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Surprise twist in Celtic’s 48 word Stock Market announcement

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Celtic confirmed the resignation of Neil Lennon with a Stock Market announcement at 7am. The man mainly responsible for a season of anguish had resigned, confirmed in 48 words.

A sacking or mutual consent was expected but when the news was confirmed in black and white Lennon, who has spoken recently of his plans for next season had resigned.

Alarm bells have been ringing since Ferencvaros departed Glasgow in August with a place in the third qualifying round of the Champions League but both Lennon and the Celtic hierarchy refused to take heed of the warnings on the park and concerns off it.

Tragically the absence of fans inside Celtic Park allowed the situation to linger on far longer than it would have had there been ‘fan engagement’ inside the stadium. Instead the board were insulated from reality, as detached as Dermot Desmond being texted results from whatever gold resort he is residing at.

This morning the club announced to the Stock Market:

Celtic PLC confirms that first team manager, Neil Lennon, has resigned and will leave the Club with immediate effect. The Club would like to thank Neil for his outstanding contribution during his time at Celtic as manager. John Kennedy will assume the role of interim manager effective immediately.

If the Ferencvaros result wasn’t enough of a warning a Glasgow Derby without a shot on target should have reinforced the message with three more home defeats on the bounce to endure in their lonely Directors Box.

But not even a 4-1 defeat from a second string Sparta Prague side followed by a Betfred Cup exit to Ross County impacted on the club’s decision makers.

On December 7 a managerial review was announced, beating Kilmarnock was taken as a sign of a turnaround when Lennon, Ian Bankier and Peter Lawwell provided in-house interviews from the virtual AGM. Then came Dubai and another disastrous run of results with the board still refusing to make the obvious decision.

Lennon is no longer the issue, or the shield. The spotlight is now on the less than dynamic duo remaining to paint a vision for the future, hopefully in-coming CEO Dom McKay has the common sense to appoint a properly qualified Football leader with agreed resources and targets.

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