25th JanuaryThis quote is hidden because you are ignoring this member. Show Quote
It's good hibs people running HSL, but this is fundamentally flawed in my opinion. If there are no shares, and there is a still a will to donate money to Hibs, then it should be done through an entirely separate body set up for this purpose.Can I first of all wish all our Members and contributors a very Happy New Year.
As you are aware Hibernian Supporters currently holds 15.3% of the shares in Hibernian. Late last year members elected to have their donations distributed in accordance with their particular wishes. As a result, from 1st October last year 65% of donations received by us have been passed to the Club to be used by the Football Dept. The remaining 35% of donations have been retained in anticipation of buying further shares.
I am now writing to you today to confirm that we have received a letter from the Club regarding the potential purchase of Shares. They have advised that “the Board is content with the balance of share ownership and will not approve the further sale or purchase of shares’’. This means that we are unable to acquire any shares from the Club or existing shareholders. It is important that this information is passed on quickly as we are aware that many Members/donators are contributing on the basis that their money will be used to buy shares. Members who currently donate to us should understand that in future we will be donating all future funds received to the Club for use by the football Dept.
The Club have passed on their thanks for all your generosity to date and have expressed a “desire to continue to work productively and proactively with HSL for the future progress and success of our Club”.
I confirm that we will seek to work with the Club to explore any and all other avenues to see how Hibernian Supporters can continue to financially support the Club.
Results 61 to 86 of 86
Thread: Hsl
-
31-03-2020 11:45 AM #61
-
31-03-2020 11:49 AM #62This quote is hidden because you are ignoring this member. Show Quote
I always thought the share fund was in place in the event a further share issue was announced or for if/when Ron G moves on. Seems remiss to have taken that decision without the chance to challenge/vote on it.
-
31-03-2020 11:53 AM #63
Email dated 11th October.
Recent Poll
Following the result of the recent poll with our existing donators, funds received from them from 1st October 2019 will be distributed as follows:
- 65% will be passed to the Club for the Football Dept.
- 35% will be retained for future share purchases as and when they become available.
Supporters joining from 1st October onwards will see 100% of their donation going to the Club.TOP CASH BACK
The easy way to make money
-
31-03-2020 12:56 PM #64This quote is hidden because you are ignoring this member. Show Quote
There are 20 entries on the shareholders list shown as either 'investments' or 'nominees' ... they hold 11,857,000 shares. That's not unusual in itself, I would imagine many listed companies have shares owned by such bodies ... but with few exceptions they all have names referring local geography, which suggests at least some of them were only set up to buy Hibs shares ... after all, what normal investment vehicle would be daft enough to buy shares in a Scottish football club expecting a return on them for its anonymous members?
Having said that, there's the concern ... the only way a big return could be possible is if for example the land ER is built on was desired for construction and the owner received an offer he could't or didn't want to, refuse .... that would put anybody owning those 11,857,000 shares in a good position if money is their only concern.
I exempt 'North Castle Street' from this theory who amusingly own 10 shares
-
31-03-2020 01:06 PM #65This quote is hidden because you are ignoring this member. Show Quote
Sent from my SM-A750FN using Tapatalk
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
-
31-03-2020 01:23 PM #66This quote is hidden because you are ignoring this member. Show Quote
-
31-03-2020 01:29 PM #67This quote is hidden because you are ignoring this member. Show Quote
-
31-03-2020 02:09 PM #68This quote is hidden because you are ignoring this member. Show Quote
These folks wanting the major shareholder to effectively suddenly give away his shareholding in return for zilch just because a previous extremely philanthropic major shareholder had done so as part of an exit strategy are utterly unrealistic.
If HSL, as a shareholder, put in funds then it makes a case for the other shareholders to do so in a way that straightforward fan donations don’t but either way without share in exchange to all parties it is still unrealistic. Even more unrealistic is the idea that shares would be made available to HSL alone. So, I’d not be holding my breath for Ron or any of the other secretive shareholders hiding behind nominees putting in any money. A glance at the US and indeed global stock markets might suggest that even Ron’s personally funded line of credit to the club might not be so readily offered.
Keep things simple - you want to support the club and you can, then buy a season ticket or donate via HSL. If you don’t want to either due to non available share being non available or because you don know what you’d be buying then don’t.
-
31-03-2020 02:32 PM #69
- Join Date
- Dec 2007
- Posts
- 1,186
This quote is hidden because you are ignoring this member. Show Quote
Sent from my SM-N960F using Tapatalk
-
31-03-2020 02:42 PM #70
Deleted. Replied to wrong post!
Sent from my SM-A750FN using TapatalkLast edited by Bostonhibby; 31-03-2020 at 02:45 PM. Reason: Replied to wrong post!
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
-
31-03-2020 02:46 PM #71This quote is hidden because you are ignoring this member. Show Quote
Sent from my SM-A750FN using Tapatalk
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
-
31-03-2020 03:06 PM #72This quote is hidden because you are ignoring this member. Show Quote
I agree that HSL could in theory offer a Loan but I’d be surprised if they could be able to do so under their rules. Part of me says why would they want it back and the rest of me says why complicate a relatively simple arrangement that currently functions by feeding in donations without strings with a reserve (that they have just offered up in part as emergency funding) that relates to a goal that is no longer attainable under current scenario.
-
31-03-2020 04:12 PM #73
- Join Date
- Aug 2005
- Location
- Nearby
- Posts
- 1,292
This quote is hidden because you are ignoring this member. Show Quote
If I read that correctly, HSL had £24k in the cash as at June 2019. This is based on 65% of the funds held then being equal to £16000.
I thought HSL had a lot more funds but will most likely be wrong!
To my mind, give all the remaining funds to the club as £8k would not make any difference to the overall picture.
To be clear, I’ve no idea how much HSL raise or indeed hold in cash just now but I was surprised at the figures.
-
31-03-2020 06:18 PM #74This quote is hidden because you are ignoring this member. Show Quote
Regardless of how fans donated cash to the club, I would ask why should they see something for their investment. Ron has been in the door for 9 months. Personally speaking he's getting nowt from me. I would expect him to manage his business effectively and hope he has the resources needed to operate comfortably. If he can't do that then the fans will step up to the plate in the same way FOH have done across the other side of the city.
-
31-03-2020 07:03 PM #75This quote is hidden because you are ignoring this member. Show Quote
-
31-03-2020 07:08 PM #76This quote is hidden because you are ignoring this member. Show Quote
However, once again there is an expectation that RG rather Hibs has the resources to operate comfortably. RG’s resources are what we ought to consider irrelevant with it being an unexpected bonus if he can help out further. Meantime it seems at least 1000 fans see that Hibs (not RG) may not have resources to operate comfortably in the near future. Many of those may see this being more than the purchase of a ticket but a contribution to a community without the need for a free scarf, share or a free cup ticket that other forms of scheme may offer.
-
01-04-2020 01:34 AM #77This quote is hidden because you are ignoring this member. Show Quote
ive been saying since then, they need to be screaming it from the rooftops to try and get more fans signed up.
-
01-04-2020 01:37 AM #78This quote is hidden because you are ignoring this member. Show Quote
Last i seen was £770,000, but it's not been update in a wee while.
-
01-04-2020 04:16 AM #79
Agree with this 100% anything to help our club survive this horrible time
Well done HSL
B
-
01-04-2020 02:58 PM #80
HS is a good means if giving money to help our club survive this crisis and after it us over.
G
-
01-04-2020 10:24 PM #81This quote is hidden because you are ignoring this member. Show Quote
-
01-04-2020 11:19 PM #82This quote is hidden because you are ignoring this member. Show Quote
As I understand it us now known as Hiberian Supporters.
-
01-04-2020 11:33 PM #83This quote is hidden because you are ignoring this member. Show Quote
Our mailing address is:
Hibernian Supporters Limited
12 Albion Terrace
Edinburgh, Lothian EH7 5QG
United Kingdom
-
02-04-2020 12:11 AM #84This quote is hidden because you are ignoring this member. Show Quote
I prefer calling them HSL IMHO.
-
02-04-2020 06:26 AM #85This quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show QuoteTOP CASH BACK
The easy way to make money
-
Log in to remove the advert |
Bookmarks