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Celtic: Journalist drops £40 million Hoops claim

Celtic: Journalist drops £40 million Hoops claim -Celtic News

The Athletic journalist Kieran Devlin has delivered his verdict on how the return of Champions League football could impact Celtic from next season and beyond.

The Lowdown: CL place on the line

The Hoops currently find themselves sitting at the top of the Scottish Premiership table, six points clear of rivals Rangers in second place with just three games left to play.

UEFA have recently announced that should Ange Postecoglou’s outfit be able to clinch the title, then they would automatically be entered into the Champions League group stage, but what effects could that have on the club in the long term?

The Latest: Positive impacts

In a Twitter post published by Devlin, he shared his article for The Athletic detailing how being back amongst Europe’s elite ‘might impact Celtic‘.

Indeed, if the Glasgow outfit successfully managed to secure a European place, then they could be set to receive ‘around £40 million income’ in total, which has the potential to ‘effectively reverse’ all of the club’s Covid losses.

The ‘biggest’ on-pitch benefit, he says, will be being able to retain key players with new contract offers/fending off interest this summer.

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The Verdict: Utilising transfer funds

There’s no doubt that if the Bhoys do get crowned Scottish champions and have the opportunity to compete on a world stage, there will always be more of a chance that clubs could start eyeing up some of their star players.

However, this isn’t necessarily a bad thing, because with the potential tasty sum that might be coming their way, they could utilise these funds to not only offer their current pivotal players more enticing deals in future, but also go out there and attract some of the biggest names in football to replace any departing stars.

Despite Celtic probably not being viewed as serious contenders to go out and win the Champions League altogether, it is definitely another opportunity for them to make a serious run at success under fan favourite Postecoglou.

In other news… a player’s agent has ripped into the Hoops following some new transfer rumours.

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Article title: Celtic: Journalist drops £40 million Hoops claim

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