Hearts pay off tax bill

Hearts have confirmed they have paid the tax bill which threatened to close them down.

Last Updated: 03/12/12 at 19:37 Post Comment

Hearts: Tax bill paid

Hearts: Tax bill paid

The club were last month hit with a winding-up order over a £450,000 bill but agreed a deal to pay off Her Majesty's Revenue and Customs in two instalments before close of business on Monday.

The demand was settled after supporters rallied round following a plea for "emergency backing".

Hearts have so far raised more than £600,000 from a share issue and were close to selling out Tynecastle for home games against St Mirren and Celtic after warning they might cease to exist by the end of November.

The imminent threat has been put off but but there is still a shortfall in revenue for the season that totals £2million while a separate £1.75million tax bill, which the club are challenging in a tribunal, also hangs over Tynecastle.

That bill centres on a demand for tax for a number players who joined the Clydesdale Bank Premier League club on loan from Kaunas, who were also owned by Hearts majority shareholder Vladimir Romanov.


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nd we always will love Ozil. I don't really mind if no other team can see just how brilliant he is, or if people think he is rubbish, because we know he is far from it. He is a fantastic player, and if people cannot see that it can only be a good thing, in that he will be at Arsenal for years to come, pulling the strings from behind a glass veil.

ganachus
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like the list and Ozil in particular does seem under appreciated when you look at his stats (an odd thing considering his fee or maybe because of it). Palace have a few and I've always thought Dwight Gayle at Palace was under rated, certainly when you look at his goals per game ratio. You can probably also add Ryan Bertrand at Saints who should be in the England team in my view.

sensiblepoolfan
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ew Shaun Wright Phillips, there I've said it. If any club offers stupid money we'd be stupid to say no, he's not a potential worldie by any stretch and I feel that after a few years warming the bench at city or Chelsea he'll be back at QPR smoking sheesha pipes under Harry Redknapp.

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