The generic Hearts thread

[Ozyhibby]

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I work for a Bank that has been involved with most of Scotland's football clubs and there is zero appetite to lend to professional sports clubs regardless of their solvency history.

Quite right too because you can’t collect on the securities they offer and the minute they default clubs mount a publicity campaign against the bank.
BoS also worked with Murray to disadvantage other clubs while giving favourable treatment to old Rangers. It all came out when Lloyd’s took they pulled right back from Scottish football altogether. Celtic had moved away from BoS when Fergus McCann took over because he realised pretty quickly they were working to Rangers advantage. At the time the whole premier league were with BoS.


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[Iggy Pope]

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My mates the Casuals manager (and my other mates the keeper!) Very decent standard and decent support. And amateur as well.

Invited to Brazil to play last year?

[jacomo]

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I think the idea only came about because of their solo pizza Clapper.

Everyone is always following their examples don't you know.

Hearts won WWI and now they’ve saved the NHS.

I think we just have to accept they are superior on every way.

[tanfield]

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Quite right too because you can’t collect on the securities they offer and the minute they default clubs mount a publicity campaign against the bank.
BoS also worked with Murray to disadvantage other clubs while giving favourable treatment to old Rangers. It all came out when Lloyd’s took they pulled right back from Scottish football altogether. Celtic had moved away from BoS when Fergus McCann took over because he realised pretty quickly they were working to Rangers advantage. At the time the whole premier league were with BoS.


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To be fair, I think when Lloyds came in and looked at the Bank's books their first question would have been WTF?!?

[jacomo]

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To be fair, I think when Lloyds came in and looked at the Bank's books their first question would have been WTF?!?

Yes and the atmosphere at the time was supportive of cutting loose junk assets or bad loans.

It’s true that banks want well out of football these days. Even the EPL borrows from other forms of finance.

[Haymaker]

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Invited to Brazil to play last year?

Danny the keeper did, he's on the documentary. Was in 2015 though I think, they went to Hungary to play an amateur tournament last summer.

[G B Young]

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More and more like Trump - implying that everyone else is fake news, and only trust our communications...

"please use our website and our social media channels as your source for accurate information"

Been out of the loop most of today attending to things that matter a great deal more in these extraordinary times, but it's perversely reassuring in some ways to see that, no matter what the world is hit with, some things remain guaranteed - like an interminable Ann Budge statement every time a few big bad journalists dare to question her (mis)management of Hearts. They've started to out-Sevco Sevco when it comes to this sort of guff.

How about just getting the head down like the vast majority of clubs - and indeed the vast majority of businesses across the nation - who are doing their best to navigate their way through unprecedented times and not bleating their woes to anyone who will listen? Aside from her lapdogs at the Evening News (and probably the likes of Tom English), who have happily bought into her attempt to spin this as Hearts leading the football world when it comes to business acumen, she's been called out by those who feel there are justifiable criticisms to be made and she can't handle it.

I'd all but lost interest in what eventually happens to this football season and was coming round to the view that it should simply be voided. But reading that self-congratulatory claptrap makes me really hope it gets ended as things stand and the yams are relegated.

[munchar]

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"please use our website and our social media channels as your source for accurate information"

Been out of the loop most of today attending to things that matter a great deal more in these extraordinary times, but it's perversely reassuring in some ways to see that, no matter what the world is hit with, some things remain guaranteed - like an interminable Ann Budge statement every time a few big bad journalists dare to question her (mis)management of Hearts. They've started to out-Sevco Sevco when it comes to this sort of guff.

How about just getting the head down like the vast majority of clubs - and indeed the vast majority of businesses across the nation - who are doing their best to navigate their way through unprecedented times and not bleating their woes to anyone who will listen? Aside from her lapdogs at the Evening News (and probably the likes of Tom English), who have happily bought into her attempt to spin this as Hearts leading the football world when it comes to business acumen, she's been called out by those who feel there are justifiable criticisms to be made and she can't handle it.

I'd all but lost interest in what eventually happens to this football season and was coming round to the view that it should simply be voided. But reading that self-congratulatory claptrap makes me really hope it gets ended as things stand and the yams are relegated.

👏 confirm placings, pay 💰 clubs for finishing positions, then we can start slowly shaping our squad for next season.

[jacomo]

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"please use our website and our social media channels as your source for accurate information"

Been out of the loop most of today attending to things that matter a great deal more in these extraordinary times, but it's perversely reassuring in some ways to see that, no matter what the world is hit with, some things remain guaranteed - like an interminable Ann Budge statement every time a few big bad journalists dare to question her (mis)management of Hearts. They've started to out-Sevco Sevco when it comes to this sort of guff.

How about just getting the head down like the vast majority of clubs - and indeed the vast majority of businesses across the nation - who are doing their best to navigate their way through unprecedented times and not bleating their woes to anyone who will listen? Aside from her lapdogs at the Evening News (and probably the likes of Tom English), who have happily bought into her attempt to spin this as Hearts leading the football world when it comes to business acumen, she's been called out by those who feel there are justifiable criticisms to be made and she can't handle it.

I'd all but lost interest in what eventually happens to this football season and was coming round to the view that it should simply be voided. But reading that self-congratulatory claptrap makes me really hope it gets ended as things stand and the yams are relegated.

Well said. The world is concerned with much more serious matters than some poxy maroon football club who feel so affronted at their own insignificance.

Pathetic bleating from a woman who got lucky in the lottery of life and should be counting her blessings.

[Ozyhibby]

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confirm placings, pay clubs for finishing positions, then we can start slowly shaping our squad for next season.

I think all new signings will come very late in the day this year for all clubs. Nobody will want to add to their wage bill until they are absolutely sure games are going to start again.


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[munchar]

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I think all new signings will come very late in the day this year for all clubs. Nobody will want to add to their wage bill until they are absolutely sure games are going to start again.


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But they can decide whether they want to make Liam signings permanent or send them back. (Docherty/Kamberi/McNulty/Omeonga)

[Deansy]

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”We have always lived within our means and have never spent what we did not have.”

Aye,right!!!

Gotta be honest, when I read that line, an image of Budge - pacing backwards and forwards in her office as she dictated this clap-trap to her secretary - sprang to mind -


"Right, I know those Hibee *******s will also read this so I need a line that they'll notice, one that'll definitely have them wiping their morning coffee/tea off their monitors ....... got it, this one will hit them square in the plums !!"



I could be wrong but I genuinely don't think they've played 'within-their-means' once since 1981-82 - not one single season !

[cocteautwin]

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”We have always lived within our means and have never spent what we did not have.”

Aye,right!!!

That statement is sort of true though. It just so happens that their "means" included £10m from FoH, £5m from Budge, at least £9m from anonymous donor, an extra £2m from an anonymous person for sponsorship and then probably another £4-5m for the current season where they spent the season ticket money in advance and needed further bail out from the donor (or Budge).

Add that lot up and it comes to c£30m.

Should have kept a million back for a rainy day. Clowns.

[Phil MaGlass]

They will be saved by league reconstruction......

[James Stephen]

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But they can decide whether they want to make Liam signings permanent or send them back. (Docherty/Kamberi/McNulty/Omeonga)

I suspect we wont be signing anyone, or offering new contracts, until we are sure what is going to happen.

The fact that a few of our higher earners are loans will be a big help at the moment i would imagine.

[Green Badger]

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They will be saved by league reconstruction......

I don’t think so, I think there is very little appetite from the majority of clubs or the TV companies for league reconstruction.

[Peevemor]

I thought it was telling that, in yesterday's statement, Budge admitted for the first time that there was a doubt as to what league they'll be playing in next season.

[Ozyhibby]

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I don’t think so, I think there is very little appetite from the majority of clubs or the TV companies for league reconstruction.

I agree. Ron’s statement yesterday did not indicate we would look charitably on any proposal that would cut our money available next season. Going to a 14 team league would means a further loss of income on top of the already painful cuts we have suffered. I doubt many clubs will be up for that.


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[Heckys Wheel]

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I don’t think so, I think there is very little appetite from the majority of clubs or the TV companies for league reconstruction.

League reconstruction needs to be voted in by 11 of the 12 clubs.

Not a chance in hell most clubs will vote for less games against the old firm. They rely too heavily in that money.

[Ozyhibby]

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League reconstruction needs to be voted in by 11 of the 12 clubs.

Not a chance in hell most clubs will vote for less games against the old firm. They rely too heavily in that money.

I thought it was 75% of all 42 clubs? The old 11 of 12 was an old SPL rule.


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[mjhibby]

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League reconstruction needs to be voted in by 11 of the 12 clubs.

Not a chance in hell most clubs will vote for less games against the old firm. They rely too heavily in that money.

So it's null and void or as is. As I said before the TV companies will be flexible as these are extraordinary times but it looks likely to as is with sweeteners to Hertz and partick. It's the only common sense solution as most clubs have accepted there will be no football till the end of June and compromising next season just adds to the financial problem. Just need the govt to declare no football till end of may then we can all start planning next season. Maybe get a couple of glamour friendlies to boost coffers but bar that this season is gone.

[mjhibby]

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I thought it was telling that, in yesterday's statement, Budge admitted for the first time that there was a doubt as to what league they'll be playing in next season.

She knows the odds it will be the spl are lengthening by the day. The empty threat of legal action when in fact she would be sueing herself as she has to accept the sfa judgements shows she realises she's ****ed up big time. What's the bet once they are relegated she will quietly disappear from view and let others sort the carnage. What a club. I do actually feel for loads of the jambos as a lot are decent folk who have been lied,misled and had their foh contributions totally wasted. I know we all love to lambast them but the money she has wasted is eyewatering. At least Vlad won acouple of trophies but to spend £30m and face relegation is some gigantic feat of incompetence and hubris. It always seems to be the way with them. As we saw with us being in the championship for three years life will go on if they are down there for a couple of years. They are a side I'll equipped to deal with pressure and could well struggle to come straight back up and even if they did they are financially goosed so it's bleak times for them. **** happens I'm afraid.

[mjhibby]

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League reconstruction needs to be voted in by 11 of the 12 clubs.

Not a chance in hell most clubs will vote for less games against the old firm. They rely too heavily in that money.

The spl would have to agree to reconstruct before all 42 clubs vote as far as I understand it. The bigot bros constantly blocked it and I'm sure Aberdeen won't be keen on sharing either.

[James Stephen]

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So it's null and void or as is. As I said before the TV companies will be flexible as these are extraordinary times but it looks likely to as is with sweeteners to Hertz and partick. It's the only common sense solution as most clubs have accepted there will be no football till the end of June and compromising next season just adds to the financial problem. Just need the govt to declare no football till end of may then we can all start planning next season. Maybe get a couple of glamour friendlies to boost coffers but bar that this season is gone.

The glamour friendlies is actually not a bad shout, as id imagine foreign travel will be off for a while, so big english clubs might welcome that?

[PatHead]

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The spl would have to agree to reconstruct before all 42 clubs vote as far as I understand it. The bigot bros constantly blocked it and I'm sure Aberdeen won't be keen on sharing either.

Sure the vote is weighted by division. Premiership needs 11/12,Championship something like 9/12. If it clears these hurdles then a vote over all clubs.

Of course the spfl board could make a decision with a simple majority. There are 5 on the board which includes someone from sevco.

[Caversham Green]

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”We have always lived within our means and have never spent what we did not have.”

Aye,right!!!

To repeat what I said earlier on this thread, they spent £4.6m of this year's income (that's around a third of their annual turnover and seven eighths of the season ticket money they had collected) before 30th June last year. Essentially robbing Peter to pay Paul, which is the opposite of living within their means.

[jacomo]

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She knows the odds it will be the spl are lengthening by the day. The empty threat of legal action when in fact she would be sueing herself as she has to accept the sfa judgements shows she realises she's ****ed up big time. What's the bet once they are relegated she will quietly disappear from view and let others sort the carnage. What a club. I do actually feel for loads of the jambos as a lot are decent folk who have been lied,misled and had their foh contributions totally wasted. I know we all love to lambast them but the money she has wasted is eyewatering. At least Vlad won acouple of trophies but to spend £30m and face relegation is some gigantic feat of incompetence and hubris. It always seems to be the way with them. As we saw with us being in the championship for three years life will go on if they are down there for a couple of years. They are a side I'll equipped to deal with pressure and could well struggle to come straight back up and even if they did they are financially goosed so it's bleak times for them. **** happens I'm afraid.

You’d think they would be raising a bit more of a fuss.

As it is, there’s not much to be done if Jambos themselves don’t care that their club is a total shambles.

[FilipinoHibs]

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She knows the odds it will be the spl are lengthening by the day. The empty threat of legal action when in fact she would be sueing herself as she has to accept the sfa judgements shows she realises she's ****ed up big time. What's the bet once they are relegated she will quietly disappear from view and let others sort the carnage. What a club. I do actually feel for loads of the jambos as a lot are decent folk who have been lied,misled and had their foh contributions totally wasted. I know we all love to lambast them but the money she has wasted is eyewatering. At least Vlad won acouple of trophies but to spend £30m and face relegation is some gigantic feat of incompetence and hubris. It always seems to be the way with them. As we saw with us being in the championship for three years life will go on if they are down there for a couple of years. They are a side I'll equipped to deal with pressure and could well struggle to come straight back up and even if they did they are financially goosed so it's bleak times for them. **** happens I'm afraid.

She is owed too much money to slip out quietly. £2.4 million for her shares, a £1.9 million loan and her brothers money for the work on the stadium. Funny how the mysterious donator(s) has disappeared again. You needed them when in admin and now. Share transfer delayed till the end of the year. Budge may end up using that money to keep Hearts afloat with FOH agreement of course.

[Ozyhibby]

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Sure the vote is weighted by division. Premiership needs 11/12,Championship something like 9/12. If it clears these hurdles then a vote over all clubs.

Of course the spfl board could make a decision with a simple majority. There are 5 on the board which includes someone from sevco.

I don’t think the board can make a reconstruction decision without going to the members?


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[007]

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She is owed too much money to slip out quietly. £2.4 million for her shares, a £1.9 million loan and her brothers money for the work on the stadium. Funny how the mysterious donator(s) has disappeared again. You needed them when in admin and now. Share transfer delayed till the end of the year. Budge may end up using that money to keep Hearts afloat with FOH agreement of course.

Has she not been paid back her £2.4m?