St Mirren Football Club is delighted to welcome two new members to the Board of Directors after SMISA members overwhelmingly backed a new ownership proposal in February.
SMISA was already on track for majority fan ownership of the club but was not due to buy out owner Gordon Scott until 2026.
Under the new plans, Kibble have bought 27.5% of Scott’s shares, with SMISA then taking its own stake to 51% before the end of 2021.
Kibble, based in Paisley since 1840, will bring its commercial expertise to St Mirren, helping bring in new income to be reinvested in the team, while working with the club to create new training and employment options for the young people in their care.
With the deal now completed, Jim Gillespie, Chief Executive of Kibble, and Ronnie McGinlay, Board Member of Kibble, have officially joined the St Mirren Board of Directors, taking part in their first St Mirren Board meeting last week.
Jim Gillespie said: "This new partnership will allow us to grow the business of St Mirren and at the same time increase Kibble’s opportunities for employment, training and education as well as access to sport, health and wellbeing support.
"Kibble will bring our commercial expertise to St Mirren, creating a dynamic partnership and complementing the existing set up by offering the support and expertise that a large charity has in areas such as HR, finance, marketing and communications. The strength in this partnership will help bring in new income to be reinvested in the team, which in turn will generate more non-footballing income to create a sustainable business model for the club going forward."
Ronnie McGinlay has been a partner in Walker Laird, since 1983. Established in 1815, Walker Laird has been providing legal services to clients in Paisley, Renfrewshire and throughout Scotland for over 200 years.
This year will be the sixth consecutive year that Walker Laird has sponsored the St Mirren Player of the Year Award Dinner. In addition, this is the second season that the firm is the official team sock sponsor.
Speaking on the new partnership between the club, SMiSA and the Kibble, Ronnie said: "As a St Mirren fan, longstanding member of the local community and a board member of Kibble, I am excited about what the development of this partnership will offer. Using Kibble’s commercial and skilled support services, I am confident that it will benefit St Mirren and add to the current expertise and resources.
"Providing opportunities to improve the lives of the young people in Kibble and the local community, while allowing St Mirren to develop and grow, is the foundation of this partnership."