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.
[calameo code=0003901718cdc4362fa2e? lang=en page=122 hidelinks=1 width=100% height=500]
1,143 Comments- Pages:
- «
- 1
- ...
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
- »
tobagostreet
you getting close to stealing my moniker……
:)
HH
This mornings front pages show us exactly what to expect from the MSM and the establishment until Thursday. I fear that a backlash from our leaders will be severe in the event of a close vote either way.
The sand has shifted and the Yes campaign have been fighting a great fight against the established state powers and their paymasters from the banks and retail sponsors.
We do love a fighter, but I ecpect a narrow win for No then watch the fur fly as the devo max “promises” are vetoed or watered down.
The tricolour flies proudly all over Northern Ireland now – Paisley, I hope you roast in hell!
murdochbhoy
Auldheid
Thanks for that link to that teachers account. If you are about next Saturday and fancy a beer drop me an e-mail. Kilbowie Kelt if you’re of a mind to you could ask Pajl for my e-mail address and we could have a beer too.
Does anybody know where Jabba has gone?
Mon The Hoops!
I’ve been a Scot my whole life, did not stop them from stopping me vote and fellow Scots kicking me out….
Jim Sillars being “rudely interrupted” on Sky.
Not tolerating it.
Good lad.
Good morning CQN, from a presently overcast Nordrhein Westfalen. This one is for the happy clappers and hopefully the Yes voters, next Friday, but especially for all us Tims because Celtic are playing again today:
https://m.youtube.com/watch?v=IbVoo7YLWnI
A great cover version
COYBIG
murdochbhoy
im with you
and as for Ian paisleys apologists who are on here
WTF? get a grip, he was a bigotted monster,
Hell is too good for him.
disgraceful to see tims standing up for him
ach well, the OO walk today should suit you apologists
HT @ 23.59
Hello auld yin ;-) I’m well.
Sorry I never got back to u last night…..went for a bath with my new selection of toys….recommended by an esteemed poster on here.
The OO, pity them and scorn them and laugh at them, they’re a shower ( prefer a bath maself ) of insignificunt scum bags.
Growing up in Johnstone, there seemed to be one every other week, so it was good to have friends in high places…..the 12th storey to be more precise. We made our own entertainment, all we had was a bag of balloons, some natural body fluids, mainly of the liquid variety…mainly!!! and the occasional bic…..oh the fun.
Are u meeting up for beer after the game? If so I might see u, I’ve got the car, but hoping to catch a beer with ma bro before he buggers off to Romania. Is there a definite meeting point?
Tamrabam
07:35 on
13 September, 2014
Absolutely agree with you.
However,the dilemma for some of us is that Martin McGuinness referred to him as a friend.
Auldheid
00:10 on 13 September, 2014
mean song
23:55 on 12 September, 2014
http://www.bbc.co.uk/news/uk-scotland-scotland-politics-29168382
“Of course if that develops into a useable product in 10 years the bottom will drop out of the price of oil.”
The major oil companies will block any such development.
:~(
==============
“It’s the unseen and unexpected that really screws plans.”
Aye, but it makes life (and the fitba) all the more interesting.
:~)
tamrabam
07:35 on 13 September, 2014
Paisley was a vile, evil, intolerant, aggressive scumbag.
I won’t rejoice in his death however.
I’m not an apologist.
pedrocaravanachio67
Ahhh timing youngster :-)
I’ll need to plead the 5th regarding some of my run ins with the Orangies :-)
I’m going to head out for a while after the game so hopefully will catch you for some warm milk and a Farley’s rusk :-)
West Brewery I believe is the meeting venue.
Good Morning Timland.
The sun is up and Celtic are playing,shower,shave, and a
trip to the barber,don’t have a clue about the team selection
today.
I see the hun juggernaut towards the top tier continues,please
don’t tell me their going to die again,they have too many brethren
in high places.
I trust that cqn’s referendum debate will be set aside for a few
hours while we concentrate on our team.
Most definately better together eh?
@RFCSwitcheroo: Everyone’s fav mouthpiece Ian Davidson is definitely #BitterTogether #Expenses currently running at £174,288.72 http://t.co/czFdaKRjqp
Gravy Train must keep moving.
MP expenses rise to £103m.
So that is an average of £158,461.56 per MP
170 MP’s employ family or partners paying them up to £55,000
MWD says AYE
HT
I rejoice
HT
Hopefully see you there, I’m in work just now, till 12ish….mad rush to the game.
Looking like a cracking day, hopefully we get the football to match it.
Till later HH.
Nye
I watched some of the hun game last night.
They looked competitive.
Admittedly,at that level.
Foggy and cool in dunblane this morning…..at least I think it’s dunblane…
Weans’ footie at 9.
Bigger Bhoys later!
Can’t wait X2
HH jamesgang
TBJ
……and be glad in it and be glad in it :-)
Away to get ready for the game …..really looking forward to a great day in Paradise …. Hail Hail to all
hamilton tim
sorry mate, but i dont undertsand why you (and others) are not happy to see the back of a “vile, evil, intolerant, aggressive scumbag.”
me? Im delighted
and see all those folks just like him who are marching in Edinburgh this weekend, i would be glad to see the back of them too.
and see that fitba team that they all congregate around, i would be glad to see the back of them too
maybe, thats just me?
Up and dressed and awaiting roll n skwerr before setting off for the train at Waverley Station, destination Celtic Park.
Going early to avoid the nasty orange hordes who will pollute our beautiful capital with their nefarious presence.
Will head for the Kerrydale Suite for a couple of pre-match libations. Will say hello to CQN corner, if I can find it this time.
Looking forward to seeing the new Bhoys in action.
2-0 Celtic.
Was really looking forward to the game.
Been up half the night being sick and have the trots.
Had to give ma ticket away.
No happy
Tom
walk out kds down towards superstore, cqn corner at pools office, tbj will probably be 1st there.
I’ll admit. I smiled and let out a wee cheer when I heard about that fella passing away yesterday.
Only second time in my life I have did that. Last one was Thatcher.
Come to think of it, I wish Fred & Rosemarie West and had died before he before they partook in their crimes. I would cheer that type of scenario too.
Would probably have cheered the death of someone like Hitler.
Some people do not deserve our sympathy nor our societies need to hide the truth of our feelings.
Bye Ian. Don’t let the fire burn you too much on the way down!
MWD says AYE
BT
tbj lives just under pools office.
MWD says AYE
Thanks BT.
I tried around there prior to Maribor and spoke to a group of 5 or 6.
“Is this CQN corner?”
“Whit?”
Will try again mate.
Hail Hail.
A few of us there prior to maribor game. Stand at the railings and weefra will look for you with his larkhall no1 badge on…unless Martim1980 has him over his shoulder 8))
KTF.
Just in from Dublin, swift trip to Ayrshire to see my dad(post minor op), back up for game and then airport and home. Weird not having the auld boy come with me for once!
Looking forward to it, 3-1 to the Hoops
Tom McL
Send me your mobile number on FB & i will give details or try & meet you & point you in right direction. Know where they meet, not introduced myself, too quiet. Hopefully get there in time, my wife & eldest daughter are doing ‘pretty muddy’ at Belahouston at 11am & i am watching my granddaughter till they finish & then head to game, could be neat.
I could also give you the mobile number of someone who meets there every game, he could keep you right too.
Have a good day Tom.
Morning all. Yet another beautiful day down here.
Hope we will be playing the game beautifully at Celtic Park at lunchtime. Excitement at the prospective of visiting my home building as always.
Early departure for me today. Both daughters keen to go and 2 into 3 doesn’t go,so TO for the pensioner:-) .Might be in time for Kerrydale suite:-) .Every cloud has a silver lining .
I thought the CQN corner was ticket only and you had to be in the clique!
No?
See yoos there then.
I’ll bring my boxing gloves.
MWD says AYE
MWD
“See yoos there then.”
MWD says Hi.
Twisty
I thought you where on holiday. No newspaper review through the night.
hope you are well, next Friday coming too early for me o((
moonbeams wd. wee oscar’s our bhoy and kano’s our mhan.
07:53 on 13 September, 2014
In answer to an enquiry of mine regarding his initial post, Chavez posted link at app 16:45 yesterday to access all MPs expenses.
Try http://www.parliamentary-standards.org.uk Claims are broken down into various sub-headings like accommodation, travel, staff costs.
JF Murphy’s claims over the past 4 years are particularly interesting. His staff costs increased from app £20k in 2012-3 to app £120 in 2013-4.
Surely he isn’t employing a team of staff to do Better Together work?
tom mclaughlin
08:17 on 13 September, 2014
I will send tbj and crc your moby they can contact you when they are there, if that’s okay with you?
Keep the Faith!
Hail Hail!