There conditions that club should be run properly financially. Obviously that will happen with Benny on the board.
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There will have to be a major culture change at the club for them to be run properly. The whole HMFC financial model is based on (and has been for decades) relying on outside funding. They must have spent nearly £130m of external funding over the last 25 years. Heaven help them if they ever need to run the club to a limited budget.
I’m sure Benny is leaving BG to start or become chairman of another investment group though. Even if not, you’d imagine his substantial wealth would be well invested and earning around 5-10% PA. That alone would probably produce £5-10 million a year and more than enough to Chuck those *unts a couple of million a year even after his retirement.
I think a few BG funds and other investors have averaged more than 10% in the last few years. Apple is up 300%, Tesla is up god knows how much. Benny is one of the top stock spotters so even though, Scottish Mortgage is down, I’m sure he will be well catered for with his cash.
I think we may have been a bit hard on Chris Robinson over spending for success. Clearly he was put under intolerable pressure :greengrin
https://www.youtube.com/watch?v=rgHQNYbw9GY
Is Robinson saying Dundee were clutching at straws to expect to receive the 2nd tranche of the £338k Hearts owed them for the sale of Neil McCann before Hearts had received the 2nd tranche of the £2.7m sale of him from Rangers 2 and a half years later? If he is then that's a disgusting way to operate however, if he was referring to a sell-on clause percentage (were sell-on clauses a thing in 1999) then that would be fair enough.
Im sure James Anderson is a wealthy man, but his name has never appeared on any Sunday Times rich list or Scottish rich list as far as I know.
The Anderson family certainly seem to be into football , James joining the Hearts board and both his wife and daughter going on the board of Glasgow City f c. at the end of last year.
Hope the wife and daughter ensure the family football kitty gets shared evenly.
Scottish Mortgage Investment Trust down nearly 25% from its peak. Growth and hi-tech sticks are being hit by the certain rise in interest rates in the US this year. Economy is recovering and we have worker shortages and supply chain problems. Both contributing to the highest inflation for decades. This is not a good environment for investing. It will make Benny more prudent on how he dishes out his money.
Interesting watching Kevin McKenna playing for Forest tonight.
Think Aberdeen sold him for £4m. Know a few Yams who said 'Soutter is way better than him and must be worth over £6m'
Well it doesn't appear they are going to get £6m for Soutter.
Talk about getting their transfer policy wrong.:faf:
Little look over keekback this morning and had a look at the hearts vs hibs April thread asking if it will be on tv.
No point turning up guys as according to this guy...
May depend. We'll have sealed top 3 by then so will be a dead rubber for us. It'll come down to if Hibs are already consigned to the bottom 2 by then or if they can still mathematically escape at least the play-off.
Not really sure if half of hearts fan are serious with these kind of comments.
JKB meltdown all over twitter again about Souttar and Der Hun. The only way they could be more upset is if St Mirren agree to take him on loan for the remainder of the season having agreed to leave this window.
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To save me scrolling through 2895770832572 posts on this thread, could some kind soul link me to the "That's what I call a planning application" photo/s? :dunno:
I knew saving these artist’s impression pics would be useful one day. :greengrin :wink:
They are dated November 2007. Very much a case of “let’s see what you could have won!!”.
Attachment 25542
Attachment 25543
🤣🤣 even their fantasy pictures are a **** up.
In the first one the whole end section of the "New Stand" have to look through the floodlight pylon to see the 6 yard box/goal.
Another classic banner yesterday to add to the collection.
They really are a rather odd lot.
https://i.postimg.cc/jdqyJs6p/47623-...FC2-CE4642.jpg