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.
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Jeez theres been a lot of pish thats played for celtic
Ht, bt’s on good drugs for his back ive been cutting him some slack for weeks now :-) bt if your still out late tomorrow night can run you home if lift required!
Cowiebhoy hope you enjoy your match tomorrow might gave been going myself at one stage but working unfortunately.
embramike supporting wee Oscar and Res 12
Well said, never met her myself either. Tony D if you can tell me why you dislike so much then do tell, have a debate. When the quiz is finished.
CowieBhoy, banned from buying badges, Roaster.
I was also at Murrayfield, it was for school kids, how did you get in?
HT
My misses is comming in with me to make sure i am alright
ThisIsTheOne
One minute mate.
before I call a TKO
Embramike
Sadly, not many on here are prepared to highlight his bullying of a woman who’s not in a position to reply. In actual fact an eminent poster re posted something he put the other day saying how it made him laugh.
Missed this :-)
Answer Q4
Roy Aitken, Gordon Strachan, Tommy Burns and Mark McGhee.
Scott Marshall
Steve McCahill
C’mon the Green Yins!
You know who they are for!
cqnbadges@gmail.com
SOAL
You’ll need her.
ah so thats Steve McCahill
FFS
HT
Put them up Put them up
Q5:
What was unusual about the Real Madrid (1980), Juventus (1981) and Ajax (1982) teams that lined up in Glasgow to face Celtic ?
3 points for the correct answer and a bonus 2 points for the first to answer correctly.
Ht watch out or like squire Danahers lackie he will put you on his list!!! Hee hee
Hamiltontim is praying for Oscar
22:03 on
I know what you mean mate, I also tweeted about this issue on twitter because I was surprised saint Phil and the blessed Angela had never blogged about it
They were all nationals of their teams.
McCahill is Andrews double
They all wore an all blue kit
Popping in – heading in ra morra with Christine n Cara – hoping to get into the Kerrydale Bar – anyone fancy a quaff afore the kick off? Think we’re leaving about 10am.
Here or Facebook or 4Ts amongst others has my number…
Ulysses McGhee Esq. (Professional Lion Tamer and Casino Chanteur)
Paolosboots
Ahs a shakin boss :-)
Every player were RC
Steve McCahill
erm, mmm, I know I had a misspelnt yoof but not even a faint bell ringing in this napper.
They were all 2-0
HT
I think what he did was wrong but not quite bullying. It was too ineffective to be that, surely.
Tony D should have used the chance to row back from his winding up position but he would not do it. Jeanette is more than capable of handling anything Tony D throws at her.
Eddieinkirkmichael
The fact that our host has allowed it to go unchecked is a disgrace in my opinion, never mind self indulgent hacks.
Off to camp out so that I get in the Kerrydale Suite:-)
White Strips
They all wore all blue strips. Ajax had wee White hoops though.
Jimbo67 supporting Oscar Knox
HT thats you in the book twice now. TonyD’s gonna get ya ….
did they all wear blue strips ?
First Saturday game in about two years. Looking forward to it. Pb if im sober when you turn up that will be a big surprise. The new pills as you have witnessed are not to be sneezed at.. or taken with alcohol if truth be told..
All wore blue strips.
Probably to wind us up!!
Huntops
SFTB
I would call it bullying because he knows that the recipient of his tirades doesn’t post to respond.
I agree that JF would eat and shit him; I’m thinking of how it affects those close to her who have read it.
Blue strips