The generic Hearts thread

[Joe6-2]

22964

😂😂😂

[Since452]

Penny starting to drop about Stendel on Kickback

[GreenCastle]

Penny starting to drop about Stendel on Kickback

He’s a diamond and they have a song about him though - they will never learn.

[Waxy]

Sackable form from Stendal.

[Hibbyradge]

Hearts have won THREE games this season and 2 of them were wins with HUUGE deflections

They were battered at Perth on Saturday and escaped with a 3-3 draw

Beaten at hame to Killie after being 3-0 down


Do people on here still honestly believe they are not in a relegation battle ?! Madness

I don't think anyone said they're not in a relegation battle, Andy.

[HIBERNIAN-0762]

Best laugh of the night 🤣🤣🤣

[007]

Great fact from Richard Gordon. Killie have 2 wins at Tynecastle this season, the same number as Hearts have.

[heid the baw]

Preston was predicting a push for top six the week after they beat the Rangers.

Sent from my SM-A405FN using Tapatalk

When they lose at Parkhead in their next game, top 6 will officially become a mathematical impossibility. In February 😂😂😂

[Keith_M]

"We’ve got a diamond Daniel Stendel.
A German that came from Barnsley.
He brought in high-press attacking football,
he came in to save HMFC.
We’ve got Souttar at the back,
Boycey in attack,
Stendel’s got us playing,
Hearts are back!"

[Northernhibee]

For the drop with Jurgen Flopp.

Found the name for the documentary.

[bingo70]

I don't think anyone said they're not in a relegation battle, Andy.

I think there’s been plenty that have been pretty dismissive of the possibility they could go down, especially after they signed Boyce.

They might go down, they might not, I think they’re in a lot deeper **** than many of them realise though, even if the league table should spell it out pretty clearly to them.

[HibbyAndy]

I don't think anyone said they're not in a relegation battle, Andy.

Oh there are a few Radge from a few months back , Can't remember the exact title of the thread but a few were saying not a chance they were in a relegation battle Which i predicted they would be :greengrin

Few months back but even then they were in trouble

[cabbageandribs1875]

do you think he's in deep thought about what he's ordering at the diggers after the game?22963

thank goodness he's covering that tongue for a change

[Pretty Boy]

There was a real dismissive attitude to them being genuine relegation candidates on here not so long ago. Arguments that they weren't as bad as was being implied.

We are now 25 games into the season and they are still bottom of the league, have still won the least games, still have one of the worst goal differences, have still lost the 2nd most games in the entire league, have still scored the (joint) 3rd least goals in the league and have conceded the (joint) 3rd most.

They are heading for at least the play offs. No new manager bounce worth noting, no confidence and dropping points to other teams around them.

[FitbaFolkKen]

There was a real dismissive attitude to them being genuine relegation candidates on here not so long ago. Arguments that they weren't as bad as was being implied.

We are now 25 games into the season and they are still bottom of the league, have still won the least games, still have one of the worst goal differences, have still lost the 2nd most games in the entire league, have still scored the (joint) 3rd least goals in the league and have conceded the (joint) 3rd most.

They are heading for at least the play offs. No new manager bounce worth noting, no confidence and dropping points to other teams around them.

Folk are maybe being cautious as the last time they were going down Butcher ruined the party.

I agree though, they are garbage and going to have a tough time.


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[Iggy Pope]

Great fact from Richard Gordon. Killie have 2 wins at Tynecastle this season, the same number as Hearts have.

Richard Gordon remains a prick. Great fact.

[NC1875]

We really need to beat them. Those 3 points could be crucial for them getting the drop

[Hibbyradge]

When they lose at Parkhead in their next game, top 6 will officially become a mathematical impossibility. In February 😂😂😂

That's lovely.

[bingo70]

That's lovely.

Don’t think it’s true though is it?

They’d be 12 points behind us in 6th place (if we lost) and there’d be 21 points to play for?

[Hibbyradge]

There was a real dismissive attitude to them being genuine relegation candidates on here not so long ago. Arguments that they weren't as bad as was being implied.

We are now 25 games into the season and they are still bottom of the league, have still won the least games, still have one of the worst goal differences, have still lost the 2nd most games in the entire league, have still scored the (joint) 3rd least goals in the league and have conceded the (joint) 3rd most.

They are heading for at least the play offs. No new manager bounce worth noting, no confidence and dropping points to other teams around them.

I refuse to get my hopes up.

I don't think they'll get relegated despite all your so-called facts. :wink:

[HibbyAndy]

I refuse to get my hopes up.

I don't think they'll get relegated despite all your so-called facts. :wink:


They might not , But they are well and truly fighting for top flight status.

[bingo70]

I refuse to get my hopes up.

I don't think they'll get relegated despite all your so-called facts. :wink:

There’s every chance they won’t go down, Hamilton in particular are a very poor side and St Mirren are not much better, although i thought they were decent against us.

It’s the people who completely dismiss it as a possibility that I don’t understand.

Naismith must be due to miss some games too as well.

[Hibbyradge]

I think there’s been plenty that have been pretty dismissive of the possibility they could go down, especially after they signed Boyce.

They might go down, they might not, I think they’re in a lot deeper **** than many of them realise though, even if the league table should spell it out pretty clearly to them.

There was a thread asking, "will hearts get relegated".

There are only 2 possible answers to that, both guesses. My guess was no.

People started demanding explanations as to why folk who guessed no and explanations were given.

That's not dismissing the possibility, it's explaining a guess.

[Pretty Boy]

They still seem to have a touching affection for 'our Daniel'. He's a 'breath of fresh air' and 'an intelligent man'. Very little dissent of note.

His last 19 league games as a manager reads:

LDLLDLLLDLLLLLDDWDL

12 losses
6 draws
1 win

Admittedly one of those draws was the greatest draw in the history of football but you would still expect a little bit of concern.

[Hibbyradge]

They might not , But they are well and truly fighting for top flight status.

Indeed so.

[bingo70]

There was a thread asking, "will hearts get relegated".

There are only 2 possible answers to that, both guesses. My guess was no.

People started demanding explanations as to why folk who guessed no and explanations were given.

That's not dismissing the possibility, it's explaining a guess.

It may have been the January transfer window thread, I’m not sure, but after they signed Boyce there were quite a few posts saying that any chance of them being relegated had gone. Same when they beat Rangers, although to be fair that was a bit more understandable.

[jakedance]

I really thought they’d have dug their way out of trouble by now. Shows what I know. Funny AF. We need to beat them.

[Pretty Boy]

For anyone wishing to pay tribute to the great man this is a nice addition to any wardrobe:

https://www.heartsdirect.co.uk/item/2377/Jackets/STENDEL-JACKET.html

This is NOT a parody.

[Hibbyradge]

For anyone wishing to pay tribute to the great man this is a nice addition to any wardrobe:

https://www.heartsdirect.co.uk/item/2377/Jackets/STENDEL-JACKET.html

This is NOT a parody.

My good god! That and the Lego bus are classics.

[Hibbyradge]

It may have been the January transfer window thread, I’m not sure, but after they signed Boyce there were quite a few posts saying that any chance of them being relegated had gone. Same when they beat Rangers, although to be fair that was a bit more understandable.

Fair dos. I didn't see those posts.

My comment about Boyce was that he might fail. I remember being told he wouldn't, right enough.

[Hibby70]

For anyone wishing to pay tribute to the great man this is a nice addition to any wardrobe:

https://www.heartsdirect.co.uk/item/2377/Jackets/STENDEL-JACKET.html

This is NOT a parody.

Comes complete with shoogly peg to hang it up.

[ancient hibee]

Don’t think it’s true though is it?

They’d be 12 points behind us in 6th place (if we lost) and there’d be 21 points to play for?
Quite correct.Do you think arithmetic is a lost art in Scotland?

[DaveF]

For anyone wishing to pay tribute to the great man this is a nice addition to any wardrobe:

https://www.heartsdirect.co.uk/item/2377/Jackets/STENDEL-JACKET.html

This is NOT a parody.

As worn by Daniel Stendhal 😁.

[Hibbyradge]

Don’t think it’s true though is it?

They’d be 12 points behind us in 6th place (if we lost) and there’d be 21 points to play for?

'kin boo!

[Gmack7]

Falkirk game just got a wee bit harder

[Gordy M]

Fair dos. I didn't see those posts.

My comment about Boyce was that he might fail. I remember being told he wouldn't, right enough.

There was posters suggestimg they would finish above us when they were winning in perth and we were 2 down to St Mirren........

[007]

I think there’s been plenty that have been pretty dismissive of the possibility they could go down, especially after they signed Boyce.

They might go down, they might not, I think they’re in a lot deeper **** than many of them realise though, even if the league table should spell it out pretty clearly to them.

I thought Boyce could well be their saviour, as did a lot of them probably. After conceding 3 at St Johnstone and 3 at home to Killie, now I'm not so sure he will be. He could get a goal a game and it still not be enough.

[Hibbyradge]

There was posters suggestimg they would finish above us when they were winning in perth and we were 2 down to St Mirren........

Really? :faf:

They must have been either professional bed wetters or undercover Duncan's.

[CraigHibee]

Penny starting to drop about Stendel on Kickback

if they keep up with these results it's not the only thing thats going to drop :greengrin

[calumhibee1]

Hope Celtic ****ing skelp them. The Hamilton game would come with huge pressure if that happens.

[SquashedFrogg]

if they keep up with these results it's not the only thing thats going to drop :greengrin

Thread about how he's the new Cathro 😂

[dchibs]

My good god! That and the Lego bus are classics.

And the balloons look like they are going down.:na na:

[Real Emerald]

They still seem to have a touching affection for 'our Daniel'. He's a 'breath of fresh air' and 'an intelligent man'. Very little dissent of note.

His last 19 league games as a manager reads:

LDLLDLLLDLLLLLDDWDL

12 losses
6 draws
1 win

Admittedly one of those draws was the greatest draw in the history of football but you would still expect a little bit of concern.

Their adulation of a previously unheard of manager who hadn’t heard of them was just weird. He can do no wrong, etc. etc. He comes to Scotland knowing nothing about our game and then tells everyone willing to listen what his tactics are, really clever. It’s almost as bad as Levien taking praise for clean sheets from a team who went out for nil nil draws. He’s decided to attack and no bother with defending with relegation looming, clever or what?

He’ll go down as another who came to Scotland with no Scooby of what is required, sign also ran duds and be launched back to the back of beyond. As they say, pleasing. ��

[tamig]

For anyone wishing to pay tribute to the great man this is a nice addition to any wardrobe:

https://www.heartsdirect.co.uk/item/2377/Jackets/STENDEL-JACKET.html

This is NOT a parody.
Jeez.

[Real Emerald]

For anyone wishing to pay tribute to the great man this is a nice addition to any wardrobe:

https://www.heartsdirect.co.uk/item/2377/Jackets/STENDEL-JACKET.html

This is NOT a parody.

At least its quite genuine, its a DOWN jacket :thumbsup:

[HIBERNIAN-0762]

At least its quite genuine, its a DOWN jacket :thumbsup:

:tee hee:

[660]

Kilmarnock have won as many games at Tynecastle this season as hertz hahahahaha

[CraigHibee]

Thread about how he's the new Cathro 😂

just been reading it, comedy gold :thumbsup:

[Daydreamer]

What does everyone think of Levein coming back as Interim Manager?:wink:

[Hibby70]

What does everyone think of Levein coming back as Interim Manager?:wink:

Reckon they could do with him at centre half (assuming he's not in the toilet)

[Joe6-2]

Reckon they could do with him at centre half (assuming he's not in the toilet)

They all will be at this rate, shi**ing themselves

[Bostonhibby]

Thread about how he's the new Cathro [emoji23]It's all very well, but I just can't see him working with Father Ted in the same way as the maestro.

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[IWasThere2016]

Expensive sum for half their squad..

https://www.heartsdirect.co.uk/item/1850/SouvenirsGifts/Pack-of-10-Hearts-Balloons.html

[AltheHibby]

This one gets it:


"I'd like to see research that looks at the average IQ of different fan bases. Genuinely believe we'd rank as one of the lowest. "
:agree:

[The 90+2]

"We’ve got a diamond Daniel Stendel.
A German that came from Barnsley.
He brought in high-press attacking football,
he came in to save HMFC.
We’ve got Souttar at the back,
Boycey in attack,
Stendel’s got us playing,
Hearts are back!"

To what tune? Steptoe and son?
Married with children?

I bet they end up playing Dundee in the playoff.

[matty_f]

It's a bit of a pity that they got a penalty and Killie had their goalie red carded as it kind of masked how bad Hearts were.

Has there been a Hearts manager with a worse start to their career there?

[007]

Thread about how he's the new Cathro 😂

Budge's criteria was someone high profile, experienced and knew the Scottish game. Stendel couldn't have been much more low profile. Not many up here knew much, or anything, about him before his name came up as a potential candidate. He'd only been a head coach for 100 games (German 2and tier team & English 3rd tier team) so not very experienced. Only knew of Celtic and Rangers so definitely didn't know the Scottish game.

She should have hired Cathro 😀, he fitted her criteria better. Everyone up here knows him so he qualifies as high profile, less experienced than Stendel in terms of number of games but at least he knew the Scottish game.

Cathro's Hearts win ratio 27% vs Stendel's 18%. I think they got the wrong guy. Shame.

[green with envy]

It's a bit of a pity that they got a penalty and Killie had their goalie red carded as it kind of masked how bad Hearts were.

Has there been a Hearts manager with a worse start to their career there?

On the way home from ibrox,my auldest lad got a text from his ST holder jambo mate to say that herts were truly awful. Fair put a smile on my face.

[CraigHibee]

my auldest lad got a text from his ST holder jambo mate to say that herts were truly awful

Sounds like theyve improved 🤣

[The 90+2]

It's a bit of a pity that they got a penalty and Killie had their goalie red carded as it kind of masked how bad Hearts were.

Has there been a Hearts manager with a worse start to their career there?

Matty, they get pumped, outrage. They lose 3-2 at home to a team that’s not won away in the league since Jesus rolled the stone from the tomb (okay last time at Tynie) - high press unlucky football.

[Ronniekirk]

Just a blip on the comeback trail .Lulling is into a false sense of security
Surely Budge and Levine couldn’t of made the wrong appointment
Wonder if the Anon Donner s will pull the plug and cut their losses if Relegation is indeed their fate



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[cocteautwin]

Expensive sum for half their squad..

https://www.heartsdirect.co.uk/item/1850/SouvenirsGifts/Pack-of-10-Hearts-Balloons.html

The original budget for the balloons was £2.95 but they somehow spent £500,000 on it, with the bulk of the purchase price being paid to a relative of the chairperson of the club and none of it being questioned by the fans who put in the £0.5m (anonymously).

[FilipinoHibs]

Just a blip on the comeback trail .Lulling is into a false sense of security
Surely Budge and Levine couldn’t of made the wrong appointment
Wonder if the Anon Donner s will pull the plug and cut their losses if Relegation is indeed their fate



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Anon Doner funds dried up. Seriously cutting into their personal wealth. Hearts have to survive on real football income. Loan of £1.9 million to Budge to be paid back. Her brother still owed £0.75 million for work on stand/ground. £1.5 million to finish stand. FOH DDs drying up with Budge first loan paid off. Large expensive squad. Wonder how the fans will manage these finances.

[cocteautwin]

Anon Doner funds dried up. Seriously cutting into their personal wealth. Hearts have to survive on real football income. Loan of £1.9 million to Budge to be paid back. Her brother still owed £0.75 million for work on stand/ground. £1.5 million to finish stand. FOH DDs drying up with Budge first loan paid off. Large expensive squad. Wonder how the fans will manage these finances.

One does have to think that these might be some of the reasons she's keen to get the transfer of shares sorted ASAP. I certainly wouldn't want to be holding the parcel as the club enters the new season. I wonder if FOH know that they are taking over a club with an annual funding deficit of some £4m, a wage bill of £8m and a Turnover number that's inflated by low margin projects that don't actually give the club more to spend? I doubt they've even questioned it to be honest. When the music stops they'll gleefully unwrap the final layer of the parcel . . . . . . . . only to find that what's inside the box is another fresh pile of steaming stinking dugsh !te.

[FilipinoHibs]

One does have to think that these might be some of the reasons she's keen to get the transfer of shares sorted ASAP. I certainly wouldn't want to be holding the parcel as the club enters the new season. I wonder if FOH know that they are taking over a club with an annual funding deficit of some £4m, a wage bill of £8m and a Turnover number that's inflated by low margin projects that don't actually give the club more to spend? I doubt they've even questioned it to be honest. When the music stops they'll gleefully unwrap the final layer of the parcel . . . . . . . . only to find that what's inside the box is another fresh pile of steaming stinking dugsh !te.

🤪

[Deansy]

It's a bit of a pity that they got a penalty and Killie had their goalie red carded as it kind of masked how bad Hearts were.

Has there been a Hearts manager with a worse start to their career there?

Highlights of their humping-


https://youtu.be/r6DkYqseAAE


The Killie-goalie's red-card is shameful - ok, he threw the ball away but the very instant he did it there's about 4-5 Jambos leaping right onto the ref, screaming at him as obviously the goalie had just got booked for the penalty but the Jambo-players actions with the ref were like something out of a David Attenborough wild-life documentary when a starving predator finds food !!

[Heisenberg]

Highlights of their humping-


https://youtu.be/r6DkYqseAAE


The Killie-goalie's red-card is shameful - ok, he threw the ball away but the very instant he did it there's about 4-5 Jambos leaping right onto the ref, screaming at him as obviously the goalie had just got booked for the penalty but the Jambo-players actions with the ref were like something out of a David Attenborough wild-life documentary when a starving predator finds food !!

Close up of Naismith after the first Killie goal goes in catches him screaming “****ing shambles” at another player 😂

[Since452]

Hearts fans now see 3-3 draws and 3-2 defeats as entertaining and adore their Daniel for it. To them it's better than Leveins 1-1 draws and 1-0 defeats when in reality it's the same. Dangerous game to play.

[Deansy]

Close up of Naismith after the first Killie goal goes in catches his screaming “****ing shambles” at another player 😂


Looks like Boyce he's saying it to - maybe a wee bit o' friction developing between their forwards and their defence ??. Hope so, I want them to go down in style - plummeting, greeting, screaming etc, etc !. Surely can't be long until they start getting all nostalgic about Potter's time there ………………………..

[weecounty hibby]

Was it the greatest 2-3 defeat in the history of football. I mean they were 0-3 down and the opposition had a man sent off, they were awarded a penalty but surely it is an indication of how great a manager Duncan, I mean Daniel is

[Callum_62]

Highlights of their humping-


https://youtu.be/r6DkYqseAAE


The Killie-goalie's red-card is shameful - ok, he threw the ball away but the very instant he did it there's about 4-5 Jambos leaping right onto the ref, screaming at him as obviously the goalie had just got booked for the penalty but the Jambo-players actions with the ref were like something out of a David Attenborough wild-life documentary when a starving predator finds food !!How's it even time wasting? Hearts Wernt exactly trying to take a quick restart [emoji23]

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[Col2]

Hearts fans now see 3-3 draws and 3-2 defeats as entertaining and adore their Daniel for it. To them it's better than Leveins 1-1 draws and 1-0 defeats when in reality it's the same. Dangerous game to play.

They are very close to accepting relegation isn’t that bad on the basis their Daniel has transformed the way they play. And even if they went down they know deep down those benefactors would plow millions and millions into the club - it’s not real money is it after all.

[Sudds_1]

How's it even time wasting? Hearts Wernt exactly trying to take a quick restart [emoji23]

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Not wven sure it was a booking OR a pen!

[Since452]

Falkirk will put them out the cup and Celtic will destroy them. Any bit of confidence from the fluky win against their big brothers will be gone and there will be even more doubts about Stendel.

[flash]

That's never a penalty never mind the ludicrous two yellow cards for the keeper. Make no mistake the Hertz are one of the establishment clubs and will be officiated accordingly to try and save them.

[Caversham Green]

Don’t think it’s true though is it?

They’d be 12 points behind us in 6th place (if we lost) and there’d be 21 points to play for?

Some of the clubs between sixth and eleventh have to play each other so at least some of them will pick up points. We also have to play four of those five clubs and if we were to lose all those games each of those clubs will have gained another three points. It might not be a mathematical certainty yet (too complicated for my auld brain to work out) but it would take an incredible run of results for them to make sixth.

[Oscar T Grouch]

Was a bit annoyed last night coming back from the weeg and didn’t fancy reading .net so I took a wee peek into 12pointsback. Their “We have another Cathro” is a joy to behold. It’s a split of heads in the sand and lots of pennies dropping. There’s also some fine work by Hibees that has mostly gone unnoticed, one post even copying a section from a post on this thread. It fair cheered my journey home. I then wake up this morning and there’s 4 more pages of tears and snotters for my enjoyment on that thread.

[HUTCHYHIBBY]

Wonder if the Anon Donner s will pull the plug and cut their losses if Relegation is indeed their fate

Shish! That would be amazing! 😉

[Caversham Green]

There was a thread asking, "will hearts get relegated".

There are only 2 possible answers to that, both guesses. My guess was no.

People started demanding explanations as to why folk who guessed no and explanations were given.

That's not dismissing the possibility, it's explaining a guess.

There seemed to be some who were absolutely certain they wouldn't go down though. I can't help feeling those same people would be just as certain that Hibs were going down if we were in the exact same position. In fact I think some were predicting relegation for us when Hecky was still at the wheel.

[Hibernian Verse]

They want censorship on Kickback for anything that is remotely anti-Stendal.

TynecastleBC5
Junior Member
TynecastleBC5
Registered Users C

189 posts
Location - Edinburgh
Posted 11 hours ago
Mods close thread. Trolling of the highest order. Why was this thread even allowed to be started.

[FilipinoHibs]

They are very close to accepting relegation isn’t that bad on the basis their Daniel has transformed the way they play. And even if they went down they know deep down those benefactors would plow millions and millions into the club - it’s not real money is it after all.

Looking at the highlights the high press really exposed them. Every team in Scotland has them sussed. Not looking good for them.

[Thief]

The highlights reminded me of those games you played as a kid up the local park where no one wanted to defend!
Some of the deluded will argue that they’re creating a lot of chances - well you will if you play like that but as this game shows you’ll also lose goals.
I honestly think Stendel is completely out his depth and should’ve retained the old hands to grind himself to safety before attempting a rebuild in the summer.
Pleasing.


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[Bostonhibby]

How's it even time wasting? Hearts Wernt exactly trying to take a quick restart [emoji23]

Sent from my VOG-L29 using TapatalkAnother funny wee dive from "Naisy" there as well. How can you press anyone's gugens if you're chucking yourself on the ground every week?

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[Hibeesmad]

If they don't get at least 4 points against Hamilton and St Mirren then I think that the Play Offs are a definite for them.

Us, Livi and Aberdeen away before the split as well as Motherwell at home.

[Deansy]

Serious question - if they do get relegated, will they still be 'Famous' ??

[Sioux]

Budge's criteria was someone high profile, experienced and knew the Scottish game. Stendel couldn't have been much more low profile. Not many up here knew much, or anything, about him before his name came up as a potential candidate. He'd only been a head coach for 100 games (German 2and tier team & English 3rd tier team) so not very experienced. Only knew of Celtic and Rangers so definitely didn't know the Scottish game.

She should have hired Cathro 😀, he fitted her criteria better. Everyone up here knows him so he qualifies as high profile, less experienced than Stendel in terms of number of games but at least he knew the Scottish game.

Cathro's Hearts win ratio 27% vs Stendel's 18%. I think they got the wrong guy. Shame.

There was a significant number on here that had him at the top of their list!!

[Bostonhibby]

Serious question - if they do get relegated, will they still be 'Famous' ??I think stealing the charity funds they did ensures their infamy for as long as right thinking people want to remind them of it so fame of sorts should always follow the "famous".

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[Spike Mandela]

Close up of Naismith after the first Killie goal goes in catches him screaming “****ing shambles” at another player 😂

Noticed that and it was him that headered the ball upminto the danger area.:greengrin

[Hibbyradge]

Falkirk will put them out the cup and Celtic will destroy them. Any bit of confidence from the fluky win against their big brothers will be gone and there will be even more certainty about Stendel's greatness.

Ftfy

[Hibbyradge]

There seemed to be some who were absolutely certain they wouldn't go down though. I can't help feeling those same people would be just as certain that Hibs were going down if we were in the exact same position. In fact I think some were predicting relegation for us when Hecky was still at the wheel.

Very likely.

There's as many undercover Duncans on here as there are Hibbies on keeckback.

[Iggy Pope]

There was posters suggestimg they would finish above us when they were winning in perth and we were 2 down to St Mirren........

One in particular anyway.

[Iggy Pope]

They want censorship on Kickback for anything that is remotely anti-Stendal.

TynecastleBC5
Junior Member
TynecastleBC5
Registered Users C

189 posts
Location - Edinburgh
Posted 11 hours ago
Mods close thread. Trolling of the highest order. Why was this thread even allowed to be started.

It will be book burnings next, mark my words.

[G B Young]

Not wven sure it was a booking OR a pen!

Soft penalty for sure.

[G B Young]

Sorry if already discussed earlier in the thread but I note that Budge is staying on as chairman as chief exec despite the fan 'buyout' nearing completion.

https://www.bbc.co.uk/sport/football/51383726

Is this really what 'fan ownership' was meant to be about ie they own the majority shareholding (which, I guess, provides security against another mad Vlad-like takeover), but on a day-to-day basis it's as you were with Budge calling the shots? What actual influence do the fans have? Other than asking them to keep digging into their pockets, Budge clearly feels they should have as little as possible, describing the prospect of the fans running the club as "a disaster".

[Kato]

It will be book burnings next, mark my words.That'll leave a hell of a lot crayons going begging.

Sent from my SM-A405FN using Tapatalk

[Caversham Green]

Very likely.

There's as many undercover Duncans on here as there are Hibbies on keeckback.

I don't think they were all Duncans either - it just seems to be a condition of some football fans (particularly Hibbys) that they think other clubs are more competent than their own.

[Since452]

I would love it if they get relegated. Love it.

[Hibbyradge]

I don't think they were all Duncans either - it just seems to be a condition of some football fans (particularly Hibbys) that they think other clubs are more competent than their own.

Yeah, I concur.

[surreyhibbie]

Sorry if already discussed earlier in the thread but I note that Budge is staying on as chairman as chief exec despite the fan 'buyout' nearing completion.

https://www.bbc.co.uk/sport/football/51383726

Is this really what 'fan ownership' was meant to be about ie they own the majority shareholding (which, I guess, provides security against another mad Vlad-like takeover), but on a day-to-day basis it's as you were with Budge calling the shots? What actual influence do the fans have? Other than asking them to keep digging into their pockets, Budge clearly feels they should have as little as possible, describing the prospect of the fans running the club as "a disaster".

cant find anything on Keechback, which is surprising...

:greengrin

[Hibs Fraggle]

Sorry if already discussed earlier in the thread but I note that Budge is staying on as chairman as chief exec despite the fan 'buyout' nearing completion.

https://www.bbc.co.uk/sport/football/51383726

Is this really what 'fan ownership' was meant to be about ie they own the majority shareholding (which, I guess, provides security against another mad Vlad-like takeover), but on a day-to-day basis it's as you were with Budge calling the shots? What actual influence do the fans have? Other than asking them to keep digging into their pockets, Budge clearly feels they should have as little as possible, describing the prospect of the fans running the club as "a disaster".

:greengrin

[04Sauzee]

Don't blame Stendel if theyget relegated . Where to start with the OP :confused::greengrin

https://www.hmfckickback.co.uk/index.php?/topic/187377-if-we-go-down-dont-blame-stendel/

[jacomo]

Looking at the highlights the high press really exposed them. Every team in Scotland has them sussed. Not looking good for them.


Budget specifically hired Stendel for his ‘style of play’.

If you ever listen to what Klopp says, the geggenpresse requires work, work and more work... plus players capable of implementing it of course.

Stendel has to wait a month before his own choice of assistant could join him and is more or less stuck with the same defence who seem incapable of playing the way he wants them to.

It’s all a bit of a laugh, eh?

[Biggie]

I would love it if they get relegated. Love it.
I'm with you.......it would be truly magnificent

[Jack Hackett]

I'm with you.......it would be truly magnificent

... Not to mention a guaranteed 4th season on the trot finishing higher :greengrin

[CloudSquall]

Don't blame Stendel if theyget relegated . Where to start with the OP :confused::greengrin

https://www.hmfckickback.co.uk/index.php?/topic/187377-if-we-go-down-dont-blame-stendel/


Reading that Budge is waiting for the moment "when she can preside over the climax' was a difficult read:greengrin

[jacomo]

Don't blame Stendel if theyget relegated . Where to start with the OP :confused::greengrin

https://www.hmfckickback.co.uk/index.php?/topic/187377-if-we-go-down-dont-blame-stendel/


I kind of agree.

It’s insane to me that they decided to replace Levein mid-season, while in a relegation scrap and with a bloated squad of cloggers, with a manager whose views on how the game should be played is diametrically opposite.

The only way to make that a success is to hire an entirely new coaching team (because a huge amount of work will be needed on the training ground) and perform a major squad overall.

Budge has dithered on both.

As a result, Stendel has the authority to change things but lacks the resources to make a success of it. Even the most talented coach would struggle in such situations.

[KeithTheHibby]

They have shipped 6 goals in the last 2 games against pretty bang average sides so they can play the high press all they want, if their defensive shape is dug ***** they will continue to leak goals.

Imagine scoring 5 goals in the last 2 games and only getting 1 point?:greengrin

[surreyhibbie]

Reading that Budge is waiting for the moment "when she can preside over the climax' was a difficult read:greengrin

:greengrin

some of them want a statue to her!

To be fair, they are being shot down by a few others

All great fun :greengrin

[BoomtownHibees]

They have shipped 6 goals in the last 2 games against pretty bang average sides so they can play the high press all they want, if their defensive shape is dug ***** they will continue to leak goals.

Imagine scoring 5 goals in the last 2 games and only getting 1 point?:greengrin

Aye but what a point it was

[Hermit Crab]

That's never a penalty never mind the ludicrous two yellow cards for the keeper. Make no mistake the Hertz are one of the establishment clubs and will be officiated accordingly to try and save them.


I didn't think that was a penalty either, stupid 2nd yellow from the keeper though.

Hearts keeper is affectionately referred to as poppadom hands now. :greengrin

[Bostonhibby]

:greengrin

some of them want a statue to her!

To be fair, they are being shot down by a few others

All great fun :greengrinThe statues a great idea, they should get Mrs doctor Budge to project manage it like she did with the megastand and FOH to over pay for it.

If they make it five hundred feet tall it might be possible to get a castle view from the top of it and they can brag about bigliness again as well.

Sent from my SM-A750FN using Tapatalk

[Mantis Toboggan]

Sorry if already discussed earlier in the thread but I note that Budge is staying on as chairman as chief exec despite the fan 'buyout' nearing completion.

https://www.bbc.co.uk/sport/football/51383726

Is this really what 'fan ownership' was meant to be about ie they own the majority shareholding (which, I guess, provides security against another mad Vlad-like takeover), but on a day-to-day basis it's as you were with Budge calling the shots? What actual influence do the fans have? Other than asking them to keep digging into their pockets, Budge clearly feels they should have as little as possible, describing the prospect of the fans running the club as "a disaster".

Don't think it is either feasible or desirable to have fans calling the shots operationally - you would want qualified people in all key management positions, not some cardigan wearing committee of jambo dunces demanding they sign world cup stars.

That said, they can do a lot better than Budge - she is demonstrably completely useless.

[Hibeesmad]

Tbh I thought Hearts would have had a better transfer window than they did. It seems as if they have thrown their entire budget at Boyce saving them.

[SHODAN]

Tbh I thought Hearts would have had a better transfer window than they did. It seems as if they have thrown their entire budget at Boyce saving them.

Yup. Boyce and three unknown quantities is not what I'd expect from a team fighting relegation.

[Cataplana]

Don't think it is either feasible or desirable to have fans calling the shots operationally - you would want qualified people in all key management positions, not some cardigan wearing committee of jambo dunces demanding they sign world cup stars.

That said, they can do a lot better than Budge - she is demonstrably completely useless.

It should be atop Arthur's Seat in Christ the Redeemer pose.

[Deansy]

Don't think it is either feasible or desirable to have fans calling the shots operationally - you would want qualified people in all key management positions, not some cardigan wearing committee of jambo dunces demanding they sign world cup stars.

That said, they can do a lot better than Budge - she is demonstrably completely useless.


Totally dis-agree - even if what we see over on 'Throw-back' is just a tiny example of their collective IQ, then I can't wait for them to take over ! It could seriously rival the huge amount of fun & laughter we've had with the Huns ……………………… just not as long though, because with those plums at the helm they'll be tits-up within a season probably !

[The 90+2]

I'm with you.......it would be truly magnificent

Anyone that says they would miss the derbies too much is a liar. They go down it would be magic.

[Frankhfc]

Anyone that says they would miss the derbies too much is a liar. They go down it would be magic.

The way Hearts are and the dire mess they're in that will likely take some years to sort out we'd almost certainly miss the points we'd take from them.

[Barman Stanton]

Anyone that says they would miss the derbies too much is a liar. They go down it would be magic.

Damn right. I would possibly miss the derbys in the rare moments that I sopped laughing.

We seem to get them in one of the cups most years anyway.

[cocteautwin]

Serious question - if they do get relegated, will they still be 'Famous' ??

Aye. Famous for smashing through £30m and still getting relegated. It’s too much to hope for. Fingers crossed.

[G B Young]

Don't think it is either feasible or desirable to have fans calling the shots operationally - you would want qualified people in all key management positions, not some cardigan wearing committee of jambo dunces demanding they sign world cup stars.

That said, they can do a lot better than Budge - she is demonstrably completely useless.

I agree. I guess I just kind of assumed that within the fans group, which has been in existence for a number of years now, there would have existed a number of fans of requisite business acumen to form a new board rather than them simply rolling out the red carpet for Queen Anne to preside over a fresh era of incompetence.

[Kato]

Aye. Famous for smashing through £30m and still getting relegated. It’s too much to hope for. Fingers crossed.Except in Standhal's hoose, they aren't famous there.

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[SHODAN]

I would miss the derbies, but they'd be back soon enough.

[HUTCHYHIBBY]

It should be atop Arthur's Seat in Christ the Redeemer pose.

Could get Budgie to pose in the same stance as The Motherland Monument in Kiev.

22967

[Sioux]

Sorry if already discussed earlier in the thread but I note that Budge is staying on as chairman as chief exec despite the fan 'buyout' nearing completion.

https://www.bbc.co.uk/sport/football/51383726

Is this really what 'fan ownership' was meant to be about ie they own the majority shareholding (which, I guess, provides security against another mad Vlad-like takeover), but on a day-to-day basis it's as you were with Budge calling the shots? What actual influence do the fans have? Other than asking them to keep digging into their pockets, Budge clearly feels they should have as little as possible, describing the prospect of the fans running the club as "a disaster".

Do you really think that 'fans/subscribers' would be on the board, or one of them being CEO?

RG is the major shareholder at ER but had nothing to do with the every day running of the club.

The very thought of fans being influential in the running of the club is borderline 'cuckoo's nest' scenario.

[Sudds_1]

Could get Budgie to pose in the same stance as The Motherland Monument in Kiev.

22967

presiding over the climax perhaps?'🤢🤮

[Peevemor]

Do you really think that 'fans/subscribers' would be on the board, or one of them being CEO?

RG is the major shareholder at ER but had nothing to do with the every day running of the club.

The very thought of fans being influential in the running of the club is borderline 'cuckoo's nest' scenario.

Hecky wouldn't have been sacked without the OK from Ron. Same for JR's appointment.

If an indoor facility is to be built at East Mains or something done with the corners at ER, it'll either be instigated by Ron or given the nod from Ron after a proposal from the board.

He ultimately has the final say on everything, even though the vast majority of decision making will be delegated.

Hearts under fan ownership won't have that and factions could easily form within FoH when and if the **** starts hitting the fan.

[Bostonhibby]

Hecky wouldn't have been sacked without the OK from Ron. Same for JR's appointment.

If an indoor facility is to be built at East Mains or something done with the corners at ER, it'll either be instigated by Ron or given the nod from Ron after a proposal from the board.

He ultimately has the final say on everything, even though the vast majority of decision making will be delegated.

Hearts under fan ownership won't have that and factions could easily form within FoH when and if the **** starts hitting the fan.This seems to be the way your average Duncan wants it to go, our family yam who long since cancelled his DD favours committees responsible for various areas with the head of each committee being on the board.

Very Pythonesque-It sounds like their very own version of the Judean People's Front V the People's Front of Judea.

A couple of hundred maroon cardigan and Beige corduroy wearers arguing with another couple of hundred beige cardigan and maroon corduroy wearers over whether to play Uche in goals or on the wing.

Personally I think Budge holds all the aces and is getting her cash out plus interest but going nowhere. Pleasing.

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[Peevemor]

This seems to be the way your average Duncan wants it to go, our family yam who long since cancelled his DD favours committees responsible for various areas with the head of each committee being on the board.

Very Pythonesque-It sounds like their very own version of the Judean People's Front V the People's Front of Judea.

A couple of hundred maroon cardigan and Beige corduroy wearers arguing with another couple of hundred beige cardigan and maroon corduroy wearers over whether to play Uche in goals or on the wing.

Personally I think Budge holds all the aces and is getting her cash out plus interest but going nowhere. Pleasing.

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I don't know how representative JKB is, but they really turned on Budge and she'll either get binned or throw in the towel eventually. At that point the heid bummer will be a FoH appointment - what happens if things go tits up again and half the FoH subscribers want a change?

I'm not saying that a fan ownership set-up can't work, but they'll be lucky if it does, especially with the over-inflated opinion they have of their club.

[Bostonhibby]

I don't know how representative JKB is, but they really turned on Budge and she'll either get binned or throw in the towel eventually. At that point the heid bummer will be a FoH appointment - what happens if things go tits up again and half the FoH subscribers want a change?

I'm not saying that a fan ownership set-up can't work, but they'll be lucky if it does, especially with the over-inflated opinion they have of their club.That would be an enjoyable outcome too as there's a compliant committee type feel to the relationship between mrs doctor Budge and the current FOH folk who seem to go along with whatever she fancies doing next.

Sent from my SM-A750FN using Tapatalk

[CloudSquall]

This seems to be the way your average Duncan wants it to go, our family yam who long since cancelled his DD favours committees responsible for various areas with the head of each committee being on the board.

Does the comrade also intend to introduce "5 year plans"? :greengrin

[Bostonhibby]

Does the comrade also intend to introduce "5 year plans"? :greengrinAh, the good old 5 year plan, I'm really looking forward to seeing Rod's. Maybe he's working on one to transform the SFA[emoji16]

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[Waxy]

Budge cant go on forever. Spring chicken shes not. What then?

[Kojock]

[QUOTE=HUTCHYHIBBY;6075137]Could get Budgie to pose in the same stance as The Motherland Monument in Kiev.

22967

[Sudds_1]

[QUOTE=HUTCHYHIBBY;6075137]Could get Budgie to pose in the same stance as The Motherland Monument in Kiev.

22967

She doesnt look very climactic to me! Who airbrushed out levein btw? 😄😄

[Bostonhibby]

Budge cant go on forever. Spring chicken shes not. What then?Do they have any other spare directors knocking about ready for a Lazarus like return?

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[Since452]

Their defence makes ours look like the great wall of China. Soutar and Halkett getting abuse. They could really do with an experienced head in there. Someone who knows what the club is all about. Can't think who would be available..

[Billy Whizz]

Sorry if already discussed earlier in the thread but I note that Budge is staying on as chairman as chief exec despite the fan 'buyout' nearing completion.

https://www.bbc.co.uk/sport/football/51383726

Is this really what 'fan ownership' was meant to be about ie they own the majority shareholding (which, I guess, provides security against another mad Vlad-like takeover), but on a day-to-day basis it's as you were with Budge calling the shots? What actual influence do the fans have? Other than asking them to keep digging into their pockets, Budge clearly feels they should have as little as possible, describing the prospect of the fans running the club as "a disaster".

They need someone to run them properly😄

[FilipinoHibs]

They need someone to run them properly😄

There is still another £1.9 million loan outstanding to Budge and her brother is owed another £0.75 million for work done on the stadium. She was going to hang around for another year but now looks to be an indefinite period. She needs to trim costs and somehow get her family's money back. Best of luck with that Queen Anne.

[hibbyfraelibby]

Serious question - if they do get relegated, will they still be 'Famous' ??

Famously relegated...

[007]

Serious question - if they do get relegated, will they still be 'Famous' ??

As far as I'm concerned they're "Infamous".

[jacomo]

Banderson has given Budget more fawning coverage in the EEN today.

It’s the usual tedious chat from her, but she confirms that she is staying on as chair and CEO, which is obviously great news.

She also confesses that the dressing rooms in the new stand were far too big, so they’ve had to change that a bit. Either she didn’t understand the measurements on the plans, or there were no plans... she doesn’t say.

[Steven79]

Banderson has given Budget more fawning coverage in the EEN today.

It’s the usual tedious chat from her, but she confirms that she is staying on as chair and CEO, which is obviously great news.

She also confesses that the dressing rooms in the new stand were far too big, so they’ve had to change that a bit. Either she didn’t understand the measurements on the plans, or there were no plans... she doesn’t say.

I'm just impressed that they managed to remember that they needed two dressing rooms since they forgot to order seats...

[Cataplana]

Banderson has given Budget more fawning coverage in the EEN today.

It’s the usual tedious chat from her, but she confirms that she is staying on as chair and CEO, which is obviously great news.

She also confesses that the dressing rooms in the new stand were far too big, so they’ve had to change that a bit. Either she didn’t understand the measurements on the plans, or there were no plans... she doesn’t say.

I expect that she will tell us a 21,000 seat stadium was too big soon, and also that Hearts are too big and have decided to down size to a Championship team.

The deluded will lap it us and start to mock us for being a big team, as that model is a thing of the past.

Balance sheets in the black, and a winning team on the pitch are also going to be yesterday's thing soon.

[jacomo]

I expect that she will tell us a 21,000 seat stadium was too big soon, and also that Hearts are too big and have decided to down size to a Championship team.

The deluded will lap it us and start to mock us for being a big team, as that model is a thing of the past.

Balance sheets in the black, and a winning team on the pitch are also going to be yesterday's thing soon.


Hope they don’t give up on wanting to be famous though, because getting relegated will generate a lot of media coverage.

Time to get fitted up for a new outfit, Budgie!

[Cataplana]

Hope they don’t give up on wanting to be famous though, because getting relegated will generate a lot of media coverage.

Time to get fitted up for a new outfit, Budgie!

Yes, that will be important for a while. However in time lack of media coverage will be a real sign of being famous.

They will say that they have been told by many people how famous they are. You can't buy publicity like that.

[Bostonhibby]

Yes, that will be important for a while. However in time lack of media coverage will be a real sign of being famous.

They will say that they have been told by many people how famous they are. You can't buy publicity like that."Infamy! Infamy!

They've all got it in for me".

Carry on Annie, you're doing a great job.

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[green day]

I expect that she will tell us a 21,000 seat stadium was too big soon, and also that Hearts are too big and have decided to down size to a Championship team.

The deluded will lap it us and start to mock us for being a big team, as that model is a thing of the past.

Balance sheets in the black, and a winning team on the pitch are also going to be yesterday's thing soon.

Was looking for something yesterday and found an old story where they told the radges they were on course to build a 26000 seat stadium.

These wallopers will fall for anything.

[Bostonhibby]

Was looking for something yesterday and found an old story where they told the radges they were on course to build a 26000 seat stadium.

These wallopers will fall for anything.Think she meant they were paying for a 26000 seat stadium but were partially building a single tier stand for the same price.

Sent from my SM-A750FN using Tapatalk

[green day]

Think she meant they were paying for a 26000 seat stadium but were partially building a single tier stand for the same price.

Sent from my SM-A750FN using Tapatalk

:greengrin:top marks:top marks

[Cataplana]

Was looking for something yesterday and found an old story where they told the radges they were on course to build a 26000 seat stadium.

These wallopers will fall for anything.

It would have been 26,000 seats, it's just that they forgot to order enough stuff to build it.

[jacomo]

It would have been 26,000 seats, it's just that they forgot to order enough stuff to build it.


It would have been crowned with the Castle View lounge as well, but they forgot there was another building blocking the view.

[Cataplana]

It would have been crowned with the Castle View lounge as well, but they forgot there was another building blocking the view.

Good job they don't have an escalator to take people up to said lounge. Would have been a total waste of money.

[The 90+2]

Absolute guarantee you if they are emptied tomorrow night it will be a good thing so they can concentrate on the league. It’s like a cult following with Stendel, he’s done sod all to get the backing he has.

[Kato]

Absolute guarantee you if they are emptied tomorrow night it will be a good thing so they can concentrate on the league. It’s like a cult following with Stendel, he’s done sod all to get the backing he has.At times Hearts have had 9 outfield players in the opposition's half. Such giddy, devil may care practices have them all a flutter so hardly surprising there's a degree of hysteria. Other clubs fans just see that as "football" whereas its revolutionary at Tiny Tynie.

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[Hibs4185]

It would have been crowned with the Castle View lounge as well, but they forgot there was another building blocking the view.

My house has a castle view. You just have to remove half of leith walk, John Lewis, maybe the balmoral and a couple of other minor buildings but a castle view none the less.

[grunt]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

[Waxy]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

Lose 3-4 or lose 0-1/0/2. The choice is theirs.

[Billy Whizz]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

And it’s all Berra’s fault

[CloudSquall]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

Trying to paint "Stendel talks with players during training" as some sort of revolutionary management style is Pyongyang levels of propoganda.

[wallpaperman]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

Christ, they’ll be even more confused than before if that’s the case.

[Since452]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

Is there no end to Stendel's sorcery?

[Bostonhibby]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."There's no end of rambling drunks in wetherspoons that could have a go at cracking this one.

They just happen to be paying this one a fortune to solve a problem of his own making.

I love our wee neighbours.comedy gold.

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[KingPat4]

He'll use the Potter tactic, No striker, everyone behind the ball.

[Cataplana]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

I think less famous clubs call this "training."




They just happen to be paying this one a fortune to solve a problem of his own making.


I love our wee neighbours.comedy gold.

Sent from my SM-A750FN using Tapatalk



Is that you Mikey?

[The 90+2]

At times Hearts have had 9 outfield players in the opposition's half. Such giddy, devil may care practices have them all a flutter so hardly surprising there's a degree of hysteria. Other clubs fans just see that as "football" whereas its revolutionary at Tiny Tynie.

Sent from my SM-A405FN using Tapatalk

😂 true.

[Bostonhibby]

I think less famous clubs call this "training."





Is that you Mikey?Barnsley Bosche out Levein in.

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[Killiehibbie]

My house has a castle view. You just have to remove half of leith walk, John Lewis, maybe the balmoral and a couple of other minor buildings but a castle view none the less.

I know a guy who lived in Castle View, he couldn't park his car in his normal spot because Ryan Stevenson kept his space for 18 months. Lovely castle in Dundonald just as much chance seeing it from Tynecastle..

[Hibby Kay-Yay]

https://twitter.com/STVSport/status/1225773025582288897?s=20

"Hearts players have had meetings with Daniel Stendel to solve defensive problems."

You’re not allowed ‘any man in’ Danny boy.

[Hibbyradge]

Good job they don't have an escalator to take people up to said lounge. Would have been a total waste of money.

If Ron Gordon doesn't confirm at the AGM that we're getting moving stairs, I swear I'll do time.

#announcetheescalator

[Hibbyradge]

I think less famous clubs call this "training."





Is that you Mikey?

:tsk tsk:

:greengrin

[Crazyhorse]

It's a bit of a pity that they got a penalty and Killie had their goalie red carded as it kind of masked how bad Hearts were.

Has there been a Hearts manager with a worse start to their career there?

I think that’s quite good actually. Might encourage the menswear jacket model to believe his tactics are working. They were just unlucky, only lost by the odd goal, should have won the game really, etc.

Given the state of their defence and keeper the defeat of Sevco is just bizarre. Hilarious in that they cost (for some of them anyway) their special pals the league, but bizarre.

[Bostonhibby]

If Ron Gordon doesn't confirm at the AGM that we're getting moving stairs, I swear I'll do time.

#announcetheescalatorBut it better not be like the Tynecastle escalator to nowhere I want nothing less than an escalator to the helipad.

Petrie failed to deliver on that one so I'm watching closely here.

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[Jack]

I was told by a pet jambo that the crap keepers parent club are paying them £6,000 every time he plays!

Well worth the points he's costing them lol

[Eyrie]

I was told by a pet jambo that the crap keepers parent club are paying them £6,000 every time he plays!

Well worth the points he's costing them lol

Can't see that being the case.

More likely that Hearts don't need to pay anything if he plays but do need to contribute to his wages if he's fit but not selected. Would still mean that they can't afford to bench him :greengrin

[Since452]

I was told by a pet jambo that the crap keepers parent club are paying them £6,000 every time he plays!

Well worth the points he's costing them lol

Man United probably stipulated that he had to play. Probably the reason he hasn't been dropped. It's quite common

[The 90+2]

Man United probably stipulated that he had to play. Probably the reason he hasn't been dropped. It's quite common

Yep. If he doesn’t play they pay dosh to Utd.

[Skol]

Kickback will go crazy when he is announced as the first choice keeper later today.

[The 90+2]

Kickback will go crazy when he is announced as the first choice keeper later today.

Na, someone will just sing stendels name to the batman song and it won’t be questioned.

[CapitalGreen]

This seems far fetched. Social make up of partners at BG would not see them being football fans - upper middle class, rugby types who went to top notch universities. The amount that has been put in is a big proportion of their bonuses. Being in the investment business they would want some control over how the money was spent. Why did they not appear to save Hearts when they were in admin? Instead letting fans effectively borrow money off Budge at high interest rates. This is one of several false scents put out to hide the true benefactor.

Weird that the newly appointed board of the Hibs Women’s Team contains a Partner from Baillie Gifford, what with them all being “upper middle-class rugby types” and not football fans as you told us. Maybe a mistake or maybe you don’t really know what you’re talking about?

[Cataplana]

Weird that the newly appointed board of the Hibs Women’s Team contains a Partner from Baillie Gifford, what with them all being “upper middle-class rugby types” and not football fans as you told us. Maybe a mistake or maybe you don’t really know what you’re talking about?
Maybe they are just interested in fit burdz?

[Joe6-2]

if ron gordon doesn't confirm at the agm that we're getting moving stairs, i swear i'll do time.

#announcetheescalator

agm??????

[Joe6-2]

[QUOTE=Kojock;6075198]

She doesnt look very climactic to me! Who airbrushed out levein btw? 😄😄

He’s there, just not in view

[Hibbyradge]

agm??????

:greengrin

[FilipinoHibs]

Weird that the newly appointed board of the Hibs Women’s Team contains a Partner from Baillie Gifford, what with them all being “upper middle-class rugby types” and not football fans as you told us. Maybe a mistake or maybe you don’t really know what you’re talking about?

Just look at the biographies of the partners of the partners to confirm my analysis . Also, as clients I have worked with many of them through business and none came across as working class football fans quite the opposite. So my observations are based on facts and personal contact with BG partners. But as others have pointed out only Budge and the directors know who the donor or donors are. Even the auditor dies not need to know. They clearly do not want anyone to know who it is. So how anyone can claim it is BG partners on any of the other people that have been spun as donors points to stories trying to be planted.

[roo62]

Just look at the biographies of the partners of the partners to confirm my analysis . Also, as clients I have worked with many of them through business and none came across as working class football fans quite the opposite. So my observations are based on facts and personal contact with BG partners. But as others have pointed out only Budge and the directors know who the donor or donors are. Even the auditor dies not need to know. They clearly do not want anyone to know who it is. So how anyone can claim it is BG partners on any of the other people that have been spun as donors points to stories trying to be planted.
Is it not possible that in the 50 or so partners that there could be a handful of rugby and football supporting people? I bet there are thousands of well heeled at Murrayfield today who follow both sports avidly.

[Eyrie]

Just look at the biographies of the partners of the partners to confirm my analysis . Also, as clients I have worked with many of them through business and none came across as working class football fans quite the opposite. So my observations are based on facts and personal contact with BG partners. But as others have pointed out only Budge and the directors know who the donor or donors are. Even the auditor dies not need to know. They clearly do not want anyone to know who it is. So how anyone can claim it is BG partners on any of the other people that have been spun as donors points to stories trying to be planted.

The auditors need to know to ensure that the correct disclosures are in the accounts, and it's an offence to mislead the auditors. If that information isn't provided to the auditor then they have to qualify their opinion.

Of course, the auditor is bound by professional confidentiality not to share that information.

[Jack]

With regards to the anonymous donors. Surely even Inspector Clouseau would be able to spot those going about the directors box in casual gear - unless everyone else has been told its dress down Saturdays to protect their identity lol

An open secret at best!

[CapitalGreen]

With regards to the anonymous donors. Surely even Inspector Clouseau would be able to spot those going about the directors box in casual gear - unless everyone else has been told its dress down Saturdays to protect their identity lol

An open secret at best!

They don’t wear casual gear, they just don’t like wearing ties.

[FilipinoHibs]

Is it not possible that in the 50 or so partners that there could be a handful of rugby and football supporting people? I bet there are thousands of well heeled at Murrayfield today who follow both sports avidly.

Given most if their social backgrounds - make, private school educated, attending Oxbridge & Edinburgh universuties , there will several rugby followers no doubt but very few football fans. On Monday morning they will be keen to talk about the rugby but the Scottish Cup. That was my experience of interacting with them.

[FilipinoHibs]

The auditors need to know to ensure that the correct disclosures are in the accounts, and it's an offence to mislead the auditors. If that information isn't provided to the auditor then they have to qualify their opinion.

Of course, the auditor is bound by professional confidentiality not to share that information.
For example, if the money is coming from a trust or a special purpose vehicle (SPV) they would at best verify the existence of the trust or SPV not who put the money in it. The amount would be verified by Hearts bank statement and deducting all other income from the total income. No need to know the actual individuals.

[CapitalGreen]

Given most if their social backgrounds - make, private school educated, attending Oxbridge & Edinburgh universuties , there will several rugby followers no doubt but very few football fans. On Monday morning they will be keen to talk about the rugby but the Scottish Cup. That was my experience of interacting with them.

Interesting that you believe a persons ability to enjoy the sport of football is determined by their apparent social status, education and career choice.

When you (rarely) attend Easter Road do you believe you are surrounded exclusively by state educated, working class men who have no interest in rugby?

[21.05.2016]

Jeez, that'll be them world beaters again so it seems :rolleyes:

[Haymaker]

Is it not possible that in the 50 or so partners that there could be a handful of rugby and football supporting people? I bet there are thousands of well heeled at Murrayfield today who follow both sports avidly.

Don't have to be working class to like football :agree:

[Haymaker]

Given most if their social backgrounds - make, private school educated, attending Oxbridge & Edinburgh universuties , there will several rugby followers no doubt but very few football fans. On Monday morning they will be keen to talk about the rugby but the Scottish Cup. That was my experience of interacting with them.

One of my best friends is a director of a hedge fund/wealth management company. He went to Cambridge University for his under, post and PHD.

He couldn't give a flying **** about rugby.

Just because you went to a good school, come from a well off back ground or have tons of money, does not mean you automatically love rugby overy football.

[CraigHibee]

Jeez, that'll be them world beaters again so it seems :rolleyes:

good thing is, they haven't won any points from that :greengrin

[Squealing pig]

A team of hearts fans got soaked on road close to Falkirk stadium, road was flooded funniest thing ever , I might have slowed down

[Caversham Green]

For example, if the money is coming from a trust or a special purpose vehicle (SPV) they would at best verify the existence of the trust or SPV not who put the money in it. The amount would be verified by Hearts bank statement and deducting all other income from the total income. No need to know the actual individuals.

The auditors would also need to ensure that there were no future financial obligations relating to the donations and that would require assurances direct from the donors. The auditors will without doubt know the identity of the donors and will probably have had fairly detailed discussions with them.

[linlithgowhibbie]

A team of hearts fans got soaked on road close to Falkirk stadium, road was flooded funniest thing ever , I might have slowed down


You did the correct thing, slowing down in puddles isn't good!!!:greengrin

[Aldo]

For example, if the money is coming from a trust or a special purpose vehicle (SPV) they would at best verify the existence of the trust or SPV not who put the money in it. The amount would be verified by Hearts bank statement and deducting all other income from the total income. No need to know the actual individuals.

Sorry I’m late to the party and not read the whole thread but am I right in saying there are members of staff at Baillie Gifford who are putting their own money into the Yams??? So anonymous benefactors?

However your bit about Trust and SPV.... now excuse my ignorance on this but does this mean it’s their own personal trust etc or the companies.

I can assure you that BG would not invest its clients money or trust money in that mob along the road.

Sent from my iPhone using Tapatalk

[FilipinoHibs]

One of my best friends is a director of a hedge fund/wealth management company. He went to Cambridge University for his under, post and PHD.

He couldn't give a flying **** about rugby.

Just because you went to a good school, come from a well off back ground or have tons of money, does not mean you automatically love rugby overy football.

But you are more likely to. Your friend is an exception. He may have gone to a state school and come from a working class background as I did. Most of the partners at BG are privately educated and don't come from working class backgrounds. The chances of there being a large group of working class partners at BG are small. Nevermind investment professionals will hand over millions with no control or say in how the money was being spent to a clearly management regime.

[Tyler Durden]

Sorry I’m late to the party and not read the whole thread but am I right in saying there are members of staff at Baillie Gifford who are putting their own money into the Yams??? So anonymous benefactors?

However your bit about Trust and SPV.... now excuse my ignorance on this but does this mean it’s their own personal trust etc or the companies.

I can assure you that BG would not invest its clients money or trust money in that mob along the road.

Sent from my iPhone using Tapatalk

No - it’s just a rumour that is wheeled out on here with no real substance.

FilipinoHibs is incorrect anyway as the auditors would know the identity of these benefactors. For anti money laundering purposes they would need to identify the beneficial owners of any donated funds.

The whole debate around these benefactors is getting a bit tiresome IMO.

[Aldo]

No - it’s just a rumour that is wheeled out on here with no real substance.

FilipinoHibs is incorrect anyway as the auditors would know the identity of these benefactors. For anti money laundering purposes they would need to identify the beneficial owners of any donated funds.

The whole debate around these benefactors is getting a bit tiresome IMO.

Cheers for that TD.


Sent from my iPhone using Tapatalk

[FilipinoHibs]

Sorry I’m late to the party and not read the whole thread but am I right in saying there are members of staff at Baillie Gifford who are putting their own money into the Yams??? So anonymous benefactors?

However your bit about Trust and SPV.... now excuse my ignorance on this but does this mean it’s their own personal trust etc or the companies.

I can assure you that BG would not invest its clients money or trust money in that mob along the road.

Sent from my iPhone using Tapatalk

I was describing how it is possible to hide the source of the donations. So Budge could be using these structures to stop her disclosing,as she is a director, that she is the source.

[Aldo]

I was describing how it is possible to hide the source of the donations. So Budge could be using these structures to stop her disclosing,as she is a director, that she is the source.

Cheers.


Sent from my iPhone using Tapatalk

[FilipinoHibs]

No - it’s just a rumour that is wheeled out on here with no real substance.

FilipinoHibs is incorrect anyway as the auditors would know the identity of these benefactors. For anti money laundering purposes they would need to identify the beneficial owners of any donated funds.

The whole debate around these benefactors is getting a bit tiresome IMO.

The fact that the donations have gone through a bank account (Hearts) would mean that they have been cleared from a money laundering perspective. The bank would have carried that out. The auditors would not be required to do that only check the bank has done so.

[Caversham Green]

The fact that the donations have gone through a bank account (Hearts) would mean that they have been cleared from a money laundering perspective. The bank would have carried that out. The auditors would not be required to do that only check the bank has done so.

That's just not true. The auditors would be duty bound to carry out their own money laundering procedures rather than simply accepting that it was ok because it was paid through the bank. They would also have to be satisfied that the money wasn't regarded as a loan by the donors and wasn't settlement for the hidden sale of one of the club's assets. They will know who the donors are and will have had direct contact with them.

[CapitalGreen]

The fact that the donations have gone through a bank account (Hearts) would mean that they have been cleared from a money laundering perspective. The bank would have carried that out. The auditors would not be required to do that only check the bank has done so.

Well that’s just nonsense, did you not pay attention when completing your annual AML training?

[FilipinoHibs]

Well that’s just nonsense, did you not pay attention when completing your annual AML training?No it is not. I have been involved in several audits of funds and companies and if funds are passed through a bank compliant with anti-laundering legislation, it is not necessary for the auditors to check the source of funds that pass through the bank only that the bank is compliant. AML training does not go into this level of detail for funds that go through banks As an Investment manager you have to check the source of the funds coming into your investment vehicles Very different to running a company.Do you write Swinney's speeches? He uses "nonsense" to dismiss arguments and then does not counter with anything concrete.

[Caversham Green]

No it is not. I have been involved in several audits of funds and companies and if funds are passed through a bank compliant with anti-laundering legislation, it is not necessary for the auditors to check the source of funds that pass through the bank only that the bank is compliant. AML training does not go into this level of detail for funds that go through banks As an Investment manager you have to check the source of the funds coming into your investment vehicles Very different to running a company.Do you write Swinney's speeches? He uses "nonsense" to dismiss arguments and then does not counter with anything concrete.

You're absolutely wrong about the money laundering aspect but there doesn't seem to be much point in pursuing that subject.

So, as auditor, how would you establish that the money paid into the bank (from an unknown source by your criteria) wasn't a loan rather than a donation? Or the sale of an asset? Or an interest in future income?

Bear in mind that a change in ownership is scheduled in the very near future so this is a high risk area of the audit.

[hibbyfraelibby]

You did the correct thing, slowing down in puddles isn't good!!!:greengrin

...especially when they are drinking from it.

[Eyrie]

No it is not. I have been involved in several audits of funds and companies and if funds are passed through a bank compliant with anti-laundering legislation, it is not necessary for the auditors to check the source of funds that pass through the bank only that the bank is compliant. AML training does not go into this level of detail for funds that go through banks As an Investment manager you have to check the source of the funds coming into your investment vehicles Very different to running a company.Do you write Swinney's speeches? He uses "nonsense" to dismiss arguments and then does not counter with anything concrete.

Speaking as an RI, I'm with Caversham on the responsibilities of the auditor.

[FilipinoHibs]

Speaking as an RI, I'm with Caversham on the responsibilities of the auditor.

Auditors use a risk based assessment to decide if something is signed off or not. Unless the auditors believed the donations were the result of illegal operations it would be sufficient to look at Hearts bank AML procedures without diving any deeper plus a generic verbal description from Hearts. The auditors would only need to know the source of the funds if they were suspicious. For example, if money was received in from the donators but a smaller amount was paid back out to them at a later stage - money washing.

The below sums up the approach. I won't bore people any further.

https://www.icaew.com/regulation/practice-management/anti-money-laundering-guidance

[Fuzzywuzzy]

Don't have to be working class to like football :agree:

Alright posh lad😁

[Caversham Green]

Auditors use a risk based assessment to decide if something is signed off or not. Unless the auditors believed the donations were the result of illegal operations it would be sufficient to look at Hearts bank AML procedures without diving any deeper plus a generic verbal description from Hearts. The auditors would only need to know the source of the funds if they were suspicious. For example, if money was received in from the donators but a smaller amount was paid back out to them at a later stage - money washing.

The below sums up the approach. I won't bore people any further.

https://www.icaew.com/regulation/practice-management/anti-money-laundering-guidance

Aye, auditors always just take their clients' word for things right enough, that's why audits don't cost much.

Anyway, this isn't the thread for this discussion and the deceased pony has been flogged enough so I'm out.

[greenginger]

You're absolutely wrong about the money laundering aspect but there doesn't seem to be much point in pursuing that subject.

So, as auditor, how would you establish that the money paid into the bank (from an unknown source by your criteria) wasn't a loan rather than a donation? Or the sale of an asset? Or an interest in future income?

Bear in mind that a change in ownership is scheduled in the very near future so this is a high risk area of the audit.


Yeah, but the change of ownership is from Budge to FoH and there’s been a couple of FoH directors on the Hearts board for the last couple of years . Also their auditors , Johnston Carmichael, who greased their path through the Vlad years will continue to audit.

Besides I can’t see there being an issue with anonymous donation from Edinburgh Council, it’s clean money. :greengrin

[Caversham Green]

Yeah, but the change of ownership is from Budge to FoH and there’s been a couple of FoH directors on the Hearts board for the last couple of years . Also their auditors , Johnston Carmichael, who greased their path through the Vlad years will continue to audit.

Besides I can’t see there being an issue with anonymous donation from Edinburgh Council, it’s clean money. :greengrin

Those FOH directors are Hearts fans and we know how gullible they are. The auditors have to protect them from themselves.

I don't want to turn this thread into a lecture on the duties of auditors (as thrilling as that might be for some) but Johnston Carmichael's audit reports in the two years prior to administration were entirely accurate and ethical.

[Hibbyradge]

Those FOH directors are Hearts fans and we know how gullible they are. The auditors have to protect them from themselves.

I don't want to turn this thread into a lecture on the duties of auditors (as thrilling as that might be for some) but Johnston Carmichael's audit reports in the two years prior to administration were entirely accurate and ethical.

I know someone who works for JC. As die-hard a Duncan as you'll ever meet and involved in other enterprises which benefit them.

[FilipinoHibs]

Those FOH directors are Hearts fans and we know how gullible they are. The auditors have to protect them from themselves.

I don't want to turn this thread into a lecture on the duties of auditors (as thrilling as that might be for some) but Johnston Carmichael's audit reports in the two years prior to administration were entirely accurate and ethical.

Actually, those two audits before admin are good examples of auditors not doing their job. Romanov wrote off/converted to equity £40 million of loans to Hearts This should have set off the alarm bells for the auditors. It would not have taken much digging to see the loans had come from UBIG an investment company set up by Romanov. UBIG borrowed the money to give to Hearts from UKIO Bankas. UBIG/Romanov should have made good the loan back to Ukio Bankas or got UKIO Bankas to write off the loans to UBIG neither of course happened. But the auditors should have checked. Yet some people are expecting above the board donations made into Hearts bank account which would have gone through the bank's AML procedures to be checked again by the auditors.

[Caversham Green]

Actually, those two audits before admin are good examples of auditors not doing their job. Romanov wrote off/converted to equity £40 million of loans to Hearts This should have set off the alarm bells for the auditors. It would not have taken much digging to see the loans had come from UBIG an investment company set up by Romanov. UBIG borrowed the money to give to Hearts from UKIO Bankas. UBIG/Romanov should have made good the loan back to Ukio Bankas or got UKIO Bankas to write off the loans to UBIG neither of course happened. But the auditors should have checked. Yet some people are expecting above the board donations made into Hearts bank account which would have gone through the bank's AML procedures to be checked again by the auditors.

Wrong again.

In both the cases I mentioned the auditors expressed doubts about the ability of the club to continue as a going concern and outlined the reasons for their doubts. It would have been negligent of them to do any more or any less.

If we must continue this debate (I'd really rather not) you should address my point about the auditors verifying that the money received was neither a loan nor a sale of assets before we go any further.

[Haymaker]

Alright posh lad😁

No me, just know a few!

[TrinityHibs]

Wrong again.

In both the cases I mentioned the auditors expressed doubts about the ability of the club to continue as a going concern and outlined the reasons for their doubts. It would have been negligent of them to do any more or any less.

If we must continue this debate (I'd really rather not) you should address my point about the auditors verifying that the money received was neither a loan nor a sale of assets before we go any further.

In Cav I trust:agree::agree:

[Eyrie]

Speaking as an RI, I'm with Caversham on the responsibilities of the auditor.


Auditors use a risk based assessment to decide if something is signed off or not. Unless the auditors believed the donations were the result of illegal operations it would be sufficient to look at Hearts bank AML procedures without diving any deeper plus a generic verbal description from Hearts. The auditors would only need to know the source of the funds if they were suspicious. For example, if money was received in from the donators but a smaller amount was paid back out to them at a later stage - money washing.

The below sums up the approach. I won't bore people any further.

https://www.icaew.com/regulation/practice-management/anti-money-laundering-guidance

I assume you don't know what an RI does, which calls into question the rest of your comments about audit. AML is a separate issue.

So speaking again as an RI, I'd consider material donations to be worth investigating as part of the work. And if I don't get clear answers regarding the sources then I would have to issue a modified audit report.

[greenginger]

I assume you don't know what an RI does, which calls into question the rest of your comments about audit. AML is a separate issue.

So speaking again as an RI, I'd consider material donations to be worth investigating as part of the work. And if I don't get clear answers regarding the sources then I would have to issue a modified audit report.

An RI. ? Religious Instructor ? Revenue Investigator. ? Please explain :confused:

[Jack Hackett]

An RI. ? Religious Instructor ? Revenue Investigator. ? Please explain :confused:

Righteous Individual?

[Eyrie]

RI = Responsible Individual, ie the person responsible for the audit work and whose name appears on the audit report.

Although I do like the alternative suggestions :greengrin

[Jack Hackett]

RI = Responsible Individual, ie the person responsible for the audit work and whose name appears on the audit report.

Although I do like the alternative suggestions :greengrin

:thumbsup:

[Hibs4185]

The biggest most famous fan owned club in the world are already trying to alter the FOH constitution so that they can be bought over by a private investor. Seemingly old budgey has had approaches and the Scottish league is seen as an attractive investment nowadays, so they want to change it so FOH can sell up. According to FOH, fan owned clubs can’t raise enough cash without outside investment so they want to be able to sell to the right bidder if they fall behind us, Aberdeen and Dundee Utd with our outside investment.

So much for fan ownership

[green day]

The biggest most famous fan owned club in the world are already trying to alter the FOH constitution so that they can be bought over by a private investor. Seemingly old budgey has had approaches and the Scottish league is seen as an attractive investment nowadays, so they want to change it so FOH can sell up. According to FOH, fan owned clubs can’t raise enough cash without outside investment so they want to be able to sell to the right bidder if they fall behind us, Aberdeen and Dundee Utd with our outside investment.

So much for fan ownership

I'm not surprised tbh. The mystery donations have kept them afloat and are no way to run a business.

Lots trumpeted in the press about Motherwell paying off external debt (basically due to player sales) but, similarly to Hearts they may struggle to raise capital.

[Bostonhibby]

The biggest most famous fan owned club in the world are already trying to alter the FOH constitution so that they can be bought over by a private investor. Seemingly old budgey has had approaches and the Scottish league is seen as an attractive investment nowadays, so they want to change it so FOH can sell up. According to FOH, fan owned clubs can’t raise enough cash without outside investment so they want to be able to sell to the right bidder if they fall behind us, Aberdeen and Dundee Utd with our outside investment.

So much for fan ownershipSo do you think this means they'll be able to find enough money to finish the stand finally?[emoji16]

Sent from my SM-A750FN using Tapatalk

[007]

The biggest most famous fan owned club in the world are already trying to alter the FOH constitution so that they can be bought over by a private investor. Seemingly old budgey has had approaches and the Scottish league is seen as an attractive investment nowadays, so they want to change it so FOH can sell up. According to FOH, fan owned clubs can’t raise enough cash without outside investment so they want to be able to sell to the right bidder if they fall behind us, Aberdeen and Dundee Utd with our outside investment.

So much for fan ownership

5 minutes after Budge's loan is repaid and they're trying to move the goalposts.

[Jones28]

The biggest most famous fan owned club in the world are already trying to alter the FOH constitution so that they can be bought over by a private investor. Seemingly old budgey has had approaches and the Scottish league is seen as an attractive investment nowadays, so they want to change it so FOH can sell up. According to FOH, fan owned clubs can’t raise enough cash without outside investment so they want to be able to sell to the right bidder if they fall behind us, Aberdeen and Dundee Utd with our outside investment.

So much for fan ownership

So by the charter they wrote does it mean that a private investor cannot own a majority stake or is it all private shares?

[Danderhall Hibs]

An RI. ? Religious Instructor ? Revenue Investigator. ? Please explain :confused:

Registered Individual.

[Hibs4185]

So by the charter they wrote does it mean that a private investor cannot own a majority stake or is it all private shares?

When FOH take charge in April, the constitution comes into force, which requires a 90% agreement to see FOH shares. They are trying to lower it to 75% agreement to make it easier to sell.

FOH money and benefactor money isn’t enough to keep them afloat.

[FilipinoHibs]

I assume you don't know what an RI does, which calls into question the rest of your comments about audit. AML is a separate issue.

So speaking again as an RI, I'd consider material donations to be worth investigating as part of the work. And if I don't get clear answers regarding the sources then I would have to issue a modified audit report.

I think that is the point. The club would have given clear answers on the donations without revealing the source of donations . If you suspected they were a loan or from the sale of property then just knowing the names if thr donators would not help you. You would have to investigate the finances if the donators.

[The 90+2]

The biggest most famous fan owned club in the world are already trying to alter the FOH constitution so that they can be bought over by a private investor. Seemingly old budgey has had approaches and the Scottish league is seen as an attractive investment nowadays, so they want to change it so FOH can sell up. According to FOH, fan owned clubs can’t raise enough cash without outside investment so they want to be able to sell to the right bidder if they fall behind us, Aberdeen and Dundee Utd with our outside investment.

So much for fan ownership

There’s no danger they will con their fans into doing this.

[FilipinoHibs]

Wrong again.

In both the cases I mentioned the auditors expressed doubts about the ability of the club to continue as a going concern and outlined the reasons for their doubts. It would have been negligent of them to do any more or any less.

If we must continue this debate (I'd really rather not) you should address my point about the auditors verifying that the money received was neither a loan nor a sale of assets before we go any further.

No you are wring again. See my last post last post replying to another post on what an auditor would have to dio to be comfortable about the donations .

On the old auditors where is your evidence that raised concerns about the viability of Hearts, That would have been big news but I can't recall anything in the media or on here.

[CapitalGreen]

No you are wring again. See my last post last post replying to another post on what an auditor would have to dio to be comfortable about the donations .

On the old auditors where is your evidence that raised concerns about the viability of Hearts, That would have been big news but I can't recall anything in the media or on here.

Do you realise you are trying to tell an auditor what an auditor would do?

[Eyrie]

I think that is the point. The club would have given clear answers on the donations without revealing the source of donations . If you suspected they were a loan or from the sale of property then just knowing the names if thr donators would not help you. You would have to investigate the finances if the donators.

If the club doesn't identify the source then I would be unable to issue a clean audit report.

I would normally have this situation where a large donor to a charity wishes to remain anonymous, and I've never had a problem getting the required information for audit purposes.

Anyway, that's enough of explaining auditing. Let's get back on topic and discuss the ongoing problems of our nearest and not so dearest.

[FilipinoHibs]

Final point. Apologies to Cavesham the auditors did raise concerns about Hearts viability when they reported a £36+ million black hole.

Ok back on topic now.

[KingPat4]

I'm confused.

Where's Vlad?

[cocteautwin]

All this talk of auditors has made the conversation a bit dry. Let's get it back on topic.

Anyone know why the donor(s) have put in £10m but then watched HMFC pass on £6.5m to Budge's brother?

[FilipinoHibs]

All this talk of auditors has made the conversation a bit dry. Let's get it back on topic.

Anyone know why the donor(s) have put in £10m but then watched HMFC pass on £6.5m to Budge's brother?

Sounds at bit out but maybe you have some inside info but as at 31 March 2019 JB Contractors (Budge's brothers firm) has £1 million in assets of which £0.75 million is outstanding fees for work completed up £350,000 from the previous year. If you are right sounds like some money laundering going on.

[Since452]

They seem pretty confident we'll get dragged into their relegation battle. It isn't 2014 anymore and we don't have Terry Butcher managing us. Bottom of the league and ragdolled by a league one side and they still think they'll catch us. Delusional.

[Jones28]

When FOH take charge in April, the constitution comes into force, which requires a 90% agreement to see FOH shares. They are trying to lower it to 75% agreement to make it easier to sell.

FOH money and benefactor money isn’t enough to keep them afloat.

So in short, to keep them at the level they are at (which is bottom of the league) they will definitely need money from outside investment to the tune of 25%?

[green day]

So in short, to keep them at the level they are at (which is bottom of the league) they will definitely need money from outside investment to the tune of 25%?

Not necessarily - this is what the FoH letter says; Paragraph 5.3 is quite interesting (for Hearts as well as other fan owned clubs like Well).



Dear Member

We have decided to revisit an important aspect of our future governance arrangements, and we would like your views. We attach a short Q&A with this email, the background to which is set out below.

1. What’s this all about?
Our future governance arrangements contain a restriction on any disposal of the Foundation’s shares in the Club acquired from Bidco. Before such a disposal to a third party can proceed, it must be put to a vote of Foundation members (including Affiliate Members) and sanctioned by a majority of not less than 90% of the votes cast.
The issue is: Is this 90% requirement too high? Should the requirement be reduced to 75%?

2. Why is the board re-opening this topic now?
The review is prompted by two factors. Firstly, feedback at the AGM in December. At that meeting, we were urged to look again at the issue, with views being expressed that 90% was too high. Secondly, awareness of investment trends in Scottish football (see 5.3 below).

We have a window in which to address the topic. At present, if we decide to change the majority requirement, we need a 75% vote in favour at a general meeting of members. However, once the ownership of the Club passes to the Foundation (an event scheduled for April), we would need a 90% vote in favour at a general meeting and the logistics of organising that meeting become more complicated. It therefore makes sense to review the issue over the next few weeks.

3. Was the 90% requirement discussed in the governance consultation?
Yes. The 90% requirement was part of our governance proposals throughout the consultation process which ran from April 2017 to November 2018. At that time, this particular point generated little, if any, comment.
At the end of the consultation period, the members overwhelmingly approved the final proposals. This approval related to the proposals in their totality, and there were no separate votes on any constituent elements of the proposals. The request raised at the AGM is effectively that the 90% requirement should now be considered separately.

4. What are the arguments in favour of a 90% requirement?
[Note: the discussion in 4 and 5 below is framed in terms of the Foundation transferring majority ownership to a new owner. An alternative scenario of the Foundation transferring a minority interest is, however, also possible. The 90% approval requirement would extend to that latter scenario.]

4.1 Transferring majority ownership of the Club to a new owner would undoubtedly be the biggest collective decision the Foundation members would ever take.
We would be deciding who the new owner should be, with all the responsibility that places on us. We would have to decide - are they the right people to own the Club? Will they have the best interests of the Club at heart, and do they have the financial backing to sustain the Club financially?
A decision of this importance should only be taken with the support of a substantial majority of the voting members.

4.2 A meeting to consider a proposed transfer would be organised so as to maximise the voter turnout. Early voting (electronically or by mail) would be possible, as well as voting at the meeting in person or by proxy. A good turnout of members would reduce the risk of a small unrepresentative group of dissident members being able to block the sale. See 5.1 below.

5. What are the arguments against a 90% requirement?
5.1 A 90% majority requirement increases the risk of a small and unrepresentative minority being able to block a sale which might be supported by a large majority of members. Depending on the overall size of the Foundation membership at the time and the proportion of that membership which participates in the vote, the fate of the Club could be decided by a small number of people. This risk would be reduced if the majority requirement was 75%.

5.2 Football regulation has mechanisms to protect clubs against unscrupulous or untrustworthy individuals acquiring ownership. A prospective owner or director must be a fit and proper person, and financial regulations are designed to stop clubs careering into financial turmoil. It is an exaggeration, therefore, to say that a supermajority is required to provide this protection.

[Note: Having said this, it has been suggested at times that the regulatory protections are insufficient in practice, in that prospective owners are not effectively vetted by the football authorities, while financial regulations are subject to numerous caveats and are not strictly enforced. The shortcomings were highlighted by Bury FC, which was expelled from the English Football League in 2019 as a direct result of poor ownership and longstanding financial problems.]

5.3 The Scottish football scene has changed in the past 12-18 months. There has been an increase in external investment into our clubs. A lot of this investment has come from overseas, particularly the US. Scottish clubs are currently seen as viable assets to attract long-term investment. The Scottish Premiership is a very competitive league and the pressure on owners to maintain investment and keep pace with their rivals is intense. If a need for unplanned capital expenditure arises at a club, the fan ownership model is generally not regarded as well-suited to deliver funding.
Approaches to the Club by potential investors have already been made (through Bidco). If this current climate in Scottish football continues, it is possible that such approaches might start to arrive with even greater frequency.
Against that background, it is arguable that a 75% majority requirement would be more appropriate and more in keeping with normal business practice. It provides greater flexibility and room for manoeuvre, while nevertheless still requiring a substantial majority in favour of a sale.

6. How will the views of members on this issue be sought?
We are going to conduct an online survey of our members over a one-week period. Members will be asked to indicate which majority requirement – 90% or 75% - they favour. There is also space in the survey to tell us about any comments, questions or concerns you may have. We will anonymise the identities of respondents.

[cocteautwin]

Sounds at bit out but maybe you have some inside info but as at 31 March 2019 JB Contractors (Budge's brothers firm) has £1 million in assets of which £0.75 million is outstanding fees for work completed up £350,000 from the previous year. If you are right sounds like some money laundering going on.

£6.5m is the figure spent on connected party services (with JB Contracts) during the construction to date of the stand. I'm so sad I counted back to make sure. :greengrin

Probably just incompetent planning of the construction of the stand. Although if I had put in £10m and watched £6m+ disappear to the family of a board member, I'd certainly be questioning the whole thing. Unless the donor and the donee belonged to the same family . . . . . . . .

[Jones28]

Not necessarily - this is what the FoH letter says; Paragraph 5.3 is quite interesting (for Hearts as well as other fan owned clubs like Well).



Dear Member

We have decided to revisit an important aspect of our future governance arrangements, and we would like your views. We attach a short Q&A with this email, the background to which is set out below.

1. What’s this all about?
Our future governance arrangements contain a restriction on any disposal of the Foundation’s shares in the Club acquired from Bidco. Before such a disposal to a third party can proceed, it must be put to a vote of Foundation members (including Affiliate Members) and sanctioned by a majority of not less than 90% of the votes cast.
The issue is: Is this 90% requirement too high? Should the requirement be reduced to 75%?

2. Why is the board re-opening this topic now?
The review is prompted by two factors. Firstly, feedback at the AGM in December. At that meeting, we were urged to look again at the issue, with views being expressed that 90% was too high. Secondly, awareness of investment trends in Scottish football (see 5.3 below).

We have a window in which to address the topic. At present, if we decide to change the majority requirement, we need a 75% vote in favour at a general meeting of members. However, once the ownership of the Club passes to the Foundation (an event scheduled for April), we would need a 90% vote in favour at a general meeting and the logistics of organising that meeting become more complicated. It therefore makes sense to review the issue over the next few weeks.

3. Was the 90% requirement discussed in the governance consultation?
Yes. The 90% requirement was part of our governance proposals throughout the consultation process which ran from April 2017 to November 2018. At that time, this particular point generated little, if any, comment.
At the end of the consultation period, the members overwhelmingly approved the final proposals. This approval related to the proposals in their totality, and there were no separate votes on any constituent elements of the proposals. The request raised at the AGM is effectively that the 90% requirement should now be considered separately.

4. What are the arguments in favour of a 90% requirement?
[Note: the discussion in 4 and 5 below is framed in terms of the Foundation transferring majority ownership to a new owner. An alternative scenario of the Foundation transferring a minority interest is, however, also possible. The 90% approval requirement would extend to that latter scenario.]

4.1 Transferring majority ownership of the Club to a new owner would undoubtedly be the biggest collective decision the Foundation members would ever take.
We would be deciding who the new owner should be, with all the responsibility that places on us. We would have to decide - are they the right people to own the Club? Will they have the best interests of the Club at heart, and do they have the financial backing to sustain the Club financially?
A decision of this importance should only be taken with the support of a substantial majority of the voting members.

4.2 A meeting to consider a proposed transfer would be organised so as to maximise the voter turnout. Early voting (electronically or by mail) would be possible, as well as voting at the meeting in person or by proxy. A good turnout of members would reduce the risk of a small unrepresentative group of dissident members being able to block the sale. See 5.1 below.

5. What are the arguments against a 90% requirement?
5.1 A 90% majority requirement increases the risk of a small and unrepresentative minority being able to block a sale which might be supported by a large majority of members. Depending on the overall size of the Foundation membership at the time and the proportion of that membership which participates in the vote, the fate of the Club could be decided by a small number of people. This risk would be reduced if the majority requirement was 75%.

5.2 Football regulation has mechanisms to protect clubs against unscrupulous or untrustworthy individuals acquiring ownership. A prospective owner or director must be a fit and proper person, and financial regulations are designed to stop clubs careering into financial turmoil. It is an exaggeration, therefore, to say that a supermajority is required to provide this protection.

[Note: Having said this, it has been suggested at times that the regulatory protections are insufficient in practice, in that prospective owners are not effectively vetted by the football authorities, while financial regulations are subject to numerous caveats and are not strictly enforced. The shortcomings were highlighted by Bury FC, which was expelled from the English Football League in 2019 as a direct result of poor ownership and longstanding financial problems.]

5.3 The Scottish football scene has changed in the past 12-18 months. There has been an increase in external investment into our clubs. A lot of this investment has come from overseas, particularly the US. Scottish clubs are currently seen as viable assets to attract long-term investment. The Scottish Premiership is a very competitive league and the pressure on owners to maintain investment and keep pace with their rivals is intense. If a need for unplanned capital expenditure arises at a club, the fan ownership model is generally not regarded as well-suited to deliver funding.
Approaches to the Club by potential investors have already been made (through Bidco). If this current climate in Scottish football continues, it is possible that such approaches might start to arrive with even greater frequency.
Against that background, it is arguable that a 75% majority requirement would be more appropriate and more in keeping with normal business practice. It provides greater flexibility and room for manoeuvre, while nevertheless still requiring a substantial majority in favour of a sale.

6. How will the views of members on this issue be sought?
We are going to conduct an online survey of our members over a one-week period. Members will be asked to indicate which majority requirement – 90% or 75% - they favour. There is also space in the survey to tell us about any comments, questions or concerns you may have. We will anonymise the identities of respondents.

Very interesting, and even more so to hear they’ve already had approaches from various potential investors.

[Waxy]

They havent played on a level playing field for decades.The day will come when they’ll have no choice.

[Cataplana]

If they can't make their mind up about their constitution, what use will they be at picking the team?