Another season, another failure - where did it all go wrong for Celtic?

Celtic suffered a devastating Champions League collapse this season, failing to qualify after a 4-4 draw against LASK in Austria. Six attempts in the past eight years have ended in failure for the Scottish champions. Despite leading 3-0 from the first leg, they lost 4-4 on aggregate. The collapse came after a second-half onslaught, with the hosts scoring their fifth goal in the 90th minute to secure the win.

Celtic's deficiencies were laid bare as they struggled to compete with LASK's wave of attacks and lacked depth in midfield. Captain Callum McGregor described his team as "scared" and "passive" during the game. Manager Martin O'Neill took responsibility for the loss, while former captain Scott Brown suggested O'Neill was protecting his players.

The financial consequences of the failure could exceed £20 million, with Celtic's revenue of £143 million in 2024-25 ranking them among Europe's top 60 clubs. The club's recent signings did not prevent the collapse, and the board's lack of investment in the squad is being questioned.