Ambition!!!

This is up there with your “America’s worst ever economy” waffle

 

Are you a lawyer or accountant by any chance

 

Maybe the board as saving enough cash to bring in Ronaldo, Messi and Lewandowski

 

I was a Fund Manger/IFA - who, like most investment banker/private equity investors look for profit/potential growth/strip out profit first and foremost (majority of the time). - which is the very last type of investor anyone with any sense would be shouting about to be running the Club.
The ideal “big” investor would be like us, who bought shares in Celtic - we bought them and basically never worry about the worth of the shares. Ironically DD is pretty much that, his only major condition is the Club should be self supporting and sustainable - basic common sense for the, very very, long term future of the Club.

I’ll make it simple for you - Go and have a look at Man Utd and see how it worked out for them with the glaziers/private equity and leveraging debt/future profit. To make it even simpler, seeing as you actually cited the orcs as a good example - my sides hurt at the laughter that caused me lol - look at the state of them.

DD/Pete etc arent perfect but they make sure we are run on a sustainable path.. this is ideal for the Club/Us as a support.

 

Asset return and growth. We are cash rich which is great. But not making our cash work for us is the problem. You only need to look at the AAs to see the yield on the deposits.

Football is a great thing in which we can buy a player and turn that usually into a >100% return within 1-2 years even if they aren’t that good. Our equity is great and would be even greater if we delivered more of that.

You’ve hand selected Man Utd to make a point around not utilising leverage, forgetting that lots of football clubs use it (Man City and Chelsea have taken out sizeable debt packagers recently even though most see them as having the richest owners in the world). Equally it is relatively standard practise for a corporate on a growth trajectory

Receivables financing is pretty standard stuff for FTSE, S&P, DAX corporates - it’s about optimising working capital and enhancing cash flow - not really got an impact to the P&L. It is generally off balance sheet if your auditor is doing it right.

 

More waffle
AI combined with google doesnt always project the desired knowledge.

 

Your content and patronising tone indicates your are an auld fella with old school views

Leave innovation to the rest of us..

 

Hmm the fact you haven’t tried to dismantle my content suggests - confirms- my view that you dont actually know what you are talking about - hence me mentioning AI and google.

If you are the future of innovation lol, then we are * as clueless sums you up perfectly.
Imagine citing the orcs as a good model to follow… * me

 

My reply was quite clear - but you opted for your standard patronising response.

Usually a good indicator you know your talking garbage

It’s called Receivables Financing. Let me re-state again - it is becoming increasingly commonplace in football and the corporate space. I don’t care if the Huns are or aren’t doing it but they are so good for them.

Here’s some bed time reading to go with your Horlicks and Werthers tonight. It even has case studies so you can get tangled in more mental gymnastics
https://www.tradefinanceglobal.com/finance-products/sports/

 

Your reply was, "let me re-state", yet more bullshit. (Supplying a link that is basically nothing more than sales patter speel, to back up your *, doesn't work well either but again you carry on lol. You'd actually do well to read it again but this time try and understand whats said in it lol).
Oh and you moaning about my "patronising and condescending" attitude, as you gibber on about my age and "horlicks/werthers" - I don't like horlicks but I do like a werthers on occasion for future reference for you - makes you look pretty hypocritical and dumb but carry on son as this is a long established theme with you.

Now, the arrogance of you thinking you can teach me about "receivables financing" is pretty spectacular given you got handed your * when you described the american economy as being "the worst ever in history" just more utter bullshit from you.
You wanting US to sell future income streams for a lump sum and wanting private equity investors involved etc - when there is absolutely no requirement to do this is stupid but that is what you are on this subject. As I said, AI and google can help folk, try, to project knowledge on a subject, to a degree, but being clueless will still shine through... especially when you try and talk to someone who actually knows what they are talking about.

ticketus might ring a bell for folk.. superb deal that was for the orcs but here you are advocating for a similar thing for a Club who has no cash flow problems and is currently sitting on approx 100 million.. with many 10's of millions more on their way... lol aye you're a real financial whizz kid eh

Anyway your the innovator huh... deary me... thankfully your level of innovation isn't going to affect anything of relevance at Celtic or in life if we are being honest

 

You were the one that got cheeky to start with so come off your high horse.

I’m not on this earth to teach cheeky folk like you concepts like utilising leverage and the optimisation of cash flow. The link provides the background and case studies of it in sport and football. If that’s not sufficient for your mental gymnastics, have a play around with Google or maybe even AI

Your an ex financial advisor - your not as close on this as you think

I would rather we use our cash and/or leverage and/or optimising our cash flow to ensure we get the correct signings in July rather than wait to see if we qualify for the CL at the end of August and overpay and/or get no-one. That’s it in a nutshell. If tapping into the Matt O’Riley transfer instalments (for example) helps that decision and supports our strategic growth then it should be on the table.

Thank you and enjoy the Werthers

 

Oh you are certainly not on this earth to teach, that’s for sure.

I would ask why a Club sitting on approx 100 million with many 10’s of millions to come in would need to sell off an income source - which costs them money - but I wont as there is no reason for it whatsoever given we wont spend half of the 100 million this window. But here you are advocating we do exactly that = clueless.

Aye I am now an ex IFA*/Fund manager at the age of 56.. I wonder how I have achieved that/been semi retired (I have retained various directorships in financial firms I owned) for the past 3 years as well… hmmm clearly its me who is clueless here huh lol.
If only I was an “innovator” like yourself eh

* I do still retain my full authorisation as a regulated individual so my knowledge/expertise remains current son.