Official Site: CLUB UPDATE

[Stokesy's on fire]

Tempted to send them £0.07 😁

Give them nothing and lets look forward to some Jelly and Ice-cream

[skankomcphee]

They haven’t, not yet. But we don’t know what’s over the hill.

Exactly this. Seem to recall some us lauding it in similar style when Hearts were going down in 2013. That didn't end very well.

[skankomcphee]

Sorry, but when did Hibs put a begging letter with bank account details on their website?

:confused:

Not yet, but based on what you've heard this week would you be surprised if six months down the line we did?

[Ozyhibby]

Dons players accept 20% pay cut. Well done them getting it done so quickly.[emoji106]


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[matty_f]

Exactly this. Seem to recall some us lauding it in similar style when Hearts were going down in 2013. That didn't end very well.

Been a good laugh ripping them since then, though. :wink:

[Heisenberg]

Dons players accept 20% pay cut. Well done them getting it done so quickly.[emoji106]


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Fair play, hope our lot do the same.

[Since452]

Dons players accept 20% pay cut. Well done them getting it done so quickly.[emoji106]


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Yup fair play to them. Needs must.

[Gloucester Hibs]

Exactly this. Seem to recall some us lauding it in similar style when Hearts were going down in 2013. That didn't end very well.

Oh I don’t know, a Scottish Cup win and finishing above them 4 seasons in a row doesn’t seem too bad tbh 😉

[04Sauzee]

Dons players accept 20% pay cut. Well done them getting it done so quickly.[emoji106]


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Well done the dons players

[weecounty hibby]

Not yet, but based on what you've heard this week would you be surprised if six months down the line we did?
Yes, I would be amazed if we did that. The Jambos are ****ing classless and clueless. They are desperate for cash as has been shown time after time. Their saviour, Anne Bodge, is useless and blows through money on vanity projects and average players like no one else in football. Again, in short yes I would be stunned if we do that

[SMAXXA]

Dons players accept 20% pay cut. Well done them getting it done so quickly.[emoji106]


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Where have you seen this mate?

[Heisenberg]

Where have you seen this mate?

https://www.scotsman.com/sport/football/aberdeen-players-agree-20-cent-pay-cut-2888969

[SMAXXA]

https://www.scotsman.com/sport/football/aberdeen-players-agree-20-cent-pay-cut-2888969

Thanks

[Lago]

Dons players accept 20% pay cut. Well done them getting it done so quickly.[emoji106]


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Yip agree, minimum fuss & no bad PR, text book approach.

[Bright_Hibee]

I think the difference is that Hibs have maybe been too honest about how difficult it will be where as Aberdeen have been a bit more vague and said there will be cuts but as a whole has a far more positive feel to it.

Easy for press to read the Hibs one with concern and Aberdeens as a slight bump the way both are written imo.

Hibs spent the lockdown period in Scotland putting out positives and haven't really said anything negative until Monday. Then the Monday announcement was very much in the bracket of "staff need to be made redundant if we are to survive", it is like the club have opted not to tell us the reality of the situation and tried to keep the feelgood factor running and continuing in a business as normal sense. Aberdeen have consistently put out messages saying how they have been affected, so it seems less surprising when this has been asked

[green day]

https://www.scotsman.com/sport/football/aberdeen-players-agree-20-cent-pay-cut-2888969


Aberdeen do a press release less than 24 hours ago to say that they will begin consultations and the next morning this appears (and its the only outlet running with it).

The timeline seems odd.

[madhatter]

Aberdeen do a press release less than 24 hours ago to say that they will begin consultations and the next morning this appears (and its the only outlet running with it).

The timeline seems odd.

Yeah, no way it would be that quick and smooth. Either they have controlled the flow of the information reaching the media or the media have decided to stage it in such a manner. The media have used much more serious and apocalyptic language when describing Hibs situation.

Wouldn't put it past the media to control this so that their "Hibs are bust" story could spread panic and get people talking about their articles and buying their papers. I dislike Trump immensely but he has more than a few things right about the media...

[green day]

Yeah, no way it would be that quick and smooth. Either they have controlled the flow of the information reaching the media or the media have decided to stage it in such a manner. The media have used much more serious and apocalyptic language when describing Hibs situation.

Wouldn't put it past the media to control this so that their "Hibs are bust" story could spread panic and get people talking about their articles and buying their papers. I dislike Trump immensely but he has more than a few things right about the media...

Its possible that Aberdeen actually started the process a lot earlier, but kept it all under wraps (unlikely as that would have leaked out).

I am not sure what to think but I guess if our media guys are all on furlough then its difficult for us to control the narrative with the media.

[davhibby]

Its possible that Aberdeen actually started the process a lot earlier, but kept it all under wraps (unlikely as that would have leaked out).

I am not sure what to think but I guess if our media guys are all on furlough then its difficult for us to control the narrative with the media.

There’s a lot to be said for having a good relationship with the media and Cormack has been talking to them a lot since he’s been here, that will buy you an easier ride in the press.

As an aside, does the players going back on Monday mean we’re maybe close to having something agreed?

[Ozyhibby]

https://www.bbc.co.uk/sport/amp/football/53110433?__twitter_impression=true

Dundee making cuts now.


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[04Sauzee]

BBC Sport
menu
Dundee: John Nelms says 'tough choices' must be made
19 June 2020 Dundee
Share this with Email Share this with Facebook Share this with Twitter Share this with Whatsapp
Image copyrightSNSJohn Nelms is hopeful Dundee's insurance claim will succeed
Image captionJohn Nelms is hopeful Dundee's insurance claim will succeed
Dundee must make "tough choices" and have "difficult conversations" after losing half their projected revenues.

Managing director John Nelms said the club lost more than £500,000 because of the early end to last term and face "unsustainable stress" on finances.

The Scottish Championship club believe they have insurance, but must wait six weeks for a High Court judgement to discover if their claim will succeed.

"This is the grim reality of what we are facing," Nelms said in a statement.

Club to reimburse fans with insurance payout
Dundee's iconic run to European semis
"We now have tough choices that must be considered to reduce costs to protect the future of Dundee."

Dundee are not expected to return to league action until 17 October, with significant crowds potentially not able to return to Dens Park for some time after that.

As a result, Nelms said the club's operations were being reviewed and that several "functions may need to pause".

He added that Dundee would now consult with the staff who will be impacted and asked fans to continue buying season tickets to help bring in finance.

Copyright © 2020 BBC. The BBC is not responsible for the content of external sites.

[green day]

https://www.bbc.co.uk/sport/amp/football/53110433?__twitter_impression=true

Dundee making cuts now.


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They will be fine, Jambos keep telling us they are due a series of friendlies with Celtic after Aprils vote........:greengrin

[weecounty hibby]

It's almost like there's a global crisis and folk are cutting back all over the place. But only when we do it does there seem to be an outcry from the media and even some if our own. But unbelievably the tarts who are trying to stop any football and want to sue fellow clubs are getting an easy ride

[CapitalGreen]

Motherwell also mothballing their academy.

[04Sauzee]

Motherwell also mothballing their academy.

This is the tweet from Stevie Hammell

https://twitter.com/stevenhammell/status/1273988689878814721?s=19

[Wee Effen Bee]

They haven’t, not yet. But we don’t know what’s over the hill.

Is it a monster?
Is it a monster?

[matty_f]

This is the tweet from Stevie Hammell

https://twitter.com/stevenhammell/status/1273988689878814721?s=19

Hibs are doing much the same, we aren't abandoning it completely.

[04Sauzee]

Hibs are doing much the same, we aren't abandoning it completely.

As confirmed by some on here and on twitter yesterday, just posting the link for folk to have a read.

[Billy Whizz]

As confirmed by some on here and on twitter yesterday, just posting the link for folk to have a read.

Can you fix the link please, I’ll give it a read
Ta

[04Sauzee]

Can you fix the link please, I’ll give it a read
Ta
Not sure how to fix it on my phone sorry not sure if and admin can edit it?

[nonshinyfinish]

https://twitter.com/stevenhammell/status/1273988689878814721?s=19

For future reference, you can always just copy and paste it into a browser. (This might be a bit fiddly on a phone, but it's possible.)

[danhibees1875]

https://twitter.com/stevenhammell/status/1273988689878814721?s=19

For future reference, you can always just copy and paste it into a browser. (This might be a bit fiddly on a phone, but it's possible.)

Also for reference if you just tap and hold on a link that isn't a hyperlink, your phone will highlight the whole thing and as well as copy you'll also have the option to "browse" which searches for and opens the page the link is for.

[greenpaper55]

Just to show how badly everyone is being affected by the financial situation it seems Celtic are now looking at loans instead of buying players. I also never knew that they had taken a pay cut a wee while ago, no one is immune it seems.

https://www.bbc.co.uk/sport/football/53107418

[Hibees1973]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

[flash]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

How do you subsidise a reduction?

[CapitalGreen]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

How does a subsidised wage reduction work?

[04Sauzee]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

Whatsat?

[JimBHibees]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

You do realise there is a global pandemic on.

[Bostonhibby]

How does a subsidised wage reduction work?Could you find out how much somebody else isn't giving, then say up yours I'm not giving even more than you?

I'll start, I'm not going to put £3m into the Tynecastle big red coo. They'll only waste it on a stand.

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[BoomtownHibees]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

A “subsidised reduction”. What even is that?

[Scouse Hibee]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

Are you meaning that our contributions may prevent the players wages from being reduced? If not I haven’t got a clue what you are on about.

[Coco Bryce]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.

:confused:

[Saturday Boy]

Could you find out how much somebody else isn't giving, then say up yours I'm not giving even more than you?

I'll start, I'm not going to put £3m into the Tynecastle big red coo. They'll only waste it on a stand.

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I think you’ve got this one. I’m beginning to think we missed a trick when we didn’t book a bus to the MK Dons game we didn’t go to. We should have agreed not to subsidise the reduction, or something...........

At least that’s what I thought he meant.

[Since452]

https://t.co/AVb30WrDb2?amp=1

Good stuff from the Dutch

[CapitalGreen]

https://t.co/AVb30WrDb2?amp=1

Big fan of the Dutch. I’m pretty sure they have some sort of distribution model in place too where a proportion of the money teams receive for competing in the Champions League is distributed to the other clubs. Can’t see the Old Firm ever doing that here.

[Bostonhibby]

I think you’ve got this one. I’m beginning to think we missed a trick when we didn’t book a bus to the MK Dons game we didn’t go to. We should have agreed not to subsidise the reduction, or something...........

At least that’s what I thought he meant.[emoji16]

I'm not giving them any money either.

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[04Sauzee]

Not sure if it's been mentioned but Livingston have put out the following

🆕| With the likelihood of no reserve football for a sustained period of time, the club can announce that the reserve coaching staff – Steve Pittman & Derek McWilliams – have asked to be relieved of their duties.

🔗 Full details here - https://t.co/SzFFkZqv9l https://t.co/yOIOpPO3NY

[Greencore]

I for one will not be paying another penny to Hibs if this is to subsidise a players’ reduction in wages.

Jesus, most players, not only at Hibs get paid thousands of pounds a week.

Hats off to those who contribute to HSL. But we should not go down the road Hearts have done and become reliant on millions of pounds of charitable donations from fans and benefactors.

The millions Hearts have wasted, for no return, obscene.

Loyalty should not come at ANY price.
Works at Aberdeen.

[Ozyhibby]

Just to show how badly everyone is being affected by the financial situation it seems Celtic are now looking at loans instead of buying players. I also never knew that they had taken a pay cut a wee while ago, no one is immune it seems.

https://www.bbc.co.uk/sport/football/53107418

Costs £7m a month to run Celtic. If there is no money coming in then they will very quickly burn through that cash pile of theirs.


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[Sammy7nil]

Costs £7m a month to run Celtic. If there is no money coming in then they will very quickly burn through that cash pile of theirs.


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Think they said by October all the good work over the years will be undone.

[Phil MaGlass]

Think they said by October all the good work over the years will be undone.

I think they forget to mention, almost every club in the world are in the same boat.

[Not In The Know]

Just to show how badly everyone is being affected by the financial situation it seems Celtic are now looking at loans instead of buying players. I also never knew that they had taken a pay cut a wee while ago, no one is immune it seems.

https://www.bbc.co.uk/sport/football/53107418

yeah but Tom English thinks Ron should show more ambition. 🤦*♂️

[Sammy7nil]

yeah but Tom English thinks Ron should show more ambition. 🤦*♂️

Yeah he was definitely having a dig yesterday, I can't understand why he is ignoring the ambition of Hearts and where it has got them.

There is a fantastic story there. Mr Benny Factor gives in excess of £9 million and they end up with a wet and windy unfinished stand and relegation. Yet Tom continues to back the Budgie and wants to hear more from Hibs.

[WhileTheChief..]

I heard English on Sportspund yesterday.

He wasn’t having a dig at Ron Gordon, he was saying he would love to hear more from him cause he thinks he’s impressive and worth listening to.

I wouldn’t mind hearing a proper interview with him either instead of just the Hibs TV stuff.

[The Count]

As regards the Academy can we not keep say May but run it with with volunteers??? Sure there would be well qualified Hibs minded or not coaches that would love to get involved.We save money on say Nish,Makel etc. but keep the Academy taking over until better times.

[Sammy7nil]

I heard English on Sportspund yesterday.

He wasn’t having a dig at Ron Gordon, he was saying he would love to hear more from him cause he thinks he’s impressive and worth listening to.

I wouldn’t mind hearing a proper interview with him either instead of just the Hibs TV stuff.

I listened too and I took something different from it i thought he was saying Ron is absent and appears to be giving no direction to the club.

It just goes to show we hear the same thing but take very different meanings.

[Danderhall Hibs]

I heard English on Sportspund yesterday.

He wasn’t having a dig at Ron Gordon, he was saying he would love to hear more from him cause he thinks he’s impressive and worth listening to.

I wouldn’t mind hearing a proper interview with him either instead of just the Hibs TV stuff.

I agree - because of the stance English has taken through this relegation and reconstruction it’s caused some to assume he hates Hibs.

[Ozyhibby]

As regards the Academy can we not keep say May but run it with with volunteers??? Sure there would be well qualified Hibs minded or not coaches that would love to get involved.We save money on say Nish,Makel etc. but keep the Academy taking over until better times.

There are volunteer coaches at every community club. Why have pro youth if it’s just the same?


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[Ozyhibby]

I listened too and I took something different from it i thought he was saying Ron is absent and appears to be giving no direction to the club.

It just goes to show we hear the same thing but take very different meanings.

I listened to it and I didn’t take it as a dig at either Hibs or Ron Gordon.


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[Brightside]

There are volunteer coaches at every community club. Why have pro youth if it’s just the same?


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There is an easy solution. 😂

[calumhibee1]

Costs £7m a month to run Celtic. If there is no money coming in then they will very quickly burn through that cash pile of theirs.


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If only Celtic had saved Hearts. They’d still be turning a profit such is the power of the maroon pound.

[MWHIBBIES]

Costs £7m a month to run Celtic. If there is no money coming in then they will very quickly burn through that cash pile of theirs.


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They do have a few players who could be sold for signifcant money, though.

[18Craig75]

I listened too and I took something different from it i thought he was saying Ron is absent and appears to be giving no direction to the club.

It just goes to show we hear the same thing but take very different meanings.

This was my take on it as well.

[Hibernianrus]

They do have a few players who could be sold for signifcant money, though.

it will be interesting to see what the future holds for transfer fees. If we are struggling to get £150k for Kamberi who could possibly have commanded a £2 million fee in the January window then the main guys at Celtic like McGregor, Edouard , Ajer , Forrest etc will have dropped in value as well but you are right that they have saleable assets but the demand might not be what it was before Covid .

[MWHIBBIES]

it will be interesting to see what the future holds for transfer fees. If we are struggling to get £150k for Kamberi who could possibly have commanded a £2 million fee in the January window then the main guys at Celtic like McGregor, Edouard , Ajer , Forrest etc will have dropped in value as well but you are right that they have saleable assets but the demand might not be what it was before Covid .

We were never getting 2 million for Kamberi, though. Edouard is actually a 25 million pound player, or at least has the potential to be one.

The clubs who are buying Edouard also haven't been affected anywhere near as much as the ones potentially buying Kamberi.

Kamberis value has dropped because he has burned bridges and also has 1 year left

[Hibernianrus]

We were never getting 2 million for Kamberi, though. Edouard is actually a 25 million pound player, or at least has the potential to be one.

The clubs who are buying Edouard also haven't been affected anywhere near as much as the ones potentially buying Kamberi.

Kamberis value has dropped because he has burned bridges and also has 1 year left

I think 95% of clubs have been majorly impacted- just look at Spurs borrowing £175 million from the government to see their way through the crisis. That tells me that although transfer fees will be paid there will be a lot less clubs in a position to pay £25 million .

Your right about Kamberi burning his bridges and the time left on his contract so with him it is definitely the buying club that holds the aces regarding the fee.

[MWHIBBIES]

I think 95% of clubs have been majorly impacted- just look at Spurs borrowing £175 million from the government to see their way through the crisis. That tells me that although transfer fees will be paid there will be a lot less clubs in a position to pay £25 million .

Your right about Kamberi burning his bridges and the time left on his contract so with him it is definitely the buying club that holds the aces regarding the fee.

Well, Spurs are an extreme example because they made an absolute mess of building the stadium, it was like 500million over budget and the way it works is that the stadium is their main source of income. They based the whole project around match day revenue.

[Stonewall]

We were never getting 2 million for Kamberi, though. Edouard is actually a 25 million pound player, or at least has the potential to be one.

The clubs who are buying Edouard also haven't been affected anywhere near as much as the ones potentially buying Kamberi.

Kamberis value has dropped because he has burned bridges and also has 1 year left

The clubs we are likely to be dealing with also know we won’t be hard to deal with.

[Billy Whizz]

Seemingly Aberdeen are able to maintain their Academy. They have an income much greater than Hibs though

[oneone73]

Seemingly Aberdeen are able to maintain their Academy. They have an income much greater than Hibs though

Is their new training ground now up and running?

[Stonewall]

Is their new training ground now up and running?

Was opened last autumn.


Not sure whether the stadium development is going ahead though.

[G B Young]

It's unfortunate that clubs are having to take these sort of measures but they're no different to any businesses which have only limited funds coming in at present.

I'm ok with the temporary route we're going down as the one thing we need to avoid at all costs is being anywhere near a relegation battle next season - hence the correct focus on the first team.

[Stonewall]

Was opened last autumn.


Not sure whether the stadium development is going ahead though.

Stadium development put on hold due to Coronavirus.

[marinello59]

Stadium development put on hold due to Coronavirus.

It had been put on hold before Coronavirus. Is that what Cormack is saying now?

[CMurdoch]

Stadium development put on hold due to Coronavirus.

Nah, the stadium plan was burn't a long time before Covid. Be lucky to see it built before 2030 and perhaps never. All dependent on a high value for the land at Pittodrie.

[Billy Whizz]

Nah, the stadium plan was burn't a long time before Covid. Be lucky to see it built before 2030 and perhaps never. All dependent on a high value for the land at Pittodrie.

You couldn’t find a better location for a football stadium that Pittodrie. Near the city centre, and loads of amenities all round it. The amount of fans that go to the Beach Boulevard prematch is massive
Be better spending money and doing it up, as 3/4 of it is a dump

[marinello59]

You couldn’t find a better location for a football stadium that Pittodrie. Near the city centre, and loads of amenities all round it. The amount of fans that go to the Beach Boulevard prematch is massive
Be better spending money and doing it up, as 3/4 of it is a dump

There’s not a lot they can do there, the footprint is too small. They passed on the chance of buying the old gasworks behind the ground which would have let them rotate the layout by 90 degrees. Stewart Milne even missed out on the land, Barrats built flats on it. :greengrin

[Billy Whizz]

There’s not a lot they can do there, the footprint is too small. They passed on the chance of buying the old gasworks behind the ground which would have let them rotate the layout by 90 degrees. Stewart Milne even missed out on the land, Barrats built flats on it. :greengrin

You’d have thought they could much improve the Stand we’re housed in, it’s probably bigger than our old East stand, and look what we did with that

[Stonewall]

It had been put on hold before Coronavirus. Is that what Cormack is saying now?

I knew Cormack had broached the subject last year but wasn’t sure what the current state of affairs was so I googled it and that’s what came up.

[Brunswickbill]

I think 95% of clubs have been majorly impacted- just look at Spurs borrowing £175 million from the government to see their way through the crisis. That tells me that although transfer fees will be paid there will be a lot less clubs in a position to pay £25 million .

Your right about Kamberi burning his bridges and the time left on his contract so with him it is definitely the buying club that holds the aces regarding the fee.

Playing in an empty Easter Road will mean that Kamberi doesn't have the fans on his back. If he doesn't get transferred he could have at least half a season in him until fans return.

[bigwheel]

I notice Aberdeen annnouncjng today they have raised £5M versus their £10M hole due to Covid...quite impressive. I wonder what our equivalent numbers are ?


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[Billy Whizz]

I notice Aberdeen annnouncjng today they have raised £5M versus their £10M hole due to Covid...quite impressive. I wonder what our equivalent numbers are ?


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Where have they raised this from?

[weecounty hibby]

Where have they raised this from?
I think what he actually said was that they have raised and made savings of £5m. Big difference. Made savings means cutbacks. Raised could be loans, who knows. Let's not use this to best Hibs with. Not saying you have been doing that btw.

[Billy Whizz]

I think what he actually said was that they have raised and made savings of £5m. Big difference. Made savings means cutbacks. Raised could be loans, who knows. Let's not use this to best Hibs with. Not saying you have been doing that btw.

I didn’t, only asked a question😄

[weecounty hibby]

I didn’t, only asked a question😄
Yeah, I know. But at some point someone is going to say look at Aberdeen, why aren't Hibs doing what they are doing etc etc

[HendoDelivered]

Everyone furloughed at the club on Furlough will be getting their 20% wages back when they all return to work. Not sure if the players will get that tomorrow when they are back or will wait till everyone back at the same time to get it back. But it’s in writing that those on Furlough will get their 20% back when they return.

[Gerard]

Everyone furloughed at the club on Furlough will be getting their 20% wages back when they all return to work. Not sure if the players will get that tomorrow when they are back or will wait till everyone back at the same time to get it back. But it’s in writing that those on Furlough will get their 20% back when they return.
Very interesting post

[Lago]

I notice Aberdeen annnouncjng today they have raised £5M versus their £10M hole due to Covid...quite impressive. I wonder what our equivalent numbers are ?


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And rangers have 32000 season ticket renewals, level playing field 😩

[Brightside]

Everyone furloughed at the club on Furlough will be getting their 20% wages back when they all return to work. Not sure if the players will get that tomorrow when they are back or will wait till everyone back at the same time to get it back. But it’s in writing that those on Furlough will get their 20% back when they return.

Really?

[Scouse Hibee]

Everyone furloughed at the club on Furlough will be getting their 20% wages back when they all return to work. Not sure if the players will get that tomorrow when they are back or will wait till everyone back at the same time to get it back. But it’s in writing that those on Furlough will get their 20% back when they return.

Doesn’t make a lot of sense, if they could afford to pay everyone the extra 20% surely they would have paid it monthly rather than owe a big lump sum when they return.

[Brightside]

Doesn’t make a lot of sense, if they could afford to pay everyone the extra 20% surely they would have paid it monthly rather than owe a big lump sum when they return.

Also furlough only covered 80% up to 2500 a month. So the difference is a lost more than 20% for almost every player.

[Scouse Hibee]

Also furlough only covered 80% up to 2500 a month. So the difference is a lost more than 20% for almost every player.

Yes so why would the club want to be held to pay that amount in a period when there has been very little revenue?

[Speedway]

Costs £7m a month to run Celtic. If there is no money coming in then they will very quickly burn through that cash pile of theirs.


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£84m a year to run the club?

[Ozyhibby]

£84m a year to run the club?

Yip.
https://uploads.tapatalk-cdn.com/20200621/3b000e4dfbdd0aa9290eed43def87538.jpg


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[HendoDelivered]

Really?

This came from someone at the club my old man is mates with. He was speaking to him this morning.

[green day]

I notice Aberdeen annnouncjng today they have raised £5M versus their £10M hole due to Covid...quite impressive. I wonder what our equivalent numbers are ?


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He wasnt entirely clear on this - Richard Gordon said this;


'It hinges on wage cuts' - analysis
BBC Radio Scotland's Sportsound presenter Richard Gordon

They're talking about the highest earners taking a temporary cut equivalent to about 15-20%. They had deferrals already in place, and they're going to be paid in full next May. But this is a cut that will last for whatever period of time is agreed.

I think they're hoping to get that black hole of losses down from £10 to nearer £4m, and it would appear it hinges on wage cuts. They're hoping to make no redundancies at all, and it would not affect any employee earning less than £30,000 a year.

It is a wee bit disingenuous to say they have made the savings - until the players accept some rather large wage cuts.............and they are cuts, not deferrals.............then they cant make these savings.

[CropleyWasGod]

This came from someone at the club my old man is mates with. He was speaking to him this morning.

I'm guessing that it applies to the non-playing staff only. The players are on deferred wages for the foreseeable future.

The Club can afford it more now than they could do a few months back, as the final SPFL money is in, and ST sales have picked up quicker than they would have expected back in March.

[Smartie]

Yes so why would the club want to be held to pay that amount in a period when there has been very little revenue?

Have we not sold more than 8000 season tickets in that time?

[number9dream]

Doesn’t make a lot of sense, if they could afford to pay everyone the extra 20% surely they would have paid it monthly rather than owe a big lump sum when they return.

Exactly. Hibs will have been topping up the furlough payments to meet whatever the various deferral totals were in wages.
The deferred portion of salaries will come at a later date when the club is back on an even keel.
The figure isn't going to be 20% either. JRS pays 80% 'up to £2500 a month'... Every senior player will be on significantly more than that.
Player X agrees a deferral from £8000 a month to £6000 a month = govt paying £2500 and the club adding £3500. Player X gets the £2000 a month he has missed at a later date when the club can afford it.
JRS will be over now that they are back to work, with Hibs paying player X the agreed temporary cut of £6000, while negotiations over further reductions in costs go on.
Surely that's how it works...

[Borderhibbie76]

This came from someone at the club my old man is mates with. He was speaking to him this morning.

Not sure that will be true mate...I am currently furlough on 80% salary and I won't get my 20% back when I return to work

[lord bunberry]

I'm guessing that it applies to the non-playing staff only. The players are on deferred wages for the foreseeable future.

The Club can afford it more now than they could do a few months back, as the final SPFL money is in, and ST sales have picked up quicker than they would have expected back in March.
Is it possible that any wage reductions are on the condition that all money from the deferrals is paid up?

[Scouse Hibee]

Not sure that will be true mate...I am currently furlough on 80% salary and I won't get my 20% back when I return to work

Do you work for Hibs?
If not there is no comparison to made if Hibs have actually promised this to their staff.

[CropleyWasGod]

Is it possible that any wage reductions are on the condition that all money from the deferrals is paid up?

It's possible. That will likely be a central part of the current negotiations.

[Antifa Hibs]

How's that Nisbit fella getting on at Dundee Utd? :greengrin:cb

[Logie Green]

How's that Nisbit fella getting on at Dundee Utd? :greengrin:cb

Not sure but Nisbet of Hibernian scored a hat-trick today.

[Is It On....]

How's that Nisbit fella getting on at Dundee Utd? :greengrin:cb

Think you are a bit out of date as he went to big team when The Caveman went there as manager.