Kieran Tierney just pushed the accounts into the black amid the Covid crisis. Clubs across football have been financially impacted by the shutdown, with the Premiership season ended early.
The impact of the pandemic has been laid bare in Celtic 's accounts as revenues fell 15.8 per cent to £70.2m against £83.4m.
The Parkhead club were still able to post a £100,000 pre-tax profit for the year, largely thanks to the sale of Kieran Tierney to Arsenal.