Junior
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Posts posted by Junior
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44 minutes ago, sandy said:
The document that confirms the £500k input has been published elsewhere. It is not conjecture.
Point 2 follows as without that subsidy we’d have run at a loss.
The 3BC account has been run down and has virtually nothing left.
You seem rather blind when presented with evidence & facts. Simply because it doesn’t suit your ‘we are debt free’ narrative.
If the Club is handed over in its current state, fan ownership will be taking on liabilities; an operating deficit, pitch re-work, stand maintenance etc.
Where is this document ? You cannot state that then not provide the proof.
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Yup , missing not just the football but everything that goes on around it. Catching up with pals , even travelling to the games.
Next season and returning to games cant come quick enough-
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TBH the "values" they have put are ok in isolation but if we dont have a winning team on the park then its all just a bit useless IMO.
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I think most people will want to go back to games, I know everyone I know is really wanting to be able to go and would prefer it to streaming games online. It does ok just now to allow us to watch the team but IMO its not anywhere near as good a being at the game. My worry is that people become used to being able to see us "live" from their couch and if this lasts all season then there will be more chance of people not wanting to go back and happy to watch at home.
There then is the question on how you price it, do you make it the same as a PATG ticket or set it at the current price ? People may choose to pay £10 instead of £20 to go to the game which will lose the club income. Its a difficult one and thankfully im not making the call on that.
As Norge says there is still the quesiton on how we emerge from this , there are may struggling financially, mentally and in whole other ways we still dont know. Hopefully we all get through it in one piece and get back to Firhill soon
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If you get your password from https://tickets.ptfc.co.uk then it is wrong, the password there is a mixture of upper/lower case and numbers. Your password needs to be all upper case and numbers...
Once you get passed that its firstname-surname-PASSWORD4567, then PASSWORD4567
Its the same system as used by other clubs so it will work, test stream is up confirm it works by clicking on it
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If you cant get the mobile app to work try going through https://tickets.ptfc.co.uk/home
I managed to sort things out that way
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In reality at a 10% opening it doesnt matter about fans being back in or not from a financial point of view, and that seems to be the argument being put forward in the media. It will only be season ticket holders who have already paid for their tickets so the clubs have the money already. There is no increae in income by bringing back 500 fans to most grounds , talking us and Falkirk in our league anyway. If we got the go ahead for say 2500 inside Firhill then thats a realsitic one for clubs to insist on opening, but it would likley mean no PATG and all only available via online bookings at least 24 hours before and zero ablity to go to away games. The bigger clubs want hospitality to bring in more money and IMO thats what this is about
If you add in the access/egress problems with most grounds then that adds more issues for clubs to overcome. Thistle are quite lucky in that we have a lot of room round the stadium and plenty of turnstiles, some places have maybe 2 or 3 entrances and thats it. As Norge says though its all risk assessment, I think our risk is small but hell knows really
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14 ,10,10,10 will be done no relegation and everyone moves along happily... Doncaster plays it as if it was the plan all along.
Budge has to deliver on reconstruction otherwise hearts are relegated, it will be announced very quickly. Prize money from first and second will drop a wee bit to cover teams 13 and 14. Split into 6 and 8, 2 extra home games for bottom 8 possibly offset loss of 3rd game v rantic. removal of playoffs 2 up and 2 down.
Possibly being niave but that's a realistic outcome and will keep most happy. Decision day is 23rd April when uefa next meet and it depends what they say about calling top leagues as done.
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"thats just a lump of pish referee" and "you're just a wife shagger" are the 2 that have stuck with me for years
Cannae remember when though
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If the SFA pay out what would be the lowest prize money to every team then that should help a lot of clubs get through this difficult period.
Saw a proposal for a 16 team league based on a model with multiple splits and playoffs in it , looked good , it retained the oft talked about 4 OF games (providing one of them doeant tank for a season) and also gives most teams something to play for right up to the end. Seen it before in I think Belgium and it seems to work there, so there is zero chance of doing it here
This should be the ideal chance to look at proper league reconstruction and why not do something radical while we have a chance
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If they abandon the season which is unlikely IMO it will be mired in legal challenges across the board as it could be argued any team could get themselves out of the situation they are in , the only certainty being the likely league winners in 3 of the leagues.
If they relegated us we would arguably deserve it as we have been shit but we could still get out of the position and denying us the opportunity to do so would be an interesting connundrum for the leagues - same with Hearts in the Premiership
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The big problem with the team is having to accomodate Miller wandering all over the pitch. As much as he is/was a good player we cant cover for him turning up at left back when we need someone up front. Given the other limitations in the team its like playing with a man short at times. As Jaggernaut said his scoring record is poor after a very good start , coinciding with McCall taking over ???? Maybe he only wanted to play for Caldwell ?
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Few random thoughts
- Merge ALL fans sharholdings under one group, there are at best just over 2000 adult fans here who may be interested , we dont need multple groups IMO
- Fans now own over 80% of the club. We make a commitment to sell some of the share to fans who want to invest leaving minimum 51% of the share in fans groups. Leads into next point..
- Follow FoH model and ask fans for monthly "donations" , maybe look to reinvent the Centernary Fund or repurpose that to raise money to be held "for emergencies". We dont need to raise to cover the share purchase but as a club you will have times you need an immediate influx of cash , this could be a method of doing so as long as its ringfenced and cant be just spent in a " oh we just need one more player..." scenario
-Establish funds for specific requirements - stadium works etc and stick to it
-Set a breakeven budget, fans will be unhappy as it will be a reduction in the playing budget - idiots last year setting a £1m deficit should be shot for that (not literally)
-Make Jagzone free to air , yeah it will cost but try get sponsors to offset some of the cost and allow all fans to see the media content
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1000 is c. 50% of the adult fan base, that IMO is unobtainable at present. I am more than willing to give fan ownership a chance but with little or no detail being given it looks like its one mans pope dream and he is leading others on his path. Cant see a scenario where it gets done in 90 days as I think it will be nearly impossible to put the framework in place to not only protect the club but to protect the people who will be giving their time to work on behalf of the club.
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4 minutes ago, Dark Passenger said:
TFE hasn't bought the shares, Junior. That information needs to come from the entity that's purchased them. A statement was presumably issued last night - I'd like to see that.
Yup but that's eventually where its going to end up (I think) . As fans I think we need to see that statement , the quotes from it seem to indicate that everyone thinks this is a good thing, still to be convinced. Doesnt excuse a fairly woeful statement though (IMO)
6 minutes ago, javeajag said:I think one point to emphasize is that we don’t necessarily need people to contribute financially at this point as Colin weir is gifting his shares .....other fans groups have had to raise funds to buy the shares we don’t need to do that
Absolutely understand that but lets be realistic here that some form of contingency will need to be made available for the club and the only source is the fans. the quicker this gets off he ground then the better things will be. I suspect CW will gift some money to be held for this purpose but IMO we as fans need to be looking medium to long term for a contingency plan.
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That's a fairly poor statement TBH which doesn't actually say anything nor answer any of the questions people will have. I suppose its only Day 1 of the takeover but you would've thought a number of the questions already submitted to them would be able to be answered.
While I welcome this development I still remain to be convinced that the fans can actually run the club, the type of people who will want to be involved I wouldn't want them to be anywhere near it - looking at some of the people who were on previous Jags Trust boards who were only interested in promoting themselves and not actually doing anything to benefit the trust/club.
We need information on who they plan to put in place to run the club till at least the end of the season , does the current board agree to stay on to help or do they (quite rightly) walk away and leave them to it ?
Again while I think this is good news its still a bit worrying for the long term future of the club, with under 300 backers there is not going to be much "extra" money coming in to put aside as a fallback. FOH have 8000 people putting money in , we should be looking for 1000 at least making a contribution. You can argue about break even budgets and while that's all good in a perfect world there will be scenarios where the "board" will need to find cash and this is where it will come from.
Anyway lets see what other announcements we get today, might actually get some answers
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Budge to lose the 650k + 300k loan , but get say 750k in transfer fees = break even budget. Also means we dont really touch the cash in the bank (which is a good thing)
Thats the way I see it anyway
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24 minutes ago, javeajag said:
It might not show all the detail but all the financial information is in there. It’s hard to square these numbers with the description of financial mismanagement by Beattie......
The numbers show the fact that we ran at a small profit last year. The talk is that there was a deficit budget set for this year but it will only be confirmed or not in next years accounts. Player income for Fitzpatrick and Lindsay was after the end period so wont be shown until next year as well.
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The TFE bid is an interesting prospect especially the part about returning the entireity of Firhill to the clubs ownership, however it does raise a lot of questions about who would run the club. There are a lot of people who will want to run it but should be nowhere near the place , speaking from my experiences with the jags Trust a few years back
Any fans takeover should not exclude any existing directors from running the place as to be frank they have the experince of running the busines , and yeah I know there are many other fans out there running substantially bigger business.
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Got told on Friday it was a done deal and will sign on Monday ,
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Share most of the concerns around how this will happen, primarily the assumption that the 2 trusts can work together. They have shown no inclination to work as one in the past and in personal experince the Jags Trust is a clique and if you dont fit in with their way of doing things its very difficult to get things done.
i wish these guys well and have pledged to support them but its an extremely ambitious target and will be very difficult to achieve.
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Caldwell cant GTF if this happens. 2 players who are proven at this level who you should be building a team around. Everything I hear about Caldwell just continues to make me shake my head and wonder how the hell he got employed by our club. Charlatan of a manager and one that will get us relegated
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11 minutes ago, javeajag said:
You need to be clear that our accounts are very limited in the information they give
They meet the statutory requirement for reporting , not sure what you are trying to insinuate here ?
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Erskine to livvy confirmed from a livvy player, Caldwell needs to go and go soon
Financial worries
in Main Jags forum
Posted
Thanks Sandy, worrying indeed