I’m not buying the sense of aggrievement from Everton over their 10-point deduction for failing FA Premier League Profit and Sustainability Rules (PSR). It is the harshest penalty yet given out by the League and puts Everton in the relegation zone, but they are just two points from safety and in sufficiently good form to escape the drop. The deduction should be no more than window dressing.
Having set the bar with Everton for an honestly declared breach of spending rules, more egregious matters lie ahead for the League, where allegations of covert action to subvert their rules have been levelled against Manchester City and Chelsea.
Football (in some places) is finally waking up to the realities of financial responsibility and rule breaking. Uefa pioneered this with their 14-year-old Financial Sustainability rules (more on this later in the week). The European body have carried the burden on this with little help from domestic leagues, leadership from England should encourage others.
I cannot see this ever happening in Scotland. Our top clubs are already subject to Uefa rules, which in their new form were significantly designed by Celtic, while mid-table clubs and downward see their incomes vary wildly. It would be difficult to design a set of rules that encourages responsible behaviour at clubs which might only turnover a couple of million pounds a year.
The problem in Scotland is with one club operating near the summit which is now dependent on European income. You would rather it was an arms-distance organisation in Europe curtailing their spending than someone at Hampden. More on them before the weekend.
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“AN DÚN on 21ST NOVEMBER 2023 3:36 PM
All we can do is be the best we can be and invest what we have wisely.
I agree….but `wisely` is usually discovered AFTER investments !
AN DÚN on 21ST NOVEMBER 2023 3:36 PM
So no controls on spending whatsoever?
Fingers crossed we get a billionaire benefactor is not a particularly responsible strategy.
That awkward moment when your billionaire is from Motherwell.
I would definitely NOT want a billionaire benefactor. That would not feel like Celtic to me.
BOURNESOUPRECIPE on 21ST NOVEMBER 2023 3:53 PM
:-))
An Dun
I may be in a minority of 1 but I do strongly believe environment we are playing in is a major contributory factor to the poor results achieved v Madrid etc.
The step change needed from a game such as Motherwell will offer at CP this week with 2 banks of 5 and Aussie rules type physicality to overcome vs Lazio in Rome on Tuesday is enormous.
Our guys have 4-6 meaningful really tough fixtures per season domestically and approx 40 vs packed defenses. This really does not provide any sort of good development opportunity for players individually nor does it give us scope to develop as a team.
Spending on better players may short term boost things but for how long will players be better playing in the league we do.
Djokovic needed Nadal and Federer to be the player he became. Virgil needed EPL to reach his level. Etc.
We have to get out of this wee pond. Until then you are right Re regular CL challenges. If ? We get there.
Bournesouprecipe
Even worse when Keith Jackson tells you that ‘fact’.
BURNLEY78 on 21ST NOVEMBER 2023 4:01 PM
I may be in a minority of 1 but I do strongly believe environment we are playing in is a major contributory factor to the poor results achieved v Madrid etc.
Not 1 or anything like it. Theres loads of thoughtful Celts who agree (not saying those who dont arent :))
`We have to get out of this wee pond. `
I don`t have any evidence to support my view but I suspect most Celtic supporters would like to be `out of this wee pond` and not just because of the `better` football on offer but we would have a chance of being refereed fairly. Would the Huns want to take that chance? Hmm..
Maybe Keith Jackson really meant Craig Whyte was off the radar, not his wealth? 👍
BOURNESOUPRECIPE on 21ST NOVEMBER 2023 3:53 PM
At least they dared to dream.
Paul 67,
Everton 1 charge.
Man City 115 charges.
Can you not see the sense of aggreivement from the Merseyside club. In the big picture a £19m overspend in that financially doped league is chicken feed.
If even 10% of charges stick against Man City they will be playing lower league football, if not kicked out altogether.
Will they have the bottle? I doubt it.
Everton are an easy hit at the moment and many establishment figures will delight in putting rebellious, unpatriotic and anti English upstarts from Merseyside in their place.
Everton are vulnerable . In terms of ownership, finance and security. Man City can hire £10 k per hour KC’S.
Man City and Chelsea will get a verylong drawn out slap on the wrist, and carry on regardless.
Everton will get their points reduction reduced on appeal after the establishment realise the potential consequences.
The three teams now suing Everton will get their palms crossed and go away quietly.
David 66, hi I am fine. Hooe and trust you are too.
I too hate injustice, but it must be universal. Pesky work commitments willing I will catch you for a pan galactic gargle blaster.
HH to all. To those who take the time and effort to post and to larthargic lurkers 😆
Would I give up guaranteed European footie for playing in a much better league.
I used to be sure I would, but now I’m not sure. I love our European nights.
HH.
https://www.bbc.co.uk/sport/football/32164350
“Rangers shares to delist from AIM Stock Exchange”
The AIM market has the lowest standards for financial reporting of all the markets.
They cant be trusted to spend responsibly, only UEFA is keeping them in check.
The Currants couldn’t care less about regulations, they know, and so do we, they will be rescued again, as Scottish Football doesn’t survive on there being just 1 Ugly Sister! :)) UEFA will probably ban Scottish Football for 3 seasons from their Competitions. Now you see why we are holding all that cash! por cierto
Good evening all from the Victoria Bar. Ffs they’re playing bingo in here. To hell with FFP this is beyond the pale. Regards- angry from Govanhill. 😡
GREENPINATA on 21ST NOVEMBER 2023 4:23 PM
Some of my best times supporting Celtic have been in Europe, even when we havent competed as well as we should have done.
I think our children and grandchildren deserve some of that
BIGRAILROADBLUES on 21ST NOVEMBER 2023 4:28 PM
:))))
CELTIC40ME on 21ST NOVEMBER 2023 4:25 PM
In layman`s terms, will that have any impact on Sevco?
Celtic40ME.
You do know that link is from 2015.
I thought it looked very familiar when reading it. 😆
HH
Sorry, yes, I was just pointing out that their entire history shows evidence of them not being trustworthy.
They were happy to delist as it meant their finances became even more opaque than before.
The news nowadays is soooooo fu@king depressing.
How about an amnesty for all posters who have been barred from CQN and a warm invite back.
There will be more joy on CQN over one malcontent who repents and comes back than the 99% who don’t need repentance
HH.
Celtic AGM tomorrow @ 11.30 hrs.
What do we want ?
Bigger Turnstiles.
CELTIC40ME on 21ST NOVEMBER 2023 1:55 PM
AN DÚN on 21ST NOVEMBER 2023 1:50 PM
“Platini and UEFA were either led by the nose by the traditional big clubs or in the pockets of those clubs.”
_____
Unlike many on this blog I have no financial expertise. For me, football finance is just a dark and impenetrable world. That said, the evidence suggests that football governing bodies are magnets for the shady across the globe. When it comes to domestic competitions, the EPL not content with oligarch ownership of Chelsea now includes two clubs now owned by foreign governments. (Why not take a punt on Celtic, Taoiseach?)
The point is that a well run and profitable club like Celtic has no chance of competing successfully in a rigged European Championship. Celtic can play reasonably well in that environment but the playing field is never level. Clubs like Real Madrid, Barcelona and, apparently, Atletico can rack up unsustainable debt with near impunity. So, the Celtic achievement of 1967 may never be replicated. And the odds stacked against us are not all on the pitch.
CELTIC40ME @ 1:49 PM
CHAIRBHOY on 21ST NOVEMBER 2023 1:29 PM
Rangers were never subject to FFP. The new system came in after they went bust.
Yes, the FFP came in before Rangers died, in fact that was the subject of the famous…
RESOLUTION 12
https://res12.uk/
“This AGM requests the Board exercise the provision contained in the Procedural Rules Governing the UEFA Club Financial Control Body Article 10 with jurisdiction and investigation responsibilities identified in articles 3 & 11 (Note 1), by referring/bringing to the attention of the UEFA Club Financial Control Body (CFCB), the licensing administration practices of the Scottish Football Association (SFA), requesting the CFCB undertake a review and investigate the SFA’s implementation of UEFA & SFA license compliance requirements, with regard to qualification, administration and granting of licenses to compete in football competitions under both SFA and UEFA jurisdiction, since the implementation of the Club Licensing and Financial Fair Play Regulations of 2010.”
In simple terms it requested that Celtic ask UEFA to review the SFA’s licensing processes to establish if they fully complied with the then current Club Licensing and Financial Fair Play regulations.
Hail Hail
Greenpinata 4.56
Bigger bars. And as Timbhoy163 has stated, better facilities all round.
CHAIRBHOY on 21ST NOVEMBER 2023 5:02 PM
Resolution 12 wasnt about breaches to the Uefa Financial Fair Play regulations. They didint come into effect until the 2011/12 season.
CELTIC40ME @ 5:21 PM,
You really can be a flat earther sometimes:)))
The UEFA FFP came in gradually.
One of the rules that Rangers were foul of was outstanding Taxes.
They’d argued the WTC was not an outstanding liability.
The SFA had said it hadn’t “crystallised”.
The Res12 bhoys proved otherwise.
Hail Hail
BRRB,
Agree. The >£70 million stached away making circa 5% interest should be partially utilised to enhance the match day experience.
I hope you realise that the Crystal Bell had to shut when you swanned off to keep the Benidorm boozers in profit for the year.
The good news, they’ve heard you’re back and will be reopening very soon.
HH.
Test
CHAIRBHOY on 21ST NOVEMBER 2023 5:29 PM
Res 12 relates to seasons before FFP was in place
I remember this from memory but this is what Wiki says: “Implementation of the regulations took place at the outset of the 2011–12 football season.”
Resolution 12 relates to a licence granted for the 2011/12 season – so the breaches occurred before the regulations were in force.
Rangers were never subject to FFP. They went bust before the first reporting period was examined by UEFA
I dont know why you’re arguing with me about this. Its all there on wiki if you want to look it up
Be happy.
Why was Big Jimmy’s horse Happy?
Because it was in a stable environment.
CELTIC40ME @ 5:41 PM,
UEFA never examined the Scottish Clubs
It was down to the SFA to check that Scottish Clubs were compliant and they got the UEFA licence through that route.
Read what Res12 and the WTC was about please.
It’s okay to be wrong now and again, it even happens to me:)))
Hail Hail
Greenpinata 5.34
😂😂
Meeting Leggy and Brian M at the Crystal Palace tomorrow at 12. Embdy wanting to join us, feel free. Topics up for discussion are Celtic, drink, wummin, gambling and the state of the hun. Regards- The Shallow Barstewards.
Apologies for my behaviour
Know it was meant from a good place
I know it never felt like that, and defo never came across like that
Taking a few weeks for myself
Behave you fookers xx
Stivs is unbanned too
Hail Hail