Jump to content

Recommended Posts

  • 2 years later...

Posted

Great video.

Love Cappielow.

Noticed a great Saints girl in the film, keeping an eye on things.

  • 1 month later...
Posted

Morton need a new Manager.

Wonder if the old one will go back to Livingston to be Martindale's lackey.

Posted

Just read up on Morton’s predicament - would echo Others in that I would hate to see them fold. Hope they can work it out. 
https://www.google.co.uk/amp/s/www.dailyrecord.co.uk/sport/football/football-news/david-hopkin-shock-morton-departure-23147576.amp 

Posted

Troubled times indeed for Morton, after the death of their longtime benefactor Douglas Rae (owner of sweetie company Golden Casket) his son & successor Crawford does not have the same level of interest in subsidizing the club hence Hopkins departure, Crawford Rae also has less control of the parent company and is looking to bail out of the Morton and get some return on the £2.6M the parent company GC is owed by by the club.

The Morton Community Trust (their SMiSA) are trying to take over thee club - GC has agreed to write off the debt if they are handed the club's assets (the stadium & car park) and have agreed to allow the team to play there for a peppercorn rent and first option to buyback said stadium etc, however Morton would also have to pay for the stadium's maintenance in the meantime which could be significant with such an old stadium and who knows what would happen if they were to default - as ever the devil is in the detail.

Posted
52 minutes ago, Bud the Baker said:

Troubled times indeed for Morton, after the death of their longtime benefactor Douglas Rae (owner of sweetie company Golden Casket) his son & successor Crawford does not have the same level of interest in subsidizing the club hence Hopkins departure, Crawford Rae also has less control of the parent company and is looking to bail out of the Morton and get some return on the £2.6M the parent company GC is owed by by the club.

The Morton Community Trust (their SMiSA) are trying to take over thee club - GC has agreed to write off the debt if they are handed the club's assets (the stadium & car park) and have agreed to allow the team to play there for a peppercorn rent and first option to buyback said stadium etc, however Morton would also have to pay for the stadium's maintenance in the meantime which could be significant with such an old stadium and who knows what would happen if they were to default - as ever the devil is in the detail.

There are quite a lot if similarities between Morton and Carlisle utd down here being they have been bankrolled for years by another company owned by chairman/owner and having an old stadium. I think the break even figure will be achievable for Morton and they can sort themselves out, even if it is them haha 

 

  • 4 months later...
Posted

It'll be an interesting next coupla seasons for them as supporters group MCT are poised to take over this summer. It could go either way for them as they will have to live within budget upon completion of the deal - if they don't make a recovery in the play-offs or bounce back from Div 1 quickly they could turn into one of those famous old clubs (Airdrie, Clyde, QotS) who no longer trouble the top flight - that's if they're not there already (sic). 

  • 4 months later...
  • 2 months later...
  • 4 weeks later...
  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...