By Wayne Veysey

Rangers are confident of banking around £8million from the Europa League this season, Football Insider understands.

The Glasgow giants expect to secure the massive windfall even if they do not reach the post-Christmas knockout stages of Europe’s secondary competition.

Ibrox sources have told Football Insider how the club expect to generate £8million from Uefa handouts, prize money for their performances, the Scottish clubs’ share of the TV pool, their increased Uefa co-efficient ranking as well as matchday, commercial and merchandise income.

Uefa’s Europa League distribution data show Steven Gerrard’s side have early earned £3.3million, made up of £2.6million from their group stage allocation and £700,000 for progressing through the Europa League qualification rounds over the summer.

Further guaranteed cash is on the way to Ibrox through various other sources, with the multiple home matches on Thursday nights a major moneyspinner.

The Light Blues have already hosted four Europa League qualifier matches at their 50,000-capacity stadium and three more, which are certain to be sell-outs, will take place in the group stages.

Matchday income accounted for 70 per cent of Rangers’ income in their most recent published set of financial results, which revealed a turnover of £33million for 2017-18.

That figure is set to significantly increase for the 2018-19 campaign, mainly due to the team’s Europa League success in Gerrard’s first season at the helm.

In other Rangers news, it can be REVEALED that Gerrard and his staff have concerns about Ryan Kent.