rea
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Posts posted by rea
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18 hours ago, pozbaird said:
Wonder if we'll ever find out now why kits weren't on sale at the stadium... or who really shot JFK.
The Kits were sold at the Stadium....i personally had to buy the stock.
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So what all does the £100k cover? Just the kit contract or the kit, shirt sponsorship, branding etc?
I will check both the number and detail. But basically 2 contracts/section One part is for kit Supply with JD brand And the other is for shirt sponsorship by a JD company.
The not being able to sell kit at stadium is also a myth -
Can we get another kit supply deal for £100k? Almost certainly not.
Can we make £100k from all the things JD get for their money? Don't see why not.
JD don't just get the shirt supply deal for their money. They also get the shirt sponsorship, probably the main sponsorship opportunity the club has, which must be worth a fair amount. They also have a hell of a lot of branding around the stadium and the dome sponsorship (although that's probably a different deal).
You wouldn't get one company to replace the JD cash but there's no reason why the kit couldn't be supplied by one firm, the shirts sponsored by another (different ones on home and away if necessary), yet another replacing the branding in one/all stands and so on.
All major parts are priced separately, though some advertsing was original done just to lift the look of the stadium...such as big banners etc -
41 minutes ago, div said:
I believe there is a legally binding agreement in place for Gordon to sell to SMiSA at an agreed price within an agreed timetable but the guys on the SMiSA team will confirm.
What happens after 10 years if SMiSA doesn't have the money, or if SMiSA reaches it's target before 10 years, I've no idea.
I assume if an Oil Rich billionaire wanted to buy the club then the SMiSA members could vote to rip up the agreement and sell out, just as Dundee fans did. They moved from private onwership to fan ownership and then back out to private ownership.
I'd hope we never go back down that route but in these early days it's very clear to see fan ownership is going to very be tricky especially when things ain't going so well on the park.
I would be very difficult for SMISA to sell out due to the way their Asset Lock is worded, which also applies to the cash they currently raise.....
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Aye, but is the point not that we (1300 or so of us) are now SMiSA members. Whilst the main motivation for that may have been BuyTheBuds, we are fully signed up members nonetheless - ie: the 'they' is us. All of us.
Anyway, the USH heating thing is a slightly different matter. Personally, I wouldn't lose sleep over it being left as it is (buggered) unless there is potential for it to deteriorate further and cost more in the longer term. We're a diddy club, and if the cap fits.
If nothing else it seems we are gradualy weeding out the fantacists and the dreamers leaving those that are in it for the right reasons to get on with it. Always knew there were a few lurking just waiting for the opportunity to make their big stage entrance (and subsequent swift departure).
There hasn't been an AGM in over 6 months so I presume the minutes would have already been accepted and signed off.
Why the great secret though? I'm not a member as of the next payment due date, but minutes should be readily available to members who ask to see them.
The minutes of one agm get accepted at the next one normally. That is standard practise -
108.4 Get the fcuking Hall of Fame panels updated.
108.5 Get proper stripes on our 'monstrosity' of a home shirt.
108.6 Get the fcuking PA system fixed.
108.7 Get strips on sale at the stadium or get JD Sports to fcuk.
Yeah, can see why the full content isn't made public. [emoji14]
Well you might get one of them......[emoji6] -
Thanks Richard. Interesting.
Technically you are right... But I and I would imagine most subscribers do indeed see the Group as public in nature.
I would imaging that the committee themselves would wish to see total transparancy in order to retain and build our investment.
Indeed. I hope they do also -
Don't agree with that Richard.
Minutes of a public body should be transparant and available in full.
Anything sensitive should be managed by a sub group and summarised at the main meeting.
Not a Public body.
The only minutes that are in theory public are any taken on poll votes at AGMs.
Other minutes are of board meetings but are mearly for the board to read and approve at next meeting
The members can of course change the rules or the board decide to release more than is statutory in the rules
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Yeah it's SMISA minutes I was referring to. Other ISAs have the minutes of their meetings available to their members but SMISA don't unless it's hidden away, like the constitution.
Most will normally have a meeting summary posted rather than the verbatum minutes as these will/may contain info not for public distribution at the time -
Yeah it's SMISA minutes I was referring to. Other ISAs have the minutes of their meetings available to their members but SMISA don't unless it's hidden away, like the constitution.
Your a member you can propose it as something you want to happen and there agm can vote on it....i assume -
The website also makes reference to the constitution so I presume one exists. It refers to it when talking about Under 16's not being allowed to vote and also in the news section when it says that the constitution does not allow SMiSA to sell shares.
It is important to read the SMISA constitution particularly as they have now incorporated an "asset lock" into it. Which in my opinion limits the scope of what members can vote on to do with the £2 pm floating fund. In order to move asset locked cash out of an organisation you need to match one of 4 categories of reason for moving the cash. This is certainly the case with CICs and the asset lock reg used here is taken from that comp structure although possibly slighlty tweaked. Will be interesting to see what members and regulations think if a Club e.g a limited company in theory designed to make a profit and with shareholders not involved in SMISA asks for or recieves money not directly for an obvious community type project like the wheelchair platform that is currently controlled by a body with an "asset lock" rule
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You know what, you're right. Although it's anything but easy to find. Have I missed the minutes of the meetings in the same way? 108 in the constitution says minutes must be taken and kept. Surely members should be able to access them
That is minutes of SMISA meetings not Club ones. -
I'm not sure Richard. I've never seen a share document or any notification that I own a share.
The SMISA website is pretty clear though. One member one vote. Member benefits. All members have an equal say in the running of our club.
Edited to add, actually the only bit on the website that I can see that suggests anyone gets a share is in the member benefit section where if you pay more than £2500 you get 10 shares in St Mirren.
You own a Share in SMISA which owns the shares in thr Club -
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I don't own shares in SMiSA though Kenny - I am a member of a club. Club committees should keep minutes of their meetings and make them available to their membership. If they don't how the hell is the membership supposed to know which committee members to re-elect and which ones to bin when it comes tot he AGM. If you do a search around the internet for Independent Supporters Associations you will see that often the way they handle it is by publishing the minutes on a password protected part of their website which members can access. Also missing from the SMiSA website is a constitution.
You actually as a member own a single share in SMISA IIRC
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Then take a left past the Aaron Mooy bike storeroom, go down the corridor taking care not to trip over the boxes of spare USH parts lying around, exit the corridor past the Atkinson Memorial Laundry Room and in no time at all you'll pop back out onto the street through the exclusive 'get rid of the riff raff' sliding doors.
Hey it aint the "memorial" anything just yet!! -
Top of the stair turn left through the double doors first on your right
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Thinking out aloud here, there is a farmers market in Paisley every (?) weeks, it seems to me that these guys, even if they shared a facilty, if there was one at the ground, tat could be beneficial for all.
Was looked at before and was definitely a possibility. The issue was around ma5ch scheduling in that in the spl you could have a game planned for sat and so car park booked for use on sunday only to find tv does a switch with only a few weeks notice. We took on a Boat Jumble Sale twice a season which was less risky and it earned well for the Club doing nothing but sweating the asset. Tv scheduling not such an issue now !! -
I think you need to read the above posts again [emoji6]
Indeed...nothing to do with retail merch -
By whom?
The Club it is noted in the Club accounts. IIRC to be repaid in this financial year. -
Could come from a variety of sources. Perhaps the directors could club together for a loan. Is Ian Henderson on the board?
No, Ian left along with SG etc.
And is still owed £10,000 -
With complete ignorance and without prying is this something that the £2 fund could easily facilitate or are you talking about investment on another level?
I think it could make a significant contribution to the staffing set up costs but think, for what i had in mind when i did the sums, shareholders would need to invest also for some of the capital spend needed -
Thats interesting so thanks for that.
For what it is worth i think the Club should do everything possible to finance the development of a permanet trading facilty at the stadium. I think investment needs made now (even if it is at the expense of football performance...though not relegation) to build a my greater revenue for use later. -
With hospitality/ Functions / food outlets at the stadium it would be well worth the club to appoint a catering manager to take control. In house run also chasing more functions an area that is not promoted enough in my opinion there is good money to be made with the facilities at the stadium. In the Northsea most units are run by extearnal catering. The company that employes myself is in house. The company has looked into external catering companies to run our units but no external catering company can compete with our in house catering on price. Gordon Scott should have a look at fugures related to hospitality/ catering im sure he would be surprised at the figures and scope for expansion of profits.
There are some big issues with this. I looked at it in detail in my time and without the board being willing to invest in building a permanent stadium facilty i could not get the numbers to work in the short term. The question is if this board is both willing and able to stand the short term loss of the investment for the long term benefit of a full time meetings and conf facilty.
For other reasons there would also need to be quite a bit of capital spend to make the kitchens able to work for this kind of operation
Season 17/18 St Mirren Kit
in General St. Mirren Discussion
Posted
LoL. Problem is having negotiated the above deal, (your numbers are close, but i did better than that!!) i am now on the other side....and certainly would not be doing a deal at £100K+
Yes i am sure a nice bright Red MAXI would look lovely