MarciaBlaine Posted June 15, 2023 Report Share Posted June 15, 2023 Have to give credit where it's due, I was critical of some of TJF's comms in the past but the recent ones have been first rate - engaging, clear and passionate 👍 Quote Link to comment Share on other sites More sharing options...
sandy Posted June 15, 2023 Report Share Posted June 15, 2023 12 minutes ago, MarciaBlaine said: Have to give credit where it's due, I was critical of some of TJF's comms in the past but the recent ones have been first rate - engaging, clear and passionate 👍 What he said Quote Link to comment Share on other sites More sharing options...
CillitB4ng Posted June 15, 2023 Report Share Posted June 15, 2023 1 hour ago, sandy said: She was a charlatan, of the highest order I can think of a different word starting with C to describe her. Quote Link to comment Share on other sites More sharing options...
Garscube Road End 2 Posted June 15, 2023 Report Share Posted June 15, 2023 4 minutes ago, CillitB4ng said: I can think of a different word starting with C to describe her. Charismatic??? Quote Link to comment Share on other sites More sharing options...
lady-isobel-barnett Posted June 15, 2023 Report Share Posted June 15, 2023 Wishing new TJF Board members Lynsey Kane, Jack Carson and Stuart Goldie all the very best. 1 Quote Link to comment Share on other sites More sharing options...
madcapmilkdrinker Posted June 15, 2023 Report Share Posted June 15, 2023 This from the Times article. “TJF have already donated £50,000 to the club to ease some of the pressure, and have pledged a further £10,000 a month for the next year. There’s just one problem – the organisation doesn’t currently generate that much revenue.” Anyone care to comment on this somewhat troubling statement? Is it true? I’d hate to see us in a Save The Jags Foundation scenario. Quote Link to comment Share on other sites More sharing options...
dpj Posted June 16, 2023 Report Share Posted June 16, 2023 6 hours ago, madcapmilkdrinker said: This from the Times article. “TJF have already donated £50,000 to the club to ease some of the pressure, and have pledged a further £10,000 a month for the next year. There’s just one problem – the organisation doesn’t currently generate that much revenue.” Anyone care to comment on this somewhat troubling statement? Is it true? I’d hate to see us in a Save The Jags Foundation scenario. This was discussed during Q&A last night and due to increased membership and existing members increasing their donation amount there appears to be no issue with fulfilling this commitment. Quote Link to comment Share on other sites More sharing options...
Lenziejag Posted June 16, 2023 Report Share Posted June 16, 2023 6 hours ago, madcapmilkdrinker said: This from the Times article. “TJF have already donated £50,000 to the club to ease some of the pressure, and have pledged a further £10,000 a month for the next year. There’s just one problem – the organisation doesn’t currently generate that much revenue.” Anyone care to comment on this somewhat troubling statement? Is it true? I’d hate to see us in a Save The Jags Foundation scenario. I thought I read that contributions increased by £4k a month last week, which took the TJF income over the pledged amount. Quote Link to comment Share on other sites More sharing options...
1876 Posted June 16, 2023 Report Share Posted June 16, 2023 Was at the meeting last night their was about 80 members and 27 on zoom usual faces from save the jags tbh spoke about the last board. And the position they left us in . introduced 3 new members to the tjf board .they seem very confident for the future of the club but obviously still looking for new members and subscriptions also passed a motion for under 16s to become members of tjf and that will be getting processed ASAP . Quote Link to comment Share on other sites More sharing options...
CillitB4ng Posted June 16, 2023 Report Share Posted June 16, 2023 13 hours ago, Garscube Road End 2 said: Charismatic??? Confused. Quote Link to comment Share on other sites More sharing options...
Jaggernaut Posted June 16, 2023 Report Share Posted June 16, 2023 Conservative. Quote Link to comment Share on other sites More sharing options...
sandy Posted June 16, 2023 Report Share Posted June 16, 2023 Meant to say, pleased to see @Norgethistle re-elected 1 Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted June 16, 2023 Author Report Share Posted June 16, 2023 1 hour ago, sandy said: Meant to say, pleased to see @Norgethistle re-elected Thank you, and many thanks to all who stood and everyone who voted 6 Quote Link to comment Share on other sites More sharing options...
Woodstock Jag Posted June 18, 2023 Report Share Posted June 18, 2023 On 6/16/2023 at 12:21 AM, madcapmilkdrinker said: This from the Times article. “TJF have already donated £50,000 to the club to ease some of the pressure, and have pledged a further £10,000 a month for the next year. There’s just one problem – the organisation doesn’t currently generate that much revenue.” Anyone care to comment on this somewhat troubling statement? Is it true? I’d hate to see us in a Save The Jags Foundation scenario. To put this in context... In my Secretary's update to the TJF board about a month ago, I reported that monthly recurring pledges sat at about £7.6k. Once you took into account Thistle Pins sales and our running costs, that shook out to about £8k per month gross profit. In the last fortnight, we have seen monthly recurring pledges rise to about £13.7k. We are also anticipating that Thistle Pins sales will rise further. Some of our other costs will also rise, such as platform charges, with the increased volume of transactions. But on conservative estimates, we are now raising in excess of £10k per month. We are very confident, even allowing for the hosting of members' events, supporting community causes, and with general running expenses, that TJF can now sustainably contribute £10kpm to the Club for the foreseeable future. Before making the up-front £50k donation earlier this month, we had built-up cash reserves well in excess of that (thanks, in part, to a couple of significant one-off donations from members). That meant we could commit the £50k without eliminating our margin of safety (remember that, anyone?) and have enough cash reserves to operate and mobilise regular activities. In the longer-term, the Club, frankly, would really like to see fan fundraising jump beyond £120kpa. We had suggested to them, when discussing this, that £150k would be a difficult if achievable target (based on the fundraising capability of other fan-owned clubs and our then membership levels). With our new pledges baseline, that figure is extremely achievable. But there is no complacency at all. The Club will be looking to maximise revenue from other sources too, and in the longer-term it should not be dependent on fan fundraising to balance the budget (it should be a bonus if the Club is commercially well run). In the shorter-term, it is unavoidably part of the solution. 5 Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted June 18, 2023 Report Share Posted June 18, 2023 I think the last paragraph is key. Because of what the previous regime left behind the money from TJF is vital but longer term the club should be able to "wash its own face" so TJF funds are a bonus. I was glad to hear at the AGM on Thursday that Andrew thinks the club's budget is now based on sensible, non pie in the sky assumptions with budgetary controls back in place. Quote Link to comment Share on other sites More sharing options...
Woodstock Jag Posted June 18, 2023 Report Share Posted June 18, 2023 18 minutes ago, Fawlty Towers said: I think the last paragraph is key. Because of what the previous regime left behind the money from TJF is vital but longer term the club should be able to "wash its own face" so TJF funds are a bonus. I was glad to hear at the AGM on Thursday that Andrew thinks the club's budget is now based on sensible, non pie in the sky assumptions with budgetary controls back in place. As other TJF board members can attest, Andrew is robust and evidence-based in his approach with far more modest requests for TJF spend, so I have every confidence a Club board with him on it will be equally robust with the Club's budget! Quote Link to comment Share on other sites More sharing options...
Garscube Road End 2 Posted June 18, 2023 Report Share Posted June 18, 2023 20 minutes ago, Fawlty Towers said: I think the last paragraph is key. Because of what the previous regime left behind the money from TJF is vital but longer term the club should be able to "wash its own face" so TJF funds are a bonus. I was glad to hear at the AGM on Thursday that Andrew thinks the club's budget is now based on sensible, non pie in the sky assumptions with budgetary controls back in place. Aww! So no Champions League then? Disappointed. Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted June 18, 2023 Report Share Posted June 18, 2023 15 minutes ago, Garscube Road End 2 said: Aww! So no Champions League then? Disappointed. Not until season 2025/2026! Quote Link to comment Share on other sites More sharing options...
Jaggernaut Posted June 18, 2023 Report Share Posted June 18, 2023 4 hours ago, Woodstock Jag said: In the last fortnight, we have seen monthly recurring pledges rise to about £13.7k. We are also anticipating that Thistle Pins sales will rise further. Some of our other costs will also rise, such as platform charges, with the increased volume of transactions. But on conservative estimates, we are now raising in excess of £10k per month. Are Thistle Pins available online? Quote Link to comment Share on other sites More sharing options...
Woodstock Jag Posted June 19, 2023 Report Share Posted June 19, 2023 9 hours ago, Jaggernaut said: Are Thistle Pins available online? More to follow on this very soon. Quote Link to comment Share on other sites More sharing options...
delurker Posted June 19, 2023 Report Share Posted June 19, 2023 4 hours ago, Woodstock Jag said: More to follow on this very soon. Last 2 to complete my collection arrived today, thanks a lot! Quote Link to comment Share on other sites More sharing options...
Lambies Lost Doo Posted June 20, 2023 Report Share Posted June 20, 2023 Remember to look for email subject "PTFC Trust Deed Variation Indicative Vote" to vote Yes. I found mail in my junk folder. Quote Link to comment Share on other sites More sharing options...
madcapmilkdrinker Posted June 20, 2023 Report Share Posted June 20, 2023 Thanks for the typically exhaustive and thorough explanation @Woodstock Jag, much appreciated. Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted June 24, 2023 Author Report Share Posted June 24, 2023 On 6/19/2023 at 2:34 PM, delurker said: Last 2 to complete my collection arrived today, thanks a lot! Thanks for collecting, but we have more great pins coming soon so your collection will keep growing. I currently have mine on my scarf and I’m going to end up with a neck like a bison wearing it to the matches Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted June 24, 2023 Author Report Share Posted June 24, 2023 On 6/16/2023 at 10:02 AM, 1876 said: Was at the meeting last night their was about 80 members and 27 on zoom usual faces from save the jags tbh spoke about the last board. And the position they left us in . introduced 3 new members to the tjf board .they seem very confident for the future of the club but obviously still looking for new members and subscriptions also passed a motion for under 16s to become members of tjf and that will be getting processed ASAP . We are very confident of the future due to a few key factors - The membership growth - The membership engagement - The diversity in both membership and board - The fact the club now has sensible budgeting finally put in place - Junior membership coming through brings the next generation on the journey from a young age. We aren’t going to rest on our laurels, we still have a lot to do, and being lent the vote of our members puts a burden of responsibility on each of the board members to make this and the club a success for this generation and the next. I would encourage anyone not signed up to do so, it enables us to do more financially for the club, more for the membership and fan base at large and increases the democracy and demographics of the Foundation. 6 Quote Link to comment Share on other sites More sharing options...
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