Trending
Celtic News Now
Celtic Quick News on News Now
Celtic Quick News
You are at:»»Spectre of Celtic and wincing at financial realities

Spectre of Celtic and wincing at financial realities

1141
By on CQN BLOG & Comments

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?
[calameo code=000390171bffb0dd3dc4f lang=en page=128 hidelinks=1 width=100% height=500]

Click Here for Comments >
Share.

About Author

1,141 Comments
  1. Pages:
  3. 1
  4. ...
  5. 15
  6. 16
  7. 17
  8. 18
  9. 19
  10. 20
  11. 21
  12. ...
  13. 31

  5. The Comfortable Collective on

    Sevconia may be a land short on history.

     

     

    However, one of the most enduring features of Sevconia’s history has been that when the savage hoardes who inhabit its desolate plains receive some good news from the Gods who inhabit Mount RIFC, that the good news does not last for long.

     

     

    The Gods from Mount RIFC have a habit of looking unfavourably on the inhabitants of Sevconia. So when news of the demise of a playful imp, who came from an area known as the Bridge of Stocks who has caused much vexation and gnashing of missing teeth amongst the Sevcovians became known within the Kingdom, well the Sevcovians were moved to have dancing and much drinking of mead.

     

     

    However, once the playful imp was gone, into a land where he could spend his bag of golden sashes and plentiful pennies, the Sevcovians had reason to think of where this did leave them on their journey.

     

     

    A journey which had been described to them, by no less a visionary than Jack the Irvinite, as one of eternal thanksgiving by those lesser folks who had the chance to be regaled by the Sevcovians of all their war songs and tales of a foreign land and battles from a long, long, long time ago.

     

     

    And so it came to pass, that the magical imp who left, did not leave a kingdom, or balance sheet, which would please anyone.

     

     

    Indeed It would become apparent that in the weeks after the imp left, that the inhabitants of Sevconia would go back to their heathen ways, and erect massive effigies to King Dave from the land of glib and shameless exaggerators, in order to have a leader who would provide the Devourer of the bakes of steak with a war chest befitting his position.

     

     

    Sevconia survived and will continue to survive for many moons to come. However it will forever live in the shadow of similar sized kingdoms they regularly battle with, every second Saturday, even if most of these adversaries are made up of barrel makers, blacksmiths and tillers of the land.

     

     

    The tragedy of Sevconia is that the gods of RIFC will steal the ambrosia and nectar from the Sevcovians from now until the end of days, and the Sevcovians will have no recourse apart from seeing how it all pans out.

  10. BIG-CUP-WINNERS on

    Answer Q6

     

     

    Stan scored first against Dundee (0-4 win), then Juventus (3-2 defeat), then Aberdeen (2-0 win) and scored at the Orc-Dome in a 2-0 victory.

     

     

    Bonus to BMCUW.

  11. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    THE COMFORTABLE COLLECTIVE

     

     

    Ah,that evokes warm memories of NTV and the tales of The Timmites smiting The Hunnites….

     

     

    And as amusing,my thanks!

  13. leftclick Together we will get justice for the Dam 5 on

    Good night all

     

    Big Cup Winner

     

    thank you for your efforts in keeping the inmates amused :))

  15. paddybhoy1888 on

    Hamilton Tim

     

     

    Goldstar 10 sorted.

     

     

    Will look out for you on Sun and Lennybhoy. First away game for ages.

     

     

    Will be cheering on Albion rovers on Sat Nd hoping the goalie gets sent aff hahaha

     

     

    Tri coloured ribbon are you lurking

     

     

    Email me fur your beanie

     

     

    HH PB

  16. WeefratheTim on

    TCD

     

     

    Excellent post. For once I agree with that. PMSL as well. :-))

     

     

    Weefra HH supporting Wee Oscar.

  21. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    Paul Wilson

     

     

    Roy Aitken

     

     

    Joe Craig? Hapless guess…

  27. Hamiltontim is praying for Oscar on

    Paddybhoy

     

     

    I’m 2/3 rows from the front so I’ll probably spend much of the game ball dodging again!! :-)

  30. Jeg er Neil Lennon-Greeninbingley on

    I have to bale out now due to connectivity issues in Oslo.

     

     

    The issue is that the Jegette has just arrived and told me that if i don’t get off the computer there will be no connections with her in any meaningful sense for the foreseeable future.

     

     

    As much as I love CQN and this quiz, every man has his price.

     

     

    Enjoy the rest of the night bhoys and girls.

     

     

    Just when I was winning an’all… :)

  32. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    PEDROCARAVANACHIO67

     

     

    I did,mate. I’ll forward you that horse overnight. Just checked The Racing Post,and it is their tip in the race.

     

     

    Price might not be up to much.

  33. Delaneys Dunky on

    BMCUW

     

     

    Hope your Cheltenham knowledge is as good in March, as your Celtic knowledge is tonight. :)

  34. jude2005 is Neil Lennon \o/ on

    Stockbridge has walked away. Hope they checked his pockets. Rumor has it Green & Whyte picked him up in a moving limo!!

  37. BIG-CUP-WINNERS on

    Answers Q7

     

     

    a) Paul Wilson scores against the Greek club, Olympiakos in 1975.

     

    b) Frank McGarvey scores Celtic’s 4th goal in a 6-0 victory over Diosgyor Miskolc (Hungary) in the ECWC.

     

    c) George McCluskey after scoring against Real Madrid in the European Cup in March 1980.

  38. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    DELANEYS DUNKY

     

     

    Me too,bud!

     

     

    Looking forward to it immensely.

     

     

    I might even find space at the bar for a bloody change…

  41. Cowiebhoy supporting the Celtic to 3 in a row on

    Winning Captain

     

     

    Very very happy birthday, enjoy being spoiled :-)

     

     

    Hail Hail

  1. Pages:
  3. 1
  4. ...
  5. 15
  6. 16
  7. 17
  8. 18
  9. 19
  10. 20
  11. 21
  12. ...
  13. 31