Jordanhill Jag
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I think that was because we had appionted a Sporting & Recruitment Director rather than Mark Wilson not being able to be the Manager
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Wilson has stated there is No Money in the Budget for short term signings
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Why do you think he is a Head Coach as opposed to a Manager ? He has obviously used connections to bring in Players + he has been a Manager with other Clubs What do you think he isnt doing that a Manager does ?
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Saw somewhere else its 1120 500 Tickets went to Jags for Life ST Holders - a number “retained” by the Club - so guessing maybe 400- 500 to the 1200 Standard ST holders
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I thought it was roughly 1600 for the away stand at St Mirren ?
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Did you buy it from Mo Johnston 😎😀
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I dogged School also - got three of the belt for it next day - the Chemistry Teacher grassed us up - in these days you really did “suffer” for the cause if memory serves there was a fair old Crowd that day
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There was plenty of IT people at the AGM - no idea what they were doing
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Thats totally incorrect - I have questioned TJF and there cosy relationship with the Board meaning they backed decisions to the detriment of the Club - TJF and the concept of Fan Ownership are not the same thing
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So you’re implying that the report on the AGM isn't true -because Im supposed to be against Fan Ownership ? As it happens Im a member of TJF Being critical of how the Club is run -and the Boards relationship with TJF has nothing to do with Fan Ownership - it works perfectly well at Hearts - Motherwell and St Mirren
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I think your going back more than 50 Years to get Crowds of 6500 - someone suggested as far back as the 1940s as for £6.5 MN turnover ?
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They are targeting break even - but factoring in we are getting £250K + of Cup Money its near impossible not to + £60K from Tranche 2 also in this Season Still getting a CEO - no firm dates
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I will try and give a brief run down - and to put this into perspective the set of Accounts are the Second Highest Losses in Club History First thing of Note ~ is that there were No Minutes of the previous AGM - they were either not taken ~ or they were lost There was an attempt to Vote in the Board before the Accounts were approved - it had to be pointed out that Boards are voted based on the Financial Performance - and that the Accounts get approved first Then there was a Report on the Accounts - it was read out by the Auditor who has No role at PTFC beyond Auditing our Books - he simply read from the published Accounts - in the last 25 Years of attending AGMs- the Club auditor has played no part in the AGM ? There was No report on the Finances from the Board - again unprecedented - when there was an attempt to ask Questions on the Finances from Shareholders - it was advised that there would be a Q&A Session at the end of the AGM Now this is important - the Shareholders legally have to approve the Accounts - yet were being blocked on asking Questions and were advised Questions could be asked at the end of the Meeting - so in essence - approve the Accounts without Questions - again unprecedented in our History. It was pointed out that this wouldn't be happening Questions were asked of the Accounts by myself and couple of others - No response from the Board in the Room - actual Silence - blank Stares - Donald McClymont attempted to respond as best he could from the US - but we had the bizarre position of a Mike being held up to a laptop - so hardly ideal - but at least he did try and respond - Key questions on Finance and the response is from the other side of the World via a Mike on a laptop which you could hardly hear - it was farcical ( again not Donald McClymonts fault ) The whole Comms set up was shambolic in general Going back to those four Directors present - the Question was on Cash Reserves covering forecast losses - not complicated - but clearly they had no idea what the question was about In essence a number of Key points were established - when the £280K Budgeted loss was stated- its unlikely that there was adequate cash reserve to cover the losses - which meant we were in danger of running out of cash ( I did point this out at the time - but was in effect told to shut up) The justification was that Tranche 2 was covering it - but at that point Shareholders had not agreed to Tranche 2 - albeit we were advised there had been ongoing detailed discussions with the Trustees. So if Tranche 2 wasn't voted through - we could have gone bust. In addition - the promises on the spend of Tranche 2 could never be fulfilled - because it was being used to cover Trading losses -again I attempted to point this out art the time - as it turned out the Trading losses were a lot Higher than forecast - so its pretty much gone So we sold off 10% of the Club with next to nothing to show for it - but no one is accountable ? - a Big Boy did it and Ran away Again it should be emphasised - the Directors in the Room could not answer the Questions put to them on the Second Highest losses in our History and attempted to have the Accounts Voted through without Questions and had a Third Party ( unconnected to the Club ) read the Accounts Its also worth noting that when Votes were asked for to approve the Accounts and Vote in Directors - only those "for" were asked for - even if there is a majority - Shareholders are entitled to Vote "against" to show there disagreement - this was not allowed We were then given a Snapshot of the "5 Year Plan" - summed up - we are going to have Crowds of 6500- and a Turnover of £6.5MN in 5 Years. I want to draw a comparison to the Jlo Board ~ they were hauled over the Coals for lesser losses - they did attempt to answer questions - albeit not very well - but they did try and answer them- they were then forced out the Door & mass protests ( I'm not arguing they should have remained ) - but these results are worse . There seems to be different standards of expectation's from different Boards . It has become very clear that the Club AGM over the last couple of Years has become an inconvenience - all key decisions have already been taken in meetings with the Trustees prior to the AGM ~ the Directors see it as a pain that they have to go through the process of answering questions to people who they have no interest in -to the extent that its lip service ~ or in the case of Finance ~Questions not answered at all As for the 5 Year Plan - its getting published in March - again Shareholders ( beyond TJF ) have no say on wither we agree with it. The Board ( and most likely the Trustees ) will think Job Done - move on - but we recorded the Second Largest Loss in our History - and no one cared. No one Responsible - No Apology - no Acknowledgement - NADA - don't even bother to answer questions.
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The Jags Foundation - News Bulletin Thread
Jordanhill Jag replied to Woodstock Jag's topic in Main Jags forum
Pre Transfer Window - Lambie did love a random Friday Signing 😀 -
The Jags Foundation - News Bulletin Thread
Jordanhill Jag replied to Woodstock Jag's topic in Main Jags forum
The basics of running a Football Club are the same - just lots of roles created to make it look like your doing what the big clubs do