You and I have been discussing football finances here since 2004. In our early years Celtic lost several million pounds each year, CQN’s call was ‘we must breakeven over any business cycle’, an incredibly controversial view in those times of indulgent bling.
By 2004 Celtic hadn’t added a player who held down a sustained first team place for three years (since John Hartson in 2001). We also lost a talisman that summer. The pressure was on to spend, from the stands and the dug-out, but Brian Quinn, our chairman, had concerns about running at a permanent loss. In the face of considerable criticism from the bling-brigade he stood firm.
Celtic won three of the next four league titles while reaching new territory in the Champions League as others continued to spent beyond their means and exploit unconventional taxation policies, which ultimately saw them liquidated, but while the end game was predictable, most didn’t predict it. This resulted in strife at our club.
Finance was a focus of CQN in the early years when we produced granular analysis of accounts and budgetary forecasting. As we became less of a basket-case the time spent debating money reduced.
We can all talk about strikers and defending, policing and political influences, good corporate governance and the SFA, but if you scratch below the surface of those with many years of CQN behind them, I suspect you’ll find people who can’t resist a football club’s cost and revenue breakdown spreadsheet….
The document which appeared on the internet yesterday on a former football club [let’s call them ExCo] was a joy. To me, anyway. It provided many small details which add up to one or two enormous conclusions.
ExCo forecast current year spend for 2011-12 on cleaning costs to be £380k, electricity at £455k, insurance at £374k, postage and carriage at £146k, IT at £261k, professional fees at £613k and telephone costs at £149k. Stewarding was £593k, policing, £343k, match day ambulance, £89k. They spent £160k on finance salaries and £176 on press office salaries while ticket operation salaries cost £268k. The list is exhaustive, 10 pages of costs detailed.
Operating costs, before items like our old friend, amortisation, and tax (don’t laugh), were predicted to come in just shy of £37m, but the key message in all of this detail, is that if you want to operate a football club which can accommodate circa 40,000 spectators you need an infrastructure which costs around £20m.
The police, building maintenance, insurances, grass seed and everything else has to be budgeted for before you can look at player wages, not to mention transfer fees. £268k might sound like a lot to pay for ticket office staff but if you need to issue tens of thousands of tickets you need fulfilment staff. All those assets: enormous properties, thousands of fans, blanket media attention, can feel like liabilities to the guy with the responsibility to pay for them.
On reading this the overwhelming memory I had was of former Rangers director, Paul Murray, who a year ago told the world that Newco Rangers would not be viable, and he was hoping a Newco would have SPL football back then. New clubs cannot qualify in European competition until after they have completed three years trading (a minimum of four years without Europe).
With no European revenue for four years, Newco would be unable to pay all those ‘fixed’ costs and put a competitive team on the field. A big club can’t survive trapped in a small league with no European revenue.
This is reality. Scotland has one healthy large club and has a dozen or more potentially healthy small ones, but nothing will ever be the same again.
Thanks to everyone who has bought Willie Wallace autobiography. Orders in from Belfast, Blackpool, Bonnybridge, Burntisland and Blackrock. If you order now you will receive a copy signed by the man himself….
Email me if you have an article for CQN Magazine inside of you waiting to get out; celticquicknews@gmail.com.
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channelislandcelt
18:02 on 17 May, 2013
Hahahahahahahahahahahahaha…..
petec
18:03 on 17 May, 2013
Have tried that…..disnae work…….’reading between the lines’ perhaps I should replace the word ‘agenda’ to ‘detests’…….
Never play cards with a googly eyed man who asks you to speak loudly and clearly into the carnation on his lapel…
PETEC 13.41 Thanks . And duly watched,maybe that wasnt such a bad day after all.
HOOPEDDREAMS 13.47 Cheers. First season book for the Jungle £7.50. Even insinuation “no funny”
BOBBY MURDOCHS CURLED UP WINKLEPICKERS 14.37 Thanks and all the best.
thanks Gentlemen,yours in Celtic. Paul did you ever travel on the road to Damascus?
Am I in the Celtic chorus? How do you know if you are in it? Do they just pick your name at random or is there some sort of test?
Good Friday evening friends.
OG,
I thought that the Murray referred to in the e mails, was Paul, not Dave.
There has been plenty of mentions on the CT site re the Celtic Chorus and they have been advertising their meeting and practise nights, looking for members throughout the winter.
The idea appears to be to create a balance of noise( singing) in the stadium, by accommodating the CC in the diagonally opposite part of the ground.
Where the sarcasm and sneers from some on here is coming from, I have no idea.
Unless they feel that the sacred cows of the GB have a monopoly in creating ” atmosphere”.
Personally, being an old fashioned type of supporter, I believe the atmosphere is generated by what happens on the park, not the other way around.
I suppose, in the fake belief world of entertainment today, we need to have an X-Factor audience at every game, to let us think that we are watching exciting, entertaining football.
jacketsforgoalpostscsc.
DL with another classic ” if the Cardigan walks ,Rankers will be a shambles…..
Bbbbwwwaaaaaaaaaaaaaaaaaa
Stair
It’s sort of a keyed down version of The Voice – only it’s held in the Springfield Vaults Lounge and it’s basically 4 overweight guys sitting on barstools staring at you whilst you chant like a linty – 3 nods or more and you’re in.
U
Stairheedrammy
We are all the Celtic Chorus!
btw if Sevco play Hertz, will that be the new demolition derby?
At night you hear, Bazookas Roar.
moonhowlingclassics.csc
stairheedrammy
18:11 on 17 May, 2013
I’m the best singer at Celtic Park and I haven’t been invited to join any choir…..why…??
Tell you what, though, any choir will be second best to the GB, by a country mile….LOL
ulysses mcghee-VG :)
67Heaven
18:16 on 17 May, 2013
I like the way you tempt fate.
Fate can be tempestuous….thou**
thomthethim, I do agree that the fare on the pitch sets the agenda, but a bit of organised colour & noise does help in creating the mood. When you get both in tandem you have an occasion to cherish. As I said earlier I have no problems with two distinct groups being formed at either end of Celtic Park but am a little concerned if 2 distinct groups begin competing with each other in close proximity at an away game. We should always be one united support when the Bhoys are playing.
Just heard lenny on stv there.hahaha…the huns will be choking on their spam.
thomthethim
18:13 on 17 May, 2013
Hope they are meant to complement the GB……if it’s a CT choir, will be old fogies like me…LOL
O.G.Rafferty 17.23
He basically admitted it himself in the same interview he said he had been duped. Didn’t he say something like “it was difficult to get information on him as he had been banned from being a director for seven years”?
I mean – you don’t get banned for seven years for parking in the wrong space!
If a Choir is being suggested. WOW
I hope the whole shebang is playing, I mean every instrument is getting aired at Celtic Park.
We are Celtic and we deserve the Finest in Music, whilst we watch the Champions.
FFS if the Music is exceptional, people will flock to listen to it way before kick off.
67heaven…,
I tend to remember things you’d rather forget, it’s not an agenda, as I don’t have a replacement suggestion (well except the supporter buy out ideal), I do though consider it important that we keep in mind the board are all hard nosed business men running a company. They are not a benevolent charitable organisation, their duty is not to the club or support but the shareholders one in particular, romantic notions about the club is a sop to pull on our heart strings and is used to exploit us. No other reason, the biggest hypocracy is their charitable claims, they are not a charitable organisation, in fact they separated charity from the club when they set it up as a separate company, yet continue to make the claim.
As I say I am simply trying to remind that they are what they are it’s their nature, like the scorpion.
Following on from Neil’s on pitch speech last week and the 125 unbroken years statement, he has just topped that with his statement today.
Laugh, I nearly peed Masel !
Absolutely superb Hun bating Neil, my favourite pastime.
Bravo sir.
We are all Neil Lennon
Petec
Hiya, Trooper?
NIce tae Greet and Meet.
Yep… Some Folk Say that … Money, is the Root of All Evil..
But, they ur Wrang..
Fur the Bible says:
“For ’tis. The LOVE of Money, that is the Root of al Evil”
Big Difference.. Eh , What?
Howevahhhhhhh…
Ah say.. They that Baith ur Wrang!
Everybuddy Knows that..
“It’s the LACK of Money.. That is the Root of Awe Evil!”
Right?
Of Course Ah am Right.. Ah always Am!
Speaking aboot Gold..
Ah wiz heavily invested in Gold, Silver, And Gold Mining Stocks..
Howevahhhhhh..
Ah Sold Ma Gold Bullion.. Over a Year Ago..
Ah goat oot.. at.. 1440… and Ah mentioned it oan here ,at the time.
Ah goat oot of Ma Silver.. a bit later.. at 31… Ma Gold Stocks.. Ah wull Keep .
Anyway.. Shortly after Ah sold Ma Gold ..
The Gold Went oan the Ran Dan.. and almost topped.. 2000!
Hmmmmmmmmm…
Anywey.. The Reason that Ah sold the Gold Wiz this..
Ah am an old Haun at this . Investing game.. and Ah hiv always done rather well..
and Ah KNOW from Past experience..
It wiznae that the Gold Had Goat Suddenly.. Mair Valuable..
Na..
It wiz the The U.S. Dollah.. hid got. .. a loat Mair … Cheaper!
No why did that come aboot..
Well..
Draw up a Stool.. and Ah wull Tell ya.
The Reason that the U.S. Dollar hid Goat sae Cheap..
that ..
Noo Ah am gien away A big Secret noo.. so.. Mak sure that ye get awe this written doon..
O.K.
The Reason why the U. S. Dollar hid goatten so Cheap .. wiz..
The U.S. INTEREST RATES hid Hit Rock Bottum!
Thanks tae the U.S. Fed Reserve.. Printing awe that Extra and UN-NEEDED DOLLARS intae the U.S. Banking System..
There wus a Superfluity of U.S. Dollars oan the Market..
and.. as ye know frum yer Economics. Room 101
The Mair there is of Anything.. the Cheaper ..that Anything Becomes..
therefore .. the U.S. Dollars hiv become. as Cheap.. and almost as WORTHLESS .. as DIRT.
Therefor yer wur getting almost… A Negative Return..if ye Lent yer Money oot..if ye wur in U.S. Dollars.
So.. Whit wiz the Alternative Way fur the Big Guys tae Mak a Buck..noo tha the Dollar had Tanked?
Why.. Easy..
PILE IN TAE .. The COMMODITIES..
Especially the Metals.. Gold ,Silver , Palladium.. Platinum.. etc.
When the Mugs in the Street.. saw that the Bigs wur Pilin intae the Commodities.
Why.
They.. Rushed in .. as Well..
And so did Ah.. But.. Let me tell ye…. Ah am Nae MUG..
As proof..
Ma Recommendo…LLOYDS Banking.. hiz went UP..
One Hundred and Twenty Per Cent .. in Price ..since LAST YEAR..!
and it wull CONTINUE tae Spike Up.. as The U.K. Economy.. Strengthens..
Which..whether ye know it or NO.. the U.K. Economy is daeing jist that..
One Mair Year.. and Ye wull be able tae really see the Improvement..
Noo…
Ah knew WHY .. the Big Guys wur eschewing the Dollar… and therefore..
Ah by extrapolation.. Ah knew..
Whit Wid.. Mak the Big Boys. Pile oota… The Commodities..
THE DIRECTION OF INTEREST RATES..
As soon as the U.S. Fed… even HINTS . that it wull Gradually Exit the Money Market..and Cease tae Continue tae Pump in .. Any mair. Fiat and Printed Currency intae the System..
The Printing Press Route..is the Method.. that the Fed has used tae Reduce the U.S. interest Rate tae almost Negative Return..
Anywey.. Again..
Knowing whit Ah know.. therefore… Ah knew the sooner or later the U.S. Fed wull
Cease tae Prime the Pump in the Currency Market…and U.S. Interest rates ,wull start
their Climb…
and When that Happens..
It’s
“Katie Bar the Door Time”…in the Gold and Silver and awe the Commodities Markets..
there wull be a .. BLOOD BATH.. it wull not be Pretty. Ah kin assure Ye..
Some Guid and Honest Folk in The Commodities Markets.. Mainly, the Gold And Silver wull get… ROOKED.. good n True.
So..like Ah said… Over a Year Ago.. Ah decided that .
Ah Figgered that …1400 Dollars an Ounce ,oan Ma Gold Bullion Investment.. wiz a Pretty Nice return.. from Ma original… 402.. which Ah hid Paid.
So Ah sold oot awe Ma Bullion Holdings.. Wan kin Nevah Go Bankrupt.. selling at a Profit..
Right?
So a Sold Ma Gold…and MA Silver, a wee bit latah… . A Year or so Early.. But..
Noo.. the Gold is Selling fur Less than Ah goat.. when Ah sold..
So… Noo Ah am Lookin’ like a Genius..
Sure, It is Awe in the Timing…
Nevertheless.. the U.S. Fed.. has Still NOT stopped Printing that Fiat Currency..it is still Cranking It oot…
But.. Like Ah says..It only taks the Mearest Suggestion of a Whisper of a Hint.. that the U.S. Fed.. is .. Even THINKING aboot. cutting back oan the Printing Press..
and.. Like Ah hiv said..
there wull be a Rush fur the Exits in the Commodities .and Metals Markets..
You are seeing it jus now… The Fed his been commencing tae Leak a few Hints
that it is ..contemplating in Shutting Doon the Printing Presses.
The Fed Wull Stop Printing ..that is a Given.. But. When?
Me..?
Ah dinna Care… Ah Hiv Made Ma Pile.. Let the Mugs… worry aboot that..
But.. It wull Happen. and when it Diz.. the Big Boys wull hiv WELL FLED THE METALS MARKETS..and the Mugs ..
well.. they wull be left Carrying the Can.. so tae Speak..
It wiz always .. Thus..
During the Last Four Years.. Ah hiv bin BUYING. LLOYDS BANKING
with Baith Hauns..
Ah told the Guys oan here.. that Ah wiz Buying Lloyds..
WHILE IT WAS GOING DOWN.. n DOWN n DOWN.
Fur that is Whit ye dae.. Ye BUY..No Sell…. when the Blood Is Running in the Streets..
it is TOO Damn Late .. tae SELL.
Howevah..and this is Important..
Ah ..
STOAPPED BUYING LLOYDS BANKING when it Hit Bottum in the New York Mark..
at .. 1.36
Ye Buy oan the Cannons.. and SELL.. oan the TRUMPETS
Ye NEVER EVER.. BUY.. when Yer Investment is GOING UP!
Ah wull.. Repeat that..
Ye Never Ever BUY.. when ye Investment is Going Up!
Ye Only BUY.. when ye Investment is Going Doon.. and Is UNPOPULAR.
Noo..it goes withoot saying..
Ye must be Damn Sure that Yer Investment is a Sound and Sane Wan..
No a Fly by Nighter…
And…Lloyds is a Very Good INVESTMENT.. Believe ,this Kid.. He Knows.
Ye are TOO DAMN Late.. when ye see yer investment Going UP…
Ye must Buy as LOW as ye Kin.. and Sell.. as HIGH as ye kin
It’s Easy..
Ye jist hivtae get in .. EARLY…like Ah hiv demonstrated wi Ma ..LLOYDS INVESTMENT..
During the past Year..LLOYDS has Beaten all of the ITHER BANKS..and several Ither
Entities.. HOLLOW.. Black and Blue..
In INCREASING IN VALUE.. Percentage wise..
LLoyds..is a Damn fine Bank.. Ah always knew that.. Ah hiv bin Investing.. and Selling It.. fur .. YEARS
It his Made Me.. A Very Happy Camper.
Tak ma Advice..
Do not Invest in the Precious Metals Market..NOW..
It is no .. TOO LATE..
The Froth is Beginning tae Dissolve.. and soon .. it wull be . Flat as a Pancake..
The Time tae Invest in the Metals is Over..
Sure.. it wull Kick and Struggle fur a Few more Months..
But.. The Fed…is Growing Uneasy.. It Must Draw in it’s Horns..and
Stop Printing..
and when it does..
the U.S. Interest Rates wull… Start tae Move UP…
and when that happens..
The Time tae be in the Metals Market wull be over..
But…
Do not despair..
The Metals Market wull be Back…in aboot. Approx..
Six Years.. after the Resumption of the Interest Rate Spiral..
and the Interest Rates Hiv Topped Oot..
At the NEXT.. World Wide.. DEPRESSION..
and..
The Fed wull… Commence Wance Again. tae Reduce the Interest Rate ..and Commence wance again tae Pump up the Money Supply.
It has Always followed the same Pattern..
Funny..how .. Maist Folk Hiv Not Cottoned Oan.,, tae this
REPETITIVE PATTERN.
Ah suppose ,that they do not.. is Because..
the So called Monetary Experts..
Tell us..
“It will Be DIFFERENT this Time’
And.. No … In the Next Monetary Crises…
It Wull NOT be any Different, My dear Virginia..
It wull be the same ole . same ole..
Soon.. This World Wide Depression of the World Economy wull end…
give it a Year..or Two , at the Most..
The Mend is oan the Way..
Then we wull be able tae look forward tae at least ..
Six Years or Prosperity.. an then??
Well..
Ye kin leave the Cinema Noo, folks.. ye hiv Seen this Movie.. Already.
Nice Chattinh
Kojo
Still Laughin’
petec
to be fair to them the Choir were formed a few months ago via the Celtic Trust and I’m sure they’ll bring an ‘alternative voice’ to the party.
Hail Hail
sipsini
18:21 on 17 May, 2013
What did Neil say….?
http://www.youtube.com/watch?feature=player_detailpage&v=1hm8s6tTyh4
Two members of the choir meet up in Babbity’s pre match
Salmond-i f****** loathe that hypocrite-guaranteed to be a member
no problem with celtic fc and the celtic trust getting together to give us a celtic chorus.
hopefully the celtic chorus are in lower north west area i.e. mirroring GB position at opposite side etc…
more noise = better atmosphere = better match day for all, but you’d need at least 200 bodies (singers) and a drum to make the celtic chorus work well.
anything to improve the atmosphere is very much welcome, it does not need to be at the expense of the GB, rather to complement them.
roy croppie
18:29 on 17 May, 2013
Hope they don’t sing different songs at the same time …..LlLLOOOLLL
I stopped reading after 2 lines but I am sitting here in Clonmel in total amazement that anyone would sit down anywhere and write the post that Kojo has just written.
67Heaven … I am Neil Lennon..!!.. Ibrox belongs to the creditors
£100 pound off and even more entertainment added to the bill, happy days :)))
Gotta Go Mo
Seeya..
Kojo
Still, Laughin’
Kojo
18:29 on 17 May, 2013
Petec
Hiya, Trooper?
NIce tae Greet and Meet.
Yep… Some Folk Say that … Money, is the Root of All Evil..
But, they ur Wrang..
Fur the Bible says:
“For ’tis. The LOVE of Money, that is the Root of al Evil”
Big Difference.. Eh , What?
Howevahhhhhhh…
Ah say.. They that Baith ur Wrang!
Everybuddy Knows that..
“It’s the LACK of Money.. That is the Root of Awe Evil!”
Right?
Of Course Ah am Right.. Ah always Am!
Speaking aboot Gold..
Ah wiz heavily invested in Gold, Silver, And Gold Mining Stocks..
Howevahhhhhh..
Ah Sold Ma Gold Bullion.. Over a Year Ago..
Ah goat oot.. at.. 1440… and Ah mentioned it oan here ,at the time.
Ah goat oot of Ma Silver.. a bit later.. at 31… Ma Gold Stocks.. Ah wull Keep .
Anyway.. Shortly after Ah sold Ma Gold ..
The Gold Went oan the Ran Dan.. and almost topped.. 2000!
Hmmmmmmmmm…
Anywey.. The Reason that Ah sold the Gold Wiz this..
Ah am an old Haun at this . Investing game.. and Ah hiv always done rather well..
and Ah KNOW from Past experience..
It wiznae that the Gold Had Goat Suddenly.. Mair Valuable..
Na..
It wiz the The U.S. Dollah.. hid got. .. a loat Mair … Cheaper!
No why did that come aboot..
Well..
Draw up a Stool.. and Ah wull Tell ya.
The Reason that the U.S. Dollar hid Goat sae Cheap..
that ..
Noo Ah am gien away A big Secret noo.. so.. Mak sure that ye get awe this written doon..
O.K.
The Reason why the U. S. Dollar hid goatten so Cheap .. wiz..
The U.S. INTEREST RATES hid Hit Rock Bottum!
Thanks tae the U.S. Fed Reserve.. Printing awe that Extra and UN-NEEDED DOLLARS intae the U.S. Banking System..
There wus a Superfluity of U.S. Dollars oan the Market..
and.. as ye know frum yer Economics. Room 101
The Mair there is of Anything.. the Cheaper ..that Anything Becomes..
therefore .. the U.S. Dollars hiv become. as Cheap.. and almost as WORTHLESS .. as DIRT.
Therefor yer wur getting almost… A Negative Return..if ye Lent yer Money oot..if ye wur in U.S. Dollars.
So.. Whit wiz the Alternative Way fur the Big Guys tae Mak a Buck..noo tha the Dollar had Tanked?
Why.. Easy..
PILE IN TAE .. The COMMODITIES..
Especially the Metals.. Gold ,Silver , Palladium.. Platinum.. etc.
When the Mugs in the Street.. saw that the Bigs wur Pilin intae the Commodities.
Why.
They.. Rushed in .. as Well..
And so did Ah.. But.. Let me tell ye…. Ah am Nae MUG..
As proof..
Ma Recommendo…LLOYDS Banking.. hiz went UP..
One Hundred and Twenty Per Cent .. in Price ..since LAST YEAR..!
and it wull CONTINUE tae Spike Up.. as The U.K. Economy.. Strengthens..
Which..whether ye know it or NO.. the U.K. Economy is daeing jist that..
One Mair Year.. and Ye wull be able tae really see the Improvement..
Noo…
Ah knew WHY .. the Big Guys wur eschewing the Dollar… and therefore..
Ah by extrapolation.. Ah knew..
Whit Wid.. Mak the Big Boys. Pile oota… The Commodities..
THE DIRECTION OF INTEREST RATES..
As soon as the U.S. Fed… even HINTS . that it wull Gradually Exit the Money Market..and Cease tae Continue tae Pump in .. Any mair. Fiat and Printed Currency intae the System..
The Printing Press Route..is the Method.. that the Fed has used tae Reduce the U.S. interest Rate tae almost Negative Return..
Anywey.. Again..
Knowing whit Ah know.. therefore… Ah knew the sooner or later the U.S. Fed wull
Cease tae Prime the Pump in the Currency Market…and U.S. Interest rates ,wull start
their Climb…
and When that Happens..
It’s
“Katie Bar the Door Time”…in the Gold and Silver and awe the Commodities Markets..
there wull be a .. BLOOD BATH.. it wull not be Pretty. Ah kin assure Ye..
Some Guid and Honest Folk in The Commodities Markets.. Mainly, the Gold And Silver wull get… ROOKED.. good n True.
So..like Ah said… Over a Year Ago.. Ah decided that .
Ah Figgered that …1400 Dollars an Ounce ,oan Ma Gold Bullion Investment.. wiz a Pretty Nice return.. from Ma original… 402.. which Ah hid Paid.
So Ah sold oot awe Ma Bullion Holdings.. Wan kin Nevah Go Bankrupt.. selling at a Profit..
Right?
So a Sold Ma Gold…and MA Silver, a wee bit latah… . A Year or so Early.. But..
Noo.. the Gold is Selling fur Less than Ah goat.. when Ah sold..
So… Noo Ah am Lookin’ like a Genius..
Sure, It is Awe in the Timing…
Nevertheless.. the U.S. Fed.. has Still NOT stopped Printing that Fiat Currency..it is still Cranking It oot…
But.. Like Ah says..It only taks the Mearest Suggestion of a Whisper of a Hint.. that the U.S. Fed.. is .. Even THINKING aboot. cutting back oan the Printing Press..
and.. Like Ah hiv said..
there wull be a Rush fur the Exits in the Commodities .and Metals Markets..
You are seeing it jus now… The Fed his been commencing tae Leak a few Hints
that it is ..contemplating in Shutting Doon the Printing Presses.
The Fed Wull Stop Printing ..that is a Given.. But. When?
Me..?
Ah dinna Care… Ah Hiv Made Ma Pile.. Let the Mugs… worry aboot that..
But.. It wull Happen. and when it Diz.. the Big Boys wull hiv WELL FLED THE METALS MARKETS..and the Mugs ..
well.. they wull be left Carrying the Can.. so tae Speak..
It wiz always .. Thus..
During the Last Four Years.. Ah hiv bin BUYING. LLOYDS BANKING
with Baith Hauns..
Ah told the Guys oan here.. that Ah wiz Buying Lloyds..
WHILE IT WAS GOING DOWN.. n DOWN n DOWN.
Fur that is Whit ye dae.. Ye BUY..No Sell…. when the Blood Is Running in the Streets..
it is TOO Damn Late .. tae SELL.
Howevah..and this is Important..
Ah ..
STOAPPED BUYING LLOYDS BANKING when it Hit Bottum in the New York Mark..
at .. 1.36
Ye Buy oan the Cannons.. and SELL.. oan the TRUMPETS
Ye NEVER EVER.. BUY.. when Yer Investment is GOING UP!
Ah wull.. Repeat that..
Ye Never Ever BUY.. when ye Investment is Going Up!
Ye Only BUY.. when ye Investment is Going Doon.. and Is UNPOPULAR.
Noo..it goes withoot saying..
Ye must be Damn Sure that Yer Investment is a Sound and Sane Wan..
No a Fly by Nighter…
And…Lloyds is a Very Good INVESTMENT.. Believe ,this Kid.. He Knows.
Ye are TOO DAMN Late.. when ye see yer investment Going UP…
Ye must Buy as LOW as ye Kin.. and Sell.. as HIGH as ye kin
It’s Easy..
Ye jist hivtae get in .. EARLY…like Ah hiv demonstrated wi Ma ..LLOYDS INVESTMENT..
During the past Year..LLOYDS has Beaten all of the ITHER BANKS..and several Ither
Entities.. HOLLOW.. Black and Blue..
In INCREASING IN VALUE.. Percentage wise..
LLoyds..is a Damn fine Bank.. Ah always knew that.. Ah hiv bin Investing.. and Selling It.. fur .. YEARS
It his Made Me.. A Very Happy Camper.
Tak ma Advice..
Do not Invest in the Precious Metals Market..NOW..
It is no .. TOO LATE..
The Froth is Beginning tae Dissolve.. and soon .. it wull be . Flat as a Pancake..
The Time tae Invest in the Metals is Over..
Sure.. it wull Kick and Struggle fur a Few more Months..
But.. The Fed…is Growing Uneasy.. It Must Draw in it’s Horns..and
Stop Printing..
and when it does..
the U.S. Interest Rates wull… Start tae Move UP…
and when that happens..
The Time tae be in the Metals Market wull be over..
But…
Do not despair..
The Metals Market wull be Back…in aboot. Approx..
Six Years.. after the Resumption of the Interest Rate Spiral..
and the Interest Rates Hiv Topped Oot..
At the NEXT.. World Wide.. DEPRESSION..
and..
The Fed wull… Commence Wance Again. tae Reduce the Interest Rate ..and Commence wance again tae Pump up the Money Supply.
It has Always followed the same Pattern..
Funny..how .. Maist Folk Hiv Not Cottoned Oan.,, tae this
REPETITIVE PATTERN.
Ah suppose ,that they do not.. is Because..
the So called Monetary Experts..
Tell us..
“It will Be DIFFERENT this Time’
And.. No … In the Next Monetary Crises…
It Wull NOT be any Different, My dear Virginia..
It wull be the same ole . same ole..
Soon.. This World Wide Depression of the World Economy wull end…
give it a Year..or Two , at the Most..
The Mend is oan the Way..
Then we wull be able tae look forward tae at least ..
Six Years or Prosperity.. an then??
Well..
Ye kin leave the Cinema Noo, folks.. ye hiv Seen this Movie.. Already.
_____________________________________________
I dinnae think ye ur too far aff the mark there Kojo.
The Creature from Jekyll……..
The Bible is the main thing IMO…. The Word, a bit hard to understand really, especially for a complex person like your brilliant self.
Just dropped in to say….
Well done to the Lady who was on SSB there and
gave the best goal that I have EVER seen a mention.
Murdo’s goal in the 4-2 game !
I didny catch the Lady’s name but – well said.
Hail Hail – Off oot.
corkcelt
Ah read whit ye jist wrote.. Ah wiz jist goin Oot..
Pal..
If Ye only read.. TWO LINES of whit Ah writ…
Then
Let me Ask You..
How in the Name of the wee man.. did Ye come tae be so Amazed at
well. whit Ah writ.???
Hmmmmm
Pal.. Ah don’t want tae Influence yer Investing …
You don’t need tae Follow Ma Advice oan that.
but..
Ah kin assure ye..
that Those Principles which Ah hiv Ootlined.
Hiv made a Loata Lolly fur This Fellah..
Ye Betcha sweet Booty they Hiv
Kojo
Still.. Laughin”
Hivtae go .. Joe.
corkcelt
18:35 on 17 May, 2013
Hahahahahahahahahahahahaha…… I read 4 lines, said “feck me”…. And scrolled on…!!!!!!!!
kevjungle – “…it’s grand to ‘stand’ in the ole jungle…”
18:44 on 17 May, 2013
Yep, she was brilliant…..
67heaven
Me tae. Haha
Weefra HH
67heaven … i am neil lennon..!!.. ibrox belongs to the creditors
18:30 on 17 May, 2013
More or less he was concerned for Scottish football as they have already lost the second strongest club and now the third may follow suit
LoL.