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Celtic spectacular interims

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By on CQN BLOG & Comments

Celtic’s revenue bounced back from the year without fans in the six months to 31 December 2021.  Income was up almost 30% to £52.9m, only £8m below the full year earnings to 30 June 2021.  The club reported a £7m trading profit before intangibles in the interims, released this evening.  But wait for it……… Add in the profit from player sales of £25.9m and you get a pre-tax profit £27.6m (intangibles, like amortisation are deducted before the pre-tax position)!

Player acquisitions during the period totalled £16.8m, which will push our running annual amortisation charge up a tad from it’s trend of £13m.

Cash in the bank on 30 June was £25.6m, which goes some way to explaining the splurge of signings we have enjoyed in the intervening period.

Manage your assets

The first take away for me is the contrast between our £25.8m earned in player sales to the £1.0m earned in the corresponding period a year earlier.  We kept Edouard, Ajer and Co. in order to chase another milestone.  Player trading is where it’s at.  Sure, it is risky, do not expect the kind of value and performance we have seen in the last two windows forever, but we trade or we fail.  I remember the good old days on here, when managing your assets was a controversial aim.

Win the league

The second observation is that this was a season with Europa League football.  Imagine, for a second, we got to the Champions League next season.  The possibilities are really quite interesting!

 

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  2. An Tearmann on

    GARYGILLESPIESHAMSTRING on 12TH FEBRUARY 2022 10:09 PM

     

    AT : Great video.

     

     

    https://m.youtube.com/watch?v=UqFjhQep0UI

     

     

    This was the first one I remember her singing live in Glasgow.

     

     

    Great song,just shows you can get the message of the song thro,and she had one of those lilting voices that always captured the melancholy my ma thought of when thinking of home.

     

     

    I put on Homes of Donegal as her “mothers loves a blessing used to make me greet as wean 😊

     

     

    https://youtu.be/adMtrWLNoUI

     

     

    Paul brady does a top version too ☝

     

     

    HH

  7. petec on

    The Huddle,

     

     

    its fair to say I wasn’t in Saffrons bed last night but she is Legend.

     

     

    She’s Always in my head as I wrote off my first car because of an American Tourist!!!!!

  22. An Tearmann on

    Irish tap and Dance

     

     

    Riverdance,when it filled the “break slot on the Eurovision song contest recalibrated Irish dance and projected it forward in a modern way

     

    Below is a wee example of some of the music played

     

    https://youtu.be/givlwY9d9UQ

     

     

    HH

  29. petec on

    the_huddle on 12th February 2022 11:05 pm

     

     

    Hope you’re keeping well Pete

     

     

    The Specials – A Message To You Rudy

     

     

    https://youtu.be/cntvEDbagAw

     

     

    ………………………………………………………………………………………

     

     

    A Message to Everyone.

     

     

    Drink Water like its going out of Fashion.

     

     

    Our kids are being encouraged to drink drinks (a lot worse than Alcohol) check the labels.

     

     

    Their Kev Drinkwater was a Roaster.

  30. petec on

    It happens so much.

     

     

    Anyway, the huddles link played within the same browser, AT your and so many others dinnae play. I need to copy the link and put it in a new tab.

     

     

    Paul67?

  33. petec on

    Efter a pandemic, a serious probing was Always gonnae happen.

     

     

    We, the West, must have the weakest Leaders ever….. Not exactly unsurprising whits happening.

     

     

    Who knows whats gonnae happen now?

  34. quadrophenian on

    PETEC on 12TH FEBRUARY 2022 11:29 PM

     

    A Mascherano type player would be the wan that could augment this Celtic Team.

     

     

    ——-

     

     

    And a Maraschino type player would be the cherry on top of what Ange is cooking up, Petec ;))

  37. Melbourne Mick on

    Hello again all you young rebels.

     

     

    Game day again, we’ll ! early morning rise for us Aussie bhoys.

     

    Home made Lorne sausage and crusty roll all ready for a 3 am morning

     

    kick off,problem is I’m eyeing it up and slavering already 😋

     

    Sorry about that rambling post the other day about the fighting McMillans

     

    the seven brothers all Celtic mad, I’d spent most of the day in blistering

     

    heat trying to get football parks lined for upcoming games.

     

    I think I was getting a bit melancholy about my working life and ghuys I

     

    miss, a skin full of Guinness didn’t help lol.

     

    So for those interested there is a utube vid of the brothers and some

     

    great comments.

     

    H H. Mick

  38. Melbourne Mick on

    Reading back now and came across the post about Bridie Gallagher.

     

    Remember being told years ago that a Forfar bridie got its name from

     

    a girl who made them and sold them at a outdoor market there.

     

    Her name being Bridie Gallagher, I take it that it’s not the same ghirl

     

    as the singer.

     

    Lovely singer though, but even better bridies 🤪

     

    H H. Mick

  40. Gene on

    Good morning from an overcast and rain threatened North Staffs.

     

     

    The Huddle – spot on about arguments being the life blood of the blog. Pity it’s the political ones that really fire it up. Football posts, apart from match days, seem to wither on the vine.

     

    Just wish some of the language used and name calling could be tempered.

     

     

    Time to get up and get ready for Mass ( other church services are available)

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