Stevie Clarke wrote:Much as I dislike McGowan and want him gone, to say the club has been in decline since his arrival is plain wrong. Historically Accies are not a top tier club, even when it was made up of 18 teams. We've just had another seven years in the Premier. The club does belong to the people of Hamilton unfortunately the vast majority of them couldn't care less. It's always dispiriting in a spell of warm weather like this to see the number of OF tops on the town's streets, mostly Rangers it has to be said. It is a bit of a thankless task, Ronnie said McGowan brought him on board and we've had a lot of good times since 2003. I've already talked about the neverending stream of shady if not downright criminal sponsors. He drags the name of the club down. It would be better for all concerned if he left.
niallfraser8 wrote::lol: Nice diversion away from the question ; Have you checked the Raith Rovers accounts
I checked this out personally and Mcgowan got on well with Raith supporters until he let Claude Anelka be the manager in 2004 then all hell broke loose but the fact remains that Mcgowan saved Raith from certain liquidation FACT.
Yes a number of supporters from 20 years ago may harbour a dislike for the man although like the Accies without Mcgowan they would not have a club to be fans of FACT.
As for the Hamilton Stadium property, Mcgowan's company Edencrest owned it for 10 years before he was asked to join the accies boardin 2014 and yes all this info is available on companies house. I am also told Mcgowan was instrumental in bringing Ronnie MacDonald and our current board to NDP so I'm not sure who it is that needs to smell the coffee here. Quick question if Accies could not afford to pay it's players when Mcgowan arrived how could it afford to buy and run a property company? In any case most clubs rent their stadiums and this should be about football not another mans property company that he owned for 10 years before joining the board.
As for not putting a further penny in that is indeed unfortunate, I'll personally be buying a season book and attending some of the events like the fireworks night, everything helps the club and community. You have to hand it to Mcgowan having over 5000 at the fireworks year in year out as well as big numbers at other events throughout the year. His School addiction talks are SURELY to be complimented in 1, providing a much needed service for free and 2, bringing in new young supporters. The community seems to be right behind him year in and year out for someone who is not meant to be liked. Naturally and obviously not every supporter shares your views, when I was volunteering there a few years back I noticed a great number of supporters that support these events.
Although having said all this the important thing is to win football matches and get back to the championship asap. We have to hope that the new owners get a really good commercial man or woman because no matter who likes or dislikes Mcgowan he knew how to raise money, that much is indisputable. We desperately need a great start to the new season ahead.
niallfraser8 wrote::lol:
As for the Hamilton Stadium property, Mcgowan's company Edencrest owned it for 10 years before he was asked to join the accies board in 2014 and yes all this info is available on companies house. Another mans property company that he owned for 10 years before joining the board.
porcupine wrote:niallfraser8 wrote::lol:
As for the Hamilton Stadium property, Mcgowan's company Edencrest owned it for 10 years before he was asked to join the accies board in 2014 and yes all this info is available on companies house. Another mans property company that he owned for 10 years before joining the board.
Let's look at Companies House records
Edencrest was a shell company, dormant with a share capital paid up of £2 when it was formed in 2003. Walter Hamlton & Colin McGowan (Property Developer) were Director & Secretary by 2004.
In June 2005 Edencrest has some activity ending up with £557 of Capital, so no property then.
In November 2005 Allied Irish Bank gets a Bond & Floating Charge from Edencrest, and the June 2006 balance sheet shows
a Fixed Asset of £552,750 plus/including a 55% share of Deeka Ltd. Bank Loans are now shown on that set of accounts.
So any property asset only appears in 2005 and CMcG joins Accies in 2014? That's not 10 years.
Is it the case that Edencrest had no apparent trading income but obtained a bank loan in addition to Directors loans, on the back of a 20 year blue-chip lease income from SLC of around £200K p.a.??
Can you clearly explain the real detail behind all this, Niall?
For the rest of us, it's all very confusing.
How any potential 'new owner' will have carried out a due diligence exercise before investing, is beyond me!
Perhaps someone can explain who Prosigns (Glasgow) Limited are and why they have a Security over the land and buildings at NDP, ranking behind CMcG?
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