The Takeover Megathread (David Low Bid Rejected)

[grunt]

David Low appears to support the idea of Hibs and Hearts ground-sharing.
Perhaps this may have been in his mind when he was seeking to buy Hibs earlier this year?



Jim Spence ‏@bbcjimspence 3h3 hours ago (https://twitter.com/bbcjimspence/status/537624572380467200)
Should '@HibsOfficial (https://twitter.com/HibsOfficial) /@JamTarts (https://twitter.com/JamTarts) groundshare. Should @dundeefconline (https://twitter.com/dundeefconline)/@dundeeunitedfc (https://twitter.com/dundeeunitedfc) do the same. Or is it too late for that to happen.

David Low ‏@Heavidor (https://twitter.com/Heavidor)4m4 minutes ago (https://twitter.com/Heavidor/status/537665884886933505) Carlisle, North West (https://twitter.com/search?q=place%3A47ff4825f135014a)
@bbcjimspence (https://twitter.com/bbcjimspence) @HibsOfficial (https://twitter.com/HibsOfficial) @JamTarts (https://twitter.com/JamTarts) @dundeefconline (https://twitter.com/dundeefconline) @dundeeunitedfc (https://twitter.com/dundeeunitedfc) of course they should, no brainer, not too late.

[Ozyhibby]

We can ground share if they are tennants paying us rent. Nothing else would be acceptable.

[basehibby]

Got to say I'm confused as I've been too busy lately to follow this thread closely (or maybe I'd be even more confused if I had!)

This David Lowe gadge - when did his bid get rejected - I'm shamed to say I didn't even notice :confused:

Is the part-fan buy out idea proposed by Kano and others still on the table as well? Any further details emerged about it???

Has Farmer/Petrie made any indication whatsoever as to what kind of price / terms would be acceptable? Or does he not want to sell at all? And if that's the case why doesn't he get his wad out and ***** some cash in the 1st team's direction bloody pronto :cb

NB - I got a bit carried away there towards the end there I know - but anyone that could provide some clarity re the first few questions - would be greatly appreciated - ta :aok:

[jacomo]

David Low had his week in the sun around September IIRC. He bid £3m or so, got rejected, went public and criticised STF as well as confirming he was a Celtc fan.

He might have claimed to be fronting a consortium too, as these chancers are wont to do. Thank God it went no further.

[Weststandwanab]

We can ground share if they are tennants paying us rent. Nothing else would be acceptable.

I cold not agree more but I think they will end up at Livingston's Stadium

[basehibby]

David Low had his week in the sun around September IIRC. He bid £3m or so, got rejected, went public and criticised STF as well as confirming he was a Celtc fan.

He might have claimed to be fronting a consortium too, as these chancers are wont to do. Thank God it went no further.

Oh yeah - now I remember that. He sounded like a right clueless twat - more an opportunist than anything else who was just chancing his arm in the hope of picking up a bargain.

His ill researched bid of £3M seemed to be purely based on the notion that the Yams had managed to "purchase" their misbegotten ramshackle shell of a club from their creditors for about the same price and that Hibs would therefore be worth about the same :confused:

I would hope that if a well organised fan take over/community ownership model were to emerge then STF would take a sympathetic view of the asking price - but why on earth would some bunch of chancers with no connection to the club be afforded the same priviledge?!?

[Caversham Green]

We can ground share if they are tennants paying us rent. Nothing else would be acceptable.

I raised that suggestion a long time ago and got a very hostile reception.


David Low had his week in the sun around September IIRC. He bid £3m or so, got rejected, went public and criticised STF as well as confirming he was a Celtc fan.

He might have claimed to be fronting a consortium too, as these chancers are wont to do. Thank God it went no further.

Plus, his tweet makes it clear that his intention was to groundshare with the yams.


Oh yeah - now I remember that. He sounded like a right clueless twat - more an opportunist than anything else who was just chancing his arm in the hope of picking up a bargain.

His ill researched bid of £3M seemed to be purely based on the notion that the Yams had managed to "purchase" their misbegotten ramshackle shell of a club from their creditors for about the same price and that Hibs would therefore be worth about the same :confused:

I would hope that if a well organised fan take over/community ownership model were to emerge then STF would take a sympathetic view of the asking price - but why on earth would some bunch of chancers with no connection to the club be afforded the same priviledge?!?

Bear in mind that the car park land - an area similar in size to the stadium - sold for over £9m. Groundsharing the PBS or a new stadium in some place like Straiton was probably what he had in mind. I wonder how much of the proceeds would have found their way into Mr Low's pockets.

At least with BuyHibs we can be reasonably confident that they have the interests of the cub and fans at heart.


I cold not agree more but I think they will end up at Livingston's Stadium

Sorry for nicking your posting style. :greengrin

[Wilson]

I think when D-Day was planned it was ridiculous that only a few people were given the plan until the day it was happening - there should have been more transparency via newspaper adverts / radio messages etc so everyone was clear......:rolleyes:

I think the element of surprise was a key consideration with the d-day landings.

We don't want surprise here. Just facts.

[Keith_M]

David Low appears to support the idea of Hibs and Hearts ground-sharing.
Perhaps this may have been in his mind when he was seeking to buy Hibs earlier this year?



Jim Spence ‏@bbcjimspence3h3 hours ago (https://twitter.com/bbcjimspence/status/537624572380467200)
Should '@HibsOfficial (https://twitter.com/HibsOfficial) /@JamTarts (https://twitter.com/JamTarts) groundshare. Should @dundeefconline (https://twitter.com/dundeefconline)/@dundeeunitedfc (https://twitter.com/dundeeunitedfc) do the same. Or is it too late for that to happen.

David Low ‏@Heavidor (https://twitter.com/Heavidor)4m4 minutes ago (https://twitter.com/Heavidor/status/537665884886933505)Carlisle, North West (https://twitter.com/search?q=place%3A47ff4825f135014a)
@bbcjimspence (https://twitter.com/bbcjimspence) @HibsOfficial (https://twitter.com/HibsOfficial) @JamTarts (https://twitter.com/JamTarts) @dundeefconline (https://twitter.com/dundeefconline) @dundeeunitedfc (https://twitter.com/dundeeunitedfc) of course they should, no brainer, not too late.




Hands up everybody that thinks it's actually David Low that's the 'no-brainer'.

[superfurryhibby]

Given the clear need for fans to see transparency in the Buy Hibs proposals, isn't about time our board stated their own vision for the future development of the club , or is that asking too much of them? What is the cause of the delay in all of this.

I'm assuming that the past five or so years of where we have lost 30-40% of the average crowd, been relegated (the writing was on the wall with that one since Calderwood's first season), appointing disastrous managers, overseeing two of the worst results in our history and alienating many fans wasn't part of the overall strategy? This would imply a distinct lack of leadership in the organisation (too many strategies).

Can anyone really disagree with this?

[Keith_M]

Given the clear need for fans to see transparency in the Buy Hibs proposals, isn't about time our board stated their own vision for the future development of the club , or is that asking too much of them? What is the cause of the delay in all of this.

I'm assuming that the past five or so years of where we have lost 30-40% of the average crowd, been relegated (the writing was on the wall with that one since Calderwood's first season), appointing disastrous managers, overseeing two of the worst results in our history and alienating many fans wasn't part of the overall strategy? This would imply a poor strategy, poor appointments to crucial positions and a distinct lack of leadership.

Can anyone really disagree with this?


I know a couple of posters on here that could give it a damn good try.

[Arch Stanton]

I think when D-Day was planned it was ridiculous that only a few people were given the plan until the day it was happening - there should have been more transparency via newspaper adverts / radio messages etc so everyone was clear......:rolleyes:

Not sure if there is much the Luftwaffe can do to scupper a takeover bid. :wink:

The Spanish Inquisition on the other hand!

Congrats on 10,000 post btw - were they all as mindblowing as this one?

[jacomo]

Given the clear need for fans to see transparency in the Buy Hibs proposals, isn't about time our board stated their own vision for the future development of the club , or is that asking too much of them? What is the cause of the delay in all of this.

I'm assuming that the past five or so years of where we have lost 30-40% of the average crowd, been relegated (the writing was on the wall with that one since Calderwood's first season), appointing disastrous managers, overseeing two of the worst results in our history and alienating many fans wasn't part of the overall strategy? This would imply a distinct lack of leadership in the organisation (too many strategies).

Can anyone really disagree with this?

None of that was the fault of RP or STF. Even it was, they've now put a new structure in place and aren't responsible for running the club anymore. Unless we are successful, in which case it will confirm their genius. They rebuilt the club through player sales and debt. Stop being so ungrateful.

:wink:

[Mikey]

Given the clear need for fans to see transparency in the Buy Hibs proposals, isn't about time our board stated their own vision for the future development of the club , or is that asking too much of them? What is the cause of the delay in all of this.



I guess we'll get that at the AGM. Whatever they come up with it's going to have to involve RP leaving the board and preferably having nothing to do with Hibs at all, so that means giving up his 10% too.

Even the Buy Hibs proposal doesn't guarantee RP moving on.

[Weststandwanab]

Sorry for nicking your posting style. :greengrin

No worries, it made reading you posts much easier.

[southsider]

None of that was the fault of RP or STF. Even it was, they've now put a new structure in place and aren't responsible for running the club anymore. Unless we are successful, in which case it will confirm their genius. They rebuilt the club through player sales and debt. Stop being so ungrateful.

:wink:

What ???You gota get real. We are in the lower league DUE to his bad chairmanship. Buck stops at the top.

[God Petrie]

I guess we'll get that at the AGM. Whatever they come up with it's going to have to involve RP leaving the board and preferably having nothing to do with Hibs at all, so that means giving up his 10% too.

Even the Buy Hibs proposal doesn't guarantee RP moving on.

When is the AGM likely to be held?

[CropleyWasGod]

[QUOTE=jacomoseven;4235105]None of that was the fault of RP or STF. Even it was, they've now put a new structure in place and aren't responsible for running the club anymore. Unless we are successful, in which case it will confirm their genius. They rebuilt the club through player sales and debt. Stop being so ungrateful.

:wink:[/QUOTE

What ???You gota get real. We are in the lower league DUE to his bad chairmanship. Buck stops at the top.

Whoosh? :greengrin

[Keith_M]

Whoosh? :greengrin


One of the best whooshes of the week


:greengrin

[superfurryhibby]

When is the AGM likely to be held?

Is there not some kind of legally specified timeframe in which this should take place?


Anyway, where did the idea that that the football team could be seperated from the stadium etc come from? That had to be an provacative wind-up?

[CropleyWasGod]

Is there not some kind of legally specified timeframe in which this should take place?


Anyway, where did the idea that that the football team could be seperated from the stadium etc come from? That had to be an provacative wind-up?

Hibs have no obligation to hold an AGM.

[Mikey]

When is the AGM likely to be held?

Once the club is confident about their proposed ownership model I guess. I'd say weeks rather than months.

[Mikey]

Hibs have no obligation to hold an AGM.

They will do though.

[CropleyWasGod]

They will do though.

Yeah, of course they will. I was just answering the question about the legal timeframe.:greengrin

[superfurryhibby]

Yeah, of course they will. I was just answering the question about the legal timeframe.:greengrin

Cheers CWG, it's good to have clarity.

Now all I need to know is what the owners are proposing in terms of future development plans. If they were acting responsibly they would have surely had the answers to us long before now? These delays are adding fuel to the fire and I'm really struggling to understand why this is necessary.

A part of me wonders if aspects of what the owners propose have been leaked to people in BH, maybe that would explain why BH have not fully developed their own strategy as well as they might have before making it public?

[CropleyWasGod]

Cheers CWG, it's good to have clarity.

Now all I need to know is what the owners are proposing in terms of future development plans. If they were acting responsibly they would have surely had the answers to us long before now? These delays are adding fuel to the fire and I'm really struggling to understand why this is necessary.

A part of me wonders if aspects of what the owners propose have been leaked to people in BH, maybe that would explain why BH have not fully developed their own strategy as well as they might have before making it public?

Maybe, they are looking at what has already been proposed (Kane, Lowe, BH, HibiLeaks, HOH, etc etc), seeing what the reaction is, and cherry-picking bits to form a plan that will have the widest appeal.

[jacomo]

Once the club is confident about their proposed ownership model I guess. I'd say weeks rather than months.

'Weeks' takes us into the Christmas season. It will surely be the new year now.

And is this 'proposed ownership model' definitely coming forward? One of the criticisms of BuyHibs is that there is no urgent need for it because the owner is not actively looking to sell. Clearly, if change is afoot then that is not the case.

[superfurryhibby]

Maybe, they are looking at what has already been proposed (Kane, Lowe, BH, HibiLeaks, HOH, etc etc), seeing what the reaction is, and cherry-picking bits to form a plan that will have the widest appeal.

Ayes, although they have already sought consultation with the fans and had a wide enough response (albeit maybe lacking in some detail). It has been an issue that has been allowed to drag on too long.

My fear is that there are unsavoury aspects to it. The conspiracy theorist in me is concerned that there are plans in development which have led to the rise of groups like HoH, Hibi leaks or whatever these guys are called.

My hope is that STF is thinking about a grand gesture and that this will involve club being seperated from the stadium, with the stadium being held in trust and owned by a supporters based group (or soemthing along those lines).

I am really struggling with some of the detail. An example.... why would STF meet with HOH, yet tell BH to speak with the board? Another question would be...what is the market value of the club? I assume that STF/the board need to have some ballpark figure in order to satisy borrowing requirements for banks etc? I suppose value partly depends on the market you are in and looking at the state of SCottish football, it would be fair to say that there is a degree of turmoil at present.

[superfurryhibby]

'Weeks' takes us into the Christmas season. It will surely be the new year now.

And is this 'proposed ownership model' definitely coming forward? One of the criticisms of BuyHibs is that there is no urgent need for it because the owner is not actively looking to sell. Clearly, if change is afoot then that is not the case.

I thought the club has always been for sale, if the right price and buyer were to come along?

[Andy74]

Once the club is confident about their proposed ownership model I guess. I'd say weeks rather than months.

Before this becomes something we hit them with later - have the club ever said that they were putting together a plan for future ownership?

Future strategy/possibly board restructure etc I've certainly seen reference to.

They have had to react to approaches and consult but LD was clear at the consultation meeting I was at that nothing had changed for Sir Tom and it was up to us or whoever wanted to buy it to say what we wanted.

I'm not so certain that the AGM will be addressing a future ownership model. Their own survey didn't suggest this was a big topic so I'd just be careful about what we are expecting we have been promised!

[jacomo]

One of the best whooshes of the week


:greengrin

Yay! Love being the author of a good whoosh. :greengrin

[jacomo]

I thought the club has always been for sale, if the right price and buyer were to come along?

Yes, but that is quite different to actively looking for a new buyer. We shall see.

[grunt]

An example.... why would STF meet with HOH, yet tell BH to speak with the board? HoH didn't meet STF. They met "Hibernian FC Chairman Rod Petrie, Chief Executive Leeann Dempster and other representatives of the board and club officials".

[superfurryhibby]

Before this becomes something we hit them with later - have the club ever said that they were putting together a plan for future ownership?

Future strategy/possibly board restructure etc I've certainly seen reference to.

They have had to react to approaches and consult but LD was clear at the consultation meeting I was at that nothing had changed for Sir Tom and it was up to us or whoever wanted to buy it to say what we wanted.

I'm not so certain that the AGM will be addressing a future ownership model. Their own survey didn't suggest this was a big topic so I'd just be careful about what we are expecting we have been promised!

Buggers, lost some of that reply.

"Future strategy", does that not really cover just about everything really?

Maybe STF needs to speak up and say what he wants to happen?

These questions won't go away. Fact is that STF has owned us for 25 years. He is getting on in years and won't be around forever. THis combined with the team being at their lowest ebb in living memory, causes dismay and leads some to wonder if we don't need a change at the top (strategy). To be fair, we have tried changing manager and playing personnel to the point where we need to stop. It is futile to keep looking at that model for the answers. Hence, many fans are now looking at the owner and his man.

Understandable really?

[grunt]

Fact is that STF has owned us for 25 years. He is getting on in years and won't be around forever. He could quite easily still be around and owning us for the next 25 years.

[Andy74]

Buggers, lost some of that reply.

"Future strategy", does that not really cover just about everything really?

Maybe STF needs to speak up and say what he wants to happen?

These questions won't go away. Fact is that STF has owned us for 25 years. He is getting on in years and won't be around forever. THis combined with the team being at their lowest ebb in living memory, causes dismay and leads some to wonder if we don't need a change at the top (strategy). To be fair, we have tried changing manager and playing personnel to the point where we need to stop. It is futile to keep looking at that model for the answers. Hence, many fans are now looking at the owner and his man.

Understandable really?

Yes, I do agree, and have said on here that it would be helpful for Sir Tom just to clarify what the plans might be for us after he goes but then again he may not see that as something happening soon! Does it also have any implications for the rest of his estate and planning for that? I don't know. It's not normal practice to have to announce what you plan to do with your asset when you go is it?

As someone pointed out on another thread Pat Stanton isn't far from being ages with Sir Tom and you don't get much chat on him passing on!

I understand the thinking behind us saying something on owership but I can't help but think we are presuming too much here and that as far as Hibs are concerned there is nothing new to say on ownership unless someone, who is willing to talk, comes and makes an offer.

On the other hand they may just think this is the time to talk about a long term plan to move to community ownership but I don't think that it has been promised.

[Jack]

HoH didn't meet STF. They met "Hibernian FC Chairman Rod Petrie, Chief Executive Leeann Dempster and other representatives of the board and club officials".

I don't think they were looking to buy the club, in any form, either.

[superfurryhibby]

He could quite easily still be around and owning us for the next 25 years.

I prefer to focus on the team at it's lowest ebb in living memory bit myself (the part that sees us losing 5-1 to Hearts and 7-0 to Malmo, as well as getting relegated and losing a vast amount of money through the gates due to being utter pish for the past six years). That why I added the part about having tried changing manager and players etc and maybe we need to look beyond that?

[jacomo]

He could quite easily still be around and owning us for the next 25 years.

He could, and I wish him health and happiness, but there aren't many 100 year olds who are still active in public life.

[Keith_M]

He could quite easily still be around and owning us for the next 25 years..

He's 74. That would make him 99.



..As someone pointed out on another thread Pat Stanton isn't far from being ages with Sir Tom and you don't get much chat on him passing on! ...


Could that just simply be because he doesn't own Hibs?

[AndyM_1875]

David Low appears to support the idea of Hibs and Hearts ground-sharing.
Perhaps this may have been in his mind when he was seeking to buy Hibs earlier this year?

Yes, and I responded back to him stating that "any prospective new owner of Hibs thinking about getting into bed with HMFC better realize the hostility they'd create" if they go down this road.

His response "Who is suggesting that? No One?"

The man is a spoofer. I want him nowhere near our club. He can stick to Parkhead and
feeding the Celtic Twitterati muppets with his tedious pontifications on Rangers.

[The Falcon]

HoH didn't meet STF. They met "Hibernian FC Chairman Rod Petrie, Chief Executive Leeann Dempster and other representatives of the board and club officials".

Is it me or did the accusations of impropriety cease around that time?

[JimBHibees]

Yes, and I responded back to him stating that "any prospective new owner of Hibs thinking about getting into bed with HMFC better realize the hostility they'd create" if they go down this road.

His response "Who is suggesting that? No One?"

The man is a spoofer. I want him nowhere near our club. He can stick to Parkhead and
feeding the Celtic Twitterati muppets with his tedious pontifications on Rangers.

That was the same point he said 'no brainer' too. Seems very odd.

[AndyM_1875]

That was the same point he said 'no brainer' too. Seems very odd.

Aye. He was wriggling like a worm on a hook.

The man is quite simply not to be trusted.

[grunt]

He's 74. That would make him 99.I thought that one of the issues that some fans have with STF is that he is an absentee owner - in that he has selected his representative and allows that representative to run the club. I would suggest that ownership model could happily be continued by STF no matter what his age.

[Keith_M]

I thought that one of the issues that some fans have with STF is that he is an absentee owner - in that he has selected his representative and allows that representative to run the club.

As Rod Petrie is that person, you know very well that is a major issue to many Fans


I would suggest that ownership model could happily be continued by STF no matter what his age.

I'm not sure if you're deliberately missing the point but, either way, to make it clear.

The problem is not what age STF will be at any point in the future, it's the increasing likelihood (given the fact hat he's already 74) that he won't be around at all. Hence the reason why many Fans would like to know what his succession plan is.

Surely you can understand that?


:confused:

[Mikey]

And is this 'proposed ownership model' definitely coming forward?

Yes, it's mentioned in the letter that a lot of fans received yesterday...... and binned without reading :greengrin

[Andy74]

Yes, it's mentioned in the letter that a lot of fans received yesterday...... and binned without reading :greengrin

It wasn't. You just posted a copy too!

[Phil D. Rolls]

Buggers, lost some of that reply.

"Future strategy", does that not really cover just about everything really?

Maybe STF needs to speak up and say what he wants to happen?

These questions won't go away. Fact is that STF has owned us for 25 years. He is getting on in years and won't be around forever. THis combined with the team being at their lowest ebb in living memory, causes dismay and leads some to wonder if we don't need a change at the top (strategy). To be fair, we have tried changing manager and playing personnel to the point where we need to stop. It is futile to keep looking at that model for the answers. Hence, many fans are now looking at the owner and his man.

Understandable really?

This causes me dismay. Eh, thanks for whatever it was you did Tim, eh Tom, now shuffle off and die.