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Ben Hayes - Charlton Athletic programme

Should Celtic have splashed out?

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Would Celtic have avoided an early exit from the Champions League, and a failure to get a consolation place in the Europa League, if they had spent more on transfers?   Possibly, but an alternative view is that they have followed a prudent policy of living within their means.

A more fundamental question is how far a team can develop commercially and on the pitch within Scottish football.  But that is a question that has been asked for a long time and has never found an answer.

Competition

Celtic no longer have the domestic competition, so why not live within your means. CL is guaranteed every year.