The Big Queen's Park FC Thread

[an86]

24 minutes ago, Arachnophile said:

The great irony in all this is that, if the club had shown the ability to build a small football stadium, the men's team would be playing at Lesser, and we would all understand the problem of finding somewhere for the women to play.

The obvious logic would have been a high quality synthetic surface, which the community and all of our teams could have used, with the stadium being a real hub of activity and place that felt like the heartbeat of the club. 

[Arachnophile]

13 minutes ago, an86 said:

The obvious logic  

Aye right.

[starshot131]

1 hour ago, an86 said:

The obvious logic would have been a high quality synthetic surface, which the community and all of our teams could have used, with the stadium being a real hub of activity and place that felt like the heartbeat of the club. 

Ah but you see we needed the best pitch in the country, so that we could have uh...
Bragging rights?

[Stuntiethumper]

2 minutes ago, starshot131 said:

Ah but you see we needed the best pitch in the country, so that we could have uh...
Bragging rights?

And as any groundsman will tell you, one way to have the best pitch in the country is not to let anyone play on it.

[starshot131]

4 minutes ago, Stuntiethumper said:

And as any groundsman will tell you, one way to have the best pitch in the country is not to let anyone play on it.

The old "reverse Firhill" treatment

[spiderdetective]

6 hours ago, Stuntiethumper said:

That's what I thought when I skimmed the accounts. Pretty sure I read Lochinch is on a 20 year lease.

 just need to wait and see what happens out the other side then. It's certainly WAS factual information, there's a few dodgy movements of money within the club so that Willie isn't the "owner" . So wouldn't surprise me if things have been jiggled to alleviate fears. 

It's one of the reasons lessers arse is punted to bring money in, and not for the best footballing interests of the club. 

[Grumpy Soo-sider]

34 minutes ago, starshot131 said:

Ah but you see we needed the best pitch in the country, so that we could have uh...
Bragging rights?

Cool changing rooms too. 

Apparently.

[mcjameos]

13 hours ago, spiderdetective said:

The problem with our benefactor is to contribute so much without getting the club in trouble , most of the clubs big assets aren't owned by the club. Lesser and the training ground are both owned by the city group , not the club. 

The city group has decided that the main users of lesser should be the Scotland Men, and Women's A squads. They now have priority use over the pitch. 

That means that the QP 1st team may get to train there occasionally. They may get to play a couple games at the start of the season again. But any other usage by a QP team is a no no, you could in fact argue the idea of such would be seen as insane. 

 

The biggest concern over all of this isn't not getting to use lesser. It's what happens if haughey decided to pull the money, while he owns the clubs biggest assets ? QP is his play thing, and if he doesn't start to get the satisfaction in the next few years the club could seriously end up with f**k all and be in a more perilous state than ever before. 

Pretty confident Lesser continues to be owned by QPFC and forms part of the £12.5m tangible fixed assets (buildings) shown on the latest balance sheet.

However QPFC are only tennants of Lochinch. It was owned by the Scottish Police Recreation Association before ownership transferred to The City Charitable Trust (per March 2023 SPRA accounts) which is run from Haughey's City Facilities Management.

When Haughey leaves we should therefore still have Lesser (ignoring suitability issues) to play and train at.

[mcjameos]

5 hours ago, Spider Rico said:

Is anyone going to the East Fife friendly on Tuesday?

No but I am going to see P!nk tomorrow

[Arachnophile]

22 hours ago, mcjameos said:

No but I am going to see P!nk tomorrow

I hope you enjoy. Were you aware there were pre-gig hospitality options at bar 1867?

 

Edited Saturday at 13:58 by Arachnophile

[mcjameos]

11 minutes ago, Arachnophile said:

I hope you enjoy. We're you aware there were pre-gig hospitality options at bar 1867?

 

Cheers. Must have missed that, too late to change my plans now

[Arachnophile]

5 hours ago, spiderdetective said:

 just need to wait and see what happens out the other side then. It's certainly WAS factual information, there's a few dodgy movements of money within the club so that Willie isn't the "owner" . So wouldn't surprise me if things have been jiggled to alleviate fears. 

It's one of the reasons lessers arse is punted to bring money in, and not for the best footballing interests of the club. 

Don't want to be rude but it seems to me that you are just making shit up. Feel free to prove me wrong

Edited Friday at 20:26 by Arachnophile

[Dooflick]

12 hours ago, Arachnophile said:

Don't want to be rude but it seems to me that you are just making shit up. Feel free to prove me wrong

He/She  cant prove you wrong because they are talking nonsence.

[Hampden Diehard]

17 hours ago, Arachnophile said:

Don't want to be rude but it seems to me that you are just making shit up. Feel free to prove me wrong

I'm guessing this is someone trying out AI.

 

"Moving money.." whit?

Edited Saturday at 13:28 by Hampden Diehard

[Bring Your Own Socks]

On 28/06/2024 at 02:00, spiderdetective said:

The problem with our benefactor is to contribute so much without getting the club in trouble , most of the clubs big assets aren't owned by the club. Lesser and the training ground are both owned by the city group , not the club. 

The city group has decided that the main users of lesser should be the Scotland Men, and Women's A squads. They now have priority use over the pitch. 

That means that the QP 1st team may get to train there occasionally. They may get to play a couple games at the start of the season again. But any other usage by a QP team is a no no, you could in fact argue the idea of such would be seen as insane. 

 

The biggest concern over all of this isn't not getting to use lesser. It's what happens if haughey decided to pull the money, while he owns the clubs biggest assets ? QP is his play thing, and if he doesn't start to get the satisfaction in the next few years the club could seriously end up with f**k all and be in a more perilous state than ever before. 

[Spider Rico]

11 minutes ago, Bring Your Own Socks said:

Welcome back!

[Bring Your Own Socks]

23 hours ago, mcjameos said:

Pretty confident Lesser continues to be owned by QPFC and forms part of the £12.5m tangible fixed assets (buildings) shown on the latest balance sheet.

However QPFC are only tennants of Lochinch. It was owned by the Scottish Police Recreation Association before ownership transferred to The City Charitable Trust (per March 2023 SPRA accounts) which is run from Haughey's City Facilities Management.

When Haughey leaves we should therefore still have Lesser (ignoring suitability issues) to play and train at.

Quite correct. From an accountants perspective. The value of £12.5M however is way above what that property would sell for. If you trail back through previous years you’ll find Lesser was valued at less than £1m before the renovations. It was raised by a member who knew what he was talking about at the last AGM why the asset figure was so high and it was explained that it included the “cost” of the stadium. There was also a new entry in the capital section of about £8.5m that virtually matched the Assets increase. That’s not how you value assets. In simple terms, imagine building a house that had a market value of £300k but after taking two years to build it the total cost was £4m. Would you expect a new buyer to pay you £4.5m for a house valued at £300k? So we own Lesser, yes, but at a value that nobody would pay for.

The second contract was managed by City Facilities Management Ltd. They paid all suppliers and sub-contractors. They raised an invoice to QPFC for £8.5m. Figure it out from there?

Ever wondered why Scotland has so many ice cream shops open through the winter?

[parsforlife]

13 minutes ago, Bring Your Own Socks said:

Quite correct. From an accountants perspective. The value of £12.5M however is way above what that property would sell for. If you trail back through previous years you’ll find Lesser was valued at less than £1m before the renovations. It was raised by a member who knew what he was talking about at the last AGM why the asset figure was so high and it was explained that it included the “cost” of the stadium. There was also a new entry in the capital section of about £8.5m that virtually matched the Assets increase. That’s not how you value assets. In simple terms, imagine building a house that had a market value of £300k but after taking two years to build it the total cost was £4m. Would you expect a new buyer to pay you £4.5m for a house valued at £300k? So we own Lesser, yes, but at a value that nobody would pay for.

 

EEP was once on the books at something like £12 million, when it was sold it was for about £1 million, and that was retaining its use as a football stadium,  property developers or supermarkets were either completely uninterested or offering less.

If you were to sell lesser I'd expect the SFA to be the biggest bidder as they are the only ones really who would be interested in the facilities but they only have to offer £1 more than what any other developer would want just wanting the land.

[williebraveheart]

50 minutes ago, Bring Your Own Socks said:

Quite correct. From an accountants perspective. The value of £12.5M however is way above what that property would sell for. If you trail back through previous years you’ll find Lesser was valued at less than £1m before the renovations. It was raised by a member who knew what he was talking about at the last AGM why the asset figure was so high and it was explained that it included the “cost” of the stadium. There was also a new entry in the capital section of about £8.5m that virtually matched the Assets increase. That’s not how you value assets. In simple terms, imagine building a house that had a market value of £300k but after taking two years to build it the total cost was £4m. Would you expect a new buyer to pay you £4.5m for a house valued at £300k? So we own Lesser, yes, but at a value that nobody would pay for.

The second contract was managed by City Facilities Management Ltd. They paid all suppliers and sub-contractors. They raised an invoice to QPFC for £8.5m. Figure it out from there?

Ever wondered why Scotland has so many ice cream shops open through the winter?

Don't tell me the Lord has entered the ice cream business! Deep do-do beckons.

[Spidersmad]

59 minutes ago, williebraveheart said:

The second contract was managed by City Facilities Management Ltd. They paid all suppliers and sub-contractors. They raised an invoice to QPFC for £8.5m. Figure it out from there?

Royal Boxes with chandeliers and cordon bleu dining don't come cheap you know. I take it that the £8.5 million doesn't include the money already paid to the first contractor, Bell Building? That honkingly awful 959 seater stand (plus Royal Box plus new pitch plus dressing rooms?) seems to have come at an eye watering cost to the club. Say it isn't so!