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League Reconstruction 20/21 season


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42 minutes ago, topcat(The most tip top) said:

 


Basically you’re arguing that it’s ok to take financial gambles providing they pay off.

 

In a situation where you've got enough to cover any potential loss and still leave you without debt, and a large part of "going over budget" is increasing wages/contracts of young sellable assets, then it's not a daft plan is it?

By most accounts extending the deals for Clark, Kerr and McCann seen significant increases to all their salaries. Take out those three and the budget would be comfortably fine for a 8th placed finish.

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16 hours ago, Pet Jeden said:

If it is anything beyond Feb 2021, why not just play the outstanding fixtures and play offs?

Because Dundee United, Raith Rovers and Cove have already been declared champions and promoted, and Partick and Stranraer relegated. This season for those leagues is finished.

It would be unfeasible to allow the Premiership alone to resume playing in March 2021 to complete this season. What would the teams in every division below be doing? Twiddling their thumbs to suit Rangers?

In fact doing just that, for Celtic to pump Rangers in the first game back to extend the gap to 16 points, would be the most Scottish football thing ever.

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Basically you’re arguing that it’s ok to take financial gambles providing they pay off.


How is it a gamble? We've got significant CASH reserves through years of prudence. It's literally the definition of living within our means.
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26 minutes ago, Todd_is_God said:

Because Dundee United, Raith Rovers and Cove have already been declared champions and promoted, and Partick and Stranraer relegated. This season for those leagues is finished.

It would be unfeasible to allow the Premiership alone to resume playing in March 2021 to complete this season. What would the teams in every division below be doing? Twiddling their thumbs to suit Rangers?

In fact doing just that, for Celtic to pump Rangers in the first game back to extend the gap to 16 points, would be the most Scottish football thing ever.

Good points. Reinforces the conclusion that when the SPFL board said that a decision on the Premier was being deferred, that was a sham?

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25 minutes ago, Fife Saint said:
14 hours ago, topcat(The most tip top) said:


Basically you’re arguing that it’s ok to take financial gambles providing they pay off.

 

How is it a gamble? We've got significant CASH reserves through years of prudence. It's literally the definition of living within our means.

You know what the cash position was at this time last year. Unless you are a StJ insider, you have no idea what the cash position will be this May after 2 months of no income 

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You know what the cash position was at this time last year. Unless you are a StJ insider, you have no idea what the cash position will be this May after 2 months of no income 
Hang on a minute, you're off on a tangent here.

It's a matter of company record what the club's cash position was.

I'm fairly sure even the great Steve Broon never foresaw the global pandemic in his quoted comments.

What on earth that has to do with budget versus reality in the context of this discussion is irrelevant.

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1 minute ago, Pet Jeden said:

You know what the cash position was at this time last year. Unless you are a StJ insider, you have no idea what the cash position will be this May after 2 months of no income 

it should be in the ball park of 1.5 to 1.75 million

We never put season tickets on sale until the 1st of June so the cash figure in the bank is before any income of this season.

The losses Steve Brown was talking about in January were in the region of 200k and the last 3 months of the season will have certainly added to that.  Not ideal but what the rainy day fund was for and a reason the club are only asking for donations to the youth set up just now while some are wanting to contribute to the first team where the board feel its not needed.

if the club turn around and start asking for money or break with tradition and put season tickets on sale before the year end (personally I dont think clubs should be allowed to sell season tickets before the previous season has ended) then the burn on the cash will be been even faster than above.

 

 

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15 minutes ago, C4mmy31 said:

Shittin himself i'd imagine.... he's been implicated in a Romanian fraud investigation with £37m disappearing from his own bank.

If he is shitting it, it won't be from the Romanian authorities - the Russians don't extradite their own. If he is guilty though, he might be a bit fearful of anybody who doesn't want him to talk.

Edited by Pet Jeden
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20 hours ago, Pet Jeden said:

Okay. Well at least you are accepting that your view is based on fear and protecting St Mirren, rather than any kind of sporting integrity. 
As for your claim that Hearts would simply buy their way out of trouble - now you’re taking the piss. Did you you not see our expensive squad in action?

Where is the sporting integrity when you play the remaining most crucial 8 games with a different squad from the squad that played the previous 30? No integrity there. I gave St Mirren as an example but that goes for every Club. Dumbarton and Stranraer would have the disadvantage of having NO players on their books after June and with very little cash to sign a new squad in January or whatever. Possibly signing Junior players as that is all they could afford. Meanwhile richer clubs sign up all the decent players freed in June to save their arse.

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6 minutes ago, NorthBank said:

Where is the sporting integrity when you play the remaining most crucial 8 games with a different squad from the squad that played the previous 30? No integrity there. I gave St Mirren as an example but that goes for every Club. Dumbarton and Stranraer would have the disadvantage of having NO players on their books after June and with very little cash to sign a new squad in January or whatever. Possibly signing Junior players as that is all they could afford. Meanwhile richer clubs sign up all the decent players freed in June to save their arse.

1. So, you do agree that the last 8 games would have  been crucial to the final outcome. Good. Makes a change from St Mirren fans' usual mantra of "yous deserved it".

2. Squads change during the season -  signings throughout August and January and free agents at any time. Maybe even St Mirren did this?

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1 minute ago, NorthBank said:

Where is the sporting integrity when you play the remaining most crucial 8 games with a different squad from the squad that played the previous 30? No integrity there. I gave St Mirren as an example but that goes for every Club. Dumbarton and Stranraer would have the disadvantage of having NO players on their books after June and with very little cash to sign a new squad in January or whatever. Possibly signing Junior players as that is all they could afford. Meanwhile richer clubs sign up all the decent players freed in June to save their arse.

It's inevitable that somebody is going to be left feeling hard done by. That might as well be Stranraer  instead of Partick. 

 

 

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31 minutes ago, Fife Saint said:

Hang on a minute, you're off on a tangent here.

It's a matter of company record what the club's cash position was.

I'm fairly sure even the great Steve Broon never foresaw the global pandemic in his quoted comments.

What on earth that has to do with budget versus reality in the context of this discussion is irrelevant.
 

Well, partly. "Accounts for a small company". A bit like yer local Subway shop. No full cashflow.

Edited by Pet Jeden
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Accounts are issued to shareholders and often shared online.

I'm not getting your point, everyone Is aware there will be an adverse impact on cash for all clubs due to the virus. That has nothing to do with Steve Browns comments in Februraruy.

We're fortunate to be in a stronger position than most due to good management and prudent spending within the club's means.

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29 minutes ago, Green Day said:

When is the Hearts documentary series due on the tellybox?

 

We should get it out on on Sky Box Office. Could be the biggest earner in Scottish football in 2020. How much would you pay to watch it?

Edited by Pet Jeden
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2 hours ago, Pet Jeden said:

1. So, you do agree that the last 8 games would have  been crucial to the final outcome. Good. Makes a change from St Mirren fans' usual mantra of "yous deserved it".

Please be under no illusion that both of these statements are anything other than absolutely correct and have very little overlap. 

Edited by djchapsticks
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1 hour ago, Pet Jeden said:

Good points. Reinforces the conclusion that when the SPFL board said that a decision on the Premier was being deferred, that was a sham?

No i think it was more to do with UEFA sabre rattling about not allowing leagues which finish early have their member clubs compete in Europe next season.

Now that position has been relaxed i imagine it will also be called sooner rather than later.

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