Jump to content
The Dark Blues
Cobra

Hearts In Danger and the Championship Mothballed?

Rate this topic

Recommended Posts

Posted this elsewhere but thought it might be worth its own thread.

According to the Record, Hearts could be facing financial collapse and Championship clubs are resigned to mothballing the division until fans are allowed to return to their grounds

--------

Hearts could be pushed to the brink of another financial collapse next week.

The shock news comes as a group of cash-strapped Championship rivals prepare to tell the SPFL they can’t afford to start next season behind closed doors.

Record Sport understands all 10 clubs from the second tier of the Scottish game will hold a crunch conference call on Monday to discuss plans to get the 2020-21 campaign up and running.

And at least three of them are already resigned to mothballing the division until fans are allowed to return to their grounds – with one proposal already on the table to freeze football until January and then stage a truncated 18-game season.

That will be the catalyst for Hearts to submit their reconstruction plan to the SPFL in the desperate hope Premiership clubs will agree to let the Jambos stay in an expanded top flight.

If the Hearts bid fails, they face up to seven months sitting idle in a mothballed Championship.

On Friday, Dunfermline announced a total of 17 players have been freed as they slash costs in an attempt to survive without matchday revenue until 2021.

And that’s a nightmare scenario for the relegated Tynecastle club and owner Ann Budge, who is now facing a fight to save her club from a second insolvency event – six years after hauling the Edinburgh giants out of administration.

Budge is still working on a plan for league reconstruction which she hopes will throw Hearts a lifeline back into the Premiership.

And she has received support from a number of sympathetic top flight clubs who understand the catastrophic consequences of being dumped into a division which can’t return to action.

One top flight club told Record Sport: “There is a growing realisation of the immense pressure which Ann and Hearts are now under.

“To have been relegated during the coronavirus lockdown before all remaining fixtures had been played was bad enough. But if Hearts can’t play games next season then it’s impossible to see how the club could survive.

“There is a willingness to help them out of this hole. Scottish football can’t afford to sit back and do nothing if it means losing a club of this size.”

A Tynecastle source revealed on Friday night that Budge’s paper will go to clubs on Monday.

The source said: “Excellent progress has been made on the paper that is proposing an amended structure to help Scottish football through the challenges of the Covid pandemic.

“Ann has been consulting with clubs across all leagues, to understand their individual circumstances and continues to do so.

“These conversations take time but are vital in understanding the issues and challenges clubs face and refine the content of the paper.

“As such nothing will be issued until Monday, at the earliest.”

Record Sport also understands the Championship clubs expressed huge sympathy for Budge’s plight during an online meeting on Wednesday but see an expanded Premiership as their only hope.

One club chairman said: “We have to move into survival mode now. Playing the Championship behind closed doors is not viable and that is the majority view. The Premiership might be working towards a re-start in August but it simply doesn’t work for us.”

Tynecastle boss Daniel Stendel is sceptical the plan will work. He said: “Voting is complicated in Scotland and if there are only one or two votes against, it won’t go through. And as is usually the case in life, in the end, everyone looks after themselves.”

Morton are among a group of clubs who believe the division can begin behind closed doors and have been exploring the potential of raising cash from pay-per-view live streaming of matches.

But Dunfermline’s decision to cut Stevie Crawford’s squad to just a handful of players is a clear indication of the crisis about to engulf Scottish football’s second tier.

The East End Park club said: “All Scottish clubs now face uncertain times. As a consequence of this, we are afraid to announce our club will not be in a position to offer new contracts, at this time, to any of the players who are out of contract over the coming days.”

Queen of the South – with just three players under contract – are in favour of an extended shutdown and truncated campaign.

But, despite being relegated to League One, Partick Thistle are among a number of clubs in the lowest two tiers who would be able to cope financially with starting up behind closed doors.

Share this post


Link to post
Share on other sites

Clubs going under was inevitable and numerous people in the game said as much. I'd have imagined someone at the lower end of the food chain would have been more likely but then again the overheads and fixed costs are much lower at that level so they may be able to run on a shoestring more easily.

Of course, this could simply be Hearts waving a flag to drum up support for their cause and reconstruction talks.

As for mothballing the Championship - maybe not such a bad idea but how do season ticket holders feel? I absolutely detest the idea of closed door games as it's a spectator sport but needs must as long as they can sort out TV coverage etc if it's good enough for Bayern Munich it's good enough for the Dees.

Share this post


Link to post
Share on other sites

A worrying development if no football in the lower divisions until 2021, we could see a lot of teams in big financial trouble or even fold, meanwhile on old phrase comes to mind for the top 12 clubs "Nero fiddles will Rome burns" do they really care especially our East Coast SPL clubs ? warnings have been there from the start that we need at least a temporary league set up for the next couple of seasons to help ALL clubs through this unprecedented situation.

Can DFC ride out the storm with no fitba until 2021 ?? and then how do you build a squad for only 18 games and then will there even be promotion or will SPL refuse to relegate "one of their own" to a failing Championship ? 

Sorry to bring it up again but our vote to finish the lower leagues has now allowed our rivals to join the top table early and gain a level of financial security we may regret for a long time.

  • Like 5

Share this post


Link to post
Share on other sites
1 hour ago, DeeVinci said:

A worrying development if no football in the lower divisions until 2021, we could see a lot of teams in big financial trouble or even fold, meanwhile on old phrase comes to mind for the top 12 clubs "Nero fiddles will Rome burns" do they really care especially our East Coast SPL clubs ? warnings have been there from the start that we need at least a temporary league set up for the next couple of seasons to help ALL clubs through this unprecedented situation.

Can DFC ride out the storm with no fitba until 2021 ?? and then how do you build a squad for only 18 games and then will there even be promotion or will SPL refuse to relegate "one of their own" to a failing Championship ? 

Sorry to bring it up again but our vote to finish the lower leagues has now allowed our rivals to join the top table early and gain a level of financial security we may regret for a long time.

Hard to disagree with any of that. Utd were living well beyond their means something we know about from the past. It would have been very interesting to see if they could have survived without insurance if any of these scenarios pan out. It may well have been them in Admin this time which would have shut up a lot of arabs, but it is possible as you say that we have assisted in some way to them not only taking the Championship (which they would almost certainly have won even if the 'fell over the line' in the end) but ending up in the only part of football in Scotland likely to play for the foreseeable future, propped up with the tv money. Galling in the extreme if it turns out that way.

  • Like 1

Share this post


Link to post
Share on other sites

If its in the Record it must be true..... 🙄

Saying that, I agree with the gist of it, it seems obvious, especially when a lot of clubs have said it that a lot of the lower league teams are struggling massively, partly why they wanted to finish the league and get the rest of their cash no doubt. We'll see if anything comes out of Monday's Zoom chat and where it leads. 

Stay tuned for the next thrilling instalment.....

  • Like 1

Share this post


Link to post
Share on other sites

If clubs are willing too and have the ability to satisfy testing criteria and play behind closed doors then I think there should be an allowance for that? 
 

That’s where any potential restructuring may happen 🤷🏻
 

 

But who really knows

   

Share this post


Link to post
Share on other sites

They've got Hearts and Hertz mixed up, IMO. 

Share this post


Link to post
Share on other sites

The problem with expanding the league is this 4 old firm games p!sh, how much the SPL take of the Tv deal is also unhealthy and starves all clubs outside the top league... I’ve said before that Scottish football is the most disproportionate in world football in terms of finances and power, no club has won the league outside the old firm in 35 years and the league has only been won out with the old firm on 19 occasions!
Celtic and Rangers don’t want Change or if they do it’s on there terms only.

 

  • Like 5

Share this post


Link to post
Share on other sites

I personally don’t give two 💩💩’s about any other clubs now, no one, (apart from Stirling Albion if memory serves me right) cared about us during admin 1 & 2, and most of them have showing their self righteous attitudes to ending the season for the ££’s, and also dismissing reconstruction without seeing any plan, if our insurance policy keeps us ticking along I’ll be happy to see us prosper at anyone’s expense, hopefully at any team that plays in tangerine 

  • Like 5

Share this post


Link to post
Share on other sites
33 minutes ago, valleyboy said:

I personally don’t give two 💩💩’s about any other clubs now, no one, (apart from Stirling Albion if memory serves me right) cared about us during admin 1 & 2, and most of them have showing their self righteous attitudes to ending the season for the ££’s, and also dismissing reconstruction without seeing any plan, if our insurance policy keeps us ticking along I’ll be happy to see us prosper at anyone’s expense, hopefully at any team that plays in tangerine 

We need other clubs if we're going to play fixtures and have a league.

The insurance company isn't going to pay our rent in 2021 if we don't have the income from meaningful games.

Share this post


Link to post
Share on other sites
4 hours ago, DeeVinci said:

A worrying development if no football in the lower divisions until 2021, we could see a lot of teams in big financial trouble or even fold, meanwhile on old phrase comes to mind for the top 12 clubs "Nero fiddles will Rome burns" do they really care especially our East Coast SPL clubs ? warnings have been there from the start that we need at least a temporary league set up for the next couple of seasons to help ALL clubs through this unprecedented situation.

Can DFC ride out the storm with no fitba until 2021 ?? and then how do you build a squad for only 18 games and then will there even be promotion or will SPL refuse to relegate "one of their own" to a failing Championship ? 

Sorry to bring it up again but our vote to finish the lower leagues has now allowed our rivals to join the top table early and gain a level of financial security we may regret for a long time.

Some folk are understandably fed-up going over that vote but it's going to be hard to move on if we're watching United v Accies on the box in December and still wondering when we'll next see our team. Even moreso if Berra joins one of those teams.

Share this post


Link to post
Share on other sites
16 minutes ago, Cobra said:

We need other clubs if we're going to play fixtures and have a league.

The insurance company isn't going to pay our rent in 2021 if we don't have the income from meaningful games.

I’m sure the policy will pay out for what ever length of time we have taken it out

not all clubs will fall into administration, but if it benefits us so be it

Share this post


Link to post
Share on other sites
2 minutes ago, valleyboy said:

I’m sure the policy will pay out for what ever length of time we have taken it out

not all clubs will fall into administration, but if it benefits us so be it

Aberdeen only got covered for a month because their insurance was coming up for renewal. I imagine that'll be a problem for us at some point.

  • Like 2

Share this post


Link to post
Share on other sites

Anyone know who has a contract at Dens for at least 1 more season?

Would not put too much faith in an insurance policy without knowing the details of it and whether the Insurers are paying out.Lots of hospitality sector business owners  such as hotels thought they had cover under  their policies but Insurance Companies are refusing claims.

 

Share this post


Link to post
Share on other sites
58 minutes ago, Cobra said:

Aberdeen only got covered for a month because their insurance was coming up for renewal. 

Ouch! Hadn't seen that. I take it that the policy suddenly wasn't available anymore? 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.