View Full Version : Potential takeover/new investor?
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EastStandGates
11-12-2023, 02:53 PM
Talking about competing with the Old Firm for signings is incredibly kickback-esque.
Aberdeen and Hertz are probably about 25% up on us with regards to finances and if the red tops are right, both could lose their strikers to Rangers and Celtic in the next window.
matty_f
11-12-2023, 02:54 PM
Why would a minority stakeholder come and pump millions in/give us loads of resources which would increase the Gordon’s share’s worth, unless the Gordons are also to be expected to pump millions in matching their shares?
Why would they have a meeting with the SFA if they wanted a minority share as well?
They'll take a long term view on it. The club's value is only going to go up if this is done properly, I would guess (and it's only a guess) that a sale price will be agreed - maybe with certain conditions - for the future, so investing now gives the value down the road.
There are loads of reasons for this to work for Foley as a minority owner in the first instance if the deal is structured for future purchase.
Alex Trager
11-12-2023, 02:54 PM
I suspect they will take full control if they get the green light on Thursday. I certainly hope so.[emoji1696][emoji1696][emoji1696]
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You think they are going to take fully over and we won’t have any Gordon involvement as of Thurs?
That’s not the impression I was under.
HoboHarry
11-12-2023, 02:55 PM
Why would a minority stakeholder come and pump millions in/give us loads of resources which would increase the Gordon’s share’s worth, unless the Gordons are also to be expected to pump millions in matching their shares?
Why would they have a meeting with the SFA if they wanted a minority share as well?
Is that not what is about to happen at Man Utd? On a larger scale obviously.
matty_f
11-12-2023, 02:56 PM
Why would a minority stakeholder come and pump millions in/give us loads of resources which would increase the Gordon’s share’s worth, unless the Gordons are also to be expected to pump millions in matching their shares?
Why would they have a meeting with the SFA if they wanted a minority share as well?
You need to bear in mind that rules at the moment make full ownership problematic for Foley, having minority ownership but lots of control would certainly be a way to circumvent some of those problems.
Real Emerald
11-12-2023, 03:02 PM
Love it matty, exciting times.
I think it may take a few windows of gradually increasing the quality of incoming players, if we can compete with Rangers and Celtic for signingswe will really be meaning business.
It might and probably would take a few windows but in order to tempt the type of players I think they’d be looking at we would need to have a good few in to to make it worth their while. I would think we’d see a big recruitment window at some point sooner rather than later.
JimBHibees
11-12-2023, 03:02 PM
This is my feeling too
Can the vote be blocked by uglies holding each others hand?
King Cosell
11-12-2023, 03:07 PM
Talking about competing with the Old Firm for signings is incredibly kickback-esque.
Aberdeen and Hertz are probably about 25% up on us with regards to finances and if the red tops are right, both could lose their strikers to Rangers and Celtic in the next window.
I don't expect Hibs to win the league, I just want it to be possible. In 2017/18 Celtic finished with 82pts, we were 15pts behind. We drew a lot of games that season, if we turned 5 of those draws into wins and won 1 of the games we lost against Celtic we win the league by 1pt. I'm not delusional, I don't think we'll win the title, I just want it to be possible.
bingo70
11-12-2023, 03:09 PM
Yeah, agree with that. I think/hope that we're going to need a shift of mindset though, and without wanting to go all Romanov-era Hearts fan, if the investors and the Gordons are serious about this opportunity and are genuinely going to fund the team towards success, then we need to completely change our thinking and remove all the things that have traditionally limited us due to the constraints of existing in the one/two team world of Scottish football for the last 40 years and beyond.
We need to look at the talent in Scottish football with a view that if the players wouldn't get into Rangers or Celtic's team, then they won't get into ours unless we see something in them that Rangers and Celtic have missed (like we did with McGinn, for example).
Those players come along very rarely though. We sold McGinn about five/six years ago, I think - before that I can't remember us trading a player at that level since the Golden Generation in Mowbray's time - Leigh Griffiths maybe?
And there aren't many other teams doing that, Andy Robertson went down to England years ago as well but you see English teams scooping up young Scottish talent much earlier now, so while we will look at Scotland, we can't limit ourselves.
I'm getting carried away, of course, but the potential here is for a properly seismic shift in Scottish football. And I think we'll pave the way for others to look at Scotland to invest and so we need to be good, quickly to get an advantage.
If they're serious and put their money where their mouth is, then we are looking at a completely different ball game to what all of us have known before.
I agree with you Matty.
You’re opening yourself up to be ridiculed if we get relegated, sorry, demoted, next season so I admire your balls in talking openly about the ambition you’re predicting. For me, while it’s hard to envisage crazy money being spent on the club/team, I don’t get why an American billionaire, a guy who is a winner in pretty much everything he does, would buy a club in Scotland and piss about competing for 3rd or 4th. That’s just wasting his time and the potential wins are so small why would he bother?! Unless there’s decent investment the gap between us and Bournemouth is so big, again, there’s just no point as we couldn’t help them, even if that was his motivation.
chippy
11-12-2023, 03:10 PM
You need to bear in mind that rules at the moment make full ownership problematic for Foley, having minority ownership but lots of control would certainly be a way to circumvent some of those problems.
Might the vehicle to say ‘takeover Hibs’ be a bit different to the Foley- Bournemouth one? If the group contains the Ryan’s for example maybe they could be the named takeover guys and not Foley? Just a passing thought
bingo70
11-12-2023, 03:10 PM
Can the vote be blocked by uglies holding each others hand?
No, that was the case with the old SPL but this is an SFA rule that’s being amended.
CapitalGreen
11-12-2023, 03:11 PM
Can the vote be blocked by uglies holding each others hand?
The uglies don’t have a vote
JimBHibees
11-12-2023, 03:12 PM
The uglies don’t have a vote
Good who does?
greenlex
11-12-2023, 03:13 PM
Good who does?
It’s up to the SFA.
CapitalGreen
11-12-2023, 03:15 PM
No, that was the case with the old SPL but this is an SFA rule that’s being amended.
There isn’t a rule being amended at this stage is there? We are just seeking board approval for a minority stake which is a requirement of an existing rule. The SFA’s announcement to review their rules on multi-club control is separate to Thursday’s board meeting.
MagicSwirlingShip
11-12-2023, 03:15 PM
It’s up to the SFA.
Hard to decide if that’s a good or a bad thing. Like choosing between a poke in the eye or a kick in the shin
bingo70
11-12-2023, 03:19 PM
There isn’t a rule being amended at this stage is there? We are just seeking board approval for a minority stake which is a requirement of an existing rule. The SFA’s announcement to review their rules on multi-club control is separate to Thursday’s board meeting.
Ah I didn’t know that. I thought the guy Mulraney was saying there had to be a slight amendment to the rules to allow their involvement.
It was suggested that they’d be getting around 25% of the club, are you saying that would be within the current rules?
Greencore
11-12-2023, 03:32 PM
Didn't Mike Ashley have a stake in rangers? Why wouldn't this go through?
Ozyhibby
11-12-2023, 03:33 PM
Didn't Mike Ashley have a stake in rangers? Why wouldn't this go through?
That was Rangers. Totally different for Hibs.
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matty_f
11-12-2023, 03:36 PM
Might the vehicle to say ‘takeover Hibs’ be a bit different to the Foley- Bournemouth one? If the group contains the Ryan’s for example maybe they could be the named takeover guys and not Foley? Just a passing thought
I guess they could do that - I am sure Brighton's owner reduced is holding in his Belgian club because they were in the same European competition as Brighton, and the new majority owner is connected to his business in some way (unless I'm mistaken).
matty_f
11-12-2023, 03:41 PM
I agree with you Matty.
You’re opening yourself up to be ridiculed if we get relegated, sorry, demoted, next season so I admire your balls in talking openly about the ambition you’re predicting. For me, while it’s hard to envisage crazy money being spent on the club/team, I don’t get why an American billionaire, a guy who is a winner in pretty much everything he does, would buy a club in Scotland and piss about competing for 3rd or 4th. That’s just wasting his time and the potential wins are so small why would he bother?! Unless there’s decent investment the gap between us and Bournemouth is so big, again, there’s just no point as we couldn’t help them, even if that was his motivation.
That's where I'm at with it - these guys don't get involved to muck about and third isn't really something to shout about for them.
If it goes south and he puts two bob and a golf ball in and we're still scrambling around 3rd-6th every season then I don't care if I got a bit excited today before anything happened.
As it stands, a super wealthy gadgie is wanting Hibs to be successful, he's backed by even more wealthy gadgies who also want to be successful.
As of right now, anything could happen with it so why not dream a bit? We're so worn down with a glass ceiling of third place in Scotland - these guys aren't tainted with that at all, they are winners and they've got the means to win at Hibs if that's what they want to do.
As a support, we can only really go along for the ride.
WhileTheChief..
11-12-2023, 03:43 PM
The Hearts Chief Exec, Andrew McKinlay, is now the SFA top dog I think, with the board made up of several club chairmen along with Neil Doncaster.
No reason for any of them to try and block this, I'm assuming it's a formality.
The Hearts Chief Exec, Andrew McKinlay, is now the SFA top dog I think, with the board made up of several club chairmen along with Neil Doncaster.
No reason for any of them to try and block this, I'm assuming it's a formality.
You would think. They’ll have to come up with a very good reason if they choose to block it.
offshorehibby
11-12-2023, 04:00 PM
The Hearts Chief Exec, Andrew McKinlay, is now the SFA top dog I think, with the board made up of several club chairmen along with Neil Doncaster.
No reason for any of them to try and block this, I'm assuming it's a formality.
I thought Doncaster was solely SPFL and not SFA. They'd have to come out with some good excuse to block it. Not sure if Rod still has influence at the SFA.
04Sauzee
11-12-2023, 04:00 PM
https://x.com/scottmillar1/status/1733935885920452716?s=46&t=9ECFsSDsGgie80A2m3HH1A
Hard not to get excited, reading this.
As part of that thread this is well worth a listen.
https://www.sportsloft.co/podcasts/ryan-sports-ventures-investing-in-people-that-change-the-game
Keepthefaith
11-12-2023, 04:05 PM
That's where I'm at with it - these guys don't get involved to muck about and third isn't really something to shout about for them.
If it goes south and he puts two bob and a golf ball in and we're still scrambling around 3rd-6th every season then I don't care if I got a bit excited today before anything happened.
As it stands, a super wealthy gadgie is wanting Hibs to be successful, he's backed by even more wealthy gadgies who also want to be successful.
As of right now, anything could happen with it so why not dream a bit? We're so worn down with a glass ceiling of third place in Scotland - these guys aren't tainted with that at all, they are winners and they've got the means to win at Hibs if that's what they want to do.
As a support, we can only really go along for the ride.
Exactly this. Try telling girona who are sitting pretty after a 4-2 win over Barca ( at Barca) that the model doesn't work. If it's done right, we have a great chance of achieving significantly more!
WhileTheChief..
11-12-2023, 04:23 PM
I thought Doncaster was solely SPFL and not SFA. They'd have to come out with some good excuse to block it. Not sure if Rod still has influence at the SFA.
Guess he's there to represent the SPFL as a whole, not sure though.
Members: Ian Maxwell (Scottish FA), Neil Doncaster (SPFL), Leslie Gray (SPFL), Alan Burrows (SPFL), Andrew McKinlay (SPFL), Stewart Robertson (SPFL), Finlay Noble (SHFL) and Tom Brown (SLFL).
Ozyhibby
11-12-2023, 05:07 PM
As part of that thread this is well worth a listen.
https://www.sportsloft.co/podcasts/ryan-sports-ventures-investing-in-people-that-change-the-game
Listening to this just now and I’m properly excited. These are serious people with serious money behind them.
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Smartie
11-12-2023, 05:21 PM
I just can't hear all of this without thinking that Russian sailors and Mikey Forrester are going to end up involved at some point.
matty_f
11-12-2023, 05:50 PM
I just can't hear all of this without thinking that Russian sailors and Mikey Forrester are going to end up involved at some point.
We might be that lucky!
Exactly this. Try telling girona who are sitting pretty after a 4-2 win over Barca ( at Barca) that the model doesn't work. If it's done right, we have a great chance of achieving significantly more!
Doing not bad for a feeder club.
blackpoolhibs
11-12-2023, 06:20 PM
Can anyone reccomend a good tattooist, thinking of getting something inked on my back?:wink:
GreenCastle
11-12-2023, 06:47 PM
We have a good manager - we have some decent players.
Several understand the club well - add in some more quality and we won’t be far off.
Imagine if we had the wrong manager we would have an issue.
Girona have the right balance and are being successful.
Hibs has always had massive potential and maybe finally someone has realised a capital city club with reasonably easy access to Europe is worth investing.
Since452
11-12-2023, 06:50 PM
Can anyone reccomend a good tattooist, thinking of getting something inked on my back?:wink:
Can we all start wearing cowboy hats?
Real Emerald
11-12-2023, 06:54 PM
Can we all start wearing cowboy hats?
At least we’d have something to jump up and down on if it all went tits up. 😀
HoboHarry
11-12-2023, 06:55 PM
Can we all start wearing cowboy hats?
I can supply them, plenty of them for sale around here lol....
gorgie greens
11-12-2023, 07:20 PM
It’s up to the SFA.
Heard that they have agreed already in principle but nothing can be done until after the AGM tomorrow, them full steam ahead
ancient hibee
11-12-2023, 07:31 PM
[QUOTE=WhileTheChief..;7526071]The Hearts Chief Exec, Andrew McKinlay, is now the SFA top dog I think, with the board made up of several club chairmen along with Neil Doncaster.
No reason for any of them to try and block this, I'm assuming it's a formality.[/
ancient hibee
11-12-2023, 07:34 PM
Guess he's there to represent the SPFL as a whole, not sure though.
Members: Ian Maxwell (Scottish FA), Neil Doncaster (SPFL), Leslie Gray (SPFL), Alan Burrows (SPFL), Andrew McKinlay (SPFL), Stewart Robertson (SPFL), Finlay Noble (SHFL) and Tom Brown (SLFL).
Members of what committee?Think it’s the Professional Game Committee. Wonder what their remit is.
Forza Fred
11-12-2023, 09:32 PM
Desperate for news that it will go ahead.
As I said on another thread..’if nothing changes…..then nothing changes’.
Hoping additional investment coupled with the Gordons’ ongoing support can kick us up from being a mid table Scottish club to……..
Well………whatever we can be!
I’ll dare to dream.
Heard that they have agreed already in principle but nothing can be done until after the AGM tomorrow, them full steam ahead
Paul Hourigan, one of the top guys at Ryan Sports Ventures (investment arm of the Ryan Family that owns 20% of the Chicago Bears and are in partnership with Foley/Black Knight Football Club with a stake in Bournemouth and FC Lorient) on the podcast above is talking as if it is already a done deal. Didn't mention Hibs but said a 3rd club is about to be added to the portfolio shortly.
I see Forbes has the head of the Ryan family Pat Ryan's net worth as $9.4bn. 😯
Ozyhibby
11-12-2023, 09:54 PM
Paul Hourigan, one of the top guys at Ryan Sports Ventures (investment arm of the Ryan Family that owns 20% of the Chicago Bears and are in partnership with Foley/Black Knight Football Club with a stake in Bournemouth and FC Lorient) on the podcast above is talking as if it is already a done deal. Didn't mention Hibs but said a 3rd club is about to be added to the portfolio shortly.
I see Forbes has the head of the Ryan family Pat Ryan's net worth as $9.4bn. [emoji54]
It must be a done deal or they wouldn’t be asking for SFA approval?
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It must be a done deal or they wouldn’t be asking for SFA approval?
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Here's hoping.
All I want for Christmas is a billionaire investor (or 2).
SaulGoodman
11-12-2023, 10:00 PM
Can’t believe I’m going to watch Lewis Stevenson standing on the pitch as the champions league anthem plays.
18Craig75
11-12-2023, 10:07 PM
Paul Hourigan, one of the top guys at Ryan Sports Ventures (investment arm of the Ryan Family that owns 20% of the Chicago Bears and are in partnership with Foley/Black Knight Football Club with a stake in Bournemouth and FC Lorient) on the podcast above is talking as if it is already a done deal. Didn't mention Hibs but said a 3rd club is about to be added to the portfolio shortly.
I see Forbes has the head of the Ryan family Pat Ryan's net worth as $9.4bn. 😯
Wouldn’t he have been referring to the A league side?
Gmack7
11-12-2023, 10:08 PM
Only 2 billionaires, ffs it just confirms us as the wee team,
Bridge hibs
11-12-2023, 10:27 PM
Ryan Sports buys into European soccer clubs
9.26.2023
The Ryan family as part of its sports investment arm Ryan Sports Ventures has "purchased a minority stake in a venture that controls several European soccer teams." The Black Knight Football Club, a joint venture led by Golden Knights owner Bill Foley, owns Premier League club AFC Bournemouth and Ligue 1 club FC Lorient. Ryan Sports did "not disclose how much it invested." The Ryan family has held a minority interest in the Bears "since the '80s and has made investments in the Penske Corporation and sports technology
Didnt know they had investments in “several european teams”
HoboHarry
11-12-2023, 11:27 PM
Hate to piss on anyone's chips but don't the newer FSR rules mean that our spending has to come from football income and not gifts or extra payments? We'd have to comply to participate in Europe no?
Wouldn’t he have been referring to the A league side?
I thought about that but think it's unlikely that's who he's talking about. Ryan Sports Ventures have a minority stake in Bill Foley's Black Knight Football Club. Black Knight secured the license for the new A-League team last month so there would be no reason for Paul Hourigan not to mention that the A-League team is the 3rd club he was referring to, whereas with Hibs the deal isn't done yet so he held back on giving further details, I reckon.
Ozyhibby
11-12-2023, 11:48 PM
Hate to piss on anyone's chips but don't the newer FSR rules mean that our spending has to come from football income and not gifts or extra payments? We'd have to comply to participate in Europe no?
We’d be loaning the money to ourselves. Or something.
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SteveHFC
11-12-2023, 11:49 PM
Can’t believe I’m going to watch Lewis Stevenson standing on the pitch as the champions league anthem plays.
Have already bought my 2025 Champions League final ticket in advance.
matty_f
11-12-2023, 11:56 PM
Hate to piss on anyone's chips but don't the newer FSR rules mean that our spending has to come from football income and not gifts or extra payments? We'd have to comply to participate in Europe no?
Hearts literally run on gifts and extra payments.
HoboHarry
11-12-2023, 11:58 PM
Hearts literally run on gifts and extra payments.
I'd wondered about that too, I'm just not sure how they are getting around it. Sevco are on the FSR watch list so the powers are paying attention.
Hate to piss on anyone's chips but don't the newer FSR rules mean that our spending has to come from football income and not gifts or extra payments? We'd have to comply to participate in Europe no?
We'll sell Rocky to Bournemouth for the £10m price tag LJ put on him and loan him back to us.
Vault Boy
12-12-2023, 12:02 AM
An option seems to be to win a **** load of trophies for a decade and then deal with the hundreds of FFP charges later. I think we should be gunning for Man City’s financial misconduct record.
NGoloGrantie
12-12-2023, 12:02 AM
Just trying to catch up on all this. Is it the Ryan Group that is investing in us or bill foleys mob? Or both?!?
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HoboHarry
12-12-2023, 12:03 AM
We'll sell Rocky to Bournemouth for the £10m price tag LJ put on him and loan him back to us.
Fechin genius. 007 for Prime Minister :greengrin
Hearts literally run on gifts and extra payments.
Yeah, the charity club.
I'd wondered about that too, I'm just not sure how they are getting around it. Sevco are on the FSR watch list so the powers are paying attention.
Budge pishes it up against the wall on "infrastructure" and 1 for 2 deals like buy 1 new stand for the price of 2.
Just trying to catch up on all this. Is it the Ryan Group that is investing in us or bill foleys mob? Or both?!?
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Both. Ryan Sports Ventures own a minority stake in Bill Foley's Black Knight Football Club.
https://sports.yahoo.com/chicago-bears-investors-buy-bill-205318923.html
I guess I'm now a Chicago Bears and Team Penske fan. (Think the last time I watched NASCAR was Days of Thunder).
Ozyhibby
12-12-2023, 12:24 AM
Both. Ryan Sports Ventures own a minority stake in Bill Foley's Black Knight Football Club.
https://sports.yahoo.com/chicago-bears-investors-buy-bill-205318923.html
I guess I'm now a Chicago Bears and Team Penske fan. (Think the last time I watched NASCAR was Days of Thunder).
Nah, I won’t be supporting the golden knights. [emoji2961]
The rest I’ll wish well.
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matty_f
12-12-2023, 04:20 AM
An option seems to be to win a **** load of trophies for a decade and then deal with the hundreds of FFP charges later. I think we should be gunning for Man City’s financial misconduct record.
You can sustain losses to a limit if covered by a cash injection by the owner as well, and I would also expect a big upturn in the amount of sponsorship income Hibs report as well.
Rumble de Thump
12-12-2023, 06:03 AM
£2.4 million for each Champions League group stage win will also help.
Hibs4185
12-12-2023, 06:31 AM
Have a joiner working for me just now who is a currant bun.
He was talking about football yesterday so I casually dropped in that we were being bought by two billionaires worth £11 billion.
I could see the wheels turning for about 30 seconds before he said “that’ll no come off, but I see you got £1,200,000 for that forward”
I could see the fear in his face!
nonshinyfinish
12-12-2023, 07:38 AM
I'd wondered about that too, I'm just not sure how they are getting around it.
There's nothing for them to get around. UEFA's rules allow a certain amount of money to be spent over the amount that you earn – I think the current limit is €60m over three years. Anderson's donations are under that threshold.
Bostonhibby
12-12-2023, 07:44 AM
We’d be loaning the money to ourselves. Or something.
Sent from my iPhone using TapatalkCouldn't Foley just stick a couple of hundred million in a charity bucket then we could just take it and have it "resting" in our accounts.
It's what big teams do.
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gorgie greens
12-12-2023, 08:25 AM
It must be a done deal or they wouldn’t be asking for SFA approval?
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Hibs had an unofficial meeting last week with the beaks and were told that there was no objections in principle.
Now needs to be put to the AGM tonight and they have a meeting penciled in for Thursday this week from what I have been told back in Glasgow to get it rubber stamped.
Mark05
12-12-2023, 08:26 AM
Can we please close this thread. I am starting to feel unwell,I'm getting dizzy with excitement and having to lie down.Being a hibs fan I am not used to all this positive talk.Do you think Messi might fancy finishing his playing career at Easter Rd,after all we had George Best in the eighties 😁 sorry I can't help myself. My dad used to love talking about the famous five,this could be our famous five moment when we regularly beat the old firm and win 🏆 that's me I'm going to lie back down again 😂
jeffers
12-12-2023, 08:41 AM
Can we please close this thread. I am starting to feel unwell,I'm getting dizzy with excitement and having to lie down.Being a hibs fan I am not used to all this positive talk.Do you think Messi might fancy finishing his playing career at Easter Rd,after all we had George Best in the eighties 😁 sorry I can't help myself. My dad used to love talking about the famous five,this could be our famous five moment when we regularly beat the old firm and win 🏆 that's me I'm going to lie back down again 😂
Nah dream away. I’m sure most of us are really excited at the prospect of this investment.
worcesterhibby
12-12-2023, 09:05 AM
There's nothing for them to get around. UEFA's rules allow a certain amount of money to be spent over the amount that you earn – I think the current limit is €60m over three years. Anderson's donations are under that threshold.
I think it's more complicated than that:
How does Financial Fair Play work?UEFA permits football clubs to spend no more than €5 million (£3.9 million) over what they earn in each three-year assessment period. There is, however, a new limit of 30 million euros (previously 45 million euros) if the owners of the club or a related party can cover these losses.
What is counted under the Financial Fair Play regulations?To comply with the Financial Fair Play regulations, the Club Financial Control Body (CFCB) stated that only a club's outgoings in the area of transfers, employee benefits (including wages), amortisation of transfers, financial costs and dividends will be included.
It will not include revenue spent on infrastructure, training facilities, or youth development.
So if the clubs owners can cover it we can spend up to 35million Euros above what we bring over a three year period. I think !
blackpoolhibs
12-12-2023, 09:08 AM
I dont know the rules on FFP, but what is there stopping this new group from buying the naming rights to Easter Rd for £100m?:confused:
CraigHibee
12-12-2023, 09:13 AM
Hearts literally run on gifts and extra payments.
:agree: and as per previous history it looks likes they just piss it up a wall
i'm sure the extra investment we receive will be put to good use
CapitalGreen
12-12-2023, 09:15 AM
I dont know the rules on FFP, but what is there stopping this new group from buying the naming rights to Easter Rd for £100m?:confused:
The FFP rules stop that.
blackpoolhibs
12-12-2023, 09:25 AM
The FFP rules stop that.
Why if it's income, genuinely have no idea on these rules?:confused:
neil7908
12-12-2023, 09:25 AM
I dont know the rules on FFP, but what is there stopping this new group from buying the naming rights to Easter Rd for £100m?:confused:
I think that's one of the many things City are getting done for - massively overinflated sponsorship or other deals obtained through via their owners.
nonshinyfinish
12-12-2023, 09:29 AM
I think it's more complicated than that:
How does Financial Fair Play work?
UEFA permits football clubs to spend no more than €5 million (£3.9 million) over what they earn in each three-year assessment period. There is, however, a new limit of 30 million euros (previously 45 million euros) if the owners of the club or a related party can cover these losses.
What is counted under the Financial Fair Play regulations?
To comply with the Financial Fair Play regulations, the Club Financial Control Body (CFCB) stated that only a club's outgoings in the area of transfers, employee benefits (including wages), amortisation of transfers, financial costs and dividends will be included.
It will not include revenue spent on infrastructure, training facilities, or youth development.
So if the clubs owners can cover it we can spend up to 35million Euros above what we bring over a three year period. I think !
I think your numbers are out of date – it's quite hard to find chapter and verse online. When I've looked before I've found similar figures to you, but dated a few years back. The UEFA site has the full documents but they're a million pages long. That said, from what I've found I think the limit has been increased again and is currently €60m above what you earn in a three-year period. I don't know if that extra allowed €5m loss is still part of the rules.
In relation to the original question (how do Hearts 'get away with it'?), it makes no difference – the amount donated is well under the allowed threshold.
I dont know the rules on FFP, but what is there stopping this new group from buying the naming rights to Easter Rd for £100m?:confused:
The UEFA rules say that these kind of sponsorships have to reflect 'market value' – you'd probably get away with inflating it a bit as it's not an exact science to say what naming rights, sponsorships etc are worth, but if you take the piss then you'll get done for it.
Broken Gnome
12-12-2023, 09:39 AM
Are all the Ryan Group's investments completely intertwined with the Black Knights? Listening to that podcast and explaining their model and that a new team is on board soon, is there no way that could be independent of Bill Foley and perhaps not Hibs?
I'm not wild about the idea as much like everyone else I'd love it if we got to whatever success in Scotland is - a good third or pushing second, cup wins and at least 18k at ER every week - by ourselves. Would also rather we didn't have the reference to 'consumers' and what they need from their product, especially when it was fairly closely linked to how they would approach building Bournemouth a new stadium and were having to justify current ticket price rises.
BUT.... they do seem genuine. If football's changing and we do need a boost to keep up with Aberdeen/Hearts, let alone surpass them or bridge the gap to Rangers/Celtic, the guy on the podcast puts across a decent impression that it's considered, it could succeed and wouldn't revolutionise the club into something unrecognisable and a horrible end result.
blackpoolhibs
12-12-2023, 09:41 AM
The UEFA rules say that these kind of sponsorships have to reflect 'market value' – you'd probably get away with inflating it a bit as it's not an exact science to say what naming rights, sponsorships exactly are worth, but if you take the piss then you'll get done for it.[/QUOTE]
Ah right. :thumbsup:
matty_f
12-12-2023, 09:51 AM
I think your numbers are out of date – it's quite hard to find chapter and verse online. When I've looked before I've found similar figures to you, but dated a few years back. The UEFA site has the full documents but they're a million pages long. That said, from what I've found I think the limit has been increased again and is currently €60m above what you earn in a three-year period. I don't know if that extra allowed €5m loss is still part of the rules.
In relation to the original question (how do Hearts 'get away with it'?), it makes no difference – the amount donated is well under the allowed threshold.
The UEFA rules say that these kind of sponsorships have to reflect 'market value' – you'd probably get away with inflating it a bit as it's not an exact science to say what naming rights, sponsorships etc are worth, but if you take the piss then you'll get done for it.
From reading into what Foley's said about the purchase and the benefit he can bring, then we can expect to generate vastly more from sponsorship than we do today as part of a wider group.
I imagine that will work with them going to big US companies with whopping marketing budgets, leaning on their relationships with the likes of Michael B Jordan (as I think they've done with Bournemouth) and selling the sponsorship of the group of clubs rather than having one sponsor on Bournemouth's strip, one on Lorient, one on ours etc.
I would expect 'market value' to be positioned very differently, and we will see the benefit both in the amount that we receive being greater, but the amount that then allows Foley to spend increasing within FFP.
I suspect they'll also budget for group stages of Europa League rather than qualifying rounds or Conference League, which again will bump up what the sponsorship is worth and our income.
We're never going to whack £100m at the club in a window, but it would not surprise me to see £10-30m going in to a mix of infrastructure and player recruitment, at a guess.
If that didn't get us third and into the group stages of Europa, with the other expertise that's being brought to the table then something's gone horribly wrong.
I seem to remember a target of £30m turnover per year for the club being mentioned, that will give you an idea of what they'll be able to spend within FFP.
Broken Gnome
12-12-2023, 09:59 AM
Further on the podcast, I'm always a bit wary that Americans will always overestimate 'brand potential' in Scotland. Particularly when they talk about media rights and the growth of women's football, it's a totally different landscape here to England and I just don't see that we can monetise things to whatever levels they would want or demand.
Suppose I'm slightly assured that the closest link we have is Bournemouth. It's modest, they can't have unrealistic ambitions, and it doesn't have the air of a short-term toy that one mega-billionaire fancies having a play around with. These groups don't have that many teams in their grasp, we're not far and away the runt of the litter, so you'd think they'd have absolutely done every bit of homework on us and have a workable Scottish plan in place that ties in with current and future attendances, team budget, media rights...
Eff it. As long as ticket prices don't rocket up even more - they'll need to know they're above peak already - then let's go for it.
CropleyWasGod
12-12-2023, 10:09 AM
Hibs had an unofficial meeting last week with the beaks and were told that there was no objections in principle.
Now needs to be put to the AGM tonight and they have a meeting penciled in for Thursday this week from what I have been told back in Glasgow to get it rubber stamped.
Whose AGM?
The SFA's was in June. Ours is yet to happen.
matty_f
12-12-2023, 10:13 AM
Further on the podcast, I'm always a bit wary that Americans will always overestimate 'brand potential' in Scotland. Particularly when they talk about media rights and the growth of women's football, it's a totally different landscape here to England and I just don't see that we can monetise things to whatever levels they would want or demand.
Suppose I'm slightly assured that the closest link we have is Bournemouth. It's modest, they can't have unrealistic ambitions, and it doesn't have the air of a short-term toy that one mega-billionaire fancies having a play around with. These groups don't have that many teams in their grasp, we're not far and away the runt of the litter, so you'd think they'd have absolutely done every bit of homework on us and have a workable Scottish plan in place that ties in with current and future attendances, team budget, media rights...
Eff it. As long as ticket prices don't rocket up even more - they'll need to know they're above peak already - then let's go for it.
On that - I think you’re right to a point but also these guys live and breathe sponsorship etc and will have a good idea of what they can charge.
Ron did the same at hibs and got scoffed at initially but I think our commercial income has more than doubled since he took over (haven’t fact checked that so I’m happy to stand corrected if that’s wrong).
I know I’m getting carried away with it, I can’t help myself - like a big bairn - but without wanting to slip into lazy generalisations, I think American culture pushes folk to see what they can do rather than eat they can’t, and while we’ve been beaten into accepting what the limitations on Scottish football and on Hibs are, these guys have a different starting point because of the different experiences they have.
It’s a massive “if”, but if they genuinely want to make Hibs successful then they have the means and the experience to do it, we need to rethink our parameters of what’s possible and what’s not.
Are all the Ryan Group's investments completely intertwined with the Black Knights? Listening to that podcast and explaining their model and that a new team is on board soon, is there no way that could be independent of Bill Foley and perhaps not Hibs?
I'm not wild about the idea as much like everyone else I'd love it if we got to whatever success in Scotland is - a good third or pushing second, cup wins and at least 18k at ER every week - by ourselves. Would also rather we didn't have the reference to 'consumers' and what they need from their product, especially when it was fairly closely linked to how they would approach building Bournemouth a new stadium and were having to justify current ticket price rises.
BUT.... they do seem genuine. If football's changing and we do need a boost to keep up with Aberdeen/Hearts, let alone surpass them or bridge the gap to Rangers/Celtic, the guy on the podcast puts across a decent impression that it's considered, it could succeed and wouldn't revolutionise the club into something unrecognisable and a horrible end result.
No they are not, they have other investments but their investments in Bournemouth and FC Lorient are because they own a minority share in Black Knight and he is specifically talking about Black Knight adding a 3rd club to the portfolio.
matty_f
12-12-2023, 10:23 AM
Whose AGM?
The SFA's was in June. Ours is yet to happen.
I’ve heard the AGM get referenced a few times as well and thought the same.
Iain G
12-12-2023, 10:27 AM
Hearts literally run on gifts and extra payments.
You mean pish and excrement? 😁
jeffers
12-12-2023, 10:28 AM
On that - I think you’re right to a point but also these guys live and breathe sponsorship etc and will have a good idea of what they can charge.
Ron did the same at hibs and got scoffed at initially but I think our commercial income has more than doubled since he took over (haven’t fact checked that so I’m happy to stand corrected if that’s wrong).
I know I’m getting carried away with it, I can’t help myself - like a big bairn - but without wanting to slip into lazy generalisations, I think American culture pushes folk to see what they can do rather than eat they can’t, and while we’ve been beaten into accepting what the limitations on Scottish football and on Hibs are, these guys have a different starting point because of the different experiences they have.
It’s a massive “if”, but if they genuinely want to make Hibs successful then they have the means and the experience to do it, we need to rethink our parameters of what’s possible and what’s not.
:agree:
The bit about Ron and our increase in commercial income is spot on, albeit we’d taken our eye off that particular ball before he came in.
OK I’m biased but if you are going to get involved in a Scottish club then we are the most attractive, practical proposition. I don’t believe the Black Knight group would be looking to invest in us without doing due diligence and a genuine belief there is a big opportunity to take us to another level.
Iain G
12-12-2023, 10:29 AM
Nah, I won’t be supporting the golden knights. [emoji2961]
The rest I’ll wish well.
Sent from my iPhone using Tapatalk
I am sticking with 'Nix, he can bugger off back to Auckland 😁
Real Emerald
12-12-2023, 10:57 AM
If this all goes through quickly, is there any chance of us seeing players from this link up in January or would we have to wait until the summer? There are obvious advantages to finishing 3rd this year especially when we’re looking to tempt better quality players.
:agree: and as per previous history it looks likes they just piss it up a wall
i'm sure the extra investment we receive will be put to good use
Yeah it'll not be long before we won't know whether we're walking down Easter Road or the Las Vegas Strip. 😀
CapitalGreen
12-12-2023, 11:14 AM
If this all goes through quickly, is there any chance of us seeing players from this link up in January or would we have to wait until the summer? There are obvious advantages to finishing 3rd this year especially when we’re looking to tempt better quality players.
Foley’s investment in Lorient was completed on 12/01/23 and they went on to spend close to 25m Euros in the final weeks of the January transfer window.
If this is close to being done as suggested. I’m sure work is already being done on the recruitment side of things to ensure we are ready to make moves in January.
Real Emerald
12-12-2023, 11:16 AM
Foley’s investment in Lorient was completed on 12/01/23 and they went on to spend close to 25m Euros in the final weeks of the January transfer window.
That’s very promising then. 🤞👍
WhileTheChief..
12-12-2023, 11:17 AM
If this all goes through quickly, is there any chance of us seeing players from this link up in January or would we have to wait until the summer? There are obvious advantages to finishing 3rd this year especially when we’re looking to tempt better quality players.
I'm hoping so.
Got to think that the deal is all but done, and I'd imagine they will want to hit the ground running.
They'll have been discussing things for ages and will have a good idea of what they want to do, why would they wait around? As you say, the rewards for finishing 3rd are decent, and it doesn't look like any other clubs are ready to make it theirs this year.
A few decent signings could make all the difference to us finishing 3rd. If we manage it, it gives us a great platform to kick on in the summer and would show Foley's guys they're making a sound investment.
I'm buzzing for this to happen, it could really be what a lot of us have dreamt about for years.
Hibernian Verse
12-12-2023, 11:23 AM
You can sustain losses to a limit if covered by a cash injection by the owner as well, and I would also expect a big upturn in the amount of sponsorship income Hibs report as well.
Regardless, I'll take rising from the ashes in League 2 in 2034 if I have the ride of my life between now and then.
(ok slightly tongue in cheek)
I guess we will have the all goss tonight?
flash
12-12-2023, 11:26 AM
I have always said I want no part of any multi club arrangement and would have great difficulty getting behind the concept.
Turns out I was lying to myself.
Real Emerald
12-12-2023, 11:27 AM
I'm hoping so.
Got to think that the deal is all but done, and I'd imagine they will want to hit the ground running.
They'll have been discussing things for ages and will have a good idea of what they want to do, why would they wait around? As you say, the rewards for finishing 3rd are decent, and it doesn't look like any other clubs are ready to make it theirs this year.
A few decent signings could make all the difference to us finishing 3rd. If we manage it, it gives us a great platform to kick on in the summer and would show Foley's guys they're making a sound investment.
I'm buzzing for this to happen, it could really be what a lot of us have dreamt about for years.
Yes, I’m really starting to get excited about this, makes a difference to have something to look forward to where Hibs are concerned. Fingers crossed🤞🤞🤞
matty_f
12-12-2023, 11:31 AM
Foley’s investment in Lorient was completed on 12/01/23 and they went on to spend close to 25m Euros in the final weeks of the January transfer window.
If this is close to being done as suggested. I’m sure work is already being done on the recruitment side of things to ensure we are ready to make moves in January.
Where did you get that info?
matty_f
12-12-2023, 11:33 AM
I have always said I want no part of any multi club arrangement and would have great difficulty getting behind the concept.
Turns out I was lying to myself.
:faf:
I decided when I was reaching my mid-40s that I just wanted to see a good Hibs team and I could stomach pretty much any way that was achieved, to a point.
This set up seems very palatable in comparison with what we could have landed with.
CapitalGreen
12-12-2023, 11:40 AM
Where did you get that info?
2747827479
Scored out signings made before Foley’s acquisition.
SickBoy32
12-12-2023, 11:41 AM
Where did you get that info?
That’s pretty interesting info. As after having been acquired in Jan 23, Lorient are now well on their way to being relegated, for the first time since 2017 (when they achieved a 0.95 PPG)
This season they have so far gained only 0.8 points per game after 12 games.
Can understand the excitement to an extent, but this needs tempered IMO.
46 pages later I am still unsure as to the appeal / motive for an American billionaire (79 this week incidentally) to be buying our club.
Real Emerald
12-12-2023, 11:46 AM
That’s pretty interesting info. As after having been acquired in Jan 23, Lorient are now well on their way to being relegated, for the first time since 2017 (when they achieved a 0.95 PPG)
This season they have so far gained only 0.8 points per game after 12 games.
Can understand the excitement to an extent, but this needs tempered IMO.
46 pages later I am still unsure as to the appeal / motive for an American billionaire (79 this week incidentally) to be buying our club.
You’ll be telling us Santa isn’t real next. 😂
Springbank
12-12-2023, 11:46 AM
That’s pretty interesting info. As after having been acquired in Jan 23, Lorient are now well on their way to being relegated, for the first time since 2017 (when they achieved a 0.95 PPG)
This season they have so far gained only 0.8 points per game after 12 games.
Can understand the excitement to an extent, but this needs tempered IMO.
46 pages later I am still unsure as to the appeal / motive for an American billionaire (79 this week incidentally) to be buying our club.
The impact is already being felt over in EH11 and it's a mighty fine read
Their AGM thread is now coming to the "penny drop", where someone has asked "why hasn't Hearts board been trying to get a billionaire investor, like Hibs" and the realists over the road are saying "if Hibs spend more, they'll win more" simple.
It's our time...
CapitalGreen
12-12-2023, 11:49 AM
That’s pretty interesting info. As after having been acquired in Jan 23, Lorient are now well on their way to being relegated, for the first time since 2017 (when they achieved a 0.95 PPG)
This season they have so far gained only 0.8 points per game after 12 games.
Can understand the excitement to an extent, but this needs tempered IMO.
46 pages later I am still unsure as to the appeal / motive for an American billionaire (79 this week incidentally) to be buying our club.
They are currently 16th, their average league position in French football over the last decade is 18th. The French top flight was reduced from 20 to 18 teams last season which means 16th position is now a relegation play off spot.
Alex Trager
12-12-2023, 11:53 AM
If this all goes through quickly, is there any chance of us seeing players from this link up in January or would we have to wait until the summer? There are obvious advantages to finishing 3rd this year especially when we’re looking to tempt better quality players.
You’d expect it will all be ready to go whilst they wait on the t’s being crossed etc.
I am guessing, but I imagine if it gets the go ahead before the close of the window we will see changes in recruitment strategy.
SickBoy32
12-12-2023, 11:55 AM
They are currently 16th, their average league position in French football over the last decade is 18th. The French top flight was reduced from 20 to 18 teams last season which means 16th position is now a relegation play off spot.
Yeah agreed that they’re very much aligned to their recent historical average - which is why I was suggesting that some expectations may need to be reigned in a touch.
Possibly worth noting also that this season marks a 33% drop in their average PPG in the top flight since 2014.
So similar to our pink chums in Gorgie, ‘investment’ doesn’t appear to be a straight forward route to improved footballing success for the existing member of this group.
leith lynx
12-12-2023, 11:58 AM
Regardless, I'll take rising from the ashes in League 2 in 2034 if I have the ride of my life between now and then.
(ok slightly tongue in cheek)
I guess we will have the all goss tonight?
What more can a man ask for billions£££ and the ride of your life! Win Win Win!
Yeah agreed that they’re very much aligned to their recent historical average - which is why I was suggesting that some expectations may need to be reigned in a touch.
Possibly worth noting also that this season marks a 33% drop in their average PPG in the top flight since 2014.
So similar to our pink chums in Gorgie, ‘investment’ doesn’t appear to be a straight forward route to improved footballing success for the existing member of this group.
You can have the money in the world but if you don’t use it correctly (like or gorgie chums have done forever) then you’ll not get very far.
I’m confident that we have then team in place to ensure we identify the right players etc that will take us in the right direction. I’m not expecting us to go and win the league right away ([emoji12]) but have us at the right end of the league and bringing in quality players.
Surely you must be excited at the prospect of this?
Ozyhibby
12-12-2023, 12:18 PM
Yeah agreed that they’re very much aligned to their recent historical average - which is why I was suggesting that some expectations may need to be reigned in a touch.
Possibly worth noting also that this season marks a 33% drop in their average PPG in the top flight since 2014.
So similar to our pink chums in Gorgie, ‘investment’ doesn’t appear to be a straight forward route to improved footballing success for the existing member of this group.
Obviously they have not had a good year but it is only a year in. Have they increased their spending on the squad in that time?
Sent from my iPhone using Tapatalk
SickBoy32
12-12-2023, 12:21 PM
You can have the money in the world but if you don’t use it correctly (like or gorgie chums have done forever) then you’ll not get very far.
I’m confident that we have then team in place to ensure we identify the right players etc that will take us in the right direction. I’m not expecting us to go and win the league right away ([emoji12]) but have us at the right end of the league and bringing in quality players.
Surely you must be excited at the prospect of this?
Yeah absolutely agree that money being spent wisely is the crux of the matter - look at the players we signed and what we achieved under Stubbs versus some more recent managers with bigger budgets.
Appreciate I’m in the minority but nah I’m not excited currently - the prospect as you put it is very vague currently. Similar to RG’s pitch when he first rocked up IIRC.
People don’t become mega rich by throwing money down the drain - and as mentioned previously I just don’t understand their motivation to invest in us.
My post earlier was just pointing out that although Lorient have recently been brought into this group, I’m willing to bet that their fan base is now a lot more split on the matter than it may have been pre Jan 23.
SickBoy32
12-12-2023, 12:24 PM
Obviously they have not had a good year but it is only a year in. Have they increased their spending on the squad in that time?
Sent from my iPhone using Tapatalk
Aye it is only a year in and it does appear that their spending has increased.
Probably a good thing that this consortium have deep pockets, as they’ll need them to supplement the increased wages if they do indeed go down (bookies have them odds on for the drop)
Saint Hibee
12-12-2023, 12:25 PM
Am I the only person who got halfway through the thread thinking Lorient was an abbreviation of Leyton Orient?
Yeah absolutely agree that money being spent wisely is the crux of the matter - look at the players we signed and what we achieved under Stubbs versus some more recent managers with bigger budgets.
Appreciate I’m in the minority but nah I’m not excited currently - the prospect as you put it is very vague currently. Similar to RG’s pitch when he first rocked up IIRC.
People don’t become mega rich by throwing money down the drain - and as mentioned previously I just don’t understand their motivation to invest in us.
My post earlier was just pointing out that although Lorient have recently been brought into this group, I’m willing to bet that their fan base is now a lot more split on the matter than it may have been pre Jan 23.
We signed SJM and a player of his quality comes along very rarely in our price range. To become better and more consistent we need better quality. Players like Vente etc
Stubbs is a long time ago and we got lucky with the players we had and we need to move on. with the correct investment we can do that. You could say the same for Mowbray but we didn’t kick on.
As it stands and this is by no means a slate on the current group of players, we need better quality in certain areas to become better as a team.
So in a nutshell we need investment to stride forward not plod along like we’ve done for years.
Folk moan about us not being good enough and now we have the opportunity.
If you look into the group of investors you will see their motivation and they don’t want to be seen as failures.
Just Alf
12-12-2023, 01:11 PM
If this all goes through quickly, is there any chance of us seeing players from this link up in January or would we have to wait until the summer? There are obvious advantages to finishing 3rd this year especially when we’re looking to tempt better quality players.I'm gonna be sooooo gutted if this doesn't go through... I'm not sure what I'd be like if it turns out to be Dundee Utd etc!
jeffers
12-12-2023, 01:14 PM
I'm gonna be sooooo gutted if this doesn't go through... I'm not sure what I'd be like if it turns out to be Dundee Utd etc!
Gonnae no dae that.
bingo70
12-12-2023, 01:15 PM
That’s pretty interesting info. As after having been acquired in Jan 23, Lorient are now well on their way to being relegated, for the first time since 2017 (when they achieved a 0.95 PPG)
This season they have so far gained only 0.8 points per game after 12 games.
Can understand the excitement to an extent, but this needs tempered IMO.
46 pages later I am still unsure as to the appeal / motive for an American billionaire (79 this week incidentally) to be buying our club.
I think the motivation for people like Foley is leaving as big a legacy as he can. He’s not interested in making small amounts of money out of us, he wants the challenge of creating and running a successful multi club organisation.
Buying a club and buying success with them is so 1990’s, the modern billionaire wants more than that and multi club structures is the way it’s going. I think they’re sort of success addicts and want as much of it as they can get. If they buy one club, that’s relatively small fry for the mega rich now.
Bridge hibs
12-12-2023, 01:24 PM
I'm gonna be sooooo gutted if this doesn't go through... I'm not sure what I'd be like if it turns out to be Dundee Utd etc!
Good point, has anyone actually said its hibs apart from media and posters on here ?
I have the fear 🤣
Smartie
12-12-2023, 01:33 PM
You can have the money in the world but if you don’t use it correctly (like or gorgie chums have done forever) then you’ll not get very far.
I’m confident that we have then team in place to ensure we identify the right players etc that will take us in the right direction. I’m not expecting us to go and win the league right away ([emoji12]) but have us at the right end of the league and bringing in quality players.
Surely you must be excited at the prospect of this?
I think we’re all excited by the potential but the excitement needs to be tempered to an extent.
As you correctly pointed out, that money needs to be spent wisely. There’s been an awful lot of money frittered away at various clubs in Scotland for varying return. Spending money is no guarantee of success.
We’ll also be trying to achieve something that nobody so far has managed to achieve - to pull away into 3rd place. Aberdeen didn’t do it when ourselves and Hearts were fannying about in the Championship, Hearts haven’t done it in spite of spending substantially more than everyone else for the past few years.
It’s also worth remembering that football is littered with train wrecks of rich people squandering substantial amounts of money on disastrous reigns at football clubs, many more examples of that than the relative glory that is occasionally achieved.
King Cosell
12-12-2023, 01:39 PM
If all goes to plan on Thursday, imagine the buzz on here (and the fuming on Kickback) in the Jan transfer window. Well dominate the sports pages.
GloryGlory
12-12-2023, 01:49 PM
Good point, has anyone actually said its hibs apart from media and posters on here ?
I have the fear 🤣
I know it's the DR but this says Hibs have already made representations to the SFA and they will be discussed at Thursday's meeting
https://www.dailyrecord.co.uk/sport/football/bill-foleys-hibs-investment-needs-31651381
Viva_Palmeiras
12-12-2023, 01:51 PM
I think we’re all excited by the potential but the excitement needs to be tempered to an extent.
As you correctly pointed out, that money needs to be spent wisely. There’s been an awful lot of money frittered away at various clubs in Scotland for varying return. Spending money is no guarantee of success.
We’ll also be trying to achieve something that nobody so far has managed to achieve - to pull away into 3rd place. Aberdeen didn’t do it when ourselves and Hearts were fannying about in the Championship, Hearts haven’t done it in spite of spending substantially more than everyone else for the past few years.
It’s also worth remembering that football is littered with train wrecks of rich people squandering substantial amounts of money on disastrous reigns at football clubs, many more examples of that than the relative glory that is occasionally achieved.
Yes spending money can be easy as you say, wisely is the toughie.
When Foley talked about investing in Scotland he mentioned a number of clubs.
So will we see some pique of interest in the non-fashionable Scottish clubs - Will Benny up the ante and do a David Murray style response to a rivals spending…?
im not sure money alone gives competitive advantage. I’m interested to see how sustainable an approach can be taken. But for sure, getting the commercial side right was absolutely the right thing to do. Imagine how further we could have gone with hr right commercials in place it’s out Hibstoric Holy Grail escapade?
DarlingtonHibee
12-12-2023, 02:00 PM
Good point, has anyone actually said its hibs apart from media and posters on here ?
I have the fear 🤣
I'm feeling the same.
Has anything official been released from the club?
I think we’re all excited by the potential but the excitement needs to be tempered to an extent.
As you correctly pointed out, that money needs to be spent wisely. There’s been an awful lot of money frittered away at various clubs in Scotland for varying return. Spending money is no guarantee of success.
We’ll also be trying to achieve something that nobody so far has managed to achieve - to pull away into 3rd place. Aberdeen didn’t do it when ourselves and Hearts were fannying about in the Championship, Hearts haven’t done it in spite of spending substantially more than everyone else for the past few years.
It’s also worth remembering that football is littered with train wrecks of rich people squandering substantial amounts of money on disastrous reigns at football clubs, many more examples of that than the relative glory that is occasionally achieved.
It does and yes it definitely needs to be done correctly and wisely.
All clubs have been guilty of it trying to outdo others however I’m hoping we can get this right and kick on.
Nothing is certain and football is fickle but we can all live and dream.
Just think of the potential of getting all of Bournemouths really push players and making us worse (dreams of a Jambo)
SteveHFC
12-12-2023, 02:03 PM
https://find-and-update.company-information.service.gov.uk/company/SC005323/filing-history
Some interesting updates.
Brightside
12-12-2023, 02:07 PM
https://find-and-update.company-information.service.gov.uk/company/SC005323/filing-history
Some interesting updates.
Is it not just the accounts?
TrinityHFC
12-12-2023, 02:12 PM
https://find-and-update.company-information.service.gov.uk/company/SC005323/filing-history
Some interesting updates.
It's the replacement confirmation statements that they told us were being filed due to previous errors.
Lee Marvin
12-12-2023, 02:12 PM
Is it not just the accounts?
Seems too early for the accounts as historically they have been made available March/April.
Could well be something in this
Edit. Unless post above is corrct
Chorley Hibee
12-12-2023, 02:12 PM
https://find-and-update.company-information.service.gov.uk/company/SC005323/filing-history
Some interesting updates.
Doesn't this suggest that there has been errors on the confirmation statements for those years mentioned and that these second filings are merely corrections?
Does any of that tie up with potential new investment?
TrinityHFC
12-12-2023, 02:15 PM
Doesn't this suggest that there has been errors on the confirmation statements for those years mentioned, and that these second filings are merely corrections?
Does any of that tie up with potential new investment?
Correct and no but wouldn't be a huge surprise if the issues were found when doing the work on the register.
They aren't viewable yet to see if the errors can be figured out!
Garymcl
12-12-2023, 02:22 PM
Thursday is big day then for us and for the wee team fi Gorgie it’s there AGM I really wish I could get entry to this let the carnage begin :agree:
GloryGlory
12-12-2023, 02:31 PM
I'm feeling the same.
Has anything official been released from the club?
We are not listed so there won't be a running commentary on these negotiations. Once all the due diligence has been done and the share transactions finalised there will be filings at Companies House. Hibs and/or the BK Group could also make a media statement. Depending on the type of share transaction it could have to be approved at an EGM.
GloryGlory
12-12-2023, 02:32 PM
Doesn't this suggest that there has been errors on the confirmation statements for those years mentioned and that these second filings are merely corrections?
Does any of that tie up with potential new investment?
Could have arisen as a result of due diligence checks.
Greencore
12-12-2023, 02:35 PM
What times our agm ?
DarlingtonHibee
12-12-2023, 02:42 PM
We are not listed so there won't be a running commentary on these negotiations. Once all the due diligence has been done and the share transactions finalised there will be filings at Companies House. Hibs and/or the BK Group could also make a media statement. Depending on the type of share transaction it could have to be approved at an EGM.
GG cheers
A Hi-Bee
12-12-2023, 02:52 PM
Bring on the Yankee Dollars by the barrow load, even if for some crazy reason this never happened we would be no worse off, and the seethe on brokenback is well worth it.
:greengrin
HoboHarry
12-12-2023, 02:56 PM
Bring on the Yankee Dollars by the barrow load, even if for some crazy reason this never happened we would be no worse off, and the seethe on brokenback is well worth it.
:greengrin
Not like we are going to hits the Skids if it all falls through....
A Hi-Bee
12-12-2023, 02:58 PM
Not like we are going to hits the Skids if it all falls through....
No, and the black knight will become daylight once more.
We do get to keep the deep purple 2nd top.
:thumbsup:
Hibs90
12-12-2023, 03:00 PM
I think people are getting a bit too excited here.
Let's just see what happens.
WhileTheChief..
12-12-2023, 03:02 PM
^^Nah, it's good to have something to be excited about and the angst it's causing Hearts and Rangers fans is lovely :greengrin
Alex Trager
12-12-2023, 03:06 PM
^^Nah, it's good to have something to be excited about and the angst it's causing Hearts and Rangers fans is lovely :greengrin
Where you seeing this anguish?
WhileTheChief..
12-12-2023, 03:06 PM
Their forums.
Alex Trager
12-12-2023, 03:07 PM
Their forums.
Fair enough. Can’t see much myself.
A Hi-Bee
12-12-2023, 03:10 PM
I think people are getting a bit too excited here.
Let's just see what happens.
Yahoo, were in the money, were in the money.
:partyhibb:partyhibb:partyhibb
green day
12-12-2023, 03:12 PM
What times our agm ?
I initially read that as "what times our orgasm?"
:greengrin
Hibbyradge
12-12-2023, 03:26 PM
If this happens and significant money is made available for player recruitment we'll probably end up with regular 3rd place finishes,
Can you imagine the cost of having to travel all over Europe to get to the games?
Christmas is expensive enough without having to shell out for flights to places like Germany, Italy, Portugal, Spain and the likes. On top of that, there'll be the cost of hotels, food and lots of alcohol, not to mention the cost of tickets to the Camp Nou, the San Siro, the Bernabeu or the Allianz Arena.
Were not all billionaires you know, Mr Foley.
It's a NO from me.
mutley
12-12-2023, 03:31 PM
If this happens and significant money is made available for player recruitment we'll probably end up with regular 3rd place finishes,
Can you imagine the cost of having to travel all over Europe to get to the games?
Christmas is expensive enough without having to shell out for flights to places like Germany, Italy, Portugal, Spain and the likes. On top of that, there'll be the cost of hotels, food and lots of alcohol, not to mention the cost of tickets to the Camp Nou, the San Siro, the Bernabeu or the Allianz Arena.
Were not all billionaires you know, Mr Foley.
It's a NO from me.
We will be that rich that surely this will all be complimentary ( well, for STH at least?):flag::flag::flag:
No, and the black knight will become daylight once more.
We do get to keep the deep purple 2nd top.
:thumbsup:
https://i.ibb.co/4JPDB68/Monty-Python-And-The-Holy-Grail-q-BBj-R6ru-subtitled.jpg (https://ibb.co/g6zXs5S)
DarlingtonHibee
12-12-2023, 03:37 PM
If this happens and significant money is made available for player recruitment we'll probably end up with regular 3rd place finishes,
Can you imagine the cost of having to travel all over Europe to get to the games?
Christmas is expensive enough without having to shell out for flights to places like Germany, Italy, Portugal, Spain and the likes. On top of that, there'll be the cost of hotels, food and lots of alcohol, not to mention the cost of tickets to the Camp Nou, the San Siro, the Bernabeu or the Allianz Arena.
Were not all billionaires you know, Mr Foley.
It's a NO from me.
You've got millions !!
Hibbyradge
12-12-2023, 03:42 PM
You've got millions !!
Really? Where did I put them? :confused:
babahibs
12-12-2023, 04:05 PM
Not like we are going to hits the Skids if it all falls through....
Hopefully there'll be lots of days in Europa to look forward to
flash
12-12-2023, 04:14 PM
Hopefully there'll be lots of days in Europa to look forward to
As long as it doesn't turn into a charade.
gbhibby
12-12-2023, 04:21 PM
Not like we are going to hits the Skids if it all falls through....
We will not be going into the valley ever again.
HoboHarry
12-12-2023, 04:26 PM
We will not be going into the valley ever again.
Indeed, the future looks like it might be a Walk on the Wild Side....
scm70nyd1973
12-12-2023, 04:33 PM
Not like we are going to hits the Skids if it all falls through....
What a tune that was
scm70nyd1973
12-12-2023, 04:33 PM
We will not be going into the valley ever again.
An even better tune
Not So Young
12-12-2023, 04:36 PM
Why? We don't currently have players good enough to play in the Premier League.
If we suddenly start producing players who can play at that level, we'll be bringing in more in transfer fees than currently and have a better team whilst that quality of player is at us.
My concern is we are not producing them they are mearly passing through.
If we are allowed to charge realistic transfer fees then thats good. However the group may insist we have to sell on at reduced fees so any profit sits with the team at the top of the pyramid
scm70nyd1973
12-12-2023, 04:37 PM
Hope this doesn’t turn out to be a circus with lots of games getting played - I hate Circus Games
Not So Young
12-12-2023, 04:37 PM
Not me
This is what happens to the ugly sisters every season
Buy cheap
Sell high to epl.
Atleast he's honest about it
Why would a player epl quality stay at hibs?
If we are allowed to charge realistic transfer fees then thats good. However the group may insist we have to sell on at reduced fees so any profit sits with the team at the top of the pyramid
bingo70
12-12-2023, 04:43 PM
If we are allowed to charge realistic transfer fees then thats good. However the group may insist we have to sell on at reduced fees so any profit sits with the team at the top of the pyramid
What if we only got the players in the first place because we were part of the pyramid and we had a good chance of replacing them because we were part of the pyramid.
Getting a bit below transfer market for the odd player seems a reasonable trade off for me.
04Sauzee
12-12-2023, 04:43 PM
More for Hibs to worry about than Hearts according to Hearts fans
https://www.hmfckickback.co.uk/index.php?/topic/202713-foley-deal-with-hibs-edging-closer/
Real Emerald
12-12-2023, 04:45 PM
If we are allowed to charge realistic transfer fees then thats good. However the group may insist we have to sell on at reduced fees so any profit sits with the team at the top of the pyramid
But it would still mean a constant flow of players who would otherwise be out of our reach.
Bostonhibby
12-12-2023, 04:55 PM
More for Hibs to worry about than Hearts according to Hearts fans
https://www.hmfckickback.co.uk/index.php?/topic/202713-foley-deal-with-hibs-edging-closer/
To be fair, there is a wee bit of balance in there but they've certainly got form for predicting all the big calls the right way.
Remember them beating St Mirren to avoid relegation then when they lost, all their legal eagles and financial experts predicting a humongous victory over the SPFL followed by millions and millions in compensation?
Or how about the "self sufficient" days just before going into administration?
Sent from my SM-A750FN using Tapatalk
Lancs Harp
12-12-2023, 05:00 PM
They've certainly got form for predicting all the big calls the right way.
Remember them beating St Mirren to avoid relegation then when they lost, all their legal eagles and financial experts predicting a humongous victory over the SPFL followed by millions and millions in compensation?
Or how about the "self sufficient" days just before going into administration?
Sent from my SM-A750FN using Tapatalk
I click on kickback and the heat from the seeth actually warms my entire house through winter.
Bostonhibby
12-12-2023, 05:01 PM
I click on kickback and the heat from the seeth actually warms my entire house through winter.[emoji16]
Sent from my SM-A750FN using Tapatalk
To be fair, there is a wee bit of balance in there but they've certainly got form for predicting all the big calls the right way.
Remember them beating St Mirren to avoid relegation then when they lost, all their legal eagles and financial experts predicting a humongous victory over the SPFL followed by millions and millions in compensation?
Or how about the "self sufficient" days just before going into administration?
Sent from my SM-A750FN using Tapatalk
[emoji1787]
I have heard that a number of them have contacted their CEO McKinlay and asked him to use his role in the SFA to block this as it wouldn’t be fair on other teams.
I am still laughing at this.
They are really struggling
truehibernian
12-12-2023, 05:12 PM
More for Hibs to worry about than Hearts according to Hearts fans
https://www.hmfckickback.co.uk/index.php?/topic/202713-foley-deal-with-hibs-edging-closer/
“Sounds like Hibs are in the ****” 😂 aye, a club that’s a solid going concern that a billionaire wants to invest in - it’s what billionaires do right enough 😂
Hibs last four sales have been £3million (Doig), £3million (Boyle),£2million (Nisbet) and £1.2million (Melkerson) whilst they got low 6 figures for Hickey and Souttar - all propped up by a benefactor and owner who are more interested in a hotel 😂 we paid £700K for Vente - yep, the Yameconomists are on the ball as usual 😂👍
Above them in the league, won a major cup more recently, bigger stadium, a training facility we own and don’t rent, and an academy bearing fruit. Aye, nae bother, we are totally in the **** 👍 stick tae yer chips, kebab pies and yer hotel with views to the Home Ec classrooms ya nuggets 👍
Ron's vision for the club was to be best of the rest, basically regular 3rd at least, since his passing the family have obviously realised more money is needed, hence the outside investment.
Bridge hibs
12-12-2023, 05:15 PM
Foley buys a toaly !! 🤣 ****ing bitter eh !!
I suppose it could be worse
Sludgy Budgie builds a cludgie
CropleyWasGod
12-12-2023, 05:17 PM
What times our agm ?
January :greengrin
Rumble de Thump
12-12-2023, 05:17 PM
The Hearts fanbase is basically a self help group. They're just doing what they always do. Helping to delude each other. They're really struggling to cope with the reality of the situation.
SteveHFC
12-12-2023, 05:22 PM
Sounds like Hibs are in the **** to me.Why on earth would you want to become one of these pyramid clubs where you get players forced on you, your style of play is dictated. Its basically agreeing to becoming a club for trialists to go through the motions.
Fine if your at the top of the pyramid, but absolutely horrendous below it. Unless you need the money because your 8n the **** of course
Apparently we're in the ****. :faf:
truehibernian
12-12-2023, 05:22 PM
January :greengrin
Wonder if Foley will be there - he was at ER for a game recently 😊 don’t think the Beeb or anyone else managed to get the photo opportunity.
“Sounds like Hibs are in the ****” [emoji23] aye, a club that’s a solid going concern that a billionaire wants to invest in - it’s what billionaires do right enough [emoji23]
Hibs last four sales have been £3million (Doig), £3million (Boyle),£2million (Nisbet) and £1.2million (Melkerson) whilst they got low 6 figures for Hickey and Souttar - all propped up by a benefactor and owner who are more interested in a hotel [emoji23] we paid £700K for Vente - yep, the Yameconomists are on the ball as usual [emoji23][emoji106]
Above them in the league, won a major cup more recently, bigger stadium, a training facility we own and don’t rent, and an academy bearing fruit. Aye, nae bother, we are totally in the **** [emoji106] stick tae yer chips, kebab pies and yer hotel with views to the Home Ec classrooms ya nuggets [emoji106]
You forget the 100k set sell on fee Budge managed to secure for any future sale of Hickey, who IIRC went to Brentford for £20 million [emoji1787][emoji1787]
Outstanding business [emoji1303]
If they care to look Foley is worth about a billion however the Ryan group is worth about 11 billion. FFP they say will screw us along with really ***** players from France and EPL.
Let’s wait and see.
You can almost hear the bitterness and seethe.
matty_f
12-12-2023, 05:25 PM
More for Hibs to worry about than Hearts according to Hearts fans
https://www.hmfckickback.co.uk/index.php?/topic/202713-foley-deal-with-hibs-edging-closer/
I haven’t visited that site for years, good to see that they’re still total ****ing idiots.
The boy that’s interpreted this as Hibs being in trouble :faf:
Guaranteed he’s someone that pushes a pull door.
truehibernian
12-12-2023, 05:25 PM
You forget the 100k set sell on fee Budge managed to secure for any future sale of Hickey, who IIRC went to Brentford for £20 million [emoji1787][emoji1787]
Outstanding business [emoji1303]
If they care to look Foley is worth about a billion however the Ryan group is worth about 11 billion. FFP they say will screw us along with really ***** players from France and EPL.
Let’s wait and see.
You can almost hear the bitterness and seethe.
Never ever underestimate the sheer selling power and income kebab pies generate Aldo 👍
Never ever underestimate the sheer selling power and income kebab pies generate Aldo [emoji106]
Sorry I’m bad o and chips too
truehibernian
12-12-2023, 05:29 PM
Sorry I’m bad o and chips too
And the boutique hotel rooms with framed photos of Stevie Fulton and Hans Eskillson to get you to sleep at night 👍
truehibernian
12-12-2023, 05:35 PM
I haven’t visited that site for years, good to see that they’re still total ****ing idiots.
The boy that’s interpreted this as Hibs being in trouble :faf:
Guaranteed he’s someone that pushes a pull door.
Matty, they’re a fan base that clammer for a 40 year old to return to the sticks and a centre half with two coconut shells for knee caps at centre half - and we’re the club in the **** 😂
Not In The Know
12-12-2023, 05:53 PM
Wonder if Foley will be there - he was at ER for a game recently 😊 don’t think the Beeb or anyone else managed to get the photo opportunity.
What game was that?
truehibernian
12-12-2023, 05:59 PM
What game was that?
It was either Killie or Ross County mate, two of the stand managers told me at the Aberdeen game. I didn’t ask which one, they just said he was at ER for a recent game.
Ozyhibby
12-12-2023, 05:59 PM
More for Hibs to worry about than Hearts according to Hearts fans
https://www.hmfckickback.co.uk/index.php?/topic/202713-foley-deal-with-hibs-edging-closer/
They seem obsessed with FFP rules all of a sudden? And yet none appear to have read them. FFP rules allow us to overspend by €20m a season and still be good.
There are lots of things could go wrong but us being on the wrong side of FFP is not one of them.
Sent from my iPhone using Tapatalk
jeffers
12-12-2023, 06:01 PM
I haven’t visited that site for years, good to see that they’re still total ****ing idiots.
The boy that’s interpreted this as Hibs being in trouble :faf:
Guaranteed he’s someone that pushes a pull door.
27488
Since90+2
12-12-2023, 06:07 PM
They seem obsessed with FFP rules all of a sudden? And yet none appear to have read them. FFP rules allow us to overspend by €20m a season and still be good.
There are lots of things could go wrong but us being on the wrong side of FFP is not one of them.
Sent from my iPhone using Tapatalk
Is that right about £20 million overspend? In that case show us the money Mr Foley.
Hibernian Verse
12-12-2023, 06:08 PM
Is that right about £20 million overspend? In that case show us the money Mr Foley.
It’s €60m above your overall turnover over three seasons,
truehibernian
12-12-2023, 06:09 PM
They seem obsessed with FFP rules all of a sudden? And yet none appear to have read them. FFP rules allow us to overspend by €20m a season and still be good.
There are lots of things could go wrong but us being on the wrong side of FFP is not one of them.
Sent from my iPhone using Tapatalk
Shame that they weren’t as obsessed with their previous owner who was arrested on warrant for embezzlement, laundering money and looting pension funds 👍 still, the beat Gretna in the “battle of the fraudsters” 😊 establishment club that excels in bake sales and face painting 👍
Mikey_1875
12-12-2023, 06:09 PM
I think people are getting a bit too excited here.
Let's just see what happens.
We seem to be in the minority but I agree. I am cautiously optimistic of course, just as I was when the first rumours started appearing. He isn’t going to be involved with the view of making a negative impact but predictions have went into overdrive this week. I’m looking forward to hearing more details on his plans when the deal is officially confirmed.
King Cosell
12-12-2023, 06:12 PM
I was 14yo at the start of 1983/84 season, Hearts were newly promoted, we hadn't played them in 4 years. I was really looking forward to my first derby.
Our record in derbies from 1983/4 - 1994/95: P45 W3 D20 L22
More that trophies or success in Europe, I want their fans to suffer like we suffered.
matty_f
12-12-2023, 06:18 PM
27488
That’s the one!
Davy Mac
12-12-2023, 06:23 PM
I was 14yo at the start of 1983/84 season, Hearts were newly promoted, we hadn't played them in 4 years. I was really looking forward to my first derby.
Our record in derbies from 1983/4 - 1994/95: P45 W3 D20 L22
More that trophies or success in Europe, I want their fans to suffer like we suffered.
Couldnt have put it better myself.
To be fair, there is a wee bit of balance in there but they've certainly got form for predicting all the big calls the right way.
Remember them beating St Mirren to avoid relegation then when they lost, all their legal eagles and financial experts predicting a humongous victory over the SPFL followed by millions and millions in compensation?
Or how about the "self sufficient" days just before going into administration?
Sent from my SM-A750FN using TapatalkThere is some balance in there but a few of them keep mentioning Romanov which tips it into total imbalance.
In an era when Russian business people were gaining a reputation for money laundering, so much so London was nicknamed 'Londongrad', they thought a Russian business guy was being earnest when he told them they could the Champoins League under him.
What that statement really revealed was they were getting involved with a conman, called out within days by fans of other clubs and proven to be true time and again throughout his tenure, and the swallowed the lot.
I don't now what will happen to Hibs or what the intentions of the investors or what the exact plan is but they are the last bunch to take advice from.
What I feel is that it smells different to their previous owner's deal, as that stank to high heaven from the off.
Sent from my SM-A528B using Tapatalk
Trinity Hibee
12-12-2023, 06:42 PM
I was 14yo at the start of 1983/84 season, Hearts were newly promoted, we hadn't played them in 4 years. I was really looking forward to my first derby.
Our record in derbies from 1983/4 - 1994/95: P45 W3 D20 L22
More that trophies or success in Europe, I want their fans to suffer like we suffered.
**** me. Quite frankly anyone who played during that period should be ashamed
A Hi-Bee
12-12-2023, 06:56 PM
It’s €60m above your overall turnover over three seasons,
Right then, does that mean, as we increase our t/over each season. Say we begin with 15mill just saying like, that season we could raise 20mill euros on top still keeping within fair play rules. Just by staying still you are looking at 35million per year (a wee bit less as some of it is Euros)
I think 35million per season should get us roundabout 3rd in the Scottish League with perhaps a cup thrown in along the way.
No wonder the manky ones from gorgie as crapping in their sisters pants.
I have mentioned this before but it would be a Foley to miss out on this one.
:thumbsup:
gorgie greens
12-12-2023, 07:34 PM
I know it's the DR but this says Hibs have already made representations to the SFA and they will be discussed at Thursday's meeting
https://www.dailyrecord.co.uk/sport/football/bill-foleys-hibs-investment-needs-31651381
heard that last week, the previous meeting went well
Gmack7
12-12-2023, 08:06 PM
“Sounds like Hibs are in the ****” 😂 aye, a club that’s a solid going concern that a billionaire wants to invest in - it’s what billionaires do right enough 😂
Hibs last four sales have been £3million (Doig), £3million (Boyle),£2million (Nisbet) and £1.2million (Melkerson) whilst they got low 6 figures for Hickey and Souttar - all propped up by a benefactor and owner who are more interested in a hotel 😂 we paid £700K for Vente - yep, the Yameconomists are on the ball as usual 😂👍
Above them in the league, won a major cup more recently, bigger stadium, a training facility we own and don’t rent, and an academy bearing fruit. Aye, nae bother, we are totally in the **** 👍 stick tae yer chips, kebab pies and yer hotel with views to the Home Ec classrooms ya nuggets 👍
Won BOTH the major cups more recent than them
Since90+2
12-12-2023, 08:09 PM
Won BOTH the major cups more recent than them
Was going to say the exact same thing.
Won both major trophies more recently than them. That absolutely kills them, and it ain't changing anytime soon.
They've got a hotel in their tinpot ground though.
Steve-O
12-12-2023, 08:24 PM
But it would still mean a constant flow of players who would otherwise be out of our reach.
Correct.
If we can get 2-3 years out of players who are consistently good enough to end up in the EPL, then I fail to see any negative to this.
Ozyhibby
12-12-2023, 08:27 PM
Correct.
If we can get 2-3 years out of players who are consistently good enough to end up in the EPL, then I fail to see any negative to this.
You get one year out of a player heading to the EPL and we are miles ahead of where we are now. We haven’t sold a player to that league for at least ten years I think.
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7Hero
12-12-2023, 08:29 PM
Ron's vision for the club was to be best of the rest, basically regular 3rd at least, since his passing the family have obviously realised more money is needed, hence the outside investment.
it is more likely the family are looking to sell and foley is after a larger stake down the line once the rules allow..
PHeffernan
12-12-2023, 08:54 PM
Won BOTH the major cups more recent than them
but not the League
HoboHarry
12-12-2023, 08:58 PM
but not the League
I'm coming up for 61 and I wasn't even alive for that lol.
PHeffernan
12-12-2023, 09:12 PM
I'm coming up for 61 and I wasn't even alive for that lol.
I was born a month before they won it.
Fortunately it's not happened again.
Kilmarnock, Dundee, Dundee Utd and Aberdeen fans all giving both Edinburgh clubs the finger on this.
Keepthefaith
12-12-2023, 09:19 PM
You get one year out of a player heading to the EPL and we are miles ahead of where we are now. We haven’t sold a player to that league for at least ten years I think.
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You just need to look at the difference mcginn made to us prior to leaving for a then championship club. Only challenge is to have them emotionally invested enough to want to make a difference but I trust Monty to be able to do this, as we've seen with fish's attitude for instance.
Can only see positives from this
Bostonhibby
12-12-2023, 09:33 PM
There is some balance in there but a few of them keep mentioning Romanov which tips it into total imbalance.
In an era when Russian business people were gaining a reputation for money laundering, so much so London was nicknamed 'Londongrad', they thought a Russian business guy was being earnest when he told them they could the Champoins League under him.
What that statement really revealed was they were getting involved with a conman, called out within days by fans of other clubs and proven to be true time and again throughout his tenure, and the swallowed the lot.
I don't now what will happen to Hibs or what the intentions of the investors or what the exact plan is but they are the last bunch to take advice from.
What I feel is that it smells different to their previous owner's deal, as that stank to high heaven from the off.
Sent from my SM-A528B using Tapatalk[emoji106]I'm with you there.
A wee bit experience of how Londongrad evolved and how it still thrives. I can't see Hibs fans generally being anything other than healthily, questioning of any regime that comes our way.
Hardly the same as the believers love in with Romanov and his "simple fans".
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Oscar T Grouch
12-12-2023, 09:34 PM
"Sounds like Hibs are in the **** to me.Why on earth would you want to become one of these pyramid clubs where you get players forced on you, your style of play is dictated. Its basically agreeing to becoming a club for trialists to go through the motions.
Fine if your at the top of the pyramid, but absolutely horrendous below it. Unless you need the money because your 8n the **** of course"
Didn't they have 65 trialists from Kaunas at one point at the top of their Romanov pyramid? I am sure the other corner of the pyramid was a basketball team that got bigger crowds than Kaunas.:jamboclow
Bridge hibs
12-12-2023, 09:41 PM
"Sounds like Hibs are in the **** to me.Why on earth would you want to become one of these pyramid clubs where you get players forced on you, your style of play is dictated. Its basically agreeing to becoming a club for trialists to go through the motions.
Fine if your at the top of the pyramid, but absolutely horrendous below it. Unless you need the money because your 8n the **** of course"
Didn't they have 65 trialists from Kaunas at one point at the top of their Romanov pyramid? I am sure the other corner of the pyramid was a basketball team that got bigger crowds than Kaunas.:jamboclow
And yet one of the flumps over on kackback said when Romanov took them over they were the top team in their pyramid of them and Kaunas but yet they still had half the population of Lithuania playing as trialists with one utter donkey Barassa even playing a few games, an utterly abomination of a player 🤣🤣
"Sounds like Hibs are in the **** to me.Why on earth would you want to become one of these pyramid clubs where you get players forced on you, your style of play is dictated. Its basically agreeing to becoming a club for trialists to go through the motions.
Fine if your at the top of the pyramid, but absolutely horrendous below it. Unless you need the money because your 8n the **** of course"
Didn't they have 65 trialists from Kaunas at one point at the top of their Romanov pyramid? I am sure the other corner of the pyramid was a basketball team that got bigger crowds than Kaunas.:jamboclow
😂😂😂
Coming from the charity club that's run on donations....sorry, that should be that's ran on donations.
Viva_Palmeiras
12-12-2023, 09:49 PM
And yet one of the flumps over on kackback said when Romanov took them over they were the top team in their pyramid of them and Kaunas but yet they still had half the population of Lithuania playing as trialists with one utter donkey Barassa even playing a few games, an utterly abomination of a player 🤣🤣
Didn’t Vlad say his dream was for 11 Lithuanian internationalists running out for the Yams?
in green and yellow would endear him further to the Vladsheep.
Viva_Palmeiras
12-12-2023, 09:53 PM
[emoji106]I'm with you there.
A wee bit experience of how Londongrad evolved and how it still thrives. I can't see Hibs fans generally being anything other than healthily, questioning of any regime that comes our way.
Hardly the same as the believers love in with Romanov and his "simple fans".
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Yup he did indeed believe most fans were just “simple fans”.
I suppose it makes it easier to sell shares for which share certificates never surfaced.
Funny that… he had them well and truly by the short and curlies but the financial establishment called his bluff and kept their powder dry whilst kids were giving up their Christmas money and presents to save their club.
Despicable thee.
mcohibs
12-12-2023, 09:55 PM
Anyone else got the fear that SFA will block it?
Anyone else got the fear that SFA will block it?
Nope.
AlbertK86
12-12-2023, 10:18 PM
"Sounds like Hibs are in the **** to me.Why on earth would you want to become one of these pyramid clubs where you get players forced on you, your style of play is dictated. Its basically agreeing to becoming a club for trialists to go through the motions.
Fine if your at the top of the pyramid, but absolutely horrendous below it. Unless you need the money because your 8n the **** of course"
Didn't they have 65 trialists from Kaunas at one point at the top of their Romanov pyramid? I am sure the other corner of the pyramid was a basketball team that got bigger crowds than Kaunas.:jamboclow
Girona doing well as part of the City ‘pyramid’
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Viva_Palmeiras
12-12-2023, 10:22 PM
Nope.
There are howver more reknowned for their conservative rather then progressive approach to many things.
Viva_Palmeiras
12-12-2023, 10:23 PM
Girona doing well as part of the City ‘pyramid’
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M-m-m-my-Girona :)
Bridge hibs
12-12-2023, 10:23 PM
Didn’t Vlad say his dream was for 11 Lithuanian internationalists running out for the Yams?
in green and yellow would endear him further to the Vladsheep.Yes
The revelation was made by former Foundation of Hearts chairman Ian Murray, who was also a former Jambos director, in hiis new book This is our story - How the fans kept their Hearts beating.
Romanov, who owned the Gorgie club between 2005 and 2013, was keen to swap Hearts' famous colours - worn since the 1870s - to the green and yellow of Lithuanian side FBK Kaunas, also owned by the businessman at the time
Writing in the book, Murray says: "Kaunas played in green and yellow - the same colours as Hibs.
"The very thought of associating anything with the colour green at Hearts would be bad enough.
CapitalGreen
12-12-2023, 10:32 PM
Girona doing well as part of the City ‘pyramid’
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Couple more examples which are perhaps more relevant to us when you consider the size of the clubs involved.
Brentford owner Mark Bentham acquired FC Midtjylland in Denmark in 2014. In 2015 they won the Danish title for the first time in their history, winning it a further 2 times since. In 2020 they reached the Champions League group stages for the first time.
Brighton owner Tony Bloom acquired Royale Union Saint-Gilloise in Belgium in 2018. They were promoted from the 2nd tier in 2021 and in 2022 they finished 2nd in the top flight, their best league finish since 1935. They also qualified for Europe for the first time in nearly 60 years, reaching the Quarter finals of the Europa League.
Onceinawhile
12-12-2023, 10:53 PM
Couple more examples which are perhaps more relevant to us when you consider the size of the clubs involved.
Brentford owner Mark Bentham acquired FC Midtjylland in Denmark in 2014. In 2015 they won the Danish title for the first time in their history, winning it a further 2 times since. In 2020 they reached the Champions League group stages for the first time.
Brighton owner Tony Bloom acquired Royale Union Saint-Gilloise in Belgium in 2018. They were promoted from the 2nd tier in 2021 and in 2022 they finished 2nd in the top flight, their best league finish since 1935. They also qualified for Europe for the first time in nearly 60 years, reaching the Quarter finals of the Europa League.
They were top of the league last season with about 10 minutes to go as well.
Hibernian Verse
13-12-2023, 06:28 AM
They were top of the league last season with about 10 minutes to go as well.
That would be peak Hibs, sign me up!
neil7908
13-12-2023, 06:50 AM
Correct.
If we can get 2-3 years out of players who are consistently good enough to end up in the EPL, then I fail to see any negative to this.
This is where I think folk need to temper their expectations a bit.
It's highly unlikely we'll be getting the kind of cash we would need to get any players that are 2-3 years from joining an EPL team. I mean, how many players from the OF move directly to the EPL? A handful over the years. We would need tens of millions injected year on year to achieve that imo. And I see no indication this guy has any intention of that.
My concern with all this is our place in the pyramid. My understanding is Foley has Bournemouth, Lorient, Auckland and the plan is to acquire Hibs and a club in Holland.
If that happens it's much more likely imo we'll be getting more players from the A League, and if selling they'll be going to Holland or France.
Now, that is still likely to see us with an increased budget and attracting better players, but I just don't see any evidence we are going to get vast sums of money coming in to truly revolutionise the markets we'll be operating in.
Since90+2
13-12-2023, 06:52 AM
This is where I think folk need to temper their expectations a bit.
It's highly unlikely we'll be getting the kind of cash we would need to get any players that are 2-3 years from joining an EPL team. I mean, how many players from the OF move directly to the EPL? A handful over the years. We would need tens of millions injected year on year to achieve that imo. And I see no indication this guy has any intention of that.
My concern with all this is our place in the pyramid. My understanding is Foley has Bournemouth, Lorient, Auckland and the plan is to acquire Hibs and a club in Holland.
If that happens it's much more likely imo we'll be getting more players from the A League, and if selling they'll be going to Holland or France.
Now, that is still likely to see us with an increased budget and attracting better players, but I just don't see any evidence we are going to get vast sums of money coming in to truly revolutionise the markets we'll be operating in.
I doubt he'll be getting one of the big clubs in Holland so it's likely we'd be seen as about the same level.
Greenworld
13-12-2023, 06:57 AM
I doubt he'll be getting one of the big clubs in Holland so it's likely we'd be seen as about the same level.Az Alkmaar were mentioned as the club a while back
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neil7908
13-12-2023, 07:02 AM
I doubt he'll be getting one of the big clubs in Holland so it's likely we'd be seen as about the same level.
It's about the quality of league though.
Girona are historically a very small team, but they play against quality teams week in, week out. That puts them in a much better position to blood players for moving to someone like Man City.
The SPL does not have the quality of opposition to give anyone with their eye on the EPL a proper test. We are miles behind them in terms of the UEFA coefficient for a reason.
badabing67
13-12-2023, 07:09 AM
What time is the meeting with the SFA tomorrow
04Sauzee
13-12-2023, 07:09 AM
Couple more examples which are perhaps more relevant to us when you consider the size of the clubs involved.
Brentford owner Mark Bentham acquired FC Midtjylland in Denmark in 2014. In 2015 they won the Danish title for the first time in their history, winning it a further 2 times since. In 2020 they reached the Champions League group stages for the first time.
Brighton owner Tony Bloom acquired Royale Union Saint-Gilloise in Belgium in 2018. They were promoted from the 2nd tier in 2021 and in 2022 they finished 2nd in the top flight, their best league finish since 1935. They also qualified for Europe for the first time in nearly 60 years, reaching the Quarter finals of the Europa League.
There was some chat yesterday amongst Dundee Utd fans about Mark Bentham buying or becoming a shareholder in Dundee Utd.
Alex Trager
13-12-2023, 07:14 AM
I see yer man Sooks on JKB is taking the news well.
Since452
13-12-2023, 07:22 AM
Anyone else got the fear that SFA will block it?
Yeah. It will probably go to VAR
bingo70
13-12-2023, 07:23 AM
Quite mad that today is our last day being poor.
Paulie Walnuts
13-12-2023, 07:26 AM
I’m going to presume the answer to this is ‘no idea’ but how fast do we reckon this will move after tomorrows meeting?
matty_f
13-12-2023, 07:30 AM
I’m going to presume the answer to this is ‘no idea’ but how fast do we reckon this will move after tomorrows meeting?
What I was told that there’s a desire to move quickly and have it done on time for the January window however it won’t be rushed through just to hit that arbitrary deadline.
I think the vast majority of the work and detail is done, and my gut feeling is that once it’s ratified, we will see things start to move quickly.
I see yer man Sooks on JKB is taking the news well.
Brilliant isn’t it.
All the excuses about extra costs and little budget for players but my favourite was them saying we will be stuck buying players from the A League a bit like you then.
The hurt is evident as they are struggling to see how big this could actually be. Some are not happy that JA only gives them 5 million. Just shows that they don’t give a toss but want more and more
Hibernian Verse
13-12-2023, 07:36 AM
This is where I think folk need to temper their expectations a bit.
It's highly unlikely we'll be getting the kind of cash we would need to get any players that are 2-3 years from joining an EPL team. I mean, how many players from the OF move directly to the EPL? A handful over the years. We would need tens of millions injected year on year to achieve that imo. And I see no indication this guy has any intention of that.
I think a good barometer would be if we were consistently selling to the Top 5 leagues in Europe rather than just the EPL for a sustainable business model. Over the past 5 seasons, these are the players that have left to the Top 5 leagues for a fee (+ Saudi for Jota & Eredivisie for Bassey)
Celtic
Jota (Al-Ittihad 29.1m)
Starfeldt (Celta Vigo 5m)
Jullien (Montpellier 1m)
Juranovic (Union Berlin 8m)
Edouard (Palace 16m)
Ajer (Brentford 15.7m)
Christie (Bournemouth 3m)
Frimpong (Leverkusen 11m)
Tierney (Arsenal 27m)
Others
Bassey (Ajax 23m)
Aribo (Southampton 7m)
Josh Doig (Verona 3m)
Lewis Ferguson (Bologna 2m)
Aaron Hickey (Bologna 1.7m)
Patterson (Everton 14m)
It'll absolutely be a tough gig to start selling regularly to these leagues but it's not outwith the realms of possibility. We have already done it once in the past couple of years. Of course Foley will want us to be able to sell to Bournemouth, but there is a standard of player in between Hibs & Bournemouth which are better than what we currently have.
Paulie Walnuts
13-12-2023, 07:41 AM
What I was told that there’s a desire to move quickly and have it done on time for the January window however it won’t be rushed through just to hit that arbitrary deadline.
I think the vast majority of the work and detail is done, and my gut feeling is that once it’s ratified, we will see things start to move quickly.
Cheers Matty. Interesting times ahead.
04Sauzee
13-12-2023, 07:48 AM
I see yer man Sooks on JKB is taking the news well.
He's a hoot 😂😂😂
https://i.ibb.co/vsX5Hsf/Screenshot-2023-12-13-08-46-51-09-40deb401b9ffe8e1df2f1cc5ba480b12.jpg (https://ibb.co/GsHw0sG)
[url=https:/
matty_f
13-12-2023, 07:48 AM
It’ll be interesting if this move opens up a sort of “arms race” in Scottish football.
Anderson certainly has the means to pump a fair bit more into Hearts if he really wanted to. Celtic, if they felt threatened, have the means to flex their financial muscle.
Rangers, I think, are spending about as much as they can afford at the moment but history shows us that they’ll find a way to spend more if they have to.
Dave McCormack at Aberdeen has put a lot of money their way already, would be their good money after bad to try and keep up, out would be search out a partner like Foley?
St Johnstone and Dundee United are both available, neither hold the potential of Hibs but their availability might be appealing.
Hibs’ next move is going to be really interesting. If we’re the first ones going into this space we need to get it right and create some distance from the other clubs because if it works for us, it definitely opens the door for other investors.
Hibernian Verse
13-12-2023, 07:49 AM
He's a hoot
https://i.ibb.co/vsX5Hsf/Screenshot-2023-12-13-08-46-51-09-40deb401b9ffe8e1df2f1cc5ba480b12.jpg (https://ibb.co/GsHw0sG)
I think he's sooking his Mammy's comfort blanket.
Vault Boy
13-12-2023, 08:04 AM
How am I meant to work under these conditions
Hibee Daft
13-12-2023, 08:12 AM
Haha hearts fans really are worried about this lol, nobody really knows how much investment there will be other than the investors and hibs.
Sooks meanwhile is scowering the internets fans forum pages to find clues... then reporting back 'dont panic,dont panic!'
jeffers
13-12-2023, 08:23 AM
Lorient fans don’t seem too happy with Foley’s involvement tbf.
I think he's sooking his Mammy's comfort blanket.
Her what??
Greencore
13-12-2023, 08:26 AM
Lorient fans don’t seem too happy with Foley’s involvement tbf.
They'll cheer up when we loan them some of our development players.
matty_f
13-12-2023, 08:29 AM
Lorient fans don’t seem too happy with Foley’s involvement tbf.
I think they were against it from the start, he's spent some good money there and it's not worked yet - he's less than a year in the door there, though.
Hibernian Verse
13-12-2023, 08:30 AM
Lorient fans don’t seem too happy with Foley’s involvement tbf.
Is there a Lorient.net that I can translate?
Paulie Walnuts
13-12-2023, 08:33 AM
Lorient fans don’t seem too happy with Foley’s involvement tbf.
I’ve said before that I’m hoping this goes through as the status quo in Scottish football has me so bored that I gave up my season ticket this year. I’ve had one for that long that I can’t actually remember my first one, think I would have been about 7.
If things go well at Hibs, this could genuinely prove to be a seismic change for both us and the rest of Scottish football. Whilst I obviously want us to be the most succesful, it would be great for Scottish football if we were to really do well out of this and other teams ended up with similar happening, raising the standard of the whole game because as it is, Scottish football is just so dull.
That being said, I also think there’s very valid concerns about the whole situation as well. I’m just quite happy to roll the dice.
jeffers
13-12-2023, 08:38 AM
Is there a Lorient.net that I can translate?
Funny you should say that, it is indeed FCLorient.net, though I got info from Google searches and various articles that came up doing that.
Matty is right they didn’t appear to be happy from the beginning, but losing two of the players to Bournemouth didn’t help that with the suggestion that one of them wasn’t keen on the move.
I’ll be honest, Foley having a majority stake in us would concern me.
Smartie
13-12-2023, 08:45 AM
Ultimately I don't think he's going to give a **** what fans of Lorient or Hibs think.
PatHead
13-12-2023, 08:47 AM
Was reading an article from the Guardian about Girona. Says that player wise they have not had any from the City Group. Their total first team cost £3m.
The manager does speak to Guardiola and City on a regular basis so that shows the importance of structure.
Very good read if someone can link it.
jeffers
13-12-2023, 08:47 AM
Ultimately I don't think he's going to give a **** what fans of Lorient or Hibs think.
I think that’s crystal clear. It’s why I’m less comfortable with the idea of him having a majority stake in us. My hope is this isn’t a precursor to him gaining full control and the Gordon family still have the intention of remaining majority shareholders and the tie in being what’s best for Hibs, not what’s best for Bournemouth.
Hibernian Verse
13-12-2023, 08:48 AM
Funny you should say that, it is indeed FCLorient.net, though I got info from Google searches and various articles that came up doing that.
Matty is right they didn’t appear to be happy from the beginning, but losing two of the players to Bournemouth didn’t help that with the suggestion that one of them wasn’t keen on the move.
I’ll be honest, Foley having a majority stake in us would concern me.
:greengrin No way, so it is! Same layout and everything.
That's a sign.
Hibee Daft
13-12-2023, 08:53 AM
https://www.fotmob.com/teams/8689/transfers/lorient
This shows lorients transfer activity since january 2023
Alot of in and outs
A big transfer aswell for the player going to bournemouth
Alex Trager
13-12-2023, 08:56 AM
Is there a Lorient.net that I can translate?
The boy on JKB seems to have done so.
Daniel 1875
13-12-2023, 08:58 AM
Ultimately I don't think he's going to give a **** what fans of Lorient or Hibs think.
And that, in itself, is surely hugely concerning for us as fans of Hibs.
Mcbizz1998
13-12-2023, 09:02 AM
I must admit, I'm still not completely clear what this means for us. Some seem to be extremely excited, maybe they know more than me but I am slightly more cautious whilst hoping this all goes through on Thursday.
Are we going to -
a) receive loans from Bournemouth and maybe Lorient, whilst signing perms from teams lower down the pecking order (Auckland) with the view of any decent players we get then being promoted up the pecking order?
or
b) Receive investment to sign our own players from anywhere in the world, again with the idea being if they turn out to be really good, they can be promoted up the pyramid?
If it is 'a' then I am not too keen, if it is 'b' then I am fully on board the hype train. Ultimately, we are a selling club anyway, if Foley can provide the cash allowing us to start to shop in a better market that will see us compete in Scotland, I am all for it. Selling the better ones on to Bournemouth or Lorient is sound - I would rather our better players went there than down the M8 anyway.
CropleyWasGod
13-12-2023, 09:04 AM
I must admit, I'm still not completely clear what this means for us. Some seem to be extremely excited, maybe they know more than me but I am slightly more cautious whilst hoping this all goes through on Thursday.
Are we going to -
a) receive loans from Bournemouth and maybe Lorient, whilst signing perms from teams lower down the pecking order (Auckland) with the view of any decent players we get then being promoted up the pecking order?
or
b) Receive investment to sign our own players from anywhere in the world, again with the idea being if they turn out to be really good, they can be promoted up the pyramid?
If it is 'a' then I am not too keen, if it is 'b' then I am fully on board the hype train. Ultimately, we are a selling club anyway, if Foley can provide the cash allowing us to start to shop in a better market that will see us compete in Scotland, I am all for it. Selling the better ones on to Bournemouth or Lorient is sound - I would rather our better players went there than down the M8 anyway.
"Provide the cash" in what form? Loans?
That needs clarification.
Ozyhibby
13-12-2023, 09:05 AM
And that, in itself, is surely hugely concerning for us as fans of Hibs.
Only a concern if it’s true.
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