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at last the Scottish press are starting to see through the latest incompetent shower of charlatans running Hearts. if they are that tight on cash flow then how on earth did they manage to outbid Aberdeen (and others?) for Liam Boyce. it’s Deja vu with Craig Beattie from years back.Quote:
Originally Posted by Ozyhibby
It's a situation that has been handled very badly. Instead of threatening expensive legal action they should have concentrated on ensuring that their staff were going to get paid. Budge and Hearts first reaction was one of complete selfishness. No sympathy for her at all.Quote:
Originally Posted by Ozyhibby
Bill Leckie has always been a good guy, good journo & a genuine footy, St M, fan. Very well written article, just a shame about his paper.Quote:
Originally Posted by Ozyhibby
Wow!Quote:
Originally Posted by Ozyhibby
"But you know what, Madam Chairwoman? Whereas a week ago I’d have gone to the barricades to defend your club’s right to try to stay in the top flight, today you’re on your own.
For this, there’s no one to blame but yourself.
All you had to do, as with BoJo and the nation’s bar staff, was keep your powder dry, compose your thoughts, get the staff onside and make the best of a rotten situation.
Foot on the ball, Budgie, foot on the ball."
Quote:
Originally Posted by BoomtownHibeys
Brilliant. I love it when Bill Leckie is off the leash.
All Jambos should read it. They may not agree, but it might help them understand why sympathy for their plight is in short supply.
I’ve said it before, but Budge’s selfish and indulgent attitude is particularly galling from a club that works so hard to make heroic sacrifice part of their brand.
‘Madam Chairwoman’ has been tested and found wanting.
Quote:
Originally Posted by bringbackbenny
Unfortunately Bill Leckie is often a lone voice and does not influence editorial policy. Still welcome though.
We should be spreading this article far and wide to the outside world I’m not techno minded but think it would be great in the absence of the rest of the media to publish this the truth must be told Ggtth
I don’t think the outside world will be that interested. Some other story seems to be hogging the headlines. :greengrinQuote:
Originally Posted by Garymcl
Quote:
Originally Posted by brog
Had a bone or two to pick with him over the years but he is the only journo so far to stick the boot in over the continuing joke that is HMFC. How have they dodged the bullet for so long?
It’s good that there is some negative momentum building behind the Hearts story. People on here have been pointing out for the best part of 2 years now the astonishing amounts of external cash they were burning through.
By the end of 2020 season it’s going to be close to £30m that’s been thrown at the HMFC project and this spend must have been continuing up until a few weeks ago
There’s 2 big events that could happen to HMFC over the next few months: Relegation and Administration.
If both of these things happen there won’t be many people around with much sympathy seeing that they are unarguably deserving of both events.
If they managed to avoid either one of or both of the above 2 events there will be a lot of people around shaking their heads in astonishment.
Agree, but it should be remembered that last summer he was paid 4 weeks wages (rumoured to be £30k a week) , as entitled, from Norwich City for the month after his contract with them ended. He then signed a permanent deal with hertz. To be fair to him he contributed financially to homeless charities etc when he was at Everton but he'll still be relatively well paid by hertz even after a 50% cut.Quote:
Originally Posted by Billy Whizz
Finally !.....someone calling them outQuote:
Originally Posted by Ozyhibby
Similar articles in The Times and Herald the past few days, written in different styles but saying the same thing. All we need now is our own local Scotsman or EN reporting the facts and we might have a dawning they’ve been financially doping for the third time in 20 years. Oh and that Budge sycophant Tom English could do with giving himself a shake too and trying a bit of honest journalism more often.Quote:
Originally Posted by gloryhunter
Hearts are deserving of having the boot stuck into them but so are Sevco - when he starts (unless I've missed it) putting the boot into Sevco for their spending policy then I for one will have a higher opinion of him. I'm not holding my breath though.....Quote:
Originally Posted by jacomo
Who would the creditors be that could force admin?Quote:
Originally Posted by cocteautwin
They can’t get external borrowings so it could only be directors, players or HMRC that they could owe substantial funds to I’d have thought?
I don’t see admin2 as a likely outcome at all.
I do think they will finally have to cut their cloth though, the Boyce signing and reliance on the cup semi highlights everything that is wrong with the way they operate.
I can’t see many clubs saying that Hearts have been dealt with unfairly if they are relegated.
Quote:
Originally Posted by marinello59
Sports journalists are desperate for football ‘content’. Get it out there!
With the news breaking about Aberdeen today, maybe best not to jump the gun on Hearts situation too much!
Wonder what Hibs response will be in coming days
Good read / can anyone copy and paste here please ?Quote:
Originally Posted by Ozyhibby
Exactly Jacomo I was meaning at every opportunity keep this subject about our rivals ineptitude to run a “football club “ in the spotlight in any shape or form there’s no way all is Barry is going to call out budge and her club in the local rag :flag:
Wow! Wasn't expecting that from Aberdeen but again how can a team with an average support of under 14K sustain their spending?Quote:
Originally Posted by RossScott1991
https://www.bbc.co.uk/sport/football/52006599
https://www.european-football-statis...ttn/avesco.htm
They are talking a bit longer term. They are including all of next season't ticket money in that future they are said to be losing.Quote:
Originally Posted by RossScott1991
Hearts went for it after one home game had been missed.
We won't be immune for it though, Andy.Quote:
Originally Posted by Andy74
I hope we're well placed to get through it but the longer it goes the more likely it is we'll need to cut costs somewhere.
Next seasons player budget will be hit for sure. And we won’t be paying transfer fees for anyone. We still need to sign about 10-12 players though but they will be getting less than those already here and less than they would have got previously. All clubs in the same boat but we should be better placed than some to deal with it. I doubt we will be spending money on the stadium this summer.Quote:
Originally Posted by matty_f
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No club will be immune from it but some will be slightly better placed for short term contingency.Quote:
Originally Posted by matty_f
It’s the equivalent of the payday millionaires who get paid and blow all their cash in the first week after payday and are pleading poverty for the rest of the month whilst others have used and spread their cash wisely. As ever we know it is these sorts of irresponsible, reckless cash guzzlers who will get the bailouts as well.
There’s 2 big events that could happen to HMFC over the next few months: Relegation and Administration
It would be ironic if their '5 year plan' went full circle. 🤡
Hearts and Aberdeen have been reliant on fans and millionaires chucking money at them for years. It's particularly interesting that the millionaires only seem interested in pumping money into them when there's gloating and glory to be had but not when jobs are on the line.
Not sure if both Aberdeen and Hearts catering etc is all in house so there would be overheads potentially incurred that Hibs wouldn't as ours is outsourced? I could be talking bollocks though
The govt 80% wage bail out probably saves them with that.Quote:
Originally Posted by 04Sauzee
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So careful what you wish for with half time pies etcQuote:
Originally Posted by 04Sauzee
Spending 80% ish of the 2019-20 season ticket money during season 2018-19.Quote:
Originally Posted by Roxyhibee
It's not hard for journalists to look and see where the story is although I can see how it's hard for some of them to come to terms with the truth.
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