Swanny17 Posted November 16, 2021 Share Posted November 16, 2021 Quote Link to comment Share on other sites More sharing options...
Carl Fredrickson Posted November 16, 2021 Share Posted November 16, 2021 FoH & benefactors are vital to us. Only read the website but a £2m net profit in that period is great news. Will let others with more finance knowledge look into the detail and explain it to folk like me. Quote Link to comment Share on other sites More sharing options...
Famous 1874 Posted November 16, 2021 Share Posted November 16, 2021 We are loaded Quote Link to comment Share on other sites More sharing options...
Jaap's Sigh Posted November 16, 2021 Share Posted November 16, 2021 Just now, Carl Fredrickson said: FoH & benefactors are vital to us. Only read the website but a £2m net profit in that period is great news. Will let others with more finance knowledge look into the detail and explain it to folk like me. To turn a 2 million profit during a bad financial year is excellent. Compare to Rangers most recent accounts and it’s night and day. Quote Link to comment Share on other sites More sharing options...
Ari Gold Posted November 16, 2021 Share Posted November 16, 2021 (edited) Am I right in saying based on the figures, we only got over £1m for Hickey? These figures do highlight how important FOH is. Edited November 16, 2021 by Ari Gold Quote Link to comment Share on other sites More sharing options...
Gmcjambo Posted November 16, 2021 Share Posted November 16, 2021 Not read the detail yet but that profit for this period of time is pretty astonishing. Remarkable really. Every FOH contributor, take a bow. Very fortunate to have such amazing fans, including the benefactors. We’re clearly in good shape on and off the pitch now 😊 Quote Link to comment Share on other sites More sharing options...
Poseidon Posted November 16, 2021 Share Posted November 16, 2021 £6.385m in donations.. We are minted 😂 Quote Link to comment Share on other sites More sharing options...
Bob Loblaw Posted November 16, 2021 Share Posted November 16, 2021 4 minutes ago, Ari Gold said: Am I right in saying based on the figures, we only got over £1m for Hickey? These figures do highlight how important FOH is. Yes. But I guess they could be they are paying the amount in instalments. Quote Link to comment Share on other sites More sharing options...
lost in space Posted November 16, 2021 Share Posted November 16, 2021 Do the figures include the "gift" from the Scottish Government - given as we were in Championship (as apposed to the Prem League loans)? Quote Link to comment Share on other sites More sharing options...
Swanny17 Posted November 16, 2021 Author Share Posted November 16, 2021 6 minutes ago, Ari Gold said: Am I right in saying based on the figures, we only got over £1m for Hickey? These figures do highlight how important FOH is. The fee was circa £1.4M but we had to give Celtic 30% IIRC? Quote Link to comment Share on other sites More sharing options...
Poseidon Posted November 16, 2021 Share Posted November 16, 2021 (edited) The £6.385m Donations figure comes from Donations from benefactors £4.715m Donations from FOH £1.666m Others £4k Cheers Mr Anderson 👍 Edited November 16, 2021 by Poseidon Quote Link to comment Share on other sites More sharing options...
jamboy1982 Posted November 16, 2021 Share Posted November 16, 2021 I think the hickey money is minus what we have spent on players Quote Link to comment Share on other sites More sharing options...
Gmcjambo Posted November 16, 2021 Share Posted November 16, 2021 1 minute ago, Poseidon said: The £6.385m Donations figure comes from Donations from benefactors 4,715 3,000 Donations from FOH 1,666 603 Cheers Mr Anderson 👍 We are very fortunate indeed. Can’t really expect anything other than significant losses for this period and we’ve turned in a profit. 😎 Quote Link to comment Share on other sites More sharing options...
Ari Gold Posted November 16, 2021 Share Posted November 16, 2021 5 minutes ago, Bob Loblaw said: Yes. But I guess they could be they are paying the amount in instalments. Fair point. 3 minutes ago, Swanny17 said: The fee was circa £1.4M but we had to give Celtic 30% IIRC? Also fair point. Forgot about this. Just seems frustratingly cheap considering how he's went on to play over there. Our hands were tied I suppose. Quote Link to comment Share on other sites More sharing options...
Heartsofgold Posted November 16, 2021 Share Posted November 16, 2021 £6.3 million in donations. Assuming £1.3 from FoH then Mr Anderson gave us £5 million. Jesus, adopt me you amazing man!!!!! Quote Link to comment Share on other sites More sharing options...
Perth to Paisley Posted November 16, 2021 Share Posted November 16, 2021 When I hit download I fully expected to be taken directly to www.hibs.net/hibinomics Quote Link to comment Share on other sites More sharing options...
Poseidon Posted November 16, 2021 Share Posted November 16, 2021 1 minute ago, Heartsofgold said: £6.3 million in donations. Assuming £1.3 from FoH then Mr Anderson gave us £5 million. Jesus, adopt me you amazing man!!!!! £4.7m 👍 Quote Link to comment Share on other sites More sharing options...
jambo19 Posted November 16, 2021 Share Posted November 16, 2021 15 minutes ago, Ari Gold said: Am I right in saying based on the figures, we only got over £1m for Hickey? These figures do highlight how important FOH is. Net gain so factor in other transfers too Quote Link to comment Share on other sites More sharing options...
Clerry Jambo Posted November 16, 2021 Share Posted November 16, 2021 Just now, Perth to Paisley said: When I hit download I fully expected to be taken directly to www.hibs.net/hibinomics Hahahahaha thought the same mate. Not interested in any comments on here until the leith mob have read, dissected and came up with the bottom line….. Quote Link to comment Share on other sites More sharing options...
Bull's-eye Posted November 16, 2021 Share Posted November 16, 2021 It's called running a business correctly. It's not about donations or benefactors or FOH. It's about running a business within its means. Dr A Budge is the best thing that ever happened to Hearts. Quote Link to comment Share on other sites More sharing options...
Heartsofgold Posted November 16, 2021 Share Posted November 16, 2021 1 minute ago, Poseidon said: £4.7m 👍 Still want him to adopt me. Quote Link to comment Share on other sites More sharing options...
tian447 Posted November 16, 2021 Share Posted November 16, 2021 2 minutes ago, Perth to Paisley said: When I hit download I fully expected to be taken directly to www.hibs.net/hibinomics They'll be spunking their sisters frillies after getting their hands on that kind of bedtime reading. How much did we nick from the Poppy Fund this year? £5 Million? Quote Link to comment Share on other sites More sharing options...
Ari Gold Posted November 16, 2021 Share Posted November 16, 2021 (edited) 3 minutes ago, jambo19 said: Net gain so factor in other transfers too Net gain was £900k odd. There's a bit that shows the breakdown of incoming transfer fees and outgoing transfer fees. The outgoing fee will be for Mceneff I assume. Edited November 16, 2021 by Ari Gold Quote Link to comment Share on other sites More sharing options...
Heartsofgold Posted November 16, 2021 Share Posted November 16, 2021 2 minutes ago, Poseidon said: £4.7m 👍 Bet those scag injecting scumbags from Leith wish Ron the Con pumped £4.7 million onto their shite hole of a club. Quote Link to comment Share on other sites More sharing options...
Ari Gold Posted November 16, 2021 Share Posted November 16, 2021 (edited) Just now, Ari Gold said: Having a shocker on mobile, ignore Edited November 16, 2021 by Ari Gold Quote Link to comment Share on other sites More sharing options...
Poseidon Posted November 16, 2021 Share Posted November 16, 2021 Turnover was down by £4.6m and should be back very close to £12.5m this year I would imagine. Despite there being additional costs which we managed to recoup via furlough scheme which we will occur at full running we must be pretty close to break even if we include FoH donations but had no benefactor donations this coming year. Depends how much we get for Soapy in January I suppose 😬 Quote Link to comment Share on other sites More sharing options...
Bazzas right boot Posted November 16, 2021 Share Posted November 16, 2021 (edited) Demoted. Nae fans Covid It will end us... Report a £2m net profit. Come back up and sit 3rd, with our ch who recovered from injury scoring winning international goals and our gk saving penalties!! Only downer is them 2 ****ing penalties😢, imagine we had a sc in the bag as well! Edited November 16, 2021 by Smith's right boot Ooh, I forgot - fan owned as well! Quote Link to comment Share on other sites More sharing options...
Disco Dave Posted November 16, 2021 Share Posted November 16, 2021 11 minutes ago, Heartsofgold said: £6.3 million in donations. Assuming £1.3 from FoH then Mr Anderson gave us £5 million. Jesus, adopt me you amazing man!!!!! Looks like £4.2M from JA. £500K from elsewhere "During the year, the company received £4.2m (2020 - £3m) in donations from a director. This amount is included within the £4.7m (2020 - £3m) donations from benefactors within note 9." Quote Link to comment Share on other sites More sharing options...
EH11 2NL Posted November 16, 2021 Share Posted November 16, 2021 20 minutes ago, Swanny17 said: The fee was circa £1.4M but we had to give Celtic 30% IIRC? Could be wrong but I thought Celtic got nothing the way Budge structured the deal. I thought it was a £1M loan, then sign as a free agent the year later when free Quote Link to comment Share on other sites More sharing options...
maxjambo98 Posted November 16, 2021 Share Posted November 16, 2021 That is a very healthy looking position to be in. With the crowds back in and hospitality regularly selling out hopefully we're generating a good profit this year too. Looks like only part of the actual cash for the Hickey deal has been received by June 2021 which would explain why only around £220k of player registration income is shown in the Cash Flow statement. Quote Link to comment Share on other sites More sharing options...
highlandjambo3 Posted November 16, 2021 Share Posted November 16, 2021 2 million profit……Benny factor's mentioned…….vermin will be all over this……..rooond them 😏 Quote Link to comment Share on other sites More sharing options...
August Landmesser Posted November 16, 2021 Share Posted November 16, 2021 16 minutes ago, Clerry Jambo said: Hahahahaha thought the same mate. Not interested in any comments on here until the leith mob have read, dissected and came up with the bottom line….. Key question: do the figures include raids on this year's poppy tins or last year's? Quote Link to comment Share on other sites More sharing options...
systemx Posted November 16, 2021 Share Posted November 16, 2021 20 minutes ago, Perth to Paisley said: When I hit download I fully expected to be taken directly to www.hibs.net/hibinomics They,ve started a thread already,must be spewing Quote Link to comment Share on other sites More sharing options...
Rudolf Posted November 16, 2021 Share Posted November 16, 2021 4 minutes ago, August Landmesser said: Key question: do the figures include raids on this year's poppy tins or last year's? 🤣🤣 Quote Link to comment Share on other sites More sharing options...
Gmcjambo Posted November 16, 2021 Share Posted November 16, 2021 If anyone is interested - Hibs comments from March 2021 - still more losses to come from that mob : The financial statements cover the suspended 2019-2020 playing season. The suspension had a negative impact on the Club’s financial performance, with turnover down 17% to £8.9m from £10.8m the previous year. This decrease in turnover increased the Wages to Turnover ratio to 74% compared to 59% for the previous year. However, the Club received approximately £0.5m of income from the United Kingdom’s Coronavirus Job Retention Scheme, which adjusted the wage to turnover ratio to 68%. Although some operating costs were cut due to the early conclusion of the season, the Club still recorded an operating loss of £1.4m, and ultimately a net loss of £1.2 million in the year. Quote Link to comment Share on other sites More sharing options...
BigAlim Posted November 16, 2021 Share Posted November 16, 2021 Obviously so much needs to be said for those working at the club, FOH and the supporters for getting the club through this period. Special mention for Mr Anderson though, if I was ever a rich and successful business man I would be pumping cash into the JTs as well. The man’s living the dream! Don’t even want to think about the standard of player we would have been shopping for in the summer if it wasn’t for that man. Quote Link to comment Share on other sites More sharing options...
Jambo-Jimbo Posted November 16, 2021 Share Posted November 16, 2021 We got 'Benny Factors'...........they got Peruvian Ron. Quote Link to comment Share on other sites More sharing options...
tian447 Posted November 16, 2021 Share Posted November 16, 2021 18 minutes ago, August Landmesser said: Key question: do the figures include raids on this year's poppy tins or last year's? That's who the benefactors are Quote Link to comment Share on other sites More sharing options...
JamboAl1965 Posted November 16, 2021 Share Posted November 16, 2021 40 odd years supporting hearts and never seen figures like that. Long way from Haggart’s them being splashed for sale on the Pinks front page Outstanding Quote Link to comment Share on other sites More sharing options...
Unknown user Posted November 16, 2021 Share Posted November 16, 2021 Jesus he's given us 7 million the last 2 years! Cheers big man! Quote Link to comment Share on other sites More sharing options...
Coco Posted November 16, 2021 Share Posted November 16, 2021 The support from FoH is now flowing to the club's finances. But it is dwarfed by the incredible cash coming in from James Anderson. No individual in the club's history can ever have put in more. Quote Link to comment Share on other sites More sharing options...
scott herbertson Posted November 16, 2021 Share Posted November 16, 2021 2 minutes ago, Coco said: The support from FoH is now flowing to the club's finances. But it is dwarfed by the incredible cash coming in from James Anderson. No individual in the club's history can ever have put in more. True Collectively Hibs have donated well over his contribution though - think of the additional revenues from 2006, 2012, and the added season ticket sales and merchandise from a long series of drubbings. Quote Link to comment Share on other sites More sharing options...
1971fozzy Posted November 16, 2021 Share Posted November 16, 2021 Great news,. Thanks to Mr Anderson and FOH it’s incredible. Now corporate etc is all opened up we should be very healthy Quote Link to comment Share on other sites More sharing options...
kingantti1874 Posted November 16, 2021 Share Posted November 16, 2021 Thankyou to James Anderson, thank you Ann , other unnamed benefactors and every single fan who puts their hands in their pockets. the last 2 years will be some of the the most challenging in the history of the club and we have got through it unscathed due to the generosity of the people supporting the club Quote Link to comment Share on other sites More sharing options...
Victorian Posted November 16, 2021 Share Posted November 16, 2021 Borthers just reported this on the news. Splendid smug coupon Borthers. 👍 Quote Link to comment Share on other sites More sharing options...
Everybody Loves Baz! Posted November 16, 2021 Share Posted November 16, 2021 Name a stand after the man. Thank you Mr Anderson. Quote Link to comment Share on other sites More sharing options...
Victorian Posted November 16, 2021 Share Posted November 16, 2021 We announce these financials. Hibs announce three more years of Paul Hanlon. Quote Link to comment Share on other sites More sharing options...
hughesie27 Posted November 16, 2021 Share Posted November 16, 2021 50 minutes ago, Disco Dave said: Looks like £4.2M from JA. £500K from elsewhere "During the year, the company received £4.2m (2020 - £3m) in donations from a director. This amount is included within the £4.7m (2020 - £3m) donations from benefactors within note 9." Would the 500k for being in Championship from Gov be the missing money? Quote Link to comment Share on other sites More sharing options...
Tom Hardy’s Dug Posted November 16, 2021 Share Posted November 16, 2021 We have more than one benefactor, no? Quote Link to comment Share on other sites More sharing options...
Bazzas right boot Posted November 16, 2021 Share Posted November 16, 2021 (edited) 28 minutes ago, Smithee said: Jesus he's given us 7 million the last 2 years! Cheers big man! Imagine if he kept that up as we generate our own pwoooper income again, rathe than giving it to us as it was needed. Be like 50% on our wage bill. Edited November 16, 2021 by Smith's right boot Quote Link to comment Share on other sites More sharing options...
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