£3m in, £0 out, and the most expensive Board in the league...

[new malkyhib]

...at £400k plus per year.

Discuss.

[bingo70]

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...at £400k plus per year.

Discuss.

the transfer windows doesn't slam shut till the end of august, the season is still 2 weeks away and Yogi has said there's some money there for him when he finds the right person.

[BoltonHibee]

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...at £400k plus per year.

Discuss.

Do you know what the breakdown of the £400k is?

[sleeping giant]

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...at £400k plus per year.

Discuss.

Alright Malky ?

[mentalhibee]

Poor show from the board we've sold about 15million worth of talent over the last few years and spent next to nothing! Hopefully yogi gets some cash to spend on a few quality players that will make our team a cut above the rest of the mediocre teams in the spl but i cant see it. Yogi's got the passion for hibs but he needs some financial backing if we wont to progress, it seems to me that the board are happy to be a mid-table club and hope that the promising youngsters go on to make them even more money! If we sign a good centre half and striker before the season starts i'll be pretty happy.

[bingo70]

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Poor show from the board we've sold about 15million worth of talent over the last few years and spent next to nothing! Hopefully yogi gets some cash to spend on a few quality players that will make our team a cut above the rest of the mediocre teams in the spl but i cant see it. Yogi's got the passion for hibs but he needs some financial backing if we wont to progress, it seems to me that the board are happy to be a mid-table club and hope that the promising youngsters go on to make them even more money! If we sign a good centre half and striker before the season starts i'll be pretty happy.

We had already spent it building up massive debts which had to be paid back, we've also built a training centre as well as increasing the budget every year on the playing side.

Money has been spent by the board, it's just it's gone on the long term benefit of the club rather than some short term risks on players we couldn't have afforded once the transfer money had run out.

[snooky]

Given the choice, I'd rather have a rich board than watch decent football every time.

:

[ScottB]

Give them a chance. And remember Mixu spent his way through a good million during his time, indeed we probably spent the most of all non Old Firm teams on new players last season.

[Hibbyradge]

Like it's not been "discussed" before.

However, where do you think the £3m is going?

[IWasThere2016]

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Like it's not been "discussed" before.

However, where do you think the £3m is going?

On bottom line .. and therefore also part of the Board's PRP

[jgl07]

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...at £400k plus per year.

Discuss.

Give it a rest and get back to kickback.

[Mikey]

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...at £400k plus per year.

Discuss.

You never got round to answering this question........

http://www.hibs.net/message/showpost...2&postcount=22

Any chance you can do so now?

[Woody1985]

[Hibby 2005]

Building and maintaining East Mains, new stands built/being built to make the ground complete, they are the priorities, throwing money at players is not. It's a long-term game Hibs are playing therefore we have to wait patiently to reap the benefits.

Thank-you and good day, RP.

[hibees_green]

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However, where do you think the £3m is going?

It's paying for our lack of success on the park.

[scott7_0(Prague)]

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...at £400k plus per year.

Discuss.

How long you been a Hibby?

[Speedway]

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...at £400k plus per year.

Discuss.

It's not though, is it?

[blackpoolhibs]

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Do you know what the breakdown of the £400k is?

£300k for Rod, and the rest is in a high interest account for Deeks fines.

[banarc7062]

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Given the choice, I'd rather have a rich board than watch decent football every time.

:

Too true. Who wants to watch entertaining football with the occasional win thrown in for good measure. We must have the best Board in the country, envy of all Scottish Football 'Mon the Board

[smurf]

I do think it's a legitimate question to ask on why we do have such an expensive board of directors.

When their remuneration is taken out i wonder how our wage bill compares with other clubs we're supposed to be competing with?

[Leith Green]

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Give it a rest and get back to kickback.

Why are you so obssesed with calling people Yams for voicing an opinion different to yours? Grow up and get a grip , thats what football forums are for, to discuss different opinions..

[matty_f]

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I do think it's a legitimate question to ask on why we do have such an expensive board of directors.

When their remuneration is taken out i wonder how our wage bill compares with other clubs we're supposed to be competing with?

you need to compare their salaries against directors in edinburgh companies, rather than against other clubs because we've recruited from outside football to get the people most likely to be best suited to the jobs. if we didn't say the going rate we wouldn't be able to get them.

[RIP]

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I do think it's a legitimate question to ask on why we do have such an expensive board of directors.

When their remuneration is taken out i wonder how our wage bill compares with other clubs we're supposed to be competing with?

It may also be a legitimate question why we need three accountants; three experts in business financials; belt braces and extra buttons to make the books balance

If our player budget is now being cut from £1.6 million to £1.2 million due to the economic downturn - what sacrifices are being made at board level?

[Craig_in_Prague]

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It may also be a legitimate question why we need three accountants; three experts in business financials; belt braces and extra buttons to make the books balance

If our player budget is now being cut from £1.6 million to £1.2 million due to the economic downturn - what sacrifices are being made at board level?

I can't reveal my source, but I do believe Petrie has cut down with his 'tache grooming, during this global crisis. Give the guy a break FFS

Whether he had the costs going through the books or paid personally, only 1 of the other 2 accountants could answer that.

[smurf]

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I can't reveal my source, but I do believe Petrie has cut down with his 'tache grooming, during this global crisis. Give the guy a break FFS

Whether he had the costs going through the books or paid personally, only 1 of the other 2 accountants could answer that.

What do you mean "Give the guy a break FFS"?

Are we now in an era where we just can't as a support ask questions anymore? We'll just all shut up, smile and be happy regardless?

It's not about just having a pop at the board. It's absolutely about wanting to see every single damned available penny we can generate spent on the park.

Because the signs are it's maybe needed.

The facts are that this board is presiding over underachievement year in and year out.

[RIP]

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I can't reveal my source, but I do believe Petrie has cut down with his 'tache grooming, during this global crisis. Give the guy a break FFS
Whether he had the costs going through the books or paid personally, only 1 of the other 2 accountants could answer that.

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What do you mean "Give the guy a break FFS"?

Are we now in an era where we just can't as a support ask questions anymore? We'll just all shut up, smile and be happy regardless?

Smurf - please read CFP's post again and I think you'll cotton on to the possibility that his tongue was very firmly in his cheek

[hibees_green]

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..we've recruited from outside football to get the people...

That explains a lot on the playing front

[smurf]

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Smurf - please read CFP's post again and I think you'll cotton on to the possibility that his tongue was very firmly in his cheek

Oops!!

[Ozyhibby]

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If our player budget is now being cut from £1.6 million to £1.2 million due to the economic downturn - what sacrifices are being made at board level?

Where do these figures come from?

From what i remember our turnover is around £8m and our salary ratio around 50% of that, which would put our wage bill at around £4m.

I know we are tight but those figure seem to be totally unrealistic?

[jgl07]

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Where do these figures come from?

From what i remember our turnover is around £8m and our salary ratio around 50% of that, which would put our wage bill at around £4m.

I know we are tight but those figure seem to be totally unrealistic?

They are just plucked out of the air by the D&G brigade and the Jam inflitrators.

Hibs wage bill for 2007-2008 was £4.6 million.

This was around 60% of the £8.1 million turnover.

http://www.football-finances.org.uk/hibs/