pod Posted June 1, 2023 Report Share Posted June 1, 2023 31 minutes ago, Cookie Monster said: 54 minutes ago, pod said: Where did the Kibble pick up their share of the club from. Indirectly SMISA. Was that in agreement with majority fan ownership. Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 1, 2023 Report Share Posted June 1, 2023 8 hours ago, Warrior Saint said: 🤣🤣🤣absolute liar... Incorrect. you only said I could answer yes or no, for a question that clearly demands more background. (As is often the case with the yes or no argument style) St Mirren are a fan owned club, the fan group own the football club. Having other shareholders doesn’t change that. It’s like saying Elon Musk doesn’t own Space X because they have other shareholders. Its pedantic, petty & sour grapes. Fan ownership delivered 😀 Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 1, 2023 Report Share Posted June 1, 2023 3 hours ago, pod said: Where did the Kibble pick up their share of the club from. A members vote on changing the buyout structure, that passed with a huge voting majority. Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 1, 2023 Report Share Posted June 1, 2023 3 hours ago, beyond our ken said: the club was supposedly all but 100% fan owned when he actually JOINED the board for the first time. Some people who were not fans inherited shares they decided to keep for family reasons, I know several people in that position. SMISA bought their shares from the previous major shareholders, etc, as well as the piecemeal collection of shares over the years. I sold my Honda last year, does that mean I delivered transportation for the masses or did i simply sell a Honda? I really don’t get your analogy here. I personally think there is a difference between delivering fan ownership in the way of a fan group & our previous ownership structures which happened to have St Mirren fans on our board/ chairman. If you don’t see/ understand the difference, fine. Quote Link to comment Share on other sites More sharing options...
antrin Posted June 1, 2023 Report Share Posted June 1, 2023 (edited) 5 minutes ago, bazil85 said: It’s pedantic, petty & sour grapes. 😇 Edited June 1, 2023 by antrin Quote Link to comment Share on other sites More sharing options...
Cookie Monster Posted June 1, 2023 Report Share Posted June 1, 2023 Does Kibble own 30% of shares? Clearly a part owned club...u r a halfwit...No. [emoji16] Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 1, 2023 Report Share Posted June 1, 2023 1 hour ago, Warrior Saint said: Does Kibble own 30% of shares? Clearly a part owned club...u r a halfwit... We are a fan owned club Quote Link to comment Share on other sites More sharing options...
Sue Denim Posted June 2, 2023 Report Share Posted June 2, 2023 22 hours ago, bazil85 said: We are a fan owned club As we’ve always been since becoming a Limited company Quote Link to comment Share on other sites More sharing options...
pod Posted June 2, 2023 Report Share Posted June 2, 2023 59 minutes ago, Sue Denim said: As we’ve always been since becoming a Limited company Limited to 70% Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 2, 2023 Report Share Posted June 2, 2023 2 hours ago, Sue Denim said: As we’ve always been since becoming a Limited company If anyone doesn’t understand the difference between the fan ownership model we achieved & previous ownership models, fine. Quote Link to comment Share on other sites More sharing options...
elvis Posted June 2, 2023 Report Share Posted June 2, 2023 5 hours ago, pod said: Limited to 70% 73% Quote Link to comment Share on other sites More sharing options...
Sue Denim Posted June 3, 2023 Report Share Posted June 3, 2023 (edited) 13 hours ago, bazil85 said: If anyone doesn’t understand the difference between the fan ownership model we achieved & previous ownership models, fine. The model is and always been a private limited company owned by shareholders Previously those shares were directly owned by fans of the club. What is different now is that a huge chunk of the shareholders are an unconnected third party organisation while the majority is owned by a private supporters organisation of which you need to be a member. Here to help 👍 Edited June 3, 2023 by Sue Denim Quote Link to comment Share on other sites More sharing options...
BuddieinEK Posted June 3, 2023 Report Share Posted June 3, 2023 7 hours ago, Sue Denim said: The model is and always been a private limited company owned by shareholders Previously those shares were directly owned by fans of the club. What is different now is that a huge chunk of the shareholders are an unconnected third party organisation while the majority is owned by a private supporters organisation of which you need to be a member. Here to help 👍 True... but prepare for incoming as the truth offends those who will not see, believe, or even consider the facts. Majority fan owned. Quote Link to comment Share on other sites More sharing options...
Albanian Buddy Posted June 3, 2023 Report Share Posted June 3, 2023 16 hours ago, elvis said: 73% It works out at 72.5% as Kibble purchased 27.5%. Although there are likely going to be some non St Mirren supporting individuals within the “minority” group of shareholders that comprise the remaining 21.5% outside the SMiSA 51% majority. I’m not sure what to do with my shares in event of my death as there is no one left to pass them onto. Quote Link to comment Share on other sites More sharing options...
Slarti Posted June 3, 2023 Report Share Posted June 3, 2023 It works out at 72.5% as Kibble purchased 27.5%. Although there are likely going to be some non St Mirren supporting individuals within the “minority” group of shareholders that comprise the remaining 21.5% outside the SMiSA 51% majority. I’m not sure what to do with my shares in event of my death as there is no one left to pass them onto. You could leave them to Kibble. Quote Link to comment Share on other sites More sharing options...
Tommy Posted June 3, 2023 Report Share Posted June 3, 2023 31 minutes ago, Slarti said: You could leave them to Kibble. Or faraway 😄 Quote Link to comment Share on other sites More sharing options...
Albanian Buddy Posted June 3, 2023 Report Share Posted June 3, 2023 36 minutes ago, Slarti said: You could leave them to Kibble. Bazil? Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 3, 2023 Report Share Posted June 3, 2023 9 hours ago, Sue Denim said: The model is and always been a private limited company owned by shareholders Previously those shares were directly owned by fans of the club. What is different now is that a huge chunk of the shareholders are an unconnected third party organisation while the majority is owned by a private supporters organisation of which you need to be a member. Here to help 👍 Oh I knew the difference. You were the one that didn’t seem to understand & what’s actually being talked about, when we say, we are now ‘fan owned’ Seems you’ve educated yourself on what’s ‘different now’ 👍 Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 3, 2023 Report Share Posted June 3, 2023 1 minute ago, Albanian Buddy said: Bazil? I’d absolutely buy any shares someone was willing to sell. 👍 Quote Link to comment Share on other sites More sharing options...
Albanian Buddy Posted June 3, 2023 Report Share Posted June 3, 2023 Just now, bazil85 said: I’d absolutely buy any shares someone was willing to sell. 👍 Send me an offer by PM. Quote Link to comment Share on other sites More sharing options...
Sue Denim Posted June 3, 2023 Report Share Posted June 3, 2023 (edited) 11 minutes ago, bazil85 said: Oh I knew the difference. You were the one that didn’t seem to understand & what’s actually being talked about, when we say, we are now ‘fan owned’ Seems you’ve educated yourself on what’s ‘different now’ 👍 We’ve always been fan owned since we were incorporated, as I said in my first post. Glad to see you agree despite the mainly irrelevant and contradictory reply 😆 Edited June 3, 2023 by Sue Denim Quote Link to comment Share on other sites More sharing options...
bazil85 Posted June 3, 2023 Report Share Posted June 3, 2023 8 minutes ago, Albanian Buddy said: Send me an offer by PM. Ball park? Quote Link to comment Share on other sites More sharing options...
Sue Denim Posted June 3, 2023 Report Share Posted June 3, 2023 The thing is, when Gilmour and co took over, they had at least 2 rights share issues where they encouraged the fans to buy the shares instead of them. The fans largely ignored it and hence Gilmour and co were landed with majority ownership Quote Link to comment Share on other sites More sharing options...
Albanian Buddy Posted June 3, 2023 Report Share Posted June 3, 2023 17 minutes ago, Sue Denim said: The thing is, when Gilmour and co took over, they had at least 2 rights share issues where they encouraged the fans to buy the shares instead of them. The fans largely ignored it and hence Gilmour and co were landed with majority ownership That’s how I acquired my shares. I believe others (possibly yourself and your brother) inherited and subsequently sold their shares…… nice work. Well done! 😂 Quote Link to comment Share on other sites More sharing options...
alwaystrue Posted June 4, 2023 Report Share Posted June 4, 2023 Not wanting to start a bidding war with Bazil, but I would be interested in buying more shares as well 👍 Quote Link to comment Share on other sites More sharing options...
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