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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kikinthenakas
16:46 on 17 October, 2014
You going to meet up with pogmathonyahun
Keep the Faith!
Hail Hail!
the battered bunnet
16:16
I’m one of the ‘opt outs’.
I donate directly to the foundation.
Perhaps I am not the only one.
cv
Hi kikinthenakas, Great to hear from you, delighted you are going so well at the Golf after your operation. Enjoy Dortmund, Mick & myself have flights booked for the Salzburg game, so I might see you before that one. Big week in the corkcelt household as Miss corkcelt getting married next Thursday. Regards and best wishes.
OOOOOOPS
naps will be on the “FA Prem goes international below Uefa radar” post
fleagle1888
15:11 on 17 October, 2014
Lads,
an early shout for your CQN Naps for Saturday 18th October to be posted on this article… previous results for Weeks 6-8 are already updated (see above).
http://www.celticquicknews.co.uk/?p=16225#comments
leftclicktic
16:52 on 17 October, 2014
Just can’t get the Staff these days…:)!
Keep the Faith!
Hail Hail!
Lennybhoy
He coming here as I am going there…but we have been in contact. I got the tickets sorted and looking forward to the 4/5 days away with my bhoy.
Corkcelt
Hope you all have a ball at the wedding and I look forward to seeing you and mick again at the Salzburg game. A few beers might be in order!
Kikinthenakas
Till later all
Bit of a moot point.
All those Celtic ‘fans’ saying they have had ènough, never going back ,things have never been so bad, etc. where were you in the macari/Brady/Kelly/ muggleton years? Or were you not Tims then? Now that was grim.
Under the hun heel.
estorilbhoy-never missed a game home or away in the dark days of the huns tainted titles, we were on our uppers then, but today’s mess was avoidable IMO.HH
Our natural position, at the back of the bus, how sad.
“…the execs should feel the pain of failure in the pocket…” Pain? PAIN? What pain?…One doesn’t feel pain when one is laughing all the way to the bank…
Sleekit Sally may well become a Rangers(no apologies) managerial
legend……ffs Celtic wake up.
The buy in hope policy the last couple of seasons, coupled with the loan on hope this season, with a manager who was actually targeted as an assistant manager.
Selling our best players at the drop of a hat!
With the poor performances, tinkering in formations and player positioning…these things tend to lead to a disgruntled support…if anyone cares to add on please do…
That’s the most negative post I’ve made and I hope to eat my words. Here’s hoping.HH
McGinn 8/1 first goal v Hamilton. …….
Bada bing
Nail on head
Bsr that reminds me it should be two up front tomorrow
Celtic v Ranges/Sevco……time to man up, who’s going?
sipsini
17:26 on
17 October, 2014
allowing sammi to walk for no fee, i thought pedro was the great asset manager
allowing a succesfull manager to walk.
hounding the green brigade
not paying a living wage
Ranges= Sevco….sorry.
Nye, I have no hesitation in saying I would go. I support Celtic and no amount of Orange hordes no matter who they are supporting would stop me from watching them, if I wanted to.
Nye
No need to apologise.
The Sleekit one is already a Rangers managerial legend.
Y’know, the one who blew a 15 point lead, before they entered administration, and failed to come out of it, leading to their liquidation.
Early days in Sevco’s history, so still time for him to become a managerial legend with 2 clubs.
Hail Hail.
• setting free the bears for Res. 12 & Oscar Knox but saying no to CQN racists
11:23 on 17 October, 2014
Before we get all misty eyed about the splendours of the pre-plc past of Celtic FC,maybe we should remind ourselves of what we tolerated back then.
So the question remains, why boycott now when we stayed loyal then? Why boycott a club which has to sell players who are desperate to leave or past-it players they cannot afford to pay in their declining years when we remained loyal to a club that tried to sell McGrory, punted Wallace, Hughes, Johnstone, Murdoch & Hay and others against their wishes, and who did not pay enough to keep Dalglish or Macari etc?
*You were doing good until this part….the club didnae try tae sell Jimmy McGrory it was the “Great Wullie Maley”.
The even greater Big Jock sold Wispy and Yoigi before their time…..he also sold Davie Hay as a result of Davie refusing to sign a new contract due to the absurdity of the then Celtic policy of paying all first team pool players bonuses even when NOT playing unless they were not fit play even though not being fit could be as a result of receiving an injury while playing for the club….the board….yes board and NOT bored agreed to Davies demands and the policy was changed across the club…..allegedly Jock took umbrage to this and Davie was on his way to the pensioners
Jinkys career with Celtic was up, in fact he hardly played for the club in 1975 and he was released along with the Buzz Bomb…..Lemon was actually recalled by Celtic as he still had something to offer…….Bobby Murdoch who due to injury and health concerns and the signing of Stevie Murray was given a free by Jock as a reward for his services to the club……this entitled him to a bigger signing on fee on lieu of a transfer fee…….Kenny also was let go by Jock for refusing to take part in a far east tour at the end of a trying season….he was never put on the list and a phone call from Jock to Bob Paisley ensured he was off to Liverpool for a pittance.
As for Skip To Ma Lou…he was tapped by Tommy Docherty…when he requested a transfer Jock sent him down to his friend Shanks…so convinced were the Liverpool media that he was signing for the Reds that a headline “Liverpool Lou” was prepared….when Bill announced that he wasn’t coming he also stated that he (Lou) knew where he wanted to go…..after the way he left us he should never have been allowed to darken the Celtic Park door again.
Nye-ditto Corkcelt, but I can understand if bhoys don’t go HH
*** Warning ***
I was simply scrolling down page 5 and I suddenly got redirected to a page which said my Flash was out of date. Without any action from me a file called “setup.exe” was downloaded.
I ran my virus scanner on it and it turned out to be a HIGH threat trojan.
If it happens to you, don’t run the Setup.exe
ginger-i would give Guidetti & Griffiths a run through the middle for a few games.
saint stivs,
It all makes sad reading and was not only unavoidable but condoned in some cases.
Thank feck it’s Friday and I can have a good drink and sleep it off. HH
Supersutton
Thanks for the warning.
The financial results should mirror our fortunes on the pitch. A serious reduction in quality over the past few years will result in a reduction in results, interest and attendances.
fred colon
15:22 on 17 October, 2014
Tom McLaughlin
Not sure about big Kev from Edinburgh … I’ll find out though
Philbhoy
I’ve never been invited to a CQN hootenanny ( boo hoo ) … hence the need for the hootenanthony LOL
Lennybhoy
U up for the hootenanthony ? I could pick u up .
~~~~~~~~~~++~~~~~~~~~~
Mail me at
bmcuwp@gmail.com
and I’ll give you details of any future ones.
Including those I won’t be attending myself…
Well done to the aye bhoys…….never run away fae the
hun,CONFRONT AND DEFEAT
SS-cheers
Good article Paul 67
PL should indeed forfeit his bonus this year. Let him try struggling by on his basic £520K.
That’ll larn him.
It seems to me that the policy has been to be prudent during the absence of the Hun, win the Titles and with a bit of luck earn a few bob in Europe and be ready to invest and compete when they return. I can actually see merit in that approach but even allowing for prudence, we should never have descended into the chaos that we are presently witnessing. In my opinion the fight back has to start to-morrow, absolutely nothing less than a win will do for me, a loss or a draw and I join the Ronny out camp.
SuperSutton
Get a Mac and don’t look back.
HH
we can win tomorrow by playing 2 strikers.
any combo, date care what it is , but play 2.
maybe start with sepovic, and guidetti.
just bloody go for it/
Nye
Liquidation. . . The ultimate defeat.
I’d say there’s still time for us to make the attendance or not decision, at least 8 months.
Might not even be an issue till 2016.
But for some it’ll be a much bigger decision than whether to go to a game against Sevco.
Corckcelt,
We should be expecting to go to Dingwall and be confident of winning, that’s how far we have slid.
Even when filling in the predictor, I paused at our games, think that’s when it sunk in how far back we’ve went:(((
bobby murdoch’s curled-up winklepickers
17:48 on 17 October, 2014
fred colon been in touch, will forward you his e-mail addy, he’s another ML5 Bhoy.
Keep the Faith!
Hail Hail!