GLASGOW, SCOTLAND - AUGUST 23: Celtic's Hayato Inamura in action during a William Hill Premiership match between Celtic and Livingston at Celtic Park, on August 23, 2025, in Glasgow, Scotland. (Photo by Craig Williamson/SNS Group via Getty Images)
The transfer doors at Celtic have already opened.
For all the noise around Martin O’Neill staying, for all the relief at the club swerving away from the Robbie Keane cliff edge, for all the arguments about structure, strategy and who should or should not still be sitting in offices at Celtic Park, the squad rebuild has already begun. Not theoretically. Not eventually. Now.
Stephen Welsh is gone, his contract torn up by mutual agreement after years at the club. Kasper Schmeichel has retired after a shoulder injury finally ended his playing career. Hayato Inamura is reportedly heading back to FC Tokyo on a permanent basis after barely getting a kick in Glasgow. Luis Palma has already left for Lech Poznan in a permanent deal worth around £3.5 million to £4 million, depending on which version of the reports you read. Reo Hatate has now reportedly told the club he wants to leave this summer.
That is before we even get into the loanees, the fringe players, the players whose contracts are up, and the decisions still to be made on names like Alex Oxlade-Chamberlain and Kelechi Iheanacho.
So let us not pretend this summer is waiting to begin.
It has begun. The clear-out is underway. The only question now is whether Celtic are going to move with the same urgency in the other direction.
Because departures alone are not strategy. Getting players out the door is the easy half of a rebuild. It reduces wages. It clears space. It trims the squad. It may bring in some money. But it does not win you a Champions League qualifier. It does not replace quality. It does not give Martin O’Neill the tools he needs.
That is the bit Celtic must now confront, quickly.
Palma’s exit matters because it proves there is already money moving. This is not a summer where Celtic can sit there pretending everything has to wait until later. Lech Poznan have made his move permanent, and while some reports put the fee around £3.5 million to £4 million rather than the £4.5 million figure doing the rounds, the exact number is not the central point. The central point is that the club has already banked a meaningful sum for a player who was not going to be central to next season.
The first money is banked. It’s a transfer fee and a wage saving. The squad spaces are being cleared out one at a time. So where is the movement in?
This is where Celtic have to break the habit of a lifetime. We all know the pattern. Players leave early. The holes are obvious. The support points them out. The manager talks carefully. The board says nothing.
Then we drift into August with people telling us the market is difficult, that value emerges late, that we have to be patient, that deals take time, that nobody should panic.
We have heard it all before. We are not interested in excuses and we won’t tolerate them. Not this summer. Not with a Champions League qualifier sitting there like a loaded gun on the table. Not with O’Neill having already rescued the club once. Not with the board having spent months insisting it was listening. Not with the support already exhausted by the silence, the drift and the sheer amateurism of the managerial process.
This time, the hard work has to start immediately.
If Hatate is going, then the midfield requires serious attention. Not some late-window punt. A proper midfielder. A player who can handle the ball, handle Celtic Park, handle pressure and walk into meaningful football in early August. He won’t be the only one who departs in that area. We’ll lose Engels. I think Barnardo is done as well and that’s going to leave us very short in an area where I think we already needed reinforcements.
If Schmeichel is gone, then the goalkeeper situation has to be settled early. There is no point pretending that is a minor issue. A Champions League qualifier is no place to be bedding in uncertainty.
If Welsh and Inamura are both gone, then the defensive depth has shifted. Neither was going to be central. Neither departure changes the first-choice team. But rebuilds are not only about the best eleven. They are about the full squad, the bench, the cover, the standards in training and the options when injuries arrive.
Celtic have spent too many years confusing numbers with depth.
Depth is not having a pile of players. Depth is having players the manager trusts. That is what we need now.
O’Neill cannot be expected to work with those he does not really want, does not really rate and cannot really use. That was one of the great failures of the last era. Celtic bought players who did not fit the manager, then wondered why the manager did not use them. They filled the building with bodies and called it planning.
It was not planning. It was clutter.
This summer has to be different. If players are leaving, the replacements must be targeted, early and serious. The manager must know who is coming. The recruitment department must know what he needs. The board must know that the old excuses will not survive contact with reality.
Because this rebuild is already bigger than some people want to admit.
Reo Hatate alone would be a major departure. Whatever his final months looked like, he has been a superb Celtic player over four and a half years. He helped define the Ange era. He brought imagination and risk to the midfield. He won trophies. He gave us moments. If he leaves, that is not just another squad player gone. That is a piece of the team’s creative identity walking out the door.
Palma was peripheral, but he still produced goals and assists in his first season and a lot of us wondered if he might return after his loan. Schmeichel was not here long, but he was an experienced goalkeeper who helped us through a difficult campaign. Welsh was one of our own, a squad player who knew the club. Inamura may be remembered as another odd club signing, but his exit still underlines the churn. Add the loanees and fringe players to that, and you are no longer talking about trimming around the edges.
You are talking about a proper reshaping.
Celtic is not poor. Celtic is not skint. Celtic is not some helpless provincial club waiting for the couch cushions to cough up enough loose change. We’ve already brought in the first money of the window and this is before a major sale. We’ve got serious cash sitting in the bank. It is ludicrous to think that we cannot do this rebuild; we can.
This club has cash. This club has assets. This club has European revenue at stake. This club has already brought in money from exits and will almost certainly bring in more. So, the budget exists. There are no excuses here.
The idea that we have to wait until every departure is complete before we start moving on arrivals is nonsense. That is how you end up chasing shadows. That is how you end up paying premiums late in the window.
That is how you end up with a manager standing there in August trying to qualify for Europe with one hand tied behind his back. A serious club works both doors at once.
It gets players out. It gets players in. It does not wait until the house is empty before buying furniture. And it certainly does not wait until the night before guests arrive before deciding whether it needs beds.
Martin O’Neill has done the rescue job. Now he needs the tools for the rebuild. I said that already, and this is where it becomes real.
The manager has to be backed immediately, because the rebuild is no longer an abstract summer talking point. It is happening in front of us.
The exits are telling us that. The reports around Hatate are telling us that. The Palma money is telling us that. The contract decisions still to come are telling us that.
Everything is moving but only in one direction. The club has to move faster in the other, quite possibly faster than it has in quite some time.
Because if Celtic handle this correctly, the clear-out can be healthy. It can freshen the squad. It can create room for better players. It can give O’Neill a leaner, stronger group. It can allow us to replace drift with purpose.
But if Celtic handle it the usual way, then this becomes another self-inflicted wound. Players leave, holes open, the qualifier arrives, excuses follow, and everyone in the boardroom acts shocked that the supporters are furious.
No. Not again. Celtic have to prove that the rebuild is not just another word they throw around when they want supporters to believe something is happening.
Start spending. Start moving.
Start acting like a club that knows the season has already begun.
Because in a very real way, it has.
Choose The CelticBlog as a ‘Preferred Source’ on Google News for quick access to the news you value.

So first teams Osmand as striker with Kel as back up, Yang on the right wing with James Forrest as back up and Tounetki on the left wing with Balikwisha as back up.
Replacements for Arne and Reo to be The Ox and from the spfl.
£50 million added to the pile from Diazen and Arne sales.
Ka-ching !
Set your expectation level there and you will be happy as anything else is a bonus.
Let’s keep our fingers and toes crossed for only good things.
But we know the board will waste millions on shite that the manager has no input on and won’t want to use……or maybe Doesn’tturnup Desmond will actually listen to Martin and buy quality over quantity.
Who knosw
Once again James right on the money in everything you say except one major point.
“We will not tolerate it”
Of course we will, we do it with everything, every season that our bastard board humiliates us.
Stop singing sack the board like kids in the playground and do something with genuine purpose. Simple.
Like not renewing your season ticket..??…60,000 × average £ 700 ??…Now THAT would work.
“This summer has to be different”. How many years have we said this? The fact of the matter is the board are not going to change. They shafted Martin in January. They’ve shafted Rodgers at least twice. They won’t think twice about doing it again this summer. Araujo, Cvancara, Mvuka, Adamu, Kelechi, Ox, Kasper, Saracchi, Welsh, Inamura, Palma and the Brentford kid all off the wage bill and that’s before the likes of Engels, Maeda, Bernardo and Hatate go. I fully expect Maeda and Engels to both be sold before that qualifier and I’ll be amazed if any of them are replaced with first team ready players. I have no doubt Martin was given assurances, but I believe he was also given the same assurances for January and we all know how that turned out. I just hope he calls them out quickly to put the pressure on them BEFORE the window closes
This time next month Celtic blogs everywhere saying the same thing ..
Where are the new signings ? What is the board been doing since the end of the season ?
Cert
The transfer window opens a week on Monday and ideally we should be quick off the blocks and be making a swift signing or two. And then I woke up….I won’t hold my breath.
Celtic under the Despot Dermot Desmond is very much similar to Celtic under the Kellys and the Whytes. And though many criticisms can be levied at the Owner and his board of Grey Suited Lackey Yes Men and the CEO in particular one thing they are excellent at ( even World Class?) is selling players. There will always be money coming in. Always players being sold whether they want to be or not! And given the income already, £3.5m estimate for Palma, given Celtics MO of max 20% of income to be spent on replacements that gives MON circa £700,000 to spend!!
I simply cannot trust these bastard old tired grey men…
And with good fuckin reason given their history !
A good article regarding the transfer business James and let’s hope for forward thinking!
I’m honestly not interested in the UCL qualifier. At the moment we dont belong in that competition. The europa league should be a competition we could go far in. We all remember the run to Sevilla, but many forget it only happened because we got pumped out of the UCL by Basel.
If the basket case club can get to the quarters and beyond twice in the last 5 years we can do better. When Bayern Knocked us out in the last seconds some were hailing it as a great campaign. Lets remember Dortmund and Villa played us off the park with a barrowload of goals, the scoreline in both games flattered us and there are a lot better teams than them out there.
Even in Martins first spell when we had great players like Sutton and a world class player in Henrik we never got past the last 32 in UCL.
Yeah its great money but akin to prostituting yourself!
Don’t care about the CL. A humiliating waste of time . Just an opportunity for the board to fleece the fans with overpriced tickets and an understrength team.
Completely agree on the CL front. A bit like the “talent” shows on TV where they pad them out with folks who have zero chance of winning but allows for some extra rounds and some comedy moments before they get to the business end.
I read that Brighton (a team that has never won a major honour but of course play where the money is) has paid £21m for a young forward from Sweden who has played in a sum total of 18 games, with 4 goals and 5 assists. We would have struggled against Villa in the final of the Europa this season but I reckon we would have been competitive against the Germans.
Palma never gave a phuk about Celtic. I remember at the end of one particular shocking result in Europe (forget which) there he was laughing and back-slapping with one of the opposition. Meanwhile I, along with every other Celtic fan, was utterly gutted.