General SMiSA News

SMiSA Statement - Fan Ownership/Gordon Scott

There have been some important developments of late which the committee of the trust are keen to share with members and the wider support.

Over the past few weeks we have been working with former St Mirren director Gordon Scott on plans to make a joint offer for the shares held by the selling consortium.

As part of our research into that we conducted a survey of fans, which had about 600 responses, and we would like to thank everybody who took the time to fill it out.

All in, 96% of fans backed the idea of fan ownership, and 94% backed the principle of a fan on the board, while 60% said they would be willing to make a financial contribution towards a scheme that would bring about either or both.

Those results have encouraged us to go public on plans which – if realised – could ensure St Mirren stays in the hands of the people who care about it most...you.

Members of the consortium have already indicated to the trust that they are happy to listen to what we put forward.

We would stress things are at an early stage and there is a lot of work to be done before we would be in a position to make a formal offer to them.

However we have the basis of a plan which - should an offer be accepted - would bring about meaningful fan representation over the short and medium term, and a transfer to majority fan ownership over the long term.

The model we are looking into is as follows:
- Gordon will put up most of the money, and SMiSA will fundraise the rest. The fundraising campaign will only start if we agree a deal in principle with the consortium;
- if a deal is done, Gordon would become the majority shareholder and chairman of the club;
- SMiSA would substantially increase its shareholding, and receive a place on the board, to be elected by the fans;
- Both parties would have an agreement that would see SMiSA continue to fundraise over several years to raise the cash to buy Gordon’s majority shareholding at some point in the future

The financial details are still to be decided but we envisage a £10-per-month membership scheme being the primary source of long-term ongoing funding, while other short-term income streams would be needed to fund the trust’s contribution to the initial share purchase.

The trust has a five-figure sum of money in the bank as it stands, however we would only commit this towards an offer for the shares if a majority of members were happy for us to do so.

We see the benefits of the proposed model as being as follows:
- the current board deserves a tremendous amount of credit for the job they have done over the years, but they have made it clear they would like to move on. This would allow them to do so while keeping the club in the hands of St Mirren supporters;
- it would see control of St Mirren transfer to Gordon, a lifelong Saints fan with the business background and boardroom experience to take the club forward, while the fans would have a direct representative with influence over its day-to-day running;
- the previous attempt at fan ownership suffered because it had to find all the money at once; this would be different as Gordon’s presence means an ‘Ann Budge model’ where we would have years to raise the funds to buy him out and put a viable fan ownership structure in place;

We are very keen to hear the thoughts of members and the wider support on these plans, and invite your feedback.

Although we believe SMiSA is best placed to be the vehicle through which this process should happen, ultimately it belongs to everybody who cares about St Mirren.

We have already begun the process of engaging with fan groups because we know what we are proposing will only work if the wider support is willing to back it.

As it stands, the SMiSA committee is a small group and we would welcome the input of any fans who feel they have the expertise and skills to help us take it forward.

As we say, things are at a very early stage and there are a lot of hurdles which would need to be cleared before any of this could become reality.

It won’t happen overnight, but we will do our best to keep members and the wider support updated whenever there are developments to be shared.

However, we are excited by the possibilities of what this could mean for our club and hope you are too.

The SMiSA committee
 
 

George Adam MSP New SMiSA Chairman

Paisley’s MSP George Adam has recently been nominated as the new Chairman of SMiSA, The St Mirren Independent Supporters Association.  Born and bred in Paisley, George has been supporting St Mirren for over 40 years.  He takes on this role at an interesting time for the club and SMiSA, with the club up for sale and SMiSA looking to increase supporter involvement at board level. 
 
 
Speaking on the appointment, George said, “I’m delighted to have been nominated as the Chairman of SMiSA.  With awareness and membership of SMiSA growing, it is a great time to be a part of this this fan run supporter trust.  SMiSA has always been their championing the views of the fans, while helping to fund projects like the dome, subsidising the Panda club and even buying new balls for the training ground.  I am proud to be a member of the trust and hope to be able to do my bit in taking SMiSA forward at all levels in my new role.”

Saint for a Day 2015 Match Report

We asked this year's SMiSA 'Saint for a Day' raffle winner Martyn Blair to give us his thoughts on the big game. Which despite a very rainy start to the day the weather did clear for kick off!
 
 
"First of all I would like to thank SMiSA for drawing my name out of the hat for the raffle. 

When I received the message that I won the raffle it was completely unexpected and couldn't wait to take part in Saint for a Day. Being a season ticket holder since a young age it's always been a dream to play on the St.Mirren pitch. 

It was a great experience to on Sunday go into the dressing room and get ready for the game. Then to finally walk out the tunnel was probably the highlight of the day. The game was very tight through out the whole game and even into penalties there was nothing between the teams. I'm just glad that I was able to slot away my penalty. Was great to meet some of the players who turned up at the day and able to talk away to the manager Gary Teale. 

All in all the whole day was something I'll remember my whole life and least I can always say I've played on the pitch and scored a penalty.

Thanks again"
 
Left: SMiSA committee member Barry Mitchell & Martyn Blair.
Right: Manager Gary Teale & Martyn Blair.
 
 

'Saint for a Day' Auction

Bidding has now begun for the club's 'Saint for a Day' game, at St. Mirren Park, this Sunday the 17th at 1pm. All proceeds from the auction will go directly to the Youth Academy which will need your support more than ever as we enter the Championship next season.
 
SMiSA will also be raffling a place at the game. To enter please email your name and phone number to [email protected] and we'll pick a winner this Friday night.
 
For more details on the game and auction please see the following page on the club website. Remember the game is open to over 18s only.
 
 
 
 

SMiSA AGM Notes

SMiSA held its AGM for 2015 last weekend after a year of progress for the trust.

A healthy turnout of around 50 members gathered in the hospitality suite at St Mirren Park to hear about the ups and downs of the past 12 months, and to consider how the turst can continue to support the club in future.

Secretary John White chaired the meeting and opened with a vote where the trust’s accounts for 2014 were approved and John Blair was retained as independent auditor.

The meeting then considered progress against targets set at the start of 2014 in terms of membership and share ownership.

Membership was given as 175, falling short of what John admitted was a very ambitious target of 350, but still representing a big increase on the Jan 2014 total of 65.

The trust now owns 6,042 shares in the club (around 3% of the total), having made a number of purchases from individual shareholders in the past year and thus exceeding the target of 6,000.
 

Negative outcomes

Next up was a look at some of the negative outcomes and areas for improvement in the past 12 months.

Top of the list was a shares bid proposal – the trust had in early 2014 produced a paper looking into a buyout of the consortium’s 52% shareholding.

The committee at the time met with various people to gauge support and said Stewart Gilmour was very much open to discussion.

But it was felt that individuals with the willingness and capability to provide the levels of finance required weren’t there.

The committee also felt the project would have been a full-time job for several people and the resource just wasn’t there to make it happen.

John explained his reason for going public on this now was he was aware the club’s ownership remains a hot topic and he wanted the membership to be aware a trust-led buyout had been looked into, but wasn’t feasible at this stage.

Other negatives covered included the loss of a couple of long-serving members from the committee in Alastair Colqhoun and Dave Tennant, and the limited number of trust events.
 

Positive outcomes

But in terms of positive outcomes, there were a few points to be covered. Top of the list was the SMiSA Panda Club which the trust had subsidised for the season to the tune of £2,500.

That had allowed the club to cut the price for the Panda club – which provides football coaching and match entry to young fans aged five to 12 – from £5 to £2.

Committee member Tony Dorris explained the Panda club was now averaging around 60 kids a game compared to 40 before, and was bringing in kids in who hadn’t been St Mirren fans before.

John also touched on the loan of £50,000 from the trust for the Airdome behind the away stand, which had allowed the club to increase its community activity and the status of its youth academy.

Other positive developments included an increased number of committee members, and regular meetings between members of the trust committee and Brian Caldwell at the club.
 

Objectives

John then invited a wider discussion on what the trust’s objectives should be for the next year.

It was suggested that the drive to increase the membership further could be aided by asking the club to include an option to the join the trust on season ticket renewal forms.

This led to a wider discussion about the general direction of the club under the current board, during which some strong views were expressed. It was felt the club was being allowed to drift towards relegation and some members suggested the board appeared to be doing little about it.

Fan ownership was mentioned again, allowing new committee member and local MSP George Adam to update the meeting on the Community Empowerment Bill currently going through the Scottish Parliament, which contains an amendment whereby supporters’ trusts get first option to buy their club should they go up for sale.


Election of committee

John explained that some of the present committee were due for re-election and that some of the new members who had been co-opted on in recent months required to be formally elected.

The following were voted in – Jim Cumming, Tony Dorris, Jim Crawford, Colin Orr, Barry Mitchell and Peter Black.

John White, Willie Bell, David Nicol and George Adam were also co-opted, giving a ten-man membership to the new committee.

John closed the AGM by thanking everyone for attending and saying: “Everybody should be proud of what we have achieved as in 2014 as we have come a long way. We were off track for a few years but now we are very much back on track.”

SMiSA AGM this Saturday

Calling all SMISA members and Saints fans! This Saturday (4 April) is the trust's AGM, and it is crucial we get a good turnout from members on the day as a number of important bits of business will be discussed. The AGM will be in the hospitality suite at St Mirren Park from 11am and non-members are also welcome to attend.
 
The Supporters Trust takes on more importance in difficult times and there is no question that is where the club is just now. As it stands there are giant question marks hanging over the future ownership and direction of our club. Whether we continue under the current board or find ourselves sold to new owners, the fans need a strong voice to represent them.
 
SMISA has built some real momentum of late and we are optimistic of increasing our influence in the near future. We have more than doubled our membership in the past six months and increased our shareholding in the club - and expect to continue growing in numbers and strength in the year ahead.
 
At the AGM we will be formally electing the trust's committee - over the past year the long-serving core has been joined by a number of new committee members, and all involved will be up for formal election on Saturday. So this is your chance to help choose and meet the people who will be running the trust (and it is your trust) and put any questions you may have to them.
 
We will be looking back at our activities in the past year in terms of membership and share purchases, as well as sponsorship and fundraising for youth development. We will also be looking ahead and inviting members to help us shape our priorities for future activity.
 
We expect the AGM will last around an hour or so, so please come on down. We would have liked to have held the AGM on the same day as a home game but sadly this wasn't possible due to fixture scheduling.

The Court Bar Join SMiSA

Thank you to Alan Rew , owner of the Court Bar St James Street Paisley who have are the latest local business to join SMISA.  Please drop in and say hello to Alan and his staff whenever you are passing and support this local business.   Alan is a long-standing St Mirren fan who follows  the team home and away. 
 

Alan Rew

SMiSA Increase Shareholding in Club

When SMISA, The St.Mirren Supporters Trust was set up, one of its main objectives was to establish a shareholding in St. Mirren F.C Ltd to create a valid voice for the fans in the running of the club. For the purpose of purchasing shares members subscribed £10 per month.

Trusts have been particularly effective at other clubs which have embraced the involvement of fans in the board room. Dundee United for example have a full director and an associate director who have been appointed through the Arab Trust.

Regrettably, this is not the case at Saints and while in its early years SMISA was able to purchase 3877 shares from the club funded by its members subscriptions, in recent years, the club have refused numerous requests from SMISA to buy more shares. As a result SMISA had to stop accepting funds from its members for share purchase and subscriptions were reduced to £2 per month. By that time, SMISA had accumulated £50K in cash and the SMISA Board decided to use its cash to purchase shares from private shareholders. This was done with extreme reluctance as obviously the money would go to individuals rather than the club.

The first wave of share purchases has been successfully completed and SMISA now owns in excess of 5000 shares. Wave 2 is now under way and the SMISA Board is very optimistic that a further substantial increase in our shareholding will be achieved soon.

If you are a shareholder interested in selling your shares, please contact us. The constitution of the trust does not allow SMISA to sell shares so you can be assured that your shares will be held in perpetuity by a trust of Saints fans with a democratically elected board.

Meantime with the current long running uncertainty over the future ownership of our club, it has never been more important to have a strong representative trust. Our ranks are growing but please don't leave it to others. Join us now and add your opinions and your voice as a Saints Fan.