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I've had a wee bit more of a wade through the fine print of what's being proposed at the AGM and it all boils down to a bit of a watershed moment for us Hibees.

We either want to be a 'break the bank/push the boat out/show some ambition/loosen the purse strings club or we want to be a community club with a core socialist value system. Can't be both. 

We had the chance to cement our identity as a community club under Farmer and didn't take it.  If these resolutions pass at the AGM, which I suspect they will, we're a screaming Tory capitalist club.

May the strongest will, win. 

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1 hour ago, Tommy Tappin said:

I've had a wee bit more of a wade through the fine print of what's being proposed at the AGM and it all boils down to a bit of a watershed moment for us Hibees.

We either want to be a 'break the bank/push the boat out/show some ambition/loosen the purse strings club or we want to be a community club with a core socialist value system. Can't be both. 

We had the chance to cement our identity as a community club under Farmer and didn't take it.  If these resolutions pass at the AGM, which I suspect they will, we're a screaming Tory capitalist club.

May the strongest will, win. 

This from one guy on Hibs Net.

Quote

"5. Decision-making - the club is very poorly run - existing staff appeared to be dispensed with early and money wasted on a lot of vanity projects. Why pay so much to agencies to run catering and the shop when you could be a key community employer. The money we have wasted in a football sense is also shocking.

It’s sad that as a club we spent so long doing things the right way while Hearts didn’t yet they end up the community club and we are now at the whim of the investment market."

That's nice!

And Jim Adie of HSL. Seems like Foley's "investment" of £6m will go straight to the Gordons.

Quote

“We have moved from a situation of no debt to a situation of £5.7 million in debt, that’s just to the Gordon family alone.”

https://www.footballscotland.co.uk/spfl/scottish-premiership/bill-foley-hibs-involvement-heartbreaking-28596010

 

What a mess. There should be demos outside ER but from what I've read on here, many Hibees are fairly satisfied with being a pawn for international investors/ private pirates.

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5 hours ago, Tommy Tappin said:

I've had a wee bit more of a wade through the fine print of what's being proposed at the AGM and it all boils down to a bit of a watershed moment for us Hibees.

We either want to be a 'break the bank/push the boat out/show some ambition/loosen the purse strings club or we want to be a community club with a core socialist value system. Can't be both. 

We had the chance to cement our identity as a community club under Farmer and didn't take it.  If these resolutions pass at the AGM, which I suspect they will, we're a screaming Tory capitalist club.

May the strongest will, win. 

s-l1600(1).thumb.jpg.8f25fad8337cf2385216d2735cf02ec3.jpg

Edited by Austin McCann
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5 hours ago, Crùbag said:

This from one guy on Hibs Net.

That's nice!

And Jim Adie of HSL. Seems like Foley's "investment" of £6m will go straight to the Gordons.

https://www.footballscotland.co.uk/spfl/scottish-premiership/bill-foley-hibs-involvement-heartbreaking-28596010

 

What a mess. There should be demos outside ER but from what I've read on here, many Hibees are fairly satisfied with being a pawn for international investors/ private pirates.

I don't think you have the first clue about it, based on that post. 

Lifting pish from Hibs net is a real minter.....

Also, not for the first time, Bill Adie is talking out of his hoop.

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35 minutes ago, Leith Green said:

I don't think you have the first clue about it, based on that post. 

Lifting pish from Hibs net is a real minter.....

Also, not for the first time, Bill Adie is talking out of his hoop.

So, why you not doing his job then instead of posting on here?

Are you saying Hibs didn't make a loss?

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45 minutes ago, Leith Green said:

I don't think you have the first clue about it, based on that post. 

Lifting pish from Hibs net is a real minter.....

Also, not for the first time, Bill Adie is talking out of his hoop.

What about Jim?

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46 minutes ago, Leith Green said:

Why would I want his role (it's not a job) ?

 

Why not? You obvs know more than him. You could speak directly to the media and tell them firmly, 'There. Is. No. Loss'.

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16 minutes ago, Crùbag said:

 

Why not? You obvs know more than him. You could speak directly to the media and tell them firmly, 'There. Is. No. Loss'.

Is this a wind up?

There's no question that a loss was made, it's more that Jim gave a "wah wah, it's all awful" interview about something that - at that point - he knew absolutely nothing about.

Let me know when you have a point to debate that you actually understand.

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On 07/02/2024 at 14:43, Tommy Tappin said:

Yeah, I'm aware how it's coming across. It's mostly a reaction to our fans criticising stuff they don't understand. 

Yours however is a reasoned post, and so to address your points in order:

1. How can I say Kensell has made us millions when we made a loss? Kensell's top responsibility is commercial. That's what Ron brought him in to do. 28 new commercial deals later, he's the most successful CEO we've ever had. The losses were mostly loss of income from early competitive exits and one off charges. Someone who can bring in that much money and cost us £300k should not GTF, in my opinion. 

2. It's McDermott and Montgomery's job to make things happen on the park. 'Yeah but who appointed them?' Great, than sack every chairman and ceo who appoint unsuccessful managers. There won't be many left and that's why there's more to it than that. Petrie had a much worse record. 

3. Salary, it's low for CEO average in Scotland. Aberdeen and Hearts are lower still, but both those clubs need cash gifts every year to operate so not comparable. 

4. How can the club say record breaking year. It says on course for record breaking year. The club already knows most of its its Euro, ST, commercial and player trading income for this financial year. League placing and SC run are already budgeted. 

5. How much can we rely on this income year after year? As much as Hearts and Aberdeen can rely on their Brooks Milesons 

6. Gordons subsidy. Not sure Foley would invest if the economic outlook was bleak. Comparison with Romanov difficult as he had run up your debt to £52m at its peak was it? before the first debt for equity issue wiped £12m off your debt. We're barely talking about 10% of that. 

7. It's not really an unwavering defence as the problems at Hibs are laid bare for all to see right now. It's more a reaction to halfwit punters who know **** all, and I mean **** ALL! about running a business or how a business is financed and then repeat the same tropes and insults over and over again. The level of criticism is way over the top (not on p&b but on social in general) and encouraging a hounding out culture is not my bag. I'd rather try to put some facts and context in an attempt to inform. I know I'm massively wasting my time with that. 

Ron Gordon hated the 'persevere' motto because to him it translated as 'never improve, keep losing'.

This Hibs board, competent or incompetent have the ambition that we've been screaming out for and now it's here, surprise surprise, we don't like it. 

The culture of our club is, in part, informed by the fan base and its a toxic loser culture and it holds us back.

That's why I'll come across as a fanboy when all I'm actually doing is is avoiding the knee jerk conclusions and trying to see the full picture. Anything other than crucifying the board comes across as fanboy-ish. That's the lack of nuance in social media debate. 

 

Deary me, no point in doing all that reasonable justification on the Hibernian boards part by having a cheap dig at Aberdeen and Heart of Midlothian, a sprinkling of bitterness due to unsuccessful attempts to get one over on your geographical rivals ON the pitch. 

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On 07/02/2024 at 16:36, Leith Green said:

Hearts fans giving  lessons in financial prudence

GIF by MOODMAN

 

Your attempt to humour the audience is woeful... tell me who was it that pulled Heart of Midlothian FC out of the shit and have remained doing so ever since (collectively under one banner)

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On 07/02/2024 at 17:23, AndyM said:

Whoa! Go fan run like Hearts? Fans don't run Hearts. Ann Budge and the Board do.  Your Board has one person from the FoH on it who will be easily outvoted by the Grown Ups on the Board.  Your board isn't hugely different from Hibs as both are in the main the usual mix of senior partners are Edinburgh Law Firms and Investment Companies. And you have one rich benefactor, James Anderson,  who I used to work with and he's been preventing you from racking up year on year losses for the last 5 years at cost of about £4m a year. 

F  A  N   O  W  N  E  DUH !

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14 hours ago, pansjambo said:

What about Jim?

Lovely fella but....

14 hours ago, Molotov said:

Is that for real?

Are you sure it’s not £93.3K? 🤦 

https://www.theoffsideline.com/huge-hike-in-sru-top-executive-salaries-revealed/

8 hours ago, jamtart1972 said:

Deary me, no point in doing all that reasonable justification on the Hibernian boards part by having a cheap dig at Aberdeen and Heart of Midlothian, a sprinkling of bitterness due to unsuccessful attempts to get one over on your geographical rivals ON the pitch. 

Yes there is. 

7 hours ago, jamtart1972 said:

 

Your attempt to humour the audience is woeful... tell me who was it that pulled Heart of Midlothian FC out of the shit and have remained doing so ever since (collectively under one banner)

Alex Salmond. 

7 hours ago, jamtart1972 said:

F  A  N   O  W  N  E  DUH !

Who are you again?

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16 minutes ago, Chefki Kuqi said:

Nice, heard he's got a soft spot for Hibs in years gone by? Will probably make it over. 

Yeah he's Hibs daft.

Unfortunately 4 ACLs have probably put paid to any chance he had of playing for them. 

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