TRVMP

The entire point of majority fan ownership is to safeguard the club's future, and I'd be telling anyone who makes such a paltry offer as this for 51% to get stuffed. The entire point of majority fan ownership is to safeguard the club's future, and I'd be telling anyone who makes such a paltry offer as this for 51% to get stuffed. 12k a month from a consortium is a complete fucking embarrassment. If that's anywhere near true it's an absolute riddy.

Absolutely nothing against the likes of O'Toole but signing a guy for the first team squad then punting him out to the fifth tier just isn't serious management.

2 is what we've been doing since the Bosman rule through to MCT and it works as long as, and only for as long as, the checks clear at the bank. 3 is what we did for the last few years. We got off to a great start in no small measure due to favorable cup draws (and Dougie's steering us through the early rounds often enough.) Again, it works as long as the checks clear. When they don't clear, we're in an absolutely grave position. Short of selling the club completely, and to whom that would be I don't know, 1 is the only option that gives us a chance at long-term survival, although that depends in huge part on the future of the ground, which grows more precarious each year. I think with the amount of money currently on offer in Scottish football, thinking that we'd be anywhere near the Championship on a break-even MCT model is very ambitious. We'd do well to get the League One playoffs most years. And I think that outcome is absolutely fine if the alternative is what's happening now.

If the offer is truly too good to be true, sure.

Without Cappielow, we - the owners - have exactly one valuable asset, which is SFA/SPFL membership. Cappielow is expensive to maintain. Cappielow's owners, to cover such maintenance, would charge us rent. I can't see how anything but insolvency would result from that on a long enough timeline.

I maintain that administration, relegation, and a clean slate on a vastly stripped-back model is preferable to gambling the existence of the club itself on 8th place Championship finishes each season.

Watching on Paramount+ and of course Morton's "major financial issues" and "massive financial issues" are front and center.

Murray has no excuses now btw. That's a strong bench and a strong XI, by the standards of a lower-half Championship team.

So the consortium is real, interesting. I wonder what the terms of investment are beyond two seats on the club board.

That makes sense, yeah. In a way this has worked out "well" for MCT and GMFC as individuals and board members because the many, many failings of the last couple of years have been dwarfed by this massive Estrella crashout. They've somehow managed to make the incumbents look reasonable and skilled.

The only way to reconcile the "we're in negotiations" "no we're not" is if McLennan is using the informal definition, where they're just talking about how to resume things, and if Estrella are using the formal definition, where there's things like an NDA, a roadmap, a diligence period etc. It's either that or somebody's lying. Either way, looks like Estrella have pulled out for the second time.

The question will be who wants to buy it and why. While we do retain Cappielow it's not risk-free. Cappielow requires a lot of upkeep. It's all too easy to imagine a Clyde or Hamilton situation where terms can't be reached between the club and the stadium company.

We're going to get horsed

A few people, I think, got taken in by the idea of being the right hand man of a global club ownership conglomerate, and they're now left hanging out to dry as a result. Hope it was worth it, guys.

I've sent in mine as well, FWIW.