Club news

[Gollum]

Celtic plc preliminary results

CELTIC plc have released their preliminary results for the year ended June 30, 2013.

SUMMARY OF THE RESULTS
Operational Highlights
Winners of the SPL.
Winners of the Scottish Cup.
Progression to the last 16 of the UEFA Champions League having played 6 home European matches (2012: 4).
30 home matches played at Celtic Park (2012: 24).
Celtic Park selected to host the opening ceremony for the 2014 Commonwealth Games.
New three-year shirt sponsorship contract with Magners Irish Cider.
125 Anniversary celebrations.

Financial Highlights
Group Revenue increased by 47.7% to £75.82m (2012: £51.34m).
Operating expenses increased by 15.2% to £62.71m (2012: £54.44m).
Investment in football personnel of £9.66m (2012: £5.24m).
Year end net cash at bank £3.76m (2012: £2.77m net bank debt).
Exceptional costs of £1.83m (2012: £0.54m).
Profit before tax £9.74m (2012: £7.37m loss).

CHAIRMAN´S STATEMENT
I am delighted to report that success on the field and, in particular, our European campaign have contributed to a very successful trading period. These annual results show that in the year to end June 2013, turnover increased by £24.48m to £75.82m, which, after operating expenses of £62.71m, produced an operating profit of £13.10m and retained profits after tax of £9.74m, compared to a loss of £7.37m in the previous year.
This is not only a highly satisfactory result, but represents a five-year record profit. Consistent with such a robust financial performance, our net cash at bank position at the year end was £3.76m, an improvement of £6.53m from the same time last year.
Whilst the undoubted highlight of last season was qualifying from the group stages and playing in the last sixteen of the UEFA Champions League, it is crucial that we were able to win the Scottish Premier League title for the second time in a row and get another shot at Europe. This has led to another successful qualification for the group stages with a highly memorable win against Shakhter Karagandy on 28 August at Celtic Park.
The momentum we build by competing in Europe at this level in two successive years is considerable, both financially and in terms of our player pool development strategy.
The dynamics derived from the Board’s strategy of developing the player pool, which I have been reporting on over successive statements, were employed fully throughout the financial year. We invested £9.66m in strengthening the first team squad, compared to £5.24m last year, and following the sales of players in the period, we made a gain of £5.19m, compared to £3.54m last time. Our new arrivals at Celtic Park during the financial year included; Efe Ambrose, Tom Rogic, (on a permanent basis) Fraser Forster, Amido Balde and Virgil van Dijk. They were joined by Steven Mouyokolo, Derk Boerrigter, Nir Biton and Teemu Pukki during the summer transfer window.
Our decision, taken earlier in the financial year, not to accept offers for key players, so that we might maximise our chances of playing success, was a good one in hindsight. The relevant player disposals were made post the financial year end, during the summer transfer window.
Our strong financial performance has allowed us to invest funds across a number of other important areas, including the Youth Academy, with coaching staff, and the Stadium, where we have embarked upon a programme of upgrades that will be apparent this season. Our continued investment in the Youth Academy continues to deliver results at all levels, but special mention must be made of our Under 20 team, who won the league and cup double.
The Academy continues to supply young players to the first team pool.
Throughout the journey we have been hugely mindful of our supporters, who have performed the role of the ‘twelfth’ man superbly at each and every crucial fixture, not least of all the recent encounter with Shakhter Karagandy. In recognition, we introduced a one off £100 award for all standard season ticket applications for season 2013/14 and this has been warmly received, with season ticket numbers in excess of those for season 2012/13.
This year demonstrates, above all, the impact that football success brings to Celtic plc in its current shape. The predominant focus of the board is to sustain a robust structure that can benefit fully from the fruits of playing success, yet withstand the economic pressures of today’s football environment in Scotland. The two key elements of that structure are responsible financial management for the long term, coupled with an intelligent player pool strategy.
We believe that we are achieving this standard and, in so saying, tribute must be paid to Neil Lennon, his support team and players, the coaching staff and assistants at the Academy, Peter Lawwell, his executive team, and all of the staff and employees of Celtic who work enthusiastically for this great Club.
Celtic was built on charitable foundations and we continue to recognise the importance of that ethos and the Club’s role in society. Throughout the year we provided the platform for an array of charitable initiatives. Honouring the objectives of the Club’s founders, it was fitting that, in its 125th anniversary year, the Club continued to support the Celtic Charity Fund, which did more for charitable and social causes than it has ever done before.
Finally, we have enjoyed tremendous support from our fans, sponsors, business partners and shareholders and I thank them all.

Ian P. Bankier
Chairman
Celtic Football Club



Kann sich echt sehen lassen, fast 10 Millionen Gewinn und mehr verkaufte Season Tickets, zumal die Verkäufe von Wanyama, Hooper und Wilson da noch garnicht mit drinn sind.

[Stony]

"Profit after tax 9,74 m" - das sind aber mal Fremdwörter für einen anderen Verein aus GLA

Schön, dass es bei uns neben den aktuellen sportlichen Erfolgen auch wirtschaftlich passt. Der sportliche Erfolg von heute ist morgen vergessen - der wirtschaftlich Erfolg von heute ist die Basis für den sportlichen Erfolg der nächsten Jahre ! Weiter so.

[Lubo]

Year end net cash at bank £3.76m (2012: £2.77m net bank debt).

Also dürften wir bei der nächsten Bilanz ca. 10 Mio aufm Konto haben. Das ist schonmal eine gute Rücklage.

Man sieht aber auch ganz deutlich, weshalb der Club bei Transfers keine Experimente macht. Denn ohne CL hätten wir Verlust gemacht, trotz dem ganzen Sparen.

Ist also enorm wichtig, in guten Zeiten wie aktuell Rücklagen zu bilden. Denn 10 Mio sind schnell weg (2012: 7 Mio Verlust).

[Lubo]

"Profit after tax 9,74 m" - das sind aber mal Fremdwörter für einen anderen Verein aus GLA

Meinst Du wegen dem Profit oder weil sie es mit dem Tax zahlen nicht so haben?

[McCeltic]

"Profit after tax 9,74 m" - das sind aber mal Fremdwörter für einen anderen Verein aus GLA

Schön, dass es bei uns neben den aktuellen sportlichen Erfolgen auch wirtschaftlich passt. Der sportliche Erfolg von heute ist morgen vergessen - der wirtschaftlich Erfolg von heute ist die Basis für den sportlichen Erfolg der nächsten Jahre ! Weiter so.

Welchen anderen Verein aus Glasgow meinst du ?

[Stony]

"Profit after tax 9,74 m" - das sind aber mal Fremdwörter für einen anderen Verein aus GLA

Schön, dass es bei uns neben den aktuellen sportlichen Erfolgen auch wirtschaftlich passt. Der sportliche Erfolg von heute ist morgen vergessen - der wirtschaftlich Erfolg von heute ist die Basis für den sportlichen Erfolg der nächsten Jahre ! Weiter so.

Welchen anderen Verein aus Glasgow meinst du ?

Den Namen hab ich vergessen - den wechseln die aber auch öfter wie ihre Unterhosen....

[Gollum]

Großes Peter Lawwell-Interview bei STV, er nimmt Stellung zu unterschiedlichsten Angelegenheiten:

Watch Celtic chief executive's Peter Lawwell's extended interview
Celtic chief executive Peter Lawwell has spoken to STV in an extended interview on matters on and off the park at the club.

[Lubo]

Sehr interessant!

[Gollum]

Chief Executive on positive AGM

A SUCCESSFUL 12 months on and off the pitch for the club was marked today by a very positive Annual General Meeting at Celtic Park.
Following the AGM, Celtic Chief Executive Peter Lawwell said: “As ever, the Celtic AGM was a lively event and of course a great opportunity to hear the wide range of views amongst our shareholders and supporters, something we do throughout the year”.
“Fundamentally, I think this year’s AGM demonstrated the fantastic place the club is in, Scottish Champions, double winners, a Champions League club and in a secure position off the field. We look forward to the future with confidence and I think the comments and the good mood today reflected that.
“There was a lot of focus on the Living Wage issue and indeed some confusion. Clearly this is a relatively new and very well-intentioned campaign.
“We understand that Celtic is a big football club and scrutiny will always be on us, but let’s be clear, this is not solely a Celtic issue. We are not aware of any other football club in the UK which has adopted this and, outwith football, there are thousands of other organisations who have not signed up to the Living Wage.
“For clarity, Celtic Football Club pays the Government’s statutory wage level or higher.”
He added: “The wellbeing of our staff is one of our prime concerns. Our staff, like our supporters, make Celtic the great club it is.
“At Celtic we are pleased to have a very content workforce, one where the overwhelming majority of staff at the club are with us for many years. We do all we can to ensure that this is the case, offering a competitive package and continually reviewing of terms and conditions
“We consult regularly with our staff and we are also the only club in Scotland to have achieved and retained the Investors in People Standard.”
And on the situation following the recent game in Amsterdam, the Chief Executive said: “Finally, we were also pleased today to update our supporters on events in Amsterdam.
“I am sure our fans will agree this is an issue where we have been proactive in our approach. We are proud of our reputation and we will tackle any accusations of mistreatment of our fans very seriously. It is an issue we will tackle head on.”
“I would like to thank all the shareholders who attended today. On behalf of everyone at Celtic, I thank you all for your continued commitment to and support of the club”.

[McCeltic]

http://www.dailyrecord.co.uk/sport/foot ... er-2839975?


Warum auch ? Die Wahrheit darf man wohl noch sagen dürfen.

[Gollum]

CELTIC have widened the gap between their Old Firm rivals by reporting a market worth of £95.7 million - nearly £70 million more than Rangers.

Shares in the Parkhead club rose to 76.5p on the stock exchange, while Rangers’ share price slumped to a record low of 39.5p. Rangers are now valued at £26.3 million.
The news means that majority shareholder Dermot Desmond could theoretically sell his stake in the club at a profit for the first time since buying out Fergus McCann in 1999. Were he to sell his shares now, he would see a profit of £2 million.
Despite a share issue last December that saw £22.2 million raised, Rangers’ market worth has fallen to such an extent that ordinary investors’ shares are only worth 50 per cent of their original value.

[Big John]

Ich denke dass wir so stark, aus finanzieller Sicht zumindest, noch nicht dastanden. Aber wenn man sich überlegt wie weit wir entfernt sind von den anderen SPFL Mannschaften und auch den Rangers, dann müssten wir die nächsten 5 Jahre die Meisterschaft holen. Ich hoffe wir schaffen es wesentlich länger.


Here we go 10 IAR

[wakes_green]

Von der offiziellen Homepage. Wisst Ihr, was dahintersteckt?

Celtic Football Club statement

By: Newsroom Staff on 08 Jan, 2014 18:03

IN response to stories in today’s media concerning Celtic, the club has released the following statement.

‘Celtic Football Club operates to the highest standards and with the utmost integrity. At a time when the Club is committed to investing in and improving areas around Celtic Park, not only for Celtic supporters but for the benefit of the local community, it is sad that these baseless accusations have been raised with the European Commission.

´Any suggestion that Celtic has been the beneficiary of state aid is preposterous - as ludicrous as any suggestion that we have benefited from soft loans from our bankers. The historic transactions referred to were negotiated with the Council on commercial terms at market rates.

´The Club will assist the Commission fully with the process and will not be deterred from our work to improve our local area.´

[Gollum]

Wisst Ihr, was dahintersteckt?

Das hier:

EC looking into Celtic land deals
The European Commission is looking into claims that Celtic Football Club broke EU rules in land deals involving Glasgow City Council.

[Gollum]

Celtic in top 40 of world football earners list
A new study has placed Celtic in the top 40 earners in world football - but concluded that the club’s meagre broadcast revenue will ‘restrict’ their potential to ever compete for a top 20 spot.

[Armin_Bhoy]

http://www.celticfc.net/newsstory?item=5398

http://www.celticfc.net/downloads/Celtic_plc_Interim_Report_2013.pdf

Celtic plc Interim Report 2013

CELTIC plc have released the interim report for the six months to December 31, 2013.

Operational Highlights
• Progression to group stages of the Champions League.
• Currently unbeaten in the SPFL Premiership and top of the league.
• Breaking long standing record for number of consecutive clean sheets.
• Academy continues to be successful; over 70 internationalists at Under 21 level and below.
• Multi-million pound investment in the area around Celtic Park, benefiting supporters and the local community.
• Launch of the Kerrydale Bar, Café 1888 and new family stand.
• Installation of a full stadium Wi-Fi network with accompanying matchday application.

Financial Highlights
• Revenue decreased by 11% to £44.8m (2012: £50.1m).
• Operating expenses decreased by 7% to £34.3m (2012: £37.0m).
• Profit from trading before asset transaction and exceptional operating expenses of £10.5m (2012: £13.1m).
• Exceptional costs of £2.3m (2012: nil).
• Profit on disposal of intangible assets £16.5m (2012: £5.2m).
• Profit before taxation of £21.3m (2012:£ 14.9m).
• Period end net cash at bank of £5.7m (2012: £0.1m net bank debt).
• Investment in football personnel of £5.0m (2012: £4.7m).
• 16 home fixtures (2012: 19).

CHAIRMAN’S STATEMENT
I am pleased to report on our financial results for the six months ended 31 December 2013. The introductory page to these interim results summarises the main highlights.

We have enjoyed another highly successful period on the football pitch. As we report today, we are comfortably at the top of the SPFL Premiership, having enjoyed an excellent run of results in the league, remaining unbeaten and having broken a long standing record for the number of consecutive clean sheets.

Having won the Scottish Premier League title in season 2012/13, we qualified once again for the group stages of the UEFA Champions League. Our reputation as a leading club in European football has been enhanced by that success. These results reflect the financial benefit of participation in the group stages of the Champions League for a second year in a row, coupled with successful management of the playing squad.

Revenue dropped for the period to £44.8m (2012: £50.1m). The decrease compared to last year’s results at this stage largely reflects the impact of our decision to make the £100 reward for adult season ticket packages, together with playing three fewer home matches in the period and accumulating fewer points in the Champions League group stages, resulting in reduced UEFA distributions.

Operating expenses for the period decreased by 7% to £34.3m, leading to a profit from trading, before asset transactions and exceptional operating expenses of £10.5m (2012: £13.1m). Exceptional operating expenses in the period of £2.3m relate to an impairment charge.

Prudent investment in, and management of, our playing squad is a key component of the club’s strategy. In line with that strategy, we continued to invest in the playing squad, with £5.0m invested, an increase from last year (2012: £4.7m). Our profit on disposal of intangible assets of £16.5m, in comparison to a profit of £5.2m last year, largely reflects the transfers of Gary Hooper, Victor Wanyama and Kelvin Wilson. Together with ongoing investment in our Academy, the identification and creation of Champions League quality players remains fundamental to Celtic. Following the end of the period, during the 2014 January transfer window, further investment was made, securing the signing of the highly rated players Holmbert Fridjonsson, Stefan Johansen and Leigh Griffiths.

As at 31st December 2013, net cash at bank was £5.7m. Our profit before taxation for the half year was £21.3m, an increase of over 40% on the same period last year.

There is little doubt that this is a robust set of interim results and they reflect a club that is in excellent financial health.

The strategy of the Board is unchanged; our overwhelming priority is to win the SPFL Premiership and to qualify for the group stages of the UEFA Champions League and beyond; we seek to give our manager the best tools for the job, within the constraints of our economic environment; we aim to create value by investing in our youth academy and by acquiring players that we can develop; and in terms of the finances we seek to live within our means. All of this helps us prepare for the future and the economic uncertainties, which have had such a devastating effect on many other football clubs.

Our Chief Executive, Peter Lawwell, is serving as a Director of the Scottish FA, while our Financial Director, Eric Riley, serves as a Director of the Scottish Professional Football League. The structural and financial difficulties that face Scottish football are well documented and it is fair to say that the outlook for the game is challenging. I am gratified that Peter and Eric can make a contribution to overcoming the obstacles that lie ahead.

Looking forward to the second half, as with previous years, trading performance in the remaining months of this financial year will not be at the same level as that in the first six months (or the comparable period in 2013), with fewer home matches scheduled, no Champions League participation and lower gain on player sales.

A key focus for the year will be our continued investment in Celtic Park, not only for our own supporters’ experience on match days, but also for the benefit of the wider community. In January we opened a dedicated facility for disabled supporters and, throughout the year, we look forward to delivering further projects, including development of our Wi-Fi system, safe standing areas and the new landscaped and public realm area to the front of Celtic Park. In addition, we will continue to support Celtic FC Foundation in its very important charitable work, which provides assistance in key priority areas of health, equality, learning and poverty.

This has been another very active spell for the club and my profound thanks and appreciation go to Neil Lennon and his backroom staff, all of the players, executive management and staff, who are committed to ensuring that Celtic is a world class football club. Most importantly, I pay tribute to the fans, whose support, encouragement and dedication is second to none.

Ian P Bankier
Chairman
7 February 2014

[Gollum]

To read the full Interim Report, click HERE

Besonders positiv und durchaus erwähnenswert, auch ohne die Spielverkäufe des Sommes hätten wir Gewinn gemacht. Da stören dann die etwas gesunkenen Einnahmen durch die verbilligten Season Tickets auch nicht allzu sehr.

[Gollum]

Während es im Westend anscheinend mal wieder ungebremst Richtung Abgrund geht wird bei uns fleißig weiter an der Weltherrschaft gearbeitet:

Peter Lawwell joins European Club Association Executive Board
CELTIC Football Club is delighted to announce that Chief Executive Peter Lawwell has been elected to serve on the main Executive Board of the European Club Association. Peter will join other existing Board members including Chairman Karl-Heinz Rummenigge of Bayern Munich, AC Milan’s Umberto Gandini, Edwin van der Sar of Ajax and Arsenal’s representative Ivan Gazidis.

[Armin_Bhoy]

http://www.scotsman.com/sport/football/spfl/uefa-offer-celtic-hope-over-moving-to-england-1-3329021
UEFA offer Celtic hope over moving to England

[Gollum]

Exclusive Dermot Desmond interview