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jaf

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  1. Hi all I thought I should contribute here from a position of certain knowledge. 1. There were investment discussions which TJF were part of and central to. Two of us including myself were subject to NDAs in respect of this. IF these discussions had progressed to a successful conclusion, there would have been full transparent disclosure / consultation with members given TJFs involvement in the process and the consortium of investors. 2. Those particular investment discussions did not proceed to an investment. For various reasons but it is entirely wrong to say it was rejected by the club nor anything to do with Ian McCall. Completely wrong. 3. The club needs investment. That remains the case as we have mentioned previously. The process was useful as it showed that fan ownership and private capital / investment could Co-exist with the right investor. 4. I am very happy to privately discuss further @javeajag if there is any specific questions that remain unanswered. Sandy Fyfe
  2. Hi Martin Indeed, we said we would do a comparison table of net current assets once more accounts published; net current assets being the 'margin of safety'. It remains our intention to publish that to members as promised.
  3. No. There will be an opt in option at season ticket renewal time.
  4. Three of the current top four were the three clubs with the longest odds pre-season! Really interesting to look back on that
  5. Hi thanks for the feedback I think you are right to acknowledge that there is some very specific wording we either had to, or wished to use. I think we also wish to come across in as professional a way as we can whilst we continue to build the case for fan ownership by being credible. To do so, we adopt that professional language. But it is also important to educate/inform as many people as possible with these updates, so your point on clarity is noted. Of course, we also have some members who actually appreciate the language used (from private feedback received), so we have a challenge keeping everyone happy - but we will do our best! Thanks
  6. Just to confirm we have now clarified with a statement. We did not know about this at all. To clarify, we were asked to put forward / nominated a board member onto the new board but she is not “our representative”. She serves in the position in her own right as a director, with the personal responsibilities that brings. One of the many things on the to do list for the future is working together protocols between the board and the fans organisations. This has always been an important aspect of TJFs idea of an ideal or best case solution. At the moment, TJF have not yet got any formal position - although progress has been made on this. Whilst we have worked much better alongside this board, the board are independent of us and we have no formal position. Perhaps all of this highlights why we need the formality clarified soon. And why we need working together protocols that function well and give us all the version of fan ownership we wish for and expect.
  7. Martin, You will not have to wait too much longer to hear something - unfortunately I cannot comment for 'on the park'
  8. Is he not going to Dundee United anyway? (Flush with cash from the souttar sell on).
  9. I don’t think the club realise this. Going to the football is the most habit forming thing. Go every week, you never want to miss a week. However get out of the habit…… Being privileged to know what I do, I will find it difficult to buy the 3 season tickets a year i currently buy (and today will be the last hospitality I take, only because I had committed to do so) whilst Gerry Britton remains in post and whilst certain board members remain at our club.
  10. Please do. You will be VERY welcome. If you need private reassurance, PM me and I will gladly speak with you one to one. Consequences are not something TJF can do alone. We need all of your help. We aren't giving up. We aren't going away. We told TBC that when they told us we weren't getting the shares. We told Jacqui Low it again when she later asked what our intentions were for TJF. We remain resolved to be true to those promises - as long as our members want us. Sandy
  11. This depends entirely on how you define well run! There is conventional wisdom. And there is PTFC's. Some seem to argue, or accept , being well run is whatever fancy valuation method you have used to swell your net assets. Under those criteria, PTFC trounce St Johnstone. PTFC have net assets of in excess of £14m, with St Johnstone having a lowly £1.8m of net assets. (This is of course because St Johnstone have not revalued their stadium which shows exactly the limitations of concentrating on net assets, as I suspect no one truly believes we are 8 times as wealthy as St Johnstone?) This exact point - which emerges in the TJF accounts analysis - is further proven by looking at two other key figures, namely cash, and net current assets. In cash terms St Johnstone hold £3.9m of cash reserves versus our £330k in the May 2022 accounts. So they have nearly 12 times the amount of cash reserves as we do - something more in line with the view of them being a well run club. This is explained well in their (non-petulant) directors report. Furthermore, whilst our net current assets ratio is 1.1 (down from 1.65 and lurching closely towards being under 1 - not a good thing), the net current assets ratio of St Johnstone is 8.2 in their last published accounts. Sometimes you need to scratch beneath the surface.
  12. I have been saying all week I hope we have been practising defending set pieces as that’s Dundee’s best chance of scoring (as evidenced by the game at Dundee). i don’t claim to be any master analyst of football tactics. If I could see that, I would have hoped our management team would have. To me, therefore, the second goal was just a terrible goal to concede.
  13. It’s not an exchange of views its an opinion (yours) which is now corroborated as being erroneous versus inconvenient facts which are now corroborated as being true. Yet still no apology that your speculation was wrong? I hope, if elected, you can leave these petty biases and erroneous preconceptions behind.
  14. As most people know, I am Sandy Fyfe and I am standing. Good suggestion Tom.
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