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CELTIC AGM 2017 – RES 12, 2013 UPDATE

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CELTIC AGM 2017. Res12 2013 Update from Auldheid, released after he questioned the Celtic board on Res 12 at today’s AGM. Statement reads as follows…

“In the past year the Club has continued to work with shareholder representatives to seek to achieve a satisfactory solution to the concerns raised by both the board and shareholders regarding issues of football governance. Shareholders raised their initial concerns via Resolution 12 from our AGM in 2013, relating to Scottish FA licensing procedures in 2011.

“At that meeting a vote was taken to adjourn the resolution indefinitely to allow further enquiries to be made of the SFA and if necessary UEFA.

“Having raised the matter with the Scottish FA in 2011 and 2012, the Club had received assurances as to the process followed. Following the concerns raised by shareholders, over the last four years the Club has continued to work with shareholder representatives to seek further clarification on various matters, and the matter was, and continues to be reviewed, by the Board on a regular basis.

“Over those four years, the Club has corresponded with the Scottish FA, and independent solicitors instructed by the shareholders have also corresponded with the Scottish FA, providing them with information for consideration and asked further questions regarding governance procedures.

“The responses received thus far did not address the concerns raised.

“At the same time, court proceedings which related to the issues raised in correspondence were progressing in the Scottish courts. The Club and shareholders agreed to await the outcome of those proceedings.

“Following the conclusion of those court proceedings, the Club called upon the Scottish FA to hold an independent review of all matters, including the licensing processes followed in 2011, which are of importance to the governance of football in Scotland. The SPFL also called for a review.

“Regrettably, the SFA declined to hold such a review.

“The Club remains of the view that an independent review established by the Scottish FA and SPFL presents the best opportunity to allow lessons to be learned and recommendations made to ensure effective governance moving forward so that such events cannot happen again.

“However, the Board and shareholders welcomed the SFA’s decision to refer the specific issue of UEFA licensing procedures in season 2011/2012 to the SFA Compliance Officer for him to review.

“The Club awaits the outcome of that review with keen interest and will review matters with shareholder representatives at that stage.

“The Board will take appropriate steps to promote and protect the interests of the Club and will continue to work closely with the shareholders’ representatives.”

Statement ends.

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