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 Morton fan owned ?
Topic Originator: saltonsgonagetu  
Date:   Wed 8 Jan 17:12

Non-profit company Morton Club Together (MCT) is embarking on the exploration of a community ownership project .
Almost 400 MCT members have already contributed £6000 a month to the Morton first team budget since August, which has boosted funds available to the Manager by more than 20% this season.
They have already had the debt that Morton faces reduced by £500,000 and have an agreement with majority owner, Golden Casket, to have the remaining £2m debt written off by the end of next season, assuming they hit the target of contributing £400,000 to the first team in that period.

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 Re: Morton fan owned ?
Topic Originator: Buspasspar  
Date:   Wed 8 Jan 18:13

Good on them
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 Re: Morton fan owned ?
Topic Originator: AdamAntsParsStripe  
Date:   Wed 8 Jan 18:59

Good luck to them all.

If you only turn up to moan then do it elsewhere
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 Re: Morton fan owned ?
Topic Originator: MDCCCLXXXV  
Date:   Thu 9 Jan 07:48

Wish them luck, I like Morton, a good honest club

East End Park is a symbol of all that is DAFC.
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 Re: Morton fan owned ?
Topic Originator: Lambo1885  
Date:   Thu 9 Jan 08:54

Hope it works out for them. The more fan owned clubs the better.
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 Re: Morton fan owned ?
Topic Originator: Malcolm Canmore  
Date:   Thu 9 Jan 10:02

If the club managed to run up debts of £2.5m, I hope that the supporters have a very different business model.

My dog eats meat
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 Re: Morton fan owned ?
Topic Originator: saltonsgonagetu  
Date:   Thu 9 Jan 10:59

Considering current ICT directors are putting in 70 k each per month to keep the club going ,and they.are soft loans ,then you won't be long in running up a fair size of debt ,think ICT just announced 825k loss this year

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 Re: Morton fan owned ?
Topic Originator: preston par  
Date:   Thu 9 Jan 11:22

Fair play to them!
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 Re: Morton fan owned ?
Topic Originator: eastendalloapar  
Date:   Thu 9 Jan 12:06

Hopefully ICT does not fold. It must annoy them that their closest rival has so much money.

matt forsyth
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 Re: Morton fan owned ?
Topic Originator: red-star-par  
Date:   Thu 9 Jan 13:24

Quote:

eastendalloapar, Thu 9 Jan 12:06

Hopefully ICT does not fold. It must annoy them that their closest rival has so much money.


Especially since they should really be a much bigger club than Ross County. It would be like Kelty being in a higher league than us
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