Player sales help Celtic to profit despite lack of Champions League income

2 October 2019

Celtic
Photo: Getty Images Celtic FC have won the Scottish League Championship 50 times, the Scottish Cup 39 times and the Scottish League Cup 18 times.

Celtic's accounts for the 2018/19 season show a pre-tax profit despite the lack of Champions League income.

However, the club's revenue decreased significantly.

Christian Fomsgaard Jensen cfj@offthepitch.com

The Scottish champions, Celtic FC, have published their financial accounts for the 2018/19 season, showing a pre-tax profit of £11.3 million (down from £17.3 million the year before), according to SportsPro Media. 

Despite winning the Scottish domestic treble for a third consecutive year and reaching the UEFA Europa League round of 32, the club saw their revenue decrease almost 18 per cent to £83.4 million, due to their failure to qualify for the UEFA Champions League. 

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