Rangers’ Chief Executive Stewart Robertson has disputed reports that the Light Blues will receive £40m in prize money from qualifying for the Champions League group stages.
Robertson suggests the Gers will only earn half that much, and they would have to reach the quarter-finals in order to earn close to the original figure.
Supporters on Twitter are not convinced by Robertson’s argument, with many citing the fact that the club could earn a great deal more from gate receipts for the three home fixtures:
Sorry, but I just don’t believe a word that come out of Robertson’s mouth. When are the accounts due ? We’ll get a full picture then, and a chance for fans to ask real questions at the AGM . Something isn’t right
— Marc (@MarcJLumsden) September 21, 2022
All seems a bit like excuses now. Last year it was all about how much money we were making and how it would go back into improving the team and now fans are questioning things it seems like goalposts have moved. I understand fully the business side of thing but still lots of ??
— Peter Adam (@petera1872) September 21, 2022
Rangers will still hit £30m because of their crazy ticket prices
— Rangers Fan (@RangersandUK) September 21, 2022
It sounds like we shouldn't have bothered qualifying for the CL ffs..
— Blonde Buff 🦬🏆 (@Rangers4life_) September 21, 2022
Very disingenuous, by half he means excluding the gate receipts..
— Chris Scott (@christtocs) September 21, 2022
If we didn’t sell assets of nearly 40m , if we didn’t reach the uefa final, if we didn’t qualify for champs league…..where would we be?
— dex (@PRodgersN) September 21, 2022
Lets see if he is happy to sit down and discuss 21-22 accounts when they are released. Wont be any wriggle room then.
— Mark 🇬🇧+🏴 (@mjh1977) September 21, 2022
If the Rangers board won 100 million of the euro lottery they’d say we only won a tenner of a scratch card
— james stirling (@jamesst50264523) September 21, 2022
As some have pointed out, we will find out a lot more about what the actual financial situation is when the next accounts are made public.
It is pretty surprising to hear the club playing down the revenue they are receiving from the Champions League. Whichever way you look at it, it is a substantial cash injection and you do have to ask questions about where all the extra cash is going.