Michael Brown has claimed Celtic may find it more difficult to sign top players after their humiliating early exit from the Champions League.
Speaking exclusively to Football Insider assistant editor Russell Edge, Brown delivered his verdict after Celtic lost 2-1 to Hungarian side Ferencvárosi TC in the Champions League second qualifying round.
They have now failed to make the Champions League group stage for three consecutive seasons.
🎙️ Neil Lennon: "I'm devastated. It shouldn't happen. It's a poor result. We dominated the game. We conceded two really poor goals.
We all have to take responsibility for it. I have to for the team selection. We had more than enough chances to win the game twice over." pic.twitter.com/Ryb2XT3q9B
— Celtic Football Club (@CelticFC) August 26, 2020
Celtic enjoyed 71% possession on Wednesday night and had 28 attempts on goal but couldn’t find a way to win.
The Scottish champions will now enter the draw for the Europa League third qualifying round with the draw taking place next Tuesday.
Asked by Football Insider whether Celtic are going backwards, Brown said: “They’ll be disappointed as a club.
“The pull of Celtic and Rangers is that there always is Champions League football.
“When it comes to the transfer market and you’re looking to improve your squads, that certainly was the pull and it will make it more difficult.
“Your financials change not qualifying for group stages. It’s such a huge things as we know and they will be disappointed now and they’ll be looking to improve.”
Celtic have already added West Ham forward Albian Ajeti and Motherwell midfielder David Turnbull this summer.
Lennon now wants to step up his pursuit of Republic of Ireland captain Shane Duffy in response to the club’s Champions League exit, as revealed by Football Insider.
This site revealed the club had a seven-figure loan bid rejected by Brighton for Duffy who favours a move to Parkhead despite interest from Premier League clubs West Ham and West Brom.
In other Celtic news, Football Insider can REVEAL the club have set their sights on Ben Davies to replace Kristoffer Ajer.