Celtic land £20m boost after record-breaking update
Celtic have dramatically improved their financial situation over the past few years at Parkhead.
Celtic posted a new club-record revenue last season after their turnover surged from £124.6million in 2023-24 to £143.6m.
A report by Football Benchmark, posted on Thursday (29 January), highlights how the Scottish champions’ matchday revenue reached £62.1m in 2024-25.
The analysis shows Celtic’s income in that department has improved by £19.9m since the 2018-19 season, marking a 46 per cent increase over a six-year period.
However, the Glasgow giants’ official accounts revealed their matchday jumped from £49.6m in 2023-24 to £60.3m last season, suggesting the two parties break those figures down slightly differently.
How Celtic’s matchday revenue compares to European rivals
Celtic brought in the 15th-highest matchday revenue last season, placing them above the likes of AC Milan, Juventus and Newcastle United in the top 20.
Meanwhile, Real Madrid lead the way with £201m, helping their overall turnover reach £975m for the campaign.
The report said Celtic have the highest dependency for their matchday income among the top 20 clubs as it represents 42 per cent of their total revenue.
The Hoops were boosted by their Champions League performances last season, having made it to the knock-out round play-offs before being narrowly beaten by Bayern Munich.
That run provided Celtic with an extra £38m in prize money due to the riches on offer in European football’s premier club competition.
However, their matchday income and overall revenue could fall this season, with Celtic only competing in the Europa League after being knocked out by Kairat Almaty in the Champions League qualifying rounds.
How Celtic’s matchday revenue compares to Rangers
Celtic strengthened the financial gap between themselves and Rangers following their exploits in Europe last season.
While Rangers also generated a club-record revenue, their numbers were still a long way behind their Old Firm rivals, with their turnover improving from £88.3m in 2023-24 to £94.1m.
Interestingly, the matchday income at Ibrox also accounted for a large portion of their overall revenue.
Rangers’ matchday improved slightly from £43.8m to £45m, with the club reaching the quarter-finals of the Europa League before being knocked out by Athletic Bilbao.
Celtic are currently at risk of failing to retain the Scottish Premiership title for a fifth year in a row following their inconsistent form this season.
Martin O’Neill’s side sit third in the table, six points behind leaders Hearts and two points off second-place Rangers after 23 games.
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