bazil85
-
Posts
10,468 -
Joined
-
Last visited
-
Days Won
15
Content Type
Profiles
Forums
Events
Store
Posts posted by bazil85
-
-
5 teams have now confirmed they will vote no to a Newco coming into the SPL which means the motion can't be passed. Voting yes would now be suicide for a club like St Mirren, it won't get Rangers in and will be hugely negative for us the fans. Issue over, vote no, done and dusted, bish bash bosh!
-
Its perfectly clear that the vast majority of St Mirren (and indeed all other Scottish football fansm bar old Rangers) do not want a newco in the SPL under any circumstances, surely this should be case closed St Mirren voted NO
-
I'm pretty happy with these questions if I'm honest. My response to the first three would simply be no they shouldn't be aloud in under any circumstance (Believing it would never come to administration for St Mirren) and to the last I would say I believe my £15 a month I'm set to contribute + what I already give through watching them, merchandise, etc is enough.
-
The money the support have shown as being willing to put in should be a big hitter in any takeover deal. The current BoD staying on for myself would be best case scenario but should the right buyer come in with their own money to invest also I would be willing to keep doing my monthly contribution.
-
A lot of knickerwtting going on in this thread now. Surely well worth a bit of idle debate. I happen to know that certain members of the consortium do not want to be frozen out of SMFC. Not all of them want to take ALL of the money and run. Say REA mans up and uses his own cash to get into the club - he buys Purves shares for example. Chris Stewart who is waltzing into the club - has he got any of his own cash he could invest in shares. I actually like the sound of a Board comprising SG, McAusland, GLS, REA, Chris Stewart.....for the fans investment we get the bold Tony F on board plus some SRTBs....and SMiSA gets to weigh in with their £50K and a place on the Board to boot - if they even want it. Surely worthy of a discussion - imagine if all the parties all got together in a room with fans to discuss the possibilities....once all the vested interests are out of the way of course.
Ye its just a bit of chat right now, if the 10000 hours goes through then it'll be a non issue if not, well all the other options need to be considered I guess. I really don't want owners that we no nothing about.
-
I think the OMOV system could still be applied (after all for £10 a month I think its something we would deserve) However i admit would be a lot of shades of grey about what decisions we would be voting on and thats not something i could supply an answer on. Right now just an idea to, if you like merge what the CIC want to do with the current BoD if that makes more sense? haha
-
Cheers Sid.
-
Although completely out of the question, I thought the first post was a cute idea. However this last post has completely got me baffled!!! Please, explain what it is that you want... The old BoD to stay on getting paid with the DD contributions to do nothing cos the fans will run the club?
What will the old BoD do if the fans run the club? What say will the fans have if the old BoD run the club? How can the old BoD get paid from the membership fees AND have the same fees use to boost the player budget?
As you can see, I'm struggling to come to grips with this - help!
i think we're possibly reading to much into this idea that will never come to anymore than a simple idea. The current board in charge of our club I am very happy with I don't imagine as it stands they're making no money at all out of St Mirren. My idea which I thought was a relatively simple one would be to keep the board as it stands (not needing to buy their shares or pay the 1.5 million to them) see if they would be willing to use all the money that we would be raising to buy the club instead to invest and move St Mirren forward.... The benefit to the board would be increased revenew to build the team and make it as profitable as possible going forward. the 1 D/D 1 vote could be something still introduced.
-
You wouldn't expect them to bow out and take nothing, but you expect them to pass up the opportunity of £1.5m to stay on and run the club indefinitely for nothing - spending all those £10.00s on Danny Lennons playing budget.
Shy of putting stockings over their head these five are dipping your pockets at gunpoint and you are still posting love notes to them. You've got to admire that kind of bare face cheek.
I don't know where this nothing is coming from? I'm not asking them to stay on for nothing? A lot can be done with an extra 10k income plus individuals and companys willing to put forward 3k and 25k for different levels of benefits. I'm still all for the fan voting and sharing the power but behind a vehicle that I trust.... The current board.
-
If they were being as philanthropic as you seem to think they are then why not give the shares away for nothing and let 10000hours use the £10 per month subs to increase the playing budget?
The fact is they want their cash out of the club and they are trying to rush this through because by August their shares will be utterly worthless and it's highly unlikely they'll ever find a buyer.
I've got nothing against them making money of the club it is a business afterall, this post was simply an idea I wanted to put forward to the St Mirren fans to see the thoughts on it. I don't think anyone would expect them to bow out for nothing or else I would bid for the club myself.
-
Bazil - if they were taking an income from the club, or there was a good dividend payment I'd understand your point. But all the board positions at St Mirren are unpaid and voluntary, and the club hasn't turned any significant profit in 13 years, never mind considered paying dividends.
Gilmour and co have an opportunity to grab some cash before the uncertain future begins in an SPL without Rangers.
Everyone knows I've got no respect for Gilmour, McAusland and co, but I have to admit to some grudging admiration for the way they've been able to hold a gun to St Mirren supporters heads, demanding £1.5m or else, and threatening to sell the club to some shady Johnny Foreigner over the summer just to get the shares off their hands and still have fans like you posting about their undying love for them.
I do feel we could do a lot worse than the current board at the club. I also have confidence they would lead St Mirren forward and the money people are pledging for a loan or whatever we want to call it i feel our current board could put it to better use and inturn increase their own personal income.
-
It might be a good idea had the 5 of them had 6 figure sums to just throw away and not want anything back...I'm not sure about all of them, but by all accounts Ms Purves wasn't happy about her husband putting money in anyway, George Campbell has already had a heart attack and the others will no doubt have impacted upon their homes, personal savings and businesses in order to keep Saint Mirren afloat and progressing past Love Street and in to the new ground. Maybe they've already seen some of it back, who knows, but I'm pretty sure the price isn't too bad considering what the CIC (us all included remember) gets to utilise and build on.
Who knows its a good point but if all options the CIC have in place still stood and the existing board kept them all in place to generate income instead of selling the club to someone else, would they not still be getting the 1.5 million invested into the club? they are all good business people I know its something i would consider and i know the majority of St Mirren fans would be willing to follow through on their pledges for this board that have done a lot for St Mirren.
-
Aw i was hopeful i might get at least one other person thinking it was a good idea, I'm pretty happy with a die hard St Mirren board and would be delighted if they stayed and very very happy to keep my £10 D/D set up... O well away back to my corner.
-
You use the word invest.
When folk normally invest they look for a return.
When you buy a small amount of St. Mirren shares or put £10 a month into your football team then the return you are looking for is the betterment of your football team.
If you invested tens of thousands of pounds and a big part of your life you may be looking for a monetary return.
As the current deal stands all our money would be going towards loan repayments, I would consider it a return in my investment if my £10 a month went towards bettering St Mirren football club. I like all others willing to pay the direct debit wouldn't be expecting a financial return. I feel if it went through this way the return would be in football terms and would stay away from being plunged back into debt. Do you not think?
-
There are 1½ million reasons why not.................
Hmm if I had a business with a client base that were willing to give me an extra £10500 a month to invest would i walk away for 1 and a half mil..... Probably not.
-
A thought has been going round in my mind for sometime about the worry of putting the club back into debt with the takeover bid. So just looking for some comments on it, it may be a non issue if the current board can't be persuaded to stay under any circumstances. Why wouldn't Gilmour and Co want to stay on and keep the £10 a month pledge, 87 club and non exec deals available? All proceeds could then be invested directly back into our debt free club for continual growth and increased revenue? Fans have already commited to support with these funds so would mean :- Greater income for the current board, greater funds for the commercial side of the club and more money for Danny Lennon to spend. Just a thought....
-
Brilliant news! No canceling now, thats an amazing amount of extra income to be coming in every month against a target of £7500. How's the 87 club and the 25k thing done though?
-
Signed up and in, do we know where we're standing currently? the info on the website isn't all that clear?
-
If you wanted to mould minds and win hearts the above looks sad. ask Sid for a few tips
Haha I don't think I'll be able to influence anyone, my humble opinion to move the football club I love forward.
-
In Tony Fitzy we trust
-
A lot of good points and good discussions going on....
Ideal situation for me would be, the current board take St Mirren off the market we remain debt free and still persue the money making ideas of offering St Mirren fans shares in the club through the 10 quid a month and 1877 club deals. All profits could go directly to the club (instead of a debt) because we are still functioning as a profitable business without it, we could continue to grow as a business and a football club. Sounds like an great business plan Mr Gilmour if you change your mind about selling ;)
-
All I would say is this option for St mirren football club is the best I think is available. I would rather pay my £10 a month and no the club is asset protected and in the hands of fans than it go down the same path as say Livingstone. A lot of resistance from fans which I appreciate but what I would rather see from these fans is other options. the current board want out so if this isn't the way forward what is?
-
St Mirren still have an income outside of fans £10 a month and all the rest. Or are people forgetting about ticket sales, merchandise, sponsorship.... Sorry I just don't see why this fan buy out is such a bad idea?
-
There is only one bid on the table that delivers fan ownership and asset locks the clubs crown jewels.
I'd trust SG and co to sell to a private bidder too but at the end of the day once the shares are sold and the deal is done there will be nothing they or we can do if a new owner starts to take their investment back out of the club through whatever means they see fit.
No private bidder will buy St.Mirren because they love the club, otherwise they would have done it by now.
10000Hours represents, in my opinion, the best route forward, but if another fans group came forward with a bid I'd be up for giving it consideration and doing what I could to help as well.
100% right if some St Mirren fan is out there with mega bucks to buy us and make us into a powerhouse they'd have done it already. this is our safest option going forward. It might not be ideal but if you can't trust your fellow fans in regards to a football club how can you trust a seperated consortium or individual?
I think all St Mirren fans should get right behind this invest as much or as little as you feel comfortable with, whether it be £10 a month. £3000 or £25000 lets safeguard and move St Mirren football club forward!
5 Confirmed No Votes!
in 10000Hours Archive
Posted
Aberdeen have just came out and said no as well, so they've beat us but hopefully we'll be next.