It’s a bit of a mess out there right now. Massive mess actually, and embarrassing that we’re involved like we are. The tweet being shared that’s from the owner/founder of HEX isn’t actually disrespectful. His reference to Saudi Arabia is to say ‘look how bad it is there’ as he’s replying to someone suggesting businesses should make decisions as a democracy (employee vote). He has other random tweets as well though. Then you’ve got someone’s tweets which are absolutely abhorrent. But they’re nothing officially to do with HEX, but they are claiming they helped make the sponsorship deal happen. They’re being referenced as an owner, and HEX as a brand, by our supporters when neither are really the case. Same person also being disowned by other ‘Hexicans’. But this is the confusion and lack of clarity. Means we don’t know who the sponsor really is, who’s behind it, who’s attached to it, and who any of these people online actually are. Our social reach will be through the roof right now but not for any positive reasons. Which is sad after yesterday.
It's especially embarrassing given that this was obviously a rushed last minute deal after the charity shirts at Plymouth. Nothing wrong with getting stuff just over the line in principle, but when it starts looking as dodgy as this you have to wonder how much work was actually done, and how desperate we were. So far I've been trying to give our chief executive the benefit of the doubt, but it really is starting to look like incompetence at the top.
Just forgetting the actual company for a moment. It’s the logo way too big? Isn’t there rules on how big it can be. It takes up nearly all the front of the shirt. Worse than that fake paddy power ad on hudders shirts
South Sea Bubble and tulip bulbs being worth more than mansions. That's all that Hex and crypto is. Do we know who is responsible for brokering this deal on our side? This should never have happened.
My question is, who is actually behind the sponsorship? The hex.com website is attributed to "Digital Ventures Association LTD" who as far as I can see, don't actually exist, except as an inactive company in Belize. (https://opencorporates.com/companies/bz/RA000693_174799) Richard Heart is clearly associated with the overall scam, but he wasn't mentioned in any of the posts about how this came about. The 'bots' that are replying to all the club's twitter posts, while yes, some will be bots, from what I can see most are actual real people, trying to spread the word for this crypto. The more reach it has, the more people buy it, the higher the price goes. so if they bought in, it's in their interests to try and get more people to buy. Pyramid-tastic. I'm wondering if this sponsorship wasn't actually done by the knobheads that created the scam, but by people that bought in. taking a chance to spend money to improve their investment. Imagine if you hold $100k worth of this crypto. You might think it's worth spending another 100k to (I have no idea how much BFC sponsorships are, these are just fake numbers obviously) increase the reach of this crypto that you bought into, it could feasibly triple in price, making the sponsorship worth it, even for someone that doesn't actually own the 'company' hex. The best grifters convince people to spend their own money to make you money. From an ethical standpoint, I'm against pretty much all crypto at this point. Not even mentioning the environmental concerns, the only way anybody can make money on crypto is by causing somebody else to lose money. For everybody that makes millions on crypto, there's the exact same amount of money lost. It's unethical as a concept, to me.
For what it's worth I agree with you on this. I have a hell of a lot of misgivings about Hex, but they're not tinpot. It's a global crypto currency. I also don't think poundland is tinpot though. They're a multi million quid and huge company. For me local firms like The Investment Room, CK Beckett etc. are far more tinpot. Would prefer them to hex though, for non-tinpot related reasons.
You don't think the responses to fans are tinpot? They can't even spell! And a huge company how, Id never heard of them and I don't think many other supporters have either.
One part of the dictionary definition of tinpot is not deserving of respect so from what I've seen from them I'm comfortable with attributing tinpot to them fwiw. I'm finding it all quite sinister too tbh and increasingly shameful. Unless something's changed recently the maximum size is 250 square centimetres - ie something like a 15.8cm sided square (other shapes are available) which to my admittedly aging eyes is much smaller than the logo on the shirts on Saturday.
The responses to fans are not tinpot, no. They’re a lot of other things, but tinpot is definitely the wrong word to use. And I was saying Poundland are a huge company, not hex. I said hex was global.
Barnsley Football Club now sponsored by an abhorrent Ponzi scheme preying on desperate people hoping to get rich. Our CEO really has a great track record of decision making.
If we don't cancel the Hex contract, we should cancel Khaled's. Personally I'd cancel both contracts.
I'd be interested to know how we do this from a legal standpoint. Nothing has changed since we announced the deal, I can't imagine there's a clause in the contract saying that at any point we can cancel if we just decide we don't want it any more.
Even allowing for usual office hours, I would've expected something from the club and Hex, distancing themselves from those tweets by now. As for the tinpot / Poundland analogy. If we'd been sponsored by a pound shop, there would've been some sarcastic comments, maybe some snobbery come through, but mainly light hearted jokes. This sponsorship deal is bringing the club into disrepute.
Most contracts have termination clauses for both parties. It really depends on what those terms state.
I still don't understand who's sponsored us. If it isn't the company who is it? A few of their rich customers? In that case can I sponsor us on behalf of Tesco? I doubt that would be legal so how is this?
They already aren't our biggest fans. I haven't yet seen much positive from these Hex accounts towards us at all. Because we are understandably not happy with them, there have been numerous comments aimed towards fans saying things like we have low IQs as we don't understand, It isn't a good club anyway, why are we sponsoring a team so low, they are all depressed as they don't see sunlight, They don't understand Hex and if they did they wouldn't be poor like they are. Those are just a few of the examples, I could go on. The overwhelming majority of the interactions online from these Hex accounts has been really poor. I have had a few reply to me who seemed genuine and understood the anger from fans around the logo size and the non stop spam from Hex investors and they have tried to reason with others but it doesn't seem to be working. Yet again I had 20+ notifications this morning to the reply I sent on Saturday night about the logo size again calling me stupid and so on. As well as slagging off the club as a whole. If this is the level they are at before they turn on us then I dread to think how bad it could get. The sooner we cut ties the better
what an embarrassing mess this is. only a matter of time now before the press get hold of it. i was prepared to give Khaled benefit of the doubt, but for me this is a shining example of how inept he is. I would be looking for a replacement asap.
Khaled's entire time here has been a complete shitshow. Poor decision after poor decision. I wouldn't let him run a bath for me, nevermind a multi million pound business
