You don't need to own your ground (Dundee don't own theirs) but you do have to be at least the primary tenant.Quote:
Originally Posted by cockneymike
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You don't need to own your ground (Dundee don't own theirs) but you do have to be at least the primary tenant.Quote:
Originally Posted by cockneymike
Are they deed yet
I've been at Heriot Watt the last couple of days and there's been no sign of any yams
Not suggesting anything from this, just an observation.
somebody else they've no been paying? :hmmm:Quote:
Originally Posted by Jack
I can understand why, but I am not in the "hope the Hertz die soon" camp.
I want them to suffer a very slow and lingering death. I want them to have a club, but absolutely no hope. I want them to have a stadium that is falling apart around them or to become gypsies with no home to call their own. I want them to suffer many painfull defeats. I want them to lose many many derbies. I want them to be around when Hibs are winning and winning a lot. No a slooooooooooooooow, lingeeeeeeeeeeeering deeeeeeeeeath!
Novel approach to football management.Quote:
Originally Posted by Jack
1) don't pay your players - at least not 100% wages
2) don't train them
That said doesnt seem to have significantly troubled them over the years.
Back to public parks and running Up Arthurs seat.
On a serious not perhaps the psychology of a group sharing adversity gives them an edge bringing them closer together - certainly there appears to be something detrimental to having players being too comfortable with their lot. Maybe we can take note...
Quote:
Originally Posted by goldenhibby
Ach, whats another three grand a week when your £24m in debt :greengrin
Cheetah the Monkey fronts new BIC razor advertising campaign. Cheetah say this closest shave I have ever had. I even shave erse, its just below hatQuote:
Originally Posted by EskbankHibby
I want them gone yesterday and if no that, today or tomorrow will dae.Quote:
Originally Posted by theonlywayisup
**** h****s
I wonder if we got paid for the derby in August? I'm sure we let hearts sell the tickets themselves for that one
I want 138 years of delusion to be flushed down the toilet and never be heard of again. **** them they deserve everything that's coming their wayQuote:
Originally Posted by Desperate Dan
Lawrence Broadie@lawrencebroadie Let's be clear this is nothing to do with shares as they are worthless. It's about survival. Recriminations later for sure, but not now.
Is he not their PR 'guru'?
Don't think we did, could be wrong but my take was that the manks were up in arms about the postage and other charges! :wink:Quote:
Originally Posted by JAY-ME
If he is that's the first bit of honest communication they've released on this whole mess...Quote:
Originally Posted by s.a.m
But if they die a quick death, they will be rise again. Debt free, at a much lower level with probably no stadium, but they will rise again. Debts cleared they will start to have hope again. If this was Hibs, we would never let the memory or the hope die.Quote:
Originally Posted by lord bunberry
On the other hand a slow lingering death would be much better, IMO, to enjoy. Hertz, like Rangers, will never die.
:agree:Quote:
Originally Posted by theonlywayisup
We need them demoralised when they eventually go, not in a state of righteous rebellion. Deferred gratification is the way forward here.:aok:
Keep up, Rankers are 6ft under. Soon to be joined by the Turdies.Quote:
Originally Posted by theonlywayisup
Lawrence Broadie@lawrencebroadie@GeorgeFoulkes will you feel able to buy some shares? Situation serious. Hope you can back it. Cheers, L
He appears to be begging.
Quote:
Originally Posted by s.a.m
Nothing new there then!!.... :greengrin
Not enough ....critical then flat line will do for me ...pronto ..:agree:Quote:
Originally Posted by s.a.m
Spoke to someone last week who is quite close to folk at Tynecastle and when I asked about the share issue his reply was 'it's only delaying the inevitable' - he's also convinced, as he was when I posted it months ago, that there was some kind of deal negotiated regards the stadium in late 2011. My thoughts are that Vlad isn't daft and this has been in the pipeline for a lot longer than fans are being told.Quote:
Originally Posted by s.a.m
For what it's worth I'm in the camp that wants to see Hearts survive - I love the derby, despite temporarily hating them for 90 minutes when we play they're a big club and I've really good mates that support them. I very much put the shoe on the other foot and I'd hate to see my beloved Hibs in this state - all I want is a level playing field, and once that is established I firmly believe Hibernian are the stronger club and will be more dominant..
Quote:
Originally Posted by Hiberlin
Hmmmm, so who's the manky mob playing at Ibrox in Royal Blue and calling themselves 'Rangers'? Somebody needs to tell them.....
Unfortunately, there is a 'Rangers' and they're just as arrogant a bunch of t*ssers as the previous version but have much lower debts.
I don't want to see that happening to the Bloodied Turds. I'd much prefer they limp along under new ownership with Vlad renting out the PBS to them at an extortionate rate while doing no upgrades to the stadium whatsoever. In my ideal scenario, the Main Stand would be closed down to fans for safety reasons and would only contain the dressing rooms. It wouldn't matter too much as there crowds will never get much above 5k. The team would be made up of kids and Jim Duffy type players and get royally humped by Hibs on the odd occasion they were promoted to the SPL (and immediately relegated) or were unlucky enough to draw us in the Cup.
Don't forget either that their shop/office building was sold by Mercer's widow - not to HMFC, but to a Lithuanian registered company owned by Vlad.
Although their situation clearly is desperate, they have to play that line as hard, and as often, as they can.Quote:
Originally Posted by s.a.m
Any suggestion from the club that there is light at the end of the tunnel and that they'll get out of the mess whether the share issue is a success or not, will just lead to folk holding on their cash.
Quote:
Originally Posted by theonlywayisup
If they are liquidated that means they are dead they can start again in another form if they want but we will always know that the old lowlife vermin that called themselves hearts will have ceased to exist
Is there a sweep for how much they raise with their share thing?
I'll be generous and say they will raise 175 thousand quids, based on the other two share issues they've had I think that's about right though.
He was but he left around a year or so agoQuote:
Originally Posted by s.a.m
Probably for not getting paid.Quote:
Originally Posted by Jonnyboy
Nothing new there then? :cbQuote:
Originally Posted by green glory
apologies if already posted or discussed elsewhere, I have looked but couldnt find any reference to it.
Heard today from someone that Campbell Ogilvie was involved in the whole Ranger EBT scenario and has also been involved in implemening the same thing during his time at Hearts.
If so, I would assume Hearts will be looked at soon, over and above all their **** to date, and will be well and truly Royaly buggered (no pun intended lol).
Does anyone know any other info on this topic or heard anything similar?
tic toc!!!:greengrin
Quote:
Originally Posted by Mister P
are you seriously the last person on planet earth to find this out :eek:
and in other news, pat stanton has joined sellick from hibs :wink:
Another week, another Yams winding-up petition in the Court of Session.
One of these days they are not going to be able to make it to the court house steps with a cheque.Quote:
Originally Posted by Part/Time Supporter
Hadn't seen that - do you have any detail?Quote:
Originally Posted by Part/Time Supporter
It's in the Sunday Post apparently, was tweeted by a journo. Unfortunately they don't have an online version any more.Quote:
Originally Posted by Col2
Anyone have the detail from the paper itself?
Don't know about any winding up order, but did hear yesterday ( from the horses mouth so to speak ) that they are seriously late with the rent due on their rented flats. They still have 8 or 9 apartments for various players and officials and whilst it was common for them to be a month or so in arrears, they are now 3 months and in some cases 4 months late with the rent.
It is now obvious they have not been paying some bills since July, so what are the chances our Council be getting the Council Tax on the properties or the business rates on the PBS. --- in a word , NONE.
What is the chances of our Council doing anything about it --- NONE !
Quote:
Originally Posted by Barney McGrew
Yams probably asked HMRC for a winding up order to encourage the mugs, sorry investors to take up the share offer. :greengrin
Only a small point,in the grand scheme of things but I mentioned earlier that the taxman might be interested in non-declared free accomodation for players etc. If it is you/me they look at fuel allowances , private use of vehicles if you use works vans etc. the set up at Gorgie stinks to the high heavens and they are in for a very big fall. I'm confident that the council tax bill will have fell through the letterbox though. is it not all computer generated these days?Quote:
Originally Posted by greenginger
I doubt it, Murrayfield must have higher running costs than TynieQuote:
Originally Posted by Kato
Spartans ground? Saughton? Gary Locke's backgreen?Quote:
Originally Posted by whiskyhibby
Can anyone help me understand this.
When I listened to Fedatovas being interviewed I thought he had said that their wage bill from last season was £8m, this season it was £7m and that next year it would fall to just over £4m.
However it appears that on kickback they are saying that the wage bill is now at just over £4m a year.
Have I misheard?
Who did they lose over the summer that adds up to £3m in wages saved?
Don't know about their salaries, but they have shed at least the following,
Kello
Beattie
Black
Templeton
Obua
Suso
Elliott
As well as a stack of players who seldom played inc Jason Thomson, Jonny Stewart etc
Andy driver, Darren barr, zalukas, and webster, are all on big bucks Thats only 4 players off there wage bill and they are on -
Zalukas £10000
Driver £8000
Barr £6000
Webster £6000
£1.5 million for four players.
That leaves 36 other players from first team and under 20s , the plumber and all his coaches backroom staff/medical staff. Then John Murray and academy staff off only £2.5 million to equal the £4million no chance.
Reading the Sevco thread over on Kerrydale Street, seems Chuckie has been rambling again and one of his announcements was the new Gers settled the outstanding Wallace money last month after they were offered a £100,000 discount.
That was the money that paid the Yam wages last month, OK what can they hock next ? :greengrin
But won't they just rent Murrayfield for the days that they use it? In other words, they won't be paying for its upkeep for the full week.Quote:
Originally Posted by whiskyhibby
Quote:
Originally Posted by steviehibsleith
what a bargain :faf:
a poor mans joe tortolano :greengrin
Or, based on their present business model, at all.Quote:
Originally Posted by CropleyWasGod
Webster must be raging being on the same money as him wowQuote:
Originally Posted by steviehibsleith
Skacel must have been on a big wage too.Quote:
Originally Posted by steviehibsleith
Only £2000 p/w.............Quote:
Originally Posted by Filled Rolls
According to the kickbackians. :greengrin
Not quite accurate imho ... I think the council will ask them their requirements for a new stadium, and build it for them.Quote:
Originally Posted by greenginger
Skacel was on £7.5k a week.Quote:
Originally Posted by Filled Rolls
That came from hearts employees at a charity do in July.
Only way he was getting back was to take a massive pay cut or have local business men fund his wages
Same will happen with their captain and any other high earners as their contracts finish
Good to see them struggling financially after years of trying to keep up with Joneses !!
GGTTH
11 days until pay day.
Or not :greengrin
Another away game next weekend?.
No danger are they getting paid.
They are bound to have collected some cash in through the share scheme and have been paid for Wallace by Rangers so they may just make this months wages. December will be a problem though.Quote:
Originally Posted by HibbyAndy
300k for mcgowan to celtic in january......so av heard :wink:Quote:
Originally Posted by greenginger
It was until todays Scottish Cup draw. :rolleyes:Quote:
Originally Posted by Ozyhibby
Dont they need to have first dibs on any stadium they may be sharing to satisfy SPL rules?Quote:
Originally Posted by CropleyWasGod
Not that we would, but could Hibs price this game at £5 or £10 a ticket to ensure hearts don't get a bumper pay day...and ensure a full house at the same time? Or do the clubs need to agree on a price?Quote:
Originally Posted by StevieC
afraid so and they'll no be going for that. We could just make sure we hang on tae it until the last possible moment, the sort of thing they would daeQuote:
Originally Posted by Cool_Hand_Luke
Just a thought, but could Hibs make the game el cheapo to 1) ensure they don't get as much cash and 2) guarantee a full house (which IMHO we should get anyway)? :confused:
If it was them, they'd wait until it went to court and then pay up at the last minute.Quote:
Originally Posted by Desperate Dan
Now if we did that, I'm sure we could spin it out for a good few months before they got their money, probably just long enough to push them finally over the edge :devil:
The price has tae be agreed by both clubs and the tramps winnae go for that.Quote:
Originally Posted by FranckSuzy
:agree:Quote:
Originally Posted by Barney McGrew
Shame, I would have happily made a donation equal to a full price ticket if the club did adopt that pricing :-)Quote:
Originally Posted by Desperate Dan
Would be good to see their reaction if Hibs propose £15 a ticket. We could say it was in remembrance of their finest hour.Quote:
Originally Posted by Desperate Dan
Wait till you see the prices if its a replay...this game do or die for Hibs if we win then alls good but................
16 or 14 is fine, 15 is unacceptable. :wink:Quote:
Originally Posted by Hibby70
I wouldn't worry too much about their financial problems as the writing is already on the wall, what with HMRC chasing them for £1.7M. It's probably a matter of weeks rather than months before they hit the skids, so let's not get too flustered.
Let Vlad and UBIG shaft their supporters for as much as they can, and lets just sit back, relax and watch them go the same way as their big brethren cousins.
The paltry monies that they'll garner from ER in the SC is a mere drop in the ocean in the bigger scheme of things.
https://newsclient.omxgroup.com/cdsP...ssageId=650056
I see the Ukio Bankas has taken over Vlad's Basketball Arena. Debts must be pressing there too.
I wonder if that is the next destination for the PBS or will the Lith. Bank prefer a cleared site. :greengrin
What's the chances of us getting a bye into the next round with the Yams unable to fulfil their fixture commitments due to being in administration or liquidation before December?
Words like "disintegration" and phrases like "realisation of assets" suggests a separation of assets with intent to offload.Quote:
Originally Posted by greenginger
Given the importance of basketball in Lituania it looks like this is quite a major turn of events.
Does anyone know what Vlads involvement with the club was?
Regardless of the impact on their financial state - i think we should be doing this to encourage a full stadium against them. Get the place rocking to Alee, Alee and give the team an extra boost!Quote:
Originally Posted by hibs0666
Was he not the coach or entertainment manager? :greengrinQuote:
Originally Posted by StevieC
half time dancer/cheerleader :agree:Quote:
Originally Posted by Hibs07p
Interesting.Quote:
Originally Posted by greenginger
So the 1200 Bosnian bauxite workers ain't been paid for 3 months. The bank have moved in to secure debts against the real estate of their basketball team. HoMFC haven't got a pot to piss-in and the Ukio share price is trading at an all time low.
Only the most gullible would want to invest in shares in that mob. Step forward your everyday Yam.
Quality.Quote:
Originally Posted by Sergey
Quote:
Originally Posted by StevieC
Indeed it does. It would appear that the building was financed by the bank via UBIG (since UBIG seem to have been the operators/owners of the site)...this would suggest that UBIG have been unable to keep their commitments to the bank who have therefore been required to take the physical asset as recompense for the failed loan. The bank are clearly not in the business of running enterntainment venues so will look to off load what they can to regain their lost monies. Now I know Romanov controls both entities but I would suggest that the bank is forced to take some actions that even Vald doesn't like to preserve it's own balance sheet....
Probably not significant in itself but would clearly suggest that Vlad doesn't have the means to throw Hearts a £3-4m lifeline just now even if he wanted to (which he doesn't !)
I'm stealing that.Quote:
Originally Posted by Sergey
Is it just me or am I the only one who thinks hertz wont be in the SPL come Feb1?
I reckon he will cash in on the mugs and sell what good players they have then go into administration or whatever they want to call it (Yaministration)
What is interesting is the amount of Yams who seriously believe that this is just another false dawn for us - of course it may well be, but if it's as serious as it seems (and I've no reason to believe otherwise) their complacency will be their downfall.
The arrogance on display on much of the social media that I read yesterday was unbelievable - not on the football side, that (unfortunately) cannot really be countered at the moment - but the dismissal of any notion that they are on the brink, even after the share issue and the Fedotovas interview, is unbelievable. Even for them.
Oh dear. In between pie munching Blobbo has put out this begging message...
http://www.bbc.co.uk/sport/0/football/20219448
"It's been a helluva seven years [since Romanov took over]," added Robertson. "Some of the players that have been here have been incredible".Quote:
Originally Posted by Col2
Slightly struggling to think of any player who's been "incredible". Who does he mean? Nade? Kyle? :dunno:
The financial situation at HMFC is undoubtedly bad and I'm sure the reality is a lot worse than we are lead to believe, I'm not convinced they will be able to turn on the floodlights when we next visit Tynie on 3rd Jan. :******:Quote:
Originally Posted by Col2
I think we're now witnessing the end-game. No more hiding behind their veiled, glibly worded PR spin, this is them now in the last chance saloon with nowhere else to turn.Quote:
Reality finally hits home with John Robertson:
"I asked a lot of questions about the state of the club and how they were going to go forward.
"The club is in a severe financial state.
"But it's not all about wages. It's about keeping the floodlights on, pitch maintenance, the plumbing and other staff salaries.
I wonder how much Robbo is pouring into the black hole??Quote:
Originally Posted by Sergey
Quite happy if the floodlights are out and just stay out.Quote:
Originally Posted by YehButNo But
Quicker this club goes under the better.
:agree:The begging bowl is well and truly out with this share issue.Quote:
Originally Posted by Sergey
They are basically saying, 'if you don't buy shares, we won't make it to the end of the season.'
So, if the yams do buy shares and they see it through to the end of the season, .... then what??
And yet they still keep their fans in the dark. There has been no explanation to the Yams how exactly they are going to achieve break-even, just a call for cash to get to the end of the season and we'll take from there.Quote:
Originally Posted by Sergey
What I really don't understand is why no redundancies of non playing staff? They employ nearly double the amount of people we do but have a smaller turnover. So far they have not embarked on any meaningful cost cutting at all.
Guess we'll just have to sit back and enjoy the show. Who knows how it will all work out but I don't think it will be long before the end credits.
Fairly easy answer... they can't afford the redundancy costs.:greengrinQuote:
Originally Posted by Ozyhibby
The only thing he'll probably be pouring in tae a black hole is cheap whisky.Quote:
Originally Posted by Mikey
Dinnae tell that to George Foulkes :wink:Quote:
Originally Posted by Desperate Dan
Quote:
Originally Posted by Phil MaGlass
would yamaquidation not be better/more painful for them :hmmm:
As as aside - normally when there's a share issue the prospective investor is able to view a current set of accounts to weigh up the viability of any purchase. That's logical and a no-brainer.
Question - what was the year-end date of the last set of Yam accounts? Surely those accounts could be 18 months out of date and the situation could be far worse than was previously audited.
hopefullyQuote:
Originally Posted by Sergey
Really hope your right but i wish they'd hurry up and get on with it. When do these shares that they're relying on go on sale? how long till we get an indication if they've been a success or not?Quote:
Originally Posted by Sergey
From the few jambos i've spoken to and the general mood of there fans that i can make out it sounds like it's going to be a massive flop, if that's the case could it be curtains before December?
There was some chief supporter yam in the paper last week praising the club for their honesty and transparacy :tee hee:Quote:
Originally Posted by Ozyhibby
I thought they bought a new lightbulb, surely it's not gone again! :greengrinQuote:
Originally Posted by Ozyhibby
I think it lies in the hands of the SPL committee. They were hit with a 2 month transfer embargo last month for late payment, what's the next step? A fine isn't an option. A points deduction?Quote:
Originally Posted by bingo70
If the wage bill alone is £600k per month, they'll probably need to raise a damn sight more than that over the next 10 days or so, and I honestly don't see that happening if the previous 2 months are a yardstick.
No need to bring Mrs Robertson into this.....Quote:
Originally Posted by Mikey