Rangers can cover 'astronomical' wages with £75m+ revenue - McLeish

By Alex McLeish

12th May, 2022 | 7:58am

McLeish issues 'astronomical' Rangers claim after finance expert's £80m reveal

Alex McLeish has suggested this season’s European run should help Rangers remain competitive in terms of transfer fees and wages offered.

The former Gers boss, speaking exclusively to Football Insider, admitted contract demands could be “astronomical” but that the increase in funds at Ibrox would help cover those.

Finance expert Kieran Maguire revealed to Football Insider on Sunday (8 May) that he expects Rangers’ revenue to soar from £48million in 2020/21 to “£75million or £80million” this term.

This site revealed on last week (3 May) that the Gers have secured £25million-plus from their European exploits this term.

McLeish admitted the financial boost would help Rangers “keep up with the Joneses”.

McLeish told Football Insider’s Russell Edge: “The first thing I always thought about when I was a footballer was not my winning bonus. It was about winning and the glory of that.

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“Back in the day, the bonuses were really good. That is in terms of the state of the financial days that we had in that particular era. The more you won, then the more you could be secure with your life and your family’s lives. That obviously becomes a big part of your thinking.

“I’m sure that it becomes a huge part of any board of directors’ thinking. For this club to keep getting the glory that it’s had in the past and is achieving again, that must continue.

“It always helps when you get that kind of revenue. You know the figures in world football now. To bring players to clubs, the wages, the demands, it’s astronomical. You’ve got to keep up with the Joneses, as it were.

“It’s difficult for Rangers, Celtic and the Scottish league to keep up with the English leagues. They’re our neighbours across the border which is always said to be the richest league in the world.”

In other news, Rangers TV pundit makes “amazing” John Lundstram claim as “crazy” footage emerges from Ibrox.