Rangers: Celtic financial announcement deemed irrelevant amid Champions League chase
Mail Plus journalist Stephen McGowan has issued a Rangers admission as Celtic made an announcement of their impressive financial figures.
On 23 February, the Hoops announced they have £67million in the bank and have made a mammoth profit of £32million before tax in their interim PLC report for the six months to December 2023.
However, despite those numbers, they find themselves playing catch up to their arch rivals in the league.
Via Twitter, McGowan wrote: “All those zeroes on the end of Celtic’s bulging bank balance serve no purpose if Rangers go on to win the league and secure a Champions League bounty.”
Rangers ahead of Celtic in the real standings
McGowan’s statement highlights a crucial truth for Celtic amidst their impressive financial figures that success on the pitch ultimately outweighs financial prowess.
While Celtic boast a significant bank balance and hefty profits, their position in the league standings and their ability to secure Champions League qualification are what truly matter.
Despite their financial strength, if their arch-rivals continue to outperform them and clinch the league title, it would diminish the significance of Celtic’s financial achievements.
Celtic’s priority should be focused on their on-field performances and securing results that propel them towards their sporting objectives.
Being in a position of having to play catch up to Gers underscores the importance of consistent and effective performances throughout the season.
Ultimately, it’s the success in competitions and securing lucrative opportunities like Champions League qualification that will truly validate Celtic’s financial stability and strengthen their standing in the football world.
In other Rangers news, a disgraceful video clip of Michael Beale at Sunderland shows why Gers are much better now.
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