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You'd have to be a complete fruit-loop to put your hard-earned (over and above admission money) into some fanciful fans group to prop up a club that'll be playing the likes of Alloa and Dumbarton.Quote:
Originally Posted by jacomoseven
Can't see them selling too many season ticket briefs for next season.
did we not get a better average crowd when we were downQuote:
Originally Posted by Sergey
The baws burst. Even the most diehard Jambo's are realising this
Direct debits will be getting cancelled left right and centre.
Maybe, but we weren't stumping up extra dosh to some faceless bunch of charlatans to pay back debts.Quote:
Originally Posted by leggeto
How much will it be to watch Hearts vs Cowdenbeath next season?
Regardless of gates, receipts will be in sharp decline.
NoQuote:
Originally Posted by leggeto
We did but that was 10 years before a massive recession and our club didn't repeatedly shaft it's fans for money in numerous ways before we were relegated.Quote:
Originally Posted by leggeto
Hearts will likely have to half prices because fairweather walk up fans won't pay £30 to watch championship football and I can't imagine Season Ticket buying fans will pay £400 either. So any increase in attendance will be offset by a drop in revenues.
Based on their behaviour over the past decade and beyond, I can't see them coping with relegation very well. It will destroy their belief.Quote:
Originally Posted by leggeto
No, we didn't.Quote:
Originally Posted by leggeto
The idea that we had a full stadium all the time because we were winning is a myth.
We never sold out, we never even topped 15000.
In fact, our highest attendance that season was 14843.
Our average over the season, including several 8000+ games, was 10220.
They will average 7 or 8k max and season ticket prices will be down say 40%.
So go from 10k @ £325 average (taking account of kids etc) = £3.25m
To...
6k @ £180 average = £1.08m
A drop of 66% in revenue. Not to mention sponsorship, merchandise and corporate income.
FOH will likely see a drop in DDs as well:-
From 7600@£19 average = £150k pm
To
5000@£15 average (as larger donations will drop off = £75k
A 50% reduction
I an now hoping they stay alive as liquidation almost seems too easy.
Col2 I think current contributions from the Diddies is £16.
Or nigh-on £200 per annum. That's simply not going to continue and FoH must know that their plan is flawed.Quote:
Originally Posted by Jack
If they are struggling to even sell corporate hospitality against Celtic, how difficult will it be against Morton?
Where's that Retro mob when you need them :wink:Quote:
Originally Posted by GreenLake
I reckon relegation will cost them min £2m drop in income, maybe even £2.5m+
Just think what two seasons would do to them. Say £5m drop. Who pays for that? Bank lending? Nope, major shareholder/investor? Nope.
So assuming they are best case targeting being out of admin by April, they only have 6 weeks max to avoid another 15 point deduction. That would almost guarantee 2 seasons min in Championship.
I am warming to this big time.....come on yams stick in now....don't drop out yet.
Williamhills make Hear7s 1/10 to finish bottom.
Free cash.Not alot but free cash nevertheless.
11ear7s
:greengrinQuote:
Originally Posted by Jonnyboy
We also got to watch Sauzee and Latapy cruising through the 1st division and big Mixu battering the goals in. I'm unconvinced that McTattie and the King brothers(who actually are they?) will draw in the same crowds. Shame
the figures you mention about the 2 Glamour games......Wolfsburg, att. 5.5k or thereabouts ,with 12000 empty seats and the SC Cup game against Celtic, with a minimum of 6000 empty seats, says it all for me.Quote:
Originally Posted by gorgie greens
apart from getting the most serious humping since 1/1/73 in a competition that they think they have an affinity with, did everyone pay to get in/ or are there cup top ups/ not that this matters much but that is a serious slap in the puss, to their asperations of getting really serious fan backing at a crucial period. the Wolfsburg game, attendance did surprise me. that club won the Bundesliga a couple of years ago did they not? I thought the gorgie mob would have been out in force, for that one. Tynecastle stadium, the things you see when you've not got a bomb.!
Plus Council Tax, VAT, income tax and NI deductions to be handed over when due, rent to Heriot-Watt, suppliers to be paid on time and NO OPTION to avoid payment this time.Quote:
Originally Posted by gorgie greens
Looks like austerity is going to be the new normal for our neighbours. And yet the fannies and diddies think that as soon as they come out of administration, they can revert to their old ways and start the old spend, spend, spend routine. Like the crash dieter who thinks they can start stuffing their faces again as soon as they reach their target weight.
A bit of a rude awakening on the way.
They were the only show in town, not sure BDO had much choice in going with their proposal. They won't be giving a flying, probably get the gig when it goes tits up again.Quote:
Originally Posted by Sergey
I would imagine that FOH even know that it's going to go pear shaped but have no choice but to carry on.
Some belter on brokeback "A year or two down the line we'll be back to best of the rest anyway" :faf:
Even during the Romanov years when they were spending fortunes, how many times did they finish 3rd or higher? Such an arrogant bunch of deluded tossers. Alas he may be referring to best of the rest in the championship...
Would the Heriot Watt association end ? Can't see a 1st division club with income issues paying £300k+ a year.
I have no idea why they put up with them. With the recent award of the national centre for sport I would think they have slipped further down the pecking order recently anyhow.Quote:
Originally Posted by Treadstone
Going back 15 years, agreed, Hearts over the piece have been 'best of the rest' - however the caveat is that under both regimes, Robinson and Romanov, they have chronically overspent - on both occasions risking their club going under.Quote:
Originally Posted by #FromTheCapital
Their fans sadly are a product of their own environment - they have become used to 'success' through paying (or not paying) on the 'never never' - closing their ears and minds to the fact in the process. Very much a Rowan Atkinson 'wibble' moment from them all. To an extent though, any clubs fans would develop the same mentality and 'arrogance' - until the **** hits the fan and then realisation sinks in and they find the sympathy tanks are empty elsewhere for their predicament. Aberdeen's fans have the same problem at times - some of them are stuck in the Fergie era still.
Stadium crumbling, training centre not their own and renting, youth policy on the decline, Dylan McGowan, crowds lower than they envisaged despite being close to extinction, sponsored by a company whose industry even politicians frown upon, Dylan McGowan, the history men regurgitating '5-1' to get them through their days and nights, rolling out Jimmy Sandison and his paint brush gang, Dylan McGowan, receipts and bills longer than Rudi's nose, relying on an MP who when he wears a belt resembles a Crombies sausage........yep, won't be that long before they are back to the 'best of the rest' right enough :aok:.....oh and Dylan McGowan........long term contract Lockey, get him signed :agree: :faf:
Just saw this on Keechback re the possibility of Kille going into administration:-
"Nice to be all charitable but Killie are living with a significant sporting advantage they can't afford. As an HBOS customer I move my business if this happens. They want to look after honest customers."
Do Hertz fans do irony or what?
Just a thought this and I'm probably just looking for a bit of comfort from someone who knows more about it.....
Lets just say that Hearts get their CVA through and eventually ownership passes to FoH..... They'll still get relegated but what if....
Next season someone rocks up with "cash on the hip" and just offers to buy the whole shooting match off of FoH? That person(s) would buy a club with a stadia (all right it needs a bit of errrrr, refurbishment) and no debt whatsoever once they had paid off the Biddies???????
Just curious as this would seem totally wrong all over again..... FoH get it for a song, the debts wiped clean and then someone with a bit of money to throw about rocks up, buys them and they are back to where it all began, promoted back to the Premiership and swanning about like nowt ever happend....
Could this happen? I hope not....
It could happen, but...... why would anyone do that?Quote:
Originally Posted by HibbySpurs
They could do that now, anyone who had a fiver more than FOH could have put an offer in, not many takers it would seem.Quote:
Originally Posted by HibbySpurs
I suppose a wealthy Hearts-minded individual could think, "here's a chance to buy my football club, debt free, for £3m." Put like that it might appeal to some people, assuming that the CVA goes through and FoH acquire the club.Quote:
Originally Posted by CropleyWasGod
Could FoH do that though? Their whole pitch is about putting the club into fan ownership. Do they have an exit strategy? Are they allowed one? Would be a bit weird if they actually pull this off and then six months later sell up.
Far too messy at the mo. But the above is a highly likely scenario IMHO. There are lots of reasons to invest in a football club that has nothing to do with making money or even football. And plenty nutters out there with more money than sense who might see a debt free Yams as a low risk way of influencing politicians, businesses and Edin folk . One way or another I expect the Yams to recover quite quickly.Quote:
Originally Posted by greenpaper55