Hsl agm

[chippy]

Does anyone know how much HSL have in the kitty?

[Pretty Boy]

I'm glad the proposals passed. It was how my own vote went in the end albeit that wasn't the slam dunk it was for others. It was meaningless in the grand scheme of things but I felt it important to vote on something so significant.

As for HSL I think it was always really doomed to fail. People who believe in capital ownership, be that Tom Farmer, the Gordon family or Bill Foley are never likely to be fully sold on the idea of collective ownership. It's ultimately the antithesis of how they conduct their professional business.

I've had my say on some of the abuse aimed at the guys involved with HSL and much of it was uncalled for. One of the first reactions to the news the resolutions had passed was someone on social media declaring 'round ye HSL'. Bizarre. Ultimately not everyone's idea of what constitutes the 'best interests of the club' is the same.

Personally I think guys like Jim Adie deserve our thanks for the tireless and largely thankless work they put in for HSL down the years. Ordinary fans thrust into the limelight and faced with some pretty shocking slurs and accusations aimed at them. I'm happy I got to know guys like Jim, Gordon, Stephen Dunn and others through HSL and pleased to have got to meet people like Pat Stanton and Jackie McNamara because of my minor involvement many years ago. I hope now this episode is all all over the guys involved can get back to just being fans again. They certainly have my thanks and appreciation for the work they have done.

[matty_f]

Trinity

That is not correct. Shareholders present last night had much more information at their disposal before making an informed choice. Neither the Directors or Members of HSL had that information. You are clearly a friend or associate of Lesley Robb and that's fine. Can I once again ask you and others who are simply choosing to compromise and undermine an Organisation that has tried so hard to help the Club. Hard working volunteers who have had illegitimate and illinformed comments directed to them is very disappointing and uncalled form. We have no idea what motivated you to make the voting choices that you made in the same way that you have no idea what motivated our Members to make the choices they made. This whole matter is closed now, let's all just try and respect each other and move on.

Hibernian Supporters

I do hope that my posts have not been seen as trying to undermine or compromise HSL, that’s not the intention behind them at all.

[MagicSwirlingShip]

Both your points are understood well. HSL was never set up as a "cash bucket" for the Club. None of the current Directors or any of the previous Directors would have become involved had that been the case. Our Articles are clear and our objectives are clear. Following our AGM in 2022 our Members instructed us to stop handing over donations to the Club which many will recall was a short term arrangement to help the Club through the Pandemic. This was also clearly communicated to all Members at the time to ensure that everyone was clear on this point.


Hibernian Supporters

Where did the message on the website mentioned above come from then? Surely at some point supporting the club budget was the aim - that message didn’t post itself

[matty_f]

I'm glad the proposals passed. It was how my own vote went in the end albeit that wasn't the slam dunk it was for others. It was meaningless in the grand scheme of things but I felt it important to vote on something so significant.

As for HSL I think it was always really doomed to fail. People who believe in capital ownership, be that Tom Farmer, the Gordon family or Bill Foley are never likely to be fully sold on the idea of collective ownership. It's ultimately the antithesis of how they conduct their professional business.

I've had my say on some of the abuse aimed at the guys involved with HSL and much of it was uncalled for. One of the first reactions to the news the resolutions had passed was someone on social media declaring 'round ye HSL'. Bizarre. Ultimately not everyone's idea of what constitutes the 'best interests of the club' is the same.

Personally I think guys like Jim Adie deserve our thanks for the tireless and largely thankless work they put in for HSL down the years. Ordinary fans thrust into the limelight and faced with some pretty shocking slurs and accusations aimed at them. I'm happy I got to know guys like Jim, Gordon, Stephen Dunn and others through HSL and pleased to have got to meet people like Pat Stanton and Jackie McNamara because of my minor involvement many years ago. I hope now this episode is all all over the guys involved can get back to just being fans again. They certainly have my thanks and appreciation for the work they have done.
Well said, PB.

[Pagan Hibernia]

Where did the message on the website mentioned above come from then? Surely at some point supporting the club budget was the aim - that message didn’t post itself

From HSL's conception to the summer of 2019 (the gordons arrival) the purchase of shares went hand in hand with money to the club. It was therefore able to satisfy all types of HSL members. After the takeover money continued to be donated, and in particular during covid it was a way to support the club during an unprecedented situation.

HsL members then voted to retain the money for a rainy day or future share purchase, rather than hand it over going forward.

[superfurryhibby]

Does anyone know how much HSL have in the kitty?

See post 743.

Just shy of 1 million pounds.

https://find-and-update.company-information.service.gov.uk/company/SC494691/filing-history

[mutley]

I have stopped mine too for the same reason as you basehibby

And I am another one too, same reasons


Sent from my iPhone using Tapatalk Pro

[Pagan Hibernia]

I'm glad the proposals passed. It was how my own vote went in the end albeit that wasn't the slam dunk it was for others. It was meaningless in the grand scheme of things but I felt it important to vote on something so significant.

As for HSL I think it was always really doomed to fail. People who believe in capital ownership, be that Tom Farmer, the Gordon family or Bill Foley are never likely to be fully sold on the idea of collective ownership. It's ultimately the antithesis of how they conduct their professional business.

I've had my say on some of the abuse aimed at the guys involved with HSL and much of it was uncalled for. One of the first reactions to the news the resolutions had passed was someone on social media declaring 'round ye HSL'. Bizarre. Ultimately not everyone's idea of what constitutes the 'best interests of the club' is the same.

Personally I think guys like Jim Adie deserve our thanks for the tireless and largely thankless work they put in for HSL down the years. Ordinary fans thrust into the limelight and faced with some pretty shocking slurs and accusations aimed at them. I'm happy I got to know guys like Jim, Gordon, Stephen Dunn and others through HSL and pleased to have got to meet people like Pat Stanton and Jackie McNamara because of my minor involvement many years ago. I hope now this episode is all all over the guys involved can get back to just being fans again. They certainly have my thanks and appreciation for the work they have done.

This will be my last post on the subject of HSL as it really is time to move forward in unity, and its derby day and my nerves are shot about tonight, but the part of your post that I've highlighted is why i completely ignored social media last night and today.

I too am for the investment,I think Hibs desperately need some help, we've been on the road to nowhere for years.

But jeezo, it's one crazy world we live in when a volunteer run organisation of ordinary hibs fans,who have contributed over a million quid to the club (including as mentioned, a sizeable whack of money during covid), and which only ever wanted to protect the club from harm (and people who lived through the trauma and helplessness of summer 1990 should at least be able to empathise with that even if they don't completely agree) are attacked and vilified with such venom, and portrayed as the baddies in all of this. Crazy crazy world.

[Just Alf]

Where did the message on the website mentioned above come from then? Surely at some point supporting the club budget was the aim - that message didn’t post itselfI'm sure they can probably answer themselves but to save the wait....

Originally funds were being paid to the club in return for shares.

Then when the club was sold and funds could no longer be used to buy shares an AGM agreed to have an option... funds sent to HSL to go into a pot for a possible future share issue or funds to be donated to the clubs "managers fund" .... there was lots of discussion on how it could be proved to be ringfenced for the managers use.

Then when covid came along HSL agreed to donate funds to the club to help them out.

When that finished I think it went to funds being collected for a future share issue again.

[Onion]

I think first and foremost Kensall and Hibs should reach out to HSL to have some clear the air talks and agree on how best they move forward together. Whilst the shareholding of HSL is now diluted they do represent a few thousand members and also have proceeds (and a shareholding still) that they (and the members) need to determine how its positioned going forward.

Once HSL have a better understanding of how Hibs will look to engage with them going forward that can then help derive what the objectives are.

I personally still see a place for HSL and the well intentioned people who run it but bridges need to be built between HSL, the Club and the broader supporter base to hopefully make HSL attractive to more people rather than less once revised objectives have been set.

Agree the Hibs Board/owners should have engaged much more closely with HSL and still have an opportunity to do so. There is no excuse for ignoring and/or being disrespectful to a group of 4000 fans who have invested over a long period, with the best intentions for the club in mind. They all share a common goal - to make the club and team as successful as it can be.

In saying all that, there would have been many elements of the Foley deal that would have been incredibly sensitive. It's one thing for the major shareholders to know about the financial / business negotiations and another entirely for 4000 football fans. You can guarantee if the Board had shared with HSL the details of discussions, agreements and terms of the Foley deal as they developed these would have been in the public domain within minutes. It will be up to the Board and HSL to find a way for them to share relevant details without compromising the club's position in any commercial deals etc.

[CropleyWasGod]

See post 743.

Just shy of 1 million pounds.

https://find-and-update.company-information.service.gov.uk/company/SC494691/filing-history

Think you've misread the accounts.

There's £345k in cash there at the end of January.

Edit. Maybe you were looking at the 2023 accounts, which have been superseded. The 2023 accounts show £997k of Reserves, which is £769k paid for shares and £227k in cash.

[MagicSwirlingShip]

From HSL's conception to the summer of 2019 (the gordons arrival) the purchase of shares went hand in hand with money to the club. It was therefore able to satisfy all types of HSL members. After the takeover money continued to be donated, and in particular during covid it was a way to support the club during an unprecedented situation.

HsL members then voted to retain the money for a rainy day or future share purchase, rather than hand it over going forward.

So since 2019 that message has been an oversight? Yikes

[Gerard]

Both your points are understood well. HSL was never set up as a "cash bucket" for the Club. None of the current Directors or any of the previous Directors would have become involved had that been the case. Our Articles are clear and our objectives are clear. Following our AGM in 2022 our Members instructed us to stop handing over donations to the Club which many will recall was a short term arrangement to help the Club through the Pandemic. This was also clearly communicated to all Members at the time to ensure that everyone was clear on this point.


Hibernian Supporters

As a fully paid up member of HSL and a holder of a few shares in Hibernian,I have 500 shares.I was eligible to attend both AGMs. Due to work Commitments I did not attend any.I continue to donate money to HSL because I know the money in time will benefit Hibs on some way to now be determined. I am sure all members will be asked for their opinions on the route that HSL money will be donated.
The Directors of HSL past and present have and continue to give their time to make sure HSL is successful. They often are unfairly criticised on their actions. I think this is not the way we should treat Hibs fans.
I look forward to BK, working with all Hibs fans and shareholders making our club more successful in winning cups and being in European competitions on a regular basis and improving our infrastructure at ER and the HTC.

[Centre Hawf]

Regardless of how people voted and what has happened in the last few days or weeks, I think having HSL there waiting can only be a good thing to Hibernian Football Club in case the worst case scenario ever arose. We saw even during the pandemic how quick things can go awry in this sport, and while the immediacy isn't there anymore I think a fan lead initiative to help the club should something ever happen again can only be a good thing rather than scrambling to start again.

[GreenPJ]

Agree the Hibs Board/owners should have engaged much more closely with HSL and still have an opportunity to do so. There is no excuse for ignoring and/or being disrespectful to a group of 4000 fans who have invested over a long period, with the best intentions for the club in mind. They all share a common goal - to make the club and team as successful as it can be.

In saying all that, there would have been many elements of the Foley deal that would have been incredibly sensitive. It's one thing for the major shareholders to know about the financial / business negotiations and another entirely for 4000 football fans. You can guarantee if the Board had shared with HSL the details of discussions, agreements and terms of the Foley deal as they developed these would have been in the public domain within minutes. It will be up to the Board and HSL to find a way for them to share relevant details without compromising the club's position in any commercial deals etc.

Appreciate its harder for a collective organisation but if there was sensitivity then Hibs could have asked members of the HSL board to sign an NDA to at least help provide some further detail as to the proposal for what was the second largest shareholding group up until yesterday. The deal was going ahead regardless of whether HSL were on side or not but you would have thought they might have done more to win the hearts and minds of 4000 members and yes we know the actual number of those voting from HSL was low but its still the optics as well as giving the press an opportunity to stir.

[GreenPJ]

As a fully paid up member of HSL and a holder of a few shares in Hibernian,I have 500 shares.I was eligible to attend both AGMs. Due to work Commitments I did not attend any.I continue to donate money to HSL because I know the money in time will benefit Hibs on some way to now be determined. I am sure all members will be asked for their opinions on the route that HSL money will be donated.
The Directors of HSL past and present have and continue to give their time to make sure HSL is successful. They often are unfairly criticised on their actions. I think this is not the way we should treat Hibs fans.
I look forward to BK, working with all Hibs fans and shareholders making our club more successful in winning cups and being in European competitions on a regular basis and improving our infrastructure at ER and the HTC.

:aok:

[OfficialHSL]

I do hope that my posts have not been seen as trying to undermine or compromise HSL, that’s not the intention behind them at all.

Not at all Matty.

[blackpoolhibs]

Thanks to those who have been running HSL for all these years, a thankless job as we can now see.

It must be time to ask what comes now, why should fans continue to keep paying in, and if there should be a different approach to what the money should be for.

Personally i have stopped paying, and i'd imagine after all this there will be a big drop off in subscriptions.

Is there a need for HSL anymore is the question i think people will be asking?

[micksoo]

Does anyone know how much HSL have in the kitty?

HSL director at AGM last night said £324k

[TrinityHFC]

Trinity

That is not correct. Shareholders present last night had much more information at their disposal before making an informed choice. Neither the Directors or Members of HSL had that information. You are clearly a friend or associate of Lesley Robb and that's fine. Can I once again ask you and others who are simply choosing to compromise and undermine an Organisation that has tried so hard to help the Club. Hard working volunteers who have had illegitimate and illinformed comments directed to them is very disappointing and uncalled form. We have no idea what motivated you to make the voting choices that you made in the same way that you have no idea what motivated our Members to make the choices they made. This whole matter is closed now, let's all just try and respect each other and move on.

Hibernian Supporters

Sorry but this is wrong. Some shareholders will have voted by proxy in advance, some will have voted last night with a little more detail on the plans. None of it was earth shattering.

HSL could have attended last night then voted. It is HSLs rules that inform that, not Hibs.

I’ve never met Leslie Robb and I’d never heard of him until I looked into him recently. It is a bit of an odd thing for you to say. I’ve stick to the topics in hand on not individuals.

As a Hibs fan I was motivated by what I thought was best for Hibs when I voted.

[Jack]

Leslie Robb will have had the notice of AGM at the same time as everyone else. Whether Hibs spoke to him or not is up to them. He is an active contributor and collaborator on a number of projects including the foundation and the women's team so I'm pretty sure they all knew where they stood.

What I'm saying is HSL had all the info that any shareholder needed.

HSL are also a collective and as far as I can see no mandate is given to their board and the board haven't given a particular view to their members on how to vote. Who would Hibs have spoken to and to what end?

In any case, the reality which has been pointed out long before now is that the path HSL had still chosen to walk down had been closed a long time ago and I'm not sure it was worth Hibs engaging much on this one when the further reality was that the path was being pretty much completely dismantled.

Hibs should have reached out and engaged with HSL from the start of the new regime.

To ignore the second largest shareholder, an organisation that gave a substantial, no strings attached, donation during covid is quite shameful.

The Gordons have done a lot for our club and a note of our appreciation was made last night but for a club that won recognition for supporter engagement just a few years ago it's obviously no longer a priority and that's a huge loss.

Hibernian FC is an organisation of many parts. The supporters, from the terrace through to the likes of HSL, are an important part of that organisation.

[DanishJohn]

Sorry but this is wrong. Some shareholders will have voted by proxy in advance, some will have voted last night with a little more detail on the plans. None of it was earth shattering.

HSL could have attended last night then voted. It is HSLs rules that inform that, not Hibs.

I’ve never met Leslie Robb and I’d never heard of him until I looked into him recently. It is a bit of an odd thing for you to say. I’ve stick to the topics in hand on not individuals.

As a Hibs fan I was motivated by what I thought was best for Hibs when I voted. >

Have you ever attended an HSL meeting or sent in emails to them ?

Each day you have another reason to pour out your venom against them (or is it one individual )?

You have had a good few years now to get HSL to change their ways to your ways (which everyone is told by you are the correct ways).

You have an agenda and everyone can see that.

[TrinityHFC]

>

Have you ever attended an HSL meeting or sent in emails to them ?

Each day you have another reason to pour out your venom against them (or is it one individual )?

You have had a good few years now to get HSL to change their ways to your ways (which everyone is told by you are the correct ways).

You have an agenda and everyone can see that.
Venom? Give it a rest.

I’m a member of HSL and a member of this site so I’ll debate what I like thanks, without the need for personal comments from you and particularly from an Official HSL account.

[DanishJohn]

Venom? Give it a rest.

I’m a member of HSL and a member of this site so I’ll debate what I like thanks, without the need for personal comments from you and particularly from an Official HSL account.


OK then.

Can you admit when you are wrong ?
If someone comes on a posts something and it proves you are wrong will you accept being wrong ?

[matty_f]

>

Have you ever attended an HSL meeting or sent in emails to them ?

Each day you have another reason to pour out your venom against them (or is it one individual )?

You have had a good few years now to get HSL to change their ways to your ways (which everyone is told by you are the correct ways).

You have an agenda and everyone can see that.

Can you give an example of where Trinity has poured out venom, please?

[DanishJohn]

Can you give an example of where Trinity has poured out venom, please?

Might be useful if you look up dictionary and see word Venom.
Then go back and check his posts.

Have I done something to upset you? If I have then I apologise profusely.

[matty_f]

Might be useful if you look up dictionary and see word Venom.
Then go back and check his posts.

Have I done something to upset you? If I have then I apologise profusely.
I know what venom means, you haven’t done anything to upset me and I’ve read Trinity’s posts, could you point out specifically which ones are pouring out venom?


There’s absolutely no need for an apology, I’m just trying to see what you are referring to that I’m missing. It’s not a loaded question, you said Trinity was pouring out venom so i wondered what posts of theirs did that?

[CentreLine]

All shareholders, including HSL had the same information and the opportunity to hear the presentation last night. It is the HSL arrangements which meant you had to take a vote before deciding how to then vote at the Hibs AGM.

It is surely a bit of a moot point as HSL members were voting it seems on a point of principle around not being able to buy new shares before being offered to the investors. I don't think anything that was discussed at the Hibs AGM would have changed that.

How did HSL vote on resolution 4?

I guess you don’t read the thread but just come up with random complaints that have already been fully covered in the thread. It feels like you have an agenda. If you read through the thread and you will find the answer to resolution four and many other now pointless questions.

[superfurryhibby]

Think you've misread the accounts.

There's £345k in cash there at the end of January.

Edit. Maybe you were looking at the 2023 accounts, which have been superseded. The 2023 accounts show £997k of Reserves, which is £769k paid for shares and £227k in cash.

Yes, I only read the 2023 accounts and didn't appreciate the assets were not all capital.

I suppose now HSL will need to consult members and decide what to do with the monies (and shares?) they still hold.

[DanishJohn]

I know what venom means, you haven’t done anything to upset me and I’ve read Trinity’s posts, could you point out specifically which ones are pouring out venom?


There’s absolutely no need for an apology, I’m just trying to see what you are referring to that I’m missing. It’s not a loaded question, you said Trinity was pouring out venom so i wondered what posts of theirs did that?

I stick to what I say. I'm not here to win you over. I will leave it to others form an opinion.
I don't know about you but I just don't have all day to sit in front of computer and trawl back on something, if I'm wrong then I'm wrong.

Thanks though for replying to me. You have shed some light on Trinity. Trinity is not an individual but a group.

Cheers again .

[matty_f]

I stick to what I say. I'm not here to win you over. I will leave it to others form an opinion.
I don't know about you but I just don't have all day to sit in front of computer and trawl back on something, if I'm wrong then I'm wrong.

Thanks though for replying to me. You have shed some light on Trinity. Trinity is not an individual but a group.

Cheers again .

Sorry, Trinity is an individual,I just don’t know if they’re a he or a she.

I really wasn’t needing to be won over, but it’s quite a strong accusation to make against Trinity without backing it up with the evidence. I don’t expect you to trawl through the thread (although you did suggest that I should do that to read their posts, so if i you expect me to do it you should be prepared to do so yourself :greengrin ) but if i they’re pouring out venom then examples shouldn’t be hard to present?

[McD]

I stick to what I say. I'm not here to win you over. I will leave it to others form an opinion.
I don't know about you but I just don't have all day to sit in front of computer and trawl back on something, if I'm wrong then I'm wrong.

Thanks though for replying to me. You have shed some light on Trinity. Trinity is not an individual but a group.

Cheers again .



Trinity isn’t here to win you over either, although you seem determined to hound them for not feeling the same way about HSL as you do.

You’re the one throwing accusations around about pouring venom, be prepared to back up your words with the proof if you’re going to have a go at someone. You told Matty to look through Trinity’s posts, should be good enough for you to do that also, if you’re so firm in your belief about them

[Danderhall Hibs]

I stick to what I say. I'm not here to win you over. I will leave it to others form an opinion.
I don't know about you but I just don't have all day to sit in front of computer and trawl back on something, if I'm wrong then I'm wrong.

Thanks though for replying to me. You have shed some light on Trinity. Trinity is not an individual but a group.

Cheers again .

Some amount of venom in this post 😂

[MagicSwirlingShip]

Todays challenge is include the word venom in as many sentences as possible

[basehibby]

That statement on the My Account page is an oversight which was only brought to our attention yesterday. We don’t have direct access to edit that and it was passed to the web developer as soon as it was raised.

There’s been no other mention of money going to Hibs anywhere else across the website for some time and we have been clear for a while now that’s not been happening.

As for what’s next, there will be the chance for members to share their views with us in the coming weeks/months.

I think it’s right to give the events of the last few weeks, and last night, time to settle before we jump to any new found direction or objectives. Whatever that looks like going forward will be up to the members.

Well the page of the website that I visit most often is the one detailing My Account along with all the payments I have made - and the statement claiming ALL funds go towards helping the team on the park was ALWAYS there from day one at the top of the page - bold as brass.

I had realised that a problem had emerged with HSL's ability to purchase shares since the Gordons took over, but had always believed that supporting the first team budget (my primary motivation for donating) remained a primary objective of HSL and so I kept on donating in good faith. If that's no longer the case then I'm glad that's now been clarified as I have no intention of donating further funds if helping the first team is not the express purpose.

NB - this is not intended as a barb towards those running HSL. I know it's run by volunteers with the best of intentions and that they are obliged to satisfy the demands of those members that vote at AGMs. I'm just not interested in donating funds if they are not going towards improving the team on the park - that's not what's happening so I'm out.

[DaveF]

Any comment on the recent email from HSL?

They have had a positive meeting with the club, post AGM and the belief is that there will be a share issue in the near future allowing HSL to potentially buy into that.

Further chat about how else HSL can financially benefit the club (pioneers tables, sponsorship etc..)

It's good see the two talking and mending open wounds.

[DaveF]

This was the email...

Dear member,

Following the club’s AGM last month, we outlined plans to engage with supporters and the club in order to pave a positive and cooperative way forward.

While we were disappointed to see our shareholding diluted it is important to recognise our position as a responsible shareholder in the club, run in the interests of our members who are all – of course – committed and lifelong Hibernian fans.

We believed it would be appropriate to allow the dust to settle on the changes implemented at the club AGM and we are pleased to confirm we were invited to meet with the club earlier this month to discuss a future for Hibernian Supporters, working closely with the football club in the interests of us all.

The meeting at Easter Road was a positive one, with commitment from both sides to ensure we can work together in the interests of the club going forward.

Future Share Issue

We believe there is a chance that there may be another share issue in the near future, and should this come to light we believe Hibernian Supporters will be invited to participate – ensuring our shareholding isn’t diluted further and allowing us to inject funds directly into the club in exchange for shares.

The purchase of shares in the club is one of our primary objectives, as outlined in our Articles of Association, and, as such, we believe members would be supportive of our involvement in a future issue of shares in the club. We trust that you will agree with this.

Further Consultation & Guidance

As a membership organisation we are committed to ensuring members have the opportunity to share their views with us on how we move forward, so we can shape the long-term future of Hibernian Supporters.

Also discussed at the recent meeting with the club were the ways in which Hibernian Supporters can be involved in the positive future of Hibernian FC.

The club has entered into a new chapter in its history and we are committed to acting responsibly and supportively as we move forward, together.

There are a number of ways in which we can further support the club financially with contributions from our members, from increasing our Pioneers hospitality table from six seats to 10, participating in sponsorship activities on a one-off or seasonal basis, or supporting the club with one-off initiatives or projects in areas of specific interest to our members.

In order to shape our approach with the club we have prepared some short questions on your membership portal to gauge the feeling of members.

Everything we do will be with the consent of our members, and we would appreciate your participation in order to guide your directors going forward.

These questions can be completed digitally by logging in to your account and scrolling down to the survey section at the bottom of the page.

[CapitalGreen]

Any comment on the recent email from HSL?

They have had a positive meeting with the club, post AGM and the belief is that there will be a share issue in the near future allowing HSL to potentially buy into that.

Further chat about how else HSL can financially benefit the club (pioneers tables, sponsorship etc..)

It's good see the two talking and mending open wounds.

It would have been nice if members had been informed about the invite to a meeting prior to it happening. I’m sure the membership would have appreciated being notifird and given the opportunity to highlight any issues they wished to be raised at the meeting with the club.

I’ve completed the survey and appreciate the question about what should be done with funds being put to members.

[Bishop Hibee]

It would have been nice if members had been informed about the invite to a meeting prior to it happening. I’m sure the membership would have appreciated being notifird and given the opportunity to highlight any issues they wished to be raised at the meeting with the club.

I’ve completed the survey and appreciate the question about what should be done with funds being put to members.

As a member I’m perfectly happy with the reps meeting with the board without ‘consulting’. I’ll be continuing my contributions in the hope that one day the fans can own 25% of the club to stop any hostile take over or sell out of Hibernian FC.

[DaveF]

It would have been nice if members had been informed about the invite to a meeting prior to it happening. I’m sure the membership would have appreciated being notifird and given the opportunity to highlight any issues they wished to be raised at the meeting with the club.

I’ve completed the survey and appreciate the question about what should be done with funds being put to members.

The HSL committee is elected for this kind of thing isn't it? Putting word out the membership is just going to end up with hundreds of different points and would be a bit of a shambles.

Anyway, by the sounds of it, this was more of a make the peace meeting with a view on how to move forward together.

[Pretty Boy]

Glad to see an olive branch has been offered by the club and take up by HSL.

An upcoming share issue is interesting, it's not something I expected so soon after the events of the AGM and the BK investment. I can't imagine HSL would have mentioned it if there wasn't a degree of confidence it was going to happen.

[bod]

Doesn’t say there will be a share issue though.
Worded that they believe there may be one.

[IberianHibernian]

Encouraging e mail . Noone really knows what new investment will lead to on and off the park in the next few years so important to have supporter groups ready to step in ot at least galvanise support if things don`t go well . Not saying HSL is ideal but certainly important to have some such group (s) . New share issue far from likely but also important to be ready to take part if or when it happens .

[TrinityHFC]

Doesn’t say there will be a share issue though.
Worded that they believe there may be one.

I think they are barking up the wrong tree.

At the AGM it was confirmed that there was future capital calls built into the arrangement for the new investors. That would essentially be a way to get new investment from them in return for increasing their investment up to the max level currently allowed.

There was no suggestion that those shares would be offered to existing shareholders first.

If there was an offer then HSL would need a decent amount of funds to at best stay still. I’m not sure what the point is any more. They’ve no influence. The game was up a long time ago and they’d be better accepting that and rethinking whether they have a purpose beyond buying shares.

[linlithgowhibbie]

I think they are barking up the wrong tree.

At the AGM it was confirmed that there was future capital calls built into the arrangement for the new investors. That would essentially be a way to get new investment from them in return for increasing their investment up to the max level currently allowed.



There was no suggestion that those shares would be offered to existing shareholders first.

If there was an offer then HSL would need a decent amount of funds to at best stay still. I’m not sure what the point is any more. They’ve no influence. The game was up a long time ago and they’d be better accepting that and rethinking whether they have a purpose beyond buying shares.


Yet another negative post ref HSL, We know you don't like their ideals, but give it a break eh!

[TrinityHFC]

Yet another negative post ref HSL, We know you don't like their ideals, but give it a break eh!

It is reality. As a member of HSL and this site, I’ll post what I like about the subject thanks.

[May21/05/216]

Yet another negative post ref HSL, We know you don't like their ideals, but give it a break eh!Agree

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[ancient hibee]

I think they are barking up the wrong tree.

At the AGM it was confirmed that there was future capital calls built into the arrangement for the new investors. That would essentially be a way to get new investment from them in return for increasing their investment up to the max level currently allowed.

There was no suggestion that those shares would be offered to existing shareholders first.

If there was an offer then HSL would need a decent amount of funds to at best stay still. I’m not sure what the point is any more. They’ve no influence. The game was up a long time ago and they’d be better accepting that and rethinking whether they have a purpose beyond buying shares.

Wasn’t the point of one of the changes to the Articles that new shares could be issued without offering them to all shareholders? So I’m sure you’re right.

[TrinityHFC]

Wasn’t the point of one of the changes to the Articles that new shares could be issued without offering them to all shareholders? So I’m sure you’re right.

Just until the next AGM. If there’s another share issue they can do the same thing. There’s absolutely no influence though for a shareholding the size they have and at best they will hand over cash to stay still.

A rethink would be sensible but whatever, up to them, just seems like they keep believing that something will change. It was over a long time ago.

There was some potential in getting fans to make monthly contributions but not down the route they’ve gone and they continue to head down it.

[CentreLine]

Just until the next AGM. If there’s another share issue they can do the same thing. There’s absolutely no influence though for a shareholding the size they have and at best they will hand over cash to stay still.

A rethink would be sensible but whatever, up to them, just seems like they keep believing that something will change. It was over a long time ago.

There was some potential in getting fans to make monthly contributions but not down the route they’ve gone and they continue to head down it.

I’m a little confused here Trinity, you tell is you are a member of HSL but consistently use the word “them” when being critical. If you are a member then surely the words you are looking for would be “we” and “us”? If you are a member then you are very much part of HSL and have as much influence as any other member, including those who give their time and effort to run it on our behalf.

[jacomo]

It is reality. As a member of HSL and this site, I’ll post what I like about the subject thanks.


Fair dos.

HSL still have a shareholding in the club, so I can’t agree that there is no point anymore.

[MartinfaePorty]

I've just received an email saying my Direct Debit mandate with Hibernian Supporters Limited has been cancelled. Have I missed something? Wasn't expecting this.

[tamig]

I've just received an email saying my Direct Debit mandate with Hibernian Supporters Limited has been cancelled. Have I missed something? Wasn't expecting this.

Not received anything and DD still active.

[MartinfaePorty]

Thanks. Email was from Go Cardless, so wonder if it's an issue there. Will check it out later.

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