The generic Hearts thread

[greenginger]

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companies-to-receive-3-month-extension-period-to-file-accounts-during-covid-19

Yeah, I know, but you’ve got to apply for the extension. Why would she bother , Bidco accounts are just a copy and paste of the Hearts accounts with a couple of adjustments for Bidco costs and liabilities.

I’m sure they would have been ready for posting at Companies house but she’s using the virus situation to delay publication.

[JohnMcM]

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Yeah, I know, but you’ve got to apply for the extension. Why would she bother , Bidco accounts are just a copy and paste of the Hearts accounts with a couple of adjustments for Bidco costs and liabilities.

I’m sure they would have been ready for posting at Companies house but she’s using the virus situation to delay publication.

Don't be offended by this post in response to yours.

That's a big thing to accuse her of.

For the sake of the reputation of our fan-base, I would like to think we will stop seeing posts like yours on our main forum.

The truth about their activities will out at some stage, let's wait and see shall we?

This thing is way to big to be used to besmirch our pink chums. Like I suggest, time will tell.

[CropleyWasGod]

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Yeah, I know, but you’ve got to apply for the extension. Why would she bother , Bidco accounts are just a copy and paste of the Hearts accounts with a couple of adjustments for Bidco costs and liabilities.

I’m sure they would have been ready for posting at Companies house but she’s using the virus situation to delay publication.

It may be the auditors/accountants who are delaying finalising the accounts or Auditor's Report. The CV is a pretty big Post Balance Sheet event, and its implications for Bidco could be huge. If that's their view, it's wise to delay their publication.

It wouldn't surprise me if many auditors are taking that view just now.

[Deansy]

Hearts might be bottom of the league football-wise but they're top of the league when it comes to 'Manipulating the media - no-one was talking about 'league re-organisation' 3 weeks ago !. One missed home game against Ross County and it seems that 'league re-organisation' is the sole topic of conversation in the game !

[Billy Whizz]

Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

[Billy Whizz]

On one hand she’s saying no player was asked to take a 50% cut, on the other she’s saying Naismith is giving up 50%. Surely he wouldn’t volunteer this figure, if he wasn’t asked

[Waxy]

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Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

Excuse time

[Bishop Hibee]

Budge is desperate to get rid of Hearts to the fans. It’s a dire time for the fans to be taking over. Pleasing.

[Since452]

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Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

Sick of her rambling and I'm not even a Jambo 😂

[KingPat4]

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Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

I lasted till paragraph two. Is she related to Donald Trump?

Everytime she opens her mouth nothing but pish comes out.

[hibbyfraelibby]

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Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

So she has furloughed all players irrespective of their actual wage? Then that means no defferments as per the Hibermian solution. She has actually pressed the nuclear button as per her initial threat whilst not actually sacking anyone. Those who agreed to 50% cuts now find themselves on the same £500 less tax per week that the ordinary worker is on.

They really were skint paying high basic no incentive bonuses to a bunch of schisters. Hell mend them

[Garymcl]

So is captain fantastic still taking a 50% hit ??? Don’t think so she is a slavering auld woman contradicts herself every time she opens her mouth but hey ho the mutant gorgie hordes hang on to every bit of pish she says all I can say is thank god for our chief exec

[Keith_M]

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So she has furloughed all players irrespective of their actual wage? Then that means no defferments as per the Hibermian solution. She has actually pressed the nuclear button as per her initial threat whilst not actually sacking anyone. Those who agreed to 50% cuts now find themselves on the same £500 less tax per week that the ordinary worker is on.

They really were skint paying high basic no incentive bonuses to a bunch of schisters. Hell mend them

That was what was just reported on BBC Scotland News about two minutes ago, yes.

[KingPat4]

The Naismith thing is a laugh. He played for the Hun, Everton and Norwich, not to mentioning taking a large wedge from them for largly lying on a treatment table. He'll be minted anyway.

[The 90+2]

“Clearly we have a different structure in place” does Budge forget the mystery benefactors why trying to make all the excuses under the sun?

[The 90+2]

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So she has furloughed all players irrespective of their actual wage? Then that means no defferments as per the Hibermian solution. She has actually pressed the nuclear button as per her initial threat whilst not actually sacking anyone. Those who agreed to 50% cuts now find themselves on the same £500 less tax per week that the ordinary worker is on.

They really were skint paying high basic no incentive bonuses to a bunch of schisters. Hell mend them

They wouldn’t get Boyce on £8k tempting him with a win bonus tbf.

[hibbysam]

In her first statement a few weeks ago she stated that ‘we have asked all full time employees, managers, coaches, players and player back room staff, with effect from the beginning of April, to accept a 50% cut in their monthly salary, with the following caveats’

The caveats being living wage, no player would fall below this so they will be taking the full 50%, she had no idea how long for, and also anyone who didn’t agree could leave.

Now she is saying no one was asked to take a 50% cut... and those muppets are lapping it up 😂 she’s got them on strings.

[04Sauzee]

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Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

Jambos are proud of that statement, tears on a balcony in Bulgaria, solo clapper socially distancing outside rhe main stand right now

[where'stheslope]

The Budge statement:

Further to our update on Tuesday which outlined action taken by the club to safeguard jobs, and the club’s future in these challenging times, I wanted to share some further information with our supporters.


As stated earlier this week, we have utilised the Government’s Job Retention Scheme and furloughed the majority of non-football employees. A number of staff continue to work, albeit from home. They are carrying out a number of essential functions, including planning for the return of football, keeping in touch with supporters, essential maintenance and importantly ensuring the wellbeing of our employees.
I would like to make it clear that no employee, whether furloughed or working, at any level in the Club has been asked to take a 50% cut. The majority of cuts fall below 30%. Some employees have very kindly offered to take larger cuts or in some cases to forgo their salaries entirely. We should add that we are now investigating the implications of the Job Retention Scheme for our casual workers. We are absolutely delighted at the support received from staff.
We are also planning to furlough all players and while discussions are still ongoing with the first team squad, we would like to make it clear that since the introduction of the Job Retention Scheme, no player has been asked to take more than a 30% reduction in wage.
A number of players have already agreed to our proposed terms. Steven Naismith is standing by his original offer to accept a 50% cut and indeed one of our younger players is refusing to take any wages at all over this period. We thank every player for their support and hopefully we will conclude all discussions very soon.
Much has been reported about the Club’s stance in asking all staff, including players, to accept temporary wage cuts while other clubs have negotiated on the basis of wage deferrals. I have explained to all first team players individually and indeed to the SPFA why we believe this is the most appropriate course of action for Hearts.
In the same way that the impact of wage cuts impacts every individual differently, depending on their personal commitments and lifestyle, so too, does this current crisis impact differently upon different clubs. We do not all have the same business model. For example, we do not all have the same wage structure. While some clubs choose to pay lower basic wages topped up by bonus payments, other clubs pay higher basic wages and make less use of bonuses. Hearts fits into this latter category which, in this current situation, means we have a bigger challenge.
Similarly, we do not all have the same ownership structure. Clearly some clubs have private owners while others are owned by groups of investors. Access to investment capital during periods of crisis can therefore be very different for different clubs. Hearts is, of course, different again, given that we are on the cusp of moving to fan ownership.
I have a legal obligation to transfer majority ownership to the fans and not to seek external investment from other sources. I also have a moral obligation not to burden the club with football debt, that can never be written off, where I would simply be passing this problem on to the new owners…the fans.
We will continue to discuss these issues but at this point in time we believe that asking for wage cuts is the most appropriate way to safeguard the club, not just in the short term, but in the medium to long term. We also believe it is morally the right thing to do when everyone on the planet is faced with making sacrifices.
We thank the fans, our sponsors and our business partners for their continued and unwavering support and will continue to share accurate and honest information with you across our own channels.
While these are difficult and uncertain times, the club continues to do its utmost to stand by its employees, fans, sponsors and the wider community.


It states only 30% wage cuts, not the reported 50%?
Seems open and transparent, though not sure if will their players are all on board?
But then again our players will receive full salary eventually, though papers say they are taking wage cuts???
I think we are all getting mixed messages from press and media to suit their own agendas!!!!

[PatHead]

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Statement time again
https://www.heartsfc.co.uk/news/arti...m-our-chairman

Just as well they weren't relying on win bonuses. 😂 Highlights how they are such a bad way. No incentive to win the game.

[Hibs4185]

Just read 8-10 lines of her statement.

She is a liar. Pure and simple. No player was asked to take a 50% pay cut. Lies

Long may the queen reign at tynecastle.

Thank goodness we have LD

[Billy Whizz]

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In her first statement a few weeks ago she stated that ‘we have asked all full time employees, managers, coaches, players and player back room staff, with effect from the beginning of April, to accept a 50% cut in their monthly salary, with the following caveats’

The caveats being living wage, no player would fall below this so they will be taking the full 50%, she had no idea how long for, and also anyone who didn’t agree could leave.

Now she is saying no one was asked to take a 50% cut... and those muppets are lapping it up �� she’s got them on strings.

https://www.heartsfc.co.uk/news/arti...nt-1-2-3-4-5-6

She did

[Real Emerald]

So the tax payer is now paying all the Hearts players, no benefactors cash, no fans cash just paid by the taxpayers. Just wait until the transfer window opens and they’re splurging their ‘big team’ benefactors money on players the wee teams can’t afford again. They are utterly shameless morons, disgusting. 😡

[hibbyfraelibby]

She is either terminally stupid, being deliberately perverse or suffering from a recognisable health condition. Its that or she rightly assesses the mental capacity and gullability of the Hurtz support at a level somewhat below a 3 year old chimp

1. You cannot be put on furlough and continue to be paid by your employer.

2. No player is being asked to take a 50% pay cut because she intend imposing furlough so the government pays them £500 p/w less tax max.

3. But...You actually need to consent, as an employee, to go on furlough.

4. Anyone who agreed a cut has just had the ground cut from under their feet.

5. The funds are non existant and April could see their demise...again

[B.H.F.C]

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She is either terminally stupid, being deliberately perverse or suffering from a recognisable health condition. Its that or she rightly assesses the mental capacity and gullability of the Hurtz support at a level somewhat below a 3 year old chimp

1. You cannot be put on furlough and continue to be paid by your employer.

Aye you can. You just can’t do any work.

[hibbysam]

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She is either terminally stupid, being deliberately perverse or suffering from a recognisable health condition. Its that or she rightly assesses the mental capacity and gullability of the Hurtz support at a level somewhat below a 3 year old chimp

1. You cannot be put on furlough and continue to be paid by your employer.

2. No player is being asked to take a 50% pay cut because she intend imposing furlough so the government pays them £500 p/w less tax max.

3. But...You actually need to consent, as an employee, to go on furlough.

4. Anyone who agreed a cut has just had the ground cut from under their feet.

5. The funds are non existant and April could see their demise...again

The employer can continue to ‘top up’ wages if they want to, on top of the governments 80%.

[CropleyWasGod]

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So the tax payer is now paying all the Hearts players, no benefactors cash, no fans cash just paid by the taxpayers. Just wait until the transfer window opens and they’re splurging their ‘big team’ benefactors money on players the wee teams can’t afford again. They are utterly shameless morons, disgusting. 😡

The taxpayer is not paying the players. The maximum is £2,500 per month.

[Lee Marvin]

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The employer can continue to ‘top up’ wages if they want to, on top of the governments 80%.

I think hibs are doing this, but paying their players back.

Budge is oure ****. Plain and simple.

These muppets better get a transfer embargo or some sort of punishment

[Real Emerald]

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The taxpayer is not paying the players. The maximum is £2,500 per month.

They’re paying every player £2,500 per month are they not, whilst we’re not using tax payers money to cover our players wages?

Edit: a huge squad into the bargain!

[Sergio sledge]

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She is either terminally stupid, being deliberately perverse or suffering from a recognisable health condition. Its that or she rightly assesses the mental capacity and gullability of the Hurtz support at a level somewhat below a 3 year old chimp

1. You cannot be put on furlough and continue to be paid by your employer.

2. No player is being asked to take a 50% pay cut because she intend imposing furlough so the government pays them £500 p/w less tax max.

3. But...You actually need to consent, as an employee, to go on furlough.

4. Anyone who agreed a cut has just had the ground cut from under their feet.

5. The funds are non existant and April could see their demise...again

The government will pay 80% of your normal salary up to a maximum of £2,500 per month. The employer can then choose to top up this payment if they want. They've decided to furlough all playing staff to be able to claim up to £2,500 per month per player from the government and then top up their salaries so that players only take a maximum of 30% pay cut.