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A rising tide lifts all boats

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The annual KPMG Football Benchmark included Celtic for the first time, this year.  The report provides an Enterprise Value for elite clubs, which are otherwise often ranked by simple revenue or coefficient point tables.

While there is often talk of the ‘big five leagues’, 21 of the 32 clubs are from either England (9), Italy (6) or Spain (6).  Germany and France have three each, while Turkey (population >80m) lost their third club this year and now have just two.  Ajax, Benfica and Celtic are the remaining three.

The inclusion of Benfica and not Porto, tells the story of the formers dominance of Portuguese football in recent seasons, winning five of the last six titles.  Ajax runs counter to this argument, having won their first trophy in four years this month, although I hear they have done well in European competition recently also.

There are no clubs from Greece, Switzerland, anywhere in Eastern Europe, Belgium or Scandinavia, all territories we would expect to compete for Champions League spots with.

Being on the list, in itself, is not going to put break on the table, but it has value, nonetheless.  Players of exceptional value will continue to leave Celtic for wages well in excess of what they can earn in Scotland until league structures change.  But the fees Celtic have been able to command are significantly less than what Ajax or Benfica can get for similar talent.

This is because the grade of our domestic competition inhibits what we can test here.  Being the best central defender in Scotland is worth less than being the best central defender in the Netherlands, as talent in the Netherlands is valued higher.  This metric is an inhibitor on Celtic.

It was JFK who said, “A rising tide lifts all boats.”  If Celtic central defenders are rated higher, this reflects in the value of those who score against them, so everyone in Scotland should benefit from our inclusion.  Celtic being dominant is good for all.  As a consequence, the Scottish Premiership is a quoted league.  I know it’s hard and football does not really work this way, but the rest of them should be happy for us.

I also over promised on this stuff (below) if we won the Treble Treble.  Orders have been placed…

Eden Mill Treble Treble Gift Set

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  1. HENRIK1967 on 30TH MAY 2019 8:15 AM

     

    From Harry Brady CU.

     

     

    ECHOES OF AN UNLAMENTED ERA

     

     

    Posted by Harry Brady | May 29, 2019 | Articles, Season 2018-19, Season 2018-2019 | 0 |

     

     

    ECHOES OF AN UNLAMENTED ERA

     

     

    By Critical Bill

     

    ————–

     

     

    Wow, just wow.

     

    What a well thought out and insightful post. This is quality writing and amplifies my own views, only much more detailed and eloquently.

     

     

    HH.

  2. Harry Brady makes some telling criticisms about the timing of announcements and Boardroom wages etc; but he over-eggs his pudding

     

     

     

     

    “So how have we ended up in this position. Obviously Neil Lennon is inexpensive but crucially I suspect he won’t challenge the CEO. Peter Lawwell’s arrogance and sense of entitlement is a massive barrier to progress at Celtic Park.”

     

     

    And yet, despite this massive barrier, we have 8iar titles and have won the last 10 domestic titles and trophies for which we have competed. Sometimes, you have to acknowledge a situation in the round and not just look at the negatives.

     

     

     

    ” The last thing Lawwell wants is someone who will question how he runs Celtic and the decisions he makes. Any manager who isn’t prepared just to lie back and accept his nonsense will be considered a threat. And therefore we were always going to end up with a manager who needed Celtic more than Celtic need them. And for such a situation to exist it is the ultimate proof that the CEO is preventing the club moving forward.”

     

     

     

    Again, does this sound like Neil Lennon to you? A quiet, subservient middle manager?? Yes- he is in a dream job and he will be grateful for it, but so grateful that he is just gonna lie back and think of Bolton while he gets shafted? Honestly?? Is that the portrait of Neil Lennon you are trying to sell?

     

     

    Harry falls into that trap of predicting we are more vulnerable than we have ever been, based on how we tottered over the line, not giving sufficient weight to the body blow we survived, with Brendan’s departure. What was Harry’s predictions for the previous 8 years? Has he never warned that we could have lost one of those titles? If not, why not? Was he smug and unconcerned when he predicted success?

     

     

    Most of us know that there is a league challenge every year- none are won without effort and talent. If we had massive barriers in our way over this period, then removing them will see us as regular CL last 8’s and as well as winning the Treble, we will be adding the Grand National and Eurovision to our haul.

     

     

    The alternative to that view is that we are actually doing quite well but we can always do better. It is a sober and unsensationalist view- not good journalism, I know. But, maybe it fits the facts better.

     

     

    There will come a time when we have a new CEO and new blood in the boardroom. I do not expect that those changes will dramatically alter our stars. Harry Brady, expects otherwise. I will let time tell us who is the more prophetic.

     

     

    Here’s another prediction- just as we did with Fergus McCann, we will not express any appreciation of their efforts until after they have gone.- and yes, we overpaid both while they were here.

  3. traditionalist88 on

    HENRIK1967 on 30TH MAY 2019 8:15 AM

     

     

    From Harry Brady CU.

     

     

    Posted by Harry Brady | May 29, 2019 | Articles, Season 2018-19, Season 2018-2019 | 0 |

     

     

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

     

     

    We’ve been over this on here but its very easy to say who you don’t want without saying who you do want.

     

     

    I get that its not your job in that you have neither the time or resources to plough into looking for a potential successor to BR (though this doesn’t make total sense to me as he had the time to write this long winded post and obviously has an internet connection with access to manager and club stats at the click of a button, free of charge)- so if you accept it is the CEO’s/DD’s job then you are accepting that they are best placed to make a judgement call on who is the best man to take us forward. They know who applied for it. They may have had tentative talks with a couple of big guns. They thought Lennon was the best candidate who actually wanted the job.

     

     

    Give us another suggestion Harry or move on.

     

     

    HH

  4. This, this and this ??

     

     

    I’m not suggesting that we are about to financially implode. No, the ten of millions gathering dust in the bank will prevent that. But I think we are far more vulnerable on the pitch than many seem to think. And whilst I will get behind Neil Lennon for the forthcoming season, his appointment fills me with no confidence whatsoever. There is a solid base of players at Celtic, but the team also badly needs up dating and refreshed with some new blood ready to walk into the first team and guys who are not loans. Does our recent history suggest that such a scenario will occur ?

     

     

    And in the unlikely event of modest but sensible investment in any of our rivals allied to good appointments, then Celtic under Lawwell, Wilson, Desmond and Allison are there for the taking. You’re kidding yourself on if you think otherwise. 17.45 pm on the 25th of May proves it for me.

     

     

    JJ – you watch the games mhate. You see how little there is between us and our opponents all too often. At one point Frank Bruno too was undefeated.

     

     

    GlassChinCSC

     

     

    HH JG

  5. Guys,

     

     

    How about a reverse scenario: what clubs do you think would be vying for Neil’s signature if he turned Celtic down. ?

     

     

    HH.

  6. Go tell the Spartim on

    The full bloodied support of PL and everything that he does is so demoralising on here.

     

     

    He has overseen an amazingly successful period in our history, but that does not mean for one iota of a second that everything he does is right for Celtic. PL works for one man and one man only DD, and he works to protect both his and DD’s interests.

     

     

    More esteemed and eloquent posters on here can provide more indepth knowledge of where he has ballsed up, Res 12, 5 Way agreement, fannying about with transfers,etc.

     

     

    HE IS NOT ABOVE CRITICISM JUST BECAUSE HE KEEPS A MEAN BALANCE SHEET

  7. traditionalist88 on

    GREENPINATA on 30TH MAY 2019 9:19 AM

     

    Guys,

     

     

    How about a reverse scenario: what clubs do you think would be vying for Neil’s signature if he turned Celtic down. ?

     

     

    HH.

     

    ==========

     

     

    When he left Celtic, I think we can all agree he deserved a better and bigger job that he got at Bolton, a basket case of a club.

     

     

    Maybe his timing was just bad.

     

     

    Or maybe the arrogance and dismissive nature towards his achievements in Scotland and in Europe counted against him.

     

     

    I wouldn’t let those clubs blinkered views affect our recruitment process.

     

     

    [Yes, I know Rodgers left us for an EPL job – but down there, they trust managers who have worked there before – hence the usual managerial merry-go-round of bang average managers like Allardyce, Pardew, Redknapp etc etc. And this is with their tens of millions TV money every year]

     

     

    HH

  8. traditionalist88 on

    GO TELL THE SPARTIM on 30TH MAY 2019 9:32 AM

     

     

    He got slaughtered for the transfer window last summer, hardly ‘full bloodied support of PL and everything that he does is so demoralising on here’, and Res 12 has huge traction on here – between those involved and those on the outside demanding progress without really knowing whats going on.

     

     

    HH

  9. Trad88

     

     

    All fair comment. But you kinda answered the question, by not answering the question!

     

     

    (And I won’t be holding my breath for any striking answers!)

     

     

    HH jg

  10. I didn’t particularly want Neil Lennon, but here we are. However, no one at Celtic ever filled us with false promises of Benites, AVB or Mourinho. That was all internet speculation as were Howe or Wagner.

     

     

    It left only 3 credible choices imo. Lenny, Moyes or Clarke. Clarke ruled himself out early doors, so it was a straight choice between the other two and given that Lenny delivered everyhing to the letter for the PLC, can anyone really say they were really suprised at this?

     

     

    I can see the pros and the cons to his appointment and I’m hoping the additions to his backroom staff are an indication of his development in the managerial game. We will wait and see.

     

     

    In the meantime, I’m still revelling in the achievement of 9 /9 and the Treble Trebles and would advise everyone else to do the same as oppossed to letting it ruin your summer.

     

     

    Our enemies were hoping for this to happen, they should be careful what they wish for.

  11. traditionalist88 on

    JAMESGANG on 30TH MAY 2019 9:44 AM

     

     

    Sorry, lost in different conversations, what was this in relation to?!

     

     

    HH

  12. The fact that the CQN line is that we’re seeking a progressive assistant coach implicitly highlights NFL’s limitations and associated risks.

     

     

    If Mr Parker is chosen to fill such a role, these limitations and risks will be magnified, not mitigated.

     

     

    Going on the piss to Dublin days before a Glasgow Derby was unprofessional. Say what you want about the ?he was professional when it came to physical conditioning.

     

     

    And despite it all, I will support NFL because support is what I do. And because he’s not responsible for this potential over-promotion

     

     

    HH jg

  13. Chairbhoy

     

     

    On other clubs, they dont have to spend more, just put effective controls in place so “Rangers” behave in the same financially careful way that they do.

     

     

    It will not remove the wage gap inherent from crowd size but it might narrow it enough to improve their chances of a UEFA place. Look at Killie.

     

     

    The problem is their supporters aren’t putting pressure on their clubs.

     

     

    With regard to rinse and repeat that cannot be countenaced because it will endanger Celtic, who are not out of the Res12 woods yet, to a point of supporters realising they are being taken for mugs in a game where rules dont apply at Ibrox.

     

     

    As a shareholder I question the idea that ” protecting Rangers” comes at no cost to Celtic.

     

     

    I never bought into the idea that Celtic lost millions as result of what took place in 2011. The team at that time would have been unlikely to get past qualifying so hard cost would be qualifying payments circa £300k.

     

     

    However under previous UEFA rules covering 2009 and 2010,there is a requirement that even although tax due to HMRC is in dispute, nevertheless full details of individual players that tax payable is in respect of, must be provided or a licence application should be refused.

     

     

    This creates a snooker. If all details provided then Rangers in the clear but SFA guilty of not investigating the basis of

     

    tax owed, which was ebts with side letters.

     

     

    If details not provided then licence should have been refused.

     

     

    (There is also another reason to refuse under ” fair presentation ” of accounts that also applies and might apply to the other earlier years Rangers won titles, but you get my drift)

     

     

    That puts a different complexion on the cost to Celtic and there surely has to be some assurances that it cannot happen again and yet Celtic are being dependent on the very organisation that may have cost us millions to establish if they acted properly?

     

     

    That makes no sense whatsoever but it was at Celtic’s insistence that Res12 tried to obtain answers domestically rather than pass Res12, which would have ended the matter given knowledge at that time on UEFA FFP and tax matters was sparse.

     

     

    It will get worse for Celtic if they are perceived as not upholding shareholders interests by allowing an organisation on whom they depend for fair play, to put Celtic’s chances of continuous CL participation at risk when that organisation (the SFA), have been shown to protect their own interest above Celtic’s.

     

     

    However although the sums lost may have been higher than just 2011, it’s about sending a message to the SFA and Celtic that they are accountable especially if it can be shown both have been less than honest with shareholders in the handling of Res12.

     

     

    Or does no one really care and both Celtic and are depending on that?

  14. traditionalist88 on

    JAMESGANG on 30TH MAY 2019 9:56 AM

     

     

    Thanks! I suppose, we can’t even pick a Celtic manager on here, so what chance have we got of picking anyone elses ;)

     

     

    Well, he wouldn’t have been in the running for the Marseille, Sevilla or Betis jobs so in theory would be targetting a job in the UK, lower end Scottish Premiership (or Killie) or Championship in England.

     

     

    Circumstances this time were kind to him, he took over as our interim manager, did what was asked of him, has been involved in planning for the summer, and got the job full time.

     

     

    Lets hope it all goes well for both parties!

     

     

    HH

  15. Jamesgang said:

     

     

    ” JJ – you watch the games mhate. You see how little there is between us and our opponents all too often. At one point Frank Bruno too was undefeated.”

     

     

    james me Bhoy,

     

    I have long argued that , on a match by match basis, there is only a small difference between teams in the SPL.That small difference, though, is enough for the better teams to win more often than the weaker teams and, over the course of a season, to win the League.

     

    Olympic sprinters have regularly beaten rivals by margins in the hundredths of a second. Most observers might talk of the margin on the day but do not bother too much about it afterwards . If one guy wins ten gold medals out of ten, the margins become both meaningless and forgotten.

     

    Unfortunately, that is not the case if the amazingly successful sprinter is Celtic.

     

    Damp day here but very little wind so a wee bike ride is in the offing.

     

    Cheerio for now.

     

    JJ

  16. Auldheid

     

    I think your last question is where we are, the opportunity to do something about this for the common supporter if you like is season ticket renewal time, how did that go?

     

    Is it any wonder the board think they can pull this off.

  17. See Athletico Madrid have bid £71M for Ben Chilwell Leicesters young Left back

     

     

    Its expected Man City will respond with similar offer

     

     

    Wonder where Brendan will look for a replacement ???

  18. Auldheid

     

     

    ” Or does no one really care ”

     

     

    In that, of course, lies the crux of the matter.

     

     

    Maybe a concerted campaign by ALL the Celtic Blogs would help change that?

     

     

    Deff. off now,

     

    JJ

  19. Big Georges Fan Club - Hail, Hail, Wee Oscar on

    Hello this is WEE BGFC. I formally apologise for being overly harsh on a negative neil lennon comment.

     

     

    HH

     

    WEE BGFC

  20. !!Bada Bing!! on

    JC2 on 30TH MAY 2019 10:26 AM

     

     

    See Athletico Madrid have bid £71M for Ben Chilwell Leicesters young Left back

     

     

     

     

     

     

     

     

    Its expected Man City will respond with similar offer

     

     

     

     

     

     

     

     

    Wonder where Brendan will look for a replacement ???

     

     

    Spurs want Maddison, same question mate…..

  21. traditionalist88 on

    Clubs also looking or who have recently appointed a manager:

     

     

    Marseille (AVB)

     

    Sevilla

     

    Real Betis

     

    B.Moenchengladbach (M.Rose)

     

    Schalke (Wagner)

     

    Inter

     

    Juventus

     

    Milan

     

    Roma

     

     

    Its not easy out there.

     

     

    HH

  22. FOOL TIME WHISTLE on 30TH MAY 2019 1:15 AM

     

    Here’s Aston Villa’s CEO & Manager chatting to their own TV channel.

     

     

    The CEO is Christian Purslow. He comes over well in this interview.

     

     

    Posting for a friend.

     

     

    https://www.youtube.com/watch?v=nfkEFwk3SCk

     

     

    ————————————

     

    Ftw

     

     

    Thanks for posting that,gond interview.They are backed after takeover last summer by Nassef Sawiris,egyptian worth $7.5 billion and Wes Edens who owns milwaukee bucks(as an aside to his own investment house) over.your side o pond.after listenin to both over weekend those deep pockets are goin to be shooglin :-).an ambitious pair

     

     

    HH

  23. The hands cant hit what the eyes cant see on

    @ TRADITIONALIST88 on 30TH MAY 2019 9:07 AM

     

     

    “We’ve been over this on here but its very easy to say who you don’t want without saying who you do want.”

     

     

    It’s because we pay people a great deal of money to have the relevant qualifications and skill to discharge their duties. which includes scouring the market for the best candidates. Fundamentally, it is easier to rule out candidates who we know/don’t appear good enough (Mark McGhee etc).

  24. I think Harry Brady’s article is moany faced drivel. I don’t propose to argue his points other than point out treble treble, 8 in a row, record financials.

     

     

    I feel that this blog is exceptional today with well argued interesting posts and an absence of personal attacks.

     

     

    This blog has intelligent posters, witty posters, informative posters and fufills a lot of the must reads in the close season

     

     

    Well done to all

  25. SFTB @ 8.59

     

     

    PL must love you as you spend time and effort to critically analyse the thoughts of others with a view to suggesting that things are not as bad as they seem / be happy with your lot / what we have is the optimal way forward given our situation.

     

     

    You are the conservative voice of the support.

     

    Always taking time and effort to analyse the thoughts of the support but not the board.

     

    Happy clapper does not do your efforts justice.

     

     

    Have you and PL ever been seen in the same room?

     

    I think we should be told.

  26. traditionalist88 on

    THE HANDS CANT HIT WHAT THE EYES CANT SEE on 30TH MAY 2019 11:33 AM

     

    @ TRADITIONALIST88 on 30TH MAY 2019 9:07 AM

     

     

    “We’ve been over this on here but its very easy to say who you don’t want without saying who you do want.”

     

     

    It’s because we pay people a great deal of money to have the relevant qualifications and skill to discharge their duties.

     

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

     

     

    If we doubled the CEO’s pay packet (we’d be mad) its not going to make another 10 top notch candidates fall out the sky, desperate to come to Scotland and forget about their potential move to a big league.

     

     

    If we doubled the managers wage Rodgers was on (we’d also be mad) but see list of clubs also recruiting for a manager for next season.

     

     

    HH

  27. DESSYBHOY on 30TH MAY 2019 10:26 AM

     

    Auldheid

     

     

     

     

    I think your last question is where we are, the opportunity to do something about this for the common supporter if you like is season ticket renewal time, how did that go?

     

     

     

     

    Is it any wonder the board think they can pull this off.

     

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

     

    Does a drug dealer worry about his customers not turning up?

     

     

    Not for as long as the product is perceived as untainted.

  28. HOT SMOKED on 30TH MAY 2019 10:29 AM

     

    Auldheid

     

     

    ” Or does no one really care ”

     

     

    In that, of course, lies the crux of the matter.

     

     

    Maybe a concerted campaign by ALL the Celtic Blogs would help change that?

     

     

    Deff. off now,

     

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

     

    Some blogs are more interested than others……

  29. The hands cant hit what the eyes cant see on

    @ TRADITIONALIST88 on 30TH MAY 2019 11:41 AM

     

     

    There is a large spectrum of managers out there. It is not Benitez or Lennon or even Rodgers or Lennon. There are levels in between managing top PL clubs v lower level Scottish.

     

     

    We have just been included in a survey of the top 32 clubs in Europe by value but continually undersell our appeal and finances at our disposal.

     

     

    As pointed out in the Harry Brady article we pay our CEO top 6 EPL wages but then plead poverty otherwise.

  30. traditionalist88 on

    THE HANDS CANT HIT WHAT THE EYES CANT SEE on 30TH MAY 2019 12:02 PM

     

     

    I keep hearing about a ‘large spectrum of managers’ and a ‘huge chasm’ between Rodgers and Lennon etc. etc.

     

     

    The truth is that , even in the cash rich EPL where the club who comes bottom gets £100m, journeyman managers like Allardyce, Pardew, Redknapp, Moyes, Pulis make up a large part of this ‘chasm’.

     

     

    Look at the list of clubs currently or recently recruiting from the big leagues and it shows what we’re up against trying to get one of the promising ones. Even if those vacancies didnt exist you’re fighting a battle to try and get one to leave a big league to come to Scotland.

     

     

    Always open to suggestions though. But simply looking for a bit of acknowledgement of the difficulty in luring top managers to Scotland, and when they go unnamed its all a bit idealistic and wishful thinking as far as I can see,

     

     

    HH

     

     

     

     

    HH

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