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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Scullybhoy @12:23pm
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Feagal Keane works for the anti-Russian BBC.
FK follows the BBC bulls**t that there was an Irish ‘famine’ nonsense and lies.
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George Galloway (@georgegalloway) Tweeted:
If there is a war there will be millions of refugees from #Ukraine heading west. They just haven’t told you that yet. #RussiaUkraine https://twitter.com/georgegalloway/status/1492288696221159428?s=20&t=oXW-yVI5x6yDsoGI-TZJnA
Toaty Trumper @ 1.37
Any chance you could repeat those statements in a form / format that the rest of the world could understand?
Frontier gibberish would be an improvement.
TOM MCLAUGHLIN on 12TH FEBRUARY 2022 1:32 PM
SCEPTICAL CITIZEN
What a putrid comment.
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Not a kult, definitely not a kult.
Oh, and its only kults who hate Ernie Lynch.
No kult member should be in possession of a Celtic season ticket.
Last word on the Goodwillie thing. What happens now if he attempts to go back to Clyde? Is he now such a pariah, although having no criminal conviction against him, & destined to be barred from employment in any form of football? Public opinion of course plays an important part, but seemingly had no impact during his five years at Clyde.
The whole situation regarding his current position is covered explicity under Criminal Disclosure Holyrood legislation passed in 2020, whereby a six-month and above criminal sentence does not need to be disclosed to an employer after two & a half years. In the words of the Justice Secretary during the passing of the bill ” to balance public safeguards with the need for offenders to rebuild their lives and support their families”. Goodwillie does not even meet the threshold as his was not a criminal conviction.
McDermid’s input was crucial and to some extent understandable; however Sturgeon’s input was crass, inexcusable and unworthy of the leader of a government – not least because it rides roughshod over her own legislation.
No one claiming Goodwillie to be a saint, however surely he must be treated fairly under the law of the land, although the public at large may have a different take.
I can make no comment on the process that delivered the civil verdict and of course I fully respect the successful plaintiff in her difficult situation.
An T @ 1:26
Quote from newspaper today, re the judge involved having been an original rangers shareholder. Conflict of interest?
Russell Findlay is the msp mentioned.
I may not agree with his politics though he’s nailed that quote
Gene , thank you for your football post earlier and reply . They were most welcome.
Very pleasing Southampton have equalised and a Scottish international is the scorer.
Mitchy
Your either in the pic or you are looking,how’s the view?:-))
It was not a post for you.i will slip your name in when I reply to you as I slipped it in above
The George galloway sychophant knows who I am talking of,it does not need “slipped in”.
How you cuddly wee blairites doing?
Still void of reality and insight.
Keep trying to learn,there is a big world outside janet&John:-)
Keep up now,and let it slip in
HH
Armstrong should have put Southampton in the lead there
“AN TEARMANN on 12TH FEBRUARY 2022 12:38 PM
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?”
No real chat about promotion but there is an an underlying excitement about the possibility.
I haven`t heard any talk of groundshare.
Uncle jimmy
Post the link,get it out there,what paper? Post the full article Jimmy,more info more light shone the better,
Since Anwar Ahmed won the first of the malicious cases there has been continual criticism of the court system.
Is this a wee case of “unionbad” here? Or was it uniondisnaeknowboutit? Or unionknuckle at play
Wonder what narrative will slip in?
It only a link and it may shed light on to tories schizophrenia to its own legal system,devised over 200 years.
HH
Time for the Rugby. Scotland are favourites ( rightly so IMO) but Wales have won the Anthem Contest by a mile .
This place is getting worse – off to see the Vale
National anthems top 3. Imo.
Wales.
Italy.
France.
Scotland and England just squeeze into the top 145.
https://celtic.vitalfootball.co.uk/what-brendan-rodgers-told-ange-about-his-time-at-celtic/
Ange presser from yesterday
https://youtu.be/IGmKrxMjHQM
HH
Aberdeen 2 Celtic 3
https://youtu.be/tWtKzPxsJU4
HH
https://bornceltic.com/2022/02/12/its-not-true-pundits-shoot-down-sevco-fans-celtic-aberdeen-moonhowling-conspiracy-theory/
Wee training
https://youtu.be/FcRJlUc5Or0
HH
Addendum.
Wife thinks the soldier song should make the top 3.
WESTCRAIGS on 12TH FEBRUARY 2022 2:19 PM
National anthems top 3. Imo.
Wales.The Welsh can sing
Italy.- dee dee dee de dee,dee dee dee dee dee
France.naaaa na nanana,na na naa
Scotland and England just squeeze into the top 145.
Not even top 200.:-)
Scotland – 10 guitars,wayhomefrompubmixfrom70s
England- Jerusalem.spike milligan nasel version
AN TEARMANN on 12TH FEBRUARY 2022 1:56 PM
Keep trying to learn,there is a big world outside janet&John:-)
Keep up now,and let it slip in
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So “slipit in in” eh?
Swamp putrid linguistics.
Only in this rat ruled and infested country, could Janet go to school and go home as John!
I wouldn’t like to hear you or the rest of the kult if Bojo was trying to “slip that in” but don’t tell the parents, malarkey. Sir Savile Starmer who probably has a cervix given his stupid pronouncements would be up for all of your kult poison, that’s another one of the many millions of reasons why they cannot be trusted.
“slip it in” yuck!
Is George stirring those feelings of rancid unionism with you.
Hahaha his words.
I do like the irony of a hun unionist attempting to define anything.take yir vomit and runalong to some wee sychophant politics Russian backed site.
You along with JHB are not here for Celtic
Doubt your even a tim
Fake tim and confused unionist and non attending non celtic brexit farter.girfuy.
What about vermin?
Is it vermin’s day off?
Everton v Leeds Utd
Everton are Leedsing Leeds
Both teams playing at 100 mph
I expect this game to last no more than 45 mins
They’ll all be too fooked to come out for the 2nd half
1-0 the Toffees
Players with long hair run faster than players with short hair. Fact
Toaty Trumper @ in joke central
Big picture analysis …
Probably best that you — ex Tech bean counter with a career in the City of London supping it large with Maggie inspired Tory bankers — confine your comments to your ongoing private dialogue with our resident crew of RCP wannabees.
I fear that one of our RCP inspired crew stole your burd / dinner money / patter at some pivotal moment in the dim and distant past.
Worst case scenario would be that you were part of the RCP crew and then the inevitable fall out happened.
No matter — the rest of us can argue in peace.
Currently praying FR stops the Hollywood stuff and just keeps it simple.
Cracking game…as was the Man Yoo/Southampton game
Anyone know any football blogs worth posting on?
We signed Graveson from Real Madrid
I think we’ll sign Tierney from Real Madrid in the future
2-0 Toffees
Oh little right wing bit of slippage there,
Its keir Starmer.
Its only ignorance not to worry.
Wonder if jhb agrees with your spitting rage at keir starter?
He found it difficult, when your right wing mask slipped and you posted of support for those harassing and impeding refugees few weeks ago.
No condemnation at all.they were fellow brexiteers embarrassing the country.
Refugees are welcome.Racism like yours is not at Celtic
Both goals scored by defenders
If this is going to be Lampards style of play, (very Postecoglu-ish) he’ll do alright
FOR THE LOVE OF CELTIC
WESTCRAIGS
Rev James Currie
Mitchy
I am here for Celtic.You should come for a game some time,have a laugh face to face,alas you won’t,thats sad.
Geeza shout if you want a ticket,might even get you a pie at half time.
You full team tomorrow?