Rumour Mill: Celtic minimise debt | Nottingham Forest after Kris Boyd

Peter Lawwell was delighted with the interim accounts. Picture: Robert Perry
Peter Lawwell was delighted with the interim accounts. Picture: Robert Perry
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AHEAD of their tie with Juventus, Celtic’s Champions League money has allowed them to reduce their debt whilst Championship side Nottingham Forest are keen to add former Kilmarnock and Rangers striker Kris Boyd to their squad.

Celtic debt reduced by Champions League run

Celtic’s debt has been reduced to around £130,000 as a result of their money-spinning Champions League run, down from £7.05 million for the same period 12 months previously.

Pre-tax profits totalled nearly £15 million whilst turnover increased by 71 per cent to just over £50 million.

Operating expenses increased by more than £6 million, but chief executive Peter Lawwell spoke favourably of the club’s financial position, insisting: “We have not been this healthy for decades, if ever. We are in a really stable position and very robust.”

The Parkhead side’s interim accounts for the six months to the end of December 2012 were published yesterday. (The Scotsman)

Nottingham Forest chase Kris Boyd

English Championship side Nottingham Forest are said to be keen on a deal for former Kilmarnock and Rangers striker Kris Boyd, currently a free agent.

Boyd was most recently at Portland Timbers in America, where he scored seven times in 26 games, but negotiated a release from his contract at the end of January.

Whilst at Middlesborough, Boyd spent a period on loan at Nottingham Forest in 2011, playing 10 games and scoring six times, and manager Billy Davies is said to be keen on bringing the Scottish striker back to the club. (Various)

Hearts decide against Stevenson appeal

Ryan Stevenson’s sending off against Dundee United at the weekend will not be subject to an appeal by Hearts, despite both managers questioning the decision to send the midfielder off.

Stevenson was given his marching orders by Willie Collum for what was deemed to be a dangerous foul. Collum was referee for the Edinburgh Derby when he failed to send off the same player for a similar challenge, with Stevenson subsequently banned by the SFA.

Jackie McNamara anxious to keep Willo Flood at Tannadice

New Dundee United manager Jackie McNamara is desperate to hang on to midfielder Willo Flood, who played a key role in back-to-back victories over Rangers in the cup, and Hearts. McNamara praised Flood’s performances, calling his goal against Hearts ‘fantastic.’ The 27-year-old is out of contract at the end of the season, and Dundee United could face competition from potential suitors, including Hibernian. (Daily Express)

Craig Beattie signs for Barnet

Former Hearts and St Johnstone striker Craig Beattie has signed for League Two outfit Barnet. Beattie was released by St Johnstone after barely featuring at McDiarmid Park.

He joins up with ex-Hibs duo Graham Stack and David Stephens.

Ian Ferguson axed by Perth Glory

Former Rangers midfielder Ian Ferguson has been sacked as manager of Australian side Perth Glory - after revealing that the club’s chairman had a heart condition. Ferguson left the club after a blazing row with club owner Tony Sage - but the club’s chief insisted that hadn’t been why Ferguson was sacked, despite wanting to keep details of his condition private. Sage cited the club’s poor position as the main factor in Ferguson’s dismissal.

Ayr United keen on former Hibs keeper

Ayr United are attempting to broker a deal to sign Graeme Smith. The former Hibs and Motherwell goalkeeper has been offered a short-term deal by the Somerset Park side after a brief deal with Partick Thistle. The 29-year-old stopper also had a stint in Azerbaijan.