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Morton Club Together Updates


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I wouldn’t want him or Danny Goodwin to be in any sort of position within the club that they could be offering advice or making decisions. They’re not the only two, but good examples of Morton fans that you wouldn’t allow to run a ménage.

Both intelligent men but I don’t trust them. Danny Goodwin looks like a deputy head master, and Scott Gillan looks like a clown without makeup!

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I have not read all of the questions but I would

Like to know how much would need to be invested in order to have a majority stake in Greenock Morton.

 

How do they plan to keep fans enthused and motivated if it goes tits up on the park?

 

Have they considered that they may get 15% but there could be a share issue which could dilute their holding?

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Hello everyone and thanks for the questions

 

There are a few questions as you can see and we'll work through them as fast as we can, starting with the earliest first (starting last night)

 

Seems the fairest way

 

We'll aim for the hour and hope to complete for now 

 

Anyone can tweet questions, and email us at pledges@mortonclubtogether.com

 

Cheers

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Apologies for the delay, we've had a few technical issues. Graham is currently typing responses to the questions in chronological order, and will be typing responses shortly. We will extend the event until around 9.30pm to ensure Graham answers as many questions as possible.

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Primary objective is to invest in the GMFC first team in the next two seasons

 

We've got a legal and charity expert working on the share structure. Having met with Hibs and St Mirren supporters groups every club appears to have done this differently. Whatever is recommended as the best solution will be run past pledgers and we will go ahead with the consensus.

 

MCT itself will be a legally constituted social enterprise/non profit. Again the same expert is recommending the best structure to deliver what MCT is trying to deliver. The Board of MCT will be legally responsible. The Board will be constituted from the Leadership Team (LT) currently made up of around 20 volunteers. Whether the Board is appointed through formal election depends on the legal structure.

 

Money back is an important issue and being covered by the legal expert, as this is part of their brief. What I can say is that I will insist that anyone paying a 24 month Direct Debit will be able to stop this. MCT will not chase people for money they don't want to pay.

 

MCT is not the GMST. MCT has been/is being set up to deliver this current project.

 

Timescales for the above is tight in order to enable first payments to GMFC in July 2019.

 

We are working very hard to deliver this.

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Allan McGraw and George Anderson are member of the MCT Leadership Team.

 

They are actively informing the MCT LT and the project in general.

 

We'd expect them to continue to be involved after the initial investment, as their knowledge is important as we wish to challenge the GMFC Board and add value to the outcomes they deliver.

 

Everyone adds their own piece of specialist knowledge and the idea of the LT is to take these pieces of knowledge and put them together into a winning project.

 

Everyone who supports MCT is very welcome, whether they wish to volunteer their services or not

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Guys - I'm not normally this slow. My typing and the IT is slowing me down!

 

Other investors we'll ask about prior to making any investment.

 

We believe that as the poposed second largest shareholder in GMFC, we believe where legally possible, we ought to know who actual or possible investors could be

 

We believe as stated on our porposition that there should be at least a 15% community ownership in GMFC moving forward no matter who else wishes to invest in the future

 

Yes, our structural planning for MCT includes a brief to set out how we will ensure a robust democracy for MCT pledger/investors. We will share this with pledgers when it is ready. I can't emphasise enoughhow important this is for me personally. I have said we will have a robus democracy and we will. important MCT and GMFC decsions will be voted on by our investors

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Allan McGraw and George Anderson are member of the MCT Leadership Team.

 

They are actively informing the MCT LT and the project in general.

 

We'd expect them to continue to be involved after the initial investment, as their knowledge is important as we wish to challenge the GMFC Board and add value to the outcomes they deliver.

 

Everyone adds their own piece of specialist knowledge and the idea of the LT is to take these pieces of knowledge and put them together into a winning project.

 

Everyone who supports MCT is very welcome, whether they wish to volunteer their services or not

 

What value exactly does Allan McGraw add?

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AWMSC

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Our target remains £400,000. I still believe we will hit it. Then again I also believe Morton will win a major trophy in my lifetime!

 

If we reach the target it makes MCT and all of us so much more influential.

 

We want the £2.5m written off. We want Morton to gain promotion. We want MCT to be repserented on the GMFC Board

 

If we don't hit the target, we will cut our cloth to suit. First step will be to ask pledgers what they want to do.

 

Currently we've just had our 250th pledger and we are a whisker off £100,000. To put this in perspective, The Killie Trust raised a total of £100,000 and it took them a lot longer than 3 weeks! we've already shown that we can beat Kilmarmock....the way we used to do every time we played them!

 

To answer the question, our intention is that we will cut our cloth to suit.

 

If pledging stopped now, £50,000 a year for the next two seasons would top up the wages of a few players or be enough to bring in a top one for the side.

 

Please keep pledging!

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It's no secret who is involved and we've announced on twitter who the players in the MCT LT are

 

Due to the time deadlines to maximise pledges, we've not had a chance to fully update the website with full details

 

Please look out for this

 

Everyone is a volunteer and this is entirely down to time contraints and a tight dealine for raising the pledges

 

Any new volunteers please contact me via the MCT email

 

As stated, the MCT Board, when constituted will be legally responsible for MCT and this requires registration and various other legalities which will be met

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The Morton Board makes decisions on how monies are spent, including our proposed investment

 

We are working on a written agreement which will require to be finalised before we invest a penny

 

This will insist that Hopkin/The Manager does receive every penny, unless the majority of our pledgers don't want this to be the case

 

Mr Rae has already publicly stated that this will be the case and as the representative of the 90+ % shareholder, he effectively controls the GMFC Board

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