Maboza

We didn’t ‘win’ £2m. Our league prize money was just under £1.8m. Approximately £400k increase on 10th place. So, if we’re dicing with danger on the budget - that was the additional value that we were doing it for. Add on League attendances increase as well. Worth remembering that the club waited decades for a pay day like the McGinn money. Then the Covid loan money has been and gone as well. I don’t think anyone should underestimate the financial prudence that is required at a club like Saints.

I said previously and will say again: What is the likelihood of Renfrewshire Council mistakenly shading a piece of land next to the stadium for a multi-million pound funding bid? Let’s get this right - not just the long, derelict piece of land (if we don’t were to believe that they were just pointing to any old scrap of spare land) - it just so happens to be the exact piece of land that stops and starts at the precise boundary of land owned by St.Mirren FC. That’s exactly what is on the bid. The St.Mirren board and Kibble want us to believe and accept that Renfrewshire Council mistakenly applied shading to point to that exact land. And they did so without Kibble pointing to it.

Absolutely agree. I’d also love to know what the club / charitable foundation involvement would have been moving forward. Given they were fronting the bid in name, would there have been operational costs? Who was intended to be running the show?

So… of all the land that could have been marked up incorrectly on an application, it just so happened to be the club’s land that was mistakenly shaded. And the fact that Kibble were representing a bid as SMFC charitable foundation without their knowledge doesn’t matter - because it was just at an early speculative stage. Those are the facts that we are asked to accept.

I get the two previous posts that are more willing to give the team a pat on the back, rather than criticise. I recognise that top 6 is an achievement and they deserve credit. It doesn’t mean that we’re wrong to want more from them. We’re in the position we are because of the ability they’ve shown as a team over the season. We should have been bounding into then final 5 matches after 3 points in a Killie match, but we froze. Same again yesterday for the first 45. While I recognise the bigger budgets of teams like Hibs, we’ve proven that we can compete currently so it’s a disappointment when we let ourselves down on the day. I live in hope for a win at home next week 🙏🏻

Can't remember the actual investment at the beginning, but it is in profit according to the last audited accounts. So it’s still sitting there as an investment? Or at least was, in the last set of accounts?

Do I remember correctly that the club, with his guidance, invested hundreds of thousands in the stock market? I’m sure it was him that was lauding the great decision and how well the investment was doing compared to money just sitting in the bank.

Indeed. They certainly got handed a fairly disproportionate amount of power for their minority stake.

I’ve read but it doesn’t answer any of the points I raised.

I’m sure we were told that SMISA would have first option to buy. As usual, it was a vague statement at the sales pitch stage that went by without due scrutiny. Here were/are the key questions: 1) Can SMISA trigger that purchase of the 27.5% Kibble shares unilaterally? 2) Is the price; (A) fixed at what Kibble paid (as SMISA would originally have been entitled to); (B) is it adjusted for inflation, or (C) is it a valuation of Kibble’s determining? 3) If the scenario turns 2(C), what comeback to SMISA have if they are unable to meet the price set by Kibble and therefor render the ‘first refusal’ status useless? Is there any other control over who* Kibble would sell to beyond matching their sale price? *Presumably the existing powers of Kibble and 2 board seats would be up for grabs to anyone they sell to.

For a few years now we’ve only heard vague words from Kibble about how they justified spending charity money on SMFC. Those were along the lines of shared visions, employment opportunities, community, etc. There’s obviously more to, and always has been. They should be honest and share their business plan(s), and how they expect to benefit financially from their investment in SMFC. If the statement is true about the funding application, there are many questions to be answered. If it is planned for SMFC owned-land, what is the value of that land? Will it be paid for? Is the St.Mirren branding within the funding application a smoke-screen to suggest that the club are benefiting from it despite not being part of the application process? What value will SMFC make from this? Edit to add : I’m not opposed to the development of unused land. It would presumably bring job creation and build up the area. The single, most important thing however, is how it benefits St.Mirren FC. If there’s a business proposal, the members should be able to consider that alongside the relevant facts, figures and land valuation. Any party not conducting themselves in that manner is simply taking the supporters for mugs.

I’ve been stuck trying to find opening hours in the past as well. If you’re checking on a phone, they are right at the bottom of the homepage, or at the bottom of the pop-out side bar to the right of the screen.

6th place is an achievement in a sense but it’s just an extra league position and some extra cash at the end of the day. Partick got it a few years ago and celebrated it as a huge success and then plummeted immediately after the split and have still never recovered. With 5 places on the go for European football, the real prize has to be securing that. That’s what would make a real memory for me and generations of fans who have never seen us in Europe. If we don’t get it, it’s essential that the club/manager/players has the mentality to use the top six finish as a springboard to repeatedly challenging, rather than as a one off success.

Thanks Kevo. My mistake in that case. I was sure he won something but may be mistaken.

Pretty sure he won the bid for the sock sponsorship at the last POTY dinner - yet we seem to have a company called ScotJet as sock sponsors. Could it be that this lad didn’t stump up the cash I wonder?