thenolly

I’m assuming you’re part of the cumbernauld cartel

Was there with Craigy the other “secret” member of the cartel that pretends to be fan ownership I saw.

Why would 2 members of the club board ask the chief executive to contact an agent who’s also a fan to work another fan who’s a good friend of the chair to set up this group of fans who no one knows to take the shares on behalf of the fans they have never communicated with? Why have 2 of the group kept hidden? How many of the 6 (or is it 8?) have business dealings with the club prior to this and stand to gain from their compliance and selling out the rest of the fan base?

She won’t leave, has no intention of giving up control or allowing anything close to a fan ownership model that actually allows fans to control the club. In her minds eye, this is her club and we are lucky to have her. Watch her over next 10 days carve up the pretense of fan ownership to install herself as lifetime President, Chair and Supreme Leader of the club.

Ah the Partick Thistle Trust. A fans organization that holds no elections, has no way of contacting and it’s board members were hand picked by Jacqui Low. Welcome to the dictatorship

The club as we know it is at one of its most dangerous times yet. We are no longer run by a board, we are dictated to by Jacqui Low. That same person has put none of her own cash either into the club, she now controls or the owning company that she now controls. Whilst under her watch, not only have our own finances nosedived, but so has that of 3BC and a look at her own PR company Indigo has increasingly negative assets. Yet she’s positioned herself into supreme power. She spins the handover of assets as a good thing, it was due to happen 28 months ago, and either 3BC or the club needs to find the tax to pay on it. Remember that when Propco was bought out by 3BC, the club as a stakeholder never received its cut. She has surrounded herself with nodding dogs who don’t question, don’t challenge, and our so called “Fans Reps” on the board Alan Caldwell, John Penman and Andrew Byron should take a long hard look at themselves in the mirror, are they really fans looking out for the club for us or her playthings? It’s time to choose a side. She is terrified of exposing the finances to due diligence and has taken todays stance because she’s been pressed, but it’s all coming out. Jacqui you may think you’ve won the war, but you’ve not even come close to winning this individual battle, you’ve successfully created a growing collective that first and foremost wants you out, your disregard for the support was growing evident but your timing of the announcement 6 days before our biggest game of the season shows your disrespect for McCall and the full team. You could have been remembered as the person who fulfilled Weirs wishes and helped hand over the keys, history will no longer be that kind you will be remembered the same way Master Bates was and respected to the same level. Your time is up. Go now

If there are no skeletons in the closet you’d open the door 3BC to allow the foundation to peek inside under due diligence. Looks like there’s more skeletons than Fred Wests extension. Tick Tock PTFC Chair, your time is running out and your about to be exposed

Beware the ides of March as was once stated. Expect some spin next week, but the foundation is as stable as the clubs finances (which is the enormous mammoth in the room that should not be discussed).

Fan ownership (or this carnation) will collapse over next 10 days. More to come (much more).

On club accounts

It seems we may not be breaking even but have been relying on a £500k transfer/loan to do so

The strange thing is the assets have dropped nearly 20% Either thats a drastic depreciation or some have been used as equity

Not to my knowledge

I see 3 Black Cats accounts are out, I’m no accountant but is the statement on last page a £500k loan to the club?

We were in a relegation position so I’m sick of us playing the victim card, if it had been called if we were a point at the top would we claim an unfair promotion?? Whilst its great we turned a profit that is only due to money left from Colin Weir being made available. That’s not how a sustainable club needs to be run

As does Duncan Smillie

Will leave him more time to do Celtic podcasts

Shares and the ground (which was due 15 months ago).

Rumor is it’s Paul Paton

She was on the board (and apparently calling shots on behalf of Weir) the season we came down from Premiership, she was responsible for appointing Caldwell, keeping him after avoiding relegation by 1 game even though remit was promotion, responsible for announcing McParland park then reneging, responsible for keeping the playing budget effectively the same from Premiership till now and effectively wiping out our cash reserves, responsible for driving the biggest wedge through our fan base since the club was founded, responsible for total spin and shocking statements, she and she alone responsible for effectively the greatest shambles our club has known.

Looking at our accounts we should have went part time end of last season or significantly cut our spending

Absolutely spot on. We still man and run the club like we are in premiership. Manager with 2 assistants, 2 coaches, a full time squad, an academy, and a women’s team. We barely cut wages over last 3 seasons compared to how we are. Our turnover dropped from 18/19 to 19/20 from £3 million to £2.6 million yet our expenses increased from £2.9 million to £3 million in same period. Even with the £225k handout from 3BC we still lost over £100k, that was with 2 months of COVID and missing 5 home games whilst bottom of league, god knows how our balance sheet will look next May

Did you see our accounts till last May? Is 3BC hadn’t put in £250k we would have nearly ran out of cash, and that was for 2 months of COVID. We had no games till October and reduced income from then, yet still full time with 3 on a management team and various coaches, etc. We still act like a Premiership team 2 leagues down

You also need to rotate a valve. It does though need several days to defrost a solid park

The problem at the club is deep rooted and extends further than the manager. The decline over last 3 1/2 years over multiple management teams with decent budgets shows the issue comes from the top. We’ve had various explayers treated poorly (Martin Keown talking about how his son was badly treated is the latest), Kenny Miller stated it’s the most amateurish club he had ever been at. Our issues begin and end at the top, and that’s Britton and Low