A lot of them seem to think the The Rangers route back into the League structure is an automatic path.
Rude awakening coming to them.
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A lot of them seem to think the The Rangers route back into the League structure is an automatic path.
Rude awakening coming to them.
Groundshare could be a major issue, if they lose Tynecastle. The rules might not be so strict in lower divisions but I suspect that they may struggle for entry to Championship/Premier if they don't have control over their stadium. Groundsharing was allowed in the past, but only under special circumstances (ie Inverness were redeveloping their stadium).
can they just no die, I want to party, do we think they will get the big L ? I am so excited ha ha
Feels apt. timing for a Bajillions 'mood inside the PBS' update.
must be due one !
I see they are looking at players to recruit for their big adventure (in the lowland league)
http://www.edinburghnews.scotsman.co...stle-1-3373409
I can see them getting the vote no problem. Whether they will be ready on time is another thing.
During the close season they would need to register a newco, rent a stadium, sign a whole new set of players, sell season tickets etc. All before August.
When Rangers did it the deal was all set up in advance, they kept their old kit, sponsors, players etc.
Hearts do not have any of that.
To an extent .. but each step taken was voted on, which could have gone either way .. and there was also the 5 way agreement to keep them in the league (mainly because the SPL/SFA thought that things would implode without The Rangers).
The "precedent" was therefore lots of proposals, voted on in succession of the previous one failing, and eventually rules bent to allow them into the lower division.
Of course it's possible that Bidco might manage to mirror what happened to Sevco, but I don't think anyone could guarantee it.
Folks, exactly how do things stand at the moment? A wee summary would be most welcome for the non-financial experts like myself.
There's nothing happening at the moment, except that they're running out of money. The Lith's have rumbled the fact that BDO strung them a whole pile of lies about the value of the PBS and are now looking into things themselves.
Slowly :greengrin
Don't expect too much new until just after the last game of the season when Hearts 1874 will cease to be and The Hearts 2014 will come into being.
'Lickers' fever finally seems to have hit Kickback with a vengeance. Very much enjoying the opening salvos in the JCW. (Jambo Civil War). It's the bemused 'dis this mean Hertz'll no be able tae sign new playurz in the champiumshup..." masses I feel sorry for. They will be the ones sacrificed on the Gorgie killing fields.
Stevie, the SPFL dumped a lot of the Stadium Requirements that had previously been part of the SPL Membership Criteria.
I know, for instance, there is no longer ANY requirement for a minimum number of seats (previously 6k). I don't claim to have any idea about all the new rules but, it may be that they don't have the same strict rules on ground sharing as the SPL.
I actually think the most likely scenario is renting Murrayfield. I honestly don't think the SRU would play hard ball with them regarding rent levels and they already have everything in place for football matches. it would be much cheaper than maintaining their own stadium and they would obviously have the potential for much higher attendances, because of both the size and location of the stadium
This is a direct quote from an email they (Law firm, Tark Grunte Sutkiene, advising Ūkio Bankas) sent me when I enquired as a potential "new bidder"
"Please be informed that the current offer is on-going the approval procedure by Ūkio
Bankas creditors and it is expected it will be approved within the upcoming
days"
I have until tomorrow at 10 am Central European Tiime to submit my offer. So looks like as we suspect BDO right out of the picture and creditors still mulling over alterantives but BIDCO looks like being accepted.