Tom English shares seven-word reaction as Celtic release official accounts
Celtic have confirmed that they have lost a considerable amount of profit in the last six months of 2025 compared to the same period in 2024.
Much of this was due to the fact that they failed to reach the Champions League’s league stage, with the Hoops going out to Kairat in the qualification playoff phase.
Yet, despite this, the Old Firm side ended up with more money in the bank, going up to £67.4million from £65.4m.
As a result, Tom English has been quick to react to the news, labelling the accounts as “interesting”.
Tom English: Cash is king
For Celtic, money has been a hot topic for numerous weeks.
Despite still being in Europe, and being in the middle of a title race in the Scottish Premiership, the Hoops did not spend any money on transfers.
Instead, solely brought in loan players until Alex Oxlade-Chamberlain was signed on a free transfer last weekend.
As a result, the accounts have drawn plenty of attention, with English even commenting on the announcement via X on 14 February.
Interesting set of accounts. Cash is king… https://t.co/iTXnMToOC1
— Tom English (@TEnglishSport) February 14, 2026
The Chief Sportswriter of BBC Scotland simply put: “Interesting set of accounts. Cash is king…”
Title race could decide Celtic’s summer business
Unlike many teams, Celtic’s drop-off could result in even less money being spent in order to return them to their best in the Scottish Premiership.
It has become clear that Champions League qualification results in further money being spent at Celtic Park, with their recent failure resulting in a dull winter transfer window.
However, there is now a real possibility that Celtic don’t even get into the Europa League next campaign, with the Hoops set to be thrown into the Europa Conference League qualifiers if they finish third and someone outside the top three wins the Scottish Cup.
Therefore, whoever comes into the dugout during the summer may have even less to spend on additions if this possibility becomes a reality.
As a result, the second half of the campaign could be one of the most crucial periods for the club in recent history.
Failure to finish in the top two could set the Hoops back years and give Rangers room to dominate the Scottish Premiership for years to come.