Jump to content

steelboy

Legends
  • Posts

    12,067
  • Joined

  • Last visited

  • Days Won

    124

steelboy last won the day on April 17

steelboy had the most liked content!

3 Followers

About steelboy

Profile Information

  • Gender
    Male

Recent Profile Visitors

11,943 profile views

steelboy's Achievements

Reserve Team Regular

Reserve Team Regular (4/10)

77

Reputation

  1. Because McMahon and Weir don't like the look of the new Society board.
  2. I mean it's worrying that they might be warming us up to announce he's a signed a new deal. He's our top earner and by far the worst goalkeeper in the league. We are the worst team at defending set pieces in the league because of him. We have to sign a new starting goalkeeper and free up his wage for a player that can make a positive contribution.
  3. The club's finances in the present are a result of the previous income. We obviously wouldn't have spent a fortune on the pitch and East Stand if the money wasn't there from player sales. It's not history if you actually have the money. We should be looking at £3-4m from Bair and Miller so it's not like we don't have assets at the moment. It's obviously a balancing act from the club but that's the nature of professional sport at every level. We are in a strong position at the moment but people talk about it like a wean that thinks there's a bogeyman under the bed.
  4. Ryan Jack and Halliday would be a decent midfield in wheelchair fitba. The club have put out a Liam Kelly highlights video... an ominous sign.
  5. I've read that issuing new shares was discussed at the club AGM.
  6. Over the 7 years of fan ownership we have an overall profit of £2 million. Compared to most other clubs we are doing extremely well. I'm not going to check but we won't be far off breaking even over the past 20 years since we came out of administration.
  7. No the Society members have to vote in favour but that's obviously part of their plan. If the members say no it's dead.
  8. I explained that the deal looks like it is to get majority control essentially for free. It's the equivalent of buying a £20 quid note for a fiver. That's why us.
  9. The most recent club accounts list our assets at £8 million so that's the minimum but it's obviously more than that due to our status as a top flight club and potential for player sales. It's worth remembering that the Americans don't actually intend to buy any shares. The proposal seems to be that the club will issue new shares that are given to the Americans in return for working capital (which they can later withdraw at will).
  10. It's worth noting that the club accounts say the club is financially stable and there is no mention of any requirement for outside investment. Weir and McMahon brought up the need for 'transformational' investment but at no time actually described what they wanted us to transform into. They then shut up about 'auditors' pretty quickly when supporters started to ask about the clubs spending commitments and budgets. It's all been bullshit dreamed up by a PR firm designed to trick the Well Society members into handing the club over for a bag of magic beans.
  11. There have already been 45 or so UK clubs bought by Americans. There aren't many left to buy and we attractive because (1) we run at a profit (2) have no debt other than to the Well Society who will never call it in (3) McMahon has obviously told them that the Well Society members are stupid enough to effectively hand the club for free. From what I have heard they intend to make a documentary series as part of an expansion of their Hollywood business.
  12. The finances are fine. We have made a good profit during a difficult period. To me it looks like the clique that have run the club in various guises for 20 years don't like the fact that the majority of the Well Society board are now supporters from the East Stand and decided they would rather privatise than see working class fans have a real say in how the club is run.
  13. @dennyc St Johnstone have already been sold in what looks to be a deal to carve up their valuable land between an American and the Browns. Ross County are a village team and are only financially viable because they are a subsidiary of MacGregor's larger business.
  14. Goss, Cornelius, Furlong and Butcher before he got injured.
  15. It was only 12 months ago that we had a team performing consistently with 9/10 outfield players at a good level plus a donkey target man. If you look at the team on Saturday you could generously say 5 reach that standard. Maintaining the standards that we have set recently isn't an impossible task. I understand why the club want to decieve the fans about how much money they spend and why Kettlewell lies and says making top 6 is punching well above our weight but I don't understand at all why supporters want to lower the bar so much.
×
×
  • Create New...