Guest deep64blue Posted February 3, 2010 Share Posted February 3, 2010 Anyone got any info on their finances after the wheeling and dealing, despite the media slant I have a suspicion they were net sellers and have used that to fund Keane's wages. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,186 Posted February 3, 2010 Share Posted February 3, 2010 Welcome to the forums. Since July 2009: New signings (with fees): Tony Mowbray �£2million Marc-Antoine Fortune �£ 3.8m Daniel Fox �£ 1.5m Josh Thompson �£ 0.25m Zheng Zhi Free Ki Sung Yueng �£2million Jos Hooiveld �£ 1.8m Thomas Rogne �£0.25million Paul Slane nominal fee Landry N'Guemo (loan) Diomansy Kamara (loan) Edson Braafheid (loan) Robbie Keane (loan) Around �£11.5million in total not including any loan fees and wages which will take it well over �£12million undoubtedly. Sales (with fees) Paul Hartley Free Scott Cuthbert Free Jan Vennegoor of Hesselink Free Massimo Donati Free Gary Caldwell �£1million Barry Robson �£0.5million Willo Flood Free Chris Killen Free Daniel Fox �£1.5million Scott McDonald �£3.5million Stephen McManus (loan) Around �£6.5-7million which means they have spent at least �£4million more than they've taken in. Add in reduced season ticket sales, increased wages and no CL money then Celtic are looking towards a huge loss in the summer. The failure to win the SPL and the likely scenario of no CL football again next season, means they could be in big trouble in 2011. All ifs and buts at this stage but they have gone with a very risky strategy. 0 Quote Link to post Share on other sites More sharing options...
Guest deep64blue Posted February 3, 2010 Share Posted February 3, 2010 Thanks - I guess the other thing is what their wage bill looks like now, although Keane on his own is a huge factor. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,186 Posted February 3, 2010 Share Posted February 3, 2010 The loan players especially will definitely ensure their wage bill has risen IMO but the Keane payments are allegedly coming from the silk purse of Mr Desmond so that may help them somewhat if true. 0 Quote Link to post Share on other sites More sharing options...
andy steel 0 Posted February 3, 2010 Share Posted February 3, 2010 I don't think we can hope for any future in a financial meltdown over there. Their house is reasonably in order, financially speaking, and although they seem to hate their owners they gets their hand in their pocket often enough to annoy me. What is worrying is that WE are heading for the same old scene (ah there, Roxy Music) next year unless there's a new owner. Hard Times, indeed. 0 Quote Link to post Share on other sites More sharing options...
Super_Ally 0 Posted February 3, 2010 Share Posted February 3, 2010 Keane loan fee rumoured at �£1million. 0 Quote Link to post Share on other sites More sharing options...
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