Rangers gate receipts income from the previous season, among the big boys, according to a UEFA report.
Rangers has never hidden their desire to become an independent team, and the most recent UEFA publication indicates that a strong foundation is being laid.
The board has invested tens of millions of pounds in the team since 2015 in an effort to revitalize the deteriorated stadium and rehabilitate a subpar squad.
With a fully operational player trading business, revenue from competing in Europe, and a crowded home stadium—a UEFA report demonstrating precisely how much we are making from fans attending Ibrox—the objective now is to take Rangers to the next level.
Rangers are up on the UEFA money list.
This week, the FIFA Intelligence Centre released a study that ranks every member club and country in seven important categories by compiling all of their financial data.
Rangers, who did not advance to the knockout stages of any European competition during the reporting period, surprisingly rank in the top 20 in terms of gate revenue increase and are one spot ahead of Celtic in 18th position.
For comparison, even though we played fewer games and slipped five spots from our 201/22 Europa League final run, we nevertheless made a total income loss of only £2 million.
For those who are interested, the statistics were £41.9m for 2021–2022 and £39.9m for 2022–2023; this further emphasizes the positive impact qualifying for the Champions League may have on the financial position.
Given the number of teams from the Premier League, Serie A, and La Liga that are ranked lower than us on the table, the magnitude of this accomplishment cannot be understated.
UEFA providing an explanation for our exceptional standing:
“Many of the usual suspects are included in this list of the top 20 clubs, but Olympique de Marseille, Rangers FC, Celtic FC, and AFC Ajax have risen to the top due to the strength of their fan bases.”
This campaign appears to be on track to earn a comparable amount, which will be necessary given that Celtic will once more be collecting Champions League money.
Even while the Europa League may not be the biggest source of TV revenue, selling out a 50,000-seat stadium for £50 per person two more times is a respectable amount of money.
What it demonstrates is that we can compete in some markets with the big boys, though it may take some time before we are shelling out nine figures in transfer fees and six figures in weekly salaries.
For now, it’s Bosmans and the occasional £4 million transfer.
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