Stuart Dickson Posted December 15, 2016 Author Report Share Posted December 15, 2016 Contrast this.... https://www.facebook.com/sunderlandafc/videos/1513569641990485/ With this.... Quote January spend We anticipate the total amount due to go into the £2 pot from the Oct to Dec memberships will be around £8,000. The pot also currently contains £1,252.88 left over from the July to Sept memberships (as the final bill for our contribution to the disabled platform came out around £7,200). Having taken the views of the St Mirren board on where the club would like extra investment, we are proposing the contents of the £2 pot be added to the club’s playing budget for the January transfer window, to be spent as the manager sees fit. We are asking members to vote on whether they are happy to endorse this proposal, and if so, how much they want to make available. In doing so, we considered the following - - clearly the club’s league position remains perilous. Only a sustained improvement in results will stop St Mirren slipping into the third tier and the lowest point in its history, the financial impact of which would be disastrous; - the sums involved would make a clear difference – they could potentially fund all or at least most of a player’s wage between January and the end of the season; - we surveyed our members in September over your spending priorities, the results of which can be seen here. At that time, 44% of you ranked the first-team playing budget as an important or very important use of the money, while 30% of you said it wasn’t a suitable use. There are other types of project we want to and will put before you in future – but we feel if there was ever a time to prioritise investment in the playing budget, it is now. We appreciate opinions will vary, but members have the option to reject these proposals. Should a majority of members vote not to spend the money, it will stay in the pot for potential future use. There will be two questions, both of which will run on a yes or no basis. The first will ask whether members are happy to spend the £8,000 from the last three months worth of £2s in this way. The second question only applies if a majority of members say yes to question 1, and that is whether you wish to top the total up with the additional £1,252.88 brought forward from the last quarter. You can vote now via secure online ballot in the email which will follow this one. Please junk check your junk mail for this email. Voting will run until midnight Sunday 18 December. Undersoil heating As the club recently confirmed in a detailed statement to fans at the start of December, the undersoil heating at the Paisley 2021 Stadium is not working and needs repaired. You can read the club’s full statement here. The club has since approached SMISA to ask if we would be willing to make available to them an interest-free loan of £15,000, to cover the cost of the repairs should they decide to make them. The club’s annual budget does not make provision for this, meaning external funding is needed if the repairs are to happen. We were asked to make a quick decision as the club may need to make the repairs quickly – should the game against Morton at Hogmanay be postponed, it would likely lead to a substantial loss of much-needed revenue. Having debated the issue, the SMISA committee decided to agree to the club’s request.Tthe club and smisa will work together to agree a suitable repayment schedule. Our reason is we felt it was better to put this money to use for the good of the club, when it would be sitting in the bank otherwise. We would reassure members we have cash reserves which can comfortably cover the sum in question, and as the money will be paid back in full, our long-term financial planning is not affected. While we accept it may have been preferable to give the members the chance to vote on this, we hope you would appreciate the timescales and time of year of the request made that very difficult. We are also aware it has been suggested the undersoil heating repairs could have been put to members as an option in the £2 pot vote, but – notwithstanding the timescales – there isn’t enough money in that pot to do so, plus this makes it possible for the repairs and investment in the playing squad to both happen. Which one would you expect a Community Club to do? Quote Link to comment Share on other sites More sharing options...
stlucifer Posted December 15, 2016 Report Share Posted December 15, 2016 25 minutes ago, Stuart Dickson said: Contrast this.... https://www.facebook.com/sunderlandafc/videos/1513569641990485/ With this.... Which one would you expect a Community Club to do? Why does it interest you either way? You have nothing to do with the situation. The statement clearly states that, if time constraints weren't an issue the members would have a chance to debate and decide. It is the SAINT MIRREN supporters. SMiSA are simply doing what is in the best interest of the club with a negligible negative affect on the funds the committee are charged with protecting. Why don't you go and post your nonsense on the Clyde or Sunderland sites and give some respite to all and sundry on this forum. Don't forget to clean your hands before typing as I'm pretty certain at least one of them has been busy doing something other than hitting a keyboard. Quote Link to comment Share on other sites More sharing options...
Kombibuddie Posted December 15, 2016 Report Share Posted December 15, 2016 all but £2 of the monthly subscriptions is meant to be ringfenced and it was, until now. What's happened to the ringfence?? Quote Link to comment Share on other sites More sharing options...
shull Posted December 15, 2016 Report Share Posted December 15, 2016 9 minutes ago, stlucifer said: Why does it interest you either way? You have nothing to do with the situation. The statement clearly states that, if time constraints weren't an issue the members would have a chance to debate and decide. It is the SAINT MIRREN supporters. SMiSA are simply doing what is in the best interest of the club with a negligible negative affect on the funds the committee are charged with protecting. Why don't you go and post your nonsense on the Clyde or Sunderland sites and give some respite to all and sundry on this forum. Don't forget to clean your hands before typing as I'm pretty certain at least one of them has been busy doing something other than hitting a keyboard. Christ, what a horrific post Quote Link to comment Share on other sites More sharing options...
bazil85 Posted December 15, 2016 Report Share Posted December 15, 2016 all but £2 of the monthly subscriptions is meant to be ringfenced and it was, until now. What's happened to the ringfence?? It is all ring fenced mate. The other money is separate funds SMISA have raised nothing to do with buyout. SMISA still fund raise in different ways and have money in the bank where the loan will come from. Quote Link to comment Share on other sites More sharing options...
bazil85 Posted December 15, 2016 Report Share Posted December 15, 2016 Yeah we're so similar to Sunderland we should model ourselves on them. What a walloper! Quote Link to comment Share on other sites More sharing options...
bungle_1981 Posted December 16, 2016 Report Share Posted December 16, 2016 2 hours ago, Stuart Dickson said: Contrast this.... https://www.facebook.com/sunderlandafc/videos/1513569641990485/ With this.... Which one would you expect a Community Club to do? Wow. In your relentless pursuit of petty point scoring and one-upmanship you've actually played the dying child card, like it's some weird game of top trumps. Even for a sanctimonious bar steward like you, that's pretty low. Quote Link to comment Share on other sites More sharing options...
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