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MSP Sports Capital

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Tom Hughes said:
The owner is an absent landlord who was sold a pup. He thought he could leave the same chairman/board in charge and just supply the cash, build a stadium and leave them to it.

The same chairman who had previously run the club into the ground for well over a decade, selling off almost every property asset in the process and who's failings were papered over by Moyes delivering sides despite him and certainly not because of him. When Kenwright joined our board we were roughly 3rd or 4th in terms of income. By the time he sold to Moshiri we weren't even top 10, didn't own our training ground and had spent less on our stadium than the whole 92, and had had multiple failed stadium moves.

Yes he's been abysmal.... primarily for leaving the same serial failures in charge. His prime role has been to supply the funds.... he has done that continually. The board's job has been to provide direction/strategy and manage that money wisely. How's that gone?
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Don't disagree but all responsibility ultimately lies with Moshiri. If he keeps half-wits in their role despite continual failure it is down to him.
 
catcherintherye said:
Well partially yes, but they will have seen the public accounts, which are very bad, although this year, which is not currently published is much better.

I dont think they will be shocked by that.

What would worry me, is if we are being relegated or not, as ultimately whether the previous board are going to be removed. That may be a hold up.

They will want to run the club in a very different manner to what the previous board have done, have probably seen the corrosive impact our board have, and will want them as far away as possible. That's just my opinion though.
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And I like many thousands will totally agree, I wouldn't keep Bill on full stop.
 
I just don't see how MSP would get near to a position to be able to overhaul the club based on the proposed investment.

They would certainly have influence, but that isn't going to be enough.

I'd hope that things would crystallise into a full takeover, or at least a majority equity stake, on the completion of the stadium. Then, we might see real and meaningful change.

So maybe 12-18 months of some degree of corporate guidance side-by-side with the investment to stabilise the clubs position, and look at other options thereafter.
 

Rob17896 said:
Don't disagree but all responsibility ultimately lies with Moshiri. If he keeps half-wits in their role despite continual failure it is down to him.
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He may have been contractually obliged as part of his original take-over, and/or only been partially interested since, perhaps even only acting as USMs representative for all we know. All that was part of Kenwright's due diligence. However, our failings and decline as a club also long predate Moshiri's involvement. I'm not arguing that he has done a good job at all.... he obviously wanted little or no involvement having only attended a handful of games, but no-one can argue that he(or his backer) hasn't provided funds.
 
brieverton said:
I just don't see how MSP would get near to a position to be able to overhaul the club based on the proposed investment.

They would certainly have influence, but that isn't going to be enough.

I'd hope that things would crystallise into a full takeover, or at least a majority equity stake, on the completion of the stadium. Then, we might see real and meaningful change.

So maybe 12-18 months of some degree of corporate guidance side-by-side with the investment to stabilise the clubs position, and look at other options thereafter.
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This is what worries me, if this MSP deal is all Moshiri is working towards we have a major problem. It sounds like he is strangling us, wont let it go, we need someone to come in with real influence and vision, not just another weak standing opinion in the board room
 
CHEEKY SPORT EXCLUSIVE:
PSX_20230524_105127.webp

IF THESE YANKY DOODLES HAVE GOT THE MONEY THEY CLAIM TO HAVE, GO AND GET A NEW BOARD!
 
Rob17896 said:
Don't disagree but all responsibility ultimately lies with Moshiri. If he keeps half-wits in their role despite continual failure it is down to him.
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Is the correct answer, if you employ someone and they fail that is on you, especially if you refuse to remove them.

This is my worry on this MSP deal, Moshiri will still be the boss, making the major calls, seven awful years of his ownership and decision making, MSP with 25% wont put a stop to that.
 

4737carlin said:
Is the correct answer, if you employ someone and they fail that is on you, especially if you refuse to remove them.

This is my worry on this MSP deal, Moshiri will still be the boss, making the major calls, seven awful years of his ownership and decision making, MSP with 25% wont put a stop to that.
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Not if they have proper board representation/influence, have the gumption and are prepared to speak out if they don't like what they see...... the current board have NEVER spoken out because they have either been fully responsible and/or are entirely complicit. No-one has to be subservient!

The only other issue is whether they have the expertise and funding to not only reverse the current mess but to fully elevate us.... or just package us for the next sale to someone who can by completing the stadium, adding some commercial know-how and financial stability.

We don't just need someone to complete the build, we also need someone to replace the glaring gap in the financial model left by USM departure from the naming rights option. Without that, the ongoing debt could still be crippling.
 
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4737carlin said:
This is what worries me, if this MSP deal is all Moshiri is working towards we have a major problem. It sounds like he is strangling us, wont let it go, we need someone to come in with real influence and vision, not just another weak standing opinion in the board room
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Just to confirm....... You're talking about Moshiri, right?
 
Tom Hughes said:
He may have been contractually obliged as part of his original take-over, and/or only been partially interested since, perhaps even only acting as USMs representative for all we know. All that was part of Kenwright's due diligence. However, our failings and decline as a club also long predate Moshiri's involvement. I'm not arguing that he has done a good job at all.... he obviously wanted little or no involvement having only attended a handful of games, but no-one can argue that he(or his backer) hasn't provided funds.
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Moshiri Is an enigma as an owner because he would pump funds in for the inept already established regime to operate but would also give authority to the manager, with Walsh under qualified dof and then meddle himself or on the behalf of his known slimey agent pal Kia. It was and is shambolic ownership which kenwright definitely used to his advantage as there were multiple groups vying for influence over moshiri's reign and no real operational structure. That's why kenwright chose moshiri as he knew moshiri lacked any football saviness and could continue his parsasistic intentions
 

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