The Parkhead boss – who has vowed to keep his powder dry for now on his own thoughts into whether or not the Ibrox club gained an unfair advantage – has been left baffled and angry at claims the whole process was a waste of time.
Lennon struggled to hide his unhappiness at the punishment imposed on oldco Rangers by an independent commission who found the Ibrox club guilty of making undisclosed payments to players but failed to strip them of the five titles they were believed to have been in danger of losing.
The three-man Scottish Premier League-appointed body – chaired by Lord Nimmo Smith – handed out a fine of £250,000 for not disclosing side-letter arrangements during 2000-2011 but Lennon insists the one thing that is clear is Rangers were guilty.
He said: "I only saw some snippets in the paper, I believe they were found guilty of paying £47million over 11 years in non-disclosed payments. Am I surprised at that? No.
"As regards the competitive advantage they gained or didn't gain, a lot of other people will have a say on that. I have my own views on that but I will keep them to myself for now. I don't want to take anything away from what my team and club are doing.
"The way we behave, the way we do our business has been impeccable and that's the reason why we are in the position we are in now."
Lennon also couldn't resist having a dig at the current disparity in fortunes between his club and Rangers, who re-emerged in the Irn-Bru Third Division this season following liquidation and who allowed Juventus to train at Murray Park before the first leg of their Champions League tie at Celtic Park last month.
He said: "It wasn't our fight, it was the SPL, they brought up the tribunal against Rangers. It doesn't affect us, we have the quarter-final of the Scottish Cup to prepare for and we are playing Juventus in the last 16 of the Champions league, we are not renting out a training ground to them."
After losing 2-1 at Motherwell during the week, Lennon is looking for a response today when they take on St Mirren in the Scottish Cup but he refuses to accept his players weren't motivated in midweek at Fir Park.
He said: "It is a cheap way of criticising the team. It is absolute nonsense to say they are complacent. We have lost one game in the league since December. We have won seven and drawn one so that's not bad. We have scored 23 goals in the last five home games.
"The players are very motivated for today and I think the fact that we lost to St Mirren in the League Cup adds a little bit more to it.
"It's a quarter-final, we are away from home, we know it will be a very tough game."