What could Hibs have done with a 9m investment

[A Hi-Bee]

As I wonder about the merits of someone gifting around 9million to that shower over the city, it made me think what could, Hibs have done with that amount over the past 3 or so years.
Without getting into whether that kind of investment made into a ****y club like hertz is right or wrong, its a fair whack of cash, that they have wasted. I just think that Hibs would have used it much better!

Would we have spent it on players, infrastructure, kept it in the bank, built 3 or 4 training centres.

[Smartie]

We could have signed players like Wighton, Damour and Uche and got relegated.

[A Hi-Bee]

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We could have signed players like Wighton, Damour and Uche and got relegated.

Dont be silly only the hertz could **** up with so much cash so fast.

[where'stheslope]

Its all ifs and buts!
We could have been doing a lot better in the league, and maybe kept SJM, looking at Engish Championship players rather than lower leagues!
Luckily we've managed to get a new owner, who in time we'll see if he starts to invest in the team.

[Andy74]

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As I wonder about the merits of someone gifting around 9million to that shower over the city, it made me think what could, Hibs have done with that amount over the past 3 or so years.
Without getting into whether that kind of investment made into a ****y club like hertz is right or wrong, its a fair whack of cash, that they have wasted. I just think that Hibs would have used it much better!

Would we have spent it on players, infrastructure, kept it in the bank, built 3 or 4 training centres.

The problem is, unless it is going on infrastructure, not a lot.

£9m would get you less than one year of wages still a lot less than Celtic and probably Rangers. £9m for a decent chance at 3rd place, once. It doesn't really add up as worthwhile.

If you spend it on infrastructure then nothing much changes in the short term other than the nicer stand or training set up.

The only way to spend £9m is across a number of years, building up the investment in player wages and hopefully building on the success that might come with it - but it is not a lot and won't guarantee even European places year in and year out.

[Keith_M]

We could have served chips

[jax67]

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We could have served chips

We also could have built a stairway to somewhere better than a wall.

[Keith_M]

We could have offered to donate it to the SPFL Lower league clubs to pay for testing kits, with the agreement that they tell Hearts to just shut up and accept their relegation.


Not a bribe, you understand. It would be for the good of Scottish Football.

[Bostonhibby]

Half a single tier stand should be possible, if we get relegated we can always finish it later.

Sent from my SM-A750FN using Tapatalk

[Hibs4185]

If SJM goes for £50 million and we have a 20% sell on then we will habe our own £10 million soon!

I know it’s likely 15% but hopefully we will get a cash boost soon. I’d much rather generate through normal business practice than a gift.

[Mibbes Aye]

The fifth stand or the helipad would have been nice.

Being serious though, I agree with a previous post. It is incremental and best as a drip-feed and that still won’t guarantee success.

It is maybe masochistic but I like the way the club set itself right under STF and RP. Sure, we had a safety net, but we didn’t have a sugar daddy throwing stuff at us.

We slowly and steadily sorted ourselves out. It has taken a while but it feels we went the right way about it.

[007]

Might still have Lennon as manager if he'd had more to spend.

[04Sauzee]

3rd tier on the west
Corners filled in
New tannoy system
Big TV's
The most monitored pitch in Scotland
Many starewells leading nowhere

[Keith_M]

What about buying these for every team in the league?

[hibbyfraelibby]

Filled in the corners...

[BILLYHIBS]

Tore Andre Flo

[nonshinyfinish]

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Tore Andre Flo

He cost Oldco £12m, didn't he?

(Adjusted for inflation, that's over £20m today. Or one unfinished stand if you prefer.)

[Mibbes Aye]

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He cost Oldco £12m, didn't he?

(Adjusted for inflation, that's over £20m today. Or one unfinished stand if you prefer.)

I think you have invented a new currency.

The Tore Andre Flo, pegged against an unfinished stand in west Edinburgh.

You should get over to the Holy Ground. This would put a stop to those internecine arguments about whether an independent Scotland would use the pound, the euro or the groat. We would simply use the TAF

[Juniper Greens]

I'd fill in North East corner with safe standing and south east corner with a hotel and supporters bar. Big screen in the south west and above the safe standing north east.

[H18 SFR]

When I win the Euromillions, my plan is to subsidise every seat in the ground, leaving two small sections in the away end.

20,000+ sell outs every week, stands jam packed, place bouncing.

I’ve done the figures. I will be doing it.

[Tug Wilson]

If it is a one off £9m payment then I would suggest that it is best invested in infrastructure, eg. full sized indoor pitch at East Mains, or maybe in upgrading the corporate hospitality facilities to help bring in steady income. That would be the sensible approach.

If it is to be splurged on "better" players then the recruitment has to get it spot on. Not always easy. As our maroon chums have ably proved.

[Tug Wilson]

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I'd fill in North East corner with safe standing and south east corner with a hotel and supporters bar. Big screen in the south west and above the safe standing north east.

Like these ideas.

Think that there is more scope for a hotel and supporters bar in the North East corner though.

Convert part of the FF or East to safe standing.

Big screens in SE and SW corners so the Hibs fans can see them and the away fans can't!

[brog]

The true amount of investment into Hearts is probably closer to £20-£25m. The £9m in donations was only in the last 3 years. Cocteau estimated total as closer to £15m & given it's now public that BG sponsored the Save The Children shirts then that's quite possible. Add in 7 years of donations from F of H & you have a staggering total spent to end up with relegation.

[The_Exile]

Unfortuantely, even with £20 million you can't just go "great, we'll buy X, Y and Z and pay them good money" because ultimately, the money will run out unless you maintain a certain level of achievement and folk through the gate. Clubs outwith the old firm, and even them to a certain extend, can get to a certain point naturally and then that's it. Celtic will never be able to pay £50 million for a player, Bournemouth will though. Hibs will never be able to pay £10 million for a player, Celtic will though. £9 million would be able to nudge the wages up a bit in the hope of luring better quality players, but if we're spending money to get better quality players we need to hit consistent European trips and group stages at that to maintain the budget we decided to operate at. All it would take is a couple of rubbish seasons and we'd be in trouble and having to drop down a level in recruitment and get rid of players we couldn't afford anymore, which would be highly depressing!

TLDR: Nowt. Infrastructure would be the most sensible thing to spend it on rather than sporting success which should/can only really be maintained and achieved through on-field success rather than off-field donations.

[greenginger]

Did the James Anderson fellow have any previous affiliation with Hearts ?

I see he went to Oxford uni., but don’t know where he went to school.

He is not listed as a Hearts share holder , so any ideas why he would dip into his pocket for that club.
He has certainly been resident in Edinburgh for more than 30 years so must have known of everything from Mercer to Vlad and yet he sees HoMFC as beacon of light to be bailed out of a financial hole of their own making.

[where'stheslope]

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Unfortuantely, even with £20 million you can't just go "great, we'll buy X, Y and Z and pay them good money" because ultimately, the money will run out unless you maintain a certain level of achievement and folk through the gate. Clubs outwith the old firm, and even them to a certain extend, can get to a certain point naturally and then that's it. Celtic will never be able to pay £50 million for a player, Bournemouth will though. Hibs will never be able to pay £10 million for a player, Celtic will though. £9 million would be able to nudge the wages up a bit in the hope of luring better quality players, but if we're spending money to get better quality players we need to hit consistent European trips and group stages at that to maintain the budget we decided to operate at. All it would take is a couple of rubbish seasons and we'd be in trouble and having to drop down a level in recruitment and get rid of players we couldn't afford anymore, which would be highly depressing!

TLDR: Nowt. Infrastructure would be the most sensible thing to spend it on rather than sporting success which should/can only really be maintained and achieved through on-field success rather than off-field donations.

Is that likes, building a new all purpose stand with state of the art views of the Castle!!!

[CropleyWasGod]

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Did the James Anderson fellow have any previous affiliation with Hearts ?

I see he went to Oxford uni., but don’t know where he went to school.

He is not listed as a Hearts share holder , so any ideas why he would dip into his pocket for that club.
He has certainly been resident in Edinburgh for more than 30 years so must have known of everything from Mercer to Vlad and yet he sees HoMFC as beacon of light to be bailed out of a financial hole of their own making.

Only a couple of thoughts:-

1. he sees the community value, just as STF did.

2. it may be a hands-on project for him in later years, for which he's laying the groundwork now.

[greenginger]

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Only a couple of thoughts:-

1. he sees the community value, just as STF did.

2. it may be a hands-on project for him in later years, for which he's laying the groundwork now.

Maybe, but I don’t think STF ever chucked £ 1 million at us to pay over priced has beens.

Also, this hands on project, will this be after FoH have had their turn at screwing things up.

[cocteautwin]

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The true amount of investment into Hearts is probably closer to £20-£25m. The £9m in donations was only in the last 3 years. Cocteau estimated total as closer to £15m & given it's now public that BG sponsored the Save The Children shirts then that's quite possible. Add in 7 years of donations from F of H & you have a staggering total spent to end up with relegation.

Yes indeed. I think the recent media reporting is understating the total amount contributed by Anderson.

£9m is the correct figure if you only count the lump sum one-off contributions in the reported 3 accounting years up to 30 June 2019.

It seems he has also been responsible for the Save the Children sponsorship which stretches back 5 years now at an amount of £1m every 3 years. If you add in the current year then he’s sent close to £2m on this project.

In the current financial year (to 30 June 2020) the club was short on funding by some c£4m before the season even kicked off so with all the additional cash needed this year for new management team, January relegation rescue team etc, my opinion is that an extra £4-5m will need to have been sent by Anderson.

Part of the above is an estimate that we won’t find out if it’s true until the next accounts are published but I would be willing to bet it all adds up to some £15m by 30 June 2020.

With the £10m contributed by FoH I think the total amount blown is c£25m before we count how much Budge has spent.

I’m astonished someone so financially astute as Anderson has given the club free reign to blow through his estimated £15m and be relegated. If it was me I would be livid.

[CropleyWasGod]

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Yes indeed. I think the recent media reporting is understating the total amount contributed by Anderson.

£9m is the correct figure if you only count the lump sum one-off contributions in the reported 3 accounting years up to 30 June 2019.

It seems he has also been responsible for the Save the Children sponsorship which stretches back 5 years now at an amount of £1m every 3 years. If you add in the current year then he’s sent close to £2m on this project.

In the current financial year (to 30 June 2020) the club was short on funding by some c£4m before the season even kicked off so with all the additional cash needed this year for new management team, January relegation rescue team etc, my opinion is that an extra £4-5m will need to have been sent by Anderson.

Part of the above is an estimate that we won’t find out if it’s true until the next accounts are published but I would be willing to bet it all adds up to some £15m by 30 June 2020.

With the £10m contributed by FoH I think the total amount blown is c£25m before we count how much Budge has spent.

I’m astonished someone so financially astute as Anderson has given the club free reign to blow through his estimated £15m and be relegated. If it was me I would be livid.

It's not just him, though, according to the reports I'm reading. There are other nutters out there