marty_j, on Jan 23 2008, 13:14, said:
It's difficult to add to what has already been said.
BUT, in all my time supporting BRFC I have never been emabarrased by their scores. UNTIL Saturday. We are the laughing stock of Scottish Football, something has to change or we will NEVER entice paying customers back to Shielfield.
What a wasted season. The thing is we could get humped by even more soon (Airdrie, Raith etc)
Renwick must go - out of his depth I'm afraid.
There's been a lot of focus on Renwick since Saturday especially, but I think there's some issues being missed - we previously had a good manager doing extremely well with minimal support from his Board. I have no doubt that John Coughlin saw the likely struggles ahead and chose to preserve his credibility, and sanity, by moving on. We now have a very inexperienced manager struggling badly, with just as little, or less, support from the people who appointed him.
Much has been made of the club being free of debt, but most clubs have a degree of debt, much of the time being well-managed debt. Under Jamie Curle, the Bank didn't perceive the debt as a risk, as it was set against his business interests. Not an ideal situation, I agree - but the Club was earning money through plum cup-ties on a fairly regular basis, and Jamie was perhaps guilty of running a one-man show (although when you see what's come afterwards from the same people, perhaps now that can be better understood!). However when Jamie left, the Bank started to worry, hence other arrangements being put in place to fill the void that Jamie's guarantees had left.
The debt was well on the way to being addressed, with other guarantors, a long-term bank loan, some share issues and other income, like Gary Woods transfer. Wages were being reduced to a more sustainable amount.
However the
current Board then managed to
add to that debt by overspending against their agreed budget by about £20,000 (as raised at the last Club AGM) and not earning any additional income. In the last year or so there has been great efforts to pay off the loan and wipe out overdrafts - that's where this years transfer fees for Swanson, Greenhill and Haynes went - which needless to say Coff would have been a tad unhapppy with.
In doing so, the Club has saved some interest payments, granted. But what it has done is make shareholdings more valuable - a debt free club has got be worth more to a potential buyer that one that owes money. So by deciding not to invest in the team, there's a few potential winners off the pitch. Lets make one thing clear - there has been no
'no-strings' investment in BRFC - those that have put money in have got shares in return, or are being repaid loans over time. A valuable contrbution, yes, but not exactly charitable benefactors.
In the bigger picture, its been a long time since relationships were so low between supporters and the Board - communication is neglible and/or paranoid- and you can't help but get the feeling that no-one really cares whether the crowds at Shielfield are 500 or 200. And its not a Trust/Board issue either - yes, it tends to be the usual suspects that voice their opinions, but there's many other people not connected to the Trust that aren't happy.