Celtic’s revenue for the interim six months to 31 December 2013 fell 11% to £44.8m (2012: £50.1m), while operational expenses also fell, by 7%, to £34.3m. The club had £5.7m cash in the bank, £5.6m more than a year earlier.
A few factors behind the figures:
We played fewer home games, 16 as opposed to 19 the previous season, and although you may pay your season ticket up front, the club only recognises the income when games are played (cash at bank is recognised as soon as your payment lands).
Profit was up to an incredible £21.3m, from £14.9m), largely as a consequence of the sale of Victor Wanyama, Gary Hooper and Kelvin Wilson last summer. Without wanting to go into the who ‘A word’ (it’s not 2004), money coming in from player sales goes straight to profit whereas money going out on player purchases hits profit gradually over the period of the player’s contract.
Investment in players was almost identical to the previous year, £5.0m from a 2012 figure of £4.7m.
Financially these are great figures but there are potential weaknesses lurking. The club are absolutely dependent on reaching the Champions League group stages more seasons than not. This brings significant revenue – and supports whatever player valuations the club will be able to achieve should they sell. It also acts as the most effective tool to attract talent to Scottish football.
Finishing fourth in the Champions League, not second, is the most significant factor in the interim drop, but it will have a more significant impact on the second part of the season, which will be without a knock out stage round.
Celtic are still repointing the club away from the arms face they fought with a lemming club but they have delivered the key on-field objectives, which in itself takes care of the finances.
If you would like to read the new CQN Magazine, GO HERE to read properly, and for FREE, the graphic below is just a taster.
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HT, have you seen the plans to extend the main stand?
Hehehe
John
Would like your recommendations- oh I have seen Battleship Potemkin!
Cheers mate
Jimbo67 supporting Oscar Knox
8k
32
10k
10k
6000
25,000
17,000
17,000
hamiltontim is praying for oscar
19:25 on 7 February, 2014
Tony D
I get that you have an intense dislike of the Celtic Trust, that’s your perogative.
However, as one Celtic supporter to another, I would ask that from now on you desist from making personal posts about Jeanette Findlay.
Yours in Celtic.
____________________________
You can ask yes, when she stops getting personal with my Club, and My board, and PL, then I won’t get personal with her deal?
What is the huns end end called now?
Doc
I was including the polis cells in the Huns end :-)
SFTB, I know, I know. The arguments are valid. You display an admirable patience in making them to some of our more strident posters but one can only hope that Celtic have carefully planned everything out for next summer.
8000
26000
13000
13000
Ht in the old days there was more than you getting those sums:-) hope you’re well and catch you tomorrow night if you’re out.
300000north
just under 8000 for maim
so that means the other 2 hold about 11000 each
john o’neil
21:07 on 7 February, 2014
…………..
I’m probably not making myself clear, I mean the regeneration of the area surrounding CP was the prize, rfc and owner Minty were desperate for Iborcs to be chosen, I think it’s worth it but qualifying is always a worry but this time around we will be better prepared.
Thanks for your reply and I’m Offski for a few snifters of a very nice Rioja ✊
12
18
15
15
HT, underestimating there then!
a)8000
b) 27000
c) 13000
d)13000
john o’neil
21:18 on 7 February, 2014
If anybody does have a link to an official explanation, which explains what we are going to gain from hosting the official ceremony, could they post it?
******
I would imagine civic responsibility, of which Celtic always respect, would be a reason enough.
As Hampden is being used as the main stadium, where else could reasonably be expected to hold, what is usually a spectacular display in the city? Firhill?
prestonpans bhoys dam justice for the 5
21:34 on
That’s a cracker lol
hamiltontim is praying for oscar
19:25 on 7 February, 2014
Tony D
I get that you have an intense dislike of the Celtic Trust, that’s your perogative.
However, as one Celtic supporter to another, I would ask that from now on you desist from making personal posts about Jeanette Findlay.
Yours in Celtic.
____________________________
You can ask yes, when she stops getting personal with my Club, and My board, and PL, then I won’t get personal with her deal?
———–
I think your reply says it all.
hamiltontim is praying for oscar
I hope the kids are better at counting :-)
hamiltontim is praying for oscar
21:30 on 7 February, 2014
You’ll need to make it the Louden, I’m barred from the Bristol…:)
Keep the Faith!
Hail Hail!
9500
14000
14000
23000
Chick is absolutely embarrassing – like a wee boy on Christmas Day.
Paolosboots/FGF/Lennybhoy
I’ll see you 3 wumman the morra :-)
SOAL
You having a go at Q2 ? 30 SECONDS…….
Answer Q2:
a) Main/South Stand – 7,850
b) North Stand – 26,970
c) Jock Stein Stand – 13,006
d) Lisbon Lions Stand – 13,006.
BIG-CUP-WINNERS
21:42 on 7 February, 2014
Dont give SOAL 30 seconds that means your using your clock
Give some of us remote DNS caching Tims a chance FFS
Q3 True or false Celtic:
a) Once defeated China by 6-1 ?
b) During season 1988/89 had keepers capped by Ireland, the 6 Counties and Scotland in their squad.
c) C) Danny McGrain broke the law during a European cup match by having a beard.
3 points for each correct answer.
Having a mare tonight. Oh well
doc is neil lennon
21:34 on 7 February, 2014
E-mail reply?
Yes, me and my Bros-in-Law coming, home from Perth W.A.
Keep the Faith!
Hail Hail!
T
T
F
a. true
b. true
c. false
False
True
True
all true
spandau ballet csc
tonyd
You cannot get personal with a club.
Do they teach the students nuttin’ at the University of Brazen Heid? :-)
Had a laugh with oldtim earlier re cqn10.
He was writing cqn names for the name badges. .
Our friend minx1888 will now be known as hillman minx…
Daftie….
a True
bTrue
c True
Bcw interesting stats when working the turnstiles in the 80’s the answer would have been open ended:-)
See you tomorrow ht
True
True
True