Football finance expert Kieran Maguire analyses Rangers' £17m annual loss

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  • Опубліковано 29 жов 2024

КОМЕНТАРІ • 90

  • @iainthomson8327
    @iainthomson8327 8 годин тому +10

    This is probably the single best episode I’ve watched of This Is Ibrox. Not only did it properly explain the implications of the published set of accounts it highlighted the arduous road back to being financially viable that maybe some fans needed.
    Well done all. 👏🏼

    • @jeffray7494
      @jeffray7494 Годину тому +1

      I agree hearing Rangers are in so much trouble is music to my ear's 10 in a row here we go 10 in a row here we go #COYBIG

  • @AutisticallyStew
    @AutisticallyStew 7 годин тому +7

    The no more litigation is a red herring.
    The elite sports settlement this year was back in August, the accounts are to end June so next year whatever the settlement was will hit the books.
    I think we really need to have a look at how we run our academy and youth work. If it's costing more than we're able to regain on selling players on the is it really worth it for us.

    • @Nononnein-j4o
      @Nononnein-j4o Годину тому

      There's a provision in the books for 3.8m for this so the cost has already been recognised.

  • @kiezorfc8559
    @kiezorfc8559 Годину тому +1

    Our tv deal is the worst in Europe even Norway and Denmark have way better tv deals than us

  • @wrutherfordx3x
    @wrutherfordx3x 6 годин тому +4

    One simple one is that season ticket prices are raised. Not a great move, but that's just an obvious way to raise income.

  • @stephencreen5902
    @stephencreen5902 5 годин тому +3

    £61 million quid in staffing costs per season. It's a good job that's value for money on and off the park, eh!

  • @kiezorfc8559
    @kiezorfc8559 Годину тому +1

    Expand the stadium capacity I know financially we probably can’t afford to but you would regain the money with season tickets that’s one of the advantages Celtic have over us they have a bigger stadium

  • @F217-o3r
    @F217-o3r 6 годин тому +3

    Well.
    The January transfer window's gonna be a laugh.

  • @ardakolimsky7107
    @ardakolimsky7107 3 години тому +3

    UEFA FFP rules being broken consistently here.
    Leveraged buyout on the way.
    Rangers are screwed.
    Again.

  • @freemind409
    @freemind409 7 годин тому +5

    £300k a week loss but it was expected so that’s ok…🤔

  • @sammybuddy8584
    @sammybuddy8584 14 годин тому +3

    The CL pie is easier sayed than done when we are cutting back on wages and transfers

  • @tomcourtney8986
    @tomcourtney8986 8 годин тому +17

    Celtic make a profit every year, before making another profit from player trading and before making a profit from Champions League.
    No Directors, managers or players of any consequence will join your lost cause with your misplaced sense of superiority bringing a toxic, blame culture and the inevitable failure which follow follows.
    Booing, leaving games early in droves weekly.
    Your squad value and skill level is in an inevitable downward spiral.
    Why would they join, not for the money ’cause you’ve got none.
    Relying on finding ‘gems’ or a bluenose sheikh with loadsa cash is fantasy stuff, good for short term pacification of the deluded only.

    • @ononewheellad
      @ononewheellad 6 годин тому +1

      Jeeeez take a day aff, you don’t like Rangers much and your fingers must be sore.

    • @tomcourtney8986
      @tomcourtney8986 5 годин тому +4

      @ it’s that attitude which was prevalent 12 years ago, you blocked out the truth and your club died

    • @stuartstevenson5341
      @stuartstevenson5341 5 годин тому +1

      yeqah maybe we will just vote you out the league with our pro Union poals and and win another 9 in a row the seuallltick way.

    • @tomcourtney8986
      @tomcourtney8986 4 години тому +5

      There you go again, you died and were shoehorned back in to the lowest division. Your new club were not entitled to join the SPL at the expense of other properly run clubs.
      The misplaced sense of entitlement is what’s putting you in a precarious position again.

    • @ononewheellad
      @ononewheellad 4 години тому +2

      @@tomcourtney8986 You’ve a helluva lot to rant about, especially a Club you so passionately hate. Stroll on.

  • @paulclarke4776
    @paulclarke4776 8 годин тому +5

    That poor guy in the middle looks like he's went into shock!!! 😂

  • @Klynch111
    @Klynch111 2 години тому +2

    No one is gonna buy rangers and then write off any debt

    • @paulritchie5868
      @paulritchie5868 10 хвилин тому

      I agree but you can’t get that through to them…

  • @shaunblues1043
    @shaunblues1043 12 годин тому +22

    The Rangers are so arrogant, they will never learn. 3rd place this year and the big house will close for good. 😂

    • @aldorfc220
      @aldorfc220 8 годин тому +1

      Na people like you are

    • @wavell14
      @wavell14 8 годин тому

      How is Alex salmond doing?

    • @CLASSOF62
      @CLASSOF62 7 годин тому +1

      ⁠wtf has Alex Samond got to do with it don’t think he was skint

    • @6steveo9
      @6steveo9 3 години тому

      Mate I don't know how they've done it but they've found your socials media accounts and the stuff being said about you on Twitter etc is horrible. Chin up mate.

    • @BOATSkeepcoming
      @BOATSkeepcoming 3 години тому

      You should stick to golf and stop trolling.

  • @jonmul1278
    @jonmul1278 4 години тому +3

    You can’t just say if rangers can sell players like Celtic. You need creditably for these fees lots of good and proven players previously succeeding.
    Bassey is only player you can say that about

  • @jazzyp772
    @jazzyp772 8 годин тому +4

    Just say “Champions League” Tommy ffs 😂🤢

  • @alanknotts1844
    @alanknotts1844 6 годин тому +3

    Can you imagine if it was Celtic who posted a 17 million loss? Enuff said.

    • @ononewheellad
      @ononewheellad 6 годин тому +1

      What’s your point then.?

    • @alanknotts1844
      @alanknotts1844 6 годин тому +3

      @ononewheellad that if it was Celtic it would be a disaster. Think about it that way and you will see the truth.

    • @ononewheellad
      @ononewheellad 6 годин тому

      @@alanknotts1844 Riddles to me.

    • @scottmaguire7198
      @scottmaguire7198 2 години тому +1

      But it wasn't 😂

    • @ononewheellad
      @ononewheellad 2 години тому

      @@alanknotts1844 So what is your point. ?

  • @paulclarke4776
    @paulclarke4776 8 годин тому +5

    Sevco done up the Copeland Rd to tap into the PIP of fans!!

  • @fraser8673
    @fraser8673 6 годин тому +1

    Can't expect to sell a couple of players every year for that money, that shouldnt be expected

  • @spms3018
    @spms3018 13 годин тому +4

    Tommy you’re sounding like a club spin doctor

  • @barkel6711
    @barkel6711 6 годин тому +2

    Good balanced analysis. Thank you. Many have just read the sensationalist headlines and run about with their hair on fire. Your analysis shows there are signs of positive progress in the detail.

  • @Gregg-m3b
    @Gregg-m3b 3 години тому

    The loss is gonna make all of the headlines however when you dig into it - the amortisation and depreciation accounts for all but £1m of that. These are non cash figures. Additionally -the player turnover and cost savings on wages will flow through in the full year 25 numbers. We want to be making profits but the headlines are not as they seem

  • @CafeMambo1982
    @CafeMambo1982 11 годин тому +1

    I’m astonished the “board” are using words like stunning for any part of these accounts. Loss after loss,year in year out due to poor decisions,and where are they ? All left the building,no mention of all these problems at the time,with the people leaving given a statement of praise on the way out the door. If it looks like a jobby,smells like a jobby,is Broon. It’s a fkn jobby. We,the one constant throughout all this pish are getting taken for absolute mugs.

    • @paulclarke4776
      @paulclarke4776 9 годин тому +1

      1 word...???
      STUNNING 😂😂😂🍀✌

    • @paulritchie5868
      @paulritchie5868 7 хвилин тому

      Who are the board members these days ?

  • @garycollinss
    @garycollinss 7 годин тому +4

    Interest on loans from shareholders doubling says it all for me £2-4m a per. This notion that our owners are funding us from the goodness of their own heart is bullsh1t

    • @CLASSOF62
      @CLASSOF62 7 годин тому +2

      That’s why they are business men all about the 💴

    • @paulritchie5868
      @paulritchie5868 8 хвилин тому

      No one would put in £20 million and write it off,get real they are all in to make money.

  • @peteychops7888
    @peteychops7888 7 годин тому +4

    Kieran Maguire?? Sounds very ted friendly. 🥴

  • @BBB-sl3mu
    @BBB-sl3mu 8 годин тому +2

    We can not sustain this financial drain , administration is inevitable under UEFA guidlines.

  • @generalzod7925
    @generalzod7925 5 хвилин тому

    Board apologists. Keep up the good work!

  • @wrutherfordx3x
    @wrutherfordx3x 5 годин тому +1

    Celtic have had a few fortunate circumstances presented to them and they have made the best of those situations. They are perhaps, from a business perspective, one of the best run clubs. Whilst I don’t think mimicking their approch would necessarily fit, somethings can be brought across. Also, we need some new thinking. We, the fans, are the biggest revenue source or at least the second biggest. If we want forward movement, we need to think of putting more in.

  • @kangaroo1888
    @kangaroo1888 14 годин тому +5

    Sounds like a slow death ,heading to a permanent second place in the league so no C L money 😮

    • @BILLYRFCNO1
      @BILLYRFCNO1 14 годин тому +1

      looking more like a fight for 2nd place mate

  • @wrutherfordx3x
    @wrutherfordx3x 6 годин тому +2

    A simple question to fans. Would you take a 10%, 25% or 50% rise in Season Ticket prices/standard tickets, in order to win the Scottish Premier League? Would you accept any of those increases over a finite period, say 3 years, to win the Scottish Premier League and break this cycle?

    • @camdenNW1
      @camdenNW1 5 годин тому +2

      How will that help 🙈😂. If you want to make a difference do what Fergus McCann did. He increased stadium capacity so Celtic have more money "every" year. Raise season tickets but forget the league title, build a bigger stadium. Modern football is about money. For 40+ years Celtic fans have spent £30, for every £20 rangers fans have . This has been building for a long time.

    • @wrutherfordx3x
      @wrutherfordx3x 5 годин тому

      @camdenNW1 If I have to explain that then there probably isn't any point. Building additional capacity costs a great deal of expense. Simpler, in the shorter-term, to raise additional income from tickets prices. No additional cost involved.

  • @JohnGordon-y2d
    @JohnGordon-y2d 14 годин тому +4

    More spin,more denial ,no future.

  • @camdenNW1
    @camdenNW1 5 годин тому +1

    Failure rate of "player development" at the cheaper end of market ( £1-5m) is frightening. Watching Celtic doing it & Brighton / Brentford , seems very high rate. Seems more down to buying quantity & hoping one is a gem that covers losses & gives a profit. Failure rate at Celtic over last 10 seasons must be at least 70%, many close to £5m. !!

  • @summittaedae2323
    @summittaedae2323 7 годин тому +2

    Counting balance a squirrel savers account. Reap what they sow

  • @happilyatheist
    @happilyatheist 6 годин тому +2

    By “hook or by crook”. Yous clearly identify with the latter🤣☘️🇮🇪

  • @johnnny-hq8vn
    @johnnny-hq8vn Хвилина тому

    Can you not just CHEAT and say that you have loads of money...oops ..no you tried that b4...

  • @wavell14
    @wavell14 8 годин тому +2

    Podcast about Rangers finances - obviously most of the views and comments are going to come from unemployed celtic fans

    • @dagee4772
      @dagee4772 7 годин тому

      The same so called unemployed Celtic fans put there hand in there pocket… you dafties let yer club die… unemployed lol, I could buy and sell u daftbawz.

    • @paulritchie5868
      @paulritchie5868 5 хвилин тому

      A wee bit of bigotry there …we’re laughing at you lot the same way you would laugh at us if we were as badly run as you are.

  • @RaymondKlar-rv4bo
    @RaymondKlar-rv4bo 6 годин тому

    Replying to Shane blues ....sorry about your own teams secrets

  • @jonrichie6110
    @jonrichie6110 7 годин тому +1

    If Rangers fold and ceased to exist then where will Celtic transfer their despicable hatred to? Hearts?😂😂. Isn't the very existence of their fan base is to hate just one team😂. To see Rangers disappear would be catastrophic for Celtic.

    • @dagee4772
      @dagee4772 7 годин тому

      Our very existence is to dominate Scotland ✅ we just enjoy the laughing at you lot. No hatred, just bewilderment at the utter joke you lot have become off and on the park. 😂

    • @Klynch111
      @Klynch111 7 годин тому +1

      It works both ways pal, I see as much hatred coming from rangers fans directed to Celtic. Look I can give the banter also but I tend not to be hateful as there is enough coming from fans of both sides.
      But to answer your question, as a Celtic fan I wouldn't like to see rangers go bust, cause both clubs need each other, without the old firm fixture it will make for a boring season, and the board won't need to spend good money to improve the squad which will have an impact on Europe (not that it's been much to celebrate previous years 😂)

    • @jackdeegam7026
      @jackdeegam7026 6 годин тому

      @@Klynch111 agreed I’d hate to see rangers go bust hope they sort out the mess

    • @ononewheellad
      @ononewheellad 6 годин тому

      @@jackdeegam7026Rangers need to pack up Scottish football for good and join the English leagues for the finances to survive these days. SPL is a one team league now, it’s dead, boring and has been for years since 2012.

    • @gerrycassidy8414
      @gerrycassidy8414 4 години тому +1

      @@ononewheellad. The English Leagues or supporters don’t want Rangers and the associated toxicity. Have you looked at the scenarios needed for Rangers or any other Scottish team to join an EFL division. It ain’t going to happen. Like many Celtic supporters I don’t want Rangers being liquidated again. I love the banter, seeing their pain and the taste of Hun tears. Long May it continue. ☘️☘️☘️

  • @dagee4772
    @dagee4772 7 годин тому +3

    lol, 3 huns trying to polish a turd. Stunning turnover ! Whilst losing 1.2m a month …..tick tock