Hibernian Retail Income

[Hibby Bairn]

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The sponsorship income in their last accounts was £1.8m, which seems reasonable.

The main question seems to be about their "commercial income" of £4.7m, and how that is so high. Unfortunately, we don't analyse our income in the published accounts, which makes comparisons difficult.

However, their staff costs, at £6.8m, are much higher than ours (£3.7m), which suggests that the additional costs are incurred by the commercial operation. How much profit is generated (in either case) is difficult to tell.

Bottom line, though.... we made a profit on a much smaller turnover. They made a loss.

133 staff (including players/coaching) which seems high.

[fatbloke]

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Aberdeen's accounts are very suspicious. They have a massive turnover on much lower crowds than us or Hearts.


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That will be all that wool they trade in