Celtic boss Neil Lennon ‘brought back passion’
Celtic chairman John Reid has praised manager Neil Lennon for restoring “pride and passion” as the club reported a return to profit and a reduction in bank debt of more than £5m.
Celtic's preliminary financial results showed a profit of £102,000 for the year ending June 30, which followed a loss of more than £2m in the previous 12 months.
The club reduced their net bank debt to £530,000, well down on last year's total of £5.85m and the half-year figure of £9.1m.
Reid referred to threats made against Lennon (right) when he praised the manager for the “remarkable strength and character” shown in his first full season in charge.
“At Celtic our expectations of a manager are so high that it is easy to overlook just how challenging that job is,” the former Home Secretary said.
“In his first full season as a manager Neil has succeeded in restoring a pride and passion to our play, showcasing emerging talent and uniting our supporters.”