Police called in at St Mirren over financial irregularities

HMS.Temple.Garden said:
POLICE Scotland have been alerted to financial irregularities at fan-owned St Mirren FC involving commercial agreements and possible non-payment of tax and national insurance.


The Scottish Premiership club has called in forensic accountants to carry out what they call a "thorough review of a number of areas of its operations".


The Paisley club which is currently 11th in the top tier of Scottish football, said it has informed both HM Revenue and Customs and Police Scotland over the irregularities.

St Mirren chief executive Tony Fitzpatrick said that the club will "be co-operating to the fullest extent with any investigations.”
It comes as St Mirren has been moving to become the latest fan-owned football club through a unique link-up - the first of its kind in the UK – between the club’s supporters’ trust and one of the country’s biggest charities.
The plans originally unveiled in January saw the St Mirren Independent Supporters Trust (SMISA) join up with the Paisley-based social care charity and leading social enterprise Kibble, which the club said "would transform how the club is owned and run".

Last month the club said that St Mirren’s home is being renamed The SMISA Stadium in a show of recognition for the club’s fans as they start the final countdown to becoming its majority owners in the summer.
The club gifted the naming rights for St Mirren Park to SMISA for the rest of season 2020/21.

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HeraldScotland:

After that, the fans group were to take its shareholding in the club to 51% by buying the club chairman Gordon Scott’s remaining shares.

ADVERTISING

The club said the purchase had been due to complete by the end of 2021, but had been agreed this will happen sooner than planned – on a date to be decided in the summer.
Under the plans Kibble, part-financed by the Scottish Government, would buy 27.5% of Mr Scott’s shares now.
As of February, this year, Kibble were classed as one of two that had "significant control" of the club according to Companies House with more than 25% but not more than 50% of the shares.

Mr Fitzpatrick said that "certain issues" were brought to light during the club’s annual audit process, following which the SMIS and Kibble tabled a joint response and recommendations at November’s board meeting.
He said they then "moved swiftly" to appoint forensic accountants.
It is understood that amongst the areas being focussed on are several commercial agreements, sub-contract arrangments and potential non-payment of PAYE (Pay As You Earn) and National Insurance.
The club has not divulged the amount of money involved. But it emphasised that none of what is being looked at relate to playing or management staff.
A spokesman for Kibble said: “Kibble is committed to operating to the highest levels of business practice, accountability and transparency.
"Supporters and employees alike should know we will leave no stone unturned in our efforts to make sure every aspect of the club operates to the highest ethical standards. The accountants involved have significant experience in this area and we are confident that any issues which may be uncovered will be dealt with quickly and decisively to ensure that the club’s reputation is utterly beyond reproach.”
The club board agreed the stadium-naming gesture to thank SMISA’s 1,150-plus members – whose monthly membership fees have been saved towards the share purchase since 2016.
The #BuyTheBuds deal had initially been expected to take ten years to complete but the club said last month that it was expecpted to be delivered because of the partnership.

That partnership was overwhelmingly approved by SMISA’s members during a vote in February and is believed to be unique in Europe by making a charity the part-owners of a top-flight football club.
Kibble, which specialises in the care of young people who have experienced trauma, last year agree to take over a vital service for vulnerable young people which has been threatened with closure.
It was offered up to £306,166 in grant funding by the Scottish Government for delivery of the Interventions for Vulnerable Youth (IVY) service between 1 April 2020 and 31 March 2021.
The IVY project was set up by the University of Strathclyde's Centre for Youth & Criminal Justice (CYCJ) and funded by the Scottish Government’s Youth Justice team to promote best practice in forensic mental health risk assessment and management for young people, aged 12-18, who present a serious risk of harm to others.
IVY, which has the only dedicated team of its kind in the UK, has provided support for more than 220 children and young people referred by 31 Scottish local authorities during its six years of existence.
CYCJ recently announced that IVY would close at the end of October, a decision they said they regretted but which was unavoidable, given the highly specialised nature of the service.
It was agreed that the IVY service would transition to Kibble in November, last year.

The board say Kibble "provide support services and commercial expertise" to the club, while working with it to creating job and training opportunities for the young people in their care.
Click to expand...
Potential non payment of tax and national insurance!!! Oh dear, I seem to remember St Mirren were quite vocal about us in 2012.
 
Craigie said:
"The Scottish Premiership club has called in forensic accountants to carry out what they call a "thorough review of a number of areas of its operations".
The Paisley club which is currently 11th in the top tier of Scottish football, said it has informed both HM Revenue and Customs and Police Scotland over the irregularities."

Someone has been doing a Craig Whyte and pocketing payments perhaps?
Click to expand...
Looks to me like Kibble might have been indulging in some “creative” accountancy
 
If this leads anywhere then at worst they'll suffer an Administration, they have feck all of value so someone will buy them for a small fee, they'll be docked whatever points that's been decided and they'll play on, and probably relegated. We were far too big and far too many assests for someone to get us for 1p in the pound.
 
HMS.Temple.Garden said:
POLICE Scotland have been alerted to financial irregularities at fan-owned St Mirren FC involving commercial agreements and possible non-payment of tax and national insurance.


The Scottish Premiership club has called in forensic accountants to carry out what they call a "thorough review of a number of areas of its operations".


The Paisley club which is currently 11th in the top tier of Scottish football, said it has informed both HM Revenue and Customs and Police Scotland over the irregularities.

St Mirren chief executive Tony Fitzpatrick said that the club will "be co-operating to the fullest extent with any investigations.”
It comes as St Mirren has been moving to become the latest fan-owned football club through a unique link-up - the first of its kind in the UK – between the club’s supporters’ trust and one of the country’s biggest charities.
The plans originally unveiled in January saw the St Mirren Independent Supporters Trust (SMISA) join up with the Paisley-based social care charity and leading social enterprise Kibble, which the club said "would transform how the club is owned and run".

Last month the club said that St Mirren’s home is being renamed The SMISA Stadium in a show of recognition for the club’s fans as they start the final countdown to becoming its majority owners in the summer.
The club gifted the naming rights for St Mirren Park to SMISA for the rest of season 2020/21.

ADVERTISING

HeraldScotland:

After that, the fans group were to take its shareholding in the club to 51% by buying the club chairman Gordon Scott’s remaining shares.

ADVERTISING

The club said the purchase had been due to complete by the end of 2021, but had been agreed this will happen sooner than planned – on a date to be decided in the summer.
Under the plans Kibble, part-financed by the Scottish Government, would buy 27.5% of Mr Scott’s shares now.
As of February, this year, Kibble were classed as one of two that had "significant control" of the club according to Companies House with more than 25% but not more than 50% of the shares.

Mr Fitzpatrick said that "certain issues" were brought to light during the club’s annual audit process, following which the SMIS and Kibble tabled a joint response and recommendations at November’s board meeting.
He said they then "moved swiftly" to appoint forensic accountants.
It is understood that amongst the areas being focussed on are several commercial agreements, sub-contract arrangments and potential non-payment of PAYE (Pay As You Earn) and National Insurance.
The club has not divulged the amount of money involved. But it emphasised that none of what is being looked at relate to playing or management staff.
A spokesman for Kibble said: “Kibble is committed to operating to the highest levels of business practice, accountability and transparency.
"Supporters and employees alike should know we will leave no stone unturned in our efforts to make sure every aspect of the club operates to the highest ethical standards. The accountants involved have significant experience in this area and we are confident that any issues which may be uncovered will be dealt with quickly and decisively to ensure that the club’s reputation is utterly beyond reproach.”
The club board agreed the stadium-naming gesture to thank SMISA’s 1,150-plus members – whose monthly membership fees have been saved towards the share purchase since 2016.
The #BuyTheBuds deal had initially been expected to take ten years to complete but the club said last month that it was expecpted to be delivered because of the partnership.

That partnership was overwhelmingly approved by SMISA’s members during a vote in February and is believed to be unique in Europe by making a charity the part-owners of a top-flight football club.
Kibble, which specialises in the care of young people who have experienced trauma, last year agree to take over a vital service for vulnerable young people which has been threatened with closure.
It was offered up to £306,166 in grant funding by the Scottish Government for delivery of the Interventions for Vulnerable Youth (IVY) service between 1 April 2020 and 31 March 2021.
The IVY project was set up by the University of Strathclyde's Centre for Youth & Criminal Justice (CYCJ) and funded by the Scottish Government’s Youth Justice team to promote best practice in forensic mental health risk assessment and management for young people, aged 12-18, who present a serious risk of harm to others.
IVY, which has the only dedicated team of its kind in the UK, has provided support for more than 220 children and young people referred by 31 Scottish local authorities during its six years of existence.
CYCJ recently announced that IVY would close at the end of October, a decision they said they regretted but which was unavoidable, given the highly specialised nature of the service.
It was agreed that the IVY service would transition to Kibble in November, last year.

The board say Kibble "provide support services and commercial expertise" to the club, while working with it to creating job and training opportunities for the young people in their care.
Click to expand...
Craig Whyte, 4th teir scenario. Unless the SPFL actually do something to help them unlike the way they treated us.
 
Woodrow Call said:
I'd always thought Kibble was a large residential school not far from St Mirren park.
Click to expand...

That is part of it, residential school/secure unit some of the most dangerous children across Britain are sent/held there.

it is a huge charity getting into all sorts.
 
Something is clearly wrong down there.

what happened to the investigation into their alleged breach of COVID regulations that was supposed to be announced the end of November.

www.bbc.co.uk

St Mirren expect SPFL verdict this month

St Mirren expect a verdict by the end of November after defending themselves "robustly" at a SPFL hearing into alleged Covid-19 regulation breaches.
www.bbc.co.uk www.bbc.co.uk

news.stv.tv

St Mirren take extra steps to combat Covid-19 problems

The Paisley club have made two new appointments after their coronavirus outbreak.
news.stv.tv news.stv.tv
 
HMS.Temple.Garden said:
POLICE Scotland have been alerted to financial irregularities at fan-owned St Mirren FC involving commercial agreements and possible non-payment of tax and national insurance.


The Scottish Premiership club has called in forensic accountants to carry out what they call a "thorough review of a number of areas of its operations".


The Paisley club which is currently 11th in the top tier of Scottish football, said it has informed both HM Revenue and Customs and Police Scotland over the irregularities.

St Mirren chief executive Tony Fitzpatrick said that the club will "be co-operating to the fullest extent with any investigations.”
It comes as St Mirren has been moving to become the latest fan-owned football club through a unique link-up - the first of its kind in the UK – between the club’s supporters’ trust and one of the country’s biggest charities.
The plans originally unveiled in January saw the St Mirren Independent Supporters Trust (SMISA) join up with the Paisley-based social care charity and leading social enterprise Kibble, which the club said "would transform how the club is owned and run".

Last month the club said that St Mirren’s home is being renamed The SMISA Stadium in a show of recognition for the club’s fans as they start the final countdown to becoming its majority owners in the summer.
The club gifted the naming rights for St Mirren Park to SMISA for the rest of season 2020/21.

ADVERTISING

HeraldScotland:

After that, the fans group were to take its shareholding in the club to 51% by buying the club chairman Gordon Scott’s remaining shares.

ADVERTISING

The club said the purchase had been due to complete by the end of 2021, but had been agreed this will happen sooner than planned – on a date to be decided in the summer.
Under the plans Kibble, part-financed by the Scottish Government, would buy 27.5% of Mr Scott’s shares now.
As of February, this year, Kibble were classed as one of two that had "significant control" of the club according to Companies House with more than 25% but not more than 50% of the shares.

Mr Fitzpatrick said that "certain issues" were brought to light during the club’s annual audit process, following which the SMIS and Kibble tabled a joint response and recommendations at November’s board meeting.
He said they then "moved swiftly" to appoint forensic accountants.
It is understood that amongst the areas being focussed on are several commercial agreements, sub-contract arrangments and potential non-payment of PAYE (Pay As You Earn) and National Insurance.
The club has not divulged the amount of money involved. But it emphasised that none of what is being looked at relate to playing or management staff.
A spokesman for Kibble said: “Kibble is committed to operating to the highest levels of business practice, accountability and transparency.
"Supporters and employees alike should know we will leave no stone unturned in our efforts to make sure every aspect of the club operates to the highest ethical standards. The accountants involved have significant experience in this area and we are confident that any issues which may be uncovered will be dealt with quickly and decisively to ensure that the club’s reputation is utterly beyond reproach.”
The club board agreed the stadium-naming gesture to thank SMISA’s 1,150-plus members – whose monthly membership fees have been saved towards the share purchase since 2016.
The #BuyTheBuds deal had initially been expected to take ten years to complete but the club said last month that it was expecpted to be delivered because of the partnership.

That partnership was overwhelmingly approved by SMISA’s members during a vote in February and is believed to be unique in Europe by making a charity the part-owners of a top-flight football club.
Kibble, which specialises in the care of young people who have experienced trauma, last year agree to take over a vital service for vulnerable young people which has been threatened with closure.
It was offered up to £306,166 in grant funding by the Scottish Government for delivery of the Interventions for Vulnerable Youth (IVY) service between 1 April 2020 and 31 March 2021.
The IVY project was set up by the University of Strathclyde's Centre for Youth & Criminal Justice (CYCJ) and funded by the Scottish Government’s Youth Justice team to promote best practice in forensic mental health risk assessment and management for young people, aged 12-18, who present a serious risk of harm to others.
IVY, which has the only dedicated team of its kind in the UK, has provided support for more than 220 children and young people referred by 31 Scottish local authorities during its six years of existence.
CYCJ recently announced that IVY would close at the end of October, a decision they said they regretted but which was unavoidable, given the highly specialised nature of the service.
It was agreed that the IVY service would transition to Kibble in November, last year.

The board say Kibble "provide support services and commercial expertise" to the club, while working with it to creating job and training opportunities for the young people in their care.
Click to expand...
How is St Mirren Independent Supporters Trust shortened to (SMISA)?
 
Having just seen the picture on Twitter again, what was the deal with the tims having their club shop banner over St Boo’s again?
 
HMS.Temple.Garden said:
The plans originally unveiled in January saw the St Mirren Independent Supporters Trust (SMISA) join up with the Paisley-based social care charity and leading social enterprise Kibble, which the club said "would transform how the club is owned and run".
Click to expand...

That's quality journalism right there. Must have just took a guess at what the A stood for.

I remember the SMIS part is short for St Mirren Independent Supporters and I know they call themselves SMISA, cause look I have a picture here with Stadium being renamed to the SMISA stadium. So should I look up what the A stands for again, or will I just guess and save time. Yeah I'll guess. The A must be short for Trust. Aye that sounds right.

I mean ffs.
 
Strip them of their second prize in in the 2010 LC.

9 men and a doo,
Fukked St Boo.

And if I had naming rights I’d call it The Temazepam Arena.
 
govanfront85 said:
It isn't, kibble is a business.
Click to expand...
Kibble supports at risk children and young people (aged 5-26) across the UK. Many of the young people we care for have experienced significant trauma in their lives and Kibble offers dedicated care and support to help them move forward. This includes residential and community support, as well as dedicated schools and wellbeing services.

We provide a safe, stable environment that is both nurturing and therapeutic. With a robust support network and wide range of integrated services, we offer young people opportunities and encourage them to believe in themselves, feel a sense of belonging, and realise their own self-worth.

As a charity and a leading social enterprise, we’ve been helping young people for 160 years. Although we have changed since inception our priority remains the same, to support the young people who need our help most. As we move forward, and we develop our services, we do so with the vision of being able to further enhance our already high standards and increase existing provision, ultimately giving us the capacity to support more young people.
Click to expand...

from their website
 
Scrubs UK said:
''ST MIRREN have confirmed they plan to reject Rangers' application for re-entry to the SPL on the grounds of "sporting integrity".



May your pathetic little club burn to the ground and become a Tesco by this time next year.
Click to expand...
I hope the bastards go out of business altogether.

The very day after we went into admin they stated that they hoped some of our fans would now start supporting them.

I’m from Paisley and will have plenty to say to their gloating supporters. @Japandroid I might go back onto Facebook after all mate.
 
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