Very much this.
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Ffs old Self sufficient Southern has just been wheeled out by the bbc. I wondered where he was hiding.
What will they do if Heriot Watt closes down?
Fife College announced it was to close earlier, if Riccarton gets closed they will have to make alternative training arrangements as well, you'd imagine.
Maybe not gloating but there would have to be a strong element of schadenfreude and knowing head nods from the people here who’ve been pointing out, for a number of years now, exactly how much HMFC have been over spending on their project. It’ll be no surprise if they find themselves in serious financial difficulty.
This eejit thinks that it should continue.........
https://www.bbc.com/sport/football/51913599
I don’t think it’s if they find themselves in financial difficulty I think they are after Budges comments today. Surely they budget wages and outlays from the start of the season and that should contain a contingency?? But no wait it’s Hearts!
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Surely the mystery benefactor will bail them out. In the short term it is a problem for all clubs but if we do resume in say 12 weeks the losses can be minimilised. It's not only Hertz that will be relegated or is it as usual all about them and the rangers where sporting integrity is concerned. Funny how it never bothered them when they were spending tens of millions on players they couldn't afford.
They were already £4m short at the start of the season having spent most of the early season ticket money when most clubs keep this money in the bank to be spread out over the season. The anonymous benefactor probably injected this £4m similar to previous seasons. Won’t get confirmation of this until the next accounts are published.
They’ll have had a bit of an unexpected financial shock due to the new management team and extra players signed mid season.
If the benefactor or Budge isn’t putting in more cash they will be in serious financial difficulties. From what I can gather though, Budge has received back her £2m from FoH so I’d imagine she’ll need to put that back in to the club as another loan to keep them ticking over.
If the season ends now and HMFC don’t get the cash from the cup run, extra income from the final games, and they get relegated then I would predict that unless they get significant outside injections of financing then HMFC are looking at another administration/insolvency event.
Anyone know when the Hearts documentary will be on. This will be must see TV 😅
Yep, that's how it reads, they should probably just owe it to themselves for a bit until the crisis is over then declare self sufficiency before having a right good go at the Championship. They've got all that experience of doing it so well before.
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