you sure it was 4M ? could be right, I always thought it was more like 1.5 - 2M.This quote is hidden because you are ignoring this member. Show Quote
Shame they never had the balls to fight the process and take the risk of the asset (ground) instead.
Results 61 to 90 of 92
Thread: Hearts charity thieves
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29-03-2017 08:45 AM #61
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29-03-2017 09:10 AM #62
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29-03-2017 10:15 AM #63This quote is hidden because you are ignoring this member. Show Quote
I've no problem with any club having ambition. I don't think we should all just know our place and never aim higher.
But - here's the crucial bit - don't make anyone else pay for it. Hibs got into massive debt around 2002/2003, up to c.£18m, just like Hearts. But we cut our cloth and suffered, while they carried on as if the world owed them something.
They can stick their 5-1. Our cup wins aren't tainted by cheating.
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29-03-2017 10:42 AM #64
They also signed Beattie on the Friday , he scored in the semi and they couldn't pay the players wages the following week.
Brutal club.
They know it too.No Eternal Reward Shall Forgive Us Now For Wasting The Dawn
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29-03-2017 10:53 AM #65
Interesting they owed key sports management £23,000. This is the football agency John Colquhoun founded and had a number of players on his books from hearts.
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29-03-2017 10:58 AM #66This quote is hidden because you are ignoring this member. Show Quote
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29-03-2017 11:47 AM #67This quote is hidden because you are ignoring this member. Show Quote
Spoke to many Yams over the last few years; they don't get it, at all (even the more intelligent ones - and yes, they exist).
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29-03-2017 12:04 PM #68
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29-03-2017 12:06 PM #69This quote is hidden because you are ignoring this member. Show Quote
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29-03-2017 12:41 PM #70This quote is hidden because you are ignoring this member. Show Quote
ask him to elaborate!
they had to pay their footballing debts as part of the process, but that was rather small compared to the overall debt they had.
HMRC - 1.9M - shafted
Heriot Watt - probably shafted for 150k
Council, 91k
their OWN charities, shafted
and well, 1.5/2m settlement of huge debts to Lithuania - they should be humbled and ashamed, forever.
yet they still pipe up every time hibs loan a player! as if that's cheating! paying a club for a player as per agreed terms!!
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29-03-2017 03:36 PM #71This quote is hidden because you are ignoring this member. Show Quote
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29-03-2017 05:15 PM #72This quote is hidden because you are ignoring this member. Show Quote
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29-03-2017 05:40 PM #73
After it was pointed out to Hearts fans that as far as the creditors were concerned, there was no difference between Hearts and Rangers (i.e. they got screwed) a thread was started on Kickback in which it was agreed that as soon as the dust settled, the fans would all get together and pay off the smaller creditors. This, they explained, was what set them apart from rangers fans. There were pats on the back all round, the word integrity was was overused and the thread quietly died away.
Since they are now handing over cash for the new stand, players wages, etc. I can only assume that they have already paid off the creditors. Probably don't like to boast about it.
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29-03-2017 05:45 PM #74This quote is hidden because you are ignoring this member. Show Quote
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29-03-2017 06:46 PM #75
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People in Glass Houses Quote.
If it is terrible to rip off Lithuanian people, surely it is worse to be ripping off Scottish people.
The Bank of Scotland is a Scottish Bank therefore the Scottish people?????
If I'm wrong I apologise unreservedly!
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29-03-2017 06:55 PM #76This quote is hidden because you are ignoring this member. Show Quote
My answer would be nothing as they agreed to a modest discount on a long term mortgage in return for early re-payment.
In hearts situation, their debt to Lithuanian institutions was left unpaid save for £2.5m in the CVA (so after default on the outstanding amount) out of more than £60m if my understanding is correct (£28m debt at time of administration plus the debt forgiveness and equity swaps)
To attempt to compare the 2 situations is frankly laughable.Last edited by Mr White; 29-03-2017 at 07:02 PM.
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29-03-2017 07:18 PM #77This quote is hidden because you are ignoring this member. Show Quote
Was never going to be his own and hearts only had debts themselves in those days.
"I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"
Sir Matt Busby
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29-03-2017 07:47 PM #78
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29-03-2017 07:48 PM #79This quote is hidden because you are ignoring this member. Show Quote
Hibs had debt mostly in the form of mortgages. Do you have a mortgage? If so and you want to strike a deal with your lender go along and ask them what lump sum they'd be willing to accept. They will strike a deal with you and you'd end up paying less than you would have if you'd allowed the mortgage to run it's full term. The Bank of Scotland is owned by the Lloyds Group btw and is as Scottish as Scotch Tape.
Your attitude smells btw, like this http://ask.metafilter.com/83906/Brewing-up-a-stink
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29-03-2017 07:49 PM #80This quote is hidden because you are ignoring this member. Show Quote
The bank made a conscious commercial decision to come to an arrangement with Hibs and STF. That's no rip off in my book.
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29-03-2017 07:55 PM #81This quote is hidden because you are ignoring this member. Show Quote
You are talking absolute pony, I'm afraid.
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29-03-2017 08:59 PM #82
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Plus my only gripe with the statement was the fact it was bad for Lithuanians to lose money, but OK for Scots!
I was not in any way comparing one against the other it was based on Nationality!
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29-03-2017 09:05 PM #83This quote is hidden because you are ignoring this member. Show Quote
You're at it if you're now trying to claim you weren't comparing the situations. Glass houses?
Mind you having read through some of your other posts both tonight and in recent times, you're quite clearly at it.
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29-03-2017 09:07 PM #84This quote is hidden because you are ignoring this member. Show Quote
The Bank of Scotland is not "the Scottish people".
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29-03-2017 09:11 PM #85This quote is hidden because you are ignoring this member. Show Quote
Did Scots not lose out via Hearts tax scam when they were "loaning" players via Kaunas?
Anyway which Scots lost out from the deal Hibs did with the Bank of Scotland?
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29-03-2017 09:11 PM #86
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I was only expressing an opinion!
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29-03-2017 09:16 PM #87This quote is hidden because you are ignoring this member. Show Quote
The facts of the 2 situations are very different.
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29-03-2017 09:19 PM #88This quote is hidden because you are ignoring this member. Show Quote
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29-03-2017 09:35 PM #89This quote is hidden because you are ignoring this member. Show Quote
Seems like you're not sure what you are trying to say.
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29-03-2017 09:45 PM #90
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Like others, I don't know where you are going with this?
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