Celtic defend not 'throwing money' around on deals
Briefly

Celtic defend not 'throwing money' around on deals
"The Scottish Premiership champions made that affirmation in a statement, external released late on Saturday, which followed "constructive" meetings with supporters' groups the previous day. It was the club's first public missive since the transfer window closed five days ago - a window in which the Scottish Premiership champions signed 12 players. Three of the most notable arrivals - Sebastian Tounekti, Michel-Ange Balikwisha and Kelechi Iheanacho - came after the club's Champions League qualification exit at the hands of Kazakhstan's Kairat Almaty."
"The club takes supporters' views "extremely seriously", "understands the concerns and frustrations" and are "always willing to learn lessons" "Inaccurate or misleading information" has led to fans demanding clarity They "must adhere to our self-sustaining model" to preserve the future of the club and also to comply with Uefa's financial regulations Celtic's cash reserves are "not relevant" when it comes to these guidelines"
Celtic completed 12 signings during the transfer window, including Tounekti, Balikwisha and Iheanacho, with some arrivals announced after a Champions League qualification exit to Kairat Almaty. Fans expressed anger about perceived failures to replace departed players and questioned the timing and nature of the business despite apparent cash reserves. The club insisted on following a self-sustaining financial model and complying with UEFA regulations, stating that cash reserves are not relevant to those guidelines. The club affirmed that supporters' views are taken extremely seriously, that inaccurate information has driven demands for clarity, and that signings proceed when approved within the financial model.
Read at www.bbc.com
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