Aberdeen chairman Dave Cormack gave us a glimpse into the finances of practically every club in Europe by explaining the financial predicament his club finds itself in. They expected £1m in match day income between now and the end of the season, as well as £5m season ticket money by June, summer merchandising income and hospitality income. Instead, they have practically zero income stretching out for an indeterminate number of months – quite possibly until August or September.
Monthly outgoings at Aberdeen are £1.2m, this month’s costs will consume nearly all the £1.5m they had in the bank at the start of the month. How they, and others, meet payroll April, May and June, is a challenge for the industry. Few clubs are as well run as Aberdeen, most will be in more serious peril.
This is not just a Scottish phenomenon; it will play out across Europe. The Championship in England is particularly vulnerable. Around the time of the collapse of ITV Digital, Brian Quinn spoke of the pack ice of European football-broadcasting homogeny showing signs of a break up. That financial crisis in English football passed when the Premier League stepped in to salve any sores.
It remains to be seen what, if any, issues afflict the Premier League. Ticket and merchandising sales are almost irrelevant to the business model in England’s’ top tier. There, it is all about the domestic and international TV deals. It cannot be emphasised enough, Premier League TV deals are absolutely critical to the entire pyramid of English football. If the contracted number of games broadcast for this season or next cannot be fulfilled, the drop in income would have serious consequences.
You and I have been debating structural change in football for too long to get excited about any of this. There is a better chance of things changing now than at any point in the last 18 years, but whatever change takes place will not necessarily involve Celtic. Still, we can ponder….
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GORDYBHOY64-I have the best musical taste,we know that🕺
How’s things Mate,what do you do know with everything closing 🍀
cana
sorry about your dad i worked with joe in the yards he was a charactor
and a goo d mate to work with may he rest in peace
prayer will be said
gerry
FB,
been off since Friday night,other than going in for an hour
on saturday to shut the place up.
Only out for a bit today to walk to the shops,
spent most of the day on Netflix.
MELBOURNE MICK
I tried it , got so excited about beating your record , ah hid tae stoap furra shit :)))
MARSAPA
LOL. Only full sized toilet rolls count.
H.H . Mick
GORDYBHOY64-😉
I haven’t watched any of the second season of power.No spoilers please 😉
Still in?
Marspapa-aw yir back😉
FairhilBhoy and Bognorbhoy,
Cheers,
I’m going to visit here more often now.
FAIRHILL BHOY
Sumbdys got to keep an eye on you :))
https://youtu.be/6vQpW9XRiyM
BOGNORBHOY on 24TH MARCH 2020 9:48 PM
Help slow the spread of #COVID19 and identify at risk cases sooner by self-reporting your symptoms daily, even if you feel well 🙏🏼. Download the app
https://covid.joinzoe.com/
——————————-
App downloaded and shared with as many people as possible, also put it on my FB page. Anything that helps at this time.
GORDYBHOY 64-is DD doing ok,last time I spoke to him he was bumping up a brilliant Aussie tribute band 😂😉
yyyyyyyyyyy
Marspapa-I love Bruce,thanks pal-johnny 99 is my favourite for the same reason that Kenny Rodgers was my favourite,it was my music in school and its staid with me 💚
https://youtu.be/0tWOiipIsG4
GORDYBHOY64
Bruce Springstein all star band ………..billy joel on piano
Staid😉
FB
not heard from DD in a long time,
seen a couple of posts of his on SC
but that was some time ago.
Hope all are keeping good. Stay safe and we’ll get through this. Surreal times.
SffS
Marspapa,
FB is usually away to bed by now,
dont give him reason to stay up please ;-))
why is christopher blanchett on the weather
stay in the house
Shocking 😂🕺🕺
https://youtu.be/b_BTq8e6M-k
on a balcony , glass in hand , dancing with the wife looking across the Manhatton skyline and this wee tune playing
Well, don’t suppose anyone wants to get in touch with me – but if anyone does …welcome through P67.
Most people here know who I am.
Just wish we could meet.
GORDYBHOY64-I’m not allowed to work,so canny sleep 😉
GORDYBHOY64 on 24TH MARCH 2020 10:47 PM
Marspapa,
FB is usually away to bed by now,
dont give him reason to stay up please ;-))
unfortunately he ,like some of us, has no work to go to…better to get used to lol
Alasdair Maclean
good to see you back posting
hope you wont be a stranger
ALASDAIR MACLEAN on 24TH MARCH 2020 10:53 PM
Well, don’t suppose anyone wants to get in touch with me – but if anyone does …welcome through P67.
Most people here know who I am.
Just wish we could meet.
Nearly got up for a game against county then found out the guys i was getting a lift from were staying overnight overnight .
I love meeting new Tims , unfortunately the feeling is not always reciprocated :))
Take care.
DD in good form but doesn’t visit here anymore.
GORDYBHOY64-I’m not allowed to work,so canny sleep 😉
Inherit the wind,💚
https://youtu.be/KuYUxsl_F7k
FB…J99….
FAIRHILL BHOY on 24TH MARCH 2020 10:21 PM
GORDYBHOY64-😉
I haven’t watched any of the second season of power.No spoilers please 😉
Tommy still canny act….
BADA-ffs that’s a given 😂👍
MARSPAPA-thanks mate.What a story 💚
Bedtime 💚
Canamalar
Very sorry to read that your Dad has passed away.
Condolences to you and yours.
TT
Timing 💚
Apparently Daily Sevco reporting SPFL asking UEFA for guidance regarding giving Celtic the title. I refuse to open the article.
ALASDAIR MACLEAN on 24TH MARCH 2020 10:53 PM
Great to see you posting again Alasdair. Thought we had lost another good one. Take care.
Stay at home everyone. Beat the covid and save your essential workers and oldies lives. It’s not that difficult.
Hail Hail