While I was busy telling one of my first bosses how much money we were going to make in a year or two, he made a comment which has remained with me since, “If you don’t make some sales next month, we’ll not be around to find out if you’re right.”
Plans for 2022 don’t mean a fart to a company which is haemorrhaging cash, billionaire funders, nomads and auditors, all the consequence of a two year war of attrition as newco Rangers tried to fight off an insurrection.
There are literally thousands of metrics you can use to compare the prospects of football clubs but let me draw your eye to a couple, which will give you real insight into the future.
Last season Celtic had 475 “full time equivalents” in employment, 318 people in non-football roles and a further 157 in football operations (players, coaches etc.). If the average pay of those 318 non-football full-time staff was £25k (I doubt it’s this low), their combined wage bill would be just below £8m. Celtic’s total annual wage bill was £37.766m, total operating expenses were £59.885m.
If you want to win the Scottish Premiership, this is what you’re competing against.
Newco Rangers announced operating expenses (before amortisation) of £15.684m for the six months to 31 December, which included £6.7m wages, covering both football and non-football staff. If the figures for the second half of the year are consistent with the first that would give them around £31m income and a £13.4m spend wages. Income is around half Celtic’s expenses and wages a fraction of Celtic’s
What newco need is tens of millions of pounds of investor cash, the £50m Dave King spoke about ‘when in opposition’ is not an overestimate.
Anything they say before “Here is the £50m investment we need” is there to take attention away from the fact that they haven’t said “Here is the £50m investment we need”. When they say that, they’re in the game, until then, they’re cannon fodder. When they stop talking about the £50m needed, they know it’s not coming.
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Sipsini , thanks for putting the linkup for phil – like paul , he gets revenue for hits so although people try to help by c’n’p his articles , ultimately it’s doing him out of money .
Folks , just a quick update , total is in from our dance on Saturday and we are chuffed, pleased and generally thrilled to announce that we raised over 11K from the event . thank you so very much .
That basically pays for ours tickets for next season – Hail Hail. If you missed what the money goes on , have a wee watch at this http://www.thekanofoundation.com/?p=1927
PS. And just to show it’s not only T in the Park that can do it , we are taking early bookings for next years event . If you are interested , drop a line to contactus@thekanofoundation.com , mentioning EOS16 CQN in the title and we’ll file your details away for later in the year . Date is looking like early April 2016.
HH
Sanna
Forza Azzurri.
Running the show!
shamrock hoops. You sure its not Engerlund ? H.H. :- )
Captain Beefheart
“Why are our CL preparations usually shambolic?”
Exactly – it’s almost as if we are doing it on purpose – season after season.
Get that right and the rest will fall into place.
Cannae be that hard, can it… ???
To be positive,
Celtic have a lot of advantages. We must build on them. Some fine scouting has taken place. Yet too many shortcomings are still apparent.
I am still raging about our shambolic pre season.
Alexei Mikhailichenk describes the six-month RIFC accounts as “disappointing”.
I have not read All of the previous posts but can anyone tell me regarding the Liam Henderson situation,did Ronnie ask Rosenberg coach (Kare Ingebrigsten) if he could take Liam on loan for more game time/1st team experience or did the Rosenberg coach ask Ronnie if he had any young midfield players he could use for the run in to the end of their season.HH
Netherlands v Spain live on MUTV, what’s that about? Apart from money.
Sanna
Fantastic effort. Well done all, in the true spirit of Celtic. I had a great night in great company. Thank you for all you do! Magic.
Zico,
Dunno, but the Norwegian season hasn’t started.
HH
an tearmann
16:29 on 31 March, 2015
I was reading back and was glad to see you are meeting KK for a beer.
He and I had many a blether on the Betfair forum trying to educate the dark side, before giving it up as a bad job
One of the good guys on here, give him my regards
mark hatley says losing Deloitte is like a new resigning
Barnes playing the race card. Listen pal you were p*sh end of story.
coneybhoy
20:32 on 31 March, 2015
Bgx
That song depicts events from 1940. Flower of
Scotland rejoices in a victory over England in 1314.
Who needs to get over it first?
…
You prefer the verse in’ God save the old Anglo Saxon’ which has them .. ” crushing rebellious Scots ” …
Of course you do ;)
Listening to the two muppets on coMmentating on ITV is like listening to a rehash of the huns ‘world records’
“Toon remain £129million in debt to Ashley despite posting huge profit” – an inspiration for us says Alexei Mikhailichenko.
I’m absolutely deloitted with the Sevco accounts to be sure.
Dont see why everybody is down on Harry Kane. He has an Irish parent.
Seriously, the boy looks like he really enjoys his football- not that common these days.
Coneybhoy….just something i read with regards to anthems was that most of them rightly or not sing, celebrate or enthuse about ones country or an event in ones countries history….Gstq…sings about an Indevidual…i dont think thats right…just saying….
Evening all,
I’m thinking of taking the youngest (14yrs) to Belfast next week for a couple of days. She’s keen to see the Titanic museum etc. I’ve driven through Belfast on my way south many times but never had the pleasure of visiting it before. Any one got any tips/advice regarding things to see or which hotel would be handy for getting about??
Tripadvisor CSC
HH
Harry Kane in his other job
http://youtu.be/Gu9d2e9Pj6Y
HH
Boydychenco for coach he must be taken over from the Bigot bus driver
Pelle misses a sitter .. Italian fans call for Boyd as substitute
Kris Boyd coaching, I can just picture the scene when he does a JC and shows the young players his six pack.
And if they do well he’ll maybe share a couple of tins with them after training.
Popped into the kitchen @ half time to make the packed lunches.
All made already. Thanks ‘Arry
HarryKaneSavesTheDayCSC
HH JamesGang
Geordie Monroe
Thanks for reply,You are correct regarding the season not having started yet,but I think they have transfer windows to adhere to as well.I was just wondering who used it.Anyway I wish young Liam all the best the same as everyone on CQN apart from maybe billy bare!.HH
Zico,
My own personal thoughts is that Celtic made the first move.
HH
petethebeat
It’s the press who we are having a go at
They have the boy as the new saviour
Read on here yesterday that Sterling had rejected £180k per week from Liverpool
Shocking
Norwegian transfer window slams shut at midnight tonight
Sanna,
As you say, posting the link is the best way to aid our bloggers, as well as the the odd donation when affordable.
Well done on the Kano night to yourself and all that made it happen.
I will definately make the next one, as long as you promise not to break any of my bones with a hug :))))
BT
You would need to pay me more than £180k to spend a week in Liverpool ;)
Geordie Monroe
I would tend to agree with you, but a few of our youngsters have been loaned out in recent times,Just a thought.HH
tbj
Coz your a Manc 8))
The place obviously
Tbj
Thanks for information regarding Norwegian transfer window.HH
BT,
That’s only half the story regarding Sterling.
Only rumours but I applaud him on his stance.
HH
Geordie
Can you expand?
blantyretim is praying for the Knox family
20:57 on 31 March, 2015
petethebeat
It’s the press who we are having a go at
They have the boy as the new saviour
Read on here yesterday that Sterling had rejected £180k per week from Liverpool
Shocking
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A player that age should have a lot more respect for a Club that made him, and how much they are pushing the boat out to keep him.
I don’t predict a good future for this dude, Football is a Team game last time I looked.
BT,
Hell yeah. Been doing so for years :))