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Post by waynesbrain on Jan 21, 2015 11:29:10 GMT
Right there is the difference. Attachments:
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Post by MTS on Jan 21, 2015 11:58:47 GMT
The Latest letter from HOH copied from Twitter
THIS IS NOT COMMUNITY OWNERSHIP. IT'S A SHAKE DOWN.
Hands On Hibs have today written to Hibernian owner Tom Farmer confirming our decision to reject the Farmer/Petrie proposals published last week. HOH made this decision after considering independent financial advice and consulting our activists and supporters. ...
NO TRANSPARENCY
Last Friday, as part of our consultation process, Hands On Hibs met with the board of Hibernian Supporters Limited. HSL is a body created by the football club Board to promote the Farmer/Petrie proposals. During the course of this meeting it was confirmed that no details of the £5million debt to the holding company (Farmer/Petrie) would be made available to the supporters. HOH reiterate our position that without total transparency no fans should donate to this scheme.
NOT AN INVESTMENT, JUST ANOTHER DONATION.
The board of HSL agreed with Hands On Hibs that the Farmer/Petrie proposals do not represent a sound investment. In reality fans are being asked to donate money toward the club's running costs. While the club claims none of the money donated by fans will go to existing shareholders the club's Chief Executive confirmed to HOH at Friday's meeting that some of this money will be used to repay the debt to the holding company (Farmer/Petrie).
The argument that Hibs fans should donate money to this scheme just because we are Hibs fans is spurious. Manipulating the emotional ties supporters have with Hibernian Football Club is wrong. When at least some of that money is being used to pay a debt (the details of which are secret) to a multi millionaire it is immoral.
HIBS DESERVE BETTER
Presenting the Farmer/Petrie proposals as a take it or leave it proposition is a serious error on the part of the owner and the board. Hands On Hibs remain convinced the only way to achieve unity between the supporters and the club is for Tom Farmer to personally intervene in this change process. Without his engagement in this process it will fail.
The Farmer/Petrie proposals do not represent community ownership or a realistic beginning in that journey. Hibernian Football Club is at a critical juncture. We reject the arguments of HSL that this might not be a good deal but it is the only deal available. Hands On Hibs will not accept a bad deal for Hibs supporters and this is a bad deal.
Hands On Hibs commend the Hibernian supporters already taking action against these proposals (see image below). HOH remain committed to working with other Hibs supporters to achieve the very best deal possible for Hibernian Football Club in the long term, the supporters and broader community.
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Post by waynesbrain on Jan 21, 2015 12:26:27 GMT
Check the date.
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Post by MTS on Jan 21, 2015 12:40:05 GMT
I saw that Wayne, Big Cup Winners - Relegated. A last warning from HOH 1998
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Post by waynesbrain on Jan 21, 2015 12:50:42 GMT
Gets me every time. What a day.
As an aside, and the point of posting, which MTS got. 28 years down the road and Hibs really are no further forward, indeed, if anything, they've gone backwards.
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