Yngwie
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Everything posted by Yngwie
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Another question. Which former ICT player had a spell as a PGA professional golfer?
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Yeah that’s it, as STFU had already figured out. He is currently player manager at Margate FC (Greenhalgh, not STFU).
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Which former ICT player has a Champions League winner’s medal?
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Season Tickets + Resignation Confirmation
Yngwie replied to EvilWhiteStripe's topic in Caley Thistle
I first shared this quote a few weeks ago from Reading FC’s supporters’ trust. They have had a fairly similar situation to us regarding financial problems, regime change and potential new investors. “We recommend that anyone purchasing a season ticket considers using a credit card for added security. “If, for any reason, the Club cannot fulfil the season ticket, paying by credit card ensures that you would receive a refund (pro rata) under section 75 of the Consumer Credit Act 1974.” -
Got any family members who’d be willing to have a go at playing for us?
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We had Haspell on trial last season. He later signed for Queens Park.
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Being a shareholder and a director are completely unrelated. Hundreds of ICT fans are one but not the other. Companies house filings for the battery company confirm the issue of new shares and the 3 individuals having significant control, >25% each. Morrison confirmed all this on the podcast.
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ICT only owns 1% of the battery farm company, so on the face of it it’s not really our problem (or asset) any more. Morrison/Munro/Cameron purchased 33% each for a total of £250,000 and will be the ones who gain if the project proceeds.
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That’s not quite how it works. Forecasts are inherently subjective and nothing is ever guaranteed, but auditors have to review the financial projections and question/challenge the assumptions therein. They can face much worse than reputational damage if they wrongly sign off on going concern. Nothing is certain, but there must at least be a credible plan for survival.
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The thing that surprises me about these accounts is that we made our pretty normal level of loss for a Championship season despite the very lucrative cup run (and to a much lesser extent, despite the income from renting out the stadium for concerts). The underlying trading performance must have been horrific, and I would imagine that the accounts for the season just ended will be a complete car crash, with a large reduction in revenues but not so much reduction in cost.
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ICT Supporters Trust Statement: Pre-season
Yngwie replied to ICT Supporters Trust's topic in Caley Thistle
Pretty sure Muirfield Mills disbanded as a consortium about 5 years ago, and should be considered as a number of small individual shareholders - making things even more fragmented than you thought. -
3-1 win FT, perfectly good result.
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I’ll be watching the Turkey match but following the ICT score from here in Olu Deniz, named after Deniz Wynez.
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Pleasantly surprised we won’t this, given the squad and the lack of training. Tougher tests lie ahead though.
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I know. When he was winning the cup with us, we’d all have much more readily believed that in his peak years he would be playing for The Rangers, not Brora Rangers.
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Perhaps the situation was that with the threat of administration hanging over us at that time and no rescue deal on the table, we were simply unable to offer contracts at that time. Unlawful trading. Still doesn’t explain the club’s slightly misleading statement- although reading it again it says undisclosed transfer agreement, which is true, rather than undisclosed transfer fee. Big difference.
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Yes he has, that’s been in the public domain for weeks. Whether it was a gesture offered by him or something written into his contract in case of relegation, we don’t know. I suspect the latter. But anyway, the reason we are still paying an expensive manager whilst letting go of other staff to cut costs is because the manager has a contract whilst others are out of contract. There’s no chance we’d be sticking with Ferguson if it wasn’t so expensive to get rid of him.
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Indeed, but let’s not forget, we are in League 1 and we have no money. Drastic cost cutting and unpalatable decisions were inevitable.
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Such cynicism. The lad has obviously done enough in training to impress the manager.
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The club is in limbo just now, nobody seems to be in charge and it has very little money. Nothing is going to change for the better unless or until the proposed new investment comes in.
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Fuming about the late penalty not given, and not even a VAR check?! However, that aside, we just weren’t good enough. Passing it sideways and backwards and completely toothless in the final third. Very familiar, as you say. Best fans, worst team. Our Mannschaft flopped!
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She also sang “Tell me lies…” but hopefully that isn’t the case here!
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Oh dear, I’ve probably given Gardiner the idea of a Status Quo concert at the stadium!
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But the status quote isn’t an option. There will either be new major shareholders soon or the club will cease to exist.
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I recall that the Muirfield Mills consortium disbanded about 5 years ago, and are just individual shareholders these days. Shareholdings in our club are very fragmented, and I think the most powerful shareholder these days is the Supporters Trust. They certainly have plenty of desire for the club to remain in existence and to change for the better, but don’t have any money to make it happen.
