Kieran Maguire touts Rangers dynasty as the truth about Desmond's Celtic spending revealed
Dermot Desmond “hasn’t invested a penny” in Celtic for a decade and that could mean the start of a Rangers dynasty.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively ahead of the Glasgow derby on Sunday.
Rangers have clawed their way back from the brink of financial oblivion over the past decade, incurring heavy operating losses as a result.
Celtic majority shareholder Desmond meanwhile has pursued a self-sufficient model and that remained the case during the nine-year spell of dominance.
This has led to accusations that Desmond and the Celtic hierarchy have been asleep at the wheel in the absence of meaningful title challengers.
And Maguire claims that Desmond’s total lack of investment heralds the beginning of a Rangers dynasty unless the financier alters his frugal approach.
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He told Football Insider correspondent Adam Williams: “It comes down to Dermot Desmond. How much is he willing to fund the club with regards to this? Can he afford not to?
“Rangers investors have put money into the club to underwrite the operational losses that the club has had over the last decade.
“They wanted to make the club more competitive with Celtic. Desmond hasn’t put a penny in.
“Now I think they have to reconsider in terms of where they are. There is a danger that Rangers could get ahead and we could end up with a Rangers dynasty for a few years.”
Rangers have a 20-point advantage over Celtic heading into Sunday’s match having already mathematically secured the Scottish Premiership title.
Celtic are looking to kick-start a rebuild by appointing a director of football, with Manchester City’s Fergal Harkin revealed by Football Insider to be engaged in talks.