Celtic long term land dividends

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As we reported yesterday, Celtic have been busy buying up land around the periphery of the stadium for many years. The club managed to get the deal to buy land behind the Jock Stein Stand done before the mineral seam running below it was discovered. I hear the excavation rights are estimated to be worth £50m to Celtic, who bought the land for £3m in January 2009 with money which had been earmarked to buy Stephen Fletcher. Hibernian thought the Fletcher deal was done but Celtic pulled out at the last minute when the land deal became available due to an emergency cash requirement at the Council, who needed to build schools to educate children arriving in the city from Eastern Europe.

Back then, when I asked why we weren’t signing Fletcher a senior source at the club told me, “We can only spend that £3m once and we need the land for burger vans and stuff.” Before kick-off, fans currently go off-premises to spend their money, cash that could be going to Celtic. Source added, “We’ll be able to buy a Fletcher every year with the catering income we’ll make from this land deal.”

Made sense at the time, makes more sense now.

That £50m is due to arrive in time to get the Co-op off our case and leave a substantial amount available to deal with what could be the first season we ever face Sevco- keeping them in their place.

Good luck to the Celtic fans based in North America ahead of the Féile on the weekend of 17-19 January. Events are based at The Plough & Stars, Philidelphia, include live music, a tour of the An Gorta Mor Memorial, a live Beyond the Waves broadcast and a Q&A with Celtic Youth Coach, Willie McNabb.

Visit ploughbhoyscsc.com for more details, including how to secure accommodation.

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  1. Cowiebhoy…….

     

     

     

    Shhhhhhhhhh…….

     

     

    They’re watching you even though you just might have heard right.

     

     

     

    ALLEDGEDLY

     

     

    ThomasHitzelspergerBrightonSC

  2. DubaiBhoy (nee LondonBhoy) on

    Impressive performance so far against a decent Europa league team. This is our level at the moment and I for one would like to see us get a run in the europa’s next year after finishing 3rd in our CL group. Think we may do well.

     

     

    Balde, Pukki and Forrest looking good. Sadly derk looks like he’d rather be in the treatment room.

  3. T4, would rather see him sign a twenty year contract, he can name his price.

     

    BhoyLo83, nice to see someone get with the program.

  4. tommytwiststommyturns on

    Great save by Zaluska after ball played in behind Izzy and the dud VVD!

     

     

    T4

  5. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    quonno

     

     

    18:53 on 9 January, 2014

     

     

    No Board is perfect……. and hindsight is a wonderful thing…..we’re moving forward fine….!!!!

  6. glendalystonsils on

    Cowiebhoy

     

     

    Anyone heard that our Head of Police in Scotland has an injunction out on the media, allegedly, ! so I was told today, was informed he enjoys visiting Brighton, allegedly,mwhatever that means :-)

     

     

    I think you misheard, it was actually BRIGTON

  7. mungolian bhoy on

    Crowd noise in Turkey indicates that the crowd on the same side as the camera is a lot more substantial than the side viewed by the camera. Could have been one or two yellows issued but none yet. Some meaty tackles going in. Pukki looking better than usual. VVD strolling through it.

     

    HH

  8. neganon2 @ 18:54 on 9 January, 2014

     

     

    I’m not going to mention St Mirren. Its my new year resolution.

     

     

    You’ve been awfy quiet since Sunday’s thrashing.

  9. Glendalystonsils…..

     

     

    Injunctions and BRIGTON?

     

     

    Nah…..that’s Sleazdale you’re thinking of.

  10. can i have raspberry on that champions league ice cream

     

     

    19:01 on 9 January, 2014

     

     

     

    Watching him now, longing for the days of Tebily or Hoiveld.

     

     

    Good goal Teemu.

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