They only have to be worth >1 month's wages.
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According to the Scotsman they have to raise an additional £250k by mid December on top of the other amounts, the Yams better get the flour & face paint out again. :greengrin
Hearts must find another £250,000 to pay players
HEARTS must raise an additional £250,000 by the middle of next month in order to avoid further disciplinary action from the Scottish Premier League, The Scotsman understands.
The money is required to pay two months’ salaries to playing staff, who agreed to defer their November wages until next month.
http://www.scotsman.com/sport/footba...yers-1-2650243
The transfer embargo is basically saving them from themselves and isn't a punishment as such. One that wouldn't tip them over the financial edge would be to ban them from playing any unpaid players. This reduces the unfair quality advantage in their team and would also be a deterrant to any player signing for them in the knowledge his career might suffer, would also make them less likely to accept wage deferrals.
Why are authorities in this country so scared to issue a sanction which is actually a punishment.
Agreed. It happened too quickly.
I'm still absolutely howling at the fact a club as *massive* as Hearts are relying on making Banoffee f*****g Pies just to try and stay alive.
'We're in severe financial turmoil.....I know, let's make a trifle, motherf*****s!!!!'
Mental.
Sorry, don't get your point. If their understanding (either by HMFC telling them, or by their own investigations) is that there has been a deferral, then there's nothing more that they can do. However, if it then becomes apparent (eg by a player or the SPFA telling them) that it isn't a voluntary deferral, then there is a case to answer.
Remember, too, that it appears that not all of the players agreed to the deferral. If that's the case, then the deferral is entirely voluntary and, IMO, there is no case.
But you say it appears not all of the players accepted deferral - if there's even one in conflict with hmfc, then they are in breach.
And my point is, as hearts are already in a posirion of receiving penalties for late wages, and if the players no longer have to complain about non-payment, then the spl are entitled, or even obliged to, ask the offending club - "have you paid wages as per the contracts we have copies of?"
He is due - fines would be a "normal" deduction and they can only fine after tax due.
The ones who didn't accept the deferral were paid, as I understand it. Therefore there is no breach.
I think Hearts' defence to the second point is that the contracts were amended. Presumably, although I am not sure, those amended contracts will be lodged with the SPL.
Agree in principal, however this would probably lead to clubs deciding not to pay the wages of administrative staff, youth players, coaches etc. instead of high earners so that they can still play a strong team. Unfortunately this would have a greater impact on the people who can least afford to go without wages for a couple of months.
82% of businesses are running smoothly and sensibly, while 18% of businesses are hanging on for their lives, or their half (zombie) lives.
I wonder which percent group the yams fall under.
http://oi47.tinypic.com/k352t2.jpg
(I was very bored before anybody asks. :greengrin )
Ma wife works am awright McGlynn said he wants to see 1m raised .. where are all these different targets being plucked from?
He also said he would defer his wages again if required.
Hope this whole **** circus has its lights put out for good by end of the year.
So when were/are the payments due that they are meant to be making by early December?
I am quietely confident this will be a major problematic area for the gorgie mob.if they have somehow got background staff,young players, fringe players to agree to defer, it will soon start to hurt most of these people in their pocket. in this day and age it's bloody hard to survive financially and a lot of them may have set their lifestyle up to have a fairly big house, good car etc. we'll see at the start of next year I suppose, but I do think some will be in touch with the players union soon. I am waiting with baited breath, to hear what F.Wishart has to say.
Just had a look on the Yam official site to see if any mention is made of HMRC getting paid the tax and NI for October, but not a mention.
I did see Zaliukius won the October " Wonga Player of the Month Award ". That must be embarrassing even for a Lith. :greengrin
There is also breaking news that more tickets for their end at the cup-tie at ER. will be on sale first thing tomorrow morning. Just a thought, if they were to go tits up,would we be responsible for the VAT on the tickets or for refunds to any Yams should the game not go ahead ?
I just think if they had settled one HMRC bill they would have been shouting it from the roof tops if only to placate the few Yam Doubting Thomases that must exist out there.
No, the game is under the auspices of the SFA, so Hibs, and to an extent Hearts, would surely be considered agents of the SFA.
Anyway, the game will go ahead, in spite of all our wishful thinking, so it's all hypothetical. I still see them scraping by until January but then it could be all down to how many players they can offload as to whether they see out the rest of the season.
Sorry, just silly thoughts going through my head.
1) Yams are selling tickets for the Cup tie at ER and have the cash.
2) Yams go tits up before game takes place and are still holding cash.
3) VAT man says,you sold tickets for match through an agent ( the Yams ) who has screwed you , but I still want my tax.
4) Yam says I bought ticket for match at ER which has not gone ahead and I want my money back.
Not going to happen anyway, so rest your weary head. :wink:
The £250,000 they have to bring up to date by 16th Dec cannot be their full wage bill but must represent the amount they persuaded the top earners to forgo. Which means that by mid December they actually have to find about £750,000. And pay the tax bill.
How much have they raised?
Also bletherin on about the Yams in the war again and McCrae's battalion :rolleyes:
Good on ye Yams, if it wasn't for you lot we would be getting governed from Berlin :rolleyes:
http://www.dailyrecord.co.uk/sport/f...s-gave-1451163
I'm sure you're right & I'm also sure the players did agree to defer their wages for a month. What I believe is inconceivable is Yams actually producing written & signed contract amendments to that effect. If that was case they'd be doing an amendment every week or two!! IMO Yams just told SPL the players had amended their contracts & SPL ( unfortunately fairly understandably ) used that as excuse to delay taking further action & pushing Yams over the edge. Don't worry though, an avalanche is pretty hard to stop particularly when the only thing in it's way is a pile of fairy cakes!
Don't fret, they've not got any wonder kids - they do have some very good youngsters though, so if they survive which they will in my opinion, they'll have some good kids to bring on - clearly the danger will be inconsistency but it will be very much like Mowbray's Hibs teams - they don't however possess talent like Brown, Riordan and Fletcher though.
They signed a young 15 year old recently who is a terrific young player and who apparently strolled through the Scotland trials - Hibs were in for him but the lad is a Hearts fan.
Believe it or not it's teams like Livingston that are nurturing some great talent at the moment. Hibs have got a couple of cracking young kids on their books too, but the competitiveness to get youngsters signed up is just as intense at youth level as it is at senior level.
The thing that gets me about the McRae's battalion thing is that whether or not it included Hearts players is pretty much incidental. Their deaths should be no more or less valued than those from other units who died. Hibs players also died in the First World War. We don't try to 'own' their sacrifice though in the way the Yams do.
Making a comparison between slavishly deferring your wages, because your daft enough to work for a tax withholding financial basket case of a company with a cynical manipulative boss, and people who died on the battlefield is frankly quite crass.
It's hardly surprising from a club as morally bankrupt as they are just about financially bankrupt.
Their older fans were very respectful towards all war dead and held special regard for the WWI team who went off to fight in the war.
It's only recently that they started claiming a special place in history as the only team that ever lost players in the conflicts since.
I say God bless them as my German is not very good.
Their poppy-watching is frankly cringeworthy.
I already am and it's not as bad as everybody thinks.
:greengrin
Did you realise that Hearts are actually to blame for the whole Nazi era and the Second World War?
The defeat of Germany, and the subsequent war reparations, laid the foundations for the resentment that provided the Nazi party's rise to power and, as a result, the devastation of the WWII
Now, if Hearts hadn't single-handedly beaten the Germans in WWI, then the terrible horrors that followed would NEVER have happened.
Jist saying likes....................
Does this constitute Godwin's Law? :wink:
Anyway, Hitler did plan to build a 400,000 capacity stadium. And you wonder where Vlad gets his idea from...
http://www.spiegel.de/international/...-a-861889.html
With the latest Yamtastic fund raising event here...
http://www.heartsfc.co.uk/articles/2...241384_2989482
...I can't but help thinking of Brian Potter trying to raise funds for The Phoenix Club.
Quote:
Situated in the Gorgie Suite from 12 noon until 4, the Family Fun Day is open to all with a donation asked for on the door.
Activities on the day will include a bouncy castle, arts and crafts, face painting, hair braiding, temporary tattoos, mini makeovers, speedcage, crossbar challenge, homebaking, tombola, raffles and performances. Access to all activities will again be subject to a minimum donation of £1.
I did think about that while writing but, to be fair, I didn't suggest at any point that the YAMS were Nazis, just that they were almost solely responsible for their existence
:wink:
"Activities on the day will include a bouncy castle,......"
Is Nade back?
:dunno:
tee hee hee
so have they not actually raised any actual cash with their actual dumb fundraising then actually?
it makes you laugh eh
Never laughed so much in ma life as i have in the last few weeks !! Hahahahaha ! Get it round ye ya hearts f.... Hahahaha
It's getting so funny now it's embarrassing to be honest, what a pathetic bunch they are and it just goes to show how the mighty have fallen...big team indeed!...tombola--face-painting-- :rolleyes:
What is truly pathetic is the two clubs who shamefully exploit the bravery of our armed forces for their own financial gain are the same two clubs who immorally, if not quite illegally, take whatever steps they can to avoid paying their rightful taxes which enable our forces to operate in as safe a way as possible.
Other clubs just quietly go about their business doing whatever the two "establishment" teams do, only they do it without fanfare but they do it far more effectively.
Hearts (and Rangers) should be utterly ashamed of themselves and their self-serving conduct.
Daughter is a teacher in an Edinburgh school. Hearts came in with the Cup this week and demanded a pound for a photo with the Cup.
How desperate are they to raise money! :faf::faf:
I've lost count of the number of different fundraising groups trying to bail them out. Compiled the following list and I'm sure I've missed some.
Supporting Hearts In Trouble - not to be confused with ...
Supporting Hearts In Trouble (Edinburgh)
Fans And Romanov Together - which opposes ...
Buy Out Romanov, Rebuild Our World
The Hearts Emergency Fundraising Trust
Buying Up Shares Trust
Romanov Investment Programme.