Quite a bit past it radge
Lewis Flag Donator
Part of Bounce
Hmm, the implication of the latest email and the piece in EEN by Charlie Reid seems to be that their favoured option is to use funds to buy shares from other shareholders. It does also suggest that we'll have an option to choose where our individual contributions get directed (share purchase / playing budget / infrastructure).
I personally think we need to know more about Ron's intentions before forming a view on the best options for HSL. If he intends to put money into the club on an ongoing basis then I'm quite happy to continue contributions. However if he's not, then I'd want to be sure that any money I put in is being used purely for the revenue budget, not for capital expenditure. Otherwise I feel like I'd be putting money in to increase the value of his investment.
Maybe I'm looking at it the wrong way and in reality the value of his investment will never increase, but I do feel that if there's any chance he will ultimately profit from his ownership of Hibs then he should either be looking to personally match any contribution from HSL, or he should be making shares available to HSL in return for whatever contributions are made.
Haven't seen Charlie's piece, but I don't really see the point in buying shares from other shareholders. The club won't benefit in any way, and nor will HSL other than to make incremental gain on the shareholding. Sill wouldn't be material in my view.
I've got shares, and I'm keeping them!
I see Rocky's point about contributing to the infrastructure meaning a gain for Ron (or any other shareholder who may sell in the future - I won't!) and for that reason I'll be sending my contribution to the 'player pool' option.
I hope that choice is exercised by as many Hibs fans as possible so that we can continue our bid to challenge at the very top.
That's my view today anyway.