Premiership-Championship, financial fundamentals

610

We’re in the last week of November and one point separates Celtic, Inverness and Dundee United at the top of the table, with Hamilton a point behind.  Dundee, who put on a credible performance yesterday, sit alongside seventh placed Kilmarnock, nine points of the pace.  That’s more than half the league within nine points of the top.

Remember the day Accies relegated Hibs, and we were told how the Championship would be vastly more competitive than the Premiership this season?  There’s a nine point gap at the top of the Championship, which is the least competitive senior league in Britain.

If you were an investor in a Championship team located anywhere outside Gorgie, you might be running the numbers this morning on what another season of lower league football is going to cost to fund.  With ever-diminishing income I know one club who could need £30m investment to get them through another 18 months of Championship football.

The chances of than kind of money materialising are zero, no matter if they flog their properties.  There will also be a structural deficit, even with Premiership football, of having a massive infrastructure to support, without European revenue, of around £10m per season.

If you are a football club in Scotland with a large infrastructure to operate, maintain, police and insure, you need significant and regular European income.  The cost of funding the job to overcome domestic and European competition (all of the latter would be seeded), runs into many tens of millions.

No one has even pretended they have a viable plan to overcome such obstacles.  Hope you can find the fun in financial fundamentals.

Thanks for the feedback on Caesar & the Assassin, which is available here on CQNBookstore, but… if you go here, for an extra £1.01 you can get the book and a DVD (from Cesar (sic.), 6-2 game, Road to Seville, Birthday Bhoys Beating Barca).

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  1. Ah the Madrid trip, Clyde Coast bus left George Square , Sunday 6pm, arrived Madrid Tuesday 5pm, back to Glasgow 5pm on Friday to a light snow fall.

     

     

    The ref was a Hungarian guy, Palotai, who allowed Madrid to in sequence boot our lhads off the ball , the ref allowed a twice taken corner on the stroke of half time , and big Peter was held back as their centre forward Jesus Maria Satrústegui scored.

     

     

    Big George missed a sitter after 5 minutes and we eventually got pegged back 3-0 , Hamburg knocked Madrid out in the semi finals who in turn lost to Forest in the Bernebaeu in the final.

     

     

    Historylessoncfc

  2. BMCUW @ 11:16

     

     

    I’ll check it out, as my father played for Peterhead away back in the 40s, so the custom could go back that far !

     

     

    HH

  3. Ahhhhh back in the day, Spencer Davis Group, me an a couple of pals of mine, sparked a couple up in Waverley Station back in the day, 66/67 a think it was, nice guys, that’s when I was cool,.

     

    Oh! Kids, stay away from drugs, not cool.

  4. gary67

     

    I was always in Rock Garden most fridays from bout late 79 to 83ish.it was a good bar then.:-)

     

    hh

  5. An Tearmann

     

    11:38 on

     

    25 November, 2014

     

     

    Saturday nights, 80-86, Rock Garden then Hurricanes then Maestros. A well trodden route. Occasional detours to Fixx or Nicos.

  6. an tearmann

     

     

    11:11 on 25 November, 2014

     

     

     

     

    I must keep an eye on that page you put up.. Learn abit more.

     

     

    He did great documentary- the war you dont see. If you havent seen it id highly recommened it.

  7. gary67

     

     

    11:51 on 25 November, 2014An Tearmann11:38 on25 November, 2014Saturday nights, 80-86, Rock Garden then Hurricanes then Maestros. A well trodden route. Occasional detours to Fixx or Nicos.

     

     

    _____________

     

     

    No city limits!

  8. tonydonnelly67 @ 11 36 .

     

     

    Spencer Davis Group .

     

     

    If it was Edinburgh 66 -then the venue was McGoos on the High Street .

     

     

    Adolescent me sparked up on the steps of John Knox s hoose ( just for the GIFRUY ) which was across the road from McGoos .

     

     

    Support band was The Pathfinders.

  9. bournesouprecipe on

    Stephen Lawrence “Steve” Winwood (born 12 May 1948) is an English musician whose genres include rock, blue-eyed soul, rhythm and blues, blues rock, pop rock, and jazz. A multi-instrumentalist, he can play keyboards, bass guitar, drums, guitar, mandolin, violin, and other strings.

     

     

    Winwood was a key member of The Spencer Davis Group, Traffic, Blind Faith and Go. He also had a successful solo career with hits including “Valerie”, “Back in the High Life Again” and two US Billboard Hot 100 number ones; “Higher Love” and “Roll With It”. He was inducted into the Rock and Roll Hall of Fame as a member of Traffic in 2004.[2]

     

     

    In 2005 Winwood was honoured as a BMI Icon at the annual BMI London Awards for his “enduring influence on generations of music makers.”[3] In 2008, Rolling Stone magazine ranked Winwood #33 in its 100 Greatest Singers of All Time.[4] Winwood has won two Grammy Awards.

     

     

     

    40ThousandHeadMen CSC

  10. Livibhoy/tully57,

     

     

    the Euro away bus trips were great fun…..although the return journey from Neuchatel Xamax was less so….!

     

     

    First trip i went on was Ekeren 1991 (the round before Xamax if i remember correctly), as with the Xamax game went on the Heraghty’s Bar bus. Still got the “Biff’s Bus on tour” t-shirt in the cupboard somewhere.

     

     

    Have to admit though, im too spoiled now and would no doubt choose to go by plane every time now, if only to have more time living it up in whichever town/city we were playing in.

     

     

    Getting itchy feet talking about it now as my last trip was Milan last 16 CL in 2007. Did Man Utd at Old Trafford in 2008, but that doesn’t count as we drove down and back up same day by car.

     

     

    HAIL! HAIL!

     

    Token

  11. Gary67

     

    ah the ol maestros

     

    sound of my youth.

     

    we must know each other or friends of Gary.I made the same walk up the hill til bout 83.it was a great wee club for music.

     

    hh

  12. bournesouprecipe on

    cadizzy

     

     

    Perfectly, – anybody ever figured out what Hugh *note spelling* was singing in yon Labour of Love

     

     

    It starts ‘You said,……………….” but he goes too fast after that, and degenerates into Norman Collier.

  13. Bsr,

     

     

    I’m just kidding. Hue and cry was the name of the band. Made up from two brothers.

     

     

    Pat kane and Greg Abel.

  14. An Tearmann,

     

    Your link to the Gillie Heron strike against the great Jimmy Cowan in the Morton goal, in the 1951 League Cup tie brought back great memories for me.

     

    It also showed how flawed the old memory is.. I have been variously retelling of that day over the years & never once has the distance been less than 30 yards. I am shattered to discover that the report reduces the range to a mere 20 yards.

     

    No matter, it will still be at least 30 yards to me & I have never seen a ball struck sweeter or with more power in my life.

     

    I remember that by the time I had walked back into the city centre the full-time evening papers were already on the streets.

     

    The Evening Citizen carried a huge banner headline…. A JAMAICAN JIMMY QUINN.

     

     

    Hope you are keeping well.

     

    Good Luck.

  15. sipsini

     

    that was just at were Cadora building is now yeh?

     

    did you go to Satellite city after lol.

     

     

    HovismusicCsc:-)

  16. blantyretim is praying for the Knox family on

    Going with some of the comments on here this morning i think oldtim might need to change is moniker. ..

  17. blantyretim is praying for the Knox family on

    Token

     

    i think you Token will get into that t shirt before you again…

     

     

    slimshadycsc…8)

  18. The Token Tim

     

     

    Thanks my bhoy…my last one was Aalborg and certainly wisnae on a bus! I’ve softened considerably over the years.

     

     

    I’m well overdue another Euro away trip myself and hopefully that will come in knockout stage of Europa.

  19. weet weet weet(GBWO) on

    It’s tough getting auld

     

     

    A senior citizen goes in for his yearly physical with his wife tagging along.

     

     

     

    When the doctor enters the examination room he says, “I will need a urine sample, a stool sample, and a sperm sample.”

     

     

     

    The man, being hard of hearing, turns to his wife and asks, “What did he say?”

     

     

    The wife yells back to him,

     

     

    He wants yir underpants

     

     

    HH

  20. kilbowiekelt

     

     

    ah now,dont you be thinking your the only one that adds a couple of yards with each telling of the tale.

     

    I recall telling my nephew how Dixie deans tumbled o’er his wilkies all the way doon aitkenhead rd :-)after scoring against hibs.

     

    Thanks for your valued thoughts on a Celt before my time,with Celts like yourself every day is Celtic time.

     

     

    ItsgreatjustbeinaTim:-)

     

     

    Hail Hail

  21. tully57

     

     

    I went to a football tournament in Dublin by train and ferry in 1997. It took us 12 hours to get to Dublin via Crewe and Holyhead. Celtic then got pumped off Derry City and lost on penalties to PSV managed by Dick.

     

    We stayed for a week and it took us 14 hours to get back. Think it cost us £50 return.

     

     

    LB