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Celtic board stall over Resolution 12

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The Celtic board of directors will meet with a group of shareholders next week to discuss Resolution 12.

The controversial issue was raised at the 2013 AGM and requested that UEFA is brought in to investigate why Rangers (IL) were given a licence by the SFA in 2011 while having an overdue tax bill.

It had been anticipated that the club would make a statement today on the matter but chairman Ian Bankier announced that a meeting with the requisistioners had been arranged for net week.

UEFA regulations prevent clubs with ‘overdue payables’ from playing in their competitions in a bid to ensure some sort of level playing field.

By refusing to pay the £2.8m tax bill, which dated back over a decade to illegal payments made to Tore Andre Flo and Ronald de Boer, Rangers were able to sign players like Nikita Jelavic who helped deliver the 2011 title. Ironically, Rapid Vienna, who sold Jelavic were one of the footballing creditors when Rangers went into liquidation.

The Celtic shareholders have obtained correspondence from UEFA which is clearly at odds with the version of events given to Celtic by Shareholders who believe that if the SFA had followed the correct procedures it would have been Celtic that entered the 2011/12 Champions League qualifiers and not the soon to be liquidated club from Ibrox.

CLICK HERE for Rodgers’ one liner brings the house down at Celtic AGM.

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