SMISA has continued its sponsorship of the Panda Club for another season

The Edinburgh City game saw some of the SMISA committee present a cheque to the club for £2,500 as part of our ongoing commitment to the club.

The Panda Club is open to boys and girls aged between five and 12 and membership is free. Kids can go along to home games, get one hour of football coaching in the Airdome and a ticket for the match.

We are delighted to help support the next generation of Saints fans and look forward to helping the club with more of this type of community work in the future.

More info on how to join the Panda Club is on the Official Website.

Saturday, August 6, 2016 from 5:00 PM - 8:30 PM
 

St Mirren fans just became part-owners of their club - and we're having a party! The SMISA team is marking last week's takeover by hosting a fan party at the University of the West of Scotland after the Morton game on Saturday 6 August.

We are hoping new club chairman Gordon Scott, chief executive Tony Fitzpatrick and team boss Alex Rae will all be there on the day to welcome fans to the event. There will be a bottle bar, and hot food for sale, while Saints fan and DJ Billy Gray will be providing the tunes until the event closes.

The event will be in the cafe at the library in the Paisley Campus of the University of the West of Scotland. Enter via the pedestrianised section of Storie Street, beside the student flats. Entry is FREE but be aware capacity is limited to 250 so it is essential anybody who wishes to come along register here to get their ticket - please bring your ticket on the night either as a print-out or on your phone.

You don't need to be a SMISA member to attend - the event is open to all Saints fans. Due to the venue's license, the event is open to over 18s only. Doors will open at 5pm with the event to start around 5.30pm. We hope to see as many of you as possible there, hopefully after another Renfrewshire derby win! If you need more info, drop us a line at [email protected]

Congratulations, you just #BoughtTheBuds

We are delighted to announce that the legal formalities around SMISA’s joint offer for a majority shareholding in the club with Gordon Scott were concluded earlier today, meaning the trust is now the proud part-owner of St Mirren FC.

This means 21 July 2016 can go down as a landmark moment in St Mirren’s long and proud history – today saw the right to decide what happens with our club pass into the hands of the people who care about it most...you.

For those of us on the committee, the past year has involved an incredible amount of work and we are both proud and delighted to have finally seen the deal over the line.

Again, we want to thank the 1,300 of you who signed up to #BuyTheBuds, as without that show of support we would not have been able to make history today.

We appreciate there will be few questions about what will happen next, and hopefully these will be answered below...

With the deal completed, Gordon now owns a 50.1% stake in the club, while SMISA own 28%. Crucially, SMISA now has the option to buy the shares Gordon buys now at the price he pays now within the next ten years, and thus achieve majority fan ownership of the club.

Five of the six members of the current board will now step down and we want to pay tribute to them for all they have done for the club over the years, as they can be justifiably proud of their legacy.

Four new directors will be appointed and the new board will include Gordon (as the new chairman), club chief exec Tony Fitzpatrick, and financial advisor Alan Wardrop, while current club director and company secretary Chris Stewart will stay in place.

Gordon has also asked SMISA board member David Nicol to join him as the temporary trust representative on the St Mirren board for the next few months.

The SMISA committee will use that time to finalise a procedure for members to elect one of their own to serve as their voice in the St Mirren boardroom.

At the same time, we have already started work on a procedure through which our members can vote to choose how the £2 portion of their monthly membership will be spent on the club. Once we have firmed up arrangements for both of these issues, we will put the details before members.

We are also working on plans for a fan party to take place in a town centre venue after the Morton game on Saturday 6 August to help usher in the new era, with details of that to be announced soon.

Once again, thank you all for your support and we look forward to writing the next chapter in the history of our club together.

SMiSA Committee

Dear members,

This post is to give you a brief update on the latest status of #BuyTheBuds, SMISA’s joint bid with Gordon Scott for the majority shareholding of the club.

In our last update two weeks ago we said we would be taking the first set of your payments in the first week of July, and we hoped to complete the legal formalities needed to conclude the deal by the start of the season.

While we haven’t quite managed to get that over the line in time for Saturday’s game against Livingston, the good news is we expect to do so in the next week or so.

Obviously a deal of this complexity has required a fair bit of legal input and we are sure you appreciate the importance of all parties taking the time needed to get things right.

The first set of member payments are safely in the bank and will allow us to make the first of our monthly repayments to the consortium.

Should everything go to plan, by the time the league season kicks off with the Renfrewshire derby on 6 August, Gordon will have assembled a new board for the start of a new era for our club.

As it stands member numbers are sitting at around 1,300 but we would remind you there is no upper limit and we don’t want it to stop there – if you meet other fans at the games who haven’t yet signed up to have a say in how their club is run they can still do so at smisa.net now.

In the meantime, the SMISA committee has been busy behind the scenes working on a new set of processes and structures for how the trust will organise its affairs and involve our vastly-increased membership in trust decisions.

Should the deal be completed as planned, we hope to be able to put details of that work to you in the near future, once it is fully developed.

We are also looking forward to getting back to watching some football again, and hopefully we’ll see as many of you as possible at Livingston tomorrow.

Things are looking good for the club on and off the park right now and under the new regime we will have the power to keep that going.

‘Mon the Saints
The SMISA committee

Last season SMiSA sponsored four youth players kits and at the end of the season we were given each of their jerseys, we then picked four members names out the hat to receive these jerseys.

This years winners were Gareth Toop, Eric Balfour, Ian McLaren (pictured) and Barry Johnston.

This is something the Trust has been doing for a number of years now as it provides income for St.Mirren and at the same time gives the members of The Trust an opportunity to gain something in return. 

The club's commercial department are currently taking orders for next seasons sponsored kits.

http://www.saintmirren.net/pages/?p=55942

SMISA took another small step towards fan ownership for St Mirren earlier today when ourselves and Gordon Scott deposited a £100,000 deposit with lawyers - who will now secure a one-month exclusivity period as sole bidders for the majority shareholding in the club held by the selling consortium. That gives time for due diligence and for us to complete the legal formalities, and - while the deal is not yet done - we are still on track for Gordon to have a new board in place for the start of the new season and the start of a new era for the club. SMISA chair George Adam is pictured outside TSB in Paisley High Street after arranging for SMISA's £20,000 share of the deposit to be transferred.

Congratulations St Mirren fans, you did it – your club can now be yours. Today is a landmark day in the history of our club – the people who care about it most now have the chance to help shape its future, and make sure St Mirren stays where it belongs – at the heart of the Paisley and Renfrewshire community.

With 1,000+ members, SMISA has now met our own target to finalise our joint offer for the majority shareholding in the club with Gordon Scott, and – subject to due diligence – the sale should be concluded in the next few weeks. If all goes to plan, the new season will see Gordon put a new board in place and kick off a new era for our club.

The team behind plans to make St Mirren the latest fan-owned club in Scottish football are urging Buddies not to miss out on the chance to make history as the deadline for sign-ups closes in.

The St Mirren Independent Supporters Association (SMISA) has teamed up with former club director Gordon Scott on a joint offer accepted by the consortium selling a majority shareholding in the club.

But the #BuyTheBuds campaign will only go ahead if 1,000 fans sign up to pay £12 per month – with another 150 sign-ups needed before Sunday’s fundraising deadline falls.

If it goes through, Gordon would become chairman this summer under a similar model to Ann Budge and the Foundation of Hearts – with SMISA getting a fan on the board and the exclusive option to buy Gordon’s shares and achieve majority fan ownership within the next ten years.

Gordon and SMISA chairman George Adam both met the media at the Paisley 2021 Stadium to help lead the final push for sign-ups.

Both will also be out tonight during the last in a series of public meetings allowing fans to pose their questions directly to the team behind the deal.

And construction boss Gordon – who masterminded the building of the stadium during his previous stint on the board – said: “We have had a phenomenal reaction from fans in the two months of fundraising – and we want to thank all those who have signed up for their support.

“I would be honoured to become the chairman of the club I have supported all my life. If the deal goes through I will look to bring on to the board people who have what it takes to help me move the club forward and take it back into the top league where it belongs.

“I plan to do that by working with the community and local businesses to make the most of the great facilities and location we have here – and working with SMISA to give the fans a greater influence on what happens with St Mirren than they have ever had before.”

SMISA chair George Adam added: “We have been working away behind the scenes on this deal for more than a year now – and it all comes down to what happens in the next few days.

“This week could be a momentous one in the history of the club – but the opportunity St Mirren fans have in their hands over the next few days is one they might not ever have again.

“If we take it, we control the future of our club and can safeguard it and everything it means to the Renfrewshire community forever.”

For more information and to sign up, visit smisa.net