Author Topic: Hearts Financial Results  (Read 236 times)

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Online ayrshire_don74

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Hearts Financial Results
« on: November 14, 2018, 01:38:45 PM »
go beyond the headline figure of making a profit and you find they had £3m of 'donations'... interesting model.. wonder what happens if donations dry up


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Offline kiriakovisthenewstrachan

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Re: Hearts Financial Results
« Reply #1 on: November 14, 2018, 04:27:22 PM »
Hearts are in a pretty stable financial position now.

£2M of the donation was to help with the redevelopment which is a non-recurring event and the other £1M was towards the wage bill.  Assume that this is to help with the high wages whilst Naismith is on loan.  Their new stand will bring in additional income and they get good crowds.  No danger of being in trouble.