buddiecool Posted November 30, 2011 Report Share Posted November 30, 2011 Campbell been selling you too many of those pints of fosters tonight Chick? Lost the plot again...?! It's CHIC, Actuallly - Would not drink that stuff especially at nearly £ 3 a pint ? it's even worse than the Pish You Spout on Here ! Mon The Possee !!! Quote Link to comment Share on other sites More sharing options...
bluto Posted November 30, 2011 Report Share Posted November 30, 2011 Now looking for around 1250 people to get involved to make the plan viable. I'll need to read the full ins and outs and then make my decision. Doubtless, like others, you'd also wait to hear about movement in the selling price before committing? Quote Link to comment Share on other sites More sharing options...
buddiecat Posted November 30, 2011 Report Share Posted November 30, 2011 It's strange that you think you couldn't get all St Mirren fans on the CIC to be of similar mind, but you assume that all corporate members would vote as a block. not at all. corporate groups would all have block votes and the biggest group would have best chance of winning, because individual fans will differ in opinion of what they see as right for the club they would need to get together and debate what options they want to vote for , and in my opinion that would not happen Quote Link to comment Share on other sites More sharing options...
reborn saint Posted November 30, 2011 Report Share Posted November 30, 2011 Doubtless, like others, you'd also wait to hear about movement in the selling price before committing? I think it's clear there will be no movement in the selling price but if 10000hrs offer say £1.6 million a final decision will be forced on the board to accept or reject it. If they have a better offer which can sustain the club then so be it. Quote Link to comment Share on other sites More sharing options...
bluto Posted November 30, 2011 Report Share Posted November 30, 2011 I think it's clear there will be no movement in the selling price but if 10000hrs offer say £1.6 million a final decision will be forced on the board to accept or reject it. If they have a better offer which can sustain the club then so be it. I disagree.From the tweets my impression is that there is a door waiting to be pushed. £2m is not a big ask, but a joke ask... Quote Link to comment Share on other sites More sharing options...
buddiecool Posted November 30, 2011 Report Share Posted November 30, 2011 I think it's clear there will be no movement in the selling price but if 10000hrs offer say £1.6 million a final decision will be forced on the board to accept or reject it. If they have a better offer which can sustain the club then so be it. If The Fans want It - They will Get IT ? LET's Take out a Provi Loan ? Same Fcking thing, Dont know about the interest on the " Soft Loans " That the Fan's will be lumbered with ? Quote Link to comment Share on other sites More sharing options...
ktf Posted November 30, 2011 Author Report Share Posted November 30, 2011 not at all. corporate groups would all have block votes and the biggest group would have best chance of winning, because individual fans will differ in opinion of what they see as right for the club they would need to get together and debate what options they want to vote for , and in my opinion that would not happen A moot point now as the whole corporate board stuff has been binned. It's now 1 member 1 vote whether you are a company putting in £10K or me paying £10/month. All votes equal the same. Quote Link to comment Share on other sites More sharing options...
Isle Of Bute Saint Posted November 30, 2011 Report Share Posted November 30, 2011 We all have different point of views that’s the way of the world. But really what I don’t get is some fans seem to think RA is trying to steal our club. Nothing anyone say’s can change the mind of some fans who seem to think that. I see it as a way of the fans having a say on how the club is run and safe guarding the club for generations. Ok if you are not in the financial position to join but if you can afford it. I really hope this works but some how I have my doubts. The reason for that is when the club was about to fold it put out an SOS share issue. If that share issue had worked we would still be playing football at Love Street. In the most part that share issue failed in the clubs hour of need. The club now looks safe so I honestly can’t see enough fans getting behind the CIC final push. Honestly hope I am wrong. It is going to take every single person who believes in this CIC to try and sell it onto the next fan. Nothing to lose and everything to gain so it’s worth a try. Quote Link to comment Share on other sites More sharing options...
buddiecool Posted November 30, 2011 Report Share Posted November 30, 2011 A moot point now as the whole corporate board stuff has been binned. It's now 1 member 1 vote whether you are a company putting in £10K or me paying £10/month. All votes equal the same. Aye ! But is " Dickie Disaster " your preffered Chairman ? Quote Link to comment Share on other sites More sharing options...
buddiecat Posted November 30, 2011 Report Share Posted November 30, 2011 A moot point now as the whole corporate board stuff has been binned. It's now 1 member 1 vote whether you are a company putting in £10K or me paying £10/month. All votes equal the same. my post was an answer to another post from yesterday, i don't get to go online during the day, 1 member 1 vote sounds ok it will start a whole new debate obviously and it will be interesting to see how those putting in £10k will accept having the same power as those who will pay considerably less Quote Link to comment Share on other sites More sharing options...
ktf Posted November 30, 2011 Author Report Share Posted November 30, 2011 Aye ! But is " Dickie Disaster " your preffered Chairman ? My preferred chairman would be whoever would do the best job for the club. That may be GLS, he has stated that he in on board with the CiC concept, so maybe he'd be the best person...! Quote Link to comment Share on other sites More sharing options...
ktf Posted November 30, 2011 Author Report Share Posted November 30, 2011 my post was an answer to another post from yesterday, i don't get to go online during the day, 1 member 1 vote sounds ok it will start a whole new debate obviously and it will be interesting to see how those putting in £10k will accept having the same power as those who will pay considerably less I think for the most part that seems to have been ok'd. The real benefit for corporate members was always the affiliation scheme, which technically would still exist... The corporate board stuff, which was always a sticking point for some, was just an add-on really. What matters, I'd imagine, to corporate members is the capacity to be affiliated with the town buying the club, the client base that comes with it, the chance to network and spread the net wider. That's just my take anyway... Quote Link to comment Share on other sites More sharing options...
buddiecat Posted November 30, 2011 Report Share Posted November 30, 2011 Aye ! But is " Dickie Disaster " your preffered Chairman ? if it's still under a cic then it's a director who needs to be elected - or directors - and a secretary is also allowed, they could draw remuneration from the cic which might interest some who have no other job or work commitments and would be able to devote the most time to the post. Or have these positions already been agreed i think they had to be to set up the cic in the first place, but a fresh board with only the cic to occupy their working day might be a better option, Quote Link to comment Share on other sites More sharing options...
Guest somner9 Posted November 30, 2011 Report Share Posted November 30, 2011 My preferred chairman would be whoever would do the best job for the club. That may be GLS, he has stated that he in on board with the CiC concept, so maybe he'd be the best person...! oh I'd expect a few current BoD peeps will be keen to put themselves up if it comes to pass, especially as they can get there for a lot less than what it cost the existing chairman! a slice of the £2m then back on the board... job's a good un! Quote Link to comment Share on other sites More sharing options...
Bud the Baker Posted November 30, 2011 Report Share Posted November 30, 2011 (edited) If the outcome of tonight is for the CIC to assume more debt to meet the consortium's asking price then I'm even more agin it. CIC, IPS call it what you will I've no interest in buying into this scheme where the club (which had a net debt of £336,510 as of May 31) will be controlled a body itself in debt. I'm out! Edited November 30, 2011 by Bud the Baker Quote Link to comment Share on other sites More sharing options...
HSS Posted November 30, 2011 Report Share Posted November 30, 2011 Any mention of the supporters bar? Quote Link to comment Share on other sites More sharing options...
alanmurray24 Posted November 30, 2011 Report Share Posted November 30, 2011 SOMNER9 Do us all a favour and change ur name Quote Link to comment Share on other sites More sharing options...
TsuMirren Posted November 30, 2011 Report Share Posted November 30, 2011 Any mention of the supporters bar? It would still go through and would be a standard bar, open to all. Quote Link to comment Share on other sites More sharing options...
buddiecat Posted November 30, 2011 Report Share Posted November 30, 2011 oh I'd expect a few current BoD peeps will be keen to put themselves up if it comes to pass, especially as they can get there for a lot less than what it cost the existing chairman! a slice of the £2m then back on the board... job's a good un! well they have held shares before so they will be due their slice of cake and their experience could serve us well Quote Link to comment Share on other sites More sharing options...
Guest somner9 Posted November 30, 2011 Report Share Posted November 30, 2011 well they have held shares before so they will be due their slice of cake and their experience could serve us well hey i'm not knocking it/them. Just highlighting there will be competition if this comes to pass, not the fixed odds it was before Quote Link to comment Share on other sites More sharing options...
reborn saint Posted November 30, 2011 Report Share Posted November 30, 2011 At least this is coming to an end........If enough back it .... It will happen ........If not It will fold. Quote Link to comment Share on other sites More sharing options...
ktf Posted November 30, 2011 Author Report Share Posted November 30, 2011 CIC, IPS call it what you will I've no interest in buying into this scheme where the club (which had a net debt of £336,510 as of May 31) will be controlled a body itself in debt. And I think that's totally fair enough bud. All I would say is that the shares are on sale and it's almost guaranteed that no-one would buy them without taking on debt to do so. That debt would then be passed to the club on its assets or paid back by drawing a wage from the club. Ok that's not the only way to do it, but the most likely... With the CiC there is a way to pay the debt back that is much safer to the club and it's assets. The debt would never touch the club. Alongside that, again, the shares will be sold, would you not rather they were sold to a company that you had a stake in and that would ultimately pass the shares it owns onto you proportionally to what you pay to be a member? That way you have the chance of having a say in the club even up to board level. You have shares that are yours, within the CiC/co-op, and the club is more secure that of it was bought by Joe Bloggs using RBS's money... Quote Link to comment Share on other sites More sharing options...
ktf Posted November 30, 2011 Author Report Share Posted November 30, 2011 hey i'm not knocking it/them. Just highlighting there will be competition if this comes to pass, not the fixed odds it was before Which can only be a good thing, right? Quote Link to comment Share on other sites More sharing options...
buddiecat Posted November 30, 2011 Report Share Posted November 30, 2011 SOMNER9 Do us all a favour and change ur name yeah who are you anyway somner9, i quite like his name actually, i think it is actually doug somner Quote Link to comment Share on other sites More sharing options...
ktf Posted November 30, 2011 Author Report Share Posted November 30, 2011 yeah who are you anyway somner9, i quite like his name actually, i think it is actually doug somner Cos it's his picture as avatar too, I imagine that also. Quote Link to comment Share on other sites More sharing options...
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