Celtic this afternoon released their interim accounts for the six-month period to 31 December 2016, the figures are as rewarding as expected.
Income was up an incredible 94% on the corresponding period in 2015 to £61.2m (2015: £31.4m). Profit from operations reached £21.4m (2015: £1.6m), although profit on player transfers fell to £2.0, (2015: £12.6m).
Investment in player registrations for the period was £9.5m, not that much higher than 2015’s £6.1m.
To put some perspective on these figures, income for the whole of last season was £52.0m, £9m less than we earned in the first six months of this season. Results against Lincoln Red Imps, Astana and Hapoel Be’er Shiva in the summer have had a huge impact on the club.
The lack of Champions League football during the second half of the campaign will see income drop off, but these figures provide the first solid evidence that income will to £80m this season for the first time, comfortably £50m more than any other Scottish club will earn.
The figures also reflect a significant uplift in sponsorship deals, which kicked-in this season – well done to all concerned. The post-Brexit vote battering of the pound didn’t do any harm either for a club earning so many euros…….
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BIG PEAT OF ISLAY✝ on 6TH FEBRUARY 2017 11:42 PM
MACJAY1 FOR NEIL LENNON on 6TH FEBRUARY 2017 11:37 PM
It’s expected to have to witness a strong (over) reaction against liberalism but I expect it to correct itself in equilibrium.
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I`m afraid I expect it to be resolved in open conflict . Violence.
Hopefully , internally and not between nation states which , bizarrely have no borders.
Whoever Schengen is , or was , he or she has a lot to answer for.
People like to have a nation based identity.
Always have. Probably always will.
Attempting to legislate counter to human nature will always fail in the long run.
Not much point in discourse with some individuals on here. Nite fellow Tims.
Torontony, have replied to your mail.
HH
The Battered Bunnet on 6th February 2017 4:51 pm
The charge for the student ticket and other so-called concessionary ticket holders for the Rangers game is unforgivable in my humble opinion. If you are a season ticket holder at Celtic football club then you are a season ticket holder and that means your ticket entitles you to attend each home game during that season.
A student gets a discount because he or she is a student with less income than someone who is working, and so the price of their season ticket is reduced to reflect that and to encourage the same students to come to Celtic Park to support their team on a regular basis especially when they are in employment and can afford a full-priced ticket
When Celtic play Rangers, the student will still be a student, will still be a season ticket holder, will still be a Celtic supporter, will have been a student the day before and the day after, will be a season ticket holder at the next home game and the only difference in this game compared to every other game will be the identity of the opposition — namely RANGERS!
In other words, the student is being asked to pay £40 to watch Rangers – the charge has nothing to do with being a season long paying supporter of Celtic!
If a student or anyone else wants to watch Rangers, even if they want to support another team against Rangers, then they can always go to Ibrox and pay less than £40 for the privilege.
Personally, I think the Celtic board want to take a good hard look at themselves for implementing this policy and effectively forcing it on Celtic fans who are season ticket holders now and who will be the season ticket holders of the future.
As for the £6 charge for buying the ticket online, I am sorry but that is sheer profiteering.
It strikes me that Celtic PLC have devised and implemented a deliberate policy which seeks to financially punish Celtic fans who choose to seek and follow a University Education by forcing them to pay additional charges to watch Celtic play Rangers or whatever they are called now.
Given the history of the club, its original intentions and the record-breaking financials referred to in Paul’s header which clearly shows that the club is in no need of an extra £40 from any number of skint students, OAP’s or kids who want to support the club or its football team, I have to ask if I can morally continue to financially support such a money grabbing organisation?
For a lifelong Celtic fan this is a horrible position to be in but at the end of the day when someone treats you and yours unfairly and you can’t but help feel that you are being taken for a mug, then you take giant steps and yes you walk away.
There are many many good things going on at Kerrydale Street but this is a policy that is a sure loser and whoever thought of it is very stupid and short sighted indeed.
BRTH
A LIGHT INSANITY on 6TH FEBRUARY 2017 11:54 PM
Not much point in discourse with some individuals on here. Nite fellow Tims.
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Too hot in the kitchen ?
i thought last nights who was the best and worse nazis versus god thread was hard reading.
but tonight its going to be a superbowl aussie shearing mentalist.
get the pringles and dip in……..
Do Celtic players of student age get paid more for playing against Rangers than any other team in the league?
MACJAY1 FOR NEIL LENNON on 6TH FEBRUARY 2017 11:53 PM
I`m afraid I expect it to be resolved in open conflict . Violence.
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Interesting that the violence we see from the political sea-change is rooted in the left. The abortionists are despairing that they will be no longer publicly funded to tip their own children to pieces prior to their birth. The students smash and rampage through campuses because they think they have a God given right to everything their way or no way. The immigrants who recklessly invade countries by evading national security measures will burn down detention centres.
told yeese , big peat first up to the plate …………
and the next aussie bampot is …….
SAINT STIVS on 7TH FEBRUARY 2017 12:01 AM
You calling me an Internet Bampot?
Saint Stivs
Pal.
Ye canny discuss politics if ye omit the right to life, criminal justice and national security.
Back to normality – a Twist in my Sobriety.
Kieran Tierney
ABORTION is the ONLY ISSUE.
BROGAN ROGAN TREVINO AND HOGAN on 6TH FEBRUARY 2017 11:56 PM
Completely agree with the point you make.
What difference will your principled stand make ?
Apart from denying yourself the joy of attending Celtic Park with your fellow Tims ?
How about Lisbon ?
And the creeping right wing revolution continues. .
Shame,
When you sickos get fed up bashing immigrants, feminists, commies etc you can always have a go at trade unions
Zero hour contracts, no taxes for billionaires, if you can’t afford health care then just go and die, yee haw boys it’s survival of the fittest, drain the swamp of all the pinko liberals. ..Marine Le Pen will set you free.
Sick of reading the disgusting right wing garbage on here
HT, how in the event of a mass boycott could the SNP claim this as a change in the behaviour of fans? Non attendance is not a change in behaviour………………..unless you happen to be a hun. Non attendance next season will be the norm for them.
I agree with MWD, a full on boycott of away games would cause other clubs to complain and raise the profile of the act. Groups like the Celtic Trust have the mental capacity and the vocal platform to put the rationale for a boycott out there in a coherent manner to the wider public.
Alas, I can never foresee the day the Celtic support unite so strongly against anything, even the OBAF act.
And, therein will be our failure to make a change. This will continue and we will do nothing to effect change, when change is within our gift with unity of the support.
HH Ya turnip………………………..:_)
SAINT STIVS on 6TH FEBRUARY 2017 11:57 PM
i thought last nights who was the best and worse nazis versus god thread was hard reading.
but tonight its going to be a superbowl aussie shearing mentalist.
get the pringles and dip in……..
==============================================================
Nice touch of racial stereotyping there.
YEAH OK
WORD is giving us All the chance to do as much as possible.
Here we Go to?
But wait .There`s more.
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SAINT STIVS on 7TH FEBRUARY 2017 12:01 AM
told yeese , big peat first up to the plate …………
and the next aussie bampot is …….
petec on 7th February 2017 12:05 am ABORTION is the ONLY ISSUE.
………………………………
Not for me it’s not. In fact its not even an issue Pete.
is “the aussies” a race now.
hahahahahhaahhaha
enjoy your breakfast.
keep going,
MWD,
I don’t know if you read my post of last night, but it was the one which TET endorsed.
You have expanded on my rationale,I.e., focus the attention of club chairmen and treasurers on the drop in income should Celtic supporters stop visiting their grounds.
It wouldn’t be long before serious lobbying and hand shaking occurred .
Shouting defiance at PS officers at grounds home or away only encourages them, because, as it stands, they have the law on their side : and until it is changed, young people are being radicalised and picking up a criminal record.
Our children need protection, not used in the front line of a campaign.
a bhoycott (not the orginal term) of any ground , at anytime , would be a hugely influential tactic.
just do it once.
WHAT IS THE STARS on 7TH FEBRUARY 2017 12:07 AM
And the creeping right wing revolution continues. .
Shame,
When you sickos get fed up bashing immigrants, feminists, commies etc you can always have a go at trade unions
Zero hour contracts, no taxes for billionaires, if you can’t afford health care then just go and die, yee haw boys it’s survival of the fittest, drain the swamp of all the pinko liberals. ..Marine Le Pen will set you free.
Sick of reading the disgusting right wing garbage on here
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The right don’t do revolutions, only the left.
Immigrants I don’t have a problem with. The lawful ones.
Feminists are women who have forgotten that they are women.
Commies. Aye well, that turned out well didn’t it?
The rant about economics is one of confusing apples and oranges. Traditional cultural values aka Conservatism, doesn’t respect any of that either. But what it does respect is self-help, the family as the natural place for caring (not the state) and enforceable contracts.
spot on Aussies Peat.
the right dont do revolutions.
they just direct the put down.
thumbs up.
bring back the thumbs up right wing guy
Petec
Hail Hail !!
Wherever you are…
macjay1 for Neil Lennon on 7th February 2017 12:06 am
BROGAN ROGAN TREVINO AND HOGAN on 6TH FEBRUARY 2017 11:56 PM
Completely agree with the point you make.
What difference will your principled stand make ?
Apart from denying yourself the joy of attending Celtic Park with your fellow Tims ?
How about Lisbon ?
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Macjay
I have taken a stance against policies of the club before and indeed threw back season tickets in the nicest and politest possible way many years ago and didn’t return for a few years while following Celtic in every other way.
When things changed, I went back. Simples.
In this, as in any other instance, I suspect that whatever course of action I take it will make no difference at all to those who run Celtic Football Club but it will make a difference to the guy who stares back in the mirror each morning and it is he who counts.
It is not the £40 which bothers me but the rationale behind the charge which gets on my wick.
Big Pete of Islay, Stop noising up my caddy ya cock.
Big Peat
The right don’t do revolutions, only the left. (oh really ? Pinochet ? Franco ?)
Immigrants I don’t have a problem with. The lawful ones. ( you of course mean the white english speakers,where is it you live again…the country of your birth ?)
Feminists are women who have forgotten that they are women. ( schoolboy silly comment)
Commies. Aye well, that turned out well didn’t it? ( They havent gone away you know)
The rant about economics is one of confusing apples and oranges. Traditional cultural values aka Conservatism, doesn’t respect any of that either. But what it does respect is self-help, the family as the natural place for caring (not the state) and enforceable contracts. ( Traditional cultural values ? like using 6 year olds as workers in factories and mills….until brave men and women formed unions and forced governments to outlaw such barbaric practices….but we dont want government interference in the market place now do we)
Now Big Peat please dont talk to me again
But I will counteract your right wing clap trap at every available opportunity
Summa
“Surely You get it that it’s just a New Online http://www.com of the old Chinese Whispers or similar to Urban Myths.. ”
No- I do feel there is something different going on.
There have always been sweetie wives spreading rumours and exaggerating observations, usuallu in the forum of celebrity gossip.
But when the same source “invents” facts and situations from out of the air, with pointed political intent (Remember! It was a Democrat-run paedophile ring that was alleged) then we have something more akin to Goebells than to Hedda Hopper or Mrs. Twitchy-curtain.
The difference between that and the I assume Dynblane and Thomas Hamilton, was in the existence of several core facts before the speculation starts.
Thomas Hamilton was the shooter.
Thomas Hamilton had ben investigated re Scout paedophile tendencies.
The Police had signed off on his shooting license
The Cullen enquiry sealed off reports for 100 years/
All of that is factual and highly suspicious facts they are.
The link that it was done because of a masonic conspiracy is, and sadly will remain, a speculation, waiting to be proved, for a further 80 years unless someone breaks ranks.
The Washington Pizzagate story had no such core facts. The allegation that Hilary Clinton’s Campaign Vhairman ran a paedophile ring from the basement of a shop that did not have a basement was so obviously an invented wish story guaranteed to appeal to those who needed little in the way of nudging to believe that all Democrats were godless devil-worshippers and decidedly un-American.
And it worked.
Yet another lone nutter- unbrainwashed by any CIA or establishment contact- went to visit violence on this shop and whoever he found within- even though that wholly fictional story was smokeless and fire-less. He could have acted like Anders Breitvik or Dylan Roof if not thwarted. All on the basis of some delusional pro-Trumpette who wanted to believe this is so.
And here we have again the same source, admittedly without the political smearing this time, though it would surely have emerged from her poison pen, given time, on the basis of no research whatsoever.
These are both attempts to hurl a lie half way round the world and why we should be grateful for people willing to fact check and put inconvenient truths in the way of the rush to judgement.
We suffer from it here, in the smaller arena of CQN, where we were tempted with an outrageous story about Ibrox stealing water supplies from a nearby Catholic church. That too was wish-fulfillment thinking that masquerades as a plausible hypothesis.
So, why I am quite prepared to believe there is something highly suspicious about Dunblane, though not yet sure what that suspicious thing is factually, I can competely differentiate that from a story invented out of anorexic thin air. And when the same source does it again, I am more comfortable in seeing it as habitual wolf-crying, Goebells type propaganda and evil-minded gossip and slander that distracts from real crimes in the area of paedophilia, where we have been negligent.
So Celtic’s financial success is because we are run by a bunch of Tories.
Europe will be the equalizer
and Trump is Putin America first.
Time will tell
Its hard to believe how some thieving neds in the Scottish schemes 40 years ago developed Celtic supporters multifarious politics. Methinks they doth protest too much.
WITS
Now Big Peat please dont talk to me again
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You really mean it? Thanks :-)
A Ceiler Gonof Rust on 7th February 2017 12:10 am
petec on 7th February 2017 12:05 am ABORTION is the ONLY ISSUE.
………………………………
Not for me it’s not. In fact its not even an issue Pete.
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I'm Delighted about Ryan Scoring in Aiberdeen.
You Sir Michael, you obviously, you are scathing of your own Wife.
FFS – That does my head in – I know it is a term of…..
The Man is the STRONGEST for a reason.
And Donald Trump is being what?
It would be a mistake to look at any boycotts of away grounds from our support – that would simply play into the hands of those targeting the Celtic support.
There is a review of the ticket allocation in the offing and this could potentially be related.
The agenda is, some would say, to silence our support. The OBAF Act hasn’t been successful and other means are being thought through. That could mean putting pressure on Celtic and an easier life would be achieved by giving the boycott tickets to less vocal supporters.
The songs are sung in defiance and I am sure have become more prevalent as as consequence of a stupid, narrow minded piece of legislation.
HT is right.
BRTH
I couldnt agree with you more.
Now you are a principled fellow what in your opinion is the reason for it?
In my opinion its greed.
Summa
An explanation of pizzagate
The Pizzagate timeline
WITS
you cannot deliberate with “faith”, however on facts (not alternative facts) i will support you every time.
My God how can anyone on here doubt you.? :) look at your Delia rants from last season :)
BROGAN ROGAN TREVINO AND HOGAN on 7TH FEBRUARY 2017 12:22 AM
I think the point you make is perfectly valid and understandable.
I absolutely agree with it.
You make a stand when principles are at stake.
I would wonder , however , if the Board have looked at this issue in detail and approved the pricing policy , or whether some underling simply rubber stamped the decision.
I simply don`t know.
The Board should be made aware of your legitimate concerns.
Or perhaps JPT is your first port of call.