'Robust business model' at Celtic

Celtic have published an abbreviated set of financial data for 2020/21, reports Kieran Maguire. Income held up well due to record sales of merchandise and somehow generating £20m from the stadium operations during lockdown. Day to day losses just under £25m but reduced by £5m ‘other income’ and player sales.

Celtic balance sheet strong with £19m cash in bank mainly from season ticket sales receipts for 2021/22.

The full statements is here, referring to the club's 'robust business model': https://www.celticfc.com/news/2021/september/Celtic-plc-annual-results-2021/

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