Kieran Maguire: Rangers can 'name their price' as £72m news confirmed
Rangers will be able to “name their price” in terms of hospitality packages if they qualify for the Champions League next season.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the Scottish champions’ annual report.
Rangers posted a £23.5million loss on 5 November, meaning they have lost £71.7m since they first returned to European competition in 2017-18.
The winners of this year’s Scottish Premiership will qualify automatically for the Champions League group stage.
That task may have just been made a lot more difficult after Steven Gerrard’s exit to Aston Villa was confirmed today (11 November).
But Maguire explains how qualification could go a long way to helping them claw back their losses, especially in terms of matchday income.
Subscribe to Football Insider TV now
“It could be huge for a variety of reasons,” he told Football Insider correspondent Adam Williams.
“First of all, prize money is substantially higher for a number of reasons. It’s around three-and-a-half times what you get in the Europa League.
“The other issue from Rangers’ view, is that they are likely to be a third or fourth-seeded club, which means they are going to draw two of the big clubs.
“That doesn’t mean Rangers are a smaller club. But from a Uefa coefficient point, they aren’t going to be one of the top two seeds.
“If you have Real Madrid, Bayern Munich or Juventus coming to Ibrox, it’s a complete game-changer from a hospitality perspective.
“Rangers will always sell out, but you’ll effectively be able to name your own price when you’re selling those boxes.
“The commercial department will be seeing dollars signs. It’ll be an emotional event, and many people will want to share in it.”