Celtic AGM: Dermot Desmond Makes it 18-in-a-row

Celtic’s majority shareholder, Dermot Desmond, was once again a notable absentee from the club’s Annual General Meeting (AGM), marking his 18th consecutive no-show at the event. The Irish billionaire, who holds the largest individual shareholding in the club, has consistently maintained a hands-off approach to the day-to-day running of Celtic, entrusting the club’s operational oversight to the board.

Desmond’s absence is hardly unexpected for Celtic fans, as the Dublin-based Businessman has long preferred to operate in the background rather than be a visible figure at Parkhead. However, this approach has occasionally drawn criticism from shareholders and fans seeking a more direct connection with the club’s largest stakeholder.

Ross Desmond Taking the Reins?

In recent years, Dermot Desmond’s son, Ross, has been attending the AGM on his father’s behalf, further fuelling speculation that he is being positioned as the heir apparent to the family’s significant shareholding in Celtic. Ross’s growing involvement in club affairs, while unofficial, has not gone unnoticed, with many fans and shareholders keeping a close eye on his contributions.

Ross has taken a more visible role, representing his father at these pivotal meetings, where resolutions are passed and questions on the club’s future are raised. While still acting in a support capacity, his presence suggests the potential for a more active role in Celtic’s long-term strategy in the future.

A Hands-Off Legacy

Dermot Desmond’s approach to Celtic has always been one of strategic oversight rather than operational involvement. Despite his absentee record at AGMs, his iNFLuence on the club’s direction is undeniable. It was Desmond who played a significant role in luring Brendan Rodgers back to Parkhead, a move that has paid dividends on the pitch, with Celtic enjoying continued domestic dominance and improving performances in Europe. Most managers over the past twenty years have received Desmond’s rubber stamp and in most instances he has made the contact.

What’s Next?

As the AGM discussed key resolutions, including board appointments, financial matters, and shareholder questions, Dermot Desmond’s absence once again left the spotlight on the directors tasked with representing his interests. While his absence may be Business as usual for Celtic, the continued presence of Ross Desmond signals a shift in how the Desmond family engages with the club.

For now, the majority shareholder’s preference for remaining in the shadows shows no signs of changing—but all eyes will remain on Ross to see if he might eventually step out of them.