Global report shows what’s happened to Celtic’s squad value since the 2024 summer transfer window

Add as preferred source on Google

Celtic’s summer transfer business over the last three seasons has come under serious scrutiny.

The Celtic board stand accused of not investing enough money into the Hoops first team after selling off the likes of Kyogo in January and Adam Idah and Nicolas Kuhn this summer.

Failure to re-invest into the Celtic first team saw the Hoops make an early Champions League exit at the hands of Kairat Almaty.

However, when money is properly spent on the team, success both on and off the park shows as Celtic went toe-to-toe with Europe’s best clubs in the Champions League last season and won a league and cup double.

Celtic spent close to £30m in the summer of 2024 and here is how the squad’s value looks now over a year later.

• READ MORE: What the Danish media said as Celtic hero Kasper Schmeichel ‘lost his temper’ in Denmark vs Greece win

Celtic’s squad value increases since the summer of 2024

The CIES Football Observatory has released its weekly report on clubs whose squad values have increased since the end of the 2024 summer transfer window.

The report takes in two values, the ‘Gross Evolution’ of the squad which shows the total change in estimated value of Celtic’s squad without taking into account money spent or earned in selling.

And then there is the ‘Net Evolution’ which accounts for the clubs’ transfer activity (money spent on new players minus money earned from selling players, including “sell-on” fees but not “add-ons”). It shows the value change after balancing these financial moves.

Based on those values, Celtic’s net squad value increased by €29m [£25.23m] and the gross value of the squad also increased by €5m [£4.35m] after Celtic’s net spend was €24m [£20.88m].

Four huge clubs Celtic’s squad value increased more than

Celtic’s squad value increase was bettered by the likes of Rosenberg, Royal Antwerp and West Brom. Clubs who are nowhere near the stature and size of the Parkhead club.

However, Celtic’s overall squad value increased more than the likes of PSV, Athletic Club, Santos and Inter Milan.

Whilst this only helps Celtic’s balance sheet in the long term, squad value means nothing in terms of what the fans are seeing on the park and, for the most part, they are not very happy.