Share Transfers Agreed/Cooling off period

[PatHead]

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So, next Fridays wages, will come from _ _ _ _ ?????

David Southern said last week they couldn't afford this months wages and would be releasing season tickets very early. If that is the case the SPL must take severe action as Hearts have clearly been taking the piss by signing players.

[HIBERNIAN-0762]

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David Southern said last week they couldn't afford this months wages and would be releasing season tickets very early. If that is the case the SPL must take severe action as Hearts have clearly been taking the piss by signing players.

They won't bat an eyelid to this rest assured, they know the pathetic and weak SPL are too busy crossing swords with der hun to bother about this latest sordid episode of non payment of players (if true)

Arrogance is their middle name.

[jonty]

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David Southern said last week they couldn't afford this months wages and would be releasing season tickets very early. If that is the case the SPL must take severe action as Hearts have clearly been taking the piss by signing players.

Ironically the only players that will be paid on time will the new loanees, if as reported, they're being paid in full by their parent clubs.

[HoboHarry]

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David Southern said last week they couldn't afford this months wages and would be releasing season tickets very early. If that is the case the SPL must take severe action as Hearts have clearly been taking the piss by signing players.

I missed that, is there a link to that statement?

[bingo70]

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David Southern said last week they couldn't afford this months wages and would be releasing season tickets very early. If that is the case the SPL must take severe action as Hearts have clearly been taking the piss by signing players.

Who's he?

[Aldo]

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Who's he?

Is he no the Chief Executive or something. Holy ***** if this is true and they cannae afford wages then further punishment beckons.

I will however believe it when I see it.

O and FTY's

[#FromTheCapital]

Hearts announced on their website during the week to their 400,000 fans that if they buy a ticket for next weekends game against killie then they are guaranteed a ticket for the wee cup final. If they are struggling to pay this months wages then that offer starts to make a lot of sense

[Jack Hackett]

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Hearts announced on their website during the week to their 400,000 fans that if they buy a ticket for next weekends game against killie then they are guaranteed a ticket for the wee cup final. If they are struggling to pay this months wages then that offer starts to make a lot of sense

As they will probably sell their allocation, this is indeed a desperate bid to get bums on seats and money in the till for a game that would probably only have had about 11k.

They're not missing a trick

[AlbertK86]

Heard from a Jambo usually in the know that they are paying £3k a week to Liverpool for Danny Wilson .... So much for them being skint

Wouldnae be surprised if they default on paying them and he gets hauled back .... Here's hopin

[blackpoolhibs]

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Heard from a Jambo usually in the know that they are paying £3k a week to Liverpool for Danny Wilson .... So much for them being skint

Wouldnae be surprised if they default on paying them and he gets hauled back .... Here's hopin

I don't think that can be right, they were supposed to replace those they released with players on a smaller wage? Saying that, its not the first time they have broken the rules if they are doing this?

[AlbertK86]

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I don't think that can be right, they were supposed to replace those they released with players on a smaller wage? Saying that, its not the first time they have broken the rules if they are doing this?

That was my reaction until he told me McGowan was on that

[SHODAN]

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Heard from a Jambo usually in the know that they are paying £3k a week to Liverpool for Danny Wilson .... So much for them being skint

Wouldnae be surprised if they default on paying them and he gets hauled back .... Here's hopin

Called it.

Cheating the SPL and the taxpayer yet again. They have zero morals.

What's worse, the authorities in this country just lie back and take it.

[Col2]

A wee timely point deduction of say 6 points would almost guarantee a bottom six position and possibly bottom two!

[Aldo]

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A wee timely point deduction of say 6 points would almost guarantee a bottom six position and possibly bottom two!

The problem is that it should be more than 6 IMHO.

As for the wages part. Who audits what they are paying?? Vlad tells Regan and Doncaster that they are only paying the boy 1,500 and the question is... Would they believe it??

[Chibs]

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The problem is that it should be more than 6 IMHO.

As for the wages part. Who audits what they are paying?? Vlad tells Regan and Doncaster that they are only paying the boy 1,500 and the question is... Would they believe it??

I woulldn't believe a word that mad ******* says.
Anyhoo onwards and downwards for the **** of the earth.

[The Green Goblin]

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The problem is that it should be more than 6 IMHO.

As for the wages part. Who audits what they are paying?? Vlad tells Regan and Doncaster that they are only paying the boy 1,500 and the question is... Would they believe it??

Wasnt there some shenanigans about part wages being paid from lithuania at one point? Maybe they only show the scottish wage slip, which amounts to "less" than the amount they are allowed?

[ScottB]

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Wasnt there some shenanigans about part wages being paid from lithuania at one point? Maybe they only show the scottish wage slip, which amounts to "less" than the amount they are allowed?

I'd suspect in this case that'd be harder to pull off with the loan being from Liverpool rather than from Kaunas.

If they are paying thousands to these two loan players, even if it is less than who they replaced, then they have to be hammered should they fail to pay wages again. They had their chance to shed top earners and bring in some genuinely cheap replacements and they willingly chose not to bother.

[Springbank]

Perhaps the biggest news from tannadice yesterday was their one remaining saleable asset (zakiuakas) injured himself whilst falling onto a Dundee utd player.

Word had it that hearts were 100% reliant on getting a fee for him (from Swiss club young boys) to make it to June.

Looks like no transfer, no fee, and an injured overpaid sportsman to keep paying til summertime.

n0 7uck jambos

[#FromTheCapital]

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Perhaps the biggest news from tannadice yesterday was their one remaining saleable asset (zakiuakas) injured himself whilst falling onto a Dundee utd player.

Word had it that hearts were 100% reliant on getting a fee for him (from Swiss club young boys) to make it to June.

Looks like no transfer, no fee, and an injured overpaid sportsman to keep paying til summertime.

n0 7uck jambos

Is there any indication of how long he'l be out for?

[Jack Hackett]

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Is there any indication of how long he'l be out for?

I've heard he'll be fit for the wee cup final.

[blackpoolhibs]

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I've heard he'll be fit for the wee cup final.

Fit but suspended.

[PatHead]

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I missed that, is there a link to that statement?

I was having a troll of kickback a couple of weeks ago. A guy had reported on a meeting with Southern and Hearts supporters. The following was added

"Some things not covered I think.

Under 18 concessions next season
No Dynamic pricing and prices with some minor exceptions back to 2011/2012 levels.
There will be pricing periods to encourage early purchase as pre 2012/2013
They will consider Cat B season ticket packages but no certainty.

It seems clear that the club has to meet all its current and upcoming costs costs from new revenue and no money will be coming from VR and the monies raised via the share issue etc is already spoken for or spent. Paying the February wages would seem to be a serious challenge and unless tehre is a player sale we may defualt again and face further sanctions. Interestingly Southern said Hearts had no complaints about how they were being dealt with which was entirely in line with the rules. There was even some criticism of the award of inflated player contracts which is really a criticism of VR and I dont think would have happened a few months ago. So maybe it is rally the end game for VR."


A couple of other posters commented on it but no-one contradicted the comments. Sorry about the spelling but I am quoting a Jambo.

[Sergey]

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I was having a troll of kickback a couple of weeks ago. A guy had reported on a meeting with Southern and Hearts supporters. The following was added

"Some things not covered I think.

Under 18 concessions next season
No Dynamic pricing and prices with some minor exceptions back to 2011/2012 levels.
There will be pricing periods to encourage early purchase as pre 2012/2013
They will consider Cat B season ticket packages but no certainty.

It seems clear that the club has to meet all its current and upcoming costs costs from new revenue and no money will be coming from VR and the monies raised via the share issue etc is already spoken for or spent. Paying the February wages would seem to be a serious challenge and unless tehre is a player sale we may defualt again and face further sanctions. Interestingly Southern said Hearts had no complaints about how they were being dealt with which was entirely in line with the rules. There was even some criticism of the award of inflated player contracts which is really a criticism of VR and I dont think would have happened a few months ago. So maybe it is rally the end game for VR."


A couple of other posters commented on it but no-one contradicted the comments. Sorry about the spelling but I am quoting a Jambo.

This has probably been alluded to earlier in this thread, but what further sanctions are there? There's little point in another transfer embargo as the window is closed; a fine is pointless, so surely there is every chance of a points deduction.

Also, given that the wages are wired from Lithuania, what would happen if Ukio and/or UBIG were to go skint this week? There would be no monies forthcoming for the foreseeable, if ever again.

Never before has been more apt to describe the actions of the yam faithful.

[bingo70]

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This has probably been alluded to earlier in this thread, but what further sanctions are there? There's little point in another transfer embargo as the window is closed; a fine is pointless, so surely there is every chance of a points deduction.

Also, given that the wages are wired from Lithuania, what would happen if Ukio and/or UBIG were to go skint this week? There would be no monies forthcoming for the foreseeable, if ever again.

Never before has been more apt to describe the actions of the yam faithful.

Imo there won't be a points deduction, the next step should imo be that they're not allowed to play any player that isn't paid up to date.

[PatHead]

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Imo there won't be a points deduction, the next step should imo be that they're not allowed to play any player that isn't paid up to date.

That would be fair but what is the definition of up to date? Does that include bonuses and match fees or is it just basic salaries? I know we all have a go at the SPL but it could be really difficult if Hearts only paid the first team and left all the admin, shop and casual staff as well as suppliers unpaid to ensure Zaluskas on his £9k a week could play. Bit like how it backfired on taxes when they just stopped the council tax payments to meet them.

Points deduction would be the fairest with a point deducted for every day all wages remain unpaid.

[The Green Goblin]

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Imo there won't be a points deduction, the next step should imo be that they're not allowed to play any player that isn't paid up to date.

A sanction which should automatically be in place for all teams anyway imho.

[ScottB]

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Imo there won't be a points deduction, the next step should imo be that they're not allowed to play any player that isn't paid up to date.

While this should definitely be a set rule, it might be a bit dodgy to add it in after a club has already defaulted, in that it would encourage them to pay some of the players and the others. I doubt the SPFA would stand by and watch that.

Points deductions are the way to go, but I would have a rule in place starting next season that states only players that have their payments up to date can be picked.

[Sergey]

I also think that the SPL or whoever it is that's dolling-out the punishments should have put a suspended sentence in place so that the yams (or whoever else) know exactly what faces them should they once again default. Just saying that further sanctions will be put in place leaves everyone in the dark.

FFS - by the yams own admission they've stated that they don't have the cash to see them to the seasons end - they are behind with rent, tax and probably PAYE and god knows what else.

One other thing - if UBIG/Ukio do go under this week, would the yams automatically enter administration?

[HoboHarry]

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I also think that the SPL or whoever it is that's dolling-out the punishments should have put a suspended sentence in place so that the yams (or whoever else) know exactly what faces them should they once again default. Just saying that further sanctions will be put in place leaves everyone in the dark.

FFS - by the yams own admission they've stated that they don't have the cash to see them to the seasons end - they are behind with rent, tax and probably PAYE and god knows what else.

One other thing - if UBIG/Ukio do go under this week, would the yams automatically enter administration?

Why are the banks in danger of going under this week in particular? The stocks have been down for quite a while, I know that, but why do you mention this coming week?

[Ozyhibby]

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I also think that the SPL or whoever it is that's dolling-out the punishments should have put a suspended sentence in place so that the yams (or whoever else) know exactly what faces them should they once again default. Just saying that further sanctions will be put in place leaves everyone in the dark.

FFS - by the yams own admission they've stated that they don't have the cash to see them to the seasons end - they are behind with rent, tax and probably PAYE and god knows what else.

One other thing - if UBIG/Ukio do go under this week, would the yams automatically enter administration?

If ukio/ubig are being wound up then whoever is doing the winding up will be running Hearts. They will quickly see that there is no chance of paying off the loan and will make a decision on whether to try sell the whole club or break it up and sell it. Starting price for someone wishing to buy the club would be about £7m, which is roughly the value of the land. An extra 50p should cover the value of the brand.