Yam accounts

[The 90+2]

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Yeah, I hate using that as point scoring. OK, they may have stolen a bit of charity money, but considering they single-handedly won WW1 I think we can probably call it quits!

😁😁 fair point.

[PatHead]

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You where doing well until you started using poppy charities as point scoring to be honest.

Really don’t know why you have a problem with that fact. It is not point scoring.

Only the lowest of the low steal from charities.

[The 90+2]

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Really don’t know why you have a problem with that fact. It is not point scoring.

Only the lowest of the low steal from charities.

It’s most definitely point scoring.

They, as a football club took the services of a charity knowing fine well looking at when they went into admin that was never going to be paid for, absolutely disgusting behaviour, we know it and they know it. Keep it dignified though instead of rubbing it in their faces to point score - It just makes us look unclassy.

[PatHead]

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It’s most definitely point scoring.

They, as a football club took the services of a charity knowing fine well looking at when they went into admin that was never going to be paid for, absolutely disgusting behaviour, we know it and they know it. Keep it dignified though instead of rubbing it in their faces to point score - It just makes us look unclassy.

Could not care one jot about their feelings or what they think about us. Bottom line is that we would never steal from a charity either Earl Haig or their own charity who were also creditors.

[The 90+2]

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Could not care one jot about their feelings or what they think about us. Bottom line is that we would never steal from a charity either Earl Haig or their own charity who were also creditors.

That’s because we are fortunate enough to be ran and owned by a magnificent businessman and human being. I can’t be certain but I’m pretty hopeful as normal human beings that if their support knew that this was outstanding prior to the creditor list it would have been paid off. I’m not a hearts fan, I genuinely can’t stand them and the majority of what they stand for but this isn’t a reason to point score for me. It’s extremely distasteful.

[PatHead]

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That’s because we are fortunate enough to be ran and owned by a magnificent businessman and human being. I can’t be certain but I’m pretty hopeful as normal human beings that if their support knew that this was outstanding prior to the creditor list it would have been paid off. I’m not a hearts fan, I genuinely can’t stand them and the majority of what they stand for but this isn’t a reason to point score for me. It’s extremely distasteful.

We will just need to disagree then. I don’t find it distasteful. Nothing wrong reminding someone how low their club had sunk, How low their moral compass was at that time.

Especially when they lord over us about that final.

[Bostonhibby]

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You seem incredibly sensitive about this.

It's almost as if it should just be forgotten about.

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[The 90+2]

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We will just need to disagree then. I don’t find it distasteful. Nothing wrong reminding someone how low their club had sunk, How low their moral compass was at that time.

Especially when they lord over us about that final.

I don’t mingle with any of them to know about lording over the final and I take an instant dislike to any hearts fan I meet. That cup final matters nothing after how I felt when we won the cup. I kind of thought it would have eradicated any bitterness from 2012 because I couldn’t care about any loss now but I suppose if it’s thrown in your face like you said I understand.

[Moulin Yarns]

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I don’t mingle with any of them to know about lording over the final and I take an instant dislike to any hearts fan I meet. That cup final matters nothing after how I felt when we won the cup. I kind of thought it would have eradicated any bitterness from 2012 because I couldn’t care about any loss now but I suppose if it’s thrown in your face like you said I understand.

Have you tried therapy?

Seriously, you take an instant dislike to any Hearts fan you meet? I have a dislike of the Rangers, but had a civilised conversation with one of their fans today, discussed Lennon, the 'trouble' at Tynecastle, Scotland and the call offs. Not once did we come to blows about anything. You must be a sad person if you need to dislike fans of a rival club.

[The 90+2]

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Have you tried therapy?

Seriously, you take an instant dislike to any Hearts fan you meet? I have a dislike of the Rangers, but had a civilised conversation with one of their fans today, discussed Lennon, the 'trouble' at Tynecastle, Scotland and the call offs. Not once did we come to blows about anything. You must be a sad person if you need to dislike fans of a rival club.

I must be sad then but I can’t take to hearts fans.

I still wouldn’t use bumping charities to point score though.

[Moulin Yarns]

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I must be sad then but I can’t take to hearts fans.

I still wouldn’t use bumping charities to point score though.

Agreed that point scoring on the charity losing out because a business goes into administration is not clever.

[Criswell]

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I must be sad then but I can’t take to hearts fans.

I still wouldn’t use bumping charities to point score though.

I think stepping away from the keyboard for a period of time would be a benefit for everyone.

[where'stheslope]

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Agreed that point scoring on the charity losing out because a business goes into administration is not clever.

I'm maybe not going with the flow here, but, did I not read that the charities were paid the money owed by someone?
It seems to me that if they paid every amount they were owing, some on here would be totalling the interest they are also due!!!

[PatHead]

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I'm maybe not going with the flow here, but, did I not read that the charities were paid the money owed by someone?
It seems to me that if they paid every amount they were owing, some on here would be totalling the interest they are also due!!!

As far as I remember, Hearts own charity (Big Hearts?) said that the amount they were due could be offset by rent they were due to Hearts. Really!

The poppies debt was matched by a donation from a third party, some say STF others by embarrassed Hearts supporters.

Neither debt was settled by administrators.

[blackpoolhibs]

There's an awfy stench of sweet potato on this thread.

[broondog]

have said it before but this thread is pathetic and absolutly reeks.the number of "Hibs" fans sticking up for the Yams is really quite ridiculous i suspect many are undercoer Yams but some are our own fans who seems to have forgotten everything.i hate hearts, hate their smug fans and everything about theur club.anyone who thinks different really shouldn't bother coming to Easter Road.

they are **** and have been conducting dodgy dealings as long as i remember - they should be given no credit whatsoever for "saving" their club - they got lucky and ended up ripping off lots of people without a hint or remorse.

[poolman]

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I don’t mingle with any of them to know about lording over the final and I take an instant dislike to any hearts fan I meet. That cup final matters nothing after how I felt when we won the cup. I kind of thought it would have eradicated any bitterness from 2012 because I couldn’t care about any loss now but I suppose if it’s thrown in your face like you said I understand.

Jeezo, that's a sad post

Some of my best mates are Yams and my local pub is the Diggers where we have some great banter

Sad you can take an instant dislike to some people, can't understand that

[cocteautwin]

This thread has gone a bit off topic. Let’s look at the important numbers when analysing HMFC accounts:

TOTAL AMOUNTS SPENT SINCE ADMINISTRATION (OVER AND ABOVE THE NORMAL DAY TO DAY INCOME OF A FOOTBALL CLUB):


£ 6.9m = FoH payments detailed in Annual Accounts up to 30 June 2018
£ 2.6m = BIDCO loan contributed by Budge
£ 1.7m = Budge extra loan
£ 4.5m = Anonymous Donations
£ 3.3m = Donations in 2018 post financial year end (no further details disclosed from HMFC)
£ 1.3m = Save the Children sponsorship “project”
£20.3m = TOTAL EXTRANEOUS FUNDS SPENT


KEY PERFORMANCE INDICATORS:

0 = number of trophies Hearts have won since Hearts fans spent over £20m on the project
1 = number of trophies Hibs have won since Hearts fans spent over £20m on the project

[CropleyWasGod]

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This thread has gone a bit off topic. Let’s look at the important numbers when analysing HMFC accounts:

TOTAL AMOUNTS SPENT SINCE ADMINISTRATION (OVER AND ABOVE THE NORMAL DAY TO DAY INCOME OF A FOOTBALL CLUB):


£ 6.9m = FoH payments detailed in Annual Accounts up to 30 June 2018
£ 2.6m = BIDCO loan contributed by Budge
£ 1.7m = Budge extra loan
£ 4.5m = Anonymous Donations
£ 3.3m = Donations in 2018 post financial year end (no further details disclosed from HMFC)
£ 1.3m = Save the Children sponsorship “project”
£20.3m = TOTAL EXTRANEOUS FUNDS SPENT


KEY PERFORMANCE INDICATORS:

0 = number of trophies Hearts have won since Hearts fans spent over £20m on the project
1 = number of trophies Hibs have won since Hearts fans spent over £20m on the project

I'm not sure why you would include the sponsorship money in there as that, to me, is part of a football club's normal income.

However, for clarity,

KPI 2.... spent £18m on a stand and pitch.

[One Day Soon]

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I'm not sure why you would include the sponsorship money in there as that, to me, is part of a football club's normal income.

However, for clarity,

KPI 2.... spent £18m on a stand and pitch.

KPI 2 needs amending to: 'spent £18m on a stand and pitch - so far...'

[cocteautwin]

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I'm not sure why you would include the sponsorship money in there as that, to me, is part of a football club's normal income.

However, for clarity,

KPI 2.... spent £18m on a stand and pitch.

It's a weird one I agree but it was money contributed by HMFC people rather than by external parties so I've included it in the spend. I don't understand why they didn't get external sponsorship AND the money taken in from the STC transaction. They could have had an extra £1.3m by now as I'm sure they wouldn't be short of potential sponsors.

[greenginger]

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It's a weird one I agree but it was money contributed by HMFC people rather than by external parties so I've included it in the spend. I don't understand why they didn't get external sponsorship AND the money taken in from the STC transaction. They could have had an extra £1.3m by now as I'm sure they wouldn't be short of potential sponsors.

The short answer is Tax manipulation.

[Steve20]

The real sad thing in this thread is noticing how many people still say Yams. It's always been awful and it's hardly even a great insult. Stunned it still gets used.

[cocteautwin]

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The short answer is Tax manipulation.

I'm not sure. It's been discussed here before and no-one could come up with what the tax manipulation scheme might be.

[greenginger]

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I'm not sure. It's been discussed here before and no-one could come up with what the tax manipulation scheme might be.

Is it not something like the Yam donors put their cash into the Save the Children charity and get a hefty tax break for those donations.

The donations are made on the " agreement " that the charity pays Hearts to put their name on the jerseys.

The funding is roughly 55% Yam donors / 45% Tax rebates.

[CropleyWasGod]

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Is it not something like the Yam donors put their cash into the Save the Children charity and get a hefty tax break for those donations.

The donations are made on the " agreement " that the charity pays Hearts to put their name on the jerseys.

The funding is roughly 55% Yam donors / 45% Tax rebates.

The donors don't get any tax relief for charitable contrubutions, unless they're Higher-rate taxpayers.

However, for every £1 that someone donates, STC can claim 25p from HMRC.

Is that what you were meaning?

[Tornadoes70]

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The real sad thing in this thread is noticing how many people still say Yams. It's always been awful and it's hardly even a great insult. Stunned it still gets used.

I cannot see any harm in calling the Yams the Yams. It rhymes with Bams and Jams and they are mostly a bunch of neanderthal lacking brain cell potato heads. And as you rightly say its not that big an insult which is surely a good thing as we don't want to become like the bigot sisters. I like it albeit don't always use it and can't see any reason to stop as its light hearted enough.

[Bostonhibby]

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The real sad thing in this thread is noticing how many people still say Yams. It's always been awful and it's hardly even a great insult. Stunned it still gets used.

Been done to death on other threads in the past but there's quite a few who like it and have used it for a long time. I'm one of them and whilst I like and use others as well, until there's an official Hibs.net approved list I'm going to use what I like and ignore the ones I don't. It's easy.



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[green day]

If I was a hearts fan reading this thread I would be pissing myself laughing at the ludicrous tin foil hat conspiracy theories being bandied about.

As one or two have mentioned, any accountant signing off accounts knowing or suspecting they were bent would be out on his ear and never work again.

They have people who want to give them money, and Budge is loaning them more cash.

Those people didn't want to flush it down the drain during the Administration event (perhaps because they are not stupid?).

It's not difficult to understand.........

[cocteautwin]

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If I was a hearts fan reading this thread I would be pissing myself laughing at the ludicrous tin foil hat conspiracy theories being bandied about.

As one or two have mentioned, any accountant signing off accounts knowing or suspecting they were bent would be out on his ear and never work again.

They have people who want to give them money, and Budge is loaning them more cash.

Those people didn't want to flush it down the drain during the Administration event (perhaps because they are not stupid?).

It's not difficult to understand.........

This is the important thing for me. The disparity in cash thrown at project HMFC versus the cash thrown at project HFC is massive.

If they spend £20m+ and win nothing we get to laugh at them. If they spend £20m+ and win a trophy then we know part of the reason why.