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Old 30th June 2005, 14:21
keltic_bhoy keltic_bhoy is offline
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Old Firm on the ball for economy

The Old Firm generates almost £120m a year for the economy and create thousands of jobs for Scotland, according to a new report.


The University of Strathclyde's Fraser of Allander Institute looked at the monetary impacts of Celtic and Rangers during the 2003/4 season. It found they generated triple the cash brought in by the Edinburgh festivals, creating 3,056 jobs along the way. The figures include cash spent by fans at matches, as well as travel and food. The survey found the Scottish teams helped create employment mainly within hotels, pubs and catering.

The employment figure included the 876 staff who work directly for the two clubs. The Old Firm also helped generate £118m within Scotland through wages, salaries, sponsorship and profits, the study said. The research was commissioned by the Glasgow City Marketing Bureau and found 75% of total expenditure by fans was in Glasgow. A total of 63% of this went straight into the clubs' coffers with 37% going on food and drink, travel and hotels.

Match funding

Rangers and Celtic fans living in Glasgow spent £15m annually as a result of matches compared to the £57m spent each season by supporters from the rest of Scotland. Meanwhile, supporters south of the border also made a valuable contribution bringing in £22m to the economy, which equated to 23% of supporter expenditure. Professor Kim Swales, who led the research, said: "This underlines just how important the Old Firm is to Scotland. "Imagine a factory closing with the loss of over 3,000 jobs. That is what would happen if the two clubs ceased to be." In comparison, the net income from the international arts events in the Scottish capital for August 2004 was around #38 million, with employment of 2,900.

Celtic chief executive Peter Lawwell said: "We are pleased the study confirms the positive impact of the Old Firm and demonstrates the huge contribution which both clubs make to the Scottish economy." Rangers chief executive Martin Bain added: "This report demonstrates both clubs are institutions and have a huge influence on society, not just in terms of finance but also in wider terms in the community."

The researchers sent questionnaires to 200 suppliers and 4,000 season ticket holders for the study.

http://news.bbc.co.uk/1/hi/scotland/4635535.stm
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Old 30th June 2005, 23:21
Raingeanach Raingeanach is offline
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Quote:
Originally posted by keltic_bhoy
Old Firm on the ball for economy
The Old Firm generates almost £120m a year for the economy and create thousands of jobs for Scotland, according to a new report.

The University of Strathclyde's Fraser of Allander Institute looked at the monetary impacts of Celtic and Rangers during the 2003/4 season. It found they generated triple the cash brought in by the Edinburgh festivals, creating 3,056 jobs along the way. The figures include cash spent by fans at matches, as well as travel and food. The survey found the Scottish teams helped create employment mainly within hotels, pubs and catering.
The employment figure included the 876 staff who work directly for the two clubs. The Old Firm also helped generate £118m within Scotland through wages, salaries, sponsorship and profits, the study said. The research was commissioned by the Glasgow City Marketing Bureau and found 75% of total expenditure by fans was in Glasgow. A total of 63% of this went straight into the clubs' coffers with 37% going on food and drink, travel and hotels.
Match funding
Rangers and Celtic fans living in Glasgow spent £15m annually as a result of matches compared to the £57m spent each season by supporters from the rest of Scotland. Meanwhile, supporters south of the border also made a valuable contribution bringing in £22m to the economy, which equated to 23% of supporter expenditure. Professor Kim Swales, who led the research, said: "This underlines just how important the Old Firm is to Scotland. "Imagine a factory closing with the loss of over 3,000 jobs. That is what would happen if the two clubs ceased to be." In comparison, the net income from the international arts events in the Scottish capital for August 2004 was around #38 million, with employment of 2,900.
Celtic chief executive Peter Lawwell said: "We are pleased the study confirms the positive impact of the Old Firm and demonstrates the huge contribution which both clubs make to the Scottish economy." Rangers chief executive Martin Bain added: "This report demonstrates both clubs are institutions and have a huge influence ///on society, not just in terms of finance but also in wider terms in the community."
The researchers sent questionnaires to 200 suppliers and 4,000 season ticket holders for the study.
http://news.bbc.co.uk/1/hi/scotland/4635535.stm
Wait a minute.
Are you a plonker? Given that you claim to be a Scottish Celt, why haven`t you taken the trouble to learn Scotland`s Celtic language? The notion has never entered your smsll sectarian mind, has it?
Let`s face it, you probably are a plonker.
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Old 1st July 2005, 12:18
keltic_bhoy keltic_bhoy is offline
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No, you can wait a minute.

I don't think I am a plonker but then again it is not a word I would ever choose to use. Maybe you are one, I don't know.

FYI, I do wish to learn Gaidhlig, but finding the time and money to do so when one is a full-time student is rather challenging. Preferably I would have been taught it or even had the choice of learning it at high school or primary school, but unfortunately it is not a Scottish Executive target to offer every child in Scotland the opportunity to learn one of our country's native tongues.

Regarding my "small sectarian mind", my mother may be Catholic and my father may have been 'loosely' brought up a Protestant but I am an atheist, and regardless of what other people on this forum may think about me, I am not sectarian and do not have a problem with other people practicing their religion as long as it isn't forced upon me.

And if you haven't already noticed, my post has nothing to do with religion. That is why it is in the Sports forum.
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Old 1st July 2005, 16:59
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joachim joachim is offline
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Raingeanach!

Stop insulting people in here
We are a Sport Forum ,when YOU have nothing to say about sport , go somewhere else !
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Old 1st July 2005, 17:00
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joachim joachim is offline
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keltic_bhoy,

thank you for your post(s)
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Old 1st July 2005, 22:09
keltic_bhoy keltic_bhoy is offline
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It's OK joachim, I can handle the insults. They just seem to be randomly thrown around by Raingeanach anyway.
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Old 4th July 2005, 18:29
SherbrookeJacobite SherbrookeJacobite is offline
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Unless you speak gaidhlig, our true Scottish tongue, you have no right to play sports, or even to enjoy watching them.

Just kidding.

He is getting sillier and sillier.

btw keltic_bhoy I found the article very interesting.
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