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Celtic defeat will hollow out Newco squad

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By on CQN BLOG & Comments

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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  7. An Tearmann on

    Chancellors wife has non dom status

     

     

    It symbolises have before have not.

     

     

    https://www.scotsman.com/news/politics/akshata-murthy-calls-for-rishi-sunak-to-explain-wifes-non-dom-tax-status-3643917

     

     

    Rich before poor.

     

     

    https://www.independent.co.uk/news/uk/politics/rishi-sunak-akshata-murthy-non-dom-wife-tax-b2052251.html

     

     

    Britain is broke,the capitalist system is broke.

     

    meanwhile poverty,thats viral,but there is a sect of people getting richer.

     

     

    HH

  9. David17 on

    I fully expect Ange and Cal will be keeping the boys feet fully on the ground this week. There is much work to be done. We face a stubborn Saints and Andrew Dallas at the weekend.

  10. pauloantony on

    Can someone enlighten me here

     

     

    The Rangers 2012 over the last 10 years have swapped in excess of £110 Million of losses to shares.

     

     

    Their losses this season even without the

     

    Sports Direct damages.

     

    Possible damages from the cancelled Oz trip.

     

    Plus any other litigation over the Cinch debacle.

     

    Will be colossal.

     

     

    So when does Financial Fair Play kick in ?

     

     

    With no bank credit line all these debts are due to shareholders therefore I assume they cannot go into administration.

     

     

    £40m of Champions League cash would have helped but not solved the long term issued.

     

     

    Can they keep issuing shares with no sanctions?

  11. TheLurkinTim on

    Pauloantony…this is from memory

     

     

    They were incredibly close to breaching UEFA FFP rules over a 5 year period? with their equity confetti….then covid lockdowns struck and the rules were changed to help accommodate/mitigate club losses to earnings over this period. Happy to be corrected/educated

  12. Celtic Mac on

    scullybhoy @ 9.41

     

     

    Wouldn’t take the Falklands War too lightly, it was started after all by a brutal Argentinian military dictatorship after all. The ship you referred to in your link, the HMS Antrim, a destroyer built at UCS in Glasgow was assigned to protect the Canberra, a Troop Carrier, though some may be familiar with it as a school student carrier from before that sailing from Scotland. The Antrim, in May 1982, was lucky not to go the way of the Sheffield, bombed by a fighter bomber, two hit it and did not explode, and attacked by two Mirage fighters simultaneously, injuring many on board. I got a first hand account from my cousin who was serving in the Navy during the war. Very lucky not to end up in Davy Jones locker.

  13. TheLurkinTim on

    Sister has just been in touch…following some bloods taken yesterday morning…my mum has been called into hospital. If collective positive thinking works, I would ask you to consider helping

     

     

    Thanks in advance

  15. TheLurkinTim on

    Thanks Iniquitousiv…she took a turn on Sunday…all talk was about angina ( paramedics at the time, doctors on Monday)…but to me it didn’t fit all symptoms…I suspect she had a mild heart attack

  16. Kelvinbhoy on

    SETTING FREE THE BEARS FOR RES. 12 & OSCAR KNOX on 6TH APRIL 2022 6:11 PM

     

     

    One in three Sevco Supporters are as stupid as the other two.

     

    —-‐———–‐————–

     

    Sitting by the pool in Orlando, just back from a tour of Tampa Bay Buccaneers stadium. Nothing like Celtic Park or the old red ash pitches in Burnhill playing for The Vogue but impressive none the less.

     

    SFTB’s comment above had me spraying my Bud Light all over the place and sums up the Sevco mentality in a super way.

  18. TheLurkinTim on

    Kelvinbhoy…you sure you didn’t spray because you realised you were drinking bud light ;-))

     

     

    H.H.

  19. Kelvinbhoy on

    THELURKINTIM on 7TH APRIL 2022 12:21 AM

     

     

    Prayers for your mum, hope things pick up. Bud Light best of a bad lot over here

  20. bigrailroadblues on

    Good morning all from Govanhill. The Lurking Tim, best wishes to your Mum A.

  21. David66 on

    Good morning all from a dry but chilly Garngad

     

     

    TLT – Thoughts and prayers with your mum at this hard time.

     

     

    FREEBIGJIMMYCSC

     

     

    D :)

  24. TheLurkinTim on

    Thanks lads…just got an up-date

     

     

    Traponiin reading is at 900 and suggests heart attack. She needs treatment and monitoring, Blood pressure high and all over the place

     

    167/137 then 194/80. She’s beien taken up to CCU – coronary care.

     

     

    So just now she’s where she needs to be

     

     

    H.H.

  26. Hrvatski Jim on

    TLT

     

    Best wishes for a full recovery for your mum to her, you and your family.

  29. scullybhoy on

    TheLurkinTim on 7th April 2022 12:21 am

     

     

    Sister has just been in touch…following some bloods taken yesterday morning…my mum has been called into hospital. If collective positive thinking works, I would ask you to consider helping

     

    Thanks in advance

     

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

     

     

    Best wishes to your Mum.

     

     

    HH

  30. Taurangabhoy on

    THELURKINTIM Hope yer mum gets better soon. Take care.

     

     

    AN TEARMANN the sun newspaper can even report that tongue in cheek and in the end nobody cares. Astonishing really. Chancellors wife avoids tax. Vote for the union and maybe one day you can be a Tory. Maybe.

  33. corkcelt on

    Best Wishes to your Mum TLT,

     

    Will say a wee prayer that she makes a full recovery.

  36. Greenpinata on

    Woohoo.

     

     

    “We’re top of the league, looking down on the ” Rangers” and the only explanation I can find. It’s the form we have found since Ange has been around.

     

    And it’s put us at the top of the league “😆😆🤩

     

     

    We never stop.

  37. ernie lynch on

    TAURANGABHOY on 7TH APRIL 2022 9:17 AM

     

     

    ‘Vote for the union and maybe one day you can be a Tory’

     

     

     

    ###

     

     

    Cretinous comment.

  38. Back to Basics - Glass Half Full on

    What happens at dysfunctional clubs …

     

     

    Factions among directors & major shareholders

     

     

    Populist appointments to appease fans

     

     

    Team wears blue strips?

     

    (Okay, I’ve taken that too far ! )

     

     

    https://www.bbc.co.uk/sport/football/59403645

     

     

    Be careful what you wish for !!!

  40. bigrailroadblues on

    Going to Johnstone today with Leggy to celebrate the 130th anniversary of Celtic’s first Scottish Cup win. Hope to see old friends and meet new friends. I’ll go anywhere for a beer. 🍺😂

  41. fourstonecoppi on

    Same old Same old Same old hurtin’ huns.

     

    After the Sundays game………..Celts warning, they will lose manager to the EPL, will lose players to EPL.

     

    Suddenly they’re all fortune tellers DUH!

  42. bognorbhoy on

    Celtic By numbers …

     

     

    Joe Hart led the team with 33 completed passes! I believe this is a first.

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