"A decline can be traced back to the high point of the performance arc under Rodgers, away to Bayern Munich on 18 February. Seconds away from a first win on German soil, and on the brink of extra time in the Allianz Arena. Despite Alphonso Davies' last-gasp, heart-breaking equaliser, it was clear Celtic had delivered on a pre-season promise of progress and respectability in the Champions League. Fast-forward six months to the calamity of Kairat Almaty and failure to qualify for Europe's premier competition."
""Celtic's statement does seem a little bit disingenuous," said Kieran Maguire, author of The Price of Football. "Uefa rules allow clubs to spend 70% of their revenues on player wages. Celtic currently spend around 53%. "Uefa rules also allow you to take into consideration player sale profits and add those to revenue, so Celtic have an awful lot of headroom should they chose to spend more in terms of player recruitment and retention. "I'm a little bit confused as to the nature and the timing of the statement.""
Celtic have enjoyed domestic dominance while traditional rivals remain without a league win and low in the table. Sections of the support are unhappy after a dismal transfer window, absence from Champions League football, and manager Brendan Rodgers publicly calling for a "cowardly" club insider to leave. An away fan protest is planned for the Kilmarnock match. The decline is traced from a February high at Bayern Munich to failure against Kairat Almaty six months later. The board defended recruitment on financial-discipline grounds, while Kieran Maguire argued UEFA rules and club finances leave headroom for greater spending.
Read at www.bbc.com
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