STFU

3 if you count Newman who has been listed as a trialist on the official team sheet for all friendlies so far including tonight.

There's still time.

There's a pattern developing.

Football's Next Star

The credit card thing might offer fans protection but cc companies will go after the club for the funds. If the club are in administration or liquidation the cc company will get beneficial creditor status. This means they will be paid ahead of people such as local businesses etc. It may seem like a smart move but ultimately it's the wrong people who end up paying if the club gets into further trouble.

No acknowledgement of the fans who have become increasingly disillusioned by other matters since this initial demand was made? Treatment of Ridgers, Doran and other players? Failed promises of improved communication? Failure to deliver new away kit as promised? No sign of the investment that was imminent when asking for season ticket and merchandise sales to tide them over in the short term till they got that done? Late accounts? 27 months to notify of a director resignation? Bringing in loan players from down south despite that apparently being unaffordable whilst overlooking local options? It's becoming more and nore apparent that the CEO may be the biggest problem but he's far from the only one and there are many more legitimate reasons for fans to be reluctant to put money into the club just now.

I'm not a car designer but I know what I like and what I don't like when it comes to performance and style without being able to build one.

The club also had a deal involving ILI for use if carparks which fell apart when that company changed hands. Absolutely nothing has turned out the way we have been told by club representatives. It's worse than being told nothing as they are clearly being very contrived in when and how we get the little information we do and it's all been misleading. If this is happening with fans then it's very likely happening with potential investors as well. If these potential investors do actually exist. Enter stage left...

Clach and Nairn both had free concessions so swings n roundabouts.

Ross Morrison holds a charge over the club's share in the battery farm so there was no need to 'protect' it at the battery company level if that was the purpose. Sadly it all feels way more like directors protecting their own interests. It also further complicates negotiations on any investment deal thet are trying to do.

Ricky Gervais is the only person on the planet who could pull that off.

I'm sure it's all just part of the plan like the delaying of the accounts. They just need time to have auditors look over the missing documents.

Confirmation bias. You're going on the assumption that 'going concern' is the only thing that could delay the accounts and looking for reason to support that. There are a whole host of reasons and a quick online search suggests: Financial Difficulties: The company may be experiencing financial trouble, such as cash flow problems, significant debts, or potential insolvency. Delaying accounts can sometimes be a way to buy time while trying to resolve these issues. Accounting Irregularities: There could be discrepancies or irregularities in the accounts that the company is trying to resolve before filing. This could include errors, fraud, or attempts to manipulate financial statements. Audit Problems: There could be disagreements or issues with the auditors that need to be resolved before the accounts can be finalised and submitted. Compliance Issues: The company might be facing regulatory or compliance issues that need to be addressed before the accounts can be filed. This could include tax disputes or other legal matters. Strategic Reasons: In some cases, companies might delay filing accounts for strategic reasons, such as avoiding revealing financial performance to stakeholders during a sensitive period. Given the move to deliberately extend the filing period we can probably rule out administrative oversight.

It was explained to me that the auditors have merely evaluated the use of going concern status declared by directors as appropriate. It does not mean they have done any investigation into the likelihood or reality of what is said. If directors had put in there that they are flying to vegas to stick everything on number 13 in roulette then that would not be appropriate (even if it does feel like less of a gamble right now) and the accounts would not pass as a going concern. Provided the claim is plausible then no further responsibility falls on the auditors on this matter.

Not entirely as you are reading it as the auditors stated that they have concerns that the business is a going concern They will have signed them off because directors have said there is a plan to deal with it. Their comments do not give any assurances that the plan is viable and they will likely have seen no supporting evidence for it. The only thing stopping us from slipping into insolvency territory for the period is asset value and (potentially) the accrual of the cup money into those accounts. As with the move to delay the accounts this is legal but should be raising massive alarm bells. As with many things the last few years all is not as it is presented. *The above is following a discussion with a friend more versed in these things than me.

Calling for the younger local players to be given more opportunity is not the same as asking for a squad almost entirely made up from them. I get that what we have is a result of the financial situation and I accept that but it is not what fans asked for. For me it's still preferable to the Kelty nonsense. The way that this situation was put to fans and then how things developed from there means that what was happening was choices being made. It may be seen as hair splitting but choosing least worst options is not the same as asking for something. The board, chairman and ceo are responsible for putting us in this hole and they can't be allowed to pin blame for the consequences of that on the fans. It's staggering to me that some people (not aimed at you) still want to put any faith in the current leadership to navigate us out of this. It's like some perverse form of Stockholm Syndrome or something!

Are we really trying the 'trust me I'm a doctor ' approach now?

The club was being thrown off a cliff and fans were basically told they could have Kelty or Administration. Fans said they'd rather take a chance with administration than back a club that no longer connected with the local community. It was the club who then decided to go with a squad made up of a majority of young local players. At no time was this the ask of the fans.

The charge was put in place long before any of this kicked off and the fans decided enough was enough. He was entirely responsible for his own demise and financial situation. Such a big ICTFC fan and hero that he'll now drag the club down with him?

This pedalling of the 'fans are getting that they asked for' line is inaccurate and exactly the kind of bs spin that allows those responsible to dodge accountability. NONE of this is what fans asked for.

Given that Ross Morrison put charges in place I have serious concerns that he has any intention of writing off what he is owed. Need to also keep in mind that this is the financial position from over a year ago and it required £1.3 million in loans to see us through the 2022/23 season. That £2.1 million figure could easily be nearer £3.5 million (coincidence that this is what the battery farm would have brought in?) today if the same was required for 2023/24. A new investor looking for a majority share of even 50% would need over £4 million (£12 million if they want 75%). Deduct director loans and there's not much left to be doing anything with. Even the auditors have said again that there's serious doubt that we are a going concern.

Looking at Ferguson's comments to the press after the game he has no intentions of changing the style of play this season. So it's 5 at the back and tippy tappy football to look forward to again.

We're up sh*t creek without a paddle so it seems appropriate.

Tokely vs Ferguson in a celebrity death match. Who wins?