GLASGOW, SCOTLAND - APRIL 11: Celtic fans in the Green Brigade section unveil a banner at full time which reads 'Celtic board - unfit for purpose' during a William Hill Premiership match between Celtic and St Mirren at Celtic Park, on April 11, 2026, in Glasgow, Scotland. (Photo by Craig Williamson/SNS Group via Getty Images)
The Transfer Window always brings the same thing.
Every rumour becomes a talking point, every signing is analysed to death and every fanbase convinces themselves they’re having the better window than their biggest rivals.
We are no different as Celtic supporters!
That’s football.
It’s part of the fun.
We all enjoy the banter, we all enjoy winding each other up and we all like having a laugh when a rumour seems utterly ridiculous.
The latest story doing the rounds is Rangers’ reported interest in Lewis Ferguson of Bologna, with figures of around £17 million being mentioned.
It was discussed at the end of Monday’s Trinity Tims episode.
No laughing at the back.
No, seriously. Ask yourself what it is you are laughing at first.
Predictably, many Celtic supporters have reacted with disbelief.
“There’s no chance.”
“Where are Rangers getting £17 million from?”
“It’s another fantasy story from the Scottish media.”
Maybe they’re right. Maybe the deal never materialises. Maybe the fee is exaggerated. I get that.
But I actually think Celtic supporters are focusing on entirely the wrong part of the story.
Because the reason so many of us immediately dismiss the possibility isn’t simply because it’s Rangers.
It’s because we’ve spent years being CONDITIONED to believe that Celtic simply don’t operate at those kinds of transfer fees due to our limitations within Scottish football.
Too many have accepted the idea that there is a financial glass ceiling above Celtic Football Club.
Somewhere along the line, supporters have been convinced that spending £15-20 million on an individual player is reckless, unrealistic or simply impossible.
Thanks to this Board we’ve normalised the idea that Celtic should always be looking for bargains, projects and resale value above everything else.
But why?
If Rangers genuinely found a way to spend £17 million on Lewis Ferguson, would I be delighted to see our rivals strengthened?
Of course not. That’s not the point.
The point is what it would expose at Celtic.
It would expose just how conservative Celtic’s own transfer strategy has become despite years of unprecedented domestic success and a bank balance most clubs in Britain would envy.
Because if Rangers, 3rd placed f**king Rangers can somehow sanction a transfer in that region, then Celtic supporters would be perfectly entitled to ask why our own club, with all of its financial advantages, has consistently refused to show similar ambition.
The first reaction shouldn’t be laughter.
It should be, “Why is that never us?”
One of the most frustrating things about following Celtic over the last decade is how expectations have gradually been lowered without many people even noticing.
I have tried during the Domestic Bliss era to raise my concerns consistently on my socials.
Often leading to all kinds of nonsense replies, sometimes abuse.
I use that word lightly as anyone who can’t put their own name on their X account calling me names is not gonna keep me up at night, the language at times used just for being an outlier during Celtic’s dominance has at times been abusive nonetheless.
We’ve become so used to hearing that £8 million is expensive. That £10 million is a huge outlay. That £12 million would be exceptional.
Yet in the wider European market, those figures are becoming increasingly ordinary.
Celtic’s Board seem to pick and choose what aspects we are “World Class in everything we do” at.
Football has changed. Transfer fees have exploded. The market has moved on.
Too often, Celtic haven’t.
If Rangers were to spend £17 million on Lewis Ferguson, it would only be around £5 million more than their previous entity’s transfer record.
Think about that for a moment.
The gap between Rangers’ current record signing and this supposed deal isn’t actually enormous in modern football terms.
Now compare that with Celtic.
It took Celtic 18 years to break our own transfer record when we signed Odsonne Edouard for £9m in 2018.
Eighteen years.
Edouard was a fantastic signing. He justified the investment and became one of the best forwards Scottish football has seen in recent years.
He left us for DOUBLE the fee and a sh*tload of goals and medals.

The issue isn’t the player. The issue is that it took nearly two decades for Celtic to move the goalposts.
Football inflation doesn’t stop for anybody.
We know Celtic don’t actually think so either.
Look at the fees we rightfully demand for our assets when it comes to selling!
Supporters don’t expect £20 million signings every summer.
We don’t expect Galacticos.
We simply expect the club’s ambition in the transfer market to reflect the financial strength they’ve spent years building.
Too often, that hasn’t happened – the conditioning – supporters have almost been encouraged to celebrate restraint.
To convince themselves that spending significant money somehow represents unnecessary risk – bollocks.
Meanwhile, other clubs continue to stretch themselves in pursuit of improvement. Whether it’s Rangers or not, get over the name of the club and look at the fact they actually are pushing their boundaries.
Exciting their fans.
That’s why this Lewis Ferguson story fascinates me.
Not because I think Rangers suddenly become some sort of irresistible force if it does.
But because it challenges a mindset that has quietly developed among Celtic supporters over many years that I have called out year after year after year.
A mindset that says, “Those sorts of transfers just aren’t for clubs like us.”
Why not?
Why should they not be?
If Celtic genuinely aspire to establish themselves as a serious European club while maintaining domestic dominance, then eventually the transfer strategy has to evolve alongside those ambitions.
You cannot continually bank record revenues while expecting supporters to accept that ambitious transfer fees remain permanently out of reach.
At some point those two things stop matching up.
So if Rangers do sign Lewis Ferguson for £17 million, by all means analyse the player. Feel free to make your own mind up whether he is worth that or not.
Question whether the deal represents value. That’s all fair game.
But don’t stop there.
Ask a much bigger question.
Why has Celtic, with years of financial strength, stability and success behind them, so rarely shown that same willingness to push the boat out?
Because if we’re laughing at another club’s ambition while accepting limitations at our own, perhaps we’ve been conditioned to think far smaller than Celtic Football Club should ever allow.
Keep Your Eyes on The Board.
I agree Bhoycie we have no ambition whatsoever but I don’t us doing it just coz that shower have done so Ferguson is nowhere near that fee if we spend that amount i want a quality striker
The board have mentioned fifa financial restrictions for not spending it’s an excuse to hide there lack of ambition
With the greatest respect Bhoycie, can you please refrain from calling the current Ibrox club Rangers. That club died in 2012, and ain’t coming back. The correct name for the team playing out of Ibrox is Sevco. A club founded by Charles Green. If Peter Lawwell had done his job in 2012 and fought the 5WA this club would not exist. Ibrox would have been a supermarket or a car park by now. That would have been just grand in my book.
Hail Hail.
Lest WE forget…..
The mob over the City might wish to live in a dreamland but we must never forget or even tacitly accept or agree that it is the same Club.
When you’re dead there’s no coming back.
They’re deid, buried, wrapped in a burial shroud of incontrovertible Legal papers, Gers no more.
Remember, it was in the ‘Papers’ and on the ‘Telly’.