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Celtic Trust members urge boardroom shake-up

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8 February 2021

Concerned members of The Celtic Trust have called for an urgent root-and-branch shake up of the club at a members’ meeting last month.

The meeting was held just prior to Celtic’s announcement of the resignation of CEO Peter Lawwell at the end of the season.

Trust members pressed for an early meeting with the club top brass following the collapse of the football season with only the Scottish Cup to play for.

 

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Jeanette Findlay, acting secretary said: “Following the deterioration in the team performance, Trust members called for a top to bottom review of club activities, from the boardroom to the pitch.”

“There is a real disconnect between the corporate board and the ordinary paying fans,” Jeanette revealed.

Supporters are angry about the club’s poor communication with fans and have called for a shake-up of the Celtic boardroom.

“Public relations by the club has been shambolic” she said, “with senior club officials either silent or offering ill-judged statements through the national sports media.

 

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The Celtic Trust  has been critical of the board’s ‘stale, male and pale’ make-up. The invisible chairman, Ian Bankier, has been in post for almost a decade and there have been no meetings of the nominations committee in the last twelve months to even consider whether new blood and thinking is required in the Celtic boardroom.

“It is apparent there has been a stagnation at board level in Celtic PLC over a number of years,” Jeanette said, “and – while the announcement that the CEO will be retiring at the end of the season is a step in the right direction – a shake-up is long overdue for anyone with a passing knowledge of good corporate governance standards.”

More than 200 members and shareholders of the Celtic Trust attended the online meeting held on 26 January 2021. The Trust will meet the PLC board to discuss these matters on 17 February.

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Members passed resolutions calling for:

  • A root and branch review of all of our operations – football and non-football – to be carried out specifically with regard to the performance of the CEO and the football manager
  • Radical changes in our football department. These are urgently required and should be motivated by the results of a comprehensive study of how different models operate in Europe.
  • A review of the performance and contribution of the chairman should be carried out and changes made to the composition of non-executive directors.

The next members meeting is planned to take place on 27 April 2021.

 

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