The Celtic Trust confirmed they had acquired more shares in the club on Tuesday evening after a ground well of support and sign-ups from fed up Celtic fans.
The fan led group had a very positive meeting on December 5th which has been followed up by a large number of new sign-ups ready to help the trust get as many shares as they possibly can.
It’s easy to sign up for The Trust and you can set up a subscription with them for as little as £5pm. You can also make one-off donations
Their goal is to acquire as many shares as possible to have a bigger say on what goes on at board level.
So many supporters are disillusioned with the current Celtic board and have turned to the supporter led organisation for hope.
The official Celtic trust account confirmed they have upped their shares in the club as a result of new support from the Celtic fans.
Share purchase announcement:
Based on the subscriptions built up in the last two days, the Trust is delighted to announce that we have today increased our shareholding in Celtic PLC . We will make further purchases on a regular basis as funds permit.— Celtic Trust (@TheCelticTrust) December 8, 2020
They have been very active on social media and gave fans an idea of the power which the support could hold the more people get on board.
If we have 50,000 members subscribing £10 pm we’ll have an annual cashflow of £6m. Over 5 years that’s £30m to buy shares. Remember when you become a Celtic Trust member you become a part owner of the shares. All members are equal.
Join @ https://t.co/vrbTBFKTiy.
— Celtic Trust (@TheCelticTrust) December 6, 2020
The more power the fans have, the more we can legitimately affect change. Whether that be a representative on the board or just being able to hold the current board to account in a more effective manner in the future.
