By Kieran Maguire

22nd May, 2022 | 4:15pm

Kieran Maguire: Rangers may actually earn more cash after losing Europa League final

The failure to win the Europa League may actually lead to a boost in matchday income for Rangers in 2022-23.

That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the Glasgow giants’ penalty heartbreak in Seville.

Giovanni van Bronckhorst’s side lost 5-4 on spot-kicks after the clash against Eintracht Frankfurt finished 1-1 after 120 minutes.

Rangers would have qualified automatically for the Champions League group stages if they had won the trophy, but must now instead navigate two play-off rounds.

But Maguire explains why playing two more matches at Ibrox could actually be worth more in the long run.

“They’ve missed out on £3.9m in prize money,” he told Football Insider’s Adam Williams.

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“But you also qualify for the European Super Cup. It would be a very high-profile tie against either Real Madrid or Liverpool that they have missed out on.

“Then there is also automatic qualification in next year’s Champions League. They finished runners-up in the Scottish Premiership so they could still go through the preliminary stages.

“So if they do make it to the group stages of the Champions League, they will actually lose very little.

“In fact, you could argue they would be even better off because you can sell out Ibrox a few more times in those preliminary rounds. But if they fail to get through the preliminary stages.”

Rangers won the Scottish Cup with a 2-0 extra-time victory over Hearts on Saturday (21 May).

They finished four points behind Celtic in the Scottish Premiership title race.

In other news, Connor Goldson “lucky” as Rangers controversy analysed by pundit.