Probably sensible to wait for an official update from HSL instead of speculating.
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Probably sensible to wait for an official update from HSL instead of speculating.
The thing is it was not inevitable. If we, the supporters, had taken up the offer we would have owned 51% of the club. We chose not to do that and so the shares were there for an outside bidder, in this case Ron Gordon. The only inevitable thing was that STF would have to move on one day. We were offered the opportunity to be in control of how that happened but we chose not to accept that offer in sufficient numbers. The negativity spouted on sites like this helped to ensure that failure happened. Everyone is entitled to their view and to do what they wish with their spare cash if they have any but we cannot then complain if we did not climb on the bus at the controls.
As I said before, there is a new bus at the station with a different destination. We can now choose to climb aboard but this time we must have faith in the driver. It’s our choice. I for one want to be along for the ride and if it means subsidising people who can’t afford the ticket I am happy to do my bit. What I have more difficulty with is bringing along a small but vociferous bunch of moaners full of nothing but negativity.
No problem re your questions. He was asked directly what his ask of the fans was, his response was that our continued attendance and support, he also stated that the academy would require investment from him and the fans, no ambiguity. Possibly other attendees could provide their perspective, I felt that he was clear on the fact that he is looking for fans to make an additional financial contribution in order to deliver his vision.
Ah well, here's one fan who would be happy if a separate Fund was established whereby supporters could make financial contributions which would go directly towards a Capital Project like the construction of a full size indoor pitch.
I've never had any interest in share ownership via the HSL scheme and I know I'm not alone.
Good post. Looking forward to some clarity but it's not like we haven't had a long time to invest in the club on very favourable terms and the HSL directors have done all they can to encourage us to invest. Hopefully, we are still able to build the shareholding with protections that it wont be diluted below 25%. Wake up call for us all now the security blanket of STF has gone?
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You don't seem to realise that share dilution was caused by the STF share issue. The 37% to 33% reduction in fan's current holding would have been reduced without there being a takeover (i.e. in the future when the full share issue was bought by fans).
I agree that monies raised should go to playing budget though - they would be off their trolleys to change that.
Thanks.
That is interesting. Seems like there will be mixed feelings on that. Possibly an opportunity for Hibs to explain more clearly how these fan contributions would be spent and what the ultimate potential benefit is to the first team. If there’s one lesson from recent years, it seems like people want things spelled out in minute detail
I have real reservations about subsidising a millionaire owner with more donations to the academy, first team or anything else for that matter. As has been pointed out we already pay hundreds every year to support our team.
i have no axe to grind with Ron Gordon but if he wants to be the principal shareholder of our great club then he will have to pay for the privilege, above and beyond what he had already put in, for its upkeep.
asking fans to do it (increasing the value of the club for him to own) doesn’t sit well with me at all. I was delighted to pay into HSL knowing it was getting more shares in the hands of supporters. Now I’m not so sure.
irrespective of ur motives, ie contribution for share ownership or to close the gap on our rivals in terms of revenue for players,thw inescapable fact is that stopping contributions can only be detrimental to our cash flow.
We do really need to wait until the club issue a statement on this, and that should be today apparently.
STF wanted out, thats clear. He does not look in the best of health, and will have done checks on Ron. He's turned down bids in the past, and while he wanted off the bus as he said, i'm pretty sure he has the greatest respect and trust in this new owner.
STF wanted to sell, and he was not prepared to wait until such times as we the fans managed to get 51% of the club, and who could blame him, we were hardly knocking the door down to buy these shares.
We apparently have enough shares now to kybosh anything major, but are reliant on Ron to do the good things we all want and take the club forward, just as we were under STF.
A statement over this from the club should clear things up and if HSL carries on in a different mode or not, but we will just have to wait and see, as we do on all things Hibs.
thats where i am. the cash received goes into cash flow however you cut it doesnt it? ill keep paying my 50pm on that basis until im convinced otherwise
The bottom line is if Hibs fans had got right behind HSL from the start we would not be in this position. All the rubbish about PONZI schemes and everything else has only done harm to the club
btw i think we are entitled to see detailed minutes from last nights meeting asap dont you..this is wider thsn hsl
The Trustees of The Hibernian Supporters Association were asked to facilitate the meeting last night to give Ron a chance to meet with supporters.
As such we invited branches to put forward three members to attend. 13 branches were represented along with our trustees and four of our honorary presidents.
As HFC planned this is as an informal "meet and greet" we did not minute last night's discussion. Of course, those branches in attendance will be able to update their members as they see fit.
We will be looking to organise further events with Ron over the course of this season and beyond. As per our recent Q&A with Paul and Robbie, full reports of those events will appear on our website.