26 Oct 2015 06:28:00
{Ed's Note - We have posted a new article entitled, Time For A Rebuild At Celtic

1.) 26 Oct 2015
26 Oct 2015 08:33:53
Good article. And spot on about the reason for selling off our top players. Not to survive but to fill the pockets of the board.
Could have pointed out that MON had some cash and got the club to the EUFA final whereas WGS and NL did not get as much and had their best players sold which broke down everything they as managers were trying to achieve. I also feel that is why these same managers who were, relatively, successful, left.
We now have a manager who (I think is a genuinely nice guy and ambitious) was not first choice, assisted by a man who was not chosen by the manager backed by a board who will sell off anyone who they think can earn THEM a few bob.
Need to see more thoughts by neutrals/independent writers.

2.) 26 Oct 2015
26 Oct 2015 10:30:54
Well done Tris. The first two sentences of the second paragraph are the ones that nail it for me. That's got to change. We're a football club not a pharmaceutical company. People think i'm joking or taking the mick but Sandy Lane's bum baths genuinely have seen more investment the past few years.

3.) 26 Oct 2015
26 Oct 2015 11:21:23
Nice point tim. Sure the market has changed, or inflated since MO'N but we're a huge club, and with a bit ivestment we CAN get to major finals.

4.) 26 Oct 2015
26 Oct 2015 11:24:20
Of course JimTim is right in his sayings but then again is Ronny experimenting with formations. I have read something about ideas about "tiki taka". Hope I spelt that right.

5.) 26 Oct 2015
26 Oct 2015 14:38:05
Jim Tim how much money is "a bit of investment " which will allow us to get to major finals? Give us all a number? I don't like what's happening at Celtic as much as anyone but maybe if we all stick to facts rather than talking nonesense to try and make a point we would all agree a bit more. I read the artical which is alluding that millions of pounds each year is being taken out the club to line the pockets of shareholders. Last year £1 million was paid out in Dividends in total. Yes £1 million. That's it. Last year DD who is not my favourite person received around £500k of those Dividends plus £25k for directors fees. PL had £970k. Yes too much money but that is what he had. So between all the preferential shareholders who "bought" there shares the same as anyone else could the club paid out £1million. That's a fact. Now tell me how much money we need to get us to the major final and where the money comes from? It has to come from somewhere or someone. Now if the argument is that DD should throw in your bit of money, how much should he gift to Celtic.

6.) 26 Oct 2015
26 Oct 2015 14:12:57
Well written piece Ed, two points from it mate

1) Do you think that's why Stephen Frail left? Pressure exerted to produce more mate? We really only have no more than a few coming through mate

2) PL and DD are at stage's in there life where they are really just on the take don't you think PL has said he doesn't see himself going by sixty and he is 56 DD is 65 it needs someone with a short term view and a five - year plan a don't see either there in that second time line what do you think Ed?

{Ed001's Note - 1) Yes.
2)I think it actually needs someone with a long term plan to rebuild the club.}

7.) 27 Oct 2015
26 Oct 2015 19:35:35
The article is not 100% accurate as it claims the club is being run to make money for the owners.

I have actually read the accounts and as far as I can tell there is no money being syphoned off to the owners. Yes, a modest dividend is paid to the holders on preference shares (around 1M split between them all)

In case you hadn't noticed our revenue streams have been dwindling in recent years due to following:

1. steady decline in season ticket sales over the last 6-7 years.

2. no CL football the last 2 seasons.

3. the demise of Rangers has resulted in a loss of around 10M a year.

4. Steady decline in attendances and therefore a decline in match day revenue.

The sad truth is we need to sell our best players to balance the books unless we make CL now. Yes I realise that sometimes players are sold even when we make CL but that money gets invested. If you don't believe me then read the accounts.

8.) 27 Oct 2015
27 Oct 2015 04:56:04
And how much do they pay themselves in salaries? You seem to have forgotten that the directors receive a salary in your claims they take nothing out of the club.

9.) 27 Oct 2015
27 Oct 2015 09:23:49
Ed DD takes £25k a year in Directors Fees. PL gets a basic of £470k and then has been picking up around same in bonus. I agree PL is overpaid. What amazes me is that people on the site make statements and never back them up with anything. Ed go read the accounts then talk about people taking millions out. It's not happening (apart from Lawell) . Dividends were £1mill in total. Now maybe John Park John Collins etc should take a wage cut? I don't know but that us a different argument. No one is taking millions out the club. So before people start making these statements check it out.

{Ed001's Note - so you are saying Lawell is taking millions out and then saying no one is. Which is it? And if you add the director's salaries and bonuses together, would that come to millions? I remember the days when directors at football clubs were doing it for the love of the club and did not get paid at all. In fact they used to put their own money in, as they were fans and acted like fans. I think you are missing the point. These people are wealthy and have no need to take anything from the club at all, but instead they are a further drain on resources.}

10.) 27 Oct 2015
27 Oct 2015 18:50:56
Ed grow up. First if all you are commenting on millions going out of the club yet you can't be botherd to read the accounts. PL takes best part of £1mill which is too much. I agree. All of the shareholders combined and some are financial institutions and pension funds take a further million. Celtic are a PLC. That's how PLC's operate. Do you think anyone investing in a PLC company turns down the dividends? Because someone has money you think they should give up any return on their investment? Why? Bevause you as a Celtic supporter thinks they already have too much money?

{Ed001's Note - I think it is you that needs to grow up, I am NOT a Celtic fan, and I am not bothered how much money they have. Stop being so personal and you might understand the point, which is clearly going over your head. This is a CLUB, a football club, that should be all it exists to do, not to make money for shareholders. No don't waste my time again with your crap about me not reading the accounts when you can't even understand the points being made. It is clear this whole thing is far too complex for you.}