So where do we go from here.

[da_no_1]

32 minutes ago, DougieDave said:

Its a worrying time - I thought I was feeling bad about things until 10 mins ago when I stupidly drifted onto daft.net to see the mood there only to see a post attacking the disabled supporters club in a very subtle fashion - I didn’t think we’d sunk so low 😢

Disgusting 

[Al k]

Hardly a surprise given the other stuff thats been posted in the past on that place. 

Poor show.

[DougieDave]

I’m honestly gutted 😢😢😢

[Piracy]

10 minutes ago, DougieDave said:

I’m honestly gutted 😢😢😢

Don't let any idiot detract from the work you all do.

Absolutely worthwhile stuff.

[Yorkie]

Sorry , am I missing something? How does someone asking a question about membership numbers equate to an attack?

[Boston Red Sox]

So where do we go from here, this is gutting me?

Edited July 27 by Boston Red Sox

[Deutsch Par]

30 minutes ago, DougieDave said:

I’m honestly gutted 😢😢😢

Try not to pay it any heed.  Everything that the DADSC does is extremely worthwhile and the opinion of some walloper on a discredited website is worth absolutely hee-haw.

[DA-go Par Adonis]

One should always be reticent to equate someone's online persona with their actual character.  With that caveat however, it would appear that there are are a few truly horrific people on the alternative forum.

[Piracy]

1 hour ago, Yorkie said:

Sorry , am I missing something? How does someone asking a question about membership numbers equate to an attack?

Why ask how many members, it's utterly irrelevant. 

[Fifes Elite]

Seems a bit unnecessary tbh

Anyway, I think my next game will be the powerkeg of the Falkirk game. It seems like we are already in crisis situation on the park so I might just drive through from Glasgow rather than public transporting it and having a few beers. I think it could be toxic if things go badly as expected.

Allot of questions have been asked to the ceo/owners allot by @Piracy at times(and others) and credit to him/them for it. I don"t think we have really been reassured enough, or at least answers that give us confidence. In simple terms the clubs job is to manage the finances accordingly and balancing the book while putting out a team competitive on the park for the size/resources it has. It doesn't seem like we are doing either. Selfishly I dont really want dragged into it all if I am honest and staying away from the toun helps with that. Its sad though if all the work done by fundraisers, volunteers,board members goes down the pan from administration onwards. Sad times

 

Edited July 27 by Fifes Elite

[Piracy]

9 minutes ago, Fifes Elite said:

Seems a bit unnecessary tbh

Anyway, I think my next game will be the powerkeg of the Falkirk game. It seems like we are already in crisis situation on the park so I might just drive through from Glasgow rather than public transporting it and having a few beers. I think it could be toxic if things go badly as expected.

Allot of questions have been asked to the ceo/owners allot by @Piracy at times(and others) and credit to him/them for it. I don"t think we have really been reassured enough, or at least answers that give us confidence. In simple terms the clubs job is to manage the finances accordingly and balancing the book while putting out a team competitive on the park for the size/resources it has. It doesn't seem like we are doing either. Selfishly I dont really want dragged into it all if I am honest and staying away from the toun helps with that. Its sad though if all the work done by fundraisers, volunteers,board members goes down the pan from administration onwards. Sad times

 

I knew asking the questions wouldn't really reveal anything in great detail. Clubs going to go where they take it, f*ck it up and it's on them. I've said they'll be judged on results and that's coming to their door now and I hope they own the situation and fix it. I'd like nothing better.

[Fifes Elite]

Just now, Piracy said:

I knew asking the questions wouldn't really reveal anything in great detail. Clubs going to go where they take it, f*ck it up and it's on them. I've said they'll be judged on results and that's coming to their door now and I hope they own the situation and fix it. I'd like nothing better.

Asking questions and not really getting answers tells its own story though. Did we ever get an assurance that someone will cover these 1m losses?

[Piracy]

7 minutes ago, Fifes Elite said:

Asking questions and not really getting answers tells its own story though. Did we ever get an assurance that someone will cover these 1m losses?

Yeah, sort of bit nothing specific from what I remember.

[parsforlife]

12 minutes ago, Piracy said:

 Clubs going to go where they take it, f*ck it up and it's on them. 

This is one of the things I despise, do we have a voice? I don't think we really do, feels like it's a bit a waste of time fighting this and I question if it would be better to keep our energy for when we need to pick the pieces up once everything falls apart and those responsible clear off.

11 minutes ago, Fifes Elite said:

Asking questions and not really getting answers tells its own story though. Did we ever get an assurance that someone will cover these 1m losses?

Dafc fussball covered the last published loss, we'll need to wait and see what last seasons results were and where that money was found, we here wishy washy pish about ongoing commitment but it's far from clear what level that will be done at.

[Piracy]

Just a reminder of the clubs reply to my questions earlier this year.

1. Exactly how has the club managed to make a trading loss of £1m + last season? 

The trading loss of around £1M can be broken down in a number of ways; relegation was expensive particularly in relation to prize money – approx. £120k for winning the league as opposed to around 3 times that amount for finishing mid table in the Championship. The club budgeted to finish 2nd (probably as much not to tempt fate by assuming we’d win the league!) so although we got slightly more prize money we lost out on about £100k from play-off matches and had to pay out more in way of success bonuses to the playing and coaching staff. As everyone knows we now pay for the services of a CEO and Commercial Manager, roles previously carried out on a voluntary basis but deemed an important step by GmbH to further professionalise the club. We now have our own fully funded academy rather than contributing to FEFA – this equates to a cost of around 6 times more than we’d previously have spent in this area but another decision by GmbH as they see this as past of the long term strategy which I fully support. Finally, the cost of deciding to progress with the Rosyth project even following relegation, which meant a £96k bill to improve drainage even before we could start to install the artificial pitch.

2. It is now known that the club is only funding the current development at Rosyth because of £700k grant funding and an additional loan from Fussball for £300k, I’m assuming that is because the existing cash reserves of DAFC cannot adequately cover this? 

Your figures on the Rosyth funding aren’t quite right. The cost of installing the artificial pitch came in at £825k (up from the initial quote of £600k due to delays in obtaining planning permission primarily due to Scottish Water concerns and subsequent post Covid price hikes and inflation). £525k was received by way of grant funding with £300k coming from additional GmbH investment meaning that DAFC cash reserves are spent on DAFC.

3. Why Fussball are not converting their loans to shares to demonstrate they are fully committed to DAFC?

As you rightly point out, GmbH have yet to convert their loan note to shares. This is because they are still keen for the supporters to feel a part of the project. They could easily convert the loan notes tomorrow and not be answerable to anyone as the majority shareholder but that’s not the way they want to run the club. To me that demonstrates remarkable commitment to DAFC – they’ve given us all of the money for the shares whilst choosing to continue to operate with the status quo and with only 2 Directors on the Board.

4. It is now known that another hefty loss will be made this season (three large losses in consecutive seasons). How can the supporters have faith in the club’s current business model, with the cash reserves being depleted year after year?

I think your point about consecutive hefty losses was addressed and I can see you covered that off on your online post as well so nothing for me to add there.

 5. It’d be good for the supporters to understand, what is Fussball’s detailed and coherent business plan for the future?

It was pointed out last night that football must be the most difficult of businesses to produce a coherent business plan for as it can be extremely difficult to predict outcomes on the pitch which ultimately affect all parts of the business. All I can add is that the club are well aware of the need to be sustainable in the long term. The longer it takes to get back to the Premiership the more difficult that becomes. This also means not necessarily being reliant on lucrative cup draws, player sales and Covid grants as has been the case in multiple recent seasons. Numerous initiatives are being explored to increase revenue/reduce costs. Importantly, GmbH are fully aware and committed to the long term sustainability plan and are also aware of their funding obligations to achieve that. I can assure you that, under no circumstances would I continue to be involved and emotionally invested in the way that I am if I thought for one second that this was not the case.