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Hearts Facing Possibilty Of Folding

Posted on 11/7/12 at 2:16 pm
Posted by Moleman
Houston
Member since Aug 2004
848 posts
Posted on 11/7/12 at 2:16 pm
They are in trouble with HMRC for unpaid taxes and are asking supporters for help in paying it off.

LINK

quote:

BREAKING NEWS: Hearts have been issued with a winding up order by the courts after failing to pay a tax bill on time. The order brought to the courts by HMRC is NOT related to the £1.75 million case that is currently being contested by the club. The latest order is understood to be for unpaid PAYE and VAT. BBC Scotland has learned the sum due is a substantial six figure amount. The club now have eight days to pay up or the winding up order will be enforced by the courts.


LINK

quote:

Hearts are warning fans the club might not survive until the end of the month after receiving a winding-up order over a tax bill of almost £450,000. The Edinburgh club issued a plea for "emergency backing" from supporters to avoid the prospect of administration. "This isn't a bluff, this isn't scaremongering, this is reality," read a statement from Hearts. "Without the support of fans there is a real risk that Hearts could possibly play its last game on 17 November." Continue reading the main story “Without your help now, we could be entering the final days of the club's existence”
Posted by LSUSOBEAST1
Member since Aug 2008
28614 posts
Posted on 11/7/12 at 2:19 pm to
I bought a share in Real Oviedo and will do the same if Hearts do something similar
Posted by TN Bhoy
San Antonio, TX
Member since Apr 2010
60589 posts
Posted on 11/7/12 at 2:41 pm to
This is what happens when you let a crazy guy buy the club.
Posted by itawambadog
America, F Yeah!
Member since Nov 2007
21266 posts
Posted on 11/7/12 at 4:08 pm to
Hmm, looks like Rangers might play an old rival again
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