View Full Version : Celtic Board to Fans: *#*#*#*#*#*# you.
-cman-
13 Oct 2003, 07:26 PM
From Yahoo Sport (via TeamTalk (http://www.teamtalk.com/football) ) comes this sad but hardly unexpected news:
Celtic have confirmed there will be no fans' representative invited on to the board.
Shareholders voted against the proposal, Resolution 8, after a poll was called for at the club's annual general meeting on Friday.
But shareholders defeated the motion, with 94.11% from over 20 million votes going against the proposal.
The result comes as no surprise after the proposal received no support from Celtic chairman Brian Quinn and major shareholder Dermot Desmond.
If I had the time, I'd page through my Flashman books to insert a pithy quote from his Father-In-Law.
jaytee1
14 Oct 2003, 05:01 PM
They expect EVERYTHING but give nothing. The least CFC-the club as opposed to the shareholders- should expect and deserve is at least one rep. Perhaps a new and fairer club constitution should be drawn up giving the fans(and they ARE the club) a legal minimum shareholding. A pipe dream perhaps, but one which would at least be implicitly fair.
IN FAITH.
Parkhead_Faithful
14 Oct 2003, 05:49 PM
You sound surprised bhoys, of course there was never going to be a fans representative on the board, he would spill the beans about where they are funneling all the money coming into to.
Its a fact of life, like night follows day, that celtic will have a tightfisted business minded board, always has been always will be, its a shame as this club and its supporters deserve better, but we are what you would call a captive audience and for business types that is easy pickings.
MeridianFC
17 Oct 2003, 01:29 PM
http://www.theherald.co.uk/static/fsi.shtml
They mention no fan reprsentation at the AGM. Then again maybe if more fans started plumping up the £0.54/share they could sneak a foot in (sure 29.25m shares out is a lot, but you gotta start somewhere). To be fair I have no idea how many of the shares are free to be traded, but there must be some floating about.
£157,950,000.00 in shares outstanding is no bad is it?
-cman-
17 Oct 2003, 05:25 PM
Originally posted by MeridianFC
http://www.theherald.co.uk/static/fsi.shtml
They mention no fan reprsentation at the AGM. Then again maybe if more fans started plumping up the £0.54/share they could sneak a foot in (sure 29.25m shares out is a lot, but you gotta start somewhere). To be fair I have no idea how many of the shares are free to be traded, but there must be some floating about.
£157,950,000.00 in shares outstanding is no bad is it?
That's it, with my next bonus check I'm going to buy 50 shares. That way I can write my next -- and my next will be my first -- trip to a 'Tic game off on the taxes!<evillaugh>