Club statement

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Re: Club statement

Postby Amoutahere1874 » Sat Nov 04, 2017 2:46 pm

Heard there could be arrests imminent.
A lot closer to home than China or Africa too.
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Re: Club statement

Postby Willie Wastle » Tue Nov 07, 2017 2:05 pm

Some context: http://www.bbc.co.uk/news/business-41897888

I'm not sure that's what's happened here, but 19,000 people/businesses in Britain have lost £100 million in just six months, through authorised push payment (APP) scams.
sic a wife as Willie had, I wadna gie a button for her!
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Re: Club statement

Postby Amoutahere1874 » Sun Nov 12, 2017 5:35 am

St Johnstone have announced another profit making season last term.
Six consecutive seasons of top 6 finishes.
Regular European football.
A SCOTTISH CUP.
They have £2m sitting in their bank earning interest.
This well run Club would NEVER let themselves be suckered for £1m.
That's for sure.
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Re: Club statement

Postby AlMac » Sun Nov 12, 2017 1:39 pm

Amoutahere1874 wrote:St Johnstone have announced another profit making season last term.
Six consecutive seasons of top 6 finishes.
Regular European football.
A SCOTTISH CUP.
They have £2m sitting in their bank earning interest.
This well run Club would NEVER let themselves be suckered for £1m.
That's for sure.

You forgot to add that they haven't scored a goal in their last 6 games and some of their fans are moaning....
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Re: Club statement

Postby Amoutahere1874 » Sun Nov 12, 2017 6:12 pm

Look at the bigger picture.
Who would you rather have running your Club?
The Brown family or the McGowan narcotics anonymous family?
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Re: Club statement

Postby AlMac » Mon Nov 13, 2017 11:14 pm

Amoutahere1874 wrote:Look at the bigger picture.
Who would you rather have running your Club?
The Brown family or the McGowan narcotics anonymous family?

Thx for the advice, however I've got no problem seeing the bigger picture.
Chill out and get over Canning, McGowan and Rojano.
Failing that you could always switch allegiance and start following the mighty St Johnstone.... :D
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Re: Club statement

Postby Amoutahere1874 » Tue Nov 14, 2017 10:24 pm

You don't half spout a lot of pish.
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Re: Club statement

Postby Alty accie » Tue Nov 14, 2017 10:54 pm

Unlike you, of course.
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Re: Club statement

Postby Amoutahere1874 » Wed Nov 15, 2017 1:10 am

And you,bawbag.
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Re: Club statement

Postby AlMac » Wed Nov 15, 2017 12:58 pm

Amoutahere1874 wrote:You don't half spout a lot of pish.

:lol:
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Re: Club statement

Postby Red and white hoops » Wed Nov 29, 2017 2:06 pm

Still no updates on this. Is the investigation still ongoing? Can we expect any sort of update on this anytime soon?
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Re: Club statement

Postby Willie Wastle » Wed Nov 29, 2017 4:45 pm

Surely no news is (relatively) good news?

Doesn't look like we're going bust, which was on the spectrum of possibilities.
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Re: Club statement

Postby judgeflash » Thu Nov 30, 2017 12:39 pm

Willie Wastle wrote:Surely no news is (relatively) good news?

Doesn't look like we're going bust, which was on the spectrum of possibilities.


As I said when it all kicked off, my source said the money would not be returned due to the nature of the theft.

If the club ever published accounts, that would help show transparency and help build a bridge of trust between the board/fans. I for one am genuinely interested in the ingoings/outgoings of our club, INC Paid ST revenue.
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Re: Club statement

Postby Amoutahere1874 » Thu Nov 30, 2017 8:46 pm

I have said from the outset that there is something very fishy about this whole episode.
Accies fans aren't daft in the main and due to the antics of previous incumbents of the Club over periods of time can't be blamed for being 'suspicious'.
Enough said.
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Re: Club statement

Postby PrideOfLanarkshire » Fri Dec 01, 2017 9:38 am

Amoutahere1874 wrote:I have said from the outset that there is something very fishy about this whole episode.
Accies fans aren't daft in the main and due to the antics of previous incumbents of the Club over periods of time can't be blamed for being 'suspicious'.
Enough said.


Agreed here.

Take a look on Companies House for an interesting read. McGowan has seemed to dissolve some what 18 business :?

Also, who the fek are Edencrest? They seem to be our majority shareholder although i cannot find anything about them online.
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Re: Club statement

Postby Amoutahere1874 » Sat Dec 02, 2017 1:30 am

Why is McGowan anywhere near a Football Club when he freely admits to not being a football fan?
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Re: Club statement

Postby porcupine » Sat Dec 02, 2017 11:04 am

[/quote]

Take a look on Companies House for an interesting read. McGowan has seemed to dissolve some what 18 business :?

Also, who the fek are Edencrest? They seem to be our majority shareholder although i cannot find anything about them online.[/quote]

It appears, IMO, that they are the stadium owners from the balance sheet. Fixed Assets of over £500K, trading losses of £20+K a year, and showing a Floating Charge on assets i/f/o Allied Irish Bank UK Ltd. All directors names are familiar to us. C McG is shown as having "significant control" from 2016. SC251459 shows all the (very limited) information on Edencrest Ltd. This'll probably be just a 'paper' company.

Private limted company means just that....... minimum statutory legal information made available to the general public at Companies House.
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Re: Club statement

Postby Amoutahere1874 » Sat Dec 02, 2017 11:37 pm

A taxi driver I spoke to at the weekend has a friend in the City who got told by a friend of a friend that Edencrest's working capital got a £900k boost recently.
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Re: Club statement

Postby Gav » Thu Dec 07, 2017 1:41 pm

RBS saying they will not reimburse the £863k we lost. Could be dark days ahead.
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Re: Club statement

Postby judgeflash » Thu Dec 07, 2017 6:06 pm

judgeflash wrote:
Willie Wastle wrote:Surely no news is (relatively) good news?

Doesn't look like we're going bust, which was on the spectrum of possibilities.


As I said when it all kicked off, my source said the money would not be returned due to the nature of the theft.

If the club ever published accounts, that would help show transparency and help build a bridge of trust between the board/fans. I for one am genuinely interested in the ingoings/outgoings of our club, INC Paid ST revenue.



Sadly I was correct in this instance. He said if it was genuine fraud monies would be returned within a week, however the apparent nature of this 'fraud' is very loose and bordered on criminal negligence of club funds.

Hopefully some investors will approach asap.
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