Guest Caractacus Potts Posted October 4, 2022 Share Posted October 4, 2022 4 minutes ago, Roboccop said: there’s a reason why this hasn’t been introduced and it was to allow everyone contributing the minimum to have an equivalent vote in decisions. It might be possible to allow a lower monthly contribution (entry point to FSS) but those people would not have the same voting rights as others. Its much harder to administrate also. And additionally there may be a number of contributors who drop their monthly payment to the lower level if that is introduced. It is being discussed as are other ideas. One major new initiative will be announced by FSS in the next week or so. Do those who pay more than £10/month have more voting rights? 0 Quote Link to comment Share on other sites More sharing options...
Springfield Posted October 4, 2022 Share Posted October 4, 2022 Very open and honest appraisal from people who without question are true Falkirk people. Apology graciously accepted for the outrageous paragraph in the recent statement. As mentioned unless there is a huge upturn in numbers signing up, we’re no where near making up the shortfall, which is very worrying. I’ve stated previously that the club needs a new investor/investment to come in. I know these don’t grow on trees, but sadly if we are to make it to season end it could be turbulent times. 1 Quote Link to comment Share on other sites More sharing options...
Roboccop Posted October 4, 2022 Share Posted October 4, 2022 8 minutes ago, Caractacus Potts said: Do those who pay more than £10/month have more voting rights? No. It’s strictly one vote per person. 0 Quote Link to comment Share on other sites More sharing options...
Shodwall cat Posted October 4, 2022 Share Posted October 4, 2022 Wee bit surprised at the bod talking about returning cap in hand to the old msg members having pushed so hard to get them out of being involved in the first place. 3 Quote Link to comment Share on other sites More sharing options...
Guest Posted October 4, 2022 Share Posted October 4, 2022 8 minutes ago, Roboccop said: No. It’s strictly one vote per person. …….and therein lies a problem. So £10 a month buys you one vote. So £50 a month buys you one vote. There is absolutely no incentive in terms of voting rights to pay more than £10 a month. It needs to be fixed. 0 Quote Link to comment Share on other sites More sharing options...
Guest Posted October 4, 2022 Share Posted October 4, 2022 2 minutes ago, Shodwall cat said: Wee bit surprised at the bod talking about returning cap in hand to the old msg members having pushed so hard to get them out of being involved in the first place. Tbf, it was their ever reducing commitment to governing the club that was the big issue (alongside the questionable decision making that led to the likes of George Craig and Gary Deans being allowed anywhere near the building). The MSGs £ notes are however, still welcome any day of the week. 0 Quote Link to comment Share on other sites More sharing options...
Guest Caractacus Potts Posted October 4, 2022 Share Posted October 4, 2022 20 minutes ago, Roboccop said: No. It’s strictly one vote per person. If that’s the case then surely a £5/month option would be the same? 0 Quote Link to comment Share on other sites More sharing options...
Popular Post Bigbri Bairn Posted October 4, 2022 Popular Post Share Posted October 4, 2022 The size of your monthly payment cant dictate how powerful you are. If you are in the financial position to afford £50 a month then well done but it should not give you a bigger say than a person on low income for whom £5 a month is a big part of their budget. We should all be in this for richer for poorer for better for worse. NO fans should be billy big baws because they can afford more 25 Quote Link to comment Share on other sites More sharing options...
FFC 1876 Posted October 4, 2022 Share Posted October 4, 2022 29 minutes ago, Duncan Freemason said: …….and therein lies a problem. So £10 a month buys you one vote. So £50 a month buys you one vote. There is absolutely no incentive in terms of voting rights to pay more than £10 a month. It needs to be fixed. Tory^ 3 Quote Link to comment Share on other sites More sharing options...
LatapyBairn. Posted October 4, 2022 Share Posted October 4, 2022 (edited) 1 hour ago, Dawson Park Boy said: Yes, very frank and open. The one thing which I would have liked to know is - ‘when does the cash run out?’ Is it November or December? With the best will in the world, FSS is NEVER going to be able to plug the gap. So we’re back to soft loans or a new investor. Wasn't clear as to whether the usual donors had been approached and, if so, how amenable they would be to help. It just all seems to be so, so late in the day when the same information was available months ago. Their analysis of the situation was good but I’m not filled with a lot of confidence that they’ve been taking the necessary action and speaking to the right people to solve the short term problem. I think I can now see why the FD resigned. No mention of the AGM- worrying - probably down to the Auditors needing comfort? Fingers crossed. I might be wrong here but when you say “usual donors” I presume you meant SA and MR, the guys definitely stated they had meetings scheduled next week with them and others about potentially arranging either soft loans or some sort of share buy back scheme involving the FSS. I also wouldn’t write of the FSS or patrons group getting a considerable boost in numbers over the next month if the message is driven home properly as it was on last nights podcast. It might not plug the gap fully but it could go a large way towards doing that and regarding the AGM I don’t see the point in holding it until we know exactly how the shortfall is being made up, whether that’ll be via soft loans, FSS/patron contributions or the afore mentioned share buy back thing (most likely a combination of these measures) The picture will be much clearer over the next few weeks and at least when it is the details can be communicated accurately via the AGM to shareholders, holding it before we have all the facts is pointless. Edited October 4, 2022 by LatapyBairn. 0 Quote Link to comment Share on other sites More sharing options...
Hampden Roar Posted October 4, 2022 Share Posted October 4, 2022 For me it shows that If you want to call the shots in any club you need cash behind you, whether it’s through your own or other peoples ….we have a club that at the moment has neither. 0 Quote Link to comment Share on other sites More sharing options...
bairn88 Posted October 4, 2022 Share Posted October 4, 2022 Interesting interview, I'm glad they admit they were "mortified" at the wording of that paragraph. Most fascinating for me was the meander through the last decade on which years we turned a profit and which years we were effectively completely running out of cash. Peak years when we sold players, trough years when we didn't (not rocket science). This of course wasn't smooth (a couple of lean years = some potential issues). However, when academy really gets going again (medium to long term) this does seem like the best way for a club like us to operate. 1 Quote Link to comment Share on other sites More sharing options...
LatapyBairn. Posted October 4, 2022 Share Posted October 4, 2022 (edited) 2 hours ago, Shodwall cat said: Wee bit surprised at the bod talking about returning cap in hand to the old msg members having pushed so hard to get them out of being involved in the first place. Are you saying they should let personal pride or ego stop them from doing the right thing?! The club is more important than any individual(s) Fair play to them, they need to be bigger than that and should be listening and speaking with anybody (within reason) that’s prepared to invest regardless of any previous personal differences or fall outs. Everybody needs to pull in the same direction here and stop the shit flinging. Edited October 4, 2022 by LatapyBairn. 1 Quote Link to comment Share on other sites More sharing options...
LatapyBairn. Posted October 4, 2022 Share Posted October 4, 2022 (edited) 1 hour ago, Bigbri Bairn said: The size of your monthly payment cant dictate how powerful you are. If you are in the financial position to afford £50 a month then well done but it should not give you a bigger say than a person on low income for whom £5 a month is a big part of their budget. We should all be in this for richer for poorer for better for worse. NO fans should be billy big baws because they can afford more Agree with this, it’s in the wrong spirit and not how a fan or community run organisation should operate. All fans/members need to be seen as equals for a project like the FSS to work properly. Edited October 4, 2022 by LatapyBairn. 1 Quote Link to comment Share on other sites More sharing options...
RC_Bairn Posted October 4, 2022 Share Posted October 4, 2022 Thought it was a really good podcast and both directors done very well at explaining the situation and the subsequent action. I feel alot more reassured about the financial position than I did yesterday. The most telling part of the podcast however was the absence of the FSS Director, and then the very long and awkward pause when asked about the relationship between the Patrons and FSS. A blind man can see there are tensions there and I do hope FSS will come out soon and clarify matters and outline next steps for getting another FSS director on the board. 1 Quote Link to comment Share on other sites More sharing options...
RC_Bairn Posted October 4, 2022 Share Posted October 4, 2022 54 minutes ago, Shodwall cat said: Wee bit surprised at the bod talking about returning cap in hand to the old msg members having pushed so hard to get them out of being involved in the first place. 100% this. It'll certainly be an awkward conversation for those directors and the MSG GTF brigade 0 Quote Link to comment Share on other sites More sharing options...
Roboccop Posted October 4, 2022 Share Posted October 4, 2022 There has been a small uptake in new FSS members c 30 since the message and the podcast. About 535 people now. We intend to promote membership again this week coming with an interesting announcement. We have discussed a £5 tier several times as a committee and will again but it has issues. And personally I am against people having more than one vote in elections etc no matter how much they pay monthly. 3 Quote Link to comment Share on other sites More sharing options...
gav-ffc Posted October 4, 2022 Share Posted October 4, 2022 5 minutes ago, Roboccop said: There has been a small uptake in new FSS members c 30 since the message and the podcast. About 535 people now. We intend to promote membership again this week coming with an interesting announcement. We have discussed a £5 tier several times as a committee and will again but it has issues. And personally I am against people having more than one vote in elections etc no matter how much they pay monthly. What about being able to up it to £15 a month rather than the next jump being £20? 4 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted October 4, 2022 Share Posted October 4, 2022 29 minutes ago, LatapyBairn. said: I might be wrong here but when you say “usual donors” I presume you meant SA and MR, the guys definitely stated they had meetings scheduled next week with them and others about potentially arranging either soft loans or some sort of share buy back scheme involving the FSS. I also wouldn’t write of the FSS or patrons group getting a considerable boost in numbers over the next month if the message is driven home properly as it was on last nights podcast. It might not plug the gap fully but it could go a large way towards doing that and regarding the AGM I don’t see the point in holding it until we know exactly how the shortfall is being made up, whether that’ll be via soft loans, FSS/patron contributions or the afore mentioned share buy back thing (most likely a combination of these measures) The picture will be much clearer over the next few weeks and at least when it is the details can be communicated accurately via the AGM to shareholders, holding it before we have all the facts is pointless. Fair points. 0 Quote Link to comment Share on other sites More sharing options...
Dawson Park Boy Posted October 4, 2022 Share Posted October 4, 2022 35 minutes ago, FFC 1876 said: Tory^ Grow up. -1 Quote Link to comment Share on other sites More sharing options...
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