by Speedo » Mon Apr 12, 2021 1:21 pm
On the view 1% doesn't mean anything - I'd disagree because:
- Even with 1% holding, a shareholder has a right to access to information about the company not commonly in the public domain - e.g. salaries, payments, sponsorships, etc., so we as a fanbase can object to commercial deals we disagree with and at least have oversight into what is being done with our money within the club.
- With a seat at the table - even as a noisy-but-not-decisive voice - that's a great step forward from today where a muffled voice with no influence whatsoever.
- 1% is a platform which can grow over time as more money is put in to the trust, or the club drops down the divisions, or some other form of acquisition (e.g. gifted %, as per Hearts). But 1% is a critical milestone (perhaps THE critical milestone) to begin that process.
Now whether all that is worth £3m is each individual's call - and I certainly understand why people have concerns about "mob rule" when it comes to the Trust's actions. I think if it was in a position of control like that, some reform would be needed to enable the Trust to hire experts to work on its behalf (but not at its direction). However that is a long way away - right now any voice is a whole lot better than no voice at all.
On the view 1% doesn't mean anything - I'd disagree because:
- Even with 1% holding, a shareholder has a right to access to information about the company not commonly in the public domain - e.g. salaries, payments, sponsorships, etc., so we as a fanbase can object to commercial deals we disagree with and at least have oversight into what is being done with our money within the club.
- With a seat at the table - even as a noisy-but-not-decisive voice - that's a great step forward from today where a muffled voice with no influence whatsoever.
- 1% is a platform which can grow over time as more money is put in to the trust, or the club drops down the divisions, or some other form of acquisition (e.g. gifted %, as per Hearts). But 1% is a critical milestone (perhaps THE critical milestone) to begin that process.
Now whether all that is worth £3m is each individual's call - and I certainly understand why people have concerns about "mob rule" when it comes to the Trust's actions. I think if it was in a position of control like that, some reform would be needed to enable the Trust to hire experts to work on its behalf (but not at its direction). However that is a long way away - right now any voice is a whole lot better than no voice at all.