Disco Duck

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.

Was reflecting on TNS’ general play yesterday. I dont think they were fantastic going forward, but their positional sense was excellent. Just so difficult to play though. more to the point, I thought that was the best I’ve ever seen deal with the press when playing out from the back. They invited our front three onto the defence then the keeper would very precisely put the ball over the top of them, and onto the left side of our midfield (ie away from Henderson and towards Spencer and McCann) which they won every time. it depends on patience, accuracy of clearances, and of course is easier when we’re chasing a game. But it meant the front 3 did a lot of unproductive running and kept the pressure off their defence.

Just pish all round. Few players with pass marks. But it’s a diddy cup anyway.

I’m not at all confident about this one, and have already reconciled myself to more “concentrate on the league” chat!

Farid

Absolutely, it’s all so familiar

He didn’t win a header against Lang all day.

It’s the council’s fault

Is it 12-1 aggregate luck we’ve had against Alloa so far this season?

Here, that Dylan Tait is pretty handy. Is he one of the players you’re going to take from us?