Kilmarnock need £1m to survive the season

[Monts]

https://www.bbc.co.uk/sport/football/55730534

[EI255]

Grim times indeed.

Must be rubbish for the owner having to apply for this loan when they didn't really want to. There will be plenty other clubs doing likewise.

Needs must I guess.

Sent from my LG-H870 using Tapatalk

[BlackSheep]

The business of football will be one of the hardest right now.

Teams/businesses operating as 'normal', paying employees and producing a product for a fraction of the profit they are used to.

Outside of professional sport businesses are operating and producing for profit (or at least some income) otherwise they are furloughing staff, etc but this can't happen in football.

The only thing that will help clubs not go under or end up in a mountain of debt is for care packages given without expectation of repayment, somehow I don't see this happening.

It's a real shame.

[04Sauzee]

Looking at their Squad it looks like most are out of contract at the end of the season so a few could sign pre-contracts this Jan
They have already lost Brophy and could loose the likes of.

Dicker
Mulumbu
Findlay
Kiltie
Tshibola
Dikamona
Kabamba

[Paul1642]

Most likely back to being relegation candidates as of next year. The Steve Clarke effect as good as gone.

[matty_f]

Shows how vital initiatives like HSL are for clubs like Hibs

The good thing is that we can support the club before it gets to the stage where it’s a crisis.

[Keith_M]

I hope they survive.

I think Killie are a decent club, without any of the west coast baggage, and I enjoy the trips to Rugby Park.

[Brooster]

A good time to plunder their main assets lol.

[Northernhibee]

A good time to plunder their main assets lol.

A good time to wish them well and hope that their supporters can find a way to help them support the club.

[CMurdoch]

Hibs were lucky that 11,000 of us bought season tickets. We are obviously losing money from lost walk ups and away supporters but did get a good percentage of our normal money.

Did Kilmarnock sell season tickets and if so how many of their supporters bought them?

Sadly there is no other solution than their supporters, that can afford to, giving their club further financial support. Borrowing money is debt and will hamper them moving forward with no assurance that things will improve with a risk of spiralling downwards through the leagues. Wonder if other teams will come out now and admit they are in financial trouble.

[Stuart93]

Makes you think how things will be in the next few months when a lot of clubs, including ours, will struggle to shift as many ST’s as they usually do

[Nicho87]

I like killie as a club.

Don’t like their pitch

Hope they survive.

[greenginger]

Why don’t they approach the Jambo dripping roast James Anderson ?

They must be seen as a more worthy cause than the bottomless Gorgie pit.

[Diclonius]

That isn't good, hope they manage ok.

[Since452]

Don't mind Killie as a club. If anything I have a wee soft spot for them. Shame.

[hibbyfraelibby]

Don't mind Killie as a club. If anything I have a wee soft spot for them. Shame.

Killie have the dstinction of being a club to have denied Them on the last day of the season resulting in a change from goal average to goal difference which ironically meant Sir Albert of Kidd was able to deny them on the last day of the season.

[Frazerbob]

And folk think Ron isn’t ‘ponying up’ 🤦🏻

[Billy Whizz]

Looks like they didn’t want any debt, but urgently need the cash

[superfurryhibby]

And folk think Ron isn’t ‘ponying up’ 🤦🏻

It’s a baffling claim to begin with, but even more so given the current circumstances.

Have to say, Killie won’t be the last SPL club to struggle with the finances. You do wonder where Scottish Football will be by the end of this year, how many clubs will fold?

[04Sauzee]

On a side note Motherwell publish their accounts with a decebt profit up to end of May. Not sure what their financials will look like now

https://www.motherwellfc.co.uk/2021/01/20/club-financial-results-for-year-ending-may-2020/

[wookie70]

https://www.bbc.co.uk/sport/football/55730534 They will be missing away fans more than clubs like Hibs. Hope they can work something out. Could they sell their pitch to supporters and put a grass one down

[Billy Whizz]

They will be missing away fans more than clubs like Hibs. Hope they can work something out. Could they sell their pitch to supporters and put a grass one down

They cut the old firm down to one stand behind the goals, from 2
Think this was during Clarke’s tenure, probably look to giving them the 3 big stands when fans get back in

[jacomo]

On a side note Motherwell publish their accounts with a decebt profit up to end of May. Not sure what their financials will look like now

https://www.motherwellfc.co.uk/2021/01/20/club-financial-results-for-year-ending-may-2020/


£3m + from selling Turnbull will help.

[calumhibee1]

And folk think Ron isn’t ‘ponying up’ 🤦🏻

But but but Ron the Con etc

[CMurdoch]

£3m + from selling Turnbull will help.

The Turnbull money will be on next years Motherwell accounts.
The money from the sale of Scott gave them their profit in the accounts just published which cover the period until May 2000

Kilmarnock have sold no players for significant sums for a while hence screwed.

This summer other winners other than Motherwell were:
Livingston who got a wedge for Dykes
Aberdeen who got a wedge for McKenna
Hearts who got a wedge for Hickey but foolishly wasted half of it on a forlorn court case

[BlackSheep]

Reading that one of Killi’s directors is currently suing her ex for 16.5M.... I guess that could help the club if she wins!

[NAE NOOKIE]

A good time to plunder their main assets lol.

Ken that's meant as tongue in cheek, but I doubt this is a time for levity. Its Killie now but how long before its somebody else and then somebody else and then somebody else and then eventually us?

Yes the fans have pulled Hibs through, but how long will that last? Folk have paid for STs for a season where they thought they might see some football, now it looks likely that it might not even be next season that fans are allowed back in anything like the numbers in a normal season. How many will be able or willing to buy a season ticket for 21/22 if there is no guarantee they will get to games then either?

Look at the current HSL initiative aimed at every Hibs fan, not just their members. So far the total stands at 20K of a 100K target with three days to go until the semi the initiative is based around. Don't get me wrong, it was a noble idea and 20K is still a decent amount, but clearly the fact that so far only a 5th of the target has been achieved is the first sign that optimism around what fans are willing, or more pertinently able, to continue to give may be a tad misplaced.

So ok perhaps there is still room for a bit of gallows humour, lets just hope that by the time we've all stopped laughing there's enough full time clubs left to form a credible professional league in Scotland.

[Carheenlea]

Ken that's meant as tongue in cheek, but I doubt this is a time for levity. Its Killie now but how long before its somebody else and then somebody else and then somebody else and then eventually us?

Yes the fans have pulled Hibs through, but how long will that last? Folk have paid for STs for a season where they thought they might see some football, now it looks likely that it might not even be next season that fans are allowed back in anything like the numbers in a normal season. How many will be able or willing to buy a season ticket for 21/22 if there is no guarantee they will get to games then either?

Look at the current HSL initiative aimed at every Hibs fan, not just their members. So far the total stands at 20K of a 100K target with three days to go until the semi the initiative is based around. Don't get me wrong, it was a noble idea and 20K is still a decent amount, but clearly the fact that so far only a 5th of the target has been achieved is the first sign that optimism around what fans are willing, or more pertinently able, to continue to give may be a tad misplaced.

So ok perhaps there is still room for a bit of gallows humour, lets just hope that by the time we've all stopped laughing there's enough full time clubs left to form a credible professional league in Scotland.

I`m one who hasn`t been attracted by the latest HSL campaign enough to consider donating to the cause. Might still do so before Saturday but when not working at present due to lockdown, and ST renewals looming, I`ll probably keep it to put towards that instead.

When it comes to the crunch, ST renewals will be the single most important financial commitment you can make to the club, whether there are guarantees of actually seeing any action or not. I`m sure this will be the message that will be relayed to the support when the time comes.

[04Sauzee]

I`m one who hasn`t been attracted by the latest HSL campaign enough to consider donating to the cause. Might still do so before Saturday but when not working at present due to lockdown, and ST renewals looming, I`ll probably keep it to put towards that instead.

When it comes to the crunch, ST renewals will be the single most important financial commitment you can make to the club, whether there are guarantees of actually seeing any action or not. I`m sure this will be the message that will be relayed to the support when the time comes.
Without trying to turn this into a season tifket thread, unless there is hope of a return to football next season numbers will be down. We currently have 4 in our family but i can't justify buying 4 tickets next season and may just buy the 1.

[Carheenlea]

Without trying to turn this into a season tifket thread, unless there is hope of a return to football next season numbers will be down. We currently have 4 in our family but i can't justify buying 4 tickets next season and may just buy the 1.

I just have the one so obviously a huge difference in our predicaments.

When highlighting your ST outlay and with many more in a similar situation, then it is fair to assume that numbers of renewals will drop by a fair number.

Hopefully there will some sort of route-map to stadium return that is clearer when the new ST campaign is rolled out.

[CentreLine]

I`m one who hasn`t been attracted by the latest HSL campaign enough to consider donating to the cause. Might still do so before Saturday but when not working at present due to lockdown, and ST renewals looming, I`ll probably keep it to put towards that instead.

When it comes to the crunch, ST renewals will be the single most important financial commitment you can make to the club, whether there are guarantees of actually seeing any action or not. I`m sure this will be the message that will be relayed to the support when the time comes.

Had to think long and hard about it too, having not earned a penny for a year and not eligible for any of the government support. Not pleading poverty as I have a pension but it’s still tight. However, dipped in and paid the minimum £25 as certainly would have been at the semi.
Really disappointing that less than a thousand supporters have seen the benefit this initiative would offer the club but fully understand why some simply cannot.
Glad we have Ron at the helm, who seems to be quietly ponying up but it is important that we don’t see it dip in to investment secured against club assets. Never want to see the club under that threat again.

[Keith_M]

I've sent a proposal to Killie.

I've offered them the £1M they need to survive on condition they clean the manky seats in the Rugby Park away end.










They've rejected the offer.

[Jones28]

I've sent a proposal to Killie.

I've offered them the £1M they need to survive on condition they clean the manky seats in the Rugby Park away end.










They've rejected the offer.

While they're at it they could do with spacing them out more; this aint the fifties and we aren't all 5ft 8.

[superfurryhibby]

Ken that's meant as tongue in cheek, but I doubt this is a time for levity. Its Killie now but how long before its somebody else and then somebody else and then somebody else and then eventually us?

Yes the fans have pulled Hibs through, but how long will that last? Folk have paid for STs for a season where they thought they might see some football, now it looks likely that it might not even be next season that fans are allowed back in anything like the numbers in a normal season. How many will be able or willing to buy a season ticket for 21/22 if there is no guarantee they will get to games then either?

Look at the current HSL initiative aimed at every Hibs fan, not just their members. So far the total stands at 20K of a 100K target with three days to go until the semi the initiative is based around. Don't get me wrong, it was a noble idea and 20K is still a decent amount, but clearly the fact that so far only a 5th of the target has been achieved is the first sign that optimism around what fans are willing, or more pertinently able, to continue to give may be a tad misplaced.

So ok perhaps there is still room for a bit of gallows humour, lets just hope that by the time we've all stopped laughing there's enough full time clubs left to form a credible professional league in Scotland.


Not sure if you've read that thread properly, but the figure quoted is only up to 13th Jan (IIRC). There is a lag between payments made and it being collected and showing on the accumulated total.

I do wonder if HSL should have specified a target though, it just seems like a stick to beat the fans/club with when we don't get close to it.

WE should have a competition for the closest guess. I reckon we will make it to £30,000. Not a bad effort if we do.

[chippy]

I frankly think that it’s amazing that we are donating ( yes I did) so much .20k per month and a one off of something like 30-40k, particularly during these extraordinary times. It would be much much more if Ron would continue to sell us shares. 270k per annum free money is not to be sniffed at

[HibsGW]

But but but Ron the Con etc

I honestly think the only reason anyone has ever even slightly taken that on board is because it has a catchy ring to it. He’s already put millions into us. There’s no basis to it.

[NAE NOOKIE]

Not sure if you've read that thread properly, but the figure quoted is only up to 13th Jan (IIRC). There is a lag between payments made and it being collected and showing on the accumulated total.

I do wonder if HSL should have specified a target though, it just seems like a stick to beat the fans/club with when we don't get close to it.

WE should have a competition for the closest guess. I reckon we will make it to £30,000. Not a bad effort if we do.

No I was aware of the lag, 20K was just the last figure I had seen quoted which made it pretty obvious that the initiative wasn't going to reach anything like it's target by Saturday, in all honesty I never thought it would. When I saw the 100K target I never thought it was realistic from the beginning and like you I was worried that failure to raise more than 50K of it could be used as a stick to beat us with.

If HSL had left the target off the initiative and just asked folk to give then 30K if that is where it does end up would have been, as you say, a pretty good effort, especially when put on top of the contribution fans are already making. I always think over ambitious targets are something you have to be careful with, just like in politics if you reach a self imposed one nobody really cares, but if you don't your opponents use it against you.

[superfurryhibby]

I frankly think that it’s amazing that we are donating ( yes I did) so much .20k per month and a one off of something like 30-40k, particularly during these extraordinary times. It would be much much more if Ron would continue to sell us shares. 270k per annum free money is not to be sniffed at

That ship has sailed sadly, although no can ever persuade me that the dilution of the HSL shareholding was fair.

You’re right though, the fans contribution is a tremendous effort, particularly when you consider other factors like the level of season ticket sales and the financial uncertainty many people face just now.

[Kaff]

No I was aware of the lag, 20K was just the last figure I had seen quoted which made it pretty obvious that the initiative wasn't going to reach anything like it's target by Saturday, in all honesty I never thought it would. When I saw the 100K target I never thought it was realistic from the beginning and like you I was worried that failure to raise more than 50K of it could be used as a stick to beat us with.

If HSL had left the target off the initiative and just asked folk to give then 30K if that is where it does end up would have been, as you say, a pretty good effort, especially when put on top of the contribution fans are already making. I always think over ambitious targets are something you have to be careful with, just like in politics if you reach a self imposed one nobody really cares, but if you don't your opponents use it against you.

I did comment that there could be the possibility of it being underwritten by someone wealthy for this reason of looking like failing while actually achieving a notable amount of fundraising for the club.
As you say it will be seized upon by the naysayers if we're even £10k short and will be a shame if that's the case

[matty_f]

I did comment that there could be the possibility of it being underwritten by someone wealthy for this reason of looking like failing while actually achieving a notable amount of fundraising for the club.
As you say it will be seized upon by the naysayers if we're even £10k short and will be a shame if that's the case

As the person that took the idea for the initiative to HSL, we did discuss (with other input) the £100k target and whether or not that was over-ambitious, and at the end of the day I don't think it really matters.

We broke it down and thought that if we could get 4000 - a fraction of what we'd take to Hampden - to donate the minimum £25, we'd get there and we didn't think that would be a huge leap if we got a bit of momentum with it.

Ultimately the goal was to try and give the club a boost with the aim of being able to generate enough money that the club *could* (we have no say in how they spend it) fund the player that might be the difference in us winning a cup or not winning a cup.

I think folk who want to beat on HSL will do so regardless, if HSL fall well short they should be praised for trying, and I'd love to see more of this kind of thing because ultimately, it will make the club better.

[Keith_M]

As the person that took the idea for the initiative to HSL, we did discuss (with other input) the £100k target and whether or not that was over-ambitious, and at the end of the day I don't think it really matters.

We broke it down and thought that if we could get 4000 - a fraction of what we'd take to Hampden - to donate the minimum £25, we'd get there and we didn't think that would be a huge leap if we got a bit of momentum with it.

Ultimately the goal was to try and give the club a boost with the aim of being able to generate enough money that the club *could* (we have no say in how they spend it) fund the player that might be the difference in us winning a cup or not winning a cup.

I think folk who want to beat on HSL will do so regardless, if HSL fall well short they should be praised for trying, and I'd love to see more of this kind of thing because ultimately, it will make the club better.


I don't see any harm in having a target for money being raised. It maybe gives that extra bit of incentive.

If the end figure is actually £50k, that's still £50k that the club wouldn't otherwise have had.

[matty_f]

I don't see any harm in having a target for money being raised. It maybe gives that extra bit of incentive.

If the end figure is actually £50k, that's still £50k that the club wouldn't otherwise have had.

Exactly mate, at a time where the club would have got exactly £0 ticket income from a semi that would otherwise have been very lucrative, plugging that shortfall is definitely going to help.

[silverhibee]

Kilmarnock director Phyllis McLeish demands £16.5m in divorce pay off from estranged spouse.

[Kaff]

As the person that took the idea for the initiative to HSL, we did discuss (with other input) the £100k target and whether or not that was over-ambitious, and at the end of the day I don't think it really matters.

We broke it down and thought that if we could get 4000 - a fraction of what we'd take to Hampden - to donate the minimum £25, we'd get there and we didn't think that would be a huge leap if we got a bit of momentum with it.

Ultimately the goal was to try and give the club a boost with the aim of being able to generate enough money that the club *could* (we have no say in how they spend it) fund the player that might be the difference in us winning a cup or not winning a cup.

I think folk who want to beat on HSL will do so regardless, if HSL fall well short they should be praised for trying, and I'd love to see more of this kind of thing because ultimately, it will make the club better.

No problem and no need to explain. It's a great idea and hope we can grow the amount, especially if a win on Saturday does boost folk into participation, defeat is not to be discussed but hopefully won't grind to a halt even if the worst happens.

[A Hi-Bee]

I don't see any harm in having a target for money being raised. It maybe gives that extra bit of incentive.

If the end figure is actually £50k, that's still £50k that the club wouldn't otherwise have had.

Aim for the stars an if you only reach the moon it is still pretty freekin good.

GGTTH
:flag::flag::flag:

[Viva_Palmeiras]

It’s a baffling claim to begin with, but even more so given the current circumstances.

Have to say, Killie won’t be the last SPL club to struggle with the finances. You do wonder where Scottish Football will be by the end of this year, how many clubs will fold?

Propped up by the Rangers :)

[Viva_Palmeiras]

As the person that took the idea for the initiative to HSL, we did discuss (with other input) the £100k target and whether or not that was over-ambitious, and at the end of the day I don't think it really matters.

We broke it down and thought that if we could get 4000 - a fraction of what we'd take to Hampden - to donate the minimum £25, we'd get there and we didn't think that would be a huge leap if we got a bit of momentum with it.

Ultimately the goal was to try and give the club a boost with the aim of being able to generate enough money that the club *could* (we have no say in how they spend it) fund the player that might be the difference in us winning a cup or not winning a cup.

I think folk who want to beat on HSL will do so regardless, if HSL fall well short they should be praised for trying, and I'd love to see more of this kind of thing because ultimately, it will make the club better.


What do we take to semis? 10-15k? Not sure.

Anyway we’ve never been in a semi-final in January during an epidemic (I think) but Club 86 in its height IIRC (from Mr Cranston RIP great guy) was £100k. That was within a year. But Extrordinary Times (did you buy the James’ Christmas Special edition stuff Matty?)

Good to aspire to believing in better, but lots of uncertainty around jobs, COVID its a toughie so any additional amount over than would have otherwise been the case needs to be applauded.

For the folks that have promoted and crafted supporting materials for this I salute you - extremely professional, the presentation was first class given the timescales, and securing the support of an articulate Hibee in Grant Scott to support and be the voice and face bravo!

This can only stand us in good stead for the future initiatives - the force is strong in the foundations forged here.

Thanks and good night.

[matty_f]

What do we take to semis? 10-15k? Not sure.

Anyway we’ve never been in a semi-final in January during an epidemic (I think) but Club 86 in its height IIRC (from Mr Cranston RIP great guy) was £100k. That was within a year. But Extrordinary Times (did you buy the James’ Christmas Special edition stuff Matty?)

Good to aspire to believing in better, but lots of uncertainty around jobs, COVID its a toughie so any additional amount over than would have otherwise been the case needs to be applauded.

For the folks that have promoted and crafted supporting materials for this I salute you - extremely professional, the presentation was first class given the timescales, and securing the support of an articulate Hibee in Grant Scott to support and be the voice and face bravo!

This can only stand us in good stead for the future initiatives - the force is strong in the foundations forged here.

Thanks and good night.

Times are definitely tough for people, the thinking here was that we were only looking for people who would have been spending that money anyway - how many of us would have found the money to go to Hampden.

If Hampden would have been out of reach financially, totally understandable, then nobody would be expecting folk to be able to find the money for this initiative.

It’s aimed at the folk who would have bought a ticket and gone to the game, so by definition the people who could afford it.

[Iggy Pope]

No I was aware of the lag, 20K was just the last figure I had seen quoted which made it pretty obvious that the initiative wasn't going to reach anything like it's target by Saturday, in all honesty I never thought it would. When I saw the 100K target I never thought it was realistic from the beginning and like you I was worried that failure to raise more than 50K of it could be used as a stick to beat us with.

If HSL had left the target off the initiative and just asked folk to give then 30K if that is where it does end up would have been, as you say, a pretty good effort, especially when put on top of the contribution fans are already making. I always think over ambitious targets are something you have to be careful with, just like in politics if you reach a self imposed one nobody really cares, but if you don't your opponents use it against you.

I see where you’re coming from and largely agree. The target and what have you made good reading but the current figure includes regular Direct Debit donations outside of the initiative. I asked at the start if the figures could be separated, but they can’t I was advised.
Doing the sums in the dark then the initiative doesn’t look like it is close to adding much to the normal monthly intake which (I thought) was in the region of £20k before you start.

[matty_f]

I see where you’re coming from and largely agree. The target and what have you made good reading but the current figure includes regular Direct Debit donations outside of the initiative. I asked at the start if the figures could be separated, but they can’t I was advised.
Doing the sums in the dark then the initiative doesn’t look like it is close to adding much to the normal monthly intake which (I thought) was in the region of £20k before you start.

I think it would depend on when direct debits are taken normally. If they’re mostly taken at the start of the month then your assessment would be about right, if at the end of the month then we know we’ve raised about what’s in there now, if the direct debits are spread throughout the month, the impact will be less clear until the final total is known.

[Iggy Pope]

I think it would depend on when direct debits are taken normally. If they’re mostly taken at the start of the month then your assessment would be about right, if at the end of the month then we know we’ve raised about what’s in there now, if the direct debits are spread throughout the month, the impact will be less clear until the final total is known.

👍

[Ozyhibby]

https://www.football-espana.net/2021/01/22/barcelona-ask-major-banks-to-delay-debt-repayments-to-avoid-bankruptcy/amp?__twitter_impression=true

Lots of clubs in bother now.


Sent from my iPhone using Tapatalk

[jgl07]

While they're at it they could do with spacing them out more; this aint the fifties and we aren't all 5ft 8.

5ft 8inches?

Are you joking? You need to be 5ft 6inches or below and have no legs to sit comfortably at Killie.

[nonshinyfinish]

https://www.football-espana.net/2021/01/22/barcelona-ask-major-banks-to-delay-debt-repayments-to-avoid-bankruptcy/amp?__twitter_impression=true

Lots of clubs in bother now.


Sent from my iPhone using Tapatalk

Now, I thought the comments above about poaching Killie's best players were in poor taste, but in this case I will make an exception. Pony up Ron.

[Stonewall]

I’d laugh like a drain if Barca went bust though. Would be sad if Killie went though.

[Yorkshire HFC]

https://www.football-espana.net/2021/01/22/barcelona-ask-major-banks-to-delay-debt-repayments-to-avoid-bankruptcy/amp?__twitter_impression=true

Lots of clubs in bother now.


Sent from my iPhone using Tapatalk

Taking Barcelona out of the picture, it's a tough world and it's tough times for a lot of people.

At this time, you need to take the emotion out of it. Hibs, as a business, have a Board of Directors who run the club, and it's their job to make Hibs a sustainable business. A sustainable business does not rely on donations from the public just to keep afloat - especially at a time when they are taking on new employees at a considerable cost.

Individuals can ofcourse do as they please with their money - but when I was in business, the company had to trade in profit, whatever happened - and that's the reality I hope the Hibs directors are facing up to. It's not an easy job. Let's hope that all they were taught at business school gets them through it.

Is the gamble of buying a few new players worth the risk of bankruptcy?

Is the long term investment in 20 / 30 / 40 youth players in the hope of unearthing one Scott Brown worth the short term pain?

[superfurryhibby]

Taking Barcelona out of the picture, it's a tough world and it's tough times for a lot of people.

At this time, you need to take the emotion out of it. Hibs, as a business, have a Board of Directors who run the club, and it's their job to make Hibs a sustainable business. A sustainable business does not rely on donations from the public just to keep afloat - especially at a time when they are taking on new employees at a considerable cost.

Individuals can ofcourse do as they please with their money - but when I was in business, the company had to trade in profit, whatever happened - and that's the reality I hope the Hibs directors are facing up to. It's not an easy job. Let's hope that all they were taught at business school gets them through it.

Is the gamble of buying a few new players worth the risk of bankruptcy?

Is the long term investment in 20 / 30 / 40 youth players in the hope of unearthing one Scott Brown worth the short term pain?

Football isn’t like normal business though. Fans make enormous emotional investment in it, there’s no other way to explain why 11,000 people bought season tickets or why fans are donating £20,000/ month.

I suspect the successful business man who owns Hibs is well aware of the clubs finances whilst he releases funds to secure new or existing players contracts.

I’d be very surprised if Hibs risking bankruptcy with the current expenditure levels :confused:

[tamig]

Taking Barcelona out of the picture, it's a tough world and it's tough times for a lot of people.

At this time, you need to take the emotion out of it. Hibs, as a business, have a Board of Directors who run the club, and it's their job to make Hibs a sustainable business. A sustainable business does not rely on donations from the public just to keep afloat - especially at a time when they are taking on new employees at a considerable cost.

Individuals can ofcourse do as they please with their money - but when I was in business, the company had to trade in profit, whatever happened - and that's the reality I hope the Hibs directors are facing up to. It's not an easy job. Let's hope that all they were taught at business school gets them through it.

Is the gamble of buying a few new players worth the risk of bankruptcy?

Is the long term investment in 20 / 30 / 40 youth players in the hope of unearthing one Scott Brown worth the short term pain?
Are you concerned at the way the club is being run and do you doubt the current owner and board? You’ve posted a few negative posts the past couple of days.

[Yorkshire HFC]

Are you concerned at the way the club is being run and do you doubt the current owner and board? You’ve posted a few negative posts the past couple of days.

I’m not trying to be overly negative - hopefully just realistic. As you say, you can only trust that the owners have it all covered.
Hopefully a good result tomorrow will help!

[jacomo]

https://www.football-espana.net/2021/01/22/barcelona-ask-major-banks-to-delay-debt-repayments-to-avoid-bankruptcy/amp?__twitter_impression=true

Lots of clubs in bother now.


Sent from my iPhone using Tapatalk


Barca are a basket case right now. The pandemic has made everything worse... but their problems precede it.

[NAE NOOKIE]

As the person that took the idea for the initiative to HSL, we did discuss (with other input) the £100k target and whether or not that was over-ambitious, and at the end of the day I don't think it really matters.

We broke it down and thought that if we could get 4000 - a fraction of what we'd take to Hampden - to donate the minimum £25, we'd get there and we didn't think that would be a huge leap if we got a bit of momentum with it.

Ultimately the goal was to try and give the club a boost with the aim of being able to generate enough money that the club *could* (we have no say in how they spend it) fund the player that might be the difference in us winning a cup or not winning a cup.

I think folk who want to beat on HSL will do so regardless, if HSL fall well short they should be praised for trying, and I'd love to see more of this kind of thing because ultimately, it will make the club better.

For my part my only problem with the initiative was announcing a target. I have paid into it and continue with my normal HSL donations on a monthly basis. HSL is brilliant for Hibs, I can understand totally why many folk cant contribute, especially now, but I fail to see why any Hibs fan would have a downer on HSL in general. Anything that helps to keep the club afloat has to be a good thing.

[matty_f]

For my part my only problem with the initiative was announcing a target. I have paid into it and continue with my normal HSL donations on a monthly basis. HSL is brilliant for Hibs, I can understand totally why many folk cant contribute, especially now, but I fail to see why any Hibs fan would have a downer on HSL in general. Anything that helps to keep the club afloat has to be a good thing.

I think they need to try it. having a tangible target can be a good way to engage people. You run the risk of falling short but ultimately we know that a good amount of money that the club wouldn’t have otherwise had, has landed in their account.

[WhileTheChief..]

I’ve not seen 1 post anywhere on here knocking the HSL campaign.

All I’ve seen is people donating, encouraging others, praising the efforts of those involved and a few people saying the amount raised to date is a bit lower than they hoped.

Why do some of you think there are Hibs fans lining up to shoot them down if the £100k isn’t reached?

It’s been an entirely positive campaign.

[Keith_M]

I’ve not seen 1 post anywhere on here knocking the HSL campaign.

All I’ve seen is people donating, encouraging others, praising the efforts of those involved and a few people saying the amount raised to date is a bit lower than they hoped.

Why do some of you think there are Hibs fans lining up to shoot them down if the £100k isn’t reached?

It’s been an entirely positive campaign.


Plus this is the Kilmarnock thread, not the HSL one.

We seem to have gone off track a bit

:wink:

[JimBHibees]

As the person that took the idea for the initiative to HSL, we did discuss (with other input) the £100k target and whether or not that was over-ambitious, and at the end of the day I don't think it really matters.

We broke it down and thought that if we could get 4000 - a fraction of what we'd take to Hampden - to donate the minimum £25, we'd get there and we didn't think that would be a huge leap if we got a bit of momentum with it.

Ultimately the goal was to try and give the club a boost with the aim of being able to generate enough money that the club *could* (we have no say in how they spend it) fund the player that might be the difference in us winning a cup or not winning a cup.

I think folk who want to beat on HSL will do so regardless, if HSL fall well short they should be praised for trying, and I'd love to see more of this kind of thing because ultimately, it will make the club better.

Brilliant initiative and will give club more money win win irrespective if target is met or not :flag: