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2 minutes ago, Duncan Freemason said:

I doubt very much that this appeal/statement was made because there really isn’t a problem.

Exactly. The statements have been ramped up every few weeks for a wee while now so it's obvious that the whole in the budget has been there and the bod are running out of options to fill it.  The AGM can't come quick enough.

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14 minutes ago, Duncan Freemason said:

I doubt very much that this appeal/statement was made because there really isn’t a problem.

Of course there is a problem but is it a calling in the liquidators in 10 weeks time type of problem? Unless I’ve totally misread the tone of the statement I don’t think we are at that place or timescale yet and despite being in a relatively serious predicament I also don’t believe there isn’t an alternative plan in place should further investment in either the FSS or Patrons groups not be to sufficient levels, that plan may be a bit more unpalatable to some than the majority fan ownership we had been striving for but we are where we are. 

Edited by LatapyBairn.
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5 minutes ago, Shodwall cat said:

Exactly. The statements have been ramped up every few weeks for a wee while now so it's obvious that the whole in the budget has been there and the bod are running out of options to fill it.  The AGM can't come quick enough.

Sadly have to agree with this. 

Firstly, yesterday's statement was clearly pitched to ratchet up the need for investment/funds which until then had been downplayed coupled with the sudden announcement of directors appearing on FalkirkDaft - I'd wager to reiterate the perilous financial position the club really is in. 

 

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13 minutes ago, LatapyBairn. said:

Of course there is a problem but is it a calling in the liquidators in 10 weeks time type of problem? Unless I’ve totally misread the tone of the statement I don’t think we are at that place or timescale yet and despite being in a relatively serious predicament I also don’t believe there isn’t an alternative plan in place should further investment in either the FSS or Patrons groups not be to sufficient levels, that plan may be a bit more unpalatable to some than the majority fan ownership we had been striving for but we are where we are. 

No arguing with that. We appear to be in no imminent danger, but that “imminent” word is always a bit fearful. It could mean anything from a few weeks, to several months, to a year or more.

Doubtless there is a Plan B if the revenue isn’t forthcoming, and equally doubtless, it won’t be pretty.

I still think there is a (perhaps sizeable) individual investment unexplored area……the more than (say) £100 to the less than £10,000 group.

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28 minutes ago, Shodwall cat said:

Exactly. The statements have been ramped up every few weeks for a wee while now so it's obvious that the whole in the budget has been there and the bod are running out of options to fill it.  The AGM can't come quick enough.

You think so ? Kenny Jamieson is on record in June or July saying the board had the finances on an even keel so what’s happened in the 2 or 3 months since ?

Surely the finances cannot have been mismanaged in the manner you are hinting at in such a short period of time ?

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16 minutes ago, Blame Me said:

Sadly have to agree with this. 

Firstly, yesterday's statement was clearly pitched to ratchet up the need for investment/funds which until then had been downplayed coupled with the sudden announcement of directors appearing on FalkirkDaft - I'd wager to reiterate the perilous financial position the club really is in. 

 

To my mind, there’s 3 possible drivers to appear on FD. 1) To hammer home the same message 2) To apologise for the manner in which the statement came across (possibly a combo of 1 & 2), or 3) to address something entirely different.

It certainly won’t be for the banter, that’s for sure.

FD is not a club soapbox, and cannot itself be seen to aligned to the club. There’s always the risk of losing more ground rather than regaining it……all depends how well the Board read the room. YouTube “appointment to view” on Monday, that’s for sure.

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6 minutes ago, Duncan Freemason said:

To my mind, there’s 3 possible drivers to appear on FD. 1) To hammer home the same message 2) To apologise for the manner in which the statement came across (possibly a combo of 1 & 2), or 3) to address something entirely different.

It certainly won’t be for the banter, that’s for sure.

FD is not a club soapbox, and cannot itself be seen to aligned to the club. There’s always the risk of losing more ground rather than regaining it……all depends how well the Board read the room. YouTube “appointment to view” on Monday, that’s for sure.

Questions to the directors will be not too dissimilar to what’s being asked on here & on the other social media sites. They won’t have sight of the questions either but I doubt they’ll be shocked by any of them. John & I are fans like everyone else and we just want honest answers, which I think we’ll get. 

I think it’s good they are happy to come on to face questions following the communication, that otherwise wouldn’t be asked on the clubs platforms. Which I can understand from the FTV point of view.

Looking forward to this & it won’t shock anyone that we’ve had more than a few sponsorship requests for this one 😂. (Sponsorship we have already put back into the club by the way, in terms of player sponsorship & up-coming hospitality). Doesn’t cover the £400k though sadly 😉

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Yes I think it’s time to stop getting all worked up over some misguided wording, and look at the bigger picture here which is safeguarding the future of our club today…..
Had a refreshing look at pre match McGlynn and Yeats and have now discovered the club is not all doom gloom and wo is me. Looking forward to watching a football match as that is what matters
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59 minutes ago, Grangemouth Bairn said:

You think so ? Kenny Jamieson is on record in June or July saying the board had the finances on an even keel so what’s happened in the 2 or 3 months since ?

Surely the finances cannot have been mismanaged in the manner you are hinting at in such a short period of time ?

Where is he on record saying that? The club has run every year at an operating loss since we went down. Cup runs and player sales filled the holes most years. That trend would certainly not change in with us stuck in L1. 

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59 minutes ago, Grangemouth Bairn said:

You think so ? Kenny Jamieson is on record in June or July saying the board had the finances on an even keel so what’s happened in the 2 or 3 months since ?

Surely the finances cannot have been mismanaged in the manner you are hinting at in such a short period of time ?

A lot of things have changed since then commercial side hasn't met it's very optimistic targets and we've spent more than was originally budgeted for . Those coupled with the need for higher fss membership which never materialised means that the need for cash is obviously getting desperate. That statement isn't a we need this sorted by next close season it's a we need it sorted now wording .

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26 minutes ago, Back Post Misses said:

Where is he on record saying that? The club has run every year at an operating loss since we went down. Cup runs and player sales filled the holes most years. That trend would certainly not change in with us stuck in L1. 

Falkirk Herald mate. I’m not great with tech so not sure how to post the link but I’ve copied and pasted the bit I referred to.

“We’ve kept the finances on an even keel and stabilised some of the day-to-day issues that needed sorting out.

“The future really is our focus, though, and we conducted four business reviews across football, commercial and financial, fans and community and infrastructure and operations.

 

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Maybe it’s time to get a begging letter sent to Jim Ratcliffe. With Ineos on our doorstep, a few millions to him in sponsorship to the Bairns would be like the rest of us putting in an extra tenner a month.

I want our club to be successful.
However, Jim Ratcliffe is not someone I want us to be associated with. Certainly not without exploring other avenues at least…..
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49 minutes ago, FalkirkBairn2021 said:

Where are the Rawlins in all of this? Are they essentially absent with their current investment pretty much written off?

Question I have too so hopefully get that answered on Mon night. No sign of them since that night in the Inchyra. 

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The club need to think harder how to raise these funds.

I wouldn’t be adverse to putting “Funds on deposit” to be redeemed against future season tickets and hospitality, yes there is the risk if we went bust we’d lose our money but for £1000 or so that’s a risk I’d take. 

We’d be short term creditors of the club, but at least getting some return going forward, assuming we exist.

The club then have to take this all into account in future budgeting but it could plug the hole short term.

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8 hours ago, Harry Kinnear said:

Maybe it’s time to get a begging letter sent to Jim Ratcliffe. With Ineos on our doorstep, a few millions to him in sponsorship to the Bairns would be like the rest of us putting in an extra tenner a month.

Thought Ratcliffe was only interested in buying Man United (being a Lancashire lad and a lifelong United fan - aye, yet another one of those ...).

That said, you'd think that a wee bit of goodwill sponsorship to the club on his doorstep, and who a good few of his employees will no doubt support, would be a decent bit of philanthropic local community business and would earn him some local kudos. Presumably someone from the club has dropped JR a "Hiya Jim, we're over here" type of email in recent times ...

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