Celtic are counting the cost of Covid-19 after revealing a hefty £10m-plus hit to the finances.But the chairman insisted the Parkhead club are in strong enough shape to ride out the global pandemic storm.The Premiership champions today released their annual accounts which laid bare the impact of the coronavirus crisis.Celtic’s total revenue was down £13.2m, while pre-tax profit was down to just £100,000 having been more than £11m for the previous financial year.The Parkhead club’s bank cash was also down by £10m to £18m – despite Kieran Tierney’s bumper £25m move to Arsenal being in the 2019/20 accounts – as Celts have suffered the loss of match day revenue from the end of last season’s curtailed campaign.There is likely to be further pain.
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