Celtic, the Scottish Premiership club, suffered a calamitous Champions League exit, losing 5-1 to Lask, despite being 4 goals ahead on aggregate. Callum McGregor scored after 21 minutes, but it was not enough to save Celtic from a disastrous defeat. According to The Guardian Football, Celtic spent £23m on 4 new players before qualification, but it was not enough to secure a win. The exit could cost them £40m, a significant blow to their finances.
What went wrong for Celtic?
Celtic's manager, Martin O'Neill, said: "We should have been out of sight by half-time". However, Celtic's performance was not up to par, and they were unable to hold on to their lead. The team's grandees, including Chris Sutton, Kasper Schmeichel, and Stiliyan Petrov, will be disappointed with the result.
Impact on the team's finances
The £40m loss will be a significant blow to Celtic's finances, and it may impact their ability to sign new players in the future. The team's recent form has been good, with a current league standing of 1st in Premiership, 6 pts, 2W-0D-0L from 2 games, and a recent form of WW. However, this loss will be a setback for the team.
Looking ahead to the next fixture
Celtic will play Falkirk on Saturday, and they will need to bounce back from this defeat. The team can check their upcoming fixtures on our fixtures page. They will also need to assess their current squad, which can be found on our squad page, to see where they can improve. The team's stats, including their goal difference of +5, can be found on our stats page.
Current league standing
Celtic are currently 1st in Premiership, with 6 pts, 2W-0D-0L from 2 games, and a recent form of WW. They have scored 6 goals and conceded 1, with a goal difference of +5. Their next fixture is against Falkirk, who are currently 10th in the table. The current standings can be found on our standings page.
