Lord Pityme Posted February 2, 2020 Report Share Posted February 2, 2020 If you are a current, former or potential smisa member you need to understand this! Smisa is a Community Benefit Society, the crucial reasons for Smisa taking the lead in Fans owning the club are possibly much more crucial and fundamental than you may consider? Yes if the fans ( Smisa & small shareholders) own over 90% of the club, then no one organisation or individual can come in and run the club to suit the aims, which may not be in the club's best interests. But there are much more deeper, fundamental reasons that the club chairman, Smisa committee and shockingly an outside organisation are being allowed to "condition" you into believing "it's a done deal so just agree" and not consider before deciding how to vote. A community benefit society can only sell its assets if the proceeds of that sale benefit the community. The club chairman, Kibble and smisa committee know this, and know this sale of over a quarter of the club to Kibble could not happen when Smisa takes over! So their joint aim is to deceive/convince you this is "the greatest deal ever" as they need you to do it now, before it becomes illegal. In essence they are trying to play you to agree whilst They benefit from it. There is not one reason why the club could not start to deliver almost every service that Kibble offer! The hard fact is Kibble want YOUR community asset to be able to use it to provide services to people from all over the UK. That's their business, why should we hand over our communities asset to benefit Kibble? Indeed the club actually make money at present from hiring facilities to Kibble that go directly into benefitting the community! There is no reason why, if required we couldnt hire/partner Kibble, or any other providers of the type of service we cant deliver ourselves, until we were able to deliver it ourselves without selling our community asset! But that crucially doesn't bebefit Kibble as much as it does OUR community! They are desperate for you to let this shocking stripping of your community asset NOW... before it becomes Illegal. So the simple question I believe Smisa members should consider is... " do I want to benefit my community with our assets, or Kibble and our chairman's bank balance? There are so many things others have said the club could never do, or be, that we have done and become. Play the long game, hold onto your community asset and use it to benefit your club and community. This below is what we should be building ourselves, not subbing it out in bits and pieces... https://www.foundationoflight.co.uk/about-us/ Link to comment Share on other sites More sharing options...
djchapsticks Posted February 2, 2020 Report Share Posted February 2, 2020 Is this the same asset stripping that Skyview were surely going to do, or different? Absoulte tinfoil hat stuff, this. Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 Is this the same asset stripping that Skyview were surely going to do, or different? Absoulte tinfoil hat stuff, this. Ffs dont you think the fans/community losing over a quarter of THEIR asset is an issue you can engage with, or are you just with the school kid stuff? Link to comment Share on other sites More sharing options...
smcc Posted February 2, 2020 Report Share Posted February 2, 2020 31 minutes ago, Lord Pityme said: If you are a current, former or potential smisa member you need to understand this! Smisa is a Community Benefit Society, the crucial reasons for Smisa taking the lead in Fans owning the club are possibly much more crucial and fundamental than you may consider? But St Mirren FC is not a CBS. Yes if the fans ( Smisa & small shareholders) own over 90% of the club, then no one organisation or individual can come in and run the club to suit the aims, which may not be in the club's best interests. But there are much more deeper, fundamental reasons that the club chairman, Smisa committee and shockingly an outside organisation are being allowed to "condition" you into believing "it's a done deal so just agree" and not consider before deciding how to vote." I am not being conditioned into believing it is a done deal and have already pointed out on another thread that the deal is dependent on a vote of SMISA members. A community benefit society can only sell its assets if the proceeds of that sale benefit the community. The club chairman, Kibble and smisa committee know this, and know this sale of over a quarter of the club to Kibble could not happen when Smisa takes over! SMISA is not selling its assets. The shares that Kibble intends to buy do not belong to SMISA, but to Gordon Scott. So their joint aim is to deceive/convince you this is "the greatest deal ever" as they need you to do it now, before it becomes illegal. In essence they are trying to play you to agree whilst They benefit from it. There is not one reason why the club could not start to deliver almost every service that Kibble offer! The hard fact is Kibble want YOUR community asset to be able to use it to provide services to people from all over the UK. That's their business, why should we hand over our communities asset to benefit Kibble? Indeed the club actually make money at present from hiring facilities to Kibble that go directly into benefitting the community! There is no reason why, if required we couldnt hire/partner Kibble, or any other providers of the type of service we cant deliver ourselves, until we were able to deliver it ourselves without selling our community asset! But that crucially doesn't bebefit Kibble as much as it does OUR community! They are desperate for you to let this shocking stripping of your community asset NOW... before it becomes Illegal. So the simple question I believe Smisa members should consider is... " do I want to benefit my community with our assets, or Kibble and our chairman's bank balance? There are so many things others have said the club could never do, or be, that we have done and become. Play the long game, hold onto your community asset and use it to benefit your club and community. This below is what we should be building ourselves, not subbing it out in bits and pieces... https://www.foundationoflight.co.uk/about-us/ As for benefiting the Chairman's bank balance, you conveniently forget that he was the only one prepared to but up the cash to allow BTB to go ahead. Under the proposed deal he will certainly get his money earlier than he thought, but you have no idea what his present financial circumstances are and whether he might need this. You needs to get rid of the huge chip on your shoulder. Link to comment Share on other sites More sharing options...
aldo_j Posted February 2, 2020 Report Share Posted February 2, 2020 I’m interested to see how much money we make from Kibble at present. Considering they own and run ‘the Experience’ out in Hillington that has plenty of space, I’d be surprised if they spent huge amount with us. Link to comment Share on other sites More sharing options...
dumbarton_bud Posted February 2, 2020 Report Share Posted February 2, 2020 1 hour ago, Lord Pityme said: If you are a current, former or potential smisa member you need to understand this! Smisa is a Community Benefit Society, the crucial reasons for Smisa taking the lead in Fans owning the club are possibly much more crucial and fundamental than you may consider? Yes if the fans ( Smisa & small shareholders) own over 90% of the club, then no one organisation or individual can come in and run the club to suit the aims, which may not be in the club's best interests. But there are much more deeper, fundamental reasons that the club chairman, Smisa committee and shockingly an outside organisation are being allowed to "condition" you into believing "it's a done deal so just agree" and not consider before deciding how to vote. A community benefit society can only sell its assets if the proceeds of that sale benefit the community. The club chairman, Kibble and smisa committee know this, and know this sale of over a quarter of the club to Kibble could not happen when Smisa takes over! So their joint aim is to deceive/convince you this is "the greatest deal ever" as they need you to do it now, before it becomes illegal. In essence they are trying to play you to agree whilst They benefit from it. There is not one reason why the club could not start to deliver almost every service that Kibble offer! The hard fact is Kibble want YOUR community asset to be able to use it to provide services to people from all over the UK. That's their business, why should we hand over our communities asset to benefit Kibble? Indeed the club actually make money at present from hiring facilities to Kibble that go directly into benefitting the community! There is no reason why, if required we couldnt hire/partner Kibble, or any other providers of the type of service we cant deliver ourselves, until we were able to deliver it ourselves without selling our community asset! But that crucially doesn't bebefit Kibble as much as it does OUR community! They are desperate for you to let this shocking stripping of your community asset NOW... before it becomes Illegal. So the simple question I believe Smisa members should consider is... " do I want to benefit my community with our assets, or Kibble and our chairman's bank balance? There are so many things others have said the club could never do, or be, that we have done and become. Play the long game, hold onto your community asset and use it to benefit your club and community. This below is what we should be building ourselves, not subbing it out in bits and pieces... https://www.foundationoflight.co.uk/about-us/ So tell me, what is it Kibble are proposing to do that's about to become illegal? And, if I'm reading the Q+A properly, big decisions like selling off club assets requires unanimous support on the board. How do Kibble and their 2 directors get this through a board meeting when their in the minority with SMISA? Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 As for benefiting the Chairman's bank balance, you conveniently forget that he was the only one prepared to but up the cash to allow BTB to go ahead. Under the proposed deal he will certainly get his money earlier than he thought, but you have no idea what his present financial circumstances are and whether he might need this. You needs to get rid of the huge chip on your shoulder.Wrong!Smisa.. the fans are putting up ALL the money!And... crucially could have BtB themselves!But then Scott would have been stuck with those shares again!Have any opinion you want, but ffs wake up and get real about exactly Who, needs/needed Who? Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 So tell me, what is it Kibble are proposing to do that's about to become illegal? And, if I'm reading the Q+A properly, big decisions like selling off club assets requires unanimous support on the board. How do Kibble and their 2 directors get this through a board meeting when their in the minority with SMISA? Read the post! Once/If..? Smisa take ownership of Scott's shares they are an asset of the community benefit society Smisa 1877. And cant be sold, unless the proceeds of that sale benefit the community. I.e smisa members, saints fans, all the local groups that the club/trust does or should work with/for. Link to comment Share on other sites More sharing options...
dumbarton_bud Posted February 2, 2020 Report Share Posted February 2, 2020 10 minutes ago, Lord Pityme said: Read the post! Once/If..? Smisa take ownership of Scott's shares they are an asset of the community benefit society Smisa 1877. And cant be sold, unless the proceeds of that sale benefit the community. I.e smisa members, saints fans, all the local groups that the club/trust does or should work with/for. I have read your post, and I have questions - hence the post. What is it that Kibble are proposing is about to become illegal? Direct me to the draft legislation, please. A URL I think your biggest issue is not from the point where SMISA take control of the 51%, but during the transition period where there's no majority shareholder - is that correct? Link to comment Share on other sites More sharing options...
smcc Posted February 2, 2020 Report Share Posted February 2, 2020 8 minutes ago, Lord Pityme said: Wrong! Smisa.. the fans are putting up ALL the money! And... crucially could have BtB themselves! But then Scott would have been stuck with those shares again! Have any opinion you want, but ffs wake up and get real about exactly Who, needs/needed Who? If BTB goes through as originally envisaged the fans will eventually have put up all the money, but you still have not told me who was prepared to kick start the bid by putting up several hundred thousand pounds. The previous board was desperate to sell up and might well have sold out to some outsider/asset stripper without the intervention of Gordon Scott. Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 I have read your post, and I have questions - hence the post. What is it that Kibble are proposing is about to become illegal? Direct me to the draft legislation, please. A URL I think your biggest issue is not from the point where SMISA take control of the 51%, but during the transition period where there's no majority shareholder - is that correct? Really?Kibble can't buy the shares from smisa legally, unless the proceeds benefit the community.So they have to buy them from Scott. Hence why this is being pushed as all done, and such a great deal. Kibble want the club, and are prepared to pull this stunt to get in. Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 If BTB goes through as originally envisaged the fans will eventually have put up all the money, but you still have not told me who was prepared to kick start the bid by putting up several hundred thousand pounds. The previous board was desperate to sell up and might well have sold out to some outsider/asset stripper without the intervention of Gordon Scott.They would, and wanted to sell to smisa. And were prrepared to wait a bit for smisa to raise the down payment. There were social funding bodies prepared to lend and even grant smisa the money if it benefitted the community I.e. training/development opportunities, jobs etc...Guess who wasnt keen on that? Link to comment Share on other sites More sharing options...
Hendo Posted February 2, 2020 Report Share Posted February 2, 2020 21 minutes ago, Lord Pityme said: Read the post! Once/If..? Smisa take ownership of Scott's shares they are an asset of the community benefit society Smisa 1877. And cant be sold, unless the proceeds of that sale benefit the community. I.e smisa members, saints fans, all the local groups that the club/trust does or should work with/for. So, if they sell to Kibble, a charity who works with and supports young people in care, how is that not benefitting the community? Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 So, if they sell to Kibble, a charity who works with and supports young people in care, how is that not benefitting the community? Kibble's clients come from a over Scotland and England. It's not a community specific operation like say the local food bank. Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 If?The chairman needs to sell 27.5% of his shares now. Guess who could buy them? Link to comment Share on other sites More sharing options...
faraway saint Posted February 2, 2020 Report Share Posted February 2, 2020 23 minutes ago, Hendo said: So, if they sell to Kibble, a charity who works with and supports young people in care, how is that not benefitting the community? I hate to interject but how do they, the Kibble, help the LOCAL community? Link to comment Share on other sites More sharing options...
Tommy Posted February 2, 2020 Report Share Posted February 2, 2020 Would this thread even exist if S Gilmour has bought the clubs shares instead of GS, and entered into an agreement for the supporters to buy the club Link to comment Share on other sites More sharing options...
faraway saint Posted February 2, 2020 Report Share Posted February 2, 2020 Just now, cockles1987 said: 1, By giving jobs to the staff. 2, Rehabilitation of youths. There's a couple of examples. Point one, as I don't know the break down on employing local people I'll leave that to a side. Point two, these youths, and my daughter worked there for 3 months, are mainly from other areas, how is that helping the local community? I know you're falling over yourself to disprove EVERYTHING he says but there's many parts of his posts that are true and many that throw up interesting scenarios. Link to comment Share on other sites More sharing options...
Lord Pityme Posted February 2, 2020 Author Report Share Posted February 2, 2020 Just for clarity, I think Kibble provide a valuable service of opportunity, hope and rehabilitation of young people who otherwise may not have gotten a second chance.In rejecting this proposal none of that will change, indeed working in partnership by the fan owned Smfc and community trust we can build it bigger and brighter as partners! Link to comment Share on other sites More sharing options...
FTOF Posted February 2, 2020 Report Share Posted February 2, 2020 There's certainly one person on this thread teetering on the brink. Link to comment Share on other sites More sharing options...
Tommy Posted February 2, 2020 Report Share Posted February 2, 2020 9 minutes ago, FTOF said: There's certainly one person on this thread teetering on the brink. He remind me of the guy from Wales who was seen everyday by the BBC cameras outside parliament dress up in the European colours protesting against Brexit Link to comment Share on other sites More sharing options...
BuddieinEK Posted February 2, 2020 Report Share Posted February 2, 2020 Just for clarity, I think Kibble provide a valuable service of opportunity, hope and rehabilitation of young people who otherwise may not have gotten a second chance.In rejecting this proposal none of that will change, indeed working in partnership by the fan owned Smfc and community trust we can build it bigger and brighter as partners!But that doesn't fit the emotional blackmail of the pre-vote mental manipulation! Link to comment Share on other sites More sharing options...
portmahomack saint Posted February 2, 2020 Report Share Posted February 2, 2020 38 minutes ago, Tommy said: He remind me of the guy from Wales who was seen everyday by the BBC cameras outside parliament dress up in the European colours protesting against Brexit Too many people on here are far to quick to disregard everything he says, As The Boy Who Cried Wolf. One day that's going to bite you in the arse Link to comment Share on other sites More sharing options...
Sonny Posted February 2, 2020 Report Share Posted February 2, 2020 If all the arguments for and against were carried out in a non-emotional and professional way citing facts, figures and links to back up statements then maybe those undecided would have something to ponder. However like politicians there is a lot of shouting, emotional outburst and innuendo so floating voters are none the wiser. If people have genuine questions that they require elaboration on these should be put at the meeting and maybe confirmed in writing by the proposers before any deal is voted on. Guessing on here gets us nowhere. Link to comment Share on other sites More sharing options...
TediousTom Posted February 2, 2020 Report Share Posted February 2, 2020 51 minutes ago, portmahomack saint said: Too many people on here are far to quick to disregard everything he says, As The Boy Who Cried Wolf. One day that's going to bite you in the arse Agreed. A lot of baw baggery has occurred in this thread. I am nor a member nor a supporter of Smisa for this very reason. The halfwittery in this thread shows that Smisa could not possibly be fit for purpose with such a low calibre of member. Christ its like listening to Labour voters!!!!! The OP often posts self obsessed urine, however the opening post in this very thread appears to be well thought out, well constructed and entirely reasonable. As such it deserves debate. Kibble is a privately owned business and a privately owned business is not in this for the common good....for those stupid enough not to realise this then I plead with you to type no longer as your stupidity cheapens us all. Gordon Scott is an astute man, that why he can afford daft looking cars. Those who command the Kibble business probably drive daft cars as well. The only trustworthy men in daft cars are clowns and Popes and I dont trust them Popes. So to Smisa members I ask this of you. Take this seriously or f**k off. Your current child like behaviour is not worthy of our club oh and your wall is shite. Seriously what kind of adult spunks money on a list engraved on a wall that is not a war memorial? Wankers. The wall is a list of wankers. Link to comment Share on other sites More sharing options...
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