Football rivalries · Money from the clubs' latest filed accounts
Celtic v Rangers, the Old Firm derby: who is winning on the books?
Celtic's turnover of £144m is £50m ahead of Rangers' £94m. Celtic made a pre-tax profit of £46m; Rangers lost £15m before tax.
Bigger turnover
Celtic
£144m v £94m
Pre-tax result
Celtic
£46m v -£15m
Which club is richer?
Celtic's turnover of £144m is £50m ahead of Rangers' £94m. Celtic made a pre-tax profit of £46m; Rangers lost £15m before tax.
For the full accounts comparison, turnover to ownership, see Celtic v Rangers in the VS Series.
Celtic spends more on wages, with staff costs of £75m against £58m. That is 52.1% of turnover at Celtic and 61.4% at Rangers.
| Latest filed accounts | Celtic Year to Jun 2025 | Rangers Year to Jun 2025 |
|---|---|---|
| Turnover | £144m | £94m |
| Turnover growth | +15.3% | +6.6% |
| Pre-tax profit | £46m | -£15m |
| Staff costs | £75m | £58m |
| Wages as a share of turnover | 52.1% | 61.4% |
| Net assets | £156m | £45m |
| Cash | £77m | £31m |
| Employees | 1,008 | 326 |
Figures from each club's latest accounts at Companies House: CELTIC PLC (SC003487) and RANGERS INTERNATIONAL FOOTBALL CLUB LIMITED (SC437060). Borrowings are Spark Intel's estimate from the balance sheet. Full club finances: Celtic and Rangers.
Celtic v Rangers: common questions
Which club is richer, Celtic or Rangers?
Celtic's turnover of £144m is £50m ahead of Rangers' £94m. Celtic made a pre-tax profit of £46m; Rangers lost £15m before tax.
Who spends more on wages?
Celtic spends more on wages, with staff costs of £75m against £58m. That is 52.1% of turnover at Celtic and 61.4% at Rangers.
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