19 years after last having money in the bank, all we needed was ‘Armageddon’ to allow Celtic to return to the black.
Despite a drop in income from domestic football turnover increased an incredible 47.7% to £75.82m thanks to participation in the Champions League, leaving a balance of £3.76m in the bank (after season ticket money arrived in) on 30 June 2013.
The profit for last season of £9.74m more than made up for the loss of £7.37m made when competing with others who were subsequently found to be unwilling (not just unable) to pay their bills.
This summer’s transfers were split between the financial year just reported and the current period, with a £9.66m investment in football personnel and £5.19m recouped from player disposal (clearly the Wanyama sale was post-year-end.
These figures are retrospective and would have read hollow if the club didn’t reach the Champions League again this season. With that status achieved we are now in a remarkably strong position to continue to scout, recruit, develop talent and improve the playing squad.
More detailed analysis tomorrow.
1254125 at The Great Scottish Run.
On Sunday 6 October there is a 10k and Half Marathon. If that is beyond you. There are family events taking place the day before. This is your club, remind the world of what really counts and get involved in 1254125.
The first thing you need to do is sign up for the Great Scottish Run, or here for one of the family events.
Once you’ve done that, you can register for the 1254125 campaign here.
Then you can create a donations page here. Click Start Fundraising, search for Celtic Charity, setup your My Donate account).
Email me and let me know if you are having trouble signing up or need any more help, celticquicknews@gmail.com.
To read the new issue of CQN Magazine click here (don’t try to read the graphic below).
[calameo code=000390171853d2bfc4f69 lang=en page=4 hidelinks=1 width=100% height=500]
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Greendreamz
That is a beautiful dream for our parents and grandparents. It is our reality. Celebrate!
Goodnight to all.
Greendreamz
Only the Ki transfer was in the accounts.
If I saw a video of Celtic fans misbehaving and it was entitled “sad little Celtic” or somesuch, I’d be pissed off. Celtic is more than a club and if you slag them, you slag me (sort of:-)
Not presuming, but I think that’s what is bugging trophybhoy.
Slag off the dobs, or the police, or the politicians, but put the big brush away. It’s not all Scotia’s fault.
Richie
I have a note to call you tmrw if I forget give me a bell
night all
2 tickets for the Barca game here anybody you know where I am
The Spirit Of Arthur Lee @ 16:07
Ever had the feelin’ you’ve been cheated?
An Tearmann @ 17:25
Canamalar deserves full credit. I’m just a foot soldier.
Thank you!
canamalar prays Oscar can do it again @ 17:51
The deal is forever. I have been unable to any answer to why we just can’t pay this off now, while we can. It would be cheaper to accept the Co-op’s loan offer, which we don’t need either.
Big Georges Fan Club – Hail, Hail, Wee Oscar @ 17:53
Please copy me into e-mail at Morrisseythe23rd@aol.com. I’m printing all the last submissions tomorrow morning then taking all the signed resolutions to Celtic Park.
cliftonville celt from belfast praying for Oscar the wee legend @ 18:16
ASAP When I have all we have printed. I’m off to Celtic Park.
Auldheid @ 18:37
Somebody asked me for advice yesterday regarding buying shares. I suggested their were too late for this AGM. Their response was that meant it was important they bought the for the next one.
http://www.youtube.com/watch?v=cQsC4OlYLlM
…….There are players on the periphery who want to prove their worth, among them Tom Rogic and the recent signings Teemu Pukki, Nir Biton and Derk Boerrigter will all feature tonight. “We’ll have to, but it won’t be drastic changes,” said Lennon, who has invited Nicolas Mezquida, a 21-year-old Uruguayan striker, to the club for a trial. “Every tournament you are in you want to win it. I have to be careful, we want to keep the momentum going and Morton will come with nothing to lose. I know they’re in a bit of a bad run at the moment, but the team has been pretty consistent in the past couple of seasons. I don’t want this to be the game when they turn things around.
“It’s not staking a claim, but saying ‘I’m good enough, if you bring me in it will be a seamless transition’. That’s what I’m looking for. They have the desire and have been patient. Their attitude is good and they know what is required.”
Morrissey
Come on the Canadian Brown Bears :)
TQID
http://www.youtube.com/watch?v=_rN3xomFAng
TQID CSC
Publication of the revenues that Serie A clubs receive from kit manufacturers and sponsors has highlighted the gap between clubs within the Italian top flight and also with their European counterparts.
AC Milan top the list with just under €35 million through their deal with Adidas and Fly Emirates, while city rivals Inter are a close second with their long-standing association with Nike and Pirelli.
However, Sportweek report that after that after you remove the top five clubs from the €159m that Serie A clubs generate in total the remaining 15 sides’ average barely €3m from their current deals.
Capital side Roma this season have no sponsorship deals in place, although they have negotiated a manufacturing deal with Nike that begins at the end of the campaign.
Whilst the gap between some of Italy’s top clubs remains the difference in revenue generation is also notable against European rivals, Manchester United receive around €53m form Chevrolet without them even appearing on the Premier League sides match shirt.
In Spain and Germany Barcelona and Bayern Munich both earn €30m for their deals with Qatar Airways and Deutsche Telekom respectively and Fly Emirates pay Real Madrid €25m, nearly double what the Rossoneri receive from the airline.
1. AC Milan €33.8m (Adidas €20m and Fly Emirates €13.8m)
2. Inter €31.4m (Nike €18.2m and Pirelli €13.2m)
3. Juventus €28m (Nike €16.5m and Jeep €11.5m)
4. Napoli €17.2m (Macron €7.5 and Lethe/MSc €9.7m)
5. Sassuolo €11.4m (Sportika €400,000 and Mapei €11m)
http://forzaitalianfootball.com/2013/09/ac-milan-top-kit-revenues-but-serie-a-still-behind-in-europe/?
Zenit St Petersburg are the latest club to express an interest in free-scoring Heerenveen hitman Alfred Finnbogason. He enjoyed a superb debut season at Heerenveen, netting 24 times in 33 league outings, and he has started this season in blistering form with nine goals in just six Eredivisie appearances. The 24-year-old is attracting interest from all over Europe – he is also wanted by clubs in Germany and Italy – but Zenit are considering a January bid.
The Russian giants are willing to pay £8.5m for Finnbogason, who cost just £420,000 when he moved from Lokeren to Heerenveen last year.
http://talksport.com/football/zenit-join-premier-league-sides-circling-heerenveen-hitman-13092361275?
A huge hail hail to Paul, Martin and everyone on CQN from the 3.39 to Manchester Airport. I am en route to Bilbao and, two buses later, hope to be at Roncesvalles in the Pyrenees this evening and to start walking from there to Santiago tomorrow morning. I will think often of all in this community, especially those who are ill, those who have gone before us and those who have been bereaved. God bless all here.
Kojo
15:09 on
23 September, 2013
Delaneys Dunky
Hiya,pally?
Nice tae greet ye.
Ah am gled that ye brought this up.
Ah watched a rather Remarkable clip of Tony’s Debut Game ,fur Lierse.
And..
After Seeing how Friendly.. Welcoming..and All Roon, Great Folks ,,those
Endearing Lierse Fans . Are..
Why.. Ah widnae be surprised if Tony..
NEVER CAME Back tae us!
After the game wiz over..and Lierse has Triumphed.. Thanks tae Tony’s Debut Goal.
The Friendly, Couthy, Liersian Fans.. Applauded ,Lauded.. Tony and his Team Mates..in Gushing Gratitude..
And this Clapping and Cheering fae the Happy fans Went oan and oan and oan ..
Whit a Support!
Whit an Atmosphere of ..well.. Luv. .. Yep.. Luv..
Those Lierse Fans sure Luv thur Players..
And.. It Shows.
By ,Jingo .. It SHOWS!
because..well.. They Damn well.. SHOW IT!
Ah hiv seen nothing like it..
Oor Support is Great..
But…………………
Anyway, Ah am sure that Tony,is very Happy at his Choice ..and Wull only Thrive in such a Welcoming and Home Spun Environment.
Howevahhhhhhhhhh
If Tony wus Me..or Ah wiz Tony.. Eethur Way..
Ah wid HIv a Problem oan Ma mind.. when It came tae Making a Decision, when Ma Loan Period Ran oot.
Nice chatting,pal
Kojo
Still,Laughin’
**********************************
Have just seen the video referred to above, and…….
Kojo’s no wrong…..
……again!!
http://www.youtube.com/watch?v=XHu246O-GU4&feature=player_embedded#t=0
Celtic_First
04:09 on
24 September, 2013
And God bless you and the good people of the Basque country who have not had their sorrows to seek.
Congrats and good luck to Jackson Irvine………….
Holger Osieck has included Mathew Leckie, Oliver Bozanic and Jackson Irvine in the latest Socceroos squad. Osieck’s position has been the subject of intense scrutiny following the embarrassing 6-0 friendly defeat to Brazil on September 7, with fans and media alike calling for major changes ahead of the 2014 FIFA World Cup.
Seeking to combat the criticism, and possibly acting under orders from Football Federation Australia, Osieck has picked a larger group of 24 players with several notable changes, for the matches against France in Paris on October 11 and Canada at Fulham’s Craven Cottage four days later.
http://int.soccerway.com/news/2013/September/24/besieged-osieck-names-new-socceroos-faces/?
turkeybhoy
21:42 on 23 September, 2013
GlassTwoThirdsFull
18:34 on
23 September, 2013
Monaghan1900 18:22
They’re absolutely right you know. They’ll throw that one at us every time we mention the European Cup. “Ah but – have you won the Ramsdens Cup? Division 3?”. We’ll have absolutely no come-back then…….
Oh sh-t,somebody come up with a rebuttal to this witty,incisive put down before I come face to face with one of them and he leaves me speechless.I wont sleep now.FFS.
…………..
The retort would be…. Never plumbed those depths… Or something similar …never stooped so low…
Moon howling from Denver tonight. 22.26 local time but add seven hours and that’s how I feel!
Hendricks in the rocks as a nightcap then hopefully some sleep.
God Bless the Celtic family!
HH RobinBhoy
Top of the morning to you all from a still-darkish Fife where there is not a cloud in sight and the trees are still.
Some campaigner against secrecy upsetting the lieges in East Central Scotland:
http://www.thecourier.co.uk/news/local/fife/fife-campaigner-s-call-to-reveal-freemasons-in-the-legal-system-1.133751
Good morning world from a grey and damp, though still mild East Kilbride.
Another trip to The Park tonight to watch the Champions play. Fantastic!
Celtic_1st @ 04;09,
Good luck with the walk…
Quite mild with a light cloud here in the Chilterns…
Haven’t been posting for a while, though doing my usual lurking but not as thoroughly as normal…
So don’t know if it’s been mentioned but yet again we have a Celtic player who goes to another Club and can’t make the first team due to fitness levels. It Will be interesting to see Tony Watt’s progress in Belgium.
Wonder what team Lenny Will pick for tonight? I’d like to see some of the bhoys who made an impact in Dublin v Liverpool given a chance.
Celtic 3-0 Morton
Celtic First
Best wishes on your travels may God go with you.
Morning,
I hope it brightens up as taking my eldest to his first game tonight. To be going to your first Celtic game again. I have never been as excited as that in my entire life.
Lawwell has laughed off claims that Celtic
have a secret debt of £35m to the Co-
Operative Bank.
Presenting the latest audited club accounts
showing a £9.4m profit Lawwell answered the
myth saying: “We have a long-term loan. That
is our debt. We are not using the overdraft and
we have enough money in the bank.
“Say that term loan is £20m – we have £23m
in the bank so that gives you £3m [net cash
at bank]. So we have more in the bank than
our debt.”
Lawwell added: “We have no bank debt and
money in the bank.”
Good morning CQNers,
This morning I’m indebted to Sandman @ 01:40 for posting the Battered Bunnet’s concise explanation of Celtic’s overdraft/loan facility with the Co-op, it was a perfect example of how to dismiss overblown, ill informed blog pieces.
A case in point of what CQN brings
Celtic_First
May the road rise up to meet you.
May the wind always be at your back.
May the sun shine warm upon your face,
and rains fall soft upon your fields.
And until we meet again,
May God hold you in the palm of His hand.
Morning all. Bleak down here yet again. Must be suffering from SAD due to lack of sunshine. Must invite those BBC weather forecasters to come and live here. Their cheeriness is so annoying.
Celtic_First,
Best wishes on your camino. I really wish I could be doing what you’re about to start. Too many white hairs now, I’m afraid. God go with you.
Best wishes to Celtic_First on his adventure across northern Spain.
Asonofdan
Lawwell has laughed off claims that Celtic
have a secret debt of £35m to the Co-
Operative Bank.
Presenting the latest audited club accounts
showing a £9.4m profit Lawwell answered the
myth saying: “We have a long-term loan. That
is our debt. We are not using the overdraft and
we have enough money in the bank.
“Say that term loan is £20m – we have £23m
in the bank so that gives you £3m [net cash
at bank]. So we have more in the bank than
our debt.”
Lawwell added: “We have no bank debt and
money in the bank.”
Ahh but what about the secret secret debt that Celtic have got, I heard £100million…
ASonofDan – savour the moment tonight. My first game was also a cup tie – Celtic v Queens Park in the Scottish Cup quarter final 5-3.
Good Morning Timland.
Looking forward to the game tonight,would like
to see a strong side out………got my heart set on
a treble this season………they tell me it’s ARMED
FORCES DAY at ibrokes on Saturday……..deary
deary me.
Celtic_First
I dropped my parents at Glasgow Airport at 6 this morning, connecting flight to Dublin and on to Bilbao, 10 days walking the Camino. A big event for them.
My dad has a small piece of red sandstone, reclaimed from St Mary’s Hall when it was demolished, into which he has inserted a small medal with Brother Walfrid on it, that he will lay on the path somewhere appropriate.
Me and the kids will be watching ‘The Way’ this weekend thinking of them on their journey, and now you too, God bless.
BK
Well,I never ….
An honest PR man!
http://www.justintimepr.com/best-pr-agency-fussy/
Celtic_First,
Good luck and God Bless, it is something I have often thought of doing – maybe next year.
http://www.dailymail.co.uk/travel/article-2159915/Walk-lifetime-Why-epic-Camino-trail-Spain-route-true-happiness.html
Hail! Hail! PMTYH
Neil Lennon & McCartney
03:48 on
24 September, 2013
Very interesting figures, thanks for that, especially La Signora in 3rd place. Do you think they’re still recovering from their ‘toxic’ state of the scandal?
Also interesting to note the cliff edge drop from the perennial European entrants to the Serie A fodder, whose deals are not as good as Celtic’s. Were we to have an automatic route to the Group stages I reckon we might be able to secure deals nearer Napoli’s.
We’re committed to Magners for 3 years but on completion it might well be worth looking at separate domestic and European sponsors. Spurs have done it. It’s the shirt sponsor rather than the kit sponsor where there margins are. Tipperary Water excepted.
http://www.telegraph.co.uk/sport/football/teams/sunderland/10329508/Paolo-Di-Canio-goodbye-and-good-riddance-you-wont-be-missed-at-Sunderland.html
~~~~~~~~~~~~~~~~~~~~
Excellent piece from Henry Winter. Strangely,the comments disagree with him,and support di Canio.