Hearts players pay suspended

[O'Rourke3]

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Hearts release another statement denying the media reports.

Where are they now in the statement league?

Betweem them and the RAngers for the title. The Rangers are appealling to keep the season going as losing two at the same go is simply embarrassing.

[Hibs4185]

Hearts release another statement to clarify their position. Basically saying the news is fake news but their statement confirms they are paying staff in full for March but they reserve the right to invoke article 12 to safeguard the club.

A statement to clarify the situation but basically confirms the situation.

Budge has completely lost the plot. I think she knows she’s at the helm of a sinking ship

[Centre Hawf]

"We haven't made any threats to suspend peoples wages. But we do reserve the right to suspend peoples wages."


Yup. Very good PR work that.

[Bishop Hibee]

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Hearts release another statement to clarify their position. Basically saying the news is fake news but their statement confirms they are paying staff in full for March but they reserve the right to invoke article 12 to safeguard the club.

A statement to clarify the situation but basically confirms the situation.

Budge has completely lost the plot. I think she knows she’s at the helm of a sinking ship

The fake news that isn’t fake news at all then. They really are despicable. History tells us they’ll try to beg, steal and cheat their way out of this. Let’s hope it doesn’t work this time.

[FilipinoHibs]

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She would probably be okay, its the FOH subscribers that would lose out! So a win win!

Voluntary admin would protect her. Watch this space...

[BILLYHIBS]

I keep thinking about 1990 and Wallet Mercenary

I hope the good ship Budgie goes down with all hands

He who laughs last laughs laughs laughs

[FilipinoHibs]

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Depends how much of the mysterious benefactors funds are tied to the stock market and/or how much they are currently financially bleeding given the effective shutdown of parts of the economy, given the 30% losses in the stock market they might think 3 or 4 times before throwing it down the drain at Tynecastle.

And who that mysterious person is!

[FilipinoHibs]

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Cala were willing to pay £21 million a few years ago when the pieman was in charge. They maybe told the Lithuanian administrators that it was worthless but that’s not the case.

Yes think the Lithuanians were told it would be very difficult to get planning permission. The Edinburgh establishment would close ranks

[Eyrie]

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"We haven't made any threats to suspend peoples wages. But we do reserve the right to suspend peoples wages."


Yup. Very good PR work that.

That reads like a threat in itself.

[Frankhfc]

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"We haven't made any threats to suspend peoples wages. But we do reserve the right to suspend peoples wages."


Yup. Very good PR work that.

The PFA response - ''We haven't called for players to boycott Hearts yet or that we'll be taking legal action, however, we do reserve the right to do so''.

Appears as if Hearts had to backtrack after the PFA intervened.

Good on the PFA. They can't allow the players to be forced into draconian pay cuts or terminated contracts.

Despicable from Hearts. Very shabby and underhand.

[SON OF PADDY]

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The big cow must be full by now........

That's obviously why Levein was made to stay?

[JohnM1875]

She really is a horrible horrible person.

[The 90+2]

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Sorry, I should have said it was hibsfan I was quoting.

Nae bother mate 💚

[The 90+2]

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She really is a horrible horrible person.

She’s just let hearts get into her core. The same thing Mercer Robinson Levein Locke Foulkes Colquhoun would all do come the crunch. Robbo is the exception he would probably eventually be the same but you could at least tell he would be guilty as fk. The rest are shameless ****ers. Thank **** I don’t twirl that pink scarf.

[Haymaker]

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The PFA response - ''We haven't called for players to boycott Hearts yet or that we'll be taking legal action, however, we do reserve the right to do so''.

Appears as if Hearts had to backtrack after the PFA intervened.

Good on the PFA. They can't allow the players to be forced into draconian pay cuts or terminated contracts.

Despicable from Hearts. Very shabby and underhand.

The thing is, if they had just gone to the players quietly and openly they might have gotten results. Now they're ****ed.

[jacomo]

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They’re only missing around 5 home games that are mostly attended by season ticket holders and then there’s a natural summer break. I can see a problem if they get no more ST money in and next season doesn’t start but they surely should be able to weather the remaining missing 8 games. They must be in real smelly brown stuff.

Budge admitted they needed the income from the semi final to see them through. Hence the totally warranted criticism - they are in deep poo.

[Not In The Know]

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I for one don't take satisfaction in any small business struggling right now.

😂😂😂😂

[Kato]

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Where's the mystery benefactors when you need them?.

Staying mysterious so far.

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[FilipinoHibs]

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Staying mysterious so far.

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They were not there when Hearts went into admin. They are not there when they are about to go into admin again. Budge was there both times. Throwing this over to inspector Cluedo to solve.

[Real Emerald]

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She really is a horrible horrible person.

To be honest I don’t think she is a horrible person but I think the poo is hitting the fan and she’s in full panic mode. I think she’s probably weighing up pissing off 40+ employees or being hung drawn and quartered by their 500,000 😂 fans when Hearts go bust on her watch. She’s bricking it! I feel sorry for the families caught up in loosing their income at the club but not on the plight of their over indulgence yet again.

[JOD]

Where's the pieman when they need him?

Is he still aboot BTW?

[cocteautwin]

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They were not there when Hearts went into admin. They are not there when they are about to go into admin again. Budge was there both times. Throwing this over to inspector Cluedo to solve.

I wonder if the Scottish Forbes rich list are showing her fortune to be £15m less than when she took over this sh ! t show? Her Brother is probably wealthier than her now.

Wouldn’t it be funny if it was JB Contracts that forced HMFC in to Admin for non payment of debts!

[jax67]

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From the sun:

ANN BUDGE has warned Hearts players to take 50 per cent wage cuts by next week or she will SUSPEND their salaries.
The Tynecastle chairman sent an email to first-team stars telling them of her plan to invoke controversial clause 12 - just hours after SPFL lawyer Rod McKenzie told all clubs his judgement was they CAN use it if players refuse to drop their wages.
And now stars at other clubs are terrified their bosses will follow suit.
SunSport revealed last week how a little-known section of a standard, off-the-shelf SPFL deal makes provision for chairmen to halt agreements if the SFA suspend football.
McKenzie is clear that now that has happened, clubs have the contracts weighted in their favour and can suspend them if they need to.
And Hearts immediately jumped on his advice in a bid to force wavering players into accepting cuts.
In an email sent today, Budge said: “This suspension by the SFA automatically suspends the agreement between you and the club governing your employment as a player.
“The precise effects of the suspension of the agreement are an extremely complex matter which the club is considering carefully.
“In the meantime, the club has decided that up until 31 March 2020 it will continue to pay your remuneration under the agreement.
"However, any continued payments of remuneration will be paid under the express condition that this is without prejudice to the question of whether you are entitled to receive them under the agreement following its suspension.
“It may be that, as we have discussed previously, the continued payments mentioned above will need to be adjusted.
“We reserve the right to make those adjustments if and when it becomes clear that this is necessary for the future sustainability of the club.
“If you do not agree with the express condition mentioned above, then by Wednesday 1 April 2020 at the latest you should (1) inform the club in writing that you do not agree and (2) instruct your bank to return any payments received after 1 April 2020 from or on behalf of the club.
“If we do not hear from you by 5pm on April 1 2020, we will take it that you do agree with our express condition.”
PFA Scotland were contacted by concerned players when Hearts first asked players to take cuts and they looked at their own contracts.
They have a QC looking at clause 12 and have vowed to fight it in the courts.
And in a statement they urged clubs to avoid slashing wages before holding proper negotiation.
They said: "The union is firm in its position that clubs and players can more effectively face the challenges ahead by working together and ensuring that decisions are reached by agreement only.
"The union will assist in negotiating agreements between clubs and players.
"Clubs must not and should not be unilaterally imposing contractual changes such as wage cuts.
"Further, the pandemic cannot and should not be used as a reason for terminating contracts - time consuming and costly litigation in the civil courts and disputes before the League will not be in anyone’s interests at this difficult time.
"The union believes that the welfare of clubs, players and Scottish football is best served by all interested stakeholders coming together now to work through the formidable challenges presented by these extraordinary testing times."

All this and they're still letting
agents know they have money available
to buy players for next seasons campaign.
Not right!

[CA Hibby]

Budge might deny, but somebody leaked this, shows the players are right behind the club

[FilipinoHibs]

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I wonder if the Scottish Forbes rich list are showing her fortune to be £15m less than when she took over this sh ! t show? Her Brother is probably wealthier than her now. Wouldn’t it be funny if it was JB Contracts that forced HMFC in to Admin for non payment of debts!

Last time I looked it was approximately what she got for the IT company minus the mysterious donations.

She sold the company for £70 million having previously bought her partner, Ms Newell, out, in 2001. She owned 60% of tge share capital so she received £40 million. She has spenr £2.4 million on the initial take over, given a further £1.9 million loan and there are £ 11 million in mysterious donations. This leaves her with approximately £24.7 million. Forbes has her net wealth as £16 million in 2019. She could quite easily have spent £8 million on houses, yachts, gifts to family.

What I thinks is suspicious is that Hearts go into admin and there are no mysterious donations. Hearts are in trouble again and there are no mysterious donations. But Budge is there. They need money for a Budge vanity project and players to keep the club an attractive project and the mysterious donations appear.
Could be wrong and happy to proved so with some evidence and a logical argument.

https://www.independent.co.uk/news/b...ny-494197.html

[Waxy]

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Cala were willing to pay £21 million a few years ago when the pieman was in charge. They maybe told the Lithuanian administrators that it was worthless but that’s not the case.

The liquidators wanted to sell tynecastle to claw back alot of their cash.
Hearts and the establishment did everything they could to devalue the land to basically worthless.

[JimBHibees]

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"We haven't made any threats to suspend peoples wages. But we do reserve the right to suspend peoples wages."


Yup. Very good PR work that.

Looks like comical Ali is back, what a laughable statement.

Basically we haven't threatenened to do it but just have done now.

[lucky]

It amazes me she was ever successful in business. Her man management skills appear to be zero and the way she handles contract negotiations are startling. Under her leadership the club have wasted millions including £10m from fans. If and when they go down Hearts fans should run her out of the city. On the other hand maybe she’s so clever that she runs them into administration again, buys the club herself for a pound, pays 1p in the pound to the debtors and remains Queen Ann.

[Ozyhibby]

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It amazes me she was ever successful in business. Her man management skills appear to be zero and the way she handles contract negotiations are startling. Under her leadership the club have wasted millions including £10m from fans. If and when they go down Hearts fans should run her out of the city. On the other hand maybe she’s so clever that she runs them into administration again, buys the club herself for a pound, pays 1p in the pound to the debtors and remains Queen Ann.

Was she amazing at business though at just got into IT at a time when it exploded? A rising tide lifts all boats.


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[lucky]

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Was she amazing at business though at just got into IT at a time when it exploded? A rising tide lifts all boats.


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I think it’s reasonable to say she was successful as the business was sold for £70m.