waldorf34

Its gonna happen, it will mean less SFA finance for the St Mirren academy if we are in the second tier of academies, only 16 of the current 29 will get any finance.

SO at least 5 people get made redundant, but no talk of that from anyone, never mind we can, or someone ca,nobody is saying,find the cash to spend on a bar. Remember these guys in the Fans Council gave the Paisley golf club 2,500 quid ,not including bar profits but only handed over 1,110 quid to club ,despite estimating they could handover 1,750 quid Not the best at estimating, now they reckon they can fit out the void for 48k!!, it's in their minutes

[quote name="Stu" post="1285217" timestamp="1435307795"... The club have to come clean on where the money is coming from for the fit out.As pointed out we made staff,who had been with us for years, redundant to cut costs going into the championship, now we are building a bar , booze before people? It's been pointed out this contradicts what's on the fans council website but it hasn't been cleared up. It looks like there will be at least 300 people applying so it will be deemed a success. How will people gain access? Will there be special ID cards for them to use so everyone knows who they are?

The last price from McLaughlan and Harvey , previously BARR was over 200k to complete this area, is this John McGinn money? No timescale is mention,will it be complete this year? And is 1877 club not the legal name of SMiSA??

There are some in the consortium that no longer want to sell, they will draw a line under a dreadfully season and seek to forward for the moment ,anything else is a distraction. ie they have cash for the first time in a few years

With all this extra cash ,including compensation from John McGinnis, I predict SG will not be going anywhere soon and money will be used for exclusive club and boxes in the void. Meanwhile you guys in the west stand will still get wet ,but at least your pies will be warm

The numbers do not stack up for fan ownership for the club, if everyone of our supporters paid ten quid a month it would take four years to buy out the 51% ,but these guys are now obliged by agreements to sell 75% of the club, so another two years to buy out that lot. No real investment in the club,no monies for cash flow problems,no money for buying players etc etc. Cannot be done without a serious financial funder coming on board, so the starting point is not the fans nor SMiSA, it's finding that funder, that millionaire who will put the money up now ,including enough for taking the club forward

The new Commercial Director is , on paper ,able to buy out the other directors quite easily , but to date has not bought one share in the club. Is he biding his time?

Well done to all the SMiSA members that swelled the numbers last night, a pity that a large number of the players did not turn up as advertised , and of course no directors turned up,par for the course these days.

DO NOT REWARD FAILED DIRECTORS WITH A BONUS Their pension pot is empty because they have missed the million pound we ,the supporters, put into the club every year through the turnstile ,hospitality and shirt sales etc. By all means raise money asap because we need a new manager and seven players for next season, but put it into the club,demand representation on the board to control where the money is spent. Do not give them the cash,

Never mind handing over vast sums of money to the consortium. The way forward is to get those shareholders who have handed their shareholding proxy to the board's to withdraw that agreement, because the consortium do not OWN the 75 per cent they only own 53 percent Then all we need is for Allan Marshall to pull out of the consortium and sell his shares to SMiSA and we can remove this board. Then any money raised will stay in the club,not lining directors pockets

Any one know when the dome is going back up?

Yes, you are a shareholder,have checked, you are ok

SMiSA need to purchase 4000 shares to get to 5percent giving them the power to call an EGM ,so if you have 200 shares ,sell 190 and you still attend the meeting,we need hundreds of small investors to sell asap, please pass on the word.

You will not be attending any AGM because they will not be held if the club sells 75 per cent of shares, ie they will change the articles of the club,as they can to stop this requirement and their is nowt we can do about it.However if SMiSA can get a 10 percent holding it them the power to hold an EGM and have the accounts audited , giving the fans some control, without which they can do what they like,including selling the ground

Share register does not have addresses to write to,SMiSA did put advert in PDE and on this website, so if you wish to sell pm the whiteman

What SMiSA need is 10 percent of the shares, which will mean they have the power to call an EGM and can audit the accounts even if the new owners hold 75 per cent This can only come about if fans will sell or donate their shares ,and I believe this is as urgent as getting new members. The new owners,if they have 75 percent need no longer have an AGM

Double smokescreen,not English,not Argentine,local maybe?

If they have bought shares they have not registered them, the only change to shares at Companies house is SMiSA buying shares, I suggest this would be a good time to join SMiSA if you want a voice going forward.

They will only have bought Douglas Street Ltd ,who own 52 per cent of shares of the club, need an EGM to become directors, and pass SFA rules for owners, still a bit to go.

The best way forward is a consortium of the local companies that currently sponsor the club with advertising and the like , they are all ST Mirren Supporters.They would have the backing of all supporters.

Be careful what you wish for,if they are just buying the consortium out, ok , but if it's the consortium plus the two ex directors ,ie 75 percent then the money used to buy the club will probably taken on by the club as debt

Brian is there from the crack of dawn until after 6 on a match day,that cup of coffee is probably his first break,he does a great job I am no fan of the board but without Brian it would all fall apart, he has to control every penny that is spent on a daily basis .

The only way to raise money now is to guarantee the loan against the parachute payment

To get a new manager and new players we will have to go into serious debt, it may pay off, ie getting a loan based on our end of season pay out, but it would still leave us with debt that could be offset by compensation monies for McGin ,if we go down even more debt, precarious times ahead either way