fizoxy Posted July 7, 2023 Report Share Posted July 7, 2023 Don't think anyone is going to take the 10, is it not retired? Quote Link to comment Share on other sites More sharing options...
SteelmaninOZ Posted July 7, 2023 Report Share Posted July 7, 2023 5 minutes ago, fizoxy said: Don't think anyone is going to take the 10, is it not retired? Yeah it is retired RIP Phil O’Donnell 1 Quote Link to comment Share on other sites More sharing options...
joewarkfanclub Posted July 7, 2023 Report Share Posted July 7, 2023 31 minutes ago, GazzyB said: Mandarin wasn’t THAT bad, but happy he hasn’t re-signed. Obika is a better player. Still needing another striker, or maybe Efford is being put into that role. Not exactly loving our forward options going into the new season so far. He was a very limited footballer. For a big man, he was useless in the air, he wasnt quick and looked like he was running in quicksand. He did however tie up defenders and keep them occupied to allow KVV to do his thing. So far that, I thank him greatly! Quote Link to comment Share on other sites More sharing options...
MelvinBragg Posted July 7, 2023 Report Share Posted July 7, 2023 47 minutes ago, joewarkfanclub said: He did however tie up defenders and keep them occupied to allow KVV to do his thing. So far that, I thank him greatly! His late goal at McDiarmid Park won me around £180 so for that I thank him greatly... 1 Quote Link to comment Share on other sites More sharing options...
MJC Posted July 8, 2023 Report Share Posted July 8, 2023 11 hours ago, SteelmaninOZ said: Yeah it is retired RIP Phil O’Donnell Only David Clarkson, his nephew, has wore 10 since his passing. Rightly so too. Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 The financial choices we have made over the last 3yrs are now as I said 3yrs ago are coming to roost. We are in for a very tough 3-5yr period unless we can secure some external investment within this time through investors/player sales the magnitude of the conditions Steven hammell was told to work under will be seen this season and I really feel for SK who has an enormous task on his hands this season huge pressure now on the youth coming to the fore and being a success this season. Anything above the play off will be the aim this year 1 Quote Link to comment Share on other sites More sharing options...
joewarkfanclub Posted July 8, 2023 Report Share Posted July 8, 2023 3 minutes ago, Dossertillidie2 said: the magnitude of the conditions Steven hammell was told to work under will be seen this season and I really feel for SK who has an enormous task on his hands this season Im curious about this. Without betraying confidences, what are the conditions he was being asked to work under? He didnt get a lot of money to spend when GA got emptied, but the board backed him big time in the January window. With hindsight, way more money was spent than was actually required to rectify the situation. Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 17 minutes ago, joewarkfanclub said: Im curious about this. Without betraying confidences, what are the conditions he was being asked to work under? He didnt get a lot of money to spend when GA got emptied, but the board backed him big time in the January window. With hindsight, way more money was spent than was actually required to rectify the situation. Don’t want to go into too many specifics but I think the financial constraints we were under last year is clear to see when a new Chief exec last days in post before chucking it and you start seeing folk moving on rapidly (that will continue by the way both in public and quietly) you would be surprised at how little was spent on the 4 initial signings in aug (next to nothing) and in bringing in the ones we did in jan. effectively running with a reduced budget again for this summer and given Van veen went and there’s no money from that says all you need to know about where to level our realistic expectations for this year posts of £400k+ for van veen are wild off the mark from my understanding youth was the desire last summer to build on but youth becomes an absolute necessity this summer as we start to see the repayments of covid loans/pitches and a loss of income when we gave season tickets away following covid. A lack of sales from transfers and extended contracts given at a time or uncertainty in the world is and will play its part now over the course of the next few years hopefully we can strike it lucky with a couple of young players playing a blinder up to Xmas to get some much needed cash in the door in Jan Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 Just now, Dossertillidie2 said: Don’t want to go into too many specifics but I think the financial constraints we were under last year is clear to see when a new Chief exec last days in post before chucking it and you start seeing folk moving on rapidly (that will continue by the way both in public and quietly) you would be surprised at how little was spent on the 4 initial signings in aug (next to nothing) and in bringing in the ones we did in jan. effectively running with a reduced budget again for this summer and given Van veen went and there’s no money from that says all you need to know about where to level our realistic expectations for this year posts of £400k+ for van veen are wild off the mark from my understanding youth was the desire last summer to build on but youth becomes an absolute necessity this summer as we start to see the repayments of covid loans/pitches and a loss of income when we gave season tickets away following covid. A lack of sales from transfers and extended contracts given at a time or uncertainty in the world is and will play its part now over the course of the next few years hopefully we can strike it lucky with a couple of young players playing a blinder up to Xmas to get some much needed cash in the door in Jan Also just to add remember in jan the outgoings we made along with the sale of Sol. I’m led to believe we worked to a break even against the outgoings in wages to what was contributed to the incomings 3/4 experienced players in amongst the youth is prob best case this season Quote Link to comment Share on other sites More sharing options...
steelboy Posted July 8, 2023 Report Share Posted July 8, 2023 13 minutes ago, Dossertillidie2 said: youth was the desire last summer to build on but youth becomes an absolute necessity this summer as we start to see the repayments of covid loans/pitches and a loss of income when we gave season tickets away following covid. A lack of sales from transfers and extended contracts given at a time or uncertainty in the world is and will play its part now over the course of the next few years We gave the season tickets away because it was part of getting the business interuption insurance payout. The Covid loans are interest free and repayable over 20 years. Inflation over the period since we took the loan is sitting at roughly 15%. It's going to inflate away to basically nothing. 1 Quote Link to comment Share on other sites More sharing options...
joewarkfanclub Posted July 8, 2023 Report Share Posted July 8, 2023 17 minutes ago, Dossertillidie2 said: Don’t want to go into too many specifics but I think the financial constraints we were under last year is clear to see when a new Chief exec last days in post before chucking it and you start seeing folk moving on rapidly (that will continue by the way both in public and quietly) you would be surprised at how little was spent on the 4 initial signings in aug (next to nothing) and in bringing in the ones we did in jan. effectively running with a reduced budget again for this summer and given Van veen went and there’s no money from that says all you need to know about where to level our realistic expectations for this year posts of £400k+ for van veen are wild off the mark from my understanding youth was the desire last summer to build on but youth becomes an absolute necessity this summer as we start to see the repayments of covid loans/pitches and a loss of income when we gave season tickets away following covid. A lack of sales from transfers and extended contracts given at a time or uncertainty in the world is and will play its part now over the course of the next few years hopefully we can strike it lucky with a couple of young players playing a blinder up to Xmas to get some much needed cash in the door in Jan Interesting. Who was the new Chief Exec? The boy McGhee? I presume Lennon Miller is a stick on to start the season then? I would be genuinely annoyed if we didnt get £400k plus for KVV. Without knowing the contents of his contract extension, you would have to think his goals are worth a few hundred k in league position alone. Re the 3/4 experienced players. Is that in addition to what we already have? I can see Danzaki, Maguire and possibly Sheilds going out the door, but not too many others surplus to requirements unless we can get others in. Still think we need a LB, CB, MF and possibly a FWD if Sheilds is moved on. Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 15 minutes ago, steelboy said: We gave the season tickets away because it was part of getting the business interuption insurance payout. The Covid loans are interest free and repayable over 20 years. Inflation over the period since we took the loan is sitting at roughly 15%. It's going to inflate away to basically nothing. Regardless of the reasons we credited the season tickets it still effects cash flow and regardless of interest rates the loan stands as a significant outgoing each month that we didn’t have 2019/2020 You can’t play down the significance of these Quote Link to comment Share on other sites More sharing options...
Well Well Posted July 8, 2023 Report Share Posted July 8, 2023 2 minutes ago, Dossertillidie2 said: Regardless of the reasons we credited the season tickets it still effects cash flow and regardless of interest rates the loan stands as a significant outgoing each month that we didn’t have 2019/2020 You can’t play down the significance of these It doesn't affect cashflow in the slightest as its basically paid from the Insurance which didn't touch our budget. As for the loan its interest free so there is no regardless about it. Yes we pay it back over twenty years and anyone in business turning down such an offer would have been mad. It helped us out. We put it to good use and are paying it back. Your overly dramatic Quote Link to comment Share on other sites More sharing options...
steelboy Posted July 8, 2023 Report Share Posted July 8, 2023 5 minutes ago, Dossertillidie2 said: Regardless of the reasons we credited the season tickets it still effects cash flow and regardless of interest rates the loan stands as a significant outgoing each month that we didn’t have 2019/2020 You can’t play down the significance of these If the figures about reduced maintenance costs on the pitch are true the loan will pay for itself. And in real terms the repayments get smaller every year. I don't understand how cash flow can still be hit by the season ticket decision from two years ago when we got the insurance payout? Quote Link to comment Share on other sites More sharing options...
joewarkfanclub Posted July 8, 2023 Report Share Posted July 8, 2023 12 minutes ago, steelboy said: If the figures about reduced maintenance costs on the pitch are true the loan will pay for itself. And in real terms the repayments get smaller every year. I don't understand how cash flow can still be hit by the season ticket decision from two years ago when we got the insurance payout? I guess cause the insurance went into completing work we wouldnt have otherwise done, so wasnt absorbed into the running costs (as the purpose of the loan didnt allow for that) and therefore didnt assist with cashflow? Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 29 minutes ago, Well Well said: It doesn't affect cashflow in the slightest as its basically paid from the Insurance which didn't touch our budget. As for the loan its interest free so there is no regardless about it. Yes we pay it back over twenty years and anyone in business turning down such an offer would have been mad. It helped us out. We put it to good use and are paying it back. Your overly dramatic So you know for sure that the insurance payout = the complete loss of revenue from season ticket holders? there wasn’t an insurance company in the land paying the fully insured cover during covid, despite the supreme courts ruling. And those who did pay out under that ruling took absolutely everything into consideration to dilute funding and payouts inc all over heads/ reduction of overheads as a result of the stadium lying empty and any Government subsidies to which I believe we were a benefactor of including the likes of furlough You take out revenues and don’t replace them then run into the following seasons overheads which have been reset after a period of non trading/including transfer activity then of course your cash flow gets hit that following year and if you don’t build on that with a couple of big wins then the run continues. Any cash reserves we had will most certainly have been hit. Covid and the decisions we made with the likes of the income we did have ( ie turnbull money) have effected where we are now we used turnbull money to plug holes , the cash flow holes I am highlighting Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 38 minutes ago, Well Well said: It doesn't affect cashflow in the slightest as it’s basically paid from the Insurance which didn't touch our budget. As for the loan its interest free so there is no regardless about it. Yes we pay it back over twenty years and anyone in business turning down such an offer would have been mad. It helped us out. We put it to good use and are paying it back. Your overly dramatic And if the insurance payout didn’t cover our budget as you have put then where did the cash for our “budget” that year then come from? Quote Link to comment Share on other sites More sharing options...
grizzlyg Posted July 8, 2023 Report Share Posted July 8, 2023 This is all too hi tech for me, I think I have tuned into the Martyn Lewis forum by mistake!! 😜🍺 Quote Link to comment Share on other sites More sharing options...
Great Balls of Shire Posted July 8, 2023 Report Share Posted July 8, 2023 For a club who have spent almost 40 years in top flight, we don't seem to have prospered financially too well ... hopefully previous poster dtid is painting a gloomier picture than reality but does seem to have some inside knowledge. Maybe a chance for one or two of the young boys to step up...this could be a test for SK... Quote Link to comment Share on other sites More sharing options...
Throughthelaces Posted July 8, 2023 Report Share Posted July 8, 2023 Let’s try not to become prophesiers of Armageddon let’s leave that to the Jehovahs Witnesses. There’s time left on the clock and I’m sure we’ll have a few new faces in the door by match day 3 of the season 1 Quote Link to comment Share on other sites More sharing options...
Dossertillidie2 Posted July 8, 2023 Report Share Posted July 8, 2023 3 minutes ago, Throughthelaces said: Let’s try not to become prophesiers of Armageddon let’s leave that to the Jehovahs Witnesses. There’s time left on the clock and I’m sure we’ll have a few new faces in the door by match day 3 of the season That’s prob accurate. New faces coming in at the last minute is the Motherwell way (saves a months wage at least) 😂 Quote Link to comment Share on other sites More sharing options...
Throughthelaces Posted July 8, 2023 Report Share Posted July 8, 2023 2 minutes ago, Dossertillidie2 said: That’s prob accurate. New faces coming in at the last minute is the Motherwell way (saves a months wage at least) 😂 Yeah exactly save a few grand at least Quote Link to comment Share on other sites More sharing options...
Coatsy Posted July 8, 2023 Report Share Posted July 8, 2023 What has this financial talk to do with former players? Quote Link to comment Share on other sites More sharing options...
Great Balls of Shire Posted July 8, 2023 Report Share Posted July 8, 2023 14 minutes ago, Coatsy said: What has this financial talk to do with former players? Linked to not getting Mandron ( former player) Quote Link to comment Share on other sites More sharing options...
steelboy Posted July 8, 2023 Report Share Posted July 8, 2023 2 hours ago, joewarkfanclub said: I guess cause the insurance went into completing work we wouldnt have otherwise done, so wasnt absorbed into the running costs (as the purpose of the loan didnt allow for that) and therefore didnt assist with cashflow? It's two different things. One is Business Interruption Insurance that the club had which is why they offered refunds on 20/21 Season Tickets which everyone used to pay for the 'free' season. The other is the interest free 20 year Scottish Government loan which had the (fairly pointless) stipulations. 2 Quote Link to comment Share on other sites More sharing options...
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