Celtic’s £50m income advantage and overinvestment

994

I’ve seen a bit of chat on where Dave King’s promised overinvestment is, since Celtic humbled his team on Saturday. Let’s be clear, Newco are overinvesting.

Senderos, Barton, Hill, Kranjcar are all earning over £750k, Barton significantly so. They signed a further seven during the transfer window. Running costs are eye-wateringly high for a club without significant income streams from Europe, television or merchandising.

The £30m PR bluster, which the new board used while trying to unseat the Easdales, can now be seen for what it was, but this level of expenditure is pretty much as high as is practically possible without a lunatic Sugar Daddy. In fact, if we were running with similar numbers, I would screaming at you that we need to cut back for fear of insolvency.

Four years ago someone in the game suggested to me the Rangers group of clubs were fatally wounded, despite selling over 30,000 season tickets for the Third Division. The reasoning being that the brand depends on an air of success, and would crumble under sustained, unrelenting, mediocrity.

I’ve been saying for four years, most people haven’t began to realise the far reaching consequence of what happened in 2012. “Getting back” (sic.) isn’t about reaching top flight football, it’s about having the budget to be able to compete with Celtic, who could turnover around £50m more than Newco this season.

Where do you even begin to tackle a problem like that?

No Sugar Daddy will make the multi-season investment required. Insolvency remains a real danger for any club running a deficit in double-digit percentages of its turnover, without robust borrowing in place (or a genuine billionaire acting as backstop, if required).

The non-football costs of running a club at Ibrox and Murray Park (an albatross) are significant and comparable to costs at Celtic Park and Lennoxtown. This leaves income available for football comparable with Hearts, Aberdeen Hibs and Dundee United.

The real conundrum is, do you accept your place and live within your means, or risk insolvency trying to catch Celtic? I don’t think either scenario is a viable option. You can make your own mind up about the viability of the football club.

I’ve not mentioned the toilets on Saturday, which is no more than you expect, but I did expect better than the dummies (which have been shamefully exploited to represent something they were not). Could the Seville experience happen now? Nope. This should concern us all.

SevilleAD

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  1. Jesus we are victims aren’t we.

     

     

    Refuse to bow to their lies and intimidation.

     

     

    Rise and be counted.

  2. Bada Bing

     

     

    Exactly, any win is a good win

     

     

    JNP a big Hail Hail from here for Tuesday… Barca v Celtic that is :-)

     

     

    Bedtime for me, enjoy the good times fellow Celtic fans and don’t let others obfuscate (hope that’s the right word)

     

     

    Melbourne Mick hope you had a magic weekend, Tom Rogic was the best player in the park in the first half and got zero protection from Collum…… TR has very quick feet and I am glad we got him signed up,on a new contract

     

     

    Good night and God bless

  3. NEGANON2 on 12TH SEPTEMBER 2016 7:06 PM

     

    Well I guess we are simply back where we started. Scottish society frothing at the mouth over a stupid blow up doll stunt whilst of course ignoring their own racism.

     

     

     

    But I guess you guys all signed up for this. This is Scotland. This is Scottish football.

     

     

     

    Happy yet?

     

     

    Yes,as the proverbial “Pig in shit”since Saturday.Thanks for asking.

  4. WINNING CAPTAINS on 12TH SEPTEMBER 2016 9:59 PM

     

    DEAR RANGERS 1872…http://www.celticquicknews.co.uk/?p=27745

     

     

    ——

     

    Check the photo of Joseph Anthony, he’s got Celtic boots on…

  5. NEGANON2:

     

     

    Lol there are times when it’s difficult to take what you post seriously.

     

     

    This is NOT one of those times.

     

     

    Tonight is IMPOSSIBLE to take what you post seriously.

     

     

    First, how can I be an appeaser, if it’s inadvertent? At worst it would make me naive or just stupid.

     

     

    But that’s pretty far from appeasement.

     

     

    Second, who is the “they” in all this? Who am I supposed to be appeasing?

     

     

    The media? Who I flay without mercy, day in day out?

     

     

    Sevco, who tonight I said had morphed into a willfully evil institution?

     

     

    Some other great unknown They? All powerful, all-seeing, all-knowing?

     

     

    Who also supports Sevco? Lol.

     

     

    Then they’re not all-powerful otherwise there’d still be a club called Rangers.

     

     

    And they’re not really all-seeing either, if they can’t see what’s coming for them.

     

     

    All knowing, I think not. IQ’s at room temperature if you ask me.

     

     

    If you mean Level 5, let me say something on that.

     

     

    If I were Jim Traynor, or in his rather large shoes, I’d LOVE to read this blog night after night and see every single act that casts us in a bad light, or presents a negative impression of us, blamed on me and mine. I wouldn’t even have to advertise my services … I’d send links to this site to every single one of my potential customers and argue that even if I had no power … people think I do.

     

     

    And that translates into real power after a while?

     

     

    What is Varus says in Thrones? “Power resides where men believe it resides.”

     

     

    And I’m the one doing the work of the enemy? Really?

     

     

    I know enough not to do that.

     

     

    I also know that when some of our own hand these people PR gifts on a silver plate, with a wee red ribbon on it and a cherry on the top that there will be some who’ll ignore that and lacerate the media for writing news. This was news, whatever anyone says to the contrary, and especially something with an anti-Celtic slant … they weren’t going to miss this and I wasn’t to blame for it because I didn’t do this.

     

     

    We do have enemies. They’re not very powerful anymore or on the ascendant. This is more my country than it is theirs and if you think otherwise you’re entitled to that view.

     

     

    But let me tell you, fella, I’m not the one who constantly preaches the overwhelming superiority of the enemy we face, and our uselessness against it.

     

     

    You argued tonight that the Scottish – the country itself – will always hate us and always be against us, and your argument seems to be … what? Do nothing? “Start agitating” you said earlier. Agitating who? For what? To what end?

     

     

    Because I know what I’ve done as regards the country I live in, including voting Yes. I’m not entirely sure WHAT you’ve done … except to complain and pass judgement on others.

     

     

    The guys are sick reading this kind of crap on here tonight, so this’ll be my final word on it, but if you think I’m an appeaser you’re off your nut.

     

     

    If you think the world has turned to shit (and it has) you’ve got too choices. Get comfortable and make a nice wee place for yourself in it regardless or get busy with a blunt headed implement.

     

     

    I’m holding a shovel. I have been for a long time.

     

     

    I don’t even want to think about what you’ve got in your hand posting guff like you have tonight.

  6. SFTB

     

     

    Most hyperbolic? Never! I qualified it by using ‘probably’.

     

     

    You don’t actually tell us if you work in mental health and you haven’t really answered my question: Did you google it?

  7. Ask Jackson…..the Director….what’s acceptable…yea….you know him as The Lord of the Rings guy……BAD TASTE….some of you will find it unacceptable….too bad ;-))

     

     

    FTSFA

     

     

    H.H.

  8. You know when we hear them singing their sectarian songs we are told it was small minority

     

     

    I will tell you what a small minority is

     

     

    The amount of people it takes to blow up and hang 2 dolls

     

     

    I don’t expect this to catch on and reach the same minority level as their “singers” up to their knees in a whole nations blood

     

     

    De Je Vu Dolls csc

  9. TR

     

     

    They are scared of BR, Ronny was an easy target, I tried to defend Ronny but even I realise BR is a on a different level

     

     

    Definitely bedtime

     

     

    Sweet dreams fellow Celts……. Bring on the Barca !!!!!!!!!!

  10. WC,

     

     

    I DO hope and pray that you get an answer. I doubt it very much.

     

     

    I abhor the idiots who thought it was funny to hang those dolls but I am thoroughly disgusted by the statement from Govan. I hope they collapse as soon as possible. They are beyond contempt.

  11. Neg

     

     

    I agree with everything you have posted tonight. We were taught never to lie down to them growing up in Drumchapel and Knightswood. Show fear and you were dead meat.

     

    Keep on keeping on amigo.

     

    HH

  12. SFTB

     

     

    Oh and incidentally, I think you’re trying to obfuscate. With regard to information not being suppressed. Sometimes there’s information that doesn’t need to be actively made available. I would venture that this would be a case in point.

  13. I don’t think we’ll have too much of a say in whether we go ‘toe to toe’ tomorrow night or elect for the ‘have a go’ approach.

     

     

    This is one of the best club sides that there’s probably ever been. Sit back or push up won’t really be decided by us, Barca are just way too good at keeping possession. I expect us to be on the back foot most of the night but we do need to support in sufficient numbers when we get the ball forward.

  14. BT Euro show panel are predicting us to lose tomorrow. I can’t argue against that, but no one gave us a goal. I would be delighted if we scored, not once, but twice!!!

     

    I’m going to go for 4 2 tomorrow.

     

     

    HH

     

     

    Dan Q

  15. macjay1 for Neil Lennon on

    THEORIGINALSADIESBHOY on 12TH SEPTEMBER 2016 10:12 PM

     

    SFTB

     

     

     

    Oh and incidentally, I think you’re trying to obfuscate. With regard to information not being suppressed. Sometimes there’s information that doesn’t need to be actively made available. I would venture that this would be a case in point.

     

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

     

    THEORIGINALSADIESBHOY on 12TH SEPTEMBER 2016 10:12 PM

     

    SFTB

     

     

     

    Sometimes there’s information that doesn’t need to be actively made available. I would venture that this would be a case in point.

     

     

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

     

     

    Too right.

  16. Blow up Dolls,the trouble they have caused.I know what I would have done to them if I had got my hands on them !!!!!!!

     

     

    Oooohhh shut yer face missus.

  17. The No.13 Shorts on

    Don’t buy it. Don’t read it. Don’t comment on it. If it’s the BBC, complain to London. They died chasing the Lions. Life is good. Enjoy the moment.

  18. TET

     

     

    I was heavily outnumbered as a child growing up.

     

    10-1 in my street. Two of my pals dads would not allow papes in their house.

     

    I had more fights than any other kid in my street. Never lost a fight to less than 3 of them.

     

    My mammy was my boxing coach. ;)

  19. James I must confess to being rather disappointed in your response.

     

     

    You have rushed to be defensive. It betrays you. Apparently I am not to be taken seriously. I have been nothing but serious in every aspect of what I have written.

     

     

    But your dismissal of me simply because I believe you have misread the situation is, dare I say it James, Hunnish. James you asked me who you are appeasing? Well Scottish society James. And no matter what vitriol you and your site put out there, defeating institutional racism is far harder. The only people who really read your site are Celtic supporters. That’s no criticism but it’s not changing mindsets.

     

     

    If we want to change mindsets we need to face the racism and b unapologetic about it.

     

     

    You are doing the opposite.

     

     

    Imagine the old ANC or Mandla apologising for protesting? Really?

     

     

    The finally you breathlessly tell us you have acted against the cabal running Scotland by errrr voting independence.

     

     

    You are an intelligent chap. But turkeys voting for Christmas springs to mind.

     

     

    Uch I a, getting old. But at least I’m not getting daft.

     

     

    Seriously stupid stuff James” seriously.

     

     

    If you want to doff your cap then fine. But I will enjoy showing you up for what you have become.

     

     

    Goodnight.

  20. Delaney’s. As you and I know. Appease now to prevent a sore face. Expect to be stabbed tomorrow. We must fight or die. It’s really very simple.

     

     

    And all the made up media spin is designed to cow us into what the racists want in the first place.

  21. Tomorrow…. get the ball forward quickly and keep it there as long as possible. Give what will be a beleaguered defence as much of a break as possible. Who have we got capable of doing the Sammy role? Scott Sinclair maybe, or Paddy Roberts? Take the ball for a run and feed Moussa.

     

     

    HH

     

     

    Dan

  22. 5-1…..brilliant result appreciated by all on here.

     

     

    Hun Scum…nobody quite sure where the offence has been taken…is it Hun or Scum?

     

     

    Dollies….crass, probably stupid, possibly offensive…… 50:50 on that one

     

     

    Sevco Statement……gobsmacking hypocrisy….stunned of forehead….100%

     

     

    No need to fall out bhoys!

     

     

    HH

  23. What saddens me most about everything I have read since Saturday, is that not one poster/blogger/whatever has shown any concern or sympathy for the unfortunate dolls’ families ? Not even the 1872 fan group. I expected more from them at least.

  24. Paul67 etal.

     

     

    I started supporting Celtic in 1953 and luckily enough Celtic won the League Championship that year but they got a bit grim to watch until 1957,when we won the League Cup that year,Can you remember that game,then a bit of a famine for Celtic Supporters until Big Jock returned as Manager in 1965.Then the glory days began,the start of nine in a row and in 1967 the Game of the Century The European Cup,the ultimate trophy that we have ever won.

     

     

    Back to 1965 when Jock returned,I could feel it in my bones that Celtic were on the cusp of something great,I felt it in my bones,just as this year I have that same feeling that I had in 1965, when Brendan Rodgers signed on as Manager this season,I feel that we will go through this season with a clean sheet unbeaten in Scotland (Well there isn’t a Dundee United to stop us This season) and I think we can take some points off our three opponents in the Champions League,so I think I better start thinking about the last 16 games after the New Year and maybe on to the final in Wales.

  25. macjay1 for Neil Lennon on

    Ex-Rangers star Weiss wants Celtic to ‘fail’

     

     

    Former Rangers winger Vladimir Weiss has written off Celtic’s Champions League chances, admitting he wants to see the club “fail” in Europe because he “doesn’t like them”. The now Al-Gharafa player said: “Celtic are the weakest team in their group and they will find it very difficult to pick up any points. I hope they don’t. I hope Manchester City [another of his former clubs) can win both matches against them. It would be good to see that happen because, if I’m being really honest, I don’t really like them.” (The Sun)

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