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. When it comes to cheating, mendacity,

     

    financial malfeasance and backstabbing

     

    Sevco are the ‘benchmark’ for all other corrupt organisations.

  2. Fred

     

     

    Thanks for that GB video. We don’t appreciate what we’ve got, till its gone.

     

    UTLR

  3. fred c. dobbs

     

     

    There are lots of rumours as to why, I’d like to hear from the men who make the decisions what their thinking is with regards to the GB.

  4. Doc

     

     

    A powerful Celtic ‘gang’ will never thrive in Glasgow. Special Branch and their paid infiltrators won’t let that happen. Talking from experience from early 80s

  5. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    Was working late tonight….haven’t read back, but heard that Stockbridge had ‘walked’ …. Number of possibilities…….I think his job has been done i.e. He has led them to the brink of admin, and his masters have told him they have no further use for his talents……..there is no way the situation can be retrieved……sit back, feet up, and watch the fun……Armaggedon 2

     

     

    nightj night, Bhoys……..

  6. A Ceiler Gonof Rust on

    Doc, I parlayed with paddybhoy and and managed to procure a couple of Celtic beanies. He tells me the style has changed from your prototype.

     

     

    Yours didn’t stand up to the “road” test………………..:_))

     

     

     

    Hopefully get them next week.

     

     

    HH and hope your ABZ visit was good.

  7. Doc

     

     

    Contrary to popular myth, it was not the Celtic support who crushed a Celtic Casual Crew. The ICF had immunity from the law. We were infiltrated and destroyed by the law. Are the hun UB still on the go?

  8. Again :-)

     

    Paddybhoy1888 will supply and updated version for me, or he will be banned from the Lunch club! And the 5’s.

     

    And got the order from ABZ so all good. Another coming next week.

  9. Anyone else at the Hydro tonight to see Del Amitri?

     

    They were very good indeed!

     

    My first time there. Impressed by it.

     

     

    ~SPF~

  10. A Ceiler Gonof Rust on

    Doc, I’m beamin bruv. I got a text from prdrocaravastickeman67 this morning telling me I’d wished my big bro a happy birthday a day too early. A bit of a ray Milland moment.

     

     

    Mrs ACGR hadher pals up this evening for a cocktail night so I spent the night in the back room with the bhoy watching movies and hovering up the dregs, pretty good it was too.

     

     

    Capping off a bottle of Latium Amerone at the moment then I’ll move on to sample some Telfords Bridge. I’m slavering at the thought of it.

     

     

    Hooooooooowwwwwwwww.

  11. jeez_I_thought_blinker_was_pants on

    DD Did they get a good turnout? Big venue for them.

     

     

    Justin Currie, tim or not, the kind of guy you’d want to go out for a pint with….

  12. Jeez

     

    Yes. Packed!

     

    Average age of those attending was about 50!!

     

    JCurrie is one extremely talented dude!

     

     

    ~SPF~

  13. A Ceiler Gonof Rust on

    I was a bit light on having anything to do today so I followed a link that took me to the most amazing page on the “celticminded.com” site. Pictures going back to the very earliest days of the club, photographs of our historical rise. Thousands and thousands of great images.

     

     

    Now I cant find the bloody thing!!!

     

     

    My wee bro would be interested as I’m sure I saw a picture of my granny putting money in a collection tin with held by a Celtic player from an era before I was born.

     

     

    I’ll continue trying to find this and post a link. Or, if any of our guys know the thread I’m on about, please help me out here. It’s a cracker and could take up days of your life. It’s worth it.

  14. The Token Tim, can’t believe more posters haven’t picked up on this,it’s going to happen.

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