Rangers secured another UEFA Europa League bonus payment for their win over OGC Nice on Thursday night.

The Ibrox club have now earned four bonus payments for their results in the league phase; three for wins and one for a draw.

Before a ball was kicked, Rangers already earned €4.31m for their participation in the Europa League league phase. 

Rangers' wins over Nice, Malmo and FCSB earned further payments of €450k, totalling €1.35m so far. The draw against Olympiacos saw Rangers earn a further €150k.

Rangers still have three Europa League matches to play in the league phase with bonuses still up for grabs for any draws or wins against Tottenham, Manchester United or Union Saint-Gilloise.

The Ibrox club also know they're guaranteed money from UEFA based on their ranking in the league phase. The minimum payment is €75k with that figure increased for every spot higher in the league table.

Purely calculating the guaranteed money (not an estimate on the finishing league phase rank), Rangers have earned £4.9m.

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Rangers' guaranteed Europa League earnings so far

League phase participation - €4.31m (€4.14m down-payment and €170k balance).

Win bonuses (Malmo, FCSB, Nice) - €450k x 3 = €1.35m

Draw bonuses (Olympiacos) - €150k

League ranking bonus - minimum €75k, increased by the same amount for every placing higher than bottom so will be higher when positions finalised.

GUARANTEED TOTAL SO FAR: €5.885m (£4.9m)

Potential Europa League payments

1st to 8th in league phase - €600k (£500k)

9th to 16th in league phase - €300k (£250k)

At least €75k - increased by the same figure for every position above the bottom in the league phase.

- qualification for the knockout round play-offs: €300k per club
- qualification for the round of 16: €1.75m per club
- qualification for the quarter-finals: €2.5m per club
- qualification for the semi-finals: €4.2m per club
- qualification for the final: €7m per club
The UEL winners can expect to receive an additional €6m