Red Ram Posted June 13, 2017 Share Posted June 13, 2017 Spotted club have announced Dave Cormack has joined the Board after making a "substantial" investment in shares. Has a few quid kicking about after selling his software business Link to comment
dave_min Posted June 13, 2017 Share Posted June 13, 2017 I love you DaveThat feeling isn't mutual 1 Link to comment
BWG Posted June 13, 2017 Share Posted June 13, 2017 Says he's hoping to trial some stuff that MLS clubs use to increase attendances and better engage with the fans. Think everyone can agree that the club have traditionally made an absolute cunt of keeping the fans onside. Also says that he can potentially get some American cash into the club. A tech savvy marketing guy with a bit of cash is exactly what the club need right now IMO. Ken other than a manager and half a team. 1 Link to comment
spamspamspam Posted June 13, 2017 Share Posted June 13, 2017 How does that work for the club though, the substantial investment in shares? Doesnt that cash just go to whoever he bought the shares from or has Milne and co agreed to devalue their shares further to create new ones? Hopefully he can bring some new ideas in and if he can get some of his tech mates on board then its all gravy. Link to comment
RAZOR Posted June 13, 2017 Share Posted June 13, 2017 It's nae that loopy Canadian with the thick sons that post on here is it? 2 2 Link to comment
Site Sponsor Dom Sullivan Posted June 13, 2017 Site Sponsor Share Posted June 13, 2017 Garthdee Loon - bound to be sound as a pound 1 Link to comment
dervish Posted June 13, 2017 Share Posted June 13, 2017 Good news basically though he hates a TLA*. Brings fabulous teeth. I'm feeling pretty pumped about this. (*Three Letter Acronym) Link to comment
spamspamspam Posted June 13, 2017 Share Posted June 13, 2017 It's nae that loopy Canadian with the thick sons that post on here is it? Na, the Canadian has mair money than Cormack. He thinks Cormack is a degenerate no mark minker that got lucky. Link to comment
Henry Posted June 13, 2017 Share Posted June 13, 2017 It's nae that loopy Canadian with the thick sons that post on here is it? An email to the club asking Dave's tax bill last year should clear that one up. 1 1 Link to comment
Gover Posted June 13, 2017 Share Posted June 13, 2017 Exciting stuff and better news than any signing we will make all summer. Link to comment
Guest milne_afc Posted June 13, 2017 Share Posted June 13, 2017 Exciting stuff and better news than any signing we will make all summer.LOL. I'd rather have a central defender tbh. Link to comment
BWG Posted June 13, 2017 Share Posted June 13, 2017 LOL. I'd rather have a central defender tbh. Maybe Cormack is a player/director Link to comment
the_shrimp Posted June 13, 2017 Share Posted June 13, 2017 This lad going to buy us training facilities? New Stadium? Is he any good at taking corners? Link to comment
reekie_dock Posted June 13, 2017 Share Posted June 13, 2017 Boofon will be happy then he's gan to get the face painting before games started. Link to comment
Lencarl Posted June 13, 2017 Share Posted June 13, 2017 A tweet from Chris Harvey Aberdeen board are meeting this afternoon. Following the interview I've just done with Dave Cormack, I'd guess they are preparing for change. This could be the news we are all dreading. Link to comment
redstrummer Posted June 13, 2017 Share Posted June 13, 2017 Great news for the club , his business acumen and ££££ are much needed . Now for Derek and Jonny to confirm they are staying and a couple of new signings to end of the week nicely Link to comment
ebbe Posted June 13, 2017 Share Posted June 13, 2017 A tweet from Chris Harvey Aberdeen board are meeting this afternoon. Following the interview I've just done with Dave Cormack, I'd guess they are preparing for change. This could be the news we are all dreading. Aye, I haven't slept for weeks. When will it end Leonard?! 1 Link to comment
Lencarl Posted June 13, 2017 Share Posted June 13, 2017 Aye, I haven't slept for weeks. When will it end Leonard?!Friday...You will catch up on your ZZZZZZZZZ's then. Link to comment
Guest Posted June 13, 2017 Share Posted June 13, 2017 I'd have thought a chap like Cornack would want to know that the manager is in place first before investing at present . Did you write that post in all seriousness or is that a wind up? Link to comment
1903Fitba Posted June 13, 2017 Share Posted June 13, 2017 Good news. Hopefully some money will be invested now, training ground and youth set up ideally. Link to comment
V for Vendetta Posted June 13, 2017 Share Posted June 13, 2017 As Spam says, we don't know if the money have gone into the club or just into the pockets of an existing shareholder - will be interesting to see. As for the club preparing for change - I'm sceptical anything that dramatic is about to happen, can't quite see Cormack just rocking up and chucking the sort of money we'd need to make huge and rapid changes to the club. I'd expect any investment to be more steady and modest than that - much as others have done before. Maybe he can bring in a few million to push the training facilities forward more urgently and change the planning approach to decouple the training facilities from the stadium - that would be a nice shot in the arm. Doesn't help to have another wealthy shareholder involved at the club though - with Milne, Cormack and a few others involved the dream would maybe only need to pull 1 more seriously wealthy individual in and have them all investing and working together to really build the club up with a long term plan. I'm sure these wealthy chaps would be much happier putting a few million into the club if they feel there are others sharing the burden and that together the sum they can invest can make a really significant difference. Link to comment
boboisared Posted June 13, 2017 Share Posted June 13, 2017 As Spam says, we don't know if the money have gone into the club or just into the pockets of an existing shareholder - will be interesting to see. As for the club preparing for change - I'm sceptical anything that dramatic is about to happen, can't quite see Cormack just rocking up and chucking the sort of money we'd need to make huge and rapid changes to the club. I'd expect any investment to be more steady and modest than that - much as others have done before. Maybe he can bring in a few million to push the training facilities forward more urgently and change the planning approach to decouple the training facilities from the stadium - that would be a nice shot in the arm. Doesn't help to have another wealthy shareholder involved at the club though - with Milne, Cormack and a few others involved the dream would maybe only need to pull 1 more seriously wealthy individual in and have them all investing and working together to really build the club up with a long term plan. I'm sure these wealthy chaps would be much happier putting a few million into the club if they feel there are others sharing the burden and that together the sum they can invest can make a really significant difference.Aye, if he had intentions of turning up and throwing money at the club then you'd think he would want Milne's job? Link to comment
Donnet Posted June 13, 2017 Share Posted June 13, 2017 Aye, if he had intentions of turning up and throwing money at the club then you'd think he would want Milne's job? Maybe what this afternoons board meeting has been called for....? Link to comment
V for Vendetta Posted June 13, 2017 Share Posted June 13, 2017 Aye, if he had intentions of turning up and throwing money at the club then you'd think he would want Milne's job? Maybe or maybe not. Milne is Chairman I think? But not executive chairman so not running the club day to day as such. Someone will correct me probably - i've no real knowledge of the clubs inner workings and some on here probably will. For example at Celtic, the chairman is Ian Bankier I think, you don't see much of him really. Peter Lawell is Chief Exec. And Desmond, the major shareholder has no official position on the board but lets Lawell and Bankier see that what he wants happens. Link to comment
DonsFanatic Posted June 13, 2017 Share Posted June 13, 2017 Aye, if he had intentions of turning up and throwing money at the club then you'd think he would want Milne's job? He is still planning to live in the States, so wants to be a non-executive. He will attend every board meeting though. As for investment, it sounds as if it has been made to the club. Link to comment
V for Vendetta Posted June 13, 2017 Share Posted June 13, 2017 eh? how can it POSSIBLY not help? Haha! That was meant to say does help or doesn't hurt - just a typo, no need to break your shift key dude. Link to comment
ShinnieFGS Posted June 13, 2017 Share Posted June 13, 2017 Cormack even looks like someone who has millions in the bank. I think I'm going to start up a company and sell it for $800mil too. Very well played, Dave. Welcome home. Link to comment
ZeroTolerance Posted June 13, 2017 Share Posted June 13, 2017 How does that work for the club though, the substantial investment in shares? Doesnt that cash just go to whoever he bought the shares from or has Milne and co agreed to devalue their shares further to create new ones? Hopefully he can bring some new ideas in and if he can get some of his tech mates on board then its all gravy. Hopefully this. I suspect that this a new issue of shares, if he'd bought out an existing shareholder it would probably have been reported that way. Link to comment
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