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Another hijacked thread. What joy.

They are figures that are describing different things. On literally zero occasions has TJF "defended" the failure across several seasons to allocate contingency to stadium repairs. That was last season, Jim. Not this season. And if that person had not stepped-in, the Academy would have been closed. Now, thankfully, it is well on its way to operating sustainably. You can be part of the problem, chuntering away. Or you can be part of the solution. Like that person decided to be. Nope. You're still wrong about this. The tranche 1 investment didn't happen until October 2023. The accounts to May 2023 show net current liabilities of just over £250k. There was an operating loss of circa £170k in season 2023-24. And there was about £75k of net current assets left at May 2024. Add those three numbers up. This isn't complicated. It's arithmetic that the average 7-year-old can do. You don't "question financial spin". You peddle nonsense by misrepresenting the finances. Then you have to explain where the additional funds should have come from to fund the Academy. So we're agreed. A structural shortfall in excess of £800k to fill. Thank you. It was common ground amongst everyone at and around the Club in early 2023 that at least £1 million of new capital was needed to address the financial problems and allow it to rebuild. Whatever anyone thinks of the Club Board (and plenty of criticisms can be made) anyone who suggests that there was a route to raising that sort of money, on the timescales required, that didn't involve the issuing of new shares, should not be taken seriously. I'm more of a Rolling Stones guy. But you can go away any time you like.

But you knew about the Modern Apprenticeship Scheme funding requirement when the £600K losses were being stated ? Funny enough no mention of it at the AGM ( + its now gone from £600k to £800k ) same with Stadium Repairs - no Capex then suddenly Stadium Repairs were an unforeseen Expenditure - thats shocking and TJF are defending this blatant ommissiin from last Years Budget ? the Academy is funded separate to Club mainly by one person - who isn't on the Board ? Have you ever considered why ? the residual debt of £220K was paid off using Tranche 1 Investment -there was therefore no debt going into last Season as it was cleared ( leaving £280K cash reserves ) which are now £75K - where did the £200k in cash reserves go ( since Im being advised detail is not my strong point maybe you could explain it to me ) so questioning the financial “ spin “ is now part of the problem ? Were TJF “ part of the problem “ when they questioned previous Boards finances that didn't stack up ? Ive never at any point stated shut the Academy ? Or modern Apprenticeships - there are other cuts - but they are not one of them As for being part of the Solution - ok - the Board don't have the experience skills or contacts to run the Club without selling off chunks of it TJF have two choices - continue to let them do so- or make changes - if your proposing continuing with the cosy status quo -then Im of no use to you I at no point have ever refused to support the Club financially or using contacts to help make change and “ solve problems “ however the Club & TJF needs to start accepting it has one my advice - follow the Golden Rule of Holes - when your in one - stop digging - your cash burn is out of control the statements at the AGM & at the Q&A showed the Board have no idea how to get out of this financial TailSpin - not a clue

Of course - but it pretty much states the role the fans have in the Club - or should we change it from Fans to Consumers give us your money your superiors will decide how to spend it ( and sell off bits of the Club whilst we are at it )

Ignoring a modern apprentice subsidy that had to be discontinued when the Academy ran out of cash. Once you take into account the fact that the Academy would no longer, going forward, be in a position to pay for modern apprentice contracts. If you take into account the fact that the Academy lost £200k in 2022-23, partly because it spent an almost six figure sum funding modern apprentices, but also because it had no other sources of funding. If you want to shut the Academy, just say you want to shut the Academy. The supporters overwhelmingly support keeping open the Academy. So extra income needed found to make the Academy sustainable. Something that has been achieved thanks to a lot of hard work from a small group of people, the securing of new Academy specific revenue streams and, let’s not forget, a TJF Academy pledge. You can choose to be part of the problem, chuntering away at the sidelines, having Beer and Sandwiches with deranged anonymous trolls on the internet. Or you can choose to be part of the solution. Like we did. If we’re going to talk about “the actual accounts” they clearly show a net liabilities figure of £250k. Yet again, details have never been your strong point. You can be part of the problem, or part of the solution, Jim. Up to you.

It's a very nice top. Parting with your money is optional. I really don't see a problem here.

If you don't want the strip then you don't buy it.

Or maybe address the reason why your racking up losses ? keep giving us your money - we will decide

Were the Fans being asked to buy 10 Strips at the same time ? Were the Fans being told that the reason they were trying to raise funds was because there was £600K actually £700K - no wait £800K of historical losses when in fact they were paid off ? TJF are now the Club - they call the shots - they agree we can run up £280k of losses as long as they have a say in the Budget TJF and the Board are the same thing

Yep. Tremendous, isn’t it? I’m picking the team for the Dunfermline game. Yep. Tremendous isn’t it? It’s not like kits with fan names on it have already been done by Hearts and Morton, two other fan owned clubs. A fan-owned football club. Tremendous, isn’t it? It’s almost as though there’s a diverse merchandise offering that appeals to different segments of the support. Tremendous, isn’t it? “Don’t lose money… but for God’s sake don’t try and increase revenues! That’s cheating!”

Hearts for one, with the “Foundation of Hearts” strip, where we got our idea from.

£600K of inherited losses oh wait - it was actually £700K of losses ? actually it was £800K of losses ? Strange thing is - the actual inherited losses were £355K as per the Accounts -and the residual debt was £220K which was paid off by tranche 1 but lets keep blaming the inherited losses

Your launching it to make money and stamp TJF authority at every part the Club - even the Team Running onto the Park The Team playing in TJF Shirts - TJF are now the Club - seriously lost the plot mate as for the Board - they just confirmed TJF are calling the shots - who lets a Supporters Group have the Team wearing “ there strip” Thats 10 Strips being punted to the Fans + Two Football Teams + Two Club Charities + one Supporters group ( with multiple products being sold ) + Players Fund + Lotto + Corporate Hospitality +Sponsor Player Kit and we are still forecasting a £280K loss and burnt through £200K in cash reserves last Season but give us more money ?

Can see it being 352 again with Megwa in for Nillsson.

We’ve nearly got as many strips as we have players this season.

Grows membership So grows democratic voice Grows revenue Grows engagement Thats why we’ve launched it Jim, going with 99.9% feedback being better than positive, orders good and membership up. I think it’s hit the right spot

Enjoying your Beer and Sandwiches with Parody, Jim?

Yip

So thats now Mens -HA & 3rd Strip Woman's- HA Strips Jags for Good Strip and now TJF Men & Woman Strips plus the TJF membership + Lotto + PTTV + Corporate Hospitality all being pushed to a core support of 3000 Fans And all before you actually buy a Ticket to see the Game ? Was this what was meant at the Club Q&A for “squeezing a bit more out” on the Revenues ? PTFC New Motto “Show me the Money”

https://thejagsfoundation.co.uk/your-club-your-colours-your-name-on-the-shirt-🔴-🟡/?fbclid=IwY2xjawFanJFleHRuA2FlbQIxMQABHVOvI53wdLEg2Vkb_Au-_QjdG0_xlxxqwoUKOvKQhpIk98Hew9rNHAz5RA_aem_1WaaPPx2wiy7ejm_NndyJQ

Last week's point was a good point, but with 4 out of our next 5 leagues at home we really need to start winning games. Dunfermline have taken 4 points from their last 2 league games so it won't be easy, but as i say we need to start winning games, particularly our home games. Not sure what our formation will be, but is Robbie Crawford doing the Jagzone interview a sign he will start.

Can tell u it’s not 3-5-2 👀

McKenzie won't be available tomorrow due to a cut knee which they don't want to rush him back from, and Wasiri is available following some swelling in his thigh. Doolan stated that Megwa was his number one target all summer, indeed since the end of last season so it is safe to assume he will start tomorrow's match. No update on formation...

Surely it would be 5-2-3 as they go home at quarter past.

Law surely must slot in at right back and Turner to pass the dead balls over to Kenny Watson. The lad West from Chelsea must partner Graham in a flat 4-4-2. I will be in the shed so macaroon bars on me. #1987