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

    SSB DIDN’t update the score before closing their comedy show…..hahahahahahaha

  2. DubaiBhoy (nee LondonBhoy) on

    I would love to see balde’s shots on goal vs goal vs minutes played stats…… Anybody?

  3. No got a working TV never mind watching the game, but enjoying it on here folks cheers..

     

     

    HH

  4. corkcelt- SUPPORTING THE DAM 5 on

    Corkman comes on for the Celtic. Birthday present for corkcelt. Do us proud kid.

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

    fassreifen

     

     

    19:53 on 9 January, 2014

     

     

    Zaluska actually played really well in his last game also….

  6. Good work doc any lurkin epl agents/managers will have been well and truely duped

     

     

    ;-)

  7. 67heaven … i am neil lennon, supporting wee oscar..!!.. ibrox belongs to the creditors

     

     

    19:59 on 9 January, 2014

     

    fassreifen19:53 on 9 January, 2014

     

    Zaluska actually played really well in his last game also….

     

    ———————————————

     

    The big Pole rarely lets us down.. imo

     

     

    HH

  8. Lenny will come out with something like he knew the big man had it and was just waiting for the right time to let him run riot and how it’s saved us millions in this transfer window ie no striker coming HH

  9. eddieinkirkmichael on

    Been impressed with Dirk’s ability to stay on the pitch while contributing nothing. One of the best performances in this role I think I’ve ever witnessed.

  10. cliftonville celt from belfast praying for Oscar the wee legend on

    Happy birthday Corky

     

     

    Match not on sky BT package ggrrrrrrrrrr raging

     

     

    Thanks for the updates lads

  11. tommytwiststommyturns on

    Eddie – watch how he gets closer to defenders when we’re attacking!!

     

     

    T4

  12. Opposition hit the side net.

     

    Did I hear the commentator say they are still in UEFA cup?

     

    If that’s the standard I would certainly have fancied us to win it!

  13. garygillespieshamstring on

    I think Derk put on Bilbo Baggins’ ring after about 20 minutes. I haven’t seen him for an hour.

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