Celtic are an astonishing 1/200 to win the Premiership this season; 11 games into a 38 game competition. 1/200 isn’t betting odds, it’s a borrowing strategy. The bookies are borrowing money at 0.5% for six months, an annual rate of 1%. Try borrowing at better rates than that.
Investors get a 1% tax free savings rate, which is also competitive, although they don’t get access to their money for six months without significant penalty. If borrowing rates were higher, returns offered on Celtic would improve to attract more investors. The Scottish Premiership has jumped from being a sporting event to being an investment opportunity less volatile than gold or property.
The 10 point gap between Celtic and second placed Aberdeen is the same 10 points as between Aberdeen and bottom club Ross County. We are metaphorically in a different league than even our closest challengers.
Question is, how did Celtic become the Bank of England of football? It’s not just because they are financially responsible with appropriate oversights, this helps. More importantly, they have used their financial strength to fortify the competitive product on the park. Others have been in similar situations in previous decades without the oversight, which led to enormously entertaining failure.
It might look like Brendan Rodgers has achieved alchemy over a sleeping dinosaur, but he’s only part of the story, albeit an important part. Much of the groundwork was in place when he arrived. Nine of those who started the League Cup semi-final were at the club last season, they were just not nearly as effective.
Brendan’s building on rock solid foundations. That’s what you need to build generations of domination.
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“I tell you that without the business, there would be no club – and NO team.”
Fergus McCann 1997 AGM
Big Pierre’s and EmeraldBee\o/
Swap seats?
Anyway only a wee queue at ticket office today and the wait was about ten minutes to get my Final and Killie tickets. Would have been even quicker if it hadn’t been for wan wee nyaff demanding a final ticket although he couldn’t prove what games he had attended.
Still rules are rules and Fergus will just have to hope that one of his mates cannae make it.
Hail hail
Matt
BIG PIERRE’S 2 FRONT TEETH on 8TH NOVEMBER 2016 3:45 PM
Maybe you should tell him that you’re obviously a better Celtic fan than he is because you get more excited than he does watching Celtic play.
And perhaps it’s time for a proper, dedicated, sitting section ie sitting, all the time, no standing, no jumping up, however excited you might be.
BCW
I knew you were a Killie fan
LOve
Rumour has it Joey phoned in sick today,we can only hope he gets well soon and gets back to Auchenhowie…….
The Sun are tweeting that Barton and the huns have near agreed on a termination package.
BadaB
Seems he is so stressed out he canny train :-)
HH
Auldheid
A statement at the AGM on Res 12 is essential, the board now have the information and in my opinion cannot allow this to just end, when the people who caused this with their decisions remain in post at the SFA.
Word is getting round on this to people not involved in Res 12 but who are shareholders.
Fergus sent me a letter shortly after ousting the old board, in reply to a letter I had written some weeks before congratulating him.
It was typewritten, but he did sign it!
Judging by some of the posts on here today, you would think that he was the devil incarnate, ffs!
He came to the rescue, along with others – most notably John Keane – and saved the club and put it on a sound financial footing. This was something the old board had spectacularly failed to do.
He walked away with a healthy c400% return on his initial investment, money that was NOT taken from the club. I believe most of his shares were bought by DD.
Yes he was a hard-nosed businessman who rubbed a lot of people up the wrong way, but nobody’s perfect!
Cheerio the now!
BIG-CUP-WINNERS on 8TH NOVEMBER 2016 3:52 PM
I would take it but there’s a game on at Rugby park that night that I may attend!
KTF
Good to see a wee bit more life in the Blog today.
Oh, and VFR, you are fast becoming one of our top posters!
Keep it up.
IMO, obviously!
Heard a WWE Wrestler (i know….) called Seamus was on at The Hydro last night,cue videos of Celtic Park on all the screens……….;]]
Looking for some help, Ms Hebcelt has just gone to Gran Canaria – Masapalomas Any one got tips for decent restaurants/tapas bars and a must a good steakhouse. thanks if you can help. H H Hebcelt
“I’m just a footnote in the grand scheme of things. Brother Walfrid was the visionary who started things and his is a name that should stay in people’s minds.”
Fergus McCann (2011)
TALLYBHOY on 8TH NOVEMBER 2016 4:08 PM
‘Judging by some of the posts on here today, you would think that he was the devil incarnate, ffs!’
####
I haven’t seen any of those posts.
Is it possible you’re over reacting?
http://www.scottishlegal.com/2016/11…-rangers-case/
“He saw me as no different from the groundsman or the head chef.”
Luigi Macari on Fergus McCann (2004)
Prediction for media headlines …Donald Trumped, Clinton Trumped, Trump Trumped….
The Sun’s political correspondent will however provide a thoughtful analysis along the lines of
Hillary/Donald the elephant packed her/his trunk and said goodbye to the circus
Off she/he went with a trumpety trump
Trump Trump Trump
Meanwhile the Express will be concerned with Harry’s girlfriend’s VPL
Hail Hail
Matt
Sky reporting that Joey signed off with STRESS last Friday !
I meant to post last week when Sevco ordered him to train with the youths, that was clearly designed to piss him off ? I meant to post that all he had to do to piss them off even more was to ” jump on the sick” ?
Honest, I did mean to post that last week.
Anyway, looks like he’s still the one calling the shots. Magic !
HH
Oh Joey!
ERNIE LYNCH @415 pm
In reply to your question, my answer is no!
HH!!
MATT STEWART on 8TH NOVEMBER 2016 4:20 PM
Prediction for media headlines …Donald Trumped, Clinton Trumped, Trump Trumped….
The Sun’s political correspondent will however provide a thoughtful analysis along the lines of
Hillary/Donald the elephant packed her/his trunk and said goodbye to the circus
Off she/he went with a trumpety trump
Trump Trump Trump
Meanwhile the Express will be concerned with Harry’s girlfriend’s VPL
Hail Hail
Matt
****
Donald Ducked ?
Joey playing a blinder against the huns,
Don’t get well soon, Joey.
Kranjcar’s season’s over
Joey’s on the sick
The Hill is what Clint’s over
Halliday’s a d**k
Thanks guys, age does not come alone, befuddled, stupid auld git, that I am.
BOURNESOUPRECIPE on 8TH NOVEMBER 2016 4:19 PM
“He saw me as no different from the groundsman or the head chef.”
Luigi Macari on Fergus McCann (2004)
——————————————————————-
The pitch was in good nick and the food tasty…………fayre on the park not so good.
“Joey Barton – He’ll be a disaster”
The Celtic Internet May 2016
BCW
At least Fergus gave him his full name.
Barton
Krankjar
Senderdross
Hill
Must be the guts and more of 60K a week there alone, magic so it is :-)
If Jim White turns up at Joey’s bedside tomorrow it will end me.
THETIMREAPER
:))))))))))
TTR/Lefty
You mean something like this :-)
https://www.youtube.com/watch?v=-vVSzSfw2TU
HH
Hope Joey’s ok,unlike a pass from a Sevco midfielder stress is a killer.
This article is a good read, obviously more than a game to Deniz.
glad he was found not guilty.
http://www.spiegel.de/international/world/deniz-naki-german-football-player-in-turkey-faces-jail-a-1120173.html
hearts have been awarded more injury time when they are winning games when than when losing or drawing games – unlike you know who
It’s funny because it’s true ;))
https://youtu.be/q3il9rf6lPE