Just realeased 1/2 year accounts. Turnover for 6 months is £90m. BBC reporter said Rangers approx turnover for 6 months is £16m
They gulf between Celtic and the rest of Scottish is enormous
http://m.bbc.co.uk/sport/football/41340467
Results 1 to 30 of 96
Thread: Celtic Accounts
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20-09-2017 06:01 PM #1
Celtic Accounts
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20-09-2017 06:05 PM #2
Yet some keep wanting Celtic to do well in Europe. Sorry I don't care if it gives us a little extra they are pulling away from the rest it's embarrassing. No other team will win the Scottish Premier for at least the next 10/20 years including The Rangers.
But I think by then there will be an Atlantic League or another league where they won't be here. I can't wait until that happens because no one will get close.
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20-09-2017 06:07 PM #3
Some mental figures in there.
Revenue increase of 74.2%?
Operating expenses increased by 33.3%?
That one hell of a fluctuation as a result of Champions League Qualification.
How on Earth do you budget for that?
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20-09-2017 06:11 PM #4
I'm a bit confused by that report.
The figures are for the first half of this year...to 30th June. They were out of Europe by Christmas, weren't they?
I'm not sure what the CL comments are about.
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20-09-2017 06:12 PM #5This quote is hidden because you are ignoring this member. Show Quote
But not as "famous" as our not so noisy neighbours across the city.
11 against 11
We will have Stokes on Fire for that upcoming game against the east side of Glasgow club who sought to destroy Edinburgh Hibernian when Glasgow businessmen betrayed Brother Wilfred and his mission.
Dont ever let them forget that.
They cannot even spell the name of our club correctly !!
Remember that banner they flaunted at the Holy Ground?
Keep The Faith
Glory Glory
Pee S
exscuse any speeling erroras i maid in this poste !!Last edited by Mick O'Rourke; 20-09-2017 at 06:18 PM.
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20-09-2017 06:16 PM #6This quote is hidden because you are ignoring this member. Show Quote
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20-09-2017 06:17 PM #7This quote is hidden because you are ignoring this member. Show Quote
Financial Highlights
- Group revenue increased by 74.2% to £90.6m
- Operating expenses increased by 33.3% to £76.3m
- Gain on sale of player registrations of £2.3m (2016: £12.6m)
- Profit before taxation of £6.9m (2016: £0.5m)
- Year-end cash net of bank borrowings of £17.9m (2016: £3.6m)
- Investment in football personnel of £13.8m (2016: £8.8m)
CHAIRMAN’S STATEMENT
These results, which declare sales revenue of £90.6m (2016: £52.0m) and a profit before taxation of £6.9m (2016: £0.5m), reflect the paramount importance to the Company of participation in the group stages of the UEFA Champions League.
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20-09-2017 06:20 PM #8This quote is hidden because you are ignoring this member. Show Quote
More fool me for believing the BBC
Sent from my SM-A510F using TapatalkLast edited by CropleyWasGod; 20-09-2017 at 06:25 PM.
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20-09-2017 06:22 PM #9
For all of the money they've made only £6.9m of that is pre tax profit. Where does all the money go?
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20-09-2017 06:23 PM #10
They are so far in front, it has no relevance to me as a Hibs supporter we havn't won the league for 65 years and this is not going to change anything.
It may become a test of the loyalty for the sevconian hoardes over the next 10 years.
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20-09-2017 06:26 PM #12
Rodgers moaning about the financial gulf between them and the rest of the biggest clubs in Europe meant I lost all respect for him. Decent manager yes. Total arrogant arse. Also yes. Hope they get pumped out.
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20-09-2017 06:51 PM #13
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20-09-2017 06:53 PM #14
Uncatchable. For the foreseeable future at least.
Best we can hope for is that some of this wealth is spread around by Celtc paying over the odds when they sign players from other Scottish teams.
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20-09-2017 06:58 PM #15This quote is hidden because you are ignoring this member. Show Quote
I just don't get where the joy is in being a Celtic supporter .... If they were building teams from the ground up and winning stuff on a level playing field fine, or even if it was a case of having a large windfall that put them out in front for a few years. But this seems to me like a never ending 'Groundhog day' where nothing will ever change, win after win, league after league, cup after cup with no competition to speak of ..... don't tell me that eventually that wouldn't bore the tits off you
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20-09-2017 07:03 PM #16This quote is hidden because you are ignoring this member. Show Quote
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20-09-2017 07:52 PM #18This quote is hidden because you are ignoring this member. Show Quote
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20-09-2017 07:54 PM #19
Remember when our jambo chums told us we were no longer their rivals but Celtic were? Bunch of fuds. No one in Scotland is even close to celtic anymore, not even the hun
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20-09-2017 08:12 PM #21This quote is hidden because you are ignoring this member. Show Quote
Given the comparative resources and players, their fans must expect to win every domestic game, so there's no thrill if they do and only disappointment if they don't.Mature, sensible signature required for responsible position. Good prospects for the right candidate. Apply within.
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20-09-2017 08:16 PM #22This quote is hidden because you are ignoring this member. Show Quote"Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral.' - Paulo Freire
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21-09-2017 02:29 AM #23
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I can picture a scenario where teams are playing their 2nd team against Celtic because they have a big game against their rivals 3 or 4 days later , imagine being a Celtic fan then , total lack of interest and competition .
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21-09-2017 05:29 AM #24This quote is hidden because you are ignoring this member. Show Quote
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21-09-2017 05:40 AM #25This quote is hidden because you are ignoring this member. Show Quote
£90 million turnover is enormous compared to the rest of Scottish football, but isn't comparable to the biggest teams in Europe. Man United and Real Madrid have a turnover of over £500 million.HIBERNIAN FC - ON THE RIGHT SIDE OF HISTORY SINCE 1875
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21-09-2017 08:25 AM #27This quote is hidden because you are ignoring this member. Show Quote
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21-09-2017 08:32 AM #28This quote is hidden because you are ignoring this member. Show Quote
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21-09-2017 08:42 AM #30This quote is hidden because you are ignoring this member. Show Quote
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