In the Jungle of Wall Street.

CarlisleReiver

Well-known member
Below is the major holders of Celtic shares:

Dermot Desmond32,772,07334.7%
Lindsell Train Ltd.17,557,43818.6%
Christopher David Trainer9,796,78410.4%
James Mark Keane5,909,8476.26%
Thomas Eardley Allison3,357,5053.56%
Banque Lombard Odier & Cie SA (Investment Management)1,105,9361.17%
Peter Thomas Lawwell356,0000.38%
Hargreaves Lansdown Stockbrokers Ltd.154,0000.16%
Investec Wealth & Investment Ltd.118,0000.13%
Jarvis Investment Management Ltd.86,0000.091%

Dermot Desmond is the biggest holder, and has the most say it what goes on at the club. However, below these top 10 holders is basically us the fans holding 25% of shares.

If fans were able to pool their shares while still owning them we could have someone ellected on the board. And also if we were to buy shares we could have the biggest say in what goes on at Celtic PLC.

I have around 10,000 shares - I would be willing to do this so that we could collectively move together? Please let me know what other share holders feel to this idea.
 

Winter

Well-known member
Below is the major holders of Celtic shares:

Dermot Desmond32,772,07334.7%
Lindsell Train Ltd.17,557,43818.6%
Christopher David Trainer9,796,78410.4%
James Mark Keane5,909,8476.26%
Thomas Eardley Allison3,357,5053.56%
Banque Lombard Odier & Cie SA (Investment Management)1,105,9361.17%
Peter Thomas Lawwell356,0000.38%
Hargreaves Lansdown Stockbrokers Ltd.154,0000.16%
Investec Wealth & Investment Ltd.118,0000.13%
Jarvis Investment Management Ltd.86,0000.091%

Dermot Desmond is the biggest holder, and has the most say it what goes on at the club. However, below these top 10 holders is basically us the fans holding 25% of shares.

If fans were able to pool their shares while still owning them we could have someone ellected on the board. And also if we were to buy shares we could have the biggest say in what goes on at Celtic PLC.

I have around 10,000 shares - I would be willing to do this so that we could collectively move together? Please let me know what other share holders feel to this idea.
What a fantastic idea, basically an official umbrella network that requires really only the administration and cooperation between small shareholders to create a group with one voice. I should say btw that I know nothing about the market and have no shares 😄 but I notice that there are groups (Ltd companies) amongst the list already. Surely it would be legal ( some officialdom minor costs to setting up such a venture in name maybe) to do such a thing? Celtic supporters , if any, could make it work hope it does good luck. ☘
 

Imatim

Well-known member
Below is the major holders of Celtic shares:

Dermot Desmond32,772,07334.7%
Lindsell Train Ltd.17,557,43818.6%
Christopher David Trainer9,796,78410.4%
James Mark Keane5,909,8476.26%
Thomas Eardley Allison3,357,5053.56%
Banque Lombard Odier & Cie SA (Investment Management)1,105,9361.17%
Peter Thomas Lawwell356,0000.38%
Hargreaves Lansdown Stockbrokers Ltd.154,0000.16%
Investec Wealth & Investment Ltd.118,0000.13%
Jarvis Investment Management Ltd.86,0000.091%

Dermot Desmond is the biggest holder, and has the most say it what goes on at the club. However, below these top 10 holders is basically us the fans holding 25% of shares.

If fans were able to pool their shares while still owning them we could have someone ellected on the board. And also if we were to buy shares we could have the biggest say in what goes on at Celtic PLC.

I have around 10,000 shares - I would be willing to do this so that we could collectively move together? Please let me know what other share holders feel to this idea.
...............................

Can I ask.....is any of your shares “Preference Shares?”

Can you also keep me in the loop as things progress as I’m a shareholder and I’m interested in getting involved. Cheers
 

Winter

Well-known member
Since I've no shares and dont know anything about the stock exchange or the marketplace. Can I name it? Can I? Can I? Can I name it? Can I? Go on please aw thanks brilliant thank you , think we ( yous that is) should call it , The Glasgow Celtic supporters shareholders co-operation umbrella group Ltd. I made that up btw 😎☘only problem or one of many in my case on this subject is would it cost money to start such an organisation for a a unified minority to have their voice heard as one? Does it have to be registered as a plc, ltd or could it exist simply by people signing up to a unified voice or must that be paid for as a service or not as a mutual interest cooperative? These days theres zoom what's app Microsoft windows that can do all these things, nobody hands over their money they just elect a chairperson/spokesperson to speak on behalf of the 25% supporters shareholders group once eveyhings up and running I want a portacabin I'll man voluntarily to get the word out , orvyou could just use Facebook, twitter or other social media platforms aye thats a better idea no body goes to portacabin anymore ,EXCEPT when their buying tickets for future games .. just cos I'm an amateur diesnt mean I know nothing but it's TRUE I dont know a lot (about this ) but 🍺💚
 

Winter

Well-known member
Since I've no shares and dont know anything about the stock exchange or the marketplace. Can I name it? Can I? Can I? Can I name it? Can I? Go on please aw thanks brilliant thank you , think we ( yous that is) should call it , The Glasgow Celtic supporters shareholders co-operation umbrella group Ltd. I made that up btw 😎☘only problem or one of many in my case on this subject is would it cost money to start such an organisation for a a unified minority to have their voice heard as one? Does it have to be registered as a plc, ltd or could it exist simply by people signing up to a unified voice or must that be paid for as a service or not as a mutual interest cooperative? These days theres zoom what's app Microsoft windows that can do all these things, nobody hands over their money they just elect a chairperson/spokesperson to speak on behalf of the 25% supporters shareholders group once eveyhings up and running I want a portacabin I'll man voluntarily to get the word out , orvyou could just use Facebook, twitter or other social media platforms aye thats a better idea no body goes to portacabin anymore ,EXCEPT when their buying tickets for future games .. just cos I'm an amateur diesnt mean I know nothing but it's TRUE I dont know a lot (about this ) but 🍺💚
Fuk aff imatim ya fn banker 😄
 
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Lmcbhoy

Well-known member
Interesting post CR.
It has always been in my mind that at some point Dermot would have to pass on his shares.
He is not getting any younger ( wish him a long and healthy one btw).
In that event if not to his family who?
I tnought that if he engaged positively with the support he could have fans fund a holding company over a period of time to buy his shareholding. Hearts and Motherwell have done something similar. Barca has always had this model. Sure there are other examples ( st Pauli?)
So it can be done but it does require him to engage. At the end of the day the Bunnet made shareholding in a previously private company available by way of a PLC. This could surely be the next stage.
Might be pie in the sky but it's been floating about in my thoughts for a while.
Let's call it a variation on your theme.
HH
 

CarlisleReiver

Well-known member

This is the latest: I hold ordinary shares. 12 October 2020​

Corporate Share Capital​

CELTIC PLC​

Issued share capital​

Celtic PLC’s issued share capital (as from 9 October 2020) is as follows:
94,348,548 Ordinary Shares of 1p each ("Ordinary Shares")
12,769,089 Convertible Preferred Ordinary Shares of 100p each ("CPO Shares")
15,797,924 Convertible Cumulative Preference Shares of 60p each ("CCP Shares")
672,852,208 Deferred Shares of 1p each ("Deferred Shares")
CCP Shares do not carry voting rights.
Deferred Shares are not listed, are not transferable and carry no voting rights or substantive economic rights.
Currently, there are no shares held in treasury.

Significant shareholders​

As at 9 October 2020, the Company was aware or had been notified that the following individuals or organisations held 3% or more of the classes of shares comprised in the Company's listed issued capital:

Ordinary Shares of 1p each​

Line Nominees Limited32,772,07334.74%
The Bank of New York (Nominees) Limited16,805,59317.81%
Christopher D Trainer9,796,78410.38%
James Mark Keane5,909,8476.26%
Tom Allison3,357,5053.56%
As at 9 October 2020, insofar as the Company is aware, the percentage of securities that is not in public hands is 38.71%.

Convertible Cumulative Preference Shares of 60p each​

Line Nominees Limited5,131,30032.48%
Christopher D Trainer2,218,81314.04%
James Mark Keane691,7004.38%
Bank of New York Nominees Limited675,3854.28%

Convertible Preferred Ordinary Shares of 100p each​

Line Nominees Limited8,000,00062.65%
Telsar Holdings SA Depfyffer and Associes1,600,00012.53%
James Mark Keane815,8756.39%
Bank of New York Nominees Limited500,9003.92%


Thanks Winter for putting your head above the parapit....thought I was going to get granied!! The Glasgow Celtic supporters shareholders co-operation umbrella group Ltd. Love ot GCSSCUG ;-)

How about The Celtic Share Ltd or Share Celtic Ltd?

It could also be a way for fans to donate cash (one offs and regularly via monthly, qtr, yearly payments) and when there is a certain amount the Fund goes and buys shares on our behalf, to be held by Share Celtic Ltd.

I'm often surprised how few fans actually have shares., even just 10!

I also think having a manifesto of some sort (10 commandments so to speak) to encourage fans to get on board would also be a good idea. My only thing I would change about the club atm:

1. No bonus payments paid on profit.
2. Bonus payments only paid on football acheviements (with no debt) i.e Champions League Group Stage Qualification.

I'm not sure giving the fans having a say on the managers appointment etc would be benificial. I personally think these types of descisions should lay with the board, but they would have to answer be accountable to the shareholders i.e US.

What would be your one thing to add to a manifesto?
 

Imatim

Well-known member

This is the latest: I hold ordinary shares. 12 October 2020​

Corporate Share Capital​

CELTIC PLC​

Issued share capital​

Celtic PLC’s issued share capital (as from 9 October 2020) is as follows:
94,348,548 Ordinary Shares of 1p each ("Ordinary Shares")
12,769,089 Convertible Preferred Ordinary Shares of 100p each ("CPO Shares")
15,797,924 Convertible Cumulative Preference Shares of 60p each ("CCP Shares")
672,852,208 Deferred Shares of 1p each ("Deferred Shares")
CCP Shares do not carry voting rights.
Deferred Shares are not listed, are not transferable and carry no voting rights or substantive economic rights.
Currently, there are no shares held in treasury.

Significant shareholders​

As at 9 October 2020, the Company was aware or had been notified that the following individuals or organisations held 3% or more of the classes of shares comprised in the Company's listed issued capital:

Ordinary Shares of 1p each​

Line Nominees Limited32,772,07334.74%
The Bank of New York (Nominees) Limited16,805,59317.81%
Christopher D Trainer9,796,78410.38%
James Mark Keane5,909,8476.26%
Tom Allison3,357,5053.56%
As at 9 October 2020, insofar as the Company is aware, the percentage of securities that is not in public hands is 38.71%.

Convertible Cumulative Preference Shares of 60p each​

Line Nominees Limited5,131,30032.48%
Christopher D Trainer2,218,81314.04%
James Mark Keane691,7004.38%
Bank of New York Nominees Limited675,3854.28%

Convertible Preferred Ordinary Shares of 100p each​

Line Nominees Limited8,000,00062.65%
Telsar Holdings SA Depfyffer and Associes1,600,00012.53%
James Mark Keane815,8756.39%
Bank of New York Nominees Limited500,9003.92%


Thanks Winter for putting your head above the parapit....thought I was going to get granied!! The Glasgow Celtic supporters shareholders co-operation umbrella group Ltd. Love ot GCSSCUG ;-)

How about The Celtic Share Ltd or Share Celtic Ltd?

It could also be a way for fans to donate cash (one offs and regularly via monthly, qtr, yearly payments) and when there is a certain amount the Fund goes and buys shares on our behalf, to be held by Share Celtic Ltd.

I'm often surprised how few fans actually have shares., even just 10!

I also think having a manifesto of some sort (10 commandments so to speak) to encourage fans to get on board would also be a good idea. My only thing I would change about the club atm:

1. No bonus payments paid on profit.
2. Bonus payments only paid on football acheviements (with no debt) i.e Champions League Group Stage Qualification.

I'm not sure giving the fans having a say on the managers appointment etc would be benificial. I personally think these types of descisions should lay with the board, but they would have to answer be accountable to the shareholders i.e US.

What would be your one thing to add to a manifesto?
............................

It might be worthwhile to contact the Celtic Trust and see if there’s some common ground between what you’re proposing and their take on things.....just a thought...
 

TET

Well-known member

This is the latest: I hold ordinary shares. 12 October 2020​

Corporate Share Capital​

CELTIC PLC​

Issued share capital​

Celtic PLC’s issued share capital (as from 9 October 2020) is as follows:
94,348,548 Ordinary Shares of 1p each ("Ordinary Shares")
12,769,089 Convertible Preferred Ordinary Shares of 100p each ("CPO Shares")
15,797,924 Convertible Cumulative Preference Shares of 60p each ("CCP Shares")
672,852,208 Deferred Shares of 1p each ("Deferred Shares")
CCP Shares do not carry voting rights.
Deferred Shares are not listed, are not transferable and carry no voting rights or substantive economic rights.
Currently, there are no shares held in treasury.

Significant shareholders​

As at 9 October 2020, the Company was aware or had been notified that the following individuals or organisations held 3% or more of the classes of shares comprised in the Company's listed issued capital:

Ordinary Shares of 1p each​

Line Nominees Limited32,772,07334.74%
The Bank of New York (Nominees) Limited16,805,59317.81%
Christopher D Trainer9,796,78410.38%
James Mark Keane5,909,8476.26%
Tom Allison3,357,5053.56%
As at 9 October 2020, insofar as the Company is aware, the percentage of securities that is not in public hands is 38.71%.

Convertible Cumulative Preference Shares of 60p each​

Line Nominees Limited5,131,30032.48%
Christopher D Trainer2,218,81314.04%
James Mark Keane691,7004.38%
Bank of New York Nominees Limited675,3854.28%

Convertible Preferred Ordinary Shares of 100p each​

Line Nominees Limited8,000,00062.65%
Telsar Holdings SA Depfyffer and Associes1,600,00012.53%
James Mark Keane815,8756.39%
Bank of New York Nominees Limited500,9003.92%


Thanks Winter for putting your head above the parapit....thought I was going to get granied!! The Glasgow Celtic supporters shareholders co-operation umbrella group Ltd. Love ot GCSSCUG ;-)

How about The Celtic Share Ltd or Share Celtic Ltd?

It could also be a way for fans to donate cash (one offs and regularly via monthly, qtr, yearly payments) and when there is a certain amount the Fund goes and buys shares on our behalf, to be held by Share Celtic Ltd.

I'm often surprised how few fans actually have shares., even just 10!

I also think having a manifesto of some sort (10 commandments so to speak) to encourage fans to get on board would also be a good idea. My only thing I would change about the club atm:

1. No bonus payments paid on profit.
2. Bonus payments only paid on football acheviements (with no debt) i.e Champions League Group Stage Qualification.

I'm not sure giving the fans having a say on the managers appointment etc would be benificial. I personally think these types of descisions should lay with the board, but they would have to answer be accountable to the shareholders i.e US.

What would be your one thing to add to a manifesto?
So would you like bonus payments with massive losses if we get to champions league?

is there a set maximum wage for players?

if not how does club keep up with sky funded tv clubs?

How does club retain its best players if monster wage club want to sign him?
 

TET

Well-known member

This is the latest: I hold ordinary shares. 12 October 2020​

Corporate Share Capital​

CELTIC PLC​

Issued share capital​

Celtic PLC’s issued share capital (as from 9 October 2020) is as follows:
94,348,548 Ordinary Shares of 1p each ("Ordinary Shares")
12,769,089 Convertible Preferred Ordinary Shares of 100p each ("CPO Shares")
15,797,924 Convertible Cumulative Preference Shares of 60p each ("CCP Shares")
672,852,208 Deferred Shares of 1p each ("Deferred Shares")
CCP Shares do not carry voting rights.
Deferred Shares are not listed, are not transferable and carry no voting rights or substantive economic rights.
Currently, there are no shares held in treasury.

Significant shareholders​

As at 9 October 2020, the Company was aware or had been notified that the following individuals or organisations held 3% or more of the classes of shares comprised in the Company's listed issued capital:

Ordinary Shares of 1p each​

Line Nominees Limited32,772,07334.74%
The Bank of New York (Nominees) Limited16,805,59317.81%
Christopher D Trainer9,796,78410.38%
James Mark Keane5,909,8476.26%
Tom Allison3,357,5053.56%
As at 9 October 2020, insofar as the Company is aware, the percentage of securities that is not in public hands is 38.71%.

Convertible Cumulative Preference Shares of 60p each​

Line Nominees Limited5,131,30032.48%
Christopher D Trainer2,218,81314.04%
James Mark Keane691,7004.38%
Bank of New York Nominees Limited675,3854.28%

Convertible Preferred Ordinary Shares of 100p each​

Line Nominees Limited8,000,00062.65%
Telsar Holdings SA Depfyffer and Associes1,600,00012.53%
James Mark Keane815,8756.39%
Bank of New York Nominees Limited500,9003.92%


Thanks Winter for putting your head above the parapit....thought I was going to get granied!! The Glasgow Celtic supporters shareholders co-operation umbrella group Ltd. Love ot GCSSCUG ;-)

How about The Celtic Share Ltd or Share Celtic Ltd?

It could also be a way for fans to donate cash (one offs and regularly via monthly, qtr, yearly payments) and when there is a certain amount the Fund goes and buys shares on our behalf, to be held by Share Celtic Ltd.

I'm often surprised how few fans actually have shares., even just 10!

I also think having a manifesto of some sort (10 commandments so to speak) to encourage fans to get on board would also be a good idea. My only thing I would change about the club atm:

1. No bonus payments paid on profit.
2. Bonus payments only paid on football acheviements (with no debt) i.e Champions League Group Stage Qualification.

I'm not sure giving the fans having a say on the managers appointment etc would be benificial. I personally think these types of descisions should lay with the board, but they would have to answer be accountable to the shareholders i.e US.

What would be your one thing to add to a manifesto?
three thing I want from board is better accountability and transparency with viable sustainability protocols that are both accountable and transparent

but a fourth which is just as important is better communication system and balls to address hearsay and slander
 

CarlisleReiver

Well-known member
So would you like bonus payments with massive losses if we get to champions league?

is there a set maximum wage for players?

if not how does club keep up with sky funded tv clubs?

How does club retain its best players if monster wage club want to sign him?
I can see where your coming from TET, my personal view is that we have to be careful with money incase European football isn't achieved. I'm basically trying to run a profitable business without paying bonus money to chairman if they get Celtic a profit.

The club would be set up that success on the field would be the only way to reward chairmain, players and staff. This would hopefully enable us to keep our better players longer. For me selling Dembele, Van Diyk, Tierney, Wanyama etc isn't actaully profitable as we've actually lowered our chances of making money via football success.

It's a bit like the moral of the goose that laid golden eggs. Our board are unwilling to work to maintain the European success that has been a profitable venture for the club. Instead, the club wants to have things without earning them (selling our best players). We are currently too careful and too caught up in protecting what we have that we have miss out on what we could have.

To answer you questions:

1. The bonus payments would come out of any profit made in the champions League Group stage. Basically it's paid to those associated with the club (players, staffs etc). So it would be divided up after the years accounts. No point paying bonus payments if those bonus payments are going to take the club into debt.

2-3. Not sure, there probably is already as we can't compete with Sky funded TV clubs.

4. With bonus payments made on real success in the Champions League we might be able to keep players who could demand bigger wages else where. The bonus payments rather than higher wages would not put the club at risk if no Champions League Football was achieved.
 
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TET

Well-known member
I can see where your coming from TET, my personal view is that we have to be careful with money incase European football isn't achieved. I'm basically trying to run a profitable business without paying bonus money to chairman if they get Celtic a profit.

The club would be set up that success on the field would be the only way to reward chairmain, players and staff. This would hopefully enable us to keep our better players longer. For me selling Dembele, Van Diyk, Tierney, Wanyama etc isn't actaully profitable as we've actually lowered our chances of making money via football success.

It's a bit like the moral of the goose that laid golden eggs. Our board are unwilling to work to maintain the European success that has been a profitable venture for the club. Instead, the club wants to have things without earning them (selling our best players). We are currently too careful and too caught up in protecting what we have that we have miss out on what we could have.

To answer you questions:

1. The bonus payments would come out of any profit made in the champions League Group stage. Basically it's paid to those associated with the club (players, staffs etc). So it would be divided up after the years accounts. No point paying bonus payments if those bonus payments are going to take the club into debt.

2-3. Not sure, there probably is already as we can't compete with Sky funded TV clubs.

4. With bonus payments made on real success in the Champions League we might be able to keep players who could demand bigger wages else where. The bonus payments rather than higher wages would not put the club at risk if no Champions League Football was achieved.
OK

I can see why you would want all these things

And believe it or not I would love us to e able to hold onto our best players.

Some premises I assume you think are not already in place are we dont already strive as club to do what you want (and thats because the reality is clouded in poor communications and poor transparency of the current layout)

Now lets assume the board want what you want too.

why would they want to keep poor transparency?

1 it could be they dont want competition copying their model and hence destroying their system of success.

2 they are scammers and just want money from fans and competitions for themselves and screw on field objectives.

3 there are probably thousands of hypothetical reasons



Problems associated with retaining champions league players

the big clubs in big leagues all get minimum 100 million from tv deals, some get in excess of 250 million every season just from tv

They get bigger prizes from their FA for high placings

They get bigger prizes for winning cups

Celtic in a treble winning invincible domestic season plus champions league earned around 105 million tops including prizes player sales and revenues from all streams


thats actually very high for a non luxury tv subsidised side


reality they can treble our wage structure even if we had champions league every season



another reality

if we dont win league, no cups our revenue is probably less than 40 million


that 40 million is the maximum wage threshold before losses and before bonus payments for winning stuff

so winning stuff makes revenues higher but its mostly chewy up with paying bonuses for getting the prizes

no bonuses less incentive to be winners

so getting to cl with some big player sales in season we won treble and achieved cl

we made around 13 million profit after everything

but that was invincible season and cl group

the season after where we made ko of europa we made 3 million but big player sales and revenues of only around 80 million

so in bigger picture our financial numbers with success are small fry compared with bottom of league in top tier leagues

West Ham revenues at same time as our success were closer to 200 million winning jack and less fans

thats coz of sky bundles mostly


it is my understanding your bonus system is pretty much what club has already

but I dont know?

its not transparent enough

on a different point

in any walk of life to grow you need to add value

if you cant add value to something then you are better selling it if you are offered more than it generates into future

adding value on pitch is coaches jobs

off pitch its boards

there lies the problem

in a world where your competition gets 100 millions every season at least more than you before you kick a ball

you cant compete for wages with them

therefore you cant retain your best players unless you are gonna run at massive loss

And retaining dembele at 120k per week is non starter
nor Tierney at 75 k per week both before bonuses

So the problems celtic face are MSM funding some teams then goading non funded teams into making financially rash calls through emotional attachment

Anyway hope that above book I wrote is useful to someone anyone

I want better players

I want to have a team that can win big cups

but finance of player wages without monster tv deals is impossible imo
 

TET

Well-known member
OK

I can see why you would want all these things

And believe it or not I would love us to e able to hold onto our best players.

Some premises I assume you think are not already in place are we dont already strive as club to do what you want (and thats because the reality is clouded in poor communications and poor transparency of the current layout)

Now lets assume the board want what you want too.

why would they want to keep poor transparency?

1 it could be they dont want competition copying their model and hence destroying their system of success.

2 they are scammers and just want money from fans and competitions for themselves and screw on field objectives.

3 there are probably thousands of hypothetical reasons



Problems associated with retaining champions league players

the big clubs in big leagues all get minimum 100 million from tv deals, some get in excess of 250 million every season just from tv

They get bigger prizes from their FA for high placings

They get bigger prizes for winning cups

Celtic in a treble winning invincible domestic season plus champions league earned around 105 million tops including prizes player sales and revenues from all streams


thats actually very high for a non luxury tv subsidised side


reality they can treble our wage structure even if we had champions league every season



another reality

if we dont win league, no cups our revenue is probably less than 40 million


that 40 million is the maximum wage threshold before losses and before bonus payments for winning stuff

so winning stuff makes revenues higher but its mostly chewy up with paying bonuses for getting the prizes

no bonuses less incentive to be winners

so getting to cl with some big player sales in season we won treble and achieved cl

we made around 13 million profit after everything

but that was invincible season and cl group

the season after where we made ko of europa we made 3 million but big player sales and revenues of only around 80 million

so in bigger picture our financial numbers with success are small fry compared with bottom of league in top tier leagues

West Ham revenues at same time as our success were closer to 200 million winning jack and less fans

thats coz of sky bundles mostly


it is my understanding your bonus system is pretty much what club has already

but I dont know?

its not transparent enough

on a different point

in any walk of life to grow you need to add value

if you cant add value to something then you are better selling it if you are offered more than it generates into future

adding value on pitch is coaches jobs

off pitch its boards

there lies the problem

in a world where your competition gets 100 millions every season at least more than you before you kick a ball

you cant compete for wages with them

therefore you cant retain your best players unless you are gonna run at massive loss

And retaining dembele at 120k per week is non starter
nor Tierney at 75 k per week both before bonuses

So the problems celtic face are MSM funding some teams then goading non funded teams into making financially rash calls through emotional attachment

Anyway hope that above book I wrote is useful to someone anyone

I want better players

I want to have a team that can win big cups

but finance of player wages without monster tv deals is impossible imo
crystal palace had revenues of 130 million last season and still had 30 million loss

we had 80 million revenue and broke even

they spent double our revenue and I wouldn't want many of their team
 
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