Germany Portugal city Aberdeen Covid-19 stage and Rangers Drop Germany Portugal city Aberdeen

Celtic and Rangers set for European prize money drop as UEFA TV and sponsorship funds cut

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dailyrecord.co.uk

UEFA cutting prize funds due to Covid-19. The governing body has told the SFA and other member associations that they lost £514million because of the reduction in TV and sponsorship money last season.

The ties in the latter stages of the Champions League and Europa League were cut to one-legged affairs in Portugal and Germany.

And that cost UEFA a huge amount of money with TV companies needed rebates. Both competitions had been suspended in March with Rangers ' game against Bayer Leverkusen at Ibrox one of the final matches played before the shutdown.

The single-leg ties were kept for this season's qualifiers with Celtic and Rangers qualifying for the group stage of the Europa League while Aberdeen and Motherwell crashed out in the third.

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