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The National (Scotland)
The National (Scotland)
National
Ewan Paton

How much Rangers lost in Europa League cash after Genk loss

Rangers lost out on some serious money amid their damaging Europa League loss to Genk last night.

Former Celtic striker Oh Hyeon-gyu netted the decisive goal at the 55-minute mark at Ibrox, rectifying his earlier penalty miss, with Jack Butland saving.

Mohamed Diomande was sent off before half time for a dangerous lunge right in front of the referee, which made Rangers' task even harder.

The result leaves Russell Martin's position hanging by a thread, with fans again turning their backs on the head coach at full time, with boos and chants of 'Martin, get to f***' audible.

To rub salt into Rangers' wounds, a victory, or even a draw, would have not only seen them pick up a positive result in the circumstances, but also would've been a boost to their coffers.

That's because in the league phase of this season's Europa League, for every win a team records, £389,000 will be paid out in prize money by UEFA.

For a draw, European football's governing body will award teams £130,000.

Of course, with Genk winning 1-0, they got the full prize money on offer from the matchday one fixture, with the Ibrox club getting zero.


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Not only that, with a home attendance of just 37,000, Rangers also lost out on valuable gate receipts.

With 12,000 empty seats at Ibrox, at an estimated £50 a ticket, that's around £600,000 (give or take) in further revenue missed out on by the club.

This takes the absolute maximum earnings missed out on to just shy of £1m - which doesn't include merchandise sales, or lack of.

Chairman Andrew Cavenagh was in attendance at the game last night, and could be seen speaking to supporter at one point during the game from the directors' box.

Ally McCoist and Kris Boyd are among the prominent former Rangers players who believe a change will be required in the dugout, with Martin so far floundering.

The former admitted that the ex-Southampton head coach is in 'big trouble'.

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