Rangers boss Derek McInnes and Celtic manager Martin O'Neill
Derek McInnes and Martin O'Neill Imago

Where Rangers rank among Britain’s most valuable clubs - are they above Celtic?

Declan Carr

Senior Correspondent AUTHORITY Senior sports journalist with experience at Sports Mole and VAVEL; Masters graduate from Liverpool John Moores University. FOCUS Breaking news, long-form analysis, and club-level insight across the Breaking Media network. THE INSIGHT Declan utilises a network of club and industry contacts to deliver verified, high-speed reporting. He provides the depth behind the headlines — from breaking news to analytical deep-dives — to ensure fans get the full story as it happens.

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Rangers are battling Celtic for bragging rights on and off the pitch at the moment.

Derek McInnes’ side sit two points behind in the Scottish Premiership title race after eight matches played.

The Govan side have taken advantage of the Hoops’ recent wobble, and have come into their own in recent weeks.

The Light Blues spent a significant amount to bolster their squad this summer again, bringing in the likes of Kevin Kelsy, Ivor Pandur and Olwethu Makhanya.

Things have finally clicked on the pitch, and it looks like the Gers finally have the edge off it, too.

A new reveal proves that the Ibrox outfit are doing something right.

What does new reveal tell us about Rangers and Celtic?

New figures have revealed the most valuable British clubs, based on squad market values.

The Premier League occupies the top 20 spots, which is expected due to the vast fortunes involved.

Championship duo West Ham and Wolves follow, before the first Scottish club is mentioned.

Rangers are ranked 23rd in the data revealed by Transfermarkt, with a squad value of £132million.

Meanwhile, arch-rivals Celtic sit 28th, with a squad value of just £104m, £28m less than the Bears. 

That suggests that the recruitment team are doing the right thing at the moment.

Rangers boss Derek McInnes and Celtic manager Martin O'Neill
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Why Rangers should not get too excited by financial reveals

Financial figures may well be a good sign, but there is much more work to be done before the Bears can start celebrating.

It is all well and good having the bragging rights over being the more valuable among British clubs, but it will mean nothing if success on the pitch does not follow.

McInnes will be keen to hammer home recent improvements before the November international break, to make sure his side are in the best possible position to challenge O’Neill.

If they fail to keep up the pressure, then it could all come crumbling down and they could fumble a really promising campaign.

Then the fact that their squad is worth more than the Hoops’ would not mean very much.

Dumping them out of the Premier Sports Cup was another positive step, but it means nothing if they don't go and win it themselves.

And if they go on to win the title, for the first time since the 2020-21 season, it would suggest that the gap has been bridged and the balance of power is changing.

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