The Moonster Posted March 21, 2018 Share Posted March 21, 2018 1 minute ago, MONKMAN said: I read elsewhere on here that Celtic have cash in the bank to the tune of £30 million, so to suggest every club isn’t true. 41/42 clubs would have been more accurate. Apologies, I don't mean to mislead. Link to comment Share on other sites More sharing options...
NELLY Posted March 21, 2018 Share Posted March 21, 2018 1 hour ago, JakeSAFC said: A knuckle dragger is someone who is angry and stupid, perfectly sums you up. Defo no stupid. Im no angry today so no a knuckle dragger. Wee precious boy. Link to comment Share on other sites More sharing options...
Jimmy Shaker Posted March 21, 2018 Share Posted March 21, 2018 16 hours ago, east fife for life said: there really isn't any need for 42 senior clubs in Scotland That's going to come as disappointing news for the senior clubs beyond the 42 you're thinking of. Also - pish. Link to comment Share on other sites More sharing options...
Skerla Posted March 21, 2018 Share Posted March 21, 2018 31 minutes ago, NELLY said: Defo no stupid. Im no angry today so no a knuckle dragger. Wee precious boy. Definitely not stupid..... Doesn’t bother me if Cowden go bust, their fans are up there with Clyde, Airdrie and Rangers fans for knuckle dragger/good guy ratio. Link to comment Share on other sites More sharing options...
PELE Posted March 21, 2018 Share Posted March 21, 2018 1 hour ago, 1320Lichtie said: Who is East Stirling’s generous benefactor? As far as I know, they no longer have one. It will be interesting to see how they fare next season when they no longer get a parachute payment from the league. I would guess they will be much less competitive. I hope not, but they may struggle now. Link to comment Share on other sites More sharing options...
1320Lichtie Posted March 21, 2018 Share Posted March 21, 2018 As far as I know, they no longer have one. It will be interesting to see how they fare next season when they no longer get a parachute payment from the league. I would guess they will be much less competitive. I hope not, but they may struggle now. When did they ever have one? They’ve been relegated 2 seasons now how long do the parachute payments last and what are they? Suppose my point is you’ve said that if you got relegated you’ve not got a benefactor so would die, how come the Shire have been fine? Link to comment Share on other sites More sharing options...
PELE Posted March 21, 2018 Share Posted March 21, 2018 2 hours ago, The Moonster said: I get that, I just thought the figure of £135K would have been based on what you require to run the club and/or help to move to a ground where your rent doesn't cripple you or something similar. There seems to be contradictory information here too, the first post is very much a begging bowl "Save Us!" post but you state you won't go bust and don't have any debt. Is it solely the rent which is crippling the club? I don't know the full situation, but I assume we are losing money because of the league position we are in and we are trying to fund raise to ease the problem. I don't think the club officially put out a begging bowl to all and sundry. It was maybe some concerned fans giving that impression. Although, if we continue to fare poorly and even drop out the league, we may well have to cut our costs to the extent that we cannot really compete (but there are other clubs in this position as well). I think the main issue is that, as we don't own the ground, we cannot borrow from the bank when cash is tight. Link to comment Share on other sites More sharing options...
PELE Posted March 21, 2018 Share Posted March 21, 2018 4 minutes ago, 1320Lichtie said: When did they ever have one? They’ve been relegated 2 seasons now how long do the parachute payments last and what are they? Suppose my point is you’ve said that if you got relegated you’ve not got a benefactor so would die, how come the Shire have been fine? I am no expert on the 'shire, but I believe they did have someone putting money in not so many years ago (actually about eight or nine years ago when they were neck and neck with us for promotion from the old 3rd division). After that, I think they finished bottom of the pile most seasons. The parachute payment is (at least roughly) £40k in the 1st season in the Lowland League and £20k the second season. After that you get nothing. I don't think we would die, we would just struggle and be uncompetitive. Although, longer term, I would be worried about our future. Link to comment Share on other sites More sharing options...
The Minertaur Posted March 21, 2018 Share Posted March 21, 2018 6 minutes ago, PELE said: I am no expert on the 'shire, but I believe they did have someone putting money in not so many years ago (actually about eight or nine years ago when they were neck and neck with us for promotion from the old 3rd division). After that, I think they finished bottom of the pile most seasons. The parachute payment is (at least roughly) £40k in the 1st season in the Lowland League and £20k the second season. After that you get nothing. I don't think we would die, we would just struggle and be uncompetitive. Although, longer term, I would be worried about our future. Spencer Fearn? Link to comment Share on other sites More sharing options...
San Starko Rover Posted March 21, 2018 Share Posted March 21, 2018 I don't know the full situation, but I assume we are losing money because of the league position we are in and we are trying to fund raise to ease the problem. I don't think the club officially put out a begging bowl to all and sundry. It was maybe some concerned fans giving that impression. Although, if we continue to fare poorly and even drop out the league, we may well have to cut our costs to the extent that we cannot really compete (but there are other clubs in this position as well). I think the main issue is that, as we don't own the ground, we cannot borrow from the bank when cash is tight. No offense but then the title of this thread is a pretty misleading. “SAVE COWDENBEATH FOOTBALL CLUB” on a multi club forum to other fans sounds like you’re on the verge of bankruptcy. Now if that were the case as has happened with many clubs, opposition fans would no doubt happily throw in a few £s as they don’t want to see you lose your club. The reality is cash is tight (like most clubs) and you want to remain competitive, no fan of any other team is going to want to help you be more competitive as it might be to their detriment Link to comment Share on other sites More sharing options...
Cowden Cowboy Posted March 21, 2018 Share Posted March 21, 2018 Spencer Fearn? As I recall Shire were bottom of the League for 5 seasons in a row then 2nd bottom. Then Spencer Fearn came in and bankrolled the club to two third place finishes under Jim McInally. Then he left and they dropped back to bottom. They were 2nd bottom in first year of playoffs when Montrose were bottom and then bottom in 2016 when Edinburgh best them in play off. Link to comment Share on other sites More sharing options...
Stevo Fife Posted March 21, 2018 Share Posted March 21, 2018 6 hours ago, PELE said: I am no expert on the 'shire, but I believe they did have someone putting money in not so many years ago (actually about eight or nine years ago when they were neck and neck with us for promotion from the old 3rd division). After that, I think they finished bottom of the pile most seasons. This is correct but was short lived and he's long gone. A good 10 years IIRC. Link to comment Share on other sites More sharing options...
Cowden Cowboy Posted March 21, 2018 Share Posted March 21, 2018 When did they ever have one? They’ve been relegated 2 seasons now how long do the parachute payments last and what are they? Suppose my point is you’ve said that if you got relegated you’ve not got a benefactor so would die, how come the Shire have been fine? Year 1 parachute payment of £40k plus participate in Betfred (thus at least £17k prize money now plus Shire had Rangers in their section) plus £3.5k or so prize money from Irn Bru Cup. Year 2 parachute payment £20k is all that is guaranteedYear 3 and beyond no parachute payments Link to comment Share on other sites More sharing options...
Glenconner Posted March 21, 2018 Share Posted March 21, 2018 5 minutes ago, Cowden Cowboy said: Year 1 parachute payment of £40k plus participate in Betfred (thus at least £17k prize money now plus Shire had Rangers in their section) plus £3.5k or so prize money from Irn Bru Cup. Year 2 parachute payment £20k is all that is guaranteed Year 3 and beyond no parachute payments Year 4 What happening to East Stirlingshire? Link to comment Share on other sites More sharing options...
Ginaro Posted March 21, 2018 Share Posted March 21, 2018 3 hours ago, Glenconner said: Year 4 What happening to East Stirlingshire? They are yet to complete year 2 in the Lowland League. Link to comment Share on other sites More sharing options...
Glenconner Posted March 21, 2018 Share Posted March 21, 2018 17 minutes ago, Ginaro said: They are yet to complete year 2 in the Lowland League. Doubt Clydebank/ES will ever be back Link to comment Share on other sites More sharing options...
tamthebam Posted March 22, 2018 Share Posted March 22, 2018 13 minutes ago, Glenconner said: Doubt Clydebank/ES will ever be back 67 years, it only took Edinburgh City 67 years... Link to comment Share on other sites More sharing options...
Poet of the Macabre Posted March 23, 2018 Share Posted March 23, 2018 So, either some Cowden fans pretended their club was at death's door in a pathetic attempt to get some extra cash or some Cowden fans are in denial about their club's precarious financial position. Unsurprising that so few people want to help. Also, the £135,000 figure seems to have been pulled out of someone's arse, rather than a much needed, specific sum. Link to comment Share on other sites More sharing options...
onecowden Posted March 23, 2018 Share Posted March 23, 2018 So, either some Cowden fans pretended their club was at death's door in a pathetic attempt to get some extra cash or some Cowden fans are in denial about their club's precarious financial position. Unsurprising that so few people want to help. Also, the £135,000 figure seems to have been pulled out of someone's arse, rather than a much needed, specific sum. Lol Link to comment Share on other sites More sharing options...
PELE Posted March 24, 2018 Share Posted March 24, 2018 I 10 hours ago, Poet of the Macabre said: So, either some Cowden fans pretended their club was at death's door in a pathetic attempt to get some extra cash or some Cowden fans are in denial about their club's precarious financial position. Unsurprising that so few people want to help. Also, the £135,000 figure seems to have been pulled out of someone's arse, rather than a much needed, specific sum. It has already been stated. The £135k was set as a fundraising target as we were 135 years old and it was to help sustain the club. If and when we are in serious trouble, I am sure a set figure will be communicated. Lots of clubs receive money from fans fundraising. Link to comment Share on other sites More sharing options...
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