Celtic have issued a positive update to the London Stock Exchange following the mega-money sale of Jota earlier this week.

The Portuguese winger joined Saudi giants Al-Ittihad in a deal worth £25million following two successful years in Glasgow.

Jota helped Celtic to two league titles during his time with the club, scoring 27 goals over a two-year spell in all competitions.

And it now appears that he has helped the club out majorly in a financial sense too as the club updated the London Stock Exchange.

A statement to the LSE read: "Celtic has enjoyed a strong on pitch performance in the 2022/23 football season having won the domestic treble.

"In addition, it has enjoyed a successful year in generating gains from player trading.

"As a result of such gains, Celtic now expects earnings for the year ended 30 June 2023 will be significantly higher than previous expectations, which were formed before the conclusion of the season and prior to certain player disposals.”

Sales of key duo Giorgos Giakoumakis and Josip Juranovic will also have helped Celtic financially with the pair exiting for fees worth £12.5million.

The Scottish champions will confirm their annual financial results in September.

Meanwhile, Daizen Maeda has handed Celtic another attacking boost by signing a new deal until June 2027.

The 25-year-old Japan forward has become a key player for the Hoops since taking only four minutes to score his first Celtic goal on debut against Hibernian in January 2022, following his move from Yokohama F Marinos, initially on loan.

Fellow Japan international Kyogo Furuhashi also signed a new deal earlier in the week which takes him to 2027 and has now been joined by Maeda, who scored in the 2022 World Cup in Qatar against Croatia amidst a treble-winning season for Celtic.

He told the club’s official website: “It is a very happy moment for me and my family.

“Since we moved from Japan, everyone at the club and, of course, the supporters have been amazing and we are enjoying our life in Scotland.

“Celtic is a special club so I’m very pleased to extend my stay here. When I signed I said that my ultimate goal was to win the league and we have done so, twice.

“Becoming a treble winner last season has been one of the highlights of my career but we must now prepare for next season.

“Our aim will remain the same, to work hard together with the manager to bring success to the club and our supporters.

“We have three trophies to defend, and we also have Champions League football, so I am excited to get started.”