Cash windfall for Celtic fans

998

Readers of Celtic Quick News will know that our club has not been out of debt since Fergus gathered up our cash in 1994 and set about building the new stadium.  19 years later, with the mad arms race which consumed Scottish football over, we stand on the verge of coming out of debt.

The full consequences of this will not be known for years to come but the first material benefit is the £100 discount per season ticket Celtic announced today.  We’re no longer in debt, we can team-build in a measured and sustainable manner, and with Champions League money in the bank, Celtic have cut prices.

I know season ticket holders who missed out on the Barcelona, Spartak and Benfica games as, on top of everything else, they could not afford Champions League tickets.  If we get back to the group stage next season, supporters will be able to buy their season tickets and Champions League group tickets for less money than they paid for SPL tickets this season.

The return of the £50 under-13 ticket is also very welcome, along with a tiered level for older children.  With so many competing distractions, it is important that we bring as many young people into our community as possible.

Peter Lawwell’s comments underline the importance of bums on seats to everything that happens at Celtic, “The backing of our fans has, as ever, been crucial.  Domestically and in Europe they have once again been right with us and we felt it important that we rewarded their commitment by making this gesture”.

More welcome good news for the Champions.
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998 Comments

  1. Blantyretim.

     

     

    After posting my wee problems re health issues on here, I had a Telephone call from Australia from Kitalba telling me to get to the Doctors, Spoke for a while and I may have to get the doctor in. When you get a call from the other side of the world you have to act on the advice.

     

    I’m trying to write a post about my journey with CQN since I went on. It just gives me more heart to continue, Get well, and when you can crawl remember your coming through with Hamietim for a drinkfest at my place.

  2. Eddieinkirkmichael..

     

     

    Have you not been wearing your wellies?

     

     

     

    BillyconnollyCSC

  3. Ole gary cooper yas a strike rate to match our own gary hooper

     

    Film 4 Springfield rifle instead of springy vaults

  4. eddieinkirkmichael on

    blantyretim

     

    cheers for your concern. Have been not well for a couple of weeks, wife forced me to go to docs on monday, sent to hosp for x-rays yesterday and got diagnosed this morn. Lucky my wife isn’t interested in claiming on my life insurance lol

  5. eddieinkirkmichael on

    TwoMacaroons

     

     

    Funnily enough I was wearing them last week as I work in Civil Enginnering and it was pouring it down on site

  6. tomtheleedstim on

    Auldheid – actually lol’d at that.

     

    I think CW is a sociopath and is unlikely to be perturbed by anything unless it affects his bank balance or liberty.

  7. Just had a look at my renewal for the ST, not only is mine down by £100, Miss Docs is down by £81. Result, cheers Celtic, mind I’ll just spend the difference on other Celtic kit now.

  8. South Of Tunis on

    Cavani —–

     

     

    the latest speculation .[Italian style ]

     

     

    PSG have agreed to give Napoli the asking price .

     

     

    Manchester City have agreed to give Napoli the asking price ..

     

     

    Cavani wants to go to Real Madrid but Real Madrid won’t give Napoli the asking price..

     

     

    Italian media are claiming that Cavani will be earning[ wherever he goes ] @ 1 million euros a month !.

     

     

    Hard times .

  9. GlassTwoThirdsFull on

    South Of Tunis 12:49 on 24 April, 2013

     

    Cavani wants to go to Real Madrid but Real Madrid won’t give Napoli the asking price..

     

     

    Maybe time for the MSM to say he’s getting depression cos he can’t get his dream move.

  10. Dontbrattbakkinanger on

    Post major hip surgery rehab must have changed a lot recently if it now involves a ‘drinkfest’ chez Old Tim.

  11. Dontbrattbakkinanger

     

    12:52

     

     

    Yes, but think of the fun at medical conferences around the world when you present the paper, with extensive images, extolling the benefits of this revolutionary new treatment.

  12. BONKERS IDEAS from GERSNET about cutting cloth to fit… jobs cuts etc

     

     

    It will never catch on with ra peppul..

     

     

    >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

     

     

    It became evident in Charles Green’s now infamous train wreck interview with STV reporter Peter Adam Smith that Green & co had actually already started making some job cuts. They started doing so well before recent events unfolded which led to Green tendering his resignation, but they’ve been trying to cover it up by not being truthful about the departures.

     

     

    The full extent of the various club staff departures which have been job cuts/redundancies disguised as something else has yet to be revealed, but we know it had definitely started as Green was cleverly cornered and manipulated into admitting it with regards to the departures of Pip Yeates and Neil Murray in the aforementioned STV interview.

     

     

    That raises serious questions about some of the other recent staff departures and whether or not we were actually told the truth about them. It also puts some serious weight and credibility behind the rumour which emerged about Green & co wanting to axe Ally’s management team. It’s not as if we ever doubted there must be an element of truth behind that particular rumour though, is it?

     

     

    The truth of the matter if we’re brutally honest with ourselves, hard to stomach as it may be for many fans, is that job cuts and radical cost cutting is long overdue at the club. Unfortunately the concealed, cloak & dagger efforts of Green & co in recent months is too little to make a significant difference to the monthly bills.

     

     

    Having made the fundamental error of stating early doors after their takeover last summer that there wouldn’t be job cuts at the club because they wanted to keep the current staff for returning to the top flight, Green & his partners won’t have wanted to cut too many jobs at the club or they wouldn’t have been able to try to conceal it from the fans.

     

     

    They’ve pretty much failed on all counts on that front because not only do we know that job cuts and cost cutting is required in order for our club to survive 140 days never mind another 140 years, but we know that Green & co started doing it after saying they wouldn’t, then lied about it, making up fairy tales about Neil Murray’s suspension, Pip Yeates leaving to focus on his own business and who knows what else?

     

     

    Charles Green has now resigned for a catalogue of reasons and I think we really need to ask ourselves and the club if his partners Imran Ahmad & Brian Stockbridge are worth the extremely high salaries plus bonuses and expenses they’re currently taking home. These guys are supposed to be running our club well, with prudence and at least a semblance of a plan for the future and yet what we see is little more than disorganised chaos. It’s a shambles.

     

     

    You really do have to wonder what they’ve been up to behind the scenes while Charles Green’s been strutting around doing interviews, Q&As and generally just distracting everyone’s attention from the important issues facing the football club. The simple fact that Ahmad, Stockbridge & their backers were actually allowing Green to continually talk nonsense on the club’s behalf and on the club’s expense account makes me distinctly sceptical about their suitability for their own self-appointed jobs at the club.

     

     

    The current period of loss-making caused by lowered ticket prices and reduced revenue streams can only be fixed by cutting costs and to do that would primarily mean taking a machete to the wage bill via making redundancies. Personally, I think this is something which should have been done long before now, but it appears as though nobody has had the stomach to do it properly. Ahmad & Stockbridge aren’t likely to be making their own jobs redundant in a hurry, which is a shame, since a significant amount could be cut off the wage bill. The job cuts should have started long before now though. Long before now.

     

     

    Despite what the playing staff or anyone else at the club wanted in an ideal world, the fact of the matter is that when Whyte plunged Rangers into administration, the administrators, Duff & Phelps should have made a string of major job cuts in order to significantly reduce the monthly bills. Indeed, there were a fair number of Bears who thought that should have been one of their main initial priorities when they were appointed administrators and eventually discovered the extent of the loss-making. For some strange reason though, they chose not to do it.

     

     

    Instead of swiftly and decisively cutting costs the way they should have been cut, Duff & Phelps messed around for weeks while running up their own administration costs bill, then eventually chose a temporary fix (the players and management taking temporary wage cuts) which was barely even enough to see out the season last year, such was the severity of the situation.

     

     

    Take that into account whilst also considering that had Duff & Phelps immediately reduced the monthly bills properly as they should have, the old corporate vehicle would most likely have stood a better chance of being sold to a suitable buyer and saved via a CVA. That’s an outcome which wasn’t impossible had the administrators done their jobs properly. They said a CVA was possible themselves many times, but they didn’t do what was required to achieve it, which stank to high heaven at the time and still stinks to this day.

     

     

    The club’s new owners and majority shareholders who’ve gotten involved over the past 12 months or so are going to have to be honest with the club staff and the fans and start making some pretty severe job cuts at the club to bring down the monthly bills to a sustainable, break-even level. There’s no point in saying, oh but we need to keep all of these staff for our return to the top flight if there isn’t a club left to play in the top flight.

     

     

    Obviously job cuts aren’t the only way to slash the club’s monthly bills, but certain aspects of the staffing at the club do need to be addressed ASAP because if the club is to survive this testing period, then it simply cannot afford to still be paying some of the remaining staff from before the insolvency event and subsequent crash landing in Scottish football’s Third Division the same salaries as it was when we were winning the SPL and playing in Champions League group stages.

     

     

    We can pay top flight salaries when we can afford it again after returning to the top flight, but in the meantime, the club needs to cut it’s cloth and everyone from the owners, to the staff, to the fans, everyone to a man and woman needs to take this on board and get our heads around the idea of radical changes for the sake of the club and it’s future. Have you got the stomach for it?

  13. Sevco accusing someone of Fraud?

     

     

    “It is and has been a defunct non trading company over which termination proceedings began last year and which would have been struck off by the Registrar of Companies had false claims of directorships not been filed recently at Companies House.

  14. eddieinkirkmichael on

    The good thing about lying in bed with the laptop on is I can seriously go for the podium chasing. I have been fortunate recently when I logged in and managed to steal first place, the excitment of waiting for new article is actually allieveating my symtoms

  15. Dontbrattbakkinanger on

    C1st- I shall have to consult my diary.

     

     

    I may be too busy running the ‘world’s most successful football team’ to have time for mere medical matters.

     

     

    I expect I could present as a video link from Murray Park, soon to be renamed the DBBIA Village of Football Excellence.

  16. Barold Hatchback MBE‏@Sir_Bartin2m

     

    Craig Mather: the front man of the front man of the holding company of the holding company that may or may not own the non- legal entity?

  17. South Of Tunis on

    DBBIA @12 48.

     

     

    Ole Gary Cooper’s politics would provoke much flouncing on here.

  18. blantyretim,

     

    I am sure a man of your good nature has plenty visitors,but I stay in Clydebank and am off work tomorrow if you were needing anything dropped in

     

    HH

  19. leftclicktic

     

    13:02 on

     

    24 April, 2013

     

    Barold Hatchback MBE‏@Sir_Bartin2m

     

    Craig Mather: the front man of the front man of the holding company of the holding company that may or may not own the non- legal entity?

     

     

     

     

    That is absolutely brilliant.

     

     

    It’s really annoying me that the people who could ask for clarity (the ones drawing a salary for purportedly covering Scottish football in the mainstream media) refuse to do so. The only consolation is that it must be because they know they wouldn’t get an answer and that if they pushed, the answer in the end would not help them sell any papers or advertising. Quite the reverse.

  20. ArranmoreBhoyLXV11 on

    HH

     

     

    I cannot be the only person who actually feels dirty after reading any Sevco chat… Grubby & grubbier by the day…..

     

     

    I m away to wash my face…

     

     

    HH

  21. LiviBhoy

     

    12:11 on

     

    24 April, 2013

     

     

     

    Great post. I was looking as I walked to the park on Saturday at the new housing that is going up on London Rd and Springfield Rd (the latter maybe for the games initially)and thinking that they will bring to the area something that has been missing for years- people.

     

     

    Hopefully people with a chance of work and so with a wee bit to spare on leisure. That makes developing the CP environs a more attractive proposition in leisure terms, making CP the epicentre for east end social development in all its forms.

  22. Dbbia

     

    Its only an upper tibia occausomy or some other thing like a plate inserted.

     

    G64 hope to grt out tomorrow thanks for the offer. May need to sneak out for footie to ight though.

     

    Either that or sausages for tea toninght.

  23. Barold Hatchback MBE‏@Sir_Bartin5m

     

    When’s the annual Shyster Drinks From The Loving Cup ceremony due?