Impact of Black Knight Investment

[Ozyhibby]

He also lost a final to an aging, not good enough Washington Capitals team.He had the pick of just about all players in the league in the expansion draft.The entire organisation is derided by fans of other franchises for their continued chicanery with the LTIR and the wage cap.Although VGK has done well, it's not all flowers over there either, they were pretty poor in this year's playoffs too.

The salary cap means sustained success for teams is almost impossible. The expansion draft also doesn’t give access to the very best players in the league, just the second best. Seattle didn’t make the same impact in their expansion draft.
The LTIR rules are what they are. Vegas saw a way to work the system. Other teams now looking to do similar. Oilers will likely do it this year with Kane.
They will fall away this year again as losing Marchessault will hurt them. Not a lot more they could do due to the cap restraints they had.
All in all, Foley has done a good job. The Stanley cup is very difficult to win. You can’t just buy it. It needs a smart organisation.


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[Ozyhibby]

I agree, however, are you denying that the vast majority of commentary from fans was that we needed someone at coaching level and operationally who understood Scottish football?

It needs to be ignored by those in charge of bringing success.


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[matty_f]

Foley said he was aiming for 3rd with Lorient. He's full of pish.

Could it be that he’s not finished there yet?

[Lago]

Will he? I think we could be in for a real split as half the support can see right through Ian Gordon. What has Ian Gordon ever achieved in the world of sport. Hee hawWhat has he achieved period, what business background does he have, what was his job before his dad installed him into his Hibs role????

[flash]

Could it be that he’s not finished there yet?

Not sure he meant 3rd in Ligue 2 but you never know.

[.Sean.]

What has he achieved period, what business background does he have, what was his job before his dad installed him into his Hibs role????A few brilliant saves on his football manager game apparently, which he’s unfortunately been able to transfer to the real world

[GreenPJ]

It needs to be ignored by those in charge of bringing success.


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And then they are accused of not listening to what the fans want. The relationship isn't great between fans and board even before Black Knights came along.

FWIW I think the Kelty result, whilst really poor and disappointing has blown everything out of proportion (but for a few inches on a few occasions the result would have been different) - yes we need to strengthen the squad, I am sure Gray and MacKay know that and so question is what funds/scouting do they have available to them to add the 2 or 3 first team additions that are needed to help secure top 5 positions. That should not just be anyone Bournemouth are happy to throw at us.

[Lago]

Yeah, I was thinking that as well. Ultimately, Hibs are Hibs. Not some imitation of Bournemouth, Lorient or whatever. We have our own identity, style etc and that should be maintained. We definitey shouldn't exist to beneft anyone other than Hibs. I don't for one minute think that the Gordon's have done everything righ, far from it, but I get the impression that Foley has been over ruled in the boardroom, can't take it and spat the dummy.I'm assuming from your response that your happy with the Gordon and Kensell stewardship of Hibs?

[blackpoolhibs]

Can anyone tell me anything the Gordons have got right in the football department?

[mcohibs]

Foley was asked a question and gave an honest answer as to what he thinks is wrong/holding Hibs back. A club that he has a large stake in. Wish other members of our board were as honest.

Folk are acting like he's released a public statement off his own back.

Exactly. Can’t imagine Foley has got to where he is in life by not speaking his mind. He was asked a question, he answered it honestly. Is it bold, a bit brash? Yes. I quite like that.

[04Sauzee]

Can anyone tell me anything the Gordons have got right in the football department?

Did we make money on Nisbet and Melkersen?

I'm sure there will be some successes?

[MagicSwirlingShip]

Did we make money on Nisbet and Melkersen?

I'm sure there will be some successes?

They identified and signed Youan (I think)

[Just_Jimmy]

Can anyone tell me anything the Gordons have got right in the football department?Any successes will be over shadowed by the considerable failures, that's for sure.

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[Donegal Hibby]

We didnt hear anything because no one asked him.

He was quite rightly asked about a team he’s invested 6million pounds into being beaten by a team playing in the lowland league just a few years ago.

He gave an honest answer.

I’d say it’s a good thing. It shows the majority of fans aren’t the only ones that think IG and Kensell don’t know what they’re doing. And he will protect his investment by trying to get them to change.

Nothing really bad about it apart from a little negative publicity.

Because nobody asked him doesn't mean he couldn't have came out with and said something before the Kelty game if he wasn't happy . Which would have also been wrong imo .

His 6 million investment made him a minority shareholder in the club , the Gordon's are the majority shareholders and the owners of our football club who make the final decisions, Foley knew this when he got on board .

Though now he seems to spitting his dummy out of his pram because we didn't appoint who he wanted , stating that he's not been listened to which quite frankly might not be true in , maybe we did and just decided Mackay and Gray where potentially better options. Who where his options for both roles btw ?.

You say it's a good thing and not bad thing , personally I think it's the last thing we needed after a extremely bad result and only causes unrest in both Mackay and Gray know they weren't really wanted now .

As a shareholder he should deal with any issues he has in the boardroom which would have been the proper way of dealing with it rather than mouthing to the press .

It's poor stuff from Foley.

[Alex Trager]

I'm willing to back Foley because i've watched the alterative rip this club apart since they arrived.

Yet it was the current lot who got Foley involved. That should also set alarm bells ringing.

[Jones28]

Can anyone tell me anything the Gordons have got right in the football department?

I think they've fired managers at the right times.

Managers they appointed

[Since90+2]

Could it be that he’s not finished there yet?

He's going in the wrong direction with them though. The aim could be 3rd but considering they just got relagated it's like us saying the aim is to finish 2nd. Never going to happen.

[Northernhibee]

Yet it was the current lot who got Foley involved. That should also set alarm bells ringing.

This. Considering the reverse Midas touch that the quadrangle have shown so far, I’m hugely sceptical of the benefit of the deal signed.

[cabbageandribs1875]

where's all the money :cry:

[DinkyTwo]

Having now read the Foley statement, I don't think it is nearly as bad as some are making out on this thread. Can be summarised as 'Billionaire Investor Throws Toys out the Pram after not getting his own way'. He saw an opportunity to stick the knife in publicly after a terrible result and did so.

My question would be, what changes did Foley and co. recommend that would've guaranteed a result against Kelty?

It was a shocker of a result, granted, but we'd been conceding hardly anything and scoring a barrowload so far under our new management regime. We also hit the bar, both posts and had one cleared off the line in the aforementioned match.

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[Paulie Walnuts]

Because nobody asked him doesn't mean he couldn't have came out with and said something before the Kelty game if he wasn't happy . Which would have also been wrong imo .

His 6 million investment made him a minority shareholder in the club , the Gordon's are the majority shareholders and the owners of our football club who make the final decisions, Foley knew this when he got on board .

Though now he seems to spitting his dummy out of his pram because we didn't appoint who he wanted , stating that he's not been listened to which quite frankly might not be true in , maybe we did and just decided Mackay and Gray where potentially better options. Who where his options for both roles btw ?.

You say it's a good thing and not bad thing , personally I think it's the last thing we needed after a extremely bad result and only causes unrest in both Mackay and Gray know they weren't really wanted now .

As a shareholder he should deal with any issues he has in the boardroom which would have been the proper way of dealing with it rather than mouthing to the press .

It's poor stuff from Foley.

So he shouldn’t have said it but if he was going to say it then he should have said it before the Kelty game but even then, he shouldn’t have said it then either because he should just shut up and accept Ian Gordon’s decisions.

You seem intent on stressing the fact he’s a minority shareholder, will Gray and Mackay be all that bothered what he thinks? You don’t seem to think he really deserves to have his opinion as he’s just a minority shareholder so he should just accept what the majority owners say, why will Gray and Mackay not look at it the same way as you and go ‘ah well, he doesn’t matter anyway’, much like you are?

[Is It On....]

100%. The clowns who have signed umpteen crap players over the last 5 years, systematically reduced crowds and league position have basically told Foley and his team the players you want us to take aren’t good enough. No wonder he’s fizzing.

I just can’t get my head around Foleys play here. He went in as a minority investor and, as such, knew that ultimately he would have zero leverage on decision making. So, whilst £6m looks to be a rounding error for him, I can't help but feel that there must be restrictions on how the £6m is actually used because he didn't become rich by throwing his money about and hoping for the best.

[Greenworld]

I’m going to hazard a guess it almost certainly was discussed in the board room.I can tell you 100% it was discussed and agreed on before the knights signed up
I'm just amazed anyone thinks it's something new

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[Hibees1973]

Can anyone tell me anything the Gordons have got right in the football department?Released Bojang.

[Hibiza]

Black knights /Gordon's / Kensell : that's a bad hand we've been dealt ,to say the least.

[Donegal Hibby]

So he shouldn’t have said it but if he was going to say it then he should have said it before the Kelty game but even then, he shouldn’t have said it then either because he should just shut up and accept Ian Gordon’s decisions.

You seem intent on stressing the fact he’s a minority shareholder, will Gray and Mackay be all that bothered what he thinks? You don’t seem to think he really deserves to have his opinion as he’s just a minority shareholder so he should just accept what the majority owners say, why will Gray and Mackay not look at it the same way as you and go ‘ah well, he doesn’t matter anyway’, much like you are?

He is a minority shareholder , is he not ? And he knew who was in charge when he got on board , who had the final say on decisions . The Gordon's Own our club that's the reality ! .

Was it Ian Gordon's decision , you know this for sure ? Or was it after LISTENING to Foley's suggestions on Mackay and Grays positions that the Hibs board maybe unanimously agreed to go for both Mackay and Gray instead of their options because of their knowledge of the Scottish game which their quite entitled to do .

Of course he should have an opinion though that opinion should be used in boardroom meetings and not him blabbing publicly to the press .

Whatever Mackay and Gray think , it's not what the club needed and has probably caused some friction within the club and given other rival clubs fans something further to gloat on .

Gray and Mackay hopefully will just get on with it and brush it to one side though its not really helped in anyway especially after the Kelty result.

Again I will say I think Foley's handled even if he has concerns the whole thing very badly.

[Alfred E Newman]

I just can’t get my head around Foleys play here. He went in as a minority investor and, as such, knew that ultimately he would have zero leverage on decision making. So, whilst £6m looks to be a rounding error for him, I can't help but feel that there must be restrictions on how the £6m is actually used because he didn't become rich by throwing his money about and hoping for the best.

Exactly right.

[NC1875]

He is a minority shareholder , is he not ? And he knew who was in charge when he got on board , who had the final say on decisions . The Gordon's Own our club that's the reality ! .

Was it Ian Gordon's decision , you know this for sure ? Or was it after LISTENING to Foley's suggestions on Mackay and Grays positions that the Hibs board maybe unanimously agreed to go for both Mackay and Gray instead of their options because of their knowledge of the Scottish game which their quite entitled to do .

Of course he should have an opinion though that opinion should be used in boardroom meetings and not him blabbing publicly to the press .

Whatever Mackay and Gray think , it's not what the club needed and has probably caused some friction within the club and given other rival clubs fans something further to gloat on .

Gray and Mackay hopefully will just get on with it and brush it to one side though its not really helped in anyway especially after the Kelty result.

Again I will say I think Foley's handled even if he has concerns the whole thing very badly.

So after listening to the advice, the two idiots who have several past failures to there name chose to do what they wanted anyway.

You’ve just said as much so I don’t know what your point is ?

Foley has obviously tried talking to them, and they’re clearly not listening. Maybe they’ll listen now is all he’s saying.

It’s not a big deal.

[Hibiza]

He is a minority shareholder , is he not ? And he knew who was in charge when he got on board , who had the final say on decisions . The Gordon's Own our club that's the reality ! .

Was it Ian Gordon's decision , you know this for sure ? Or was it after LISTENING to Foley's 1suggestions on Mackay and Grays positions that the Hibs board maybe unanimously agreed to go for both Mackay and Gray instead of their options because of their knowledge of the Scottish game which their quite entitled to do .

Of course he should have an opinion though that opinion should be used in boardroom meetings and not him blabbing publicly to the press .

Whatever Mackay and Gray think , it's not what the club needed and has probably caused some friction within the club and given other rival clubs fans something further to gloat on .

Gray and Mackay hopefully will just get on with it and brush it to one side though its not really helped in anyway especially after the Kelty result.

Again I will say I think Foley's handled even if he has concerns the whole thing very badly.

10/10.

[greenlex]

Or alternatively just keep making our own decisions and appointments and hope that re-structure #3 (b-team being #1 and DOF #2) is the one that works and we won’t be here unpicking it after a year or two like the previous restructures.Learning by mistakes. No mistakes nothing learned. If #3 works it won’t be changed. Sat result apart the changes including playing squad and playing style have all improved. It’s a bit early to be changing for a 4th time IMO. A few more decent signings and hopefully things should look a bit more positive to the majority. The only downside is the ones who have made their minds up now and won’t change no matter what. They’ll just wait in the wings for the first bit of negativity (see Saturday) and be all over it. Its indicative of today’s social media savvy punters I’m afraid.

[Hibiza]

Foley !!! : put up or shut up.

[Rob]

You don't have £6million and your reputation invested in Hibs though. He is clearly worried about his investment and who can blame him.Aye, wait until January and things are even worse! BK & IG do NOT have a good record on appointments and I think Foley is entitled to air his views.This is the Gordon's last chance to get things right and it does not look too good at present.He's a billionaire, but worried about his "fun" investment in us? Nah, he's just peeved that as a minority shareholder he isn't being allowed to dictate how we do business so as to suit his hair brained multi-club model designed for the benefit of one club. Ask Lorient fans what they think of his scheme and how much benefit they've got from being part of it.

[SunshineOn1875]

To be frank, I'd be keen to listen to him a lot more than I would Kensell and Gordon, he's 2 for 2 on appointments at Bournemouth already. That's a lot more successful than the golden quadrant have ever been.

[Hibs07p]

Maybe time for siege mentality, no one likes us, (including the bk?) we don’t care! Maybe seams A bit yamish or Hunnish but so what. We either work in partnership with bk or we tell them to bolt, and go it alone. Time to decide what direction we are going in and work as a unit. If we can’t do that, then the split is inevitable and whoever is responsible for this ****show only highlights the incompetence of all parties involved. Too much negativity in the press about us which is totally self inflicted.

GGTTH
Scottish Cup Winners 2016

[blackpoolhibs]

He is a minority shareholder , is he not ? And he knew who was in charge when he got on board , who had the final say on decisions . The Gordon's Own our club that's the reality ! .Was it Ian Gordon's decision , you know this for sure ? Or was it after LISTENING to Foley's suggestions on Mackay and Grays positions that the Hibs board maybe unanimously agreed to go for both Mackay and Gray instead of their options because of their knowledge of the Scottish game which their quite entitled to do . Of course he should have an opinion though that opinion should be used in boardroom meetings and not him blabbing publicly to the press .Whatever Mackay and Gray think , it's not what the club needed and has probably caused some friction within the club and given other rival clubs fans something further to gloat on . Gray and Mackay hopefully will just get on with it and brush it to one side though its not really helped in anyway especially after the Kelty result.Again I will say I think Foley's handled even if he has concerns the whole thing very badly.The Gordons have the final decision on everything, THAT'S the reason we are in such a mess. Foley is calling them out, much the same as 99% of the folk on here.

[jeffers]

Too many assumptions based on not enough fact imo. Foley didn’t get his way so throws his toys out the pram. I don’t believe for a minute we weren’t listening to him, we just chose to make our own decision. It just comes across as total arrogance imo. We don’t even know on what we weren’t listening to him about and if it was everything or was it just a couple of things. It’s just a given now that it was who to employ as DoF and manager. I wonder why their reps were part of the panel who interviewed the prospective managers if they were so unhappy with us ? green day made a good point on the pm board that a Foley interview in the early days suggested that they generally want clubs to run themselves without the BK being directive about the operations. So what is it Bill ? Make up your mind. Of course the big issue is IG and BK have zero credit in the bank so even if they have made the right decision in appointing SDG and MM it’s all too easy to have a go and say we should have done what Bill said. I’ve said it before I’ve zero interest in Bournemouth or the other clubs in the BK group other than what benefits Hibernian FC. So far I’ve seen very little that does. A week before the season starts and not a single player on loan from the group. Even his chat about us having £2m to spend is looking like more pish.

[Donegal Hibby]

So after listening to the advice, the two idiots who have several past failures to there name chose to do what they wanted anyway.

You’ve just said as much so I don’t know what your point is ?

Foley has obviously tried talking to them, and they’re clearly not listening. Maybe they’ll listen now is all he’s saying.

It’s not a big deal.

It was one that made the decision from another poster , now it's two . I don't really know how decisions work at Hibs though I'd imagine everyone has their say and its probably a decision the majority of the board go with .

Point is they probably have listened to him and decided on a different course , in Mackay and Gray . Genuine question are Foley's options better than we went with ? .

Anything that causes aggro , negativity or unrest at our club I do consider to be a big deal tbh .

We know there's been mistakes made by the people at our club though Foley's not without his own either ... Simply I'm not impressed with his handling of this whatsoever......

https://www.stuff.co.nz/business/300045411/new-zealand-wineries-owner-gave-nearly-400000-to-trump-report

[The Modfather]

Too many assumptions based on not enough fact imo. Foley didn’t get his way so throws his toys out the pram. I don’t believe for a minute we weren’t listening to him, we just chose to make our own decision. It just comes across as total arrogance imo. We don’t even know on what we weren’t listening to him about and if it was everything or was it just a couple of things. It’s just a given now that it was who to employ as DoF and manager. I wonder why their reps were part of the panel who interviewed the prospective managers if they were so unhappy with us ? green day made a good point on the pm board that a Foley interview in the early days suggested that they generally want clubs to run themselves without the BK being directive about the operations. So what is it Bill ? Make up your mind. Of course the big issue is IG and BK have zero credit in the bank so even if they have made the right decision in appointing SDG and MM it’s all too easy to have a go and say we should have done what Bill said. I’ve said it before I’ve zero interest in Bournemouth or the other clubs in the BK group other than what benefits Hibernian FC. So far I’ve seen very little that does. A week before the season starts and not a single player on loan from the group. Even his chat about us having £2m to spend is looking like more pish.

Maybe he is calling out the apparent flip flopping by Hibs in what the money was supposed to be used for. It looks like the money we received was for things agreed, like an indoor pitch etc, yet Kensel has spoken about pausing some of those things to plug holes in his mismanagement elsewhere, namely our budget, or lack of one, this summer.

If you were Foley and the money you gave us for long term improvements, like an indoor pitch, was potentially being used instead to cover mismanagement that pre dates him would it not be fair to call it out? I think we all agree it would have been better to have been done behind closed doors but it’s refreshing to hear from someone at Hibs. Particularly if he’s calling out the mismanagement and watching in slow motion the same mistakes, which we are all questioning the club on anyway, continuing to be made.

[jeffers]

Maybe he is calling out the apparent flip flopping by Hibs in what the money was supposed to be used for. It looks like the money we received was for things agreed, like an indoor pitch etc, yet Kensel has spoken about pausing some of those things to plug holes in his mismanagement elsewhere, namely our budget, or lack of one, this summer. If you were Foley and the money you gave us for long term improvements, like an indoor pitch, was potentially being used instead to cover mismanagement that pre dates him would it not be fair to call it out? I think we all agree it would have been better to have been done behind closed doors but it’s refreshing to hear from someone at Hibs. Particularly if he’s calling out the mismanagement and watching in slow motion the same mistakes, which we are all questioning the club on anyway, continuing to be made.Again though this pausing of infrastructure work is being taken as a given. Not seen anything to suggest it actually happened. If it is the case by all means he should be calling it out, I’d expect nothing less. However it should be happening behind closed doors. All his comments have done is further enrage supporters regarding BK and IG. I’m certainly not defending a lot of what they have been responsible for, I just fail to see any positives in Foley making the comments he did, especially without any context.

[matty_f]

Too many assumptions based on not enough fact imo. Foley didn’t get his way so throws his toys out the pram. I don’t believe for a minute we weren’t listening to him, we just chose to make our own decision. It just comes across as total arrogance imo. We don’t even know on what we weren’t listening to him about and if it was everything or was it just a couple of things. It’s just a given now that it was who to employ as DoF and manager. I wonder why their reps were part of the panel who interviewed the prospective managers if they were so unhappy with us ? green day made a good point on the pm board that a Foley interview in the early days suggested that they generally want clubs to run themselves without the BK being directive about the operations. So what is it Bill ? Make up your mind. Of course the big issue is IG and BK have zero credit in the bank so even if they have made the right decision in appointing SDG and MM it’s all too easy to have a go and say we should have done what Bill said. I’ve said it before I’ve zero interest in Bournemouth or the other clubs in the BK group other than what benefits Hibernian FC. So far I’ve seen very little that does. A week before the season starts and not a single player on loan from the group. Even his chat about us having £2m to spend is looking like more pish.
Too many assumptions followed by a post of assumptions.

[matty_f]

Again though this pausing of infrastructure work is being taken as a given. Not seen anything to suggest it actually happened. If it is the case by all means he should be calling it out, I’d expect nothing less. However it should be happening behind closed doors. All his comments have done is further enrage supporters regarding BK and IG. I’m certainly not defending a lot of what they have been responsible for, I just fail to see any positives in Foley making the comments he did, especially without any context.
That was direct to Kensell straight to long term posters in here at the Hibs First event. It’s not just been plucked from the air.

[Mikey_1875]

Anything that causes aggro , negativity or unrest at our club I do consider to be a big deal tbh .

]

This is why I can’t understand the timing of this from Foley. I know he was asked about us and it’s not a public statement but he has went well over the top with his comments here.

Fwiw I agree that Kensell and IG should be challenged and held to account for their mismanagement of the club. I was even asking the same questions myself if Gray was really the best available candidate at the time. There is definitely a time and place for it though.

To come out and try to discredit the choices of Gray and MacKay one month into their reign after their first hiccup is not the actions of someone who really cares about the club imo. The decision has been made and everyone now should be fully focused on getting right behind them to turn the ship around. Not making petulant comments in the media because he hasn’t managed to get his potentially dubious alternatives in the door.

I suppose it doesn’t really matter to him as he can drop bombshells on the club from California with little consequence. Hibs aren’t under his skin at all. I don’t give much care for Kensell and IG but Gray and Mackay now need to pick up the pieces of an even more disgruntled support at the coalface, extra work they certainly don’t need at this time.

[jeffers]

Too many assumptions followed by a post of assumptions.Well yeah that’s how it’s going with all this Foley stuff, you’ve done it yourself with some of your posts.

[jeffers]

That was direct to Kensell straight to long term posters in here at the Hibs First event. It’s not just been plucked from the air.I never said that. I know where it came from. I’m saying we don’t know if it happened or not, but if it did I’d expect Foley to raise that with the rest of the board.

[JohnM1875]

I never said that. I know where it came from. I’m saying we don’t know if it happened or not, but if it did I’d expect Foley to raise that with the rest of the board.

Surely if it hasn't happened we need to ask questions as to why it hasn't after our CEO said it would?

He shouldn't be going about lying to fans at a club event.

[Paulie Walnuts]

He is a minority shareholder , is he not ? And he knew who was in charge when he got on board , who had the final say on decisions . The Gordon's Own our club that's the reality ! .

Was it Ian Gordon's decision , you know this for sure ? Or was it after LISTENING to Foley's suggestions on Mackay and Grays positions that the Hibs board maybe unanimously agreed to go for both Mackay and Gray instead of their options because of their knowledge of the Scottish game which their quite entitled to do .

Of course he should have an opinion though that opinion should be used in boardroom meetings and not him blabbing publicly to the press .

Whatever Mackay and Gray think , it's not what the club needed and has probably caused some friction within the club and given other rival clubs fans something further to gloat on .

Gray and Mackay hopefully will just get on with it and brush it to one side though its not really helped in anyway especially after the Kelty result.

Again I will say I think Foley's handled even if he has concerns the whole thing very badly.

You’ve no idea if it’s helped though, do you? If it makes Ian Gordon and Ben Kensell sit up and realise they could do with some help, rather than continuing to fail then it will absolutely have helped.

As for was it Ian Gordon’s decision.. I mean come on eh. You actually think Ian Gordon hasn’t been involved in any of these decisions? but yes, they were certainly involved in the decisions, the statements when appointments were made make that very clear.

[matty_f]

Well yeah that’s how it’s going with all this Foley stuff, you’ve done it yourself with some of your posts.

I’ve done it loads. :agree:

[matty_f]

This is why I can’t understand the timing of this from Foley. I know he was asked about us and it’s not a public statement but he has went well over the top with his comments here.

Fwiw I agree that Kensell and IG should be challenged and held to account for their mismanagement of the club. I was even asking the same questions myself if Gray was really the best available candidate at the time. There is definitely a time and place for it though.

To come out and try to discredit the choices of Gray and MacKay one month into their reign after their first hiccup is not the actions of someone who really cares about the club imo. The decision has been made and everyone now should be fully focused on getting right behind them to turn the ship around. Not making petulant comments in the media because he hasn’t managed to get his potentially dubious alternatives in the door.

I suppose it doesn’t really matter to him as he can drop bombshells on the club from California with little consequence. Hibs aren’t under his skin at all. I don’t give much care for Kensell and IG but Gray and Mackay now need to pick up the pieces of an even more disgruntled support at the coalface, extra work they certainly don’t need at this time.

I’m told that the details were briefed from Hibs’ side, not Foley’s.

[Since452]

Based on Kensell and Gordon having a proven abysmal track record I'm inclined to side with Foley's opinion on listening to advice. Still, it's not great PR though.

[matty_f]

Based on Kensell and Gordon having a proven abysmal track record I'm inclined to side with Foley's opinion on listening to advice. Still, it's not great PR though.

I don’t think anyone comes out of it well.

[hibeerealist]

Because nobody asked him doesn't mean he couldn't have came out with and said something before the Kelty game if he wasn't happy . Which would have also been wrong imo .His 6 million investment made him a minority shareholder in the club , the Gordon's are the majority shareholders and the owners of our football club who make the final decisions, Foley knew this when he got on board . Though now he seems to spitting his dummy out of his pram because we didn't appoint who he wanted , stating that he's not been listened to which quite frankly might not be true in , maybe we did and just decided Mackay and Gray where potentially better options. Who where his options for both roles btw ?.You say it's a good thing and not bad thing , personally I think it's the last thing we needed after a extremely bad result and only causes unrest in both Mackay and Gray know they weren't really wanted now . As a shareholder he should deal with any issues he has in the boardroom which would have been the proper way of dealing with it rather than mouthing to the press .It's poor stuff from Foley.You, nor anybody out with those involved in the deal, know what was agreed between the parties.

[Trinity Hibee]

Foley !!! : put up or shut up.

He has put up 😂😂

[Paulie Walnuts]

Foley !!! : put up or shut up.

He’s literally paid £6m (which btw, would appear way over the odds I’d have thought) less than half a year ago.

[Mikey_1875]

I’m told that the details were briefed from Hibs’ side, not Foley’s.

I think it’s fair to say even before the EEN article that Foley wasn’t exactly talking about the colour scheme for the new hospitality suite, as amusing as that would be!

You’re right though. Details of what (if any) alternatives were offered and what the breakdown in communication has been are sketchy on both ends. Which you’ve rightly pointed out in other posts is a big failure in itself so early into the partnership. It’s Gray and MacKay I feel sorry for in this.

[jeffers]

You, nor anybody out with those involved in the deal, know what was agreed between the parties.What was posted though is what was communicated at the AGM. The Gordon family would retain the final say.

[Corstorphine Hibby]

Too many assumptions followed by a post of assumptions.

Steve Carell shouting 'loud noises' in the Anchorman film is forming an image in my mind when reading this thread.

[hibeerealist]

He's a billionaire, but worried about his "fun" investment in us? Nah, he's just peeved that as a minority shareholder he isn't being allowed to dictate how we do business so as to suit his hair brained multi-club model designed for the benefit of one club. Ask Lorient fans what they think of his scheme and how much benefit they've got from being part of it.Hibs really need to clear this up but I suspect they won't, what we have now is a group of folk ( no idea how big or small within the Hibs support) running about slagging an investor who has answered a question to a journalist.What has he advised and why was it ignored, we really need to know as it may be that one party has broken an agreed strategy/understanding and this could well damage the relationship going forward which ain't good for Hibs!

[Ozyhibby]

Too many assumptions based on not enough fact imo. Foley didn’t get his way so throws his toys out the pram. I don’t believe for a minute we weren’t listening to him, we just chose to make our own decision. It just comes across as total arrogance imo. We don’t even know on what we weren’t listening to him about and if it was everything or was it just a couple of things. It’s just a given now that it was who to employ as DoF and manager. I wonder why their reps were part of the panel who interviewed the prospective managers if they were so unhappy with us ? green day made a good point on the pm board that a Foley interview in the early days suggested that they generally want clubs to run themselves without the BK being directive about the operations. So what is it Bill ? Make up your mind. Of course the big issue is IG and BK have zero credit in the bank so even if they have made the right decision in appointing SDG and MM it’s all too easy to have a go and say we should have done what Bill said. I’ve said it before I’ve zero interest in Bournemouth or the other clubs in the BK group other than what benefits Hibernian FC. So far I’ve seen very little that does. A week before the season starts and not a single player on loan from the group. Even his chat about us having £2m to spend is looking like more pish.

Maybe the appointment of Mackay and Gray has frozen up the money and loans? If so, then it was a ‘bold’ decision to go ahead anyway by Gordon and Kensall.


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[hibeerealist]

What was posted though is what was communicated at the AGM. The Gordon family would retain the final say.I get that however what gets put to the public is not always exactly how things are. WHY did Hibs encourage this investment, whilst labelled a minority but is a huge amount of money, if not to get input from the BK's?IF they did it solely for the money (Hibs) then we should be very worried.

[JimBHibees]

Again though this pausing of infrastructure work is being taken as a given. Not seen anything to suggest it actually happened. If it is the case by all means he should be calling it out, I’d expect nothing less. However it should be happening behind closed doors. All his comments have done is further enrage supporters regarding BK and IG. I’m certainly not defending a lot of what they have been responsible for, I just fail to see any positives in Foley making the comments he did, especially without any context.

Completely agree about Foleys comment? Why

[007]

Foley did know the situation and knew it was 1 of the SFA stipulations of them agreeing to it.

Foley explained how he has no plans to involve himself in the management of the club as he revealed the timeline it took to get the deal done with Hibs as well as the plan moving forward to help Nick Montgomery's side push up the Premiership table consistently.

"We're not going to be involved in management and we made that very clear to the Scottish FA," Mr Foley told BBC Sport. "We also made it clear to the Gordon family. They have a majority interest, they want to continue with that majority interest but they'd like to have an affiliation. That's how it really evolved."

Taken from here: https://www.footballscotland.co.uk/spfl/scottish-premiership/bill-foley-breaks-hibs-silence-28540954

[CropleyWasGod]

Foley !!! : put up or shut up.

He's done the first :wink:

[Ringothedog]

Maybe the appointment of Mackay and Gray has frozen up the money and loans? If so, then it was a ‘bold’ decision to go ahead anyway by Gordon and Kensall.


Sent from my iPhone using Tapatalk

It’s the clubs money and has already been paid. There is nothing to “hold up”. There is only one loan and that is Scottish Government loan which is still being repaid. After the first and second share issues we are about £14m better off

[Hibeesforever]

It’s the clubs money and has already been paid. There is nothing to “hold up”. There is only one loan and that is Scottish Government loan which is still being repaid. After the first and second share issues we are about £14m better off

The foley money is not a loan, it bought shares...Foley is looking for a dividend.!

[CropleyWasGod]

The foley money is not a loan, it bought shares...Foley is looking for a dividend.!

We don't pay dividends.

[darwenhibby]

Was Foley not asked for a comment shortly after knowing the result?
Speaks his mind like we all do
The after a few days we start thinking more positively again.
All looking what’s best for Hibs.
Maybe some of his advice has not been listened to and he’s peed off at 2 things like the rest of us.
His is the result and his advice not being taken on board.
As fans ours is the result and lack of improvement to the squad in certain areas. Re Strikers
We could be in discussions with some quality players that will lift us but they might be seeing what else is on offer.
As some poster said above few milliemetres and we all might not have been having anything to moan about.

[Donegal Hibby]

This is why I can’t understand the timing of this from Foley. I know he was asked about us and it’s not a public statement but he has went well over the top with his comments here.

Fwiw I agree that Kensell and IG should be challenged and held to account for their mismanagement of the club. I was even asking the same questions myself if Gray was really the best available candidate at the time. There is definitely a time and place for it though.

To come out and try to discredit the choices of Gray and MacKay one month into their reign after their first hiccup is not the actions of someone who really cares about the club imo. The decision has been made and everyone now should be fully focused on getting right behind them to turn the ship around. Not making petulant comments in the media because he hasn’t managed to get his potentially dubious alternatives in the door.

I suppose it doesn’t really matter to him as he can drop bombshells on the club from California with little consequence. Hibs aren’t under his skin at all. I don’t give much care for Kensell and IG but Gray and Mackay now need to pick up the pieces of an even more disgruntled support at the coalface, extra work they certainly don’t need at this time.

Considering Mackay was appointed on I think the 14 May and Gray on something like the 6 of June , Foley's certainly taken his time in coming out and saying he's not happy about their appointments.

Wonder if we had won against Kelty would there have been any mention of this at all and would he have waited until our next defeat before voicing his opinions when asked ? .

I'm no fan of Kensell and know Ian Gordon has made mistakes and I've have no issues with Foley challenging them at boardroom level whatsoever . Maybe that's needed though..

It's the timing and the manner he's done it which I think hasn't helped the club and has only added more fuel to the fire when we should be going into the new season as a fan base united rather than having something else that's now dividing us .

It's a situation I'd expect a successful business man like Foley and the BKs to sort out in a professional manner at meetings rather than publicly airing there views to the media after this length of time .

In truth , I think Foley's comments haven't been helpful and are extremely disappointing .

[NC1875]

Considering Mackay was appointed on I think the 14 May and Gray on something like the 6 of June , Foley's certainly taken his time in coming out and saying he's not happy about their appointments.

Wonder if we had won against Kelty would there have been any mention of this at all and would he have waited until our next defeat before voicing his opinions when asked ? .

I'm no fan of Kensell and know Ian Gordon has made mistakes and I've have no issues with Foley challenging them at boardroom level whatsoever . Maybe that's needed though..

It's the timing and the manner he's done it which I think hasn't helped the club and has only added more fuel to the fire when we should be going into the new season as a fan base united rather than having something else that's now dividing us .

It's a situation I'd expect a successful business man like Foley and the BKs to sort out in a professional manner at meetings rather than publicly airing there views to the media after this length of time .

In truth , I think Foley's comments haven't been helpful and are extremely disappointing .

Foleys never said he didn’t want Gray or Mackay. That’s all speculation. All he’s said is the Gordon’s haven’t been listening to him. Now we’ve suffered yet another embarrassing defeat, he’s stated maybe they’ll listen to him now.

We don’t know what he’s talking about. He could’ve said go and spend 1 million pound on a striker. And Ian Gordon thinks he can get better (like Vente ) for 700k.

We don’t know. Like I said earlier, it’s not a big deal.

What it does show is that Ian Gordon and Ben Kensell are even more incompetent than we already knew. They made the deal. Clowns

[TrinityHFC]

Considering Mackay was appointed on I think the 14 May and Gray on something like the 6 of June , Foley's certainly taken his time in coming out and saying he's not happy about their appointments. Wonder if we had won against Kelty would there have been any mention of this at all and would he have waited until our next defeat before voicing his opinions when asked ? .I'm no fan of Kensell and know Ian Gordon has made mistakes and I've have no issues with Foley challenging them at boardroom level whatsoever . Maybe that's needed though..It's the timing and the manner he's done it which I think hasn't helped the club and has only added more fuel to the fire when we should be going into the new season as a fan base united rather than having something else that's now dividing us .It's a situation I'd expect a successful business man like Foley and the BKs to sort out in a professional manner at meetings rather than publicly airing there views to the media after this length of time .In truth , I think Foley's comments haven't been helpful and are extremely disappointing .I’ve got investor directors on my board at work. They are forever saying that they aren’t listened to. In reality they are but sometimes the wider board disagrees. They still get on with supporting the business, helping with their wider connections etc. They wouldn’t be public in saying stuff like this though which is where it is disappointing. He is a board member and is part of collective decision making whether he is totally on board with every decision or not.

[jeffers]

Foley did know the situation and knew it was 1 of the SFA stipulations of them agreeing to it.Foley explained how he has no plans to involve himself in the management of the club as he revealed the timeline it took to get the deal done with Hibs as well as the plan moving forward to help Nick Montgomery's side push up the Premiership table consistently."We're not going to be involved in management and we made that very clear to the Scottish FA," Mr Foley told BBC Sport. "We also made it clear to the Gordon family. They have a majority interest, they want to continue with that majority interest but they'd like to have an affiliation. That's how it really evolved."Taken from here: https://www.footballscotland.co.uk/spfl/scottish-premiership/bill-foley-breaks-hibs-silence-28540954No doubt the response will be that we asked for his input but that article seems pretty clear about what he wasn’t going to do. So what’s he getting annoyed about ???

[Lago]

You’ve no idea if it’s helped though, do you? If it makes Ian Gordon and Ben Kensell sit up and realise they could do with some help, rather than continuing to fail then it will absolutely have helped.As for was it Ian Gordon’s decision.. I mean come on eh. You actually think Ian Gordon hasn’t been involved in any of these decisions? but yes, they were certainly involved in the decisions, the statements when appointments were made make that very clear.The silence from Ian Gordon and Ben Kensell is deafening, not even a throw away comment from Kensell who's not renowned for shyness.

[cabbageandribs1875]

where the **** are you Ian Gordon :sofa:

[matty_f]

No doubt the response will be that we asked for his input but that article seems pretty clear about what he wasn’t going to do. So what’s he getting annoyed about ???

He’s annoyed that the owners that wanted to be part of the multi club model decided against it after he’s put his money in, maybe.

Or that he was asked for help and it was ignored.

Or maybe he’s not that annoyed and he’s making the point that he offered advice and we didn’t take it.

He’s not saying we had to, or that Ian Gordon had to take his advice on board, he’s been consistent that responsibility and the decision making sits with the current owners, I don’t think it’s the fact that Gordon could do as he pleases that is the issue, I think it looks more likely that he thought the decisions didn’t stack up against his recommendation based on the plans for the club.

[Donegal Hibby]

Foleys never said he didn’t want Gray or Mackay. That’s all speculation. All he’s said is the Gordon’s haven’t been listening to him. Now we’ve suffered yet another embarrassing defeat, he’s stated maybe they’ll listen to him now.

We don’t know what he’s talking about. He could’ve said go and spend 1 million pound on a striker. And Ian Gordon thinks he can get better (like Vente ) for 700k.

We don’t know. Like I said earlier, it’s not a big deal.

What it does show is that Ian Gordon and Ben Kensell are even more incompetent than we already knew. They made the deal. Clowns

Foley didn't want Mackay and had an alternative choice to Gray which would suggest he didn't want him either . Maybe it is speculation but so is the part that Hibs haven't been listening to him too , how do we know they didn't listen to him? .

But decided at boardroom level to make the decision to appoint both Mackay and Gray ....Which they have every right to do btw .

Again who are these candidates Foley has put forward ?.

I don't know who the clown is in this deal as it's been said over and over again that the Gordon's are the majority shareholders / owners of the club and will make the final decisions .

Did Foley really expect to buy 25% of our club and come in and start running it ? , have us with a similar coach , playing style and similar types of players as the other teams in the group because it all suits him for Bournemouth's sake ?

Fair enough if you don't think it's a big deal . I don't share your views on that though 👍


https://www.edinburghnews.scotsman.com/sport/football/hibs/revealed-hibs-decisions-that-prompted-ruthless-billionaire-backers-incendiary-intervention-4712133

[MagicSwirlingShip]

Are we just taking the Evening News story as gospel then?

[jeffers]

He’s annoyed that the owners that wanted to be part of the multi club model decided against it after he’s put his money in, maybe. Or that he was asked for help and it was ignored. Or maybe he’s not that annoyed and he’s making the point that he offered advice and we didn’t take it. He’s not saying we had to, or that Ian Gordon had to take his advice on board, he’s been consistent that responsibility and the decision making sits with the current owners, I don’t think it’s the fact that Gordon could do as he pleases that is the issue, I think it looks more likely that he thought the decisions didn’t stack up against his recommendation based on the plans for the club.Lot of assumptions there 😜

[ancient hibee]

The silence from Ian Gordon and Ben Kensell is deafening, not even a throw away comment from Kensell who's not renowned for shyness.I’d like to think that Gordon and Kensall know that having a row in the newspapers is not very sensible.

[JimBHibees]

Are we just taking the Evening News story as gospel then?

Likely to reflect Hibs position

[matty_f]

Lot of assumptions there 😜

I told you I did lots. 😄

[Coco Bryce]

Are we just taking the Evening News story as gospel then?

They just copied it from somewhere else as they usually do.

[MagicSwirlingShip]

I told you I did lots. 😄

Your keyboard has took an absolute hammering 😂😂😂

[Eyrie]

There have been three big decisions that we know of.

1 - Sacking Montgomery. There's a rumour that the BKs wanted him kept on and players signed who were better suited to how he tried to play.
2 - Appointing Mackay. Reasonable to assume that the BKs had their own candidate. Without knowing who, difficult to take a side.
3 - Appointing Gray. Reasonable to assume the BKs had their own candidate. Without knowing who, difficult to take a side.

I think most of us would agree Hibs got the first one right given the results and performances.

On the other two, I can understand why the Hibs board wanted someone with recent experience of Scottish football after Johnson and Montgomery for at least one of the positions. And it's a bit early for Foley to be complaining until he sees if those choices work out.

[FitbaFolkKen]

There have been three big decisions that we know of.

1 - Sacking Montgomery. There's a rumour that the BKs wanted him kept on and players signed who were better suited to how he tried to play.
2 - Appointing Mackay. Reasonable to assume that the BKs had their own candidate. Without knowing who, difficult to take a side.
3 - Appointing Gray. Reasonable to assume the BKs had their own candidate. Without knowing who, difficult to take a side.

I think most of us would agree Hibs got the first one right given the results and performances.

On the other two, I can understand why the Hibs board wanted someone with recent experience of Scottish football after Johnson and Montgomery for at least one of the positions. And it's a bit early for Foley to be complaining until he sees if those choices work out.

It may be more simple than the above. Mackay said something recently about only getting players from Bournemouth if they were what we were looking for. Could it simply be we’ve been offered a player/players and knocked them back. Foley effectively saying if you had taken the loan that wouldn’t have happened.


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[B.H.F.C]

It may be more simple than the above. Mackay said something recently about only getting players from Bournemouth if they were what we were looking for. Could it simply be we’ve been offered a player/players and knocked them back. Foley effectively saying if you had taken the loan that wouldn’t have happened.


Sent from my iPhone using Tapatalk

With the comments from McKay, I’m positive we’ve turned down a player or players offered to us by them.

[McHibby]

My heart sank as soon as I saw the headline on the BBC. Foley's lack of professionalism reflects badly on him and, much more importantly, reflects badly on Hibs.

The fact that info about boardroom disagreements has been made public by a significant shareholder, who is an experienced business person, absolutely boggles my brain.

Surely he must have known this could only harm Hibs. From a PR perspective it looks awful and it indicates to the outside world that we are a bit of a basket case... at the very point in the year that we will be attempting to promote ourselves as an attractive option to prospective players.

Also, "Our goal is to have similar coaching, similar playing styles, and similar players that can progress through our system." Separate teams, in very different leagues, based in separate countries, but they want to apply a blanket methodology across them all? I find that worrying.

[Forza Fred]

I’m disappointed we are in the media for a boardroom disagreement, but not looking for rusty razor blades about it.

Boardroom disagreements are common place, but rarely made public as the Board know it is in the organisation’s interests to present a United front.

Foley bought his shares and is perfectly entitled to try and steer the organisation in a way he wants, just as the remaining board members are to oppose the way he wants to go.

That’s exactly what the remainder of the board seem to have done, and good on ‘em.

What I AM concerned about though, is that with 12 days to go to the start of the league season and knowing full well that the squad we had last season was simply not good enough, we have done little to strengthening it.

I think Foley’s arrogant and unprofessional comments will be the least of our worries if we don’t make a few signings in a hurry.

[DinkyTwo]

Boardroom disagreements are common place, but rarely made public as the Board know it is in the organisation’s interests to present a United front.


This is the big red flag for me.

It's only a few comments, but the ripple effect is large and I imagine he knows that.

Is making a snide remark after a defeat good for Hibs, or does it reinforce the 'feel bad factor' and put Foley in a greater position of power?

We should listen to the BK's more... Great well, that's vague enough to mean anything they could possibly offer advice on in future whilst allow the fans to criticise Hibs for whatever we feel they might've not listened to.

I'd be inclined to trust BF's judgement less after this, not more. Unless he wants to fully take over and live / die by every decision.

Sent from my Pixel 7 Pro using Tapatalk

[CentreLine]

My heart sank as soon as I saw the headline on the BBC. Foley's lack of professionalism reflects badly on him and, much more importantly, reflects badly on Hibs.

The fact that info about boardroom disagreements has been made public by a significant shareholder, who is an experienced business person, absolutely boggles my brain.

Surely he must have known this could only harm Hibs. From a PR perspective it looks awful and it indicates to the outside world that we are a bit of a basket case... at the very point in the year that we will be attempting to promote ourselves as an attractive option to prospective players.

Also, "Our goal is to have similar coaching, similar playing styles, and similar players that can progress through our system." Separate teams, in very different leagues, based in separate countries, but they want to apply a blanket methodology across them all? I find that worrying.

I too find the comments in your last paragraph worrying. It suggests to me that the only club, in this pyramid, that matters is Bournemouth. It looks to me like Mr Foley only sees his other investments as a place to develop potential. Sees Hibs, along with the others, like we would view our youth set up, only on a much larger scale. I do hope this is not the case but it is very concerning.

[Onion]

I’m disappointed we are in the media for a boardroom disagreement, but not looking for rusty razor blades about it.

Boardroom disagreements are common place, but rarely made public as the Board know it is in the organisation’s interests to present a United front.

Foley bought his shares and is perfectly entitled to try and steer the organisation in a way he wants, just as the remaining board members are to oppose the way he wants to go.

That’s exactly what the remainder of the board seem to have done, and good on ‘em.

What I AM concerned about though, is that with 12 days to go to the start of the league season and knowing full well that the squad we had last season was simply not good enough, we have done little to strengthening it.

I think Foley’s arrogant and unprofessional comments will be the least of our worries if we don’t make a few signings in a hurry.

If this was against a background of Hibs doing well and being well run, think we'd all be relaxed about the Board doing its own thing. But it's not. What we have is a new, significant shareholder scrutinising decisions of the faltering regime, and openly questioning them (albeit not in the best way). I've no problem with that if it forces everyone to the club from Ian Gordon to David Gray to up their game, starting with recruiting quality players ahead of the new season. Fail at that, and they can all expect a public kick in from Foley.

[The Baldmans Comb]

But what has happened to the £6m raised from the share issue. That would be my question if I was Mr Foley rather than a wee strop that he isnae listened to.

[ekhibee]

If this was against a background of Hibs doing well and being well run, think we'd all be relaxed about the Board doing its own thing. But it's not. What we have is a new, significant shareholder scrutinising decisions of the faltering regime, and openly questioning them (albeit not in the best way). I've no problem with that if it forces everyone to the club from Ian Gordon to David Gray to up their game, starting with recruiting quality players ahead of the new season. Fail at that, and they can all expect a public kick in from Foley.

Yep, that's my thinking as well.

[Onion]

I too find the comments in your last paragraph worrying. It suggests to me that the only club, in this pyramid, that matters is Bournemouth. It looks to me like Mr Foley only sees his other investments as a place to develop potential. Sees Hibs, along with the others, like we would view our youth set up, only on a much larger scale. I do hope this is not the case but it is very concerning.

This must have been thrashed out right at the start of talks between Hibs and Foley. There should be no room for misunderstanding on such a key issue. It may just be that Hibs and Foley's priorities are not aligned at this moment in time.

[Hibernian Verse]

This is the big red flag for me.

It's only a few comments, but the ripple effect is large and I imagine he knows that.

Is making a snide remark after a defeat good for Hibs, or does it reinforce the 'feel bad factor' and put Foley in a greater position of power?

We should listen to the BK's more... Great well, that's vague enough to mean anything they could possibly offer advice on in future whilst allow the fans to criticise Hibs for whatever we feel they might've not listened to.

I'd be inclined to trust BF's judgement less after this, not more. Unless he wants to fully take over and live / die by every decision.

Sent from my Pixel 7 Pro using Tapatalk

It could also just be bullying tactics to try and get more influence than he currently has. I'm sure he hasn't got to where he is by playing nice.

As soon as he publicly calls out the board for not listening he is opening them up to exactly what has happened on here since, especially after the Kelty game, then they are under pressure to justify their actions either publicly or at boardroom level. It's very smart really.

[superfurryhibby]

But what has happened to the £6m raised from the share issue. That would be my question if I was Mr Foley rather than a wee strop that he isnae listened to.

Is this not the burning issue?

There was supposed to be money earmarked for transfers. Maybe there still is?

Where is the six-eight million pounds? If I were Foley and had expectations around what that money was to be used for (obviously in part it has been used for paying off the debt accrued by the incompetents), then if the goals were shifted. Wouldn't that cause a rift?

So far we have signed a keeper on loan and two guys who footballing background suggest they would have been within our reach without any investment. That leads me to wonder where the money has gone.

[McGruber]

Massive squad in January and we add 7 to it including the high ticket items of Marcondes and Myziane plus Bournemouth's contingent....BK investment £6 mill in Feb, £5 mill Gordon debt for equity in Feb and the Board share investment £2.2 mill in June....We now have a much smaller squad (still fairly sizeable, imbalanced and players that don't contribute needing shifted)We spent £2 mill in Fees alone last summer before any investment...Not sure how we are now apparently needing to shift more out/sell Youan to raise funds from there.Appreciate some cash spent in Jan ahead of time and it costs a bit to offload some players, but still.

[matty_f]

I too find the comments in your last paragraph worrying. It suggests to me that the only club, in this pyramid, that matters is Bournemouth. It looks to me like Mr Foley only sees his other investments as a place to develop potential. Sees Hibs, along with the others, like we would view our youth set up, only on a much larger scale. I do hope this is not the case but it is very concerning.

He definitely does see it as way to develop players but that process also involves making Hibs much better along the way.
I’m not worried if he wants us to play in a similar way to Bournemouth, we played them last pre-season and they took 5 off us - they’d take 5 off of most teams in our league.

[matty_f]

Is this not the burning issue?

There was supposed to be money earmarked for transfers. Maybe there still is?

Where is the six-eight million pounds? If I were Foley and had expectations around what that money was to be used for (obviously in part it has been used for paying off the debt accrued by the incompetents), then if the goals were shifted. Wouldn't that cause a rift?

So far we have signed a keeper on loan and two guys who footballing background suggest they would have been within our reach without any investment. That leads me to wonder where the money has gone.

I do wonder if there’s an element of that. We should keep in mind that the Malky/SDG disagreements were put to the press by Hibs so we have no idea of there’s more to it than that.
What we do know is that there was a full presentation on what the money was going to be used for, and so far there’s only really been noise from the club about the Famous Five redevelopment.

If you look at Foley’s priorities at Bournemouth, he got the team of people that he wanted in and then started work asap on a world class training centre and a new stadium on the way. In his interviews he often mentions having the best facilities as a key part of the strategy.


What is clear, imho, is that these guys all need to speak to each other asap to get this resolved in the best interests of the club. It does nobody any good to have these sort of issues rumbling on.

[matty_f]

This must have been thrashed out right at the start of talks between Hibs and Foley. There should be no room for misunderstanding on such a key issue. It may just be that Hibs and Foley's priorities are not aligned at this moment in time.

That’s where I struggle with the situation.

At some point there has to have been a plan to take Hibs from where we were at the point of investment, to the point where we’re fully integrated into the group with everyone getting the benefits/drawbacks of that arrangement.

Those steps would have been (or at the very least should have been) mapped out clearly, and I think that’s where the disconnect has come.


And that goes both ways, if Gordon has acted in line with what’s been agreed and Foley’s surprised by this then that’s on him. He himself said about Gordon having full control.

[KeithWright9]

Is this not the burning issue?There was supposed to be money earmarked for transfers. Maybe there still is? Where is the six-eight million pounds? If I were Foley and had expectations around what that money was to be used for (obviously in part it has been used for paying off the debt accrued by the incompetents), then if the goals were shifted. Wouldn't that cause a rift?So far we have signed a keeper on loan and two guys who footballing background suggest they would have been within our reach without any investment. That leads me to wonder where the money has gone.Exactly... money? What money? So far, it would appear to me, St Mirren have done better in the transfer market and they are operating on a different budget to us.

[GreenGray]

There’s the ‘knowledge of Scottish football’ thing again. [emoji23]
How much knowledge did Postecoglu have?


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Postecoglu was managing Celtic. Who was the last manager at us, Hearts or Aberdeen that came in with no knowledge of Scottish football and done well?


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[Hibernian Verse]

Exactly... money? What money? So far, it would appear to me, St Mirren have done better in the transfer market and they are operating on a different budget to us.

They've lost two Australian internationals and replaced them with Shaun Rooney and Adeniran who has played 9 games in 2 years and struggled to get in the side that finished bottom of the Israeli league.

If Hibs signed the latter there would be serious questions being asked of the recruitment team.

[GreenGray]

They just copied it from somewhere else as they usually do.

From where? It was an exclusive, highly likely it’s came straight from the club.


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[Brightside]

I'm told it was Ben Foley that designed the 3rd strip.

[Alex Trager]

He definitely does see it as way to develop players but that process also involves making Hibs much better along the way.
I’m not worried if he wants us to play in a similar way to Bournemouth, we played them last pre-season and they took 5 off us - they’d take 5 off of most teams in our league.

That needs to be caveated by the fact he’s invested £6M into our club and he’s bought something like £100-200M worth of players at Bourne.

If he gives us £100M, sure. Lets play the Bournemouth way.

[Tyler Durden]

But what has happened to the £6m raised from the share issue. That would be my question if I was Mr Foley rather than a wee strop that he isnae listened to.

Considering he sits on the board I think Foley will be well aware of what has happened or will happen to the £6m.

[Ringothedog]

But what has happened to the £6m raised from the share issue. That would be my question if I was Mr Foley rather than a wee strop that he isnae listened to.

As a director of the club all he would need to do is ask that question. I am sure the financial position would be discussed at every board meeting

[jeffers]

That’s where I struggle with the situation. At some point there has to have been a plan to take Hibs from where we were at the point of investment, to the point where we’re fully integrated into the group with everyone getting the benefits/drawbacks of that arrangement. Those steps would have been (or at the very least should have been) mapped out clearly, and I think that’s where the disconnect has come. And that goes both ways, if Gordon has acted in line with what’s been agreed and Foley’s surprised by this then that’s on him. He himself said about Gordon having full control.I’d love to know what being fully integrated into the group looks like in Foley’s mind. I keep harking back to it, but his comments about us not listening to him need context. All we’ve got to go on is the suggestion that we ignored who he wanted as DoF and manager and if it was that then as I’ve said before it’s at odds with what he said about clubs in the group having full control. He said the same regarding Lorient not listening. It comes across to me as him looking to exert control.

[Donegal Hibby]

My heart sank as soon as I saw the headline on the BBC. Foley's lack of professionalism reflects badly on him and, much more importantly, reflects badly on Hibs.

The fact that info about boardroom disagreements has been made public by a significant shareholder, who is an experienced business person, absolutely boggles my brain.

Surely he must have known this could only harm Hibs. From a PR perspective it looks awful and it indicates to the outside world that we are a bit of a basket case... at the very point in the year that we will be attempting to promote ourselves as an attractive option to prospective players.

Also, "Our goal is to have similar coaching, similar playing styles, and similar players that can progress through our system." Separate teams, in very different leagues, based in separate countries, but they want to apply a blanket methodology across them all? I find that worrying.

Agree with all of this and last paragraph is concerning too ... Sounds like Foley is abit of a dictator who wants clubs to do what he wants rather than what the owners want ..

https://www.dailyrecord.co.uk/sport/football/billy-foley-shouldnt-calling-hibs-33310114

[Paulie Walnuts]

I do wonder if there’s an element of that. We should keep in mind that the Malky/SDG disagreements were put to the press by Hibs so we have no idea of there’s more to it than that.
What we do know is that there was a full presentation on what the money was going to be used for, and so far there’s only really been noise from the club about the Famous Five redevelopment.

If you look at Foley’s priorities at Bournemouth, he got the team of people that he wanted in and then started work asap on a world class training centre and a new stadium on the way. In his interviews he often mentions having the best facilities as a key part of the strategy.


What is clear, imho, is that these guys all need to speak to each other asap to get this resolved in the best interests of the club. It does nobody any good to have these sort of issues rumbling on.

I’m not sure if I’m misinterpreting your post here, but it was Hibs that leaked that Foley wasn’t happy that Hibs weren’t listening? Or is this a different matter?

[green day]

It comes across to me as him looking to exert control.Which he could, of course, have if they had a majority ownership................but they dont. Its not normal for someone of his experience to throw a hissy fit about something like this.

[ChilliEater]

I’m not sure if I’m misinterpreting your post here, but it was Hibs that leaked that Foley wasn’t happy that Hibs weren’t listening? Or is this a different matter?

No - Foley came out with the not listening bit. The suggestion is that the evening news article saying that Foley and the BK group didn't want MM or SDG would have come from Hibs.

[Paulie Walnuts]

No - Foley came out with the not listening bit. The suggestion is that the evening news article saying that Foley and the BK group didn't want MM or SDG would have come from Hibs.

:aok:

I await the gnashing of teeth about Hibs putting unnecessary pressure on Gray and Mackay then, seeing as that’s what was aimed at Foley despite the fact he never mentioned them.

[Brightside]

I’d love to know what being fully integrated into the group looks like in Foley’s mind. I keep harking back to it, but his comments about us not listening to him need context. All we’ve got to go on is the suggestion that we ignored who he wanted as DoF and manager and if it was that then as I’ve said before it’s at odds with what he said about clubs in the group having full control. He said the same regarding Lorient not listening. It comes across to me as him looking to exert control.

Foley expects to take more control of Hibs in time (once it is allowed). He expects Hibs to be in his pyramid of teams. None of this is news. If the current owner didn't want to be part of that it's utterly mental to play with the big boy in the first place. Bournemouth aren't getting in bed with Hibs to try and steal some IP. They want to use the club to their benefit by making it a development team of the group. The expectation is Hibs should get better by doing that.

If the Fans don't want that.....then we just need to find someone with billions to buy the whole thing, who doesn't have any other football clubs. We won't find that guy. We will find another Gordon family and plod along mid table.

[DanishJohn]

I think a bit of a huge misunderstanding.Auld Bill sitting under a beautiful big American night sky getting tipsy and raising a glass to Jack.Listening to Don McLean and gettting to lala land. He's pissed off with Hibs and there's words from a song that are targeting the middle of his muddled brain.

[nickwhibs]

Stuff like this just reinforces the need for fan ownership. I know there are pros and cons to it but we need to get rid of these folk. Tom Farmer was an exception because he did it to save the club and for his community, but what’s in it for the current ownership?

[Greenworld]

Stuff like this just reinforces the need for fan ownership. I know there are pros and cons to it but we need to get rid of these folk. Tom Farmer was an exception because he did it to save the club and for his community, but what’s in it for the current ownership?No appetite for it with Hibs fans the like to moan but asked them to put there hands in their pockets and fund the club it happening.
I'm afraid you have to congratulate Hearts on that front with a large chunk of help from the investors

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[Smartie]

I'm told it was Ben Foley that designed the 3rd strip.

So just to clarify - Bill Foley has wheeched his idiot son Ben in the back door unannounced to design the strips now?

[nickwhibs]

No appetite for it with Hibs fans the like to moan but asked them to put there hands in their pockets and fund the club it happening.
I'm afraid you have to congratulate Hearts on that front with a large chunk of help from the investors

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Hearts had a perfect storm though with being about to go bust - the fans had no choice in order to save their club. I get that the appetite perhaps isn’t quite there yet but with a clear plan and building momentum it could happen imo. It could also pave to the way for future savings for fans - e.g. more affordable tickets/season tickets etc.

[Brightside]

So just to clarify - Bill Foley has wheeched his idiot son Ben in the back door unannounced to design the strips now?

Yes.

[Jones28]

No appetite for it with Hibs fans the like to moan but asked them to put there hands in their pockets and fund the club it happening.
I'm afraid you have to congratulate Hearts on that front with a large chunk of help from the investors

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Of course, they deserve the plaudits they have had for doing so, but the club was in the brink of extinction. There's no question that Hibs fans would do the same for the club.

The fact of the matter is that unless the Gordon family want out there's no prospect of fan ownership. Hibs and HSL gave us the chance but we didn't take it, for good or for ill.

[jeffers]

Foley expects to take more control of Hibs in time (once it is allowed). He expects Hibs to be in his pyramid of teams. None of this is news. If the current owner didn't want to be part of that it's utterly mental to play with the big boy in the first place. Bournemouth aren't getting in bed with Hibs to try and steal some IP. They want to use the club to their benefit by making it a development team of the group. The expectation is Hibs should get better by doing that. If the Fans don't want that.....then we just need to find someone with billions to buy the whole thing, who doesn't have any other football clubs. We won't find that guy. We will find another Gordon family and plod along mid table.It’s news to me that he’s expecting to take overall control. If the intention of the Gordon family is to sell up then why didn’t they accept offers from other interested parties who weren’t subject to the SFA rules on multi club ownership ? I hope it never happens, I’ve zero interest being bit part players to a Mickey Mouse club in the Premiership.The other point is if this his expectation that he ultimately expects to take more control then it can’t be news to the Gordon family either, so why aren’t the listening to him ? That makes no sense to me.

[McHibby]

He definitely does see it as way to develop players but that process also involves making Hibs much better along the way.
I’m not worried if he wants us to play in a similar way to Bournemouth, we played them last pre-season and they took 5 off us - they’d take 5 off of most teams in our league.


I don't mind being part of a larger group. If it benefits all parties, what's not to love?! I've only ever really seen it as a positive thing.

It's the statement about same system/ coaching/ playing styles that has thrown up a concern for me. How many of our managers have we seen persisting with a set philosophy despite not having the right type of players to carry it out? And it's never ended well.

What is appropriate for being successful in one league, isn't necessarily going to work in another league.

I think having a framework is fair enough, but there has to be room for pragmatism. A rigid application of an ideology could do more harm than good.

[wandering_hibee]

I’d love to know what being fully integrated into the group looks like in Foley’s mind. I keep harking back to it, but his comments about us not listening to him need context. All we’ve got to go on is the suggestion that we ignored who he wanted as DoF and manager and if it was that then as I’ve said before it’s at odds with what he said about clubs in the group having full control. He said the same regarding Lorient not listening. It comes across to me as him looking to exert control. I agree with this, from my reading of the situation his main aim is for Bournemouth to be as successful as possible and that means have the feeder teams playing the same way and having players ready to be able to fit seamlessly into the Bournemouth first team. Success at these other team is incidental to the overall success of the main team and so he is not too bothered about whether we win cups or not, the important thing is to play the same way and progress / develop the next first team players for Bournemouth.

[K-Zazu]

Has Foley ever been to Easter Road in his life? I think he was meant to be going to a game last year but the weather was bad or something.

[GreenCastle]

Stuff like this just reinforces the need for fan ownership. I know there are pros and cons to it but we need to get rid of these folk. Tom Farmer was an exception because he did it to save the club and for his community, but what’s in it for the current ownership?

Fan ownership can only take you so far.

Would avoid that at Hibs unless a last resort.

There is a reason more clubs aren’t fan owned.

[Paulie Walnuts]

It’s news to me that he’s expecting to take overall control. If the intention of the Gordon family is to sell up then why didn’t they accept offers from other interested parties who weren’t subject to the SFA rules on multi club ownership ? I hope it never happens, I’ve zero interest being bit part players to a Mickey Mouse club in the Premiership.The other point is if this his expectation that he ultimately expects to take more control then it can’t be news to the Gordon family either, so why aren’t the listening to him ? That makes no sense to me.

I’m surprised anybody is expecting the Gordon’s and Kensells actions on the football side of things to make sense at this point.

[Betty Boop]

Has Foley ever been to Easter Road in his life? I think he was meant to be going to a game last year but the weather was bad or something.No

[Donegal Hibby]

I agree with this, from my reading of the situation his main aim is for Bournemouth to be as successful as possible and that means have the feeder teams playing the same way and having players ready to be able to fit seamlessly into the Bournemouth first team. Success at these other team is incidental to the overall success of the main team and so he is not too bothered about whether we win cups or not, the important thing is to play the same way and progress / develop the next first team players for Bournemouth.

Agree too . Bournemouth is Foley's NO 1 priority and always will be , the rest of us are just a 2nd priority and I think some us in the group mighten even be that ! Everything about this is about Bournemouth's development .

The mention of him taking complete control of Hibs would be quite concerning . As many mistakes as the Gordon's have made ( and they have ) , I've always felt they genuinely care about the club and at this moment of time least there's someone to say no to Foley which I'm happy there is ...

As the saying goes ' better the devil you know than the devil you don't .

[Bishop Hibee]

Agree too . Bournemouth is Foley's NO 1 priority and always will be , the rest of us are just a 2nd priority and I think some us in the group mighten even be that ! Everything about this is about Bournemouth's development .

The mention of him taking complete control of Hibs would be quite concerning . As many mistakes as the Gordon's have made ( and they have ) , I've always felt they genuinely care about the club and at this moment of time least there's someone to say no to Foley which I'm happy there is ...

As the saying goes ' better the devil you know than the devil you don't .

Agree. Google what Lorient fans think about Foley and the BK. Being a feeder team for Bournemouth is a depressing thought.

[Paulie Walnuts]

Agree too . Bournemouth is Foley's NO 1 priority and always will be , the rest of us are just a 2nd priority and I think some us in the group mighten even be that ! Everything about this is about Bournemouth's development .

The mention of him taking complete control of Hibs would be quite concerning . As many mistakes as the Gordon's have made ( and they have ) , I've always felt they genuinely care about the club and at this moment of time least there's someone to say no to Foley which I'm happy there is ...

As the saying goes ' better the devil you know than the devil you don't .

What do you make of the suggestion from Matty that it was Hibs that briefed the press about Foley not being happy with the Mackay and Gray appointments?

That was your stick to beat Foley with. If it’s Hibs that have briefed them (Hibs being the Gordon’s/Kensell) then what do you make of the pressure they, and not Foley, have put on Mackay and Gray?

[Donegal Hibby]

What do you make of the suggestion from Matty that it was Hibs that briefed the press about Foley not being happy with the Mackay and Gray appointments?

That was your stick to beat Foley with. If it’s Hibs that have briefed them (Hibs being the Gordon’s/Kensell) then what do you make of the pressure they, and not Foley, have put on Mackay and Gray?

Was this before or after Foley's ' they are not listening ' remark ?

[Pagan Hibernia]

Fan ownership can only take you so far.Would avoid that at Hibs unless a last resort. There is a reason more clubs aren’t fan owned.Historically there hasn't been a huge culture or tradition of fan ownership in British football. It has tended to happen, as you say, as a last resort eg Hearts, Wimbledon etc. In other countries member owned clubs are quite prevalent. Several in Spain, most in Germany (50+1). In Argentina practically all clubs are member owned.Does your last sentence mean the model doesn't work? That's not true. Of course there's examples of it failing. But as long as there is a fully qualified, competent, professional board running the club then there is no reason why a club that's owned collectively by a supporters organisation can't be successful.

[Hibees1973]

Is this not the burning issue?There was supposed to be money earmarked for transfers. Maybe there still is? Where is the six-eight million pounds? If I were Foley and had expectations around what that money was to be used for (obviously in part it has been used for paying off the debt accrued by the incompetents), then if the goals were shifted. Wouldn't that cause a rift?So far we have signed a keeper on loan and two guys who footballing background suggest they would have been within our reach without any investment. That leads me to wonder where the money has gone.My concern is Kensell guaranteed that next year's accounts will look much better. Knows he will be held to account for this, so maybe he is looking to cut costs/player budgets to ensure the accounts do look better. Sacking another team management group and no European football, lower than expected season tickets will come at a cost. There is still another month until the end of the transfer window for better quality players costing transfer fees/wages to come in. One thing is for sure the squad just now will get nowhere near Foley's target of 3rd place.

[B.H.F.C]

My concern is Kensell guaranteed that next year's accounts will look much better. Knows he will be held to account for this, so maybe he is looking to cut costs/player budgets to ensure the accounts do look better. Sacking another team management group and no European football, lower than expected season tickets will come at a cost. There is still another month until the end of the transfer window for better quality players costing transfer fees/wages to come in. One thing is for sure the squad just now will get nowhere near Foley's target of 3rd place.

Next accounts will be up until 30th June.

[ancient hibee]

Foley expects to take more control of Hibs in time (once it is allowed). He expects Hibs to be in his pyramid of teams. None of this is news. If the current owner didn't want to be part of that it's utterly mental to play with the big boy in the first place. Bournemouth aren't getting in bed with Hibs to try and steal some IP. They want to use the club to their benefit by making it a development team of the group. The expectation is Hibs should get better by doing that. If the Fans don't want that.....then we just need to find someone with billions to buy the whole thing, who doesn't have any other football clubs. We won't find that guy. We will find another Gordon family and plod along mid table.We don’t need to find anyone else.There’s no indication that the Gordon’s want to sell to Foley. At the moment it seems that the club has benefited by £6million and given nothing in return.

[Paulie Walnuts]

Was this before or after Foley's ' they are not listening ' remark ?

I’ve no idea, I’d presume after. Not sure it really matters though. If Kensell and the Gordon’s have briefed the press on the matter you’re so unhappy about, naming the appointments of Gray and Kensell as the issue, then I’m not sure it can really be twisted to be Foleys fault.

For all the posts I’ve seen that have said they can’t see what Foley is trying to achieve here, if the Gordon’s and Kensell have genuinely briefed the press and indicated that Gray and Mackay weren’t wanted by the other owners then their stupidity is really showing no bounds.

Appoint BKFC to conduct a review, ignore said review, appoint guys that those doing the review didn’t want then heap pressure on your own choices by briefing the press of that fact. It would be staggering if we hadn’t watched the Gordon’s and Kensell **** everything up for years now.

[CL0762]

Was this before or after Foley's ' they are not listening ' remark ?

Hibs obviously briefed the EEN in response to Foley’s comments.

Foley never once mentioned what they weren’t listening to, could’ve been anything.

Hibs themselves have put pressure on DG & MM by naming them.

[CropleyWasGod]

My concern is Kensell guaranteed that next year's accounts will look much better. Knows he will be held to account for this, so maybe he is looking to cut costs/player budgets to ensure the accounts do look better. Sacking another team management group and no European football, lower than expected season tickets will come at a cost. There is still another month until the end of the transfer window for better quality players costing transfer fees/wages to come in. One thing is for sure the squad just now will get nowhere near Foley's target of 3rd place.

I think you're getting mixed up.

The accounting year has just ended. That's the year that BK said (not "guaranteed") the turnover would be higher, and the wages ratio lower, than they were for the previous year. At the time he said that (February? Whenever the AGM was), he would have known fairly accurately whether that was the case.

That has nothing to do with the budget for the coming year.

[Paulie Walnuts]

I think you're getting mixed up.

The accounting year has just ended. That's the year that BK said (not "guaranteed") the turnover wouild be higher, and the wages ratio lower, than they were for the previous year. At the time he said that (February? Whenever the AGM was), he would have known fairly accurately whether that was the case.

That has nothing to do with the budget for the coming year.

:agree:

What goes on this summer will do nothing to make the set of accounts Kensell was referring to look better as that period has now passed. Anything spent this month onwards will be two published sets of accounts away.

[nickwhibs]

Historically there hasn't been a huge culture or tradition of fan ownership in British football. It has tended to happen, as you say, as a last resort eg Hearts, Wimbledon etc. In other countries member owned clubs are quite prevalent. Several in Spain, most in Germany (50+1). In Argentina practically all clubs are member owned.Does your last sentence mean the model doesn't work? That's not true. Of course there's examples of it failing. But as long as there is a fully qualified, competent, professional board running the club then there is no reason why a club that's owned collectively by a supporters organisation can't be successful.

That’s my thinking as well - if it’s done well (from launching the initial campaign to the actual running of the club) it can certainly be a success.

[K-Zazu]

Agree too . Bournemouth is Foley's NO 1 priority and always will be , the rest of us are just a 2nd priority and I think some us in the group mighten even be that ! Everything about this is about Bournemouth's development .

The mention of him taking complete control of Hibs would be quite concerning . As many mistakes as the Gordon's have made ( and they have ) , I've always felt they genuinely care about the club and at this moment of time least there's someone to say no to Foley which I'm happy there is ...

As the saying goes ' better the devil you know than the devil you don't .

He wouldn’t be allowed full control anyway.

[wandering_hibee]

Hibs obviously briefed the EEN in response to Foley’s comments. Foley never once mentioned what they weren’t listening to, could’ve been anything. Hibs themselves have put pressure on DG & MM by naming them. I could understand it if Foley had released the information as it could help him in his ultimate objective, however if Hibs released that info then it shows a terrible lack of foresight and judgement. As you say it puts pressure on MM and DG and they have enough of that already, hopefully then cope with it and steer their way through the choppy waters.

[TrinityHFC]

He wouldn’t be allowed full control anyway.

I don’t think approval of this in due course would be impossible. Most countries now allow it and UEFA seem relaxed enough about teams competing alongside each other in Europe.

[Lago]

Has Foley ever been to Easter Road in his life? I think he was meant to be going to a game last year but the weather was bad or something.Why would he considering the way the team was playing, even Hibs fans don't want to go to ER.

[Hibees1973]

Has Foley ever been to Easter Road in his life? I think he was meant to be going to a game last year but the weather was bad or something.Surely he must have rocked up to look around before he invested. I understand £6m is pocket money for him, but for someone who owns 25% of our club and has never set foot in it is lamentable.

[K-Zazu]

I don’t think approval of this in due course would be impossible. Most countries now allow it and UEFA seem relaxed enough about teams competing alongside each other in Europe.

The SFA/SPFL whoever it is would never allow it to happen.

[TrinityHFC]

Surely he must have rocked up to look around before he invested. I understand £6m is pocket money for him, but for someone who owns 25% of our club and has never set foot in it is lamentable.

It is a big group, he has people to do that stuff.

[TrinityHFC]

The SFA/SPFL whoever it is would never allow it to happen.

That’ll be tested at some point. I don’t think it is impossible.

[Paulie Walnuts]

Surely he must have rocked up to look around before he invested. I understand £6m is pocket money for him, but for someone who owns 25% of our club and has never set foot in it is lamentable.

Does he need a physical look around?

People will buy into businesses every day to sums of much higher than £6m without necessarily travelling half way across the world to look at the work place themselves.

[Pagan Hibernia]

Does he need a physical look around?People will buy into businesses every day to sums of much higher than £6m without necessarily travelling half way across the world to look at the work place themselves.One of the things I found endearing about Ron Gordon was the genuine enthusiasm he had for the club. He insisted on spending time around the place, meeting everyone from the staff to the Community Foundation to HSL (Relations were at least cordial with them at the start). You could tell he loved being around the club and he was a breath of fresh air.I appreciate that Foley only owns 25% but showing a wee bit of an interest in his investment wouldn't kill him

[GreenPJ]

Does he need a physical look around?

People will buy into businesses every day to sums of much higher than £6m without necessarily travelling half way across the world to look at the work place themselves.

Hibs are/were the 3rd or 4th club in his footballing portfolio - clearly an area and a sport they are looking to grow in. I would have thought that within a couple of months of close then he should have made an effort to come to visit the club (even if outside of the season). I am sure with his other interests it would have taken him outside of the US in the last 6 months.

[Ozyhibby]

Agree. Google what Lorient fans think about Foley and the BK. Being a feeder team for Bournemouth is a depressing thought.

Not much chance of Hibs being a feeder team for Bournemouth with the current squad. We’d need to get significantly better for that.


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[Hibees1973]

Does he need a physical look around?People will buy into businesses every day to sums of much higher than £6m without necessarily travelling half way across the world to look at the work place themselves.I'm just a dinosaur. Here was me thinking football at our level was about passion, community and giving hope to Hibs supporters in Edinburgh and it's wider areas. Suppose the narrative at Easter Road nowadays is it's not really a big deal that someone who owns 25% of it has never set foot in the place.

[matty_f]

I’m not sure if I’m misinterpreting your post here, but it was Hibs that leaked that Foley wasn’t happy that Hibs weren’t listening? Or is this a different matter?

Hibs that briefed that it was over the Malky and SDG appointments.

[Paulie Walnuts]

Hibs that briefed that it was over the Malky and SDG appointments.

:aok:

I have no idea what the logic would be there as on the face of it, that is completely senseless.

[Donegal Hibby]

I’ve no idea, I’d presume after. Not sure it really matters though. If Kensell and the Gordon’s have briefed the press on the matter you’re so unhappy about, naming the appointments of Gray and Kensell as the issue, then I’m not sure it can really be twisted to be Foleys fault.

For all the posts I’ve seen that have said they can’t see what Foley is trying to achieve here, if the Gordon’s and Kensell have genuinely briefed the press and indicated that Gray and Mackay weren’t wanted by the other owners then their stupidity is really showing no bounds.

Appoint BKFC to conduct a review, ignore said review, appoint guys that those doing the review didn’t want then heap pressure on your own choices by briefing the press of that fact. It would be staggering if we hadn’t watched the Gordon’s and Kensell **** everything up for years now.

I'd presume it was after too , we finally agree on something 😆

I think it does matter in the Hibs board are already under pressure , the Kelty result just added to that and Foley's comments about " they aren't listening " have just added more fuel to the fire which looks like Hibs have responded too .

Your right in we don't really know for sure what the Foley issues are by him saying ' they are not listening ' . Though again we don't know if Hibs haven't listened to them and just decided on something different .

For the club to come out and mention that he didn't want Mackay and Gray could possibly fit in with his comments if true that he wants all the clubs in the group to have similar coaches , similar players and a similar style of play which might mean Mackay and Gray weren't what he wanted.

Again though he has every right as a shareholder to voice his opinion and put forward ideas , proposals or whatever , but he has no rights in thinking as a minority shareholder he's going to rule the roost and decide how the clubs run .

He knew that already if course which makes it more surprising he's throwing a wee tantrum now because he's not getting his own way.

For what it's worth , I think what Foley is trying to achieve here is exactly same as he's trying to achieve at Lorient and every other club he's buying , creating or buying shares in which is to improve and enhance Bournemouth FC in every way possibly , thats his goal , priority whatever you want to call it at the end of the day ! .

[Greenworld]

:aok:

I have no idea what the logic would be there as on the face of it, that is completely senseless.I don't understand that either,you appoint two new key members of staff then let it be known that the knights did not vote for either .


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[hibby rae]

One of the things I found endearing about Ron Gordon was the genuine enthusiasm he had for the club. He insisted on spending time around the place, meeting everyone from the staff to the Community Foundation to HSL (Relations were at least cordial with them at the start). You could tell he loved being around the club and he was a breath of fresh air.I appreciate that Foley only owns 25% but showing a wee bit of an interest in his investment wouldn't kill him

Ron Gordon was also very brutal in the way 'club' people were let go from throughout the club with his own brought in, to the detriment of the club as a whole. Being nice on the surface doesn't matter if your actions are damaging.

[ancient hibee]

Hibs that briefed that it was over the Malky and SDG appointments.Have the News said that or is it a hibs.net fact?

[Brightside]

It’s news to me that he’s expecting to take overall control. If the intention of the Gordon family is to sell up then why didn’t they accept offers from other interested parties who weren’t subject to the SFA rules on multi club ownership ? I hope it never happens, I’ve zero interest being bit part players to a Mickey Mouse club in the Premiership.The other point is if this his expectation that he ultimately expects to take more control then it can’t be news to the Gordon family either, so why aren’t the listening to him ? That makes no sense to me.

None of it makes any sense. Foley isn't giving the Gordons 6m for basically paper shares. There has to be a positive for the BK group, and thats using Hibs as a development team for the senior club. NOW maybe further down the line we could become the senior team in the group as Bournemouth is pretty limited and its much harder for them to get to the Top4 than it is for Hibs to break into the top 2 in Scotland. He wants a club playing at the top table in Europe not scuffing about at the wee table. There must be plan towards the end game. I refuse to believe that all parties don't know what that is.


On the multi club ownership thing, I know you are also aware of the other party that wanted to buy in at the same time. They definitely wanted more ownership, and more control.

[ancient hibee]

However Foley can't get the six million quid back and can't sell the shares to anyone so he's a bit stuck.

[Iain G]

None of it makes any sense. Foley isn't giving the Gordons 6m for basically paper shares. There has to be a positive for the BK group, and thats using Hibs as a development team for the senior club. NOW maybe further down the line we could become the senior team in the group as Bournemouth is pretty limited and its much harder for them to get to the Top4 than it is for Hibs to break into the top 2 in Scotland. He wants a club playing at the top table in Europe not scuffing about at the wee table. There must be plan towards the end game. I refuse to believe that all parties don't know what that is.


On the multi club ownership thing, I know you are also aware of the other party that wanted to buy in at the same time. They definitely wanted more ownership, and more control.

Who were the other party?

[Brightside]

The SFA/SPFL whoever it is would never allow it to happen.

Eventually they will. Multi club ownership. With teams being nothing but Media play things is the future of most sport. It's just a matter of time.

[Brightside]

Who were the other party?

Bloom - Brighton. Who is now sniffing about Hearts - which will be a very odd takeover.

[K-Zazu]

Eventually they will. Multi club ownership. With teams being nothing but Media play things is the future of most sport. It's just a matter of time.

Can’t see it, not in Scotland. It would be a disaster.

[nonshinyfinish]

Bloom - Brighton. Who is now sniffing about Hearts - which will be a very odd takeover.While I agree it's likely that the SFA will eventually allow multi-club ownership, how would Bloom taking over Hearts (or us if that had happened) with 'more ownership' work in the short term? Is he not the majority owner of Brighton?

[Brightside]

While I agree it's likely that the SFA will eventually allow multi-club ownership, how would Bloom taking over Hearts (or us if that had happened) with 'more ownership' work in the short term? Is he not the majority owner of Brighton?

49% until total control is allowed? Or giving it to other people as owners? Just like Man City do with Peps brother? But Hearts have 400,000 owners so I don't know how it works.

[jeffers]

None of it makes any sense. Foley isn't giving the Gordons 6m for basically paper shares. There has to be a positive for the BK group, and thats using Hibs as a development team for the senior club. NOW maybe further down the line we could become the senior team in the group as Bournemouth is pretty limited and its much harder for them to get to the Top4 than it is for Hibs to break into the top 2 in Scotland. He wants a club playing at the top table in Europe not scuffing about at the wee table. There must be plan towards the end game. I refuse to believe that all parties don't know what that is. On the multi club ownership thing, I know you are also aware of the other party that wanted to buy in at the same time. They definitely wanted more ownership, and more control.I was always hoping it was just to give them a way to get a player they wanted a work permit 😁What I’ll never get my head round is why even bother in the first place and not just with us. I get that it’s the Black Knights and not just Foley, but chances are he’s not going to be around long enough to see his teams achieve much success if any, unless he starts pumping millions in. Bar Bournemouth, there’s been nothing to suggest he’s prepared to do that.I really hope those muppets don’t get involved with Bloom, I think he’d do wonders for them.

[nonshinyfinish]

49% until total control is allowed? Or giving it to other people as owners? Just like Man City do with Peps brother? But Hearts have 400,000 owners so I don't know how it works.I think the SFA limit that came up during the Foley investment was 29.9%. Suppose having majority control through a puppet would be possible, don't know how much the SFA would dig into it.

[Paulie Walnuts]

I'd presume it was after too , we finally agree on something 😆

I think it does matter in the Hibs board are already under pressure , the Kelty result just added to that and Foley's comments about " they aren't listening " have just added more fuel to the fire which looks like Hibs have responded too .

Your right in we don't really know for sure what the Foley issues are by him saying ' they are not listening ' . Though again we don't know if Hibs haven't listened to them and just decided on something different .

For the club to come out and mention that he didn't want Mackay and Gray could possibly fit in with his comments if true that he wants all the clubs in the group to have similar coaches , similar players and a similar style of play which might mean Mackay and Gray weren't what he wanted.

Again though he has every right as a shareholder to voice his opinion and put forward ideas , proposals or whatever , but he has no rights in thinking as a minority shareholder he's going to rule the roost and decide how the clubs run .

He knew that already if course which makes it more surprising he's throwing a wee tantrum now because he's not getting his own way.

For what it's worth , I think what Foley is trying to achieve here is exactly same as he's trying to achieve at Lorient and every other club he's buying , creating or buying shares in which is to improve and enhance Bournemouth FC in every way possibly , thats his goal , priority whatever you want to call it at the end of the day ! .

I knew you’d manage to tie yourself in knots trying to justify something you were so furious about yesterday.

When it was Foley it was so poor, damaging to the club, he clearly didn’t want what’s best for Hibs and completely unprofessional. When it turns out it wasn’t Foley but actually Kensell/Gordon, who have managed to **** up pretty much everything they touched when it comes to football matters, it’s completely fine, despite the fact what they’ve bizarrely done is put pressure on the appointment they chose to make.

[Lago]

I was always hoping it was just to give them a way to get a player they wanted a work permit 😁What I’ll never get my head round is why even bother in the first place and not just with us. I get that it’s the Black Knights and not just Foley, but chances are he’s not going to be around long enough to see his teams achieve much success if any, unless he starts pumping millions in. Bar Bournemouth, there’s been nothing to suggest he’s prepared to do that.I really hope those muppets don’t get involved with Bloom, I think he’d do wonders for them.Yip you would worry they are already stretching away from us as it is.

[Brightside]

I think the SFA limit that came up during the Foley investment was 29.9%. Suppose having majority control through a puppet would be possible, don't know how much the SFA would dig into it.

Would depend what they are getting out of it? There is no point to any of this small investment at any club if they aren't expecting to take control at some point. We will end up with 12 super clubs whose owners each have clubs in countries all over the world. We either jump on board with the right ones or watch as football changes year after year until it's unrecognisable and Hibs aren't part of it. Could well see a lot more Third Lanark's over the next 10 years or so. I do not think there is a romantic happy ever after to any of this.

[bingo70]

49% until total control is allowed? Or giving it to other people as owners? Just like Man City do with Peps brother? But Hearts have 400,000 owners so I don't know how it works.

See with the 25% thing, in theory, could Foley not just set up another company, let’s say called the white knights and then buy another 25%

Bill foley doesn’t own any of Hibs and the white knights would be a different entity to the black knights.

[Paulie Walnuts]

See with the 25% thing, in theory, could Foley not just set up another company, let’s say called the white knights and then buy another 25%

Bill foley doesn’t own any of Hibs and the white knights would be a different entity to the black knights.

Would it not depend who owned the White Knights?

[TrinityHFC]

See with the 25% thing, in theory, could Foley not just set up another company, let’s say called the white knights and then buy another 25%

Bill foley doesn’t own any of Hibs and the white knights would be a different entity to the black knights.

It is more likely the rules will be changed in future. UEFA are already giving dispensations for teams to play in Europe so there’d be no particular reason to have a domestic rule in place.

[bingo70]

Would it not depend who owned the White Knights?

I don’t know but nobody owns the black knights, Foley is just one of many shareholders.

[Silversand]

See with the 25% thing, in theory, could Foley not just set up another company, let’s say called the white knights and then buy another 25%.The Barron Knights, maybe …

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[Paulie Walnuts]

I don’t know but nobody owns the black knights, Foley is just one of many shareholders.

So he’s one of the owners? :greengrin

[Coco Bryce]

The Barron Knights, maybe …

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Phoenix Knights

[bingo70]

So he’s one of the owners? :greengrin

In the same way Tam McYam from Stenhouse can be a part owner of Hearts but still be allowed to buy shares in Rangers if he wanted though?

[Paulie Walnuts]

In the same way Tam McYam from Stenhouse can be a part owner of Hearts but still be allowed to buy shares in Rangers if he wanted though?

He could be.

If Tam McYam suddenly found himself a shareholder of a group that owns the majority of one club and then went and bought a significant minority in another club though, then that is where it would start to potentially become problematic for Mr McYam.

Just to be clear, I’m not saying what you’ve said wouldn’t work. You’d just surely have to expect that the rules would take a bit of a deeer dive into who the corporate entities owning shares in football clubs are owned by, or else you’d be able to get around the rules by incorporating a new company for £13 or whatever it costs.

[matty_f]

Have the News said that or is it a hibs.net fact?

No, but I have been passed that info independently from a couple of people who would know. I wouldn’t post it if I wasn’t sure it was related in good faith.

[matty_f]

I don’t know but nobody owns the black knights, Foley is just one of many shareholders.

The rules prohibit that sort of scenario, specifically to stop person a from taking full control by having person b as the name on the share certificates

[blackpoolhibs]

Foley expects to take more control of Hibs in time (once it is allowed). He expects Hibs to be in his pyramid of teams. None of this is news. If the current owner didn't want to be part of that it's utterly mental to play with the big boy in the first place. Bournemouth aren't getting in bed with Hibs to try and steal some IP. They want to use the club to their benefit by making it a development team of the group. The expectation is Hibs should get better by doing that. If the Fans don't want that.....then we just need to find someone with billions to buy the whole thing, who doesn't have any other football clubs. We won't find that guy. We will find another Gordon family and plod along mid table.I'd love us to reach the heady heights of mid table.

[Donegal Hibby]

I knew you’d manage to tie yourself in knots trying to justify something you were so furious about yesterday.

When it was Foley it was so poor, damaging to the club, he clearly didn’t want what’s best for Hibs and completely unprofessional. When it turns out it wasn’t Foley but actually Kensell/Gordon, who have managed to **** up pretty much everything they touched when it comes to football matters, it’s completely fine, despite the fact what they’ve bizarrely done is put pressure on the appointment they chose to make.

Don't think I have , it still appears that Foley's triggered events with " they are not listening " after a bad result.Timing of his comments if Mackay and Gray are the issue here is strange to say the least.

No evidence to say we didn't listen to him either. Looks to me like they responded to Foley's ' not listening ' comments with what they think his issues are and again i think that should have been dealt with differently too .

I know the Gordon's have made mistakes though I do think they care about the club and as our owners have every right to make the decisions , Foley hasn't .

I'm not overly confident in the people running the club after the last few years though I'm even less confident in someone that's supported Trump in the past and is also promising to make things great again at numerous clubs .. even though it all comes back to benefit one more than the rest!!

Even talking about Bournemouth playing in the Champions League... 😂

[NC1875]

Don't think I have , it still appears that Foley's triggered events with " they are not listening " after a bad result.Timing of his comments if Mackay and Gray are the issue here is strange to say the least.

No evidence to say we didn't listen to him either. Looks to me like they responded to Foley's ' not listening ' comments with what they think his issues are and again i think that should have been dealt with differently too .

I know the Gordon's have made mistakes though I do think they care about the club and as our owners have every right to make the decisions , Foley hasn't .

I'm not overly confident in the people running the club after the last few years though I'm even less confident in someone that's supported Trump in the past and is also promising to make things great again at numerous clubs .. even though it all comes back to benefit one more than the rest!!

Even talking about Bournemouth playing in the Champions League... 😂

When you’re bringing Donald Trump into a conversation about Hibs to try and justify what you’re saying 😂😂

[Donegal Hibby]

When you’re bringing Donald Trump into a conversation about Hibs to try and justify what you’re saying 😂😂

It does show that Foley's made mistakes too , in supporting a mad man and to a degree is spouting the same pish as him in he's going to make everything great though maybe you believe Bournemouth are champions League bound. 😉

[hibby rae]

It does show that Foley's made mistakes too , in supporting a mad man and to a degree is spouting the same pish as him in he's going to make everything great though maybe you believe Bournemouth are champions League bound. 😉

Gordon was a member of the RNC so I wouldn't be surprised if he also ultimately supported him.

[NC1875]

It does show that Foley's made mistakes too , in supporting a mad man and to a degree is spouting the same pish as him in he's going to make everything great though maybe you believe Bournemouth are champions League bound. 😉

Id believe more that comes out his mouth than Ian Gordon or Ben Kensells.

Infact, does Ian Gordon even have a mouth ?

[Donegal Hibby]

Id believe more that comes out his mouth than Ian Gordon or Ben Kensells.

Infact, does Ian Gordon even have a mouth ?

Not as big it would appear 😉

[Rob]

But what has happened to the £6m raised from the share issue. That would be my question if I was Mr Foley rather than a wee strop that he isnae listened to.Surely he can ask that question at the Board meetings he attends, I'm pretty sure the club's finances will discussed at these meetings.

[Bostonhibby]

I'm just a dinosaur. Here was me thinking football at our level was about passion, community and giving hope to Hibs supporters in Edinburgh and it's wider areas. Suppose the narrative at Easter Road nowadays is it's not really a big deal that someone who owns 25% of it has never set foot in the place.I'm with you, Hibs are in my heart, not my balance sheet or some transient business model linked to the longevity or tolerance of individuals.

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[ancient hibee]

See with the 25% thing, in theory, could Foley not just set up another company, let’s say called the white knights and then buy another 25%Bill foley doesn’t own any of Hibs and the white knights would be a different entity to the black knights.And who would they buy the shares from?

[Alex Trager]

:aok:

I have no idea what the logic would be there as on the face of it, that is completely senseless.

Highly probable with this pair in charge then.

[Alex Trager]

Bloom - Brighton. Who is now sniffing about Hearts - which will be a very odd takeover.

Can’t see him getting anywhere near Hearts tbh.

I find it immensely frustrating that Hibs went with Foley over Bloom.

[Is It On....]

Can’t see him getting anywhere near Hearts tbh.

I find it immensely frustrating that Hibs went with Foley over Bloom.

Frustrating is not the word I would use for not cultivating a link initiated by Mathie and Dempster with the most successful player recruitment model in the UK.

[TrinityHFC]

Frustrating is not the word I would use for not cultivating a link initiated by Mathie and Dempster with the most successful player recruitment model in the UK.They might have initiated it but they then did nothing at all with it.

[Ozyhibby]

With Gray saying we are only a couple of players away from being ready, it looks like any investment hasn’t been players on the pitch but just some renovations to the stadium. Nice if you use hospitality but not much good to everyone else.


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[Paulie Walnuts]

With Gray saying we are only a couple of players away from being ready, it looks like any investment hasn’t been players on the pitch but just some renovations to the stadium. Nice if you use hospitality but not much good to everyone else.


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All just very Hibs really.

Get investment from billionaire owners with promises of using their network to really push us on to the next level.

Reality ends up being that we’re skint and the 2 idiots who continually fail the club on the footballing side ignore the investors as they think they know better so will continue doing things their own way - a huge part of the reason why we’re skint.

As others have said over the last few days, only Hibs can take what should be the most exciting of times and make it utterly depressing.

[TrinityHFC]

All just very Hibs really.Get investment from billionaire owners with promises of using their network to really push us on to the next level.Reality ends up being that we’re skint and the 2 idiots who continually fail the club on the footballing side ignore the investors as they think they know better so will continue doing things their own way - a huge part of the reason why we’re skint.As others have said over the last few days, only Hibs can take what should be the most exciting of times and make it utterly depressing.We are certainly not skint. We will see in due course how and over what time period we use the money but we are far from skint.

[Ozyhibby]

We are certainly not skint. We will see in due course how and over what time period we use the money but we are far from skint.

It’s not on the pitch, that’s for sure.


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[Alex Trager]

We are certainly not skint. We will see in due course how and over what time period we use the money but we are far from skint.

Maybe you could inform the club of that then because we are quite a few players away from being ready for this season starting.

[Ozyhibby]

Maybe you could inform the club of that then because we are quite a few players away from being ready for this season starting.

Gray thinks it’s only two.[emoji849]


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[One Day Soon]

Gray thinks it’s only two.[emoji849]


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That’s ****ing mental. He surely hasn’t said that?

[K-Zazu]

That’s ****ing mental. He surely hasn’t said that?

Nah he was just at the wind up.

[greenlex]

Gray thinks it’s only two.[emoji849]


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He might be right. He sees them every day and he knows how he wants them to play. The desire and forward play under Gray has been a vast improvement.,maybe the players that we have just need that and a bit of self belief to make all the difference. Even after all the poor stuff last season we were one kick if the ball away from competing in the top six with this squad and a few loans. Personally I think we are two strikers and a midfielder minimum short right now but he would know better thanme.

[Donegal Hibby]

All just very Hibs really.

Get investment from billionaire owners with promises of using their network to really push us on to the next level.

Reality ends up being that we’re skint and the 2 idiots who continually fail the club on the footballing side ignore the investors as they think they know better so will continue doing things their own way - a huge part of the reason why we’re skint.

As others have said over the last few days, only Hibs can take what should be the most exciting of times and make it utterly depressing.
Genuine question.... What is it we have actually ignored from the investors ?

[superfurryhibby]

We are certainly not skint. We will see in due course how and over what time period we use the money but we are far from skint.

How would you actually know this?

Would you care to share how and what you think we will use the money for and enlighten us on the financial situation?

Or are you just blethering?

You're on every thread, dissing pretty much any concern raised. What gives you such confidence that all is barri, when the pointers all suggest the opposite?

[TrinityHFC]

How would you actually know this?

Would you care to share how and what you think we will use the money for and enlighten us on the financial situation?

Or are you just blethering?

You're on every thread, dissing pretty much any concern raised. What gives you such confidence that all is barri, when the pointers all suggest the opposite?

I know the same way as everyone else has access to.

Our debt was wiped out and more than £7m has also been invested into the club. Yes, we had a poor performance on the pitch which will have had some impact but at the AGM we were also told that turnover was up and cost income down.

As I sad we are yet to see in addition to the recent upgrades to the stands what we spend it on and over what period but we are not skint.

[Ozyhibby]

I know the same way as everyone else has access to.

Our debt was wiped out and more than £7m has also been invested into the club. Yes, we had a poor performance on the pitch which will have had some impact but at the AGM we were also told that turnover was up and cost income down.

As I sad we are yet to see in addition to the recent upgrades to the stands what we spend it on and over what period but we are not skint.

Balance sheet FC.[emoji106]


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[McGruber]

Genuine question.... What is it we have actually ignored from the investors ?Their money

[SunshineOn1875]

How would you actually know this? Would you care to share how and what you think we will use the money for and enlighten us on the financial situation? Or are you just blethering? You're on every thread, dissing pretty much any concern raised. What gives you such confidence that all is barri, when the pointers all suggest the opposite?Our CEO being on 325k a year signals that we are not in fact "Skint", that being said I'm not sure he or anyone at hibs or in the stand could justify him being on that absurd amount of money.

[NC1875]

Balance sheet FC.[emoji106]


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Who needs good players when you’ve got money in the bank!

[TrinityHFC]

Balance sheet FC.[emoji106]


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Ah, so we aren’t actually skint so you’ll turn that into a bad thing now. Pathetic.

[hibee-boys]

Thus far we’ve basically replaced players who have left, the 2 goalkeepers and Paul/Lewy. Granted I’d suspect the 2 new centre halves will be on bigger contracts than those 2 but we’ve also trimmed the squad down substantially from the end of last season. Appreciate it’s still relatively early in the window but I’m seeing zero evidence of any new investment in our dealing so far. As things stand I’d say the squad is worse than the one that limped to the end of last season, crazy with only a few days remaining until our first league game.

[Ozyhibby]

Ah, so we aren’t actually skint so you’ll turn that into a bad thing now. Pathetic.

I never said we were skint? We’re just not spending.


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[TrinityHFC]

Who needs good players when you’ve got money in the bank!

You need money to get players in. Our accounts for however long you want to look at shows we don’t keep money.

If you’re going to criticise about either being skint or having too much money then just do a little bit of looking at the public info available and possibly engaging the brain a bit.

[Hibs3-2]

Wish we could give foley his money back and tell him no thanks. He might be right in some aspects of his way of running the club would be better, but do not publicly compare us to the way a team that got relegated are run.

Promised us millions for this window - spent a grand total of £0 in transfer fees this window. Upwards of 1.5m last summer without him

On top of all that he goes for a club legend (and current manager)

[NC1875]

You need money to get players in. Our accounts for however long you want to look at shows we don’t keep money.

If you’re going to criticise about either being skint or having too much money then just do a little bit of looking at the public info available and possibly engaging the brain a bit.

I’ve never once said we’re skint. You’re saying we’re not Skint and now saying you need money to bring players in. Which one is it ?

We were told of game changing investment. There’s nothing game changing happened so far. It’s just same old Hibs. People are right to be frustrated.

Just because you aren’t. On here acting mr know it all and making out everyone should listen to you.

How long is it before you might admit we’re not prepared for the season starting next week ? Or will that be ok because the window is still open ?

[jeffers]

Wish we could give foley his money back and tell him no thanks. He might be right in some aspects of his way of running the club would be better, but do not publicly compare us to the way a team that got relegated are run.

Promised us millions for this window - spent a grand total of £0 in transfer fees this window. Upwards of 1.5m last summer without him

On top of all that he goes for a club legend (and current manager)

Starting to feel the same way. What benefits are we actually seeing from this tie up, two players whose contribution was OK ?


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[matty_f]

How would you actually know this?

Would you care to share how and what you think we will use the money for and enlighten us on the financial situation?

Or are you just blethering?

You're on every thread, dissing pretty much any concern raised. What gives you such confidence that all is barri, when the pointers all suggest the opposite?

Where has the money gone if we are skint?

We had cash in the bank, record turnover, a wage bill within recommended limits, and then strikes off £5.5m of debt and put roughly £8.3m into the club, none of it was withheld or conditional, that’s been paid.

We’ve spent money on safe standing, the FF upgrade, some floodlight improvements, but should also in the time between Feb and now received prize money for last season plus season ticket money for the coming season and potentially TV money as well.



Based on that, I can’t see any way in which we can be skint - it seems absurd to think we could be based on that. We would have to have lost money at almost £2m/month.

[jeffers]

Where has the money gone if we are skint?We had cash in the bank, record turnover, a wage bill within recommended limits, and then strikes off £5.5m of debt and put roughly £8.3m into the club, none of it was withheld or conditional, that’s been paid. We’ve spent money on safe standing, the FF upgrade, some floodlight improvements, but should also in the time between Feb and now received prize money for last season plus season ticket money for the coming season and potentially TV money as well. Based on that, I can’t see any way in which we can be skint - it seems absurd to think we could be based on that. We would have to have lost money at almost £2m/month.We are not skint, but our football budget is less than it was last season. What I don’t get is Foley’s comments about us having £2m to spend, which I took to mean from the £6m he’d paid to buy his shareholding. Was he talking pish, or has the situation changed since he made those comments ? I suspect the latter.

[matty_f]

We are not skint, but our football budget is less than it was last season. What I don’t get is Foley’s comments about us having £2m to spend, which I took to mean from the £6m he’d paid to buy his shareholding. Was he talking pish, or has the situation changed since he made those comments ? I suspect the latter.
It was clear that the money Foley had paid in had very specific purposes, communicated by the club at the AGM.

I think his comment is down to interpretation but I had taken to mean that he was happy to push some funding towards us in the summer (either fetch it via Bournemouth).

I don’t think the pitch from Ben at the AGM gave the impression that there would be millions left to spend on transfers after the other projects had been taken into account.

Bear in mind they spoke about significant upgrades to HTC, the stadium, finding a new home for the women’s team etc.

To do that for £4m would be a stretch, I reckon.

[jeffers]

It was clear that the money Foley had paid in had very specific purposes, communicated by the club at the AGM. I think his comment is down to interpretation but I had taken to mean that he was happy to push some funding towards us in the summer (either fetch it via Bournemouth). I don’t think the pitch from Ben at the AGM gave the impression that there would be millions left to spend on transfers after the other projects had been taken into account. Bear in mind they spoke about significant upgrades to HTC, the stadium, finding a new home for the women’s team etc. To do that for £4m would be a stretch, I reckon.I don’t disagree with what you are saying the AGM stuff was clear. Foley’s comment about us having a couple of million to spend, so far anyway, though doesn’t appear to be accurate and there is nothing to suggest he’s putting any additional money in. BK certainly gave the impression that while it could happen it certainly hadn’t been agreed so I’m puzzled why Foley came out with it.

[green day]

I am normally a pretty positive person, but I still cant fathom how our fitba budget is smaller than it was before we got £8m pumped in.....................I dont really care about improvements to HTC, the likes of Dundee and St Mirren seem to manage fine in whatever leisure centre they train in.

[James70]

Beginning to remind me of that episode of Still Game where Navid's store is becoming part of a franchise with strict rules on how the shop should operate.

Hibs are an independent football club doing things our own way. We should not be dictated to by a minority shareholder.

[Lago]

Wish we could give foley his money back and tell him no thanks. He might be right in some aspects of his way of running the club would be better, but do not publicly compare us to the way a team that got relegated are run. Promised us millions for this window - spent a grand total of £0 in transfer fees this window. Upwards of 1.5m last summer without himOn top of all that he goes for a club legend (and current manager)Kind of agree if only because his money means Ian Gordon and Ben Kensell will be able to hangon at Hibs, if Black Knights had not invested might a good chance Hibs could be rid of the Gordon ownership.

[bingo70]

Beginning to remind me of that episode of Still Game where Navid's store is becoming part of a franchise with strict rules on how the shop should operate.

Hibs are an independent football club doing things our own way. We should not be dictated to by a minority shareholder.

If the minority shareholder knows what they’re talking about though, why ignore them and if we’re not confident they know what they’re talking about, why get into partnership with them?

Having had a few days to reflect, I’m pretty relaxed about it all, what will be will be, no point stressing about it really.

[Lago]

Beginning to remind me of that episode of Still Game where Navid's store is becoming part of a franchise with strict rules on how the shop should operate.Hibs are an independent football club doing things our own way. We should not be dictated to by a minority shareholder.The problem is we have not been doing things in anyway well, just a slow steady decline over the last 3 to 4 years under our independent ownership.

[gorgie greens]

I never said we were skint? We’re just not spending.


Sent from my iPhone using Tapatalk
We are definitely skint and only players coming in once others have left

[gorgie greens]

If the minority shareholder knows what they’re talking about though, why ignore them and if we’re not confident they know what they’re talking about, why get into partnership with them?

Having had a few days to reflect, I’m pretty relaxed about it all, what will be will be, no point stressing about it really.
IG was asked by Folley to not be involved in recruitment but can't help himself.
IG fell out with MM as IG identified a player MM had never heard of him ,he did his research and told IG he was nowhere near good enough and he wasn't put his name to that .

[matty_f]

Beginning to remind me of that episode of Still Game where Navid's store is becoming part of a franchise with strict rules on how the shop should operate.

Hibs are an independent football club doing things our own way. We should not be dictated to by a minority shareholder.

I agree, but the owners appear to have willingly signed up to be part of a wider group, so we’re not entirely independent anymore.

[B.H.F.C]

If the minority shareholder knows what they’re talking about though, why ignore them and if we’re not confident they know what they’re talking about, why get into partnership with them?

Having had a few days to reflect, I’m pretty relaxed about it all, what will be will be, no point stressing about it really.

Getting in to a partnership doesn’t mean you need to listen to everything. The rumour being that they wanted to keep Montgomery being one example.

Boards disagree on stuff all the time. As far as I can see that’s what happened here but one of them has went public on it.

I don’t think it needs to mean the end of partnerships, detaching yourself from any group benefits etc.

[Lago]

We are definitely skint and only players coming in once others have leftSo where has Ian Gordon frittered away the money and on what?

[Pedantic_Hibee]

IG was asked by Folley to not be involved in recruitment but can't help himself.
IG fell out with MM as IG identified a player MM had never heard of him ,he did his research and told IG he was nowhere near good enough and he wasn't put his name to that .

How do you know this?

[gorgie greens]

How do you know this?

From someone at Hibs ,even was told what Folley said to IG

[gorgie greens]

So where has Ian Gordon frittered away the money and on what?

I honestly don't know ,but I have asked where all the investment has gone

[Paul1642]

I honestly don't know ,but I have asked where all the investment has gone

I think the answer is that it’s not gone. It’s is it not being used, at least yet, for whatever reason.

[04Sauzee]

We are definitely skint and only players coming in once others have left
I definitely don't think we are.

[SteveHFC]

Beginning to remind me of that episode of Still Game where Navid's store is becoming part of a franchise with strict rules on how the shop should operate.

Hibs are an independent football club doing things our own way. We should not be dictated to by a minority shareholder.

In the end of that episode Navid tell’s the franchise to **** off. Wonder if we would do the same if things didn’t work out.

[gorgie greens]

I definitely don't think we are.

Was told there is no money and our recruitment will depend on outgoings,
I hope you are right and my info is wrong

[Dashing Bob S]

Neither Gordon nor Foley are impressive. They must have talked extensively and come to some agreement on strategy prior to the investment.

Now look at the amateurism on display.

[Unseen work]

Honestly, the only issue I see from the past week is Foley being unprofessional

Black Knights are a minority shareholder and don’t make the final decision

How many times in football do you think a shareholder doesn’t agree with the other? I’d imagine very frequently. As always the majority shareholder has the final say.

BK will know this and should be grown up enough to say we just don’t listen to them. I’m sure we’ve listened to them plenty but they decided on Malky and SDG for a specific reason which I’m sure they explained to them at length why they done it.

[blackpoolhibs]

The problem is we have not been doing things in anyway well, just a slow steady decline over the last 3 to 4 years under our independent ownership.Exactly, Ron Gordon took over and we were flying high with little input from him we finished 3rd, He then starts to put his people into the club and started the signing bingo while neglecting the 1st team.Ross is sacked because he'd not been backed while we were flying, manager after manager and signing after signing has left us a mess and finishing in the bottom 6.We currently have a team as poor as we've had since relegation, no strength in depth, players in the first team nowhere near good enough who we cant afford to pay off.Time to be patient again.

[The Modfather]

From someone at Hibs ,even was told what Folley said to IG

If no one else will ask I’ll do it. What did Foley say to Ian Gordon?

[TrinityHFC]

From someone at Hibs ,even was told what Folley said to IG

You also think we are skint so can be safely ignored.

[Not In The Know]

I am normally a pretty positive person, but I still cant fathom how our fitba budget is smaller than it was before we got £8m pumped in.....................I dont really care about improvements to HTC, the likes of Dundee and St Mirren seem to manage fine in whatever leisure centre they train in.It’s prob because we blew an astronomical amount last year on pish.

[Scotty Leither]

You also think we are skint so can be safely ignored.You’ll be ignoring everyone on here at this rate.

[B.H.F.C]

Logically, with the amount of money that has come in to the club I can’t see how it’s possible to be skint. If we are then we would have been in some mess without it.

However, we haven’t added to the squad for a month now (I know we swapped a 2nd choice goalie for a second choice goalie at some point). Time is just ticking by and every day that passes makes it more difficult for us to get off to a good start in the league. It just all feels a bit odd.

[Caversham Green]

Honestly, the only issue I see from the past week is Foley being unprofessional

Black Knights are a minority shareholder and don’t make the final decision

How many times in football do you think a shareholder doesn’t agree with the other? I’d imagine very frequently. As always the majority shareholder has the final say.

BK will know this and should be grown up enough to say we just don’t listen to them. I’m sure we’ve listened to them plenty but they decided on Malky and SDG for a specific reason which I’m sure they explained to them at length why they done it.

Agree with this, but rather than unprofessional I'd call it bloody idiotic. Particularly since the two men that appear to be the subject of his displeasure know infinitely more about Hibs, Scottish football and football in general than Bill Foley will ever know.

As a director, Foley has a duty to act in the interests of the club. Whingeing to the press because he didn't get his own way is the opposite of fulfilling that duty. Hopefully he'll keep his mouth shut in the future.