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. Massive game for the manager today a poor result today would completely finish him in the eyes of the support,

     

     

    Commons for me is a cert to join Lenny, a manager who appreciates him and knows exactly what he can bring to the team.

  2. BIG-CUP-WINNERS on

    Kevjingle

     

     

    You still posting the same? Is there a purpose to reiterating the same, day after day? The other manic types have the some style ie repetive posts, too?

  3. Celtic Football Club ‏@celticfc 11s11 seconds ago

     

     

    Celtic team to play Ross County: Gordon; Lustig, Denayer, van Dijk, Izaguirre; McGregor, Brown, Johansen, Mulgrew; Stokes, Guidetti

  4. Here we go –

     

     

    Celtic Football Club ‏@celticfc 12s12 seconds ago

     

    Celtic team to play Ross County: Gordon; Lustig, Denayer, van Dijk, Izaguirre; McGregor, Brown, Johansen, Mulgrew; Stokes, Guidetti (MH)

  5. eddieinkirkmichael on

    Celtic team to play Ross County: Gordon; Lustig, Denayer, van Dijk, Izaguirre; McGregor, Brown, Johansen, Mulgrew; Stokes, Guidetti (MH)

  6. Gordon; Lustig, Denayer, van Dijk, Izaguirre; McGregor, Brown, Johansen, Mulgrew; Stokes, Guidetti (MH)

  7. Celtic Football Club ‏@celticfc 10s11 seconds ago

     

     

    Subs: Zaluska, Matthews, Ambrose, Bitton, Scepovic, Griffiths, Wakaso

  8. So.

     

     

    Lustig replaces Ambrose

     

    Mulgrew in for Wakaso

     

    McGregor in for Commons

     

     

    Otherwise unchanged, I think

  9. At least he has recognised that we need 3 solid in midfield and 1 winger. Should have more than enough to win today

     

     

    COYBIG

  10. weebobbycollins on

    KevJungle…they laugh and they sneer but sometimes you are not too far away from the truth…

  11. Did think we might have seen Skepovic start for Stokes but hey ho.

     

     

    The 11 that start will as always get my full support. But I do hope that Stokes is relieved of both corner and free-kick duty ;-)

  12. ….PFayr supports WeeOscar at 11:54 on 18 October, 2014

     

    Another new selection

     

     

    Runaround now

     

    ——————————–

     

     

    Are you suggesting we’d have been better sticking with the team that lost to Hamilton? I prefer to hope that we’re now going to stick with just 1 winger and a more solid midfield. Maybe today’s new selection will then remain consistent…

  13. C’mon broonie give us a goal :))

     

    Till later all

     

    wee extra wish

     

    Scepovic to come on and score today.

     

    enjoy the game all .

  14. Jobo

     

     

    Agree on stokes with free kick and corners we have other better candidates in the team

  15. Must have dreamt that, despite us not playing well so far this season and nowhere near as good as we can be we still managed to pump the runaway leaders of the Scottish 1st Division 3-0.

     

    Yip….im terrified of the 2nd placed team.