Maguire: Rangers stars set for 'Significant Bonuses' amid £13m Uefa reveal
Rangers will have to pay out “substantial bonuses” if they win the Scottish Premiership and qualify for next season’s Champions League group stage.
That is according to finance expert and new Football Insider columnist Kieran Maguire, speaking exclusively with Rangers 21 points clear in the Scottish Premiership and into the knockout rounds of the Europa League.
Bonuses are not broken down in clubs’ financial reports but it is common practice to remunerate players based on performance over the season, with bonuses scaled according to the financial weight of each competition.
The SPFL, for example, reserves £25m in prize money with the league winner earning £3.35m.
Maguire acknowledges that Ibrox players will be due bonuses if they seal the league title but says they will pale in comparison next to the financial reward they would earn upon Champions League group stage qualification.
He told Football Insider correspondent Adam Williams: “Footballers want to win football games, it doesn’t matter if you’re playing in the park or the Champions League.
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“But in terms of recruitment, it makes sense to have a progressive wage structure. It is good for the club and good for the player.
“From the club’s point of view, if the players don’t deliver, you’re not on the hook for too much money. From the player’s point of view, you’ve always got something to play for.
“So Rangers will pay out substantial bonuses if they win the league but they will be far bigger next season if they qualify for the group stages of the Champions League.
“I would imagine that they would payout bigger bonuses than winning the Premiership itself because of the additional money that’s involved.
“If you qualify for the group stages, you get an immediate £13m from UEFA, plus you then get money from other pots too.
“That would also push them further up the UEFA coefficient, which can be a real game-changer.
“The Rangers board are professionals and you’d imagine they’ve looked at the numbers and said to the players ‘If you can get us over the line then you’ll be substantially rewarded.'”
If Rangers were to reach the group stage of the 2021-22 Champions League, it would be the first time since 2010-11.
Rangers have performed excellently in the Europa League this season and will face Royal Antwerp in the round-of-32 first-leg on 18 February.