Of the >13,500 season tickets, UEFA money (>1million), John Mcginn fee (~2.8million - st Mirren), HSL, strip sales, Simon Murray fee, Dylan Mcgeouch contract offer (not taken) - how much of this will Lennon see to sign permanent contracts?
Happy with signings so far but the wallet must be bursting following a summer of income?
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Thread: Finances
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08-08-2018 10:09 PM #1
Finances
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08-08-2018 10:13 PM #2
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The building of the indoor pitch will have to come from somewhere and how many more years do we have of paying STF 500k? I’m sure this was all accounted for regardless of John Mcginn so should defiantly be enough in the bank for a decent singing + some for the future. Will be great once STF is paid in full and we have £500k extra per year which is no small amount
Last edited by Paul1642; 08-08-2018 at 10:16 PM.
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08-08-2018 10:15 PM #3This quote is hidden because you are ignoring this member. Show Quote
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08-08-2018 10:19 PM #4This quote is hidden because you are ignoring this member. Show Quote
In a way I don't mind that. As long as they are quality signings and not just signings for the sake of it, we'll all be happy.
Oh and by the way, according to our Gorgie chums all this incoming money is going straight into STF's back pocket!!
You've got to laugh at their naivety, poor wee lambs.😂😂
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08-08-2018 10:23 PM #6This quote is hidden because you are ignoring this member. Show Quote
Last edited by Bob Box Fish; 08-08-2018 at 10:28 PM.
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08-08-2018 10:27 PM #7This quote is hidden because you are ignoring this member. Show Quote
Whilst it's almost certain not all incoming 'extra' funds will go straight into the transfer pot, it will more than likely be put to good use on capital expenditure - as already mentioned - the indoor pitch at EM for example. All a benefit to the club overall.
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08-08-2018 10:35 PM #8This quote is hidden because you are ignoring this member. Show Quote
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08-08-2018 10:36 PM #9
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08-08-2018 10:50 PM #10This quote is hidden because you are ignoring this member. Show QuoteMon the Hibs.
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08-08-2018 11:11 PM #11
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08-08-2018 11:15 PM #12
What’s our headline figures? How much do we owe to STF? Any mortgage/ stand/ east mains payments outstanding? (Other than Running costs). Are we in the black?
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09-08-2018 01:11 AM #13
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I’ll take a gamble and say we’ve sold 5k of our new tops that’s at least 250’000 for next year tho...
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09-08-2018 02:11 AM #14This quote is hidden because you are ignoring this member. Show Quote
The next accounts for the year to 30th June 2018 shall cover our first year back in the SPFL and shall reflect the vastly increased prize money from a 4th place finish, increased gate receipts through higher season ticket sales and increased away fans attendances a ER, with 2 sell out derbys, 4 home Celtic/Rangers fixtures and also Aberdeen’s healthy away support in addition to the League Cup semi run.
I would be very surprised if those accounts, probably to be published in perhaps the late autumn of of this year do not show a marked improvement in the previous years small loss.
The proceeds from the SJM sale, and The Europa League appearance money plus’s attendances (minus costs of charter flights and hotel accommodation) shall be refelected in the next years accounts which shall run to 30th June 2019.
The latter two years accounts should also reflect an upward curve in donations from HSL following increased publicity and membership in these years.
Of course running a professional football club is a costly enterprise but I feel that in our circumstances our board have done and are doing a pretty outstanding job of it and deserve praise for this.
I have been a a shareholder since the calamitous days of Duff and Gray and can scarcely believe where our club stands now in terms of stadium and infastructure.
I can only summise that we are now by far and away in the best financial shape that we have ever been since then particularly when the said stadium and infrastructure are taken into account and compared to what it was.
We are I’m sure in a a very stable position and must be the envy of others.
I suppose I’m a bit of an old timer but to compare this to the days when the AGM had to be held in Portobello Town Hall for want of a suitable venue , the training facilities were non existent the and the attendances we had then and now, well the comparison is scarcely believable and this all after 3 years in the first division! All involved us fans included, should be very satisfied.Last edited by Bobby Moore; 09-08-2018 at 02:30 AM.
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09-08-2018 05:20 AM #15
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09-08-2018 05:27 AM #16
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I think Lennon should be given 2 million to bolster the squad. Unfortunately don't think that will be the case.
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09-08-2018 05:40 AM #17
Remember the loanee players don’t come free. We will be paying high wages and/or a fee
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09-08-2018 06:48 AM #18This quote is hidden because you are ignoring this member. Show Quote
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09-08-2018 07:35 AM #19
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Or is that your pitch at the AGM for a dividend
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09-08-2018 07:38 AM #20
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09-08-2018 07:49 AM #21This quote is hidden because you are ignoring this member. Show Quote
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09-08-2018 07:51 AM #22
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09-08-2018 07:51 AM #23This quote is hidden because you are ignoring this member. Show Quote
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09-08-2018 09:24 AM #24
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Given that LD said that NL has the biggest budget ever for the footballing side of Hibs ...the money indoor pitch, STF loan will all have been sitting on the other side of the budgets ...so he had what he had ..since then Murray away for 150 k, Europa run ..still profit in that from home crowds even if most of the rest has apparently gone on expenses !! Now mcginn money ...what struggle with is that whilst it will have cost us for Flo, Mallan, Bogdan ...we were for whatever not attempting to get a replacement in for McGinn even though we knew he would go ..sure we hadmoney.to spend without waiting for his money ?? My reason for thinking we.seem to have been waiting is that as soon as he goes we bring in a midfielder within a couple of hours ?? Not sure whats happening or why we.seem.to have been holding off but its not helped our cause in getting players in...timeously.
We wi never lnow the facts but it does raise questions !!
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09-08-2018 09:30 AM #25
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This article in EEN says we've also brought in a bit more money from Jason Cummings. I wouldn't imagine it is very much, but every mickle maks a muckle, as they don't say in France.
Remember, though, we've already forked out £250-300k in transfer fees for Kamberi and Mallan.Last edited by GloryGlory; 09-08-2018 at 09:49 AM.
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09-08-2018 09:32 AM #26
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09-08-2018 09:33 AM #27This quote is hidden because you are ignoring this member. Show Quote
Before the SJM transfer was factored in, we had the budget for players A B and C. Now that SJM is away, we can afford X Y and Z.
We played the English window well, in that we would know when it shut whether we would be able to go for X Y and Z. And we now have 3 weeks in which to close those deals.
Y has a dodgy knee, though. Just saying.
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09-08-2018 09:35 AM #28
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09-08-2018 09:45 AM #29This quote is hidden because you are ignoring this member. Show Quote
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09-08-2018 10:21 AM #30This quote is hidden because you are ignoring this member. Show Quote
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