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Sunday, November 24, 2013

The Hoops seek Loop-holes

Ten days ago, at Celtic's annual general meeting a motion by the Celtic Trust calling for Celtic to ensure that each of its employees is paid the living wage of £7.45 per hour rather than the minimum wage of £6.31 per hour was thrown out by the rich men and money-changers who hold sway at Celtic Park. Jeanette Findlay of the trust stated during the debate that preceded this act of corporate and social irresponsibility that it was a decision that "shamed you and shamed us". Two of the three main reasons cited by the club for rejecting the living wage proposal were these: that it would cost £500,000 annually to implement, and that no other British club does it. Lest we forget; in the last two seasons, Celtic have spent around £10m on fees and wages for three strikers .

Celtic support still occupies the lowest rung of Britain's socioeconomic ladder. Its bedrock is in neighbourhoods of Glasgow's East End and Lanarkshire where the indicators of poverty and illness are among the highest in Europe. Many of those who are in work will be labouring for barely the national minimum wage. A top-up to the living wage would make a considerable improvement in their lives. This winter,they will encounter fuel poverty and food shortages. Many will need hand-outs from the increasing number of food banks in Glasgow. Yet, and let's be frank here, the so-called living wage isn't really a wage to live on at all.

The Living Wage Foundation calculates that it is the minimum required to allow a person to rent property, run a car and eat healthily. But then you might choose to include factors such as the ruthless exploitation by some landlords of the shortage of social housing, the extortion of the energy cartel, the vagaries of petrol prices and the onerous taxes on cigarettes and alcohol. A family of two parents and two children cannot survive on £7.45 an hour.

Celtic's group revenue increased by 47.7% to £75.82m this year and its profit before tax was £9.74m. The remuneration of its chief executive, Peter Lawwell, was £999,591. The members of the plc board each receive a £25,000 emolument for the onerous task of attending monthly board meetings and travelling all over Europe first class. They include Dermot Desmond, one of Britain's richest men, and Brian Wilson, the former Labour minister. (See here for list of directors)

Celtic FC  is a business, as is Rangers FC which also emerged from the Glasgow working class. Neither club has any connection to its origin any more. Bread and circuses and football is the circus. Football clubs are business designed to take money from the poor and give it to the rich, Celtic are no different. They are ideal for lining the pockets of the board.

Taken from here 

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