TRVMP

I mailed in on Friday afternoon (my time, so long after business hours in Scotland), when I woke up today I had a reply waiting to say my player of choice was totally sold out, Mark offered other options, I took one, he sent an invoice, and I paid it. So there's no shopping cart or anything, you do have to reach out and ask for it. But when I did so it was very quick and easy.

I don't see how debates over candidates and their salaries are inherently more dangerous now than they would be previously tbh. A deadlock at board level is always a risk when a board has multiple powerful shareholders.;

Small potatoes considering everything else going on but the shirt sponsorships are moving quickly after the repost last week. All home kits sold, just a few aways left, then some thirds. I got my purchase turned around this morning in well under an hour.

7pm Greenock Summer Time. Any MCT member can attend but must register. It looks like the online registration link is no longer working. Don't take my word for it but maybe if you show up with proof of membership you'd get in anyway, although I imagine it'll be pretty busy.

I agree that we do need a boardroom shake-up and I think if Estrella can demonstrate the expertise that they promise, their right of veto could actually be a blessing in disguise. But if they have such faith in their own abilities, they need to be the ones to put up the funds for the suggested Technical Director and the players they're after.

Yeah if that's actually true that's a non-starter. I'd switch my vote to No in that case.

I'm leaning towards a 'yes' vote but my sticking point is the part Dunning raised here: Estrella have every right to lower their proposed investment, given that the material circumstances and abilities of the club have changed from when they first gave us a figure. But I don't think it's appropriate for them to set a future share price like this. So much could change between now and then. If this goes the way they and we are both hoping, you would hope that Morton are considerably more valuable at that point, even with the stadium being ringfenced the way it is. On that subject, can you imagine if the stadium wasn't ringfenced? If the Raes had got their way, imagine who else would be floating around looking at the club right now. Doesn't bear thinking about.

This means a definite 'head coach' model BTW. If this goes ahead, a manager with contacts in the Scottish game (or elsewhere) will play second fiddle to the DoF. That's a double-edged sword. At the current moment it would probably benefit us but I can think of times it wouldn't have done.

So they, not MCT, have right of first refusal on a future share issue by GMFC?

The PropCo (which I believe is just the stadium, not the car park, which is still Golden Casket?) isn't being touched. The part that's up in the air is ongoing arrangements between the PropCo and the club over lease, repairs etc. I'm hopeful a lot of this gets cleared up on Monday.

From the outside it looks like a Brooks Mileson situation. He wants to sponsor the club, and the rest of the family wants that money staying in the family business (understandably.)

Hopefully we'll get some clarity on that at the AGM but yes, the fact that they now have to plug a gap at first team level because Dalrada reneged on their promise is a pretty big material change.

I'm going to read the full thing tonight but I am not quite as pessimistic as the email had me feeling at first. One of estrella's key selling points is that they have the technocratic expertise to run clubs successfully. I would expect nothing less than them wanting some measure of control and I frankly don't see it as a bad thing in and of itself.

They said we would get it in advance, yes, but it didn't say when. Hopefully before the day-of, but as long as it's at least a few hours before the meeting begins, that would be OK. Estrella Football Group Proposal Update Following the legal process of negotiation between Morton Club Together, Estrella Football Group and the legal representatives of both parties, details of the final draft of the investment proposal are now ready to be shared and voted upon by the membership. The final draft of the agreement will be shared via email before the AGM on 17th August. The AGM will serve as an opportunity for MCT members to discuss the proposed investment. An online vote will then be held on the proposal, opening at 9am on Tuesday 18th August and running until 5pm on Thursday 20th August. The result will then be shared with the membership on Friday 21st August, as well as a roadmap of the next steps.

We're potentially about to sign a new major sponsor/strategic partner/investor/whatever you want to call it, there's the light at the end of the tunnel ya Eeyore-faced prick.