The financial position of the club continues to be very strong
The sale of Kieran Tierney has offset any potential losses from the failure to reach the Champions League Group stages.
Yet, even if this sale had not been made, it is likely that our side would have posted a modest profit at the end of the current campaign.
Celtic’s financial position is extremely strong. Apart from being comfortable in terms of our wages to turnover ratio, we are sitting on a cash surplus that would see us through a couple of very lean years in a row, should such a disaster every arise.
To be honest, it is difficult to see anything which would – or could – cause such a crisis at the club.
Our ground is full for every game. Our season tickets are priced nicely; in spite of so many title wins and trophies, our season tickets aren’t even the most expensive in the country. The club is operating at a higher capacity – across the boards – than ever before.
More money means more to offer for players, in wages, in bonuses. I know the SFA pours scorn on the idea that the clubs with the most money have the most success, but let’s face it, that’s just another fig leaf on their failure to properly sanction Rangers for the illegal registration of players.
Everyone who watches football anywhere knows the truth of it.
Celtic’s financial power makes us the strongest club in Scotland, no matter what others might think.
With the cash coming in we can sustain our strength far into the future.