Hearts' players John Sutton, Danny Wilson and Jamie MacDonald react to their defeat to St Mirren following their Scottish League Cup final soccer match in Scotland

Financially struggling Hearts listed on business sale website

Leave a comment

Scottish Premier League club Hearts have been slowly falling deeper and deeper into administration since they declared their financial incapabilities in mid-June.

With debts reaching upwards of £25 million ($37.2 million), accountancy network BDO, who are in charge of the administration process, have taken a drastic step in finding an owner to take the club past their struggles.

At the risk of public ridicule, they’ve listed Hearts on the website BusinessForSale.com. Yeah, it’s that bad.

The listing says the club assets, brand name, and Tynecastle Stadium are a package deal in the sale. Among the properties listed in the sale description are “Heart of Midlothian Football Club brand and associated goodwill” and “Squad of 22 players, together with a highly skilled, loyal and experienced workforce.”

It’s been an odd past month for the Edinburgh club.  Just before filing their administration paperwork back in June, a Scandanavian consortium of investors offered to inject an immediate payment of £500,000 ($775,000) in return for the promise of future payouts from any possible transfer sales of a group of named players.  The offer was ultimately rejected by the club after a bit of negotiating.

It hasn’t been all bad news. Players such as 21-year-old defender Danny Wilson, recently named captain, announced their intentions to stick around despite the chance to leave.  The club while in administration was given a transfer embargo, but a loophole allows certain players to make moves elsewhere.  Wilson signed a 3-year contract extension Friday and said “I’m here for the long haul and hopefully we can come through this better.”

The parent company of Hearts is Lithuanian investment company Ukio Bankas Investment Group, who placed the club in administration.

MLS Snapshot: Orlando City SC 2-1 Montreal Impact

Cyle Larin, Orlando City SC

The game in 100 words (or less): For weeks, it was a widely held belief that the Montreal Impact would snatch up the sixth and final playoff place in the Eastern Conference with little or no resistance from their opposition. As they went six games unbeaten (four wins), all looked to be setting up perfect for the club that fired Frank Klopas midseason, but there was another team in the race for sixth that kept winning themselves: Orlando City SC. On Saturday night, Montreal and Orlando City faced off at the Citrus, with the expansion Lions claiming their fourth-straight victory with a 2-1 triumph. Montreal now holds a one-point lead on Orlando in the race for sixth, and have two games in hand, but it’s no longer a foregone conclusion L’Impact will qualify for the playoffs no resistance whatsoever.

[ MORE: | Week 30 TOTW | POTW ]

Three moments that mattered

33′ — Bush’s mistake gifts Larin the opening goal — Larin did what your taught to do as a striker — “put it on frame, test the goalkeeper” — but in no universe does a shot so feeble have any business finding the back of the net. Evan Bush has been great this year. Hopefully (for Montreal’s sake), this howler doesn’t turn into the yips with the playoffs looming.

43′ — Hall’s “mistake” gifts Oduro an equalizer — Dominic Oduro equalized in the 43rd minute, when he took the ball out of the hands of Tally Hall and smashed it into the back of the net, but the goal should have been disallowed due to Hall having full control of the ball.

80′ — Hines hits the winner for Orlando — Seb Hines put the ball back into the mixer and just so happened to find the back of the net in the 80th minute. Sometimes that’s all it takes.

[ FOLLOW: All of PST’s MLS coverageStandings | Stats | Schedule ]

Man of the match: Seb Hines

Goalscorers: Larin (33′), Oduro (43′), Hines (80′)

MLS Snapshot: NY Red Bulls 2-1 Columbus Crew SC

Bradley Wright-Phillips, New York Red Bulls
Leave a comment

The game in 100 words (or less): Two weeks in a row Columbus Crew SC have had a chance to go top of the Eastern Conference with a victory, and two weeks in a row Crew SC have failed to take a single point from massively important fixtures. Their latest defeat, a 2-1 humbling at the hands of the East-leading New York Red Bulls, started so well for Gregg Berhalter’s side, but was undone by a pair of costly, comedic defensive errors that allowed Lloyd Sam and Bradley Wright-Phillips (15th of the season) to erase an early deficit (Justin Meram) and win all three points. The result not only keeps the Red Bulls top of the East, but gives them a three- and four-point cushion with three and two games in hand on their nearest competitors., D.C. United and New England Revoltion respectively. For Crew SC, they’re four points back of the Red Bulls in fourth place, one point ahead of fifth-place Toronto FC, who have a game in hand.

[ MORE: | Week 30 TOTW | POTW ]

Three moments that mattered

9′ — Meram pokes it past Robles for an early lead — Meram “earned” his goal all the way back in midfield, when the Iraqi international’s mazy run took a routine turnover inside Crew SC’s defensive half and turned it into a dangerous counter-attacking opportunity. Harrison Afful overlapped and provided the cross for Meram to send home.

12′ — Sam capitalizes on multiple mistakes to equalize — Crew SC pass the ball out of the back. They don’t boot it forward to clear. It’s just what they do. Sometimes, that’ll bite you. When your goalkeeper and right back both have blunders clearing the ball 10 seconds apart, you probably deserve to concede an ugly, scrappy goal.

21′ — Wright-Phillips capitalizes on more defensive gaffes — See the above description for Red Bulls goal no. 1.

[ FOLLOW: All of PST’s MLS coverageStandings | Stats | Schedule ]

Man of the match: Damien Perrinelle

Goalscorers: Meram (9′), Sam (12′), Wright-Phillips (21′)