Just Back from the AGM

If we are going to let more of the Ugly Sister's fans in the ground

1. Bang their price up by a fiver, they will still buy them.
2. Take a retainer/retention from the OF, deduct the cost of any damage before any money is returned.
3. Make sure we get some more videos on the big screen of them getting humped.
 
Yeah not surprised, seemingly the SPFL and the ugly sisters have been pressing clubs about the reduced allocations aswell.

None of the SPFL's business.
No like they'd pressure them on increasing ours or Hearts allocation in Glasgow.

Do we get the same allocation as Celtic at Hunbrox, or Hunco at Celtic Park? (When they're not locking each other.
 
How many sell outs we had this year?
We've more than covered that shortfall. The trick is to keep things exciting and everyone will keep coming.
Not sure about actual sell-outs at the stadium during the domestic season, but Barnett said at the meeting that the crowd at the Midtjylland game was the biggest in the stadium since it was re-built...IE in the modern era.
 
If we are going to let more of the Ugly Sister's fans in the ground

1. Bang their price up by a fiver, they will still buy them.
2. Take a retainer/retention from the OF, deduct the cost of any damage before any money is returned.
3. Make sure we get some more videos on the big screen of them getting humped.

Happily take a 10% ST hike to keep the bigots out.
 
Yeah not surprised, seemingly the SPFL and the ugly sisters have been pressing clubs about the reduced allocations aswell.
It’s got nothing to do with the glasgow centric SPFL. We could give them zero tickets and they couldn’t do anything
 
Is part of the problem also not the seats that can’t be sold in order to segregate the fans? Need a big wall and then when Celtic come maybe have some movable pillars that we can put in front of their corner.
 
I hate the bigots. I hate having to listen to them. However, if we can't sell enough seats to justify selling in that traditional away end then I'd be selling them to that lot. I'd be doing so on the understanding though of reciprocal arrangements with ticket sales to us for the corresponding fixure through the M8. Our club is running at unsustainable losses we can't not sell tickets for empty seats just because we hate them.
 
I liked the idea of putting removable pillars in front of the Smelly fans. I’d go further and have buckets full of urine above the The Huns which can be emptied on them at half time by the press of a button (no, sorry I will be pressing it, wait your turn) to emulate our experience at the Hunnery.

On the above conditions I’d be happy to give them the whole stand.
 
Five days on from the AGM, and having sat through what was, as I said earlier, a very well presented and professional event, there is just something which still bothers me.
I really don't think, in layman's terms, that the reasons for our £4 to 5 Million trading loss which is about £18 Million over the last three or four years...were explained properly to the shareholders.

The Financial Director gave a very good presentation with lots of graphs and trading figures and she seemed to say that things were getting better and the figures will look much better next financial year, which is fine, we will have to take her word for that, but as to why we got into this mess in the first place was not really dealt with in any great detail. Everyone has there own ideas. For me our signing strategy instigated from the time when Ron bought the club in 2019 and very much geared towards having a separate Development team playing regularly against top class opposition, was an unmitigated failure and a very costly one.
As a club we have simply spent way more than we have brought in....and I suspect staff costs were really high. Then we had the odd appointment of Brian McDermott as our "sporting director" a man who didn't seem to know from day one what his job was supposed to entail.

As I have said before, Ron Gordon for me should have immediately from day 1 appointed a proper Director of Football with a defined strategy, either McKay or someone of his football experience, to run the whole football operation right from the start. Instead of going for this mass signing policy with his son Ian being named Head of Recruitment, we should have had what we have now. I liked Ron very much. He had great ambitions for the club and he was a likeable, positive, and enthusiastic guy, but for me needed to be more ruthless, which is what you have to be in order to be successful in any business. However in my view he got things wrong from the start at Hibs as he had no knowledge of football, and needed someone in who did.

I was asked by several people I know after last weeks meeting...how the hell have we ran up so much trading debt over the last few years ?, and i'm afraid, despite having sat through all two and half hours of the meeting, I wasn't able to answer them in a clear and coherent way.
 
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Five days on from the AGM, and having sat through what was, as I said earlier, a very well presented and professional event, there is just something which still bothers me.
I really don't think, in layman's terms, that the reasons for our £4 to 5 Million trading loss which is about £18 Million over the last three or four years...were explained properly to the shareholders.

The Financial Director gave a very good presentation with lots of graphs and trading figures and she seemed to say that things were getting better and the figures will look much better next financial year, which is fine, we will have to take her word for that, but as to why we got into this mess in the first place was not really dealt with in any great detail. Everyone has there own ideas. For me our signing strategy instigated from the time when Ron bought the club in 2019 and very much geared towards having a separate Development team playing regularly against top class opposition, was an unmitigated failure and a very costly one.
As a club we have simply spent way more than we have brought in....and I suspect staff costs were really high. Then we had the odd appointment of Brian McDermott as our "sporting director" a man who didn't seem to know from day one what his job was supposed to entail.

As I have said before, Ron Gordon for me should have immediately from day 1 appointed a proper Director of Football with a defined strategy, either McKay or someone of his football experience, to run the whole football operation right from the start. Instead of going for this mass signing policy with his son Ian being named Head of Recruitment, we should have had what we have now. I liked Ron very much. he had great ambitions for the club. He was a likeable, positive, and enthusiastic guy, but for me needed to be more ruthless, which is what you have to be in order to be successful in any business. However in my view he got things wrong from the start at Hibs as he had no knowledge of football, and needed someone in who did.

I was asked by several people I know after last weeks meeting...how the hell have we ran up so much trading debt over the last few years ?, and i'm afraid, despite having sat through all two and half hours of the meeting, I wasn't able to answer them in a clear and coherent way.
Excellent post Greenmachine. Scattergun recruitment policy away from the team, the development team, and in the main an awful football recruitment strategy.

The Gordons basically covered the mess they made. I think though, the laddie has learned fairly quickly, and they are on the right tracks now (generally).

I think we as fan base had so many years of Petrie/Farmer spend £1 less than we make mantra, that we are all amateur accountants, whereas the reality is, even though there has been "record investment", its still not enough. We lag behind they hertz bastards and the sheep by quite a distance and that needs to be bridged, and if the Gordons are unable or unwilling and it cant be done internally, we should be actively looking for other investing.

We accept mediocrity imo
 
Excellent post Greenmachine. Scattergun recruitment policy away from the team, the development team, and in the main an awful football recruitment strategy.

The Gordons basically covered the mess they made. I think though, the laddie has learned fairly quickly, and they are on the right tracks now (generally).

I think we as fan base had so many years of Petrie/Farmer spend £1 less than we make mantra, that we are all amateur accountants, whereas the reality is, even though there has been "record investment", its still not enough. We lag behind they hertz bastards and the sheep by quite a distance and that needs to be bridged, and if the Gordons are unable or unwilling and it cant be done internally, we should be actively looking for other investing.

We accept mediocrity imo
The record investment and not being enough is not the issue. The issue as Ian Gordon being Head of Recuritment , sun bed Ben giving out mental contracts to poor players. Corporate deals which are now hurting us .

All these cock ups lead back to the Gordon’s door.

I’ve not doubt about their passion and love for the club . But their naivety has been badly exposed and exploited
 
The record investment and not being enough is not the issue. The issue as Ian Gordon being Head of Recuritment , sun bed Ben giving out mental contracts to poor players. Corporate deals which are now hurting us .

All these cock ups lead back to the Gordon’s door.

I’ve not doubt about their passion and love for the club . But their naivety has been badly exposed and exploited
What corporate deals and how are they hurting us🤷‍♂️
 
The record investment and not being enough is not the issue. The issue as Ian Gordon being Head of Recuritment , sun bed Ben giving out mental contracts to poor players. Corporate deals which are now hurting us .

All these cock ups lead back to the Gordon’s door.

I’ve not doubt about their passion and love for the club . But their naivety has been badly exposed and exploited
I agree regarding the naivety, particularly regarding the previous policy of spending good money on development players. The Young Pretender seems to have been taught a lesson too and hopefully now the ship is in the right hands.
 
Hospitality deal . The deal
We are taking legal action on . Having to cancel the club shop
Deal four years early .

Basically lack of appropriate corporate oversight and controls before we entered into contracts under sun bed Ben

Wasnt the club shop and fanatics only like a year ago?
Was Ben involved in any of that?

I think alot of the losses will be tied up in the pitch, pitch at east Mains, stadium upgrades, easy mains, planning permissions etc etc.
Capex on most of that I would've thought though.

Definitely a fuck tonne of money been thrown at it.
 
Hospitality deal . The deal
We are taking legal action on . Having to cancel the club shop
Deal four years early .

Basically lack of appropriate corporate oversight and controls before we entered into contracts under sun bed Ben
Never heard anything about kind of dodgy contracts tbh… nothing mentioned at the AGM
 
Never heard anything about kind of dodgy contracts tbh… nothing mentioned at the AGM
It was mentioned briefly at the AGM before this one. Not much could be said because legal action was in process we were told apart from it was to do with a £1m income contract.

The Finance Director said it would never have happened on her shift and was a wee bit ragin! Reading between the lines at other comments I suspected the tan man was involved. No surprise to me, he was the CEO after all, if he had fucked up and if you remember he'd left the building by the time of the AGM.
 
It was mentioned briefly at the AGM before this one. Not much could be said because legal action was in process we were told apart from it was to do with a £1m income contract.

The Finance Director said it would never have happened on her shift and was a wee bit ragin! Reading between the lines at other comments I suspected the tan man was involved. No surprise to me, he was the CEO after all, if he had fucked up and if you remember he'd left the building by the time of the AGM.
First I’ve heard of anything like this