Celtic could smash annual club record after new paperwork filed – Stefan Borson
Celtic’s financial situation has continued to improve in recent years after largely dominating proceedings in Scotland.
The Scottish champions’ latest full-year accounts for 2023-24 showed their overall revenue increased from £119.9million to a new club-record figure of £124.6million.
Celtic did, however, suffer a minor hit in revenue in the first half of the 2024-25 financial year, with their turnover falling from £85.2million to £83.5million.
The club’s stadium operations revenue increased from £29.8million to £31.6million, while their commercial revenue dropped from £37.2million to £33.8million and merchandising slipped from £18.3million to £18.1million.
Finance expert Stefan Borson exclusively told Football Insider their overall revenue is still expected to increase slightly this year following their success in the Champions League.
Football Insider revealed on 23 January Celtic have landed a guaranteed £38million windfall after progressing through the revamped league phase of the European competition.
But Brendan Rodgers’s side are on course for an exit after suffering a 2-1 defeat to Bayern Munich in the first leg at Celtic Park.
Celtic to blow Scottish Premiership rivals out of the water
Borson insisted Celtic will outperform all their domestic rivals financially again this year.
He told Football Insider: “The revenue will probably be broadly flat.
“They have got four extra games in the second half because of the two remaining first-stage games and then the double header against Bayern Munich.
“Clearly, they are not out of it, but it does look like they probably will go out.
“They will be slightly up on last year but not massively.
“Clearly, they are going to be outperforming everybody else in Scotland by a mile, so I don’t think it’s a terrible season.
“They will have done something like £40-45million from the Champions League.”
Celtic confirm huge profit after big-money sale
Celtic’s pre-tax profit increased to £44million in the first half of the 2024-25 financial year despite their fall in revenue.
The Glasgow side also revealed their profits from player sales rose from £2.6million to £21.5million following several departures, including Matt O’Riley’s big-money move to Brighton.
The club broke their transfer record twice last summer after spending £28.1million on new signings, with Arne Engels and Adam Idah the most expensive additions.
Celtic claimed the Premier Sports Cup trophy after beating Rangers on penalties in December and hold a healthy lead at the top of the Scottish Premiership table.
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