SCENES!!

Trap_6 wrote:

Can we get a separate thread for people who want to write positive things about the chairman and board?

Or is the rest of the forum ours to roam free unfettered...? 

You could put stuff here, or start one yourself. 

Generally I have been happy with the board, but was deflated with the sales at the start of February. And then was annoyed by the close down in communication.

Like Mr Twat, I wrote (email) to the club a few times in January and onwards, failing to get a reply (on the matter of governance of our game by the SFA and SPFL, a bugbear of mine). Eventually, I did get a conversation of sorts going with a representative of the board. In short, the responses were not really satisfactory, indicative that our club didn’t want to antagonise the authorities, although they may have been supportive of my views. That one is ongoing.
I was also unhappy at the length of time the previous management team was given to fuck things up to the extent they have, but did not bring that, or the player sales, up with United’s custodians. This for two reasons: a) plenty noise was being made by the Fed/ArabTrst via the running of the club, without an individual raising the same arguments and b) my view is that the club won’t actually change matters on management, five year plans, anything financial in fact, when fan groups, in the eyes of the board, try to influence situations via communications. The only way to change the board’s thinking is via a boycott, and that is an improbable option for many fans.

And I've realised the only way to change the way the game is governed by the SFA/SPFL is also a boycott, for the audacity and arrogance displayed at the Hampden offices by football's leaders could shame Sepp Blatter.

Or maybe not.
 

Stevie Campbell is gone, some people at our Club should hand their heads in shame.  Another shitstorm about descend on our Club.

Question. That interview he did today with Graeme Spiers where he says he's still interested in the Newcastle Jets.  Did he say to the Fed he was still actively pursuing this in their meeting a few days ago?

Word on the pavey is that we need to sell this month or we have no money left by the end of March.
 Expect McGowan will be on his way if that Chinese outfit throw a few pennies at us.  Talk about Reap what you Sow. The most Bitter of Dundee fans couldn't have made a bigger cunt of our Club. 

Once we are officially relegated, the gloves will be off, IMO. I thought Dundee fans wer​e bad for just accepting whatever they are fed from the Club. A lot of ours are worse, much worse.  

We shall see indeed, wonder if they will sell anyone if a bid comes along? I reckon any player at any price.

If money is so tight that we're allegedly on the verge of running out of it why are we bidding for and signing high earners?

Kawashima, Demel, Pongolle, Stokes etc do not come cheap.

There is very little debt repayment being made comapred to any season in the last 20, we've raked in more income in the last financial year from transfers than at any time in the last 20.

It doesn't make sense.

blackandtangerine wrote:

Andy wrote:

If money is so tight that we're allegedly on the verge of running out of it why are we bidding for and signing high earners?

Kawashima, Demel, Pongolle, Stokes etc do not come cheap.

There is very little debt repayment being made comapred to any season in the last 20, we've raked in more income in the last financial year from transfers than at any time in the last 20.

It doesn't make sense.

Spending more than we bring in.  Simple as that.
 

It's not that simple though mate, we are spending more than we bring just now to try and stay in the top flight.  That should push us into the red for 6/12 months but shouldn't make us insolvent due to the debt deal and transfer income over the last 18 months.

I'm not saying its not as precarious as you and Heggy suggest, I don't know either way, but if it is then something seriously stinks.
 

blackandtangerine wrote:

Andy wrote:

blackandtangerine wrote:

Spending more than we bring in.  Simple as that.
 

It's not that simple though mate, we are spending more than we bring just now to try and stay in the top flight.  That should push us into the red for 6/12 months but shouldn't make us insolvent due to the debt deal and transfer income over the last 18 months.

I'm not saying its not as precarious as you and Heggy suggest, I don't know either way, but if it is then something seriously stinks.
 

 
Last year's accounts were published around November and the club agm was in January.  strange that they are late out.

The last set of accounts (to June 2014) were lodged at companies house on 31st March 2015.
 

scarpia wrote:

Andy wrote:

If money is so tight that we're allegedly on the verge of running out of it why are we bidding for and signing high earners?

Kawashima, Demel, Pongolle, Stokes etc do not come cheap.

There is very little debt repayment being made comapred to any season in the last 20, we've raked in more income in the last financial year from transfers than at any time in the last 20.

It doesn't make sense.

 
This may not be accurate - from club statement dated 3rd April 2015 -

" overall debt has been reduced from £5.6m to £2.65m to date, and is projected to be further reduced to some £1.4m later this year on the receipt of the next scheduled receipt of transfer income.”

Which is not to say that this projection has not come to pass but I'd be interested to know why you think that there has been "little debt repayment in the last financial year" before the accounts have been published 

Your misunderstanding has emphasised my point.

By little debt repayment I mean monthly outgoings.

We are paying very little now, compared to the recent past, to service our debt so I am surprised we are close to being insolvent.
 

scarpia wrote:

Andy wrote:

scarpia wrote:

 
This may not be accurate - from club statement dated 3rd April 2015 -

" overall debt has been reduced from £5.6m to £2.65m to date, and is projected to be further reduced to some £1.4m later this year on the receipt of the next scheduled receipt of transfer income.”

Which is not to say that this projection has not come to pass but I'd be interested to know why you think that there has been "little debt repayment in the last financial year" before the accounts have been published 

Your misunderstanding has emphasised my point.

By little debt repayment I mean monthly outgoings.

We are paying very little now, compared to the recent past, to service our debt so I am surprised we are close to being insolvent.
 

 
On what basis do you think we are close to being insolvent Andy ....I have pointed out earlier that there are no signs of this....any outstanding bills not been paid.....is there any suggestion that this month's loan repayment has been/will be missed?

I'm not being complacent about where we are financially, but we're an awful lot better placed than we have been (close to going tits up when Setanta went bust imo) and I'm genuinely puzzled as to why people think we are in any immediate danger of insolvency.

If anyone has anything concrete on this I wish they'd share but I suspect we're dealing in rumours with no basis here - happy to be corrected of course.

 
I don't bud.  That's the point of my posts.

I can't understand why people think we are close to that, there are posts suggesting that we will be insolvent in April which shocks me.

They obviously know something I don't but I don't know what I don't know.