Celtic Records £4.8m Loss as Champions League Absence Hits Revenue Hard

Celtic Football Club has announced a £4.8 million loss after tax, a significant reversal from last year’s profit, with revenue dropping by 22.7% due to the failure to qualify for the Champions League. The past season was marked by managerial changes and the chairman’s retirement, though the club did secure a domestic double under Martin O’Neill.

Current challenges include Europa League participation, an early League Cup exit, and a reduced Premiership lead following recent defeats to Rangers, as the club continues its search for stability and a permanent chairman.