"... using a DOF we don't have".'the money will go to the manager that we still can't name, to spend on players we can't identify'
They are fucked. The additional credit facility they opened last year should have set alarms bells ringing given how fantastically rich they've pretended to be.They are in a worse state than I thought.
Can you imagine how long their PR department were working on the wording of these for?
“No don’t say that, we can’t let them know we’re skint. Just say they can chose to forego it”
Accounts are up to 30th June but will not be made public until later in the year.They are in big trouble
are their accounts not due end of June?
They must owe about 15-20m in transfer fees
they are likely looking at a 25-30m loss for last season
with a trickle of renewals their cash position must be terrible with a while seadon in front of them
they might not be able to sign off the accounts as a going concern
admin awaits and I would laugh my cock off if it happens
Things you love to seeHoly shit that’s bad :
‘alternatively you can choose to forego this additional sum in the Club in order that it can be utilised by the Manager to assist him in the rebuild of the first team squad and his quest to bring silverware back to Celtic Park.’
I wouldn't be so sure on the figures quoted when they sell players. I always remember Dembele - the press were quoting £35m-£40m and it turned out the actual fee was £18m-£20m.Accounts are up to 30th June but will not be made public until later in the year.
Selling Frimpong?, Edouard, Ajer will bring in £20-30 million, although like most transfer fees will be paid in installments.
If we win the Title again this season and gain direct access to the Champions League, allied to a lack of saleable assets for them then the next 12 months could see a huge swing toward us in financial terms.
Announce Gary Dicker and Alan Power as the new midfieldHoly shit that’s bad :
‘alternatively you can choose to forego this additional sum in the Club in order that it can be utilised by the Manager to assist him in the rebuild of the first team squad and his quest to bring silverware back to Celtic Park.’
I think the same mate what a smile I've got on my faceI'm absolutely convinced there is something going on behind the scenes over there. They are an absolute mess.
My money is on James McLean. It's an absolute certainty. In times of trouble find the biggest Irish Republican they can get - and if they're a terrorist sympathiser even better.Announce Gary Dicker and Alan Power as the new midfield
Throw in the invisible scouting team. They have a list from Japan, Australia and the Greek 3rd division, don't they? Oh and any cnut with an Irish sounding name that has been released."... using a DOF we don't have".
Delightful.
We are well aware that the season just passed has not turned out the way we had all hoped
Assuming £400 a ticket. That’s a black hole of near £15m! Less the £50 voucher which takes another £600k from their turnover
I can't believe the hordes aren't asking where all the money has gone.To be fair it’s not really much different to what our hospitality punters were asked to do also.
Although I do think it’s starting to dawn on them that they may not be as “cash rich” as they were led to believe.
from another planet in another universe'the money will go to the manager that we still can't name, to spend on players we can't identify'
I doubt they'll get that much combined for the three of them.Accounts are up to 30th June but will not be made public until later in the year.
Selling Frimpong?, Edouard, Ajer will bring in £20-30 million, although like most transfer fees will be paid in installments.
If we win the Title again this season and gain direct access to the Champions League, allied to a lack of saleable assets for them then the next 12 months could see a huge swing toward us in financial terms.
My money is on James McLean. It's an absolute certainty. In times of trouble find the biggest Irish Republican they can get - and if they're a terrorist sympathiser even better.
It doesn't even buy the orange and blue Adidas shirt from their websiteReally pushing the issue wi this £50 voucher.
Didn't Terry Munro leave them cash-rich ? lol
Holy shit that’s bad :
‘alternatively you can choose to forego this additional sum in the Club in order that it can be utilised by the Manager to assist him in the rebuild of the first team squad and his quest to bring silverware back to Celtic Park.’
I hope that's trueIs it true the 50 quid vouchers can't be used on adidas gear?
We haven't been shouting from the roof tops about being "cash rich". We are still recovering from the trauma of 2012. Apples and oranges.We did do not far off the same thing with money going back into the club for money back from STs.
I don't mind laughing at them however I'd rather laugh at them for things we ain't done ourselves (well in the past 3 seasons) as before that everything to do with the club/money was an utter mess
To be fair our club has did exactly the same with hospitality clients.Holy shit that’s bad :
‘alternatively you can choose to forego this additional sum in the Club in order that it can be utilised by the Manager to assist him in the rebuild of the first team squad and his quest to bring silverware back to Celtic Park.’
AYE THEY HUVV JUST HAD A REVOLVIN DOOR FITTED FUR NEXT SEASON'S STADIUM TOUR!They are literally begging for donations.
Good Afternoon,
Firstly, the Club would like to thank you for your continued and unrelenting support through this very difficult period. We are well aware that the season just passed has not turned out the way we had all hoped however we look forward with optimism to the opportunities which lie ahead. We will be doing all we can once again to bring you the success which your support deserves.
Your support of the Club is hugely appreciated and has been vital in helping us to navigate through these past 12 months. We are also mindful of the challenges and sacrifices you may also have faced during this period. At the time you committed to your seasonal packages for Season 20/21, no-one envisaged that we would be in a position now where supporters have not been able to attend a single match all season. We have all been bitterly disappointed and frustrated by these circumstances.
As you will already be aware, as a thank you to our Season Ticket holders and in recognition of your phenomenal commitment during such a difficult year, the Club is pleased to let you know that you will also receive a £50 retail gift voucher by post. We are also delighted to announce that the price of hospitality season books are frozen for Season 21/22.
The renewal paperwork should be with you shortly. We hope you are able to join us next season and to renew via telephone please call me on 0141 551 4311 or alternately you can scan and email your paperwork to me or post the hard copy to: Hospitality Department, Celtic Park, Glasgow, G40 3RE. Please note that the renewal deadline is 30 June 2021.
In terms of the ‘hospitality credit’ that we have previously emailed you about, I can confirm that we have applied the same ratio as explained when informing you of the credit due until 31 December 2020, factored in the home Scottish Cup match which could not be provided and, having undertaken a further review, are also offering you an additional credit sum. Your options around this additional credit are to have it added to your overall season hospitality credit, or alternatively you can choose to forego this additional sum in the Club in order that it can be utilised by the Manager to assist him in the rebuild of the first team squad and his quest to bring silverware back to Celtic Park.
We will endeavour to make contact with everyone to discuss the options regarding their credit amounts however due to volume this will take a number of weeks. Therefore should you be in a position to respond to this correspondence directly, we can outline your credit amounts by return email. If you would rather discuss via a call then please let us know when it is suitable for you.
We are encouraged by the recent announcement of crowds at sporting events across Scotland this summer including at Hampden, Murrayfield and on Glasgow Green. Celtic has been at the forefront of the effort to get our supporters back with us and now as we return to normality, we are preparing to welcome you home to Celtic Park as soon as permitted.
We are all looking forward to the new season with optimism and hope to see you back at Celtic Park again, cheering on the team, in the very near future.
Thank you sincerely for your continued support.