Absolutely fascinating stuff. I could listen to David Low all day. Excellent chat. The episode where he details the takeover, and how Fergus got involved, is absolutely brilliant too. Well done guys.
A lot of fascinating stuff here. Once again another great interview with David Low, I really enjoy hearing David speak about our club, he is very knowledgable and also a real good Celtic fan. Well done again !
I know David doesn't want an active part in fan representation but for me we need him or someone on his knowledgeable level,I love your podcast and especially when you've had him on,keep up the great work lads 👍💪💚🤍💛
Awesome podcast guys really enlightening a definitive story of Celtic FC who with eyes like David's on the club you can only feel there are great people keeping the club on course in the background!! Will be sharing it around the place see if we can't track down those shares! 💚
My memory was the original basic share buy in was £640 for ten shares. The dividend today in 2024 for the original 10 shares was £18. Fergus asked us, the ordinary punters, to buy shares. And we bought in.
Be MOST Interested in this Embryonic Celtic Shareholders’ Association. I Used to be Involved in The Celtic Trust, but Lost Touch When I Moved Back to England for Work. Fabulous Interview. I Remember David from ‘The Wee Bunnet’ Days...And I LOVED and LOVE Fergus McCann...A GREAT Man with Vision, who Would NOT Be Distracted from The Plan. God Bless The Celtic. God Bless The Diaspora.
Fantastic interview and when the sun is shining mend the roof, all Celtic fans need to dig out their share certificates from generations and mobilise over the next 3 years. Otherwise we won't have a formal say against the likes of Lawell
Brilliant podcast, just want too add two valuable points, the ever increasing waiting list , that’s mentioned stands at 28, 000 , how does our club plan to address this huge increase and potential revenue to the club , and a ticket exchange scheme been drawn up by the club to keep our stadium full playing smaller teams , 🍀
Two good points Stevie. I know the fan survey is still live til Friday of this week, and a good place to put forward these kind of points. HOWEVER, whether we'll see the club take any action on the back of it is a different question!
This mindset of wanting a strong rangers needs binned. & that type of thinking needs to be obsolete our sparring partners should be in Europe & the recruitment of players should reflect that ambition… David low with respect (Geez peace)
@@Swindel67 Not if, they did have that chance and they killed themselves trying to kill us. We don't have that risk because we actually have the money to bury them and don't have to get dodgy bank loans and avoid paying tax.
Whatever way you want to frame it @Kevie our competition at domestic level needs to be better (Rangers or otherwise). It's nearly impossible to raise levels so dramatically for European games when required when the standard at home is so limited (at times)
Don’t wanna sound patronising but you’re really stepping up to the mark with all this interesting behind the scenes look at the club, while there’s no football / transfers to talk about Keep up the good work 👏🏻👏🏻👏🏻
Great interview with David Low Tino, first class, wouldn't expect nothing else from The Celtic Exchange Podcast if being honest, setting the standards ⭐⭐⭐⭐⭐
At last a podcast is covering a very potential happening. A guy on the etims podcast has been saying this for quite a while now. He's a businessman and in his analagy, ' they're fattening up the pig to take it to market ' . The longer and longer this lack of expenditure goes on I'm and celtic fans should be genuinely worried now . He also says that when a billionaire says he's not doing something, ie , never sell the club means he's doing the opposite. This guy ,if anyone listens to the etims goes under the pseudonym, monty burns and is a very intelligent, thoughtful man. Great show as always guys
@nicneam not my views mate. I'm echoing the view of a guy who's high up in the business world , plus I think you'll find and this is fact BTW If the board break the 100 million plus mark they're all on ,PRP bonuses. That's not paranoia. These people will sell us down the river at the drop of a very large hat david low said it as much. We are now a very attractive proposition. Get real here.
Why should celtic fans be worried about new owners coming in? After all, we have been shouting for new owners for at least a decade now. There is potential that it could go wrong of course, but there is potential that anything could go wrong in life.
Cheers for the comments @martin - I think one of David's main points is that despite the Desmonds stating they will "never" sell, many club owners and business types have made such claims before changing their minds when the big offer comes in
Sorry but the utter guff of wanting a strong them to make us better in Europe is the poison in our clubs thinking just now & needs ripped out. We would be better if we bought quality not constant projects that's a fact. As for them we should never have them in our thought process we should have our foot on their throat & never take it off cause u could bet your life they would obliterate us given the chance. We are THE big club so act like it the rest can either catch up or that's just tough.
@@TheCelticExchange I get that would be great but that those clubs problems we shouldn't stand still waiting on them hoping they get better when we could make ourselves better by buying a better standard of player. What level of competition is acceptable that they're good enough to always finish second cause you'll be hard pushed to find a tim celebrating them winning a title cause it's good for competition.
Hi Tino I spoke to you and David wen yous were going to record this interview. A lot of good information we'll explained and again an other great interview Tino bud 👍 keep up the great work 👍
Hi John, great to hear from you and good to meet you last week too 🍀 Glad you enjoyed the episode, if you'd hung around a bit longer you could have been in it 😂
Thank you Tino once again for a very thought provoking discussion on Celtic fc. David is a very knowledgeable on the topic, a wealth of info and most importantly a Celtic man. The investment in attracting quality players and maintaining a standard that can compete in Europe must be the clubs focus into the future with such a weak domestic league. A strong Rangers, Hearts, Hibs, Aberdeen, Dundee and Dundee Utd no doubt is preferable like the 60s and early 70s. Iron sharpens iron!
@12 mins … I disagree with David when he says the financial gap is unhealthy. When the old club died .. our focus should have been entirely on European football … consistently in the last 32 or 16 … that’s were the real money is and looking to the future of a change in European formats . A last 32 /16 European standard of team would walk the SPL every year . Sure the dark side would absolutely hate that , and the competitive nature of Scottish football would be frowned upon , but it is now .. a two horse race and ridiculed . We need to learn to survive in the bigger waters of a new European competition. HH
It's only unhealthy because we make it that way. The failure in Europe is a fallacy, rangers made the Europa league final a couple of seasons ago (and failed to win the league that season as well). It's an issue because the club doesn't do many things properly. Our training facilities and youth set up are amateur level considering the money available. A club with £70million in the bank playing in northern europe and we don't have a single full size indoor pitch, that's embarrassing. I wonder if the financial gap was highlighted as much when rangers were in bed with the banks and avoiding paying tax and hoovering up trophies and champions league cash? Sorry if it seems like I'm having a go at you btw, I'm not. I'm having a go at the idea floated in this interview that we can't do anything in Europe because we have less competition in domestic football. Us celtic fans have spent so many years listening to excuses that we have started to swallow some of them, they aren't true. We have failed in Europe for many reasons, but the main one is down to our approach as a club. Europe is a bonus for the plc, and until that changes we'll continue to fail.
@@TheCelticExchange To be honest , I didn’t watch the full video , but stopped to make my initial comment and didn’t continue.. First thing , EVERYONE at Celtic , from the very top down , should stop the continuation myth ( including bloggers ) … I believe Lawwell pandered with it at the very beginning , when their death was initially being reported as such , something about being able to stand alone ; but was coerced in some way to follow the narrative , most likely financial ( to his own loss perhaps ) Celtic TV calling them R&ng£rs ??? If anyone from Celtic TV read this …. WTF ? Denial Anger Bargaining Depression are the first four of five stages of loss . Scottish football is still going through this .. and will continue to until it comes to terms and reaches Acceptance. Rangers Died . You yourself pander in the continuation myth by referring to the dead club as if they still exist . It was pandering to them for the vast majority of their existence that culminated in their destruction… a livid hateful spiteful loathsome group of people who followed an institutionalised football club as a national monument along with their OO and protestantism … poking its ugly head out from dark secret veil of freemasonary ; we supported a team with a cause .. they supported a cause with a team … it’s their cause that persists , so through this , their team can too .. ( you can use this ..) That’s the first . Once organised and the Acceptance kicks in , for the whole of the UK .. only then can we move on . We know the EPL does not survive with seat sales , it’s the TV money , it’s the attendance that creates the look for TV , and TV professionals that then convey the Harlem Globetrotters atmosphere. It’s theatre and it works . At Parkhead under the lights , we used to better them at their own game … we still can . I’m not fully conversant with all the rules of football finance , but very few commentators on you tube probably are . If Celtic are in the last 32/16 regularly, our draw to the talent pool would be greater .. more Jota’s and O’Reilly’s willing to play here , maximizing even greater revenue in a sport that’s moving towards a more global audience .. I think we might have a few years to get this right , or we’ll be stuck in an impoverished Masonic quagmire for quite some It’s up to the other clubs and the SFA , ( I won’t even start on why we SPFL and a SFA , so much money being lost as against re investment in winter football , Sweden / Norway . How much does it cost for them on multiple first class foreign trips , when our referees are deemed not good enough , money that should be renivested in youth ) to raise their game to our level , not for us to drop our standards to a country who browbeatenly accept a continuation myth ad infinitum . Use an education environment as an analogy.. dumb down the smarter ones to keep up to the standards of the less blessed ? We’d have the dumbest nation on the planet if we allowed this to happen. It’s one reason we are falling far behind to “ lesser “ considered football nations . Attendances without a rival (for how long?) … with the extra millions coming in , lower the seating prices .. give them away to deserving charitable organisations to fill stands ; with ticket pricing at different grounds , who’s to stop this ? Have more “ family events “ on match day ….I really don’t know the in and outs of pricing laws/ regulations, but I’m sure there are clever people who do . There is much more .. but my short comment and reply has grown legs .
@@TheCelticExchange To be honest , I didn’t watch the full video , but stopped to make my initial comment and didn’t continue.. First thing , EVERYONE at Celtic , from the very top down , should stop the continuation myth ( including bloggers ) … I believe Lawwell pandered with it at the very beginning , when their death was initially being reported as such , something about being able to stand alone ; but was coerced in some way to follow the narrative , most likely financial ( to his own loss perhaps ) Celtic TV calling them R&ng£rs ??? If anyone from Celtic TV read this …. WTF ? Denial Anger Bargaining Depression are the first four of five stages of loss . Scottish football is still going through this .. and will continue to until it comes to terms and reaches Acceptance. Rangers Died . You yourself pander in the continuation myth by referring to the dead club as if they still exist . It was pandering to them for the vast majority of their existence that culminated in their destruction… a livid hateful spiteful loathsome group of people who followed an institutionalised football club as a national monument along with their OO and protestantism … poking its ugly head out from dark secret veil of freemasonary ; we supported a team with a cause .. they supported a cause with a team … it’s their cause that persists , so through this , their team can too .. ( you can use this ..) That’s the first . Once organised and the Acceptance kicks in , for the whole of the UK .. only then can we move on . We know the EPL does not survive with seat sales , it’s the TV money , it’s the attendance that creates the look for TV , and TV professionals that then convey the Harlem Globetrotters atmosphere. It’s theatre and it works . At Parkhead under the lights , we used to better them at their own game … we still can . I’m not fully conversant with all the rules of football finance , but very few commentators on you tube probably are . If Celtic are in the last 32/16 regularly, our draw to the talent pool would be greater .. more Jota’s and O’Reilly’s willing to play here , maximizing even greater revenue in a sport that’s moving towards a more global audience .. I think we might have a few years to get this right , or we’ll be stuck in an impoverished Masonic quagmire for quite some It’s up to the other clubs and the SFA , ( I won’t even start on why we SPFL and a SFA , so much money being lost as against re investment in winter football , Sweden / Norway . How much does it cost for them on multiple first class foreign trips , when our referees are deemed not good enough , money that should be renivested in youth ) to raise their game to our level , not for us to drop our standards to a country who browbeatenly accept a continuation myth ad infinitum . Use an education environment as an analogy.. dumb down the smarter ones to keep up to the standards of the less blessed ? We’d have the dumbest nation on the planet if we allowed this to happen. It’s one reason we are falling far behind to “ lesser “ considered football nations . Attendances without a rival (for how long?) … with the extra millions coming in , lower the seating prices .. give them away to deserving charitable organisations to fill stands ; with ticket pricing at different grounds , who’s to stop this ? Have more “ family events “ on match day ….I really don’t know the in and outs of pricing laws/ regulations, but I’m sure there are clever people who do . There is much more .. but my short comment and reply has grown legs .
The problem with the cash is FFP. New FFP rules dictate we can only spend 70% of revenue on player acquisition, player wages and agent fees. A point of note - the manager's salary is pegged under 'staff costs' so not of FFP concern and that is why we can pay Rodgers £60-70k a week. But the cash is useless for buying players. We must remain within FFP and the board plan so stringently for 5 years time and 70% of revenue being GUARANTEED to cover player costs and wages that they are hampering instead of supporting the team.
Really insightful podcast and someone who works in finance, David has hit the nail on the head on a lot of key points, in regards to ownership and future strategy/competition risk. Great interview all round ☘️
Great and very informative show Tino.I have ordinary shares but i suspect that they fall into the lost category as i have been living in the philippines for the last 13 years with my family and will remain here until the good lord decides the games' a bogie. I will need to try and re connect those shares.Hail Hail
Hey Tino hope yer good, 👍🏻 first class show with Excellent Content, I find David low a fascinating fella I like listening to him, well done Tino your a Star in the making 👍🏻🍀☘️HH
Cheers Mick, doing well thanks, hope you are too. Yeh David's always got something interesting to say when it comes go the financial/business side of the club 🍀 Cheers for the kind comment 👍
T I n o second time I’ve watched this interview the 2of you were brill ,I’ve sent it on to a few friends I hope u don’t mind ,,.hh. Joe little. Ireland 🇨🇮🇨🇮🇨🇮🇮🇪🇮🇪🇮🇪🙏🙏🙏💰💰💰🏆🏆👍😎
I do agree that the reason Celtic are not preforming that well in Europe is because of the Scottish premiership not being competitive enough. I absolutely do not like Rangers at all and I love Celtic so much, but I do think that the key to Celtic actually being better in Europe is to have a more competitive league. Take the Serie A for example since I am a Como and Italian football fan, Italian clubs only started to do well in Europe in recent years because the level of competition became higher. It’s not just Juventus collecting league titles for fun you have Milan, Inter, Napoli, Roma and now even Atalanta giving you a hard time. All the best to Celtic 💚
Does the board earn bonuses based on annual profit? If yes, then clearly the less they spend, the bigger the profit and so the bigger the bonus payments. Does that explain why we don't buy more expensive players despite the possible or probable added quality and success? Just wondering!
Great to listen to intelligence :- most of these podcasts for sport are not :- feels like a Ted talk - learned much as have been nagging many family members importance of a will 👌
Loved your interview mate if you can please keep them coming David great speaker he's right about them across the city we need compation so we can bring good players to our team where's your fucking David Murray now
The 2angers performance levels in Europe over the past 5 years or so has eclipsed our own and that’s despite them being a poor second in an average league. We’ve ran out of excuses I’m afraid when a Club like theirs is being run in the manner it has has then managed to reach a major European Final losing it in a penalty shootout. We’ve got absolutely nowhere near that level in 10 years in Europe. It has got far more to do with the tactical approach at Celtic than the financial approach because the fact of the matter is we’ve been purchasing far better quality level players and had far more financial backing than them in the same period of time. They have also came from a start point of zero back in 2012. Celtic reached the last 16 of the Champions League by securing a record total of points in our respective Group at this time. Sorry guys but whilst we have been run financially well since that event transpired our appointments at Managerial level have not helped with our aspirations in Europe. The ironic thing is Neil Lennon despite his own personal issues off the field ( a back drop of threats,assaults and severe abuse) has taken Celtic further than those who followed him. He was a rookie Manager on top. Deila,Rodgers and Postecoglou are and were all one trick ponies in a tactical sense setting up with the same system week in week out,home and away Domestically and in Europe. Thus making the opposing Mangers teams selection so much easier in the process. Unless Brendan Rodgers changes his own approach to the European challenge then I’m sorry but I don’t see how we can hope to improve on our ever worsening record in the Champions League. You cannot hope to turn up with the same tactics away to Real Madrid than you do away to Motherwell or St.Mirren. That’s naivety in the extreme. Two Managers in Strachan and Lennon set up their team depending on the oppositions supposed weakness and our supposed strength. The results don’t lie in this regard. On the player trading model that David obviously thinks is a positive in terms of Finances (which it has been on the evidence ) this trading policy has also resulted in several negatives : Since it kicked in in the Summer of 2013 our performances in Europe over the past decade have declined noticeably since the previous decade in Europe. The Youth Development side that has produced the likes of McGeady ,Tierney ,Forrest and McGregor is now in such a state we are seeing quality young players leaving in their droves seeking first team chances elsewhere as the pathway to our own first team has a qeue of imported potential players in front of them who the Club have actively scouted with a view to developing them for the purpose of resale and profit. At what point is a balance going to reached where we don’t simply go out and scout a 20 something but rather blood our own at a younger age and persevere with them with a view to keeping them for the long term benefit of the side rather than the short term gains of the Investors? Dembele,Doak,Okoflex,Vata and now Kelly all looking elsewhere for their long term futures rather than the Hoops of Celtic. I personally believe that money has made our Club blind and that the vision that the likes of McCann had in 94’ is now long gone. Unsurprisingly I say as the man himself left Celtic after 5 years with a massive profit leaving Supporters with little or no control of the direction Celtic has since taken. I asked the question over 10 years ago that if Fergus had lifted half the profit he did from Celtic (still a massive gain btw) and left the wider fanbase more control in terms of shares would be be in the situation we are in at present? Since the arrival of Peter Lawwell at the Club we have seen a a concerted move to make Celtic a Debt Free money making venture with massive levels of Capital sat in the Bank. This despite a Global Recessionnin 2008 , a Global Pandemic in 2019 which seen football famously live out the quote by Mr Stein. Celtic have continued to make massive profit and operate without a Serviceable Debt which most Clubs operate within as it happens. It seem to me the Boards priority is to placate the Investors interest first and foremost and to do as little as possible to placate the average Supporter who wants to see Celtic go into Europe swinging and punching above our own weight. The further we get into this the wider the gap becomes between Board aspirations and Supporters aspirations. On the Kings of the Castle quote by David well we’ve been (through no fault of our own) a successful horse in a one horse race over the past 12 years or as Kevin Bridges put it Showjumping/ Dressage . Meanwhile in Europe the pock eyed pit pony that was Sevco Scotland shows us up in Europe. I think that the 50+1 Fan Control Model in Germany would suit our Club down to a T . The Support should unite and propose to Desmond that he should be the one who sets this up if possible possibly even underwriting it so it remains in safe hands should it all go Pete Tong. This way I believe we would safeguard the Club whilst simultaneously bringing the Support and Board Aspirations closer together in terms of Europe the actual bench mark for Celtic.
Tbh not my kinda cup of tea tino , shares, takeovers, buying selling etc etc I like my football on the park that’s what I understand, I appreciate the modern aspect of it but way above my pay grade just my opinion.
No worries @ccw and this side of things isn't for everybody. Some really interesting stuff from David which lots of folks enjoy, but understand that its not for all 👍
we objectively arent good at player trading, were not even in the top 100 clubs in Europe for profit on player trading, and that doesnt include all the top clubs who dont try to make a profit because they have massive income from other avenues the reason we have a stockpile of cash is that the fans donate about 50m every season, we get champions league money while paying conference level wages, and we about break even on player trading so nothing is spent net, its basically a fan charity collection agency our player trading sees us with a squad that is 80% garbage and were about to lose a player who carried us last season, when we were clear 2nd favourites at one stage to a rival with no money the only thing theyre good at is pissing on us and telling us its raining, theyre hopeless at anything related to football
Some decent points but don't think its accurate to say we aren't good at player trading. O'Riley cost us £1.5M and will likely go for around £25M. You can also look at recent examples like Jota, Abada, Dembele, Ajer, Edouard, Frimpong, Van Dijk, Forster and others for where we're made massive profit on outlay. The challenge is for us to then see that reflected in how we re-invest in the first team squad, and that's the bit I don't think we're getting right.,
@@TheCelticExchange We have a handful of excellent buys, but when you look at the overall picture, their sales are drowned out by the great mass of trash, the mountains of 1-3m failures add up, the numbers dont lie, our overall profit on player trading over many years is not impressive, clubs who are good at it have 100s of millions profit, we generally spend what we bring in for a net break even, and 9 times out of 10 we weaken the squad in the process, the Dom McKay/Ange window being the rare exception.
Lets be honest the guy mentions trophies we have won since Fergus McCann days BUT he doesnt mention the facts that their were no competition at all THIS as Rangers had no part to play being a big part of them years were not there playing as they were within the lowest of low league in Scotland THIS until they worked their way back up into Spl . Although they did not then have moneys to compete ..he doesnt mention we have had and still have the greediest boards have had way back ..and still have today the tightest board in the history of football which is facts Celtic fc should be competing in Europe not ending bottom of the pile each time ..and not losing by 6/0 as they did v Athletico Madrid or any other side in which was an embarassment for Celtic fc and the fans and Scotland And even Rangers in their past yrs have done much better in Europe than we have is also facts . Seems this board do not care about Europe and thats where Celtic's fans 99% of them want to see the team do best within not just this winning the easy title yr after yr Spl although its important to win for to get into the big European league ( The Champs league ) its important for riches received for getting there aye , and its a good job we didnt need to qualify this year as we would have failed i reckon again because simply put the team today as i type lack quality and with quality you normally spend much more millions in which Celtic fc today have in abundance ( Put it this way the guy talks around £70m sure but he doesnt mention that Celtic fc have at least £160 m within .. And facts are their tightness leaves no bounds . especially them Desmond guys no time for them at all parasites i call them people . If Rangers had the riches Celtic have now that we have had last 10 yrs then they would have won 10 in a row possibly as would have secured the services GUARANTEED of better quality players with some 10m / 12m signings in there . Celtic fc club keep bringing in cheap signings and later yr after yr or so down line they try to sell them all off and struggle if they brought in a couple of £10m signings for instance , then would be a better calibre of players needed to aid them to reach bit higher in Europe and get through groups for a change , when was the last time we got through groups around near 20 yrs ago ..then thats a disgrace and we like to call ourselves s Celtic fc as a big club ..if a big club then would up the ante and > A line from Dom Mackay we want to make Celtic a team to be feared in Europe again , a team others shall know they shall be in for a tough time ..I say here we lost a guy with his vision for the team and club as a whole as his vision in time to get team better each yr .. And as i type its all good winning Spl titles and making Europe but when we get there we do nothing Whilst Celtic fc club have riches now then why not get in some decent quality signings instead of them 2m / 5m duds in year after year in year NOW 2024/5 ? Way over time to up the anti Celtic fc or stay cocooned bottom of the pile and out of Europe before Christmas And the same has occured with other chances to make progress in the Europa in the past many yrs out quickly before its really began in earnest this past 20 yrs Europe has been diabolical within Europe for Celtic fc sadly AND only because of a tight fisted board why cant they see the team lack quality for Europe as everyone else can . Its way time they got in some decent signings and paid out for them , as its guys like Jota Celtic miss BIGTIME and he was quality so who in the Celtic scouting ranks spotted Jota ? and players in the past like Mjallby , Elliot , Sutton , Larsson , Thompson , Petrov As them are the type scouts Celtic needed yrs gone past > And in need big time today .
We've won just as much since they've been back. It wasn't Celtics fault they were liquidated,we could only play who we had in front of us. That was their loss not ours. We could say the same about their winning streak in the 90s ,spending money they didn't have, to buy better players than Celtic, so they could dominate Scottish football.
Celtic do not Rangers Rangers need Celtic.we need a stronger Hibs Hearts Dundee 's Aberdeen etc....if they could field young talent and be competitive Rangers could sink or swim on their own. Reliance on them is just absolute stupidity
Player trading is something we've done fairly well for some time now. Loads of examples. Hatate and CCV are two decenht examples of guys beyond O'Riley who have decent sell on value.
@barcabhoy7193 aye anno he keeps it all in the tin 😀 ,all fans are just customers. Snobbs hav taken over.,along with Arabs n Americans, an female pundits 🙄 wae the alabet brigade
@barcabhoy7193 the rich getting richer m8, the money it cost to follow yer team, add all the merchandise in ,cost absolute fortune ,getting out of hand especially if u have kids 👍
@@TheCelticExchangeCeltic have only ever been competitive with rangers atleast for the past 30 years and for the past 10 years we've outgrown everyone in Scotland. Surprised there hasn't been a plan to break through the glass ceiling. My heart says once we get the highest trophy count there will be change but my head says the owners are dated.
Tory talk from Low… do what your good at (how does that develop our abilities in Europe? The Gig for our players is to move on he says whilst saying he wants us to be competitive in Europe (not great awareness) in his talking points is he.
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Tremendous interview Tino. I could listen to David all day long. Very interesting guy who can explain the complexity of business in layman’s terms.
100% @ironbhoy David's always an interesting guest. Cheers for watching 🍀
Absolutely fascinating stuff. I could listen to David Low all day. Excellent chat. The episode where he details the takeover, and how Fergus got involved, is absolutely brilliant too. Well done guys.
Thanks @John, cheers for watching 🍀
A lot of fascinating stuff here. Once again another great interview with David Low, I really enjoy hearing David speak about our club, he is very knowledgable and also a real good Celtic fan. Well done again !
Thanks @thetone 🍀
I know David doesn't want an active part in fan representation but for me we need him or someone on his knowledgeable level,I love your podcast and especially when you've had him on,keep up the great work lads 👍💪💚🤍💛
Thanks Kevin 🍀 David knows his stuff when it comes to the business/financial side of the club
Definitely the best Celtic podcast on TH-cam keep it up.
Thanks Ben, appreciate that 🎙🍀
Totally agree. Great guests consistently. A refreshing alternative to some other narcissistic Celtic podcasts out there
@@TheCelticExchangei teckon the exchange is the podcasters podcast. Just quietly excellent and has been from the very first pod.
Agreed 👍🏼 🍀
Awesome podcast guys really enlightening a definitive story of Celtic FC who with eyes like David's on the club you can only feel there are great people keeping the club on course in the background!!
Will be sharing it around the place see if we can't track down those shares! 💚
Thanks Canna. please share far and wide 🍀
Absolutely superb Tino. Could listen to David Low all day. Very clever and thoughtful man.
Thanks Mark! Yes always interesting stuff from david
My memory was the original basic share buy in was £640 for ten shares.
The dividend today in 2024 for the original 10 shares was £18.
Fergus asked us, the ordinary punters, to buy shares.
And we bought in.
Be MOST Interested in this Embryonic Celtic Shareholders’ Association.
I Used to be Involved in The Celtic Trust, but Lost Touch When I Moved Back to England for Work.
Fabulous Interview. I Remember David from ‘The Wee Bunnet’ Days...And I LOVED and LOVE Fergus McCann...A GREAT Man with Vision, who Would NOT Be Distracted from The Plan.
God Bless The Celtic.
God Bless The Diaspora.
Finbar thanks for the comments and thanks for watching 🍀
Thankyou for this interview, I have been looking forward to this for a while.
This is murder to listen to. Now I know why we dont achieve in CL. They do not know us. Pathetic
Cheers @sltd hope you enjoy it 🍀
Superb Pod Tino. Really enjoying the content that you’ve uploaded recently. A superb insight into various aspects of our great club 🍀
John thanks for the comment and thanks for watching 👍🍀
Fantastic interview and when the sun is shining mend the roof, all Celtic fans need to dig out their share certificates from generations and mobilise over the next 3 years. Otherwise we won't have a formal say against the likes of Lawell
Cheers @mytv 🍀
Brilliant podcast, just want too add two valuable points, the ever increasing waiting list , that’s mentioned stands at 28, 000 , how does our club plan to address this huge increase and potential revenue to the club , and a ticket exchange scheme been drawn up by the club to keep our stadium full playing smaller teams , 🍀
28000 , someone living in cloud cuckoo land.
Two good points Stevie. I know the fan survey is still live til Friday of this week, and a good place to put forward these kind of points. HOWEVER, whether we'll see the club take any action on the back of it is a different question!
The stadium would be half empty for domestic home games @@TheCelticExchange
This mindset of wanting a strong rangers needs binned. & that type of thinking needs to be obsolete our sparring partners should be in Europe & the recruitment of players should reflect that ambition… David low with respect (Geez peace)
That is the difference my friend. This attitude is killing us in Europe. They are feckin nuts
It needs binned because the opposite would NEVER happen. If Rangers had the half the opportunity we've had to bury them theyd have taken it and RUN.
@@Swindel67 precisely
@@Swindel67 Not if, they did have that chance and they killed themselves trying to kill us. We don't have that risk because we actually have the money to bury them and don't have to get dodgy bank loans and avoid paying tax.
Whatever way you want to frame it @Kevie our competition at domestic level needs to be better (Rangers or otherwise). It's nearly impossible to raise levels so dramatically for European games when required when the standard at home is so limited (at times)
I found this podcast very interesting. Good interviewing as well - asked the sort of questions the average fan would want to ask an expert like Lowe.
Cheers @denzel, glad you enjoyed it 🍀
Thanks
Brilliant stuff Richard, thanks for the kind contribution, makes a big difference to what we do 🍀
Cheers Tino HH 🍀
So interesting to watch these type of videos and David has a great insight on financial matters whenever you have had him on
100% Anne, when it comes to the business/financial side of Celtic, David's always worth listening to 🍀
Don’t wanna sound patronising but you’re really stepping up to the mark with all this interesting behind the scenes look at the club, while there’s no football / transfers to talk about Keep up the good work 👏🏻👏🏻👏🏻
Thanks @hmcl really appreciate it. Great for us to speak to guests like David and always makes for really interesting episodes.
Great interview with David Low Tino, first class, wouldn't expect nothing else from The Celtic Exchange Podcast if being honest, setting the standards ⭐⭐⭐⭐⭐
Thanks @Paul really appreciate the kind words 🍀
Another interesting, top notch guest Tino. Keep up the great work mate
Cheers @eamonn David's a great guest 🍀
At last a podcast is covering a very potential happening. A guy on the etims podcast has been saying this for quite a while now. He's a businessman and in his analagy, ' they're fattening up the pig to take it to market ' . The longer and longer this lack of expenditure goes on I'm and celtic fans should be genuinely worried now . He also says that when a billionaire says he's not doing something, ie , never sell the club means he's doing the opposite. This guy ,if anyone listens to the etims goes under the pseudonym, monty burns and is a very intelligent, thoughtful man. Great show as always guys
@@martinlinton895 if you look for something wrong you'll find it.
Your comment is pure paranoia.
@nicneam not my views mate. I'm echoing the view of a guy who's high up in the business world , plus I think you'll find and this is fact BTW If the board break the 100 million plus mark they're all on ,PRP bonuses. That's not paranoia. These people will sell us down the river at the drop of a very large hat david low said it as much. We are now a very attractive proposition. Get real here.
Why should celtic fans be worried about new owners coming in? After all, we have been shouting for new owners for at least a decade now.
There is potential that it could go wrong of course, but there is potential that anything could go wrong in life.
Cheers for the comments @martin - I think one of David's main points is that despite the Desmonds stating they will "never" sell, many club owners and business types have made such claims before changing their minds when the big offer comes in
Another great insight tino the message does need to get out about the supporters shares
100% Aidan. Important for fans to reconnect with untraced shares 🍀
Great interview Tino! Really enjoyed listening to David 🍀
Thanks @brian, David's always a good listen 🍀
Great insight from David. Mature thoughts.
Thanks for watching @bradley 🍀
Really interesting content, Tino. Well done.
Cheers for watching 🍀
Brilliant interview
Thanks @Pat 🍀
Sorry but the utter guff of wanting a strong them to make us better in Europe is the poison in our clubs thinking just now & needs ripped out. We would be better if we bought quality not constant projects that's a fact. As for them we should never have them in our thought process we should have our foot on their throat & never take it off cause u could bet your life they would obliterate us given the chance. We are THE big club so act like it the rest can either catch up or that's just tough.
Think the overarching point @jimmy is that we do need some sort of genuine competition at domestic level - from Rangers or otherwise
@@TheCelticExchange I get that would be great but that those clubs problems we shouldn't stand still waiting on them hoping they get better when we could make ourselves better by buying a better standard of player. What level of competition is acceptable that they're good enough to always finish second cause you'll be hard pushed to find a tim celebrating them winning a title cause it's good for competition.
Hi Tino I spoke to you and David wen yous were going to record this interview. A lot of good information we'll explained and again an other great interview Tino bud 👍 keep up the great work 👍
Hi John, great to hear from you and good to meet you last week too 🍀 Glad you enjoyed the episode, if you'd hung around a bit longer you could have been in it 😂
Thank you Tino once again for a very thought provoking discussion on Celtic fc. David is a very knowledgeable on the topic, a wealth of info and most importantly a Celtic man. The investment in attracting quality players and maintaining a standard that can compete in Europe must be the clubs focus into the future with such a weak domestic league. A strong Rangers, Hearts, Hibs, Aberdeen, Dundee and Dundee Utd no doubt is preferable like the 60s and early 70s. Iron sharpens iron!
Spot on @MRCINI Whatever the sport, whatever the level, competition is important to bring out the best in you. We are no different.
@12 mins … I disagree with David when he says the financial gap is unhealthy.
When the old club died .. our focus should have been entirely on European football … consistently in the last 32 or 16 … that’s were the real money is and looking to the future of a change in European formats . A last 32 /16 European standard of team would walk the SPL every year .
Sure the dark side would absolutely hate that , and the competitive nature of Scottish football would be frowned upon , but it is now .. a two horse race and ridiculed .
We need to learn to survive in the bigger waters of a new European competition.
HH
It's only unhealthy because we make it that way. The failure in Europe is a fallacy, rangers made the Europa league final a couple of seasons ago (and failed to win the league that season as well). It's an issue because the club doesn't do many things properly. Our training facilities and youth set up are amateur level considering the money available. A club with £70million in the bank playing in northern europe and we don't have a single full size indoor pitch, that's embarrassing.
I wonder if the financial gap was highlighted as much when rangers were in bed with the banks and avoiding paying tax and hoovering up trophies and champions league cash?
Sorry if it seems like I'm having a go at you btw, I'm not. I'm having a go at the idea floated in this interview that we can't do anything in Europe because we have less competition in domestic football. Us celtic fans have spent so many years listening to excuses that we have started to swallow some of them, they aren't true. We have failed in Europe for many reasons, but the main one is down to our approach as a club. Europe is a bonus for the plc, and until that changes we'll continue to fail.
Serious question though@HC, how would you go about addressing this? Dismiss domestic stuff and just go all in on Europe? At what cost?
@@davidkelly790 Simply put our board have ZERO ambition in Europe, the proof is staring us in the face.
@@TheCelticExchange
To be honest , I didn’t watch the full video , but stopped to make my initial comment and didn’t continue..
First thing , EVERYONE at Celtic , from the very top down , should stop the continuation myth ( including bloggers ) … I believe Lawwell pandered with it at the very beginning , when their death was initially being reported as such , something about being able to stand alone ; but was coerced in some way to follow the narrative , most likely financial ( to his own loss perhaps ) Celtic TV calling them R&ng£rs ??? If anyone from Celtic TV read this …. WTF ?
Denial Anger Bargaining Depression are the first four of five stages of loss . Scottish football is still going through this .. and will continue to until it comes to terms and reaches Acceptance. Rangers Died .
You yourself pander in the continuation myth by referring to the dead club as if they still exist .
It was pandering to them for the vast majority of their existence that culminated in their destruction… a livid hateful spiteful loathsome group of people who followed an institutionalised football club as a national monument along with their OO and protestantism … poking its ugly head out from dark secret veil of freemasonary ; we supported a team with a cause .. they supported a cause with a team … it’s their cause that persists , so through this , their team can too .. ( you can use this ..)
That’s the first .
Once organised and the Acceptance kicks in , for the whole of the UK .. only then can we move on .
We know the EPL does not survive with seat sales , it’s the TV money , it’s the attendance that creates the look for TV , and TV professionals that then convey the Harlem Globetrotters atmosphere. It’s theatre and it works . At Parkhead under the lights , we used to better them at their own game … we still can .
I’m not fully conversant with all the rules of football finance , but very few commentators on you tube probably are .
If Celtic are in the last 32/16 regularly, our draw to the talent pool would be greater .. more Jota’s and O’Reilly’s willing to play here , maximizing even greater revenue in a sport that’s moving towards a more global audience .. I think we might have a few years to get this right , or we’ll be stuck in an impoverished Masonic quagmire for quite some
It’s up to the other clubs and the SFA , ( I won’t even start on why we SPFL and a SFA , so much money being lost as against re investment in winter football , Sweden / Norway . How much does it cost for them on multiple first class foreign trips , when our referees are deemed not good enough , money that should be renivested in youth ) to raise their game to our level , not for us to drop our standards to a country who browbeatenly accept a continuation myth ad infinitum . Use an education environment as an analogy.. dumb down the smarter ones to keep up to the standards of the less blessed ?
We’d have the dumbest nation on the planet if we allowed this to happen.
It’s one reason we are falling far behind to “ lesser “ considered football nations .
Attendances without a rival (for how long?) … with the extra millions coming in , lower the seating prices .. give them away to deserving charitable organisations to fill stands ; with ticket pricing at different grounds , who’s to stop this ? Have more “ family events “ on match day ….I really don’t know the in and outs of pricing laws/ regulations, but I’m sure there are clever people who do .
There is much more .. but my short comment and reply has grown legs .
@@TheCelticExchange To be honest , I didn’t watch the full video , but stopped to make my initial comment and didn’t continue..
First thing , EVERYONE at Celtic , from the very top down , should stop the continuation myth ( including bloggers ) … I believe Lawwell pandered with it at the very beginning , when their death was initially being reported as such , something about being able to stand alone ; but was coerced in some way to follow the narrative , most likely financial ( to his own loss perhaps ) Celtic TV calling them R&ng£rs ??? If anyone from Celtic TV read this …. WTF ?
Denial Anger Bargaining Depression are the first four of five stages of loss . Scottish football is still going through this .. and will continue to until it comes to terms and reaches Acceptance. Rangers Died .
You yourself pander in the continuation myth by referring to the dead club as if they still exist .
It was pandering to them for the vast majority of their existence that culminated in their destruction… a livid hateful spiteful loathsome group of people who followed an institutionalised football club as a national monument along with their OO and protestantism … poking its ugly head out from dark secret veil of freemasonary ; we supported a team with a cause .. they supported a cause with a team … it’s their cause that persists , so through this , their team can too .. ( you can use this ..)
That’s the first .
Once organised and the Acceptance kicks in , for the whole of the UK .. only then can we move on .
We know the EPL does not survive with seat sales , it’s the TV money , it’s the attendance that creates the look for TV , and TV professionals that then convey the Harlem Globetrotters atmosphere. It’s theatre and it works . At Parkhead under the lights , we used to better them at their own game … we still can .
I’m not fully conversant with all the rules of football finance , but very few commentators on you tube probably are .
If Celtic are in the last 32/16 regularly, our draw to the talent pool would be greater .. more Jota’s and O’Reilly’s willing to play here , maximizing even greater revenue in a sport that’s moving towards a more global audience .. I think we might have a few years to get this right , or we’ll be stuck in an impoverished Masonic quagmire for quite some
It’s up to the other clubs and the SFA , ( I won’t even start on why we SPFL and a SFA , so much money being lost as against re investment in winter football , Sweden / Norway . How much does it cost for them on multiple first class foreign trips , when our referees are deemed not good enough , money that should be renivested in youth ) to raise their game to our level , not for us to drop our standards to a country who browbeatenly accept a continuation myth ad infinitum . Use an education environment as an analogy.. dumb down the smarter ones to keep up to the standards of the less blessed ?
We’d have the dumbest nation on the planet if we allowed this to happen.
It’s one reason we are falling far behind to “ lesser “ considered football nations .
Attendances without a rival (for how long?) … with the extra millions coming in , lower the seating prices .. give them away to deserving charitable organisations to fill stands ; with ticket pricing at different grounds , who’s to stop this ? Have more “ family events “ on match day ….I really don’t know the in and outs of pricing laws/ regulations, but I’m sure there are clever people who do .
There is much more .. but my short comment and reply has grown legs .
Wonderful content
Cheers Moe 🍀
The problem with the cash is FFP. New FFP rules dictate we can only spend 70% of revenue on player acquisition, player wages and agent fees. A point of note - the manager's salary is pegged under 'staff costs' so not of FFP concern and that is why we can pay Rodgers £60-70k a week.
But the cash is useless for buying players. We must remain within FFP and the board plan so stringently for 5 years time and 70% of revenue being GUARANTEED to cover player costs and wages that they are hampering instead of supporting the team.
Really insightful podcast and someone who works in finance, David has hit the nail on the head on a lot of key points, in regards to ownership and future strategy/competition risk. Great interview all round ☘️
Cheers McM, and thanks for the feedback 🍀
Excellent podcast that guys, real eye opener as well. 20% shares just out there madness that.
Definitely @kevin, hopefully some fans can reconnect with untraced shares 👍
Great show again tino good guest with all the knowledge eye opening thankyou❤
Thanks James, appreciated. Yes David's always an interesting guest
Great interview. More about how much DD is taking out the club yearly and bonuses.
Thanks for watching @Raymond 🍀
Great and very informative show Tino.I have ordinary shares but i suspect that they fall into the lost category as i have been living in the philippines for the last 13 years with my family and will remain here until the good lord decides the games' a bogie. I will need to try and re connect those shares.Hail Hail
Thanks @Gerald - would be worth looking at that Shareholders FAW, the link is in the shownotes here 👍
Superb knowledge Tino from DL 😊 HH 🍀 keep up the good work ⚽️🍀⭐️
Cheers Richard, David's always an interesting listen 🍀
An excellent watch, very interesting. Well done Tino.👍
Cheers @Arch 🍀
thank this opened my eyes to a lot of things i didn,t think Celtic is worth 250 million wtf
Some really interesting stuff from David @Tommy 👍
Quality chat tino
Ger
Thanks GB 👍🍀
Very interesting .
Thankyou
Tino yer pod was awesome , as always.
Cheers @Mark 🙌🍀
Hey Tino hope yer good, 👍🏻 first class show with Excellent Content, I find David low a fascinating fella I like listening to him, well done Tino your a Star in the making 👍🏻🍀☘️HH
Cheers Mick, doing well thanks, hope you are too. Yeh David's always got something interesting to say when it comes go the financial/business side of the club 🍀 Cheers for the kind comment 👍
Star in the making, already a star.hh
Great content 👍🍀🍀🍀
Cheers @Tom 🍀
T I n o second time I’ve watched this interview the 2of you were brill ,I’ve sent it on to a few friends I hope u don’t mind ,,.hh. Joe little. Ireland 🇨🇮🇨🇮🇨🇮🇮🇪🇮🇪🇮🇪🙏🙏🙏💰💰💰🏆🏆👍😎
Thanks Joe, feel free to share far and wide! 🙌
"Going radge with the money, as they say in Edinburgh", we certainly do!
Thanks for watching this one Eddy 👍🏻
Great interview Tino, really interesting to hear the non football side of Celtic.
Cheers @cjc 🍀
Did u not realise how tight Desmonds are . A billionaire but never shall be happy them sorts .Get him and his sons tae fk .
Interesting stuff 👍
Cheers for watching @gzz 🍀
We couldn't wish for better than Desmond family
Better the devil you know @gaddafis? The danger that's being highlighted is the risk of someone buying the Desmond's out.
👏👏👏 Thank you for that
Cheers, thanks for watching 🍀
I do agree that the reason Celtic are not preforming that well in Europe is because of the Scottish premiership not being competitive enough. I absolutely do not like Rangers at all and I love Celtic so much, but I do think that the key to Celtic actually being better in Europe is to have a more competitive league. Take the Serie A for example since I am a Como and Italian football fan, Italian clubs only started to do well in Europe in recent years because the level of competition became higher. It’s not just Juventus collecting league titles for fun you have Milan, Inter, Napoli, Roma and now even Atalanta giving you a hard time.
All the best to Celtic 💚
Does the board earn bonuses based on annual profit? If yes, then clearly the less they spend, the bigger the profit and so the bigger the bonus payments. Does that explain why we don't buy more expensive players despite the possible or probable added quality and success? Just wondering!
Great to listen to intelligence :- most of these podcasts for sport are not :- feels like a Ted talk - learned much as have been nagging many family members importance of a will 👌
Thanks Pauline, glad you enjoyed it 🍀
Excellent interview Tino
Cheers @Frank 🍀
45:00 to get to the interesting part
Sorry we wasted your time DG.....👀
Great video, you have to get him on again, very interesting.
Cheers @Billy, David's always an interesting listen 🍀
Loved your interview mate if you can please keep them coming David great speaker he's right about them across the city we need compation so we can bring good players to our team where's your fucking David Murray now
Cheers @jason 🍀
the league hasnt stopped sevco having success in europe, with far less resources
Its a good point tbf 👍
Strange wording “are we at risk from a rogue takeover”. I’d argue we are more at risk now with the current owners.
Dont see whats strange about it @RMcL 👍
The 2angers performance levels in Europe over the past 5 years or so has eclipsed our own and that’s despite them being a poor second in an average league.
We’ve ran out of excuses I’m afraid when a Club like theirs is being run in the manner it has has then managed to reach a major European Final losing it in a penalty shootout.
We’ve got absolutely nowhere near that level in 10 years in Europe.
It has got far more to do with the tactical approach at Celtic than the financial approach because the fact of the matter is we’ve been purchasing far better quality level players and had far more financial backing than them in the same period of time.
They have also came from a start point of zero back in 2012.
Celtic reached the last 16 of the Champions League by securing a record total of points in our respective Group at this time.
Sorry guys but whilst we have been run financially well since that event transpired our appointments at Managerial level have not helped with our aspirations in Europe.
The ironic thing is Neil Lennon despite his own personal issues off the field ( a back drop of threats,assaults and severe abuse) has taken Celtic further than those who followed him.
He was a rookie Manager on top.
Deila,Rodgers and Postecoglou are and were all one trick ponies in a tactical sense setting up with the same system week in week out,home and away Domestically and in Europe.
Thus making the opposing Mangers teams selection so much easier in the process.
Unless Brendan Rodgers changes his own approach to the European challenge then I’m sorry but I don’t see how we can hope to improve on our ever worsening record in the Champions League.
You cannot hope to turn up with the same tactics away to Real Madrid than you do away to Motherwell or St.Mirren.
That’s naivety in the extreme.
Two Managers in Strachan and Lennon set up their team depending on the oppositions supposed weakness and our supposed strength.
The results don’t lie in this regard.
On the player trading model that David obviously thinks is a positive in terms of Finances (which it has been on the evidence ) this trading policy has also resulted in several negatives :
Since it kicked in in the Summer of 2013 our performances in Europe over the past decade have declined noticeably since the previous decade in Europe.
The Youth Development side that has produced the likes of McGeady ,Tierney ,Forrest and McGregor is now in such a state we are seeing quality young players leaving in their droves seeking first team chances elsewhere as the pathway to our own first team has a qeue of imported potential players in front of them who the Club have actively scouted with a view to developing them for the purpose of resale and profit.
At what point is a balance going to reached where we don’t simply go out and scout a 20 something but rather blood our own at a younger age and persevere with them with a view to keeping them for the long term benefit of the side rather than the short term gains of the Investors?
Dembele,Doak,Okoflex,Vata and now Kelly all looking elsewhere for their long term futures rather than the Hoops of Celtic.
I personally believe that money has made our Club blind and that the vision that the likes of McCann had in 94’ is now long gone.
Unsurprisingly I say as the man himself left Celtic after 5 years with a massive profit leaving Supporters with little or no control of the direction Celtic has since taken.
I asked the question over 10 years ago that if Fergus had lifted half the profit he did from Celtic (still a massive gain btw) and left the wider fanbase more control in terms of shares would be be in the situation we are in at present?
Since the arrival of Peter Lawwell at the Club we have seen a a concerted move to make Celtic a Debt Free money making venture with massive levels of Capital sat in the Bank.
This despite a Global Recessionnin 2008 , a Global Pandemic in 2019 which seen football famously live out the quote by Mr Stein.
Celtic have continued to make massive profit and operate without a Serviceable Debt which most Clubs operate within as it happens.
It seem to me the Boards priority is to placate the Investors interest first and foremost and to do as little as possible to placate the average Supporter who wants to see Celtic go into Europe swinging and punching above our own weight.
The further we get into this the wider the gap becomes between Board aspirations and Supporters aspirations.
On the Kings of the Castle quote by David well we’ve been (through no fault of our own) a successful horse in a one horse race over the past 12 years or as Kevin Bridges put it Showjumping/ Dressage .
Meanwhile in Europe the pock eyed pit pony that was Sevco Scotland shows us up in Europe.
I think that the 50+1 Fan Control Model in Germany would suit our Club down to a T .
The Support should unite and propose to Desmond that he should be the one who sets this up if possible possibly even underwriting it so it remains in safe hands should it all go Pete Tong.
This way I believe we would safeguard the Club whilst simultaneously bringing the Support and Board Aspirations closer together in terms of Europe the actual bench mark for Celtic.
A great interview but god it makes me angry
Thanks for watching 👍
We would like to think it's the boys you see in picture but are they Celtic supporters that is what the Celtic fans will see it as let's see
Thanks for watching Stephen 🍀
Tbh not my kinda cup of tea tino , shares, takeovers, buying selling etc etc I like my football on the park that’s what I understand, I appreciate the modern aspect of it but way above my pay grade just my opinion.
No worries @ccw and this side of things isn't for everybody.
Some really interesting stuff from David which lots of folks enjoy, but understand that its not for all 👍
we objectively arent good at player trading, were not even in the top 100 clubs in Europe for profit on player trading, and that doesnt include all the top clubs who dont try to make a profit because they have massive income from other avenues
the reason we have a stockpile of cash is that the fans donate about 50m every season, we get champions league money while paying conference level wages, and we about break even on player trading so nothing is spent net, its basically a fan charity collection agency
our player trading sees us with a squad that is 80% garbage and were about to lose a player who carried us last season, when we were clear 2nd favourites at one stage to a rival with no money
the only thing theyre good at is pissing on us and telling us its raining, theyre hopeless at anything related to football
Some decent points but don't think its accurate to say we aren't good at player trading.
O'Riley cost us £1.5M and will likely go for around £25M. You can also look at recent examples like Jota, Abada, Dembele, Ajer, Edouard, Frimpong, Van Dijk, Forster and others for where we're made massive profit on outlay.
The challenge is for us to then see that reflected in how we re-invest in the first team squad, and that's the bit I don't think we're getting right.,
@@TheCelticExchange We have a handful of excellent buys, but when you look at the overall picture, their sales are drowned out by the great mass of trash, the mountains of 1-3m failures add up, the numbers dont lie, our overall profit on player trading over many years is not impressive, clubs who are good at it have 100s of millions profit, we generally spend what we bring in for a net break even, and 9 times out of 10 we weaken the squad in the process, the Dom McKay/Ange window being the rare exception.
Lennoxtown doesn't seem to be producing decent players every year,so Barrowfield was just a waste of money.
Dermot Desmond, who backs him, he is Ireland’s Power behind the throne
Not sure what you mean Peter? Who backs Dermot Desmond?
Got fed up listening to the rubbish about needing rangers
What we genuinely need is competition @conor From Rangers or otherwise
Lets be honest the guy mentions trophies we have won since Fergus McCann days
BUT he doesnt mention the facts that their were no competition at all THIS as Rangers had no part to play being a big part of them years were not there playing as they were within the lowest of low league in Scotland THIS until they worked their way back up into Spl .
Although they did not then have moneys to compete ..he doesnt mention we have had and still have the greediest boards have had way back ..and still have today the tightest board in the history of football which is facts
Celtic fc should be competing in Europe not ending bottom of the pile each time ..and not losing by 6/0 as they did
v Athletico Madrid or any other side in which was an embarassment for Celtic fc and the fans and Scotland
And even Rangers in their past yrs have done much better in Europe than we have is also facts .
Seems this board do not care about Europe and thats where Celtic's fans 99% of them want to see the team do best within
not just this winning the easy title yr after yr Spl although its important to win for to get into the big European league
( The Champs league )
its important for riches received for getting there aye , and its a good job we didnt need to qualify this year as we would have failed i reckon again because simply put the team today as i type lack quality and with quality you normally spend much more millions in which Celtic fc today have in abundance
( Put it this way the guy talks around £70m sure but he doesnt mention that Celtic fc have at least £160 m
within .. And facts are their tightness leaves no bounds .
especially them Desmond guys no time for them at all parasites i call them people .
If Rangers had the riches Celtic have now that we have had last 10 yrs then they would have won 10 in a row possibly
as would have secured the services GUARANTEED of better quality players with some 10m / 12m signings in there .
Celtic fc club keep bringing in cheap signings and later yr after yr or so down line they try to sell them all off and struggle
if they brought in a couple of £10m signings for instance , then would be a better calibre of players needed to aid them to reach bit higher in Europe and get through groups for a change , when was the last time we got through groups
around near 20 yrs ago ..then thats a disgrace and we like to call ourselves s Celtic fc as a big club ..if a big club then would up the ante and > A line from Dom Mackay we want to make Celtic a team to be feared in Europe again , a team others shall know they shall be in for a tough time ..I say here we lost a guy with his vision for the team and club as a whole as his vision in time to get team better each yr .. And as i type its all good winning Spl titles and making Europe but when we get there we do nothing
Whilst Celtic fc club have riches now then why not get in some decent quality signings instead of them 2m / 5m duds
in year after year in year NOW 2024/5 ?
Way over time to up the anti Celtic fc or stay cocooned bottom of the pile and out of Europe before Christmas
And the same has occured with other chances to make progress in the Europa in the past many yrs out quickly
before its really began in earnest this past 20 yrs Europe has been diabolical within Europe for Celtic fc sadly
AND only because of a tight fisted board why cant they see the team lack quality for Europe as everyone else can .
Its way time they got in some decent signings and paid out for them , as its guys like Jota Celtic miss BIGTIME
and he was quality so who in the Celtic scouting ranks spotted Jota ? and players in the past like Mjallby , Elliot , Sutton , Larsson , Thompson , Petrov
As them are the type scouts Celtic needed yrs gone past > And in need big time today .
We've won just as much since they've been back. It wasn't Celtics fault they were liquidated,we could only play who we had in front of us. That was their loss not ours. We could say the same about their winning streak in the 90s ,spending money they didn't have, to buy better players than Celtic, so they could dominate Scottish football.
Beware the man protecting the preference shares.
👀
Celtic do not Rangers Rangers need Celtic.we need a stronger Hibs Hearts Dundee 's Aberdeen etc....if they could field young talent and be competitive Rangers could sink or swim on their own. Reliance on them is just absolute stupidity
The overall point being that we need some sort of genuine competition, wherever it comes from
We are not good at player trading. After O’Riley, there is not one player in the squad worth decent money.
Player trading is something we've done fairly well for some time now. Loads of examples.
Hatate and CCV are two decenht examples of guys beyond O'Riley who have decent sell on value.
@@RMcL328 Hatate? Kyogo? CCV? Calmac?
Why can't he remember
Remember what?
Really interesting Tino 👌 your interviews are top notch mate 🍀
Cheers Ronnie, appreciate that
A man utd supporter owns celtic btw he spend mere on his horses than he does on fitbaw club
@@AllyQuinn-np9cg yet his horses win as do his teams, well done on winning the league 12 years ago
He doesn’t spend anything on Celtic
@barcabhoy7193 aye anno he keeps it all in the tin 😀 ,all fans are just customers. Snobbs hav taken over.,along with Arabs n Americans, an female pundits 🙄 wae the alabet brigade
@@AllyQuinn-np9cg It’s not his money to keep, it’s the clubs. As a shareholder he takes dividends annually, he actually costs Celtic money.
@barcabhoy7193 the rich getting richer m8, the money it cost to follow yer team, add all the merchandise in ,cost absolute fortune ,getting out of hand especially if u have kids 👍
The money man talking. Celtic are Crap in Europe because we need the other teams in SPFL to be competitive. Are you kidding me 😡😡😡💚🍀🇮🇪
Competition, in all sports, and all levels makes people/teams better. Dont you think?
@@seamusmckenna-y2h that is part of the problem.
@@TheCelticExchangeCeltic have only ever been competitive with rangers atleast for the past 30 years and for the past 10 years we've outgrown everyone in Scotland. Surprised there hasn't been a plan to break through the glass ceiling.
My heart says once we get the highest trophy count there will be change but my head says the owners are dated.
@@nicneamit’s not the owners who are dated , this is orange slopland don’t forget
Tory talk from Low… do what your good at (how does that develop our abilities in Europe? The Gig for our players is to move on he says whilst saying he wants us to be competitive in Europe (not great awareness) in his talking points is he.
Your comment doesn’t make sense. 😊
@@IronBhoy well listen to yourself or listen to the interview and come back and say that.
If Celtic can't produce decent homegrown talent at Lennoxtown ,then Barrowfield was just a waste if money.
Who cares as long as they get the check book out
Hoping to see much more ambition by the club this summer @Stephen, but the clock is ticking....
Tino once again I doth my cap to you. Tremendous interview. 🍀🍀
Thanks Fredo 🙌🍀
Brilliant interview.
Cheers @emc 🍀