Wage cuts at Hibs

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15-06-2020, 05:00 PM
Andy74

Typical that a few months ago we were talking about jumbo screens and indoor pitches!

Most teams will be in bad shape but very frustrating that we were on the verge of something potentially very exciting.
15-06-2020, 05:01 PM
Antifa Hibs

Quote:

Originally Posted by lord bunberry

I wonder if players will see this as a bit of a kick in the teeth. They were asked to take the deferral on the promise that wages would be returned to normal. Asking them now to take a wage cut might not go down well. The story is pretty vague and I’d hope that the players remain on board and together.

If the players read any papers, social media or watch the news they'll know the economy is ****ed as a result of this and will count themselves lucky to be in a job - nobody is immune from this.

We probably have 2-3 players who could maybe move on and get a bigger wage in the current climate (Boyle, Kamberi & Rocky) - the rest should be lucky to still be in employment and hopefully they see it that way.

Great communication from the club again regards to this. Onwards and upwards.
15-06-2020, 05:01 PM
we are hibs

Why is season ticket money for this season not being spent until next? Or have i picked that up wrong?
15-06-2020, 05:06 PM
ancient hibee

Quote:

Originally Posted by we are hibs

Why is season ticket money for this season not being spent until next? Or have i picked that up wrong?

Because next season hasn't started yet.
15-06-2020, 05:07 PM
we are hibs

Quote:

Originally Posted by ancient hibee

Because next season hasn't started yet.

Next season isnt the upcoming season. Its the following one. We are now in season 20/21.
15-06-2020, 05:10 PM
DH1875

Why did we vote to drop down a place in the league and give up on £130k :confused:
15-06-2020, 05:12 PM
jax67

Quote:

Originally Posted by Since452

The Kamberi money will be very welcome. Hopefully it's a good fee

Could do with a big English club spending a fortune on SJM.
15-06-2020, 05:13 PM
brianmc

Quote:

Originally Posted by DH1875

Why did we vote to drop down a place in the league and give up on £130k :confused:

Sporting integrity 👍🏼
15-06-2020, 05:26 PM
madhatter

Quote:

Originally Posted by jax67

Could do with a big English club spending a fortune on SJM.

Getting Kamberi out the door will help also. Sadly, Boyle being sold also.
15-06-2020, 05:28 PM
Keith_M

Quote:

Originally Posted by we are hibs

Next season isnt the upcoming season. Its the following one. We are now in season 20/21.

I'm sure you know what they meant, as in 'the season that's not started yet'
15-06-2020, 05:28 PM
Andy74

Quote:

Originally Posted by DH1875

Why did we vote to drop down a place in the league and give up on £130k :confused:

The only other option was to try and play out the season and that wasn't going to be possible, at least not without even more cost.
15-06-2020, 05:29 PM
MWHIBBIES

Quote:

Originally Posted by DH1875

Why did we vote to drop down a place in the league and give up on £130k :confused:

Probably read all the "fans" on here who wouldn't be back if our vote aided Hearts.
15-06-2020, 05:29 PM
TheMrSandiego

Quote:

Originally Posted by DH1875

Why did we vote to drop down a place in the league and give up on £130k :confused:

Because if we had voted the other way many fans would have seen that as a vote to keep Hearts in the league. It might have cost us season ticket sales in the process.
15-06-2020, 05:32 PM
we are hibs

Quote:

Originally Posted by Keith_M

I'm sure you know what they meant, as in 'the season that's not started yet'

I didnt know what they meant. Thats why i asked. Next season isnt this upcoming season.
15-06-2020, 05:34 PM
we are hibs

Quote:

Originally Posted by MWHIBBIES

Probably read all the "fans" on here who wouldn't be back if our vote aided Hearts.

Or they probably realised that the season couldnt be realistically completed. Any chance for you to try and stir a wee bit trouble on here though.
15-06-2020, 05:36 PM
MWHIBBIES

Quote:

Originally Posted by we are hibs

Or they probably realised that the season couldnt be realistically completed. Any chance for you to try and stir a wee bit trouble on here though.

Just a joke, relax yourself.
15-06-2020, 05:38 PM
we are hibs

Quote:

Originally Posted by MWHIBBIES

Just a joke, relax yourself.

Hilarious stuff then
15-06-2020, 06:01 PM
Lee Marvin

Quote:

Originally Posted by MWHIBBIES

Just a joke, relax yourself.

Was a good one
16-06-2020, 10:13 AM
mjhibby

Quote:

Originally Posted by lord bunberry

I wonder if players will see this as a bit of a kick in the teeth. They were asked to take the deferral on the promise that wages would be returned to normal. Asking them now to take a wage cut might not go down well. The story is pretty vague and I’d hope that the players remain on board and together.

Every club will have to adjust the their new levels of income until the virus is gone. Every club will be losing money. The dons are shipping a million a month which is unsustainable. It’s time every club faced up to the reality that millions of folk outside football are facing. Hugely reduced income for the foreseeable future. The Spfl should have been looking at how all 42 clubs get through this crisis instead of spending nearly three months of eventually ensuring hertz got the telegation they deserved.
16-06-2020, 10:31 AM
Biggie

Ok I cant see anything on this, so I'm not too embarrassed to ask......but are we saying we're close to burning thru £4.5m (cash reserve from last accounts I'm sure was approx this amount...) ?
Tragic if this is the case...we need manu to buy McGinn !
16-06-2020, 10:41 AM
Peevemor

Quote:

Originally Posted by Biggie

Ok I cant see anything on this, so I'm not too embarrassed to ask......but are we saying we're close to burning thru £4.5m (cash reserve from last accounts I'm sure was approx this amount...) ?
Tragic if this is the case...we need manu to buy McGinn !

That was money from season ticket sales, which is then used to pay wages and bills throughout the season. How else do you think we pay for stuff?
16-06-2020, 11:04 AM
where'stheslope

Quote:

Originally Posted by Biggie

Ok I cant see anything on this, so I'm not too embarrassed to ask......but are we saying we're close to burning thru £4.5m (cash reserve from last accounts I'm sure was approx this amount...) ?
Tragic if this is the case...we need manu to buy McGinn !

We're lucky we have a cash reserve, other clubs have and are living hand to mouth and it will start to show soon.
Closed door games will have a massive impact on all clubs running costs, playing games and no revenue coming in!
The longer it stays that way the more it will take years to get back on financial track.
16-06-2020, 11:07 AM
Stuart93

Quote:

Originally Posted by where'stheslope

We're lucky we have a cash reserve, other clubs have and are living hand to mouth and it will start to show soon.
Closed door games will have a massive impact on all clubs running costs, playing games and no revenue coming in!
The longer it stays that way the more it will take years to get back on financial track.

I keep hearing this about “other clubs”. These other clubs are looking and are making signings for the new season. Aye they have potentially got rid of some players but so have we. I’m just not understanding if it’s the same else where why they’re in a position to bring new players in and we don’t seem to be
16-06-2020, 11:08 AM
The dalmeny

Are all the youth academy players, u17 and below, being released ? Read the academy coaches were away
16-06-2020, 11:14 AM
Peevemor

Quote:

Originally Posted by Stuart93

I keep hearing this about “other clubs”. These other clubs are looking and are making signings for the new season. Aye they have potentially got rid of some players but so have we. I’m just not understanding if it’s the same else where why they’re in a position to bring new players in and we don’t seem to be

Wait and see what happens before getting too uptight.
16-06-2020, 11:37 AM
Ozyhibby

Quote:

Originally Posted by The dalmeny

Are all the youth academy players, u17 and below, being released ? Read the academy coaches were away

Not official yet but it’s looking very likely.

Sent from my iPhone using Tapatalk
16-06-2020, 11:47 AM
lucky

I don’t think the youth players will be released there just won’t be training taking place that’s why the coaches have been releaased
16-06-2020, 11:50 AM
Keith_M

Quote:

Originally Posted by Biggie

Ok I cant see anything on this, so I'm not too embarrassed to ask......but are we saying we're close to burning thru £4.5m (cash reserve from last accounts I'm sure was approx this amount...) ?
Tragic if this is the case...we need manu to buy McGinn !

A large part of that money was what we'd raised by selling Season Tickets, i.e. it's for normal running costs like players' wages. That sum then goes down every month as we pay our bills (after all, we're not Hearts).

I assume part of it was also used for player purchases (e.g. for Doidge), some stadium upgrades... and we'll have had to use more of our cash reserves than was expected due to missing out on income from curtailing the season.
16-06-2020, 11:51 AM
CapitalGreen

Quote:

Originally Posted by Stuart93

I keep hearing this about “other clubs”. These other clubs are looking and are making signings for the new season. Aye they have potentially got rid of some players but so have we. I’m just not understanding if it’s the same else where why they’re in a position to bring new players in and we don’t seem to be

Are we not looking at making signings?
16-06-2020, 11:53 AM
Mikey

Quote:

Originally Posted by Stuart93

I keep hearing this about “other clubs”. These other clubs are looking and are making signings for the new season. Aye they have potentially got rid of some players but so have we. I’m just not understanding if it’s the same else where why they’re in a position to bring new players in and we don’t seem to be

It's been explained to you several times on the PM board. You're probably just going to have to come to terms with the fact that you're not going to understand it.

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