Maq Posted December 9, 2014 Share Posted December 9, 2014 Hearing from a mate that Hibs debts are going to be wiped out, going the same way as Dons, United, Killie etc Quote Link to comment Share on other sites More sharing options...
dan cake Posted December 9, 2014 Share Posted December 9, 2014 hibs "debts" are on the park they've been taking the chunt out of the fans for decades Quote Link to comment Share on other sites More sharing options...
deecie Posted December 9, 2014 Share Posted December 9, 2014 Arma--geddon strikes again. Quote Link to comment Share on other sites More sharing options...
AberdeenAngus Posted December 9, 2014 Share Posted December 9, 2014 This Armageddon has been pure hell. 5 clubs to go into Administration wasn't it? Does Administration have some double meaning in that it also means clearing of all debts? Quote Link to comment Share on other sites More sharing options...
Orraloon Posted December 9, 2014 Share Posted December 9, 2014 Does Administration have some double meaning in that it also means clearing of all debts? Well, aye, it does usually lead to that one way or another. Quote Link to comment Share on other sites More sharing options...
Parklife Posted December 9, 2014 Share Posted December 9, 2014 Well, aye, it does usually lead to that one way or another.Just what I was thinking Quote Link to comment Share on other sites More sharing options...
adamntg Posted December 9, 2014 Share Posted December 9, 2014 I thought Hibs came out of debt ages ago when they sold half their team to the Old Firm? Quote Link to comment Share on other sites More sharing options...
northernscum Posted December 9, 2014 Share Posted December 9, 2014 Hearing from a mate that Hibs debts are going to be wiped out, going the same way as Dons, United, Killie etc From an entirely neutral point of view this is excellent news. Quote Link to comment Share on other sites More sharing options...
AberdeenAngus Posted December 9, 2014 Share Posted December 9, 2014 Well, aye, it does usually lead to that one way or another. You knew what I meant Quote Link to comment Share on other sites More sharing options...
Brassrubber Posted December 9, 2014 Share Posted December 9, 2014 Multi millionaire persuading tax payer funded bank to write off debt -disgusting! Quote Link to comment Share on other sites More sharing options...
AberdeenAngus Posted December 9, 2014 Share Posted December 9, 2014 Multi millionaire persuading tax payer funded bank to write off debt -disgusting! The bank didn't have to take the deal. Quote Link to comment Share on other sites More sharing options...
giblet Posted December 9, 2014 Share Posted December 9, 2014 We have circa £6 million of debt, mostly on the new East Stand. Last three seasons we have been losing almost a million a year. Too much money on utter pish journeyman. Quote Link to comment Share on other sites More sharing options...
Brassrubber Posted December 9, 2014 Share Posted December 9, 2014 Hibs have cheated their way to failure Quote Link to comment Share on other sites More sharing options...
AberdeenAngus Posted December 9, 2014 Share Posted December 9, 2014 Hibs have cheated their way to failure Quote Link to comment Share on other sites More sharing options...
Maq Posted December 9, 2014 Author Share Posted December 9, 2014 Hibs have cheated their way to failure Ha! Quote Link to comment Share on other sites More sharing options...
EddardStark Posted December 10, 2014 Share Posted December 10, 2014 this thread isn't really about Hibs is it? Quote Link to comment Share on other sites More sharing options...
northernscum Posted December 10, 2014 Share Posted December 10, 2014 this thread isn't really about Hibs is it? Erm,...... Aye. Quote Link to comment Share on other sites More sharing options...
Pool Q Posted December 10, 2014 Share Posted December 10, 2014 Hibs have cheated their way to failure ?I shouldn't laugh but that is funny. More seriously it is genuinely encouraging to see a number of clubs at least make a start to sorting themselves financially. In truth the hard part is probably operating on a sound basis after the debts have been cleared/written off, but these developments are a good start. Without a product that more people want to pay to watch it will be difficult though. Competent leadership from the SPFL and SFA would help too. Quote Link to comment Share on other sites More sharing options...
Langtonian Posted December 10, 2014 Share Posted December 10, 2014 More seriously it is genuinely encouraging to see a number of clubs at least make a start to sorting themselves financially. In truth the hard part is probably operating on a sound basis after the debts have been cleared/written off, but these developments are a good start. . what on the back of tax payer funded banks wiping debt? pity they dont show the same sympathy to the ordinary working man Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted December 10, 2014 Share Posted December 10, 2014 what on the back of tax payer funded banks wiping debt? pity they dont show the same sympathy to the ordinary working man At least this way they don't need to make ordinary people redundant once, twice or even three times like the likes of Livingston/Dundee etc. Quote Link to comment Share on other sites More sharing options...
Larky Masher Posted December 10, 2014 Share Posted December 10, 2014 I shouldn't laugh but that is funny. More seriously it is genuinely encouraging to see a number of clubs at least make a start to sorting themselves financially. In truth the hard part is probably operating on a sound basis after the debts have been cleared/written off, but these developments are a good start. Without a product that more people want to pay to watch it will be difficult though. Competent leadership from the SPFL and SFA would help too. They are not sorting themselves out financially they need to be able to do the hard part you mention before you can say they're sorted. Quote Link to comment Share on other sites More sharing options...
Pool Q Posted December 10, 2014 Share Posted December 10, 2014 They are not sorting themselves out financially they need to be able to do the hard part you mention before you can say they're sorted. Which is why I said it. Quote Link to comment Share on other sites More sharing options...
Langtonian Posted December 10, 2014 Share Posted December 10, 2014 (edited) At least this way they don't need to make ordinary people redundant once, twice or even three times like the likes of Livingston/Dundee etc. ah,i see,wrack up a load of debt by irresponsible spending in the knowledge the bank or whoever will see you okay.pity the same doesnt apply to the ordinary man if they are servicing the debt theres no need for redundancies Edited December 10, 2014 by Langtonian Quote Link to comment Share on other sites More sharing options...
giblet Posted December 10, 2014 Share Posted December 10, 2014 it, after the financial doping that has taken place by past and present clubs, why shouldnt we get this done. Quote Link to comment Share on other sites More sharing options...
hannibal smith Posted December 10, 2014 Share Posted December 10, 2014 badger it, after the financial doping that has taken place by past and present clubs, why shouldn't we get this done. absolutely has it been agreed yet or is there still time for me to send some letters advising them what a bad deal this is for bank shareholders and UK taxpayers Quote Link to comment Share on other sites More sharing options...
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