slfjambo Posted September 25, 2008 Share Posted September 25, 2008 http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/article1731094.ece I won't sell, I'm staying By ROBERT MARTIN Published: Today HEARTS supremo Vladimir Romanov has knocked back a megabucks bid to buy the club. SunSport can reveal a group of foreign businessmen wanted to snap up his 82 per cent stake in the Jambos. But despite the Tynecastle side toiling with crushing debts of ?36MILLION, tycoon Romanov says he has NO INTENTION of selling up. News of the approach comes as players and staff await overdue wages which Vlad claims will finally be paid on Friday. Lithuanian FA chief Liutauras Varanavicius is a trusted Romanov ally and he revealed: ?There were people there but they were not serious in my eyes. ?It?s true they wanted to buy out the club ? but they didn?t know how they were going to. ?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. ?He is the man with the plans for Hearts and he will be the one who carries them out.? Varanavicius ? who also holds a position within Romanov?s UKIO bank hierarchy? blasted suggestions that his pal had lost interest in the Jambos. He said: ?That?s stupid. I spoke with Vladimir this morning and I can assure you he?s not lost any passion for Hearts. ?And I can also say there are no money problems. There were funds due to go in last Friday and they were incorrectly done. But the money WAS there.? Romanov flew right-hand man Sergejus Fedotovas to Edinburgh on Tuesday to reassure worried staff the club?s future was not in doubt. Fedotovas said: ?I am confident there is no salary issue. Everyone will be paid.? Meanwhile, Tynecastle captain Christophe Berra hit out at claims his team-mates are on the verge of striking. He said: ?We are total professionals.? Link to comment Share on other sites More sharing options...
Drylaw Hearts Posted September 25, 2008 Share Posted September 25, 2008 More bollocks. Link to comment Share on other sites More sharing options...
Deevers Posted September 25, 2008 Share Posted September 25, 2008 If he's leaked this to the press, it makes me wonder if he is actually trying to drum up some interest in the club in the hope of being able to sell. Link to comment Share on other sites More sharing options...
vegas-voss Posted September 25, 2008 Share Posted September 25, 2008 Is that not a re hash of a story from months ago.I am sure i read about this offer before. Link to comment Share on other sites More sharing options...
Drylaw Hearts Posted September 25, 2008 Share Posted September 25, 2008 If he's leaked this to the press, it makes me wonder if he is actually trying to drum up some interest in the club in the hope of being able to sell. Hopefully. Link to comment Share on other sites More sharing options...
Examiner Posted September 25, 2008 Share Posted September 25, 2008 If he's leaked this to the press, it makes me wonder if he is actually trying to drum up some interest in the club in the hope of being able to sell. Sorry. Vlad would choose to leak this to the SUN?? Ermmm. It is made up from an old quote from earlier this year IMO Link to comment Share on other sites More sharing options...
spacerjoe Posted September 25, 2008 Share Posted September 25, 2008 HEARTS supremo Vladimir Romanov has knocked back a megabucks bid to buy the club. Clearly rubbish. Nobody in their right mind would want to buy us right now. Unless they had ulterior motives... Link to comment Share on other sites More sharing options...
The xx Posted September 25, 2008 Share Posted September 25, 2008 Would believe the story more if you said you read it written in some grafitti up Sighthill Link to comment Share on other sites More sharing options...
KisLas Posted September 25, 2008 Share Posted September 25, 2008 Reads like the article was writen by a 10 year old kid or a retarded monkey. Link to comment Share on other sites More sharing options...
Guest GhostHunter Posted September 25, 2008 Share Posted September 25, 2008 Reads like the article was writen by a 10 year old kid or a retarded monkey. Hi Vlad ! Link to comment Share on other sites More sharing options...
KisLas Posted September 25, 2008 Share Posted September 25, 2008 Hi Vlad ! I wish I'm just talking about the writing "style" of the article Link to comment Share on other sites More sharing options...
the voice from above Posted September 25, 2008 Share Posted September 25, 2008 Some of the worst journo work I've seen in a while. And that's a tough list to get onto... Link to comment Share on other sites More sharing options...
Spy Posted September 25, 2008 Share Posted September 25, 2008 For some on here who think they can do better than Vlad now is the time to put your money where your mouth is and show us how. Link to comment Share on other sites More sharing options...
Craig_ Posted September 25, 2008 Share Posted September 25, 2008 Link to comment Share on other sites More sharing options...
dougiejt Posted September 25, 2008 Share Posted September 25, 2008 Hearts majority shareholder Vladimir Romanov has turned down a huge bid to buy the club from a group of foreign business men who wanted to snap up his 82% stake in the Edinburgh club. (The Scottish Sun) Link to comment Share on other sites More sharing options...
Chad Sexington Posted September 25, 2008 Share Posted September 25, 2008 Hearts majority shareholder Vladimir Romanov has turned down a huge bid to buy the club from a group of foreign business men who wanted to snap up his 82% stake in the Edinburgh club. (The Scottish Sun) http://www.hmfckickback.co.uk/showthread.php?t=29644 Link to comment Share on other sites More sharing options...
Dr. Bapswent Posted September 25, 2008 Share Posted September 25, 2008 Hearts majority shareholder Vladimir Romanov has turned down a huge bid to buy the club from a group of foreign business men who wanted to snap up his 82% stake in the Edinburgh club. (The Scottish Sun) Thanks for this, saves me reading through the huge thread already posted here. http://www.hmfckickback.co.uk/showthread.php?t=29536 Link to comment Share on other sites More sharing options...
speedbump Posted September 25, 2008 Share Posted September 25, 2008 Thanks for this, saves me reading through the huge thread already posted here. http://www.hmfckickback.co.uk/showthread.php?t=29536 Or the above reply:p:p Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted September 25, 2008 Share Posted September 25, 2008 If he's leaked this to the press, it makes me wonder if he is actually trying to drum up some interest in the club in the hope of being able to sell. Quite possibly mate though maybe they are using the story of the plumber getting in touch recently as foundation! Link to comment Share on other sites More sharing options...
Guest jambomickey Posted September 25, 2008 Share Posted September 25, 2008 the quicker somebody buys him out the better as far as i'm concerned! the quotes in the daily record sum him and his puppets well, lies lies and more lies Link to comment Share on other sites More sharing options...
Charlie-Brown Posted September 25, 2008 Share Posted September 25, 2008 It must be taken from a previous story as it quotes 82% shareholding but this increased to over 90% when there was the debt to equity swap in july. Link to comment Share on other sites More sharing options...
Rudolf's Mate Posted September 25, 2008 Share Posted September 25, 2008 the quicker somebody buys him out the better as far as i'm concerned! the quotes in the daily record sum him and his puppets well, lies lies and more lies If anyone is a liar it's the journo's at the record. This quote should tell you all you need to know.... 'But after half an hour they called back to say they had changed their minds on issuing a statement over the future of Fedotovas.' You honestly think anyone from Vlad's camp is going to call the DR of all papers??? NOT A CHANCE IN HELL. And I'm not a follower in case ur wondering. In an ideal world some mega rich Jambo would buy the club but until that happens I'll settle for a mega rich middle eastern group! Link to comment Share on other sites More sharing options...
Paolo Posted September 25, 2008 Share Posted September 25, 2008 http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/article1731094.ece I won't sell, I'm staying By ROBERT MARTIN Published: Today HEARTS supremo Vladimir Romanov has knocked back a megabucks bid to buy the club. SunSport can reveal a group of foreign businessmen wanted to snap up his 82 per cent stake in the Jambos. But despite the Tynecastle side toiling with crushing debts of ?36MILLION, tycoon Romanov says he has NO INTENTION of selling up. News of the approach comes as players and staff await overdue wages which Vlad claims will finally be paid on Friday. Lithuanian FA chief Liutauras Varanavicius is a trusted Romanov ally and he revealed: ?There were people there but they were not serious in my eyes. ?It?s true they wanted to buy out the club ? but they didn?t know how they were going to. ?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. ?He is the man with the plans for Hearts and he will be the one who carries them out.? Varanavicius ? who also holds a position within Romanov?s UKIO bank hierarchy? blasted suggestions that his pal had lost interest in the Jambos. He said: ?That?s stupid. I spoke with Vladimir this morning and I can assure you he?s not lost any passion for Hearts. ?And I can also say there are no money problems. There were funds due to go in last Friday and they were incorrectly done. But the money WAS there.? Romanov flew right-hand man Sergejus Fedotovas to Edinburgh on Tuesday to reassure worried staff the club?s future was not in doubt. Fedotovas said: ?I am confident there is no salary issue. Everyone will be paid.? Meanwhile, Tynecastle captain Christophe Berra hit out at claims his team-mates are on the verge of striking. He said: ?We are total professionals.? And the award for the thread with the longest title goes to.... Link to comment Share on other sites More sharing options...
DETTY29 Posted September 25, 2008 Share Posted September 25, 2008 It must be taken from a previous story as it quotes 82% shareholding but this increased to over 90% when there was the debt to equity swap in july. Mr Martin was also corrected on here as well surrounding the probable level of the club's debt as well, but again no reference to the income/investment of the last 14 months or so. I mentioned yesterday he was technically correct in what he said as at least he mentioned at the last set of audited accounts...No reference this time Robert. Link to comment Share on other sites More sharing options...
redm Posted September 25, 2008 Share Posted September 25, 2008 If he's leaked this to the press, it makes me wonder if he is actually trying to drum up some interest in the club in the hope of being able to sell. There's a direct quote so I guess there's some element of truth to it. The way I read it, it's simply Vlad & chums telling us three things: * Vlad isn't going anywhere * There are no financial problems * The club is an attractive proposition but would only be sold for the right price, otherwise it's business as usual Link to comment Share on other sites More sharing options...
Ryan Gosling Posted September 25, 2008 Share Posted September 25, 2008 I must have imagined the debt for equity swap. Link to comment Share on other sites More sharing options...
Guest jambomickey Posted September 25, 2008 Share Posted September 25, 2008 If anyone is a liar it's the journo's at the record. This quote should tell you all you need to know.... 'But after half an hour they called back to say they had changed their minds on issuing a statement over the future of Fedotovas.' You honestly think anyone from Vlad's camp is going to call the DR of all papers??? NOT A CHANCE IN HELL. And I'm not a follower in case ur wondering. In an ideal world some mega rich Jambo would buy the club but until that happens I'll settle for a mega rich middle eastern group! don't buy that at all! so you think the reporter has made that up? they even mentioned the persons name they spoke to Link to comment Share on other sites More sharing options...
redm Posted September 25, 2008 Share Posted September 25, 2008 I must have imagined the debt for equity swap. Yeah, I noticed that most of the reports over the last few days appear to have forgotten all about that. Silly sausages. Must have slipped their minds.... Link to comment Share on other sites More sharing options...
deejtee Posted September 25, 2008 Share Posted September 25, 2008 Most telling quote is that the consortium don'k know how they are going to etc. When will folk wake up to the fact that no-one with real money is ever going to buy our club. The nearest we got was Vlad. Maybe one of the problems is that the people who come up with the guff don't understand how much money someone would have to throw at us to take us to the level that we dreamt of three years ago or even the pre pieman days. Link to comment Share on other sites More sharing options...
sked21 Posted September 25, 2008 Share Posted September 25, 2008 One thing that is doing my nut in is folk keep mentioning the ?36m debt. I know they are just taking it from the last accounts. But come on, your journos. The ?12m debt for equity swap and the ?12.5m in player sales. Link to comment Share on other sites More sharing options...
h-e-a-r-t-s Posted September 25, 2008 Share Posted September 25, 2008 Clearly rubbish. Nobody in their right mind would want to buy us right now. Unless they had ulterior motives... like what? Link to comment Share on other sites More sharing options...
DC_92 Posted September 25, 2008 Share Posted September 25, 2008 http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/article1731094.ece I won't sell, I'm staying By ROBERT MARTIN Published: Today HEARTS supremo Vladimir Romanov has knocked back a megabucks bid to buy the club. SunSport can reveal a group of foreign businessmen wanted to snap up his 82 per cent stake in the Jambos. But despite the Tynecastle side toiling with crushing debts of ?36MILLION, tycoon Romanov says he has NO INTENTION of selling up. News of the approach comes as players and staff await overdue wages which Vlad claims will finally be paid on Friday. Lithuanian FA chief Liutauras Varanavicius is a trusted Romanov ally and he revealed: ?There were people there but they were not serious in my eyes. ?It?s true they wanted to buy out the club ? but they didn?t know how they were going to. ?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. ?He is the man with the plans for Hearts and he will be the one who carries them out.? Varanavicius ? who also holds a position within Romanov?s UKIO bank hierarchy? blasted suggestions that his pal had lost interest in the Jambos. He said: ?That?s stupid. I spoke with Vladimir this morning and I can assure you he?s not lost any passion for Hearts. ?And I can also say there are no money problems. There were funds due to go in last Friday and they were incorrectly done. But the money WAS there.? Romanov flew right-hand man Sergejus Fedotovas to Edinburgh on Tuesday to reassure worried staff the club?s future was not in doubt. Fedotovas said: ?I am confident there is no salary issue. Everyone will be paid.? Meanwhile, Tynecastle captain Christophe Berra hit out at claims his team-mates are on the verge of striking. He said: ?We are total professionals.? Top journalism there:rolleyes: Link to comment Share on other sites More sharing options...
whatthehellisgoingon? Posted September 25, 2008 Share Posted September 25, 2008 The fact they are talking about the ?36M debt makes me think that they are indeed talking about the old offer that we all knew about. IIRC the guy didn't actually have the funds. Link to comment Share on other sites More sharing options...
Cigaro Posted September 25, 2008 Share Posted September 25, 2008 If there was a "bid" LV explain why it was knocked back: It’s true they wanted to buy out the club — but they didn’t know how they were going to. Link to comment Share on other sites More sharing options...
festerlehearts Posted September 25, 2008 Share Posted September 25, 2008 what a load of pash usual media cr*p Link to comment Share on other sites More sharing options...
Bathjambo Posted September 25, 2008 Share Posted September 25, 2008 the quicker somebody buys him out the better as far as i'm concerned! the quotes in the daily record sum him and his puppets well, lies lies and more lies HEAR HEAR Link to comment Share on other sites More sharing options...
rudi Posted September 25, 2008 Share Posted September 25, 2008 One thing that is doing my nut in is folk keep mentioning the ?36m debt. I know they are just taking it from the last accounts. But come on, your journos. The ?12m debt for equity swap and the ?12.5m in player sales. You can almost bet your arse that ?36m-(?12m+?12.5m) will not come out as ?11.5m in debt at the next annual account sheet. Link to comment Share on other sites More sharing options...
marshallschunkychicken Posted September 25, 2008 Share Posted September 25, 2008 You can almost bet your arse that ?36m-(?12m+?12.5m) will not come out as ?11.5m in debt at the next annual account sheet. I'd agree. The debt for equity swap wasn't in the financial year covered by the next set of accounts IIRC.... Link to comment Share on other sites More sharing options...
Munch Posted September 25, 2008 Share Posted September 25, 2008 Clearly rubbish. Nobody in their right mind would want to buy us right now. Unless they had ulterior motives... Nobody in there right mind would want to buy the sun newspaper. Link to comment Share on other sites More sharing options...
DC_92 Posted September 25, 2008 Share Posted September 25, 2008 I'd agree. The debt for equity swap wasn't in the financial year covered by the next set of accounts IIRC.... It was wasn't it? The financial year ended July 31st and we made the swap before then, I think. Link to comment Share on other sites More sharing options...
marshallschunkychicken Posted September 25, 2008 Share Posted September 25, 2008 It was wasn't it? The financial year ended July 31st and we made the swap before then, I think. That'll teach me to be a smartarse... Link to comment Share on other sites More sharing options...
sked21 Posted September 25, 2008 Share Posted September 25, 2008 I reckon the debt when the next accounts come out will be around the ?18m mark. Link to comment Share on other sites More sharing options...
shaun.lawson Posted September 25, 2008 Share Posted September 25, 2008 It was wasn't it? The financial year ended July 31st and we made the swap before then, I think. It was made on July 31, precisely so it could be included, and we didn't go above the ?40m overdraft limit. ?28m is my guess, though others think it'll be a lot more like ?20m. Link to comment Share on other sites More sharing options...
Jam Tarts 1874 Posted September 26, 2008 Share Posted September 26, 2008 I'd agree. The debt for equity swap wasn't in the financial year covered by the next set of accounts IIRC.... The EGM to ratify the debt to equity swap was held on 31.7.08. specifically to ensure that the transaction could be included in Hearts' fiscal year ending 31.7.08. Link to comment Share on other sites More sharing options...
Cigaro Posted September 26, 2008 Share Posted September 26, 2008 The EGM to ratify the debt to equity swap was held on 31.7.08. specifically to ensure that the transaction could be included in Hearts' fiscal year ending 31.7.08. Was it not way before that? Around the 12th or so? Sure I was on holiday when it happened. Link to comment Share on other sites More sharing options...
Fulham Jambo Posted September 26, 2008 Share Posted September 26, 2008 Clearly rubbish. Nobody in their right mind would want to buy us right now. Unless they had ulterior motives... I don't think that it would be a barking idea to buy Hearts just now look at the positives: if you are a foreign investor wanting to buy into football then what are your options? The advantages Hearts have are clear to see - they are the same as why Vlad bought in - although since then his inability to step back has jeopardised our success time and time again. You can get Hearts for under 40 million. For that you get a decent squad, a decent manager, a city centre stadium but more importantly you get a decent chance of european football each year. Look at Newcastle - well you'd need at least ?200m to buy that club and what do you get? well they are a long way off winning anything let alone a European place. OK they are a massive club but that in itself brings problems. I hope Vlad is finally contect to keep out of team affairs and let Lazlo do his job. If he doesn't then I hope somone buys him out who will takea back seat. As far as Vlad's business interests being in trouble - many of them are in the energy and raw materials sector which are pretty bullet proof even if costs are high at the moment. I'd be more worried if our dept was to HBOS or whatever they are called these days Link to comment Share on other sites More sharing options...
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