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

2 October 2019

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

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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