Aufc Posted July 12, 2022 Share Posted July 12, 2022 Forgive me but it does seem like there is confusion as to the purpose of the FSS. The contributions are to have more say in how the club is run and gain more involvement in the decision making - and future direction of the club - by buying shares. It's not to sustain the clubs cashflow as supporters are already doing that with season tickets, match tickets and retail alongside the wider sponsorship deals the club has. The issue with this is there will be hundreds (thousands for a club like you) who are investing in a very small percentage of shares (I’m assuming it’s done via a lottery or something?). So if these people are expecting a say in the business then you end up with far too people involved. Additional issue is that the majority of them have an emotional tie to the club so hard to step back sometimes and see the bigger picture. From my experience, these things are a very beneficial way of raising additional funds for the club whilst allowing the participants a chance to win an amount each month (and get some nice share certificates as a keepsake). It is not to allow the participants to get a say in how to run the club. As a shareholder, they also get invited to the AGM where they can ask questions of the board. This method is actually a pretty good way to get people, who ordinarily don’t go to games and don’t have an emotional tie to the club, to donate money. Something like £20 a month with the chance to win some money each month plus a nice certificate of shares. Most of these people don’t want to sponsor a shirt or buy a season ticket. 0 Quote Link to comment Share on other sites More sharing options...
Rob1885 Posted July 12, 2022 Share Posted July 12, 2022 What's the latest on Ugwu? 0 Quote Link to comment Share on other sites More sharing options...
FFC 1876 Posted July 12, 2022 Share Posted July 12, 2022 6 minutes ago, Rob1885 said: What's the latest on Ugwu? I think it was a fake news story. We've got Oliver, Malcolm and Wilson who are all going to score 10+ goals in training this season. 5 Quote Link to comment Share on other sites More sharing options...
Hampden Roar Posted July 12, 2022 Share Posted July 12, 2022 14 minutes ago, Rob1885 said: What's the latest on Ugwu? It was a non story probably instigated by his agent to try and drum up interest. 0 Quote Link to comment Share on other sites More sharing options...
Jackie Myles Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, Blame Me said: Forgive me but it does seem like there is confusion as to the purpose of the FSS. The contributions are to have more say in how the club is run and gain more involvement in the decision making - and future direction of the club - by buying shares. It's not to sustain the clubs cashflow as supporters are already doing that with season tickets, match tickets and retail alongside the wider sponsorship deals the club has. I thought that was the case. Thanks for clearing that up. 0 Quote Link to comment Share on other sites More sharing options...
Sarah67 Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, Jackie Myles said: Probably injured again. Not at all, I got told it’s simply because he caught Covid so has to isolate. 0 Quote Link to comment Share on other sites More sharing options...
Sarah67 Posted July 12, 2022 Share Posted July 12, 2022 10 minutes ago, Hampden Roar said: It was a non story probably instigated by his agent to try and drum up interest. Yep and people lapped it up as they are desperate to see us sign a proper striker. The new BOD need to give JM the cash to get a decent striker in as that’s the difference in this league as we all saw when we had McManus. Bet they’re regretting the huge amount of money wasted on Leigh Griffiths now. Damage is done now but we can’t afford (literally!) another mistake like that again. -2 Quote Link to comment Share on other sites More sharing options...
FFC 1876 Posted July 12, 2022 Share Posted July 12, 2022 7 minutes ago, Sarah67 said: Yep and people lapped it up as they are desperate to see us sign a proper striker. The new BOD need to give JM the cash to get a decent striker in as that’s the difference in this league as we all saw when we had McManus. Bet they’re regretting the huge amount of money wasted on Leigh Griffiths now. Damage is done now but we can’t afford (literally!) another mistake like that again. I don't think monies got anything to do with it, hardest position on the park to find is a goalscorer. Mind Holt went through 14 before landing on Wilson & Ompreon. 6 Quote Link to comment Share on other sites More sharing options...
Reggie Perrin Posted July 12, 2022 Share Posted July 12, 2022 (edited) 2 hours ago, Sarah67 said: Yep and people lapped it up as they are desperate to see us sign a proper striker. The new BOD need to give JM the cash to get a decent striker in as that’s the difference in this league as we all saw when we had McManus. Bet they’re regretting the huge amount of money wasted on Leigh Griffiths now. Damage is done now but we can’t afford (literally!) another mistake like that again. The thing is the BoD gave the money for Griffiths as the manager thought he was a decent striker. Most of us welcomed the return of Rory Loy a few years back as our marquee signing, didn’t work out. In the event that the current manager was given a pile of cash (hah!) to sign who he thought was a decent striker there would be no guarantees that it would be a successful signing. Every signing is a gamble to a certain extent. Edited July 12, 2022 by Reggie Perrin 1 Quote Link to comment Share on other sites More sharing options...
Blame Me Posted July 12, 2022 Share Posted July 12, 2022 Anyone catching McGlynn's update will know that it's not necessarily money that is the issue. Strikers worth their weight in goals are hard to come by as clubs who have them don't really want to part with them. 1 Quote Link to comment Share on other sites More sharing options...
Blame Me Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, Aufc said: The issue with this is there will be hundreds (thousands for a club like you) who are investing in a very small percentage of shares (I’m assuming it’s done via a lottery or something?). So if these people are expecting a say in the business then you end up with far too people involved. Additional issue is that the majority of them have an emotional tie to the club so hard to step back sometimes and see the bigger picture. From my experience, these things are a very beneficial way of raising additional funds for the club whilst allowing the participants a chance to win an amount each month (and get some nice share certificates as a keepsake). It is not to allow the participants to get a say in how to run the club. As a shareholder, they also get invited to the AGM where they can ask questions of the board. This method is actually a pretty good way to get people, who ordinarily don’t go to games and don’t have an emotional tie to the club, to donate money. Something like £20 a month with the chance to win some money each month plus a nice certificate of shares. Most of these people don’t want to sponsor a shirt or buy a season ticket. Just to clarify - it's the FSS who are buying the shares not individuals so collectively Falkirk fans have more say in how the club is ran rather than each fan having a say. 0 Quote Link to comment Share on other sites More sharing options...
TheScarf Posted July 12, 2022 Share Posted July 12, 2022 31 minutes ago, Sarah67 said: Yep and people lapped it up as they are desperate to see us sign a proper striker. The new BOD need to give JM the cash to get a decent striker in as that’s the difference in this league as we all saw when we had McManus. Bet they’re regretting the huge amount of money wasted on Leigh Griffiths now. Damage is done now but we can’t afford (literally!) another mistake like that again. You've probably answered your own point there. 0 Quote Link to comment Share on other sites More sharing options...
Rugster Posted July 12, 2022 Share Posted July 12, 2022 Here we go 0 Quote Link to comment Share on other sites More sharing options...
Falkirkfan1985 Posted July 12, 2022 Share Posted July 12, 2022 I wonder if its anything to do with Partick...given they quoted them 0 Quote Link to comment Share on other sites More sharing options...
FFC 1876 Posted July 12, 2022 Share Posted July 12, 2022 1 minute ago, Rugster said: Here we go Nah they're just trying to mock Partick for copying our approach to revealing a new signing. 0 Quote Link to comment Share on other sites More sharing options...
Rugster Posted July 12, 2022 Share Posted July 12, 2022 3 minutes ago, FFC 1876 said: Nah they're just trying to mock Partick for copying our approach to revealing a new signing. Ah for f**k's sake 0 Quote Link to comment Share on other sites More sharing options...
gav-ffc Posted July 12, 2022 Share Posted July 12, 2022 With Weston going to Partick hopefully that means McKinnon is Falkirk bound. 0 Quote Link to comment Share on other sites More sharing options...
LatapyBairn. Posted July 12, 2022 Share Posted July 12, 2022 (edited) 2 hours ago, Blame Me said: Forgive me but it does seem like there is confusion as to the purpose of the FSS. The contributions are to have more say in how the club is run and gain more involvement in the decision making - and future direction of the club - by buying shares. It's not to sustain the clubs cashflow as supporters are already doing that with season tickets, match tickets and retail alongside the wider sponsorship deals the club has. I think it’s a bit of both, when/if the FSS reaches its target of 26% looking forward longer term I presume the money raised will still be re-invested in the club in some other way than the purchase of shares. Not to bankroll the full club operation as such but certainly to provide an extra income stream that would give us a competitive advantage, ideally with the members being canvased on how money raised each year should be spent. Edited July 12, 2022 by LatapyBairn. 0 Quote Link to comment Share on other sites More sharing options...
Marshmallo Posted July 12, 2022 Share Posted July 12, 2022 Weston was one I was really hoping we could get in on loan so that's a bit of a blow. Scored for fun in the LL and seems to be really highly rated. We're in a tough position in some ways but I feel like there's loads of players I'd been hopeful of signing that have either gone to clubs around us (eg Ballantyne), clubs up a league (eg Easton, Weston, Brown) or re-signed with their current clubs (eg Frizzel). I'm hoping a few players get freed up for loans as clubs further up the chain complete their business. Our squad is really thin atm - tonight it's basically 11 players who can start, a sub keeper, Wilson and bunch of weans. Hopefully we don't panic and sign any old dross but we're going to have to twist at some stage. 2 Quote Link to comment Share on other sites More sharing options...
Bigbri Bairn Posted July 12, 2022 Share Posted July 12, 2022 I think it was a fake news story. We've got Oliver, Malcolm and Wilson who are all going to score 10+ goals in training this season. Wilson is our pre season star remember so his season is now over 0 Quote Link to comment Share on other sites More sharing options...
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