Jordanhill Jag

Ok - stand corrected - just very odd that the Club never stated he was our player prior to Doncaster announcement

The Fee will be a % of the Training Compo - he was never a Thistle Player & the bulk of the Money will go to Celtic.

We currently have a US Investor with circa 8% of the Shares - numerous other random US Shareholders with 12% However the £ Million from these Shares has gone Its been established that there is a Guarantee of 51% for Fans - so we have possibly 10% to sell It makes no difference if Fan Ownership is 51% or 69% The current deal means that the 20% have there cash pretty much guaranteed if things went pear shaped - so overall selling off another 10% doesn't impact on anything & might bring fresh blood into the place

So why not have more ?

TJF after Tranche 2 stated that Thistle Trust shareholding would not fall below 51% - so the door was left open for additional investment Fan ownership after Tranche 1&2 was less than 70% - so anything between 69-51% has zero impact ref ownership

League One ( or old second division ) vs Premier League under Bertie

The nearest we came to Promotion was when we finished 4th under Dools

Possibly better run -and maybe even promoted Over the two previous Seasons ( excluding this one ) Like for Like was a 25% increase in Revenue but with an 11% Reduction in losses compared to the previous two under Jlo and we are achieving the Play Offs - same as Jlo So the actual increase from TJF has simply gone to Finance Trading losses- due to poor management TJF pick the Board and sign off all major Finance Decisions No one is grasping at Straws - the numbers are there and we are no better off than we were under the Jlo Board in performance terms what you and TJF + there Supporters are suggesting is more of the same with some sprinkles of the “5 Year Plan” to deflect from the fact we are stuck in a loop with the same people -making the same decisions - and no real plan to move us forwards everyone objecting to my posts -are the same people who argued for the Financial Carcrash of the last few years -then were surprised at the massive losses

It certainly wasn't previously as overhead increases massively So unless its well managed- Finances are eaten up

Most of the difference in Prize Money goes in Bonuses And its debatable if a gap between games is advantageous

We have been in the Play Offs four Seasons in a Row - and each Year we target the Play Offs Finishing 4th or 2nd makes zero difference- unless your promoted the only way that happens is if we are competently run off the park to ensure we can fund a proper promotion challenge eg - we did not strengthen in January because of lack of Funds which most likely cost us promotion. There is No Strategy to get us promoted - the Strategy is the Status Quo ( + some 5 Year Plan Sprinkles to dress it up ) We do not have a Set Up that gets us promoted

There is also another Scenario - if we go bust- the Preference Shares pay out first ( which is the whole point in making them preference shares ) - and our Assets will cover there Value. TJF could have looked for alternative funding at the time - we had Directors Loans and potentially other offers And we definitely didn't need to sell off Tranche 2 - TJF created that position by agreeing a £280K loss making budget -without adequate Cash Reserves to cover it

Tony Bloom has 29% - not 8% And he doesn't have the Right of Veto ( in fact he doesn't even have Voting Rights) And all the Clubs mentioned + Motherwell + Falkirk have all made a success of Fan Ownership We are going backwards as a Business - compared to Jlo Board & stagnating in the Championship So maybe ask why there succeeding and we are not -under Fan Ownership

And all these Clubs ( including St Mirren ) have used there Fan Ownership to drive the Club forwards As Club - we are stagnating in the Championship As a Business - we are going backwards

Where have I "fabricated " anything ? Or is this another variation of me being called a Liar- when I was stating the Club Finances were unsustainable ?