Celtic Announce £4m Pre-Tax Loss

The Scottish Premiership giants Celtic Glasgow have made a pre-tax loss of almost £4m in the year ending 30 June compared to a profit of £11m the year before.
Revenue fell by more than a fifth to £51.1m. Celtic still made a £6.8m gain on transfers but that was down from more than £17m in the previous 12 months.
Chief executive Peter Lawwell described last season as a "transition" on the park under new manager Ronny Deila and a "challenging" one off the field.
Revenue fell by more than a fifth to £51.1m. Celtic still made a £6.8m gain on transfers but that was down from more than £17m in the previous 12 months