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Drew

10000Hours Update: 23Rd July 2012

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This email has just popped into my inbox.

It makes interesting reading, not least this passage:

There is no doubt that, with the club stating that there is no longer the threat of administration, and the downgrading of the hurricane warning from catastrophe to stormy waters there has, thankfully, not been the urgent need for funds that we had all feared

Now, I've been away for a week, so might have missed this statement/confirmation.

Those of us who were highly sceptical about the armageddon claims might not be hugely surprised by this, but it would be helpful to have had something formal from the club given the fund-raising initiatives that have been put in place, and broader concerns surrounding the future of the club.

Perhaps I've missed something while on holiday?

Edited by Drew

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I haven't seen such an announcement anywhere either Drew - first I knew was when I received the same 10000hours e-mail. If it is true, then it is obviously positive news, but your guess is as good as mine as to where and when the club announced that armageddon had been averted.

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Why Dont 10,000 Whores and Gilmour, REA, GLS, And The Webmaster of this Site, Tell the Truth, The whole Truth, And Nothing But the Truth ??????

I lied in Big Jake's thread. I've got more than one forum user on ignore.

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Can someone paste the full email please?

10000 hours update July 23rd

The events of the last week have clarified a lot in football terms for the coming season, however, we are still unaware of the position of all the SPL sponsors.

We would hope that by the end of this week we will have had clarification of the amount of money the club will receive this season and as a result of having a clear financial picture we will be able to re -enter negotiations with the selling consortium.

As per our previous e-mail we can confirm that all direct debits have been re set to start on August 31st. We will contact all 87 and 1877 members individually once we know when the deal will conclude.

We would like to thank all those who have contributed to the Nero Blanco fund. To date we have raised a substantial amount. There is no doubt that, with the club stating that there is no longer the threat of administration, and the downgrading of the hurricane warning from catastrophe to stormy waters there has, thankfully, not been the urgent need for funds that we had all feared. The money raised will remain in place in case it is needed but we will poll all those who have contributed before distributing it.

Let's all get behind the team and make our first game of the new season a sell out!

Thank you for your continued support.

The 10000Hours Team

Edited by Drew

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I noticed this also... Assumed I had missed something. Hmm! Has someone monumentally cocked up here?

In what way ktf? I'm interested in the conspiracy. Has REA cocked up by not sticking to a party line that says lets keep fans creaming their pants and donating money to the club?

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Strange the Hurricane (armaggedon) is now a slight breeze with a chance of some showers. Over 90% of fans with no inside knowlege believed that sky would be daft to pull out of Scottish football. Doncaster and Regan did everything in their power to tell us and the media they would. 10000 hrs seem to be the messenger which is not good enough!.....SG and the BOD...You own the club!....You speak until you sell!.......(rotten smell!).

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It's on the 10000 hrs site:

http://10000hours.org/news/190-10000hours-update-july-23rd

Nothing on the fishal site about it, although SG was playing down armaggedon in the diddy press recently. Pretty sure a link was posted in another thread. As per the post in another thread employees at St Mirren have been very poorly treated in yet another scaremongering exercise by 10000 hrs. These people haven't got a clue about community and can't see past their own agenda. Gigs up - f"k off.

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Guest somner9

A shocking bit of scaremongering which I called at the time. T o set up a fighting fund when noone knew what we were fighting for (what exactly is the problem) is pure scaremongering on 10000 hours part, backed it seems by the selling consortium.

Now why on earth would they want a stream of cash with no strings attached flowing in?

O Circle of Trust

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10000 hours

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It's on the 10000 hrs site:

http://10000hours.or...pdate-july-23rd

Nothing on the fishal site about it, although SG was playing down armaggedon in the diddy press recently. Pretty sure a link was posted in another thread. As per the post in another thread employees at St Mirren have been very poorly treated in yet another scaremongering exercise by 10000 hrs. These people haven't got a clue about community and can't see past their own agenda. Gigs up - f"k off.

A shocking bit of scaremongering which I called at the time. T o set up a fighting fund when noone knew what we were fighting for (what exactly is the problem) is pure scaremongering on 10000 hours part, backed it seems by the selling consortium.

Now why on earth would they want a stream of cash with no strings attached flowing in?

O Circle of Trust

red-arrow-down-large.jpg

10000 hours

To be honest, I'm not entirely sure that it was 10000Hours who were doing the 'scaremongering'. But don't let that get in the way of another opportunity to advance your own agenda....

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Shower of jokers....its the behaviour you would expect of a david murray board, not a board trying to front the takeover of a community club.

Are St Mirren Board meetings now driven by REA and SG carving up scheme after scheme to try and ramp up supporters investment into the club for zero return. I would give SG the benefit of the doubt for previous service to the club. Time for the troublemaking 10000 hrs mob to shut up shop (a poorly stocked one) and head for them thar hills before The Duke starts clearing house.....The magnificent seven were a shower of preening fannies. Big Marion will sort them out.

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To be honest, I'm not entirely sure....

You are not being honest....and you actually are pretty sure if you are being honest with yourself and your fellow supporters. The rumours of financially calamity if the newco weren't supported were started by 10000 hrs not SMFC.....although they appear to be one and the same at the moment so long as the club is controlled by the 52% shareholding - which is the catalyst for all this shite, and the biggest threat to the clubs future.

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You are not being honest....and you actually are pretty sure if you are being honest with yourself and your fellow supporters. The rumours of financially calamity if the newco weren't supported were started by 10000 hrs not SMFC.....although they appear to be one and the same at the moment so long as the club is controlled by the 52% shareholding - which is the catalyst for all this shite, and the biggest threat to the clubs future.

I sat in the SMFC boardroom a few weeks back, and it wasn't Richard Atkinson who was forecasting financial catastrophe if the newco weren't in the 1st Division.

You're talking bollocks now John, and you know that fine well. The PDE did carry a story a good while back in which someone from 10000Hours apparently referred to a financial apocalypse, and I was no more impressed with that than I have been with the club making such utterences, but you are twisting this beyond any meaningful interpretation due to your apparent desperation to put the boot into 10000Hours at any and every opportunity.

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The board of directors are the ones who still own our club and should be telling us fans if administration is now no longer a possibility. As usual though, the paying punters are kept in the dark and the last ones to find out.

We're heading into a new season in less than a fortnight - what else could get the fans feeling positive again than revealing that we are no longer facing the kind of financial meltdown first being predicted? That is, of course, if 10000 Hours have got the statement correct.

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You are not being honest....and you actually are pretty sure if you are being honest with yourself and your fellow supporters. The rumours of financially calamity if the newco weren't supported were started by 10000 hrs not SMFC.....although they appear to be one and the same at the moment so long as the club is controlled by the 52% shareholding - which is the catalyst for all this shite, and the biggest threat to the clubs future.

Come on, Sid. SG and the other SPL chairmen, aided and abetted by the clowns in charge of Scottish Football, were the ones promising Armageddon. The 10000hrs people may well have rode in on the back of this as an opportunity to increase subscriptions from fans desperate to save the club, but they didn't start the bollox.

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Guest somner9

Come on, Sid. SG and the other SPL chairmen, aided and abetted by the clowns in charge of Scottish Football, were the ones promising Armageddon. The 10000hrs people may well have rode in on the back of this as an opportunity to increase subscriptions from fans desperate to save the club, but they didn't start the bollox.

Eh... 10000 hours (who make up the Bod of smfc) said this which is riddled with conflicts of interest and the killer line that 83.5% of 10000 members would be willing to give their monthly subs to the BoD!:

The current uncertainty within Scottish Football surrounding central sponsorship money has put St.Mirren Football Club at risk of having to make severe cost cuts across the whole football club in the immediate future.

As announced by the Board last week, the Club could face a revenue drop in the coming season forecast to be in the region of as much as £400k to £600k should the SFL member clubs vote only to allow the Newco Rangers to enter the league hierarchy in the bottom tier. The SFL clubs will meet this Friday to vote on the issue.

At worst the board of directors have told the fans and shareholders of the club that it could be faced with offloading star players, making forced redundancies or even facing administration if costs cannot be cut sufficiently to meet with reduced income from central sponsorships.

This level of uncertainty has also postponed our own planned purchase of the majority shareholding of the football club. We are unable at present to proceed with our offer but similarly we do not want to stand idly by and watch the football club we love struggle to meet it's obligations, or lose key staff, due entirely to a crisis that was not of it's own making.

The main way fans can help is to purchase a season ticket for the forthcoming season 2012-2013. If you have not already done so please consider doing that to support the club. We do know of course that many of our members have already renewed but still want to be seen to help the club in any way they can.

In a recent poll 83.5% of our signed up members said they would be in favour of using the planned 10000Hours direct debit subscriptions, due to begin on 31st July 2012, to support the football club if the board asked for that help.

We, and the club, greatly appreciate that offer, however we also appreciate that there are many individuals who support the club who do not wish to take up a monthly subscription and we are also mindful of the fact that in a competitive bidding situation there is no guarantee that 10000Hours will emerge as the successful bidder for the majority shareholding. In short we do not want to draw down the original funds unless they are to be expressly used for the purpose for which they were pledged.

With £11,500 of monthly subscriptions currently in our secure payments system we have proven that as an organisation with a committed membership now numbering over 1,000 individuals we have the ability, the means and technology to bring money into the organisation.

With all of the above in mind we have decided to launch the following fundraising plan, under the project banner of NERO BLANCO;

  • Existing 10000Hours monthly direct debits will NOT be drawn down on 31st July
  • We have asked GoCardless to postpone these until 31st August by which time we should be able to confirm our offer.
  • Using Euro 2012 influences our project will be called NERO (Italian for Black) BLANCO (Spanish for White)
  • NERO BLANCO is a separate fundraising initiative aimed at offering assistance to the football club should it be required
  • Any St.Mirren fan, regardless of whether they are a 10000Hours member or not can securely deposit single payments into the fund
  • Funds are all securely taken and processed on our behalf by GoCardless
  • GoCardless take a 1% handling fee from us for this service eg donate £10 and the fund gets £9.90
  • Payments are made via single direct debit, there is no monthly commitment
  • Users may also donate directly from their bank account using standard online banking (sort code and account number are shown at the foot of this page)
  • The fund raised will be held by 10000Hours pending the club asking for help
  • If the Club asks for financial help 10000Hours will offer the NERO BLANCO fund to them
  • We are conscious that St Mirren Football Club and the selling consortium are two very different entities and that any money raised would be going to the football club. However we expect the selling consortium to take cognisance of any funds that are given to the football club.
  • If 10000Hours is not successful in purchasing the clubs shares and is dissolved it would be our intention to pass the funds to SMiSA but this will be put to a straight majority vote by those who contribute to the fund.
  • The reasoning behind this being that if the club is not sold to the fans (via 10000Hours) then it will be more important than ever that there is a strong independent supporters association around to represent the fans.
  • If any vote on funds allocation is required it will be on a one vote per individual basis and will be carried out online via a secure poll

We see this as an opportunity for St.Mirren fans to work together for the benefit of the club and we are in discussions with SMiSA as how best to coordinate both this and any additional fundraising exercises.

We will keep a regular total of funds raised into NERO BLANCO on this webpage.

How to donate - Option 1 - Secure Single Direct Debit

You can donate now online, securely and easily, direct from your bank account into the fund by clicking any of the following links depending on the amount you wish to donate. Note that these are ONE OFF payments.

Edited by somner9

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Eh... 10000 hours (who make up the Bod of smfc) said this which is riddled with conflicts of interest and the killer line that 83.5% of 10000 members would be willing to give their monthly subs to the BoD!:

The current uncertainty within Scottish Football surrounding central sponsorship money has put St.Mirren Football Club at risk of having to make severe cost cuts across the whole football club in the immediate future.

As announced by the Board last week, the Club could face a revenue drop in the coming season forecast to be in the region of as much as £400k to £600k should the SFL member clubs vote only to allow the Newco Rangers to enter the league hierarchy in the bottom tier. The SFL clubs will meet this Friday to vote on the issue.

At worst the board of directors have told the fans and shareholders of the club that it could be faced with offloading star players, making forced redundancies or even facing administration if costs cannot be cut sufficiently to meet with reduced income from central sponsorships.

This level of uncertainty has also postponed our own planned purchase of the majority shareholding of the football club. We are unable at present to proceed with our offer but similarly we do not want to stand idly by and watch the football club we love struggle to meet it's obligations, or lose key staff, due entirely to a crisis that was not of it's own making.

The main way fans can help is to purchase a season ticket for the forthcoming season 2012-2013. If you have not already done so please consider doing that to support the club. We do know of course that many of our members have already renewed but still want to be seen to help the club in any way they can.

In a recent poll 83.5% of our signed up members said they would be in favour of using the planned 10000Hours direct debit subscriptions, due to begin on 31st July 2012, to support the football club if the board asked for that help.

We, and the club, greatly appreciate that offer, however we also appreciate that there are many individuals who support the club who do not wish to take up a monthly subscription and we are also mindful of the fact that in a competitive bidding situation there is no guarantee that 10000Hours will emerge as the successful bidder for the majority shareholding. In short we do not want to draw down the original funds unless they are to be expressly used for the purpose for which they were pledged.

With £11,500 of monthly subscriptions currently in our secure payments system we have proven that as an organisation with a committed membership now numbering over 1,000 individuals we have the ability, the means and technology to bring money into the organisation.

With all of the above in mind we have decided to launch the following fundraising plan, under the project banner of NERO BLANCO;

  • Existing 10000Hours monthly direct debits will NOT be drawn down on 31st July
  • We have asked GoCardless to postpone these until 31st August by which time we should be able to confirm our offer.
  • Using Euro 2012 influences our project will be called NERO (Italian for Black) BLANCO (Spanish for White)
  • NERO BLANCO is a separate fundraising initiative aimed at offering assistance to the football club should it be required
  • Any St.Mirren fan, regardless of whether they are a 10000Hours member or not can securely deposit single payments into the fund
  • Funds are all securely taken and processed on our behalf by GoCardless
  • GoCardless take a 1% handling fee from us for this service eg donate £10 and the fund gets £9.90
  • Payments are made via single direct debit, there is no monthly commitment
  • Users may also donate directly from their bank account using standard online banking (sort code and account number are shown at the foot of this page)
  • The fund raised will be held by 10000Hours pending the club asking for help
  • If the Club asks for financial help 10000Hours will offer the NERO BLANCO fund to them
  • We are conscious that St Mirren Football Club and the selling consortium are two very different entities and that any money raised would be going to the football club. However we expect the selling consortium to take cognisance of any funds that are given to the football club.
  • If 10000Hours is not successful in purchasing the clubs shares and is dissolved it would be our intention to pass the funds to SMiSA but this will be put to a straight majority vote by those who contribute to the fund.
  • The reasoning behind this being that if the club is not sold to the fans (via 10000Hours) then it will be more important than ever that there is a strong independent supporters association around to represent the fans.
  • If any vote on funds allocation is required it will be on a one vote per individual basis and will be carried out online via a secure poll

We see this as an opportunity for St.Mirren fans to work together for the benefit of the club and we are in discussions with SMiSA as how best to coordinate both this and any additional fundraising exercises.

We will keep a regular total of funds raised into NERO BLANCO on this webpage.

How to donate - Option 1 - Secure Single Direct Debit

You can donate now online, securely and easily, direct from your bank account into the fund by clicking any of the following links depending on the amount you wish to donate. Note that these are ONE OFF payments.

You are ignoring the fact that it was the CLUB who were responsible for the most important phrase in that article - As announced by the Board last week, the Club could face a revenue drop in the coming season forecast to be in the region of as much as £400k to £600k should the SFL member clubs vote only to allow the Newco Rangers to enter the league hierarchy in the bottom tier.

It was SG who continuously told us of the expected massive drop in revenue, and then wee Danny Lennon and others foolowed up with the same guff. Doncaster and Regan came out with the same sh*te in relation to the wider game, and SG even stated only two weeks ago that 5 SPL clubs were on the brink of administration. Are 1000hrs responsible for that as well?

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Eh... 10000 hours (who make up the Bod of smfc) said this which is riddled with conflicts of interest and the killer line that 83.5% of 10000 members would be willing to give their monthly subs to the BoD!:

The current uncertainty within Scottish Football surrounding central sponsorship money has put St.Mirren Football Club at risk of having to make severe cost cuts across the whole football club in the immediate future.

As announced by the Board last week, the Club could face a revenue drop in the coming season forecast to be in the region of as much as £400k to £600k should the SFL member clubs vote only to allow the Newco Rangers to enter the league hierarchy in the bottom tier. The SFL clubs will meet this Friday to vote on the issue.

At worst the board of directors have told the fans and shareholders of the club that it could be faced with offloading star players, making forced redundancies or even facing administration if costs cannot be cut sufficiently to meet with reduced income from central sponsorships.

This level of uncertainty has also postponed our own planned purchase of the majority shareholding of the football club. We are unable at present to proceed with our offer but similarly we do not want to stand idly by and watch the football club we love struggle to meet it's obligations, or lose key staff, due entirely to a crisis that was not of it's own making.

The main way fans can help is to purchase a season ticket for the forthcoming season 2012-2013. If you have not already done so please consider doing that to support the club. We do know of course that many of our members have already renewed but still want to be seen to help the club in any way they can.

In a recent poll 83.5% of our signed up members said they would be in favour of using the planned 10000Hours direct debit subscriptions, due to begin on 31st July 2012, to support the football club if the board asked for that help.

We, and the club, greatly appreciate that offer, however we also appreciate that there are many individuals who support the club who do not wish to take up a monthly subscription and we are also mindful of the fact that in a competitive bidding situation there is no guarantee that 10000Hours will emerge as the successful bidder for the majority shareholding. In short we do not want to draw down the original funds unless they are to be expressly used for the purpose for which they were pledged.

With £11,500 of monthly subscriptions currently in our secure payments system we have proven that as an organisation with a committed membership now numbering over 1,000 individuals we have the ability, the means and technology to bring money into the organisation.

With all of the above in mind we have decided to launch the following fundraising plan, under the project banner of NERO BLANCO;

  • Existing 10000Hours monthly direct debits will NOT be drawn down on 31st July
  • We have asked GoCardless to postpone these until 31st August by which time we should be able to confirm our offer.
  • Using Euro 2012 influences our project will be called NERO (Italian for Black) BLANCO (Spanish for White)
  • NERO BLANCO is a separate fundraising initiative aimed at offering assistance to the football club should it be required
  • Any St.Mirren fan, regardless of whether they are a 10000Hours member or not can securely deposit single payments into the fund
  • Funds are all securely taken and processed on our behalf by GoCardless
  • GoCardless take a 1% handling fee from us for this service eg donate £10 and the fund gets £9.90
  • Payments are made via single direct debit, there is no monthly commitment
  • Users may also donate directly from their bank account using standard online banking (sort code and account number are shown at the foot of this page)
  • The fund raised will be held by 10000Hours pending the club asking for help
  • If the Club asks for financial help 10000Hours will offer the NERO BLANCO fund to them
  • We are conscious that St Mirren Football Club and the selling consortium are two very different entities and that any money raised would be going to the football club. However we expect the selling consortium to take cognisance of any funds that are given to the football club.
  • If 10000Hours is not successful in purchasing the clubs shares and is dissolved it would be our intention to pass the funds to SMiSA but this will be put to a straight majority vote by those who contribute to the fund.
  • The reasoning behind this being that if the club is not sold to the fans (via 10000Hours) then it will be more important than ever that there is a strong independent supporters association around to represent the fans.
  • If any vote on funds allocation is required it will be on a one vote per individual basis and will be carried out online via a secure poll

We see this as an opportunity for St.Mirren fans to work together for the benefit of the club and we are in discussions with SMiSA as how best to coordinate both this and any additional fundraising exercises.

We will keep a regular total of funds raised into NERO BLANCO on this webpage.

How to donate - Option 1 - Secure Single Direct Debit

You can donate now online, securely and easily, direct from your bank account into the fund by clicking any of the following links depending on the amount you wish to donate. Note that these are ONE OFF payments.

FFS, this is piss-poor even by your standards.

You have failed to bold a few relevant passages in there. For example....

As announced by the Board last week, the Club could face a revenue drop in the coming season forecast to be in the region of....

At worst the board of directors have told the fans and shareholders of the club that it could be faced with....

In short we do not want to draw down the original funds unless they are to be expressly used for the purpose for which they were pledged [this somewhat undermines your claim - "the killer line that 83.5% of 10000 members would be willing to give their monthly subs to the BoD!"]

The 4th question was worded thus:

In the event of SPL Commercial revenues reducing would you, working with the CIC and SMFC, be prepared to support the club through increased pledges and donations ? (Depending on the funding required this may delay the purchase for a year with your monthly contribution going towards helping the club directly while helping to maintain the integrity of Scottish Football)

This only makes reference to increased pledges and donations, not the use of the DD mandate money already received.

ETA: I'm not at all sure why I'm even bothering to respond to your drivel. It barely merits the effort.

Edited by Drew

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Guest somner9

You are ignoring the fact that it was the CLUB who were responsible for the most important phrase in that article - As announced by the Board last week, the Club could face a revenue drop in the coming season forecast to be in the region of as much as £400k to £600k should the SFL member clubs vote only to allow the Newco Rangers to enter the league hierarchy in the bottom tier.

It was SG who continuously told us of the expected massive drop in revenue, and then wee Danny Lennon and others foolowed up with the same guff. Doncaster and Regan came out with the same sh*te in relation to the wider game, and SG even stated only two weeks ago that 5 SPL clubs were on the brink of administration. Are 1000hrs responsible for that as well?

Sorry whose on the board these days? ah yes it's those 10000 hours guys is it not?

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