Celtic Land Deals

[StuGers 477]

https://footballtaxhavens.wordpress.com/2017/02/09/district-valuer-condemns-glasgow-city-council-concessions-with-celtic-in-february-2007/

 

Another blog on the land deals (remember this is only for the land around Celtic Park, there are separate questionable deals for the training ground).

 

This must surely come to light eventually. It may make for interesting times when GCC switches power if any digging is done to incriminate the precious regime. Could be a big political goal scored.

[ian1964 10,761]

Sons of Struth.

 

WHATS GOING ON DOWN CELTIC WAY?

 

For a few years now a group of guys have been investigating land deals done for and on behalf of Celtic FC.

Their three main concerns surround

1) Land purchased within "Celtic Triangle" at Celtic park

2) Land purchased at barrowfield named "westhorn" and "Strathy Park"

3) Land deals and a service level agreement at Lennoxtown.

Over the course of a few blogs I will use their evidence and present it in a factual manner whilst refraining from using conjecture and opinion. This should allow the reader to form their own opinions and judgement.

This first blog shall concentrate on the Celtic triangle land outside Celtic park but will ignore the London Rd primary school building as this will feature in a separate blog.

The land outside the main stand at Celtic park is divided in to five pockets for valuation purpose. These pockets were described as "industrial" land by Glasgow City Council for valuation purpose. The council agreed a price of £100k per acre after Celtics initial £50k per acre offer. This is despite freedom of information paperwork showing the district values valuation of £125-£150k per acre and his concerns years ago that at least two pockets of land could be easily used for other purpose eg hotels etc. GCC never looked for competitor bids declaring the land would only be used for football related use.

In documents below you will note the DVs disappointment that terms were finalised and claim GCC were of similar mind to him yet changed their mind. He went on to claim "the terms are not commercial some represent a windfall to Celtic FC". He also claims he and GCC were aware that Celtic were limited to £675k for the project and this made negotiations difficult.

With Nostradamus strike predictions, he went as far as correctly predicting Celtic could easily use at least two pockets for non football use and ten years later Celtic are preparing plans for a hotel directly on the land described by GCC as "industrial" which they used for discount purposes.

In summary GCC used the wrong description of land to justify price, they ignored DV valuation, they ignored DVs concerns and Celtic benefitted by obtaining land at discounted rates that they now plan to build a non industrial and non football project hotel on.

The documents below are taken directly from footballtaxheavens blog and provided by a private individual. I take no credit for compiling this information that has taken others years to obtain. SoS can reach a vast audience and I am happy to use our medium to allow these guys works to reach a larger audience.

Further information will shortly follow.