Malt Posted May 3, 2019 Share Posted May 3, 2019 The survival of the club? Link to comment Share on other sites More sharing options...
RealTonKid Posted May 3, 2019 Share Posted May 3, 2019 For those at the Q&A will recall he said that he could NOT speak on behalf of the other GC board members, however if there was "significant investment" he would advise the GC board to write off the debt.. It would’ve been nice to have read the minutes from the Q&A session. Link to comment Share on other sites More sharing options...
TONofmemories Posted May 3, 2019 Share Posted May 3, 2019 Well, maybe if Crawford didnt stop them being circulated we would all have been able to have a look at them. Alas, Morton gonna Morton TIME FOR CHANGE! Link to comment Share on other sites More sharing options...
TONofmemories Posted May 3, 2019 Share Posted May 3, 2019 No idea. I presume it was recorded. The SLO wasnt there TIME FOR CHANGE! Link to comment Share on other sites More sharing options...
Deego Posted May 3, 2019 Share Posted May 3, 2019 Think Brendan was taking notes. Link to comment Share on other sites More sharing options...
irnbru Posted May 3, 2019 Share Posted May 3, 2019 Think Brendan was taking notes. What was that you were writing then? Link to comment Share on other sites More sharing options...
TONofmemories Posted May 3, 2019 Share Posted May 3, 2019 What was that you were writing then? His next posts for steve/betee TIME FOR CHANGE! Link to comment Share on other sites More sharing options...
Malt Posted May 3, 2019 Share Posted May 3, 2019 What was that you were writing then? A list of The Smiths greatest hits? Link to comment Share on other sites More sharing options...
irnbru Posted May 3, 2019 Share Posted May 3, 2019 Unfortunately, as long as GC hold more than 50% of the shares, they'll decide exactly what goes on in the club, nobody else. No, 25% has enough significance to hold them to account and have an impact. It might not make them the decision maker but if there are bug issues and they are clear on where they stand/ where the majority shareholder stands then if nothing else it gives the fans something concrete to complain about along with the transparency people are asking for. Link to comment Share on other sites More sharing options...
TheGoon Posted May 3, 2019 Author Share Posted May 3, 2019 So he wasn't writing anything then. Mods. Link to comment Share on other sites More sharing options...
vikingTON Posted May 3, 2019 Share Posted May 3, 2019 No, 25% has enough significance to hold them to account and have an impact. It might not make them the decision maker but if there are bug issues and they are clear on where they stand/ where the majority shareholder stands then if nothing else it gives the fans something concrete to complain about along with the transparency people are asking for. No, 25% would account for all other shareholders, not MCT itself as the scheme stands currently. The idea of another minority shareholder like GMST doing anything to hold the custodians of the club to account is given lie by the fact that the entire debt was run up on their watch while they did and said nothing, just like their response to every commercial, administrative and PR fuck-up that's occurred at Cappielow over the last two decades. If GMST has any assets left then perhaps it should dissolve them and pledge them to an organisation that might have some credibility with the fanbase. The site is supposed to be a place for the extended 'family' of Morton supporters - having an affinity with people that you don't know, because you share a love of your local football club. It's not supposed to be about point scoring and showing how 'clever' or 'funny' you are, or just being downright rude and offensive to people you don't know, because you can get away with it. Unfortunately, it seems the classic case of people who have little standing/presence in real life, use this forum as a way of making themselves feel as if they are something. It's sad, and I've said that before.. So, having been on Morton forums for about 15 years I guess, I've had enough... well done t*ssers, another Morton supporter driven away. You can all feel happy at how 'clever' you are Link to comment Share on other sites More sharing options...
HamCam Posted May 3, 2019 Share Posted May 3, 2019 Is the danger not that this money will simply be used by existing shareholders to reduce their contributions? The debt will still rise and all MCT will have is a minority stake of 15% Link to comment Share on other sites More sharing options...
rex manning Posted May 3, 2019 Share Posted May 3, 2019 Fuck me sideways. Are you writing off the debt or not GC? If they aren't and wont sustain our losses then we are in pretty dire straights and 15% of the shares for 400k isn't making that go away. I want a pretentious signature too. Link to comment Share on other sites More sharing options...
vikingTON Posted May 3, 2019 Share Posted May 3, 2019 What contributions? It's a quest for break-even and hotshots like Dylan Dykes playing from next season, that has already been made quite clear. The site is supposed to be a place for the extended 'family' of Morton supporters - having an affinity with people that you don't know, because you share a love of your local football club. It's not supposed to be about point scoring and showing how 'clever' or 'funny' you are, or just being downright rude and offensive to people you don't know, because you can get away with it. Unfortunately, it seems the classic case of people who have little standing/presence in real life, use this forum as a way of making themselves feel as if they are something. It's sad, and I've said that before.. So, having been on Morton forums for about 15 years I guess, I've had enough... well done t*ssers, another Morton supporter driven away. You can all feel happy at how 'clever' you are Link to comment Share on other sites More sharing options...
vikingTON Posted May 3, 2019 Share Posted May 3, 2019 Anyway I see that the guy will be on Off the Ball tomorrow to talk about the scheme as well. The site is supposed to be a place for the extended 'family' of Morton supporters - having an affinity with people that you don't know, because you share a love of your local football club. It's not supposed to be about point scoring and showing how 'clever' or 'funny' you are, or just being downright rude and offensive to people you don't know, because you can get away with it. Unfortunately, it seems the classic case of people who have little standing/presence in real life, use this forum as a way of making themselves feel as if they are something. It's sad, and I've said that before.. So, having been on Morton forums for about 15 years I guess, I've had enough... well done t*ssers, another Morton supporter driven away. You can all feel happy at how 'clever' you are Link to comment Share on other sites More sharing options...
TRVMP Posted May 3, 2019 Share Posted May 3, 2019 Hi everyone - hopefully this works as I've never been on this or any other Forum in my puff! ... Graham Thank you Graham for that detailed post. (I've cut it out for space reasons but I did read it all.) I'm especially heartened by the fact that you're bringing together qualified individuals to make sure the sums add up and everything makes financial sense. My main fear was that this was a well-meaning amateur operation that would ultimately just be giving GC money for old rope, but I'm now reassured that this isn't the case. As such, I've decided to pledge a small monthly amount and may revise it upwards in future if this really takes off. Thanks again. Link to comment Share on other sites More sharing options...
TRVMP Posted May 3, 2019 Share Posted May 3, 2019 Fuck me sideways. Are you writing off the debt or not GC? If they aren't and wont sustain our losses then we are in pretty dire straights and 15% of the shares for 400k isn't making that go away. I regard that as GC's problem and not MCT's. Not saying you're wrong to be asking here, since it is a core part of MCT's pledge, but GC's mixed messages on this have been their fault and their fault alone. Link to comment Share on other sites More sharing options...
irnbru Posted May 3, 2019 Share Posted May 3, 2019 Fuck me sideways. Are you writing off the debt or not GC? If they aren't and wont sustain our losses then we are in pretty dire straights and 15% of the shares for 400k isn't making that go away. I don't really get your point here. Are you saying they should sustain losses? As for whatever they do with shares if this takes off, that's going to need negotiatated and discussed. If they came out and said something that didn't go ahead it would potentially have an impact in their own shares. MCT have their aims and broad support from the other stakeholders but until they have firm agreements in place GC won't be making any statements and I don't think anyone should expect them to. Link to comment Share on other sites More sharing options...
TRVMP Posted May 3, 2019 Share Posted May 3, 2019 Yes, GC should be covering the losses that they're responsible for creating. Weird how they get to have it both ways, though. When the Raes were spunking 'their' money on all manner of waste, we owed the club's entire existence to them. Now that they don't want to, it's time to be hard-nosed and say it's preposterous for them to invest in a loss-making business. Must be nice to be able to play both sides like that! Perhaps with fresh blood in the boardroom such calumny wouldn't go unchallenged. Link to comment Share on other sites More sharing options...
irnbru Posted May 3, 2019 Share Posted May 3, 2019 Yes, GC should be covering the losses that they're responsible for creating. Weird how they get to have it both ways, though. When the Raes were spunking 'their' money on all manner of waste, we owed the club's entire existence to them. Now that they don't want to, it's time to be hard-nosed and say it's preposterous for them to invest in a loss-making business. Must be nice to be able to play both sides like that! Perhaps with fresh blood in the boardroom such calumny wouldn't go unchallenged.It wasn't GC though, it was Dougie Rae. Unfortunately for us, it's not a one man show now and there's other shareholders who's priority is their business and its staff. It's covering old ground but my feeling is the 3 year plan was continuing leaning on GC for that period while trying to increase revenue elsewhere, get promoted and cut it off then. It's not the nicest thing to say but Dougie died too early for them to do that, i.e. while Crawford still could without outside influence. There's obviously a strong argument that a gamble shouldn't have been made and they should have managed that risk but they didn't and the relationship with GC is totally different now. Link to comment Share on other sites More sharing options...
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