Hibs Announce Way For Fans To Own Club

[ed_Scottishfitba1]

Birthday presents available for Hibs fans from February. - view external link

[AguyIknow]

"Annual contributions will be set at a minimum of £225 per annum or £18.75 per month and fundraising will continue until Hibernian Supporters Limited has acquired all the shares that it can buy from Hibernian Football Club Ltd."



Delighted that there'll be some fan ownership of the club BUT why wouldn't fans invest directly in Hibs FC shares rather than invest in the Supporters Club which would in turn invest in Hibs FC Shares?

Seems to me that for a MINIMUM of 225Quid each year I'd like to be seeing actual shares in Hibs rather than shares in a holding company.

Or is it that Hibs shares won't go on public sale and only go on sale to Hibs Supporters Limited? And suppose you've subscribed nearly 1 grand over 4 years, and your financial circumstances change, what happens?

Maybe I'm being overly pessimistic on this

[Ed_ScottishFitba]

The sale is not a public one and shares will only be made available to the holding company.

[Ed_ScottishFitba]

Like all investments in football clubs by fans, it is rarely made in the belief they will make any return on the investment. It is another way of supporting the club of choice. Who can predict what will happen tomorrow let alone four years time? Recent examples have shown that apparently safe companies to invest in can go tits up in the blink of an eye with all money invested lost. No such thing as a sure bet.

[AguyIknow]

I think the desire for fans to own their club, or at least some part of it, is almost universal.

I could be wrong but I think other clubs offer their fans the chance to have shares in their club, rather than having shares in a holding company that has shares in their club.

I know of more than one case where a guy has bought a single share, or just a few shares, so that he can say he owns part of the club and have the share certificate on the wall. This would not be available to Hibees under this holding company scheme, which I think is a pity.

I recognise that the holding company thing is a big step in the right direction Im just a little disapointed they didnt go the whole way.

Still, it's a lot better than with many clubs