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. Kitalba – point 1) I doubt you have any idea whether PL gives money to charities – neither do I but then I’m not criticising him. Point 2) why not direct the same criticism at the players?

  2. I see the Euro 2016 seedings are out and Scotland are in Pot 4.

     

     

    Worst case scenario would see us in a group with

     

     

    Spain

     

    Switzerland or Belgium

     

    Turkey

     

    Iceland or Macedonia

     

     

     

    Best outcome:-

     

     

    Greece or Bosnia

     

    ROI or Hungary

     

    Serbia or Norway

     

    Georgia or Norn Ireland

     

     

    A wee trip to France for a finals tournament would be nice, then on to Russia in 2018.

  3. weeminger:

     

     

    The only thing about Peter Lawwell I know is from guys I know who were brought up with him and to a man I’ve not heard a bad word. And I trust them. Do I know if Peter Lawwell gives a percentage of his income to charity, no, no more so than he knows my ways, and for the players, Weeminger, sad as it is, and it is, you’ve never seen me tear into the players.

     

     

    But you’re right, you’re right.

  4. Over on RM celebrations are underway. Unaware as they are that this was suggested as the last stage before it really goes downhill for them.

  5. Marrakesh Express on

    Bfdj…this is good news for the fans…

     

    Watch the usual spin.

     

    Stockbridge’s pockets bulging?

  6. eddieinkirkmichael on

    Frank Ryan’s Whiskey

     

     

    17:25 on

     

     

    “Is CQN rapidly becoming the Celtic cyberspace equivalent of the Daily mail??”

     

     

    You ask an interesting question there mate. I’ve not been posting on here as long as some, though did lurk for a ggod while before plucking up the courage to make my first post.

     

    There are all sorts of veiws and opinions expressed on here as BRHT said earlier today. That’s what I’d expect on a football blog.

     

    However over the previous 6 months or so I would say there has been a lurch to the right, or to put another way, a tendancy to come out in support of the board and the position of the PLC as opposed to supporting a group of fans.

     

    It would appear that many on here have fallen for the “we’re working in the background to find a way of joining the EPL”. This is never going to happen, we’re a Scottish club and any solution to our problem has to be one that involves our future participation in Scottish football.

     

     

    Those that want us to get an invite to English football seem to think it will depend on us dropping our association with any form of “extremism” within our support, this extremism to them is anything that represents overt support for Irish Nationalism.

     

    BRHT has stated that he believe the board have played this badly, I would say they have played a blinder, they now have a majority of supporters in agreement that political expression and free speech is not something that should be endorsed at Celtic, rather it should lead to the banning of any supporter with the teremity to dare upset the bigots within this dear country.

     

    A board, who have managed to persuade supporters that they are working on behalf of those fans who were subjected to brutal assaults while supporting their team in Amsterdam, yet didn’t contribute to the defense fund for those who decided to stand up for their right’s in court.

     

    A board who refuse to pay a living wage.

     

    A board who offered no assistance to the GB at the recent food collection.

     

    A board who allowed the press to villify a section of our support after recent events at Motherwell and then played to the gallery when banning 128 supporters from attending games, against already established protocols regarding banning/suspensions etc.

     

    A board who it would appear put good financial results before a competitive team on the park(Champs League).

     

    A board who have got the support to fall for the patronising “what an atmosphere” hype rather than “what a performace”.

     

     

    This board have played a blinder and some fans have fallen for it hook line and sinker.

  7. I think BS got shares at a discount maybe 10p not penny shares though. I’m sure that’s what one of Charlottes docs said.

  8. kit

     

     

    Read a lovely book this week by an author called Peter May. Fair caught my attention.

     

     

    Entry Island was the title.

  9. GuyFawkesaforeverhero on

    No sensible person wants to talk politics on a Friday evening, but as for the big question we’re being asked to consider today, I’m saying;

     

     

    YES Sevco is Newclub.

  10. TootingTim supports Wee Oscar on

    Hi Rioskorrie,

     

     

    pleased to see your posts increasing in frequency especially wrt Mundial. Is there anywhere on the interweb (in english) it is possible to keep up with, and gauge reaction to, stadia/infrastructure preparedness, payola/graft/corruption issues, and any form of organised or otherwise reactions or protests?

     

     

    FickFUFA CSC :)

     

     

    Hi Hen1rik,

     

     

    is it possible to follow the progress of ScotsFans4Change outside of Facebook?

     

     

    Thanks & HH!!

  11. GlassTwoThirdsFull on

    ‘My view has been very clear from the start and it hasn’t changed. I think the club require a level of investment in the playing squad that allows it to hit the ground running when it gets back into the SPFL Premiership.

     

    ‘No one wants to see Rangers finishing sixth or something like that.

     

    ———————————————————————–

     

    Em – no need to worry on that front Mr King. Apparently there is no difference in standard between League One and the Premiership…? I’m confused……

  12. Joe Filippis Haircut on

    Neil Lennon hopes for two signings in the coming week but is not over confident as it may not happen as its difficult at this time of year. So his 6 Million could well end up back in the biscuit tin. H.H.

  13. Hamiltontim is praying for Oscar on

    Bourne

     

     

    Thanks. I’ve asked about for him but still awaiting replies.

  14. Milan signed another over the hill player – Michael Essien.

     

     

    Great player at his peak – past his sell-buy date now.

     

     

    HH!!

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

    Hamiltontim is praying for Oscar

     

    Goldstar was on earlier saying he may get sorted but if it falls through he will be back on here asking

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

    HT

     

    He is probably talking about you ?

     

    ——————

     

     

    goldstar10

     

     

     

    12:03 on 24 January, 2014

     

     

     

    Re my earlier plea for tickets for Sunday, I hope to be sorted thanks to a right good Bhoy on here, if it falls through I will be back on with my begging bowl.

     

     

    Thanks

     

     

    HH

  17. Completely agree with Snake (13:52) that loaning out our young hungry players as opposed to putting two into every team does not work.

     

     

    that is all.

  18. Hamiltontim is praying for Oscar on

    Leftclicktic

     

     

    Nope not guilty. I missed his post about possibly being sorted mate, thanks for that.

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

    googybhoy

     

    David lows take on it on twitter:))

     

    “All part of the tidy to built confidence & stability ahead of cost cuts, 6m figures & share issue.”

     

     The deluded objected to cuts as people like BS were still there,I expect the axe to start swinging shortly:))

     

    But with a nest of vipers you never know which way they will move next:))

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