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Paul
One of the questions from the other thread was asking if JJB offered the same option, if not exactly the same deal to Celtic?
Do you know if such a question or scenario was ever brought before the board even for consideration.
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I'm no expert on retail science, but this hardly seems like a ground-breaking deal. More like plugging a gap in the balance sheet.
Do we all think that this is "the moonbeam"? Or are there others to come? If this is it, it hardly seems worth getting worked up about...
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Nice one
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Nice one
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I am no retail expert as you will see from my question.
But why do we not earn any extra income from sales at outlets like JJB?
Is the brand not licensed so that even a small fee must be paid for every Celtic top sold.
It seems strange that such a powerful brand in the leisure market should get no return when other people sell it as a product.
Or do we get extra revenue from Nike and so we get indirect benefit later in the year once we have surpassed certain base targets?
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Shamrock diary:
‘A source close to the club’ told me Celtic were offered the a similar deal from JJB Sports, though I believe it was worth more money, reflecting the higher retails sales at Celtic.
The reaction from Celtic went along the lines of ‘you must be kidding’.
We are paid £5m per annum by Nike to allow them to sell to other retail outlets. No other money comes to Celtic when an other retailer sells Celtic merchandise.
For Celtic to earn additional income from your purchase it must be made through a club outlet.
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I'm am maths teacher by trade Paul but the arithmetic here seems to make no sense. Rankers are giving up £7 million profit per year in order to gain a downpayment of £18 million followed by £3 million per year. Presumably JJB gaining £4 million per year?
I know that they may get more than £3 million subject to sales but this seems to be more a case of selling the family silver rather than a moonbeam.
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I dont think they will get anywhere near £7m per year. This stinks of shorterm thinking until magico murray pulls the wool over the orcs eyes again. Sunnyside reporting by the Laptop Loyal with upwards of £80m being quoted by LL No1. Andy McInnes. Oh my ribs....
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Everyone will agree that, all other things being equal, all Celtic purchases should be made from official outlets. However, shops like Sports Soccer are selling their tops at £15-£20 cheaper than Celtic are.
I understand the concept of volume sales and making a little profit on each item, but selling lots of them - presumably Celtic are making money by selling fewer but at a greatly increased margin...
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My sides are aching, Ive been chuckling away to myself all day since "THE BIG INVESTMENT" was announced, what investment? They have indeed sold the family silver:-) LOL!
Altogether now!
OH THE R****** ARE SKINT!!
Roll on revaluation of Snake Mountain!
OH THE R****** ARE SKINT!!
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The only way to attract Le Guen is to promise him circa £20m of a transfer pot.
drastic short term thinking here, that will utterly destroy them.
I envisage Murray selling up in the not too distant future.
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I emailed JJB sports today to let them know that Celtic fans will bhoycott them this is their reply
Thank you for your e-mail the contents of which have been noted.
In response I would like to point out that JJB Sports are the largest
retailer of Glasgow Celtic shirts and as such have provided the Club with a
large amount of royalties and will continue to do so.
If at any stage Glasgow Celtic approaches JJB Sports with a business
proposal we will certainly consider it.
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Paul
Does the forces not have to pay Joe Lewis a significant payment out of the CL cash as part of the deal when Murray purchased back the shares (or is this Murray's personal liability?)
In the meantime, shop at JJB and help Rangers!!! Let the bhoycott commence!!!
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Now I'm really confused - royalties from JJB? what is this about.
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It's simple really.
JJB will profit over the ten years (unless a bhoycott has drastic effect!) and TFOD will get a quick cash injection.
The long term losses for Murray would be offset by success in the short term. Does anyone really believe he will still be there in ten years time?
We welcome their chase!
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According to the Rangers website - this is an innovative deal...
innovate -
to introduce changes and new ideas:
innovative -
using new methods or ideas
innovation -
(the use of) a new idea or method:
Chief executive [jjb] Tom Knight said, “We have similar agreements in place with Everton and Wigan Athletic and such agreements provide exciting opportunities for us and underline our position as the UK's leading sports retailer.”
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Slimlinebbj, I have some sympathy with JJB, but that should not deflect us from the focus of driving home our advantage.
They are wrong to say they provide Celtic with royalties, Celtic receive no royalties form sales made through JJB Sports whatsoever.
Bhoyobhoy, you are correct, I believe ENIC (Lewis company) receives a kick-back from their CL participation.
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This deal seems sensible to me for Murray. It is widely accepted that, despite his rhetoric, Murray will not hold onto Ranger's long term. Therefore fixing a long term problem with a short term fix is exactly what Murray wants to do. It is whoever comes next that will have this one to clean up. We should also not kid ourselves that whoever takes over will make the same mistakes as McLeish in the transfer market and buy dud’s. I hope WGS has the right quality lined up for us for his pre 9th June spending spree, I fear we will need it.
This move does bring the issue around cost of Celtic shirts to the fore. It has never been more important to buy direct from Celtic ( always buy direct, cut out the middleman, especially computers………………….), but Celtic need to get real with the costs, nobody will pay £20 more than they have to for a top, no matter how loyal they are.
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reply from JJB after e-mail saying I would not be using them in future.
Dear Mr ******
Thank you for your e-mail the contents of which have been noted.
In response I would like to point out that JJB Sports are the largest retailer of Glasgow Celtic shirts and as such have provided the Club with a large amount of royalties and will continue to do so.
If at any stage Glasgow Celtic approaches JJB Sports with a business proposal we will certainly consider it.
Yours sincerely
Mark Moffet
Customer Services Manager
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…a cheery thought for lunchtime (well it’s that time here anyways)
When a certain pop idol star and (alleged) “friend” of a Herald hack was asked in a recent interview, "What was your favourite musical instrument when you were at school"?
She replied, “The dinner bell”!!
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slimlinebbj........ put up jjb email addy
paul67 .......do you think this is a good deal?
why no outcry about all them poor folk who's jobs are on the line now
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Paul, i dont suppose you know if HBOS would have to approve this..I imagine they would if it affects rangers longer term viability.. and why on earth would they.... as they are already £xxxxxxxxxxxxxx in debt from my math (from your figures) they will get just under 50 mill from this (18 + (10*3)), or should that be 9 times 3,, as opposed to the 70 mill they may have earned (10+7) lossing them ove 20 mill. So add that to the fact they are not guaranteed cl football for the next few years and this stadium re-evaluation legislation coming in... could this be their final attempt to aviod sinking into the deep blue sea (pardon the pun :o))
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You must also take into account huge bonus payments to players for their expoits in the CL.
I'm not sure if this has been answered or not:
First of all, will all Rangers' shops/superstores be shut down or will JJB take them over? (Also, do Ranger's own these and if so are they part of the deal or can they be sold on to another buyer?)
Will Rangers be allowed to open new premises/sell merchandise at all? I.e. Use the money to open new stores?
I know it's a liscense agreement but does that mean that JJB have a monopoly on Rangers goods?
After 10 years (when Rangers are dishing out sectarian bile to their biggest rivals - Albion Rovers) what happens?
I'm completely lost at to what this deal actually entails.
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what happens after the 10th year.
how much do the celtic shops earn yearly.
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Belfast Bhoy
They could always just evaluate the "Rangers" brand @ £100 billion to help with the balance sheet!:-P
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Richie,
I agree with you- I think Davros has an exit strategy on his mind. A wee while ago I read an interview with him in which he bemoaned Scotland and hinted at living abroad. His sale of his original business and his re-focusing of his ramshackle empire on property speculation rather than manufacturing also points to a man looking to take a back seat.
And lets face it, a few years ago he was able to con people like ENIC and NTL out of serious cash. Now, is this the best he can do? It doesn't even qualify as an "investment"- its simply a protracted sale of a revenue stream. He's gone from attempting a genuine (and hilarious) tilt at the European Cup, funded with cash from blue-chip guys like Lewis and NTL, to hawking his wares around provincial track-suit and trainer retailers to plug holes in his leaky balance sheets.
And not only that, but his "innovative" model is based on an idea pioneered by, ahem, Wigan Athletic! Oh, the ignominy.
Davros also seemed genuinely spooked by the revolting Orcs outside Mordor last month. Maybe he realises that even his elite brigade of press scribblers can no longer fool even the dimmer subjects of Her Maj?
A life of fist-shaking bluster awaits in New Zealand I feel...
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I used onlineenquiries@jjbsports.com
Got this from contact me on their website.
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looks like they have a standard reply stevie got same as me
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Posted much of this last thread but IMO – the MINT has re-written the law of diminution returns. In order to ride out short term cash flow problem, he has jeopardised TFOD’s long term future.
SHORT TERM
A good deal, this year the accounts will look good, an extra 18M T/O, debt reduction, better bottom line, this deal and the CL run should get them into the World’s top twenty clubs again.
MEDIUM TERM
Rangers will be receiving about 50% of their projected merchandising profit, affecting their ability to improve the squad and facilities.
While teams like Celtic are looking at different markets such as Japan or Poland, Rangers have little incentive to expand and maximise their Market base
LONG TERM
From rule of thumb the value of money doubles every decade, if as you say Rangers merchanding present day T/O 21M @ 33% return, would equate to 14M profit in 2016/17. Rangers are guaranteed 3M, a small fraction of it’s worth and will severally inhibit their ability to procure and retain the calibre of player necessary to remain in the top half of the SPL.
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I would imagine JJB have an exclusive deal, Rangers are hardly going to be able to open up shops next door.
I think Rangers would lease their existing high street shops.
I wonder if JJB are in charge of product design will be see any more 'tangerine' strips ?
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Paul
Have to agree we drive home the advantage by buying through Celtic.
I told JJB sports I would Bhoycott them in the future but to date I have always bought Celtic merchandise through CP superstore or online.
It may be full price but at least its all going to Celtic.
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jsm69 posted the JJB press statement Under the terms of the licence, JJB will design, develop, source and retail all Rangers merchandise sounds like the whole KIT and caboodle
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If profits are £7m a year and JJB are paying Rangers the equivalent of £5m a year (£3m plus £1.8M over ten years plus approx lost interest on the £18M up front.) then that suggests that profit from sale of Celtic products has to drop by £2m before JJB starts to lose money.
Is it realistic to expect a Celtic boycott to have that effect?
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As I said at the end of the last thread I don't see why we should boycott JJB for non-Celtc related merchandise.
After they pay Rangers money up front we don't want JJB going bust and freeing Rangers to do another deal or bring thing back in-house. Buying a pair of trainers from JJB won't result in Rangers getting a penny extra.
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Who will now be mnufacturing Rangers strips?
Will Rangers produce soley be sold out of JJB stores (will sports soccer etc. be allowed to sell their products)?
Do Rangers not have a superstore on their grounds that would be sellable or re-furbishable (is that even a word?!?)?
Just how many jobs will be lost through shutting down their production plants and high-street stores?
After the ten years do Rangers get handed back production and selling rights etc. will this not leave them having to start from scratch from a structure perpective?
Should clubs not be looking to have a steady rise in merchandising? £3m this year even if you do not take into account inflation and the likes should be more the next year and more the next just on the basis of growing a successful (obviously that isn't Rangers) business. Heeheehee!
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Afternoon Gents
Well Mr Murray's moonbeam has landed it appears with his JJB announcement.
Was a bit concerned when I read the £48m headline figure (at least for a couple of minutes anyway)...As always the devil is in the devil's detail
The deal would mean;
£48m over 10 years (roughly a present value of £40M at today's rates)
Mr M said:
"It will allow for the reduction of the club's debt and enable further investment to be made in the team."
Now let me see how big is that debt again??
And "further" investment into the team....what all that money on top of Mr Boyd...
Now on consideration if they have to get rid of their existing infrastructure and say there was to be a boycott on JJB sports - I wonder what would happen to the deal and Rankers in the medium to long term?
No furniture polish required...no trophies and no family silver remaining....
Is it coincidence that we get this announcement today before a PLG/Graham Roberts/Billy Davies confirmation?
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lies, lies and damn lies!
this made me laugh...
Rangers will be 'debt free' in 12 months
GRAHAM SPIERS, Chief Sports Writer October 08 2004
David Murray, the recently reinstalled Rangers chairman, yesterday emerged
from two years of lowered profile with his verbal punches flying at the
club's annual meeting at Ibrox. While apologising for the financial mess
of Rangers, Murray decreed he would make the club debt free within 12
months, while also throwing jabs at various targets, including Celtic.
Asked if Rangers, who controversially supply their own replica strips,
were not being overtaken by Celtic in the retail market, Murray took a
swipe at Celtic's deal with Nike, while claiming that Rangers were still
the market leader.
"We already make what Celtic are going to make," claimed Murray. "At
present, we make between £5m and £7m a year on our retail. It's all very
well making a deal with Nike, but all you're doing is getting a part of
the profit you could be making.
"The companies who sell these strips take a significant profit. The way we
do it, by cutting out the market, we enjoy the majority of the profits
from our strips. Rangers are the market leaders in this area of
sportswear."
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I can't see how boycotting JJB will hurt Rangers... if you're talking about Celtic products then fair enough but for unrelated items what would it do to harm Rangers?
If JJB have taken a deal from Rangers that see Rangers weakened further I don't see the problem.
JJB going bankrupt (extreme I know)would only make the deal void would it not; giving Rangers their £18m up front then allowing them to continue to make their own sales?
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Good afternoon lhads,I had posted something similar to this on the previous thread. I know its off topic and all, but I just wondering if anyone knows of any spare tickets floating around for sundays game. Im flying over to Edinburgh for the weekend,and had resigned myself to watching the game from the Hibs end,but now its a complete sell out. Worst case scenario,I was hoping someone could recommend a good Celtic bar relatively close to the stadium to watch the game with fellow Tims. All suggestions welcome.
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On a purely personal level. I don't care if JJB go bust thanx to our bhoycot, and to be honest, Scotland's input will represent approx' 10% of their net income (based on populace numbers), I am of the oppinion that I will NEVER knowingly contribute "One Thin Dime" (C) "The Bunnet" to that lot.
I agree, paying that extra £30-£40 for the kid's tops from official vendors is painful, but I do it knowing I have helped my club financialy in some way.
We all give, tickets, grub, windfall, etc. So let's give directly.
The bhoycot has begun.............. ;o)
pablophanque
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BhoyDell, I loved your ‘buy direct’ plug. Several people have agreed to advertise on CQN, including AMEX and HP, but a certain computer company with a direct model declined.
Gerry, this is a good deal for Celtic, not Rangers.
The important point here, is that this is not new money. It is simply pulling some of tomorrows money forward, and paying someone a cut for the benefit.
Debt by another name, and very expensive debt at that.
Belfast Bhoy, HBOS would not have to approve this, though they are free to withdraw overdrafts at any point if they wish.
FrankieBhoy, agree, I have no beef with JJB, they are the same as any other retailer, only they are making money out of Rangers.
Malone19, I understand that JJB have an exclusive on Rangers merchandise, otherwise this would be a great folly on their part.
I almost ran with the heading ‘Rangers stips no longer available on 4000 UK retail outlets’, which has as much relevance as ‘Rangers strips available on 430 JJB outlets’.
Anyone think that Generation of Domination is a wee bit closer today?
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I think the crux of the matter is:
What input did HBOS have in all of this deal?
If they were pushing the deal is it indeed a "Fire Sale" or are they standing back waiting to clean up the mess.
I can see this ending like our families dynasty, but do they have a bunnet to take over?
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The rights to Rangers merchandising;
I stand to be corrected (and it would depend on the T&Cs of the contract) but if JJB go bust the receivers would own the rights to be sold to the highest bidder!
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What happens with foriegn sales and exposure? JJB are only nationwide are they not?
On Celtic selling strips in their own stores, would it not be benificial to take £5-10 off the strip prices? This would still cost more than you can get it elsewhere but the number buying from Celtic stores would (I'd imagine) increase significantly. I would think (I hope to God) Celtic have researched into finding an optimal price and I'm wrong.
About DM comments - Is the Celtic deal not worth £5m bottom-line minus bonus payments for success/sales figures? This would not take into account Celtic shop sales would it? Roughly how much are these sales worth each year?
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Celtic's Merchandising sales for the 6 months to 31 December 2005, which includes christmas was £9.6m. Guess our annual sales will be around £15m - £17m or so? If Rangers make £5m to £7m on a £20m turnover you would imagine we make a similar return - guessing around £3.5m to £4m?
The Murray deal has two benefits to Rangers - cash up front and the transfer of risk on the garments industry profitability staying intact - the garments business is a tough one to make money in. Murray has transferred that risk for an, apparently, smaller annual guaranteed sum. Wait and see how this one turns out over the period of the deal.
What will be interesting is the nature of the roulette wheel he puts this cash on. Given his reliance on fixed asset valuations for Balance Sheet stability this really is a last gamble for him at Ibrox. His last BIG gamble, Advocaat, failed. I can't see this one working either.
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Apologies if this is not the most appropriate place to run this but I feel it needs to be seen by as many people as possible.
Arsenal supporting Israeli Apartheid
ACTION ALERT: Arsenal supporting Israeli Apartheid March 2006
Arsenal Football Club has just signed a sponsorship deal to promote Israel as a tourist destination from next season. The £350,000 agreement makes Israel Arsenal's "official and exclusive travel destination."
Below are just some of the benefits Israel will receive from this deal:
- Israel will be featured on digital perimeter boards and 450 high-definition LCD screens at the stadium on game days;
- Israel will feature on the team's website, Arsenal.com; and in itsmagazine.
- The televised ads will reach audiences in an estimated 198 countries.
- The Israeli Tourism Ministry will receive intellectual propertyrights,the use of the team logo and the right to use photos of the team and itsplayers in ads.
- The Israeli Tourism Minister will be allowed use the stadiumbanquetinghall twice a year and organize an exhibition at the end of the playingseason
- The stadium will hold permanent sale tables for Israel t-shirts
The financial advisers Ernst & Young were employed to draft thisproposalwith the aim of bringing an extra 2 million tourists to Israel annually.Arsenal FC and individual players have been in the forefront of the'KickRacism Out of Football Campaign'. For Arsenal to sign a deal to promoteIsrael which denies Palestinians human rights and is illegally occupyingPalestinian territory is to go against the very principles of anti-racism.
This campaign is supported by the Islamic Human Rights Commission, Palestinian Return Centre, Innovative Minds, the British Muslim Initiative, the Muslim Association of Britain, the Palestinian Forum in Britain, Palestine Solidarity Campaign and the Scottish-Palestinian Solidarity
Suggested Action
All campaigners are urged to:
a) Contact Arsenal Football Club reminding them that Israel is a racistapartheid state which is consistently in breach of international law initshuman rights abuses; and that such a deal endangers Arsenal's anti-racistreputation:
Commercial and Marketing Department
Arsenal Football Club
Arsenal Stadium Avenell Road
Highbury
London N5 1BU
Email: marketing@arsenal.co.uk Tel. 020 7704 4170
Fax. 020 7704 4171
b) Write to the players at the same address. Many of them have actively supported Kick Racism Out of Football.
c) Contact the Football Association's Kick Racism out of FootballCampaign reminding them that Israel is a racist apartheid state which is consistently in breach of international law in its human rights abuses; and that such a deal endangers the FAs anti-racist reputation and the KickitOut campaign itself. Ask the FA to use its influence to prevent the dealgoing ahead:
Kick It Out PO Box 29544 London EC2A 4WRT:
020 7684 4884
F: 020 7684 4885
Email: info@kickitout.org
Please CC all correspondence to info@palestinecampaign.org,
info@aqsa.org.uk and info@ihrc.org.uk so we can track the number of letters sent.
More info on www.Palestinecampaign.org
More Info
TBE.
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Clearly Le-pew will have to try and do a MON or a WGS and win the title in his first year. If he does not and if the rumours are true that he has signed a 2 year deal his second season like that of WGS could be the telling one.
Bringing in new players several at a time can have its drawbacks. Celtic did it both with MON and WGS the latter however having the stability of 5 senior seasoned professionals who stayed with the club from the MON era.
There will no doubt be a clear out of sorts over Mordor way with the likes of Kryakios, Andrews, Rae, dare I say Dado purrso and wee Bazza for the order of the boot. New players = tranfer fees wages and the problems of relocation. Can anyone really see wee pepe going too rangers and building his team on bosmans.
I welcome the challenge smell a few Jean alan boomsongs arriving soon to shores near us, and he`s been found out to be mince in the epl.
Hearts will get stronger Hibs I believe weaker the rest will take their usual places at the table, rangers will enter new territory and we will grow stronger with every game.
Time to ensure the jam tartlets get second place and the hibees stay in touch with the forces of darkness?.
Celtic SPL champions season 2005-2006.
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Ruairi
As a Leith Bhoy myself I think you may be struggling for a good Celtic bar near the ground. If you head along to the ground you might be able to pick up a spare ticket from one of the Celtic supporters buses.
Failing that Robbie's on Leith Walk is usually quite welcoming and might be showing the game.
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Paul67
I've not read anywhere that Rangers merchandise will not be available in non-JJB outlets, are you sure this is the case ?
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On a recent trip to Paris I happened to be browsing the Nike superstore on the Champs-elysess and noticed they were selling three strips. Brazil, Man utd and our very own hoops.
The deal with Nike will enormously help our worldwide exposure in a way that dodgy Dave could only dream of with this JJB effort.
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The agreement will allow JJB, who already have tie-ins with Wigan Athletic and Everton, to retail all Rangers' branded sports and leisurewear in their 439 stores across the UK.
It has to be exclusive otherwise there is no deal for JJB?
What I don't understand is the timescales taken - hasn't Dave been wining and dining sicne November, as well as crossing the t's and dotting the i's?
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At 4:20 PM, michael collins: And the only fake Scottish team shirt for sale in Bali is Celtic's!
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Bald Ego,
Personally I feel that this is a totally inappropriate place to post that. There are any number of Celtic sites where such ill-thought out, borderline anti-Semitic nonsense is given a hearty welcome.
It'd be a shame to ruin a decent site like this with sub-secondary school analysis of international affairs.
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Sir Paul,
Ya got it right pal.....
Spoke to Mr. Skeezick......
He laughed and laughed........
He put is rather succinctly.
"Our two Entrepreneurial Elves....... Are Skydiving Without Benefit of a 'Chute!
They are giving up 80 Million in shirt sale PROFITS, in exchange for a 48 Million Pittance,from Mr.KNIGHT! COCKAMAMIE ECONOMICS 101?.... Ya BETCHA!"
Those two SUCKERS, are Just MADE for the PUMPKIN PATCH!
So.........they are LOSING 3.5 Million EVERY YEAR...FOR THE NEXT 10 YEARS!
And Howdya like THEM APPLES?
YA Couldn't make it up!
Holy Toledo!
And THIS IS INCOME??.........
No, my Friend this is Called.....
PROFIT DRAIN!!!!
Hail! Hail!
Kojo.
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The other short-term gain is, of course, not having to pay the wages of the poor souls(?) who work in the TFOD stores.
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ItaliaBhoy,
I apolgised already if you find it inappropriate for this site so dont read it! Your pathetic attempts at a personal insult only serves to show your own ignorance about what is actually going on in the world! I'm not going to get into a political debate with you as I value this site as much as the next person.
Go back and bury your head in the sand!
TBE.
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ItaliaBhoy
Can you explain that? What makes it a "sub-secondary school analysis of international affairs"?
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This is the same Arsenal who have their new stadium sponsored by Emirates Airline.
Arsenal had to agree the Israel sponsorship with the United Arab Emirates company. They had no problem whatsover. Neither do I.
I'd like to thank Arsenal for knocking out Royal Madrid from the Champs League.
A brace of Hails and buy direct !
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Chairboy
I would be very surprised if there are not standard cease to trade t&cs that everything would revert to the other party should one cease to trade. I think on this JJB would have a lot more to worry about than the Orcs.
Paul
Surely the deal is for merchandise outwith the kit. The stores have current exclusivity on XXXXXXXL t-shirts, ugly mugs, scayr posters etc but not the kit. I fdoes it include the kit Murray has sold the family as well as it's silver.
With respect to DM's comments he was quite clearly:
a) blustering in the face of Celtic's new deal and nobody was strong enough to challenge it;
b) selling off one of the few profitable elements that he has personally backed.
He has history on this. Remember the scheme to fund Orcs of the Future when in fact the money was redirected to keep SS Dignity afloat.
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martinobhoy
cheers for the info. looking forward to weekend in edinburgh,all the more so if i can get my hands on a ticket in the celtic end. Anyhow,im off home to pack me bags,come on the bhoys!
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TBE I've always enjoyed your posts and respect your analysis and position on many things but I have to agree with ItaliaBhoy on your Arsenal posting.
Not the appropriate place to do this and the analysis amounted to out and out propaganda - not helping the process of any of us understanding what is a deeply complex and important issue.
I'd rather try to understand this from academic papers/books or seasoned commentators from both sides who are in a position to analyse and articulate this serious geopolitical issue.
I'm afraid CQN is not the place to do that.
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Jinky,
I do not have a problem with Arsenal, I come from an Arsenal supporting house (slowly but surely converting them), I cheered them on last night too.
If you read the post again you will find that no one is proposing any sanctions against Arsenal merely reminding them of the mistake they are undertaking.
TBE.
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Malone & TBE,
I'm not going to follow up my last post with an explanation. Simply because I really don't think that CQN is an appropriate place to debate this. As I said, other Celtic sites have been (imho) ruined by excessive focus on mideast politics.
I wouldn't have any interest in this site if we are to go down this road.
Incidentally, TBE, no offense meant- if any taken, apologies.
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Shamrock Diary
I appreciate that. Again, it was not my intention to cause insult and there is no obligation on anyones part to even read the post.
I admire your thought out, constructive criticism without the childish attitude of ItaliaBhoy.
Cheers
TBE
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Guys, Irish/Scottish politics is not the only flavour that can destroy a football blog.
Could we leave the Middle East problem to a forum better equipped to deal with those matters?
Tooheys new, you are correct, the deal is for all merchandise, including official flutes (oops, too political).
Kojo, smiles all round.
Is there no one out there willing to back the Generation of Domination?
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whats murray going to do with his extra money
http://news.bbc.co.uk/sport1/hi/football/teams/h/hibernian/4789392.stm
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Paul
You bet I am.
We're looking at following the lead of teams like Real Madrid and Manchester United by exploiting our brand.
They're lining up alongside Everton and Wigan.
Bring it on.
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Paul, correct me if I'm wrong.
Has Murray not already sold off their media rights to ntl.
Does this mean that he's now sold off media rights and club merchandise?
How will these combined revenue streams compare with Celtic's in 10 years time.
Sounds a bit like what happened to Leeds United.
Still, incredibly, the laptop loyal are giving big licks to Murray again.
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Paul67,
I would definetely agree with a Generation of Domination, Rangers have to much to do with to little resources.
Would imagine a part from a couple of hiccups, everyone will be delighted with WGS WIPs.
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http://news.bbc.co.uk/sport1/hi/football/teams/k/kilmarnock/4789726.stm
another good young player that´s going to cost murray more
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Paul,
Although I am optimistic about the weakness of this deal, and I see it as the start of Davros' exit from Mordor, I've always been slightly sceptical on the "generation of dominance" theory.
If they get LeGuen, then I expect them to improve significantly next season. He is a good coach and he will have cash to spend.
And remember us at the start of MON's first season? We were in a much worse state than TFOD are now, but we gambled financially on a talented manager and it paid off. Who is to say that it won't work for TFOD?
One well-resourced season under a good manager can act as a springboard to effective dominance (or at least parity...)
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The only way I can see this being a good move for Rangers is if it guarentees them Champions League football (using the £18m to vastly improve the team) for the next 10 years - if they really are in the situation currently where they would be unlikely to win the league for years to come. Whatever way you look at it the deal has high-risk written all over it. Not only is it high-risk but I can't really see the risk vs. gain balance... it's a lot of risk for minimal gain (if it everything turns out perfectly for them).
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Paul
Generation?
More like a Millenium of domination!
And you can take that to the TSB Super Squirrel account and ask for a free balloon!
Martybhoy
(Smiling so much his face hurts)
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CQN Soundtrack to lighten the mood; a certain tune by Messrs Wonder & McCartney, come on altogether now guys.....
bdb
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I always think it's a sign that things are going well when there's no real Celtic news to discuss.
So we'll make do with football merchandising deals.
Just another thought on this topic. It's not long since Rangers took the whole thing in-house including the manufacturing. Now they've gone in totally the opposite direction by outsourcing the whole operation. Just shows the desperation of Murray and his financial juggling act.
I think we will see Rangers goods in non-JJB sites but those non-JJB companies will have to buy from JJB. I don't think many stores outwith the Rangers heartlands will bother. As we go global, Rangers go local.
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You just have to read the comedy chat in the evening times from Darryl King....this guy should do stand up!
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You just have to read the comedy chat in the evening times from Darryl King....this guy should do stand up!
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ValueBhoy, Murray has bought back the media rights sold to NTL for £1, but has not disclosed any contingency payments due as part of the buy-back.
MartyBhoy, “Millennium of Domination”, big smile at that one.
FrankieBhoy, another excellent point, you are on a roll: is it a sign that things are going well when we have nothing much to talk about.
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I see it's started already, Coupet to sign for them for 4 million.
That's what I don't understand with Murray, he feeds the spin thru the tabloids which gives an expectation of huge investment and big name signings.
When reality bites and only half the 18 million is available for players then he's back at square one with people asking where the next moonbeam is coming from.
Don't you just love the guy !
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We really should hold tight on the generation of dominance!!
Now nobody would love it more than me ( i can assure you !!) but if the huns sign say 4 very good footballers next season - along with a top notch coach - we could struggle - remember we will (hopefully) have the CL to distract us - something i hope they wont - but that will benefit them as it has us this season.
They will probably have 10 - 15 million to spend while we will have 6-7!!
Next year could be a big big season
I really hope we are not complacent at board,and managerial level and we keep our strength`s and get rid of our weak!!
So the challenge is there - lets take it on and hopefully finish them off for years!
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I feel a neganon or p8ddy moment coming on.
There is a problem with a generation of domination if the opposition steal a march on you. If the Mint does produce a transfer budget of £20m and Le Guen then they might just begin to produce a side capable of challenging and winning in the short term.
In my book even one win never mind 2 on the trot destroys the generation theory.
The Mint may be a scrap metal dealer of lies and deceits but be sure that Le Guen armed with £20m is a much stronger and more potent threat.
I would prefer that Le Guen is not part of the equation, however, that scenario is diminishing rapidly.
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I see Daryll King in the ET is saying Rangers will make at least £6million a year, and hailing this as a great deal (whilst not providing any evidence to support this claim).
Correct me if I'm wrong, but didn't Murray say a few years ago that they were making 7million a year (when we announced our Nike deal)?
So aren't they a million a season down already?
Honestly, how do guys like this pass their journalism exams?
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The big difference is that they'll be spending 10yrs worth of income in one hit, one hell of a gamble!!! What do they spend over the next 9yrs??
They are in a desperate position which we can only benefit from.
bdb
G.O.D Believer