'Massive Ibrox boost' - Exclusive: Pundit reacts as Rangers land £7m pre-Jan jackpot
Steven Gerrard and Rangers fans should be optimistic at the prospect of some of their £6.6 million Europa League payout being redirected to the transfer kitty.
That is according to ex-SPL striker Noel Whelan, speaking exclusively to Football Insider correspondent Dylan Childs.
In an era of intense economic uncertainty, the seven-figure boost will be hugely welcomed by all those connected with Ibrox.
“Look, no fans coming into a massive club like that, no bums filling seats, you need an injection of cash to keep the club going and to manage the books right,” said Whelan to Football Insider.
“Yes, there’ll be some that’ll be going into the club financially. I’m sure Steven [Gerrard] will be hoping some will be going onto the field as well.”
Click below for exclusive transfer news
“I think any cash injection into a club the size of Rangers at this current stage in everyone’s lives is a massive Ibrox boost, it just shows where they are. They are in a good place financially and healthy going into this January window.”
“Like Leeds United with their financial boost that’s going to be kicking in in January, a bit more investment put in just eases people’s minds.”
Rangers could be set to see their bank balance swell even further after they were given a favourable draw against Antwerp in the Europa League Round-of-32.
In light of this and their runaway league form, Gers fans will be hopeful of narrowing the financial gap with Celtic.
Rangers’ gross revenue rose by 11% last annum while Celtic’s shrunk by 15.8%.