Spectre of Celtic and wincing at financial realities

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I winced slightly reading that Deliotte’s suggested Celtic were a ‘top 40’ club in terms of turnover.  The days we featured in their annual Top 20 report are long gone, lost in the raft of TV deals which flooded into England, France and elsewhere.

This is a problem for Celtic but at least we have a decent shot at Champions League income each year.  Others in Scottish football have been left to wither on the vine (phrase of the week), as the likes of AFC Bournemouth cherry-pick their talent.

Celtic need a solution to help them compete with their peer-group of European heavy-weights but the solution has to accommodate the other top Premiership clubs.  Dundee United have the ability to produce remarkable talent, if only they had the TV deal to allow them to retain it long enough to build a team.  The same could be said for Hibs, Hearts, Aberdeen, Motherwell, Inverness and Ross County.

Scottish football would benefit enormously by federating with a neighbour.

You would think after administration and liquidation those who look to Ibrox for their football fix would, to adopt a popular phrase around those parts, have suffered enough from financial ‘ambition’.  Not a bit of it, it seems.  Not when the spectre of “being battered” by Celtic looms like an enormous green and white tidal wave.

For the last 12 years of its existence, Dave King was one of the non-executive directors of Rangers, paid to ensure that financial controls and risk management [role of non-execs defined by government 2003 Higgs Report]were in place.  I am not being glib or shameless when I say he did a remarkable job.

With Newco appearing to be in some financial distress, King told the Daily Mail he opposes planned cutbacks: ‘If we cut the club back to a level that’s just enough to win the League One or the Championship then that’s fine. But the gap between ourselves and Celtic when we get to the Premiership will be obvious.

“But I don’t feel the club should respond by cutting the costs to the point of saying ‘we only have to do what is necessary to beat East Fife or whoever.

“Because if you do that Celtic will build up to 10-in-a-row and we could be so far behind them that even when we are back in the Premiership we are  not in a position to catch up.

“We cannot risk going to Celtic Park and being battered 6-0.”

Those trying to keep Newco Rangers afloat will not welcome suggestions that current shareholders don’t have the “appetite or willingness to invest”, a few months before they will ask fans to buy season tickets.

Learn your lesson, there is no shame in losing 6-0 to Celtic, this is sport, bad results can happen, but there is enormous shame in failing to live within your means.

I’m off to contemplate 10-in-a-row for a while. To hyphenate or not?
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  1. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    TOOTING TIM

     

     

    Refrain,please!

     

     

    Just got a mental image of WEEFRATHETIM in disco pants…

  2. BIG-CUP-WINNERS on

    Question 2 (2 points):

     

     

    Name the tallest player to play for Celtic ?

     

     

    A bonus of 2 points for the first correct answer.

  3. I mind talking to someone in the housing business who had to sell big Chris’s house. He had to get industrial cleaners in it was so manky from all his animals etc.

     

    Some player, no’ very house proud apparently.

  4. embramike supporting wee Oscar and Res 12 on

    Tommy Joad @ 20:48

     

     

    Any thoughts on Leigh Griffiths out there this evening or has it already been debated ?

     

     

    ——————————–

     

     

    Have already posted that he scored a load of goals, some high quality, in a mediocre Hibs team. With better service, he could do a turn for us. And I don’t care what he looks like!

  5. I can vouch old Eurochamps67 is very house proud, about time he painted that hall, mind you :-)

     

     

    Paddybhoy- I’m looking for 2 tickets but not sure if hamiltontim is sorting me out, I have asked him, awaiting confirmation.

     

     

    Like corpy buses, you wait ages for ane………

  6. 16 year old on for the last 20 mins for arsenal in the fa cup.. 2-0 up against inferior opposition.. could we learn anything from that ? (thats not part of the quiz !!)

  7. eddieinkirkmichael on

    ryecatcher

     

     

    21:18 on

     

    Brian McLaughlin on jinkie’s shoulders wasn’t bigger than forster lol

  8. Sheik yerbouti

     

     

     

    Hahahaha

     

     

    What ye smokin man?

     

     

    Manky United will hardly win a game between now and end of season.

  9. white_italy

     

     

    David Murray NEVER paid a penny for the Edmiston suite or Albion car park, fans paid for it. He sold both to sevco for £2.6million. 13%IPO

  10. TBJ Praying for Oscar Knox on

    Aff in ..

     

     

    Let me tell you peepel about a wee reality cheque : were alive and kicking

     

     

    The huns are deed

     

     

    Enjoy :)

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