The Lennon acquisition who cheated Celtic out of £6.5 million before being let go - Faxsoccer
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The Lennon acquisition who cheated Celtic out of £6.5 million before being let go

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With the goalie whose contract was cut, the Hoops had a nightmare.

Following Joe Hart’s announcement that he will be retiring at the end of the season, Celtic will be searching for a new custodian during the summer transfer window.

Vasilis Barkas Celtic transfer exit collapses as Sheffield United 'pull out' due to financial demands - Football Scotland

The 36-year-old custodian has been an incredible asset to the team since joining Ange Postecoglou on a permanent basis from Tottenham Hotspur in the summer of 2021.
Between the 2022–2023 and 2022–2023 seasons, Hart started 72 of the 76 Scottish Premiership games played by the team as the Hoops won the championship in both.
Vasilis Barkas, the big flop the former England international replaced at Parkhead less than three years ago, was Celtic’s biggest disappointment.

The sum that Celtic paid Vasilis Barkas to sign him

Former Hoops manager Neil Lennon pounced to sign the custodian from Greek team AEK Athens in the summer of 2020 for a reported £4.5 million, plus $1 million in salary annually.

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Barkas failed to secure a regular spot in the starting lineup for the Scottish giants, so the move did not work out as planned for any of the parties involved.

After starting nine of the team’s first ten Premiership games, he only made five more appearances on the field during his 16 games as a substitute.

Throughout the 2020–21 league season, Scott Bain—a Scottish goalkeeper—became Lennon’s first-choice option in goal, stopping 69% of the shots that were directed at him.

On the other hand, Barkas, who was labelled “awful” by pundit Frank McAvennie, only stopped 60% of the shots on goal in 15 Premiership games, indicating that he was not good enough to start ahead of Bain.

Following his signing, Hart played in just one league game for Celtic that season, giving up one goal and making zero saves. Hart was a Greek goalkeeper.

Total cost to Celtic of Barkas

For the 2022–2023 season, the Hoops sent him on loan to FC Utrecht in the Netherlands; however, it is unclear how much the Hoops paid for his salary.

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The left-footed flop cost Celtic £2 million in salary during his first two years in Glasgow, on top of the £4.5 million they paid AEK to sign him in 2020. If his wage were paid in full, Celtic would have saved £1 million last season.

Vasilis Barkas Celtic transfer exit latest as Utrecht chief admits 'minimal' chance of keeping £4.5m goalkeeper - Football Scotland

In the summer of 2023, the Scottish giants then gave him a one-year contract termination early, having originally signed him to a contract that would have lasted until 2024, so he could sign for Utrecht on a free transfer.

Given that the Dutch team did not have to pay anything to sign Barkas, it follows that Celtic did not receive any compensation for him when they ended their permanent relationship with him at the conclusion of the 2022–2023 campaign.

Lennon, therefore, had a nightmare with that signing as the Greek behemoth drained the Hoops of at least £6.5 million in wages and transfer fees combined, failed to live up to expectations on the pitch and had his contract terminated early.

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In other news, Expert claims that Liam Scales lacks a crucial skill that Celtics’ Cameron Carter-Vickers possesses.

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