santheman
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Posts posted by santheman
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Another day another rumour.🙄
Let's wait until we see whatever's on offer in black and white eh?
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13 minutes ago, steelboy said:
I've got a feeling if it's a deal which gives away the majority shareholding McMahon will be putting pressure on the Society board to stay neutral.
The fact it's apparently going to come down to a Yes/No decision before the Society gets any input at all is absurd. If this guy actually had good intentions he would be coming to the Society and directly asking what concerns we have rather than cutting us out.
He's already had some informal discussions with the Well Society board and I believe more are planned as things develop.
Jay gave an update over on P&B a few days ago.
Fired up another laptop and it appears fine on here - but I thought I better hurry on and post before I'm silenced on this too...
Nah, all joking aside - I've been lurking and reading the thread this week, lots of good points, and I know I've been tagged a few times. Don't want to go back and multi-quote everything, but I do want to respond to a couple of points.
Firstly, I believe @capt_oats had a few questions about the Well Society's role in the investment video - I'm going to just take the easy option here and just not answer those. It's something that the Society would respond to officially if someone sent in those questions directly by e-mail.
In terms of the current negotiations themselves, I'd just reiterate what it's in the Society statement - that the Well Society Board is not a part of those negotiations. I know there's a lot of comments and questions around why that is, and whether that's right or not, but again, I'm going to opt out from responding to that. Essentially, that's what the situation is - the Chairman & Executive Board have been discussing options with potential investors, and one of those has reached a point that all parties currently involved are happy to proceed to a next stage.
That said, it's not the case that the Society is kept entirely in the dark. I think it was confirmed at the club AGM that the Society had met with both interested parties at the time. We have also received some updates on progress and some key aspects of discussions, which I would imagine have allowed each of us as individuals to at least start to form some initial thoughts on whether the deal would be good/bad/indifferent for the club and whether members would be likely to think the deal was good/bad/indifferent for the club, but there's no collective position and we haven't had any discussions around reaching one. Basically, it wouldn't be right to do that until we were in receipt of any finalised agreement that the Chairman & Executive Board had reached with an investor and we were able to fully understand what that could mean for the club and for the Well Society.
If we reach that point, Well Society members would be balloted and, in order to make a fully informed decision, would be provided with as much detail as possible. I think it's worth flagging that any potential investor will have been told from the off that their offer would need to be cleared by Well Society members, so it will not come as any surprise that extensive details of any offer should need to be released to members. If any potential investor had a problem with that, I'd suggest they'd have been better looking into a club that wasn't fan-owned - so I don't foresee a problem in making sure members are informed when it comes to a vote.
I think @StAndrew7 has raised a question about whether Society members are club shareholders or not. The answer is no - the Well Society is the shareholder and Well Society members are exactly that, members. So it's up to the Well Society as the majority shareholder how it would vote in any shareholder vote - and it is the democratic and moral position that the Well Society's vote would be guided by its members.
Just on that too - firstly, there's no guarantees we reach a point where there's a shareholding vote or Well Society member ballot, we all know how negotiations work and things might just not reach that point. However, there's also a discussion to be had by the Well Society Board itself around how it conveys its views on any potential offer. There's obviously no automatic assumption that anybody will care what the Society Board itself thinks is positive or negative but the discussion still needs to be had around the communications that accompany any ballot, whether that's remaining neutral, providing a recommendation one way or another, providing arguments for or against, or whatever.
The last thing I'd just highlight is that, while the negotiations carry on between the Chairman & Executive Board and the potential investor, the Well Society is just cracking on with the work it needs to do as majority shareholder. No-one would expect the Society just to sit on its thumbs assuming transformational investment is on the way, instead we continue to approach things with October's refreshed Board, and the fresh approach and enthusiasm that has resulted, by ploughing on with a lot of work to ensure that fan-ownership is even stronger in the future, regardless of what happens here.
Contrary to what some people seem to enjoy suggesting on Twitter, fan-ownership demonstrably works, the previous years have shown us that quite conclusively. However, it absolutely can - and needs - to be better. The workstreams that the Society has formed have already hit the ground round with some fantastic work underway in comms, governance, events, fundraising and membership. As the comms workstream lead, I'm buzzing about the standard of contributor we've got on board (at the risk of complimenting a P&B stalwart too much
) and we've already done some fantastic work around identifying what needs to improve - a comms strategy will be finalised in the next week or two, and a return to a standalone Well Society website, that provides members with all the actual information they want and need, is already underway.
And as a whole, the Well Society Board continues to put together its own strategy and plan, for both the Society and the football club, that it is hoped members can put their faith in should the Society remain as majority shareholder. So I think at our end, we're just cracking on feeling quite positive about what we're doing - the Well Society will grow, members will find that the information and experience they've been deprived or found difficult to access beforehand is soon accessible, fan-ownership will continue to work, and I'm personally very enthusiastic that the new CEO comes into the club with a wealth of experience around income generation, following a recruitment process that the Well Society Board was heavily involved in.
So aye, not actually sure if any of that is particularly useful as such. Basically, the Chairman & Executive Board will continue to discuss things with the potential investor, while the Well Society continues the work we'd identified needed done prior to the investment video even going out - work that we're really positive about and work that we think will see growth in the Society, increased income generation in the club, and a platform to take the already-working fan-ownership model at Fir Park, and make it better. Of course, the perfect addition to that is positive investment that works for both the football club and the Well Society, and so if that is what comes from these negotiations, then that will be a further thing to be positive about.
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16 minutes ago, wellsince75 said:
Im not sure its about form. It's more teams have sussed him out and attack the obvious weakness..
He's a very good shot stopper but poor with crosses, particularly in the 3-6 yard line.
It's poor management that knowing our captain can't deal with crosses we've not added centre halves Feels like an age since we had likes Aldred, Hartley or Gallagher who all gave much better protection.Very true but for all we know maybe he tried to sign another centre half in January but it was just that none were available, we'll probably never know.
My memory isn't as good as it was but I don't remember him being particularly shite at crosses in his first season with us but maybe he was?
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19 minutes ago, wellfan said:
We could get a goalie who would consistently make the same mistakes as Kelly but be on half his wages, and that would be about right for our level. However, we've been paying a premium for an average product for a while now, and it's likely prevented us from being able to strengthen the squad elsewhere. He's also been undroppable because of his high wage and captaincy. He needs to move on or be moved on at the end of his contract because I don't see him accepting a pay cut.
Going on his performances this year I dont see many "bigger" teams desperate to sign him so he might end up having to take a pay cut regardless.
Whether that would be with us or another team is another question but probably best for him to move on to pastures new and try to rediscover his early form.
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That 90mins probably summed up our whole season.
A complete roller coaster of a ride going through every emotion under the sun from despair to elation.
Currently enjoying a pint with some Dundee and Dundee Utd fans in Dundee city centre and what they're saying about their teams could be lifted straight from our forum.
One thing I've learned from today is never to post anything during a game because it will inevitably come back and bite you on the arse.
MJC Yodo and Steelboy take note🫠
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My guess is going by what the Dundee fans are saying that the pitch is currently borderline and with the rain off and strong winds theyre hoping that will be enough to dry the pitch out before 1pm.
If it works(optimistic)then game on if not there's going to be a lot of heavy flak going their way.
As usual it's the fans who are the losers.
Edit to add Just saw a video on P&B of the referee trying to bounce a ball on something resembling a beach. Can see why he wants another inspection before making a c**t of himself.
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17 minutes ago, weeyin said:
We were hit by the earthquake today and zero games have been cancelled.
Just sayin'
Aye but was it raining.
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Strikes me as someone who won't be taking any prisoners when it comes to standing up for what he thinks is best for the club and its fans.
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10 minutes ago, bobbybingo said:
According to Caldwell, Saturday at Dens or rescheduled for a later date. No Sunday, Monday or alternative location is acceptable.
Quite a good interview.
Don't imagine he's the type to take many prisoners by the sounds of him.
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11 minutes ago, texanwellfan said:
Covid?
edit: sorry, didn’t see other posts from fellow smart asses before I replied.Should have said in a normal season.
Note to self. Engage brain before mouth.
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1 hour ago, steelman1991 said:
You not around during the Covid seasons
I meant other than that (should have been clearer)🙃
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18 minutes ago, steelboy said:
People seem to be very excited about the connection to a household name brand in Netflix when he hasn't actually worked there for a number of years.
There is definitely a PR campaign running in the background here with the emphasis on the bid coming from a 'family' which always has positive associations rather than say 'producer of straight to TV movies'.
Don't think anyone's excited per se, more curious than anything and the fact that he has an interest in football and seems to be reasonably well off with good connections makes the proposal a bit more interesting than some random who knows nothing about the game.
As always the devil's in the detail and I'll reserve judgement until that becomes clearer.
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Can anyone remember an SPL League game ever being played behind closed doors.
I certainly can't.
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11 minutes ago, bobbybingo said:
Stuck on a bus, so....
The only name I recognised from his productions on IMDb was Paul Higgins from Wishy, who played the - funnily enough - Motherwell born, Al Jolson fan sidekick of Malcolm Tucker in The Thick of It. Mibbe he told him to invest or he'd remove his iPod from its tiny nano-sheath and shove it....
Busta over on P&B has given a full blown breakdown of him.
Can't be arsed copying but well worth a read and explains where his interest in football comes from.
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6 minutes ago, Spiderpig said:
Aye the Netflix mini series about our rise to premiership and champions league sucess will be getting planned as we speak " Steelmen the road to Glory" available to stream soon. 😂
Aye it will be interesting to find out what his motives behind the offer are.
Doesn't appear to have any sporting interests in his past that you can find online so maybe you're on the right track with a media angle.
Would like a swatch at the contacts on his phone, Hollywood's elite no doubt.
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19 minutes ago, steelboy said:
I'd like to see someone ask big banker McMahon if it's legal for a chairman to pay for a marketing campaign suggesting a business has cash flow problems during a takeover.
If we were a listed company then it would highly illegal but our ownership model is bespoke so who knows.....
There's a big difference between having cash flow problems and looking for inward investment.
And there's nothing illegal in what McMahon did so chill oot and wait to see whats actually being offered.
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53 minutes ago, wellfan said:
Check the forecast for Dundee and, like me, you'll be convinced that this game will be called off.
Dundee forums saying there's a cat in hells chance of it being on.
Ground is already saturated and standing water all over and more rain forecast for the rest of the week.
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1 hour ago, Shrews Exile said:
There is no public proof. We had our accounts released last week. We lost £3m last year. £800K over budget and circa £500K unusual admin costs. Brian left days before the season ended and then we also sacked the manager who gave us ur 2nd highest finish on over 30 years. Both were like heroes up until their sudden departures, Something catastrophic went wrong, I only posted to question your clubs due diligence. I would have thought just a phone call to our club might have been all it took but just concerned thats all. As I say I wish you good luck. There was quite a lot of speculation on a Shrewsbury message board but I cannot remember the name but it's the biggest one and there is something very recent about the accounts.
Think about it logically mate.
Unless someone has been smuggling sackfulls of cash out the back door everything is transacted through bank accounts which requires a minimum of 2 authorisations for cheques and electronic transactions, but more likely 3 and 2 of them would be board members so virtually impossible to hide money trails unless they were all in on some kind of scam which seems to be the basis of the rumours on your fan forums. Amazing how many wannabe accountants there are on them.
Maybe if your club didn't spend as much of your turnover on player salaries then you wouldn't have made the losses you have and try to point the finger and sully a guys reputation.
Have a look at Kieran Maguire on X who gives a good insight into your clubs accounts.
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38 minutes ago, bobbybingo said:
Yeah, read a good few Beith fans saying he sticks out a mile. Be great to see him get a chance - looks like his contract's up in May, though.
I'd like to think he'll be one that Kettlewell wants to keep but wouldn't be surprised if he's on the radar of some of the lower league teams.
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35 minutes ago, bobbybingo said:
Wilson seems to be doing well at Beith Juniors. He got man of the match against Auchinleck on Saturday.
Mate was down at the game (Auchinleck fan) and said he was head and shoulders above anyone else on the park. Far too good for that level but appreciate its the only place he could go out on loan.
Hopefully he pushes on to at least be a regular on our bench next season or even a starter
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19 minutes ago, wellfan said:
A midfield of Campbell and Miller would be worth the season ticket cost alone, but I don't see that happening in a million years.
I hope he gets back on his feet after his horrible loan spell at Millwall. When does his contract expire with Luton?
Think it expires at the end of this season.
Imagine he won't be short of offers.
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What a crock of shit.
Working from home for 3 years and deleting electronic evidence?.
Presumably he also conned the club's external auditors into signing off the accounts with the alleged missing 750k or maybe they're also in on the "fraud".🤑
More holes in the story than my fishing net and more like spending money they didn't have.
Anyone interested there's a good thread over on P&B on it.
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All the ones moaning and groaning had better get used to it because he's here next season whether you like it or not.
I'll judge him on his summer transfer dealings and whether he manages to persuade the players he wants to keep to sign up..
The reality is our League is shit , the quality of available players is dropping and no-one can work miracles.
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2 hours ago, Alpha1886 said:
After Patterson’s performance last night, SOD should cancel any summer holidays and prepare for a recall. The ex-R##### made more errors in each half of the game than SOD made in total in all his appearances. But haven’t heard mention of it anywhere.
Thought Brodie Spencer kept the Golden Boy quiet all night.
A tactical masterclass by O'Neill on how to counter Clarkes set up.
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New Investment Options
in Club Chat
Posted
They might have had in the past and rightly so but with the election of the new WS board members, what I know of them and what I've heard so far convinces me that we've now got good people on board and they have finally got their act together. One of the board members Jay has posted several insights on P&B to what has been happening behind the scenes so well worth a look. They're actual facts straight from the horses mouth and not some of the pish being spouted on here by a certain person.
All the rumours and conspiracy theories being banded about on here are just that, and NOTHING will happen without the agreement of the WS members who will all be privy to what final offer (if any) is on the table before being asked to vote on whether to accept it or not.
I doubt anything that doesn't guarantee the WS retaining 51% would succeed unless it was something absolutely spectacular akin to a Euromillions win.
I for one would laugh the "rumoured" 1.5m offer for 51% out of the park and so would anyone else in their right mind.