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:
1,098 Comments- Pages:
- «
- 1
- ...
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- ...
- 29
- »
Vespacide AGM Winging it
Hail Hail.
Gordon64
00:01 on
16 November, 2013
With respect, I don’t think that is what happened today. One person, Canamalar, rose to the kind of challenge you throw out and crafted a possible resolution, canvassed for support and got that (amongst much ridicule on here). What happened today (in his absence) saw others getting involved that led to a ‘compromise deal’ negotiated and offered up, now being offered as ‘good news’.
However, there is still no ‘public’ debate on the ‘fix’ that occurred in 2011. We are told it is ‘secret’ good news and to remain faithful.
mmmmmmmmmm
margaret mcgill
23:56 on 15 November, 2013
I’ve not read back as i needed a kip.
My standing on the resolution…the msm were waiting like vultures for it to be blown out of the water.
Morrisey did a grand job.
Now their headers have been binned and they can squirm.
tigertim
00:12 on 16 November, 2013
PL being on the SFA now should now be in a position to enlighten us celtic peasants on how Sir McCampbell of Ogilvie SFA EBT has remained president of the SFA while not revealing in his job interview his previously corrupt liaisons. Just askin ken.
TigerTim, it doesn’t yet.
Earlier I was frustrated not knowing the ins and outs. Details.
But I have mulled it over, I am content, those who know have our best interests at heart, and will pursue them.
I think the PLC could have dismissed this quickly by weight of votes, they didn’t.
That is hugely significant.
This has a long way to go.
I do, of course, still want details.
Margaret McGill
00:12 on 16 November, 2013
petec
naw we did
————————————
Not too sure what you are referencing.
How are you doing anyway?
Not seen you online for donkeys ages?
If the Celtic support en masse decided it wanted answers
to the malfeasance that has taken place in Scottish football
we could make it happen.
Gordon64
00:21 on 16 November, 2013
I believe it has already. Results notwithstanding so far. Are you suggesting that some malfeasance is afoot to prevent Celtic revealing to the public its vision? Or is its vision no so much win the European cup by 2019 as some have claimed here on CQN but to “gee the huns a doing” sometime soon?
TinyTim 17:17 on 15 November, 2013
The Barca Mole
Glad to see you posting.
I hope you and yours are well.
TT
Thanks for the thought, yes we are grand, all things considered. Appreciate your good wishes and genuine concern over the last few days pal….
Regards & Hail Hail
TBM
Gordon
Of course we could. Am in bud.
Gordon64 – fair comment. Plenty snow ball makers, not so many throwers! That said people need leadership.
Dario Franchitti
Racing Car Driver, winner of the Indy 500 in May 2007, the first Scotsman to win it for 42 years
“He also confessed yesterday to another source of inspiration: the Celtic side that won the 1967 European Cup. Franchitti has become obsessed by the story of the team, who all came from within 30 miles of Glasgow, to such an extent that he is a Celtic season ticket-holder, even though he lives most of the time thousand of miles away. Before the Indy 500 race, he watched film of that night when the famous Lisbon Lions won their cup and told his Andretti Green Racing team: “If that can’t inspire me, nothing will.” It clearly did. ”
http://image.wikifoundry.com/image/1/Py8m10CGgYFnzpRUR28LjA732359/GW558H423
Night all.
HH
Good morning all.
Thought big nan would like this….
http://twitter.com/MattMcGlone9/status/401357437716168704/photo/1
Night night Timland
Weefra HH supporting Wee Oscar.
Gordon64
00:34 on 16 November, 2013
Dario Franchittis father and grandmother had me barred from their west end cafe for claiming they rigged their coin machines and ice cream. They were crooks as were the Di restas. F%^&%& them. Alberto was ok though.
Be good if Sevco make their complaint official… Lawwell holding a stack of aces if he needs to play them. He knows that Ogilviecand co know it.. Sevco know it… Any Complaint will absolutely laughed out…
Next?
Gordon64
Put that Rioja away!
The Huns are deid Mmmwwaahhhahaa !
I wonder which one of the two directors of Sevco contacted the football authorities to complain?
A Sevco ST holder told me the fitba was really poor in their division. Pep still needs lots of other peoples cash to compete with them though!
Corkcelt,
The Cliffs of Doneen, in the song, are in N. Kerry
Hail Hail
Row z
Note all you say but in the history of Celtic PLC every single non board proposed motion has been voted down– until today!
Granted Res 12 was not passed, but if the purpose of the resolution was to establish whether or not the board had taken certain matters up with the SFA then the resolution hit the target because as a result of the resolution the board did indeed disclose that they had and we can report back that this happened for certain.
Further, they ( Celtic PLC ) prized a formal response from the SFA in reply to certain questions which were asked as a result of Auld heid’s prompting.
The question now is whether we can nail the argument that those responses are bullshit and deflection. It will mean further engagement with the board, consideration of the official SFA stance, setting out our arguments and evidence before the board or its representatives, persuading them that there is sufficient ammunition to take the matter further and so on.
According to the formal minutes of the Annual General Meeting of Celtic PLC the board today:
1. Introduced the resolution.
2. Reported to the meeting that there had been developments re the resolution and that meetings had taken place between the requisitioners and the board which had been very helpful in helping the board understand the concerns of the shareholders.
3. Further declared that the meetings had also established a line of communication between the shareholders and the board through the Company Secretary.
4. Declared that the board take seriously the concerns expressed by the shareholders and reiterate their undertaking to at all times protect the interests of the shareholders to progress the clubs policy of conducting its business on a “stand alone” basis.
5. The board also committed to further discussion and engagement with the shareholders going forward.
6. On that basis, proposed that Res 12 be adjourned indefinitely.
In response, Morrisey23rd read out the following statement which was also formally recorded in the minutes:
Good Afternoon Mr Chairman.
I can confirm to the meeting that there have been purposeful meetings
with the company and that we have had very fruitful discussions
which have satisfied some of the concerns that brought about this
resolution. In particular we are pleased that the company
have seen the benefit of having those discussions and especially note
the undertaking given to continue the dialogue with
the shareholders and supporters and to take the necessary steps to
protect the interests of the club.
We will continue to liaise with and correspond through the company
secretary as discussed, and are pleased to accept the
invitation to continue those discussions going forward..
Under those circumstances we are happy to recommend that the resolution
simply be adjourned as you have suggested.
Can I just thank the board for engaging in this process and we look
forward working with you on these matters in the future
and can I take this opportunity to thank all of those who supported and
helped with the resolution ”
The resolution was neither withdrawn nor ditched.
The resolution was not rejected or refused– in the end, the motion having been proposed and having made its way on to the agenda, no one said a single owrd against it.
Instead it was simply adjourned.
All of the words contained within the resolution ( and it is a detailed resolution with lots of parts to it ) remain the subject of the continued meetings and discussions that have been formally noted.
Further note the commitment that was given by the board about protecting the interests of company ( shareholders ) which was again formally minuted.
The Board of Celtic PLC was not the target of the resolution– they are merely the route to the target as the formal body which is a member of The SFA.
The tactics today did not bind the board to the rigid ( possibly on reflection too rigid ) wording of the resolution– which if passed would have been binding on them leaving them no option but to do exactly what the resolution says as opposed to allowing them to negotiate with and through the SFA should the opportunity arise.
At the same time, nothing that happened today prevents the route to the SFA through Celtic PLC. In fact quite the contrary– Celtic PLC have agreed to meet and discuss the possibility of taking these matters further and, as the chairman stated, saw the benefit of the discussions and formally confirmed that the board took the position outlined by the shareholders very seriously.
That is not where the board started from.
Two last points.
Remember that it was immediately after that resolution was adjourned with the full resolution in tact — including the items numbered 1-4 — that a lady stood at the microphone and expressed her dissatisfaction about certain matters which in turn prompted the Bremner comment.
Finally– after the AGM– someone who had been sitting on the stage approached Morrisey apparently and simply said to him:
“Keep going with that!”
I don’t know who that was but he will be able to elaborate on the conversation.
Maggie
How did they rig their ice cream ?
HH
Gordon64
00:34
Superb Stuff my Olde r mucker.
Spread LOVE
Doc says Vive La Resolution
00:18 on 16 November, 2013
As someone who posted back their season ticket 2 years ago maybe I don’t really have a say, if however the club had been more vocal, they would have had my support.
Heard Keevins barking on about how mental the west of scotland is just now and it is increasingly volatile……dog whistling, sick of it.
Next we will start, “have we not been punished enough crap again”.
Lawells comment should be treated as another squirrel by Rangers fans instead he becomes the enemy once again, everyone but the spivs inside Ibrox get the blame and the threats.
They deserve everything thats coming and more.
Maybe there kids wont accept Santa bringing a share certificate 2 years in a row.
G’night keep up the fight.
THE EXILED TIM
00:41 on 16 November, 2013
Watered it doon and added sugar.
SydneyTim
23:17 on
15 November, 2013
Bournesoup. Aye I know. Resolution this and resolution that. Tosh tosh tosh
Last year Celtic fc had no strikers in top 5 spl scorers
This year we are not even in top 8
Wake up csc
Wasting your time here mate.”We cant get a striker to come to us””We will end up like the hun””We have Tony Watt”.Just some of the stock answers.
Margaret McG
Rigged ice cream????????????
Happy Monday?
Fran cheat ye by name fran cheat ye by nature..was what we called them
Margaret McGill
00:02 on
16 November, 2013
Turkeybhoy
23:53 on 15 November, 2013
best period of our history;
CL played 4 lost 3. oh yeah the huns are deid…ehhhh no they urny
I agree.Try telling that to SFTB.Oh,and throw in the Morton result.
Maggie
Now, with you being of the fairer sex, I would have thot that you would have know that if you water doon ice cream, it disny set !!!!
But I get the jist >}
HH
awe those 10p pieces going to pay for darios Stewart Melvilles ejjymication tae be an Indy 500 calamaity hero and me going tae kafflik school and end up w/a Ph.D. God luvvem
THE EXILED TIM
00:47 on 16 November, 2013
if yer 10 and have 2 pence colored ice is enticing :)
tigertim
00:42 on 16 November, 2013
Why did you post back your season ticket?
Maggie
When I wiz 10, I had never seen a 2 pence, never mind a coloured ice, what is the slush puppy world coming to….
HH
Whilst we are here,
And drinking Beer!
I’ve always wanted to use that line, ffs I just f’d it up.
There is no doubt society is now very secular.
Christians have to be very wary about the mental mad WANS who want to take control of all 7 spheres of society in the name of Christianity.
Doc
Cos he came out in sympathy with his name sake >}
HH
Tigertim
” everyone but the spivs inside Ibrox get the blame and the threats.”
There is a nail hit squarely on the head !
TET, :-)
The club is well run.
To not renew a ticket is understandable, to send it back, just asking why.
2 years ago.
BRTH, I asked Auldheid earlier, he may have missed it.
He mentioned earlier that those who had backed the resolution would be emailed with details, can you confirm this, and give us a estimated time for that?
Still backing the resolution, but have some questions.