I think Obua was on a hefty wedge. Probably only around 2 weeks wages at most?
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Hibs appear to have a robust enough financial strategy to deal with ups and downs like this. The Cup runs of the last two seasons will have been unexpected bonuses, the loss of Rangers and Hearts an 'unexpected' drop of income. Our main problem is the lower than hoped for home gates recently, but these seem to be growing, and thus hopefully we can start reversing our debt situation. Unlike the Yams, our debt is manageable, and we take the hit each year on not signing new players if money is tight. My only gripe is whether or not East Mains represents value for money at half a million per year upkeep. Aside from East Mains we seem to need about 2 million or more as running costs (excluding all staff salaries) which again seems high, but no doubt there are reasons.
I still reckon the Yams will pull through for a while at least.
Correct.
Admirable that the Yam fundraising attempts to keep the club alive are, the overall sums of money raised are insignificant in the great scheme of things.
What it does do is buy time for Yams to persuade someome with real wealth to step in. If they dont get backup from an STF, EddieThomson, or Stewart Milne type then they could cover gorgie in bouncy castles and the outcome would remain the same.
Thinking back to our situation, and Celtic's, in the early 90's, while in no way attempting to belittle the actions of fans groups, it was the men with serious money who ultimately decided the future of both clubs.
Hearts need someone and quickly.
Spot on, Fergus Mcann along with the others you mentioned were the only reason these clubs survived, even Motherwell had their money man at the time, I just can't see anyone with any business mentality with an enormous wealth throwing it at Hearts, there is just too big a black hole to fill knowing full well they won't get a fraction of it back as there is no assets or big enough fan base, the Huns have over 50k at every home game and they are again losing £1m a month, I genuinely struggle to see how they will be playing any sort of football next season in any league!!
I see Sallyukas's contract runs out August, though some posters said it had 6 months to run!
Sutton & Hamill are watching their backs as it looks as though the axe will fall on them next. "fingers crossed" :wink::wink:
http://www.scotsman.com/sport/footba...ocke-1-2973609
I thought they might have avoided releases with the two pay cut agreements, but it looks like Sutton and Hamill have to go as well as that.
All thats left is a goalie, a midfielder, a team of very average youngsters and a 15 point deduction. They are completely screwed.
Equally fagpacket, but on the basis that a more successful club in terms of league position will add fans, the absence of Hearts and Sevco should add to out potential to compete at the top end. Allowing for Hearts adding, say 5000 for one home game against a more run-of-the-mill fixture, we would need to average an extra 263 over the course of a season per home game, or 500 or so if we get them twice at ER
It is an impact, but doesn't seem over ambitious - one extra round in the cup would clear it, as I'm sure the budget process allows for a prudent being knocked out in the first round every time.
Stuart 'Random Comparisons' Bathgate:
Asked if the task faced by Hearts now was tougher than the 2012 Scottish Cup final, in which they beat Hibs 5-1, Locke unsurprisingly said it was. “Easily, This is the biggest battle that the club has faced.”
....so ******* unsurprising that it will be a puzzle to every sentient being* why you asked it. I think he's got a tic.
* and possibly, even, Gary Locke.
:agree: If, and it's a huge If they make the start of the season, I for one will want to watch a death of a thousand cuts! :greengrin No pun intended :wink:
All that's left is as poor a squad as I could wish for!.............
Still can't see them make it though.... GGTTH
http://twitter.com/edinburghpaper/st...466240/photo/1 front page of today's news. I don't whether to laugh or cry at the wedding couple. Really they should not be allowed to breed. How sad can you be to go to a football ground to buy a ST in your wedding outfit ?
Quote from Sickbag on the non payment by cards -
'Are Lloyds Banking Group also our Merchant Service Provider?
If so, time for Ian Murray to focus on the day job and get strings pulled in Westminster, so that any "issues" are removed. Lloyds are still majority owned by the taxpayer.'
:confused:
Is that the same taxpayer your club is going to be bumping millions of pounds from? Unreal over there!
On given news that Rodney and remaining Lithuanians given the bullet.
JKB Meltdown @JKBmeltdown 8m
FFS - just spent all day on a 'sack the board' placard. They could have told me
Has to be an undercover Hibee on the windup http://www.hibs.net/images/smilies/thumbs%20up.gif
I'd seriously doubt that bud - I reckon he'll be the second or third highest paid in the current SPL. However he certainly isn't spending any of it on his attire - dresses like a mannequin from C&A :greengrin Hearts have always struggled in the fashion leagues :agree:
Btw the way some of the stuff there auctioning is going for crazy money players tops boots etc even lunch with players some bids in excess of £500 100 items an there's 50k, this money/bidding will most probably be the fans who already purchased season tickets burying into savings again, there giving it a good go
This 500 STs sold seems to be a figment of BDO's imagination. I would hazard a guess that this is an attempt to jolly the hesitant into rushing down to the PBS to hand over their hard earned dosh!! In other words, nothing has changed and the unwashed are STILL being lied to.
As a fan I would say **** them they deserve everything they get but financially it will hit us hard. Not only hospitality at fixtures , revenue of more hibs fans attending not just what hearts buy plus commercial/sponsorship revenue. I'm sure we base our sponsorship revenue on exposure of the Derby as it hits a uk audience... The game hibs v Motherwell etc have less appeal to neutrals....so that's the conundrum ....
Well more fool them if that's the case, I don't think he's even got that much coaching experience, never mind being a manager, another case of throwing money about like its going out of fashion, yeah speaking of fashion I thought he looked like he'd fallen out of a pounstretcher window(do they actually do clothes & are they still going? It's been a long time since I was up the Bridges) :greengrin
http://www.scotsman.com/sport/footba...kets-1-2973607
Picture from today's Scotsman. Only one window open to serve purchasers, must have sold one every 50 seconds all day !
I drove by Mcleod Street on 6 separate occasions yesterday ( sad I know ) and did not see one person enter or leave the Yam shop.
Fantasy, but understandable, got to keep their spirits up somehow.
No. It's all just back channel press stuff.
On a side note, (dunno if this has been mentioned) the Hearts fans were saying that cash was preferred but that Credit Cards would still be accepted. It's now cash or cheque only, online and telephone sales have been completely suspended.
Up to a point yesterday you could actually see how many season tickets were being sold on their site via the seating chart. In the 2 hour window a colleague was monitoring it she estimates they sold ~20. That comes with the caveat that we've no idea how quickly it's updated after a sale.
Over the last 5 years there are a lot of non-core Hibs fans who have not gone to many games simply because we were duff and unlikely to win. We are likely to beat whoever replaces Hearts in the league and if we build a winning momentum they will come. If the Hearts die then we may gain from their non-core fans coming to a civilised club. Win games and get the product right on the field (that seems to be happening) and all will be well.
:ostrich:Quote:
@JKBmeltdown: we have more pressing issues to consider but Septic feel the brunt of this. Why buy a ticket for a competition when there is no competition?
:faf:
Another belter fae Kickback
:top marksQuote:
A level playing field?
The biggest club in the league just spent £2.6m on a 21 year year old who has only played 62 first team matches and 3 Under 21 international games...
The second biggest club in the league is pleading for donations...
Passed the PBS at 9.30 this morning. Saw 1 guy.
Maroon surrender monkeys.
JC :not worth
http://www.thescottishsun.co.uk/scot...beat-them.html
Went and had a look this morning at the official website and even Petrie must think they are finished with the opening page message and related story!
http://www.hibernianfc.co.uk
Notice from various articles that the press talk about supporters buying another season ticket though they already have one. Surely they would be better just donating money as it would not be liable to VAT and leaves them seats to sell during the relegation dogfight at the end of October. Using a £400 purchase, £80 goes in VAT, maybe 6 times the seat could be sold at £23 is £138 so out of their £400 only £182 benefits the club if they survive.
Delighted to say that this should be updated almost instantly after the sale, as in a few minutes.
The 500 sales is nonsense; it's a figure Yam propagandists feel comfortable with as they know they sell that many, and possibly a little more, before their deadline.
Bob, outside of the financial gurus on this thread you are easily my favourite poster (honorable mention to Bajillions) your ability to jump on the slightest bit of Yammery and slice it to ribbons is thoroughly entertaining.
Some of your posts the last couple of days have given me a right chortle. As the shenanigans seem to continue for a couple of months(?) I look forward to future offerings.
Keep it up. On the phone so can't put in a relevant emoticon.
They've made a rod for their own back. If they don't continue the high sales figure, they're implying the fans don't give a ****. If they do, they'll hit '3000' in no time, and the fans wont purchase as its job done.
Well played BDO.
The VERY best outcome for them is that they come out of administration with a viable backer and retain Tynecastle, right?
But wait a minute, unless its a white knight with oodles of cash and willing to go ahead without looking for a return for the foreseeable future, they are going to have to cut their cloth.
In this instance, FACT is, they are exactly 23 years behind us. We have a new stadium, we have our own training ground and we have a manageable debt. 23 years it took us ladies!
Fact is, 23 years boys and girls is a LONG time. We were there (well almost) and have had to swallow their bile for 23 years when they patently couldn't afford what they were doing.
I actually DO hope the best case scenario for them happens, I want to see their faces when we absolutely PUMP them when they, at long, long last have to play by the rules.
I just came round by Mcleod Street. No problem parking , so I stopped off and took a wonder into their ticket office/shop.
Queue of about 20 with 2 of a staff serving at the windows. I pretended to be sizing up a Yam garden gnome, but really watching what was happening with ticket sales.
Sure one or two seasons were bought with large wads of cash but quite a few sales were for what looked like single match ticket sales and only a couple of notes being handed over.
I'll go back this afternoon for further look at the Gnome.
I don't think the Gnomes of Zurich will be able to save this lot. :greengrin
Does anyone know which four yam players were made redundant?
100% agree with you !!. It's fun ripping them in the pub/work/school etc, but it's so much better when it's done ON THE PITCH !!. I really hope IF they start the season, Pat sends our team out on Aug 10 with the order "At the very least I want 7-0" !!
(P.s Slightly disagree with the '23 years' - it's 32 years since Mercer took over and started their 'Financial Football' business-model)
It defies belief as a question, comes across as either a pointless dig at Hibs, or throwing a bone to the 5-1 brigade.
Someone that was an actual journalist would surely be asking how Hearts will manage to compete without spending such vast sums on wages? Or if their overpaid cup winning squad was worth putting the existence of the club at risk?
Don't buy newspapers and no plans to change that. The Sports parts certainly gave up on journalism along time ago.
Jambos fans: it's like cheering wildly when a bully on steroids beats up a young kid in a school playground. Then, when steroid-guzzling bully has a steroid induced heart-attack and slips into a coma, we're all supposed to suddenly feel sorry for him.
GTF - pull the plug.
Mine was going to Tynie for the first time aged 14, was called a "Fenian *******". The behaviour of the fans has just gone down hill. Especially those tw@s in the asbestos stand nearest the away end.
That and their incessant Hunnish UJ waving and Nazi/Red hand salutes.
Effin mugs!
J
Putting aside your dedication to reporting the true facts of whats really going on inside Tynecastle, I wonder if it's just The Yaks that sell garden gnomes? Is this another merchandising opportunity that Hibs are missing out on? We've had the missing letters and numbers fiasco at the launch of the new kit and now we seem to have missed a trick by denying green fingered Hibbies the opportunity to decorate their gardens with green garden gnomes this summer.
C'mon Petrie...sort this out:grr:
Incidentaly, how much do the gnomes retail at?
http://www.youtube.com/watch?v=ZyQxTWDLZ8o Hahahaha, heeheheehee, let's all laugh at the yams and there admin fees!!
I'm reading tweet frim Jambos saying they have wues round the block!!! P*sh surely
Has anyone done any digging around the Hearts main stand safety certificate recently? There was a rumor on boakback round the 13th June that significant remedial work was necessary before next season. One of the reasons cited for entering administration was increased stadium costs "significantly increased stadium costs particularly in relation to the Main Stand". I wonder if the work has been completed (beyond the paint)? Anyone knows who issues such safety certificates and if related reports are FOI able?
There's a huge untapped market, after all who wouldn't shell out £16 for a plastic gnome or this... :brokenyam:
http://i1277.photobucket.com/albums/...ps182e8342.jpg
At 16 quid a gnome, a quick back of an Allan Carr Easyway to Give Up book calculation tells us that they only have to shift around about 48,000 Gnomes and they will reach their target figure for seeing out the summer....punt another 400,000 next season and they can make a serious dent in the debt.
Probably been posted 10 pages ago but it's a pleasing headline and photo nonetheless:
http://i.imgur.com/adikvnb.jpg
Agreed. I fell out with this clown (by e-mail) after his report on the first game after the CIS cup win in 2007 when he failed to mention the balant shirt-pulling by Zaliukas (i.e. when he pulled Rob Jones' strip up his back and over his head!). Haven't bought the Scotsman since but do read it on-line!
With it's funeral beat and, above all, the lyrics, this one seems to me to be the quintessential Bowie Yament (Yam lament).
http://www.youtube.com/watch?v=QWtsV50_-p4
The inner love on sickback is unreal. Big pats on the back and how "Super duper" great they all are. Yet no real protests have ever happened they are miles and I mean miles off being saved.
The first defeat the heads will go down these fans will bolt, like last season the crowds dropped. They need to get a grip on reality!! Bunch of Fandans.
Am I right in thinking that a few seasons ago they had their water cut off? Tried a quick google search but couldn't find anything.
Exactly, it's a shame on those that lost there jobs and were treated badly. Sure they aren't all kissing each others *****.
Sitting thinking about 1990, that truly was a massive achievement considering there was no Internet just word of mouth. It was twice as hard then to get things up and running yet we did. That mob are going out on a whimper.