Looking for ideas how the fans could help in funding the stand, allowing the work to be brought forward? I was thinking along the lines of making either a one-off donation or a monthly direct debit to get a name-plate on a seat and maybe getting priority to purchase a season-ticket there.
Don't know if this would work but it might start off getting some better ideas into the frame and give the club an initial sum of money to, at least, get the project started.
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Thread: Funding the stand - supporters
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08-10-2009 01:48 PM #1
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Funding the stand - supporters
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08-10-2009 01:54 PM #2This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 01:55 PM #3This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 01:57 PM #4
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08-10-2009 01:59 PM #5
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How about filling it at every home match once built.
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08-10-2009 02:02 PM #6This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 02:06 PM #7
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5,000 x £22 = £110,000 x 19 = £2.1m.
A good start.
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08-10-2009 02:11 PM #8
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I think the build the east stand was dicussed heavily on the agm nots thread but i tend to agree that we should try fill the current stadium 1st route but it was mentioned somewhere that it was a possiablity to built new loo's in the east cos im sure everyone agree thats maybe the biggest problem just now with regards the east?
well its my biggest problem with the east
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08-10-2009 02:15 PM #9This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 02:34 PM #10
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08-10-2009 02:39 PM #11
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I suspect STFs fortune, is locked up in various places the same as most other folks money.
Would you expect every Hibby to liquidate, say 5% of their assets to fund the stand?
5% of their house value? 5% of their pension fund? 5% of everything else they own?
How easy would it be for you to put together £10-20,000 for the new stand?
Not easy, me neither, and STF is probably pretty much the same! Particularly in the current financial climate!
And anyway, we’re a football club not a charity.
Space to let
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08-10-2009 02:52 PM #12
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08-10-2009 03:06 PM #13This quote is hidden because you are ignoring this member. Show Quote
Murray came to Ibrox after most of the work was completed and two years or so after Souness arrived.
It was Rangers' previous chairman who deserves the credit for rebuilding Ibrox.
You could also add in Fergus McCann at Celtic.
He took over when they were averaging 10,000 at Parkhead (7,000 when the boycott was in operation). He proceeded with a plan to build a 60,000 seater stadium. He then conducted a marketing campaign to fill it.
McCann introduced part season ticket packages covering around half the matches including Rangers, Hibs, Aberdeen, etc to appeal to supporters in Ireland or England who could not make every match. Hibs could learn something from that approach.
At the peak during Mowbray's time at Easter Road even through the crowds were short of capacity the only seats available were in the East (plus the South for Category B matches). Most of the available seats in the East were 'restricted view' (well all of them are as far as I am concerned!).
A successful Hibs side would outgrow the current Easter Road.
The negativity of many on here is really depressing.
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08-10-2009 03:12 PM #14This quote is hidden because you are ignoring this member. Show Quote
Celtic have never averaged as low as 10,000 in the last 30 years.
Murray at Ibrox added the top tier (club deck) to the main stand, filled in the corners and lowered the pitch to add extra rows at the front of the stand, adding a total of around 9-10,000 to the capacity.
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08-10-2009 03:15 PM #15
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When the club do go for it I would be up for making a one off contribution of ~ £100. I do not have a season book or go every week so a name on a seat is of no use to me but I would like something like a name plaque somewhere at the LSS with the names of all who contributed.
It could be that only a few hundred fans contribute but even if they did it would still be £20K less that Rod would need to find and I would imagine there would be a hell of a lot more willing to put in something like £100 than 200 fellow Hibees.
Can anyone remember how many people actually became shareholders when the opportunity arose in the late 80's. I was a student back then and went halfers with a pal and still have my Certificate. That cost me £120 I think. I am sure there were several thousand who parted with their cash.
In the 90's we made sure Mercer failed and we have grown from there and now is the time to make our ground the best outside of Glasgow and something the next generation of fans can benefit from.
It's our club and every fund raising angle should be explored no matter how trivial it appears.
KennyH
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08-10-2009 03:28 PM #16This quote is hidden because you are ignoring this member. Show Quote
They had poor crowds of around 25,000 (excluding OF matches) in the following season at Hampden if I remember correctly.
McCann could have take the view that 35,000 would be enough for Celtic and gone with a modest rebuild. He took a positive view put in his own money and did remarkably well out of the deal.
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08-10-2009 03:32 PM #17This quote is hidden because you are ignoring this member. Show Quote
I don't know what happened to the cash in the end.
Eventually a plaque was put up in the Famous Five stand listing the contributors.
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08-10-2009 03:35 PM #18This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 03:35 PM #19
Screw this getting the fans to pay for it. Get sponsors to pay for it! There are talks on here about Adidas coming in and being shirt sponsors etc. Why not sell the plans we have to build the new east and get Adidas to pay for the new stand.
We have the FF stand. Whyte and MacKay stand West stand why not have the Adidas east Terrison?
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08-10-2009 03:49 PM #20
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it was then and is now all
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08-10-2009 03:54 PM #21
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Its not negativity, its logic. Right now money is low to everyone, supporters and the club. If you think a succesful team would outgrow easter road then you may be right. But to get a successful team you need to spend money on players and hope that it comes off. If we were to build the stand and keep investing in the team, to produce a side that would sell out a new easter road it would plunge the club into debt. The problem with throwing money and the side is that there is no guarantee it will happen on the pitch, we could get horsed out of every cup early and finish in the bottom 6. Then we will be left with a stadium that is almost empty a mediocore side and lots and lots of debt.
If the east stand was empty and people were furious about it and boycotting games because of it then the club would act. People are still going. The club is being run responsibly, trying to work within their means!
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08-10-2009 03:55 PM #22
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08-10-2009 03:56 PM #23This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 04:56 PM #24
The SRU raised the money for Murrayfield (£50M) through a debenture scheme. Surely we can raise £5M with a similar idea, buy a seat for 5,10,20 years?
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08-10-2009 05:16 PM #25This quote is hidden because you are ignoring this member. Show Quote
Bottom line is this
1. We cannot fill the present stadium and adding more seats will largely be empty seats - net position - negative
2. Knocking down a stand impacts that years revenue
3. Fans contributing money makes no real difference. Even if half the season ticket holders gave £100 each (v unlikley) that would only be £1/2M and would not be the basis for going ahead with the project - would not even be 10% of total cost.
Selling a player is the best bet. However there is no-one on Hibs books at present thats worth real money. We sold them all. Added to the fact that we seem to have to sell players just to stay still we need more than one big sale.
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08-10-2009 05:29 PM #26
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We would all love a new stand but its just not the time to be doing it. I think one possibilty is that when STF sells up to someone that the new owner would build it. Might be a while but there is no need just now. Def needs a refurb tho and thats happening in the next few months.
One good idea that has already been mentioned would be to sell shares to people for a reasonalble amount say £50 minimum. Im sure this would attract a lot of interest but could you imagine the AGM! You would need to have the tables set out on the pitch and the floodlights on! Just not realistic. Would also cost HFC more money on printing the accounts and sending them out than the initial investment!
Anyway lets gets our side winning on the park and more people paying each week and take it from there!
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08-10-2009 05:31 PM #27
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08-10-2009 05:41 PM #28
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08-10-2009 06:50 PM #29This quote is hidden because you are ignoring this member. Show Quote
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08-10-2009 10:32 PM #30
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When the North and South stands were being built the club did appeal for supporters to make a contribution. I think it was called the Hibs 100 campaign because they wanted a minimum donation of £100. I duly stuck in a 100 for myself and a 100 in my wife's name and our names went upon the board. I was happy to contribute then and would probably do so again if asked.
The interesting thing I remember from that time was how involved STF was in the project. I remember attending a fans forum type meeting with the then chairman Dougie Cromb. He said that the club had only envisaged building basic stands, but that STF had decided that it would make more business sense to create a facility that could be used on other than just football occasions.
That is why the FF stand has the high quality lounges/function suites etc.
It seems a shame that his involvement with the club now seems to down to the barest minimum.
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