Jump to content

Gmbh-statement


Grant

Recommended Posts

 A few things to consider as Pars fans:

1. The board have to make the exit of GmbH as smooth as possible, or they could effectively ruin us. So, work with them.

2. David Cook may have been working under a restrictive regime and just maybe we haven't seen anywhere near the best of him. Of course that could be well wide of the mark. He appears to have sided (if that's the right terminology) with the other board members, we should surely get behind them.

3. Right now I think our board could seek support and advice from Ross McArthur. It's got to be conciliatory and Ross knows how to handle that.

 

  • Like 1
  • Upvote 10
Link to comment
Share on other sites

It might be helpful if I explained the Companies House entry above.

It does not mean that GmbH OWNS between 25 and 50% of PUEEP LTD, the stadium owning company. 

There always has been [since its creation in 2013) a special share in PUEEP which has one attribute and one attribute only. It has 25.1%of the votes in PUEEP. That is  why the Companies House entry refers to voting rights. That share was created to safeguard the interests of the Club (as opposed to the PUEEP shareholders) quite deliberately. It prevents any alteration to the Articles of PUEEP. Originally the special share was held by PUCIC who controlled the Club but didn't own the stadium. When control of the Club was taken over by GmbH, that share was transferred to GmbH. No doubt they will transfer that special share to anyone who buys their controlling stake in the Club.  

Hope that helps

  • Upvote 7
Link to comment
Share on other sites

I was curious so I had a look at St.Pauli's website to see how many goalkeepers they have.

Between St.Pauli and St.Pauli II (the reserve team) they have EIGHT goalkeepers and we are supposed to be satisfied with one. If GmbH had been allowed to invest in St.Pauli they would have been run out Hamburg if they tried their pish.

  • Upvote 2
Link to comment
Share on other sites

4 hours ago, Piracy said:

 A few things to consider as Pars fans:

1. The board have to make the exit of GmbH as smooth as possible, or they could effectively ruin us. So, work with them.

2. David Cook may have been working under a restrictive regime and just maybe we haven't seen anywhere near the best of him. Of course that could be well wide of the mark. He appears to have sided (if that's the right terminology) with the other board members, we should surely get behind them.

3. Right now I think our board could seek support and advice from Ross McArthur. It's got to be conciliatory and Ross knows how to handle that.

 

100% this.

I think of it as the breakdown of a marriage, where for whatever reason one or both parties no longer wish to live together. Both parties are feeling hurt, but they still share a responsibility for their child (DAFC) and want the best for it.

It's in everybody's interests, but particularly the interests of DAFC, that the divorce is as amicable as possible, with no name-calling or casting up indiscretions or behaviours. 

FWIW, I don't believe the GmbH people are baddies at all, contrary to some of the stuff I've read online. I think they genuinely wanted their project to work, and they will be very disappointed that it hasn't. We now all need to look to the future and get the best possible outcome for DAFC.

  • Like 1
  • Upvote 8
Link to comment
Share on other sites

Quote

‘I’m taking my ball and going home.” If you’re reading this, chances are that in your formative years you heard the above exclaimed many times by a friend or acquaintance as you kicked a football around a patch of grass.

It was always an announcement laden with subtext. If it was actually time for the child who owned it to return to his or her home, they wouldn’t say it like that. They’d say something much more casual, much less demonstrative.

No, what it meant was this: “you’ve p****d me off to the extent that I’ve had enough.” It was typically a childish reaction to having suffered a perceived slight. Or they just couldn’t take getting beat.

This huffy response is exactly what came to mind this past Thursday after Dunfermline Athletic released a lengthy statement on the club’s website. Across roughly 1,500 words, the German owners Fussball GmbH made it clear they’d suffered enough during their Fife adventure and were going to sell up, and there was only one group of folk to blame for this decision: the fans.

“... We have felt for a while now, probably since the middle of last season, that long term planning and putting in place the building blocks for future success is not what many are looking for. Many seem to prefer an investor who has deep pockets to throw at the first team... The speed with which last year’s heroes become this year’s discards , last year’s cleverness becomes this year’s inability is difficult for us to understand and, for us, makes our strategy of longer-term planning and building nearly impossible,” read the statement.

 At first glance it appeared to be the latest example of investors buying into football and ultimately making the shocking discovery that it doesn’t work like any other business. But from digging a bit deeper it’s clear to see they’re just scrambling around, trying to blame anyone else but themselves for their own shortcomings and Dunfermline’s recent struggles. In the end, they’ve decided the best route before selling up is to try to gaslight anyone who has dared to question them. 

They only used roughly about half of the 1,500 words to essentially call their paying customers impatient idiots, so there was quite a bit else covered and a lot of it doesn’t quite accurately reflect reality.

Fussball GmbH bought their stake in the Pars back in August 2020 as they decided to press ahead with their plans despite the ongoing football lockout due to the Covid-19 pandemic, something which they believe they deserve tremendous credit for after opening up the statement by going on about it.

They then boast about how they’ve invested in the club with a training facility in Rosyth and a club academy set up since they took charge. Both of these things are accurate. There is a new training base and a club-owned academy is up and running. But the facility, at this moment in time, is little more than one pitch and a couple of portakabins, and they were able to acquire the land with help from the local council and the SFA.

As for the academy, its mention leads to perhaps the strangest part of the statement: “The Academy is now up and running and players in the first team squad have come up through the ranks... Everyone in the DAFC community was delighted to see these local and loyal players making it to the top. Songs were sung and chants adapted to appreciate their achievements.”

Not only is that strange language to use for official club business, it isn’t even true. Songs have been sung about local heroes over the past couple of seasons, but they didn’t come through the academy.

Before signing off, the board reveal that extra funds have been made available to sign more players as the squad, as constructed, isn’t strong enough. So, let’s just clarify this here: the nasty, impatient fans who care about nothing but signing new players and can’t recognise the importance of long-term infrastructure were... right? This is a year in which the Scottish Championship is wide open.

There’s no Hearts, no Dundee clubs. There isn’t even Roy McGregor’s deep pockets at Ross County to contend with. Dunfermline should be contending near the top. In fact, they should always be competitive towards the top end of that division. Hell, with the size of club they are, with the support they have (who’ve continued to back them through a pretty rough 20-year period) they should be a Scottish Premiership side. Instead, at the present time, they look more likely to head back down to League One.

There isn’t enough room left on this page to properly go through all of the other things wrong with the stewardship at this moment in time, but it feels particularly pertinent to add the following: they haven’t moved on from the team which won League One and seem to be flabbergasted at how players and management who worked so well at a lower level can’t continue to do the same at a higher one; the squad is so patchwork that they haven’t had an experienced substitute goalkeeper this entire season, and, to top it all off, they’re somehow both not bringing in players and hemorrhaging money. They posted a £1m loss earlier this year – something which, of course, wasn’t mentioned in the statement amid all the back-patting.

The ironic thing is that a lengthy announcement from Fussball GmbH is exactly what’s been missing for supporters during their reign. They don’t communicate anywhere near enough with the fans and that’s led to a lot of the impatience. Those who are the lifeblood of the club have been consistently left in the dark.

The future is now uncertain. The hope is that Fussball GmbH make good on their insistence that there are no “sour grapes” and sell Dunfermline to someone who a) has the club in their heart, and/or b) knows how to run it better. This is a sleeping giant, if you can describe a lower-league Scottish club in such terms. If they’re run properly they will return to the top.

Agree with most of his points although he comes across a bit too belligerent in tone IMO - phrases like "a lot of it doesn’t quite accurately reflect reality"  or "they’re just scrambling around, trying to blame anyone else but themselves" sound like snarky comments lifted from a fan messageboard, not something written by a professional journalist.

  • Upvote 2
Link to comment
Share on other sites

I think that their plan may have worked at a smaller club than us, such as Brechin City, Cowdenbeath, Albion Rovers, Berwick Rangers etc.

We are simply too big a club for the first team to be ignored, the aforementioned clubs have all been struggling in recent years and a lack of investment in the first team would have probably gone unnoticed.

In relative terms St.Pauli have a similar stature in Germany as The Pars do in Scotland and they have just returned to the Bundesliga after a 13 year absence, but they have a 28 man first team squad...

  • Upvote 1
Link to comment
Share on other sites

2 hours ago, SanguinePar said:

Agree with most of his points although he comes across a bit too belligerent in tone IMO - phrases like "a lot of it doesn’t quite accurately reflect reality"  or "they’re just scrambling around, trying to blame anyone else but themselves" sound like snarky comments lifted from a fan messageboard, not something written by a professional journalist.

Written by Craig Fowler, so entirely in keeping with the way he normally comments on stuff. 

  • Upvote 1
Link to comment
Share on other sites

New update from the club. Guessing its done by the local Guys David, Drew and the others. Not saying very much but a welcome statement and well done IMO.

It's a shame the funds weren't released to start with and we had a bit more communication, we wouldn't be where we are now and  us evil fans wouldn't have had to hound them out...

https://dafc.co.uk/club-update-24-08-2024/

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...