Well Society Board Meeting Summary: December 2017

The Well Society Board met on Tuesday December 19th 2017 for our monthly scheduled Board meeting. The meeting was attended by Douglas Dickie, Markus Schieren, Doug Inglis and Jason Henderson.

Douglas Dickie provided an update from the Executive Board regarding the daily running of the Club. The following points were made:

Still awaiting confirmation of final financial totals from Betfred Cup run. Our estimates have been conservative so we may see a small boost.

A deal has been agreed with Preston North End for Louis Moult and he will move there on January 1st when the transfer window opens.

The Manager is currently looking for a Moult replacement and the Club have made tentative enquiries regarding two or three potential signings. A right sided centre-back is also being targeted.

The Club is almost over the line in terms of securing a deal for Peter Hartley.

Peter Hartley, Trevor Carson and Chris Cadden expected to return from injury for the Dundee game, Elliott Frear will be out for longer due to the nature of the hamstring injury.

AGM

Douglas Dickie provided an update of the Club’s recent AGM which took place on the 18th of December. Club accounts were signed off and agreed. The Chairman took most of the questions in what was an amicable meeting. The Manager was in attendance. Overall it was a positive meeting.

Project Brave & Youth Academy

There has been no further update on Project Brave from our last meeting.

Scott Leitch has left the Youth Academy with an amicable agreement reached. The Club is currently sourcing a replacement.

Membership Update

Current Members: 2364

Adults: 1774

Juniors: 590

Current Well Society Funds: £82,487.90

Share Sale (so far)

Current Shares Sold: 4747

Total Raised: £31,347

New Shareholders: 230

Fundraising Auctions Total: £1440

Double Your Money

Les Hutchison has kindly agreed to extend the Double Your Money offer for another year.

Questions from Members

A question was asked on why the Louis Moult transfer was down as an “undisclosed fee.” It was stated that in almost all of the cases it’s the buying club that would put that stipulation in the agreement therefore the Club cannot publically announce the figure.

A member also asked about the recent story regarding Motherwell as being one of the clubs who were paying employees less than the minimum wage.

The club felt somewhat aggrieved by this report. All staff are paid what is legally due to them. The issue seems to have arisen in some cases where sums come off an employee’s salary to cover payments to the club (eg. Well Lotto subscription) which leads to the final sum looking like the Club is paying less than is due. In some cases employees also have money coming off their wages for tickets as it’s easier for the employee to do it that way. The SPFL are both comfortable and supportive of the Club’s position.

One member asked if we could list all of the members’ names on the website. It was agreed that this would be fairly time consuming and not really have any benefit, however if this is something more members asked about we would happily review it.

The topic of moving the Well Bois to another section of the stadium was also discussed. This had been brought up at the recent AGM. Alan Burrows had stated recently that the police were in favour of such a move, however it’s not something that’s been discussed at this point in time.