spend 10 m to get 12-15 back !!

Businesses are businesses but we all (should) know that football clubs work differently and have a different relationship with creditors.A spanish mate of mine said that Real Madrid are about 200 million in debt, yet they get away with it. ( Admittedly, this may change now Barca are starting to take over).

Point is, while Celtic do not have millionaire owners , they will have to spend to earn success and frankly i don't give a flying * about shareholders ( gamblers, in effect), accountants or board members in suits who have often never kicked a ball in their lives- some debt is inevitable but buy the right players and the books WILL be balanced over time.

 

We might also be playing in the CL every year!!

 

10 million will get you ONE average epl player for three years.
spend 5 million on the player and the rest will be wages,spend 10 million on the player and you can add 5/6 million on wages.
We cleared our debt last year by selling mcgeady not with the club profit.
If some people on here ran there lifes like they want to run celtic they would end up living on the streets.

 

No it's not simple.

Firstly, what about the wages? If you buy 3 players for 3-5m each then they'd want wages that a 3-5m player would earn elsewhere so your 10-15 million spent would actually cost a * of a lot more.

Say we even managed to get them to accept 30k a week, then that's 1.5m per year, each - so that's another 4.5 million per year for even say 3 years so you are talking an additional £14million minimum.

Then there is also the fact that it still won't guarantee the league so there is a risk that you'd have just committed to paying around £30m but still don't get the CL money.

It's for this reason that transfer budgets don't include European money until it's guaranteed, it's too much of a risk.

I want to see us bring in quality, but we can't afford those amounts, more realistically I'd like to see us spend around £5million on players, adding in their wages I think that would be sustainable, however, if we get players that do the job for less than that, then I don't really care how much we spend as long as the players bought do the job on the park and we win this league.

You can't just say spend X amount and we'll win the league, football doesn't work like that.

 

Of course we've got the money to spend. Only last season we sold Aiden for almost £10m. We've got no major debt worries. The problem is the board care more about the balance sheet than they do the quality on the park.

Biscuit tin mentality.

I'm not saying we should go out and spend something like £5m on a player before including his wages, but we should definitely be more ambitious in the transfer market.

If we lose Kayal, Ki and Izaguirre in the one window we could be looking at a combined fee of at least £15m yet we'd spend £5m tops and that would be spread out over 4 or 5 players.

 

no offense but thank * people like the op dont run our team, Ideas like this are exactly how teams go bankrupt

 

Was gonna buy the away and the 3rd top to go with my home top, not now. Was gonna go to a few games and take some faily along, not now. Am not spendin my well earned ir the board seem to think they shouldnt. Their lack of action is gratin and am sick of this idea of "balance the books" pish. Is it truly hard to go out and get ONE solid defender. Even if he doesnt cost 4 million and just costs 500k cant we get one? Look how much they orcs spent on Jelavic and he is a top striker. We need to spend a little to try and claw our we back onto the top. Am sick of rangers being on the verge of pish and us never seizin our chance.

 

First of all, hello. First post here.

I think the initial post of course simplistic, but I do actually agree with the underlying idea.

At the moment I feel our board have an almost unhealthy facination with having zero debt. Of course noone wants to have a debt problem, but managable debt is not a bad thing. A business the size of celtic should have no problem at all running a deficit of £10m over a couple of seasons and repaying it. At the moment the board seem to be more concerned about marketing the club as a global brand which again is a good thing to see, but in my opinion a waste of time if we have to watch the club deteriorate as well.

Celtics only selling point in the new football markets is its history. That is it. Sure we benefit from the large scottish and irish diaspora around the world but when we are trying to brand ourselves in Asia, etc, the size of the club and its history is the only reason people would be interested. As the moment we are in great danger of losing this appeal as we are simply falling too far behind.

I am not suggesting a financial blow out, but I am suggesting that the board need to invest properly in our squad. And if they dont I do wish that they would stop selling us this notion of being a mega club and a global brand. The way I see it is if we really have no aspiration to compete at any level in Europe then lower ticket prices, cut wages, and just concentrate on youth development and scottish talent. Take a step back to hopefully go forward in the future. But dont charge premium prices, expect 60000 each week, go on global tours, expect large revenue from merchandise, promote your own tv station, etc, and put out a team of free transfers that cannot beat a mid table Swiss side!

 

Good post mate, sad but true!

 

amazed at some of the coments on this . cant afford .no money .etc etc .our * club is on its knees we are a laughing stock how low do you want to see us go we have 2 decent strikers 2 decent midfielders kayal and forrest 2 defenders emilio and kelvin wilson the rest can go now with our less than average keeper. i love my club and it pains me to see where we are going if we get injurys to hooper and stokes i might get a game and am nearly 50. we have to buy in this transfer window surely you can all see that am not even sure we will win on sunday that just about says it all does it not

 

We will buy this summer. The comments towards the board are laughable by some though. Clueless in the extreme

 

Well said, iv been saying the same myself for a while.

 

Aye let's reduce ticket prices etc and give up ALL hope of ever gaining entry to the CL again.

That goes against every wish the fans have for the club.

 

We do not have a team of free transfers. Not even close.

The tours bring us income. Silly to stop that. Madness in fact

 

Theirs a difference between buying and spending on quaility.We have seen and heard it before from the board. we should have the team sorted by now but once again the board are waiting for bargain bin players that no other team want so we can get them on the cheap.

 

That's nonsense. We operate in a certain Market. I wouldn't say any other club at our level are snapping up good quality players we wound want...certain ly not Rangers.

We can't spend the money the fans want us to. A reality check is required.

 

I see where you're coming from. I bought 2 new tops myself plus a tracksuit top, a wee kit for my baby nephew and i also subscribed to the Celtic View. Probably won't make it over to a game this season, would like to but not sure i can waste the cash when Celtic are so poor.

 

Surely we are fans forever through thick and thin?

Celtic will NOT improve by fans staying away.

 

I agree with you we cant spend what is expected of the fans e.g 10-15mill plus. But what im saying is and it goes for with out saying in any business if things are going against you, business is down you might have to invest money to bring the peope through your doors again.

But the thing is if you just try to paper over the cracks eventually the people will find you out and the cracks will eventually appear and you will be back to where you started. Its exactly what the board are doing to us fans. Fooling us with all the hype and bullshit we here from them every pre season to get us back through the doors and eventually people will get sick of it and stay away for good

 

I think a lot of fans may think what's the point in spending money on Celtic when their families are financially streched due to hard economic times when their is little or no investment from the board.