If seasons sell will still run out of cash.
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If seasons sell will still run out of cash.
Imagine that squad minus two probably senior players. Last 3 months and we'll get to pumped them at tynie
Missed the start of the conference. What about people who already bought their Season Tickets?
If fans don't support in next week big sign that had enough.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngTB: It leaves a tight pool of players but with a lot of potential.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: If fans don't support the club in the next week then it sends out the signal they've had enough or don't have the money.
Allan Price@AllanGPrice
http://www.coveritlive.com/templates...itter_bird.png#Hearts have sold £1.8m of season tickets for next season, and they now have NO money in the bank according to BDO
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: If theres very little movement on ST sales in next week then it will be looking very bleak.
They will easily sell 3000 season tickets, I have a bad feeling they will get out of this
Fair amount of emotional blackmail going on.
Cuts likely to be "BRUTAL" - according to Beeb Radio Scotland.
Such a shame, a real shame.
:yamlaugh:
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: 5-1, 2nd biggest club in SPL, 1902, Romanov years well worth it.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: glad to see dignity and no fan protests.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: Just kidding, you roasters.
not all the above may be true.
Summary is that selling another 3000 season needed just to get through next few weeks. Will still be out of cash after that. 4 players to go. Going with 22 players. Still think they can sell players as an option. No bids on table. Offer for club would need to be acceptable to Liths as they have the stadium security. Will want to realise value.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: Ukio admins are very professional but they have a duty to their creditors and we need to attract an acceptable offer.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngTB: Players who do stay may be asked to take reduced wages. That's to be finalised.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngTB: I've seen worse, cos I've seen Portsmouth, but the fans are what makes Hearts saveable.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngTB: There are three or four serious and credible bidders. We've not spoken to all of them yet.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: There's a pattern emerging in fan.ownership - Portsmouth, Dundee and possibly Dunfermline next.
Season tickets to get then until start of season
That then means less income at home games no due to less walk ups, no?
3 or 4 serious bidders interested. Think fan buy out can work.
BJ: Ukio admins are very professional but they have a duty to their creditors and we need to attract an acceptable offer.
Now there's the felly. Basically there is no danger anyone will offer an acceptable offer so liquidation will be only real option.
Get out of it?
That gets them through the first three months and surely doesn't include the Administrators fees. What do they do once we get to September? ST money spent and still begiing the fans for money, while being royally humped every game.
Oh aye, it REALLY sounds like getting out of it :greengrin
Their looks said it all when asked if it now looks saveable.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: Meeting football authorities tomorrow.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: We wouldnt have gone down the strategy of selling STs if we didn't think it was a viable plan. We're confident.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: We will not take a fee until CVA agreed. None of the season ticket income will pay BDO.
Jamie Borthwick@jamiekborthwick
http://www.coveritlive.com/templates...itter_bird.pngBJ: We believe UBIG are close to having an administrator appointed, which will be who we negotiate with.
Not taking fee until sale. Usual anyway I think.
BDO don't get paid until the stadium is sold. Go figure.
Hasn't spoken to UBIG. Dealing first with lack of cash.
So bidder will need to meet the security and admin fees and the running costs for the next year.
Good luck with that.
Getting the same feeling as listening to Duff and Phelps. The great administration con trick is on again.
4 players have been made redundant with immediate effect. Two senior players and 2 youth players.