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MIND THE EURO GAP: CELTIC £25.3m, RANGERS £17.7M

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CELTIC earned the best part of £8million more than Rangers during both clubs’ Champions League participation this season.

The Glasgow rivals both failed to make progress from their groups with Ange Posstecoglou’s men settling for four defeats and two draws while Giovanni van Bronckhorst’s club lost all six of their games.

In Group F of Europe’s elite competition, the Hoops lost to Real Madrid (0=3 and 1-5) and RB Leipzig (1-3 and 0-2) while gaining 1-1 draws with Shakhtar Donetsk.

In Group A, the Gers toppled to successive setbacks against Liverpool (0-2 and 1-7), Napoli (0-3 and 0-3) and Ajax (0-4 and 1-3) to complete the section with a goal difference of minus TWENTY making them the worst team in history at this stage of the competition, taking over from Dinamo Zagreb who had held the unwanted record for a decade.

With Twitter account Swiss Ramble doing the calculations, the good news for the Parkhead club is that it’s estimated they earned almost £8million more than their city neighbours.

Celtic’s two draws brought in an additional £1.65million while, of course, Rangers pocketed nothing.

Of the UK TV pool, of which Scotland is granted 10 per cent, the champions also get a slightly larger share because of their feat of winning last season’s title – £3.13miliion to £2.78million.

But the greatest part of the imbalance comes from the Hoops’ greater 10-year co-efficient.

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Editor

Acclaimed author Alex Gordon wrote the biography of Scotland international legend Denis Law, entitled 'King and Country'. He is a former columnist with World Soccer magazine and Scottish correspondent of respected European journal L'Equipe.

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