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: Kristi Lefebvre    
"Right now, we play multiple games in a 3-4 day span which makes it essential to ...
Molino hat trick powers Orlando City to 7-0 rout    
[USL PRO: Week 24] Kevin Molino added to his USL PRO scoring record with a hat ...
D.C. United and Galaxy close in on Sounders    
[MLS: Sunday] D.C. United opened up a four-point lead in the Eastern Conference with a 2-0 ...
Guzan's Aston Villa climbs into third place    
[AMERICANS ABROAD] Brad Guzan's Aston Villa beat Hull City, 2-1, to move into third place in ...
A-Rod and Holiday lead FC Kansas City to title    
[NWSL: Final] U.S. national team stars Amy Rodriguez and Lauren Holiday teamed up for both goals ...
FC Edmonton ends Minnesota's unbeaten streak    
[NASL: Fall Week 8] FC Edmonton ended Minnesota United FC's 11-game unbeaten streak with a 2-1 ...
Dempsey hits dozen mark with shin volley    
[VIDEO PICK: Golazo] Clint Dempsey scored his 11th goal of the season, and 12th since he ...
Turmoil in Toronto leads to shakeup    
[MLS SPOTLIGHT] Less than 24 hours after an embarrassing 3-0 home loss to New England and ...
What They're Saying: Steven Gerrard    
"If he plays like that for us every week and continues to improve, he could be ...
Reign players reward Harvey with turnaround    
[NWSL: Final] Englishwoman Laura Harvey was an easy choice for NWSL Coach of the Year, taking ...
>> Soccer America Daily Archives