3 hours ago
5
Celtic have announced a loss after tax of £4.8m for the year ending June 30, 12 months on from making a profit of £33.9m.
The club say the shift is largely due to the failure to secure Champions League participation last season.
The figures show revenue down by 22.7% to £111m (£143.6m in 2025), with the Scottish Premiership leaders reporting a cash in the bank total of £66.4m.
That figure was £77.3m in 2025.
Celtic had three different managers in 2025-26, with Brendan Rodgers departing and Wilfried Nancy fired after an eight-game reign, while chairman Peter Lawwell retired in December, citing "abuse and threats".
Describing the campaign as "more turbulent than anyone would have wished for", interim chairman Brian Wilson went on to congratulate Martin O'Neill and staff for "demonstrating extraordinary resilience" to deliver a league and Scottish Cup double.
Wilson went on to say that Celtic spent £31.6m this summer to recruit Kasper Hogh, Camilo Duran, Mika Baur, Haissem Hassan, Joel van den Berg and Jordan Lotomba, while loan deals were done for Landon Emenalo, Shumaira Mheuka, Sam Johnstone and Oliver Sorensen.
He did not reveal how much had been made from the sale of players, including Daizen Maeda, Arne Engels and Reo Hatate.
Celtic are again in the Europa League this term after a shock capitulation away to LASK in the Champions League play-off.
They are out of the League Cup and their Premiership lead has been cut to two points following back-to-back defeats by Rangers.
"The events of the past 12 months have been dramatic, sometimes joyful and at other points deeply frustrating," added Wilson.
"The departure of Brendan Rodgers was an unanticipated event which initiated a period of instability. In other circumstances, the appointment of Wilfried Nancy might have worked but his arrival in mid-season and the changes which followed clearly did not.
"Parting ways with Wilfried was hugely disappointing but decisive action had to be taken. The return of the great Martin O'Neill, supported by his backroom team as well as a fine squad of players, then proved to be a triumphant success."
Wilson referenced the need to improve "communication and supporter engagement", saying that work was "ongoing", adding that the search continues for a permanent chairman.
