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….
On the evening of Monday 8th August, Three Black Cats (3BC) made a statement explaining why they had rejected The Jags Foundation as the preferred recipient for the 55% shareholding in PTFC. That statement acknowledged that we were a “strong option” but said: “The Jags Foundation’s approach was akin to negotiating a share purchase rather than…
As you will have now seen, Three Black Cats wishes to proceed with an alternative ownership destination other than The Jags Foundation. We thought it was important to let you know that we had been removed from the process last night. For the avoidance of doubt, we still do not know for certain who this…
On Saturday 16th July, we provided you with an update on our talks with Three Black Cats (3BC). At about the same time we requested further feedback on several matters from them, to which no substantive response was forthcoming in the ensuing three weeks. A proposed meeting was cancelled at very short notice by 3BC’s…
This post commences a series of our efforts to inform and engage with fans about how fan ownership operates at other clubs, and by implication the options available to make it work as best it can for Thistle. We also want to dispel some common misconceptions about what fan ownership involves. This was something we…
Good evening Jags fans, We said we would update you today about our talks with Three Black Cats (3BC). At that time we had hoped we would have more positive progress to report, following our initial interactions with 3BC’s directors. The wording of our previous public statement, and the commitment that TJF would be able to update…
Good evening fellow Jags fans. I wanted to take this opportunity to provide an update on some recent activity from the Foundation Board. We can confirm that on 20 June representatives of the TJF Board met with the Directors of Three Black Cats. The meeting was considered to be constructive by the TJF board members…
Good evening Jags fans. Following our second board meeting, I wanted to give you a further update on the Foundation’s activities. Your new board members have been very busy since taking office, and I am grateful to them all for their positivity and commitment to date. Since we took office less than three weeks ago,…
Firstly, can we just thank you for all the support we have received in light of Saturdays announcement from 3BC and the PTFC Board/CEO. Along with that support, there are the obvious calls for what next? What we are not going to do is get involved in a tit for tat spat with the club…
Dear Members, We write to you in response to today’s announcement from Three Black Cats that The Jags Foundation will not be the recipient of Colin Weirs majority shareholding. The sole purpose of The Jags Foundation is to be the custodian of those shares for Partick Thistle fans forever. In taking ownership we would get…