Champions League income needed for Champions League budget

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I suspect we have not seen the best of Daryl Murphy, who has proven to be a solid Championship and fleeting Premier League player in England but has been unable to retain a place in the SPL, but his hamstring injury, suffered after the long flight to Pennsylvania, will be a blow on two levels for Celtic.  They are denied a squad player for the crucial Champions League play-off round against Helsingborgs and are likely to unable to loan him out, easing more pressure from payroll.

Daryl was singled out for credit (here) for the way he changed the shape of Celtic in our opening league game of the season against Aberdeen.  He would have been useful to Neil Lennon this coming week.

News that Helsingborgs have lost their top striker is welcome but is not quite ‘like signing a new player’ for Celtic.  Let’s hope they haven’t lost their Kenny Miller only to find their Jordan Rhodes.

There can seldom have been more financially important games to the club than the Helsingborgs tie.  Celtic accounts are usually released mid-August (16th last year) but I don’t anticipate any rush to publish this year.  Last season’s accounts could well see the largest loss in our history as the club chased their first league win in four years (insert standard lecture on financial responsibility program, avoid urge to run legacy Sir David Murray malware).

I expect the figures to show Celtic are operating with a Champions League budget (and that’s without evading tax).  Football finance lessons are clear, if you have a Champions League budget you need Champions League income.  Time for this team to step up to the challenge.  Get along and pack the place out on the 29th.

No regrets this time.

Bed early tonight if you are off to Dingwall in the morning. I hope we see a few of the young lads.

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1,182 Comments

  1. LENNYBHOY

     

     

    A Very HOOPY BIRTHDAY to you pal, yes me and the family are very well thanks. are you gon to the game the day?

  2. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    LENNYBHOY

     

     

    HAPPY HAWAII DAY!!!!!!!!!!!!!

     

     

    Mine next year-just gonna pretend it never happened. Pull the curtains and drag the duvet over my head…..

  3. Lisbon Lions Upper on

    “….stop insulating Celtic fans intelligence…”

     

     

    Sydney Tim, I mean no offence, I know it’s just a typo, but it’s one of the funniest things I’ve read for ages!

     

     

    Or – are you Charlie Nicholas??? Would explain a lot!

  4. Happy Birthday LennyBhoy

     

    A true gent and a pleasure to know and be able to call a friend.

     

    HAIL HAIL

  5. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    LENNYBHOY 0909

     

     

    Cheers,bud-damned decent of you,especially put that way!

     

     

    My Mum is trying her damnedest to drag me home for it,as are the rest of the family,but I’m not for budging. Not even in the face of the ultimate threat from her-she says she’ll come down for a visit and ruin my last vestige of cred.

     

     

    My mates back home are desperate for me to be back for it too.

     

     

    They’ve even booked a band specially for the occasion.

     

     

    But since I come from Kilwinning and my birthday is 11 July,I don’t think I’ll bother,haha!

     

     

    Have a belter,mate.

  6. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    sydneytim ..05:45 on …18 August, 2012

     

     

    Don’t know what to make of you at times … You seem to enjoy being negative and slagging fellow fans …??

  7. BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS 09:21:

     

     

    You cut that fine…11th July…lol…:)

     

     

    My Mum’s Brother was to marry on 12th July. Despite being well aware of the significance of the date it didn’t dawn on him. However, he woke up in time and he married on the 11th July.

     

     

    Always listen to your Mother mate, they’re always right. My own Mum is still with us, still treating me like a wean but hey, she’s allowed, makes her feel good. Street cred when your Mother calls forget it mate.

     

     

    Life’s too short. You will have your own ideas how you want to celebrate. You will have time to do a things mate. If you don’t get up the road much, get yourself home to see your family and enjoy the band your mates have organised. I will have all of my family apart from one of my Sister’s and her family.

     

     

    I will also not have the pleasure of my Dad, Jim who left us on 18/10/1999 but he is with me in spirit and we will all raise a glass to him at our family gathering today.

     

     

    Keep the Faith!

     

     

    Hail Hail!

  8. Morning,

     

     

    I see fat sally has decided to use another pre-match press conference to come out with more snyde and bitter comments about the rest of Scottish football.

     

     

    Remember when we discussed on here how that mob might come back to the SPL without the baggage. Looks like thanks ti sally and Green they will come back a hundred times worse.

     

     

     

    Fat Sally would not recognise dignity if it came up and boot him in the chucks.

  9. snydetim showing us all how to support your club.

     

     

    He makes Craig Burley look intelligent…

  10. Lennybhoy

     

    Just looked you share a birthday with Marc Burchill:)) Monster Munch :((( and my eldest daughter :))))))).

     

    Off OOOOOT to get her cake.

     

    PS

     

    2 nil the HOOPS

  11. Paul67

     

     

    I fear that your post smack’s of expectation management and the PL inspired collapse of the club’s financial position continues apace.

     

     

    One question looms large – will PL get a bonus for a set of financials that have only been saved by the Ion sponsored EuL campaign.

     

     

    A couple of seasons ago I speculated that we were working to a base budget of £50mill, sometimes this worked other times it didn’t.

     

     

    Poor Finacial management specifically some wage levels and a lack of asset management were in the main the reasons that we couldn’t meet our targets but with some WGS inspired CL action we muddled through in the face of some CEO inspired financial train wrecks.

     

     

    The problem we have now is that we are not now a £50mill base club we are now a £40mill and falling base club. If we don’t get CL group stage action then it will be carnage on the player selling front and carnage on the financials.

     

     

    We are in this position because of PL and his inability to grow a club, a stadium or a brand.

     

    He has many strengths and we have benefitted from them over the past two years in areas off the pitch but he is not the answer to the poor financial position we now find ourselves in.

     

     

    The CG’s are a huge platform to build upon and we are throwing it all away and relying on some grass and trees in the last 6 months to hide the cracks.

     

     

    Our training ground should move back to the East End.

     

    We should build an indoor training area next to the ground.

     

    There is huge potential if we build a reserve / youth team ground close by.

     

     

    This is the opportunity cost of PL’s failure to support the squad and missing out on three years CL money.

     

     

    When is CQN going to ask these questions?

     

    After PL moves on?

  12. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    MAD MITCH 0944

     

     

    Strangely,I worked that one out a bit faster than I do with the acronyms you usually use….

     

     

    LOL

  13. ArranmoreBhoyLXV11 on

    BMCUW.09.33

     

     

    Classic commentary, thanks for that. I’m always taken aback by the language too,on Irish radio/tv..

     

     

    Phoneins on 2FM, Highland Radio will frequently be amusing and sprinkled casually with the odd “fecker” words..

     

     

    You d not find that on Snyde-nor morning mass or the Angelus at 17.59pm..

     

     

    HH

  14. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    LENNYBHOY 0936,0939

     

     

    I didnae cut it fine-my Dad checked his watch,started pulling,and got me out with ten minutes to spare!

     

     

    There are a fair few Sweeneys in town-mainly Tims,of course. Mind,names don’t count for much in that neck of the woods-one of my friends goes by the name of Francis Brennan.

     

     

    Unbelievably,he’s a big Rangers fan……..

  15. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    madmitch … 09:42 on …18 August, 2012

     

     

    Thank God you’re not my accountant ………

  16. Hoopy birthday to Lennybhoy!

     

     

    Hail Hail to all travelling to Dingwall today, give the bhoys a roar for me.