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Celtic: Kieran Maguire hails Bhoys over exemplary financial model

Celtic: Kieran Maguire hails Bhoys over exemplary financial model - Celtic News

Football finance expert Kieran Maguire heaped praise on Celtic for the way they have been operating in such difficult times.

Maguire admires Celtic

The Bhoys have been the heartbeat of Scottish football for over a decade, although that could come to an end this season with Neil Lennon’s side 20 points behind arch-rivals Rangers in the table.

It was recently revealed that Celtic have allegedly slashed their asking price for star striker Odsonne Edouard, who has been heavily linked with a move away from Parkhead.

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Speaking to Football Insider, Maguire is impressed with Celtic’s strategy in the transfer market and believes that this is what has kept them on top for so long.

“Celtic have been successful financially away from the pitch in recent years, especially when they’ve qualified for the Champions League,” he said.

“Also because they’ve had a player trading model where they’ve sold around one player a year at a fairly high price.

“That’s allowed them to covert their day-to-day losses and convert that into a profit.

“From a strategic point of view, they’ve actually done pretty well. That’s partly why they’ve enjoyed such domination for so long.”

Transfer Tavern Verdict

While it might be impressive, it is not going to help Celtic be on top in the long run from here on out, especially in European competitions.

The Hoops haven’t reached the Last 16 of the Champions League since 2013 and have been consistently exiting the tournament in the Group Stage or even the Qualifying Rounds.

With sales of their best players over the years such as Virgil van Dijk, Celtic will continue to stagnate on the biggest stage if Edouard follows suit.

In other news, Steve Howey exclusively predicts when Neil Lennon will be sacked by Celtic.

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Article title: Celtic: Kieran Maguire hails Bhoys over exemplary financial model

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