Make no mistake, Rangers' aggregate win over Servette was huge not only financially but, more importantly, for Michael Beale and this embryonic squad he has assembled.

As much as the Ibrox club were expected to progress past the Swiss side, Rene Weiler’s men were no pushovers and gave the side from Govan an almighty fright in Geneva.

Thankfully, the reflexes of Jack Butland kept Rangers alive in the tie and a much-improved second-half showing has set up a mouthwatering double header with our old foes PSV.

From a financial perspective, the Ibrox coffers have been boosted to the tune of at least £7.5million. Whoever loses in the Champions League Play-off will receive £3m as well as a windfall payment for dropping out of Europe’s premier competition. It’s more than double what would’ve been paid out for teams who were eliminated at the third qualifying round stage.

But, significantly, it’s a result that eases the pressure on the Rangers manager. Last night was arguably, Michael Beale’s biggest game in his relatively short managerial career.

Despite an untidy first half, a dressing room dressing down at the break got the desired response with James Tavernier's 50th-minute header from a pinpoint Borna Barisic delivery securing the win.

Beale deserves credit for sparking the turnaround when it looked as though they were heading towards elimination.

Had he failed to guide Rangers through the first hurdle, the pressure would’ve intensified with many of his summer signings in the firing line.

That’s not to say the victory hides the fact that many supporters are still to be convinced over certain new arrivals, namely the forward players with Rangers still lacking that killer instinct in front of goal.

Of course, with a glut of players arriving from foreign shores, they have to be afforded time to adapt and settle but that’s easier said than done.

Failure to defeat Servette would’ve been a disaster but fortunately, we are now looking ahead to two powderkeg fixtures with a place at European football's top table at stake.

Peter Bosz’ men are rightly instilled as favourites and their 7-2 aggregate win over Sturm Graz in the previous round shows they will be formidable opponents. However, unlike Servette, failure to get past PSV will not be the end of the world.

Similar to last year, the Dutch will expect to reach the group stages at Rangers’ expense. They're already expectant if their tweet with the message 'Time for revenge' is anything to go by. Going into the matches as underdogs may just suit.

READ MORE: James Tavernier on Rangers reunion with Malik Tillman against PSV

Speaking after Tuesday night’s 1-1 draw in Switzerland, Beale looked ahead to the clash. “They have an excellent coach and they’ve recruited well,” he said.

“They spent big money this summer and they are a good team.

“The atmosphere will be great in both games and there’s nothing not to love about a knockout game to get into the Champions League.

“It’s what these players dream of so let’s have a right go. Let’s not have any regrets over the two legs and make sure it’s a cauldron at Ibrox.”

Beale won’t have to worry about Ibrox next week, as ever, the fans will bring the noise. It’s up to the players to harness that energy and take it to the opposition just as they have done on numerous occasions in recent years.

What last night may just do is build belief and enhance team spirit in a squad very much in its infancy. Whether it will be enough to see Rangers get the better of a talented PSV side that includes a certain Malik Tillman remains to be seen but emerging victorious in a red-hot atmosphere as last night was, can only benefit this team going forward.

Bigger challenges await Beale and this Rangers squad but last night, for all the faults and areas that need to be improved, and there are many, the win provides a solid base to build from.

Who knows what the season has in store but come May, we may just be looking back on that warm and testing evening in Geneva as the catalyst for a successful campaign.