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slapsalmon

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Posts posted by slapsalmon

  1. Half a story there too.....RA finished that dialogue with "you can find out next week" or something like that as SG will be there as the question was really one for the consortium and not him.

    Its not half a story at all. Wether SG will be there next week or not, I didn't think he should have said it.

    It wasn't a question he was answering either, it was during his explanation of how he got involved which came after a show of hands when he asked if people wanted to know.

    It may have been an honest statement, but he was trying to convince us that it was the way to go and that made it sound to me like he didn't know if the consortium bought it.

  2. Another things thats been nagging at me a bit from last night is this, RA said he wanted to do the cic thing while he was still active and could see the results rather than leaving a trust when he was 60 to do something philanthropic. He then said that after St Mirren had settled down and he had done his part, that 10000hours would do similar things with other groups.

    From where im looking at it, this then means that 10000hours would have members in it from further afield than just St Mirren. Not a problem in itself, but is there not then a possibility that for talking sake if St Mirren have 300 members and some other group has double that the other group could then use voting power within 10000hours to gain control of the board of the football club?

    Is 10000hours purely for the purpose of the aquisition of St Mirren or will it help other groups potentially creating the scenario above?

    Also, I wasn't impressed with RA saying he didnt know if the outgoing board listened to him because they believed it or because he "was the only show in town"

  3. 7) What happens if we start paying off the £2m and then half way through the process the CIC collapses for some reason ?

    Not going to try and kid anyone, if it collapses we of course have a problem. We would suggest that firstly the funders view this as unlikely in their experienece of funding similar membership based organisations and that secondly we think it is far less likely that out of the St Mirren fan base everyone suddenly walks away (eg the owners as that is what the members will effectivly be) than an individual owning the club majority either losses interest or runs out of money etc.

    So it is really a question of risk. Do people prefer the risk of getting involved themsleves and the future of the club being in their hands or the risk of sitting back and letting the takover happen in some other way and then just being a passenger in whatever direction the new owner wishes to take

    Without wanting to sound negative, I dont think that answers the question at all. I for one would like to know what happens if the CIC does go down the swanny and not why you think it won't. What would the implications be to St Mirren Football Club if the CIC collapsed?

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