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The Swiss : Is Club About To Be Sold ?


Lethal89

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Who are these people?

They urnae' Smurrrnn fans, are they?

What's in it for them?

Where have they been hiding for three years?

What about the club assets?

What about the minority shareholders?

What are their plans?

Will they put us in debt?

Are they going to spend money we don't have?

What about the fan council and SMiSA?

What about Danny Lennon?

What about the stadium void?

What about....

We need answers.

What will happen to the price of pies?

What will happen to our season ticket prices?

Shull needs answers

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Totally agree , an update would be good from the club as to the questions you list.

I'm sure other folk could add a ton of equally pertinent questions to the list.

Maybe,

How are these new guys funding the purchase of the consortium's shares?

Will they be 'absent landlords'?

If so, who is their 'man on the ground' in Paisley on a day to day basis?

What are their plans for existing club staff?

Etc, etc....

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That is a very fair comment.

The biggest issue which concerned me was the debt incurred in buying out the club which the club would have had to pay back.

That and the fact that it all looked complicated as hell.

A soon as I smell complication on something as simple as running a football club, my instinct is to be very cautious indeed.

The Club did not have to Pay the debt back.

The CIC with the 1000+ members did.

No Debt or security, bond or floating charge existed or would have existed between the Club and the CIC creditors. If the CIC had failed to pay its way the only recourse any creditor would have had would have been to sell the shares that the CIC owned to someone else that wanted to own a the Club, but it would have had to do this in a responsible way not a fire sale due to the kinds of organisations involved.

Although in the history of the lenders involved they have never foreclosed on any creditor and obviously would not have agreed to loan the money to the Fans Group had they not done their homework on the business model and the sustainabilty of it.

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Still have a problem with the valuations.

Just imagine for a moment the consortium going on Dragons Den looking for anything over £1M for 51% of the club. How is this asking price justified when the club barely makes a profit and attendances are static at best? The initial £2M asking price values the club at over £4M, why? Can hear Duncan Bannatyne giving it “Amoot” after about two minutes.

Clearly in the open market it is worth only what someone is willing to pay. The board is on record as saying they are tired, taken it as far as they can and run out of ideas. That was over three years ago, what must it be like now?

I respect the board and the work done over the years but in the best interests of the club they should plan a handover to new people who do have the motivation to improve things.

New blood and ideas needed, now.

Remember the Club does not make a profit it makes an accounting loss of approx £300K each year

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Do they have plans for any fan involvement in their new set up?

Do they plan to install a new commercial director?

Will they decide on keeping JD Sports or not?

Is AWPs return as merchandise provider secure?

Would they demand that Harkins is dropped to allow McGowan to flourish?

Would they drop Goodwin or play him as a holding midfielder?

Will Cheesy be renamed Swiss Cheesy?

Will Kit Kats be replaced by Toblerone in catering outlets?

Will Roger Federer be photographed wearing a Saints shirt?

Questions, questions.

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Do they have plans for any fan involvement in their new set up?

Do they plan to install a new commercial director?

Will they decide on keeping JD Sports or not?

Is AWPs return as merchandise provider secure?

Would they demand that Harkins is dropped to allow McGowan to flourish?

Would they drop Goodwin or play him as a holding midfielder?

Will Cheesy be renamed Swiss Cheesy?

Will Kit Kats be replaced by Toblerone in catering outlets?

Will Roger Federer be photographed wearing a Saints shirt?

Questions, questions.

Last question may be closer to the truth than you think :)

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Do they have plans for any fan involvement in their new set up?

Do they plan to install a new commercial director?

Will they decide on keeping JD Sports or not?

Is AWPs return as merchandise provider secure?

Would they demand that Harkins is dropped to allow McGowan to flourish?

Would they drop Goodwin or play him as a holding midfielder?

Will Cheesy be renamed Swiss Cheesy?

Will Kit Kats be replaced by Toblerone in catering outlets?

Will Roger Federer be photographed wearing a Saints shirt?

Questions, questions.

Being Swiss are they involved with a bank ?

Do they have wealth 'off the radar' ?

Did they command a submarine in the Swiss navy ?

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Do they have plans for any fan involvement in their new set up?

Do they plan to install a new commercial director?

Will they decide on keeping JD Sports or not?

Is AWPs return as merchandise provider secure?

Would they demand that Harkins is dropped to allow McGowan to flourish?

Would they drop Goodwin or play him as a holding midfielder?

Will Cheesy be renamed Swiss Cheesy?

Will Kit Kats be replaced by Toblerone in catering outlets?

Will Roger Federer be photographed wearing a Saints shirt?

Questions, questions.

Will they fill in the corners?

Will they buy an electronic scoreboard? :-)

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Will they fill in the corners?

Will they buy an electronic scoreboard? :-)

We can't defend corners , never mind fill them in !

Electronic scoreboard ? Please , but don't connect the power supply till the team find some form tongue.png

Edited by whydowebother
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Who are these people?

They urnae' Smurrrnn fans, are they?

What's in it for them?

Where have they been hiding for three years?

What about the club assets?

What about the minority shareholders?

What are their plans?

Will they put us in debt?

Are they going to spend money we don't have?

What about the fan council and SMiSA?

What about Danny Lennon?

What about the stadium void?

What about....

We need answers.

Eh, duh, but wheres' the investment? I don't understand...

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