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 Dermot Desmond as the majority shareholder, who acquired control of the club in 1999.
Lindsell Train Limited also holds shares in Juventus, making it the Italian club's third-largest shareholder.
No comment from the parties involved was provided.
This change in ownership structure may have implications for the club's future decisions and operations.
Author's summary: Celtic's second-largest shareholder reduces stake by 0.69%.
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