Celtic have reported they are on course for "significantly higher" earnings than previously expected when they release their financial results in September.

The news comes under a year since they hit record £119.9m revenues and announced they have cash holdings of £72.3m.

And the good news keeps on coming for Celtic money-men with Matt O'Riley attracting interest that will likely see him become Scottish football's record sale as well as an automatic place in the new incarnation of the Champions League which could earn the club as much as £60m.

In a statement to the LSE, they stated: "Celtic has enjoyed a strong on pitch performance in the 2023/24 football season having won the domestic double. In addition, it has enjoyed a successful year in generating gains from player trading. As a result of such gains and a strong end to the season from a footballing perspective, Celtic now expects earnings for the year ended 30 June 2024 will be significantly higher than previous expectations, which were formed before the conclusion of the season and prior to certain player disposals.

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"Player registration valuations and player trading can and often do materially influence Celtic's financial performance in addition to trading revenue. The summer transfer window is underway and following the closure of the window and the finalisation of the year end balance sheet review, the club will then be in a position to confirm the extent of its earnings by publishing its results for the year ended 30 June 2024, in line with its usual timetable in mid-September 2024."