Shared business plan? Not in a million years

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I see comment in today’s Telegraph about a shortage of staff to facilitate a club which occasionally hosts circa 50,000 fans at Ibrox.  Let me put some meat on the financial bones of that particular project.

During 2010-11, the last season Paul Murray and Dave King were directors at Ibrox, Rangers spent £27.7m on wages with the bulk of that, some £21.5m, going on players and football management, while £6.2m went on non-football related wages.

That same season 37,599 season ticket sales were bought, all at ‘full price’, of course, which brought in £12.9m (this is net of vat, remember).  That was a bumper European season for Rangers.  They qualified for the Champions League, where they faced Manchester United, Bursaspor and Valencia.  They then dropped to the Europa League, where they beat Sporting Lisbon before going out to PSV Eindhoven.  Total ticket sales, including all cup, European, away support and individual match sales, came to £19.9m.

Newco’s revenue from all ticket sales and hospitality sales last season was £12.4m.  They also paid £1.629 in equipment hire and plant depreciation, this figure is not coming down, while costs for police, insurance, rates, water, electricity, gas, IT, office consumables, cleaning and the odd onerous contract was £16.4m

So consider: the last non-football wages at oldco was £6.2m and total ticket and hospitality sales last season at newco was £12.4m, while a recent peak for season ticket sales at oldco was £12.9m.

The only way modern football is a viable business at a stadium which regularly holds circa 50,000 people is with the support of healthy retail and merchandise deals, and with regular group stage European football.

Newco don’t have access to Europe, as they are a newco, and they don’t have healthy retail and merchandise deals.

If they eventually qualify for Europe they will need to eliminate seeded teams at every round to progress to group stage football.  They are not in as healthy a position as they were when Charles Green took over.  Green and his cronies had their business plan spiked, before those onerous contracts kicked in, by way of compensation, ironically, leaving the new regime with the prize they planned for, but it’s a battered looking trophy.

Now they have as much money as tub thumping can generate and Sugar Daddies are prepared to pony up.  No one has yet explained how this club is a viable entity.

For the record, we don’t share a business plan.  Not in a million years.

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1,070 Comments

  1. !!Bada Bing!! on

    So a player punches another player and knocks him out,wrong guy gets sent off and the other gets off Scot free? Ridiculous rule.

  2. Jungle Jim Hot Smoked on

    Geordie

     

    Good! If a bright chap like yourself ( for a Fifer!) misconstrues my post, then it must have been badly worded. Anyway, things to do,

     

    Cheerio for now,

     

    JJ

  3. F.A.B. Virgil on

    If the citing is post tackle then surely Butcher can be cited as long as you hear Paton’s case first. He is being cited not found at this point?

     

     

    I think they will argue that nobody is being cited for post tackle activity and that VVD is red carded for an alleged stamp going in. The only problem with that is that Paton must therefore have been carded for something else and if so misidentity is wrong.

     

     

    Bigger issue for me is not citing the diver.

     

     

    HH

  4. Jungle Jim Hot Smoked

     

    09:02 on

     

    11 March, 2015

     

     

    You also have to factor in that this was a league game, not a cup game with the extra expense.

     

     

    This was the game that was supposed to see those that had boycotted the ST sale come flooding back and therefore was supposed to take them soaring up past the 40k mark.

     

     

    What they’ll come to realise is that the product more than anything is what’s keeping folk away, and that’s not likely to improve very soon.

     

     

    If DK et al are depending on near sell out crowds on the run to the end of the season to meet a lot of their costs (as has been hinted), they’re in big trouble.

  5. Geordie Munro on

    Ginger,

     

     

    No mate.

     

     

    I was at a wedding there a few years back in inishowen. Stayed with a mates family.

     

     

    Twenty odd cousins, I was gonna ask if you knew any lol

     

     

    HH

  6. KevJungle

     

     

     

    08:48 on 11 March, 2015

     

     

     

    If Celtic FC dont have the resources or, the management team to get past Dundee Utd in the Scottish Cup well…..

     

    ——————————————————-

     

    In the stats in the link below, I can count 22 occasions from Season 94/95 to present when Dundee Utd have either beaten or drawn with Celtic in various competitions. Variety of circumstances and management teams including Wim/Murdo, Martin and Neil. Maybe they’re were all just rubbish managers with no resources…

     

     

    http://www.celtic-mad.co.uk/head_to_head/dundee_united/vs/celtic/index.shtml

  7. South Of Tunis on

    SFTB

     

     

    Pete Atkin

     

     

    For what it’s worth – I dug out – Beautiful Stranger / Driving Through Mythical America..They ( like me ) haven’t aged well.

     

     

    Both were next to this on the shelf –

     

     

    Bill Fay- Time Of The Last Persecution

     

     

    I was surprised at how good it sounded .So good I played it twice.

  8. So the rule now appears to be that you can’t be cited if the ref dealt with the incident by saying that nothing happened – or if the ref dealt with the incident incorrectly. You can only be cited if no one saw it. Bizarre.

     

     

    Cifci is punished retrospectively when he should have been sent off at the time, meaning United got an advantage, No one is banned for the red card meaning United get a future advantage.

  9. F.A.B. Virgil on

    Crowd size issue is cognitive dissonance. This was their first home game under the new monarch and so crowd was expected to have a large bounce factor. Ours is an unplanned replay at short notice on the back of congestion.

     

     

    Your comparing apples and pears or diamonds and cz or honest and cheats or living and deid

     

     

    HH

  10. Geordie Munro on

    I think Connolly not being cited either is a big issue.

     

     

    Tbh I don’t care if he was found not proven but I’d take some satisfaction from him at least being called up.

  11. FourGreenFields on

    oldtim67

     

     

    Will be in BV around 5 , I sent you a text yesterday . Did you receive it ?

  12. blantyretim is praying for the Knox family on

    FGF

     

    I’ve just spoken to him on the phone. I am off Friday so may catch for a beer in the afternoon before you bhoys head off to CQN

  13. Geordie Munro @ 09:45

     

     

    ‘Fraid not mate, wouldn’t know any of the local folk. My Irish connections are on my dad’s side and all gone now. Granda from Ballycastle and granny from Westport, Co Mayo. Was the the wedding at the Gateway? Stayed there on our first trip a few years back.

     

    HH

     

    Ginger1

  14. 67Heaven .. CHALLENGING THE LIE ..I am wee Oscar / Neil Lennon.. Ipox belongs to the creditors on

    Was just reading the paper there, and was surprised to learn that QOS hadn’t beaten that new team into their league, sevco …….hahahahahahahaha …..that late equaliser would have resulted in a few GULPS ….. WATZ, right enough….!!!!!!!!!!!!!!!

  15. Ginger,

     

     

    I’m not too sure. I think so. I remember it being quite nice.

     

     

    I was errrm tired and emotional for the entire time ;)

  16. SFA

     

    Making up rules to shaft Celtic since 1873

     

     

     

    SFA

     

    Making up rules to benefit one club since 1873

  17. neilmacallumlennon,

     

    Thanks for that info….gonna be even harder to get up for work Monday noo.

  18. 16 roads - Celtic über alles... on

    Happy Birthday Sean Patrick.

     

     

    Hope you have a brilliant day wee Celt.

     

     

    KTF.

  19. timaloy29

     

     

    10:15 on 11 March, 2015

     

     

    Van Dijk is going to get done isn’t he?

     

    …………………………..

     

     

    Nothing surer than that!

  20. Geordie

     

    Too old for that now, canny handle the hangovers! We’re heading back to Donegal in May but probably going further west. Loved the craic on the blog yesterday, more like it should be. Still laughing at BSR’s ‘Unseen fenian handyman’ crack.

     

    HH

     

    Ginger1

  21. From Maffew Lindsay’s “report” on Sevco v QotS:

     

     

    “The home crowd of 35,018, particularly the Union Bears and The Blue Order, were in a mood to party and belted out lusty renditions The Blue Sea of Ibrox and We Love You [Sevco].

     

    They joined in with the Bob Marley classic Three Little Birds as it rang out over the public address system and sang: ‘Don’t worry about a thing, ’cause every little thing gonna be alright.’

     

    It is a nice sentiment and it fitted in well with the sense of positivity that permeates Ibrox following the departures of Derek Llambias, Barry Leach and Sandy Easdale.”

     

     

    FFers come to a view on the reason for Robbie Neilson’s presence:

     

     

    “Hearts scouting our players?”

  22. glasstwothirdsfull @ 09:21,

     

     

    I get that and maybe I’m over cooking it a bit but for me when looking at the highlights VVD is just trying to get himself untangled while the guys kicking out at him.

     

     

    So why were the players sent off?

     

     

    Of course it could all be an honest mistake, VVD is a big distinctive guy, so easy to pick out, so maybe he was targeted because of this, rather than he is one of the most effective players in Scottish Football.

     

     

    It still doesn’t change the fact that neither the linesman nor the referee saw the incident properly.

     

     

    Ciftic kicked out at Scott Brown

     

     

    Butcher threw a punch at VVD

     

     

    Only picked up on slo-mo

     

     

    The commentator was surprised by the red cards as was most from what I can gather.

     

     

    The linesman should not be recommending Red cards for incidents he has not seen properly. And anyway, apart from the kick in the head it was all hand bags.

     

     

    Best thing, revoke VVD’s red card and game on.

     

     

    Hail Hail

  23. souhside

     

    1873 -so even before we were founded they had it in for us – and i thought they didn’t do planning

  24. “The linesman should not be recommending Red cards for incidents he has not seen properly.”

     

     

    Chairbhoy,

     

     

    Exactly. If something missed was so terrible, the compliance dude can sort it out instead of spoiling games fans have paid good money to watch.

     

     

    HH

  25. Steinreignedsupreme on

    Monaghan1900 10:24 on 11 March, 2015

     

     

    Dumbsay always comes across as a true fan of the new club.

     

     

    He even has his dream job – cutting and pasting Level5PR emails.

  26. GlassTwoThirdsFull on

    Chairbhoy

     

    Rescinding Virgil’s red would be the common-sense thing to do. SFA and common-sense? Hmmmmmm……

  27. Will Jambos will not need to play again to win

     

    the Championship ?

     

     

    Last 7 games all competitions sevco run is.

     

     

    LLLWDdD (6 were against championship teams)

     

     

    But i think i know how to fix it

     

     

    Only win was Raith on a Friday night after giving players

     

    Wed and Thursday of so that Inter could use Murray park.

     

     

    Keep players away from crack coaching and they win.

     

     

    BringbackSally CSC.

  28. Loophole mon derrier – they could have cited him for the incident that the referee obviously didn’t see – nothing to do with switching the red card.

  29. gene

     

     

    10:27 on 11 March, 2015

     

     

    Ha, in mitigation, it was just before my time. Some of the “auld yins” on here probably mind it better than me.

     

    I’m sure there were some “special rules” in place for our formation.

  30. Thomson must have known,by the length of time it was taking to get info from the buffoon of a linesman,that he was guessing at what happened.You must be 100% sure to send a player off (you would think…),he should have had a word with the randomly identified players,and played on.No official seen enough to red card anyone.