Rangers: Celtic financial announcement deemed irrelevant amid Champions League chase.
As Celtic announced their fantastic financial results, Mail Plus columnist Stephen McGowan made an acknowledgment on behalf of Rangers.
In their interim PLC report for the six months to December 2023, the Hoops reported a profit of £32 million before tax and a bank balance of £67 million.
Despite these stats, they are still playing catch-up with their league competitors.
Through a post on Twitter, McGowan said: “All those zeroes on the end of Celtic’s bulging bank balance serve no purpose if Rangers go on to win the league and secure a Champions League bounty.”
Rangers lead Celtic in the actual standings.
McGowan’s statement emphasizes a critical truth for Celtic amid their great financial figures: on-field achievement eventually trumps financial prowess.
Celtic’s success in the league and potential for Champions League qualification are more important than their financial resources.
Regardless of their financial strength, if their arch-rivals continue to exceed them and win the league title, Celtic’s financial successes will be less significant.
Celtic’s emphasis should be to improve their on-field performance and achieve outcomes that will move them towards their sports goals.
Being in a position to catch up to the Gers emphasizes the significance of regular and successful performances throughout the season.
Finally, winning championships and securing rich prospects such as Champions League qualification will genuinely legitimize Celtic’s financial stability and boost their position in the football world.
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