“It’s not true,” Jordan has rejects Celtic’s UEFA claim

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The Celtic Star

·10 de setembro de 2025

“It’s not true,” Jordan has rejects Celtic’s UEFA claim

Former Crystal Palace owner Simon Jordan has rejected the idea that Celtic might have faced trouble with UEFA if they had chosen to spend heavily in the summer…

Peter Lawwell, Michael Nicholson and Chris McKay watch on during the Scottish Gas Scottish Cup Quarter-Final match between Celtic and Hibernian at Celtic Park on March 09, 2025. (Photo by Ian MacNicol/Getty Images)

Faced with anger from supporters and growing discontent across the fan base, Celtic issued a disingenuous and patronising statement on Saturday trying to address concerns over their shambolic transfer activity before the window shut last Monday.

Vídeos OneFootball

Celtic spent roughly £13.6 million on new signings over the summer while bringing in around £30 million from player sales and the sell-on-clauses for Jeremie Frimpong and Ben Doak.

theRangers v Celtic,31 August 2025. Photo Vagelis Georgariou (The Celtic Star)

In their statement, the nameless executives – who briefed against the manager in The Scottish Sun third-hand on Saturday morning – highlighted UEFA’s Financial Sustainability Regulations, stressing the need to remain aligned with their self-sustaining model.

Jordan, however, questioned the logic, like the rest of us, after crunching the numbers himself.

Simon Jordan debunking the UEFA’s Financial Sustainability Regulations excuse made by our incompetent board.
– segunda-feira, 8 de setembro de 2025

Teams competing in UEFA tournaments are restricted to using no more than 70 percent of their income on expenses such as salaries, transfer fees, and agent commission.

Over a three-year review period, clubs are allowed to outspend their income by up to €5 million, while the cap on acceptable losses has been increased from €30 million to €60 million.

Brendan Rodgers during the Premier League match between Celtic and Livingston at Celtic Park on August 23, 2025. (Photo by Ian MacNicol/Getty Images)

Celtic’s most recent financial report showed revenues of £83.5 million and a profit of £43.9 million.

Either way, it’s hard to grasp whether it’s more troubling that the Celtic board do not understand UEFA’s FSR, or that they are simply misrepresenting them as a reason for not spending.

Now, ex-Palace owner Simon Jordan agrees. Speaking on TalkSport, he said: “The challenges I have with their statement is that they’re making UEFA’s governing rules part of the reason they can’t do certain things.”

“Well, Celtic made £35m and £11m profit the previous season so the £60m losses they are allowed to have under UEFA sanctioning is irrelevant to this conversation.”

Jordan added: “So when they use the fact they’ve got to run their football sustainably – which I don’t suggest they shouldn’t – and when they suggest there’s certain restrictions on transfer fees and wages because of UEFA’s governance, they’re absolutely right. But what’s that got to do with Celtic’s position?”

“Celtic are nowhere near the challenge of UEFA. UEFA allows them to lose 60 million euros every three years. Celtic have made 44 million euros profit over the last two years which means there’s somewhere in the region of 110 million euros worth of difference – if not more – so I’m not entirely sure why they feel the need to wheel that in because it’s not true.”

Perhaps Celtic should clarify?

Here’s Swiss Ramble message on this matter courtesy of the RGC Celtic podcast chaps…

Here’s the text we kindly received from @SwissRamble in full as we’ve been asked if we could post it by a few of the lazy lads. 😀
– quarta-feira, 10 de setembro de 2025

Conor Spence

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Celtic in the Eighties by the late, great David Potter is out now on Celtic Star Books. Celtic in the Eighties is now available in the Celtic superstore and all other club shops. And don’t forget that you can still purchase your copy directly from Celticstarbooks.com for same day postage.