Problem Officer? Posted November 22, 2011 Share Posted November 22, 2011 Link to comment Share on other sites More sharing options...
Snake Plissken Posted November 22, 2011 Share Posted November 22, 2011 This is basic business negotiation at work. Vlad demands a huge price for the club, a buyer offers considerably less and they haggle until they meet in the middle. The middle is where Vlad wanted to be all along. That's why he's rich. Link to comment Share on other sites More sharing options...
The Merse Posted November 22, 2011 Share Posted November 22, 2011 I love whenever Vlad says something ridiculous he is just being a wind-up merchant and not just being the fruit loop that he is. What a fandan he is. Link to comment Share on other sites More sharing options...
Le Chat Posted November 22, 2011 Share Posted November 22, 2011 Worth every penny Link to comment Share on other sites More sharing options...
Vlad-Stupid Posted November 22, 2011 Share Posted November 22, 2011 I love whenever Vlad says something ridiculous he is just being a wind-up merchant and not just being the fruit loop that he is. What a fandan he is. Aye, he should just be going around telling newspapers we're worth **** all, that'll get a good price for us Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 Well... Discounting the money Hearts have taken in during that time (and the best spin does ignore simple things like that) he's probably not far off He said HE PLOUGHED ?200m INTO THE CLUB,he's way if if he said such crap. Link to comment Share on other sites More sharing options...
topcat Posted November 22, 2011 Share Posted November 22, 2011 Around ?50 million if it's referring to Lith Litas - makes a bit more sense (still an awful lot for such little reward!) That would make sense The Debt For Equity Swaps accound for ?22,000,000,. Buying the debt from SMG and HBOS would be about the same and then there's the price of buying out Chris Robinsons shares and extending additional loans to Hearts. Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 That would make sense The Debt For Equity Swaps accound for ?22,000,000,. Buying the debt from SMG and HBOS would be about the same and then there's the price of buying out Chris Robinsons shares and extending additional loans to Hearts. Pretty sure they wrote of our debt to them as "bad debt" long before vlad got involved. . Link to comment Share on other sites More sharing options...
2NaFish Posted November 22, 2011 Share Posted November 22, 2011 No doubt someone will come on and tell you he did,"and here's how............................" That (?50mil) would make sense The Debt For Equity Swaps accound for ?22,000,000,. Buying the debt from SMG and HBOS would be about the same and then there's the price of buying out Chris Robinsons shares and extending additional loans to Hearts. Aye, but you can prove anything with 'facts'. Link to comment Share on other sites More sharing options...
Victorian Posted November 22, 2011 Share Posted November 22, 2011 i can't quite believe it... there's actually a couple of haters on here who are CHOKING for someone to try and justify the ?200M comment. you would like that haters, wouldn't you just? :greggy: Link to comment Share on other sites More sharing options...
adayinmay Posted November 22, 2011 Share Posted November 22, 2011 He's said some loony things in his time but to claim he's ploughed in over 200 million is the most ridiculous thing to have ever come out of his mouth ever. If he had 'ploughed' a quarter of that we would be multi SPL champions by now. Fud. Link to comment Share on other sites More sharing options...
HMFC4ME Posted November 22, 2011 Share Posted November 22, 2011 Whoops! you're correct hackney hearts, only missed a couple of zeros, nothing much Link to comment Share on other sites More sharing options...
Jezza Posted November 22, 2011 Share Posted November 22, 2011 Aye, he should just be going around telling newspapers we're worth **** all, that'll get a good price for us He should concentrate on getting us out of the mess we are in and finding a buyer through the proper channels not talking pish to a Russian newspaper. I'm glad some people think it's funny that Romanov thinks this is one big joke. He couldnt give a shite what any of us think or the players he isn't paying on time. Link to comment Share on other sites More sharing options...
Martin_T Posted November 22, 2011 Share Posted November 22, 2011 That would make sense The Debt For Equity Swaps accound for ?22,000,000,. Buying the debt from SMG and HBOS would be about the same and then there's the price of buying out Chris Robinsons shares and extending additional loans to Hearts. Sunk costs bear no relation to the current valuation of the business, if they did RBS would be worth a fortune. VR is either: A) Taking the piss Or Completely mental Depressingly, we are stuck with him at that valuation, no one would touch the club. Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 Aye, but you can prove anything with 'facts'. Think TC is saying that he has spent ?50m as opposed to ?200m,which has been pointed out that if he was saying 200m Lithuanian Litas would equate to ?50m,get my drift. Link to comment Share on other sites More sharing options...
Francis Albert Posted November 22, 2011 Share Posted November 22, 2011 Pretty sure they wrote of our debt to them as "bad debt" long before vlad got involved. . I think that's right but he did buy out SMG's share at the equivalent of a slice of the debt to them and above the market value odf its share, such as that was.. Anyway, for those interested consortia there are actually a couple of positives in Vlad's message (and you always need to read between the lines at this stage of a negotiation). He concedes that the money he has spent is irrelevant in valuing the business, and that he is going to have to accept a lot less. And he doesn't mention the current debt in his valuation. It should be easy to refute his contentions that the ground is worth ?25m and that the club as a "project" is worth anywhere near ?25m (or indeed any positive number) if saddled with ?35m of debt. If the consortia are serious, they have been given something to work on. Link to comment Share on other sites More sharing options...
Vlad-Stupid Posted November 22, 2011 Share Posted November 22, 2011 He should concentrate on getting us out of the mess we are in and finding a buyer through the proper channels not talking pish to a Russian newspaper. I'm glad some people think it's funny that Romanov thinks this is one big joke. He couldnt give a shite what any of us think or the players he isn't paying on time. How do you or I know that he isn't trying to find buyer's 'through the proper channels'? As usual, he's quoted a couple of sentences in a newspaper and half of JKB wet their knickers in rage Link to comment Share on other sites More sharing options...
Francis Albert Posted November 22, 2011 Share Posted November 22, 2011 He's said some loony things in his time but to claim he's ploughed in over 200 million is the most ridiculous thing to have ever come out of his mouth ever. If he had 'ploughed' a quarter of that we would be multi SPL champions by now. Fud. He did (more or less) , and we aren't. Link to comment Share on other sites More sharing options...
The Old Tolbooth Posted November 22, 2011 Share Posted November 22, 2011 that article states that Vlad has chucked ?200Million into hearts, it also says his net worth is ?200 million, so essentially(forgetting inflation etc) he's invested 50% of his wealth in Hearts. wtf was he thinking? And you believe that? Link to comment Share on other sites More sharing options...
Jammy T Posted November 22, 2011 Share Posted November 22, 2011 Aye, he should just be going around telling newspapers we're worth **** all, that'll get a good price for us Well he has been going around telling the russian papers that Scottish football is on its death bed and is run by various mafia outlets destined to prevent anyone other than the old firm ever winning anything Doesnt sounds like that astute a sales pitch to me.... Link to comment Share on other sites More sharing options...
The Mighty Thor Posted November 22, 2011 Share Posted November 22, 2011 He's put in ?200 million He is becoming more mitty-esque with every passing day. ?200 million :lol: Link to comment Share on other sites More sharing options...
Der Kaiser Posted November 22, 2011 Share Posted November 22, 2011 Our status has changed on e-bay to "Buy it Now". Vladimir Romanov - Top Rated Seller 9.8% Positive Feedback Dispatches items quickly. Postage is free though. Link to comment Share on other sites More sharing options...
Craigieboy Posted November 22, 2011 Share Posted November 22, 2011 Good luck with that one Vladster. EDIT - just read the 200m bit. Link to comment Share on other sites More sharing options...
Vlad-Stupid Posted November 22, 2011 Share Posted November 22, 2011 Well he has been going around telling the russian papers that Scottish football is on its death bed and is run by various mafia outlets destined to prevent anyone other than the old firm ever winning anything Doesnt sounds like that astute a sales pitch to me.... TBF I dont think he rang up the paper and asked them to put an ad in the classified. He's selling three clubs, this is going to make the news whether we like it or not. I cant see why folk are bothered if he says he's ploughed in ?20 or ?2billion. Dont really see what difference it makes at the end of the day Link to comment Share on other sites More sharing options...
john brownlee Posted November 22, 2011 Share Posted November 22, 2011 Cracking wind up, watch the rags be all over this like a rash amd the usual suspects on here (lastest count four) the sencible people see it as it was intended, a big walloper of a wind up. knobs the lot of them Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 Well he has been going around telling the russian papers that Scottish football is on its death bed and is run by various mafia outlets destined to prevent anyone other than the old firm ever winning anything Doesnt sounds like that astute a sales pitch to me.... Just goes to show just how much a bampot he really is,slagging of the very product you are trying to sell,Ratners anyone? Link to comment Share on other sites More sharing options...
Diego10 Posted November 22, 2011 Share Posted November 22, 2011 That would make sense The Debt For Equity Swaps accound for ?22,000,000,. Buying the debt from SMG and HBOS would be about the same and then there's the price of buying out Chris Robinsons shares and extending additional loans to Hearts. it would also make his valuation of the club at 50m (around ?12.5m) much more realistic as well. although that doesn't include ?30m+ worth of debt of course. Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 amd the usual suspects on here (lastest count four) the sencible people see it as it was intended, a big walloper of a wind up. knobs the lot of them As I've already said,do you and your friends honestly think that vlad would manipulate the Russian press just so he could have a wee laugh at the Scottish press,being serious here,do you think thats what he's done if indeed the story is true? Link to comment Share on other sites More sharing options...
john brownlee Posted November 22, 2011 Share Posted November 22, 2011 So let me get this clear,he's going to manipulate the Russian press to play a wee joke on the Scottish press,is that what your saying? and you bite reel yer neck in. Link to comment Share on other sites More sharing options...
Vlad-Stupid Posted November 22, 2011 Share Posted November 22, 2011 Just goes to show just how much a bampot he really is,slagging of the very product you are trying to sell,Ratners anyone? I think the deal breaker on the sale will be the fact that our very generous leader takes a hit on all the debt and we come out the other end of the sale 30m better off. He'll still be a ***** though eh Link to comment Share on other sites More sharing options...
hawaii Posted November 22, 2011 Share Posted November 22, 2011 Good old Vlad. In one interview to a Russian newspaper he has effectively guaranteed Hearts days of press coverage in Scotland. As to the comment asking if Vlad would do an interview in Russia just to wind up the Scottish press - really? I would have thought that was blatantly obvious going by past deeds. Link to comment Share on other sites More sharing options...
i8hibsh Posted November 22, 2011 Share Posted November 22, 2011 He thinks our squad is worth 25 million Link to comment Share on other sites More sharing options...
loveofthegame Posted November 22, 2011 Share Posted November 22, 2011 Feared this would be the case. He was never, ever going to just "cut his losses" and sell up on the cheap. And he's spent ?200M on us- absolute fantasising bufoon. We may be stuck with him for a good while yet. Link to comment Share on other sites More sharing options...
Ryan Gosling Posted November 22, 2011 Share Posted November 22, 2011 Mr Romanov is quite right. Link to comment Share on other sites More sharing options...
hmfc1440 Posted November 22, 2011 Share Posted November 22, 2011 Sunk costs bear no relation to the current valuation of the business, if they did RBS would be worth a fortune. VR is either: A) Taking the piss Or Completely mental Depressingly, we are stuck with him at that valuation, no one would touch the club. These are by far and away the 2 most accurate options available on this garbage. Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 Good old Vlad. In one interview to a Russian newspaper he has effectively guaranteed Hearts days of press coverage in Scotland. As to the comment asking if Vlad would do an interview in Russia just to wind up the Scottish press - really? I would have thought that was blatantly obvious going by past deeds. So he's now effectively p15sed of the press here as well as in Russia then,don't think they'll be to pleased about him trying to make an arse of them as well,do you? Link to comment Share on other sites More sharing options...
colinmaroon Posted November 22, 2011 Share Posted November 22, 2011 To be fair he's only saying what he think's it's 'worth'. He'll be talking it up as much as possible to make a low figure sound like a bargain to prospective buyers (if they are out there!) Exactly!!! It's as plain as the nose on your face! However, it's fodder for the donkeys! Link to comment Share on other sites More sharing options...
Francis Albert Posted November 22, 2011 Share Posted November 22, 2011 If I were a serious potential buyer I'd be delighted witth Vlad's statement. He has told them how the business should be valued and no serious buyer would have any difficulty with the priciples he has outlined. I(It often takes a long time to get that far in a commercial negotiation). He says it is worth the value of the ground plus the value of the business as a project. The value of the ground is something that can be assessed by independent experts. The value of the project is the discounted cah flow of future earnings. Any serious buyer will have a business plan with projections of future profis, taking account the cost of servicing various levels of debt. Over to you, consortia. Link to comment Share on other sites More sharing options...
colinmaroon Posted November 22, 2011 Share Posted November 22, 2011 This is basic business negotiation at work. Vlad demands a huge price for the club, a buyer offers considerably less and they haggle until they meet in the middle. The middle is where Vlad wanted to be all along. That's why he's rich. As I've said already, only an idiot wouldn't see this. Link to comment Share on other sites More sharing options...
colinmaroon Posted November 22, 2011 Share Posted November 22, 2011 If I were a serious potential buyer I'd be delighted witth Vlad's statement. He has told them how the business should be valued and no serious buyer would have any difficulty with the priciples he has outlined. I(It oftenn takes a long time to get that far in a commercial negotiation). He says it is worth the value of the ground plus the value of the business as a project. The value of the ground is something that can be assessed by independent experts. The value of the project is the discounted cah flow of future earnings. Any serious buyer will have a business plan with projections of future profis, taking account the cost of servicing various levels of debt. Over to you, consortia. FA, there you go again!!! What have I told you about posting "sense" on here! It's not welcome!!! Link to comment Share on other sites More sharing options...
Hackney Hearts Posted November 22, 2011 Share Posted November 22, 2011 Whoops! you're correct hackney hearts, only missed a couple of zeros, nothing much You're not Vlad's accountant, are you? Link to comment Share on other sites More sharing options...
Vlad-Stupid Posted November 22, 2011 Share Posted November 22, 2011 As I've said already, only an idiot wouldn't see this. JKB is not in short supply though Link to comment Share on other sites More sharing options...
hawaii Posted November 22, 2011 Share Posted November 22, 2011 So he's now effectively p15sed of the press here as well as in Russia then,don't think they'll be to pleased about him trying to make an arse of them as well,do you? So Vlad has never used a tame Russian journo to release a story knowing full well that it would make it's way back to Scotland before?? And why would he bother what the Scottish press think about him? The same Scottish press who nicknamed him Mad Vlad? What other football owner in Scotland have the press awarded a nickname to? Link to comment Share on other sites More sharing options...
Rocky jamboa Posted November 22, 2011 Share Posted November 22, 2011 Where's he getting the 200 million from? He's not put any of his own money into hearts, hence why we're ?35m in debt! Surely a new owner would just take on the clubs debt and Romanov would walk away. Link to comment Share on other sites More sharing options...
rudi Posted November 22, 2011 Share Posted November 22, 2011 As I've said already, only an idiot wouldn't see this. And only an idiot would try and rip the product to pieces and tell all how bad these media and mafia types are making it almost impossible to invest in it,and then try and sell it for ?50m,as I've said,Ratners. Link to comment Share on other sites More sharing options...
rossthejambo Posted November 22, 2011 Share Posted November 22, 2011 I think there's too many people here taking this at face value (not that I'm surprised with the amount of drama queen roasters on here). I give you exhibits A through to G and thrice How much did you buy us for mr vlad ? Don't see how this is funny TBH. He's not including the debt in this so he's expecting ?80m+ just to buy us and keep us afloat. We'll never get a buyer. Oh come on. FFS this isnt a laughing matter. We're practically bust and that erse is coming out with stuff like that 1. we cant pay our debts as they fall due 2. our liabilities (eg the debt, circa ?30m) are more than our assets (land plus players - at current prices no more than ?20m imho) This summary is a business that is technically insolvent and is worth zilch. You dont need to undertake any expensive due diligence to work that out. And even Vlad's staunchest ally cannot believe he has spent ?200m on us?? How can anyone do business with such a fantasist. Vlad's a feckin joker! He said HE PLOUGHED ?200m INTO THE CLUB,he's way if if he said such crap. He's said some loony things in his time but to claim he's ploughed in over 200 million is the most ridiculous thing to have ever come out of his mouth ever. If he had 'ploughed' a quarter of that we would be multi SPL champions by now. Fud. Just goes to show just how much a bampot he really is,slagging of the very product you are trying to sell,Ratners anyone? I rest my case Link to comment Share on other sites More sharing options...
i8hibsh Posted November 22, 2011 Share Posted November 22, 2011 Ok Vlad if you want ?50,000,000 pounds for your company I want 10,000,000 % of the company Link to comment Share on other sites More sharing options...
Vlad-Stupid Posted November 22, 2011 Share Posted November 22, 2011 Why is everyone wetting their knickers over the "200m"?? What ******* difference does it make how much he's spent? Link to comment Share on other sites More sharing options...
Seymour M Hersh Posted November 22, 2011 Share Posted November 22, 2011 I think it just confirms that, in reality, Vlad does not want to sell us. C'mon haters. Hate why don't you. Link to comment Share on other sites More sharing options...
Boris Posted November 22, 2011 Share Posted November 22, 2011 Where's he getting the 200 million from? He's not put any of his own money into hearts, hence why we're ?35m in debt! Surely a new owner would just take on the clubs debt and Romanov would walk away. And then Vlad calls in the debt? Kerrrching! Link to comment Share on other sites More sharing options...
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