reborn saint
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Posts posted by reborn saint
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Well that's it guys.....The deal is done. In Scottish law a nudge is as good as a wink and we move on to our future under a majority shareholding of our community interest company , 10000hrs. I have read all the posts on here which have been mainly positive and the negative, apart from a few that have been looking for more detail in the takeover. The hidden agendas and the dark places some people wish to place themselves have made up the few. As it has taken a while to acheive this and our thoughts have mainly been on "will it happen?"it is time to move on and see what we as St Mirren and Paisley can acheive. We are a true enigma of a club. Not long ago the biggest town in the UK,( population 190,000) we have suffered not only by having a majority old firm support in the town but a decline in the standard of football which has seen attendances drop off to fake saint levels. They have 23% of our population and have just as many old firm fans in ratio (and remember 70% of them don't attend any games). Our target must be to get the people in the town who either favour St Mirren but don't go to games or the ones who currently have not been interested in football, to come along and attend games. "One Town One Team" is an exellent logo which the cic can adopt to take us forward. The "tut tut" brigade formed by the people who object to "Tax payers money being used to buy a club" have no idea what this is about and should take up REA's offer to meet or shut up. The community aspect of this deal will not just deliver the minimum requirement of the funding bodies but will now far excede it. The result will be a reduction of the loan aspect of the £2m (£800,000 grant ..£1.2M loan) converting the loan part to a smaller figure. Once the company is launched there should be more target funding which has already been suggested on another thread. The worst case senario has already been explained, the best? debts paid of in 6 months...budget next season up from 1.3m to 2.2m (if we stay up} and a community that has use of the best facility ever offered at a knocked down price of between £800,000 and £1.5m depending on Grant/Loan ratio to ANY cic.
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Why would you direct that question at 10000hrs?
10000hrs currently have NO input in the current playing budget.
Well... good point (and i need to sober up !) but do you think we can survive next season without a fall guy? like Hamilton.
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Can you confirm that St Mirren has the lowest SPL player budget for next season?.
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....I know where to get you?
Posting this on here away from the qa thread in reply to your answer regarding the negativity regarding the cic. Thanks for the response and looking at it the reasons are only a condition of the complexities of trying to do something which has never been done before. Whatever you do in your spare time to make you anything less than reputable has no bearing on here as i have found your posts both truthful and informative. You are prepared to back the cic but will also raise any issues you think are important. I am on here mainly to find out things about the cic that i don't already know and as a consequence looking for any hidden negatives (which i can't find). I am resting easy again after reading your explanation so it's all steam ahead for me and i can't wait till it happens!
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Your questions are still more than welcome.
Do you know why some football delegates will have spoken in a negative way about the cic as a post on another thread here by a reputable member has suggested they have.
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You must be confusing me with someone else big guy !This. I am happy to play my part in the CIC as an individual and do what I can to help the club and the CIC where I can but I have two young businesses that I am trying to grow and two young kids, I don't have time for anything else.
Well Div the answer is simple. As you are growing 2 businesses and have 2 young kids here's what you do. Don't mess about with a paltry £120 per annum individual membership but sign up to the corporate scheme. As we have 2 current vacancies you can complete the set! it will only cost you 20 grand per annum and you can use this influence to campaign for a cresh for the little ones while obtaining a bespoke memorandum. You will have 2 votes instead of 1 and can decide to vote/ oppose yourself... or both. This will elevate you to a duality status only ever achieved once on here by Yule and Animal.
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Don't know if it is safe to post anything on here as the 25th May seems a long time ago for this thread. I see questions for the cic on other threads. Is everyone ok who has posted here or are there any missing persons with a history of trying to post after 25th May? "Is it safe?"... "Is it safe?"....Just don't want my teeth pulled out
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We have generally kept away from the answering questions put on the discussion threads and tried our best to answer the questions specifically asked in the Q & A thread.
However folk seem to be posting more and more questions in the discussion thread, we thought we would answer this particular one first.
"is this scheme all that it appears ?"
We believe that having had 6 months + worth of meetings and (if memory serves) 4 presentataions with SMiSA, 2 public presentations, 1 presentation to the club AGM, 1 presentation to the a shareholders meeting and a presentation to an invited meeting of the travel club plus a general open door policy on anyone who wants to have a one to one meeting, that this scheme is what it appears to be to the 700+ people who have thus far pledged and who are now sending in their Direct Debit mandates.
We accept that you believe it is not what it appears to be..............assuming that by wording your statement that way that you are assuming a hidden negative. e.g "the scheme appears to be good, but that is not what it really is"?
So we will make the offer we have made elsewhere and several times , but very specifically to yourself and any others how still don't believe the motives are good and our plan sound..........e-mail us at [email protected] and set up a meeting at which we can show you the paperwork, all the business plans in as much detail as you want and ask us all the questions you can and if you are not happy with the answers then from a postion of knowing all the info then feel free to disagree with the plan.
So it is upto you, do you want to sit down with the info, study the detail and come to your own conclusion about the 10000hours team and the proposal based on as much information as possible?
We hope you do and hope to hear from you and of course anyone else whenever you are ready.
10000hours CIC
How cooool is that!
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I see.... I thought you were a source that I would need to meet, as I have been trying to source funding to fight obesity for a couple of years now!And it ain't as easy as your making out Fact !
Wow....apoligies to you my friend. I thought you were just someone on here picking holes in what the cic can be. If you are already involved in what is a major cause for concern then i'm 100% convinced that this cic will be an avenue for you to achieve what you are obviously struggling with just now.
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BBC news radio and sometimes TV if you are refering to the problems that are being discussed about obesity. if you are refering to any grant the cic will obtain with regards this problem I was only using it as an example of the many social and health funds which are available to groups which can offer help.
Oh and do you watch news programes...It was on this morning after Andrew Marr
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You get your information on this subject from where ?
BBC news radio and sometimes TV if you are refering to the problems that are being discussed about obesity. if you are refering to any grant the cic will obtain with regards this problem I was only using it as an example of the many social and health funds which are available to groups which can offer help.
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I am pretty sure Mr. Atkinson's dad is the real Mr. Maxi.
I am sure Mr. A will be very happy when gets control of a Premier League football club, an asset worth (it seems) over £4,000,000, for virtually nothing.
Wouldn't you ?
It seems to be well worth the risk to him.
Well you have got the first point right as it was REA's dad who founded the company. Now let me tell you a story. Richards dad had a dream of one day being able to
have a successful company that once built up he would no longer be needed to oversee the operation on a day to day basis. This would allow him the time to do the
things that really interested him without the pressures that come with running a company such as Maxi. He acheived his goal with his son taking over and the success
story continuing with a now £35M turnover company with no bank debt. Richard now wants to follow in his fathers dream and due to the high tech nature of Maxi can
acheive this at a much younger age (40 years old). His interest in St Mirren has come about in a truely unusual way as you would have heard (if you attended any
meetings). You seem to think that St Mirren are a big cheese and can be used to make money. This is quite frankly bollocks. the only intention of REA is to cerate a
community again in Paisley which when it happens will you come on here and admit you were wrong?
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Maybe not well known facts
1 Although we will secure £800,000 of grants and £1.2M of loans some of the loan amount can be converted to grant if the interst in the venture exceeds the numbers set out. The community interest is key here with each group maybe 100 strong.
2 The tax payers allience/ daily express etc are barking down the wrong tree if they think the money is for the purchace of a football club. Funding bodies do contain tax payers money, but not all of them. The ones that do have a specific purpose which has to deliver results. An example would be child obesity. If the government do nothing to solve this particular problem then the NHS will be unable to meet the demands of healthcare in 2040. If they set aside funding(tax payers money) to tackle the problem now they can reduce the burden. A football club like St Mirren is an obvious choice to give funding to as a cic.
3 REA made some startling statements at the 2nd meeting, if you were there do you remember or do you want me to tell you?
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I have a terrible picture in my mind that I am desperately trying to get rid of. Thanks for that post mate.
Yea I think i should refrain from visiting certain sites while i'm on here. The spelling should be (come)....(thank f**k the spelling police didn't get me)
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Some better posts there of the genuinely concerned supporters rather than the kill the CIC at all costs.
I recognise the concern; however I don't share it. For me the CIC actually helps soften the impact of relegation if it were to happen. That is one of the positives the CIC delivers.
There does seem to be a rather odd view that the club will somehow be under pressure from the banks should one of the soft loans be defaulted on. That is clearly not the case. So the idea that the club will be sold off to the highest bidder seems a long way off of reality even in a worse case scenario where the membership number dropped to 50% of that required.
The idea that members dropping out when the next step in the process would be the club being sold off to the highest faceless bidder is a very silly one IMHumbleO.
Cum on Sid i'm just trying to get him to give us a slice of his massive bank account up front(we'll pay him back later)
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A genuine and heart felt concern that this scheme will end in financial disaster and / or will allow Mr. Atkinson to gain control of the Club with out spending much of his own money.
I know you have only very recently joined the forum - but try asking yourself - is this scheme all that it appears ?
Well i only sjgned up to discuss the cic and yea it is. Theres one question i would like you 2 to answer. Why would a successful buisness man with a company 10 times the size of St Mirren risk damaging his reputation by pretending to offer something which then turns out to be a con and sees him sieze the club at the expense of the fans?
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My concern from day 1 has been what happens if it fails?
So far every one has been saying just give it a go, if it fails the shares go back up for sale, no harm done, the club is safe.......
My concern is if it goes wrong the shares are up for sale by someone who doesn't give a toss about St Mirren FC, they will go to the highest bidder who may be borrowing from a bank to fund the purchase.
Asked this question on the OS
Answer from 10000hours
If fans lose interest and it fails after a couple of years then there could be problems?
If we were to get relegated next season, do you think we would hit the required level of subscribers? I genuinely doubt it.
I'm still haven't made my mind up, I want it to work but deep down I am concerened.
Good to see you got a reply on here as the q&a seems to be dead now. You make realy valid points concerning the cic ( which is why 10000hrs have responded). When Richard says "If we get relegated the club will suffer but the community dosn't go away" this seems to sugest there will be no downturn in support for the cic which is quite obviously wrong. It is VITALY important to this venture that this does NOT happen and the only way to achieve it is a bigger budjet for next season as we don't have any whipping boys in the league next season(Dunfermline announce their turnover will be £5M while ours is currently 3.4M). As we have no current investment in the team (which the cic will deliver from next season) how do we stay up Richard?
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...dunno, but he was ginger and said he was only doing it to pay for his college course on graphic design...bit too chubby for my liking.
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Good, I won't have to read it...could you take that c*ck Yul with you.
Yea sure uhhu.... Richard has not destroyed the argument. He has shown commitment by allowing his company to short term loan a much smaller buisness as is St Mirren and use his much more vast financial wealth to help the club. There is something more profound here. I think most of the anti cic don't realise that St Mirren as a company is realy very small. It has a turnover of £3.4M and generates 0 profit. Maxi Group have a £35M turnover and generate £5M profit per annum.
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Was this "six figure sum" the loan we have all just found out about in the last few day by someone searching company records ?
Did you know it was a loan ? If so did you just forget to mention the fact ?
For the sanity of us all .....go away.. It's all been answered!
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Animal/Yule
What makes you turn into paranoid disbelievers of a venture wich can only bring good to our club?
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As an add on.. Kilmarnock are goosed, Aberdeen ...well gubbed. Hearts are ok with mad vlad but what if he walks away?.... Hibs should be ok. The rest seem ok .... The pretend saints etc. But we can use this opportunity to make a real impact in the spl from a position of strength if we all pull together.
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Shush.... don't mention any of the following to our resident Mothrwell supporter. SG "Motherwell and Dundee Utd now don't have any sugar daddies". The result will be they have to work in the real world of Scottish football budgets. Both clubs are currently operating with far higher wages than is sustainable. Reality calls and we will see a new order in club sustainability which our cic will take us to a position of strength.
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Guess what Kombi Buddie......if you support the CIC you will be supporting transparency at the club were members you vote onto the BoD will have a full insight into the workings of the club. You would also have a say in what happens in such matters. Under the current ownership model the current BoD can pretty much do what they want, sell the club to whoever they want, overspend as much as they like and run up massive debts if they fancy it. The rocks you are throwing actually make a very good case for supporting the CIC ownership model.
No idea why this is on here but I welcome comments from people who support the cic but will not be taking part for fianancial reasons. They can come on board at a future time if i understand the workings of the cic under REA's leadership. Transparency IS what i require from this venture and i am convinced i will recieve it. I have supported St Mirren in some events like "Leaving love st afair" at the Normandy and booking a few corporate seats for games. I have no idea how this money was spent(to be fair not a lot) but i am convinced in future i will be able to see clearly where every penny goes. And as a Paisley buddie you know how we like to watch the pennies.
What would you do?
in 10000Hours Archive
Posted
Thanks for correcting my post and as my numbers were so emphatically wrong i will not protest if the cic decide to extract 19 quid from my account instead of ten
each month. I would be to affraid they used my post as evidence of how i calculate figures. So wire in Richard.