UPDATE 1-U.S. investor buys stake in Celtic soccer club

NEW YORK, Dec 20 (Reuters) - Scottish soccer club Celtic Plc (CCP.L: Quote, Profile, Research) said on Thursday that California-based investor John Fisher has bought a stake in the club.

Glasgow-based Celtic said Fisher's Atlas LLC holds shares representing 3.24 percent of the voting rights in Celtic.

Fisher, the son of Gap Inc (GPS.N: Quote, Profile, Research) founder Donald Fisher, is one of the owners of Major League Baseball's Oakland Athletics and an investor in Major League Soccer's San Jose Earthquakes.

Celtic and cross-town rival Rangers are Scotland's two biggest soccer clubs. Celtic recently qualified for the last 16 of the European Champions League and have won the Scottish League 41 times.

According to Reuters data, Celtic has a current market value of roughly $115 million, and its biggest shareholder is Irish billionaire Dermot Desmond. (Reporting by Mark McSherry; Editing by Andre Grenon/Jeffrey Benkoe)

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source: reuters.com