Everything posted by Tree
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Polworth to Motherwell
He needs to look after his family. Offered a new contract at a fraction of his current salary or move and have a pay rise. Pretty simple decision
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New CEO Appointed
Was his first act to reappoint Red Pepper?
- Morton -V- Inverness CT
- Morton -V- Inverness CT
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What we need in transfer market to improve.
Nope. Off to Smiffys in Aviemore for chips with his family
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Club model
Our demise started on Yogi’s watch!
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Club model
Eh? Some of our best financial results have happened when Yogi was here. The change from modest basic plus good bonuses changed on his watch and under public pressure from him following the cup win. clearly this was exacerbated during the Foran season however a reasonably tight ship changed with his arrival
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Top scorer
He's put the ball in the net....
- Inverness CT -V- Ross County
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Academy Director resigns?
Did your 'source' happen to mention why the foundation to move the youth/community side under (which would be separate from the club and help save money) hasn't been announced?
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Semi-Final Poll
I don't see what the fuss is about regarding whether there are tickets available yet or not. We know when and where the game is and there will be more than enough available. At the moment not being in Administration and having enough staff left to keep the ship afloat by the time we actually play seems to be more of an issue to concern ourselves
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Academy Director resigns?
Can't give source but appreciate that this is defined as a rumour until this is official
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Academy Director resigns?
Rumour is true. Ronnie has also resigned which is badged by the club as retiring but is actually due to the behind the scenes issues and the fact he is too old to out up with this. Presumably Charlie will ride to the rescue!
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4G Pitch?
A 4G pitch compared with what? With a grass billiard table grown 12 months of the year with the help of ray bulbs and perfect drainage. Grass wins every time. Compared however with our pitch which now has dodgy drainage and become bare and tufted by January and has the ball bobbling all over the place?? How many injuries has this contributed to? Don’t see how we can finance the installation without a gift of an interest free loan
- Dundee Utd -V- Inverness CT (Cup)
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CLUB STATEMENT : AGM & Annual Report : 23/11/17
The Auditor's comment relates to a point I made in an earlier post regarding the strengthening of the balance sheet through the addition of new assets (stands) and the basic solvency test. Without the addition of the asset then the short term liabilities and cah flow difficulties over the past year would have made it difficult to demonstrate that, in lieu of a credible increase in income, the club was solvent. The comment specifically shows (understandably) that the Auditors have concerns that the value of the asset cannot be realised in the short term to act as a liquid asset (to offset liabilities coming due). The current month on month P&L (and resulting run rate) is needed to understand whether this is an improving situation which through further reduction in expenditure and increase in income can be controlled. The lack of external debt is a positive in relation to all this however I view it telling in terms of cash flow that we decided to move Oakley on in the last window. I would add that the current board are in many ways dealing with the hand they have been dealt with. Removing the remaining large wages off the books (and I would ask whether we are still paying Foran?) will assist however I'm not convinced that this will balance things out. In simple terms further injection of cash is likley to be needed over the current finacial year Winning the Scottish Cup again or at least getting to the Semis where the attendance monies are pooled would be a major help......
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CLUB STATEMENT : AGM & Annual Report : 23/11/17
It may prove to be important in determining future solvency however. i agree fully with your last sentence however.
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CLUB STATEMENT : AGM & Annual Report : 23/11/17
Nothing in the accounts is surprising based on knowledge of reduction in income, ongoing reduction in crowds and the pressure on reducing the wage bill. The Asset transfer has strengthened the balance sheet however it would be helpful to understand the monthly P&L and whether the run rates are improving. Presumably we are still carrying a significant wage for a past manager?
- Inverness CT -V- Morton
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Angus Beith
Just north of Dundee
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Angus Beith
It is a reality that without funds for transfer fees we are needing to look to find players who have potential but have missed out due to injury or other reasons. Dargo is a prime example of this. It is a balance between risk of further injury and accessing better quality.
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The 'John Hughes broke my club' thread
On that logic surely all the plaudits should sit with the runners up who were punching even further above their weight!!
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The 'John Hughes broke my club' thread
Hughes was possibly the most successful manager (depends how you view winning a cup against winning a league over the course of a season). Not sure the majority would say hs is our best manager. He was fortunate to inherit a team built by Butcher with a few gems from the youth ranks. He then bullied the board into loosening wages in contracts and to bring in a raft of poor players at significant cost. Whilst the year under Foran put the nail in the coffin, the rot very much started on his watch in spite of being blessed witht the best playing budget of any of our previous managers.
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Disgraceful attitude of a tiny minority of ICT fans
The correction of fan's moral compass is missing the point and a hollow victory at the moment. Whilst I have little time for many of the abusive shouts (and I would separate brief outbursts of frustration from some of what appears to be more premeditated vitriol directed at certain individuals), I don't see how Robo telling people where to go helps with improving attendance or enhancing any form of positivity around the club. As has been mentioned on many threads, we are struggling to attract people and even where free entry is offered then this is not sufficient to attract people to attend. We may not be alone with this problem however the on-going and continuous negativity around just about everything is hurting the club and needs to be addressed.
- Inverness CT -V- Partick Th