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.
Marseille did well to bring in one star this season but could the French side have another trick up its sleeve this summer?
Sky Sports is reporting that the Ligue 1 club is preparing to sign Arsenal striker Olivier Giroud over the summer and the sixth-place side is “willing to pay up to £20m (roughly $25 million).
Marseille made a splash this season when the club re-signed Dimitri Payet, who was playing with Premier League side West Ham at the time.
The team does boast several quality attacking options such as Payet and Bafetimbi Gomis, but Giroud could serve as an ideal target man in the Marseille attack.
Prior to joining the Gunners in 2012, Giroud starred for Montpellier and with a potential link-up in the attack with a creator like Payet, it could present a dangerous attacking threat to the rest of Ligue 1.
Giroud, 30, has scored 95 goals in all competitions since arriving in London with Arsenal.
We’ve seen MLS teams make major splashes in the past, and one of next year’s newcomers could be a really big draw if they can manage to seal the deal on a Mexican international.
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According to Metro New York, Los Angeles FC is continuing its talks with Javier “Chicharito” Hernandez about a potential deal that would prove massive in terms of MLS spending.
While LAFC won’t debut in MLS until 2018, the club could potentially make the Mexico striker the highest-paid player in league history with an average salary of roughly $10 million.
The 28-year-old Hernandez currently plays in Germany with Bundesliga side Bayer Leverkusen, where he’s plied his trade since joining the club during the 2015/16 season.
Additionally, the former Manchester United man has dominated the international scene for El Tri, scoring 46 goals in 90 appearances for the CONCACAF nation.
German publication Kicker says Bayern Munich technical director Michael Reschke attended both of this weekend’s FA Cup semifinals and had his eye on two players in particular.
Reschke apparently wants to bring players from both North London Derby rivals Arsenal and Tottenham Hotspur to the Allianz Arena.
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In the case of Spurs, that man is right back Kyle Walker. The 26-year-old has also played right mid in 8 of his 35 matches for Tottenham this season, and was named in the PFA Team of the Year. It’s hard to believe Spurs would have interest in selling Walker, who would help fill the role of retiring Philipp Lahm.
On the other side is Alexis Sanchez, the embattled but electric Arsenal attacker who Arsene Wenger described as an “animal” and “always ready to kill the opponent” this weekend. Wenger says Sanchez isn’t going anywhere, but Bayern does boast Chilean teammate Arturo Vidal and former Barca mate Thiago Alcantara.
Walker is signed at Spurs through 2021, while Sanchez’s contract ends after next season.
AS Roma has found its new sporting director, and it’s a man with a keen eye for talent.
Ramon “Monchi” Rodriguez Verdejo, 48, has spent the last 18 years as the sporting director at Sevilla, which won five UEFA Europa League titles under his watch.
Monchi was discussed in the media as a target for the same job at Arsenal and was a target for other Premier League clubs, but Roma sealed the deal with the former goalkeeper.
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He is considered to have a big role in discovering and developing Sergio Ramos, Jesus Navas, and Dani Alves.
Read more from ASRoma.com.