Celtic PLC updates London Stock Exchange on higher than expected earnings

Higher than expected earnings? Celtic supporters should be getting something in return…

Celtic Chairman Peter Lawwell and Chief Executive Michael Nicholson in the directors box. Celtic v Kilmarnock, Cinch Scottish Premiership, 17 February 2024. Photo Stuart Wallace Shutterstock
Celtic v St Mirren – Peter Lawwell and Michael Nicholson in the stands during the cinch Premiership match at Celtic Park, Wednesday November 1, 2023. Photo Andrew Milligan

Celtic released this statement to the London Stock Exchange that the seasons earnings will be significantly higher than expected.

This unexpected news will be received with much back patting within the walls of Celtic Park as the champers is burst open as the suits celebrate yet another healthy bonus heading their way.

Yes they are business folk and they run the club effectively and efficiently, and making money is their forte, but it’s a bit of kick in the teeth to me and you, the ordinary every day supporter. We buy our season tickets, our cup tickets, our Champions League packages and we splash out on merchandise. That investment has more than contributed to the massive profits the club are keen to show off to the world.

What do we get in return? A squad that’s weaker than last season, and on the verge of losing one of our most valuable players. That isn’t good enough and we deserve more.

Matt O’Riley of Celtic poses for a photo with the PlayStation Player Of The Match award after the UEFA Champions League match between Celtic FC and Atletico Madrid at Celtic Park on October 25, 2023. (Photo by Jan Kruger – UEFA/UEFA via Getty Images)

The club are rolling in cash and that will swell further once Matt O’Riley is inevitably sold for around £25m, not to mention the guaranteed bounty of Champions League cash.

There is no excuse. The club are shouting from the rooftops about how rich they are. It should now be invested in the playing squad.

We’ve more than done our bit. We should be getting rewarded for our efforts in making the club a very handsome profit. If not the Celtic supporters could rightly vent their anger at our custodians.

Just an Ordinary Bhoy

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About Author

An ordinary everyday Celtic supporters hailing and still residing in Govan in the shadows of the enemy. I’m a season ticket holder. I Witnessed my first Celtic game in 1988 and have attended when I can ever since. Growing up in the 90s I witnessed Celtic at their lowest, and now appreciate the historic success we enjoy today. I enjoy writing about this wonderful football club and hopefully will continue to do so. I’ve always been a keen writer and initially started this a hobby. My ambition is to one day become as good an author as my fellow Celtic Star colleagues.

1 Comment

  1. Personally believe that the Celtic board have just lit a fuse upon a time bomb ticking imo?
    Either they are very confident that the remainder of this window will be a success, that the majority of our support will be happy and content with?
    Or more worryingly it’s just a show of utter disregard towards the footballing department within our club?
    The majority of our support couldn’t give 2 hoots about what goes on with the stock exchange?
    However, we do expect a board to deliver the best possible product available to watch, moreso than any share price?
    The timing of such an announcement is very suspicious also imo?
    Why boast about extra income generated, when such a demand on money actually to be spent?
    Especially with things as they currently are within the club, regarding transfer dealings or lack of currently?
    More profits gained, while driving the price for Paulo down?
    Very dangerous game the board are currently playing, and the release of such a statement is hardly the best timing to be doing so either imo?
    No one within Scottish football has the ability to stop our dominance.
    But if this board think that they will take it upon themselves to stop us?
    Then they better start thinking again, and very quickly also imo?