The Times today report that Uefa will shortly announce Financial Fair Play (FFP) sanctions against Paris St-Germain, Barcelona, Inter Milan, Roma and Juventus. Newco’s remarkable Europa League run, and subsequent player sales, will provide a stay of execution. They could even announce the first operational profit in their history when accounts are published.
With football on the ropes for two years, Uefa loosened FFP regulations and announced the system would be reviewed. Going forward, clubs will be limited in what proportion of turnover they can spend on football operations, which is a decent proxy for a sustainable business model.
Taking on PSG, Barcelona, Inter, Roma and Juventus would be a huge stake in the ground for Uefa and a win for fans of well-run clubs, who want to see the end of debt-fuelled speculative gambling in the game. Celtic fans know more than most what it is like competing with a death wish club, intent on driving off the cliff edge, if it wins football games. For us, it was divisive, as some wanted Celtic to compete in the spending stakes; it also cost us trophies and access to European competition.
Newco show no signs of having learned lessons from the demise of Oldco Rangers. Although Celtic were a shambles in season 2020-21, it took cumulative losses approaching £100m to stop our title run. Strong financial regulation is on the side of the good guys.
I expect we will touch on this again before the week is out.
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‘Newco show no signs of having learned lessons from the demise of Oldco Rangers.’
what the old firm know is that they can cause all sorts of mayhem during a home match against us and get zilch , hee haw done against them, move along Timmy nothing to see here.
Our CL pricing is significantly cheaper than our rivals across the city we’re charging for post Xmas europa run.
No doubt as we reach the conclusion of the transfer window we have taken a big financial hit on approx 25 million pounds of outlay on Jullien, Ajeti, Barkas, and Bolingoli, better for them all to move on rather than continue to take losses, hopefully, lessons have been learned no club gets it perfect but our pre-Ange transfer activity had far too many misses
what a total waste of £15m that was for Julian, boli boli and ajeti .
The £30m valuation of Morelos can be explained.
He is a solid gold Budha. Gold is worth £47,300 per KG. He weighs 634.25 kilos.
Good luck big Julien, due some…………..shame the way it ended.
allpartofgrowingup csc
And don’t be bad mouthing Ange.
and add barkas to the equation and it gets worse
Energy policy in Scotland is a matter that has been specifically reserved to the UK parliament under the terms of the Scotland Act 1998 that created the devolved Scottish Parliament.
Where is the state run energy company that Nicola Sturgeon promised?
What she can do immediately is use some of the hundreds of millions of pounds underspend each year to help hard pressed consumers. At least that is feasible and would make a great photographic opportunity.
DAVID66 on 23RD AUGUST 2022 11:26 AM
Anyone got any spares for Sunday??
D :)
Sid- Clockwork Bar near Hampden is huge,might get rid of it there
Think it’s more than harsh lumping CJ in with the Ajeti, Bolingoli and Barkas, he was an important player, cup final vs triggers broom and both games against Lazio, sure he seemed in a bit of a huff but to lump him in with those is either lazy, blinkered ad infinitum
Go tell
I agree – there are many reasons why signings don’t work out.
BIG WAVY on 23RD AUGUST 2022 2:31 PM
Funny :-)
Obviously time will tell but so far all of Ange’s signings are doing OK.
Maybe Guchi not so much but wouldn’t write him off yet.
Ange also doing a good job tidying up the loose ends.
Ajeti is of course sticking out like a sore thumb but apart from him maybe Loans for Mikey & Robertson,
That would just leave question marks over James McCarthy & Liam Shaw.
CARPE DIEM 63 on 23RD AUGUST 2022 2:45 PM
Your intended audience would have to have a basic understanding of the law regarding the incorporation of unincorporated bodies (ie what happens when a ‘club’ becomes a limited company) and the law of corporate insolvency.
Otherwise they won’t be able to follow follow the bouncing ball and will respond with denial and whataboutery.
You’d have more success showing a chimpanzee how to use an alarm clock.
Lots happening today,
Julies attitude been poor since injury, good he’s gone. Ange will have no time for moody guys.
Hopefully Ajeti and McCarthy next,
On CL ticket prices, thought it would be worse.
I will believe in FFP when we see results in public and not just paper tigers in Switzerland.
HH
KLV
It is best for both parties that CJ moves on. He was never going to be of Ange’s plans.
But what a loss on our second ever most expensive signing.
HH.
Greenpinata.
Unchallenged comments on CQN that everyone who voted Brexit was a racist.
====================#=
It’s true and it’s a fact.
Chasing the halcyon days of empire that never existed to begin with
.As I said to Ernie every fear,paranoia and anxiety about Johnny foreigner that is deeply ingrained since the Armada missed the turn.And read 7.45 yest post I was most definitely responding to racism.
There is a case on the left in theory,Mick Lynch°et al agree wth it-,the Peter Shore response.its a valid THEORY,the reality of today’s freemarket capitalism would not even allow you to forward it.
It’s a theory,not viable in the real world,Labour know that.thats why they were terribly quiet during Brexit.
They did not voice loudly enough there view.
Sadly procrastinating on a theory,that will never be actioned by the ideological few combined with every racist fear played on hourly,daily meant racism won.
As BW states and I agree c**** voted for it too,(ignorant ones esp)
Weenikla setting up an energy company
– what? And become one of the many energy companies that went bust and seen customers go into chaos.
I think she made the right move delaying there,a devolved govt partaking in a rigged market that as we are experiencing is by the hour,right now, swirling down the sinkhole of total chaos.
Feel free to highlight any fiscal incompetence and corruption,that’s what politicians do.look to your union and the transfer of wealth from Poor to rich especially over Covid.but ssssshhhhh that’s a given,that’s inculcated union corruption.we can pass that onto future generations who are all looking at Michelle Mones tits anyway as they paid for them!
Gp your not a happy unionist today.
Your flailing about a bit.
I can actually your haksabanovic query,best over a pint.as it’s complex.
Keep saying your piece my friend
° not a racist bone or thought in Micks head.
HH
BIG WAVY on 23RD AUGUST 2022 2:15 PM
From @InsidetheSPFL, Euro ticket hikes for 10 years..
54% rise for STH – 70% rise for Non-STHs.
2012-13: STH’s £84 – Non STH’s £105
2013-14: STH’s £84 – Non STH’s £115
2016-17: STH’s £99 – Non STH’s £124
2017-18: STH’s £114 – Non STH’s £150
2022-23: STH’s £129 – Non STH’s £180
i typed it last week, be in cl groups = pay cl groups ticket prices
And then there’s Albian Ajeti, who is clearly not in the manager’s plans this season and is now the subject of speculation linking him with a move to Spanish football to newly promoted second division side Racing Santander. The Basque side have been in contact with Celtic regarding the Swiss international striker who cost Celtic £5m after signing from West Ham in the 2020 summer transfer window.
According to Spanish outlet Primicias, Ajeti sees the attraction of playing his football in Spain but the player has many offers to consider. Hopefully he’ll make his mind up swiftly and be away from Celtic before the window closes next Thursday.
“Racing de Santander requests the transfer of Celtic player Albian Ajeti, a complicated operation due to the offers that the Swiss player has but the player does not see bad look playing in Spain,” is the rough translation
So I’m a racist and or a c***t
Ah well I’m done on here
AN TEARMANN on 23RD AUGUST 2022 3:44 PM
So everyone who voted Brexit is a racist.
And Mick Lynch who voted for Brexit is not a racist.
I’m glad you’ve cleared that up.
DENIABHOY on 23RD AUGUST 2022 1:16 PM
According to Boyd (on Sky News) Morelos is showing up late for training, not training properly, not behaving properly away from training etc etc.
B,bbbut 2 weeks ago,he was the best player in Scotland.Better than Jota.
No idea why people are lumping Jullien in with Ajeti,Barkas,Bolingoli.
A very good CH for us,only bad injury hampering him from still being number 1 or 2.
Doubt if anyone said that Gene,
See a bit of baggage about Brexit OK,
It is obviously a total nonsense to say all who voted for Brexit are racists,
Just like saying all Celtic Fans are great people whilst all Hun Supporters are nasty & twisted.
People would have voted for different reasons but I do suspect that in certain areas Racism & English Nationalism did play a major part in getting Brexit over the line.
Personally I believe it was a mistake and that the UK will regret it in time.
Anyhow to be honest at this stage I couldn’t give a scooby about it,
My interest here is Celtic & nothing but Celtic, wouldn’t like to see us losing more Celtic Fans from site because of Political squabbling.
AN TEARMANN
Can’t agree with that.
Maybe every racist voted for Brexit, but you can’t say every Brexit voter is a racist.
All the best to big CJ, football is a ruthless business and doesn’t wait for you. If Jenz starts the next two league games then he is a definite starter for the Champions League, leaving Starfelt as third choice CB. Ange will have his team for Matchday 1 in mind already.
FFP. Uefa sanctions, if that is the appropriate word, will be weak and feeble. The gravy train will not be derailed. Real Madrid will not want their partner club over in Catalonia to be significantly weakened, not good for business.
3 match CL package. Reasonable. The suits probably took into account no supporter wallets emptied for qualifiers. Quite smart getting them out before the draw.
God bless the soul of 9 year old Olivia in Liverpool.
Rip Olivia
Prayers for the family.
Heartbreaking
Sam River rip
Ashley rip
HH
Jullian.
62 games (£10k per game costs)
10 goals.
3 trophies including a cup winning goal.
I feel he never recovered mentally from injury and the covid events.
Still has the consolation of a missus who was a dancer at the moulin rougue.
I will miss seeing her, i mean them around bishy.
Good to see Big Sanny get some game time
But not averse to seeing a back three with Cameron on the right and Carl on the left
Jullian ,for a guy around 6′ 6 ” a poor defender, easily bullied and imo a waste of money.
expect carl starfelt to be the next central defender to be on the move now that Jenz is here.
Ticket prices for the CL will be well below any other of the British teams.
We are asked to pay 32 quid to watch St Mirren away,and could fill their park.
You want to roll with Ange dream,you have to pay for it.
Double for me.
RC on 23RD AUGUST 2022 4:37 PM
Jullian ,for a guy around 6′ 6 ” a poor defender, easily bullied and imo a waste of money.
RC on 23RD AUGUST 2022 4:40 PM
expect carl starfelt to be the next central defender to be on the move now that Jenz is here.
Really?Jullien was no use and Starfelt will be off.
Sorry,both utter nonsense.
Are you sure you like Celtic.Right up there with the most negative of posters.
Imo, Julien was a fine CH. I wish him all the best for the future. Hope he rediscovers some form in his native heath.
Any word on the new arrival?
The CL ticket prices are reasonable and justified if you watch the games on TV.
I will buy the package, but that doesn’t stop me thinking Celtic could have used a wee bit of their 6 monthly profit to reward supporters who backed the team in such large numbers through and post Covid.
As for thems across the river. Who really cares what they do, after all we’re not half of anything.
HH.
Tom
We will differ my friend and prob best havered bout over a pint
As posted there is an ideological theory and justification for exiting.its a good theory.one I can understand.it fails tho in the reality of the market.
All else imo is a form of deep routed and inculcated anxiety that is in some of us(no me) that’s what my joke bout the Armada is bout,johnnie foreigner is a deep brain bogey man to this island race.
It covers all modern political parties too,
Those fears were farmed continually ‘ straighten those bananas’ nonsense repeated 49 times daily….alas now we have taken back control we are goin to make square ones :-)
It is racism Tom imo,at some point a fear,a phobia,a them/ us narrative sown,to highlight difference in our fellow man is played on.the full range and gamut of media techniques played,evert snider fear and insecurity voiced daily without definition of(still waiting) exactly it is…..who funded it?
Historically I think it will see the end of the union as opposed to taking back control(grabbing bubbles) of an empire that didn’t exist.
An example of self harm
Catch up soon
HH
.
AT,
Subsequently I’m sure you’ll agree that any political party that contains the word National is fundamentally racist.
The list is damming.
Cheers and HH.