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The plight of Rangers is doing little to discomfit Celtic

CELTIC will "survive" with no significant damage to the business whatever happens in the unfolding financial saga at Rangers.

Celtic's decision to address their signing policy has led to their first-team being filled with players who can all be sold on at a profit. Picture: SNS
Celtic's decision to address their signing policy has led to their first-team being filled with players who can all be sold on at a profit. Picture: SNS

That was the message from club executives yesterday as Celtic issued their interim financial results for the six months to December. These showed turnover increasing by 3.1% to £29.27m, operating expenses increased by 3.3% to £28.39m and a profit before taxation of £180,000.