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Celtic Diary Thursday November 18: One More Round….

Dear Mr Bankier 

                              Dermot can’t come to the AGM today because he isn;t feeling very well. 

                        

                                       Signed 

                                         My mum 

 

PS, if the shit hits the fan text me lol.  

 

 

The fans certainly wanted to hit the shit though….

 

 

Some readers may be old enough to remember the editorial narrative of the Celtic View back in the days when we last had a self serving board. a narrative which earned it the nickname Pravda, after the news agency from the old USSR which had been known to promote the communist party line as opposed to reporting news.

 

Younger readers have the BBC.

 

 

In this digital age, it was left to the official club website to report on yesterdays AGM, presumably in the hope someone would be daft enough to believe them.

 

 

Celtic plc’s AGM for 2021 took place today (Wednesday), at Celtic Park, with shareholders attending in person at the stadium and also online. 

But not Dermot, though he did send in a note from his mum.

Chairman, Ian Bankier led the meeting, and he was joined by his fellow directors, and Celtic men’s first-team manager, Ange Postecoglou, and the women’s team manager, Fran Alonso. 

After the chairman welcomed shareholders to the meeting, a series of video interviews were shown, featuring Ian Bankier, acting Chief Executive Michael Nicholson, Finance Director, Chris McKay, Celtic FC Foundation Chief Executive, Tony Hamilton, men’s first-team manager, Ange Postecoglou, and women’s first-team manager, Fran Alonso 

You can see them online. Alternatively, you can light a couple of cigarettes and stick them in your eyes.

In the formal business of the AGM, the first 10 Resolutions were proposed by the board, nine of them ordinary resolutions, with Resolution 10 a special resolution.

Resolutions 1-4 were passed, while a poll was called for Resolutions 5 & 6. And Resolutions 7-10 were passed. 

 

A poll. This creates the illusion of democracy. In reality, Bankier texted Desmond who has more votes than everyone else put together.

The first Resolution sought to confirm the Auditor’s Report, the Strategic report and the Directors’ Report for the year ended June 30, 2021.

In Resolution 2, Michael Nicholson was appointed as a director of the Company, while in Resolutions 3 & 4, Dermot Desmond and Tom Allison were re-elected as non-executive directors.

Resolution 5 called for the re-election of Brian Wilson as non-executive director, and Resolution 6 called for the re-election of Ian Bankier as non-executive director and chairman. A poll was called for both of those resolutions. 

 

And this “poll ” resulted in the re election of both.

BDO LLP were re-appointed as auditors of the company after Resolution 7, and Resolution 8 granted authority to the Board to determine the Auditor’s remuneration while Resolution 9 granted the Directors a general authority to allot shares and Resolution 10 granted the directors authority to disapply pre-emption rights.

Resolutions 11 & 12 were special resolutions, requisitioned on behalf of certain shareholders.

Resolution 11: That the Board provide an update on resolution 11 from the 2020 AGM and add a Note of Concern regarding the same to the 2021 AGM records.

Resolution 12: That the Board publicise plans related to the current Board members and set up a Relationship Agreement.

A poll was called for both of these resolutions. 

 

The “poll ” rejected both

The Chairman then gave an update on the Fans Forum, before a video tribute to former Celtic captain, Scott Brown, was shown.

This was followed by a lively question and answer session, and the AGM finished with a moving video tribute to Lisbon Lion, Bertie Auld, who sadly passed away last weekend at the age of 83.  

 

 

 

Other sources indicate that it was a little rowdier than that.

 

 

Bankier looked a little shaken that he hadn;t been metaphorically carried shoulder high across the room back into the chairmans seat.

 

 

Wilson was a little more philosophical, in that he gave the impression that he pitied those who didn;t see what a fantastic asset he is for the club.

 

He was asked about his recent Walter Smith obitury in the guardian , where he said Rangers had been demoted as a consequence of administration….

 

“That was an error on my part. I apologised for it and corrected it immediately. It was an obiturate I was writing. I’ve been writing them along time In the guardian.

“It has nothing to do with my role at Celtic.

“The audience I’m particularly concerned about are those who are affected by the loss. I tried to put it in context and in this case I got something wrong. I’m very aware of the reality of the issue you refer to. I apologised before I apologised again and can say no more than that.”  

 

Corrected it ?

 

What he actually did was simply remove the reference, mentioning instead that Smith was

 

However, by this time, the club was caught up in a bewildering series of intrigues and takeovers. Smith was a man of great probity and not even his loyalty to Rangers or to his friend Ally McCoist, who had taken on the role of manager, could persuade him to stay in an Ibrox environment he did not recognise. 

 

 

Thats not a correction.

 

But the real contempt came from Bankier, who once described Celtic fans as racist when they questioned and criticised a former board member, which Bankier decided was anti semitism.

 

He was asked when the club would have people who care about it running it…..

 

 

I’m not going to win any applause from this room, ” 

“I understand the disappointment but to condemn the board on wide generalities, one that’s delivered football and financial success over 10 years, is short-circuiting.

“Our style is to do business behind closed doors and you might not like that, but it’s the way it works. I know you can’t see it but the progress we’re making and extent we’re competing is good at the moment.

“Europe is a different environment than it was 20 years ago.”  

 

 

” Our style is to do business behind closed doors ”  

 

 

If no one can see what you’re doing, they can;t see what you’re doing wrong.

 

If no one can hear what you’re saying, then they can’t question it.

 

Right there is a statement that betrays the absolute contempt in which this man holds the Celtic supporter and the Celtic shareholder.

 

We have to trust a man to act in Celtic’s best interests even though, as we shall see, he won’t define exactly what those interests are.

 

 

Bankier and Wilson were rejected by the small shareholder, but endorsed by our absentee landlord.

 

 

Some may say that was inevitable, and of course it turned out to be that way.

 

Whilst supporters turned up to what is an outlet for their concerns and passion, the guy who makes the decisions couldn’t be arsed.

 

He didn’t have to.

 

 

He might take an interest when income falls, and with it the share price. but until then things will stay the same.

 

 

The long running campaign for clarity around the governance of the game in Scotland, which began as Resolution 12 a few years ago has morphed into a campaign to get Celtic to explain their part in the whole 5 way agreement issue that led to a new club pretending to be an old club and promptly setting out accruing a debt level unprecedented in Scottish football if you don;t count the old club.

 

 

You didn’t know that, did you ?

 

 

there’s a hell of a lot to be discussed on this issue, one that I’ve neglected for a while largely due to being a lazy fat bastard who sometimes wonders if it’s worth all the hassle.

 

 

Then along comes an AGM and I feel a fire burning in my belly.

 

Two Rennies later it hasn;t gone away.

 

 

What we saw yesterday was a politburo defending their behaviour over an issue that once threatened to destroy the game in Scotland, and take our club with it.

 

What we saw yesterday was a politburo trying desperately to avoid having to answer claims that they’re doing exactly the same fucking thing right now.

 

 

When all is said, and believe me, there’s a lot to be said about this that even I was previously unaware of, and all is over, because it’s not over, not over by a long way, then that little bit of fire in me that began at about the same time as the AGM yesterday and is a roaring inferno as i hammer out these words, will have spread quite some distance, and if it does, at least we’ll have the satisfaction of burning down the building before someone else closes it.

 

 

 

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Michael Annis
2 years ago

It went exactly as was predicted by fans who care.The Board doesn’t give a shit about the fans and sadly most fans don’t care about what the Board do as long as they can roll up, sing something and play Sevco four times a season. If the got off their arses and realised that they’re genii go taken for mugs then change could be affected but no. They’ll keep paying into the corruption while a few will keep up the fight.maws ever thus which is why we keep getting a bastarding Tory Government too.

Fred Rodgers
2 years ago
Reply to  Michael Annis

Nail on the head Michael

Salad queen
2 years ago

How very true Ralph and Michael. 40,000 tickets sold for the match on Saturday.
No boycott of cup games will work, as for merchandise I am not sure.
Games versus sevco sold out to carry on the myths.
So apart from some angry shareholders and the Internet bampots, it’s carry on Jeves.
The majority of Celtic supporters seem to be happy with the status quo.
I helped to restart our supporters club in the 70’s and a few years ago was speaking to quite a few members about resolution 11/12 and the five way agreement. Nobody knew what I was talking about!
I have bought my ticket for Friday, that will be the only way to get rid of DD.

Monti
2 years ago
Reply to  Salad queen

I’ll be at Hampden backing the team not the board!
Celtic first, Celtic last & Celtic overall.

Bob
2 years ago
Reply to  Monti

When did you “START” going to the games

The Cha
2 years ago
Reply to  Monti

Good man yourself and I was delighted to see that Hampden now has disco lights to enrage entertain you. 😉

Monti
2 years ago
Reply to  The Cha

Bob, about ’83

Weered
2 years ago
Reply to  Monti

Monti I hope you sing it loud and proud cough

The Green Machine
2 years ago
Reply to  Weered

I Will Survive?

Or YMCA?

Weered
2 years ago

The boys of the old brigade

The Green Machine
2 years ago
Reply to  Weered

Aye but the Celtic board would then call the cops, instigate an inquiry, examine the video footage then bar him for life.

Grassing up the support is their favourite hobby after all.

Well, after ripping them off blind, that is.

BJF
2 years ago

Ralph thank you for the expose on the AGM. Personally I could go without the personal attacks because it takes away from the gravity and weight of the criticism, makes us easier to be dismissed as a rabble. The focus used to be on Sevco, then the SFA and the SPFL but those who worked hard brought the spotlight around to Celtic and the Celtic Board. It seems to me that is the best way to progress it, we have a measure, albeit a small measure, of influence and that will be enough to keep the fire burning. As Sevco follows its predecessor it could all come together quite nicely.

Damian
2 years ago
Reply to  BJF

It’s amazing to read so many comments about how bad a Chairman Mr Bankier is , what I haven’t read is suggestions as to who would make a good Chairman . In order to not be seen as simply negative fans who can only find fault , I think it would be great if our fans could provide solutions that could work

The Cha
2 years ago
Reply to  Damian

This is a strawman argument.

Celtic pay substantial sums to headhunting companies to source top-notch appointments.

As fans we can see how wretched Bankier is and the responsibility to find a competent chairman (and other high heid yins) is for those who are handsomely rewarded to do so.

The Green Machine
2 years ago
Reply to  Damian

You asked me this same question before, Damian, but as I explained to you at the time and as Cha has had to explain to you once more her it is not the Celtic support’s responsibility to find chairmen but is instead the job of those running the club.

And I must ask again since you ignored the question last time, who would YOU endorse as Celtic chairman?

Since you’re so ‘up’ on the business world ..?

The Green Machine
2 years ago
Reply to  BJF

They’ll never let them sink again, they changed the rules immediately Sevco was formed.

The fix is in and thanks to the 5WA and the Masons that run fitba Sevco have Carte Blanche to do whatever the Hell they like.

As all the evidence of their continued transgressing tell us daily.

They’re the prodigal son of the prodigal Hun and the fox has been in since long before Rangers were laid to rest.

And as I told everyone at the time the Celric board were in on it up to their necks and still are yet as their ignoring the fans, and pretty much everything else, proves.

Parasites would be embarrassed to associate with them.

2 years ago

This current Celtic board and major shareholder are noo being looked upon with as much distrust and utter contempt as the Celtic board pre 1994, DD business plan of relying so heavily on your main cheating competitor to keep his own business successful, is beyond belief. EVERY business wants tae see it biggest competitor and rival weekend at every turn, naw be complicit in allowing it tae cheat for years tae the detriment of your own business, and thus costing said business MILLIONS of pounds of lost revenue, every single Celtic fans needs tae wake up and wake up now, if this board and major shareholder aren’t driven from Celtic, then they’ll continue tae divide and conquer until Celtic are a shadow of the club it should be. For us fans that remember 1994, we know the pain suffered until change was finally achieved, unfortunately Revolutions require sacrifice, and their painful, but if we want oor club back, if we want transparency and accountability, then this has tae happen….KTF

The Green Machine
2 years ago
Reply to  KEIGHLEY BHOY

A fine comment, KB.

James
2 years ago

Crooked board,crooked refs,crooked clubs in fancy dress.

The Green Machine
2 years ago
Reply to  James

They found a crooked sixpence against a crooked stile.

Mcklintop
2 years ago

Some readers may be old enough to remember the editorial narrative of the Celtic View back in the days when we last had a self serving board

Whatever happened to not the view, average Joe miller and the crew….

Don’t think anyone was surprised about the outcome of the AGM, the bhoys with all the shares and the money carried the day.
I don’t have high hopes that the Celtic Trust can make significant change. What I see happening is them being invited to have a representative of sorts on the board. The board would rather they were inside the tent pi$$ing out than the other way around. Things have less chance of getting messy that way.
Auldheid has been foiled again and it appears the Celtic Trust didn’t want to get involved in that discussion.
And the world keeps turning…….

Auldheid
2 years ago
Reply to  Mcklintop

To be clear it was members of the Celtic Trust who were foiled by the Trustees and for reasons that are questionable.

Those questions are now being asked on CST Forum.

Any CST member who has registered for the CST Forum with the CST can go there now. If a CST member not registered then apply to be.

There is an argument that any none CST member shareholder who signed up to Res11 when signatures were sought on 18 Oct should see the option they missed.

Thomas Cochrane
2 years ago

The board don’t give a hoot about anything but the share, price and will never change until sometime in the future when perhaps the price falls due to said boards failures.The political situation in a sporting context may also change someone may make a bid to oust the present office holders(I hope) a change may in fact be the best thing for all concerned

Iancelt67
2 years ago

Gio on the verge of the job. Just waiting on his ebt

The Green Machine
2 years ago
Reply to  Iancelt67

Wattie himself told us about the infamous Ibrox bung culture.

Jinkylarrson
2 years ago

Sack the board, Back the team.

Mike.
2 years ago

Caption, if you have a boxer, or any other kind of dog,then buy it PAL, it Prolongs Active Life. If you want to take your wife or girlfriend out for a cheap meal, then buy her a tin of PAL, watch, as her coat begins to glisten, her eyes light up and sparkle, if her tail wags, then your luck is in. Yes, PAL,
Prolongs Active Life.

Mike.
2 years ago
Reply to  Mike.

Today the share price sits at £0.95, it reached its peak in December 2018, at £165.50. The Celtic manager then was Brendan Rodgers, Celtic FC May 2016 till Feb. 2019. This tells us that to raise the share price invest in the manager and the team and ditch Old-Firmism, its a proven fact that they do hold us back, we don’t need them. When they were liquidated once they realised that Celtic had a clear run at the CL Qualifiers then the share price rose to new heights. Something just doesn’t add up, if they do not see that, then… they are not stupid. The EPL, no go, the Atlantic League, no go, so what else? answers on a postcard….

The Green Machine
2 years ago
Reply to  Mike.

The Huns need Celtic.

It’s as simple as that.

Without Celtic their hate would be gone like snaw aff a dyke and their support even uixker

The Huns need Celtic and since their brethren run the Scottish game Athen the Celric brethren just have to go along with it.

Im sure I told you all this many years ago now but no one believed me but that’s how it is.

They ARE two sides f the same coin because they made it so, indeed, that’s where the term ‘The Old Firm’ comes from.

It was code for The Old StitchUp.

Still is but no one wants to know that either.

Mike.
2 years ago

Yes, “The Huns need Celtic”. Their auditors note of ‘going concern’ confirms what we know about how 2012 is being rein-acted, they will continue to the end of this season, but, cumulative losses of £80.00Million over six years, its Bet 1690 all over again. But Celtic do not need them, in fact quite the opposite, they hold us back. Their shares are now pretty much worthless, if they don’t win the league this year, then “Ta Ta The Noo”. The January player sales and how hard the board back Ange will give us an indication of whether they will or will not continue. If they back him big then we should win the league, if they don’t then….?

Auldheid
2 years ago
Reply to  Mike.

If the accounts submitted in Feb 22 carry a “Going Concern ” note that triggers Art52 of UEFA FFP where UEFA require SFA to seek future financial forecasts.

Now if those forecast show that in UEFA season 2022/23 only CL money earned in that season removes any concern there has to be a question of fairness to other clubs who run their business on a sustainable basis that stops them buying players at a wage rate that is the underlying cause of concern.

If I were a Scottish club denied a place in any UEFA competition because this underlying principle of UEFA FFP is ignored and ” Rangers” get access to any UEFA competition, I would be asking how SFA and UEFA allow a club to be rewarded for unfair financial play.

I wont hold my breath that a licence will not be granted, just letting readers know that a Going Concern note raises the hurdles to entry.
UEFA basically want to know if a club is likely to go belly up during their competition and what safeguards are in place to prevent it.

The Cha
2 years ago
Reply to  Auldheid

Can they issue, ahem, less detailed/audited/scrutinised half-year accounts and submit those, to smooth any off-message UEFA regulator who might give a sh.. about compliance?

The Green Machine
2 years ago
Reply to  The Cha

Well, it worked fine last time.

The Green Machine
2 years ago

Till they went bust of course but that kind of history will not be allowed to repeat itself.

R.St.Parsley
2 years ago
The Cha
2 years ago

Dermot Desmond makes excuses to no-one, they’re all answerable to him.

He doesn’t have more votes than everyone else put together. He “only” has about a third but, as he’s in the same power block as Lindsell Train and others, he/they have 99% of those who vote.

I admire Ralph’s (and Auldheid, (yes even) the CST etc) fire in his belly but this has been the case for 5-10 years and has shifted the dial not one iota in getting change.

At last year’s AGM the “fans” Resolution 11 (REFER SFA TO UEFA) received 2,159,080 votes (2.825).

At this year’s AGM:

RESOLUTION 11 – Provide an update on resolution 11 from the 2020 AGM and add a Note of Concern regarding the same to the 2021 AGM record. Votes in favour: 973,511 1.21%

RESOLUTION 12 – Publicise plans related to the current Board members and set up a Relationship Agreement. Votes in favour: 988,419 1.23%

In other words, rather than increasing, fans votes have gone down over 50% and this was in a year when there was an increased focus on getting more fans active and all the sh.. we went through.

I was hoping that the vote would be nearer 4-5%, a modest increase on the near 3% last year, but a clear sign of continued progress.

I don’t know where this leave the CST’s Drive for 5 (% of active/voting small shareholders) but it looks apathy is still at fever pitch.

I’ve never been a believer that you simply need one monolithic organisation to represent all fans and instead multiple ones that come together on the big issues and fracture over differences is far better than a single one riven by divisions.

Its time for those who don’t like the CST’s way of doing things, people involved etc, whilst sharing the same major goals, to piss or get off the pot and set up their own organisation(s) rather than simply endlessly whining, which is only beneficial to the Board.

BroxburnBhoy
2 years ago
Reply to  The Cha

Another way of looking at it, right or wrong,
Is that rather than being apathetic most understand the situation are are happy/neutral to go along with it as long as the team start winning and keep winning again. Winning the league this year being a priority with automatic CL group stages. Cha is correct though unless shares can be purchased and voting blocks United there will be no real change in how things are done off the pitch. I remember Fergus hired Jock Brown and we all hated that and there wasn’t a thing we could do about it.

The Cha
2 years ago
Reply to  BroxburnBhoy

I don’t believe (m)any are happy to go along with it, I think its more the case of what action to take and the effect of that eg losing STs, merchandise boycott reducing income perceived as affecting team recruitment/retention etc.

If you were to conduct a survey, I’d be confident you’d get a substantial majority saying they were extremely unhappy with the board/PLC performance, as along as it didn’t mention taking any action.

There’s the rub, we aren’t Tesco, whose customers can defect to Morrisons, as they still need to shop, as we do but we can only shop at Celtic.

Auldheid
2 years ago
Reply to  The Cha

Yup. The problem is how is that discontent harnessed to pull in the one direction and what would attract supporters to join in LARGE numbers at say £5 a month?

What would they want for their money? I’ve ideas but it is a subject for wider debate.

You say
” I’ve never been a believer that you simply need one monolithic organisation to represent all fans and instead multiple ones that come together on the big issues and fracture over differences is far better than a single one riven by divisions.”

There is a model that I drew up 10 years ago that I can post a link to but that puts this post into moderation, so I’ll fetch the link next for dicussion when it is cleared.

It is a Powerpoint Presentation and its age is shown as some of the blogs mentioned are not around and of course advances in technology might make it easier to establish.

Lets call it a Portal. Would a trusted group, paid to manage such a Portal because it needs regular attention, be part of a way forward that might entice sufficient supporters to become members of an organisation dedicated to serving Celtic Supporters full time which makes them accountable too?

Auldheid
2 years ago
Reply to  Auldheid

This is the link to what could become a Portal to harness the views and thoughts of the support and create action where consensus is reached. Whilst there will be some issues where there is no consensus there will be others where a consensus emerges.

Celtic Focus Forum – Google Slides

TicToc
2 years ago
Reply to  Auldheid

Auldheid, I clicked on the link but it came up in Dutch language and really tiny print so I couldn’t read it. This may be due to my browser, not sure. Anyway there WILL be a solution. A fiver a month initially, if we can get the numbers, would help tremendously in getting the message out to Mike’s ‘mailing list’ and maybe begin an exponential curve upwards in gaining a big say, if not outright control, so that Celtic supporters are allowed to define Celtic FC’s destiny.
Not humanity’s fleas like Desmond & Co.

Auldheid
2 years ago
Reply to  The Cha

Cha

Last years Resolution took the form of a statement from shareholders to the Board to address the failure of the SFA to complete their own judicial process investigation charges of non compliance by Rangers with UEFA FFP in 2011 and provide assurances from SFA that they had not damaged the integrity of our game by abandoning the very instrument that governance depends on to govern ie rules that have consequences if broken.

The Boards response was Celtic would engage with the relevant football authorities which was the objective of the statement, to switch focus from Rangers behaviour to that of the SFA and for Celtic to take the responsibility they had left to the Res12 guys for 7 years from them. Celtic agreed to the engagement relieving Res12 guys of the responsibility.

So that Res 11 in the 2020 AGM in form of a statement worked and it is not a failing of Res12 that morphed into Res11 although Res12 shareholders (I’m not alone) cannot be blamed if Celtic had no intention of proper engagement which they reported back under Res11 to yesterdays AGM as.

Board response Resolution 11 has been requisitioned by certain members under the provisions of Section 338 of the Companies Act 2006. The resolution is not proposed by the directors. This resolution and the text of the supporting statement were prepared by the requisitioning shareholders and accordingly the Board expresses no view as to the accuracy of the matters set out therein. The Board notes that the requisitioning shareholders were not satisfied with certain responses at the 2019 AGM. The Board considers, however, that since first raising these matters with the Scottish FA in 2011, it has taken appropriate steps in the circumstances to protect and promote the interests of the Company. The Club continues to work with the football authorities in relation to the application and effectiveness of systems of governance in football. The Board is committed to ongoing dialogue with shareholders, supporters and all other stakeholders.

What they should have said is we had x meetings with SFA, here is a record of what was discussed and here is where we are.

However having made that clarification and learning from the 2020 AGM that Celtic just want concerning information kept from wider scrutiny are are prepared to go to court to stop it, I have reached the conclusion that Resolution Road is not a Road, it is a cul de sac with ambushers at the end.

It is time for something completely different and that is the next chapter for folk to think about.

The Green Machine
2 years ago
Reply to  Auldheid

The Club continues to work with the football authorities in relation to the application and effectiveness of systems of governance in football. ‘

But we’re not telling you any of it.

Maybe this is why they want the Hun pig Higgins on board, to make a more effective job of their in-house self policing and keep those pesky kids like yourself out, Auldheid.

Auldheid
2 years ago

Mike

Reply function not working.

Today the share price sits at £0.95, it reached its peak in December 2018, at £165.50. The Celtic manager then was Brendan Rodgers, Celtic FC May 2016 till Feb. 2019. This tells us that to raise the share price invest in the manager and the team and ditch Old-Firmism, its a proven fact that they do hold us back, we don’t need them. When they were liquidated once they realised that Celtic had a clear run at the CL Qualifiers then the share price rose to new heights. Something just doesn’t add up, if they do not see that, then… they are not stupid. The EPL, no go, the Atlantic League, no go, so what else? answers on a postcard….
———————–
How about it is too much like hard work for The Board to make Celtic great and why bother when support are happy to pay for mediocrity and a chance to lord it over the Ibrox mob?

Mike.
2 years ago
Reply to  Auldheid

Auldheid, My post was really in answer to Thomas’s post about the share price, in that they don’t seem that bothered about increasing the share value. You would think that if it had cost you around £34 Million, (34.72%) that DD would care about it, but obviously not that much. You read that he does get involved in appointing managers and occasionally players, especially if they are Irish. Like Lindsell Train, they too seem happy to leave their shares in what could be described as a safe haven, they-he certainly doesn’t have the same emotional attachment that we have. Meanwhile we are left in limbo with no real future planned out in front of us, or ambition to move the club forward, absolutely frustrating. If he – they do decide to sell the club, you can bet that they will do everything that they can to raise the share value as much as they can.

Mike.
2 years ago
Reply to  Mike.

For your info: We finished printing all 28,366 of the shareholders names, addresses, number’s of shares last week, we now have a hard copy as well as everything on PDF form. It was too late to be of any use for this years AGM, but going forward is another matter. DD has three sons, Brett, is more involved in one of his business’s, Ross, seems to gravitate towards Celtic, both he and Nicholson are the fresh blood, will they refresh the Celtic board and take us forward? might be worth exploring. Derry his youngest son keeps a very low profile. Both Ross and Nicholson are worth exploring, the January sales will be an indication of how ambitious they are….

The Green Machine
2 years ago
Reply to  Mike.

They’re not.

Dom McKay was ambitious, that’s why he’s no longer there and Nicholson was a major player in covering uo for the dead Huns and suppressing Res 12.

So with those two and the cop in charge the board will be covered from all angles.

Auldheid
2 years ago
Reply to  Mike.

Mike
Like you I just dont see how it is in Celtic’s interest to attach their future well being to a dysfunctional organisation, although on saying that the same description could apply to Celtic.

TicToc
2 years ago
Reply to  Auldheid

I think dysfunctional is correct with the former (Sevco Rangers) but in receipt of a raft of help from the SMSM including the BBC and across the ‘establishment’ and wealthy supporters.
Celtic is not dysfunctional, just content to plod along at Sevco’s side when it could, if it so chose, leave them behind in a canter. So look as to why. Filthy Lucre.
It can ONLY be that they still believe a joint entry to the EPL is possible.
This would make absolute ‘fortunes’ for DD, PTL, Lindsell Train and others and pay off the new huns’ creditors and set them up for ‘life’.
So, as long as Celtic is run by DD and ticks over, he’ll continue with his intention of securing joint entry with the scum to the EPL.
Unless and until Celtic FC supporters and small shareholders unite then I don’t see much change, but I’ll always retain hope. Celtic PLC is not really the sleeping giant: Celtic FC with supporters and small shareholders combined is the TRUE sleeping giant. We need to awaken it and release its power. It seems to me that Mike, with a huge amount of assistance, may have the way in we’d all (mostly?) love to see. Apathy is our Achilles heel and the PLC count on it.
HH. FC not PLC.

The Green Machine
2 years ago
Reply to  TicToc

Celtic is completely dysfunctional when it relies on Sevco for anything instead of being the European powerhouse we should be if those bastards hadn’t been skimming off the top all those years or even made an attempt at building a team rather than constantly dismantling them.

TicToc
2 years ago

TGM, if you’ve got something worthwhile to say then offer it as your own, stand-alone comment but FFS stop interfering with other comments, you mostly add nothing but detract much with the above being an example.
Personally, I ask you to ignore my comments unless and until you have something positive and helpful to contribute. Don’t take it to heart, just think about it. You’ve currently made over 20 ‘comments’ out of a total of 66. Let others have THEIR say.

The Green Machine
2 years ago
Reply to  TicToc

I am adding to the debate with relevant comments.

In this case I’m telling you that you are wrong and that Celtic IS dysfunctional.

Now you have doubled your wrong by telling me not to comment on a comments page.

So why don’t you shut the fvck up yourself, drunk lad, since you seem to think you can tell me to do so?

Lay off the gargle, Vinnie, it’s mangling yer brains.

The Green Machine
2 years ago
Reply to  TicToc

Because on a comments page everyone can have their say just like I’m having mine.

My comments don’t stop anyone from contributing.

Grow up, you’re sounding like an impetuous spoiled wean with shite like this.

TicToc
2 years ago
Reply to  TicToc

Rather than reply to TGM as it wont benefit anyone, I rest my case above and ask TGM to ignore my comments or keep his thoughts to himself. I don’t want to know them.

The Green Machine
2 years ago
Reply to  TicToc

Well, don’t read them then, ya daftie 😀

Auldheid
2 years ago
Reply to  TicToc

There was an effort to do so from Feb 23 2011 into March 2011 significantly at the time Rangers needed a UEFA Licence to be attractive to The EPL (and of course were one year from administration. The timing may mean nothing in respect of the licensing issue but have a read at the draft between Martin Bain and Peter Lawyer sent to and fro by their PA’s which you can take as a fact.

I’ll post a link separately next to stop this being held in moderation although the link will be.

Auldheid
2 years ago
Reply to  Auldheid

Link to Lawwell/Bain correspondence. CelticRangersInEngland – 23.02.11.doc – Google Docs

It suggests Celtic knew how bad the position at Ibrox was and wanted it avoided by any means possible.

It explains the need for cover up and that includes not challenging the LNS Decision.

It may have been in the Company’s interest to do so but the pain of having to swallow the shite that cheating did not occur, that “Rangers” have honestly won 55 titles, that the the club laying claim to 55 titles is the same club that cheated for sure to win five, is definitely not in Celtic supporters interest but this Board under DD do not know what it is like to swallow shite but they can talk it.

TicToc
2 years ago
Reply to  Auldheid

Auldheid, thanks for your open reply on here and ‘god’ knows what kinda dummy votes it down…but perhaps it’s better to communicate by DM.
I’ll send you an email shortly and just hope, as it’s late, it doesn’t disturb you.
Hail! Hail! and thank you, always, for what you do and have done.
You give me hope!

The Green Machine
2 years ago
Reply to  TicToc

Hope, Joanna?

Until de morning comes?

portpower
2 years ago

There are concerns at Santa`s GPO. He has ran out of cardboard.

The Green Machine
2 years ago
Reply to  portpower

But not bog roll?!

portpower
2 years ago

C/O. Born Celtic and Harry Brady speaking on Press Box podcast.

” He (Ian Bankier) went to Dublin to speak to some Irish Celtic supporters. He said ‘Oh I have always love coming to Dublin. My Grandfather served here with the British army.’.

Wow.

The Green Machine
2 years ago
Reply to  portpower

Clueless doesn’t cover it.

He was lucky it was Dublin anywhere else and he’d have been leaving with his heid in his hauns , as he should have been fae Parkheid this week, the slimy snake dog weaselling little rat bastard.

The Green Machine
2 years ago

And this is why I read ETims.

Great article, Ralph, incredibly restrained considering but you nailed it hem dead on, the dirty low dealing dogs that they are.

Laughed out loud at yiur BBC crack too, though I don’t think Cha did 🙂

Or maybe he did.

Either way, once you recognise the BBC as the Western Pravda and barely anyone notices your world is never the same again fur that’s the day you realise just how much they’re lying to us and just how big the lie really is,

More like this, please, you do good fighting talk.

Cheers again.

TGM

Weered
2 years ago

But can the walk be walked ?

The Green Machine
2 years ago
Reply to  Weered

It depends on many factors, Red.

But a powerful press calling for action has always been the spearhead of all revolt.

The Green Machine
2 years ago
Reply to  Weered

It depends on many factors, Red, but a strong press calling for action has always been the spearhead of all insurgence.

The Green Machine
2 years ago
Reply to  Weered

It can if enough folk hear the rallying cry.

Weered
2 years ago

The only ones who have the balls to instigate such a thing in Scotland is the Green Brigade

The Green Machine
2 years ago
Reply to  Weered

For all their faults they’re the last of the true rebels around CP but they’re easily bought with away tickets, which compromises them.

Let’s see if they’ll follow through with the boycott once the pig takes office, then we’ll know fir sure.

It could be the tipping point for a groundswell once word gets out what’s really going on backstage.

As SQ points out elsewhere the majority of the support are largely clueless about the grave political issues affecting the club.

portpower
2 years ago
Reply to  Weered

They are a fraught to the old-fangled Celtic Board that is crucial.

Monti
2 years ago
Reply to  Weered

Weered,

They haven’t gone away you know

The Green Machine
2 years ago
Reply to  Monti

‘They’ll always be there’, Monti, but they need to make the true meaning of Celtic affect fully upon the board.

The Green Brigade’s ongoing collections for those most in need is their true outstanding legacy, being as it is the very concept on which Celtic was built and should still be but they have do more than rattle a few cans or set fire to some flares to make an impact.

If they really want to leave a legacy of true rebellion they MUST by every manner possible spread the word amongst the support about what these men on the board are doing and have done to our club to further enable both Rangers and the sham that is Sevco.

For without such exposure of this time dingy truth at the heart of the Scottish game, they can always call themselves true Men of Conscience but Rebels they cannot because true rebellion requires recognition of who the real enemy is first, then understanding in the reality of the situation, then commitment and preparation self sacrifice in the fight against all oppressors.

Without these it’s just lighting fireworks in Prague.

Auldheid
2 years ago

They have had the opportunity to do that using factual information emerging from shareholders investigations enabled by Res12 but declined because they had more important issues to pursue than restoring integrity to Celtic and then via Celtic to the SFA.

An argument against Res12 was most match going supporters were unaware of the issue. Has anyone ever seen a GB Banner saying Support Res12. Not Corruption. Anyone?

portpower
2 years ago

Mr. Andrew Dickson (when I go to Gio) has gone all giddy again.

The Green Machine
2 years ago
Reply to  portpower

Wake him up before you go go.

portpower
2 years ago

Hadrian Higgins is to take office.
A coin is to be struck through in his honour.

The Green Machine
2 years ago
Reply to  portpower

Another pig in the trough.

The Green Machine
2 years ago

Celtic get a 12 grand fine for a banner while the Huns get off with a 4 grand slap for nearly setting fire to the place, with other ‘crowd disturbances’ dismissed, UEFA preferring to pass the blame onto Brondby with a whopping 36 grand pay out.

Couldn’t have their favourite struggling Masons from the birthplace of the Scottish Rite losing 36 grand now, could they?

https ://www.bbc.com/sport/football/ 59350646

portpower
2 years ago

Bloody Cup semi-final games.

Enjoy.

portpower
2 years ago

Kane, Cameron is coming to get you.

Monti
2 years ago

If/when Bernard Highins takes office in Paradise…..we will see the personification of trouble.
It’s been coming, it’s been brewing….let’s have it!

Higgins out!

It’s our club & we will fight for it……

Monti
2 years ago
Reply to  Monti

g

Monti
2 years ago

Green machine,
I felt your post on the podcast regarding our Bertie Auld!

Good stuff!

The Green Machine
2 years ago
Reply to  Monti

It wasn’t the podcast post, Monti, but cheers anyway.

Enjoy the game and wee Bertie’s spirit back at Celtic’s ‘training ground’ .

Monti
2 years ago

With the spirit of Bertie Auld among us at Hampden today, I implore you Celts….
Entertain entertain entertain!

Monti
2 years ago

Celtic football club belongs to the support, it’s our club & when the fight comes, we will not run…..you have been warned Higgins.

YOU ARE NOT WELCOME IN PARADISE!

TicToc
2 years ago
Reply to  Monti

M, his being brought into CP by our Board may be the catalyst needed for (more of) us to turn on them and get them out! They’ve maybe just played into our hands despite their stinking intentions.
If so, oh, the irony……. I think the Board is running scared TBH, and this shows it.

The Green Machine
2 years ago
Reply to  TicToc

Scared of who exactly?

Who should they be scared of?

They just proved last week they can brush the support off their backs like dandruff off their shoulders.

So who are they ‘running scared’ of, Vinnie?

You?

Lest you decide to scale the barricades after a bottle and a half of Courvoisier ..?

Auldheid
2 years ago
Reply to  Monti

I think that is the general consensus, what there is no consensus on is how to do it.

When CST members who ae Celtic shareholders voted to adopt an evidence led Resolution of Concern to be debated at The AGM , Trustees decided to drop the evidence led approach on two specific issues, thereby losing the opportunity to bring Bankier and Lawwell to account for misleading shareholders at the 2019 and 2020 AGMs.

CST members are asking Trustees to justify why they did so as reasons given for the change when Trustees were making it are highly questionable.

So if there is division within the CST membership, ( the nearest thing we have to voice concerns, just how is a consensus on what really matters – the future well being of Celtic as a club with integrity that will fight to restore it to Scottish football, going to happen? Where integrity is given its place (at the top of all the aims) there is no need for conflict.

It is time such a consensus was reached and here is a question. Is an ongoing culture of conflict between two parties in the interests of Celtic’s long term good?

If what is in Celtic’s long term interest can be agreed within the support by consensus, which is the first step, then next step is about consensus building with Celtic and that is going to mean a change of thinking on both sides of the divide.

How many years of “war” is it going to take to arrive at a Good Friday type agreement?

James
2 years ago

Celtic flattering to deceive in the semi here- back pass,back pass,back pass…..fed up watching it already

Iancelt67
2 years ago
Reply to  James

Have to agree. Making hard work of this I’d say this is our worst first half. Team is all finesse and no bottle

Iancelt67
2 years ago
Reply to  Iancelt67

Playing against a low block is always difficult like Livingston. Seems to be something ange has to work on. I’d consider ajeti. We lack physicality.

TicToc
2 years ago
Reply to  Iancelt67

I’d consider Ajetti too Lance……taxi for Ajetti? Naw? Train? Naw? Bus? Naw?
FuckitPal, jump in the back…..do you like the Kingston Bridge? Bungee drop?
Ach, try this and call yer name out……Ah..Ah…Ah….Ahjetti…..SPLASH!
A champion in his own heid tho’…..FFS.

The Green Machine
2 years ago
Reply to  Iancelt67

I’d consider a yeti tae but their existence is still called intae question.

🙂

James
2 years ago

I can’t stand our midfield,sand dancing fannies,Celtic make my eyes bleed at the moment

Iancelt67
2 years ago
Reply to  James

Though james get a positive head about you the glass is half full keep the faith

TicToc
2 years ago
Reply to  James

James, we a’ get that feeling………not good. BUT,
Ange Postecoglou seems direct, honest and thoughtful.
He’s walked in to a nightmare and trying hard to make it a dream.
CalMac has signed long-term for us.
James Forrest is back.
Back the team, fukk the Board.
HH. FC not PLC.

The Green Machine
2 years ago
Reply to  TicToc

So ‘Give the board your money and kid yourself you’re backing the team’, is that the self delusion you’re proposing, Vinnie?

The Green Machine
2 years ago

Meanwhile doing nothing proactive but starting fights wae yer mates on the Internet ..?

portpower
2 years ago

Is this cvnt McCulloch from Perth ? You would think so with the way he is supporting St. Johnstone.

TicToc
2 years ago

Well, we clearly need to up our game. The wings maybe, good crosses?
Captain CalMac strolling it but a few misfiring.
And 2 bookings of course!!
Hope Ange gives them a few tips (threats?) at HT.
COYBIG

portpower
2 years ago

A jammie goal will win this.

Iancelt67
2 years ago
Reply to  portpower

I don’t think Calum Davidson’s ears could be any lower must have an over enthusiastic wife during the vinegar strokes

portpower
2 years ago
Reply to  Iancelt67

Pegging in Perth

The Green Machine
2 years ago
Reply to  Iancelt67

If I could figure that out I might laugh even harder! 😀

The Cha
2 years ago
Reply to  portpower

Close, a Jamsie goal won it. 🙂

portpower
2 years ago

Yes wee man.

portpower
2 years ago

And on we go. Well played Bhoys.

Jota, you beautiful Bhoy. MOTM for me.

The Green Machine
2 years ago
Reply to  portpower

But is your barber still a refusenik?

James
2 years ago

With Rogic back, McCarthy n Forrest fit we might just be a force again

TicToc
2 years ago
Reply to  James

I love your optimism James.
Injuries to the men in black/orange would be far more beneficial.
Rogic was targetted (as our playmaker) and hurt. Gogic, who did it, was replaced at HT after Big Tom was replaced injured. Mission accomplished and LRA’s position cemented.
We need “a voice in the wilderness” the GB do that. BACK THEM.
Higgins’ appointment will change things, utterly.
Even the ‘silent majority’ or whatever TF that is, will eventually cross the Rubicon: Desmond’s time (and his lackeys) is coming to an end….those who want it, STAND UP.
We, the Celtic Supporters have been quiet, too quiet, too long.
But we can all make it together for “the revolution’s here, and you know that it’s right”
And you know that it’s right……so do something.
HH. FC not PLC

portpower
2 years ago

They are not happy at all.

A: Jota shields the ball

B: St. J player barges Jota. (free-kick to Jota not given)

C: Unintentional handball ensues because of illegal challenge

D: Wee Jamsie buries it

E: The brethren change the locks to the Temple and do not tell Bro. Nick.

GIRUY

TicToc
2 years ago

A win is a win today. I’ll take it. How FN profound of me?
BUT, if my dream (mentioned on here a week or so ago?)
comes true, Hibs beat the new huns tomorrow, then “sure Hampden was covered in banners of GREEN” Coronation Cup song’s Tims will Rise Up. Let us blow our negative emotions when cheated by our own Board, UNTIL we have a unit. Then, and only then, will the collective power of our Fenian Army be let loose. it should be a ‘Timdemic’, reaching all the contours of the Globe

We’ll be heard all over Glasgow. From PTL’s Thorntonhall to Drumchapel, from Bishpobriggs tae Pollok, from Blackhill tae Knightswood, NEVER LET THEM SLEEP.
HH FC not PLC

The Green Machine
2 years ago
Reply to  TicToc

What ‘Fenian Army’?

Who are they, where have they been hiding and why have they been hiding while letting the board away with their decade of deceit (and more) in bending over backwards for both Rangers & Sevco?

There is no Fenian Army, mate, there’s only a bunch of old guys moaning on the Internet, some of whom are drunker than others.

The Green Machine
2 years ago

Well ..?

I asked a valid and pertinent question:

Where are they, these ‘Fenian Men’ prepared to fight the good fight?

Anyone ..?

Not A Customer Just A Fan Saiz
2 years ago

Follow the money

Statement of capital following an allotment of shares on 28 August 2020

  • GBP 29,919,850.96

Statement of capital following an allotment of shares on 30 August 2019

  • GBP 29,919,294.12

Statement of capital following an allotment of shares on 31 August 2016

  • GBP 29,917,787.5

Statement of capital following an allotment of shares on 1 September 2015

  • GBP 29,917,140.16

Statement of capital following an allotment of shares on 1 September 2014

  • GBP 29,916,639.26

Statement of capital following an allotment of shares on 2 September 2013

  • GBP 29,916,053.79

Statement of capital following an allotment of shares on 31 August 2012

  • GBP 29,913,989.75

Statement of capital following an allotment of shares on 31 August 2011

  • GBP 29,913,990.25

Statement of capital following an allotment of shares on 31 August 2010

  • GBP 29,912,852

https ://find-and-update.company-information.service.gov.uk/company/SC003487/filing-history?page=1
05 August 2021

(For Link remove space between https and : )
 
CELTIC PLC
Scrip Dividend Price
 
 
Celtic plc confirms that the scrip dividend reference price for the full year dividend for the financial year ended 30 June 2021, is 111p (“ScripReference Price“) and will be payable on 31 August 2021. The scrip dividend is available to any shareholders of Celtic plc’s Convertible Cumulative Preference Shares of 60p each who have elected to receive ordinary shares of 1p each in the Company (“Ordinary Shares“) in lieu of cash dividends through participation in the Scrip Dividend Scheme.
 
The Scrip Reference Price has been calculated by taking the average middle market quotation price of Celtic plc’s Ordinary Shares derived from the London Stock Exchange Daily Official List for the day on which the shares were first quoted as ex-dividend (29 July 2021) and the four subsequent dealing days (being 30 July, 02 August, 03 August, and 04 August 2021).
 
Any shareholders entitled to the full year dividend who do not already participate in the Scrip Dividend Scheme and wish to do so, may obtain a mandate form by contacting the Company’s Registrar, Computershare on 0370 702 0192 or from the Company’s website or from the National Storage Mechanism. This form must be completed and returned to Computershare to arrive no later than the close of business on 10 August 2021 in order for it to be effective for the full year dividend.
 
 
The exact number of shares which will require to be issued will be established after 10 August 2021 the final date for receipt of elections to participate in the Scrip Dividend Scheme.
https ://www.londonstockexchange.com/news-article/CCP/scrip-dividend-price/15088009

( For link remove space between https and : )

TicToc
2 years ago

Before I flick through the comments, just prior to seeking loadsa ZZzzzzzzsssssssss,
I’m gutted that a certain Belfast Derby ended with the Belfast scum scraping home….as they do with barrels for fans…….i.e. they’re happy with dregs. Lookatim!

portpower
2 years ago

Could someone save a final`s ticket for Dermot ?

The Green Machine
2 years ago
Reply to  portpower

Someone might but he wouldn’t bother.

Unless it’s to appoint a man in the shower.

The Green Machine
2 years ago

A win’s a win but we don’t half make a meal of it at times.

Great to see Jamesie back on form though, winning the game four minutes after coming on, ffs, another wee lethal weapon when we’ve needed him most like the one we’ve just lost, wee Bertie himself will have been delighted at such a send off, looking down grinning as I know he was.

Hope you enjoyed every minute of your day, Monti, for saying goodbyes to legends is reserved only for those lucky enough to be there.

HH

Monti
2 years ago

Was a very emotional day, tears were flowing down my face as our team came out onto the pitch.

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