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Calendars will be on sale at the game on Saturday against Ayr but if you can't make it then you can order it online: https://ptfc.co.uk/product/the-official-2025-calendar/
- Yesterday
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Jesus mate any Business that can’t pay its debts - that’s creditors - well guess what happens , they go bust…..so without tranche 2 we would go bust. Got it ?
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
Where did the club use the words "go bust"? This JJ whack-a-mole is really tiring/tiresome. -
Tranche 2 & the Preservation of Power
Jordanhill Jag replied to Jordanhill Jag's topic in Main Jags forum
Not if they control there overhead they dont ? -
Tranche 2 & the Preservation of Power
Jordanhill Jag replied to Jordanhill Jag's topic in Main Jags forum
From the Club Statement “ without tranche 2 we will have negative working capital” ” there would not be enough money to pay our creditors what they are owed” Its in the Clubs own words - if you cant pay your Creditors - you go bust - theres not another scenario So is the Clubs own statement “ serious enough” for you ? -
As I said some words, no content
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
Go to bed. -
Some words no content.
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The only point I would make is that it was stated that there were no costs to be cut outside the playing budget yet well we could save £30k on not funding the women’s team ( not something I would wish to do personally) which is 30% of a £100k deficit . So which is it there are no costs to be cut or just the ones we don’t like ?
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
That's the last thing I'm going to do. You do it. Or go to bed. -
You did just go back over the thread.
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Tranche 2 & the Preservation of Power
Woodstock Jag replied to Jordanhill Jag's topic in Main Jags forum
Let’s put firmly to bed the idea that increased spending on the Women’s team was why Partick Thistle is making a six-figure loss. It isn’t. After a season in which Partick Thistle Women secured their first ever top six finish, the Club increased its direct funding from about £20kpa to about £30kpa. That has since been preserved. The two teams also (currently) share a first team front-of-shirt sponsor, based on a deal signed ahead of the summer 2023. The Women’s team is run on a complete shoe-string and, that aside, normally self-funds. This season they’ve been buffeted by extra costs of having to host games away from Petershill earlier in the season which has increased some one-off costs. But it’s all still small change against the backdrop of a £3 million turnover football club making well into six-figure losses. Insisting that the Women’s team “self funds” would be the equivalent of one full time equivalent salary coming off the Club’s books. Similarly, those who would close the Youth Academy should be aware of the facts. The reality is that this season it expects not to receive any direct funding from the Club, despite a sizeable five-figure sum having been budgeted for. This is because the Academy is already self-sustaining under its new and diversified funding model. In season 2023-24, the costs of the Academy were underwritten by a benefactor (this is thankfully not now needed). In season 2022-23 the Academy made a loss but was also underwriting the wage costs of the Club’s modern apprentices, to the tune of almost £100k. That no longer happens as the Club now pays for it directly. These are the employment contracts of fringe first team players. Even if you didn’t have an Academy, you would still have a handful of 16-18 year olds on contracts like these as part of your first team group. -
Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
I didn't say any of that. I wish you'd take a break. -
Therefore you believe cutting the playing budget would reduce revenues , increase our losses and make it harder for us to compete …. Yet cutting the playing budget was your solution to cutting our losses. maybe take a break to work things out
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
I believe the board. It's you who doesn't - remember? -
Thanks Rid
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We have an unsustainable business model where the solution is in the least resort to cut the playing budget except that we were told would this lead to further revenue decline as we failed to perform on the pitch. Donations will then decline. And losses mount. Or don’t you believe the board ?
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
you JJs were saying we'd go bust. I said we'd cut the playing budget before that happens. I believe we can raise revenue - don't you, and if not why not? Budget will be tuned to donations. -
HHAA AHAH AAHH HAAH Cheers, BB
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You might want to reflect that you have addressed none of the serious concerns raised except to say cut the playing budget.
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
It is neither pointless nor suicidal. I'll carry on. You don't have to. -
Thanks jaggy
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We lose money every year and are relying on the magic money tree and donations to bail us out that is pointless….. and suicidal but you carry on .
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HHHH HHAA HAHA AAAH Thanks
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Tranche 2 & the Preservation of Power
Albert's Ghost replied to Jordanhill Jag's topic in Main Jags forum
I think it is. This exchange is pointless.