Celtic Share Discussion Threads

[thwaiteuk] 21/11/2007 17:23

Director buying:

Celtic Director/PDMR Shareholding

RNS Number:2374I
Celtic PLC
21 November 2007


CELTIC PLC

Director Shareholding
21 November 2007

Celtic plc ("the Company") has been notified today, 21 November 2007, that Tom
Allison, a non-executive director of the Company, acquired 1,252,505 Ordinary
Shares of 1p each in the capital of the Company, at a price of 60 pence per
share on 16 November 2007.

Following the transaction, Mr Allison is interested, directly and through
connected persons in 1,757,505 Ordinary Shares representing 1.98% of the issued
capital in that class and 1.7 % of overall voting rights.

[louie76] 16/11/2007 15:47

Don't think so lqs .They have recently spent a lot of money upgrading the south stand internally.

[lqs] 15/11/2007 12:13

Since the commonwealth games opening ceremony is taking place at CP I wonder if they will complete the stadium by raising the height of the main stand so its level with the rest of the ground

[mickinvest] 15/11/2007 11:26

Anyone going to the AGM Monday, 10:30 at CP, I'll be there?

Mick

[mickinvest] 09/11/2007 08:13

Commonwealth games decision today, total waste of money as always but don't underestimate the money that will be going over Celtic's way to upgrade access to stadium etc if Glasgow get the nod today.

Opening ceremony will be at Celtic Park and presume they might buy the old training ground possibly for associated events so something to look out for later today.

I'm away later for the weekend so someone hold the fort.

Mick

[mickinvest] 07/11/2007 08:13

No shares available online and has been like that for a week or so as was going to bump a few more out of them. Expect this could get a decent run higher once they decide to move things.

Mick

[mickinvest] 07/11/2007 07:51

Well done to the bhoys last night, was a very enjoyable game even if it was hearts in the mouth stuff at times in the first 15 minutes but 3 more points in the bag and puts us in with a decent shout with Naka back and hopefully JVOH nearer match fitness as we need the big guy 100% and playing well for next 2 games.

Mick

[louie76] 01/11/2007 07:37

As at 29 October 2007, the following shares of Celtic plc, post conversion, are
in issue:

86,462,392 Ordinary Shares of 1p each
15,535,225 Cumulative Convertible Preferred Ordinary Shares of 100p each
16,798,943 Cumulative Convertible Preference Shares of 60 p each
342,843,704 Deferred Shares of 1p each

AT 63P, I think this values Celtic at £85 411 999

[thwaiteuk] 31/10/2007 13:55

I see that an invite from G14 has been made to Celtic.

Here's an interesting read from CQN.

"Invitations have been chosen with scientific precision.

Consider the composition of G14 before and after the forthcoming additions. (Does anyone want to bet against every single invitee signing on the dotted line? My money is waiting for you).

BEFORE

3 teams
England, Spain, Germany, France, Italy

2 teams
Netherlands

1 team
Portugal

AFTER

4 teams
England, Spain, Germany, France, Italy

2 teams
Netherlands, Portugal

1 team
Austria, Belgium, Bulgaria, Czech Republic, Denmark, Greece, Israel, Norway, Poland, Romania, Russia, Scotland, Serbia, Switzerland, Turkey, Ukraine

The dominance of the big 5 leagues has been maintained, with 50% of the total membership, and (it appears from press reports) a still heavier weighting in voting terms. The Netherlands' and Portugal's 2nd-tier status has been confirmed. But the real action is in the long tail of new members; out of 22, no fewer than 16 new countries are included.

The rationale for the choice of countries is crystal clear. Financial rather than sporting criteria, have dominated G14's thinking. The 22 new members come from 22 different countries. Economic outreach has been the overwhelming consideration in G14's decisions.

Of Europe's 20 most populous countries, only Belarus, Hungary and Sweden will not be represented in the expanded G14; their 'missing' 29 million consumers swamped by the 730 million in the 23 countries who will have at least one team in the organisation.

In GDP terms, G14's choice is even more striking; 19 of Europe's largest 20 economies are represented, witn only Sweden absent.

A quick look at the current UEFA coefficients explains the absentees. Elfsborg Sweden's top-ranked team, in a miserable 175th place. Ferencvaros head the Hungarian teams in 148th, and Belarus have no team in the top 200. The faintest whiff of sporting integrity can still be detected, if only by those with a good sense of smell, and long memories.

In truth, G14 has mostly not had to choose between sporting and economic criteria; success in football has in recent years become increasingly correlated with financial clout, and the biggest are more often than not, also the best. Two statistics illustrate this.

First, the first 22 places in UEFA's current country rankings are occupied by 22 of the 23 countries to be represented in G14. The 23rd, Poland, has by a huge margin the largest economy and population of the other countries (38 million to Belarus's 10 million).

Second, of the 22 members-to-be, no fewer than 17 are currently the highest-ranked club in their country that is not already a G14 member.

Looking at G14's decisions in the other 5 countries is enlightening; if proof of their thinking were needed, it can be found here.

Olympiakos or Panathanaikos?
Anderlecht or Club Brugge?
Celtic or Rangers?
Red Star Belgrade or Partizan Belgrade?
Dinamo Kiev or Shaktar Donetsk?

Clue: which five would YOU choose if you were thinking of setting up a European league?

There is arguably little to choose between the Greek clubs; that apart, G14 has consistently chosen the club with the greater international appeal, over the club with the higher UEFA ranking.


"Incidentally, and not by coincidence, all five 'controversial' choices on the above list are between clubs with bitter rivalries. Rangers fans are not the only ones with their heads in their hands tonight. Which must be very comforting for them.

Every single club chosen by G14 is either clearly the most marketable international brand that country has to offer (Red Star in Serbia), or the currently strongest club from 2-3 broadly comparable brands (as in Russia).

Still, the geographical expansion of G14 should not disguise the continuing dominance of the organisation by the biggest clubs in the big 5 leagues. These clubs (as businesses) have much more in common with each other than they do with smaller clubs in their own leagues. So, the motives behind the expansion are driven by the elite clubs' perception of their own interests.

The expansion is in part a defensive act, designed to strengthen the hand of the top clubs against the long-established power bases of their national associations and UEFA. They stand to extend their own political and geographical influence considerably, while retaining control of most key policy decisions. This can be usefully compared to the realpolitik calculations made by the big 4 EU economies in relation to EU expansion.

It is therefore a thinly-disguised statement of the big clubs' intention to stand their ground against Michel Platini's efforts to undermine their sporting and financial hegemony. His proposal to apportion valuable CL places to the relative lottery of national cup competitions threatens the competitiveness of any club outside the gilded few with billionaire backers and/or truly global brands, who can shrug off the (very) occasional season on the outside. G14 is already staunchly opposed to that; the new members will be uniformly of the same view.

That doesn't necessarily mean that Platini's proposals are dead in the water, but a marker has been laid down which he might be wise to heed. He will be be acutely aware that the expansion is by no means only defensive. Indeed, it is a carefully-measured slap to the cheek of Platini: a reminder that should UEFA press its case too strongly, more radical measures are available to the top clubs.

As the above analysis shows, the choice of new member clubs in the expansion has been exquisitely calculated in relation to this issue. A primary objective for G14 has been to establish the best possible starting point for a multi-national European League should a showdown with UEFA become necessary. The expansion does that, in the clearest possible manner.

Of course, the odds are still against such a league being formed in the near future. The consequences would be utterly revolutionary to the world game, and a breakaway would involve real risks to all parties.

G14 have no need to take such radical action unless their hand is forced; instead, they can play a long game, as the increasing financial polarisation of the European game created by globalisation of its top brands - ironically, a process heavily promoted by UEFA's Champions League - strenghtens their hand more with every passing season.

Their short-term ambitions will therefore centre on trying to deter radical action from UEFA, while they chip away at FIFA's position with their arguments about compensation for the loss of players due to injuries in international matches - which is of course a fig leaf designed to cover (for now) their desire to curb the intrusion of international games into their own business plans.

UEFA's position is more difficult; they are swimming against the tide. Historically, national associations utterly dominated their member clubs. This is no longer so. Nevertheless, UEFA has maintained its own power base by the simple expedient of 'divide and conquer', never allowing a major alternative power base to establish itself. The enlarged G14 looks very much like a 'major alternative power base'. Will Platini take on G14 now, on the grounds that they will only be stronger later? Or will he try to hold off from a confrontation with G14, mindful that the biggest winner might well be FIFA?"

[louie76] 24/10/2007 17:07

C'MON THE HOOPS!

[thwaiteuk] 11/10/2007 17:58

10k of the 25k is suspended so it's really just a 15k fine.

[mickinvest] 11/10/2007 17:25

Woohooo £25k fine and 2 match ban for Dida seems to be the outcome, must have been a brave man buying last few days :>)))

[louie76] 11/10/2007 15:53

Sold these last week temp. D'oh

[thwaiteuk] 11/10/2007 14:49

Chart does look good.

It's amazing the way this moves up on practically no volume.

[mickinvest] 11/10/2007 14:27

Looks like a massive breakout on the chart, just needs the seal from Yoofa and 80p here we come.

Mick

[thwaiteuk] 11/10/2007 14:10

:-)

A share price rise when the company is waiting on sanctions from a regulator! LOL.

Any guesses on what UEFA will dish out later today? I'm thinking it will be a smallish fine.

[mickinvest] 11/10/2007 14:05

Just kicking the tyres lads :-)

Mick

[mickinvest] 10/10/2007 23:28

I'm looking for this going up to around 80p by February, better get onto broker tomorrow and get my letter through for AGM as they normally want 2 weeks notice.

Probably buy whatevers available whilst I'm at it ;>)

Mick

[thwaiteuk] 10/10/2007 19:36

Hmmm, some late movement on the price today. Interesting.

[mickinvest] 04/10/2007 21:51

Aye well done to the Dons tonight, gives them 4 big games to look forward to and bit of luck you'll get Henke's team :>)

Brilliant result for the bhoys last night and still recovering myself, right where is that bottle.

Mick

[coroon2] 04/10/2007 21:25

Aberdeen did Scotland proud tonight,aye a'ken nithin ta de wee Celtic but it was still a good result,looking forward to the next stages,they'le get ripped apart,nobody to score goals,and defending for 90 mins no fingernails left,nerve racking and tense.I need a stiff drink,who's buying.

[thwaiteuk] 04/10/2007 08:22

A brilliant win last night.

It looks like Shakhtar have the ability to win the group. Hopefully we can pick up two more home wins before sneaking a point in the San Siro.

[louie76] 03/10/2007 23:51

Well done Celtic.
Memorable result ,with a bit of luck last 16 again.

[thwaiteuk] 03/10/2007 14:37

Aye, it looks like someone is dumping stock.

[louie76] 03/10/2007 12:30

reasonably big sell today.Someone not confident for tonight or is unhappy at recent appointment I suspect.