Newco cannon fodder plans

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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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  1. BMCUWP

     

     

    I’m offended

     

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    He’s no even a Fenian

     

     

    HH

  2. The Saga of Govania:

     

     

    Once upon a time, in the kingdom of Govania, there lived a famous knight, Sir David the Lamb Giver.

     

    For many years the poor people of Govania had suffered terribly after Jockstein the Great, who ruled the neighbouring kingdom of Celta, had won a great victory for the people of Celta. Their warriors were heralded as the great champions of all Europia. But not in Govania. Unable to match the great Celta warriors in battle, the Govanians were left to live a life of bitterness and hatred.

     

     

    Then one day, Sir David the Lamb Giver seized the throne of Govania and began a new era for his people. He almost single-handedly transformed the fortunes of his people. Sir David the Lamb Giver used his influence and with the support of his sturdy camel, O’Givilia and his ever faithful servants Banquo Scotus, Souness Greyhame and Baxendale de Porno, he built a warrior corps, finally able to counter the forces of Celta. And so it came to pass, the Govanians grew to great power and dominance over their great rivals.

     

     

    During these great days, the fortunes of Celta fell into darkness. For Jockstein the Great had passed away, leaving his forces leaderless, a shadow of their former greatness.

     

     

    Despite this, the Govanians could not deliver that telling blow, to win that coveted prize for which they so desperately yearned.

     

     

    Unceasingly, Sir David the Lamb Giver called all to join under his banner. From far and wide he called for aid and all beckoned to his called. None would dare to speak against him. None would dare to question him. Office bearers, heralds, all would feast at his great table. Sir David the Lamb Giver.

     

     

    But still success eluded him.

     

     

    For out of the darkness came Sir Banquo De Lloyds a fearsome warrior who killed Banquo Scotus in the great battle of Krunching Kredit.

     

     

    Sir Banquo De Lloyds was now the most powerful knight in the realm of Govania. His ambitions drove out Sir David the Lamb Giver who yielded his realm into the care of Sir Googly of Ayes.

     

    The people of Govania were greatly saddened by the fates which had driven out their great Lord but hailed their new leader with great acclaim, “Hail Sir Googly! Hail Sir Googly! He is the bringer of great fortune.”

     

     

    Sir Googly of Ayes promised great future fortune to Wiley Ticketus if he would but assist him in his campaign.

     

     

    But, at the battle of Maribor, Sir Googly of Ayes suffered a terrible defeat. Left with nowhere else to turn to, Sir Googly of Ayes sent his trusted lieutenant, the Baron Duffen Felps to the land of Administrania, throwing himself at the feet of the great Queen Beth.

     

     

    Queen Beth was greatly loved by her people but her favours came at a great price.

     

    Queen Beth demanded a tithe so burdensome that Sir Googly of Ayes was unable to pay. The great queen was displeased and dispatched Sir Horace of Taxem to deal with Sir Googly of Ayes.

     

    Sir Horace of Taxem was a mighty foe and quickly drove out Sir Googly of Ayes. Sir Horace of Taxem left his faithful servant Bay Deho to seek out Sir Googly of Ayes to bring him and all his cohort to justice.

     

    The powerful realm of Govania was no more.

     

     

    But the people of Govania were restless. They sought out a new saviour. One who could reunite the warrior corps and bring the we-ar-y people back to their once great position of dominance.

     

    The pleas of the Govanians were answered by Sir Charles de Verre. Known as the great story teller. Sir Charles de Verre, enlisting the help of the much loved and long suffering gardener, Sal Lee Ma Coat, he reunited the Govanians and gathered them together in his new realm, Sevconia.

     

    Despite initial setbacks against the forces of Sir Turnbull of Hutton, the Sevconians won great victories at the battles of Annan, Brechin’s Edge and far off Elgin.

     

    However, bitter infighting at Castle Ibroke, the hallowed seat of the realm of Sevconia, threatened to destroy Sevconia forever. As they struggled to survive and overcome internal struggles, the Sevconians fell under the spell of the Ogre, Mash the Scrotum Gripper. Many had tried to destroy this mighty Ogre but, once in his grasp, few ever escaped.

     

    The people yearned for the return of the King. Their King. The man in whom the people trusted. The man whom the people could truly look to and love.

     

    King David the GAS returned from the far off land of Sudafrica, where he had repelled no less than 41 charges by the SARS. King David the GAS was heralded throughout the land. “Hail the return of the King” was proclaimed in every tavern, on every billboard and in every household. King David the GAS would soon drive off the monstrous ogre and lead his people back to their promised land.

     

     

    Will King David the GAS be able to succeed where so many before him have failed?

     

    Will he break free from the Ogre’s grasp?

     

     

    We await with bated breath…

  3. 16 roads - Celtic über alles... on

    One thing is for certain next time – summer football, or no summer football – The Celtic Football Club won’t be caught cold in those pesky CL qualifiers… Not when Ronny Deila is at the helm.

     

     

    Champions league, group stages – 2015/16 – dining at the top table once again – back where we belong.

     

     

    Venceremos.

     

     

    HH.

  4. sunny calmachie on

    Mea culpa

     

     

    Absolutely brilliant, the funniest, and best

     

    summarisation of the dead hun,

  5. !!Bada Bing!!

     

     

    23:45 on 31 March, 2015

     

     

    Barnes said there was negativity towards him from day 1 at Celtic Park,total nonsense.

     

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    There was plenty of ‘negativity’ towards….Barnes and, Dalglish from the SMSM’s…4…hurting Celts – Keevins / McNee / Cooney / Provan…all the rest of the….laptop-loyal…were singing the praises of ‘The-Dream-Team…p#sh joost tae rub it in…loving the fact that Celtic FC were being run by a bunch of ‘chookys’ on and off the pitch…Alan MacDonald, Frank O’Callaghan, DD…etc…had taken the club a million miles away from were we’d have been had, Fergus ‘not’ gotten rid of the manager who won Celtic’s first league Title in 9 years – Wim Jansen…the club was ready to enter the wilderness until….MO’N appeared to head the huns off at the pass…imho – Hail Hail

     

     

    ….oot.

  6. leftclicktic on

    BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS

     

     

     

    02:44 on 1 April, 2015

     

    The OBB ,Christine Grahame and our Lord advocate have a sin to answer for,.

  7. My friends in Celtic,

     

     

    Interesting talk last night about Celtic reinvesting player sales money into the team.

     

     

    It should not be forgotten that we have invested into both the team and the club, with limited success and are now competing with clubs like Burnley for players.

     

    We can offer some European football and guaranteed trophies, they can offer riches and the status of playing in “the best league in the world”.

     

     

    Until we inevitably join the “biggest show in town” there are some actions we can pursue to make us more attractive and competitive.

     

     

    The impact of RD and his footballing philosophy is long overdue. This is not hindsight, the experiment was always worth taking and has revolutionised our approach on the park.

     

     

    Summer football is an obvious way to diminish the overpowering competition of the EPL. The advantages are many and if the world cup can be changed at a whim to Winter time then anything is possible.

     

     

    Review our options on Lennoxtown. Are we getting value for our substantial investment. ? I don’t think so. Would it be possible to train at the Emirates across the road, or even look at a partnership to extend the arena ?

     

     

    IMO, there is much to be proud of, in both the club and the team, but standing still is never an option.

     

    One thing we have as a starting advantage over the vast majority of teams is the empathy of our fans to the club.

     

     

    Again IMO:The amount of space events over at Greyskull generate on here is not disproportionate. It is a constant reminder of what reckless spending and mismanagement can actually do.

     

     

    HH.

  8. Good morning CQNers,

     

     

    A full day to digest the TRFC accounts and not a damned question asked, where is Billbear?

  9. Kevjungle – MON didn’t appear. DD went and got him and gave him the budget he needed.

  10. Burgas Hoops on

    Celtic are eyeing up a shock move for in-form Northern Ireland striker Kyle Lafferty.

     

     

    Shooooooorly a 1st of April one? HAHAHAHAHAAAAAAAAA

  11. Greenpinata – Lennoxtown is also one of the plusses for attracting players. Sharing a facility like the Emirates would never give the 24 / 7 access the players and staff require.

     

     

    We are also starting to see players coming through. Very few teams get 1 player per season going from academy to full squad. If we can get to that stage it’ll be doing well.

  12. cliftonville celt from belfast on

    burgas hoops

     

     

    07:48 on 1 April, 2015

     

     

    Definitely an April fools

     

     

    Lafferty is one of the biggest bigots you could ever have the misfortune to meet

  13. Marrakesh Express on

    Wonder if emdy will nick over to hun media and drop in an April 1st st spoof, like Nomad sorted and Ashley ready to pump in 50m.

     

     

    Mea culpa.

     

     

    Very good.

  14. Greenpinata

     

    I would hope that with Ronny at the helm we may see more output from Lennoxtown.

  15. Burgas Hoops on

    cliftonville celt

     

     

    “Deila was unaware of Lafferty’s past when he first took interest in the striker and has persuaded Celtic chiefs to be open to the move”

     

     

    lol.

  16. Thindimebhoy on

    Mea Culpa 03.51

     

     

    Brilliant hilarious got the bhoys in my office in stitches with the Govania tales of woe

     

     

    HH

  17. weeminger

     

     

    07:40 on 1 April, 2015

     

     

    Kevjungle – MON didn’t appear. DD went and got him and gave him the budget he needed.

     

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    Hmmmmm?…..nahhhh, MO’N had to sell before he could buy.

     

    There was a saying in the SMSM, designed to downplay MO’N’s achievements at the tic….it went like – “Nobodies had the money that, O’Neill got.”…when there was an other manager under discussion and…this saying was, continually spun by all the SMSM apart from…..the 4-hurting-Tims-Keevins-McNee-Cooney-Provan.

     

    MO’N had to sell before he could buy….

     

    Viduka £6mill – Sutton £6mill

     

    Berkovic £5mill – Lennon £5mill

     

    Burley £3mill – Joos £3mill

     

    Riseth £2mill – Thommo £2mill

     

    Burchill £100k – Agathe £25k

     

    ….etc….blah, blah…

     

     

    Martin O’Neill gave me asa Celtic supporter…memories that I’ll treasure and, take to the grave…..but,….MO’N was a cheap option for Celtic manager as….a delegation from CP led by, Tommy Burns(RIP), Willie Haughey…etc had already had meetings with Gus Hiddink to become Celtic FC’s new manager and…Gus had agreed to join us…only for DD to cancel the deal and…Celtic got Leicester City’s manager instead!?!?!?

     

     

    What would the future have held for Celtic if…..Gus Hiddink became manager?

     

     

    Anyway….Hail Hail

     

     

    ……oot.

  18. We’ve already – I presume – invested significantly in lennoxtown. You’d lose that all by leaving. Better to work to steadily increase its success rate.

     

     

    Also no real options in Emirates cos it’s all taken up with yon pesky velodrome – though Joe Hanson provably chases bikes for fun with wee GMS now joining in like an exuberant wee terrier!

     

     

    And finally maybe it’s a good thing that arriving at the environs of Paradise doesn’t become an everyday experience for the players. Maintain a wee bit of the frisson of anticipation that I feel every time I get close to CQN Corner!

     

     

    Stunning day. Keep the Faith

     

     

    HH JamesGang

  19. blantyretim is praying for the Knox family on

    stefan johanson cqn playerer of the year

     

     

    just reinforces my thoughts that cqn bhoys know he haw about football

     

     

    they even choose the Wall above The holy goalie in the team for cqn10…

     

     

    tsk tsk

  20. Mea Culpa @ 3.51

     

     

    Brilliant. You couldn’t make it up. Though in fairness, you didn’t!

     

     

    HH JamesGang

  21. BT

     

     

    Who would you choose?

     

     

    In terms of input, quality and impact I’d struggle to choose between Gordon and Broonie.

     

     

    HH JamesGang

  22. blantyretim is praying for the Knox family on

    Mea Culpa

     

     

    read your post on the train this morning, o))

  23. Morning all.

     

     

    Today looks a wee bit better than yesterday weather-wise. Will it prove to be a better day for us to laugh at the endless meanderings further and further into the black hole that threatens the financally distressed mob over in Govan? Oh, please let it be so. This is so much better than I think any of us dared to hope.

  24. weeminger, yorkbhoy,

     

     

    I take your points about Lennoxtown and hopefully we see more tangible value for our very substantial investment.

     

    I do realise that the absence of any meaningful reserve league hampers our young players development, and I think that we will see many more young players go out on loan deals.

     

     

    We have spent so much money developing Lennoxtown that I doubt we would give it up or admit to it under achieving in any event.

     

     

    KevJungle,

     

     

    Genuine question. As you keep mentioning the Jungle days and crowds gone past compared to recent times.

     

    Do you think that the Jungle would have been so full if ” Carry outs” were banned or the pub was open all day ?

     

     

    IMO Summer football would make it easier to leave a nice warm pub and go to watch the game without needing Artic survival gear.

     

    This is particularly relevant in Scotland where our weather is traditionally worse than England and our more prevalent drink culture ( especially in the Greater Glasgow area ) ensures we drink 25% more than our English friends.

     

     

    Hh to all.

  25. blantyretim is praying for the Knox family on

    jamesgang

     

    I’d go with Broonie, he is the beating heart of our team,

     

    still as mad as a brush though.. o))

  26. bt

     

     

    Hey you?!

     

     

    I voted for Joe Hansen!

     

     

    Mind you I also voted for the holy goalie.

     

     

    Hope yer well.

     

     

    HH!!

  27. Greenpinata

     

     

    08:43 on 1 April, 2015

     

    __________________

     

    Well,….’carry-oots’ were banned in 1980 and from then till, 1993…the Jungle was full.

     

    I dont know when pubs were opened all day as, I’m not drink orientated…so to speak.

     

    But,…..ye had to go to the Jungle to get the ‘authentic’ stamp on yer Celtic soul:)

     

    Hail Hail