This has got to be illegal for him to be part of this "Scam"... :agree:Quote:
Originally Posted by Mac
It's one thing fighting for your club, but what he has done is despicable!.. "As no medals would say" :wink:
Printable View
This has got to be illegal for him to be part of this "Scam"... :agree:Quote:
Originally Posted by Mac
It's one thing fighting for your club, but what he has done is despicable!.. "As no medals would say" :wink:
That's a bit harsh. I remember clearly a couple of open letters !!Quote:
Originally Posted by Purehibee_MYB
I'm sure medals MacKay spoke up against him, on the weeks that he wasn't speaking up for him.Quote:
Originally Posted by haagsehibby
Lord Foulkes has had lots to say as well. Most of it has been incoherent.
Callum and Wullie kicked Russian hats whenever TV cameras were present.
The PBS has been a hot bed of resistance since day one IMO.
Don't forget the 'angry scenes' after the AGM a few years bck.Quote:
Originally Posted by haagsehibby
2 fuds in outdated club leisurewear hugging amd stumbling for about 4 seconds.
It was the Tianenman Square of McLeod Street so it was.
If tattoos were transferable, I would gladly have his name put onto my back! :greengrinQuote:
Originally Posted by Leishy1995
More like a wet bed of resistance. It's been pathetic. Anytime someone dared express concern on KB at the way things were being run, they were shot down by the majority who are complete roasters.Quote:
Originally Posted by Filled Rolls
Agreed. I wouldn't swap every Scottish cup since 1902 if it meant Hibs were in hearts position. We've had highs and lows but at least we will still be here to give us the chance of winning things. I can't believe they'd rather bicker amongst themselves and try deepen our club rather than save theirs.Quote:
Originally Posted by Sir Albert of Kidd
Remember shortly after Rangers appointed administrators last year a list was leaked showing all their creditors. What's the chances of us seeing something similar for hearts?
He's like a mad lassie who meets some guy and after on date buys a wedding dress. Surely you wait until he's fond what he says before you get the tattoo and laud him as a hero?Quote:
Originally Posted by YehButNo But
Just wondered if any Hibee has a Petrie tattoo. :greengrinQuote:
Originally Posted by ian cruise
It wasn't leaked. It was a public document, as presented to the Court.Quote:
Originally Posted by 1two
Right up there with the Gdansk shipyard, and the Battleship Potemkin.Quote:
Originally Posted by Pretty Boy
Four legs good, two legs better.Quote:
Originally Posted by steakbake
Still, 1-5, 1902...all worth it.
It'll come out when the admins send their proposals document out to creditors. Will be a few weeks (anything up to 10 weeks), but it will be made public, as the documents require to be filed at Companies House and the Court.Quote:
Originally Posted by 1two
What has to happen now for liquidation to occur? How long would it take for them to get entered into liquidation if they are to do so?
http://m.youtube.com/watch?v=QjgE4kNSU74Quote:
Originally Posted by devonjock
Just reading this article in the DR about Trevor Birch and how he is seen as a hero at Portsmouth and was cheered onto the pitch for saving their club. To me the Hearts situation seems similar to Portsmouth (although hopefully Hearts will be a lot worse once they get to examine closer) so could they end up in a similar outcome.
Portsmouth still exist but have slipped down the leagues and are now in the bottom tier of English football, can see Hearts going the same way.
Also did notice that the Portsmouth administration took 14 months.
http://www.dailyrecord.co.uk/sport/f...-trust-1968803
Hearts in crisis: Jambos can trust BDO administrator after he helped save us, insists Portsmouth supporters' chief
TREVOR Birch of BDO is one of the men tasked with saving the Tynecastle club - and he has good form having played a key role in the fans' takeover at previously crisis-torn Pompey.
HEARTS fans fearing for the future may take some comfort from administrator Trevor Birch’s past.
It’s fitting that yesterday of all days saw the financial troubleshooter walk into Tynecastle for his first look at the club he is now charged with the heavy burden of saving. For exactly two months to the day, Birch handed over the keys to Portsmouth’s Fratton Park to leaders of the fans group he helped to take over the club they loved in its darkest hour.
Next day he was cheered on to the pitch by an adoring home crowd in recognition of his key role in wrestling the club from the clutches of owner Balram Chainrai. Now the Foundation of Hearts must hope Birch can show the same resolve and know-how to help them negotiate the muddy financial waters of a buy-out. It wasn’t an easy road for Birch during the 14-month admin process, especially with Chainrai striving to reclaim control of Pompey for a third time and the war of words becoming increasingly dirty.
Yet Birch stood firm and Supporters Trust member Colin Farmery said: “It’s fair to say Trevor Birch will never have to buy his own drink in Portsmouth again. There is a great deal of goodwill in this town towards him for the job he did. “Hearts fans should be reassured by his appointment as administrator. He has football credentials, both as a player and an administrator. “And he is a fair-minded man who stood up for the club in an extremely complicated situation.
“Trevor had to go out on a limb for what he believed was best for the creditors and the club, despite a number of conflicting outside pressures. “In the early stages he was sceptical whether we could deliver but once he was convinced that our community bid was serious, he worked hard to support us. “He will bring the knowledge he gained at Portsmouth and his experience of helping to deliver the biggest community ownership bid in Britain. “Hopefully that experience will benefit the Foundation of Hearts as they try to put together their own bid for fan ownership.”
Specialising in insolvency, Birch became chief executive of Chelsea in 2002 when the club had a debt burden of around £80million. He played a key role in putting together the £140m Roman Abramovich takeover in 2003 that wiped out most of the club’s debts. Birch, believing his work was done, then decided to resign. In October 2003, he was appointed chief executive of Leeds United, another club with high debts, and was briefly chairman.
He helped the club avoid administration, and oversaw another takeover before moving on to Everton in June 2004 to become their chief executive. He has since held chief executive roles at Derby and Sheffield United before joining BDO. The fact he is working in partnership with Bryan Jackson is another boost for Hearts, according to their former manager Jim Jefferies.
His current role in charge of another administration-hit club Dunfermline has put Jeff in close contact with Jackson. The Pars boss said: “When I’ve worked with Bryan he has been good.
“I have spoken a lot to Gary Locke recently and I told him exactly what to expect. He will find Bryan very professional in what he does.”
I suspect you're right but I think the administrator meant that as there are a number of ways this could pan out he feels there is potential for the club to be saved/relaunched/whatever. I was just stating that I don't see his comment as contradictory.Quote:
Originally Posted by LeithenHibby
Quote:
Originally Posted by JeMeSouviens
Quote:
Originally Posted by marinello59
Apologies for the tardy response - was en route to Brussels yesterday and didn't have frequent access to the web.Quote:
Originally Posted by lapsedhibee
No, it's not made up by me and was a genuine letter published in the Scotsman yesterday (or Monday).
I was utterly dumbfounded when reading it though :agree:
Portsmouth went into admin mid-season, when there was money coming in to keep the club running. Hearts have zero liquid cash just now. The biggest immediate danger to them is the timing of going into admin.Quote:
Originally Posted by YehButNo But
Yeah but at least this moron has a better understanding of the situation than many of his fellow Yams:Quote:
Originally Posted by poolman
Quote:
“Romanov went on about bringing in world class players and managers and challenging for honours. It was rubbish. He made an a**e of us.”
It appears the biscuit tin is empty.
http://www.bbc.co.uk/sport/0/football/22979684
http://www.scotsman.com/news/hearts-...nced-1-2972133
Could be some redundancies announced today,
but cutting costs IMO is not really going to help that much, they need lots of cash coming in - and very soon.
"He conceded that liquidation was “always a possibility” adding: “The biggest problem is the present cashflow, keeping the doors open. Obviously there will be redundancies and that’s a nightmare situation for those people"
“But even for the people being kept on there’s real concern and they will be worried, and at the moment we can’t give any promise as to how we’re going to fund the ongoing wages.”
We would do well to ignore papers, tv reports and radio broadcasts about the Hearts situation for the next few months as it is going to be full of emotional blackmail and untruths. Getting to the little nuggets of reality in the media will be difficult.
Lots of.............. 'long suffering fans', 'death of Scottish football', ' a Scottish institution', 'incompetent authorities', 'new consortium showing interest', ' John Robertson says...', 'George Foulkes says....', 'club has been punished enough', 'CVA must be agreed', 'the stadium is worthless and must be sold for peanuts', 'better to accept CVA and get something than liquidate and get nothing'......... guff to put up with.
It's hard to ignore but if we can let's concentrate on Hibs going forward, back in Europe, season tickets up and forget about the sordid little world of bad debtors, fraudsters and cheats going on over the road.
As much as I want them to go under I'd have no qualms with an administrator fixing their club for them, the fans need to realise that they won't be the "third force" though, they will be paying minimal wages, much less than everyone else. Currently they all seem to think that once the debt is cleared they can go back to outspending everyone else in the SPL bar Celtc, Hearts on a budget is a totally different prospect to Hearts on steroids, which is what we have seen for the last 20 years.
Quote:
Originally Posted by stokesmessiah
They are the big team after all. :thumbsup:Quote:
"It's as bad a situation as I've ever come across and it's not helped by the timing, getting the appointment in June when there is no income,"
Hearts: Job losses to come after move into administration
Hearts staff are to learn of job losses on Thursday morning, with administrator Bryan Jackson revealing the club has "no funds at all to meet costs".
http://www.bbc.co.uk/sport/0/football/22979684
"Job losses are inevitable," he told BBC Radio Scotland. "We need to cut costs as quickly as we can.
"I think there will be losses on the footballing side, although that has already been pared down quite a bit."
"We are desperately looking at ways of bringing in some income. Unfortunately, probably the only real way of doing it is to make the usual plea to supporters.
"There is nowhere else to go really, apart from trying to sell players."
Hearts fans raised close to £1m in a share issue last season, as the club strove to find money owed to the tax authorities.
The Edinburgh outfit employ 131 staff in total, including 26 first team players.
"We intend to speak to all of the staff at 11:30 to let them know what the position as far as we can at this point," Jackson added.
"Unfortunately, there will be redundancies. Even for the people staying on there are real worries. We can't give any promises on funding for wages."
The bulk of Hearts' debt is owed to Ukio Bankas and UBIG, Lithuanian companies formerly owned by Vladimir Romanov, who established a controlling interest in the club in 2005.
However, Romanov's business empire has collapsed, with Ukio Bankas also in hands of administrators, while UBIG's assets have been frozen.
"Most of the debt is due abroad and, with their support, a CVA [Company Voluntary Arrangement] is achievable," said Jackson.
"There is a security on the ground that has to be realised but we are hoping that can be done as part of an overall deal with a CVA, so that the actual ownership of the shares will change and the club will come out at the other end.
"The biggest problem at the moment is cash flow and keeping the doors open.
"There are obviously potential buyers out there, whether they come good is out of control.
"We will be meeting the interested parties as quickly as we can.
"These situations are very fluid, so I don't like to put a timescale on it. It's a day-to-day situation.
"But the next week or two are really crucial because we don't have any funds at all to pay any costs."
Jackson also said that there would be an appeal to fans of the Edinburgh club to help address the current plight.
"It's as bad a situation as I've ever come across and it's not helped by the timing, getting the appointment in June when there is no income," he explained.
:agree: Nor do I.Quote:
Originally Posted by South Sub
Just can't wait for the onion pealing to start though........ :aok:
http://www.dailyrecord.co.uk/news/sc...manovs-1968719
“This feels like a divorce after having been in love. I thought Romanov was the man.”
Hearts fan sees the light and gets Romanov tattoo removed
Administrator admits only donations from the fans will save Hearts from liquidation as no income coming in to service the bare bones running of the club. Are the Jimbos up for it again? Ready to throw away more money? We'll see how much the club really means to them now! RIP
"Job losses are inevitable," he told BBC Radio Scotland. "We need to cut costs as quickly as we can.
"I think there will be losses on the footballing side, although that has already been pared down quite a bit."
So, as with all football administrations, the bulk of the job losses will be ordinary joes who work for a living. Not "millionaire" players who ought to be able to cope with missing a few months wages.
If anybody's been putting up with their office Jambo swanning around gloating about writing off all their debts and coming back good as new, maybe point this out to them. Be better still if you point out the fact that the folk working there are more than likely Jambos themselves, so they are celebrating their own species getting sacked.
That's hearts class.
absolutely :agree:Quote:
Originally Posted by Kato
This is the point they are missing, if they had gone straight to admin rather than the farce share issue (or not) and all the begging they would actually have been better off as they would have had a few months income which would have allowed the admin to put some sort of structure in place to get them through the summer and potentially a new owner by the end of last season, I personally think the Lithuanian's have went out to recoup as much money as possible before dissapearing and to hell with everyone, they just cant see it!! astonishing!!
So, if you're not made redundant, you'll be offered the chance to work for no wages? Is that even legal?Quote:
Originally Posted by Craig_in_Prague
A suitable bank for a bail out? http://www.merrickbank.net/
Are the funds that go to foundation of hearts being given to the club to help with current cashflow problems or to help fund a takeover?
Brilliant. The club ripped off the fans 7 months ago and now the administrator is about to do the same thing. :thumbsup:
They should be embarrassed to go on about 5-1 the way they do. Their team was well beyond their means, cheating of the highest order!
Let them have it, tainted cup win if ever i've seen it. Everything they have achieved in the last 10 years or so has been a result of financial doping. I'm sure if hibs and other such teams had literally broken the bank and spent millions and millions we don't have on players then we would have achieved more but unlike them we played by the rules and actually conducted our business in a fair, sporting manner.
Despicable club whos fans love to believe they are the "big team" yet the reality is that they are not and the only reason they have had a bit of success is because they over spent millions and millions of pounds on aquiring players they could nowhere near afford.
Yup and it won't be our eyes that start watering! Unless we're laughing too hard of course :aok:Quote:
Originally Posted by LeithenHibby
Ian Murray MP has admitted that the FoH money could be used as a slush fund to keep the doors open during administration.Quote:
Originally Posted by bingo70
It seems as though the begging bowl has sprouted wheels and is now of the mobile variety. I heard the tale end of a report on local radio this morning and from what I gather the FOH group plan to stage a series of meetings throughout Scotland in order to try and galvanise financial support.Quote:
Originally Posted by desantos0773
Any time time you can expect to see a representative on your local High Street with his fiddle in hand and collection bunnet on the pavement.
I would suggest that some of the donors wouldn't be happy with that.Quote:
Originally Posted by jacomoseven
IIRC, the purpose of FOH was to raise money to buy the club, not to keep it going in the hope that someone else would buy it.
:agree: Yep. Sold it on the basis of fan ownership.Quote:
Originally Posted by CropleyWasGod
It took him 6 years to see the light? Talk about a dim bulb brightening.Quote:
Originally Posted by AngusHibby
Anybody feel brave enough to broach the subject of Santa Claus with Stan?
Also adds to the confusion, they said that the pledges will be taken at start of august so jonny yam thinks he's contributing but by the time his 10 dd is paid it could be too late.Quote:
Originally Posted by CropleyWasGod
IMO FoH are contributing nicely to the downfall of the current club, cheers guys!
I would suggest you'd be right.Quote:
Originally Posted by CropleyWasGod
After all the broken promises and deception from the Lithuanian regime, you'd think the absolute first priority for FoH would be to build trust with the supporters.
When are they pitching up at the Kirkgate?Quote:
Originally Posted by Golden Bear
That still puts him in the top 1% for the Yams.Quote:
Originally Posted by Filled Rolls
Get baking, Yaks!!!!Quote:
Originally Posted by desantos0773
Why don't F*** O** Hearts or whatever those letters stand for get a collective Wonga loan? Preferential rates (APR only 1000%) and approval within 15 minutes? Sorted.Quote:
Originally Posted by bingo70
It actually was cheating as were Rangers in some of their 'victories'. Both clubs should be stripped of titles as should any club anywhere, who has done this.Quote:
Originally Posted by NumberSeven
Then what? Svedish Consortium Time?Quote:
Originally Posted by jacomoseven
Is it true that the Swedes are headed up by some guy called Vladstig Romanovsson?
We need to make the hurtz-15 fans realise that the admin guys see it as "one for you, one for me" with any income generated.Quote:
Originally Posted by desantos0773
Suck it up, yams!
Quote:
Originally Posted by stokesmessiah
Jeez guys, slow down, I went to Ascot yesterday & its taken me 2 hours this morning to catch up, but as Steve Tyler sang, I don't want to miss a thing!!
Couple of things;
1. Its as bad a situation as I've ever come across!! this from Bryan Jackson, the guy who's currently handling the Pars!! As I posted a couple of days ago I think BDO will stick their head round the door, say WTF & bolt for liquidation.
2. On an even happier note doesn't Bryan Jackson look like an undertaker??!! Could someone ( Steve? ) with more IT skills than me please do the necessary amendments to his pic? Possibly a new avatar!
This and the earlier post about the administrator asking the fans to put in cash - do the deluded ones realise that the first (and likely only) call on that money will be the administrator's fees?Quote:
Originally Posted by bingo70
Quote:
Originally Posted by South Sub
:greengrin Let the show begin!...........
I find this very hard to believe. The yams could never be duped in the same way twice. They're just too clever for that, one of my sources tells me that some of them have already realised that Vlad hoodwinked them!!Quote:
Originally Posted by Speedway
Yep! Thats probably BDO's biggest concern right now!! You mean, there's really no money at all, Holy Vlad!Quote:
Originally Posted by GloryGlory
Loving the meltdown of the Yams. But I doubt if any Yam involved in FoH will object to them funding administrators. If they don't get money in rapid then it liquidation. If FoH can keep them afloat then they have a chance of still being a SPL. So whilst there has been a change of direction by them I doubt they will complain.
Just in - der head off der Sveedish Consortium is ....
http://25.media.tumblr.com/tumblr_ln...s31ro1_500.jpg
Why the **** are they not outside Tynie right now protesting, aiming to raise money, contacting entrepreneurs associated with Hearts, even baking some cakes right now?
Look back to Hands off Hibs, fan power found a buyer for us and helped keep Mercer at bay.
The administrator has said that they are in total dire straits, yet they're still going on about how they'll pump us at Tynie, 5-1 big team wee team etc. How much more blatant does it have to be, without a minor miracle their club won't see the summer out?
I really want to see one last derby for us to have a pop at Arbroath's 36-0 record, they're not exactly playing their part!
That should keep them limping on for another 4 or 5 days then :greengrinQuote:
Originally Posted by jacomoseven
Edited the post, good thinking, although with your reply they can still see the company name. They probably aren't bright enough to do anything about it though.Quote:
Originally Posted by Filled Rolls
True. After all, FoH will have millions to play with, so no problem diverting a small % to cover running costs now before launching their bid to buy the club in a couple of weeks.Quote:
Originally Posted by lucky
#allisbarry
just moved to sweden I'll set them straight :aok:
Can't help feeling the yam's situation will have a short term negative impact on Hibs. So to do my bit I've just signed up a direct debit for the Hibs youth development fund: http://www.hibernianfc.co.uk/page/Th...,10290,00.html
FR can edit the quote and it's sorted.Quote:
Originally Posted by Moncur10
FR?
I think your job would be safe for a few years. It takes a while for the penny to drop over there.Quote:
Originally Posted by Moncur10
But what will they do next week?Quote:
Originally Posted by jacomoseven
Job done.Quote:
Originally Posted by Doddie
Just drove past tyne and theres loads of media vans parked in the main car park so did the obligatory toot toot toot toot toot toot toot toot toot Hibes as I drove past. Then turned onto Gorgie and as driving past the other entrance on Gorgie road, you couldn't make this up, a Hearse was parked right outside the stand :faf::faf:, turned and said to the Mrs "how apt is that". Its great days to be a Hibee :flag:
Quote:
Originally Posted by Filled Rolls
Good man. So, do we take Mr Mullen since he's available, or what?
What are you saying?Quote:
Originally Posted by Filled Rolls
Money for Nothing you might say.Quote:
Originally Posted by Northernhibee
Lets face it, the Yams are goosed. This is just good money ager bad, just as it was with the so called share issue, ST sales and bake sales. All funds are being diverted to pay wages of the players, staff and now the admins. None of it is being used to do what they need at this stage, pay off their debts and tax bills. The Lith Admins have no affinity with the club and will be seeking full value for creditors which will likely involve the sale of Tynecastle at best commercial value -not some knock down fire-sale price that FOH might want.Quote:
Originally Posted by jacomoseven
The sooner the Admins come clean about this the sooner everyone can get on with new fixture lists and applications for Newco. IMHO Hearts will not be playing football next season.
But they wont start collecting money until August, and wont know how much they actually have until that date.Quote:
Originally Posted by jacomoseven
I think the administrator would struggle to keep the club going for 6 weeks on the basis that there may (or may not) be an undefined amount of money available for running costs.
:agree: I was just about to post the exact same thing! :greengrinQuote:
Originally Posted by brog
did you edit mine aswell!!!Quote:
Originally Posted by Doddie
dont know if I have just not seen any mention, or coz I dont use twitter; but Allisbarry seems awfully quiet the last day or two ?
BDO hosting a press conference at 5pm tonight apparently. I reckon there will be more than a few sphincters twitching on Planet Yam after Bryan struts his stuff.
How can FoH money do anything? the Direct Debits aren't getting taken until August, Hearts could be liquidated by then!Quote:
Originally Posted by Iain G
I don't venture over to the dark side but what is the general consensus from our brain dead neighbours about the begging bowl coming out again? Are they falling for it again?
Wonga loan, obviously.Quote:
Originally Posted by StevieC
Because they are far too busy banging on about 5-1, 1902, big team wee team etc.Quote:
Originally Posted by Northernhibee
HMFC - the club that just keeps on giving!Quote:
Originally Posted by SMAXXA
Rod does it to us every year. They get BDO to do it, a top five accounting firm.Quote:
Originally Posted by s2hart
See? Big team.
Would settle for 15 fathoms. :greengrinQuote:
Originally Posted by Lucius Apuleius
Petrie!!! :brickwallQuote:
Originally Posted by Speedway
On a related/unrelated note I will pay diamonds to the person that can get me the details of the £500 per month pledgers. I am working on behalf of African royalty and have a business proposal they may be interested in.
The plan to see the summer out is 5-1 big wee team hobos VLADIMIR ROMANOV VLADIMIR ROMANOV 1902.Quote:
Originally Posted by s2hart
Let's call it an "internship", shall we?Quote:
Originally Posted by Purple & Green
Should that not be the club that keeps on taking....:confused::greengrinQuote:
Originally Posted by NumberSeven
No need to pay diamonds, just ask. Most of them are on here. :-)Quote:
Originally Posted by Treadstone
He's in tonight's EEN, among other things talking about "four credible bidders" for the Yams. :greengrinQuote:
Originally Posted by Craig_in_Prague
Reckon we should mobilise a squad of a few dozen Hibbies, get some banners, smokebombs, placards etc and head down to Tynie.
'protesting for the jambos, we're protesting for the jambos'
'shall we do your job for you, shall we do your job for you?'
Quote:
Originally Posted by Pretty Boy
Nah, it's ok noo. The gasman on Keekbroke has given all the disciples good news aboot some consortium... All quietly confident.... Not fully, not loudly, but quietly... Confident. :confused:
Hearts staff furious with Fedotovas email
http://www.scotsman.com/sport/footba...mail-1-2972198
HEARTS staff are furious after outgoing directors signed off from duty in an email and left employees fearing for their jobs.
The club officially entered administration yesterday as auditing firm BDO began work at Tynecastle. However, no board member appeared in person to address employees or apologise for the fallen Lithuanian regime.
Instead, director Sergejus Fedotovas sent an email to all staff thanking them for their “enormous efforts” and wishing them well under a “new regime”. The Evening News can reveal that Fedotovas’ fellow director Vitalijus Vasiliauskas was in Edinburgh on Sunday to sign papers signalling Hearts’ intent to enter administration. However, he flew back to Lithuania on Monday and chose not to speak to staff.
The only other board member, chairman Roman Romanov, has not been seen at the club in more than five years since he claimed Scottish football was “fixed” during Hearts’ AGM in April 2008. A source close to Tynecastle said today: “The staff feel let down that they weren’t given a face-to-face address by any of the directors. While the email was welcomed, it was lacking in an admission of guilt on the board’s part.
“That’s something they’ve been culpable of since coming in. It’s never been their fault. They’re gone now, which is the bottom line, so things can move forward hopefully. I would think we’re unlikely to see them back in Edinburgh.”
Email being sent to Blackpoolhibs as we speak.Quote:
Originally Posted by Ozyhibby
:tee hee:Quote:
Originally Posted by Ozyhibby
:greengrin :protest:Quote:
Originally Posted by Pretty Boy
:agree: Exactly! They keep reasoning with themselves that it's ok to be where they are. Even now they're in administration they've managed to come to the consensus that they will be out soon debt free and second in the spl. It's actually worrying that a team with 140 years of history can go down without much more than a cough and splutter.Quote:
Originally Posted by NumberSeven
Live updates of BDO meeting with staff via following STV link:
http://sport.stv.tv/football/230096-...f-midlothian/?
http://img200.imageshack.us/edit_pre...&action=rotateQuote:
Originally Posted by brog
Staying about 100yds from Swynie, I am only too pleased to offer my services. I will get papers and sarnies from greggs for all workies involved with the demolition process.
Hearts fans genuinely believe that this whole Admin/BDO thing was carefully orchestrated to get them over to new owners debt free as quickly as possible. They've no comprehension that their club is teetering on the edge of liquidation. They really don't understand that not only do the administrators need to find a buyer who wants to pay for a club thats crippled financially but also find a hefty amount of cash to keep them running every day. BDO can't pull the same dirty tricks the previous regime pulled to keep them afloat (delaying tax etc).