Like every other club in Scotland, Rangers have lost a huge amount of matchday revenue through the loss of fans at Ibrox.
However, their Europa League charge has already earned them a massive windfall and there could be more to come.
According to Football Coefficient, Rangers have already earned £8.9m from their run to the Round of 16.
That’s based on last season’s payouts and, according to the Times, that could be reduced because of the Covid pandemic.
However, it’s not likely to make a big difference to the payouts.
And things could get even better for Rangers.
According to the Daily Record, if Rangers can get past Slavia Prague and book a place in the quarter-finals, they’ll bank another £1.3m and then another £2.1m for making the semi-finals.
If Rangers can make it to the final, they’ll be guaranteed another £3.9m and £6.9m if they shock the football world and win it.
Huge boost for Gers
In a world that’s been ravaged by the Covid pandemic, this alternative revenue stream is huge for Rangers.
The Gers recruitment team has brought in some serious bargains to build this dominant squad but, going forward, cash will be hugely important to keeping the club on top and moving forwards.
Rangers will be in the Champions League next season and the next season the champions could get an automatic route through to the group stage.
The draw against Slavia Prague means that we’ve got a real opportunity to get to the quarter-finals in the Europa League this season and bank even more cash.
Beyond that, we can only dream.
But, in a season that has been a disaster for a lot of clubs, banking this cash and winning the Premiership has really set Rangers up for the future.
Likewise, with Celtic missing out on real cash from Europe and losing their crown and fan revenue, it’s going to be so much harder for them to rebuild.