Celtic fan ownership ‘rises’ as Trust confirm purchase of further 10,000 shares
The acquisition of an additional 10,000 shares in Celtic has been confirmed by the Celtic Trust.
And as a result, according to the group, they currently possess 170,000 shares collectively, making them the eighth-largest shareholder in the Hoops. Celtic is a publicly traded corporation, and with a 34.65% ownership holding, non-executive director Dermot Desmond is now the club’s largest shareholder. With more than 10.3 million shares, advertising magnate Chris Trainer holds the second-highest number of shares in the club.
Furthermore, the Premiership winners’ eighth-largest stakeholder as of right now is the Celtic Trust. “Fan ownership of Celtic shares rises,” the Trust stated in a brief statement that was issued on X. An additional 10,000 shares have been acquired by the Celtic Trust bringing our collective shareholding to 170,000. We are now the 8th largest single shareholder in Celtic.”
The Celtic Trust were formed in 2000 and say that their end goal is to see Celtic as a fan-owned club in the future.
On their website, the supporters’ society states: “The Celtic Trust was established in an effort to keep the club from ever falling into the hands of one individual or group.
“Our ultimate aim is for Celtic Football Club to be owned and run by its own supporters in the best interests of the team on the pitch and in line with the values and activities of its charitable history.”
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