javeajag Posted September 4, 2019 Author Report Share Posted September 4, 2019 6 minutes ago, Semi Nurainen said: I would hope so, but that's not what the words seemed to say. If elsewhere means East End Park and Love Street I'm not convinced yet (but could be). Engage with them they have their answers Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 4, 2019 Author Report Share Posted September 4, 2019 7 minutes ago, Norgethistle said: I’m getting more confused by this with each post. I thought initially this was a rival bid for the 9’s shares now it seems to be to dilute them by 25% (which then makes the figure of 24% not make the 50+1 model) I don’t see a target value or how it will be attained I don’t see how my % would gain me a vote or share on deciding the board, or if I put in 5X more than say JavaJag if I’d have 5X more votes. I don’t see where liability for debt etc lies If I’m honest I see this as an opportunity for a wealthy backer to gain control of the club via the backdoor under fan ownership. Why not speak to them ? because that’s not what they are saying at all Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 4, 2019 Report Share Posted September 4, 2019 1 minute ago, javeajag said: Why not speak to them ? because that’s not what they are saying at all I did and those exact questions were not answered Quote Link to comment Share on other sites More sharing options...
Auld Jag Posted September 4, 2019 Report Share Posted September 4, 2019 This should be retitled 'New Owner' part2. 1 2 Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 4, 2019 Author Report Share Posted September 4, 2019 8 minutes ago, Norgethistle said: Tax relief 19 minutes ago, Big Col said: No - are there more details on that then? Because there’s nothing on the website, other than the plan will be confirmed once there are enough pledges. If you want to know more ask them ! They respond ! Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 4, 2019 Author Report Share Posted September 4, 2019 14 minutes ago, Norgethistle said: I did and those exact questions were not answered They answered mine Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 4, 2019 Report Share Posted September 4, 2019 1 minute ago, javeajag said: If you want to know more ask them ! They respond ! Directly messaged them now Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 4, 2019 Author Report Share Posted September 4, 2019 5 minutes ago, Norgethistle said: Directly messaged them now Cool.... they seemed eager to answer any questions .... I did it through Facebook Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 4, 2019 Report Share Posted September 4, 2019 22 minutes ago, javeajag said: Cool.... they seemed eager to answer any questions .... I did it through Facebook Yes and they read the comments on here too, 1 Quote Link to comment Share on other sites More sharing options...
ChiThistle Posted September 4, 2019 Report Share Posted September 4, 2019 For anyone trying to understand the aims/origins of the fan ownership group, I thought the interview posted earlier was a good start. Kudos for transparency. As an aside, where the hell are the journos on this? American journalists would have already published, retracted, and re-published by now. Are they waiting for a press release they can slightly reword so it looks like they made an effort? Quote Link to comment Share on other sites More sharing options...
dl1971 Posted September 4, 2019 Report Share Posted September 4, 2019 I've no real idea whether a fans ownership would work. But to castigate a potential new way forward at the very outset....by some, must be deflating. Fans eh? At worst it's another option to explore. At best a degree of control on the club future. Quote Link to comment Share on other sites More sharing options...
Dick Dastardly Posted September 4, 2019 Report Share Posted September 4, 2019 4 minutes ago, ChiThistle said: For anyone trying to understand the aims/origins of the fan ownership group, I thought the interview posted earlier was a good start. Kudos for transparency. As an aside, where the hell are the journos on this? American journalists would have already published, retracted, and re-published by now. Are they waiting for a press release they can slightly reword so it looks like they made an effort? The journos will be waiting for a reference to one of the 2 clubs they have heard of 1 Quote Link to comment Share on other sites More sharing options...
dl1971 Posted September 4, 2019 Report Share Posted September 4, 2019 I've no real idea whether a fans ownership would work. But to castigate a potential new way forward at the very outset....by some, must be deflating. Fans eh? At worst it's another option to explore. At best a degree of control on the club future. Quote Link to comment Share on other sites More sharing options...
lady-isobel-barnett Posted September 4, 2019 Report Share Posted September 4, 2019 50 minutes ago, Auld Jag said: This should be retitled 'New Owner' part2. Absolutely spot on. Bore the vast majority into submission. Result , general apathy. Quote Link to comment Share on other sites More sharing options...
Auld Jag Posted September 4, 2019 Report Share Posted September 4, 2019 1 minute ago, lady-isobel-barnett said: Absolutely spot on. Bore the vast majority into submission. Result , general apathy. This thread or Brexit LIB ? Quote Link to comment Share on other sites More sharing options...
Semi Nurainen Posted September 4, 2019 Report Share Posted September 4, 2019 1 hour ago, javeajag said: Engage with them they have their answers Fair enough, I will. Quote Link to comment Share on other sites More sharing options...
Jaggernaut Posted September 4, 2019 Report Share Posted September 4, 2019 12 hours ago, stolenscone said: Google search for “companies house beta”. On the website homepage, plug “Partick Thistle Football Club” into the search bar. The first entry will be the club. Click “filing history”. The entry that you are looking for is the “confirmation statement” which is dated 9 Jan 2018 - the entries are in date order, so it’s easy enough to find. Click the “view pdf” button and you’ll find the list. Thanks. Will do just that. Quote Link to comment Share on other sites More sharing options...
Jordanhill Jag Posted September 5, 2019 Report Share Posted September 5, 2019 6 hours ago, javeajag said: I don’t think anyone expects anything other than a board elected from members and an executive if people who know what they are doing .....it does actually work like this elsewhere And if a Benefactor Steps in to fund it but the Condition is seats on the Board - would you be for that ? Quote Link to comment Share on other sites More sharing options...
ChiThistle Posted September 5, 2019 Report Share Posted September 5, 2019 You guys, I just finished submitting a short message to NewCity via their web site. I’m sure a response will be forthcoming and will update everyone accordingly. Quote Link to comment Share on other sites More sharing options...
scotty Posted September 5, 2019 Report Share Posted September 5, 2019 4 hours ago, Jordanhill Jag said: And if a Benefactor Steps in to fund it but the Condition is seats on the Board - would you be for that ? If s and but s. They can only work with what they've got. Quote Link to comment Share on other sites More sharing options...
jaf Posted September 5, 2019 Report Share Posted September 5, 2019 They definitely cannot be criticised for communication. I have asked questions direct to individuals involved and had open answers. Quickly. If they are being bombarded then that’s quite a time commitment from them, so well done to the guys involved. Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 5, 2019 Author Report Share Posted September 5, 2019 6 hours ago, Jordanhill Jag said: And if a Benefactor Steps in to fund it but the Condition is seats on the Board - would you be for that ? Say what you really mean ! Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 5, 2019 Author Report Share Posted September 5, 2019 27 minutes ago, jaf said: They definitely cannot be criticised for communication. I have asked questions direct to individuals involved and had open answers. Quickly. If they are being bombarded then that’s quite a time commitment from them, so well done to the guys involved. Good to hear Quote Link to comment Share on other sites More sharing options...
Jordanhill Jag Posted September 5, 2019 Report Share Posted September 5, 2019 1 hour ago, javeajag said: Say what you really mean ! They stated that under there Rules you cant buy a seat on the Board - so if the only way of purchasing the Shares is to use the St Mirren Model where a Benefactor Buys the Shares - with the long term agreement that when the Fans raise the required Funds Shares will be sold to the Fans in tranches but meantime the Benefactor wants Seats on the Board ( same as St Mirren ) are you in support of this scenario ? Given its a Model thats been referred to as "Fan Ownership" then its a reasonable question ? Quote Link to comment Share on other sites More sharing options...
Jordanhill Jag Posted September 5, 2019 Report Share Posted September 5, 2019 3 hours ago, scotty said: If s and but s. They can only work with what they've got. But they clearly state you cant "Buy a Seat on the Board " So by there own rules anyone giving cash cannot get any influence in the Boardroom beyond getting a single Vote Also in a normal Company I own 7% Shares - I have 7% Voting Rights - under this scenario I can own 0% Shares but have the same voting rights as the 7% ? Partick Thistle are a Limited Company - voting rights are controlled by the Companies Act - its also been stated that only members of this Group can be elected to the Board - Im not actually sure thats in line with the Companies Act - and if your not part of this "Group" you cant be elected to the Board ? Again not 100% sure where that sits as a limited Company - the Directors are beholding to Shareholders not a "Group" and thats all the shareholders not just the ones they like Quote Link to comment Share on other sites More sharing options...
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