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Rico Henry

Discussion in 'Transfer Rumours' started by mickcfc91, Aug 5, 2019.

Discuss Rico Henry in the Transfer Rumours area at TalkCeltic.net.

  1. Hammy89 Gold Member Gold Member

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    Erm, they spent every penny they could get their hands on... So, yeah, they spent their profits along with other methods of finances and tax avoidance schemes...
     
  2. Mr Shelby Moderator Moderator Gold Member

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    I'm not convinced.

    What's the deal with his injuries? Literally just seen a Brentford fan compare his legs to poppadoms...bodes well. Fs.
     
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  3. Blochairnbhoy

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    They never made profits
     
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  4. Jeremie Frimpong

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    Reflect on that.
     
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  5. Hammy89 Gold Member Gold Member

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    Haha very good.

    Any income, went out again. Better for you?

    We're not doing that.
     
  6. Hammy89 Gold Member Gold Member

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    So you're saying no income going straight out to afford players had any involvement? Genuine question now.

    How could they not pay the tax bill? Was it because they had no cash in the bank? Because any cash incoming went straight into outgoings for players etc.
     
  7. Jeremie Frimpong

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    Clubs do not go bust because they reinvest profits in their playing staff. That's the end of the discussion. Use your head.
     
  8. Hammy89 Gold Member Gold Member

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    Surely a factor for a club in our league, no? No club goes bust for one reason. Ill use of transfer money trying to be competitive is going to be one of them
     
  9. Blochairnbhoy

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    They went in a vicious cycle between Murray International Metals and the huns.

    They ultimately went bust because of failed payment of NI contributions “small tax case” and the issues with the EBT!

    Celtic don’t need to live out with our means.

    You can reinvest every penny from transfer fees because we have:

    Cash in bank. (£40m)
    52,500 in season ticket sales (£22m)
    3 new strips every season Record sponsorship New Balance (£5m season)
    2 strip sponsor deals with Dafabet and Magners (£7m)
    Celtic TV subscriptions (£2m)
    Prize money (£4m)
    TV money (£3m)

    That’s not counting either £30m from the UCL or £12m from the UEL.

    Either way we are living within our means adding £30m to the bank in the last 2 years shows this!

    We could reinvest all £25m but we won’t but you wait and see Lawwell and Bankier holding up the balance sheet and their “debt and debt like items” mantra!

    Even the worst did happen you have saleable assets in Ntcham, Rogic, Christie, Edoaurd, McGrgeor, Forrest.

    Celtic fans have fallen for the “oh look at what happened to them bullshit” entirely different set of circumstances
     
  10. Roskopicachu

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    It seems players want to go. This is normal when huge teams come in for our players.
    It's not so cut and dried, there are generally reasons for people wanting to leave.
    Sinclair's 30 and his next contract doesn't need to be his last, but generally that's what people say.
    One last crack at the big time. Scottish football isn't the big time anywhere else but Scotland.
    KT is again different but similar. At this stage, how do you pass by the chance to go and play
    at the Emirates every week. I wish he had, it would have been funny and fitted his persona
    to knock it back, but it would be akin to going and setting rather a big pile of cash on fire.
    What i know is Tierney's been a target for bad challenges. He'll be better protected in England with VAR
    and all that.
    He wants to go though and imagine you've just knocked back The Emirates to run out at Fir Park?
    You'd get sectioned. It's a one-off, chance of a lifetime move. Nothing to do with Celtic.
    Probably a lot to do with just how big the move is.

    What i'd say is wait until the window is closed before we make dramatic digs about a team that won 7-0
    at the weekend and is unbeaten all pre-season. It's really bad because we'll get the Tierney thing all over the media.

    This works in our favor trying to tempt players. It shines a light on what can happen which won't be lost on Ntcham,
    who's still getting the cold shoulder. Is it just me or are his performances night and day from last season?

    Some things get worse, some things get better. Normal for a successful team in the transfer window.

    Downsizing is also what you do if you want to free up wages and generally that's to offer a big contract to someone else.

    Give it time. We're far from finished in the transfer window.
     
  11. Jeremie Frimpong

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    How could we possibly go bust as a result of that? By definition, if you are turning a profit, you are already covering all outgoing costs.

    Now, it might be prudent to save some money to mitigate against future loses, but future loses would not be incurred by investment in our playing staff if we reinvest profits alone.
     
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  12. Tim-Time 1888 Always look on the bright side of Life Gold Member

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    They 'invested' every penny that came in originally then when that wasn't enough to maintain what they had become used to spending, to cover the outgoings, they looked at EBT's .. so it's not really pish, what is pish is when folk treat the running of a Club like they run their FM game.
     
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  13. Jeremie Frimpong

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    "The Huns didn't go bust because they reinvested their profits in their playing staff." That is what I said, and it is incontrovertible.

    No one has suggested that we spend beyond our means, and most people recognise that it is prudent to keep some of our profits in reserve.

    So, in short, he was talking pish.
     
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  14. DEADEYECFC

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    Don't fancy this at all
     
  15. bhoy81

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    Made of glass and even His own fans are saying the same.

    Don’t need another sick note.
     
  16. CydonianWaffle

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    Doesn’t make sense.
     
  17. CountyDownFaithful

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    Looks a promising player but we can’t risk bringing in another injury prone player

    I want ready made players with experience and a history of playing regularly
     
  18. CookieMonster Geez yer cookies Gold Member

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    Very promising player but not worth the risk for 7M. We are seriously regretting not getting Perraud in.
     
  19. Tim-Time 1888 Always look on the bright side of Life Gold Member

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    It is incontrovertible that they went from 'investing' every penny they had- which included profit - to using EBT's to keep it all going, til that failed, then we know what happened.

    Aye some folk, you Vert being one of them usually, do realise that we need to keep a reserve to cover running costs etc the problem seems to be how much that should be though. We are at/approaching a point when it looks like we will have large chunks of expenditure that will require to be funded/paid for. Personally I would prefer to pay that from reserves, even though money is relatively cheap to borrow.
    Compared to some of the pish posted on here when it comes to A/ running a club B/ those running the Club it really wasn't pish at all.
     
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  20. MacEwan Himmy Butler Gold Member

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    I like him a lot, he’s got great potential, but those injuries just rule it out for me. We can’t spend that on someone who might be out injured for big chunks of time.