Think the latest set of accounts showed the directors had been given a pretty significant wage increase and at the AGM it was justified as they never had a pay rise the year before or something.
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Interesting link about salaries paid in the sporting world. Celtic are at 169 on the list and Rangers, Hearts and Hibs are at 199,223 and 230 respectively. Worth noting the difference between Hearts and Hibs (and remember this is the average wage)
http://www.sportingintelligence.com/...llenge-110601/
oh but but 5-1!
Is it also true that Hertz had a lot more players, possibly on low wages that would have lowered their average.
Anyway, what a great summer this could be! I hope for a sloooooooooooow painful death!
Whilst, for us, with the right players added to the squad theonlywayisup!
Link re Scandinavian bid
http://sport.stv.tv/football/229286-..._redirect=true
What's people's take on this?
Cheers - thanks for that. I can see it makes sense for them to carry on, but I guess when they run out of cash to pay directors they'll call it a day (if the Lith admins haven't got there first).
A couple of interesting factoids popped out of the accounts - they value their tangible assets at £15m+ - which is the benchmark that bidders will have to take into account if they want to take over. The other interesting one is the highlighting of 'memorabilia' - valued at £154,000 they also mention it heavily on their website in the section about Hearts charitable and community activities.
I can see Christies engaged anyday soon to auction off their historic paraphernalia.
11 months just to prepare bid? Jeezo.
My take is that any bidder is going to have a hard time buying the club because I'd imagine the current encumbent would be about as transparent as brick. UBIG's assets are still frozen and given that a) Romanov is still on the run and b) UBIG are about to have insolvency confirmed then it's incredibly unlikely they'll be unfrozen for any sale to take place. The offer would have to be a mighty one for the lithunian government to even consider it.
As mentioned by others, this appears to me to be a group of people who would like to own Hearts but don't actually have the funds to be able to do so. There's no reason for this process to take any near as long as the media claims.
Announced on the radio that all the hearts players are up for sale. A deluded jambo turns around to me and says all clubs players are for sale if the price is right.
Hahahahah
My thoughts on it are that it will be very hard to buy the club.
Romanov is not around at the moment and he will be the one that will be having the say so on whether the club is sold from the shares perspective.
Assetts are frozen so would need to sort that out. Any buyers will surely want to see up to date accounts and what the current creditors list looks. If they managed to buy the club for a smallish amountdebt free they have to plough even more money in because they have spent all the money required for close season and part of the coming season.
IMO, anyone buying the club will need to pay a lot just to get the club and then keep it running.
Saw this on Facebook.
Save Our Hearts - Heart of Midlothian FC est 1874
OK...An idea that has been in my head for a while now. If the Foundation is seriously passionate about taking over the club, they need to know how much passion is with the FANS regarding this demise of our Historical club.......Back in 1916 a guy called George McCrae decided that there needed to be a call to arms facing a major crisis namely the lack of volunteers willing to serve their country and fight during the Great War....now no disrespect and I'm not comparing our crisis with such, but George hired the Usher Hall and asked all concerned to attend. This call to arms succeeded in the whole Hearts squad enlisting and 500 players supporters marched to Castle Street and immediately sign up for the 'Supreme Sacrifice'.....My idea is that the FoH hire the Usher Hall....invite Hearts fans and any other supporters willing to make a pledge to 'Save Our Hearts'......charge a donation to recover the costs of the hiring it and see if there is enough who will make the effort to turn up to make a serious bid for our club. Talk is cheap, but getting of your arse and doing something is a little bit more substantial. I would then suggest that all attending march from Lothian Road to Tynecastle for a rally in the car park near the Old Stand. If only a handful turned up....then forget it! The club dies or just plods along for a slow death in the NEAR future. Laugh at my idea....I don't care, but the lack of anything substantial actively happening is really starting to worry me. Imagine 10,000+ marching being led by a pipe band along Shandwick Place, past what was the Hearts memorial, along Dalry and finally ending at Tynecastle? I can...and I am not laughing....it's up to the fans to stop talking the talk and walking the walk...it's our club and we are responsible for it's future. http://youtu.be/cil_g6p_jPY
If the plums fail to pay wages, do you think the SPL will have the balls to give them an immediate transfer ban knowing that they will be offloading players without being able to replace them. I can see a transfer ban coming into force about a week before the window shuts or something similar.
Isn't putting the players up for sale totally absurd, Hearts are obviously close to the brink, if they don't get a substantial cash injection in the next few days the club will quite possible go under. If that were to happen those players would be free agents, so why should anyone pay? Why not simply wait and get these guys for free?
Even then who are the sell able assets at Hearts? Walker, Wilson and Paterson, other than that who is gonna pay for Jamie McDonald?
I'm sure that a desperate, drowning man will clutch at anything for a bit of air, but this nugget from JKB was too priceless not to share
Surely somebody with connections could organise a glamour game friendly for Tynecastle this summer?
Eh? Since when did Hearts have numerous well heeled fans with intimate connections with continental powerhouses of football? I love the naivety at work there. Clearly, someone has been playing football management sims on their computer for too long...
Jamie Borthwick @jamiekborthwick
Crest, which was advising Scandinavians on bid for Hearts, confirm on website they have handed over responsibility for the bid to the group.
Jamie Borthwick @jamiekborthwick
That means the six in the consortium are now doing the negotiating directly with the administrators in Lithuania.
Never mind, Jambo chums, there's always Massone. :aok:
How does their "Europe" song start again?
"AND NOW THE END IS NEAR,"
NEXT LINE SUNG BY SINATRA
AND SO WE FACE THE FINAL CURTAIN.
:na na::not worth