A Dermot Desmond interview! Remember him? It’s been a while since we’ve seen or heard from our major shareholder, so I am pleased STV got hold of him. His absence for so many years is not in itself an offence, but there has been no evidence he remains engaged with the club, and that’s not healthy.
His comments on Ronny Deila I agree with. Ronny is here because we think he can improve players and therefore improve the team. The evidence cited by Dermot Desmond (Nir Bitton, Tom Rogic), suggests he’s able to do this. There have been downsides of course. Ronny’s twice fallen in the Champions League to lesser-resourced (although decent) teams.
If we’re going to build a team we need to be patient enough to let the guy get on with the job.
The comments about a British league within 10 years are worth examining at a later date, but for brevity: this is no more than blue-sky thinking.
I agree in principle that technological changes are underway which will undermine the BSkyB business model. This model relies on the pull of English Premier League football to deliver high-value subscription rates from a huge portion of the UK population.
We talked in the summer about the switch to what the Americans call ‘cutting the cord’; moving away from expensive subscription TV to watching feeds streamed from foreign broadcasters, effectively free of charge. This is happening and its impact will only increase.
I know lots of CQNers are already consuming their English football in this manner, it works and it’s practically undetectable (i.e. it really is undetectable). But it’s not easy yet. You need to know what you are doing, and you need decent broadband. Products are improving all the time, as is broadband provision. Soon paying £100 per month for TV, as many do, will be a goodwill option.
Should there be even a modest shift in BSkyB’s ability to generate huge revenue from EPL football, the fallout in the English football bubble (it is a bubble) will be swift and structurally damaging.
Getting to the point. English football has a business model with risks which could bring it down. Technological changes are underway which undermine this model. Lots will happen in the next 10 years.
Let me share one of my favourite graphs………..
Kodak had a great marketing slogan, they called a great image a ‘Kodak moment’, when people would turn to their cameras to capture the memory on Kodak paper. The phrase was turned on its head in recent years when the realisation that Kodak’s entire business model was about to be destroyed by digital cameras.
The moment of realisation became the ultimate ‘Kodak moment’, it now meant a moment when you realise technology is about to wipe you out. Those who were saying this about Kodak 20 years ago were mocked. Some of us already think we’ve seen English football’s Kodak moment.
This is Kodak’s market capitalisation between 1989 and 2012, where was your Kodak moment?
Magners have kindly offered some CQNers access to the Fanzone at their Wellpark Brewery, just a few minutes walk from the stadium, on Thursday afternoon, from 4pm until 7pm.
Here’s the deal, email me at celticquicknews@gmail.com and you’ll go in the draw for a ticket. Give a £1 (or more) to one of the Great Scottish Runners below, in aid of your Foundation, and you will feel a lot better about enjoying the pleasures of Magners’ Fanzone. Put Magners in the subject line, to make sure your entry gets to the right place.
There will be not be many entries, so if you can make it, get busy…
Click here for my linked donation page.
Here for Kenny O’Neill’s.
Thanks to all who’ve contributed already, you’re absolutely brilliant!
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Just watching the CL highlights, some of the refereeing makes Scottish refs look competent.
BGX
Maybe the thousands of Celtic supporters who will protest on that day….will take the gloss off your wee old firm fantasy.
DD doesn’t speak for me.
He isn’t a Celtic supporter….No, he is a hun apologist.
He should take himself and his money to ipox.
BGX on 30th September 2015 10:06 pm
It will be electric because it will be full (or nearly full). That’s what DD wants because it generates more income. That’s what DD wants. He doesn’t give a hoot for the atmosphere.
As I said earlier today caveat everything he says with a regard to the bottom line. He’s not a fan.
oops.
meant to add “and I respect that” at the end of my first paragraph.
HH
Ah Lennoxtown, that was it
Corporate Share Capital
SHARE CAPITAL
The issued share capital listed on AIM at 30 June 2015 is set out below.
92,830,889 Ordinary Shares of 1p each
13,183,699 Convertible Preferred Ordinary Shares of 100p each
16,132,029 Cumulative Convertible Preference Shares of 60p each
612,541,397 Deferred Shares of 1p each
Cumulative Convertible Preference Shares do not carry voting rights. Deferred Shares are not listed, are not transferable and carry no voting rights or substantive economic rights.
The above figures for Ordinary Shares and CPO Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in voting rights under the FCA’s Disclosure and Transparency Rules.
Issued capital figures are updated when changes are made and are announced to the stock market. The announcements are available HERE.
Significant shareholders
As at 19 February 2015, the Company was aware or had been notified that the following individuals or organisations held 3% or more of the classes of shares comprised in the Company’s listed issued capital:
Ordinary Shares of 1p each
Line Nominees Limited 32,772,073 35.31%
The Bank of New York (Nominees) Limited 12,155,274 13.10%
Christopher D Trainer 9,796,784 10.55%
James Mark Keane 5,909,847 6.37%
Pershing International Nominees Limited 4,476,390 4.82%
Tom Allison 3,357,505 3.62%
Finsbury Growth & Income Trust PLC 2,843,734 3.06%
Convertible Cumulative Preference Shares of 60p each
Line Nominees Limited 5,131,300 31.78%
Christopher D Trainer 2,218,813 13.74%
James Mark Keane 691,700 4.28%
Bank of New York Nominees Limited 606,385 3.76%
Convertible Preferred Ordinary Shares of 100p each
Line Nominees Limited 8,000,000 60.68%
Telsar Holdings SA Depfyffer and Associes 1,600,000 12.14%
Hanom 1 Limited 625,000 4.74%
Bank of New York Nominees Limited 500,900 3.80%
Line Nominees Ltd is Dermot
Canamler, it Dont.Imo.DD carried the hun back in the day,he carried them to keep the whole thing going in the name of Sporting competion and of course Finance.
my thoughts…
Tyler Blackett will be some way ahead of Keiran Tierney for selection tomorrow, on the evidence we’ve seen, and taking into account his experience.
Back four, Lustig Ambrose Boyata Blackett.
Don’t have nightmares sleep well csc
Pannysbhoy & HT
Your both right, who plays left back against Fenerbache, more important than DD’s Pis- :-)
Canamalar on 30th September 2015 10:08 pm
It was the 2006 Lennoxtown issue. He underwrote £8M. I’m not sure what the total over subscription was but I think I read that he would have only needed to put £5m in (could be making that up tho). However he exercised his contractual right to get what he applied for. Unlike everybody else.
Burnley78
I didn’t use the word justify. I deliberately used your word ‘explain’ mate.
So is ol Jozo Šimunović a crock? Doesn’t appear to have played full seasons for Zagreb, though maybe that is just down to age.
i hope there isnt a charlotte fakes revelation tape of the irish raj talking to anyone over in the edwardian toilet block ………
ok
i do
The green man
what?..my old firm fantasy..i never wanna see the bstards as long as i live..im a realist.
Celtic park will be sold Out..The Place will be electric…Simple..m
Well enjoyed the wee bit of debating re Desmond but I have a bit of a journey in the morning. I’m only a couple of months off my 68th birthday, alarm is set for 7am so I’m going for an early night. Don’t want to fall asleep in the Blane Valley.
Looking forward to meeting some of the Grey and Baldie Brigade, God Bless ye All.
God Bless you too Canamalar, I love your stuff, your heart is in the right place.
Hail Hail
UTLR
the green man..10.01…well said..
Weeminger…No arguement from Me on that..Bless
st, stivs….got the shivers there….
Depressing, disinterested, detached guff from Desmond talking up the Huns. How out of touch is he with his “customer base”? This is the guy driving our strategy? Says it all. Not a Tim.
Bournesouprecipe. Logically I would agree with the back four you suggested however I wouldn’t be surprised to see Joso at left centre back and Efe at leftback (He has played every other position in the back four. He may also have been an emergency leftback for us). HH
the huddle,
I dunno if he’s a crock or not but 75 apps for a 21 year old suggests he’s not.
HH
Pete..,
You still harping on.
St Stives,
It’s scary how close his words are to Murrays when talking about selling up. Difference is Celtic supporters have and will take up shares so he knows he’s on a winner money wise.
Gordon
Lustig, Boyata, Simunovic ( Efe), Blackett
Brown, Biton
Forrest, Commons, Johansen
Griffiths
( would play Armstrong in front of Johansen, just don’t think he will be fit enough for the game)
Hail Hail
GM
I’ve not been impressed by what I’ve seen of Blackett at left back although he has looked a whole lot better at centre half in the past two games.
I like players playing in their natural positions and for that reason I’d give Tierney the left back slot despite his lack of experience.
I don’t think Ronny will agree though and I expect Blackett will start there.
Paul67…..
Please stop apologising for the board ..
Their depreciation and feckin Amortisation…..
Some of us on here went to Russell Group Universities ….,
We can see right through you
Transparent board lovers CSC
Corkcelt,
Feelings mutual, hope you have a great night tomorrow.
Hail hail
Geordie Munro on 30th September 2015 10:24 pm
I dunno if he’s a crock or not but 75 apps for a 21 year old suggests he’s not.
—————
Wiki says he has 9 caps for the u21s??
NegAnon2 on 30th September 2015 10:06 pm Weeminger correct. And Celtic delisted to,allow him to hold more. This was about control for him.
=============
Evening Neganon, hope you are well?
What did Celtic delist from?
HH
CRC
BGX
Why would Celtic Park be sold out or “electric” next season v sevco.
I think you misread the mood.
That bigot ship has sailed.
Celtic supporters will protest on that day.
We should not be promoting bigotry.
The Celtic PLC have a lot to answer for.
HH
As the EPL recycled fodder of Burnleys Bourenemouths Birminghams and the like are defecated annually many EPL fans are now wondering whether it’s worth it at the bottom end while the top 5 predators in the EPL food chain are now regularly humped in Europe. Not the best league in the world by any measure then. So maybe there’s change afoot not just to do with technology.
Maybe that’s why the donut has bared his ugly arse in public again after 10 years of oldfirmanship, but I suspect the reality is more to do with a golf schedule. My guess is the Abramovich of Ireland smells a deal.
So as we sniff for a place in the Neolithic EPL from the Jurassic SPL maybe we should be gauging further afoot as the corrupt football organizations of the world begin to collapse. Of course this is only practical as soon as we can get rid of our own prime defecators on Celtic supporters i.e. The self serving fascist custodians, as a new global football paradigm based on new technology emerges. The first problem, however, are all the current donut sycophants and their respective sycophants need to oldfirm wise up now!
Corkcelt
You’re a special bhoy.
Cowiebhoy,
I don’t think you’ll be far away with that neebs.
I wouldn’t split up our two centre halfs for tomorrow but it wouldn’t surprise me if we did.
3 clean sheets on the bounce for ol efe and partner ;)
HH
Pannysbhoy
Hmmm……. It’s a good shout Efe ( he’s a bombscare ) Ambrose ‘promoted’ from
bombscare duty on the right, to firefight on the left?
Who’d have thunk it a few weeks ago csc
HH
Celticrollercoaster supporting Shay,our bhoy wonder along the way
We didn’t delist but we did seek shareholder approval for DD to increase his holding to ver 30% without him needing to launch a full takeover bid. As we know the dispensation was granted.
corkcelt on 30th September 2015 10:20 pm
Enjoy your day tomorrow and travel safe and mind the zimmers when you hit the BV. Just jealous ghuys I cant join you :-)
HH
CRC
Sky never said the EPL was the best league in the world (ie we’re have the best team), it was purely about best as in best to watch. And for a few years it was hard to argue, though it’s been poop for many a year now.
And to be honest can’t think of any Euro league these past few years that have been great to watch.
Weeminger
Thanks, that’s what I thought also
Neganon-ha, ha sometimes I think you live in a parallel universe where Celtic are your evil empire. :-)
HH
CRC
Russell Group University’s.
Elitist, snobbish sh@te.
HH.
Weeminger,
So the same spiv that said the following last year
““People have suggested to me that I make a bid for the club and take it private,” he said. “I’m not saying that would never happen but I’m not interested in that because I think Celtic Football Club is a family. It’s not about one family, it’s about the greater diaspora of Celtic supporters and therefore I think it’s better to have a broader level of ownership.”
Previously refused to allow a “broader level of ownership” when the chips were down, aye milkman