Norgethistle

Who wants to be “officially represented” by people who are not even eligible to stand for election in their own trust, when you can be part of the official resistance. Join here https://thejagsfoundation.co.uk/sign-up/

Glad you like it. It’s based on a picture Denis chose himself

I think they have rolling contracts. So (if correct) would be 1.5 years times person. If on £40k average each that’s nearly £250k

I’ve no idea where we go from here. Im not sure we can afford to lay off 3 or 4 coaching staff and bring in another 2 or 3. Who would be available, affordable, interested and better either. I don’t believe replacing from inside the club will sort the issue. Im not sure if we can continue how we are currently either.

Think both are out

Spoke to him a few times on Saturday night, an incredibly humble guy, doesn’t like the limelight but spent the evening walking round everyone and personally thanking them for coming. He was incredibly emotional during his speech, a lovely guy who gets exactly what Thistle are about.

In the rain in November

Great player and captain for us. Not the manager we would be needing though

The Jags Foundation Board has taken the last few days to read, understand and reflect on, the Football Club's annual accounts for the year ended 31st May 2022. We have compiled a report, explaining some of the most important parts of those accounts, and placing the numbers into context as best we can. Revaluation of the stadium The way that the Club has presented the stadium revaluation on its website and in social media[thejagsfoundation.us7.list-manage.com] risks giving a misleading impression as to the Club's true financial position, but is ultimately not itself a cause for concern. The importance of current assets and cash Of greater importance, as we have seen at so many other football clubs, is the issue of current assets and cash. Football clubs survive and thrive based on both their short and long-term ability to pay their bills as they fall due, and ensure flexibility about how, and when, they spend their money. While there are no immediate concerns highlighted by the auditors for the next 12 months, the longer-term position is far from clear. The Club is making six-figure operating losses Our main cause for concern is that the Club ran an Operating Loss of £215k in the 2021-22 financial year, and saw its cash reserves reduce substantially from over £620k to just over £330k. This is the lowest year-end cash balance for the Club since 2016. The importance of non-recurring income There are also important components of non-recurring income attributable to the 2021-22 financial year. These Accounts cannot tell us whether, and to what extent, the Club has replaced those income sources. We feel the Accounts could have been clearer about the non-recurring sources of income in the 2021-22 financial year. Longer-term concerns Once non-recurring sources of income are excluded, we believe the Club has cumulatively lost close to £1 million, at an operating level, in the last two financial years. We would question whether, and for how long, that is sustainable. To read our full report, click the button below. https://thejagsfoundation.co.uk/tjf-analysis-of-the-ptfc-ltd-accounts-2021-22/

Not due out till February/March

Have you actually read them? Cash reserves dropped from £623 k to £311k creditors up from £428k to £723k plus posting a loss of £280k

They will try to expose us at set plays at it’s clear we lose so many goals from there. Lose an early goal and Firhill could become very toxic. Not sure who’s still out or how he sets up but this is a must not lose game to stop the terrible form, lose another 3 or 4 goals and we will definitely be in freefall. Saying that I’m looking forward to being back in Firhill on Saturday

The £1.7m brought in to turn a £200k loss to a profit, was spent on land, so technically it can’t be a profit, it was spent in same accounting period. Assets increase yes, but not profit. If we post same loss this year, then that leaves £130k in bank, but we also don’t have Queens Park revenue so loss could be greater unless we increase revenue and/or decrease wages

Is it not the main stand and bing (Propco)

Peter Cormack was signed as a player

In the last 40 years we’ve promoted a manager from internal on several occasions - Peter Cormack - Derek Johnston - Gerry Collins - Gerry Britton, Derek Whyte - Tommy Bryce - Jackie Macnamara -Alan Archiebald I'd say it only worked out twice

Why Graham as assistant?

The tiredness one is a worry, as the parks currently are in decent nick, wait till they start getting heavy as winter comes in. Playing Aero at 60% shows that where the squad may have depth, it’s not balanced in that depth. We have loads of forwards, but center of park (midfield and Centre Half) we are light.

This is a genuine question, could the club afford to pay off him, Scally & Archie? Do they not have 18 months left on their contracts

Me too. After last 4 games I’m not so buzzing for this now

Ian comes across brilliantly in this, and the reaction from the panel to what’s going on tells its own story

Nisbet was a product of the Hibs youth team till 16. The grassroots part of the academy first and foremost actually gives kids (and their parents) an attachment to the club, this could be your future season ticket holders, or a future Academy player if they shine. As a club competing in a city with the Old Firm we need to be in the community trying to entice the next generation of fans through. Kids go free is no longer walk up, so local kids won’t just appear to see a game and catch the bug, they’ll spend the fiver elsewhere. The grassroots shambles will just add to the difficulties of getting young fans to ignore iPads, TV games and the Old Firm and come and support the Jags

And a coach is also weighing in

Hypothetically a true fan ownership model, that raises funds would fund the things it’s membership deems right, obviously the Fan Ownership board would make recommendations based on input from the fans and the wider community, the grassroots I would say would fall in this category. The problem is, the fan ownership vehicle chosen, has no income and does not communicate with its beneficiaries. So even if it had money it wouldn’t know what fans wanted it allocated to, and the opposite scenario is also true even if it had communicated with the beneficiaries it has no bank account or funds to fulfill their wishes. Things could have been so much different if the real fan ownership model was chosen

The chair categorically stated they did not need our funding. I’m sure this could have been an outlay we could have helped in if asked.