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20-01-2021 09:48 AM #2
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- Apr 2019
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- 2,584
Grim times indeed.
Must be rubbish for the owner having to apply for this loan when they didn't really want to. There will be plenty other clubs doing likewise.
Needs must I guess.
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20-01-2021 09:53 AM #3
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- Jun 2016
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The business of football will be one of the hardest right now.
Teams/businesses operating as 'normal', paying employees and producing a product for a fraction of the profit they are used to.
Outside of professional sport businesses are operating and producing for profit (or at least some income) otherwise they are furloughing staff, etc but this can't happen in football.
The only thing that will help clubs not go under or end up in a mountain of debt is for care packages given without expectation of repayment, somehow I don't see this happening.
It's a real shame.
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20-01-2021 09:55 AM #4
Looking at their Squad it looks like most are out of contract at the end of the season so a few could sign pre-contracts this Jan
They have already lost Brophy and could loose the likes of.
Dicker
Mulumbu
Findlay
Kiltie
Tshibola
Dikamona
Kabamba
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20-01-2021 10:13 AM #5
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- Feb 2017
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- 2,084
Most likely back to being relegation candidates as of next year. The Steve Clarke effect as good as gone.
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20-01-2021 11:01 AM #6
Shows how vital initiatives like HSL are for clubs like Hibs
The good thing is that we can support the club before it gets to the stage where it’s a crisis.Follow the Hibs podcast, Longbangers, on Twitter (@longbangers)
https://longbangers.hubwave.net
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20-01-2021 11:08 AM #7
I hope they survive.
I think Killie are a decent club, without any of the west coast baggage, and I enjoy the trips to Rugby Park.
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20-01-2021 11:31 AM #9This quote is hidden because you are ignoring this member. Show Quote
Do you think your security can keep you in purity, you will not shake us off above or below. Scottish friction, Scottish fiction
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20-01-2021 11:31 AM #10
Hibs were lucky that 11,000 of us bought season tickets. We are obviously losing money from lost walk ups and away supporters but did get a good percentage of our normal money.
Did Kilmarnock sell season tickets and if so how many of their supporters bought them?
Sadly there is no other solution than their supporters, that can afford to, giving their club further financial support. Borrowing money is debt and will hamper them moving forward with no assurance that things will improve with a risk of spiralling downwards through the leagues. Wonder if other teams will come out now and admit they are in financial trouble.Last edited by CMurdoch; 20-01-2021 at 11:56 AM.
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20-01-2021 11:32 AM #11
Makes you think how things will be in the next few months when a lot of clubs, including ours, will struggle to shift as many ST’s as they usually do
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20-01-2021 11:33 AM #13
Why don’t they approach the Jambo dripping roast James Anderson ?
They must be seen as a more worthy cause than the bottomless Gorgie pit.
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20-01-2021 11:53 AM #15
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- Feb 2019
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Don't mind Killie as a club. If anything I have a wee soft spot for them. Shame.
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20-01-2021 12:03 PM #16
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20-01-2021 12:31 PM #19This quote is hidden because you are ignoring this member. Show Quote
Have to say, Killie won’t be the last SPL club to struggle with the finances. You do wonder where Scottish Football will be by the end of this year, how many clubs will fold?
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20-01-2021 12:34 PM #20
On a side note Motherwell publish their accounts with a decebt profit up to end of May. Not sure what their financials will look like now
https://www.motherwellfc.co.uk/2021/...ding-may-2020/
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20-01-2021 12:36 PM #21
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- Jun 2012
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20-01-2021 12:47 PM #22This quote is hidden because you are ignoring this member. Show Quote
Think this was during Clarke’s tenure, probably look to giving them the 3 big stands when fans get back in
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20-01-2021 07:40 PM #23This quote is hidden because you are ignoring this member. Show Quote
£3m + from selling Turnbull will help.
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20-01-2021 07:45 PM #24This quote is hidden because you are ignoring this member. Show Quote
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20-01-2021 10:07 PM #25This quote is hidden because you are ignoring this member. Show Quote
The money from the sale of Scott gave them their profit in the accounts just published which cover the period until May 2000
Kilmarnock have sold no players for significant sums for a while hence screwed.
This summer other winners other than Motherwell were:
Livingston who got a wedge for Dykes
Aberdeen who got a wedge for McKenna
Hearts who got a wedge for Hickey but foolishly wasted half of it on a forlorn court caseLast edited by CMurdoch; 20-01-2021 at 10:22 PM.
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20-01-2021 10:31 PM #26
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Reading that one of Killi’s directors is currently suing her ex for 16.5M.... I guess that could help the club if she wins!
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21-01-2021 01:03 AM #27This quote is hidden because you are ignoring this member. Show Quote
Yes the fans have pulled Hibs through, but how long will that last? Folk have paid for STs for a season where they thought they might see some football, now it looks likely that it might not even be next season that fans are allowed back in anything like the numbers in a normal season. How many will be able or willing to buy a season ticket for 21/22 if there is no guarantee they will get to games then either?
Look at the current HSL initiative aimed at every Hibs fan, not just their members. So far the total stands at 20K of a 100K target with three days to go until the semi the initiative is based around. Don't get me wrong, it was a noble idea and 20K is still a decent amount, but clearly the fact that so far only a 5th of the target has been achieved is the first sign that optimism around what fans are willing, or more pertinently able, to continue to give may be a tad misplaced.
So ok perhaps there is still room for a bit of gallows humour, lets just hope that by the time we've all stopped laughing there's enough full time clubs left to form a credible professional league in Scotland.
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21-01-2021 08:16 AM #28This quote is hidden because you are ignoring this member. Show Quote
When it comes to the crunch, ST renewals will be the single most important financial commitment you can make to the club, whether there are guarantees of actually seeing any action or not. I`m sure this will be the message that will be relayed to the support when the time comes.
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21-01-2021 08:20 AM #29This quote is hidden because you are ignoring this member. Show Quote
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21-01-2021 08:26 AM #30This quote is hidden because you are ignoring this member. Show Quote
When highlighting your ST outlay and with many more in a similar situation, then it is fair to assume that numbers of renewals will drop by a fair number.
Hopefully there will some sort of route-map to stadium return that is clearer when the new ST campaign is rolled out.
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