European failure helps put Celtic £3.9m in the red

Celtic have announced a pre-tax loss of £3.95 million (€5.3m) last season.

European failure helps put Celtic £3.9m in the red
Sun, 13 Sep, 2015 - 01:00
Ronnie Esplin

The deficit for the year ending June 30 followed a profit of more than £11m (€14.9m) in the 2013-14 campaign.

Revenue fell by more than a fifth to £51.1m, a fall attributed to a drop in transfer income and the failure to reach the Champions League.

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