Administration + 1- So What's Changed ?

the celtic network logo
Independent Fans Media
Well rather a lot. As we celebrate Administration Day by consuming jelly and ice cream I think it’s only right that we look back over the year to see what has changed.
1. The Scottish Media: Well there has not been much change there. Churnalists in the Succulent Lamb brigade are still trying to deflect the truth that Administration lead to the death of Rangers 1872. We have found out from Alex Thompson of Chanel 4 News that the ultimate Lamb Eater Mr Jim (Hi Craig) Traynor now turned PR Guru (ha ha) was having his stories cleared by Craig Whyte before going to print. We can only guess how many others acted in such a grovelling, forelock tugging way.
2. Scottish Football: As far as the administration of the game goes not much change there either. The authorities decided to allow Newco Rangers a soft landing into SFL division 3. It should be remembered that Newco have no right to be in the SFL under existing rules.
3. Scottish Football Supporters: Here I believe we have seen a change in attitude. One year ago they looked at the “Old Firm” as it used to be known as one in the same thing. Two Glasgow clubs both up to no good. However given the aggressive “They have all got it in for us” PR nonsense coming from Ibrox especially from Messer’s Green and McCoist and now abetted by the Lamb eater in chief I believe most fans see clear daylight between Celtic and Newco. The Old Firm is Dead!
4. Health of the game: Huge change here. Instead of the promised Armageddon trotted out by the Lamb eaters and Soup takers we have a competitive SPL for the first time in years. Ok Celtic where always going to win it but it’s what is going on below Celtic that has produced a far better and more entertaining SPL. Crowds are up for a change and Scottish football has had a massive shot in the arm from Celtic’s amazing Champions League exploits. Over 900,000 people watched Celtic Play Juventus on STV showing if you put a positive spin on our game people become engaged again. So no Armageddon just a better product without Newco/Oldco.
And what of Celtic ?
We were told till some people got literally blue in the face that Celtic needed a strong Newco/Oldco when in fact it turns out Peter Lawwell and Neil Lennon were correct when they stated that Celtic’s business model was not tied to the fortunes of any other club.
The recent half yearly financial results make a mockery of the doom sayers.
Here’s the highlights.
Operational Highlights
• Progression to last 16 of the European Champions League.
• Currently top in the Clydesdale Bank Premier League.
• Continued participation in the Scottish Cup.
• Announcement of new shirt sponsorship deal with Magners commencing 1 July 2013.
Financial Highlights
• Turnover increased by 71.0% to £50.06m (2011: £29.27m).
• Operating expenses increased by 30.2% to £36.96m (2011: £28.39m).
• Profit from trading of £13.10m (2011: £0.88m).
• Profit on disposal of intangible assets £5.20m (2011: £3.15m).
• Profit before taxation of £14.94m (2011:£0.18m).
• Period end net bank debt of £0.13m (2011: £7.05m).
• Investment in football personnel of £4.65m (2011: £4.44m).
• 19 home fixtures (2011: 16).
I’m sure you will all agree this proves that Celtic do indeed have a solid long term business development model that solely relies on how well we as a club do instead of what any other club in the world is doing. The Celtic Board should be commended for this although they could still do with sorting out aggressive stewarding of sections of our support.
However I’ll end on a high note. Despite all the nonsense emanating over the last year from the Lamb eaters and soup takers Scottish football and Celtic in particular are in rude health.
You can vote for The Celtic Network in Maley’s Bhoys Twitter awards under the category of  Best Unofficial Website 2012
Here http://maleysbhoys.com/2013/02/08/maleys-bhoys-twitter-awards/

Comments

  1. JasCam
    As you know, I was out of circulation for a week and have just begun my refresher course. I have had a quick fly-past of the other sites for updates and opinions before coming here. I know it is childish to keep the best sweeties to the last but some habits just never die. And, is it not interesting or appropriate that you should write such a comprehensive summary of the current state of affairs in Scottish football, just when I was out of touch for a while? I do hope it was done out of commitment and not simply out of pity for a crumbling old crock? 🙂 Whatever the reason, it is a fine update.
    I am tempted to comment bit by bit but knowing my propensity for verbosity and extravagance, each would probably become a blog in its own right. I will spend some further time, therefore, reflecting on your various points with a view to writing something more expansive on some of them. Meantime, I will simply mention that I heard on my recent travels that Celtic are being held up as the very model of efficiency in European football financial circles. If the rules of FFP are to be upheld and adhered to, Celtic may well become the foremost consultancy club for even the major operators in the UEFA membership. How can any of us, in spite of the downs here and there, not be as proud as the proudest Punch of the achievements of our great club in every area of football and way, way beyond that. We have and continue to be trailblazers and models for all who come in our wake, big and small.
    Great to be be back in the comfort of my own home, armchair and laptop.
    H H

  2. JasCam
    As you know, I was out of circulation for a week and have just begun my refresher course. I have had a quick fly-past of the other sites for updates and opinions before coming here. I know it is childish to keep the best sweeties to the last but some habits just never die. And, is it not interesting or appropriate that you should write such a comprehensive summary of the current state of affairs in Scottish football, just when I was out of touch for a while? I do hope it was done out of commitment and not simply out of pity for a crumbling old crock? 🙂 Whatever the reason, it is a fine update.
    I am tempted to comment bit by bit but knowing my propensity for verbosity and extravagance, each would probably become a blog in its own right. I will spend some further time, therefore, reflecting on your various points with a view to writing something more expansive on some of them. Meantime, I will simply mention that I heard on my recent travels that Celtic are being held up as the very model of efficiency in European football financial circles. If the rules of FFP are to be upheld and adhered to, Celtic may well become the foremost consultancy club for even the major operators in the UEFA membership. How can any of us, in spite of the downs here and there, not be as proud as the proudest Punch of the achievements of our great club in every area of football and way, way beyond that. We have and continue to be trailblazers and models for all who come in our wake, big and small.
    Great to be be back in the comfort of my own home, armchair and laptop.
    H H

Leave a Reply

Your e-mail address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.