Champions League

Celtic Secures Stunning £75m Windfall as Rangers Left in the Dust!

01/11/2024 Raymond 0

Celtic currently holds over £75 million more in cash reserves compared to Rangers, underscoring the widening financial gap between the two Old Firm rivals. Recent financial disclosures revealed that Rangers have a cash balance of £1.7 million at Ibrox, with their core revenue rising to a record £88.3 million. However, this pales in comparison to Celtic’s impressive revenue of £124.6 million for the year.

While Rangers reported a net loss of £17.2 million, Celtic posted a healthy profit of £13.3 million. Both clubs faced challenges in the transfer market, with Rangers experiencing an £8 million loss on player transactions, while Celtic recorded a £4.9 million deficit. Despite cost-cutting measures leading to a reduced wage bill at Rangers, Celtic increased theirs by £4.8 million to a total of £65.6 million.

As Celtic celebrated success in the Scottish Premiership and Scottish Cup, Rangers struggled under Philippe Clement, who failed to secure a Champions League spot after their defeat in the qualifying rounds. The chances of a Champions League return for Rangers appear slim, as they currently sit nine points behind Celtic and Aberdeen in the league standings.

Scott McKenna lands Celtic transfer pitch as free agent breaks silence on next move

02/08/2024 Raymond 0

Scott McKenna, currently out of contract, is actively searching for a new club and has been deemed “worthy of a Celtic shirt” by former Parkhead hero Andy Walker. The Scotland defender is on the move after his contract with Nottingham Forest ended. Over the summer, McKenna returned from Euro 2024 and is exploring his options. Last season, the 27-year-old gained valuable experience while on loan to FC Copenhagen, where he faced Manchester City in the Champions League’s last 16. Walker believes that McKenna could be an ideal partner for Cameron Carter-Vickers in the upcoming Scottish Premiership season, highlighting the need for a new centre-back as a critical part of Brendan Rodgers’ recruitment strategy.

Walker expressed his thoughts on the Go Radio Football Show, saying, “Scott McKenna is out there. He is free, he has Champions League experience and plays for Scotland. I think he is a decent player and would be worthy of a Celtic jersey and I think he would improve Celtic defensively. But I’m sure they have a lot of players on their radar.” Despite the uncertainty, McKenna remains confident about finding a new club. He shared with the Press and Journal, “It is the first time I have been in this situation. It is a bit strange. You are training yourself and trying to keep fit when other teams are back on pre-season. The season will start for different leagues in the next week or two. I just need to trust the process and I’m sure something will come up in the next few weeks.”