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Celtic interims: great start to the weekend

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By on CQN BLOG & Comments

The impact of Champions League group participation on Celtic’s interim accounts for the six month to 31 December 2022 was significant.  Revenue increased by 44.8% to £76m.  That’s more than the entire year’s revenue for the seasons to June 2020 and June 2021.

This was achieved despite the World Cup break, which reduced the number of home games to 14 (2021: 19).  Celtic account for season ticket revenue as games are played, so more revenue will be recognised in the second part of the financial year.  Despite the remarkable increase in income, operating expenses moved little, to £48.3m (2021: £45.8m)

This means that the club are certain to break the revenue record set in season 2017-18, which reached £101m.  One big change from the previous interims is profit from player trading, down to £1.8m from a Edouard-spacular £25.8m a year earlier.  As long as Celtic trade very profitably or reach the Champions League group stage, they will be comfortably in the black.  Achieving both would be transformational for our football budget metrics.

Merchandising – yet again – edged up to £17.4m (2021: £15.3m).  Multimedia and other commercial income rose to £30.8m from £13.9m, reflecting not only Champions League football but the commercially successful Sydney tournament.  More of this kind of thing, please.

You and I have been here before.  Looking back on successful interims only feels right if we are confident of winning the league.  We are currently in that position, with the added benefit of playing for automatic Champions League qualification next term.

Well done to each of the departments behind these figures, and to the Celtic supporters who stand by their club with enormous conviction.

Great start to the weekend!

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  1. Hot Smoked on

    Gene

     

     

    Re Rugby. Thanks. I DID know it was Wales but having posted my age yesterday, I am sure you will understand :-))

     

     

    LADTH

     

     

    Supporting our team in an SFA event is better than a boycott protest? Hmm..

  3. lets all do the huddle on

    Supporting our team in an SFA event is better than a boycott protest? Hmm.

     

    —-

     

     

    not if it just so you can watch the ymlid yr wy

  4. celtic40me on

    STEPHBHOY67 on 11TH FEBRUARY 2023 9:41 AM

     

     

    Its dependent on a number of things, but we could see an increase in the cash balances between the interims and the full year accounts. It happened last year and the year before they stayed roughly equal.

     

     

    Cash is absolutely essential to a football club, particularly one like ours which has big costs associated with most of its revenues. The board has put years of smart but hard and unpopular wok into getting us into this position – our future is assured, we have years of outspending the huns ahead of us. But more importantly for all of us we have cash to invest in making sure we’re working towards progress in Europe. Every penny has to be spent with that in mind and to make us more money. Spend a pound poorly and you’re really costing Celtic two.

     

     

    European football is at a crossroads, we need to make sure we’re in with the best, the real money, the cash, the riches will follow and we can think about investing in capital projects like a new stand.

  5. Sloleybhoy on

    PRESTONPANS BHOYS on 11TH FEBRUARY 2023 10:06 AM

     

    GREENPINATA on 11TH FEBRUARY 2023 9:57 AM

     

     

    17.30hrs on a Saturday night is a terrible time on this date

     

     

     

    We are running a wee 16 seater and I know of 4 bhoys not going who are on the hts and already paid £25 for nothing!

     

     

    ________________________________________________________

     

     

     

    What bus do you travel on PP?

     

     

    I moved back to East Lothian last year, i know there used to be buses from Dunbar and Haddington but both facebook pages look to be well out of date

  7. Back to Basics - Glass Half Full on

    For info – the SFA rules on pricing and allocation entitlement.

     

     

     

     

    28. Minimum Charge for Admission

     

     

    28.1 All Home Clubs shall ensure that the minimum adult, non-concessionary admission charge for Matches in the Preliminary Round(s) (if applicable), Round One, Round Two and Round Three shall be £5.

     

     

    28.2 All Home Clubs shall ensure that the minimum adult, non-concessionary admission charge for all other Matches, excluding the Semi-Final Matches and the Final Match, shall be £8 for all.

     

     

     

     

    29. Tickets for Sale

     

     

    29.1 For any Match, excluding the Semi-Final Matches and the Final Match, to which admission is wholly or partly by ticket and/or by cash admission at the turnstiles, the Away Club shall have the right to claim admission for its supporters of up to 20% of the spectator capacity of the Registered Ground at which the Match is to be played

  9. Philbhoy on

    ANGE: ‘THERE COULD BE OFFERS THIS SUMMER,’ WARNS EX-CELT

     

    ————————————————————————————————-

     

     

    Please spare me this drivel PAUL67!

     

     

    Thank you.

  10. corkcelt on

    Posters come & go, there have been very few permanently banned and if any of those few really wanted to come back, if they made a slight change to moniker & rejoined I’m quite sure no one including the Mod would object.

     

     

    Probably one exception to that rule but as my Dear Mammy used to say, There’s always one.

  11. Prestonpans bhoys on

    SLOLEYBHOY on 11TH FEBRUARY 2023 11:33 AM

     

     

    Our pickups are the Pans, Wallyford, Musselburgh bhoys come to the Pans at the Goth and Hermiston gate.

     

     

    Don’t know if that’s any use for you.

  12. celtic40me on

    Talking of Orange Order weirdness, a district and the second largest town in Belize are both called Orange Walk. The town isn’t a big place but there are a couple of active Masonic lodges with Halls.

  13. Back to Basics - Glass Half Full on

    Usual levels of nonsense being spouted by the SMSM this week across a number of fronts.

     

     

    Stuck record time. Do yourself a favour and scroll past.

     

     

    These clowns are empowered by their employers to say and write absolutely ANYTHING.

     

     

    The only requirement is the yap has to generate revenue… via circulation, viewing figures, clicks online … all of which drive advertising – driven by OUR engagement.

     

    (Yes – the BBC are a special case apart)

     

     

    I am routinely amazed there are still Celtic fans who moan about standards, morality, integrity, fairness.

     

     

    None of the above enter the equation.

     

     

    If anyone engages, and therefore, funds these clowns you empower them to continue to write and say ANYTHING about our club.

     

     

    We are empowered.

     

     

    We exercise that power as a bloc?

     

     

    This changes right quick.

  16. Greenpinata on

    A pardon doesn’t have set conditions it is a forgetting or overlooking of any past ” offence”

     

     

    As well as posters who have been banned for eternity there are also many posters who have been hounded out by clique mentality.

  18. Greenpinata on

    BACK TO BASICS – GLASS HALF FULL on 11TH FEBRUARY 2023 11:47 AM

     

     

    How many copy and paste articles from various branches of the MSM do we see on here. ?

     

    How many paragraphs of long narrative do we see posted ( To avoid clickbate) ?

     

     

    Imo , they are all welcome, however they must be read with an open mind and challenged if someone has an alternative opinion. They must not be taken as Gospel.

     

     

    I fear we are losing the ability to challenge popular main stream opinion.

     

    HH.

  19. Philbhoy on

    CONEYBHOY on 10TH FEBRUARY 2023 6:47 PM

     

    Free the Ernie 1

     

     

    Has taken constant accusations of being a particular journalist (which he isn’t, my mate knows the journalist)

     

     

    ————————————————————————————–

     

     

    Mibbe he’s a different journalist then?

     

     

    I was one of a few who thought Ernie was more than one person. His/their depth of knowledge on just about every subject mentioned on here was encyclopaedic.

     

     

    My view is, to have gained that amount of knowledge and experience as one person, he must be at least 175 years old.

     

     

    That’ll raise the average age a bit.

     

     

    Better posters have chucked this site with less of a furore.

     

     

    If Ernie wants back on here I want to meet him at CQN corner in person.

     

     

    Oh and Ernie bring your passport, driving licence, a utility bill, proof of covid vax and your season ticket.

     

     

    O-)

  20. Hot Smoked on

    PHILBHOY on 11TH FEBRUARY 2023 12:04 PM

     

     

    Could each one of the ernie`s bring one each of your requested identifications?

  21. Terrymac on

    An Tearmann

     

    Sorry, just read back and saw your post.

     

    I was born in 38 and left Clydebank after the blitz to spend the rest of the war years with an uncle in Derryconnor, Co Donegal. The only priests I knew from that time in Clydebank were Tony Gallagher from Crown Ave (who subsequently left) and the notorious Cardinal Keith O’ Brien from the Kilbowie Road area( of whom the least said, the better!)

     

    Will be in my usual seat in Paradise today to watch my beloved Hoops in action.

     

    Hail! Hail!

     

    Terrymac

  22. celtic40me on

    GENE on 11TH FEBRUARY 2023 11:51 AM

     

     

    Yeah, but its still a strange one. I’m sure it doesnt work like that but a bunch of drunk middle aged pasty fat guys parading around in crimplene would die in that heat. Masonic halls on dusty streets didnt look right at all

     

     

    Its a pretty weird place anyway – the shop where I bought a bus ticket had a chained up monkey in a nappy taking orders from the shop keeper. When I asked him about he connection to the OO he wasnt interested, although that probably had a lot to do with my crap Spanish. I got very unwell on the long bus journey and spent three days hallucinating in an empty beach resort. The whole thing felt like a fever dream

  23. jackiemac on

    well done celtic on the auld financial front – I know nowt about it but it’s something else that we got throught the poxdemic solvent, on a sound strategic basis and found a game changing market to recruit from.

  25. Sloleybhoy on

    PRESTONPANS BHOYS on 11TH FEBRUARY 2023 11:39 AM

     

     

    Cheers. I am in Aberlady so not far for pick up

     

     

    Might use for some games between now and end of season.

  32. scullybhoy on

    An Alternate History of Celtic (Part 2): What if Willie Maley never managed Celtic?

     

    Posted on July 11, 2019

     

     

    Here is the second part of the series – An Alternate History of Celtic. It follows on from Part One: What if Brother Walfrid had never former the club?

     

     

    Celtic’s longest serving manager

     

     

    Willie Maley is one of the most important people in the history of the club. Not only did he play in the first ever Celtic team, but he was manager for an extraordinary 43 years (1897-1940). To put this into perspective, Sir Alex Ferguson has been lauded for his longevity of managing Manchester United for 27 years (something that is unrivalled in modern times).

     

     

    Maley’s reign lasted throughout the late Victorian period, the First World War, the Great Depression of the 1930s, and the start of World War Two.

     

     

    As his song goes, “Willie Maley was his name. He brought some great names to the game!” Throughout his time as manager, he introduced some legendary players to the club, such as Jimmy Quinn, Alec McNair, Jimmy McMenemy, John Thompson, Jimmy Delaney, Jimmy McGrory and Patsy Gallacher.

     

     

    In the club’s first half century, Maley was pivotal in creating an identity and philosophy of playing exciting, attacking football. He was able to achieve this by promoting young players through to the first team so that they could buy into ‘playing the Celtic way!’

     

     

    One of his most famous quotes that supporters still cite today was: “It’s not the creed nor his nationality that counts. It’s the man himself.” This helped create the ethos and culture of Celtic being a club that is open to all.

     

     

    During his 43 years in charge, Celtic won 16 league championships, 14 Scottish Cups, 14 Glasgow Cups, as well as the Empire Exhibition Trophy in 1938 (featuring the best teams from Scotland and England).

     

     

    Given the longevity of Maley’s reign as manager; the identity of playing attacking football; the club’s open to all policy; the great players that played under him; as well as the trophies that he won, it really is hard to imagine what Celtic would have been like without him. Along with Brother Walfrid and Jock Stein, he takes his rightful place on Celtic’s Mount Rushmore as being one of the most important figures in the club’s history.

     

     

    By Mark Nicholas

  33. DalriadaBhoy on

    CELTIC40ME on 11TH FEBRUARY 2023 12:22 PM

     

    GENE on 11TH FEBRUARY 2023

     

     

    Apparently the Orange Walk in Belize is because of the number of Orange Groves that used to be there.

     

     

    There are lots of freemasonic temples in Peru in particular.

     

     

    Google the old scottish pirate Lord Thomas Cochrane and Bernard O’Higgins

     

     

    It is supposed to be the case that the master and commander books and the horatio Hornblower books are based on the old Scottish pirate and freemason.

     

     

    Belize is a British Protectorate and a part of the UK’ world leading rax avoidance and evasion.

     

     

    It is where British troops go for jungle training.

     

     

    Back to work for me now, i was hopping to be sitting in the Cock Tavern tonight, never been before.

     

    Couldn’t get the time.

     

    Hoping to go later in year

     

     

    💚🖖✌🕊☮🕉

  38. GlassTwoThirdsFull on

    Impressive figures right enough. Finally back to around BR levels, before the club decided to “push forward” (ahem) with NL.

     

    There’ll be another fork-in-the-road moment at some point. Wonder which direction they will take. Hmmmmmmmm……..

  40. garygillespieshamstring on

    On the ticket pricing, I thought there had to be some negotiations with the visiting club on pricing as they get half of the gate money.

     

     

    I suspect St Mirren aren’t too bothered about how many are in the ground for the game. They’ll be happier with a poor crowd and half the take of the cash from the full price paid by those on the home ticket scheme than the take 40,000 crowd with some £15 for adults and a fiver for concessions.

     

     

    BTW I’m not sure how much a concession is for today as I am full whack on the home ticket scheme.

  42. !!Bada Bing!! on

    Gary G my mates a major sponsor at St Mirren, he said they only got 800 tickets for today,which i found quite strange…

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