AGM 2020

[Guest]

 

DC: "The devastating effect of the pandemic has hit us for around £7m in cash. The strength of our Club is such that we are still debt free. The board has brought in £20m in cash in 3 ½ years, unparalleled in the history of AFC and any SPFL club outside Celtic and Rangers"

DC: "During Derek McInnes’ tenure we’ve gone from being ranked 289th to 148th in Europe. Our aspiration is to get into the Top 100 & to do that we need to qualify for the Group Stages of any of UEFA’s competitions, including the new Conference League which starts next season."

 

"Derek has made it clear that our strategy is to play an attractive and entertaining style of football. This season, prior to losing 8 players through COVID-19 isolation and injuries, we were being roundly applauded for how we were playing."

 

DC: "Our projected turnover for 2020/21 is now only £10m due to the pandemic. A critical part of that is football performance-related income, prize-money of around £2m. Derek has consistently helped us achieve this level of income every season."

 

"If a cross-border league offers a significant uplift in commercial income that benefits all Scottish clubs, and it provides a level of competition that resonates with our fans, it should be worthy of consideration."

 

A few of the quotes from the AGM Twitter feed here. Disappointing, but not surprising.

 

 

[Guest]

Cormack clearly happy with Dereks position as manager due to prize money. He's even offered excuses as to why we're out the League Cup, and have been so poor of late. He's still trying to pedal this Atlantic league shite, and he has a fixation on us becoming a top 100 UEFA club. Whatever that actually means. 

 

Judging by these comments from him, and these alone, he's a million miles from what your average punter wants. As someone previously said, "Milne with better teeth."

[muttonhumper]

 

Fair amount of bleating, havering and excuses piled into a handful of quotes there.

[Crashnyploshnit]

Interesting watch. Looks as if Hernandez may be sold in January according to Derek.

[Guest]

Do they actually think fans look at the accounts at the end of a season and go, fucking YES! Turnover is up!

So far detached from what people want.

[Guest]

1 minute ago, Crashnyploshnit said:

Interesting watch. Looks as if Hernandez may be sold in January according to Derek.

Where can you watch it? Do you have to be a shareholder?

[Crashnyploshnit]

I believe so.

[WesthillWanderersFC]

This “top 100” stuff is corporate bollocks that most fans don’t give a fuck about in my opinion.

-Play good, attacking, football.

-at least sound & look like we want to finish higher than 3rd not just accept the duopoly. 

-Win a cup once every 5 years or so

There’s other things like be better at developing/selling players & do better in Europe, but the first three are the main points 

No-one cares about top 100, challenger brand nonsense. 

 

[Guest]

2 minutes ago, WesthillWanderersFC said:

This “top 100” stuff is corporate bollocks that most fans don’t give a fuck about in my opinion.

-Play good, attacking, football.

-at least sound & look like we want to finish higher than 3rd not just accept the duopoly. 

-Win a cup once every 5 years or so

There’s other things like be better at developing/selling players & do better in Europe, but the first three are the main points 

No-one cares about top 100, challenger brand nonsense. 

 

Precisely. 

Milne with teeth.

[aberdeen1970]

And hair. 

[Dom Sullivan]

14 minutes ago, Crashnyploshnit said:

Interesting watch. Looks as if Hernandez may be sold in January according to Derek.

Who is going to buy a player whose got splinters in his arse from sitting on the bench though?

 

[WesthillWanderersFC]

Just now, aberdeen1970 said:

And hair. 

And not a hun rimmer (yet) 

[slippers]

1 hour ago, ConsiCanBoogie1903 said:

Cormack clearly happy with Dereks position as manager due to prize money. He's even offered excuses as to why we're out the League Cup, and have been so poor of late. He's still trying to pedal this Atlantic league shite, and he has a fixation on us becoming a top 100 UEFA club. Whatever that actually means. 

 

Judging by these comments from him, and these alone, he's a million miles from what your average punter wants. As someone previously said, "Milne with better teeth."

Half that teams in the proposal play in front  of less than 10k a week and no bigger than Dundee United. No way that’s generating 400m Euros a year. 

[Guest]

22 minutes ago, Millertime said:

Turnover being up is a big reason as to how we can be 7m down but still not in debt 

Maybe the issue here is football fans not understanding anything beyond the basics 

Everyone is capable of understanding basic business. 

I don't turn up to watch Aberdeen in the hope the turnover improves though, that, if anything should be just a bonus and an afterthought for a fan. 

 

Not a legitimate reason for keeping an underperforming manager in a job.

[Guest]

1 minute ago, Millertime said:

Yeah, but the only reason we can sign Hedges, mccrorie etc is down to the increased turnover that mcinnes is a major part of

The investors are largely behind that, as well as the AberDNA stuff. Prize money in Scottish football is guff, but not doubt it helps us.

[Guest]

These quotes tell me one thing. 

He'll be with us indefinitely. We might not win another cup for 10 years, but he'll be here. As long as the finances are OK. 

Sums up AFC

[Guest milne_afc]

Signing Hedges was surely a cost cutting exercise 

[Watson Oh The Bar! Scanlon Yes!]

11 minutes ago, rocket_scientist said:

Volume is vanity.

Profit is sanity. 

Cash is reality.

[slippers]

3 minutes ago, Millertime said:

Yep and mcinnes made us more attractive to encourage investment 

He is a major reason for it, like it or not

Can’t disagree with that. You can say what you want about Mcinnes but since his appointment the club have went from a absolute joke to a extremely well run club on and off the park. Off the park especially the clubs is very well run. 20m external investment in past 3 years is massive. 

[Tord31]

I don't agree with the comment that McInnes will be here forever. He's here at the moment and on balance probably deserves support through a sticky patch.

However he needs to do something to merit a contract extension. Finishing second, winning the Scottish Cup 2021, qualifying for the Europa 2021 group stages. If he does none of that he's heading out the door at some point between August 2021 and May 2022.

[Tord31]

26 minutes ago, Millertime said:

You don't agree that mcinnes will be here forever?

Well blow me down

Your always the comedian Frankie.

[Sonoftherock]

Were there any questions taken from the virtual floor regarding Hernandez?

Or are all of our shareholders happy that we've thrown away 850k?  Surely the shareholders need to be made aware of who's responsible for this disaster?

I see the story about 're-couping costs'! No chance anyone is paying us 850k for a player whos hardly kicked a ball in the last few seasons!  When McInnes came out with this guff, was he questioned on it?  If not, why not?

[super_al]

6 hours ago, Crashnyploshnit said:

Interesting watch. Looks as if Hernandez may be sold in January according to Derek.

Another Canadian exclusive!!! I also see you had two of your questions read out.

[maryhilldon]

4 hours ago, slippers said:

Can’t disagree with that. You can say what you want about Mcinnes but since his appointment the club have went from a absolute joke to a extremely well run club on and off the park. Off the park especially the clubs is very well run. 20m external investment in past 3 years is massive. 

Are you giving Mcinnes credit for Cormack finding investors?  That's a stretch. 

[Sonoftherock]

15 minutes ago, super_al said:

Another Canadian exclusive!!! I also see you had two of your questions read out.

Can you elaborate?

Assume it wasn't a free-for-all?  So the club didn't have to field any difficult questions on Ronny and the 850k black hole?

[super_al]

49 minutes ago, Sonoftherock said:

Can you elaborate?

Assume it wasn't a free-for-all?  So the club didn't have to field any difficult questions on Ronny and the 850k black hole?

Yes shareholders were asked to register 48 hours in advance and submit questions. The club then selected certain questions to be read out. They apparently received questions regarding Ronnie from 4 different individuals.

[Guest]

6 hours ago, Millertime said:

Yep and mcinnes made us more attractive to encourage investment 

He is a major reason for it, like it or not

I would argue Cormack has done more for investment than McInnes. 
 

Managers aren't and shouldn't be judged on how much money they bring into a club. If anything, Derek helping get the investment in the last 3.5 years, and having fuck all to show for it, suggests he's performing below standard. 

[Guest]

6 hours ago, rocket_scientist said:

Why say something on a subject you know nothing of?

Eh? 
 

The reason our finances are stable and we're able to pay fees for the first time in a while, is because of the investment Cormack has brought through, generally. 
 

Im not claiming to know anything other than that. 
 

 

[Sonoftherock]

1 hour ago, super_al said:

Yes shareholders were asked to register 48 hours in advance and submit questions. The club then selected certain questions to be read out. They apparently received questions regarding Ronnie from 4 different individuals.

Only 4 shareholders felt compelled to submit a question on an 850k black hole? 

I find that hard to believe. 

McInnes should have been hauled through hot coals for this one, until he provided some answers.

[Guest]

7 minutes ago, alscotoz said:

McInnes is on his final contract. He's not winning anything. I don't follow accountants, I follow a football team. 

Having said all that the balance sheet of 87/88 was a great time to be alive...

As long as he finishes top 4 and we get trips to Hampden to fill the coffers, Dave and the rest will be alright with this. 
 

The Europa League is an impossibility it would seem, and that's been generally accepted by the board. 
 

The comments I originally posted from Cormack are disappointing.