CELTIC RANKED AMONG EUROPE’S TOP TEN MOST PROFITABLE CLUBS AND SURPRISINGLY POSITIONED ABOVE SOME TOP EUROPEAN CLUBS….

CELTIC RANKED AMONG EUROPE’S TOP TEN MOST PROFITABLE CLUBS

Celtic Football Club has been recognized as one of the top ten most profitable clubs in Europe, according to UEFA’s European Club Finance and Investment Landscape Report.

The report, hailed by UEFA President Aleksander Čeferin as the “ultimate guide to European football finances,” highlights Celtic’s impressive pre-tax profits. The Scottish champions reported a pre-tax profit of £17.6m, securing their place alongside European powerhouses such as Bayern Munich and Atalanta.

While Celtic’s pre-tax profit represents a significant decline from the £39.3m recorded in the previous year, the club’s financial performance remains a testament to their prudent management and successful player trading model.

The sales of Jota and Matt O’Riley, which generated £25m, were a key factor in Celtic’s profitability. Additionally, the club’s consecutive Champions League campaigns have provided a significant boost to their finances.

However, with the introduction of UEFA’s Financial Sustainability Regulations, Celtic will need to navigate a changing financial landscape. The club’s ability to adapt to these new regulations will be crucial in maintaining their financial stability and competitiveness.

“Celtic’s financial performance is a reflection of the club’s commitment to prudent management and sustainable growth,” said a Celtic spokesperson. “We are proud to be recognized as one of the top ten most profitable clubs in Europe, and we will continue to work tirelessly to ensure the long-term success of the club.”

As Celtic looks to the future, the club’s financial foundation will play a critical role in their ability to compete at the highest level. With their proven player trading model and commitment to financial sustainability, Celtic is well-positioned to maintain their status as one of Europe’s top clubs.