What next for Rangers in Europe after Champions League exit to Malmo?

Rangers’ Champions League dream has ended in the third qualifying round
Rangers have lost their past three matches.Rangers have lost their past three matches.
Rangers have lost their past three matches.

Steven Gerrard's men lost 2-1 to ten-man Malmo at Ibrox on Tuesday night which gave Jon Dahl Tomasson’s side a 4-2 victory on aggregate.

Rangers were due to face Ludogorets Razgrad for a place in the Champions League group stages if they progressed.

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It appeared they were set to do just that in front of a packed Ibrox crowd when Alfredo Morelos gave the team a 1-0 lead.

However, Antonio-Mirko Colak netted twice in four minutes after the break. Bonke Innocent had already been sent off for the Swedes for two yellow cards just before the interval.

Rangers now drop down into the Europa League.

They will face the winners of the tie between Kairat of Kazakhstan or Armenians Alashkert for a place in the group stages.

The second-leg of that tie is being played in Armenia on Thursday afternoon, with the first-leg having finished 0-0.

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