'Devastating' - Journalist issues Rangers 'Consequences' verdict as £67m comparison made

Rangers will suffer devastating consequences by not qualifying for the Champions League this season, according to Matthew Lindsay.

The Rangers Review journalist wrote on 14 August that Celtic in comparison, who’ve got reserves of £67million have a stronger squad and more money in the bank.

That undeniably would give them the upper hand over their cross-town rivals in the title race this season.

Lindsay wrote: “The 2-0 defeat which the Ibrox club – whose manager, players and supporters had been astonished and incensed when Jefte was ordered off for a second bookable offence in the second half – suffered at the hands of Dynamo Kiev denied them a potential £40m pay day.

“The reverse will have devastating consequences for Rangers. It will damage their already slim chances of challenging Celtic for the William Hill Premiership as well as the Premier Sports Cup and Scottish Gas Scottish Cup in the 2024/25 campaign hugely. And, for that matter, in the seasons to come.

“The Parkhead outfit had a stronger squad and healthier bank balance – their interim financial results revealed they had reserves of £67million when they were published back in February – before their city rivals took to the field in the second leg of the third qualifying round tie.”

Rangers are unlikely to oust Celtic to the title

Gers’ failure to qualify for the Champions League has significantly impacted their financial health, directly affecting their competitiveness against Celtic.

The loss of potential earnings, estimated at around £40 million, severely limits their ability to bolster their squad through transfers or to retain key players.

This financial disadvantage is compounded by their already reported net loss and increased operational expenses, indicating a lack of financial flexibility.

Celtic, on the other hand, boasts a healthier financial position with £67million in reserves, allowing them to invest in their squad without the same budgetary constraints.

This financial disparity enables the Hoops to potentially outspend the Ibrox outfit in the transfer market, improving their squad depth and quality.

Moreover, the psychological impact of missing out on such a lucrative competition could affect Gers’ morale and performance.

In other Rangers news, the Gers have received a significant boost ahead of the 30 August deadline as an international midfielder has handed in a transfer request as he wants a move to Ibrox.

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