Celtic’s Annual General Meeting, held at Celtic Park today, was a livelier event than usual. The board received a hostile response to their refusal to back a resolution to provide all staff with at least the Living Wage. Several impassioned points were made from the floor, which convinced chairman, Ian Bankier, to dispense with his prepared response and provide answers to specific questions.
The vote went against the resolution based on the proxy votes cast by the chairman but the board have never lost the floor so convincingly on any prior issue.
Resolution 12, encouraging the club to purse the game’s authorities on matters relating to the governance of liquidated Rangers was adjourned indefinitely by the requisitioners. On proposing the adjournment, a spokesman for the requisitioners (our own Morrissey23) explained that they had met the club and received information not previously known, and that further meetings were planned.
Fergus McCann made an unexpected contribution to the AGM by email through the chairman, extoling the virtues of financial director, Eric Riley, who he commended for 19 years’ service in pursuing Celtic’s interests. Fergus asked for, and got, an applause for Eric Riley, which resulted in the first unanimous show of hands to re-elect a director I have seen at a Celtic AGM.
AGM questions can be a tortuous affair but they were on the money this year. We had poetry, questions about financial governance including a question as to whether the club owns all of it’s perceived property assets. Ian Bankier confirmed it did, before planting his tongue in his cheek to insist “I’m not going to show you the deeds”.
When one shareholder expressed frustration that a new Scottish club is pretending to be a now liquidated club, chief executive, Peter Lawwell, retorted, “Rory Bremner can pretend to be Tony Blair”.
Many thanks for the many CQN Annual orders, which are now shipping. You can order here:
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67heaven
Correct…Keevins does more than anyone in the msm to aggravate the already volatile situation he preaches about. Total hypocrit.
It seems one quip from PL is more serious than 20000 singing a racist song about one million people dying in a famine, which according to Jabba was ‘just banter’.
Good evening Mattew my name is Companies house SC425159 tonight I will be SC004276 :))
till later all
still laughin csc
Keevins & celtic supporter Brilliant!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Show us ra deids!
In fact don’t bother.
Yet again OUR board come up short.
I’m afraid a wee joke doesn’t cut it with me.
Only when they tell it as it is will they earn my trust.
Why the hell do they continue to skirt around the issues with regard the zombies.
An immediate statement confirming the death of RFC and registering our disgust at their cheating for years will suffice.
Oh and backtracking on their position re the living wage.
Otherwise , they are just gutless.
WC,
Good man. Many thanks. Am sure annual will be worth the wait.
Kevjungle
I don’t know if you are a wind up merchant or not but you are a prize pillock.
Neil Lennon and Peter Lawell are selling Celtic players to line their own pockets, meanwhile Hugh Keevins is a good Celtic man. I want several gallons of whatever you are on.
The reason all the panic from the media is that big peter has brought back on the agenda
The same club myth and they dont like it
Meanwhile, back at the fitba’, Broonie and Muldini both star(t) for Scotland tonight. And wee Nicholas singing Flower of Scotland around 8.00pm.
Good Evening Timland.
So PL made fun of the hun is that it…..will someone
explain what happened to resolution 12,and do it so
the thick as fcuk can understand…….please
KevJ, or his twin, on SSB, as we speak…
Keevins and BFSDJ detest the truth.
It has gone beyond funny. It is now sinister.
maestro-number8
I think that the personalised hats will be a tenner – you can have your blog name on one side and CQN logo on other. Or just one if you prefer. It’s another CQNer who is organising these – and some nifty CQN Golf Wear – all we are doing is assisting. Hats look great, Paul, BRTH and myself got free samples!
Now that PL. has accidentally (?) let the genie out of bottle, ihope he brasses it out and doesn’t apologise.Let them prove the lie.
Leftclick
Lol
I always felt that Celtic had something up their sleeve concerning Der Hun.
Todays events surrounding Resolution 12 have more or less confirmed it !
HH
Xmas eve 2013..Tim walks into a kebab shop.
Tim is very surprised to see, behind the counter and dressed as Santa,that well known kebab shop pest …..fat Sally McCoist.
Sally sighs and says ‘before you ask….I know I’ve let myself go,I’m fed up and my red suit is minging of lard and chilli sauce.What can I do?The Rainjurz went tits up again last week and a guy needs to earn a few shillings to pay back his EBT and Gregg’s bills.Anyway enough of my woes…it is Xmas so what can I get you?’
Tim feels sorry for him and says ‘ a small Donner but will pay for a large one if it helps a wee bit’.
Oh feck cries Ally……Liquidators had him first…will Blitzen do instead?
Evening All
Need your help bhoys and ghirls
Following the events in Amsterdam last week, there will be a bucket collection at Celtic Park next week at the Aberdeen game. Celtic not only allowed a collection today at the AGM (over £1000 raised) they are allowing a collection inside the stadium next week.
We are looking for helpers to hold a bucket for an hour before the game if you can offer any help please drop an email to dambhoys8@yahoo.co.uk
We need to do all we can to help these bhoys it could have been you or I! The money raised will go towards helping with their legal costs, they went off to watch a game of Football not to get battered and beaten! We need to do what we can to help these bhoys, and the good name of our club and supporters.
Those on other blogs we would appreciate it if you could share spread the word and help our own.
Hail Hail
Any musical inspiration anyone? – been listening to heart of gold and horse with no name and am bored!
winning captains….cheers for getting back to me on that, they look the part and well worth a ten spot.
I tried clicking on the link on the page where they are advertised but it just takes me to a paypal page to buy the Annual again for £15 ??
Might need to change my blog name to Craig Whytes CSC before I order though :-))
HH
Valentines..,
The board changed their mind and backed it, I suppose it could be interpreted like that.
JackieMac
Had LA Woman- Doors on in car earlier. Great Friday album!
I’m happy with the outcome of Res 12 today. Better that a channel for ongoing dialogue between the Board and a group of small shareholders has been opened than for the resolution to be stonewalled. The only regret I have about today’s outcome is that I missed the opportunity for our proposers to speak as I know their input would have been inspiring – but that can wait! The question to be addressed now is what is the way forward? I believe, as one who offered support for the resolution at an early stage, that the group of shareholders should become a permanent entity with a constitution and an executive committee to steer it. The aim should be to lobby the Board on agreed issues and to co-operate with other supporter groups. Membership of the group should be open to all who agree with the principles decided on and who have a stipulated minimum number of shares. This is a good beginning. There is an old Gaelic proverb which states “Tús maith leath na hoibre” meaning that a good start is half the work.
Canamalar (who has taken more than a share of criticism) Ouldheid, BRTH, Morrissey and others have shown we have what it takes to provide effective leadership. Let’s formalise the group and move forward. The Board will know we “haven’t gone away you know.”
Jackie mac……check out Mercy by Mike Farris then read his life story.
Incredible voice……incredible story.
I keep bombarding him with emails to come over and play the UK for the first time and he has replied personally.
ChuffedtobitsCSC
What a great caller on Clyde at present. DJ distraught :-))
Canamalar
Congraulations. You got a better result than I thought you would. This is just the beginning. I have a feeling that PL’s Rory Bremner jibe, was in a way linked to your Resolution. Hopefully the truth outs soon!
DJ
No argument to offer except as far as he’s concerned they’re the same club. Oh that’s ok then. Guy battering him!!
Bhoys
Let me say I am happy that there are further discussions re res 12, our attack dogs would not hav agreed to this unless they felt it had merit.
On the hip front I have now moved away from the zimmer to the arm crutches unfortunately the morphine gun has been declassified.
Liked the PL comment and the one re the deeds.
Kikinthenakas
Ah Eddie…call was great till last few seconds when he looked forward to the next Celtic v deidco gemme
Forgot about the Bravehearts Earlier on…
Good Luck to the Scottish Rugby League side in the World Cup against New Zealand tonight.
Not that there are many natural Born Scots in the team and I guess being an ex-pat I’ve some empathy but they are playing for that Scotland top and themselves with the desire and supreme pride once ubiquitious.
500-1 an’a
will oor Lustig be marking Ronaldo tonight?
Evening all.
I will prepare a fairly detailed post on Res 12 — but right now I am knackered.
However, can I just clarify a couple of things some of which will be a repeat of Auldheid’s comments and others won’t.
First– it became clear that Celtic PLC had questioned various things as far back as 2011.
Second— these concerns were taken up with the SFA and it was clearly explained that the board were asking questions as a result of enquiries and concerns which came from shareholders.
Third. — The nature of the enquiries were not confined to those matters which were raised by the resolution. Celtic questioned other matters altogether some of which are now of no relevance but others which are not.
Fourth— The SFA replied and provided various answers. To my knowledge, Celtic at no time said that they were satisfied with that answer and chose to simply remain silent.
Fifth— Later, as a result of further prompting from shareholders and further information, The Celtic Board made further enquiries– this time on a slightly different point and a different tack– of the SFA.
Sixth — Once again the SFA responded.
Seventh—- The board initially took the view that this procedure rendered the resolution unnecessary.
Eighth — following meetings with some of the requisitioners the Board:
a) Withdrew from their position that the resolution was unnecssary
b) Took the view that they would formally continue dialogue and have further meetings with the requisitioners.
c) Agreed to keep the entire matter “live” by adjourning the resolution rather than simply voting against the resolution as they had previously intimated.
d) Agreed to open a formal line of communication with the requisitioners through the Company Secretary– who is legally qualified– and to formally announce that line of communication to the AGM.
e) Further to publicly and formally commit to further dialogue and communication with the requistioners on the issues raised within the resolution.
In turn the requistioners were publicly allowed to formally accept the board’s invitation to engage in further discussion ( and that was noted in the formal minutes ) and to formally acknowledge that some of the steps which had already been taken by the board satisfied some of the concerns of the requisitioners— but not all.
The wording of the chairman and the requistioners was agreed and adjusted late yesterday as the dialogue was ongoing throughout last week.
The effect of all of this is that resolution 12 is most definitely a live issue.
Of key importance is that it has been formally adjourned in public meeting.
Now there are a whole host of key benefits to this not least of which the board were persuaded to depart from their initial negative position.
They acknowledged that there was merit in at least some of what the requisitioners were about and that the entire issue was worthy of further discussion and examination.
In addition maintaining a discussion with the requisitioners was in the interest of the club and its supporters.
If I can add another point just now.
Of key importance here was getting into a position where the board accepted that they should stop and consider the arguments and points raised by people like Auldheid with regard to compliance and regulation governance.
That has been achieved.
They may ultimately not agree or they may ultimately disagree on how to take such an argument forward in terms of a next step. But at least it can be discussed, suggestions made, and a next step agreed.
However, as far as the SFA and all other football fans are concerned, what happened today was that a group of fans took a formal route asking a member club to hold the SFA to account. The Club concerned, after consideration, decided not simply dispose of that proposal by rejecting it and instead allowed the matter to remain live.
With regard to secrecy and all that:
All I can say is this. The main movers of the motion were party to the discussions and documentation was produced which demonstrated all that has been said above.
A preference was expressed that the documents concerned not be placed in the public domain. Note that it was a request and not an order from on high.
The benefit of acceding to such a request?
To be honest, some of the matters raised by the club and the responses, may be germane to legal processes that are still ongoing and possibly yet to start. Nothing in the documents would tend to suggest that Celtic were failing to pursue the SFA for answers to their questions, or failing to represent the interests of the supporters.
Further– how can I put this?
When there is a written confidential record of certain matters, I can understand a protective reluctance to make that record public so that others can adjust their stance and position to suit their own ends.
There are those who have nothing to do with Celtic Football Club who could use such records for their own purposes and try to stir trouble for the club, its shareholders and its fans.
Best to leave them in the dark.
Lastly all negotiations and discussions are about achieving the art of the possible. It is not possible to say that this issue is at an end, or has been voted against by Celtic PLC, and it is possible to say that the SFA and their practices formally remain under scrutiny by the shareholders of CELTIC PLC.
By the way— that was the only vote in the hall today that was truly unanimous!!!!!
Fifth— Later,
Kikinthenakas
Only been on the blog infrequently recently so didn’t know you were having some medical issues. Good luck bud whatever the issue is.
Congratulations to fraser forster, morissey and canamalar tonight
Hosting a house warming / birthday party il be havin a couple in honour of ur sterling work
Well played ghuys
HH
B-)
How does one upload YouTube links to here from an iPad?
Neg Anon & JFH
Didn’t mean to cut and run earlier. I will take up your points later but I am off to watch the fitba first.
Jackie Mac
Anything by Martin Simpson….extraordinary guitarist, in Glasgow tomorrow night, check him out
What a slide player
HH
BRTH
This says enough for me.
“Further– how can I put this?
When there is a written confidential record of certain matters, I can understand a protective reluctance to make that record public so that others can adjust their stance and position to suit their own ends.
There are those who have nothing to do with Celtic Football Club who could use such records for their own purposes and try to stir trouble for the club, its shareholders and its fans.
Best to leave them in the dark.”
BRTH
That didn’t read the way I intended.
I meant ” this is GOOD enough for me”