Celtic Banter

27 Jul 2024 01:38:48
According to accounts Celtic have 941 employees and spend £61m on wages.

Directors are separate as they are reported under director remuneration and cost £1.4m per year.

This is all educated guess work but I think it would be fair to say that about 120 of those employees would be players and first team coaches leaving 821 general staff. Now bearing in mind a very high proportion of this staff will be part time. I think it's reasonable to assume an average salary of £16000. Btw Celtic don't pay high end wages as they know people want to work there so they don't have too. So let's say £13.1m of the wages goes to general staff leaving £48m for players.


Again I don't know but I would assume each squad would have a budget for example.


Women's team £1m per annum
Under 18s £1m per annum
B Team £2m per annum
Coaching Team £5m per annum

Leaving maybe £39-40m for first team wages. And giving you an average salary of around £26000 per week for the first team.

Again I have no knowledge but I think this would be a lot closer that sports mile or whatever site is saying £23m.


My frustration about celtics wage style is they seem to always end up with loads of player on about the same wages whereas clubs like Ajax, Benfica etc is they seem to have squad status related wages ie they will have a squad of 25 with 5-6 elite player on maybe £65k per week. 6-7 on 25k. 718 on 10k and the rest development on maybe £5k. Seems like a much better way to manage a wage budget and attract a certain level within in a squad. Celtic should be able to sign 3-4 real quality player pay the em £65k a week and not have Greg Taylor or Liam scales shouting they deserve £65k a week too.

Example
4x£65000 - £15m
7x£25000 - £10.5m
5x£18000 - £5.3m
5x£12500 - £3.7m
4x£7000 - £1.6m
3 x £3500 - £0.6m

28 man squad £36.7m wage bill. Allowing for employers NI. Leaving £5m per year for performance related bonuses.

But all just opinion.

27 Jul 2024 09:15:30
You do know that you put 4x65,000 that equals 260,000 not 15 million and so on down the list it's all In the ten of thousands sorry for being pedantic. But math is my only strong point lol.

27 Jul 2024 09:18:06
TBhoy, I think you forget the employers liabilities and which will be built into the £61 million, for example, employers NI, pension contribution, employers tax. I have seen footballers wage slips. For a player on £1million a year, there will be about £200,000 - £300,000 with all of the above and insurance requirements, it’s worth noting any built in appearance fees, goal bonus, man of match bonuses and loyalty bonuses etc will be within the costs you have described.

26 Jul 2024 21:48:55
Slow day today thought there might have been some news.

26 Jul 2024 22:48:07
Mally. I went for a piss earlier and it had the consistency of rice. stpp the press?

26 Jul 2024 18:54:07
Everton player wages = £86m
Celtic player wages = £22.5m

Celtic as a club pay £60m in wages and I have asked this before where is the other £40m in wages being spent at Celtic, We don't employ that many people do we? And the ones we do employ won't be on the best ever wages - we have for for that you know

Everton pay nearly 4 times as much in wages as we do we just can't compete with that.

{Ed007's Note - Where do you get this £22.5 million figure from as I've never seen anywhere reliable i.e. from the Club's accounts, breaking figures down like that?
You're saying the Everton wage bill is just for the players but the wage bill - that's actually in our accounts - is for the whole Club and all it's subsidiaries?}

26 Jul 2024 19:11:11
I got those figures from salary sport. com ed007 and we are way behind when it comes to wages bud way behind.

{Ed007's Note - Right, well if you're using that for info there's no pint continuing this conversation.

"We strive to collate and maintain over 50,000 salaries from the worlds 7 largest sports, spanning the past 10 years. Our team trawls the internet for reliable sources on a daily basis to save you, our readers, the time! Spawned out of a University economics paper on the state of modern football wages, our founders were inspired to make the information they researched publically available and have maintained the database ever since."

They trawl the internet for reliable sources 😂😂😂😂 Oh and the misspelt "publically" show how professional a set up that is.
The only place in the world you can find out what every player earns is the FIFA TMS (Transfer Matching System) where every contract is electronically lodged - once it is logged on there the "international clearance " part of transfers is completed. Only certain levels of executives have access to it and one press agency - I think it's the Associated Press.
On the internet The Swiss Ramble is probably the most accurate as he studies club's accounts and breaks it down in layman's terms.}

26 Jul 2024 19:16:08
Yes that is exactly what I am saying ed007

Everton have 7 players earning over 100k a week then they have about 5 players getting 75k a week and so on.

{Ed007's Note - 😂😂😂😂😂😂

26 Jul 2024 19:42:15
Celtic have over 60 players on our books, so 22 million is nowhere near our wage bill. The wage bill will include all employees of the club surely. I am sure I read somewhere recently our wage bill was over 40, nearer 50 million amd sevcos last year was near 60, hence the need for them to get rid of the high earners.

I cannot recall where read it.

26 Jul 2024 19:43:00
While it might not be official the wages they probably aren't that far off the mark are they? Through various different methods of them being available whether it be an agent leaking to the press or whatever. I mean how does Fabrizio Romano know so much about contracts and wages and transfer fees? Someone must be giving him that information.

{Ed007's Note - Yes, they're probably so far off the mark the mark's packed up and went home, there's loads of these sites out there and usually they all have different amounts. You're arguing with me over stuff that is in Club's actual accounts and making up nonsense that Everton's wage bill is only for players but our wage bill has £40 million missing, it's preposterous

If you choose to believe Fabrizio Romano that's up to you but again - how can you check if his figures are right? What if his figures were different from sports salary, who would you believe?
He's a journalist will know about moves etc but he won't know any better than you or me the financial side of it. They are more open in Europe about transfer fees so that's easy enough to find out.
Would you trust Keith Jackson if he was telling you the ins and outs of the finances of Man Utd's or AC Milan's signings?}

26 Jul 2024 19:51:55
I was very surprised to read you state that our wage bill is as high as Everton, Brighton, etc, Ed. I thought the reason we continue to lose players to the likes of Southampton and Palace is because they are able to pay a lot more than we can (or at least are willing to) .

{Ed007's Note - I don't think Everton is a good example with the mess they're in but I know what you mean. Maybe these clubs spend their money wiser than we do plus you have to factor in the size of Celtic, we will have a lot more employees than those clubs.
Southampton's wage to turnover ratio is about 84% where as ours is 51% (down from 67% the previous year.

26 Jul 2024 20:44:09
I think next year UEFA FFP expect wages to be under 70% of the clubs turnover.

That’s why Sevco are downsizing and trying to lose their big earners and the same could be said about Celtic last year.

Celtic at 51% is impressive considering we are dominant domestically.

It will probably go under 51% because our turnover will be bigger when the accounts are made public in September and bigger again next year due to the new CL format this season.
But
Our turnover will go down each season Celtic fail to reach the CL group stages for the foreseeable future.

There’s Pros and Cons to the wages cap debate.

26 Jul 2024 17:14:52
We have a squad that limped over the line last year. the 2 trophies masked some of the awful football during the season.
We all know the team needs improvement in many areas.
Tbf I think we have improved the gk department.
The board is taking pelters for a slow window. However they still have time to give the manager what he wants.
We'll want the signings in early especially the manager but you have to think the club ain't going to let us down this window.
Reading between the lines the manager is telling us the big signings will come nearer the end of the window.
And if that happens then hopefully they can settle before the CL starts.
However if we are sort changed again then they better get the barriers up again.

26 Jul 2024 18:30:22
Fans are only cash cows to the board.

26 Jul 2024 19:50:45
Every board is the same, ours isn't unusual or different, contrary what we may think.

They do what they think is in the best financial interests of the club.

Ours are better than most however like many others supporters I just wish they would not be so risk adverse all the time, it just makes the transfer window really long and painful.

I understand why they do it but each negotiation is like waiting for an apology from McCoist.

26 Jul 2024 19:59:27
Last season we got definitely got out of jail free during a season that was hampered and disrupted by injuries, dodgy recruitment.
A change of manager, system and new arrivals contributed to some inconsistent performances. We also saw very patchy form from important players, the like of AJ, Cal-Mac, Kyogo and Hatate.
The Sevco results helped to salvage top spot and domestic success.
BR has stated that targets have been identified and new signings will come and hopefully lessons have been learned for all concerned.

26 Jul 2024 20:04:21
Jungle John, John what do you mean “that they better get the barriers up again”.

26 Jul 2024 12:22:52
Hi Ed,

how are you doing?

A quick question on MOR, if I may?

Are you aware if Celtic have communicated the transfer fee we're looking to receive for MOR and of so, what is that number?

It seems very odd to me that Atalanta and now Southampton have had 'bids' in the region of £14M (obviously rejected) for the player when it's been muted we're looking for a club record fee, which I'd presume is north of £25M?

There's also talk that Liverpool ate watching this situation, have you heard anything on that?

TIA, ☘️ 🍀 ☘️.

{Ed007's Note - MOR's agent will know the fee that will bring Celtic to the table, it's just clubs playing silly buggers. I'm still living in hope that he stays 🤞

26 Jul 2024 17:39:15
💯 Ed,

we hold all the cards here and another successful season, including the CL, would be great for the player and the club.

I also think he's far better than the apparent clubs that are interested in him.

☘️ 🍀 ☘️.

{Ed007's Note - There's bound to be other clubs who have declared their interest in MOR.}

26 Jul 2024 19:58:53
Hoping he stays, Is that on a footballing perspective Ed or because he's your man crush? 😉.

{Ed007's Note - Absolutely both reasons 😁