Anything Celtic spend money on becomes an asset of the club. The payment for these assets may happen the day they are bought, or may be spread across the life of a loan, or a mortgage.
The club's accounts show the amount written off each year over the expected useful life an asset. So what the club "fixtures and fittings" are written off over 53to 10 years. So a car costing say £20,000 would be written off over 5 years and would hit the books for £4000 per year. For more substantial asset like the stadium the costs are written off evenly over 75 years.
Because these things are written off of such a long period the figures tend to vary very little on a year by year basis, and there is little that can be done to reduce the costs.
The graph below shows that the costs are just under £2m per year.
The depreciation figure of course comes from the total assets of Celtic. The graph below shows the figures for the total of these assets. The big leaps in 1998 and 2000 were from ground improvements. The 2007 from the development of the training ground at Lennoxtown.
