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England move would triple value of Celtic, says McCann

Discussion in 'Celtic Chat' started by LoveTheTic88, Mar 4, 2014.

Discuss England move would triple value of Celtic, says McCann in the Celtic Chat area at TalkCeltic.net.

  1. SpellCheck92

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    Look unless your a financial expert I can't take your word on that breakdown. If you can provide a link that from a reliable source breaking it down then fair enough but I just have the feeling you have got the green tinted specs on there.

    Earlier on you said we were debt free. We aren't debt free.
     
  2. ILoveTheCeltic

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    What i've said is correct. You don't need to be a Financial Expert to read accounts, you just need to know what the meanings of the words are. I done accounts in School and was pretty good got a B, I can read accounts no bother, its not really that hard although people think it is. The difficult thing's in accounting are writing accounts or working it all out, but if somecunts done that then reading them is easy.

    We could be debt free if we wanted to without having to do anything -ie. We wouldnt need to sell players, building or nothing, we have enough money in our pockets to pay off our debt, so we basically are.

    The club's real debts are:
    Owed to Banks £10.5million (is paid up in quarterly installments to be paid off by April 2019)
    Owed to Clubs £3.2million (will be paid within the year)
    Owed to Shareholders £4.3million (will never be paid)
     
    Last edited by a moderator: Mar 5, 2014
  3. evilbunny1991

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    From my understanding of financial accounts, which is not huge, ILTC is correct.
     
  4. Roskopicachu

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    It should really be based on the size of a club, being based in a city, with a huge fan base and a massive stadium.

    Nobody in the professional football world could really say they'd rather watch Barnet, Lincoln City or Nuneaton. If you were from the continent and you had the option of watching Aston Villa vs Manchester United, or Celtic vs Manchester United i'd guess they'd pick our game. They certainly wouldn't be forking out cash to watch Barnet vs Gateshead. Those clubs would make a fair bit of cash just having us in there. So it's a win-win.

    Maybe it's not so much about club owners any more, it's more about what Sky want.
     
  5. Dallas Cowbhoys

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    I doubt you'd be saying that if Celtic was actually an Irish club
     
  6. Pádraig Pearse

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    What sort of a statement is that?

    If my auntie had balls she'd be my uncle.
     
  7. ILoveTheCeltic

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    Anybody could be able to read published accounts from any company for me as they have been simplified to be easily understood. The only complicated thing is the terminology they use to confuse people, to make people think '* I dont know what they mean' but it's quite easy to learn what they mean and most of the time they actually define the meanings in the notes anyway.
     
  8. SpellCheck92

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    I will take your word for it as financial accounts are a bit of a mystery to me. I had to write and work them out in College and have since took an absolute scunner to them. I really hope what your saying is right.

    My point is we shouldn't be running about saying we are debt free as people could easily wave our accounts at us and technically they would be proving us wrong.
     
  9. Dallas Cowbhoys

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    Many Scottish people, me being one of them, are completely against the thought of representing England in Europe.

    Saying something is a bit daft, even though you have no way of emphasising with them, is what is actually daft.
     
  10. Pádraig Pearse

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    That's a bit like a really talented person from a disadvantaged country knocking back an opportunity to move to England for a better education and better career potential because they don't want to write down in a census that that they live there. It's a complete and utter nonsense.

    You either want what's best for Celtic or you don't.
     
  11. Dallas Cowbhoys

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    That's not the only reason me and half of the poll have chosen to not go with the EPL option to be fair.

    The reason I made the point in the first place was because I'm positive that if Celtic was from Ireland and this question was posed, everyone would be like, * that, no chance I'm representing/moving to England....and the vast majority would agree.

    But in this scenario, it's a bit daft...you see this kind of * all the time.

    I wouldn't want us to move there, raise ticket prices massively and all the other * that comes along with becoming a top 6 EPL team. We would lose our identity a whole lot more.
     
  12. ILoveTheCeltic

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    Doubt it though and if they did you could just could get a laugh at them considering theyd probably be a Sevco Supporter.

    Our total liabilities in the summer were £39.7million

    £10.5million owed to banks
    £14million we knew we had to pay (this isnt a debt, every year we know a certain amount we have to pay because of contracts, this just has to be noted down as a current liability because we know for definite it has to be paid or we could be sued like players wages)
    £4.3million owed to shareholders(been on the accounts I think from the start, it'll never be paid, maybe it will one day, doubt it though)

    The rest is money owed to us that we havent got yet but know we will really, it just has to go down as a liability as for all we know Nike could go bust and not pay us the £6million or Magners could go bust and not pay us etc

    The thing with Sevco fans trying to claim we owe £33million to the banks was just a stupid * getting mixed up. We had loans of £21million and we have a £12million overdraft facility but we rarely ever use the over-draft so we never really owe any overdraft and of the £21million loans over £11million has already been paid off up to now.
     
  13. Dylan1996 Gold Member Brigade Gold Member

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    Sorry if this is a stupid question, but should Scotland become independent would that decrease our chances of joining the premier league?
     
  14. TheHolyGoalie

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    I'd have thought so aye.
     
  15. SpellCheck92

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    Not at all. We would still have absolutely no chance of getting into the Premier League if Scotland gains independence.
     
  16. Diegan

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    Leagues do merge, especially if Europe keeps becoming closer politically. You just have to look at the US and early state-specific leagues who would later merge to create the AFL and NFL, who then merged. So while I wouldn't like to see us join the English Premier League, if there was some kind of merger to create a League of the Isles that would work. Or the Atlantic League. Or, later, the European Super League.
     
  17. Jinky.

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    Will the Scottish national team be disbanded if its a NO vote?

    Fifa have already hinted they want to see a UK football team.
     
  18. eire4

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    To be fair FIFA have hinted and wanted that for quite some time but I don't see that happening either. Still hopefully Scotland will vote yes and it will all be a moot point.
     
  19. Gordon Bennett

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    I doubt it. We're separate countries as far as UEFA are concerned. A political division shouldn't affect that. Not that it matters as I doubt the talk about us moving to the English league will ever be more than just that, talk.

    Right now only clubs located in England and Wales are eligible to play there and as far as I know the English FA have absolutely no intent of changing that. Aside from Berwick Rangers, no Scottish club could play down south at least for the foreseeable future.

    Maybe if there was overwhelming pressure from English clubs to admit us it could be done, but I doubt that would happen as anyone from the Championship on down would have their promotion chances threatened by a club of our size competing with them.

    Unless we were to relocate the club in England, that would work, but I don't see us leaving Glasgow either.
     
  20. AwesomeCaz

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    Would cry with delight were Celtic to ever get into a big league, whether that be England or anywhere else.

    We would instantly become one of the world's top, top clubs. We could expand our stadium, sign who the * we wanted, increase our fanbase in new areas and reclaim all the old Celtic areas (i.e. Ireland) who now only care about the EPL.

    FFS I wish it could happen.