Celtic Made a £46m Profit in a Season That Proved How Far Ahead of Scotland They Are

In the 2024-25 season covered by these accounts, Celtic won a fourth straight Scottish title, beat Rangers on penalties in the League Cup final and reached the Champions League knockout play-off round, where they went out to Bayern Munich 3-2 on aggregate. The expanded league phase guaranteed eight European matches rather than six, and the money followed.

Turnover rose by around 15% to around £140m, up from around £120m, driven by matchday income and UEFA distributions from that Champions League campaign. That is around £50m more than Rangers and several times the turnover of any other club in the league. Celtic are the only Scottish club whose income is shaped by the Champions League year after year.

Pre-tax profit reached around £46m, up from around £18m. Player trading did much of the lifting: the club booked a gain of more than £30m on player sales, with Kyogo Furuhashi's move in January 2025 the headline deal. Celtic sell well, and they sell without needing to, which keeps the price high.

Staff costs rose to around £70m, roughly half of turnover, a ratio most Scottish clubs can only dream of. Cash stood at around £80m at the year end and net assets at around £160m. The group employs just over 1,000 people, far more than any rival, reflecting its retail, catering and stadium operations. The balance sheet is the real weapon. With that much cash and no reliance on an owner, Celtic can absorb a bad European year that would hurt anyone else in Scotland.