The Celtic board of directors have agreed to a meeting next week with club shareholders who are seeking clarification of the Scottish FA’s decision to grant Rangers a licence to play in European football in 2011-12.
The issue, which has come to be referred to as ‘Resolution 12’, was first raised at Celtic’s agm in 2013 by requisitioners who claimed the club had potentially lost out on millions of pounds of Champions League revenue they could have earned had they gained entry to the Champions League qualifying rounds instead of Rangers in 2011.
The Ibrox club received a Uefa club licence that year despite having an outstanding £2.8 million payment due to HMRC over their use of a discounted option scheme, commonly referred to as ‘the wee tax case’.
Uefa regulations demand that any clubs competing in the Champions League or Europa League publicly declare any ‘overdue payables’ to tax authorities.
The Scottish FA have always insisted they acted correctly in their assessment of Rangers’ accounts at the time of approving the application for a Uefa club licence in March 2011. Rangers lost out to Malmo in the qualifying rounds of the Champions League, then Maribor in the play-off round of the Europa League, at the start of the 2011-12 season which ultimately saw them led into administration and liquidation under Craig Whyte’s ownership.
The ‘Resolution 12’ shareholders at Celtic have continued to lobby Uefa over the issue and now the board of the Scottish champions have agreed to further dialogue.
Speaking at Celtic’s agm today, Celtic chairman Ian Bankier said: “We continue to meet with shareholders representatives on resolution 12. We understand they have received communication from Uefa on the issue and we will meet with the shareholders next week to understand that communication and how they are moving forward.”