Parkhead success will wipe out debt

The balance sheet at Celtic has benefited hugely from the club's participation in the Champions League this season.

Loading Comments
Peter Lawwell happy to balance books at Celtic
Peter Lawwell happy to balance books at Celtic

Chief executive Peter Lawwell was, as you would expect, quite delighted to announce the club had virtually wiped out their £7million bank debt.

The good stewardship of the club off the park allied to the way the players and the manager have performed on it have put Celtic in a very strong position.

Because things have been good for Celtic on the park, business has been good off it. And with Gary Hooper and Victor Wanyama looking odds on to leave the club this summer, the challenge for Celtic will be to look for their replacements while trying to build on the foundations that have been set this season.

John Park has done a fabulous job of overseeing the scouting network at the club and their preparatory work will already be well underway for the summer.

There is a strong sense of realism among fans who know that the club cannot come anywhere near competing with so many other leagues, simply due to a question of financial resources.

But the scouting side of the club have been particularly successful in recent years and these are the avenues that the club will look to exploit again.


Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.


Have you got a story?

Contact the news desk on 0141 302 6520 or email
Janice Bell

Janice Bell

You Couldn't Make This Up

Sun, sea and sangria beats an active break.




Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

The Look Awards, a bra fitting and going veggie at Usha’s.

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.