Kieran Maguire: Celtic could face 'very significant' financial blow after official announcement
It will come as a “very significant” blow for Celtic to be unable to reopen their stadium at full capacity for the start of next season.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Celtic announced on 15th June the launch of their ballot system for reduced capacity matches.
Celtic’s fixtures list for the 2020-21 Scottish Premiership campaign was released last week and season ticket holders can apply to attend matches via the My Celtic Matchday scheme.
The number of fans that will be allowed to attend the Hoops’ first home game against Dundee on 7th August will be contingent on the tier system as Scotland exits lockdown.
It could be that as few as 2000 supporters will be permitted entry to Parkhead to watch their team in the flesh for the first time in almost 18 months.
Maguire revealed just how heavily Celtic lean on matchday takings and claimed they will be feeling the strain of the continued absence of fans.
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He told Football Insider correspondent Adam Williams: “It is frustrating. They generated 50 per cent of their revenue from matchday ticket sales in 2019.
“Hopefully, we’re now moving towards a time when we will see the return of fans on a large scale.
“But Celtic and Rangers benefit from matchday income more than any other club of a similar magnitude.
“It will be very frustrating if they are unable to tap into this very significant and devoted revenue source.”