disgruntled_bear 157 Posted June 23, 2012 Share Posted June 23, 2012 Motherwell FC has warned its fans of the financial consequences of a newco Rangers being voted out of the SPL© SNS GroupVoting a keep a newco Rangers out of the SPL could plunge Motherwell into administration, the club has told fans.In guidance issued to supporters of the Lanarkshire club, posted on the Motherwell fans’ site Fir Park Corner, Motherwell estimated that it would lose more than £900,000 in income without Rangers in the league.That sum will have to be balanced out with investment from the fans, otherwise it could be tipped into administration, says the club’s board.Motherwell FC is in the process of moving to a fan ownership model, as majority shareholder John Boyle pledges his stake in the Fir Park club to a group of supporters in the form of the Well Society.The society’s members are being polled on whether to allow a newco to enter the SPL after Rangers FC began the process of being liquidated.The breakdown of costs that Motherwell foresee if the newco is voted out of the league are a loss of £600,000 from SPL revenues, made up of sponsorships and the television deal for the league.The club expects to lose £275,000 in gate receipts from Rangers supporters and estimates a drop of £40,000 in matchday hospitality and sponsorship.If the newco is allowed to enter the SPL, Motherwell still expects to make losses in gate receipts as it anticipates that fans will stay away for reasons of “sporting integrity”.In conclusion, the guidance note states: “Whatever decision is made on the newco vote by the SPL clubs, the financial position of Motherwell Football Club will suffer. There are clear risks to the financial stability and very future of this club presented by the current situation.“In the event of serious financial difficulty, the board will have to look to the members, shareholders and supporters to step up their support for the club and the Well Society. This is likely to be in the form of increased prices, higher attendances and further Society memberships and contributions.“It is clear that if we are unable to replace significant amounts of income lost under either scenario, the club would be facing an insolvency event. This would lead to a 21 point reduction.”http://sport.stv.tv/football/clubs/motherwell/107668-motherwell-board-says-loss-of-rangers-could-put-well-into-administration/This SPL vote ain't cut and dry yet. Quote Link to post Share on other sites More sharing options...
disgruntled_bear 157 Posted June 23, 2012 Author Share Posted June 23, 2012 Motherwell FC has warned its fans of the financial consequences of a newco Rangers being voted out of the SPL© SNS GroupVoting a keep a newco Rangers out of the SPL could plunge Motherwell into administration, the club has told fans.In guidance issued to supporters of the Lanarkshire club, posted on the Motherwell fans’ site Fir Park Corner, Motherwell estimated that it would lose more than £900,000 in income without Rangers in the league.That sum will have to be balanced out with investment from the fans, otherwise it could be tipped into administration, says the club’s board.Motherwell FC is in the process of moving to a fan ownership model, as majority shareholder John Boyle pledges his stake in the Fir Park club to a group of supporters in the form of the Well Society.The society’s members are being polled on whether to allow a newco to enter the SPL after Rangers FC began the process of being liquidated.The breakdown of costs that Motherwell foresee if the newco is voted out of the league are a loss of £600,000 from SPL revenues, made up of sponsorships and the television deal for the league.The club expects to lose £275,000 in gate receipts from Rangers supporters and estimates a drop of £40,000 in matchday hospitality and sponsorship.If the newco is allowed to enter the SPL, Motherwell still expects to make losses in gate receipts as it anticipates that fans will stay away for reasons of “sporting integrity”.In conclusion, the guidance note states: “Whatever decision is made on the newco vote by the SPL clubs, the financial position of Motherwell Football Club will suffer. There are clear risks to the financial stability and very future of this club presented by the current situation.“In the event of serious financial difficulty, the board will have to look to the members, shareholders and supporters to step up their support for the club and the Well Society. This is likely to be in the form of increased prices, higher attendances and further Society memberships and contributions.“It is clear that if we are unable to replace significant amounts of income lost under either scenario, the club would be facing an insolvency event. This would lead to a 21 point reduction.”http://sport.stv.tv/football/clubs/motherwell/107668-motherwell-board-says-loss-of-rangers-could-put-well-into-administration/This SPL vote ain't cut and dry yet. Quote Link to post Share on other sites More sharing options...
tombomb 28 Posted June 23, 2012 Share Posted June 23, 2012 more twists and turns again 4th july cant come quick enough Quote Link to post Share on other sites More sharing options...
disgruntled_bear 157 Posted June 23, 2012 Author Share Posted June 23, 2012 Just seen it's already posted by Jama. Delete thread please Admin Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted June 23, 2012 Share Posted June 23, 2012 they are crying otu to vote YES without isolating their fans or triggering a CFC boycott. Quote Link to post Share on other sites More sharing options...
OlegKuznetsov 10,816 Posted June 23, 2012 Share Posted June 23, 2012 This SPL vote ain't cut and dry yet. It's only one, but if the 1st Division and other SFL clubs block a Div 1 route, I could see more fold as a three year deficit due to a league without us is far less sustainable.What threatened to be a landslide against us may turn out to be rather closer than initially thought.You may even see one or two break ranks now. I had suspected the SPL's "pre SPL meeting" meeting was going to be a chance for those who are possibly in similar position to persuade the others to be more wary of their actions. Indeed, it may even be that the more reasonable and reasoned ones called the meeting. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted June 23, 2012 Share Posted June 23, 2012 they are crying otu to vote YES without isolating their fans or triggering a CFC boycott.That would be the least damaging option for them Quote Link to post Share on other sites More sharing options...
King Jela 20,016 Posted June 23, 2012 Share Posted June 23, 2012 :lol: :lol: :lol: :lol: :lol: Quote Link to post Share on other sites More sharing options...
Bad Robot 21,029 Posted June 23, 2012 Share Posted June 23, 2012 what is said in public by most of these clubs is to keep their fans on board but in the privacy of the vote I think chairman will act differently especially when thinking about sustainability and their business plans. Quote Link to post Share on other sites More sharing options...
tommy2212 151 Posted June 23, 2012 Share Posted June 23, 2012 Hmmmmm sounds like a stark warning to the motherwell fans that maybe they should think of the bigger picture instead of sticking the boot in. How many other clubs are gonnae cut their noses off to spite their face? Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted June 23, 2012 Share Posted June 23, 2012 This is actually starting to get funny Quote Link to post Share on other sites More sharing options...
aird 3,721 Posted June 23, 2012 Share Posted June 23, 2012 Think Killie came out and said they'd lose about £300k or so aswell. Quote Link to post Share on other sites More sharing options...
ps95v7 387 Posted June 23, 2012 Share Posted June 23, 2012 my heart is bleeding and they will be the first of many Happy Days read it and weep Cosgrove et al @ bbc shitland Quote Link to post Share on other sites More sharing options...
Mor3los_1 3,672 Posted June 23, 2012 Share Posted June 23, 2012 There fans will still say no even if it means their own club dying tbh. All buying into this "integrity" propoganda that has been peddled by the paedos. Quote Link to post Share on other sites More sharing options...
Ricky_ 893 Posted June 23, 2012 Share Posted June 23, 2012 Last Season Motherwell's income from non-season tickets was:31% Rangers29% Celtic31% from the other diddy teams& 9% from Motherwell fans (non ST).Total income from non-ST sales: £970koh, and if they go into administration, they lose 22 points thanks to the new sanctions the lunatics voted for. good luck muddawell Quote Link to post Share on other sites More sharing options...
GlasgowRangersChampions52 5 Posted June 23, 2012 Share Posted June 23, 2012 Does this mean no champions league for them? :lol: Quote Link to post Share on other sites More sharing options...
airdriebluenose 351 Posted June 23, 2012 Share Posted June 23, 2012 Where's the fucking sense in this. We need Rangers in the SPL or we will go into administration, but we'll just just let our fans pick. Seriously?!What kind of chairman would let the fans pick, when they will probably cut their noses off to spite their face.If Motherwell need Rangers then the men in charge should at least have the balls to say it Quote Link to post Share on other sites More sharing options...
airdriebluenose 351 Posted June 23, 2012 Share Posted June 23, 2012 Last Season Motherwell's income from non-season tickets was:31% Rangers29% Celtic31% from the other diddy teams& 9% from Motherwell fans (non ST).Total income from non-ST sales: £970koh, and if they go into administration, they lose 22 points thanks to the new sanctions the lunatics voted for. good luck muddawell Their scheme to fuck us up is already backfiring on other Scottish clubs, fucking fools Quote Link to post Share on other sites More sharing options...
Teamgers 1,214 Posted June 23, 2012 Share Posted June 23, 2012 Fuckin quality, hope they suffer, big style. Quote Link to post Share on other sites More sharing options...
EastEnclosureBear 2,894 Posted June 23, 2012 Share Posted June 23, 2012 :lol: Aw-well. Quote Link to post Share on other sites More sharing options...
islandblue 366 Posted June 23, 2012 Share Posted June 23, 2012 The penny is finally dropping Quote Link to post Share on other sites More sharing options...
Blumhoilann 6,712 Posted June 23, 2012 Share Posted June 23, 2012 more twists and turns again 4th july cant come quick enoughIndependence Day but will we stand alone? I really don't think so Quote Link to post Share on other sites More sharing options...
Johnnyren 601 Posted June 23, 2012 Share Posted June 23, 2012 when they go into administration, i hope they appoint duff and phelps, that should really finish them off Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted June 23, 2012 Share Posted June 23, 2012 when they go into administration, i hope they appoint duff and phelps, that should really finish them offYa cunt - ma coffee is runnin doon ma nose :) Quote Link to post Share on other sites More sharing options...
tombomb 28 Posted June 23, 2012 Share Posted June 23, 2012 such a shame...doo roo doom doom doom...another one bites the dust Quote Link to post Share on other sites More sharing options...
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