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All is not well in the HSL!!!!


avhudtheteeshirt

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Hell mend them.     Hope they realise how shite it is to be them.    A long and happy reign to their latest con artist owner.    

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Greenminger will come to the rescue. He has more financial nuonce than Bill Gates

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Footballfirst
8 minutes ago, avhudtheteeshirt said:

Their money will go to the club with no shares in return????

 

Much the same at Hearts once Bidco transfers most of its shares to FOH. 

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letsmakesomenoise
Just now, Footballfirst said:

Much the same at Hearts once Bidco transfers most of its shares to FOH. 


Possibly true, the difference being WE will own the club we are investing in.  Unlike the tramps, who are paying for Ron’s new holiday home.  Or is that the Martin Boyle transfer? I forget.

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Tynecastlesmychurch
10 minutes ago, Mikey1874 said:

It's all clearly okay. They are signing Paul McGinn. 

 

Super Paul McGinn? 😏

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Footballfirst
1 minute ago, letsmakesomenoise said:


Possibly true, the difference being WE will own the club we are investing in.  Unlike the tramps, who are paying for Ron’s new holiday home.  Or is that the Martin Boyle transfer? I forget.

 

I've as much idea about how Hibs will spend HSL cash, as how the Hearts Board will spend FOH cash. 

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3 minutes ago, Footballfirst said:

 

I've as much idea about how Hibs will spend HSL cash, as how the Hearts Board will spend FOH cash. 

Maybe,   but the purpose of the investment, fan ownership, is being delivered.   Might feel differently if that wasn't the case and the money was being passed to a privately owned club. 

Edited by Gmcjambo
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Big mistake for them allowing funds being redirected to player purchases/wages. Not much chance of them owning their club now.

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The difference, as I see it, is both ventures set out to buy the Club(s) we achieved our goal with dedication and sustained commitment. HSL was a poorly run and supported venture that tried to mimic ours.  It was doomed to fail and kept up the the now renowned pattern of Hibsing it.

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18 minutes ago, Footballfirst said:

Much the same at Hearts once Bidco transfers most of its shares to FOH. 

It will but at least FoH will be the majority shareholder unlike their pissy wee 15% that they cant increase.

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Footballfirst
1 minute ago, Section Q said:

Big mistake for them allowing funds being redirected to player purchases/wages. Not much chance of them owning their club now.

 

The HSL cash always went to the playing budget, although they previously got shares in return.

 

What has hit them is their failure to raise enough funds to buy shares from STF quickly enough, allowing Ron Gordon to be able to obtain a majority shareholding, before HSL reached their first target of a 25% stake.

 

HSL wasn't shafted by Ron Gordon. It was shafted by STF selling out.

 

Just imagine the outcry if AB broke the agreement with FOH and sold out to a third party having taken £m's of fans cash. (I don't know if the agreement is legally watertight). 

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Hibs wanted fans to have 51% initially. Dempster was giving it big licks about the first of it's kind pish and here we are 5 years later after a couple of failed attempts and HSL own 15% with other minority shareholders another 15-20%.

 

Cant wair to see their commemorative shirt effort.

 

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Footballfirst
2 minutes ago, Poseidon said:

Cant wait to see their commemorative shirt effort.

 

 

The names will certainly be in a larger font than the FOH equivalent.

Edited by Footballfirst
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3 minutes ago, Footballfirst said:

 

The HSL cash always went to the playing budget, although they previously got shares in return.

 

What has hit them is their failure to raise enough funds to buy shares from STF quickly enough, allowing Ron Gordon to be able to obtain a majority shareholding, before HSL reached their first target of a 25% stake.

 

HSL wasn't shafted by Ron Gordon. It was shafted by STF selling out.

 

Just imagine the outcry if AB broke the agreement with FOH and sold out to a third party having taken £m's of fans cash. (I don't know if the agreement is legally watertight). 

They weren't shafted by Farmer.   They were shafted by their own fans who failed to pony up.  STF would need to live a very long time if he was waiting on HSL having the required funds

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4 minutes ago, Poseidon said:

Hibs wanted fans to have 51% initially. Dempster was giving it big licks about the first of it's kind pish and here we are 5 years later after a couple of failed attempts and HSL own 15% with other minority shareholders another 15-20%.

 

Cant wair to see their commemorative shirt effort.

 

Hee hee.....51 and 15 you couldn't make it up.....has a certain ring to it

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7 minutes ago, Poseidon said:

Hibs wanted fans to have 51% initially. Dempster was giving it big licks about the first of it's kind pish and here we are 5 years later after a couple of failed attempts and HSL own 15% with other minority shareholders another 15-20%.

 

Cant wair to see their commemorative shirt effort.

 

 

It is the case that a severe crisis gives fans the stronger incentive.

 

Though arguably Hibs have been in crisis for 40 years, saved only by their Cup win.

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Fxxx the SPFL
9 minutes ago, Footballfirst said:

 

The HSL cash always went to the playing budget, although they previously got shares in return.

 

What has hit them is their failure to raise enough funds to buy shares from STF quickly enough, allowing Ron Gordon to be able to obtain a majority shareholding, before HSL reached their first target of a 25% stake.

 

HSL wasn't shafted by Ron Gordon. It was shafted by STF selling out.

 

Just imagine the outcry if AB broke the agreement with FOH and sold out to a third party having taken £m's of fans cash. (I don't know if the agreement is legally watertight). 

don't go giving her ideas FF.

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We've been to the pit of hell and back with a catastrophic collapse and the current state of play is that they're 12 points ahead of us and not even in the same league as us financially.    They'll finish 5th and we'll maybe finish 9th or 10th.     Small consolation when the huge financial gap will still be there.   

 

Miserable rats.

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WheatfieldWarrior
20 minutes ago, Section Q said:

Big mistake for them allowing funds being redirected to player purchases/wages. Not much chance of them owning their club now.

 

Should have stuck to their guns - not like Ron is a 20 year old.  I'd have wanted to play the long game there.

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Footballfirst
4 minutes ago, Ray has bus pass hooray said:

don't go giving her ideas FF.

 

AB admitted having received an approach prior to the RG takeover at Hibs. She said that she didn't know if it had come from RG before he switched his interest to Hibs.

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6 minutes ago, WheatfieldWarrior said:

 

Should have stuck to their guns - not like Ron is a 20 year old.  I'd have wanted to play the long game there.

It's not a choice,  the club have told them no more shares.

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20 minutes ago, Poseidon said:

Hibs wanted fans to have 51% initially. Dempster was giving it big licks about the first of it's kind pish and here we are 5 years later after a couple of failed attempts and HSL own 15% with other minority shareholders another 15-20%.

 

Cant wair to see their commemorative shirt effort.

 

 

😁

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WheatfieldWarrior
Just now, baxterd1974 said:

It's not a choice,  the club have told them no more shares.

 

My point is they say that now.  They might say something different in 10 years. Ron won't live forever.

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They've spent their time obsessing over our finances while Ron the Con has been giving them the Peruvian boaby. For as long as they remain in the top half of the league he'll get away with it, until they start to slide down the league, by then it'll be too late. 

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Coburg Hearts
47 minutes ago, Footballfirst said:

 

AB admitted having received an approach prior to the RG takeover at Hibs. She said that she didn't know if it had come from RG before he switched his interest to Hibs.

Ron knows who the big team is. 

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been here before

But, but, but they're bringing out a shirt next year with all the HSL subscriber name(s)...

 

Should be a laugh. 

 

TAM FAE PILRIG on the front

 

HEROIN SUE on the back.

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1 minute ago, been here before said:

But, but, but they're bringing out a shirt next year with all the HSL subscriber name(s)...

 

Should be a laugh. 

 

TAM FAE PILRIG on the front

 

HEROIN SUE on the back.

is it a baby mouse sized one?

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Ex member of the SaS

Whilst I would never wish a club to die ( other than Sevco ) it's fun watching them try to imitate us and fail ( as usual ). It's nearly 50/50 on whether to stop HSL donations.

They put money into the club ( for players ) yet are still struggling. Once FoH owns the club, donations will be going into our own club while theirs will be lining Ron pockets.

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Coburg Hearts
1 hour ago, Poseidon said:

Hibs wanted fans to have 51% initially. Dempster was giving it big licks about the first of it's kind pish and here we are 5 years later after a couple of failed attempts and HSL own 15% with other minority shareholders another 15-20%.

 

Cant wair to see their commemorative shirt effort.

 

Seriously, they are bringing one out, though what it is going to commemorate I have absolutely no Idea.

Suggestions gratefully appreciated.  

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