Brown McMaster

Many of you will have seen coverage in the Sunday press on Brown McMaster and, in particular, the question of whether he has satisfied the SFL requirements in relation to an interest in more than one club.

The JagsTrust has been advised that there has been no change in the ownership in the shares held by the McMaster family.

Any change in ownership of these shares needs to take full account of the basis in which they were gifted in the first place which was to preserve the future of Partick Thistle (as recorded at Companies House) and not as a consideration in relation to services rendered or to be rendered. Any transaction based solely on the needs of Brown McMaster to preserve his position as President of the Scottish Football League is not necessarily the same as one that is in the best interests of Partick Thistle.

In particular, any proposal to transfer these shares to another major shareholder who is currently a sleeping partner would not be welcomed by the JagsTrust.

If Mr McMaster needs to divest himself of his shares, AND has the best interests of Partick Thistle at heart, then the Trust would be more than happy to receive his shares on the same basis as he was granted them.