eljaggo

Maybe someone who's rich could pirate a copy.

Thanks WJ, I got that bit badly wrong - pity! Sorry if I added to your headache.

This point has been raised before, but the transfer makes it relevant once again. There must be laws governing the operation of trusts. It is hard to imagine that a trust can be legally controlled by a single entity like 3BC to the extent that they do, and in the manner they have adopted. Perhaps TJF should take further legal advice on this if they have not already done so. An appeal to the SFA is obviously now needed, but I'm unsure what criteria they would apply in reaching a decision. The Jags Trust I believe have 26% of the voting shares in PTFC. From my own business experience I think that gives the power of veto over substantial changes to the operation of the Company - such as sales of assets like the stadium or a sale of the Club itself. I know that the Jags Trust and TJF have held discussions, but perhaps a more binding arrangement/agreement can be negotiated. This is obviously a second best option, but it may prevent unwanted major changes.

OK so here's my Great Conspiracy Theory about PTFC - no evidence, so pure speculation! 1. PTFC Trust are granted Weir's shares. 2. PTFC Trust continue to operate as per Low's instructions. 3. PTFC Trust sell said shares to group possibly containing McGregor without let or hindrance 4. New PTFC owners sell Firhill and buy training ground from 3BCs. 5. Milne is rewarded in shares for spurning Hibs and Aberdeen The above would mean that everyone benefits from the Weir shares except......... the fans. TJF should beat a hasty path to the SFA's door!

Of course it was known at the time that Minerva favoured a red and yellow toga, so it's not surprising that there should be a link. The purple toga shown in the photo was her away kit - not that I'm suggesting anything about her morals.

Him, you or both?

"Died in the Wool Communists" Were they left wing shepherds, or perhaps a Marxist knitting circle?

Sorry I can't attend tonight, but for what it is worth, my advice is KEEP IT SIMPLE!

My wife's birthday clashes with the EGM. After a lengthy conversation, and despite a careful explanation of the importance of the EGM, my wife inexplicably would rather celebrate her birthday at home rather than in Maryhill. Please send my apologies to the meeting.

I've just read this dreadful document. Apart from the nauseous cliches and the (not so) carefully worded evasions of the key issues, it contains at least one outright lie: "Democratic – The board of the PTFC Trust are elected by the beneficiaries." They don't even have the wit to couch the statement in the future tense to allow for change. They, and their boss Low, are taking us for fools. In what other business would a shareholder with 75% of the shares not determine the Chair of the Board, far less have no seat at all on the board, or its decisions. With zero shares once 3BC pass the shares to the PTFC Trust, what is the justification for Low's presence on the Board. TJF are in danger of becoming mired in the minutae of this farrago. Stick to the basics: Who appointed the present Trustees and when? When will PTFC trust hold elections for Trustees? What document prevents the Trust exercising its votes on Board decisions, especially w.r.t. Board composition and operational matters? Keep it simple TJF!

Con - centric

That's some feat, you must have visited many grounds many times to witness that spectacle.

These WSJ, are mostly about the relationships between the various groups and the importance of TJF. My point is a wider one that is touched on in (e) above, but which I think needs to be given priority and more definition. I do not understand you last paragraph.

I'm assuming that the Trust are slow to include non-season ticket holders, and that they are equally slow or even loathe to survey their beneficiariess about where their best interests lie. If push comes to shove there needs to be a statement based on evidence defining these best interests.

I think it is vital that TJF conducts a specific survey of its season ticket holding members as soon as possible. The survey should establish what they see as important to them and by that to define as exactly as possible where their best interests lie. If that is not done, then the PTFC Trust can claim that any action they may take can be construed as being in the best interests of season ticket holders. That could lead to all sorts of issues, especially if a new investor appears on the horizon and offers to buy the Weir shares coupled to promises of new investment. TJF at the moment is the only organisation who can speak for a large proportion of season ticket holders, and the results of such a survey would give a benchmark against which future discussions can take place.

Best goal at Firhill I've seen for ages.

With the transfer of the Weir shares to the PTFC Trust, Low will have fulfilled her obligations and duties to the Weir estate. What then is the reason for her continued presence on the Board of Partick Thistle Football Club?

The PTFC Trust have poodles.

Best performance I've seen for ages. Pace at last, movement off ball and incisive passing, not to mention great ball winning in midfield and defence. Milne was my man of the match - what a signing. Hope we can keep him.

What did Beattie say about Low?

I understand that a breach of their legal duties is actionable, but the point I was trying to make was about trustees acting against the best interests of shareholders. I don't know how the two conflate.

I am not a lawyer, but I would be surprised if the Trustees carried no responsibilty to those who now own the shares, namely us lot. With that responsibilty must come accountability, and there must be a legal way by which that is exercised by the share owners.

I foolishly hoped that Low had found an individual willing to invest in the Club and to work with fans in a constructive way. Simply handing the shares to the Trust does nothing to address the need for investment in the stadium and the team. The TJF has funds and an income from fans to help the Club. The Trust offers nothing.

So Low keeps control of the Club, despite having no shares and having invested nothing. There must be some way by which season ticket holders can pressure the Trust into holding an EGM. I think TJF should now use some of their funds to examine legal avenues to make the Trust accountable to fans.

The drop down menu when I tried it (many times) was stuck at yes, and would not allow me to select no.. maybe it was a temporary blip. Good that it is working now.