Share Transfers Agreed/Cooling off period

[7062]

What more were you expecting? Some were worried they'd get off with a fine or actually have the embargo lifted!

At least a £50k fine, same as rangers got for going into admin.

Rangers also got fined for bringing the game into disrepute which I reckon hearts have also done.

[Spike Mandela]

No the embargo covers the January transfer window the earliest they will be able to sign anyone is next summer.

Won't they just sign out of contract players from Feb 1st? Another non punishment from SFA.

[robinp]

Peter A Smith ‏@PeterAdamSmith 3m
No financial penalty for Hearts, but registration embargo is extended to January 31, 2014. More on http://stv.tv/news

[SlickShoes]

Won't they just sign out of contract players from Feb 1st?

They can, however the standard of out of contract players available on 1st of Feb is pretty low. It would be nice if it was extended to the summer but I am OK with the embargo at least covering that window. Most contracts run summer to summer at least so that should limit the players they can choose from.

[Dunderhall]

STV news

(http://sport.stv.tv/football/clubs/hearts/234744-hearts-hit-with-extended-signing-ban-by-sfa-for-entering-administration/)
Heart of Midlothian have been barred for registering new players until February 2014 by the Scottish FA
The decision was reached at Hampden on Thursday is punishment for the club entering administration.
The embargo will bar the club from registered players over the age of 21 until the end of the January transfer window.


I wasn't expecting much more to be fair.

[robinp]

http://sport.stv.tv/football/clubs/hearts/234744-hearts-hit-with-extended-signing-ban-by-sfa-for-entering-administration/

This little ditty from the STV story may be relevant, there is also a registration embargo from the SPL or whatever it's called now, for going into admin, which lasts while they are subject to admin proceedings:

The automatic sanctions imposed by the SPL, now rebranded at the SPFL, were a 15 point penalty for the season ahead, plus a registration embargo for the duration of the administration.

[Ozyhibby]

They can, however the standard of out of contract players available on 1st of Feb is pretty low. It would be nice if it was extended to the summer but I am OK with the embargo at least covering that window. Most contracts run summer to summer at least so that should limit the players they can choose from.

They'll be gone by then so no need to worry about the finer details.

[Gus Fring]

At least a £50k fine, same as rangers got for going into admin.

Rangers also got fined for bringing the game into disrepute which I reckon hearts have also done.

Fining a club that's in Administration is pointless, if they get sold it's a fairly paltry sum to cover and if they get liquidated it'll just go unpaid. I'm pleased with this news personally. Hearts now have to get to the end of the season on what they claim is a squad of only 20 players and start with -15 point deduction.

[Treadstone]

Won't they just sign out of contract players from Feb 1st? Another non punishment from SFA.

Not many players have contracts that end mid season. Easier to do it the Sevco way than getting out of contract players halfway through a season.

[Dashing Bob S]

It's all a little bit like taking away a terminally ill patient's jazz mag. Isn't going to effect the outcome in any way, but every little bit of misery heaped on, is, one supposes, to be welcomed.






And obviously in this case, as the material in question is probably representations of minors, it's morally all to the good.

[CropleyWasGod]

Fining a club that's in Administration is pointless, if they get sold it's a fairly paltry sum to cover and if they get liquidated it'll just go unpaid. I'm pleased with this news personally. Hearts now have to get to the end of the season on what they claim is a squad of only 20 players and start with -15 point deduction.

Agreed. Would've preferred a transfer ban until the end of the season, but it makes sense.

[Spike Mandela]

They can, however the standard of out of contract players available on 1st of Feb is pretty low. It would be nice if it was extended to the summer but I am OK with the embargo at least covering that window. Most contracts run summer to summer at least so that should limit the players they can choose from.

Do you think they won't talk to players until Feb 1st? They will identify them the same as other clubs but just won't be able to register them till Feb 1st.

It would be laughable if it wasn't so blatant but the SFA really do excel at issuing 'punishments that aren't punishments.' The SFA has absolutely no gravitas or authority in this country, they are useless.

[7062]

Fining a club that's in Administration is pointless, if they get sold it's a fairly paltry sum to cover and if they get liquidated it'll just go unpaid. I'm pleased with this news personally. Hearts now have to get to the end of the season on what they claim is a squad of only 20 players and start with -15 point deduction.

I think maybe I was hoping for news that might have gone some way to finishing them off. This way they limp on.

Good things come to those who wait.

[Gus Fring]

It's all a little bit like taking away a terminally ill patient's jazz mag. Isn't going to effect the outcome in any way, but every little bit of misery heaped on, is, one supposes, to be welcomed. And obviously in this case, as the material in question is probably representations of minors, it's morally all to the good.

To someone buying the club, it's now worth a lot less knowing you are starting on -15 points and with a transfer embargo. That will likely affect how much Massone is prepared to bid :wink: relegation is an absolute stick in now

[God Petrie]

That's all that was ever going to happen. Ensures they completely stop their financial doping until they eventually die.

[CallumLaidlaw]

Not many players have contracts that end mid season. Easier to do it the Sevco way than getting out of contract players halfway through a season.

They might pick up a couple of our rejects as we have a habit of releasing players in the last couple of hours of the window.

[Ozyhibby]

Means the football authorities hands are clean and when the eventually go pop they will take no blame.

[Treadstone]

If you are a non yam this is realistically the best outcome. People who thought that the SFA would send them to the chair live in a fantasy world.
Their current squad is the one they will now have to do with for the whole season. A small fine would have given them a sporting chance had they been able to recruit in January with a chance of avoiding relegation.
All of the above is based on them avoiding liquidation.

[CallumLaidlaw]

Do you think they won't talk to players until Feb 1st? They will identify them the same as other clubs but just won't be able to register them till Feb 1st.

It would be laughable if it wasn't so blatant but the SFA really do excel at issuing 'punishments that aren't punishments.' The SFA has absolutely no gravitas or authority in this country, they are useless.

They won't be able to transfer a registration from another club on the 1st Feb tho. Will only be out of
Contract players they can sign up

[GreenCastle]

Signing ban or not - they have no money..

Looks like if they are still around by January they will have to make do with the kids they have right now plus the few older players that took pay cuts.

If they had been fined today the SFA would have been seen to put a major dent in their existence as they are currently on life support. A 50k fine wouldn't have changed much.

As a yam I would be praying they get no injuries / suspensions - along with praying they aren't liquidated in the near future. :na na:

[FFupper]

Can they still sign under 21's during the ban?

[Treadstone]

Do you think they won't talk to players until Feb 1st? They will identify them the same as other clubs but just won't be able to register them till Feb 1st.


Other clubs can sign players who have contracts in January. The Yams can't sign ANYONE who is under contract not in February, not in March not until at least the end of the season.

[Bristolhibby]

Can they still sign under 21's during the ban?

Not sure, I thought they could, but on a one in, one out basis.

Or have I just made that up?

J

[Dunderhall]

Can they still sign under 21's during the ban?

STV news says under 21 ban also extended until the end of the Jan window.
So basically they can sign anyone under 21 who is out of contract if they exit administration is my take on it.
No registrations permitted whilst in administration.

[robinp]

I still think they will not be able to sign anybody whatsoever, ragardless of age, until a CVA is agreed and exit administration:


Can Hearts sign players?

Hearts are subject to an immediate SPL registration embargo as a result of going into administration. This means they can not sign new players, including Danny Wilson, who was announced as a pre-contract signing from Liverpool earlier in June.

This embargo will transfer over into the SPFL and will not be lifted until it can be proven Hearts are no longer in administration or subject to an insolvency event as per league rules.

Hearts are currently under a separate registration embargo from the SPL for failing to pay players on time.

http://sport.stv.tv/football/clubs/hearts/229830-qa-what-will-happen-to-hearts-now-they-are-in-administration/

edit: of course the DW part of the story is now not applicable to them!

[Dashing Bob S]

To someone buying the club, it's now worth a lot less knowing you are starting on -15 points and with a transfer embargo. That will likely affect how much Massone is prepared to bid :wink: relegation is an absolute stick in now

Yes, just another fairly hefty straw on the back of this particularly humpy camel.

[rcarter1]

Fining a club that's in Administration is pointless, if they get sold it's a fairly paltry sum to cover and if they get liquidated it'll just go unpaid. I'm pleased with this news personally. Hearts now have to get to the end of the season on what they claim is a squad of only 20 players and start with -15 point deduction.

Agree. Ultimately as is often the case, the actual individuals directly responsible for the mismanagement are gone. A punishment is therefore affecting individuals who had no direct control over the infringement. In the long run hitting the club with points penalties, signings etc hit the team on the park. As clubs and their supporters begin to realize this, they might start taking a more objective, and proactive stance on how their club spends money - and who is in charge.

[Dalkeith]

Copied from over the road but looks good to me
From now until we exit admin - no signings
When we exit admin until 31 Dec - we can sign u21 players who were out of contract by end of current transfer window
1 - 31 Jan (assuming out of admin) - we can sign any u21 player
After 31 Jan until summer transfer window - we can sign any player out of contract before 31 Jan

[robinp]

Copied from over the road but looks good to me
From now until we exit admin - no signings
When we exit admin until 31 Dec - we can sign u21 players who were out of contract by end of current transfer window
1 - 31 Jan (assuming out of admin) - we can sign any u21 player
After 31 Jan until summer transfer window - we can sign any player out of contract before 31 Jan

Clear as mud! :top marks

[CropleyWasGod]

Copied from over the road but looks good to me
From now until we exit admin - no signings
When we exit admin until 31 Dec - we can sign u21 players who were out of contract by end of current transfer window
1 - 31 Jan (assuming out of admin) - we can sign any u21 player
After 31 Jan until summer transfer window - we can sign any player out of contract before 31 Jan

On top of that, though, if they exit administration this year, the new owner will have the football debt to pay. £500k at last count, which would make it difficult to pay much in wages.

[AndyB_70]

http://news.stv.tv/east-central/234737-teenage-hibs-fan-jane-park-wins-1m-with-her-first-ever-lottery-ticket/
The YAMs can't even win the lottery :greengrin

[robinp]

Of course they will only have this to worry about if they can actually agree a CVA and exit admin before the window opens in January and thus avoid being liquidated........:cb

[Waxy]

Yep. If the bookies priced up the punishment , embargo till jan 31st would have been odds on fav.

[Gettin' Auld]

Can't be a yam bone, as they have no bones, spineless. plankton..............
Plus most of them tend to be ham shanks. ;)

[brog]

Agree. Ultimately as is often the case, the actual individuals directly responsible for the mismanagement are gone. A punishment is therefore affecting individuals who had no direct control over the infringement. In the long run hitting the club with points penalties, signings etc hit the team on the park. As clubs and their supporters begin to realize this, they might start taking a more objective, and proactive stance on how their club spends money - and who is in charge.

David Southern has been in charge for about 3 years now & telling lies for most of that time. He has been complicit in much of the wrongdoing & yet he has not been subject to any sanction. I also think they could have been fined, at present they have cash though it may not last long.

[Andy74]

They can basically loan as many under 21 players they like in Janaury then, assuming they reach then?

[clerriehibs]

I think maybe I was hoping for news that might have gone some way to finishing them off. This way they limp on.

Good things come to those who wait.

I was kinda hoping the SFA would have gone nuclear, and taken away trophies won during madvlad's tenure.

A 50k finw owuldn't have meant much. The signing ban's as good as it was likely to get.

But there are ways round bans ... if there is a way round this one, the cretins will find it. Danny Wilson, anyone?

[GreenCastle]

Posted this on the Heriot Watt thread but wanted to share in this one also....

Apologies if discussed already but in 7 days the bid for the National Performance Centre will be presented - see website http://goedinburgh2016.com/

If you look at this link http://goedinburgh2016.com/location-and-facilities/ - Heriot Watt are involved and Hearts are to get grass pitches (plus I'm sure use of a full size 11 v 11 pitch if they needed it also!)

While I agree Edinburgh needs better sports facilities the bid smells of yamness....the people backing the bid all being yams..Hastings...Hoy...Stewart..

Surely this can't be allowed to slip under the radar?

(http://goedinburgh2016.com/location-and-facilities/)

[Gatecrasher]

They are going to have to be lucky to avoid relegation IMO.

[sidneyhibbie]

Posted this on the Heriot Watt thread but wanted to share in this one also....

Apologies if discussed already but in 7 days the bid for the National Performance Centre will be presented - see website http://goedinburgh2016.com/

If you look at this link http://goedinburgh2016.com/location-and-facilities/ - Heriot Watt are involved and Hearts are to get grass pitches (plus I'm sure use of a full size 11 v 11 pitch if they needed it also!)

While I agree Edinburgh needs better sports facilities the bid smells of yamness....the people backing the bid all being yams..Hastings...Hoy...Stewart..

Surely this can't be allowed to slip under the radar?

(http://goedinburgh2016.com/location-and-facilities/)

It wont as i am on the case now Letters and Emails :not worth

[Andy74]

No, as the transfer embargo lasts for the entire January window.

That's not how the summaries above read? Looked like under 21 players are allowed if they are out of admin at that time.

Edit:

Hearts have been issued with a new registration embargo for going into administration.

A Scottish FA judicial panel has imposed a ban on signing new players aged 21 and over until 1 February.

The club cannot sign any player at the moment due to an automatic registration embargo which kicked in when they entered administration.



So, they managed to get Ngoo and Wilson in the same circumstances last year, and they did make some difference.

[IWasThere2016]

Posted this on the Heriot Watt thread but wanted to share in this one also....

Apologies if discussed already but in 7 days the bid for the National Performance Centre will be presented - see website http://goedinburgh2016.com/

If you look at this link http://goedinburgh2016.com/location-and-facilities/ - Heriot Watt are involved and Hearts are to get grass pitches (plus I'm sure use of a full size 11 v 11 pitch if they needed it also!)

While I agree Edinburgh needs better sports facilities the bid smells of yamness....the people backing the bid all being yams..Hastings...Hoy...Stewart..

Surely this can't be allowed to slip under the radar?

(http://goedinburgh2016.com/location-and-facilities/)

Edinburgh is up against strong (and better IMHO) bids from Stirling and Dundee

[kdhibees1]

It wont as i am on the case now Letters and Emails :not worth
:faf:

[GreenCastle]

Edinburgh is up against strong (and better IMHO) bids from Stirling and Dundee

I don't think Dundee will get it and Stirling have an Academy already - but Stirling's location may help.

I just find it sly the yams have been included on the list of facilities - basically getting a free training facility ?!

[Hibernia Na Eir]

EEN tonight reports that the latest embargo will be a blow to Gary Cock as they've only 2 registered players over 21....hmmm

their goalie, Stevenson and Hamill. that's 3 I can think of. sure there's more.

usual crap reporting from them.

[Dalkeith]

They can basically loan as many under 21 players they like in Janaury then, assuming they reach then? need to read quicker

[Dashing Bob S]

EEN tonight reports that the latest embargo will be a blow to Gary Cock as they've only 2 registered players over 21....hmmm

their goalie, Stevenson and Hamill. that's 3 I can think of. sure there's more.

usual crap reporting from them.

That was a misprint.

It was really 'they've only two players on the register over 21.'

[andudare2]

on sickbag now,there are some getting hopes up that they can re-sign webster or zalplukeus. stating they are still registered hearts players? seemingly webster training with them today. o & the usual rudi coming back in febuary,these canutes never learn?

[CallumLaidlaw]

on sickbag now,there are some getting hopes up that they can re-sign webster or zalplukeus, seemingly webster training with them today. o & the usual rudi coming back in febuary,these canutes never learn?

So they think these players are gonna sit on their hands for 6 months just so they can play for their beloved hearts for a few hundred pounds a week

[Keith_M]

on sickbag now,there are some getting hopes up that they can re-sign webster or zalplukeus, seemingly webster training with them today. o & the usual rudi coming back in febuary,these canutes never learn?


They obviously can't READ either. The signing ban and having no money should be obvious as it's all over the News.



Oops, I forgot, that's all just Hibby Propaganda.

[joe breezy]

That was a misprint.

It was really 'they've only two players on the register over 21.'

Mmmhh, it's not like Hearts to get mixed up about age related legal issues :wink:

[jonty]

So. Is the rule still around that stipulates a 10pt deduction if you're in admin at the start of the season?

[Gus Fring]

So they think these players are gonna sit on their hands for 6 months just so they can play for their beloved hearts for a few hundred pounds a week

Nope. It's worse. They think because these players (with the exception of Satchel) were last registered for Hearts then those would simply be seen as contract extensions and not new registrations. They are all eejits who clearly do not understand the concept of players being "out of contract" or being a "free agent". They're clutching at straws.

I'm waiting on them realising Richard Branson has supported Hearts all his life and has been so busy he didn't hear the news so now he's going to generally gift £100m of his hard earned to keep them alive.

[Springbank]

Going back to the Creditors List and of course the poor victims (ie the REAL victims) who have been left high and dry by the callous ruthless financial doping regime at Hearts...

Out of interest were Buckstone Roofing among the creditors?

Even if not for money, the MD Scott Cockburn will presumably be looking for his urine back after David Southern took the utter p!ss out of him as recently as 16-7 in this "call to arms to the Edinburgh Business community" (remember those days Mr Southern)

http://www.heartsfc.co.uk/articles/20130716/commercial-call-to-arms-to-edinburgh-business-community-_2241384_3239826

With "quotes" like these, I'll not be using Buckstone Roofing at Springbank Towers any time soon!!!

[JHFC]

£100 for childcare vouchers haha

[Seveno]

I was hoping for a full ban till the end of the season, all trophies won in the last 10 years rescinded and the result of WW1 reversed.

[Dalkeith]

intersting that birch just said on news that there is a good chance they will still br in admin in jan

[Keith_M]

I was hoping for a full ban till the end of the season, all trophies won in the last 10 years rescinded and the result of WW1 reversed.

Na, endlich!

:singing:

Deutsch-land, Deutschland,
Ü-ber aaaa-les.

:singing:

[Treadstone]

Eilidh Barbour on STV news seemed to be giving PF a harder time than her soft soap interview with the soon to be admin-ed Hearts high heid yin David Southern.

[Spike Mandela]

Nope. It's worse. They think because these players (with the exception of Satchel) were last registered for Hearts then those would simply be seen as contract extensions and not new registrations. They are all eejits who clearly do not understand the concept of players being "out of contract" or being a "free agent". They're clutching at straws.

I'm waiting on them realising Richard Branson has supported Hearts all his life and has been so busy he didn't hear the news so now he's going to generally gift £100m of his hard earned to keep them alive.

Just to be clear Bajillions what has happened to Webster's registration. Has it expired? Is it due to expire? Is it just sitting there until he registers elsewhere?

[Part/Time Supporter]

Just to be clear Bajillions what has happened to Webster's registration. Has it expired? Is it due to expire? Is it just sitting there until he registers elsewhere?

The SFA listed Andy Webster as "unattached" when Strachan picked him for the Scotland squad a couple of weeks ago.

http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=2986&newsCategoryID=6&newsID=12197


Goalkeepers

Matt Gilks (Blackpool)
David Marshall (Cardiff City)
Allan McGregor (Hull City)

Defenders

Gordon Greer (Brighton and Hove Albion)
Steven Hammell (Motherwell)
Grant Hanley (Blackburn Rovers)
Alan Hutton (Aston Villa)
Russell Martin (Norwich City)
Charlie Mulgrew (Celtic)
Andy Webster (Unattached)
Steven Whittaker (Norwich City)

Midfielders

Charlie Adam (Stoke City)
Barry Bannan (Aston Villa)
George Boyd (Hull City)
Liam Bridcutt (Brighton and Hove Albion)
Chris Burke (Birmingham City)
Scott Brown (Celtic)
Craig Conway (Cardiff City)
Graham Dorrans (West Bromwich Albion)
James Forrest (Celtic)
Gary Mackay-Steven (Dundee United)
James McArthur (Wigan Athletic)
James Morrison (West Bromwich Albion)
Steven Naismith (Everton)
Robert Snodgrass (Norwich City)

Forwards

Leigh Griffiths (Wolverhampton Wanderers)
Shaun Maloney (Wigan Athletic)
Kenny Miller (Vancouver Whitecaps)
Jordan Rhodes (Blackburn Rovers)

[Gus Fring]

Just to be clear Bajillions what has happened to Webster's registration. Has it expired? Is it due to expire? Is it just sitting there until he registers elsewhere?

Normally a club registers a player until a certain date. Typically this would be the 31st of May, 30th of June or in some rare cases the 31st of July. It's highly unlikely Hearts will still have a valid registration for Webster. Using Yam logic if his registration is still valid then so is his contract so he would be due the same wages.

[sidneyhibbie]

The SFA listed Andy Webster as "unattached" when Strachan picked him for the Scotland squad a couple of weeks ago.

http://www.scottishfa.co.uk/scottish_fa_news.cfm?page=2986&newsCategoryID=6&newsID=12197


Im on the case with this now guys Emails and a hard copy letter being posted tonight demanding an explanation of exactly the situation with Webster also im getting into BDO Tomorrow as this extra wage is not in best interest of the creditors/victims of this giant scam/cover up.

Sidney :hnet:
:not worth

[Hibbyradge]

Im on the case with this now guys Emails and a hard copy letter being posted tonight demanding an explanation of exactly the situation with Webster also im getting into BDO Tomorrow as this extra wage is not in best interest of the creditors/victims of this giant scam/cover up.

Sidney :hnet:
:not worth

You're either insane, a Yam, or you haven't ever said anything remotely amusing before so you're repeating exactly the same thing over and over again to milk it for all its worth.

I hope you're just insane.

[#FromTheCapital]

Im on the case with this now guys Emails and a hard copy letter being posted tonight demanding an explanation of exactly the situation with Webster also im getting into BDO Tomorrow as this extra wage is not in best interest of the creditors/victims of this giant scam/cover up.

Sidney :hnet:
:not worth

:yawn:

[Golden Bear]

Im on the case with this now guys Emails and a hard copy letter being posted tonight demanding an explanation of exactly the situation with Webster also im getting into BDO Tomorrow as this extra wage is not in best interest of the creditors/victims of this giant scam/cover up.

Sidney :hnet:
:not worth

Gaun yersel hissing Sid. Get them sorted oot!

[hibbymac]

You're either insane, a Yam, or you haven't ever said anything remotely amusing before so you're repeating exactly the same thing over and over again to milk it for all its worth.

I hope you're just insane.


:hmmm: ...... must be, he's trying to put used stamps on his e-mails. :brokenyam:

[The_Todd]

At least a £50k fine, same as rangers got for going into admin.

Rangers also got fined for bringing the game into disrepute which I reckon hearts have also done.

What would be the point in fining Hearts? The fine would just be added to the pile of debt they'll never pay anyway. A registration ban until February is most pleasing.

[Part/Time Supporter]

What would be the point in fining Hearts? The fine would just be added to the pile of debt they'll never pay anyway. A registration ban until February is most pleasing.

If they had been fined today it would have had to be paid because the fine would have been incurred after the company entered administration.

Rangers are moaning about the unfairness of it all, missing the point that their total registration ban related to Whyte and the club bringing the game into disrepute, rather than the fact of going into administration. Rangers were fined £50,000 for entering administration (the charge Hearts faced today).

The SFA seem to be taking the attitude that imposing a fixed term restriction on signings is a "smarter" punishment for entering administration than imposing a fine. The decision is (more or less) consistent with Dunfermline and imposes a real handicap on Hearts, assuming they can exit administration before then.

[sidneyhibbie]

Gaun yersel hissing Sid. Get them sorted oot!

Thanks mate all support is welcome and i like the Hissing Sid name its cool. When you study the list of creditors who have been bumped it is a disgrace that they are even thinking about adding to the wage Bill with Webster

[Col2]

They will have played 25 games by the time Feb comes round and when they can sign players over 21.

With a -15 point start and a bunch of kids and a manager who is very inexperienced they will need a miracle to stay in the league! That's if they make it to Feb!

[kdhibees1]

Thanks mate all support is welcome and i like the Hissing Sid name its cool. When you study the list of creditors who have been bumped it is a disgrace that they are even thinking about adding to the wage Bill with Webster
Another laugh out loud moment. Sidney, yer some dude!!

[Onceinawhile]

Rangers whinging about the punishment hearts got. Bunch of bairns.

[Spike Mandela]

Normally a club registers a player until a certain date. Typically this would be the 31st of May, 30th of June or in some rare cases the 31st of July. It's highly unlikely Hearts will still have a valid registration for Webster. Using Yam logic if his registration is still valid then so is his contract so he would be due the same wages.

Has anyone seen Campbell Ogilvie in the room that holds the registrations by any chance?:cb

[CropleyisGod]

Posted this on the Heriot Watt thread but wanted to share in this one also....

Apologies if discussed already but in 7 days the bid for the National Performance Centre will be presented - see website http://goedinburgh2016.com/

If you look at this link http://goedinburgh2016.com/location-and-facilities/ - Heriot Watt are involved and Hearts are to get grass pitches (plus I'm sure use of a full size 11 v 11 pitch if they needed it also!)

While I agree Edinburgh needs better sports facilities the bid smells of yamness....the people backing the bid all being yams..Hastings...Hoy...Stewart..

Surely this can't be allowed to slip under the radar?

(http://goedinburgh2016.com/location-and-facilities/)

And the reason why a paltry £150k debt is something that could easily be forgotten if the adverse publicity of chasing it might harm a lucrative grant award?...I'm guessing.

[CropleyWasGod]

Rangers whinging about the punishment hearts got. Bunch of bairns.

"there is one rule for our club and another for everyone else."

Ain't that the truth? :rolleyes:

[One Day]

McCrae’s BattalionTrust £100

LadyHaig’s PoppyFactory £185

Dearie me

[marinello59]

McCrae’s BattalionTrust £100

LadyHaig’s PoppyFactory £185

Dearie me

That was all a misunderstanding, the money was merely resting in that account. Or the cheque was in the post. Or it's simply not true. (This 'non-existent' debt has apparently now been settled by some of the more decent Hearts fans, well done to them.)
Check out how much they owe their own charity. :wink:

[Scouse Hibee]

McCrae’s BattalionTrust £100

LadyHaig’s PoppyFactory £185

Dearie me


This has been cleared up on another thread.

[7062]

If they had been fined today it would have had to be paid because the fine would have been incurred after the company entered administration.

Rangers are moaning about the unfairness of it all, missing the point that their total registration ban related to Whyte and the club bringing the game into disrepute, rather than the fact of going into administration. Rangers were fined £50,000 for entering administration (the charge Hearts faced today).

The SFA seem to be taking the attitude that imposing a fixed term restriction on signings is a "smarter" punishment for entering administration than imposing a fine. The decision is (more or less) consistent with Dunfermline and imposes a real handicap on Hearts, assuming they can exit administration before then.

Yeah, that's what I thought. From memory, all rangers fines were about £200k in total - bringing game into disrepute is the only other I can remember, but I think there were others too. If hearts received such a fine(s) today that had to be paid on coming out of admin it would have made things even tighter than it already is (maybe) gonna be for them.

[lapsedhibee]

This has been cleared up on another thread.

Has it though? The yam-in-denial Jack Alexander has said there never were any debts to those two organisations, and that BDO have made a mistake. But another, self-confessed, yam claims to have paid the debt out of his own pocket.

Who to beLIEve? :dunno:

[Hibernia Na Eir]

Scott Wilson due cash too. Dear oh dear!
didn't realise Fannies could be owed money.

[Dunderhall]

:hmmm: ...... must be, he's trying to put used stamps on his e-mails. :brokenyam:
Licking stamps will be a nice change from windows.


McCrae’s BattalionTrust £100

LadyHaig’s PoppyFactory £185

Dearie me
Just saying...


So the new season is almost upon us now, and our most difficult campaign awaits.

Without trying to over dramatize our current predicament it's difficult not to draw some kind of parallel with Mccraes Battalion.. :trumpet:

[Bostonhibby]

Posted this on the Heriot Watt thread but wanted to share in this one also....

Apologies if discussed already but in 7 days the bid for the National Performance Centre will be presented - see website http://goedinburgh2016.com/

If you look at this link http://goedinburgh2016.com/location-and-facilities/ - Heriot Watt are involved and Hearts are to get grass pitches (plus I'm sure use of a full size 11 v 11 pitch if they needed it also!)

While I agree Edinburgh needs better sports facilities the bid smells of yamness....the people backing the bid all being yams..Hastings...Hoy...Stewart..

Surely this can't be allowed to slip under the radar?

(http://goedinburgh2016.com/location-and-facilities/)

I see Sidney is already on the case, he is our Radar :wink:

[JAY-ESS GREEN]

Going back to the Creditors List and of course the poor victims (ie the REAL victims) who have been left high and dry by the callous ruthless financial doping regime at Hearts...

Out of interest were Buckstone Roofing among the creditors?

Even if not for money, the MD Scott Cockburn will presumably be looking for his urine back after David Southern took the utter p!ss out of him as recently as 16-7 in this "call to arms to the Edinburgh Business community" (remember those days Mr Southern)

http://www.heartsfc.co.uk/articles/20130716/commercial-call-to-arms-to-edinburgh-business-community-_2241384_3239826

With "quotes" like these, I'll not be using Buckstone Roofing at Springbank Towers any time soon!!!

Ironically Scott is a hibby

[sidneyhibbie]

Another laugh out loud moment. Sidney, yer some dude!!

Maybee i am a little bit different but my cause is true :flag:Glory Glory and i like to think i add a bit of colour to :hnet: i get dogs abuse but my path and mission will stay the same the destruction of the yam fuds and the closure of the PBS.

My pen will be mightier than the sword.

Sidney:not worth

[Bostonhibby]

Just saying...

. :trumpet:

:confused:Its not difficult to draw comparisons? WTF ? I know the a football team kept the Macraes Batallion Trusts' money but has someone stolen the Yams charity donations as well?

[kdhibees1]

Maybee i am a little bit different but my cause is true :flag:Glory Glory and i like to think i add a bit of colour to :hnet: i get dogs abuse but my path and mission will stay the same the destruction of the yam fuds and the closure of the PBS.

My pen will be mightier than the sword.

Sidney:not worth
Ach it's just a bit of banter. Keep up the good work inspector Sid:thumbsup:

http://img153.imageshack.us/edit_preview.php?l=img153/6443/ngax.gif&action=rotate

[Dunderhall]

:confused:Its not difficult to draw comparisons? WTF ? I know the a football team kept the Macraes Batallion Trusts' money but has someone stolen the Yams charity donations as well?
Nah, no further stealing, it doesn't get any better though.


Whilst players from HMFC, other clubs, and their supporters signed up in their droves to fight for king and country, and many making the ultimate sacrifice. One can only applaud the huge financial sacrifice that so many have made and continue to make through this terrible period in our clubs history.

Heroic stories of kids handing over their holiday money, people auctioning off their treasured memorabilia, the effort and time selflessly given by the many fundraisers.

[Zondervan]

Seen this on Twitter from FOH

@The_FoH: We are hearing suggestions that tomorrow's @edinburghpaper will be issuing a special rallying call to #createhistory #intriguing ;-)

Wonder what our impartial local rag has planned?

[Dunderhall]

Seen this on Twitter from FOH

@The_FoH: We are hearing suggestions that tomorrow's @edinburghpaper will be issuing a special rallying call to #createhistory #intriguing ;-)

Wonder what our impartial local rag has planned?
Suggestion?
they have been nothing but a mouthpiece for FoH.
They might as well have done an #allisbarry and twatted : special rallying cause for FoH, see today's EN.

[marinello59]

Seen this on Twitter from FOH

@The_FoH: We are hearing suggestions that tomorrow's @edinburghpaper will be issuing a special rallying call to #createhistory #intriguing ;-)

Wonder what our impartial local rag has planned?

A call to all Hearts fans and players to enlist?

[OrdHibby]

Aah, bisto! I didn't know FoH had AB putting up the capital. Thought it was all coming from the pledges. That bid looks more la-la-land and wobbly by the minute. Surely not a viable business plan - unless they think they can continue the Jambo Way of ignoring all bills?

A sort of footballing "trou normand". Or Roman banquet.

I posted this last week without naming her and got pelters. Confused.com :confused:

I was informed she was putting up the capital for the PBS renting it for a small fee till a new location is found in the future ( i'll whisper it, council/sports scotland etc) then she'll make a pretty penny selling the dump. And as i said, I HOPE IT'S BULL

[HUTCHYHIBBY]

We need a Q&A Session with sidney

Favourite film - You've got mail
Favourite song - Return to Sender

etc!

[Platinum Scotty]

Ironically Scott is a hibby

Is he? He seems to have been quoted a few times in a positive way about the yams.........perhaps I am not as close as others due to geography...

[Springbank]

Ironically Scott is a hibby

No way - as in exclamation, not as in questioning you!

In that case, he should definitely be chewing David Southern out over that press release, utter tripe from the Gorgie Goebbels and didn't do Buckstone Roofing too many favours!


A call to all Hearts fans and players to enlist?

...shortly before being left out of pocket by the mothership...

[sidneyhibbie]

Ach it's just a bit of banter. Keep up the good work inspector Sid:thumbsup:

http://img153.imageshack.us/edit_preview.php?l=img153/6443/ngax.gif&action=rotate

Thanks mate for the support the local postie knows me well by now.

[Ray_]

They have a thread on KB about Rangers not being happy about Hearts "preferential treatment", one quote, from Livingstonjambo I found absolutely unbelievable

"FFS they just dont get it do they. Both ourselves and Dunfermline just ran out of money whilst trying to meet our outgoings however The Rangers actively avoided paying VAT/NIC and PAYE......":rolleyes:

Most of them well and truly deserve everything that is coming their way.

[nonshinyfinish]

They have a thread on KB about Rangers not being happy about Hearts "preferential treatment", one quote, from Livingstonjambo I found absolutely unbelievable

"FFS they just dont get it do they. Both ourselves and Dunfermline just ran out of money whilst trying to meet our outgoings however The Rangers actively avoided paying VAT/NIC and PAYE......":rolleyes:

Most of them well and truly deserve everything that is coming their way.

Risible.

[CropleyWasGod]

Risible.

Sounds better in a Michael Palin voice.

Wizzibul.

We-wease Wudi!!

[HibbySpurs]

They have a thread on KB about Rangers not being happy about Hearts "preferential treatment", one quote, from Livingstonjambo I found absolutely unbelievable

"FFS they just dont get it do they. Both ourselves and Dunfermline just ran out of money whilst trying to meet our outgoings however The Rangers actively avoided paying VAT/NIC and PAYE......":rolleyes:

Most of them well and truly deserve everything that is coming their way.

Good grief..... That has to be a troll over there.....

[Moulin Yarns]

My eyes did not deceive me I saw a Heart of Midlothian pennant in a bar scene on the C word on More4.

[BH Hibs]

on sickbag now,there are some getting hopes up that they can re-sign webster or zalplukeus. stating they are still registered hearts players? seemingly webster training with them today. o & the usual rudi coming back in febuary,these canutes never learn?

They can have them they're pish anyway:thumbsup:

[Spike Mandela]

I posted this last week without naming her and got pelters. Confused.com :confused:

I was informed she was putting up the capital for the PBS renting it for a small fee till a new location is found in the future ( i'll whisper it, council/sports scotland etc) then she'll make a pretty penny selling the dump. And as i said, I HOPE IT'S BULL

Did we not effectively lease ER from Tom Farmer until such times we could afford to get it back?

[jgl07]

Did we not effectively lease ER from Tom Farmer until such times we could afford to get it back?

No Hibs were split into three or four separate companies. One was the actual football club, one held the roperty including the stadium, one dealt with catering. There was a holding company above them all. This was done to insulate the football club from the debts.

The football club probably paid nominal rent to the stadium company. A real case of paying money to ourselves.

Eventually, the companies were merged by Farmer when the debts became more managable. This may have co-incided with the sale of most of the car park for housing development?

[Ryan69]

Its absolutely staggering what the people who owned Hearts have done...pretty much ripped everybody,even charities off!

The unbelievable things is though how timid the fans are!
I was at Hands on Hibs. I was young,but my Dad and family being Hibs...of course we were going! Even my Hearts supporting brother went.
What have these clowns over the road done? Apart from winning cake contests,and fainting faces...what have they really done?
If it was Hibs we would be out in force,make it known our thoughts and love for the club....draw attraction and gain publicity about our plight.

Im absolutely gobsmacked...at how little they have done,and the arrogance of them. Who didnt get messages after Malmo?

Just cant decide how I want it to pan out...but im swaying towards end this disgusting club.

Though without a derby and all the banter that goes with it....its a tough one really.

[hibees 7062]

Seen this on Twitter from FOH

@The_FoH: We are hearing suggestions that tomorrow's @edinburghpaper will be issuing a special rallying call to #createhistory #intriguing ;-)

Wonder what our impartial local rag has planned?

A paper burning contest :greengrin

[Groathillgrump]

Ironically Scott is a hibby

I went to the same secondary school as Scott Wilson and I can assure you he's a Jambo.

[jgl07]

I went to the same secondary school as Scott Wilson and I can assure you he's a Jambo.

It wasn't Scott Wilson he was talking about. It was another Scott.

Scott Wilson is one of the worst type of Jambo fuds. He is centre green presenter for Edinburgh Speedway and loses no opportunity to trot out the 5-1 crap through the microphone.

[The Falcon]

Yeah, that's what I thought. From memory, all rangers fines were about £200k in total - bringing game into disrepute is the only other I can remember, but I think there were others too. If hearts received such a fine(s) today that had to be paid on coming out of admin it would have made things even tighter than it already is (maybe) gonna be for them.


Hearts have still to be punished for (repeated) non payment of wages despite assurances to the contrary. And there is the failure to pay taxes which looks, on the face of it, that it may take some explaining.

[PapillonVert]

We need a Q&A Session with sidney

Favourite film - You've got mail
Favourite song - Return to Sender

etc!

Favourite books: The Postman Never Rings Twice.
The Timewaster Letters :wink: (there is such a book title)
The Book of Letters: How to Write a Letter for Every Occasion (did you write that one, Sidney? :greengrin)
The Screwtape Letters (C.S. Lewis)
Letters from Italy

Favourite Song (since we're Hibbies): Letter from America

Favourite Films: Letter
The Letter
The Scarlet Letter (should that be "Maroon"?)
Letters of Love
A Letter to Three Wives
The Love Letter
A Four Letter Word (Yams?)
The Kremlin Letter
Love Letter
Letter from Iwo Jima
Letters to Juliet

[Winston Ingram]

The most amazing thing thing is Hearts fans, even some of the sensible ones believe they are blameless for the current situation.

This situation was a ticking timebomb for nearly 9 years. Everybody could see what was going on. The debt & expenditure continued to rise way beyond what a club of that size could afford yet they did nothing. It'll be the most deserving liquidation in history:agree:

[Hermit Crab]

They can have them they're pish anyway:thumbsup:

They can't sign them until they come out of admin.

[robinp]

The most amazing thing thing is Hearts fans, even some of the sensible ones believe they are blameless for the current situation.

This situation was a ticking timebomb for nearly 9 years. Everybody could see what was going on. The debt & expenditure continued to rise way beyond what a club of that size could afford yet they did nothing. It'll be the most deserving liquidation in history:agree:

But because of this whole charade we have one of THE best financial quotes since the great Wall Street crash:

"It's not real debt, because we owe it to ourselves"

[Geo_1875]

The most amazing thing thing is Hearts fans, even some of the sensible ones believe they are blameless for the current situation.

This situation was a ticking timebomb for nearly 9 years. Everybody could see what was going on. The debt & expenditure continued to rise way beyond what a club of that size could afford yet they did nothing. It'll be the most deserving liquidation in history:agree:

They are claiming that they and their club are blameless and there should be a separation between Romanov and the club. I never heard any of them claiming Vlad had left us behind as rivals, or Vlad destroyed us as a club or Vlad would conquer world football. They were all giving it the royal we at the time but it's now a big boy done it and ran away. **** them all.

[Aldo]

The can bleat and moan all they want. They've made their bed and they can lie in it.

Someone should ask the MP for Edin South about the debt in arrears the Yams owe the Council. A fair whack.

You do know what they are going to do don't you. Play till Xmas then fold.... Just to **** everyone up.

[Bristolhibby]

The can bleat and moan all they want. They've made their bed and they can lie in it.

Someone should ask the MP for Edin South about the debt in arrears the Yams owe the Council. A fair whack.

You do know what they are going to do don't you. Play till Xmas then fold.... Just to **** everyone up.

It's the Hearts way.

[greenginger]

http://www.scotsman.com/sport/football/latest/hearts-may-still-be-in-administration-by-feb-2014-1-3026540


BDO reckon Hearts may still be in administration when the transfer ban expires.

I wonder if they have told the Lith. Ukio admin. that they see this as a job for life and their fees will eat any offer they get for the vile outfit.

[CropleyWasGod]

http://www.scotsman.com/sport/football/latest/hearts-may-still-be-in-administration-by-feb-2014-1-3026540


BDO reckon Hearts may still be in administration when the transfer ban expires.

I wonder if they have told the Lith. Ukio admin. that they see this as a job for life and their fees will eat any offer they get for the vile outfit.

This is the most important bit for me:-

We still have the situation in Lithuania to resolve.

Will anyone in the MSM pick up on that, or are we expected to do their job for them?

[Dalkeith]

from over the road
It's good news from FoH standpoint, not so much if you happen to be a certain Italian lawyer...

[OrdHibby]

Did we not effectively lease ER from Tom Farmer until such times we could afford to get it back?

You could be right. When up and running properly again did we not buy it back with a mortgage. Someone i'm sure will be along soon enough with the FACTS :greengrin

[HUTCHYHIBBY]

This is the most important bit for me:-

We still have the situation in Lithuania to resolve.

Will anyone in the MSM pick up on that, or are we expected to do their job for them?

Its absolutely amazing just how much ignorance there is amongst the MSM and Jambos re the situation over in Lithuania, its not going to be resolved any time soon.

[OrdHibby]

This is the most important bit for me:-

We still have the situation in Lithuania to resolve.

Will anyone in the MSM pick up on that, or are we expected to do their job for them?

lol

crack on :greengrin

[greenginger]

This is the most important bit for me:-

We still have the situation in Lithuania to resolve.

Will anyone in the MSM pick up on that, or are we expected to do their job for them?



Should BDO's first priority not be to establish whether the Lith. situation is resolvable, if not, then organising creditor meetings commenting on registration bans are a complete waste of time and money.

The only way forward would be liquidation and a Newco for next season but I think the BDO brass like the spotlight and to play football manager whilst getting their pockets well lined.

[Kojock]

Am I missing something here. Hearts owe 1.9mil to HMRC. I thought the "share issue" monies were meant to have cleared that debt :confused:

If it was not cleared then two things spring to mind

1/ Where did the money go to ?
2/ Why didn't HMRC put them into admin ?

Why are Hearts fans not banging Southerns door down demanding answers to the missing cash and questioning why he was spouting all the urine about being self sufficient when its quite evident now that they were merely robbing Peter to pay Paul.

[Treadstone]

With BDOs fees nearing £200k according to CWGs scoop of the creditors report in the first 5/6 weeks of the admin. Is that level of charge sustained throughout the process or does it slow down after an initial period of assessment ?

[Kojock]

You do know what they are going to do don't you. Play till Xmas then fold....

I couldn't think of a better Christmas present to be honest.

[CropleyWasGod]

Should BDO's first priority not be to establish whether the Lith. situation is resolvable, if not, then organising creditor meetings commenting on registration bans are a complete waste of time and money.

The only way forward would be liquidation and a Newco for next season but I think the BDO brass like the spotlight and to play football manager whilst getting their pockets well lined.

I'm sure they are doing that whilst they go about the statutory stuff, which although seemingly worthless is still necessary. Knowing BJ of old, he is a practical guy.

[CropleyWasGod]

Am I missing something here. Hearts owe 1.9mil to HMRC. I thought the "share issue" monies were meant to have cleared that debt :confused:

If it was not cleared then two things spring to mind

1/ Where did the money go to ?
2/ Why didn't HMRC put them into admin ?

Why are Hearts fans not banging Southerns door down demanding answers to the missing cash and questioning why he was spouting all the urine about being self sufficient when its quite evident now that they were merely robbing Peter to pay Paul.

UBIG's debt reduced from £10m to £8m.

Just saying likes..... not for me to jump to conclusions. :cb

[robinp]

With BDOs fees nearing £200k according to CWGs scoop of the creditors report in the first 5/6 weeks of the admin. Is that level of charge sustained throughout the process or does it slow down after an initial period of assessment ?

From personal experience, if its a trading administration, of which this is, then it can be sustained for the period. Not only do you have to deal with the historical financial mess, book debts etc, you have to oversee the trading of the business post date of admin and its the IP who is responsible for that.

[Hermit Crab]

@BarryAnderson_8: #SFA & #Hearts have confirmed Andy Webster is no longer registered with #HMFC. He's training at Riccarton but can't sign (for those asking).

[robinp]

@BarryAnderson_8: #SFA & #Hearts have confirmed Andy Webster is no longer registered with #HMFC. He's training at Riccarton but can't sign (for those asking).

Was just about to post the same. At least he names his sources, otherwise I wouldn't have bothered.

#allisbarry

[Hermit Crab]

Was just about to post the same. At least he names his sources, otherwise I wouldn't have bothered.

#allisbarry

Would be extremely funny if we signed him.

[Zondervan]

Surprised it has taken the EEN so long.

@DavidJ_McCann: The Evening News today nails its colours to the mast in the Hearts takeover saga with a very strong front page.

[Spike Mandela]

Surprised it has taken the EEN so long.

@DavidJ_McCann: The Evening News today nails its colours to the mast in the Hearts takeover saga with a very strong front page.

That will resonate in the corridors of power in Lithuania........................NOT!:cb

[Allant1981]

Having a debate on fb with a friend who is a hearts fan and he still seems to think its just bad financial management at the club and that they havent cheated, makes me angry!!!

[clerriehibs]

Surprised it has taken the EEN so long.

@DavidJ_McCann: The Evening News today nails its colours to the mast in the Hearts takeover saga with a very strong front page.

Given the somewhere right of maggie nature of that paper, it's going to rail against homfc for not paying its taxes and defaulting on the hundreds of creditors? Demand that people like Southern are brought to book? Ask hard questions of those who championed the crook from the start? No?

[HibbySpurs]

@BarryAnderson_8: #SFA & #Hearts have confirmed Andy Webster is no longer registered with #HMFC. He's training at Riccarton but can't sign (for those asking).

Stone Me, BAnderson makes a statement that's factually correct:wtf:


Given the somewhere right of maggie nature of that paper, it's going to rail against homfc for not paying its taxes and defaulting on the hundreds of creditors? Demand that people like Southern are brought to book? Ask hard questions of those who championed the crook from the start? No?


Aye, it looks like the Hearts Evening News will be in full Yam praise flow today.... A local rag that will make no difference to events in the grand scheme of things....

Just joining the begging to save them, whilst forgetting as usual that this city has 2 Premiership sides of roughly the same size...

Ohhhh sorry I got that wrong, of course the readership available to them through using the save Hearts angles is 400,000..... How silly of me....

Yam paper, always has been, always will be.... Even back in the day it's Saturday evening sports paper was closely coloured to compliment the turd wearers:greengrin

[Sanger]

Source of Debt
Debts Millions
Comment
Link








Original
22
debt for equity swaps over two years by UBIG 2008/2010
http://sport.stv.tv/football/clubs/hearts/201686-mapping-hearts-finances-following-the-money-at-the-tynecastle-club/



2
Forgiven by UBIG on take over
http://news.bbc.co.uk/sport1/hi/football/teams/h/heart_of_midlothian/4570516.stm



8.8
Forgiven by Panama subsuduary company 2011
http://sport.stv.tv/football/clubs/hearts/201686-mapping-hearts-finances-following-the-money-at-the-tynecastle-club/



7.9
payment from FC Kaunas 2010 - debt foregiveness
http://www.fm-base.co.uk/forum/scottish-football/81343-romanovs-battle-hearts-minds.html








Total converted/forgiven
40.7










Current debt
28.5










Total
69.2

[Hermit Crab]

Stone Me, BAnderson makes a statement that's factually correct:wtf:

There are still roasters on kickback saying he is wrong and hearts can and will sign him.

[Onion]

Surprised it has taken the EEN so long.

@DavidJ_McCann: The Evening News today nails its colours to the mast in the Hearts takeover saga with a very strong front page.

so, they've finally woken up to fact that a lot of people have been ripped off by Hearts, who just want to walk away from their responsibilities - having seen the creditor's list ? EEN to become creditor's champion by any chance ?

[southsider]

Just received from HoM "inviting" me to purchase a corporate facility for our game for up to 6 people at £150 a pop. My reply was as follows " "see when you lot pay their taxes, pay the poppy fund and all your other creditors you may, if you wish, contact me. Until then just go back from under whichever rock you squirmed from under. GGTTH. "

[Onion]

Aye, it looks like the Hearts Evening News will be in full Yam praise flow today.... A local rag that will make no difference to events in the grand scheme of things....

Just joining the begging to save them, whilst forgetting as usual that this city has 2 Premiership sides of roughly the same size...

Ohhhh sorry I got that wrong, of course the readership available to them through using the save Hearts angles is 400,000..... How silly of me....

Yam paper, always has been, always will be.... Even back in the day it's Saturday evening sports paper was closely coloured to compliment the turd wearers:greengrin

Can you ever imagine this happening in Glasgow, with one of the OF clubs ?

[21.05.2016]

Having a debate on fb with a friend who is a hearts fan and he still seems to think its just bad financial management at the club and that they havent cheated, makes me angry!!!

Typical yam, can't face the grim reality.


Just received from HoM "inviting" me to purchase a corporate facility for our game for up to 6 people at £150 a pop. My reply was as follows " "see when you lot pay their taxes, pay the poppy fund and all your other creditors you may, if you wish, contact me. Until then just go back from under whichever rock you squirmed from under. GGTTH. "

Couldn't have put it better myself :thumbsup::jmcp::fenlon

[brog]

Am I missing something here. Hearts owe 1.9mil to HMRC. I thought the "share issue" monies were meant to have cleared that debt :confused:

If it was not cleared then two things spring to mind

1/ Where did the money go to ?
2/ Why didn't HMRC put them into admin ?

Why are Hearts fans not banging Southerns door down demanding answers to the missing cash and questioning why he was spouting all the urine about being self sufficient when its quite evident now that they were merely robbing Peter to pay Paul.

I've been banging this drum for weeks & forecast months ago that HMRC would never see a penny of the penalty they imposed on Yams. If Vlad & cohorts, including Self-sufficient Southern, were not paying basic suppliers including hotels, travel companies & estate agents, they were never going to pay what they considered as an unfair penalty. I think CWG is probably correct as to where the money went but I continue to be astonished at the lack of reaction to what was essentially a fraudulent share issue. Southern was complicit in that venture. Even BDO in this week's document states that the 2012 share issue is not included "as share certificates were never issued"! It's staggering the ineptitude & lethargy of Yams support & MSM.

[Springbank]

Is there a case for reporting a potential fraud to police Scotland (involving a company who owed said law enforcement agency a lot of money that police Scotland will never see) then leaving it up to plod?

[Dalkeith]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:

[robinp]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:

That's him telt, ken wit a mean!?

[Simkin911]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:

Very little focus on doing what is best for the creditors. Or do they really not matter any more?

[Gus Fring]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:

Crazy. Put aside for a minute that this supposedly a newspaper that doesn't have any allegiances, they are once again proving that they do not have any clue what is going on at Tynecastle.

The FoH bid is not only not enough in the first instance but an incredibly flawed business plan going forward. I think it's monumentally unlikely any deal will ever be done.

[OrdHibby]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:


great post by 'the ball is round' :thumbsup:


Crazy. Put aside for a minute that this supposedly a newspaper that doesn't have any allegiances, they are once again proving that they do not have any clue what is going on at Tynecastle.

The FoH bid is not only not enough in the first instance but an incredibly flawed business plan going forward. I think it's monumentally unlikely any deal will ever be done.

they've always had folk bail them out over the years and now all their little helpers hands are tied they are struggling to come to grips that some time in your life you need to wipe your own erse. They have continued to take hand outs and now they're on their own its everyone else's job to get the s**t off.
Well my ****my friends 'NAW IT'S NO'

Hurry up and shut that place down for the good of Edinburgh, Scotland and awe the we Kids that aren't safe while this institution is still breathing.

[YehButNoBut]

EEN trying to get the Yams on their side??

https://pbs.twimg.com/media/BQqLIh6CYAA3ium.jpg:large

[Treadstone]

Crazy. Put aside for a minute that this supposedly a newspaper that doesn't have any allegiances, they are once again proving that they do not have any clue what is going on at Tynecastle.

The FoH bid is not only not enough in the first instance but an incredibly flawed business plan going forward. I think it's monumentally unlikely any deal will ever be done.

For this reason I hope he does pull out. FoH don't have enough money. Liquidation.

Proud to say i have never bought this paper for years.

[OrdHibby]

EEN trying to get the Yams on their side??

https://pbs.twimg.com/media/BQqLIh6CYAA3ium.jpg:large

stopped buying the EEN a long time ago. Hawrts *****

[Pedantic_Hibee]

Absolute cringe.

[josef k]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:

Basically a cut and pasted FoH press release. The 'voice' of the article gets confused. At one point it talks about 'those fantastic supporters' then it switches to 'pass us by'.

The statement "The success or failure of clubs like Heart of Midlothian can have a huge impact on the wellbeing of their home city, both emotionally and financially." is riseable. The recent success of Hearts has certainly had a financial impact on the city (small business, charities, council etc not being paid). But the idea that the success of a business with an annual turn over of c£10 million makes much difference to the city's economy is laughable.

"for the good of Hearts, and the wider Edinburgh public" - yeah, Mrs Smith who is a pensioner in the South of the city and isn't interested in football (etc) will gain huge benefits if Massone steps aside.

"The sacrifice of both players and fans in the First World War in particular." Jesus.

[Ozyhibby]

This is FoH talking. They are basically saying they can't match Massone's bid and their only hope is for him to pull out. They can't come straight out and say that so they are doing it through the Evening News.
They are at the end of tge road as far as increasing their own bid.

[PapillonVert]

EEN trying to get the Yams on their side??

https://pbs.twimg.com/media/BQqLIh6CYAA3ium.jpg:large

Looks like they are beginning to panic. FoH have been told their offer is nowhere near good enough and know they can't go any further (i.e. maxed out on the credit card) and so now have to bring pressure any which way on the other bidder to withdraw to leave them with a clear field.


This is FoH talking. They are basically saying they can't match Massone's bid and their only hope is for him to pull out. They can't come straight out and say that so they are doing it through the Evening News.
They are at the end of tge road as far as increasing their own bid.

Funny that, I just said summat along the same lines.....:thumbsup:

[eezyrider]

Having a debate on fb with a friend who is a hearts fan and he still seems to think its just bad financial management at the club and that they havent cheated, makes me angry!!!

Part of the bad financial management was buying players they couldn't afford with money they didn't have! They just don't get it, do they.

EZ

[BarneyK]

God that is just pathetic. Fair play though, Angelo, step aside old chap - oh liquidation is their preferred option clearly. :thumbsup:

[overdrive]

EEN trying to get the Yams on their side??

https://pbs.twimg.com/media/BQqLIh6CYAA3ium.jpg:large

Can't believe that gets more space than the chemical incident!

[BarneyK]

Looks like they are beginning to panic. FoH have been told their offer is nowhere near good enough and know they can't go any further (i.e. maxed out on the credit card) and so now have to bring pressure any which way on the other bidder to withdraw to leave them with a clear field.

Happily, a clear field means liquidation :greengrin

[steakbake]

Desperate stuff from the EEN. I think the fact they're singing like canaries reveals they know the game is all but over. There might be some injury time yet; who knows - but I don't see this ending well from a Hearts point of view.

Generally on KB, fans are acting like they've been held hostage by Romanov and were powerless. They handed the power to him and some of their most prominent backers - like Foulkes etc - were glad to accept Romanov where several clubs had seen through it and told him to bolt. They even had a wee song to sing in praise of their owner and were all too ready to accept the faxes from Kaunas, the bizarre diatribes on their website and looked gratefully on as HMFC enlisted players they couldn't actually afford. Evidence of this: the failure to pay tax as due, failure to pay players regularly and stiffing several clubs of money for the players they acquired. Personally, my favourite was the Euros/GBP confusion over the transfer of Beslija.

Robinson's proposal was unpalatable at the time but it may conspire to show that in fact, they should have gone with it. The level of personal abuse he had to deal with during and since is extraordinary.

Essentially, they've backed the wrong horse since then, been found out and now it looks like their race has been run. I do feel sorry for your average fan, like some people in my family who havent missed a home game in years and have supported the team for decades. Unfortunately, thats just too bad.

[PapillonVert]

Happily, a clear field means liquidation :greengrin

And so Massone just comes back with his bid at that point. Same result, different route.

[Pedantic_Hibee]

Desperate stuff from the EEN. I think the fact they're singing like canaries reveals they know the game is all but over. There might be some injury time yet; who knows - but I don't see this ending well from a Hearts point of view.

Generally on KB, fans are acting like they've been held hostage by Romanov and were powerless. They handed the power to him and some of their most prominent backers - like Foulkes etc - were glad to accept Romanov where several clubs had seen through it and told him to bolt. They even had a wee song to sing in praise of their owner and were all to ready to accept the faxes from Kaunas, the bizarre diatribes on their website and looked gratefully on as HMFC enlisted players they couldn't actually afford.

Robinson's proposal was unpalatable at the time but it may conspire to show that in fact, they should have gone with it. The level of personal abuse he had to deal with during and since is extraordinary.

Essentially, they've backed the wrong horse since then, been found out and now it looks like their race has been run. Too bad.

Everything I was about to say, except in less words.

[johnrebus]

Can't believe that gets more space than the chemical incident!

I do not believe that the EEN or the Scotsman will be around much longer.

Desperate times for the MSM.

[Dunderhall]

Does the EN often sell advertising space on the front page? :rolleyes:

[Waxy]

So Massone looks like getting them. But what does he have planned for them? Thats the £100 question.

[BarneyK]

Does the EN often sell advertising space on the front page? :rolleyes:

And did they get the money up front?

[SurferRosa]

Very little focus on doing what is best for the creditors. Or do they really not matter any more?

They dont matter. They are just an obstacle to be removed so that Hearts can carry on saving the Western world.

.....and if they had cared about them in the first place, they would have paid them.

[McSwanky]

You'd think someone might have proof read that article before it went to print. Who is it, 'we' or 'them'?

Terrible article. Looks like something my manager would send me, a blatant copy and paste and a pathetic attempt to change a few words to make it look like he wrote it.

Just when you thought that paper couldn't get any worse, they go and outdo themselves again.

[Springbank]

Idea for Sidney

While Mr Murray won't comment on the hearts shafted creditors (due to his involvement in the takeover) that would seem to me to open up considerable opportunities for his political rivals to speak up for the local people who will lose jobs over hearts inability or refusal to pay the council, university, nhs, police and charities.

They are the real victims.

Do you fancy penning one of your famous letters to kenny mcaskill to seek his views on the plight of the poor local victims whose jobs are now under greater threat due to income shortfalls?

[Ross4356]

If people dont think the News would do that for us if we were in the same situation they are dreaming. Delighted too as FOH are and always have been skint. Liquidation in 10 days

[PapillonVert]

You'd think someone might have proof read that article before it went to print. Who is it, 'we' or 'them'?

Terrible article. Looks like something my manager would send me, a blatant copy and paste and a pathetic attempt to change a few words to make it look like he wrote it.

Just when you thought that paper couldn't get any worse, they go and outdo themselves again.

Could end up being counter-productive as well. If Massone or his advisers read that, they could conclude that FoH itself realises that it is a busted flush and is now down to last-resort desperate measures. The article even begs Massone to team up with FoH, a huge backtrack on their previous position but just about the only thing that might keep them alive until "something turns up" (which it won't but, let's face it, politicians know how to keep hanging on even when it's clear the game is up). Truly desperate.

All just pure conjecture, of course.

BTW, anyone know if the meetings about "revised bids" are still going on?

[steakbake]

If people dont think the News would do that for us if we were in the same situation they are dreaming. Delighted too as FOH are and always have been skint. Liquidation in 10 days

Quite what this will do for Hearts is a matter of debate.

If this was poker, it's a 'tell' which shows one of the players in a head to head has by far the weaker hand.

[HFC 0-7]

If people dont think the News would do that for us if we were in the same situation they are dreaming. Delighted too as FOH are and always have been skint. Liquidation in 10 days

If that was us I am sure there would have been a lot more made out of who was on the creditors list. I am sure our equivalent of southern would be getting asked why he lied about the share issue and self sustaining etc. the media have given hearts an easy time, no difficult questions and is now portraying them as victims. Remorse is not a word in hearts vocabulary and the media are not even going to try and make them add it.

[Treadstone]

Question : Is anyone of a yam persuasion not aware of FoH ?

Answer : No one else wants to pledge. Move along now. Liquidate.

[clerriehibs]

If people dont think the News would do that for us if we were in the same situation they are dreaming. Delighted too as FOH are and always have been skint. Liquidation in 10 days

Sure I remember them giving 'balanced' coverage, ie no outrage, when the mercer (he's deid) show was in town.

[The Falcon]

An obvious attempt to interfere with the bidding process and engineer an outcome which would benefit Hearts to the detriment of their victims in Lithuanian. I hope the Liths are watching all this.

[OrdHibby]

If people dont think the News would do that for us if we were in the same situation they are dreaming. Delighted too as FOH are and always have been skint. Liquidation in 10 days

I personally think the EEN would have highlighted all the charities cheated the nhs, police etc had it been Hibs.

The heading would have been 'Italian Crook After Crooked Hibs'

[Ozyhibby]

Quite what this will do for Hearts is a matter of debate.

If this was poker, it's a 'tell' which shows one of the players in a head to head has by far the weaker hand.

That's exactly what this is. FoH are sitting with a really crappy hand and are hoping that that the other player throws in before they have to play it.

[Gus Fring]

If people dont think the News would do that for us if we were in the same situation they are dreaming. Delighted too as FOH are and always have been skint. Liquidation in 10 days

it's unlikely to happen that quickly.


An obvious attempt to interfere with the bidding process and engineer an outcome which would benefit Hearts to the detriment of their victims in Lithuanian. I hope the Liths are watching all this.

The FoH doesn't benefit Hearts. It's the lowest offer, with the most debt and the daftest business plan. Even if the FoH plans go exactly the way they think they will (no Direct debit cancelations, loans repaid promptly, avoiding relegation) Hearts will still be a mediocre club at best.

We all know that as soon as FoH get control there will be Direct Debit cancellations. I would be very surprised if there aren't people out there who have already done so. The longer this administration lasts the more apathy there will be from the casual supporter.

[OrdHibby]

That's exactly what this is. FoH are sitting with a really crappy hand and are hoping that that the other player throws in before they have to play it.

lol how i'd love to see their hand. It would probably make the comedy stand at the festival :greengrin


it's unlikely to happen that quickly.



The FoH doesn't benefit Hearts. It's the lowest offer, with the most debt and the daftest business plan. Even if the FoH plans go exactly the way they think they will (no Direct debit cancelations, loans repaid promptly, avoiding relegation) Hearts will still be a mediocre club at best.

We all know that as soon as FoH get control there will be Direct Debit cancellations. I would be very surprised if there aren't people out there who have already done so. The longer this administration lasts the more apathy there will be from the casual supporter.

Change your name to Viagra :thumbsup:

[joe breezy]

The Evening News survives on local football news that isn't catered for by the Weedgie press. it's in their interests to back Hibs and Hearts stories from Hibs or Hearts point of view.

They also backed the Hands off Hibs campaign

[Spike Mandela]

http://www.edinburghnews.scotsman.com/news/hearts-bid-news-says-angelo-massone-must-quit-1-3027396

:faf:

OMG that is absolutely toe curling.:jamboak:

Manages to mention that the fan takeover of the club would be up there with their league and cup victories and their winning of the First World War.

Also states that FoH don't have the money but are 'tantalisingly' close. (Massone is clearly tantalisingly closer):rolleyes:

Breathtaking bias, agenda filled, blinkered propaganda with absolutely no humility towards the creditors, charities and tax payers stiffed.

[clerriehibs]

The Evening News survives on local football news that isn't catered for by the Weedgie press. it's in their interests to back Hibs and Hearts stories from Hibs or Hearts point of view.

They also backed the Hands off Hibs campaign

They also gave mercer (he's deid) a platform.


OMG that is absolutely toe curling.:jamboak:

Manages to mention that the fan takeover of the club would be up there with their league and cup victories and their winning of the First World War.

Also states that FoH don't have the money but are 'tantalisingly' close. (Massone is clearly tantalisingly closer):rolleyes:

Breathtaking bias, agenda filled, blinkered propaganda with absolutely no humility towards the creditors, charities and tax payers stiffed.


Also manages to bemoan the previous management ... whilst listing the previous management's tainted cups amongst the achievements.

[AinsterHibs]

That's exactly what this is. FoH are sitting with a really crappy hand and are hoping that that the other player throws in before they have to play it.

Just glad that he's not got leprosy.:wink:

Sorry if this has been asked already, but is the general concensus that the Yam will still be in Admin come Feb or the like?

[rcarter1]

Desperate stuff from the EEN. I think the fact they're singing like canaries reveals they know the game is all but over. There might be some injury time yet; who knows - but I don't see this ending well from a Hearts point of view.

Generally on KB, fans are acting like they've been held hostage by Romanov and were powerless. They handed the power to him and some of their most prominent backers - like Foulkes etc - were glad to accept Romanov where several clubs had seen through it and told him to bolt. They even had a wee song to sing in praise of their owner and were all too ready to accept the faxes from Kaunas, the bizarre diatribes on their website and looked gratefully on as HMFC enlisted players they couldn't actually afford. Evidence of this: the failure to pay tax as due, failure to pay players regularly and stiffing several clubs of money for the players they acquired. Personally, my favourite was the Euros/GBP confusion over the transfer of Beslija.

Robinson's proposal was unpalatable at the time but it may conspire to show that in fact, they should have gone with it. The level of personal abuse he had to deal with during and since is extraordinary.

Essentially, they've backed the wrong horse since then, been found out and now it looks like their race has been run. I do feel sorry for your average fan, like some people in my family who havent missed a home game in years and have supported the team for decades. Unfortunately, thats just too bad.

:top marks Great post. I think to an extent the fans were powerless, but a lot of them were just greedy for the success it brought, hence willing to believe that it would all end just fine. I genuinely hope that if they are liquidated, and lose Tynie they can rebuild, but I'm afraid there's little sympathy for having to start again in the lower leagues.

[TRC]

I also think there is more to come with players that were payed in Lithuania but played for hearts. No source just a hunch I have

[Spike Mandela]

great post by 'the ball is round' :thumbsup:



The EEN comments section is hilarious. 'Wee Fordy' is clearly hurting big time.:faf:

[steakbake]

I also think there is more to come with players that were payed in Lithuania but played for hearts. No source just a hunch I have

Dual contract kind of stuff?

[MB62]

I also think there is more to come with players that were payed in Lithuania but played for hearts. No source just a hunch I have

Is that an abbreviattion of 'pie eyed'? were the Yams on the bevy in Lithuania? :wink:

[Jack]

Can't believe that gets more space than the chemical incident!

To be fair it was probably written then badly edited a few days ago with the intention of running it today.

The fact a couple of pesky tourists decided to take their own lives on the eve of the worlds largest arts festival in the building formerly occupied by the paper probably passed them by.

Maybe I could phone them now with the scoop :D

[Treadstone]

Unashamedly stolen from facebook.

https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn2/968886_553485268020139_1221440659_n.jpg

[YehButNoBut]

Have just stopped laughing at this article from Hearts website in 2009, especially the section copied below.

Warning - anyone reading it may end up with sore sides. :greengrin

http://www.heartsfc.co.uk/articles/20091215/in-safe-hands-fedotovas_2241384_1902130

"Our positive funding arrangement means that it is our own Group that finances Hearts and not external financial institutions. We therefore do not consider this as "real" debt - in simple terms, we owe the money to ourselves as Hearts is owned by UBIG."

[robinp]

Have just stopped laughing at this article from Hearts website in 2009, especially the section copied below.

Warning - anyone reading it may end up with sore sides. :greengrin

http://www.heartsfc.co.uk/articles/20091215/in-safe-hands-fedotovas_2241384_1902130

"Our positive funding arrangement means that it is our own Group that finances Hearts and not external financial institutions. We therefore do not consider this as "real" debt - in simple terms, we owe the money to ourselves as Hearts is owned by UBIG."

edit: Love the photo on that article too:
http://www.heartsfc.co.uk/javaImages/a7/50/0,,10289~7884967,00.jpg
"Pleasing"

Hey Mikey and Admin - Can you have this quote as a default signature for all users, regardless of allegiances? :cb:aok:

[brog]

Can I confess I was one of the sceptics on here who thought we would never actually see a letter from Sidney! Little did I know he was busy writing the EEN front page editorial!! Congrats Sidney, that's a stonker!!!

[Hibercelona]

Have just stopped laughing at this article from Hearts website in 2009, especially the section copied below.

Warning - anyone reading it may end up with sore sides. :greengrin

http://www.heartsfc.co.uk/articles/20091215/in-safe-hands-fedotovas_2241384_1902130

"Our positive funding arrangement means that it is our own Group that finances Hearts and not external financial institutions. We therefore do not consider this as "real" debt - in simple terms, we owe the money to ourselves as Hearts is owned by UBIG."

Somebody should make a copy of that legendary site, before it gets shut down along with the club. :cb

[bodoglimt]

Make sure this link isnt forgotten about
http://news.stv.tv/east-central/107388-hearts-owner-romanov-says-no-to-rangers-newco-in-spl/
Some comedy gold


:cb

[Gus Fring]

Unashamedly stolen from facebook.

https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn2/968886_553485268020139_1221440659_n.jpg

There's a great scene in The Damned United where that quote comes up. I wish every football manager had this attitiude


http://youtu.be/dYBj_qAJtRA

[robinp]

Make sure this link isnt forgotten about
http://news.stv.tv/east-central/107388-hearts-owner-romanov-says-no-to-rangers-newco-in-spl/
Some comedy gold


:cb

Well Said Mr Romanov:


"As regards the club itself, we can only express our deepest condolences to its supporters, who have been lied to for so many years.
....
Mr Romanov added: "Supporters deserve a new beginning and have to accept the fact that their club has to start from the lower league, keeping order in the SPL and without creating unfair competition with other clubs."

[Ozyhibby]

Ignoring the frozen shares issue (everyone else is), it is clear that FoH have reached the limit of what they can offer and that it's not enough.
Why do they not amend their bid and make it for the club only?
That way they retain their history and SPFL prem status.
The route they are taking could see them lose everything.

[lord bunberry]

It beggars belief that they have brought up the first world war again, have they no shame?

[BarneyK]

It beggars belief that they have brought up the first world war again, have they no shame?

:agree: You would imagine that those folks long departed would be absolutely spinning in their graves at the way the Yams have gone about things. A long, long way from that club they knew.

[Dunderhall]

Ignoring the frozen shares issue (everyone else is), it is clear that FoH have reached the limit of what they can offer and that it's not enough.
Why do they not amend their bid and make it for the club only?
That way they retain their history and SPFL prem status.
The route they are taking could see them lose everything.
That may well be plan B, but they would lose a good number of pledges IMO.
Keep the illusion going as long as possible.

[rcarter1]

That may well be plan B, but they would lose a good number of pledges IMO.
Keep the illusion going as long as possible.

That sounds about right. I suspect they will end up taking a mortgage or something to tide themselves over, but I suppose it makes no sense to alarm the Hearts fans, rather keep the next delusion going "We're gonna be debt free!!". They love a delusion that lot..

[CraigHibee]

It beggars belief that they have brought up the first world war again, have they no shame?

how ironic that they won the war but cant pay for poppies!

[steakbake]

how ironic that they won the war but cant pay for poppies!

It's not so much that they couldn't, it's more that they didn't because the money was presumably lining the pockets of either their owners or overpaid star players.

[jacomo]

It beggars belief that they have brought up the first world war again, have they no shame?

Nope. Leaving the tax payer out of pocket in both Scotland and Lithuania (thereby denying funds to the armed forces and other services) is what all respectful, war-winning organisations do.

The Yams brought this on themselves. They didn't have to allow Romanov in to start with, and then they refused countless opportunities to organise against him during his tenure.

When we pointed out the trouble they were in, it was met by 'we owe it to ourselves' and 'youse are just bitter Hobos'.

Not surprising some are playing the victim card now, but it is quite wrong.

[Dunderhall]

That sounds about right. I suspect they will end up taking a mortgage or something to tide themselves over, but I suppose it makes no sense to alarm the Hearts fans, rather keep the next delusion going "We're gonna be debt free!!". They love a delusion that lot..
FoH are pretty good at illusion as well.
Their opening gambit was pledge, you'll own the club, we'll be debt free and your money will be used as extra cash to help the club.

Now it's your cash will be used to pay off the debt to buy the club, oh and there is the 500K football debt.
6000 pledges was enough to buy the club at one point remember.

Ive not seen anyone state (BDO mainly) say that they have to capital to fund them til Feb if they remained in admin that long.
FoH could have had the best part of a years pledges by then but chose not to.
Christmas present raffle anyone?

[Hibby Kay-Yay]

That sounds about right. I suspect they will end up taking a mortgage or something to tide themselves over, but I suppose it makes no sense to alarm the Hearts fans, rather keep the next delusion going "We're gonna be debt free!!". They love a delusion that lot..

A mortgage secured on what though?

[rcarter1]

A mortgage secured on what though?

Id presume if they were to take a mortgage on Tynecastle they could raise a few million?

[Kojock]

Id presume if they were to take a mortgage on Tynecastle they could raise a few million?

The original comment was for FOH to amend their bid and buy the CLUB only. So they wouldn't be able to mortgage the Asbestos Arena.

[Eyrie]

I think BDO said that they would be able to make it through to Christmas, presumably because once the season starts they will receive money from the SPL in addition to the normal ticket money. I assumed that meant that they were hoping to have sold the Yams by then, meaning that funding for the second half of the season would be the responsibility of the new owner, but Birch's comments yesterday about them still being in administration in February seems to rule that out.

I'll make a bold prediction. Massone is the only one offering enough hard cash up front to satisfy the secured creditor. He'll then offer the club to Save Hearts In Trouble for a nominal sum because he has no interest in a football team and this avoids the fit and proper person test. And he'll offer to let them play rent free at the PBS for a couple of seasons providing they support his planning application for housing, because he knows that they have nowhere else to go and with the main supporters group muzzled, the process will be quicker.

End result is a financially restricted Yams surviving on bake sales and any DDs that haven't been cancelled as they groundshare at Livingston and play in the lower divisions.

[rcarter1]

The original comment was for FOH to amend their bid and buy the CLUB only. So they wouldn't be able to mortgage the Asbestos Arena.

Apologies, Im clearly misunderstanding the situation. If they do that and relinquish Tynecastle are they planning to groundshare?

[Hibby Kay-Yay]

Unlikely they can afford the ground and the club though. If they go for just the club a mortgage is highly unlikely as is any loan.

[Eyrie]

Unlikely they can afford the ground and the club though. If they go for just the club a mortgage is highly unlikely as is any loan.

They wouldn't need a mortgage for the club - weren't Huns RIP sold for a quid?

[steakbake]

A mortgage secured on what though?

Delusions...

[rcarter1]

Delusions...

:tee hee::applause:

[greenginger]

Have just stopped laughing at this article from Hearts website in 2009, especially the section copied below.

Warning - anyone reading it may end up with sore sides. :greengrin

http://www.heartsfc.co.uk/articles/20091215/in-safe-hands-fedotovas_2241384_1902130

"Our positive funding arrangement means that it is our own Group that finances Hearts and not external financial institutions. We therefore do not consider this as "real" debt - in simple terms, we owe the money to ourselves as Hearts is owned by UBIG."

Could the words not be used on a Yam Epitaph Stone behind the East. :greengrin

[Dunderhall]

I think BDO said that they would be able to make it through to Christmas, presumably because once the season starts they will receive money from the SPL in addition to the normal ticket money. I assumed that meant that they were hoping to have sold the Yams by then, meaning that funding for the second half of the season would be the responsibility of the new owner, but Birch's comments yesterday about them still being in administration in February seems to rule that out.

I'll make a bold prediction. Massone is the only one offering enough hard cash up front to satisfy the secured creditor. He'll then offer the club to Save Hearts In Trouble for a nominal sum because he has no interest in a football team and this avoids the fit and proper person test. And he'll offer to let them play rent free at the PBS for a couple of seasons providing they support his planning application for housing, because he knows that they have nowhere else to go and with the main supporters group muzzled, the process will be quicker.

End result is a financially restricted Yams surviving on bake sales and any DDs that haven't been cancelled as they groundshare at Livingston and play in the lower divisions.
One major source of funding would be the SPFL sponsorship cash normally given in Aug, remind me how that's getting on.

I don't think Massone would need club's support wrt planning application either way.
it would probably be better if it was allowed to deteriote even more, and the Yams still playing their would be an incentive to decline permission.

Do not pass go and straight to Livingston sounds OK.

[greenginger]

Dual contract kind of stuff?

It was clearly reported in the EEN that Skacel only returned to the Hearts after securing a private deal with Vlad.

In his court case with his agent at Edinburgh Sheriff Court it was stated in evidence his salary as per hie registered contract was 3000 pounds/week, which would have made him the lowest paid senior player.

There has to be evidence in UBIG´s books of payments to a Mr R. Skacel ( tax free of course ) but would the SFA/SPFL give a monkeys even if the paperwork was shoved in their faces.

[OrdHibby]

It beggars belief that they have brought up the first world war again, have they no shame?

They quotes are a complete slap in the face to every other man & boy who fought and died in that war. Makes me hate hawrts all the more.

[1875er]

It was clearly reported in the EEN that Skacel only returned to the Hearts after securing a private deal with Vlad.

In his court case with his agent at Edinburgh Sheriff Court it was stated in evidence his salary as per hie registered contract was 3000 pounds/week, which would have made him the lowest paid senior player.

There has to be evidence in UBIG´s books of payments to a Mr R. Skacel ( tax free of course ) but would the SFA/SPFL give a monkeys even if the paperwork was shoved in their faces.

Sidney!!!! :-)

[Ozyhibby]

It was clearly reported in the EEN that Skacel only returned to the Hearts after securing a private deal with Vlad.

In his court case with his agent at Edinburgh Sheriff Court it was stated in evidence his salary as per hie registered contract was 3000 pounds/week, which would have made him the lowest paid senior player.

There has to be evidence in UBIG´s books of payments to a Mr R. Skacel ( tax free of course ) but would the SFA/SPFL give a monkeys even if the paperwork was shoved in their faces.

No, that's the last thing the SFA want.

[ballengeich]

There has to be evidence in UBIG´s books of payments to a Mr R. Skacel ( tax free of course ) but would the SFA/SPFL give a monkeys even if the paperwork was shoved in their faces.

I admire your confidence in the integrity of UBIG's books:greengrin

[MyJo]

I admire your confidence in the integrity of UBIG's books:greengrin

Books??

http://gs.delfi.lt/images/pix/300x188/d6389f7b/file52341879_d8a652ca.jpg

[steakbake]

They quotes are a complete slap in the face to every other man & boy who fought and died in that war. Makes me hate hawrts all the more.

You should look up "hyperbole"... then Sid should use it in one of his letters.

[Dunderhall]

You should look up "hyperbole"... then Sid should use it in one of his letters.
El Sid and co should look up Bathos, it may be more appropriate in the circumstances.

[Pedantic_Hibee]

At least we had Christos Karipidis............

http://gs.delfi.lt/images/pix/300x188/d6389f7b/file52341879_d8a652ca.jpg

[John_the_angus_hibby]

It beggars belief that they have brought up the first world war again, have they no shame?

No. They just don't.

[sidneyhibbie]

El Sid and co should look up Bathos, it may be more appropriate in the circumstances.

Sidney likes this El Sid name but i also really like the Hissing Sid name as i have a sting in the tail that the yam fuds will feel when my work is done and the PBS is a car park then i will save up and go to Spain on a Holiday and i can then be El Sid.

Sidney :hnet:
:not worth

[semaj64]

Sidney likes this El Sid name but i also really like the Hissing Sid name as i have a sting in the tail that the yam fuds will feel when my work is done and the PBS is a car park then i will save up and go to Spain on a Holiday and i can then be El Sid.

Sidney :hnet:
:not worth

Scorpion has a sting in tail snake would be fangs more associated with Dracula or Vlad the impaler

[kdhibees1]

Sidney likes this El Sid name but i also really like the Hissing Sid name as i have a sting in the tail that the yam fuds will feel when my work is done and the PBS is a car park then i will save up and go to Spain on a Holiday and i can then be El Sid.

Sidney :hnet:
:not worth
Enjoying calamari - Sid, the Squid and his venomous ink :wink:

[HibbySpurs]

Books??

http://gs.delfi.lt/images/pix/300x188/d6389f7b/file52341879_d8a652ca.jpg

Hahahaha, brilliant.

[monktonharp]

Robinson's proposal was unpalatable at the time but it may conspire to show that in fact, they should have gone with it. The level of personal abuse he had to deal with during and since is extraordinary.
.[/QUOTE] he is one, in a line of HMFC chairmen, born to take personal abuse.:wink:

[HibeesLA]

Where is my letter from Sidney??

http://gs.delfi.lt/images/pix/300x188/d6389f7b/file52341879_d8a652ca.jpg

[PapillonVert]

If Massone or his advisers read that, they could conclude that FoH itself realises that it is a busted flush and is now down to last-resort desperate measures.

Someone called Victor Vega or something similar has taken this on the EEN website and claimed it as their own!

To be clear! Whoever has done this has NOTHING to do with me!!!

[R'Albin]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin)3m (https://twitter.com/BBCBMcLauchlin/status/363398308083281920)
Lithuanian prosecutors issue arrest warrant for former Hearts owner Vladimir Romanov.#bbcsportscene (https://twitter.com/search?q=%23bbcsportscene&src=hash)

[Billy Whizz]

Breaking news on BBC Sportsound re Vladimir Romanov coming up

[OrdHibby]

Where is my letter from Sidney??

http://gs.delfi.lt/images/pix/300x188/d6389f7b/file52341879_d8a652ca.jpg

Can this be used as an icon for 'WTF' or WHY .. or how the **** should i know :greengrin

[Mikey]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin)3m (https://twitter.com/BBCBMcLauchlin/status/363398308083281920)
Lithuanian prosecutors issue arrest warrant for former Hearts owner Vladimir Romanov.#bbcsportscene (https://twitter.com/search?q=%23bbcsportscene&src=hash)

:lurksub:

[CallumLaidlaw]

@BBCBMcLauchlin: Prosecutors in Lithuania have found a property in Russia they believe is owned by Romanov valued at £50 million. #bbcsportscene

[SkintHibby]

Of all the clubs 'Mr Romanov' could have bought into he chose.......

Hearts!

Thank you, thank you, thank you god!!!:cheers:

[Greentinted]

The Vladfather speaks

10775

"They thought they were out...but I dragged them back in"

[Pretty Boy]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin)3m (https://twitter.com/BBCBMcLauchlin/status/363398308083281920)
Lithuanian prosecutors issue arrest warrant for former Hearts owner Vladimir Romanov.#bbcsportscene (https://twitter.com/search?q=%23bbcsportscene&src=hash)

Do Hearts fans still like Mr Romanov even now?

Surely an arrest warrant that gives some kind of 'official' suspiscion that he's nothing but a shady conman will have even the most deluded sheep getting ready to revise history again.

'vlad?'
'never liked him.'

[Sergey]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin)3m (https://twitter.com/BBCBMcLauchlin/status/363398308083281920)
Lithuanian prosecutors issue arrest warrant for former Hearts owner Vladimir Romanov.#bbcsportscene (https://twitter.com/search?q=%23bbcsportscene&src=hash)

<cough> I posted this on the PM forum a month ago.

He (VR) was last seen in Grozny - Roman is in London and Fedotovas is 'missing in action'.

In Lithuania I Trust.

[nribs]

@BBCBMcLauchlin: Prosecutors in Lithuania have found a property in Russia they believe is owned by Romanov valued at £50 million. #bbcsportscene
How the **** do you hide a £50m property anyway???

[OrdHibby]

How the **** do you hide a £50m property anyway???


Easy . Hawrts have hid a £50M main stand :aok:

[Hermit Crab]

Russia's a big place.