Fan Buy Out Launched/BuyHibs/Q&A Answers

[Keith_M]

I recall reading somewhere that STF paid for the North and South stands. The East, West and EM from a mixture of loans and good fortune through player sales and the car park. Since season tickets (we are told) are entirely for the playing squad I would guess the repayments are met through walk-up's, retail profits from merchandise sales and contracts,visiting fans and sponsorship deals.

Did Ms Dempster have any experience of running a football club prior to Motherwell?


The North and South Stands were paid for partly by the Football Trust (2M, I believe) and the rest from a loan. That loan was paid off, along with other debt, from the sale of the Car Park land.

STF didn't pay for the new Stadium from his own pocket.

[Caversham Green]

The North and South Stands were paid for partly by the Football Trust (2M, I believe) and the rest from a loan. That loan was paid off, along with other debt, from the sale of the Car Park land.

STF didn't pay for the new Stadium from his own pocket.

HFC Holdings Ltd built the stands at a cost of £8m and sold the ground back to Hibs for £2.5m cash/loan and £3.5m in new shares and share premium. Since HFC already owned the club the shares were of no real value to them. The build was financed in part by £5m in interest-free loan stock from a STF company (Morston Securities Ltd) which was subsequently converted to preference shares. These shares were sold to the owners of HFC Holdings Ltd for £1 in 2009, effectively writing them off.

However you cut it, the stands have cost STF (or his companies) a significant amount of money.

[Mikey]

HFC Holdings Ltd built the stands at a cost of £8m and sold the ground back to Hibs for £2.5m cash/loan and £3.5m in new shares and share premium. Since HFC already owned the club the shares were of no real value to them. The build was financed in part by £5m in interest-free loan stock from a STF company (Morston Securities Ltd) which was subsequently converted to preference shares. These shares were sold to the owners of HFC Holdings Ltd for £1 in 2009, effectively writing them off.

However you cut it, the stands have cost STF (or his companies) a significant amount of money.

I honestly thought that had all been made clear years ago (it's been in The Vault since November 2008), but some people still don't get it.


https://www.youtube.com/watch?v=9foi342LXQE

[Andy74]

HFC Holdings Ltd built the stands at a cost of £8m and sold the ground back to Hibs for £2.5m cash/loan and £3.5m in new shares and share premium. Since HFC already owned the club the shares were of no real value to them. The build was financed in part by £5m in interest-free loan stock from a STF company (Morston Securities Ltd) which was subsequently converted to preference shares. These shares were sold to the owners of HFC Holdings Ltd for £1 in 2009, effectively writing them off.

However you cut it, the stands have cost STF (or his companies) a significant amount of money.

Lucky we had a Chairman or CEO with a good relationship to the owner to get this type of deal pulled off. :greengrin

[The Falcon]

I honestly thought that had all been made clear years ago (it's been in The Vault since November 2008), but some people still don't get it.

Perhaps they choose not to? :dunno:

[Cropley10]

I recall reading somewhere that STF paid for the North and South stands. The East, West and EM from a mixture of loans and good fortune through player sales and the car park. Since season tickets (we are told) are entirely for the playing squad I would guess the repayments are met through walk-up's, retail profits from merchandise sales and contracts,visiting fans and sponsorship deals.

Did Ms Dempster have any experience of running a football club prior to Motherwell?

No LD did not. But then again Motherwell are just a tiny little club, and look at them now etc etc


Sent from a phone

[Cropley10]

A decent run in the 2nd tier.

Indeed - you'd think we were pinging it around like the Tornadoes


Sent from a phone

[Cropley10]

HFC Holdings Ltd built the stands at a cost of £8m and sold the ground back to Hibs for £2.5m cash/loan and £3.5m in new shares and share premium. Since HFC already owned the club the shares were of no real value to them. The build was financed in part by £5m in interest-free loan stock from a STF company (Morston Securities Ltd) which was subsequently converted to preference shares. These shares were sold to the owners of HFC Holdings Ltd for £1 in 2009, effectively writing them off.

However you cut it, the stands have cost STF (or his companies) a significant amount of money.

Of course there's always been the debate that we spent a lot of money on the new East Stand, which has only ever been full once and now we've been relegated...

Was the East Stand another gift from STF?


Sent from a phone

[CropleyWasGod]

Of course there's always been the debate that we spent a lot of money on the new East Stand, which has only ever been full once and now we've been relegated...

Was the East Stand another gift from STF?


Sent from a phone
No

[grunt]

Of course there's always been the debate that we spent a lot of money on the new East Stand, which has only ever been full once and now we've been relegated...

Was the East Stand another gift from STF?


Sent from a phone

So now that CG has comprehensively shot down the argument that STF hasn't invested in the club recently, you change tack and bring up a different red herring. It looks as though people are searching for any excuse to knock STF.

People need to realise that no matter how much they dislike the current regime, there is a huge downside risk in selling to an unknown party. If BuyHibs don't have the money to fund our continued existence, this could easily result in administration and liquidation for Hibs.

There's a lot to lose by backing the wrong horse here.

[schinkenotto]

So now that CG has comprehensively shot down the argument that STF hasn't invested in the club recently, you change tack and bring up a different red herring. It looks as though people are searching for any excuse to knock STF.

People need to realise that no matter how much they dislike the current regime, there is a huge downside risk in selling to an unknown party. If BuyHibs don't have the money to fund our continued existence, this could easily result in administration and liquidation for Hibs.

There's a lot to lose by backing the wrong horse here.
http://www.hibs.net/images/smilies/top%20marks.gif

[Cropley10]

So now that CG has comprehensively shot down the argument that STF hasn't invested in the club recently, you change tack and bring up a different red herring. It looks as though people are searching for any excuse to knock STF.

People need to realise that no matter how much they dislike the current regime, there is a huge downside risk in selling to an unknown party. If BuyHibs don't have the money to fund our continued existence, this could easily result in administration and liquidation for Hibs.

There's a lot to lose by backing the wrong horse here.

Where did I say he hadn't invested in the Club? Please can you point out where I did this...

I know he did, and I also know that he's bailed is out a few times, as fans have deserted the club in droves.

But the bald fact is RP spent money on a stand that's only been full once. That money wasn't from STF - so where did it come from? Sale of players, fans?

What's interesting is that there's a constituency of folk on here petrified about the idea of change. Yet change is inevitable.

Instead of clinging on to the past we all need to look forward instead of repeating how much STF did for the Club. He won't be here forever.

[grunt]

Instead of clinging on to the past we all need to look forward instead of repeating how much STF did for the Club. He won't be here forever.

Fine. Please explain what we have to look forward to with the Buyhibs "proposal". There is absolutely nothing concrete in their proposal, no money, no clear indication how they will improve results. Just a lot of words, which condense into, "we're different to the current set up".

I've watched these threads since the announcement was made, and I'm no clearer on what buyhibs are offering. They've no money, no backers, just an idea. And they're being given oxygen by people's contempt of the current regime. "Because they're not STF and RP they must be good".

I'm trying to look forward as you suggest, but there's nothing there in the Buyhibs proposal, nothing to see at all. Hope, hot air and no money. "Please gies the club for nothin' and we'll get us back into the SPL".

[Cropley10]

So now that CG has comprehensively shot down the argument that STF hasn't invested in the club recently, you change tack and bring up a different red herring. It looks as though people are searching for any excuse to knock STF.

People need to realise that no matter how much they dislike the current regime, there is a huge downside risk in selling to an unknown party. If BuyHibs don't have the money to fund our continued existence, this could easily result in administration and liquidation for Hibs.

There's a lot to lose by backing the wrong horse here.

Liquidation? Dump the debt and start again.

The great thing about the Sevco fiasco is that liquidation is now not the end. It's just a reset button.

I don't think anyone is going to 'fund' our continued existence. It's non-sensical to think we're going to find another STF.

[Andy74]

Where did I say he hadn't invested in the Club? Please can you point out where I did this...

I know he did, and I also know that he's bailed is out a few times, as fans have deserted the club in droves.

But the bald fact is RP spent money on a stand that's only been full once. That money wasn't from STF - so where did it come from? Sale of players, fans?

What's interesting is that there's a constituency of folk on here petrified about the idea of change. Yet change is inevitable.

Instead of clinging on to the past we all need to look forward instead of repeating how much STF did for the Club. He won't be here forever.

We've had quite a few attendances now bigger than our previous capacity. And it's there for the future now.

Change might be inevitable but I dont believe Sir Tom would allow any change related to him passing on to be disadvantageous to us.

[Cropley10]

Fine. Please explain what we have to look forward to with the Buyhibs "proposal". There is absolutely nothing concrete in their proposal, no money, no clear indication how they will improve results. Just a lot of words, which condense into, "we're different to the current set up".

I've watched these threads since the announcement was made, and I'm no clearer on what buyhibs are offering. They've no money, no backers, just an idea. And they're being given oxygen by people's contempt of the current regime. "Because they're not STF and RP they must be good".

I'm trying to look forward as you suggest, but there's nothing there in the Buyhibs proposal, nothing to see at all. Hope, hot air and no money. "Please gies the club for nothin' and we'll get us back into the SPL".

I don't think much of their proposal but I'd suggest it's the beginning of a process.

The Club will change hands, all in good time.

[Cropley10]

We've had quite a few attendances now bigger than our previous capacity. And it's there for the future now.

Change might be inevitable but I dont believe Sir Tom would allow any change related to him passing on to be disadvantageous to us.

Completely agree with the last para. :agree:

[Jonnyboy]

Where did I say he hadn't invested in the Club? Please can you point out where I did this...

I know he did, and I also know that he's bailed is out a few times, as fans have deserted the club in droves.

But the bald fact is RP spent money on a stand that's only been full once. That money wasn't from STF - so where did it come from? Sale of players, fans?

What's interesting is that there's a constituency of folk on here petrified about the idea of change. Yet change is inevitable.

Instead of clinging on to the past we all need to look forward instead of repeating how much STF did for the Club. He won't be here forever.

Not sure I agree withy that. There are many people, myself included, who are concerned that when change comes it's the right change. That's quite different from being petrified!

[marinello59]

Not sure I agree withy that. There are many people, myself included, who are concerned that when change comes it's the right change. That's quite different from being petrified!

Exactly.

[marinello59]

I don't think much of their proposal but I'd suggest it's the beginning of a process.

The Club will change hands, all in good time.

I agree.
The club will probably come out with their own proposals and maybe there will be common ground we can all unite behind. As for this BuyHibs proposal, until they answer the many questions their proposals have generated I can't see it working out for them. But they may have acted as a catalyst.

[WHUHibs]

Andrew

The whole Hibs family needs to know the proposal.

When is that likley ?

It is a good question and your right everyone in this wonderful family needs to understand where we are at! The website Buyhibs.org will post interactive sessions shortly and as you may have seen an enormous amount has been in the press. You may have heard my interview on radio forth news during to week to explain the concept of the CIC.

Further announcements to be made next week as to next steps and transparency is the key. The Q and A on the website we hope will answer most immediate questions.

It's difficult getting the messages out to everybody and I am currently in Australia and meeting fan groups and it's important we talk to every member of the Hibernian family and explain the proposal.

A number of people have questioned my experience and what I can bring to the table and I cannot speak for other directors who bring experience in many roles.

Just to further confirm on top of what you can see in linked in and it has been asked by a lot of people so here is some additional information:

1. I have full P&l responsibility of a business more than 12 times the size of Hibs turnover
2. I am a key member of the World Economic Forum ( global strategy company) and work with huge corporations and governments all over the world including key names such as Coca Cola, ANZ, Credit Suisse to name a few. I would encourage anyone to look at this forum
3. Further background as well as being the Senior Vice President for Emerging Markets I have 15 business years track record in Eastern Europe, MEA, China, Asia, Pacific, Latin and North America
4. Prior to this I worked in First National Bank of Boston and HSBC in corporate finance.
I have a lot of articles written about me on the Internet an example in on the environment: http://www.thefifthestate.com.au/event-news/conferences/conference-australia-must-embrace-circular-economy-to-cut-raw-material-use/68678
So in conclusion I offer significant international business experience to any company and I am delighted and proud to work alongside the other directors including the calibre and man of Pat Stanton.

People may not agree or have different opinions on the proposal but I hope people will not question the integrity of the board and business experience and I hope I may have laid some of that to rest.

We are a great club, yes we all know it's been a bumpy ride for a hell of a long time but we are all in this together and no matter the difference of opinions we are one club and the fans are the most important part of that fabric. Owners, board members, managers, players all go at some stage and the only constant that remains are the fans.

GGTH

[Cropley10]

Not sure I agree withy that. There are many people, myself included, who are concerned that when change comes it's the right change. That's quite different from being petrified!

Someone earlier said that we could get liquidated if things don't go right!!

[Cropley10]

It is a good question and your right everyone in this wonderful family needs to understand where we are at! The website Buyhibs.org will post interactive sessions shortly and as you may have seen an enormous amount has been in the press. You may have heard my interview on radio forth news during to week to explain the concept of the CIC.

Further announcements to be made next week as to next steps and transparency is the key. The Q and A on the website we hope will answer most immediate questions.

It's difficult getting the messages out to everybody and I am currently in Australia and meeting fan groups and it's important we talk to every member of the Hibernian family and explain the proposal.

A number of people have questioned my experience and what I can bring to the table and I cannot speak for other directors who bring experience in many roles.

Just to further confirm on top of what you can see in linked in and it has been asked by a lot of people so here is some additional information:

1. I have full P&l responsibility of a business more than 12 times the size of Hibs turnover
2. I am a key member of the World Economic Forum ( global strategy company) and work with huge corporations and governments all over the world including key names such as Coca Cola, ANZ, Credit Suisse to name a few. I would encourage anyone to look at this forum
3. Further background as well as being the Senior Vice President for Emerging Markets I have 15 business years track record in Eastern Europe, MEA, China, Asia, Pacific, Latin and North America
4. Prior to this I worked in First National Bank of Boston and HSBC in corporate finance.
I have a lot of articles written about me on the Internet an example in on the environment: http://www.thefifthestate.com.au/event-news/conferences/conference-australia-must-embrace-circular-economy-to-cut-raw-material-use/68678
So in conclusion I offer significant international business experience to any company and I am delighted and proud to work alongside the other directors including the calibre and man of Pat Stanton.

People may not agree or have different opinions on the proposal but I hope people will not question the integrity of the board and business experience and I hope I may have laid some of that to rest.

We are a great club, yes we all know it's been a bumpy ride for a hell of a long time but we are all in this together and no matter the difference of opinions we are one club and the fans are the most important part of that fabric. Owners, board members, managers, players all go at some stage and the only constant that remains are the fans.

GGTH

But you've not run a football club?

:duck:

[Chibs]

something from sickbag.

Q4. What are the short/medium/long term plans for the stadium, particularly with regard to the main stand and constant rumours concerning its shelf life? If no specific plans what is your gut feeling as to 1. General maintenance of what we have. 2. Building a new main stand. 3. Rebuilding the entire stadium on the current footprint or 4. Re-locating to a new stadium?

AB: In terms of maintenance, it is a nightmare. Virtually nothing had been spent on maintenance in the last few years. It was very much a case of essential maintenance only and certainly no preventative maintenance. Many areas of the stadium are in a really bad condition and trying to address the issue is costing us a lot of money. For example, a lot of the metal work is now in dire need of painting...especially those parts exposed to the elements. We are considering how best to address this as it is a bit like the Forth Bridge - never-ending. Some of the areas addressed since we took over include fixing the drainage, as The Gorgie Suite and certain other areas were prone to flooding; repairing a collapsed ceiling in one of the offices; replacing/repairing toilets (with more still to be done); replacing hot water tanks to provide hot water in toilets and kiosks; replacing broken seats; etc,etc.

In terms of any new stand or indeed a stadium rebuild, we will investigate all of the options available to us. A lot of options have been considered in the past as we all know...and we have the files/paperwork to prove it. We have quotes for a new main stand and a new stadium, but of course, things change over time, not least the costs. We certainly don’t want to keep wasting money on maintenance costs so please be assured that this is something we plan to investigate fully; and sooner rather than later. However, we have other priorities in the short term but In the medium term, we will put in place a firm plan for the future of the stand/stadium.

Q5. Has any consideration been given to developing the area underneath the Wheatfield Stand?

AB: We know this is a popular idea but like many things, it is not quite as straightforward as it sounds. However, we will give serious consideration to this but building a structure like a bar would cost a lot of money and it would have to be considered alongside the many other things we need to do.

[EDITOR – as this point, AHB suggested his idea of a ‘Murrayfield’-style marquee tent (with heaters in winter) that would involve a much smaller outlay, with a simple, fast-service ‘bottle bar’ option that allows hundreds of fans to spend money directly into the club for the hours leading up to kick off. Ann Budge admitted this was a something she hadn’t previously considered and was eager to look at the idea.]

Q6. Is there a commercial strategy in place to take the club into the 21st century in terms of our club shop, club merch etc. For too long the club has ignored this avenue and I was wondering what the plan was to take the club forward and to generate a constant revenue stream for the club?

[Jonnyboy]

Someone earlier said that we could get liquidated if things don't go right!!

If the wrong people take over the club you mean? I'm not having a pop at BuyHibs by the way. Wrong people simple means .... wrong people.

Out of interest, does anyone know how many have pledged so far?

[jacomo]

Where did I say he hadn't invested in the Club? Please can you point out where I did this...

I know he did, and I also know that he's bailed is out a few times, as fans have deserted the club in droves.

But the bald fact is RP spent money on a stand that's only been full once. That money wasn't from STF - so where did it come from? Sale of players, fans?


RP built a new, bigger stand without a strategy to fill it, which was really very dumb indeed.

However, given the way costs in the construction industry have rocketed in the past few years, building it when we did was savvy.

And yes we paid for it, with a lot of help from Steven Fletcher.

[Bostonhibby]

It is a good question and your right everyone in this wonderful family needs to understand where we are at! The website Buyhibs.org will post interactive sessions shortly and as you may have seen an enormous amount has been in the press. You may have heard my interview on radio forth news during to week to explain the concept of the CIC.

Further announcements to be made next week as to next steps and transparency is the key. The Q and A on the website we hope will answer most immediate questions.

It's difficult getting the messages out to everybody and I am currently in Australia and meeting fan groups and it's important we talk to every member of the Hibernian family and explain the proposal.

A number of people have questioned my experience and what I can bring to the table and I cannot speak for other directors who bring experience in many roles.

Just to further confirm on top of what you can see in linked in and it has been asked by a lot of people so here is some additional information:

1. I have full P&l responsibility of a business more than 12 times the size of Hibs turnover
2. I am a key member of the World Economic Forum ( global strategy company) and work with huge corporations and governments all over the world including key names such as Coca Cola, ANZ, Credit Suisse to name a few. I would encourage anyone to look at this forum
3. Further background as well as being the Senior Vice President for Emerging Markets I have 15 business years track record in Eastern Europe, MEA, China, Asia, Pacific, Latin and North America
4. Prior to this I worked in First National Bank of Boston and HSBC in corporate finance.
I have a lot of articles written about me on the Internet an example in on the environment: http://www.thefifthestate.com.au/event-news/conferences/conference-australia-must-embrace-circular-economy-to-cut-raw-material-use/68678
So in conclusion I offer significant international business experience to any company and I am delighted and proud to work alongside the other directors including the calibre and man of Pat Stanton.

People may not agree or have different opinions on the proposal but I hope people will not question the integrity of the board and business experience and I hope I may have laid some of that to rest.

We are a great club, yes we all know it's been a bumpy ride for a hell of a long time but we are all in this together and no matter the difference of opinions we are one club and the fans are the most important part of that fabric. Owners, board members, managers, players all go at some stage and the only constant that remains are the fans.

GGTH
A welcome expansion on info previously available. Do you really need the up to 10% dividend we might theoretically pay? And was it your idea to include mentioning it as part of the original proposal?

[The Falcon]

RP built a new, bigger stand without a strategy to fill it, which was really very dumb indeed.

However, given the way costs in the construction industry have rocketed in the past few years, building it when we did was savvy.

And yes we paid for it, with a lot of help from Steven Fletcher.

I think there were also issues over the renewal of planning permission, which had been granted prior to the flats being built.

[Caversham Green]

Of course there's always been the debate that we spent a lot of money on the new East Stand, which has only ever been full once and now we've been relegated...

Was the East Stand another gift from STF?


Sent from a phone

The intention of my post was to put right an apparent misconception about STF's outlay on the end stands, nothing more than that. To answer your question, the East stand was financed by the club through a £1.5m loan and £2.3m cash. In mitigation of the building of the stand, it was built at a time when it was both desperately needed and much cheaper to build than it would have been previously or subsequently and the club was still able to provide a strong playing budget to the manager. Building a smaller stand would not have saved a great deal of money and IMO would have been a false economy. That much was decent management, the ongoing failure of the footballing side was not.

For the avoidance of doubt, I am by no means in the 'constituency of folk on here petrified about the idea of change'. I haven't made any comment on the BuyHibs proposals because in my view they don't give enough detail to make a judgement on, but I would be delighted if the right person or people bought the club from STF. It's now BuyHibs's mission to convince us all that they are the right people. Early days though.

I do think the CIC proposal is brilliant though, I wonder who first suggested it.

[grunt]

A cautionary tale ...

http://wewantourclubback.blogspot.co.uk/

[ancient hibee]

It is a good question and your right everyone in this wonderful family needs to understand where we are at! The website Buyhibs.org will post interactive sessions shortly and as you may have seen an enormous amount has been in the press. You may have heard my interview on radio forth news during to week to explain the concept of the CIC.

Further announcements to be made next week as to next steps and transparency is the key. The Q and A on the website we hope will answer most immediate questions.

It's difficult getting the messages out to everybody and I am currently in Australia and meeting fan groups and it's important we talk to every member of the Hibernian family and explain the proposal.

A number of people have questioned my experience and what I can bring to the table and I cannot speak for other directors who bring experience in many roles.

Just to further confirm on top of what you can see in linked in and it has been asked by a lot of people so here is some additional information:

1. I have full P&l responsibility of a business more than 12 times the size of Hibs turnover
2. I am a key member of the World Economic Forum ( global strategy company) and work with huge corporations and governments all over the world including key names such as Coca Cola, ANZ, Credit Suisse to name a few. I would encourage anyone to look at this forum
3. Further background as well as being the Senior Vice President for Emerging Markets I have 15 business years track record in Eastern Europe, MEA, China, Asia, Pacific, Latin and North America
4. Prior to this I worked in First National Bank of Boston and HSBC in corporate finance.
I have a lot of articles written about me on the Internet an example in on the environment: http://www.thefifthestate.com.au/event-news/conferences/conference-australia-must-embrace-circular-economy-to-cut-raw-material-use/68678
So in conclusion I offer significant international business experience to any company and I am delighted and proud to work alongside the other directors including the calibre and man of Pat Stanton.

People may not agree or have different opinions on the proposal but I hope people will not question the integrity of the board and business experience and I hope I may have laid some of that to rest.

We are a great club, yes we all know it's been a bumpy ride for a hell of a long time but we are all in this together and no matter the difference of opinions we are one club and the fans are the most important part of that fabric. Owners, board members, managers, players all go at some stage and the only constant that remains are the fans.

GGTH

If this sounds rude I'm sorry it's not meant to be.Basically you are saying that you have got extensive business experience particularly internationally and in banking and Pat Stanton was a great football player.Is that it?After all Rod had extensive banking experience and STF remains one of the best known business men in the UK.

[DarlingtonHibee]

It is a good question and your right everyone in this wonderful family needs to understand where we are at! The website Buyhibs.org will post interactive sessions shortly and as you may have seen an enormous amount has been in the press. You may have heard my interview on radio forth news during to week to explain the concept of the CIC.

Further announcements to be made next week as to next steps and transparency is the key. The Q and A on the website we hope will answer most immediate questions.

It's difficult getting the messages out to everybody and I am currently in Australia and meeting fan groups and it's important we talk to every member of the Hibernian family and explain the proposal.

A number of people have questioned my experience and what I can bring to the table and I cannot speak for other directors who bring experience in many roles.

Just to further confirm on top of what you can see in linked in and it has been asked by a lot of people so here is some additional information:

1. I have full P&l responsibility of a business more than 12 times the size of Hibs turnover
2. I am a key member of the World Economic Forum ( global strategy company) and work with huge corporations and governments all over the world including key names such as Coca Cola, ANZ, Credit Suisse to name a few. I would encourage anyone to look at this forum
3. Further background as well as being the Senior Vice President for Emerging Markets I have 15 business years track record in Eastern Europe, MEA, China, Asia, Pacific, Latin and North America
4. Prior to this I worked in First National Bank of Boston and HSBC in corporate finance.
I have a lot of articles written about me on the Internet an example in on the environment: http://www.thefifthestate.com.au/event-news/conferences/conference-australia-must-embrace-circular-economy-to-cut-raw-material-use/68678
So in conclusion I offer significant international business experience to any company and I am delighted and proud to work alongside the other directors including the calibre and man of Pat Stanton.

People may not agree or have different opinions on the proposal but I hope people will not question the integrity of the board and business experience and I hope I may have laid some of that to rest.

We are a great club, yes we all know it's been a bumpy ride for a hell of a long time but we are all in this together and no matter the difference of opinions we are one club and the fans are the most important part of that fabric. Owners, board members, managers, players all go at some stage and the only constant that remains are the fans.

GGTH

Thanks for the information above.

Still unclear on the proposal which you are explaining in Australia.

Surely there must be a period of due diligence etc. before any proposal to fans _ all seems a bit light to me.

[marinello59]

Thanks for the information above.

Still unclear on the proposal which you are explaining in Australia.

Surely there must be a period of due diligence etc. before any proposal to fans _ all seems a bit light to me.

The Australia thing confused me too.

[Greencore]

Bump

[WHUHibs]

The Australia thing confused me too.

Fair points.

We as a group will diversify and talk to as many people as possible. Announcements wiill be made shortly on meetings that will be open and hopefully any questions can be answered that are unclear as the proposal gains momentum.

Regarding Australia I will combine a role in talking face to face with as many fans as possible and I can do that by combining this with my current employment.

[WHUHibs]

Thanks for the information above.

Still unclear on the proposal which you are explaining in Australia.

Surely there must be a period of due diligence etc. before any proposal to fans _ all seems a bit light to me.

Proposal that was launched last week with a Qand A and soliciting opinion and appetite for a bid as we are still waiting for a meeting with STF.

[WHUHibs]

If this sounds rude I'm sorry it's not meant to be.Basically you are saying that you have got extensive business experience particularly internationally and in banking and Pat Stanton was a great football player.Is that it?After all Rod had extensive banking experience and STF remains one of the best known business men in the UK.

Pat is a former player, captain, manager so that adds huge Hibernian value and none of the current board have that experience? If you believe STF and Rod have extensive business experience that's correct but as owners if your still happy then that's okay. I believe fresh ideas from a variety of business minded HIBS people can make an improvement on what we have currently.

[Baldy Foghorn]

I don't think asking for monthly donations from fans is viable. How long are donations to last, what do you get for your donation, what if people pledge, then decide they can't afford it if personal situations change?

[silverhibee]

HFC Holdings Ltd built the stands at a cost of £8m and sold the ground back to Hibs for £2.5m cash/loan and £3.5m in new shares and share premium. Since HFC already owned the club the shares were of no real value to them. The build was financed in part by £5m in interest-free loan stock from a STF company (Morston Securities Ltd) which was subsequently converted to preference shares. These shares were sold to the owners of HFC Holdings Ltd for £1 in 2009, effectively writing them off.

However you cut it, the stands have cost STF (or his companies) a significant amount of money.

We could have got a whole new stadium for £8m, why did it cost so much for these stands.

[Beefster]

Proposal that was launched last week with a Qand A and soliciting opinion and appetite for a bid as we are still waiting for a meeting with STF.

Isn't assessing the appetite for a bid a pre-requisite of meeting STF? Meeting STF and then finding out there isn't a the resources for a bid would seem to me to be wasting everyone's time.


We could have got a whole new stadium for £8m, why did it cost so much for these stands.

I'm not sure that anyone could have (or has) build a decent 21,000 capacity stadium for anywhere near £8m. Scunthorpe are planning a new 12,000 seater. Cost - around £18m

[Caversham Green]

We could have got a whole new stadium for £8m, why did it cost so much for these stands.

St Mirren's new stadium cost £8m at a time when building materials and costs were very low. Capacity is 8,000.

In any case the stands cost Hibs £2.5m - surely that's what should concern Hibs fans.

[grunt]

Regarding Australia I will combine a role in talking face to face with as many fans as possible and I can do that by combining this with my current employment.
Thanks for clarifying! :wink:

[Kaiser1962]

St Mirren's new stadium cost £8m at a time when building materials and costs were very low. Capacity is 8,000.


Broadwood cost £8m (8k capacity) for three stands with plans to build a fourth to take capacity to 10k and Falkirk have spent £9.6m also with one stand to build which will take capacity to 10k and cost another £2m.

[Brizo]

Proposal that was launched last week with a Qand A and soliciting opinion and appetite for a bid as we are still waiting for a meeting with STF.

WHU, how do buyhibs intend to get past the potential stalemate where a lot of fans want to know who the business investors are before they pledge and it appears that business investors wont show their hands until pledges start coming in.

Given the Duff/ Gray / Rowland era and what we have seen at other clubs I want to see that any business investors are serious, reputable and have passed due diligence tests before I pledge. I wont be pledging until I know who they are and that the aforementioned due diligence has taken place.

[Baldy Foghorn]

Pat is a former player, captain, manager so that adds huge Hibernian value and none of the current board have that experience? If you believe STF and Rod have extensive business experience that's correct but as owners if your still happy then that's okay. I believe fresh ideas from a variety of business minded HIBS people can make an improvement on what we have currently.

Why are HIBS people looking for a 10% dividend?

[grunt]

2. I am a key member of the World Economic Forum ( global strategy company) and work with huge corporations and governments all over the world including key names such as Coca Cola, ANZ, Credit Suisse to name a few. I would encourage anyone to look at this forum.Wow, now that really is impressive. "The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation." This is the organisation which holds its AGM in Davos in Switzerland every year, and it is addressed by World leaders - in 2014 the speakers included David Cameron, the Prime Minister of Japan, Tony Abbott the PM of Australia, the President of Iran, Benjamin Netanyahu the PM of Israel, plus the Presidents of Brazil and Mexico. That's some company you are keeping. If you're a key member of the WEF then I think we can safely say that your bid team outranks Ann Budge by some distance. I see that you attended the Annual Meeting of the WEF New Champions recently - that must have been a great conference.

[southsider]

Pat is a former player, captain, manager so that adds huge Hibernian value and none of the current board have that experience? If you believe STF and Rod have extensive business experience that's correct but as owners if your still happy then that's okay. I believe fresh ideas from a variety of business minded HIBS people can make an improvement on what we have currently.
The team that appeared on the pitch at ER yesterday are not worthy of wearing our famous green strips. We need far better players that what we have now. Agrred ?

[Leithenhibby]

Why are HIBS people looking for a 10% dividend?

Bingo!........ :wink:

[Caversham Green]

Why are HIBS people looking for a 10% dividend?

To be fair, they're not saying there would be a 10% dividend, they're just saying 10% would be the maximum that could be paid. Unfortunately they don't say whether that would be 10% of investment (very bad), distributable profit (nearly as bad) or profit for a single year (least bad option). In any case, I believe dividends have to be approved by a majority of the shareholders and given the proposed structure that would probably be very difficult to achieve. I wonder if the dividend provision could be event-driven with a very high target event, such as when Hibs win the Premiership a capped dividend may be proposed.

As an aside Hibs have operated a zero dividend policy throughout Sir Tom Farmer's tenure.

[Kaiser1962]

Why are HIBS people looking for a 10% dividend?

To attract investment?


Wow, now that really is impressive. "The World Economic Forum is an international institution committed to improving the state of the world through public-private cooperation." This is the organisation which holds its AGM in Davos in Switzerland every year, and it is addressed by World leaders - in 2014 the speakers included David Cameron, the Prime Minister of Japan, Tony Abbott the PM of Australia, the President of Iran, Benjamin Netanyahu the PM of Israel, plus the Presidents of Brazil and Mexico. That's some company you are keeping. If you're a key member of the WEF then I think we can safely say that your bid team outranks Ann Budge by some distance. I see that you attended the Annual Meeting of the WEF New Champions recently - that must have been a great conference.

He was listed to attend the Annual Meeting of New Champions in September, along with 2000 others, at Tianjin, China (which is about 100km South East of Beijing).

[Baldy Foghorn]

To attract investment?





If these people are HIBS minded, should they not be investing, with a view to making no money for themselves? Fans pledge money and get hee haw return, but the private investors get a dividend, not on my watch.....

[RIP]

There are so many red herrings on this thread I don't know what is true, what is myth and what is an opinion anymore

This won't be a quick process and it's very early days - think I'll save my questions till the next meeting

The one question I'm keen to seek clarification on is:-


Before he came to Hibs, what was it about Rod Petrie's CV/business track record with Ernst & Young and Quayle Munro that made him appear suitable for running our football club? He clearly has good skills at mergers, acquisitions and privatisations but running a sports entertainment business where product quality, enjoyment, customer loyalty, vision and good communication are the critical success factors?

[HappyAsHellas]

There are so many red herrings on this thread I don't know what is true, what is myth and what is an opinion anymore

This won't be a quick process and it's very early days - think I'll save my questions till the next meeting

The one question I'm keen to seek clarification on is:-


Before he came to Hibs, what was it about Rod Petrie's CV/business track record with Ernst & Young and Quayle Munro that made him appear suitable for running our football club? He clearly has good skills at mergers, acquisitions and privatisations but running a sports entertainment business where product quality, enjoyment, customer loyalty, vision and good communication are the critical success factors?

STF rates it very highly, and nothing else mattered?

[RIP]

STF rates it very highly, and nothing else mattered?

I can understand totally why Tom brought Rod in to restructure Hibs after Mercer. Shrewd move. The trouble is that gave him an authority and an interest in the football club which should have stopped at 'corporate finance adviser' or 'owners stakeholder'. A seat on the board perhaps but not the the MD or CEO roles. These needed a different skillset which Rod has consistently proven he does not possess.

The failed attempts to hand over the CEO reins to Scott and Fife whilst retaining 'some' executive responsibilities led to both resigning without a job to go to. This period marked the start of further management decline. Tales of shambolic board meetings, lack of empowerment and non-execs carrying out exec roles seemed to make matters worse rather than better. The management merry-go-round continues with recent departures in hospitality, commercial, design and community.

The only bright light is 2014 is his bowing to fans campaigning for a CEO/Leeann Dempster/DOF to come in and run the business. I don't know if she has the authority to change the whole board structure but if her ambitions to 'return us to a football club' and 'make us less corporate' succeed I can't imagine this restructure would involve retaining Rod as Chairman. Personally I'd rather have Brian Houston, the man I credit with much of the 'Winds of Change' programme designed before LD was brought in to implement these changes. The trouble is he has been snapped up by Lothian Health Board and restructuring that pile may rule out 2 chairmanships. Failing that Colin McNeil whose communication skills are top drawer

Don't get me wrong I do genuinely like Rod as a person. But speaking as someone who is perenially found guilty of juggling too many roles, I'm hoping that looking after Sir Tom's corporate estate combined with roles at the SFA and SPFL will allow him enough to make a dignified exit from the Chairman role at our club.

[grunt]

Before he came to Hibs, what was it about Rod Petrie's CV/business track record with Ernst & Young and Quayle Munro that made him appear suitable for running our football club? He clearly has good skills at mergers, acquisitions and privatisations but running a sports entertainment business where product quality, enjoyment, customer loyalty, vision and good communication are the critical success factors?Surely a rhetorical question after 18 years at the club?

[The Falcon]

The failed attempts to hand over the CEO reins to Scott and Fife whilst retaining 'some' executive responsibilities led to both resigning without a job to go to.

That's not true I'm afraid.

[jacomo]

That's not true I'm afraid.

Care to elaborate?

[jdships]

WHU, how do buyhibs intend to get past the potential stalemate where a lot of fans want to know who the business investors are before they pledge and it appears that business investors wont show their hands until pledges start coming in.

Given the Duff/ Gray / Rowland era and what we have seen at other clubs I want to see that any business investors are serious, reputable and have passed due diligence tests before I pledge. I wont be pledging until I know who they are and that the aforementioned due diligence has taken place.



My and I guess thousands of others thoughts too
:top marks

[The Falcon]

Care to elaborate?

Fife left Hibs to join The Drum Property Group as head of marketing and communications.

Scott and his wife set up their own company as a business consultancy particularly to companies involved in sports and leisure. In August this year he became head of finance and IT at the SFA and was on the board of HFC Holdings for a short spell a few years years before he joined the Board of the football club.

Scott was one of the co-founders of The Hibernian Community foundation and remained a director with the foundation after he left the Board of the football club. Served as chair of the foundation between September 2012 and September 2013. He remained as a director and was still a director when Leanne Dempster joined the foundation.

[ancient hibee]

Fife left Hibs to join The Drum Property Group as head of marketing and communications.

Scott and his wife set up their own company as a business consultancy particularly to companies involved in sports and leisure. In August this year he became head of finance and IT at the SFA and was on the board of HFC Holdings for a short spell a few years years before he joined the Board of the football club.

Scott was one of the co-founders of The Hibernian Community foundation and remained a director with the foundation after he left the Board of the football club. Served as chair of the foundation between September 2012 and September 2013. He remained as a director and was still a director when Leanne Dempster joined the foundation.

Surely you know better than to contradict a Hibsnet FACT:greengrin

[RIP]

Fife left Hibs to join The Drum Property Group as head of marketing and communications.

Scott and his wife set up their own company as a business consultancy particularly to companies involved in sports and leisure. In August this year he became head of finance and IT at the SFA and was on the board of HFC Holdings for a short spell a few years years before he joined the Board of the football club.

Scott was one of the co-founders of The Hibernian Community foundation and remained a director with the foundation after he left the Board of the football club. Served as chair of the foundation between September 2012 and September 2013. He remained as a director and was still a director when Leanne Dempster joined the foundation.

There was a clear gap between their CEO roles at Hibs and their new permanent jobs. Both resignations constituted a step down and neither were given the free reign currently enjoyed by Leeann

I rated both highly but consider their roles to have been compromised by the Chairman's insistence on keeping some of their responsibilities back for himself. Something I'm told that Leeann clarified early on in her negotiations.

Scott is still a regular at games and Fife is back with the Dons. My Aberdeen buddy reckons he posts on their fans forum. Both really nice and talented lads

[The Falcon]

There was a clear gap between their roles at Hibs and their new permanent jobs.

No there wasn't. Fife moved to Drum property in Aberdeen for family reasons.



Scott is still a regular at games and Fife is back with the Dons and my Aberdeen buddy reckons he posts on their fans forum. Both really nice and talented lads

Both decent guys.

[grunt]

No posts on here for a day and a half.
Is this an indication of the interest level, I wonder?

[Leithenhibby]

No posts on here for a day and a half.
Is this an indication of the interest level, I wonder?

:agree:

I was just thinking the same thing. So many fans still needing to be convinced that this is the way forward.

Perhaps .net isn't a big enough vehicle to inform us.......... :greengrin

[Mikey]

:agree:

I was just thinking the same thing. So many fans still needing to be convinced that this is the way forward.

Perhaps .net isn't a big enough vehicle to inform us.......... :greengrin

They've got a pretty decent audience here :wink: ............


Total guests that have visited the forum in the last 24 hours: 11,405

I'm sure things will be clearer once they've answered the 50 questions posed by .net users.

The fact that are so many questions is perhaps one of their main issues!

[CropleyWasGod]

The other 28 STF companies he is a director of seem to perform OK. There again, he does not run any of those companies, just as he is no longer running our football club.

That's the new CEO's job.

I thought I knew one of the companies on that list. They own the lease of the Odeon:-

http://www.edinburghnews.scotsman.com/news/mystery-buyer-looks-to-snap-up-clerk-street-odeon-1-3608303

[greenginger]

I thought I knew one of the companies on that list. They own the lease of the Odeon:-

http://www.edinburghnews.scotsman.com/news/mystery-buyer-looks-to-snap-up-clerk-street-odeon-1-3608303


Clerk Street Auditorium Ltd is a Farmer Company. The Odeon was originally bought by Duddingston House Properties Ltd ( another Farmer Group and our Rod is director of seven D. H. Companies up and down the Country ).

Drove past the rear of the property on Buccleuch Street and there is a huge JCB knocking the back of the place to pieces.

[CropleyWasGod]

Clerk Street Auditorium Ltd is a Farmer Company. The Odeon was originally bought by Duddingston House Properties Ltd ( another Farmer Group and our Rod is director of seven D. H. Companies up and down the Country ).

Drove past the rear of the property on Buccleuch Street and there is a huge JCB knocking the back of the place to pieces.

So the fact that another famous Edinburgh institution has been allowed to fester and collapse is down to Rod ...........

:cb

[Leithenhibby]

They've got a pretty decent audience here :wink: ............


:agree: Tongue in cheek, I'd rather be drip fed than to get nothing at all.



I'm sure things will be clearer once they've answered the 50 questions posed by .net users.

The fact that are so many questions is perhaps one of their main issues!

I'm sure it will become much clearer once the Q's have been answered, just didn't expect it to take so long considering they (BuyHibs) have been working on this for months now. I would have thought that they would have had a pretty good idea (I hope) of what to expect from the fans.

Perhaps I'm expecting too much too soon, but I ain't alone on that front. :wink:

[Baldy Foghorn]

I'm sure it will become much clearer one the Q's have been answered, just didn't expect it to take so long considering they (BuyHibs) have been working on this for months now. I would have thought that they would have had a pretty good idea (I hope) of what to expect from the fans.

Perhaps I'm expecting too much too soon, but I ain't alone on that front. :wink:

The fact alone that there are so many unanswered questions, says more about Buyhibs than anything else, I can't help feeling this has been rushed and not thought out properly

[jacomo]

Clerk Street Auditorium Ltd is a Farmer Company. The Odeon was originally bought by Duddingston House Properties Ltd ( another Farmer Group and our Rod is director of seven D. H. Companies up and down the Country ).

Drove past the rear of the property on Buccleuch Street and there is a huge JCB knocking the back of the place to pieces.

But it's a category A listed building?? Surely it can't be demolished without permission?

[CropleyWasGod]

But it's a category A listed building?? Surely it can't be demolished without permission?

They're not demolishing it. They're building a helipad.

[greenginger]

But it's a category A listed building?? Surely it can't be demolished without permission?


The Council granted permission but the all-knowing Scottish Government intervened and allowed a bunch of amateurs to try and make a sustainable project out of the place.

They failed and the original permission has been reinstated.

In this case any " festering " was down to those in charge at Holyrood rather than our Rod. :greengrin

[offshorehibby]

No posts on here for a day and a half.
Is this an indication of the interest level, I wonder?

Probably because most of the questions have been asked we are just waiting for some decent feed back from the buyhibs team. I hope they're not just sitting back waiting for the pledges to roll in. They need to be out there selling this to the support.

[southsider]

I fear this is a non starter. STF "show us your money" Buyhibs directors " we have no money yet" stf "Byyeeee"

[offshorehibby]

I fear this is a non starter. STF "show us your money" Buyhibs directors " we have no money yet" stf "Byyeeee"

I listened to the podcast yesterday and i think they expect STF to come up with a figure if /when they get round the table, surly they need to be convincing STF with a well thought out business plan for starters.

[Leithenhibby]

I listened to the podcast yesterday and i think they expect STF to come up with a figure if /when they get round the table, surly they need to be convincing STF with a well thought out business plan for starters.

As did I. Amateurish at best, was my take.....

BuyHibs does have a helluva people to convince :agree:

[silverhibee]

They're not demolishing it. They're building a helipad.

I was just about to ask about the Helicopter that Kwik fit owned and what happened to it.

Just found out about it.

[Bostonhibby]

As did I. Amateurish at best, was my take.....

BuyHibs does have a helluva people to convince :agree:

:agree: This.

It feels the wrong way round for me - STF isn't desperate to sell and is very likely to be turned only if someone persuades him they have a sound proposal that is in the clubs interests even allowing for how things currently are on the pitch, I don't see him naming a price and begging anyone to buy.

[RIP]

I'm sure it will become much clearer once the Q's have been answered, just didn't expect it to take so long considering they (BuyHibs) have been working on this for months now. I would have thought that they would have had a pretty good idea (I hope) of what to expect from the fans.

I'm not sure 'they' have been working on it for months G - have they?

As far as I can see Dawn, Ashley, Douglas, Pat and Andrew are all new recruits. Only Paul is left over from Forever Hibernian. Neil was working on his own at the start. Other people have been recruited and are working behind the scenes on tax, investment models etc. Paul Goodwin's out the frame to they have had to build their own contacts at other clubs.

I hope they take their time as there is no burning bush. If something is worth doing in respect of community ownership - they need to make sure they put together as robust a proposition as possible. I've no doubt they will make mistakes at the start. Hopefuly they won't be like the Hibs board and keep making the same mistakes over and over again!

[Jonnyboy]

No posts on here for a day and a half.
Is this an indication of the interest level, I wonder?

I asked earlier in the thread if anyone knew how many had pledged but got no answer. Either there's that many, they're still counting or there's not many and revealing the figure would not help to instil confidence?

[Mikey]

I asked earlier in the thread if anyone knew how many had pledged but got no answer. Either there's that many, they're still counting or there's not many and revealing the figure would not help to instil confidence?

I wonder how many at (say) 20 quid a month would be needed to make it workable. 4-5 thousand you would think.

[Andy74]

I'm not sure 'they' have been working on it for months G - have they?

As far as I can see Dawn, Ashley, Douglas, Pat and Andrew are all new recruits. Only Paul is left over from Forever Hibernian. Neil was working on his own at the start. Other people have been recruited and are working behind the scenes on tax, investment models etc. Paul Goodwin's out the frame to they have had to build their own contacts at other clubs.

I hope they take their time as there is no burning bush. If something is worth doing in respect of community ownership - they need to make sure they put together as robust a proposition as possible. I've no doubt they will make mistakes at the start. Hopefuly they won't be like the Hibs board and keep making the same mistakes over and over again!

They must have been working on it.

I asked why they had ignored the recent consultations and club survey which showed little interest in doing this sort of thing now. The answer from El presidente who seems to be working with them is that they had been working on this for some time so had decided to press on.

Maybe time to change the title of this thread though. Interesting might be pushing it!

[Andy74]

I wonder how many at (say) 20 quid a month would be needed to make it workable. 4-5 thousand you would think.

Can't see over half the season ticket holders deciding to pay another 80% or so on top of a ticket to own a bit of the club with no obvious advantage in doing so.

[DarlingtonHibee]

I wonder how many at (say) 20 quid a month would be needed to make it workable. 4-5 thousand you would think.

4-5k at £240 per anum on top of season tickets / walk up's, so £600-700.

More chance of Messi arriving in the window.

[marinello59]

They must have been working on it.

I asked why they had ignored the recent consultations and club survey which showed little interest in doing this sort of thing now. The answer from El presidente who seems to be working with them is that they had been working on this for some time so had decided to press on.

Maybe time to change the title of this thread though. Interesting might be pushing it!

They have been working towards this since before the SDS survey so it has been several months.

[Leithenhibby]

I'm not sure 'they' have been working on it for months G - have they?

As far as I can see Dawn, Ashley, Douglas, Pat and Andrew are all new recruits. Only Paul is left over from Forever Hibernian. Neil was working on his own at the start. Other people have been recruited and are working behind the scenes on tax, investment models etc. Paul Goodwin's out the frame to they have had to build their own contacts at other clubs.

I hope they take their time as there is no burning bush. If something is worth doing in respect of community ownership - they need to make sure they put together as robust a proposition as possible. I've no doubt they will make mistakes at the start. Hopefuly they won't be like the Hibs board and keep making the same mistakes over and over again!

It would be foolish to crack on with a plan of such magnitude without putting the work in, surely :confused:

Perhaps I have this wrong (doubt I have) and you are in a position to explain why you would say that it's not the case. :wink:

[Mikey]

It would be foolish to crack on with a plan of such magnitude without putting the work in, surely :confused:

Perhaps I have this wrong (doubt I have) and you are in a position to explain why you would say that it's not the case. :wink:

It was certainly being worked on in mid October.

[Leithenhibby]

They have been working towards this since before the SDS survey so it has been several months.


It was certainly being worked on in mid October.

The SDS survey was released at the end of August, the start of September!.... :agree:

[BuyHibs]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

[Mikey]

The SDS survey was released at the end of August, the start of September!.... :agree:

It certainly fits.

[CapitalGreen]

1) What do you think our playing budget will be next season if we do not get promoted?

Can you provide details of this seasons playing budget please so we can provide an informed answer.

I assume you will know this, as it will be an integral part of any budgeting forecasts the model will need to include.

[andrew70]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.




We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;




1) What do you think our playing budget will be next season if we do not get promoted?


Much depends on the season ticket/membership uptake. Prices of such schemes and also the way in which we don't go up this year. We may well just fall short this year by the way of a gallant effort which may in turn help to galvanise the support in the same way our neighbours were.


After all that, ha ha, there is too many variables to correctly state how much but I'd imagine it wouldn't be decreased too much as there will be greater need to get back up. I know there are a lot of constraints especially staying in this league but we are always going to have 6-7k fans to allow for a decent sized budget. I'd also add our budget this year is incredibly competitive not only in this league but also the one above.


2) What ownership structure do you envisage for Hibs in 3 years time?


We need people with the financial capacity to take us on until that happens I'd probably opt for it being much of the same except the fans will have more of a control through new schemes and offers. The surveys show that there's no great desire for fan ownership.


3) How do you think the current owners will attract new investment into the club and the team?


Obviously the supporters will be the main go to when it comes to attracting vital investment. Also they will use local businesses perhaps some of these 'money men' who are involved with BuyHibs will put their money where their mouth is.




Best Regards




The BuyHibs Team

👍

[BroxburnHibee]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

I really don't see the point of this?

Have to say I'm not impressed at all so far.

This whole setup and plan just seems bizarre and completely unworkable

[Beefster]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

What's the relevance to BuyHibs asking me to help fund your bid for the club?

[Barney McGrew]

We will answer all your question however we would like you to consider 3 questions whilst we prepare answers

As BuyHibs are the ones putting forward the proposal to purchase the club, I think it's you guys that need to be answering the questions, not the Hibs.net users.

[Caversham Green]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

I would suggest that it's more relevant for BuyHibs to be addressing the parallel questions:

If their bid is successful

1) What will BuyHibs be doing to improve the playing budget next season if we don't get promoted - and also what the budget would be if we did.

2) Why do BuyHibs believe their proposed ownership structure will work - Terry Butcher would almost certainly still have been appointed to replace Pat Fenlon in a fan-owned Hibernian FC.

3) How would BuyHibs efforts at raising new investment differ from those of the current regime, and why do they think those efforts would be more successful.

Change without improvement is a waste of time and money - you have to convince those you are asking to pay for the change that improvement will be the result of that change.

[SouthsideHarp_Bhoy]

The Council granted permission but the all-knowing Scottish Government intervened and allowed a bunch of amateurs to try and make a sustainable project out of the place.

They failed and the original permission has been reinstated.

In this case any " festering " was down to those in charge at Holyrood rather than our Rod. :greengrin

I dont think holyrood is responsible for it. The Scottish Government maybe.

I doubt the bit at the back will ne listed, maybe just the frontage or something?

The fact were even having this discussion on this thread really speaks volumes for the buyhibs thing...!!

[s.a.m]

I dont think holyrood is responsible for it. The Scottish Government maybe.

I doubt the bit at the back will ne listed, maybe just the frontage or something?

The fact were even having this discussion on this thread really speaks volumes for the buyhibs thing...!!

Consent for alterations will depend on the listing, and could include the interior. IIRC, although the Council give (or don't give) the go ahead, A and B listed building alterations have to be referred to Historic Scotland (part of the government) for final approval.

[SouthsideHarp_Bhoy]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

Answert to first q is I have no idea, but I suspect lower than this year, redlecting the obvious fall in income. I thought tbe buyhibs model was also for hibs to be self-sustaining?

In three years, I envisage probably the current structure with some tinkering.


Q3, by investment I presume you mean philanthropy, ie someone just guving hibs money as opposed to investing it looking for a return? I suspect current owner is not easy to deal with, and will give short shrift to chancers and fantasists. Given the people who scurried out of the woodwork to 'invest' in the new huns, those who were supposedly trying to buy hearts and give the shysters that owned us before farmer, I think he is right to be sceptical. I simply dont believe that there is a queue of investors or philanthropists with sufficient ability and means to throw money at hibs. Except our current owner, who seems to fund us when we need it.

Look at hearts, staring oblivion in the face and the only 'rich edinburgh person' who emerged (that mythical breed we always hear about) was budge, who was only willing/able to lend 3m ish, that the fans are paying back to her. That tells me that there are not a lot of rich people in edinburgh looking to invest in a football clubs, and if those that are even fewer ate characters you would want.

Let me ask you a counter question. If hearts were strugglung on the pitch like we are, and we were romping the league would you still be pressing ahead?

And do you think that hearts have a bigger budget thsn us this year?

[Bostonhibby]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team


Wondering if LD is looking in? Interested in what the club view here is. I back her and it's the view I am interested in.

I am expecting to see the buyhibs position on points 1 & 3 (with them in place as theoretical owners) in particular expanded on as part of the debate.

[SouthsideHarp_Bhoy]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

Answert to first q is I have no idea, but I suspect lower than this year, redlecting the obvious fall in income. I thought tbe buyhibs model was also for hibs to be self-sustaining?

In three years, I envisage probably the current structure with some tinkering.


Q3, by investment I presume you mean philanthropy, ie someone just guving hibs money as opposed to investing it looking for a return? I suspect current owner is not easy to deal with, and will give short shrift to chancers and fantasists. Given the people who scurried out of the woodwork to 'invest' in the new huns, those who were supposedly trying to buy hearts and give the shysters that owned us before farmer, I think he is right to be sceptical. I simply dont believe that there is a queue of investors or philanthropists with sufficient ability and means to throw money at hibs. Except our current owner, who seems to fund us when we need it.

Look at hearts, staring oblivion in the face and the only 'rich edinburgh person' who emerged (that mythical breed we always hear about) was budge, who was only willing/able to lend 3m ish, that the fans are paying back to her. That tells me that there are not a lot of rich people in edinburgh looking to invest in a football clubs, and if those that are even fewer ate characters you would want.

Let me ask you a counter question. If hearts were strugglung on the pitch like we are, and we were romping the league would you still be pressing ahead?

And do you think that hearts have a bigger budget thsn us this year?

[Andy74]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team
Seriously?

[madhatter]

[QUOTE=Andy74;4228926]Seriouinformation, ]

I think most people are of this opinion...
"We've not provided you with any decent information but whilst we're trying to collect this information, can you answer questions that we should inversely be answering". Funding under current regime? Is not great. Funding under alleged new regime? Dream or nightmare - take your pick because either way the only information we have is what appears when we close our eyes at night.

Not to put the whole idea down but this seems to be fuelled by anger at Rod Petrie (justified) and with little to no substance. Nowadays if you make promises of a better future you need information and direction, especially if you want people to hand over their hard earned cash. Remember, club hasn't cared for it's fans for years - people are cautious now and I can't blame them, after all "Get your Season Ticket now in order to see good football and experience a great atmosphere" is a promise going back a good few years. Promises are promises. Nothing else until delivery is achieved.

[Andy74]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

I see some of you enjoyed a night out at what looks like hospitality at the Scotland game last night with your BuyHibs banners and things - was this seen as more critical than attending to the questions that most fans still have about this process?

[Bad Martini]

So, is it all sorted yet :greengrin

...I was just about to invest £39485034853445958 per month, til I read that sticky thread on the first page and remembered we owe a few million quid and I'd be buying all that lovely debt as well as our "assets" (and a team that failed to score against QOTS) :cb

Off to buy a submarine and park it in the Forth instead. :aok:

:thumbsup:

[khib70]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?


2) What ownership structure do you envisage for Hibs in 3 years time?


3) How do you think the current owners will attract new investment into the club and the team?




Best Regards


The BuyHibs Team

You're asking us questions????

Didn't you miss out one from this post -

4) Can we have your money please, based on no concrete information, future plans, or anything at all, except a Limited by Guarantee document which anyone can obtain in exchange for a few quid?

I can answer that one.

NO!!!!!

[Golden Bear]

I see some of you enjoyed a night out at what looks like hospitality at the Scotland game last night with your BuyHibs banners and things - was this seen as more critical than attending to the questions that most fans still have about this process?



Agh - the Fat Cats corporate cover has been blown already. Shame on them.

:greengrin

[Keith_M]

That list of questions from BuyHibs is just bizarre. How could we possibly know?

The only reason to post that is to put the suggestion in people's minds that we are going to be much worse off under the current ownership and we, therefore, need new owners.

That hasn't convinced me that BuyHibs are the people for the job.

[RIP]

I'm not sure 'they' have been working on it for months G - have they?

As far as I can see Dawn, Ashley, Douglas, Pat and Andrew are all new recruits. Only Paul is left over from Forever Hibernian. Neil was working on his own at the start. Other people have been recruited and are working behind the scenes on tax, investment models etc. Paul Goodwin's out the frame to they have had to build their own contacts at other clubs.


They must have been working on it.


The SDS survey was released at the end of August, the start of September!.... :agree:

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board. You are clearly informed guys making some excellent points - would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? Would you be willing to pop along to a meeting to make a more significant contribution?

The point that you chose to ignore in my post was that five of the campaign team are brand new recruits - only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.

I'm hoping the feedback they are getting post launch will allow them to learn lessons, refine and improve their proposition. It took Hearts and Dunfermline 6-12 months to get their act together and Motherwell are still at it years later. It's not going to be a quick process, that's for sure. It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.

I don't want to fall out with anyone on here - just asking us to strike a wee bit of balance

[HappyAsHellas]

can you turn criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes?





I think that's what the problem is - how to make a community scheme economically viable. Many questions have been asked, but until such time as they are answered a lot of people will not commit, myself included.
This doesn't mean I'm against change - as someone else said, the planned change must show why it is an improvement on what we already have. I will remain open minded until our questions are answered.

[Barney McGrew]

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board

Absolutely. Anyone who questions BuyHibs plans clearly works for the club.

Wow. Just wow.

[grunt]

... would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? When was it decided that this was the way forward? I don't remember there being a vote. I've said - to you a number of times - that there is no evidence that a community ownership model can work in the Scottish football league. And yet there is a continuing drip, drip of posts which talk about how we need to make this model work?

Why?

Alternatively, why can't we continue with STF ownership model until he offers up a proposal for how we continue after he leaves us. If indeed that is what he wants to do, which I'm not convinced about.

And while I'm posting, please don't reply by telling me to look at our position in the Championship, or our many managers over the last x years, or our persistent failure in big games. This has nothing to do with our ownership model, and everything to do with bad footballing decisions by executive management and successive managers. We need to sort out the management of the club and the team, and LD and AS seem to be doing that. The ownership is fine, as far as I'm concerned. Which is where the BuyHibs proposal is flawed, IMO. They have identified a problem on the pitch and in management, but their proposed solution is to fix an ownership problem we don't have.

[marinello59]

- only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.



NW said the survey was commissioned by himself as an individual. Now you give a different version of the truth. This confuses the hell out of me. :confused:

[Sioux]

It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.


Lets walk across this rope bridge thats five hunderd feet in the air. But what if it fails? Eh................................................ ............:rolleyes:

Sounds like a right good business plan!!!!!!!!!!!

[Golden Bear]

When was it decided that this was the way forward? I don't remember there being a vote. I've said - to you a number of times - that there is no evidence that a community ownership model can work in the Scottish football league. And yet there is a continuing drip, drip of posts which talk about how we need to make this model work?

Why?

Alternatively, why can't we continue with STF ownership model until he offers up a proposal for how we continue after he leaves us. If indeed that is what he wants to do, which I'm not convinced about.

And while I'm posting, please don't reply by telling me to look at our position in the Championship, or our many managers over the last x years, or our persistent failure in big games. This has nothing to do with our ownership model, and everything to do with bad footballing decisions by executive management and successive managers. We need to sort out the management of the club and the team, and LD and AS seem to be doing that. The ownership is fine, as far as I'm concerned. Which is where the BuyHibs proposal is flawed, IMO. They have identified a problem on the pitch and in management, but their proposed solution is to fix an ownership problem we don't have.

:agree:

And therein lies the crux of the matter - undoubtedly.

[Leithenhibby]

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board. You are clearly informed guys making some excellent points - would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? Would you be willing to pop along to a meeting to make a more significant contribution?

The point that you chose to ignore in my post was that five of the campaign team are brand new recruits - only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.

I'm hoping the feedback they are getting post launch will allow them to learn lessons, refine and improve their proposition. It took Hearts and Dunfermline 6-12 months to get their act together and Motherwell are still at it years later. It's not going to be a quick process, that's for sure. It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.

I don't want to fall out with anyone on here - just asking us to strike a wee bit of balance

As every Hibernian fan should be :agree:


Absolutely. Anyone who questions BuyHibs plans clearly works for the club.

Wow. Just wow.

:agree:

RIP has said that more than once. Unbelievable really :grr:

[blackpoolhibs]

:agree:

And therein lies the crux of the matter - undoubtedly.

Who were all put in place by the man the owner asked to run the ship. The people at the top should stop looking for excuses, they are the folk who have the power and have ran this club the way its been ran.

[Bostonhibby]

Lets walk across this rope bridge thats five hunderd feet in the air. But what if it fails? Eh................................................ ............:rolleyes:

Sounds like a right good business plan!!!!!!!!!!!
[emoji106] There's plenty things that hibbies I know do for the club and beyond but just because they do doesn't mean I'd automatically back them to run the club to the exclusion of all others. Nor would I unilaterally follow their view of how it should all be done just because they got in there first.

[BroxburnHibee]

When was it decided that this was the way forward? I don't remember there being a vote. I've said - to you a number of times - that there is no evidence that a community ownership model can work in the Scottish football league. And yet there is a continuing drip, drip of posts which talk about how we need to make this model work?

Why?

Alternatively, why can't we continue with STF ownership model until he offers up a proposal for how we continue after he leaves us. If indeed that is what he wants to do, which I'm not convinced about.

And while I'm posting, please don't reply by telling me to look at our position in the Championship, or our many managers over the last x years, or our persistent failure in big games. This has nothing to do with our ownership model, and everything to do with bad footballing decisions by executive management and successive managers. We need to sort out the management of the club and the team, and LD and AS seem to be doing that. The ownership is fine, as far as I'm concerned. Which is where the BuyHibs proposal is flawed, IMO. They have identified a problem on the pitch and in management, but their proposed solution is to fix an ownership problem we don't have.

:top marks:

[Andy74]

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board. You are clearly informed guys making some excellent points - would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? Would you be willing to pop along to a meeting to make a more significant contribution?

The point that you chose to ignore in my post was that five of the campaign team are brand new recruits - only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.

I'm hoping the feedback they are getting post launch will allow them to learn lessons, refine and improve their proposition. It took Hearts and Dunfermline 6-12 months to get their act together and Motherwell are still at it years later. It's not going to be a quick process, that's for sure. It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.

I don't want to fall out with anyone on here - just asking us to strike a wee bit of balance


I'm not really certain some of the tone in there deserves a response but I'll just say this - it's not up to me to provide balance. I don't believe this model is needed or workable and I am far from impressed with the the approach taken so far by a number of individuals and the group itself. If they would like to provide some balance then great, they have done very little so far to suggest that they have a proposal worth looking to or that they even know themselves what the proposal is. If they believe that to be incorrect they could always set about doing something to change some minds.

[Ozyhibby]

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board. You are clearly informed guys making some excellent points - would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? Would you be willing to pop along to a meeting to make a more significant contribution?

The point that you chose to ignore in my post was that five of the campaign team are brand new recruits - only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.

I'm hoping the feedback they are getting post launch will allow them to learn lessons, refine and improve their proposition. It took Hearts and Dunfermline 6-12 months to get their act together and Motherwell are still at it years later. It's not going to be a quick process, that's for sure. It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.

I don't want to fall out with anyone on here - just asking us to strike a wee bit of balance

I agree 100%
Make you wonder about the agenda of some on here.

[RIP]

Absolutely. Anyone who questions BuyHibs plans clearly works for the club.

Are you for real? I've posted my questions on the BuyHibs thread. I've also pitched up at meetings and asked questions. And been shouted down as a 'Working Together' spy. You know - one of those people who has 'secret meetings' with management (even though these public meetings were openly advertised). So does that mean I work for the club? No. But I do believe in management and fans groups working together. Not fans taking pot shots at other fans. A bit of supporter unity and civility whilst in disagreement wouldn't go amiss.

Hibs.Net is so polarised these days. It appears you have to either blindly support something or be fiercely agin it. I'm neither till I hear more details. For me the campaign hasn't sold fans on the why, the imperative. I'm trying to balance the risks of our failed board deciding strategy or an immature supporters group proposing a different way. I would have preferred a joint endeavour but Rod's idea of supporter engagement only appears to extend to 'consultation' and 2 fans on the board. Like my bosses at work who run engagement forums but always do what they please regardless. Here's hoping Leeann will knock heads together.


NW said the survey was commissioned by himself as an individual. Now you give a different version of the truth. This confuses the hell out of me. :confused:

I didn't given a different version of the truth. I gave my understanding which is clearly wrong. Please accept my most sincere apologies. In future I'll send all my drafts to you before posting so you can pick through it with yer red pen :wink:

[marinello59]

Are you for real? I've posted my questions on the BuyHibs thread. I've also pitched up at meetings and asked questions. And been shouted down as a 'Working Together' spy. You know - one of those people who has 'secret meetings' with management (even though these public meetings were openly advertised). So does that mean I work for the club? No. But I do believe in management and fans groups working together. Not fans taking pot shots at other fans. A bit of supporter unity and civility whilst in disagreement wouldn't go amiss.

Hibs.Net is so polarised these days. It appears you have to either blindly support something or be fiercely agin it. I'm neither till I hear more details. For me the campaign hasn't sold fans on the why, the imperative. I'm trying to balance the risks of our failed board deciding strategy or an immature supporters group proposing a different way. I would have preferred a joint endeavour but Rod's idea of supporter engagement only appears to extend to 'consultation' and 2 fans on the board. Like my bosses at work who run engagement forums but always do what they please regardless. Here's hoping Leeann will knock heads together.



I didn't given a different version of the truth. I gave my understanding which is clearly wrong. Please accept my most sincere apologies. In future I'll send all my drafts to you before posting so you can pick through it with yer red pen :wink:

:confused:
You clearly said it was the truth and we could choose to accept it or not. Fair enough if you are now saying it wasn't actually the truth at all.

[Andy74]

I agree 100%
Make you wonder about the agenda of some on here.

It's just called having a different opinion.

You've been on the bandwagon in a big way supporting this and talking down things statue club, so do you have an agenda?

[Andy74]

Are you for real? I've posted my questions on the BuyHibs thread. I've also pitched up at meetings and asked questions. And been shouted down as a 'Working Together' spy. You know - one of those people who has 'secret meetings' with management (even though these public meetings were openly advertised). So does that mean I work for the club? No. But I do believe in management and fans groups working together. Not fans taking pot shots at other fans. A bit of supporter unity and civility whilst in disagreement wouldn't go amiss.

Hibs.Net is so polarised these days. It appears you have to either blindly support something or be fiercely agin it. I'm neither till I hear more details. For me the campaign hasn't sold fans on the why, the imperative. I'm trying to balance the risks of our failed board deciding strategy or an immature supporters group proposing a different way. I would have preferred a joint endeavour but Rod's idea of supporter engagement only appears to extend to 'consultation' and 2 fans on the board. Like my bosses at work who run engagement forums but always do what they please regardless. Here's hoping Leeann will knock heads together.



I didn't given a different version of the truth. I gave my understanding which is clearly wrong. Please accept my most sincere apologies. In future I'll send all my drafts to you before posting so you can pick through it with yer red pen :wink:

Taking pots shots like likening people to rashes and foot soldiers? Perhaps take some of your own advice and let people have their opinions too?

[Barney McGrew]

Are you for real?

No - I'm entirely a figment of your imagination :cb

[FranckSuzy]

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board. You are clearly informed guys making some excellent points - would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? Would you be willing to pop along to a meeting to make a more significant contribution?

The point that you chose to ignore in my post was that five of the campaign team are brand new recruits - only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.

I'm hoping the feedback they are getting post launch will allow them to learn lessons, refine and improve their proposition. It took Hearts and Dunfermline 6-12 months to get their act together and Motherwell are still at it years later. It's not going to be a quick process, that's for sure. It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.

I don't want to fall out with anyone on here - just asking us to strike a wee bit of balance

To be fair, there's some that post on here that I would believe that of but not those two.

[Beefster]

I agree 100%
Make you wonder about the agenda of some on here.

Given your trashing of the club at any opportunity and bumming up of any alternative to STF, I don't think anyone is in any doubt about your agenda.

[Forza Fred]

Lots of verbal bullets being fired in various skirmishes on this topic, without any of them appearing to hit any major targets.

My view

1 It is inevitable that those who raise their heads above the parapet with ANY proposal will be subject to scrutiny and flack, but hopefully this will not deter people continuing to do what they think will benefit the club.

2 It is also inevitable that many may not necessarily agree with their vision, and rightfully will seek to point out what they see as flaws in it

We should not end up falling out with each other because we have diverse opinions, as we all (yam infiltrators aside) want what is best for our club

3 for what it's worth I see what I think is proposed as being impractical and unsustainable in the long term, but I heartily applaud those behind it for having a go

Perhaps some kind of compromise of what I believe is on offer may ultimately be the solution or part solution.

Bue we should disagree in a mature fashion, hopefully

[Jonnyboy]

You lads are all over this thread like a rash. Supporters critique is totally justified but with you delivering so much condemnation we could be excused for believing you are footsoldiers for Benchmark PR or the club board. You are clearly informed guys making some excellent points - would you consider turning criticism into suggestions for improvements that might make a community ownership proposition more viable in your eyes? Would you be willing to pop along to a meeting to make a more significant contribution?

The point that you chose to ignore in my post was that five of the campaign team are brand new recruits - only Neil and Paul were involved in ownership discussions in August/September when the HSA/FH used SDS to host their survey. It's up to you whether you accept this but it is the truth. Have they launched too soon before all new team members were fully on board? Possibly.

I'm hoping the feedback they are getting post launch will allow them to learn lessons, refine and improve their proposition. It took Hearts and Dunfermline 6-12 months to get their act together and Motherwell are still at it years later. It's not going to be a quick process, that's for sure. It might fall on it's arse but after 7 years of decline at our club you have to admire supporters for finally rolling their sleeves up. I know Leeann would rather work with these kind of people than those who merely moan on messageboards or send her abusive emails.

I don't want to fall out with anyone on here - just asking us to strike a wee bit of balance

That's more than insulting G and you know it. Fans on this site have every right to comment on the group. After all, we're being asked to blindly support it. I expect better from you

[Eyrie]

Thanks to all .Net users for posting questions for BuyHibs. Due to the sheer volume we have received it is taking us a while to work through them however we will post responses to all questions by Friday - fortunately we all have full time employment and we are working as fast as we can to compile answers for you.


We will answer all your question however we would like you to consider 3 questions whilst we prepare answers;


1) What do you think our playing budget will be next season if we do not get promoted?
That depends on how much BuyHibs are willing to increase the fifth biggest budget in Scottish football.


2) What ownership structure do you envisage for Hibs in 3 years time?
The BuyHibs website explains everything.


3) How do you think the current owners will attract new investment into the club and the team?
By selling to BuyHibs of course.

I'm disappointed that you're still asking the fans how you should proceed. Surely you should have covered everything with the surveys before going public?

[ancient hibee]

Surely any group that wants to take over a business has to say why this would be a better way of running it.Just saying the current board has messed up doesn't cut it.

[Bostonhibby]

Are you for real? I've posted my questions on the BuyHibs thread. I've also pitched up at meetings and asked questions. And been shouted down as a 'Working Together' spy. You know - one of those people who has 'secret meetings' with management (even though these public meetings were openly advertised). So does that mean I work for the club? No. But I do believe in management and fans groups working together. Not fans taking pot shots at other fans. A bit of supporter unity and civility whilst in disagreement wouldn't go amiss.

Hibs.Net is so polarised these days. It appears you have to either blindly support something or be fiercely agin it. I'm neither till I hear more details. For me the campaign hasn't sold fans on the why, the imperative. I'm trying to balance the risks of our failed board deciding strategy or an immature supporters group proposing a different way. I would have preferred a joint endeavour but Rod's idea of supporter engagement only appears to extend to 'consultation' and 2 fans on the board. Like my bosses at work who run engagement forums but always do what they please regardless. Here's hoping Leeann will knock heads together.



I didn't given a different version of the truth. I gave my understanding which is clearly wrong. Please accept my most sincere apologies. In future I'll send all my drafts to you before posting so you can pick through it with yer red pen :wink:


I am going to do something I'd rather not, and suggest you are maybe "living the dream" by being a bit too close too / blinkered / loyal to the one show in town at the moment? balance requires the ability to see both ways, or you're not balanced at all but making out a decent case for your own starting position?

Nothing personal just an observation on what I read.

I am openly not in the Buyhibs camp or model just now, am a Petrie out Loyalist but I can see the disconnect between the view of what has gone wrong over the last 6/7 years and fixing it all by somehow dislodging STF by using a fan funded model where so many questions exist post launch.

[Baldy Foghorn]

I am totally confused as to BuyHibs 3 questions posted earlier....I don't see how monthly pledges is a viable business model going forward, seems all very ill thought out to me. (And in no way am I a Benchmark PR footsoldier):confused::confused:

[Baldy Foghorn]

I really don't see the point of this?

Have to say I'm not impressed at all so far.

This whole setup and plan just seems bizarre and completely unworkable

Agree with this

[JimBHibees]

Surely any group that wants to take over a business has to say why this would be a better way of running it.Just saying the current board has messed up doesn't cut it.

Indeed. Struggling to see the benefits.

[jdships]

Indeed. Struggling to see the benefits.

:agree::thumbsup:

[SunshineOnLeith]

Glad to see this seems to be falling on its arse and failing.

"Fan Ownership" just equates to someone, or a group of people, saying "We quite fancy running a football club but can't afford to buy it, let's get the fans to buy it for us"

I'm not opposed to change in ownership, but don't feel that it is required if Sir Tom is happy to continue. The problem with Hibs is that we've been rubbish at football for a good few years. With the exception of Colin Calderwood all managerial appointments have been welcomed by the fans, and all have been well backed financially (within the context/constraints of a £7m turnover Scottish football club).

If someone wants to BuyHibs, great, buy Hibs. Can't afford to buy Hibs? Then don't buy Hibs. Don't want the full financial risks of owning Hibs? Then don't buy Hibs.

[Forza Fred]

I am totally confused as to BuyHibs 3 questions posted earlier....I don't see how monthly pledges is a viable business model going forward, seems all very ill thought out to me. (And in no way am I a Benchmark PR footsoldier):confused::confused:

I'm regrettably of the same opinion that monthly fan pledges are not a viable, sustainable way of funding a senior professional football club.

[biggineurope]

Firstly apologies if this has been covered.

I have pledged with BuyHibs, however I have had an email from BuyHibs/Gocardless people saying that my direct debit has been cancelled as the banking system cannot set it up. I find this weird (I'm TSB) but ask has anyone else had this.

[marinello59]

Firstly apologies if this has been covered.

I have pledged with BuyHibs, however I have had an email from BuyHibs/Gocardless people saying that my direct debit has been cancelled as the banking system cannot set it up. I find this weird (I'm TSB) but ask has anyone else had this.

I think they have cancelled them all but you'd need to check with them.

[bingo70]

I'm regrettably of the same opinion that monthly fan pledges are not a viable, sustainable way of funding a senior professional football club.

This wouldn't be how the club is funded. It would be funded the way we are now. Ticket sales, sponsorship, player sales, tv deals etc....

Fan ownership appeals to me as it's a potential additional source of income we've not got just now, it would also be an alternative to our current ownership who I think is doing a terrible job.

That said, I'm not convinced by the current proposals, I do think there is a place for this kind of set up if it can be worked out though.

[oregonhibby]

This wouldn't be how the club is funded. It would be funded the way we are now. Ticket sales, sponsorship, player sales, tv deals etc....

Unfortunately come March of an average year when there is a funding gap and funds are needed to get the Club to the start of the next season there will be no bank of last resort - i.e. STF. That would fall to the shareholders or obtaining a commercial loan from the bank. BuyHibs talk about a dividend. If that is so then there may be a need for a further rights issue or a call for shareholders to come up with more funds. Look at Motherwell. Most successful period in their recent history and they are on their uppers.

It may be that they are looking at 2 classes of shares - one for general fans: 51%, and one for the "investors": 49%, with the 49% getting a potential divi. But the reality is that when there is a funding gap someone has to fill it or it becomes an ever decreasing circle.

I for one believe that greater fan ownership is the way ahead but there needs to be some more thinking. Someone else said here that we are not on a burning platform and if that is the case lets take the time to look closely at this and work with the Club to come up with an optimum solution.

[stoneyburn hibs]

Glad to see this seems to be falling on its arse and failing.

"Fan Ownership" just equates to someone, or a group of people, saying "We quite fancy running a football club but can't afford to buy it, let's get the fans to buy it for us"

I'm not opposed to change in ownership, but don't feel that it is required if Sir Tom is happy to continue. The problem with Hibs is that we've been rubbish at football for a good few years. With the exception of Colin Calderwood all managerial appointments have been welcomed by the fans, and all have been well backed financially (within the context/constraints of a £7m turnover Scottish football club).

If someone wants to BuyHibs, great, buy Hibs. Can't afford to buy Hibs? Then don't buy Hibs. Don't want the full financial risks of owning Hibs? Then don't buy Hibs.

Basically my thoughts. However well intentioned, I really can't see this getting of the ground.

[Mikey]

Firstly apologies if this has been covered.

I have pledged with BuyHibs, however I have had an email from BuyHibs/Gocardless people saying that my direct debit has been cancelled as the banking system cannot set it up. I find this weird (I'm TSB) but ask has anyone else had this.

Payments would have been taken today if they hadn't cancelled the direct debit. I don't think that would have gone down well :greengrin

Presumably you'll need to set it up again if it comes to it.

[SaudiHibby]

Having been involved in countless merger and acquisition deals, start ups and forming joint ventures with PLC's I can assure you the only workable strategy is to keep your own council and powder dry until you are absolutely ready to do business i.e. funds in place or a plan for funding, terms agreed between, at least your own team members or at best between both parties. In my experience those that are willing to discuss the process all the way through are either looking to enhance shareholder value or are on a mission to boost their own egos.

I totally get the need for fan consultation and involvement but there must be historical detail on percentages of a fan base who commit and how much so that you can have a stab at income generation models alongside current income levels and future income streams that you and your team will bring in.

Seems a bit amateurish to me at the moment. We are asked to commit, we commit and then nothing happens. :confused:

[Kaiser1962]

It may be that they are looking at 2 classes of shares - one for general fans: 51%, and one for the "investors": 49%, with the 49% getting a potential divi. But the reality is that when there is a funding gap someone has to fill it or it becomes an ever decreasing circle.


It would seem, from the interview with Ashley Thorne this week, that the 49% "investors" shareholding will include the 26% they would like STF to retain. It was not clear whether they expect him to buy this or just hold onto it. To me that leaves 23% available to corporate.

Cav has covered the payment of a dividend and despite the wording of "up to 10%" this seems unlikely to come to pass.

[DarlingtonHibee]

It would seem, from the interview with Ashley Thorne this week, that the 49% "investors" shareholding will include the 26% they would like STF to retain. It was not clear whether they expect him to buy this or just hold onto it. To me that leaves 23% available to corporate.

Cav has covered the payment of a dividend and despite the wording of "up to 10%" this seems unlikely to come to pass.

is this inteview available via a link ?

[CropleyWasGod]

It would seem, from the interview with Ashley Thorne this week, that the 49% "investors" shareholding will include the 26% they would like STF to retain. It was not clear whether they expect him to buy this or just hold onto it. To me that leaves 23% available to corporate.

Cav has covered the payment of a dividend and despite the wording of "up to 10%" this seems unlikely to come to pass.

That wasn't how I read the original proposal.


BuyHibs propose a new ownership model with three key elements:

Sir Tom Farmer to retain a 26% interest as a golden share
BuyHibs – with the backing of Hibs supporters – and Sir Tom Farmer to own a majority (ie over 50%) of Hibs
Allow investors to make an investment and bring their own expertise and experience to the board of Hibernian Football Club

The final percentages owned by both BuyHibs and additional investors are unknown – they’d be dependent on both interest from investors and the backing Hibs fans give BuyHibs.

[Kaiser1962]

is this inteview available via a link ?

http://youtu.be/13PsCTYVzWI

6:50 in

[Kaiser1962]

That wasn't how I read the original proposal.


BuyHibs propose a new ownership model with three key elements:

Sir Tom Farmer to retain a 26% interest as a golden share
BuyHibs – with the backing of Hibs supporters – and Sir Tom Farmer to own a majority (ie over 50%) of Hibs
Allow investors to make an investment and bring their own expertise and experience to the board of Hibernian Football Club

The final percentages owned by both BuyHibs and additional investors are unknown – they’d be dependent on both interest from investors and the backing Hibs fans give BuyHibs.


Just adds to the confusion.

http://youtu.be/13PsCTYVzWI

around 6:50 ish

[DarlingtonHibee]

That wasn't how I read the original proposal.


BuyHibs propose a new ownership model with three key elements:

Sir Tom Farmer to retain a 26% interest as a golden share
BuyHibs – with the backing of Hibs supporters – and Sir Tom Farmer to own a majority (ie over 50%) of Hibs
Allow investors to make an investment and bring their own expertise and experience to the board of Hibernian Football Club

The final percentages owned by both BuyHibs and additional investors are unknown – they’d be dependent on both interest from investors and the backing Hibs fans give BuyHibs.

I'm no financial expert, but work for a FTSE 100 company where M&A do happen.

Any takeover / buy out, major shareholder change is not normally announced until the deal is either done, or preferred supplier / buyer agreed.

Tin Hat on - In my opinion BuyHibs looks as shambles from every aspect - comms, strategy, meetings, confidential agreements, Heads of agreements, due diligence, prospectus, external investors to name a few.

[grunt]

Looks like BuyHibs are planning to run their campaign via Twitter.

[grunt]

Buy Hibs ‏@BuyHibs 4m4 minutes ago (https://twitter.com/BuyHibs/status/535384131736469504) On launching on 11 November, BuyHibs were open and clear that it wished to meet with the owners of the club to discuss a number of issues.

On our launch day we sent letters to Sir Tom Farmer and Rod Petrie asking for a meeting with the owners.

BuyHibs have received an invitation to meet the directors of Hibernian however we have declined this invitation

We feel only the current owners can engage in discussions about the future of our club.

We have again asked for the owners to enter positive dialogue in order that positive change can be forthcoming

That will provide an opportunity for new investment into the club, protect the clubs assets for the future generations .

And provide a legacy for Sir Tom Farmer

[andrew70]

Looks like BuyHibs are planning to run their campaign via Twitter.

Whilst refusing to meet with directors as invited, saying they only wish to speak to the current owners. Very strange move seeing as the directors work for the owners and it will be within their remit to report back to the owners.

I can see STF sitting there, at the moment, thinking that this isn't a group with any understanding of business so we better bypass them.

I'll say it again change of ownership is neither desired or required. We need to let the club continue to move forward with their footballing plan whilst allowing for the club to make any business decisions at or post AGM.

[offshorehibby]

Just read it on FB as well


Buy Hibs ‏@BuyHibs 4m4 minutes ago (https://twitter.com/BuyHibs/status/535384131736469504) On launching on 11 November, BuyHibs were open and clear that it wished to meet with the owners of the club to discuss a number of issues.

On our launch day we sent letters to Sir Tom Farmer and Rod Petrie asking for a meeting with the owners.

BuyHibs have received an invitation to meet the directors of Hibernian however we have declined this invitation

We feel only the current owners can engage in discussions about the future of our club.

We have again asked for the owners to enter positive dialogue in order that positive change can be forthcoming

That will provide an opportunity for new investment into the club, protect the clubs assets for the future generations .

And provide a legacy for Sir Tom Farmer

Am i being thick here, i thought the letters to STF & RP were issued so they can enter some sort of dialogue, an invitation is sent and they refuse, what am i missing.

[Andy74]

Buy Hibs ‏@BuyHibs 4m4 minutes ago (https://twitter.com/BuyHibs/status/535384131736469504) On launching on 11 November, BuyHibs were open and clear that it wished to meet with the owners of the club to discuss a number of issues.

On our launch day we sent letters to Sir Tom Farmer and Rod Petrie asking for a meeting with the owners.

BuyHibs have received an invitation to meet the directors of Hibernian however we have declined this invitation

We feel only the current owners can engage in discussions about the future of our club.

We have again asked for the owners to enter positive dialogue in order that positive change can be forthcoming

That will provide an opportunity for new investment into the club, protect the clubs assets for the future generations .

And provide a legacy for Sir Tom Farmer

Game over.

[grunt]

Am i being thick here, i thought the letters to STF & RP were issued so they can enter some sort of dialogue, an invitation is sent and they refuse, what am i missing.
I'm guessing that they don't want to speak to Petrie? Seems an odd way to handle your takeover bid.

[greenginger]

I'm no financial expert, but work for a FTSE 100 company where M&A do happen.

Any takeover / buy out, major shareholder change is not normally announced until the deal is either done, or preferred supplier / buyer agreed.

Tin Hat on - In my opinion BuyHibs looks as shambles from every aspect - comms, strategy, meetings, confidential agreements, Heads of agreements, due diligence, prospectus, external investors to name a few.


I think BuyHibs have thought if they just hoisted a flag all dissatisfied people would rally behind it and it would develop into something sustainable.

A very simplistic approach, but maybe not deserving all the ridicule they seem to be getting.

[Andy74]

Sad that Pat Stanton is Chairman of a group that are refusing to meet the Board. I thought they were delighted with the response from Leeann saying they are happy to talk to them. Shambles.

[grunt]

Simon Pia:

#BuyHibs (https://twitter.com/hashtag/BuyHibs?src=hash)” Farmer must gift club to fans & go

[DarlingtonHibee]

Just adds to the confusion.

http://youtu.be/13PsCTYVzWI

around 6:50 ish

Some classics in there.

"basing on pledges" - how many jambos are pledging on the website .

"Bank's have a record of debt forgivness with foortball clubs / CIC " - lol, sure the shareholders of the banks will be happy with this !!

"If the price is £10m - we only have to raise £5.1m in pledges". Realy !!

No disrespect to those taking part - serious concerns about their abilities, I'm more comfortable where we are with our owner / board.

Half of it sounds like an Alan Stubbs interview about the team !!

Story changing every day - were are not talking to Hearts - funny I thought they were seeking a meeting with Ann ?

To me thi is a total non starter - still they got their 30 miutes of web time.

[marinello59]

Simon Pia:

#BuyHibs (https://twitter.com/hashtag/BuyHibs?src=hash)” Farmer must gift club to fans & go

It's all getting rather sad and silly now.

[DarlingtonHibee]

Simon Pia:

#BuyHibs (https://twitter.com/hashtag/BuyHibs?src=hash)” Farmer must gift club to fans & go

I'm sure STF will be convinced by Simon, who has slagged STF and RP since they arrived - total bull**** from Simon - what does he know about running a business.

[Spike Mandela]

Whilst refusing to meet with directors as invited, saying they only wish to speak to the current owners. Very strange move seeing as the directors work for the owners and it will be within their remit to report back to the owners.

I can see STF sitting there, at the moment, thinking that this isn't a group with any understanding of business so we better bypass them.

I'll say it again change of ownership is neither desired or required. We need to let the club continue to move forward with their footballing plan whilst allowing for the club to make any business decisions at or post AGM.

Depends whether you want to speak to the monkey or the organ grinder.

BuyHibs have expressed a very public desire to speak directly to the owner(s) of Hibernian Football Club and, no matter your opinion of them or any takeover, surely Sir Tom can find a little time to listen to what they have to say face to face. Common courtesy, no?

[DarlingtonHibee]

Depends whether you want to speak to the monkey or the organ grinder.

BuyHibs have expressed a very public desire to speak directly to the owner(s) of Hibernian Football Club and, no matter your opinion of them or any takeover, surely Sir Tom can find a little time to listen to what they have to say face to face. Common courtesy, no?

Maybe if they put together a prospectus, showing their plan, investors, solution to debt etc, he might see them.

Rather than "thanks for the past, but we think you should hand over the club for nothing, including all the assets.

Does worry me how niave this group are. I wouldn't let them run my monthly house budget.

PS - the pod cast says nothing really, apart from the fact they are Hibs fan's - no financial facts " just pledge" - as I said before the Jambos will be filling that up with glee - as some Hibs fans did.

[Keith_M]

I think the best idea for ownership is that I give ten million to STF and Petrie for the Club, Stadium and East Mains then tell them both to bolt.


I'll then became a bad-ass dictator, where my word is law and anyone that disagrees is oot the door. There'll be a statue of me outside the West Stand and I'll name the other stands after my Hamsters. Board Meetings will resemble the Playboy Mansion, with a Swimming Pool, Bikini clad girls and lots of grapes (However, Ms Dempster will be treated with utmost respect, as befits a female woman).

I'll send 'the boys' round to Darkheid to make an offer for Sparky that they cannot possibly refuse. There will be talk of sleeping with fishes at said meeting.

In order to respect our heritage, their will be a large Harp placed on the front of the West Stand and the teams will thereafter be greeted onto the pitch by dancing Leprechauns. A large poster of John Wayne from the film "The Quiet Man" will be placed in the foyer. The poster from hibs.net that previously called himself 'the quiet man' (now TQM) will receive no hospitality or tickets at Hibs and will thereafter have to pay for his own tickets (meaning we'll most likely never see him again).

When 'the boys' get back from Darkheid, they will then be paying a visit to a certain C Thomson, to discuss any future refereeing responsibilities at Hibs matches.


-------------------------------------

Who's with me?

[Smartie]

Ok, it's not always been a bed of roses under Farmer and change is inevitable/ desirable at some time.

He did save the club all those years ago though, and I'm very uncomfortable that people are demanding that he "must" gift the club to the fans.

He "must" do the right thing when the time comes but it's ungrateful and classless imo to demand of the man that he "gifts" anything to anyone.

[grunt]

I think the best idea for ownership is that I give ten million to STF and Petrie for the Club, Stadium and East Mains then tell them both to bolt.


I'll then became a bad-ass dictator, where my word is law and anyone that disagrees is oot the door. There'll be a statue of me outside the West Stand and I'll name the other stands after my Hamsters. Board Meetings will resemble the Playboy Mansion, with a Swimming Pool, Bikini clad girls and lots of grapes (However, Ms Dempster will be treated with utmost respect, as befits a female woman).

I'll send 'the boys' round to Darkheid to make an offer for Sparky that they cannot possibly refuse. There will be talk of sleeping with fishes at said meeting.

In order to respect our heritage, their will be a large Harp placed on the front of the West Stand and the teams will thereafter be greeted onto the pitch by dancing Leprechauns. A large poster of John Wayne from the film "The Quiet Man" will be placed in the foyer. The poster from hibs.net that previously called himself 'the quiet man' (now TQM) will receive no hospitality or tickets at Hibs and will thereafter have to pay for his own tickets (meaning we'll most likely never see him again).

When 'the boys' get back from Darkheid, they will then be paying a visit to a certain C Thomson, to discuss any future refereeing responsibilities at Hibs matches.


-------------------------------------

Who's with me?Works for me! You got the £10m?

[Geo_1875]

Depends whether you want to speak to the monkey or the organ grinder.

BuyHibs have expressed a very public desire to speak directly to the owner(s) of Hibernian Football Club and, no matter your opinion of them or any takeover, surely Sir Tom can find a little time to listen to what they have to say face to face. Common courtesy, no?

They've also expressed a very public desire for STF to hand over Hibs for little or no return.

Maybe STF feels that a very public refusal would cause offence.

[Spike Mandela]

Maybe if they put together a prospectus, showing their plan, investors, solution to debt etc, he might see them.

Rather than "thanks for the past, but we think you should hand over the club for nothing, including all the assets.

Does worry me how niave this group are. I wouldn't let them run my monthly house budget.

PS - the pod cast says nothing really, apart from the fact they are Hibs fan's - no financial facts " just pledge" - as I said before the Jambos will be filling that up with glee - as some Hibs fans did.

Maybe they have some of these proposals and would like to discuss it directly with Sir Tom rather than run it past the .net auditors first.:cb

There is no point in meeting directors who have no power to do anything other than refer questions back to Sir Tom. Seriously, what is one day out of his life to meet this, if nothing else, well intentioned group.

If their plans are as shambolic and amateurish as you suggest Sir Tom will suss that out in a second but who knows what can happen if Sir Tom meets them and likes them and what they have to say and ultimately could work with them.

Too many 'know it all' cynics on here.

[grunt]

He did save the club all those years ago though, and I'm very uncomfortable that people are demanding that he "must" gift the club to the fans.

It wasn't BuyHibs that said he "must" gift the club to the fans.

[andrew70]

Depends whether you want to speak to the monkey or the organ grinder.

BuyHibs have expressed a very public desire to speak directly to the owner(s) of Hibernian Football Club and, no matter your opinion of them or any takeover, surely Sir Tom can find a little time to listen to what they have to say face to face. Common courtesy, no?

Taking away all personal feeling, attachment or disregard for the bid I don't think STF really needs to talk to them at this minute through courtesy or not.

Whether we like it or not STF is a very successful businessman and anyone who runs a multimillion pound business will have people to do his ground work. Only once his staff have discovered if this group is completely serious ie business plans etc as mentioned above by DH then STF will talk.

At this minute I suspect he'll be continuing his business and the running of Hibernian FC as it is just now and I see no reason why he shouldn't.

[NAE NOOKIE]

Its bloody hard going keeping up with all these disparate groups and individuals showing an interest in the club. I am sure they all have the best interest of the club at heart.

Why the hell can they not all get together ( all of them, including STF ) and between them come up with a joint plan they can all sign up to which will enable them all to have a stake in the clubs future and work with each other for the good of Hibs. Forget takeovers and instead work together.

[grunt]

Maybe they have some of these proposals and would like to discuss it directly with Sir Tom rather than run it past the .net auditors first.:cbIt was their decision to launch their bid with posts on here and other social media sites.

[marinello59]

Maybe they have some of these proposals and would like to discuss it directly with Sir Tom rather than run it past the .net auditors first.:cb

There is no point in meeting directors who have no power to do anything other than refer questions back to Sir Tom. Seriously, what is one day out of his life to meet this, if nothing else, well intentioned group.

If their plans are as shambolic and amateurish as you suggest Sir Tom will suss that out in a second but who knows what can happen if Sir Tom meets them and likes them and what they have to say and ultimately could work with them.

Too many 'know it all' cynics on here.

Perhaps STF should meet them but it seems weird to pass up on the chance of a meeting at board room level. There may be common ground between what the club and BuyHibs see as the way forward. I don't understand why they refused a chance to find out.

[Just Alf]

Perhaps STF should meet them but it seems weird to pass up on the chance of a meeting at board room level. There may be common ground between what the club and BuyHibs see as the way forward. I don't understand why they refused a chance to find out.

got to agree, surely it would be a way to gauge how far apart the parties are?

[Keith_M]

Works for me! You got the £10m?


I'm only a few quid short but as soon as the pledges start arriving I'll have enough.


:greengrin

[jacomo]

Perhaps STF should meet them but it seems weird to pass up on the chance of a meeting at board room level. There may be common ground between what the club and BuyHibs see as the way forward. I don't understand why they refused a chance to find out.

:agree:

BuyHibs may well feel that only direct negotiations with STF will do, but at the moment they don't have an offer on the table. Refusing an offer to meet with other directors looks petulant and amateurish. I cannot understand why they would do this.

Oh dear. I fear this initiative is falling apart already.

[blackpoolhibs]

I'm only a few quid short but as soon as the pledges start arriving I'll have enough.


:greengrin

I think you could possibly get quite a few pledges if you went ahead with this. :thumbsup:

[grunt]

I'm only a few quid short but as soon as the pledges start arriving I'll have enough.
:greengrin


I think you could possibly get quite a few pledges if you went ahead with this. :thumbsup:I'm disappointed. There was no mention of pledges in his original proposal. We've been conned.

[Keith_M]

I think you could possibly get quite a few pledges if you went ahead with this. :thumbsup:


Good news!

Fancy being a Director?

[Smartie]

It wasn't BuyHibs that said he "must" gift the club to the fans.

Ok, it was Simon Pia, but I still don't think it's fair for anyone to ask that of him.

[DarlingtonHibee]

Maybe they have some of these proposals and would like to discuss it directly with Sir Tom rather than run it past the .net auditors first.:cb

There is no point in meeting directors who have no power to do anything other than refer questions back to Sir Tom. Seriously, what is one day out of his life to meet this, if nothing else, well intentioned group.

If their plans are as shambolic and amateurish as you suggest Sir Tom will suss that out in a second but who knows what can happen if Sir Tom meets them and likes them and what they have to say and ultimately could work with them.

Too many realist's on here. Fixed it for you

[DarlingtonHibee]

Sad that Pat Stanton is Chairman of a group that are refusing to meet the Board. I thought they were delighted with the response from Leeann saying they are happy to talk to them. Shambles.

Andy, that is my greatest sadness that Pat allowed himself to be talked into this shambles - still be my all time Hibs hero.

[Spike Mandela]

Fixed it for you

Cheers for that. Realism is the fact we are 4th in a poor second tier at a time when Scottish fotball is at it's lowest ebb in terms of quality, with a very realistic chance of having an extended stay in the lowest divisions for the first time in our history.

At least Sir Tom has moved the deckchairs around a wee bit and we have a new pinup in Leeanne who can hire and fire and hold lots of meetings whist being watched by a conduit.

Reality sucks.:wink:

[Bad Martini]

Wow...30 odd pages and some uber radgeness on show with polarisation I've rarely seen since the referendum :greengrin

Which reminds me...

There are lots of us who dont like the current BOARD, quite like the current owner given he DID save our club YET, dont really want a bunch of unqualified people (fans or otherwise) with less money than our current owner running the club / owning the club?

I know lots of good guys. Doesn't mean I'd let them run my business. They may think like me on many matters. Doesn't mean they can be trusted not to bankrupt me.

Noble cause. People pissed off with Petrie and co's failings. Both together does not necessarily mean what is being proposed is any better.

And that the bottom line. If its no better, Im not for it. And from where Im sitting, theres nobody out there with all the:

1) Answers AND/OR
2) Money

...very similar to the referendum actually.

A bit of a "no the now" answer...however, the 55 were wrong in the referendum :greengrin

ENDOF :thumbsup::na na::cb

[Beefster]

Buy Hibs ‏@BuyHibs 4m4 minutes ago (https://twitter.com/BuyHibs/status/535384131736469504) On launching on 11 November, BuyHibs were open and clear that it wished to meet with the owners of the club to discuss a number of issues.

On our launch day we sent letters to Sir Tom Farmer and Rod Petrie asking for a meeting with the owners.

BuyHibs have received an invitation to meet the directors of Hibernian however we have declined this invitation

We feel only the current owners can engage in discussions about the future of our club.

We have again asked for the owners to enter positive dialogue in order that positive change can be forthcoming

That will provide an opportunity for new investment into the club, protect the clubs assets for the future generations .

And provide a legacy for Sir Tom Farmer

Yet another nail in the "Take us seriously" coffin.

[The Green Goblin]

It seems to me that BuyHibs have appeared with nothing more than a basic conceptual idea. Had the proposal been thoroughly and properly prepared, it would no doubt have pre-emptively answered many of the questions they are now scrambling around trying to answer. Imho, the plan is a half-baked one: too many unknowns (who and where are the investors? for one thing) and unanswered and (especially) unanticipated questions. Given that, the suggestion to me is that they are out of their depth.

I'm with Mikey's idea: STF and LD in, RP oot.

[sidjames]

Why not have a " buy out Rod campaign fund" get his shares, he goes - vote in a new gadge.

[Brightside]

Simon Pia:

#BuyHibs (https://twitter.com/hashtag/BuyHibs?src=hash)” Farmer must gift club to fans & go

what a tube.

[silverhibee]

I think you could possibly get quite a few pledges if you went ahead with this. :thumbsup:

How is the cigar, hope your nice and comfy. :greengrin

[CropleyWasGod]

Why not have a " buy out Rod campaign fund" get his shares, he goes - vote in a new gadge.

Not as simple as that, attractive as it may be.

As has been said, Rod doesn't have any shares in the club.

[jacomo]

Simon Pia:

#BuyHibs (https://twitter.com/hashtag/BuyHibs?src=hash)” Farmer must gift club to fans & go

STF must see interstellar - maybe doesn't raise the bar for a Chris Nolan movie, but still a great film.

STF must make sure he uses his loyalty cards in run up to Xmas - great way to rack up points and save money.

Any more 'must dos' for our owner?

[bighairyfaeleith]

what a tube.

The guys an absolute walloper, the minute he backs anything I'm automatically against it.

[CropleyWasGod]

Ok, it was Simon Pia, but I still don't think it's fair for anyone to ask that of him.

I think the question has to be asked of SP. Is he speaking personally, or as the media advisor to BuyHibs?

[grunt]

I think the question has to be asked of SP. Is he speaking personally, or as the media advisor to BuyHibs?
here's his response to two twitter comments on his suggestion:


Simon Pia ‏@SimonPia1 7m7 minutes ago (https://twitter.com/SimonPia1/status/535417095388160000) @cabbage0762 (https://twitter.com/cabbage0762) @BuyHibs (https://twitter.com/BuyHibs) @dalexnde1875 obviously forelock tugging conservatives wi zero ambition & happy 2 c soul & spirit sucked out of Hibs

[DarlingtonHibee]

I think the question has to be asked of SP. Is he speaking personally, or as the media advisor to BuyHibs?

He wasn't mentioned on the podcast - SP has had an agenda against STF and RP since day one - I have witnssed it.

I think it was more to do with earnng a few quid as a journo.

[AndyM_1875]

Sounds like they now realise they are out of their depth and that they are looking for an excuse to blame the club rather than admit their proposal doesn't cut it.

I made a pledge to them because I thought their intentions were good .... initially.
Now? Well lets just say unless they up their game and act more professionally they will get nowhere.

Oh and one other thing. The software they use to allow people to make pledges was is not bulletproof and was hacked.
I got a call from my bank saying some US Company (a phishing scam no doubt) had tried to take money out of my account, the next day.

[Keith_M]

Not as simple as that, attractive as it may be.

As has been said, Rod doesn't have any shares in the club.


He has 10% of the shares in the Holding Company, so they may have meant those shares.

However you cut it, though, Petrie is STF's man on the ground, so shares or no shares he would still be there.

The only way to get rid of Petrie is to remove STF's power by buying the Holding Company's shareholding in the Club.

[silverhibee]

Andy, that is my greatest sadness that Pat allowed himself to be talked into this shambles - still be my all time Hibs hero.

Maybe he believes this is the group to take Hibs forward, just maybe he has listened to what this group has said, and thinks it is the right idea and that is why he has gave it his backing.

Or should we start slagging him of like folk did on here with Paul Kane and Jackie McMamara for putting there names to other takeover bids, anyone no what Pat was wearing the day he gave the statement backing this group, maybe slag him of for what he was wearing on the day he gave the statement.

Pretty sure Mr Stanton can think for himself regards Hibs, played for the club, managed the club as well, he will no Hibs inside out, he obviously believes that changes are needed at the club and for some reason he is backing this group to take over Hibs ( http://www.dailyrecord.co.uk/sport/football/legend-pat-stanton-leads-hibs-4610512) yep he is fully behind it, your all time hero getting involved with this mickey mouse group BuyHibs, what a mug eh to get himself involved in this, i wonder why eh.

[lucky]

All these groups and individuals who want to run Hibs all one thing in common none of them have any money

[silverhibee]

what a tube.

Does this include everyone connected to the BuyHibs group.

[DarlingtonHibee]

He has 10% of the shares in the Holding Company, so they may have meant those shares.

However you cut it, though, Petrie is STF's man on the ground, so shares or no shares he would still be there.

The only way to get rid of Petrie is to remove STF's power by buying the Holding Company's shareholding in the Club.

This thread is getting a bit repetitive -

1. Who is paying of the £8- 10 MILLION debt, which is currently secured and guarenteed by STF, and being paid for monthly by the club.

2. Who is going to meet STF asking price ?

3. Who are the privte investors ?

4. How much do we think we get in pledges ?

[DarlingtonHibee]

Does this include everyone connected to the BuyHibs group.

SH - don't know if you have listened to the podcast - there is no substance in it.

[Keith_M]

This thread is getting a bit repetitive -

1. Who is paying of the £8- 10 MILLION debt, which is currently secured and guarenteed by STF, and being paid for monthly by the club.

2. Who is going to meet STF asking price ?

3. Who are the privte investors ?

4. How much do we think we get in pledges ?


No idea, I wasn't in any way pushing any campaign.

My answer was only in response to the point raised by the poster that suggested we could get rid of Petrie by buying his shares.

[Golden Bear]

He wasn't mentioned on the podcast - SP has had an agenda against STF and RP since day one - I have witnssed it.

I think it was more to do with earnng a few quid as a journo.

If that is the case he's using "Buy Hibs" as a convenient vehicle to launch further attacks on the Club Management. He's probably already benefited handsomely as the author of the books he's written on Hibs and of course Pat Stanton.

I wonder what his personal issues are?

[Andy74]

Maybe he believes this is the group to take Hibs forward, just maybe he has listened to what this group has said, and thinks it is the right idea and that is why he has gave it his backing.

Or should we start slagging him of like folk did on here with Paul Kane and Jackie McMamara for putting there names to other takeover bids, anyone no what Pat was wearing the day he gave the statement backing this group, maybe slag him of for what he was wearing on the day he gave the statement.

Pretty sure Mr Stanton can think for himself regards Hibs, played for the club, managed the club as well, he will no Hibs inside out, he obviously believes that changes are needed at the club and for some reason he is backing this group to take over Hibs ( http://www.dailyrecord.co.uk/sport/football/legend-pat-stanton-leads-hibs-4610512) yep he is fully behind it, your all time hero getting involved with this mickey mouse group BuyHibs, what a mug eh to get himself involved in this, i wonder why eh.

I do wonder why actually. Nothing will change the fact he was a great player but that doesn't mean he can't make bad decisions. Getting invoked in this, as Chairman no less, looks like it was bad judgement.

[DarlingtonHibee]

Maybe he believes this is the group to take Hibs forward, just maybe he has listened to what this group has said, and thinks it is the right idea and that is why he has gave it his backing.

Or should we start slagging him of like folk did on here with Paul Kane and Jackie McMamara for putting there names to other takeover bids, anyone no what Pat was wearing the day he gave the statement backing this group, maybe slag him of for what he was wearing on the day he gave the statement.

Pretty sure Mr Stanton can think for himself regards Hibs, played for the club, managed the club as well, he will no Hibs inside out, he obviously believes that changes are needed at the club and for some reason he is backing this group to take over Hibs ( http://www.dailyrecord.co.uk/sport/football/legend-pat-stanton-leads-hibs-4610512) yep he is fully behind it, your all time hero getting involved with this [B][B]mickey mouse group BuyHibs, what a mug eh to get himself involved in this, i wonder why eh.

I have total respect for Pat, and have had the pleasure of his company on a few occasions.

I just don't have any confidence in what I've seen so far from BuyHibs.

[Kaiser1962]

He has 10% of the shares in the Holding Company, so they may have meant those shares.

However you cut it, though, Petrie is STF's man on the ground, so shares or no shares he would still be there.

The only way to get rid of Petrie is to remove STF's power by buying the Holding Company's shareholding in the Club.

The holding company itself is a wholly owned subsidiary. :greengrin

[silverhibee]

SH - don't know if you have listened to the podcast - there is no substance in it.

Yes i have listened to it.

[DarlingtonHibee]

Yes i have listened to it.

Whats your view on it ?

[superfurryhibby]

This thread is getting a bit repetitive -

1. Who is paying of the £8- 10 MILLION debt, which is currently secured and guarenteed by STF, and being paid for monthly by the club.

2. Who is going to meet STF asking price ?

3. Who are the privte investors ?

4. How much do we think we get in pledges ?

To be fair the most repetative thing about this thread is you:na na: . We know there are more questions than answers. Maybe we should just keep calm state our views and see what develops. Saying the same thing over and over doesn't really add much to the discussion, does it?

As for Stanton's involvement, maybe you can just keep your massively over-exaggerated emotions in check and trust that he has enough savvy to make the decision that he has made?

[CropleyWasGod]

The holding company itself is a wholly owned subsidiary. :greengrin

According to its latest Annual Return, it's not.

Rod has 10% of the Ordinary and Preferred Shares. The rest are held by Infocus Investments, another STF company.

[Kaiser1962]

According to its latest Annual Return, it's not.

Rod has 10% of the Ordinary and Preferred Shares. The rest are held by Infocus Investments, another STF company.

Is Infocus Investments not 100% owned by Maidencraig Investments No3/then No 2/ then No 1 which is owned by The Sir Tom Farmer 1998 Settlement?

[silverhibee]

I do wonder why actually. Nothing will change the fact he was a great player but that doesn't mean he can't make bad decisions. Getting invoked in this, as Chairman no less, looks like it was bad judgement.

And as a great player he would have made a lot more good decisions in his time, maybe he thinks it is a good decision to back this group, the man isn't stupid when it comes to Hibs, he just wouldn't jump in to bed with any mickey mouse group willing to takeover Hibs, it would have to be the right group for him to give it his full backing and it seems BuyHibs are the group he is backing.

Why, is the big question i suppose for us.

[CropleyWasGod]

Is Infocus Investments not 100% owned by Maidencraig Investments No3/then No 2/ then No 1 which is owned by The Sir Tom Farmer 1998 Settlement?

That may be the case; I haven't looked at their files.

However, HFC Holdings is definitely not a wholly-owned subsidiary of any STF company. I have attached the Annual Return:-

13771

[Caversham Green]

Is Infocus Investments not 100% owned by Maidencraig Investments No3/then No 2/ then No 1 which is owned by The Sir Tom Farmer 1998 Settlement?

No, Infocus is owned 75% by Maidencraig and 25% by STF personally. Maidencraig is indeed wholly owned by the trust.

[silverhibee]

I have total respect for Pat, and have had the pleasure of his company on a few occasions.

I just don't have any confidence in what I've seen so far from BuyHibs.


Well obviously Pat does have confidence in this group, that is why he is backing them i suppose, so i hope you respect Pat for that.

[Stevie Reid]

As a season ticket holder of many years, and someone who is very much willing to put more money into the club on a regular basis over and above that, I am exactly the kind of person that BuyHibs should be hoping to engage here.

After their launch last week, even with a legend like Pat on board, I just stopped paying attention. After a cursory glance at the last few pages of this thread, it seems that I was right to do so.

[DarlingtonHibee]

To be fair the most repetative thing about this thread is you:na na: . We know there are more questions than answers. Maybe we should just keep calm state our views and see what develops. Saying the same thing over and over doesn't really add much to the discussion, does it?

As for Stanton's involvement, maybe you can just keep your massively over-exaggerated emotions in check and trust that he has enough savvy to make the decision that he has made?

So in other words you can't answer my points.

[Kaiser1962]

That may be the case; I haven't looked at their files.

However, HFC Holdings is definitely not a wholly-owned subsidiary of any STF company. I have attached the Annual Return:-

13771


No, Infocus is owned 75% by Maidencraig and 25% by STF personally. Maidencraig is indeed wholly owned by the trust.

Thanks guys :greengrin

[CropleyWasGod]

Thanks guys :greengrin

Welcome.

I wish all the questions on this thread were as easy.... :cb

[Andy74]

And as a great player he would have made a lot more good decisions in his time, maybe he thinks it is a good decision to back this group, the man isn't stupid when it comes to Hibs, he just wouldn't jump in to bed with any mickey mouse group willing to takeover Hibs, it would have to be the right group for him to give it his full backing and it seems BuyHibs are the group he is backing.

Why, is the big question i suppose for us.

Not a big question for me. He may just have jumped in with a Mickey Mouse group.

[Mikey]

I made a pledge to them because I thought their intentions were good .... initially.
Now? Well lets just say unless they up their game and act more professionally they will get nowhere.

Oh and one other thing. The software they use to allow people to make pledges was is not bulletproof and was hacked.
I got a call from my bank saying some US Company (a phishing scam no doubt) had tried to take money out of my account, the next day.

This was originally posted on the PM board but I've copied it over as it's something people should watch out for.

If you made a pledge you might want to check everything's ok.

[silverhibee]

Whats your view on it ?


It didn't fill me with confidence to be honest.

I was a bit confused with the lass when she said, "we want to buy Hibs ER & EM but not the spare land at EM", if you buy EM you buy the spare land as well, it's all in the package, to then go on about building houses or not building them seemed very strange.

All these takeover bids and fans trying to oust Petrie from the club in the last year or so, not forgetting that we got relegated and still silence from our owner, does he care about his 7000 customers that are putting money in to his business, i don't want to hear from LD or RP, they don't own the club, i would like to hear from Mr Farmer why he is turning down offers and the reasons for it and what are his plans for the future of Hibernian FC.

[Keith_M]

The holding company itself is a wholly owned subsidiary. :greengrin

It gets quite complicated after the first 4 or 5 levels of subsidiaries


:wink:

[jacomo]

It didn't fill me with confidence to be honest.

I was a bit confused with the lass when she said, "we want to buy Hibs ER & EM but not the spare land at EM", if you buy EM you buy the spare land as well, it's all in the package, to then go on about building houses or not building them seemed very strange.

All these takeover bids and fans trying to oust Petrie from the club in the last year or so, not forgetting that we got relegated and still silence from our owner, does he care about his 7000 customers that are putting money in to his business, i don't want to hear from LD or RP, they don't own the club, i would like to hear from Mr Farmer why he is turning down offers and the reasons for it and what are his plans for the future of Hibernian FC.

Absolutely legitimate to ask STF to make a public statement about Hibs, especially as the AGM seems indefinitely postponed and the conduit is keeping out of the way.

Paul Kane started out as the de Facto leader of a rebellion, demanding Petrie (and by extension Farmer too) be held to account. But BuyHibs are showing a worrying habit of shooting themselves in the foot. Every announcement from them seems to descend into some kind of row about the detail of their proposal.

[grunt]

... i would like to hear from Mr Farmer why he is turning down offers and the reasons for it ...If you're referring to BuyHibs, they haven't made an offer yet. They don't seem to have any money, and they haven't decided on a price for their offer.

[silverhibee]

If you're referring to BuyHibs, they haven't made an offer yet. They don't seem to have any money, and they haven't decided on a price for their offer.

We know of one group that has made a offer, relegation, his main man making another balls of things with Butcher & co, protests becoming the norm at the main stand, Petrie out campaign, HOH campaign, and now BuyHibs banging down his door all in the space of six months and Mr Farmer thinks the best thing to do is keep quiet to his 7000 customers that have bought in to his business this year, surely they deserve to hear from the man about his plans for the future of Hibernian FC.

[Geo_1875]

We know of one group that has made a offer, relegation, his main man making another balls of things with Butcher & co, protests becoming the norm at the main stand, Petrie out campaign, HOH campaign, and now BuyHibs banging down his door all in the space of six months and Mr Farmer thinks the best thing to do is keep quiet to his 7000 customers that have bought in to his business this year, surely they deserve to hear from the man about his plans for the future of Hibernian FC.

I thought we had heard about the plans for the club through Rod and Leanne?

[grunt]

... HOH campaign...You call that a campaign? A few ignorant, factually inaccurate and potentially slanderous tweets is now a campaign??? And you expect STF to respond to it??

[silverhibee]

You call that a campaign? A few ignorant, factually inaccurate and potentially slanderous tweets is now a campaign??? And you expect STF to respond to it??

Leeann Dempster gave her time to meet with them, HOH seemed happy with the talks.

[CropleyWasGod]

Leeann Dempster gave her time to meet with them, HOH seemed happy with the talks.

Wasn't it RP and STF that met them?

It's notable that the defamatory stuff has stopped since then.

[grunt]

Leeann Dempster gave her time to meet with them, HOH seemed happy with the talks.
Yes I guess, fair enough.

[Weststandwanab]

Simon Pia:

#BuyHibs (https://twitter.com/hashtag/BuyHibs?src=hash)” Farmer must gift club to fans & go

The man is a Baffoon


I'm sure STF will be convinced by Simon, who has slagged STF and RP since they arrived - total bull**** from Simon - what does he know about running a business.

S. F. A.


The guys an absolute walloper, the minute he backs anything I'm automatically against it.

Me 2


As a season ticket holder of many years, and someone who is very much willing to put more money into the club on a regular basis over and above that, I am exactly the kind of person that BuyHibs should be hoping to engage here.

After their launch last week, even with a legend like Pat on board, I just stopped paying attention. After a cursory glance at the last few pages of this thread, it seems that I was right to do so.

I am in the same boat and sadly am of the same opinion.

[HappyAsHellas]

Leeann Dempster gave her time to meet with them, HOH seemed happy with the talks.

Their little cards they handed out at the QOTS game just said "we're Hibs fans and want the best for the club". A rather large step back from their posturing before the meeting. Slapped wrists methinks.

[DarlingtonHibee]

People need to be very careful with this.

My missus bought a US magazine (Homes and Gardens) who is based in the States - on checking our bank statement we were $100.00 down.

Oh and one other thing. The software they use to allow people to make pledges was is not bulletproof and was hacked.
I got a call from my bank saying some US Company (a phishing scam no doubt) had tried to take money out of my account, the next day.

[greenginger]

There is Buy-Hibs, HoH, Forever Hibernian, all jostling to produce changes at the Club.

Have I missed any other grouping ?

[DarlingtonHibee]

There is Buy-Hibs, HoH, Forever Hibernian, all jostling to produce changes at the Club.

Have I missed any other grouping ?

Judean Peoples Front :wink:

[silverhibee]

Wasn't it RP and STF that met them?

It's notable that the defamatory stuff has stopped since then.

I thought it was Leeann they had spoke to, but if it was RP and STF they spoke to then surely STF could give BuyHibs a meeting with him like he did with HOH.

Sure they were still handing out cards at the QOTS game on Saturday.

[silverhibee]

Their little cards they handed out at the QOTS game just said "we're Hibs fans and want the best for the club". A rather large step back from their posturing before the meeting. Slapped wrists methinks.

But they are still there at ER giving out the little cards.

[grunt]

i thought it was leeann they had spoke to...


hands on hibs can confirm our representatives today met with hibernian fc chairman rod petrie, chief executive leeann dempster and other representatives of the board and club officials. The meeting took place at the request of the club chairman and hands on hibs delegation was led by jim slaven and bradley welsh.

The meeting was positive and constructive. Bo...th the representatives of hibernian and hands on hibs listened to each others point of view and, following a frank exchange of views, both now have a better understanding of the others position.

Hands on hibs raised the issues of importance to our group. That easter road stadium should be owned by the football club- forever and that hibernian football club should be owned by the community- forever. The chairman and club representatives engaged in a meaningful and positive discussion of these issues and we have agreed to continue the dialogue.

Hands on hibs maintain our position that we are here to support the football club and work with others, including the board and majority shareholder, to move the club forward. We believe, if the will exists on all sides, a shared vision for the future can be developed in the coming weeks that everyone with hibernian's best interests can support.

Change is coming to hibernian. It is the responsibility of all hibernian supporters to positively engage in this process to ensure the best possible outcome for the football club, our community and future generations. Hands on hibs will not be found wanting in this regard.

It's time for change! It's time for hands on hibs!fyi

[Kato]

I don't trust #BuyHibs 100% as their strategy is still in the very early stages and it takes time to muster views and plans together with anything like that. Still willing and interested in what they have to say as they develop and react to dialogue.

Who I don't trust at all is anyone looking to shoot them down no matter what is being said or discussed.

Seems vey closed minded to me.

[Baldy Foghorn]

There is Buy-Hibs, HoH, Forever Hibernian, all jostling to produce changes at the Club.

Have I missed any other grouping ?

Buyhibs and Forever Hibernian are the same are they not? (ie Kano's)

[Baldy Foghorn]

I don't trust #BuyHibs 100% as their strategy is still in the very early stages and it takes time to muster views and plans together with anything like that. Still willing and interested in what they have to say as they develop and react to dialogue.

Who I don't trust at all is anyone looking to shoot them down no matter what is being said or discussed.

Seems vey closed minded to me.

They seem like they want to buy the Club without funding it themselves......Let's run Club via Fan pledges.......:confused:

[DarlingtonHibee]

I don't trust #BuyHibs 100% as their strategy is still in the very early stages and it takes time to muster views and plans together with anything like that. Still willing and interested in what they have to say as they develop and react to dialogue.

Who I don't trust at all is anyone looking to shoot them down no matter what is being said or discussed.

Seems vey closed minded to me.

Kato

I'm not disagreeing with you, but if you have time listen to the podcast, then look at the experience of the current board.

RP will go eventually, and we will get a new Chairman - what difference is that going to make ?

[Andy74]

http://youtu.be/13PsCTYVzWI

6:50 in

With half of the team claiming to be some sort of PR and marketing expert you'd think the engagement and messaging would be the easiest thing to get right?

[Keith_M]

There is Buy-Hibs, HoH, Forever Hibernian, all jostling to produce changes at the Club.

Have I missed any other grouping ?


http://www.hibs.net/showthread.php?292695-Fan-Buy-Out-Launched-BuyHibs&p=4229584&viewfull=1#post4229584



:wink: