From BBC Sport · · 1m 20s
Celtic posts £4.8m loss after Champions League miss
Scottish champions' finances take a hit as revenue drops 22.7% following failure to reach Europe's top competition.
In brief
Scottish champions' finances take a hit as revenue drops 22.7% following failure to reach Europe's top competition. Missing the Champions League cost Celtic tens of millions in revenue, turning a £33.9m profit into a £4.8m loss. Originally reported by BBC Sport.
Celtic swings to £4.8m loss
The Scottish club reported a loss after tax of £4.8m for the year ending June 30, a dramatic turnaround from a £33.9m profit the previous year.
Champions League miss costs millions
The club attributes the loss largely to failing to secure Champions League participation last season, which significantly reduced broadcasting and competition revenue.
Revenue drops 22.7% to £111m
Total revenue fell from £143.6m in 2025 to £111m this year, while cash reserves dropped from £77.3m to £66.4m.
Managerial chaos disrupts season
Celtic had three different managers in 2025-26 after Brendan Rodgers departed and Wilfried Nancy was fired following just eight games, before Martin O'Neill steadied the ship.
“The departure of Brendan Rodgers was an unanticipated event which initiated a period of instability.”
Summer spending of £31.6m
Celtic invested £31.6m on six new signings including Kasper Hogh, Camilo Duran, and Mika Baur, plus loan deals for four players.
Europa League awaits after LASK shock
Celtic will compete in the Europa League this season after a shock elimination by LASK in the Champions League play-off, with their domestic lead cut to just two points.
The big picture
Missing the Champions League cost Celtic tens of millions in revenue, turning a £33.9m profit into a £4.8m loss.
