Vladimir Romanov has grown bored of his Hearts experiment as an investment of tens of millions of pounds failed to change the side from mid-table strugglers into a team capable of something Motherwell seem able to do on significantly less.
Romanov wanted to transform Hearts into the biggest club in Scotland but failed to address the structural limitations of the club. While Hearts may be the biggest team in Edinburgh, Edinburgh is a net exporter of football fans, Tynecastle is squeezed into a cramped corner of the city and provides very little opportunity to harvest corporate income, and, in case you haven’t noticed, there were two well-established competitors in a larger, net-import city with ample corporate income opportunities.
Various Hearts boards have looked to relocate the club or extend facilities at Tynecastle without much headway being made. A bid of £22m was received from a house builder for the stadium some years ago but without a viable alternative the deal stalled.
A viable alternative could come onto the market soon.
If Rangers go out of business Romanov is in a unique position to take advantage. Craig Whyte holds a floating charge on Ibrox and Murray Park but any bid in excess of his liability, which would be considerably less than the value of the properties, which have a book value of £139m, would secure both pieces of real estate.
Hearts could sell Tynecastle and Hearts training ground, raising enough funds to considerably offset what they would need to pay to secure Ibrox, if not provide a surplus, and establish foothold in the Glasgow market to complement their historical Edinburgh fan base. One club would have a pull on a huge proportion of Scotland’s two largest cities.
At a stroke Romanov would ensure his club were for all time, at the very least, the second largest team in Scotland, and, eventually, could push Celtic for top spot.
It would be a ballsy move, but if you want to create a super-club you need to think a little creatively.
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hamiltontim on 4 March, 2012 at 16:22
I only spoke with him briefly as well, just opposite the Burger Bar.
Trust your well.
Keep the Faith!
Hail Hail!
I see Sally has been having a go at the referee after yesterdays game.
Sally told reporters “The referee was to blame for R@ngers defeat. He forgot his name was Crawford Allan and not Allan Crawford”
http://i1268.photobucket.com/albums/jj571/GlasgowRoad/AnJ7okWCEAA7MhZ.jpg
bye bye boys :)
Lennybhoy
I am but shattered.
Got back from Pittodrie and then had a 40th birthday AND a 40th wedding anniversary to attend last night. Too old for all this :-)
RIP Paul McBride.
Statement from PL now on club site.
Jobo, we need Motherwell to drop points before April 1 for the St Johnstone game to be a possible title-clincher for Celtic.
Che
oh I don’t know. I like to remind myself now and again just why they make me feel hate, not an emotion that sits comfortably with me. I find it very easy to make an exception for them.
Some day I shall tell you about my dads funeral…….and why a disrespectful hun learned a painful lesson. If I ever start to feel even the slightest tang of remorse for hating them, I reflect back to that time and find it is a vg reminder to myself to keep hating the ********’s.
Very sad news about Paul McBride.
BMCUW
I’d agree with most of what you posted except that I personally felt the need to comment. As others have said the differences of opinion are all irrelevant now.
notthebus,
Two things wrong with that: the o** f*** refrerence and the fact that they didn’t arrest thousands of others
HAMILTON TIM 1643
Realy no problem,bud. On the subject of your busy schedule last night,I think by attending you are simply endorsing the existence of child brides.
You should hang your head in shame……
RIP Paul McBride Q.C.
Don’t know if this link will work but this is a copy of an e-mail doing it’s rounds on twitter on who will be made redundant, 15 in total, 9 of whom have or are playing in the first Team:
https://twitter.com/#!/gergderkson/status/176339272293552129/photo/1
Keep the Faith!
Hail Hail!
Anyone recommend a good central hotel
in Rome?
Celtic_ First 16.38
On 31st March it`s Motherwell v Rangers.
NOOOOOOOOOOOO REF
I had Adebayor and Rooney for 1st goal.
Glasgow Road on 4 March, 2012 at 16:34 said:
http://i1268.photobucket.com/albums/jj571/GlasgowRoad/AnJ7okWCEAA7MhZ.jpg
bye bye boys :)
Where did you get this from m8???
Hail hail
Celtic First – are you sure, here’s how I see it.
Motherwell are on 51 points having played 29. They have 9 games left so could reach 78 points.
Rangers are 3 better off than Motherwell so could reach 81 points. But if we beat them at the end of the month they could then also only reach 78 points.
We are currently on 75 points so need to get to 79. So a win at Ibrox and a win on 1st April would do.
I think ;-)
Jobo
ibleedgreenandwhite1 on 4 March, 2012 at 16:49 said:
Glasgow Road on 4 March, 2012 at 16:34 said:
http://i1268.photobucket.com/albums/jj571/GlasgowRoad/AnJ7okWCEAA7MhZ.jpg
bye bye boys :)
Where did you get this from m8???
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Pretty sure it’s on RANGERSMEDIA.
Glasgow Road on 4 March, 2012 at 16:34
Saw that letter on Twitter earlier today, who knows if it is real or not. Quite a few names on the e-mail, I guess tomorrow will confirm if it is genuine.
Indio
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 4 March, 2012 at 16:51 said:
ibleedgreenandwhite1 on 4 March, 2012 at 16:49 said:
Glasgow Road on 4 March, 2012 at 16:34 said:
http://i1268.photobucket.com/albums/jj571/GlasgowRoad/AnJ7okWCEAA7MhZ.jpg
bye bye boys :)
Where did you get this from m8???
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Pretty sure it’s on RANGERSMEDIA.
Do you think its genuine???
Hail hail
jimbob71,
Hotel Metropolita, near to Trevi and Piazza Venezia.
Just noticed that on Tuesday night Arsenal’s champions league tie and Chelsea’s FA cup replay are both being televised at the same time on SKY and ITV respectively.
How come we were made to play at 6:00pm in Inverness last year so that ESPN could show the game live.
We’re we not told that domestic matches could not be televised live at the same time as Champions League games?
Our performance that night was so bad I doubt the starting time would have mad a difference to the result but it irks me that we have to work to a different set of rules to the English leagues.
BMCUW
I pointed out to the missus that the disparity in the two events reflected the difference in our ages.
As you can imagine, I got a clout for that one!
Celtic_First,
Am I missing something… Motherwell on 51 pts with 9 games to play means max of 78pts, we’re sitting on 75pts, hopefully 78 going into the St Johnstone game, therefore it could be the clincher?
Just trying to make sure I plan accordingly! :)
Rooney snatches an undesrved lead just before half time.
Boo… ;-)
jobo
Sorry Jimbob71,
I meant to write Hotel Cosmopolita. :-/
Rooney scores!
Glasgow Road on 4 March, 2012 at 16:34:
Different link but what I posted was a photo of the same e-mail.
Keep the Faith!
Hail Hail!
ROOOOOOOOOOOOOOOOOOOONEY
So the other, highly paid players
-they need to keep them to make the club worth anyone else investing?
Or they can’t sack them because they’re actually paid by another company?
Are Man Utd on EBTs too? How many decisions do they get for them?
Truly shocking news. From what I have read and seen of Paul McBride he was a fine Celt, a man who stood up for Neil in his time of need.
Condolances to is family.
Lubo.
That letter must be fake, there’s no spelling mistakes for a start and Mervan isn’t on the list.
HAMILTON TIM
Join the “Naeb’dy gets ma sensahumour sometimes” club……
IBLEEDGREENANDWHITE 1652
Not willing to bet the mortgage on it being genuine.
But I would be putting a wee saver on it being accurate!
Jimbob71
Try Benedicts, can be busy though on Sunday’s and feast days.
Who taking you there?
RV
RIP Paul McBride, what a horrible time for his family
Extremely sad news about the passing of Paul McBride.
May he rest in peace.
YNWA.
HH
/Bishop B