Labour Party Floats Tax On EPL TV Revenue Mercedes Interested In Sebastian Vettel Real Zaragoza On Verge Of Resolution EPL Close To Sanctioning '22 Winter Break Commonwealth Games Relevant For Brands Van Gaal Wins Battle For Shorter Tours London Olympics Deals Have Yielded $24B Perth Glory Refuses To Play Friendly Sky Sports News HQ To Launch In Aug Franchise Notes
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/November 12, 2012/Franchises
SPL Club Heart Of Midlothian Turns Down 'Opportunistic' Offer From Rangers
Published November 12, 2012
TAKEN TO HEART: In Edinburgh, Moira Gordon wrote that Hearts are confident that they "will be able to pay the £450,000 tax bill due by the close of play on Thursday." It will stave off the immediate threat of liquidation, but club Dir Sergejus Fedotovas has still launched a withering attack on HMRC, who he says have threatened the existence of the club and shown "no understanding at all." Suggesting it is trying to make a point at the expense of the capital club, which are also being chased for a further £1.75M ($2.78M), he said: "They will never tell us why they are doing this. Maybe they see Hearts as an easy example. Maybe they’re thinking 'OK, we’ll sacrifice a club to achieve something else, to show to other people.' It’s difficult to say because in my view there is no logic in this" (SCOTSMAN, 11/11).
PERSONAL STORIES: In London, John Simpson reported that 7-year-old Cal McCloy and his sister, Skye, 5, "donated their pocket money to save their team, joining a wave of selfless support" that has seen Hearts "buoyed with hope since the board put out a desperate plea for financial support on Wednesday." A massage implored fans to buy tickets and shares, and give cash to the club. It read: "This isn't a bluff, this isn't scaremongering; this is reality." Vladimir Romanov, the 98% shareholder in the club, "has been the target of much of the suspicion and anger, but for local businesses it is a matter of survival." Staff at the pub closest to the ground, The Diggers, feared that "they had ruin looming when, in '06, the Hearts Manager George Burley was fired." The Diggers Manager Kevin McGhee, and a Hibs fan who plans to buy shares in Hearts, said: "We weren’t sure then about Mr. Romanov, and we decided to diversify, so if the club went under we knew we would be alright" (LONDON TIMES, 11/11).