compo 6,219 Posted November 19, 2013 Share Posted November 19, 2013 Today I came across a copy of the celtic share prospectus going back to 1994 and as they are always bumping their rancid gums about name changes etc there is a bit on page 26 from Pannell Kerr Forster chartered accountants and its says this . On the 15th December 1994 the company's name was changed from the celtic football and athletic company , to celtic limited and the company was then re-registered as a plc .On the 15th of December 1994 the company acquired pacific shelf 595 limited a dormant company which has not traded since incorporation and changed that company's name to the celtic football club and athletic company. why did they change it in the first place can anyone explain this . 0 Quote Link to post Share on other sites More sharing options...
D'Artagnan 173 Posted November 19, 2013 Share Posted November 19, 2013 It changed again - I think in 2002 compo. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted November 19, 2013 Share Posted November 19, 2013 Bluedell knows all about the history of that I believe. There was also one company connected to them put into administration for something like 15mill I believe. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,356 Posted November 19, 2013 Share Posted November 19, 2013 They changed the name of the old company to make it a tidier plc name. They bought Pacific Shelf 595 Ltd and changed its name to protect the old company name. That company has minimal trading. They subsequently had another company HMS 402 Ltd IIRC and changed its name and it became the football club (ie the company that actually plays the games). The stadium and the players are still owned by the plc. 0 Quote Link to post Share on other sites More sharing options...
compo 6,219 Posted November 19, 2013 Author Share Posted November 19, 2013 there is also a bit titled the keane loan facility where they got a loan of one million pounds from a person called edmund keane to buy player repayable exactly one year after getting the loan and repaid in full probably all legal but then I don't understand most of it 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,356 Posted November 19, 2013 Share Posted November 19, 2013 there is also a bit titled the keane loan facility where they got a loan of one million pounds from a person called edmund keane to buy player repayable exactly one year after getting the loan and repaid in full probably all legal but then I don't understand most of it We got loans from people as well (Rangers Youth Development). Don't see it as a big deal. 0 Quote Link to post Share on other sites More sharing options...
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