Deposit for #BuyTheBuds now paid

SMISA took another small step towards fan ownership for St Mirren earlier today when ourselves and Gordon Scott deposited a £100,000 deposit with lawyers - who will now secure a one-month exclusivity period as sole bidders for the majority shareholding in the club held by the selling consortium. That gives time for due diligence and for us to complete the legal formalities, and - while the deal is not yet done - we are still on track for Gordon to have a new board in place for the start of the new season and the start of a new era for the club. SMISA chair George Adam is pictured outside TSB in Paisley High Street after arranging for SMISA's £20,000 share of the deposit to be transferred.