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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. garygillespieshamstring on

    My mammy couldn’t stand him and she seldom had anything bad to say about anyone.

     

     

    Although she want a luvver of Lulu either.

  8. corkcelt on

    Think Rocco is eligible to play for Ireland, Scotland, Albania or Montenegro,

     

    He was born in Scotland.

  9. Saint Stivs on

    Darren O’Dea tips Celtic kid Rocco Vata to reach ‘the top’ as he hails youngster’s mentality

     

    The 16-year-old has impressed for the Hoops’ B-team in the Lowland League this season

     

     

     

    Darren O’Dea believes Celtic kid Rocco Vata has enormous potential.

     

     

    The 16-year-old has produced some impressive performances for the Hoops B-team in the Lowland League this season.

     

     

    Coach O’Dea has worked with Vata – son of former Parkhead star Rudi – for a few seasons and he’s a huge admirer of the youngster.

     

     

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    The former Dundee defender insists the Irish youth international can reach ‘the top’ and O’Dea pinpointed his strong mentality.

     

     

     

    He said: “I’ve known Rocco for a while, naturally I’ve been with the 18s for the last two seasons so he’s someone I know really well.

     

     

    “He was in the school programme and is someone I’ve brought up with the 18s and played in a couple of games.

     

     

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    “The most impressive thing about him is probably his mentality, his attitude to the game.

     

     

    “We had a pre-season friendly this year that didn’t go particularly well but he’s someone that has a killer attitude that never stops, he has a fantastic ability to beat people and create chances.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

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    “On top of that he’s someone who has a really strong mind so he’s someone who’s very young and needs to be managed well.

     

     

    “But he’s going in the right direction, it’s a case of supporting him.

     

     

    “I’m confident to say that if he reaches his full potential which is our goal as a staff to do that, that potential could take him to the top, to be fair.”

  14. Gene on

    Big Moussa misses pen for Lyon but rebound is put in – but ref orders retake – doesn’t miss this time – not a fan of the stuttering run up.

  16. Gene on

    Missing

     

    Travis, Gerard Butler, Kevin Bridges , Martin Compston, Adrian Dunbar, Stan Collymore, Michelle McManus,

  19. David66 on

    Well done wee Rita and Hoops oops sorry Roops on the wheel walking away with 66K.

     

     

    Luvley in a Danny Dier accent, canny stand the accent.

     

     

    D :)

  21. the_huddle on

    Gene on 12th February 2022 7:41 pm

     

     

    31003

     

    If you’re looking for a past player to play in today’s team it has to be Henrik

     

    ——-

     

    They have to be playing now, though I suppose Henke could still do a turn

  24. garygillespieshamstring on

    Fairground Attraction

     

     

    It’s got to beeeeee Celtic

     

     

    Centenary favourite.

     

     

    Edi said in a TV interview that her da came in fro

     

    a game and said words to the effect that he knew now she had made it because they were singing her song in the jungle.

  25. garygillespieshamstring on

    Another missing

     

     

    Bridie Gallagher , the girl from Donegal. Although I don’t know if she ever actually wore the hoops.

     

    First person I heard singing rebel songs on stage.

  26. petec on

    the_huddle on 12th February 2022 8:41 pm,

     

     

    It wisnae a coincidence when Henrik spent a week back Training with Celtic.

     

     

    Celtic beat Aiberdeen 9-0.

     

     

    Or maybe it was. :))

     

     

    The Squad was inspired. This is the equivalent of the CWC of olde years gone by, this Conference League is achievable this Season. Lets go for it.

  27. lets all do the huddle on

    Big Moussa misses pen for Lyon but rebound is put in – but ref orders retake – doesn’t miss this time – not a fan of the stuttering run up.

     

    —

     

     

    i would immediately transfer list a player who missed a penalty by fannying about like that

     

     

    if a professional football side doesnt have 1 player on the pitch who can stride up and rattle the ball into the corner of the net well out of reach of the keeper then they need to have a look at their squad

  29. garygillespieshamstring on

    St Stivs @7.50

     

     

    Re Duke Street Prison

     

     

    There is a plaque on the old wall of the prison on High Street to mark “the smashing of the van”.

     

    It was put up to mark the 100th anniversary.

     

    The bullet marks can still be seen in the wall.

     

     

    Anyone interested, there is an excellent book called High Noon on the High Street by Stephen Coyle which tells the story very well.

     

     

    I think he also did a walking tour of republican Glasgow as part of the Glasgow open doors week.

     

    Hopefully he will do it again once the pandemic is over.

  31. timmy7_noted on

    I’ve asked this before but got limited response, any Helensburgh tims on cqn?

     

    I’m moving there soon and looking for somewhere to watch games.

     

    Thanks.

  32. An Tearmann on

    GARYGILLESPIESHAMSTRING on 12TH FEBRUARY 2022 8:55 PM

     

     

    Another missing

     

     

    Bridie Gallagher , the girl from Donegal. Although I don’t know if she ever actually wore the hoops.

     

     

    First person I heard singing rebel songs on stage.

     

     

     

    ========================

     

    Thats a name that takes me back,she was the big star when I was a kid,and a great favourite of my mams,she was from Creeslough 7 miles down the road.it was always big excitement around if she were playing.

     

    Below is her version of ‘cutting the corn in Creeslough today’s 👇

     

     

    https://youtu.be/T8jeEEgI9mY

  33. petec on

    I Hope there is a 40000+ crowd the morra in recognition of what Ange is doing. Does that kick off Time stop Our most Amazing Support frae the Emerald Isle? I don’t know but FFS they are the Inspiration.

  36. petec on

    Gene on 12th February 2022 9:44 pm

     

     

    Petec

     

     

    Kick off time is a killer – encourages TV pay per view subscriptions

     

     

    ………………………………………………………….

     

     

    On that subject, WTF – the Support is being fleeced.

     

     

    Aberdeen – Celtic

     

     

    wan of the Biggest games – Broonie against his former club etc……… Sky dinnae broadcast it.

     

     

    Puzzling Times.

  37. petec on

    I know I shouldn’t have bought the Computer stream to watch Ange’s team.

     

     

    I paid for a service way behind the betting sites and on this occasion that was in sync with the tablet I gave to my Dad to watch the Hoops.

     

     

    No More.

  40. ziggydoc1 on

    GENE on 12TH FEBRUARY 2022 8:26 PM

     

    Missing

     

     

    Travis, Gerard Butler, Kevin Bridges , Martin Compston, Adrian Dunbar, Stan Collymore, Michelle McManus,

     

    ____

     

    Sorry Perfect Gene, if I didn’t read the question. Only Travis Tim is wee Fran. Don’t really think the other boys are real footie fans, but not tic ones I think.

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