Celtic chief executive salary surpasses £1m for first time

Celtic’s chief executive Peter Lawwell has seen his annual salary go over £1m for the first time ever after 14 years at the club, according to a report on the Herald Scotland.

The 58-year-old has seen a £167,851 rise in his salary since last year, taking his total tally to £1.167m.

One of the reasons as to why his salary has gone up from last year is that he gets some added bonus every time Celtic qualify for the group stages of the UEFA Champions League.

Celtic face two daunting fixtures against German Bundesliga champions Bayern Munich this month and Lawwell will be keeping a close eye on the matches, hoping that his side can push for at least a point.

Another reason why his annual salary has increased is because he was entitled to a bonus of up to 20% of basic salary.

Lawwell also landed a prestigious executive role within the European Club Association. The 58-year-old was elected to the ECA board in 2014 when he replaced outgoing Dinamo Zagreb supremo Zoran Mamic.

However, Lawwell is now one of the ECA’s four representatives on UEFA’s Professional Football Strategy Council (PFSC).

He works alongside some of the most influential figures in the sports as they make decisions on the burning issues within football.