Celtic FC Summer Transfer Window 2024 Analysis: Strategies, Needs, Areas for Improvement and Financial Capabilities
Performance and Areas for Improvement
Celtic FC had an outstanding 2023/24 season. They won the Premiership with a strong record of 22 wins, 5 draws, and only 3 losses. They also lifted the Scottish Cup but exited the League Cup in the second round and struggled in the Champions League group stage. Key players like Matt O’Riley and Kyogo Furuhashi were crucial, with O’Riley being the top league scorer for Celtic (18 goals) and both players scoring 19 goals each in all competitions.
Despite their domestic success Celtic faced challenges in Europe especially against top-tier teams. Manager Brendan Rodgers identified four areas needing improvement to compete better in the Champions League: quality in play, fighting spirit, running efficiency, and player development.
Transfer Strategy
Celtic’s transfer strategy is focused on both immediate success and long-term growth. They are looking to bring in young talent and experienced players to strengthen their squad. This approach aligns with their short-term goal of maintaining domestic dominance and their long-term goal of becoming more competitive in European competitions.
Brendan Rodgers is keen on signing players who can immediately impact the team and those who can be developed into key players in the future. This balanced strategy ensures that The Bhoys remain strong now while building a solid foundation for the years to come.
Squad Needs and Areas for Improvement
Defense
Celtic’s defense needs reinforcement to handle the pressures of European football. Adding depth and quality in central defense and full-back positions is crucial. This will help them manage injuries and rotations better.
Midfield
While the midfield performed well domestically, it needs more creativity and resilience for European challenges. Bringing in a versatile midfielder who can control the game’s tempo and provide solid defensive cover is essential.
Attack
The attack has been strong, but Celtic could benefit from another reliable forward to support Kyogo Furuhashi. This would ensure that they have enough firepower to break down tough defenses in Europe.
Bench Depth
Improving the overall squad depth is vital. Ensuring that substitutes are of high quality will allow Celtic to maintain their performance levels even when rotating the squad or dealing with injuries.
Potential Signings
Matt O’Riley
Matt O’Riley has been a standout performer for Celtic, and his future is one of the most talked-about topics this summer. The 23-year-old midfielder had a stellar season, winning multiple awards including Player of the Year. Despite interest from top clubs like Inter Milan and Atlético Madrid, Celtic supporters are hopeful he will stay. If The Celts can keep him, O’Riley will continue to be a pivotal player in the midfield, contributing both goals and assists.
Peter Vindahl Jensen
Peter Vindahl Jensen is a prime target for Celtic as they look to replace the retiring Joe Hart. The 26-year-old goalkeeper had an impressive loan spell at Sparta Prague, where he helped them win the Czech League and Cup double. Known for his shot-stopping abilities and commanding presence in the box, Vindahl Jensen would be a solid addition to Celtic’s defense, providing reliability and experience between the posts.
Flavius Daniliuc
Celtic is eyeing Flavius Daniliuc to bolster their defensive line. The 23-year-old defender has shown great potential during his time with Nice and Salernitana. The Austrian center-back is currently on loan at Red Bull Salzburg with an option to buy. Daniliuc’s versatility and physical presence make him an attractive prospect for Celtic. His addition would strengthen the backline, providing more options and depth in defense.
Mathias Kvistgaarden
Mathias Kvistgaarden has been on Celtic’s radar for some time, and the 22-year-old forward could be a key signing this summer. The Brøndby striker has been linked with The Bhoys since last year, and his goal-scoring ability would be a valuable asset. With two previous bids reportedly lodged, Celtic’s persistent interest suggests they see Kvistgaarden as a player who can add depth and competition to their attacking options.
Adam Idah
Adam Idah has already made a mark at Celtic during his loan spell from Norwich City. The 23-year-old forward impressed with his performances, including a crucial late goal against Rangers. His physicality, pace, and finishing skills have won over fans and pundits alike. Making his move permanent would solidify Celtic’s attack and provide Brendan Rodgers with a reliable striker who has already proven he can perform under pressure.
Financial Capabilities
Celtic’s financial position is strong, thanks to their success on and off the pitch. The club’s revenue increased significantly, reaching £119.9 million by June 2023, aided by Champions League participation, merchandise sales, and an Australian tour.ani
They reported a pre-tax profit of £40.7 million, with significant gains from player sales like Jota’s transfer to Al-Ittihad for €25 million. This financial strength allows Celtic to invest in new players while maintaining stability.
The Celts’ smart financial management, including maintaining robust cash reserves, ensures they are well-positioned to handle transfer dues and invest in future projects like the redevelopment of the Barrowfield training facility. This strategic approach helps Celtic remain competitive and secure long-term growth.