El Padre™ Posted March 24, 2010 Report Posted March 24, 2010 Hearts have dramatically scaled down their £50m stadium redevelopment plans at Tynecastle, with the budget to build a new stand now set at between £10m and £15m. (The Scotsman) That reads as - "Fuck your new stand, it's not happening, ever" Quote
mizer Posted March 24, 2010 Report Posted March 24, 2010 Scotland play Holland on March 28 - but who will win? Hearts slash budget for a new stand to £10 million Premium Article ! Your account has been frozen. For your available options click the below button. Options Premium Article ! To read this article in full you must have registered and have a Premium Content Subscription with the The Scotsman site. Subscribe Registered Article ! To read this article in full you must be registered with the site. Sign In Register Click on thumbnail to view image Click on thumbnail to view image Click on thumbnail to view image Click on thumbnail to view image Click on thumbnail to view image « Previous « Previous Next » Next » View Gallery Published Date: 24 March 2010 By Darren Johnstone HEARTS have dramatically scaled down their £50million stadium redevelopment plans at Tynecastle, with the budget to build a new stand now set at between £10million and £15million. Fans have been told the club remains committed to building a new 11,000-seater main stand despite confessing to being over ambitious in their initial plans. Proposals for a major face lift of the surrounding area that was to see a hotel, offices, ADVERTISEMENT gym, residential apartments and conferencing facilities being erected in tandem with a modern grandstand have now been scrapped. Instead, Gorgie officials have vowed to concentrate solely on replacing the existing main enclosure in the "near future". Director Vitalijus Vasiliauskas said: "We're not forgetting our main task to build a new stand, we wanted to build a bigger one but this one will have almost 11,000 seats with additional boxes and hospitality area. "During the last year, we have been changing the existing plan. It was maybe a bit too ambitious to build such a big development that cost £50 million and the current financial climate helped us to make a decision. We're willing to build only a stand. We're looking to build a stand with hospitality areas. We are working with architects, it's not as fast as we or you want us to proceed but we're trying to do our best. "We are willing to create a new scheme in the near future without the commercial development. We are reducing our budget dramatically, it will be about £10million to £15million to build instead of the previous £50million." Speaking at a season-ticket holders' question and answer session with club officials on Monday evening, Vasiliauskas admitted he is working at cutting through red tape as Hearts seek planning permission for a new stand. He added: "It takes time, we are developing issues in the surrounding areas. "We have issues with the city, with the whisky plant next door, with the High School; it's a very tough process and we need more time." Vasiliauskas admits the club, that is £30.48 million in debt, is wary of new Uefa financial regulations that come into force at the start of the 2012/13 season as they consider plans for stadium redevelopment. The financial fair play initiative requires clubs to break even or post a profit during a three-year cycle. Any teams that repeatedly make a loss over that period could be barred from entering the Champions League and Europa League. Vasiliauskas added: "We have some new regulations, we have to break even as a club budget by 2012 due to Uefa regulations. We're willing to break even and after we will look for potential development." Quote
mizer Posted March 24, 2010 Report Posted March 24, 2010 Apparently forth 1 have just played an interview with the hearts spokesman saying romanov is looking for an investor in heartd Quote
Mentorred Posted March 24, 2010 Report Posted March 24, 2010 Hearts have dramatically scaled down their £50m stadium redevelopment plans at Tynecastle, with the budget to build a new stand now set at between £10m and £15m. (The Scotsman) That reads as - "Fuck your new stand, it's not happening, ever" Who was it that built your stand Lego Lego land. Quote
mizer Posted May 4, 2010 Report Posted May 4, 2010 HEARTS' parent company, Ukio Bankas Investment Group, are preparing another debt-for-equity swap to reduce borrowings at Tynecastle after the club announced debt of £34.78million in their annual accounts. UBIG wiped £12m from Hearts' debt with a funding-for-equity scheme in July 2008, and a similar operation is planned later this year to improve financial stability. Hearts' accounts for the year up to 31 July, 2009, show debt has risen by more than £4m from £30.48m the previous year, and club officials have confirmed there are plans to take action. UBIG have voluntarily reduced the overall debt with a £500,000 donation this year but a more significant sum will be announced in the not-too-distant future, in exchange for equity in the club. Hearts' costs have been reduced by over £3m with the wage bill cut by seven per cent, finance costs down 19 per cent and operational costs down 31 per cent. The club posted a loss of £8.6m for the year, a notable decrease from the previous year's £11.2m. The accounts in question include wages paid to high earning players such as Christos Karipidis, Bruno Aguiar, Robbie Neilson and Steve Banks, all of whom have since left Tynecastle and consequently brought the current salary bill down. Transfer income was recorded at £1.81m, largely a consequence of Christophe Berra's transfer to Wolverhampton Wanderers in January 2009. Hearts officials remain cautiously optimistic over the club's future. A club spokesperson said: "We are heading in the right direction with regards to increasing operational efficiency. We are looking to the future with cautious optimism." A club statement read: "The board remains focused on improving revenues, increasing efficiencies and reducing costs across the business. The club's employment costs will continue to reduce significantly in seasons 2009/10 and 2010/11 as a number of players reach the natural end of their contracts. "This will in turn assist the club in bringing the budget for playing staff closer to market standards without compromising on quality." Hearts' shirt sponsor for next season will continue to be Ukio Bankas. The club had examined possible replacements for the Lithuanian bank but opted to continue with their name and logo emblazoned across next season's kit. Quote
tsr Posted May 4, 2010 Report Posted May 4, 2010 Seems to be changing times at Tynecastle, crazy debt but in effect if the debt is held by the bank of their owner not a big deal? Quote
Azteca1903 Posted May 4, 2010 Report Posted May 4, 2010 Seems to be changing times at Tynecastle, crazy debt but in effect if the debt is held by the bank of their owner not a big deal? Aye, until he gets bored/has a breakdown and fucks off. Quote
TENEMENTFUNSTER Posted May 4, 2010 Report Posted May 4, 2010 Seems to be changing times at Tynecastle, crazy debt but in effect if the debt is held by the bank of their owner not a big deal? Because banks, particularly the 5th biggest Lithuanian bank, are known for being as solid as fuck. Quote
mizer Posted July 27, 2010 Report Posted July 27, 2010 http://sport.scotsman.com/football/Hearts39-Hartley-snub-reopens-old.6441290.jp reports emerged yesterday that a disgusted Hartley had pulled the plug on his proposed return to Tynecastle following a needless demand from club owner Vladimir Romanov that he sign a declaration distancing himself from involvement in the Riccarton Three episode back in October 2006. The fact there has been no denial from club or player speaks volumes. Jim Jefferies has been keen to land the 33-year-old midfielder since it became apparent he was desperate to return north from Bristol City to be closer to his family in Scotland. The manner in which the transfer is said to have hit the buffers will have come as a body blow to the Hearts manager, coming at a time when it looked as if he might just be succeeding where so many of his predecessors had failed in keeping Romanov's notorious interfering to a minimum. The player's wage demands were modest in comparison to what he'd been earning in recent years at Hearts, Celtic and Bristol City, and, with Tynecastle always having been Hartley's first-choice destination, an agreement suitable for both parties had been all but reached - pending Romanov's ratification - since a week past Friday. It looked like a done deal, but Aberdeen manager Mark McGhee, who has now emerged as the favourite to secure Hartley's signature, perhaps had something of a premonition when he told press after his side's friendly with Tamworth on Saturday: "We all know Hearts are unpredictable. It's never a done deal until it's finalised." And finalised it wasn't, as Romanov's alleged request appears to have scared off the Hearts Hall of Fame member at a time when the club were just beginning to re-establish some grounds for optimism under Jefferies. What effect the collapse of the transfer will have on the manager's hitherto-steady relationship with the majority shareholder, we will only find out in the coming weeks. Quote
Penfold Posted July 27, 2010 Report Posted July 27, 2010 http://www.hmfckickback.co.uk/index.php?/topic/76226-haha-mcgoo/ http://news.bbc.co.uk/sport1/hi/football/teams/h/heart_of_midlothian/8860843.stm Quote
Nellie The Don Posted July 27, 2010 Report Posted July 27, 2010 http://www.hmfckickback.co.uk/index.php?/topic/76226-haha-mcgoo/ http://news.bbc.co.uk/sport1/hi/football/teams/h/heart_of_midlothian/8860843.stm Knee operation forces Hearts' striker Kevin Kyle out Kyle requires a small operation on a persistent knee injury Hearts striker Kevin Kyle is likely to miss the start of the season as he requires an operation on a knee injury. He joins fellow forward Andrew Driver on the sidelines for the start of the new Scottish Premier League campaign. Kyle rejected a big-money offer from a club in Greece before signing a two-year contract with Hearts after leaving Kilmarnock at the end of last season. The 28-year-old Scotland striker has been re-united with manager Jim Jefferies, who took him to Rugby Park. The Tynecastle club lost 3-1 to Dunfermline in a pre-season friendly on Tuesday at East End Park. After the match, Jeffries admitted that he has made inquiries about bringing in another player to the squad, but declined to say who. :lolabove: :lolabove: 'Persistent'. How utterly, utterly marvelous. Quote
Penfold Posted August 14, 2010 Report Posted August 14, 2010 Hearts have had to suspend ticket sales after hundreds of season ticket holders couldnt get in today. After eventually dishing out "free" tickets to folk they turned up at their season ticket seats to find they had been sold to other people! Joke club. Quote
TENEMENTFUNSTER Posted August 15, 2010 Report Posted August 15, 2010 Hearts have had to suspend ticket sales after hundreds of season ticket holders couldnt get in today. After eventually dishing out "free" tickets to folk they turned up at their season ticket seats to find they had been sold to other people! Joke club. Can I just thank the Hearts owner for making yesterday possible. Thankyou. Quote
BobbyBiscuit Posted September 13, 2010 Report Posted September 13, 2010 Kenny Clark sticks it to Jim Jefferies and the jambos: "Any complaint by Jim Jefferies will be treated with the disdain it deserves," he told BBC Scotland. "Ultimately, if someone has been abusive towards the match officials during the game, I don't think the match officials should entertain them after the game. "This was Hearts' first real test of the season after being on a good run and these remarks appear designed to distract everyone from their defeat. "The Hearts fans, judging by the internet message boards, have bought into that rather than examining the manager's tactics and his players' performances." http://news.bbc.co.uk/sport1/hi/football/teams/h/heart_of_midlothian/8992451.stm Quote
wee toon red Posted September 13, 2010 Report Posted September 13, 2010 Kenny Clark is a knobend. I read him having a go at Dingus as well. An ex referee who no doubt went squealing to the SFA when players and managers had a go at him has a cheek to peform such a u-turn as soon as the media's shilling is waved in front of him. He backs the refs every week no matter how blatantly wrong their decisions may have been, therefore his opinion is worth zip. Having said that, get it up the grumpy bastard Jim Jefferies anyway. Quote
TENEMENTFUNSTER Posted September 13, 2010 Report Posted September 13, 2010 Think Clark is behaving in a similar way to that he accused Jefferies of doing, for differing reasons. Clark "Look at me being all controversial slagging managers and (quelle surprise) backing match officials". Cunt. Fucking cunt. Quote
capitalsharpie Posted September 13, 2010 Report Posted September 13, 2010 The untoachability of SFA referee's is quite frankly disturbing. Our game as a whole suffers because match officials are accountable to no one and there is no avenue to bring a referee's decisions to judgement. Because of this the rerereeing standards remain stagnant as they refuse and are unwilling to learn from thier mistakes. The biggest change to refereeing in recent times was to remove thier location of residence from the matchday programme. Kenny Clark caused me no end of anguish when he was plying his trade at Pittodrie. A hun with a whistle, you're just a hun with a whistle. Quote
Kowalski Posted September 14, 2010 Report Posted September 14, 2010 Anyway, the official has been proved to be correct and it looks like Jeffries is getting hauled across some hot coals: http://news.bbc.co.uk/sport1/hi/football/teams/h/heart_of_midlothian/8992451.stm Quote
manc_don Posted September 16, 2010 Report Posted September 16, 2010 I see Hearts have signed Skacel today after he left Larrisa. Quote
dave_min Posted September 16, 2010 Report Posted September 16, 2010 I see Hearts have signed Skacel today after he left Larrisa. Not entirely sure we should be laughing at that! (assuming he's still at least half the player he used to be) Quote
BobbyBiscuit Posted September 16, 2010 Report Posted September 16, 2010 last time i saw him play was as a full back for Southampton. Worth a look? Quote
manc_don Posted September 17, 2010 Report Posted September 17, 2010 Not entirely sure we should be laughing at that! (assuming he's still at least half the player he used to be) I wasn't laughing I just didn't think it warranted its own thread! Decent acquisition by the tarts. Quote
mizer Posted September 17, 2010 Report Posted September 17, 2010 http://www.youtube.com/watch?v=wd6KvT7Q9fM Quote
Tyrant Posted September 17, 2010 Report Posted September 17, 2010 Sometimes I struggle to comprehend the awsomeness of Derek Riordan. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.