Charity Trust Info
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The plan that David Sutherland and the directors worked on was to sell the stadium to a charitable trust, who would then begin to develop the stadium outwith the football side of the club. This charitable trust will attract additional shareholders who will effectively wipe out the debt The Charitable trust, which will be run by "prominent local businessmen, and well known local figures" will be tasked with attracting businesses to the stadium, with a view to expanding it with office blocks, 2 hotels, training pitches, indoor pitches, and a fully developed all seater stadium. I have received the animation file from the architects of the proposed changes to the stadium, and will upload (with their permission) some of the files onto here, and onto the Official Site which is due to launch at the beginning of October. David Sutherland, as has been pointed out here in the message boards, is first and foremost a businessman, and not a fotball man. Well that is all well and good, if the plans for the eradication of the debt, and therefore increased finances available for the team, to either keep rising stars like Tokely, Hastings et all, or sign new players is to work. In a conversation I had with Ken Thompson, deputy chairman, many months ago, he said to watch out around september time, and that it takes many months to turn things around. It now looks that his prediction (albeit due to insider knowledge) is about to bear fruit, and the club will establish themselves on a sound footing. Let us not forget that this debt came about largely due to the construction of the Stadium, and also the infrastructure round the stadium, and not through extravagant spending on players etc. Two appointments were made at the club earlier in the year, with Catriona Bisset taking on the role of Chief Executive at the Stadium, and Graeme Bennet becoming Director of Football. Whilst many on the older version of this website commented that this was extravagant for a club with no money, it has proved to be the opposite. Catriona is streamlining some of the processes at the club and removing un-neccesary cost-incurring items, which through her own business experience she is well suited to do, and "Grassa", who is NOT on a wee bung of £30k as was reported in some circles (he is doing it for nowt!) is beginning to show that he can be what he was supposed to be, and that is the link between the business side of the club and the football side of the club. All that remains is for the players to now get out of the form slump that they are in and things will begin to look very rosy indeed
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Guest in News 2005-06 ·
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