To be fair they all are I'd imagine any price in addition to the official £1 went via brown envelopes!
Glasgow Bears Required - Complain About Celtic's State Aid http://forum.rangersmedia.co.uk/index.php?showtopic=250985
**** sake, I despair at the people who take things so seriously When I see things like that it makes me so grateful for my life actually having some kind of meaning and purpose.
I wont disagree with that! But you have confirmed it in a nutshell here. £1 to buy is not the true "cost". The fees etc on top paid be Celtic They've also had the costs of it save by the Council for over 20 years. The savings "MAY" be more than selling for a higher price today. I say MAY as i dont know the actual figures. No one truely knew how it would pan out. For example My Neighbour bought his house for £28k 25 years ago I bought mine (which is smaller) for £258k 2 years ago. Had he known the prices would have gone up he would have had bought mine too no doubt! Would have had to pay for it for 25 years to make that money though Celtic and the Council gambled Celtic won
No, that's just what Timmy wants you to believe. If you have a £10,000 limit on your credit card, you're £10k in "hidden debt" Nah, a drawdown facility is usually offset against assets (like a secured loan) - you can get a drawdown facility on your mortgage (if you have a flexi-mortgage, you probably have that facility even if you don't know it). It's basically the bank saying that they think you're good for more credit if you want it. It actually shows Celtic being offered credit facilities that they're not using. And, trust me, banks are pretty quick to claw these back these days. If anything this "hidden debt" doublethink is actually an indicator that Celtic PLC are operating successfully and have the confidence of their lenders/banking partners.
Bib, the internet accountant Clearly knows **** all. I got an A in accounting and finance higher. I have had a detailed look at the accounts and can confirm that you are in debt to the tune of £64,312,957.55.
