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.
804 Comments- Pages:
- «
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- ...
- 22
- »
SoT
Obviously anyone in the Eurozone getting their UK pension paid in pounds will benefit.
We are on the verge of a pensions revolution here.
Anyone 55 and over can access the whole of their pension fund, depending on the type of plan, from 6th April.
Good for some, not so good for others.
Auldheid. I cant believe you talk of fairness and the Rangers in the same post the question has to be asked fella where have you been for the last four years? Maybe your so wrapped up in resolution 12 that you havnt noticed all the goings on over at Ibrokes constant rule bending so many dodgy characters there names begin to fade and still they keep going and we cant rule out that they will be in the SPL next season and if that happens who will be laughing then ? H.H. :- )
South of Tunis
Thanks for that, appreciated
HH
!!Bada Bing!!
14:26 on
31 March, 2015
https://t.co/bcGkDtshN5
the huns are revolting
frankiehowerdcsc
—————————————-
I would love to have heard that soliloquy delivered by Private Fraser.
Eurochamps67
14:10 on 31 March, 2015
I thoroughly enjoyed that snippet :)))
!!bada bing!!
More people like that over there and thems still might have had a team, to little to late.
Euro heading towards parity with the USD!
Who came up with the bright idea that the prosperous north europeans should share a currency with the southern med basket cases. Dearie me.
I was thinking through a post I was considering writing up – and might well yet – when I remembered something that I thought worthwhile sharing.
My brother is considerably younger than I am. I reckon he came as something of a ‘surprise’ to the folks at the time. No harm in that mind, and no harm came of it subsequently.
Anyway, going back 20 years or more, and having spent his childhood watching endless repeats of All Creatures Great and Small, the brother was set on getting the qualifications he needed to get into Vet school.
My Dad figured that, with the boy beavering away at his studies, he could do with some encouragement and distraction, so bought a couple of Celtic season ticket for the pair of them.
Fine idea in principle, not least with the reawakening of Celtic following Fergus McCann’s takeover, and the hope and excitement released subsequently.
Half way through the season, and on a given Saturday lunchtime ahead of a home match, the brother turns to my Dad and says…
“Dad, I’m really knocking my pan in, you know, studying like hell lately. See if I keep it up, if my prelim results are good, will you please stop taking me to the game?”
TheHampdenSeasonCSC
From twitter last night
“When David Murray’s spending spree had Rangers hurtling towards the brink of meltdown what advice did accountancyexpert Paul Murray offer”?
tom mclaughlin
Ignore them at your peril, that’s what I say, not a chance I will let my gaurd slip with thems, and when I bump into them I don’t miss them and hit the wall, they get it in the neck at every opportunity, bitter? No, I’m right, well in my opinion, and I respect yours.
Will let=will not let :)
!!bada bing!!
14:26 on 31 March, 2015
https://t.co/bcGkDtshN5
the huns are revolting
frankiehowerdcsc
__________________________________________________________________________
Is that the penny finally dropping? Could have been written by any of us on here!!
Good find!
HH
Good shout Tom but I think most of us still hold out hope that one day they really will disappear, end game, over, finito, deed, buried, headstone.
No harm in that, meantime we can all laugh at their ludicrous attempts to con their fans out of even more money, here’s hoping they fall for it…
TOM McLAUGHLIN
Can we not just laugh at their pain?
I mean,I’m a great believer in the old saying-don’t mock the afflicted.
But if you canny mock the afflicted,who can you mock?
Me,I’ll continue to smile as they ramp up their superiority. It’s a big fall from the top of the mountain.
josiebee
14:39 on
31 March, 2015
Looking for info on Celtic pubs in the dam Going 29 May and hoping to catch the final.
This is not a Celtic Pub but you should be able to catch the game here
Brnobhoy
http://threesisterspubamsterdam.nl/en/menu/
BMCUW –
I think you need to reread my comment mate.
I was in no way saying we shouldn’t laugh at them. On the contrary, that is what I said we SHOULD be doing.
Is this Mike Ashleys Da?? He’s even got the white shirt!!!
https://www.youtube.com/watch?v=ahrGD7zkrOI
TOM McLAUGHLIN
Aye,fair point. I’ll continue to laugh at them,as you will.
We’ve all had our input and opinion on their downfall,some more illuminating than others. Time now to sit back and reap the reward.
!!Bada Bing!!
14:26 on 31 March, 2015
https://t.co/bcGkDtshN5
the huns are revolting
frankiehowerdcsc
—–
The one eyed HUN in the land of the blind :))))
BMCUW –
Exactly mate.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS
The hose is in their mouth ,it is my pleasure nae duty ,to keep turning the Tap on at every opportunity and never ever stop,
I can still see the faces of HUNs I argued and fought with through their cheating in the 80s and 90s giving me it tight (and me saying it wont always be like this )
ElephantCSC
Bada
Your post at 14:45 reminded me of a nursery rhythm which I think went something like :
All Dave kings @rses and all Dave kings men couldn’t put the Hun monkeys together again
“In Zaire you’ll find us there we’ll be there too”
Leftie
That one eyed Hun works with sipsini but he sure ain’t very bright
auldheid
14:17 on 31 March, 2015
Correct, as usual …. But there doesn’t seem to be a will within the SFA to do anything about all this nonsense ………anyway, it was really great to meet you at CQN11…..!!!!
Spot the missing word?
Till later all
TBJ
Meant to say good luck wae yer new job sir.
hehehe, stupid huns.
From Twitter
Could be more than a few breaches of the Companies Act in this Deloitte resigning as RIFC auditor debacle.
A man of Paul Murray’s vast experience must know that he should clarify now whether Deloitte issued a Statement of Circumstances or not.
There is a schedule of public notifications that auditor and company are supposed to make. regarding auditor resignation. Very odd.
There is more to this auditor resignation story than Paul Murray is telling us. #transparency
The Battered Bunnet
Your wee brother wasn’t daft, was torture back then. Funny story though and fair cheered me up. Did he make it as a vet ?
HH
Whats this Nomad everyone is on about?? Emdae 2nd request.
I As i said last week, it was wayyyyy to quiet you knew bad news on thems was coming out and it did, more pain for them, more suffering, more lies, the MSM media making a complete and utter arse of themselves because if ever there was a story it’s right there in front of them, but they won’t chase it we all told them three months ago what was going to happen and that’s what they don’t like, actually they prob. all knew if the truth be known, but there editors have been told to back off by the brothers.
Like I said earlier, after this weekend they can get back to the dodgy stuff that they are good at, . And not a soul will know what is going on, that suits them the SFA,SPFL,and the SFL, yes back to the old days a complete three hundred and sixty degree turn, oooops degree….scuse the pun.
!!Bada Bing!!
14:26 on
31 March, 2015
https://t.co/bcGkDtshN5
the huns are revolting
frankiehowerdcsc
haha the subtleties of internecine war.:-)
HH
josiebee
NETHERLANDS THE – COCO’S OUTBACK THORBECKEPLEIN 8-12, 1017 CS AMSTERDAM (Tel: 0031 [020] 627 2423) http://www.cocosoutback.com Not a Celtic bar, but shows our games
Jude
They require a NOminated ADvisor and the last one quit almost a month ago .. I think the stock exchange rules say they must have one in place by the weekend or be delisted
Leftie
Thank you sir … You are one fine gentleman and it’s my pleasure to have a friend like you :)
tonydonnelly67
Theyve known since last June, but why print today what you can put off till tomorrow? Well tomorrow’s coming pretty soon for them methinks
HH
josiebee
They are showing the game on Friday:
http://cocosoutback.com/sports/friday/
Looks like a fun bar free body painting as well this Friday ;-)