Connect with us

Celtic FC

Finance expert moots are feasible. Rangers revenue has experienced a significant decline of over £25 million in comparison to Celtic

Published

on

According to Dan Plumley, Rangers must qualify for the Champions League or experience a £25 million deficit in their finances in comparison to Celtic.

Celtic secured their 11th league title in 12 years and secured the sole automatic qualification position for the Champions League next season, as the Gers experienced a decline toward the conclusion of the season. They ultimately finished in second place, four points behind Celtic.

Plumley, a football finance expert, estimates that the Ibrox club could incur a loss of up to £25.5 million if they are unable to qualify for Europe’s premier competition, despite the fact that the place is worth approximately £68 million in revenue and broadcast revenue.

“The gap to Celtic is not significant in terms of raw numbers, as we have observed that the revenue positions of Celtic and Rangers are relatively similar regardless of whether they are both in the same competition,” he exclusively stated to Ibrox News.

“Their revenue positions are always in a state of flux, with one team surpassing the other in a manner similar to the on-pitch performance. In the context of Scottish football, I do not anticipate a substantial financial shift in terms of first and second place, as we are aware that the revenue generation is fairly consistent.

“The Champions League is the big kicker and has the potential to be a significant factor. If Rangers are unable to qualify, the starting fee is likely to be in the region of €80 million (£68 million) due to the new format and the new money available. Additionally, there are bonuses for match wins, additional home matches, and potentially a small amount of money to be generated from the value of the TV market pool, which will not be significant for Scotland, but it is still a significant amount of money.”

“Consequently, the minimum cost of qualifying for the Champions League is likely to be in the range of €20 million (£17 million), with a maximum cost of €25-30 million (£21.2-25.5 million).”

“Rather than the domestic situation, it will be that that provides the differentiation.”

In order to reduce that disparity, Rangers must commence prevailing on the field.

In football, money is a powerful motivator, and the wealthiest clubs frequently achieve the greatest success. This is one of the reasons Celtic has been able to sustain their dominance in the domestic league for an extended period.

However, Rangers are not that far behind in terms of their off-field performance. If they can reverse the situation on the field by winning trophies and titles, they can also do so in the off-field.

Philippe Clement is in need of reinforcements at Rangers

Philippe Clement requires additional personnel at Rangers.

This is the reason why the transfer window is so significant for the club. If Philippe Clement is able to secure the necessary players and begin to dominate their fierce rivals in the major games, it will result in increased success and trophies.

However, he will need to devote his entire attention to returning to the Champions League once the season commences. The new format of the competition promises to be an exciting time for the club.

There is a significant amount of work to be done, but it is reassuring to know that the financial aspect can be resolved with some on-pitch results. Consequently, the objective should be readily apparent to all.

World media responds as Rangers receive yet another round of punishment from the Celtics in retaliation for their “grey” campaign

The six months that the Norwich City loanee has been at Celtic Park have seen him shine.

As they get ready to officially announce Adam Idah’s acquisition, Celtic are prepared to offer manager Brendan Rodgers exactly what he wants. After witnessing the Irishman lead the Hoops to Scottish Cup victory on Saturday, the Parkhead manager made it quite evident that he wants the striker back for the upcoming campaign. Additionally, Record Sport is aware that the Hoops administration is dedicated to carrying out their manager’s instructions. The final-minute goal by the on-loan Norwich star clinched this year’s Double triumph and sealed the victory over Rangers.

And that concluded the 23-year-old’s fantastic six-month stay in Glasgow, during which he scored nine goals in 19 games. Among those crucial goals were ones at Easter Road, Ibrox, and Rugby Park, when Rodgers’ team easily won the championship. After firing David Wagner, Idah’s parent club at Carrow Road, who are reportedly seeking a sum of money close to £6 million for the Republic of Ireland hitman, are still without a manager.

That may perhaps make things more difficult if their new manager chooses to evaluate the Cork native striker prior to the start of the new campaign. However, Celtic is operating under the presumption that Idah will return, spearheading their assault when they play the best teams in Europe in the Champions League. That will please Rodgers, who was ecstatic to see the frontman steal the headlines at Hampden and could not have been more complimentary of him. Following the 1-0 victory over Rangers, he declared, “The board knows how I feel about Adam, which is why I brought him in.”

“Especially in the past few months, he has been true catalyst for us. He plays lot of games. He has taken on significant responsibilities for us in numerous instances. “I’m overjoyed for him – an Irish boy who plays striker and wins the Scottish Cup Final against Rangers.” Whoa. How amazing his summer will be. We’ll see if we can acquire him in the summer; the board will review the situation. My conversations with Adam will stay confidential as have lot of work ahead of me. However, we’ll see what transpires because both the club and he are aware of my feelings.

 

 

 

 

 

 

 

 

 

 



Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending