Football Insider has been told by Kieran Maguire that the financial results of Celtic are 'staggering' after they posted revenues of £120million.
They generated more revenue than the whole of the SPFL combined if you exclude Rangers – that’s how dominant they’ve become.I think that shows that under Peter Lawwell in particular, they’re a very prudently run club.
We don’t know what the wage bill was for last season because that has not yet been disclosed, but clearly it must be under significant control.So they are spectacular results and if you read the press release and the chairman’s statement they are aiming for Champions League football each year.But they’ve got enough cash in the bank to ensure that if that isn’t achieved, then they don’t have to go and change strategy rapidly.
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