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
- ...
- 23
- 24
- 25
- 26
- 27
- 28
- 29
- 30
That midfield looks very light to me.Johansen can consider himself very fortunate to be in the team as he has been atrocious in his last 4 games.
Is Griffiths injured? Not even on the bench.
Good looking team, good looking bench..
Mon The Hoops…
If the UK want Scotland to pay off any debt then they better be nice :)
Sandman….
Barry Robson would still get in Celtic midfield as a first pick…..
The guy who,more than most,won the title in 2008
Wonderful player for Celtic that season……
WGS knows a player when he sees one.
One euro a pint while waiting to watch the game, it’s gonnae be messy (thumbs up)
Hx2
KevonBhoy and DaughterGhirl in da house, well lounge…MTH.
Hail Hsil,
KevinBhoy.
Starryplough….
Beauty is in the eye of the beholder…..
Don’t see anyone ‘good looking’ enough in that midfield to catch my daughter’s attention.
KB
oldtim will be at the bar….8))
ryecatcher
11:58 on
13 September, 2014
I loved Barry too.
Very useful in a stoush.
Canamalar….
Maybe Alex Salmond can receive consultancy from Charlotte Square on how to walk away from debts?
Philivisreturns
Thank you for copying and pasting more stuff. So just to be clear .
You are hanging you hat on a quote from the EU bod ( I remember the tv sound bite) saying that ” … If not impossible for Scotland ” to join the EU.
I have just checked and my head does not zip up the back, I suggest your own
jist in fae the jiggin’….
Yippee!
Sandy n Stevan..ur Playin’ the day!
Nice!
Commons, goat a game?
Ah Don’t like Commons, any Mair.. Ah hiv goan Aff him.
Why?
Dunno.. but, Ah jist hiv.
Ah wull watch him carefully, the Day..tea see if Ma Gut it Tellin’ me True..aboot Commons.
Come oan the Celtic.. Let’s.. Strangulate n Spiflicate…these Northern So n Sos
Kojo
Still ,Laughin
2500 people own 3/4 of all of Scotland’s land. Who’s better together?
VOTE YES
Robson and Rooney both on the bench.Surprised at that.
Hey,Kojo.
How was the jiggin` ?
Grim?
Canamalar so an independent Scotland won’t have any debt?
Dexter. So in an independent Scotland we repatriate all the land for the mother country? Shall I add it to the list?
Dexter…..
11 families own 90 % of the planet
IlluminatiCSC
New article up re game
politics can stay here…8-))
Wud liked to have seen guidetti play, was fit enough for his country, on plus side good options on bench, hopefully manager has realised simply playing nice football not enough in Scotland, need a bit of steel an teams won’t stand bac and admire us, we no longer have fear factor, sheep will have a go, team need to be aware an set up for it, not sure any team has ever won anything without good defensive cover in midfield
Neganon2,
That depends on the terms of the separation doesn’t it.
If we don’t exist currently as a nation state involved in Europe then we can’t have accrued any debt as a nation state now can we ?
Phyllis Dietrichson @11 51.
Butting in —————-
” If part of the territory of a Member state would cease to be part of that state because it were to become a new Independent state, the EU treaties would no longer apply to that territory ”
Jose Manuel Barroso –European Commission President .
NegAnon2 et al gies peace game on in 30mins. Hail Hail Hebcelt
Macjay
Hiya, Pally?
Nice tae greet ye.. as usual..
jiggin’ wiz Fine.. Hivnae gone tae bed.. These early Starts … are well.. Too Earyl fur me!
Still, Ah Luv the Celtic..so..
Did Ye see that Ah hiv gone aff .. Commons?
Well..Ah hiv.. In fact , Ah hiv Gone aff him.. since this Season Started..
Ah believe that He hiz Shot hiz Bolt!
Last season.. wiiz hiz Last Hurrah..
He took too much oota himself.. so noo he is Too Puffed tae Poop.
He is a desperate guy.. But, Ah wid Let him go..
In Ah wur King.
Nice Chattin’…as Evah,palomine
Kojo
Still,Laughin’
Hail Hail fae the Brazen!
Walked up from Celnral Station to CP
YES
IRISH FOR YES
RADICAL INDEPENDENCE
Everywhere
Where are all the NO workers and canvassers??
NOT ONE
has TWISTY posted his horsey tips yet…..cannae find the anywhere!!!
apologies for all the utter pash i’ve posted on here over the years, truly mortifying for me, things are improving and i am in a far more stable place.. Hail Hail
THE =THEM….. BLOODY HANGOVERS.
phyllis dietrichson – it’s a result of international law on the succession of states. Unless the EU is prepared to go against the established norms of international law – and they’ve said they won’t – an independent Scotland would be regarded as a new entity which wouldn’t automatically inherit the treaty rights and obligations of the UK.
There’s a good article in the Guardian about it here:
http://www.theguardian.com/commentisfree/2012/sep/13/independent-scotland-eu-member-snp (thumbsup)
Live updates on new thread
The OO is an English problem foisted on us by England.
The banking crisis was caused by England
We will dismantle capitalism but at the same time attract industries and cut corporation tax
Oil is more precious than water economically
Vetoing no means you think the same as the OO or BNP but pointing out sectarian scottish behaviour like the OB and you are playing the orange card
Politicians are bad but politicians in an independent country won’t be
We will get the parliament that we want because we are all going to vote the same way but who cares about minorities within Scotland
We will be a very wealthy country but will abandon the financial sector and capitalism
Scotland will go it alone but retain the uk currency against the will of the uk
Scotland will go it alone but be a member of the EU whether the EU wants it or not
Scotland will retain the uk currency and be a member of the EU but not adopt the euro
Socialist communist Marxist Scotland will still be a monarchy with Elizabeth, queen of scots our head
We will eradicate anti Catholicism in an independent Scotland despite being 16% of th population.
Scotland will create an oil fund while cutting corporation tax, borrowing at higher rates of interest, funding free university education, free care for the elderly, free prescriptions but not raise income tax and probably freeze council tax.
Scotland will become an incredibly wealthy country but nationalise BP and the banks and of course dismantle it’s capitalist system.
Scotland will get rid of trident but will be a member of NATO whether NATO likes it or not. That way we will have a small scottish defence force but still benefit from NATOs protection but not have to pay for it.
Scotland will be an international powerhouse whilst it unilaterally dismantles capitalism.
The OO is an English problem foisted on us by England.
The banking crisis was caused by England
We will dismantle capitalism but at the same time attract industries and cut corporation tax
Oil is more precious than water economically
Vetoing no means you think the same as the OO or BNP but pointing out sectarian scottish behaviour like the OB and you are playing the orange card
Politicians are bad but politicians in an independent country won’t be
We will get the parliament that we want because we are all going to vote the same way but who cares about minorities within Scotland
We will be a very wealthy country but will abandon the financial sector and capitalism
Scotland will go it alone but retain the uk currency against the will of the uk
Scotland will go it alone but be a member of the EU whether the EU wants it or not
Scotland will retain the uk currency and be a member of the EU but not adopt the euro
Socialist communist Marxist Scotland will still be a monarchy with Elizabeth, queen of scots our head
We will eradicate anti Catholicism in an independent Scotland despite being 16% of th population.
Scotland will create an oil fund while cutting corporation tax, borrowing at higher rates of interest, funding free university education, free care for the elderly, free prescriptions but not raise income tax and probably freeze council tax.
Scotland will become an incredibly wealthy country but nationalise BP and the banks and of course dismantle it’s capitalist system.
Scotland will get rid of trident but will be a member of NATO whether NATO likes it or not. That way we will have a small scottish defence force but still benefit from NATOs protection but not have to pay for it.
Scotland will be an international powerhouse whilst it unilaterally dismantles capitalism.
Scotland will repatriate all land for state ownership and the mother land
Scotland will have no debt post separation because we will refuse to take on any debt shared with the uk. This is not to be confused with our stance on a single currency.
Despite claims that, Scotlands parliament descending into mediocrity, independence will change it and it will become a vibrant parliament with the same politicians in it.
The Scotland today, currently riddled with Masonic influence, will shake off that influence despite being riddled by Masonic influence.
Scotland as a member of NATO, whether NATO likes it or not, will not engage with illegal wars or any conflicts which we don’t like but still get the protection that NATO brings.
Scotland currently dependent on North Sea oil will not be dependent on North Sea oil despite being dep dent on North Sea oil.
The OO is an English problem foisted on us by England.
The banking crisis was caused by England
We will dismantle capitalism but at the same time attract industries and cut corporation tax
Oil is more precious than water economically
Vetoing no means you think the same as the OO or BNP but pointing out sectarian scottish behaviour like the OB and you are playing the orange card
Politicians are bad but politicians in an independent country won’t be
We will get the parliament that we want because we are all going to vote the same way but who cares about minorities within Scotland
We will be a very wealthy country but will abandon the financial sector and capitalism
Scotland will go it alone but retain the uk currency against the will of the uk
Scotland will go it alone but be a member of the EU whether the EU wants it or not
Scotland will retain the uk currency and be a member of the EU but not adopt the euro
Socialist communist Marxist Scotland will still be a monarchy with Elizabeth, queen of scots our head
We will eradicate anti Catholicism in an independent Scotland despite being 16% of th population.
Scotland will create an oil fund while cutting corporation tax, borrowing at higher rates of interest, funding free university education, free care for the elderly, free prescriptions but not raise income tax and probably freeze council tax.
Scotland will become an incredibly wealthy country but nationalise BP and the banks and of course dismantle it’s capitalist system.
Scotland will get rid of trident but will be a member of NATO whether NATO likes it or not. That way we will have a small scottish defence force but still benefit from NATOs protection but not have to pay for it.
Scotland will be an international powerhouse whilst it unilaterally dismantles capitalism.
Scotland will repatriate all land for state ownership and the mother land
Scotland will have no debt post separation because we will refuse to take on any debt shared with the uk. This is not to be confused with our stance on a single currency.
Despite claims that, Scotlands parliament descending into mediocrity, independence will change it and it will become a vibrant parliament with the same politicians in it.
The Scotland today, currently riddled with Masonic influence, will shake off that influence despite being riddled by Masonic influence.
Scotland as a member of NATO, whether NATO likes it or not, will not engage with illegal wars or any conflicts which we don’t like but still get the protection that NATO brings.
Scotland will be rich in water because rain will stop at the scottish border. We will become wealthy selling the water.
Scotland currently dependent on North Sea oil will not be dependent on North Sea oil despite being dep dent on North Sea oil.
For any latecomers…
CQN Saturday Naps Competition
Lads, for those who are in the CQN Saturday Naps competition, please go back and post today’s selection at the end of the previous article :
“There’s only one John Guidetti”
All the best, fleagle1888
Tony mc kelvie on twitter
‘It really is the last night at the proms’
:-)
Enjoyed the game today, enjoyed the west end brewery and later on at the pheonix.The company of Celts today was quality.everyone.great to meet you all.
Kevinbhoy all the way from Kazakstan I hope you enjoy the rest of your stay and time with family CRC,TGCW, HT,ACGR,DD
Eddie,wee fra and those i met and missed
out(sorry).
Hail hail to you all.
:-)