FFP, Uefa moving and competing against death wish clubs

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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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323 Comments

  1. Ross County FC@RossCounty

     

    Following our match with Kilmarnock on Saturday, Ross Callachan and Jack Baldwin have today been charged by the SFA Compliance Officer.

     

     

    There will be a hearing for both players on 25th August

     

     

    No surprise

  2. Apparently two big clubs ready to bid for Morelos after being dropped from squad. Willing to offer a lot of pounds for his services……

     

     

    Two clubs revealed as Weight Watchers and Slimming World 🤣

  3. Jullien was very good for celtic and had he not been so badly injuried we would have got our money back for him at the very least. To many folk got caught up in the lack of physicality stuff after a couple of hard games against livingstone dyke on the AstroTurf pitch. 60 plus games and in a handful he was not great, most of the time he was very reliable an had so.e great games to boot. Good luck in France hope it works out well big man hh

  4. Lions roar 67

     

     

    I also don’t see CQN having a big racist issue to cause the level of concern that you clearly have.

     

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    It is small but it is there. How much is ok to let slip by?

     

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    It’s interesting you see yourself as some sort of frontline soldier for CQN on racism, Racism out with the social media bubble is of more concern to me personally.

     

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    No- it’s interesting that you see it that way. My concerns on racism are seen by you as “frontline soldiering”. Your concerns and interests are what? Legitimate? Common sense? More allowable?

     

     

    And there is a connection between online propagandising and the social movement out there. Recession and the internet have emboldened racists. Again – they see football clubs as hot recruiting zones. Celtic supporters, thankfully, have proved historically resistant to that message and long may it continue. But they are out there amongst our support and it was an Irishman on the link dog-whistling about immigration and co-opting Michael Collins to the cause.

     

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    I recall Paul67 replying to you on this blog, I think after a meeting at Blantyre CSC(it was some time ago) he considered you a personal friend, recently you were waxing lyrical about meeting members of Paul67 family, you are known for being CQN’S pretorian guard on CQN if Paul67 is the point of critical posts on the blog you are invariably the first to rush to his defense.

     

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    You recall more than me- what was the time scale for this- 10 years ago? Paul used to respond to posts more often back then. He has dropped that habit. I am far from alone in receiving a reply at one time and it is a thin basis on which to assert a close friendship. My “waxing lyrical” about meeting Martin 42 accidentally as he was set next to me at Hampden was a simple post about seeing an old poster who rarely posts here any longer and that habit has a lot to do with not wanting to read unwarranted criticism and insult of the host, his son.

     

     

    I do have a habit of calling out such posts. Criticism of the content of an article is one thing; criticism of the blog host and his personal values seems gratuitous to me. I feel the same for Mahe and Bobby on SC. These guys spend a lot of time giving a platform to all of us to spout our stuff, lyrical, frontline, or otherwise. You should not be expected to lick backsides for this nor should you get tore into the person. That’s just a value that I value and I believe most on here do too. Argue the point not the person. Call out racism/misogyny and not just the poster. I have no wish to and I cannot control how that is perceived by you or any other poster.

     

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    Clearly, traffic on CQN has decreased during CQN time in the Celtic blogosphere, and competition has increased, Sentinel Celts, for example, we all know how the world of clickbait works, shock jock controversy, arguments, insults, and fights get people reaching for the popcorn and clicking in, on the evening Kev-j was posting it clearly drew the clicks in, as you said yourself and I quote “All of the posters who chose to comment or “pile on” “ Kev-J is an easy target for some posters to ridicule and feel superior if he is the heinous racist agitator you suggest T, what does that say about who controls the blog that gives him the platform ?

     

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    I think all the blogs are reduced from their heyday. There are so many now and we seem to have splintered from broad churches into “sounding board” safety with like minded thinkers. It’s hard to go against any perceived orthodoxy on any Board, especially if you know you are going to get a backlash from the majority. That is not just a CQN thing- I see it on all sites and it’s a shame.

     

     

    I gave my views already on Paul’s toleration of this. Paul believes the internet was a force for good- a chance to democratise published speech and reduce the power of MSM to impose orthodox views. I am extremely sceptical of that- I think it has allowed the spread of silos of information reinforcement where belief in all sorts of irrational assertions has been on the increase. Both viewpoints have evidence on their side, I think the levers of social media are just as influenceable by money to promote the views of the moneyed classes as was the old press and TV.

     

     

    But Paul was always fairly libertarian over censorship. He’d draw the line about holocaust denial but go easier on Kojo’s reminiscences of how he liked towns better when there were fewer faces of colour. It’s a difficult line to draw and it’s open to debate but I still get incensed by any unevidenced arguments in favour of the superiority of any race, gender or skin colouring. If this was my blog I would not be willing to tolerate this and I would have called a halt on this long ago, B. But I’m not Paul nor as close to him as you asserted.

     

     

    My views are entirely my own- no other contributor shares these entirely-

  5. A loan for Haksabanovic would obviously make sense with no fee paid at this current time.

  6. AN TEARMANN on 23RD AUGUST 2022 4:52 PM

     

     

    So the UK leaving the EU was an act of self harm, driven by nationalistic nostalgia for an imagined past, but Scotland leaving the UK wouldn’t be?

     

     

     

    Help ma Boab, but I’m struggling to see any logical coherence there.

  7. bournesouprecipe on

    Who would win in a fight between loan with option to buy fight between Shane Duffy and CCV?

  8. Rock Tree Bhoy on

    Wonder if Julien will be allowed to tell us where it all went wrong, busted his knee preventing the ball going into our net and then shipped out when fit again. It is possible of course that his performances for his new club will tell us where it all went wrong. Personally I liked him in particular his cup winning goal in the Fraser Forster League Cup final.

  9. !!BADA BING!! on 23RD AUGUST 2022 6:06 PM

     

    Contract offer to Fat Charlie withdrawn

     

     

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    Withdrawn or ‘on hold’?

  10. bournesouprecipe on

    BBC evening new the day before “Rangers Champions League play off “

     

     

    How Bizarre CSC

  11. Withdrawn,he was warned about his weight,turned up well over,despite having longest pre season of anyone, continually late for training, sounds like they’ve had enough

  12. that is some rambling hyperbole on clyde ssb.

     

     

    I get the feeling Alfie has told them to effin off

     

     

    matt mcginn used to sing it.

     

     

    words by someone else.

  13. Ex British Tory PM explaining in detail why Brexit and the last 6 years have left Britain broken

     

    https://twitter.com/ThatTimWalker/status/1561462767277703172?s=20&t=lODF_Cg8DE4H-SoVe1YvVA

     

     

     

    Sunday times, Union has cost Scotland £64 billion last 30 years

     

    https://twitter.com/Pat_johnston/status/1561456768634523650?s=20&t=lODF_Cg8DE4H-SoVe1YvVA

     

     

     

    Lovely lady explaining on behalf of No campaign project fear, if only she had put all her fears on as bet an accumulator ker ching

     

    https://twitter.com/JaneyGodley/status/1557492096113807360?s=20&t=lODF_Cg8DE4H-SoVe1YvVA

     

     

     

    Mark Drakeford of Welsh Labour doesnt get the logic of breaking up the Union

     

    https://twitter.com/cbissex/status/1557110742402342914?s=20&t=lODF_Cg8DE4H-SoVe1YvVA

  14. GREENPINATA on 23RD AUGUST 2022 4:55 PM

     

     

    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.

     

     

    ≈≈=======================

     

    No Gp

     

    In a Scottish context no more damming than that of bad socialism in the past or bad conservatism Gp

     

     

    Your fight for the union is based as all politicians is on how they get power.no Scotland no power.simple as

     

    In a UK context for your mob

     

     

    The snp are that vehicle, they are the ones in power in a devolved govt,democratically voted by the majority in Scotland,not you or I but the majority

     

     

    Scottish Labour would soon seek out a road to power in a future Scotland and we will vote as always what is best.

     

     

    Words like nationalism used the way your inferring

     

    must include British Nationalism.

     

     

    Anyway best for a pint

     

     

    HH

  15. Probably won’t catch on, no matter how much Terracing Tam* might hope it will, and I doubt if the Parkhead DJ would ever make the connection, though I read that Celtic have an official sponsor called Nirvana so you never know, but am I the only one who sees a ready made anthem, from the Kingdom of Fife no less, to accompany any goal ever scored by our new arrival from the East, also recorded by the mighty Guns and Roses…..

     

    “Now You’re Messing With Haksabanovic” No?

     

     

    *Not to be confused with Polythene Pam

  16. Comparing the UK to the EU?

     

     

    Help ma boab I’m struggling to see any logical coherence there.

  17. bournesouprecipe on

    Pleased to a have Chris Jullien off the wage bill, given the reports of what he was earning at Parkhead. Want aways serve no purpose when they are injured and bored taking to social media. Jullien has never at any time been in Ange’s plans his time was up at Celtic, probably as far back as the I’ll fated Dubai trip.

     

     

    Debatable is the fee paid by Montpellier but a year and a bit is a long time to be out, we got a good season out of Jullien before injury he helped win the league and we picked up money for his last year of contract in which we’ll also save the best part of another million.

     

     

    Good business by Celtic, the club moved on a last year whilst the player was out injured.