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The Falkirk FC Thread


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3 hours ago, Dawson Park Boy said:

This year is very important for our club.

Its going to be very difficult to get out of this league and, to do so, we need a couple of energetic attacking midfielders and another forward, assuming that Dowds is coming.

Apart from a RB I’m not too worried about the defence as Dixon is quite versatile and so too is Miller.

To do well we need some quality players and for that to happen we need cash.

I don’t know the state of the finances but I’d be up for some kind of crowdfunder purely for the playing budget.

ive already bought ST’s and paid the full whack but I know quite a lot  of folks who would happily pay some extra to get some quality in.

The finances are absolutely fine. Our two largest shareholders are multi-millionaires. How about they dip their hands in their pockets for a change and rectify the shambles that their ownership has oversaw rather than us mugs volunteering to organise crowdfunders? Jesus fu*king wept!!

Edited by MSG GTF!
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6 minutes ago, MSG GTF! said:

The finances are absolutely fine. Our two largest shareholders are multi-millionaires. How about they dip their hands in their pockets for a change and rectify the shambles that their ownership has oversaw rather than us mugs volunteering to organise crowdfunders? Jesus fu*king wept!!

The main aim should be to get their influence diluted in the club not give them reasons to hang about longer.

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15 minutes ago, Shadwell Dog said:

The main aim should be to get their influence diluted in the club not give them reasons to hang about longer.

Couldn’t agree more. Just making the point that fans organising crowdfunders is absolutely ludicrous when those two ars*holes are still so heavily involved.

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Couldn’t agree more. Just making the point that fans organising crowdfunders is absolutely ludicrous when those two ars*holes are still so heavily involved.

However, in a time of crisis, you want to drive our security out of the club with no alternative?....
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32 minutes ago, MSG GTF! said:

The finances are absolutely fine. Our two largest shareholders are multi-millionaires. How about they dip their hands in their pockets for a change and rectify the shambles that their ownership has oversaw rather than us mugs volunteering to organise crowdfunders? Jesus fu*king wept!!

The Board of Directors and MSG have no obligation to put any more of their money into the club than they already have in the same way fans have no obligation to contribute to a crowdfunder.

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Call me an idealist but if Ritchie and Alexander were really of a mind to help the club then dipping into their pockets to fund a few decent signings to get us promoted would be a given.
Easy for me to spend their money I know but they probably wouldn’t even notice the money had gone.

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2 minutes ago, Reggie Perrin said:

Call me an idealist but if Ritchie and Alexander were really of a mind to help the club then dipping into their pockets to fund a few decent signings to get us promoted would be a given.
Easy for me to spend their money I know but they probably wouldn’t even notice the money had gone.

Why should they? 

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Call me an idealist but if Ritchie and Alexander were really of a mind to help the club then dipping into their pockets to fund a few decent signings to get us promoted would be a given.
Easy for me to spend their money I know but they probably wouldn’t even notice the money had gone.

First priority is our survival and financial viability imo....
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37 minutes ago, roman_bairn said:


However, in a time of crisis, you want to drive our security out of the club with no alternative?....

Absolutely. It’s because of their leadership that we are where we are. Are you honestly telling me that you believe there is no alternative?

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38 minutes ago, Moutinho said:

The Board of Directors and MSG have no obligation to put any more of their money into the club than they already have in the same way fans have no obligation to contribute to a crowdfunder.

Correct, they don’t. So in that case, fu*k off and let other investors take the club forward. 

Out of interest, can you elaborate on what money have they put in that they haven’t had back out again?

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39 minutes ago, Reggie Perrin said:

Call me an idealist but if Ritchie and Alexander were really of a mind to help the club then dipping into their pockets to fund a few decent signings to get us promoted would be a given.
Easy for me to spend their money I know but they probably wouldn’t even notice the money had gone.

Actually, a few years ago, possibly 2016, they wrote off a few hundred thousand of loans which they had given to the club.

Very generous indeed I would contend.

Look, we need to get their shareholding’s diluted which was the aim of the fans buyout which I would be keen to see resurrected.

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Absolutely. It’s because of their leadership that we are where we are. Are you honestly telling me that you believe there is no alternative?

And you’re honestly telling me that the club is completely viable just now in its current form with current expenditure without any dipping in pockets?

And no, at this moment, I see no viable alternative on the immediate horizon.

They’ve certainly made some very major errors, but rather that at this point in time, than us being run by some shady investor with ulterior motive.....

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6 minutes ago, roman_bairn said:

And you’re honestly telling me that the club is completely viable just now in its current form with current expenditure without any dipping in pockets?

And no, at this moment, I see no viable alternative on the immediate horizon.

They’ve certainly made some very major errors, but rather that at this point in time, than us being run by some shady investor with ulterior motive.....

The main errors have been the decision making either by them or the people they have appointed to make these decisions. The budgets available to fund the first team have been fine.

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41 minutes ago, roman_bairn said:

And you’re honestly telling me that the club is completely viable just now in its current form with current expenditure without any dipping in pockets?

And no, at this moment, I see no viable alternative on the immediate horizon.

They’ve certainly made some very major errors, but rather that at this point in time, than us being run by some shady investor with ulterior motive.....

What about the fans group?

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What about the fans group?

I’m absolutely for investing in the club, but we need long term security to cater for circumstances like the current. Unless that includes very wealthy investors willing to step in, I don’t think it’s a risk free solution that’s necessarily going to move us forward long term.....
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Why should they? 


Absolutely no one should insist that they do put money in. However despite all the front they are still a massive influence on the direction of the club.

Why not step aside and allow investment? Let’s not forget they were part of 6 people who stopped 1000 fans investing significant sums 18 months ago and choose an absolute chance before the people who have funded the club during their 20 odd years involved.
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Actually, a few years ago, possibly 2016, they wrote off a few hundred thousand of loans which they had given to the club.
Very generous indeed I would contend.
Look, we need to get their shareholding’s diluted which was the aim of the fans buyout which I would be keen to see resurrected.


Excuse me they didn’t write it off. Only one turned their equity in shares fully and the rest took most of their soft loans out including the money they put up for the pitch. Let’s not forget they had to put cash in because they made a hash of it in the first place.
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1 hour ago, Back Post Misses said:

 


Excuse me they didn’t write it off. Only one turned their equity in shares fully and the rest took most of their soft loans out including the money they put up for the pitch. Let’s not forget they had to put cash in because they made a hash of it in the first place.

 

In the 2015 Accounts at Note 17 it says ‘£352k of  repayments were made in the year, with the lenders agreeing to WAIVE £166346 of the loans and covert £37k of the loans to share capital.

I interpret the word waive as meaning to write off?

 

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