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Celtic Duo Receive Six-Figure Bonuses Amid Fan Backlash

Celtic chief executive Michael Nicholson’s total remuneration package rose above £900,000 during the financial year ending June 30, 2026, according to the club’s latest annual report. The annual report records Nicholson’s total remuneration, including pension contributions, at £904,456. That was…

Published: Friday, 6 November 2026 at 9:00 PM
Celtic Duo Receive Six-Figure Bonuses Amid Fan Backlash
Key Things to Know
  • Celtic chief executive Michael Nicholson received a £257,717 bonus as part of a £904,456 total remuneration package.
  • Chief financial officer Christopher McKay saw his total package increase to £626,250 from £532,690 the previous year.
  • Celtic stated the bonuses related to financial performance for the year ending June 30, 2025, rather than 2025/26.
The Story in 60 Seconds

Celtic executives Michael Nicholson and Christopher McKay received substantial remuneration increases and six-figure bonuses, according to the club's latest annual report. Chief executive Nicholson's total package rose to £904,456, which included a basic salary of £528,664 and a £257,717 bonus. McKay's overall package increased to £626,250, up from £532,690 the previous year.

The accounts note that executive bonuses awarded during the reporting year were based on financial performance for the period ending June 30, 2025. Although Celtic recorded a post-tax loss for 2025/26, the report explains that bonuses were tied to prior targets. Overall board remuneration reached £1.812 million ahead of the club's December 1 AGM.

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