Thread: new east stand
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Old 27-03-08, 23:36   #17
PILTONSTANY
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Re: new east stand

Quote:
It's all gone very quiet down at Longniddry mansions
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This is all very surprising as all the jungle drums pre xmas were pointing to a January announcement with 'Saint Rodney' even going as far to set up 'Focus Groups' to decide on whether the pizzas in the 'New East' were to be round or rectangle.
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It can't be for immediate financial reasons as Hibs are absolutely swimming in cash with both the Whittaker and Murphy transfer fees still to feed through to the already bloated Balance Sheet.

Saint Rodney historically is a very cautious and conservative chairman and I have theory that he thinks that the crowd boom of the last 4 years may have peaked.

9,500 was the average crowd as 'Boaby' rode off into the sunset and 14,500 was last seasons trophy winning average.
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There are signs though that crowds generally are slipping
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This years average could fall below 14,000 especially if Hearts don't make the top 6, the feel good factor of the 'golden generation' has gone and there is an economic slow down beckoning and there is a possibilty that Mixu's style of football might not suit everyone long term.
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2010 is the crunch date and 'Saint Rodney has a huge decision to make in the next 12 months as he could saddle Hibs with £7m debt at the same time as falling revenue or he could dilly dally and have to face the chance of the planning permission being gone forever.
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'Saint' Rodney has got more decisions right than wrong in the last 5 years but you don't envy him making that call.
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I forsee £5m for Mr Fletcher and reduced capacity single tier stand in the future......
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