Kieran Maguire reveals £10m Celtic advantage over Rangers after fan outrage

Celtic are “underperforming” this season as they boast a £10million advantage over arch-rivals Rangers when it comes to total squad cost.

 

That is the view of finance expert Kieran Maguire, who exclusively told Football Insider that Celtic also spend more on their wage bill compared to their Glasgow rivals.

 

Brendan Rodgers’ side have been leapfrogged by their rivals in the league table with Rangers now two points clear at the top.

 

Celtic fans on social media are unhappy with club chairman Peter Lawwell for his comments about a lack of transfer activity in the recent annual general meeting, with some supporters calling him a ‘blatant liar’

 

Celtic announced a profit of £40million in their 2022-23 accounts with £67million in the bank, but Lawwell insisted that transfer targets were not available in the January transfer window.

 

Maguire argued that Celtic’s issues this season are not financial as they already boast a huge advantage over other Scottish clubs.

 

Celtic are “underperforming” as £10m advantage over Rangers revealed

“There is an argument for Celtic to invest more if they are behind Rangers in the table,” Maguire told Football Insider’s Sean Fisher.

 

“They have always operated very prudently and if we take a look at the 2022-23 season, they had over 50 percent of the total cost of all squads in the Scottish Premiership.

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“Now if they can’t win the league when they have that financial advantage and they’re generating more money than their rivals then I think things are not necessarily wrong from a financial point of view.

 

Either Celtic are underperforming or Rangers are over-performing in order for that to be the case.

 

 

 

Celtic are financially ahead of Rangers and therefore that should give them an advantage because we know that in terms of wages, their wage bill is 20 percent more than Rangers.

 

“Their squad cost is also £10million more than Rangers, which is a lot of money in the Scottish market.“

 

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