Celtic suffers Champions League exit, faces financial repercussions

Yahoo Sports1 min read • Latest: Aug 26, 2026, 10:44 AM

Last updated Aug 26, 2026

Celtic suffers Champions League exit, faces financial repercussions
Summary

Celtic's hopes of qualifying for the Champions League are dashed after losing 5-4 on aggregate to LASK. The Scottish champions squandered a four-goal lead from the first leg, with manager Martin O'Neill emphasizing the severe financial implications of missing out. The club stands to lose approximately £40 million due to the exit, which could impact future player signings and squad depth. In the wake of this disappointment, Celtic will aim to rebound in their upcoming match against Falkirk in the Premiership.

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By the Numbers
  • Celtic lost 5-1 to LASK in the second leg of the play-offs.
  • The team squandered a four-goal aggregate lead from the first leg.
  • Manager Martin O'Neill acknowledged significant financial losses.
  • Captain Callum McGregor criticized the team's performance.
  • Celtic will face Falkirk next in the Premiership.
Latest Updates
  • 10:44 AMYahoo SportsCeltic count the cost of Champions League flop
What they're saying
"

Scottish champions Celtic face a second successive season without Champions League football, a blow which will not only have serious financial consequences, manager Martin O'Neill admitted, but could also deter players from signing for them."I think I said last week that if you could qualify for the Champions League there would be players wanting to come on that basis.

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