I'm sorry you appear to believe that I'm an idiot for having spent thousands of pounds supporting Hibs over the last fifty years. Does your judgment apply to everybody whose spent thousands of pounds supporting Hibs?This quote is hidden because you are ignoring this member. Show Quote
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Thread: Petrie Must Go
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09-09-2014 05:04 PM #61
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09-09-2014 05:10 PM #62This quote is hidden because you are ignoring this member. Show Quote
My judgement is reserved for those that can't see the difference between leisure and life. I know plenty of people who have spent that much. They moan they curse, but they never expect anybody to feel sorry for them.
I've spent thousands of pounds on Ryanair in the last few years. Do you think that gives me a right to complain about Michael Learys salary?
In a society where people are using food banks, your attitude that you are due more because you've blown your cash on football is pretty poor.
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10-09-2014 08:29 AM #63This quote is hidden because you are ignoring this member. Show Quote
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10-09-2014 11:21 AM #64
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10-09-2014 11:28 AM #65This quote is hidden because you are ignoring this member. Show Quote
Although it's not a term that I personally use, I have heard it defined in many ways, and I wanted to clarify which of these, if any, you are using.
None of the ones that I have heard of would fit in with your assertion, so I would assume that you have a different one.
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10-09-2014 11:43 AM #66
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10-09-2014 11:47 AM #67This quote is hidden because you are ignoring this member. Show Quote
On the basis of the definitions that I have heard used over the years, viz.
Money in the bank
Making profit
Net current assets
Net assets
Positive reserves
Accumulated profits
Combination of any or all of the above
your assertion would be incorrect.
However, I am open to being told what other measure one might use.
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10-09-2014 01:54 PM #68
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To get back on track here guys i posted originally looking for support at the comimg AGM asking for the chairman to step down as he has now very little support from the fans. But i don't really expept him to do so. What we got here is a failure to communicate..... some men you just can't reach.
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10-09-2014 05:24 PM #69This quote is hidden because you are ignoring this member. Show Quote
We always do pass that test, for good reason:-)
I still want him out for all the well established reasons but the basic business numbers do defy emotional attack. We have blown some money buying in and getting rid of people though.
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
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10-09-2014 05:25 PM #70This quote is hidden because you are ignoring this member. Show Quote
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
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10-09-2014 05:28 PM #71This quote is hidden because you are ignoring this member. Show Quote
Said it many times before. ...I want him to leave, but on the basis of facts and evidence, not half-baked agenda-led nonsense. We won't get rid of him if we stick to the latter.
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10-09-2014 06:37 PM #72This quote is hidden because you are ignoring this member. Show Quote
However he has done it, we do always seem to have had a decent balance sheet for a scottish football club under petrie but all that has been lost because of the state of the football team.
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
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10-09-2014 08:34 PM #73
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"Yes yes. I know that we offered contracts to three young players who had committed their youth to Hibernian Football Club, and then withdrew the offers in a matter of days, leaving them at risk of losing their careers. I know that we rewarded the only person at the club who has achieved any kind of on-field success in the past seven years by telling him he could keep his job at half the salary, and he is now gone.
But these hard decisions were necessary, necessary. They were necessary to plug the enormous gap that I had left in our finances by my eye-watering uselessness. And as a result of these hard decisions, and others like them, technically speaking, we are still in the black. And never forget, my friends, for a football club the over-riding concern is always to be technically speaking in the black.
That is what truly matters for a football club. That is what truly matters for Hibernian Football Club.
Thank you, my friends. Thank you."
(Vote Petrie out. Vote often.)Last edited by Nailrodders; 10-09-2014 at 08:37 PM.
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10-09-2014 09:00 PM #74
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10-09-2014 09:12 PM #75This quote is hidden because you are ignoring this member. Show Quote
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10-09-2014 09:18 PM #76
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While remaining technically in the black.
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10-09-2014 09:37 PM #77This quote is hidden because you are ignoring this member. Show Quote
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10-09-2014 09:56 PM #78This quote is hidden because you are ignoring this member. Show Quote
You'd be quicker just posting "Look at me! Look at me !" and being done with it.Follow the Hibs podcast, Longbangers, on Twitter (@longbangers)
https://longbangers.hubwave.net
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10-09-2014 11:58 PM #79
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When CWG asked what I meant by "being in the black", instead of suggesting that I meant the same thing as the poster to whom I was originally responding, I should have answered his question promptly and clearly, along the lines of:
"Being in the black" has no formal meaning. To different people it would mean different things. To a qualified accountant it might have a number of specific meanings, such as:
Money in the bank
Making profit
Net current assets
Net assets
Positive reserves
Accumulated profits
Combination of any or all of the above
I do not share the view that Mr Petrie has kept us in good financial health for many years. I share the view of Mr David Low, that the belief that the club is in good financial health is largely a myth. In particular, I take the view that right now the club is struggling to make ends meet at all. There are long-term reasons for this, for example the decline in attendances - which form the biggest source of revenue - that has accompanied our declining performances on the field. There are also short-term reasons, principally the fact that the club committed a very large sum of money - a sum that is unlikely to have been less than half a million pounds, and may have been considerably more - to the abortive recruitment and subsequent dismissal of Messrs Butcher, Malpas and Marsella.
However, I acknowledge that my statement that the club "is not and never has been in the black" was a lie, and CWG was right to pull me up on it. There have been occasions in the past when the club was in fact in good financial health.
Moving on to the post that caused Peevemore such anger. One of the reasons why I believe that the club is struggling to make ends meet lies in its treatment of the youth team and James McDonaugh this summer. The youth team finished a very creditable third in the under-20 league last season, a higher position than the senior team has achieved for many years. Three of the youth team were offered senior contracts. These contract offers were withdrawn in a matter of days, and the players have been left to make their own way and rebuild their careers however they can. McDonaugh, the only member of the coaching/management staff who has achieved any success at all in the last seven years, was told that he could keep his job at a reduced salary, and has now left the club. This is how these people, at the bottom of the club hierarchy, were rewarded for their success. There could be no 'football reason' for these moves, which must therefore have been made on financial grounds.
However, all of this is a point of view, and nothing more. I had no right to express this view through a satirical 'speech', supposedly delivered by Mr Petrie, which was in fact my own invention. Such devices have no place on fans' forums. I apologise to anyone who was offended by it.
In future, when I am trying to put forward my point of view on a thread and I receive a reply from Peevemore along the lines of:
Look, when you're in a hole it's best to stop digging. You're going round in circles with your daft non argument and, as someone else said so eloquently, you're boring the tits off us in the process. Why don't you give it a rest?
or:
Just ignore him. He's trying too hard again.
I will take his comments on board, stop posting on that thread, and remove myself from the forum for a couple of days.
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11-09-2014 01:07 AM #80
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Petrie must Go
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11-09-2014 07:18 AM #81This quote is hidden because you are ignoring this member. Show Quote
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
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