Football - Good news for Celtic

Celtic's Champions League success helped virtually wipe out their bank debt as they made a pre-tax profit of almost £15million in the second half of last year.

PA Sport
Football - Good news for Celtic
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Celtic's net bank debt stood at just £130,000 on December 31 last year

Celtic's net bank debt stood at just £130,000 on December 31 - down from more than £7million 12 months previously, according to the club's interim report.

Celtic's turnover increased by 71% to just over £50million in the final six months of the year, with operating expenses up by 30% to almost £37million.

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