THOSE same fund managers and fans who invested in Celtic will be getting to like soccer, given the recent performance of the share price. Now Celtic football club are again asking their loyal fans to dip into their pockets.

The club plans to become the first in Britain to launch its own personal equity plan, allowing investors to put money tax-free into shares and bonds. A firm called Caledonian Investments will administer the Celtic PEP and will pay a large part of the commission it earns from the sales to the club.

The money will go towards new players and the development of the stadium. Investors hope the investment performs as well as Celtic shares, now worth 9.250p. A lot of corny jokes about putting a bit of pep in Celtic's step are already being churned out.