If there’s one thing Celtic have done well the past decade, it’s bloating up the value of their players and selling for a fortune.
Forster, Van Dijk, Armstrong, Dembele, Tierney and Frimpong have all gone for absolute fortunes, a bag of cash close to £85M.
No denying it, they get good numbers for their players.
Which makes it even more remarkable to watch their fall, amidst a Rangers who have made all of £4-£6M in 9 years.
That’s right – the only players we’ve sold for more than £300,000 since 2012 are Josh Windass, who went for £1.5M and Barrie McKay for the same, Declan John to Cardiff for about £1M plus Lewis Macleod who went for about £800K
The rest have all been absurdly low amounts no more than a few hundred K.
In short, Rangers’ expenditure on transfers has not come from outgoing transfers, but from generated revenue from Europe and domestic prize funds, not to mention TV cash and of course investors/shares and fans.
Only in the past year have those revenue levels got serious – more and more big money being made in Europe and a couple of second places in the SPL means some millions have come in.
But on the scale of Celtic’s revenue it’s not been anywhere near it.
Amidst Celtic’s declines, their annual report recently detailed a big loss, although the sale of Frimpong will likely even that out.
But aside this? Celtic have made serious revenue through player sales and yet they still have an expensive squad.
Rangers just haven’t, and don’t.
Yet it’s us miles ahead everywhere.
Imagine how strong the club’s coffers will get when the inevitable days come that we look to sell lucrative assets in the future.
It’s looking bright.