Rangers MISS OUT on UEFA's £260m bonanza as Celtic divvy up Champions League riches to Premiership clubs

Rangers are racking up the cash in the Europa League after getting their first win over Malmo - but won't benefit from UEFA's latest proposal.

The move to rubber stamp solidarity payments will see the rest of the Scottish Premiership gain a cash boost amid Celtic's Champions League adventure. The Hoops kicked off the 2024/25 campaign in the revamped league phase with a rampant 5-1 win over Slovan Bratislava - and will hope to pull of another big result in Tuesday's clash with Borussia Dortmund while banking their share of the £40m cash bonanza.

And the run is good news for several top flight clubs with UEFA and the European Leagues Association approving new paydays for teams have have failed to qualify for the Champions League, Europa League or Conference League. After Celtic reached the group stage last season, £650,000 will be paid to the nine clubs who didn't play European group stage football in 2023/24 - Dundee, Hearts, Hibs, Kilmarnock, Livingston, Motherwell, Ross County, St Johnstone and St Mirren.

The governing bodies of European football have now rubber stamped plans for teams that are not participating in the League Phase of a UEFA competition. Dundee, Hibs, Kilmarnock, Motherwell, Ross County, St Johnstone and St Mirren will make around £1.6m before the end of the campaign amid Celtic's involvement in the league phase.

Aberdeen will land around £1m over the same period having missed out on a payment having been involved in the Conference League last season. Newly promoted Dundee United will take home a similar figure having missed out on last season's payday.

Hearts, who kick off their Conference League campaign against Dinamo Minsk on Thursday next week, and relegated Livingston will bank £650,000 each.