rea

I spoke to a sensible fellow fan yesterday, whose opinions on business I massively respect.
He said in his experience Joint Ventures never, ever work because the interests of the two parties are never 100% fully aligned.
It's an interesting perspective as the power of veto pretty that both sides retain has pretty made the Kibble/SMiSA partnership a joint venture in all but name.
As I think I've said before I do not for one second believe Kibble to be a bad thing for the club, or a bad organisation.
Some of the people and practices they have brought into the club have made a very positive impact behind the scenes.
For me however the jury is very much out on the individuals they have in the boardroom though.
And to balance that out, I think the jury must also be out on the individuals SMiSA currently have in the boardroom too.
This has been a shit week in every possible way but the saddest and most alarming moment in all of it was the manager sitting there in his press conference two days before such a big game lamenting the negativity that the club has had to endure these last few days.
 

The way the game finished yesterday neatly summed up the entire week.
Someone needs to get control over this nonsense, get folk round a table and bang some fucking heads together.
This is a fan owned club and I can tell all those involved, on BOTH sides, that the whole episode is EMBARRASSING those fans.
To have the manger even have to speak out about it in his presser two days before a massive game was also EMBARRASSING.

 

"Wild claims"?
 
You know this how? Proof since you are happy to accuse in public? 

I can't think of anything worse to be perfectly honest.

Any football club, be it fan owned or privately owned, needs to be led by good, competent, trustworthy and capable people at the top.
I'm not massively convinced we have that right now.
 

I wrote a wee piece on the events of the last 10 days if anyone is interested.
https://www.blackandwhitearmy.com/opinions/2279-kibble-0-wardrop-0

At last... Admission that we are not fan owned. Thank you. 

Thanks Mr Gilmour. 🙄

Never a dull day supporting the saints 😂

and i am postulating that such a clause does not exist

perhaps it would be better had i said that Cash Flow is king as opposed to P and L.
I hope it will be only 2 to 3 weeks...but i suspect more like 2 to 3 months
 

and i am postulating that such a clause does not exist

nope, if businesses cannot play their bills they go bust, or shareholders inject working capital; etc etc.

They might have now, but i dont recall buying it when I was doing it previously and i dont think BI cover would cover for this sort of interuption

you would still get paid if your work stopped selling its "product" the players will also. One issue would be if they extend the season, players will be out of contract, so not only will Club face the losses from the shutdown but it will cost them more to put the squads back on the pitch after the point in the season when they would assume less waged as less players on the books

Not in my time, and even if it did i dont think it would pay out in this circumstance

a snippet of the announcement

Cash will be king if the league is suspended.
Banks wont lend to the majority of clubs and most of the clubs costs will continue while the revenue takes a nose dive.
Historically Board members of the Club would contribute 6 figure sum to tide over the club when cash was tight.
So if the club need cash now, then who on the board is going to sort and we now now have two Kibble members so will Kibble be contributing.
This is potentially a disaster for a vast number of Scottish Football Clubs, let alone all the other Sports and Business that live hand to mouth

you would still get paid if your work stopped selling its "product" the players will also. One issue would be if they extend the season, players will be out of contract, so not only will Club face the losses from the shutdown but it will cost them more to put the squads back on the pitch after the point in the season when they would assume less waged as less players on the books

Not in my time, and even if it did i dont think it would pay out in this circumstance

League suspension could have 'devastating impact'
BBC Radio 5 Live
Brian Caldwell, Shrewsbury Town chief executive, on the financial impact of postponements or cancellations: "We’ve got five home games left, you are probably looking at £200,000-£250,000 would be lost by not having the income from not just tickets but bars, hospitality, programming income and everything else that we at this level all rely on.
“It could have a devastating effect on some clubs potentially having that loss of income.”

I will try and put some more detailed thoughts together should anyone be interested, but please note that "normal rules" would mean that a shareholder e.g Kibble cannot be offered preferential treatment e.g discounts, from a company they own shares in without imprinting what is called "the rights of the minority" basically the rest of the shareholders. Now as in all matters it is more complicated that just the few sentences above, but I personally did spend a lot of time making sure that during 10000hours days the governance structure made sure this was not an issue....For example any preference was available to one member was available to all and no external party other than the CIC and Fans owned shares,  e.g none of the Corporate members owned shares (or indeed needed to own shares) as a result of membership. I also did present to the full board and trustees/advisors of Kibble about 30 people iirc, and took extensive questions, would be interesting to know the process of engagement this time......

.....and now I have a nice long flight to read 21 pages.....
 
......wonder how much i will recognise....
 
I admit I have had a bit of a chuckle at this...

.....and now I have a nice long flight to read 21 pages.....
 
......wonder how much i will recognise....
 
I admit I have had a bit of a chuckle at this...

.....and now I have a nice long flight to read 21 pages.....
 
......wonder how much i will recognise....
 
I admit I have had a bit of a chuckle at this...