With Ukio Bankas bankrupt there is an acceptance that Hearts, who owe the bank in the region of £15m, will go into administration shortly after the end of the season. This might not be the case.
Hearts major problem is their major asset, Tynecastle Stadium, which occupies a valuable patch of land in Edinburgh. If administrators acting on behalf of Ukio have free access to the stadium they may shut it and look to recoup their loans by selling the land. There is a possibility Hearts could be a football club without a stadium, but that does not necessarily mean they will go into administration. Without a stadium to use the club would be liquidated but there is a possibility they would be able ground-share.
Hearts tested the land value before the property crash and received an offer of £22m from a house builder.
Alternatively the bank’s administrators could use their considerable influence over how the club is managed to sell their shares or come to some other arrangement (Ticketus, anyone?). When the major creditor has this much control of the company without administration, going through the formal process could actually harm their chances of getting their money back.
Hoops 4 Haiti, who assist in the relief of poverty and suffering in Haiti, are holding a traditional Irish music night at Roderick Dhu on Waterloo St, Glasgow on Saturday 11 May. Live entertainment and a buffet for only £7.50, get your tickets here. You can find out more about Hoops 4 Haiti here.
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Good to see St Mirren go one behind, The Unseen handing is guiding your future Stewart..
HT. Reds deserve their lead but have yet to really click
prestonpans bhoys 15:17 on 4 May, 2013
More quality on the park in the Irish final than … at the bigotdome
__________________________________________________
Totally agree. Cliftonvile have dominated, brilliant!
That is some blue suit the presenter is wearing. I bet Tanner goes out and buys one.
Pretty sure that is a band suit.
Johnny Russell wants to play overseas if Dundee United decide to sell the forward in the summer.
The 23-year-old has a year of his Tannadice contract to run and Italian club Catania have had three approaches for his services rejected.
“I think if anything I’d prefer to go abroad,” he said. “When do you ever see a Scottish player going abroad?
“I’d like to maybe go and show that the view they’ve got on Scottish football is inaccurate.”
Russell is United’s leading scorer for the season with 20 goals but has been sidelined since early March with a broken leg.
In recent times, David Goodwillie and Scott Allan were lured away from Tannadice by Blackburn and West Brom, respectively.
But Russell is eyeing a potential move further afield, hoping to follow in the footsteps of Scots like Graeme Souness, Steve Archibald, Murdo MacLeod, John Collins and Paul Lambert, who enjoyed success on the continent.
“Technically, I think it would improve me as a player,” he explained.
“For me, it’s not about money.
“You could be getting all the money in the world, but if I’m not playing then I’m not going to be happy, so I won’t ever make a decision in my career based on money, because you’ve seen it happen, you don’t want to go somewhere and your career to stall, or one bad move and your career is over.
“So, I think if I felt it was right for me then that would be it.”
However, Russell is taking nothing for granted as he seeks a return to action.
“The current situation is I’m still a Dundee United player and I’m happy at that,” he added.
“It’s always nice to hear nice things about you, that other teams are interested, because it shows you’re doing well and it gives me a wee bit of a boost because obviously I was out with my fractured leg.
“But until Dundee United choose to accept a bid I’m a Dundee United player and I’m happy at that.”
asonofdan
That suit should be banned:-))
For those without Sky:-
2nd half, Live coverage of Cliftonville against Glentoran in the Irish Cup final from Windsor Park.
This is a live stream of BBC Two Northern Ireland.
Available to UK users only.
http://www.bbc.co.uk/sport/0/football/22364792
So the ear whisperer has let the mask slip, no matter what he says or does, no matter what he sings or hums,
They’re still a tribute act
Their club and history are gone
Maybe Vincent Lunny will explain it further when Sally explains what his statement there actually means
Go on Vincent, you know you want to.
BMCWP
Exeter
I would quite like Brighton to get into EPL. Their fans suffered for years and did not even have a stadium for a long time.
Richie
Thoughts & Prayers with you and your family at this time.
My faith started to grow again after the loss of my da.
Strange as that may seem just now..
Y.N.W.A
ten men won the league
Boyd and Miller went to Turkey and lasted a season.
Russell might cope in a Scandinavian league.
Borussia Dortmund – Bayern Munich
18:30 tonight
Is it on the telly?
Hey guys
To say thanks for all the support I’ve had, I’m offering my novel “Believers” for free on Kindle over the next 30 odd hours. Thanks to everyone who’s bought one and given me the encouragement to keep at it.
Love and respect to you all friends!
http://www.amazon.co.uk/Believers-James-Forrest/dp/1482682109
All I ask is that anyone who reads it and likes it leaves a review. Much appreciated.
Inverness 3 up….the hun handshake at work again?
Murderwell gettin poked
St Mirren gettin beat
Off to do the lottery
Ten Men Won The League
Kev J will be throwing the toys oot the pram when he reads that..
sipsini
15:31 on
4 May, 2013
Inverness 3 up….the hun handshake at work again?
—————-
The banker bet of the day :))
Che, missed it what did the best manager ever say.
Doc is Neil Lennon
WATP into the mike live on Sky..
“We are the people!”
With our erse hinging oot our trousers and not even 2 bob to rub together.
Priceless and if rumours are true the timing is perfect.
lol!
james forrest is neil lennon! we are all neil lennon!
15:31 on 4 May, 2013
Does that mean I get a refund then?;-)
Saving it for my holidays.
IANBHOY929
Not too far from Bristol,meeting a few next week for a title party
Let me know if you want to join us,you will be very welcome!
Last time I was in Exeter was rather enjoyable,a pub called the King Billy,and it does not have the allegiance you might think!
Anyway,if available let me know….
Starry, AsonofDan, thanks.
Classy guy that he is.
They really should look up the word dignity in the book, they really don’t know what it means at all. Laughable.
Mrs Prestonpans was watching the Irish final with me and has difficulty with the accents and notes that I don’t then she mentions one of my relatives. I replied “He’s from Derry, no one understands those bhoys!”
Imagine the MSM if someone at Celtic Park ever said Tiocfaidh ár lá live on air! Alex Salmond would no doubt call for a commission etc etc..
Looking forward to port vale v wolves next season – midlands derby
Sallly and WATP comment?
Twenty match ban just to prove impartiality at the SFA
He will no more serve that than chuff and buggeroff served theirs and for the same reason
–
He won’t be there next season.
ASonOfDan
15:29 on
4 May, 2013
ten men won the league
Boyd and Miller went to Turkey and lasted a season.
========
Holiday romances in Turkey last longer than that.
Asonofdan
Rumours?
Doc its on my fb – just in case Vincent Lunny is lurking methinks you may get some calls about this one.
Ya toerag
Who’s the best??
http://www.youtube.com/watch?v=xMMpQNGSKvo
If Sevco go bust again next week I’m going to need a nurse to help me with the laughing pains…
Steakbake deserves all that’s coming to him, the sleekit shall suffer the ignominy of hasbeenism..
Che, I’m away to FB.
bobby murdoch’s curled-up
winklepickers
If Shiels has been charged by SFA over his Celtic comment then they have to act.
Simply the what? Better than all the rest of the fourth tier maybe …
Still they will have big games against the mighty Stenhousemuir and Stranraer to look forward to next season … assuming they last that long.
2-0 Hearts
Could Dundee pull off the great escape?
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS
Was thinking the same.
Today was the fat sleekit cowards farewell speech.
Even some of the deluded dont want to give their money to him to blow,
I dont know what fate will befall the tribute act or what they will be called next season, but for the benefit of all with his and his “death of football” mentor the myth.
He will roll away from fitba duties.
Hearts 2-0 up
Is it wrong that I want bomber to keep Dundee up….do I need to go to confession?