Celtic post stunning financial results as revenue rockets to £76.5m and profit to £33.9m as Peter Lawwell hails success
dailyrecord.co.ukCeltic have made a huge profit of £33.9million before tax that’s revealed in a stunning set of figures in their interim report.The Scottish Premiership champions made their way back into the Champions League group stage and even though they didn't qualify for the knockout phases, their financial gains at this stage have been reflected in their annual accounts.
A huge profit of £33.9m before tax for the first half of this campaign has been declared, which is a significant improvement on the £27.6m that was made at this stage of Ange Postecoglou's first campaign in charge.Revenue at Celtic has also risen by a hugely-significant degree of 44.8 per cent to £76.5m, which is a big improvement on the £52.9m that was gained in the first half of the 2021/22 campaign.
Trading profit was £28.1m opposed to 2021's £7m. Cash net of bank borrowings comes in at £59.2m next to 2021's £25.6m, which are all laid out in the interim six-month report to the year ending December 31.
Fourteen home fixtures have been played on top of their European outings and being nine points clear at the top of the league.In a positive statement – his first as chairman – former CEO Peter Lawwell said: "I am honoured to present my first chairman’s statement on behalf of Celtic Football Club.
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