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HSL

Weehibbydrew

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According to the website there is only 2,409 members. We have donated £770,000 so far.

I'm shocked that membership is so low. I really didn't think it was that bad.

Seems like Hibs fans really do not like or want anything to do it

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That is poor, I agree. Those spreading the Ponzi myth did their fellow fans a lot of damage.
 

FTJT

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There was a lot of shit spoken about HSL, but I think the bigger barrier was a lot of people not having concerns about the ownership of the club, and feeling like they already paid in enough with their ST.
 

SKII

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There was a lot of shit spoken about HSL, but I think the bigger barrier was a lot of people not having concerns about the ownership of the club, and feeling like they already paid in enough with their ST.
Yep. We had debate on here where folk said they "paid enough" and were looking for the owner to pay more. There were even folk who don't go to games saying they'd not be going until the owners coughed up or bailed out. The Ponzi stuff definitely didn't help them but the HSL for loyalty points thing ultimately did for them. It was that single incident more than any other contributing factor that turned off fans who actually do pay lots toward the club week in, week out.

I benefited from it because I had already joined HSL and had been to every game home and away. It put me in a position where nobody could trump my access to tickets. I was not happy with that, however. It wasn't fair and it wasn't what either loyalty points or HSL contributions were set up for. It was the beginning of the end for loyalty points and a massive own goal for HSL/Hibs.
 

HibeeZab

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Yep. We had debate on here where folk said they "paid enough" and were looking for the owner to pay more. There were even folk who don't go to games saying they'd not be going until the owners coughed up or bailed out. The Ponzi stuff definitely didn't help them but the HSL for loyalty points thing ultimately did for them. It was that single incident more than any other contributing factor that turned off fans who actually do pay lots toward the club week in, week out.

I benefited from it because I had already joined HSL and had been to every game home and away. It put me in a position where nobody could trump my access to tickets. I was not happy with that, however. It wasn't fair and it wasn't what either loyalty points or HSL contributions were set up for. It was the beginning of the end for loyalty points and a massive own goal for HSL/Hibs.
Totally agree. I doubt HSL will continue much longer, and will be replaced by a membership scheme (hopefully) along the lines of AberDNA. This should open the door for a return of some sort of loyalty point system, which is badly needed with our ever growing season ticket numbers.
 

Purple & Green

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Still no word from HSL? The status should be straightforward and this is beginning to feel a bit ominous. I think this highlights the mistake of aligning hsl too closely to the club and the people wearing two hats.
 

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I have contributed for a couple of years now, only thought of was improving the club.
No interest in fan ownership tbh, no idea what that would mean in practical terms anyway.
I will continue paying.
 

Jamie

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EMAIL:


As promised, I am writing today to provide an update following the recent acquisition of the majority shareholding in our Club by Bydand Sports LLC (Mr Ron Gordon).

Following on from our earlier note, Members of the Hibernian Supporters Board met Mr Gordon on Monday, which was our earliest opportunity to meet, to welcome his investment in the Club and to hear his plans for the future development of Hibernian. This meeting was very cordial and helpful to both Hibernian Supporters and the new principal shareholder and enabled both parties to understand the history of Hibernian Supporters Ltd, its aims and intentions. Mr Gordon was very positive about the contribution that we have made since our inception and saw that as the single biggest minority shareholding in the Club, we have a role going forward. He reiterated his intention to work positively with fellow shareholders and stakeholders.

Members, and continuing contributors to Hibernian Supporters, will be comforted to know that it purchased shares that were available to buy immediately prior to the transaction between H F C Holdings and Mr Gordon as per our subscription agreement, however, that following the transaction no more shares are available to purchase directly from the Club. Money that has been collected since this time is held within our bank account and has not been transferred to the Club.

The full Board of Hibernian Supporters will meet on Monday, 15th July 2019 to discuss the way ahead and we have agreed to continue our dialogue with Ron and the Club and we anticipate meeting again next week.

Hibernian Supporters has made an important contribution to Hibernian over the last 4 years and can continue to do so to ensure the Club continues its progress and competes at the highest level in football. It has endured negativity, however, it has been clear in its intent to support the Club despite this, and will intend to do so moving forward.

The Club has a new owner who has passion, ambition and a vision for Hibernian’s development in the future. He met with members of Hibernian Supporters Association on Wednesday evening and he talked about his 90 day and 6-month plans that are being developed currently.

Whilst the Board of Hibernian Supporters understand that supporters want clarity instantly, it is important that we carefully consider what we have been told in our meetings with the new owner, take account of what all our members views are and develop our plans properly. The first steps in this process have happened and will continue with our Board meeting on Monday and with the continued discussions with Ron.

It is understandable that change brings with it uncertainty but we should not allow rumour and speculation to fill the temporary void created. One of the things we believe as your Directors we have enjoyed over the past few years is your trust. We have worked hard to earn this and we will continue to progress in accordance with our objectives and our Articles. Can I please once again ask for your patience.

Can I leave you with some simple facts which we believe is positive news for Hibernian Supporters.

Since the announcement last week Hibernian Supporters have increased our Membership, increased our shareholding in the Club as a result of share donations and indeed only today received further pledges of over 250,000 shares in the Club from private shareholders. Can we also help some of our fellow Members and supporters who have been forensically examining shareholdings by confirming that we have received a number of share donations over the years and this will help to explain the very minor discrepancies in calculations that are drawn only from public information.


James Adie
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1875

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Hibernian Supporters?
 

Weehibbydrew

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Hibernian Supporters?
Name change was some time ago? Think it was on the email last week, the one they sent when Ron was announced.
 

Purple & Green

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Here is the news. There is no news.
 

1875

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Name change was some time ago? Think it was on the email last week, the one they sent when Ron was announced.
Bit presumptious for 2000 fans, but then their comms have been shite from early days, when I made comments previously, they had Jackie McNamara call me out on here, never seen hims since. Then there was that Non Hibby SNP MSP who seems to have vanished.

I go home and away, I throw money at Hibs weekly and back them almost unconditionally, but the comms, the admin then the ultimate faux pas, the loyalty points ,ensured they would get nowt from me, seems I represent a majority given we have 12000 season ticket holders and only 2000 ahem, Hibernian Supporters.

Ron and his people have probably seen it for what it is.
 

Sir Shrink

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Here is the news. There is no news.
There is a bit of work to be done before they can offer useful info. It seems that the transfer of shares from STF and Rodders was completed pretty much on the QT and Jim Adie and co. will have their work cut out to adapt. The HS(L) can no longer purchase shares so they need new articles, and basically a new (and acceptable) raison d'être.
In the meantime we can all indulge in the usual speculation as to whether it's a Fonzi Scheme a Ponzi Scheme or a Ronzi Scheme.
 

1875

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There is a bit of work to be done before they can offer useful info. It seems that the transfer of shares from STF and Rodders was completed pretty much on the QT and Jim Adie and co. will have their work cut out to adapt. The HS(L) can no longer purchase shares so they need new articles, and basically a new (and acceptable) raison d'être.
In the meantime we can all indulge in the usual speculation as to whether it's a Fonzi Scheme a Ponzi Scheme or a Ronzi Scheme.
Or a very poorly administered failed opportunity?
 

Power

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What I’ve taken from this is some Hibs fans loved providing extra funds to the Club irregardless, some were energised to get over 25% of club shares in one voice - a population were keen for a higher percentage. A fair number were enthusiastic to provide more funds direct to the manager and others content that the club would do as it sees fit with it.

A wide range of opinions but engaged nonetheless. It is what it is now and it’s about making the right decisions here on in. Patience will give us more opportunities on how to progress.

I’m keeping a tab on things and here throughout.
 

1875

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What I’ve taken from this is some Hibs fans loved providing extra funds to the Club irregardless, some were energised to get over 25% of club shares in one voice - a population were keen for a higher percentage. A fair number were enthusiastic to provide more funds direct to the manager and others content that the club would do as it sees fit with it.

A wide range of opinions but engaged nonetheless. It is what it is now and it’s about making the right decisions here on in. Patience will give us more opportunities on how to progress.

I’m keeping a tab on things and here throughout.
The bit you missed KP is the fact the vast majority didnae buy in, in any shape or form?
 

Davy

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Not even sure if im donating or not. I cancelled at one point but emailed them to restart payments but dunno if they did. Does seem strange TF kinda going back on an agreement..maybe he didn't have time to wait until HSL made the 25%, or maybe Ron doesn't want them to reach that figure and TF felt it was best deal on table. Going forward that lot along the road will continue to put money in, in the hope they can buy their way t being a big team again. We do need to watch we don't lose ground. Even a millionaire $%#@ always be expected to put only his own money in. That said, sell out crowds would help immensly
 

Power

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The bit you missed KP is the fact the vast majority didnae buy in, in any shape or form?
True - more referencing the ones that are buying in and their intentions.
 

BVilleggiante

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Do any of our contributors from the USA know of any examples in the States where owners look to the fan base to invest in any way, other than match tickets?
I haven't heard of any in my life here so I did a quick search and found this on Wikipedia:


So yes, they do exist but they're not professional teams in the so called major sporting leagues here.
 

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