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Relief for Hearts staff as wages are paid



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Published Date: 26 September 2008
By BARRY ANDERSON
HEARTS players and staff have today received their salaries in full, ending the week-long saga which brought many to question the club's financial predicament.
Weekly-paid players had gone without money since last Friday, whilst non-footballing staff did not receive their monthly wages as normal on the 24th of the month.

The Evening News can reveal that all payments were updated today. The club blamed a technical hitch for the delay as it appeared Hearts' parent company, Ukio Bankas Investment Group, failed to deposit funds into the club's Halifax Bank of Scotland account earlier this month, causing wages payments to fail.

Lithuanian director Sergejus Fedotovas, also a high ranking UBIG official, flew to Edinburgh to alleviate concern amongst employees at Tynecastle and the situation has now been rectified. The club have not commented on reports that Fedotovas was being blamed for the error by UBIG's board of directors.

Concern grew earlier this week when players' wages failed to arrive. Hearts had promised following last Friday's payment failure that funds would be forthcoming at the beginning of the week but then had to revise that timetable and pinpointed today as the new payday.

Monthly-paid staff were informed on Tuesday that their salaries would not be in bank accounts the following day as expected. They were also given today as the day for payment.

The club maintain that day-to-day operations remain unaffected by the hitch as they prepare for tomorrow's SPL match against Dundee United at Tannadice.


The full article contains 258 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

  • Last Updated: 26 September 2008 11:44 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Heart of Midlothian FC
 
1

VictorianGorgie,

26/09/2008 11:37:22
imagine that then. hearts players in mysterious fully paid up wages shocker.

stop the world, i want to get off.
2

Glorious Hearts,

26/09/2008 11:42:38
But how can this be? The experts and pundits assured us there was big trouble coming!

End of drama?
Not while there are so many queens on here!
3

John McCain's Frozen Chips,

Glasgow 26/09/2008 11:43:29
Ukio shares still nosediving today in the Baltics.
UBIG investments in the Balkans have gone breests-up, big time.
I sense a stay of execution, nothing more.
See you all next week!
4

VictorianGorgie,

26/09/2008 11:45:58
soz i just noticed it's the staff that got paid. we must still be going bust.

ooo-er.

5

Heartfelt,

EDINBURGH 26/09/2008 11:46:11
A lot of journos are facing up to the disappointment of an inevitable non-story not happening.

#5 Be careful what you wish for. I believe that 9 SPL clubs have HBOS as their major banker - fear for them.
6

Noods,

26/09/2008 11:47:38
So the monthly paid staff that were reported in this rag to have gone one week without their wage actually only went 2 days without their wage?

The words mountain and molehill come to mind.
7

Gorgie's Finest,

26/09/2008 11:48:03
Sadsergs "Exclusive from last night

Davíd283Shaw,
25/09/2008 21:12:36
############ BREAKING NEWS ############
######## ONE WEEKS WAGES PAID ########

The club will enter administration within the next 7 days due to debts it cannot meet.

HoM players will tomorrow only receive 1 weeks wage.

Banderson.....do your stuff.
8

VictorianGorgie,

26/09/2008 11:53:55
well known financial guru and often spotted in threadneedle street billy dodds was gobbing off this morning in one of the gutter papers.

"it's as bad a situation as it gets" he barked.

well, much as he is a well respected figure in the london square mile, it does seem to be a slight over-egging of the situation.

never mind eh? billy knows best.

9

Away down in Gorgie,

26/09/2008 12:02:41
Funny how the Scotsman reported today the debt was around £15m (more likely to be closer to £20m) yet none of the Hobonomics experts came on to dispute the figs.

We still have a large debt - approx £18-19m but that is a lot less than the £38m being reported.
10

hibbydoug,

edinburgh 26/09/2008 12:02:47
The same will happen next week.
11

VictorianGorgie,

26/09/2008 12:05:46
well i will be astounded if the debt is less than £36M. billy dodds said it was.

if it's less than £36M then it must be smoke and mirrors... or some other stupid theory.

12

Chas Niceass,

26/09/2008 12:07:25
How ironic would it be if the newspaper business went into meltdown and their wages weren't paid. That would be a happy day indeed.
I dont suppose Hibs will ever suffer the same fate, a quick beggig session up Princes St should be suffice to cover payment of their wage bill.
13

Chas Niceass,

26/09/2008 12:11:07
#12 Yes to Hibs perhaps when HBoS foreclose
14

Pride Eh The Capital,

Durham 26/09/2008 12:11:40
I see that Punt1t and BTO aren't first to post for once in a blue moon. Maybe there still in bed together.
15

Who?,

26/09/2008 12:12:50
******BREAKING NEWS*******

Barry Anderson and Stuart Bathgate in male pregnancy first. Alan Pattullo named as the father.

Ok that is made up, exaggerated and completly untrue. However the concept in nothing different from the way that these guys have been behaving this week. All three knew it was a non news story but they all printed poor articles with exaggerated headlines to sell papers.

*****Roll up Roll up- Read all about it*********

16

VictorianGorgie,

26/09/2008 12:13:51
#16, no billy smart's finest double act have just been spotted entering the federal reserve building for some vital talks with serg on how to isolate the £700B toxic debt of the US banking sector.

17

Bobby Bobby Bobby Prentice on the wing,

26/09/2008 12:14:56
11#
Correct, Scotsman financail editor reports Hearts are currently running at 15m debt, Did Vlad not take us over when we were around 22m debt? Don't tell me he's doing a tremendous job!!
Come on the JT's, another 3 points tomorrow, FTH
18

LionheartFodithman,

26/09/2008 12:15:04
Just thought i would ask.

Are we in Admin. yet?

Iam sure i read about Grey Friday somewhere ?
19

johnandyoko,

26/09/2008 12:16:18
"Relief for Hearts staff as wages are paid"

So they spend their wages in saunas then.......?
20

Pride Eh The Capital,

26/09/2008 12:19:13
18# Wonder why, eating there words it might suggest. Surely not from the 2 brains of football.
Do you use the same name on justin.tv?
21

Hibby Heapy,

26/09/2008 12:20:10
Good. Crisis over then!

However if it happens a again within the next month then it maybe squeeky bums time.
22

Pride Eh The Capital,

26/09/2008 12:20:52
21# Can't beleive your name, yoko uno was one of the reasons the legend is not with us anymore, i hate her with a passion just like the wee team in Edinburgh!
23

scorchio,

West of the Pecos 26/09/2008 12:22:18
I can't get over the sheer number of fanneeybaz who support Hibs, and spout utter pash day in day out.
I am the first to admit that Hearts should not take this long to resolve, what should have been a straight forward issue, but the tumshies from Leith go into a frenzie at every turn, screaming "tick tock" or some other gash.
This story has pluses and minuses...It's good that guys like Stewart, Berra and a few others got squared up. An absolute travesty that some of the other first team squad, eg. The Bosnian Balloon, got paid in full.
24

Jamboy,,

Edinburgh 26/09/2008 12:24:33
#14

Chas,

I watched a programe on Scottish politics earlier in the year and they had the chief executive of Johnston press in the studio and they were asking him questions about the threat to Scotland's national newspapers from Murdoch and the like who are expanding in Scotland and printing 'Scottish' editions of the Large British papers.

Apparently the Johnston family now own only a minimum stake in Johnston press as they are struggling in the face of this competition and have sold much of their stock to foreign investors.

The falling sales of the newspaper have put them on a sticky wicket and the exec's response was that they are looking into modernising and especially moving forward with the online side of things. the interviewer then asked how they expected to make money from this and he was completely stumped.

Pot Kettle and Black... three words that Bathgate should think about.
25

VictorianGorgie,

26/09/2008 12:26:45
#22 pride, no i never go on it. that would be serg then.

26

Hibernianinc,

26/09/2008 12:28:07
So, this particular issue has been resolved in full, and herts are indeed still in business.

All the doomsayers have been proven to be a bit premature with their predictions and, as it stands, there is likely to be a derby on 19/10.

So, until the next 'issue'.

Because, no matter what the subject matter - no manager, no wages, players not signing, signing and not playing, new stand/no new stand, etc., etc. the only thing that is certain is something will happen.

This is the only guarantee while Vlad's circus is in town.
27

Iain Bhern,

26/09/2008 12:32:30
Terrible news this. With the big fat pay packet this week the players will all be out on the lash tonight and will still be half cut tomorrow. But to be serious I reckon tomorrow is a banker for a draw. Dundee Utd can't score for toffee just now but their defence is pretty solid. If your forwards can get past Lee Wilkie without being scythed down you might sneak a win but I reckon it'll be honours even.
28

scorchio,

West of the Circus 26/09/2008 12:34:02
#28 Vlads Circus walloped your mob in a recent cup semi if I remember right. And on a good few other ocassions.
Roll Up Roll Up and watch the circus boys ram the methadone brigade.
29

The Bee,

26/09/2008 12:34:06
“Relief For Hearts Staff As Wages Are Paid”

Dismay in the EEN editorial meeting as they can’t think of any more lies to print.

The hysteria surrounding this issue from this sham of a newspaper has been a disgrace. Utterly pathetic.
30

Pride Eh The Capital,

26/09/2008 12:34:34
27# Such a sad individual that serg is eh!
Got yourself a stalker there son.
31

Stray Dog,

26/09/2008 12:35:42
#27 VictorianGorgie

I want you to accept an invite from me, to appear on SergTV, the new football TV show. You will have star billing and be grilled by myself and fans about supporting your team part-time.

Will you accept?
32

Chas Niceass,

26/09/2008 12:35:58
#26 Jamboy, cheers for that, I do wonder how the advent of internet sites such as these but the Beeb in particular affect newspaper sales. Basically its all at our fingers as long as we can access the computer. Who needs to buy their scandal rags.

Why do you write sh*te
Jambos are loaded
Why do you write sh*te

To the tune of a recent controversial tune, well if they can write it, I can sing it!
33

Pride Eh The Capital,

26/09/2008 12:37:51
34 posts in still none of the billy riot boys posts, happy days!!
34

scorchio,

west of the Pecos 26/09/2008 12:38:28
#31 The Bee...Bathgate has a serious flaw in his make up, the way he looks to pounce on romanov and anything he does "wrong". Very slow to dissburse some credit though, if he ddoes well on a matter to do wwith the club.
His earlier rants were absolutely vitriolic and a blot on this once reputable newspaper.
Balanced views? Not from Bathgate, but theeere are the odd exceptions to everything
35

scorchio,

West of the Pecos 26/09/2008 12:41:09
Little prrroblem with the keyboard...seeems too bee reepeating some letttters.
36

We love fitba,

google! 26/09/2008 12:41:36
Fresh from their latest embarassment (sorry, Total Non-Story), Jambos are now bantering about "not being in administration".

"This feels almost as good as qualifying for the Champions League proper, I'd imagine", said one, as he taunted Hibs for not being the only club in Edinburgh who can pay this month's heating bill.

37

VictorianGorgie,

26/09/2008 12:44:08
#32 pride, tell me about it.

damn, i had bought a spartans scarf in anticipation of having to support them when we went bristols.

spartans scarf for sale.

38

Chas Niceass,

26/09/2008 12:44:34
#38 Lol, No problem to you guys, couple of packets of Tootie Frooties and a Wham bar and your staff are happy to the following Friday. Plenty left for the heating, but you must be right load of f*nnies if you need the heating on in September.
39

Jamboy,,

Edinburgh 26/09/2008 12:44:58
#36

"Bathgate has a serious flaw in his make up"

According to serg', his make up is flawless when he is strutting his suff in CC's on a friday night.
40

Gorgie's Finest,

26/09/2008 12:48:36
********Breaking news***********


Latest from our undercover reporter deep within Tynescastle:

Nade was seen entering his card into the cash machine on gorgie road, and after a few quick looks over his shoulder took out a load of cash (So confirmation wages are there) he was then seen entering Greggs to spend it.

A few of the players Girlfreinds have been seen hovering around Harvey Nicolls doors with mobile phones in their hands, after recieving calls to confirm the players wages were in the bank the swooped into the store.

*Exclusive* reports later on the contents of their bags, and what the players themselves have been spending their money on.
41

Big T,

26/09/2008 12:48:37
"Relief"???

You really mean DISAPPOINTMENT you Hobo journo diddies!

42

Maroon tinted glasses,

26/09/2008 12:48:45
41, dont know how serge would have been able to see the makeup considering he was on his knees at the time with his mouth pressed firmly up against the pre drilled hole in the side of the cubicle.
43

markatview,

26/09/2008 12:50:34
#28 it was really a minor issue to begin with , desrved some space on the back pages but not to the extent of the hysteria that followed. I agree with you that it wont be long till the next issue arises because that is the nature of the beast but all goings on at tynie are magnified a 100 times to make it look like a massive story is to be had . Anyhoo 2-0 herts ,1-1 hibs .
44

Jamboy,,

Edinburgh 26/09/2008 12:50:36
#44

StrayDog... Riley?
45

Mooncat,

Sverige 26/09/2008 12:50:44
I'm totally divided here... I can't work out whether there is actually "troobel at mill" or if this WAS a technical glitch...

If it's the latter, then congratulations must go to the Scottish press for BLOWING up this story sensationally! And making me brown my kegs. If indeed this is a technical glitch, and we're all worried about nothing, then I have to finally agree that the Scottish press has it in for Hearts.

www.fitbaw365.com
46

Gorgie's Finest,

26/09/2008 12:53:16
#46

Riley is on remand for tax evasion, TommyTommy turned queens evidence against him.
47

LionheartFodithman,

26/09/2008 12:57:19
#39 VI
You knew this was coming.

~~~~~~~Breaking News~~~~~~~

Retired gadgy Victorian has opened
a new Boutique in the alleyway next
to Robbo's.
Scarfs,Coats and 1/2 price "Grey Friday
T-shirts".Hearts teddybears & union jack
clown wigs available soon.
Beware of the wee dug cos it will have yer
chuckies right aff.
48

Maroon tinted glasses,

26/09/2008 12:58:30
GF,
As i had been posted awol recently could you or anyone else tell me did timmy timmy come out and congratulate Hearts for giving cash to arbroath? i seem to remember this was his only point for quite some time.
49

Jamboy,,

Edinburgh 26/09/2008 12:58:35
#48

"queens evidence"... Quality, I can just imagine TommyTommy in a huge wig, sequin dress and heels sitting in the witness box, while Riley is wheeled up in one of those wheely things and a Hannibal Lecter mask. LOL!!
50

Chas Niceass,

26/09/2008 12:59:18
Theres no doubt Vlad has really riled them. This story proves how much they bay his blood. I doubt it has been stage managed, but in the mad world of Vlad I'd put nothing past him to wind up these contemptable bunch of sensationalists.
Problem in society is people actually beLIEve what they write.
Its very difficult for anyone to evaluate whats coming from within Tynecastle these days, but that may be no bad thing.
Publicity is the tool Romanov thrives on, despite the war, is there a new deal in the making, did Hearts need to be in the news again and widespread? Has he used the press to get Hearts back in peoples attentions?
Vladimir Romanov is no fool however he is perceived in this country, he is cool and calculating and I put nothing past him. That can be good or bad, but rarely sits on the fence.
51

Stray Dog,

26/09/2008 13:00:06
#46 There's only one Serg / Me.
52

Maroon tinted glasses,

26/09/2008 13:01:32
52 he is nuttier than a big bag of cashews though!!
53

Jamboy,,

Edinburgh 26/09/2008 13:02:18
#53

No... Idiots are ten a penny. You offer nothing original and are merely a carbon copy of all the idiots before you.
54

VictorianGorgie,

26/09/2008 13:02:57
#52 chas. well said. can you believe the rioter had the cheek today to print...

"reports said hearts players were set to strike".

yes lads..... YOUR report.

55

Gorgie's Finest,

26/09/2008 13:03:05
#50 MTG

You have to be joking m8, this weeks the first time tommyt1tty has appeared on here for ages....wonder why that is?
56

Maroon tinted glasses,

26/09/2008 13:04:03
53 so why call yourself "stray dog" then, was in fond memory of your mother or is it because you are unwashed, smelly and like to sniff peoples balls!
57

Stray Dog,

26/09/2008 13:04:43
#57 That's because Muslim Jambo is on holiday.
58

Maroon tinted glasses,

26/09/2008 13:05:26
GF, ah ok, well i will remember to pull him up about it then.
59

They call me mr positive,

Corstorphine 26/09/2008 13:05:43
The reason why Hearts players and staff got their wages today is due to the fact that my cheque arrived earlier this week.

Why was I paying a cheque to Hearts? Well me and my mates are going corporate on the 3rd of Jan 09 to watch the wee team getting thrashed.

Enough said.

Mr Positive

60

LionheartFodithman,

26/09/2008 13:06:25
Story here for the Hobo's.
Obviously we wont be around to be involved.

http://news.bbc.co.uk/sport1/hi/football/europe/7637600.stm
61

Maroon tinted glasses,

26/09/2008 13:06:26
TIMMY! TIMMY! where are you, you pathetic little turdstripe!
62

Stray Dog,

26/09/2008 13:15:14
#56 VictorianGorgie

I want you to accept an invite from me, to appear on SergTV, the new football TV show. You will have star billing and be grilled by myself and fans about supporting your team part-time.

Will you accept?
63

Rambo.the.Jambo,

4-0 at Hampden 26/09/2008 13:16:30
# 46 Jamboy

Could be.

Remember his fixation yesterday with 'botty fun'
64

Stray Dog,

26/09/2008 13:19:57
#65 Botty passion and you said yesterday that you wanted some with Tullberg.
65

Rambo.the.Jambo,

4-0 at Hampden 26/09/2008 13:21:16
Sorry then, 'Passion'.
66

Chas Niceass,

26/09/2008 13:21:59
Roll on Tannadice tomorrow.
Cmon the Hearts
67

Rambo.the.Jambo,

4-0 at Hampden 26/09/2008 13:22:06
# 58 Maroon tinted glasses

HA HA Cracking!!!!!!!!!!!!!!
68

Maroon tinted glasses,

26/09/2008 13:23:47
65, i dont think they are one and the same if you look at their comments,

Riley has a deep rooted hatered for everything hearts and cant help but use words like "SPL TEAM" and "HEE HAW"

where as Serge/stray dug (aka sewage consultant) seems to just amble along in its usual "village idiot" style whislt making such comments that give people the impression it is just a "foolish buffoon" on the end of the keyboard.
69

Addie,

26/09/2008 13:27:43
Howdy all, Ive just gone online and to look at the doom and gloom predicted by all the usual f@nnies that come on here....

WHERE IS IT???

Releif at Hearts players and staff being paid? They were told they would be and Berra himslef said he and the players were not worried, so why is it a relief?

NEWSFLASH....

I cleared my intray this morning.
My biatch also made me a cup of tea

TOTAL NON STORY, BRING ON UTD!!

70

Jam Tarts 1874,

On the Rebound 26/09/2008 13:27:56
#28. Yes, something will happen. Hearts will continue to be Edinburgh's most sucessful, best supported and biggest club.

I see BAnderson decides to describe events as a "week long saga", the only reason it has been a week long saga is down to muppets like BAnderson.
71

Rambo.the.Jambo,

4-0 at Hampden 26/09/2008 13:28:36
# 70 Maroon tinted glasses

Well then, Riley has been conspicuous by his absence.

Maybe he's currently in Glenochil
72

Addie,

26/09/2008 13:29:18
#63 Your not Serg - your trying to copy him / her too hard.
73

Private Pike,

26/09/2008 13:31:13
All the Hearts Supporters who think that everythings OK now that the staff and players have been paid are ignoring the questions which have not been answered. If you don't care, if you have no interest in finding out what happened, then fair enough but it's a bit much to complain about Hibs supporters being interested enough to make comments as they have.

Probably 99% of Hibs supporters would not like to see Hearts go out of business. But the Hearts supporters with their arrogance about the "Big Team" and splitting the OF this season invite comments such as the more brutal ones we have seen over this matter.

Now, to top it all, you're really not interested in what has happened here. Sufficient that the wages have been paid and lets not look any deeper.

The words "Blind stupidity" spring to mind.

74

Addie,

26/09/2008 13:33:27
#74 Perhaps is due to condesending hoboeconomists like yourself that make fans like myself totally uninterested in responding to your unanswered questions. What makes you think you are so special that you deserve answers from us?
75

Chas Niceass,

26/09/2008 13:37:55
#75 Hear, Hear, be off with the peasants.
76

Private Pike,

26/09/2008 13:41:56
#75 Good God. Can't you read? My criticism is directed at those Hearts supporters who are too frightened to look for the answers.

Incidently I'm not a Hoboeconomist but I cant help thinking that, when placing money in a bank is a weekly occurance then there is always a procedure in place to ensure it happens timeously. In other words, unless someone deliberately interfered then the transfer of funds would have taken place.
77

Chas Niceass,

26/09/2008 13:46:26
#77 Come on here supporting Hibs and mentioning Hearts finances, people are going to think you are a Hoboconomist.
Its a reasonable assumption going by the oceans of drivel your peers subject upon us every day since the sacking of Burley.
Well every day that is except following a bad news day for Hibs such as a semi etc, whereby you all disappear like snow off a dyke in July.
78

i wanna be like John Colquhoun,

26/09/2008 13:47:16
#74 what questions do you still have? the only question i have can wait until next friday and its did they get paid? if so then alls good, if not then true we arent out of the woods yet. but until then im concentrating on a FOOTBALL game tomorrow. hearts v utd and hopefully we can pick up at least a point.

i personally do not care about hibs debt etc and how much exposure they have to the global credit crunch, only really think about hibs on derby day so why so many hibs fans are so intersted in UBIGs share price etc is baffling! i mean what exactly can you work out from it and why would you want to? it is not going to tell you if hearts are going bust sow hy look deeper.

how is the credit crunch effecting hibs??...do you know? think you should look deeper into that and the issue that hearts could have easily paid hibs wage bill with a quick whip round. and the fact you have one of the worst derby records in the world, your team havent won the sc in 107 years...concern yourself with those things.
79

SAME RULES APPLY !!!,

26/09/2008 13:49:55
#79
Spot on.
The credit crunch will effect every team, it will effect Setanda and anyone else competing for peoples spare leisure money money
80

B4 Part B,

26/09/2008 13:50:13
#77 I take on board your point, however, players wages can (and most definately are) linked to things like games played, clean sheets, goals scored, assists, as well as their basic wage so this will require manual intervention. Same can be said for normal staff, this could be holidays, days off sick, overtime, hours worked etc. so again manual intervention required. And as I am sure everyone will agree, the person/people/department processing these could make mistakes! The Bank itself is capable of making mistakes, which I am sure is of no shock to you all!

I am not saying everything is rosey now that they have been paid, however, the hysteria surrounding this has been way over the top and quite unbelievable! If it happens again in the next 6 months then I would worry a lot, but for now I am content.
81

Addie,

26/09/2008 13:50:16
#77 Im perfectly capable of reading thank you but have got to the stage where if there is a mistake happening at the club EVERYONE is making a mountain out of a molehill. Yes the mistake was a major clusterfvck, but this happens in many other companies from time to time. I am reserving judgement on Hearts' financial predicament until there are other problems occurring.

If it means anything to you, I beleive that Hearts use an overdraft facility with HBOS (as many companies do) to pay staff and then the appropriate funds are transfered afterwards. HBOS may have withdrawn the overdraft facility under their struggling circumstances and left Hearts missing pay day by a week. Just a theory but it makes sense to me.
82

Private Pike,

26/09/2008 13:58:45
#82 Makes sense if you ignore the fact that it took a week before the mistake was put right. Why a week when if it was just a technical glitch it could have been sorted more or less immediately? We are talking peoples wages here.

#81 True enough but I wasn't talking about the payroll preparation. I was talking about the transfer of funds from Ukio Bankas to HBOS. I would contend that it would have gone ahead unless someone from either HBOS or Vlads Bank stopped it.

#79 See what I mean?

83

,

26/09/2008 13:59:19
Comment Removed By Administrator
Reason:
84

Roscoe P Coltrane,

26/09/2008 14:02:29
PP - maybe Vlad bought into the scare stories about HBOS 'going bust' and decided not to deposit any money for wages until the picture became clearer? He does appear to be a tight-fisted git, and given that money deposited with a UK bank is only covered up to the level of £35k if the bank goes bust, he decided not to take the risk?

Again, just a theory. Would also explain why they didn't want to say what the problem was though.....
85

Ayegudyin,

26/09/2008 14:03:05
im almost happy this happened, the jambos false sense of security will be their downfall.
no need to worry lads, the debt isn't that big, UBIG is financially secure, hearts will win the champions league and pay off that little bit of cash they owe...

...everything is going to be OK.

yeah right!

GGTTH
86

Addie,

26/09/2008 14:04:39
#83 I dont know if you have experience in working with payroll, but here goes...

It takes three working days to pay wages into accounts. It also takes perhaps a day or two to find the source of the problem and make sure it doesnt happen again. To me that pretty much sums it up.

I am not a Vlad supporter nor am I ignoring the fact that Hearts have hit the headlines for the wrong reasons and I am watching closely as I can for any other indications of financial meltdown, but until there are other indications - ie next pay day as someone else put on here earlier, I will not speculate.
87

Private Pike,

26/09/2008 14:07:30
Roscoe. I hadn't thought of that one but its a good idea if thats what it was.
88

Addie,

26/09/2008 14:08:22
#88 We??? You support Hibs! You have the wrong username for one of your many aliases Serg!
89

Chas Niceass,

26/09/2008 14:08:44
Judging by Charlie Manns interview last week on the tranny, I'm guessing, and it is a guess what has happened.
The money is controlled by a man who knows as much about Hearts as he does about the Bosnian Postal System.
There was a crash last week. UBIG are heavy on credit control. The money earmarked for Hearts HBoS account has found a new emergency home temporarily or possibly there were higher priorities, to the financial bods, than funding that account.
Mann however categorically stated UBIG were anything but struggling financially, but he did state the form of cash transferrance that did take place between Lithuania and Scotland left a lot to be desired.
Probably why certain folk dont get paid on time.
90

Neil Waugh,

OLd Strathcona 26/09/2008 14:09:20
Happy Days are Here Again!!!
Think again.
Another bleak day for Mad Vlad on the dodgy Baltic Stock Exchange.
His free falling bank took another pounding despite the best effort of his market makers to hold the fort. Closing at a new low of 1.86 LTLs (whatever the fvck that is)
Down from the 1.97 line in the Lithuanian sand he drew on Thursday. There was a huge sell off at around 11.30 as the punters dumped 40,000 shares in a few minutes. 847,000 on the day. Bank records show the Vladster personally holds 64 million shares.
If he hadn't met payroll at Tyncastle it would likely have turned into a bloodbath.
It ain't over 'til it's over.
91

Addie,

26/09/2008 14:10:57
#92 Jezo your more boring than my old economics tutor.
92

Roscoe P Coltrane,

26/09/2008 14:11:19
89 - probably wishful thinking, but when it comes to Hearts, it's such a bloody rollercoaster ride that I try to find a semi-reasonable explanation rather than believe the papers.

Very hard at times though, especially when quite obviously highly experienced city grandees like 86 are still worried....
93

Dundee Jambo,

Home 26/09/2008 14:11:58
#11 hibbydoug

if the wages are paid on a monthy basis (with the exception of this one off occasion) how can it happen next week? Lay off the meth and you might be able to do some simple, logical thinking. Ar5ehole.
94

LionheartFodithman,

26/09/2008 14:14:29
#88 Serg

Oops......"we"
95

Stray Dog,

26/09/2008 14:15:03
#88 Serg

Would you have botty passion with Tullberg, if he guaranteed a hat-trick against Dundee Utd on Saturday.

VictorianGorgie said he would love to, as did Rambo the Gaybo
96

Stray Dog,

26/09/2008 14:18:20
#98 Would you? Jamboy said he'd be up for it as well.
97

Stray Dog,

26/09/2008 14:19:05
and Addie
98

LionheartFodithman,

26/09/2008 14:20:09
#98
Shocking form.
99

Rolland,

26/09/2008 14:21:01
#95 - Its the players that are paid weekly, the back office staff are monthly.

So this is great no BTO or pundit or hobo's ahh, life is sweet, three points the morn and a humping for the hobos on Sunday and next week should be sweet.

Look out for some good news on the re-development of Tynie just after we hammer the hobos in the first derby of season :-)

As I've previously Mr Romanov is a man of his word and once again he has delivered on his promise.

HHGH
100

Addie,

26/09/2008 14:21:53
#100 How do you know Im not gay? Maybe I quite fancy him and would do it for free.
101

Addie,

26/09/2008 14:22:40
#100 and your talking to yourself!
102

Gorgie's Finest,

26/09/2008 14:23:30
#92

I take it your only looking at UKIO's or UBIG's interests. If you werent suck a blethering imbicile you would realise, that today the stock market is extremely volatile and billions are being wiped off shares of companies all over the world, as they await the decision from the US regarding the $700million bail out.

Of course Ukio/UBIG are being affected. There again so will any shares Tom farmer has as well, and david Murray and any other business.
103

Stray Dog,

26/09/2008 14:26:51
#103 I bet you would naughty boy.
104

Stray Dog,

26/09/2008 14:27:43
Come on Davíd283Shaw. What's your answer?
105

Addie,

26/09/2008 14:28:28
Nah I wouldnt go that far, but Im sure most Jambos would sleep with Clum Elliot if it meant he stayed at Livi.

106

Gorgie's Finest,

26/09/2008 14:29:11
Davíd283Shaw,
25/09/2008 21:12:36
############ BREAKING NEWS ############
######## ONE WEEKS WAGES PAID ########

The club will enter administration within the next 7 days due to debts it cannot meet.

HoM players will tomorrow only receive 1 weeks wage.


Please explain serg???????

Still got you backed into a corner i see.

What a moronic little reptile you are
107

Rolland,

26/09/2008 14:29:29
#105

Don't even start to try and reason with these people that doesn't fit their agenda so is ignored. Take what snipets you can and fashion how Vlad is evil to suit your needs and spout forth is what they do.

Imagine if a hobo half own shares, they might have half a clue about whats going on.
108

Stray Dog,

26/09/2008 14:30:31
#108 What about Barry Ferguson if he was to stay at Rangers?
109

Stray Dog,

26/09/2008 14:30:46
Rolland would
110

InsideOutside,

26/09/2008 14:36:04
Shame on you EEN for flogging a complete non-story into the ground. Granted, I would expect a story when the news broke and one when the wages were paid but the way you have stretched this out, to the extreme, is tantamount to lazy journalism.

As i said before, how about some investigative journalism infiltrating the SFA, SPL or referee's etc. A proper exclusive, not something picked up on Kickback or whatever is the Hobo equivalent, Girowrap or something similar i imagine.
111

LionheartFodithman,

26/09/2008 14:36:18
A guy sitting at a bar at Heathrow Terminal 3 noticed a really beautiful woman sitting next to him.
He thought to himself: "Wow, she's so gorgeous she must be an off duty flight attendant. But which airline does she work for?"
Hoping to pick her up, he leaned towards her and uttered the Delta slogan: "Love to fly and it shows?"
She gave him a blank, confused stare and he immediately thought to himself: "Damn, she doesn't work for Delta."
A moment later, another slogan popped into his head. He leaned towards her again, "Something special in the air?"
She gave him the same confused look. He mentally kicked himself, and scratched Singapore Airlines off the list.
Next he tried the Thai Airways slogan: "Smooth as Silk." This time the woman turned on him, "What the f**k do you want?"
The man smiled, then slumped back in his chair, and said "Ahhhhh, .Ryanair!!!

112

Addie,

26/09/2008 14:36:22
#111 I dont have much of a liking for that particular Rangers gentleman so I wouldnt have botty passion with him, no and the fact Im hetrosexual does come into it Serg.

You have been mentioning homosexual acts over the last two days though. Perhaps you need to talk to someone and this forum isnt the best place to be going through this.
113

Jasbar,

26/09/2008 14:40:13
OK, so what happens next week? And the week after that?

And after a whole season of wages?

Remember, non-playing staff have been stiffed as well?

Arte the jambos heading for cardiac arrest?

114

Stray Dog,

26/09/2008 14:41:20
#116

"Remember, non-playing staff have been stiffed as well?"

By Tullberg?
115

Rolland,

26/09/2008 14:41:26
#112 ? Pardon ?

Get a life you sad little hobo.

You my son are a waste of skin and bones.
116

Gorgie's Finest,

26/09/2008 14:41:29
Excellent Article in the Guardian today. And an example to the amateur journalists on how reporting should be carried out. Here is just a little snippet

"Gloating amateur economists, meanwhile, continue to predict that their notion of the famous old ground being turned into flats within two years is proving more and more prescient by the week. There is no fundamental basis to these theories, mind you, other than Romanov being eastern European, therefore apparently untrustworthy, and owning a little-known bank with which Hearts have borrowing facilities."

"Here's a more concrete statistic; Ukio Bank accounts for 13% of UBIG's operations. Not 80%, not even 50%. InErgo LLC, for example, a US-based investment company, has double Ukio's involvement in UBIG. And few of us know anything about InErgo, other than them being registered in the American state of Delaware. UBIG's entire asset worth may be quoted as hundreds of millions – profits considerably less – but nobody in three years has fully explained the Hearts financial conundrum. Random predictions of Romanov selling Tynecastle and disappearing into the distance hardly help; they also appear unjust by the mere fact that Hearts's borrowings outweigh the value of the stadium, even if that debt is now considerably less than the £36.25m reported in July 2007."

Full Story:
http://www.guardian.co.uk/sport/blog/2008/sep/26/hearts.romanov
117

i wanna be like John Colquhoun,

26/09/2008 14:43:11
#77 well why dont you look for the answers and tell us...let me guess...administration?

a change in computing sytems, systems crash, new software, a human error in that someone forgot to do it, new staff unfamiliar with the job, these could all delay transfers of funds.
118

Iain Bhern,

26/09/2008 14:44:49
#105 said, "Of course Ukio/UBIG are being affected. There again so will any shares Tom farmer has as well, and david Murray and any other business."

Let's change the scenario for a moment. Let's say that it wasn't Hearts staff that weren't paid last week but workers at United Distillers (or whoever it is these days) between Tynecastle and Westfield Road. Would there have been a media frenzy and talk of impending doom? Nope, and why? Because United Distillers aren't a football club that's why! The press these days (and a lot of fans) equate failure to pay wages by a football club with imminent administration and completely discount any other valid reason! OK it has to be said that normally when a club doesn't pay its staff it's usually a precursor to extinction but not always.

Oh and I still think it'll be a draw tomorrow. For Sunday I don't hold out much hope of a home win but nevertheless will be delighted if we get one.
119

Addie,

26/09/2008 14:45:46
#119 Good article and BAnderson and Bathgate should take note.
120

Gorgie's Finest,

26/09/2008 14:47:49
Hearts's financial system works something like this; money is regularly, but not at a set amount nor at a set time, transferred from Lithuania into the club's main current account with Halifax Bank of Scotland. From there, wages and routine bills are paid in accordance with outgoings reported from Hearts's financial director to the Ukio Bankas Investment Group, the parent company.

Or sometimes not; the club has gained a reputation as notoriously slow payers. Therein lies not only a cultural anomaly – Romanov and UBIG would routinely work on a 90-day, rather than the 30 accepted in this country, payment period for creditors – but problem number one is a failure to pay staff. Sheriff's officers have visited Tynecastle in the past, stories of non-wage payment will surely only panic businesses owed money by Hearts into similar action. The most reasonable explanation from Hearts officials relating to the wage issue was that transferred money ended up in the wrong account, so maybe someone got lucky.

121

Rolland,

26/09/2008 14:52:08
121 - Think the Ref will act as the 12th man for the Shame of Scotland and all 3 points will head west. Hope Edinburgh survives better than Manchester did.
122

Neil Waugh,

Old Strathcona 26/09/2008 14:53:04
Another compelling snippet from the Grungian piece for the Tynie Pollyannas to contemplate.

"Sheriff's officers have visited Tynecastle in the past, stories of non-wage payment will surely only panic businesses owed money by Hearts into similar action."

Say it ain't so, Vlad.
123

Maroon tinted glasses,

26/09/2008 14:55:12
Private poke,

I get paid on a monthly basis! My wife works for the bank my wages get paid into! if i get paid on a friday my wife can tell me there is a request pending for monies to be put into my account on the wednesday, On the thursday my wife can tell me exactly how much is going into my account so this tells me that when you pay people via BACS it wont just happen on the same day.

I work in the employment sector and am aware in order for the workers to be paid on a friday then the wages have to be processed by end of play tuesday!

on another note can you respond to my question,

Why did the hoobs break the wage structure for a player who hasnt really played or proved himself in over two years?
124

Gorgie's Finest,

26/09/2008 14:55:46
#125

If i recall the rpinting company called them in at the beginning of the year for a bill they said was never paid, which actually turned out to have been paid.

At the time though as ever there was no apology.

You and your co-horts should read this part more thoroughly though

"Gloating amateur economists, meanwhile, continue to predict that their notion of the famous old ground being turned into flats within two years is proving more and more prescient by the week. There is no fundamental basis to these theories, mind you, other than Romanov being eastern European, therefore apparently untrustworthy, and owning a little-known bank with which Hearts have borrowing facilities."
125

Iain Bhern,

26/09/2008 14:57:32
#124 Rolland, you're not suggesting that the referee may not be entirely impartial are you. I find that hard to believe :o)
126

Bawbag,

26/09/2008 15:01:41
Back to the Original Story.

Hearts strugling to pay wages

No panic wages paid (late)

Plan to ease debt, build a Stand and dominate the SPL ?

Answers on a Postcard to Mad Vlad
127

Iain Bhern,

26/09/2008 15:01:53
#127 Gf. I stand to be corrected but my understanding is that whilst The Romanov family collectively are the major shareholders in the bank they do not own it outright.
128

Rolland,

26/09/2008 15:02:31
#128 - Just a hunch a feeling if you like that Rangers are going to get every 50 - 50. Probably get a penalty and if its missed be allowed to retake it until they score.Not suggesting the Ref will be anything other than the usual standard we have come to expect. Close in the 1st half but Rangers to be confortable 2 nil winners with at least one pen, perhaps even a chopped of goal for Hibs.
129

Maroon tinted glasses,

26/09/2008 15:02:40
123 GF, i agree about the wrong account thing and am aware that you can do a BACS recall from an account up to three days after the money was put in, so maybe they had been trying to get the money back first.
130

Gorgie's Finest,

26/09/2008 15:03:47
#128

IM sure the referee will be very impartial, after all its only Hearts fans and Vlad that are crazies and think there is a biased in this country towards the OF with regards to refs or the media. SO i dont expect to hear any complaints from hibs fans when Novo or Boyd decide to take a 10 point dive in the box with 3 mins to play and the ref gives rangers a penalty even though the nearest hibs player is some 10 yards behind play, and they score it winning the game and giving them 3 points. Neither will i expect any complaints when Hibs players are chopped down all over the pitch by rangers players and no fouls given only for Mendes to trip on a blade of grass between himself and Jones and Jones is shown the red card.
131

Pulitzer,

at home 26/09/2008 15:05:17
And talking of refs, I've already posted on the other thread about Doogie "the cheat" being the ref at tannadice - not much chance of three points for us there.
132

Rolland,

26/09/2008 15:06:16
#129 - Well named you are indeed.

Expect more news on the re-devlopment of Tynie to come out at towards the end of Oct, i.e. planning permission being granted and date of the work to be announced.

Soooo NEXT !
133

Maroon tinted glasses,

26/09/2008 15:06:44
131 and ba la la la labamba and ratboy to be sent off (labamba due to two horrific tackles and ratboy well just cause he is a wee gypo ned)

Still want hoobs to win though HONEST!!
134

Gorgie's Finest,

26/09/2008 15:07:07
#130

I believe their shares are between 32 and 33 percent of UKIO, the next biggest shareholder is only about 8% So yes you are right they do not own the bank outright.
135

Maroon tinted glasses,

26/09/2008 15:07:46
136 and a retard living in moat street
136

Pulitzer,

at home 26/09/2008 15:10:04
Yes I hope the hobs manage a win tomorrow too. If not then at least a draw. It's always good when either of the OF drop points, makes the weekend more enjoyable.
137

Rolland,

26/09/2008 15:10:13
#136 Afternoon Serg not out playing golf this afternoon ? Grand day for it. Perhaps your sailing and accessing the scotsman site from your laptop again ?
138

Iain Bhern,

26/09/2008 15:15:21
#137, it's only a couple of years ago that Boozy was more or less assaulted by Boyd and got sent off. I mean to say, that is after all a sending off offence. Having the temerity to allow yourself to be fouled by a Rangers player. It's a wonder it doesn't carry a lifetime ban
139

Who?,

26/09/2008 15:16:16
#119 GF- It goes to show what a proper journo can do.

People like banderson, bathgate and their lover pattullo should be red faced- they won't be though as they will be sitting on a chair rocking backwards and forwards.
140

VictorianGorgie,

26/09/2008 15:19:42
#119, good one GF. place that next to the pathetic, half-assed attempts at journalism of the gutter rags.

at least the EEN try to produce accurate facts, don't always succeed right enough.

£36M my jimmy carter.

141

Iain Bhern,

26/09/2008 15:20:08
#143, I wonder if they have been paid! The amount of regurgitated stories they churn out makes you think they must be on a bonus for each story they write.
142

Rambo.the.Jambo,

26/09/2008 15:24:34
# 121 Iain Bhern,

The distillery is gone, now a Sainsbury's
143

Gorgie's Finest,

26/09/2008 15:26:17
#145

You mean Bando and Co actually get paid for writting the drivel they do? And there are those that state some Hearts players are "wage thieves"
144

Rambo.the.Jambo,

4-0 at Hampden 26/09/2008 15:27:11
# 136 Moat Street Jambo

What country do Loanees come from?

Loaneeland, or maybe Loanhead?

Is this country even a real country or have you just made it up to try and deflect fromthe 'Debt Ridden' 'Crisis Hit Club' stories

145

Iain Bhern,

26/09/2008 15:27:53
#146 What are the works on the other side of the lane that comes out on Westfield Road from the bottom of Wheatfield Road, any idea? that's the ones I mean. Their office building is just past the railway bridge at the bottom of Wheatfield.
146

Maroon tinted glasses,

26/09/2008 15:29:24
Ian 142,
I should imagine on that basis that elliot was lucky not to get a lifetime ban for assaulting mcgregors foot with his chest at the 4-2 game last season.
147

Gorgie's Finest,

26/09/2008 15:32:30
#149

thats the chemical company is it not?

I know someone who works in there. Its seemingly the only place in the whole of the UK that has the license for using Cocaine, obviously for medical purposes, tablets etc. I couldnt believe what he told me about the place. There carrying bags of it at a time on there shoulders and just emptying it into huge mixers. Bet the workforce in there would never complain if their wages were a day or two late, probably wouldnt know. lol
148

Neil Waugh,

26/09/2008 15:33:37
And this just in from Goal.com.


"Inevitably, the wage fiasco had knock-on affects and a group of international businessmen were reportedly keen on buying out Vlad's 82% stake in the Tynecastle club.

However, supremo Romanov's confidant Liutauras Varanavicius, also head of the Lithuanian FA and heavily involved in Ukio Bankas, has insisted that Vlad won't be selling up.

Varanavicius explained: "There were people there - it’s true they wanted to buy out the club - but they were not serious in my eyes."

When asked about a possible sale in future, he responded: "Look, everything is for sale if the price is right. You cannot say 100 per cent that it would not happen in the future.

"But I don’t expect Vladimir to sell Hearts, I expect him to expand his activities in football instead.

"I can assure you he’s not lost any passion for Hearts and I can also say there are no money problems."

So who are these shady "international tire kickers? And what's the "right price."?
Get Bathgate and Banderson out of the pub.
149

Maroon tinted glasses,

26/09/2008 15:35:59
Mclaren smith, they produce drugs and are one of only a handfull of companies in the uk who are licenced to store cocaine, this means there is an exclusion zone around it that you are not allowed to build houses on.
150

Rolland,

26/09/2008 15:39:13
#152 - What is your point ?
151

Maroon tinted glasses,

26/09/2008 15:40:34
151, GF, i used to go out with a lass who worked there and during that time (mid 90s) they actually "lost" a kilo bag of the columbian marching powder. It later turned up still sealed in the public toilets in princess street.
152

Neil Waugh,

Old Strathcona 26/09/2008 15:47:40
#154

The point is glaringly obvious isn't it.

Mad Vlad's best buddy is quoted as saying some lads were round to see the Vladster about buying the Jambos.
LV (I don't spell any dodgy eastern Euro names over two syllables) claimed it was no deal. But that was before the Great Lithuanian's bank stocks went down the pan (as they did again today)
But they always say that. Right up until 30 seconds before the deal is done.
153

SPG,

edinburgh 26/09/2008 15:48:04
I was going to say that on Alan Rough radio phone in he claimed the Hibs the team weren't paid six times during his stay. But I won't bother.
154

Rolland,

26/09/2008 15:52:26
#158 - Its old news, are you suggesting a takeover is about to happen ? It total nonsense and with the new stand about to go up probably a bad thing for us.
155

Maroon tinted glasses,

26/09/2008 16:05:44
oh dear, anyone read the financial section of the EEN?

Recession means JJB takes a kickin, oh goodness what would happen if they want the dosh back from scotlands shame asap.

Taxi for murray
156

Gorgie's Finest,

26/09/2008 16:06:49
#152

Now i know you hobos are not the quickest, but really you should make an effort to keep up with events, I posted that story days ago. Its old news.


#155
The guy i know who works there told me one time a bad of "Riordens Finest" fell from the top of a ladder while someone was emptying it into the mixer the bag split and the stuff was everywhere. The guy was sacked on the spot all the workers were taken out till a cleaning crew went in and cleaned it up, no-one was allowed anywhere near it. The mind boggles at how much one of those bags would cost, cause there not little ones, just a little smaller than a 55kg bag of potatos.

#158

As was already pointed out earlier, the whole stock market is in turmoil especially today. Your point about Vlads or UKIO's or UBIG's shares dropping is what exactly?
157

Maroon tinted glasses,

26/09/2008 16:07:21
161 is that what your wife told you??
158

Gorgie's Finest,

26/09/2008 16:11:32
#165

Next he'll be trying to convince us he owns a group called SPL team, whos sole purpose is to noise up Hearts fans, that he employs staff to troll EN forums and other web sites looking for errors in peoples comments or any new news.
159

Roscoe P Coltrane,

26/09/2008 16:14:29
Ronaldo/GF - hey, don't slag the guy off, he's obviously very, very powerful.

Indeed, he works for "the Japanese arm of the IMF" so we'd better not mess.
160

Gorgie's Finest,

26/09/2008 16:17:06
#169

Yeah but what arm is it? the right or left? does he have more power than the guy who works for the left leg of the IMF or right leg? Who is the head of the Japanese IMF?
161

Maroon tinted glasses,

26/09/2008 16:20:41
if it is the right arm and mr big is right handed then would that make BTO a w****r.
162

Rolland,

26/09/2008 16:27:58
#163 - He had the cheek to tell me the point was obvious and now I find out he is a hobo posting old news. Why do these people continue to troll for stories about our club ?

Another to add to the ignore list. Talking of which BTO has raised his heid, however we are over 100 posts in before he is posting which makes a change.
163

Pulitzer,

26/09/2008 16:37:28
Why do you guys pay so much attention to that BTO character if you all seem to think he is one of a kn0b/windup merchant/liar/w4nker or whatever?

I do think though that he is quite funny sometimes if a bit overly blue blinkered.
164

Addie,

26/09/2008 16:38:57
BTO - did I read right, that you have a Mrs?
165

Gorgie's Finest,

26/09/2008 16:39:34
#174 RSE

Theres actually quite a lot registered, but only about a dozen have logged into the forums, until they go into the forums section the first time while logged in whether they post something or not they do not appear on the memberlist.
166

Gorgie's Finest,

26/09/2008 16:40:57
#177

He has 6, one of them is called Palm.
167

Maroon tinted glasses,

26/09/2008 16:41:07
176,

Hey i dont think at any point have i seen anyone call him a whatever!!
168

Neil Waugh,

Old Strathcona 26/09/2008 16:41:39
#163

Guys on the make like Mad Vlad don't just leave 64 million bank shares sitting around in the top drawer of his dresser under the socks.
They "leverage" the value as backing for other deals.
Now a lot of that has been wiped out because the punter are bailing out and the market makers are desperately trying to hold the price at 1.97 LTLs. Which they failed to do today.
Especially after Standard and Poors put his bank on what amounts to a death watch over a huge expansion in loans despite falling real estate values back home and in Russia.
There's a real interesting section in Ukio Bankas unaudited second quarter statement that shows the number of loans which are either "past due" or "individually impaired."
That doesn't mean p!ssed as usual. It means who ever borrowed the money ain't making the payments on time.
Kinda like the Tyncastle payroll.
What the Great Lithuanian may have pledged those shares against isn't known. There's no required stock market disclosure about the private side of his business.
Now his best buddy and Lithuania's soccer supremo (an oxymoron surely?)says there are mysterious "international" tire kickers out there.
As the guy said in All the President's Men "Just follow the money."
Clear as mud, right?
169

Addie,

26/09/2008 16:42:17
#179 I sent him some links yesterday so he could, erm 'get out more' if you know what I mean and by jove - he doesnt hang around!!!! Married already and to a Jambo. Wonder which Jambo he married?
170

Maroon tinted glasses,

26/09/2008 16:42:36
177 yes he has, unfortunatley she wasnt aware of it until the following day when the effects of the rohipnol wore off.
171

Addie,

26/09/2008 16:43:54
#182 Im sorry I really dont know if your a Jambo or not, but you are boring me after the first line. Economics zzzzzz
172

Addie,

26/09/2008 16:44:31
OK fellow Jambos - WHO MARRIED BTO????
173

Addie,

26/09/2008 16:45:06
Vic was it you???

174

LionheartFodithman,

26/09/2008 16:46:12
#187 Diddles the Clown Married the ringmaster.
175

Addie,

26/09/2008 16:48:06
#189 You mean - gasp - Diddles is really a Jambo???

I knew inside everyman on this Earth there is a Jambo waiting to come out....
176

Addie,

26/09/2008 16:49:02
Theres certainly a Rangers fan inside me - but I do need the toilet.
177

LionheartFodithman,

26/09/2008 16:49:33
#190
He must be a Jambo,he is on here more than anybody else,well apart from Serg,but he is a wrong un.
178

Addie,

26/09/2008 16:50:40
Serg is a bit confused these days though.
179

Pulitzer,

26/09/2008 16:52:07
186 BTO - is the would I joke the one that has the "humphy backit git" rejoinder? If so don't bother.
180

LionheartFodithman,

26/09/2008 16:52:41
#192
The world of finance is getting worse,there may not be a Rioters soon.

I think its time those guys pulled there heids out of the sand and started............rioting as they normally do when things dont quite start going there way.
You have to watch with the rioters supporters though m8 because they can change allegence at the drop of a hat.
181

LionheartFodithman,

26/09/2008 16:53:58
Beer time Addie..
See you laters for some waffle.
182

NotAgain...surely!!!!,

26/09/2008 16:55:41
Definitely something fishy about this whole story, unfortunately it is highly unlikely the evening news will be able to find out what it is until it has been reported by other newspapers.

Why would Vlad or his representatives not simply come out and say they were waiting for the HBOS situation to be resolved before putting further money in?

Why will they not give any details on the "technical hitch"

HBOS must know something if they refused to extend Hearts overdraft? Seems rather strange they would do this if UBIG are so regular with their payments?

No one is really in a position to say everything is ok just as no one can really say it isnt. Time will tell...
183

Rolland,

26/09/2008 16:56:55
#196

Yip think they should my mate drives for Murray and guess what he had to pay for fuel and claim back as expenses, which he has had to wait for 3 weeks now. Shocking I know how do you expect these people to put food on the table and pay bills when they employer expects them to fork out for petrol and claim back a month later. Do you think the Current bun and retard will run stories about Murray's lack of funds about 2 of his business are weeks away from closure.
184

Addie,

26/09/2008 16:57:24
Watching Press Box on Setanta and that prik Gerry McNee is gobbing off about Hearts, grrrr I dislike him more than I do Rangers!!!!!!
185

Addie,

26/09/2008 16:58:09
#197 Laters matey
186

Maroon tinted glasses,

26/09/2008 17:03:27
199, WHY should vlad or anyone else come out and explain anything. At what point do any football club owners really come out and tell the fans what they do.
187

NotAgain...surely!!!!,

26/09/2008 17:05:21
I wonder, with Hibs excellent finances if they will win the Cup treble by default this season if they are the only club left?

188

Maroon tinted glasses,

26/09/2008 17:07:10
if he came out and said that "the flooberry grommit hadnt been plugged into the inkto port properly thus creating a shortage in the delivery of the glomp smot that resulted in the non payment of money into the HBOS account"

Would that make it better for everyone and would you really be any the wiser.

Wages have been paid END OF!!
189

Rolland,

26/09/2008 17:07:54
#204 Haha

I doubt it, I'm sure someone will still be around to horse them out the cup. Still they can polish the accounts.

190

NotAgain...surely!!!!,

26/09/2008 17:10:27
MTG just seems like it would have been the logical suggestion and would have nipped this in the bud at the start of the week. Why would HBOS say that Hearts applied for an overdraft extension and it was rejected if Hearts are claiming it is a "technical glitch"? Are HBOS against Hearts too? Surely IF UbiG are as reliable as they would have you believe then HBOS would have had no problems extending this overdraft as it would be more money for them?
191

NotAgain...surely!!!!,

26/09/2008 17:12:32
Rolland no doubt some of the clubs in the lower leagues whose finances are stored in a safety deposit box in the mangers portakabin would put us out.
192

Rolland,

26/09/2008 17:16:38
Could someone pop over to hobo.net (I can't been banned to many times) and find out the next date for our impending Adminstration, whilst there take care, may the force be with you...... oh and remind them its 107.
193

Maroon tinted glasses,

26/09/2008 17:17:01
NAS 207, im not sure if HBOS would really have that much say in it now, maybe vlad spat the dummie out cause they said no and was looking at other avenues! once again no-one knows BUT as i said before almost every club owner keeps their fans in the dark when it suits it just seems that vlad has major trust issues and is better at keeping us in the dark than most!

Paid now so no major issues but if it happens again....
194

Maroon tinted glasses,

26/09/2008 17:19:56
Right guys just about to head off but before i go can someone help me out as i cant think of the missing word


"OH THE HIBEES ARE ..."
195

Maroon tinted glasses,

26/09/2008 17:21:43
he he
196

Rolland,

26/09/2008 17:25:49
221 - Polishing the balance sheet ?
197

Giuseppe Tortolano,

26/09/2008 18:01:03
#126

- You don't use BACS, you authorise CHAPS payments which take less than 24 hours to hit accounts, but this can only be done if you actually have the funds in place.....

"Why did the hoobs break the wage structure for a player who hasnt really played or proved himself in over two years?"

- Hibs don't have a wage structure, they have a wages budget.

- Erm, did you not see the goal on Saturday?

198

Pulitzer,

26/09/2008 18:04:18
sorry BTO - ref my post 194 and your response at 198: it is the same joke and is straight from the playground circa 1970 I think - or at least thats when I first heard it.

Except - replace the "big ears" in your version with a "humped back" in the one I had heard. The critical aspect of the joke is the Would I/wood eye part.

I daresay clever folk on here will be able to insert their own chosen derogatory comment to cater for their own agendas. lol

199

VictorianGorgie,

26/09/2008 18:12:00
#167, "straight round to cash converters for jambos employees"???

eh............... why?

what are they going to do like? take cash out of the atm and go round to CC to convert it into a cheque?

trumpet.

#191 addie, genuine LOL at that one. funniest of the day.

#199, why would they not come out and confirm it was a problem with HBOS???

eh..... it's called discretion. look it up in the dictionary.

trumpet.

#216 GT, still gnashing your teeth about BACS and CHAPS payments???

let it go man, it will eat you up from the inside.



200

Pulitzer,

26/09/2008 18:14:00
BTO Ha Ha. Or you could maybe choose 2 and 1 will be the logical follow on.. Oh damn i shouldn't have used the F word in this post - it will no doubt get you and your puntlt buddy started.
201

Pulitzer,

26/09/2008 18:17:25
220 is that from circa 1870 then. I don't know that one.
202

Addie,

26/09/2008 18:40:37
BTO is int he supermarket and heads to the check out...

Attractive check out operator looks at his many meal for one boxes as she scans them through, 'I can tell your single'

'That obvious' BTO says looking at his meal for one meals.

Checkout operator - 'Aye your an ugly tw@t!

Im here all week....
203

VictorianGorgie,

26/09/2008 18:43:29
#225 addie, that's no very nice of the tidy checkoot lass to say that to her uglier, stupider, less important, shelf stacking colleague.

204

Addie,

26/09/2008 18:45:13
I heard he got turned down for the job. Failed the selection test. He married a Jambo though - wasnt you was it Vic???
205

VictorianGorgie,

26/09/2008 18:47:11
fek me, there's been a bunch of aberdeen fans and a bunch of motherwell fans on reporting scotland. two separate, parallel, real-life 'deliverance' scenarios.

sure you're no an aberdeen fan bore them all?

206

VictorianGorgie,

26/09/2008 18:48:39
#227 addie, i think not. it will be some other circus worker, they tend to be a bit.... 'insular', if you get my meaning.
207

Addie,

26/09/2008 18:50:15
Aberdeen fans - now there's a lovely bunch. Mind you I did give them a wee cheer when the played at Pitodrie last season. It was near the end. The won 2-0. Played a team in blue. The losers moaned about being knackered. Cant remember which team that was. Does anyone remember? BTO - any ideas?
208

Addie,

26/09/2008 18:51:08
#229 All the fun of the fair I guess. Maybe he shacked up with Sideshow Bob?
209

Addie,

26/09/2008 18:54:46
#232 To be ABSOLUTELY honest with you BTO I married a Weegie. From the East End and Father-In-Law is a Rangers fan etc.

But I met her, took her in, gave her a wash and good as new. Took her down to sunny Plymouth, mellowed out her accent so she sounds like my lovely East Coast twang. Still have to stop Mrs A going through the neighbours wheelie bins for bootles of vodka though.
210

Addie,

26/09/2008 18:55:17
fvckin hope she dont go on this forum now or Im in the 5hit!!!!
211

Addie,

26/09/2008 18:55:54
Serg - you are a tw@t but you do make me laugh!
212

Addie,

26/09/2008 18:59:03
#237 You did ask ya gimp
213

Addie,

26/09/2008 18:59:32
BTO I dont feel the love from you these days - have I said anything to offend you?
214

Addie,

26/09/2008 19:05:41
Thank you, but what have I done to offend you?
215

Addie,

26/09/2008 19:14:51
Is your Hearts Babe called Pundid by any chance?

I dont have any issues with you or your club. I just remember the days when I had this skivvie at the SFA - a proper REARanger if you know what I mean - who used to look after 'every whim' of the non playing staff. You kow the coach drivers etc. He had to go to Japan as he kept wetting himself every time Ally would go, 'Buckie, Bootle o' Buckie - on the bus, BRING THEM ON!!!'
216

Addie,

26/09/2008 19:20:29
#248 Cheers for that. Erm, I cant hink of anything to say to that..erm...my mrs is called Vic...
217

VictorianGorgie,

26/09/2008 19:20:49
#248, some couple you. heather and blether.

218

Addie,

26/09/2008 19:22:08
BTO did you use the websites I sent you?
219

Addie,

26/09/2008 19:26:36
#253 Cant find words when you bore me. If you bore this Jambo God only knows how you bore the lovely Heather AKA Puntit.

And who uses the word 'Babe' these days??? How old are you???
220

Gorgie's Finest,

26/09/2008 19:28:38
#234 SERG

Davíd283Shaw,
25/09/2008 21:12:36
############ BREAKING NEWS ############
######## ONE WEEKS WAGES PAID ########

The club will enter administration within the next 7 days due to debts it cannot meet.

HoM players will tomorrow only receive 1 weeks wage.


Please explain serg???????

Still got you backed into a corner i see.
221

Gorgie's Finest,

26/09/2008 19:30:42
#245

Why would you ask if you can have sex without killing your partner BTO?

I heard your partners are already dead (Probably through boredom) by the time it comes for you to do the deed.

There is a law against that.
222

Addie,

26/09/2008 19:32:05
#257 You mean Pundit is no longer with us??? No more Pundiddy? No more expert opinions?? As Windsor Davies would say, 'Oh Dear, How Sad, Nevermind.'
223

Addie,

26/09/2008 19:33:32
He's YOUR man I bet! Do you call him 'Babe' too?
224

Addie,

26/09/2008 19:37:34
#262 You're DEAD boring.
225

Gorgie's Finest,

26/09/2008 19:39:07
#262 BTO

My first wife was called Heather, shes not a geordie by any chance?

226

mcaitchi,

hibs 26/09/2008 20:02:44
268# - I Also Said that This "wages" nonsense would be sorted !! end of ??? - i did hope

Maybe "big rod" is quite clever ??

being A Hibee - i cant really complain !!

we got used to the Excrement - and big fan etc ??
227

hibbydoug,

edinburgh 26/09/2008 20:13:16
brilliant, Hearts pay their players a week late and that is a reason to celebrate !!! sums it up for you lot.
228

Addie,

26/09/2008 20:14:39
#273 Who is celebrating?
229

Gorgie's Finest,

26/09/2008 20:16:49
#266 Waspy

I didnt make the same mistake twice m8, I havent married present GF been with her 10 years and still no proposal, and no intention of making one lol

Happy enough as it is without that carry on.
230

Addie,

26/09/2008 20:19:30
#277 Marriage is great! I get a free Hearts shirt every Xmas and every time I throw clothes on the floor they get picked up, washed and ironed for me. Fandabbydozzy!!

231

Gorgie's Finest,

26/09/2008 20:22:02
#273

Celebrate???? Wheres the celebrations? i must have missed them. Who gave out the invites?

Please dont tell me they have hired those two glaiket looking speccy twins who cant sing to perform at the top of leith walk or something.
232

Gorgie's Finest,

26/09/2008 20:23:16
#277

I get that anyway Addie without a piece of paper to say so.

#278 Cheers Waspy old fella.
233

Addie,

26/09/2008 20:25:58
#280 Do you? Ive been had!!!!

234

Gorgie's Finest,

26/09/2008 20:29:50
#281

Exactly m8, thousands of pounds just for one day, when you can get the same thing for nowt. I know what prefer.
235

Gorgie's Finest,

26/09/2008 20:31:07
#282

PLease say that again less crypticly Serg you little racist piece of filth.

By the way

Davíd283Shaw,
25/09/2008 21:12:36
############ BREAKING NEWS ############
######## ONE WEEKS WAGES PAID ########

The club will enter administration within the next 7 days due to debts it cannot meet.

HoM players will tomorrow only receive 1 weeks wage.


Please explain serg???????
236

Gorgie's Finest,

26/09/2008 20:34:58
#285 Waspy

Exactly my thoughts as well, I havent a clue what the reptile is trying to say. I can only imagine its another racist jibe of some sorts.
237

Gorgie's Finest,

26/09/2008 20:39:59
#286

Serg you are gettiong so so desperate, its showing with each purile attempt.

Ill let you into a little secret but not too much info mind.

A complaint (Not by myself I add) will be making its way to the owner of a certain Hibs site regarding yourself. The person making the complaint has enough evidence of you handing out personal and private information regarding members of that site. Which if you were not already aware is in fact a criminal offence to do so.

Your days of trolling are numbered, little boy.
238

Gorgie's Finest,

26/09/2008 20:44:46
#288

A were back to the comment i made about zemmama the cradle snatcher?

Which if i remember rightly is what i spoke about. His preference to young girls. At no time did i ever mention is race, religion or nationality. The comment which was made was a comment which could have been made about any person. And was in fact less than some of the filth we have witnessed on here. At no point did you ever show me "in a bad light" and if you remember there was actually several Hibs fans even said my comments although they didnt like them, were not deemed racist.

Now yourself

You have cloned peoples names on here and posted disgusting racist filth. Vics name was one of them. You also post inder the name Ugandan Jambo which has been removed several times for racist filth.

As i said your days are numbered serg
239

mcaitchi,

hibs 26/09/2008 20:48:21
AYE - i Also Got Married At "17" - SCANDAL !!!
240

Gorgie's Finest,

26/09/2008 20:53:21
#293

The joke i made may have been in slightly bad taste because id mentioned the fact he was going back home to be with his wife while she gave birth or something like that. That maybe while he is there he could listen to his favourite pop stars record collection, I dont have to spell out the pop singers name that i mentioned.

Nothing scandelous about married at 17, it was intendeed as a little jbe to noise you lot up, and it worked at the time. Certainly a lot less harmless than the jokes and comments made about hearts and our fans regarding rix's appointment, and then the comments when a story appeared in the paper regarding an underage girl meeting a guy at tynie at a match etc etc.

241

Gorgie's Finest,

26/09/2008 20:56:00
#296

post 297 clears that up, and if that is deemed racist then i plead guilty.

I suggest looking up the word racist in the dictionary Serg, you can do it online, you know how to your good at trolling.

The only person your making look stupid here is yourself, just as you did at the time as well, when many people told you there was nothing racist in what i said, including Hibs fans.

Now run along wee boy
242

mcaitchi,

hibs 26/09/2008 20:56:41
297# - i Understand - we all been on the "wind up"

at some point ???

I Just Dont Like The "WEEGIES" that come on here

spouting the BILE -

BANTER is fine pal !!!!
243

mcaitchi,

hibs 26/09/2008 20:58:29
P.S. - KEEP IT UP LOL
244

Lager Lout,

26/09/2008 21:25:33
Hearts? who are Hearts in the real world.
245

Jambo-ree,

26/09/2008 21:29:17
What a scunner - was busy all day today and missed all the fun. Never mind, I'm sure there'll be another non-crisis story along in a wee while just as soon as the journos can make one up.

C'mon the JTs!
246

Gorgie's Finest,

26/09/2008 21:34:38
#305

Why would you be on here then if you dont know the answer to that? No need for you to stay then...toodlepip

#306 JR

Ben an eventfull day nothng to exciting happening the criminally insane didnt appear on here untill much later so a good bit of banter between fans. Then the troglodytes and reptiles crawl out tonight.
247

Lager Lout,

In the Pub! 26/09/2008 21:35:09
cannot see the maroons getting anything from the game tomorrow.
248

Lager Lout,

At the bar! 26/09/2008 21:45:42
Why in the past four years or so,
Have Hearts been so controversial.
249

what a chancer,

using iron of the first 26/09/2008 21:56:31
this match will be the same as falkirk,any slackness and we will be punished,must take our chances with more directness ,make the goalkeeper work and pounce on thier weakness.
250

Lager Lout,

26/09/2008 22:13:48
United are far too strong for the current Hearts team,
2-0 3-1 for the arabs.
251

Lager Lout,

26/09/2008 22:14:55
I thought every team makes the keeper work,
or is it just me?
252

Lager Lout,

26/09/2008 22:14:55
I thought every team makes the keeper work,
or is it just me?
253

LionheartFodithman,

26/09/2008 22:27:36
Serg..
Well out out of order wee boy and of all the punters to pick on you chose me.

Serious error on your part.

Live your present life to the full.
254

mcaitchi,

hibs 26/09/2008 22:36:42
C U All Later - Mind check the cashline the morra ??
255

Addie,

26/09/2008 22:48:47
Evening all. I take it Lager Lout is Serg?
256

Addie,

26/09/2008 22:56:50
Something I said??

Tumbleweed

Echo Echo Echo!!!
257

John McCain's Frozen Chips,

Glasgow 26/09/2008 23:02:25
My summation of the week:
Hearts suffered an embarrassing cash-flow crisis which saw players and staff go without wages for up to seven days.
In the midst of the worst financial crisis in almost 80 years. When investors are extremely jittery.
Not exactly the sort of news to encourage people to maintain faith in Ukio BANKas or UBIG.
Meanwhile, Ukio's shares have been by far the most heavily-traded on the Vilnius stock exchange in Lithuania this week, yet have still nosedived.
An amateur like myself might reckon that the owners have been (unsuccessfully) trying to prop up their own share price, but have had little support.

The value of the Balkan Investment Fund (managed by UBIG's Balkan Investment Bank) has continued to nosedive).
And its major investment in Republika Srpska, the Birac alumina plant, gave up 98% of its capital last week to cover bad debts and its shares are down 86% in 12 months.
Three of Balkan Investment Fund's other major investments have plunged in value this year.

Even to an amateur like myself, it would seem that this is a very bad time to be having such a coming-together of bad news.
Today's depositing of wages may, in time, be seen as merely a stay of execution.

Have a nice weekend!
258

Ulsterjambo,

Co.Down 26/09/2008 23:06:18
_______RELIEF AS WAGES INCIDENT SETTLED!_________________
Derek Riordan wishes to make it clear that his wages issue with Hibs has been settled and was nothing more than a genuine misunderstanding.Young Derek went to Rod Petries office on Thursday to say that his first weeks wages had still not appeared in his account but was quickly put at ease by Mr.Petrie when they were pointed out to him later in the afternoon.He later apologised to Mr.Petrie and said "I see the weeks wages now sir" to which Mr.Petrie replied "That`s for the month son,now get out and don`t bother me again."
Long Live H.M.F.C.
259

Gorgie's Finest,

26/09/2008 23:09:35
#320

There you go again, your obsessed man...obsessed.
Pay particular attention to the first paragraph here. Then concentrate on the second. This is taken from a newspaper with a lot more credibility than your tabloid gutter rags or the amateurs that copy and paste on here, and from someone who knows what they are talking about

"Gloating amateur economists, meanwhile, continue to predict that their notion of the famous old ground being turned into flats within two years is proving more and more prescient by the week. There is no fundamental basis to these theories, mind you, other than Romanov being eastern European, therefore apparently untrustworthy, and owning a little-known bank with which Hearts have borrowing facilities."

"Here's a more concrete statistic; Ukio Bank accounts for 13% of UBIG's operations. Not 80%, not even 50%. InErgo LLC, for example, a US-based investment company, has double Ukio's involvement in UBIG. And few of us know anything about InErgo, other than them being registered in the American state of Delaware. UBIG's entire asset worth may be quoted as hundreds of millions – profits considerably less – but nobody in three years has fully explained the Hearts financial conundrum. Random predictions of Romanov selling Tynecastle and disappearing into the distance hardly help; they also appear unjust by the mere fact that Hearts's borrowings outweigh the value of the stadium, even if that debt is now considerably less than the £36.25m reported in July 2007."

Full Story:
http://www.guardian.co.uk/sport/blog/2008/sep/26/hearts.romanov
260

Addie,

26/09/2008 23:16:24
Right off to bed. Please give Puntit and BTO lots of 5hit. Night night.
261

Jam Tarts 1874,

On the Rebound 27/09/2008 09:31:14
#320. Here is a newsflash for you numbnuts, UKIO Bankas is doing very well thank you:

http://www.ub.lt/ShowPage.aspx?MenuC=1568&ShowDoc=news.2008_09_10&PageLang=ENG&PageFontSize=&BackUrlName=All%20news&BackUrlHref=AllNewsHref

Increased profits - yes they really are in trouble! You think UKIO Bankas is the only investment house to have some dog funds?

I suggest you go back to reading the money page in The Sun, it seems more like your level!


 

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