You have only to cast your mind back 8 months, as Celtic tried to convince Ryan Christie to sign a new contract, to know the threats posed by teams in the English Championship to a Scottish club trying to retain their players.
Hard cash is required and not just for the one player you are trying to convince to re-sign, there is an entire wage structure to consider. There are a multitude of reasons Newco needed to beat Celtic on Sunday, but for their players, no issue is more important than who they sign their next contract with.
Three of their starting line-up against Celtic are going into the final year of their contract: Kent, Aribo and Jack, as is substitute Arfield, unused sub Helander and injured Morelos. A further three of the starting line-up are out of contract next month: Goldson, Balogun and McGregor, along with loanee Ramsey and unused sub Davis.
McGregor (40) and Davis (37) will almost certainly retire. Balogun (33) is likely to accept any contract. Goldson has made it clear he will leave next month, while the other six will look for improved contracts or be prepared to run the clock down on their time at Ibrox.
Champions League qualification would resolve all these problems. Instead, they face a rebuild. This is not impossible. Between Edouard, Ajer, Christie and Frimpong, Celtic raised over £40m, money which filled the cashflow gap with enough left over to buy a title winning squad.
Newco are trading at a substantial deficit, money raised from the sale of Patterson and departure of their management team will go some way towards this, but there is unlikely to be anything left over to build a squad with. They either sell at the top of the market and buy incredibly well, or downsize. Or, of course, just keep spending until an ‘event’ happens, like Oldco.
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THE BLOGGER FORMERLY KNOWN AS GM on 6TH APRIL 2022 1:15 PM
‘They are built on a triumphalist superiority complex that has no foundations.’
###
It has its foundations in Scottish history.
Hot Smoked – A preseason friendly would be great
Gene
Or a tournament featuring Port Vale, Stoke, Burton Albion and Sevco to rival ours downunder :-))
Or Crewe 🤭
Good afternoon all from Shawlands.
GLASSTWOTHIRDSFULL @ 12.19pm
We should have been doing that in 2012.
Instead our board couldn’t wait to have them back.
I was on a works call just now.
2 attendees from sydney and wangaratta.
we all joined early so i just sat quiet and listened to them without interruption.
thats some bloody big sports news right there mate.
i know, so all we need to do is get to the world cup, surely we can do that,
yip, sure we can, and we will still get to the cup games, but they will need to market it it diffenrent now, cant call it the homecoming now, if the man is away leading the socceroos ………
“leaves verbal equivalent of the trailing leg”
saint stivs ………..
“whit, whit, Ange going to the world cup, ffs ”
your joking me whit, no way,
mug so i am
https://www.youtube.com/watch?v=pvBRxgOQlfM
Paisley buddy Gerry Rafferty song “Garden of England” with speech at the end from Home Secretary William Whitelaw.
Our support has come so far since the 80’s. I always said it was the tartan army who got their act together first in Scotland, to auto-regulate fan behaviour and then we followed shortly after. In the 2000’s our support began to attract attention around the world. It is a massive support as well and every one of them is entitled to express their political opinion publicly. Because in 2022 we have to suffer Gary Lineker giving his opinion about EVERYTHING publicly…and he doesn´t even pay to get in.
Murray gets his 500m development at West Edinburgh[Gogar ]through Government inspection, I seem to remember this guy owned many companies now liquidated, owing 100s of millions of pounds to banks that had to be Nationalised to save them, and his DoS and EBT at a football club that is in liquidation, now can someone explain why he has gotten clean away with these things and is still in business?
Unless the Huns go under or FFP is introduced in Scotland, I can’t see much changing off the back of this season.
Yes – they might need to break up their current squad – but they will still be able to attract English Championship bosmans and maybe even the odd EPL player at the end of their career. Certainly, strong enough to still be our nearest league challenger – and if we screw up on a managerial appointment further down the line and/or they pull a rabbit out of a hat, then it will still be “all to play for” in seasons to come.
DESSYBHOY on 6TH APRIL 2022 2:10 PM
————
Money has no conscience and investors will always invest in something which is likely to make a return. Morality is not in the spreadsheet.
That was my argument when the Irish government argued that they could not let bondholders lose their ‘bets’ in 2008; they felt no-one would invest in Ireland again.
If there is money to be made, they will come. Iceland got it spot on
We are still paying 1-8% extra tax (based on income level) to pay for the bail outs , even though they are paid off.
the rich ‘risk takers’ turned out to be taking no risk at all and made huge profits in the downturn. All paid for and guaranteed by PAYE workers
Personally I suspect Sevco will sell almost all their season tickets for 22/23.
They’ll do their usual.
Trot out a name a la Barton, Alves, Ramsey.
And the mugs will swallow it.
Nope – on that income stream they are relatively secure.
Just so happens the rest of the cost and revenue management is a time bomb.
Confetti issued every time a bill comes in.
Merchandising income which, when diverted to it’s rightful owner, will require the sale of 2 players
Brand and sponsorship shrinkage as their spiv business model becomes more public (leading to QCs on retainer) and their fans’ behaviours are beamed worldwide.
(“No one likes us, we don’t c … aw heck”)
Transfer deficits every season.
What was it Hemingway said about how failure comes upon one?
“Gradually, then suddenly” ?
Hhmm 🤔
Coneybhoy
The development is owned by Murray estates which I believe is a Private Company, so no investors.
Looking at our own squad, what is going to happen in the close season with McCarthy? Ange clearly trusts him for the bench but not someone who fits in to the first team style.
He came in on a 4 year contract so will have 3 (expensive I assume) years left. I can’t see how it suits him in his twilight years and it stands out like a sore thumb on our expense line.
Will we look to buy him out? Will he look to go back to England now he is fit?
This year marks their sixth in the Scottish top flight. One league title to our five (counts his chickens) probably reflects the respective financial strengths of the Clubs. I don’t see that ratio changing anytime soon. Their boardroom antics suggest they won’t be a corporate model many aspire to be anytime soon.
DESSYBHOY on 6TH APRIL 2022 2:28 PM
Coneybhoy
The development is owned by Murray estates which I believe is a Private Company, so no investors.
——-
Fair enough. Same applies to debt suppliers whether a bank of capital markets bondholders, securitisations etc. He never uses his own money!!
!!BADA BING!! on 6TH APRIL 2022 12:04 PM
https://twitter.com/collectcelticfc/status/1511397055549300743?s=24&t=ayTSB6uRuSNYAvq3HkLn_g
DD and Tiger
___________________
And JP.
https://www.irishmirror.ie/sport/golf/tiger-woods-hugs-jp-mcmanus-26641506
ERNIE LYNCH on 6TH APRIL 2022 1:28 PM
THE BLOGGER FORMERLY KNOWN AS GM on 6TH APRIL 2022 1:15 PM
‘They are built on a triumphalist superiority complex that has no foundations.’
###
It has its foundations in Scottish history
==============================
Rubbish. Wee correction.
It has its foundations in Scottish Unionist History.
It’s solid British Unionism particularly from around 1912 onward.
It’s anti Irish Catholic message seeded and sown when Primrose Ure took the symbol of the union into the craft.
Rfc up to 2012 personify how to do business if your a corrupt and criminal unionist as minty.
As British as bully beef.
But interesting View on unionist Schizophrenia as per.
HH
DESSYBHOY on 6TH APRIL 2022 2:10 PM
Murray gets his 500m development at West Edinburgh[Gogar ]through Government inspection, I seem to remember this guy owned many companies now liquidated, owing 100s of millions of pounds to banks that had to be Nationalised to save them, and his DoS and EBT at a football club that is in liquidation, now can someone explain why he has gotten clean away with these things and is still in business?
Dessybhoy
I read that this morning,seem to recall a well known journalist having a few lawyers letters dropped in on him some 6 or 7 years ago when his article exposed the switcheroo tax avoider Murray pulled transferring assets to his son.Basically swathes of land all along the M8 corridor are owned by him,from Torrance right thro to South embra.This planning took 6 years,there is more in the pipe and future income looks good.
I will try dig out piece mate
Corrupt as eh!
HH
Murray was allowed to secure some £300m worth of assets from his companies to family members while the Murray Group having debts to bank of nearly £1 bn, but because they were all go under together they did do walking away.
He didnt suffer the title stripping of Goodwin for example. No investigation, no financial authority enquiries.
He went away, hid in plain sight in the edinburgh etablishment, continued to buy/sell land and properties, and will.
He is 70 now. and maybe in real terms richer than ever before. The developments he has now are on a massive scale.
Herald January 18th 2015 Dessybhoy.
HH
make yi sick.
https://www.murraycapital.co.uk/
The fall and financial rise of SDM / his family is something so special that it should be made into a Hollywood movie.
All done in plain sight.
You never could tell where MIM / TFOD1.0 / SDM’s family interests started and finished.
He worked the TFOD1.0 angle to the max.
The power of the Blue pound was used to its full extent.
You did business with TFOD — he followed up with an offer you couldn’t refuse.
Did work for TFOD — paid in hospitality dollars.
Rinse and repeat
Name of the film — Total Shyster
The Sevvies with any selling value are too old to be bought by EPL clubs. Fatty, Aribo and Kamara will be 26 by the end of the next window, Kent 25.
Only two players aged 25 or over moved from outside the top 4 leagues to EPL clubs for any sort of money last Summer – Sa from Olympiakos for £7.2m and Lees-Melou from Nice for around £4m.
They aren’t good enough for teams with champions league aspirations, too old and with not enough top league experience for mid table teams. There’s better value in terms of ability and sell-on value for teams who will be looking at a relegation battle. They are all at their best now, there’s very little improvement in any of them, 3 out of the 4 of them have played in England already, lower league players or players who don’t even make the bench at Liverpool, so its not like they’re unknown
Outside the big 4 leagues clubs only pay decent money for top talent or players with a sell-on value, neither of which could be said for the sevvie superstars. There’s much better value locally for a player who doesn’t need to be integrated into a new way of life.
And Pattersons disastrous few months at Everton will have taken a large chunk off the price off anyone being sold out of Ibrox.
The Huns and the Scottish media will ignore the hard evidence and carry on with the crazy valuations, mind you.
I wonder who Ange will bring in ? Especially if we get our hands on the CL dosh.
We will be stronger, of that I have no doubt
HH.
BACK TO BASICS – 2:25 PM
Personally I suspect Sevco will sell almost all their season tickets for 22/23.
——
I’m sure they will, if for none other than existential reasons. “The big hoose must stay open” mentality has seen full-house crowds at Ibrox for 4th tier & Petrofac Cup fixtures. This fervour ensures there will always be a Rangers of some description – the idea that a Celtic board could have ‘magiced’ them away is fanciful, verging on the delusional. The constituency that sustains the Rangers brand will not go ‘belly-up’ – £100m+ worth of ‘confetti shares’ is tangible proof of that.
We beat Sevco on Sunday ,that’s history now,Our Club needs all things Celtic Supporter’s on winning this season’s league by backing them right to the finish ,no more Sevco talk on here Hail Hail
Petrofac shares are still rock bottom.
I blame the huns for tarnishing the brand more than the SFO.
Paul67 isn’t suggesting they’re going to cease to exist. He’s suggesting unless they change the basic standardl rules of business mean they’ll go bust again.
Their inherent exceptionalism will catch up with them eventually.
The price of the Main Stand £707 ,concessions £404 for poor facilities just not on ,the board needs to spend a few million on some sort of upgrade.
AN TEARMANN on 6TH APRIL 2022 2:37 PM
The culture of Protestant supremacism and triumphalism in Scotland predates the Union.
The huns did not invent it.
I can’t believe I’m having to point that out to you. It’s like you know absolutely nothing about Scottish history.
GREENPINATA on 6TH APRIL 2022 3:24 PM
I wonder who Ange will bring in ? Especially if we get our hands on the CL dosh.
We will be stronger, of that I have no doubt
HH.
====================
Indeed Gp
Plenty of work to be getting on with.
A lot of loan deals turning in the case of ccv,Jota and Maeda.
We also have a lot out on loan to see if they can add to us in the pre season.
Let’s see how the summer lies,hopefully the Champions league will be a carrot.but with Ange it’s the team and no further than Saturday at St.johnstone.
HH
“They either sell at the top of the market and buy incredibly well, or downsize, or of course, just keep spending until an ‘event’ happens, like Oldco”
Definitely would go with the ‘keep spending’ option Paul, their fans I’m sure would be more than happy.
I agree with JHB’s assertion that a brand called R@ngers will always exist.
Genuinely believe though that this brand has been shrinking in breadth, power and appeal since Jock became Celtic manager.
(apart from a period when they were run by a mega-spiv)
As for £100m of confetti shares?
Yip. But it’s only a matter of time before that tap is turned off.
I’m reminded of the phrase Jack Hayward used to describe himself in the eyes of his son who was running Wolves?
“The Golden Tit”
Isn’t Douglas Parks’ son in and about it at Sevco?
Some startling information from Ofcom about children and social media
Some 25% of three year-olds have a profile on social media, rising incrementally through the age-range to twelve year-olds, who register at 80%.
Mind-boggling statistics pointing to the creeping loss of childhood at an incredibly young age.
BACK TO BASICS – GLASS HALF FULL 3:45 PM
—–
I’m reminded of the phrase Jack Hayward used to describe himself in the eyes of his son who was running Wolves?
“The Golden Tit”
——
Very good!!!
However there seems to have been an neverending array of teats available for the baby Newco to suckle on since birth – you’d imagine it would on solids by now.
GP
We have to splash out money on Jota and CCV if they want to sign.
Talk about Kent but CCV was with six clubs on loan before Celtic.
It’s amazing what players go for who have never kicked a ball for there clubs.
Be interesting too see the price tag on the young lad at CP Gallagher if Chelsea want to sell.
As far as I can see, The Rangers have largely relied on Bosmans in recent years
I can recalll that they paid a transfer fee for Kent – but who else have they actually “bought” over the last few seasons?