Trending
Celtic News Now
Celtic Quick News on News Now
Celtic Quick News
You are at:»»Celtic scintillate. The Red Sea flows by Govan

Celtic scintillate. The Red Sea flows by Govan

358
By on CQN BLOG & Comments

Part of me would like to believe that Celtic destroyed Ferencvaros with a multi-cultural display of slick football as a consequence of the hostile reception they received for an expression of support for racial equality before kick-off.    But that’s not true.  The home supporters deserved no more than to see their team bettered and beaten, Celtic would have been as fabulous no matter.

An early goal followed by an early concession gave the expectation that anything could happen.  Liel Abada’s returned to the first team after a few weeks rest did him the power of good, he snatched onto a poor defensive touch, squaring for Kyogo.  What followed took me back 20 years….. it’s been that long since we’ve had someone with such composure.

Joe Hart could do nothing about the deflected equaliser but when he smothered a shot midway through the first half, he sprung to his feet to release a break.  David Turnbull got the faintest of touches for what would prove to be another assist as the ball found its way to Joto on the left.  The Portuguese drew four defenders before firing a shot that clipped one on its way into the net off a post.

Celtic were on fire now and spurned several chances to stretch their lead, the best when Kyogo controlled an inch-perfect Turnbull pass before dinking the goalkeeper, only to be denied by a goal line clearance.  When the third came, it was another poster moment for great football.  Turnbull won the ball for McGregor to find Kyogo, who played a pass into the box, between defenders.  Abada did not break his stride as he found the corner of the goal.

A late consolation brought Ferencvaros within striking distance of Celtic but the visitors managed the game to the final whistle without concern.  The Europa League knockout rounds are still a possibility but it will almost certainly be the Conference League, which Celtic are now assured of.

Newco accounts for the year to 30 June 2021 are out.  I’ll do a more in-depth look later, a few headlines:

Comprehensive loss for the year was £26.024m, elsewhere you will mainly see the lower operating loss figure quoted, not that £24.153m is low.

For Financial Fair Play purposes, Uefa permit this loss to be adjusted due to the unique circumstances we have lived through.  A quick ready reckoner of this:

While other revenue streams and costs remain consistent with the previous campaigns, gate receipts are down £17.46m (no fans spending money at games) and operating costs are down £8.8m (no fans to serve or steward at games).  Subtract the former from the latter and Uefa will forgive £8.6m of the comprehensive loss, reducing the Financial Fair Play loss to £17.42m or thereabouts.

Football has returned to largely normal operations this year, so that £17.42m figure is a good proxy for Newco’s forward comprehensive loss.  For a business that has never earned more than £59m in its history, the lambeg drums must be ringing the alarm!  There’s so much red ink at Ibrox you’d mistake the Clyde for the Red Sea.

Click Here for Comments >
Share.

About Author

358 Comments
  1. Pages:
  3. 1
  4. 2
  5. 3
  6. 4
  7. 5
  8. 6
  9. 7
  10. 8
  11. 9
  12. 10

  1. Big Georges Fan Club - Hail, Hail, Wee Oscar on

    And I / we agree – big Bitton was marvellous – passing between the FV lines was absolutely, fekin brilliant.

     

     

    Imagine playing a midfield player in the midfield – whodathunkit?

     

     

    Playing Bitton at centre back is akin to Jimmy Forrest in goals. Holding midfieder is his position.

     

     

    HH

     

    BGFC

  2. bognorbhoy on

    St Mirren chairman John Needham has been charged by the Scottish FA over tweets he made about Rangers.

     

     

    Needham faces a hearing on 2 December on counts of “discriminatory or offensive” comments, bringing the game into disrepute and improper behaviour.

     

     

    He apologised on Twitter after “inappropriate” historical posts, including derogatory references to Rangers fans, came to light last month.

     

     

    At least one of the tweets came after he joined St Mirren’s board last year.

     

     

    Following an investigation, the Scottish FA has now issued him with a notice of complaint.

     

     

    Needham, a banker for over 40 years, took over as chairman in the summer when the club came under fan ownership.

  3. Por Cierto on

    FAIRHILL BHOY

     

     

    Aye, the pain is hard, but, the memories will just get better and better, keep on keeping on my friend, por cierto.

  5. Philbhoy on

    BIG GEORGES

     

     

    I can live with 3 big ghuys out of four.

     

     

    John Clark wasn’t the tallest, but Gemmell, Craig and McNeill were………….quite tall.

  9. Philbhoy on

    Anyway, time to take my 6′ 2″ frame to bed.

     

     

    It’s been a good night.

     

     

    My feet, by the way, don’t hang out the bottom of the bed.

     

     

    King size bed.

     

     

    Ye canny beat it.

     

     

    Nite all!

  10. Turkeybhoy on

    Philbhoy,

     

     

    Yep I agree.Big ones like Ajer are much better.?????????

     

    Ange looking at the new Danny De Vito !!!!!!!

  12. Philbhoy on

    Right, away te ma beed!

     

     

    I’ve got so much lazin’ aboot te day the morra I need tae get some sleep!

     

     

    God bless all!

  13. Philbhoy on

    THE EXILED TIM

     

     

    I know you posted some positive news during the week.

     

     

    Hope things are progressing in the right direction.

     

     

    Always in my prayers.

     

     

    The two of ye!

     

     

    God bless.

  14. Nick on

    FAIRHILL BHOY

     

    5TH NOVEMBER 2021 8:28 PM

     

    It’s a year to the day that my dad passed. I keep thinking that all the fireworks going off are a celebration of his life😉

     

     

    ======

     

     

    Take good care of yourself, your Dad is always with you, you are never alone.

  15. Sionnaigh on

    Celtic’s pace and movement is a delight to watch but it comes at a cost. With a more defensive minded Bitton and McGregor in midfield we stand a relative chance against more skillful opponents than Hungarian racist filth.

     

    Enough about Europe.

     

    One is more than enough. It’s about time we displaced our Newco debt ridden rivals before they add to tax payers woes for a second time. Der Huns pervesed cult orientated pursuit of WATP has no moral compass let alone Christianity.

  41. An Dún on

    While other revenue streams and costs remain consistent with the previous campaigns, gate receipts are down £17.46m (no fans spending money at games) and operating costs are down £8.8m (no fans to serve or steward at games). Subtract the former from the latter and Uefa will forgive £8.6m of the comprehensive loss, reducing the Financial Fair Play loss to £17.42m or thereabouts.

     

     

    —-

     

     

    My amateur understanding is that the huns are now clearly in breach of the break even rule.

     

     

    UEFA’s control body will be recommending the withholding of some future prize money and a break even plan will be put to Sevco.

     

     

    They’ll get a license for next season but they’re now in the cross hairs of UEFA and will need to adhere to the break even plans or punishments will be escalated until they’re eventually banned.

     

     

    The days of reckless spending at Ibrox are approaching an end, one way or another.

  1. Pages:
  3. 1
  4. 2
  5. 3
  6. 4
  7. 5
  8. 6
  9. 7
  10. 8
  11. 9
  12. 10