THE OFFICIAL: "LET'S ALL LAUGH AT HEARTS"

[Tyrant]

Went on paying ridiculous wages.

 

Then again if Romanov hadnt dicked about when George Burley was in charge they would have went very close at least to winning the league.

[mizer]

Apparently its not £60m - its £200m

 

Vladimir Romanov has placed a £50m price tag on Hearts, having recently announced his plans to sell the club.

 

The businessman expressed his desire to pull out of the Edinburgh club last week, as he looks to pursue other interests, including a potential investment in the theatre.

 

Speaking to Russian media agency RIA Novosti, Romanov claims he has invested “about £200m” in the club but says he is not looking to recoup his losses. However, he is looking for a significant amount to allow Hearts to change hands.

 

"The land is worth £25m, plus the players, the club with a project, are also worth £25m," he said. "That’s about £50m.

 

"It’s not the money I spent, but now that’s what it is worth."

 

Romanov also claims he has lost such interest in Hearts that he is unaware of when they played their last fixture, having last watched the team defeat Celtic on a trip to Edinburgh in October.

 

"I don’t even travel and I don’t know when they last played, whether it was yesterday or Saturday, and I don’t know how they played," he said. "It is the same for my other sports clubs.

 

"Every time they just ask for money, and every time I promise not to give more, then they promise to make it themselves."

 

[glasgow sheep]

When it says he won't want to recoup his losses does that mean the debt to UKIOS or whatever they are called?

Either way if he thinks he is getting £50M for Hearts he is even more mental than we previously thought

[glasgow sheep]

Perhaps this explains alot:

Lifted from P&B this is apparently UKIOS Bankus share price over the last 6 months:

 

[mizer]

Debt £36m

[baggy89]

As no-one else will be interested offer £25 million.

Transfer registrations of the better players to AFC.

Sell poorer AFC players to Hearts for cash money.

Sell the rest of the players for as much as possible.

Sign Hearts up to long lease with SRU for use of Murrayfield

Buy the land from Hearts Ltd Plc or whatever for nominal amount.

Take apart stands at Tynecastle

Demolish the Mainer at Pittodrie rebuild the Wheatfield stand in its place

Sell one of the ends to Oxford.

Use government grants for affordable housing to build houses on Tynecastle site, sell houses for more than the £25million land is valued at (say £30million 20% margin?)

 

[mizer]

Time to feel better:

 

Can I just point out their players have not been paid Novembers wages yet!

 

Senior Hearts players have now suffered a longer delay in receiving November’s wages than the previous month despite being paid a proportion of their pay packets.

 

It is understood that around £1,000 each has been released to players who were awaiting payment due on 16 November.

 

However, the wait goes on for the full payment for the first-team members of the squad, who waited 19 days for their October money. A total of 33 younger players were paid in November but the club announced that senior players would be paid at the “earliest opportunity” amid cash flow issues caused by a £1 million-plus tax bill and a shortfall in transfer income.

 

Hearts manager Paulo Sergio has admitted the financial problems are having an effect on results and the Portuguese will have to hope yesterday’s concession is enough to avert further unrest among his squad.

 

It is understood Sergio persuaded players not to sign an official letter of complaint to the SPL when PFA Scotland officials visited their members the day before the October wages were paid. However, after Hearts lost 2-1 at home to St Johnstone on Saturday, he told Hearts TV: “We are losing focus on our work and that is revealed in games. We are thinking during the week of other problems – everybody knows – and we’re losing our focus, our quality, our confidence, most of all in our defensive line.”

 

Hearts have lost four and drawn one of six SPL games since the financial problems emerged.

 

Further concerns over the club’s financial state were raised when Vladimir Romanov declared he had instigated attempts to sell his majority stake, although by placing a valuation of £50 million on a club with debts of £35 million the Lithuanian has done little to encourage potential buyers.

[BigAl]

http://www.dailymail.co.uk/sport/football/article-2070865/Hearts-players-set-invoke-FIFA-rule-leave-free.html

 

 

 

[mizer]

I think he is quite happy for them to walk away, especially giving the last sentence

he players have been told not to expect to see any more cash in 2011.

 

Read more: http://www.dailymail.co.uk/sport/football/article-2070865/Hearts-players-set-invoke-FIFA-rule-leave-free.html#ixzz1fraXv3Hp

[manc_don]

Sign him up Brown!

 

http://news.bbc.co.uk/sport1/hi/football/16076186.stm

[Kowalski]

http://www.scotsman.com/scotland-on-sunday/scotland/hearts_players_threaten_to_leave_if_they_don_t_get_paid_1_2002499

 

HEARTS players have threatened to tear up their contracts and leave the club if the ongoing issue of unpaid wages has not been resolved by the middle of next month.

 

They have given a deadline of 14 January, claiming that if the long-running issue is not sorted out by that date, they will walk away from the Tynecastle side.

 

The players’ wages for October arrived 19 days late, and since then they have received just £1,000 of their November sum.

 

With the December due date just five days away, club insiders have admitted they are struggling to accrue the funds to make the payment.

 

“We are almost at the stage that we would probably prefer not to get that wage on time, because then we could walk away on January 14, and find ourselves new clubs and Hearts wouldn’t get a penny,” said one player, who did not want to be named.

 

[tom_widdows]

Apparenlty Chick Young got a bit of a kicking from the BBC because he announced on air that Gary Locke was being paid while the Players werent. Not sure when he did this but apparenlty the entire hearts team bus heard it either on the way to a game or a training session hence why Locke was fucking raging

[scotfree]

:lolabove:

[tom_widdows]

the follow up to that was Locke apparenlty isnt being paid

[glasgow sheep]

http://news.bbc.co.uk/sport1/hi/football/16150877.stm

 

Some Hearts players are ready to sign a letter of official complaint to the Scottish Premier League over unpaid wages, BBC Scotland understands.

 

That would be enough to trigger an investigation by the governing body.

 

The majority of the first-team squad at Tynecastle have yet to receive their November salaries and their December pay is due on Friday.

 

And several Hearts players are ready to complain to the SPL should that payment not be forthcoming.

 

There appears to be a split in the camp over the appropriate course of action, with other players as yet unwilling to call in the authorities.

 

Hearts' squad, which has been advised by the Professional Footballers' Association Scotland, last week voted against walking out over the delayed payments.

 

But it would only take one player to make an official complaint to the SPL to give it the power to act.

 

The Scottish Football Association has told the union that it is not within its power to intervene, while the SPL has ruled out suggestions that it could withhold money from Hearts in order to pay the players directly.

 

However, SPL chief executive Neil Doncaster admits that an investigation would be forthcoming should he be requested to carry one out on behalf of one of the Edinburgh club's players.

 

"We cannot do anything until we receive a complaint," he told BBC Scotland.

 

"However, should we receive a complaint, the SPL has a duty to investigate and adjudicate on that contract."

 

Hearts owner Vladimir Romanov recently stated his willingness to sell the heavily indebted club, with a hefty tax bill being initially blamed for the delay in wages.

 

The club has stated its desire to significantly trim its wage budget in the coming months and striker Calum Elliot on Monday became the third player this month to agree an early termination of his contract.

[mizer]

http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/3997336/Wages-row-takes-gloss-off-for-Black.html

 

IAN BLACK is working as a part-time painter and decorator as the Hearts wage row bites.

 

The Tynecastle players have been hit hard with no sign of their pay packets for the last two months.

 

And the midfielder is struggling to make ends meet so much he was out helping a tradesman pal in Edinburgh on Monday to make some extra cash.

 

SunSport can reveal Black's feeling the pinch ahead of Christmas as he struggles to buy presents for his eight-year-old daughter.

 

A source told us: "Because the players are not getting paid, it got to the stage where Ian's now started working for his mate.

 

"He owns a painting and decorating business and Ian was out doing hard graft on Monday on his day off.

 

"He is looking at the possibility of working twice a week for him in the run up to Christmas.

 

"He said to the gaffer last week he might have to work on a Monday and Tuesday because he has to put food on the table for his kid.

 

"He has got an eight-year-old daughter and needs money to go out and buy Christmas presents as well as put food on the table."

 

The players have had one £1,000 payment but the rest is nowhere to be seen and their December wages are due to be paid on Friday.

 

But our source added: "We are not expecting to get paid on Friday at all."

 

Players are suffering in the pocket and SunSport understands some players can't pay their bills.

 

Our source, who is a first-team regular, said: "I am having to avoid my bills and I have constantly been getting reminders.

 

"I have a mortgage as well but I have spoken to the lenders and they are not too bad with me about it just now."

 

[TENEMENTFUNSTER]

Girfuy.

[dave_min]

I bet its Wiggy whos signed him up as a fucking painter.

 

The cunt.

[glasgow sheep]

Ian Black is a moonlighting cunt.

I presume he'll be paying his tax on this second job 

[Tyrant]

Wouldn't mind that cunt Black at AFC club.

[Penfold]

Wouldn't mind that cunt Black at AFC club.

 

[Penfold]

Has there ever been a more appropriate sponsor for a football club than Hearts'?

[mizer]

More bad news for hearts but no surprise at this even though Edinburgh City Council are incompetent.

 

http://www.scotsman.com/news/politics/city_pulls_out_of_joint_stadium_plan_with_financially_troubled_hearts_1_2006757

 

TROUBLED football club Heart of Midlothian has been dealt a major blow after it emerged Edinburgh City Council is unwilling to build a joint stadium with them.

 

The Scotsman can reveal that the local authority has backed away from the prospect of pursuing a shared “community stadium” with the SPL club two months after it emerged secret talks had been held over the idea.

 

Vladimir Romanov’s club, where players have suffered repeated wage delays, will be told to pursue a new stadium on their own despite pleas for the council to strike up a “formal partnership”.

 

Senior councillors have admitted the club’s chances of striking a formal deal with the council have been damaged by adverse publicity over its financial affairs.

 

They have also ruled out further taxpayers’ money being used to help Hearts find a new stadium, although council officers will be on hand to advise on suitable sites, particularly those on green belt land, which are likely to face a prolonged planning battle.

 

A joint £30,000 study, partly paid for by the council, had warned that redeveloping the club’s existing Tynecastle stadium was “not a viable option”, and recommended that a detailed business case for a new stadium be drawn up with the council.

 

However, the local authority, which has come under fire from city rivals Hibs amid allegations of bias and favouritism towards Hearts, has stopped well short of backing a shared stadium. The council admitted last month that it would be expected to bankroll any shared stadium, with Hearts merely acting as tenant.

 

Now Hearts are expected to be told to carry out any further work on a new stadium themselves, when councillors discuss the idea for the first time next week. The council is also expected to continue giving the club advice from officials and consider a possible land-swap should the club find a suitable site for a stadium that the local authority owns.

 

However the city’s economic development leader has raised concerns over Mr Romanov’s recent valuation of the Tynecastle ground at £25 million and said any new development on the site would face significant planning hurdles.

 

Tom Buchanan said: “We simply cannot afford to get formally involved in a project like this in the current climate. If the club is looking to enter into any kind of formal partnership to get a new stadium built it will have to be with another party.

 

“The one thing we could potentially do is look at some kind of land swap if the club finds an alternative site that is owned by the council. However, I certainly do not agree with Mr Romanov’s recent valuation of Tynecastle. The site has a number of planning constraints and health and safety issues that would affect any new development there.

 

“The big problem is that I cannot see the council entering into any kind of partnership with a football club that is not paying its own staff at the moment. It has certainly not help their case with the council at the moment.”

 

No-one from Hearts was available for comment.

 

However, an official statement last month from the club said there was a “quantifiable need” for a new community stadium in west Edinburgh, adding that it was prepared to participate in a “strong partnership” with the council.

[Jute]

At least Jambos got the council to pay for part of study into the stadium.

[manc_don]

A consortium interested in buying Hearts have revealed that they are being thwarted at every turn by club owner Vladimir Romanov. (Herald)