Undisclosed Fee

[judas]

Can someone explain why the JM fee was undisclosed (and why any transfer fee is noted as undisclosed?)

Personally I would like to know the outcome of this particular transfer deal. It would be good to know, what transfer fee will be recieved, what add ons may fall due to Hibs (sell on fees, promotion bonuses etc) and how much will go to St Mirren.

I'd also like to know, how much the manager may expect to receive toward the player budget.

I feel a bit in the dark with this one.

[Stevie Reid]

Can someone explain why the JM fee was undisclosed (and in fact why are any transfer fee is noted as undisclosed?)

Personally I would like to know the outcome of this particular transfer deal. It would be good to know, what transfer fee will be recieved, what add ons may fall due to Hibs (sell on fees, promotion bonuses etc) and how much will go to St Mirren.

I'd also like to know, how much the manager may expect to receive toward the player budget.

I feel a bit in the dark with this one.

Undisclosed so other teams, whom me may wish to buy players from, don't know how much we have to spend.

[Callum_62]

It wouldn’t make sense to let other clubs know how much we might have to spend


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[ac1]

Said the exact same thing on Thursday night at the game. The fans should be told what our best player was sold for imo.

Makes you wonder if it’s like Cummings where they get sold for less than the fans would be happy with if they knew the actual transfer fee.

[Keith_M]

Hibs have to tell St Mirren how much the fee was, and I think somebody there has already let slip to the press.

[Billy Whizz]

Undisclosed so other teams, whom me may wish to buy players from, don't know how much we have to spend.

Not having a go at you, but why then are all deals not undisclosed

[Billy Whizz]

Hibs have to tell St Mirren how much the fee was, and I think somebody there has already let slip to the press.

What’s been said? Stubbs was on sportsound tonight, but said he didn’t know the structure of the deal

[Bristolhibby]

Not having a go at you, but why then are all deals not undisclosed

I guess when you an Uber rich club, it doesn’t matter.

J

[Stevie Reid]

Not having a go at you, but why then are all deals not undisclosed

Some teams want their fans to know if they're splashing cash, or receive a good fee.

[Billy Whizz]

I guess when you an Uber rich club, it doesn’t matter.

J

Get your point, but it’s all relative

[Jim44]

It wouldn’t make sense to let other clubs know how much we might have to spend


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I know that’s the reason but they have a pretty good ballpark idea of the amount he will have been sold for so knowing the exact amount is neither here nor there.

[O'Rourke3]

From a history of clubs stating what they paid and what they received most businesses these days make any commercial transaction commercially confidential. So long as they pay the correct taxes there's nothing wrong. What difference does it make if the outcome is many of the fans complaining it's not enough whatever that fee is. The fee may have been a part of the players contract.

[Keith_M]

What’s been said? Stubbs was on sportsound tonight, but said he didn’t know the structure of the deal



I realise it might be rubbish but a number of papers (including the Herald) are reporting that St Mirren have received just under 1 million as their part of the deal.

[HibbyDave]

So much for transparency in football. I know it’s commercially sensitive information but what will happen if fan ownership ever becomes a reality

[Radge70]

Neil Lennon said in his post match interview on BBC on Thursday that they (Molde) have sold their best player for £9m and we got "£3-£4m" for ours.

[Stonewall]

I realise it might be rubbish but a number of papers (including the Herald) are reporting that St Mirren have received just under 1 million as their part of the deal.

I’ve see figures raining from £2.1m to £4m, £2m add on if Villa get promoted, sell on fees etc. Don’t think anyone knows the structure of the deal.

Hibs would be mad to disclose it when we’re actively trying to recruit.

[Archie70]

It's the sell on and bonus for promotion, if there are any, that would be interesting

[CLASS OF 72 -73]

Can someone explain why the JM fee was undisclosed (and why any transfer fee is noted as undisclosed?)

Personally I would like to know the outcome of this particular transfer deal. It would be good to know, what transfer fee will be recieved, what add ons may fall due to Hibs (sell on fees, promotion bonuses etc) and how much will go to St Mirren.

I'd also like to know, how much the manager may expect to receive toward the player budget.

I feel a bit in the dark with this one.

Good question but you won't get the answer.

[CropleyWasGod]

I can't remember the last time Hibs disclosed a transfer fee, in or out.



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[B.H.F.C]

Wouldn’t make any business sense for Hibs to tell everybody how much we got.

Clubs that announce fees are usually the clubs to whom money is irrelevant.

[Stevie Reid]

Wouldn’t make any business sense for Hibs to tell everybody how much we got.

Clubs that announce fees are usually the clubs to whom money is irrelevant.

Or clubs who are never going to spend it on players. Hamilton, for example, would probably let a big fee be known as it would be ploughed back into their youth system.

[CropleyWasGod]

Or clubs who are never going to spend it on players. Hamilton, for example, would probably let a big fee be known as it would be ploughed back into their youth system.Or to pay off their bank [emoji16]

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[Franck Stanton]

Have a mate who is related to St Mirren player tells me that St Mirren pocketed £900k from transfer fee, however, also stated SJM, gave £100k of his signing on fee to them and the other £250k to Hibs

[Lancs Harp]

To be honest IMO, in this day and age and for transparency all transfer fees should be declared, whether it involves us, Man Utd or Cowdenbeath. I understand the reasoning for not doing so just dont agree with it.

[Stevie Reid]

Or to pay off their bank [emoji16]

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Oh aye! :greengrin

Not all clubs are so honourable, of course...

[CropleyWasGod]

Have a mate who is related to St Mirren player tells me that St Mirren pocketed £900k from transfer fee, however, also stated SJM, gave £100k of his signing on fee to them and the other £250k to HibsYet Stubbs doesn't know? [emoji849]

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[Billy Whizz]

Have a mate who is related to St Mirren player tells me that St Mirren pocketed £900k from transfer fee, however, also stated SJM, gave £100k of his signing on fee to them and the other £250k to Hibs

Would be an incredible gesture from him, but not unlike him, as he seems to be a classy person

[HFC 0-7]

Dont believe that we are keeping it quiet so other teams don’t know how much we have. The player will know and more importantly so will the agent. Agents talk and if a club wanted to know I am pretty sure they could get the info from them.

[CropleyWasGod]

Dont believe that we are keeping it quiet so other teams don’t know how much we have. The player will know and more importantly so will the agent. Agents talk and if a club wanted to know I am pretty sure they could get the info from them.The player won't necessarily know. The deal is between the 2 clubs, and it's up to them whether the details of that deal are shared.

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[mca]

To be honest IMO, in this day and age and for transparency all transfer fees should be declared, whether it involves us, Man Utd or Cowdenbeath. I understand the reasoning for not doing so just dont agree with it.


Totally Agree.. imagine Tesco or asda for example Buying the Rights to Call us the Tesco / asda Stadium..

Petrie or LD saying - undisclosed fee !!! The fans would go radio rental... :wink:

[Stonewall]

Dont believe that we are keeping it quiet so other teams don’t know how much we have. The player will know and more importantly so will the agent. Agents talk and if a club wanted to know I am pretty sure they could get the info from them.


Ever heard of client confidentiality? Would you trust what they told you anyway?

[horseflesh]

It’s the nosiness and bested interest in the club that makes us want to know. Do we support Villa now as our English team?
On a personal level I’m not fussed. I know we would have got a great deal but I’m not going to be frothing at the club for not spending x amount.
First time in a long time that I trust the club to do the right thing with all of the money.
That’s good enough for me

[Colr]

It wouldn’t make sense to let other clubs know how much we might have to spend


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And yet the price you paid for your house is piblished online.

It’s anti-competitive behaviour which undermines a free market to benefit privileged individuals.

[NadeAteMyLunch!]

I get why we don’t disclose with regards to other clubs knowing how much we’ve got to spend but do folk actually think that’s going to make much difference in the grand scheme of things? If we go to Dundee for Kamara they know we’ve just taken in millions for SJM, whether it’s £3mill or £3.2mill with a Villa promotion bonus thrown in is surely neither here nor there to them. It would be interesting to know exactly how good a deal we got.

Should add, would also save all the annoying chat from folk pretending they know exactly what it was.

[1875STEVE]

I get why we don’t disclose with regards to other clubs knowing how much we’ve got to spend but do folk actually think that’s going to make much difference in the grand scheme of things? If we go to Dundee for Kamara they know we’ve just taken in millions for SJM, whether it’s £3mill or £3.2mill with a Villa promotion bonus thrown in is surely neither here nor there to them. It would be interesting to know exactly how good a deal we got.

Should add, would also save all the annoying chat from folk pretending they know exactly what it was.

Find out when the accounts come out

[FilipinoHibs]

Yet Stubbs doesn't know? [emoji849]

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Assuming 10% signing on fee that would make it £3.5m with Saintsgetting just over 25%. Petrie always said 30% sign on too high.

[NadeAteMyLunch!]

Find out when the accounts come out

Will we though? It’s never quite that simple. Won’t just say £4million from Villa, for example. Won’t tell us about add ons, sell on percentage etc either.

[lyonhibs]

Totally Agree.. imagine Tesco or asda for example Buying the Rights to Call us the Tesco / asda Stadium..

Petrie or LD saying - undisclosed fee !!! The fans would go radio rental... :wink:

Talk about comparing apples with oranges.... :faf::faf:

[ancient hibee]

Find out when the accounts come out
Have to wait until October 2019 then and even then it won’t be stated.

[EricStoner]

So much for transparency in football. I know it’s commercially sensitive information but what will happen if fan ownership ever becomes a reality

From my experience as a minor "blazer" at a fan-owned club, secrecy gets worse😒

[CropleyWasGod]

From my experience as a minor "blazer" at a fan-owned club, secrecy gets worse[emoji19]
So much for transparency in football. I know it’s commercially sensitive information but what will happen if fan ownership ever becomes a realityThere should be no difference from what happens just now. The ownership devolves the executive functions to appropriate people.

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[Greenfly]

Undisclosed fee at least gives them something to speculate about on Sportscene other than the ugly sisters. That said, they'll likely focus on why he didn't go to the sister in the hooped dress.

[Vini1875]

What is amazing is the number of people who seem to a huge amount of facts regarding price, sell-on percentages, bonus payments and other add ons. No two that I have read actually agree with one and other. The hearts ones are the best, by the time they had it worked out and agreed on we were getting about £4.99, a hat and balloon or maybe it was a hat and a balloon worth £4.99.

[CropleyWasGod]

What is amazing is the number of people who seem to a huge amount of facts regarding price, sell-on percentages, bonus payments and other add ons. No two that I have read actually agree with one and other. The hearts ones are the best, by the time they had it worked out and agreed on we were getting about £4.99, a hat and balloon or maybe it was a hat and a balloon worth £4.99.The balloon might turn out to be a rough diamond. Remember Boyle when he arrived?

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[timewilltell]

Can someone explain why the JM fee was undisclosed (and why any transfer fee is noted as undisclosed?)

Personally I would like to know the outcome of this particular transfer deal. It would be good to know, what transfer fee will be recieved, what add ons may fall due to Hibs (sell on fees, promotion bonuses etc) and how much will go to St Mirren.

I'd also like to know, how much the manager may expect to receive toward the player budget.

I feel a bit in the dark with this one.


I dont get the obsession with having to know the fee. It’ll be in the annual business accounts anyway...

why do do football fans feel they have a right to know what is essentially a business transaction?

nothing more to see here....

[monarch]

To be honest IMO, in this day and age and for transparency all transfer fees should be declared, whether it involves us, Man Utd or Cowdenbeath. I understand the reasoning for not doing so just dont agree with it.

What salary do you earn and what’s the maximum you could attain ? Also what bonuses did you accumulate this year ?

[FilipinoHibs]

What salary do you earn and what’s the maximum you could attain ? Also what bonuses did you accumulate this year ?

Good business sense not to reveal as many said here. Protects us from being over charged for players. Financial acumen not top of the pops for a lot of fans.

[Danderhall Hibs]

Have to wait until October 2019 then and even then it won’t be stated.

:agree: it’s all in there but not clear as they use amortisation (checked with my mate that’s an accountant). Hidden away basically.

Anyway based on what we know and the figures quoted it’s clear that it’s a £4m fee, 30% (ish) to St Mirren which leaves us £2.8m (ish).

[Captain Trips]

I don't see how we are not going to be overcharged just because the fee is undisclosed. Maybe if we were looking to spend over £1m on a player.

Clubs know we got certainly over £1m for him and the market we buy in say we want to spend 250k on a player how much more will they want? The same amount more whether we got £1m or £100m it's all relative.

So we want a player from say Dundee at £500k, Dundee know we pocketed a few million disclosed or not so it's totally irrelevant to our buying if folk know how much we got.

[FilipinoHibs]

I don't see how we are not going to be overcharged just because the fee is undisclosed. Maybe if we were looking to spend over £1m on a player.

Clubs know we got certainly over £1m for him and the market we buy in say we want to spend 250k on a player how much more will they want? The same amount more whether we got £1m or £100m it's all relative.

So we want a player from say Dundee at £500k, Dundee know we pocketed a few million disclosed or not so it's totally irrelevant to our buying if folk know how much we got. The level of fee we pay clubs know we are flush they will try and get as much extra regardless of the fee being known.

Clubs know we have got money but the less they think it is the less they will be looking for. Also we are competing with other clubs. They will be offering slightly more of what they think we can afford. The lower the money they think we have the more the chance we will get the player. It is a game of poker and you dont show your hand.

[Captain Trips]

Clubs know we have got money but the less they think it is the less they will be looking for. Also we are competing with other clubs. They will be offering slightly more of what they think we can afford. The lower the money they think we have the more the chance we will get the player. It is a game of poker and you dont show your hand.

Sorry but I don't agree. If we were looking to spend £2.5m on 1 player then a club can squeeze maybe another 250k or more. How much more can a club squeeze from us for a 200 or 300k player though? They know we got a couple of million even if it is undisclosed and what if a club think a fee is undisclosed because its much higher than we actually got?

The market we buy in this deals actual amounts are not going to stop clubs charging us more. There is only so much more you can ask for a player at 200 or 300k and that will likely be the same if we got £1m or £20m.

[poolman]

What is amazing is the number of people who seem to a huge amount of facts regarding price, sell-on percentages, bonus payments and other add ons. No two that I have read actually agree with one and other. The hearts ones are the best, by the time they had it worked out and agreed on we were getting about £4.99, a hat and balloon or maybe it was a hat and a balloon worth £4.99.


So true

On Yakbak they all seem to have an insight on Hibs financial accounts

[houstonhibbee]

I’m not clear as to what the benefit is on not disclosing
Celtic got $9m for Armstrong we know but what difference does knowing make.?
I guess if anything it reinforced how much we wanted for John but Neil had already put the price tag on him at $5mln

[neil7908]

Sorry but I don't agree. If we were looking to spend £2.5m on 1 player then a club can squeeze maybe another 250k or more. How much more can a club squeeze from us for a 200 or 300k player though? They know we got a couple of million even if it is undisclosed and what if a club think a fee is undisclosed because its much higher than we actually got?

The market we buy in this deals actual amounts are not going to stop clubs charging us more. There is only so much more you can ask for a player at 200 or 300k and that will likely be the same if we got £1m or £20m.

Totally agree. In fact SJM is a great example. Hibs had a value of the player and as much as the fans mention Armstrong of Celtic going for x amount, I don't think that would have affected our valuation. Ultimately Villa offered an amount were happy with. I don't think any of their transfer activities had an impact on our fee.

At the very top end of the market clubs who effectively have bottomless pockets like Man City are or have been getting a premium added but I really don't see how an undisclosed fee when its common knowledge that it'll be in the millions will make much difference to our dealings for players who'll be valued in the low hundreds of thousands.

[Joe6-2]

The player won't necessarily know. The deal is between the 2 clubs, and it's up to them whether the details of that deal are shared.

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I think the player would know, I think a player like SJM would want to know Hibs got a decent deal

[FilipinoHibs]

Sorry but I don't agree. If we were looking to spend £2.5m on 1 player then a club can squeeze maybe another 250k or more. How much more can a club squeeze from us for a 200 or 300k player though? They know we got a couple of million even if it is undisclosed and what if a club think a fee is undisclosed because its much higher than we actually got?

The market we buy in this deals actual amounts are not going to stop clubs charging us more. There is only so much more you can ask for a player at 200 or 300k and that will likely be the same if we got £1m or £20m.
For the type of player we are competition go for it probably puts an extra 50k to 100k on the price if they knew we got 4m as poised to letting people think it was under 3m. The type of clubs we are competing with Aberdeen,Hearts and League 1 England can up their bids by 5ok to 100k quite easily. Higher transfer fees push the general market up us we have seen in England. This filters down to all levels. The clubs we are competing with are not awash with money. Why at our level not a good idea to disclose fees and keep a lid on the prices of players at our level.

[DetroitHibs]

Think the fans have a right to know, especially with fans buying shares in HSL etc. The £100,000 fee we got for Murray was made known, why not McGinn :confused:

[green day]

Think the fans have a right to know

No they dont

[DetroitHibs]

No they dont

I think they do. After everything is said and done, the fans are the ones that fund the club. Without the fans, the club would cease to exist.

[Callum_62]

Think the fans have a right to know, especially with fans buying shares in HSL etc. The £100,000 fee we got for Murray was made known, why not McGinn :confused:

Was it? Don’t mind seeing that from any official channels?


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[green day]

I think they do. After everything is said and done, the fans are the ones that fund the club. Without the fans, the club would cease to exist.

Sorry, but your argument doesn't hold water, the details are private and we need to assume the board got the best deal for the club.

Is it any different to asking your local pub to give you details of a financial transaction?

After all as a customer, you fund them and without customers they would cease to exist.

[Greenworld]

Think the fans have a right to know, especially with fans buying shares in HSL etc. The £100,000 fee we got for Murray was made known, why not McGinn :confused:150k reported

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[B.H.F.C]

Think the fans have a right to know, especially with fans buying shares in HSL etc. The £100,000 fee we got for Murray was made known, why not McGinn :confused:

The folk running the show have just got a 7 figure return on a 6 figure investment. If they think it makes more sense to keep it quiet maybe we should just trust them?

[cappoquinboy]

Stewart Gilmore (ex St. Mirren Chairman) has stated that the fee they (St.M) received for the SJM transfer was the highest transfer fee St Mirren have ever received. Remember, St Mirren sold Iain Ferguson to Rangers for £1m in the Souness era so based on the widely quoted 30% - 33% “sell on” clause, I think it’s fair to assume the total initial fee paid by AV was between £3.5m - £4m.

I can fully understand why all clubs involved (us, St.M & AV) would prefer to stick to the “undisclosed fee” arrangement and whilst we fans would prefer to know exactly how the deal was done and how much we received, the more important thing for us is how the funds are spent once received.
If they disappear into an accounts black hole and we never really see an obvious benefit to the playing side of the club then we would be rightly p****d off. however, if we sign one or two quality players for decent fees and see the new indoor pitch created at East Mains then I’m sure none of us will be particularly concerned with the exact details of the amount received for SJM.

[DetroitHibs]

Sorry, but your argument doesn't hold water, the details are private and we need to assume the board got the best deal for the club.

Is it any different to asking your local pub to give you details of a financial transaction?

After all as a customer, you fund them and without customers they would cease to exist.

If I had invested in shares of the pub like I have with HSL, then yes, I'd want to see the figures.

[green day]

If I had invested in shares of the pub like I have with HSL, then yes, I'd want to see the figures.

.....and you will, when our accounts come out 👍

[CropleyWasGod]

150k reported

Sent from my SM-G903F using TapatalkNot by the club, though.

http://www.hibernianfc.co.uk/news/8985

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[Lancs Harp]

What salary do you earn and what’s the maximum you could attain ? Also what bonuses did you accumulate this year ?

Sorry Monarch but what on earth has that got to do with a transfer fee between two clubs, there is no correlation at all. Who mentioned salaries and bonuses?

As for not disclosing how much we got for SJM so that other clubs know how much we have to spend, you dont have to be Sherlock Holmes to figure the fee is close to £4 million.

Incidently Villas average wage is between £20k and 25K a week (easily found with a bit of research online). Not that in my original post I mentioned anything about a players earnings.

[stoneyburn hibs]

Think the fans have a right to know, especially with fans buying shares in HSL etc. The £100,000 fee we got for Murray was made known, why not McGinn :confused:

The fans have a right to know? Pish.
As has been said, it's really not good business for others to know what we've gained from this.

You constantly post negatives about Hibs, I think I know why.

[Captain Trips]

For the type of player we are competition go for it probably puts an extra 50k to 100k on the price if they knew we got 4m as poised to letting people think it was under 3m. The type of clubs we are competing with Aberdeen,Hearts and League 1 England can up their bids by 5ok to 100k quite easily. Higher transfer fees push the general market up us we have seen in England. This filters down to all levels. The clubs we are competing with are not awash with money. Why at our level not a good idea to disclose fees and keep a lid on the prices of players at our level.


Again the market we deal in all clubs we wish to buy from know we got a fee for SJM. They will know it was over £1m. If they want 200k for a player they might now want £250k from us as they know we have money knowing it is £1m or £100m will not IMO change how much a club might try to add on. W

[mjhibby]

It's far more likely you'll find the correct fee on twitter. The newspaper hacks don't get told anything these days so likely that it's been quietly released on twitter by someone without the fanfare. Hibs wanted a set fee and my guess would be £2.5m after St Mirrens cut. That would tie in with sjm getting a £350,000 signing on fee, which would be paid by Aston villa as part of his wages as 10% of the transfer fee. So lennys saying it was between £3-4 m is correct. The fee was £3.5m and we got £2.5m.Also ties in with us flatly rejecting celtic offer of £2m which was £1.5m below our valuation. Lawell played a blinder btw. Lol. 10% sell on fee seems to standard now and isn't a charge to villa at the moment. There you are. Sorted. We'll almost. Lol.

[Eyrie]

As a fan I'm curious to know what fee we got for McGinn.

As a shareholder I'm fully in agreement with the club not making the fee public.

There's plenty of speculation out there, so some rumours will be closer to the mark than others. But I won't be relying on any of them to be right because it is all speculation unless it comes from either Hibs or Villa.

[The Leith Dutch]

Can someone explain why the JM fee was undisclosed (and why any transfer fee is noted as undisclosed?)

Personally I would like to know the outcome of this particular transfer deal. It would be good to know, what transfer fee will be recieved, what add ons may fall due to Hibs (sell on fees, promotion bonuses etc) and how much will go to St Mirren.

I'd also like to know, how much the manager may expect to receive toward the player budget.

I feel a bit in the dark with this one.

I'm delighted it's undisclosed.

Too many folk on here obsessed over it and the potential for meltdown was huge - people with unrealistic ambitions and a lot of false comparisons using overly inflated markets like the EPL.

Assuming the club isn't put in financial difficulties the only thing anyone on here should be concerned about is what players we have to put out on the park.

[I'm_cabbaged]

Hibs got 2.8 m, fact 😉

[DH1875]

Hibs got 2.8 m, fact 😉

That's the figure that everyone was bouncing about on Thursday night. Apparently it was quoted a few times on the radio.

[Saturday Boy]

Hibs got 2.8 m, fact 😉

Just over 9 feet. We’ve been robbed 😄

[Hibbyradge]

And yet the price you paid for your house is piblished online.

It’s anti-competitive behaviour which undermines a free market to benefit privileged individuals.

The amount someone sells their house for doesn't affect how much they pay for their next property.

The house seller can't extract more from the buyer, regardless of how wealthy they are.

[The Leith Dutch]

Just over 9 feet. We’ve been robbed 😄

9 feet is also coincidentally the number of toes the average Jambo has.....