Detail in our annual accounts for the year to 30 June 2014, released yesterday, are bitter sweet. It was a good year financially but the successes were underpinned by qualification for the Champions League. This season’s revenue will be lucky to rise much above £50m, from last season’s £64m.
I see lots of comment on Peter Lawwell’s £400k bonus. The key figure to concentrate on executive pay is the basic (in this case £524k), not the bonus. Celtic executive pay, including manager, chief exec and scouts, should heavily incentivise qualification for the Champions League. If we’re in the Champions League, all other objectives become possible. Failure to qualify brings a range of risks; so the execs should feel the pain of failure in the pocket.
Basic pay should be appropriate for the work (this goes for all staff at the club, of course), but there is ample room to incentivise everyone, from executives, to kiosk staff, to stewards, on club performance or service objectives, as appropriate. Would doing so tackle many of the stewarding and service issues we see regularly? Would be interesting to find out.
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Wish Neil Lennon all the best in his new position, i agree wholeheartedly with Neils position from his own words in the article, it was without doubt the right time for him to leave Celtic to the benefit of both parties, no one to blame, as Neil states not exclusively about budget issues either.
Neil Lennon: Timing of Celtic exit was right, says new Bolton boss
New Bolton Wanderers manager Neil Lennon insists he has had “no regrets” about leaving Celtic earlier this year.
The 43-year-old decided to leave Celtic Park after securing his third straight Scottish top-flight title.
And Lennon secured his next managerial post at Bolton this week following the departure of Dougie Freedman.
“Early on, you have your doubts but I thought about it for so long,” Lennon told BBC Radio Scotland’s Sportsound programme.
“I’ve had no regrets. It was a huge wrench to leave but it was the right decision for me from a personal point of view and a professional point of view as well.
“We were moving on some really good players and it was difficult to replace them. Rangers weren’t there but then with Hibs and Hearts going as well, the two huge Edinburgh clubs, I just felt the competition was diluting even more. We had won the league by 29 points.
“I just thought, we’d done well. We’d won some silverware, we’d won three titles, we’d been in Europe. Unless we got a huge injection of money to challenge in the Champions League – and I knew that wasn’t the reality – then I felt it was a good time to go.
“I’m going to have different challenges every week and that’s something that’ll really test me as a manager and that’s what I was looking for.
“I wanted a different stimulus and a different motivation.”
Lennon regards Championship club Bolton as a “sleeping giant” of English football and hopes to boost their fortunes, with Wanderers currently bottom of their division.
“I really enjoyed the break,” said Lennon of his four months out of management.
“I really enjoyed the experiences I had with the BBC over the summer. I’m looking forward now to things at Bolton.
“I’ve taken on a big challenge. There’s great potential here.”
Did Lenny get a bonus when at the jolly green giant?
So Excluding SFA and huns is good for the Scottish national team
Kentit already!
Do kiosk staff at Celtic Park get bonuses for “selloots” ?
Early start and after all the travelling this week topped off with a birthday party in the house last night for the Minx’s youngest, I can almost see this far enough.
Anyways, c’mon the Celtic.
Celtic supporters are being hoodwinked in the standard greedy modern business model under the auspices of supporter loyalty
But times are changing.
Phase transitioning even.
For example for the first time in my life I will never support the Labour Party again.
The next time Celtic play Rangers will be the last time I pay attention to football and my love of Celtic.
The 55% :) of celtic supporters that are wankers are welcome to that vile filth.
I however will be fishing or something
Early morning in the wilds of Aberdeenshire. Just took my niece’s dogs for a brisk walk. Dry and fairly mild. Stood in the park looking up at a stunningly beautiful starry sky. Something you never see in the city. Certainly sets one’s mind contemplating one’s place in the cosmos. Insignificant isn’t the word.
I remember why I am here, on my way to see the Celtic and I think of my 3 dearly departed brothers, all good Celtic men. I arrive back at the house with happy dogs to a grateful niece and the welcoming aroma and soothing sounds of a cooking breakfast.
Brian would be proud of his legacy.
Hail Hail.
3-0 to the Bhoys.
Ronny this is your starting point
So Tom
Howzthat auld reekie water treating you?
Your usually accurate at predicting the Celtic score. What say you today at Dingowall?
3-0 I’ll go 2-1
I didn’t see the bottom line there but then again I’m not a Celtic executive
Margaret McGill –
3-0 today Maggie.
Edinburgh water is ok but I usually put whisky in it.
Cheers.
Enjoy the game yon
Enjoy the game Tom!!
Bloody phone
tom mclaughlin
07:00 on 18 October, 2014,
…………
Great post, your bro will be smiling down on ye ✊
HT
Yir a great Celt, bring back the 3 points, 2-0 Celts.
Hx2
Wedding over in Dunnon today, that’s if the ferrys are on, windy last night.
MTH
Bon chance to Celtic today, hope to see signs that RD as the football maestro has the ability to implement the football strategy part of the grand moneyball/soccer economics plan, RD certainly chose revolution, easy to knock an old structure away, does RD have the creative ability and personality to build a new Jerusalem………..
Celtic to pay the living wage no brainer ! objection to PL obscene bonus payment no brainer……… Celtic a club formed for the maintenance of food for children and the unemployed
Trades unionists and anti-poverty campaigners will lead a rally in Glasgow’s George Square as the culmination of Challenge Poverty Week.
Organisers said the event was “at the heart of the battle against austerity and tackling inequality”.
They have called on campaigners to join forces for “a just Scotland” – irrespective of their views on the outcome of the independence referendum.
The STUC said it expected thousands of people to attend Saturday’s event.
General secretary Grahame Smith said: “Campaigners from across Scotland will demonstrate our conviction that the rejuvenated focus on fighting economic inequality must continue.
“We expect that thousands of Scots, irrespective of how they voted in the referendum, will join us.”
‘Fairer wages’
He added: “The referendum campaign showed the appetite that exists in Scotland for tackling poverty, for fairer wages and against austerity.
“As the debate over future powers for the Scottish Parliament continues, we must not lose sight of the practical solutions to combating poverty – fair pay and working conditions, a living wage, decent housing and combating fuel poverty.
“It is only right that we should continue to explore how the Scottish Parliament can best be empowered to promote social justice, but it is equally important that we act now.”
Peter Kelly, director of the Poverty Alliance, said he believed the week’s events indicated “the strength of purpose and enormous potential in Scotland for getting the policies right to tackle poverty”.
He added: “The march and rally is a fitting culmination to a week in which we have highlighted that more than 800,000 people in Scotland live in low income households.
“In a rich country like ours, this is unnecessary and unacceptable.”
Up bright and early.
Well don’t know about the bright.
Think we will run riot today.
I’m predicting a goals avalanche.
5 zip to the good ghuys!
Hail Hail
Ginger & Vmhan –
Thank you both.
Good morning friends from a damp underfoot but now clear overhead and pretty windy East Kilbride. Hope all of our travelling fans have a very enjoyable round trip, particularly the couple of hours from 12.45 onwards.
burghbhoy
I want some of whatever it is that you have had!
Hope you are right!
And for those of you anxious to know which teams to avoid backing today, here’s the latest picks from the ole CQN Couponeers –
> Lennybhoy – Swindon
> Awalkacrosstherooftops – Morton
> Pogmanthony – Southampton
> Blantyretim – Bournemouth
> Jobo Baldie – Dundee Utd
> The Token Tim – Bury
> Greenlion2 – Preston
> PFayr – Derby
Good Morning Timland.
Safe journey to all heading to Dingwall,my admiration for our
travelling support knows no bounds.
Folks
For the avoidance of doubt
Celtic will NEVER play Rangers again. They may play a team claiming to be them but that team never paid their face painters or 275 other creditors and as such they died on appropriately enough Valentines day 2012.
Mind your language and don’t buy into the narrative.
HH. Up the hoops and go on the C ‘ ville. Stuff their vile cousins
the spirit of arthur lee
22:32 on 17 October, 2014
Big Georges Fan Club – Hail, Hail, Wee Oscar
Are you on Twitter
There seem to be plenty going on there
Love
————–
Hi there – went to bed and missed this – sorry!
Dont do the twitter / social media thingy ( other than this blog ) – but if twitter has spares, I’m sure well get sorted out OK.
Me and Wee BGFC just getting the breakfast, then off we go! Really looking forward to the game today – good, sharp passing, pressing the ball – solid performance and a 6-0 Hoops victory.
Might sound a tad over-optimistic, but despite the scoreline, we did create a shedload of clear chances against the Accies, and we will start puting these away.
HH
BGFC
P’s
Again for the avoidance of doubt “their” refers to the new teams vile cousins.
Taking my 11 year old daughter to her first ever Celtic match today. Really hoping that she finds it a positive experience as on such days can a future path be laid. Colour, noise, good humour, a few goals and the future could be green and white. And most importantly for her winning the half time raffle !
jobo baldie
07:49 on 18 October, 2014
Gooood morning Joe, not even caught up with my e-mails. What about Rooftops, what was his pick…:)
Keep the Faith!
Hail Hail!
Wish I shared the optimism about today’s game which seems to me like one of many we have struggled in over the years. Up against a rejuvenated agricultural team, on a pitch like a field and in a howling gale. The MIB will be fired up and copy McLeans performance in the game v Hamilton. Every 50 50 challenge will be a foul against us and we will get no obvious fouls and never a penalty, no matter how clear cut. If we play with 2 midfielders we will be over run so it’s time for RD to show that tactical genius we employed him for. Come on the hoops
gearoid1888 –
just a small correction to your post. They didn’t actually die on Valentines Day 2012. That was when they entered Administration. When that happens, they hand over the running of the club to Administrators who do their best to try to save the business. A common way that this happens is that the Administrators cut costs, sell off any relevant assets and then use all of those funds to make an offer to all of the folk they owe money to – e.g. will you all accept say 20p for every £1 we owe you… In the case of Rangers that final offer was overwhelmingly rejected by the creditors and so in June 2012 the club was liquidated.
Liquidation for a clumpany is the same in laymans terms as death for an individual. You can’t emerge from liquidation. They COULD have emerged from administration (just as Hearts have done) and have a valid claim to be the same entity.
Everyone in the Media knows the dates that they entered Administration and Liquidation. Have you ever heard anyone confirm the date that they came out of either? You haven’t because they didn’t.
Sorry for not mentioning the weather once there ;-)
Stunning result by accies last night, good luck to them. Wish we could do similar in games. Wonder how long they can make it last?
neilbhoy
Hope your daughter had a great day and enjoys a swashbuckling performance from the hoops.
I’ve already predicted 5 -0 to the hoops so she will love it.
The blog knows I’m never wrong!!
HH
Fabulously dreich in the capital of Dreichland. Crap coffee a go go.Spirits lifted by the sight of a young woman on a tram carrying an LP-Shuggie Otis-Freedom Flight .
Coneybhoy
Pale Fountains, great shout. Along with the Head brothers later re-incarnation, Shack, the most underrated band of all time.
http://www.youtube.com/watch?v=rEvLapWdESE
Does anyone know who the referee is today?
Snake
Bobby Madden.
Jobo@08.14
Bunnet / cap / hat doffed
I just soooo wanted it to be Feb 14 th as it is so appropriate.
Impetus for post remains the same.
Continue to read on here about the NEXT time we play them.
June 2012 they died then.
Liquidation is for life not just for Christmas
HH Jobo