EXCLUSIVE: Celtic Owner’s Rank Among TOP 92 Richest Sports Owners EXPOSES Celtic’s Dependence on MONEY POWER To Rule the Scottish League as Against Ranger’s….

Celtic Owner Dermot Desmond Ranked Among Top 92 Richest Sports Owners

Celtic majority shareholder Dermot Desmond has been ranked among the top 92 richest sports owners in the world, according to recent research.

Desmond’s wealth places him alongside esteemed company, including Manchester United, Chelsea, Arsenal, and basketball legend Michael Jordan. The research, conducted in 2023, evaluated the wealth of football clubs and American franchises across various sports.

Celtic’s financial stability was highlighted in their interim report, boasting a £32m trading profit, £85.2m in revenue, and profit before taxation of £30.3m. However, fans have been urging the club to invest more in the transfer market.

Recent signings, including Brendan Rodgers, Arne Engels, and Adam Idah, totaling over £20m, have somewhat alleviated concerns. Still, comparisons to other wealthy sports franchises raise questions about Celtic’s spending power.

Desmond’s ranking underscores Celtic’s financial standing among the global sports elite. The Parkhead powerbroker’s wealth is substantial, but how does it compare to the likes of Manchester United and other Premier League giants?

Key Points:

• Celtic owner Dermot Desmond ranked among top 92 richest sports owners.
• Research conducted in 2023 evaluates wealth of football clubs and American franchises.
• Celtic’s interim report highlights financial stability with £32m trading profit.
• Fans urge increased transfer market spending despite recent signings.
• Desmond’s ranking places Celtic among global sports elite.