Celtic have been named as one of the most profitable clubs in Europe by UEFA.
The club’s own most recent financial report revealed a significant decline in revenue and profit compared to previous years. It covered the six months before 31 December 2025.
A huge £26 million reduction in UEFA income was caused by Celtic’s disastrous Champions League qualifying exit to Kairat Almaty.
But these numbers, coming from the chiefs of European football, cover a much happier European season for the club.
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Celtic named one of Europe’s most profitable clubs by UEFA
The report reveals that £41 million came into Celtic over the course of last season, a rise from £32 million the season prior. This is their highest-ever revenue.
In terms of profit, Celtic are among the top four clubs in Europe with a pre-tax total of £47 million.
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Only Lille, Crystal Palace and Atalanta rank higher in terms of pre-tax profit.
It’s a tad intriguing that Palace have gone through a similar situation to that which saw Brendan Rodgers resign at Celtic this season. Oliver Glasner has been very public about his discontent at their failure to replace key players sold for big money.
From kit sales, deals and ‘merchandising activities’, Celtic brought in £31 million. This is a staggering total that makes up a significant part of the club’s revenue.
This is from a world pre-Not Another Penny, the ongoing campaign from the Celtic Fans Collective aimed at punishing the club for their cash-hoarding.
UEFA describe the most recent SPFL TV deal as a ‘positive story’, though many in the country would dispute that given our close proximity to the money-spinning heights of the Premier League and EFL down south.
Even ‘low-latency betting rights’ have benefitted Celtic according to the report, with almost £60 million being made for Scottish and English clubs by their sale.
In terms of gate receipts, the club’s total of £51 million is among the top 25 clubs in the continent. These figures are going up and up in a world of densifying fixture schedules.
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Brian Wilson on Celtic’s finances
Discussing the club’s finances in player trading in the club’s recent interim report, chairman Brian Wilson said on Celtic’s website: “The decline in H1 revenue compared to the same period last year is primarily due to Europa League participation as opposed to Champions League participation, which we had last season.
“This reflects the lower media rights values associated with the competition along with lower ticket pricing.
“The reduction in profit from trading was driven almost entirely by the reduction in revenue. There was also a lower level of net gains from player trading, with £21.5m in the prior period compared to £14.1m in this one.
“The latter figure included the disposal of Nicolas Kühn, Gustaf Lagerbielke, Marco Tilio and Adam Idah.
“The reduction in operating profit also included an increase in amortisation over the previous year from £6.4m to £7.1m reflecting the investment in the first team squad.”
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