Celtic
Michael Nicholson orchestrates Celtic’s remarkable financial strategy, with the chief being advised that he ought to assume the role of Chancellor following an impressive achievement of £42 million.
Michael Nicholson orchestrates Celtic’s remarkable financial strategy, with the chief being advised that he ought to assume the role of Chancellor following an impressive achievement of £42 million.
Should Michael Nicholson successfully execute the most remarkable transfer in the history of transfers this month, he ought to consider departing from Celtic to pursue a career in politics.
Hugh Keevins expresses astonishment at what he describes as the ‘irrational economics’ surrounding Celtic’s decision to sell Jota and Kieran Tierney for a total of £50 million, only to subsequently reacquire them for a fraction of that amount.
January at Parkhead had been relatively tranquil; however, those anticipating a lacklustre conclusion to the transfer window have been roused by a surge of activity akin to a double dose of espresso in recent days. Following their victory against Young Boys, it was reported that Kyogo is on the cusp of a £10 million transfer to Rennes, while Jota is anticipated to return in the opposite direction.
Discussions with Tierney and Arsenal are advancing positively, with both the Scottish international and Jota poised for potential returns to Parkhead within this month. Any potential agreement concerning Tierney is expected to involve a loan arrangement for the final six months of his contract, culminating in a free transfer during the summer.
Initially, it was believed that Jota’s return would also occur through a preliminary six-month loan; however, it now seems that the intention is to acquire him outright for a fee estimated at approximately £8 million.
Should such a scenario occur, it would imply that Celtic transferred the two players for a total of £50 million—specifically, Tierney for £25 million in 2019 and Jota for a comparable amount 18 months prior—only to subsequently reacquire them for a mere £8 million in total at a later date. This results in a profit of £42 million from the transfer of two athletes, only for them to ultimately return to Parkhead.
The announcement coincides with Celtic’s intention to acquire a new striker to succeed Kyogo and to compete with Adam Idah for the starting position. At this juncture, it remains uncertain who will ultimately assume the role; however, Mathias Kvistgaarden appears to be one of the leading candidates.
He has recently articulated his thoughts regarding his future at Brøndby. It is our understanding that they have established their asking price at £13.5 million, which indicates that any acquisition of the Denmark U21 talent would likely necessitate a club record fee, or a sum very near to it, from Celtic.
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