Grumpy Soo-sider Posted July 30 Share Posted July 30 4 minutes ago, Otis Blue said: Nice of you to add your heartfelt concerns for the financial health of ICT ... no doubt in a private moment you'll also be surmising as to the ultimate future of the mighty Spiders once the Haughey lad gets bored of temporarily funding his southside plaything in favour of helping his wee pal Brendan seek an alternative to perennial Champions League irrelevance. A wee touch of irony here perhaps? As it's a local club, I've been worried about ICT for years but this latest episode is something else. See the QP thread for my comments on that club. See the QoS thread for my thoughts on them. 1 Quote Link to comment Share on other sites More sharing options...
bagpuss Posted July 30 Share Posted July 30 (edited) A couple of years ago we dodged a similar bullet when John Sim refused to countenance a bid from a similarly 'fly by night' operation and we ended up with the consortium that have made such a positive impression on Raith since taking over . I fear ICT aren't going to be so lucky, but I hope something nips it in the bud. It has disaster written all over it Edited July 30 by bagpuss 1 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted July 30 Share Posted July 30 (edited) Quote Caley Thistle – not for the first time this summer – have left me with more questions than answers after their announcement on their incoming new majority shareholder Ketan Makwana. The announcement from the club on Friday the board had agreed to an offer from businessman Makwana was a welcome development. But the more I hear about the prospective new majority shareholder, the more concerned I’m becoming. For starters, the revelation Makwana has made six previous attempts at owning a football club in the last three years, which have all failed, is a huge worry. It seems he just wants to own a club – any club – rather than have any affinity for Inverness. I’m also concerned that he didn’t know anything about Caley Thistle at all. It is troubling it appears, based on his comments, he was not aware they were the Scottish Cup winners of 2015 and also reached year’s cup final at Hampden against Celtic. Questions need to be answered – including on Scot Gardiner’s future There are alarm bells ringing for me – but that’s because I don’t know what Makwana’s plans for the club are, or most importantly, whether he has the resources required to take the club forward. Who are his backers? How does he intend on tackling the debt at the club? Will there be funding available to take the club forward? Those are three questions right off the bat which I think everyone associated with Caley Jags are seeking answers to. Then there is the small matter of chief executive Scot Gardiner. His ongoing presence at Caledonian Stadium has been a major bone of contention for a large section of the support. Makwana needs to let the fans know whether his arrival will hasten Gardiner’s departure, or if he will have a future once the regime change has been completed. I’m hoping this deal is good news for the club, the staff and the supporters, but like everyone else, I feel like all I can offer is hope. The devil is going to be in the detail on this. https://www.pressandjournal.co.uk/fp/sport/football/inverness-caledonian-thistle/6545864/duncan-shearer-answers-on-caley-thistle-investor-ketan-makwana-please/ The local hacks seem to be moving beyond their "wealth off the radar" messaging and going past his linkedin page to other social media in their journalistic sleuthing Edited July 30 by welshbairn 0 Quote Link to comment Share on other sites More sharing options...
Buzz Killington Posted July 30 Share Posted July 30 The panama papers mention above reminded me of this tweet. So its the journalists who should be on the look out here. 1 Quote Link to comment Share on other sites More sharing options...
Juanjo Nostalgia Posted July 30 Share Posted July 30 18 hours ago, Sawkye said: Travelling up this Saturday for the game, is it cash/credit card/or advanced ticket purchase for game? You pay via the blockchain 3 Quote Link to comment Share on other sites More sharing options...
yoda Posted July 30 Share Posted July 30 The best outcome is that the fan backlash forces 70Seven to pull the plug on the deal and it turns out that they did, in fact, have huge sums of actual real money ready to invest. 7 Quote Link to comment Share on other sites More sharing options...
SandyCromarty Posted July 30 Share Posted July 30 2 hours ago, TheScarf said: This is 140,000,000% a final 'f**k you' from Morrison and Gardiner to the fans for the backlash from the Kelty debacle. Those two c***s should be in the fucking jail. It's looking more like it and just as a footnote that Inverness Caley Thistle Concert Company was only dissolved on the 27th of June. 0 Quote Link to comment Share on other sites More sharing options...
Buzz Killington Posted July 30 Share Posted July 30 25 minutes ago, SandyCromarty said: It's looking more like it and just as a footnote that Inverness Caley Thistle Concert Company was only dissolved on the 27th of June. If i'm reading the Companies House document correctly the concert company folded with £5k in the bank and owing £428k. The liquidator got the money and the creditors got nothing. 0 Quote Link to comment Share on other sites More sharing options...
SandyCromarty Posted July 30 Share Posted July 30 Finally my Digital ST issued today, took long enough. 0 Quote Link to comment Share on other sites More sharing options...
Popular Post ExiledLichtie Posted July 30 Popular Post Share Posted July 30 4 minutes ago, SandyCromarty said: Finally my Digital ST issued today, took long enough. Given your new owner, is it on the blockchain? Don't worry, that's an 'o', not an 'a'. 29 Quote Link to comment Share on other sites More sharing options...
Mr.Blue Posted July 30 Share Posted July 30 On 29/07/2024 at 17:01, SandyCromarty said: This is nonsense and you know it, 17 years on here and posting constantly. One poster on here copied a post I made on the Politics Forum where I mentioned Obama was coloured and he termed that Racist. Fact is Obama throughout the worlds press has been termed coloured or African American and in a podcast Obama used the N word when discussing racism, does that identify him as a racist? Further when I mentioned the proposed new owner I mention his heritage which I clearly identified in a sporting context as cricket. I have spent my life working and living amongst many nationalities, Arab, Persian, Hong Kong Cantonese, Chinese, Mexican, Taiwanese, Japanese and many many more. Now I don't mind other clubs fans taking the piss and giving the shite it goes with the territory and I've given as much as I have taken. But I do take fuckin exception to one of our own lashing out with racist shit and a fuckin childish post you c**t! 'One of our own ' . Sandra being found out for the horror she really is. What a shame. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted July 30 Share Posted July 30 Thing that gets me about Ketan Makwana is that he seems good at giving people what they want on the motivational speaker circuit for techy start ups, and probably makes a decent living. His problem is believing his own schtick, and especially thinking it translates into something he knows nothing about, the days are gone for mug fans buying NFTs of their favourite players with bitcoin. More likely he has no intention or way of coming up with the money, and is just trying to raise his profile on the speaking circuit. 1 Quote Link to comment Share on other sites More sharing options...
Connor Macleod Posted July 30 Share Posted July 30 On 29/07/2024 at 17:01, SandyCromarty said: This is nonsense and you know it, 17 years on here and posting constantly. One poster on here copied a post I made on the Politics Forum where I mentioned Obama was coloured and he termed that Racist. Fact is Obama throughout the worlds press has been termed coloured or African American and in a podcast Obama used the N word when discussing racism, does that identify him as a racist? Further when I mentioned the proposed new owner I mention his heritage which I clearly identified in a sporting context as cricket. I have spent my life working and living amongst many nationalities, Arab, Persian, Hong Kong Cantonese, Chinese, Mexican, Taiwanese, Japanese and many many more. Now I don't mind other clubs fans taking the piss and giving the shite it goes with the territory and I've given as much as I have taken. But I do take fuckin exception to one of our own lashing out with racist shit and a fuckin childish post you c**t! 0 Quote Link to comment Share on other sites More sharing options...
PB1994 Posted July 30 Share Posted July 30 32 minutes ago, welshbairn said: Thing that gets me about Ketan Makwana is that he seems good at giving people what they want on the motivational speaker circuit for techy start ups, and probably makes a decent living. His problem is believing his own schtick, and especially thinking it translates into something he knows nothing about, the days are gone for mug fans buying NFTs of their favourite players with bitcoin. More likely he has no intention or way of coming up with the money, and is just trying to raise his profile on the speaking circuit. If what Alan Savage has said in the P&J is true Ketan has been given over 30% of the shares in the club for free and purchasing the other 20% to make him majority shareholder. It gets more and more frightening/ridiculous every day. 0 Quote Link to comment Share on other sites More sharing options...
Central Belt Caley Posted July 30 Share Posted July 30 (edited) Have to say, I rate how open Alan Savage is with his utter contempt for Scot Gardiner Edited July 30 by Central Belt Caley 4 Quote Link to comment Share on other sites More sharing options...
oldbitterandgrumpy Posted July 30 Share Posted July 30 If what could happen does happen, there’s a beautiful closing of the circle as the ‘Rangers of the North’ (to quote a former Labour MP for Inverness) see themselves living well beyond their means and trying desperately to stop the walls closing in on them. 0 Quote Link to comment Share on other sites More sharing options...
ICTChris Posted July 30 Share Posted July 30 (edited) If what Alan Savage says is true it’s in the territory of David Murray selling to Craig Whyte. Edited July 30 by ICTChris 0 Quote Link to comment Share on other sites More sharing options...
RednBlackComeback Posted July 30 Share Posted July 30 1 hour ago, ICTChris said: If what Alan Savage says is true it’s in the territory of David Murray selling to Craig Whyte. Craig Whyte did at least have £1 1 Quote Link to comment Share on other sites More sharing options...
LeodhasXD Posted July 30 Share Posted July 30 3 hours ago, welshbairn said: Thing that gets me about Ketan Makwana is that he seems good at giving people what they want on the motivational speaker circuit for techy start ups, and probably makes a decent living. His problem is believing his own schtick, and especially thinking it translates into something he knows nothing about, the days are gone for mug fans buying NFTs of their favourite players with bitcoin. More likely he has no intention or way of coming up with the money, and is just trying to raise his profile on the speaking circuit. I'd argue to the contrary. There's been another round of sponsors of English Premier League clubs (at least Newcastle and Chelsea have) from NFT's and digital collectibles. The clubs aren't going to turn down free money - which is why there's unlicensed gambling companies on some shirts too. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted July 30 Share Posted July 30 11 minutes ago, LeodhasXD said: I'd argue to the contrary. There's been another round of sponsors of English Premier League clubs (at least Newcastle and Chelsea have) from NFT's and digital collectibles. The clubs aren't going to turn down free money - which is why there's unlicensed gambling companies on some shirts too. I get the impression they're more like Panini WC cards now than get rich quick scams. I see Jack Grealish is available for $0.15. 0 Quote Link to comment Share on other sites More sharing options...
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