Players budget

[Vault Boy]

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You make it sound like you’re handing over money for nothing in return, which is unlikely to be the case.

You’re being asked to buy goods and services from the club you support. I buy trainers from Adidas but don’t expect to get the inside track on their business dealings as a side perk.

I’m not sure why you think buying a ticket or brick entitles you to confidential commercial information tbh.

Completely agree with this post.

It's also worth noting that Hibs don't just conceal their sensitive financial information from the fans, they do so from every public entity outwith their bank(s) and HMRC, as they should. It's not spiteful, it's how every good business should be run.

It's vital that we don't leak important information to our rivals, or potential business partners. It would be so detrimental to the club to highlight and detail any internal issues that cause decisions like this to be made, so why on earth would we do that just to make some nosey folk happy to see their assumptions about our marketing/commercial department ratified?

The club owes us no explanation other than the fine one they have released.

[DetroitHibs]

I can’t believe people buy in to the spiel the club have fed us however long Rod’s been here. The wage structure won’t be broken for individual players as it disrupts the squad. That line was spouted however long ago and is still being used. Look at every other club, they have players that earn double what others are on and it’s not an issue. Hearts paying Lafferty or whoever the next big signing double everyone else never creates a problem.

Then there’s the whole undisclosed fee that we keep rolling out. That’s the party line so we don’t get fleeced when buying a player. Absolute bollocks. They don’t tell us the fee as fans would want that money spent back in to the squad. Motherwell have no issues saying they want and are getting 3 million for Turnbull and will invest in the squad. We can the world that we sold 12,000 season tickets worth about 2.5 million, but not what we got for SJM or his add ons.

[007]

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Could it be that a sponsor was lined up but the deal collapsed late in the process? This could happen for a number of reasons, one being a change in strategy at (the sponsor's) board level - in my work I've seen this happening with pretty incredible consequences. It could even be that they tried to change/reduce the terms and Hibs told them to do one.

The club wouldn't publicise this as it would effect the confidence of potential future sponsors.

Anything could have happened. If I remember correctly the Frank Graham Company went down the tubes when their name was still on our shirts.

Some people are too quick to criticise the club over anything that doesn't happen the way that they think it should.

You could be right. Maybe a deal collapsed around the time of the Buckfast bottle incident, the Tavernier incident or the Zlamal incident. Maybe that's partly why Leeann seemed so exasperated when she spoke out about them, imagine trying to sell the benefits of sponsoring the club whilst the press were all over these incidents.

[ElginHibbie]

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I can’t believe people buy in to the spiel the club have fed us however long Rod’s been here. The wage structure won’t be broken for individual players as it disrupts the squad. That line was spouted however long ago and is still being used. Look at every other club, they have players that earn double what others are on and it’s not an issue. Hearts paying Lafferty or whoever the next big signing double everyone else never creates a problem.

Then there’s the whole undisclosed fee that we keep rolling out. That’s the party line so we don’t get fleeced when buying a player. Absolute bollocks. They don’t tell us the fee as fans would want that money spent back in to the squad. Motherwell have no issues saying they want and are getting 3 million for Turnbull and will invest in the squad. We can the world that we sold 12,000 season tickets worth about 2.5 million, but not what we got for SJM or his add ons.

Mothewell haven't said a figure or that the money will go into squad though have they? Just that it's a record fee and will be 'transformational'

[DarlingtonHibee]

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Completely agree with this post.

It's also worth noting that Hibs don't just conceal their sensitive financial information from the fans, they do so from every public entity outwith their bank(s) and HMRC, as they should. It's not spiteful, it's how every good business should be run.

It's vital that we don't leak important information to our rivals, or potential business partners. It would be so detrimental to the club to highlight and detail any internal issues that cause decisions like this to be made, so why on earth would we do that just to make some nosey folk happy to see their assumptions about our marketing/commercial department ratified?

The club owes us no explanation other than the fine one they have released.

The club needs to explain why we had no succession plans after marathon bet.

We should have four companies chasing our business.

We are a top six club, based in Edinburgh, with a marketable fan base.

Somebody or something has gone seriously wrong.

And if the offers were not good enough, tell us why.

As shareholders we are entitled to know.

[Lago]

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You’re no more ignorant than practically everyone else on here!

There’s probable been more google searches for it today that since it was formed.

Folk saying it’s brilliant when nobody has a clue what they do. Guess we’ll find out through the season.

I am not alone then, that makes me feel better, but I do feel there's been a bit of a cop out as far as this is concerned.

[PH91]

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I can’t believe people buy in to the spiel the club have fed us however long Rod’s been here. The wage structure won’t be broken for individual players as it disrupts the squad. That line was spouted however long ago and is still being used. Look at every other club, they have players that earn double what others are on and it’s not an issue. Hearts paying Lafferty or whoever the next big signing double everyone else never creates a problem.

Then there’s the whole undisclosed fee that we keep rolling out. That’s the party line so we don’t get fleeced when buying a player. Absolute bollocks. They don’t tell us the fee as fans would want that money spent back in to the squad. Motherwell have no issues saying they want and are getting 3 million for Turnbull and will invest in the squad. We can the world that we sold 12,000 season tickets worth about 2.5 million, but not what we got for SJM or his add ons.

Read the post above yours, it's spot on.

[The 90+2]

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Read the post above yours, it's spot on.

Blame the fans for it then? Are you actually serious?

[jacomo]

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I agree.

I took from what she said that the club had opportunities, but they weren't what we were after, therefore we deemed no deal to be better than a bad deal (to steal a topical phrase 😀) because we could attempt to grow the club and income in other ways (I.e. the foundation).

I wonder if maybe betting sponsors are getting nervous about over exposure to small clubs, increasing the risk of severe regulation of betting sponsorship, for little gain for them.

Or if the market is just falling out of old school shirt sponsorship for smaller clubs like us, and marathon would simply rather chuck another few hundred thousand at online advertising.

Either way, it's not good for the club (at least in the short term), and it does seem like a PR solution to a commercial problem. That being said, what were hibs supposed to do, once they had failed to get the deal we were looking for? We've made the best of a bad situation.

It's definitely less money for Hibs though, which is not good given the financial advantages our two peer clubs already have over us.

I think you are spot on here.

The sponsorship market is really tough. But if shirt sales and support for the foundation increase then the financial hit might not be so bad.

[Rumble de Thump]

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Blame the fans for it then? Are you actually serious?

What does this mean? Who is blaming the fans for what?

[DetroitHibs]

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Read the post above yours, it's spot on.

Maybe spot on in your opinion. In my opinion the club have underachieved for a very long time, with glimpses here and there.

[The 90+2]

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Blame the fans for it then? Are you actually serious?

The post above Detroit’s quoted post blamed the fans for incidents. Sorry.

[HFC93]

Loads of clubs do this or have done. Middlesbrough will have a local hospice as their shirt sponsor for 19/20. Curious if they're fuming about this on Boro.net.

[PH91]

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The post above Detroit’s quoted post blamed the fans for incidents. Sorry.

No it didn't. Vault Boy made an excellent post.

[bigwheel]

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Loads of clubs do this or have done. Middlesbrough will have a local hospice as their shirt sponsor for 19/20. Curious if they're fuming about this on Boro.net.

Perhaps they meant that to happen...that’s not what’s happened here....


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[HFC93]

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Perhaps they meant that to happen...that’s not what’s happened here....


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So Hibs didn't mean to have the Hibernian Community Foundation as shirt sponsor? Must have missed that

[Jones28]

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The club needs to explain why we had no succession plans after marathon bet.

We should have four companies chasing our business.

We are a top six club, based in Edinburgh, with a marketable fan base.

Somebody or something has gone seriously wrong.

And if the offers were not good enough, tell us why.

As shareholders we are entitled to know.

Oh FFS give over will you?

The club have said they have chosen to go down a different route, this could be to do with the John McGinn situation that has given the club a windfall, as well as a chance to give something back to a community foundation that supports the people of Leith and beyond.

I don't understand the anger towards a club who are doing something altruistic with something usually associated with alcohol or bookmakers.

[PH91]

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Maybe spot on in your opinion. In my opinion the club have underachieved for a very long time, with glimpses here and there.

Imo the club have not under achieved since LD came in and certainly have not under achieved since they announced there would be no sponsor this year.

In any case, i responded to a post that said nothing about achievement but bemoaned why the club does not announce transfer and wage figures. Vault Boys post was spot on in that regard.

[The 90+2]

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No it didn't. Vault Boy made an excellent post.

I said his quoted post not actual post.

[dunfyhibby]

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Oh FFS give over will you?

The club have said they have chosen to go down a different route, this could be to do with the John McGinn situation that has given the club a windfall, as well as a chance to give something back to a community foundation that supports the people of Leith and beyond.

I don't understand the anger towards a club who are doing something altruistic with something usually associated with alcohol or bookmakers.

Well said you!
Some people on here are never f***in happy what the club does! Why support them then?? Just don’t get it!

[pacorosssco]

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Oh FFS give over will you?

The club have said they have chosen to go down a different route, this could be to do with the John McGinn situation that has given the club a windfall, as well as a chance to give something back to a community foundation that supports the people of Leith and beyond.

I don't understand the anger towards a club who are doing something altruistic with something usually associated with alcohol or bookmakers.

Yes all good but if marathon bet had of stayed would they gave done? Or if a new deal had been to liking? Happy club have done this but not sure it's to save faces. Revenue has been lost that we normally had coming in

[Jones28]

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Yes all good but if marathon bet had of stayed would they gave done? Or if a new deal had been to liking? Happy club have done this but not sure it's to save faces. Revenue has been lost that we normally had coming in

Probably not, because the revenue was coming in and it would likely have been announced some time ago if they'd renewed their deal.

I'd be willing to bet that money coming from McGinn getting promoted with Villa would cover it with change left over.

[pacorosssco]

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Probably not, because the revenue was coming in and it would likely have been announced some time ago if they'd renewed their deal.

I'd be willing to bet that money coming from McGinn getting promoted with Villa would cover it with change left over.

Yes but could have had mcginn money plus sponsor money.

[pacorosssco]

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Yes but could have had mcginn money plus sponsor money.

And that must be a figure to pay a wage another player

[DarlingtonHibee]

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Yes but could have had mcginn money plus sponsor money.

👍

[matty_f]

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I can’t believe people buy in to the spiel the club have fed us however long Rod’s been here. The wage structure won’t be broken for individual players as it disrupts the squad. That line was spouted however long ago and is still being used. Look at every other club, they have players that earn double what others are on and it’s not an issue. Hearts paying Lafferty or whoever the next big signing double everyone else never creates a problem.

Then there’s the whole undisclosed fee that we keep rolling out. That’s the party line so we don’t get fleeced when buying a player. Absolute bollocks. They don’t tell us the fee as fans would want that money spent back in to the squad. Motherwell have no issues saying they want and are getting 3 million for Turnbull and will invest in the squad. We can the world that we sold 12,000 season tickets worth about 2.5 million, but not what we got for SJM or his add ons.

Can you point to a quote from anyone at the club regarding the wage structure or a maximum wage being in place that prevents one player having a much higher wage, please?

I can't remember that ever being said by the club.

[Jones28]

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Yes but could have had mcginn money plus sponsor money.

Or could have had money for old rope AND helped the community foundation too, while taking in money paid for cracking new strips. Oh wait we did that, and should be glad we did.

[bigwheel]

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So Hibs didn't mean to have the Hibernian Community Foundation as shirt sponsor? Must have missed that

Eh no.......perhaps Boro meant theirs to happen....


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[Jones28]

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Eh no.......perhaps Boro meant theirs to happen....


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Tell the story then.

[pacorosssco]

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Or could have had money for old rope AND helped the community foundation too, while taking in money paid for cracking new strips. Oh wait we did that, and should be glad we did.

Not sure I get hibs would sell any old rope if could. I believe a good cause and not against I'm more worried the spin being used what else could they get up too. Their job is to secure best budget possible. Strip cracking but also late in coming out