Rangers came close to a famous Europa League final triumph on Wednesday night, losing 5-4 on penalties to Eintracht Frankfurt after a 1-1 draw in the heat of Seville.
Giovanni van Bronckhorst's side had knocked out Borussia Dortmund and RB Leipzig on a fantastic run to reach a fifth European final.
Joe Aribo gave Rangers the lead with a cool finish after 57 minutes but Rafael Borre equalised 12 minutes later for the Bundesliga club.
Ryan Kent almost won it for the Ibrox team at the end of extra time but he was denied by goalkeeper Kevin Trapp as a tense final went to penalties.
Trapp saved from substitute Aaron Ramsey in the shoot-out and that ultimately proved decisive as Eintracht converted all five of their kicks.
Neil Doncaster, SPFL chief executive, said: “After such a hugely impressive UEFA Europa League campaign, it was bitterly disappointing to see Rangers miss out at the last hurdle.
“No matter the result, it was a fantastic achievement to reach the final, beating so many big names en route. The players and coaching team deserve huge credit for their consistently impressive performances.
“Their brilliant run in the Europa League has already made an incredibly positive impact on our UEFA coefficient, and we are looking forward to having five Scottish clubs competing in Europe next season.”