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  1. #1
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    What's the clause?

    What was the clause in the contract when we sold McGinn to Villa if they reach the Premiership? Any truth in the claim that we get 2M with a third of that going to St Mirren?


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  3. #2
    @hibs.net private member Ringothedog's Avatar
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    Quote Originally Posted by 147lothian View Post
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    What was the clause in the contract when we sold McGinn to Villa if they reach the Premiership? Any truth in the claim that we get 2M with a third of that going to St Mirren?
    Surely St Mirren have had their cut

  4. #3
    Quote Originally Posted by 147lothian View Post
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    What was the clause in the contract when we sold McGinn to Villa if they reach the Premiership? Any truth in the claim that we get 2M with a third of that going to St Mirren?
    Surely someone on here has a copy in a drawer?

  5. #4
    @hibs.net private member Mibbes Aye's Avatar
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    Quote Originally Posted by Blurry Face View Post
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    Surely someone on here has a copy in a drawer?
    Surely Petrie gets the full transfer fee plus an extra 50%. Any additional transfer fees go directly to Petrie and STF to hire a consultant (probably related to Petrie, but maybe Petrie impersonating his own relative) who spend it on designs for a fifth stand or a helipad but certainly no increase in the player budget. Or maybe a wee nine-hole on the spare land at East Mains.

    If itís anything less then Iíve been reading the wrong messageboard for years
    There's only one thing better than a Hibs calendar and that's two Hibs calendars

  6. #5
    Itíll all be going to the Ponzi scheme

  7. #6
    @hibs.net private member Peevemor's Avatar
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    Quote Originally Posted by Ringothedog View Post
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    Surely St Mirren have had their cut
    Not necessarily. IIRC Hibs were still pocketing dosh from Steven Fletcher's transfers long after he left.

  8. #7
    @hibs.net private member danhibees1875's Avatar
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    Quote Originally Posted by Ringothedog View Post
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    Surely St Mirren have had their cut
    I would expect st mirren to get a cut of anything we get relating to McGinn indefinitely.

    As for us. I don't think it's ever been reported that I've seen other than a few mentions on here. I don't know if it's just grown from someone posting "I hope we get something if they get promoted" to "we're getting something if they get promoted".

    Either way, just in case and because I like McGinn I'll be hoping they get promoted.
    Mon the Hibs.

  9. #8
    Teams who develop a player up to a certain age will receive a certain percentage of all transfers for the rest of a players career. Not a high percentage tho

  10. #9
    This is a nice fresh topic.

  11. #10
    Coaching Staff Jones28's Avatar
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    I can't see Hibs agreeing to give st Mirren another third surely?

  12. #11
    Quote Originally Posted by Jones28 View Post
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    I can't see Hibs agreeing to give st Mirren another third surely?
    The simplest and most logical assumption is that St. Mirren receive 1/3 of of all transfer fees received by us for McGinn.

  13. #12
    No expert, but be surprised if this is the case.

  14. #13
    @hibs.net private member Alex Trager's Avatar
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    Quote Originally Posted by Michael View Post
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    The simplest and most logical assumption is that St. Mirren receive 1/3 of of all transfer fees received by us for McGinn.
    But surely they donít get 1/3 of a promo clause as that is not a sell on

  15. #14
    Testimonial Due SMAXXA's Avatar
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    Sure we have a 15% sell on clause didnít LD confirm, no idea of promotion add ons

  16. #15
    Quote Originally Posted by Alex Trager View Post
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    But surely they donít get 1/3 of a promo clause as that is not a sell on
    Doesn't really matter what the clause is. It's still compensation received for the transfer.

  17. #16
    @hibs.net private member Radium's Avatar
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    Quote Originally Posted by Alex Trager View Post
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    But surely they donít get 1/3 of a promo clause as that is not a sell on
    Unless St Mirren have been foolish they will have a share of any income from the transfer.

    Scenario: McGinn bought for £100k with £2.9M due when named in his first squad.

    If the clause only relates to the transfer fee then selling clubs would just find ways to have a low transfer fee with the income generated from add ons.


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  18. #17
    @hibs.net private member danhibees1875's Avatar
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    Quote Originally Posted by Radium View Post
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    Unless St Mirren have been foolish they will have a share of any income from the transfer.

    Scenario: McGinn bought for £100k with £2.9M due when named in his first squad.

    If the clause only relates to the transfer fee then selling clubs would just find ways to have a low transfer fee with the income generated from add ons.


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    I can't see why the deal would be a % of the initial fee only - seems unlikely.
    Mon the Hibs.

  19. #18
    St Murn get nothing from now on. AFAIK itís 2m for promotion and 15% sell on from profit, so sell 15% of sell on price minus 2.5m

  20. #19
    Let's all make it up as we go along.

  21. #20
    Coaching Staff HoboHarry's Avatar
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    Quote Originally Posted by Brooster View Post
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    Let's all make it up as we go along.
    Quite .....

  22. #21
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    Quote Originally Posted by HibeeMackenzie View Post
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    St Murn get nothing from now on. AFAIK itís 2m for promotion and 15% sell on from profit, so sell 15% of sell on price minus 2.5m
    Out of curiosity how do you know ?


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  23. #22
    Quote Originally Posted by HibeeMackenzie View Post
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    St Murn get nothing from now on. AFAIK itís 2m for promotion and 15% sell on from profit, so sell 15% of sell on price minus 2.5m
    I doubt very much the validity of this comment.
    I understand the developing club is entitled to a portion of all future sell on fees. I read when Victor Wanyamma moved to Tottenham from Southampton, celtic received a min 10% development fee (even though they only ďdevelopedĒ him for a couple of years). If he moves on again, they will get another 10%. If McGinn moves I reckon both Hibsand St Mirren will benefit financially.
    Last edited by sixtwo; 18-05-2019 at 08:08 AM.

  24. #23
    @hibs.net private member Ozyhibby's Avatar
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    St. Mirren will be due a percentage of any money we receive for McGinn.
    We took a lower original fee in order for sell on clauses to be placed on the contract. The meant st. Mirren got less at the time of the sale so they are rightly entitled to collect when the sell on fees come in.


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  25. #24
    Coaching Staff Iain G's Avatar
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    Quote Originally Posted by 147lothian View Post
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    What was the clause in the contract when we sold McGinn to Villa if they reach the Premiership? Any truth in the claim that we get 2M with a third of that going to St Mirren?
    Is there a Sanity Clause?

  26. #25
    @hibs.net private member J-C's Avatar
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    St Mirren get 33% of anything made from the Villa deal, Leeann has stated that they get nothing else in any future transfers, which means any sell on we have is all ours.

  27. #26
    @hibs.net private member Diclonius's Avatar
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    Quote Originally Posted by J-C View Post
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    St Mirren get 33% of anything made from the Villa deal, Leeann has stated that they get nothing else in any future transfers, which means any sell on we have is all ours.
    I'm sure the St Mirren chairman will be on Twitter proclaiming otherwise soon enough.

  28. #27
    Quote Originally Posted by J-C View Post
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    St Mirren get 33% of anything made from the Villa deal, Leeann has stated that they get nothing else in any future transfers, which means any sell on we have is all ours.
    When did she state this?

  29. #28
    @hibs.net private member tamig's Avatar
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    Quote Originally Posted by 147lothian View Post
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    What was the clause in the contract when we sold McGinn to Villa if they reach the Premiership? Any truth in the claim that we get 2M with a third of that going to St Mirren?
    I suspect nobody on here will no the fine detail of what we agreed with Villa. The only clear thing is that St Mirren have had their dues. Anything else is speculation.

  30. #29
    @hibs.net private member Jack Hackett's Avatar
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    To begrudge Saints any further monies for SJM would be churlish. We got him for a very low fee considering the great service we got from him, and a decent price when he left. St Mirren are not a big club and need all the income they can get. Really don't understand why some would want to short change them while we continue to benefit

  31. #30
    @hibs.net private member tamig's Avatar
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    Quote Originally Posted by Jack Hackett View Post
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    To begrudge Saints any further monies for SJM would be churlish. We got him for a very low fee considering the great service we got from him, and a decent price when he left. St Mirren are not a big club and need all the income they can get. Really don't understand why some would want to short change them while we continue to benefit
    It depends on how the deal is structured though. If St Mirren wanted a big cut from the original sale from Hibs rather than negotiating a deal involving smaller percentages on a number of future transfers then that was their choice. I donít think anybody is suggesting we are short changing them or begrudging them what theyíre due. Weíve done our bit under the terms agreed.

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