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31 Oct 2018 15:48:17
Dermot Desmond €2,400million
John Magnier €2,300million
JP McManus €2,100 million

Figures as at 2018.

There's quite a few more. I won't list them. How can Super high net worth individuals who love our club contribute?

They've all collaborated in business ventures before. They all love Celtic.

It's 20 years since the Bunnet left. Perhaps it's time for corporate restructuring and a different business model at the club? Collaborative shareholding's. You have to keep ahead of the times and up to date with FIFA and UEFA club developments. Ideas that were sound 20 years ago are superseded now.

Placing an endowment, say €200million each, in an escrow account to be drip fed into the club over the next fifty years would underpin the club's health, survival and dominance as a wonderful legacy.

Hearts have already delivered the "donation" precedent.

Of course, further receiving Will legacies into the fund from all and sundry would be a marvellous initiative to contribute to Celtic's dominance. Give your money to Celtic.

Agree4 Disagree0

31 Oct 2018 16:05:41
I've never understood why so many affluent, wealthy and high profile, Celtic 'fans' have never seriously invested in the club.
Obviously, there are many legal and administrative requirements that are above my head, but even when we were at the 11th hour in 1994, it was the relatively unknown Fergus McCann who stepped in and not one of the rich and famous faces who like to be associated with Celtic.

31 Oct 2018 16:24:49
The wealth accumulated by the above named would not have been possible had they invested in Celtic. To suggest they invest €200million is ludicrous they are astute business men who invest their money for a decent profit hence their wealth. As Celtic fans we love that type of investment but as long as we are playing in scotland that won’t happen . oldkilly.

31 Oct 2018 16:29:55
Because there business men first and foremost and won't make money out of Celtic.

31 Oct 2018 16:59:00
If we had three or four billionaires (Strictly fans) holding significant shares in Celtic Plc I would feel more comfortable.

There’s a major issue surrounding what happens when the largest shareholder sells up or retires or pops their clogs? Does the eldest Son take up the mantle? Does he support the club as passionately?

The recent helicopter accident at Leicester City FC was a terrible and sad incident, yet it now throws up large questions surrounding club security and what happens in the future? Will the family continue to support LC now Vichai has departed?

We must mitigate such risks with clearly understood long term legacy planning for generations. Perhaps this has indeed been thought through but not communicated to club stakeholders; fans, shareholders and employees.

Who will own the club in ten years? In 15 years? 20 years? How do we ensure it will survive and thrive the next 100 years?

31 Oct 2018 17:04:22
Maybe they're not as daft on celtic as us peasants. Their love of money outweighs their love of celtic. Personally I'd rather see them give their spare cash to the poor and try n put a dent in the ever growing financial gap between the rich and poor. I don't care how hard someone claims to work being a billionaire should not be legal.

31 Oct 2018 17:46:51
Grey Heid Bhoy I’m led to believe it’s Dermot Desmond’s sons who are Celtic mad and encourage their father to invest in the club and they will continue when he retires. Celtic have survived since 1888 and will continue to do so regardless of who is at the helm, why, because of who we are. oldkilly.

31 Oct 2018 18:21:37
I suggested the reasonable €200m each because I didn’t want them to go hungry.

If the plan is to keep the club a Desmond family heritage legacy, that needs to be formally communicated to us all. It’s important. And it raises the question, are we happy with that?

31 Oct 2018 19:10:20
His wealth is probably in some offshore account, him investing 200million euro would mean giving a large slice to the tax man which he doesn't want to do haha.

31 Oct 2018 19:26:05
Can’t take it with you.
Splash the cash billionaires.

31 Oct 2018 17:48:19
Even Rod Stewart is knighted and supposed to be worth £250million. I bet DK and the three Bears don’t have £250m.

However, their collaborative shareholding at Sevco makes the difference and allows continuity if one falls off the bandwagon.

Four billionaires having 15% each at Celtic, each with their man on the board delivers continuity over retirement/ death. It delivers new ideas, legacy planning, security, multiple cash sources, more contacts, and shares the love.

An escrow account fund with its own board of honest notables would accrue significant interest each year such that the original funds would not diminish.

We now live in an age of Red Bull’s, Vichai’s and Arabs and Abramovich’s fielding teams worth several hundred million.

We need to think differently and bigger to when the Bunnet walked away. It’s a much different world.

31 Oct 2018 21:24:39
I’d like to see the SFA take on a Celtic with four billionaire Owners with around €9,000 million behind them. Regarding their Judicial panels and breaking their own rules. And generally acting to the detriment of our club.







 

 

 
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