UEFA share how much money Celtic actually made from gate receipts last season, it’s a big change

The Celtic fans have always known that the club is cash-rich. The published annual accounts make no secret of that fact.

With record turnover and profits being recorded in last season’s annual statement, the club have never been in such great financial health.

Admittedly, games of football are not won on a balance sheet, as our recent Champions League campaign shows, but Celtic are doing a great job to ensure that they remain self-sustainable.

However, a recent report from UEFA has shared just how much Celtic raked in from gate receipts last season and where that ranks with some of the top clubs in Europe.

And it is fair to say that despite the disappointment of the Champions League campaign, the domestic treble run kept the fans coming in their droves.

Celtic are one of the best-supported clubs in Europe

A report from the UEFA Intelligence Centre published this week went into detail on the finances of all of the member clubs in the governing body and ranked them in seven key areas.

Total Revenue, Gate Revenue, Total Wages, Transfer costs per fan, Gate Revenue per fan, Gate Revenue and Balance Sheet Costs of Squad for 2023 all came under the microscope.

Out of the seven Celtic made the top 20 (19th) for gate revenue growth at €47m (£40.1m) which was up €4m (£3.42m) from the previous season. Ajax, Rangers and Roma all recorded similar ballpark figures.

Interestingly the report states, “This list of the top 20 clubs features many of the usual suspects, but the large supporter bases of Olympique de Marseille, Rangers FC, Celtic FC and AFC Ajax have propelled those clubs into the list.”

Celtic’s figure outstrips some European giants like Benfica, Napoli, Valencia and teams from the EPL like Everton and Aston Villa.

On top of that Celtic also made the top 20 list for clubs with the highest commercial revenue last season after making an incredible €54m (£46.1m) in 2023, up €10m (£8.55m) from 2022 almost matching the likes of Union Berlin from the Bundesliga (€57m), Fenerbache (€58m) and Serie A giants Napoli (€59m).

So with these strong financial results in mind, we can all expect the Celtic board to open the coffers next summer to help Brendan Rodgers strengthen the team accordingly, right?