Documentary to tell how Fergus McCann saved Celtic FC from financial ruin

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Documentary to tell how Fergus McCann saved Celtic FC from financial ruin
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In the early 90s, disgruntled Celtic fans rallied to ‘Back the Team, Sack the Board’ as the club was pushed to the limit of its £5m overdraft. Enter Croy-born Canadian businessman Fergus McCann.

A new two-part documentary short will tell the story of how Canadian businessman Fergus McCann saved Celtic FC from going out of business ahead of the takeover’s 30th anniversary next year.

The founder of the Celts For Change movement Matt McGlone is also interviewed in a re-examination of the club’s emergence from arguably the darkest period in its history. Discussing his role in the deal, Low, told the documentary: “I had two passions in life – one was music, one was Celtic.“In the 1980s money had come into the game for the first time. Celtic didn’t have that.

“I always remember on the way out Fergus said to Michael Kelly: 'Goodbye Mr. Kelly, I hope I never meet you again.'" Celtic had been privately owned by the Kelly and White families for almost a century, prompting fans to argue the ownership structure was holding the club back. This was exacerbated by failed managerial appointments such as trophyless former Republic of Ireland star Liam Brady which had pushed the Parkhead club to the limit of its £5m overdraft.

‘Back the Team, Sack the Board’ was the rallying cry. The most famous boycott came on March 2 1994 when fewer than 9,000 Celtic fans attended the home match v Kilmarnock – unheard of for a club of the 1967 European Cup winner’s stature. Desperate, the board reached out to him again. McCann arrived ‘wearing a bunnet’ in a flurry of publicity at Glasgow airport.

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