Celtic join mega rich in UEFA profit party as club cash reserve makes elite Euro heavyweight list
dailyrecord.co.ukCeltic have been named by UEFA as one of the most profitable clubs in Europe amid scrutiny of the Parkhead board for their perceived lack of spending.The Scottish Premiership title race is up in the air after Brendan Rodgers' side were overtaken at the summit by Rangers off the back of a quiet January window.
Nicolas Kuhn came in the door while Adam Idah arrived as a late loan addition from Norwich City on loan. But with pressure mounting at Celtic Park, the fans have put the board in the spotlight.However, it cannot be argued the club’s model of player trading has failed to be a success.
The model that has been employed in Glasgow's east end during the 2022/23 season saw Celtic named by European football's governing body as the the sixth most profitable side out of the 132 clubs in 32 countries that provided UEFA with their early 2023 data.
This shows the Hoops made a pre-tax profit of £40.3million during the period.During the period, Celtic sold the likes of Josip Juranovic and Giorgios Giakomakis in the January window.
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