Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySoccer World DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America ClassifiedsGame Report
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
6. CELTIC: Mid-year profits reach $36 million
February 16th, 2007 1:33AM

MOST READ

MOST COMMENTED

So you think there's no money to be made in soccer?

Scottish champion Celtic announced profits of 17.9 million pounds (almost $36 million) for the first six months of its fiscal year.

Celtic benefited from its participation in the UEFA Champions League, where it has reached next week's round of 16, and long-term sponsorship deals with Nike, T-Mobile and MBNA. The Glasgow club reportedly made almost $4 from foreign tours of the USA, Poland and Japan, where midfield star
Shunsuke Nakamura is hugely popular. Before Nakamura arrived, there were 100,000 TV subscribers for the Scottish Premier League in Japan; now there are 1.2 million.

What makes Celtic's financial picture even more amazing is the the SPL doesn't benefit from a big TV contract like the EPL to the south does. Celtic has received less than $2 million for TV rights for far this season.

Celtic has opened up a big lead on archrival Rangers on the field (19-point advantage) and on the bottom line (Rangers reported a loss of almost $3 million).


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Soccer America Daily
Gold Cup: Chicharito out with broken collarbone    
Mexican star Javier "Chicharito" Hernandez, who has been linked to a move to MLS's Orlando City, ...
What They're Saying: Jill Ellis    
"I have absolute faith and trust in our medical team to do the right thing. I ...
What They're Saying: Sepp Blatter    
"I am a religious person and pray, too. I own a golden cross that has been ...
Video Pick: Carli Lloyd recalls Jersey roots     
If you want to know more about U.S. Women's World Cup captain Carli Lloyd, scorer of ...
Three takeaways from Japan-England     
Defending champion Japan returned to the Women's World Cup final thanks to a 2-1 win over ...
ICYMI | MLS: 'Sky is the limit' for Fire's Magee    
The return of 2013 MLS MVP Mike Magee comes at a good time for the Chicago ...
Jordan Morris will miss at least month with stress fracture    
Rampant speculation over the short-term and long-term futures of Stanford University and U.S. forward Jordan Morris ...
Open Cup: Red Bulls pound Cosmos, SKC's Dywer hits four    
A year ago, the New York Red Bulls were crushed by the New York Cosmos, 3-0, ...
USL Roundup: Schuler on the way back    
Defender Chris Schuler, an important player for Real Salt Lake, marked his comeback by playing for ...
U.S. Abroad: Cody Cropper joins MK Dons    
American goalkeeper Cody Cropper has signed with MK Dons, which last season won promotion from the ...
>> Soccer America Daily Archives