St. Sid

Nonsense Vambo57. I can't even remember the number of original funders...mainly because we were never told who they were. We were told that one key bidder was putting in £750K that was in grant form, but that there were another 5 or 6 funders providing loans - not grants. Now it one social bank providing a £500K loan. What is made up about that Vambo57?
6 or 7 social funders is now down to a single social bank. Why are people so keen to be dismissive of basic facts. It is time to look at the detail of this and stop just repeating the spin from 10000 hrs.
6 or 7 social funders decided the CIC wouldn't work. That is the bottom line. Now with plan B, a pipeline of a significant number of corporate organisations have decided the new version of the CIC won't work. Time for a reality check on what we actually know about this bid.

Yes he will.....the interim SMFC Board will be made up of three ayrshire jokers + GLS & Tony F. He will effectively have majority control of the club. The supporters will have zero influence whatsoever. REA will be in complete control of everything at the club.

Lies, greed and misery.

Pretty much were most people are now I think. There is no longer any trust in 10000 hrs leadership or the selling consortium. Any notion of selling the club to someone with the clubs best interests at heart has long faded, as has the idea that fans are actually going to have any influence on the club. We are now looking at three options:
- Continuing to be run by a selling consortium that has zero respect for its support.
- Be taken over by some jokers from Ayrshire who also have zero respect for the support and see the as a gullible source of funding.
- Takeover from made up foreign bidders that fans don't believe exist.
All shit options....all we can do is support the team and enjoy our football.

Gerard & Rod....was Paolo and that Dr Who bawbag no with them.

Yet another foreign bidder.

So they failed in their cunning plan to save scumgers.....so its on with plan B, which was the threat to destroy any club that didn't back them.

I don't think George is into upturned barstools - however might be worth asking if he appears in the Tile.

Yes.....4pm, shortly after the SPL meeting.

Or you could try and convince us that our concerns are wrong. It's been some months since we've seen any poster...fishal 10000 hrs online marketing team or not actually present any positives in relation to the CIC. The one single positive was the response of the fans to the scaremongering.....problem is the scaremongering has turned out to be just that...scaremongering.
The entire pitch of this bollox was supposed to be taking the club forward....the selling consortium had run out of ideas.......we now have an underfunded scheme that by its own admission cannot take the club forward for around 10 years - that was before the commercial / corporate plans fell on their arse. The new blood to take the club forward are already on the SMFC Board or have been in the past. The transaction itself is about a pay off for the selling consortium and a group from Ayrshire plus a couple of token Buds taking control of the club. All the people concerned are already at the club. All the fans that have offered assistance to the club have offered assistance to the club in the past. Fans are being asked to pay off £1.5Million + worth of debt...spending that would probably have gone directly to the club. There is no pay-off for fans here. What does concern is going to be the ability of the Ayrshire Group and its allies to maintain SMFC.....their record to date has not been inspiring.
If I put a car in the garage three times and it didn't get fixed...I'd be binning the garage. If I had a plumber round to sort my central heating and it was still broke the plumber would be dumped. If I invested cash with a financial advisor and lost money three times I'd smash his f'k'n windaes. At what point is someone going to question the Ayrshire Groups credentials after three failed attempts to raise funding for this scheme. There is no foul if they fail to close the deal with SMFC; however if they fail with their business plan once they take control of the club SMFC does not get another three goes to get it right.

Much to the distress of your horse.

Must be a lot of right good drugs in that black case.....he holds onto it like there's a billion pounds in cash in it.

He's always been a member.

What a pile of pish this has all become.They can do whatever they want with my money as long as its beneficial to St Mirren football club.I just want them to take the money,build a fund and if it fails transfer it to SMISA,youth developement,music club,street football.There is no doubt that there are issues over the bid and the uncertainty will continue for a while yet.In the meantime the season has started and the kids coming through are being blooded in the first team.This augurs well for the future as we cannot budget for tv money alone.Whatever way it pans out whether 10000 hours ,American bid or the status quo my family will continue to support the greatest team in the world.Can we just do it together as some of the shite from both sides on this forum have become tedious to say the least.

I'm feeling a bit left out of things. I'm starting to wish I had signed up for all this cic excrement excitement. It's not boring at all. No really it's not.

Buy an adult size,pass it on to my wife to wash and......job done.

No communication full stop. The only contract between fans and 10000 hrs is for them to take money out of the account. There has been no effort made to change that. I've seen pyramid schemes that offer more information. In fact some dafty from London was on the phone to me earlier trying to sell me fine wine as a commmodity investment....even he was prepared to send me information. Even double glazing salesmen produce a contract of sorts with a cooling off period. St Mirren fans have been given nothing but marketing documents, blah-blah and scaremongering.
This all has the feel of Murray using the latest finance fad of ramping up debt as a gamble to success and pitching it to Ayr United who told him to get ti f"k. Now we have another financial wizzkid putting forward failed version number three of how a CIC can be financed to take over a club. It's a gamble and he doesn't even know if it will work. It's a gamble that will have very little impact if any on REA & Co if it fails. All the risk sits with SMFC and its future generations of supporters.
Advice was given in our own club programme that fans should seek all the information they can and be absolutely certain of the gamble they are taking on behalf of SMFC and their fellow fans. Based on the information that is currently available there is no way we should be gambling the future of our club.

Its a burst baw.....SG is only keeping REA around to keep the selling price up for serious bidders who don't actually exist.
Anyone that has a dd mandate in should be telling 10000 hrs to put it on hold until we actually get details of the funding available. The danger is that the selling consortium grab what they can from 10000 hrs and leave the club in the shitter.

kunta kinte must be worth 50p each way.

Will Ferrell & Woody Harrelsson like their fitba.

The CIC is already underfunded with huge dependencies on "CIC initiatives". Fans monthly investments are already being robbed to make up for the failure to attract capital investment from the commercial / corporate sectors. 10000 hrs and their financers Bii already put the deal on hold because of concerns they have about not being able to manage cashflow issues. It will be too late to cancel direct debits - doing that will have an impact on the club as well as the CIC although we've all heard the throwaway marketing blah-blah response to that concern.
I suspect you already know what will happen when the finances don't add up. Bii conditions on SMFC as well as GLS conditions on SMFC for his "donation" are a pretty big hint. Cancelling direct debits could be viewed as a win-win for 10000 hrs.

Mibbae this is what they're on about with the 10000 hrs thing.....that's how close they will actually get to meeting a deadline.

Who is the asian chap that was wearing a suit and running about with a big black case.....looked like a bookie.