The Falkirk FC Thread

[JulioBairn]

1 hour ago, Passionate said:

See if Airdrie beat Falkirk 'again' on Saturday,  would it B suitable if we also brought out a T shirt, seems right,  don't worry we could donate A quid per short sale for Save the Bairns fund 'again '

 

 

Congratulations mate. You’ve just shown yourself to be a bigger divot than that Morton clown.

Miles off it. 

[AYRSHIRE_ANGUS]

7 hours 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.

Never thought I'd see actuarial chat on P&B 

[Reggie Perrin]

8 minutes ago, AYRSHIRE_ANGUS said:

Never thought I'd see actuarial chat on P&B 

It was almost as boring as the Morton gimp that hangs around here.

[superandy_07]

 

[Back Post Misses]

2 minutes ago, superandy_07 said:

 

A Scottish Cup run the last chance. What a lot of utter drivel. 

[TxRover]

6 hours ago, Duncan Freemason said:

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

Nah, VT is the Clown Prince, complete with clown shoes.

[Enigma]

1 hour ago, Back Post Misses said:

A Scottish Cup run the last chance. What a lot of utter drivel. 

“John and Smudger doing a great job” equally so…

[Harry Kinnear]

8 hours ago, superandy_07 said:

 

A Newcastle Utd/Berwick Rangers fan has the inside info on our clubs situation. Oh well that’s it we are truly humped, might as well just shut up shop and go home.

[PedroMoutinho]

I have no idea whether it’s true that the auditors have refused to sign off the accounts. Clearly delaying the AGM is an unprecedented and serious step.

Possibly the bod are still in discussions with MR and SA about a funding package. If that is the case, those two will deserve enormous credit for yet again stopping the doors shutting. 

There will also need to be careful consideration imo of whether adding an unfunded £150k to the football budget was a wise move.

[Zbairn]

19 minutes ago, PedroMoutinho said:

I have no idea whether it’s true that the auditors have refused to sign off the accounts. Clearly delaying the AGM is an unprecedented and serious step.

Possibly the bod are still in discussions with MR and SA about a funding package. If that is the case, those two will deserve enormous credit for yet again stopping the doors shutting. 

There will also need to be careful consideration imo of whether adding an unfunded £150k to the football budget was a wise move.

If we didn’t, our squad would have been much the same as last season with a load of the dross getting regular playing time. Mid table at best. Attendances down, less hospitality and no feel good factor. Our slow decline would have been cemented. 
 

At the moment there is a glimmer of hope. If by some miracle we get promoted then it will all have been worthwhile.

The hole in the finances is not insurmountable if all the fans stick together and help over the next few months. That includes possible loans, new Patrons, 10 yr season ticket uptake, increase in the FSS membership, higher gates etc.

As an aside, although the figure of around 620 FSS members is a great achievement in less than a year, imagine what a difference it would make if even half our core support of 4000 took up membership!

[PedroMoutinho]

13 minutes ago, Zbairn said:

If we didn’t, our squad would have been much the same as last season with a load of the dross getting regular playing time. Mid table at best. Attendances down, less hospitality and no feel good factor. Our slow decline would have been cemented. 
 

At the moment there is a glimmer of hope. If by some miracle we get promoted then it will all have been worthwhile.

The hole in the finances is not insurmountable if all the fans stick together and help over the next few months. That includes possible loans, new Patrons, 10 yr season ticket uptake, increase in the FSS membership, higher gates etc.

As an aside, although the figure of around 620 FSS members is a great achievement in less than a year, imagine what a difference it would make if even half our core support of 4000 took up membership!

I can totally see why the extra budget was made available, but ultimately of the money’s not there, it’s not there. I certainly wouldn’t have allowed Mcglynn to keep all of last season’s dross on the basis of squad harmony.

The target of 4000 FSS members was just not realistic.

It seems like the patrons were whether unwilling or unable to provide the extra funds so the club’s now left begging MR and SA.

[Zbairn]

3 minutes ago, PedroMoutinho said:

I can totally see why the extra budget was made available, but ultimately of the money’s not there, it’s not there. I certainly wouldn’t have allowed Mcglynn to keep all of last season’s dross on the basis of squad harmony.

The target of 4000 FSS members was just not realistic.

It seems like the patrons were whether unwilling or unable to provide the extra funds so the club’s now left begging MR and SA.

The dross from last season have contracts that would still need to be paid. McGlynn’s budget would have to take that into account

. 
I never said 4000 is realistic, but if they got a 50 or even 40% uptake of fans who turn up every Saturday, that would make a huge difference,

I believe some new Patrons have signed up. Other initiatives like the 10 yr season ticket all helps. The begging bowl might not be as deep as it could have been. With luck if we beat Alloa in the cup and a half decent draw in the next round, we may actually not need the bowl. 
 

[LatapyBairn.]

57 minutes ago, PedroMoutinho said:

I can totally see why the extra budget was made available, but ultimately of the money’s not there, it’s not there. I certainly wouldn’t have allowed Mcglynn to keep all of last season’s dross on the basis of squad harmony.

The target of 4000 FSS members was just not realistic.

It seems like the patrons were whether unwilling or unable to provide the extra funds so the club’s now left begging MR and SA.

How do you know the patrons haven’t contributed any additional funding? Have the club released a statement I haven’t seen? I’d heard the opposite to be honest and that there has been a pretty diverse mix of sources within the financial package. I also don’t think anybody thinks or has said hitting 4000 FSS members is a realistic target but getting half of that should be when you see the numbers other clubs who are fan owned have paying into similar schemes. 

Edited December 2, 2022 by LatapyBairn.

[gav-ffc]

13 hours ago, Passionate said:

See if Airdrie beat Falkirk 'again' on Saturday,  would it B suitable if we also brought out a T shirt, seems right,  don't worry we could donate A quid per short sale for Save the Bairns fund 'again '

 

 

 

[Dawson Park Boy]

1 hour ago, PedroMoutinho said:

I have no idea whether it’s true that the auditors have refused to sign off the accounts. Clearly delaying the AGM is an unprecedented and serious step.

Possibly the bod are still in discussions with MR and SA about a funding package. If that is the case, those two will deserve enormous credit for yet again stopping the doors shutting. 

There will also need to be careful consideration imo of whether adding an unfunded £150k to the football budget was a wise move.

Also have no idea as to the truth or otherwise of this story but I have always recognised that the Auditors were going to be the means of bringing things to a head one way or another.
 

[Shodwall cat]

2 hours ago, PedroMoutinho said:

I have no idea whether it’s true that the auditors have refused to sign off the accounts. Clearly delaying the AGM is an unprecedented and serious step.

Possibly the bod are still in discussions with MR and SA about a funding package. If that is the case, those two will deserve enormous credit for yet again stopping the doors shutting. 

There will also need to be careful consideration imo of whether adding an unfunded £150k to the football budget was a wise move.

It's not unprecedented though is it? I'm sure it's been delayed to the following year a few times before.

[Sarcastic Bairn]

I’m not sure if there is any point in having a discussion with people who are ultimately always on here trying to bring the club down.

It’s so obvious it’s not a different view, it’s clearly there to cause fear and rumour amongst supporters.

 

[PedroMoutinho]

9 minutes ago, Sarcastic Bairn said:

I’m not sure if there is any point in having a discussion with people who are ultimately always on here trying to bring the club down.

It’s so obvious it’s not a different view, it’s clearly there to cause fear and rumour amongst supporters.

 

If you aren’t concerned about the club’s financial position, that’s up to you. However, this insinuation that anyone who asks questions is somehow part of an anti-bod/anti-patron conspiracy is extremely unhelpful.

The fact is that if the auditors have refused to approve the accounts on a going concern basis, that’s very serious as they will only do that they believe if a business has to viable alternative but to cease trading.

Edited December 2, 2022 by PedroMoutinho

[PedroMoutinho]

46 minutes ago, LatapyBairn. said:

How do you know the patrons haven’t contributed any additional funding? Have the club released a statement I haven’t seen? I’d heard the opposite to be honest and that there has been a pretty diverse mix of sources within the financial package. I also don’t think anybody thinks or has said hitting 4000 FSS members is a realistic target but getting half of that should be when you see the numbers other clubs who are fan owned have paying into similar schemes. 

I didn’t say the patrons haven’t contributed any additional funding. I said clearly they are unable or unwilling to cover the full black whole amount, so it is a risky decision to then increase the playing budget substantially.

[Rugster]

8 minutes ago, PedroMoutinho said:

 

The fact is that if the auditors have refused to approve the accounts on a going concern basis, that’s very serious as they will only do that they believe if a business has to viable alternative but to cease trading.

Is it actually a fact though?