garydavidson Posted May 20, 2013 Report Share Posted May 20, 2013 Massone is wanting to buy them - http://www.bbc.co.uk/sport/0/football/22593734 hahaha Quote Link to comment Share on other sites More sharing options...
Paul N Shark Posted May 25, 2013 Report Share Posted May 25, 2013 **** Hearts Quote Link to comment Share on other sites More sharing options...
ex-montrosesaintee Posted June 11, 2013 Report Share Posted June 11, 2013 Looking a little ominous today. Probably a daft question, but how can the fans arrange a buyout if Romanov has gone AWOL? Quote Link to comment Share on other sites More sharing options...
Ronaldo Posted June 11, 2013 Report Share Posted June 11, 2013 I was just thinking that in Hearts, Dundee, Dunfermline and yes even Rangers situation you can't blame the fans at all.So it's always important who you have on the board. Of these clubs Rangers should never got themselves into the biggest mess ever in Scottish football because they had a good revenue stream.Romanov let everybody down not just Hearts fans since a lot of us wanted a third force from somewhere. Quote Link to comment Share on other sites More sharing options...
ex-montrosesaintee Posted June 13, 2013 Report Share Posted June 13, 2013 Bit of a rant, but here goes... I see Hearts have today put all their players up for sale in a bid to raise funds to meet outstanding tax bills and pay wages. That is fair enough, but they seem to blame the supporters for being tardy in purchasing season tickets. I find this a pretty shocking statement. A shares issue raised £1.1m six months ago, and around 7000 fans have shelled out for season tickets already (estimating here, but around £2.5m?). Where will that investment from the supporters go? Do any of them have the faintest idea what is going to happen to the club, considering it seems to be in the hands of a foreign banking group's administrators as an asset? Now I know Saints fans are fewer in number than Hearts, but at least we buy season tickets in the knowledge that we might get to watch some football! The big businessmen and companies that run clubs like Rangers, Hearts etc. etc. don't have money, they have numbers on computers, sometimes positive, sometimes negative, floating around in cyberspace. No decisions they make affect how much they can spend on grocery shopping that week, or what their kids get for Christmas, because their own salaries are set. Asking the fans to part with £300-£400 in this current economy, and insinuating that not doing so is the reason for the club's position is despicable in my opinion. Interested to know what other people think 'supporting your club' really means, because to me it isn't taking food off my kids plates to fund the complete unknown. Am I miles of the mark here? mike_gain and uphallsaint 2 Quote Link to comment Share on other sites More sharing options...
MrBored Posted June 13, 2013 Report Share Posted June 13, 2013 I reckon the Hearts fans have gone above and beyond in supporting the club. After all they put their hard earned cash into the share issue...which may well turn out to be money down the drain if the club goes into admin etc. Even if it doesn't and there is some sort of buy-out I don't expect the fans to see much of their cash back (if any).If I were a Hearts fan who had already supported the share issue, I'd be waiting until there was clarity as to what was happening with the club before putting season ticket money in.Add to that that the club are basically saying pay us x hundred pound to watch a side that in theory at least could be a skeleton squad if their decent players actually attract some offers.Wonder if Danny Wilson is regretting his move yet....in fact I wonder if we can buy him for a nominal sum!! Quote Link to comment Share on other sites More sharing options...
garydavidson Posted June 13, 2013 Report Share Posted June 13, 2013 "Our financial deficit can, in part, be attributed to our worst league finish in over 30 years last season. This had a significant direct impact on the business. Other factors that hit revenues include the absence of Rangers Football Club from the SPL and significantly increased stadium costs particularly in relation to the Main Stand." http://www.heartsfc.co.uk/articles/20130613/board-statement-financial-and-player-update_2241384_3208756 Quote Link to comment Share on other sites More sharing options...
mad saints fan Posted June 13, 2013 Report Share Posted June 13, 2013 Looks like the Danny Wilson signing was a good bit of business. He must be on quite a hefty wage right? he was on £20k a week at Liverpool, can't imagine they'd be able to continue paying him for a whole season, especially when they're having to sell players to pay wages. Maybe brought in on a free with the view of selling for a profit to help them survive. Quote Link to comment Share on other sites More sharing options...
Jimmy Wallace Posted June 13, 2013 Author Report Share Posted June 13, 2013 Looks like the Danny Wilson signing was a good bit of business. He must be on quite a hefty wage right? he was on £20k a week at Liverpool, can't imagine they'd be able to continue paying him for a whole season, especially when they're having to sell players to pay wages. Maybe brought in on a free with the view of selling for a profit to help them survive. I wouldn't be surprised if this move is ruled illegal in some way, as Hearts must have known they couldn't fulfil what's in his contract. Any other club taking him on would almost certainly argue this. Quote Link to comment Share on other sites More sharing options...
nips Posted June 13, 2013 Report Share Posted June 13, 2013 The Danny Wilson thing is what really pissed me off about these situations. Hearts have known for a long time they're in the s**t with no sign of getting out of it, yet they come out and say they'll have one of the highest player budgets in the SPL which allows them to sign players like Danny Wilson. Meanwhile, other clubs are living within their means and losing out on better players because other clubs are paying wages they can't afford. I know it's nothing new but it still pisses me off! fergiefootball, rik2304 and AthensSaint 3 Quote Link to comment Share on other sites More sharing options...
mainstand Posted June 13, 2013 Report Share Posted June 13, 2013 announced that they need £500k to see them through to the start of next season. Fans pockets are not bottomless pits. How many times are the fans going to bail them out Quote Link to comment Share on other sites More sharing options...
fergiefootball Posted June 13, 2013 Report Share Posted June 13, 2013 Truly is unbelievable. Quote Link to comment Share on other sites More sharing options...
rik2304 Posted June 13, 2013 Report Share Posted June 13, 2013 What a disgrace of a club. fergiefootball 1 Quote Link to comment Share on other sites More sharing options...
babychunder Posted June 14, 2013 Report Share Posted June 14, 2013 Well they're circling round the plughole now and I can't imagine where they'll get that 500k from unless a buyer pops up. Quote Link to comment Share on other sites More sharing options...
ex-montrosesaintee Posted June 14, 2013 Report Share Posted June 14, 2013 glug glug glug Quote Link to comment Share on other sites More sharing options...
babychunder Posted June 14, 2013 Report Share Posted June 14, 2013 I think they might try for a CVA. It allows them to stay in the SPL next season, less 15 pts. Quote Link to comment Share on other sites More sharing options...
ex-montrosesaintee Posted June 14, 2013 Report Share Posted June 14, 2013 I think they might try for a CVA. It allows them to stay in the SPL next season, less 15 pts. This is where I don't understand how it works. They owe HMRC bits and bobs, but if they go into administration and seek a CVA, their primary creditors will be the bank and the other dudes in Lithuania, who they owe 15m and 10m to, Surely there would be an absolute requirement to sell the assets to repay the maximum amount. In the Rangers case it was the club in administration, but in this case the assets must be owned by the Lithuanians, and as a football stadium it's worth x, but as a bit of real estate land it is worth many times more. Ibrox was listed and Murray Park constrained from redevelopment, and both were in a shite hole. Tynecastle is a housing developer's dream. In my view Hearts have to stay afloat as a company or the whole lot will be liquidated and they will have no place to start again from. It's a pretty dreadful state of affairs. I do feel extremely sorry for the fans who have parted with cash to try to keep them going, but the complete separation of the money and ownership from the football on the park seems to me to make the future of Tynecastle and other assets completely a business decision, and nothing to do with football. Quote Link to comment Share on other sites More sharing options...
Jimmy Wallace Posted June 14, 2013 Author Report Share Posted June 14, 2013 Finding £100k to pay HMRC was proving difficult, but finding £500k, just to get them to the start of the season? I just don't see how it will be possible. Quote Link to comment Share on other sites More sharing options...
babychunder Posted June 14, 2013 Report Share Posted June 14, 2013 I lived in Gorgie 30 years ago. It was a shitehole then, and it's even worse now Tynecastle is a housing developer's dream. ex-montrosesaintee 1 Quote Link to comment Share on other sites More sharing options...
babychunder Posted June 14, 2013 Report Share Posted June 14, 2013 I agree Jimmy. BBC reckons the wages'll no get paid on Friday. Quote Link to comment Share on other sites More sharing options...
AthensSaint Posted June 14, 2013 Report Share Posted June 14, 2013 I am with the comments on Danny Wilson. Now I don't grudge the young lad a chance to kick start his career but how the hell are Hearts able to afford this bright young prospect when tehy are so in debt. It is just not fair !! Quote Link to comment Share on other sites More sharing options...
babychunder Posted June 14, 2013 Report Share Posted June 14, 2013 Danny boy's still a Liverpool player until July, according to the papers the day. Quote Link to comment Share on other sites More sharing options...
HOODLUM65 Posted June 14, 2013 Report Share Posted June 14, 2013 I am with the comments on Danny Wilson. Now I don't grudge the young lad a chance to kick start his career but how the hell are Hearts able to afford this bright young prospect when tehy are so in debt. It is just not fair !!==================What the hell is the laddie's agent thinking about, advising him that this move will further his career? Quote Link to comment Share on other sites More sharing options...
Cagey Posted June 14, 2013 Report Share Posted June 14, 2013 ==================What the hell is the laddie's agent thinking about, advising him that this move will further his career? ,............ Probably getting good cut and another one from his next club. Quote Link to comment Share on other sites More sharing options...
babychunder Posted June 14, 2013 Report Share Posted June 14, 2013 Wouldn't be surprised to find that some unscrupulous agents take money from the player's current club as an inducement to persuade their (no longer required) player to move, instead of brassing them off by putting them on the transfer list. Quote Link to comment Share on other sites More sharing options...
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