UEFA report states Rangers gate receipts income from last season, in amongst the big boys

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 club since 2015 in an effort to revitalize the

deteriorated stadium and rehabilitate a subpar team.

Now, the plan is for Rangers to the next level with a fully functioning player trading model that will go

hand in hand with revenue made from competing in Europe and a packed home ground – a UEFA report

revealing just how much we are making out of fans attending Ibrox.

This week, the UEFA 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.

Read more on http://sportupdates.co.uk