They have been boasting of cash in the bank but how is Celtic majority shareholder Dermot Desmond said to stack up when against some sporting giants?
The Premier League south of the border has changed the football landscape financially, with bargains in the transfer market precious gems. Celtic boasted in their interim report of £32m trading profit, £85.2m in revenue and profit before taxation of £30.3m.
In research conducted during 2023, owners of football clubs and American franchises across American football, basketball, ice hockey and baseball were ranked in dollars, in terms of wealth. It is a list predominantly made up of a who's-who of the biggest sports franchises in the world, with Man United, Chelsea, Arsenal and a certain basketball icon featuring. The Celtic owner earns a spot in this top 92.
Hoops fans have been desperate to see the club spend more in the transfer market, with Brendan Rodgers getting to do, Arne Engels and Adam Idah coming in at over a combined deal price of £20m. So, looking at some recent figures, how has the Parkhead powerbroker approximately compared in relation to some of the game's wealthiest?
Steve Ballmer of the Los Angeles Clippers is in first with a mind boggling $99,200,000,000. Desmond doesn’t have that amount but he does pack a hefty $2,200,000,000 in 88th. That’s more than Kansas City Chiefs’ Clark Hunt, Basketball icon Michael Jordan and Marc Lasry of the Milwaukee Bucks. It shows the financial might Celtic have behind them.

81. Guochuan Lai (West Brom)
$2,800,000,000 | Getty Images

82. Glen Taylor (Minnesota Timberwolves, Minnesota Lynx)
$2,700,000,000 | Getty Images

83. Ray Davis (Texas Rangers)
$2,500,000,000 | Getty Images

84. Kyril Louis-Dreyfus ($2,446,000,000)
Getty Images

