Share Transfers Agreed/Cooling off period

[MADE IN LEITH]

Sorry if this has been posted before, but definatley worth a look!

http://www.youtube.com/watch?v=NEU0rH3XYgY

:thumbsup:

One from the archives, total gold and quite fitting at this moment in time.

Listen for the very last line on the You Tube video, total class and how right he was :wink:

http://www.youtube.com/watch?v=NEU0rH3XYgY

[Caversham Green]

There's no reason for them to not accept it. They're getting nothing either way so no point in rejecting it other than spite. Dunfermline had their recent 0 pence in the pound CVA accepted.
The only votes that are going to matter are ukio, ubig and hmrc. Hmrc is a guaranteed no but if ubig vote yes then that won't matter. The most important thing for hearts is that the offer is good enough for the only secured creditor- Ukio. And at the moment that is doubtful.

A wee bit of pedantry here... HMRC are likely to abstain rather than vote against a CVA. Likewise, UBIG won't have to vote against it, they just have to fail to vote. Right now they are in no position to vote since they have no-one in a position of authority and when an IP is appointed he has no motivation to vote in favour of a CVA and it's likely that he would simply not bother to vote. In that case the CVA proposal would fail. In Dunfy's case the majority creditor had reasons for keeping the club alive, in HoMFC's case there are none.

[Mac]

A wee bit of pedantry here... HMRC are likely to abstain rather than vote against a CVA. Likewise, UBIG won't have to vote against it, they just have to fail to vote. Right now they are in no position to vote since they have no-one in a position of authority and when an IP is appointed he has no motivation to vote in favour of a CVA and it's likely that he would simply not bother to vote. In that case the CVA proposal would fail. In Dunfy's case the majority creditor had reasons for keeping the club alive, in HoMFC's case there are none.

Major Key point regards Dunfermline was that Masterton wrote off a huge amount of money owed to him and handed the keys of the stadium over to the successful consortium that was a huge asset to have and gave them collateral going forward, Hearts don’t have anything other than a huge pile of debt, along with a defunct bank and holding Company owing millions to a range of creditors who are undoubtedly screaming the place down to get some sort of money back, there is no way they are going to accept anything other than the true value of the assets that exist, heartfelt pleas will undoubtedly fall on deaf ears over in Lithuania.

[joe breezy]

:agree: Gives me the dry boke. No doubt some of the "believers" still refer to him like that. Roasters.

I saw some Hearts clown of Facebook say as a status update 'laughing at the Hibs singing Vladimir Romanov' after the last game.

They are completely delusional.

[Seveno]

Major Key point regards Dunfermline was that Masterton wrote off a huge amount of money owed to him and handed the keys of the stadium over to the successful consortium that was a huge asset to have and gave them collateral going forward, Hearts don’t have anything other than a huge pile of debt, along with a defunct bank and holding Company owing millions to a range of creditors who are undoubtedly screaming the place down to get some sort of money back, there is no way they are going to accept anything other than the true value of the assets that exist, heartfelt pleas will undoubtedly fall on deaf ears over in Lithuania.

The other key point re Dunfermline is that they have a rather neat little stadium, whereas Hearts have a heap of s**t.

[The Falcon]

The other key point re Dunfermline is that they have a rather neat little stadium, whereas Hearts have a heap of s**t.

Is it not another company, also in administration, that owns East End park?

[Jack Hackett]

The other key point re Dunfermline is that they have a rather neat little stadium, whereas Hearts have a heap of s**t.

Shurely shome mishtake mish Moneypenny. What happened to the £51M superstand/hotel/conference centre/focus for 400k fans? :confused:

[Craig_in_Prague]

comment on this article: http://www.edinburghnews.scotsman.com/news/ex-hearts-man-rudi-skacel-settles-agent-cash-claim-1-3062384

"Best player Hearts have had for many years. Worth every penny we paid for him"

WE paid for him??? WHO????????

they make my blood boil.

please, Die.

[#FromTheCapital]

comment on this article: http://www.edinburghnews.scotsman.com/news/ex-hearts-man-rudi-skacel-settles-agent-cash-claim-1-3062384

"Best player Hearts have had for many years. Worth every penny we paid for him"

WE paid for him??? WHO????????

they make my blood boil.

please, Die.

Best player the Lithuanian tax payers ever bought. Except he wasn't really that good.

Something doesn't sit right with this. Says in that article he was on 190,000 euros per year, which probably works out around £3k per week. It's a guarantee he was on more that that, especially given the part about how he negotiated the deal with Romanov himself. Dodgy dealings without doubt

[Craig_in_Prague]

Best player the Lithuanian tax payers ever bought. Except he wasn't really that good.

Something doesn't sit right with this. Says in that article he was on 190,000 euros per year, which probably works out around £3k per week. It's a guarantee he was on more that that, especially given the part about how he negotiated the deal with Romanov himself. Dodgy dealings without doubt

Yep, that was his 'contractual' wage; he will have earned 3x more for sure.

I was on his flight when back in Edinburgh 2 weeks ago, he is clubless at the moment. Maybe he was going back to give them money? aye thought not.... probably pouring more pints?
Looked at his career, and overall, pretty rubbish. Goals & Games for Hearts were certainly his best times, but a pishy wee club from Gorgie about to go bust, aint really a big success in the grand scheme of things.
Still, he'll have pocketed loads of Lithuanian tax payers monies & can probably retire at 34, little ****bag rat.

[Heisenberg]

Skacel will be back with them in February I'd imagine?

[#FromTheCapital]

Skacel will be back with them in February I'd imagine?

Not if their still in admin or better yet, bust. Both likely scenarios.

[ballengeich]

Is it not another company, also in administration, that owns East End park?

The club and ground were in separate companies, but I think the cvas for the two companies brought them back together under Pars United.

[KWJ]

That's exactly what I'd expect, in the name of journalistic integrity. Hearts deserve a Panaroma special, just like Old Huns. There's criminality and corruption here - a great story for any investigative reporter worth their salt. If the Edinburgh Evening News wasn't a Hearts fanzine, they'd have had a Watergate type story. Let's have the whole truth :devil:

If only Jack Parlabane were real.

[Caversham Green]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282

[HibbySpurs]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282

I'm still baffled that this guy even has a job? Wasn't he on the last (now removed) board????

Total joke club, sooner they die the better.

[Stevie Reid]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282


I have said before that while we may not have the sporting (http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282#) success of the Real Madrids, Barcelonas and Manchester Uniteds of this world, we do have a history every bit as rich.

Of course you do.

[BH Hibs]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282

More sycophantic *****. Suggesting they are bigger than Chelsea, a record equalling league win run how did that end again? Please just **** off and die Hertz, the sooner the better, arrogant tossers to the end. :jamboak::yw:

[brog]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282

I'm astonished that the football authorities have not investigated the charlatan that is Self-sufficient Southern, or maybe I'm not! At the time of Irangate the Washington Post had a headline re Ronald Reagan which read, Guilty but asleep! I suspect Southern may apply the same defence.

[YehButNoBut]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282


:jamboak::jamboak::jamboak::jamboak::jamboak::jamb oak:

[Hibby Kay-Yay]

"the new owners of Heart of Midlothian Football Club will benefit from excellent work that has been done by the staff here to ensure the business can operate sustainably. The underlying business fundamentals are good and, under the right ownership, there is no reason why Hearts should not remain as one of the biggest and potentially most successful clubs in Scottish football.

Forever Hearts."

This guy has some balls

[Kato]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282

Shameful. Shameless.

[Stevie Reid]

There seems to be a real love in just now for the despicable, low lives rom across the city. Did anyone else hear Willie Miller on the radio yesterday at the end of their game. It was very reminiscent of the Danish commentator just after Denmark had beaten England back in the 80s. I was actually shouting at the radio to shut the **** up! It was cringeworthy.
We are now in a position where not only are the media ignoring the financial cheating. You know the ripping off of everyone from their own fans to the governments of both the uk and Lithuania and any number of small businesses. The media now seam to be creaming themselves about the fact that the could stay up. Its actually almost beyond belief when compared to some of the reporting about our club

It is infuriating. My mate made the point the other week that we get a far worse press for operating within our means and not being that good at the moment, than Hearts have ever had for any number of their disgraceful indiscretions in recent years, and it's true.

I honestly don't get it.

[Keith_M]

The man behind the £1m shares scam is at it again.

http://www.heartsfc.co.uk/articles/20130827/letter-to-the-fans_2241384_3438282


Oh dear, playing yet again on their proud war record.

Just how low can these people get (rhetorical question, we all know that already)

[copycat]

Initially there was some sympathy as there was no doubt he was a puppet and patsy for the Lithuanians who dispersed quickly once they realised the poop was heading for the fan in a big way, they almost knew what they were doing regards the share issue etc was potentially illegal.

However, with the share issue and season ticket sales surely he has to be investigated, they STOLE the share money, no other words for it and please do not tell me he wasn’t fully aware what was happening as he would have full access to the transactions taking place and where the money was disappearing to, he was also fully aware it wasn’t officially registered and that NO certificates would be forthcoming, again something that he has to be held accountable for as he blatantly lied and covered up the truth while publicly still trying to steal money from the supporters which many didn’t have the money to give never mind lose it and have nothing to show for it.

ST sales pitch, Friday prior to administration he was again out there banging the drum for supporters to part with their hard earned cash knowing full well that the club was entering administration on the Monday, up to now they have been fortunate they have fulfilled their fixtures but that was certainly no given at the time when he was begging for the supporters to renew or recruit new ST holders, he knew what he was doing and that he was potentially stealing the supporters money.

I cannot believe this man has not had the supporters banging down the door and hanging him from the nearest lamppost for blatant lies and fraudulent claims, surely he has to be held accountable to an extent for the fraudulent share issue and should the worst case scenario happen then they won’t fulfil fixtures and those people who purchased must have a legal case against him, patsy or not he was the MD and the some of the blame is on his forehead.

It does infuriate me that the media are pandering and almost trumpet blowers for a club who stole money, cheated, didn’t pay local and nationwide suppliers, didn’t pay staff both playing and office, made innocent people redundant, stole supporters money, lied, publicly accused clubs and organisations for being corrupt, made a mockery of both the football hierarchy & media (remember the monkey nuts and banana stunts) and yet they seem to be given the support that no other club seems to receive.

There were many people at that club who were fully aware what was going on yet said and did nothing to protect the supporters, ironically by not speaking out around December last year they made things worse.

[Kato]

Initially there was some sympathy as there was no doubt he was a puppet and patsy for the Lithuanians who dispersed quickly once they realised the poop was heading for the fan in a big way, they almost knew what they were doing regards the share issue etc was potentially illegal.

However, with the share issue and season ticket sales surely he has to be investigated, they STOLE the share money, no other words for it and please do not tell me he wasn’t fully aware what was happening as he would have full access to the transactions taking place and where the money was disappearing to, he was also fully aware it wasn’t officially registered and that NO certificates would be forthcoming, again something that he has to be held accountable for as he blatantly lied and covered up the truth while publicly still trying to steal money from the supporters which many didn’t have the money to give never mind lose it and have nothing to show for it.

ST sales pitch, Friday prior to administration he was again out there banging the drum for supporters to part with their hard earned cash knowing full well that the club was entering administration on the Monday, up to now they have been fortunate they have fulfilled their fixtures but that was certainly no given at the time when he was begging for the supporters to renew or recruit new ST holders, he knew what he was doing and that he was potentially stealing the supporters money.

I cannot believe this man has not had the supporters banging down the door and hanging him from the nearest lamppost for blatant lies and fraudulent claims, surely he has to be held accountable to an extent for the fraudulent share issue and should the worst case scenario happen then they won’t fulfil fixtures and those people who purchased must have a legal case against him, patsy or not he was the MD and the some of the blame is on his forehead.

It does infuriate me that the media are pandering and almost trumpet blowers for a club who stole money, cheated, didn’t pay local and nationwide suppliers, didn’t pay staff both playing and office, made innocent people redundant, stole supporters money, lied, publicly accused clubs and organisations for being corrupt, made a mockery of both the football hierarchy & media (remember the monkey nuts and banana stunts) and yet they seem to be given the support that no other club seems to receive.

There were many people at that club who were fully aware what was going on yet said and did nothing to protect the supporters, ironically by not speaking out around December last year they made things worse.

He describes the Romanov Era as "hugely successful" which given their goals and money spent it wasn't and allowing for the fact that era's methods landed them where they are now, even less so.

Does anyone think if Petrie landed Hibs in the same trouble he would get off scot free in the press? They are the establishment team at a time when the establishment thrive on lies, bending/breaking what's left of the financial rule-book and a deep, deep snideyness.

[clerriehibs]

He describes the Romanov Era as "hugely successful" which given their goals and money spent it wasn't and allowing for the fact that era's methods landed them where they are now, even less so.

Does anyone think if Petrie landed Hibs in the same trouble he would get off scot free in the press? They are the establishment team at a time when the establishment thrive on lies, bending/breaking what's left of the financial rule-book and a deep, deep snideyness.

I so ****ing hate them, the vile, pretentious, thieving, cheating *******s that they ALL ****ing are.

[Stevie Reid]

He describes the Romanov Era as "hugely successful" which given their goals and money spent it wasn't and allowing for the fact that era's methods landed them where they are now, even less so.

Does anyone think if Petrie landed Hibs in the same trouble he would get off scot free in the press? They are the establishment team at a time when the establishment thrive on lies, bending/breaking what's left of the financial rule-book and a deep, deep snideyness.

Petrie gets a worse press now than Romanov has ever had!

[Biggie]

To harp on again about the war effort is shameful....hurry up and die

[clerriehibs]

JACK ALEXANDER ... I
know you're reading. Why do you have a sticky thread on sickbag entitled "heart of midlothian war memorial"? By your own admission onherr, there us no such thing - it was bought as a result of a hearts/hibs fundraiser on behalf of ALL of Edinburgh's sportsmen.

Sucking the blood of those that have died for their own ends; that club is disgusting.

[Bostonhibby]

To harp on again about the war effort is shameful....hurry up and die

Can they not do it again now that one of their own put his hand in his pocket to pay the bumped poppy money and "Independent" Ian has told us listing Macraes Battalion Trust as bumped creditors was a mistake. The money was probably just resting in their account.

[flash]

JACK ALEXANDER ... I
know you're reading. Why do you have a sticky thread on sickbag entitled "heart of midlothian war memorial"? By your own admission onherr, there us no such thing - it was bought as a result of a hearts/hibs fundraiser on behalf of ALL of Edinburgh's sportsmen.

Sucking the blood of those that have died for their own ends; that club is disgusting.

Don't encourage him to post another patronising ramble on here.

Just remember if it wasn't for Hertz we would all be typing in German.

[Andy74]

Don't encourage him to post another patronising ramble on here.

Just remember if it wasn't for Hertz we would all be typing in German.

We wouldn't be typing here at all. There would be no such thing as football to talk about.

[hibees 7062]

Don't encourage him to post another patronising ramble on here.

Just remember if it wasn't for Hertz we would all be typing in German.

:top marks

[Hibrandenburg]

Don't encourage him to post another patronising ramble on here.

Just remember if it wasn't for Hertz we would all be typing in German.

Ich persönlich hatte gar nichts dagegen! Scheiss Spaßverderber.

[southsider]

Just had a phone call from some clown named J#hn Mc#ride from he#rtz hospitality urging our firm to take out a package at the pbs. I told him " have you no shame ? You have robbed charities, hard working local firms as well as the VAT, PAYE and the Inland Revenue. Pay all these back before you come begging for money.

[greenginger]

I'm still baffled that this guy even has a job? Wasn't he on the last (now removed) board????

Total joke club, sooner they die the better.

That will be the same guy who was Chief Executive of the football club that stole £ 34,000 from the Big Hearts Charity Trust that he also happened to be Chairman of as well.

Has the theft ever been mentioned in the EEN ?

[Keith_M]

Ich persönlich hatte gar nichts dagegen! Scheiss Spaßverderber.


Ich habe schon eine deutsche Fürherin



:boo hoo:

[hibees 7062]

That will be the same guy who was Chief Executive of the football club that stole £ 34,000 from the Big Hearts Charity Trust that he also happened to be Chairman of as well.

Has the theft ever been mentioned in the EEN ?

Email time , wheres Sydney ?

[jacomo]

Oh dear, playing yet again on their proud war record.

Just how low can these people get (rhetorical question, we all know that already)


To harp on again about the war effort is shameful....hurry up and die

:agree:

Cheap. Very very cheap.

[Dunderhall]

That will be the same guy who was Chief Executive of the football club that stole £ 34,000 from the Big Hearts Charity Trust that he also happened to be Chairman of as well.

Has the theft ever been mentioned in the EEN ?
Briefly, which caused many yams in denial to tweet their anger at the report.
2 days later it ran its anti Massone article and upped its support of FoH.

It also ran an article saying supporters were going to fund raise to repay the charities done over. All quiet on that front though.

[Judas Iscariot]

Just had a phone call from some clown named J#hn Mc#ride from he#rtz hospitality urging our firm to take out a package at the pbs. I told him " have you no shame ? You have robbed charities, hard working local firms as well as the VAT, PAYE and the Inland Revenue. Pay all these back before you come begging for money.

What did he say?

[Dashing Bob S]

I should know this, but it's slipped my mind: when is the decision actually made (in so far as it can be) about the proposed FOH CVA?


(Everything else from Hearts/media/Murray pretty much just hot air till then.)

[Kato]

What did he say?

"Big Club, 1902", what else?

[Dunderhall]

I should know this, but it's slipped my mind: when is the decision actually made (in so far as it can be) about the proposed FOH CVA?


(Everything else from Hearts/media/Murray pretty much just hot air till then.)
Recent articles from Lithuania suggested it could be by the end of this month.
Wait and see on that one though.

[brog]

"the new owners of Heart of Midlothian Football Club will benefit from excellent work that has been done by the staff here to ensure the business can operate sustainably. The underlying business fundamentals are good and, under the right ownership, there is no reason why Hearts should not remain as one of the biggest and potentially most successful clubs in Scottish football.

Forever Hearts."

This guy has some balls

That would be the 24 staff working for free while BDO's bill heads for the £0.5m mark!

[Dashing Bob S]

Recent articles from Lithuania suggested it could be by the end of this month.
Wait and see on that one though.

Great - thanks.

[Deansy]

Don't really give one that they're getting such a good press right now, papers have to sell as they're all fighting for a smaller audience these days. It's actually better as the Muppets are feeding/thriving off it and you'd think it's only a matter of time until they're back to 'where they belong' - well, it's not and they won't be so when THE day arrives it will just be so much more sweeter !!, Think pictures of them at Dens Park after Sir Albert rammed them and multiply that feeling a thousand-fold !!

[truehibernian]

Sod the shares issue, CVA's, war winning and typing in German - why oh why oh why does David Southern dress like a butler from Downton Abbey and when oh when oh when will he buy decent attire that fits him. The shirt and tie combo is a disgrace and the suit looks like it's been stolen from the set of Knots Landing ! :greengrin

David my man.....get yourself a nice pair of Trickers or Church's shoes, nice little Maison Margiela suit, cheeky wee Finamore shirt and Alexander Olch tie combination - in other words, the Hibs way :aok:

Ya tramp ! :greengrin :na na:

[StevieC]

Just remember if it wasn't for Hertz we would all be typing in German.

Can we blame them then, every time the 1966 World Cup is brought up?

[Ozyhibby]

Everybody concentrating on the messengers past. What about the actual message and what it says about where FoH are at. Southern effectively works for BDO now so are they getting worried about there being no increased offer?

[Gus Fring]

Everybody concentrating on the messengers past. What about the actual message and what it says about where FoH are at. Southern effectively works for BDO now so are they getting worried about there being no increased offer?

Yes.

My source tells me the FOH bid is not done and dusted yet an UKIO are still heavily favouring liquidation. They know they are unlikely to get the assets unfrozen therefore liquidation is the best chance of getting any money.

[kaimendhibs]

Think I like your source


Sent from my iPhone at home on crutches

[Ozyhibby]

Yes.

My source tells me the FOH bid is not done and dusted yet an UKIO are still heavily favouring liquidation. They know they are unlikely to get the assets unfrozen therefore liquidation is the best chance of getting any money.

Good, thought it was just me. Couldn't understand why they thought a message from David Southern would have the few remaining jambos who have not done so rushing to fill out the direct debit forms. Fat Robbo or Skachel would be a better bet.
This has to be BDO send a hurry up to FoH.

[Fife-Hibee]

Yes.

My source tells me the FOH bid is not done and dusted yet an UKIO are still heavily favouring liquidation. They know they are unlikely to get the assets unfrozen therefore liquidation is the best chance of getting any money.

Oh please be true :-))

[greenginger]

Has there never been any leaks/whispers about the ground value arrived at by Jones Lang Lasalles.

Someone must have heard something, Edinburgh's a village after all.

[Jack Hackett]

Yes.

My source tells me the FOH bid is not done and dusted yet an UKIO are still heavily favouring liquidation. They know they are unlikely to get the assets unfrozen therefore liquidation is the best chance of getting any money.

Just trying to get my head around that..... if hertz are liquidated, will that not still leave the piggery a frozen asset as far as UKIO are concerned, and unable to sell it? In other words, no real difference in terms of bringing money in?

[Kato]

Just trying to get my head around that..... if hertz are liquidated, will that not still leave the piggery a frozen asset as far as UKIO are concerned, and unable to sell it? In other words, no real difference in terms of bringing money in?

It's Hearts shares with UBIG that are frozen. UKIO control Tynecastle.

[Jack Hackett]

It's Hearts shares with UBIG that are frozen. UKIO control Tynecastle.

Phew! Thanks for the clarification :greengrin

[hibbymick]

Sod the shares issue, CVA's, war winning and typing in German - why oh why oh why does David Southern dress like a butler from Downton Abbey and when oh when oh when will he buy decent attire that fits him. The shirt and tie combo is a disgrace and the suit looks like it's been stolen from the set of Knots Landing ! :greengrin

David my man.....get yourself a nice pair of Trickers or Church's shoes, nice little Maison Margiela suit, cheeky wee Finamore shirt and Alexander Olch tie combination - in other words, the Hibs way :aok:

Ya tramp ! :greengrin :na na:

Just seen the picture.....what an absolute steamer :hilarious

[Sanger]

It's Hearts shares with UBIG that are frozen. UKIO control Tynecastle.
Any proceeds from the sale can be frozen until the legal situation is unravelled regardless if a CVA or liquidation.

[Kato]

Any proceeds from the sale can be frozen until the legal situation is unravelled regardless if a CVA or liquidation.

I notice your not saying it can't be sold.:greengrin:wink:

[Sanger]

I notice your not saying it can't be sold.:greengrin:wink:
But liquidation is cleaner and quicker.

[TRC]

What really get to me is that an MP who is supposed to act in the interest of the people is endorsing a business that has employed convicted child abusers and someone on the sex registrar. it begs the question what way does Mr Murrays moral compass point!

[The Green Goblin]

Dreadful shameful and shameless article, as someone else said. I read into this that they are firmly laying the groundwork for the outcry and victim status the yams will adopt en masse when liquidation happens.

[SmashinGlass]

What really get to me is that an MP who is supposed to act in the interest of the people is endorsing a business that has employed convicted child abusers and someone on the sex registrar. it begs the question what way does Mr Murrays moral compass point!

He's an MP. He has no morals

[Kato]

But liquidation is cleaner and quicker.

You should do adverts. :wink:

[jonny]

Dreadful shameful and shameless article, as someone else said. I read into this that they are firmly laying the groundwork for the outcry and victim status the yams will adopt en masse when liquidation happens.

I thought it was a very inspiring article. So inspiring I made a pledge :devil:

[Kato]

Dreadful shameful and shameless article, as someone else said. I read into this that they are firmly laying the groundwork for the outcry and victim status the yams will adopt en masse when liquidation happens.

The weeping and wailing you mean.

[Jack Hackett]

I thought it was a very inspiring article. So inspiring I made a pledge :devil:

I've pledged to despise them until the day they die.....and then I'll despise them in memoriam :brokenyam:

[Hibernia Na Eir]

I pledge to ridicule them till I die.

[The Green Goblin]

I pledge to ridicule them till I die.

Happily, it's likely they will go first :greengrin

[greenginger]

Just noticed the Council have set a closing date of Tuesday 3 rd September for offers for the old Tynecastle School premises adjacent to the PBS.


Must be plenty of interest from developers for land in that part of the City ! :thumbsup:

[s.a.m]

Just noticed the Council have set a closing date of Tuesday 3 rd September for offers for the old Tynecastle School premises adjacent to the PBS.


Must be plenty of interest from developers for land in that part of the City ! :thumbsup:

IIRC, the site was advertised with a number of caveats about use restrictions........and it doesn't seem to have deterred developers (assuming that the closing date means that there's at least one note of interest.)
I wonder if they're aware of that in Lithuania. :hmmm:

[lapsedhibee]

Can they not do it again now that one of their own put his hand in his pocket to pay the bumped poppy money and "Independent" Ian has told us listing Macraes Battalion Trust as bumped creditors was a mistake. The money was probably just resting in their account.

He did indeed, but he's incompetent. It's McCraes.

[greenginger]

IIRC, the site was advertised with a number of caveats about use restrictions........and it doesn't seem to have deterred developers (assuming that the closing date means that there's at least one note of interest.)
I wonder if they're aware of that in Lithuania. :hmmm:


Jones Lang LaSalle who were valuing the PBS should be aware of any market interest in adjoining sites.

However I notice JLS 's lead partner is Andy Irvine former Scottish Rugby captain and Edinburgh establishment mixer who you would expect to have some sporting sympathies.

I hope he does not let his personal preferences interfere with his professional judgement.

[Part/Time Supporter]

Jones Lang LaSalle who were valuing the PBS should be aware of any market interest in adjoining sites.

However I notice JLS 's lead partner is Andy Irvine former Scottish Rugby captain and Edinburgh establishment mixer who you would expect to have some sporting sympathies.

I hope he does not let his personal preferences interfere with his professional judgement.

This is just getting silly now. Anyone else in on this global pro-Hearts conspiracy? The CIA perhaps?

:rolleyes:

[greenginger]

This is just getting silly now. Anyone else in on this global pro-Hearts conspiracy? The CIA perhaps?

:rolleyes:


Cornwall is a long way away, there are Yams everywhere, believe me ! :greengrin

[steviehibsleith]

Just noticed the Council have set a closing date of Tuesday 3 rd September for offers for the old Tynecastle School premises adjacent to the PBS.


Must be plenty of interest from developers for land in that part of the City ! :thumbsup:

More houses/flats required in Edinburgh, hope the Lithuanians were alerted to the £40 million pound proposed housing development at the old bus depot on Leith walk. Size must be comparable with the PBS when flattened.

[Bostonhibby]

He did indeed, but he's incompetent. It's McCraes.

Yep couldn't even get that right, the reply was so general that it was probably written by some lacky (not on labour party time obviously). Think they'd have got that right though.

[JeMeSouviens]

Everybody concentrating on the messengers past. What about the actual message and what it says about where FoH are at. Southern effectively works for BDO now so are they getting worried about there being no increased offer?

Exactly. It's "we won the war, 5-1, give us more of your money". Was there not some chat about the Muppets' backers releasing more up front capital for their bid depending on the pledge total? If they're still on the begging bowl offensive, they're probably still well short.

[YehButNoBut]

It really gets to me how so many in football are making out that Hearts fans are the greatest & if it wasn't for them they're club wouldn't exist blaa blaa blaa.

Even the Yams themselves go on and on how they must be the greatest fans in the world for saving their club.

Will something bad happen to them soon to shut the fe ckers up, please. :fenlon:yw:

A good example of this is this piece by Craig Levein on the FoH website today, it's just a big love in just now, hopefully it makes the fall even bigger when it does happen, but I wish it would happen soon as I can't stand to hear any more of this "wonderful fans" crap. :jamboak:

http://www.foundationofhearts.org/former-hearts-and-scotland-manager-craig-levein-supports-foundation-of-hearts/

The Foundation of Hearts today (28 August 2013) announces that Craig Levein has lent his full support to the campaign to secure supporter ownership for Heart of Midlothian Football Club (Hearts)

A highly successful manager at Tynecastle between 2000 and 2004, and former club captain, Craig was in Gorgie to promote a final call for supporters to set up direct debits ahead of Monday’s (2 September) official first draw-down.

The Foundation-backed bid sees Edinburgh business provide the up-front capital, through BIDCO, and then enter a binding contract with FANCO to sell the club, at no personal gain, in a controlled manner.

Former Hearts and Scotland manager Craig Levein said:

“I’ve asked a lot of searching questions over the last few months of the Foundation’s team, and I am impressed by the answers. They’ve clearly done a huge amount of work to create a sustainable platform for Hearts to rebuild.

“What they’ve done to make this a genuine possibility now is remarkable. They combine business capital, and expertise with the passion of the Hearts support.

“The supporters have been absolutely magnificent. I can’t stress that enough. The way they have rallied to support the club, time after time, is incredible. The fact Hearts even exists today is down to them. Hopefully the Foundation of Hearts can give the fans the fresh start they, more than anyone, deserve.”

Ian Murray, chairman of the Foundation of Hearts, added:

“We’re delighted to receive this public show of support from Craig Levein. He was a very fine player, captain and manager for this club. He’s hugely respected by the Hearts support, and he’s not offered this backing without considering some of the key detail.

[jacomo]

It really gets to me how so many in football are making out that Hearts fans are the greatest & if it wasn't for them they're club wouldn't exist blaa blaa blaa.

Even the Yams themselves go on and on how they must be the greatest fans in the world for saving their club.

Will something bad happen to them soon to shut the fe ckers up, please. :fenlon:yw:

A good example of this is this piece by Craig Levein on the FoH website today, it's just a big love in just now, hopefully it makes the fall even bigger when it does happen, but I wish it would happen soon as I can't stand to hear any more of this "wonderful fans" crap. :jamboak:

http://www.foundationofhearts.org/former-hearts-and-scotland-manager-craig-levein-supports-foundation-of-hearts/

The Foundation of Hearts today (28 August 2013) announces that Craig Levein has lent his full support to the campaign to secure supporter ownership for Heart of Midlothian Football Club (Hearts)

A highly successful manager at Tynecastle between 2000 and 2004, and former club captain, Craig was in Gorgie to promote a final call for supporters to set up direct debits ahead of Monday’s (2 September) official first draw-down.

The Foundation-backed bid sees Edinburgh business provide the up-front capital, through BIDCO, and then enter a binding contract with FANCO to sell the club, at no personal gain, in a controlled manner.

Former Hearts and Scotland manager Craig Levein said:

“I’ve asked a lot of searching questions over the last few months of the Foundation’s team, and I am impressed by the answers. They’ve clearly done a huge amount of work to create a sustainable platform for Hearts to rebuild.

“What they’ve done to make this a genuine possibility now is remarkable. They combine business capital, and expertise with the passion of the Hearts support.

“The supporters have been absolutely magnificent. I can’t stress that enough. The way they have rallied to support the club, time after time, is incredible. The fact Hearts even exists today is down to them. Hopefully the Foundation of Hearts can give the fans the fresh start they, more than anyone, deserve.”

Ian Murray, chairman of the Foundation of Hearts, added:

“We’re delighted to receive this public show of support from Craig Levein. He was a very fine player, captain and manager for this club. He’s hugely respected by the Hearts support, and he’s not offered this backing without considering some of the key detail.

They're slipping up. Not a single reference to '5-1', size, or the war in this article as far as I can see.

[Phil D. Rolls]

How much of his own money is Levein donating?

[1875er]

What a feather in the cap for FOH, they have the backing of Scotlands worst ever international manager......

[lapsedhibee]

Ian Murray, chairman of the Foundation of Hearts, added:

“We’re delighted to receive this public show of support from Craig Levein. He was a very fine player, captain and manager for this club. He’s hugely respected by the Hearts support, and he’s not offered this backing without considering some of the key detail.

:faf: Might be better to consider a bit more than some of the detail before opening yer gob. That was a Stevie "Fail" Fail trademark anyway, claiming such-and-such a record by considering only the good results and ignoring the bad. Oi, Levein - get yer own trademark!

[Twa Cairpets]

How much of his own money is Levein donating?

£4-60 :wink:

[crewetollhibee]

£4-60 :wink::aok:

[hibees 7062]

How much of his own money is Levein donating?

Exactly , he could be assistant assistant manager for nowt tae :greengrin

[GREEN WARLORD]

How much of his own money is Levein donating?

1 Galleon, 2 Sickles and 10 Knuts Direct Debit via Gringotts.

[Bostonhibby]

How much of his own money is Levein donating?

Matching Skacel pound for pound!

[The_Horde]

Whilst they're trying to milk the yams for their bairns dinner money they're going to tell them everything they want to hear. If they said

"come, you peado sympathising deluded vlad worshippers. We don't care if your kids can't eat, we've stolen money from charities before and we'll do it again if we have to. Help us to have a slight chance of keeping this detestable club alive and to prolong our status as the club with no shame"

It would be the truth but doubt it would keep the knuckledraggers very happy.

[hibees 7062]

Matching the cup final team pound for pound!

Sorted :greengrin

[Springbank]

More houses/flats required in Edinburgh, hope the Lithuanians were alerted to the £40 million pound proposed housing development at the old bus depot on Leith walk. Size must be comparable with the PBS when flattened.

Not been intimitaley involved with shrub hill but hear from trusted sources the land value deloittes would get there is higher than 5.5m (suggesting property sale would net more than 5.5m at tynecastle)

Just saying

[sadtom]

Matching Skacel pound for pound!

Just as well no one is matching Nade pound (£) for pound (lb). The swines would be in for Gareth Bale!!!

[hibees 7062]

Just as well no one is matching Nade pound (£) for pound (lb). The swines would be in for Gareth Bale!!!


:greengrin

[Dashing Bob S]

Not been intimitaley involved with shrub hill but hear from trusted sources the land value deloittes would get there is higher than 5.5m (suggesting property sale would net more than 5.5m at tynecastle)

Just saying

This tallies with what I've been hearing. "At least twice that", was what I was told by senior property developer.

The FOH thing, as it stands, seems to be a failed bid using the media to try and generate some forward momentum and a bandwagon effect. The objective is to squeeze more out of the numpties.

I would suspect that FOH are trying to maximise pledged revenues for the post-liquidation scenario, and the rebuilding of the club from scratch. I expect this bid to fail and liquidation to be rebranded as the best thing since sliced bread. Look out for 'clean slate' 'new dawn' and 'golden (showers) opportunity' to gain heavy usage in September.

[lord bunberry]

How much of his own money is Levein donating?

He's putting nothing up front

[LongshanksED]

he's putting nothing up front

oh that's good!

[Ozyhibby]

This tallies with what I've been hearing. "At least twice that", was what I was told by senior property developer.

The FOH thing, as it stands, seems to be a failed bid using the media to try and generate some forward momentum and a bandwagon effect. The objective is to squeeze more out of the numpties.

I would suspect that FOH are trying to maximise pledged revenues for the post-liquidation scenario, and the rebuilding of the club from scratch. I expect this bid to fail and liquidation to be rebranded as the best thing since sliced bread. Look out for 'clean slate' 'new dawn' and 'golden (showers) opportunity' to gain heavy usage in September.

From what I see, their strategy has changed slightly in that they are no longer talking about an increased bid but are focusing on talking down the valuation of the assets.

[KeithTheHibby]

It really gets to me how so many in football are making out that Hearts fans are the greatest & if it wasn't for them they're club wouldn't exist blaa blaa blaa.

Even the Yams themselves go on and on how they must be the greatest fans in the world for saving their club.

Will something bad happen to them soon to shut the fe ckers up, please. :fenlon:yw:

A good example of this is this piece by Craig Levein on the FoH website today, it's just a big love in just now, hopefully it makes the fall even bigger when it does happen, but I wish it would happen soon as I can't stand to hear any more of this "wonderful fans" crap. :jamboak:

http://www.foundationofhearts.org/former-hearts-and-scotland-manager-craig-levein-supports-foundation-of-hearts/

The Foundation of Hearts today (28 August 2013) announces that Craig Levein has lent his full support to the campaign to secure supporter ownership for Heart of Midlothian Football Club (Hearts)



A highly successful manager at Tynecastle between 2000 and 2004, and former club captain, Craig was in Gorgie to promote a final call for supporters to set up direct debits ahead of Monday’s (2 September) official first draw-down.

The Foundation-backed bid sees Edinburgh business provide the up-front capital, through BIDCO, and then enter a binding contract with FANCO to sell the club, at no personal gain, in a controlled manner.

Former Hearts and Scotland manager Craig Levein said:

“I’ve asked a lot of searching questions over the last few months of the Foundation’s team, and I am impressed by the answers. They’ve clearly done a huge amount of work to create a sustainable platform for Hearts to rebuild.

“What they’ve done to make this a genuine possibility now is remarkable. They combine business capital, and expertise with the passion of the Hearts support.

“The supporters have been absolutely magnificent. I can’t stress that enough. The way they have rallied to support the club, time after time, is incredible. The fact Hearts even exists today is down to them. Hopefully the Foundation of Hearts can give the fans the fresh start they, more than anyone, deserve.”

Ian Murray, chairman of the Foundation of Hearts, added:

“We’re delighted to receive this public show of support from Craig Levein. He was a very fine player, captain and manager for this club. He’s hugely respected by the Hearts support, and he’s not offered this backing without considering some of the key detail.



Feel like spewing after reading this pish.

Out of interest has any other club on the planet ever succeeded with a FOH type bid?

[lapsedhibee]

Out of interest has any other club on the planet ever succeeded with a FOH type bid?

Yes yes but the yams are not any other club on the planet. If it hadn't been for the yams' ultimate sacrifice in WW1, there would be no professional football. Full stop. A (Jack Alexander) FACT.

[Jack]

Exactly. It's "we won the war, 5-1, give us more of your money". Was there not some chat about the Muppets' backers releasing more up front capital for their bid depending on the pledge total? If they're still on the begging bowl offensive, they're probably still well short.

There have been suggestions all along that the more they get in pledges the more they can bid. I suspect there's a limit to that as they are now adding that 'even if we get too much that would be better for the club, blah, blah'.

My thoughts are that the folk putting up the cash have set a limit and the pledges are getting close to that. HOWEVER the maximum amount is still lower, considerably lower, than what our friends in Lithuania are looking for hence the low, very low, value S.H.I.T. put on their own club and why they continually try and devalue it in a futile attempt pull the turd coloured scarves over Lithuanian eyes.

[brog]

I just emailed the following to the DR hotline. I'm not holding my breath re my email being printed but some similar comments may provoke some reaction.

Instead of being a continual cheerleader for Foundation of Hearts perhaps the Daily Record could ask David Southern some pertinent questions such as; As Managing Director last year you presided over a share issue which was reported as having raised £1million. No shares were ever issued & BDO have been unable to trace any of the monies received. Where is the money? In addition David Southern stated Hearts were " self-sustainable " a few days before they entered Administration. Why would anyone trust David Southern now?

[truehibernian]

I just emailed the following to the DR hotline. I'm not holding my breath re my email being printed but some similar comments may provoke some reaction.

Instead of being a continual cheerleader for Foundation of Hearts perhaps the Daily Record could ask David Southern some pertinent questions such as; As Managing Director last year you presided over a share issue which was reported as having raised £1million. No shares were ever issued & BDO have been unable to trace any of the monies received. Where is the money? In addition David Southern stated Hearts were " self-sustainable " a few days before they entered Administration. Why would anyone trust David Southern now?

Did you send it to Joan Burnie who does the 'Just Joan' column brog or Keith Jackson ? :greengrin

The Records's ageing agony aunt would know far more about Hearts and do a far more probing investigation that that Rangers apologist/mouthpiece/wannabecelebrity :agree:

[Sanger]

This tallies with what I've been hearing. "At least twice that", was what I was told by senior property developer.

The FOH thing, as it stands, seems to be a failed bid using the media to try and generate some forward momentum and a bandwagon effect. The objective is to squeeze more out of the numpties.

I would suspect that FOH are trying to maximise pledged revenues for the post-liquidation scenario, and the rebuilding of the club from scratch. I expect this bid to fail and liquidation to be rebranded as the best thing since sliced bread. Look out for 'clean slate' 'new dawn' and 'golden (showers) opportunity' to gain heavy usage in September.
The property team at my work (a large asset manager) put a rough price of £9-10 million.

[NadeAteMyLunch!]

I hope the Liths are fully clued up on how much that land could actually be worth

[joe breezy]

The property team at my work (a large asset manager) put a rough price of £9-10 million.

All the direct debits in the world fae Mr Bad Credit Rating, West Edinburgh are not gonnae help them now (I've got a crap credit rating myself but I'm not trying to convince someone to hand over a football club on the strength of lots of direct debits fae my pals)

[cal-d hibs]

All the direct debits in the world fae Mr Bad Credit Rating, West Edinburgh are not gonnae help them now (I've got a crap credit rating myself but I'm not trying to convince someone to hand over a football club on the strength of lots of direct debits fae my pals)

:greengrin:greengrin

Nice one Joe :greengrin:greengrin

[Prof. Shaggy]

This is just getting silly now. Anyone else in on this global pro-Hearts conspiracy? The CIA perhaps?

:rolleyes:

Are (http://en.wikipedia.org/wiki/Hearts_and_Minds_(Vietnam)) you kidding?

[Gus Fring]

As a freelancer in the media, I can say there's no bias or anything that I've ever seen. As with all news stories a "journalist" will actually do the digging but we have very few of those in the scottish media because as soon as they show any promise they are lured away to bigger organisations with bigger fish to fry than Hearts (and Scottish Football in general).

What we are then left with is "Reporters" who are largely unqualified, inexperienced and who don't want to step on any toes because it will end up hurting them and their colleagues. The general rule of thumb when you get a story like Hearts is just to milk it for all it's worth and the best way to do that is positivity. It doesn't offend anyone that matters to the media and even those that do get annoyed (the fans) still end up reading it anyway.

Having said that, there is a difference between being positive and flat out lying in a bid to get readers like Barry Anderson, Brian Mclaughlin etc.

[Crazyhorse]

;3734150']Whilst they're trying to milk the yams for their bairns dinner money they're going to tell them everything they want to hear. If they said

"come, you peado sympathising deluded vlad worshippers. We don't care if your kids can't eat, we've stolen money from charities before and we'll do it again if we have to. Help us to have a slight chance of keeping this detestable club alive and to prolong our status as the club with no shame"

It would be the truth but doubt it would keep the knuckledraggers very happy.

You make a key point. I'll be happy to see the Yams who were rejoicing at what Vlad's stolen money bought them bled over and over again by these leeches and hopefully other groups of leeches in the future.

[The Green Goblin]

He's putting nothing up front

Nice one! :greengrin

[Caversham Green]

There have been suggestions all along that the more they get in pledges the more they can bid. I suspect there's a limit to that as they are now adding that 'even if we get too much that would be better for the club, blah, blah'.

My thoughts are that the folk putting up the cash have set a limit and the pledges are getting close to that. HOWEVER the maximum amount is still lower, considerably lower, than what our friends in Lithuania are looking for hence the low, very low, value S.H.I.T. put on their own club and why they continually try and devalue it in a futile attempt pull the turd coloured scarves over Lithuanian eyes.

Given that they keep telling us it's a binding contract (why are they making such a big thing of that?) the Biddies will be wanting security for the money they're putting up in case the Fannies can't keep up the payments. As we know, the only asset that's really worth anything is Tynie so if they have any business sense they won't be putting up any more than the value of the land. Which leaves them no further forward.

[Mac]

Given that they keep telling us it's a binding contract (why are they making such a big thing of that?) the Biddies will be wanting security for the money they're putting up in case the Fannies can't keep up the payments. As we know, the only asset that's really worth anything is Tynie so if they have any business sense they won't be putting up any more than the value of the land. Which leaves them no further forward.

But they aren't entering into a purchase agreement and very much entering into a voluntary agreement and therefor they couldn't possibly be any binding contract, might be wrong but don't think it would hold up in court.

[greenginger]

I think the biggest mistake FoH made in the whole process was the way the original bid was structured. How did it go again ?

£2 million for creditors in exchange for the football club, stadium and all the assets and £ 3.5 million for working capital for the club.

Looking at it from the Ukio Bankas admins side he sees an offer of £ 2 million ( probable reduced to £ 1.5 million after BDO's fees etc. ) for their security but more than twice as much to provide funding for the club to make sure it does not suffer any hardships.

So the football club that ripped everyone off gets the lion's share of any offer and the creditors are just expected to roll over and accept peanuts.

At least with Massone all the offer cash went to the right people and then the business of keeping the club going could be dealt with in-house and not waved under the noses of the creditors who have the final say.

[Jack]

Given that they keep telling us it's a binding contract (why are they making such a big thing of that?) the Biddies will be wanting security for the money they're putting up in case the Fannies can't keep up the payments. As we know, the only asset that's really worth anything is Tynie so if they have any business sense they won't be putting up any more than the value of the land. Which leaves them no further forward.

My apologies for not using the proper technical terms Biddies and Fannies :-)

I still don't think the Biddies are willing or able to stump up the value of the wongadome. It's just my thoughts that if they were willing and able then they would have moved to the next stage.

I appreciate there's negotiations and posturing to be done but I think this is, and it has been for a while, killing their club slowly but surely. If they had the option to make an acceptable bid they would have done it by now.

[Viva_Palmeiras]

My apologies for not using the proper technical terms Biddies and Fannies :-)

I still don't think the Biddies are willing or able to stump up the value of the wongadome. It's just my thoughts that if they were willing and able then they would have moved to the next stage.

I appreciate there's negotiations and posturing to be done but I think this is, and it has been for a while, killing their club slowly but surely. If they had the option to make an acceptable bid they would have done it by now.

But by the same token Jack could the liquidise button not have been pressed?

[Jack]

But they aren't entering into a purchase agreement and very much entering into a voluntary agreement and therefor they couldn't possibly be any binding contract, might be wrong but don't think it would hold up in court.

A popular misunderstanding.

Biddies and Fannies are the companies set up by S.H.I.T. to buy the odious club. That will be contracted.

The DDs idiots (shall we call them Diddies) who pay monthly can come and go as they please.

[Jack]

But by the same token Jack could the liquidise button not have been pressed?

Yes it could of but my thoughts are egos and reputations being massaged and protected as the reasons that hasn't happened.

[Saorsa]

Yes it could of but my thoughts are egos and reputations being massaged and protected as the reasons that hasn't happened.I thought that nonsense was restricted tae younger people but it would seem not. :grr: :greengrin

[Keith_M]

I though that nonsense was restricted tae younger people but it would seem not. :grr: :greengrin


I was just about to post that.

Great minds think alike and Grumpy old gits seldom differ :wink:



For the avoidance of doubt..

It's 'could have' not 'could of'!!!!!

[matty_f]

I thought that nonsense was restricted tae younger people but it would seem not. :grr: :greengrin

:tee hee:

[lapsedhibee]

For the avoidance of doubt..
It's 'could have' not 'could of'!!!!!

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?

[BarneyK]

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?

As a proud alumnus of the prestigious Gracemount High, I'd like to answer that question. As I say, I'd like tae but ah didnae understand it. :wink:

[Treadstone]

A popular misunderstanding.

Biddies and Fannies are the companies set up by S.H.I.T. to buy the odious club. That will be contracted.

The DDs idiots (shall we call them Diddies) who pay monthly can come and go as they please.

Diddies is acceptable Jack but I prefer PLUMS (payment levy using membership scheme)

[brog]

But by the same token Jack could the liquidise button not have been pressed?


Sure, but the Liths are still in investigation mode, the Yams problems are not their primary concern & BDO keep raking in the dosh so there's no real pressure for now to liquidate. I suspect however that the Lithuanian Govt will want to demonstrate their commitment to clean up the country before too long & things will then move quickly. I can't see them explaining to the Lithuanian people that its ok, we lost £65m but we've got an offer of £1m plus as many fairy cakes as we can eat so we thought we had better snap this offer up before it goes!
FWIW I think liquidation remains the most likely option, my biggest ( but unlikely ) concern is that when the precipice really does loom large some deluded Yam then steps up with cash.
PS, BDO now have about 60 hours to decide if any of these prized playing assets should be sold, assuming bids are flooding in! :greengrin

[Treadstone]

PS, BDO now have about 60 hours to decide if any of these prized playing assets should be sold, assuming bids are flooding in! :greengrin

As soon as Bale inks his deal the dominoes will start falling. Bryan Jackson should keep all lines of communication open.

[legends of 73]

As a proud alumnus of the prestigious Gracemount High, I'd like to answer that question. As I say, I'd like tae but ah didnae understand it. :wink:



So I wasn't the only one who never stuck in at that school:greengrin:greengrin

[CropleyWasGod]

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?

Subjunctive tense of the verb "can"?

[mim]

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?

It's an adverb. In this case the verb is implied - 'could have been'.

[brog]

As soon as Bale inks his deal the dominoes will start falling. Bryan Jackson should keep all lines of communication open.

Yep, Gareth could be the shortest ever highest transfer fee paid if Yams finally sell Jason Holt!

[Mac]

A popular misunderstanding.

Biddies and Fannies are the companies set up by S.H.I.T. to buy the odious club. That will be contracted.

The DDs idiots (shall we call them Diddies) who pay monthly can come and go as they please.

Indeed, it was the diddies I was referring too, the line that S.H.I.T are trying to spew out is that all people who clicked a button would be legally bind to pay the monthly payment, that is wholly inaccurate, as you say they can come and go as they please and as yet not a bean has been paid.

[clerriehibs]

But they aren't entering into a purchase agreement and very much entering into a voluntary agreement and therefor they couldn't possibly be any binding contract, might be wrong but don't think it would hold up in court.

Agree to pay a monthly amount with no end date? No, it wouldn't hold up in court.

[JeMeSouviens]

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?

Could is a modal verb.

http://en.wikipedia.org/wiki/English_modal_verbs

[JeMeSouviens]

But they aren't entering into a purchase agreement and very much entering into a voluntary agreement and therefor they couldn't possibly be any binding contract, might be wrong but don't think it would hold up in court.

I think the "binding" bit is that the Biddies have to sell the club (inc Tiny) to the Fannies and nobody else, ie. the Biddies are not allowed to buy it, bring it out of administration, then get a higher offer and decide to bypass the Fannies altogether. Presumably the binding will unbind if the Diddies don't keep up their payments to the Fannies though?

[Dunderhall]

I think the "binding" bit is that the Biddies have to sell the club (inc Tiny) to the Fannies and nobody else, ie. the Biddies are not allowed to buy it, bring it out of administration, then get a higher offer and decide to bypass the Fannies altogether. Presumably the binding will unbind if the Diddies don't keep up their payments to the Fannies though?
In that scenario the Kickback New Opportunity Biddies will come into play.

[matty_f]

In that scenario the Kickback New Opportunity Biddies will come into play.

Or the Tynie In Turmoil Squad.

[s.a.m]

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?

It is part of a past conditional phrase, in reply to VP's: But by the same token Jack could the liquidise button not have been pressed?

The full phrase would be something like: the button could have been pressed [if the Biddies were being truthful with themselves and the Fannies about the limitations of their bid], and the component parts are:

* could - conditional of the verb 'can'
* have - is the auxiliary required for.....
* been pressed - which is the past participle of 'press', in the passive mood.

followed by an 'if' clause, which would complete the full conditional phrase.


Mibbe:Ummm:

[dangermouse]

It is part of a past conditional phrase, in reply to VP's: But by the same token Jack could the liquidise button not have been pressed?

The full phrase would be something like: the button could have been pressed [if the Biddies were being truthful with themselves and the Fannies about the limitations of their bid], and the component parts are:

* could - conditional of the verb 'can'
* have - is the auxiliary required for.....
* been pressed - which is the past participle of 'be', in the passive mood.

followed by an 'if' clause, which would complete the full conditional phrase.


Mibbe:Ummm:

Thanks for saving me the bother of writing that explanation. :greengrin

[brog]

The DR today continues its love in with all things Yam by giving 2 pages to the roaster that is Craig Levein to proclaim his support for FoH. If you ever at any time gave credence to any statement by Levein, mull over this beauty. He's talking here about season 85/86 ( my fav as it happens ) not one game.
"There were about 30,000 in Tynecastle, I hesitate to suggest even more than that because perhaps extra tickets were being printed, I don't know"!
Facts
Yams average SPL home attendance for 85/86 season was just over 16k, Fact!
Excluding us & OF, average was just over 13k, Fact!
Their highest home attendance was 25.6k against us on New Years Day, Fact!
Tosspot, End of :greengrin

[Phil D. Rolls]

The DR today continues its love in with all things Yam by giving 2 pages to the roaster that is Craig Levein to proclaim his support for FoH. If you ever at any time gave credence to any statement by Levein, mull over this beauty. He's talking here about season 85/86 ( my fav as it happens ) not one game.
"There were about 30,000 in Tynecastle, I hesitate to suggest even more than that because perhaps extra tickets were being printed, I don't know"!
Facts
Yams average SPL home attendance for 85/86 season was just over 16k, Fact!
Excluding us & OF, average was just over 13k, Fact!
Their highest home attendance was 25.6k against us on New Years Day, Fact!
Tosspot, End of :greengrin

30,000 is fantasy. Iirc it was rare to have all ticket matches in those days, as 3/4 of the ground was

[LongshanksED]

Aren't the Liths deciding by August 31st what's happening with the FoH bid?

If so I take it tomorrow will be the day we hear any news seeing as 31st is a Saturday?

Could we all be raising a glass to the Lithuanians tomorrow evening in their decision to liquidate Hertz?

[Ozyhibby]

Aren't the Liths deciding by August 31st what's happening with the FoH bid?

If so I take it tomorrow will be the day we hear any news seeing as 31st is a Saturday?

Could we all be raising a glass to the Lithuanians tomorrow evening in their decision to liquidate Hertz?

Alluded to recently by Ukio admin but not a firm deadline. Doubt anything will happen tomorrow.

[Dashing Bob S]

Alluded to recently by Ukio admin but not a firm deadline. Doubt anything will happen tomorrow.

I think this time next week we might hear something. Interestingly now, the longer the silence from Lithuania goes on, the worse it gets for Hearts.

[Deansy]

The DR today continues its love in with all things Yam by giving 2 pages to the roaster that is Craig Levein to proclaim his support for FoH. If you ever at any time gave credence to any statement by Levein, mull over this beauty. He's talking here about season 85/86 ( my fav as it happens ) not one game.
"There were about 30,000 in Tynecastle, I hesitate to suggest even more than that because perhaps extra tickets were being printed, I don't know"!
Facts
Yams average SPL home attendance for 85/86 season was just over 16k, Fact!
Excluding us & OF, average was just over 13k, Fact!
Their highest home attendance was 25.6k against us on New Years Day, Fact!
Tosspot, End of :greengrin

Must've been some delays that season because when Scotland (not 'them') played Portugal at the PBS (FIFA U-16 World-Cup 1989) kick-off was delayed by 40 minutes to let the 29,000 crowd in - I don't recall similar happenings at any game ever there - certainly none involving them !!. It's just Potter showing his 'Maroon-Muppet' credentials by spraffing absolute Jock White about them !!


http://en.wikipedia.org/wiki/1989_FIFA_U-16_World_Championship

[lapsedhibee]

30,000 is fantasy. Iirc it was rare to have all ticket matches in those days, as 3/4 of the ground was

:I'm waiti

[Stevie Reid]

Or the Tynie In Turmoil Squad.

or Contribute Under New Tynecastle Strategy

[Hibby70]

Here we, here we, here we ****ing go!!

[green glory]

Here we, here we, here we ****ing go!!

What's happening? I've been on holiday.

[Hibby70]

I've heard that FOH have instructed bank not to proceed with drawdown of funds on 2 Sep.

[Keith_M]

A serious question for you grammar polis/peeps who'f been lucky enough to benefit from a classical education:

What part of speech is the could of your phrase could have?


Well, I left school at 16 and got a poor grade at O'Level but, here goes.


Words like 'could' and 'should' are called Modal Verbs. They are used in conjunction with another verb, e.g. 'Keekaboo could drive', where (to)drive is the main verb.

The word '(to)have' is a verb used here as a past participle when used with another verb, e.g. (to)write, would be 'Keekaboo had written a letter'.

When you add the modal verb (could), it becomes 'Keekaboo could have written a letter'.


The last part is the one a lot of people get wrong, by using 'of'. The word 'of' is not a verb, it cannot replace 'have'.



Here endeth the lesson :greengrin

[Treadstone]

Well, I left school at 16 and got a poor grade at O'Level but, here goes.


Words like 'could' and 'should' are called Modal Verbs. They are used in conjunction with another verb, e.g. 'Keekaboo could drive', where (to)drive is the main verb.

The word '(to)have' is a verb used here as a past participle when used with another verb, e.g. (to)write, would be 'Keekaboo had written a letter'.

When you add the modal verb (could), it becomes 'Keekaboo could have written a letter'.


The last part is the one a lot of people get wrong, by using 'of'. The word 'of' is not a verb, it cannot replace 'have'.



Here endeth the lesson :greengrin

Cutting and pasting that to put into facebook, texts etc. Now to educate the literary charlatans on they're, their and there.

[#FromTheCapital]

I've heard that FOH have instructed bank not to proceed with drawdown of funds on 2 Sep.

Source? :greengrin

[Sanger]

Must've been some delays that season because when Scotland (not 'them') played Portugal at the PBS (FIFA U-16 World-Cup 1989) kick-off was delayed by 40 minutes to let the 29,000 crowd in - I don't recall similar happenings at any game ever there - certainly none involving them !!. It's just Potter showing his 'Maroon-Muppet' credentials by spraffing absolute Jock White about them !!


http://en.wikipedia.org/wiki/1989_FIFA_U-16_World_Championship
I was at that game at Yamslum!

[Hibby70]

Source? :greengrin

A great big blooming horse.

[lapsedhibee]

Could is a modal verb.

http://en.wikipedia.org/wiki/English_modal_verbs

Ta, very interesting. I'm going to make a special effort to use one of the words mentioned there - "usedn't" - as often as I can in everyday speech.

I usedn't to go to Tynecastle every second week in the 'sixties, like what so many others claim to have done, there being far better fare on offer by The Eastern Road.

Thanks to all who answered!

[s.a.m]

I've heard that FOH have instructed bank not to proceed with drawdown of funds on 2 Sep.

Would that not happen anyway, because it's only a few days away, and there's been no decision yet from Lithuania?

[mowgli]

The DR today continues its love in with all things Yam by giving 2 pages to the roaster that is Craig Levein to proclaim his support for FoH. If you ever at any time gave credence to any statement by Levein, mull over this beauty. He's talking here about season 85/86 ( my fav as it happens ) not one game.
"There were about 30,000 in Tynecastle, I hesitate to suggest even more than that because perhaps extra tickets were being printed, I don't know"!
Facts
Yams average SPL home attendance for 85/86 season was just over 16k, Fact!
Excluding us & OF, average was just over 13k, Fact!
Their highest home attendance was 25.6k against us on New Years Day, Fact!
Tosspot, End of :greengrin

Highest was 29091 vs Rangers.

[#FromTheCapital]

Would that not happen anyway, because it's only a few days away, and there's been no decision yet from Lithuania?


They've always said that money would be refunded minus a small admin fee if they weren't successful with a bid. Now that they have preferred bidder status it seems strange that they would put the direct debits off yet again. I can't understand why they didn't start collecting ages ago, they would have a decent bit of cash by now if they had.

[s.a.m]

They've always said that money would be refunded minus a small admin fee if they weren't successful with a bid. Now that they have preferred bidder status it seems strange that they would put the direct debits off yet again. I can't understand why they didn't start collecting ages ago, they would have a decent bit of cash by now if they had.

Did they not say that money would only be collected if and when their bid was accepted :dunno:

[bingo70]

They've always said that money would be refunded minus a small admin fee if they weren't successful with a bid. Now that they have preferred bidder status it seems strange that they would put the direct debits off yet again. I can't understand why they didn't start collecting ages ago, they would have a decent bit of cash by now if they had.

They're scared to find out how much actually gets collected imo

[EK_Hibs]

They're scared to find out how much actually gets collected imo

Doubt that's the reason mate...
How many Direct Debits are they claiming to have at this moment anyway??

[#FromTheCapital]

Did they not say that money would only be collected if and when their bid was accepted :dunno:

I think their reason for delaying direct debits in the past was that they want to be sure that they can make a reasonable offer before taking people's money. Which is why it would be strange if they delayed again next week seeing as they're preferred bidder now. If this is true then it will be interesting to hear their reason this time.

[bingo70]

Doubt that's the reason mate...
How many Direct Debits are they claiming to have at this moment anyway??

Yeah, you're probably right, it was half tongue in cheek, shouldn't have put imo at the end, made my post look more serious than it was.

[Ozyhibby]

They're scared to find out how much actually gets collected imo

That's my opinion as well.

[Dunderhall]

The FoH pledge documents said they would start taking payments when they were confident a deal could be made, refunded less a small admin charge should it not transpire.

So IamanMP's 80% confidence in an making a deal means nothing obviously if they don't take September's money.

[Hibernia Na Eir]

is it REALLY possible to run a club through people's direct debits? Sounds ridiculous. might work short term. long term, nah! not havin that.

[Phil D. Rolls]

is it REALLY possible to run a club through people's direct debits? Sounds ridiculous. might work short term. long term, nah! not havin that.

I suppose it's how the likes of David Lloyd operates. The Yams just need to base their figures on people that won't remember the DD is there.

[Jack Hackett]

I suppose it's how the likes of David Lloyd operates. The Yams just need to base their figures on people that won't remember the DD is there.

I think they've proved beyond a shadow of a doubt that they don't have a scooby what's happening around them. Thick as mince :agree:

[Gus Fring]

The FoH pledge documents said they would start taking payments when they were confident a deal could be made, refunded less a small admin charge should it not transpire.

So IamanMP's 80% confidence in an making a deal means nothing obviously if they don't take September's money.

The next "draw down" date is scheduled for the 2nd of September so we'll know by then how confident FOH are in their bid being accepted. There's a good chance they'll cancel them again tomorrow.

[Keith_M]

is it REALLY possible to run a club through people's direct debits? Sounds ridiculous. might work short term. long term, nah! not havin that.



I thought that was the idea though, that part of the plan is only in the short term. They only planned to run the club using Direct Debits/Pledges for the remainder of THIS season.

The seasons after 2013/14 they would have the normal source of funds, such as Season Ticket money (most of this season's was used to pay last season's bills) so they wouldn't need the Direct Debits to run the club. After that, the Direct Debits would be used to pay back the loans used to actually buy the club.


I don't think anybody really believes that all pledgers will keep up the the Direct Debits for the whole three years (or whatever term it is now). Well, maybe #allisbarry does, but that's a different matter entirely :wink:

[EK_Hibs]

I'm lead to believe these Direct Debit pledges are expected to remain in place for years. I've checked and they claim to have over 7000? I'll grudgingly admit that that is a decent number but we'll see on drawdown day how many are cleared and what the actual total is.

[Gus Fring]

I thought that was the idea though, that part of the plan is only in the short term. They only planned to run the club using Direct Debits/Pledges for the remainder of THIS season.

The seasons after 2013/14 they would have the normal source of funds, such as Season Ticket money (most of this season's was used to pay last season's bills) so they wouldn't need the Direct Debits to run the club. After that, the Direct Debits would be used to pay back the loans used to actually buy the club.


I don't think anybody really believes that all pledgers will keep up the the Direct Debits for the whole three years (or whatever term it is now). Well, maybe #allisbarry does, but that's a different matter entirely :wink:

There will be a realisation of how daft an idea it is when they see the number of Direct Debits that bounce on Monday. They won't tell us of course. That number will then grow every month for various reasons. Poor performances, people unable to afford it, Christmas, people dying etc. it simply isn't sustainable. There's no scope for adding many new customers, they must be very close to saturation point as it is so it's all downhill from here.

[JeMeSouviens]

The last part is the one a lot of people get wrong, by using 'of'. The word 'of' is not a verb, it cannot replace 'have'.


It's because "could have" can be (correctly) abbreviated "could've". People hear it as "could of" and regurgitate.

[Keith_M]

I'm lead to believe these Direct Debit pledges are expected to remain in place for years. I've checked and they claim to have over 7000? I'll grudgingly admit that that is a decent number but we'll see on drawdown day how many are cleared and what the actual total is.



There's been quite a bit of discussion on here on the terms and conditions of the Direct Debits. I'd be interested to see if the pledgers have signed up to anything legally binding (I personally doubt it but maybe someone has evidence to the contrary).

Even if they are legally binding and a number of fans decided to cancel, that would be quite some bad press for FoH/The New Hearts Board if they took their own supporters to court for cancelling them.


EDIT: Maybe a Hearts fan reading this that has taken out these pledges could enlighten us. I know Mowgli, for one, was on here earlier

:dunno:

[Treadstone]

Highest was 29091 vs Rangers.

Source ?

[JeMeSouviens]

There's been quite a bit of discussion on here on the terms and conditions of the Direct Debits. I'd be interested to see if the pledgers have signed up to anything legally binding (I personally doubt it but maybe someone has evidence to the contrary).

Even if they are legally binding and a number of fans decided to cancel, that would be quite some bad press for FoH/The New Hearts Board if they took their own supporters to court for cancelling them.

There is absolutely nothing binding between Fannies and Diddies. It's purely voluntary from the Diddies and wishful thinking from the Fannies.

[Keith_M]

There is absolutely nothing binding between Fannies and Diddies. It's purely voluntary from the Diddies and wishful thinking from the Fannies.


You're baffling me with technical terms


:greengrin

[Kato]

I think their reason for delaying direct debits in the past was that they want to be sure that they can make a reasonable offer before taking people's money. Which is why it would be strange if they delayed again next week seeing as they're preferred bidder now. If this is true then it will be interesting to hear their reason this time.


They've been tub-thumping a bit this week, dragging Potter out, going on about WW1, the ever reliable and candid David Southern out backing DoH! (Damnation of Hearts!), praising Pishyheid: it all smacks a bit of the rhetoric when they were(n't) selling shares and trying to get the season-ticket-o-meter up another 3000.

Could be they're toiling to get enough for their bid, which probably isn't enough anyway and BDO have told them so, hence all their pompous crap getting aired in the press.

Funny little jambos, running about panicking.

[Dashing Bob S]

They've been tub-thumping a bit this week, dragging Potter out, going on about WW1, the ever reliable and candid David Southern out backing DoH! (Damnation of Hearts!), praising Pishyheid: it all smacks a bit of the rhetoric when they were(n't) selling shares and trying to get the season-ticket-o-meter up another 3000.

Could be they're toiling to get enough for their bid, which probably isn't enough anyway and BDO have told them so, hence all their pompous crap getting aired in the press.

Funny little jambos, running about panicking.

I believe that this is all posturing, and that they are trying to gain as much support and finances as possible, in preparation for a more serious post-liquidation reconstruction of the club.

There are too many obstacles the way of achieving a CVA, and in any case, they don't have the finances to do this, or to run a club on an ongoing basis.

I'm expecting to hear noises about how great liquidation is, and how everybody should do it, around this time next week.

[joe breezy]

I believe that this is all posturing, and that they are trying to gain as much support and finances as possible, in preparation for a more serious post-liquidation reconstruction of the club.

There are too many obstacles the way of achieving a CVA, and in any case, they don't have the finances to do this, or to run a club on an ongoing basis.

I'm expecting to hear noises about how great liquidation is, and how everybody should do it, around this time next week.


Yep, 'same club etc' - revisionist history of what they thought of Sevco

[Jack]

I believe that this is all posturing, and that they are trying to gain as much support and finances as possible, in preparation for a more serious post-liquidation reconstruction of the club.

There are too many obstacles the way of achieving a CVA, and in any case, they don't have the finances to do this, or to run a club on an ongoing basis.

I'm expecting to hear noises about how great liquidation is, and how everybody should do it, around this time next week.

Mind if they go into liquidation they will have no football club, nowhere to play, no league to play in and everything else that starts no. Apart from that your plan is perfect ;-)

[monktonharp]

This is just getting silly now. Anyone else in on this global pro-Hearts conspiracy? The CIA perhaps?

:rolleyes: wait a minute, what aboot the Hatings brothers? those ex-Scotland rugger boys? they must have leanings to that mob. were they not involved with the building of the new compex /houses opposite the Roseburn bar? or did they work in the garage selling luxury vehicles? or were they involved with the climbing centre at Ratho? anyway, they must have leanings towards our nemesis. that'll do for me. maybe they drink in the Roseburn. they look and sound as if they are part of the establishment so that'll do for me. :wink: on the other hand: they may actually have a bid in for the auld school, turning it into a rugby football education centre for boys, with the hope of acquiring nearby training facilities in the not too distant future.

[Dunderhall]

I believe that this is all posturing, and that they are trying to gain as much support and finances as possible, in preparation for a more serious post-liquidation reconstruction of the club.

There are too many obstacles the way of achieving a CVA, and in any case, they don't have the finances to do this, or to run a club on an ongoing basis.

I'm expecting to hear noises about how great liquidation is, and how everybody should do it, around this time next week.
I'm beginning to think that might be the reason behind not taking any money over the last few months which could have given them around £500K as capital, which a decent % on their CVA amount if you believe the numbers quoted.

The FoH membership documents are all draft and being continually updated.
If they took money from the DD diddies I don't think they could then use it for something entirely different, hence the need to refund regardless.
Might be 2+2=5 but if they cancel the Sep DDs then it is a sign they aren't confident of exiting admin.

[robinp]

I suppose it's how the likes of David Lloyd operates. The Yams just need to base their figures on people that won't remember the DD is there.

No the likes of David Lloyd, mobile phone companies etc sign you to a fixed contract of payments, enforceable in a court of law should you not pay.

What Hawrts have is the same as those monthly donations people sign up to on Princess Street when harassed by the red cross employed student losers, which you can cancel at any time.

All 7,000 (so they say) pledgers could make 1 payment then cancel without any repercussions to them, personally, financially or otherwise.

It's a question that SOS HOMFC really should answer; what would happen if pledges stopped short of repaying those capitalising the proposed purchase, should the club be saved....

[Hal Jordan]

It's because "could have" can be (correctly) abbreviated "could've". People hear it as "could of" and regurgitate.

Isn't it a contraction, as opposed to an abbreviation?

[Dashing Bob S]

Mind if they go into liquidation they will have no football club, nowhere to play, no league to play in and everything else that starts no. Apart from that your plan is perfect ;-)

Not my plan -thank goodness- delighted it's theirs.

[Mellow Hibee]

No the likes of David Lloyd, mobile phone companies etc sign you to a fixed contract of payments, enforceable in a court of law should you not pay.

What Hawrts have is the same as those monthly donations people sign up to on Princess Street when harassed by the red cross employed student losers, which you can cancel at any time.

All 7,000 (so they say) pledgers could make 1 payment then cancel without any repercussions to them, personally, financially or otherwise.

It's a question that SOS HOMFC really should answer; what would happen if pledges stopped short of repaying those capitalising the proposed purchase, should the club be saved....

They hope that you forget to cancel after the fixed period runs out, hence why for example I'm still paying £15 a month to Credit Expert even though I just signed up for a free month to check my credit score last November.

It will work to an extent, and whoever the mysterious backer(s) is/are will have taken it into account but I'd imagine they've been quite pesimistic about the level that will continue to pay. I'd imagine they factor around 50%, so if the average donation is say £15 then they would at this point assume that they may get £52,500 per month in donations long term. I'm not sure how much of this will be required to run the club and how much will be to repay capital and interest but if it was split 50/50 running costs and repayments then it would take about 16 years to repay a loan of £5m. Within 16 years however I would think that tynecatle will be falling down, that's the real reason I wouldn't think sensible people would touch it with a barge pole.

[Andy74]

is it REALLY possible to run a club through people's direct debits? Sounds ridiculous. might work short term. long term, nah! not havin that.

They will still have the usual income from season tickets, sponsorship, merchandise etc. so it's a way of getting additional income. In this case though it will likely be used to pay back loans which would be provided for buying the club. At least for the short to medium term.

[Kato]

touch it with a barge pole.

it would fall down

[Mr White]

wait a minute, what aboot the Hatings brothers? those ex-Scotland rugger boys? they must have leanings to that mob. were they not involved with the building of the new compex /houses opposite the Roseburn bar? or did they work in the garage selling luxury vehicles? or were they involved with the climbing centre at Ratho? anyway, they must have leanings towards our nemesis. that'll do for me. maybe they drink in the Roseburn. they look and sound as if they are part of the establishment so that'll do for me. :wink: on the other hand: they may actually have a bid in for the auld school, turning it into a rugby football education centre for boys, with the hope of acquiring nearby training facilities in the not too distant future.
Gavin is a jambo, Scott Hastings is a hibs fan, or so I've heard.

[Bostonhibby]

Gavin is a jambo, Scott Hastings is a hibs fan, or so I've heard.

An egg chasing friend who is part of the egg chasing establishment confirms he is indeed a jambo, but like many not to the extent that he doesn't know a basket case when he sees one, unlikely to be putting any serious money or reputation into backing this one it seems. They should focus on their big hitters like Levein and Independent Ian. Hitters with a silent S. Tick tock.

[brog]

Highest was 29091 vs Rangers.

I took my data from the excellent London Hearts website, either it's wrong or you are. Either way its a long way short of 30,000 average which is what Levein was suggesting.

[brog]

Highest was 29091 vs Rangers.

I rechecked London Yams site, attendances vs Oldco were 23.1k & 24.7k in league with an all time high of 27.4k for the cup game that season. A long way from 30k & extra, forged tickets being printed. To put it into perspective, Yams first 3 home games, excluding us & OF averaged 8k & they also had a 4.6k home league cup crowd at that time. Big team though!@

[Phil D. Rolls]

They will still have the usual income from season tickets, sponsorship, merchandise etc. so it's a way of getting additional income. In this case though it will likely be used to pay back loans which would be provided for buying the club. At least for the short to medium term.

Thought the season ticket money had disappeared?

[Hibby Kay-Yay]

The main difference between FANCO and the comparisons to David Lloyd, Experian, Lovefilm etc is that you actually get something for your money with the latter.

You don't get squat with FANCO "donations", nothing, nada. I can't see it working beyond 6 months (if it even gets past the successful bid stage in the first place)

[hibs0666]

I rechecked London Yams site, attendances vs Oldco were 23.1k & 24.7k in league with an all time high of 27.4k for the cup game that season. A long way from 30k & extra, forged tickets being printed. To put it into perspective, Yams first 3 home games, excluding us & OF averaged 8k & they also had a 4.6k home league cup crowd at that time. Big team though!@

Candy from a baby. :wink:

[Treadstone]

I took my data from the excellent London Hearts website, either it's wrong or you are. Either way its a long way short of 30,000 average which is what Levein was suggesting.

I checked as well Brog using LH. All the things you say in your original post were correct. Even a Scottish cup game against der hun didn't get Mowglis optimistic 29k and remember there was a TV blackout that season that lasted until Feb/Mar (?). Yams must have been more than 20 games into their unbeaten run when they got a measly 12k for a game against Motherwell in March. To be fair though it was a Saturday and BBC 2 would probably have been running a Doris Day flick against it.

[Dunderhall]

Trevor Birch quoted at the shareholder dinner as early season ticket sales may be a way to address cash needs from February.
Sounds like a stable financial footing to me.:wink:

[gorgie greens]

Mind if they go into liquidation they will have no football club, nowhere to play, no league to play in and everything else that starts no. Apart from that your plan is perfect ;-)

sounds good to me :greengrin

[Barney McGrew]

Highest was 29091 vs Rangers.

You might want to let the London Hearts guys know then, they have a different figure from you :cb

edit - brog beat me to it. Great minds and that :wink:

[Onion]

The main difference between FANCO and the comparisons to David Lloyd, Experian, Lovefilm etc is that you actually get something for your money with the latter.

You don't get squat with FANCO "donations", nothing, nada. I can't see it working beyond 6 months (if it even gets past the successful bid stage in the first place)

The Yams will know that this DD scheme is not a sustainable plan. The aim will be to survive Administration, get the Liths off their backs and then market the club to some Hearts minded business people who will see the club as a much better proposition once the debts are cleared. No idea where this leaves the yam fans who paid their DDs. As far as I know, they get no equity in the club and it's effectively dead money. How they got 7000 to buy into that is amazing. Could end up the biggest scam since ... well .... their last share issue.

The alternative was to just let the club die and start again. Me thinks many yams who have shelled out cash will realise this would have been the better route.

[brog]

I checked as well Brog using LH. All the things you say in your original post were correct. Even a Scottish cup game against der hun didn't get Mowglis optimistic 29k and remember there was a TV blackout that season that lasted until Feb/Mar (?). Yams must have been more than 20 games into their unbeaten run when they got a measly 12k for a game against Motherwell in March. To be fair though it was a Saturday and BBC 2 would probably have been running a Doris Day flick against it.

If it was Pillow Talk with Rock then that makes sense! :greengrin

[Disc O'Dave]

The Yams will know that this DD scheme is not a sustainable plan. The aim will be to survive Administration, get the Liths off their backs and then market the club to some Hearts minded business people who will see the club as a much better proposition once the debts are cleared. No idea where this leaves the yam fans who paid their DDs. As far as I know, they get no equity in the club and it's effectively dead money. How they got 7000 to buy into that is amazing. Could end up the biggest scam since ... well .... their last share issue.

The alternative was to just let the club die and start again. Me thinks many yams who have shelled out cash will realise this would have been the better route.


Tried to have a sensible discussion with a Yam at work re: the last share issue and his lost cash (several hundred pounds worth)...seems he's happy enough to have lost it, thinks it was "worthwhile", and would do the same again (well in fact has...with FOH).

Some of them deserve to be ripped off, quite frankly.

[LongshanksED]

Tried to have a sensible discussion with a Yam at work re: the last share issue and his lost cash (several hundred pounds worth)...seems he's happy enough to have lost it, thinks it was "worthwhile", and would do the same again (well in fact has...with FOH).

Some of them deserve to be ripped off, quite frankly.

"A Yam and his cash are easily parted"

[Bad Martini]

Tried to have a sensible discussion with a Yam


Let me stop you there. Isn't this an oxymoron??? :D

[Keith_M]

Thought the season ticket money had disappeared?

For this season, yes, but they would have ST cash for next season as normal (which is what Andy was talking about). The idea is to run the club this season and possibly during the summer with the pledges and then use those to repay the loans for buying the club after that.

[Disc O'Dave]

Let me stop you there. Isn't this an oxymoron??? :D

Yup, I can see where I went wrong there...... :wink:

[lord bunberry]

The main difference between FANCO and the comparisons to David Lloyd, Experian, Lovefilm etc is that you actually get something for your money with the latter.

You don't get squat with FANCO "donations", nothing, nada. I can't see it working beyond 6 months (if it even gets past the successful bid stage in the first place)

I've been told that all fannies who donate for a full year will receive a limited edition embroidered donald ford cardigan, if they pledge more than £50 per month they can pish on Gary Locke without an appointment.

[Northernhibee]

Tried to have a sensible discussion with a Yam at work re: the last share issue and his lost cash (several hundred pounds worth)...seems he's happy enough to have lost it, thinks it was "worthwhile", and would do the same again (well in fact has...with FOH).

Some of them deserve to be ripped off, quite frankly.

Have the share certificates been sent out yet?

[Spike Mandela]

Trevor Birch quoted at the shareholder dinner as early season ticket sales may be a way to address cash needs from February.
Sounds like a stable financial footing to me.:wink:

With a bit of luck they will be charging them top SPFL Premiership season ticket prices for a Championship season ticket.:greengrin

[hibees 7062]

Tried to have a sensible discussion with a Yam at work re: the last share issue and his lost cash (several hundred pounds worth)...seems he's happy enough to have lost it, thinks it was "worthwhile", and would do the same again (well in fact has...with FOH).

Some of them deserve to be ripped off, quite frankly.

Bet you wont try that again :greengrin

[Treadstone]

Have the share certificates been sent out yet?

1. Mid March
2. After the AGM
3. Never

[EK_Hibs]

Some suggestions from a Yam at last night's Shareholders dinner that BDO have agreed a cap on their fees with Ukio?

Can they do that? Correct me if I'm way wrong here but that sounds to me like a complete load of p1sh surely?

[Ozyhibby]

Some suggestions from a Yam at last night's Shareholders dinner that BDO have agreed a cap on their fees with Ukio?

Can they do that? Correct me if I'm way wrong here but that sounds to me like a complete load of p1sh surely?

Not sure that's a good thing for Hearts.

[Kato]

Some suggestions from a Yam at last night's Shareholders dinner that BDO have agreed a cap on their fees with Ukio?

Can they do that? Correct me if I'm way wrong here but that sounds to me like a complete load of p1sh surely?

Should be all wrapped up pronto then - bub-bye jamboroids!!

[robinp]

Some suggestions from a Yam at last night's Shareholders dinner that BDO have agreed a cap on their fees with Ukio?

Can they do that? Correct me if I'm way wrong here but that sounds to me like a complete load of p1sh surely?

Yes they can and it's totally fine, most bank appointed insolvencies are done on a fixed fee basis, quite often they will decide on who will do the job based on who has the lowest fixed fee quote.

[EK_Hibs]

Yes they can and it's totally fine, most bank appointed insolvencies are done on a fixed fee basis, quite often they will decide on who will do the job based on who has the lowest fixed fee quote.

Be really interested to know what BDO's capped fee would be?
Surely in the £500k ball park I would have thought.

[robinp]

Be really interested to know what BDO's capped fee would be?
Surely in the £500k ball park I would have thought.

It will really depend on the deal they struck with the Lithuanians, it could be time in line fees capped to £500k, it could be time in line capped to £500k + x% of sales price (if CVA agreed and completed) or + x% of realisations (if a liquidation sale occurs).

[Treadstone]

Yes they can and it's totally fine, most bank appointed insolvencies are done on a fixed fee basis, quite often they will decide on who will do the job based on who has the lowest fixed fee quote.

Crops will be raging. Expect a strongly worded email to the FSA. How dare they !

Pah. :faf:

[bingo70]

Not sure that's a good thing for Hearts.

Why not?

[God Petrie]

Why not?

If their fee is fixed, they will want to end their role in the death of Hearts as soon as possible and are therefore more likely to act towards the quickest resolution i.e liquidation.

[Keith_M]

If their fee is fixed, they will want to end their role in the death of Hearts as soon as possible and are therefore more likely to act towards the quickest resolution i.e liquidation.


Perhaps, but that's not their decision to make. They can only act when The Lithuanian Admins give their say so. BDO do not make the major decisions in this instance.

[brog]

If their fee is fixed, they will want to end their role in the death of Hearts as soon as possible and are therefore more likely to act towards the quickest resolution i.e liquidation.

That's certainly true but from the other perspective it could mean Liths are moving towards accepting a lower fee & don't want a huge chunk of that to go to BDO. I hope that's not the case & TBH, I suspect there's a 3rd scenario, ie that this admin could go on forever & so BDO/UKIO recognise there has to be a line in the sand fee wise. If BDO continued to bill at same rate as for 1st month to July 19, ie about £6.4k a day they would hit £500k mark in next week or so. That's not sustainable though I suspect activity may well have diminished, at least on part of high charge-out personnel..
Just another day at the PBS circus!

[CropleyWasGod]

Crops will be raging. Expect a strongly worded email to the FSA. How dare they !

Pah. :faf:

Why?

(the FSA doesn't exist any more, by the way)

[Treadstone]

Why?

(the FSA doesn't exist any more, by the way)

Remembered a previous jocular post from you about charging. Even put the :faf: to make clear my intent.

Wish I hadn't bothered.

[CropleyWasGod]

Remembered a previous jocular post from you about charging. Even put the :faf: to make clear my intent.

Wish I hadn't bothered.

Sorry, sense of humour bypass this afternoon. It's been a tough week :cb

[Moulin Yarns]

IamanMP has sent out the following 'warning' to the "Greatest Supporter Movement"




Dear Supporter,



On Monday the start of a process to begin the greatest supporter movement in Scottish football history gets underway with the first UK direct debits drawdown by the Foundation of Hearts.


We have 7,400 supporters signed up, but when the management team of Jambos Kickback told us we could write to the entire 20,000 strong membership it was too good an opportunity not to take!


So, if you have signed up I simply say, ‘thank you’. Because of you this adventure begins.


Of course it is because of you, the amazing Hearts support, that the club survives today.


The Foundation of Hearts is seeking to secure a future which we can all be proud of, every bit as amazing as our past.


For that reason, if you have not already done so, I would urge that, if you can, you do sign up to make a monthly contribution via direct debit to the Foundation.


The Foundation backed bid sees Edinburgh business provide the up-front capital, through BIDCO, and then enter a binding contract with FANCO to sell the club, at no personal gain, in a controlled manner.


It really is a win-win situation, as I’ve said, because we are able to secure the future of club we love, and play a meaningful part in its future.


CLICK HERE TO CREATE HISTORY http://www.foundationofhearts.org/now-is-the-time-to-make-history/ (https://owa.pkc.gov.uk/exchweb/bin/redir.asp?URL=http://www.foundationofhearts.org/now-is-the-time-to-make-history/) (http://www.foundationofhearts.org/now-is-the-time-to-make-history/ (https://owa.pkc.gov.uk/exchweb/bin/redir.asp?URL=http://www.foundationofhearts.org/now-is-the-time-to-make-history/))

Thank you.



Yours in Hearts,

Ian Murray
Chairman, Foundation of Hearts


PS – we know many of you are outside the UK, so there is a PayPal facility available on the above link!

[Jack]

IamanMP has sent out the following 'warning' to the "Greatest Supporter Movement"




Dear Supporter,



On Monday the start of a process to begin the greatest supporter movement in Scottish football history gets underway with the first UK direct debits drawdown by the Foundation of Hearts.


We have 7,400 supporters signed up, but when the management team of Jambos Kickback told us we could write to the entire 20,000 strong membership it was too good an opportunity not to take!


So, if you have signed up I simply say, ‘thank you’. Because of you this adventure begins.


Of course it is because of you, the amazing Hearts support, that the club survives today.


The Foundation of Hearts is seeking to secure a future which we can all be proud of, every bit as amazing as our past.


For that reason, if you have not already done so, I would urge that, if you can, you do sign up to make a monthly contribution via direct debit to the Foundation.


The Foundation backed bid sees Edinburgh business provide the up-front capital, through BIDCO, and then enter a binding contract with FANCO to sell the club, at no personal gain, in a controlled manner.


It really is a win-win situation, as I’ve said, because we are able to secure the future of club we love, and play a meaningful part in its future.


CLICK HERE TO CREATE HISTORY http://www.foundationofhearts.org/now-is-the-time-to-make-history/ (https://owa.pkc.gov.uk/exchweb/bin/redir.asp?URL=http://www.foundationofhearts.org/now-is-the-time-to-make-history/) (http://www.foundationofhearts.org/now-is-the-time-to-make-history/ (https://owa.pkc.gov.uk/exchweb/bin/redir.asp?URL=http://www.foundationofhearts.org/now-is-the-time-to-make-history/))

Thank you.



Yours in Hearts,

Ian Murray
Chairman, Foundation of Hearts


PS – we know many of you are outside the UK, so there is a PayPal facility available on the above link!

I'm sure for the mini follow followers of throwback all this will be new to them that someone is trying to get more money from them.

[#FromTheCapital]

Obviously a load of pish about them postponing direct debits again then.

[The Falcon]

It really is a win-win situation, as I’ve said, because we are able to secure the future of club we love, and play a meaningful part in its future.


Very clear and unambiguous statement there. Worded as if this is now an absolute certainty.

[greenginger]

Just checked my e-mails and I got Murray's letter about 20,000 Kickback members.

I ain't been on their sick site since the beginning of the year and certainly never knowingly became a member. They must have used the E-mail addresses of anyone who has ever logged on to their site.

Out of interest, using that criteria, how many members does Hibs.net have ?

[s.a.m]

Just checked my e-mails and I got Murray's letter about 20,000 Kickback members.

I ain't been on their sick site since the beginning of the year and certainly never knowingly became a member. They must have used the E-mail addresses of anyone who has ever logged on to their site.

Out of interest, using that criteria, how many members does Hibs.net have ?

Same here. I've only ever looked over the road a couple of times and certainly never joined up, but I keep getting these begging letters.

[Gus Fring]

Obviously a load of pish about them postponing direct debits again then.

I'm glad this is happening. FOH aren't any more likely to take over Hearts than they were a month ago so now when they get liquidated FOH will have to refund every single direct debit minus a "Processing fee" meaning the Fannies will be throwing even more money down the drain.

[Jack Hackett]

Just checked my e-mails and I got Murray's letter about 20,000 Kickback members.

I ain't been on their sick site since the beginning of the year and certainly never knowingly became a member. They must have used the E-mail addresses of anyone who has ever logged on to their site.

Out of interest, using that criteria, how many members does Hibs.net have ?


Same here. I've only ever looked over the road a couple of times and certainly never joined up, but I keep getting these begging letters.

Might be worth an email back to the smarmy git asking where he got your details from, as you have never knowingly given your address to sickback. At the very least, they are invading your privacy by accessing your personal details on your computer without your permission

[EK_Hibs]

I'm glad this is happening. FOH aren't any more likely to take over Hearts than they were a month ago so now when they get liquidated FOH will have to refund every single direct debit minus a "Processing fee" meaning the Fannies will be throwing even more money down the drain.

I admire your confidence about liquidation still being the most likely outcome here but I just don't see it anymore. The jammy so and so's are probably going to come out of this smelling of roses.

[#FromTheCapital]

I'm glad this is happening. FOH aren't any more likely to take over Hearts than they were a month ago so now when they get liquidated FOH will have to refund every single direct debit minus a "Processing fee" meaning the Fannies will be throwing even more money down the drain.

I hope you're right mate. They must be confident of a half decent bid being made though. Obviously there are more obstacles to overcome but the most important thing for them is getting enough money together. If they had postponed again it would have been a good sign that they don't have a chance.

[grunt]

Might be worth an email back to the smarmy git asking where he got your details from, as you have never knowingly given your address to sickback.

I'm guessing the poster has registered at kickback. The note was sent as a PM to all registered users on kickback, and I expect he has received an email telling him he's got a PM. Nothing wrong with that.

[Spike Mandela]

I admire your confidence about liquidation still being the most likely outcome here but I just don't see it anymore. The jammy so and so's are probably going to come out of this smelling of roses.

I know where you are coming from but you have to ignore FoH press releases, the Scottish media and BDO press conferences. All that matters is what the Lithuanian administrators are saying which rarely gets reported, if ever, over here.

[grunt]

Same here. I've only ever looked over the road a couple of times and certainly never joined up, but I keep getting these begging letters.

That would be interesting, if you've received an email and you haven't signed up on their site.

[Sanger]

I know where you are coming from but you have to ignore FoH press releases, the Scottish media and BDO press conferences. All that matters is what the Lithuanian administrators are saying which rarely gets reported, if ever, over here.
Yes feel we'll get news next week from the Liths. Simple fact is that whatever FOH can actually put on table now rather what they claim they can put on the table is wll short of even the most conservative valuation of Tynie. Remember the government is creating a price bubble for house thanks to their underwriting mortgage scheme.

[IndieHibby]

It's getting to the point where the Scotsman (£1.20!!!) is going to have to fold or go online only. On a financial basis, there's no reason to continue. When I left (2004) it was still doing just under 90,000 copies daily. I've not been in the building for a couple of years but I know a couple of 'high ups' in addition to the 'rank and file' who tell me that the atmosphere in the place is poisonous with back-biting and internal politics at an all-time high.

Most of the poison and manoeuvring is coming from those who remain in the building who are (certainly in journalism), unemployable elsewhere. When I was there the place was stacked with people who came in, surfed the net, filed a 500-word story and went home. There's still a few of them left.

FWIW, I think the Evening News is still a decent paper. It needs to be.

If thats the case then I'm glad I got out when I did (2003)! Even then I could see the writing on the wall (no pun intended!).

The pressure on the sales staff must be unbearable... That's if they can keep hold of the staff long enough?!

[Gus Fring]

I admire your confidence about liquidation still being the most likely outcome here but I just don't see it anymore. The jammy so and so's are probably going to come out of this smelling of roses.

See, that's the only evidence anyone ever has "They always seem to get away with it" etc. Far too much needs to go in their favour for them to survive this, mostly, but not limited to, UKIO's Lithuanian administrator shafting the Lith tax payer by letting Hearts be sold for less than they would get from liquidation and if that happens they then need to convince the Lithuanian authorities to unfreeze UBIG's assets and potentially jeopardise the investigation into Vlad's dodgy dealings.

Let me put it another way. Bugger all has happened for about a month. If a sale was going ahead the wheels would be in motion by now. As it stands however there are only 2 differences between now and 6 weeks ago. The FOH have been named the preferred bidder, which is only because they are the only bidder. And UKIO's lith admin have said that bid probably isn't good enough.

Not having a go at you mate, just pointing out that nobody has made a convincing case for how Hearts will survive. The only way Hearts fans do it is by glossing over the frozen assets like they have been doing since March. It was only 3 months ago they were telling us they would be sold without a need for Admin.


I hope you're right mate. They must be confident of a half decent bid being made though. Obviously there are more obstacles to overcome but the most important thing for them is getting enough money together. If they had postponed again it would have been a good sign that they don't have a chance.

The money from Direct Debits should not be used for the bid itself. It's only supposed to be for the running of the club once they have control. The money has been gathered and the bid has already been made and subsequently increased once already. This Direct Debit drawdown will make no difference to that.

[Jack Hackett]

I'm guessing the poster has registered at kickback. The note was sent as a PM to all registered users on kickback, and I expect he has received an email telling him he's got a PM. Nothing wrong with that.

Both posters clearly state that they've never registered....maybe they registered interest on FoH when it started up, as many hibbies on the wind up did, using their real email addys. If not, something smells and i can see a Data Protection Act violation somewhere along the line

[EK_Hibs]

if that happens they then need to convince the Lithuanian authorities to unfreeze UBIG's assets and potentially jeopardise the investigation into Vlad's dodgy dealings.

UBIG's shares are unsecured though? Are they not?

[Hank Schrader]

See, that's the only evidence anyone ever has "They always seem to get away with it" etc. Far too much needs to go in their favour for them to survive this, mostly, but not limited to, UKIO's Lithuanian administrator shafting the Lith tax payer by letting Hearts be sold for less than they would get from liquidation and if that happens they then need to convince the Lithuanian authorities to unfreeze UBIG's assets and potentially jeopardise the investigation into Vlad's dodgy dealings.

Let me put it another way. Bugger all has happened for about a month. If a sale was going ahead the wheels would be in motion by now. As it stands however there are only 2 differences between now and 6 weeks ago. The FOH have been named the preferred bidder, which is only because they are the only bidder. And UKIO's lith admin have said that bid probably isn't good enough.

Not having a go at you mate, just pointing out that nobody has made a convincing case for how Hearts will survive. The only way Hearts fans do it is by glossing over the frozen assets like they have been doing since March. It was only 3 months ago they were telling us they would be sold without a need for Admin.

:agree: Especially with the bit in bold.

Anyone on here who has stated that Hearts will survive/not go into administration/its all wishful thinking has based their opinion purely on hunch with no actual evidence. One poster in particular who shall go nameless (but most will know who I am referring to) has from the early days of unpaid wages stated that Hearts will never go bust. All of this based on nothing but wind and p*sh.

This attitude that Hearts will get away with it because they are jammy does my head in. They are still highly unlikely to come out of this unscathed.

[Gus Fring]

UBIG's shares are unsecured though? Are they not?

The liths have frozen the assets to stop them from being sold off to anyone. This is because of the likelihood of illegal activities occurring within vlads many companies. It's the financial equivalent of declaring somewhere a crime scene IE nobody touch or move anything until we've had a chance to check it's all legit.

[EK_Hibs]

The liths have frozen the assets to stop them from being sold off to anyone. This is because of the likelihood of illegal activities occurring within vlads many companies. It's the financial equivalent of declaring somewhere a crime scene IE nobody touch or move anything until we've had a chance to check it's all legit.

Any idea how or if UBIG falling into administration/liquidation would affect the frozen assets?

[Gus Fring]

Any idea how or if UBIG falling into administration/liquidation would affect the frozen assets?

AFAIK they'll stay frozen until the lith's have finished their investigations and then be dealt with afterwards. It's many millions Vlad is alleged to have swindled which is why he's still on the run. It's a very serious matter over their and is one of great public interest apparently. He's the lithuanian equivalent of Bernard Madoff