Turnover figures inflated by on field successes which were as a result of spending another countries savings......Quote:
Originally Posted by Craig_in_Prague
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Turnover figures inflated by on field successes which were as a result of spending another countries savings......Quote:
Originally Posted by Craig_in_Prague
They can't register new players whilst in administration.Quote:
Originally Posted by HFCDaveA
So even if they start paying their players again (:faf:) they won't be able to bring in any players until they exit administration.
Yes there's that too but still won't be able to register players when they are out of it I reckon. No idea when that hearing is though but the punishment can't be less than the last time.Quote:
Originally Posted by HFCDaveA
yes but as soon as they are out of admin, are they immediately allowed to sign players? Seems Dunfermline have been given a ban until the end of the year. http://www.bbc.co.uk/sport/0/football/22470071Quote:
Originally Posted by FalkirkHibee
Going on the punishment the last time, just based on paying wages late and not even the admin, there will be restrictions in place.Quote:
Originally Posted by HFCDaveA
It's a decision for the SPL/SFA. All I know is they definitely can't register new players whilst they remain in administration. If they come out of administration then it's up to the authorities to impose other penalties on them.Quote:
Originally Posted by HFCDaveA
Was talking to a Hibbee today who said that they are beginning to get a wee bit worried about their own financial situation. Was saying Killie, Dundee Utd, Aberdeen and them are all struggling. Dunno if it's true but it cheered me right up.
A clown from keekback posted this
ok who's the Hibee ??
anyway GIRFUY FTY GGTTH
Dons and killie are known to be toiling. How the guy can be worried about hibs' finances is beyond me. I'd like to know what our actual net debt balance is? Obviously we have debt regards the stadium, but outwith that...anyone
Thinking for a moment I imagine clubs with lower debt and cost bases to weather the storm better whether that translates onto the pitch who knows but I'd imagine Ross County to be relatively unscathed and wondering about ICT. With our relatively larger cost base perhaps we will suffer proportionately more but what's the alternative?Quote:
Originally Posted by manx hibee
We're not in a fantastic financial position at the moment but we're in no danger of administration.Quote:
Originally Posted by hibs4thecup1988
I know that yeah. But are we talking couple of million or 10?Quote:
Originally Posted by FalkirkHibee
This will be long and drawn out with many false dawns and saviours. Don't spend too long analysing every half baked rescue plan - has Kenedy expressed an interest yet? If RFC could muster a £5.6 million bid from another conman what chance the Jimbos. Liquidation and a ground share in West Lothian with a wee application under a newco to div 3. Enjoy the summer fellow Hibees!
£7M in long term mortgage debt and £1M in a soft loan from Farmer via the holding company.Quote:
Originally Posted by hibs4thecup1988
For a football cub we are in a fantastic financial position. The last couple of years of profit and loss hasn't been great but we have no overdraft, we have a completed infrastructure and significant land assets. Our debt is manageable and long term. We are worlds away from administration!Quote:
Originally Posted by FalkirkHibee
no summer singings then for the unwashed.Quote:
Originally Posted by HFCDaveA
yup. very healthy balance sheet.Quote:
Originally Posted by Andy74
I thought it was closer to £6m in mortgages and £1/2m to Sir TomQuote:
Originally Posted by Part/Time Supporter
Quote:
Originally Posted by desantos0773
:aok:
desperate, desperate hertz fan.Quote:
Originally Posted by manx hibee
And we have season tickets sales way ahead of last season and, iirc, we have beaten last seasons total already, off the back of a cup final (big cup) and a European fixture to look forward to. We had a bad year or two but are on the up.Quote:
Originally Posted by Andy74
I recall Rangers fans spouting similar stories last year about Celtic, until they released their financials showing massive turnover increases, no debt whatsoever, cash at bank etc etc.
Bitter yams trying to deflect from the catastrophe at tynecastle and real threat of extinction.
Another myth, perpetuated by the Jambo at the BBC .............
How many fans do Hearts have?
Last season their average attendance in the SPL was 13,163
Creative accountancy? Count all their season ticket holders as present, just like their big brothers in Glasgow?
And give it 3 or 4 years and players like Hanlon, Harris, Forster, Handling, Caldwell, Stanton etc could easily be sellable assets worth several million in transfer feesQuote:
Originally Posted by Part/Time Supporter
...............and that was with cut price tickets from £5 for an adult and begging fans to fill the ground every weekQuote:
Originally Posted by Jonnyboy
They seem to have the idea that they'll be selling out game after game next season, despite the fact that their season ticket sales are lower than they have been in a long time.Quote:
Originally Posted by Jonnyboy
It's amazing how statistics can say one thing and they always seem to think the exact opposite.
I cant remember if this has been asked but if there is to be a list of creditors will that only be published if theres a CVA and more importantly will it include those who bought shares and season tickets?Quote:
Originally Posted by macca70
Oh please say yes yes yes yes!
stv news, 19/06/2013.....Hearts fans quoted saying "every hearts home game will be sold out next season"
.....we shall see!! one would seriously doubt it!!!
No chance. Especially after a few heavy defeats early in the season. Even the diehards will stop turning up.Quote:
Originally Posted by Hibernia Na Eir
Aye, ground sharing with Spartans maybe!:na na:Quote:
Originally Posted by Hibernia Na Eir
:agree:Quote:
Originally Posted by Hibercelona
Mass hypnosis at work here methinks