Celtic PLC annual results for the year ended 30th June, 2031
Summary of the results –
Runners up in SPFL
Finalists in The Wetherspoons Cup
28 home games with 8 at max capacity
Entry to Europa League qualifiers, 4 rds.
Financial highlights –
Revenue decreased 7.3% to 49 million
Operating costs decreased by 11.2%
Gain on players sales of 12million up 29%
Acquisition of players 6.66million up 1%
Year end net cash 39million up 24%
Chairman’s statement –
Firstly the revenue. For the first time since I was invited to honour Glasgow Celtic by accepting a board seat, our revenue has slipped below the fifty million mark.
I was here on this very board when we announced we had broken the one hundred million mark, and what a party that was. To see income halved from that glorious point is a stain on the modern supporter.
I have met some, and their concerns were aired. And I told them exactly what I shall tell you,,
Our high powered team of lawyers assures me that not one single person who worked for the club has left then publicly bad mouthed either myself or the club.
I pride myself on that fact, which shows just how highly regarded we are within footballing circles.
The club can move forward, but it needs supporter funding to do so. And it’s clear the level of funding has dropped, which we on the board attribute to the modern Ceric supporter being much more uppity than previous generations.
Some must have never heard The Celtic Song which clearly states ‘We dont care if we win,lose,or draw’
The titanic tussle with Hearts for second place, from which we emerged victorious, a splendid victory itself, and also goes to show fan owned clubs will get nowhere.
We on the board are all confident that should enough funds be provided to dip into the transfer market we shall deliver the final pieces of the jigsaw.
Callum McGregor was a fantastic Captain, and now he’s proving to be an astute manager, he’ll surely deliver the big one sometime so don’t miss out!
What a league title party that shall be!
As for John Kennedy approaching his fourth decade with the club, we felt it only fitting to give him another testimonial with a special commemorative kit being released in tribute to our generation’s Mr Maley. He truly is a legend in the making, and what a testimonial it shall be when he does depart.
As for departure some still ask questions about my own, so I’ll take this opportunity to elaborate on my plans.
It was always my life long dream to work here until I was 88, such a special number, but then everyone around me convinced me I had so much more to offer not to mention a wealth of experience.
So I agreed a deal whereas I would give my formal notice two years to the day after the new chairman was hired, myself stepping aside to the clubs Champions League Committee. This was to ensure the new person was a good fit, with myself being the fall back option.
Unfortunately, it hasn’t worked to date and we on the board attribute this to the current global employee shortage.
As the old saying goes, good men are hard to find, and at a club like ours you need a particular range of skill sets to navigate each and every channel.
It’s been said I’m an excellent sailor.
Overall the club is healthy, there’s zero public reports otherwise. Every club has supporter grumblings, it’s part and parcel of being a global giant, and those who call themselves true Celtic supporters should heed the words of The Celtic Song.
We are all in this together, those who jump out now do not deserve to be there at the end.
A message from the CEO –
My fellow Celtic fans, it’s clear to see from today’s announcements that we sincerely know what we are doing, the grumblings are simply part and parcel of life as a global giant.
It’s a growing trend to pay at the gate across the entire footballing spectrum and I urge you all to read the T&C’s found somewhere on our website regarding walk ups on the night.
The £2.50 biometric reader fee is clearly in there, section 9.1 paragraph 5.
Credit cards became too much of a risk through fraud and then cash itself was found to have given several employees an allergic reaction so fingerprints with instant cash transfer no refunds on the day is not only groundbreaking, but it helps support the team by funneling a percentage of that biometric revenue stream into the player kitty.
All true fans should want to ‘Get their Thumbs out for the Bhoys!’.
The process couldn’t be easier,
Download the ThumbsUpTims app,
Then have your doctor cosign your local councillors endorsement along with a current bank statement.
We then designate you a priority code to use, not based on your savings obviously.
Please do not harass the security staff, they are all just trying to do a job.
Globally the club has never been more recognizable. Our famous rivalry continues to grow, we are one step closer to 150 shared Old Firm league titles, and what a testimonial that shall be.
Although undergoing a period of rebuilding Manager McGregor had an outstanding finish to the season just popping Hearts to that precious second place spot savoured by soo many but attained by only one.
All of us upon the rollercoaster agree it was a special season indeed.
Speaking of special, what a night John Kennedys third testimonial shall be and we shall even be launching a special commemorative kit for the occasional.
Buying one recognizes what Big John has given for the club.
Just £59.99 on the night to appreciate our generation’s Mr Maley.
The Desmond family continue to be the bedrock of our great institution, rest assured the club is backed by a true billionaire.
We are all disappointed at slipping below 50 million in revenue, but believe our fans have it within their hearts to understand the unique circumstances the club finds itself in, and shall return in record numbers.
The ongoing rebuild has not been easy on anyone, but this is the new normal in the footballing world. With Covid and Brexit, our home grown only strategy is noble and we believe shall deliver success if Manager McGregor is given time, with Big John at his side. Our rivals have shunned the homegrown only strategy with some success, but the board believe this will come back to bite them some day, as studies show the dressing room is best controlled by natives and then you have the fact there’s zero public denigration of the club by ex employees,,
All signs point towards a well run club with a plan.
Callum McGregor WILL hoist that league trophy high one day, that’s my bold prediction and you are all welcome to hold me to it.