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4 hours ago, Yenitit said:

Just saw Nelms update and the rumoured 30% wage cuts.
 

Looks like most things hinge on the FCA court hearing in July. Goes to plan and our insurance pays out and we’re covered until the season gets underway. Right now they’re doing the right thing by trying to cut the wage bill accordingly incase it doesn’t payout. As regards the season tickets, they’ll be up to around what they normally are a month or so before the season kicks off. Anyone that can afford to get a season ticket in the current climate will hopefully get 1.

 

4 hours ago, Yenitit said:

Just saw Nelms update and the rumoured 30% wage cuts.
 

Looks like most things hinge on the FCA court hearing in July. Goes to plan and our insurance pays out and we’re covered until the season gets underway. Right now they’re doing the right thing by trying to cut the wage bill accordingly incase it doesn’t payout. As regards the season tickets, they’ll be up to around what they normally are a month or so before the season kicks off. Anyone that can afford to get a season ticket in the current climate will hopefully get 1.

What, your insurance might not pay out? Surely not, you guys said it was a stick on.

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51 minutes ago, kdyteejay said:

 

What, your insurance might not pay out? Surely not, you guys said it was a stick on.

It is and was.  Precisely why the FCA has taken insurers to the High Court as they're trying to wriggle out of pretty much everything across the country. We're in a stronger position than most due to the bespoke wording of our policies.

Details of the court case and ongoing step by step updates can be found here: https://www.fca.org.uk/firms/business-interruption-insurance

If you want to read the insurers reasons for not wanting to pay out: https://www.fca.org.uk/publication/corporate/defence-arch-insurance-uk-ltd.pdf

ETA: What makes this an absolute nightmare for us is that even if we win the judgement due in late July, the insurers will absolutely appeal the decision thus adding more months onto us receiving absolutely anything when we need it most.

If anyone wants to read an easy reading version of what's going on: https://accessaa.co.uk/insurers-and-live-venues-to-fight-landmark-legal-case/

'A best-case scenario for payouts if the case won in court would be late August or September'

 

Edited by Ludo*1
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every club will be going through a very difficult time regarding finance. i wouldn’t want any club going bust either. people potentially losing jobs as well and people are laughing about that? have a word with yourself

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12 hours ago, G_Man1985 said:

Let's see how this all plays out.

I'm just looking forward to part time football and admin3. I'm guessing that is what opposition fans are wanting to hear?

 

Not at all. We have moved on from all that. Administration wouldn't be good at all. Liquidation would be delicious. 

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7 hours ago, Lex said:

Do Dundee fans think they can challenge Hearts next season?

I don't think so, no. It would take Hearts having an abysmal start for anyone to get near them, IMO. Especially now Neilson is back. 

I can see them being out in front from start to finish, then ourselves in second comfortably. After that it's anyone's guess. 

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It is and was.  Precisely why the FCA has taken insurers to the High Court as they're trying to wriggle out of pretty much everything across the country. We're in a stronger position than most due to the bespoke wording of our policies.
Details of the court case and ongoing step by step updates can be found here: https://www.fca.org.uk/firms/business-interruption-insurance
If you want to read the insurers reasons for not wanting to pay out: https://www.fca.org.uk/publication/corporate/defence-arch-insurance-uk-ltd.pdf
ETA: What makes this an absolute nightmare for us is that even if we win the judgement due in late July, the insurers will absolutely appeal the decision thus adding more months onto us receiving absolutely anything when we need it most.
If anyone wants to read an easy reading version of what's going on: https://accessaa.co.uk/insurers-and-live-venues-to-fight-landmark-legal-case/
'A best-case scenario for payouts if the case won in court would be late August or September'
 


Good work Ludo.
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36 minutes ago, Ad Lib said:

Looks like Mr Nelms has taken his foot off the ball and unpaused, only to be nutmegged then blootered in the baws by financial reality.

Huh. Karma.

Looks like Partick are still going to be in League One paying players on tick. 

Huh. Klarna. 

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10 hours ago, Lex said:

Do Dundee fans think they can challenge Hearts next season?

Nope, we will have a terrible start, be mid table after the second round of fixtures and end up scrambling to third behind hearts and ICT. 

Edited by Spikethedee
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23 minutes ago, Fife Saint said:

I wonder what Keyes' loss threshold is. I mean, there must be a number in his head where it crosses a line..

What is the losses total at with Keyes time in charge right now? You sound like you would know.

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7 minutes ago, derrybiy said:

I tried to buy a season ticket online but I can't pick my seat. I'll need to phone next week.

There seems to be two portals. Did you click a link in one of the news stories or did you get all the way there through ticketing? 

I tried one and it opened up an overhead selection page where picking seats was a doddle but I've seen a load of folk complaining they can't get there. 

Edit : Here is where I got it :

 

https://mpv.tickets.com/schedule/?agency=DDMS_MPV&orgid=54151#view=list

 

Edited by Mr. Alli
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Paul McGowan has agreed a 50% pay cut until the start of the season at which point it'll be topped up to 75% of his previous wage.

This is despite a top flight club offering him a deal.

Derry'd Oot His Nut.

Yasssssssss.

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38 minutes ago, Mr. Alli said:

There seems to be two portals. Did you click a link in one of the news stories or did you get all the way there through ticketing? 

I tried one and it opened up an overhead selection page where picking seats was a doddle but I've seen a load of folk complaining they can't get there. 

Edit : Here is where I got it :

 

https://mpv.tickets.com/schedule/?agency=DDMS_MPV&orgid=54151#view=list

 

Yeah I got the seat map but it won't let me pick my seat. Maybe you can't renew online unless you already have an account.

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