Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
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
What They're Saying: Bill Peterson    
"I don't think what's being called 'free agency' is very advantageous for the players. You look ...
MLS Trade Central: Team-by-team offseason moves    
MLS clubs spent the week putting the final touches on their rosters ahead of their Week ...
National networks step up MLS coverage    
MLS begins a new eight-year agreement with dedicated time slots on three networks. Friday's LA Galaxy-Chicago ...
Video Pick: Chelsea star injured without playing     
Chelsea defender Nemanja Matic was suspended for its English League Cup final win over Tottenham last ...
Josh Perez spurs big win for U.S. U-17s     
The USA can clinch a spot at the 2015 World Cup with a win in its ...
Top 10 new reasons why to get excited about MLS    
The Major League Soccer kicks off its new season this weekend. There's a lot to get ...
What They're Saying: Danny Cruz    
"This wasn't an easy decision. It's the hardest thing I've ever had to do in my ...
id2 all-stars tie, lose in first matches in Buenos Aires    
The id2 all-stars, U.S. Club Soccer's touring under-14 selection, played to a 3-3 tie with Velez ...
Moreno scores in Tijuana's Copa MX victory    
U.S. U-20 forward Amando Moreno has yet to play for Tijuana in its charge to the ...
Former MLS players dominate MLS coaching ranks    
The first 19 MLS titles have been won by 12 coaches. Six of the 20 current ...
>> Soccer America Daily Archives