If Celtic’s Premier Sports Cup win wasn’t hard enough to take for the Rangers fans, then the Swiss Ramble’s latest on the Parkhead club’s finances is going to be tough.
Celtic beat Rangers at Hampden in the Premier Sports Cup to take a step to winning the first piece of silverware this season.
After finishing last season trophyless, Rangers were hoping to get one over on Celtic under the Danny Rohl revolution.
That revolution was quashed by a Celtic side that looks like a different animal under Martin O’Neill as the Bhoys beat Rangers 3-1 on Sunday.
And to further compound Rangers’ misery, the Swiss Ramble has released a review of Celtic’s finances and it shows how the Ibrox side’s finances are dwarfed in comparison.
Swiss Ramble talks up Celtic’s ‘very impressive’ financial results
In a four tweet thread on social media, Swiss Ramble simplistically broke down how well Celtic have performed financially in season 2024/25.
The account stated on X, “A review of Celtic’s finances for 2024/25, when they again won the Scottish Premiership and reached the Champions League knock-out round.
“However, this season has proved more challenging, leading to the departure of Brendan Rodgers and an extraordinary club statement.”
The thread continued as follows, “Celtic’s financial results were very impressive, as they set records for both pre-tax profit, up from £18m to £46m, and revenue, which rose £19m (15%) from £125m to £144m, while profit from player sales increased from £7m to £31m.”
All of this is, of course, not new to Celtic supporters, but this is where it gets interesting when it comes to including Rangers.
Celtic’s ten-year profits as Rangers’ cash balance looks woeful
For months Celtic supporters were being told that their domination of Scottish football was coming to an end with the 49ers Enterprises’ investment in Rangers.
So far, that hasn’t happened as the thread continues, the strength of Celtic becomes even more apparent.
Ramble continued the impressive thread, “Celtic have posted profits in nine of the last ten years, the one exception being the COVID-impacted loss in 2020/21.
“As a result, they have generated an impressive £135m profit before tax over the last decade, including £104m in the last three years alone.”
“Going into this summer’s transfer window, the club had a huge £77m cash reserve, which is five times as much as the rest of the Scottish Premiership put together, with the next highest cash balances being miles lower at less than £3m”
With £77m in the bank, how does this compare to Rangers’? The Ibrox club have a measly £1.7m in their account, languishing behind Hibs (£2.9m), St Johnstone (2.8m), Aberdeen (£2.4m) and Hearts (£2.1m).
That does not make great reading and what’s the famous line being shared on social media right now? If Rangers think this is bad, wait till the takeover happens.
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