Foley Interview

[Forza Fred]

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Are there any interviews where Foley clearly states what his plans are for Hibernian FC ? Where he states our club will just become a small part of a group of clubs around the world for example ?

Not in those words, but in the video he did for the Auckland FC launch he says a along the lines that one of the club’s aims is to develop the best young Enzed talent and if they can do that they will bring the players to Scotland, and if they go well there, then there is a chance they could ultimately end up playing in the EPL.

I think it’s clear that his primary focus was and will remain Bournemouth……Hibs are of secondary interest and a tool in his strategy.

Contrary to what has been stated by some I don’t think he’ll ever want to buy Hibs outright.

[Jones28]

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Not in those words, but in the video he did for the Auckland FC launch he says a along the lines that one of the club’s aims is to develop the best young Enzed talent and if they can do that they will bring the players to Scotland, and if they go well there, then there is a chance they could ultimately end up playing in the EPL.

I think it’s clear that his primary focus was and will remain Bournemouth……Hibs are of secondary interest and a tool in his strategy.

Contrary to what has been stated by some I don’t think he’ll ever want to buy Hibs outright.

On that last point, while I think you’re right I also think that if the Gordon’s wanted out he would take the opportunity.

[Glory Lurker]

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Did you think with £4-6m we'd be challenging for the league, top 4 minimum and regular European games and Cup finals will be the aim.

No, I've been sceptical about the whole thing from the off. I really hope I am wrong but personally I'm even less comfortable about what this will mean for us than I was. I find the whole thing a bit bewildering and without anything worth watching on the park to distract me, I'm concerned.

[jacomo]

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We are still owned and controlled by the Gordons. Like any business, if you can gain from economies of scale by being part of a bigger picture, you’ll start to clear your competition. I really, really don’t mind being a part of a large multinational network. We could get some really exciting and interesting players which would otherwise be unreachable. We are also getting significant investment to upgrade our infrastructure to make us a steady (upwards) ship with hopefully the world at our feet.

Mon Season 24/25+.

Majority owned by the Gordons, yes. I’m not entirely sure who’s in control now.

[Allant1981]

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Majority owned by the Gordons, yes. I’m not entirely sure who’s in control now.

Would be amazed if the BKs aren't running the show now, despite the "minority" shareholding

[overdrive]

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On that last point, while I think you’re right I also think that if the Gordon’s wanted out he would take the opportunity.

As it stands, he’s not allowed to buy out the Gordons. The rules would have to change

[CropleyWasGod]

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Would be amazed if the BKs aren't running the show now, despite the "minority" shareholding

I'm like a broken record on this

They have 2 on the executive Board of 5.

[J-C]

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Majority owned by the Gordons, yes. I’m not entirely sure who’s in control now.

The Gordon's know nothing about running a sports club, Kensall was the man to bring in outside investment/business, the BK group are a sports based company and this tie up will allow them and the Gordon's to grow Hibs into the team Ron wanted.

[jacomo]

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I'm like a broken record on this

They have 2 on the executive Board of 5.

I’m a broken record too

To quite directly from the recent Board statement:

“we will conduct a full review of the Club’s football structure in conjunction with Black Knight Football Club”

It is clear that it is not just our Board conducting this review. We can only guess as to who have the loudest voices during this process.

[TrinityHFC]

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I'm like a broken record on this

They have 2 on the executive Board of 5.

I’ve never heard us talk about having an executive board?

[CentreLine]

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I’ve never heard us talk about having an executive board?

Suppose we have executive and non executive directors. Two of the five executive directors are Foley plus one. No?

[TrinityHFC]

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Suppose we have executive and non executive directors. Two of the five executive directors are Foley plus one. No?

The split is a bit different now per the articles.

We have non execs, we have majority shareholder directors and investor directors. Then we have the executive director (CEO)

I don’t think that all the ones that aren’t non execs are necessarily exec directors which usually applies to those who also have a day to day role in the management team.

[CentreLine]

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The split is a bit different now per the articles.

We have non execs, we have majority shareholder directors and investor directors. Then we have the executive director (CEO)

I don’t think that all the ones that aren’t non execs are necessarily exec directors which usually applies to those who also have a day to day role in the management team.

Thank you. Glad I put the question mark
In 🙂

[CropleyWasGod]

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The split is a bit different now per the articles.

We have non execs, we have majority shareholder directors and investor directors. Then we have the executive director (CEO)

I don’t think that all the ones that aren’t non execs are necessarily exec directors which usually applies to those who also have a day to day role in the management team.

Where is that in the Articles?

[ShetlandHibby]

This would be good. Not only have we got top notch youngsters from the epl but now we can get top Belgian youngsters. Belgium have so many amazing young players coming thru. These young talents mixed with some older epl quality loan players from Bournemouth and we’ll be fighting it out at the top end of the league. Also wonder if our young players will get to go south or to Belgium for some experience?

[CentreLine]

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Where is that in the Articles?

Oooow. Even more glad I put a question mark in 😁

[Allant1981]

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I'm like a broken record on this

They have 2 on the executive Board of 5.

They could have no one on the board and they would still be running the show

[Lago]

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They could have no one on the board and they would still be running the show

Good

[Eyrie]

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They could have no one on the board and they would still be running the show

Money talks and the more money you have, the easier it is to be heard.

[Bridge hibs]

Recent Bournemouth fans forum Q&A with regards Foleys investments and future plans, no hibs content but some interesting stuff

https://www.afcb.co.uk/news/club-new...es-april-2024/

[Bishop Hibee]

What happens when Foley dies? Is there an heir apparent?

[matty_f]

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What happens when Foley dies? Is there an heir apparent?

It's Black Knight FC that have bought into us, rather than Foley. Things will continue, they'll just replace him on the board.

[Bishop Hibee]

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It's Black Knight FC that have bought into us, rather than Foley. Things will continue, they'll just replace him on the board.

Thanks for that. I’d still prefer if us fans had managed to get 25% of the shares to stop any unwanted takeovers. If there’s no improvement on the field in the first half of next season the natives will get even more restless.

[HerbDailly]

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It's Black Knight FC that have bought into us, rather than Foley. Things will continue, they'll just replace him on the board.

Black Knight are majority owned by Cannae Holdings, which appears to be Foley's vehicle.

https://investor.cannaeholdings.com/...d-of-directors

"William P. Foley, II is Chairman, Chief Executive Officer and Chief Investment Officer of Cannae Holdings, Inc."

[Eyrie]

If Foley's company is called Cannae, then he will want a manager who likes to overload the wings.

[matty_f]

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Black Knight are majority owned by Cannae Holdings, which appears to be Foley's vehicle.

https://investor.cannaeholdings.com/...d-of-directors

"William P. Foley, II is Chairman, Chief Executive Officer and Chief Investment Officer of Cannae Holdings, Inc."

It is but that doesn't really change anything, they're involved in loads of things that won't just stop overnight if and when Foley dies. https://www.cannaeholdings.com/stati...7-4ee65d049b10

[The Modfather]

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If Foley's company is called Cannae, then he will want a manager who likes to overload the wings.

Underrated post. Maolida and Boyle to double envelope opposition defences.

[TrinityHFC]

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Where is that in the Articles?

Section 7 covering appointment of Directors.

In our website now we really should split out the tiles to add majority shareholder directors and minority investor directors.

[Greenworld]

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Majority owned by the Gordons, yes. I’m not entirely sure who’s in control now.

I think the answer is in the multi ownership. You would imagine the goal is to get the teams playing in a similar style so players can move between teams and just slot in so to speak . Which must mean black k have a very strong hand

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[jacomo]

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I think the answer is in the multi ownership. You would imagine the goal is to get the teams playing in a similar style so players can move between teams and just slot in so to speak . Which must mean black k have a very strong hand

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I have wondered about this.

Again, this isn’t how the deal was presented when it was announced… that we would become a feeder club for their project.