Celtic have become masters of the transfer market, raking in millions by spotting talent on the cheap and selling players on for hefty profits. Now, the club could be about to cash in big—without even selling anyone.

The latest buzz surrounds former Hoops right-back Jeremie Frimpong, who left Parkhead in 2021 for Bayer Leverkusen in a deal worth £11.5m. Fast forward to today, and the Dutch international is catching the eye of European giants like Liverpool, Real Madrid, and Manchester City. Reports suggest Liverpool are considering Frimpong as a replacement for Trent Alexander-Arnold and are ready to trigger his £35m release clause.

Here’s where it gets interesting for Celtic. A 30% sell-on clause in Frimpong’s deal means the Scottish champions stand to pocket around £7m if the transfer happens—a tidy windfall for a player who cost just £350,000 back in 2019.

This isn’t a one-off, either. Celtic have turned bargain buys into big-money sales time and again. Matt O’Riley, bought for £1.5m, was sold to Brighton for £26m, while Jota and Kieran Tierney also fetched similar fees. Add Odsonne Edouard, Kristoffer Ajer, and Josip Juranovic to the mix, and it’s clear Celtic’s recruitment strategy is a well-oiled money-making machine.

What’s more, the club’s financial position has never looked better. This year alone, Celtic made a profit despite splashing £20m on summer signings Arne Engels and Adam Idah. With £40m rolling in from their revamped Champions League campaign and another potential £20m-plus sale on the horizon with Nicolas Kuhn, the Parkhead bank balance is soaring, currently sitting at a record £77m.

The Frimpong deal could be the cherry on top, proving yet again that Celtic’s transfer game is in a league of its own.