I agree family, friends and loved ones more important than Hibs. However we all do have a passion for Hibs and care deeply. We might have different lenses we look through and we will have different opinions. Decisions are neither right or wrong based on ones analysis...it’s just an opinion. I have an opinion on HSL at the end of this post, which I will try to share how I arrived at that opinion.

Someone asked me why the concern over American Owners more so than others. I have spoken with Ron and I think he is really good guy with a plan that could work for him to make money and for Hibs to prosper as a result. Ron is a very successful business man who has gone through at least two serious financial crashes and came through them. Hibs could have done a lost worse than Ron for sure !

This Tsunami financially on its way to us, is going to be much greater and more impactful than those two before. The crash was on its way before Covid 19.

it’s very difficult to get an handle on businesses and people with structures out of Delaware and I am personally one of those. One doesn’t go to Delaware to hide those things by the way either so don’t be mislead by that statement.

Many American owners of football clubs have a corporate structure behind them for that investment and in many instances it’s joined in with other investments. It’s difficult to find out those structures and why worry some might say. When security of assets is in place it’s not just as simple as looking at say Hibs and saying there is charge from another company but don’t worry we have not borrowed anything. Hibs is an asset owned by that company or individual and could be used as security depending on a number of areas. To be specific the shares that anyone has in any company including Hibs has a value and can be borrowed against. I am not saying Ron is doing this either to be clear and this is not in any way a criticism of Ron and his team and he is vastly experienced.

This Tsunami will have a knock on effect to us all and will affect Hibs and Scottish Football. My last opinion is that HSL should stop giving funds to Hibs in the manner it does today. It should switch to lending Hibs the money as a secured creditor against the assets just in case there is a financial issue in the future. The loan can be dealt with in a number of different ways in the future. For the record I am a member of HSL and supported the funds given to our beloved football club. By lending the money it provides a safety factor for our football club and I am old enough to recall when STF saved us.

This is just my opinion and neither right or wrong. Hope it adds to a good debate whilst we await the return of football.