chilledbear 16 Posted October 26, 2011 Share Posted October 26, 2011 First-team players at Hearts are still waiting for delayed monthly salaries after the monies did not appear in their bank accounts on Wednesday. The lack of wages, which were due in the middle of October, led to a meeting between the Hearts director Sergejus Fedotovas and anxious squad members on Friday. During those talks, Fedotovas expressed hope that salaries would be paid by Wednesday but also warned other bills had to be settled so Saturday's visit of Kilmarnock to Tynecastle could go ahead. Yet funding still has not been transferred from Hearts' parent company, the Ukio Bankas Investment Group (UBIG), prompting wider fears. With debts last reported at £36.1m, UBIG's subsidy is essential to Hearts operating as an ongoing concern. The SPL club's annual wage bill is thought to be around £7m. Although delays in wage payments are routine at Hearts, this is the longest the players have waited. No direct explanation has been given for the delay, with Hearts now hopeful the monies will be paid next week. In the meantime, Scotland's Professional Footballers' Association is seeking a resolution to the problem. A growing theory is that Vladimir Romanov, who controls Hearts and UBIG, has diverted attention and resources to basketball projects in his native Lithuania. Within the past week Zalgiris â?? the basketball team he owns â?? sacked their sixth head coach in only two years. Romanov has spent tens of millions of pounds on a new basketball stadium in Lithuania and the recruitment of foreign players 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted October 26, 2011 Share Posted October 26, 2011 Is this not a great story for the bbc to investigate, probably not. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted October 26, 2011 Share Posted October 26, 2011 Is this not a great story for the bbc to investigate, probably not. Did they not already do an investigation into mad Vlad a couple of years ago or was that a different channel? 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted October 26, 2011 Share Posted October 26, 2011 Did they not already do an investigation into mad Vlad a couple of years ago or was that a different channel? Missed that one mate. Monaco obviously more appealing than lithuania. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted October 26, 2011 Share Posted October 26, 2011 Missed that one mate. Monaco obviously more appealing than lithuania. There was a documentary digging into his dirty business dealings, especially in Lithuania, but I'm not sure if it was the BBC who did it or not. 0 Quote Link to post Share on other sites More sharing options...
Guest Dutchy Posted October 26, 2011 Share Posted October 26, 2011 It was the KGB, but they were sunk by a mysterious submarine. such a great guy is Romabout. OK, OK, too much piss tonight. 0 Quote Link to post Share on other sites More sharing options...
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