Yesterday’s Protests at Firhill
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Yesterday’s Protests at Firhill

We wanted to clarify our position on yesterday’s protests as there has been some ambiguity, not least caused by Gerry Britton’s radio interview with BBC Scotland. TJF itself had no part in the organisation, or encouragement, of the protest that took place.  However, the objects and aims of our organisation clearly state that TJF will:…

The Football Club AGM – A Call for Action
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The Football Club AGM – A Call for Action

In advance of the AGM of the Partick Thistle Football Club Limited, the TJF Board calls on the trustees of the PTFC Trust to consider each vote to reappoint directors with care, understanding the supporters’ views on the individuals concerned. The current position The shares have passed to the PTFC Trust. Their engagement has been…

Reflections on the Club-Trust Memorandum
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Reflections on the Club-Trust Memorandum

The Jags Foundation welcomes the publication of the Memorandum of Understanding entered into between the PTFC Trust and the Club. We make the following observations. A departure from best practice Firstly, this arrangement differs significantly from the arrangements in place at other Football Clubs that are fan-owned. A memorandum of understanding provides no legally enforceable…

TJF Analysis of the PTFC Ltd Accounts 2021-22
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TJF Analysis of the PTFC Ltd Accounts 2021-22

The Jags Foundation Board has taken the last few days to read, understand and reflect on, the Football Club’s annual accounts for the year ended 31st May 2022. We have compiled a report, explaining some of the most important parts of those accounts, and placing the numbers into context as best we can. Revaluation of…

Further thoughts on the PTFC Trust proposal

As promised, The Jags Foundation has examined the PTFC Trust proposal document (published on Friday). We are told this formed the basis of their offer to Three Black Cats (3BC) for the majority shareholding at Partick Thistle. Far from clarifying matters, the document raises further serious questions. The same must also be said for both…

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…