Hearts' New Stand Thread (Merged)

[WeAreHibs]

This quote is hidden because you are ignoring this member. Show Quote

Surely a statue of Queen of Hearts in her Jesus pose would finish off the Plaza nicely?

Thought she'd already commissioned it.

[Winston Ingram]

This quote is hidden because you are ignoring this member. Show Quote

If I remember correctly, Petrie said on average a new stand is £1000-£1300 per seat as a general indication depending on finishes. This kind of price ties in with the estimated costs of our stands. The east was built for £500 a seat I’m sure.

The yams are currently around £2600 per seat and rising for a future carbuncle winner

Of which 300 con only see 3/4 of the pitch

[LeithSqualk]

Don’t want to post another tread on the poppy thieves but can someone tell me how they have managed to post a 1.8million profit whilst building the tiny new cute stand? It’s been a while since I did higher Accounts but I’m perplexed.

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

Don’t think anyone disputes that Petrie negotiated an excellent deal on the East Stand build, also difficult to argue the football side fell off a cliff around the same time too under his watch.

Indeed it did. Hearts seem to have avoided that fate so far. But I can’t help but think that the money will run out at some point and it will go pear shaped for them.

[superfurryhibby]

This quote is hidden because you are ignoring this member. Show Quote

Don’t want to post another tread on the poppy thieves but can someone tell me how they have managed to post a 1.8million profit whilst building the tiny new cute stand? It’s been a while since I did higher Accounts but I’m perplexed.

We await their annual accounts with eagerness. The dissection by our wonderful in house financial analysts should be very interesting.

So, 18 million and no end in sight. The seats are well padded though.

[hibbyfraelibby]

This quote is hidden because you are ignoring this member. Show Quote

The person responsible for East Stand (West Stand and East Mains) is no longer at the club.

Combined cost of all three was less than Hearts have paid so far for their incomplete Main Stand.

Garry O'Hagan did us proud.

[hibbyfraelibby]

This quote is hidden because you are ignoring this member. Show Quote

Don’t want to post another tread on the poppy thieves but can someone tell me how they have managed to post a 1.8million profit whilst building the tiny new cute stand? It’s been a while since I did higher Accounts but I’m perplexed.

I reckon its the £2m cash donation from benefactors toward the carbuncle plus a £1m donation from FOH being used to hide an actual "clean" £1.2m real operating loss.

I know CWG will explain things differently but I'm just a simple sucker...

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

I reckon its the £2m cash donation from benefactors toward the carbuncle plus a £1m donation from FOH being used to hide an actual "clean" £1.2m real operating loss.

I know CWG will explain things differently but I'm just a simple sucker...

See my comments on the main thread.

Your sucking is no bad.

[O'Rourke3]

This quote is hidden because you are ignoring this member. Show Quote

See my comments on the main thread.

Your sucking is no bad.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

Damn. That was meant to be in a private message.

Sent from my SM-A520F using Tapatalk

[O'Rourke3]

This quote is hidden because you are ignoring this member. Show Quote

Damn. That was meant to be in a private message.

Sent from my SM-A520F using Tapatalk

Sent from my F8331 using Tapatalk

[hibbyfraelibby]

This quote is hidden because you are ignoring this member. Show Quote

See my comments on the main thread.

Your sucking is no bad.

Ma granny taught me...well about eggs any way😏😏😏

[FilipinoHibs]

This quote is hidden because you are ignoring this member. Show Quote

Don’t want to post another tread on the poppy thieves but can someone tell me how they have managed to post a 1.8million profit whilst building the tiny new cute stand? It’s been a while since I did higher Accounts but I’m perplexed.

3 mill in donations is a 1.2 trading loss. See CWG.

[CropleyWasGod]

This quote is hidden because you are ignoring this member. Show Quote

3 mill in donations is a 1.2 trading loss. See CWG.

To be fair, though, 1m of the donations was ring-fenced for players. The assumption is that, without that, the money wouldn't (couldn't?) have been spent. It's therefore more like a 200k loss.

Sent from my SM-A520F using Tapatalk

[Jack Hackett]

This quote is hidden because you are ignoring this member. Show Quote

To be fair, though, 1m of the donations was ring-fenced for players. The assumption is that, without that, the money wouldn't (couldn't?) have been spent. It's therefore more like a 200k loss.

Sent from my SM-A520F using Tapatalk

Quite right bud... it's not like they have a history of doing that sort of thing when they're skint

[FilipinoHibs]

This quote is hidden because you are ignoring this member. Show Quote

Quite right bud... it's not like they have a history of doing that sort of thing when they're skint

Spending money they dont really have on players they cant afford. Yes not like them. They can't depend on those donations year in year out. The round figures of these donations and the fact they never appeared when Hearts needed saving - just add up all the donations including the shirt sponsorship scam. It all points to one person Queen Anne. A desperate attempt to make Hearts financially successful on their own genuine income. They only way she will get her money back.

[Gloucester Hibs]

Anyone remember a year or so ago, the photo of the stairs leading to nowhere? Was it ever established if that was completed?! In my mind it’s still like that; Gorgie’s own platform 9 3/4

[Seveno]

I heard on the radio that there were temporary traffic lights on Gorgie Road at the junction with McLeod Street. I wondered if it might be anything to do with the tenement with the bulging wall?

[Keith_M]

I think their new stand looks quite smart, actually.

From a distance obviously.

[Bostonhibby]

This quote is hidden because you are ignoring this member. Show Quote

I think their new stand looks quite smart, actually.

From a distance obviously.

Looks characterful, historic and atmospheric just like the old one.

Sounds like they've managed to capture some of it's worst features as well as introducing innovations like restricted views and higher prices. And can any other club match the Al Fresco executive press lounge?



Sent from my SM-J320FN using Tapatalk

[greenginger]

This quote is hidden because you are ignoring this member. Show Quote

I heard on the radio that there were temporary traffic lights on Gorgie Road at the junction with McLeod Street. I wondered if it might be anything to do with the tenement with the bulging wall?

Are you sure they said McLeod Street. I passed along Gorgie rd at 12.00 and there were no lights at McLeod st, but temp lights at the junction with Westfield rd causing hold ups.

The wall is still bulging , and the cracks still widening.

[Seveno]

This quote is hidden because you are ignoring this member. Show Quote

Are you sure they said McLeod Street. I passed along Gorgie rd at 12.00 and there were no lights at McLeod st, but temp lights at the junction with Westfield rd causing hold ups.

The wall is still bulging , and the cracks still widening.

That’s what BBC Radio Scotland said. They said it was causing congestion but clearly got the exact location wrong.

Does the damage look dangerous?

[Sioux]

The budgie announced today that so far the running costs are £20.7 million!!!!!!!!!

Club resources - £6.7m

Benefactors - £6.75m

FOH - £3m

Supporter initiatives - £2m

Loan facility - £1.75m

Lease funding - £0.5m

Further spending on the stand includes £0.8m on the changing rooms (Jun 19), £0.6m on the 3rd floor lounge (Jun 19), £1.6m on the 2nd floor (19/20 season) and ongoing refurbishment of £0.5m.

So, by next year, or thereabouts, total cost £24.2 million. Bargain.

WTF are supporters initiatives? Must be some amount of bake sales and face painting.

[blackpoolhibs]

£24.2m for one stand.

[Billy Whizz]

This quote is hidden because you are ignoring this member. Show Quote

£24.2m for one stand.

It’s not just any stand though.

[GreenCastle]

This quote is hidden because you are ignoring this member. Show Quote

The budgie announced today that so far the running costs are £20.7 million!!!!!!!!!

Club resources - £6.7m

Benefactors - £6.75m

FOH - £3m

Supporter initiatives - £2m

Loan facility - £1.75m

Lease funding - £0.5m

Further spending on the stand includes £0.8m on the changing rooms (Jun 19), £0.6m on the 3rd floor lounge (Jun 19), £1.6m on the 2nd floor (19/20 season) and ongoing refurbishment of £0.5m.

So, by next year, or thereabouts, total cost £24.2 million. Bargain.

WTF are supporters initiatives? Must be some amount of bake sales and face painting.

If you search google - last year Budge says it would be £15 million.

It’s hilarious how much it’s cost and how long it’s taken to finish..and it’s still not complete - March or June...if they are lucky..

[RyeSloan]

This quote is hidden because you are ignoring this member. Show Quote

If you search google - last year Budge says it would be £15 million.

It’s hilarious how much it’s cost and how long it’s taken to finish..and it’s still not complete - March or June...if they are lucky..

Not really a problem when you get some one else to pay for it though is it?

[Alan62]

Luckily for them, the rest of the stadium is in tip top condition and won’t need upgrading in the near future.


Sent from my iPhone using Tapatalk

[The 90+2]

How on Earth (politely) do they just go on and on spending other people’s money all of the time? Benefactors? They ***** £7m in a year but don’t wont to buy the club when it’s puckering up its bj lips, again?

[Juniper Greens]

That's serious cash! Imagine if they had done this properly and saved c£15m, the squad of world cup stars they could have assembled!