Attorneys state that “significant progress” has been made in reaching a settlement for what the BBC thinks to be millions of pounds, which would settle Celtic’s legal allegations of historical abuse.
A class action lawsuit, a la US, has been filed by more than 20 former players against the team, demanding damages.
Celtic stated that it intended to resolve the disputes by September.
According to Thompsons Solicitors, within the past six months, every case’s worth has advanced.
A spokeswoman stated: “We do not yet have all necessary evidence to commence settlement negotiations and so the court has granted a further short list of four months to allow opportunity to do so given the complexities of this task.”
Celtic aims to resolve sex abuse complaints from Boys Clubs.
A number of former club executives and coaches have been found guilty of sexual offenses against adolescent players over a period of decades in recent years.
A US-style “class action” group lawsuit against Celtic for alleged abuses at Celtic Boys Club was approved by a judge last year.
The boys’ club was founded in 1966 as a feeder team for the senior Celtic team, and the two organizations shared players, officials, and facilities.
Celtic has consistently maintained that the boys’ club was a “wholly different organisation,” hence it wasn’t accountable.
The boys club and Celtic were “intimately connected,” according to the former players’ attorneys, and the senior club was “vicariously liable” for any assaults that were committed.
The legal dispute concerns past allegations of sexual assault made by Frank Cairney, a former coach, and Jim Torbett, the founder of the Boys Club, both of whom have been found guilty of child abuse.
Celtic announced a while back that it was still in communication with the victims’ attorneys.