Celtic Shorts
·3 October 2026
The Rangers overtake Celtic in squad value, fine now let’s count trophies

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·3 October 2026


Colby Donovan of Celtic vies with Djiedi Gassama of Rangers during the Scottish Premiership match between Celtic and Glasgow Rangers at Celtic Park on September 20, 2026. (Photo by Ian MacNicol/Getty Images)
The Scottish mainstream media, while ignoring the elephant in room surrounding the death of Rangers which has become topical due to the Manchester City scandal south of the border, have been making a lot out of the recent revelations that the latest Rangers squad has been considered to be of more financial value than that of Celtic.
At £132m, The Ibrox club have overtaken Celtic by nearly £19m as having the most valuable squad in Scotland after a 4.6% increase this summer, with Heart of Midlothian third at £22m after a 15.5% increase, but St Mirren have the biggest percentage increase at 18.6%, with Hibernian the biggest drop at 10% according to Transfermarkt.

Cameron Carter-Vickers of Celtic vies with Ryan Naderi of Rangers during the Scottish Premiership match between Celtic and the Rangers at Celtic Park on September 20, 2026. (Photo by Ian MacNicol/Getty Images)
Transfermarkt isn’t an official football body, just more of a platform that estimates the price tag of footballers, so not one that can be considered in anyway serious.
For example, the platform has the Rangers midfielder Nicolas Raskin rated at €15 million when the sobering truth is that not one single club would part with half that fee for the player over the summer transfer window, despite the Ibrox club offering his services to any club that was slightly interested.

13th September 2026; Ibrox; Scottish League Cup Football, Rangers versus Celtic; Haissem Hassan of Celtic. Photo Vagelis Georgariou
Once upon a time the same platform once valued Alfredo Morelos at €15 million, so we should take any of their ‘opinions’ with a large dose of salt. Imaginary transfer valuations aren’t how you gauge the success of a football club, you can only determine that by the amount of honours won by said club.

13th September 2026; Ibrox, Scottish League Cup Football, Rangers versus Celtic; Mika Baur of Celtic on the ball. Photo Vagelis Georgariou
In that time the rangers have won a treble of sorts – one league title in the covid season, one Scottish Cup and one League Cup. That’s their major honours hall dating all the way back to the days of their founding father Charles Green back in 2012, which brings us back to the Manchester City scandal.

Former Rangers chief executive Charles Green leaves court surrounded by police on September 2, 2015 in Glasgow, Scotland. Green was the chairman of Scottish football club Rangers from 2012 to 2013 and was arrested along with two others, Craig Whyte and David Whitehouse, on charges of fraudulently acquiring ownership of the club. (Photo by Jeff J Mitchell/Getty Images)
Presently as they have done for most of this century, Celtic has established themselves as the major force in Scottish football, with four out of the last six major domestic trophies having green and white ribbons wrapped upon them, whilst the Ibrox club have failed to win anything in that time.

13th September 2026; Ibrox, Scottish League Cup Football, Rangers versus Celtic; Cameron Carter Vickers of Celtic. Photo Vagelis Georgariou
The biggest majority of the present Celtic side have helped in that success, making them very much experienced in winning honours.
I think we can all agree that winning trophies carries more value than imaginary transfer fees calculated at a time when trophies are NOT handed out and on the back of Celtic losing three games on the bounce. It’s usually in the summer when we get these feel good stories when there are no football to be played.

9th September 2026; McDiarmid Park, Scottish Premiership St Johnstone versus Celtic; Mika Baur of Celtic celebrates with Kasper Hogh of Celtic after he shoots and scores in the 52nd minute to make it 1-0 to Celtic. Photo Vagelis Georgariou
Oh wait we are in a new situation at the moment when FIFA have determined that two international breaks should be combined into one meaning no domestic football for three weeks. So it’s like a mini-summer break – there’s the explanation right there.
It’s always the way that the Rangers are so much better when there’s no football to be played.
Normal service will resume next weekend.
Just an Ordinary Bhoy
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Celtic in the Fifties by Matt Corr, in two volumes, both published on 4th September 2026 by Celtic Star Books. Click on image to order.
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