Agm

[andyf5]

Just out. Main points.
-Malcolm McPherson new chairperson
-Ian and Kit Gordon join the board (continuing Gordon family commitment)
- player contracts include much better sell on fees
- manager sackings get less severence
- looking at investment in North stand as hospitality sold out in West
- advertising revenue up because of LED and screens being part of package
- Ben Kensell done a power of work during this difficult time

Overall I was very impressed by Ben and Malcolm. It was supposed to be an approval of accounts only meeting but the above points were made.

[Pretty Boy]

I gave it a miss. I was at the memorial for Ron this afternoon and after I got home I just couldn't be bothered going back out thinking it was just going to be a formal acceptance of the accounts.

Sounds very interesting though and hopefully with the team on the park doing the business all the other stuff becomes a bit less in the spotlight and just ticks along as it should.

[SHODAN]

So Ian and Kit will be the new official owners then I imagine?

EDIT: Reading the quotes from McPherson on the official site it looks as Kit is now owner.

[Pretty Boy]

So Ian and Kit will be the new official owners then I imagine?

EDIT: Reading the quotes from McPherson on the official site it looks as Kit is now owner.

In a legal sense I think Bydland Sports LLC are the owners of the shares in the football club (certainly according to the last confirmation statement). If Kit Gordon has inherited that from Ron then I suppose she is now ultimately the owner of the football club.

[bingo70]

In a legal sense I think Bydland Sports LLC are the owners of the shares in the football club (certainly according to the last confirmation statement). If Kit Gordon has inherited that from Ron then I suppose she is now ultimately the owner of the football club.

I wonder if Kit has experience in business herself?

We obviously don’t know much about her but wonder if she might have fresh ideas and an energy she can bring to the club like Ron did.

[overdrive]

In a legal sense I think Bydland Sports LLC are the owners of the shares in the football club (certainly according to the last confirmation statement). If Kit Gordon has inherited that from Ron then I suppose she is now ultimately the owner of the football club.

Think she co-owned Bydland anyway.

https://www.hiberniancommunityfoundation.org.uk/faqs/kit-gordon1

A bit of background to her as well

[CentreLine]

I was interested in the fella who offered that he has a couple of ideas to increase revenue and that he wants to share with the club. More power to his elbow, I hope they are seriously good and BK was certainly keen to hear more.

[Irish_Steve]

Just out. Main points.
-Malcolm McPherson new chairperson
-Ian and Kit Gordon join the board (continuing Gordon family commitment)
- player contracts include much better sell on fees
- manager sackings get less severence
- looking at investment in North stand as hospitality sold out in West
- advertising revenue up because of LED and screens being part of package
- Ben Kensell done a power of work during this difficult time

Overall I was very impressed by Ben and Malcolm. It was supposed to be an approval of accounts only meeting but the above points were made.

I sit in the executive seats in the FFU and a few seasons ago there was chat about moving us on as they wanted to use those seats for hospitality. They are great seats and would be miffed if we got punted from them!

[Gorebridge Hibb]

Just out. Main points.
-Malcolm McPherson new chairperson
-Ian and Kit Gordon join the board (continuing Gordon family commitment)
- player contracts include much better sell on fees
- manager sackings get less severence
- looking at investment in North stand as hospitality sold out in West
- advertising revenue up because of LED and screens being part of package
- Ben Kensell done a power of work during this difficult time

Overall I was very impressed by Ben and Malcolm. It was supposed to be an approval of accounts only meeting but the above points were made.
Spot on. Plus we’re looking at a healthy amount of add on for Josh Doig as well as the £2 million that Hellas Verona are still due us. If Scott McTominay is worth over £25 million we could also be in for a healthy amount of money if John McGinn moves on from Villa.

[MWHIBBIES]

Spot on. Plus we’re looking at a healthy amount of add on for Josh Doig as well as the £2 million that Hellas Verona are still due us. If Scott McTominay is worth over £25 million we could also be in fjj on r a healthy amount of money if John McGinn moves on from Villa.

The McGinn money is just a fantasy now I think. 29 this year, no one is paying big dosh for him. 10 million or so end of next season as he moves to a newly promoted side or something maybe. We get our cut of that.

Isn't going to be silly money but enough to help us in some way.

[J-C]

Think she co-owned Bydland anyway.

https://www.hiberniancommunityfoundation.org.uk/faqs/kit-gordon1

A bit of background to her as well


Interestingly it says that in 2019 Ron and Kit bought Hibernian FC, so she was already a part owner then.

[WeeRussell]

The McGinn money is just a fantasy now I think. 29 this year, no one is paying big dosh for him. 10 million or so end of next season as he moves to a newly promoted side or something maybe. We get our cut of that.

Isn't going to be silly money but enough to help us in some way.

How about a straight swap for Joe Newell at end of next season, and forget about any cash?

[Gorebridge Hibb]

I sit in the executive seats in the FFU and a few seasons ago there was chat about moving us on as they wanted to use those seats for hospitality. They are great seats and would be miffed if we got punted from them!

Think it’ll be a similar initiative to the Albion in the West. We would be better with hospitality in the FF Lower to ensure there’s people in the seats 💚👍

[Gorebridge Hibb]

The McGinn money is just a fantasy now I think. 29 this year, no one is paying big dosh for him. 10 million or so end of next season as he moves to a newly promoted side or something maybe. We get our cut of that.

Isn't going to be silly money but enough to help us in some way.
EPL clubs will pay silly money for a 29 year old easily. Especially those clubs getting promoted

[MWHIBBIES]

EPL clubs will pay silly money for a 29 year old easily. Especially those clubs getting promoted

Probably not, no. 10/15 million potentially. Not 30 or 40. Better players than mcginn for that price.

[Gorebridge Hibb]

Probably not, no. 10/15 million potentially. Not 30 or 40. Better players than mcginn for that price.

Forest spent £185 million on, mostly, dross. Someone with EPL experience such as McGinn is going for well above £10 million. McTominay will go for more possibly as he’s a few years younger and plays for Man Utd.

[cameronw-hfc]

Forest spent £185 million on, mostly, dross. Someone with EPL experience such as McGinn is going for well above £10 million. McTominay will go for more possibly as he’s a few years younger and plays for Man Utd.

Keep in mind John has been in dire form for club the last 12 months or so. Picked it up recently but he's been bang out of form for Villa so his price tag will be lower. I think 20m-30m is the absolute max Villa could get from a naive team and that would be daylight robbery given his age. Realistically 10-15m is more suitable

[Mick O'Rourke]

Think she co-owned Bydland anyway.

https://www.hiberniancommunityfoundation.org.uk/faqs/kit-gordon1

A bit of background to her as well

Indeed she has had a fruitful career in business.
Reading later part of her CV endears me too this thoughtful charitable person ,just like those that founded our club.
Am more than sure that due diligence was carried out to identify and ensure the club would move forward in the game and remain faithful to our ethos
Helping the community in different ways seems to be a vocation to Mrs Gordon,or do we just call her Kit !
We maybe dont set the heather on fire these days as a football team.
But our club has been at the forefront and pioneers of many good changes in Scottish Football since our birth.
I am very optimistic that the Gordons will endevour to reach higher.
With the professional assistance from Malcolm,Ben Lee,and others like David,Darren,Paul and Lewis who know the club well will deliver some success .Both on and off the park .
Make the fans and the City proud
We have a history of doing good and life saving brave actions .Our fans anyway,more recently, as we know.
On the football front
Silverware and Europe will do me for an aperitif:greengrin Then have a right go !!


We Love Ron
GGTTH

[J-C]

Keep in mind John has been in dire form for club the last 12 months or so. Picked it up recently but he's been bang out of form for Villa so his price tag will be lower. I think 20m-30m is the absolute max Villa could get from a naive team and that would be daylight robbery given his age. Realistically 10-15m is more suitable


He's probably not played in his natural position for most of this season, right of a 3 in the middle and even out on the right wing at times.

[cameronw-hfc]

He's probably not played in his natural position for most of this season, right of a 3 in the middle and even out on the right wing at times.

He's been played as a #8 more often than not the last 12 months, sometimes covering at #6 when needed and recently on the right wing this season.

He's been shocking everywhere in centre mid for a while, it's been a strange one. He's had his shot at #10, #8 and #6 and he just couldn't get going. Don't think its due to being poor, more just a bad run of form, and if you think about it, it's probably his first bad run in his career so he's been due a bad run.

He's played on the right wing recently and seems to look better out there, strangely enough. Has been outstanding the last few games he's played on the right.

I also think a lot of it comes down to hitting a bad run, losing confidence and the manager at the time not just refusing to take him out the spotlight for a few when the abuse got bad towards him, and it did, Gerrard seemed to make it worse by doubling down and stripping Mings(very controversial decision amongst the fans) and giving McGinn the armband. Felt like he needed a break from the team as abuse was piling on and Gerrard makes him captain and refuses to give him a break, and I don't think that helped. Can't be easy playing poor, fans abusing you, clear to everyone you need a break but the manager refuses.

[MWHIBBIES]

Forest spent £185 million on, mostly, dross. Someone with EPL experience such as McGinn is going for well above £10 million. McTominay will go for more possibly as he’s a few years younger and plays for Man Utd.

I've been hearing this for 6 years now. It's not happening.

There are just loads of better options than mcginn for 30 million.

[MagicSwirlingShip]

So then, the AGM

[Hibs4185]

So a serious point about player contracts. Obviously the decision lies with the player but if you compare SJM with Porto, it’s probably more beneficial for Hibs to sell to a mid level team and then hopefully they sell on to a bigger team.

If you sell to a big team straight away, as we did with SJM, then the chances of a big sell on are slimmer.

Josh Doig has went to a mid level team and already looking at a transfer to a bigger club.

Wonder if this forms part of the new strategy.

[cameronw-hfc]

AGM sounds positive yet nothing spectacular, which is fine for an AGM. Really classy how the Gordons have gone about the whole process since Rons passing, we're very lucky to be owned by good people.

[CallumLaidlaw]

So a serious point about player contracts. Obviously the decision lies with the player but if you compare SJM with Porto, it’s probably more beneficial for Hibs to sell to a mid level team and then hopefully they sell on to a bigger team.

If you sell to a big team straight away, as we did with SJM, then the chances of a big sell on are slimmer.

Josh Doig has went to a mid level team and already looking at a transfer to a bigger club.

Wonder if this forms part of the new strategy.

Villa were lower than Watford when McGinn signed for them tbf.


Sent from my iPhone using Tapatalk

[Pretty Boy]

So a serious point about player contracts. Obviously the decision lies with the player but if you compare SJM with Porto, it’s probably more beneficial for Hibs to sell to a mid level team and then hopefully they sell on to a bigger team.

If you sell to a big team straight away, as we did with SJM, then the chances of a big sell on are slimmer.

Josh Doig has went to a mid level team and already looking at a transfer to a bigger club.

Wonder if this forms part of the new strategy.

I think the bigger priority is making sure we get players tied down on good deals before they reach the last 18 months of their contract.

LJ was quite clear that in his opinion the situation with Porteous should never have got as far as it did. He had signed one long term deal just as he broke into the team, as soon as he became a regular we should have been getting another year or 2 added to that rather than trying to deal when he would already be eyeing up a move and knowing what was in the market. There is risk involved in that of course, a 3 year deal for someone like Doyle-Hayes looks like poor business as it stands, by the same token 3 years for Campbell looks a very smart move now when once it maybe didn't, so much so we have done what should have happened with Porto and extended it again.

We will always be a selling club. Good sell on fees are important but firstly we need to make sure we don't have valuable assets walking away for nothing or minimal fees because we are too slow to deal. It looks like we have learned a harsh lesson in that regard and are taking it on board.

[Hibernian Verse]

So a serious point about player contracts. Obviously the decision lies with the player but if you compare SJM with Porto, it’s probably more beneficial for Hibs to sell to a mid level team and then hopefully they sell on to a bigger team.

If you sell to a big team straight away, as we did with SJM, then the chances of a big sell on are slimmer.

Josh Doig has went to a mid level team and already looking at a transfer to a bigger club.

Wonder if this forms part of the new strategy.

Not much difference between where Villa were and where Watford are now really.

[Paul1642]

So a serious point about player contracts. Obviously the decision lies with the player but if you compare SJM with Porto, it’s probably more beneficial for Hibs to sell to a mid level team and then hopefully they sell on to a bigger team.

If you sell to a big team straight away, as we did with SJM, then the chances of a big sell on are slimmer.

Josh Doig has went to a mid level team and already looking at a transfer to a bigger club.

Wonder if this forms part of the new strategy.

I agree with you point and Villa are historically a big team but they were in the championship when McGinn signed for them. Had they failed to promote (they finished 5th and edged both play off games) like has happened to so many relighted premiership teams he probably would have moved to a prem club for decent money.

Watford are still in with a shout of promotion and even if they miss out they will no doubt be contenders again in the next few seasons. It’s not impossible we end up in the same position, although hopefully not.

It’s certainly worth more of a risk than selling to Rangers and Celtic where players will either rot and leave for nothing or potentially stay for the rest of their career.

[Hibs4185]

I agree with you point and Villa are historically a big team but they were in the championship when McGinn signed for them. Had they failed to promote (they finished 5th and edged both play off games) like has happened to so many relighted premiership teams he probably would have moved to a prem club for decent money.

Watford are still in with a shout of promotion and even if they miss out they will no doubt be contenders again in the next few seasons. It’s not impossible we end up in the same position, although hopefully not.

It’s certainly worth more of a risk than selling to Rangers and Celtic where players will either rot and leave for nothing or potentially stay for the rest of their career.

Exactly, avoiding a situation where a player like Scott brown stays at Celtic his whole career.

Aston Villa and Watford were at the same level but Aston Villa are undoubtedly a bigger club and far more potential to be a club you stay at long term.

Watford and Verona are def more like a stepping stone club.

I think we are becoming wiser with our contracts and sell in’s etc so credit to all involved.

[bod]

Thought this thread was about the agm ?

[Greencore]

Any news about the DOF ?

[marinello59]

Thought this thread was about the agm ?

Not so sure there was anything much to discuss from the AGM apart from the presented accounts being rubber stamped.

[marinello59]

Any news about the DOF ?

Football questions weren’t up for discussion , business side only out of respect to Ron Gordon.

[andyf5]

Any news about the DOF ?

No. The AGM only dealt with accounts. For me the biggest positive takeaway was the desire of the Gordon family to commit to the club and join the board. I thought Malcolm McPherson was impressive and it was the best I have seen of Ben Kensell.

[adam middlemass]

Football questions weren’t up for discussion , business side only out of respect to Ron Gordon.
Yes, that was the reason I didn’t bother going up. Pleased with what I’m hearing though. :aok:

[speedy_gonzales]

Did everyone get plenty of notice for the AGM this year?
I missed last year because my address hadn't been updated even though I gave 8 months notice, this year I only got the notice/letter on Monday morning! A tiny bit disappointed there was the full accounts included as I did enjoy going through them but fully understand why we're not mailing these out anymore and its request by email only.

[CropleyWasGod]

Did everyone get plenty of notice for the AGM this year?
I missed last year because my address hadn't been updated even though I gave 8 months notice, this year I only got the notice/letter on Monday morning! A tiny bit disappointed there was the full accounts included as I did enjoy going through them but fully understand why we're not mailing these out anymore and its request by email only.

The normal notice period wasn't given this year, which was understandable given the circumstances.

[Cocaine&Caviar]

Keep in mind John has been in dire form for club the last 12 months or so. Picked it up recently but he's been bang out of form for Villa so his price tag will be lower. I think 20m-30m is the absolute max Villa could get from a naive team and that would be daylight robbery given his age. Realistically 10-15m is more suitable

Very harsh analysis

[cabbageandribs1875]

i'm reading on fb a cost of over £1m to end contracts of last two management teams


shirly not :eek:

[Sioux]

i'm reading on fb a cost of over £1m to end contracts of last two management teams


shirly not :eek:

Must be right. Facebook, such a reliable source for fake news.

[cabbageandribs1875]

Must be right. Facebook, such a reliable source for fake news.

are you saying the person that was at the meeting is a liar ?

[matty_f]

are you saying the person that was at the meeting is a liar ?

Did you not doubt them first?

[Greencore]

Must be right. Facebook, such a reliable source for fake news.

Not everything is wrong or right.

Just like here.

[andyf5]

Did you not doubt them first?

At the meeting they said £1m was the severence cost for the last two managers and when Lee Johnston was appointed he accepted different severence terms that would not leave the club exposed to big payouts.

[matty_f]

At the meeting they said £1m was the severence cost for the last two managers and when Lee Johnston was appointed he accepted different severence terms that would not leave the club exposed to big payouts.

Good on him, sure we had a candidate reject the job because he didn't like the severance terms offered - Appleton, I think.

[Pretty Boy]

At the meeting they said £1m was the severence cost for the last two managers and when Lee Johnston was appointed he accepted different severence terms that would not leave the club exposed to big payouts.

Wow.

You always know that sacking managers is an expensive business but seeing it written down as £1M hammers home just how expensive it is.

I suppose it suggests a certain confidence in his own ability that Johnson was happy to accept less should he fail.

[matty_f]

Wow.

You always know that sacking managers is an expensive business but seeing it written down as £1M hammers home just how expensive it is.

I suppose it suggests a certain confidence in his own ability that Johnson was happy to accept less should he fail.
Maloney had a full backroom team that needed ditched as well.

[Torto7]

I'm very pleased with Malcolm being the Chairman. I was a wee bit concerned Ian Gordon would be chairman which would be a hell of a leap in responsibilities for a young man. Malcolm is a consummate pro and a Hibby through and through.

[jacomo]

Good on him, sure we had a candidate reject the job because he didn't like the severance terms offered - Appleton, I think.


Yes, the rumour was it was Appleton.

I think this is all very much based on circumstances. What happens next time we are looking for a manager if there is one outstanding candidate but they insist on generous severance terms? Will the club really say no?

Having a policy in place is all well and good but flexibility is key.

[Iain G]

Not everything is wrong or right.

Just like here.

In a quantum state everything can be both wrong and right at the same time...just like here 😁

[CentreLine]

are you saying the person that was at the meeting is a liar ?

That is the figure quoted in the accounts and confirmed at the AGM last night. Two management teams paid off. £1m.
Also confirmed none of these people are still on the club payroll.
BK went on to explain
That but was to LJs credit that he accepted that would not be the case in the event Hibs parted company with him. Have to say I found that impressive and also suggests he backs himself.