Celtic banter 37583


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18 Jan 2018 15:11:34
Don't know if any of the Ed's know the answer to this, how much are the club expecting to make (profit) , per year from hotel?, I've read hotel/ complex is costing around £18m to build, how many years would it take to re coup that, let alone start making money from it, I know the velladrome has plenty events most weekends, but seriously, I'm not sure this won't be a big waste of money, I'd rather we invested in the playing team, if the above figure is true.

{Ed007's Note - The hotel won't cost Celtic £18 million as there will be other investors and the cost will probably be paid over a number of years. Celtic don't have £18 million just sitting around and decided to build a hotel with the money. There's no way of knowing how much it will bring in p.a and remember it's not just a hotel, there will be the new shop, museum and ticket office also in the complex, the hotel is only a part of it.}

Agree2 Disagree2

18 Jan 2018 20:54:05
Thanks, I did wonder if they had £18m just sitting, why they’d plough it all into that👍.

19 Jan 2018 13:34:41
The honeymoon suite could be known as the Lee Griffith's suite .



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