Roll call.

Distribution of club reports.

Period of remembrance.

Jacky announced that Ian McLeod would give a short presentation before the Annual General Meeting's business is conducted.

Ian McLeod:

"It is fascinating to listen to the Roll Call of Clubs and see sites on the map in the US and Canada come to life. It has been an eye-opener in terms of the scale of support."

The floor was opened for questions:

Question regarding club's finances:
(Ian McLeod's answer): The half year results encouraging, at present in the closed period where no comments can be made until year end report is issues. There is a recognition that Celtic needs to improve merchandise sales to North America, both through mail order and Internet sales.

Question about arranging for attendance of first team players in the future:
(Ian McLeod's answer): Celtic won't make false promises but want representation to continue. (Expressed appreciation of Lisbon Lions and Jamie Smith for attending).

Question about Celtic's moving into English Premiership in the near future:
(Ian McLeod's answer): Celtic needs to expand competitiveness. At moment are part of (and committed to) the SPL but moves may be pursued as part of a review of the structure of British Football. Celtic is making every effort to keep Martin O'Neill at Celtic Park.

Questions about transfer budget:
(Ian McLeod's answer): Celtic have spent money in last few seasons and will continue to invest but it is necessary to find balance. Wages bill is increasing (36% in the last fiscal year and 41% in the first six months of this fiscal year). Celtic will be in the transfer market but prudently.

Question about increasing the capacity of Parkhead:
(Ian McLeod's answer): The stadium design allows for the development of the Main Stand up to a capacity of 75,000, but there are questions of the financial viability of an increase (versus spending money on training facilities).

Question about a youth academy:
(Ian McLeod's answer): Youth development is to be emphasized, with a review of "how Celtic scouts, coaches and develops young players." Celtic is planning on expanding the scouting and youth development in Scotland and Ireland. Money is being spent on improved training facilities at Barrowfield.

Question of Celtic's scouting and development of players in States and Canada:
(Ian McLeod's answer): There are no plans for official ties but Celtic wants to establish more productive links.

Question about Celtic multimedia:
(Ian McLeod's answer): Quality of web casts is not the best. Celtic was one of the first clubs to narrowband audio of matches and are aware of audio quality issues. Introduction of broadband has improved quality but club can and will improve its services.

Question regarding Celtic's share price:
(Ian McLeod's answer): Share prices are increasing (slightly). In general, football related share prices are in decline, due to decline of value of share prices of the large media companies that have partnered the football industry.

Question about Sunday noon matches (in Scotland):
(Ian McLeod's answer): TV contracts have necessitated 12:00 noon starts in Scotland. In the upcoming season, Sky will not be televising SPL matches, so there should be fewer (if any) noon kickoffs.

Jacky Meehan thanked Ian McLeod for taking the time to answer questions from the floor.

Minutes of 2001 NAFCSC AGM read. Jimmy Fitzgerald (Victoria CSC) moved to accept the minutes as read and Ronnie Campbell (Ottawa CSC) seconded the motion. The motion passed.

President's Report:

Jacky stated that "being President of the Federation is about events like last night (Dinner Dance)" and thanked the members of the NAFCSC for raising $56,000.00 for the Widows and Children's Fund of the New York Fire Department.

Jacky commented that he appreciated the hard work and sacrifices (especially those made by the smaller clubs) and wanted to remind everyone that although we may have disagreements at times but the we are all working for the common good.

Jacky wished to thank Shane O'Rourke from Setanta (and all his people) for the work they did for us in the last season.

Jacky thanked all the Executives of the NAFCSC clubs and stated that they deserve the appreciation of their individual members.

Treasurer's Report:

Peter Milligan noted that Information packets were distributed and the financials were reviewed at the President's meeting (Friday morning).

However some clubs had not packed up reports. The Federation also had shirts for sale and hoped that members would be supportive of the Federation.

Vice-President's Report:

Tom Donnelly stated that last night was absolutely fantastic due to the work of clubs and individual members. Individuals have handled themselves in a manner that has made the Federation proud (and brought great credit to Celtic.)

Satellite issues: Tam noted that negotiations with Setanta are ongoing but were not done yet. Be prepared for "hardball negotiations" as Setanta's opening price was an increase of almost 20% per match. The Federation is looking to establish better relations with UEFA, their marketing partner TEAM and ESPN regarding televising next season's Champions League matches. TEAM responded to our e-mails/ faxes with coverage of the CELTIC v Juventus match and are aware of the interest in Celtic in North America. Tam asked that clubs not contact Setanta directly in financial issues, but to channel questions through Federation.

Victoria, British Columbia will host the 2003 Annual General Meeting in late June 2003.

Tam asked that all members of the Federations support the World Huddle Club.

The Charity draw raised over $1500.00 and the Federation topped off the amount to a round $2.000.00 and will arrange for the money to be presented to Jimmy Johnstone.

Unfinished business:

Amendments to NAFCSC Constitution: Graeme Brown, Amendments to NAFCSC Constitution: there were no proposed amendments to the constitution

Election of Officers (Presided over by Hugo Straney, Bramalea CSC):

Vice President (Currently Tom Donnelly) Tom Donnelly was nominated by John Rose (Bramalea CSC) and seconded by Johnny Moore (San Francisco CSC) and was elected by acclaim.

Secretary (currently Mike Boyd) Mike Boyd was nominated by Tommy Hanlon (Cleveland CSC) and seconded by Jimmy Fitzgerald (Victoria CSC) and was elected by acclaim .

East Coast Representative (currently Jim McGuire) Jim McGuire was nominated by Mike Boyd (Chicago CSC) and seconded by Tom Donnelly (Bramalea CSC). and was elected by acclaim.

Webmaster (currently Ian Gardner) Ian Gardner was nominated by Jacky Meehan (St. Catharines CSC) and seconded by John McAloon (Houston Bobby Lennox CSC) and was elected by acclaim

New Business:

Jim McGuire (Kearney CSC) noted that the Kearney CSC would be holding their 40th Anniversary Dinner in June 2003.

Club representatives were honored.

A motion was made to adjourn; the meeting adjourned at 1:15 p. m. .

Respectfully Submitted ,
Mike Boyd
Secretary, NAFCSC