Alan Thompson has told Sky Sports that Celtic will struggle to make their mark in Europe until they have greater competition at home and the money to land top talent.
The Hoops remain on course to secure a third successive Scottish Premiership title, with Ronny Deila hoping to taste domestic glory in his first season at the helm.
It has not been an easy ride for those at Parkhead, though, with the likes of Aberdeen and Inverness Caledonian Thistle still pushing them hard.
They also failed to reach the knockout stage of the Champions League and had to settle for a place in the Europa League.
They have made it through to the last 32 of that competition, where they will face Serie A giants Inter Milan, and will be hoping to replicate the heroics of Martin O’Neill’s side from 2003 that made it all the way to the final.
Thompson, though, believes they will struggle to tread a similar path as fate has conspired against them in recent years.
He told Sky Sports’ Goals on Sunday: “I think it’s going to be difficult, certainly in the foreseeable future - until Rangers get back in the Premier League and the funds change.
“You look at Celtic at the moment and they seem to be doing their shopping in the market around them. There is a couple of boys from Dundee United linked, so they don’t seem to be getting the quality that they were getting in previous years – the likes of Jorge Cadete, Paolo Di Canio, Henrik Larsson. I think it could be a while.”
Celtic certainly lack the funds they once had, but they remain an attractive proposition to players around the world.
Getting them to Glsagow is the challenge facing Deila and his board, although they have admitted to taking their transfer policy in a different direction.
Greater emphasis is being placed on the acquisition of home-grown talent and players used to the Scottish top-flight, with there an argument for saying that they will settle quicker at Parkhead than those drafted in from afar.