PedroMoutinho Posted February 24, 2023 Share Posted February 24, 2023 8 hours ago, Latapy is god said: Certainly think that if the FSS shares were in a person's own name however FSS got the proxy then they would gain more sign ups. I understand patrons shares are in their own name. That option is clearly off the table for political reasons 0 Quote Link to comment Share on other sites More sharing options...
RC55 FFC Posted February 24, 2023 Share Posted February 24, 2023 FH have done an update too inc the new pitch & player update https://www.falkirkherald.co.uk/sport/football/falkirk-fc-agm-12-million-loss-but-club-on-the-up-on-and-off-the-park-commercial-successes-forever-falkirk-revealed-4039686 0 Quote Link to comment Share on other sites More sharing options...
Rugster Posted February 24, 2023 Share Posted February 24, 2023 5 hours ago, Hank von Hell said: Hard earned? it's literally pennies , or dollars in my case, to join and this is the 3rd or 4th excellent pod he's done dedicated to Falkirk. Aye but he's an absolute dick though. 1 Quote Link to comment Share on other sites More sharing options...
Rugster Posted February 24, 2023 Share Posted February 24, 2023 For anyone there was it stated whether the new pitch would be grass or artificial? 0 Quote Link to comment Share on other sites More sharing options...
NavyBlueArmy1876 Posted February 24, 2023 Share Posted February 24, 2023 Looks like a fair few have requested refunds for the derby so far, the first 4 sections were completely sold out before 1 Quote Link to comment Share on other sites More sharing options...
Zbairn Posted February 24, 2023 Share Posted February 24, 2023 9 minutes ago, PedroMoutinho said: That option is clearly off the table for political reasons The administration and cost to do this would be pretty significant for every FSS member. Each individual would need to be registered at Companies House as well. I don’t think it’s anything to do with politics. That’s why there is a minimum amount that an individual can buy shares (£100?) from the club, to cover time and cost. I believe that anyone can do this at anytime and proxy their share to the FSS if they wish. Would need someone from the FSS to confirm. what could be done is something similar to the old Sharesave scheme. When a certain threshold of payment is passed, the option to transfer the shares into an individual’s name could be offered. 0 Quote Link to comment Share on other sites More sharing options...
FFC 1876 Posted February 24, 2023 Share Posted February 24, 2023 5 minutes ago, Rugster said: For anyone there was it stated whether the new pitch would be grass or artificial? If it's a grant we're getting it'll definitely be astroturf. 7 minutes ago, RC55 FFC said: FH have done an update too inc the new pitch & player update https://www.falkirkherald.co.uk/sport/football/falkirk-fc-agm-12-million-loss-but-club-on-the-up-on-and-off-the-park-commercial-successes-forever-falkirk-revealed-4039686 Watson & Williamson two to three weeks away and Lawal not far behind hopefully only a month before he's back in contention. 2 Quote Link to comment Share on other sites More sharing options...
Zbairn Posted February 24, 2023 Share Posted February 24, 2023 16 minutes ago, FFC 1876 said: If it's a grant we're getting it'll definitely be astroturf. Watson & Williamson two to three weeks away and Lawal not far behind hopefully only a month before he's back in contention. Can’t see Williamson even getting in the squad. If he played, he would last about 15 minutes before going off injured……and that’s without tackling anyone from the opposition. 2 Quote Link to comment Share on other sites More sharing options...
grahamstonbairn Posted February 24, 2023 Share Posted February 24, 2023 31 minutes ago, RC55 FFC said: FH have done an update too inc the new pitch & player update https://www.falkirkherald.co.uk/sport/football/falkirk-fc-agm-12-million-loss-but-club-on-the-up-on-and-off-the-park-commercial-successes-forever-falkirk-revealed-4039686 One for the historians. Is £1.2m the worst loss in the history of the club. 0 Quote Link to comment Share on other sites More sharing options...
Guest Brockvillenomore Posted February 24, 2023 Share Posted February 24, 2023 9 hours ago, Bainsfordbairn said: It wasn't presented as a plan in my eyes. Rather one of four options. The first option was to go back to where we were under the MSG. Figures were given which showed that we made an average loss of 450K during each of the nine seasons we spent in the championship. Those losses were offset by players sales, cup runs and soft loans in the bad years. As neither player sales nor cup runs could be guaranteed this model was seen as too risky to be a viable business plan, so it appears to have been abandoned. Albeit we gambled this season and needed 145K in soft loans from six individuals to get the accounts signed off. Though the cup run may have negated that now; I wasn't quite sure on that point. Second option is to cut our cloth, budget cautiously and plan to breakeven every season. Which if we'd done that this season wouldn't have given us enough money to pay the 14 players still under contract, never mind recruit more. Third option is to seek external investment. Nobody mentioned them, so I will. George Fulston & Hamish Deans spring to mind. Fourth option is for the owners of the club - the fans - to put in more money than they're doing at present via FSS, Partrons, sponsorship or any new commercial initiatives the club comes up with. Those present in the room were asked for a show of hands and the fourth option was the only one that got votes. At least that was my take on proceedings. If anyone disagrees feel free to chip in. 100% agree. I took a very short cut in my post. What last night confirms there is a wish and desire for fan ownership and while FSS have done really well £100k a season on current numbers isn’t enough to get us two promotions. We could be on the cusp of something special here, what looks to be a better run club, a management team who have shown what they can do in a very short period. The board were pretty clear last night, they won’t jeopardise the club by running at a loss they cannot fill. I suppose, however this ends up, will be down to the fans. Hence my first post, if this doesn’t work we will either be sold, or live within our means. 0 Quote Link to comment Share on other sites More sharing options...
Springfield Posted February 24, 2023 Share Posted February 24, 2023 2 minutes ago, Zbairn said: Can’t see Williamson even getting in the squad. If he played, he would last about 15 minutes before going off injured……and that’s without tackling anyone from the opposition. That’s my take on Williamson. There’s no way we’re going to jeopardise his new employer, and will only play as a last resort, unfortunately the same goes for Watson, if we keep our present defenders fit, we won’t see Watson making too many appearances. 0 Quote Link to comment Share on other sites More sharing options...
Wingman Posted February 24, 2023 Share Posted February 24, 2023 38 minutes ago, Rugster said: For anyone there was it stated whether the new pitch would be grass or artificial? Artificial with 50% grant coming from UK government. 1 Quote Link to comment Share on other sites More sharing options...
Springfield Posted February 24, 2023 Share Posted February 24, 2023 Assuming we’ve missed the chance for concerts this summer? With a new playing surface for the start of the new season, this summer would have been ideal. 0 Quote Link to comment Share on other sites More sharing options...
bairn88 Posted February 24, 2023 Share Posted February 24, 2023 New pitch by next season is exciting news, thought it would've been 2024 before it was relaid tbh. 0 Quote Link to comment Share on other sites More sharing options...
Shodwall cat Posted February 24, 2023 Share Posted February 24, 2023 I'm not sure about this new fund raising idea . There's only so many times you can go to the well and you would think it would only take people away from fss if anything. I mean if fans aren't keen to sign up to fss why would they be any keener to sign up for this? 15 Quote Link to comment Share on other sites More sharing options...
Ranaldo Bairn Posted February 24, 2023 Share Posted February 24, 2023 1 minute ago, Shodwall cat said: I'm not sure about this new fund raising idea . There's only so many times you can go to the well and you would think it would only take people away from fss if anything. I mean if fans aren't keen to sign up to fss why would they be any keener to sign up for this? Yeah I don't get it either. It will more than likely be the same folk who are in FSS or even Patrons who end up contributing to it. Would it not be simpler just to canvass for more contributions to the existing methods of fundraising? Maybe I'm missing something. I expect more detail will emerge. 3 Quote Link to comment Share on other sites More sharing options...
Chinatoon Bairn Posted February 24, 2023 Share Posted February 24, 2023 1 hour ago, Rugster said: For anyone there was it stated whether the new pitch would be grass or artificial? Defo astro 0 Quote Link to comment Share on other sites More sharing options...
Blame Me Posted February 24, 2023 Share Posted February 24, 2023 Lots to digest from the AGM and thanks to all sources for their updates and views. I think we can all agree that the recent improvements across the club are commendable and on the pitch we look like we've got our act together. @Van_damage is also correct to say that the FSS is succeeding - the other groups that appear to have been cited at the AGM have been around for longer and we have 2/3 of Morton's in a shorter time - but because of the clubs perilous position the continued message appears to be that the fans need to do more! There is a danger, in my view, that the club is creating a hidden cost of supporting Falkirk over-and-above the matchday price. In KJ's clumsy announcement he did create an unnecessary "us and them" narrative. I appreciate the message is to only give what you can but every statement decrying the current FSS uptake creates more pressure on those who can't (or contributing their limit) to perhaps exceed that. As for the "lukewarm" action off the back of that statement and subsequent explanation I will paraphrase KJ: The club couldn't pick the right time ... and I'm afraid the fan's can't either. The club unfortunately found itself in the eye of the perfect storm. 3 Quote Link to comment Share on other sites More sharing options...
FFC 1876 Posted February 24, 2023 Share Posted February 24, 2023 23 minutes ago, Shodwall cat said: I'm not sure about this new fund raising idea . There's only so many times you can go to the well and you would think it would only take people away from fss if anything. I mean if fans aren't keen to sign up to fss why would they be any keener to sign up for this? Seems very much like a replacement for the bairns 4 life fund as they've said all the money raised via that method will go into the playing budget. I agree though that it does risk taking money away from the FSS especially as people like the fact their money's going straight into the playing budget as opposed to paying other club costs. 0 Quote Link to comment Share on other sites More sharing options...
Reggie Perrin Posted February 24, 2023 Share Posted February 24, 2023 1 hour ago, Zbairn said: It’s already there……or will be very shortly. Between the Patrons Group and the FSS, the % is working towards a majority of shares issued. But not able to finance the club to the required level. 2 Quote Link to comment Share on other sites More sharing options...
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