The figure is a shorthand which has come into common usage – but Robertson said that it would take the Ibrox side reaching the quarter finals before Rangers could take home such an amount.
Stewart Robertson has set the record straight on Champions League finances[/caption]
We told you prior to the Malmo match last year how Uefa breakdown the cash for their club competition.
The Ibrox side are under pressure from their own supporters after naming a side against Lazio which contained NONE of their summer signings.
Robertson told the Rangers Review: “The £40m number is just wrong.
“Unless we perform really well, get through to the next round, even get through to the last eight, we are probably not getting anywhere close to £40m.
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“And we know the challenge in doing that because you are up against the biggest clubs in Europe.
“When you sit with Dortmund last year and you hear budgets are five times ours, I suspect we will have one of the smallest budgets in the Champions League this year.
“Against Napoli, I thought we showed we can compete.
“Take the Ajax game away because that was different. Everybody knows we can do better but you realise the difference between the Europa League and the Champions League in terms of quality.
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“I hope people can now see [the reality]. I think we should have done more to get that message out earlier.
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“Back in the day the Champions League was worth much closer to £30m but now it’s going to be much closer, for us, to £20m.
“So there’s a big, big difference.”