Celtic announce £7 million loss

celtic park_19-09-12

By Andrew Warshaw

September 19 – Although not nearly as serious as the dramatic fall from grace suffered by their  arch-rivals Rangers, Glasgow’s other giants Celtic have announced losses of £7 million ($11 million/€9 million) for the year to the end of June.

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CONCACAF congress delayed as external audit continues

Jeffrey Webb_18-09-12

By Andrew Warshaw

September 18 – Auditors examining the books of the Confederation of North, Central American and Caribbean Association Football (CONCACAF) under the previous regime led by former FIFA vice-president Jack Warner, who resigned from football in the wake of last year’s cash-for-votes scandal, have not yet completed their work, delaying the confederation’s extraordinary congress until next year.

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