HSL

Jack

Aulder Than Shrink This Radge
The major shareholder/owner is a somewhat transient position whereas supporters are forever.

Our time will come again when we have the opportunity to acquire [at least] a blocking share of our club.

RG might even change his position before he becomes the next former major shareholder/owner.

In my opinion once all this covid crap is over HS needs to get itself into a position that makes acquiring that blocking share possible as soon as the opportunity presents itself.
 

Purple & Green

Radge McRadge
Admin
Why do you reckon this is his approach?

I don't know. The previous board/owner had to approve all share transfers and issues, so technically retained the power to block any undesirable transactions.

It also means the previous board/owner had to approve the 10% nominee shareholding which I think is probably held by one person.

The current board/owner know the identity of the 10% nominee. The current owner has controlling stake of 67.23%

Perhaps there is some significance in those figures, perhaps not.

I don't immediately see what difference it makes if fan A or fans group B hold the remaining stake.

I also, don't believe Tom Farmer would have left us vulnerable or sold us to the wrong person.
 

Daniel1875

Well-Known Radge
That’s a good point and one I’ll pass on to the board.

Perhaps an update from Jim and the rest of the board in advance of an AGM on Zoom would be worth setting up and it would give members a chance to ask any questions they have at the moment.
Pleased to say this is something which the board are keen to push ahead with. Likely to be a midweek evening in January sometime once the festivities are out of the way and invites will be extended to all full members for an informal catch up/discussion via Zoom or similar platform.

Details will be shared once we have a date/time confirmed.
 

emerald green

Well-Known Radge
Whats so difficult to have 2 different options on the HSL site - Click this one, and your monthly or one off donation goes straight to the account set up to go to hibs, or click here and the money will be held until such times as shares ares available to purchase. 2 different bank accounts.

If extra items need added to the terms of reference, then add them.

is it not that simple? if not why not?
 

Daniel1875

Well-Known Radge
Whats so difficult to have 2 different options on the HSL site - Click this one, and your monthly or one off donation goes straight to the account set up to go to hibs, or click here and the money will be held until such times as shares ares available to purchase. 2 different bank accounts.

If extra items need added to the terms of reference, then add them.

is it not that simple? if not why not?
A decision like that can’t be made without consulting the members first and having a vote on it.

Once fans are back in the stadium and there’s a chance to have an AGM I imagine something like what you’ve suggested will be high on the agenda.
 

Purple & Green

Radge McRadge
Admin
I’m sure we are all feeling the same about this year and are glad to see the end of it.

We have tried to keep low key over the last few months as we are painfully aware of the difficult times that many are experiencing right now. When people are losing their lives and livelihoods, football seems unimportant.

Having said this your Board did not want the year to pass without giving you an update. We also wanted to make you aware of an initiative we have in mind for January.

Today we passed over £21,814.10 to the Club, which represented the donations that we received from you in the month of December. This brings our total donations since the takeover to £287,615.57. Your Board would like to express our sincere thanks for this wonderful generosity, particularly at this difficult period. This has been a tremendous effort.

I’m sure everyone is pleased with the progress that is being made and while we have had a few difficult results we are all desperately keen to see us stake a claim for Europe.

With this in mind we would like to help Jack Ross even further. We are going to try our best to make a donation of £100,000 to the Club for the January football budget. To do this we would like to invite every Hibs supporter to consider making a donation to us to the value of what you would have spent at Hampden for the League Cup Semi Final against St. Johnstone. It may just be the ticket price of £25 but if you are in a position to donate more please do so. Please also remember we are making this appeal to only those folks who can comfortably afford to make such a donation. It would be great if we could get as many as 4000 supporters who are ableto support this initiative.

To make the donation is easy. For existing Members simply sign into your Members’ page and select the single donation amount that you would like to make.

If you are not a Member and have never donated before it is equally easy. Go to our web site at www.hiberniansupporters.co.uk and press the donate button. If you follow the instructions from there to the single donation section, you can select the preferred amount. Please note the system will allow you to make a “donation only” which means that you are not contributing to a Membership of Hibernian Supporters.

As an extra incentive we plan to have a prize draw. Everyone who makes a donation of £25 or more will have their name entered into a draw and one name will be selected at random. The winner will receive a signed and framed shirt ( HSL or normal strip ) by their favourite player.

Finally, on behalf of everyone at Hibernian Supporters can I wish you a happy and healthy New Year.
 

Rocky

Well-Known Radge
That's a very good email, well done HSL. Hadn't thought about it in context of the cost of a semi before.
 

Purple & Green

Radge McRadge
Admin
Nope , get those huddies that have conceded 5 at home to 2 teams with a fraction of our resources to give a bit back ie a weeks wages
I think this is the problem with donations;

results like today will undermine the appeal.

I think that’s the wrong effect, but completely understandable.
 
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