Celtic have announced an annual profit of more than £40m ahead of their Champions League opener against Feyenoord on Tuesday.
The Scottish champions saw revenues increase to £119.9m for the 12 months from July 2022 to June 2023, up from the £88.2m recorded for the same period the previous year..
They made a profit of £40.7m last season, up from £6.1m the previous season, mostly because of their participation the Champions League, meaning they had £72.3m in the bank “net of bank borrowings” on June 30.
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