stephenrfcno1 1 Posted February 14, 2012 Share Posted February 14, 2012 Was speaking to a mate who pointed out to me that when they had there own problems in 94 they had to change there name from c*ltic football and atletic plc to the celtic football club rendering them a "new comp" and then meaning that they only exist since 94.Just out of interest does anyone remember this or know if there is any truth in the claim so that i have a small bit of ammo for the slagging that we will take! Quote Link to post Share on other sites More sharing options...
Teh Proffessar 26 Posted February 14, 2012 Share Posted February 14, 2012 *Their* Quote Link to post Share on other sites More sharing options...
NorthUistBear 86 Posted February 14, 2012 Share Posted February 14, 2012 from wiki the Bank of Scotland informed Celtic that it was calling in the receivers on 3 March 1994 as a result of the club exceeding a £5 million overdraft. However, expatriate businessman Fergus McCann wrested control of the club, and ousted the family dynasties which had controlled Celtic since its foundation. According to media reports, McCann took over the club minutes before it was to be declared bankrupt. McCann reconstituted the club business as a public limited company - Celtic PLC Quote Link to post Share on other sites More sharing options...
Spectre 1,663 Posted February 14, 2012 Share Posted February 14, 2012 I don't think it's true, more than likely their situation was just the same as countless other clubs when taken over, the parent company of Rangers now is a new company from that which owned us under Murray Quote Link to post Share on other sites More sharing options...
Mr Struth 137 Posted February 14, 2012 Share Posted February 14, 2012 It went from a private company to a plc Quote Link to post Share on other sites More sharing options...
alstone 374 Posted February 14, 2012 Share Posted February 14, 2012 There Quote Link to post Share on other sites More sharing options...
radlord 24 Posted February 14, 2012 Share Posted February 14, 2012 they're Quote Link to post Share on other sites More sharing options...
Jimbo. 952 Posted February 14, 2012 Share Posted February 14, 2012 they'reBeat me to it. Quote Link to post Share on other sites More sharing options...
TheNuts 552 Posted February 14, 2012 Share Posted February 14, 2012 they were 8mins away from going under apparently. who cares about them, we have a big problem on our hands atm Quote Link to post Share on other sites More sharing options...
ConorRFC51 38 Posted February 14, 2012 Share Posted February 14, 2012 Their's wasn't a tax problem AFAIK? Quote Link to post Share on other sites More sharing options...
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