Look, let’s be honest here. Celtic’s finances are in a very good place because we have a board that have got great business sense, supporters that back the club season in and season out and a transfer policy that has helped pumped millions into the Parkhead coffers for the last two decades.
For years we have made the buy low sell high policy work for us and whilst there were some deals that did eventually cost us money, by and large, this policy has and continues to serve the club well.
But the transfer policy doesn’t stop benefitting us once the player ups sticks and leaves.
We have the foresight to add a sell-on clause which will help benefit us with some free cash should the player move on again.
And Arsenal could be about to add to our transfer funds if reports are to be believed that Kieran Tierney may well leave the club due to lack of first team football and also if Dean Jones’ claim [GiveMeSport] that The Gunners are interested in bringing Jeremie Frimpong to the Emirates.
Celtic hold a sell on clause on both these players and whilst the exact percentage is not known the amount of money that could be garnered by the club could be very significant.
Let’s say the club hold a 10% stake in both, Tierney is being mooted for a £30m move to Newcastle [Daily Record] and Frimpong has already been linked to Manchester United for a £50m move [Manchester Evening News] if Arsenal match that kind of money, Mikel Arteta will be sending a cheque to Glasgow’s east end for a minimum of £8m.
We have seen what Ange can do with that kind of money and whilst we are in no desperate need for cash, free money is the best kind.