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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When I read this last night I promised I would post it for the day time readers.
NO apologies if someone else had the perspicacity to do it before me.
Tom, the spotlight is all yours
——-
tom mclaughlin
04:27 on 13 August, 2013
I happened to be in Liverpool over the weekend of the Hillsborough disaster and the following week. I have a lot of family in the city, mostly Evertonians. I was in the Barley Mow in Cantril Farm with my cousins playing pool and enjoying the craic in the build-up to the game, which was on the TV.
The atmosphere as the tragedy unfolded was something I will never forget. There were no mobile phones in those days and there was a queue at the one public phone as anxious customers strived to check on connections who might or might not be at the game. As time went on, you could hear a pin drop as people crowded under the TV screen.
That evening, we all sat in my uncle’s house and there was a feeling of numbness as the constant TV coverage told a steadily worsening story. Sunday morning a few of us went to the Cathedral. The area around the altar was already bedecked with dozens of tributes. As we sat quietly, the calm was occasionally shattered by the sound of people wailing, and I mean wailing. It was pitiful and it shook me to the core. I watched a grown man break down as he read the many tributes. His family carried him bodily to the back of the church. I saw a middle-aged woman fall to her knees and call out a girl’s name, presumably her daughter.
Before long we decided to leave. We felt like intruders. Six of us walked back home in complete silence. The two girls in our company wept openly. The rest of us fought back the tears. The feeling inside me was awful. Also, for some reason I felt very scared. Maybe because I knew that those poor Liverpool fans were just like you and me . . . ordinary people who enjoy going to the match and supporting their team.
We went to Anfield on the Monday and joined the procession there. I laid my Celtic scarf with the thousands of other tributes.
During the rest of the week, every pub had raffles for prizes contributed by local business people. Every time somebody won a prize, eg a bottle of spirits, it was immediately handed back for another raffle. The atmosphere had now turned to one of empathy and solidarity. These people were truly united in grief. Every day we saw one funeral cortege after another and more broken mothers, fathers, brothers, sisters, sons and daughters.
I don’t want to see anything like that ever again.
Several of my Liverpool family came to Celtic Park for the benefit game. They were stunned by the atmosphere and still talk about it to this day.
It took me a while to get some of the images of utter grief out of my mind. I had nightmares. My wife at the time told me I was in need of counselling. Like a typical male, I brushed that sort of talk aside, mainly because I thought my pain was as of nothing compared to the poor people I had seen in the Cathedral on that terrible Sunday morning.
Celtic and Liverpool.
You’ll Never Walk Alone.
The Lurkin Zombie
Incidentally, thanks for allowing us low down mine shafters a voice that others Celtic fans would deny us and for allowing folks to question the club, unlike the sevco hordes
Twin Strikers
RobinBhoy:
Meant to add, do you really think Virgil van Dijk, at 22 years of age, with his experience, is Celtic – in Europe – class?
Also, do you really think, Steven Mouyokolo, with all his injuries and experiences. is Celtic – in Europe – class?
And believe me mate – I never slag off Celtic players for the sake of it or for point scoring either.
Are those two players the benchmark of our ambition?
!!bada bing!!
I’m aware of the visa situation but I’ll be first to admit I don’t know the specifics or time frame. I was more saying I’m happy enough going into this match as we are but wouldn’t be shocked if we do have an impressive looking signing by the time it comes around, or at least for the home leg. On the prospect of not having enough time to learn names or tactics, I wouldn’t be as concerned, particularly if it was a striker. I’ve seen plenty players make impressive debuts only a couple days after arriving. I’d be lying if I said I’m not a little bit concerned about our central defence after Wilson going in what seemed quite abrupt fashion though!
Wee Angela Haggerty on the warpath after gratutitous gingher posts on CQN….!
Hell mend ye!
T4
A Stor- we’ll soon find out ;/)
Geordie Munro:
My point is – you can hype a player all you want, the player might have ten bookshelves full of medals, but if he doesn’t do it in the mud of Scotland, then he ain’t no good for Celtic; regardless of his reputation. I’m sure you can thin of a few big names and a few ‘prospects’ that have failed miserably trying to live the Celtic dream and initially being spanked lyrical on here too.
Good afternoon all
A big congratulations to Mr anD Mrs Jobo on 25 yrs of bliss.
Just had a shower and a shave, and ye know what, I scrub up quite well, even if I say so masell. :))). Right off oot to Tesco wi you know who. And that’s after 44 yrs. :))
Weefra HH
Celebrity Mineshafters
Financing the Club
83 % of EPL clubs rate their finances as very healthy, 17% of EPL clubs say their finances could be better but not bad, 0% of EPL clubs stated their finances neither needed attention or were a grave cause for concern…………………………………………..
Only three out of ten finance directors rate their club’s financial
situation as ‘very healthy’ – the same result as in 2012 – and there
is a wide variation between the different leagues, with 83% of EPL
respondents enjoying good financial health compared to just 14% of
FL1 respondents.
Almost half (48%) say that their situation ‘could be better but is not
bad’, while 22% of respondents’ finances ’need attention’ or are ‘a
cause for grave concern’. This figure is up from just 13% in 2012, while
over a third (36%) of FL1 respondents admit financial difficulties.
Full report below
http://fcbusiness.co.uk/cms/thesite/public/uploads/uploadsbank/1376383081_229.pdf
Hunterlopers should be welcomed on CQN not exposed and banished forever.
It is our remit to spread joy and happiness to the entire footballing family, and Govan.
Anyway if they don’t come on here how will they ever find out the truth with what’s going on over at Dodo FC?
Dear Oh dear.
Benfica want big Fraser, what you waiting for Pete, get him sold, then we can dazzle the oppo with the balance sheet >}}}
Geordie Munro @ 14;30,
Thought Derk was injured lasy Season and was recovering, will bow to you better knowledge.
If The Lennotown boy can get Steve Mouyokolo fit he could be a great signing.
Hail Hail
Dontbrattbakkinanger:
Yes we will soon find out. Tell me, I think it is a gamble not worth the risk, but I’m nobody, I’m just a very concerned and distant supporter, but you, do you believe it is a gamble worth the risk?
tonydonnelly67
12:38 on 13 August, 2013
Some sad moaners on today
~~~~~~~~~~~~~~~~~~~~
Hi,Tony. I understand-forgive me if I’m wrong-that you are of my Dad’s generation. With bitter memories of the post-war drought.
Accordingly,we are in a better place now than we have ever been,and why can’t the mineshafters get that?
Pretty much the argument from my Dad,and seemingly from yourself.
Well,we CAN see that. We also remember a history littered with occasions when we haven’t built from a position of strength,as what we had “was good enough for last season,and “you’ve never had it so good”,etc.
All pretty fair points,tbh.
But why do you feel it is necessary to have a pop at other posters who,by offering a constructive critique of the club as they see it,only want further improvement.
The “good enough last year” idea leads to stagnation. The “sell the spine of your team,fingers crossed” approach will inevitably fail at some point.
And when we reach that point,it will take much much more to correct.
TBB
regarding phils claim about imran ahmeds claim for 3.4 million quid
i cant help but feel that sevcos spending policy is reckless since they dont intend to pay their bills anyway
and they are working on the basis of we might as well go into admin for 10 million quid rather than 1 million quid, the end result is the same regardless of the amount owed
ie the debt gets ditched again
For any hun lurkers – Laxey Partners bought 3.25 million sevco shares and gives them a 4.9% voting right – according to @bbcchrismclaug.
bournesouprecipe
14:35 on 13 August, 2013
Twin Strikers
The Gravesen Twins…..I think not
Are sevco dead yet ? HH
timaloy29
14:33 on
13 August, 2013
You quote from a post of mine but then confuse the life out of me as to whether you’re supportive of it or not!!! :-)
To clarify do you think we’ve found suitable replacements for Wilson, Hooper or Wanyama?
A Stor Mo Chroi
Virgil Van Dijk comes to us with ringing endorsements from a variety of Dutch internationalists.
He played two seasons, 60 odd games at centre back for Ajax who play in a better league than we do. So is he Celtic – in Europe – class, definitely. Otherwise would Lenny have bought him?
I would play Mulgrew at left centre half given the current squad. The rest including Steven Mouyokolo are back ups until we either sign someone better or the new bhoys prove their worth, or not as the case may be.
Our ambition is limited by the league we play in, most proven players will not come anywhere near Scotland, neither can we afford them so whilst it would be nice to drive a Jaguar, we have to settle for a Ford and try to sell them on as Jaguar’s.
A stor,
I hear you mate and understand your point.
But what I canny grasp is you seem to think this is unique to Celtic.
Not bad,it only took a couple of days of this debate before we had Stephen Fletcher mentioned
Aff oot! To quote a well known poster………..
.
Maybe this is The Spın̈al Tapped Window..
Summa of SpinelessFootballBandOfBhoysCSC
Weefra
You taking the hens
Or just the Hen
Timaloy29
The goalscorer/striker we need, has to be similar in value or greater than Hooper. Both in monetary terms and goalscoring ability.
Chairbhoy,
It’s not my better knowledge mate. I’m just picking up on what a poster said on here last week.
I can’t remember the exact figure but I’m sure it was said he played 30 or so league games and every champs league group stage game….or somert ;)
IF Forster wants to play in Portugal to get into the England team then so be it, lets take the money and get the Elfsborg keeper who impressed in both games against us.
Bournesouprecipe
HamiltonTim
If we sold Foster for the money that would be weakening the spine. If he insisted he wanted away that would be weakening the spine but not through choice.
Players have clubs over a barrell, a factor ignored in the lack of planning accusation.
They decide if they want to go or arrive. Clubs have little or no control over this.
The effect in terms of strengthening or weakening is the same but to put the blame all at a club’s door is to ignore that reality.
However Im crying foul. The debate has been on what has not happened and you two neerdowells ;) move it to what might happen?
What if Messi signs for us eh? That would put yer gas at a peep. :)
celticstateofmind-HH I will steer clear of the blog if we slip up in CLQ….
Robin bhoy,
I think you have yer derks and van dijks muddled.
Or yer Groningens and Ajaxs
To be shoor.
cumbernauld no 1
14:45 on 13 August, 2013
Laxey Partners?
It’ll be laxative partners when they finally see what they’ve bought into.
Gordybhoy
Its either Fletcher or Hitler.
Celtic won’t ever be able to sign established CL players.
We tend to have one of the lowest budgets in the competition!
Murdochbhoy…….
Zaluska can do the job, no need to splash the cash >}