CELTIC’S transfer business and onfield problems are having no baring whatsoever on the club’s latest share price.
Reuters Jamie McGeever took a snapshot of the clubs share prices since the millennium and although the club itself is going through a sticky spell with transfers and falling out of the Champions League – the share price keeps on climbing!
Celtic shares rise to 165p, highest since December 2000, and up as much as 20% this week. pic.twitter.com/4k3uycqKxv
— Jamie McGeever (@ReutersJamie) August 30, 2018
Not that this matters to the average Celtic fan but it is peculiar to see that how much the stock has climbed in the face of the most adversity the club has dealt with in two years.
Celtic’s failure to secure transfer targets, selling important first team players and missing out on the Champions League are all adding to the negative feeling around the club at the moment.
The board and management have less than two days to improve their playing squad for the first half of the season. However, if you’re a Celtic shareholder you might be inclined to let this play out.
Which begs the question, what’s going on?!