tlg1903 Posted November 7, 2011 Report Posted November 7, 2011 Owner Vladimir Romanov insists he will continue to support Hearts financially but admits he is now open to selling the Edinburgh club. Players were paid on Friday, following an 18-day wait for overdue wages, and Romanov recently questioned the wisdom of continuing to invest in Hearts. Romanov reiterated the need for reduced spending on the Tynecastle squad. And the Lithuanian-based businessman said: "I now have to consider finding a partner or selling the club." Hearts, who are currently exploring a move away from Tynecastle, are mired in debts of around £30m, with those arrears serviced by the bank in-which Romanov has substantial stake. In response to the coverage of the wage delay, a statement from the club read: "Mr Romanov has confirmed that he will stand by the club and continue to support it to the extent it remains reasonable as he continues to fight against what he and an increasing number of supporters and associates are seeing as an orchestrated campaign against him personally and, by association, the club. "The position of the shareholder in relation to the football in Scotland, in which he has invested more than any other individual in the last six years, is unsatisfactory. "Hearts must therefore prepare to reduce investment in the playing squad to match the income in the coming season and turn to the Academy for its new additions while also improving revenue streams, including working on a new stadium in order to achieve this as soon as possible. "It is important to stress that Hearts at the moment is strongly dependant on the funding from the major shareholder and the attempts of the media to undermine the position of the club and Mr Romanov pose a direct threat to the immediate future of the club." A club spokesperson then strongly denied reports of an impending 'fire sale' of players, saying: "The club has some of the best players in the country and no player will be transferred for a penny less than their true value. "Hearts will address squad efficiency over the coming months as a normal course of business. We will continue to pursue our policy of focusing on youth development." Romanov's growing disenchantment was evident, when he added: "For seven years I keep hoping that in the country that is the cradle of football they will start respecting the game and stop taking the mickey out of the game itself and the people who are trying to fight for it, but it's like asking the mafia for remorse. "There is only one solution left - to turn our attention to the products of our football academy in the hope that this situation will at some point and somehow improve by itself. Finally, the powers that be have begun discussing a new stadium - it seems like the politicians have developed some sort of responsibility to their own citizens, or maybe their human side has been awoken. "And still Shakespeare's question lingers on - to be or not to be - for football to change, or will it keep on developing as a show under the media blanket and we are finally overtaken by Lithuania and Gabon. "I haven't lost my interest in the club but I have for football. By the law of the 'free world' it is not enough to do good deeds - you have to also pay to advertise them in the press and then it's possible to carry out crimes without any consequences. "The problem is that I refuse to pay the monkeys for the advertisement as someone has to resist their domination in sport and in culture, the ecomony and history. That's why I now have to consider finding a partner or selling the club." Quote
TENEMENTFUNSTER Posted November 7, 2011 Report Posted November 7, 2011 Hearts = Fucked. Me = Do like. Simply put and correct. Quote
glasgow sheep Posted November 16, 2011 Author Report Posted November 16, 2011 ooops nothing to see here, move along, move along http://news.bbc.co.uk/sport1/hi/football/15757782.stm Hearts' first-team squad have not been paid their monthly salaries. It is the second month in succession that the Tynecastle players have been late in receiving their wages from the club, which is more than £30m in debt. The players had to wait 19 days for last month's pay but were persuaded not to complain to the Scottish Premier League by manager Paulo Sergio. Hearts, who are refusing to comment on the reason for the latest delay, are looking to reduce operating costs. Earlier this month owner Vladimir Romanov indicated that he would consider selling the club, and a Tynecastle statement revealed that spending on players would fall. "Hearts must prepare to reduce investment in the playing squad to match the income in the coming season and turn to the Academy for its new additions," read a statement on the club's website. Quote
mizer Posted November 16, 2011 Report Posted November 16, 2011 Surely the players will have to step up this time Quote
baggy89 Posted November 16, 2011 Report Posted November 16, 2011 Maybe Craig Whyte will buy them for the SPL place once the hun are wound up. Quote
mizer Posted November 16, 2011 Report Posted November 16, 2011 Further developments this afternoon Hearts have admitted that they haven't paid their players their latest wages as they had to settle a one million pound tax bill which had to be paid in full and they are looking at ''options to identify new income opportunities' to ''obtain funding'' for the players' salaries. So they are skint Quote
tlg1903 Posted November 16, 2011 Report Posted November 16, 2011 everytime this thread gets new posts i get an almost christmas morning as a ten year old buzz of anticipation Quote
mizer Posted November 16, 2011 Report Posted November 16, 2011 http://sport.stv.tv/football/scottish-premier/hearts/279621-hearts-promise-player-payment-after-paying-1-million-plus-tax-bill/ Hearts have issued a statement promising their players that they will be paid in the near future but have revealed that they currently do not have sufficient funds. The club confirmed on Wednesday that their playing staff had not received their monthly wages, STV has learned that part of the situation regarding income is that the club had expected additional monies from the deal that took Craig Gordon to Sunderland in 2007. Astatement on the club's official website confirmed their intent to pay but revealed that the club is currently looking to "obtain funding" to make the salary payments. A club spokesperson said: "We expect salaries to be paid into the senior players' accounts at the earliest opportunity and have informed the players of this today. "The club is experiencing an income shortfall due to lower than expected transfer monies. Our future funding is secure but requires time to be organised. "The club also unfortunately failed to reach agreement with HMRC which would have allowed it time to pay a tax bill in excess of £1million, that was settled in full yesterday. "As such we are currently looking at options to identify new income opportunities and obtain funding for the players' salaries." STV understands that the reference to "expected transfer monies" does not relate to recent transfers and that Rangers have met their obligations thus far over the purchase of Lee Wallace. However, sources at Hearts have told STV that the club would have expected additional payments from the deal that took Craig Gordon to Sunderland four years ago. It is understood that a handful more appearances for the Black Cats would have seen a clause triggered that would have seen Hearts due an additional six figure sum. Hearts players were due to receive their November salaries on Wednesday. Their previous wages from October 16 went unpaid until November 4. its all Craig Gordons fault Quote
Kowalski Posted November 16, 2011 Report Posted November 16, 2011 Craig Gordon's injuried have often frustrated me as I'd much rather see him between the sticks for Scotland, now I have changed my mind and hope he's out for a while! Quote
tom_widdows Posted November 16, 2011 Report Posted November 16, 2011 Surely this potential 6figure sum would just vanish like the 9million they are meant to have got for him Quote
Monkey Posted November 16, 2011 Report Posted November 16, 2011 Gordon needs to play 13 more games before Hearts are due the payment from Sunderland. So even if he starts the next 13 games it will be into February before Hearts see the cash. Looks like the transfer window can't come soon enough for Hearts so they can start their fire sale. Quote
scotfree Posted November 16, 2011 Report Posted November 16, 2011 Craig Gordon's injuried have often frustrated me as I'd much rather see him between the sticks for Scotland, now I have changed my mind and hope he's out for a while! This.^ Quote
glasgow sheep Posted November 17, 2011 Author Report Posted November 17, 2011 Do they have any other pending HMRC bills or was that the only one? Quote
mizer Posted November 17, 2011 Report Posted November 17, 2011 http://news.bbc.co.uk/sport1/hi/football/15772164.stm Hearts manager Paulo Sergio is to serve a five-match touchline ban following his stormy dismissal from the dugout last month. Sergio was sent to the stands by Alan Muir during his side's 1-0 defeat by Kilmarnock at Tynecastle on 29 October. The standard penalty for such an offence is a two-match suspension. However, the Portuguese manager's heated response to his sending off prompted a notice of complaint from the SFA's compliance officer. Sergio did not attend the hearing at Hampden Park and the Tynecastle club have yet to reveal whether or not they will appeal against the penalty. Sergio was charged with breaching rule 203, which relates to misconduct by a member of team staff, including acts such as continued use of offensive, abusing or insulting language or behaviour and adoption of aggressive behaviour towards a match official. Earlier this month, Sergio escaped with a warning for his comments about match official Iain Brines. The Tynecastle boss was critical of Brines for disallowing a goal in a League Cup defeat to Ayr United and later questioned his appointment as assistant referee for Hearts' league visit to Dunfermline. Quote
manc_don Posted November 18, 2011 Report Posted November 18, 2011 Hearts owner Vladimir Romanov has put the club up for sale so that he can buy a theatre. (Various) Quote
bilbobaggins Posted November 18, 2011 Report Posted November 18, 2011 One circus to another. There was a newsflash on SSN last night "Hearts tell SSN that 33 of their players have now been paid". When that's a positive press release then you know you're fucked. Quote
glasgow sheep Posted November 18, 2011 Author Report Posted November 18, 2011 My first reaction was how big and ostentatious is this theatre if he needs to sell a football club to fund it's purchase, then I remembered it was Hearts so I guess it is the equivalent of the Aboyne Community Theatre Quote
glasgow sheep Posted November 18, 2011 Author Report Posted November 18, 2011 I don't have sound but it looks good: http://www.youtube.com/watch?v=djIZyGPZ4rM&feature=player_embedded#! Quote
Tyrant Posted November 18, 2011 Report Posted November 18, 2011 :lolabove: :lolabove: :lolabove: :lolabove: :lolabove: Bunch of complete and utter mugs. Especially that greasy prick with the long hair. :wave: :wave: Quote
tom_widdows Posted November 19, 2011 Report Posted November 19, 2011 Hearts director Sergejus Fedotovas has warned fans the club will be "very different" next season. Owner Vladimir Romanov has admitted he is now open to selling the club with two parties reported to be interested. But Fedotovas says the existing board's strategy will be to sell senior players in the coming months. "We have several players that have reached the peak of their career at Hearts and are ready for a move," Fedotovis told the club's website. "Our priority remains on escalating the rise of young players in our squad. "We have some very talented young players and we are now entering a transformational time for the club on the field. "Our strategy involves bringing through the best young players while selling or releasing some of the senior or fringe players. "The board's view is that Hearts not only should be a very different team next season and thereafter, but it will be a very different team." The club has been dogged by problems paying players' wages in recent weeks, but Fedotovas says Romanov remains committed to Hearts. "Despite a sporadic delay at times, we have always paid our players and fully intend to continue to do so," he added. "Mr Romanov's commitment to Hearts is unquestionable with his £60m plus investment in seven years being more than any other individual has put into Scottish football as a whole. "Now, though, the board is willing to talk about how to really develop the potential of a club that enjoys the third biggest support in Scotland and one of the biggest in the UK." And while Romanov is open to the prospect of selling the club, Fedotovas says there is no fixed timescale for a transfer of ownership. "If it is clear that any individual or organisation has a valid proposal which can seriously develop the club and allow it to prosper in years to come then we will speak to them," he added. "Mr Romanov has made his position clear and I can reinforce that while he is justifiably disillusioned by many aspects of the sport, he has not lost his feelings towards Hearts." The walker family put 100million into Blackburn rovers resulting in a completely rebuilt stadium and a premiership title. what the fuck happened to romanovs 60million? Quote
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