Springfield Posted March 16 Share Posted March 16 10 hours ago, PedroMoutinho said: I have no agenda of any sort. The previous regime had run its course and received well deserved criticism at times. However, I don’t believe the new board should be immune from comment or challenge, as some seem to think. Of course there have been improvements. However, in the absence of directors able to provide soft loans, we are now facing £400k cut to the playing budget. I suspect I am not the only one who feels we are very unlikely to be able to raise that from the FSS and Falkirk Forever. I therefore don’t agree with the opposition to seeking external investment. After years of despair and disappointment, I don’t think there’s anyone that doesn’t recognise that with John McGlynn & Paul Smith in charge, we’ve got our identity back. Our current set of players have got us to a semi final slot, and challenging in reality a play off spot, and after viewing not only the scenes after the Ayr result, but after watching many videos, we have players that care about the club, compared to hordes that have been shirt stealers. We thank the BOD for identifying the management team and backing, allowing M&S to build a team of players that can get us out this hell hole. So some hard financial facts, the club starts of every new season with a deficit that is simply unsustainable, figures of around 0.3-0.5M as reported, and in reality without this shortfall/deficit being addressed, it’s likely we will need to remove this cost from the football budget, which would weaken our squad significantly. With the goodwill of many patrons, private investors and (soft) loans we are on target to meet this years budget. After all the talk about fan ownership (FSS) and after listening to the podcast, It’s abundantly clear that the club want the fan ownership to replace the existing model, that we start with a huge minus cost every new season. Absolutely agree with any business-financial model that gives the balance sheet anything better than a minus, but some concern that is all “weighted” on FSS/additional new scheme making the shortfall. As conveyed by the directors during the podcast, there is currently no wealthy fan willing to write of losses each year, so any short fall is self funding. I sincerely hope we can reach the targeted numbers, but concern should we not reach anywhere near the expected shareholding. Maybe I’ve misinterpreted the directors stance, but there seems to be resistance against any external investment. Again I fully understand that any external investment can open the doors for predatory figures, which of course we don’t want, but it would be good to know if someone like the Rawlings were interested in investing in the club, would we politely decline ? On the Rawlings, it’s all went very quiet, and there was some whispers that they were bringing in additional funding? I’m assuming this is not the case now? Are they still happy at the club? Or are they trying to negate an exit? There’s not one supporter that won’t back the club where possible, my concern is plan B, should the fan ownership not succeed. 2 Quote Link to comment Share on other sites More sharing options...
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