forlanssister 3,050 Posted July 20, 2014 Share Posted July 20, 2014 The flexibility to use our assets "to promote the success of the company". Whist I have no great objection in principle to using asset based finance, my own business for example could not function without doing so and it is a perfectively normal and useful tool of business. However in saying that there is the caveat of trust and there isn't a single member of the present board that I would trust to ensure any such deal is properly constructed and for the benefit of the club as opposed to certain office bearers and shareholders. We are unable to move forward as long as we are run and controlled by those who see the club as nothing more than a vehicle for personal enrichment or in the Easdales case an attempt to buy credibility. 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted July 20, 2014 Share Posted July 20, 2014 I read someone saying they're tempted to email the club about cancelling their season ticket because they don't want concessions to be made to Sons of Struth Hahaha. The world is full of idiots:D 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted July 20, 2014 Share Posted July 20, 2014 they would offer you a region of the turf on lease with your season book or change the terms of your season book purchase or whatever. What plan is that exactly? The one that Mr King is still working on, no doubt? Just the turf or any of the infrastruture as well, how about a share of a player or two or the management team? In what way would they change the terms of a season ticket to meet your criteria? 0 Quote Link to post Share on other sites More sharing options...
lenzEK 0 Posted July 20, 2014 Share Posted July 20, 2014 No they are not; not even GS would say that, well I don't think he would. The puppets occupying the boardroom may have altered have but those pulling the strings haven't. I view them all as being part of the same group responsible for the current financial position. As opposed to the usual 'legacy' of the last individuals who have had to take one for the team and disappear to count their money! 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted July 20, 2014 Share Posted July 20, 2014 By selling them. NO, I don't see how selling our major assets would promote the success of the company, rather the opposite I would think especially when you look at the criteria: A director of a company must act in the way he considers, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole, and in doing so have regard (amongst other matters) to— (a)the likely consequences of any decision in the long term, (b)the interests of the company's employees, ©the need to foster the company's business relationships with suppliers, customers and others, (d)the impact of the company's operations on the community and the environment, (e)the desirability of the company maintaining a reputation for high standards of business conduct, and (f)the need to act fairly as between members of the company. http://www.legislation.gov.uk/ukpga/2006/46/section/172 0 Quote Link to post Share on other sites More sharing options...
lenzEK 0 Posted July 20, 2014 Share Posted July 20, 2014 We need to realise that whilst remaining out of the top division and competing in Europe our finances were never going to be great as we strive to get back there in the shortest possible timescale Turnover had to drop, money didn't have to disappear. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted July 20, 2014 Share Posted July 20, 2014 When it opened back in 2001 I recall SDM telling us it would be used to produce our own players instead of buying from other clubs. In that respect it has been a failure IMO.As for a first team training complex all I'd say is after watching these past two seasons against part timers and amateurs it isn't doing great there either. In all seriousness we should be getting a damn sight more out of MP than we are. If that means changing personnel then so be it The facility itself is not the problem Rab, it's the people we pay to work there which are. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 20, 2014 Share Posted July 20, 2014 NO, I don't see how selling our major assets would promote the success of the company, rather the opposite I would think especially when you look at the criteria: A director of a company must act in the way he considers, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole, and in doing so have regard (amongst other matters) to— (a)the likely consequences of any decision in the long term, (b)the interests of the company's employees, ©the need to foster the company's business relationships with suppliers, customers and others, (d)the impact of the company's operations on the community and the environment, (e)the desirability of the company maintaining a reputation for high standards of business conduct, and (f)the need to act fairly as between members of the company. http://www.legislation.gov.uk/ukpga/2006/46/section/172 Oh the companies act. They pay scant regard to that at best. Still if they aren't going to sell them and as they claim they aren't going to raise money against them. Then let them secure them with us. If not we move forward with protest. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted July 20, 2014 Share Posted July 20, 2014 No they are not; not even GS would say that, well I don't think he would. Oh i most certainly would. 0 Quote Link to post Share on other sites More sharing options...
BrahimHemdani 1 Posted July 20, 2014 Share Posted July 20, 2014 Oh i most certainly would. Of course I knew that GS, take that one for free. 0 Quote Link to post Share on other sites More sharing options...
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