Thorizaar Posted November 28, 2013 Report Share Posted November 28, 2013 Have any shareholders received their copy of annual accounts and notification of the AGM this year yet? AGM is normally mid December at the latest and usually have all the info by now. Quote Link to comment Share on other sites More sharing options...
Bud the Baker Posted November 28, 2013 Report Share Posted November 28, 2013 (edited) Should be due about now, I know there was going to be a motion brought at the last AGM to have the paper copy replaced by an electronic communication - I wasn't there so I don't know how the vote went, maybe if it was passed the club are waiting for us to contact them with our email addresses. I'll give it another week or so. Edited November 28, 2013 by Bud the Baker Quote Link to comment Share on other sites More sharing options...
donport Posted November 28, 2013 Report Share Posted November 28, 2013 I got an email circa 3weeks ago asking to reconfirm my acceptance of email instead of paper? Quote Link to comment Share on other sites More sharing options...
WeeBud Posted November 28, 2013 Report Share Posted November 28, 2013 (edited) There have been two e-mails sent out recently asking shareholders to check that the club has their correct e-mail addresses....unfortunately I haven't kept the e-mails as I figured my details were correct as I received their communication. Thinking about that I guess you wouldn't have received the e-mail if your details were wrong and therefore wouldn't know to contact the club to correct them!! Edited November 28, 2013 by WeeBud Quote Link to comment Share on other sites More sharing options...
Bud the Baker Posted November 28, 2013 Report Share Posted November 28, 2013 So have the club decided that to continue to receive a paper copy you have to contact them to opt in? I'm not particularly bothered either way but I suppose I'll have to contact the club to find out. Quote Link to comment Share on other sites More sharing options...
rea Posted November 28, 2013 Report Share Posted November 28, 2013 There have been two e-mails sent out recently asking shareholders to check that the club has their correct e-mail addresses....unfortunately I haven't kept the e-mails as I figured my details were correct as I received their communication. Thinking about that I guess you wouldn't have received the e-mail if your details were wrong and therefore wouldn't know to contact the club to correct them!! I believe the who Club database was emailed on the basis that if you were a shareholder you would email back.....but that might be wrong. AGM will be this side of Christmas Quote Link to comment Share on other sites More sharing options...
Bud the Baker Posted November 28, 2013 Report Share Posted November 28, 2013 I don't remember giving them my email address, I presume Thor is the same, so I assume it's up to shareholders who haven't received any communication so far to get in touch with the club to arrange getting the report delivered. Quote Link to comment Share on other sites More sharing options...
bud77 Posted November 29, 2013 Report Share Posted November 29, 2013 I'm not shareholder but I got the e-mail, so I'd assume they have taken my details from the season ticket database Quote Link to comment Share on other sites More sharing options...
marrez Posted November 29, 2013 Report Share Posted November 29, 2013 accounts haven't been published yet Quote Link to comment Share on other sites More sharing options...
bluto Posted November 29, 2013 Report Share Posted November 29, 2013 accounts haven't been published yetI've seen those words before.For Rangers, Sevco, The Rangers, Rangers International FC. I hope we're not follow following THAT example! Quote Link to comment Share on other sites More sharing options...
davidg Posted November 30, 2013 Report Share Posted November 30, 2013 Accounts link was put on twitter by Div. Here it is for anyone who wants a look... https://dl.dropboxusercontent.com/sh/pi90d16agg7ngr5/7sJr9IHz6o/SMFC%20Financial%20Statements.pdf?dl=1&token_hash=AAFtGjWFU5gynDDyhZ8uLrKDdQUgH79A5peDzKkKK_NM4w Quote Link to comment Share on other sites More sharing options...
Bud the Baker Posted December 4, 2013 Report Share Posted December 4, 2013 Net current liabilities of £400k - let's hope we can sell one of these promising youngsters sometime. Quote Link to comment Share on other sites More sharing options...
whydowebother Posted December 4, 2013 Report Share Posted December 4, 2013 Net current liabilities of £400k - let's hope we can sell one of these promising youngsters sometime.The operating loss of £251k plus other things factored in bringing it upto the £400k mark may surprise some people, when you factor in the cup win. & everything that goes with it.This is why I'm glad we don't panic and spend money on transfers we can't actually afford. Quote Link to comment Share on other sites More sharing options...
Bud the Baker Posted December 4, 2013 Report Share Posted December 4, 2013 (edited) The operating loss is a paper loss only due to a depreciation in the value of the new stadium of approximately £300k a year. IIRC the debt came from the tailend of MacPherson's tenure when wages were allowed to spiral. I no longer have the accounts for this period but in 2009/10 with the bonus squabbles which troubled our LC run our total wage bill was over £3M - 77% of income for that season. During the CIC takeover 10000hours assured us there was no reason to worry as we had no "bank debt"! Edited December 4, 2013 by Bud the Baker Quote Link to comment Share on other sites More sharing options...
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