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"Celtic fans will REVOLT to a degree unseen" - Celtic £4.8m loss and the fans want the board gone

The Football Show · 27 September 2026

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0"Reaping what they sow." Celtic post a GBP 4.8m loss and the board are under more scrutiny than ever. Peter Martin, Hugh MacDonald and Gordon Parks on the numbers, Dermot Desmond, and the fans who want the board gone.

Celtic have announced a GBP 4.8m loss after tax, a swing from around GBP 34m profit a year earlier, with revenue down almost 23%. The panel put it down to a lack of investment and ambition, a merchandise boycott and the catastrophic loss of Champions League money. Gordon Parks says the club are "reaping what they sow", while Hugh MacDonald argues Dermot Desmond "doesn't want to sell and will never be forced to sell" - and that another car crash AGM is coming. Plus what a fan revolt would actually look like, why it would take around GBP 400m to buy Celtic, and the duty-of-care debate over Martin O'Neill, whose future can only really be decided by Desmond himself.

Are the Celtic board the real problem, and is there anything the fans can actually do about it? Have your say below.

CHAPTERS
00:00 Celtic must fix their midfield, fast
00:54 £4.8m loss, 22% revenue loss
01:53 "Reaping what they sow": no investment, no ambition
02:42 Dermot Desmond under forensic scrutiny
04:10 No Champions League: the GBP 30m swing
04:33 Are the Old Firm priced out of Europe's top table?
05:18 Fans want the board gone
6:07 Another car crash AGM, and the schism
07:04 What does a Celtic revolt even look like?
08:22 No way back for this Celtic FC board
10:07 Martin O'Neill's future: duty of care
11:51 Why change can only come from Desmond
13:32 The contract, the money and the ticking clock

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Clubs in this video

• Celtic

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