Share Transfers Agreed/Cooling off period

[JimBHibees]

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Anyone know if the BDO media conference at 5pm can be listened to on tinternet??

Is it on Radio Scotland?

http://sport.stv.tv/football/clubs/h...of-midlothian/

Live blog from a guy at meeting.

[stokesmessiah]

This is the best Summer ever...FACT !

It was so fun last year watching Sevco but this just takes the biscuit.

[Andy74]

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It looks like Brian Jackson is only doing what Hearts had to do months ago to survive, cutting everything back to the barest essentials you need to run a football club, and hoping to get some leeway in keeping the club going in the process.

I reckon it's just buying some time to see what the extent of the mess is, and that a CVA won't be viable, and the club will be liquidated before the start of the season.

Just a guess on my part.

Still having 90 non playing staff is on the excessive side though isn't it?

[Liberal Hibby]

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From Hearts website, their first team squad for next season has 20 players -

Billy King (F)

Won't he be off to Ibrox as soon as their embargo is lifted?

[Gus Fring]

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Still having 90 non playing staff is on the excessive side though isn't it?

A few have chosen to work for free I'm told, the reasoning being if the club survives they'll get their old job back. If it doesn't, they're jobless anyway.

[Gus Fring]

Live video from the press conference

http://www.bbc.co.uk/sport/0/scotland/17326337

[Thecat23]

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A few have chosen to work for free I'm told, the reasoning being if the club survives they'll get their old job back. If it doesn't, they're jobless anyway.

Fair play, these folk who lose their jobs over that clown who was in charge is a shame. I know a girl who works in the ticket office. Hope she gets something soon or back with them if they do get new buyers. It's all banter but I don't really find anything funny about folk losing jobs. Seen the stress it causes and it's hard.

[YehButNoBut]

Jamie Borthwick@jamiekborthwick
BDO calls on fans to buy 3000 season tickets in next two weeks to pay wages and attract buyers.


Jamie Borthwick@jamiekborthwick
BJ: have inherited a bleak situation in there is no cash and no income.

[Sergio sledge]

2 youth and 2 senior players to be made redundant.

[Gus Fring]

9 Full Time and 4 Part Time staff let go

2 Senior and 2 Youth players also likely to go

3000 season ticket sales needed

[Kato]

Sitting on the 22 bus now and there's a (badly dressed(poor shades)) geezer discussing the lack of FOH's ability to collect pledges from overseas. He sounds very officious and looks like he's written a decent agenda or two in his time. Sounds like they want to start bringing in money now. If this is the calibre of FOH, they're f'd.

[Andy74]

2 senior and 2 youth to go.

[Andy74]

3000 seasons would keep doors open for 3 months.

[YehButNoBut]

Jamie Borthwick@jamiekborthwick
Nine full team staff, five part time made redundant. Two first team players and two youths redundant.


Jamie Borthwick@jamiekborthwick
Players who have left not named yet.


Jamie Borthwick@jamiekborthwick
BJ: If we hit that 3000 marker then we can keep the rest of the squad intact and no fire sale of players.

[Andy74]

Alternative is sell as many players as they can.

[YehButNoBut]

Jamie Borthwick@jamiekborthwick
BJ: We make the plea to the fans even though they have already given and given. We do not do it lightly.

Jamie Borthwick@jamiekborthwick
BJ: if somebody came along with a high price we'll sell, but we don't want to have to accept derisory offers.

Jamie Borthwick@jamiekborthwick
BJ: This is as desperate as I've ever seen. It doesn't get much worse. But there's a huge fanbase to tap into.

[Andy74]

Gave impression the sale of tickets would only allow tickets to honoured for that 3 month period. Didn't say they would be honoured for whole season.

[Spike Mandela]

Cannae be that bleak. Hardly swingeing cuts. Most lubs will release that amount of players or more on a yearly basis.

[Baw187]

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Alternative is sell as many players as they can.

Blackmailed again. Cue the valiant run to the ticket office.

[Andy74]

No offers on table to buy club.

[Gus Fring]

BDO Clarify again there are no bids on the table

[Andy74]

Clear this is just to get money to last 3 months. Reliant then on getting buyer.

[Conrad Gray]

"A desperate situation"

"No cash in the bank"

"The fans have already been milked"

[YehButNoBut]

Jamie Borthwick@jamiekborthwick
BJ: to carry on for next three months need between £500k and £750k. 3000 STs would raise £800k.

Jamie Borthwick@jamiekborthwick
TB: This isn't as complex as Portsmouth but at least there was money in the bank.

Jamie Borthwick@jamiekborthwick
BJ: We can't promise when anyone will be paid. Hopefully they will keep supporting us while we get money in.

Jamie Borthwick@jamiekborthwick
BJ: We are trying to remain competitive. Our aim is slightly above just surviving.

[Sergio sledge]

"literally no cash in the bank"

"between £500,000 and £750,000 needed to go to the start of the season"

[Kato]

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BDO Clarify again there are no bids on the table

#allisbarry

[Andy74]

Staff not being paid and won't be paid in foreseeable future.

[adhibs]

Glad im no a jambo, sounds grim haha

[Andy74]

Going with 22 players total.

[Spike Mandela]

Actually sounds like the same old bull**** as the Liths to be honest.