HSL can't buy any more shares are there are none available.
Is a change of articles of association needed, maybe rebrand stating donations go into playing squad?
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Thread: Hsl
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10-07-2019 08:47 PM #1
Hsl
"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 08:52 PM #2
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10-07-2019 08:59 PM #3This quote is hidden because you are ignoring this member. Show Quote"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 09:04 PM #4
Sooner Official HSL comes on to give us a full indication on where we stand with percentages and the rest of it the better
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10-07-2019 09:08 PM #5This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:08 PM #6This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:09 PM #7
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That is disappointing Baldy I really believe the way forward would be to allow more supporters to buy shares in the club
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10-07-2019 09:09 PM #8This quote is hidden because you are ignoring this member. Show Quote"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 09:10 PM #10This quote is hidden because you are ignoring this member. Show Quote"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 09:12 PM #11This quote is hidden because you are ignoring this member. Show Quote"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 09:13 PM #12
HSL mandate/article of association was to collect monies to buy shares. Now no shares available do we keep donating for playing budget?
"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 09:15 PM #13This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:15 PM #14
I think a rebranding would make sense - clean slate which I feel would get more fans involved.
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10-07-2019 09:16 PM #15This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:18 PM #16This quote is hidden because you are ignoring this member. Show Quote
Therefore HSL now has a lower % of the total shares.
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10-07-2019 09:18 PM #17
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Obviously diluted we need as many shares in supporters hands as possible including HSL I feel this is very disappointing
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10-07-2019 09:19 PM #18This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:19 PM #19This quote is hidden because you are ignoring this member. Show QuoteCougars!!!
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10-07-2019 09:19 PM #20
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Was never about fan ownership for me. Not really bothered about that. Just wanted to contribute to the player budget.
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10-07-2019 09:22 PM #21
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Rebranding of HSl and maybe offer items more than just shares to entice donations to the playing budget. Shop discounts, for example.
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10-07-2019 09:22 PM #22
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Since452 it was all about having a decent percentage of shares to block a hostile takeover not total ownership
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10-07-2019 09:26 PM #23This quote is hidden because you are ignoring this member. Show Quote"There's class, there's first class and there's Hibs class" - Eddie Turnbull
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10-07-2019 09:28 PM #24This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:30 PM #25This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:31 PM #26This quote is hidden because you are ignoring this member. Show Quote
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10-07-2019 09:32 PM #27madhatterLeft by mutual consent!
This requires statements from the club and HSL tbh. Those fans that viewed HSL as safeguarding the club will have some fear over this. I'll be considering whether I keep donating. Not in anyway Jim's fault but HSL and the clubs collaboration with HSL has been poor at best. I actually think we've done well with donations considering there were no appreciations spoken about until recently which could be scrapped because of this - kit with names on it.
People possibly sacrificed something in their lives to help the club, I remember the whole thing about avoiding a coffee or two every month. Moving the goalposts on some key aspects such as fan ownership (safeguarding) should be communicated in advance or as swiftly as possible.
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10-07-2019 09:38 PM #28
I made this point as soon as the takeover was announced. It was obvious to me that the current HSL model was dead in the water. Farmer was willing to dilute his share, but there was no way the new guy would pay all that money and just give a large share of it up for no personal gain. I hope HSL continues as a managers fund as I would be happy to still keep up the donations for that.
United we stand here....
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10-07-2019 09:39 PM #29
More still to be updated in this space from the club and HSL.
Collectively we’re at 33% - that’s a comfort and protection.
Supporter participation is very good and the intent is great.
Ron did say he was open to talks on this down the line - a supporter owned club or a club that has supporter ownership but has a majority shareholder. Big challenges (financial liability and decision-making) to being a supporter owned club.
More to come on this and looking forward to hearing it.
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10-07-2019 09:40 PM #30
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I dont want to judge until more is known, but it does seem both inevitable and a touch disappointing.
HSL is a noble idea, and I am a member as is my son, but it has always struggled and this seems like it's death knell.
Personally though, I would continue to support some form of funding for the club.
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