LatapyBairn.
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Posts posted by LatapyBairn.
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https://www.falkirkherald.co.uk/sport/football/live-falkirk-fc-agm-3012042
The herald doing a live reporting of the AGM for anybody that wants to keep up with how it’s going in real time
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22 minutes ago, FTID1876 said:
They seem dead against it so I would suspect it’s their way to try and set the fans up for a fall. Will tune in tonight for the confirmed results.
How any “fan” could be against the investment from somebody with Rawlins pedigree and subsequent opening up of a share issue allowing fans to take a bigger stake in the club I’ve no idea. I’d love somebody to explain why this not happening would be in the best interests of the club?!
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10 minutes ago, Bantabairn said:
Like the majority of supporters at this crucial time, are you confirming that Rawlins investment has been passed or are you merely speculating?
I’m only speculating after another poster (Falkirk09Bairn) had commented that he’d heard the vote had just sneaked through.
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24 minutes ago, Bainsfordbairn said:
Spoke to him this morning. It's not a long term injury and he'll back much sooner than I think everyone feared. The manager might give out a timescale next time he does a press or FFCTV interview.
Brilliant news! You’ve just cheered me up a bit this morning, hopefully get some more good news tonight via the AGM.
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2 hours ago, Falkirk09Bairn said:
May well have scraped through by the sounds of it.
The resolution for the share issue and Rawlins investment passed passed? Fantastic news if true and a testament to all the small and minor shareholders making they're voice heard and voting! Our BOD should remember it was the fans votes that saved them here and pushed this resolution through saving them the embarrassment of it falling to pass, more fan involvement at ownership/management level is needed. This proves it, it should never have been so tight.
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21 minutes ago, Dawson Park Boy said:
Well, how is it that Lex is a director of FFC who is recommending the Resolutions per the Annual Accounts and Report and is still currently a Director as per Companies House a few days ago?
Not a lawyer but is that allowed?
I’m not up on company law either but Lex, DM and PH are definitely voting against the resolution to approve the share issue and Rawlins investment hence the problem the club/rest of the MSG now have in trying to get the vote to pass. The information I’ve been given (and I trust the source) is that they have done a deal privately with Gow who is indeed being backed by Lang, Thomson and another not previously connected which the club to sell they’re shares to him.
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The Gow / Lang / Thomson group is 100% factual, not a mere rumour. They want to buy shareholding from LM, DM and PH hence the reason why Miller and McIntyre have broken from the MSG to vote against the share issue and Rawlins investment.
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48 minutes ago, HopeStreetWalker said:
Falkirk Stadium / Who owns what ?
Phoned the Falkirk Community Stadium Ltd and asked the obvious 'Who owns what'
Community Stadium owns the the the internals of the Main stand above 1st floor. Offices, meeting rooms, hospitality facilities etc. Parking area.
FFC own the two wing stands. The seating in the main stand and pitch side forward.
Questions regarding who owns what in FFC is a question for them. That correctly is not a question for the community stadium.
So there it is folks ! That's that debate put to bed.
Very interesting !
Which leads to the question
How much are a few offices, meeting rooms and hospitality facility together with a car park on the outskirts of Falkirk worth ?
My answer to that - Not a lot !
So the club also own the ground story with the changing rooms aswell. This is always what I believed to be the case, the monoblock car park and the internal of the main stand out with the ground floor belong to the council. The pitch, main stand seats, north stand and ground floor belong to the club with SA owning the south stand. The club also own the land where any future developments of an east stand would be.
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Must have been tight for the club to release this
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14 minutes ago, roman_bairn said:
Just reading this from Gary Deans, “Finally, you may have seen recent press reports that we are involved in a “takeover fight”. I can confirm that we have had no proposals for investment from anyone other than Phil and Carrie Rawlins. A number of local business people have discussed investing in the club with us, but these discussions are at a very early stage. We very much welcome these discussions.”
If we believe this, is it not just the case that some of the board want to sell up and don’t want a share dilution rather than any truth in this Gow consortium, being the stumbling block?
I can’t see a hostile bid from within being the issue and Gary Deans doesn’t appear to be suggesting this either?…The Gow / Lang / Thomson consortium is real, I think what’s happened is a deal has been done privately between Gow, the 2 breakaway members of the MSG and Healy to buy those shares and the three shareholders want to pursue that as opposed to the share issue and Rawlins investment. Either way it would have to be ratified via an AGM/EGM so if the resolution is not approved on Thursday we have a stale mate, I’ve no idea what happens after that. I just hope there is some sort of plan B and Rawlins doesn’t decide to walk and look elsewhere.
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12 minutes ago, Rizzo said:
Just to be clear so I don't cock this up, I'm voting for the resolutions given I want the potential involvement and investment from Rawlins?
Completely forgot I was a (very small) shareholder and realised yesterday that my stuff had been going to my parents house. Can easily get my vote in before 7pm for all the good it might do.
Yes, vote FOR the resolutions and I’m sure the deadline was 6pm
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9 minutes ago, Shadwell Dog said:
I don't think we do at all.
Taken directly from the website
The Falkirk Community Stadium is operated and managed by Falkirk Community Stadium Ltd (FCSL), a wholly owned subsidiary of Falkirk Council.
We don't have any stake in fcsl but share ownership of the stadium with it.
Stadium
Falkirkfc. FCSL
We own the seats in the West stand, the pitch, the north stand and rent the fourth stand off SA. We also own the area where any east stand would be built. FCSL owns the rest.
This is an accurate breakdown of the stadium ownership I believe . Although I’m told the club also own the ground story including the changing rooms of the west stand.
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50 minutes ago, HopeStreetWalker said:
Looking at the Stadium company website and Company Check companies. The Stadium is fully owned by the Community Stadium Company. FFC have a stake in that company through the joint venture in building it.
The only thing FFC own at the stadium is the playing surface and as posted the stadium company owns the land it sits on.
The club own part of the west stand, all of the north stand and the pitch. The north stand was a separate development the club had to fund fully by itself after the stadium was already opened in order to meet promotion criteria when we won the league. The south stand is owned by Sandy Alexander who is the clubs largest shareholder.
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12 minutes ago, NewBornBairn said:
So voting against this is voting against a share issue for the fans?
Yes
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1 hour ago, Marshmallo said:
That happened already. Then the vast majority of people just ponied up their cash as usual. Nothing will happen while you've still got zoomers buying 13 50/50 tickets from Falkirk instead of watching the game on Montrose's stream.
The MSG view us as customers at best. Withdraw your custom and they will listen.
Sorry but the two members of the MSG and Paul Healy that are planning to vote against the resolution won’t give a monkeys if fans stop buying tickets. It doesn’t effect them in the slightest and only hurts the club in the short term, not them personally. Especially PH who lives in England and has nothing to do with the club other than own a few shares. Withdrawing season ticket money does not effect the vote at this AGM in any way what so ever. The best and only way to influence it and allow the Rawlins investment is by making sure all the smaller shareholders make there voices heard by getting they’re votes in hopefully compensating for the two MSG that are not backing the resolution. Bare in mind 4 of the 6 from the MSG support the Rawlins investment and will be voting in favour. The fans still own 30% of the club, it’s a chance if all the small shareholders vote together to actually make that number count.
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11 minutes ago, Shadwell Dog said:
I know we all received another letter regarding the vote etc but I'm still not sure that the majority of folk will understand what is actually going on here. There has been no mention by the bod of people wanting to vote against it or again rival bids. If I'm a shareholder who doesn't use social media then I doubt I'd see an urgency in voting as I probably wouldn't think that anyone would be thinking of blocking it.
Agree with this, a lot of minor shareholders will presume the 6 in the MSG will vote together as is the norm however knowing that two of them plus Paul Healy are planning to vote against the resolution changes everything. For it to pass votes from smaller shareholders are needed. I feel the club should have been canvassing and informing all shareholders over the past couple of weeks so they knew they’re vote mattered if they wanted this change and Rawlins investment.
We did get a letter from GD encouraging us to vote for the resolutions but the full back story was not explained, I think of it had been far more shareholders would have made the effort to vote in favour.1 -
So hypothetically let’s say the worst case pans out and the resolution doesn’t pass. What happens next?......Could we call an EGM and try to force the issue again perhaps with a few tweaks to the resolution or does Rawlins just take his money elsewhere and we remain with the status quo and same stagnant, disinterested leadership rotting away in the seaside leagues for ever more, could we turn into to an Airdrie or a Clyde? It’s a depressing thought!
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15 minutes ago, Andreas Kelevra said:
Ive looked at my other AGM letters for other companies , the proxy form says, I (insert full name) of (insert address and postcode) it makes sense now!
our one looks like a club official might have to fill in that part.
You’ll obviously need to fill out your name and address as well
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4 minutes ago, Andreas Kelevra said:
I haven’t been paying attention to all this, the way the season ended last year kind of scunnered me.
I have a proxy form, what do I fill in? Do I just sign and date it?
Presuming you approve of the share issue and the Rawlins investment put an x in the box’s and vote FOR the resolutions. You can take a picture and email it to the club or drop it off at the stadium before 5pm tomorrow.
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2 minutes ago, Chinatoon Bairn said:
Assuming there is no way for those without email to send their vote in? Old relative of mine has shares and I can assume he's not voted yet.
Can send by post or hand deliver to the club. Deadline has been extended to 5pm tomorow I’m told
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8 minutes ago, FFC 1876 said:
The fact the deadline has been pushed back and the club have made a statement encouraging all shareholders to vote shows how tight this is going to be. We're going to be left disappointed by the MSG again aren't we. Time after time we get told that the MSG want change as well yet their actions completely differ from that stance. Shafting the fans left right and centre as always.
In fairness it’s only two out of the six MSG that are said to be obstructing this investment, the other four are all voting in favour of the resolution.. Hopefully the minor shareholders can rally and make up the votes needed to compensate
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9 minutes ago, Shadwell Dog said:
But I've got to vote now though. It's too late by then.
I’m not necessarily disagreeing with you but It’s never to late to air your grievances if you don’t like the process. If the resolution fails which is likely and there is an EGM in the following months you cant credibly complain if the same thing happens again and you haven’t bothered to even ask why. Personally I do feel I have enough information to know I’d like the Rawlins investment to be accepted but that only my opinion, if you feel otherwise you need to put it down in the form of a question or statement to be read at the AGM.
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3 minutes ago, Shadwell Dog said:
There should be a platform to ask questions of all parties and then the vote should have been held. It's crazy if it's this important having it vote and then have your questions answered later.
Then put your grievances down in writing and submit to be aired at the AGM!
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7 minutes ago, Falkirk09Bairn said:
I honestly think we as a fan base are happy to flash our knickers and anyone who pays us a tiny bit of attention. Voting for something that you have absolutely no real details about is moronic. That literally isn’t up for debate. You wouldn’t vote in the GE without reading a manifesto ffs.Exactly what is it you would like to know that isn’t out there in public domain or provided to shareholders through club communications already? Presumably your a shareholder and intend to vote against the resolution to accept the Rawlins investment?
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The Falkirk FC Thread
in Scottish League 1 General Chatter
Posted
Huge well done to all the minor shareholders that made the difference. Resolutions for the share issue and Rawlins investment passed just by 0.14%. The fans made the difference, let’s hope the club remember that!
