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"The ICT Thread - From the Premiership to the Seaside"


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Folk coming into the thread for, clearly, their first visit and saying pish like this:

20 minutes ago, FitbaSupporter said:

Club racks up unsustainable debts chasing the dream. Fans uncomplaining and loving it. Chickens come home to roost and suddenly we are supposed to have sympathy and see it as some sort of tragedy. Seen it too many times We all know it’ll be administration, creditors shafted and back in business before long. So will save the crocodile tears. 

When numerous The Caley fans have pointed out we’ve been making massive losses year on year and there needs to be change to the structure, budgets etc. But aye we’ve been loving every second for the past 5 years and not complaining one bit, no sir. 

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2 minutes ago, Shodwall cat said:

If your club is losing massive amounts year on year surely fans need to get involved.  The moment we had a really poor year financially we were in there and getting the board lumped out . 

That's a statement, not a question.

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4 minutes ago, Central Belt Caley said:

Folk coming into the thread for, clearly, their first visit and saying pish like this:

When numerous The Caley fans have pointed out we’ve been making massive losses year on year and there needs to be change to the structure, budgets etc. But aye we’ve been loving every second for the past 5 years and not complaining one bit, no sir. 

Wasn’t aware it was such an inept waste of funds so happy to be corrected on the fans loving it bit. But the rest remains true. Creditors about to be shafted by some paltry figure in the pound. Points deduction might not even send you down. Then you’ll be back in business having shed the debt you’ve been racking up. It’s a win win. Just ask fans of Hearts, Dundee, Livi, Motherwell, Dunfermline etc

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3 minutes ago, FitbaSupporter said:

Wasn’t aware it was such an inept waste of funds so happy to be corrected on the fans loving it bit. But the rest remains true. Creditors about to be shafted by some paltry figure in the pound. Points deduction might not even send you down. Then you’ll be back in business having shed the debt you’ve been racking up. It’s a win win. Just ask fans of Hearts, Dundee, Livi, Motherwell, Dunfermline etc

According to ”RedLichtie” we’re a cert to be liquidated

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16 minutes ago, Stephen Malkmus said:

The Caley fans should have personally manhandled Gardiner out of his office and then installed a Harvard business school graduate in his vacant chair. Anything less is complicity.

Agreed but it’s too late.

Having said that they would have had to remove their tartan rugs first and spat out their werthers originals. 


 

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1 minute ago, CALEDONIAN108 said:

Agreed but it’s too late.

Having said that they would have had to remove their tartan rugs first and spat out their werthers originals. 


 

...Is a supporter of a club that died 3 decades ago accusing another team of having an old fanbase?

 

51 minutes ago, FitbaSupporter said:

Club racks up unsustainable debts chasing the dream. Fans uncomplaining and loving it. Chickens come home to roost and suddenly we are supposed to have sympathy and see it as some sort of tragedy. Seen it too many times We all know it’ll be administration, creditors shafted and back in business before long. So will save the crocodile tears. 

Pray tell what supporters are meant to do if the people in charge of the club are running it poorly?

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6 minutes ago, Hugh Hillshaveyes said:

I think you will as well ....a 1500 turnout yesterday says it all...not enough people interested in a modern highland franchise surviving

The correct attendance was 1501 and I was the '1' and I spent a lot of cash in the club shop and no I don't want a f***ing medal. :rolleyes:

 

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4 minutes ago, forkboy said:

 

 

Pray tell what supporters are meant to do if the people in charge of the club are running it poorly?

Immediately become majority shareholders of the club and pay back every single penny of debt owed, obviously. Simple stuff really.

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36 minutes ago, Shodwall cat said:

If your club is losing massive amounts year on year surely fans need to get involved.  The moment we had a really poor year financially we were in there and getting the board lumped out . 

More rewriting of history.  You can't ignore the Mark Campbell escapade or the sale of a large percentage in your club for a pittance to Phil Rawlins.  Let's not pretend that the Falkirk fans weren't onboard with these events.

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2 hours ago, Shodwall cat said:

Yes but we made a lot of money out of ours whilst ICT haven't made anything. There's big difference we don't shaft out creditors .

How much is "a lot of money"?  In the near 20 years of existence, how much money was brought in by the events company?

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28 minutes ago, FitbaSupporter said:

Wasn’t aware it was such an inept waste of funds so happy to be corrected on the fans loving it bit. But the rest remains true. Creditors about to be shafted by some paltry figure in the pound. Points deduction might not even send you down. Then you’ll be back in business having shed the debt you’ve been racking up. It’s a win win. Just ask fans of Hearts, Dundee, Livi, Motherwell, Dunfermline etc

Of course Raith Rovers avoided such a calamity back in 2005/06.

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30 minutes ago, FitbaSupporter said:

Wasn’t aware it was such an inept waste of funds so happy to be corrected on the fans loving it bit. But the rest remains true. Creditors about to be shafted by some paltry figure in the pound. Points deduction might not even send you down. Then you’ll be back in business having shed the debt you’ve been racking up. It’s a win win. Just ask fans of Hearts, Dundee, Livi, Motherwell, Dunfermline etc

You asked so I'll answer, it's absolutely not win win.  Administration is a hellish period and is only used a last resort.  Clubs can be poorly run and debts pile up and maybe there should be better protections to prevent that happening, but once it happens for you to want to liquidate clubs and never see them again is pretty extreme punishment for a small period of mismanagement.

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while other clubs finances are being aired out on this thread by the experts. I thought this might be of interest to anyone not interested in the scramble for relevance between Falkirk, Raith Rovers and the odd 'flat earther' on an Inverness taking the long way back to the Premiership and Europe via the seaside leagues thread.

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7 minutes ago, forkboy said:

Pray tell what supporters are meant to do if the people in charge of the club are running it poorly?

Plenty of examples over the years of fans getting organised, protesting, boycotting, organising a buyout etc. It’s never easy, but it’s not impossible.

May not be the case in this instance but previous Scottish football administrations have been characterised by fans loving the fruits of the over spending in the years before whether it’s Hearts, Livi or the Pars. And all these clubs are back living their best life after shafting creditors. So maybe explains the cynicism about the whole thing.

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5 minutes ago, parsforlife said:

You asked so I'll answer, it's absolutely not win win.  Administration is a hellish period and is only used a last resort.  Clubs can be poorly run and debts pile up and maybe there should be better protections to prevent that happening, but once it happens for you to want to liquidate clubs and never see them again is pretty extreme punishment for a small period of mismanagement.

Never said anyone should be liquidated. We all deserve a club, but there should be stiffer penalties for what is you've pointed out is financial doping. Automatic relegation at the very least. There’s not even that. 

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