Celtic Banter Archive October 16 2014

16 Oct 2014 17:37:32
Read there lawell is getting a £400,000 bonus on top of his £520,000 a year wage lol what exactly is the bonus for?

Probably just where the leftover cash from player sales is going. Some of it anyway.

In all seriousness, his targets will be financial, so he definitely deserves it (would rather it be based on success on the field but suppose there are other people more responsible for that). Am I not right in thinking he turned down his bonus in the past few years?

17 Oct 2014 03:29:19
If it's success on the field jim then surely after the embarrassment of the cl last season and the 2 domestic cups we went out of at home early then it shouldn't have been that much

I agree with Jim and PL's targets and objectives are probably financial.

I don't know what other CEO's get paid at Clubs similar to Celtic.

That's what I'm saying Gunnie, his targets will be financial. His job is to obviously make a profit. How much profit is down to the board of directors and major shareholders. Under Reid we were told all profits would go back into the side, and clearly that has changed, or was never actually the case. Performance wise, ultimately it's up to RD and the coaching stafg, McGuiness and to a degree Park. It's been two steps forward one step back for quite a while in my opinion, at the minute though, the optomist tells me we're at the start of quite a big step forward.

Reading about Lawell's enormous salary and bonus and the club meeting it's financial targets means heehaw to me.
The standards of football and players have dipped dramatically, while any sniff of a half decent player making a difference is punted at the first big offer The success of the club - in a one horse league - has been patchy, while our CL reputation evaporated.
We currently are enduring a mini-crisis where we honestly don't know if we will beat any opponent from one week to the next; while our team is half full of dubious loan deals and under-performing experienced Internationals, struggling to adapt.
But hey, Mr Lawell is doing his job.

I’m optimistic we are going to start moving forward as well.

If PL wants to maintain his bonus (well who is his position wouldn’t) he will have to up his game, we have no CL money or players that can be sold for a decent amount – maybe VVD. I think his targets are financial so where will it be justified going forward from here?

I’ve no doubt to steady a business, he does a good job but football is a bit different and unhappy fans plus poor results are never good.

Exactly Mrs. E, there are business men and football men. there's a bit of a grey area between the two.

17 Oct 2014 15:57:18
Maybe PL was looking a big pay day before moving on so leaving the club with heehaw in player assets won't be a problem to that type of person.

I cannot imagine that P L 's bonus is based on performance on the field. Surely PL is not a football man and he never claimed to be any more than a fan.

{Ed007's Note - The figures released in October 2010 showed Peter Lawwell had waived part of his bonus entitlement 'because of the club’s disappointing results on the park the previous season and the difficult economic situation.'
Celtic’s published annual report sowed that Lawwell gave up his right to £38,071 of a £190,359 bonus for the previous financial year (ended 30th June 2010).
As well as waiving his entitlement to this part of his bonus completely, the annual report showed that Mr Lawwell, in another voluntary move, deferred payment of the remaining £152,288 to a 'future, as yet unspecified date'.
Including this £152,288 bonus, which Mr Lawwell will receive at some stage, the chief executive enjoyed a rise in his total remuneration for the year to June 30 to £753,193 from £738,987 in the prior 12 months.
I'm 99% positive he done the same the following year for the same reasons, basically he didn't take it if he never won the league. I'd say Pedro has a bonus (one of his) that is heavily dependant on success on the park. I don't see why this has all of a sudden became an issue, it has been the same for years with his wages/bonuses.
And to think some fans think it's wrong that some of us want CFC to become a Living Wage Employer and will say Pedro is doing a great job, his bonus would nearly cover the annual cost of paying all employees a living wage.
If Lawwell had been around in Brother Walfrid's day we would have been handing out soup to the poor but Pedro would have been charging to hire the bowl it was in.}

16 Oct 2014 15:03:50
Sold Wanyama, Ledley, Hooper, Wilson, etc n replaced them wi utter rubbish; out the LC in the 3rd round; out the SC in the 4th round; embarrassed in 5 of our 6 UCL Group Stage games including a 6-1 defeat to Barça at Camp Nou.

Yet Peter Lawwell walked away wi a salary of £524, 576; £400, 500 as a bonus; "benefits in kind" of £17, 312; n pension contributions of £57, 108 for the 2013-14 season?!

http://m.stv.tv/news/west-central/295966-celtic-chief-peter-lawwell-get-400k-bonus-on-top-of-520k-salary/

Holy bejesus! How do we get rid of this fanatic? seriousna.

16 Oct 2014 23:49:55
So the board decided that a fantastic performance by the team equated to a huge salary for PL - and here was I thinking that we were a football club with a proud tradition of winning!