Anyone else get handed the card with the question about asking STF why we rent east mains from him?
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Anyone else get handed the card with the question about asking STF why we rent east mains from him?
The football club owns East Mains and pays no rent to anyone for it.
I'm sure the accounts or club recently said it costs the club about 1/2 million per year for the running etc
One of the fans handing out the cards was one of the protesters who disrupted the meeting with L D. Not sure about the truth of what the card said.
I was handed a card outside the ground before the game.
One question on the card says as follows: I quote...
"HANDSONHIBS
Q) Can YOU also ask Tom Farmer, WHY OUR Hibernian Football Club is paying the Farmer family hundreds of thousands of pounds each year to rent the East Mains Hibernian Training Centre.....When in fact it was the multi-million pound sales of OUR young players plus Hibernian supporters own money that funded the build of the East Mains training centre?"
more information to follow...
#Hibileaks"
What's all that about? Who are #Hibileaks?
I was going to post on this but you beat me to it.
Never heard this before and there have been a number of accounts published since EM was built. Have to say I would need to see cast iron proof before I would believe it.
There is no proof but those behind this ''campaign'' probably don't care. All they want to do is spread malicious rumours to further some as yet unknown agenda of their own. We all care deeply about our club and many of us want change but this does nothing to help.
Capitalising IMPORTANT words makes you come across as more INTELLIGENT and only serves to strengthen YOUR argument. FACT.
I have copies of all of the accounts since 2003 and they all show that no rent was paid to Sir Tom Farmer or any of his family. The only rent for land and buildings that was paid during that time was £24,000 per annum paid to HFC Holdings Ltd for the ticket office.
These leaflets are not only an attack on STF but also on the integrity of KPMG as auditors.
There has been a rumour kicking about for a while that Farmer has been fleecing the club. Time will tell if this is true. All the card is really saying is let's ask the question. It also seems for many on here Farmer can do know wrong I can assure you Farmer is a businessman first and foremost so don't just disregard these rumours ( no smoke without fire )
There's also no full stop after 70th birthday.
Shocking.
Dangerous things to say if no proof.
The question is asked by the auditors every year, but the truth is that the football club OWN the property, therefore they can't possibly RENT it as well.
And it's not a case of STF doing no wrong, it's a case of objecting to defamatory rubbish issued by halfwits.
It will be interesting to see if any response is given by the club or if they ignore. The comments re stadium sale and Straiton are the most concerning and somewhat surprising
You can get them here at a quid a time...
http://wck2.companieshouse.gov.uk//wcprodorder?ft=1
You can see them here.........
http://www.hibs.net/forumdisplay.php?37-hibs-net-Vault
Can anyone scan and copy one of these leaflets on here.
There was a " Hands on Hibs " action group around a few years ago but I thought that grouping had died out.
Sounds pretty desperate , foul stuff to me.
Hibernian Football Club does not solely own the stadium or East Mains. For someone that seems so sure of the accounts your missing vital points.
Ever wondered why confidentiality agreements had to be signed when the takeover groups were in talks regarding buy out.
How can s.t.f. Be fleecing the club ,he owns the club,he would be stealing from himself.he puts money in ,then takes it back,if that is indeed the point.i never would nor could accuse s.t.f.of taking money out of the club,simply because I can't prove it.i was handed a card before the game,I read it then binned it complete nonsense.
I assume Cavendish they would be shown as assets in the accounts?
This is a regurgitation of the nonsense that came out years ago. Designed to try and undermine STF. Hands on Hibs should tell you who!
Ah ha! Predictive spelling! Apologies!
It's the old Hibernian FC/Hibernian holdings argument as shown by his post on the holyrood boxing facebook page.
You are totally right Caversham KPMG would never allow EM to be shown on balace sheet as an asset if it was not owned by Hibs. This raises great concerns in my mind re Kano's campaign. Again I say we must deal in facts not rumours and unfounded speculation
This is nothing to so with anything linked to SDS or forever Hibernian. This is totally independent of anything else as far as I am concerned. Hands
On Hibs have chosen this route whilst other have opted for different routes. The surveys etc are the best starting point to move to further discussions.
I am keen to see if any evidence re all this
Agreed but the fact is we are, as a football club, in a real mess. Winds of Change ? We were 12 minutes from being bottom or the championship. On a brighter note is was good to see Pat looking so well. Wonder why Jimmy O'rourke was not there. He was ill for a bit but feeling better i heard. Anyone met up with Jim lately ?
The hibs.net experts have publicly available accounts to back them up. So far, hibileaks has provided a card they handed out before the games with nothing other than that to back up any claims.
Until anything further is provided, it's kind of hard to believe anything more.
"you may or may not know that Hibernian F.C does not own Easter Road Stadium, Tom Farmer's "Hibernian Holdings" does" - Lie.
"Farmer BROKE HIBS UP INTO BITS he put all the realisable assets into HIS HIBERNIAN HOLDINGS Company, Straiton being but just one of many" - Lie, despite the impressive use of upper-case font.
"Hibernian Football Club is paying the Farmer family hundreds of thousands of pounds each year to rent the East Mains Hibernian Training Centre" - Lie.
There's three for you. Franky they're so ridiculous and devoid of any grounding in reality that I hope they're considered no more worthy of a response from the Club than me alleging that Rod Petrie is, in fact, a lizard.
The old adage was follow the money but with Hibs that is near impossible thanks to dummy companies, holding companies and the like. Even a Philademphia lawyer would struggle. We need clarity. And we need Petrie gone.
Thats just it though. Nobody knows what info they claim to have.
If they believe they have credible evidence of something dodgy, then call a meeting or a press conference and present it to people. This silly cloak and dagger stuff doesn't do anyone any favours, most of all them.
Hibernian Football Club Ltd owns the stadium and training centre outright.
Hibernian Football Club Ltd does not pay any rent for the use of the stadium or training centre. It's bizarre to even suggest anything else given the company owns them.
It really is that simple.
Can you provide confirmation re your accusation ?
If so please attend the AGM with that proof and it can then be discussed
Of course STF is a business man , whom I have known personally since he and his father started a tiny tyre business at Abbeyhill , but does that make him dishonest ?
Give us some absolute proof - if you have it
:rolleyes:
" Farmer" doesn't have to clear things up. Hibs publish audited accounts every year which prove that these insinuations are no more than scurrilous pish.
Are you capable of understanding that or are you going to continue to stir the ***** with almost every post you make on this board?
If we were paying the figure I was told about last night to Farmers company then it would go some way to explaining why we haven't produced anything since East Mains opened.
98% of the club's shares is owned by HFC Holdings Ltd, the other 2% is owned by fans in general.
10% of HFC Holdings Ltd is owned by Rod Petrie, the rest is under the control of Sir Tom Farmer. The structure that makes up that 90% is irrelevant to the club.
Not that difficult and I've never even been to Philademphia.
Where is this "figure" coming from? It can't be the football club or it would show in the accounts. It can't be disguised as something else (eg. wages) as it wouldn't get past the auditors.
There seems to be people claiming to be "in the know" who in reality know the square root of sod all.