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Premiership-Championship, financial fundamentals

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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. notthebus

     

     

    19:17 on 24 November, 2014

     

    Caller: “Should Rangers sack McCoist..yes or no please !”

     

     

    Keevins: “Difficult “

     

     

    __________

     

     

    Nawwww, I’m having a great time ripping the p**h oot the huns…all I want for Christmas is the pieman to stay.

  2. corkcelt

     

     

    You’re in the BV this Thursday? If so looking forward to meeting you. You come across as very sensible:o)

  3. Marrakesh Express

     

     

    Sure Keevins mentioned support from Sleekit for a charity his daughter is involved in a while back.

     

     

    Not that that will get him any favours from such a fearless, straight-talking journalist like Shug, though!

  4. eldiegobhoy

     

     

    19:32 on 24 November, 2014

     

    corkcelt

     

     

    You’re in the BV this Thursday? If so looking forward to meeting you. You come across as very sensible:o)

     

     

    ——-

     

     

    I suspect we may all be in for a surprise when we clap eyes on this bold Bhoy…….

     

     

    Urbane Irishman. Likes his golf. Really likes his golf. Not a Celtic Park really often and didn’t make it to the AGM. Often on here trying to calm down the hotheads.

     

     

    It’sBeginningToSoundALotLikeDesmondCSC

     

     

    HH jamesgang

  5. Jobo Mobo Baldie on

    corkcelt –

     

     

    I’ll look out for you at CQN Corner. You’ll probably recognise me (copyright BSR).

  6. Sips

     

     

    Sho1te!

     

    You?

     

     

    Step family keich as usual.

     

    Can me and my weans move in with you!

     

     

    SorryUaskedCSC

     

     

    HH jamesgang

  7. CQN Saturday Naps Competition : WEEK 15 results (22nd Nov)

     

     

    Gweedore Celt was the man to follow this week, with Silviniaco Conti @10/3.

     

     

    Other winners: Che (Semaral @3/1) & green T (FourSeasons @1/1)

     

     

    +£35.00 TheBarcaMole (4)

     

    +£25.00 Eurochamps67 (7)

     

    +£15.13 Che (6)

     

    +£ 8.50 Bada Bing (4)

     

    +£ 6.88 voguepunter (3)

     

    +£ 6.00 tommytwiststommyturns (1)

     

    +£ 2.58 leftclicktic (4)

     

    +£ 2.50 BULL67 (3)

     

    -£ 0.63 PFayr (4)

     

    -£ 0.75 fleagle1888 (3)

     

    -£ 2.80 Nye Beavans rebel soldier (2)

     

    -£ 4.00 Raymac (2)

     

    -£ 4.17 green T (3)

     

    -£ 4.50 twists n turns (3)

     

    -£ 5.00 hashadenough (2)

     

    -£ 5.00 Hotel de Paris (1)

     

    -£ 5.40 Jobo Baldie (3)

     

    -£ 6.17 Gweedore Celt (2)

     

    -£ 6.50 BMCUWP (1)

     

    -£ 8.38 Burgas Hoops (2)

     

    -£ 9.00 Cosy Corner Bhoy (1)

     

    -£ 9.00 Zihuatanejo (1)

     

    -£ 9.50 Cathal (1)

     

    -£ 9.52 What is the Stars (2)

     

    -£10.00 21-5-79 (1)

     

    -£11.25 som mes que un club (1)

     

    -£11.75 Hutchybhoy (1)

     

    -£12.25 16 roads (1)

     

    -£12.38 Rockon (1)

     

    -£15.00 ABZMike

     

    -£15.00 Celticrollercoaster

     

     

    *No selection posted (wk 15) : 21-5-79, ABZ Mike, Hutchybhoy

     

    *Non-Runners (wk 15) :

     

     

    Cheers, fleagle1888

     

    (Bangalore CSC)

  8. I have SS1 on, Webb the former ref on trying to explain the difference between being aggressive and violent, he failed tied himself in knots , Jamie carragher laughed at him at one point, clone of Dallas this yin

  9. tbj- Zico goes to Goa to get his suits made, think Tattoo fae Fantasy Island……

     

    #yesboss

  10. Corkcelt

     

     

    Jobo takes his weather observation role so seriously that he dresses to reflect the weather.

     

     

    Thus night is forecast cold and clear so he might wear his special star-studded cape.

     

     

    Thankfully none of us were on the notorious pre season tour of Oz. A Couple of years back when Jobo used the heat as an excuse to adorn himself in a Celtic mankini.

     

     

    Once PL had paid the fine the Seville money was most definitely gone for good.

     

     

    HH jamesgang

  11. eldiegobhoy

     

     

    Sure thing Fhriend.

     

    Aiming to be at the old CQN Corner by 7.

     

     

    Prey why?

     

     

    HH jamesgang

  12. Jobo Mobo Baldie on

    I’ve sent them a wee reminder as there’s only about 10 minutes left….

     

     

    Jobo Baldie ‏@JoboBaldie 5s5 seconds ago

     

    @ClydeSSB Rangers entered administration on 14 Feb 2012 and were liquidated on 31 October 2012. But what dates did they come out of either?

  13. nothing without fans

     

     

    18:07 on 24 November, 2014

     

    the long wait is over

     

     

    15:03 on 24 November, 2014

     

     

    Not got time to scroll back so apologies if already pointed out but ,while P67′s analysis is accurate, the Premiership simply shouldn’t be as competitive as it is.

     

     

    That competitiveness reflects more on our poor start to the league than all of the other factors put together , IMO.

     

     

    —–

     

     

    We’re on 29 points from 13 games. Over the previous five seasons our average points after 13 games has been 28.8.

     

     

    NWF

     

     

    —–

     

     

    Thanks for those stats / facts NWF.

     

     

    As always, perception gets published and readers believe them. Bit like zonal marking at corners (my pet subject). Just because someone doesn’t like the system they exaggerate ALMOST conceding goals and then lump in when it actually happens. Without recourse to the facts about the alternative.

     

     

    So, getting back to the original point, the reason the league is so competitive at this time is that a number of other teams have had very good spells. We dented Dundee United, but we failed against Hamilton. Hamilton have come back again. Similar story for ICT.

     

     

    I have no doubt the others cannot sustain such good form all season long. And neither can / have we. But we can do it for longer while the others take points from each other.

  14. What a shame that in terms of the REAL legal world and the financial markets’ perspective, the SMSM’s tiresome childish insistence that the Zombies ‘came out of administration’ is about as effective as throwing an ice cube at one of the Easdale’s Inferno Buses.

  15. jamesgang,

     

     

    Getting there, can’t wait for the Christmas holidays, between my da being a Victor Meldrew on his ailments, he’s started telling me about friends ailments in the pensioners club.

     

     

    I reckon he does it to annoy me…like a sketch from still game…auld bassa:))

     

     

    If your ever stuck the doors open, been there.HH

  16. Not that I pay much attention to any team in SPFL Championship, but watching Sportscene last night, I did notice John Daly push the Ref as he sent of some player – not mentioned strange

     

    And whilst mentioning championship teams, them who lost, and should have had another 3 players sent off, pay date is Friday I believe

     

    How are they going to Pay December salaries ?

     

     

    Hail Hail

  17. Evening folks, couple of days yit till the game of the season so far, no make it though due to the blonde one’s 40th birthday dinner… be lucky to even watch the game unless I manoeuvre a pub dinner with a telly…..

     

     

    Ayrshire is Green and White

  18. Sips

     

     

    Cheers mhate.

     

     

    Would never put you through that!

     

    I know you know all about it.

     

     

    It’s partly why I witter mince on here. Cathartic!

     

     

    Hope your bubonic plague is easing. You’re a hero. Fighting and winning with only lemsip and mentholyptus!

     

     

    HH jamesgang

  19. sandman

     

     

    19:57 on 24 November, 2014

     

     

    What a shame that in terms of the REAL legal world and the financial markets’ perspective, the SMSM’s tiresome childish insistence that the Zombies ‘came out of administration’ is about as effective as throwing an ice cube at one of the Easdale’s Inferno Buses.

     

    ###############################

     

    Or a taxi allegedly

     

     

    Ayrshire is Green and White

  20. Micktt

     

     

    So that’s you and Pedrocav are both toy boys with beautiful young looking ladies.

     

     

    You Bhoys obviously have da gift!

     

     

    HH jamesgang

  21. roberttressell

     

     

    20:01 on 24 November, 2014

     

     

     

    Never thought about that, maybe that was the plan :-)

     

     

    Hail Hail

  22. Jobo could you ask them what date Rangers were relegated to the bottom tier and could they get the paperwork from the SFA that details this punishment having been dished out – minutes of the meeting when it happened for instance?

  23. jamesgang

     

     

    20:03 on 24 November, 2014

     

     

    Micktt

     

     

    So that’s you and Pedrocav are both toy boys with beautiful young looking ladies.

     

     

    You Bhoys obviously have da gift!

     

     

    HH jamesgang

     

    ##############################

     

     

    Oh she’d like your patter the night ya big charmer…. Pedrocav that guy would charm the…….. burds off the trees, don’t know what his lovely wife sees in him, that cheeky wee face…

     

     

    HH

  24. jamesgang

     

     

    20:03 on 24 November, 2014

     

     

    Micktt

     

     

    So that’s you and Pedrocav are both toy boys with beautiful young looking ladies.

     

     

    You Bhoys obviously have da gift!

     

     

    HH jamesgang

     

    ###############################

     

     

    Oops just read that oot to her there, she picked up on the toy bhoy bit…. your dead big chap, oh so dead…!

     

     

    HH

  25. Right the wee guy wants to play Cluedo now, no won a game yet, am rubbish at it……! Ah know.. No Comment please..!

     

     

    HH

  26. micktt

     

     

    20:11 on 24 November, 2014

     

     

    Right the wee guy wants to play Cluedo now, no won a game yet, am rubbish at it……! Ah know.. No Comment please..!

     

     

    It was wee Craigy Bhoy, in the Blue Room wi the Arsenal shares that done it…..

  27. This is a truly great cause, and in keeping with the ethos and aims of our club. It is not a Celtic project , but it carries the Celtic Spirit. Please consider supporting it

     

     

     

    Broomhouse is an area of multiple deprivation , where modern day saints work selflessly to improve the conditions for those who live there.

     

     

     

    ———————————————

     

     

     

     

     

    The Broomhouse Centre has been chosen as a finalist for the Peoples Millions Lottery competition. A short showcase of our project entry will be broadcast on ITV on 26th November at 6pm.

     

     

    We could win £48,396 towards our Food For All project however, we really need YOUR VOTE and that of your colleagues to win against another charity.

     

     

    This money, if we win, will allow us to highlight the value and benefits of healthy food to the community and provide meals for those most in need.

     

     

    We would be able to;

     

     

    Create a meal voucher scheme linked with the Broomhouse food bank

     

    Start a new home food delivery service for the elderly

     

    Further develop a youth café

     

    Train a number of young people furthest from the job market with cooking life skills

     

     

    Please tell everyone about us and importantly LIKE and SHARE the Broomhouse Centre Facebook page today. Every day we are going to be updating our supporters and friends on our campaign via Facebook and bringing to life the benefits of Food for All for our community.

     

     

    Last but not least, on the 26th November the phone lines are open to vote from 9am – Midnight. So please put the date in your diary, we will update you with the number on the day. We really do need your vote and that of as many of your colleagues as possible. You could make the difference as to if whether we win or not.

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