Kinnoull Kicker

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Everything posted by Kinnoull Kicker

  1. To an extent I agree with you. don’t know about ITC but DFC has been mismanaged for years notwithstanding going into administration and changed ownership. There is nothing to suggest that the current owners are putting long term sustainability at the heart of their strategy. With a start point of a large deficit in S/Holder funds, how do they realistically expect to recover that situation and generate an acceptable return on capital from the new stadium venture while maintaining a competitive football business? They will bail out if the new ground does not go ahead. either way the future for that club is pretty bleak. our position is different - a relatively strong balance sheet with significant cash reserves and sitting on a vary valuable land asset. The problem is identifying a new owner with the interest of the club at heart and the skills to leverage the financial strengths the club benefits from and the development opportunities that exist. Relegation will certainly weaken our position but wouldn’t necessarily be fatal.
  2. So DFC has just posted accounts that show -£6.5m shareholders funds as at May 23 - and projected to get worse in the period to May 24. Ongoing operations unsustainable and key shareholders have had to commit to injecting more funds to keep the business going. Seems to me as DFC technically insolvent as a going concern and the ultimate owners are aiming to plough capital in to a new stadium and non football infrastructure in the hope that they’ll recoup the outlay over time from non football activity. There’s risk and madness - think it’s the latter! If the new ground / commercial ventures don’t proceed the games a bogey and administration will be just round the corner interesting parallel to be drawn with our situation. Cash in bank and sitting on a substantial land asset - but the land asset can only be realised by relocating the stadium and how would any excess funds be reinvested to support football activities and increase non football revenue. Brown won’t dispose of the business unless he secures guarantees on the land and what would happen on its disposal. If he were 20 years younger he would know how to manage this and that would have a sustainable football club at its core. What investor out there would hold the same values and not have a focus on a financial return. ? Therein lies the conundrum that Brown faces - legacy is important to him but time is against him.Hopefully he finds the right answer !!!!
  3. HFC 2 SJFC 1 Goal Le Fondre Card Gallagher
  4. I have given Craig Levein and his sidekick the benefit of the doubt until now. It is clear to me that he / they are displaying pathological behaviours that are resulting in this squad performing far below its collective capability. There is no doubt that we are bereft of any width (save for the injury prone Wright). It was obvious that this was the case from the day Levein took over but he failed to recruit to at least attempt to resolve. Kimpioga and Sidibi may get us out of jail but without supply this is doubtful. Prioritising the signing of Connor Smith just makes no sense given the central midfield options and he is yet to show any ability to create opportunities. Sprangler now clearly behind C Smith and Kucheravyi in the pecking order - what? There has to be an urgent change in approach or we sleepwalk into relegation. What’s wrong with reinstating May with Clarke and playing Kimpioga wide? What’s wrong with playing May as a number 10 with Sidibi / Clarke or Kimpioga up front. Robinson and Gallagher clearly are unable to play as creative wing backs and the jury is out on Keltjens. The go to back three lacks pace and prone to bombscares. Move to a back four now and at least try and make use of the pace that now exists to give width, stretch defences and give forwards at least a glimmer of hope of seeing a penalty box chance. For god sake - release the shackles and try something different that gives at least a reasonable chance of picking up points. Over and out!
  5. ……biggest problem will be getting the council to agree to using second hand corrugated asbestos for the roof !!