Rangers on course for stunning £30m+ jackpot & CL group stage spot

Rangers are on course to land a blockbuster £30million-plus jackpot after their Europa League win on Thursday cemented Scotland’s hold on 11th place in the Uefa coefficient ranking.

The Light Blues’ 3-2 triumph against Standard Liege at Ibrox not only secured them a place in the lucrative knockout stage of the Europa League for the second consecutive season.

It also had the potentially huge spin-off effect of enhancing Scotland’s chances of an automatic place in the Champions League group stage.

As reported by ESPN FC editor Dale Johnson on his personal Twitter account, Scotland has held on to 11th place in the Uefa coefficient ranking – the last position that could earn a direct place in the Champions League for the domestic champions.

It would mean avoiding the pitfalls of the qualification stage that has tripped up Celtic in recent times.

Celtic have failed to reach the Champions League group stage in the last three seasons and had to drop down to the Europa League before Christmas.

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The last time the Scottish champions played in the group stages of Europe’s elite competition – in Brendan Rodgers’ second season in charge – they earned £32m.

Rangers are well placed to win this season’s title and end their trophy drought after opening up an 11-point lead over Celtic, who have two matches in hand.

It has been a remarkable campaign so far for Steven Gerrard’s side, who are unbeaten from 24 matches in all competitions.

Rangers’ most recently-published financial results demonstrated the value of European competition, with the Europa League bringing in £20.7million last season from all sources including gate receipts.

For the year ending 30 June 2020, Rangers confirmed that revenue had increased from the previous year to £59million but they posted a loss of £15.9m, an increase of £4.3m on last year’s numbers.

In other news, Rangers have set their sights on signing son of Premier League legend from Scottish club.