Celtic shareholders have called on the clubâs board to opt out of joint sponsorship deals with rivals Rangers. In a resolution to be placed before the Parkhead clubâs annual general meeting next month, a group of shareholders describes the sponsorship deal as "increasingly unpopular with supporters". The shareholders ask in the proposal for the board to end the current join sponsorship deal the two Glasgow clubs have with Tennent's and either find an alternative, play with no sponsor or seek a suitable charity to promote on the offiical kit, in a similar move that Barcelona took with Unicef. In response to the shareholdersâ resolution, the Celtic board has stated that it would not back such a proposal as it would "seriously limit the number of potential sponsors available and hinder the company unnecessarily in any sponsorship negotiations that did take place." The resolution put forward by a group of unidentified Celtic plc shareholders states: "In recent years the joint shirt sponsorship with Rangers FC has become increasingly unpopular with supporters, as has the term 'Old Firm'. This is an opportunity for Celtic FC to distance itself from this unwanted alliance and pursue its own path, which, given the financial and other difficulties, including alleged serious misconduct, currently being experienced by Rangers, is expedient and highly desirable. "In the event of a sponsor not being willing to deal with Celtic alone, the club should still refuse joint sponsorship and play without a shirt sponsor. The club could then celebrate its charitable roots and seek the agreement of an appropriate charity, preferably locally based, and display a suitable logo on the match shirt." Celtic and Rangers signed a sponsorship deal with Tennent's in 2010, which comes to an end next year. In response to the resolution, the clubâs board stated that sponsorship deals are "shaped not only by what the board considers to be in the companyâs best interests but also the commercial position of the proposed sponsor, and the marketplace." The board added: "The terms and conditions upon which such transactions are entered into are commercially confidential. Whether a sponsor also wishes to contract with another football club is a matter for that sponsor, taking account of its own commercial interests and objectives. "The directors consider that the approach suggested would seriously limit the number of potential sponsors available and hinder the company unnecessarily in any sponsorship negotiations that did take place. That is not considered to be in the best interests of the company and shareholders are therefore recommended to vote against the resolution." http://local.stv.tv/glasgow/196020-...ll-for-end-to-sponsorship-deals-with-rangers/
I couldn't care less about the sponcer I haven't boycotted sport direct like others. I don't drink McEwens Lager but that is cause I have the sense of taste.
Tennents shirley were not bound to sponsor Sevco? They must have agreed to deal with Sevco. Reduced terms over the same period? Same terms as the deal with Rangers over the same period? A motion to say we will not explore following the same sponsors as a toxic brand is unnecessary, however I fully expect us to explore every commercial opportunity with or without Sevco looking at the same sponsor.
Stop joint sponsorship .. distance oursleves from Rangers. They have their own Glasgow rivals now. Remove the Old Firm tag - no longer exists! Sponsor idea: "Celtic Charity Fund"
Celtic need maximum sponsorship, we cannot afford to be choosy. Financially Celtic are in a good solid basis, we want to keep it just like that by maximising our income without bleeding us the supporters. I have no interest if Rangers/or Sevco have similar sponsorship deals as us. They had the same#deal for years and what good did it do them. None they disappeared in a sad drowning or liquidation. I think Sevco will be going the same way with or without sponsorship. Administration and Liquidation is the only short term way Charlie Green will make his money and keep his promise of Them never playing in the SPL whilst he is involved. We all Charlie is a man of his word.
This must be the only thing Rangers are up to that you have no interest in. Some ****er has been messing with the thermostat in Hell.
Venom you have me all wrong. I was interested in Rangers not paying their Nat. Ins and Inc. Tax collected from their employees last year. This year I am interested in applications fort heir prospectus and how many £3 they lose. ( I mean Sevco of course.)