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Celtic Quick News: quicknews Archives

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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.

All information is provided 'as-is', to you use it at your own risk. Always seek professional financial advice before making an investment decision.

Wednesday, February 22, 2006
Celtic interim accounts show player investment at £6.55m for six months

Celtic plc released their interim results for the six months to 31 December 2005 last night and gave the first indication of the financial consequences of an early exit from Europe and the £15m share issue in December.

Turnover fell to £33.3m (2004: £39.2m), though retained loss for the period was only £961,000, considerably less than I feared.

A change in accountancy rules required Celtic to reallocate £4.6m of non-equity share capital (preference shares) as debt. Under the new rules net debt was £13.3m.

The club reported that it had invested £6.55m in the acquisition of football player registrations for the period.

The ‘Nike effect’ provided the brightest news, as merchandising brought in £9.6m (2004: £6.5m). This reflects not only the extra income Celtic received under the new merchandising contract, but also additional retail sales of the new kit. Sales were particularly depressed during the last year of the Umbro contract.

There is now £25.3m on the balance sheet, the December share issue lifted this figure from what would have been £11.4m.

I had real fears for these figures, most of which were unfounded. Operational costs fell slightly and income not connected with European football increased significantly.

Importantly, Celtic invested in player registrations at the upper end of most expectations and debt is clearly coming under control, which will alleviate the burden of interest repayments that have dogged the club in recent years.

I read a lot of football company accounts, and few manage to keep debt, net assets, turnover and profitability all pointing in the right direction while getting the product right on the park.

Celtic have not won every battle in this respect, but they have come through a difficult restructuring looking healthy. With ‘an even bounce of the ball’, next season should present more opportunities for development.
Posted by Paul67 at 12:20 AM :: 

90 Comments:
  • At 22/02/06 00:30, Blogger Kingoh said…

    first?

     
  • At 22/02/06 00:31, Blogger Kingoh said…

    twice in a week!

     
  • At 22/02/06 00:35, Blogger Kingoh said…

    anybody want to come second out there!!

     
  • At 22/02/06 00:40, Blogger Kingoh said…

    Excellent news Paul.

    I was also expecting to take a real hit from the early euro exit but things do not seem to be as bad as first feared. I would expect the merchandising to tail off unless a new strip is brought out but I suppose this would be off-set by 'champions' DVD's.

    Now for a run in Europe. Things would most certainly look up then.

    In summation, our club appears to be in good hands.

     
  • At 22/02/06 00:41, Blogger Mick said…

    Paul,
    As others have mentioned regarding merchandising we could do better.A greater seemless operation especially when ordering from the web. The hold up's when the new strip was launched hopefully was a blip nad Nike fully understands the global brand that's CELTIC.

    The customer service side of Celtic just has to be improved also.

    Away to my scratcher!

     
  • At 22/02/06 00:43, Blogger Mick said…

    Was too late, but Kingoh that must be the first quadruple !!!!

     
  • At 22/02/06 00:46, Blogger Kingoh said…

    Also Paul you mention the 'Nike effect'. I remember from my last visit to the nou camp that their club shop had a nike corner where they sold in addition to nike footwear, shirts from other clubs in the nike 'family'. Has our adoption to the family been beneficial in this regard? Do supporters of other clubs worldwide have the opportunity to buy Celtic shirts?

     
  • At 22/02/06 00:47, Blogger Kingoh said…

    Mick

    It could have been more but I got bored waiting!

     
  • At 22/02/06 01:01, Blogger JohnBhoy said…

    Paul,
    I have to be honest here and say that on a couple of occasions your comments on the tactical side of the game of football have really ripped my knitting. I try not to mind too much, even though the mere fact that you disagree with me means that you're wrong.
    (;-0)
    But when it comes to financial analysis, You're Da Man!
    Thanks for an excellent explanation. I'm sure there will be some who disagree, but I feel we really owe Peter Lawwell, Brian Quinn, Dermot Desmond and the rest of the board a real vote of thanks for steering us through turbulent waters.
    And, hey, wee Gordon and his team haven't done too bad either, have they?
    In fact, you can tell the feelgood factor is becoming infectious when I admit that I am even starting to ENJOY the posts from P8ddy. He's been in great form recently.
    What's happening? Are we top of the league or something? Are Rangers about to hit the rocks in more ways than one?
    Wow, isn't life Grrrr-8!

     
  • At 22/02/06 01:24, Blogger Estadio said…

    Kingoh (12.35 am) et al,

    I don't know if I will be second, twenty-second, or one hundred and second, but I am pretty sure that I know the reason why the frequency of some tremendously enlightening debate is dwindling.

    The intangible vision that inspired this site to some of its most marvellous moments and exchanges both during the day and even more memorably during the night, seems to have vanished into a twilight zone of negativity and tabloidesque vacuousness!

    It is not for the likes of me to say whether the assassination of Peter Grant's efforts in a Celtic shirt were legendary, cultish, or below standard - I only wish that I had been given for one brief second in time, the opportunity to sport those colours and walk with wide-eyed childish heart-thumping ecstacy onto that hallowed rectangle!

    Illogically we also mock regularly the 'mercenary' qualities of some players, past and present, while still wailing and gnashing our teeth at the apparent inability of similarly mocked management to go out and acquire more of the same.

    We have mourned the death of our youth policy over the last few years, especially where we give few chances to those who have come through the ranks, and yet when those who have done so are faced for the first time in their lives with the ampitheatre of marvels and 60,000 onlookers, make even the slightest of mistakes we moan and catcall and undermine that lifeblood of achievement - confidence.

    We refuse to give our wholehearted backing to a management that is not only surely trying its best but is surely on any reasonable appraisal, also succeeding.

    I am not uncritical of everything that goes on at the Club that I believe I am integral part of, but I'll tell you all something;

    I would be happy (and do when given the opportunity) to voice my views and opinions to those who could do something about it, in a language that hopefully shows respect and constructiveness.

    I would not be reticent of stating to Roy or Peter or Pierre or Paulo or Gordon, in the same (not always complementary) words as I would use on this blog, my own opinion on their contribution or otherwise to this phenomenon!

    I wonder if some of the posters over the last few days would be able to go up to their apparent targets and use the language that they have keyed on here!

    I write regularly to Celtic, using my own name.

    If you think that your views add to the solution of whatever you perceive as a problem then I suggest that you do so also!

    As I mentioned above (if any one if gives a damn and is still reading), the magic difference of Celticquicknews seems to have paled.

    The fourth estate who I know are regular voyeurs and occasional contributors are loving it, not because of the opinions expressed (similar comments are a regular feature and in some cases the raison d'etre of many other sites), but because of the strapline and the apparent ideals and unwritten ambitions of Paul's invention.

    We forget that fire of lazy journalism is in the vast majority of cases not fought with more lackadaisical flames - irrespective of bland aphorisms - but with the cold hosing down with the refreshing waterfall of facts, inspiration, history, ambition and confidence in the future!

    I'm sure we'll get there!

    Tiocfaidh ar la to all other fully paid up members of The Greatest Supporters In The Universe!

    Estadio

     
  • At 22/02/06 01:40, Blogger Camara Paradiso ? said…

    First time poster etc.

    Just wanted to say agree with every word Estadio

     
  • At 22/02/06 01:43, Blogger SanFran_Tic said…

    This post has been removed by a blog administrator.

     
  • At 22/02/06 02:07, Blogger SanFran_Tic said…

    Mick

    Are you reading my notes? I agree 10000% re: the customer service.

    We need customer service not fan service. As all new customers may not have converted to fan and will ne less tolerant of the inadequate service provided. That being said they should not rely on blind loyalty either. I have been a fan for over 30yrs – I cancelled C67 and don’t buy from the site cos the split deliveries a big deal when ypu are 6000 miles away. Double or triple carriage costs. They have also misbilled and for good measure they misshiped unordered product. They really must be improved for many reasons. Not least that it is an indicator of the underlying capabilities of Celtic PLC. I would not tolerate this if I were the oversized cheese at CP.

    Paul67 I believe the on-line store was outsourced. As Dr. Phil would say – “ how is that working for you’
    What matrices are we evaluating the success of this action? No. of misshipments, no. of returns, no. of customer calls, no. of unfilled orders, no. of back orders, average fulfillment rate in days , no. of disputed billings, no. of inventory turns, criteria for promos on slow movers….
    I would compare this to pre-outsourcing if we have the data. Also I would request these stats from the on-line management company. I would then expect agreed improvement on all key performance indices.
    I would also want to know what customer data they were collecting and how they will use it for targeted marketing and also how we can access and use for other marketing drives.

     
  • At 22/02/06 02:14, Blogger SanFran_Tic said…

    • Paul67 any idea what the subs from C67 chip in and what is the target eventual contribution from this service……are we there yet? (You know this is a little pet of mine....I would love to see it flourish.)

    Any idea what the projected bump based on our introduction of our Japanese web site and associated content? Did it match expectations? What % of online sales are expected from non traditional geographies next year?

    Ok so now you can see I have a linear thought process going on here - What is Celtic's marketing strategy in Japan? Is it enough to hope people make the leap that Naka plays for Celtic, so they should go to the official web site see what they are about. That would be a little too passive for me if that was the case.

    I would suggest a campaign of a Hooped Naka on TV promoting the site with an intro offer of two months free service (C67) with a promo / incentive of a 20 quid equivalent to spend at the on-line store or a Naka shirt….whatever……for those who sign up. Let’s get in their face…blanket texts to all handhelds….video clips of Naka’s goals to mobile devices for free. CQN translated to Japanese…ok baby steps.

    Moving on…kinda.
    Is our tour of Japan next year going to be televised in Japan? Is someone charged with it’s promotion? I can tell you the N. American series of the past few years was done really well. Though I think the organizers drove it rather than the teams. Do we have any ‘give always’ planned for the Japan tour? Celtic pins, baseball caps, Naka T-shirts? Let’s cultivate some interest/curiosity. It is the cornerstone for building some loyalty in the segment.


    I am not asking this question expecting you to know all the answers; maybe you can pass my questions forward as suggested approaches to be tossed aside if silly.


    Another thought...stepping outside my tech comfort space. Is our web content WAP compatible (if there is such a thing)? I believe there is a high % of mobile access to the web in Japan. If our content does not play well on those devices re: format, performance etc, it may reduce the adoptive market size.

     
  • At 22/02/06 02:21, Blogger 'Gavil Guy said…

    Estadio
    I don't or perhaps better put, can't, participate in any kind of stimulant. However, I would give my right testicle to partake in whatever it is inspires your wordsmithing.
    My chest could never contain my heart
    were I ever able to make an appearance in the Paradise Bowl.

    Can you imagine the privilege,
    preferably under the floodlights,
    on a frosty November evening
    with the mist hovering around the stands,
    60,000 voices raised in unison and tribute,
    not to the present team,
    but to the many generations who created the foundations of the club and carved a place for us in a hostile society.

    That's only one reason I can never be hypercritical of players who wear or wore the hoops in earnest.
    I am Green with envy and in awe of their achievement.

    Now I'm getting maudling. Blame the Tetley's tea.

     
  • At 22/02/06 02:23, Blogger SanFran_Tic said…

    Paul67

    Just so you know. I bought a Valentines gift for the wife from one of your ad sites. It saved my bacon.
    For the record, it was an Irish wedding blessing in sweet frame. Real nice. Thought I would head of any speculation re: the possible item procured. There are some blaggards out there incase you had not noticed.

    Noel90 how are you?

     
  • At 22/02/06 02:28, Blogger Estadio said…

    Gavil Guy,

    No need for stimulants for you!

    I think I will nip down to the 24 hour ASDA at toryglen and get me some of that there Tetley's tea!

    Estadio

     
  • At 22/02/06 02:39, Blogger SanFran_Tic said…

    This post has been removed by a blog administrator.

     
  • At 22/02/06 02:44, Blogger 'Gavil Guy said…

    Sanfrantic
    You have listed a whole load of items which probably would never enter the public domain. You wouldn't expect GM, Ford, WalMart, Fidelity, Chase or EXXON etc to reveal these internal metrics even to shareholders.
    One area I think we should be doing better in is the NA market.
    Items:
    Celtic highlights on Fox Soccer Channel instead of watching the blinkered goons pushing the EPL agenda. Highlights include Celtic history program content from Celtic TV.
    Link ups with Nike and or other sports organisations including baseball, football, soccer, etc with Celtic nerchandising aimed at the US market. (Check Manhattan CSC site for the baseball shirts we will use when marching in the St Patrick's day Parade
    http://www.manhattancsc.com/Merchandise.htm )
    Celtic youth teams playing in tournaments over here and inviting winning tournament sides to Lennoxtown when it's complete.
    Youth coaches running Celtic camps in the summer.
    Consulting with the Celtic fan base over here for ideas in how to raise our image in the largest sports market in the world.

    All in addition to the excellent ideas you had for the Far East market.

    Further ideas and contributions we can gather and send to BQ PL?

     
  • At 22/02/06 02:44, Blogger SanFran_Tic said…

    Gavil

    Peter was solid. I played against him back in the Boys Club days...he was a striker.

    Roll forward 10yrs or so. I was a dossy student on the 35 bus. It ran along the London Rd through to Edinburgh. Peter now an established first team player is riding the bus. No merc or Porsche for Peter. (he is riding only out to the training fileds) He passes me by on the aisle. I was coming out from town heading home to Viewpark. He looks at me. I give him a nod. He says I know you. Well I played against you a couple of times I say. I tell him I played for St. Columba's. Ah "that's right' he says. I say 'Peter...you used to play up front what happened?' He said 'that's right I did, dunno'. I told him 'me and my mate where told to kick you senseless'. He laughed; ‘yeah I always enjoyed those games’.
    I asked him what it like is to play for Celtic. Brilliant he says. Brilliant I say back to him nodding in agreement. He wishes me well and gets off.

     
  • At 22/02/06 02:51, Blogger SanFran_Tic said…

    Gavil. Totally agree. I was really just passing my thoughts dressed up as questions to Paul67. My hope was he might lob them into marketing as some suggestions. To either stimulate discussion or be tossed as unworthy. I did not expect specific answers; I think I hide that somewhere in the note? If not I meant too.

    Is it warming up in NJ? I am seriously thinking of going to NYC for St. Paddy's or St. Patty's Day as I have seen here in Cali. Is that only a west coast thing? The whole St. Patty's?

     
  • At 22/02/06 02:54, Blogger Singapore Celt said…

    Lets just think back of PG testimonial...... speaks for itself....

    Kirsty - I have started scrolling past your drivel, you talk utter kak!!!!!!

    Anyway, lets everyone get behind the bhoys and roar them to the league and League Cup....

    Hail Hail
    SPC

    P.S. Estadio....... Quality posting once again!

     
  • At 22/02/06 02:59, Blogger 'Gavil Guy said…

    Estadio thanks and may I say that your inspirational team talks have been sadly missing the last week or so.

    Even an comprehensive 8-1 thrashing merely redirected the carping to a previous generation.

    A dose of Mr J J Dick's legendary Lochgelly leather products would not be amiss sometimes.

    You wouldn't have one handy would you?

     
  • At 22/02/06 03:11, Blogger 'Gavil Guy said…

    Sanfrantic
    Local CSCs will be marching in the parade. St Paddy's Day locally.

    Check the Manhattan CSC site for local events around the parade including of course the CIS cup final.

    I hope to be marching myself. I have the shirt and just need to be sure I am healthy enough to make it.
    I did it two years ago and it was one of my lifetime's ambitions fulfilled.
    We marched the whole route singing Celtic songs and chanting in temps that were about 10 below freezing.
    Last year it was in 60 degree sunshine and I couldn't make it. So take your pick re weather possibilities.
    Let me know if you are going to make it and I'll hook up with you and put you in touch with some hearty party people who can help make it an unforgettable Celtic experience, if perhaps a little hazy on the exact details.

     
  • At 22/02/06 03:42, Blogger 'Gavil Guy said…

    Nice quote from Brian Quinn in the Herald report on the club finances:

    "Celtic is in a financially strong position and doing well in domestic football. Although we have suffered setbacks in the last six months, we should remember that only the mediocre are always at their best."

    Nice one Brian.

    HERALD ARTICLE

     
  • At 22/02/06 04:04, Blogger 'Gavil Guy said…

    8 Bells (Been dying to say 8 bells all week)
    All is calm and the inhabitants of CQN await the arrival of Postman Pat and his black and white cat Noel.

     
  • At 22/02/06 04:18, Blogger Singapore Celt said…

    Re: BQ comments

    I think we actually under estimate BQ, I mean we booed him when he unfurled the flag (I actually applauded) we moan about him not spending money blah blah....... however make no mistake he is a very important member of our board with his knowledge of financial enviroments and I for 1 will appreciate his commitment long down the line as we dont want to down the road of going to the wall.....

    Hail Hail
    SPC

     
  • At 22/02/06 05:32, Blogger noel90 said…

    Morning-Gavil,SanFran,Singapore Celt-

    She,s looking g88d this m8rning.

    Extra rum rations for the lads.

    Gavil-

    "Mr J J Dicks Lochgelly Leather Products"-

    was that where you got your condoms from back in the old days........?

    Tonight-

    Come on Riquelme !

    adios.

    noel.

     
  • At 22/02/06 05:35, Blogger noel90 said…

    Oh- Estadio !-

    one of these days I will bump into you in the carry-out isle of aforementioned
    Asda......

    adios again.

    noel.

     
  • At 22/02/06 05:54, Blogger Singapore Celt said…

    Morning Noel...

    Glad to see you are not l8 today......

    Anyway Villareal shall win 2 -1...... IMO

     
  • At 22/02/06 06:55, Blogger KD-FfM said…

    Estadio,

    great post!

    My own take on the site is also that the spark has gone, however I think that that is partially due to our lack of involvement in Europe.

    Without the discussions that the CL (or UEFA) generate we have become too focused on the tedium of the everyday, which can (and often does) quickly degenerate into a rabble.

    Some other posters have mentioned in the past that there should perhaps be more blogs running in parallel. I think that could be a good way of working.

    Looking forward to european adventures and the bigger picture.

     
  • At 22/02/06 06:56, Blogger SanFran_Tic said…

    Gavil

    Forgot to add I am in total agreement on the N. American approach. Also agree with you on using local focus groups to help hone marketing / infiltration planning. - Paul67 I think this is a superb idea from GavilGuy. Your regulars may present a good superset for overseas market intel, local customs and social norms as well as new product/service offering evaluations in their geographies. I think you have a great domestic group there too.

     
  • At 22/02/06 07:16, Blogger Ian_in_budapest said…

    Gavil Guy I can't agree more with your point. Take away the reasons to complain about the current team and we have posters launching into tirades about our past players.

    Frankly, like many others, I find many of these posts to be disrespectful, unfair and tiresome. I've consequently tried to let the discussion pass me by. However, I keep asking myself, "what's the point of slagging off players like Peter Grant or Roy Aitken who gave their all for the Celtic cause?" Is this merely a way of attracting attention? As others have rightly pointed out, such behaviour merely apes the very 'journalists' most of us despise and wish to avoid. (In fact, I often wonder if some of these posts might be originating from those same sources). Anyhow, may I suggest we adopt a similar strategy and simply ignore posters who spout this rubbish. Starve them of the attention they desire and most of them will either go away or better, start posting in a manner that attracts comment.

    As Estadio has articulated in his typically eloquent way, if anyone wishes to pass comment on an issue, is it so much to expect that they do so in a civilised and constructive manner? If we neglect this principle, I fear CQN will lose the key factor that distinguishes it from lesser forums.

     
  • At 22/02/06 08:03, Blogger apesanteur said…

    Paul67

    I haven't seen the accounts.
    You write 'There is now 25.3m on the balance sheet, the December share issue lifted this figure from what would have been 11.4m'
    I take it you are referring to owners' equity? As an accountant I'm wondering what you are getting at? No slight intended -just genuinely curious.

     
  • At 22/02/06 08:07, Blogger Jinky said…

    Estadio

    Thats the pride I feel just knowing I'm a hoop.

    Now to scroll back and read the rest of the comments. (and click on some ads).

     
  • At 22/02/06 08:08, Blogger Denia Bhoy said…

    Paul - the figures are indeed good and demonstrate that the Board have the debt beast under control. If/when we win the title and the seedings go our way then perhaps next year we will be close to being debt free. The solid financial foundation that would put us in along with the new training ground facilities might be enough to ensure we do not have to keep dreaming of EPL entry to push us forward.

    Hail Hail

     
  • At 22/02/06 08:08, Blogger ternar said…

    excellent post Paul.

    Kirst McCabe - Darren Jackson scored two goals in 27 games for Celtic. And he was a centre forward. Packie Bonner had a better goal scoring record.

    My vote for the worst Celtic player of all time.

    Ternar

     
  • At 22/02/06 08:16, Blogger TheMadMurph said…

    Hats off to the nightshift. Some gr8 stuff. Estadio inspirational. I wish a few of your verses could be put onto the big screens before a match. With addrenalin pumping and pride bursting the atmosphere would go up a notch or 8!!!

    HAIL HAIL

    TMM

     
  • At 22/02/06 08:32, Blogger Dick Byrne said…

    estadio,

    Yet again I find myself in 100% agreement with you.

    It's been very disheartening to find criticism of the likes of Aitken, Dalglish & Grant over the past few days.

    Your posts never fail to inspire - please keep fighting the good fight!

     
  • At 22/02/06 08:35, Blogger Singapore Celt said…

    Well, I will put it over to the dayshift......

    It's goodbye from him & Its goodbye from me.....

    Hail Hail
    SPC

    P.S. Celtic v Aberdeen is a crucial match and potential league winner IMO, c'mon Bhoys do your stuff!!!

     
  • At 22/02/06 08:42, Blogger pggtips said…

    "what's the point of slagging off players like Peter Grant or Roy Aitken who gave their all for the Celtic cause?"

    btw this only applies to Peter Grant. Roy Aitken on many occasions did something out of the ordinary to prove he was more than worth his place in the side.

    When people defend PG, mostly all they can say is, "he gave 100%", my question is 'How does anyone know that?'.

    Just because he grew up in the West Coast of Scotland, and was Celtic through and through, and loved it when Rangers lost, doesn't give him an automatic "he gave 100%" get out of jail free card.

    Evidence during football games themselves is the only way you know...

    And in may experience of PG, there was a lot more he could have done, even including his limited talent.

    In short, I don't think he gave 100%, much less than indeed, and that is my final word on it.

     
  • At 22/02/06 08:44, Blogger Parkheadcumsalford said…

    Paul,

    First of all, my apologies for the Peter Grant-thing. I shall try and restrain myself in future. Feel free to delete any of my contributions which create the mayhem that caused.

    Thanks for your explanation of our current finances. Here's hoping we do proceed on a sound footing.

     
  • At 22/02/06 08:59, Blogger williebhoy said…

    Absolutely superb once again from Estadio...fully agree with every single word.

    Regards the accounts, Despite the serious setback in Europe the board & Management team have done an excellent job in ensuring debts are under control, reducing the wage bill and keeping Celtic at the top.

     
  • At 22/02/06 08:59, Blogger Danny said…

    Paul, hasnt the 1st 6 month period been the period where we make a couple of quid, to compensate for the latter half, where we have always made the bigger losses due to no euro football etc..?

    These results dont seem too bad, but, are the 2nd 6 month results definitely going to be a lot worse, or not necessarily?

     
  • At 22/02/06 09:12, Blogger davybhoy said…

    The importance of a worldwide brand should never be underestimated, in San Francisco recently I was delighted to see in the massive Nikeworld store a selection of Celtic gear, it was good to see this amongst all of the NFL and NBA equioment. We should make real efforts to tap into the goodwill that does exist towards us. Increase the P.R. increase the profile and we will benefit financially

     
  • At 22/02/06 09:13, Blogger Burnley78 said…

    Great that Celtic have to disclose more about the true finacial picture....makes it a bit more galling when the 'hacks' either through ignorance or mischief choose to misconstrue them. The information is all there, it is easy to join the dots unlike Rangers.

    It is obvious that revenue was up from Nike deal which helped the 'top line'. It would be of interest to see if the full impact of this is translated to the bottom line also for if %margin is compromised as a result of being a partner with the 'brand leader'.

    Anyone heard anything about the deal to sell rights to the shirt / merchandise revenues from internet sales. How will this translate to accounts ?

     
  • At 22/02/06 09:18, Blogger thismancraig said…

    Great post estadio.

    Celtic Quick News - Only the Mediocre are always at their best!

     
  • At 22/02/06 09:35, Blogger Lubo's_Magic_Boots said…

    From football-rumours.com
    From someone in the know, Rangers set to move for Shaun Maloney, as they see him as back-up and ideal competition for Chris Burke. Paul Le Guen will be given approximately £20 million to spend in the summer.

    Celtic will sign several players although all will be bosmans. i.e. Hammell, Bob Malcolm.

    I smell rafael...

     
  • At 22/02/06 09:43, Blogger Paul67 said…

    JohnBhoy, it is incredible that tow people can watch the same game and come away thinking different things. Thanks for your kind words.

    Agree that Peter Lawwell, Brian Quinn and Dermot Desmond deserve credit for navigating a tricky path in recent months.

    Estadio, I agree with your sentiments, as Celtic Quick News has broadened it’s edges have frayed.

    We must broaden, though to remain (or become) relevant. If the key contributors maintain their standards, and I certainly include you here, the project will swing back into line.

    Weclome Camara Parasidc ?

    SanFran, I have not returned to the online store for sometime following a previous stressful experience.

    I have no info on revenue targets from C67, though someone who knows tells me that you will have no problems getting reliable service now.

    Summer tours are not confirmed yet.

    Geat to hear an advertiser has gotten a turn, thanks.

    Singapore Celt, I agree. Brian Quinn is an important set of eyes on the Celtic board. When he retires (hopefully after another 15 years), we will struggle to find someone as earthy.

    Apesanteur, my turn of phrase to describe what the balance sheet would look like without the share issue was simply to show the value of the issue.

    Thanks ternar.

    Parkheadcomesalford, I did not read a single comment on the Peter Grant debate, so you did not trouble me. Not interested in taking the bait.

    Danny, you are correct, the second half has always been worse because we don’t have the Euro income, but we did not have the Euro income in the first half of the season this time.

    Income in the second half will be up on last season by several million according to my calculations.

     
  • At 22/02/06 09:50, Blogger Corby Bhoy said…

    Estadio - Uplifting post as usual.

    Up working in Glasgow when Aberdeen game is on. For the first time I can remember I can't get a ticket for a non OF game. Those of you who are regular match goers know how I can get a pair?

     
  • At 22/02/06 09:50, Blogger Zbyszek said…

    There is a great interview with Boruc in "Nasza Legia" (Our Legia)neewspaper.
    I can't imagine more favourable praise for Celtic club and Celtic fans.
    This article explains what is real, and how the infamous intensions hurt.
    Copyeditor appeals on the third page to the journalist: There are many kinds of dictaphones available on the marked . Everybody is allowed to buy them, record the interview, then sit down and write the article. But it's not allowed to change the sense of one's declaration or view, what we see in that case. If we add incompetent scotish translation to that, then the conclusion is that Artur is unhappy, poor man.

    "Nasza Legia" is the only Legia fans newspaper.
    Happy to see that there.

     
  • At 22/02/06 09:53, Blogger Giz A Huddle said…

    Rumours.com is funny latest revelations are:

    Rangers

    Out will go Alex Rae, Robert Malcolm, Alan Hutton and surprisingly, club captain Barry Ferguson

    In will come Viera

    Celtic Outs

    Aiden McGeady and Simon Ferry to Man Utd

    Why do people post this rubbish.

    Pat

    Click the ads

     
  • At 22/02/06 09:55, Blogger NatureBhoy said…

    Anyone read The Herald's take on the release of the accounts? In their defence I suppose it was a sports writer and not a financial commentator, but surely they need only liase with one another to make their coverage of the issue more rounded and more precisely, correct.

    I am surprised at The Herald being so slap-dash though.

     
  • At 22/02/06 09:57, Blogger Zbyszek said…

    Yesterday il postino said

    Speaking of lazy journalism, did anyone see the BBC comments by Terry Gennoe that MON would have dropped Boruc over his comments to Legia fans?

    Can somebody expain what's going on and what does this mean?
    Zbyszek Legia fan

     
  • At 22/02/06 09:58, Blogger Giz A Huddle said…

    Just seen that Bolton have pulled out of offering Didier Agathe a deal due to a problem with personal terms.

    Obviously DA is not worth as much as he thinks.


    Pat

     
  • At 22/02/06 10:07, Blogger shamrock diary said…

    estadio

    Your post was excellent and as on many occasions before an inspirational one.

    I have found it really off-putting recently to see the level of comment here on CQN delve so much in to the negative particualrly about things that we cannot change.

    Paul commented that he ignored the debate over the last few days re Peter Grant and by yesterday I stopped reading it too.

    There are times when the debate here just depresses me rather than inspire or uplift me and as a result like you I have found CQN to be less of a force as a result.

    However I accept Paul's comment that this is also a period of transition for the site as he attempts to broaden the agenda.

    Maybe like our beloved team as it goes through its transition we just have to work a little harder at it and make CQN better for it.

    I'm sure you'll help us lead the way.

    Thanks for reminding us again of some of those core values and feelings.

     
  • At 22/02/06 10:08, Blogger Giz A Huddle said…

    Zbyszek,

    It is just the usual trash that when most (not all) former employees are asked for a quote as to something that has happened at Celtic they usually stick the knife in.

    Not many supporters take any notice of these things.


    Pat

     
  • At 22/02/06 10:14, Blogger corrib04 said…

    Good news on financial front. Well done to BQ and co for direction and decision making in a difficult period.

    Estadio, JohnBhoy, genuine supporters who always inspire with their affection towards our club.
    To the squabbling young'uns dont scroll past these guys if you want to know how to support your team.

    You know who you are.

     
  • At 22/02/06 10:14, Blogger NatureBhoy said…

    Zbyszek

    It means that they cannot be bothered with sourcing real stories and therefore speak to an unconnected person who has no appreciation of the context, circumstances nor knowledge of the player to pass unqualified comment and keep this non-story running a little bit longer when it should have died out like the dinosaurs.

    Pretty much the staple actions of the wonderful Scottish press you find!

     
  • At 22/02/06 10:14, Blogger archiebhoysdad said…

    Going back to a previous post re the treatment of Zurawski after a few games.

    I was in one of the lounges at half time during a game earlier in the season and was standing next to 2 boys aged around 7 and 5. The older one spent the entire duration of the break saying “That Zurawski, he’s raed rotten”, the younger one tried in vain to argue with him that this wasn’t true, however after the older one repeated his phrase for around the 20th time, the younger one conceded defeat and took as gospel the words of someone more senior.

    At this stage I pointed out to the older one that I had earlier that day watched a video of Magic’s goals and that contrary to his opinion his younger friend may indeed be correct and that it may be better to give Zurawski a little more time before writing him off.

    His response was predictable “That Zurawski, he’s raed rotten”,

    I asked him why he thought so and he informed me that his dad told him and it was in The Record.

    I sit in 202 and several of those around me are serial complainers, I find myself in constant arguments with them, fortunately the need to argue lessens during the last 5 to 10 minutes of the game as they have normally gone by then.

    IMO it is essential that these moaners are shouted down and are not allowed to undermine the confidence of those on the pitch.

     
  • At 22/02/06 10:15, Blogger MolesRus said…

    From last nights Estadio post...

    The fourth estate who I know are regular voyeurs and occasional contributors are loving it, not because of the opinions expressed (similar comments are a regular feature and in some cases the raison d'etre of many other sites), but because of the strapline and the apparent ideals and unwritten ambitions of Paul's invention.

    Would any of the guys who have been singing his praises care to translate? Not being cheeky here, honestly haven't a clue what's being said.

    IMO the standard of debate / number of views on here rockets when we are playing poorly, equally when we do well, folks seem to lose interest.

     
  • At 22/02/06 10:31, Blogger Martybhoy said…

    Personally I loved Peter Grant and I love all who wear the famous hoops. People are far too quick to make up opinions based on poor information and second hand "knowledge".

    The fact that someone earlier on this (possibly the previous) strand had the gall to start discussing the "worst ever" Celtic player of all time just amazes me. What is it with some people? Maybe they should take a look at their own achievements and abilities before they start mullingover the shortfall of others.

    I'd suggest that we don't say he's rubbish he's mince etc etc, why not maybe suggest how you would like to see a player improve and what he might be working on to do this. Not just Dublins crap, Zuras pants.

    This debate has arisen several times in the short life of CQN however most recently there has been notable absences from P8ddy, Malone, Canajunbhoy, Negative anon etc who are all pretty mannerful in their debnate.

    Some of the other posters appear to me to be malcontents intent on winding a few people up and giving new breathing space to the old media.

    Maybe some of the long time posters need to apply some civic duty and start moderating again.

    I want the best for Celtic but I'm not into slagging my team off. As my mammy would say, if you've nothing positive to say, try saying nothing at all. Or better more try doing some work.

     
  • At 22/02/06 10:34, Blogger JohnBhoy said…

    zbyzsek,
    Any chance of translating properly (i.e., don't ask any Scots journalists to do it for you!) a few of the comments from Artur in the Legia newspaper? They may help wi over some of the doubters who still prefer to swallow the tabloid newspaper lies.
    I believe the Celtic players have rallied behind the big man. It has been treated as a joke in the dressing room. Gordon Strachan said on Sunday that this week Artur would be writing a story complaining that Neil Lennon doesn't score enough!
    It will be important, too, for the Celtic fans to show our goalkeeper their 100% backing a week on Saturday. I am certain they will.

    MoleRus,
    You have to put Estadio's comments in their context. He was deriding the increasing number of moaners on this site who choose to deride Celtic players and officials, past and present. Some journalists may enjoy seeing this, as they don't like Paul's constant deriding of their "lazy journalism".
    Don't take the bait. That's what the man said.

     
  • At 22/02/06 10:40, Blogger JohnBhoy said…

    Following on from what I said about Artur, here is a letter just published on the official website:

    I would like to say something about Artur Boruc and his comments, which as I read in press made lot of confusion. First of all, he said everything not in press, but in a private meeting with Legia fans, which had a loose atmosphere. At first, Polish newspapers (who actually weren't present at the meeting) changed the words Artur said, then it came to the Scottish press who changed again what was written in Polish press. I took part in this meeting, and you can be sure, that he was 100% JOKING, as he is always doing it. What he said about John Hartson was a kind of joke, and as I've heard even John is laughing at it now. Moreover, Artur didn't say that he dislikes or disrespects Celtic fans, only that Scottish fans don't shout and sing for whole 90 minutes, just like the majority of Legia fans. But, certainly he did not complain about the atmosphere at the stadium. Please, don't believe 'yellow press', because Boruc didn't intend to say anything wrong, as it was all JOKES, in addition he said on this meeting that he surely doesn't regret joining Celtic. I hope, my letter explained, little bit the whole situation.
    Hail! Hail!
    Maciek Wiinarski, Warsaw, POLAND

    "The YELLOW press". Love it, Maciek. Well said!

     
  • At 22/02/06 10:44, Blogger No Bread No Cakes said…

    Right Paul67 no excuse for you now.
    we'll all chip in for this

    You stick on a big warm Parka and take a flask of bovril up the High Flats in Motherwell, take a look out with a pair of Binoculars watching for the Polis and away you go ! CPNR Celtic Pirate News Radio ;) Monday Nights 6:30-7:30 !

     
  • At 22/02/06 10:48, Blogger click the ads! said…

    click the ads

     
  • At 22/02/06 11:03, Blogger Bhoy_Molloy said…

    AGATHE A BAD READ FOR SAM

    BOLTON boss Sam Allardyce has pulled the plug on signing French winger Didier Agathe after failing to agree terms with the player.

    Agathe had been offered a deal for the rest of the season, but Allardyce grew frustrated with the former Celtic winger's personal demands.

    Now Agathe may have talks with Crystal Palace, who are also interested in taking him on - but he is starting to run out of serious options.
    ___________________________________________________________________________________________________________________________________________

    This lad needs to wise up!!

     
  • At 22/02/06 11:05, Blogger CELTICFC NUMERO UNO said…

    I really do dispair that Celtic fans still buy and believe what they read in papers like the sun/notw and the record/sunday mail and all the other trashy red tops.
    During the game on Sunday a friend turned to me and said ‘what about Borus’s comments’ he then quted the ‘juicy’ parts of the story from the tabloid in question. I have continually told him (and everyone I talk to, rangers fans included by the way) to stop giving these rags any notice, but does it make any difference. Of course it doesn’t.
    I guess my point is that while CQN is fantastic and gives all the Celtic info we need there are a lot of people will always read and believe the papers no matter what.

     
  • At 22/02/06 11:09, Blogger Estadio said…

    MolesRus

    I'll try my best here and apologies for being unclear.

    The fourth estate .. is a fairly common synonym for the 'press'.

    Voyeurs.. please translate as 'watchers' or viewers

    Strapline.. 'Celtic news not lazy jounalism'

    ambitions of Paul's invention.. my understanding was that it was a repository of the truth and constructive criticism of all things relating to Celtic, and a means to countering the negative printed nonsense that tries to pass itself off as journalism!

    The general point I was making was that a constructive discussion with united ideals is actually detested by these viewers since it does not provoke 'outrage' and 'disgust'.

    Their job is to sell papers to as many people as possible!

    A positive headline re Celtic (or some other outfit) will sell predominantly to the clubs own supporters!

    A negative headline has traditionally sold to a much wider audience because more people want to see what is being said for different motives.

    By focussing on the negative aspects of any venture, the old or existing hierarchies and structures are preserved. i.e. we polarise to one or other side of the arguement and that fuels the ongoing self-importance of the press.

    By ignoring them and creating a forum which has its ambitions firmly rooted in understanding the true nature of the club, the solid facts about where we are today, where we are trying to get to in the future, and by doing so with respect and confidence, causes those self-same journalists much pain purely because it firstly

    ...ignores them

    ...does not feed their hunger for controversy

    ...minimises the 'divide and conquer' culture

    and as a consequence adversely impacts their circulation.

    That would in my opinion be a good thing, and that is why I became an adherent to CQN.

    I apologise once more for being less than clear.

    I am sure that a suitable reply from yourself, would be something along the lines of 'why didn't you say that then'!

    Mea maxima culpa!

    It is down to my schooling (although that is something of a distant memory) and to be honest sometimes I don't understand myself either.

    Hope this helps

    Estadio

     
  • At 22/02/06 11:22, Blogger click the ads! said…

    I feel the majority who still read the old media do so out of habit (to read during a lunch break or whatever). The problem is that the controversy contained within (always there) will affect your thinking on the subject regardless of your opinion before reading the 'exclusive' - that is what the old media system is designed to do. The only way forward is to ignore this type of media and seek alternative sources for information (hopefully more balanced). I have done this since May of last year and the benefits have been twofold; I discovered the excellent CQN (thanks Paul) and started reading books during my lunch break! :-)

    Ignore the old media, eventually the lack of oxygen will starve them, they WILL go away.

    Oh and click the ads...

     
  • At 22/02/06 11:24, Blogger click the ads! said…

    I wish I had seen and read Estadio's post before posting my own, much more eloquently put regarding the media. Agree completely...

     
  • At 22/02/06 11:31, Blogger Paul67 said…

    NBNC, FM radio is sooo 20th century.

    Welcome ‘click the ads!’ and thank you for your fine sentiment.

    Agree totally with the point you make on the old media. Deny them oxygen.

     
  • At 22/02/06 11:33, Blogger MolesRus said…

    Crystal clear Estadio - appreciate the explanation of which I'm in total agreement.

     
  • At 22/02/06 11:36, Blogger Zbyszek said…

    JohnBhoy.
    I would like to give you translation of this article. But give me more time to check if the neewspaper can give me the official and proper translation of that. I'm waiting for their call.I would like to avoid misunderstandings.
    If there will be no call I will think it over again.
    Here is one question and one AB answer translation.
    J.During our meeting you said you had an offer from Arsenal.
    AB: That's right, that as been concrete offer, I've talked even to Arsene Wenger.But I've been realized if I don't prolong the contract with Celtic-I was on loan deal from Legia-I close my way to the first squad of "The Bhoys" and consequently to the World Championship.
    Apart from that I wanted to be loyal to Celtic-they have trusted in me and I try to repay to Celtic with the same. Anyway, frankly speaking, Celtic is big, well-ordered club with tradition, rich history and thousands of the supporters.I'm OK here.
    Zbyszek Legia fan
    I'll be probably back

     
  • At 22/02/06 11:40, Blogger Jeromek67 said…

    Paul67

    `JohnBhoy, it is incredible that two people can watch the same game and come away thinking different things. Thanks for your kind words'

    Paul...it's a very interesting point actually and one I alluded to after the semi-final of the CIS cup. I actually think opinion can be influenced greatly by where we sit at a game. Case in point was the CIS semi final v. Motherwell. There were 2 of our players that evening I particularly singled out for critisism yet when I got home and watched the TV replay I realised they had played a lot better than the little credit I had given them. It's little wonder we all put a different interpretation on things.

     
  • At 22/02/06 11:45, Blogger the right rev. david hay (preaching pure football) said…

    ive been banging on to anyone who'll listen, or i think is listening (friends and family) to avoid the usual press outlets for their celtic (quick) news. the problem is that a lot of these people who are phoning the call ins and reading the red-tops are not regular users of the new media available to them. i would go as far as to suggest it accounts for anywhere around 80 - 90% of the celtic supporting public. we will need to wait another few years for them to catch up im afraid. as well as the advertising revenues depleting enough to draw the old media back down into the depths of slime where they belong. im 36. my mates are around the same age and only a couple of them regularly trawl celtic sites on the internet. this leaves the rest open to suggestion from keevans and co. trying to convince them not to listen to these people is quite difficult