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Posted

Nipped out to the supermarket at FT yesterday, some really cuntish Jambos about. Firstly intimidating a hibs grandfather and about a 5y/o grandson screaming abuse in their faces as they waited for a bus, I honestly though the grandfather was going to get attacked. In the supermarket one drunken neep was knocking over displays shouting 5-1 and then three young guys dancing and loudy talking through how they had punched a hibs fan and ran away. Fucking hate them!

 

 

Away trips to Hearts have always been where I've seen/experienced the most bother. Not that I've seen a lot but there have been a few incidents there over the years that I can recall.

 

One of the last times we'd just beaten them 1-0 I think. We went back to the station after the match and a bunch of them were shouting abuse at us. Luckily it didn't go further than that since for some fucking reason we were the only two cunts in red in the whole area. We must've been the only folk that took the train down.  ::)

 

Fuck Hearts. Pricks.

Posted

Lawyers for Hearts' failed parent company have been told the club will face liquidation if a deal to take them out of administration is not agreed in the next few weeks.

Administrators BDO are waiting for UBIG's 50% shareholding to be transferred to fans and their backers.

However, creditors of the Lithuania-based company have yet to ratify the proposal.

BDO only have enough money to keep Hearts running until the end of April.

Businesswoman Ann Budge is offering to buy the shares from UBIG and Ukio Bankas for around £2.5m on behalf of fans' group Foundation of Hearts, with the long-term aim of handing over control at Tynecastle to supporters.

Continue reading the main story

 

But one of UBIG's main creditors, Sualiu Bank, is unhappy with the terms.

The next creditors' meeting is due to take place on 7 April and, even if agreement is reached, a 20-day period has to subside before a deal can be concluded.

Ahead of that gathering, BDO's Bryan Jackson will travel to Vilnius to meet lawyers handling UBIG's liquidation and also hold talks with David Hunt, the UK ambassador to Lithuania, who has offered his assistance.

The majority of the £2.5m would go to Ukio Bankas, which has a 28.79% stake in the club and holds a charge on Tynecastle Stadium.

For the purpose of negotiations, Ukio's holding has been collated with UBIG's, and Ukio representatives have previously served notice to BDO, that they agree with a draft proposal to transfer the combined stake. However, their creditors are yet to sign off on any deal.

"If the 7 April meeting either doesn't place or isn't very positive, then I think everyone has know for some time that liquidation is a possibility," FoH chairman Ian Murray MP told BBC Scotland.

"The pressure is on them (UBIG's administrators) to get this deal done. A liquidation event gives them nothing. The deal from FoH has been on the table for nearly eight months.

"We are all worried. We want to get this over the line. It's been going on too long now and the information coming out of Lithuania is inconsistent or incomplete.

"We just have to wait out this process. There is nothing we can do about it."

Hearts staved off relegation with Sunday's 2-0 win against city rivals Hibernian but face the drop to the Championship after starting the season with a 15-point deduction.

The club entered administration on 19 June with debts close to £30m and will need to have resolved their situation before 9 August if they are to avoid a similar points penalty for the next campaign.

With all of the uncertainty at Tynecastle, BDO are not selling season tickets but, with around £100,000 a month required to keep the club going, revenue would need to be raised over the summer months.

UBIG, which was controlled by former Hearts owner Vladimir Romanov, had its assets frozen in April 2013 after declaring insolvency, while Ukio collapsed more than a year ago.

 

 

If they were liquidated before the season ended I presume either all points earned against them would be cancelled or every match they played be declared a 3-0 win for the other clubs

 

If it is points removed Motherwell would lose 9 points, Arabs & Caley would lose 7.

Dons on the other hand would either lose 1,3 or nothing depending on wednesdays result.

 

If its the 3-0 option then Motherwell gain nothing, Caley & Arabs gain 2 points and Dons gain 6,8 or 9 (depending on wednesdays result)

 

 

Posted

If they were liquidated before the season ended I presume either all points earned against them would be cancelled or every match they played be declared a 3-0 win for the other clubs

 

If it is points removed Motherwell would lose 9 points, Arabs & Caley would lose 7.

Dons on the other hand would either lose 1,3 or nothing depending on wednesdays result.

 

If its the 3-0 option then Motherwell gain nothing, Caley & Arabs gain 2 points and Dons gain 6,8 or 9 (depending on wednesdays result)

 

 

This is bullshit like:

 

http://www.heraldscotland.com/sport/football/liquidated-hearts-could-forfeit-remaining-fixtures.23853232

  • 2 years later...
Posted

Three years FFS......

Almost three years since this thread got a post.

Christ that cannae be right surely.

Sure now that focus is upon it again, Cathro won't disappoint  ;)

  • 2 weeks later...
Posted

Well, something funny happened yesterday.  Been far too long since we've been able to laugh at them, can't believe it's been 3 years!

 

Yesterday a fan fell through a gate , not helped by his mate mind  :laughing:

 

  • 4 weeks later...
  • 3 months later...
Posted

Jambos in the work are all now desperate for Cathro to get punted as they hope it will speed Levien's exit as well. There are a few who are already talking about not going back until both are gone. Long may their pain continue.

Posted

2-2 draw with Dunfermline sees Hearts go out in a group with 3 part time teams. Hilarious.

 

The ones I know what Cathro out.  Out of his depth and some players want him out as well (source: Youth coach).

 

Not a manager - good coach, but not a club manager.

 

The stand is coming along, and supposedly opening in 6 weeks but might be a delay.  Certainly, there is a shortfall in funding.

Posted

Some Hearts fans are claiming there are rumours Cathro has been sacked. Club denying it though and that nothing will change before the weekend.

 

The majority now want him gone and Macphee to take charge for the beginning of the season.

 

Fans have also had tickets for Murrayfield appear in there booking accounts so looks like there shiny new stand isn't going to be delivered on schedule. Budge is too busy dealing with the stand issues to also be recruiting for a new manager which is good news for the other 11 teams!!!

Posted

Yeah, they have big problems. The stand looks good and glass frontage is going on but can't see it being ready and operational for Sept.  Also, not sold the season tickets that wanted to sell.

 

The Foundation payments have gone up though - £120k a month getting pumped into club via direct debits but some will cancel unless Cathro goes.  Its a risky business - direct debits can be cancelled at will.

 

The dugouts, VIP areas are now in stand - so surrounded by fans.  So like Milne and McInnes sitting in South Stand.

 

Most blame Levein rather than Cathro and want both out. Ann Budge, is now under pressure for being out of touch with fans - supposedly that is what they think.  The foundation payments have been a rod for the club however.  People now pump in £120k a month and want results - they are not getting these so its hard for club rulers.

 

The idea was Cathro came in and reorganised the whole club coaching wise from under 12 upwards but it's failed.

 

Basically, they will by the end of the year have a modern stadium, training pitches but to be honest having used it the training pitches are nothing special.  The adjacent Oriam facilities which do not belong to Hearts are far superior to the Hearts Academy HW facilities which currently look tired.

 

The Hibs training facilities are far superior and more exclusive to the Hearts facilities.

 

Getting rid of Cathro will cost money - lots of money.  They are in a similar situation to McGhee era Aberdeen. Low morale, muddled tactics and lost the dressing room. 

 

 

Posted

The idea was Cathro came in and reorganised the whole club coaching wise from under 12 upwards but it's failed.

 

When they came up with that idea, what was the time frame they had in mind for this re-organisation?

 

If they didn't foresee a tough teething period when they appointed Cathro and bought into his vision for the club, they're idiots.

Posted

When they came up with that idea, what was the time frame they had in mind for this re-organisation?

 

If they didn't foresee a tough teething period when they appointed Cathro and bought into his vision for the club, they're idiots.

 

I'll try and help you.

 

Basically, Hearts are based out at Heriot Watt Uni. It's a training centre which adjoins a wider sports unit at Oriam national sports performance centre i.e. basketball, handball, futsal, netball, rugby is all played.  Hearts occupy a small place in Oriam (the sports unit) but obviously, its a dedicated unit and outside Hearts have 4 Grass pitches and outside 3G pitches. But these pitches are all shared - lots of other teams use the artificial pitches including Hearts but the club has its own training pitches. 

 

The Hearts Academy has teams based from Under 10 upwards - lots of coaches, lots of teams and dedicated facilities for young players and 1st team.  Cathro (alongside Levein) works at developing players from the youth ranks up alongside other coaches.

 

So he was brought in for his visionary approach at youth levels working at Newcastle, Valencia etc.  But he had never been a manager.  So why was he appointed to the role? Hearts fans blame Levein and Budge who they think know nothing about football.

 

When Budge came in (after the Romanov era) a strategic plan was put in place to move the club forward on and off the field. Levein was brought in to reinvigorating the youth set up and football side and Budge sorted out the business side.  Leveins idea was to appoint Cathro and use his knowledge of coaching.

 

The fact that they get £100K plus a month via direct debits shows money is coming in and all that is different to ST sales. 

 

Part of the business development was the new stand - it's coming along and looks good but there is a shortfall in funding for it - they need to find money from somewhere. When Cathro came in they were 2nd and fell away to 5th - that has a knock on in terms of prize money + no UEFA games.

 

While Levein and Budge see the long term and want to work with him (work with Cathro long term and let him develop things coaching wise) football is not like that at management level is it?  He can plan things all day on a laptop to a high technical level, great presentation skills and excellent theory but that is no use if the football is crap and he cannot manage people.

 

There is the added complication that fans (FoH) putting in £100k a month via direct debits means they all want a say.  People don't give money away for nothing - they want a say on signings and direction.  People can stop the DD at any time for example especially those who want Cathro out.

 

Fans dont really care underneath it all if a youth set up is going well or is well planned. Hearts have a structural advantage i.e. stadium that is modern and a training ground but they are miles behind us at the moment on the field results wise.  Cathro cannot get results to save his life and his very poor media skills and very poor communication skills - watch his interviews. He is the opposite to Derek McInnes.

 

So, its all Levein and Ann Budge's fault that such a poor appointment was made.  They got the club on a level footing financially, attracted money and season ticket sales and building a new stand but they majorly fecked up by appointing a rooky manager with no experience of being a football manager.

 

The liklihood is he will go sooner or later just like we fecked up with McGhee. But supposedly they all want Levein out as well.

 

 

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