Home » News » Alan Brazil is living in cloud cuckoo land if he thinks Dermot Desmond will hand a £20 million cheque to the Celtic boss

6 thoughts on “Alan Brazil is living in cloud cuckoo land if he thinks Dermot Desmond will hand a £20 million cheque to the Celtic boss

  1. To all the Board apologists out there – not only will Dermot not put the 20m in, he takes hundreds of thousands of pounds in cash out the club every year. And if your next question is ‘how so?’ Simple – he is the largest preference share holder which pay a fixed coupon of 6% on the principal amount invested. With all the cash laying about these should have been redeemed years ago, but, they weren’t and they hang round the club’s neck like a millstone 30 years after Fergus issued them…

  2. Great comment Jamie. Dermot Desmond is the only Billionaire in the world to make money from ownership of a football club. It was such a sweetheart deal that was structured and executed by Peter Lawwell ( totally against the intentions of Fergus McCann who had decreed that Celtic would never again be owned by one person or a family!) PL set up a great deal for DD who has an exceptional ROI with, as you say, guaranteed dividends ad infinitum, shocking really

  3. Good thought out comments. But why does Celtic support not see what a magnificent job the board have done ? Peter Lawell has made Celtic a stable club with cash reserves which many a business would envy. Of course we want more, but folk forget the money spent KEEPING players as well as trading. Celtic are a very successful business. Or do those detracters want us to be same as the car crash that was, is, the Rangers ? We have a fantastic team, a brilliant manager, and a board that has Celtic at there core.

  4. The board run a fantastic business model and that is where they should stay.
    On a footballing side we should have a completely different younger, hungrier more dynamic team looking to move the club footballing side forward.
    As mentioned before by your colleague over at the Celtic Blog Barcelona have a fantastic set up from their youths right up to the first team squad.
    This is something Celtic should be copying.

  5. @ Derek – because fans like me – along with tens of thousands of others – don’t think the board does a good job, on the contrary we think they are a group of lazy, greedy, myopic and reactive clowns.

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