Celtic plc annual results for year ended June 30, 2025

Aye, its the Tax on profit we get hammered on?

 

Yeah it’s more the fact we should be spending more of what we bring in to improve the club and team on the pitch so that our profit figure is lower and therefore subject to a smaller amount of tax.

Now as others have said this can’t all be on players as fees are split over the length of their contract and amortised, so it’s only a percentage of the fee that counts in a given year.

However, we could spend some more there, some more on our set up such as coaching for youth teams, the stadium it’s self, and that could include the museum concept, we have done Barrowfield now but without the investment in coaching and how we actually get talented kids into the first team that’s probably a waste.

Being fair they won’t have to worry too much about it this year as no Champions league probably means little or no profit.

Most businesses will have a wish list of ready to go projects and move forward with them if they found themselves in the sort of position we did.

 

So we get to the stage we have a full years worth of revenue before we then start to actually spend the money we bring in each season?

But where is that point?

During the deilia years it was circa £54m revenue.
Last two years it's circa £120m (Rodgers first year was circa £103m)


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I get them saving some in the bank for years we do miss out. Thats fine imo. However that should mean we are spending all profit we make each season now to improve instead of paying more than our record signings in tax. Thats just stupidity now. Invest every single penny of profit in the team and facilities. Break even or pay minimal tax.

We just paid enough in tax that could have paid for huge digital screens/partyLEDs or something ace to cover the metal outside the stadium since the * can't negotiate for any players until the final day.

 

Imagine we actually did spend £33m on players to break even. Spent wisely that would be some amount of quality we could've brought in.

 

Its crazy. Thats exactly what we should have done then it would have technically saved £12m.. even if maybe the squad wages etc had to be kept at a level to avoid huge losses non champion league years.. then spend half on players and half of improving the stadium/training facilities etc. When you've got a huge safety net in the bank, we can now safely spend all profit to avoid tax.

 

See how much we've paid on tax this year, it's £12m was it? More than we paid for Engels?

What still baffles me (but think Blochairn and others do a good job explaining), is that if we are making that much profit to pay £12m in tax, then how in the * did money at the bank only go up by £100k?

The explanation the guys give for more paid upfront for players bought and money paid in installments for players sold, is fine - but I still can't grasp how it's that small of a bank increase?
Does that then mean, along with as you say, surely from here out we spend all of the money before posting profits, we actually intend to get MORE money in the coming seasons as these deals for players sold are paid off?
It would also mean, if we wanted to, for a couple years, we could pay some transfers also in installments (most clubs do), meaning our annual transfer kitty can be stretched even more so?

At some point, even if these arseholes remain in situ, they have to realise they're gonna need to spend big at some stage?

What is the end goal if not?


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Aye well thats in the £20m plus bracket

 

Ayr we are due

Aye we are due £24m plus in cash receivable still to come in front fees for the sales from last season

 

Once the full report is published few of us will do a deep dive into it eh @Foley1888 @Agathe17
There is another user pretty clued up so forgive me for not tagging you whomever you are

 

What we dont need financial backgrounds in is to know to pay £12m in corporation tax is * gross negligence.

Be interesting to see the board remuneration in the full report.