Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Soccer World Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds Game Report
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
6. CELTIC: Mid-year profits reach $36 million
February 16th, 2007 1:33AM
Subscribe to Soccer America Daily

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
USL Rewind: MLS expansion candidates drawing well    
Sacramento, San Antonio and Cincinnati have all been mentioned in recent weeks as MLS expansion candidates, ...
NWSL Rewind: Spirit makes it three in a row    
Despite a change in coach, the Washington Spirit is off to the best start in the ...
NASL Rewind: Big win for Cosmos before small crowd    
NASL defending champion New York Cosmos ended a two-game losing streak with a 1-0 win over ...
Futsal: U.S. names Concacaf Championship roster    
U.S. coach Keith Tozer has named a 14-man roster for the Concacaf Futsal Championship in San ...
Video Pick: Top MLS golazos of Week 9    
In perhaps the most impressive collection of MLS Goal of the Week nominees this season, Week ...
What They're Saying: Lionel Messi dietitian Giuliano Poser    
"The human mind is like a parachute. It only works when it's open." -- Lionel Messi ...
What They're Saying: Ukraine's Taras Stepanenko    
"I'd like the whole country to know my friendship with Yarmolenko has ended." -- Shakhtar Donetsk's ...
Bobby Wood, the USA's top summer target    
The most sought-after striker in the German second division is American Bobby Wood, who has scored ...
U.S. U-19 men beat Russia to lift Slovakia Cup    
The U.S. U-19 men's national team, coached by Brad Friedel, beat Russia, 2-1, to win the ...
MLS Power Rankings: Top three teams hold their spots    
A wonderful goal by Giovani dos Santos -- his fourth in three matches -- tied the ...
>> Soccer America Daily Archives