Rangers' Prize Money: £18.1 Million from Europa League

Glasgow Rangers’ European success paid off big time – see how much they earned in prize money and what they plan to do with it.

Rangers received a whopping £18.1 million in prize money for their impressive Europa League run last season which saw them reach the final of the competition.

Despite the heartbreak of losing to Eintracht Frankfurt on penalties, the Gers will be celebrating the financial windfall which is more than double of what bitter rivals Celtic earned from their European escapades.

While Rangers would have loved to return home with the trophy and a maiden European silverware in half a century, the eight-figure sum will certainly ease the pain.
The funds will provide a much needed boost to the Ibrox club as they look to strengthen their squad for another tilt at the Scottish Premiership and Champions League titles.

The Gers had a memorable Europa League campaign, overcoming several top clubs including Portuguese giants Benfica and Czech side Sparta Prague before bowing out to the German outfit.

"UEFA’s Financial Report for last season reveals how they distributed their prize money with each club receiving a starting fee to play in the competition, along with money for wins and draws and further funds due to the TV market poll, the team’s coefficient standing and subsequent progress.And Rangers’ final prize fund saw them receive £3.15 million from the starting fee, £800,000 for their coefficient, £2.5 million for their TV market pool, £2.1 million for their group stage performance, £430,000 for their knockout round win, £1.05 for their Round of 16, £1.5 million for their quarter-final success, £2.45million for their semi-final win and £4 million for being runners-up.Additionally, each club received more money with UEFA’s Europa League surplus share pushing Rangers’ tally up to £18.1 million."

Their run to the final in Seville, Spain generated £18.1 million, in stark contrast to Celtic’s £9.2 million from exiting all competitions early.

Rangers fans now have the bragging rights and ammunition ahead of the Old Firm derby this weekend.

The financial rewards will keep coming for the Scottish giants as they can expect to rake in tens of millions from their Champions League group stage appearance, despite failing to advance to the knockout rounds.

While Celtic struggle with financial difficulties, their rivals across the city are reaping the benefits of on-field success.

Rangers have well and truly re-established themselves as a force in European football after years in the doldrums.

The future certainly looks bright for Michael Beale’s men as they go from strength to strength under his stewardship.

The £18.1 million windfall will only accelerate Rangers’ resurgence and bid to wrestle back control of Scottish football from their bitter foes.

Rangers’ Prize Money: £18.1 Million from Europa League

By Hikithe Achumi | Apr 7, 2023