BDO’s survey of British football clubs suggests control, if not complete sanity, has descended on Scottish football. Most Premiership clubs surveyed predicted they would return to profitability over the next year.
On the back of Phil Mac Giolla Bhain’s article on former Scottish Football League chief exec David Longmuir’s bonuses, which are no longer payable, these are heady days for some clubs who have lived hand-to-mouth stuffing pork into Longmuir’s trough. You better believe it’s financial Armageddon, for the former SFL man. The SFA will surely insist on inappropriate financial stain is left on our game.
Anyway………. It seems if I explain the structural gap between Rangers International’s earnings through season ticket sales and the costs of operating a football club which can facilitate circa 40,000 spectators on a regular basis, we can all figure why the gap cannot be bridged. We are different because despite having enormously higher football costs, we can access enormously higher revenue streams.
On the other hand, explaining that Celtic’s operational costs need to be augmented by player sales and/or Champions League income, just to break even, and that player sales and/or Champions League income cannot exclusively be used for player purchases, amounts to a heresy against deeply held orthodox views.
Add in a reminder about the strategy which has made all the difference to Celtic – buying wisely, selling wisely, and sit back to watch a secular belief structure ignore the ‘every penny to be spent’ prediction and vent as though their deity has just been denied.
This stuff’s complicated, apparently, but paying attention to financial detail is not a required Obligation to support Celtic, so if it doesn’t float your boat, I’d start by demanding to know where all the Seville money went to….
I hear the Daily Record accompanied their – Imran Ahmad to sue Rangers International for £3.4m – story with a completely baseless story about Celtic losing out on the only transfer target they know about. They were wrong on some of the Ahmad story (Charles Green may have produced the documents Ahmad would rely on in court, but suggestions they are in concert on this claim are wildly inappropriate). Still, it plays into current orthodoxy on Charles Green.
Going on what they’ve written, they know nothing about Celtic’s transfer negotiations either. Absolutely squat. Percentage of Celtic fans who know the media’s game: 100%. Percentage of Celtic fans who allow themselves to be influenced despite knowing the above……?
If these people have you panicking, look elsewhere for sympathy. We have a team building strategy, it has delivered well thus far and it will continue to do so. Buy wisely, sell wisely, spend every penny over a given business cycle. Pretty straightforward, really.
Magic Money Deity Denier CSC.
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Philbhoy-defensive midfielder,not the main priority i would suggest..
mccourt for 7
And do you think that we’ve been wise to let go 3 of our best players (the spine of the team!) without finding suitable replacements at this stage?
Too upbeat Paul. Sack the CQN! I demand to know the percentage of Celtic fans who allow themselves to be influenced despite knowing the above……?
WITS/GTTF – we can’t afford ready made replacements, but we pay a lot of money to our scouting networks to identify the players who could become CL type players.
Bottom line – the current group of players available to Lenny for the CL qualifiers are collectively not as good as the squad he had available last summer IMHO! How can that possibly be part of a successful strategy?!
79 – this strategy isn’t rocket science and you read my mind re Ajax! They were doing this stuff twenty years ago. Udinese, Auxerre and Porto have all implemented similar strategies over the last ten/fifteen years.
HH
TTTT
shieldmuir celtic
13:09 on 13 August, 2013
FGS, Mhan…….will you stope tellin’ the truth ……. You’ll leave them nothing to moan about ……..
Longgggg time since I drank in a pub next to Celtic Park, so don’t hold yer breath, and I own you a pint for?
Well said P67 – some of the comments on this blog over the past few weeks have been v depressing. We know what Celtic are about, and have been about, with great success since NFL got the job. Keep up the good work! :)
Owe=owe
TET
Hope you’re well fella!
You know me, I’ll go where ever Celtic are playing (within reason!) but I really am exasperated at our lack of foresight to at least replace 1/2 of the bigger name players we’ve lost.
hamiltontim
13:14 on 13 August, 2013
Moyokoly, Balde, Bert….and others…and existing players….AND we are still in there looking to produce more BHOYS …….HH
I see a clinic full of cynics
Who want to twist the peoples’ wrist
They’re watching every move we make
We’re all included on the list
Mon The Spivs!
We get all these mainstream journos offering advice to Celtic on how to spend their transfer budget. I believe one even quoted a figure of 40m for said budget.
What I find interesting is those same journos when asked about Rangers financial dealings or lack thereof threw their hands up and proclaimed they were only journos and not knowledgeable in the world of finance. Funny that innit. :))
67
Do you think any of those mentioned are suitable replacements for those we’ve lost?
I’m learned to ride the waves of the transfer window.
Que sera, sera.
DorisDeityCSC.
!!Bada Bing!!
Cheers!
Probably any signing now would give us all a lift.
Bom dia, senhores.
A few snippets from here in Brasil.
1) As some of you know (Josimar for one), our CSC sponsors a few boys clubs here in Rio. Last week we took on the “professional” might of Zico’s CFZ Boys Club set up and played them off the park at all levels (U9’s thru U15´s).
This wee foto sums up a great day (you may need to mess around with the resolution to see the full effect).
http://www.rioceltic.com/photo-gallery/?album=9&photo=112
2) Was watching the Coritiba (who regularly mimic Celtic for strip ideas) last weekend and thought I recognised their new third “Green Hell”. Sure youse will to.
http://www.footballshirtculture.com/13/14-kits/coritiba-fc-1314-nike-third-qgreen-hellq-football-shirt.html
Dontpatmadug
How very, very, true.
The division on here about our clubs fiinances seems to have been cranked up a bit ,some of our best contributors with completely opposite views .
May i suggest an old fashioned square go , a heavyweight contest going by the Aberdour photies.
My italian background dictates that i haven’t decided which side to join and reserve the right to change sides at any time
Paul67. I demand to know where has the Seville money gone.
Do you think we are all just stupid paranoid cynics or what ?
Players all over Europe are desperate to walk over some well trodden broken glass to play in the SPLfor a fraction of their EPL potential wages.
You and that dodgy board must think we are all financial incompetents.
And a taxi driver told me for sure it is that dodgy looking security guy that sneaks out all of the cash for dd and PL.
Hi philbhoy hope you are well and had a good holiday
Hamiltontim
How do we know it was a lack of foresight could be our targets don’t want to come, Rudnevs for instance I have a feeling was one of our targets, granted we should have others but we saw how long Hoopers transfer dragged on, in this day and age it doesn’t seem to be that simple to say, that player here’s the money cheerio!!
If you check back to last summers CQN it’s pretty much the same as todays!
For the record I think we will beat the Asian mob over two legs and our new striker will play the second leg…
The pressure of having to play three qualifying games before the end of August isn’t just for the fans but for the whole management team.
Hail Hail from the Valley..
HT
Good thanks.
We are of the same thoughts on this.
I said last night we are a bit of a shambles just now, we will get there, pity that Virgil was injured, a first pick when he is fit for sure, Derk, superb addition to the team, again pity he is injured.
But they won’t replace 67 and 88.
HH
please stop feeding the troll
News that Imran Ahmed is to reinvest back into Sevco any settlement or damages paid to him by Sevco is rather interesting set beside news that young John Fleck has demonstrated for the first time a technique for pulling one’s self up by one’s own bootstraps.
you know who it is
Burnley78
You’re correct we know that it’s a hard task to try and persuade quality players to come and play in Scotland.
Knowing this, why did we then sell 3 of our best players before ensuring that we had adequate provisions in place?
Valley Exile (Not in Administration) @13.17
Thanks Pedro
Where is the £440,000 we got for Dalglish?
What happened to that money?
On top of the Seville cash, thats a fortune we have got.
borgo67
All well and had a great holiday, thanks!
Hope you and yours are well too and kindest regards to your sister.
I like your idea about a square go!
A wull hod the jaikets!
HT I am not as comfortable of winning the qualifier as I would have been had we replaced Hooper. I think that we have enough midfielders to cope and probably central defenders. My worry is that we do not have an out and out goal threat. Now I don’t care if it is the lad Finnbogossan or another goal scorer but I do believe that we should have had someone who plays in and around the box and can score the “typical strikers goals” which from what I have seen up to now we don’t have. Just my opinion.
KTF
HH
79caps @ 13 02 .
Udinese bought Vydra for 800 k euros in the summer of 2010.
They sent him on loan to Brugge .
He suffered a bad injury . He returned to Udinese .
He made 2 appearances [as a sub ] for Udinese .
He was loaned to Watford [ who are owned by Udinese ]
He has now gone on loan to WBA .
Udinese have lots of players out on loan [ it helps keep their development costs down ]
One for the clappers….on the other hand, maybe big rogic can fill the VW role, and we saw the potential of amido and lots of good young Celtic players against Liverpool…So. that would leave us only needing a decent proven striker….and if PL does the business, we are laughing all the way to the group stage…
Don’t say im not fair :)
HH
We’ve signed 4 players Two forwards, two defenders. Three of the four IMHO look like the real deal, the other one is broken.
If we signed another half a dozen there would be folk asking for more, or better quality.
Our template is a good one, we need to stick with it. I’d rather see Watt, Irvine, McGeogh, George, Fraser given a chance rather than buckshot the transfer market.
We are doing really well at the moment yet some are bitching like we were in a nose-dive.
prophetofregret
13:24 on 13 August, 2013
please stop feeding the troll
———
Who?
hamiltontim
13:20 on 13 August, 2013
We can only live in hope and pray that they are……and, like Vic etc, Neil will provide any development required …….. They have the platform, and we can onlybwatch them progress, or otherwise……the Dublin trip ‘flattened’ a few negatonians, in the MSM also….HH
philbhoy
We are all well thanks , wee fella about to start school so it’s fun and games at ours.
My sister was speaking to AnneMarie
.
I Can sense Willo Flood is going to be Mentioned today..
Just a Feeling Mind You..
Summa