Dawson Park Boy Posted August 19, 2022 Share Posted August 19, 2022 7 minutes ago, Brockvillenomore said: All the calculations here include the VAT, so are already 20% out. Plus none of us know the mix within the ST numbers and youngsters who are in the total but go free. As for the cash shortfall this has been declared for 3 or 4 months. In announcements and the fan meeting in May. Or possibly June, cba checking. The plans to make it up were also set out. Any update as to how the plans are progressing and whether the losses are being narrowed and by how much? 0 Quote Link to comment Share on other sites More sharing options...
LatapyBairn. Posted August 19, 2022 Share Posted August 19, 2022 (edited) 8 minutes ago, Dawson Park Boy said: Any update as to how the plans are progressing and whether the losses are being narrowed and by how much? I’m pretty sure that update would and should be given at the AGM, can’t expect the club the be giving a blow by blow account on a daily basis. I’d imagine a dent has already been made in the 400k overspend after progression in the cup and a couple of new sponsorship deals announced, it’s obviously a calculated risk in order to help give the manager a healthy playing budget and gain promotion. For what it’s worth I agree with the strategy provided there is both a targeted plan in place to cover/reduce the shortfall and/or there are people in the background prepared to cover a loss should it occur. Edited August 19, 2022 by LatapyBairn. 0 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted August 19, 2022 Share Posted August 19, 2022 13 minutes ago, LatapyBairn. said: I’m pretty sure that update would and should be given at the AGM, can’t expect the club the be giving a blow by blow account on a daily basis. I’d imagine a dent has already been made in the 400k overspend after progression in the cup and a couple of new sponsorship deals announced, it’s obviously a calculated risk in order to help give the manager a healthy playing budget and gain promotion. For what it’s worth I agree with the strategy provided there is both a targeted plan in place to cover/reduce the shortfall and/or there are people in the background prepared to cover a loss should it occur. Fair enough. The AGM will be the place to advise on progress. 1 Quote Link to comment Share on other sites More sharing options...
ShaggerG Posted August 19, 2022 Share Posted August 19, 2022 1 hour ago, Dawson Park Boy said: As people have worked out earlier by ‘back of the envelope calculations’ Just re-read the FSS statement and it’s very, very worrying. They admit they need to cover the projected losses of around £400k but don’t say how? Where is the new investment coming from? Patrons- ??, FSS- not showing a lot of progress, BfL-forced out losing 150 subscribers paying £10 per month- will they join FSS?, new investors?, the MSG? Maybe there’s a big plan, who knows, but with a director already resigned and no Chairman, I find the statement that fans need not worry a bit over optimistic, to put it mildly. Anyway, time will tell. 'Force out' in what way? 0 Quote Link to comment Share on other sites More sharing options...
Guest Posted August 19, 2022 Share Posted August 19, 2022 (edited) 2 hours ago, Proudtobeabairn said: If 800 of those 2300 are free kids tickets though then 1500 STs at £200 = £300,000 which is 15% of £2m My guesstimate is based on my knowledge of approximate average prices from the past. The demographic may have changed of course as you point out OR the club are expecting increased revenue from elsewhere and we will do much more than £2m Edited August 19, 2022 by Back Post Misses 0 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted August 19, 2022 Share Posted August 19, 2022 1 hour ago, ShaggerG said: 'Force out' in what way? The Chairman received a very ‘ unfriendly and unhelpful’ communication from the Board which made him decide to call it a day. Anyway, it’s over. I have increased my sub to FSS to compensate and I hope others will. 0 Quote Link to comment Share on other sites More sharing options...
Guest Brockvillenomore Posted August 19, 2022 Share Posted August 19, 2022 2 hours ago, Dawson Park Boy said: Any update as to how the plans are progressing and whether the losses are being narrowed and by how much? No idea. Hey, you claim you know the club is running out of money in a few months so I expect you’re in a better position to tell me. 0 Quote Link to comment Share on other sites More sharing options...
Guest Brockvillenomore Posted August 19, 2022 Share Posted August 19, 2022 28 minutes ago, Dawson Park Boy said: The Chairman received a very ‘ unfriendly and unhelpful’ communication from the Board which made him decide to call it a day. Anyway, it’s over. I have increased my sub to FSS to compensate and I hope others will. BFL was sold to me as a members organisation. If DL decided to “call it a day” the organisation goes on, or am I being dim here? DL being cheesed off with an email from the board is not a proper reason to close a members organisation, without notice or consultation. Major decisions like this must be agreed with the members. Surely FWIW I was a member and only found out third hand as I’m not on FB, which was a bit disappointing. Good for you increasing your FSS contributions. I might do that myself. 0 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted August 19, 2022 Share Posted August 19, 2022 16 minutes ago, Brockvillenomore said: No idea. Hey, you claim you know the club is running out of money in a few months so I expect you’re in a better position to tell me. I don’t know. I just heard what all fans heard at the double meeting at TFS earlier in the year and what I heard wasn’t all that reassuring. As was stated earlier all will be revealed at the AGM which is usually, I think, around November. 0 Quote Link to comment Share on other sites More sharing options...
HopeStreetWalker Posted August 19, 2022 Share Posted August 19, 2022 3 hours ago, Shodwall cat said: Plans seemed to be stretching the income received from hospitality and sponsorship. Will take a lot to cover at minimum 400k though especially in the current climate. I suppose we'll find out how that's going at the AGM. Better to make any financial projections on the cautious side of things. As well intended and motivated as the fans are once these new power charges come effective many will have no choice but to cut back on going to games and other financial contributions to the club. I have a genuine fear that some clubs may well fold this season. Not good. 0 Quote Link to comment Share on other sites More sharing options...
brokeville Posted August 19, 2022 Share Posted August 19, 2022 Key player out for tomorrow according to JM 0 Quote Link to comment Share on other sites More sharing options...
gav-ffc Posted August 19, 2022 Share Posted August 19, 2022 9 minutes ago, brokeville said: Key player out for tomorrow according to JM Those pesky grass training pitches to blame imo. 0 Quote Link to comment Share on other sites More sharing options...
Grangemouth Bairn Posted August 19, 2022 Share Posted August 19, 2022 20 minutes ago, brokeville said: Key player out for tomorrow according to JM How many do we have on the injury list for tomorrow ? 0 Quote Link to comment Share on other sites More sharing options...
Nkomo-A-Gogo Posted August 19, 2022 Share Posted August 19, 2022 See Falkirk TV are saying now the game will be broadcast. Could be patchy though. 0 Quote Link to comment Share on other sites More sharing options...
ebobsboy Posted August 19, 2022 Share Posted August 19, 2022 1 hour ago, brokeville said: Key player out for tomorrow according to JM Hopefully Nesbitt or Hetherington.. even though they'll never be key players. Just hope it's not McGinn. 0 Quote Link to comment Share on other sites More sharing options...
champions Posted August 19, 2022 Share Posted August 19, 2022 7 hours ago, LatapyBairn. said: Your not factoring in progression in the league cup or the additional sponsorship that’s been brought in. These were incomes that were not budgeted for so will help close the gap, any sort of cup run or further new investment brought in will obviously also help close the gap. They new BOD have obviously taken a bit of a calculated risk to try and support the manager with a healthy playing budget, I can get on board with that provided there is a plan B. The club has been running a deficit in a majority of the previous years and the over spend is always covered one way or another. We gained an extra £26k (£50k less £24k minimum) for the cup, I doubt the new sponsorship deals will be earth shattering in terms of money. So we're possibly looking at a £350k + shortfall based on available information. Worrying times. 0 Quote Link to comment Share on other sites More sharing options...
ebobsboy Posted August 19, 2022 Share Posted August 19, 2022 1 hour ago, Grangemouth Bairn said: How many do we have on the injury list for tomorrow ? Henderson, PJ, McKay, Watson, Kennedy, Malcolm plus this "key" player. Ross and Burrell back 1 Quote Link to comment Share on other sites More sharing options...
Russ Posted August 19, 2022 Share Posted August 19, 2022 If it’s Coll Donaldson or Sean Mackie we’re fucked. 0 Quote Link to comment Share on other sites More sharing options...
Bairnardo Posted August 19, 2022 Share Posted August 19, 2022 If it’s Coll Donaldson or Sean Mackie we’re fucked. Don't much like our chances without Stephen McGinn either tbh. 0 Quote Link to comment Share on other sites More sharing options...
Senor Bairn Posted August 19, 2022 Share Posted August 19, 2022 If it's one of the centre half's then surely McCann would go into LCB like the Bonnyrigg game. 0 Quote Link to comment Share on other sites More sharing options...
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