Oof - Celtic's Interim Financial Results

anyone else * off with the fact that the investment in the team has remained very little yet again like in recent years yet the debt has risen and the turnover has fallen

 

The debt has been falling steadily for a few years now, this is the first rise in debt in a while and due to the financial conditions we are faced with (some of which were outside our control) it was to be expected that it would rise.

Those figures are relatively good, however, it will count for nothing if we dont get it right where it matters - on the pitch.

 

the figures are good i agree but i'm a little annoyed at the continued lack of real investment once you count monies recieved from incoming transfer fees when you consider that the debt has risen, albeit, not by much but the turnover is way down.

 

Turnover is down so we have less money yet you expect us to increase our spending? The slight increase in debt is because we still managed to invest despite seeing a fall in revenues.

I was more surprised that we spent as much as we did, even although it was financed through the sale of other players, the fact that we still invested as much as we did surprised me.

 

Maybe if the board had invested in a couple of player's last january,we might have won the leauge,,CL place,and these figure's would have been better

 

i think the board new strachan was leaving and thats why they didnt but a couple of loan deals wouldve done.totally agree with what you say but.

 

We are going to be rather * when we dont win the league and the huns do and go right into the champs league since this will be the last season the side that wins the league jumps right into the group stages ,

 

lol

 

just seen this one the news, as expected over reaction from the great hun media, rangers almost in administration, but wait a second celtic who did not get any champs league bonus are a little more in debt than what they used to be!!! lol Im sure our board will sort it out

 

rangers almost in administration total * bullshit , exactly how are they ? They are in alot of debt but no where near administration any one that thinks that is really thick.

 

TM= season book sales down = champions league money nowt= league winners money nowt = players wages up = shirt sales down= supporters hearts broke = false hope beyond belief = loss of faith = financial meltdown imminent

sirry but true

 

get back to school you, recession=season ticket sales down.
drawing arsenal in qualifiers= no CL money.
no naka=shirt sales down.
robbie keane=shirt sales up.
peter lawell=player wages down.
setanta=spl financial meltdown.
spl=financial meldown.

i am no TM fan but blaming him for the small PROFIT isnt fair. he is to blame for what happens on the pitch, not for what happens on the balance sheet.

 

just another way of saying yer getting nothing more and ngemo will not be bought.
the guys on loan are just that, they are getting there Neb in so you will not be surprised as to when they said like we told you all in February the situation unless you challenge them now about future signings they will dingy you come the summer
as they will be of on holiday

 

quote john reid, what happens on the pitch reflects in the profit margins,the buck stops somewhere?

 

im sorry, but you cant blame our financial situation of TM. yes if we were winning every game 39-0 then we would be a bit better off.

but virtually no clubs are doing well financially due to the economic climate as fans dont have spare cash so they dont buy things that they dont need, they dont go to as many games as they would do if they could afford it. also being stuck in the spl doesnt help.

 

Doesn't anyone see that we made a profit. Probably one of our lowest in a good few years. We are not in a financial mess. Stop trying to understand something you don't understand.

Finances are fine... Actually pretty decent for the current financial climate. End of ffs Some "supporters" are worse than the daily hun or the daily ranger.

 

Turnover is in the trading account and is used to work out the gross profit taking into account the cost of sales.

indirect costs in the profit and loss account are deducted from the gross profit to calculate the net profit.

Tax is chared on the net profit and Danni girl is correct to a point -loses can be carried forward and used to reduce your net profit but these losses can only be used in certain circumstances.

All in all not good but not worrying either.

 

IF we had spent last january,and won league,no Arsenal,straight into CL,more money,read account's,not media feed