February update on 2nd club director and AGM

We emailed an update to our members earlier today:

Kibble deal/Second SMISA club director

Thanks once again to all those members who voted on the recent proposal that will now see fan ownership happen by the end of 2021 in conjunction with Kibble.

We strongly believe this is the best way for the club to move forward and were heartened that so many of you (around 92% of those who voted) agreed with us.

As per the terms of the vote, the new shareholders’ agreement with Gordon Scott and Kibble has now been signed, meaning Kibble have purchased their stake from Gordon and the terms outlined as part of the transition phase now apply. 

SMISA, as the largest shareholder, will now be represented by a second director on the club board during the three-way interim period that will run until the end of next year at which point we will purchase the remainder of Gordon’s shareholding and become majority owners.

To ensure continuity, our second representative over the next few months will be David Nicol. David was the first SMISA-elected director when he joined the club board in 2016 and was then asked by Gordon to remain on the board once his two-year term came to an end in 2018 and he was succeeded as SMISA’s representative by David Riley.

The two Davids will continue to represent SMISA’s interests in club matters until the summer at which point David Nicol will stand down from the club board. The SMISA committee will begin the process of sourcing, interviewing and nominating his replacement before then to ensure a smooth transition between David and the new appointee.

AGM and committee election

We are due to hold our annual general meeting this spring and have provisionally scheduled this for Saturday 28 March at 12:30pm at the UWS library in Paisley town centre.

The AGM will look back on what has been achieved in the past year, as well as ahead to what we hope to achieve in 2020/21. A running order for the day, including our annual accounts, will be issued not less than 14 days before the meeting.

It also means the election of members to the SMISA committee. As it stands, three of the nine places will be open for election.

Six committee members previously elected will continue to serve for at least another year. These are Lawrence McCabe, Dougie McMahon, Graeme Macpherson, Janette Swanson, Jim Cumming and Colin Orr.

As the rules state one-third of SMISA’s elected committee members are required to step down each year, that means the members who have served the longest since last being elected – Kenny Docherty, Alan Quinn and George Adam – are required to stand for re-election.

Any other SMISA members who wish to put themselves forward for election can do so. Committee members are expected to attend fortnightly meetings (these are usually held on Monday evenings at the stadium) and be able to make a meaningful contribution, both in terms of their time and the quality of their input.

Anybody who would like to stand should email [email protected] and request an application form.

To stand, you will need to be nominated by two SMISA members and have been a member for at least 90 days prior to the date nominations are due to close - Monday 9 March.

You will also need to submit a 500-word statement explaining why you would like to be elected and a photograph, both of which will be used on the election webpage on the SMISA website.

Voting will run for two weeks from Thursday 12 March and will be concluded in time for the AGM.

The election will be administered by an election management group made up of committee members not up for election, who will verify all nominations.

As always, if there is anything you wish to speak to us about you can reach us on [email protected]

The SMISA committee