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Showing posts with the label hearts of midlothian

Who are scoring the goals?

In Scotland, there are approximately 414,000 people currently paid below the Living Wage.
Heart of Midlothian Football Club has become the first football club in Scotland to become an officially accredited Living Wage Employer. The move will see all staff employers at the club paid the Living Wage. The Living Wage was uprated to £7.85 per hour in November, £1.35 per hour more than the National Minimum Wage.
Peter Kelly, Director of the Poverty Alliance, said: “Congratulations to Heart of Midlothian on becoming Scotland's first Living Wage Accredited football club.  We are delighted that Heart of Midlothian will pay all staff who work at the club the Living Wage, and that they have opted to have their commitment to the Living Wage recognised through the accreditation mark. This is an important step forward for the campaign to end poverty pay in Scotland. Almost two in three children in poverty in Scotland live in a household where someone works, and the Living Wage is a vital tool…

The Capitalist Game

The biggest football story recently has been the financial collapse of  Rangers and now a similar impending fate for Hearts. This is not just a sporting story but involves many of the failings that have been played out in the wider economy. Corporate failure, greed, arrogance, criminality and cheating are included in the list of accusations.

Jock Stein said that “football without fans is nothing”. Capitalist ideology tells us that the consumer is king and that the decisions of millions of consumers decide what production takes place. If companies fail it is because they don’t sell goods or services that people want or at a price they are prepared to pay. There is just enough truth in this to give it the credibility to make it widely accepted. What it leaves out, among other things, is that production also has to make a profit and that indeed this is the main reason any production takes place at all. Given the ownership of the means of production in the hands of only one group of peopl…

Football Capitalism

Rangers only narrowly escaped extinction and now bankruptcy is the prospect facing current Scottish Cup holders Heart of Midlothian. The Jambos have been issued with a winding up order from Her Majesty’s Revenue and Customs over an unpaid £450,000 tax bill. Hearts supporters have been urged to find £2m to help the Edinburgh club survive until the summer. The club has already faced disciplinary action from the Scottish Premier League over its failure to pay some players and coaching staff which is a breach of the leagues rules. That breach led to the SPL side being hit with a player signing embargo.

Now the fans are  being asked to pay to keep their club afloat, having already paid for their season tickets, their strips and scarves. Hearts fans are being bled dry.

 Former Hearts captain Paul Hartley has accused Vladimir Romanov of “holding a gun to fans’ heads” after the stricken club yesterday begged for a financial lifeline from their followers. Hartley insists owner Romanov has unfa…

Businesses as usual

Rangers has filed legal papers at the Court of Session to appoint administrators. Rangers awaits a tax tribunal decision over a disputed bill, plus penalties, totalling £49m which the club would be unable to pay.

Celtic has announced a big fall in pre-tax profits for the second half of 2011, profits of only £180,000 compared to a £7m profit at the end of the previous year. Cash from player sales also fell from £13.2m to £3.1m. Bank debt is £7m.
http://www.bbc.co.uk/news/uk-scotland-scotland-business-17009960

And in the east, Hearts still struggle off-field as much as they do on-field. Hearts owner Vladimir Romanov told RIA Novosti on Wednesday that all wage arrears with the debt-stricken Scottish club have been settled (Hearts players have suffered late wages since October), but admitted to an outstanding tax bill that threatens their future. British tax authorities lodged a petition with a Scottish court earlier this week saying Hearts had eight days to settle the bill, reported to be a…