Celtic facing £72m gulf with Feyenoord as nine figure squad value dwarfed by Champions League rivals
Celtic have been shown the full scope of the financial power their Champions League rivals hold over them as a new study reveals the value of each top table squad.
Europe's elite domestic competition kicks off on Tuesday for season 23/24 and Brendan Rodgers' side are on their travels to De Kuip for a Group E opener against Feyenoord. They also have Atletico Madrid and Lazio to overcome in this section if they are to reach the last 16 for the first time since Neil Lennon's first stint as boss but there is a clear valuation disparity.
The Premiership champions hold a hefty budget in comparison to almost all their domestic rivals but the tables are turned in Europe. A report from SportingPedia looks at the market values of each participating team and analyses their respective shares of the group’s total value, with Celtic's quartet holding the lowest overall total out of the eight sections.
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For context, €1,053m (£907m) is less than Man City's squad total of €1180 (£1b). The highest valued team in Group E – which has the lowest value of all the groups – is Atletico Madrid with a total of €442m (£380m). The Spanish club holds 42 per cent of the group’s combined value, while Celtic contribute just 11.5 per cent at €121.25m (£104m).
Lazio come in second on €284.58m (£245m) and Tuesday's opponents Feyenoord are third with €204.73m (£176m). That's a difference of £72m alone when it comes from fourth to third in Group E's financial table. And £276m between top and bottom.
Only four teams in the competition come in with a lower total than Celtic – FC Copenhagen, Young Boys, Shakhtar and Royal Antwerp. It leaves Rodgers' side