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Showing content with the highest reputation on 04/01/2025 in all areas

  1. 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?
    4 points
  2. We’re in safe hands with the current Club and Well Society boards. https://thewellsociety.uk/2025/03/29/progress-and-priorities-our-pre-agm-report/
    3 points
  3. I think before this turns into a binfire, its important to stress that support for the Well Society and fan ownership doesnt have to mean that you can see no wrong in them or that there isnt anything that can be done better. Similarly, being pro investment doesnt mean that you think all investment is good. FWIW, I was a little concerned by the Society's change of position on investment in their recent pre AGM blurb. However, that point was addressed at the AGM and I left feeling more re-assured by the response. Its not that the Society Board or Club Board are turning their back on outside investment, they just think there is more that can be done within the club currently to grow revenue from within and put structures in place that will attract better offers of investment. That seems emminently sensible to me. I also dont think there is anyone on the WS Board or Club Board that think they have all the answers. I think anyone with vision or a particular skillset that could help the club progress in those areas would be welcomed. Hence my highlighting of the upcoming vacancies on the WS Board......
    2 points
  4. It’s the same individuals seduced by the vacuous mathematical gymnastics presented by Erik ‘AI’ Barmack and supported by the three harbingers of doom (McMahon, Dickie & Feely).
    2 points
  5. Some of you are living in cloud cuckoo land.
    2 points
  6. Apparently the St Johnstone groundsman was parading about Easter Road after their game on Saturday with a Hibs top on.
    1 point
  7. As I mentioned earlier, for those seeking a significant investment, I’m genuinely curious to hear your thoughts on the following: "What kind of return on investment do you believe is realistic when putting money into a club like Motherwell?" This isn’t a loaded question, nor is it meant to catch anyone out.
    1 point
  8. That's not what I said, the comparison was due to the fact that they went through an American investment proposal at a similar time that we did. The last sentence of my post was aimed at the people (not aimed at you) that seem to believe that we need investment at any cost, there is room for investment but it needs to work for both parties. I don't think anyone is suggesting that they're reinventing the wheel however they should be given credit where it is due for making more of what is infront of them, some thing that the previous board failed to do.
    1 point
  9. It's worth looking at how the Americans at St Johnstone are getting on, selling their stadium naming rights and only announcing it via the CEO's linkedin page at midnight, selling 3/4 of the stadium to the OF (moving ST holders, without consulting them) allowed there pitch to be massacred by a guy that has now pranced about Easter Road in a Hibs top after a 3-0 loss. But aye. Well Society bad, investment good.
    1 point
  10. 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.
    1 point
  11. Probably not as big as there would have been if we had got a decent result on Saturday. But all us happy clappers will be there so come along and have a glass half full of whatever we are having! 😉
    1 point
  12. I said chance of top six. I didn't say we would get it. Still take 8th ahead of 11th
    1 point
  13. Ah well, the positivity didn't last long. Look it was a bad day on Saturday but fact we are still in with chance of top 6 is great as we were in freefall before Wimmer took over. It's just case of getting safe and rebuilding for next season. Getting Slattery an extension is a great start to that as he has been immense since coming back. COYW
    1 point
  14. 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
    1 point
  15. We have zero chance of top six. We are not getting six points from the games against Killie and Hearts. It’s just not happening.
    0 points
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