Based on my very limited understanding, things are probably “ok” financially but to claim there is no reliance on Weir money is disingenuous.
TBC donated £1.7m of assets using Colin’s money to buy back the rest of the stadium. That turned £200K loss into £1.5m “profit”. That support won’t be available going forward.
That £1.7m also added to existing £4.5m valn of Firhill that suddenly jumped another £7.8m to £14m!! Hard to see how Firhill is worth that much, given that value is just as a football stadium.
The £200K loss was to strengthen the squad, which was a fair enough gamble. However, it only bought us 4th in league. It also halved our cash in bank, important for a company that has no lines of credit.
Plus buried in all that was Queens Park groundshare money, but we still lost £200K.