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50HIBBY
31-05-2014, 11:40 AM
Does anyone how much debt other clubs have ? (First post,be gentle chears)


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Thecat23
31-05-2014, 11:41 AM
http://www.hibernianfc.co.uk/news/20131002/hibernian-fc-2013-agm_2262950_3478486

Spike Mandela
31-05-2014, 12:07 PM
A year or so out of date but gives you a wee idea......

https://scottishfootballmonitor.wordpress.com/tag/scottish-football-finance/

Waxy
31-05-2014, 12:17 PM
The club does not have a bank overdraft.

Billy Whizz
31-05-2014, 12:24 PM
A year or so out of date but gives you a wee idea......

https://scottishfootballmonitor.wordpress.com/tag/scottish-football-finance/

Good link, interesting read

Keith_M
31-05-2014, 12:32 PM
Does anyone how much debt other clubs have ? (First post,be gentle chears)


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Why other clubs?

greenginger
31-05-2014, 01:16 PM
I would put our " practical " debt at £ 9.158 million at 31/7/2013.

Made up of the stadium mortgages, parent company loans and trade creditors. I've discounted deferred income as that is season ticket sales and we finished the season.
Also discounted the stadium value as I think we would need to retain Easter Road.


No doubt Cav or Crops or both will be along to correct me shortly. :greengrin

PS. Expect debt to rise to about £ 10 million in the next accounts.

Kaiser1962
31-05-2014, 01:34 PM
I would put our " practical " debt at £ 9.158 million at 31/7/2013.

Made up of the stadium mortgages, parent company loans and trade creditors. I've discounted deferred income as that is season ticket sales and we finished the season.
Also discounted the stadium value as I think we would need to retain Easter Road.


No doubt Cav or Crops or both will be along to correct me shortly. :greengrin

PS. Expect debt to rise to about £ 10 million in the next accounts.


And its only good that this board has guys that are scrutinising these things.

Spike Mandela
31-05-2014, 02:48 PM
I would put our " practical " debt at £ 9.158 million at 31/7/2013.

Made up of the stadium mortgages, parent company loans and trade creditors. I've discounted deferred income as that is season ticket sales and we finished the season.
Also discounted the stadium value as I think we would need to retain Easter Road.


No doubt Cav or Crops or both will be along to correct me shortly. :greengrin

PS. Expect debt to rise to about £ 10 million in the next accounts.

Biggest debt in the Championship then I take it?

Keith_M
31-05-2014, 03:00 PM
Why is everyone telling the guy how much debt HIBS have?

He didn't ask that.

50HIBBY
31-05-2014, 04:36 PM
I was only wondering how other teams debts compared with ours ?

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ekhibee
31-05-2014, 05:02 PM
A year or so out of date but gives you a wee idea......

https://scottishfootballmonitor.wordpress.com/tag/scottish-football-finance/

That just shows what an appalling amount of money Hearts overspent by. To think they won't be paying even half of it back is an absolute disgrace.

greenginger
31-05-2014, 06:03 PM
That just shows what an appalling amount of money Hearts overspent by. To think they won't be paying even half of it back is an absolute disgrace.


less than half the debt :confused: :confused:


Try less than 5% of the debt :agree:

ekhibee
01-06-2014, 12:25 AM
less than half the debt :confused: :confused:


Try less than 5% of the debt :agree:

Good point, I wasn't sure exactly how much.