Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Celtic report £4.8m loss as revenue drops by 22.7%

Celtic announce a loss after tax of £4.8m for the year ending June 30, 12 months on from making a profit of £33.9m.

Celtic report £4.8m loss as revenue drops by 22.7%

Celtic revealed a £4.8 million after-tax loss for the fiscal year ending June 30, 2025, marking a significant contrast from their £33.9 million profit the previous year. The Scottish Premiership club's financial woes can be attributed to the loss of Champions League qualification last season, which resulted in a 22.7% revenue decline to £111 million.

Despite this, Celtic reported a cash reserve of £66.4 million. The turbulent season saw three different managers, with Brendan Rodgers, Wilfried Nancy, and Peter Lawwell all departing under contentious circumstances. Interim chairman Brian Wilson commended the team's resilience in securing a league and Scottish Cup double, despite the turmoil.

Celtic made substantial summer signings, investing £31.6 million in new talent, but the impact of these acquisitions remains to be seen. The club remains in the Europa League competition but has seen a drop in their Premiership standings, now just two points ahead of rivals Rangers. Wilson described the past year as both joyful and frustrating, emphasizing the need for improved communication and supporter engagement, with the search for a permanent chairman ongoing.

Written by urgent.news from BBC Sport's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at bbc.co.uk →

More in Finance & Markets

More from Tuesday 22 September →