Don’t bet, tardy payers and immersed in our culture

1179

Quick question for you.  Which Scottish team has won their last four home games, scoring 13 goals in the process?  St Mirren are on a run of form at home.  One of those wins was against Second Division opposition, but remember, this season, Second Division teams are on a par with AC Milan in the early 90s.

Ross County scored four at St Mirren Park but St Mirren scored five, while Hearts were despatched 2-0.  This is a team with good home form who kept their squad in place over the international break.  My best advice to you is to avoid betting on this one.

Many clubs have trouble paying their bills but the problem with Hearts and their regular tardiness when it comes to wages, evident again this month, appears to be different.  Hearts cash balances will have peaked weeks, possibly months, ago.  From now on they will be eating into ‘reserves’, or more likely, accruing additional debt at their owner’s bank.  The club have been here many times before and Vlad has dipped into the equivalent of his commercial pocket to avoid an insolvency event but I’ve always found it curious why he didn’t do so on time.  It’s not as though anyone can be surprised pay day is coming.

As such, there appears to be a degree of control over late payment.  The money is always provided but not before pain is passed down from owner to earners, which is a bit curious.

For all his faults, and they are many, Romanov and other shareholders in Ukio Bankas have ‘invested’ countless millions in Hearts, money they are unlikely to get back with the residential property market so depressed.  They have also not exposed the club to outrageous fortune – the overwhelming majority of debt is owed to the bank itself, balances at HMRC and other creditors are low, and they pay their football debts.  This means that if Hearts go into administration, the route back through a CVA would be clear.  The only serious losers would be staff made redundant, while Ukio would face a write-off, perhaps already acknowledged internally.

I was surprised at the news Danny McGrain was appointed first team coach yesterday but also delighted.  Danny’s was not a name mentioned for the position when Alan Thompson left the club but he is immersed in the fabric and culture of our club.  ‘In the days of changing ways’ a strong thread of continuity is an invaluable asset in ensuring the new generations acquire the important elements of our identity.

We are a club in touch with all that is important.

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  1. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    weeminger

     

     

    18:30 on 19 October, 2012

     

     

    Respect your view, but I valued my religious / cultural development, and still do …….. Ask yourself why this is not an issue in England, Wales, in any other Country other than Scotland.

     

     

    A very good development is that an increasing number of Non-Catholics are actually sending their children to Catholic schools, and vice-versa…….. So, choice is now to the fore………….

  2. jmccormick @ 18:30

     

     

    Ah bollocks, now we’re caught up in this flamin debate :))

     

     

    Another reason why I’m very much against independence just now – the Scottish establishment is far more corrupt than the British one. The legal system here is horrendous. The police service here is horrendous.

     

     

    I echo weeminger’s post just there. After the “bill”, and the nonsense surrounding it, who does Salmond appoint as the Chief Copper role for the new national scottish polis. Genuinely frightening.

     

     

    Given the current inability of Scotland to self-analyse, independence at this point in time would be madness.

  3. ernie lynch

     

    Hello , admire your posts over the past few months. In answer to your question, not enough, obviously.

     

    Despite this, I still see no need to change my opinion. I just wish I could bet back on to talking about football.

  4. Paul67

     

     

    the one thing I really like about the blog and your posts is that you never ever underestimate the challenge of the spl and upcoming games,this weekend is no exception, let’s hope we hit the ground running

  5. Fortunes Favour Mibbes

     

    18:42

     

     

    Ah bollocks, now we’re caught up in this flamin debate

     

     

    there was me thinking nobody read my posts as well. sometimes anonymity is a splendid comfort blanket. Last time I got involved here was because I had the temerity to watch the Benfica match with a Sevco fan……the stick I got from the broad minded minority on here ( there`s that sarcasm again) was pathetic.

     

    Football will always be my preferred subject.

  6. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS on

    LENNYBHOY

     

     

    Not been on to post my thanks to all concerned for a truly brilliant evening,but the guilty will be named when I get home on Sunday.

     

     

    Apart from the one or two who bunged me a tenner to keep quiet-aye,yeez know who you are.

     

     

    HAMILTONTIM refused to buy my silence,thinking a wee trip to France-more “ROAMIN'” charges for him,I fear-would get him off the hook.

     

     

    Nah……..

     

     

    A seriously good night,bud. Hopefully it will be repeated some time in the near future.

     

     

    Cheers!!!!!!!!!!!!!!!!!!!!!

  7. Have to say that I am somewhat surprised to see Danny McGrain joining the 1st Team squad……………………

     

     

    think it will be a bit much to expect a 61 year-old over-lapping full-back to play for 90 minutes!

     

     

    Will be nice to see him in the dugout though! :-)

  8. fergus slayed the blues on

    I think that celtic fans universally agree that Minty got Ibrokes valued at 120m to cover debts of 80m .

     

    With CG saying they have a valuation of 80m ,do we think he is trying to tell us something .

  9. Weeminger – you are missing the point on the bill.

     

     

    WHY was it passed – what was its purpose?

  10. Ten men

     

     

    Do you mean i cant be made pay the 900k i pledged from my ten letters of interest :()))

  11. Oldtim

     

     

    A disaster it was and no human being would entertain songs about that

     

     

    Although the zombies forget big jock pulling the injured from the crowd and make up lies and songs about the guy

  12. ibleedgreenandwhite1 on

    Green on SSN saying £19 million been pledged so far!!!

     

     

    Seems like an honest fellow,,,so I believe him. : )

     

     

    HH

  13. Fortunes.

     

     

    You might be able to enlighten me.

     

    Is the qualifications aquired when graduating from st Andrews on par with the qualification awarded to graduates from jordanhill.

     

    I’m sure i’v heard before that if our schools amalgamate with non demominatial schools our qualification would be classed as inferior.hh

  14. hen1rik, 18:48

     

    Follow up to one of his blogs … as is his wont. You won’t be disappointed

  15. Kilbowie Kelt

     

    18:03 on

     

    19 October, 2012

     

     

    Ernie may get it wrong sometimes, but he exhibits traits of humanity that the Mynah Bird’s Apprentice would not even understand.

     

    ————————————————————————————–

     

    Kilbowie,I must missed that post when Ernie got it wrong.

     

    Embdy got a link :O) HH

  16. Any genuine investors who are going to put money into

     

    Crazy Chuckies Circus would do well to read Thoughts

     

    re scots law If you sup with the devil use a long spoon.

     

     

    For everybody else it`s worth a read.

  17. Lennybhoy @ 19:10

     

     

    Once the tabloids collapse and the sleekit churnos are well gone, it will be interesting to see what comes out about the cheeky chappie, and how the hoardes respond….

  18. Lennybhoy…Supporting Neil Lennon and CFC until I die

     

     

    Brilliant matey cheers.

     

     

    Everytime you think there can’t be much more bad news for the Sevco boys out pops more great news for us bhoys lol.

  19. 67Heaven ... I am Neil Lennon..!!.. Ibrox belongs to the creditors on

    Off to the cinema with the grandson. ………TAKEN 2, thought the first one was brill……not to mention the chocolate and popcorn ……LOL

  20. sipsini @ 19:21

     

     

    Sorry amigo, I have no idea.

     

     

    I’ve known a number of folk that were trained at Jordanhill, but none at St Andrews. I’m not involved with the teaching profession at all. Would be interested to hear you elaborate on that though? (Personally, I think all teachers are a wee bit dumb, and sanctimonious in their igonorance, between you and me – they are especially dangerous when they send their pupils to represent their point of view in national debates though :)) )

     

     

    (Although I hasten to add, my primary teacher at St Augustine’s was the main mhan!)

  21. The Battered Bunnet on

    Rangers: The Official Illustrated History – a new book to mark the club’s 140th day – was officially launched today

  22. fergus slayed the blues on

    ibleedgreenandwhite1

     

    So they are still short with a pledge census ,how much can they rely on this for hard cash

     

    I know if I were a pledge member , I would put my checkbook back in the drawer when I hear CG saying he has had the assets valued at 80m

     

    At least TGEF had the decency to at least look shifty when talking Gladys Knight

  23. Watching end of Channel 4 News

     

     

    Advert for a Derren Brown show

     

     

    Apparently some gullible citizen is convinced the apocalypse is happening

     

     

    Wonder how Derren got that idea for a programme?

  24. Initially I thought Green was quite sharp

     

     

    Now I think he’s just a loud mouthed gobsh1te

  25. TBB @ 19:34

     

     

    I take it we need to bid for that on ebay? Or has it been launched on the old pyrmamid (recommend a friend) investment scheme, with completed copies to arrive at the doorstep once 5 Million peepil have pledged their financial support?

     

     

    Is the author C Low Green?

  26. I would love to pledge some cash to Chuck and his Crazy House of Zombies, unfortunately I’m a little cash strapped at present what with all the pledges I made to the “scavengers” or was that ” save the gers” appeal.

     

     

    AdolphschickelgruberCSC

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