Celtic PLC took advantage of attention being elsewhere yesterday when they told the Celtic Trust that the AGM was being moved forward this year, in what can only be described as an attempt to curtail criticism and examination of their actions surrounding mounting evidence that they are just as bad as the SFA, the SPFL and everyone else involved with the somewhat novel and refreshing outlook on financial fair play and the rules of association football.
The Trust said, on their website;
We were told on Friday (15/10/2021) that the Celtic PLC AGM will be taking place earlier than last year. Today we have been informed that the deadline for submission of shareholder resolution requisition forms is tomorrow at close of business. Given there is a game at 3.30 that effectively means 12pm. It is now extremely urgent that we collect the signatures we need to ensure that the two resolutions proposed by us will appear on the Celtic PLC AGM Agenda. In this article you will find a link to downloadable Shareholder Resolution Requisition forms. If you wish to support either or both of these resolutions, please download the form(s), complete the details, sign it and return to us either by scanning and emailing it to us at email@example.com or by posting to us at PO Box 502, 103 Byres Road, Glasgow G11 5HW.
- If you no longer live at the address at which your shares are registered, please provide both your current address and the address under which your shares are registered.
- You can provide an electronic signature (there are free options online) or a signature created by taking a photo of your signature on a piece of white paper and thereby creating a photo (jpeg) which can be pasted on to the form
Governance Resolution (link here)
This resolution is designed to improve the governance of Celtic PLC by ensuring the independence of the Non Executive Directors and by protecting the rights of smaller shareholders.
Note of Concern (link here)
This resolution relates to the issues which are usually referred to as ‘Resolution 11’. This is the final version of this resolution. An earlier draft was circulated but the forms which have already been signed are still valid.
So, stop what you’re doing and head them off at the pass.
They’re trying to pull the wool over our eyes about something, and we must not allow them to get away with it.
Rumours that Dominic McKay left due to the boards refusal to address the elephant in the room that is the board’s , shall we say, reluctance to address the issues raised by the original Resolution 12 may have no substance to them, but from where I’m sitting, there certainly seems to be suspicion.
Such short notice of matters of such importance is reminiscent of another club/company releasing bad news at five o’clock on a Friday to avoid scrutiny, and it may well be that this announcement has similar motives.
It looks like they are nervous about something, so if I could ask you to turn that anxiety into sheer terror by heading to the Trust website and getting your name down for the revolution, then that would be the first step to reforming our club.
Don;t let them get away with it.
Oh, there’s a game today.
Though I’m suddenly less interested than i was this time yesterday.
Why should I support a club that quite frankly is trying to take even more urine from an already dehydrated customer base ?
You know what to do.