There is a rumour doing the rounds that Dermot Desmond is still pissed of that Liam Miller went to Man U on a free. The rumour suggests that it was he who convinced Magnier, McManus and Dobson to cash in on their shares. He obviously sold his own too.
It is certainly true that he is a known close associate of all of these people and the fact that Glazier was offering the top whack for the shares would have helped.
It is now his (Glazier's) intention to get over 75% of the shares, he is either there or very close. If he does this he can transfer the bulk of the debt to the club. Moving it from debt free and profit making to around £540,000,000 in the red (pardon t'pun).
Given that the fans are talking about boycotting the merchandise this could really feck the club big time. The interest alone would be about £20,000,000 a year apparently. So that would have to be covered, before the capital sum is even addressed, from potentially smaller revenue streams.
This would be quite a revenge for what wasn't even a first team player.
(For those who don't know, Dermot Desmond is the largest shareholder at Glasgow Celtic and his personal fortune is estimated to be around £850,000,000. He is a billionaire when measured in either $ or Euro. He does not however invest money in clubs, other than the funds which are used to buy the shares, he does not for example buy players or pay off debts.)