Celtic (CCP) H2 2025 earnings summary

Executive summary

• Achieved a domestic double, winning the SPFL Premiership and Premier Sports Cup in 2024/25, and reached the Scottish Cup Final and Champions League play-off round.

• Group revenue rose 15.2% to £143.6m, driven by increased matchday income and UEFA distributions.

• Profit after tax increased to £33.9m, supported by record player trading gains and reinvestment in the squad.

• Significant investment in infrastructure, including Barrowfield training facility and digital strategy enhancements.

• Women's team debuted in UEFA Women's Champions League; youth academy and B Team development continued.

Financial highlights

• Revenue: £143.6m (2024: £124.6m), up 15.2%.

• Operating expenses: £117.1m (2024: £105.4m), up 11.1%.

• Profit before tax: £45.7m (2024: £17.8m).

• Profit after tax: £33.9m (2024: £13.4m).

• Gain on sale of player registrations: £31.5m (2024: £6.6m).

• Year-end cash: £77.3m (2024: £77.2m).

• Capital expenditure: £10.7m, mainly on Barrowfield and stadium upgrades.

Outlook and guidance

• Europa League participation in 2025/26 after missing Champions League qualification.

• Strong start to the new domestic season, sitting atop the league table.

• Continued focus on balancing short-term performance with long-term financial stability.