Dr John Reid has confirmed that he is to end his 4 year reign as chairman of Celtic FC.
The former Labour minister will be succeeded by whisky magnate and fellow lifelong Hoops fan, Ian Bankier.
Confirming that he will stand down at the club's AGM in October, 2011, Reid announced :
"I have thoroughly enjoyed my 4 years at the helm of one of the greatest clubs in the world and the club which I have supported since I was knee high to a rottweiler.
"I have taken great pride in the fact that my constant and vociferous criticism of Scottish officials was largely responsible for the first ever referees strike of 2010/11".
Reid also went on to say that he was confident that the new chairman would continue the club policy of perpetrating the myth that there has also been a conspiracy in Scottish football against the Parkhead club.
" I see no reason to believe that this fatuous claim will cease being made anytime a decision goes against Celtic and in fact I have great belief that this paranoid opinion will be given fresh momentum by Mr Bankier's accession to the chairmanship".
