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Fisher buys stake in Celtic

An American billionaire has invested in the Glasgow club
An American billionaire has invested in the Glasgow club

US billionaire John J Fisher has bought a stake in Celtic, it emerged last night.

The San Francisco-based businessman acquired 3.24% of all shares in Celtic plc, and it is unclear whether he has plans to increase that holding.

According to reports, 46-year-old Fisher had been seeking a British football club in which to make an investment.

The son of GAP clothing empire founder Donald Fisher, John J Fisher is already a co-owner of the Major League baseball team the Oakland Athletics.

The Fisher family had previously been involved with another baseball side, the San Francisco Giants.

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