STFU

Went on twitter to see what the pre match craic was and it's full of idiot ict fans arguing with idiot rangers fans. Boring.

1 hour ago, CaleyCiuin said:

It would be good if at the meeting on Monday if someone could ask what this 200k is actually for. Is it wages, bills , puma contract, legal fees , administrators fees, paying off directors loans ?????? People so far seem to be putting some cash in, but how will it be spent? Also if the target is not raised and admin does happen, do contributors get their money back or do administrators get it? Hope this get clarified before I decide if I can afford to give something.

It says to meet cash requirements so the assumption will be wages bills services supplies etc. It should not include paying any directors loans or such but the wording is sufficiently vague that it might.

Either way once a donation is made the money is gone into the black hole.

Savage seems to have directed the money he's supplied to clearing historic bills and I'd like to think that would limit the financial loss to local suppliers. The impression given is that the current debts are predominantly director loans so they'd be the ones taking the hit and is probably why they are resisting the admin route.

He's back...

24 minutes ago, Scotty said:

I guess Panos is off to casualty to get the splinters removed ... 

Nah he'll just walk it off.

Maybe they can add in the money that was raised for the west stand roof.

Saving the house involves dealing with the fire and/or the damage it has caused. In this instance it is the board members who are the fire and they're asking us to pay to effect repairs whilst the fire continues to burn. Giving £200k isn't going to extinguish the fire it will just feed it for another month.

Dealing with the fire involves dealing with the board. Everything else is just throwing good money after bad and chasing the folly that somehow we can keep the club going in it's current form.

There will be (more) casualties but fans are not responsible for that and the board cannot be allowed to shift accountability to fans for that which is precisely what is happening here.

"Fans fail to support scheme to save club" is the headline they are looking for so they can walk away saying they tried.

I will reiterate what I said before about thinking the statement from the trust is a solid one. It's only this idea that we should set aside past actions or inactions of the board and support them going forward that I don't like.

In reality the questions are going to be asked by someone. It just doesn't sit well with me that the trust position themselves in disagreement with that happening.

1 hour ago, ICT Supporters Trust said:

.... it is our intention to submit "backward looking" questions to the SLO in advance of the meeting and endeavour to raise "forward looking" questions at the meeting itself.

The statement is a good one but this idea again shows the trust are doing a bad job of reading the room.

Fans are not going to entertain the idea of putting financial support behind those who continue to shun accountability or refuse to explain how they failed to prevent us getting into this position and that involves a lot of backward looking.

They need to be questioned thoroughly on that at the meeting if there's to be any chance of looking forward.

25 minutes ago, CaleyCiuin said:

He is a business man first and foremost. He would have known some of the big issues from his previous association with the club and his association with two of the current directors. Perhaps the issues he now finds are bigger than he first thought, but it was widely reported before he took his consultancy role that he wouldn’t take the entire thing on with all of someone else debt.

19 minutes ago, old caley girl said:

I think that may have been mentioned in past but I don't think that's his aim now? The worry with admin is the administrator could decide liquidation best option with no chance of saving club? 

I think you both might be right.

What we have seen playing out recently is Savage get a foot in the door thanks to the massive incompetence of the board previous chairman and CEO. He has tried to use this situation to persuade/force those owed money to write it off and walk away for the good of the club and to cough up even more cash on the way out so that he can run things until such time as financial contracts and commitments can be run down to a more manageable level.

Given that the board appear to have been clueless even if he did have someone feeding him information before taking up his consultant position he would have had no idea just how bad the ongoing financial commitments were.

Having been unable to convince all those owed money to write it off and walk away whilst also funding things further until it gets to the point where contracts and financial commitments can be run down to a manageable level he has resorted to the previous rumoured plan of administration and taking full control via that route.

One thing that has not been made clear is whether or not the £350k provided by Savage is a true donation to the cause or if it is loans or share purchase.

Is there any indication of how much time the £200k buys the club?

I suspect it's not long and rednblack may be right to think it's a monthly requirement.

Feels scarily like the kind of gamble the previous chairman and ceo were taking by throwing money at things in the hope of rescue coming down the line.

Sad reality is the club is unsustainable as is. Time to pull the plug and start fresh. £200k would go much further starting from zero than it will trying to fill a gaping black hole.

Hearing that Cameron and Munro were the first to write off what they were owed in loans and Morrison is the one refusing to do so. He is also owed much more than the others.

Here are some speculative thoughts I have on the situation.

The battery farm situation is being complicated by the fact that even if all previous directors sign their shares back to the club then Morrison still has a hold over it via the charge he has with the club.

Administration would result in the club having no rights to any battery farm income that might come in future as it would immediately pass to Morrison.

Morrison can't afford to just write everything off and walk away as it would personally bankrupt him. If he doesn't get paid then the next best thing is he gets the battery farm and at least has a chance of clawing back his money.

I also think the Gardiner claim situation isn't that vital as compared to what Morrison is owed it's a drop in the ocean.

Someone has leaked this admin document to put pressure on Morrison. The club have been slow to officially comment because they want him to stew on it a little.

All speculation and it could be that everyone owed money has written it off but the problem now is getting an investor willing to cover costs until further cuts and savings can be made.

I fully expect when the official comment does come it will be to add further urgency to our situation and perhaps an indicative timeline for when admin will happen if deals are not done.

I don't know how these things work but maybe wanted to get him in before admin announced so if there is a ready made exit strategy that keeps squad intact then we might have a chance of clawing back the points deduction.

https://archive.ph/S7pkY

It wasn't Hughes who took us top of the table so he's irrelevant to this discussion.

You argue that the players are not good enough regardless of the manager. As this is a squad largely assembled by Ferguson and given the obvious lack of goalscorers then that sits with him. He is the one who prioritised signing defensive players ahead of attacking players.

Either way the buck stops with him.

13 hours ago, bishbashbosh said:

Yes but the players we have today are 4th and 5th tier players.

if we weren’t  in the predicament were in most of them would be farmed out to the highland league. 

It's all relative. We didn't exactly have a squad full of top Scottish premiership level players back in 2013 but what we did have was a manager who played to their strengths and made them greater then the sum of their parts. Something we could desperately do with now.

I try my best to get behind the team during the game but it's becoming harder and harder. It might just be me but I'm getting a sense that the players are starting to look jaded as well. Nobody has any belief in how we're setting out to play games and the tactics being deployed.

I don't expect us to win every week but I do expect at least some entertainment and there's nothing entertaining about our games. I'm at the stage where I'd probably rather watch us lose 3-2 or whatever with a bit of get up and go about things than sit through another bore fest. It's as if every game is a training session for our defenders.

I'm seriously contemplating taking another break from matches. The club already have my season ticket money and I hope that in some small way that's helped keep some of the wolves from the door long enough that we can find the means to change the team management.

Alan Savage mentioned on VFTT that administration might see us punted to the Highland League. The way the manager has us playing we're already headed there by far more painful and damaging means.

We beat Motherwell 2-0 to go top. Foran and Mckay the scores.

Morton signed a striker on loan from Motherwell yesterday. Wondering if it's who we were trying to get?

33 minutes ago, CELTIC1CALEY3 said:

Hopefully many of us who have expressed frustration and criticism of DF and others will shortly bury the hatchet and join the rescue boat by accepting difficulties in the re-float. It is easy to criticise and boy were there good reasons as more information on the management of the club emerged.  But life is and if we do sign a good attacker we saw last week how four good chances went begging. Take pressure off Billy and some good results could follow. DF and supporters would then get a sense of relief.  I now feel more optimistic that results will improve. By definition we are all grateful for those behind the scenes trying to make this work against adversity.

This idea that if we can get a striker then everything will suddenly be great is a bit delusional. It was similar thinking that got the club into the trouble it is now.

Once we get the battery farm we'll be good.

Once the carpark deal kicks in we'll be good.

Once the Makwana deal is done we'll be good.

Once we move everything to Kelty we'll be good.

Hoping for things changes nothing especially when they don't transpire and just gets in the way of taking action now and stopping the slide.

Recent revelations about Ferguson considering not coming back are also alarming. He's essentially told us that he was off sulking and not dealing with the player issues we had over the summer. The phrase for that is dereliction of duty and most of us would be fired for such behaviour.

I think most of us would agree we have a squad capable of achieving more than it has been.

It's not the tools and materials that are faulty it's the person using them.

8 minutes ago, snorbens_caleyman said:

So what was the reason for 15 minutes of added time?

Pitch was so good they couldn't get any of the players to leave it.

Taken from a crowd photo at the game so looks like it does exist.

Unfortunately I can seldom get to the ground on time to do hospitality but on the occasions I could make it I'd pay £25 for a bacon roll a bowl of soup and a pint with access to a proper bar before the game a pie and cuppa at half time and bar access for a couple of hours after the game. That way they'd get my £25 and bar spend.

Did they not have some kind of cheap exclusive access thing in the past?

No press conference or just no news from the press conference?

Either someone's come up with a bucket of cash or we're going into administration.

1 hour ago, Starscape said:

Stemhousemuir are above us in the table. Then again, we've got a very young team. Very young. Most of them don't play mind you, including some of the better ones. Still, Stenny have got it easy with their part-time team.

Don't forget that we're unbeaten if you don't count defeats and have the best defensive record in the country if you don't count those who have a better one.

3 hours ago, big cherly said:

Taking in the highlights, and admittingly it’s not a proper ‘take’ of the match as a whole, I have to align with the posters that say this was two points dropped. We had more than enough clear cut chances to ‘kill’ the game of before subs or Alloa came back into the game. DF’s changes or game plan may have contributed, but we have to take the chances (some sitters) when they come along. Time catching up on B McKay for me! 

Billy is currently playing a role that requires a lot of running and that won't be helping him. I think it's huge credit to him that he's out of his natural position and remains so influencial in games for as long as he does.

We might still get 90 minutes from him in his more natural position up front. The question is whether he's more valuable to us in that role or his current role.