Fawlty Towers Posted October 14, 2021 Report Share Posted October 14, 2021 (edited) PTFC Accounts Not an accountant but looks decent given everything that has happened in the last 18 months. Kieran Maguire is certainly impressed: Despite relegation to Scotland’s third tier the previous season and Covid-19 Partick Thistle managed to break even financially, get promoted and publish full accounts by mid October. Why can’t other clubs operate such a model? Revenue down 44%, furlough income £500k #PTFC Edited October 15, 2021 by Fawlty Towers Quote Link to comment Share on other sites More sharing options...
gianlucatoni Posted October 14, 2021 Report Share Posted October 14, 2021 Link not working for me FT Quote Link to comment Share on other sites More sharing options...
East Kent Jag II Posted October 14, 2021 Report Share Posted October 14, 2021 Link didn't work for me either. But income pages below Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted October 14, 2021 Author Report Share Posted October 14, 2021 Have put in new link so hope that works now. Quote Link to comment Share on other sites More sharing options...
gianlucatoni Posted October 14, 2021 Report Share Posted October 14, 2021 I suppose a profit is to be applauded given the last year we’ve had - contributions from fans proving very welcome indeed. Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted October 16, 2021 Author Report Share Posted October 16, 2021 The part I found interesting was this: "By the time of the AGM, it is also likely that the club will have announced an exciting new commercial partnership that will underpin and stabilise our financial future, offering a degree of protection from the vagaries of football, short and long term" Quote Link to comment Share on other sites More sharing options...
Lenziejag Posted October 16, 2021 Report Share Posted October 16, 2021 41 minutes ago, Fawlty Towers said: The part I found interesting was this: "By the time of the AGM, it is also likely that the club will have announced an exciting new commercial partnership that will underpin and stabilise our financial future, offering a degree of protection from the vagaries of football, short and long term" Although, if it doesn’t happen it will be a bit embarrassing Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted October 16, 2021 Author Report Share Posted October 16, 2021 4 minutes ago, Lenziejag said: Although, if it doesn’t happen it will be a bit embarrassing True and that is part of the interest. Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted October 17, 2021 Report Share Posted October 17, 2021 19 hours ago, Lenziejag said: Although, if it doesn’t happen it will be a bit embarrassing Hopefully we break from what has became the norm with past announcements that never came to fruition, “RealScottishFootball”,”TAG”, “McParland park”, “South Stand”, “Steedmans investment” to name a few. Im hoping this was concrete before being announced this time. 2 Quote Link to comment Share on other sites More sharing options...
a f kincaid Posted October 17, 2021 Report Share Posted October 17, 2021 20 minutes ago, Norgethistle said: Hopefully we break from what has became the norm with past announcements that never came to fruition, “RealScottishFootball”,”TAG”, “McParland park”, “South Stand”, “Steedmans investment” to name a few. Im hoping this was concrete before being announced this time. You can add Buster Blood Vessel too! Quote Link to comment Share on other sites More sharing options...
East Kent Jag II Posted October 17, 2021 Report Share Posted October 17, 2021 In the report of the directors, the following is of interest. "At the time of this report 55% of the shares in PTFC and title to the land is held by Three Black Cats Ltd (3BC) although the Club has a legally granted Licence to Occupy. It is planned that by the time of the Club's AGM, a timetable will have been made public for the majority shareholding to transferred to the new fan entity, The Jags Foundation immediately followed by the land being transferred to the club as per the late Colin Weir's wishes and that of the publicly stated intentions of the directors of 3BC." It would appear to me that the Estate of Colin Weir has been finalised, although looking at the progress of the Foundation of Hearts, the road to final fan ownership may still be a rather long and rocky path. Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted October 17, 2021 Author Report Share Posted October 17, 2021 So it looks like a couple of things to be announced (hopefully) by the time the AGM comes around, which has been by the end of November in recent years if memory serves. Let's hope the team can do their part on the pitch and we can return to a more positive feel around the club. 1 Quote Link to comment Share on other sites More sharing options...
lady-isobel-barnett Posted October 17, 2021 Report Share Posted October 17, 2021 3 hours ago, Norgethistle said: Hopefully we break from what has became the norm with past announcements that never came to fruition, “RealScottishFootball”,”TAG”, “McParland park”, “South Stand”, “Steedmans investment” to name a few. Off on a tangent slightly but what happened re the under canvas fans bar in the JH car park? Genuine question so please avoid cracks about marquee signings and lack of intent. Quote Link to comment Share on other sites More sharing options...
BowenBoys Posted October 17, 2021 Report Share Posted October 17, 2021 3 minutes ago, lady-isobel-barnett said: Off on a tangent slightly but what happened re the under canvas fans bar in the JH car park? Genuine question so please avoid cracks about marquee signings and lack of intent. You're asking the wrong guys. Quote Link to comment Share on other sites More sharing options...
jlsarmy Posted October 17, 2021 Report Share Posted October 17, 2021 35 minutes ago, lady-isobel-barnett said: Off on a tangent slightly but what happened re the under canvas fans bar in the JH car park? Genuine question so please avoid cracks about marquee signings and lack of intent. Gerry Britton applied for license at the Licensing Board meeting and it was granted , so there is no reason why it still won’t happen Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted October 17, 2021 Author Report Share Posted October 17, 2021 2 hours ago, lady-isobel-barnett said: Off on a tangent slightly but what happened re the under canvas fans bar in the JH car park? Genuine question so please avoid cracks about marquee signings and lack of intent. As I recall they asked for it because they thought the Aitken Suite would be unavailable as players were using it for changing but there must have been a change in the Covid guidelines as the Aitken Suite is in use on matchdays so need for the marquee. Quote Link to comment Share on other sites More sharing options...
avie-man Posted October 18, 2021 Report Share Posted October 18, 2021 On 10/16/2021 at 1:40 PM, Lenziejag said: Although, if it doesn’t happen it will be a bit embarrassing Must be due to have another go at the bing. 2006, 2010, 2014 before. Quote Link to comment Share on other sites More sharing options...
Jaggernaut Posted October 18, 2021 Report Share Posted October 18, 2021 1 hour ago, avie-man said: Must be due to have another go at the bing. 2006, 2010, 2014 before. Just put in dozen rows of benches and a couple of portaloos at each end. Then, when we get rich and into Europe, add a tarpaulin roof. Solved! Quote Link to comment Share on other sites More sharing options...
Garscube Road End 2 Posted October 19, 2021 Report Share Posted October 19, 2021 (edited) 4 hours ago, Jaggernaut said: Just put in dozen rows of benches and a couple of portaloos at each end. Then, when we get rich and into Europe, add a tarpaulin roof. Solved! Tarpaulin roof? That might 'stretch' the budget a bit. Corrugated iron. Put the away support in there, so when it pours, it deafens them! Edited October 19, 2021 by Garscube Road End 2 Quote Link to comment Share on other sites More sharing options...
Jaggernaut Posted October 19, 2021 Report Share Posted October 19, 2021 4 hours ago, Garscube Road End 2 said: Tarpaulin roof? That might 'stretch' the budget a bit. Corrugated iron. Put the away support in there, so when it pours, it deafens them! Brilliant! And put it at an angle sloping down towards the front, so that the run-off will obscure their view. Quote Link to comment Share on other sites More sharing options...
Garscube Road End 2 Posted October 19, 2021 Report Share Posted October 19, 2021 6 hours ago, Jaggernaut said: Brilliant! And put it at an angle sloping down towards the front, so that the run-off will obscure their view. That is a masterstroke. Just don't let then near our bing gnomes. Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted November 30, 2021 Author Report Share Posted November 30, 2021 The AGM is on Thursday and probably won't receive the same media attention afforded the younger Glasgow teams in recent weeks so if someone here is attending some feedback would be much appreciated - thanks. Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted January 7, 2022 Report Share Posted January 7, 2022 The £518k “other operating income” on the accounts, do we know if this was a loan from 3BC? And if so would it need repaying at the share handover in 3 or 4 months? Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted January 7, 2022 Author Report Share Posted January 7, 2022 1 hour ago, Norgethistle said: The £518k “other operating income” on the accounts, do we know if this was a loan from 3BC? And if so would it need repaying at the share handover in 3 or 4 months? Don't know the specifics of the income but what has always been said about fan ownership is that there is nothing to pay. Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted January 7, 2022 Report Share Posted January 7, 2022 31 minutes ago, Fawlty Towers said: Don't know the specifics of the income but what has always been said about fan ownership is that there is nothing to pay. Your correct FT that was definitely mentioned Quote Link to comment Share on other sites More sharing options...
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