After a confirmed transaction, Celtic have a “enormous” edge over Rangers – Borson

After a confirmed transaction, Celtic have a “enormous” edge over Rangers – Borson

Finance expert Stefan Borson believes that qualifying for the premier club competition in European football each season accounts for a “massive” portion of Celtic’s revenue. Brendan Rodgers’ team qualified for the Champions League after winning the Scottish Premiership the previous season, but Rangers were defeated by Dynamo Kyiv of Ukraine in the third qualifying round, so they had to settle for a spot in the Europa League. Additionally, Celtic’s profits increased when O’Riley moved to Brighton for an initial £25 million, with possible add-ons bringing the deal to approximately £30 million..

 

Following the Matt O’Riley trade, Celtic are in a solid financial position.

Borson said that the Glasgow giants will have a solid financial situation this season thanks to money and the income from the Champions League.

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