Celtic Trust Launches Urgent AGM Appeal

The Celtic Trust has issued an urgent appeal to Celtic PLC shareholders, urging them to sign and return key forms before Monday, October 20, to ensure two resolutions appear on the agenda for next month’s 2025 AGM.

The Trust says it was advised that the official deadline for shareholder resolutions had already passed, despite making earlier written requests for clarification. However, the group has since been told that if the necessary forms are submitted by Tuesday, October 21, the motions can still be included in the official AGM notice, leaving just days for shareholders to act.

This eleventh-hour call comes at a time of mounting frustration among supporters over the club’s direction and lack of transparency. The Trust’s resolutions target both the structure and leadership of the Celtic PLC board, pushing for clear reform and accountability at executive level.

Supporters who hold ordinary shares are being asked to visit the Celtic Trust website to access the required forms and back both motions before the looming deadline.

Resolution 1: A strategic review and published plan

“This AGM instructs the Board to prepare a strategic review and a published report with a football, financial, and strategic plan (medium term i.e. 3–5 years).
The plan should contain a clear stated strategic aim and measurable football and financial goals for the board to target. Remuneration should be linked to achieving those goals.”

Supporting statement:
“It is abundantly clear that the gradual erosion of trust and confidence in the board has now reached a critical stage. Regardless of whether there are changes at Board and executive level, a published strategic plan (not a wish list) would both address the clear problems with the company and provide the degree of transparency and openness to start to repair the rift between the Board and the supporters/shareholders.”

Resolution 2: No confidence in senior leadership

“This AGM has no confidence in the Chief Executive, the Chairman and the Chief Financial Officer of Celtic PLC. Their handling of successive transfer windows; development of the stadium and fan engagement are not what should be expected for a club of Celtic’s stature. We further call on those non-Executive Directors who have been in place far too long and who consistently fail to hold the Executive Directors to account, to resign.”

Supporting statement:
“In 2021, a resolution was put to the Celtic PLC AGM calling for the replacement of Non-Executive Directors who have been in place for far longer than is healthy in terms of governance. While this was not passed due to bloc voting by major shareholders, it was overwhelmingly carried in the room.
Since then, the situation has deteriorated both at Executive and Non-Executive level. Four of our NEDs have served for 15+ years, two are entering their third decade and one is entering their fourth. We contend that only a complete refresh of the Board will now resolve the situation.”

With pressure already building on the Celtic hierarchy following months of supporter unrest, these resolutions mark the most direct challenge yet to the club’s leadership.

For the Trust, this is about accountability and rebuilding trust between the board and the supporters who fund the club. For shareholders, the message is simple, act now, or risk losing your chance to push for real change.