Home » News » If the reaction to last Sunday’s win is anything to go by, the meltdown at Ibrox will be epic come next May if Celtic win this title

8 thoughts on “If the reaction to last Sunday’s win is anything to go by, the meltdown at Ibrox will be epic come next May if Celtic win this title

  1. Still not had a look at Celtic’s outrageously high Operating Expenses yet, Eric?p, despite the fact the answers to all your questions a bit why the club is a mess are in there?

    If I give you a little taster as a head start will you, as the supposed ‘journalist’ here, follow the inquiries up?

    Ok, let’s give it a go …

    Celtic Operating Expenses
    2019-20 = £41 Million
    2020-21 = £45.8 Million
    2021-22 = £74.4 Million
    2022-23 = £91.7 Million
    2023-24 = £113.4 Million
    2024-25 = £117.1 Million

    OE Total = £483 Million, 400,000

    That’s £484 Million, or nearly Half A Billion Quid (UK Billion) of the Celtic supports’ money gone in the past 7 years!
    And the biggest problem is that all of it completely unitemised in the accounts, so no one knows where it has gone nor will ever know where it has gone, since the Celtic accounts will never be open to public scrutiny.

    So all we can do is speculate as to where this Half A Billion Pounds Sterling of the Celtic support’s money might have gone and then we can examine the accounts all the way back to when Dermot Desmond took over and again, by simply adding up the bottom line in the Operating Expenses, we’ll notice that there’s well over another One and A Half Billion Pounds (UK Billion), gone from the club, yet no one has ever lost their job over these outrageously high running costs, nor does anyone seem interested or concerned in any way in either stopping these ever spiralling costs nor even questioning them, Celtic bloggers included.

    So, Eric, in your professional opinion, what do you think the board have done with the nearly Two Billion Pounds of the Celtic support’s money lost over the oat 20 years and why do you think they don’t need to tell us what they’ve done with it?

  2. For comparison, Hearts’ TOTAL TURNOVER for 2024-25 was only £24.4 Million.

    That’s every penny on and out of the club and they lost 400 grand due to their investment in the playing squad.

    Yet Celtic have a record turnover of £140 Million and no one even thinks to ask how it can cost £117 Million of that on running a parochial West of Scotland fitba club who don’t have a manager, the stadium’s falling apart and there’s still no hot water in the toilets?

    Do you think Eric, as Peter shrugged last year, that the Celtic fans are ‘getting what they pay for’?

    Or do you think these parasites have been robbing the club blind since the day and hour they arrived in the door?

  3. Indeed can anyone, financier, accountant, or any other professional number cruncher here explain why Celtic’s Operating Expenses have TREBLED in a mere 6 or 7 years when the product on the park has been whittled down to practically nothing?

    When we’re relying on desperate last minute goals to Bea the three worst teams in the league?

    Half a Billion Pounds is an awful lot of money to have been mislaid, is it not, and Two Billion Pounds is just sheer carelessness …
    So where could all that money have gone and why don’t they have to explain themselves?

  4. Btw, Eric, it took me a mere 5 minutes or less to find all those OE figures in the Celtic accounts and less than half an hour to total them all up (over 20 years worth) so claiming you ‘don’t have time’ to do it yourself is as lame as Lawwell & Nicholson blaming FSR and European tax laws for them not buying any players last summer.

    That is, it just won’t wash.

    You should give it a go.

    I’m pretty certain that if it’s readers you’re after your page will be swamped if you’ve the balls to take a dive into the books and show the support how much these parasites have taken from the club in 20 odd years wholly unchallenged.

    For those are EPL levels of running costs, as Hearts’ total turnover of a puny £24 Million proves to us.

    So where has all the money gone?

  5. Eric , love your blog and input . Could we Celtic fans not not club together to have these figures investigated , forensically?

  6. Thanks, Martin.

    Shame that Eric’s not interested as one would normally think that the unearthing of a conspiracy involving the Celtic PLC making Two Billion Pounds of the Celtic support’s money disappear would be front page news.

    Yet even that great seeker of truth and integrity, Phil himself, could not be less interested in breaking this story.

    Which makes me wonder why not one Celtic blogger will go public and expose this craven conspiracy of theft from our club for what it is, a bloody criminal racket.

    Anyone any ideas?

    Eric ..?

    You’ve been asking the question of what’s going on for months and now I’ve provided you with the answer you just ignore it, as though it’s not there in black & white in the Celtic accounts for anyone to check at their leisure?

    Remember, It’s no longer a theory when there’s a proven conspiracy.

    And conspiracies don’t come much bigger than this.

    So I can safely leave this in your hands now, Eric, as you did say a few weeks back that you’re a determined researcher once you set your mind to it?

    Now it’s time to prove your boast to us all.

    HH

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