The capital loss is rapidly worsening. Only 14 days ago, we posted a summary of the financials to date and stated that the Celtic Club financials showed that the Club’s capital had now fallen to $18.6 million. In other words, since 2015, the Club had lost $9.2 million. It’s really hard to keep up with the figures …
A club’s financial position includes capital assets, annual income and debts. In 2015, the Club’s capital assets were $29.8 million minus the bank debt of $2 million. So the net worth was $27.8 million (Annual Report, 2015). In that year, the Club’s businesses (rent, hospitality, poker machines) brought in $2.7 million dollars. Since then, net …
Many members will have been disturbed by the recent appearance of two, virtually identical, emails from the President. Two issues are particularly worrying: the original sender, and the contents. These angry, rambling emails were originally sent by Mark Dalmau, the assistant Returning Officer, presumably at the direction of the President. This action was completely inappropriate. …
Interesting news in the Irish Echo! So the President doesn’t like liars and he doesn’t like Continuity Celtic Club or Dire Straits either. Well that must make life hard for him. He told a blatant lie in the Information meeting recently when he said Jennifer O’Brien had been forced to resign from the Committee when …
We, the long-suffering Members of the Celtic Club, have at last received a notice from the Returning Officer under Rule 54 to advise us of the election and calling for nominations to the Committee of Management. This, you will recall, was supposed to be have been sent with the membership renewal forms. This recent notice …
It is with deep regret that we inform members of the death of Leo La Fontaine. Leo passed away peacefully on 12th May, 2019 at Hilltop Aged Care Home aged 82 years. Leo’s father, Clifford, was a police officer. Leo was the Solicitor to the Commissioner for Corporate Affairs (Vic) from 1975, General Counsel for …
The Celtic Club is in dire straits. direstraits.celticclub@gmail.com. The Celtic Club is presently the longest existing Community Club for those of Irish, Scottish, Welsh, Cornish and Breton origin and descent in Melbourne and Australia. It won’t be around much longer if the current Committee of Management is re-elected. The biennial Celtic Club Committee of Management election …
I have just stumbled across this site accidentally and it looks more informative than the official club site in regards to business operations of the Continuity Celtic Club. I would like to ask as a member some questions on the whole charade concerning the dealings of the elected Committee of Management on behalf of the Continuity Celtic …
Yes! You wouldn’t know it from underperforming Conrad Corry, or Brian Shanahan, the Grand Communicator, but the Club has a new Manager. Looks as though the news about the Manager was going to be communicated in the same brilliant way as the news about the temporary closure of the Club. Lovely handwriting – you can …
Now that the Club has lost is functions administrator, the Manager – formerly Mark Dalmau – has been the next staff member to resign. That means that the Club no longer has any permanent staff and no one concerned with promoting its functions and managing its activities. Not unreasonable, considering that there is virtually nothing …
continuitycelticclub@gmail.com.au
