FoH - final installment of BidCo payment made - share transfer likely in April

[wavydavy]

36 minutes ago, Francis Albert said:

I think the answer to your question is that FOH will continue to have a minority of club board members in line with its ethos of not interfering in the running of the club which is a principle embodied in the recently agreed Articles of Association of FOH. I think it's bizarre but there it is.

On your first point I agree ... I have suggested more than once that FOH should at least put a brief CV of its board members on its website. Most organisations do so. The response was that I should come to.meetings and ask the directors directly.

 

 

I believe FOH have two board members.

[Bazzas right boot]

4 hours ago, Jeff said:

 

That's not the point. Feeling quite lonely without my own email

 

Check spam/ junk. 👍

[Kiwidoug]

Bought the club, become accredited living wage employers which includes contractors staff, and built a fantastic new stand.  All in 5 years.  Add to that  saving us from liquidation prior to admin.

 

That's what not letting your club die looks like.

 

 

[Tom Hardy’s Dug]

So important - as we have seen recently - that we keep the FOH subs going and try and expand the membership and our ownership to provide a maximised income that could really help take us to the next level.

Edited February 5, 2020 by Tom Hardy’s Dug

[annushorribilis III]

On 30/01/2020 at 21:19, CJGJ said:

I disagree with you

 

simply taking out your frustration with no plan in place.

 

The stand is built we need money to complete the fit out which will bring more money into the club but you don't want to complete it..your point is totally illogical

Carry on disagreeing. 

 

I'm not taking any frustration out on anyone.  Happy to be corrected otherwise. 

 

I never said anything about not completing it. Happy to be corrected otherwise. 

 

But as usual , you post total bollocks.  Happy to be corrected otherwise.

[Jambo-Fox]

Would I be right in thinking the FOH income is the equivalent of approximately an extra 5,000 season ticket holders?? Perhaps more perhaps less?

[Pans Jambo]

10 hours ago, Francis Albert said:

I think the answer to your question is that FOH will continue to have a minority of club board members in line with its ethos of not interfering in the running of the club which is a principle embodied in the recently agreed Articles of Association of FOH. I think it's bizarre but there it is.

On your first point I agree ... I have suggested more than once that FOH should at least put a brief CV of its board members on its website. Most organisations do so. The response was that I should come to.meetings and ask the directors directly.

 

If the FoH have responded to you like that FA then that's a bit out of order. There's a good few FoH contributors who live abroad. Surely they dont expect folk to fly in from Canada/New Zealand and Australia etc. for an FoH meeting? Even if they don't, there's FoH Jambos all over these islands and folk work full-time so they cant always attend these meetings.

 

I agree with you, they should have their C.V. type details posted  on the FoH website so folk can decide who they want on the board and vote accordingly. 

 

Apart from Ann, I have no idea who they are.

[davemclaren]

20 minutes ago, Pans Jambo said:

If the FoH have responded to you like that FA then that's a bit out of order. There's a good few FoH contributors who live abroad. Surely they dont expect folk to fly in from Canada/New Zealand and Australia etc. for an FoH meeting? Even if they don't, there's FoH Jambos all over these islands and folk work full-time so they cant always attend these meetings.

 

I agree with you, they should have their C.V. type details posted  on the FoH website so folk can decide who they want on the board and vote accordingly. 

 

Apart from Ann, I have no idea who they are.

To be fair, they all produce a 'candidate statement' which includes their relevant experience as part of the election process. 

[Footballfirst]

There is a short résumé for each of the FOH Board members on the new website

 

https://www.foundationofhearts.org/we-are/

[Pans Jambo]

15 minutes ago, davemclaren said:

To be fair, they all produce a 'candidate statement' which includes their relevant experience as part of the election process. 

Did they? Fair enough. Missed that.

[Justin Z]

35 minutes ago, Pans Jambo said:

If the FoH have responded to you like that FA then that's a bit out of order.

 

That part he'll have left out in saying that he's suggested it "more than once" is that it was in fact the 78th bit of self-important minutia he'd pestered them about that day, and they were being extremely accommodating and polite in how they chose to shoo him.

 

38 minutes ago, Pans Jambo said:

There's a good few FoH contributors who live abroad. Surely they dont expect folk to fly in from Canada/New Zealand and Australia etc. for an FoH meeting? Even if they don't, there's FoH Jambos all over these islands and folk work full-time so they cant always attend these meetings.

 

I have a feeling non-bumptious Jambos near and far will have little trouble making their thoughts heard.

[Don Dan]

Did we not have prospective candidates answer question on here at one point in the past. I also seem to remember candidates publishing their CVs and giving a pitch prior to the elections of Board members in the past. Louise Strutt was the last one I remember reading something about prior to the vote.

[Pans Jambo]

3 minutes ago, Justin Z said:

 

That part he'll have left out in saying that he's suggested it "more than once" is that it was in fact the 78th bit of self-important minutia he'd pestered them about that day, and they were being extremely accommodating and polite in how they chose to shoo him.

 

 

I have a feeling non-bumptious Jambos near and far will have little trouble making their thoughts heard.

Oh, "letter writer" is he?

EDIT: I had to "write" to them actually, my Maroon points are showing a lot less than they should be on the new website.

Edited February 5, 2020 by Pans Jambo

[Justin Z]

1 minute ago, Pans Jambo said:

Oh, "letter writer" is he?

 

I'm just exaggerating for effect--and yet I also wouldn't be surprised if I lucked into near truth with that post

 

But yes, as Dave and Dannie have pointed out, the information he is claiming needs to be published in one particular place has been there, it's just that it's never good enough for him, and the pestering must continue until it's exactly as he wants it. This is a theme.

 

Edited February 5, 2020 by Justin Z

[jr ewing]

A plan can I suggest should be put in place outlining exactly how the FOH monies will be invested for the future. 

[Jamboelite]

43 minutes ago, Justin Z said:

 

I'm just exaggerating for effect--and yet I also wouldn't be surprised if I lucked into near truth with that post

 

But yes, as Dave and Dannie have pointed out, the information he is claiming needs to be published in one particular place has been there, it's just that it's never good enough for him, and the pestering must continue until it's exactly as he wants it. This is a theme.

 

Here comes the “im merely asking questions...where am i criticising ..etc etc” in 5,4,3

 

It certainly wont be a response noting that the information he seeks has been in the public domain.

[Der Kaiser]

Do we all get a shot in the Directors box?

 

 

 

 

 

 

 

 

 

 

 

 

....fnar fnar......

 

[davemclaren]

26 minutes ago, jr ewing said:

A plan can I suggest should be put in place outlining exactly how the FOH monies will be invested for the future. 

Should have raised that during the governance discussions. 🤔 

[brux]

The jealousy and ignorance over on hibs.net relating to us saving our club and continuing investment and support is bewildering.  They are still peddling the crap about us cheating and stealing from charities.  This is why we should never EVER stop showing them the double hand gesture.

 

Great effort by everyone getting us to this point, however I feel this is just the beginning and am off to increase my monthly contribution.

[Francis Albert]

1 hour ago, Pans Jambo said:

Did they? Fair enough. Missed that.

They did. But the information was not easily accessible. Tracking back to the election address when the relevant Director was elected, up to 3 years ago, might have unearthed the information but the old web site did not contain much archive material. Anyway the new website contains what I suggested so maybe my 87th email requesting it did the trick!

In fact I can count on the fingers of one hand the number of times I have written to FoH, the majority in response to questions raised by FoH in various consultations. On the other hand counting the number of times I have been told "why don't you write to FoH/the club?" … etc on here would be an arduous task … the answer maybe more in line with Justin Z's estimate of the frequency of my emails to FoH..

 

[Selkirkhmfc1874]

42 minutes ago, jr ewing said:

A plan can I suggest should be put in place outlining exactly how the FOH monies will be invested for the future. 

Maybe the benefactors were helping out until the loan was paid back to Mrs Budge and they can now sit back and let us stand on our own 2 feet 

[davemclaren]

6 minutes ago, Francis Albert said:

They did. But the information was not easily accessible. Tracking back to the election address when the relevant Director was elected, up to 3 years ago, might have unearthed the information but the old web site did not contain much archive material. Anyway the new website contains what I suggested so maybe my 87th email requesting it did the trick!

In fact I can count on the fingers of one hand the number of times I have written to FoH, the majority in response to questions raised by FoH in various consultations. On the other hand counting the number of times I have been told "why don't you write to FoH/the club?" … etc on here would be an arduous task … the answer maybe more in line with Justin Z's estimate of the frequency of my emails to FoH..

 

Has anyone ever called you Victor?  😂

[Francis Albert]

38 minutes ago, davemclaren said:

Should have raised that during the governance discussions. 🤔 

It was raised. Dave. Not by me. FoH stuck to their "it's up the club" position.

Yours, Victor.

[davemclaren]

6 minutes ago, Francis Albert said:

It was raised. Dave. Not by me. FoH stuck to their "it's up the club" position.

Yours, Victor.

I’ve actually raised it at the last 3 agms. 😎

[Francis Albert]

1 minute ago, davemclaren said:

I’ve actually raised it at the last 3 agms. 😎

How dare you pester the poor FoH directors with time wasting questions! No wonder they ignored you.

[jr ewing]

49 minutes ago, davemclaren said:

Should have raised that during the governance discussions. 🤔 

Common sense I would imagine. 

[jr ewing]

35 minutes ago, Selkirkhmfc1874 said:

Maybe the benefactors were helping out until the loan was paid back to Mrs Budge and they can now sit back and let us stand on our own 2 feet 

Very careful planning needed to keep the majority on board. 

[Boab]

10 hours ago, Jambo-Fox said:

Would I be right in thinking the FOH income is the equivalent of approximately an extra 5,000 season ticket holders?? Perhaps more perhaps less?

More or less.

Get out of this mess and numbers will be up next season. Think that’s a given.

All good.

[Mikey1874]

2 hours ago, Dannie Boy said:

Did we not have prospective candidates answer question on here at one point in the past. I also seem to remember candidates publishing their CVs and giving a pitch prior to the elections of Board members in the past. Louise Strutt was the last one I remember reading something about prior to the vote.

 

Candidates engaged on threads. Answered questions etc. 

[Don Dan]

15 minutes ago, Mikey1874 said:

 

Candidates engaged on threads. Answered questions etc. 

I was sure they did, thanks Mikey 👍

[Marvin]

15 hours ago, Radio Ga Ga said:

£10,000,000 nearly £10,000,000 outstanding!

 

So how is HSL getting on

[Walter Bishop]

77 new pledgers overnight. 

[Rudy T]

2 hours ago, brux said:

The jealousy and ignorance over on hibs.net relating to us saving our club and continuing investment and support is bewildering.  They are still peddling the crap about us cheating and stealing from charities.  This is why we should never EVER stop showing them the double hand gesture.

 

Great effort by everyone getting us to this point, however I feel this is just the beginning and am off to increase my monthly contribution.

 

This is my favourite... now unless I’m mistaken only one club in Edinburgh has a former director jailed for money laundering and it’s not Hearts... 

 

 Originally Posted by Kato:
Are you not slightly curious as to the anonymity donations, though? A club with a history of avoiding debts and money laundering has millions of pounds being ploughed through it with no discernable sign the money being spent sensibly. When theres a pattern like that people should be asking questions.

 

They have an owner who has visited once, has security on all their assets and stopped fan ownership... but but big bad Hearts!!

[iantjambo]

19 hours ago, Victorian said:

How are Hibs getting on with their version?

 

Doing great. £6.32 and a stick of spearmint chewing gum at the last count I’m hearing.

[Don Dan]

54 minutes ago, Walter Bishop said:

77 new pledgers overnight. 

Im surprised. I wonder why at this stage we gain rather lose pledgers. 

[Mikey1874]

11 minutes ago, Dannie Boy said:

Im surprised. I wonder why at this stage we gain rather lose pledgers. 

 

Good news inspires people 

[brux]

1 hour ago, Rudy T said:

 

This is my favourite... now unless I’m mistaken only one club in Edinburgh has a former director jailed for money laundering and it’s not Hearts... 

 

 Originally Posted by Kato:
Are you not slightly curious as to the anonymity donations, though? A club with a history of avoiding debts and money laundering has millions of pounds being ploughed through it with no discernable sign the money being spent sensibly. When theres a pattern like that people should be asking questions.

 

They have an owner who has visited once, has security on all their assets and stopped fan ownership... but but big bad Hearts!!

That one makes us sound like an old gangster has turned us into a Chinese laundry. 

[Kiwidoug]

77 new pledgers.  Fantastic.

[brux]

13 minutes ago, Dannie Boy said:

Im surprised. I wonder why at this stage we gain rather lose pledgers. 

I would image there will be quite a lot of new pledgers over then next few days, the feel good factor is returning to the club after a long wait.

[davemclaren]

1 minute ago, brux said:

That one makes us sound like an old gangster has turned us into a Chinese laundry. 

And as if we weren’t following the relevant money laundering rules and procedures. 

[Don Dan]

6 minutes ago, Mikey1874 said:

 

Good news inspires people 

 

3 minutes ago, brux said:

I would image there will be quite a lot of new pledgers over then next few days, the feel good factor is returning to the club after a long wait.

I’m delighted it’s increased. I was actually expecting a drop of as the “job done” may have made people cancel their pledges. A surplus of funds is most welcome. 

[Footballfirst]

53 minutes ago, Dannie Boy said:

I’m delighted it’s increased. I was actually expecting a drop of as the “job done” may have made people cancel their pledges. A surplus of funds is most welcome. 

 

The job is not quite done, at least until the shares are purchased. I also expect a drop off in pledger numbers and/or the amount pledged, although that might be delayed until the actual handover.  However, I don't expect the drop off to be significant in the long term.

 

What the new pledges show is that every time that FOH is visible or active in the media there is an upturn. I tend to think that they have missed a few opportunities to boost numbers in recent years, by remaining out the spotlight.

Edited February 5, 2020 by Footballfirst

[iantjambo]

2 hours ago, Rudy T said:

 

This is my favourite... now unless I’m mistaken only one club in Edinburgh has a former director jailed for money laundering and it’s not Hearts... 

 

 Originally Posted by Kato:
Are you not slightly curious as to the anonymity donations, though? A club with a history of avoiding debts and money laundering has millions of pounds being ploughed through it with no discernable sign the money being spent sensibly. When theres a pattern like that people should be asking questions.

 

They have an owner who has visited once, has security on all their assets and stopped fan ownership... but but big bad Hearts!!

One of the idiots thinks FoH should now start repaying all the creditors that lost out after our administration

 

They really don’t have a ****** clue do they? ******* flump!

Edited February 5, 2020 by iantjambo

[132goals1958]

2 hours ago, Rudy T said:

 

This is my favourite... now unless I’m mistaken only one club in Edinburgh has a former director jailed for money laundering and it’s not Hearts... 

 

 Originally Posted by Kato:
Are you not slightly curious as to the anonymity donations, though? A club with a history of avoiding debts and money laundering has millions of pounds being ploughed through it with no discernable sign the money being spent sensibly. When theres a pattern like that people should be asking questions.

 

They have an owner who has visited once, has security on all their assets and stopped fan ownership... but but big bad Hearts!!

 

Absolute clowns. The inference that our auditors would compromise their professional judgement is mind boggling.

The bottom line is we have raised £10 MILLION squid whilst they are still scrambling around collecting buttons and bolts in comparison. Puts me in mind of the time many years ago when I used to take lemonade bottles back to the sweetie shop for a shilling. 

[Kiwidoug]

FF is one of the most respected posters on here but on this topic I disagree with him completely.  He takes the view that a number of pledgers will either reduce or cancel their pledges when the shares are transferred.

 

I take the opposite view.  Instead of the money being used to pay off a debt, it can now help pay for all things Hearts.  It's a bit like paying off a mortgage.  You can then spend the money in any way you please.  I think that will have a positive effect on pledging.

 

FF may prove to be right of course but I bet even he hopes he's wrong.

[1971fozzy]

When the app is out it’ll be easier to deposit one off payments. Should make a good difference especially after a good result

[Unknown user]

11 minutes ago, Kiwidoug said:

FF is one of the most respected posters on here but on this topic I disagree with him completely.  He takes the view that a number of pledgers will either reduce or cancel their pledges when the shares are transferred.

 

I take the opposite view.  Instead of the money being used to pay off a debt, it can now help pay for all things Hearts.  It's a bit like paying off a mortgage.  You can then spend the money in any way you please.  I think that will have a positive effect on pledging.

 

FF may prove to be right of course but I bet even he hopes he's wrong.

 

I tend to agree, we might well see an upturn. 

Edited February 5, 2020 by Smithee

[Footballfirst]

51 minutes ago, Kiwidoug said:

FF is one of the most respected posters on here but on this topic I disagree with him completely.  He takes the view that a number of pledgers will either reduce or cancel their pledges when the shares are transferred.

 

I take the opposite view.  Instead of the money being used to pay off a debt, it can now help pay for all things Hearts.  It's a bit like paying off a mortgage.  You can then spend the money in any way you please.  I think that will have a positive effect on pledging.

 

FF may prove to be right of course but I bet even he hopes he's wrong.

The reality is that pledger numbers have been drifting down for at least the last three years. Average annual pledger numbers, announced at recent FOH AGMs, were  2017 - 7,906,  2018 - 7,664 and  2019 - 7,584.  We also know that people who stop or reduce their pledges do so for a range of reasons. It is a personal choice.

 

That drift is not a huge surprise given the voluntary nature of pledging. In fact it's incredible and to the credit of Hearts fans everywhere that the numbers have been sustained as high as they currently sit.

 

You are correct in saying that I hope that FOH pledging continues to flourish, but I do anticipate that numbers will continue to fall.   

Edited February 5, 2020 by Footballfirst

[Homme]

11 minutes ago, Footballfirst said:

The reality is that pledger numbers have been drifting down for at least the last three years. Average annual pledger numbers, announced at recent FOH AGMs, were  2017 - 7,906,  2018 - 7,664 and  2019 - 7,584.  We also know that people who stop or reduce their pledges do so for a range of reasons. It is a personal choice.

 

That drift is not a huge surprise given the voluntary nature of pledging. In fact it's incredible and to the credit of Hearts fans everywhere that the numbers have been sustained as high as they currently sit.

 

You are correct in saying that I hope that FOH pledging continues to flourish, but I do anticipate that numbers will continue to fall.   

 

Some folk have stopped due to the piss poor performance on the park and constant underachieving. That's their right of course but I just hope they will return or can be convinced to come back. 

 

Thing is, it's all about the money that comes in and not the number of pledgers. If I double my pledge tonight that's as good as a newbie signing up. 

 

More chance of contribute more than getting a new pledger to sign up these days as I think we have probably seen the highest amount of pledgers we are ever likely to see. 

[Hungry hippo]

37 minutes ago, Footballfirst said:

The reality is that pledger numbers have been drifting down for at least the last three years. Average annual pledger numbers, announced at recent FOH AGMs, were  2017 - 7,906,  2018 - 7,664 and  2019 - 7,584.  We also know that people who stop or reduce their pledges do so for a range of reasons. It is a personal choice.

 

That drift is not a huge surprise given the voluntary nature of pledging. In fact it's incredible and to the credit of Hearts fans everywhere that the numbers have been sustained as high as they currently sit.

 

You are correct in saying that I hope that FOH pledging continues to flourish, but I do anticipate that numbers will continue to fall.   

 

Not wanting to be too morose but I knew 3 pledgers who have died since FoH started and I'm a pretty antisocial person so don't know loads of people.