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  1. #61
    Quote Originally Posted by WhileTheChief.. View Post
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    Less clubs means more money for the remaining ones no?

    Dumbarton add nothing to the game and have been taking money that will be shared around the others in future.

    Any club that can’t support itself financially shouldn’t be in the professional leagues.

    They can still be a community club being financed by their local community. If there’s not enough people interested to keep them going then so be it.
    Their financial troubles seem to be caused because of the owners efforts to use the club’s assets to develop a property deal which has not come off and for which they owe the club over a million quid.


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  3. #62
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by ancient hibee View Post
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    Their financial troubles seem to be caused because of the owners efforts to use the club’s assets to develop a property deal which has not come off and for which they owe the club over a million quid.
    Yeah, just been looking at their accounts, and that's what I'm seeing. Similar, in some ways, to the ICT situation.

    It doesn't look like they're making huge losses, for instance.

  4. #63
    Dumbarton started a gofundme page yesterday with a revised target of raising 100k to pay player and staff wages and running costs for the rest of the season. The original target of 50k was reached in less than 2 days.

    Almost 55k has now been raised. Again showing the remarkable love Scots have for their football clubs. Sadly, another case of shark owners taking over a club to get at the assets.
    Last edited by PHeffernan; 22-11-2024 at 01:40 AM.

  5. #64
    Quote Originally Posted by stuart-farquhar View Post
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    Tri colour economics eh!
    Like that.

  6. #65
    @hibs.net private member McD's Avatar
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    Quote Originally Posted by WhileTheChief.. View Post
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    Less clubs means more money for the remaining ones no?

    Dumbarton add nothing to the game and have been taking money that will be shared around the others in future.

    Any club that can’t support itself financially shouldn’t be in the professional leagues.

    They can still be a community club being financed by their local community. If there’s not enough people interested to keep them going then so be it.

    Slippery slope this, how is it defined? Hibs reported a loss in the last set of accounts, and there seems to be expectations that we will again when the next set are announced, should Hibs not be in the professional leagues? Rangers have been reporting losses for a few years, hearts have been taking donations from both fans and Anderson, without those they’d be deep in losses.


    Could be doing away with a large proportion of Scottish clubs if that’s the case.

  7. #66
    There’s clearly a lot going on with this, the police have opened up a fraud investigation around the situation. It seems almost like the directors that don’t have a link with the owners have intentionally put the club in to admin to try and oust the owner, rather than a specific money issue.

  8. #67
    Quote Originally Posted by davhibby View Post
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    There’s clearly a lot going on with this, the police have opened up a fraud investigation around the situation. It seems almost like the directors that don’t have a link with the owners have intentionally put the club in to admin to try and oust the owner, rather than a specific money issue.
    Think you’re wrong there.The fraud investigation will look into the property development scheme. There is a specific money issue in that the club doesn’t seem to have any.

  9. #68
    Quote Originally Posted by WhileTheChief.. View Post
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    Less clubs means more money for the remaining ones no?

    Dumbarton add nothing to the game and have been taking money that will be shared around the others in future.

    Any club that can’t support itself financially shouldn’t be in the professional leagues.

    They can still be a community club being financed by their local community. If there’s not enough people interested to keep them going then so be it.
    So you'd kick ourselves, hearts and rangers out the leagues?

    Because ourselves and those two clubs are currently relying on constant outside investment.

  10. #69
    @hibs.net private member Pagan Hibernia's Avatar
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    Quote Originally Posted by PHeffernan View Post
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    Dumbarton started a gofundme page yesterday with a revised target of raising 100k to pay player and staff wages and running costs for the rest of the season. The original target of 50k was reached in less than 2 days.

    Almost 55k has now been raised. Again showing the remarkable love Scots have for their football clubs. Sadly, another case of shark owners taking over a club to get at the assets.
    I would say more neutral fans in Scotland would chip in a few quid to save a historic club like Dumbarton than they would for the likes of Inverness CT.

  11. #70
    @hibs.net private member WhileTheChief..'s Avatar
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    Quote Originally Posted by Onceinawhile View Post
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    So you'd kick ourselves, hearts and rangers out the leagues?

    Because ourselves and those two clubs are currently relying on constant outside investment.
    Don’t be silly.

  12. #71
    Quote Originally Posted by WhileTheChief.. View Post
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    Don’t be silly.
    But those three clubs can't support themselves financially?

  13. #72
    @hibs.net private member WhileTheChief..'s Avatar
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    I think it’s fairly obvious that I don’t think these 3 clubs should be kicked out the league - there’s no comparison at all.

    I also think you probably knew that before you replied to me.

  14. #73
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    Quote Originally Posted by Onceinawhile View Post
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    So you'd kick ourselves, hearts and rangers out the leagues?

    Because ourselves and those two clubs are currently relying on constant outside investment.
    The issue is that we do have outside investment and therefore aren't a going concern. Some other clubs don't have that and can't survive without . If Hibs outside investment dried up we could still support ourselves by cutting our cloth accordingly as we bring in enough money to at least still be a top 5/6 sized club in terms of income. Even if our around £1.5m SPFL prize money was to stop coming in the club would survive on tighter budgets.

    Right now there are football clubs down the pyramid that aren't supporting themselves at all and couldn't without the SPFL prize money.

  15. #74
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by WhileTheChief.. View Post
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    I think it’s fairly obvious that I don’t think these 3 clubs should be kicked out the league - there’s no comparison at all.

    I also think you probably knew that before you replied to me.
    You maybe missed my earlier question.

    How are you defining "clubs who can't support themselves financially"?

  16. #75
    @hibs.net private member WhileTheChief..'s Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    You maybe missed my earlier question.

    How are you defining "clubs who can't support themselves financially"?
    Forget it, ignore me.

    FFS when did folk get so antsy about throw away comments about Dumbarton.

    I really don’t care that much and have no intention of defining anything.

    Everyone else u see stood the general point I was making. You probably do too.

  17. #76
    @hibs.net private member Hibernian Verse's Avatar
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    Quote Originally Posted by WhileTheChief.. View Post
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    Forget it, ignore me.

    FFS when did folk get so antsy about throw away comments about Dumbarton. (1)

    I really don’t care that much and have no intention of defining anything. (2)

    Everyone else u see stood the general point I was making. You probably do too. (3)
    This could go right into Elon Musk's X handbook.

    1) Gaslight the person asking the question.
    2) Tell them you're not engaging
    3) Tell them they're in the minority

  18. #77
    @hibs.net private member WhileTheChief..'s Avatar
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    Really?

    How can you even be assed typing all that out based on my post about Dumbarton?

    Do you guys really come on here just make these sorts of comments to put people down?

    What was the actual point of your post other than having a go at me?

  19. #78
    @hibs.net private member McD's Avatar
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    Quote Originally Posted by WhileTheChief.. View Post
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    Really?

    How can you even be assed typing all that out based on my post about Dumbarton?

    Do you guys really come on here just make these sorts of comments to put people down?

    What was the actual point of your post other than having a go at me?


    When you post on a public forum, people are likely to respond, and ask you to elaborate on the point(s) you’ve made.


    Multiple people have asked you this, and pointed out that what you said implies that Hibs, Hearts and Rangers would be removed from the league based on what you said, hence why people have asked you to elaborate.

  20. #79
    @hibs.net private member sleeping giant's Avatar
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    Dumbarton game off.
    No Eternal Reward Shall Forgive Us Now For Wasting The Dawn

  21. #80
    Got family through there so visit sometimes and the problem as in most places is that the whole place supports the two ugly sides of Glasgow

  22. #81
    Resident contrarian SHODAN's Avatar
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    So basically property developers have been stymied by the stadium for years and now may be trying more insidious tactics to get Dumbarton out of the way.

    Bunch of ****ing parasites.

  23. #82
    @hibs.net private member Pagan Hibernia's Avatar
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    Looks like our 1887 Cup Final opponents are coming back as a newco after their liquidation.

  24. #83
    @hibs.net private member Bishop Hibee's Avatar
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    I was surprised to learn that Dumbarton folding and entering the league as a new club require the approval of the SPFL board rather than a vote by the clubs. Personally, I think they should have to start at the bottom of the pyramid rather than enter League 2.
    "Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral.' - Paulo Freire

  25. #84
    Testimonial Due pacorosssco's Avatar
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    Sfa uefa fifa should be protecting clubs from overspending not creating the vacuum to overspend leading to bankruptcy and doing it again. A fair football structure with no debt and living within budgets.

  26. #85
    @hibs.net private member BILLYHIBS's Avatar
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    Quote Originally Posted by Pagan Hibernia View Post
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    Looks like our 1887 Cup Final opponents are coming back as a newco after their liquidation.
    Boot them out the League let them start from the bottom especially after they put in a protest about Darling Willie Groves being a professional 😀

  27. #86
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    Quote Originally Posted by BILLYHIBS View Post
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    Boot them out the League let them start from the bottom especially after they put in a protest about Darling Willie Groves being a professional 😀
    Football fans have long memories
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  28. #87
    Administration threads really do show up how uninformed many football fans are as they really do think Administration (or liquidation) is a big deal when in fact it's all just one con trick so that clubs just shaft the creditors pay them back at 10p in the £ or whatever and just simply start all over again usually in exactly the same stadium.

    Remember all wailing and whining and knashing of teeth over Dundee (twice), Livi (twice), Airdrie, Motherwell, Morton, Inverness and of course our poppy thieving neighbours.

    Old Rangers took it one step further and were liquidated though you would hardly think so and Gretna and Clydebank reincarnated under slightly different names so Dumbarton pulling the age old magic trick was entirely predictable.

    Next season expect another sob story about some another club when in reality 6 months later and they will be back again as they always are after some tiny cosmetic change.

  29. #88
    Coaching Staff
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    Only travelled through to Boghead once.

    Took the day off work to drive through with ex Supportes Association chairman Ronnie Ferguson in the early 70’s….only to discover that the match had been called off!

  30. #89
    Testimonial Due King Cosell's Avatar
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    I remember Pat Stanton getting the sack after they beat us 3-2 at ER, so they're getting no sympathy from me.

  31. #90
    @hibs.net private member Pagan Hibernia's Avatar
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    Quote Originally Posted by BILLYHIBS View Post
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    Boot them out the League let them start from the bottom especially after they put in a protest about Darling Willie Groves being a professional 😀
    Haha.

    Wasn't it Vale of Leven who protested about that?

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