Rangers on track for stunning £20m transfer boost – sources
Rangers are set to boost their transfer budget by around £20million if they qualify for Champions League football next season, sources have told Football Insider.
The Glasgow giants are currently leading the Scottish Premiership after closing the seven-point gap Celtic previously had at the top of the table.
If Philippe Clement’s side are able to hold on to to top spot and lift the club’s 56th league title, they will automatically qualify for the 2024-25 Champions League.
The prestigious European competition is changing to a Swiss-style format next season which includes an additional four teams and removes the group stages.
Instead, teams will play in a league format which guarantees that Rangers will host a minimum of four home games at Ibrox.
Rangers close to stunning £20m boost
Official Uefa documents from the 2023-24 campaign show that every club that reached the group stage was guaranteed a payment of £14million.
Additional payments from the UK broadcasting market pool and coefficient payments will add to that figure – and prize money is expected to increase further next season under the new model.
Moreover, Rangers would also secure massively increased matchday revenue, particularly from corporate hospitality, as a result of hosting Champions League matches.
Sources have told Football Insider that qualification would allow Rangers to inflate their summer transfer budget by around £20million.
It would provide additional funds for Clement to invest in what will be his first summer transfer window as Rangers boss.
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