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Celtic shareholders take Resolution 12 battle with the SFA to UEFA

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Image for Celtic shareholders take Resolution 12 battle with the SFA to UEFA

Champions LeagueA group of Celtic shareholders will present UEFA with their evidence and concerns over the SFA license given to Rangers (IL) for the 2011/12 season.

It had been hoped that the club would present the issue to UEFA but after meeting with the board a group of shareholders will take the issue to Switzerland.

The matter was first raised as Resolution 12 at the 2013 Celtic AGM with the matter revolving around the SFA allowing Rangers (IL) to participate in the Champions League qualifier with Malmo despite having an outstanding tax bill.

The tax owed arose from the Wee Tax Case used to entice Tore Andre Flo and Ronald de Boer to Ibrox, despite not declaring their full earnings to the SFA and SPL no action was taken against the club.

UEFA’s licensing system is to ensure that clubs meet their social taxes rather than bodyswerve their responsibilities in order to pick up on the riches from European competition.

Having banked over £10m from their 2009 and 2010 Champions League campaigns the plan at Ibrox appears to have been to reach the group phase whatever the consequences.

A group of concerned Celtic shareholders raised the issue with the club who were eventually convinced of the case but despite various legal letters sent to the SFA the issue of an overdue tax payables hasn’t been answered by Stewart Regan’s team.

Picking up on the story on the Celtic Quick News website yesterday respected blogger Brogan, Rogan Trevino and Hogan explained: “There will be a formal letter going to UEFA through solicitors, as requested by the PLC board, and that same PLC board will formally be invited to confirm their involvement in the discussions with the SFA etc thus far.

UEFA will also be provided with a copy of the most recent letter from the SFA to Celtic Plc on the topic – that letter is dated 15th March as I recall – and once again it fails to answer any material point on the basis that shareholders are not named and that the SFA prefer to deal only with the member club on the topic concerned.

What else they have told “the member club” we don’t know as it has not been shared with us. I repeat – for the umpteenth time – that when the resolution, it’s content, aims and objectives together with the supporting evidence was considered by the Celtic PLC board, that same board on the basis of professional advice, withdrew their opposition to the resolution and publicly stated at the AGM’s of 2013, 2014 and 2015 that they would work with shareholders to pursue the aims of the resolution and that they would continue to correspond with the SFA on the matter. NOTE the word CONTINUE!!!

Not only have the board written to the SFA they have had meetings with the SFA through the company secretary and he has reported back to the resolutioners and indeed encouraged them to take certain action. As of last week, he was still encouraging them to take action by writing to UEFA.”

Within six months of losing to Malmo Ally McCoist’s club was placed in administration before having their CVA rejected by Her Majesty in June 2012 forcing the 139 year-old institution to begin liquidation.

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