MCT notice of extraordinary general meeting - Page 6 - General Morton Chatter - TheMortonForum.com Jump to content
TheMortonForum.com

MCT notice of extraordinary general meeting


port-ton

Recommended Posts

1 hour ago, vikingTON said:

It's not actually my job to answer a question that was addressed over an hour and a half at an EGM. Thanks for playing anyway.

You're fooling absolutely no-one btw. 

So, you don't know the answer is what you're telling me. That's ok I get it. I don't think anyone does know the answer as it just doesn't make sense, that's what should be more concerning not the who you think I actually am.

The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
Link to comment
Share on other sites

  • Replies 103
  • Created
  • Last Reply
1 hour ago, 9 Strathblane Crescent said:

So, you don't know the answer is what you're telling me. 

If you're too thick to read for comprehension, perhaps. 

Meanwhile however, back in the land of reality, the reasons were spelled out at an EGM that you attended and a decision was made by the membership. That you don't agree with that decision is irrelevant.

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

21 hours ago, 9 Strathblane Crescent said:

It's only tedious if I was in attendence, you're making the wrong assumption on here as do others. So I'll ask the same fikin question again. Or can you not answer as like me you weren't there?

Why would anyone/company buy 5% of shares in a company with no assets and has only made a profit once in 20 years and commit to matching MCT contributions for x years which could end up costing them more than the 10% as MCT shareholding is diminished to 50.1%?

Why go to all that bother of purchasing shares that are pretty much worthless when you could just sponsor the club by matching 10% of MCT contributions for x years? Are there positive tax implications for investors?

As was explained at the EGM - which if you're who I think you are you did attend, although you may not have heard the answer as you were too busy conducting your own conversation which led to other attendees having to ask you to keep it down so they could actually hear the meeting - some people just want to invest in football for emotional/irrational reasons.

If they want to invest far more than the shares are worth so they can massage their egos by saying "I own X% of a football club and contribute £Y to the budget" that's clearly a stupid decision on their part in business terms. It doesn't make it a bad thing for the club or mean that everyone doing so has a nefarious ulterior motive, and MCT can have safeguards in place to guard against anyone who does, such as a retaining a minimum shareholding to ensure that one investor could never for example launch a hostile takeover.

Brian Wake my Lord, Brian Wake

Brian Wake my Lord, Brian Wake

Brian Wake my Lord, Brian Wake

Oh Lord, Brian Wake

 

Link to comment
Share on other sites

  • 1 month later...
On 6/8/2022 at 4:15 PM, 9 Strathblane Crescent said:

Why would anyone/company buy 5% of shares in a company with no assets and has only made a profit once in 20 years and commit to matching MCT contributions for x years which could end up costing them more than the 10% as MCT shareholding is diminished to 50.1%?

Why go to all that bother of purchasing shares that are pretty much worthless when you could just sponsor the club by matching 10% of MCT contributions for x years? Are there positive tax implications for investors?

 

 

 

I hate to say it but I told you so. Looks like another of Ritchie's wet dreams. Time he found another hobby.

The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.




×
×
  • Create New...