CELTIC’s end of year profit after tax has more than DOUBLED to almost £34million.
The club have released its financial results for the year ending June 2025 on Friday evening, with a lengthy statement from chairman Peter Lawwell.
1
The Hoops made a profit £13.4m in 2024, but that’s now soared to £33.9m due to more Champions League income and “substantial gains” their player trading model.
In the statement, the club said revenue increased by more than 15 per cent to over £143m “driven by a significant uplift in matchday income and UEFA right distributions.”
Celtic sold top stars which helped drive “substantial gains” from player trading of £31.5m, significantly higher than the £6.6m the previous year. The Hoops sold Matt O’Riley to Brighton for £25m and Kyogo to Rennes for £10m.
The club says the gains were largely reinvested in the playing squad as they brought in the likes of Arne Engels for £11m, Adam Idah for £9m and £6m for Auston Trusty..
Read more football stories
Despite the strong gains, cash in the bank for the club “remained broadly flat” at £77.3m, up from £77.2m the year before.
The statement added: “During the year we invested heavily in the first team, both by way of player transfers and wages along with infrastructure across our estate.
“First team labour costs were the highest levels in the history of the Club.
“In total and including committed agent fees, £42.6m was invested in player acquisitions during the year, more than doubling the prior year spend, marking the highest single-season investment in the club’s history including twice breaking the club transfer record.”
MORE TO FOLLOW…
