The Falkirk FC Thread

[Bairnardo]

There are definitely valid criticisms/concerns over the scheme but this isn’t one of them.
Nobody is thinking “can I afford to have Christmas dinner OR spend five thousand pounds on a 10 year ticket”. 
Wealthy/relatively wealthy people exist. This scheme is for them at a time when the club is in desperate short term need for cash. The “mood of the nation/cost of living crisis” argument doesn’t cut it for me. 

The only thing I can think of lately that the club really deserved scud for (and rightly got it) was the statement where they mentioned about how it's not fair for some fans to put money in etc etc.

That was way off the mark in the context of the cost of living crisis. This on the other hand, is absolutely fine in any context.

As I have said, some fans, and fans of others see Falkirk say something and commence the rage/point and laugh, before they have even read or understood what is being said.

[Gaz]

4 hours ago, Sarcastic Bairn said:

It feels like we are merging with the Facebook group.

Not enough folk saying The Chuckle Brothers / Sheerin / Rennie deserve more time for that

[TxRover]

16 hours ago, virginton said:

And this financial emergency will automatically be solved... when exactly? When pesky seaside league outfits stop having the temerity to defend against you or you stop shipping 3 goals to Clyde?

Doesn't seem like the sure thing to bet ten years' of future revenue on, but then I'm not a gullible moron and so don't support Falkirk FC.

Oh and if you think that a scheme that will generate £125k now will only cost £7,500 per year in lost revenue over ten years, then you should go back and sit National 5 Maths. Then you can perhaps move on to the basic accounting principles that you also completely failed to understand. 

 

Like, perhaps the Present Value of an annuity, which is what these 10 years tickets are, at least from an accounting POV. So, assuming a 4% rate (bog standard long term rate assumption), a £7,500 a year payment stream for 10 years ha a Present Value of, wait for it….£60,831.72…less than half the £125,000 this could generate. If you want to buy the hype about inflation, we can go to a 6% rate, and see the Present Value drop to £55,200.65.

The one downside is the loss of the delta in ticket price over the 10 year period, but with the pricing at £5,000, it seems well over the odds to be a nice net positive.

[Zbairn]

6 minutes ago, TxRover said:

Like, perhaps the Present Value of an annuity, which is what these 10 years tickets are, at least from an accounting POV. So, assuming a 4% rate (bog standard long term rate assumption), a £7,500 a year payment stream for 10 years ha a Present Value of, wait for it….£60,831.72…less than half the £125,000 this could generate. If you want to buy the hype about inflation, we can go to a 6% rate, and see the Present Value drop to £55,200.65.

The one downside is the loss of the delta in ticket price over the 10 year period, but with the pricing at £5,000, it seems well over the odds to be a nice net positive.

Without having a clue what you are talking about……in idiots terms, is the season ticket a good buy for those purchasing it given loads of add ones? …..and is the immediate cash injection into the club sensible?

[scottsdad]

51 minutes ago, Grant228 said:

When we were shite last season it was constantly inhabited by other club fans ripping the pish. Funnily enough when you're clear at the top of the league you get allot less patter. 

Over the years Falkirk fans have been amongst the loudest when it comes to giving it out, crying about other fans laughing at you when you've been stinking out this level for two seasons while being run like a shambles just shows you up to be an idiot, the whole premise of PnB is the interaction between other fans, if you don't like it then f**k off to whatever single club forum Falkirk has, it really is that simple. 

You're missing the point I'm making, but that's OK.

[Reggie Perrin]

43 minutes ago, Gaz said:

Not enough folk saying The Chuckle Brothers / Sheerin / Rennie deserve more time for that

Aye but COYB!

[Amarillo Bairn]

Jezzo I'm leaving this discussion, and sneak back to the Facebook page

[madton]

4 hours ago, Van_damage said:

Thanks for that! 

There seems to be a lot of fans of other clubs with quite strong opinions about how to run our club. Like the St.Mirren fan who was saying how we should have run the KM Stand opening when his club still hasn’t put any signs up to honour Tony Fitzpatrick.

Also a bit of a cheek to hear from a Morton fan about how to run a business properly when his club is ran by the Easedales! 

Not sure how any Falkirk fan can have a go at a venture which will bring in much needed capital to keep things ticking over though. 

The Easdales are ( thankfully) no longer involved in our boardroom at any level and haven't been for a few months now. The are still a large sponsor but that will end come the end of the season.

They had their chance to buy us, they wanted us on the cheap, it backfired and now they have fecked off along with their son.

A bigger fish with our interests at heart is now involved so we are in a much much better place.

 

[Shodwall cat]

1 hour ago, LIVIFOREVER said:

The fact you're needing it filled should be worry enough. Have you other loans like director loans, and they've no more money they can put in so they're looking for the fans to fork out, sounds a bit desperate for Falkirk.

Bloody hell a livi fan coming on here criticising falkirks financial situation is a real doozy. 

Unlike livi on what 3 occasions we have people who will insure we don't go into administration and will provide the finance required if necessary. The board are simply looking at other ways of raising cash . It certainly isn't desperation.

[Guest]

Talking of great money making ideas, maybe we should take a leaf from Morton’s book….

 

 

[Reggie Perrin]

53 minutes ago, Amarillo Bairn said:

Jezzo I'm leaving this discussion, and sneak back to the Facebook page

Probably for the best.

[TxRover]

1 hour ago, Zbairn said:

Without having a clue what you are talking about……in idiots terms, is the season ticket a good buy for those purchasing it given loads of add ones? …..and is the immediate cash injection into the club sensible?

Relatively, yes. The add ones aren’t accounted for in these numbers, but cash now isn’t a terrible thing given the situation, especially as it’s only scavenging about £7,500 a year from the future.

The Present Value is a way of figuring what a future stream of payments (10 years of season tickets, at todays prices) is worth in current pounds/dollars/euros/etc. What it says is that 10 years of £7,500 payments (total £75,000) is worth the same as £60,831.72 in hand today. This reduction is because of loss of purchasing power (due to inflation, interest, etc).

Its a lot like a lottery payout, when they advertise a jackpot of £250,000,000*…the * is that the total payout is based upon 20 to 30 years worth of equal payments, perhaps 25 payments of £10,000,000. If you select a “cash value” option, they pay you the Present Value of the annuity they would buy to make those 25 payments. They would give a company perhaps £130,000,000 to make those payments to you over the 25 years. That company then gives you £10,000,000 and gets to play with the remaining £120,000,000 for a year, earning income/interest, before making the next payment. The company is betting they can make more money on the initial amount than they have to pay out over the 25 years.

[Guest]

6 hours ago, Sarcastic Bairn said:

It feels like we are merging with the Facebook group.

Exactly. As Bairnardo says, there’s still a lot of comfortably off Falkirk fans out there. This isn’t about the club asking everyone to shell out £5k for a 10 year ST.

Anyone that buys one should be congratulated. They are making a blind faith commitment to the club with absolutely no guarantee of anything other than a seat, a place to park their car, and some other marginal benefits.

It has absolutely nothing to do with the cost of living crisis. People are still buying cars and going to restaurants and spending their money in any way they see fit. To try to turn into some sort of moral crusade is pretty pathetic tbh.

I think it’s a creative way to go about things in order to plug a well publicised gap. It hurts no-one, and it guilt trips no-one.

[Guest]

1 hour ago, scottsdad said:

You're missing the point I'm making, but that's OK.

It’s his defining MO.

[Guest]

19 hours ago, PedroMoutinho said:

The one disadvantage I do see is that you’ll potentially be losing near enough £10k a season in future revenue unless whoever buys these tickets chooses to buy a season as normal on top. Not hugely material though in the grand scheme of things.

I don’t think that’s true. You are getting the cash up front rather than being spread over the 10 year term…….plus there’s no “I have had enough and I am not going back” downside.

[Grangemouth Bairn]

1 hour ago, scottsdad said:

You're missing the point I'm making, but that's OK.

He generally does Tbf. 

[Guest]

2 minutes ago, Grangemouth Bairn said:

He generally does Tbf. 

Aye, the laddie is P&B royalty. The Clown Prince of Schadenfreude.

[HoBNob]

2 hours ago, Proudtobeabairn said:

Yeah but stinking out another teams thread for months just screams of not having much of a life though doesn't it?  

Nope, what's the difference between postng on this topic, and posting on any other topic on PieAndBovril? It takes all of about 30 seconds to make a post. 

 

Again, if you don't like, and can't deal with kther fans laughing at your expense when you're shit, go to a single club forum/Facebook 

 

 

[Grangemouth Bairn]

26 minutes ago, Duncan Freemason said:

Aye, the laddie is P&B royalty. The Clown Prince of Schadenfreude.

He just appears on our thread now and again swearing a lot and generally sounding angry. Each to their own though.

[third lanark]

The attendance at Falkirk matches are as high as some of the premier league games.  8000 recently against the pars.  Wouldn't reach have thought Falkirk had any more concerns than other clubs about income