Braes_Bairn Posted August 29, 2022 Share Posted August 29, 2022 Since the latest FSS newsletter revealed the budget gap has risen from £300k to £400k how are we going to fill this gap? Yes the performances on the park are much more encouraging the last few weeks but it is a big concern how we are going to fill this black hole with very little in the bank. Previously we had board members with the bank balance to be able to provide a soft loan, where is this money going to come from now? 2 Quote Link to comment Share on other sites More sharing options...
LatapyBairn. Posted August 29, 2022 Share Posted August 29, 2022 (edited) 21 minutes ago, Braes_Bairn said: Since the latest FSS newsletter revealed the budget gap has risen from £300k to £400k how are we going to fill this gap? Yes the performances on the park are much more encouraging the last few weeks but it is a big concern how we are going to fill this black hole with very little in the bank. Previously we had board members with the bank balance to be able to provide a soft loan, where is this money going to come from now? Pretty sure there are still shareholders willing to provide soft loans as has been done in previous seasons if absolutely needed, I’d obviously prefer the club to avoid this if we possibly can tho. It’s still debt that needs to be repaid, the BOD have been transparent about the planned over spend which was designed to maintain the playing budget, they have already stated there is a plan and targets in place to increase revenue thus closing the funding gap, we’ll find out if they are hitting those targets at the AGM I presume. Although not quite a dooms day scenario if we don’t go up this year next season things are going to get seriously difficult if we are to maintain current levels of spending. We made an operating loss off 700k last year which was obviously plugged via external investment, a potential 400k operating loss in this year is obviously an improvement but additional investment will still need to be brought in again to fund it. Edited August 29, 2022 by LatapyBairn. 0 Quote Link to comment Share on other sites More sharing options...
Bairnardo Posted August 29, 2022 Share Posted August 29, 2022 Cheers lads. Tickets bought. Looking forward to a ground iv not been to before and Callumn Morrison thundercunting 40 yarders about the place 0 Quote Link to comment Share on other sites More sharing options...
bejazz1 Posted August 29, 2022 Share Posted August 29, 2022 Agree with BPM most people online go straight to social media nowadays for information however the website does need to be up to date and accurate. It is an issue the club need to address all be it a very very minor one. So…why not pull the plug on it then? Surely if it’s a waste of time, then either use it as intended or just make it look at if the club is run by people who don’t give a shit. My view is, Use it or lose it!!! 0 Quote Link to comment Share on other sites More sharing options...
Guest Caractacus Potts Posted August 29, 2022 Share Posted August 29, 2022 23 minutes ago, Braes_Bairn said: It’s now over a month since the last discussions about the website and very little has changed. Yet again we still can’t get basics right: - Airdrie result the last to be updated - Dundee match not on fixtures - Still no match reports Why can’t we get the basics right as a club? What exactly does our Chief Executive do to justify his role as he certainly isn’t ensuring high standards across everything the club does? I do wonder this too. Know it’s a step up from Stenny so probably a bit of a learning curve but he is the one that’s paid to run the club and been there for over a year now. 0 Quote Link to comment Share on other sites More sharing options...
Zbairn Posted August 29, 2022 Share Posted August 29, 2022 (edited) I'm a member of the 1876 club paying a tenner a month along with a good few other folk. No monthly draw reported since April ! reported to Jamie last week..... still nowt ! Edited August 29, 2022 by Zbairn 0 Quote Link to comment Share on other sites More sharing options...
alonso Posted August 29, 2022 Share Posted August 29, 2022 Anybody know what time the supporters bus leaves from York Square Grangemouth tomorrow ? Unless I'm missing something somewhere I couldn't find any info anywhere for any supporters buses. 0 Quote Link to comment Share on other sites More sharing options...
bejazz1 Posted August 29, 2022 Share Posted August 29, 2022 Anybody know what time the supporters bus leaves from York Square Grangemouth tomorrow ? Unless I'm missing something somewhere I couldn't find any info anywhere for any supporters buses. 0 Quote Link to comment Share on other sites More sharing options...
alonso Posted August 29, 2022 Share Posted August 29, 2022 3 minutes ago, bejazz1 said: Cheers For future reference where did you get this from.. 0 Quote Link to comment Share on other sites More sharing options...
Rizzo Posted August 29, 2022 Share Posted August 29, 2022 If someone wished to volunteer for the club, which email address is best to use? 0 Quote Link to comment Share on other sites More sharing options...
Springfield Posted August 29, 2022 Share Posted August 29, 2022 59 minutes ago, LatapyBairn. said: Pretty sure there are still shareholders willing to provide soft loans as has been done in previous seasons if absolutely needed, I’d obviously prefer the club to avoid this if we possibly can tho. It’s still debt that needs to be repaid, the BOD have been transparent about the planned over spend which was designed to maintain the playing budget, they have already stated there is a plan and targets in place to increase revenue thus closing the funding gap, we’ll find out if they are hitting those targets at the AGM I presume. Although not quite a dooms day scenario if we don’t go up this year next season things are going to get seriously difficult if we are to maintain current levels of spending. We made an operating loss off 700k last year which was obviously plugged via external investment, a potential 400k operating loss in this year is obviously an improvement but additional investment will still need to be brought in again to fund it. External investment ? Keen to know what funding was external ? Rawlings ? 0 Quote Link to comment Share on other sites More sharing options...
Reggie Perrin Posted August 29, 2022 Share Posted August 29, 2022 Do the club actually have a media and communications person at the moment? 0 Quote Link to comment Share on other sites More sharing options...
PedroMoutinho Posted August 29, 2022 Share Posted August 29, 2022 10 minutes ago, Reggie Perrin said: Do the club actually have a media and communications person at the moment? 2 I believe 0 Quote Link to comment Share on other sites More sharing options...
bejazz1 Posted August 29, 2022 Share Posted August 29, 2022 Cheers For future reference where did you get this from.. An email from the guy who runs the bus. He sends out details to all members etc. 0 Quote Link to comment Share on other sites More sharing options...
Ecosse83 Posted August 29, 2022 Share Posted August 29, 2022 1 hour ago, Braes_Bairn said: It’s now over a month since the last discussions about the website and very little has changed. Yet again we still can’t get basics right: - Airdrie result the last to be updated - Dundee match not on fixtures - Still no match reports Why can’t we get the basics right as a club? What exactly does our Chief Executive do to justify his role as he certainly isn’t ensuring high standards across everything the club does? Check the club Twitter feed and you will find everything you need. 0 Quote Link to comment Share on other sites More sharing options...
Brockvillenomore Posted August 29, 2022 Share Posted August 29, 2022 (edited) Amid all the gloom and doom on here a reminder that there are some positives. This is an excellent piece and the goals are even better Edited August 29, 2022 by Brockvillenomore 9 Quote Link to comment Share on other sites More sharing options...
Brockvillenomore Posted August 29, 2022 Share Posted August 29, 2022 4 hours ago, Shodwall cat said: Aye but the rules are the same. Clearly not given our captain is suspended. 0 Quote Link to comment Share on other sites More sharing options...
Tea and Busquets Posted August 29, 2022 Share Posted August 29, 2022 700+ tickets sold for tomorrow. Fair play to us all again 4 Quote Link to comment Share on other sites More sharing options...
Ecosse83 Posted August 29, 2022 Share Posted August 29, 2022 5 minutes ago, Brockvillenomore said: Amid all the gloom and doom on here a reminder that there are some positives. This is an excellent piece and the goals are even better But the website still doesn’t have Dundee tomorrow on the fixture list 0 Quote Link to comment Share on other sites More sharing options...
HopeStreetWalker Posted August 29, 2022 Share Posted August 29, 2022 1 hour ago, LatapyBairn. said: Pretty sure there are still shareholders willing to provide soft loans as has been done in previous seasons if absolutely needed, I’d obviously prefer the club to avoid this if we possibly can tho. It’s still debt that needs to be repaid, the BOD have been transparent about the planned over spend which was designed to maintain the playing budget, they have already stated there is a plan and targets in place to increase revenue thus closing the funding gap, we’ll find out if they are hitting those targets at the AGM I presume. Although not quite a dooms day scenario if we don’t go up this year next season things are going to get seriously difficult if we are to maintain current levels of spending. We made an operating loss off 700k last year which was obviously plugged via external investment, a potential 400k operating loss in this year is obviously an improvement but additional investment will still need to be brought in again to fund it. With no fixed assets (stadium) to borrow against apart from goodwill Falkirk Football Club is worthless. Depending on the fans at the end of the day to address any financial difficulties considering the unfolding financial crisis where feeding, heating, and keeping a roof over yourself and your family rightly will be the priority. The viability of the club and many others is in question and I fear some will not see out the season. Therefore for the future of the football club the business plan must be to buy the stadium and surrounding land even if its a 100-year mortgage. Because with that the future of the clubs 150th anniversary and its 200th and beyond will be secured. 0 Quote Link to comment Share on other sites More sharing options...
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