God love Packie Bonner, spend “£20m to £30m to bring those quality players the fans are desperate for”.
There are two opposing world views: one where people call for unaffordable money [those figures would be]to be spent because fans of a football club are “desperate”, the other where people want football clubs to spend what they can afford.
The latter group remember football’s crash-and-liquidate days – and learned the lessons. The former also remember the crash-and-liquidate days, but they are impervious to lessons.
We can debate what the size of an affordable spend is, but a couple of parameters have to be observed:
If it increases the cost base to such an extent that a reversal on the field would plunge the club into financial disarray, it’s unaffordable.
Players need to be appropriate for the environment – with neighbouring clubs earning £100m each season from TV deals, only players of a certain profile will play for a club with a considerably smaller wage bill (and turnover).
We live in a time when Scots Steven Naismith went for £8.5m (1 goal in 9 starts) and Ross McCormack went for £11m. These are common values for this calibre of player. We all want Celtic to improve, but that will not be achieved by spending unsuitable or unaffordable money. Packie, think back to Valentine’s Day 2012 and add a dose of perspective.
Get better at scouting, get fitter, improve the coaching – and spend everything you can afford, not any more. That’s the model for Celtic.
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Ellboy on 10th May 2016 6:07 pm
Cheers!
RobertTressell on 10th May 2016 6:14 pm
I look forward to your point-by-point refutation!
Demo lennon at top of this page. You made that up. Nonsense.
RobertTressell on 10th May 2016 6:19 pm
Made what up?
Damo – if it wasn’t an utter waste of my time I would. I have a life however and having wasted too much time on here arguing with tories, daily mail readers (and believers), zionists and other unfortunates, I’ve learned my lesson.
Go read some reputable books on the subject. That would help. Wikipedia is not the answer.
Damo – I refer you to my last answer.
For the record Damo – I agree with you on Roy Keane. Not for me.
RobertTressell on 10th May 2016 6:22 pm
Oh, so you can blithely dismiss a detailed, well written post without the need to actually address anything it said?
But don’t expect to be taken seriously when you advise to go read some, “reputable books” on the subject – no doubt written by people who hold the same prejudices as yourself.
67 Euro Cup Winners,
DD wanted Roy K before RD – but PL had his way and RK was sent packing
According to RK, he was told ‘the job yours’ by DD. After then speaking to PL, he was told that he couldn’t select his own assistant. There was no negotiation on the salary (‘that’s it’) and he was warned about clauses in the contract offered by Celtic by his lawyer.
He thought about it overnight and called DD to decline the job. He ends his version of the events in his book,
‘right job wrong time.’
My guess would be that PL would prefer anyone else but Keane. He has the potential to cause bedlam for our CEO.
Roy Keane – Yes please, he’d be the man to sort out all those passengers, his way or the highway, right now we need some of that.
Time to call it a night.
You wouldn’t think that there were implacable foes out there or a campaign against corruption to fight. I suppose that at least the Romans could enjoy Nero’s impromptu fiddle concert.
Oiche mhaith to anyone still lurking.
st.dympna.csc
ROBERTTRESSELL on 10TH MAY 2016 6:14 PM
“Inaccurate”?
Go watch these three excellent programmes, you might just learn something.
http://www.bbc.co.uk/iplayer/episode/b017znj7/jerusalem-the-making-of-a-holy-city-1-wellspring-of-holiness
http://www.bbc.co.uk/iplayer/episode/b0186b56/jerusalem-the-making-of-a-holy-city-2-invasion-invasion-invasion
http://www.bbc.co.uk/iplayer/episode/b018jlj0/jerusalem-the-making-of-a-holy-city-3-judgement-day
For anyone who might be interested. This three part BBC documentary gives a chronological & accurate depiction of the history of Jerusalem.
Not on to debate.
14 of us going to Rome in October,can anyone recommend a decent city centre hotel a good 3 star or 4 would be ideal HH
Yesterday we had the old generation of domination nonsense, now we have poor old packie bonner getting the the old” 4 legs good, 2 legs bad” treatment because he has the audacity to suggest celtic spend some money.
yeah yeah he is a soup taker/ old firmist blah blah.
Only true believers need apply.
Sad what has happened to the blog.
Tomorrow North Korean Celtic Quick News.
Our Glorious leader, dearly loved, Pee Tar Law Well has decreed that all pro imperialist lap dogs will be banned from all things celtic until they have been educated in his master plan.
BBC Wales saying Swansea will offer Guidolin a new contract this week.
“spend “£20m to £30m” Big Packie is 100% correct we want to see some ‘real quality’ in the team. Perhaps someone could list an estimate of how much money we have flushed down the bog recently with some of our purchases. For every Vic and Virgil there have been 10 Amido’s. Just how much money did we waste? But heaven forbid spending a bit of money on some real quality.
Two traitors to the Irish Republic from Cork – Michael Collins and Roy Keane. Celtic can do better.
Anne duff
Very silly comment
A bit of discussion earlier about how our CEO’s pay relates to those of FTSE 100 CEOs. Here’s a useful reference source: https://www.haygroup.com/downloads/uk/Exec_pay_in_persective_press_release.pdf
The average FTSE 100 CEO earns about 0.06% of company turnover and 0.5% of company profits. Our CEO earns around 2% of turnover and around 10% of company profits
Admittedly Scottish football is inherently less profitable than FTSE 100 companies), but I would say our Pete is still doing pretty well by comparison with his FSTE 100 peers.
“A bit of discussion earlier about how our CEO’s pay relates to those of FTSE 100 CEOs.”
Peterlatchfords,
There wasn’t much of a discussion.
Someone said he picks up a ftse 100 ceo salary and someone else posted that the average salary was £4 million pa.
Topic ended.
HH
PS against the measure of earnings against company turnover it appears our CEO is making more than 30 times the average FTSE CEO. Mind you those guys are so famously under remunerated….
By Christ, the Level 5 lads are putting in a shift today.
You know who you are.
PPS I’d gladly defend Pedro’s pay if he used his power to stand up to the SFA on the rigging of the game in Scotland.
Ann duff
Beat it
This is my week to post contravential stuff that promotes unhealthy debate:)
Anne Duff,
Don’t show your ignorance!
Have to agree with Paul67 re big Packie’s ‘spend spend spend’ encouragement, look how that turned out for deidco, why on earth would we want to head down the same road…nope sorry Packie, stupid idea.
Man U bus smashed up by WH fans,now 8.30 ko
Lot of crap on here about big Packie earlier today. My brother in law was the agent for his recent book. Very much a scholar of the game. Cares deeply about Celtic and absolutely detests Sevco.
Some say Moyes would be great, some say he would be crap.
Some say Rodgers would be great, some say he would be crap.
Some say Keane would be great, some say he would be crap.
Some say Lennon would be great, some say he would be crap.
Just as well or new manager will be none of the above -:))
Glen Daly
Is it Gru?
https://twitter.com/dreamteamfc/status/730098433491611652
The lunatics have finally taken over the CQN asylum. Wibble!
Glendalys,
Montgomery Brewster it is then :)
https://youtu.be/bXEglx-or6k
HH
Evening all. ‘Mon the Hibs!
I’m still hoping for Brendan Rodgers.
HH!!
TBJ and Geordie
Good shouts but you’re not even close………but Peter swore me to secrecy.
The only way to find out and beat the bookies, is to deposit large sums of money in my Nigerian bank account.
I was gonna complain about the whole Israeli thing but then it scared away Tony Donnelly.
Please carry on………………..
And winnings. Maybe the new good news is about the club ensuring that we don’t run out of paper towels in the toilets by charging 5p per sheet?
Makes good business sense after all and will prevent waste.
You could maybe get an employee there to hand them out and take the 5ps. I was gonna say on minimum wage but big Pete and the board would probably franchise the role and make some more cash out of it (they could sell after shave n condoms and the like).
Excellent news for Celtic supporter that would be?
Me too Tallybhoy