THE City fund manager whose firm is the biggest institutional investor in Celtic Football Club said he would never have invested in the club if it had Rangers-style debt levels.
THE City fund manager whose firm is the biggest institutional investor in Celtic Football Club said he would never have invested in the club if it had Rangers-style debt levels.
CONTRAST: Rangers is in administration with estimated debts of £134m, while Celtic's position is significantly more healthy, as the club is effectively debt-free. Picture: James Galloway
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tim sharp city editor
Nick Train, co-founder of London-based funds boutique Lindsell Train, has spent five years building a 5.2% stake in Celtic's ordinary shares, and the house has also bought some preference shares issued by the club for its portfolios.
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