Celtic's transfer business has faced scrutiny over the last three summers, with varying degrees of success.
According to a report by the CIES Football Observatory, Celtic's squad value ranks 97th in the global ranking of the world's top football clubs, with a value of €141m [£122.68m].
Celtic's squad is worth more than these teams.
Celtic's ranking compared to Rangers is noted in the report, providing insight into the squad's value.
Author's summary: Celtic ranks 97th in squad value globally.