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).
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DBBIA,
Much as I have no time for Peter Grant, I have to entirely agree with you. He certainly gave his (admittedly very limited) all. Let’s hope Tony Watt grows up and fulfils his God-given talents.
Colin Murray on Talksport listing great players that have made it as great managers. Guardiola, Ancellotti etc…
Names Ally McCoist……
Tumbleweed blows through the studio with silence.
“Great player and good manager has had a lot to put up with.” Someone comments.
The second or so silence was priceless.
Bob Paisley in Rome, en route to the 1977 European Cup final ” The last time I drove down here, I was in a tank liberating Italy” Wooooft! Hehe
HT – if you could re-write a football club’s history, you would be wearing a shirt with 5 stars on it !!
Di Canio alone was worth the season ticket money for one season that I remember. He was an incredible, outrageous talent, although he was never as effective as a certain B Laudrup at releasing the ball at just the right time. There was always another player to dribble past.
Di Canio the man isn’t even worth mentioning.
T4
Dontbrattbakkinanger
11:41 on
24 September, 2013
Absolutely spot on!! TW has probably earned as much in his short Celtic career than PG did in his, and therein lies part of the problem, IMHO.
Desertbhoy
My post did point out that I am aware I can’t rewrite history.
I met Tommy Burns several times I don’t believe I ever heard him say a bad word against anyone and that includes Di Canio.
I think that says more about Tommy than Paolo.
“There should be a law against him, He know’s what’s happening 20 mins. Before anyone else” Jock Stein on Bobby Moore, and how very true he was.
tonydonnelly67
11:55 on
24 September, 2013
Dont know about that. He didnt see the ol Columbian store tec behind him.
“They’ll be dancing in the streets of Raith tonight” David Coleman fails to grasp that Raith Rovers play in Kircaldy, hehe.
On the PG issue — he was a much better footballer than he was ever given credit for.
He played his best football when PMcSt was out for a couple of months.
He started to think and he started passing.
No pointing and less growling.
Struggling to remember the exact season.
VJ had a similar transformation in the old Engilsh First Division.
Strange, very strange.
Henri7k
Re the Pinsents quote, could you tell me where you read this? Would love to read it. Cheers.
http://www.newsnetscotland.com/index.php/scottish-news/8066-bbc-trust-denies-reports-it-is-to-pursue-jim-spence-rangers-complaint
Frantic07
https://twitter.com/corsica1968
weet weet weet(gbwo)
11:32 on 24 September, 2013
Cheers will have a look.
“It’s a great job during the week, but sometimes the Saturday spoils it” ….Southport Manager Mike Walsh, lol.
What do the names Green, Whyte and Celtic Property Developments all have in common? All will be revealed soon enough
Who said the UFH doesn’t have a sense of humour
The end is nigh!
new article posted.
MadMitch
Thinking back to when Peter Grant first appeared in the team he was a different, more creative player. I wonder if he had to adapt to the “combative midfielder” role to get into the Maestro inspired Celtic midfield ?
Anyone aware of Peter Grant’s role as a reserve/youth player ?
Chairbhoy@07:24
“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.”
I am not sure if you are implying that Celtic, as a club, are incapable of training players to a required level of fitness?
Surely, the more reasonable explanation is that these two players (I assume you meant Maloney, in addition to Watt) were shipped out because of known and recognised difficulties in reaching the levels of fitness that the rest of the squad were achieving.
Our management and supporters knew that Shaun was a talented footballer and dedicated to improving but he could not stay fit enough for long enough, to re-gain match fitness with us. That position continued for some time following his transfer to Wigan. Roberto Martinez did not solve it quickly because he and Wigan knew more about fitness than Celtic do. What happened was that Shaun slowly recovered from his injury, remained fit for a reasonable period, and re-gained the match fitness he had in his early days at Celtic.
Tony Watt’s training issues seem to be more of the Kris Boyd type than genuine injury. Lifestyle and temperament may be more at fault than muscle or skeletal weakness. It should, therefore, be easier to sort out but it will be sorted out far quicker if Tony Watt recognises it is a problem as the Lierse coach cannot make him have the desire to be professional, any more than Neil Lennon can.
I do worry about losing Tony Watt to Celtic, not because of Kojo’s risible reasons on the Lierse fans love for him. The wages they pay will not be enough to keep Tony if he recovers form and, if he does not recover form, then they will no longer love him.
My worry is that Tony blames Celtic for not accommodating his moods and he will agitate to go elsewhere whether his form and fitness improves,stagnates or worsens. That would suggest that Tony has not learned the lesson.
Celtic shipped him out to give him a new and uncomfortable environment to shock him into more professional behaviour. It will only have worked if Tony Watt buckles down, recognises that Celtic have done him a favour, and he wants to come back here to show us he’s reformed and is now worthy of our team.
Thank you
” I left as I arrived, fired with enthusiasm” John McGrath on getting the bullet from Preston….now that is a belter, hahaha.
Hamiltontim.
Regarding Di Canio, when he joined Celtic there wasn’t a hint that he was a right wing Racist,That part of his history may have been hidden from us, maybe the time he spent with us, he was conversing with the Govanites and was converted into their type of facism, I don’t know, I’m left, of left wing,and for the life of me I can’t spot left wingers in a crowd, so what chance for me to spot Paulo’s leanings.
When I was in the Corinthian Club on the night of the Karanski game,about 8 players,past & present came into the bar I was in, and as you do, you have a word with them,Tony Watt was there and the first thing I noticed about him was,He had an attitude problem, a loner, he stood at the bar on his own, never joined the rest of the group when they sat down, as if they didn’t want his company.
A young player who looked lost in a big mans world. If he want’s to play for Celtic, He’ll have to join in the company and knuckle down, and try and make friends with his team mates, at the very least.