September 23 – In a season which saw them win the 2025/26 SPFL Premiership and Scottish Cup double, qualify for the knockout stages of the Europa League and play 29 home games, Celtic still posted a pre-tax financial loss of £6.6m.
It was a chaotic season for Celtic, who unexpectedly lost manager Brendan Rogers, then had a terrible run of results under Wilfried Nancy, before bringing Martin O’Neil back to the club and with him some performance stability.
During the season, the club recorded revenue of £111 million, down from £143.6 million in 2025 when playing in the Premier League. In 2025 the club recorded a profit of £45.7 million.
While revenues fell, operating expenses, including wages, rose, rising 4.3% to £221.1m, up from £117.1m in 2025.
Interim chairman Brian Wilson highlighted in his statement that Celtic spent £31.6m this summer to sign Kasper Hogh, Camilo Duran, Mika Baur, Haissan Hassan, Joel van den Berg and Jordan Lotomba, while loan deals were made for Landon Emenalo, Shumaira Mheuka, Sam Johnstone and Oliver Sorensen.
Overall earnings from the sale of player records were £16m (£31.5m in 2025).
“The 2025/26 season was more turbulent than anyone could have wished for, although it ultimately ended with one of the most spectacular title wins in our history as we clinched the SPFL Premiership in the dying moments of the game before adding the Scottish Cup to complete a double a week later,” Wilson said.
“I congratulate Martin O’Neill, the home team and the players for showing extraordinary resilience throughout the title clash and thank our supporters whose support was crucial to the result.”
The 2026/27 season has already “brought mixed fortunes”, with Celtic losing their Champions League tie in the second leg defeat to LASK and also having been knocked out of the League Cup.
“We now move on to the Europa League and pursue our defense of the Premiership and Scottish Cup, with a renewed commitment to success,” Wilson said.
Without Champions League football, to improve financial results they will need a long and deep run in the Europa League.
“The events of the past 12 months have been dramatic, at times joyful and at other times deeply frustrating,” Wilson said.
But he ended his statement positively. “We have many excellent people working for Celtic Football Club, each and every one committed to its identity, values and continued success,” he said.
“I thank all of them for their contributions in all aspects of the Club’s affairs. Our thanks also go, as always, to the supporters who have always been and will always be the soul of the Club.”
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