google-site-verification: googlec7193c3de77668c9.html

Celtic report near £18m pre-tax profit for 2023-24 as costs & revenue increase

Celtic have reported a pre-tax profit of £17.8 for the year to June.

The figure is down on the previous year’s £40.7m, largely due to a £10m increase in operating expenses, but revenue has increase by almost £5m to £124.6m while year-end cash is also up by a similar amount to £77.2m.

A strong end to last season meant Celtic’s men’s team won both the Premiership and Scottish Cup while the women’s team won the SWPL for the first time.

Earlier in the campaign, Brendan Rodgers’ men’s side competed in the group stage of the Champions League.

The club say they made a £6.6m gain on player sales, compared with £14.4m in 2023, while £16.6m was spent on player acquisitions.

Celtic signed Luis Palma and Nicolas Kuhn during the 2023 transfer window while fellow winger Liel Abada was a prominent departure in March for a reported £8m.


Source link

Views: 3

See also  Lynx illegally released in Cairngorms were starving, says RZSS

Check Also

Jack McDonald joins Robert MacIntyre as second Scot in Open field

McDonald made his decisive move with a birdie at the 13th before holing out for …

Patient tested for suspected Ebola virus at Glasgow hospital

A patient is being tested for suspected Ebola virus at a Glasgow hospital. It is …

GTA 6: Rockstar workers demand union recognition

A union has called on Grand Theft Auto 6 maker Rockstar Games to address issues …

Leave a Reply

Available for Amazon Prime
Best electric scooter for teens – top 7.