Celtic Shareholder Reduces Stake
Celtic's second largest shareholder, Lindsell Train Limited, has reduced its stake in the club by 0.69%, equivalent to 750,000 shares.
The decrease, confirmed on October 14, sees Lindsell Train's voting rights in the club drop from 16.39% to 15.70%.
Despite this reduction, Lindsell Train Limited remains the club's second-largest shareholder, with majority shareholder Dermot Desmond maintaining control.
- Lindsell Train Limited also holds shares in Juventus, making it the Italian club's third-largest shareholder.
No comment from the company is available at this time.
Celtic's majority shareholder, Dermot Desmond, acquired control of the club in 1999.
Author's summary: Celtic's second largest shareholder reduces stake.