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Chairman Promises Cup Run!

We took the opportunity at the Press Conference on Friday to have a word with our chairman Jamie Moffat.......

 Okay, he never actually promised us a cup run but near enough surely! To kick off we asked Jamie whether the decision not to sign Oumar Bakari (left) was a football or a financial one...

JM said: "It was mainly a financial decision. At one point we would quite like to have signed him but as often happens in these circumstances when we thought we had agreed a deal they then move the goalposts. If it had just been the goalposts it would have been alright but it was the pitch and everything else! Firstly it was a point of principle, if you agree a deal then it's a deal. Secondly things then went beyond our budget which we couldn't afford."

We pointed out that this meant we still had not signed a defender, which JJ had stated was a priority. Jamie said: "There is still one position to fill and we have been looking at a number of players but for a variety of reasons they have not happened."

Given the precarious situation with Hearts that has been well documented in the press we asked the chairman where we now stood with the bank. He said: "We have the facility with the bank. We know where we are, we know where the bank is. That position has not changed. We sat down about 18 months ago and had a very careful look at where we were, where we were going and how we were going to balance the books. We set out a three year plan which brought us from quite a significant loss to a break even position over that three year period. An important part of that was bringing down the cost of players. We’ve done that in the last two seasons and Jim’s been very good. He’s happy that he knows what the number is and he works within that number. It’s not easy, it’s difficult to balance the books and from Kilmarnock Football Club’s point of view, last season we budgeted to finish in the top six and we didn’t which had a significant financial impact on us."

"We are hopeful with the squad that we have that we will be in the top six and challenging for Europe which will help us financially. We also think we must be due a cup run sometime soon. Since we won the Scottish Cup in ’97 we haven’t really had a decent run other than one run in the League Cup and that would be a windfall because we don’t budget for that. At the end of last season I used the example of how the performance on the park can influence finances. When we were playing Partick Thistle on the last day of the season we were winning at half time and in eighth place. Forty five minutes later we were in tenth place which cost us in excess of £100,000. Also at half time Clyde were being promoted and were going to ground-share with us which would bring us extra revenue and that all went West as well. That wasn’t a good drive home that night I can tell you!

It’s been reported that we’ve sold over 3,500 season tickets already but there are some fears that figure could include all the free tickets and four each for the family tickets in the Moffat Stand. We asked Mr. Moffat if he was pleased with the sales so far. He replied: “We’re getting more pleased every day. We’re nearly at the budget for income that we set ourselves which is reasonable for season ticket sales, somewhere around 3,300. But, we set a target for around 200 more than that and we think that they will come through what with the season nearly upon us. The newspaper reports that we are 30% down are not comparing like for like. If you actually take the number of season tickets sold…we’re up, and the income is in line with last year. We have a full breakdown on all the figures, which I don’t have to hand, but at the end of the day the figures quoted are for the actual number sold. The critical thing is the revenue, whatever way it comes in, the actual income is pretty much in line with what we were looking for."

Jim Jefferies contract extension raised a few eyebrows among Killie fans, not because he doesn’t deserve one, but after last years poor showing if things get worse instead of better six months down the line the club would now be left with a large payout. We asked Jamie of he thought it would have been better to wait six month and then start contract negotiations. He said: “I think it is better for us to give him a new contract now. He’s well thought of and the last thing we would want is the contrary happening…we hang off and something happens somewhere else and they come in for Jim and take him away. It would be very difficult to replace a man of his experience. That’s always the debate, as to when you do something like this; and at then end of the day the board were very happy with the job that Jim Jefferies was doing. We had issue with the traveling and that became part of the discussions and I’m just very pleased that we’ve been able to secure Jim’s services with terms that are acceptable to all parties."

 

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