ktf

Perhaps not, but what would probably need to happen then is the buyers would have a degree of debt, to wherever, that woul need to be paid back... How would they do that? My bet is that they'd sell a shitload of the young players that we have and hope He*rts go out of business or the D*ng keep playing as bad. Guaranteed, however else it is done, it will have debt attached and effectively have a negative impact on the playing side.

Is someone spent £2M of thier own money from their bank account, or even pooled money from various bank accounts, to buy St Mirren they they'd be completely mad and should be nowhere near our club. £2M borrowed is £2M, £2M of someone's own cash would quickly become £4M or £5M with tax and various fee's on top. You show a distinct lack of business understanding (had been doing well up until now) if you don't take this into consideration. The only sensible option would be for someone to borrow and pay back. It'd cost them less in the long run.

Hmm...

Sometime it's utter pish and other times it's on the money... I'll leave it to the other posters' imaginations as to what this post is FWIW, GD to you buddie.

GD for you mate, all good points and the least that can be expected. I do still wonder what people want to hear from 10khrs... If it is, as I suspect, at a sensitive point and and news might jeopardise the deal then it's understandable that they can't say. However, I feel that even being told that from official channels would suffice for most.

Ooh! Ya kinky bugger! Disny dae it fir me, but I can see that it wid fir some

Out of all of the coalition politicians, Theresa May is the one I cany stand the most Zero redeeming features...

Polishing the Bishop...

Top quality stuff Buddie!

Brilliant!

A good point well made.

Sweet!

Perhaps you're imagining things, but it reminds me of neither. A zero zero chance, more like!

Not really... Who's it supposed to remind us of? The selling consortium who put in the own money, risked their businesses, affected their health and broke up their marriages a lot of which was for the love of the club? Or is it supposed to remind us of REA who will stand to gain nothing financially from the success of the CiC? But, the town, the fans and the club will ultimately thrive? Who is it supposed to remind us of?

I have an idea for a new summer festival... It will rival TITP and Glasto! Yawnfest - headlining act: Yul I read paragraph 1, saw that it was the same old boring shit. Realised there were another 10 paragraphs of shit and do stopped. Come back with news you are willing to share. Boring of the highest order.

Bud77 certainly is a welcome addition to the CiC pages of the forums!!! I think the point about it becoming a vanity project is fair enough Scott, however that is much less likely with the CiC model... Ownership, leadership, decision making etc will all be done on a communal basis and those in boards can be voted out if they end up acting like fandans! However, in the single-person or private finance funded model, there is much more scope for a vanity project as one person is at the top and because he found/stumped-up the cash, he can call all the shots. This is much more worrying! And on SO77's point on the KMcG "bid" being an eventual community hand-over, firstly do you honestly think someone would spend £2m of their own money and then give it away? If so he must be mad and I don't want him near the 52%! Do you think private investors would pay into something that gets given away to a bunch of football fans for free a couple of years later?! Not a chance. And besides, as Bud77 said there has been no 'bid', just a notice of interest and someone on one of the forums heard that it might be from KMcG... Hardly worth building our future on!

One of the most sensible posts in a while! The CiC has its flaws an the folks piloting it have made mistakes, of this there is no doubt. However, the business model remains the most secure and transparent and robust. It'd be a shame to see our club, the first to try it, be ultimately left behind because of some technicalities whilst others, who jumped on the bandwagon late, charge ahead and secure the funding, support, publicity needed to be a success. That would be sad.

I'm not arguing that this is the correct position. I said I agreed with all the previous poster had said... And I agree with most of what you're saying. Are you able to grasp that...? However, what is it you want them to keep you informed about? If there is nothing to say, there is nothing to say. If, in case of repercussions, they can't say anything, then they can't say anything. So, what is it that you want them to say...?

I totally hear what you're saying and have to agree on all of it... However, what use is a statement that says: "there is nothing we can say at present, we can't disclose what the hold up is as it might jeopardise our chances of ever getting the go ahead." I reckon, without factual basis, as some others have said, it is because one of the funders won't agree for one reason or another, perhaps because of the asking price, perhaps because of another reason or two. If this is the case then there may well be negotiations that are ongoing. To disclose this might put the whole process on on the rocks. GIven the effort that REA and others have put into this, I don't believe they have just forgotten to put the word out or that they don't want to... It must be more complicated than that.

Another thread ruined by petty bickering akin to what would be heard in a primary school playground... So sad, just like what is happening at ipox...

Honestly, the most constructive (in my view) post that you have made re the CIC. I think you're dead on, we need to wait and see if what has been spoken of, written about and promised comes to fruition. I, for one, believe it will!

Haha!!! Sadly the 3 of them appeared together making them look connected. The RLH's are in Paisley, Ayrshire where REA allegedly resides and kibble where bad boys go...