Death or Glory
Tonight see’s the Treble Treble Champions face do or die.
A win and its Europe no matter what and one certain Slavia Prague stand in our way who please forgive me but I ain’t quaking. Was much more worried about AeK Athens last year which proved to be correct. Dont ask me why I just feel it. I see us as a pretty good prospect to go through in the next round.
Were scoring and looking good.
As we all know the season starts early for Glasgow Celtic,,these games are essential.
Well luckily we have a fella who has been there done that as far as we are concerned.
I like to think it will have been impressed upon the current squad that THIS is the game that defines your season.
The entire club should be geared towards these games full stop.
Lenny knows exactly what this game means.
Hes a motivator and will have our troops primed for battle.
The bhoys got that vital away goal and thats exactly what shall aim to build on.
We are at home ,, in front of the floodlights,, with the faithful in a vocal mood .
Its Paradise and trust me they ( the opposition) will wilt in the face of the uphill battle they are looking at.
Expect a statement result!
Expect our best player James to step up again.
It was hot as hell in Romania when we visited.
Suits us way way more tonight.
This time we have em right where we want em and they are getting taught a lesson.
3 zip is my prediction.
Go out and blow them away Celtic ,,, put out a marker.
The Celts can play.
Bring em on.
JimmynotPaul
Uber, Mahe for me with the last post this time.??
MIT.
If you read back.
When I was talking about the young team, I wasn’t meaning anyone under 16 ( the voting age, in Scottish elections )/
I was talking about people in my work and my children’s friends, they would all be 20/30.
I should have clarified better, I was meaning young in relation to average blog ages.
This is aimed generically.
In a blog it’s good to have varying opinions and posters.
I enjoyed reading back last night.
Need to go, train to catch.
Jimmy was entertaining his friends Gloria Hunniford and Jonty Hearndean, just for a laugh they decided to re-create “Cash in the Attic”, so up they climbed (we have a big hoose) while rummaging through the various boxes, a brown leather suitcase appeared tucked into a corner. In gold were the initials K.T. Guess what was inside, Jimmy screamed, Gloria wet her knickers and Jonty fainted. Well 25 million squidges does that to you, Thanks K.T. “Nae bother Mike” give the team my best wishes…
Bend it shake it anyway you want it, but spend it…
Mahe
Hope your prediction is correct. Certainly not hot tonight in Glasgow. Chilly morning in Glasgow. An early goal to settle the nerves of the team and the fans would be nice. Hopefully we score early and score many.
MAHE, tonight it will be welcome to the glesca weather cluj, think 2 or 3 hoping for 5, im a greedy bassa?
JIMMYNOTPAUL
Agreed.
I thought last night’s discussion was as good as we have had on the site,purely BECAUSE of the differing opinions.
MIKE
Ah,come on. You’re making that up. Everyone knows it’s in a biscuit tin.
I was disappointed in the debate last night. I would have bet my sons life on it that it would eventually all come down to faith. It so fucking boring for those that can proffer more than “a keep the faith faculty” . I understand why they want to get involved. That´s what happens when you disturb somebody who is in full possession of a faith and some … body, group, text etc. fucks with it. The problem is that they cannot carry the debate any further so it becomes about personalities. Basically uncivil and bad mannered and then full abject and pitiful surrender so you are left with the feeling; No point in debating these points with these people anymore as it basically abuse.
I hope there is truth in the reports this morning from Norway and Poland, that Celtic are after left back Meling of Rosenberg, and right back Gumny of Lech Poznan. Signal of intent if true.
So we got the money for KT upfront in a single payment, was this the stumbling block that we wanted a one of payment and no drip drip payment, what the eff are we hoarding the money for ?
It doesn’t make any financial sense whatsoever, players are assets, players make money, it’s crazy stuff.
TET
Think we got the £19m upfront for Moussa too. A cool £44m straight into the Celtic bank account in two sales. With the £9m fae Leicester for the management team added, all in 12 months. It makes you wonder.
Bobby, That’s 100% true, “would I lie to you”?
MAHE
You won’t get a prediction from me,but I thinkthat this is probably our most important game of the season. As you say,win it and we have group stage European football,guaranteed.
I’ll beg to differ about the degree of difficulty that Prague might cause us,but I’ll be happy for you to remind me of that in a couple of weeks.
Wee choon by Rod. It’s hardly on the same subject,but the title fits!
https://m.youtube.com/watch?v=IZr6AE-u2UM
MIKE
Of course you wouldn’t. Not at all,old bean. I was thinking about that earlier-maybe PL got it from a bookie. They’re a bunch of money grabbing thieving basturts anaw. Certainly more than a coincidence.
Reminds me of the o-l-d joke about the Jewish congregation wondering what to buy their Rabbi for his retirement. One of them,a leathermaker,pointed out that the Rabbi had kept all of the foreskins he had removed during religious ceremonies and that he could construct a suitable gift using his own skills.
This appealed to the congregation for various reasons,but the Rabbi was very disappointed,after years of selfless devotion to his flock,to only be presented with a wallet.
Yes,it is a wallet. But if you stroke it,it turns into a suitcase!
Jaiket,offski!
TET
Why is Celtic PLC Hoarding Cash ?
By Dougie Fraser 21st April 2015
Business/economy editor, Scotland
Traditional finance does not propagate excessive holding of cash. The question of how much cash should a firm have on hand has been widely discussed and debated. The conclusion was that each firm has its own appropriate level of cash that should be kept on hand. Ratios such as current ratio and quick ratio were developed to find out this appropriate level. The rule of thumb was that firms should keep enough on hand to meet interest payments, wage payments and any other near term cash requirements that the firms may have. The idea was that any excess cash should immediately be invested to earn interest. Too much cash on the balance sheet was viewed negatively. It was considered that the company’s management does not have any vision. Otherwise, they would not leave the cash lying around idle. It was believed that holding large amounts of cash leads to opportunity loss. It could cost the company dearly if the competitors used the money to build up large competitive moats.
Celtic Football Club and new age tech companies have defied this thinking. Several companies are sitting on massive stock piles of cash. Apple Inc, the world’s most valuable company, is sitting on over $250 billion in cash surplus. Warren Buffet’s Berkshire Hathaway also has over $100 billion in cash reserves. Celtic Football Club PLC is sitting on over $158 million which considering their comparatively small turnover, actually minuscule, it leaves Apple and Warren Buffet drooling. Such huge cash reserves that were unheard of are now the new normal. This trend has changed after the 2008 crisis began. Firms all over the world have started hoarding cash instead of investing them in securities.
In this article, we will understand some of the common reasons behind this phenomenon.
Why Do Businesses Hoard Cash?
The changes in the external environment are responsible for the change in the way businesses are behaving.
Precautionary Motive: Cash crunch was one of the reasons why several businesses collapsed during the 2008 crisis. The businesses seem to have learned their lesson. They now know that not having enough cash on hand makes them a slave to the whims and fancies of investors who may not be well capitalized at all times. Hence, companies have started holding more cash to stop being desperate and overly dependent on external funding if a crisis breaks out. Businesses have started correlating a higher cash reserve with better chances of navigating another economic downturn. It must be noted that mere precautionary motives do not justify the $250 billion dollars that companies like Apple are hoarding within its coffers.
Lack of Opportunities: The 2008 slowdown has also led to the reversal of economic fortunes across the globe. Although there isn’t a recession, the economy isn’t growing too fast either. There is stagnation in the macro economy. As a result, companies do not feel the need to expand their capacity and manufacture more. Since the scale of operations does not have to be increased, there is less need for undertaking investments. In the absence of viable investment options, money remains within the company’s bank accounts. This accumulation of excess cash since 2009 has partially led to this situation wherein companies have excess cash.
An Anticipation of Better Returns: Businesses are aware that interest rates move in cycles. After a period of low-interest rates, comes a period of sky high interest rates. This is an axiomatic truth. There is no question of whether this will happen. The only question is when the interest rates will rise. Firms want to be prepared for this high-interest rate Armageddon. They can then use the cash to avoid taking on expensive debt at a later date. They could also pay off the higher debt. Another option is to get a higher interest rate on the cash simply.
Alternate Uses of Cash
Whenever companies have excess cash, they end up doing one of the two things that have been mentioned below.
Mergers And Acquisitions: M&A activity is fueled by idle cash lying in the vaults. This is the reason why companies like Infosys are being forced to find acquisition targets. The idea is to keep the company growing even though the market is stagnant. Excess cash can be used to consolidate the industry in the hands of fewer players and reduce the competition. This usually provides more pricing power to the acquiring company in the long run.
Share Buyback: Lastly, if the company has nothing to do with its money, it should give it back to the investors. This could be in the form of a bumper dividend offer. On the other hand, it could also be in the form of a share buyback. Buybacks restore investor confidence since they show that the company is willing to bet its own money on the fact that the stock price will go higher. Once again, this trend has been rampant in the Indian IT industry. Companies like TCS, Infosys, and Wipro have been forced by investors to buy back their own shares at a premium.
To sum it up, the rules of the cash game have changed. Holding up huge reserves of cash is the new norm. It needs to be seen whether this norm will sustain over a longer period of time or whether the world will move back towards the traditional conception of cash management.
Mahe
From yesterday.
I cannot and will never understand why any born and bred Celtic supporter wouldn’t want to watch the team. You and others choose this on principle and that is your right. I knew when I joined this blog the stance most people involved took and it’s my fault for railing against that. Maybe I’m on the wrong channel??
But equally you cannot expect to write any article relating to how we are playing if you don’t watch 80% of the games. I would suggest that if you saw our defence against Motherwell you would not be confident of a clean sheet!!
As for the money it costs for the site. I would be happy to make a contribution to it when you make a contribution to the club you are blogging about.
I’m really looking forward to meeting you because sometimes the nuances get lost in the written word. We’ll have a good chat and see where we find common ground because there’s bound to be plenty.
Awe Naw & TET
Thought of this track
https://youtu.be/eTeg1txDv8w
THEEXILEDTIM,GARRY
I wish I knew why the stockpiling was taking place,it makes no financial sense whatsoever. The club doesn’t benefit from money being in the bank-interest rates are so low that they should be taking advantage of them to borrow,if anything.
The best investment for a football club is in improving the quality of players it has on show. The better the player you buy the more they can improve those around them,and the more everyone improves the better the results become. On and off the pitch. That means more money coming into the club via participation,prize money,sponsorship-more importantly for the PLC,it means that our players are more valued by other clubs.
It’s a total heads..k that they are behaving this way. It doesn’t make sense to you guys,or to me. But maybe that’s because we are mere numpties. However,we all know people who aren’t. And they are as flummoxed as us. Makes no sense whatsoever.
What Is Portfolio Management?
Portfolio management is the art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance. Portfolio management is all about determining strengths, weaknesses, opportunities and threats in the choice of debt vs. equity, domestic vs. international, growth vs. safety, and many other trade-offs encountered in the attempt to maximize return at a given appetite for risk.
Portfolio management, in general, can by either passive or active in nature…………..oh the Irony
Morning all,
Hope we are well.
Hows this for a bit of spin. Is Scotty Broon ripping the pish, or did Disco Pete PR Productions feed him this line?
”
“It should be a fairytale story. You look at Ajax and other teams like that, when they sell players that came through the youth academy and gave so much to the club they have a big massive party in the street and the fans come out and celebrate”, Scott Brown.
So there you have it. Tonight isn’t about a CL qualifier.
It’s about having a party to celebrate player sales. Can I be the first to say, whoopy do. Happy Sale of Player Assets day everyone !!
???????
You couldn’t make this pish up ??
Meanwhile, the other channel embraced this approach, and we are huns if we don’t join in the celebrations.
Looks like an X-File, Scully.
Meanwhile, has Twists checked in yet from Day 2 of his trip dan dwarf? If no contact received in 24 hours the Sentinel Posse will need to go on standby to rescue him from the clutches of those Jockophobic, Brexiteer sassenachs. All hands to the pump. That includes you, MiT. None of this using distance as an excuse. Any horse worth its salt will carry you here via Alaska and the wilds of Russia within 6.5 hours, with the right vitamins in its diet, and Stephen Wiles as its devoted trainer. Wrap up well, though.
JummynotPaul – it’s a ruse I tell you. No accident. Mahe is clearly using some kind of Amazon Alexa Crystal Ball to ensure new articles supersede every last post.
Ryan Kent in thinly-veiled Liverpool dig as Rangers target makes new social media move
The 22-year-old is clearly far from happy with his current situation and took to Instagram to share his views.
SHARE
By Mark McDougall
16:18, 12 AUG 2019UPDATED16:51, 12 AUG 2019
SPORT
Ryan Kent has expressed his unhappiness at Liverpool’s treatment of him with a thinly-veiled pop at his club on social media.
The 22-year-old has been targeted by Rangers for a return to Glasgow all summer after a successful loan spell that saw him then be bombed out at Anfield.
But Liverpool only want to sell him which rules Steven Gerrard’s out with the European champions wanting as much as £12million for the winger.
A move to Leeds also fell through because the Championship outfit were unwilling to spend more than £5m on him after Kent turned up for negotiations with his new age advisor.
He lined up for Liverpool U23s against Tottenham on Saturday in front of less than 200 people and it’s clear he is nowhere near the first team under Jurgen Klopp.
And now he has taken a dig at the club with a post suggesting he feels Liverpool are stopping him from moving forward, and are taking a hit by demanding too much money for him in a transfer fee.
He posted a protestant Bible passage from St Peter which reads: “And through covetousness shall they with fiend words make merchandise of you: whose judgement now of a long time lingered not, and their damnation slumbereth not.”
In a more modern language that translates to: “In their greed teachers will exploit you with fabricated stories. Their condemnation has long been hanging over them, and their destruction has not been sleeping.”
It isn’t the first time Kent has taken to Instagram to suggest he is unhappy with his current predicament.
He’s posted images from hit TV show Prison Break, and also uploaded an image of Prince with the word ‘slave’ written on his face.
The former Freiburg and Bristol City loanee then unfollowed Liverpool and deleted all images of him playing for the club from his Instagram.
The only pictures remaining includes one of him scoring for Rangers against Celtic in the 2-1 defeat at Parkhead in March.
ATHINGOFBEAUTY
The hootenannies and similar events since,like Dublin 2016 and Lisbon 2017,have been a roaring success in general,but in one particular-and unanticipated-way. That people who REALLY didn’t get on with each other on CQN-as we all were at the time-hit it off in person. Mainly because we all realised that we were pretty much wanting the same result,just arguing about which path to take.
I could give you chapter and verse on certain posters meeting up and being pleasantly surprised at how the meeting and conversation went,as you know. And I never cease to be surprised by it,btw. But for me,my own personal experience with ELDIEGOBHOY was the one. And you met him a few times too-prior to me meeting him and like,wow-you would have been looking forward to sitting at a table with him as much as you would drive a four inch nail through your foot.
That wasn’t a case of misjudging someone-ELDIEGOBHOY and I never agreed on much,ever. But you don’t have to agree with someone’s opinions to think the world of them. And that,really,can only happen when you meet with them in person.
Awe Naw,
” ‘ Lastly, if the company has nothing to do with its money, it should give it back to the investors. This could be in the form of a bumper dividend offer. On the other hand, it could also be in the form of a share buyback. ‘ ”
So is this the plan? A bumper payout for major investors? ?
AWENAW
You’ve clearly used your sabbatical from the blogs to brush up on the subtleties of AWENAWing. It’s getting to the stage where I can hardly see the join.
I’m not sure whether this is because you are approaching Sensai levels of satire and parody,or whether your subject material is actually beyond both.
Please enlighten us,Master.
BMCUWP
I think this might answer your question
Steven Gerrard
So if you’re quitting Liverpool, what’ll you do?
Ryan Kent
That’s what I’ve been sitting here contemplating. First, I’m gonna deliver this case to Jürgen Klopp. Then, basically, I’m gonna walk the earth.
Steven Gerrard
What do you mean, walk the earth?
Ryan Kent
You know, like Nacho Novo in the Soothside … Just walk from town to town, meet people, get in adventures.
Steven Gerrard
How long do you intend to walk the earth?
Ryan Kent
Until God puts me where he want me to be.
Steven Gerrard
What if he never does?
Ryan Kent
If it takes forever, I’ll wait forever.
Steven Gerrard
So you decided to be a bum?
Ryan Kent
I’ll just be Ryan, gaffer – no more, no less.
Steven Gerrard
No Ryan, you’re gonna be like those pieces of shit out there who beg for change. They walk around like a bunch of fuckin’ zombies, they sleep in garbage bins, they eat what I throw away, and dogs piss on ’em. They got a word for ’em, they’re called Level 5 employees. And without a job, residence, or legal tender, that’s what you’re gonna be – a fuckin’ Level 5 gopher
Ryan Kent
Look gaffer, this is just where me and you differ –
Steven Gerrard
– what has happened is peculiar – no doubt about it – but the nine will not happen.
Ryan Kent
I´m no longer concerned about football, Gaffer.
Steven Gerrard
Stop fuckin’ talkin’ like that!
Ryan Kent
If you find my answers frightening, Gaffer, you should cease askin’ scary questions.
Awe Naw
Hahaha ?? Brilliant
Garry
I don’t know anything about the right back but I would be delighted with the left back from Rosenberg. Every time I’ve seen him – and that’s been a lot- I’ve rated him. Bolingoli will need time, I’m not writing him off yet but he gets me worried. If the right back is of good quality and we get a decent def mid I think I’ll settle for that this window.
In saying that if Bayo doesn’t get a run out on Saturday then we’ll need another centre forward because if he can’t play in a game like that then when will he.
As for the hoarding of money, I cannot understand it unless we are planning recompense for the Celtic boys club victims. In that case there’s very good reason.
ATOB-That was something I had thought of,but just didn’t want to say it out loud
ATOB
I remember Meling scoring for Rosenberg when they beat us 1-0 at Celtic Park last summer. He stood out a mile, and very similar to KT in playing style. Good in defence, and quick and dynamic in attack. Robert Gumny is very highly rated Polish right back Under 21 internationalist. Still only 21 but valued at £6m by Lech Poznan and about to step up to the Polish full team. I think Norwegian and Polish players settle well in Scotland, and would like us to sign both. Gumny in particular has interest from German and Italian teams. Those two and Victor Wanyama on loan would please me. God only knows why we are hoarding the dosh.
AweNaw-BobbyM-Garry
I read that piece before but it still doesn’t make any sense, unless………..the board have decided that Brexit will or may have major consequences and cash will be the saviour, I could see their reasons for doing this, but, always the but, considering we will probably be the only club in the land, UK land that is and will probably be the only club with a cash + bank balance, what good is it going to do us, the rest will just go bust and start again if needs be?
Converting your cash into assets is the prudent way to do things.
I can’t see them admitting liability re the abuse stuff, they have made their stance clear, the only people who keep it in the media are the huns and their hangers on, I imagine that they are hoping it will go away in time, I can see them thinking that an admission will be the worst thing they could do.
TET,
I don´t see any compensation being offered
https://www.irishtimes.com/news/social-affairs/nhs-pays-compensation-to-families-of-19-adults-abused-at-bristol-care-centre-1.1616156
BMCUWP
“ …. you don’t have to agree with someone’s opinions to think the world of them. And that,really,can only happen when you meet with them in person.”
We both know that is not true, and I can prove it….you have never met me, and yet you think the world of me!??
Awe naw,
Busy at work and missed your comment about debate becoming personal abuse. I will be disappointed if you are referring to me. I was staring my viewpoint. If anyone felt that was personal abuse they have got me wrong.
The exiled tim 1148
I have no idea the clubs thoughts on this terrible crime and their knowledge and therefore subsequent liability. I can only speak my opinion and that is, I would expect my club to do the right thing morally, not just legally. We have seen various clubs south of the border, Chelsea just last week, be in a similar position and immediately put into place compensation plans. We are shirking our responsibility here and we shouldn’t. I cannot speak for other supporters, only myself but I feel until we face this, accept it and deal with it we are hiding.
Interesting article posted by Awe Naw regarding changes in banking practices… lots to consider. Thanks for posting that.
I will be honest and say that I shared the same concern as ATOB… that there may not be insurance coverage for historic abuse claims, so wer stockpiling cash for that, if necessary. I’m not saying that is the case, but it had crossed my mind.
ATOB,
I wasn´t referring to you.
Please read my link about DD´s care homes and how abuse allegations were handled. If having read it you still think that we will offer cash compensation to the victims I´d love to know your thinking.
ATHINGOFBEAUTY
We have a huge problem with the child abuse scandal. Ours is not,probably,worse than that in other clubs. Our problem is not the extent,it is that we allowed an abuser back in.
The huns have their litany of abuse to our great manager,that Big Jock Knew. Actually,it is clear that he did-or had reason to strongly suspect-and that is why he kicked Torbett out of the club,with the total agreement of Bob Kelly. There wasn’t enough evidence at the time-different times-for things to be taken any further,but the decision was made.
Celtic Boys Club have no affiliation officially to the club,and although we have signed many players from it in the past,there are plenty who have played there without getting the call. Yet still got their international recognition elsewhere.
We would have been in the clear-asterisk-but for two things in the mid-80s. Torbett was invited back into the fold and Celtic published an article in the Celtic View which cleared him of any suspicion.
IMO,those behind the actions in the last paragraph are the people to blame,not the club. They should hang their heads in shame.
* who the fuck let him back in?!!!
Awe Naw
I knew that about DD’s policy and I’m sure it will be the same at Celtic, never admit to anything, it’s the way it is I’m afraid, hun like so it is.
HH
ATOB
We are not ruthless capitalists, unlike us they don’t give a shit about morality, they only care about money and feck the consequences.
HH
MIKEINTORONTO
Well,that’s true. I’ll probably think the galaxy of you when we meet up. Or mibbe a Milky Way.
Awe Naw 1.53
That is absolutely disgusting. Some of the richest people putting their company into administration possibly in order to avoid responsibility for what happened is devious but also saddening. DD May think he can get away with avoiding responsibility as regards Celtic also and if he can he will. What my thoughts on it and those of others are will not matter a jot. What is morally right will matter even less.
Apologies for thinking you were referring to me earlier and also for not reading the article. I’m at work and really should be doing blogging or working – not both!!
ATHINGOFBEAUTY
Blogging? Working?
I’m surprised you can do either!
I’ll bet you’re 95%+ focused on tonight’s game,and on my wee niece having a Euro night to remember.
I’ve got a cracking t-shirt and badge from the Las Vegas convention for her. Wee surprise,so don’t tell her.
God Bless your soul Nora Quoirin.
Rest in Peace young lady.
So sad.
ATOB
Apologies for thinking you were referring to me earlier and also for not reading the article. I’m at work and really should be doing blogging or working – not both!!
The story of my life. LOL
I think we will squeeze through tonight. 1.0 to the good guys.
Ryan Crispy of course
Work,,,curse of the drinking class.
I still pinch myself I no longer do it having woke up and done it for what seems like every hour of my life.
We will blow them away tonight. Slavia will go down in flames also .
Death or Glory.
The definitive version,and I bet even GARRY hasn’t seen this video before.
From the finest album of the Seventies,and the finest album of the Eighties. It was released in Dec1979,so crossed the divide,and might even have defined it.
https://m.youtube.com/watch?v=YcOpZhQ7MEM
Glad to hear Darren O Dea getting a youth coaching job with Tic. A gentleman and a scholar
Awe Naw
Glad to hear Darren O Dea getting a youth coaching job with Tic. A gentleman and a scholar
=======
Agree, a bhoy who came through the academy after being signed as a teenager. Hard as nails and never afraid to tell it like it is about Sevco. Darren on radio / TV saying they, Sevco, should be stripped of the tainted titles and medals. Strange his media career never took off in Scotland. Now I wonder why?
I agree on Darren, a very decent addition to the staff IMO, if only for his passion 😉
BMCUW
You are correct, that is the first time I have ever seen that video of Death or Glory track.
A good trivia question about London Calling.
What was the hidden track on the London Calling album, that was not listed on the sleeve?