As per Football Insider, Glasgow Rangers are set to pocket an extra £13m once their extended Europa League campaign finally draws to a close.

On Wednesday, it was confirmed that the Gers will receive £2.4m for their second-place finish in the Scottish Premiership. That is peanuts in comparison to the wealthy Premier League, but it could still go a long way north of the border.

It is in European competition, though, that should prove to be the most lucrative. This report has stated they have already received a sum of £7m, which is guaranteed from UEFA’s distribution programme, but they are also set to pocket at least £13m when the Europa League is finished. They still have a second leg to play against Bayer Leverkusen, although they are 3-1 down from the first match.

The upcoming campaign is an important one for the club, but especially for Steven Gerrard. He has already gone two campaigns without a trophy, which is almost unheard of at Ibrox – he surely cannot go a third and expect to hold on to his job.

If this money can be used to improve his squad, though, then he has every chance of ending that drought. Ianis Hagi has already signed, costing £3m, whilst Calvin Bassey has arrived on a free transfer. That is a good start, no doubt, but there is still plenty of work to do to catch Celtic at the top of the table. These funds could be vital in helping the Gers do just that.

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