Celtic: Scottish champions announce £24.4m six-month profit - News Summed Up

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Celtic: Scottish champions announce £24.4m six-month profit


Kieran Tierney left Celtic to join Arsenal in August for a Scottish record £25m transfer feeThe Scottish record sale of Kieran Tierney helped Celtic to a pre-tax £24.4m profit in the final six months of last year, an increase of £5.6m on the same period in 2018. Revenue also rose, from £50m to £53.3m, while the club ended the year with £32.9m in the bank, down from £38.6m. Tierney's £25m move to Arsenal in August was key to a £900,000 hike in player trading profit of £7.1m. Neil Lennon's side also collected their 10th straight domestic honour by winning the Scottish League Cup final and have a seven-point lead at the top of the Premiership, having played a game more than Rangers. "By almost all key footballing measures, performance has improved relative to the same period last year."


Source: BBC February 07, 2020 19:50 UTC



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