Castore Deal

In 2 years time, wages and agents fees must be 70% of turnover.
Our retail turnover is, say, £6m (all profit).
Celtic retail turnover is about £25m (profit unknown).
Does this indicate they have a potential extra £14m ish for wages ?
 
In 2 years time, wages and agents fees must be 70% of turnover.
Our retail turnover is, say, £6m (all profit).
Celtic retail turnover is about £25m (profit unknown).
Does this indicate they have a potential extra £14m ish for wages ?
It’s a very good question.
 
In 2 years time, wages and agents fees must be 70% of turnover.
Our retail turnover is, say, £6m (all profit).
Celtic retail turnover is about £25m (profit unknown).
Does this indicate they have a potential extra £14m ish for wages ?
An interesting question indeed. The new UEFA Rules are lengthy and mind-boggling. I'm not sure if 'turnover' is the correct word because at various stages in their Rules it talks about 'revenue' and 'operating revenue'. It also lists 'commercial activity' as being included in the calculation but goes on to say income from 'non-football activity' isn't included. Where would replica kit sales sit - under 'commercial' or classed as 'non-football' activity?

Seems an obvious loophole if any club can operate as per the Dhims rather than via the 'retail partner' route we, and many other clubs, use - and then gain some advantage from that.
 
I like Castore, sorry if that breaks the momentum of misery on here!
I bought the black away strip with orange sponsor and badges, 2 seasons ago? Cracking quality. Last years and the founders top were not so good. Like others say, too expensive given the number of tops, training tops, match day warm up tops, travel tops that they churn out annually. But then again we need to generate income if we are to I compete in Europe.
 

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