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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DESPISE..not Deoiuse
Morning Timland from a hun free mountain valley.
Only popped in for a few mins, much to do and little time to do it.
Since the DG situation is still being talked about, It came to mind that Val McD could have contributed a few bob to the lass who was abused, she is after all a rabid feminist and a millionaire, given the lass hasn’t received a penny from DG who did a Barry Fergiehun and declared bankruptcy I would have thot that it would be the right thing to do.
Laters
TOM MCLAUGHLIN on 12TH FEBRUARY 2022 10:06 AM
…………
With respect TOM, YOU were NOT there when I took my Complaints to the Police…I WAS…and they DID ” wash their Hands of it”.
” Leave it to the Law Society” the COPS told me.
The Law Society of Scotland is even MORE CORRUPT than the Huns at Ipox. Ive had many other Solicitors AGREEING with me on that opinion..Trust me.
HH.
Anyone else noticed a few YouTube videos popping-up from various English football stadia featuring thousands of supporters chanting “Boris is a c**t”?
The plebs are revolting.
BIG JIMMY
When I said the police didn’t wash their hands of it I was referring to the Goodwillie case, not your case.
Sorry if I didn’t make that clear.
CELTIC MAC
It doesn’t surprise me that a QC was of the opinion that there was enough evidence to prosecute Goodwillie.
Maybe, like so many other “do not prosecute” cases, the Butcher’s Apron came into play.
Hail Hail
Stay Safe
Feels ike a slightly nore relaxed weekend than of late. Good opportunity to get our wider squad involved.
No issues with Ernies devilment. Clearly, no one is suggesting Celtic funding RRs pay off to recently released player. However, the money trail exists and the question can cause squirm. To me, its akin to suggesting vegetarians are hypocritical if they wear leather shoes!
We know politicians and football authorities can both be inconsistent, hypocritical and guilty of grand standing. Recent events have confirmed this.
tom mclaughlin
No, the decision was made by Frank Mulholland. And more specifically the decision was made on the basis that there was a lack of corroboration over her (Denise Clair) ability to consent. Which ignored the evidence which suggested otherwise.
Did anyone see Porto v Sporting last night or this morning?
Finished 2-2 but after the final whistle there was a riot on the pitch between both sets of players, subs and officials.
The referee brandished no fewer than 5 red cards during the melee.
Worst I’ve seen for many a year.
CELTIC MAC
Why are you taking me to task on this? I haven’t said anything different. You have just put more meat on the bones. I’m not disagreeing with you.
Tet.
Make sure j dinnae read the rabid feminisum bit,she’ll lay into ye mate.:-))).hope all well there k
In all seriousness tho to me,whatever way you look at justice system it is wrong,victim is again left with nothing after rape,from there on out the way,error compounds error(including here) while getting more remote from the original case(error)(and the system won’t correct it we know that for sure!)
:-)
HH
Westcraigs
….Murdoch McPherson.
“SETTING FREE THE BEARS FOR RES. 12 & OSCAR KNOX on 11TH FEBRUARY 2022 4:23 PM
HS
I remember Arbroath being in the top flight back in the 60s for 3 or 4 seasons- some player called Cargil fetured on the bubblegum cards we used to collect.”
That player1`s first name was Tom and he holds the record for games played for Arbroath. He was also a golfing pal of mine and sadly died last year.
It was actually more than two years ago Tom died.
https://www.arbroathfc.co.uk/tom-cargill/
tom mclaughlin
Well, in your response to Big Jimmy @ 10.06, you gave the impression that there had not been “corroborative evidence” to be fair. Only an impression mind Tom, not enough to put you in the dock.
That said my post at 11.30 was written before I had read your reply to me of 11.20, and I think we are somewhere of the same mind in relation to the, lets say, decision making process followed in that case.
Something not right there, then and now.
Hello again all you young rebels
How are we all ? No doubt Paul will put up another header as soon as
I post this, but que sera, or in Glesga Kay Zera.
Just been watching a great vid on utube, Donnie McMillan and the
fighting McMillan family from Toonheid in Glasgow.
7 brothers all mad Celtic supporters and proud to say , I’ve worked
played, and though I would like to have sparred with one of them
I’ll leave that to PADDYMACOZ who did, and fought the best.
Great comments from Jim Watt, Andy Wyper etc suppose you have
to be of a certain vintage to appreciate this post, I’m sure a lot of
you older ahem… bhoys will know where I’m coming from.
H H. Mick
Yeti @ last night
Thanks for putting up the interim results and the link to the original document.
Shows the difference that having crowds back makes — Euro games and the League Cup have made a big improvement to our numbers.
However the gravy is CL group matches so it will be a nail biting run to the end of the season.
All things considered — would have hoped for more than a £12mill uplift.
The impact of PPV revenues needs to be taken into account.
The SPFL seem to be running a shadow PPV operation this year.
Not sure if SKY are involved — however all the games they don’t show provides a trial run to what would happen if the SKY coverage was not renewed.
Biggest issue is that most of our PPV spend would go to the other 11 members of the SPFL. Would many of them buy our PPV product and would its availability affect our season ticket sales — tough gig to work it all out.
Very complex issue — will we ever get to the point where we pay people to turn up in person while making our big bucks from a comprehensive PPV offer?
Could bet complex.
Next up is an understanding of the £16.8mill player spend / contact extension investment — it would suggest that we paid some big money on some PL friendly purchases.
Showing an increase on the complete shambles of 20/21 — overpriced desperado signings plus throwing money away as we allowed mobile talent to stagnate / decline in a poisonous dressing room with an empty jacket for a manager and no coaching nous.
PL has a lot to answer for.
However we are making progress in his absence.
AP seems to be the driving force at the club.
Too much like a one man band — needs must.
Half the job has been done — hopefully we can kick on from here.
If the board thinks that we can generate cash from a EuL campaign then we might have issues ahead.
We are a CL team and we need to act like it.
Ukraine’s Great Famine memories fuel Kremlin resentment
Resentment of Moscow in Ukraine has deep historical roots. In the Great Famine of the 1930s, as many as four million Ukrainians died during the forced collectivisation of farms by Soviet dictator Joseph Stalin. The BBC’s Fergal Keane has been to the eastern city of Kharkiv, close to the Russian border, and met some of the last survivors of the famine.
…………………………………………………………………………………………………….
Ireland’s Past – A Prelude to Disaster
To fully understand The Great Hunger, its impact on the Irish people, and the resulting diaspora of the Irish nation, it is essential to examine both the history of Ireland and events leading up to the catastrophe. The twelfth century marked the beginning of eight hundred years of English rule and Irish resistance. Throughout the centuries, English laws were enacted to strip the Irish not only of their land, but also of their unique cultural heritage, their customs, language, laws,and religion. These unjust laws punished the Irish simply for being who they were.
To this day, all over Ireland, the landscape bears mute testimony to the events that occurred in the horrific period from 1845 – 1850. Starvation graveyards offer silent tribute to the millions of Irish men, women, and children buried in unmarked mass graves. Thriving villages were replaced by heaps of moss-covered stones. Although historians have not agreed on the numbers who perished, most estimates range between one and three million.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Scarily familiar tales
TOM MCLAUGHLIN @ 10:46
JHB
I didn’t say I hated him.
—-
No of course you didn’t – you did post a considered & constructive view earlier in the debate.
I was merely using the phraseology at the start of your post – I apologise if it was unclear.
their at it again.
que for a flood of complaints about the Portugese treatment of the incas.
https://pbs.twimg.com/media/FLMB4JdWYAQp70N?format=jpg&name=900×900
I see Elyounoussi Forster and Armstrong starting for Southampton.
this business model is unsustainable.
Celtic record interim £27.6m pre-tax profit for last six months of 2021
Anybody running a book on the Ukraine getting invaded?
My initial thoughts of VP out on manoeuvres / sabre rattling to make him look big seem — now — somewhat off the mark.
The Revenge of 91 comes to mind — action followed 31 years later by reaction.
Or the Kazakhstan episode has punched a bruise.
2041 — USA falling apart / “Russia” growing?
We unfortunately are living in interesting times.
All we need now is Iran to get frisky.
Hotsmoked
What is the chat up there if Arbroath do come up?
Would they cope with the crowds?
Is there chat of groundshare with a Dundee club?
HH
Yeti @ 12.36
The world is a bit more complex than that headline.
SIONNAIGH on 12TH FEBRUARY 2022 1:43 AM
If I’m I too late, where to now?
Navigator – The Pogues
https://www.youtube.com/watch?v=Fh0F41AvO_Q&ab_channel=worcesterjonny
SIONNAIGH on 12TH FEBRUARY 2022 1:52 AM
It’s uncharitable to let the Brits sing about their own dead.
The Pogues – The band played waltzing matilda
https://www.youtube.com/watch?v=cZqN1glz4JY&ab_channel=majorsnag
———
Two of my favourites done by the Pogues – cheers.
HH
BGFC
NORRIEM on 11TH FEBRUARY 2022 2:34 PM
Worthingbhoy
What are you hearing ?
Was the sale of the wonder sub, not enough to get through 2 or 3 months
=========
Not heard anything, just wondering if they don’t get to the CL, if they might go into administration and what the Euro consequences might be.
John
SB @ 12.23
Ukraine vs Ireland — quite a few differences / quite a few similarities.
Western Ireland was an agricultural disaster waiting to happen.
Subsistence agriculture / marginal farming based on the Klondyking of the non native potato.
It was always going to happen — just a case of how the authorities / establishment would react.
The 1841 census after the various reform acts meant that it was in England’s political interest to let hunger soften up rural Ireland and get them moving to where there was an Imperial need for extra bodies.
You could probably see it as the Highland Clearances Mk2.
Just a case that this time they left behind tombstones as well as abandoned crofts / townships.
If a political party has a considerable amount of its MPs who should be sacked for sex offences, but the putrid leader of said party refuses to investigate these offences, and Celtic supporters actually vote for such a party, with such a putrid leader, then Celtic should make a public announcement that…
“if any of Celtic’s supporters vote for said political party, then these supporters will have failed Celtic’s new fit and proper person rules to qualify for a season ticket, and that Celtic will not allow its standards to become as putrid as the leading Scottish political party, and its putrid leader, and as a club who came into being through the fallout of the political genocide that was being inflicted on the innocent Irish people in the 1840’s era, we ourselves would support a referendum on the utterly pointless, and thoroughly wasteful Scottish Parliament, before we’re all eaten alive by the rats who’ve colonised the streets of Glasgow, thanks to the can’t be arsed austerity measures from the putrid leading political party, and if any Scottish politician, from any, or all of the other putrid, useless, Scottish political parties would like to have a live TV debate with our newly appointed chairman, [Mr George Galloway esquire], then we as a club are confident that any debate would be hugely informative for the Scottish people. Having said that, we as a club will absolutely understand why no Scottish MP would take up our offer, should that be the case, and should all Scottish MP’s bottle it to face a barrage of real, searching, uncomfortable, questions, not the petted pussy questions on offer from the laughable Scottish media, then we’ll be glad to to have presented the reason why there should be no Scottish Parliament.”
Yours, The New Ass Kicking Celtic Hierarchy, led by, cage rattling Tims.
hh
I have a dream CSC
Interesting that a tory msp is responsible for the following
“It seems there was a perfect storm of a Rangers-supporting police officer, a Rangers-supporting sheriff and Crown Office prosecutors who pursued innocent men with reckless disregard for the evidence, leaving taxpayers with a bill for tens of millions of pounds and no one being held to account.”
Who’d have thunk it?
UNCLE JIMMY @ 1:05
Interesting that a tory msp is responsible for the following…Who’d have thunk it?
——
The truth is powerful thing, it is always better to be onside with it. The deafening silence from Holyrood says so much.
Scroll quickly by my old timer memories if they bore you lol.
Three days into my nightshift on the Beryl B platform construction,
still not quite got rid of the heeby jeebies from the last leave.
Get to the gym before shift, the brothers will be in there as usual
what a family, Celtic mad, but I’ll try and keep up with them 🤣
Showered and over to the rig, a long night ahead, weather predicting
once in a decade storm, 30 metre waves, feck, where do I hide lol.
Ok calm down, they say these rigs are built to withstand that kind
of weather, really ? who are they ?
Never mind, the bhoys will be gathered in the gas turbine module,
more like a aircraft hanger, but great accoustics , don’t even think
about it blowing, just get on with it, nearly single figures, and then
the countdown to two weeks of hometime.
Shift started now, seems a bit dark, wet, and wind howling through
the module, haven’t seen the scaffs , need them to access a few
areas, where the feck are they.
Then a ratatat of a pojer on cold steel..Hail ..Hail the Celts are here,
started early, up in the gods, feel better now.
Nothing like a full blown Celtic sing song at the start of your nightshift.
Just a wee homage to the McMillan family from Townhead in Glasgow
A Celtic family I’m proud to have been a friend, workmate, and confidant.
H H. Mick
Do name the unionist you are quoting uncle jimmy?
SCEPTICAL CITIZEN
What a putrid comment.
Gene , good to see three players who have played for us starting for an EPL team.
Elyounoussi took his goal against Spurs very well on Wednesday night.
Stuart scored a belter against Coventry in the FA cup last week.
It’s good to see Fraser getting a run of games for a Southampton.
Our former players doing well in other leagues always reflects well on Celtic in my opinion.
“Commie corbyns”disgusting racist refers to truth
Maybe ‘slip one in there’ like Jeremy assange
Truth eh slips in- you racists never will talk for the left
There to be played with by the unionists.slip in its historical amnesia and we will slip in to establishment and slip in to voting tory
Truth is what Skippy?
Never told by a unionist skip
It slips out all over the place
HH
Jvr
I agree just as Southampton equalise