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Higher than expected earnings? Celtic supporters should be getting something in return…
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.
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.
Celtic have said their earnings for the year ending on June 30, 2024 will be “significantly higher” than expected.
A year ago they hit a record £119.9m in revenues & announced they have £72.3m in the bank.
They’ll announce their latest financial results in September. pic.twitter.com/WKxwz56jeV
— Anthony Joseph (@AnthonyRJoseph) August 6, 2024
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