The vote on Resolution 11 of 2020, relating to Resolution 12 of 2013 was heavily ‘defeated’ yesterday but like many complex issues the devil is in the detail.
For eight long years a dedicated group of Celtic shareholders have been investigating, questioning and challenging the 2011 UEFA licence given to Rangers by the SFA which allowed them to take part in Champions League qualifiers.
According to UEFA Financial Fair Play regulations clubs must be upto date with social payables (taxes) to play in their competitions. The idea is that clubs don’t go chasing Champions League windfalls to pay the tax bills put on hold to chase success on the football park.
Celtic finished second in the 2011/12 SPL title race while being upto date. Across the city it is well documented that £2.8m was overdue to HMRC while the club committed £4m to the signing of Nikita Jelavic with part of that fee unpaid when the club went into administration in February 2012.
It seems like a clear error by the SFA in providing the licence- and denying Celtic a place in the Champions League qualifiers- but the hoops board has appeared very reluctant to challenge that decision.
One of the shareholders pushing the issue, Auldheid, reacted to the vote and its interpretation, highlighting that the Celtic board are now obliged to challenge the 2011 decision through UEFA although no timetable has been offered.
Joe, It wasn’t “defeated” It was no longer necessary bcos all the investigation it wanted UEFA to do is done and UEFA Integrity UNIT have had the results since May and July. So Res12 has enabled shareholders to do what Celtic wouldn’t agree to. So its not necessary. However what
— Auldheid (@Auldheid) December 15, 2020
Is required is to challenge why SFA did not continue with their judicial review that prevented the SFA following their own rules. In the AGM papers, as opposed to what Bankier said at AGM, Celtic have said ” they will engage with the relevant authorities as appropriate
— Auldheid (@Auldheid) December 15, 2020
in the interests of the Company, providing an update when possible.” That was approved by Bankier before AGM papers published so Bankier has failed to convey accurately to shareholders what Celtic agreed to do. Is it any wonder shareholders do not trust what The Board says?
— Auldheid (@Auldheid) December 15, 2020
How Bankier can say PL is not compromised is astounding without an explanation of PLs denial of sight of 5 Way Agreement at 2019 AGM. Both PL and E Riley knew the content of 5 Way b4 2013 AGM yet PL insisted requisitioners use SFA to establish the facts. Deliberate or mistake?
— Auldheid (@Auldheid) December 14, 2020