Celtic and Rangers alerted to mammoth Champions League revamp bid to land more cash and take tournament global

Paris Saint-Germain president Nasser Al-Khelaifi has proposed a drastic Champions League rethink that would see clubs bank even more cash in the years ahead.

And it's good news for Scottish clubs as Rangers and Celtic battle it out for an automatic spot from next season.

The two Glasgow giants are vying for a £40m payday by winning the Premiership and going straight into the group stage of the top tier.

There will also be three more clubs in Europe next season due to our rise in coefficient standings, with third-placed Hearts set to be joined by the fourth and fifth-placed sides - unless Hibs win the Scottish Cup and qualify that way.

It's good news for the bank balance of all the Scottish clubs involved and it could be set to get even better if Al-Khelaifi gets his way.

He's proposed more changes that would see European qualification become even more profitable starting with a Champions League rethink.

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Al-Khelaifi, who also chairs the European Clubs Association, wants to see UEFA take better advantage of TV revenue with a focus on utilising digital platforms as well as regular linear TV.

He told The Athletic : “First, don’t dismiss linear TV - everyone has said it is dead for 10 years. Every major