Martin O'Neill’s status at Celtic is a subject of heated debate. The 74‑year‑old manager, already a Celtic legend, has hinted that he will assess the situation after the 1‑0 defeat to Rangers at Parkhead and decide whether it might be "time to wrap it up." That loss was the second setback to their Old Firm rivals within a week, following a 3‑1 Europa League defeat to Ferencvaros. Each display has left supporters uneasy, and many wonder what the remainder of the campaign will look like if no adjustments are made during the international break. Celtic entered the current title defence with a flawless run of six league victories, yet even those wins often lacked the conviction expected of the reigning champions.

The most glaring example came in the Champions League play‑off against Austrian side LASK, where Celtic squandered a 4‑0 first‑leg lead and were eliminated 5‑4 on aggregate. That collapse raised serious questions about O'Neill’s tactics and the mental resilience of his squad. The situation deteriorated further after a disappointing Scottish League Cup tie against Rangers, followed by the aforementioned Europa League loss.

The 1‑0 defeat at home to Rangers, witnessed by 60,000 fans, was the final straw for a growing chorus of critics. Although Celtic still sit atop the Scottish Premiership, their lead has shrunk to a precarious two points rather than the eight‑point cushion they seemed destined to enjoy. Blaming the manager alone would be an oversimplification.

The club’s difficulties run deeper than a single set of results. Last season saw fan protests targeting the board, and calls for a change in leadership have persisted.

The quality and timing of the summer transfer window have also come under scrutiny. While Celtic broke their record by signing Kasper Høgh and added Camilo Duran, Mika Baur and Haissem Hassan before their Champions League exit, a flurry of late‑deadline acquisitions further complicated squad cohesion. O'Neill is still experimenting with how best to integrate these newcomers, rotating midfield options and even omitting his wingers in the most recent Old Firm clash, opting for a five‑defender line with Kieran Tierney pushed further forward.

The result was the same – a narrow loss. Celtic’s dominance over the past 15 seasons, winning 14 titles, has perhaps bred a degree of complacency at the executive level.

The rise of Rangers and a rejuvenated Hearts side means the competition is stiffer than ever. Despite significant spending this summer, many supporters fear that a trophy‑less season would send a clear message: financial muscle alone cannot replace the need for the right players on the pitch. Scottish football is notorious for rapid swings in fortune. O'Neill’s interim spell last season rescued Celtic from a precarious position, delivering an unlikely league‑and‑cup double.

Encouraged by that success, he accepted a permanent role, returning to Parkhead 21 years after his first tenure ended. During that earlier spell, O'Neill amassed seven major trophies and guided the team to a UEFA Cup final in 2003, establishing a reputation for building sides that were difficult to beat. This season, however, the narrative has shifted; the team appears vulnerable and inconsistent.

Even the most ardent Celtic fans are beginning to wonder whether it might be time for O'Neill to step aside. After the loss at Ibrox, he made bold tactical changes ahead of the mid‑week Europa League tie with Ferencvaros, only to see those adjustments fail.

He then altered his lineup again for the Rangers match, with similar results. While he still possesses the capacity to replicate last season’s achievements, failure to resolve the squad’s underlying issues could result in a barren trophy haul and a blemished legacy.

Amid the gloom, it is easy to forget that Celtic remain league leaders. Following the Rangers defeat, O'Neill told Sky Sports that he did not believe there was a vast gap between the teams and reminded listeners that the club’s history proves it can bounce back from adversity.

He called for perspective, asking, "Is it a disaster? I don't think so.

We have to rethink and reset." His assessment is fair: the season is far from over. Celtic have completed only seven of their 38 league fixtures and still face seven Europa League games.

The current turbulence could still culminate in another successful campaign. Upcoming fixtures include a home clash with Motherwell on October 11, a Europa League encounter with Benfica on October 15, a league match against Hearts on October 18, another Europa tie against Celta Vigo on October 22, a game versus Hibernian on October 25, and a final league showdown with Dundee United on October 28.

Each of these matches offers O'Neill a chance to recalibrate tactics, restore confidence, and demonstrate why he remains a beloved figure at Celtic. In summary, the club stands at a crossroads. The decisions made during the international break, the integration of new signings, and the strategic adjustments O'Neill implements will determine whether Celtic can salvage the season and add to O'Neill’s storied legacy, or whether they will endure a rare year without silverware, prompting a broader conversation about the future direction of the club’s leadership and recruitment policies.