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Thread: We told you so

  1. #151
    First Team Regular jax67's Avatar
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    Quote Originally Posted by EdinMike View Post
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    Remember when they sent out an email enquiring about new transfer targets only a few weeks ago ?

    Let them die.
    The one that stated they had money to spend, so to include players requiring a fee.


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  3. #152
    Quote Originally Posted by Carheenlea View Post
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    Have Hearts at any point accepted the fact that the most prevalent factor in their current predicament has been about 15 months of utterly abject footballing performance that falls way below the standards that Hearts would (quite rightly given their resources) reasonably expect to meet?
    Not once!

  4. #153
    Quote Originally Posted by Peevemor View Post
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    Don't be fooled. Hearts are goosed.

    Months ago budge admitted that they didn't have enough money to see out the season. They would also have budgeted for a top 6 place and the prize and gate money that goes with that.

    Their 12th place left them with an even greater shortfall. To make things worse they released their STs a good bit later than normal and the uptake hasn't been great.

    The decision to go with wage cuts as opposed to deferrals will also be hurting as they'll still be paying more than we do normally.

    They'll have got a wee cash boost from the ST sales that they've managed but they'll be running on empty well before the end of the year. Are their mysterious benefactors going to continue to bail them out? It'll be getting more and more expensive.
    The fact that they had spent £4.6m (around one third) of this financial year's income before the end of last financial year shows they were in poor shape a year ago. Their turnover for this year will almost certainly be down, they didn't appear to cut any costs before the pandemic forced them to and they haven't brought in nearly enough of next year's income (ST sales) to bale them out to any great degree. The only unknown is the generosity of the Bennies which must surely be sorely strained.

    They can hardly be anything but goosed.

  5. #154
    @hibs.net private member Viva_Palmeiras's Avatar
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    The point I’d love the Radio Scotland Intelligencia to answer:

    Through their repeated financial mismanagement, Hearts make a mockery of other clubs making sustainability their top goal. There fore why should they be assisted before/more than others? Discuss.
    "We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
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  6. #155
    Coaching Staff HUTCHYHIBBY's Avatar
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    Quote Originally Posted by G B Young View Post
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    I 100% would have no problem seeing them disappear for good. Selfish maybe but my life would be better without them around. The derby's no big deal IMHO, just a pretty unpleasant excuse for an outpouring of bile and I think Hibs would actually thrive by not having to adopt a different mindset for one fixture.
    For once we agree.

  7. #156
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    Wonder how many of their players are out of contract at the end of June and what difference that would make.

  8. #157
    Quote Originally Posted by PatHead View Post
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    Wonder how many of their players are out of contract at the end of June and what difference that would make.
    Not that many.....

    https://www.transfermarkt.co.uk/hear...id/2019/plus/1

  9. #158
    @hibs.net private member Ozyhibby's Avatar
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    Quote Originally Posted by Barney McGrew View Post
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    I scored out Washington as he has a year left. So 9 wages saved as of next week which is not bad but their squad is still bigger than ours and a lot more expensive even with their relegation clauses.


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  10. #159
    Quote Originally Posted by HUTCHYHIBBY View Post
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    For once we agree.

  11. #160
    First Team Regular eezyrider's Avatar
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    If there are a bunch of clubs that can't afford to play behind closed doors and another bunch that can the league will be reconstructed to accommodate those that can.

    Whether that means hearts are in the Premiership or some kind of modified Championship I don't know, but that is what will happen as it's obviously best for football.

    EZ

  12. #161
    First Team Breakthrough Potty78's Avatar
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    Quote Originally Posted by eezyrider View Post
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    If there are a bunch of clubs that can't afford to play behind closed doors and another bunch that can the league will be reconstructed to accommodate those that can.

    Whether that means hearts are in the Premiership or some kind of modified Championship I don't know, but that is what will happen as it's obviously best for football.

    EZ
    I agree, clubs are going to struggle and I genuinely believe they'll be saved on that basis.

  13. #162
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    Quote Originally Posted by eezyrider View Post
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    If there are a bunch of clubs that can't afford to play behind closed doors and another bunch that can the league will be reconstructed to accommodate those that can.

    Whether that means hearts are in the Premiership or some kind of modified Championship I don't know, but that is what will happen as it's obviously best for football.

    EZ
    You have hit the nail on the head!!!
    But even the clubs that can afford to play behind closed doors may find it unsustainable the longer it goes on.
    I feel football should not start till there is an agreed date for fans returning to stadiums!
    2 months before maybe playing a game a week behind closed doors, but I feel that waiting could be nearer Christmas before we're let into stadia!!!

  14. #163
    ADMIN marinello59's Avatar
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    Quote Originally Posted by eezyrider View Post
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    If there are a bunch of clubs that can't afford to play behind closed doors and another bunch that can the league will be reconstructed to accommodate those that can.

    Whether that means hearts are in the Premiership or some kind of modified Championship I don't know, but that is what will happen as it's obviously best for football.

    EZ
    That’s possible. The lower leagues could possibly be restructured on a geographical basis as well, reducing travel costs might make some closed door games possible.
    Every gimmick hungry yob,
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    He'll die before he's sold.

  15. #164
    @hibs.net private member McD's Avatar
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    Quote Originally Posted by Ozyhibby View Post
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    I scored out Washington as he has a year left. So 9 wages saved as of next week which is not bad but their squad is still bigger than ours and a lot more expensive even with their relegation clauses.


    Sent from my iPhone using Tapatalk

    Pereira and Meshino are loans, and iirc Brandon was highly rated (albeit injury prone) by them so they won't want to let him go if they can re-sign him

  16. #165
    First Team Breakthrough Joe Baker2's Avatar
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    So, a club the size Hearts (the big team) has no financial reserves (after spending £14M on a new vanity stand that still needs finished) and this expenditure was approved by business expert Anne Budge? What happened to the cakes sales and the raffle tickets for Anne's 19 foot yacht? I'll say it again. They'll be bankrupt by Christmas. BTW here's a list of debt they still own from their first bankruptcy...

    Creditors are due a total of £28,424,336 (this is only part of the list - there's a 10,000 character limited on these posts...


    442SportsMarketingLtd £5,153
    A1 Minibus&Coach £100
    ADTFireand Securityplc £1,033
    AyrUnited FC £1,750
    ArnoldClark FinanceLtd £5,764
    AlanDick £50
    Alasdair Fraser £528
    ArdoeHouse Hotel £180
    Allstar Business Solutions £100
    AlexanderSzatamari £9,100
    AB Ukio Bankas £15,488,290
    Baltic Clipper £497
    Bank of Scotland (merchant services) £100
    Bank of Scotland (equipment finance) £970
    BeswickSportsLtd £3,000
    BOC Gases £490
    BritishRed Cross £76
    BritishTelecommunications £3,024
    BT Global Services £67
    BritishGas Business £589
    BigHearts CommunityTust £34,048
    BruceRae Property Management £442
    Business Line JAB(Vilnius) £204,143
    Cable&WirelessCommunication £2,198
    Mr JamesCalder £1,411
    CameronPresentations Ltd £5,406
    CampbellMedical Supplies £100
    JanetteCampbell £100
    CardiacServices £152
    Charlie Irons CoachesLtd £100
    Chamic £100
    Childcare Vouchers Ltd £100
    Il Ciocco (Italy) £11,468
    CitreonUKLtd £5,232
    Clearwater TechnologyLtd £5,156
    Clouds £6,870
    CoerverCoaching Scotland £948
    ConceptGroup Ltd £841
    Copymade Ltd £100
    Corona Energy Retail 2 Ltd £29,720

    The InsolvencyService £0
    DJ Alexander £6,323
    David Cameron (Edinburgh) £110
    Amal Daher £120
    Datatserve UK £160
    DC Lighting Services £651
    DJBFire&SafetyTraining £48
    DuffieldHarrison LLP £1,816
    Daisy Communications £1,474
    Ensco 165 Ltd £509,464
    Eamonn Collins £5,000
    EdinburghChamber of Commerce £674
    EdinburghCouncil (Chesser House) £90,715
    EdinburghCouncil (For Flats) £2,631
    EliteMedicale £229
    Errington Associates £100
    Egidijus Valiauga £860
    Fife ImagingAssociates £900
    FountainCourtApartments £100
    Football Safety Officers Ass. £200
    GF Capital Solutions £307
    John Gibson £2,520
    GlenhamProperty £100
    GraemeRankin Sports Management Ltd £12,000
    GreenStarMedia Ltd £77
    Greentech (Sportsturf) Ltd £1,056
    G4SSecureSolutions (UK) Ltd £12,087
    GroupCall Limited £210
    HMRevenue&Customs-VAT £0
    HMRevenue&Customs £1,881,065
    Hamilton&Brydie £144
    Hectic Life £62
    HBJGateley Wareing £100
    Heriot Watt Sports Village Ltd £145,663
    HighlanderKilt Hire Ltd £430
    Hitachi Capital (MI Finance) £7
    Holiday Inn AberdeenWest £55
    HomespringLtd £499
    Sven Houston £40
    Heart ofMidlothianShareholderAssoc. £5,000

    ImpactSigns £6,469
    InterluxLtd £254
    InterfaceEnvironment £100
    JamesArmstrong&CoLtd £1,500
    JohnstonCarmichael £100
    Jane Lofthouse Johnston £410
    JamesSandison £650
    JThomson Colour Printers £100
    Kauno Futbolo £13,431
    KeySportsManagement Ltd £23,049
    Korelita £52,610
    KPMGTanacsadoKft. £1,190
    LadyHaig’s PoppyFactory £185
    Lietuvos Rytas £37
    LivingstonFootball Club £282
    Liverpool Football Club £46,625
    LloydsTSB (Equiniti) £17,165
    LexAutoleaseLtd £1,159
    LochgreenHouse Hotel £510
    Lyco Direct Limited £1,822
    Milson Capital Corp £1,223,989
    Ian Maclennan £335
    McCrae’s BattalionTrust £100
    Dr Carrie McCrea £760
    Tony McGill £19,625
    Dr ScottMcKie £700
    McRaeofGorgie £560
    Meriden Hospital £790
    Dr AndrewMurray £250
    Musselburgh AthleticFC £5,790
    Michael Page International £100
    NHSLothian £75.70
    NHSFife £739
    NorthLanarkshireCouncil £100
    NorthgateVehicle Hire Ltd £1,661
    Norwood Hall Hotel £100
    NuffieldHealth £4,645
    OGLawFirmLtd £5,000
    Orange £5,896
    PHSGroup plc £1,100

  17. #166
    Coaching Staff jacomo's Avatar
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    Quote Originally Posted by Caversham Green View Post
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    The fact that they had spent £4.6m (around one third) of this financial year's income before the end of last financial year shows they were in poor shape a year ago. Their turnover for this year will almost certainly be down, they didn't appear to cut any costs before the pandemic forced them to and they haven't brought in nearly enough of next year's income (ST sales) to bale them out to any great degree. The only unknown is the generosity of the Bennies which must surely be sorely strained.

    They can hardly be anything but goosed.

    There’s two things here though:

    1. Are Hearts a well run club? Nope
    2. Can Hearts access other sources of funding to cover their deficiencies? Emphatically yes.

    They are a basket case, but a basket case with access to lots of cash from other sources. They will be fine, as they say so themselves.

  18. #167
    @hibs.net private member Iggy Pope's Avatar
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    Quote Originally Posted by jacomo View Post
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    There’s two things here though:

    1. Are Hearts a well run club? Nope
    2. Can Hearts access other sources of funding to cover their deficiencies? Emphatically yes.

    They are a basket case, but a basket case with access to lots of cash from other sources. They will be fine, as they say so themselves.
    You’re becoming a bit like the last bouncer at chucking out time.

  19. #168
    Ginger goal machine nonshinyfinish's Avatar
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    Quote Originally Posted by Joe Baker2 View Post
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    The InsolvencyService £0
    £0?

    Maybe if they'd spent more on insolvency services this whole mess could have been avoided.
    Logan, McGregor, Hanlon (Gunnarsson 83), Fontaine (Henderson 70), Gray, Fyvie, McGeouch, McGinn, Stevenson, Stokes, Cummings (Keatings 65)

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