Everything You Need to Know About the Chaotic Celtic AGM
AGM Halted Early:
Celtic’s Annual General Meeting descended into disorder, forcing chairman Peter Lawwell to bring proceedings to an abrupt halt. What was meant to be a full agenda lasted only minutes before being paused and ultimately shut down altogether due to the escalating disruption.
Shareholders Revolt:
Tension erupted almost immediately as shareholders raised red cards and chanted “sack the board,” signalling deep dissatisfaction with the club’s leadership. The loud and coordinated protest made it impossible for the meeting to continue as planned.
Ross Desmond Sparks Outrage:
Representing major shareholder Dermot Desmond, Ross Desmond intensified the unrest by delivering a prepared statement condemning the protestors. He described the anti-board attendees as “shameful,” accusing them of bullying and aggressive behaviour, which only inflamed the room further.
Transfer Window Regrets:
CEO Michael Nicholson conceded that the club fell short in the summer transfer market. He acknowledged that mistakes were made and admitted that the board shares supporters’ frustration over the failure to deliver all planned squad reinforcements.
Cash Reserves Under Scrutiny:
One of the biggest points of anger was Celtic’s hefty cash reserve—reportedly close to £80 million. Shareholders questioned why such significant funds were not used to strengthen the squad after what many labelled a disastrous transfer window.
Managerial Future in Doubt:
Fans and shareholders demanded clarity over the ongoing managerial vacancy following Brendan Rodgers’ departure. With Martin O’Neill serving only as interim boss, many expected the board to announce or at least outline their succession plan, but no answers came before the meeting collapsed.
Lawwell Stands Firm:
Despite acknowledging recent failings, Lawwell defended the board’s wider track record, highlighting the club’s trophy success and consistent qualification for European group stages. His remarks did little to ease tensions in the room.
Unfinished Business:
The premature ending meant none of the 17 planned resolutions—including director re-elections—were addressed. Shareholders were also denied the opportunity to question club leaders in the Q&A session, leaving major issues unresolved.
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