Jim McLean's Ghost
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Posts posted by Jim McLean's Ghost
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3 hours ago, Handsome_Devil said:
Correct. Though it should be said this wasn't part of a cunning plan, more a side perk of not asking the club to take money out of the immediate budget for repayment.
It's not how I think the reserves should have been used (it certainly wasn't the original intention) but clearly it's hard to press for the money back now.
In future if there was a move to remove the debt it would be simple enough to connvert it to equity.
The Well Society was always envisionned as being the majority shareholder and to hold some level of cash that could be used to tide the club over should we be short of cash.
it does seem like some legacy actors have stymied the Well Society having control at board level with seeming less than 50% of the board despite owning over 70% of the club.
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9 minutes ago, SteelyDosser said:
Any information release could breach financial trading laws, especially if those interested have other investments.
How this offer is kept under wraps while the WS decides could be a bit of an issue too
I don't think we are being bought be a publicly traded company.
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6 hours ago, StAndrew7 said:
I'm afraid that's going to happen, no matter who's in charge/the majority owner of the club. Fir Park is falling apart and we're going to continue to sink thousands into it to keep it going, when we should be selling the land and moving elsewhere.
I don't think that is true at all.
Alan Burrows would ot have spent £1m on levelling the pitch and alterations to the Hunter stand if he could not see a long term future at Fir Park.
At some point we will have to do something about the main stand but that does not necessarily involve moving from Fir Park.
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10 hours ago, well fan for life said:
Just because folk pay 10 quid a month doesn't mean they should immediately be informed of everything the club does. Not sure there's much merit in giving the details of a relatively complex financial arrangement that publicly names the interested party out to a load of people who have absolutely no idea how this stuff works.
For me the club have done the correct thing here. There's an interested party, the initial details have been deemed acceptable enough to fully explore so they are doing that before putting it out to the shareholders including the Well Society. All this coming off the back of the exploratory vote that said fans would consider outside investment.
It isn't about Well Society members being informed it is about fans as a whole being informed.
Buying a football club is a public proposition. And it comes with a profile. The club are putting out statements about movign forward with this then everyone should be coming out into the open.
You say it is a relatively complex financial agreement with absolutely no idea if it is or not. You are out here defending the position of the club by speculating what may or may nnot be happening. There are leaks you can think are right but it would be much easier for everyone if all the details were in the open. And as has been noted all the detail have to come out before anythig happens for the Well Society vote so it makes no sense to hold them back.
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10 hours ago, Vietnam91 said:
Look who it is on SOL saying it .....
It sounds rright to me.
Why are all these americans suddenly keen to invest in scottish football. It isn't to make monney, that is for sure.
Here is my main issue. Why is all this being handled with secrecy. We don't even know who these people are. We are supposed to be a commuity club and if there was a genuine offer that had proper benefits for the club and wider community they would be publicly saying so. instead it is being done in a clandestine manner with no information actually coming out.
instead people are relying on in the know sources to work out wtf is happening.
"US based family". The vagueness cannot be good. And the offer as leaked is derisory.
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Taking someone down from behind. No booking. Wasting a tiny bit of time of this snoozefest, instant yellow.
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Ref using a different rule book for a big game.
Arsenal should have a couple of bookings but since the ref has indicated he won't show a yellow Arsenal are flying into challenges.
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Very nice of Liam Kelly to step aside and let the ball go in the middle of the goal
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14 minutes ago, Jastons6 said:
I thought Gent played well. Everyone near me in the John Hunter could see how much space he had out wide , why couldn't his teammates or Kettlewell?
The switch to Gent was on every time we had the ball on the right at the back. He had half the park to himself and I think the ball only got played to him twice.
Definitely not concerning that our new striker couldn't get on the park today...
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Kettledraw does it again!
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Motherwell secretly control the BBC
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Just now, VincentGuerin said:
Didn't miss that at all, to be fair.
My point was more about the huge disparity about how clubs are treated despite seemingly being in the same league rather than just the scale of city's cheating.
#TheBig6 member Chelsea seems to also be immune to Financial Fair Play despite a lot of very dodgy shit happening at Stamford Bridge. So while the Premier League will go through Forest's books with a fine tooth comb they don't seem to be in a hurry to investigate what is going on at more prominent clubs.
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On 22/03/2024 at 08:44, VincentGuerin said:
Scratch the Sky Sports surface and English football at League level is becoming a joke.
The Premier League has two teams with a points deduction, possibly with one to be added to and another cut on appeal. There's a very good chance we'll finish the season not knowing who has been relegated. The champions of five of the last six seasons are under investigation and seem very likely to be guilty of cheating on a large scale. They have a club owned by out-and-out murderers. If that was our league, people would be losing their minds at the tin-pottery of it all.
Below that, the team top of the Championship have been charged with cheating, while the future of a whole load of clubs, most prominently Reading, is far from secure. Were it not for a play-off final win, Aston Villa would probably be Reading at this stage as well.
And next season we'll just see more of this, as the spending is far from under control and clubs are trying more and more imaginative (dishonest) ways of getting round the rules. Not to mention the likelihood of the Championship winners starting the season in the Premier League on minus points.
Absolute nonsense.
You missed out the current champions and most dominant side of the past few years are facing over 100 charges for cheating. And they seemingly won't be heard for at least another year.
So while the bottom of the league is full of tin pot deductions if you are at the top it seems you can do whatever you want.
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3 minutes ago, Melanius Mullarkey said:
You think Germany, Switzerland or Hungary will set up like this?
Maybe they will set up like Netherlands and we get spanked by 4
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Steve Clarke looking very BALD right now
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Just now, Burattino Di Calzini said:
I always find it weird that the Northern Ireland anthem is GSTK
They like to pretend the rest of the UK gives a shit about them.
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5 hours ago, Miguel Sanchez said:
Danny Ric should have been out of the sport by the time he left Renault. Absolutely remarkable what smiling a lot can get you in a notoriously ruthless and exacting sport.
F1 has never been about who is the best driver to get on the grid. It is who has the most money.
I've seen other reports that Perez will be back because he brings $30m worth of sponsorship money with him to Red Bull. Essentially paying all his salary and a bit more.
And where there isn't huge money there are other conflicts. Like when Piastri went to McLaren he drew the ire of Toto Wolff. In any other sport it would be strange for another team to talk how other teams are run, but behind the scenes Wolff is also on the "management team" of many drivers and probably was trying to get the McLaren seat for one of his own guys.
Teams have their own driver programs and want to sign the next Verstappen or Hamilton and the way to do that is show loyalty to the guys you have. So you see a guy like Logan Sargeant get a seat despite never actually showing himself to be in the truly elite level.
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George at least had the spatial awareness to know he was in the middle of the track.
Alonso definitely partially to blame. He was trying to check Russel before the apex. And George badly failed the brake test.
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13 minutes ago, Dav nan Gael said:
The 6 biggest club sides in Wales don't even play in Wales .....,if they did,TNS wouldn't get a look in.
(Cardiff/Swansea/Wrexham/Newport/Merthyr/Colwyn Bay).
TNS don't play in Wales either.
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Red Bull surely have to think about taking Sainz and binning Perez.
Whether Max would be happy with real competition in the team is another matter
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Someone get the George Russell quote out
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Michael Stewart about to overdose o Copium
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3 minutes ago, MazzyStar said:
Diagnosed at the exact same time as Chucky? Hmmm
Is radioactive Meghan to blame???
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I don't think there is too much wrong with Spittal to Hearts.
He has been up and down in his career and is probably in the form of his life so time to get the big contract.
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Dundee v Motherwell - 6th April
in Scottish Premiership General Chatter
Posted
Think it is only 3 feet now.
Handy to have a wee slope to drain the park tbh.