HSL - Q & A's

[OfficialHSL]

Question and Answers

We are delighted to report a very positive response to recent initiatives and it is pleasing to note that more and more supporters are choosing to support our Management Team.
Over the coming months we will be making every effort to get as much additional funds to the Club to help bring in more players. We are also closing in on our target of £1.25m and many supporters want to have their names on our Founders Board and our official strip. With this in mind we thought it would be helpful to be available to answer as many questions as we can to help supporters decide if they want to help. We will kick things off with a couple of questions :
Q1. You seem to have had a few technical issues with your web site, are these all now sorted ?
Answer - Yes we have had a number of issues with our web site and needless to say we have had very serious words with the Company who developed this. In particular the password reset function and the contact us button have not worked but we understand that these issues are now fixed. We still have one or two minor things that we are working on to make Supporters lives easier.
Q2. How do I find out if I am already a full Member or how much I have contributed to date ?
Answer - via our web site go to the Menu page and click on “log in”. Use the email that you used when you joined and then enter your password. If you have lost the email that we sent to you please use the reset password function and follow things from there.

Over to you......

HSL

[Ray_]

I have two accounts on the go, I only have access to one [0Z5S2VWX0D], both have been going for close to 4 years and the second was for my student son and I'd like to let him know what it's status is, both my direct debits go out routinely every month. The account I can access naturally only gives details of the direct debit payments that are linked to that account and not the other one.

I have made several requests via email and on here, which have been ignored [including on the last thread on here!] to see how I can get access and also to change my email address as that has changed since I started the accounts and the website won't allow me to update this information.

Ray

[kevinc]

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Question and Answers

We are delighted to report a very positive response to recent initiatives and it is pleasing to note that more and more supporters are choosing to support our Management Team.
Over the coming months we will be making every effort to get as much additional funds to the Club to help bring in more players. We are also closing in on our target of £1.25m and many supporters want to have their names on our Founders Board and our official strip. With this in mind we thought it would be helpful to be available to answer as many questions as we can to help supporters decide if they want to help. We will kick things off with a couple of questions :
Q1. You seem to have had a few technical issues with your web site, are these all now sorted ?
Answer - Yes we have had a number of issues with our web site and needless to say we have had very serious words with the Company who developed this. In particular the password reset function and the contact us button have not worked but we understand that these issues are now fixed. We still have one or two minor things that we are working on to make Supporters lives easier.
Q2. How do I find out if I am already a full Member or how much I have contributed to date ?
Answer - via our web site go to the Menu page and click on “log in”. Use the email that you used when you joined and then enter your password. If you have lost the email that we sent to you please use the reset password function and follow things from there.

Over to you......

HSL

Hi HSL, I have some questions,

Q1. Have you decided what the contribution level and cut off date is for being becoming a founder member.

Q2. Have you considered having more of a presence on match day, not everyone goes on line and having the ability to capture new members at the matches may result in an increase in members.

Q3. Can I swap my personal shares to an HSL contribution

Thanks.

[OfficialHSL]

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I have two accounts on the go, I only have access to one [0Z5S2VWX0D], both have been going for close to 4 years and the second was for my student son and I'd like to let him know what it's status is, both my direct debits go out routinely every month. The account I can access naturally only gives details of the direct debit payments that are linked to that account and not the other one.

I have made several requests via email and on here, which have been ignored [including on the last thread on here!] to see how I can get access and also to change my email address as that has changed since I started the accounts and the website won't allow me to update this information.

Ray

Ray
Could you put this in an email to info@hiberniansupporters.co.uk
HSL

[OfficialHSL]

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Hi HSL, I have some questions,

Q1. Have you decided what the contribution level and cut off date is for being becoming a founder member.

Q2. Have you considered having more of a presence on match day, not everyone goes on line and having the ability to capture new members at the matches may result in an increase in members.

Q3. Can I swap my personal shares to an HSL contribution

Thanks.

Kevin
If you have 1875 Franks (£225) you will be a full and Founding Member.. We have not finalised the cut off date yet. The Club will let us know the latest date we can give info to the shirt manufacturer and we want to give ourselves a few weeks to ensure we have everyone’s name for the shirt. We are are working with 30th September but we are hoping to push this date back if we can to give Members and potential Members as much time as possible.
We have had a presence at Match days in the past but this has not proved popular. Having said this given the increasing interest in HSL we plan to do this next Season.

HSL

[Ray_]

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Ray
Could you put this in an email to info@hiberniansupporters.co.uk
HSL

Will do.

Thank You.

[DaveF]

I know the AGM is before the Aberdeen game but what time and where? (I deleted the email)

Thought it might have been posted on the HSL site but latest news is almost 2 months old.

[MSK]

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I know the AGM is before the Aberdeen game but what time and where? (I deleted the email)

Thought it might have been posted on the HSL site but latest news is almost 2 months old.

The Meeting will take place at 12 noon and will be held in the Captains 1 & 2 Suites which can be entered from the Main Reception in the West Stand 👍

[DaveF]

Thanks MSK.

[MSK]

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Thanks MSK.

👍

[matty_f]

1) How much money does STF make from each share purchased by HSL?

2) What is HSL for (e.g. is it just to raise funds, is it fan ownership, securing the club, signing players etc)?

3) How much of the donations do Hibs get?

4) What is the benefit of having an HSL presence on the board?

5) If fan ownership is a goal, what does that mean in practical terms?

6) People draw comparisons with Foundation of Hearts, we all know that that worked because they had to save their club, so comparisons might not work - is there anything that you can learn from St Mirren or Motherwell's schemes?

7) Why should people donate to HSL?

8) Does HSL dilute STF's and Petrie's shareholding?

9) What do you get if you're a member?

10) What is the difference between an HSL membership and buying shares direct?

[kennedy]

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Question and Answers

We are delighted to report a very positive response to recent initiatives and it is pleasing to note that more and more supporters are choosing to support our Management Team.
Over the coming months we will be making every effort to get as much additional funds to the Club to help bring in more players. We are also closing in on our target of £1.25m and many supporters want to have their names on our Founders Board and our official strip. With this in mind we thought it would be helpful to be available to answer as many questions as we can to help supporters decide if they want to help. We will kick things off with a couple of questions :
Q1. You seem to have had a few technical issues with your web site, are these all now sorted ?
Answer - Yes we have had a number of issues with our web site and needless to say we have had very serious words with the Company who developed this. In particular the password reset function and the contact us button have not worked but we understand that these issues are now fixed. We still have one or two minor things that we are working on to make Supporters lives easier.
Q2. How do I find out if I am already a full Member or how much I have contributed to date ?
Answer - via our web site go to the Menu page and click on “log in”. Use the email that you used when you joined and then enter your password. If you have lost the email that we sent to you please use the reset password function and follow things from there.

Over to you......

HSL

Password reset: can now confirm that it is now working and I have now seen my account for the first time.

[Danderhall Hibs]

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1) How much money does STF make from each share purchased by HSL?

2) What is HSL for (e.g. is it just to raise funds, is it fan ownership, securing the club, signing players etc)?

3) How much of the donations do Hibs get?

4) What is the benefit of having an HSL presence on the board?

5) If fan ownership is a goal, what does that mean in practical terms?

6) People draw comparisons with Foundation of Hearts, we all know that that worked because they had to save their club, so comparisons might not work - is there anything that you can learn from St Mirren or Motherwell's schemes?

7) Why should people donate to HSL?

8) Does HSL dilute STF's and Petrie's shareholding?

9) What do you get if you're a member?

10) What is the difference between an HSL membership and buying shares direct?

Good questions - these seem to come up a lot when HSL post so it will be good to put some myths to bed and hopefully encourage more to sign up.

[hibbydad]

I cannot believe these questions are being asked again they have been answered so many times. STF is making nothing out of this his shareholding is being diluted and all the money goes to the club

[Danderhall Hibs]

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I cannot believe these questions are being asked again they have been answered so many times. STF is making nothing out of this his shareholding is being diluted and all the money goes to the club

They keep coming up though and are blocking the progress of HSL. An official answer and somewhere to point to next time it’s being dragged up by someone would be great.

[matty_f]

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I cannot believe these questions are being asked again they have been answered so many times. STF is making nothing out of this his shareholding is being diluted and all the money goes to the club

Handy to have that on one Q&A thread, though.

[OfficialHSL]

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Hi HSL, I have some questions,

Q1. Have you decided what the contribution level and cut off date is for being becoming a founder member.

Q2. Have you considered having more of a presence on match day, not everyone goes on line and having the ability to capture new members at the matches may result in an increase in members.

Q3. Can I swap my personal shares to an HSL contribution

Thanks.

Kevin
Just realised we did not answer your third question :
Q3 - yes, you can donate your existing shares to HSL. Simply write a letter to the Club telling them what you want to do. We would always suggest retaining a couple of shares for your mantle piece as well as ensuring your right to attend AGMs

HSL

[Iggy Pope]

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Kevin
Just realised we did not answer your third question :
Q3 - yes, you can donate your existing shares to HSL. Simply write a letter to the Club telling them what you want to do. We would always suggest retaining a couple of shares for your mantle piece as well as ensuring your right to attend AGMs

HSL

A nice sentiment.
It might be worth a word to the admins to request that your thread is kept to Q&A.
It’s a good initiative and it would be a shame if opinion rather than fact come into it and clouded the content. There’s plenty of other threads for folks to air their viewpoint.

[OfficialHSL]

Iggy
We are not sure what you mean. We hope we have answered the question accurately ?


HSL

[OfficialHSL]

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Hi HSL, I have some questions,

Q1. Have you decided what the contribution level and cut off date is for being becoming a founder member.

Q2. Have you considered having more of a presence on match day, not everyone goes on line and having the ability to capture new members at the matches may result in an increase in members.

Q3. Can I swap my personal shares to an HSL contribution

Thanks.

Kevin
Just realised we did not answer your third question :
Q3 - yes, you can donate your existing shares to HSL. Simply write a letter to the Club telling them what you want to do. We would always suggest retaining a couple of shares for your mantle piece as well as ensuring your right to attend AGMs

HSL

[kevinc]

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Kevin
Just realised we did not answer your third question :
Q3 - yes, you can donate your existing shares to HSL. Simply write a letter to the Club telling them what you want to do. We would always suggest retaining a couple of shares for your mantle piece as well as ensuring your right to attend AGMs

HSL

Thank you , very helpful and I appreciate your suggestion.

[Baldy Foghorn]

In what way is gifting your own shares to HSL better, than holding onto them yourself?

[Pagan Hibernia]

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In what way is gifting your own shares to HSL better, than holding onto them yourself?

Everyones different. Some people might like the idea of being part of a collective and helping HSL achieve their target of 25.1% ownership. Others won’t. No one is wrong (except the ones who spread malicious lies about HSL).

[Hamish]

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In what way is gifting your own shares to HSL better, than holding onto them yourself?

It gets HSL nearer the target detailed on their website -
Our target is to achieve a meaningful stake, such as 26%. This will allow our Members to be represented at Board level and of course provide a blocking vote in the event of any future majority shareholder having dishonourable intent.

[overdrive]

I think one of the agenda items for the AGM is a proposal to increase the minimum donation amount for membership from the current £225. When is it proposed that this would take effect if the motion is passed?

[Baldy Foghorn]

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It gets HSL nearer the target detailed on their website -
Our target is to achieve a meaningful stake, such as 26%. This will allow our Members to be represented at Board level and of course provide a blocking vote in the event of any future majority shareholder having dishonourable intent.

Do shareholders not already have more than the 26%, between HSL and direct buyers though? What's the benefit of having representation at Board level?

[Iggy Pope]

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Iggy
We are not sure what you mean. We hope we have answered the question accurately ?


HSL

I meant the thread would be better kept to Q&A which is what I thought you intended. Now we’ve got Qs with the A being given by the rest and debated throughout. Gets messy and opinion gets in the way of the facts.
I never asked a question but I was interested in the initiative.
PS.. when I remarked about the nice sentiment I meant it. Not every comment is a dig.

[BSEJVT]

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Do shareholders not already have more than the 26%, between HSL and direct buyers though? What's the benefit of having representation at Board level?

HSL having such a holding absolutely guarantees that the blocking vote is there and will be used.

There are numerous large nominee holdings of shares which muddy the water in regard to how much the ordinary Hibs supporter who could be relied upon to exercise a blocking vote actually holds.

Whilst never an advocate of complete fan ownership I like the idea that we have a board member there by right rather than nomination who can be guaranteed to act upon the wishes of HSL members without fear or favour

[Baldy Foghorn]

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HSL having such a holding absolutely guarantees that the blocking vote is there and will be used.

There are numerous large nominee holdings of shares which muddy the water in regard to how much the ordinary Hibs supporter who could be relied upon to exercise a blocking vote actually holds.

Whilst never an advocate of complete fan ownership I like the idea that we have a board member there by right rather than nomination who can be guaranteed to act upon the wishes of HSL members without fear or favour

Good answer BSEJVT, bit of clarity given, cheers

[kevinc]

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In what way is gifting your own shares to HSL better, than holding onto them yourself?

For me it is better as they are not really anything other than a piece of paper, for HSL they add to the current shareholding, for all the negativity surrounding HSL I am still not seeing any alternatives being offered; loads of sniping and reluctance to invest but little in the way of credible options to keep us competitive (financially) with Aberdeen and Hertz.