The Celtic Trust has been able to increase their shareholding in the club on the back of a surge in membership.
Celtic’s spectacular downturn in performances coupled with the almost complete lack of engagement has created the perfect stage for the Trust to step in with David Low recently voted in as chairman
For over 20 years the Trust has been on the fringes of the Celtic support, locked in a forlorn battle with the club directors to have a fan on the board.
The case for the Living Wage forced the club into a climbdown despite the board claiming that the club would lose competitiveness if they took the policy on board but the Trust failed to build momentum from that matter.
One of the biggest handicaps has been the perception that the Trust is only open to shareholders but that isn’t the case. For a subscription of £5/month fans can join the Trust with funds used to purchase more shares.
With the traditional supporter groupings such as the Association of Supporters Clubs silent on current matters it seems that the Trust are in place to become a voice for fans.
Share purchase announcement:
Based on the subscriptions built up in the last two days, the Trust is delighted to announce that we have today increased our shareholding in Celtic PLC . We will make further purchases on a regular basis as funds permit.— Celtic Trust (@TheCelticTrust) December 8, 2020
Very small…for now
— Celtic Trust (@TheCelticTrust) December 8, 2020
You wouldn’t be handing them over. If you join the Trust you would own shares in common with all other members. Up to you but is there any need to be so rude?
— Celtic Trust (@TheCelticTrust) December 8, 2020
Fundraising is also something we want to do, you are quite right.
— Celtic Trust (@TheCelticTrust) December 8, 2020
Got you
— Celtic Trust (@TheCelticTrust) December 9, 2020