Although the team had a busy summer, several transfer agreements did not make it into the annual reports.Although the team had a busy summer, several transfer agreements did not make it into the annual reports.
Champions of the Premier League Celtic claimed to have a staggering £77 million in cash in their most recent financial report, but the real amount is probably much higher.
The results from June 30, 2024, demonstrated the complete benefits of participating in the Champions League and the Hoops’ domination in the domestic scene. Brendan Rodgers’ team won both the league and the Scottish Cup in the previous season. However, other sales that occurred during a busy summer window have not been included in the list. The statistics show that £2 million was banked for Sead Haksabanovic before he went for Malmo; nevertheless, a number of huge agreements are not included in the payout.
Oh Hyeon-gyu left for Genk soon after the Montenegro international, however the £4.5 million the team paid to acquire him will be added to the total for the next season. The departure of academy graduates Daniel Kelly (£400k), Rocco Vata (£237k), and Bosun Lawal (£3m) all contributed to an increase in Parkhead’s finances last summer.
However, the window’s biggest sale was the record £26 million they received for Matt O’Riley, who joined Brighton; Mikey Johnston, on the other hand, left on deadline day to sign a £3 million contract with West Brom. In the last stages of the transfer window, Tomoki Iwata also left the team, paying an undisclosed price to join Birmingham City. Additionally, the modest fees paid for players like Benjamin Siegrist and Yuki Kobayashi increased Celtic Park’s revenue once more.
The Parkhead board wasn’t afraid to spend big money, and several newcomers also signed documents after it was too late to be reflected in the books. Kasper Schmeichel, a goalkeeper, was acquired for free, and Aston Villa’s backup Viljami Sinisalo cost £1 million.
Paulo Bernardo (£4.5 million) and Adam Idah (£9 million), the loanees, finalize their respective permanent loan agreements with Benfica and Norwich City. Celtic held off on making significant financial acquisitions until deadline day, when defender Auston Trusty arrived from Sheffield United for £5.5 million and Arne Engels arrived for £11 million, shattering the Parkhead transfer record. Luke McCowan signed a £1 million contract with Dundee to round off his summer spending binge.
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