Interim Rangers chairman John Gilligan admits theRangers are chasing Celtic. The concerning thing for Gilligan is that Celtic are gliding away…
On the park, Celtic are light years ahead of their rivals. Unbeaten in five Glasgow Derbies, you would have to go back to August 2021 the last time Rangers meaningfully beat Celtic in a league match. If you want to measure post 2016, Celtic have won a remarkable 19 domestic trophies out of a possible 24.
Celtic’s record breaking trophy haul
That includes five Trebles and two Double winning seasons. Should Celtic win the Scottish Premiership this season they would have won 13 out of the last 14 league titles. There is no sign of these record breaking trophy haul stopping any time soon.
Off the pitch it is equally as good for the Hoops. Last week, Celtic announced a record turnover for season 23/24 of £124.6m, with profit before taxation sitting at £17.8m. Celtic currently have £77m in cash reserves sitting in the bank. The financial disparity between the two sides is on a different stratosphere.
Not stupid enough to say otherwise
Gilligan told the press yesterday that, “sometimes we are ahead, sometimes Celtic are ahead. At the moment we are chasing. There is no argument there, I am not stupid enough to say otherwise.”
The gap will only get bigger. This comes as Champions League prize money increased this season. It is a realistic prospect that Celtic will reach the top 24 and play double digit games amongst Europe’s elite. Celtic are on course to bring in over £60m in Champions League revenue this season.
Despite spending £33m in the summer transfer window [an all time spend], Celtic made a profit. The initial £26m sale of Matt O’Riley to Brighton with a future £4m in add ons saw Celtic break the Scottish transfer record for a player sale.
Wrong to assume this time around it is cyclical
Gilligan is wrong to assume this time around it is cyclical. Maybe in the 1980s and 90s John, but not in present times. Recent history spells bad news for theRangers. What is their strategy? Hope Celtic have a similar season like they did in 20/21? That is not sustainable.
Celtic’s hierarchy learned from their complacency and wrongdoings after the COVID season. theRangers stood still, then regressed. For now, it looks like there is no way back, certainly in the short-term.
It is a kind of Catch 22
Gilligan added, “player trading is the biggest success and qualification for the Champions League. It is a kind of Catch 22 – player trading gets you income, Champions League gets you income. When you fail to get it it is difficult because Scottish football’s level of support, TV, sponsorship, you just can’t compare it to England’s. So, it is always a challenge, of course.”
Celtic have mastered player-trading
The issue for theRangers is that Celtic have mastered player-trading. Celtic have assets all over the pitch. Success in the Champions League this season will further inflate players value. It also means that Celtic can move on from the £1-2m bracket players to the £7-8m more ambitious signings. Guarantee players permanent Champions League, exposure on TV against the world’s best which can result in a money spinning move to the English Premier League. Repeat. There are too many examples to list off but that is how Celtic operate.
The Hoops are dominating domestically
The Hoops are dominating domestically, in Europe the tide seems to be turning. The gap on and off the pitch after this season will only significantly increase again. Long may it continue.
Conor Spence
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🗣️ Clement backed as talks revealedThe key details as Rangers interim chairman John Gilligan faced the media ⤵️ pic.twitter.com/XeN98jGaEv
— Sky Sports Scotland (@ScotlandSky) September 23, 2024
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Rangers’ interim chairman John Gilligan’s been speaking for the first time since taking over the role, insisting things will improve ⬇️ pic.twitter.com/SS449w5Rjy
— Sky Sports Scotland (@ScotlandSky) September 23, 2024
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