Stewart wallace and FOH representatives

[Dusk_Till_Dawn]

4 minutes ago, fancy a brew said:

 

Scrutinised for what?

To see if they’re as much of a MASSIVE FAN as Jambo-Fox

[iainmac]

2 hours ago, shaun.lawson said:

 

   

 

Here at the Foundation of Continually Execrable Grammar and Defending the Indefensible, we are delighted that you wish to start pledging again. It is the only right and proper thing for any true Hearts fan to do. 

 

However, for reasons we are sure you will understand, we wish to scrutinise your application first. Please answer the following questions.

 

- Have you ever criticised our hero and saviour, Ann Budge? Y/N

 

- Have you ever criticised the heroic, selfless Foundation? Y/N

 

- Have you ever said anything nice about evil megalomaniac Vladimir Romanov? Y/N

 

- Have you ever criticised Hearts legend Craig Levein? Y/N

 

- Have you ever questioned Robbie Neilson's successful, title-winning management? Y/N

 

Please be aware that it may be necessary to trawl social media in order to confirm the accuracy of your answers and that further evidence in support of your application may be required. 

 

Yours in sport,

 

Your caring sharing Foundation of Hearts. Everything we do, we do it for you.

 

It's an automatic process on a web site. 😎

 

I think we're safe for now! 

[Shooter McGavin]

He’s a mouse, another that can **** off. 
 

Don’t need people like him at a football club. 

[davemclaren]

14 minutes ago, Dusk_Till_Dawn said:

In the interests of balance I will listen but action speaks louder than words and I never see any action on the part of Wallace or FOH.

Good to see you’ll listen with an open mind. 😂

[milky_26]

14 hours ago, Sarah O said:

I'd love to know how many DD's have been cxx'd in the last week. 

a poll might help with that. annonymous and have was your pledge 10-19, 20-29, 30-49, 50+. you would need to accept some people would vote falsely but you could at least make a rough estimate from JKB members

[Japan Jambo]

1 minute ago, milky_26 said:

a poll might help with that. annonymous and have was your pledge 10-19, 20-29, 30-49, 50+. you would need to accept some people would vote falsely but you could at least make a rough estimate from JKB members

 

Pretty sure from what SW said they get an update from GoCardless at the end of every day.

[BonningtonJambo]

15 hours ago, Tom Hardy’s Dug said:

Everyone and I mean everyone at the club, and more recently the FOH, is acting and has been acting like a zombie for 3 years. 
 

It’s actually quite incredible, inexcusable and I genuinely don’t understand it

 

And whilst I don’t want to open up a debate or start an argument the only single person in the last 3 years that has shown any proper passion energy and desire to change the club and the team and turn it around is Stendel.

 

Yet he is the only person in that time that Budge as actually shat on. The guy took no wages whilst Levein continued to coin in 50% FFS.

Punted cause he wanted to play expansive high press attacking football cant have that level of forward thinking manager at hearts under budge

[iainmac]

6 minutes ago, Japan Jambo said:

 

Pretty sure from what SW said they get an update from GoCardless at the end of every day.

 

They do. 

 

Total donations (not pledgers) are  published every month so we'll be able to see at some point where they are in comparison to the high of circa £150K we had at the height of the "Only Hearts" mantra. 

Edited March 28, 2021 by iainmac

[milky_26]

8 minutes ago, Japan Jambo said:

 

Pretty sure from what SW said they get an update from GoCardless at the end of every day.

i doubt they will release that info to us plebs

[The Real Maroonblood]

31 minutes ago, Dusk_Till_Dawn said:

To see if they’re as much of a MASSIVE FAN as Jambo-Fox

 

[Footballfirst]

Pledges since the start of 2020

 

	Total Pledges	Monthly Pledges
Jan-20	9,767,502
Feb-20	10,002,385	234,883	(two months)
Mar-20
Apr-20	10,122,599	120,214
May-20	10,244,072	121,473
Jun-20	10,382,057	137,985
Jul-20	10,537,301	155,244
Aug-20	10,681,578	144,277
Sep-20	10,826,380	144,802
Oct-20	10,968,978	142,598
Nov-20	11,112,411	143,433
Dec-20	11,264,610	152,199
Jan-21	11,552,182	287,572	(two months)
Feb-21
Mar-21	11,691,949	139,767

[Jamdub]

14 hours ago, Footballfirst said:

You have to ask why people are desperate for change. This is not about the last week. There has been a year on year deterioration in both achievements, performance and entertainment going on for five years.  I can even tell you when it started.  Hearts 2-0 up on Hibs in the 2016 Scottish Cup with 10 minutes to go, allowed Hibs to equalise, then failed turn up at the replay.

 

Most fans will understand the concept of having a bad season, but will get increasingly restless when it extends to two, three, four or five seasons.

 

This isn't really about FOH and its membership. It is about all Hearts fans up and down the country. They bought into the promises of being the 3rd biggest club, increasing income generated both internally and externally.  The fans have delivered, the Board, the Management and the Players haven't.

 

Consider what the reaction would be to recent performances if fans were allowed in the stadium.  The protest would at least be on par with that faced by the Pieman.  Budge, Wallace, Neilson and the players have actually had it easy in that regard, sheltered from the immediacy of the wrath of the fans. 

 

The Club and FOH even declined to hold virtual AGMs where fans could participate and ask questions directly of the respective Boards, despite many clubs much smaller than Hearts organising Zoom calls or similar.

 

As with all football clubs, there comes a time when it must act and make changes, whether it wants to or not, otherwise lasting damage will follow, e.g. non renewal of STs, cancelled DDs loss of future fans.

 

Hearts is at that point now, otherwise its short to medium term future is at risk.

Spot on. 

[EIEIO]

14 hours ago, Footballfirst said:

You have to ask why people are desperate for change. This is not about the last week. There has been a year on year deterioration in both achievements, performance and entertainment going on for five years.  I can even tell you when it started.  Hearts 2-0 up on Hibs in the 2016 Scottish Cup with 10 minutes to go, allowed Hibs to equalise, then failed turn up at the replay.

 

Most fans will understand the concept of having a bad season, but will get increasingly restless when it extends to two, three, four or five seasons.

 

This isn't really about FOH and its membership. It is about all Hearts fans up and down the country. They bought into the promises of being the 3rd biggest club, increasing income generated both internally and externally.  The fans have delivered, the Board, the Management and the Players haven't.

 

Consider what the reaction would be to recent performances if fans were allowed in the stadium.  The protest would at least be on par with that faced by the Pieman.  Budge, Wallace, Neilson and the players have actually had it easy in that regard, sheltered from the immediacy of the wrath of the fans. 

 

The Club and FOH even declined to hold virtual AGMs where fans could participate and ask questions directly of the respective Boards, despite many clubs much smaller than Hearts organising Zoom calls or similar.

 

As with all football clubs, there comes a time when it must act and make changes, whether it wants to or not, otherwise lasting damage will follow, e.g. non renewal of STs, cancelled DDs loss of future fans.

 

Hearts is at that point now, otherwise its short to medium term future is at risk.

Spot on @Footballfirst5 years of at best mediocrity.  The sad reality is a downward spiral of turgid eye bleeding football. The football department, if we must call it that , has been an abject failure under Budge with FoH silent or complicit as they are represented on the HMFC board.

[true-jambo]

14 hours ago, Footballfirst said:

You have to ask why people are desperate for change. This is not about the last week. There has been a year on year deterioration in both achievements, performance and entertainment going on for five years.  I can even tell you when it started.  Hearts 2-0 up on Hibs in the 2016 Scottish Cup with 10 minutes to go, allowed Hibs to equalise, then failed turn up at the replay.

 

Most fans will understand the concept of having a bad season, but will get increasingly restless when it extends to two, three, four or five seasons.

 

This isn't really about FOH and its membership. It is about all Hearts fans up and down the country. They bought into the promises of being the 3rd biggest club, increasing income generated both internally and externally.  The fans have delivered, the Board, the Management and the Players haven't.

 

Consider what the reaction would be to recent performances if fans were allowed in the stadium.  The protest would at least be on par with that faced by the Pieman.  Budge, Wallace, Neilson and the players have actually had it easy in that regard, sheltered from the immediacy of the wrath of the fans. 

 

The Club and FOH even declined to hold virtual AGMs where fans could participate and ask questions directly of the respective Boards, despite many clubs much smaller than Hearts organising Zoom calls or similar.

 

As with all football clubs, there comes a time when it must act and make changes, whether it wants to or not, otherwise lasting damage will follow, e.g. non renewal of STs, cancelled DDs loss of future fans.

 

Hearts is at that point now, otherwise its short to medium term future is at risk.

What an excellent post as usual from FF 

 

He has described the reasons behind the feelings of frustration and anger the vast majority of fans are harbouring toward the Boards of both the club and FOH. 

 

His view on the very long term decline in the Club's performance is expressed without all of the usual hyperbole and personal abuse used in some posts, and because of that it is all the more powerful.

 

It would interesting to read a counter argument from the few still clinging to supporting the continuation of AB, RN and possibly SW in situ

 

 

 

 

[iainmac]

40 minutes ago, Footballfirst said:

Pledges since the start of 2020

 

	Total Pledges	Monthly Pledges
Jan-20	9,767,502
Feb-20	10,002,385	234,883	(two months)
Mar-20
Apr-20	10,122,599	120,214
May-20	10,244,072	121,473
Jun-20	10,382,057	137,985
Jul-20	10,537,301	155,244
Aug-20	10,681,578	144,277
Sep-20	10,826,380	144,802
Oct-20	10,968,978	142,598
Nov-20	11,112,411	143,433
Dec-20	11,264,610	152,199
Jan-21	11,552,182	287,572	(two months)
Feb-21
Mar-21	11,691,949	139,767

 

So the peak was actually £155,244. 

 

That's when we were going through the court case / Arbitration. We had a fan base totally behind the club. 

 

Now look where we are. 

[The Real Maroonblood]

1 minute ago, iainmac said:

 

So the peak was actually £155,244. 

 

That's when we were going through the court case / Arbitration. We had a fan base totally behind the club. 

 

Now look where we are. 

Bloody depressing.

[iainmac]

1 minute ago, The Real Maroonblood said:

Bloody depressing.

 

Gross mismanagement on all fronts. 

[Dusk_Till_Dawn]

6 minutes ago, iainmac said:

 

So the peak was actually £155,244. 

 

That's when we were going through the court case / Arbitration. We had a fan base totally behind the club. 

 

Now look where we are. 

No, we had a fanbase who were collectively helping to fight the SPFL/SFA. That’s not the same as being behind Budge, who was already making a horrible mess of things.

[Beni]

44 minutes ago, Footballfirst said:

Pledges since the start of 2020

 

	Total Pledges	Monthly Pledges
Jan-20	9,767,502
Feb-20	10,002,385	234,883	(two months)
Mar-20
Apr-20	10,122,599	120,214
May-20	10,244,072	121,473
Jun-20	10,382,057	137,985
Jul-20	10,537,301	155,244
Aug-20	10,681,578	144,277
Sep-20	10,826,380	144,802
Oct-20	10,968,978	142,598
Nov-20	11,112,411	143,433
Dec-20	11,264,610	152,199
Jan-21	11,552,182	287,572	(two months)
Feb-21
Mar-21	11,691,949	139,767

 

Stuart Wallace said in his podcast interview that only about a dozen people out of 7500 cancelled towards the end of the Levein era. 

I can't find the monthly figures for 2019, can you lay your hands on them?

[iainmac]

7 minutes ago, Dusk_Till_Dawn said:

No, we had a fanbase who were collectively helping to fight the SPFL/SFA. That’s not the same as being behind Budge, who was already making a horrible mess of things.

 

Fair point but most of us wanted her to take on the corrupt SPFL so she got the backing for that, at least. 

[davemclaren]

14 minutes ago, iainmac said:

 

So the peak was actually £155,244. 

 

That's when we were going through the court case / Arbitration. We had a fan base totally behind the club. 

 

Now look where we are. 

The numbers didn’t really drop much from that peak which illustrates the loyalty of the FoH members. We all await next month’s figures with bated breath. 

[iainmac]

2 minutes ago, davemclaren said:

The numbers didn’t really drop much from that peak which illustrates the loyalty of the FoH members. We all await next month’s figures with bated breath. 

 

And that's during a Pandemic. 

 

I don't think anyone can question the backing we've given this club but, as you say, next month's numbers will be telling. 

[Footballfirst]

9 minutes ago, fancy a brew said:

 

Stuart Wallace said in his podcast interview that only about a dozen people out of 7500 cancelled towards the end of the Levein era. 

I can't find the monthly figures for 2019, can you lay your hands on them?

I don't have a month by month breakdown from 2019

 

I do have average pledger numbers from the last four financial years though.

 

30/06/2017	7,906
30/06/2018	7,664
30/06/2019	7,584
30/06/2020	7,873

 

The total pledger contributions for each year (before expenses averaging around 3%) were as follows:

Account Date	Contribution
31-Oct-13	253,179
30-Jun-14	1,006,896
30-Jun-15	1,660,192
30-Jun-16	1,545,280
30-Jun-17	1,515,202
30-Jun-18	1,493,405
30-Jun-19	1,467,854
30-Jun-20	1,458,693

 

You can work out the average monthly donations from the figures above, although there was a one off bequest of £108k to FOH in June 2015..

 

The number of active pledgers rose after the Good Friday Disagreement and during the summer of discontent.  It believe it peaked around 8,500.

 

FOH can probably sustain the immediate loss of pledger numbers of 10-15% as it would only take the numbers back to those seen in early 2020. 

[Beni]

46 minutes ago, Footballfirst said:

I don't have a month by month breakdown from 2019

 

I do have average pledger numbers from the last four financial years though.

 

30/06/2017	7,906
30/06/2018	7,664
30/06/2019	7,584
30/06/2020	7,873

 

The total pledger contributions for each year (before expenses averaging around 3%) were as follows:

Account Date	Contribution
31-Oct-13	253,179
30-Jun-14	1,006,896
30-Jun-15	1,660,192
30-Jun-16	1,545,280
30-Jun-17	1,515,202
30-Jun-18	1,493,405
30-Jun-19	1,467,854
30-Jun-20	1,458,693

 

You can work out the average monthly donations from the figures above, although there was a one off bequest of £108k to FOH in June 2015..

 

The number of active pledgers rose after the Good Friday Disagreement and during the summer of discontent.  It believe it peaked around 8,500.

 

FOH can probably sustain the immediate loss of pledger numbers of 10-15% as it would only take the numbers back to those seen in early 2020. 

 

Thanks.

From the figures you've posted the average monthly number for the year to 06/19 was £122321

With Feb/Mar/20 averaging £117441.

So a drop in monthly pledges of £4880 between 06/19 and 02/20

 

The average pledge per person in the year to 06/20 was £18.50.

So the six people that Stuart Wallace mentioned cancelling in this period must have been very generous pledgers, as their average DD was £806/month.

 

If the disappearing pledgers had been giving the average of £18.50 then there would have been 261 of them.

 

All of these calculations assume other members kept their pledges the same and doesn't take account of one off donations.

[Japan Jambo]

1 hour ago, Footballfirst said:

I don't have a month by month breakdown from 2019

 

I do have average pledger numbers from the last four financial years though.

 

30/06/2017	7,906
30/06/2018	7,664
30/06/2019	7,584
30/06/2020	7,873

 

The total pledger contributions for each year (before expenses averaging around 3%) were as follows:

Account Date	Contribution
31-Oct-13	253,179
30-Jun-14	1,006,896
30-Jun-15	1,660,192
30-Jun-16	1,545,280
30-Jun-17	1,515,202
30-Jun-18	1,493,405
30-Jun-19	1,467,854
30-Jun-20	1,458,693

 

You can work out the average monthly donations from the figures above, although there was a one off bequest of £108k to FOH in June 2015..

 

The number of active pledgers rose after the Good Friday Disagreement and during the summer of discontent.  It believe it peaked around 8,500.

 

FOH can probably sustain the immediate loss of pledger numbers of 10-15% as it would only take the numbers back to those seen in early 2020. 

 

Wonder what the cash needs of FoH are? Thought there was just £100k to go in share purchase terms, presuming funds been committed on tops of this? Wondering what liability they are assuming for covering loans injected.

[Footballfirst]

3 minutes ago, Japan Jambo said:

 

Wonder what the cash needs of FoH are? Thought there was just £100k to go in share purchase terms, presuming funds been committed on tops of this? Wondering what liability they are assuming for covering loans injected.

FOH spends around 3% of the pledges on running costs. The biggest single item is for Direct Debit processing to GoCardless.  Other costs include computers, advertising, professional fees, directors liability insurance and plot ceremonies. 

[Worthing Jambo]

17 hours ago, Footballfirst said:

You have to ask why people are desperate for change. This is not about the last week. There has been a year on year deterioration in both achievements, performance and entertainment going on for five years.  I can even tell you when it started.  Hearts 2-0 up on Hibs in the 2016 Scottish Cup with 10 minutes to go, allowed Hibs to equalise, then failed turn up at the replay.

 

Most fans will understand the concept of having a bad season, but will get increasingly restless when it extends to two, three, four or five seasons.

 

This isn't really about FOH and its membership. It is about all Hearts fans up and down the country. They bought into the promises of being the 3rd biggest club, increasing income generated both internally and externally.  The fans have delivered, the Board, the Management and the Players haven't.

 

Consider what the reaction would be to recent performances if fans were allowed in the stadium.  The protest would at least be on par with that faced by the Pieman.  Budge, Wallace, Neilson and the players have actually had it easy in that regard, sheltered from the immediacy of the wrath of the fans. 

 

The Club and FOH even declined to hold virtual AGMs where fans could participate and ask questions directly of the respective Boards, despite many clubs much smaller than Hearts organising Zoom calls or similar.

 

As with all football clubs, there comes a time when it must act and make changes, whether it wants to or not, otherwise lasting damage will follow, e.g. non renewal of STs, cancelled DDs loss of future fans.

 

Hearts is at that point now, otherwise its short to medium term future is at risk.

Spot on.

The benefit of the doubt has now sadly gone.

The blind optimism has been drained.

 

[Lone Striker]

For anyone who wrote a polite "Mr Angry" email to FoH recently ...... did you get a reply which included this  paragraph ?  Got mine yesterday -  I'm guessing the whole email is a copy/paste standard reply to everyone ...... 

 

If you asked for your pledge to be cancelled or suspended, I have copied Paul who will action that for you. If you have asked for your pledge to be 'withheld' I am afraid we are unable to do that under the terms of the legally binding Bidco agreement. As your Chairman I would also be unwilling to put the club in that position amidst a global pandemic when other income streams have been so seriously impacted.

[David Black]

18 hours ago, Footballfirst said:

You have to ask why people are desperate for change. This is not about the last week. There has been a year on year deterioration in both achievements, performance and entertainment going on for five years.  I can even tell you when it started.  Hearts 2-0 up on Hibs in the 2016 Scottish Cup with 10 minutes to go, allowed Hibs to equalise, then failed turn up at the replay.

 

Most fans will understand the concept of having a bad season, but will get increasingly restless when it extends to two, three, four or five seasons.

 

This isn't really about FOH and its membership. It is about all Hearts fans up and down the country. They bought into the promises of being the 3rd biggest club, increasing income generated both internally and externally.  The fans have delivered, the Board, the Management and the Players haven't.

 

Consider what the reaction would be to recent performances if fans were allowed in the stadium.  The protest would at least be on par with that faced by the Pieman.  Budge, Wallace, Neilson and the players have actually had it easy in that regard, sheltered from the immediacy of the wrath of the fans. 

 

The Club and FOH even declined to hold virtual AGMs where fans could participate and ask questions directly of the respective Boards, despite many clubs much smaller than Hearts organising Zoom calls or similar.

 

As with all football clubs, there comes a time when it must act and make changes, whether it wants to or not, otherwise lasting damage will follow, e.g. non renewal of STs, cancelled DDs loss of future fans.

 

Hearts is at that point now, otherwise its short to medium term future is at risk.

Superb.

[David Black]

3 minutes ago, Lone Striker said:

For anyone who wrote a polite "Mr Angry" email to FoH recently ...... did you get a reply which included this  paragraph ?  Got mine yesterday -  I'm guessing the whole email is a copy/paste standard reply to everyone ...... 

 

If you asked for your pledge to be cancelled or suspended, I have copied Paul who will action that for you. If you have asked for your pledge to be 'withheld' I am afraid we are unable to do that under the terms of the legally binding Bidco agreement. As your Chairman I would also be unwilling to put the club in that position amidst a global pandemic when other income streams have been so seriously impacted.

I cancelled mine about mid-day and within a couple of hours Paul contacted me confirming my cancellation. No problem.

[Lone Striker]

Just now, David Black said:

I cancelled mine about mid-day and within a couple of hours Paul contacted me confirming my cancellation. No problem.

 

Due to rage, I chose not to trust Paul or anyone else  at FoH HQ .... so cancelled the DD myself via online banking. 

[Psychedelicropcircle]

17 hours ago, David Black said:

It's about time Stuart Wallace or Donald Cumming came out and stated what they have said at the most recent board meeting. We have a right to know when a situation becomes as serious as this. With the exception of going into administration, you cannot get more serious. Clearly these 2 have forgotten their role in all this,but it's about time they remembered. 

Sure I read an email he sent to a member saying he won’t disclose what was discussed at any board meeting. Probably followed by how loyal we are as a support & thank you for your contribution blah blah now **** off

[leginten]

8 minutes ago, Psychedelicropcircle said:

Sure I read an email he sent to a member saying he won’t disclose what was discussed at any board meeting. Probably followed by how loyal we are as a support & thank you for your contribution blah blah now **** off

In a nutshell.

[Tom Hardy’s Dug]

3 hours ago, iainmac said:

 

So the peak was actually £155,244. 

 

That's when we were going through the court case / Arbitration. We had a fan base totally behind the club. 

 

Now look where we are. 

I presume the December rise was also an anomaly based on people paying in money for the cup final instead of their match day ticket? 

[Dusk_Till_Dawn]

40 minutes ago, Lone Striker said:

For anyone who wrote a polite "Mr Angry" email to FoH recently ...... did you get a reply which included this  paragraph ?  Got mine yesterday -  I'm guessing the whole email is a copy/paste standard reply to everyone ...... 

 

If you asked for your pledge to be cancelled or suspended, I have copied Paul who will action that for you. If you have asked for your pledge to be 'withheld' I am afraid we are unable to do that under the terms of the legally binding Bidco agreement. As your Chairman I would also be unwilling to put the club in that position amidst a global pandemic when other income streams have been so seriously impacted.

Is that Wallace? Stick the pandemic up your arse you dick.

[Tom Hardy’s Dug]

Stuart Wallace. 
 

Don’t know the guy. Seems quite pompous to me. Hints of the Pieman about him from what I can see.

[ando]

1 hour ago, Footballfirst said:

FOH spends around 3% of the pledges on running costs. The biggest single item is for Direct Debit processing to GoCardless.  Other costs include computers, advertising, professional fees, directors liability insurance and plot ceremonies. 

No rental of premises in the new stand FF to keep all this stuff secure in.

[Footballfirst]

18 minutes ago, Lone Striker said:

For anyone who wrote a polite "Mr Angry" email to FoH recently ...... did you get a reply which included this  paragraph ?  Got mine yesterday -  I'm guessing the whole email is a copy/paste standard reply to everyone ...... 

 

If you asked for your pledge to be cancelled or suspended, I have copied Paul who will action that for you. If you have asked for your pledge to be 'withheld' I am afraid we are unable to do that under the terms of the legally binding Bidco agreement. As your Chairman I would also be unwilling to put the club in that position amidst a global pandemic when other income streams have been so seriously impacted.

I would be interested to know about the "terms of the legally binding Bidco agreement" which prevents sums being withheld by FOH at this stage.

 

Now that the "Senior Loan" (£2.4m) has been acquired in full, the said agreement is redundant (and silent?) about what happens next, barring the share transfer

 

The only outstanding item is the payment to BIDCO/AB of £100k to facilitate the sale and transfer of 75.1% of the shares in the club.

 

There is nothing that I am aware of in the agreement that creates an ongoing "obligation" on FOH.  However, there is one paragraph that allows any funds received from FOH beyond that required to satisfy the Senior Loan Agreement to be forwarded to the Club.

13.3 If any sum which is received or recovered by Bidco under the Senior Loan Agreement is not attributable to any particular amount due under the Senior Loan Agreement, that sum shall be applied by Bidco towards such obligations of the Company as it may determine.

 

My reading of the above is that while FOH continues to transfer cash on a monthly basis, it can be used by the Club. However FOH is currently funding the club without obligation or other agreement on how pledgers cash is used. 

 

FOH really should produce a new funding model going forward.  It was one of my concerns in my response to the governance proposals that FOH had not proposed to set any figure for the proportion of pledges that would go to the club as donations, and conversely, how much FOH could retain for its own use.  (the current agreement had a 95%/5% split)

[One five]

Apologies if it’s already been posted, did someone from the FOH speak on sportsound?if so what did they say ? Sorry but I’ve just had a hectic weekend to read all  the posts , cheers 

[milky_26]

Just now, One five said:

Apologies if it’s already been posted, did someone from the FOH speak on sportsound?if so what did they say ? Sorry but I’ve just had a hectic weekend to read all  the posts , cheers 

i think it was someone from the federation not FOH that was on sportsound yesterday. dont know what they said though

[One five]

2 minutes ago, milky_26 said:

i think it was someone from the federation not FOH that was on sportsound yesterday. dont know what they said though

Ah ok mate cheers for that .

[Japan Jambo]

5 minutes ago, One five said:

Apologies if it’s already been posted, did someone from the FOH speak on sportsound?if so what did they say ? Sorry but I’ve just had a hectic weekend to read all  the posts , cheers 

 

Federation - Steve Kilgour I believe. Reflected the mood...

Edited March 28, 2021 by Japan Jambo
adding

[One five]

3 minutes ago, Japan Jambo said:

 

Federation - Steve Kilgour I believe. Reflected the mood...

Good I hope AB was listening 🤞

[kila]

1 hour ago, Footballfirst said:

There is nothing that I am aware of in the agreement that creates an ongoing "obligation" on FOH.  However, there is one paragraph that allows any funds received from FOH beyond that required to satisfy the Senior Loan Agreement to be forwarded to the Club.

13.3 If any sum which is received or recovered by Bidco under the Senior Loan Agreement is not attributable to any particular amount due under the Senior Loan Agreement, that sum shall be applied by Bidco towards such obligations of the Company as it may determine.

 

My reading of the above is that while FOH continues to transfer cash on a monthly basis, it can be used by the Club. However FOH is currently funding the club without obligation or other agreement on how pledgers cash is used. 

 

We really ought to challenge this.

 

FoH are funding the club while being told to shut up and sit down by Ann Budge. I think it is time the boat was rocked - her power to hire and fire the manager when only she sees fit is why we're in this mess. She is not a football person and never will be. The sooner she is removed from making any football decisions the better.

 

Wallace clearly happy to go along with whatever Budge tells him rather than challenging on behalf of a pissed off membership who are fed up with Neilson and the whole Levein era we're still living through. If he is talking pish in his response then he has to go.

 

[Dusk_Till_Dawn]

1 hour ago, One five said:

Good I hope AB was listening 🤞

Nah, she was too busy pretending to be frightened of a bed sheet

[Dusk_Till_Dawn]

57 minutes ago, kila said:

 

We really ought to challenge this.

 

FoH are funding the club while being told to shut up and sit down by Ann Budge. I think it is time the boat was rocked - her power to hire and fire the manager when only she sees fit is why we're in this mess. She is not a football person and never will be. The sooner she is removed from making any football decisions the better.

 

Wallace clearly happy to go along with whatever Budge tells him rather than challenging on behalf of a pissed off membership who are fed up with Neilson and the whole Levein era we're still living through. If he is talking pish in his response then he has to go.

 

Wolf in sheep’s clothing 

[One five]

3 minutes ago, Dusk_Till_Dawn said:

Nah, she was too busy pretending to be frightened of a bed sheet

😂

[The Real Maroonblood]

6 minutes ago, Dusk_Till_Dawn said:

Nah, she was too busy pretending to be frightened of a bed sheet

She was probably more offended by the swearie word.

[iainmac]

Came across this interview with Stuart and found some interesting quotes. It seems he went in with good intentions wrt accountability. 

 

Ours was different. Once it was clear Ann was going to take over, everyone was working hand in hand.

“There has to be proper governance to hold each other accountable but we’re all after the same end game – and we’re trailblazing.

 

“A number of really important things have to be vested in the fans because they’re putting their money in, they’re expecting accountability.

 

We’ll ask healthy questions, we won’t be yes people but we’ll also ask them in a structured way.

 

Full article here:

 

https://www.dailyrecord.co.uk/sport/football/football-news/new-foundation-hearts-chairman-stuart-10101625

 

[One five]

2 hours ago, Dusk_Till_Dawn said:

Nah, she was too busy pretending to be frightened of a bed sheet

😂