weeyin

Not a player, but happy to report we get Derek Rae on commentary over here.

Not from an accounting perspective. Assets are valued at "Fair Market Value" or similar all the time. That applies to things like buildings and things like stock prices (that can fluctuate by the millsecond these days). It even applies to less tangible things like "Goodwill".

That's standard "footballing wisdom" - you don't drop your keeper. And even less likely when he is also your captain. It doesn't make sense to me, but given that every manager in the world seems to follow it, maybe there is something to it. Happy with the early signings so far. Looking forward to see what develops between now and the end of August.

I've worked with a lot of accountants over the years. Two things stand out: - most of them can't add without the aid of a calculator - while they are good at accounting and analysing numbers, that is very different from being business savvy. That's not to say accountants can't be good business people, but it's not a given. From everything I've read about the deal, it doesn't sound like the people on our side have much experience in acquisitions. If there are further negotiations, maybe we should get a 3rd party to put together an independent valuation as the starting point before we even start the next round of discussions. We don't need to share it, but those involved should at least read it.

If nothing else, this thread has helped me find a new insult.

"Swift Swallow has Well Fans Raven and Crowing, with SK Puffin his Chest at new boy's Larks on the Park"

-3 million now!

Pretty sure that's what wiped the 2 million off the price.

If we can get one of those Accies-type naming deals, I'm all in favour of that. Free money and we all still call it Fir Park.

I don't know about them specifically, but I didn't vote for any of the 3 resignees. I voted for the new faces I thought would freshen things up and bring in some new ideas.

That's Borussia Dortmund levels of horrific.

Is that not the "matchday top" which, in 21st century footballing money grabs, is different from the training top? I won't be buying either, and don't really care what we train in, tbh.

The resignations smack a bit of "I'll promise to represent the fans views... unless what they want is different from what I want personally, then I'm offski"

What's the opportunity? If it does exist, then we should be charging extra for that opportunity cost, not handing over control for a discount.

That's where it gets a bit complicated, or at least nuanced. The Club Board definitely run the club, but as the Society is the majority shareholder, they run it at the behest of the Society. If we don't like what they are doing, there will be mechanisms, I'm sure, to replace them all.

I agree it's embarrassing, but at least he works in a field where he should at least be familiar with the trolls, morons and eejits on social media. No excuse for it, right enough. Having said all that, any Q&A should have taken place at a properly convened Society meeting.

I said earlier that if the Society lost control I would cancel my direct debit, because there is no way I want to line the pockets of a new investor either now or when they inevitably sell up. That would still be the case for me now.

They don't need to offer anything right now to know this was a terrible deal that was presented. Doing nothing different this year is still better than accepting what The Sheep has to offer.

I'm actually not as concerned by that. If we had rejected the offer without the details being given, a lot of members would have been crying foul on the secrecy. I'm glad it's out in the open and we can see how bad it is.

No.

You've lost me a bit with your financial terminology there, but I think I agree.

As I said on here after the initial vote, there was no way I'd want to surrender control of the club to any investor. The derisory offer is exactly why. The details are pretty much the kind of undervalued nonsense I anticipated. If it had been the kind of offer that Brailsford made at Man U - 25% of the shares and some influence over the running of the club - I'd have been interested to hear more. And I still don't see an exit strategy. I think he's trying to emulate the Glasers and get control of a club at an undervalued price with minimal investment coming from his own pocket. Anyone who votes in favour of this would be voting for the destruction of the club; and I don't say that to be dramatic. It's a terrible offer.

As remote as the chances are of Scotland making it through the group stages, if they do, then I see the Record estimating a payout of around 140k would be coming to the club. Looking at previous payments from the Euros, that seems a reasonable estimate.

Maybe a little harsh on some aspects, but his slack passing caused us a number of problems - I agree he improved later in the season. My main reason for a complete revamp is that sometimes it's just impossible to break that mindset that crept in across the entire defensive unit.

That's no excuse for the dozens of times our defenders didn't mark their man, lost concentration, wandered out of position, gave the ball away, and just underperformed. I don't think Bevis was the worst in that regard, but as I said at the end of last season, it wouldn't hurt if we replaced Mugabi, Blaney, Casey and Butcher. There are only so many times you can tell a player what they need to be doing, and they repeated the same mistakes every game.