A money blog: CL, FX, Brendan effect, commercial deals

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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.

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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.

andylynchtrailerbogof

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644 Comments

  1. 16 roads - Celtic über alles... on

    DD – Donegal would be incredible for a hoot!

     

     

    Sligo is a beautiful county as well.

     

     

    Maybe stop off at Derry for one hour, three pints – hijack TCR, then break for the border!

     

     

    That Derry place really is a Godforsaken part of the world.

     

     

    HH.

     

     

    TGM – Celtic is the key.

     

     

    KTF.

  2. Mags Mcgill at 11.02,

     

    first time i have saw Shriekback quoted on the blog,

     

    very impressive

  3. 16 roads - Celtic über alles... on

    Only joking about that Derry place.

     

     

    It’s supposed to be brilliant, honest!

     

     

    :)

     

     

    Oiche mhaith.

     

     

    HH.

  4. thomthethim for Oscar OK on

    DELANEYS DUNKY on 8TH FEBRUARY 2017 12:02 AM

     

    TTT

     

     

     

    Time for another CQN meet in Donegal. I think. I will be first there to buy you a pint.

     

     

    HH

     

     

    ****

     

    We generally have it around the Glasgow Fair, so, you’re on.

  5. macjay1 for Neil Lennon on

    CHAIRBHOY on 7TH FEBRUARY 2017 11:44 PM

     

     

    Thanks for that.

     

    I`ll look into it more closely.

     

    The Guardian , however , is not an organ I associate with an unbiased approach to the leaderene and her doings.

     

    Alternative factsheet ?

     

    :-)

     

     

    The bottom line.

     

    The Falkland islanders are free of fascism.

     

    As they , and all of us , deserve to be.

  6. thomthethim for Oscar OK on

    DD

     

     

    Post Brexit could be awkward for you non European immigrants.

     

     

    Especially the plundering and pillaging type.

     

    We will have strict border controls by then and will be wary of letting BAD people in.

  7. Margaret McGill on

    gordybhoy64 on 8th February 2017 12:15 am

     

    gordybhoy64 I have more Geoffrey Chaucer lines from the library.

     

    Wow! another soul mate.. ….well well Its amazing who you meet nowadays :)

  8. Margaret McGill on

    macjay1 for Neil Lennon on 8th February 2017 12:18 am

     

     

    I think your being hypocritical there my good friend.

     

    If you truly believe that all of us should be free of fascism then why oh why do I see you touting corporate fronts on here daily?

  9. Mags,

     

    was a girl i went out with years ago that first played Nemesis for me,

     

    the Chameleons was another band she introduced me to

  10. The Green Man says SACK THE Board on

    The Mass Psychology of Fascism.

     

    There’s an interesting wee read:)

     

     

     

    HH

  11. macjay1 for Neil Lennon on

    MARGARET MCGILL on 8TH FEBRUARY 2017 12:31 AM

     

     

    I try to be consistent , mate.

     

    Not sure what you mean by corporate fronts .

     

    Trump ?

  12. Margaret McGill on

    Big Peat of Islay✝ on 8th February 2017 12:29 am

     

    True. Ironically Donny Toadily and a few others have over the years demanded peoples names so they could go and kick their F***g heed in. Ah well its all perspective I guess.

  13. “Who are these people? I want to know who these people are,” added McCoist.

     

     

     

    Remember this.

     

     

     

    I see the same on here. Who are you, where do you live, where do you work?

     

     

    Shame.

     

     

    Intimidation.

     

     

    Threats

  14. The Green Man says SACK THE Board on

    Big Peat

     

     

    I wouldnt let it bother you, sort of happens on blogs.

     

    Be surprising if it didnt.

     

     

    HH

  15. macjay1 for Neil Lennon on

    THE GREEN MAN SAYS SACK THE BOARD on 8TH FEBRUARY 2017 12:46 AM

     

     

    Absolutely right.

     

     

    The trick ?

     

    Let it slide by and perhaps ignore in future.

  16. The Green Man says SACK THE Board on

    Margaret McGill

     

     

    I think a general understanding of corporatism could be beneficial.

     

    Id start with DynCorp.

     

    It would take a while though.

     

     

    HH

  17. MACJAY1 FOR NEIL LENNON on 8TH FEBRUARY 2017 12:52 AM

     

     

    I’m not the first or last to suffer an orchestrated attack by threat and intimidation on here.

     

     

    Simples.

     

     

    If it gets nasty I’ll get the police involved.

     

     

    What bothers me is that it is tolerated by the moderators.

  18. The Green Man says SACK THE Board on

    Big Peat

     

     

    Wouldnt it be easier, not to come on CQN, if its that bad.

     

    I dont think there is any need for the police.

     

     

    HH

  19. Margaret McGill on

    macjay1 for Neil Lennon on 8th February 2017 12:38 am

     

    Macjay it is obvious that you are an astute student of politics like many Celtic supporters. However, i find your dismissive stance on all things perceived as “socialist” very alarming bordering on perverseness. Not in the true Celtic spirit in my opinion. If you are claiming that in all your years you have concluded that right wing governments do not make the poor poorer and the rich richer is nothing but pseudo intellectualism. It is quite clear to me that right wing governments are total corporate fronts e.g. Tories in the UK republicans in the USA etc etc. and the only reason socialist parties struggle is because they too become corrupted by the machine as they delve into it and compromise. I know you will dismiss this statement as coming from one of the misled but in my opinion it is you who have been misled.

     

    There are many like you in the USA.

  20. Big Peat

     

     

    What orchestrated attack?

     

     

    Step 1- Kitalba asked whereabouts in Brisbane yu were- not an ounce of threat in the language

     

     

    Step 2- You replied with a flippant and provocative “yir maw”

     

     

    Step 3- Kitalba got agressive and asked you to say that to his face

     

     

    Step 4- You produced an unconvincing Daily Record fig leaf cover for your intent at Step 2 and you fooled no-one

     

     

    Step 5- You are on here saying the retaliatory threat from Kitalba was “orchestrated”???

     

     

    Are you even convinced by your version? What is it with these Ayn Rand master-of-the-universe types and their tendency to scream that they are being bullied?

  21. Margaret McGill on

    Big Peat of Islay✝ on 8th February 2017 12:43 am

     

    Let he who is without sin cast the first stone.

  22. The Green Man says SACK THE Board on

    SFTB

     

     

    Spot on, thats what happened.

     

    Big Peat instigated it.

     

     

    HH

  23. ..

     

     

    Does Embdy know How to Upload a Video from a iPhone to CQN..?

     

     

    I’ve got a Video of Ole MacJay on lead Vocals leading the Sydney Opera House Orchestras (Rebel Division) CSC singing a Variety of Rebel Songs on their Annual Tug-Boat-Booze Cruise around Sydney Harbour..

     

     

    So We can Finally all agree that He is a Guid Guy and Errmm a Guid Chanter..¯\_(ツ)_/¯

     

     

    Me and Ole Estadio Don’t appear in the Video as we were being Guid Proddies and Drinking All the Free Beer at the Bow..【ツ】 plus seemingly good Celtic Supporters don’t sing banned Rebel Songs.. lol

     

     

    Summa

  24. macjay1 for Neil Lennon on

    MARGARET MCGILL on 8TH FEBRUARY 2017 1:06 AM

     

     

    Mate.

     

    I understand exactly what you are saying . I can see your point of view.

     

    I`m afraid that I see socialism as a complete and utter con. An illusion. A mirage.

     

    Something which pretends to work in the interests of ” the common Man ” , but in fact does not.

     

    History has proved me right.

     

    It works in the interests of the elites . Stalin. Tito. Mao . Castro. All with their private zoos , yachts , dachas, women.

     

    Beautiful in theory , ugly in practice.

     

    Many countries have had socialist / communist governments in the past and some now.

     

    Can you name the ones which you consider to have been successful and to have espoused the ethos of socialism. Both in theory and practice.

     

    In practice.

     

     

    I believe in democracy.

     

    If the people want a communist govt. , then thats none of my business.

     

    If the people want a fascist govt. then that`s none of my business.

     

    The problem is that once you have a totalitarian govt. , you can almost never get rid without a war or a revolution.

     

     

    Gorra head off out now , pal.

     

     

    Hail Hail

  25. Canamalar it looks like OCD obsession on

    Mags,

     

    When I read Macjays version of political ideology I think Dunning Kruger, for someone obviously well educated there are somethings that people just cannot fathom, many have weakness they just cant come to grips with yet apparently believe they are enlightened.

  26. Margaret McGill on

    Summa of Sammi…. on 8th February 2017 1:23 am

     

    The only way i know is that you need to publish the video on the internet first (not facebook or any website that needs to be authenticated too). Then htm tag the link. For example the way GG

     

    did the streamable from the St. Johnstone game on Sunday

     

    ===============================================

     

    GG on 5th February 2017 4:10 pm

     

     

    Praise from Brendan and Lenny for Liam.

     

     

    http://streamable.com/ojwpu

  27. MacJay,

     

    I have a son who resides in your area of Sydney,

     

    and he does not recognise your definition of white english speaking,assimilation with the Indigenous Australians.

     

    He was not Jesuit educated por cierto

     

    HH

  28. Orchestrated as in every time some posters come on here they are immediately singled out for snide comments by the same posse.

     

     

    You should be ashamed of yourselves. You have driven away others through your threats, veiled and overt, who were long term posters.

     

     

    Regarding the comment to Kitalba, I had absolutely no idea of the offence and regarded it as akin to a yo mama line.

     

     

    Obviously there is alternative meaning which I was until now unaware of and am happy to apologise for my ignorance.

     

     

    Perhaps because because I live a sheltered Christian life or because I moved away from Glasgow decades ago, I am unaware of such gutter talk.

     

     

    But that certainly was not my intention and I am happy for moderators to remove the comment.

     

     

    That said, I will not have threats made against me and those who do, If they are happy enough to post their contact details, I’ll have the cops at your door and I’ll lose no sleep over it.

  29. Canamalar it looks like OCD obsession on

    Oh and his argument always ignores Kerela regardless of the numerous references to a democratic communist success that did not need violent revolution to remove.

     

    Democratically elected for over 50 years.

     

    There is also what counts as civilisation which is an argument never used by him as he knows that using standard measures for civilisation capitalism rates below feudalism