Celtic finances and accounts
Celtic turned over £125m in 2023/24 and paid £66m in staff costs, which is 52.7% of everything the club earned.
Revenue by season
What Celtic turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Celtic does not report on its own.
| MEASURE | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | 2017/18 | 2016/17 | 2015/16 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | £124,580,000£124.6m | £119,851,000£119.9m | £88,235,000£88.2m | £60,781,000£60.8m | £70,233,000£70.2m | £83,410,000£83.4m | £101,573,000£101.6m | £90,639,000£90.6m | £52,009,000£52.0m |
| Staff costs | £65,595,000£65.6m | £60,844,000£60.8m | £58,883,000£58.9m | £51,710,000£51.7m | £54,320,000£54.3m | £56,094,000£56.1m | £59,335,000£59.3m | £52,190,000£52.2m | £36,888,000£36.9m |
| Player amortisation | £11,483,000£11.5m | £12,088,000£12.1m | £13,045,000£13.0m | £11,821,000£11.8m | £12,244,000£12.2m | £9,709,000£9.7m | £8,768,000£8.8m | £7,546,000£7.5m | £4,953,000£5.0m |
| Other operating costs | £105,394,000£105.4m | £95,432,000£95.4m | £91,728,000£91.7m | £74,353,000£74.4m | £80,549,000£80.5m | £86,904,000£86.9m | £87,083,000£87.1m | £76,329,000£76.3m | £57,249,000£57.2m |
| Profit on player sales | £6,637,000£6.6m | £14,441,000£14.4m | £29,029,000£29.0m | £9,435,000£9.4m | £24,188,000£24.2m | £17,717,000£17.7m | £16,454,000£16.5m | £2,279,000£2.3m | £12,644,000£12.6m |
| Operating result | £14,543,000£14.5m | £40,141,000£40.1m | £6,229,000£6.2m | -£11,291,000£11.3m | -£329,000£329k | £11,520,000£11.5m | £18,035,000£18.0m | £7,517,000£7.5m | £730,000£730k |
| Pre-tax result | £17,825,000£17.8m | £40,697,000£40.7m | £6,136,000£6.1m | -£11,492,000£11.5m | £101,000£101k | £11,312,000£11.3m | £17,271,000£17.3m | £6,897,000£6.9m | £459,000£459k |
| Wages to revenue | 52.7% | 50.8% | 66.7% | 85.1% | 77.3% | 67.3% | 58.4% | 57.6% | 70.9% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Celtic paid £66m against £125m of revenue, so 53p of every pound went back out as pay.
Scottish Premiership revenue
The 8 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Celtic make?
Celtic turned over £125m in 2023/24.
What is the Celtic wage bill?
Celtic paid £66m in staff costs in 2023/24, which is 52.7% of revenue.
Do Celtic make a profit?
Celtic made a pre-tax profit of £18m in 2023/24.
The accounts behind these figures
Company number SC003487. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.