Celtic’s financial acumen has been a hot topic among supporters and pundits. While some laud the club for its ability to generate a significant war chest, others are quick to point out the perceived lack of support for manager Brendan Rodgers in the transfer market. Despite the divide in opinion, one thing is clear: Celtic has mastered the art of accumulating wealth, positioning themselves among Europe’s financial elite.
Sales of key players such as Kieran Tierney and Jota, each fetching a joint record sale of £25 million for a Scottish club, alongside notable deals for Josip Juranovic, Odsonne Edouard, and Moussa Dembele, have bolstered Celtic’s coffers substantially.
The UEFA document for the 22/23 season sheds light on the financial standings, revealing Celtic’s pre-tax profit of £40 million for player trading alone. This impressive figure places Celtic sixth among Europe’s profit leaders, trailing behind clubs like Brighton, Napoli, Ajax, Bayern Munich, and RB Salzburg. Such financial success is commendable, yet it has become a point of contention among the Celtic faithful.
The crux of the issue lies in the between our financial success against on-field struggles. Despite the club’s substantial financial resources, recent recruitment efforts have left the team trailing two points behind their rivals, struggling against teams they were expected to dominate. This discrepancy between financial health and competitive performance has fueled frustration, turning the board’s prudent financial management into a focal point for criticism.
Rank | Club | Amount (€) | Amount (£) |
---|---|---|---|
1 | Brighton | €153m | £131.2m |
2 | Napoli | €118m | £101.1m |
3 | Ajax | €55m | £47.1m |
4 | Bayern Munich | €54m | £46.3m |
5 | RB Salzburg | €50m | £42.8m |
6 | Celtic | €47m | £40.3m |
7 | Lille | €35m | £30m |
8 | SC Freiburg | €28m | £24m |
9 | Sporting Lisbon | €26m | £22.3m |