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Then they could maybe make an offer to buy hearts fc that would not have any debt to the lithuanian banks. if not sevco forms but we have Tynecastle
When the foundation of hearts came on the scene it was said it was fronted my business people who were millionaires, if their is 4 of these people? then i meant they each could pay between £1m-£2m pound each which would secure Tynecastle! the estimate of the price of land is £6m ?
If St.Mirren made enough to clear their debts and build a new stadium from the sale of St.Mirren park in the stockbroker belt that is Paisley, why on Earth would anyone expect to be able to buy Tynecastle for £2m?Does naebdy wunner how Hearts were able to secure so much debt on it?Clue: collateral must have a > or =l value to the loan it is covering.Start with an offer of £15m
The best way forward is for the foundation of hearts main business men to buy tynecastle and forThe club to fold! Hearts without tynecastle would not work as would trying to survive with the debt. Why can't these main millionaire business men not put 1million or 2 in to buy tynecastle, the land would be their guarantee of not losing money if they looked after the club in a proper manner!
The arrogance of some on here is astonishing..."We have to get rid of the debt so going to the 3rd division and starting again is acceptable"Really?? How about taking responsibility for your debts and ensuring that you have a self sustaining model of finance in place to prevent the debt going into astronomical figures.
I bet Dundee Utd are glad they didn't let Romanov near their club!
i really can't make my mind up , i work near the stadium ...... do i want Tesco or Asda ??? mmmmmm
#19May be wishful thinking on your part. They will simply sell to the highest bidder, you might have the club but not the stadium and even if you have the stadium you might be renting it and being bled for years to come.
Not nationalise - public / private partnership. Central government could provide financial guarantees to councils to make it work.Clubs would become sports clubs that are focussed on local communities. The professional side would have a readymade source of young players and supporters by linking back into the local community.It works in Europe, why not here?
Nationalise? Where are the councils going to get the money from to buy over the grounds. Only council owned ground I know of is Broadwood and Clyde are being evicted at the end of the season. Hope Hearts stay in existence Think they'll survive Administration until June so mean staying in SPL and start next season with points deduction.
A lot of unfounded partisan nonsense here. The dodgy bank belonging to the dodgy Romanov will get peanuts back and will write off most of this debt. They have bigger fish to fry. How much of this debt was real anyway? It has already been asset stripped.
I used to support hearts until the mad ones took over,just like rangers before them, they knew what could happen, its just a business at the end of the day,if they go out of business, then they get a chance to start again like rangers did...but how many clubs will it take to realise there is a problem in Scottish football? the clubs need to be kept in line with what they can earn, its a no brainer
HAHAHAHAHAHAHAHAHAMon the Caley Jags!
Why don't we start again but with only 16 semi-professional teams and a lower league of under 21s to supply the upper league of freash players once the other leagues buy out the good semi- professionals. And yes do it in summer.
As a Rangers man, all fans should remember that any majority shareholder can sell their shares to nutballs who run their club badly. It could happen to Celtic, Aberdeen, any club. Fans are in an impossible position. Even if Hearts are put out of business, the club will reform. Their fans will learn that their club is much more than a business. Hearts will always be.
@13 - you're on to something. We need some kind of a public ownership aspect to football in Scotland, partnerships with local councils on facilities and sports clubs? Seems to work well in Europe.Commercially the SPL is a busted flush anyway, so it's time to do what needs to be done to ensure that football is still a participation sport in this country in 30 years time...
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