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Glasgow Live
Glasgow Live
Sport
Ben Banks

Champions League windfall deemed Rangers myth as Stewart Robertson outlines how they can bank £40m

Rangers managing director Stewart Robertson says the club would need to make the Champions League last eight if it were to bank eye-watering fees.

It had been widely reported that as a result of entry into the group stages of Europe's elite competition, the 2022 Europa League finalists and rivals Celtic were to bank £40 million. It's finances enough to change a club's entire model but Robertson says so much more needs done to achieve that at Rangers.

On zero points from two games in Group A with Ajax, Napoli and Liverpool, the MD says that £40m figure for group stage participation is fantasy, and that the actual fee they'll get is around half. He told Rangers Review: “Some think the money has fallen out of the sky but it's not like that because we know we will be in the group stages of the Europa League. That’s budgeted. The £40m number is just wrong.

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