What Are We?

CSL is a vehicle for shareholders, season ticket holders and supporters of Celtic Football Club to unite around and to articulate a collective view to the Board of directors of Celtic plc on matters of importance concerning our football club. We are a professional organisation (see Our Team) with high standards of governance. We seek to influence the future direction of our club and to protect the interests of all stakeholders. We aim to ensure our collective voice is heard. We are not a protest movement.
CSL is a company limited by guarantee and registered in Scotland. It does not have shareholders. It’s directors will be elected by its members in general meeting. All members have one vote each. All members are equal.

Our Goal?

We believe the interests of small shareholders, season ticket holders and supporters in general are not adequately represented by the directors of Celtic plc. We intend to hold those directors to account for their actions. We believe that since Fergus McCann’s departure from the club in 1999 the balance between the corporate interests and smaller shareholders and season ticket holders has been lost. Our objective is to see that balance restored and for supporters and stakeholders to be respected and united.

How?

We intend to progress our objectives through a high profile marketing campaign which will seek to develop a significant membership base. There will be three principal strands to our endeavours:

‘Untraced’ shares. All football clubs have a significant problem with ‘untraced’ shares and none more so than Celtic plc. Celtic plc has approximately 28,000 shareholders of which up to 20% is characterised as ‘untraced’. We intend to offer shareholders a service which will help locate these shares and re-unite supporters with their shareholdings and unclaimed dividends.

Membership fees will principally be applied to costs associated with re-activating ‘untraced’ shares and acquiring Celtic plc shares off-market and via the AIM market operated by the London Stock Exchange. No fees or salaries will be paid to directors or officials of CSL.

Shareholders will be asked to grant their proxy vote to the CSL instead of the chairman of Celtic plc to vote at general meetings of shareholders of Celtic plc.
We shall make a proxy form available to all shareholders on our website.

In conclusion, our mission is to give ordinary shareholders and supporters a voice that they currently don’t enjoy with the regime managing our club.

Duncan Smillie
Chairman
Celtic Supporters Limited