Rangers have missed out on an 'enormous' Champions League windfall. Finance expert Stefan Borson explains why the club must improve their player trading at Ibrox.
there is an “enormous” difference between the Champions League and the other European competitions. Rangers finished third in the Scottish Premiership table after losing four of their final five games of the season.qualifying rounds for next season, but they will be promoted to the Europa League qualifying rounds if Celtic beat Dunfermline Athletic in the Scottish Cup final.
The Ibrox club recorded a £600,000 loss on player sales last season, while their Old Firm rivals made a £31.5million profit.
“There’s no two ways about it, it’s bad,” said Borson. “The difference is so enormous between potential Champions League and everything else, so it’s a very difficult situation. “They’ve got to find a way really of bringing youth players through and making more money on player trading because there’s now so little certainty around being able to get into the Champions League because of the change of the rules and the difficulties that Scottish teams have.
“They’ve got to have a different business plan. We’ve been talking about it for probably a couple of years now, how they’ve got to improve bringing players through, their development of players and their reselling of players.
“To me, that’s got to become a central part of the business plan because the old relying upon really Champions League as being the way to develop the team compared to Celtic is just not a reliable route anymore. The gap between being in the Champions League and not being in the Champions League is even bigger.
”Borson insisted that improving how they operate in the transfer market is the key to Rangers strengthening their financial position without Champions League football.
“It is bad news and the only way to fix it is to concentrate on player development and better trading,” said Borson. “That then has the effect of bringing in more capital, bringing in better players, developing better players, getting Champions League and also trading players. The two things together then working to generate proper profits. Rangers lose three successive league games for the first time in over 25 years, and will now finish third.
This means three Conference League qualifiers. Unless Celtic win the Scottish Cup, in which case it's two Europa League qualifiers for Rangers.
“I’m not saying it as if it’s just so obvious to be able to fix, but if you’ve got a situation where qualifying for the Champions League has just got a lot harder, you’ve got no option but to do that. ”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Celtic secure 56th Scottish league title, surpass RangersIn a thrilling final day, Celtic won against Hearts, winning the Scottish league title for the fifth consecutive time. After the match, players snapped 'Simply The Best' while the iconic tune is usually played for departing Rangers players at Ibrox.
Read more »
Frank Lampard 'targeting' Champions League winner for first Coventry signing in Premier LeagueThe Premier League legend is hoping to sign a player that nobody expected to see back in England's top-flight.
Read more »
Arsenal handed huge potential boost for Champions League final after PSG star suffers injury scareIt is now less than two weeks until Arsenal face Paris Saint-Germain in Budapest.
Read more »
Rangers chief reacts to Champions League failureDanny Rohl's side slumped to a third-place finish that means Rangers could even end up in the Conference League this summer
Read more »