A big thank you to those of you that joined us in person and on Zoom for our 2021 AGM on Monday evening. We’re looking to host more events across the next year, not to mention finally getting a date in for our postponed sportsmans dinner that many of you are confirmed to join.
This week’s update is a summary of the past year of Morton Club Together coupled with some updates from the AGM itself.
The past year has been a successful year overall for Morton Club Together, with several important moments and milestones. Naturally our highlight was on the evening of the 8th of July 2020 when it was announced to members, and the wider public, of the in-principle agreement to transfer the ownership of the club from Golden Casket to MCT.
The time since has seen MCT play a growing role at the football club, as we looked to gain an understanding of how a professional club is run within the Scottish game.
Some of our key highlights of the past year include:
Membership increasing continually and breaking through the 800 barrier – now sitting at 859 which is a fantastic number.
Maintaining and increasing contributions to the club to over £100,000 – again, this is set to be £120,000 over the 2021/22 season, a hugely significant sum.
Selling 240 facemasks resulting in a £700 donation to Belville Community Gardens
Consulting with members and being able to significantly improve our initial takeover deal to ensure that Cappielow is within the ownership of the club. The strength and volume of engagement from members was crucial in this process – we received over 500 responses during this consultation.
Making strides towards beginning to change the club culture to embrace aiming for a break even budget and a sustainable future.
Launching two new strips including our commemorative, sponsorless 1922 cup final kit – sales of these two strips have been positive to date.
Being on the brink of completing community ownership – while we’d love to say that deal is now completed, we continue to work towards ensuring all boxes are ticked and hope to have positive news soon, until then we will continue to update you weekly.
Supporting the recruitment of the club’s new General Manager, Chris Ross.
The past year has been significantly impacted by Covid as well as some periods of turbulence within the club. We certainly do not think that there could be a more trying time to be involved in learning and ultimately leading the running of a professional football club. Therefore, it’s important to say how incredible your support has been in achieving what we have against an extremely difficult backdrop. As has always been said, MCT’s strength is in its members and over the past year we have had many members help the club through contributions and the selfless devotion of time to ride out this difficult period. It's easy to forget that this is just our third year in existence. We've come a long way but there's still a lot of hard work to go to keep moving Morton forward.
We’re delighted to announce that three new directors have been voted onto the MCT board. Aidan Tracey, Sam Robinson and Chris Samson will work alongside Graham McLennan, Gordon Ritchie and Stewart Farmer to bring new impetus and fresh ideas to drive MCT’s future success. 192 members voted and the results were as follows; Aidan 77.43%, Sam 83.33% and Chris 84.33%.
We’d also like to take the opportunity to thank Graham Barr and Ivor McCauley for their dedication to MCT over their time as directors, as they step down from the board. Their hard work has helped us get where we are today and we look forward to continuing to work closely with Graham in his place on the club board, and Ivor will continue to be a valued MCT member.
The other official AGM business on the night was voting on the proposed amendments to MCT's articles. Here's the information on the votes for both.
Add para 4.4 “Shares in Greenock Morton Football Club Ltd, owned or controlled by the Company, may be sold or disposed of at the discretion of the directors of the Company subject to the following restrictions:
a) the approval of a General Meeting is required if the sale would result in the total shareholding in GMFC falling below 75% of the total share capital of GMFC
b) the approval of a General Meeting is required if the sale would result in the total shareholding in GMFC falling below 50% of the total share capital of GMFC.
The proceeds of any sale of shares must be deposited into the funds of the Company.”
Members voted to approve this amendment with 82 voting yes and 2 voting no.
An amendment to article 15.3 to delete “20” and substitute therefor “12”.
Members voted to approve this amendment with 84 voting yes and 2 voting no.
Fans can view our current articles of association here, but note that these will now be amended following the above votes to approve.
We hope that some more stable times are ahead of us and having fans back at games is a huge step towards a normal we recognise. We fully expect the takeover to be completed soon, once all the I’s are dotted and T’s are crossed by the relevant legal advisors, though we are very pleased to say that the main hurdles appear to be cleared.
If you have any questions or queries don't hesitate to get back in touch by replying to this email or sending us one at any time to email@example.com
Thank you again for your support and patience. We’ll see you tomorrow at Cappielow for the visit of Raith Rovers.