Celtic "very sorry" that abuse took place at Celtic Boys Club
Celtic say they are "very sorry" that historical child abuse took place at Celtic Boys Club.
The club have reached a seven-figure settlement with former players who were being represented in a US style "class action" lawsuit against them.
Thompsons Solicitors revealed this morning that around 70-percent of their clients have come to an agreement.
They also hope the remaining claimants will settle their cases in the coming weeks.
Celtic have responded in a statement on Tuesday afternoon where they also say they are hopeful of reaching a settlement with everyone represented.
The club have previously stated Celtic Boys Club was an "entirely separate entity" from the football club.
In today's update they say they are "very sorry that these events took place at Celtic Boys’ Club" and that they take the abuse "extremely seriously" due to the historic contacts between the two organisations.
A club statement read: "Celtic Football Club can confirm that a number of legal claims in the group proceedings against the Club have been resolved. We are hopeful that settlement can be reached with the remaining group members shortly.
"For some time, we have sought to work with the group members’ lawyers to reach a resolution. The Club acknowledges the strength of the survivors of abuse who have come forward, and hope that this resolution may help to bring them some closure.
"Celtic Football Club is appalled by any form of historic abuse and has great sympathy for those who suffered abuse and for their families. The Club is very sorry that these events took place at Celtic Boys’ Club.
"The Club takes this abuse extremely seriously because of the historic contacts between the two organisations.
"The abuse of young people is an abhorrent crime which has unfortunately affected many areas of society. The Club continues to work with Scottish football to make it a safe place for all young people."
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