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Attended the Well Society AGM tonight online. Biggest take away was the explanation re outside investment. Its been put on hold for now until the Society and Club can get their houses in order. It was felt that the previous board embarked on a search for outside investment without the club being on a sound footing financially and without actually knowing what the outside investment would look like or what it was for. Martin Grey gave the analogy of going into Dragons Den looking for investment saying that we were skint, didnt know how much money we needed and that we didnt know what we would do with it when we got it. No surprise that the only offer that turned up was Barmack. Im summarising, but he said that both Society and Club Boards are still open to outside investment but before proceeding down that line we need to get all our governance issues in order so that the club is steuctured priperly, do what we can to grow the club organically and get a proper valuation of the club so we are in a much stronger position when we go looking for that investment Greg Anderson also advised that there are 2 more strategic partnerships in the pipeline following on from the successful collaboration with Social Jungle over the Well Society App. He wasnt able to provide further detail on those at present. There was some discussion surrounding how the Society operated in the past and the changes that have taken place in the last 7 months to ensure that Society Members have a voice and are no longer paid lip service. There was also discussion around the closer ties and enhanced communications with the club board. I left the meeting feeling that it was still early days for the new Society and Club Boards but many improvements have been made, with a lot of work still to be done. Ultimately it feels like things are heading in the right direction and that lines of communication are now open.

Do you think a football club should live outwith its means? If not, it doesnt matter whether the club is fan owned or not. Its the job of the club board to raise and expand existing revenue streams so we have a bigger budget to work with. We have a new chairman, directors and a CEO to deal with that. Its the Society's job to generate sufficient cash reserves to ensure that should the time come we have a big enough overdraft facility to satisfy the governing bodies and deal with any shortfall from operational revenues (apologies for any clumsy terminology, Im not an business person). Any investor is looking for a return on their money, its not free cash. Thats why Im 100% against any investor having majority control of the club as they could literally bleed us dry. Nothing wrong with encouraging investment thats a win win for the club and investor, but thats a whole lot more difficult to find. I would have thought after last summer we might have put all this kind of chat to bed. Its been less than 12 months since we saw off Barmack. Look at the changes that have occured structurally at the club during that time. I think those responsible need a little bit of credit for that and maybe a bit of support in moving onto the next phase?

The " Bowling club" analogy is a perfect description of the WS, creditable fundraising and community efforts but not equipped or capable of identifying or securing significant investment. As has been said many times our fanbase is not large enough and never will be to realise true fan ownership, the WS is a piggy bank fund to help the club financially as required. This is great but I can't help thinking that the main criteria any potential investor is looking for is control of the club for their cash, which they won't get with the WS. So for me as a non Member the fundraising is good, but the WS identifying and securing additional significant investment is not going to happen

This looks like a fun day was held at Fir Park. Up the Well!

Im not picking on him on any level nor am I scapegoating him for yesterdays performance. I also said maybe he couldn't have saved it. That's not picking on him. He's been tremendous in some games - but I don't think there's anything wrong with saying now that Aston is fit again maybe give him a game. Aston was our goalie before he broke his thumb so obviously there's going to be competition for the jersey.

You may hurt his feelings. He's a sensitive lad. Lol 😂

They've posted about where they stand on investment on their Facebook page. It's in the link for sign up to tonight's AGM. Not actively seeking it, not against it but seems that they are concentrating on trying to raise the million - and more if they can