, Celtic to net £2m cash windfall following Bournemouth promotion

Celtic to net £2m cash windfall following Bournemouth promotion

Celtic are set for a £2million cash windfall following Bournemouth’s promotion to the Premier League last night, it has been revealed.

Bournemouth beat Nottingham Forest 1-0 in the Championship last night to secure their return to the Premier League under Scott Parker.

The Cherries have claimed 2nd place behind Fulham after what’s been an impressive debut season for Parker, but reports have emerged revealing that the south coast club now owe Celtic a seven-figure sum.

Bournemouth signed Ryan Christie from Celtic ahead of this season. They paid a reported £2.5million for the midfielder who’s enjoyed a standout season in the Championship, with Celtic inserting a promotion clause into the deal.

Reports coming out of Scotland reveal that the Cherries now owe Celtic more than £2million ahead of the summer transfer window, giving the Scottish club some timely funding ahead of what looks to be another busy transfer window.

Shrewd business…

From Celtic’s viewpoint, this is a shrewd bit of business. They’ve certainly played their cards right here and they’ll get a decent sum of money for doing nothing.

As or Bournemouth, they won’t care so much about the money after securing promotion, but it’ll still put a minor dent in their finances ahead of the 2022/23 season.

The Cherries will need a lot of summer signings to keep them afloat in the top flight next season. Parker has struggled in the Premier League with Fulham in the past and he’ll hope to have earned his lessons, and put that experience towards sustaining Bournemouth in the top flight.

They finish their season with a home game v Millwall this weekend.

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