When he could put it in as a loan and guarantee himself a return on that? He’s a business owner not a fan. He’s sailing us through this pandemic well enough that I trust that he’ll sail us through the rest of it.This quote is hidden because you are ignoring this member. Show Quote
Results 61 to 90 of 113
Thread: AGM Announcement
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25-03-2021 05:52 PM #61
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25-03-2021 05:57 PM #62
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25-03-2021 06:01 PM #63
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25-03-2021 06:26 PM #64
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25-03-2021 07:11 PM #65
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Ron has invested, he won’t now dilute and we now need to increase our own income. I’m sure Ron will invest when necessary but a share issue is about the last thing we would consider doing in the current set up.
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25-03-2021 10:21 PM #66This quote is hidden because you are ignoring this member. Show Quote
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26-03-2021 01:20 PM #67
The accounts have now arrived, so a few thoughts:-
No issues with Going Concern in the Auditor's Report, which is a relief. Some clubs might have a problem.
Our net current assets (working capital) have halved since the previous year. This is to be expected, but it doesn't look good.
Cash reserves much the same as the py.
The club has done a lot of modelling, based on different scenarios. The worst-case is that the commencement of 21/22 season is played with no fans. In that scenario, the club has sufficient resources to last until 30 June 2022.
In arriving at the above, it "forecasts significant cash from the Company's business interruption proceeds from its insurance holder".
"Plausible downside scenarios" (eg no ST income for 20/21, SPFL payments cancelled) would result in £500-750k additional cash being needed.
"Whilst the company has in the past received capital injections from shareholders, there is no certainty that funding would be available in the future. As at 26 February 2021, no commitments have been made, but the Board are confident that it would be able to access funding if required, including from the majority shareholder".
Audit fee jumped from £16.5k to £21.5k
Staff numbers much the same as the py. Presumably, any redundancies happened after June.
Ron takes no salary.
No amounts due to Bydand at 30 June.
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26-03-2021 09:29 PM #68
Killie post their financial results
https://kilmarnockfc.co.uk/news/fina...ding-may-2020/
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26-03-2021 09:32 PM #69This quote is hidden because you are ignoring this member. Show Quote
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26-03-2021 09:40 PM #70
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Why no glossy brochure for the accounts?
Crappy production not even on headed paper.
Cost cutting on a micro scale
Well done Ron😎 look after the pennies and the pounds will look after themselves.
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26-03-2021 10:35 PM #71This quote is hidden because you are ignoring this member. Show Quote
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27-03-2021 06:13 AM #72This quote is hidden because you are ignoring this member. Show Quote
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27-03-2021 06:38 AM #73
It had been rumoured in the past that Ron personally paid for Nisbet (or maybe it was McGennis?). Do these accounts show if that was the case or will that be next years?
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27-03-2021 08:14 AM #74This quote is hidden because you are ignoring this member. Show Quote
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27-03-2021 08:16 AM #75This quote is hidden because you are ignoring this member. Show Quote
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27-03-2021 08:31 AM #76This quote is hidden because you are ignoring this member. Show Quote
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27-03-2021 08:32 AM #77
https://www.67hailhail.com/news/celt...porteous-deal/
🙄 same old story since 1888. Nothing changes.
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27-03-2021 08:40 AM #78This quote is hidden because you are ignoring this member. Show Quote
There's more wrong than right with that article. They've learned to spell "Celtic" though.Mon the Hibs.
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27-03-2021 09:05 AM #79This quote is hidden because you are ignoring this member. Show Quote
they’re useful for one thing and one thing only, and that’s stopping hearts from winning cup finals.
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27-03-2021 09:20 AM #80
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27-03-2021 09:29 AM #81This quote is hidden because you are ignoring this member. Show Quote
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27-03-2021 09:56 AM #82This quote is hidden because you are ignoring this member. Show Quote
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29-03-2021 06:10 PM #83
Might’ve been covered but note Shareholders need to register with the club by email to join the virtual AGM next Wednesday.
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29-03-2021 07:06 PM #84This quote is hidden because you are ignoring this member. Show Quote
Did you see if there was a deadline for doing so?Mon the Hibs.
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29-03-2021 07:39 PM #85This quote is hidden because you are ignoring this member. Show Quote
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29-03-2021 07:42 PM #86This quote is hidden because you are ignoring this member. Show QuoteMon the Hibs.
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29-03-2021 07:55 PM #87
I've not received a copy of the accounts or invites to the AGMs for the last few years as I moved address. Does anyone have the email address I can contact to update my address?
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29-03-2021 08:59 PM #88This quote is hidden because you are ignoring this member. Show Quote
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29-03-2021 09:36 PM #89This quote is hidden because you are ignoring this member. Show Quote
“Hibs turn down combined £3.5million in transfer fees in the hope the they might get the chance to flog them to Celtic”.
Patronising *****.
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29-03-2021 10:41 PM #90
If Celtic think these 3 Hibs players can help them win back the title next season then we must be doing something right.
Make 8 decent signings and we’ll be contenders ourselves
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