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Celtic chief executive Peter Lawwell believes the club are in a powerful position going forward on and off the pitch following an AGM on Wednesday.The Scottish champions posted a small profit in the last financial year, and under Brendan Rodgers have a 10-point lead at the top of the Scottish Premiership after the opening quarter of the campaign.Celtic are chasing a sixth successive title and have also reached the final of the League Cup in a season in which the club has returned to the Champions League group stage after an absence of three years. Lawwell said: We are very well placed. The strategy will remain the same. We have to create value, we have to build and create Champions League players, and everything we do is centred around that. Celtic boss Brendan Rodgers and Peter Lawwell at the clubs AGM We will continue to invest in intellectual capital and where financial capital is limited we must be cleverer than everyone else in terms of player recruitment, our coaching and our sports science and we will continue to do that.We have a very strong financial foundation to take the club forward and thats the result of what we have done over the years.We have a fantastically equipped club and we have great infrastructure and we have to keep progressing and progressing and thats what everyone is focused on here. Getting better and better in everything we do is what we are all focused on to optimise the potential of this magnificent football club. Ronny Deila paraded the Scottish Premiership trophy for the second time last season Lawwell paid tribute to Ronny Deila after the Norwegian delivered the last two titles and a League Cup in 2014.But he revealed the failure of Celtic to qualify for the group stages of the Champions League and win more domestic trophies ultimately cost Deila his job.Lawwell said: Overall, its been a good year off the park. On the park, its fair to say that we didnt meet expectations. In the previous year we felt there was progress and we had reasonable European performance with Ronny. We had won the league and the League Cup and we were hoping for the treble.But that progress didnt happen for many reasons. At the turn of the year we had a chance of a treble and it was disappointing we didnt get closer to that and the European campaign wasnt up to scratch. Celtic fan group the Green Brigade put on a display before a Champions League tie in October It would be fair to say that we didnt meet expectations. Ronny decided to move on and he left as a champion, a double-champion, and he kept the run of titles going to five-in-a-row and he should take a lot of credit for that. Hes a very fine man and we wish him all the best for the future.Off the park, we continued to build the club and continued to learn and do the right things, which means we are in an excellent place, while there was room for improvement on the park.Meanwhile, Celtic also confirmed at the meeting that the board members plan to meet with the shareholders behind Resolution 12 in the next week.The group first raised concerns over the governance of Scottish football which they believe cost Celtic Champions League income in 2013 and have been in contact with UEFA and the SFA over the issue.Upgrade to Sky Sports now to watch Man Utd v Arsenal this Saturday and get the first six months half price!Also See:Celtic play down Gerrard linkSinclair eyes England callCeltic statsGet ￡10 free bet!Sammy Baugh Redskins Jersey .25 million option on reliever Jose Veras. Sonny Jurgensen Womens Jersey . 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