Peter Lawwell Celtic statement slammed as Chris Sutton explains why words don’t stand up.

Peter Lawwell admitted that Celtic fans share their frustrations. However, his statement does not sit well with Chris Sutton.

The Hoops released their much-anticipated half-term financial report yesterday, and as expected, it revealed that they have a large chunk of money in the bank – £67 million to be exact – and that their revenue has increased to £85 million. All it has done is fanned the flames of supporters who have long chastised the club for not spending enough of its revenue.

They believe it is now reflected on the pitch, with recent stutters allowing Rangers to lead the league after falling seven points behind months ago. The January arrivals of Nicolas Kuhn and Adam Idah do not appear to have improved the squad or XI, following a disappointing summer window where most players failed to impress.

Chairman Lawwell expressed concern with the absence of good transfer activity and emphasized the board’s commitment to strengthening the squad.

Celts hero Sutton is skeptical of his claims, especially about market failures.

In his Daily Record article, he stated that Celtic’s interim report left Peter Lawwell with no options. He knew it, everyone knew it, and he basically accepted it, but a few of his statements fell flat for me.

“I’ll be honest, I don’t think there were enough good answers to crucial questions. The main disappointment has been the failure to add to the squad. Collective responsibility was accepted, but nothing changed, and the big issue remains: why were these mistakes made? Who’s to blame? If monies were available, there is guilt somewhere, and while they would never admit it, that is the idea, leaving Celtic exposed to criticism and suspicion.

“The identified targets were unavailable. Identify more or some alternatives. Because, very simply, are you telling me that there was no better left-back available to cover Greg Taylor than Alexandro Bernabei? Come on. Also, I’m not sure what Celtic has to do with England’s lowest transfer activity in ten years. Regardless of what happened in England, given Brendan Rodgers’ comments about needing to be more brave in the market, would they have spent large to buy from the Premier League down south anyway?

“In any case, what about the summer that actually meant to Celtic? Odin Thiago Holm barely kicked the ball; Marco Tillo is gone. Kwon’s gone; Hyun-jun Yang, project; Gustaf Lagerbielke, informed he might have gone in January; Maik Nawrocki, now behind Stephen Welsh in the queue; Luis Palma, performed well but has faded and has to become fitter; Nat Phillips has come and gone, while Paulo Bernardo took his time getting going and eventually lost his place in the team.

“The reason Celtic were scrambling in January is because of those mistakes last summer and the two arrivals Nicolas Kuhn and Adam Idah aren’t automatic starters, which says it all.”

He’s also chastised the chairman for comments regarding European competitiveness, saying: “But, like the transfer discussion, the European statements perplexed me. The chairman’s statement said taking comfort from a lot of good performances that will benefit our squad.

“How does finishing in the bottom of a soft group benefit a squad? Am I missing something? This season’s Champions League was a missed chance that, I believe, would have caused more harm than good.

“In terms of an exciting new model in European football, Celtic fans are concerned that their club, with cash in the attic, would have their automatic spot in next season’s big competition jeopardized from a position of strength. I don’t believe there was enough in there to satisfy a support base that is deeply angry with the events of the last few months.”

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