To hibs.net - here is how we're feeling tonight

[Gundermann]

4 hours ago, RustyRightPeg said:

 

Emiliano Marcondes has gone down the unusual route of comparing himself to a pasta dish after making his Hibs debut.

 

The attacker saw his first proper action since last May after spending months on the sidelines at Bournemouth following surgery last summer for a long-standing foot injury. Coming on as a sub against Rangers, he played for just over half an hour and missed a decent chance to score, but is just looking to build up his match fitness.

 

He joked that, having been unable to take to the pitch for so long, he has felt like a cold pasta dish that no-one wants to eat. He's now looking to put himself in the oven and "make myself edible again." In other words, he wants to feel loved and he has the rest of the season to achieve that at Easter Road.

 

WTF?

 

[1971fozzy]

28 minutes ago, Australis said:

Can you imagine mysisterismymaw.net if the wee team sign a player from clubs below them in the league or from lower English and Scottish leagues.

 

They seem to think the players they sign from now will are from top leagues and clubs in Europe.

 

 

 

indeed. Missing out on the next John McGinn so they can play Harry Kane or Salah 🤣🤣.

they will struggle to get top 6 at the split

 

hibs play

Rangers (a)

St Johnstone (h)

Motherwell (a)

 

Dundee play

St Johnstone (a)

Motherwell (h)

Rangers (h)

Aberdeen (a)

 

hibs are 2 points ahead having  played a game more than Dundee.  I can see hibs maybe getting 3 points at home to St J,  but I can see Dundee getting at least 6 points in Perth and at home to Motherwell and possibly getting something at pittodrie.

one point ahead for Dundee at the split is my prediction. Bottom 6 for Hibs will be tremendous when they are slagging us for signing bottom 6 players 🤣

 

[HMFC01]

I can see Motherwell nipping the green melts to the top six on GD.  

 

😀 

[Rods]

3 hours ago, Fozzyonthefence said:

So the Gordons could just pocket the whole £6m if they wish?🤔

Yeh they could but I think they will follow through with the infrastructure and get on with the BK group for a bit.

 

Stuff will get interesting if they decide to release the callbacks/drawdown facilities being offered. 
 

That will be a big indicator of there long term plans. 
 

 

[indianajones]

4 minutes ago, HMFC01 said:

I can see Motherwell nipping the green melts to the top six on GD.  

 

😀

 

Spittal to score the goal that does it. 

[RobNox]

So the reality of the £6m Foley money is that about £2m will be available to augment the playing budget after the infrastructure spend.  It's not as if they can go out and splash £2m on transfer fees, that £2m is a one-off sum, unless Foley decides to go all philanthropic and start chucking money at Hibs out of the goodness of his heart.

 

So a one-off windfall of £2m gets them what?  2 players for £250k each on 3 year deals at £5k per week.  That's their £2m spent.  Get the signings right and they might improve the team, but they ain't turning Hibs into the 3rd force.

 

To put things into context, we get a £6m windfall every year from our benefactors and FOH, and while a lot of that money has been spent on infrastructure development in recent seasons, Budge is on record as saying we'll be putting a bigger chunk of this into the playing budget going forward.

 

Add to that the likely European windfall we'll get next season, which net of costs will add an absolute minimum of £3m profit and that's if we lose every game.

 

[1971fozzy]

Also given the state Aberdeen are in it’s all good. Aberdeen losing £5-6m a season and openly admitted their business model is to sustain that by selling players. They will sell Miovski no doubt and paper over the cracks this close season but when he goes he will be a huge loss. They are flirting with the play off place and that’s with him. They are in for a world of pain. Add in the elephant in the room that is their decrepit cess pit of a stadium and the huge money needing spent in maintenance / relocating and just wow.

Edited March 25 by 1971fozzy

[RobNox]

13 minutes ago, 1971fozzy said:

Also given the state Aberdeen are in it’s all good. Aberdeen losing £5-6m a season and openly admitted their business model is to sustain that by selling players. They will sell Miovski no doubt and paper over the cracks this close season but when he goes he will be a huge loss. They are flirting with the play off place and that’s with him. They are in for a world of pain. Add in the elephant in the room that is their decrepit cess pit of a stadium and the huge money needing spent in maintenance / relocating and just wow.

That's the big thing, Cormack is trying to get the Council to help fund a development by the harbourside that will include a brand new stadium.  Unfortunately, Dippy Dave seems oblivious to the fact that local councils all over the UK are facing huge financial problems and financing a new football stadium might be well down their priority list.

 

[Baxfee]

They’ve really missed the boat re building a new stadium. Not doing it years ago means costs are now extortionate and I guess, out of reach for them.  I doubt they can fund it. There lies their problem, and it’s a very real one. Shame 🤭

[kingantti1874]

8 hours ago, RobNox said:

So the reality of the £6m Foley money is that about £2m will be available to augment the playing budget after the infrastructure spend.  It's not as if they can go out and splash £2m on transfer fees, that £2m is a one-off sum, unless Foley decides to go all philanthropic and start chucking money at Hibs out of the goodness of his heart.

 

So a one-off windfall of £2m gets them what?  2 players for £250k each on 3 year deals at £5k per week.  That's their £2m spent.  Get the signings right and they might improve the team, but they ain't turning Hibs into the 3rd force.

 

To put things into context, we get a £6m windfall every year from our benefactors and FOH, and while a lot of that money has been spent on infrastructure development in recent seasons, Budge is on record as saying we'll be putting a bigger chunk of this into the playing budget going forward.

 

Add to that the likely European windfall we'll get next season, which net of costs will add an absolute minimum of £3m profit and that's if we lose every game.

 

Nearly every penny of our Europe money will be profit.  The last time we spent it on stadium upgrades such as floodlighting and screeens. 
 

that aside you aren’t far off.  They lost more than £2m last season so if they gave a£2m injection they will be able to maintain current levels of spending for another season. 

[DalryJambo]

13 hours ago, Rudy T said:

I’m not convinced they’ll make any money from signings, any sales will go into the group and if they’re signing for Bournemouth then they’re definitely not seeing a penny of that money. They’ll get a few more loaned players in return.

 

I'm convinced the Gordon's will make more money in side payments for making the loan scheme possible than hibs will directly.

[Doc Rob]

The £6m investment sounds like a lot, but it reminds me of the SMG investment we had back in the late 90s - which sounded like a lot until you realised it had to cover player salaries and signing-on fees as well as transfers. And then we blew most of it signing the likes of Petric and Fitzroy Simpson.

[Sooks]

10 hours ago, 1971fozzy said:

Also given the state Aberdeen are in it’s all good. Aberdeen losing £5-6m a season and openly admitted their business model is to sustain that by selling players. They will sell Miovski no doubt and paper over the cracks this close season but when he goes he will be a huge loss. They are flirting with the play off place and that’s with him. They are in for a world of pain. Add in the elephant in the room that is their decrepit cess pit of a stadium and the huge money needing spent in maintenance / relocating and just wow.

This is why I would rather keep our better players and use them to earn money on the pitch . As you said any money Aberdeen get for their players is immediately gambled on their replacement , and all the while their league position is subject to a yoyo effect . I prefer to look at transfer fees as an unexpected and unplanned income stream , that we get as compensation for agreeing to let one of our big onfield earners go 

[Homme]

1 hour ago, Doc Rob said:

The £6m investment sounds like a lot, but it reminds me of the SMG investment we had back in the late 90s - which sounded like a lot until you realised it had to cover player salaries and signing-on fees as well as transfers. And then we blew most of it signing the likes of Petric and Fitzroy Simpson.

 

Got a lot more for your money back then too. 

 

We ****ed that up so badly.

[Rudy T]

6 hours ago, DalryJambo said:

 

I'm convinced the Gordon's will make more money in side payments for making the loan scheme possible than hibs will directly.

Indeed. This current agreement looks like the Gordon’s first move on their route out. They’ll want their money, and still own the ground and the training farm.

[Jamhammer]

22 hours ago, TheBigO said:

Hold on what fun did they have when we were relegated?  Like when they got relegated too?  Or does he mean the time we were demoted by vote and still scudded them in the cup semi!?  

 

If that's what they regard fun....!??!

They’re deviants

So Yes 😀

 

[Firefox]

20 hours ago, indianajones said:

 

Spittal to score the goal that does it. 

He'll be a target for the vermin cloggers the next time Motherwell play them now that they know he'll be a big team player next season

[DalryJambo]

2 hours ago, Rudy T said:

Indeed. This current agreement looks like the Gordon’s first move on their route out. They’ll want their money, and still own the ground and the training farm.

 

Yea. Very easy for them to set up a side company that is paid for 'consultancy' at agreed levels. For example there could be a fee paid to this company for every player taken to hibs from the group. There could be another fee if any player that has been loaned to hibs is then sold for a profit.

 

Even if its a set fee per player going to hibs for experience and exposure (£50k say) and then a small percentage of sales (1% or .5%) this could easily make it worth their while. I'm not sure what the SFA or other bodies could do about this. 

 

I have nothing to back this up, but for me all these business people getting involved in massively loss making clubs makes little sense. There must be some benift to the owners for this type of arrangement.

 

Edit: There's a finical fair play loop hole aspect to this as well as maybe one team could buy a player and loan it to another for free hence reducing that teams spend. Again not sure of FIFA etc are on to this anyway. 

Edited March 26 by DalryJambo

[martoon]

8 hours ago, Firefox said:

He'll be a target for the vermin cloggers the next time Motherwell play them now that they know he'll be a big team player next season

 

Hibs players, cloggers or otherwise, didn't impede Yan Dhanda in any way 2 weeks back. 😄😉

[Sub4TiddlerMurray]

14 hours ago, DalryJambo said:

 

Yea. Very easy for them to set up a side company that is paid for 'consultancy' at agreed levels. For example there could be a fee paid to this company for every player taken to hibs from the group. There could be another fee if any player that has been loaned to hibs is then sold for a profit.

 

Even if its a set fee per player going to hibs for experience and exposure (£50k say) and then a small percentage of sales (1% or .5%) this could easily make it worth their while. I'm not sure what the SFA or other bodies could do about this. 

 

I have nothing to back this up, but for me all these business people getting involved in massively loss making clubs makes little sense. There must be some benift to the owners for this type of arrangement.

 

Edit: There's a finical fair play loop hole aspect to this as well as maybe one team could buy a player and loan it to another for free hence reducing that teams spend. Again not sure of FIFA etc are on to this anyway. 

Apologies if I’ve missed this, but is it also possible that Gordon will have an off-shore company to which they charge fees to the likes of Hibs to ensure no tax is paid to HMRC on income received? I.e. something similar to Starbucks, Apple, etc.?

 

(or am I just making this up? 😁)

[Greenbank2]

51 minutes ago, Sub4TiddlerMurray said:

Apologies if I’ve missed this, but is it also possible that Gordon will have an off-shore company to which they charge fees to the likes of Hibs to ensure no tax is paid to HMRC on income received? I.e. something similar to Starbucks, Apple, etc.?

 

(or am I just making this up? 😁)

Football clubs generally don't pay tax as they don't make a profit. (you don't pay tax on income). On an annual basis there may be an OPERATING profit but this is usually offset against previous losses, investments (ground upgrades, new players etc)

[Sooks]

36 minutes ago, Greenbank2 said:

Football clubs generally don't pay tax as they don't make a profit. (you don't pay tax on income). On an annual basis there may be an OPERATING profit but this is usually offset against previous losses, investments (ground upgrades, new players etc)

They are now just a branded shell , merely a spoke in a wheel . Money will move through their club , the same as players . A shit little dockside bus stop on the main line between Bournemouth and France  

[DalryJambo]

2 hours ago, Sub4TiddlerMurray said:

Apologies if I’ve missed this, but is it also possible that Gordon will have an off-shore company to which they charge fees to the likes of Hibs to ensure no tax is paid to HMRC on income received? I.e. something similar to Starbucks, Apple, etc.?

 

(or am I just making this up? 😁)

 

I'm 100% certain this type of arrangement would be structured to maximise tax avoidance. The parent company of the American could be based in the states, the Gordon's are based in the States and this holding company could be in a tax haven somewhere. An invoice could be sent based on the agreed contract and the various arrangements triggered, covering the 'football consultancy services'. This would then be paid directly into the holding companies bank account. There's no reason for that to touch the UK tax system or hibs accounts etc.

 

I've NO proof at all this is what's happening its just speculation, but I remain sceptical as to why all these business people are buying multiple football clubs in minor leagues given how little money the clubs traditionally make.  The guy at the top of the tree gets to tap into massive TV money, European money, the potential of million pound player sale income if they find some gems, but all the clubs lower down don't really benefit from these income streams and just need to live off the scraps.

 

In hibs case, yes they'll get better players, but what are the loan fees? 

 

Yes they might win more games and get higher up the league, sell more tickets, get more prize money, get into Europe, but will this impact the development and sale of players they own? It also risks constantly unsettling the 1st team with a constantly changing squad.

 

As a fan a lot of this maybe doesn't matter. Better players, means better football and more wins. If that's enough, is the rest just irrelevant? As long as they're not left with millions of debt the next time the club changes hands then maybe its all just modern football/business? 

[DalryJambo]

1 hour ago, Greenbank2 said:

Football clubs generally don't pay tax as they don't make a profit. (you don't pay tax on income). On an annual basis there may be an OPERATING profit but this is usually offset against previous losses, investments (ground upgrades, new players etc)

 

But the owners will pay tax and how they manage their income is very relevant.

[Turkishcap]

While my focus is on the Killie game....

If st mirren beat well and if sevco beat hubz with 2 games pre split would rule hobos out of a euro spot.

Just saying.

[jimbojambo]

On 25/03/2024 at 23:32, RobNox said:

So the reality of the £6m Foley money is that about £2m will be available to augment the playing budget after the infrastructure spend.  It's not as if they can go out and splash £2m on transfer fees, that £2m is a one-off sum, unless Foley decides to go all philanthropic and start chucking money at Hibs out of the goodness of his heart.

 

So a one-off windfall of £2m gets them what?  2 players for £250k each on 3 year deals at £5k per week.  That's their £2m spent.  Get the signings right and they might improve the team, but they ain't turning Hibs into the 3rd force.

 

To put things into context, we get a £6m windfall every year from our benefactors and FOH, and while a lot of that money has been spent on infrastructure development in recent seasons, Budge is on record as saying we'll be putting a bigger chunk of this into the playing budget going forward.

 

Add to that the likely European windfall we'll get next season, which net of costs will add an absolute minimum of £3m profit and that's if we lose every game.

 

So the Gordon's don't get any of the £6 million? Why then did they allow it if it diluted their share value and didn't benefit them? Hibbies be worried as too many unanswered questions and individuals looking for returns. James Anderson and FoH put money in unconditionally and don't get anything tangible in return. 

[buzzbomb1958]

4 hours ago, jimbojambo said:

So the Gordon's don't get any of the £6 million? Why then did they allow it if it diluted their share value and didn't benefit them? Hibbies be worried as too many unanswered questions and individuals looking for returns. James Anderson and FoH put money in unconditionally and don't get anything tangible in return. 

I’d say that hobos have more debt than has been disclosed, I’d say they are in the shit and needed that money badly

[Cameronstheman]

Hate the two cheeks, but if celtic beat aberdeen in the SCSF does that mean we are in a good place with 3rd for Europe , sorry no clued up on this shit 

[Malinga the Swinga]

15 minutes ago, Cameronstheman said:

Hate the two cheeks, but if celtic beat aberdeen in the SCSF does that mean we are in a good place with 3rd for Europe , sorry no clued up on this shit 

Yep, that is correct 

[ShedBoy]

On 26/03/2024 at 00:13, RobNox said:

That's the big thing, Cormack is trying to get the Council to help fund a development by the harbourside that will include a brand new stadium.  Unfortunately, Dippy Dave seems oblivious to the fact that local councils all over the UK are facing huge financial problems and financing a new football stadium might be well down their priority list.

 

The same council that stopped heating the swimming pool in the leisure club 200yds from pittodrie, due to lack of funds.

 

The council is rooked.

 

https://www.aberdeenlive.news/news/aberdeen-news/aberdeens-beach-leisure-centre-bucksburn-8206727

 

 

[JAYEL]

Will Foleys man pick the team. ?

[Sooks]

2 hours ago, JAYEL said:

Will Foleys man pick the team. ?

This would probably improve them . Montgomery is useless 

[RobNox]

13 hours ago, jimbojambo said:

So the Gordon's don't get any of the £6 million? Why then did they allow it if it diluted their share value and didn't benefit them? Hibbies be worried as too many unanswered questions and individuals looking for returns. James Anderson and FoH put money in unconditionally and don't get anything tangible in return. 

You could ask the same about why the Gordon's converted their loans into new shares.  Their loans were secured over Hibs assets, so on the face of it, it's not beneficial to them to write off these loans in return for new shares.  However, in doing so, it allowed them to maintain a controlling shareholding while also issuing new shares to Foley for his investment.

 

I'm not sure if there is some grand plan behind this, but one outcome of issuing the new shares to both the Gordons and Foley is that the HSL shareholding has been reduced to below 10% so they are even more of an irrelevance than they were before.

[Chimp]

Hilarious that so many Hibs fans keep saying that they are "on another level" to Hearts when it comes to transfer dealings now 😂  Signing proven players like Dhanda, Penrice and Spittal are signings way below them now and not of their standard because they got a guy like superstar Marcondes on loan for 6 months - a guy btw who's never been capped by Denmark he's that good. Had never even heard of him before. Maybe because they've had so much absolute dross over the years they get a little bit over excited they actually bring in a decent player.

 

According to these roasters we just won't be able to compete with them financially as they're absolutely loaded now and seem oblivious to the fact we are in a very healthy position ourselves. Getting way too far ahead of themselves, but that's just how you want them to be.

 

[Ricardo Quaresma]

6 hours ago, RobNox said:

You could ask the same about why the Gordon's converted their loans into new shares.  Their loans were secured over Hibs assets, so on the face of it, it's not beneficial to them to write off these loans in return for new shares.  However, in doing so, it allowed them to maintain a controlling shareholding while also issuing new shares to Foley for his investment.

 

I'm not sure if there is some grand plan behind this, but one outcome of issuing the new shares to both the Gordons and Foley is that the HSL shareholding has been reduced to below 10% so they are even more of an irrelevance than they were before.

 

Won't that mysterious guy that, along with gordos & foley, now have absolute power over there, be pivotal in selling any part of the club?

 

He was pivotal in accepting the foley investment, wasn't he?

[Sooks]

46 minutes ago, Ricardo Quaresma said:

 

Won't that mysterious guy that, along with gordos & foley, now have absolute power over there, be pivotal in selling any part of the club?

 

He was pivotal in accepting the foley investment, wasn't he?

He was king maker . Leslie Robb 

 

Basically he wiped out HSL as any kind of force and now has a cosy seat on the board

 

 

[Ricardo Quaresma]

Just now, Sooks said:

He was king maker . Leslie Robb 

 

Basically he wiped out HSL as any kind of force and now has a cosy seat on the board

 

 

 

Is he a confirmed hibby? Guessing he obviously is

[Rods]

Just now, Ricardo Quaresma said:

 

Is he a confirmed hibby? Guessing he obviously is

I think he is and also has connections to BG similar to Anderson.

 

I get the feeling he see’s himself as a future AB and is in a win/win situation things go well with the Gordon/Foley hookup he is happy as a fan. Things go south he is in the right place to know it’s coming and snap the club up and take it forward possibly with a new version of HSL.

 

 

[Ricardo Quaresma]

2 minutes ago, Rods said:

I think he is and also has connections to BG similar to Anderson.

 

I get the feeling he see’s himself as a future AB and is in a win/win situation things go well with the Gordon/Foley hookup he is happy as a fan. Things go south he is in the right place to know it’s coming and snap the club up and take it forward possibly with a new version of HSL.

 

Ah, right enough, I remember someone mentioned the Baillie Gifford connection now 👍

 

I wonder how committed he is; he'll have to buy the lot from the rest of them though

[Sooks]

10 minutes ago, Ricardo Quaresma said:

 

Is he a confirmed hibby? Guessing he obviously is

Seems to be yes . Pretty sure either or both of Duff and Gray were too however  

[Ricardo Quaresma]

1 minute ago, Sooks said:

Seems to be yes . Pretty sure either or both of Duff and Gray were too however  

 

[db211833]

EEN desperately trying to make Hibs relevant

McGinn left them 6 years ago ffs

 

https://www.edinburghnews.scotsman.com/sport/steve-clarke-scotland-message-hearts-stars-hibs-heroes-euro-2024-bid-4572196

 

[Ricardo Quaresma]

1 minute ago, db211833 said:

EEN desperately trying to make Hibs relevant

McGinn left them 6 years ago ffs

 

https://www.edinburghnews.scotsman.com/sport/steve-clarke-scotland-message-hearts-stars-hibs-heroes-euro-2024-bid-4572196

 

Scrambling for relevance; pitiful; lovely

[Sooks]

4 minutes ago, db211833 said:

EEN desperately trying to make Hibs relevant

McGinn left them 6 years ago ffs

 

https://www.edinburghnews.scotsman.com/sport/steve-clarke-scotland-message-hearts-stars-hibs-heroes-euro-2024-bid-4572196

 

Yeah that was ****ing weird  

 

Might as well have said that Hibs fans will be thrilled that the grass is a similar colour to their shirts 

[Rods]

2 hours ago, Ricardo Quaresma said:

 

Ah, right enough, I remember someone mentioned the Baillie Gifford connection now 👍

 

I wonder how committed he is; he'll have to buy the lot from the rest of them though

He might pick them up quite cheaply when the experiment fails.

 

He has got himself into a place where he can continue to see under the bonnet. 
 

He must have realised HSL was not going to be a success this time around and manoeuvred into position.

 

It would be akin to having AB on the board during the Romanov era. 
 

Time will tell if he is going to have the power to act to prevent the failure at Hibs and to what level he can soften the blow

 

He seems to be the only safety net currently at Hibs.

 

 

 

 

 

 

 

[martoon]

FTHibs

 

 

 

Edited March 29 by martoon

[DesertDawg]

It's called "armchair journalism," where the writer works from home and submits his article by email where it's selected for publication, or not, by available space.

 

The real Evening News journalists of years ago would be horrified by the "quality" of today's contributors.

[Jambo in Bathgate]

1 hour ago, DesertDawg said:

It's called "armchair journalism," where the writer works from home and submits his article by email where it's selected for publication, or not, by available space.

 

The real Evening News journalists of years ago would be horrified by the "quality" of today's contributors.

Is this not the case for most so called journalists in Scotland in the media in general. The internet is blamed for papers not selling but it’s the lack of quality journalism that has done them too.

[Sooks]

8 hours ago, Jambo in Bathgate said:

Is this not the case for most so called journalists in Scotland in the media in general. The internet is blamed for papers not selling but it’s the lack of quality journalism that has done them too.

There was a period of time where our one time two decent newspapers the Scotsman and Edinburgh Evening News just completely abandoned all pretence of being impartial on politics and sport . They drove away a big chunk of their readership . Idiots like Aidan Smith , and  his Hibby pals made an absolute midden of the football coverage , and the political position taken on Scottish politics drove away a great many more . This was at a time when online media was starting to threaten their existence . They basically committed suicide by alienating too many of their former readers at a time when they most needed people to keep buying and subscribing 

[DesertDawg]

5 hours ago, Sooks said:

There was a period of time where our one time two decent newspapers the Scotsman and Edinburgh Evening News just completely abandoned all pretence of being impartial on politics and sport . They drove away a big chunk of their readership . Idiots like Aidan Smith , and  his Hibby pals made an absolute midden of the football coverage , and the political position taken on Scottish politics drove away a great many more . This was at a time when online media was starting to threaten their existence . They basically committed suicide by alienating too many of their former readers at a time when they most needed people to keep buying and subscribing 

 

Do they really have an "editor" anymore?  The number of articles submitted by these home "journalists" that reach publication with grammatical and spelling errors nowadays would have caused the serious editors of years ago to jump off the Scotsman building!