You don't think, eh?
" (CNN) -
Since the 1980s, the Catholic Church in the United States and its insurance companies have paid out more than $3.8 billion in lawsuits and claims involving allegations of clerical sexual abuse, according to a monitoring group... "
https://www.click2houston.com/news/...se-allegations-in-catholic-church-since-1980s
" If the Catholic church is sued, secret files and private documents could be made public. And insurance companies, which have already paid millions in private settlements, might have to pay much more for the church’s liability as new cases are brought forth. "
https://eu.ydr.com/story/news/2018/...reform-statute-limitations-priest/1742969002/
… and to be honest, it's not just the papists...
" The three companies that insure the majority of Protestant churches in America say they typically receive upward of 260 reports each year of young people under 18 being sexually abused by clergy, church staff, volunteers or congregation members. "
https://www.insurancejournal.com/news/national/2007/06/18/80877.htm
Reading the above, and knowing the very close association between celtc FC and the catholic church, you would be extremely naïve to continue to believe that the former has not sought out advice from the latter on how to handle the tsunami of claims that are about to befall them.
Make no mistake, these claims are coming, and will have to be paid out, so do you seriously think that horrible club intends to pay out from their own funds? The same funds that service their loans, pay for the upkeep of their stadium and training complex, pay their wage bill, and finance new signings? In a nutshell, the very same funds that keeps them in business?
Such an eventuality could quite probably crucify them to an irreparable extent.
It's inconceivable that they haven't been considering the worst case scenario, and I for one would bet that if they didn't already have the relevant insurance, when they heard the first rumblings heralding these recent court cases there would have been a high level summit of the very top papes in Scotland (and possibly beyond) to consider all that could be done to preserve as far as possible "the good name" of their club and minimize any continuing damage to their brand.
Trust me, I desperately hope that they have not taken these precautions, because it would financially fucking kill them in all probability, but there's no way I see them not learning from past experiences.