ian1964 10,761 Posted September 17, 2012 Share Posted September 17, 2012 HEARTS could be heading for a showdown with the SPL over unpaid wages. SunSport can reveal up to five senior members of John McGlynnâ??s squad have been informed their wages may not be paid on time today. If the Jambos fail to stump up the SPL could hammer them with sanctions as part of the new financial fair play rules introduced in May. But Hearts supremo Vladimir Romanov will fight any penalty as the club claim the temporary cash-flow problem has been caused by a late payment FROM the SPL. Jambos insiders told SunSport that the club is still waiting on half of a £600,000 windfall the league was due to pay to the club at the start of the season. And they claim the delay in receiving that money has caused the unforeseen cash crisis â?? which has in turn cast doubt over the monthly wage payments due to certain stars. Hearts remain hopeful that all players affected will get their money on time, but they will wait until close of play today before making their next move. If a wage delay proves unavoidable, the club have vowed to inform the SPL of the issue immediately, in line with the new financial rules. But the Scottish Cup holders would then vigorously defend themselves against any sanctions imposed. And Jambos sources say they would be surprised if the SPL attempt to hit them with any punishment while the club is still owed the outstanding £300,000. Hearts players were dogged by constant delays in their wages being paid last season. That saw the Tynecastle club being charged by league chiefs in January for â??failing to behave with the utmost faith towards the SPLâ??. The league opted not to follow up that charge as Hearts successfully fought it. But it remains to be seen how the SPL would handle any delay this time around. News of Heartsâ?? latest wage drama came just hours after Romanov declared a personal wealth of £42million as he prepares to run for President of Lithuania. The Tynecastle chief launched his own political party â?? Lithuanian Peopleâ??s Party â?? in his homeland last year. The controversial businessman has put himself down as No 1 candidate on the list for the Lithuanian Parliament and he intends running for the presidency if he gets elected. As part of the process, each candidate has to declare their personal wealth in assets to Lithuaniaâ??s Central Election Commission. And Romanovâ??s personal wealth of £42m dwarves any other politician on the list, including current President Dalia Grybauskaite. The 65-year-old Romanovâ??s wealth includes securities, art, jewellery and property. Hearts announced debts of £24m in March â?? their lowest level for six years. Read more: http://www.thesun.co.uk/sol/homepage/feeds/smartphone/scotland/4542130/New-pay-scare-at-Jambos.html#ixzz26gGJejOZ 0 Quote Link to post Share on other sites More sharing options...
GovanAllan 0 Posted September 17, 2012 Share Posted September 17, 2012 You've got to laugh haven't you. 0 Quote Link to post Share on other sites More sharing options...
Craigy1881 79 Posted September 17, 2012 Share Posted September 17, 2012 How can a club like Hearts survive with a £24 Million pound debt. The writing is on the wall for that club, matter of time me thinks. 0 Quote Link to post Share on other sites More sharing options...
andy steel 0 Posted September 17, 2012 Share Posted September 17, 2012 failing to behave with the utmost faith towards the SPL’. Horrible choice of words. Like something you would be charged with during the Stalin purges. Ugh. 0 Quote Link to post Share on other sites More sharing options...
craig 5,199 Posted September 17, 2012 Share Posted September 17, 2012 Only when you dont pay the taxman is there a lack of "sporting integrity". Apparently not paying the players shows no sign of there being a lack of "sporting integrity". Hypocrites ? Yup. 0 Quote Link to post Share on other sites More sharing options...
ian1964 10,761 Posted September 17, 2012 Author Share Posted September 17, 2012 HEARTS could be hit with a transfer embargo after the club failed to pay all of its players on time again. SunSport told yesterday how John McGlynn has seen up to five of his senior stars informed they would not receive their cash on time. The Tynecastle club last night released a statement confirming only the “vast majority” of the squad have been paid. Strict new rules — agreed on by all top-flight members during the summer — state clubs must inform the SPL of any payment delays within 48 hours. According to the new rules, the Jambos would automatically be prevented from signing stars until all debts have been settled. McGlynn is on the hunt for a free-agent striker — but could be forced to scrap those plans while wages remain outstanding. The Jambos statement said: “A small number of senior players were unpaid but will be paid shortly.” A club source added: “We have apologised to those players. We’re grateful for their understanding on the matter which we expect to be resolved once we receive a guaranteed income expected in the very near future.” Read more: http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4543821/Hearts-could-pay-the-price.html#ixzz26lz11NC7 0 Quote Link to post Share on other sites More sharing options...
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