wellfan

I had missed this initially, so thanks for illuminating, and I hope those able to can properly alert the WS and probe the Club on this, as that small detail makes the offer even more atrocious than I'd first thought.

Well done, Theo. How much does going to Copa America earn us?

Abysmal last night, and Kelly likely would've saved a couple of those shots. Onwards to Cologne for me on Wednesday now.

https://x.com/record_sport/status/1801545187589571020?s=46&t=wehikD-exiutCByWu64YEQ John Koutroumbis nears Motherwell deal Motherwell are set to announce John Koutroumbis as their latest summer signing, writes Scott Burns. The Steelmen have agreed a deal to sign the right-back, after his recent departure from Perth Glory. The 26-year-old right back will become Stuart Kettlewell’s third signing. Kettlewell has already signed centre half Kofi Balmer from Crystal Palace and midfielder Tom Sparrow from Stoke City. Koutroumbis is primarily a full-back but can also play as a central defender or holding midfielder. The former Australian under-21 cap has plenty of A-League experience with Newcastle Jets, Western Sydney Wanderers and then Glory. Koutroumbis previously fought back from a cancer scare when he was at Jets. Motherwell are also set to sign Serbian striker Filip Stuparevic from Slovenian side Domzale on freedom of contract.

Even if they were, I'd imagine they are toeing the line here, particularly given they've both recently been appointed to their new posts by the Executive Board/McMahon, so I'll try not to point the finger at Caldwell and Lindsay too much right now. The three on the Well Society Board who voted in favour of the deal on that valuation are another story.

That they have to do this immediately after their press release and recommendation exposes how ridiculous their current position is.

I think that Society Board members will be watching the sensible and technical posts on here and P&B and will likely lift from those to clarify key points for members, if necessary.

As Steelboy notes, this situation will test the IQ of the average fan, and that's what concerns me.

If fans (and Society members) vote this through and collectively boot themselves in the bollocks, my direct debit will be cancelled, and I imagine that of many others. The deal will kill the Well Society, not only in the long-term but in the short term because its revenue will be reduced and it'll be unable to continue being a co-investor as Barmack proposes. This is a key question, as you note, but I doubt the Executive Board considered this because it's clear they want rid of the Society.

The deal is shite. Even if the tweaks Barmack proposes to make (according to his comments on P&B) relate to him dropping his percentage from 49% to 46% to leave the Well Society with 49%, it's still shite. The Society has 71% and is the majority owner, so it's high time the Executive Board realised this and that any prospective investor took this seriously. Barmack is chasing a bargain because McMahon has falsely presented the Club/Society as skint and its fans/members members as compliant. Let's get real here; any Executive Board with one brain cell between them wouldn't have let that offer, on those terms, come this far, let alone recommend accepting it. They've wasted Barmack's time and pissed off the Society and fanbase.

It looks like a bit of a punt on paper, but he was out of contract, likely won't be expensive, signed on a 2-year (+1 option) deal, and is young enough to potentially develop further to be good for us in terms of performance and sell-on potential. If not, it'll probably not have been an expensive punt, and he'll fill the Maguire-shaped hole in the squad for a couple of seasons.

A lot of tits on this forum lately.

Tom Sparrow is a young lad who's spent most of his career playing as a central midfielder in the under's teams (and on loan at Accies). This move represents his first big step up the ranks, so it should be quite an exciting time for him and us, as he has it all to prove, although there should be no expectations yet. https://www.transfermarkt.co.uk/tom-sparrow/profil/spieler/621365

The Exec Board have wasted the Barmack’s time.

As I wrote yesterday, it appears that McMahon et al gaslit the Barmack’s into believing their offer was acceptable, which has led them to waste their time. Erik’s now realising that, as his commendable yet futile dialogue on P&B demonstrates.

Good luck!

My first is due in August as well. Co-candidacy?

As a longtime WS member, you’d have my vote and I’m sure that of many others after your recent articulate analysis of the situation. The surviving WS board are watching. Reach out to them.

Having just caught up after a long day at work, how do we get StAndrew7 and Steelboy onto the Well Society Board?

Pleased with Balmer!

Maguire to Accies.

Yep, it's pretty interesting to follow the dialogue, but it's still a shite deal.

That very much looks to be the case here.

People aren't trying to influence others here. Those who have taken the time, or had the time, to read and consider the details of both the Club's press release on the proposals and the Well Society's response are expressing their informed opinions. Vote as you like, but at your (the Club's) peril.

This view is fair enough, but I don't think selling the majority ownership of the Club (or diversifying the ownership, as you put it) for less than the value of Lennon Miller, for example, is anywhere close to being acceptable. Just because the Well Society has been shite for a while doesn't mean the Club should be sold to the lowest bidder. I'm also all for diversifying the ownership, but that would only be if a transformative offer is on the table, which it is not.