Celtic majority shareholder Dermot Desmond talking about Celtic’s finances.

How much money Celtic will pay Dermot Desmond days after Champions League disaster

Celtic fans have the board, Brendan Rodgers and some of the first-team in their sights after that Champions League shambles this week.

Celtic’s defeat to Kairat has caused an almighty fallout that is going to be felt from now until the end of the season.

Brendan Rodgers watched his Celtic team fail to score a goal in 3.5 hours of football against a team ranked lower than St Johnstone in the UEFA rankings.

However, Celtic fans rage is about to hit new levels when they find out how much money the club are set to pay Dermot Desmond after that Champions League humiliation.

The six-figure sum Celtic are set to pay Dermot Desmond after Champions League disaster

Fans are already fuming after hearing how Desmond gets involved in Celtic’s transfer business this summer.

And now, in two days time, Celtic’s largest single shareholder is now due a tidy sum of cash paid through a dividend in his shares.

Excellent X account GrandOLTeam shared, “You’ll be happy to know that Celtic pays its annual dividend on the Convertible Cumulative Preference Shares (CCP) on Friday.

“About £560,000 will be paid put, with about £185,000 going to Dermot Desmond.

“That dividend has paid every year since 1997, regardless of club losses, COVID, etc.”

Legally, Desmond is entitled to that monastery but after watching Celtic asset strip the first-team and fail to invest properly in the squad, this will stick in many fans’ throats.

QUIZ: Celtic’s Biggest Wins Over Rangers

Test your knowledge on some of Celtic’s most famous victories over Rangers. Find out if you know your history!

1. What is Celtic’s biggest ever victory over Rangers?

  • a) 5-0
  • b) 6-2
  • c) 7-1
  • d) 4-0

Correct Answer: c) 7-1

The 7-1 win is a historic result and is Celtic’s largest margin of victory against their rivals. It is also a record for a British domestic cup final.

2. In which competition did Celtic secure their historic 7-1 win over Rangers?

  • a) Scottish Cup Final
  • b) Scottish League Cup Final
  • c) Scottish Premier League
  • d) Friendly match

Correct Answer: b) Scottish League Cup Final

This famous match took place in the final of the Scottish League Cup.

3. In what year did Celtic achieve their 7-1 victory over Rangers?

  • a) 1967
  • b) 1957
  • c) 1971
  • d) 1988

Correct Answer: b) 1957

The match, famously known as “Hampden in the Sun,” was played on October 19, 1957.

4. Which player scored a hat-trick for Celtic in the 7-1 demolition of Rangers?

  • a) Billy McPhail
  • b) Sammy Wilson
  • c) Bobby Collins
  • d) Willie Fernie

Correct Answer: a) Billy McPhail

Billy McPhail scored three goals for Celtic, all with his head.

5. What was the nickname given to the 7-1 match by Celtic supporters?

  • b) Hampden in the Sun
  • a) The Demolition Derby
  • c) The Thrashing at Ibrox
  • d) The Glorious Final

Correct Answer: b) Hampden in the Sun

The phrase “Hampden in the Sun” was coined by Celtic fans and is the title of a popular terrace song about the game.

6. In a famous 2000 league match, Celtic defeated Rangers 6-2. Who was the Celtic manager at the time?

  • a) Neil Lennon
  • b) Brendan Rodgers
  • c) Martin O’Neill
  • d) Gordon Strachan

Correct Answer: c) Martin O’Neill

Martin O’Neill led Celtic to this dominant victory in his first Old Firm match as manager.

7. Which Celtic legend scored a memorable chipped goal in the 6-2 victory in 2000?

  • a) Henrik Larsson
  • b) Chris Sutton
  • c) Paul Lambert
  • d) Lubomir Moravcik

Correct Answer: a) Henrik Larsson

Henrik Larsson scored two goals in the match, but his beautifully chipped goal over the goalkeeper, Stefan Klos, is particularly remembered by fans.

8. What was the score when Celtic clinched the league title with a convincing home victory over Rangers in 2018?

  • a) 4-0
  • b) 5-0
  • c) 3-0
  • d) 6-1

Correct Answer: b) 5-0

Celtic won the game 5-0 at Celtic Park to secure their seventh consecutive league title under manager Brendan Rodgers.

9. Who scored twice in Celtic’s 5-0 win over Rangers in 2018?

  • a) Moussa Dembele
  • b) Olivier Ntcham
  • c) Odsonne Edouard
  • d) James Forrest

Correct Answer: c) Odsonne Edouard

French striker Odsonne Edouard scored two goals, while James Forrest, Tom Rogic, and Callum McGregor also scored.

10. In the 2017 Scottish Cup Semi-Final, what was the score when Celtic thrashed Rangers to reach the final?

  • a) 5-0
  • b) 4-0
  • c) 3-0
  • d) 2-0

Correct Answer: b) 4-0

Celtic won this match 4-0 at Hampden Park, with goals from Callum McGregor, Stuart Armstrong, Scott Sinclair, and a late strike from Moussa Dembele.

You have finished the quiz!


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