Bobbybhoy12 Feb 2013 07:14
Well Bob, there goes that £7million debt you have been on about. But NO! we are still in debt to the tune of £130,000.
Do you think the company can sustain such high levels.
Tonights game will see nearly 60,000 spectators paying an average of £40 per head(being conservative) brining in over £2.4million, add to that merchandise, hospitality,TV rights,Champions League cut etc etc and you can see how the Champions League is a cash cow.
Celtic PLC have announced that in the interim figures, they have still to factor in the Champions League money which will be included in the final accounts.
Begining to make that £22million share issue on the south of Glasgow look like chicken feed.
This share is a banker over the next 2-3 year. DYOR.
Hail Hail The Celts are here