Poet of the Macabre Posted January 17, 2013 Share Posted January 17, 2013 You'll find out the real reason Masterton has done this tomorrow. PM? 0 Quote Link to comment Share on other sites More sharing options...
GSXR750 Posted January 17, 2013 Share Posted January 17, 2013 More debt to the Masterstons companies, yipee, everything is fine now! Remind me, how did we get into this mess in the first place? This reminds me of the time I was unemployed and I was paying the mortgage with the credit card. Only back then the key to getting back on track was getting a job finally. Just what is Masterton waiting on after the bailouts and donations that will finally solve our crisis? We've just got a plug to fill the biggest hole in the boat, the rest are still letting water in, we are bailing that water out and slowly but surely floating further out to sea. But we are fine. 0 Quote Link to comment Share on other sites More sharing options...
dafcburty Posted January 17, 2013 Share Posted January 17, 2013 (edited) PM me too please if you are willing to share any info you may have. If not, no worries, I understand mate. Edited January 17, 2013 by dafcburty 0 Quote Link to comment Share on other sites More sharing options...
GSXR750 Posted January 17, 2013 Share Posted January 17, 2013 You'll find out the real reason Masterton has done this tomorrow. Guess 1: The other directors have made him an offer he can't refuse, he now needs to keep DAFC afloat to make the sale? 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted January 17, 2013 Share Posted January 17, 2013 This isn't great news, the Masterbaters haven't given a donation here, they've simply shifted the debt, so now the club owes them the money rather than HMRC, which as a result has also increased their firm hold over the club. Also i'm very surprised that considering our troubles to pay players wages in recent months, none of them have left yet. Would that not wipe out any weight that the share issue could create? 0 Quote Link to comment Share on other sites More sharing options...
GordieBoy80 Posted January 17, 2013 Share Posted January 17, 2013 Would that not wipe out any weight that the share issue could create? The share issue probably won't happen. Did the club actually answer the club's request for financial transparency ? I don't think they did, just looking for clarification. 0 Quote Link to comment Share on other sites More sharing options...
smpar Posted January 17, 2013 Share Posted January 17, 2013 PM please, if you want to share? 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted January 17, 2013 Share Posted January 17, 2013 (edited) Also i'm very surprised that considering our troubles to pay players wages in recent months, none of them have left yet. Because they're all pish and realised they've lucked out playing wi yous. Please don't return with 'that pish we are above you' I'm just poking the dieing body Edited January 17, 2013 by Gaz FFC 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted January 17, 2013 Share Posted January 17, 2013 Because they're all pish and realised they've lucked out playing wi yous. Please don't return with 'that pish we are above you' I'm just poking the dyeing body I take it that it'd be black & white? 0 Quote Link to comment Share on other sites More sharing options...
Broken Algorithms Posted January 17, 2013 Share Posted January 17, 2013 Pm for a lino licking nosey fucker like myself please! 0 Quote Link to comment Share on other sites More sharing options...
McMad Posted January 17, 2013 Share Posted January 17, 2013 wouldn't mind being in the know either ta 0 Quote Link to comment Share on other sites More sharing options...
Jimmy85 Posted January 17, 2013 Share Posted January 17, 2013 For the record I have no inside knowledge! That post came over a bit more matter of fact than intended. I'm merely speculating that there is an ulterior motive behind the timing of this. 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted January 17, 2013 Share Posted January 17, 2013 I take it that it'd be black & white? Edited, embarrassing. 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted January 18, 2013 Share Posted January 18, 2013 For the record I have no inside knowledge! That post came over a bit more matter of fact than intended. I'm merely speculating that there is an ulterior motive behind the timing of this. Booooooo! 0 Quote Link to comment Share on other sites More sharing options...
dafcburty Posted January 18, 2013 Share Posted January 18, 2013 (edited) From .net; "Topic Originator: Kaiser Chief Date: Fri 18 Jan 08:30 Interesting article today in the Scottish Herald: DUNFERMLINE Athletic's financial woes do not seem to be abating after Jim Jefferies revealed staff are still waiting for a third of their December wages, despite being told they would be brought up to date on Monday. The Fife club are continuing to struggle financially amidst fears that they may not be able to see out the season. The East End Park outfit have run up extensive arrears paying tax to Her Majesty's Revenue and Customs and will announce the details of a planned shares issue in the coming days. But, with cash-flow an on-going problem, salaries have been sporadic since players had to wait until late November before receiving their full October entitlement. The first-team squad have received their basic pay for December but remain short of bonuses and appearance money, with Gavin Masterton, the majority shareholder, indicating the shortfall should be included in this month's cash. Masterton had also said last Friday that staff would be paid their remaining portion on Monday. However, despite large gates at games against Falkirk and Raith Rovers over the festive period, Jefferies admitted staff have not had anything since a 35% instalment late last week brought their wages up to 65%. With January's money soon due, Jefferies said: "For the players, there's still some outstanding appearance money. It's all being sorted out and the owner said it will be done in their next wage. In terms of the staff, we got 30% and then another 35%, so we've had 65% but there's been nothing since. We just have to get on with it. Then, we'll see what happens at the end of the month . . ." After yesterdays statement on COWS, could this be considered fire fighting at it's best?" Edited January 18, 2013 by dafcburty 0 Quote Link to comment Share on other sites More sharing options...
dafcburty Posted January 18, 2013 Share Posted January 18, 2013 DAFC Statement; http://www.dafc.co.uk/articles/20130118/in-response-to-todays-report-in-the-herald-newspaper-dafc-would-like-to-clarify-their-outstanding-salary-situation_2207955_3045370 0 Quote Link to comment Share on other sites More sharing options...
dafcchris Posted January 18, 2013 Share Posted January 18, 2013 Same old nothing to see here statement, there is nothing to worry about eh 0 Quote Link to comment Share on other sites More sharing options...
HoBNob Posted January 18, 2013 Share Posted January 18, 2013 We've got Norwegian player Preben Erlan on trial. We are Dunfermline, we'll sign who we want Some Nutmeg though. 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted January 18, 2013 Share Posted January 18, 2013 I wouldn't believe the club if they told me Lance Armstrong cheated. 0 Quote Link to comment Share on other sites More sharing options...
Jimmy85 Posted January 18, 2013 Share Posted January 18, 2013 Can't afford to pay current players. Solution - sign more players. 0 Quote Link to comment Share on other sites More sharing options...
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