The generic Hearts thread

[PH91]

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“Atleast with them being in the lower league we won’t have to put up with them gloating at a game”

my favourite comment on that cup final thread. Now I really need to try find the thread when we knocked them out the next again season as a lower league team!

Brilliant.

My favourite is this guys prediction.

"Hibs' cup win will paper over the cracks but they'll be back to playing to 8,000 or less next year and losing money hand over fist"

[Aldo]

So 5pm is deadline to accept Budges offer or its nae wages time!


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[Gloucester Hibs]

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Brilliant!! I was looking for this as well. Why is it not in The Vault?

The equivalent thread on follow follow is also a must-read!

[Gmack7]

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The equivalent thread on follow follow is also a must-read!

can someone post this please

[007]

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So 5pm is deadline to accept Budges offer or its nae wages time!


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Will be interesting to see what happens if some players call her bluff. They've been quick to go public a few times on this situation so I wonder if she'll continue to do so and let us know what all the players have done. Or maybe that doesn't suit the agenda.

[Caversham Green]

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Grants towards the new stand?

See Note 1.14

Older accounts show a grant of £1.8m being written off over 50 years. It would mean that there was still £1.08m left at 30/6/19 but for reasons I don't understand the grant disappears from the accounts after 2015. Presumably it's related to the administration, but that was accounted for in 2014. I can't see what happened to it from a quick scan of the accounts and life's too short to look any deeper.

I notice in one set of accounts reference is made to sponsorships received in advance so that might be inflating the deferred income as well.

[Aldo]

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Will be interesting to see what happens if some players call her bluff. They've been quick to go public a few times on this situation so I wonder if she'll continue to do so and let us know what all the players have done. Or maybe that doesn't suit the agenda.

Will indeed. I hope they do. I cannot wait to see what positive spin she puts on it!

We have to remember though it’s what big teams do.


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[CropleyWasGod]

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Older accounts show a grant of £1.8m being written off over 50 years. It would mean that there was still £1.08m left at 30/6/19 but for reasons I don't understand the grant disappears from the accounts after 2015. Presumably it's related to the administration, but that was accounted for in 2014. I can't see what happened to it from a quick scan of the accounts and life's too short to look any deeper.

I notice in one set of accounts reference is made to sponsorships received in advance so that might be inflating the deferred income as well.

Maybe they got an Arts Council Grant for the provocative Stairs to Nowhere creation. Paid in advance, on the condition that it would be repayable if they ever went anywhere.

[Joe6-2]

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Maybe they got an Arts Council Grant for the provocative Stairs to Nowhere creation. Paid in advance, on the condition that it would be repayable if they ever went anywhere.

Is there a door tax I haven’t heard about? Like the old window tax

[brog]

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Maybe they got an Arts Council Grant for the provocative Stairs to Nowhere creation. Paid in advance, on the condition that it would be repayable if they ever went anywhere.

They're hoping to make a profit when it wins the Turner Prize!!

[cocteautwin]

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I suspect the VAT is included in the Deferred Income figure of £5m, which per a note in their accounts is mostly season tickets. The net figure would therefore be about £4.2m. That explains the disparity between the deferred figure & the final gates receipt total of £6m but the actual # still seems high. In 2018 they sold 10k by 3 May & 13k by 3 August. In 2019 they had sold 10.5k by 3 June. If we're extremely generous let's say they sold 13k by end June, that works out at £385 per ticket which seems high. Anyway, given they have no idea what division they'll be in next season I don't see them hitting those numbers in next 2 months.

Yes, that’s seems like the most logical explanation to me, shown gross within deferred income. The tax liability at year end is too low to include the VAT on advance season ticket money.

Without wanting to delve deeper in to football club VAT accounting it doesn’t seem unreasonable to account for the output VAT at some tax point in the future when the games are played.

[Gloucester Hibs]

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can someone post this please

Found the Rangers Media one which might have been the one I was remembering anyway - page 55 for Stokes' equaliser! Enjoy...

http://forum.rangersmedia.co.uk/topi...e/55/#comments

[matty_f]

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Found the Rangers Media one which might have been the one I was remembering anyway - page 55 for Stokes' equaliser! Enjoy...

http://forum.rangersmedia.co.uk/topi...e/55/#comments

How about the kickback thread for the 2-2? Anyone save that?


Anyway - I thought the clause 12 was to protect clubs from being in a position (as they do now) where the date of the season ending passes without the season being completed.

That would naturally cause clubs an issue with players being out of contract, so a clause that says their contact would continue for the suspended period means that the club can complete the season with the required number of players.

I don't think some of the folk inside football have got their heads around that yet, and I would say that it almost certainly wasn't intended as a means to avoid paying players.

[Since452]

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How about the kickback thread for the 2-2? Anyone save that?


Anyway - I thought the clause 12 was to protect clubs from being in a position (as they do now) where the date of the season ending passes without the season being completed.

That would naturally cause clubs an issue with players being out of contract, so a clause that says their contact would continue for the suspended period means that the club can complete the season with the required number of players.

I don't think some of the folk inside football have got their heads around that yet, and I would say that it almost certainly wasn't intended as a means to avoid paying players.

That's one thread I've not seen but I'd love to. Was my birthday that day!

[Moulin Yarns]

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How about the kickback thread for the 2-2? Anyone save that?


Anyway - I thought the clause 12 was to protect clubs from being in a position (as they do now) where the date of the season ending passes without the season being completed.

That would naturally cause clubs an issue with players being out of contract, so a clause that says their contact would continue for the suspended period means that the club can complete the season with the required number of players.

I don't think some of the folk inside football have got their heads around that yet, and I would say that it almost certainly wasn't intended as a means to avoid paying players.

I hope posters who claimed the opposite, that contracts couldn't be suspended, will acknowledge their mistake.

This is what I suggested way back, without knowing the clause, but some posters kept saying that the clubs couldn't just extend contracts, even though I was saying suspend the contract, and were claiming Kilmarnock would only have 4 players.

[easty]

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I hope posters who claimed the opposite, that contracts couldn't be suspended, will acknowledge their mistake.

This is what I suggested way back, without knowing the clause, but some posters kept saying that the clubs couldn't just extend contracts, even though I was saying suspend the contract, and were claiming Kilmarnock would only have 4 players.

Clubs can’t just extend contracts. They can suspend pay, they can’t say - we’re paying you later so you have to stay with us and play til we decide to pay you.

[matty_f]

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I hope posters who claimed the opposite, that contracts couldn't be suspended, will acknowledge their mistake.

This is what I suggested way back, without knowing the clause, but some posters kept saying that the clubs couldn't just extend contracts, even though I was saying suspend the contract, and were claiming Kilmarnock would only have 4 players.

Without the knowledge of the clause to suspend contracts, they were right.
I'm not even sure if that clause exists in all contracts.

If a player does have that clause then the contract permits the club to extend without further consultation.

[lord bunberry]

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I hope posters who claimed the opposite, that contracts couldn't be suspended, will acknowledge their mistake.

This is what I suggested way back, without knowing the clause, but some posters kept saying that the clubs couldn't just extend contracts, even though I was saying suspend the contract, and were claiming Kilmarnock would only have 4 players.

Kilmarnock haven’t used clause 12 as far as I’m aware.

[Tug Wilson]

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I was wondering if that probably wasn't what every club would want to have happen with their players at the moment? Is the transfer value of any squad of players at the moment higher than their wage liability?

What's the point of having a squad of players if you're not going to play any football any time soon?

Looking at the number of players still in contract at their clubs beyond this season, is it not the case that the clubs with the least players probably stand the best chance of being able to survive a sustained period without income?

I mean - Berra, Damour, Naismith, Boyce - they're on big bucks for what they realistically contribute (especially towards a football club who cannot play football games). If they came to you and threatened to walk away, would you not hold the door open and usher them out with a huge smile?

(Without wishing to condone the treatment of the players, which I think is disgraceful from Hearts. I just question, from the players' point of view, the wisdom of threatening Hearts with the very thing they probably want to happen?)

I previously posted on a thread that Hearts have 26 players contracted for next season. This is a massive squad.

They definitely will be happy to see many of these guys walk away but they will also lose a number of players that they want to keep.

Also, when football does return then they will have to rebuild their squad. Their recent attempts at this have been piss poor and Our Daniel hasn't looked likely to improve that record.

[Billy Whizz]

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I previously posted on a thread that Hearts have 26 players contracted for next season. This is a massive squad.

They definitely will be happy to see many of these guys walk away but they will also lose a number of players that they want to keep.

Also, when football does return then they will have to rebuild their squad. Their recent attempts at this have been piss poor and Our Daniel hasn't looked likely to improve that record.

Think 8 out of contract players have been told they can leave, presume inc Loan players

[Iggy Pope]

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That's one thread I've not seen but I'd love to. Was my birthday that day!

Snap.

[Kaiser1962]

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Oh dear

https://t.co/ZPwvYgIp7w?amp=1

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Is that not what they want anyway? To get rid of as many as possible as soon as possible. Hickey is the only one who has any value and funnily enough, he wasn't asked to take a wage cut.

Pretty much playing into their hands. Gives them the opportunity to clear the decks. Some (most) of these players will get nowhere near their current deals elsewhere. And where do they move to?

[jacomo]

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So 5pm is deadline to accept Budges offer or its nae wages time!


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Looking forward to a new STATEMENT at 5:01pm bragging about their success, with a coded dig at Hibs for good measure.

[Kaiser1962]

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How about the kickback thread for the 2-2? Anyone save that?


Anyway - I thought the clause 12 was to protect clubs from being in a position (as they do now) where the date of the season ending passes without the season being completed.

That would naturally cause clubs an issue with players being out of contract, so a clause that says their contact would continue for the suspended period means that the club can complete the season with the required number of players.

I don't think some of the folk inside football have got their heads around that yet, and I would say that it almost certainly wasn't intended as a means to avoid paying players.

Could it be argued that the date for the season ending has not yet passed?

[Aldo]

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Looking forward to a new STATEMENT at 5:01pm bragging about their success, with a coded dig at Hibs for good measure.

Without a doubt. Leading the way blah blah blah


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[007]

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Looking forward to a new STATEMENT at 5:01pm bragging about their success, with a coded dig at Hibs for good measure.

Following the departure of all players except for Aaron Hickey, Hearts propose the league season is played to a finish by way of a game of Cuppy.

[matty_f]

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Could it be argued that the date for the season ending has not yet passed?

Yeah but that is pretty much irrelevant as far as the suspension goes, in fact all clubs who have that clause in the contracts should be looking to exercise it in the unlikely event that the season gets finished at some point.

That's not to say they should stop paying players, that's not really in the spirit of the contract, but they should be taking steps to ensure they have a squad if the season gets finished in July, for example.

[mjh]

[QUOTE=Aldo;6155299]Without a doubt. Leading the way blah blah blah

Suspect there's some TV gold being recorded over the next hour or so!

[The 90+2]

[QUOTE=mjh;6155313]

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Without a doubt. Leading the way blah blah blah

Suspect there's some TV gold being recorded over the next hour or so!

Nah she’s just full of threats and hot air. Guaranteed nothing gets done in the next few days or all the players have miraculously agreed a wage cut.

[Aldo]

[QUOTE=90+2;6155321]

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Nah she’s just full of threats and hot air. Guaranteed nothing gets done in the next few days or all the players have miraculously agreed a wage cut.

Maybe but let’s wait and see!


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