Celtic released their financial results for the year to 30 June 2014 this afternoon. The club remained profitable to the tune of £11.17m (2013: £9.74m) despite a 14$ drop in revenue to £64.74m. The net cash position at the end of the year was hardly changed from the previous year at £3.83m.
Football and stadium revenue was down £4.4m, which correlates almost exactly to the £100 reduction in season ticket process for around 40,000 seats, but the biggest hit was to Multimedia and Commercial Activities, which were down £5.21m. The bulk of this fall will be explained by finishing fourth in the Champions League group stage, instead of processing to the knock out stage, as we did in season 2012-13.
Celtic opened a new borrowing facility with the Co-op Bank two weeks ago to replace their existing facilities. The club have a £6m overdraft (at base plus 1%) and £14.4m of long-term loans.
This high watermark will not be reached this season as revenue will struggle to reach £55m but it’s clear the club can support the current cost structure without needing to pair back. The project for now is to get revenue back over £70 next season, and for that we’ll need to be better prepared come Champions League qualification time.
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The choice voters are faced with is Aye or Naw…..nae Mibbes
Having your shortbread and eating it is not an option….
Will possibly come back to Scotland to live at some point …..I dunno
Choose well amigos…..I hope whatever you do is right
Tom McLaughlin
Greig’s kid.
That explains something. A few years back (20+) I played football against his boy…………..he was rotten, totally rank, no aggression either, but strangely enough handsome……….
Big Wavy
He may as well have pulled the trigger himself many times.
HH
Squire
KK called us bigots, that was my point.
HH
Kris Boyd mentioned in the same breath as Henrik………Geeza break!
quonno
“If they were not politicians they would tell OO and others of its ilk to stuff their votes.”
Like the Yes campaign told Souter & McColl to stuff their campaign funding??
Like the Labour Supporters and Independents in the Yes Campaign told Harvie to stuff his RC school closure programme, or told Christine Graham to rule by law and not by numbers, or told Alex to find those stats on sectarian offences he had “lost” or he can get stuffed too?
Or are these the minor details we can work out later once there has been a big Yes? Sleepwalking in the same way that the huns did with Whyte and Green.
the glorious balance sheet
20:49 on
12 September, 2014
Setting Free the Bears 2044:-
I think both of those posters have quite valid concerns when you take into account the fact that the Orange Order are allowed to organise and practice within the UK Houses of Parliament with members drawn from both the House of Commons and House of Lords.
That gives the firm impression that anti-Catholicism is tolerated and facilitated by Westminster.
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i’d go as far as to say it is welcomed
The right reverend Ian Paisley passed away today he is survived by his wife Eileen 5 children and 2 Popes !
TAL….
My black dug is called Henrik….,
Walking him to the pub at 10…….
Played fitba in the garden with him an hour ago….he is more athletic and a better footballer than Kris Boyd and I am being serious.
Insult to even compare him with Henrik the Dug
Proud to be
CQN corner is located at the front right of the superstore .. Adjacent to the burglar van .
Look out for a load of handsome mature gentlemen who refer to each other by strange Monica’s ;)
There’s usually a few sprightly hoopettes around too btw
Should be a good few CQNrs around there by high noon
Tom McLaughlin
About 15 years ago I was watching the Celts destroy the jam farts at Tynecastle. Me and my mate arrived 30mins early and were sat right next to the hearts fans. A wee scrawny mambo came down and sat at the opposite side of the divide/fence from us. He started making gestures about bankers etc to us which we found amusing. Then he got out a piece of A4 paper and started writing something. We were wondering what he was doing when he started gesturing to us again and pointing to the paper where he had written h.i.v.! He took great enjoyment out of pointing at the paper and then at us (we were pissing ourselves laughing). Then he raised his middle finger at us. The weird thing was that he kept the middle finger up with his hand directed at us for the whole game! Every few minutes he’d look towards us and get a wee bit animated showing the finger, then he’d return to watching the game, all the time giving us the finger. Totally bizarre!
Rye@ 20.27 Good find ……….
Love the Bass line on that wee track.
H.H.
mambo = jambo
In an independent Scottish court you would hear those immortal words
The people v
Thindimebhoy
21:06 on
12 September, 2014
In an independent Scottish court you would hear those immortal words
The people v
——————–
….Neil Lennon??
quonno
The one political organisation in Scotland that tried to stand up to the OO and reduce the number of parades was Glasgow Labour Party. For it’s pains, it got a kicking in the Scottish Courts and they were ordered to back down.
Not one word was raised against them by a prominent Yes politician, neither Salmond nor Harvie nor Sturgeon nor McAskill nor Swinney. I cannot conclude that they are in favour, not bothered by, or mildly opposed to the organisation. So I will not make the attribution that you and your crew make most freely.
What I can conclude with some certainty is that they chose to prioritise a campaign against football fans while this problem went unaddressed by them.
Now, I am told, the Labour guys and leftists that think they have formed some entryist movement into the SNP’s Yes campaign are going to hold the SNP guys to account on this and other matters once we get rid of Westminster politics. I think you’ll have as much success and numbers in that fight as you will in Jim Sillars vs The Oil Companies.
I will place my trust in starting a Home Rule for Glasgow movement as there are some politicians there with a track record of attempting to fight them
Drambowiecelt…..
Incredible bass line mate…..
Well spotted
Hail Hail
dr ramesh and the love potion –
Classic.
Very considerate of him to warn you to keep your distance as he was HIV positive.
:-)
Dr Ramesh
I was gonna ask if that mambo had number 5 on his shirt ;)
Been working late….what happened to the sevco share issue…..?
proud to be part of the celtic family
20:52 on 12 September, 2014
CQN corner is outside pools office (next to superstore). You will see a gathering. A few are going to West after the game
HH
CRC
My fav Lenny Kravitz song is Mr Cab Driver
LOve
Tom McLaughlin
That’s what we thought! Fanny of the highest order!
Tom
I thought I was the only person who takes a book of A4 paper and some pens to the fitba .
Will we win tomorrow. Yes or No?
JJ
Weird film castings part 1…….
Richard Rowantree(He of Shaft fame).
Now starring in………………………………..Bonanza The Return
Itdisnaework.
Raith need 10 Turnbull Hutton’s and ryecatchers dug on the park – they are awful.
Boyd is truly shocking.
Teuchter ár lá
20:02 on 12 September, 2014
Stefan Scepovic is going to be the next Chris Sutton….There I’ve said it.
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So tomorrow in a post-match interview we should expect him to claim he knew Raith Rovers would lie down to the Huns tonight?
setting free the bears for Res. 12 & Oscar Knox but saying no to CQN racists
21:08 on
12 September, 2014
quonno
The one political organisation in Scotland that tried to stand up to the OO and reduce the number of parades was Glasgow Labour Party. For it’s pains, it got a kicking in the Scottish Courts and they were ordered to back down.
Not one word was raised against them by a prominent Yes politician, neither Salmond nor Harvie nor Sturgeon nor McAskill nor Swinney. I cannot conclude that they are in favour, not bothered by, or mildly opposed to the organisation. So I will not make the attribution that you and your crew make most freely.
What I can conclude with some certainty is that they chose to prioritise a campaign against football fans while this problem went unaddressed by them.
Now, I am told, the Labour guys and leftists that think they have formed some entryist movement into the SNP’s Yes campaign are going to hold the SNP guys to account on this and other matters once we get rid of Westminster politics. I think you’ll have as much success and numbers in that fight as you will in Jim Sillars vs The Oil Companies.
I will place my trust in starting a Home Rule for Glasgow movement as there are some politicians there with a track record of attempting to fight them
—————————————-
Excuse me getting involved, but “I cannot conclude that they are in favour, not bothered by, or mildly opposed to the organisation.” ?
I think McAaskill’s views are crystal – viz his praise of the sectarian singing of the huns. Salmond can come out any time and condemn never has. Complicity that’s called.
TBJ says Wee Oscar Knox is in heaven with the angels
haha…thing is this mambo-jambo couldn’t count to five if his asbo depended on it!
Just proof that salt reduction is good for you. Ask the ole BP about it
https://m.youtube.com/watch?v=b6O20YmDmdM
Thindimebhoy
Larry flint?
67Heaven … I am Neil Lennon ….The angels are with Wee Oscar in Heaven.. Ibrox belongs to the creditors
21:10 on
12 September, 2014
Been working late….what happened to the sevco share issue…..?
=====================
They raised 3.13 Mill.
I’m just in from a days golfing, I thought that if they didn’t raise the minimum of 4 the ba’ was on the slates………or did the rules change?…..for a change. :-)
Teuchter
To be fair boydy said he would play for nothing … Or was it he was good for nothing
JJ
Yes
Home Rule for Glasgow. Now that i could happily vote Yes for.
Just about to board the emirates flight for a holiday in Dubai then Thailand good luck to the bhoy’s tomorrow hope our new players perform well
The Skids …..Working for the Yankee Dollar…..
Stuart Adamson RIP
Skids – Working For The Yankee Dollar – YouTube
http://www.youtube.com/watch?v=LCiWXktdyTQ
I have a house high up in a prominent position on the Dunfermline skyline if anyone has a very large YES flag I can hang Catalonian style (vertical writing)!
Balcony is 3M wide with a 4M Drop.
If anyone knows of a spare flag from a YES event I am more than happy to fly.
H.H.
NatKnow
It wont be like that it wont be the same old under a different flag
We can use the EU for international settings on law
Don’t forget we can adopt the EU human rights laws Westminster wants us to dump