An event which I still regard as pivotal in leading us to where we are now. The Scottish Media Group bought ?3.5m worth of shares, and put a further ?4.5m in by way of convertible loan stock. Unfortunately, for reasons which remain entirely unfathomable, the club assumed SMG would convert this ?4.5m into shares, so spent the full ?8m pretty quickly on transfer fees, wages, signing on fees, new contracts and - a good move this, at least - the academy; but by the end of that very season, it was pr