Yam accounts

[Tynie01011973]

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Sold Lafferty

Accounts are to 30 June 2018,so Lafferty sale will not be included till next year

[Ronniekirk]

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It is a lot, and it is accurate. 8000 fans chipping in 15 quid a month (on average) and bingo.

Fair play to them, they answered the call magnificently on that one.

Why is. IBingo putting money into Hibs and Hearts 😎

[Jack]

Can someone who knows what they're doing do a Hibs, hearts comparison of the more meaningful figures?

In hate TIA but thanks in advance :-)

[Rocky]

Could the difference in cash balance be related to Zebra finance terms? If I understand correctly with Hibs arrangement, Zebra hand over the full whack to Hibs up front, then collect DDs from supporters through the year. Perhaps with hearts financial history they're not prepared to do that, and hand over a monthly sum instead after collections have been made?

[Smartie]

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The boy'll no' be getting a bike for Christmas again this year. Washing machine will have to keep spinning just a little bit longer. Auld Jimmy will just have to settle for the pine cask, it's what he would have wanted. There's nowt wrong wi' Cleethorpes - thon Spain's over-rated. Rovers are fabulous machines, there's a few thousand miles in the old jalopy yet. And as for that cardigan, well the wife can aye sew on a wee elbow patch. Now, how do I increase my donation so that we can sign wee Stevie on a permanent deal?

Pish doesn't show on maroon cords, as the well-known phrase goes.

[CropleyWasGod]

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First bit strikes me as a huge increase. What are the current liabilities?

Second bit, how are FOH raising £120,000 per month? That sounds a lot.

Sorry, slightly misled you there.

"net" current liabilities are up by that amount.

Most of that increase is due, as CG has said, to the drop in cash of almost £5.5m. And then there's the £170k loan.

And, they don't seem to be paying their bills as quickly as before.... a 33% increase in unpaid bills ...

[CropleyWasGod]

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Accounts are to 30 June 2018,so Lafferty sale will not be included till next year

Yep, but BW was answering my question about who they sold this season. That money will help ease their apparent cash shortage.

[Moulin Yarns]

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Yep, but BW was answering my question about who they sold this season. That money will help ease their apparent cash shortage.

That will depend on the terms of the deal though. Dead club v imitation dead club would be quite interesting to see who got the best deal on payment terms.

[CropleyWasGod]

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First off al not fiarplay to them, they have cheated for years ripping off charities and small businesses without any of their fans batting an eyelid and no repurcussions. they got away with murder literally when they came out the other end unscathed - the luckiest, dirtiest club in the world bar none.

these are the same ****bags that go about edinburgh like they doing ther bit for the community spouting off like they are a proud and successful club - bollocks. if you want to give them credit after everything that´s happened you´re as well not supporting hibs, youre on the wrong forum and suporting the wrong team.

the other thing I highly doubt are the figures. first of all where is this mystery money coming from?i really think something fishy is going on and I started trying to get to the bottom of it sometime ago but haven´t been able to get definitive answers. I think more on here need to make an effort to try and uncover the dodgy dealings that are clearly happening behind the scenes at Hearts. they have cheated many times before and I really think they are trying to give themselves an unfair advantage. can you imagine how far ahead we would be with a level playing field? we have dominated them for the past 4 or 5 years with no advantages, no help from the SFA, SRU or corrupt millionaire donations.

starting to get quite sick of it also highly doubt they have 8000 people paying 15 pounds each every month in the same way that they didn´t have 400,000 fans at the parade the last time they won the cup. don´t take anything coming out of Tynecatle at face value.

So, what you're saying is that the auditors are either incompetent, or are complicit in these "dodgy dealings that are clearly happening behind the scenes at Hearts."

By the way, who did they literally murder?

[Hibernia&Alba]

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Sorry, slightly misled you there.

"net" current liabilities are up by that amount.

Most of that increase is due, as CG has said, to the drop in cash of almost £5.5m. And then there's the £170k loan.

And, they don't seem top be paying their bills as quickly as before.... a 33% increase in unpaid bills ...

Okay mate, thanks to yourself and Caversham Green for the customary good information for those of us who don't know a balance sheet from a hymn sheet.

[Hibernia&Alba]

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First off al not fiarplay to them, they have cheated for years ripping off charities and small businesses without any of their fans batting an eyelid and no repurcussions. they got away with murder literally when they came out the other end unscathed - the luckiest, dirtiest club in the world bar none.

these are the same ****bags that go about edinburgh like they doing ther bit for the community spouting off like they are a proud and successful club - bollocks. if you want to give them credit after everything that´s happened you´re as well not supporting hibs, youre on the wrong forum and suporting the wrong team.

the other thing I highly doubt are the figures. first of all where is this mystery money coming from?i really think something fishy is going on and I started trying to get to the bottom of it sometime ago but haven´t been able to get definitive answers. I think more on here need to make an effort to try and uncover the dodgy dealings that are clearly happening behind the scenes at Hearts. they have cheated many times before and I really think they are trying to give themselves an unfair advantage. can you imagine how far ahead we would be with a level playing field? we have dominated them for the past 4 or 5 years with no advantages, no help from the SFA, SRU or corrupt millionaire donations.

starting to get quite sick of it also highly doubt they have 8000 people paying 15 pounds each every month in the same way that they didn´t have 400,000 fans at the parade the last time they won the cup. don´t take anything coming out of Tynecatle at face value.

You're right about past dodgy dealings, but, in mitigation, it wasn't the fans who were responsible for that. As is often the case, it was the fans who had to pony up when the keek hit the fan. The Hearts support ensured the club could continue after the mismanagement and criminality of the owners.

[One Day Soon]

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The boy'll no' be getting a bike for Christmas again this year. Washing machine will have to keep spinning just a little bit longer. Auld Jimmy will just have to settle for the pine cask, it's what he would have wanted. There's nowt wrong wi' Cleethorpes - thon Spain's over-rated. Rovers are fabulous machines, there's a few thousand miles in the old jalopy yet. And as for that cardigan, well the wife can aye sew on a wee elbow patch. Now, how do I increase my donation so that we can sign wee Stevie on a permanent deal?

Classic stuff but missing an important element: "Ah'll just hae tae reduce the Ambassador Sauna visits tae every second month."

[Pagan Hibernia]

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First off al not fiarplay to them, they have cheated for years ripping off charities and small businesses without any of their fans batting an eyelid and no repurcussions. they got away with murder literally when they came out the other end unscathed - the luckiest, dirtiest club in the world bar none.

these are the same ****bags that go about edinburgh like they doing ther bit for the community spouting off like they are a proud and successful club - bollocks. if you want to give them credit after everything that´s happened you´re as well not supporting hibs, youre on the wrong forum and suporting the wrong team.

the other thing I highly doubt are the figures. first of all where is this mystery money coming from?i really think something fishy is going on and I started trying to get to the bottom of it sometime ago but haven´t been able to get definitive answers. I think more on here need to make an effort to try and uncover the dodgy dealings that are clearly happening behind the scenes at Hearts. they have cheated many times before and I really think they are trying to give themselves an unfair advantage. can you imagine how far ahead we would be with a level playing field? we have dominated them for the past 4 or 5 years with no advantages, no help from the SFA, SRU or corrupt millionaire donations.

starting to get quite sick of it also highly doubt they have 8000 people paying 15 pounds each every month in the same way that they didn´t have 400,000 fans at the parade the last time they won the cup. don´t take anything coming out of Tynecatle at face value.

I’m pretty certain I’m not supporting the wrong team, but thanks for the advice.

Of course their past behavior has been despicable in all sorts of ways. My observation that 120k coming from supporters every month is impressive is the only credit they’ll ever get from me.

[cmcd]

I for one don't give a hoot about another club's finances.I just don't understand why anyone other than Hearts fans would want to start a thread about them .Only my opinion

[MWHIBBIES]

Could Budge not just be lying about it being her giving them money? Recent revelations show Man City been doing it for years. Is there any reason to believe it is definitely not her?

Genuine question, not my area of expertise at all.

[MWHIBBIES]

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I for one don't give a hoot about another club's finances.I just don't understand why anyone other than Hearts fans would want to start a thread about them .Only my opinion

You care enough to open the thread and post 🤔🤔

[Keith_M]

I think their Mystery Benefactor is Alex Salmond, the one that persuaded the Liquidators to give over the Club without paying off ANY debt. He's quite obviously using the money he receives from Russia Today... funnily enough Russia is where Romanov is now in hiding.

Not that I'm one to start any ludicrous conspiracy theories about any dodgy Russian money being laundered through the UK, via a dodgy football club, and Salmond having inside info to use as leverage for further funds............

[Hibernia&Alba]

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I for one don't give a hoot about another club's finances.I just don't understand why anyone other than Hearts fans would want to start a thread about them .Only my opinion

1, Given their recent problems, it's an interesting issue.
2, As our biggest rivals, their budget is relevant to us also.

If you aren't interested, fair enough; but it seems a reasonable topic of conversation on a Hibs fan site.

[CropleyWasGod]

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Could Budge not just be lying about it being her giving them money? Recent revelations show Man City been doing it for years. Is there any reason to believe it is definitely not her?

Genuine question, not my area of expertise at all.

A few things:-

1. if it were her, IMO she would shouting it from the rooftops. She has, after all, given them loans of over £4m, so why wouldn't she proclaim her saviour status even more?

2. if it were her, she would be charging them "market rates" of interest, rather than throwing it down a vomitorium.

3. the auditors will need to see proof of where the donations came from, both from an audit perspective and a money-laundering perspective. So, to fool them, she would have to concoct some sort of plausible 3rd-party evidence to show it was "someone else". Or, she would have to bring them into her scam. But, again, to what end??

[Ozyhibby]

That’s a strong allegation Broondog.


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[Ozyhibby]

https://twitter.com/kieranmaguire/st...208923648?s=21

More info on this twitter thread.


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[CropleyWasGod]

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https://twitter.com/kieranmaguire/st...208923648?s=21

More info on this twitter thread.


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He's not comparing like with like when he mentions us.

Hearts have their catering and shop operations in-house. We don't. Therefore it's wrong to just look at Turnover as a relevant measure.

[Hibs4185]

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A few things:-

1. if it were her, would she not be shouting it from the rooftops? She has, after all, given them loans of over £4m, so why wouldn't she proclaim her saviour status even more?

2. if it were her, would she not be charging them "market rates" of interest, rather than throwing it down a vomitorium?

3. the auditors will need to see proof of where the donations came from, both from an audit perspective and a money-laundering perspective. So, to fool them, she would have to concoct some sort of plausible 3rd-party evidence to show it was "someone else". Or, she would have to bring them into her scam. But, again, to what end??

CWG whilst I normally agree with you, in regards to point 1 I disagree. last year when Budge announced they had a facility of £1.75 million, she made no mention that it was herself that was providing the facility. She could have said I’ve made available £1.75 million and rather than dealing with an outside financial institution I am lending the money on market rates. Queue massive praise from the Fans.

Why would she not announce it was her and take the plaudits?

My only concern from their accounts is why we are not matching their turnover. They’ve made actual losses the last 2 years without their mysterious benefactor, and as I argued last year where was this mysterious benefactor when the club nearly died?

I am certain it is Budge. The family that own the Buccleuch estate are tight and wouldn’t fritter millions on a football club.

[cmcd]

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You care enough to open the thread and post 🤔🤔

Nope I have read first two posts only because as I have said they are of no significance to me .

[Hi Heid Yin]

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First off al not fiarplay to them, they have cheated for years ripping off charities and small businesses without any of their fans batting an eyelid and no repurcussions. they got away with murder literally when they came out the other end unscathed - the luckiest, dirtiest club in the world bar none.

these are the same ****bags that go about edinburgh like they doing ther bit for the community spouting off like they are a proud and successful club - bollocks. if you want to give them credit after everything that´s happened you´re as well not supporting hibs, youre on the wrong forum and suporting the wrong team.

the other thing I highly doubt are the figures. first of all where is this mystery money coming from?i really think something fishy is going on and I started trying to get to the bottom of it sometime ago but haven´t been able to get definitive answers. I think more on here need to make an effort to try and uncover the dodgy dealings that are clearly happening behind the scenes at Hearts. they have cheated many times before and I really think they are trying to give themselves an unfair advantage. can you imagine how far ahead we would be with a level playing field? we have dominated them for the past 4 or 5 years with no advantages, no help from the SFA, SRU or corrupt millionaire donations.

starting to get quite sick of it also highly doubt they have 8000 people paying 15 pounds each every month in the same way that they didn´t have 400,000 fans at the parade the last time they won the cup. don´t take anything coming out of Tynecatle at face value.

All these secret benefactors and the 8,000 FOH should be doing the moral thing and paying off every creditor they shafted during those corrupt years, where the debt ran to 40 plus million.
It grates that they slithered away Scot free from the huge noose around their necks, to continue as though nothing happened.

[CropleyWasGod]

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CWG whilst I normally agree with you, in regards to point 1 I disagree. last year when Budge announced they had a facility of £1.75 million, she made no mention that it was herself that was providing the facility. She could have said I’ve made available £1.75 million and rather than dealing with an outside financial institution I am lending the money on market rates. Queue massive praise from the Fans.

Why would she not announce it was her and take the plaudits?

My only concern from their accounts is why we are not matching their turnover. They’ve made actual losses the last 2 years without their mysterious benefactor, and as I argued last year where was this mysterious benefactor when the club nearly died?

I am certain it is Budge. The family that own the Buccleuch estate are tight and wouldn’t fritter millions on a football club.

1. the loan was made this year, though, hence the need to refer to it in this year's accounts. Last year, they referred to a "facility" that was made available after the year-end which hadn't been drawn down at that point.

2. on the turnover, we don't match theirs because we don't have our catering and commercial operations in-house. They do, therefore their turnover is bound to be much higher. However, so are their wages and related overheads. For example, they have 275 employees, as against our 100.

If you're certain it is her, though, I'd be keen to hear the evidence.

[Hibrandenburg]

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Nope I have read first two posts only because as I have said they are of no significance to me .

You've managed to get to page 2 now though

[The 90+2]

Surely without donations they aren’t being ran that well at all?

[CropleyWasGod]

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Surely without donations they aren’t being ran that well at all?

As Cav says, they probably broke even without the donations. That's okay, TBF, and is what we aspire to.

[Billy Whizz]

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Accounts are to 30 June 2018,so Lafferty sale will not be included till next year

Think Crops meant player sales this season