This. I have no fundamental issue with the club not issuing more shares but only on the basis that there is a clear strategy and plan that covers:-This quote is hidden because you are ignoring this member. Show Quote
1. The new owner - shares why he bought Hibs and what he wants to achieve and how he wants to go about it
2. The club communicate the priorities on and off the park and how this will be funded including approach for external funding.
3. The club and HSL and others find a way to ensure fans will want to continue to pay money into Hibs to help (like me) can do so in an attractive (for supporters and club) method, supported by an ongoing campaign to help invest in the club.
Right here right now - 1. We have had a 5 min interview and zero depth. 2. Is outstanding 3. Couldn’t be more shambolic and broken.
Results 31 to 55 of 55
Thread: New HSL email - No more shares
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25-01-2020 05:56 PM #31
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25-01-2020 05:58 PM #32This quote is hidden because you are ignoring this member. Show QuoteFollow the Hibs podcast, Longbangers, on Twitter (@longbangers)
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25-01-2020 05:59 PM #33
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25-01-2020 06:03 PM #34This quote is hidden because you are ignoring this member. Show Quote
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25-01-2020 06:05 PM #35
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25-01-2020 06:06 PM #36This quote is hidden because you are ignoring this member. Show QuoteFollow the Hibs podcast, Longbangers, on Twitter (@longbangers)
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25-01-2020 06:07 PM #37
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Why can’t HSL hold supporters money so that if/when RG decides to sell, HSL has money available rather than having to start from scratch?
I would be far more comfortable knowing HSL was sitting in the background with cash reserves than the money going to the playing budget.
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25-01-2020 06:14 PM #38This quote is hidden because you are ignoring this member. Show Quote
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25-01-2020 06:17 PM #39
Although my name will be on the strip next season, I also keep getting a new chair for the elderly every month, for this reason alone we really do need it to be rebranded soon.
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25-01-2020 06:20 PM #40
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25-01-2020 06:25 PM #41
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I think at times we let our suspicions on just about everything get in the way of things that could be quite simple and effective.
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25-01-2020 06:35 PM #42This quote is hidden because you are ignoring this member. Show Quote
In practice I think they'd struggle to justify declining the transfer of shares between two existing shareholders but could easily refuse to register new shareholders. It's a question worth asking at the forthcoming (I think) AGM - 'Are you really going to prevent me transferring my shares to HSL?'
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25-01-2020 07:18 PM #43
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I am relaxed in RG’s intentions and have no worries but none the less it is better to plan and be prepared.
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25-01-2020 07:33 PM #44
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Is the football dept ..on the pitch players or is to expand recruitment, medical, sport science, academy, where does the football dept begin and end ...does building an indoor pitch come under the football academy ?
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25-01-2020 07:57 PM #46
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Statement
http://www.hibernianfc.co.uk/news/10522
Hibernian FC today welcomed the news that Hibernian Supporters (previously HSL) is to explore ‘any and all avenues’ to see how they can continue to support the club.
This follows the decision of the Board that it is content with the balance of shareholding, and that no further share transfers would be approved other than hereditary ones.
Around a third of the club’s shareholding is now in the hands of supporters.
The club is keen to point out that continuing financial support from Hibernian Supporters is an important contributor to the continued growth and success of the club, and that supporter funds will be used to enhance the resources available to Head Coach Jack Ross and the football program. Hibernian Supporters is now an established part of the Hibernian landscape and has raised and contributed more than £770,000 since it was established in 2015.
It now has 2400 members and owns more than 15 per cent of the shareholding in the club.
New majority shareholder Ronald Gordon purchased the shareholding of Hibernian Holdings from Sir Tom Farmer and former chairman Rod Petrie this summer and paid off the club’s £2.25 million mortgage as well as injecting £1.25 million into the club’s account.
Ron said: “I will continue to invest in taking the club forward, but I want to do this alongside supporters.
“I believe we all have a role to play in making our club the best that it can be, and supporters who have given generously do so because they want to contribute to their club.
“I thank them all, and hope that we can build still further on that.
“Everyone who supports Hibernian Supporters can rest assured that the money they provide in the future will be used to help our Head Coach improve our team.”Last edited by Greencore; 25-01-2020 at 08:00 PM.
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25-01-2020 08:07 PM #47This quote is hidden because you are ignoring this member. Show Quote
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25-01-2020 08:12 PM #48This quote is hidden because you are ignoring this member. Show Quote
i was happy to contribute to the football department, knowing every contribution meant a few more shares in the hands of supporters. Now that’s no longer the case, I’m not rich enough to just carry on ploughing money in on top of what I already contribute to the club. Ron Gordon wants to own the club? He can pay for it then
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25-01-2020 08:39 PM #49This quote is hidden because you are ignoring this member. Show Quote
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25-01-2020 08:51 PM #50This quote is hidden because you are ignoring this member. Show Quote
Since last summer i voted for my money to be held back in the hope of purchasing more shares. If not from HFC, then from other individual shareholders. Now that option is gone too.
Im out.
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26-01-2020 10:40 AM #51
HSL could still gain 25% if the 10% nominee shareholder agreed to sell their shares?
However I suspect the club hasn’t facilitated that conversation, and the silence from HSL is a worry.
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26-01-2020 11:15 AM #52
Some forget that RG has alrady put in 3.5 million as well as having paid off STF and RP. I dont know the total cost so far and I cant even guess how much he paid STF and RP. We know RP well so he annd STF must have gotten a good deal. HSL are not the only supporter with shares and the total owned by fans is said to be around 33%. Thats good enough for me. Any savings we could put towards purchasing the club would be nominal and ineffective. However 1 million would make a big difference to player budget. Therefore I am happy to continue to donate to improve our chances of having a very good side.
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26-01-2020 11:47 AM #54
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They wanted to buy shares in Hibs and so they did. Not everyone believes that some sort of collective is required to hold shares for fans.
It’s a big waste of people’s cash to pay other Hibs shareholders to build up some stake that’s not really needed.
Far more worthwhile for those that want to hand over cash, to use that for the football team.Last edited by Andy74; 26-01-2020 at 11:49 AM.
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26-01-2020 03:58 PM #55
At the HSL meetings last year it was explained that there were no more shares being made available from the club. Jim told us that the option left was to get shares from existing share holders.
The whole reason for the vote on what to do next with the contributions was based on this, 35% were obviously still hoping that buying shares (if not donated, as many have done) would get us to that 25.1% threshold to prevent anyone doing a 'Mercer' or selling the stadium etc.
The recent HSL announcement tells me either the discussions with the nominee holdings have hit a dead end (the club had agreed to facilitate 1st contact) or the major shareholder has put a stop to share transfers/sales while there's still no shareholder on 25.1% that can block that decision.
I think!
Sent from my SM-G935F using TapatalkLast edited by Just Alf; 26-01-2020 at 04:01 PM.
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