‘No basis’ to Celtic buying stake in Shamrock Rovers

By Aideen O'Flaherty 

THERE is “no basis” to reports that Celtic is planning to become a majority shareholder in Shamrock Rovers, according to a source from the Tallaght-based club.

Reports circulated late last week that billionaire businessman Dermot Desmond, who is a majority shareholder in Celtic, was driving forward a deal between Scottish Premier League side Celtic and League of Ireland team Shamrock Rovers that would see Celtic become a substantial shareholder in the club.

Rovers V celtic 10

Shamrock Rovers played Celtic in Tallaght last July 

The two clubs are on good terms, with Celtic having triumphed in two friendlies against the Hoops over the last two summers, but The Echo understands that there are no plans for Celtic to become majority shareholders in the club.

A source from Shamrock Rovers told The Echo: “There’s nothing in Celtic or Dermot Desmond buying a majority share in the club.

“The club is owned by the members and Ray Wilson, if any deal like that was going on then the members would have to sanction it.

“We’ve a great relationship with Celtic, but there is no basis to the club becoming a majority shareholder [in Shamrock Rovers].”

Separately, it was confirmed this week that former Irish international Damien Duff is set to move on from his role as a member of Rovers’ first team coaching staff to take up a coaching role with Celtic.

Prev Survey highlights 12c difference in local fuel prices
Next Council’s 115 actions climate change plan

  • 400 participate in sixth annual Run For Rita
  • The Echo Sport February Team of the Month - Templeogue College U16A Basketball Team
  • The Echo February Sports Star of the Month Award - Jack Woolley
  • Hero's welcome for Special Olympians Eimear Gannon and Rachel Murray
  • Stephen Kenny's reign as Republic of Ireland Under 21 manager got off to a winning start

We use cookies to improve your experience on our site, personalise content, provide social media features, analyse our traffic, show you relevant advertising and to target and report on ads. By using the site, you consent to the use of cookies that may process personal data for these purposes.