Celtic reveal massive pay rise for chairman Lawwell

Peter Lawwell has received a 50% pay rise for his role as Celtic’s executive chairman.

The 2024 annual report reveals the club’s former chief executive received a salary of £120,000 plus benefits in kind of £2,874.

Lawwell became chairman on 1 January 2023 with the 2023 annual report recording a six-month salary of £40,000.

There has been no obvious change in the role of the club president, beyond the stock market regulations on the annual report, general meeting and interim accounts until December 31, nothing has been heard of Lawwell, nor of CEO Michael Nicholson.

With direct entry into the Champions League for the second consecutive season, Celtic posted a record turnover of £124.6m with a recorded profit of £17.8m.

In 2023 Nicholson had a total club fee of £711,937, in the year to June 2024 this figure rose to £836,325, an increase of 17/5%. Salaries and payments are decided by the Compensation Committee consisting of Lawwell, Brian Wilson and Tom Allison.

Brendan Rodgers remains the sole voice of the club, speaking on Friday about the threat of a UEFA away fans ban caused by Piro, earlier this season he spoke at length about the problems surrounding the clash of the away fans ticket around the Glasgow Derby.

Celtic’s AGM will be held on Friday 22 November at 10.30am.

CLICK HERE to view the full 2024 Annual Report.