Share Transfers Agreed/Cooling off period

[Part/Time Supporter]

http://www.dailyrecord.co.uk/news/scottish-news/hearts-owner-vladimir-romanov-refuses-2011254

Romanov refuses to apologise


Hearts owner Vladimir Romanov refuses to apologise for abandoning Tynecastle club
30 Jun 2013 00:01

AFTER being tracked down by the Sunday Mail, the Lithuanian tycoon shrugged of responsibility for Hearts' state of crisis, and said he didn't want to talk about the club.

ELUSIVE Hearts owner Vladimir Romanov yesterday refused to apologise for abandoning the crisis-hit club. In his first public statement since the club were placed in administration, the 67-year-old claimed the crisis at Tynecastle was nothing to do with him.

After being tracked down by the Sunday Mail, Romanov said: “They have a new director. I’m far away from Edinburgh. What do I have in common with this?”

The future of the Edinburgh side is in doubt after they went into administration with debts of £25million. Mystery surrounds the whereabouts of Romanov, who is suspected of embezzling £12.5million after the collapse of a bank he owns in his native Lithuania. The last news of him was in May after he suffered a stroke and was treated in hospital in Moscow. Last week, the Sunday Mail managed to contract Romanov by phone. He would not say where he was. We asked if he is sorry for what has happened at Hearts during his eight-year ownership and if he accepted any blame for the club’s difficulties. But after giving his curt reply, he hung up.

When we phoned him back to ask again what he thinks about Hearts’ situation, Romanov repeated several times: “Can you understand me? I don’t want to communicate. I don’t want to talk.”

Our Lithuanian reporter Salunas Balota, who spoke to Romanov in Russian, said: “His voice was not happy at all. He sounded as if he was tired. He certainly talked without his usual arrogance.”

Yesterday, Romanov’s luxury home in Kaunas, Lithuania, lay empty. The £1million three-storey white house is in the exclusive Zaliakalnis district a few minutes from the centre of Kaunas. Last week, there was no answer at the house he shares with his wife. But two top-of-the-range Mercedes were parked in the driveway. Security staff who are normally on patrol to deter unwanted visitors were also absent. A young man who lived nearby told us he hadn’t seen his neighbour for a long time. He added: “I think I saw him a few months ago. Now, I see only a gardener working in the yard.”

Romanov was told in April by the Lithuanian Financial Crime Investigation Service that he was to be investigated on the Ukio Bankas embezzlement allegation. He was due to meet prosecutors in the capital, Vilnius, on May 2 to discuss the allegations but failed to turn up. His lawyers said Romanov had suffered a stroke and was too ill to attend. His non-appearance could lead to the Lithuanian authorities issuing an international arrest warrant. It has also been claimed that Romanov is under the protection of bodyguards connected to former warlord and now Chechen president Ramzan Kadyrov. He is said to have sought protection after Russian gangsters lost millions of pounds when Ukio Bankas went bust. The FBI found links to Ukio Bankas while investigating money laundering.

Romanov became the majority shareholder in Hearts in 2005. He put the Tynecastle club up for sale 18 months ago. Ukio Bankas are owed £15million by Hearts. Another bust Romanov firm, UBIG, are owed £10million. Romanov has been in denial about Hearts’ debts for some time. When the Sunday Mail tracked him down in Lithuania in November, he said reports about the side’s financial problems were all llies. Administrators have set a date of July 12 for interested parties to submit bids for the club. It is thought there are at least three potential bidders, including fans’ group the Foundation of Hearts. Shirt sponsors Wonga advanced part of next season’s sponsorship money, thought to be around £90,000, to help out the club. Hearts need to raise around £800,000 through the sale of 3000 extra season tickets to see their way through to the start of the new season. More than 1500 season tickets have been sold so far. The side will start next season with a 15-point penalty.

[Part/Time Supporter]

Have we had an overall debt figure yet? I assume this is mandatory as part of the pre CVA stage therefore we would expect to see something public in next few days before bids (cough cough) come flooding in?

You will only get a list of creditors if/when a formal CVA proposal is prepared. The 12 July deadline is for bids to be made. Any bids would then be considered and the administrator would then nominate a preferred buyer. After further talks between them a CVA would be prepared.

[greenginger]

Vlad cannot be too deep undercover if he is still using the same mobile phone number. :confused:

[Treadstone]

Vlad cannot be too deep undercover if he is still using the same mobile phone number. :confused:

"He is said to have sought protection after Russian gangsters lost millions of pounds when Ukio Bankas went bust. The FBI found links to Ukio Bankas while investigating money laundering."

Russian gangsters and the FBI ? That'll be that then.:bye:

[Sprouleflyer]

Looks like Hearts are trying to keep Danny Wilson.

http://www.dailymail.co.uk/sport/football/article-2351732/Troubled-Hearts-launch-11th-hour-bid-defender-Danny-Wilson.html

Troubled Hearts launch 11th-hour bid to keep defender Wilson

Hearts' administrators BDO were attempting to secure a shock deal which would see Danny Wilson continue to play for the club next term.

Wilson spent the second half of last term on loan at Tynecastle from Liverpool but a pre-contract deal to sign the defender for a further three years had to be scrapped when the Gorgie outfit was plunged into administration earlier this month.

Following the insolvency event, the club are subject to a transfer embargo but Wilson is still technically a Hearts player until his registration runs out at midnight on Sunday.

The release of John Sutton, who opted to leave the club for Motherwell rather than take a wage cut, has freed up room in BDO's budget and they were in talks on Saturday with the SPFL and SFA to secure what would effectively be a contract extension with Wilson.
The move is sure to be controversial given the severe cost-cutting by BDO at Tynecastle, which has included the redundancies of 14 non-playing staff.

However, the 21-year-old enjoyed his brief spell at Hearts last term and is understood to be willing to stay on significantly reduced terms from the deal struck with the previous regime.

Wilson, who switched to Anfield from Rangers in a £3million transfer in 2010, views his next move as a purely footballing decision and, despite Hearts being hit with a 15-point penalty and facing a fight against relegation, is willing to start again in Edinburgh.


Either Wilson is crazy or nobody else is interested in him and earning something is better than earning nothing!

[greenginger]

Wilson to stay at the yams?

Couldn't make it up.....

They could play him if they come out of admin. and don't get an extended signing ban,

or...... play him as a trialist if they get relegated after liquidation. :thumbsup:

[Heisenberg]

They shouldn't be bloody allowed to sign another player whilst in admin, they then should have a ban placed upon them to stop signings for a year with a hefty fine too. Would be ridiculous if they were allowed to sign anyone.

[Hibernia Na Eir]

Utterly astonishing.

[Drewster]

They shouldn't be bloody allowed to sign another player whilst in admin, they then should have a ban placed upon them to stop signings for a year with a hefty fine too. Would be ridiculous if they were allowed to sign anyone.

Alan Preston acting in the best interests of his client - hahahaha!!!!!!!!

[Hibernia Na Eir]

Either Wilson is crazy or nobody else is interested in him and earning something is better than earning nothing!

I read yesterday that Dundee Utd were after him

[Part/Time Supporter]

Reads like they would have to agree a contract with him today to be allowed to do this, because he becomes a free agent tomorrow. If/when he becomes a free agent he would have to be registered and they can't do that while in administration.


They shouldn't be bloody allowed to sign another player whilst in admin, they then should have a ban placed upon them to stop signings for a year with a hefty fine too. Would be ridiculous if they were allowed to sign anyone.

They're trying to exploit the loophole that he wouldn't be a "new" signing (at least until today). They aren't allowed to sign anybody who isn't already registered with Hearts.

[Hibernia Na Eir]

tells you everthing, they are desperate and keekin themselves for the coming season

[Beefster]

I'm sure the office staff who lost their low paid jobs at Tynecastle won't mind their wages funding the recruitment of Danny Wilson.

Classy.

[Hibercelona]

"He is said to have sought protection after Russian gangsters lost millions of pounds when Ukio Bankas went bust. The FBI found links to Ukio Bankas while investigating money laundering."

Russian gangsters and the FBI ? That'll be that then.:bye:

Perhaps somebody should show some of these gangsters what Vlad makes of the mafia in some of his articles. :wink:

[Part/Time Supporter]

I read yesterday that Dundee Utd were after him

Reported in The [Mickael Antoine] Courier.

http://www.thecourier.co.uk/sport/football/dundee-united/dundee-united-in-chase-for-danny-wilson-and-kris-boyd-1.108214

[hibseleven]

Hmmm. Ticket sales must really be stalling down at the bus shelter....

[johnbc70]

When you hear stories like this it tips the balance between I hope they survive and limp on for years and years as a shambles of a club and I hope they just die and become no more. I hope they die and become no more. #onecityoneteam

[brydekirk]

Reads like they would have to agree a contract with him today to be allowed to do this, because he becomes a free agent tomorrow. If/when he becomes a free agent he would have to be registered and they can't do that while in administration.



They're trying to exploit the loophole that he wouldn't be a "new" signing (at least until today). They aren't allowed to sign anybody who isn't already registered with Hearts.
Is he not still contracted to Liverpool until tonight?

[Cabbage East]

Mikey Forrester? Russian sailors?

[Big_Franck]

Another Boyd/Goodwillie situation I think. Season ticket sales must have slowed, and news that they might not be as ***** next year as some of them had feared might increase sales. No doubt they will fall for it hook, line and sinker, again.

They can't be liquidated soon enough.

[Kaiser1962]

Reads like they would have to agree a contract with him today to be allowed to do this, because he becomes a free agent tomorrow. If/when he becomes a free agent he would have to be registered and they can't do that while in administration.


Can they do this just having made Sutton redundant? There is talk of four other players but I must have missed them being named, if one of them was a centre half, or could even have played there (they have used Sutton as a makeshift ch at times) surely they cant take someone on without offering the position to one of those that has just lost their job.

Having failed to honour the contracts of employees, by "asking" them to take wage reductions, it would be hugely inappropriatefor the SFA/SPL/SPFL to sanction this move. Why dont they use the money to honour contracts already in place or to pay some bills?

Scandalous if true IMO.

Edit; I would also add that they have been trying to punt Sutton for a few seasons now, having lured him from Motherwell with a mega contract (beating others to his signature), before it became apparent that they didnt know how to play him. Sutton sits tight so they eventually make him redundant. Diabolical and dishonourable shambles of a club.

[Hibee87]

He's not registered with the SPL to play for hearts, that's a FACT. they have a signing embargo and CANT register any players until further notice. All a lot o pish imo.....

[ScottB]

Surely a nonsense piece to appease the puddle drinkers. Why on earth would BDO seek to add to a cost base they've previously said will have to be slashed still further if money doesn't come in?

I mean I suppose they could view a stronger squad as maybe being more attractive to a buyer, but still. Also I can't see how Wilson could be viewed as a contract extension. Webster or Zal certainly would be, but Wilson is not, nor ever has been contracted to Hearts.

[rcarter1]

Mikey Forrester? Russian sailors?

:tee hee:

[Kaiser1962]

I don't think it really matters anyway. The question is how much cash have they generated and whether that is enough to sustain them through the administration period. Only BDO can answer that really. My guess is that if they sell 3000+ (their aspiration) that would give them more than enough to see them through the next 3-4 months, as accountants tend to be conservative in their estimates. This is unlike the shysters who were in charge before.

Selling a lower number, while not ideal, should still give them enough breathing space to continue operations. It just means the staff won't get their wages as quickly as they would like, as other bills (particularly HMRC) will take higher priority. Alternatively BDO may have to explore other options to get cash in and/or cut costs, eg selling a player for a low fee. The only way IMO that BDO would have said "there's no cash coming in, therefore we have to close the doors" would have been if there had been hardly any response to their appeal.

I think there is a psychological issue (isn't there just!) that they have put the 3000 out there as a target and failing to then hit it would enable us to totally rip the urine for a long, long time as well as being another embarassing failure of the Yam hordes.

Locke is claiming that Tynecastle will be full every week when, under similar circumstances, they failed to do this towards the end of last season struggling to get 12000, a figure which included all ST's whether they were there or not.

[Hibee87]

Surely a nonsense piece to appease the puddle drinkers. Why on earth would BDO seek to add to a cost base they've previously said will have to be slashed still further if money doesn't come in?

I mean I suppose they could view a stronger squad as maybe being more attractive to a buyer, but still. Also I can't see how Wilson could be viewed as a contract extension. Webster or Zal certainly would be, but Wilson is not, nor ever has been contracted to Hearts.

exactly, sounds like #Allisbarry is feedin pish to other journos to take the spotlight away from him :wink:

[sidneyhibbie]

this can not be allowed to happen BDO Are not acting in the best interest of the creditors by adding to the out goings i wonder what HWU Would think off this.

[woodythehibee]

I reckon this is just propaganda to shift more season tickets. Almost embarrassing really.

[sidneyhibbie]

"He is said to have sought protection after Russian gangsters lost millions of pounds when Ukio Bankas went bust. The FBI found links to Ukio Bankas while investigating money laundering."

Russian gangsters and the FBI ? That'll be that then.:bye:

The more stuff like this comes out the more bizare the situation is over in yamland and their no doubt will be more now that the books have been opened it would not surprise me if their is a film made about mad vlad and his antics.

And they wanted to build a statue of him :confused:

[Phil D. Rolls]

Don't think there are any coaching staff left, he no longer has an assistant manager, mind you I did notice that John Robertson, Billy Brown and Gary Mackay have all offered him their help free of charge, that would be a great dug out to abuse next season. :greengrin

http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4990153/Heroes-are-all-Hearts.html

Medals hasn't missed an opportunity to show his support for Locke.

Appears medals sits in a bit of the Asbestos Stand frequented by a group known as The Midlothian Mafia. They are called this because of the town they all cone from.

They hounded out Fester and are unflinching in their support for GL. Reckon MacKay has been sooking up to this shower, as he really fancies a paying job at the PBS.

Offering your services free, when no-one is getting paid anyway, is surely a golden opportunity to get in the back door.

Locke and Medals at the helm. It doesn't get much better than that.


The more stuff like this comes out the more bizare the situation is over in yamland and their no doubt will be more now that the books have been opened it would not surprise me if their is a film made about mad vlad and his antics.

And they wanted to build a statue of him :confused:

:hmmm: why do you think that was?

[truehibernian]

Wouldn't bother me at all in a football sense, Danny has always been over rated and didn't do anything to impress whilst on loan. Another OF hyped player who flatters to deceive, hence I call him Danny Slipup - he's always prone to horrendous errors.

In a moral sense, would simply reaffirm that ineptitude of Scottish football's management and authorities.

[Heisenberg]

Don't think there are any coaching staff left, he no longer has an assistant manager, mind you I did notice that John Robertson, Billy Brown and Gary Mackay have all offered him their help free of charge, that would be a great dug out to abuse next season. :greengrin

http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4990153/Heroes-are-all-Hearts.html

I really hope Billy Brown is in their dug out next season. Nothing would please me more than seeing that wee walloper with his face tripping him as we slot in our goals. Always has been and always will be a Jambo.

[Gatecrasher]

I'm sure the office staff who lost their low paid jobs at Tynecastle won't mind their wages funding the recruitment of Danny Wilson.

Classy.
just what I was about to post, They are Shameless.

[fat freddy]

The more stuff like this comes out the more bizare the situation is over in yamland and their no doubt will be more now that the books have been opened it would not surprise me if their is a film made about mad vlad and his antics.

And they wanted to build a statue of him :confused:




Some of them still want the statue, Vlad is still worshipped by many over in yamland despite his obvious criminal intent. :ostrich:

[leithsansiro]

I did notice that John Robertson, Billy Brown and Gary Mackay have all offered him their help free of charge, that would be a great dug out to abuse next season

What an awesome backroom staff, truly motivational stuff. Surely the champions-elect cannot possibly fail while being guided by this collection of saviour wannabes.

Bring on the derby at Easter Road!!

[brog]

Medals hasn't missed an opportunity to show his support for Locke.

Appears medals sits in a bit of the Asbestos Stand frequented by a group known as The Midlothian Mafia. They are called this because of the town they all cone from.

They hounded out Fester and are unflinching in their support for GL. Reckon MacKay has been sooking up to this shower, as he really fancies a paying job at the PBS.

Offering your services free, when no-one is getting paid anyway, is surely a golden opportunity to get in the back door.

Locke and Medals at the helm. It doesn't get much better than that.



Gonna stop doing that please??!! Not a nice thought on a glorious Sunday darn sarf!

[brog]

The more stuff like this comes out the more bizare the situation is over in yamland and their no doubt will be more now that the books have been opened it would not surprise me if their is a film made about mad vlad and his antics.

And they wanted to build a statue of him :confused:




We'll take over that project!!

[easty]

No doubt if they can't sign him then theyll lay the blame completely with Petrie...cos he has it in for them.

[Col2]

No doubt if they can't sign him then theyll lay the blame completely with Petrie...cos he has it in for them.

I hope they do blame petite and I hope Petrie, given the chance, hammers the cheating low life ****.

[Hibercelona]

I reckon this is just propaganda to shift more season tickets. Almost embarrassing really.

Not almost embarrassing at all. Simply embarrassing.

[frazeHFC]

Looks like Hearts are trying to keep Danny Wilson.

http://www.dailymail.co.uk/sport/football/article-2351732/Troubled-Hearts-launch-11th-hour-bid-defender-Danny-Wilson.html

Troubled Hearts launch 11th-hour bid to keep defender Wilson

Hearts' administrators BDO were attempting to secure a shock deal which would see Danny Wilson continue to play for the club next term.

Wilson spent the second half of last term on loan at Tynecastle from Liverpool but a pre-contract deal to sign the defender for a further three years had to be scrapped when the Gorgie outfit was plunged into administration earlier this month.

Following the insolvency event, the club are subject to a transfer embargo but Wilson is still technically a Hearts player until his registration runs out at midnight on Sunday.

The release of John Sutton, who opted to leave the club for Motherwell rather than take a wage cut, has freed up room in BDO's budget and they were in talks on Saturday with the SPFL and SFA to secure what would effectively be a contract extension with Wilson.
The move is sure to be controversial given the severe cost-cutting by BDO at Tynecastle, which has included the redundancies of 14 non-playing staff.

However, the 21-year-old enjoyed his brief spell at Hearts last term and is understood to be willing to stay on significantly reduced terms from the deal struck with the previous regime.

Wilson, who switched to Anfield from Rangers in a £3million transfer in 2010, views his next move as a purely footballing decision and, despite Hearts being hit with a 15-point penalty and facing a fight against relegation, is willing to start again in Edinburgh.




How can they have any sort of budget? Any cash they have should be sent to the companies to which they owe money too.

[Col2]

How can they have any sort of budget? Any cash they have should be sent to the companies to which they owe money too.

Not to mention to mention the existing staff and players as well as the 14 admin staff who will be owed cash.

Story must be absolute rubbish.

[Keith_M]

I realise the lad is a decent enough player for his age but, did Liverpool REALLY pay 3M quid for him?

If so, the only thing that proves is that English clubs have far too much money.

[GlenrothesHibee]

Abysmal if this is allowed to happen. If i had friends or family at Hearts who had just been made redunant i'd be livid. Why do this club and their associates constantly bring shame apon themselves? Staggering thing to even contemplate in the circumstances:fuming:

[SmithyHibee]

Brian McLauchlin just confirmed it on Twitter

https://twitter.com/BBCBMcLauchlin/status/351300385144709123

[Spike Mandela]

Brian McLauchlin just confirmed it on Twitter

What? The signing or attempt to sign him?

Edit.....just seen it. Wow the authorities really know how to use financial fair play. Farce.

[SmithyHibee]

What? The signing or attempt to sign him?

The signing apparently, see link on edited post

[Heisenberg]

Hearts have a registration embargo and are still able to register players. Seems fair.

[NOLA]

If I was one of the hertz players who agreed a wage cut to help the club out then heard this news I'd be raging

[Capt Mainwaring]

Hearts have a registration embargo and are still able to register players. Seems fair.

Fair on the basis that Wilson is already registered with them.

I'm sure the 14 people made redundant already are delighted!!

[Thecat23]

He's bang average, their own fans weren't convinced about him last year. With Webster and Zal away hearts will be very pish at the back trust me.

[Part/Time Supporter]

Hopefully he received assurances about their long term financial future again!

:wink:

[KanyeWestLower]

He's bang average, their own fans weren't convinced about him last year. With Webster and Zal away hearts will be very pish at the back trust me.

Not bothered about hearts getting a decent defender. Just the fact that they are supposed to have a transfer embargo is sickening

[Thecat23]

Not bothered about hearts getting a decent defender. Just the fact that they are supposed to have a transfer embargo is sickening

I think it's because the contract was signed pre admin. That's why the yams have been allowed to keep him. Could be wrong but that's the only way I can see it mate.

[Hibs07p]

Also on their official site.

http://www.heartsfc.co.uk/articles/20130630/danny-stays-a-jambo_2241384_3223983

I am sure this could be revised tomorrow, after the "Rally" fails to attract the required response.
Totally unbelievable if allowed to happen. I suppose the other side of it is that it's another wage that won't get paid fully / on time for another **** player, reducing their income.

GGTTH

[Northernhibee]

Even if they make the start of the new season we'll still put double digits past them and it'll be with one more wage for them to pay.

[Archie70]

They're obviously going to try and make a quick buck and punt him on and he gets a chunk of the sell on fee.

[Capt Mainwaring]

Wilson was average at best last year playing in a more experienced team THAT FINISHED 10th!!!

He's no superstar and the remains of their squad remain threadbare with absolutely no cutting edge up front at all.

Chill out sports fans and let them worry about next season

[Heisenberg]

Fair on the basis that Wilson is already registered with them.

I'm sure the 14 people made redundant already are delighted!!

Ah I've just realised how they've got round it then. He wasnt anything special last season but I suppose he'll be better than the other Mcgowan brother.

[Thecat23]

Even if they make the start of the new season we'll still put double digits past them and it'll be with one more wage for them to pay.

Unless we get 2 new descent strikers in we will be lucky to put one past them. Still think we'll beat them but I can see another 2-1 or 1-0.

[lucky]

If Wilson signs for them then is a bigger fool than Stevenson. But cant see how this will be allowed. I don't really rate him but he did play well enough for the Rangers in the CL and Liverpool paid £3m for him. I can only think that the Yams think if he plays well they can sell him on with him getting a slice of it. But how can this be allowed?

[HUTCHYHIBBY]

At the risk of repeating myself.... again..... BDO won't get paid until Tynecastle is sold.

Lol! You've got to laugh Crops!

[Dunderhall]

Yams website confirms.


The Scotland international's contract with the Anfield outfit expires today (Sunday, June 30) but he will keep featuring in maroon after the SPFL confirmed that his registration will continue.
Although the current administration which the club is subject to has meant an embargo on new player registrations, as the 21-year-old is already registered with the club there is no restriction on his move from Liverpool to Hearts.

[Spike Mandela]

Yams website confirms.

Hopefully the SFA considers this exploiting of a loophole when it comes to issuing their sanction for Hearts entering administration. A season long embargo sounds fair to me, perhaps with a fine as well. I won't hold my breath.

[HUTCHYHIBBY]

Does the 3000 target matter any more the administrators have given a deadline of the 12th July to bid for them?

Every day is the 12th of July down Tynie way.

[Pretty Boy]

Scottish football is rotten to the core.

[Hibercelona]

Unless we get 2 new descent strikers in we will be lucky to put one past them. Still think we'll beat them but I can see another 2-1 or 1-0.

:agree:

Lets just wait until we actually have strikers before mouthing off about putting double figures past them.

[SmithyHibee]

They'll struggle to even sell him on to anyone, he's clearly not had any other offers from elsewhere so has had no choice but to sign for them on a reduced wage!

Anyone who is interested will surely just wait till they go 'pop' and come take him for zilch.

[Keith_M]

I'm going against the grain here but...

They haven't broken any of the player registration rules so there can't be a complaint from that point of view. Also, as Sutton refused a contract and left, I expect the wages freed up by him leaving are paying for Wilson.


I personally don't see what the problem is. They're in desperate need of practically a whole team and this week have replaced one player with another. It's not exactly going to make them unbeatable.

[Andy74]

I'm going against the grain here but...

They haven't broken any of the player registration rules so there can't be a complaint from that point of view. Also, as Sutton refused a contract and left, I expect the wages freed up by him leaving are paying for Wilson.


I personally don't see what the problem is. They're in desperate need of practically a whole team and this week have replaced one player with another. It's not exactly going to make them unbeatable.

Sutton refused a wage reduction and was made redundant. He didn't refuse a new contract and just left!

Surely a loan registration is different to a player that is owned?

[Dunderhall]

Hopefully the SFA considers this exploiting of a loophole when it comes to issuing their sanction for Hearts entering administration. A season long embargo sounds fair to me, perhaps with a fine as well. I won't hold my breath.
I agree, not going blue in the face either.

No doubt he'll now be a saviour when most of them agreed he wasn't any good in the centre of defence and should be played at left back.

Strange he didn't get better offers, still beggars on both sides can't be choosers.

[Hibercelona]

I'm going against the grain here but...

They haven't broken any of the player registration rules so there can't be a complaint from that point of view. Also, as Sutton refused a contract and left, I expect the wages freed up by him leaving are paying for Wilson.


I personally don't see what the problem is. They're in desperate need of practically a whole team and this week have replaced one player with another. It's not exactly going to make them unbeatable.

But what would have been wrong with letting Sutton go and using the money they would have saved to keep staff in their jobs?

They have ultimately paid for him using staff lay offs.

[Frazerbob]

I wonder how the "fantastic people who have dedicated years to the club", according to Gary Cocke, feel about this after loosing their lowly paid jobs a mater of days ago?

[Pretty Boy]

Sutton reduced a wage reduction and was made redundant. He didn't refuse a new contract and just left!

Surely a loan registration is different to a player that is owned?

Re the 2nd part. That's my thoughts too. Surely his contract amd registration is still to Liverpool. A loan move must be different. The rules maybe haven't been broken but they have been twisted and then some.

Aside from that it's morally shocking. The glee abou I on kicknack is just wrong. 14 people on 'ordinary' wages are out a job in a tough financial climate yet they are celebrating signing Danny Wilson, who even on a reduced wage won't be on less than a grand a week.

Utterly shameless.

[Spike Mandela]

Hopefully the SFA considers this exploiting of a loophole when it comes to issuing their sanction for Hearts entering administration. A season long embargo sounds fair to me, perhaps with a fine as well. I won't hold my breath.


I'm going against the grain here but...

They haven't broken any of the player registration rules so there can't be a complaint from that point of view. Also, as Sutton refused a contract and left, I expect the wages freed up by him leaving are paying for Wilson.


I personally don't see what the problem is. They're in desperate need of practically a whole team and this week have replaced one player with another. It's not exactly going to make them unbeatable.

They have made 14 people redundant, sacked players and bumped creditors for millions and have now signed a player contracted to Liverpool. The spirit of financial fair play made a mockery again. Yet another loophole which authorities need to look at. :rolleyes:

Not sure if the administrators would have come up with this on their own or wether it was suggested to them by someone within the corridors of power.

[Pretty Boy]

I wonder how the "fantastic people who have dedicated years to the club", according to Gary Cocke, feel about this after loosing their lowly paid jobs a mater of days ago?

It' ok. All that money raised on kickback can pay one players wages for a few months.

Erseholes.

[KanyeWestLower]

Just seen the press release, surely Wilson is still considered a Liverpool player until tomorrow? Therefore couldn't agree a contract extension with Hearts as he wasn't a player? Heads gone

[Lucius Apuleius]

But what would have been wrong with letting Sutton go and using the money they would have saved to keep staff in their jobs?

They have ultimately paid for him using staff lay offs.

Now slap me down if I am wrong, it has been known, however were you not one who advocated that East Mains money could be better spent on players? If so, and it is an IF, then I detect a little irony. Why have so many backroom staff when it is players that are needed? This is not condoning his signing, I don't know the intracies of the case.

[Part/Time Supporter]

Interesting to note that this is what Tom English wrote about Rangers' attempt to sign Daniel Cousin while in administration.

http://www.scotsman.com/scotland-on-sunday/sport/football/tom-english-someone-with-a-conscience-had-to-say-it-s-not-right-to-sign-him-when-redundancies-are-in-the-air-1-2125647



Given the stunning events of the week at Rangers it might seem a little peculiar to begin any cataloguing of the shame that has befallen the club with a tale about Daniel Cousin, but it is a revealing one all the same. On Friday afternoon, Rangers were, in their own words, “very, very hopeful” of signing the Gabon striker on a reported salary of £7,500 a week. There was talk of “bits of red tape” to get through, but the club seemed confident the deal would happen.

Bizarrely, the representatives of Duff & Phelps, the club’s administrators, said nothing. There was no mention, for instance, of the signing ban imposed on the club as of last Tuesday’s descent into administration. There was no mention either of the ethics of the situation, no chat about the morality of bringing a new footballer to the club just 24 hours after the administrators spoke publicly about an unpaid HMRC bill of £9m and the fact that staff at Ibrox may lose their jobs in the coming weeks as a result of the financial mismanagement of Rangers going back many years.

A point of order was required from the administrators, but it never arrived. A principled stance from the club, then? No. Somebody in authority and in possession of a conscience needed to say: “Apart from being against the rules, it’s also not right to sign anybody when redundancies are in the air and the taxman needs paying.”.

If they had a spare £7,500 a week then the decent thing to do would have been to meet some bills and try to ease some tension in the lives of those fearful of losing their jobs.

But, no. The plan was to give it to Cousin in an attempt to sort out their “problems up front”. Crass and insensitive, but also curious. Rangers went into administration on Tuesday. On Friday, the SPL were presented with a contract between Cousin and Rangers which was signed by the player and by Paul Clark, the joint administrator of the club. The date on the contract was 17 February, a full three days after Rangers’ ability to sign players ought to have been revoked. Now, even if Clark was entitled to ease that restriction, why would he want to? In what way was Cousin’s attempted signing a sensible decision for an administrator to make given the revelations about the state of this club’s finances?

It was only right that the SPL dynamited Cousin’s registration, but all sorts of questions remain about why it was even presented in the first place. The administrators cancelled a Rangers Hall of Fame dinner scheduled for this evening because they didn’t deem it appropriate and yet they give the move for Cousin their imprimatur. Like a lot of other things at Rangers, it needs some explaining.

God knows, there are enough villains in this farce without picking on the administrators, but some of the things that have happened since Tuesday demand an airing. For instance, their apparent certainty that liquidation is not a likely outcome and that Rangers “will continue as a football club”. Given that they don’t know the extent of Rangers’ current debt, don’t know what the HMRC bill may be, don’t know, either, what the situation is with the club’s assets and who actually owns them then it is a total puzzler as to how they can be so confident of anything right now. Craig Whyte has retreated for the moment. The advice would be that he keeps retreating until he’s away in the distance – and then he should turn on his heels and leg it. But he won’t. He firmly believes he has nothing to apologise for, that everything he has done has been in the best interests of the club. If his grand plan was to torch creditors and re-establish Rangers in a debt-free world he reckoned without the damage it would cause to the credibility of the club and the vengeance that might be visited upon him by supporters who now wear the colours of a humiliated institution. There is no way Whyte can lead this club forward. He is about as welcome at Ibrox as Sir David Murray, a man whose way of facing up to his own culpability in the ruination of Rangers is to go to ground.

So many people share the blame, but instead of humility at Rangers we get the objectionable attempt to slip the millionaire Cousin in the front door while preparing to usher the redundant out the back.

I wonder if he will be as critical of Hearts (re)signing Danny Wilson?

BTW, if folk are that bothered about how the SFA and/or the SPFL have handled this, why not contact the vice president of the SFA?

[Keith_M]

Sutton reduced a wage reduction and was made redundant. He didn't refuse a new contract and just left!

Surely a loan registration is different to a player that is owned?


I realise that's a different situation regarding contracts but the mention of Sutton was in reply to where they're getting the money from. He must have freed up some (imaginary) wages :wink:

[truehibernian]

Re the 2nd part. That's my thoughts too. Surely his contract amd registration is still to Liverpool. A loan move must be different. The rules maybe haven't been broken but they have been twisted and then some.

Aside from that it's morally shocking. The glee abou I on kicknack is just wrong. 14 people on 'ordinary' wages are out a job in a tough financial climate yet they are celebrating signing Danny Wilson, who even on a reduced wage won't be on less than a grand a week.

Utterly shameless.

The glee will wear off if they watch again his defending in their League Cup final defeat to St Mirren.

He's very poor and hugely over rated - perpetuated by the media when he was at Rangers, and the national side have/had the worst central defenders in a decade.

[HibeePaj]

Mid year review of the Hearts 2013 calender.

http://www.youtube.com/watch?v=eIWm5G5srKA

[Treadstone]

Mid year review of the Hearts 2013 calender.

http://www.youtube.com/watch?v=eIWm5G5srKA

:faf:

[Saorsa]

They're obviously going to try and make a quick buck and punt him on and he gets a chunk of the sell on fee.If that's the best plan they have tae save themselves then :bye: Havnae heard of any interest in him apart from the yams, if naebody is trying tae pick him up now when his contract is about tae run out, why on earth would they pay for him later once he's signed for the ****s? When they go down the tubes he will be free tae walk again anyway so again why on earth would anybody pay?

[Hibercelona]

Now slap me down if I am wrong, it has been known, however were you not one who advocated that East Mains money could be better spent on players? If so, and it is an IF, then I detect a little irony. Why have so many backroom staff when it is players that are needed? This is not condoning his signing, I don't know the intracies of the case.

I'm not arguing with your logic on this.

But "morally", they're 2 completely different scenarios.

[Sanger]

Had the chance to chat to an expert on business finance earlier today.

She reckoned the only option open to Hearts without any other real potential outcome was liquidation.

:hibees:pfgwa:thumbsup::thumbsup::thumbsup::thumbs up::thumbsup:
Been saying that for months. Just a matter of time.

[BH Hibs]

If that's the best plan they have tae save themselves then :bye: Havnae heard of any interest in him apart from the yams, if naebody is trying tae pick him up now when his contract is about tae run out, why on earth would they pay for him later once he's signed for the ****s? When they go down the tubes he will be free tae walk again anyway so again why on earth would anybody pay?

Agree with this 100%. What I don't get is how they can still hold his registration now when he was on loan until the end of the season not the end of his Liverpool contract. Who has been paying his wages between then and now?

[greenpaper55]

No problem with then signing him , it must surely mean that they can pay their fees for the use of Riccarton ?.

[brog]

How does unnecessarily increasing the wage bill fit with the Administrators' objectives of obtaining the best deal for their shareholders? I think they're taking a chance ( it won't work ) that this news will somehow boost ticket sales. IMO however that seems to be taking a large step into football business & speculation & away from the Administrators' core responsibilities. I would appreciate, CWG, CG, Desanto etc take on this.

[jonny]

Agree with this 100%. What I don't get is how they can still hold his registration now when he was on loan until the end of the season not the end of his Liverpool contract. Who has been paying his wages between then and now?

Certainly not Hearts because they've not been paying any wages!!
FWIW I really couldn't care less whether Wilson goes there or not. He's hardly going to make a huge difference to their plight. If they stumble through the season they'll be relegated regardless.

[sbell1875]

I don't quite understand the registration rules but he was only on loan from Liverpool and was surely registered with the English FA? Now I can understand he was registered to play with Hearts but surely that registration ended along with his loan at the end of the season?

[SaulGoodman]

Other countries must laugh at Scottish Football.

While loyal workers are losing their jobs this club continues to sign more players, and the spl just let this happen?

Meanwhile the Hearts fans lap it up and take it as another victory over the 'wee team'

[greengnome]

Scottish football is rotten to the core.



:agree:

[SmallvilleHibee]

I genuinely feel sorry for those at Tynecastle losing their jobs. Surely signing Wilson is a kick in the face to all those made redundant.
Oh well makes it even better when those bas****s die.:grr:

[Geo_1875]

"Technically" they've done nothing wrong. The players registration is transferred between clubs during the loan period. The contracts are a different matter. When he came to hertz there would be a contract between the clubs but no contract between hertz and Wilson. I don't think the SFA need to see the interclub contract and any terms in there would be irrelevant. However, normally, his registration should have been returned to Liverpool at the end of the Scottish season and he would have officially been their player until today and unable to sign for hertz as they're now embargoed.

[Col2]

So let me get this right. HMFC (IA) are able to run up a c£25-£30m core debt, stop paying wages, HMRC, police, training landlords, council and any other business they got services from.

They can exit without notice and payment , 14 members of staff and threaten other players they need to make pay cut.

They can continue not to pay any wages or any past debt (protected) while every other club has bills to pay.

Then Gary Locke goes on radio saying they have been punished enough, doesn't expect to get a transfer embargo and hopes he can bring lots of new players In August.

And now in advance lf that, any CVA etc they can sign a Scottish internationalist, a player the rest of Scottish football can't afford (except Celtic and even allowing for 50% pay cut).

Is that the some total of it?

[SaulGoodman]

Get these ***** out of this league.

That's all I have to say

[bingo70]

Could it be that the administrators know they'll either be liquidated or in new ownership by the time he would need to be paid next and a months wage for Wilson won't make any difference, if signing him shifts a few season tickets then no harm in trying?

It's no right they can even try and add to their wage bill but can't say i'm overly bothered, he's no that good.

[kaimendhibs]

This would only happen in Scotland. It's a national disgrace


Sent from my iPhone using Tapatalk

[sauzee=legend]

Transfer window doesn't open until 1st July - so no transfers should be Complete and with them having a transfer embargo, this deal shouldn't be allowed.

[greenginger]

http://www.heartsfc.co.uk/articles/20130118/johns-delight-at-new-signing_2241384_3045721

When he came to Hearts, he was signed until the end of the season. His registration automatically transferred back to Liverpool at the end of his loan.

Can anyone explain this carve - up ?

[BH Hibs]

"Technically" they've done nothing wrong. The players registration is transferred between clubs during the loan period. The contracts are a different matter. When he came to hertz there would be a contract between the clubs but no contract between hertz and Wilson. I don't think the SFA need to see the interclub contract and any terms in there would be irrelevant. However, normally, his registration should have been returned to Liverpool at the end of the Scottish season and he would have officially been their player until today and unable to sign for hertz as they're now embargoed.

This is what I thought as well. However as has been previously posted if this signing takes more money that they haven't got away from them then so be it.:flag:

[Prof. Shaggy]

No problem with then signing him , it must surely mean that they can pay their fees for the use of Riccarton ?.

Indeed, not to mention any financial sanction the SPFL/SFA feels it appropriate to impose at the forthcoming hearing.

[sidneyhibbie]

Just came back on after watching the Race at Silverstone to see this shocking news i will now be sending E Mails to the relevant bodies asking for an explanation the ones most culpable are BDO Who have sanctioned these additional costs how can this be in the best interest of the creditors ?

[Dashing Bob S]

Looking forward to this coming week. I think we'll start to see some serious panicking around Thursday-Friday.

[nonshinyfinish]

More pages gone! :panic:

[Ozyhibby]

Can't get excited over this. He's not very good. Add him to the players they have and does anyone think they can avoid relegation?

[bingo70]

Looking forward to this coming week. I think we'll start to see some serious panicking around Thursday-Friday.

They've set a deadline of the 12th July for any serious bids for the club so i think that's when it'll ****ty pants time for them.

[greenginger]

http://www.heartsfc.co.uk/articles/20130527/dannys-a-done-deal_2241384_3192360

How can Wilson be looking to sign for Hearts on a permanent deal once his Liverpool deal has expired square with him now extend making his loan permanent. :confused:

[sidneyhibbie]

They've set a deadline of the 12th July for any serious bids for the club so i think that's when it'll ****ty pants time for them.

I Agree i think that their will be no decent bids that have any backbone this will result in no CVA And Liquidation and all the season tickts sold deemed worthless they can kick russian hats around then.

[Spike Mandela]

Looking forward to this coming week. I think we'll start to see some serious panicking around Thursday-Friday.

Why?

[DH1875]

Do you know what, if he's stupid enough to sign for them then duck him. I'd even lift the embargo on a one off occasion. TWAT.

[Lucius Apuleius]

I'm not arguing with your logic on this.

But "morally", they're 2 completely different scenarios.

Really? There would be job losses if EM was closed down, all to the betterment, in your opinion, of the team. I see absolutely zero difference here at all. The back room staff were definitely in excess to requirements, the harsh facts is that unecessary personnel go first. I don't want that to sound heartless but thems the facts.

[GlenrothesHibee]

Does this mean big Zalipukas and Webster can sign on again too? Do their contracts not run out today? :confused:

I really feel for the office staff who were told the club couldn't afford to keep them on.

[coldingham hibs]

Don't know what all the fuss is about, Wilson is average if he was any good a decent club would have signed him, what did he do last season, not a lot.

Lets face it we have signed their most promising young player.

Wilson can drain even more from their coffers if he wants.

I'm sure all the other teams will be terrified of a central defence of McGowan & Wilson.

I wouldn't even care less if Zaliukas & Webster stayed.

[truehibernian]

The mere thought of Wilson and McGowan in central defence has me laughing apples - cant wait for the Tynie derby if that's the pairing.

[WindyMiller]

Why?


Bob's a "glass half full" kind of guy.

Whilst others are "glass half empty". :na na:

[Spike Mandela]

Bob's a "glass half full" kind of guy.

Whilst others are "glass half empty". :na na:

Ha ha. Wondered if he meant something specific?

[CRAZYHIBBY]

Who cares......let them sign who they want

[KeithTheHibby]

Can't get excited over this. He's not very good. Add him to the players they have and does anyone think they can avoid relegation?


It's not the point whether he is good or crap, it's morally wrong that this can happen. It's staggering the silence that has come from the SPL and SFA since those grunts went into administration.

[cad]

Only in Scotland , bet the 14 are delighted for Danny and his agent Prick Preston

[nonshinyfinish]

Bob's a "glass half full" kind of guy.

Whilst others are "glass half empty". :na na:

I've always seen Bob as a 'fill glass with expensive vino, then empty it' kind of guy.

[Emerald]

Who cares......let them sign who they want

Agree

I'm more worried about our very limited squad to bother about what they are doing. First time in Europe for a good few years and we don't have a recognised first team striker in the squad for pre season. Forget Hearts and lets put our own house in order first.

[Devilstorment]

Who cares.... really let them sign whatever huddies they like and if the SPL are happy to sanction it so be it, its another wage that they need to pay (or not as the case may be)

[Billy Whizz]

Surely the PFA have a view on this. One hand their players are taking wage cuts, and in some cases , redundancy, to fund Wilson's salary?

[bingo70]

Agree

I'm more worried about our very limited squad to bother about what they are doing. First time in Europe for a good few years and we don't have a recognised first team striker in the squad for pre season. Forget Hearts and lets put our own house in order first.

Can't you be concerned about our lack of strikers and laugh at their situation?

How can i go about putting our house in order?

[Emerald]

Can't you be concerned about our lack of strikers and laugh at their situation?

How can i go about putting our house in order?

Laughing and worried I am then :greengrin

[sidneyhibbie]

More pages gone! :panic:

This is starange its a bit like the shares the yams bought last year remember all the cake baking etc to buy shares that vanished.

[CorrieHibs]

Can't get excited over this. He's not very good. Add him to the players they have and does anyone think they can avoid relegation?

Yeh I think they will. They'll get the transfer embargo lifted. Go out sign loan players they can't afford! But they'll do it because they are just arrogant and will never learn. Plus they're the luckiest team on the planet!

[bingo70]

Yeh I think they will. They'll get the transfer embargo lifted. Go out sign loan players they can't afford! But they'll do it because they are just arrogant and will never learn. Plus they're the the luckiest team on the planet!

Why will they get a transfer embargo lifted when the old rangers or dunfermline never?

[ScottB]

While Hearts may not be 'breaking' any rules by doing this, what are BDO up to? How does adding another expense to a club that they claimed had zero in the back lead to a better result for the creditors?

Starting to reek of Duff & Duffer me thinks...

[Ozyhibby]

It's not the point whether he is good or crap, it's morally wrong that this can happen. It's staggering the silence that has come from the SPL and SFA since those grunts went into administration.

They haven't been silent.
http://www.scotprem.com/content/default.asp?page=s2&newsid=12386

[Spike Mandela]

Why will they get a transfer embargo lifted when the old rangers or dunfermline never?

Rangers got a transfer embargo that wasn't whilst Dunfermline are an SFL club so the SFA weren't scared to come down on them. They like to show the little teams they can act tough.

[Spike Mandela]

While Hearts may not be 'breaking' any rules by doing this, what are BDO up to? How does adding another expense to a club that they claimed had zero in the back lead to a better result for the creditors?

Starting to reek of Duff & Duffer me thinks...

They will argue they are adding value to the club for any potential buyer and have a player with a potential sell on value on a 3 year contract.

[3pm]

The signing of Danny Wilson in isolation won't make that much of a difference.

[CorrieHibs]

Old rangers, embargo was a piece of nonsense. It started in September 2012 meaning they could sign players up to that date. They're signing players now and will play them as trialists! SFA are a total joke and we're a laughing stock around Europe. The same will happen to Hearts. As I said they're the luckiest team on the planet and nothing will surprise with them.

[Hibs7]

It is morally wrong .. But then again we knew they had no morals !

[bingo70]

Old rangers, embargo was a piece of nonsense. It started in September 2012 meaning they could sign players up to that date. They're signing players now and will play them as trialists! SFA are a total joke and we're a laughing stock around Europe. The same will happen to Hearts. As I said they're the luckiest team on the planet and nothing will surprise with them.

Is it not the rule though that while a club is in administration they can't sign players? The rangers weren't in administration, they started again. I think for what you're suggesting basically hearts need to come out of administration before the transfer window slams shut?

[Spike Mandela]

Is it not the rule though that while a club is in administration they can't sign players? The rangers weren't in administration, they started again. I think for what you're suggesting basically hearts need to come out of administration before the transfer window slams shut?

The SFA sanction is still to be issued and is over and above the automatic embargo for entering administration under SPL rules.

[CorrieHibs]

http://www.telegraph.co.uk/sport/football/teams/rangers/10084773/Rangers-allowed-to-play-pre-contract-signings-before-September-despite-transfer-embargo.html

The Rangers were given a transfer embargo.

[YehButNoBut]

Can't see what anyone is bothered about with Wilson, they seemed to have used a technicality to retain his registration and the Yams seem to think they have "won a watch".

They are still in for a huge fall, this will just make it funnier and they couldn't beat us last season with Wilson in a better side than they have now, they're still doomed to relegation, if they survive that long. :yw:

[bingo70]

http://www.telegraph.co.uk/sport/football/teams/rangers/10084773/Rangers-allowed-to-play-pre-contract-signings-before-September-despite-transfer-embargo.html

The Rangers were given a transfer embargo.

I know they were. I'm not sure why as they were a new company/club, but this was over and above the automatic punishment for the old company going into administration. Were the rules not lapsed as if they never then the new club wouldn't have had any players?

Doesn't change my other point that i think for hearts to be able to sign players they have to come out of administration which i think is unlikely this summer.

[hibbypostie]

There is defo something going on with this thread alot of posts are missing and they were not rude and wereto do with this topic

[kaimendhibs]

I was thinking the same thing! Why are lots of posts missing?


Sent from my iPhone using Tapatalk

[monteddie]

Can't see what anyone is bothered about with Wilson, they seemed to have used a technicality to retain his registration and the Yams seem to think they have "won a watch".

They are still in for a huge fall, this will just make it funnier and they couldn't beat us last season with Wilson in a better side than they have now, they're still doomed to relegation, if they survive that long. :yw:

In all honesty I wish them all the suffering and humiliationthat the Romorov era has brought them however we do have to be careful for whatwe wish for , I think the 15 point deduction for this season will be ample to put them down, then next season they will be up against Rangers for promotion so in all likelihood they will spend 2 years out with the SPL , regardless I believe this may not seem punishment enough in the eyes of some people but can we as a club afford to miss revenue from 4 home derby’s over the next 2 seasons this ontop of the revenues we are missing from Rangers, we don’t want to cut off ourown nose to spite our face!

[Matt92]

Hearts have not broken any rules in this signing, it is seemingly completely legal.
You can't blame them for doing anything to sign a player out of desperation as they know they are doomed for relegation, its more a case of a wounded animal which is trying every last trick and energy source to survive and wriggle free.

Sure, there are significant moral implications of this signing given their recent and fairly high-profile redundancies of non-playing staff. However, as all of us know, they are a club who have no honour, no morals, no class and no hope. They will get whats coming to them, this is just one of many desperate attempts to come over the next few weeks. By galvanising the hearts support and giving them a glimmer of hope, it may boost their revenue that slight bit further, however I doubt it and reckon this will just hinder them further in the longrun as they must cut wages, not add in the slightest!!

[Part/Time Supporter]

Posts relating to FOH or Ian Murray are being moved here

http://www.hibs.net/showthread.php?267118-FOH-Ian-Murray-MP-thread

Posts relating to the council building a stadium for Hearts, or them sharing with Hibs, are being moved here

http://www.hibs.net/showthread.php?267464-New-stadium-for-Edinburgh-rugby-and-or-Hearts

[josef k]

They haven't been silent.
http://www.scotprem.com/content/default.asp?page=s2&newsid=12386


They have been about this though:
http://www.scotprem.com/content/default.asp?page=s2&newsid=12360&back=home

Would like to know when the hearing will be taking place. All that has been mentioned in the press is possible punishment from the SFA but they also broke SPL rules on the 14th June and are also due punishment for this.

[Spike Mandela]

They have been about this though:
http://www.scotprem.com/content/default.asp?page=s2&newsid=12360&back=home

Would like to know when the hearing will be taking place. All that has been mentioned in the press is possible punishment from the SFA but they also broke SPL rules on the 14th June and are also due punishment for this.

The SPL no longer exist, so guess what will happen.

[johnbc70]

How bad must things be for Wilson that he is still happy to sign for them. A few years ago he was playing for Scotland and on verge of move to big premiership club, now he must have no other offers and has fallen down the footballing tree so spectacularly he is signing for a club in administration and starting bottom of the SPL by 15 points.

[Beefster]

Has Danny Wilson ever played in a Hearts team that's beaten Hibs? That's how useful he is to them - they were hoping he would go elsewhere before they went down the tubes and only had youth players left.

[jdships]

How bad must things be for Wilson that he is still happy to sign for them. A few years ago he was playing for Scotland and on verge of move to big premiership club, now he must have no other offers and has fallen down the footballing tree so spectacularly he is signing for a club in administration and starting bottom of the SPL by 15 points.

Good post !!
One wonders at his agent's credibility
From English Premiership to Scottish SPL 2 in two seasons and the loss of earnings that goes with it

Strange one :confused:

[FranckSuzy]

They haven't been silent.
http://www.scotprem.com/content/default.asp?page=s2&newsid=12386

I particularly like this bit......."As a result, the Player’s existing SPFL Registration is automatically extended and is not affected by the embargo on new SPFL Player Registrations currently in place on Heart of Midlothian FC as a result of Heart of Midlothian plc (in administration) being in administration". I believe 'pleasing' is the term :greengrin

[marinello59]

Good post !!
One wonders at his agent's credibility
From English Premiership to Scottish SPL 2 in two seasons and the loss of earnings that goes with it

Strange one :confused:

Maybe he has been promised a very large percentage of any fee received when they sell him next month. Not that he will fetch that much.

[FranckSuzy]

Mid year review of the Hearts 2013 calender.

http://www.youtube.com/watch?v=eIWm5G5srKA

:greengrin :top marks

[johnbc70]

Maybe he has been promised a very large percentage of any fee received when they sell him next month. Not that he will fetch that much.

Why would anyone buy him next month when they have had 2 weeks to get him for free? The boy must have no other offers, was bad enough he was signing for them in the first place but now he is signing on significantly lower wages means he must have been desperate.

[Saorsa]

Why would anyone buy him next month when they have had 2 weeks to get him for free? The boy must have no other offers, was bad enough he was signing for them in the first place but now he is signing on significantly lower wages means he must have been desperate.Maybe they'll buy him from themselves with lots of somebody else's money :dunno:

[Hibernia Na Eir]

out of every business, football stinks to high heaven!

[YehButNoBut]

They seem to think he is the messiah, after reading this comment from the EN. :greengrin

signing Danny Wilson is a MAJOR result and might well mean the difference between safety and relegation this year.

A very relieved Jambo !

[jgl07]

The incredible shrinking thread!

[Saorsa]

They seem to think he is the messiah, after reading this comment from the EN. :greengrin

signing Danny Wilson is a MAJOR result and might well mean the difference between safety and relegation this year.

A very relieved Jambo !:hilarious

He's poor and will make little difference tae them with the pishy squad they have but Scottish fitba continues tae be made a mockery of by cheating clubs. Sacking other players and staff and then signing another player.

[GreenCastle]

The yams are saved...

The yams are debt free...

They have signed Messi...I mean Danny Wilson again..

We are all doomed....:na na:

I would be more worried if they has signed a goal scorer but when every little bit helps...the club with no shame see this as a victory. :rolleyes:

In other news Danny Wilson could be playing 1st Division football for the next 2 seasons (If newco get promoted) if they go down this season.

[Pretty Boy]

They seem to think he is the messiah, after reading this comment from the EN. :greengrin

signing Danny Wilson is a MAJOR result and might well mean the difference between safety and relegation this year.

A very relieved Jambo !

They all thought he was pish 4 weeks ago.

The ultimate revisionists.

Just let them see his league cup final performance again and they'll be having nightmares.

[cabbageandribs1875]

Danny wilson....pfftt, what a coup :hilarious

[ballengeich]

Good post !!
One wonders at his agent's credibility
From English Premiership to Scottish SPL 2 in two seasons and the loss of earnings that goes with it

Strange one :confused:

Isn't his agent Allan "biscuits" Preston? One wonders no longer.

[Geo_1875]

Posts relating to FOH or Ian Murray are being moved here

http://www.hibs.net/showthread.php?267118-FOH-Ian-Murray-MP-thread

Posts relating to the council building a stadium for Hearts, or them sharing with Hibs, are being moved here

http://www.hibs.showthread.php?267464-New-stadium-for-Edinburgh-rugby-and-or-Hearts

Don't see why DoH or Ian Murray deserve a separate thread. They aret both totally irrelevant except In relation to the farce that this thread adequately covers. Same thing with the Fanny Wilson thread.

[Bostonhibby]

Heart of Midlothian plc (in administration) being in administration". I believe 'pleasing' is the term :greengrin[/QUOTE]

Now that yam plum has finally stopped believing and ditched the Romanov tattoo could this bit be his new tattoo? a bit wordy but if he put it on his forehead and his erse it might fit.

[Dunderhall]

Good post !!
One wonders at his agent's credibility
Strange one :confused:

You mean Alan Preston, that "neutral" BBC pundit, ex of them.

[Scouse Hibee]

Good post !!
One wonders at his agent's credibility
From English Premiership to Scottish SPL 2 in two seasons and the loss of earnings that goes with it

Strange one :confused:


Never mind his agent I wonder at Wilson's own state of mind, if he can't work out for himself the pitfalls that await him by signing for the Hertz then his brains must well and truly be in his feet.

[Phil D. Rolls]

Don't see why DoH or Ian Murray deserve a separate thread. They aret both totally irrelevant except In relation to the farce that this thread adequately covers. Same thing with the Fanny Wilson thread.

FOH are comedy gold in their own right. Their incompetence is a sub-plot to the main soap at the PBS, and are worth a series of their own. IMO.

[Aidan the Hibby]

Do they actually believe they'll stay up due to the signing of....Danny Wilson :confused:

[Saorsa]

Do they actually believe they'll stay up due to the signing of....Danny Wilson :confused:They believe any pish that suits them even if it didnae suit them before but they're on another ****in' planet.

http://i40.tinypic.com/fnctjq.gif

[Drem]

Was it a pet show he was at:confused:

[Bostonhibby]

Do they actually believe they'll stay up due to the signing of....Danny Wilson :confused:

probably not but it's the fact that they can always find a way round a situation like this one whilst the controlling body stares at its navel that encourages them to keep doing it. People have lost their job and the SFA/SPL stand idly by whilst they keep doing it because they can. Wilson is not the issue, fallen a very long way very quickly.

[brog]

They will argue they are adding value to the club for any potential buyer and have a player with a potential sell on value on a 3 year contract.

As I said in a prior post I agree with you but think that goes beyond BDO's remit.

Im not sure what the extension period is, I know original deal was 3 years but have not seen anything this time round. I suspect Wilson was given a decent wedge for signing a few weeks ago & Yams may have been seeking it back.

[CropleyWasGod]

As I said in a prior post I agree with you but think that goes beyond BDO's remit.

Im not sure what the extension period is, I know original deal was 3 years but have not seen anything this time round. I suspect Wilson was given a decent wedge for signing a few weeks ago & Yams may have been seeking it back.

Not sure about that bit.

If it squeezes an extra half-mill out of a buyer, then they will say it's justified. That was D&P's justification for retaining so many players at Rangers. On the other hand, it adds to the wage bill. If they don't make another player redundant, it might make a buyer reduce their offer as they will need more for working capital.

[Bostonhibby]

Is there a humorous version of this post?

Would you buy a used car from this man?


Running a country? scary......................Inchkeith Island maybe, so long as the goat doesn't mind.

[Treadstone]

Not sure about that bit.

If it squeezes an extra half-mill out of a buyer, then they will say it's justified. That was D&P's justification for retaining so many players at Rangers. On the other hand, it adds to the wage bill. If they don't make another player redundant, it might make a buyer reduce their offer as they will need more for working capital.

I'd be surprised if anyone upped their bid by half a million because Danny Wilson was on the books.:cool2:

[CropleyWasGod]

I'd be surprised if anyone upped their bid by half a million because Danny Wilson was on the books.:cool2:

So would I, TBH.

I'm trying to get into the thinking behind it. Someone on the other thread said that they could afford it because of Sutton being punted, and that makes sense.

[brog]

Not sure about that bit.

If it squeezes an extra half-mill out of a buyer, then they will say it's justified. That was D&P's justification for retaining so many players at Rangers. On the other hand, it adds to the wage bill. If they don't make another player redundant, it might make a buyer reduce their offer as they will need more for working capital.

The problem is BDO can't possibly know, it's pure speculation. Right now Wilson has very limited value as it seems there was no queue to sign him. You have to think it would take at least 1 full season of outstanding performances for Wilson's value to increase. By that time as you infer, the current shareholders may have changed & profit would accrue to new owners but I don't see new bidders suddenly appearing or a bid becoming higher because DW is a Yam.

[Treadstone]

So would I, TBH.

I'm trying to get into the thinking behind it. Someone on the other thread said that they could afford it because of Sutton being punted, and that makes sense.

Looks like they've seen a chance to sign a first team player and took it.

[CropleyWasGod]

The problem is BDO can't possibly know, it's pure speculation. Right now Wilson has very limited value as it seems there was no queue to sign him. You have to think it would take at least 1 full season of outstanding performances for Wilson's value to increase. By that time as you infer, the current shareholders may have changed & profit would accrue to new owners but I don't see new bidders suddenly appearing or a bid becoming higher because DW is a Yam.

.... not even by thruppence?:greengrin

[poolman]

Don't know what all the fuss is about, Wilson is average if he was any good a decent club would have signed him, what did he do last season, not a lot.

Lets face it we have signed their most promising young player.

Wilson can drain even more from their coffers if he wants.

I'm sure all the other teams will be terrified of a central defence of McGowan & Wilson.

I wouldn't even care less if Zaliukas & Webster stayed.


The fuss is that they are allowed to do this

[Part/Time Supporter]

So would I, TBH.

I'm trying to get into the thinking behind it. Someone on the other thread said that they could afford it because of Sutton being punted, and that makes sense.

Sutton was supposedly on £3K per week and £3K per appearance. BDO offered him half of that to stay, but he rejected and went to Motherwell (for less, as it happens). That meant their budget had the "Sutton" wage spare. As soon as that was formalised they offered it instead to Wilson and he took it.

The idea is obviously to make the club more attractive to buyers. There is the risk of the SFA or the SPFL imposing a fixed term transfer embargo, which would prevent them strengthening the squad much even once out of administration. He was the only player they could sign so it made sense to take advantage of the situation. It's also good for morale, signing a player they thought they had lost, at a relatively low outlay (one player wage). Ironically, the same was true of when they "signed" him the first time (late May) when they hoped that would bolster ST sales and avert financial problems. They will be hoping it works out better this time.

[nonshinyfinish]

They've been issued a fifteen page deduction for going into administration.

Hang on, does this mean that if they're liquidated, the whole thread will be deleted?

I swear I'll do time! :grr:

[erin go bragh]

So what :confused: the boy is wet fish .

ggtth

[Northernhibee]

Got a text from a Jambo I know that I must be "seething" about this and the usual 1902 5-1 stuff.

Replied that I'm not angry; I'm just confused how they're in dire straits and they're signing players with little other obvious motivation than an attempt at one-upmanship.

I then reminded him that if his team manages to sell enough players and season tickets to make it to a derby at Easter Road we're going to put ten past them. If they lose two out of Holt, Walker and McDonald then they'll struggle to make zero points, they really have nothing else.

[LeighLoyal]

It's hardly a signing to keep them in the spl. They need a whole new team and a manager with half a brain.

[Hibernia Na Eir]

So what :confused: the boy is pash .

ggtth


absolutely. I don't see quality there (didn't see an ounce of quality in Ngoo either).

pinning all their hopes on a boy who, very much still has to prove himself, has all the hallmarks of a club in desperation. He's their last signing. Forget anyone else. Hibs will total them (again) next season.

Big season for them next season. Relegation coming their way. Oh yes! :greengrin

Hibees, Hibees, Hibees :flag:

[Hibernia Na Eir]

Got a text from a Jambo I know that I must be "seething" about this and the usual 1902 5-1 stuff.

Replied that I'm not angry; I'm just confused how they're in dire straits and they're signing players with little other obvious motivation than an attempt at one-upmanship.

I then reminded him that if his team manages to sell enough players and season tickets to make it to a derby at Easter Road we're going to put ten past them. If they lose two out of Holt, Walker and McDonald then they'll struggle to make zero points, they really have nothing else.

surely their sacked admin staff and 5 players must be the "seething" ones after today's news? !!!

jeez !

[CropleyWasGod]

Sutton was supposedly on £3K per week and £3K per appearance. BDO offered him half of that to stay, but he rejected and went to Motherwell (for less, as it happens). That meant their budget had the "Sutton" wage spare. As soon as that was formalised they offered it instead to Wilson and he took it.

The idea is obviously to make the club more attractive to buyers. There is the risk of the SFA or the SPFL imposing a fixed term transfer embargo, which would prevent them strengthening the squad much even once out of administration. He was the only player they could sign so it made sense to take advantage of the situation. It's also good for morale, signing a player they thought they had lost, at a relatively low outlay (one player wage). Ironically, the same was true of when they "signed" him the first time (late May) when they hoped that would bolster ST sales and avert financial problems. They will be hoping it works out better this time.

Yeah, if it gets another few hundred ST's sold, BDO can claim it as a good move.:agree:

[HibeeMG]

Hang on, does this mean that if they're liquidated, the whole thread will be deleted?

I swear I'll do time! :grr:

Don't worry, the thread title will be changed to "(The Yams) The Financial Meltdown" and all will carry on as normal.

All previous jokes, gif's, links and posts will be retained.

[HibeeMG]

The 'signing' of Wilson is literally within the rules but is morally repugnant given the debts and redundancies.

I'm going to stick my neck out and say it'll go against them when it comes to deciding on their punishments for non-payment of wages. I would like to think that the powers-that-be will be annoyed that HMFC have flouted the rules and shown the league in a bad light (again).

I could well be wrong though.

[nonshinyfinish]

Don't worry, the thread title will be changed to "(The Yams) The Financial Meltdown" and all will carry on as normal.

All previous jokes, gif's, links and posts will be retained.

In that case, I unreservedly endorse their immediate and total liquidisation.

[FranckSuzy]

The 'signing' of Wilson is literally within the rules but is morally repugnant given the debts and redundancies.

I'm going to stick my neck out and say it'll go against them when it comes to deciding on their punishments for non-payment of wages. I would like to think that the powers-that-be will be annoyed that HMFC have flouted the rules and shown the league in a bad light (again).

I could well be wrong though.


:agree: :pray:

[Biggie]

I've had my jambo Facebook "friends" Onto me bleating "were saved from liquidation", and the signing of Wilson shows they are on the way back !!!.......they will not listen to reason, and so much so that I'm in the hope the are "wiped out" camp definitely now....

[brydekirk]

I really fell sick. Fact, End Off.

[GreenCastle]

Some of the yams fans are paying 400 quid for ex players boots in fund raisers- seriously are they mad or just stupid ? :lolyam:

[brog]

Yeah, if it gets another few hundred ST's sold, BDO can claim it as a good move.:agree:

Agreed, but it didn't work last time when it really was original news, rather than regurgitated. I really would be astonished if it made any significant difference this time. Like others I'm not concerned re the signing, only by the immorality of the whole affair.

[LeighLoyal]

If some spiv buys the Hearts player's contracts after liquidation is that clown Doncaster going to call them a "continuation" as with Sevco? Doncaster, the man who rewrote UK insolvency law out of cowardice.

[The Falcon]

The problem is BDO can't possibly know, it's pure speculation. Right now Wilson has very limited value as it seems there was no queue to sign him. You have to think it would take at least 1 full season of outstanding performances for Wilson's value to increase. By that time as you infer, the current shareholders may have changed & profit would accrue to new owners but I don't see new bidders suddenly appearing or a bid becoming higher because DW is a Yam.


It is but I thought administrators didnt speculate and looked after the creditors, like Duff and Phelps did.

At least they havent with Dunfermline when they let a large number of players go that could have kept them in the 1st division. At Hearts they seem to getting them ready for the season ahead.

Whats different here?

[Eyrie]

The incredible shrinking thread!

Means we'll get page 0762 a second time :greengrin

[jacomo]

FOH are comedy gold in their own right. Their incompetence is a sub-plot to the main soap at the PBS, and are worth a series of their own. IMO.

Fair enough. They started slowly, but to be fair they are coming into their own now.

[SkintHibby]

It's not going to happen but Edinburgh would be great with one club and everyone supporting the Hibs!:thumbsup:

I'm nice to Jambos to their face but I don't like those maroon union flag wearing types.:agree:

[hibees 7062]

FOH are comedy gold in their own right. Their incompetence is a sub-plot to the main soap at the PBS, and are worth a series of their own. IMO.

:confused: Is this the start of things to come :greengrin

[blackpoolhibs]

Some of the yams fans are paying 400 quid for ex players boots in fund raisers- seriously are they mad or just stupid ? :lolyam:

Come on, they are all of that and some. :yw:

[vincipernoi]

http://www.hmfckickback.co.uk/index.php?/topic/129869-over-30000-rally/page__st__50

post 71

oh dear

one fat beardy jambo perv in hiding

[poolman]

http://www.hmfckickback.co.uk/index.php?/topic/129869-over-30000-rally/page__st__50

post 71

oh dear

one fat beardy jambo perv in hiding

Ha ha, they canny help themselves :-)

[SmashinGlass]

Ha ha, they canny help themselves :-)

There must be some mistake here. That post refers to a middle-aged woman. This certainly isn't in fitting with their normal ethos. Maybe admin has changed their attitudes :greengrin

[hibees 7062]

http://www.hmfckickback.co.uk/index.php?/topic/129869-over-30000-rally/page__st__50

post 71

oh dear

another fat beardy jambo perv in hiding

Fixed that for you :greengrin

[Pretty Boy]

The general attitude of #allisbarry seems to be rife in kickback again.

What's changed? Surely an advance from Wonga and signing Wilson hasn't really changed much.

If no bids arrive by the 12th then they are still well humped. A CVA isn't the foregone conclusion they think.

[Pretty Boy]

http://www.hmfckickback.co.uk/index.php?/topic/129869-over-30000-rally/page__st__50

post 71

oh dear

one fat beardy jambo perv in hiding

Jeezo.

What are those jambo rascals like?

[Dashing Bob S]

Ha ha, they canny help themselves :-)

400,000 people helping the police with their inquiries.


Seriously though, just like the Jambos to sabotage their own positive thread with yet another sex crime.

[Hibercelona]

I'm nice to Jambos to their face but I don't like those maroon union flag wearing types.:agree:

I'm not.

[sven nil]

[QUOTE=brog;3659936][/B]We'll take over that project!!

to late, the russian gangsters have already ordered the concrete :wink:

[Part/Time Supporter]

The general attitude of #allisbarry seems to be rife in kickback again.

What's changed? Surely an advance from Wonga and signing Wilson hasn't really changed much.

If no bids arrive by the 12th then they are still well humped. A CVA isn't the foregone conclusion they think.

I suppose they may as well think and act positively because the alternative is too horrible to contemplate. What's more, they could be right this time, if a group (most likely the McKie one) offers enough to satisfy the Lithuanian authorities. Nobody really knows if this will be the case or not. It's not something that can be easily predicted in the way that their insolvency was. What they have done is avert the immediate crisis and prevented the club from shutting down completely due to a lack of cash. Irrespective of whether this 3000 target is met or not.

[Part/Time Supporter]

It is but I thought administrators didnt speculate and looked after the creditors, like Duff and Phelps did.

At least they havent with Dunfermline when they let a large number of players go that could have kept them in the 1st division. At Hearts they seem to getting them ready for the season ahead.

Whats different here?

Not a lot really. BDO have got the costs (players) of both clubs down to what they think is an affordable level. It's just that Hearts can afford more because they're a bigger club and are in the top division. It's also worth bearing in mind that Hearts got rid of several players before they went into administration. The old regime anticipated bringing in several players (eg1 Boyd, eg2 Goodwillie) to replenish the squad, but administration has prevented that.

[The Falcon]

Not a lot really. BDO have got the costs (players) of both clubs down to what they think is an affordable level. It's just that Hearts can afford more because they're a bigger club and are in the top division. It's also worth bearing in mind that Hearts got rid of several players before they went into administration. The old regime anticipated bringing in several players (eg1 Boyd, eg2 Goodwillie) to replenish the squad, but administration has prevented that.

This is where football is different I suppose. The money saved could have gone to the creditors but they have chose, instead, to sign another player and the argument for this, being speculated upon here, is that it may increase the value of the club, make it more attractive to a buyer or increase the sales of seasons tickets.

My question would now be how do they quantify any of those things?

Something smells worse than usual down gorgie way. All IMO of course.

[Onion]

I suppose they may as well think and act positively because the alternative is too horrible to contemplate. What's more, they could be right this time, if a group (most likely the McKie one) offers enough to satisfy the Lithuanian authorities. Nobody really knows if this will be the case or not. It's not something that can be easily predicted in the way that their insolvency was. What they have done is avert the immediate crisis and prevented the club from shutting down completely due to a lack of cash. Irrespective of whether this 3000 target is met or not.

BDO was appointed by the main creditor, who must surely have given them an indication of what sort of offer would be acceptable. They've also met with the main potential bidders.

Can't believe BDO would be going through all of this short term cash-raising if there was little/no chance of a bid being accepted.

[s.a.m]

BDO was appointed by the main creditor, who must surely have given them an indication of what sort of offer would be acceptable. They've also met with the main potential bidders.

Can't believe BDO would be going through all of this short term cash-raising if there was little/no chance of a bid being accepted.

I've been thinking that myself. There would surely be an issue - a moral one, at least - with asking the maroon hoardes to chuck their money into the abyss, if BDO knew it was pointless.




And then I have a cup of tea, give myself a shake, and remember that watching Hearts limping and crawling through the league next year will more than make up for any temporary disappointment I may feel.

[lapsedhibee]

BDO was appointed by the main creditor, who must surely have given them an indication of what sort of offer would be acceptable. They've also met with the main potential bidders.

Can't believe BDO would be going through all of this short term cash-raising if there was little/no chance of a bid being accepted.

:hmmm: Does anyone think they might be doing short-term cash raising to cover their own fees?

[Saorsa]

:hmmm: Does anyone think they might be doing short-term cash raising to cover their own fees?CWG will be along tae give you a row shortly :tsk tsk: :greengrin as he'll be getting p'd of typing the same thing. They winnae get their fees until it is sold one way or the other.

[Part/Time Supporter]

BDO was appointed by the main creditor, who must surely have given them an indication of what sort of offer would be acceptable. They've also met with the main potential bidders.

Can't believe BDO would be going through all of this short term cash-raising if there was little/no chance of a bid being accepted.

That doesn't mean it's a racing certainty, either.

From the Lithuanians' point of view, the best outcome is that somebody comes forward with a good offer (ie the land value of the property) to continue Hearts as a going concern, because it negates any hassle from people who would resist Hearts being shut down. Therefore they have to put the club on a reasonably solid footing by reducing costs, which they did, and then make it as attractive to buyers as possible within those limits, which they are also doing.

If they just cut everything out of sight, got rid of all the experienced players and had a squad of kids, nobody other than FOH would want to buy it. This would be self-defeating and they would have been just as well liquidating on day one. What they have done is maintained some outside interest, which they hope will lead to a good enough offer being made. The problems get worse for Hearts if all of the offers fall well short of the land value of the property.

[sidneyhibbie]

I Am not accepting that the rules have been folowed i will be contacting http://www.insolvency-practitioners.org.uk/regulation-and-guidance/scotland today to report BDO.

The creditors best interest are what BDO Should be working for and increasing the costs outlay is not in the creditors interests i am raging about this. They will not get away with this.

[Lucius Apuleius]

I Am not accepting that the rules have been folowed i will be contacting http://www.insolvency-practitioners.org.uk/regulation-and-guidance/scotland today to report BDO.

The creditors best interest are what BDO Should be working for and increasing the costs outlay is not in the creditors interests i am raging about this. They will not get away with this.

Go Sidney!!!!

[Part/Time Supporter]

This is where football is different I suppose. The money saved could have gone to the creditors but they have chose, instead, to sign another player and the argument for this, being speculated upon here, is that it may increase the value of the club, make it more attractive to a buyer or increase the sales of seasons tickets.

My question would now be how do they quantify any of those things?

Something smells worse than usual down gorgie way. All IMO of course.

Any wages spent on Wilson (that were earmarked for Sutton anyway) wouldn't have gone to the creditors as at the date Hearts entered administration. The funds that go to creditors will come from however much the buyer is willing to pay. The wages that Wilson is paid will have to be generated from the income the club earns during (and possibly after) administration.

I can understand why folk may be suspicious of their activities and motives given the way they have been administered in recent years, but folk have to realise that those responsible are no longer involved directly. They are now in an effort to survive. It's up to BDO to assess whether a deal helps to achieve this objective.


I Am not accepting that the rules have been folowed i will be contacting http://www.insolvency-practitioners.org.uk/regulation-and-guidance/scotland today to report BDO.

The creditors best interest are what BDO Should be working for and increasing the costs outlay is not in the creditors interests i am raging about this. They will not get away with this.

A complete waste of your time. If BDO have reason to believe signing Wilson will help in attracting an offer that is acceptable to the creditors, then BDO will have acted in the best interests of the creditors.

[Waxy]

Surely anyone wanting to buy hearts would get them much cheaper after liquidation?
This may be the way buyers will go

[CropleyWasGod]

Surely anyone wanting to buy hearts would get them much cheaper after liquidation?
This may be the way buyers will go

They might get them cheaper, but without any guarantee that they would be in the SPFL, not even in the bottom division, and no guarantee that there would be any players left.

[CropleyWasGod]

:hmmm: Does anyone think they might be doing short-term cash raising to cover their own fees?

You'll get a slap for not reading EVERY SINGLE FREAKING POST ON THIS THREAD, YOUNG MAN!!!!!!

Ahem.

What DD says.

[CropleyWasGod]

I Am not accepting that the rules have been folowed i will be contacting http://www.insolvency-practitioners.org.uk/regulation-and-guidance/scotland today to report BDO.

The creditors best interest are what BDO Should be working for and increasing the costs outlay is not in the creditors interests i am raging about this. They will not get away with this.

As PTS says, their belief is that they ARE working on behalf of the creditors. Any complaint by you might be best left until after the administration is complete, so that you can see the whole picture.

And, point of order, they haven't increased the costs. They have, apparently, replaced one player (Sutton) with another, who is probably cheaper.

You might want to read this first:-

http://www.richardlong.co.uk/corporate.html

[vincipernoi]

400,000 people helping the police with their inquiries.


Seriously though, just like the Jambos to sabotage their own positive thread with yet another sex crime.



fatbeardyjambopervgate coverup


- post 71 and subsequent chat about it been deleted/suppressed on kickback

[Treadstone]

In honour of Billy Brown.

Jamie Borthwick ‏@jamiekborthwick (https://twitter.com/jamiekborthwick)6m (https://twitter.com/jamiekborthwick/status/351617882364452864)
Billy Brown confirmed back at Hearts, taking no wage as assistant manager #notsostrugglin (https://twitter.com/search?q=%23notsostrugglin&src=hash) http://sport.stv.tv (http://t.co/NdFgmCHRWj)


http://www.youtube.com/watch?v=FOQWTdhRZw8

[Treadstone]

http://sport.stv.tv/football/clubs/hearts/231453-billy-brown-returns-to-hearts-to-work-with-boss-gary-locke-for-free/

[MWHIBBIES]

Back where he belongs

[StevieC]

BDO was appointed by the main creditor, who must surely have given them an indication of what sort of offer would be acceptable. They've also met with the main potential bidders.

Can't believe BDO would be going through all of this short term cash-raising if there was little/no chance of a bid being accepted.

My thinking is that those involved will be thinking along the lines of a consortium bid for control with FoH funding the monthly costs for the coming season.

This would give BDO hope that there could be a deal struck.

The problems for this though would be all parties agreeing, and I suspect that this would be close to impossible. The McKie group have stated that they want out of administration before the start of the season, to strengthen the side and avoid relegation. FoH have no real idea how much they will actually have, or for how long. FoH will want a level of fan control for their support, would a consortium allow this?

So it's possible that BDO will be holding out hope for a deal, but it is going to require a lot of boxes to be ticked before it actually happens.

[Bobby's Cinema]

this news does not sit right

[YehButNoBut]

On Hearts website as well, probably hoping he'll get an offer if they come out of admin ok.

http://www.heartsfc.co.uk/articles/20130701/billy-back-as-no-2_2241384_3224940

[lapsedhibee]

CWG will be along tae give you a row shortly :tsk tsk: :greengrin as he'll be getting p'd of typing the same thing. They winnae get their fees until it is sold one way or the other.

:wink:

[Waxy]

Waahaaaay.
Lads.Ye might no be very good but as long as ye try thats aw that matters.
disney bother me.
av been places and done things.
Right

[SMAXXA]

Personally couldn't give a toss what they do and couldn't care if they have signed Wilson, so what. Its still another hefty wage even at 50% cut that they cant afford to pay.

[lapsedhibee]

Waahaaaay.
Lads.Ye might no be very good but as long as ye try thats aw that matters.
disney bother me.
av been places and done things.
Right

Did Billy ever reveal what places he was referring to? Falkirk? Bradford? :dunno:

[Treadstone]

Did Billy ever reveal what places he was referring to? Falkirk? Bradford? :dunno:

Wallyford ?

[sidneyhibbie]

As PTS says, their belief is that they ARE working on behalf of the creditors. Any complaint by you might be best left until after the administration is complete, so that you can see the whole picture.

And, point of order, they haven't increased the costs. They have, apparently, replaced one player (Sutton) with another, who is probably cheaper.

You might want to read this first:-

http://www.richardlong.co.uk/corporate.html

Cheers for the information Moraly this is still wrong HWU Are due 160k and counting yet thet still get to use their facilities and employ additional players who will be using the facility and getting paid to do so.
Okay legally they are within the bended rules but morally totally out off order.

[Waxy]

Did Billy ever reveal what places he was referring to? Falkirk? Bradford? :dunno:Exactly.What does he mean by this.
does he mean he's been to fort William and done a p1sh behind a bush.
Or he's been to the kirkgate and done some shopping?

[The Green Goblin]

fatbeardyjambopervgate coverup


- post 71 and subsequent chat about it been deleted/suppressed on kickback

That must be why I couldn't find it. Can you tell/pm me what it was?

Funniest post on that thread for me is "Rudi should know". It doesn't seem to occur to them that their hero is currently rolling around in an EU grain mountain sized pile of cash he got from them over the years while they bake cakes and paint faces just to try and survive into next season. It wasn't even a shirt he had donated. It was a fan's precious memento.

The amount of self congratulation on that thread is hilarious.

[The Green Goblin]

Because all Big Teams do desperate fundraisers just to survive.

[HibbyAndy]

have ha ha hearts got danny wilson back ?

[CropleyWasGod]

have ha ha hearts got danny wilson back ?

He didn't leave.


Said Pinocchio.

[HibbyAndy]

Why the hell would this imbocile wish to remain at hearts???..They are a complete shambles of a club.

Surely others clubs were in for him.

What a complete oddball.

[jacomo]

have ha ha hearts got danny wilson back ?

I read SPFL's "explanation" about Danny Wilson last night, and it makes absolutely no sense whatsoever. They are claiming it is a contract extension, and so allowed despite the transfer embargo, but it is not - surely, it is a new contract, due to start today, replacing the loan agreement Hearts had with Liverpool?

Of course the Yams will crow about this and good luck to them, but I would like to see them explain how a new contract between Hearts and Danny Wilson only is in any way an extension of an agreement between Hearts and Liverpool FC.

They even renegotiated his wages.

http://www.bbc.co.uk/sport/0/football/23117440