Celtic and Rangers face financial losses after playoff exits

Celtic's exit from the Champions League may result in an estimated £30 million loss in revenue. Meanwhile, Rangers missed out on European football altogether after falling out of the Conference League playoffs. Their recent spending of over £40 million without European income puts them in a precarious financial situation. With both clubs' European dreams extinguished, significant financial implications loom ahead as they navigate their respective challenges. The situation marks a stark contrast to how both clubs typically manage their finances.

• 7:15 AMYahoo Sports — Financial repercussions for Celtic and Rangers after European playoff defeats