Celtic Park

Next Game

Celtic v Inverness

Sunday, 27 April 2014, 15:00

Scots Prem

Last Game

Motherwell 3 - 3 Celtic

Saturday, 19 April 2014, 12:45

Scots Prem

Celtic report hike in profits

Celtic have reported a pre-tax profit of almost £10m for the year-ended June 30, 2013, the 125th anniversary of their founding in 1888.

Last Updated: 23/09/13 at 16:40 Post Comment   

Celtic: Profits up in 125th anniversary year

Celtic: Profits up in 125th anniversary year

The Scottish champions' on-field success resulted in the club turning a £7.37m loss into a £9.74m profit for the 12-month period.

The SPL and Scottish Cup winners also reached the last 16 of the Champions League, taking the number of their home games to 30, up six on the previous year.

Overall group revenue increased by 47.7% to £75.82m, and the club ended the term with £3.76m in the bank, wiping out £2.77m net bank debt from 2012.

Commenting on the figures, Celtic chairman Ian Bankier said: "I am delighted to report the success on the field and, in particular, our European campaign, have contributed to a very sucessful trading period.

"This is not only a highly satisfactory result, but represents a five-year record profit.

"While the undoubted highlight of last season was qualifying from the group stages of the Champions League, it was crucial that we won the SPL title for the second time in a row to get another shot at Europe.

"The momentum we build by competing in Europe at this level in two successive years is considerable, both financially and in terms of our player pool development strategy.

"We have enjoyed tremendous support from our fans, sponsors, business partners and shareholders and I thank them all."

Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

W

hy don't you call in Becks as well...and we will all have a lovely tea party!

kimosabi
United: Scholes helping out

M

ourinho is just a good-looking version of Allardyce (Fit Sam?). Clearly 19th century football isn't such a big deal after all?

Ezy_Rider
Chelsea Killed The Game Instead Of Playing It

S

tay put, Pep. Timothy Sherwood has this under control.

slowgraffiti
Guardiola plans Bayern stay

Footer 365

Premier League: Per Mertesacker backs Mesut Ozil to flourish at Arsenal

Mesut Ozil must strive for greater consistency to succeed at Arsenal, according to team-mate Per Mertesacker.

Moyes 'proud, but understands'

David Moyes has issued a statement over his Manchester United sacking - and admitted he shared the club's frustrations over his time in charge.

Premier League: Liverpool boss Brendan Rodgers says the owners are happy

Brendan Rodgers is determined to sustain Liverpool's progress following discussions with the club's owners.

Mail Box

Of Course People Remember How You Won

Some have said that it doesn't matter how Chelsea played as long as they won, but is that true? Plus, we've found the one chap who enjoyed Tuesday's game...

Chelsea Got A Result, What's The Problem?

There is plenty of 'that's 90 minutes I'll never get back' sentiment about Chelsea's 'performance' in Madrid, but at least one person thinks they did what was required...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property