RANGERS and Celtic each picked up morale-boosting victories in the Europa League on Thursday night. Neil Lennon's side were first up, seeing off Lazio in Rome thanks to a 95th-minute winner from Olivier Ntcham before Rangers picked up all three points with a 2-0 win at home to Porto.

Celtic's win means that the Scottish champions have now booked their spot in the knockout stages while Rangers have taken a significant step towards qualifying for the last 32 with two group games left to play.

Results on the pitch are the most important things for supporters of course, but European football brings prize money alongside it and both of Scotland's remaining European representatives have significantly boosted their bank balances with their continental exploits this campaign.

So, how much has each club banked in prize money this term?

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We previously covered the financial rewards for all four of Scotland's representatives in Europe once the qualification process had come to an end, with Celtic earning €4,060,000 (around £3.7 million) and Rangers banking €3,700,000 (around £3.3 million). Now, it's important to point out that this doesn't cover television income; these figures are purely what each club has earned in prize money from UEFA.

Since then, each team has played four group stage games and both have earned more prize money as a result. Each Europa League group stage win is rewarded with €570,000 (around £490,000) while each draw is worth €190,000 (around £163,000).

Celtic, then, have earned more than their Old Firm rivals at this stage of the campaign: their three wins and solitary draw adds up to €1,900,000 (around £1.63 million). Added to the previous earnings, Celtic's total prize money at this point adds up to just shy of £5 million. Additional prize money is of course up for grabs in the remaining two fixtures and once the group stages conclude, the Parkhead side will gain either €1,000,000 for finishing top or €500,000 for finishing second.

Rangers, meanwhile, have two wins and a draw from their opening four games, which translates to €1,330,000 (around £1.15 million). More prize money can be gained from their final two matches and if they seal a place in the last 32 but as it stands, the Ibrox club have been awarded a little under £4.5 million in prize money alone.