Michael Stewart’s verdict on the Celtic financial reality and potential summer budget
Rodgers has a lot to think about in terms of where he might bolster his team; in the meanwhile, cutting peripheral players will probably free up salary spending to reinvest in possible newcomers.
The Bhoys are currently financially stable, but supporters would like to see a change in the amount that Celtic is often willing to pay in order to acquire players from other teams.In any case, the supporters have exciting days ahead of them as they continue to show no indications of letting their unquenchable desire for victory on all fronts wain. Pundit Michael Stewart has now voiced his opinions about potential hiring deals at Parkhead.
Michael Stewart’s assessment of Celtic’s summertime acquisitions
According to Stewart, who was speaking on the Scottish Football Podcast, Celtic own a “ludicrous” sum of money that needs to be used to support Rodgers in building his team.
The analyst further said that this is only going to increase significantly as the months pass at Parkhead, citing the club’s net expenditure.
Initially, he provided clarification regarding Celtic’s support of Rodgers in the window, saying, “They have to (back Rodgers in the market).” “It’s rough numbers but they still spent over £20 million in the summer. £20 million, and I’m sure most people would say, where’s the impact on the team because there hasn’t been much, but even with that £20 million, and that’s over the course of the season and not just the summer because they brought in Kuhn for just under £3 million in January…”
They have spent somewhat more than £20 million this season, yet it is barely half of what they have made via player sales. They operate at a profit, therefore their net expenditure is less than £20 million, and that’s before you include in the money they will have made.
“They have a substantial amount of money in addition to the over £70 million that is currently in the bank; I am aware of transfer fees.” The point is that, as we all know, the Champions League this season is saturated in cash, and this club has an absurd amount of money available to spend.
Celtic should have an exciting summer to look forward to
Celtic will break for the summer after this weekend’s Scottish Cup final, and fans will undoubtedly have an exciting summer ahead of them—just don’t say anything too soon, though.
Though it’s possible that one or two unexpected player sales will occur, Parkhead’s business strategy is to cultivate talent and then sell it for a significant profit, so this is not likely to alter very soon.
In any case, there may be some extremely interesting arrivals before 2024–2025 if Rodgers gets what he wants.