TJF’s appraisal of the “preferred recipient” announcement

Yesterday, Three Black Cats (3BC) – the majority shareholder of Partick Thistle Football Club, announced that PTFC Trust – an existing shareholder of the Club – as the “preferred recipient” of the 55% majority shareholding in the Club. We have scrutinised the 3BC statement, the PTFC Trust’s own statement from yesterday, and other available information…

Update on Three Black Cats’ fan ownership announcement

The Jags Foundation is aware of Three Black Cats’ announcement regarding the designation of the PTFC Trust as the preferred recipient of the majority shareholding of Partick Thistle. We will be looking at the publicly available information provided following this announcement, and will provide our assessment of the situation having consulted collectively as a board….