The spectacular rise in income, which saw Celtic bank £61.2m in the six months to 31 December 2016, compared to £52.0m in the TWELVE months to 31 June 2016, was influenced by four categories:
Champions League participation
Improved commercial sponsorship deals
The Brendan Rodgers effect
Foreign exchange rates
Clinging onto a lead that August night in Israel guaranteed this would be a record turnover season for Celtic, instead of what may have been a loss. As well as the Uefa dividend itself, we sell more tickets for other games in seasons we participate in the Champions League. We also sell more merchandise, premium packages and hot dogs at league games.
I was very surprised when news of the Dafabet and Magners deals filtered through last spring. Sentiment at the club at that time was on its bum, but these contracts brought a significant increase in income (in the case of Dafabet) and great income for a new property (in the case of Magners). Worthy mention also to Intelligent Car Leasing, for the boost they have given to the Foundation.
The ready-reckoner revealed that the value of these contracts roughly equated to one season’s Champions League money. It was a huge result, which laid a critical foundation for the steps the club took to secure a manager in May.
We were guaranteed more money, which gave us more confidence, which fuelled the move to secure a top manager. The small snippets of history are often missed, but no less fascinating.
Brendan Rodgers arrived like a superstar and has delivered on that promise. From the moment touched down in Scotland he sold season tickets, the club united behind a talented manager who is here determined to achieve great things.
No club in the world is more dependent on foreign exchange rates than Celtic (euro/GBP graph above). The economically illiterate (don’t start me) who voted for Brexit have caused an untold net harm to the world, but as sterling depreciated against the euro, the value of Celtic’s euro income from Uefa in GBPs went through the roof.
We are a football club playing in Scotland who earn euros and sterling in almost equal measure. Bad UK economic news may harm our sterling income but will boost our euro income. No other club operates a scenario like this.
Well done to all concerned, from Brendan and the players, to the tens of thousands who bought tickets and mechanise, and the commercial team and board.
644 Comments- Pages:
- «
- 1
- ...
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- »
Been reading the blog tonight for the first time in a week. Don’t know why my mind see’s Syd Barrett and my head is singing Arnold Layne in a loop. Nice!!
WHAT IS THE STARS on 7TH FEBRUARY 2017 10:08 PM
I see our antipodean anti immigrant anti euro anti union “brothers” have joined the discussion
==================================================================
Mate.
The only cap that fits for me is Antipodean.
Delaneys
How are you
Was worried about you
How is you mum
Brexit only came about because people were sick and tired of cultural and legal interference in their daily lives by a foreign bureaucracy.
If the idiots on the continent would have left nations alone to do their own thing, then there would have been a thriving European common market without all the other rubbish.
What you have now is a bloated entity that wants to completely dismantle national borders, make countries regions of it, and allow free and unrestricted movement of peoples.
THE GREEN MAN SAYS SACK THE BOARD
Don’t forget “Hitler was a great leader..”
Things you thought you would never see…
Shipbuilding CSC
CHAIRBHOY on 7TH FEBRUARY 2017 10:06 PM
BIG PEAT OF ISLAY✝ @ 10:00 PM,
Well the Falklands wasn’t a War…
Think the Royal Marines had more to do with the result.
Now starting the Falklands Conflict I’ll gie ye:)
Hail Hail
============================================
And I`ll raise ye a Galtieri.
:-)
Macjay
Sorry but all the caps fit you
You spout anti immigrant nonsense on here constantly…You are an immigrant FFS!!
Oh yeah but a nice white english speaking one not like all those dark skinned terrorists rapists in Calais
MACJAY1 FOR NEIL LENNON on 7TH FEBRUARY 2017 10:12 PM
BIG PEAT OF ISLAY✝ on 7TH FEBRUARY 2017 10:00 PM
Gaffes ?
The poll tax.
———————————————————————————————-
Aye, agreed.
Ron Bacardi on 7th February 2017 8:38 pm
King is probably contented with the situation. They wil probably be second or third in the league and European football, they still get 49,000 paying customers at home, so no need to spend any of the supposed £30 million he has available to spend when he thinks necessary.
——–
Think you could be right there. If they were 8-10 points behind us there would be more of a case to spend to make a challenge.
With things as they are there’s no (realistic) amount they could spend to “close the gap”. Easier for him to say it’s going to be a long, slow process!
..
MACJAY1 FOR NEIL LENNON on 7TH FEBRUARY 2017 9:33 PM
Paul ( I presume ) says :
The economically illiterate (don’t start me) who voted for Brexit have caused an untold net harm to the world, but as sterling depreciated against the euro, the value of Celtic’s euro income from Uefa in GBPs went through the roof.
————————————————————————————-
As sweeping statements go , that is a corker.
..
MacJay..
You Ken I Smiled inwardly when I read that Paragraph..【ツ】
Liked Your Reply also..
CheapHolidaysToUKAreBack.©.uk
Summa of SellingDollars4SterlingCSC
“Who are these people? I want to know who these people are,” added McCoist.
Remember this.
I see the same on here.
I think it’s ok to be Antipodean.
I mean what have the Podeans ever done for us?
Big Pete…,
Disagree, I thought her greatest achievements were removing free milk for children and demonstrating karma by dying mindless and covered in shit and unable to enjoy the fruits of her labours :OD)))
………
What’s In The Stars/Starry Plough…..
Doesn’t One Of You Gentlemen Reside In Switzerland…..
And Has A Japanese Spouse……?
If So,What Does She Think About Mass, Uncontrolled Immigration…..
And Its Effect On The Native Culture Of The Cherry Blossom Kingdom ?
……………
WHAT IS THE STARS on 7TH FEBRUARY 2017 10:18 PM
Macjay
Sorry but all the caps fit you
You spout anti immigrant nonsense on here constantly…You are an immigrant FFS!!
Oh yeah but a nice white english speaking one not like all those dark skinned terrorists rapists in Calais
================================================================================
Sorry you feel that way , WITS.
Incidentally , my wife is ” dark skinned “.
Well , better described as morena.
Starry Plough
Thats not what i would have called him, thats for sure.
People should read more, they might learn something.
And BTW, the ‘Shrine of St Patrick’s Bell’….held in the National Museum in Dublin
I believe thats ours:)
HH
WITS
Had heavy drama last Sunday and missed the match. All sorted thankfully, and mam is in a nice care home in Yoker near her home and next to Saint Brendan’s Church where she can attend daily mass and eucharist. Prayers said here helped us for sure. Thanks pal
HH
THE DONALD
Don’t mention anyone in my family on here again, that’s twice now and what my wife thinks about anything has nothing you do with you you lowlife..
The European Union which is under attack at the moment from nasty small minded nationalists like La Farge and Le Pen has been a source of great progress throughout Europe for the last 60 years.
It has helped raise living standards in the poorer parts of the continent ( West of Ireland,South of Italy) and has been a source of untold benefit in many aspects of European life
But apparently we need to be set free from the shackles ?
What freedom would that be
Freedom for employers to exploit,no minimum wage,zero hour contracts, holiday pay,health and safety …all will go if the right have their way.
Ah yes we need freedom
Oh and by the way immigrants should always be welcome .we have nothing to fear …but fear itself
SUMMA OF SAMMI…. on 7TH FEBRUARY 2017 10:21 PM
Ca` canny , son.
You`ll be labelled capitalist if you`re not careful.
The fluctuations in the A dollar are to die for.
Must dabble soon.
:-)
WHAT IS THE STARS on 7TH FEBRUARY 2017 10:28 PM
If anyone should understand the potential problems associated with mass migration without the approval of the people, then an Irishman should.
Three hundred years on.
Successful migration is about numbers and assimilation.
Some immigrants have no wish to assimilate.
They wish to dominate.
Viz. The Ulster plantation.
WITS
Last March I had an evening meal in a Danish restaurant in Fuengirola.
It was organised by a Norwegian lady and the company of around 13 was made up of 4 Scots, 2 Irish ladies, a German family of 3, 2 Norwegians, one Swede and a Spanish guy who just turned up and joined the company.
Missing were a couple of Hungarians who had just moved jobs to Gibraltar.
When folk get together and treat each other as equals in every sense there is much more to love than to fear.
The “economic illiterate” comment may have been misplaced and unfair (though I understand the frustration that gave birth to it) jf it is to be applied only to those who voted to leave the UK.
Nobody really had a clue, not Call me Dave, nor George Osborne, not the mega brilliance that is Boris Johnson or the unbelievable slitheriness that is Michael Gove. Jeremy Corbyn probably struggled too but since he was relatively silent on the whole thing, it is hard to say.
I have spoken to people whose job it is to be aware of the ins and outs of the EU and, during the campaign they were and still are struggling to understand all nuances of how the EU works and the ramifications of the leave vote. We are in a situation that is beyond our ken but we were also there during the campaign.
However, what is clear (and we all know it is true no matter how much some people like to deny it) lots and lots and lots of people voted to leave the UK because of immigration… no, rephrase that because they don’t like foreigners….. especially those refugee types that don’t even come from the EU. In some parts of the UK, people voted on the immigration issue because there were eastern Europeans (and refugees) some who were as close to 100 miles away from them.
There are interviews with many people who had never voted before, and who said they would never vote again, but they had been brought to the ballot box because of the immigration issue, controlling our borders and giving control back to Parliament, the irony being that a group of judges and private individuals were subject to vile abuse (Daily Mail and fellow travellers) for trying to do precisely that). Anybody remember the BBC interview with a guy with a swastika tattoo on his neck outside a Polish food shop? Eastenders drum roll…you’ll have to wait until next time to find out how he voted and why
It is now in vogue to come out with the type of drivel that we got in the 80’s about “political correctness gone mad”. Then, it gave the green light to an aggressive right wing to do and say whatever they pleased and damn those it harmed.
On a smaller scale on a wee, but grand, blog about Celtic, it is now okay for someone to say that a feminist is someone who has forgotten that she is a woman (Trump advisors and their friends’ websites make it okay to say such things)… clearly oblivious to the fact that it is possible to be a male feminist (It’s about equality, you know?). Brexit and Trump has let a rather nasty and vicious genie back out of the bottle, I fear.
It would have been good if his fellow travellers in that conversation had pulled him up on that but that’s me wishing on a star, I suppose. (and before anyone asks. No, I am not Rose Royce fan.
…….
Breaking….! Breaking….!
FBI Announce The Imminent Arrest Of Seventy Washington Political Insiders……
In Connection With The Ongoing ‘Pizzagate’ Investigation.
( Lyin’ SFTB Will Be On Shortly, To Say, ‘Look…….There’s A HUGE BIG RABBIT…!!’
………..
Evening All.
Long day — anything happening of any note?
Its a quare oul life some times!
..
MacJay..
A Gambler cannae be a Venture Capitalist..more of a AdVenture Capitalist..
Then there’s the Denture Capitalist.. they are the Pits..
Summa
Macjay
You cant describe the Ulster Plantation or the its larger predecessor the Munster Plantation as immigration.
They were the continuation of war and conquest.
If the Syrian army turned up in Dublin tomorrow and forced everyone out of their homes so that a million SYRIANS could move in…..then you might have a point.
But that is not whats happening and surely a man of your intelligence and education ( Jesuit ?) must know that
BROGAN ROGAN TREVINO AND HOGAN on 7TH FEBRUARY 2017 10:37 PM
Evening All.
Long day — anything happening of any note?
——
Arnold says we’ve had it and Oldco are coming out of Liquidation. Apart from that not much.
BRTH
I was in the barbers chair today, No 5 crew cut.
I also waxed lyrical about Celtic and complained violently about the Duke of Argyle for no apparent reason.
Apart from that quiet:)
HH
BRTH
I found a place that does a coffee and brandy for one euro 90.
Oh BDO are suing Duff and Phelps so the illusion created in 2011 and 2012 is unravelling nicely.
Auldheid
Cadizzy
Glad to see a little bit of humanity and sanity breaking out on here
I remember when I was a devout little catholic boy being impressed by expressions like “We are all gods children”
Thats obviously political correctness gone mad now as well
WITS
Just saw your earlier post , flight gets in at 4-30pm on Sat. so hopefully be at Harding about 6pm
Hi Bhoys
CANAMALAR
I don’t usually comment on political stuff on here but,I know the first bit is a joke but the second bit is poetry. That so called woman was the epitome of EVIL.
As my dear wee ma used to say “hell won’t be full till thatcher is in it”.
Well i’m glad to say it’s been full for a while now.
KEEP THE FAITH
Thetimreaper
Arnold says?
Nah! Simon’s the man
SP- scroll by that clown, works for me…
OK — who is Arnold?
Coming out of liquidation? Hmmmm On the back of a £29M court case? Hmmmm remind what the debts were again
Anyone seen the detail of the BDO claim? That should make for interesting reading.
I’ve said it before and I’ll say it again:
Adolf Hitler was a great leader.
Mao Zedong was also a great leader.
Julius Caesar another great leader.
Napoleon Bonaparte.
Mahatma Gandhi as well.
Go and read some history, it’s written.
Slainte.
Park Road
I will try to meet you at the hotel at 6,we can make plans then
By the way I hope your visas are in order…We had trouble a few hundred years ago with a crowd of Scottish people that came over …Maybe the Irish government should step up security !!!