One major change as Nicholson and Lawwell prepare to celebrate Interim Accounts

Nineteen days into February Celtic shareholders are still waiting on the interim results showing the financial performances of the club up until December 31.

Starting the 23/24 season with £72m doing nothing for the club stashed away in the bank the position at the end of 2023 is likely to reveal that there was around £100m on the Balance Sheet while performances were sliding away on the park.

The January 2024 Transfer Window confirmed once again that building up funds in the bank takes priority over investing in football players for the PLC.

In all but one of the last dozen years the Interim Results have been accompanied by self congratulations with mention that the team is sitting in first place in the SPFL Premiership- but that changed yesterday.

Whatever the multiple failings of the CEO and his mentor the club Chairman, being in top place in Scotland has always been enough to satisfy most supporters.

Being two points behind with 10 points chucked away since the start of December puts the record breaking finances in a different light.

After investing £3m a year in a manager straight from the EPL he appears to have been handicapped by a ludicrous signing policy with a £3m cap and only players 24 or under being brought to the club.

How Rodgers got duped into this scenario is a mystery, just like his reasoning for standing up at the AGM and claiming that he had the final say on signing players.

With a squad heaving with mediocre players on long term lucrative contracts the bank balance looks like taking a serious hit over the next 12 months although the sale of Matt O’Riley will certainly spark more celebrations in the boardroom.

Finding a manager willing to pick up the pieces and take the blame for the flawed signing policy is going to be a huge task.

Unless they land lucky by ‘discovering’ another Ange Postecoglou after a 106 days search it looks like the focus of supporters will be on Peter Lawwell, as Saturday demonstrated there is virtually no sympathy or support for long term CEO or his protege that is now picking up £700,000 a year plus bonuses.

Who is mainly to blame for Celtic's disastrous season?

Chairman- The decline started with his appointment

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Manager- Not the same guy, weak and more powerless

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Recruitment- you can't get over four disastrous transfer windows

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