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sirscottyoung

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Posts posted by sirscottyoung

  1. Harsh on Gallagher Lennon. He got absolutely bodied and wasn't up to a physical battle at all but made a couple of really good blocks and made an even better last ditch tackle. 

    100% needs to bulk up or he will never make it as he got thrown about so much today in that aspect 

  2. On 28/02/2024 at 12:15, EdinburghBlue said:

    I’m increasingly wondering whether the “next to go” will be decided by liquidation/administration, rather than on the playing field. We are now in the reporting season for many clubs. Recently published accounts from East Fife and Peterhead make very interesting reading. In both cases auditors have raised concerns about “material uncertainty related to growing concern.”

    Peterhead lost £297k in the financial year to 31 May 2023. Net liabilities are £329k, meaning that the company is technically insolvent. Net current liabilities – sums that the club might have to find in the next 12 months – are £674k. And in the company’s lifetime it has total losses of £1650k i.e. the amount it has been subsidised by shareholders injecting capital. And there’s an individual note in the accounts that the club owes £275k to a former director, with no agreement in place on possible repayment, and a statement that “it is acknowledged that any request for repayment in demand would create significant cash flow difficulties for the football club and… Suitable repayment terms would have to be agreed… or fresh funding sought.”

    East Fife only lost £53k in the same financial year, a big improvement on the £189k loss in 2022. In contrast to Peterhead the club isn’t technically insolvent, but that is only because of the value of its land/property. It owes about £270k, with some of that on the basis of a guarantee that it won’t be called in the next 18 months. This is another company that has burned through shareholders’ investments, with total losses of around £500k over the years.

    In the 2022 financial year the average loss for the 17 SPFL 1/2 clubs whose accounts are available from Companies House was £113k. It rises to £155k if you include the two relegated clubs and the new arrivals from the Lowland League.

    More updates as more accounts become available.

    Just a wee FYI on east fife. 

     

    The shareholders don't put money into the club especially not to the tune of £500k as per post.

    The money owed is for the clubs share in fixing the local sea walls/ docks around the stadium. As far as I can read into it, it's owed to a group of local businessmen and is unlikely to be recalled if at all from them. 

    Others will know alot more than me on this case but it's not that we have had a pot of money that's been burned through at the club.

     

  3. 10 hours ago, ForfarLoon84 said:

    I see the supporters bus has been cancelled for East Fife on Saturday, doesn't surprise me in the slightest to be honest.

    The feeling among our support seems to be very, very low just now.

    I promised myself I wasn't going to another away game this season until things changed, with tonights game being such a big one i'm a bit dissapointed i'm not going to be there, but I just can't justify shelling out hard earned money to watch what we are currently being served up.

    Hope the boys prove me wrong and bring the much needed 3 points back up the road.

    Get it re organised 👀

  4. 47 minutes ago, FifeSons said:

    This is the worst it’s been since the end of the McCabe era. If anything this feels even worse, despite us being in a better league position than then. Doesn’t feel like there’s any hope or light at the end of the tunnel, and just loads of nastiness and unpleasantness around the club right now, with the Chairman and owners. You also didn’t have relegation from L2 back then. Something that feels like an approaching inevitability.

    To be completely fair yous are 4th. Only double the points (18) ahead of the team in the relegation spot.

  5. 8 hours ago, Bullyweeno1 said:

    Guessed it was this guy when you said one of the back room staff giving Churchillian signal to your fans

    Embarrassed by the guy and he should be relieved of his duties with immediate effect

    He did the same v East Fife in the play offs. Absolute weirdo behaviour 

  6. 8 hours ago, Skyline Drifter said:

    It was rounded. We actually sold 172 this year at £425. I never suggested Annan get those sort of numbers, they don't. They sold tickets for the back of the shirt draw at £250 and apparently sold 63 tickets according to this link https://www.annanathleticfc.com/2023-24-shirt-draw-winners/ That gets them over £15,000 though. Their front of shirt sponsors have been the same for years, an Annan based engineering company.

    It's not quite as pure profit as it sounds. All entrants for ours get a corporate season ticket with it so there is a "cost" there. Probably about half of them are bought by people who are regular attendees at games so they are only in effect paying a £140 premium to get in the shirt draw since they'd buy a season ticket anyway.

    Obviously it takes a lot of work and a driven salesperson to get up to those kind of numbers. Probably without even really trying you could get to 50 though. Annan aren't supporting any bigger crowds than Dumbarton are. I think theirs includes a season ticket too, it certainly used to. My employers take two in the QoS draw and one in the Annan one.

    Ah sorry I thought you meant annan. That's actually a class idea with the corporate ST included in it as makes it even more of a no brainer for these companies to buy a couple tickets and pass the ST round the staff

  7. 22 minutes ago, Skyline Drifter said:

     

     

    It is allowed to have different home and away sponsors. Several clubs have done it. I think Montrose are doing it this season (we've got the same main sponsor but the sleeve sponsor is different on home and away shirts).

    The raffle idea is far from daft. I think we were the first to do it and we've been doing it for nearly 25 years now. Annan do it for their back of the shirt sponsor for the last few years. We started at £250 per entrant in the late 90s and got around 60 entries and now charge £425 per entry and get about 160.

    At the end of the day, if there's no serious prospect of getting anyone to pay several thousand for it imminently it's surely easier to get say £250 - £300 each from 50 businesses? At that level you can maybe capture small traders who wouldn't normally be able to partake. Or you do what @BallochSonsFan suggested and throw it in as a raffle bonus for some other opportunity and charge a premium for it.

    I would love to know if your numbers are bang on and correct. 

    160 entrants paying £425 each sounds an awful lot for a quiet (ish) area of Scotland. 

    £68,000 a season is an unbelievable amount of money into the club for jersey sponsorships and would put annan up with the bigger teams in terms of shirt sponsorship revenue. 

  8. 7 hours ago, squeezebox-son said:

    I wonder if they could split it (if it is even allowed) to have a home & away sponsor. I have no idea how how much we look for, for this kind of thing, but perhaps offering one shirt for half the price would be of more interest. As with most things, surely something is better than nothing. I reckon the home top looks classy and the away one clearly lacks a sponsor in their current, blank, form.

    I think it would be amazing if there was enough interest from fans etc to raffle it off or that but I just can't see if working. I'd definitely be willing to buy a ticket or two for my own (small) business but I'm not sure we would be able to raise anywhere near enough money doing things this way to cover the expected amount.

    At East fife we have 3. 

     

    Home is BW Technologies

    Away is Taxi Centre

    Third is Macon Resources.

     

    I'd say it probably gets your more as three companies be happy splitting each cost. Rather than getting one to lump on them all.

  9. 46 minutes ago, The Moonster said:

    I'm not sure what you mean. If someone refers a company who takes out a sponsorship package worth £1,000 they get £50 shop voucher, if they refer someone who invests more than £1,000 they get cash. Fans aren't selling directly, they're just showing someone the front door of the club.

    AHH alrighty I took it that they were acting as selling agents and coming to the club with " BP are paying £300 for the front of shirt sponsorship" etc 

  10. 27 minutes ago, Harry Hood Fan Club said:

    I had heard that there was a boo boo with his contract extension which meant he would have been a free agent in the summer. Everyone was under the impression he had that year to go.  Not so sure RR would have pressed ahead had they known he’d be free in the summer.

    Quite strong rumours of how it was hushed up so the transfer with original fee proceeded.

     

    If Raith still paid the fee did money get lost then?

  11. 25 minutes ago, The Moonster said:

    We've raffled off other sponsorship and I dont think there's enough interest to make up the money we need for a shirt sponsor. The board are now operating a referral scheme in which fans can get commission if they refer a sponsor. I've never seen us do that before. 

    Wow that is fairly niche. Not sure how likely it is to work as if fans actually went out to sell it (I doubt most will as most just like turning up and watching) but unless given strict instructions of prices this could be all over the shop and being pitched at different rates to the same companies based on how much they think clubs make off them. Better doing that with advertising boards where it's a fixed fee with no negotiable factors. 

  12. 8 hours ago, The Moonster said:

    That was by design, from what I've heard we tried for a sponsor this year but so far we don't have one.

    Not that I particularly want to help in any way 😂😂 

    But do a raffle for it? Get fans to drum up business to local companies, we used to do it and make a whack on it. Fortunately now we have sponsors looking for long term deals so aren't having to do it. 

    Also I'll start bidding off if not doing that and offer £50 for the front of shirt sponsorship and if I win I'll gift it to the "East Fife Community Club" 😂😂

  13. 11 hours ago, Harry Hood Fan Club said:

    We’re completely screwed and on a fast track to Lowland League.

    I detest the Board and the contempt with which they treat the support. 
    I hate the way the CIC is flawed and “ownership” is a con.

    ”Your Club be a part of it”

    ”Help make important decisions”…… laughable.

    I hate the fact that Duffy is still the manager and they have tried to con us into thinking he’s not. 
    I feel sorry for Brian McLean as he’s been set up to carry the can when he’s most likely had no say in who has signed and no say on tactics or team selection.

    I’m embarrassed that we had only 2 outfield players available on the bench in a league cup match and so early in the season.

    I’m still fuming we lost the chance to win the title in the promotion year due to an admin error.

    I’m interested in the rumours re another admin error in relation to the Goodwillie transfer to Raith which cost the club a lot of money.

    I’m pissed off we can’t organise a home kit and it’s being sold as a return to the glory days- it’s not an anniversary of anything which is when these things tend to happen- just another cover up.

    I’m annoyed we now train on Mondays and Wednesdays and on a different surface than we play our home games on.

     

    Is that enough to let you know you are not alone out there?

     

     

     

    What's the admin error for the DG transfer? 

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