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Daily Record
Daily Record
Sport
Graeme Young

Celtic Trust reveal season ticket refund alternative as they urge board to consider share issue

The Celtic Trust have urged their team to seriously consider a share issue as an alternative to refunding supporters cash for their season tickets.

Parkhead supporters have been left miffed after a season to forget with rivals Rangers romping to the earliest title win in Scottish football history.

Former manager Neil Lennon faced significant calls to go before his eventual departure in February and long-serving chief executive Peter Lawwell will retire in the summer after 17 years at the helm.

Fans are looking for answers on whether they will be offered refunds on their season tickets - which start at £510 - but the Trust are urging the board to seriously consider an alternative proposal that will see money remain in the club.

It comes weeks after the Trust revealed they were in consultation with the club with fans unable to attend any game this season amid the pandemic. Celtic take in around £25m annually on season ticket sales.

A full house at Celtic Park is a long way off (SNS Group)

Now they propose a share issue will retain funds, put the club on a solid footing with supporters and offer the next generation of fans to become stakeholders in the team they support.

David Low, who chairs the trust, explained: “Due to Covid, it’s a very difficult time for the whole sport and as Celtic fans we’ve had a very disappointing season. We want to help retain cash within the club and encourage season ticket sales for next season.

"We want to start next season in as strong a position as possible and our proposal helps achieve that objective.”

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