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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Over on FF they think WE might be laundering season ticket
money
FFS they are bonkers
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
samsung1872
Trialist Join Date: 03-06-2010
Posts: 240
Re: Bheasts Admit Season Ticket Sales Down
——————————————————————————–
Quote:
Originally Posted by cambridgeblue
Great scheme if you wanted to launder money…
It really wouldn’t surprise me. Funny how their s/t figures are slightly higher than ours.
blantyretim is praying for the knox family
19:46 on 23 September, 2013
I luv the ‘lounges’ …….!!!
The catering is poor value; I don’t mind paying money for decent grub.
Weefra
Good evening. How is that wee fighter mother of your’s?
BIG-CUP-WINNERS
VFM……..explain………….i’m thick enough to be
a hun……….all though far to handsome.
67.
I know you love everything Celtic buddy.. O)
Anyone know if you can still print of match tickets at home ?
Can you get a Capri Sun if your in ‘business class?’
Wee France
Those larkie bhoys are all good lads..
Wee France?
Hooooooops
jimbo67
17:47 on 23 September, 2013
What’s all this garbage from Rangers fans about our club’s accounts. The last time their former club posted accounts that had any connection with reality I was thin and had black hair. Nowadays I answer to ‘Santa’
Jimbo67 supporting Oscar Knox
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Brilliant,mate. Absolutely brilliant!
valentinesday
VFM …….value for money
DD
She is absolutely fine. She defies logic with her fighting spirit. Sitting up and knowing you is the greatest feeling in the world. Thanks for you concern. :))
Weefra HH supporting Wee Oscar.
Some hurtin’ going on in respect of Celtic’s fantastic Financial Results…..
TinyTim
19:41 on 23 September, 2013
‘The cost is very expensive aswell.
£10 for fish n Chips n frozen peas.’
####
1. There’s nothing wrong with frozen peas.
2. That a lower mark up than they apply to the swill for sale on the concourses.
Canamalar
I finally got the wife to show me how to scan the resolution page and sent it to you at yahoo.com. Hope it arrived and is of some help.
HaHaHaHaHa, wait ’til you hear this –
A blck Monday for Hun Zombie severywhere – not only do Celtic release record financial figures but Tesco – yes, Tesco – announce the release of their own 7-inch Tablet product called…
The Huddle (spelled ‘Hudl.’)!
twitter hash tag – #LetsHudl
FF will be in meltdown – Tesco now on the banned list!
LMFAO. GIRUYHHC!
Big cup winners
My children will tell you, they used to get over fed before the game. Refuse to pay rip off prices for poor fare in the stadium.
unusually for me I am in this parish on a Monday, driving earlier between 7-7.30 so I decided to listen to SSB . Big mistake , the quality of caller is even worse than I remember, I heard two guys on ,Celtic supporters, now we like to crow about how thick the other lot are, but dear God we had a couple of charmers on tonight.
Both of them making no sense and the depth of their arguement was minimal, I was reaslly surprised they were not binned after 90 seconds. Perhaps it shows how poor the quality of caller and listener is nowadays.
My Hun radar was on full alert when one of the Celtic supporters referred to Scotlands best young manager as “Alistair McCoist” , fishy.
BT
Sorry , I missed your reply.
I think our board are doing a wonderful job.
But it is all predicated on us achieving CL football.
The planning for qualification this season left a lot to be desired.IMHO.
You are forgetting that I have been referred to for years , and on many occasions , as a mineshafter.
I care deeply about our club.
The Hun has not gone away.
The Zombie will replace the Hun soon enough.
I have always said that The Rnagers would not die.
The club may have , but their Catholic /Celtic/Fenian hating supporters will always be there to try and persecute us.
We will be able to molligate them if we have a strong financial advantage.
Make no bones about it .
There hatred for all things Celtic has only strengthened .
My views are held out of concern to stay above them.
Complacency was their downfall.
I don’t want it to be ours.
TT
Ernie Lynch
Only thing wrong with frozen peas id if they’re still frozen when your dinner arrives
tinytim
19:44 on 23 September, 2013
The results where good mate just wondered why you weren’t happy about them, the teams winning, we made the group stage, we have a good team and the Huns are dead to me it’s all good HH
BIG-CUP-WINNERS
Every day’s a school day right enough.
There is a loan of around £20m (from the Co-op Bank) due to be repaid in 2019. They do not seem to have paid much of it back since it was taken out in the early O’Neill years.
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We will be on 9 in a row by then. DVD sales will cover the loan.
Yesterday it was £2000 so today you have saved £800.
Celtic really need to look at the benefits .
A free pie and programme , plus preference for away tickets is not much of an incentive for an additional£1200 per season .
tinytim
09:55 on 22 September, 2013
Celt for life 08.42
I was told by steward in the business class section yesterday that it would “next month”.
They haven’t a clue.
I was told the same thing last month.
The have given the Business class lounges a modern sparkle ( see what I did there Ronnie)yet there are not enough seats.
Fans paying the better part of £2k , and they have to sit on the edge if window sills.
Meanwhile the Kerrydale lounge has plenty and is free.
Celtic had better think this one out or they are about to lose a few Business class season ticket holders.
TT
That’s where we disagree. I think the board is doing a good not wonderful job. If they are doing a wonderful job the figures would not be dependant on cl group stage to keep us in the black.
Hendrix67
You only get them in business class at the Captains Birdseye
Weefra
Great to hear. :) My granddaughter will be delighted to know that her prayer’s work.
Ernie Lynch
I am not alien to the good on the concourses(:-)
I still have 4 season tickets in the Jock Stein.
I agree , that the food on offer there leaves a lot to be desired.
TT
Hendrix67
Tis very good….showing all episodes on sky Atlantic at the mo…
Kikinthenakas
This time next week,we’ll be debating how
to get the better of Barca……….on second
thought’s……we already know how.
I look forward to my pie and bovril
Why are the media stating that sevco are recognised by Uefa as being oldco whe all they have to do is go onto the Uefa site and type in ‘rangers’….up comes the detail on the llast season of the now zombied team…..lload of plonkers in the SMSM
DD
God bless her. You better believe it. :)
Weefra HH supporting Wee Oscar.
Quite amazing the number of goalies who have played in the SPL performing now in the EPL. Marshall, Boruc, Ruddy, Sperroni and the wan fae yon deid team, who plies his trade with Hull, are all first picks. Great to see Davie Marshall particularly playing so well.
When any sevco fan pipes up with you owe the co-op £30m when talking about our financial results .
Just say
If that is true it must mean WE are the same club ,so when are your club going to be paying the £59m you owe to 276 creditors .
GIRUY
your nowt but a tribute act
HH
God Bless The Glasgow Celtic.
Kikinthenakas
I’ll give it a go. The wife has seen and she liked it. Although she does have previous for watching utter sh**e.