Poet of the Macabre Posted February 18, 2013 Share Posted February 18, 2013 Would not begrudge JJ if he left in the summer. In fact, unless he is completely obsessed or masochistic, why would he stay? We are circling the drain, he's not getting paid and he doesn't need the hassle. I'm sure he can find another job, even it was a Director of Football type position elsewhere. That being said, I would love him to stay as I think he's done a really decent job and is an excellent manager for this level. I have had a feeling for a while though, that John Potter and Craig Dargo will be in charge of the First Team next term. 0 Quote Link to comment Share on other sites More sharing options...
CALDERON Posted February 18, 2013 Share Posted February 18, 2013 Mcglynn to get the boot from Hearts and go to EEP? ...... 0 Quote Link to comment Share on other sites More sharing options...
Virtual Insanity Posted February 18, 2013 Share Posted February 18, 2013 I believe there was another Masterton story in the Mail on Sunday yesterday? Anyone get a copy of it? 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted February 18, 2013 Share Posted February 18, 2013 I believe there was another Masterton story in the Mail on Sunday yesterday? Anyone get a copy of it? I haven't. 0 Quote Link to comment Share on other sites More sharing options...
da_no_1 Posted February 18, 2013 Share Posted February 18, 2013 Mcglynn to get the boot from Hearts and go to EEP? ...... 0.1/10 0 Quote Link to comment Share on other sites More sharing options...
GreenockRover Posted February 18, 2013 Share Posted February 18, 2013 Pay at the gate for Rovers v DAFC on 16th March. Not before time... 0 Quote Link to comment Share on other sites More sharing options...
da_no_1 Posted February 18, 2013 Share Posted February 18, 2013 Pay at the gate for Rovers v DAFC on 16th March. Not before time... Excellent decision. 0 Quote Link to comment Share on other sites More sharing options...
Larbert_Par Posted February 18, 2013 Share Posted February 18, 2013 Sensible decision. 0 Quote Link to comment Share on other sites More sharing options...
Rovers_Lad Posted February 18, 2013 Share Posted February 18, 2013 (edited) I believe there was another Masterton story in the Mail on Sunday yesterday? Anyone get a copy of it? This 17 Feb 2013 The Scottish Mail on Sunday By Andrew Picken Bank wrote off £4.5m loan to ex-boss’s firm ..then they gave his company an even bigger handout THE Bank of Scotland wrote off a £4.5 million loan to a firm owned by its former managing director. But, despite being left out of pocket, bank executives then gave another firm, owned by Fife businessman Gavin Masterton, a new £12 million loan. A Scottish Mail on Sunday investigation into the finances of Mr Masterton, owner of ailing Dunfermline Athletic FC, has uncovered close ties with his former employer. The latest revelations show that the £4.5 million loan was written off in 2004 as parts of Mr Masterton’s business empire failed. However, less than four years later Bank of Scotland bosses approved a £12 million loan deal with a company owned by the 71-year-old, which let it skip repayments for 35 years. Sources suggest the deals were personally approved by disgraced HBOS executive Peter Cummings. One said: ‘The Gavin situation was very embarrassing for the bank. He only left them a few years before and they lent his companies a lot of money. The deals were very much about wiping out or recycling his debts as quickly as possible. It is treatment the vast majority of bank customers would not have enjoyed.’ In 2003, Wood Investments (Scotland) Limited was owned by two businesses within Mr Masterton’s complex web of companies. Accounts show it lent Dunfermline Athletic £4.5 million, understood to be from a Bank of Scotland loan. Wood Investments’ accounts for the year after show £4.4 million was ‘provided for’ and sources confirmed the bank wrote the money off. The same accounts show that Mr Masterton and Dunfermline Athletic chairman John Yorkston both resigned as directors of Wood Investments, which was sold to SDG Property and SDG Caledonia Holdings. This deal was linked to the collapse of companies trading under the name Stadia, a business started by Mr Masterton to develop land around football grounds. Stadia banked with Bank of Scotland and is thought to have racked up debts of around £25 million. There has been intense scrutiny of Mr Masterton’s finances as his ailing First Division club struggles to pay tax and wage bills this season. Earlier this month, the Scottish Mail on Sunday revealed details of a £12.2 million deal which show Mr Masterton’s company does not have to pay anything back until 2043. The cash was used by one of Mr Masterton’s companies to buy Dunfermline’s stadium and records at Companies House suggest the loan is effectively interest-free as long as the Fife club remains there. The records also show East End Park’s value was £5.9 million in 2007, rising to £11.2 million in 2008. The £12.2 million loan, with the stadium as security, was agreed in 2008. A spokesman for Mr Masterton – who retired from the bank in 2001 – refused to comment on ‘confidential commercial matters’. A spokesman for Lloyds Banking Group, of which taxpayer-backed Bank of Scotland is a part, said: ‘We do not comment on individual customers.’ Edited February 18, 2013 by Rovers_Lad 0 Quote Link to comment Share on other sites More sharing options...
kiddy Posted February 18, 2013 Share Posted February 18, 2013 As was shown last Summer. Something is only worth what somebody is willing to pay for it. So how much is EEP worth again? Instead of pouring their money down the drain, the various fan groups should have been banking it, to deal with the receiver when the time comes. This 17 Feb 2013 The Scottish Mail on Sunday By Andrew Picken Bank wrote off £4.5m loan to ex-boss’s firm The records also show East End Park’s value was £5.9 million in 2007,rising to £11.2 million in 2008. The £12.2 million loan, with thestadium as security, was agreed in 2008. 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted February 18, 2013 Share Posted February 18, 2013 Pay at the gate for Rovers v DAFC on 16th March. Not before time... Hallelujah! 0 Quote Link to comment Share on other sites More sharing options...
Socks Posted February 18, 2013 Share Posted February 18, 2013 If anyone's interested, the written record of last week's meeting held by the Pars Community is available: http://www.parsalive.org.uk/Pages/MinutesOM_130213.html 0 Quote Link to comment Share on other sites More sharing options...
DAFC Posted February 18, 2013 Share Posted February 18, 2013 Dear Bank manager, I am in debt, please give me more money. Regards, A. Chancer. 0 Quote Link to comment Share on other sites More sharing options...
big al Posted February 18, 2013 Share Posted February 18, 2013 is it true the pars are going part time next season? 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted February 18, 2013 Share Posted February 18, 2013 Probably sign a more expensive squad. 0 Quote Link to comment Share on other sites More sharing options...
parslad Posted February 18, 2013 Share Posted February 18, 2013 is it true the pars are going part time next season? No. Big teams are never part time. 0 Quote Link to comment Share on other sites More sharing options...
da_no_1 Posted February 18, 2013 Share Posted February 18, 2013 is it true the pars are going part time next season? Yes I heard there is definitely a fair to middling chance that we may or may not be part time next season. HTH 0 Quote Link to comment Share on other sites More sharing options...
Gaz FFC Posted February 18, 2013 Share Posted February 18, 2013 No. Big teams are never part time. Yeah, but what about Pars? 0 Quote Link to comment Share on other sites More sharing options...
parslad Posted February 18, 2013 Share Posted February 18, 2013 Yeah, but what about Pars? What about us. We're fuckin huge. Just like our debt. 0 Quote Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted February 19, 2013 Share Posted February 19, 2013 We bloody well should go part-time. They'll try and keep the pretense that we're a big club until we've went all Third Lanark on everyone. 0 Quote Link to comment Share on other sites More sharing options...
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