Disco Duck

OnlyFanDans

By the way, as of last night we’re safe from relegation to League 2. Baby steps.

Same for me. Was that the game Alan Kernaghan played in for us? Absolute Bombscare.

Accies can’t stop Falkirk winning the league. But Falkirk can.

Amen

Just back from a day out at the egg chasing. You fucking dancer.

Grass

I agree with this.

I can’t argue with any of your first or third para - and absolutely agree with the aims. And I’m glad that read that alternative mechanisms are being examined. I really don’t like the response of “doesn’t quite feel right” though! Anyway, I’ve made my point enough, I got repetitive about 14 posts ago.

1st point - good, then issue shares to FSS in return for their money if they won’t care. 2nd point - why? You’ve said that this is a bad idea a few times but never given a reason for it.

Anyway I’m off to bed. I prefer it when we have football to discuss.

This. And unless there is the threat of being diluted, they won’t put anything in. I like the loan idea. Interest could be rolled up.

In what way would it “not be good for the club”? It would be entirely neutral for the club. It would be a negative for the other shareholders who get diluted - but otherwise why would they put more money in, when those that have the least to give can plug the gap? As things stand there is no incentive for larger shareholders to put more money in - don’t worry, FSS will do it.

So if it doesn’t matter to the other shareholders, issue the shares. It is a limited company and basic financial sense applies. I joined for fan ownership of shares. If I just wanted to throw money to FFC I’d just buy 50/50 tickets.

It’s not obvious at all. It’s taking advantage of FSS members to the benefit of the other 75% shareholders. I would have thought it “obvious” that you put in money in a supporters shareholding scheme and actually get shares in return. Edit - and if it wasn’t communicated at the outset, the scheme has been missold - unless members are given a chance to vote on what happens post-receipt of the loan.

Yes, you issue more if you need to. Why not? Because it’s a bit of admin? Otherwise those that put in their money are doing so to increase the size of the balance sheet so gives something to the other 75% shareholders for nothing. “Hope”. Whilst you can actually do something sensible to stop FSS being taken advantage of. Has anyone stated how that 25% maintenance will work?

It may have been the plan, but was that communicated to the ordinary members?

I don’t recall the first half of that ever being communicated. The second half is remarkably trusting, bordering on naive. You wouldn’t run your own business like that BPM.

You don’t need to continually do it. Shares can be issued in a large tranche but not allocated, and you can then allocate them to FSS once a year. Or the other shareholders can be told they need to stand their corner every time FSS donate if they don’t want to be diluted.

Do you know for a fact whether those that don’t join FSS do so because of the cost, or because they can’t be arsed, or they assume someone else will do it? Or that everyone who has joined is rolling in cash? Even if that is demonstrably the case, it still remains factually true that FSS members are bearing a bigger burden. They do so voluntarily, and maybe because they can afford it or maybe not. But the fundamental point remains true.

So create them. It’s not difficult.

This goes to the point I’ve been making since we got the govt loan in. The FSS members are contributing, but getting nothing in return. It shouldn’t just be free money to the club, it should come with more shares.

Yeah that’s a reasonable shout.

It’s never going to be Palmerston. It’s a dump that would look crap on telly, and would just mean both sets of fans need to travel. If you’re coming from Oswestry you may as well keep going! it’ll be us or Livi

No, me too. We had a weak game against a better organised team, got what we deserved. Meh. Move on.