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:: Team planning failures clear for Celtic ::
:: Reasons why Celtic Interim Accounts are later than... ::
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:: How Celtic can buy their way into England ::
:: Sorry business behind Hay, Yorkston and Balde ::
:: Lessons Celtic have learned about Transfer Windows... ::
:: Balde signs new 4 year deal ::
:: Proof of the Millions Celtic have to spend in the ... ::
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Thursday, May 1, 2008

Paris St Germain banned from next League Cup Paris St Germain have been banned from defending the League Cup next season after some of their fans unfolded an abusive banner during this season's League Cup final, the French League (LFP) said on Wednesday. (Guardian)

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McManus targets top team return McManus suffered a calf injury in last week's 3-2 victory over Rangers but is confident he can play in Celtic's final three league games. (BBC)
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Celtic PLC shares are traded on the Alternative Investments Market (AIM). Celtic Quick News cannot be held responsible for any loss due to incorrect information found here.

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Tuesday, February 22, 2005
Still no sign of Celtic Interim Accounts

When the Celtic Interim accounts were four days late I suggested that we were pregnant with a plan.

A further five days have passed with no news. Let me put this in context.

Interim accounts are an internally produced document, they are not audited. The figures released will be what the bank will have had no later than 28th January. To these figures, Brian Quinn will add a couple of paragraphs of explanation.

It is clear that serious matters are under consideration at the moment. My best guess is that a share issue might be announced. I am also looking for some concrete news of the new training facility.
Posted by Paul67 at 12:57 PM :: 

175 Comments:
  • At 22/02/05 13:19, Anonymous Anonymous said…

    Ive heard a rumour that Craig Bellamy cannot believe the training facilities he is having to use.

     
  • At 22/02/05 13:19, Blogger Negative Anon said…

    Paul,

    I understand you have had some contact with some board members (or some close to the board). Are you convinced that what we aren't seeing here is some last minute changes to "minimise" the pain of defeat?

     
  • At 22/02/05 13:40, Blogger rumoid said…

    Hopefully Eric will be induced soon and put you out of your misery....

     
  • At 22/02/05 13:41, Blogger rumoid said…

    One question paul

    Did you ever get any feedback from Peter lawell?

     
  • At 22/02/05 14:21, Blogger Bigchipsuk said…

    Paul, if it is only an internal document, copies of which have already been given to the banks, then is the PLC actually obliged to publish it at all?

    Are we all holding our collective breath for nothing?

     
  • At 22/02/05 14:30, Blogger Bryce Curdy said…

    Completely off-topic Paul, but have you thought about changing the design of your otherwise excellent forum.

    I've just responded to the previous post, but suspect it will be viewed rather less now that you've started a new one. In other forums, a reply puts the post back to the top of the list. I also assume it was a deliberate decision on your behalf that means only you can start posts. This has some advantages, but there are a number of other very well-informed contributers on here who are always worth reading, even if I'm not one of them!

     
  • At 22/02/05 14:49, Blogger Tom64 said…

    E-Tims Rumour mill made mention of Paul's fixation(?) with the late reports. They seem to think it shows signs of impending lunacy.

    Paul, stop taking the red and white pills!!

     
  • At 22/02/05 14:57, Anonymous Anonymous said…

    I say sack the board, gives us something to do till the next hun game. Oh aye the wee ones are on tonight they actually pass the ball to one another. Sack the board and bring in the chinese billionare lonusapun.

     
  • At 22/02/05 15:35, Blogger Derbyshirebhoy said…

    Bryce Curdy

    Looked at your piece on the previous thread and completely agree with all you say particularly with regard to the recent transfer dealings of Mc Leish and MON. We all laughed mightily last year as Capucho Ostenstad and Emerson blew up in his face but he's done extremely well imo in putting that right with his current side which whilst not perhaps a Rangers best are looking much more likely than our team currently. I've been quite amazed at any number of contributors here and elsewhere who see this as some sort of temporary blip. That's what was being said when we lost the CIS tie then followed the disaster and petulance of the League game and several miserable team performances later we recovered in the Cup when Sutton and Hartson were able to bludgeon Kishnasvili and Andrews into errors that we were able to convert. Perhaps that was the blip?

    You're so right that it will be a great test of the ability of MON to turn things round most especially because much of the problem has been to my mind self-inflicted for all the reasons you've stated.

     
  • At 22/02/05 15:41, Anonymous Anonymous said…

    In response to Bryce Curdy's note. In my opinion, this type of Forum only works because it has a Manger, if that Manager can start and end topics all the better. Paul is doing an excellent job of Managing this site. To open it up to all and sundry to create new topics would be a bad move, the site would quickly degenerate into a free for all, before you could say Sean South the Lunatics would have taken over the asylum. I've been to sites like that, they are useless, this one is like a breath of fresh air, if it aint broke don’t fix it.

    Desktop Davie.

     
  • At 22/02/05 15:57, Blogger Derbyshirebhoy said…

    Its cheer up time. Hopefully weather permitting some of you will be able to see the reserves tonight if not live then on Celtic TV. Provided the team has not been completely trashed to accommodate first teamers to restore morale you should see a group who can pass the ball long and short with accuracy and play bright entertaining and winning football. I trust Fernandez plays because since his return he's been a standout in terms of receiving and keeping the ball and has demonstrated the rare ability for a Celtic player these days of playing the odd defence splitting ball. Much indeed of the qualities that I presume MON saw when he bought him. There you are -certain to be useless now.

    Hopefully though we will see something of Garry Irvine and Scott Cuthbert who're growing on me and Charlie Mulgrew very cultured and composed with a good left foot and of course the not so young now Shaun Maloney. For my money some of the best football I believe we've seen in the MON era came when Shaun played towards the latter part of the 2002/2003 season. Be interested in thoughts of anyone re Paul Lawson in midfield. He's beginning to make the first team bench but I'm unsure why.

     
  • At 22/02/05 15:58, Anonymous Anonymous said…

    paul67, do you work in the banking industry?
    and wear do you get your information from?

    thanks..

     
  • At 22/02/05 16:38, Blogger RAB1888 said…

    Anon 1:19

    that Bellamy rumour was a page filler in the ever reliable News of the World.so basically a load of shit

     
  • At 22/02/05 16:47, Blogger Paul67 said…

    Neg Anon, I am convinced that the delay has nothing to do with the Rangers game. These figures should have been out over a week ago.

    Bigchipsuk, I would need to check market obligations, but that is not the point. These figures will be produced, not producing them in accordance with previous years practice creates uncertainty with all PLC’s would prefer to avoid.

    There is a reason for the delay.

    Bryce Curdy
    Site design has more to do with what blogger lets you do for free than what I wanted to do. Although the physical appearance is all the work of a good Celtic soul Martin, the mechanics are pure blogger.

    I’ll have a think about your suggestion and see if I can improve things.

    Tom64, as far as I am aware, there was nothing “impending” about the rumour mill assertion.
    I will desist from my medication as you suggest.

    Thanks Desktop Davie, it sure ain’t broken.

    Anon 3.58, The information is all publicly available, if you are a shareholder you will be posted most of it out. I don’t work in banking and I am not an accountant, I run an IT company and deal with a lot of this kind of stuff for my own business.

     
  • At 22/02/05 17:23, Anonymous Anonymous said…

    paul, thanks for the reply(anon58)
    i seen your posts about another share issue, how much money are we trying to raise? and how maney share issues can one PLC have?

     
  • At 22/02/05 17:27, Blogger computergeekjohn said…

    Paul,

    When you say you run an IT business. What types of solutions hardware / software do you deal with?

     
  • At 22/02/05 17:49, Blogger Paul67 said…

    Anon58
    I don’t know how much the board will want to raise. If it was my project I would be looking at around £20million. There is no limit as to how many share issues you can have. If they go for £20million now I expect they would need another before entry into the EPL.

    Computergeekjohn, We sell and support networks, swallowed the Microsoft pill some time ago, also Cisco and other security/WAN products. Half our business is now Technical Training, Windows 2000/2003, SQL, Exchange, SMS, ITIL, Prince 2 as well as Adobe and Macromedia courses. Small, but good software division; SQL & MS front end products.

    What is your core competency?

     
  • At 22/02/05 19:14, Blogger Bryce Curdy said…

    Desktop Davie

    I largely agree. I also would not want to see the site go the way of your ordinary football fans site. At the same time, the present arrangement means there is essentially only a single discussion going on, and Paul (who I have great respect for) inevitably dictates the topic. An arrangement where any old twat can spoil if for the rest of us, I agree, is asking for disaster, but perhaps Paul could grant posting rights to members who he thinks would have something to contribute.

     
  • At 22/02/05 19:31, Blogger thedominie said…

    Hi all. First of all while I understand what Bryce Curdy means, I agree with Desktop Davie. This forum is excellent and has become the only one I bother to look at. If topics are set by everyone while many here will post excellent very quickly the site will become a battleground for various bigots and other dubious sorts. For proof just take a look at any oher site. I really hope the site remains as it is. If thats censorship so be it. A suggestion may be to email a topic/article etc to Paul, I've seen him print his e-mail anyway and let him choose if he wants to run with it. Just a suggestion.
    Main thing I wanted to say is that I hope that Celtic are 'pregnant with a plan'. I feel we need something to steal back the initiative. Murray played a masterstroke by signing Boumsong, flogging him to his mate for an inflated fee and buying back their captain fantastic. Whether we like it or not its at this stage a gamble that has payed off massively and they are on a massive high. We need to scare them, buy big and let them know the stakes are raised. If then they have already used their budget for the summer the initiative is back with us. All will not be rosy at castle greyskull again.
    Also, I hope thats Douglas finished in goal for us. He's an honest pro who doesn't shout his mouth off, he is just not good enough. Good luck to him wherever he goes. I would however get rid of the goalkeeping coach, he seems to bring out the worst in all our keepers.
    One other thing, I see Campbell Ogilvie poo-pooing (yes I have small children too)the move to England. Good. I hope we go ourselves. If we never played Rangers again I would not miss it one bit. My team would be fighting it out with Chelsea/ Man U/ arsenal/ Liverpool etc. I hate everything that goes with that fixture as I'm sure would the family of the guy who is in a critical condition. Of course it is only MY PERSONAL opinion, it may be the only thing some others want to see. Each to their own.

     
  • At 22/02/05 19:35, Blogger thedominie said…

    Bryce Curdy, sorry, I didn't see your post at 7.14. That's a good idea too. Great name by the way.

     
  • At 22/02/05 20:54, Blogger Bellshill Tim said…

    for anyone thats interested, Celtic reserves beat rangers reserve 3-0 goals from Sylla, Fernadez and Juninho, with the last two both scoring good goals.

    Juninho was given the full 90 mins and along with fernadez looked good. It was good to watch a Celtic team happy in posession and that can pass the ball well. McManus had a very good game and is begining to look a decent player. Marshall saved a penalty and Namochi was sent of for a bad lunge on O'Day.

    All in all you can see where both are headin one team can pass and play the other lose the rag and every tackle is 100% no matter if needed or not.

    On the subject of share issues, it amazes me that some say the board are doing a great job, yet its the fans who continually have to dig deep to fund everything. Do anyone here think another share issue will be a huge success ? will we be for a second time asked to fund the youth academy ? or will this be one for the rich to finally stick some hard cash into the hoops ?

     
  • At 22/02/05 21:31, Blogger Belfast Bhoy said…

    This post has been removed by a blog administrator.

     
  • At 22/02/05 21:31, Blogger Belfast Bhoy said…

    I say keep things the way they are.. by te way Arsenal are now two down...wasn't to long ago we got a better result against their opposition... has anyone seen teh BBC forums half the topics are started by SnakeMountain brigade.
    Besides in case you haven't noticed half of us go off topic mid-way through a post at any rate.... like I'm about to do.

    A few things have concerned me lately....
    (i) the "this is the Seville team" excuse, well as fondly as we will, in the long run, remember that team. We have to remember that a few have gone, and quite a few in that team (make that 3-0) were 28-30 and at their peak, or playing above it. Now a fair few are 30+ and have been beating the same teams for quite a few seasons now. And loyalty aside this is not the Lisbon Lions gettibg a fiver a week. I'm sure considerable contracts / bonus's were earned on that run.
    (ii)fan reputation - we all know that (make that 4-0 no 3-0) only a very few caused probs on Sunday, but we all knew how the media would portray it. We've went world fans of the year, were 80,000 partied peacefully even after the result (and how many players did we hear that summer say about wanting to play in stadium/front of fans) back till drunken Irish/scottish mob... not quite as attractive to Prem Chairmen.
    (iii) the "reduction in the idolisation" of MON (and i'm not just saying this because i'm from Belfast) but, who would we replace him with, to manage in the SPL, is there anyone who would satisfy the fans opinion / questionning of board ambition etc ( i can hear sack the board now). Personnally I think Tommy would do a very good job, but would he have the foreign scouting network to find the next Lubo or Henke????? Would you want a Director of Football to look after the scouting , and before you answer that wit yes Wim would do very nice, the last dream team didn't go down well did it.

     
  • At 22/02/05 21:36, Blogger Belfast Bhoy said…

    I say keep things the way they are.. by te way Arsenal are now two down...wasn't to long ago we got a better result against their opposition... has anyone seen teh BBC forums half the topics are started by SnakeMountain brigade.
    Besides in case you haven't noticed half of us go off topic mid-way through a post at any rate.... like I'm about to do.

    A few things have concerned me lately....
    (i) the "this is the Seville team" excuse, well as fondly as we will, in the long run, remember that team. We have to remember that a few have gone, and quite a few in that team (make that 3-0) were 28-30 and at their peak, or playing above it. Now a fair few are 30+ and have been beating the same teams for quite a few seasons now. And loyalty aside this is not the Lisbon Lions gettibg a fiver a week. I'm sure considerable contracts / bonus's were earned on that run.
    (ii)fan reputation - we all know that (make that 4-0 no 3-0) only a very few caused probs on Sunday, but we all knew how the media would portray it. We've went world fans of the year, were 80,000 partied peacefully even after the result (and how many players did we hear that summer say about wanting to play in stadium/front of fans) back till drunken Irish/scottish mob... not quite as attractive to Prem Chairmen.
    (iii) the "reduction in the idolisation" of MON (and i'm not just saying this because i'm from Belfast) but, who would we replace him with, to manage in the SPL, is there anyone who would satisfy the fans opinion / questionning of board ambition etc ( i can hear sack the board now). Personnally I think Tommy would do a very good job, but would he have the foreign scouting network to find the next Lubo or Henke????? Would you want a Director of Football to look after the scouting , and before you answer that wit yes Wim would do very nic, the last dream team didn't go down well did it.

     
  • At 22/02/05 21:41, Blogger Brian74 said…

    I am praying to God that MON doesn't see Jerzy Dudek as the answer to our goalkeeping problems. His howler tonight makes Rab look like Peter Schmeichel at his peak.

    On a different note though, does anyone else feel pretty depressed watching the CL kick off again? This is where we should be. It pains me to think that 6 months ago, in our more optimistic moods, we thought that we had a chance to go through in a group containing Milan and Barca. Now, the optimistic of us hope to beat Hibs and Rangers away. Rollercoaster season or what?

    It's never easy being a Celtic supporter. But then again, that can be half the fun.

    Hail Hail!

     
  • At 22/02/05 21:53, Blogger Ozjohn said…

    Hi all, a very disappointed bhoy here down under. I never thought I would see a hun team play better football than us. I know it should have been done and dusted at half time and Hartson missed a sitter bfore they sneaked one past Rab, but in the first 15 minutes of the second half they ran us ragged, if nothing else it proves what I said some time ago about Thompson he'll nevr be a midfielder too slow and I think he may be full of bluster but no real heart. we need running half backs Pearson springs to mind and didn't we miss Agathe. MON has lots to ponder and I'll say it first Bellamy is a tit, he can run but unfortunately you have to control the ball and keep it with you and anyone should be able to pass a ball for five yards with some sort of accuracy, no he is a tit. Keep up the good work PAUL67 I knew that you had to be a geek. I'm a windas guy myself MCSE in NT4, 2000, 2003.

     
  • At 22/02/05 21:58, Anonymous Anonymous said…

    On a random note, why do different folk keep referring to Ibrox as "Castle Greyskull"? That's where the good guys lived! The bad guys lived in Snake Mountain.

    -Reidy

     
  • At 22/02/05 22:30, Blogger Brian74 said…

    Reidy @ 9:58pm - I made that mistake about 4 or 5 months ago and Martybhoy picked me up on it. You are totally correct. Castle Greyskull is indeed where He-man, Man-at-arms, and Orco lived. Skeletor and his hordes lived in Snake Mountain.

    I need to get out more.

     
  • At 22/02/05 22:58, Blogger gedboy said…

    Slightly worrying all this geek speak. As any fule kno real men use Macs: the Celtic of the computer world.

     
  • At 23/02/05 02:04, Blogger Brian74 said…

    The wife is away, so I am taking the opportunity of appreciating this ((Paul, has Calumn started teething yet? My wee Eloise is 7 months old now and loves to wake us at 3am to tell us about the latest incisor - I trust you have been through it before, and wee calumn will be a godsend from start to finish.) I only closed my brackets there for grammatical effect. I'm already confused by the length of that sentence.))

    Anyway. I almost started writing in the way of Fargo. Mainly because I felt enlightened by Hunter S Thompson's suicide. I hope that the writing style, along with the hopes we all hold, don't die. I have no idea who Fargo is. And I have admitted perviously that he confused the feck out of me. But whoever he is, he better be right(his grammatical approach was VERY simlar to HST - whatever that means). However....

    There are so many things about MY club that I want sorted NOW. We are all the same. Can I suggest something?

    Does this sound stupid? Like, really stupid and not worth considering? Why don't we have Paul67, Neg Anon, and NeilR asking direct questions of the board at the next AGM?

    I've read this blog (and contributed with my occasional sh1te) but if this is the only way this voice is to be recognised, then this is the only way it can be converted.

    I'll give you a laugh as I go. Maybe. But I have been stuck singing John Gordon Sinclair's "I have A Dream"......"

    I blame the wine....as always
    :)

     
  • At 23/02/05 02:06, Blogger Brian74 said…

    The wife is away, so I am taking the opportunity of appreciating this ((Paul, has Calumn started teething yet? My wee Eloise is 7 months old now and loves to wake us at 3am to tell us about the latest incisor - I trust you have been through it before, and wee calumn will be a godsend from start to finish.) I only closed my brackets there for grammatical effect. I'm already confused by the length of that sentence.))

    Anyway. I almost started writing in the way of Fargo. Mainly because I felt enlightened by Hunter S Thompson's suicide. I hope that the writing style, along with the hopes we all hold, don't die. I have no idea who Fargo is. And I have admitted perviously that he confused the feck out of me. But whoever he is, he better be right(his grammatical approach was VERY simlar to HST - whatever that means). However....

    There are so many things about MY club that I want sorted NOW. We are all the same. Can I suggest something?

    Does this sound stupid? Like, really stupid and not worth considering? Why don't we have Paul67, Neg Anon, and NeilR asking direct questions of the board at the next AGM?

    I've read this blog (and contributed with my occasional sh1te) but if this is the only way this voice is to be recognised, then this is the only way it can be converted.

    I'll give you a laugh as I go. Maybe. But I have been stuck singing John Gordon Sinclair's "I have A Dream"......"

    I blame the wine....as always
    :)

     
  • At 23/02/05 03:45, Blogger Ozjohn said…

    Hi all, a very disappointed bhoy here down under. I never thought I would see a hun team play better football than us. I know it should have been done and dusted at half time and Hartson missed a sitter bfore they sneaked one past Rab, but in the first 15 minutes of the second half they ran us ragged, if nothing else it proves what I said some time ago about Thompson he'll nevr be a midfielder too slow and I think he may be full of bluster but no real heart. we need running half backs Pearson springs to mind and didn't we miss Agathe. MON has lots to ponder and I'll say it first Bellamy is a tit, he can run but unfortunately you have to control the ball and keep it with you and anyone should be able to pass a ball for five yards with some sort of accuracy, no he is a tit. Keep up the good work PAUL67 I knew that you had to be a geek. I'm a windas guy myself MCSE in NT4, 2000, 2003.

     
  • At 23/02/05 09:11, Blogger rumoid said…

    Paul 67, Neil R and negAnon...

    I vote for Fargo..he is best placed to understand the ramblings of the Board....

     
  • At 23/02/05 09:14, Anonymous Anonymous said…

    It says something when we start to get excited about the interim accounts of Celtic. ( I've been an accountant for 20 years BTW but I'm managing to control myself despite this imminent awesome event) Maybe we need to get excited about something though as according to Peter Lawwell, commenting on the Ricksen incident, in this morning's Herald ( our supporters)'were calm almost to the point of being benign'. He goes on 'our supporters were even a little flat in terms of atmosphere'. Similar comments have been made in the past on this site and others about how dismal the atmosphere can be at Celtic Park on match days. In the past defeat by these people would be accompanied at my house by rage and obscenities being hurled at the telly (I live abroad BTW) followed by days of foul moods. On Sunday - nothing ( well practically nothing). What's happening to me ? (us?) . Is it complacency? Can we really be fed up humping this mob? Is it the team that is flat and this is having an effect on the supporters and not the other way around ( As Lawwell also cheekily suggests was the case last Sunday)? Anyway I recommend an artice on E-Tims website called 'Say you want a Revolution'

     
  • At 23/02/05 09:18, Blogger computergeekjohn said…

    Paul,

    My main business these days is doing Project Management / Business Analysis / Business Process Improvements relating to ERP implementations mainly in the distribution and manufacturing business market.

     
  • At 23/02/05 09:28, Anonymous Anonymous said…

    paul - i understand lawwell was looking for a chat with the very wealthy celtic supporters at the game on sunday - methinks the begging bowl was being passed round - now it could be it was the last few dimes they were looking for on the other hand and knowing the lack of foresight applied by this board it may be they've done all the docs (because a full circular to shareholders will be needed) but haven't yet got it underwritten and DD cannot directly do that just in case he goes over 30%

     
  • At 23/02/05 10:18, Blogger Paul67 said…

    Brian74
    Callum will be five months next week. We are getting rosy cheeks, dribbles and lots of clawing at the mouth, so I think teething is underway. He is an absolute charmer; lots of smiles and very contented.

    As I am sure you know, with Eloise, there is nothing to beat it. My oldest, Ryan, was three on Sunday. As I left the game I listened to a voicemail from him; he was very proud of a ‘movement’, both its execution and considerable dimensions. He is his mothers’ boy.

    Nothing can compare.

    Questions for the AGM is an excellent idea. When the board are interviewed they are always asked the same questions, which have very little research behind them. As a result, the stock answers are given and we learn little.

    On hearing from the board, can I add one point, in the early days of Celtic Quick News I spend what felt like every day laying out published facts which very few had heard or read. I was met with so much anti-board grief that I thought “what’s the point” several times.

    I think these guys have similar feelings to the media as most of us do. Their words are used selectively which can twist a story to suit someone else’s agenda. Now that is not the media’s problem, it is up to the board to overcome this problem (not a beleaguered PR department).

    I believe we, as fans, will respond better than they think to clearly communicated plans. One word of caution, though. Plans can go wrong, we all know this. If Celtic make a statement of intent which is not followed through (and there are several examples), they become hostages to fortune by their own hand.

    They are pilloried for failing to live up to previous pronouncements. This is a dilemma for us all. We need more information on where our club is going, but we also need management to be accountable.

    My only advice on this dilemma is keep emotion out of the debate, read every financial statement clearly and ask well thought out questions – oh and stop reading/listening to the usual sources.

    Anon,
    Good point about the shares being underwritten by someone other than DD, never thought of that.

     
  • At 23/02/05 10:38, Blogger CelticScocio said…

    Regarding the lack of atmosphere – I saw and heard first hand while at the champions league game in Munich a while back the announcer winding up the fans after a goal – shouting the player’s name ect – this could be easily incorporated in our singing section.

    I also read with dismay about the banner that was removed from the game on Sunday as it was too large and therefore was thought to be a danger to public safety!!

    It took me back to the TV programme about the Lazio fans and how the club liase with them to ensure that the banners they make are not offensive- oh for that type of communication with our board!!

     
  • At 23/02/05 11:18, Blogger Belfast Bhoy said…

    Paul, I was wondering if you could clear a few things up for me... I've just be looking in the Investor page of the Celticfc.net and it displayed this....
    Share Price 22 February 2005 11.08am
    Ord 49.50p Pref 58.00p CPO 127.00p
    Could you please explain this differences, which ones we can by now / or in the event of a share issue and have you any recommendations for which to go for? I'm assuming if this celtic trust idea start taking shape its the number of shares that matter, therefore go foe the ordinary shares???

     
  • At 23/02/05 11:44, Blogger Paul67 said…

    Belfastbhoy
    Ordinary shares have voting power, but have not received a dividend for some time.
    Preference get no votes, however, do get a dividend.
    CPO, Convertible Preference Ordinary shares currently get no vote and do get a dividend, though these will become Ordinary Shares in 2007.

    This is an incomplete description of events (from memory). I only buy Ordinary Shares, however, from an investment opportunity it probably makes little difference, as the dividend is pretty low anyway.

    Remember, buying shares is a gamble, only bet what you can afford to lose. I always assume that I will lose half my investment.

     
  • At 23/02/05 12:07, Blogger Derbyshirebhoy said…

    Bellshill Tim

    I'm pleased to say the comments I made yesterday aout the reserves didn't blow up in my face. As you've said it was a real pleasure to see a team play the Celtic Way. Certainly the difference between the way the reserves and first team play is marked and its not down to smaller players. Its simply the style Kenny Mc Dowell has them playing. I presume that MON sees no reason to insist they play in the style of the first team which offers me a little hope that we may see an improved product at first team level sometime. Fernandez was a standout again - any ball played to him sticks he scored a superb goal himself and he showed great vision with a slide rule pass to Juhnino for the 3rd and of course he laid on the first for Sylla. MON was there I believe. Wonder if its given him a little pause for thought?

     
  • At 23/02/05 12:32, Blogger Derbyshirebhoy said…

    I gather that BBC Panorama had a team filming on Sunday for a programme to go out UK wide on Sunday about the Old Firm. Just our luck eh? More excuses for the neighbours? Aye you'll just love us in the EPL!

     
  • At 23/02/05 12:37, Blogger Belfast Bhoy said…

    Now I'm no finance expert, and I have to say some of the method of balancing teh books seem a little strange to me, all this amorisation (i think thats it anyway) whereby people like stan, bbj, sutty, marshall and bobo have no real value on the books.

    But would I be right in saying then that you would be quite daft to purchase a CPO now as its more expensive than the other two combined, and will only be worth a ordinary share (1/3 the value) in two years time. And as a Trust needs both a say and a dividend to hand back then a healthy mix off the first two is required.
    I know there is atleast one celtictrust currently out there, and these things, are basically unions, but is there an official "union"? if the one i saw is just for the fans why is it a tenner a year to join??

    This is one for your accountants out there, oculdn't we set up a "celtic trust plc" and invest money in it to directly buy shares purely for the good off celtic. Surely not too complicated money comes in, straight out again, have an agm, a site to gauge opinion / keep investors informed, no expensive commitee etc... (Paul I see your name getting nominatewd here :o) )

     
  • At 23/02/05 13:06, Blogger CelticScocio said…

    CPO Shares do get a vote and do receive a dividend. When they convert to Ordinary shares the club have to make up the shortfall between the prices paid for the CPO shares and the current share price.

    IE: The CPO shares were £1.26 per share (if I remember correctly) and they were sold in blocks of £600.00.

    If the ordinary share price is 42p per share when the CPO shares covert the club will then give the CPO shareholders their converted CPO/Ordinary shares and more ordinary shares to make up the difference in the price paid for the CPO shares and the current share price.

     
  • At 23/02/05 13:18, Blogger Tom64 said…

    Someone mentioned the E-Tims 'Say you want a revolution' article. I would recommend people to read it, purely as I found myself nodding agreement to most of it.

    Our team have blown the chance of winning the title and the finger points squarely at the manager and his apparent inability to change or innovate.

    I used to worship at the feet of MON but now I find myself becoming an atheist. Is the party over?

     
  • At 23/02/05 13:19, Blogger Paul67 said…

    Belfastbhoy
    The Convertible shares are converted into Ordinary at a rate which reflects their initial value, not on a one to one basis. As such I assume that the price reflects this future transaction so it will make no difference.

    Supporters Trusts; that old chestnut. The existing Celtic supporters trust is a collection of Celtic shareholders who effectively join an association, they do not buy shares as a group.

    The money likely to be raised from the man in the street to will not be very much, it will not make a substantial difference on what money the manager is given, for example. Actually getting small amounts of money into the club requires a share issue, which has significant transaction costs.

    What these associations are more effective at is being a pressure group. Though, what “effective” means is open to debate, as they seldom change things. They tend to get platformed by the media, who are always happy to see a football club being criticised by its own.

    The idea answer is for Celtic to become better at communicating and Celtic fans to stop consuming unreliable media tat. We will then be able to have a more constructive debate, and will be able to shout loud when we see a problem, without being distracted by the many red herrings.

     
  • At 23/02/05 13:46, Blogger Belfast Bhoy said…

    So how did Barca get a pretty powerful one, I mean with the Pope in your Trust (or indeed any prominent figure in any religion, we are a non-discriminatory club after-all) can you go wrong?
    If what Scocio said is true and they are issued in large groups say £600 then for a lot of people that would be a large payment even if it was a one-off, surely thats were the collective-pot company idea comes in, with the number of (atleast wanabee) accountants and solictors thatcome in here it would be possible?? Perhaps birthday gift cert's in the £10-50 value would be in-order??

    P.S. as long as they don't mind Norhtern Bank notes it'd be a great success over here :o)

     
  • At 23/02/05 14:02, Anonymous Anonymous said…

    Paul 67 and Computergeek,

    I can make the screen flash and beep on my Vic 20 computer. Do you think that I could have a career in I.T.

    Stephen Connelly
    Mossend

     
  • At 23/02/05 14:31, Blogger Paul67 said…

    Tom64
    Time for a deep breath. “Don’t panic, don’t panic”

    Stephen, I keep asking around Mossend about you. You don’t go to the quiz nights then?

    You have the makings of an outstanding career in IT. I am in fact not a geek, I understand little about them. I am the guy that does the deals, others here do the clever stuff. You know the type “why did I end up working for a bloody salesman, I know much more than he does about XXX”.

     
  • At 23/02/05 14:34, Blogger DavieL said…

    For the avoidance of doubt Celtic have a legal obligation to publish half yearly accounts. They also have a legal obligation to notify the Stock Exchange WITHOUT DELAY when these accounts have been prepared (to avoid leaks which may affect the market). There is no doubt that the Board will have draft accounts - the half year end was nearly 8 weeks ago. There is something afoot - however the longstop date for publication is 31st March so they could procrastinate further! If you want to become a Stock Market geek to rival the I.T. geeks on this blogger then you can register for e-mail alerts tracking news on any share at londonstockexchange.com.
    I don't even want to talk about our performance second half on Sunday, suffice to say that my day went completely downhill when I (in an extremely bad mood after the game) pulled up what I thought was a Rangers supporter gloating and swearing at me and my mates to find out that it was a Celtic fan with Tourettes!!
    One of the biggest disappointments was the crowd - not the tosser (no pun intended) who got Ricksen- the majority of our support who sat back and moaned rather than getting behind the team. Too many part-time supporters, that's the last twice at CP the Huns have made more noise than us and it's embarrassing. We slagged them off through the nineties for being a sh1tey home support and we've sunk to their level. It's a 2 way thing at CP - we need to do our bit to raise the team as well, remember Lyon 2nd half for example? We need to get there on time, stay for the whole game and SUPPORT the effin team!!

    Hail! Hail!
    DavieL

     
  • At 23/02/05 14:41, Blogger computergeekjohn said…

    Paul,

    I have worked for a few guys like yourself :-)

    Unfortunately or fortunately I am turning more into the business man rather than the techie geek these days and even the techies are beginning to turn their backs on me.....God, I don't fit in any more.

     
  • At 23/02/05 15:57, Anonymous Anonymous said…

    Off topic : does anyone know if the rearranged ICT game is live on Setanta ?

     
  • At 23/02/05 15:58, Blogger celticbhoy said…

    Tom64 you should also read the article `Whatever Happened to the Celtic Ethos` very well written, I tried to get the Soldiers Song (the national anthem of my grandfathers) going but nothing, eventually found myself shouted “ fir f*^k sake sing” at those around me. We now need to get behind the team no matter what, ugly wins around including at Ibrox will do me for now but as I have written here before we should be taking teams apart in the first half and then playing flair football, but that is for another season.
    Anyway, I have just read the Deloitte Football Money League report, makes very interesting reading especially the part about how much money is being made out of each fan attending games.

     
  • At 23/02/05 16:20, Blogger celticbhoy said…

    I’ll ask this again…Does anyone fancy going for a pint?

    Paul67 if you have my e-mail address you can contact me and we could see about arranging something if you like.

     
  • At 23/02/05 16:26, Anonymous Gerrybhoy said…

    Totally agree with DavieL on all issues. Sometimes worry that the Celtic faithful take too much for granted. Support means at all times, good and bad, especially when we go one nil down in the manner we did!!

     
  • At 23/02/05 16:46, Anonymous Anonymous said…

    I was surprised before the game at the confidence of the Celtic Support, i would have been happy with any kind of win that put us back on top.
    In the first half we were good, no doubt about it, i was thinking to myself that this is a very good Celtic team. If we had taken our chances the game was out of sight.
    The second half we were outplayed, they deserved their victory because they wanted it more.
    I do not think however that we should be panicking.
    We are more than capable of winning the league.
    We are capable of winning at Ibrox in the final game too.
    I thought Henchoz should have played but Laursen played well in my opinion.
    He was tripped for the second goal when we were chasing the game.
    Bellamy missed a sitter as did BBJ.
    Keep a sense of perspective but to under estimate any rangers team when the league is so close is a big mistake.
    I for one was worried about Ferguson returning, and he is definitely one of the reasons for their good form in the past 3 games
    The sooner the next league game takes place the better. We need a decent win and Rangers will not find Hearts at Tyncastle an easy game either.

    Tony, Latvia

     
  • At 23/02/05 17:05, Anonymous Anonymous said…

    Asking questions at the next AGM would be a great idea as it would brake the boredom of the same old stuff. The only thing is to try a get a microphone of The Trust.
    Can I ask why you are certain that the club are going to put another share issue on the table?

    cheers G

     
  • At 23/02/05 17:13, Anonymous Anonymous said…

    Am I going blind. I do not believe Laursen was tripped. finding excuses for our own failings will not help.

    What happened on Sunday has been coming for a while (thank god Buffell missed the last minute sitter in the Cup).

    The league is still in our hands without needing favours from anyone else. We came from further behind in 2003 to fail by 1 goal. If MON and the players learn from Sundays mistakes we can and will win it along with the cup.

    Frank
    Bedlington

     
  • At 23/02/05 17:18, Blogger jim62 said…

    Paul

    have been trying to add my tuppence worth for two days...real problems with the "new"(?) login...

    don't know about possible share issue...I have heard about plans for academy......can't say any more....

    Tony...Laursen was not tripped by Novo...he simply stumbled and fell....one of the replays showed this very clearly....


    Agree we should keep our chins up...while not excusing Rab...he is not getting £40k per week and he did not miss an absolute stone wall "can't miss" sitter...unlike our new superhero Bellamy!!!!...why is he not getting pelters as well...and Hartson...two clear chances both hit straight at the keeper........

     
  • At 23/02/05 17:56, Blogger Derbyshirebhoy said…

    Jim 62

    Sadly we all know someone who would have buried at least one of those opportunities and we're still suffering from his loss not only in goalscoring but in our overall play.

    You're absolutely right Novo tripped no-one. Unfortunately Laursen who otherwise had a good game for me didn't step up to play him offside and subsequently was left struggling to intercept and stumbled.

     
  • At 23/02/05 18:19, Anonymous Anonymous said…

    Apologies for getting the laursen incident wrong, i still think he had a good game otherwise and was definitely not hiding when he could take the ball.
    I was dissapointed with Bellamy and BBj misses.
    I wondered if Juninho could have done better with bellamy's chance, i would like to see him get a few games.
    T, Latvia

     
  • At 23/02/05 19:05, Blogger Celtic Ultra said…

    Havin read all the fallout from Sundays Embarresing defeat and have had a few days to take stock..

    Is anyone else bricking it like myself that our team won't be able to lift it from now to the end of the season and we will end up looking foolish as a poor rankers side win the league?

    Or more than not MON will maybe prove to us that he doesn't know how to change the team to stop this happening?

    got a feeling we even thou we have been denying it have been seeing a decline of a great side all season.

    I hope im wrong and will eat humble pie come May if i am.

    But i am having doubts

     
  • At 23/02/05 19:11, Anonymous Anonymous said…

    Greetings, Paul67 et al,


    PRESENTLY HAVING A RIPARIAN INTERLUDE.........

    "Well what do you know about that,Fargo. Is that not a Kick in The Head?"said a mystified Vito.
    "Not entirely, old Bean. It only reinforces my suspicions. Isn't it obvious? It must be Donald."
    "Maybe to you Boss......... but Donald? I thought that he was out of the Picture, ages ago." murmured a thoroughly bewildered Vito.
    "Well I am afraid that, the Son of Antigonus Cyclops is in for some pretty tough competition. It should be VERY INTERESTING , when the final Denouement comes to pass.Remember,there is always a Reverse to every Obverse.In the Kingdom of The Blind, The One-Eyed Man is not always necessarily...the King." Observed Fargo,thoughtfully.
    "Yeah, Boss I can see what you mean. After all we live in a three dimensional World. I think that you have given me the answer to a question that has always bugged me." Vito said.
    "What is the question, mon Poupee?" Asked Fargo.
    "How come, the phrases : Slow Up and Slow Down.... Mean the Same??"
    "Well now you know, Buddy.... Now you Know!" informed Fargo, laughingly.
    "And that also explains, why one can Park in a DriveWay and Drive in a ParkWay???" persisted Vito
    "Say Good Night Vito." commanded Fargo losing his patience.
    " Good Night Vito" from Vito
    TO BE CONTINUED.....

    Fargo; Down by the River....
    Somewhere in Paris

     
  • At 23/02/05 19:11, Blogger Tom the Tim said…

    Getting away for a moment from teething babies (God Bless 'em) and whose computer is the best, I think the main point at the moment is, " Where do we go from here?" Anyone who believes that Sunday was a blip on the road to retaining the title or is hiding behind Big Rab or "Novo tripped Laursen" is deluding himself.
    The truth of the matter is that ,as Ihave previously posted, this team has run out of steam.I believe that the perceived apathy at Parkhead and in front of TV sets worldwide on Sunday was caused by the realisation that we do not have a team who play within themselves until the Big One comes along and for many, the penny finally dropped. With the benefit of hindsight, I reckon the present team died on the night we went out of the CL and any motivation the players had went with it. I thought that performances were affected by contract speculation but ,if anything, our big players have dropped their overall levels of efficiency since they re-signed. Perhaps they have entered the comfort zone.Again,as I have previously stated,Sutton, Hartson, Lennon and Thompson still have a value to the club, but not all playing at the same time as their lack of pace is not compensated elsewhere on the park. Didi can't do it all.
    Another thing that annoys me is the constant harking back to the loss of Henrik. Accept that he is IRREPLACEABLE. The point being, don't waste time trying to. Ferguson did'nt look for another Cantona. nor Stein, Dalglish etc.They simply changed the style of play to suit the players coming through, Beckham Scholes, Giggs etc.
    I'm old enough to recall Charlie Tully passing out of Parkhead and all of the legends since then. All eras come to an end and I believe that the time has come for this team.
    However, on the evidence of watching the reserves on Celtic Tv, I am convinced that a new, improved Celtic is on the way. The football style is light years away from the fare offered by the first team. Unless anarchy is rife at Celtic Park, it is reasonable to assume that Kenny Mc.Dowell is coaching his team under the instruction of MON.If it means a short term loss of the title, I would support an implementation of a new style of play, starting from the Clyde game and I'm positive the atmosphere at CP would show an immediate upturn.The way we are playing,apart from bravado, can we honestly say that we are going to retain the title? Far better, I say, to get our future team in place and hit the ground running for the CL qualifiers,remember their is no automatic entry for SPL winners next season.
    I'll join with Paul in the speculating game and state that what I have outlined is what is in MON's mind, why else hold on to Juninho.

     
  • At 23/02/05 19:22, Anonymous Anonymous said…

    jim62, come on spill the beans about academy,
    did Quinn not say they would make announcement before January then changed it to June?
    I herd we where going half stuff with Glasgow council, is that just a load of crap?

     
  • At 23/02/05 21:43, Blogger Paul67 said…

    Celticbhoy, count me in for a pint, I’ll look out your email address when I get to the office, or email me 1967@lisbonlions.com

    Tony, good to see you back, I trust your trip was fruitful?

    “G”, We will only need a share issue if we are going to England. Put it another way, if we are going to England we will need a share issue. I believe we are going to England.

    Frank, totally agree on the Laursen point, no foul.

    Anon, It was Peter Lawwell who said that an announcement would be made this financial year (which ends in June). Anyone who tells you January is causing unnecessary problems.

    On the way along London Rd on Sunday I noticed a lot of ground work going on on the waste ground before you get to the cemetery.

    Fargo, I’ll consider your prose off-line with a cuppa.

    What was great to see tomight………

    Chelsea lost at the Nou Camp, where we drew.
    Milan won away at Old Trafford, where they drew at Celtic Park.

    Same team, same players we have now. Once more time “Don’t panic, Don’t panic”.

     
  • At 23/02/05 22:21, Blogger stevie67 said…

    Hail hail to all,
    'spent since Sunday catching up on the NeilR-how to buy into premiership debate; excellent work all round, (unable to participate, wife on nights and two year old Aidan had me too knackered to log on by the time Igot him down,)
    Worst thing about Sunday was second half capitulation; missing good chances first half was pretty bad but I felt confident at half time. However, couldn't believe apparent lack of hunger to get back on top when Rangers came out strong in second 45. Like others i'm perplexed how they always seem to get a good deal down the goalie shop and we get guys who can't see a ball coming at them from 25 or 30 yards away (Rab against Rangers twice, Magnus against Lyon, etc.)
    I'm a shareholder at present and would not be prepared to dig deep again, was disappointed with misleading statements the last time about martin gettng 'the lion's share' etc.
    With respect to the training facility, I know there has been action to pursue sites over past few years; i cannot break commercial confidentiality, (I'd get the sack and young Aidan would have to starve) but was involved in some appraisal work a few years back in site search, planning discussions, etc.; although nothing concluded at the time I'm certain enquiries were serious and this remains part of Celtic PLC ambitions short-term.
    I didn't see reserves the other night but hear the bhoys II did well. Did anyone else see home tia against Juventus last week on (free) Celtic TV? Plyed exceptionally well, admittedly we lost the three goals but always looked like scoring and should certainly had one, and maybe two, more penalties. Lubo was Lubo and Agathe and even Petta threatening.
    Whatever happens in summer restructuring we must get back to attractive attacking football instead of this 'ugly' stuff, although from now until end of season the priority is firstly three points and secondly racking up the goals.

    Remain positive everyone, (even the neg-anons if that makes any sense.)
    Hail hail

     
  • At 23/02/05 22:49, Blogger TerryO'Neill said…

    I also read the article on e-tims
    about the loss of the Celtic ethos
    and it stuck a chord with me.
    I like to think of myself as a passionate Celt who backs the team thru thick and thin but on Sunday i didnt.When we were up against it, at one nil down, i sat on my hands,did noy sing,did not try with every fibre of my being to help and i let the club down. I was as flat as the players.Now that i have had a few days of reflection and having read the aforermentioned i'm reinvigorated.
    In defeat you can only resolve and determine to do better.Its not whether you get knocked down its whether you get up.The game is about attitude and you have to win the war with the guy in front of you our players can and will do it again,keep the faith.

     
  • At 23/02/05 23:22, Blogger McGraininSpain said…

    Wine's in! Here comes a rant!

    Sunday still pains me because apart from ending up in a boozer full of superannuated huns in Benidorm (long story), I fell an awful long way from feeling so confident at half time. They came out with fire in their bellies after the break, and whilst we looked clueless, we weathered that storm. Rab's mistake sums up the fact he's not good enough, but he still might be our best. Marshall will play from now on. Sutton does not do it for me in the middle and hands off BBJ - we know his limitations but he's still our top scorer, still top in the SPL (?) and as I recall, no-one on this site, your fine slf included Paul said a dicky bird (when did I last use that phrase? Dicky bird? Whoo!) when we pulled off the PR coup of the season by tying the big man up for 4 more years on the eve of out last outing against those lot.

    2nd goal? Sucker punch. Should have we been able to fight back? It doesn't happen often in these games.

    My question is where was our fire after the break? What happened to the famous half time talk from MON and his team? Without it, we handed momentum and a barrowload of confidence over.

    Never again should we underestimate those lot to that extent. They are crap. But at the moment we're not much better. But better we are.

    Back in the autumn when some cream-faced loons were calling for MON's heid, I called for reason and cool heads to prevail. My view then, was that we were in a transitional phase, and that as long as we kept the title and brought through (either from the lads or from a £20m spree) a new stronger team which would position back amongst the top 20 of Europe then I'd be happy. My opinion has not changed.

    But I see the cream-faceed loons are at it again. I think we will win the title this season. It is beyond my comprehension that some here think we've already lost it! You are the blogging equivalent of legging it after the second goal. I stayed to the end even though I was nearly slapped about by a Blue-nosed Pensionista and chased by fenian-hating, zimmer-framed septagenarian who had (I jest you not) Capucho on the back of his shirt!

    Oh Christ we all have our views on everything (I thought Ian Andrews was ok!) but our job as fans is to get out there, wherever there is, and sell the club.

    C'mon the Hoops!
    Viva los Aros!

    McGrain

     
  • At 24/02/05 00:17, Blogger Bobby Ewing said…

    McGraininSpain - He estado también sobre el vino esta noche :-)

    And you know what gets to me the most about sunday? Its that we lost too a poor team. a team that
    only finished above wonki-donki in the uefa cup group. Now I dont mind getting taught the odd lesson
    by Barcalona or Milan, different class they are indeed, but getting beaten by a team that is man for
    man not as good as ourselves, is frankly embarrassing.

    Paul67 was right though
    "Chelsea lost at the Nou Camp, where we drew.
    Milan won away at Old Trafford, where they drew at Celtic Park.
    Same team, same players we have now. Once more time “Don’t panic, Don’t panic”.

    very true but we all know -when our team is totally on the money- we can make is difficult
    for these teams, but we cant compete. Ive just watched the barca v chelsea game and the
    skill level is on another planet from the fayre we get served up in the SPL.

    MON has shown to everyone that organisation, aggression, power, (and the odd Mr larsson) can get
    you a long long way but ultimately the teams in last 16 of the champs league are way ahead of us.
    It