The Celtic Trust have bought more shares in the club on the back of a surge in membership.
Sunday’s BACK THE TEAM, SACK THE BOARD, demonstration went well with a clear divide established between the team on the park and the suits in the boardroom.
The attitude from the Chairman and Chief Executive to shareholders during Monday’s AGM did nothing to convince fans that they share their ambitions of having a club punching their weight in Europe.
More shares: The Celtic Trust has purchased another 3999 shares today using the subscriptions of members. We intend to do this regularly and will update you here.
— Celtic Trust (@TheCelticTrust) December 15, 2020
On Thursday morning the Trust is having a meeting with the club which is likely to involve Peter Lawwell who has been the subject of much of the criticism from fans.
Celtic shares are currently trading at around £1 with a year high of 162.5p and a low of 85p according to Hargreaves Lansdown.
Purchasing almost 4,000 shares won’t have any impact on the balance of power at the club but if the Trust are able to keep on buying shares trading towards the year low they could get towards the 5% stake which would allow them certain rights.