Latest News

Jim Spence offers solution to Ibrox cash crisis

|
Image for Jim Spence offers solution to Ibrox cash crisis

Jim Spence has offered a simple solution to the cash crisis at Ibrox.

Yesterday the nine-year-old club announced losses of £23.5m with turnover down to just £47.7m for the year to 30 June 2021.

A player-trading model is often discussed but so far the £1.75m that Wigan paid for Josh Windass in 2018 is the record fee that the club has backed.

Since moving to Ibrox from HJK Helsinki in the summer of 2017 there has been heavy speculation about Morelos being sold but after eight transfer windows the strongest bid was from an unknown club in China in January 2018.

A £100m fee would solve all of the cash problems at Ibrox in a stroke, investor loans could be repaid with whinging Steven Gerrard able to bring in fresh faces during the January transfer window.

At the end of this season Steve Davis, Allan McGregor, Scott Arfield and Connor Goldson are out of contract, Morelos is under contract until June 2022.

Videocelts Extension Button

Share this article

Joe McHugh has been Video Celts since 2010, every day covering events in and around Scotland's most successful club.
When a six year stretch at the Sunday Mirror came to an end it was clear that the future was digital, print had ran its race.
Smart phones and social media created a new landscape, Video Celts has certainly made an impact with Joe described as having an unhealthy obsession by Peter Lawwell at the 2024 Celtic AGM. A priceless endorsement, cheers big man.
There are issues breaking around the clock, no two days are the same more than 50 years on from his first match Joe is enjoying every success for Scotland's Most Successful Club.

5 comments

  • Dora says:

    If that moody, twisty faced fkwit goes for anything above wangers record transfer, as in Josh windyass, I’ll be surprised..
    Who’d want that fking halfwit who cuts his own hair in the dark whilst munching a big Micky, sorry should read a Big Mac and stuff!!

  • Stev says:

    Cut his complimentary supply of pies. That’ll save a bit of cash.?

  • Kyogos Dream Team says:

    Fat Dik will still be here in 2030 wae the FILTH claiming their hanging on fur the Big Cash WHAHAHAHAHA!!

  • Peter Cassidy says:

    Well super stevvve geeee said they would not sell lard @rse for £50 million plus 5 year supply of double big macs and coke .

Comments are closed.