celtic record £15million profit

Joe Sullivan
Celtic’s Annual Results for the year ending June 30, 2007 were released today and, in terms of football and financial results, they have been deemed ‘arguably among the best ever’ by club Chairman, Brian Quinn.

The Chairman said: “In terms of both football success and financial results, 2006/07 was an outstanding year for Celtic Football Club and Celtic plc; indeed it was arguably among the best ever.

“Winners of the Bank of Scotland Scottish Premierleague and the Tennent’s Scottish Cup for the 41st and 34th time, respectively, the club also reached the final 16 of the UEFA Champions League for the first time and were defeated only by the eventual winners, AC Milan, by a single goal after extra time.”

The Preliminary Results feature many Operational and Financial Highlights but the biggest highlight, following a number of seasons featuring pre-tax losses is the fact that Celtic plc have recorded a £15million profit.

For full details of the Annual Report click here