Celts under less pressure to sell

Celtic chief executive Peter Lawwell has declared the club will be under less pressure to sell players next summer after recording a pre-tax profit of almost £10 million (€11.8m).

Celtic’s annual figures show a 48% jump in group revenue to £75.8m (€90.1m), boosted by their run to the last 16 of the Champions League.

The Scottish champions announced a profit before tax of £9.7m (€11.5m) in the year to the end of June 2013, a performance that wiped out their bank debt and left them with £3.7m (€4.4m) cash in the bank.