Yngwie

Hmm, we’re not good at relegation playoffs!

Easy to see how that could happen, especially if we don’t start getting more goals from strikers. Top scorers in league matches: 3 - Devine 2 - MacKinnon 1 - various others including Billy

In pure financial terms, the biggest match in our history was the 2023 Scottish Cup Final (wow, it was as recent as last year?!) If we had somehow defied the odds against Celtic one more time, we would not only have won the cup (again) but would have earned guaranteed group stage European football, which would have been amazing for the fans and would have earned us £5m which we could have used to strengthen the squad and quickly get back into the top flight.

True, and we were just one win from survival that season.

I was going to say the appointment of Foran as manager, but you are right to go back a stage further. The relegation that followed under Foran well and truly set us on the slippery slope we’ve been hurtling down for years. Having said that, maybe a different course of action then would only have delayed the inevitable? We punched above our weight for years, and relegation was simply bound to happen to a club our size.

Ta for posting that. Some really interesting stuff there, like him only taking up football aged 16, and now having aspirations to get into the Gambia squad.

Today’s result takes Kellacher’s win rate to 33%, overtaking Ferguson’s 29%.

You are right that conceding the first goal is usually fatal for us - but I think the last comeback was at the end of January when we won 3-2 at Raith (when we thought Alex Samuel was going to be our saviour after his hattrick)

First away win since Queens Park 7 months ago.

Great win. Can finally enjoy a Saturday night!

Ah that’s right - I think the favouritism they got was that ambitious non-SPFL teams were not given the chance to apply for league membership when the vacancy arose.

I don’t think a new company is an option, that means starting afresh as a new club and applying to join the bottom of the pyramid system doesn’t it? Albeit The Rangers newco was afforded special treatment and was allowed to start in the 4th flight rather than the West of Scotland 5th division or wherever any other new club would have started.

No absolutely not. If a shareholder’s shares ever get sold, the proceeds go to the shareholder. A new investor wouldn’t really want to buy shares from current shareholders unless it was the only way to secure a controlling stake. They would want their money to go into the club, not to current shareholders. But if they had to, they would make an offer to shareholders, probably targeting the largest ones privately and negotiating a price (fair value now is probably a few pence per share, not the £1 everyone paid). Offering to buy up the small shareholdings would seem pointless to me, but they could make an offer to everyone, and each shareholder would choose whether to accept or to keep their shares. I think the only circumstances when a shareholder can be forced to sell their shares is when someone owns >90% and wants rid of the remaining small shareholders.

Administrator has to write to all creditors and members (shareholders) explaining his appointment, and I guess it is just easier to do it all as one mailing but it is confusing as you say - but shareholders are not creditors and couldn’t claim anything even if they wanted to. The Supporters Trust 10% voting right is contained in the club’s Articles of Association and is still there. I nearly used the word “enshrined” in the articles but that would be wrong because that clause can be removed or changed - it has been changed (reduced) before and could be again if a Special Resolution is passed. A special resolution requires 75% of votes in order to be approved.

Shareholders will remain shareholders, unless they sell their shares to the club’s new owner (which I can’t see happening, certainly not for small shareholders). You might have been sent a claim form because you are on the club’s list of suppliers and there is therefore a chance you are owed money.

Latest press release today says the administrators have had 20 expressions of interest. I guess that is very good news, but these are not bids, and some will be time wasters who will be weeded out by the administrators and not given access to the confidential information.

3 year deal too.

Ft 1-1 Just not good enough, again.

Flynn Duffy has signed for Airdrie. Think he’s the first of the players made redundant to get a club.

I’m assuming that cost (wages and accommodation) is why Brooks was ditched. He definitely has something to offer the first team, and his departure leaves us severely short of strikers, so it can’t be for footballing reasons.

For all of his faults as a manager, there is absolutely no way a Duncan Ferguson side would be conceding 3 goals to Dumbarton, or to any team in this league for that matter!

Gutting result. Kinda feels like our fate is now sealed and the rest of the season will be a waste of time, with home attendances dwindling even further.

We’re not a Kelty based club, but we are a Glasgow club instead now!

That’s what I had in mind RM and 2 others actually). It generated a cash sum that I’m sure dwarfs the various fees incurred in submitting the application. Regarding the concerts, we know that we rented the stadium out. No sums ever mentioned but I would guess at a good 5 figure sum. We also provided services to the concert company for providing staff and selling tickets etc, which I’m sure would have been at no less than cost, and probably a margin built in. So even though both projects could be deemed disastrous and regrettable for various reasons, it appears to me that the both generated money for the club. Sorry if that’s not what people want to hear!

I don’t think we were, were we? Anyway, as a reminder, ICTFC made money from both the concerts and the battery farm, even though both projects can be considered failures overall.