http://www.football-finances.org.uk/spl/turnover.htm

 

 

 

 

 

 

NB: The Hearts figures are for 2007 season as the club is late, and being fined, for the late filing of their 2008 results.

http://news.bbc.co.uk/sport1/hi/football/scot_prem/8004397.stm

 

Certainly a poorer deal. They will come with the old sob story of 'if we don't do this we will go bust and there will be no money'. Over a barrell on this one I suspect. The quickening continues.

Hearts weren't included in the above info however they have finally released figures today:

 

Despite bringing in over £9 million for players, and £12 million for the debt and equity scheme hearts debt only reduced by approximately £7 million pounds to £30 million.

 

Turnover £9.1 Million

Wages £11.2 Million

Wages/Turnover Ratio: 123%

 

 

Another concern for Hearts is that they are due to repay £17.6mn to Ubig in February 2010.

Hearts weren't included in the above info however they have finally released figures today:

 

Despite bringing in over £9 million for players, and £12 million for the debt and equity scheme hearts debt only reduced by approximately £7 million pounds to £30 million.

 

Turnover £9.1 Million

Wages £11.2 Million

Wages/Turnover Ratio: 123%

 

 

Another concern for Hearts is that they are due to repay £17.6mn to Ubig in February 2010.

 

Am I correct in thinking that their wages as a %age of turnover is significantly worse than it was before ? Seem to remember it was more like 98% and that looked really fucking bad. Dear fuck it must be time to leap across to laughing at the cunts again. Best part is they are presenting these financials as good news...erm I mean cautious optimism. Nuggets.