not sure about the 65% debt thingy, can someone explain as i thought all club debts had been cleared, is this loans taken out against the club.

cpc4eva wrote:so let me get this straight .....
the club is worth a billion dollars and we turn over 269 million through the coffers each year yet we only bag 60million in profit.....
is that the case ??
god damn we need a 110,000 stadium![]()
puroresu wrote:if celtic were in the prem they would be top 5. top 20 with no tv money.
dawson99 wrote:puroresu wrote:if celtic were in the prem they would be top 5. top 20 with no tv money.
and probably be in the championship within the year with any luck![]()
also, theyd destroy all scottish football, so lets not hope that happens eh?
Igor Zidane wrote:cpc4eva wrote:so let me get this straight .....
the club is worth a billion dollars and we turn over 269 million through the coffers each year yet we only bag 60million in profit.....
is that the case ??
god damn we need a 110,000 stadium![]()
That £60 million opertating profit will go to pay off intrest paymants on the loans the yanks have taken out , we don't need a 110,000 seater stadium ,we need to get rid of the owners , end of.
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