According to Football Insider, Rangers’ commercial revenue is expected to rise to £30m in their upcoming 2022/23 season finances.
The Scottish giants recorded record revenue of £86.8m in 2021/22 after a hugely successful season in which they reached the Europa League final.
The majority of this figure comes from the club’s significantly improved commercial income, which stands at £28.4m.
Before the 2021/22 season accounts, Rangers’ previous record commercial income was just £15.2m.
One of the Ibrox club’s main sponsors is kit supplier Castore, who have signed a five-year deal with Gers until 2024 worth £25m, including performance-related bonuses. capacity.
It is understood that Castore pay just over £4m per season as part of the deal, while Rangers also pocket bonuses for winning silverware and qualifying for European competition. Another key partner for Rangers is Kindred Group, who have a long-standing partnership as the club’s shirt sponsor.
After many years of Red32 appearing on the club’s shirts, sister brand Unibet will appear on Gers’ shirts for the 2023/24 season.
The Scottish club have also signed a deal with Boxt to become the club’s new sponsors, with the home heating and installation company also benefiting from regular advertising at Ibrox as a part of the agreement.
This agreement signed in 2022 is considered a significant improvement over the previous agreement with Tomket Tires.
Overall, Football Insider understands that Rangers are set to announce commercial revenue surpassing the £30 million mark in their 2022/23 season accounts. Elsewhere, Rangers pundit hits out at Scotland fans after ‘massive commotion’ at training ground
