Bitter sweet accounts

1056

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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1,056 Comments

  1. Gordon,

     

     

    regarding glib’n’ shameless –

     

    I’m sure wee chick will be on-hand to lead the line on deflecting, minimizing and sanitizing

     

    his konvictions…

     

     

    HH

  2. beatbhoy

     

     

    10:03 on 18 October, 2014

     

    ______________________

     

    Some say thet were liquidated?

     

    Some say they slithered away from paying £140 million?

     

    Some say it’s just the wording on a bit of paper that’s been altered?

     

    Me?

     

    I would say that Hugh Keevins was right when he said that the huns should be kept in the same League with a points deduction in place until – all – of the £140 mill was payed back in full.

  3. :::::::::::::::::::::::::::::::::::::::::::::::: Gordon :::::::::::::::::::::::::::::::::::::::::::::

     

    Ambrose ::::::::::::::: Denayer :::::::::::::::: Van Dijk ::::::::::::: Twardzik

     

    :::::::::::::::::::::::::::::::::::::::::::::::::: Bitton ::::::::::::::::::::::::::::::::::::::::::::::

     

    ::::::::::::::::: Brown ::::::::::::::::::::::::::::::::::::::::::::::::: Mulgrew :::::::::::::

     

    ::::::::::::::::::::::::::::::::::::::::::::::: Johansen ::::::::::::::::::::::::::::::::::::::::::

     

    ::::::::::::::::::::::::::::::: Commons ::::::::::::::: Stokes ::::::::::::::::::::::::::::

     

     

    would be my choice today, but if Ronny doesn’t go 4-2-3-1, I’ll eat my own colon.

     

     

    In fairness, after all the rending of garments and gnashing of teeth following the Hamilton result, I actually thought we played pretty well. I may even go so far as to say it was the best Celtic have played and lost in a long time. When things ain’t going your way…

     

     

    Anyway, surely a win today against the worst team in the league. If we can’t beat Ross County, I will suspect witchcraft.

  4. cliftonville celt from belfast on

    blantyretim is praying for the knox family

     

     

    09:54 on 18 October, 2014

     

    ————————————————–

     

    Seriously ?????

     

     

    Well that’s made my day 8-)

  5. Lennybhoy

     

     

    Is it not also true to say that it is a process, which, once started, cannot be reversed?

     

     

    Hail Hail.

  6. ....PFayr supports WeeOscar on

    Gordon J

     

     

    Glib shameless liars have often been considered appropriate to run Scottish football teams

  7. ....PFayr supports WeeOscar on

    Lennybhoy

     

     

    Scepovic hasn’t been given a fair shout as yet …that trumpet Stokes plays every min of every game and has scored as many goals as Scepovic …

  8. ....PFayr supports WeeOscar on

    Lennybhoy

     

     

    UOG team selection omits both …

     

     

    Thought they must be injured…why else would Twarzdik be selected and Guidetti left out ??

  9. KevJ

     

     

    Yeah, all Keevins was interested in was justice being done, right?

     

     

    Not his own job amidst football Armageddon?

     

     

    He’dve been happy for them to keep the history too until they paid the money back on the twelfth of Never too, I suppose?

  10. Awe_Naw_No_Annoni_Oan_Anaw_Noo on

    Kevj

     

     

    The SFA and the SPFL make no distinction on their historical website archives between the team that was liquidated snd the team that won league 2 last year and the team that won league one this year.

     

     

    As you are aware the SPFL is a new organisation. Newer than Sevco. So the decision has already been made to illustrate whether this is indeed a new team has already been taken. As Celtic are represented at the top level within the SPFL you can be rest assured due to the quality of our executive that this decision has already been taken.

     

     

    So the precedent has already been set snd Celtic FC being a member of both organisation will have to accept that they are indeed the same team. See the websites. They could find themselves on a disrepute charge if they were to even mention it.

     

     

    This imho was all sorted out during the 5 way agreement. Those onerous contracts over Ibrox way depended on it. Without that there would have been no 5.5m purchase for Sevco.

     

     

    The fat lady has sung. No need to wait until next season. Your just in denial if you are.

     

     

    HH

  11. Woke up this morning feeling really nervous about today’s game, I’m beginning to feel a bit more confident as the morning progresses but how the hell have we sunk to this. Ronny has said that he doesn’t consider this a “must win” game. It may not be “must win” technically but it is must win for me. I was one who immediately stated I was underwhelmed at the appointment but then tried to rally behind him once he was there however today is a line in the sand for me. Win or resign Ronny.

  12. ….PFayr supports WeeOscar,

     

     

    I know the rules are always different for any club with the word Rangers in its name.

     

     

    But how do you spin the fraud convictions? Maybe they don’t count because they were in some other country …

  13. bournesouprecipe on

    “Witchcraft”

     

     

    Those fingers in my hair

     

    That sly come-hither stare

     

    That strips my conscience bare

     

    It’s witchcraft

     

     

    And I’ve got no defense for it

     

    The heat is too intense for it

     

    What good would common sense for it do?

     

     

    ’cause it’s witchcraft, wicked witchcraft

     

    And although I know it’s strictly taboo

     

    When you arouse the need in me

     

    My heart says “Yes, indeed” in me

     

    “Proceed with what you’re leadin’ me to”

     

     

    It’s such an ancient pitch

     

    But one I wouldn’t switch

     

    ’cause there’s no nicer witch than you

     

     

     

    ’cause it’s witchcraft, that crazy witchcraft

     

    And although I know it’s strictly taboo

     

    When you arouse the need in me

     

    My heart says “Yes, indeed” in me

     

    “Proceed with what you’re leadin’ me to”

     

     

    It’s such an ancient pitch

     

    But one I’d never switch

     

    ’cause there’s no nicer witch than you

  14. bournesouprecipe on

    PF

     

     

    up_over picks his team and uses his own dots, not MON’s WGS’s TM’s NL’s or RD’s.

  15. Jaysus, We are 6th in the League playing a vital game today. Our morale is on the floor, a Manager that has us tearing out what little hair we have left, and all I’m reading on CQN is shite about the Huns. I don’t give a f**k what they are called, I don’t give a f**k about Ashley or King. If I wanted to read about them, I’d have logged on to the Bear’s Den. Say what you like about them but for the most part they concentrate on talking about themselves.There is a match on today, can we not also concentrate on ourselves for a couple of hours,

  16. RD’s Celtic shall never vanquished be until

     

    Any old XI on any old pitch

     

    Shall come against them

  17. Awe_naw

     

     

    A decision was made to place Sevco in the second tier in order to protect the tv deal.

     

     

    When the displeasure of supporters became apparent, this decision was changed.

     

     

    Maybe a decision has been made about how Sevco will be treated as if their history is unbroken, and as if there is no problem about them continuing to be called “Rangers”, and maybe our representatives have colluded with that.

     

     

    But when faced with Sevco in the Premier, if the reaction of Celtic supporters is as strong as that of SFL supporters back in 2012, there is surely the possibility that at least the Celtic board will have to look at the decision again, disrepute charges, or not?

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

    Hello this is WEE BGFC. Just saw the chat in the car on the way to the game. What is the squad?

     

     

    Ps no tickets yet hopefully catch some of the bhoys on the way up or in Dingwall.

     

     

    Prediction

     

     

    Ross County 1-4 Celtic

  19. Good morning Ghuys and Ghirls.

     

    I’m in Girvan and looking for a suitable venue to watch today’s game. Any ideas?

  20. blantyretim is praying for the Knox family on

    Wee bgfc

     

    sent your dad an email, oroblems with internet wi fi etc, hamilton tim has your number and will be in touch soon

  21. Gordon

     

     

    Lustig Denayer Virgil Emilio

     

     

    Biton

     

    Brown Johansen

     

    Commons

     

     

    Scepovic Guidetti

  22. Ger57, not a brill choice of pubs in Girvan particularly since Roxy closed.

     

     

    The athletic tavern on dalrymple street is a Tim shop if you want to try there.

     

     

    Hail! Hail!