CELTIC Football Club and Glasgow City Council have been cleared of any wrongdoing following an investigation by the European Commission into historic land deals.
The European Commission carried out their duty after a complaint was made that Celtic had benefited from State Aid.
The alleged deals concerned areas around Celtic Park.
The club called the accusations “baseless” and preposterous” when they were first revealed, and their insistence has been backed up by the European Commission.
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A statement read: “Following complaints of citizens, the Commission carried out an informal, preliminary investigation into alleged aid provided by the City of Glasgow to the Celtic football club.
“Contacts with the UK authorities and information received from authorities however did not confirm that Celtic received any state aid, because the City did not grant any financial advantages to the club.
“Therefore, on the basis of the available information, the Commission’s services did not see a basis to investigate the matter further.”
A council spokesman said: “We are pleased that the Commission has found in our favour following its consideration of the claims of State Aid.”
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