Share Transfers Agreed/Cooling off period

[Crossgates Hibs]

Just been reading kickback and this is the post that stood out from all the white noise:

I may be in the minority here,the pub i drink in down Granton, hibs fans out number us by at least 10.1,but most of the guys go to hibs games and they say they would never want hearts to get relagated never mind going bust, as they like the banter and drinking in the Roseburn or Murrayfield hotel before heading to Tynie,in fact after the 5.1 game they all waited on our bus coming back and bought us drink all night


I'm not sure about sharing the sentiments about them getting relegated or going bust but this is a fairly accurate example of the way that fans behave towards each other in my experience. I used to drink in "mixed" pubs and it was the same type of stuff...handshakes and drinks for the winners even though you were pissed off.

As far as all this internet stuff goes, I miss the rivals.net days. You had Hibs.net, Jambos.net and a facility that let you easily see the other board and post on it if you want. There was banter but an element of respect at the same time and I actually found the vast majority of hearts fans were good guys who were just unfortunate enough to be born into the wrong way of thinking. The boards were a laugh and there was none of this "Sergey said this" or "Shaun said that" stuff because you were easily reachable and you could be challenged. It was similar to real life in that way. Nowadays, any muppet with a phone can create a persona and post hatred because its the easiest thing in the world to become an internet character. I'm not talking about anyone specifically on here when I say that, it's just a general observation.:aok:


i know a few decent yams that don't give it the 5-1 pish and are decent guys whom Hearts are just their team none of which go regular I must add. My line to them is I don't want you to die just suffer for many years for your cheating. The baw bags from sick back well I hope your ****my club is scrabbling in the lower leagues homeless for many many years. I actually respect the average yam more than any Old firm fan at least they support their local team and not following the masses. However since Mercer and Vlad they really have been beyond the pale and need a big reality check which they will hopefully get and learn some humility though I won't hold my breath.

[greenginger]

I see from Heart's Companies House web-page, their annual return is now overdue.


Do BDO have to submit one ?

Interesting to see if they still name the Directors and what they say about the Share Issue that never was.

[dangermouse]

I'm not sure if it will result in extra effort from the players but it's a good move nonetheless. I certainly don't see the problem with it (OK, apart from the obvious begging bowl stuff) and I would certainly fork out if Hibs were in this position and I had the money. The fans are the club and if that's what it takes to get them on the bus or staying in a hotel then there should be no negativity attached to it.

If they had got anything from the last two games it would have been a bonus but this game might even be considered a key one as far as avoiding relegation goes. This is a relegation rival and if they can get anything here then it won't only be points they will be gaining, it will be a hammer-blow to County's morale. A County win however, might knock the stuffing out of hearts and it's vital for a club to get the best preparation before such an important game.

Young teams are volatile and this hearts one is playing every game like it's the last time they will be together...because it might be. It's working to an extent because the fans are getting right behind the team in numbers and voice simply because they have to. Negativity on a Saturday in any way is not an option. I'll stop short of congratulating them but if they pull survival off it would be childish to not acknowledge the magnitude of the achievement given their resources and handicap this season.

Don't get me wrong, I've never wanted County to win a game so much in my life and I hope Ivan winds them up something rotten resulting in red cards for them...before he scores the winner.:greengrin

I wonder if any of the players chipped in to help out with this? They must be earning more than the average fan.

[CropleyWasGod]

I see from Heart's Companies House web-page, their annual return is now overdue.


Do BDO have to submit one ?

Interesting to see if they still name the Directors and what they say about the Share Issue that never was.

Legally, it's not BDO's responsibility, it's down to the Directors. In practice, though, yes they should.

[Caversham Green]

This post is 100% correct so I have quoted it again for the hard of thinking. Bumping charities is the lowest of the low, bumping the charity that your club has recently associated itself with in a crass attempt at remembrance ownership and belittling of sacrifice is absolutely breathtaking.

Am I right in thinking that David Southern is chairman or something of Big Hearts? If so, allowing his employer to run up a debt of £34k to the charity he helps to run while knowing it won't be paid looks like rather worse than just low behaviour.

[greenginger]

Am I right in thinking that David Southern is chairman or something of Big Hearts? If so, allowing his employer to run up a debt of £34k to the charity he helps to run while knowing it won't be paid looks like rather worse than just low behaviour.


Correct, Chief Executive of the obviously insolvent Hearts and Chairman of the Big Hearts Trust.

Not a question asked by the Scotsman or EEN or a word from the other trustees.

[GloryGlory]

Correct, Chief Executive of the obviously insolvent Hearts and Chairman of the Big Hearts Trust.

Not a question asked by the Scotsman or EEN or a word from the other trustees.

There is the Office of the Scottish Charities Regulator, who should be taking note. Poor governance and management by the charity, I would think.

[SmashinGlass]

Legally, it's not BDO's responsibility, it's down to the Directors. In practice, though, yes they should.

Admins won't ever submit an annual return as it is the directors' responsibility as you quite rightly say. In the even a CVA is agreed, it should be one of the first things the new incumbents do. However, we all know that ain't gonna happen either way.

[CropleyWasGod]

Admins won't ever submit an annual return as it is the directors' responsibility as you quite rightly say. In the even a CVA is agreed, it should be one of the first things the new incumbents do. However, we all know that ain't gonna happen either way.

Even though that adds more expense to the company in the way of fines?

[Hank Schrader]

Even though that adds more expense to the company in the way of fines?

I've yet to see fines dished out for late annual returns. Usually Companies House threaten to strike the company off a couple of times. If no response is received then eventually they proceed to the dissolution of the company whilst threatening the directors with court action.

I haven't dealt with annual returns for PLCs so perhaps that's different and fines are incurred?

[CropleyWasGod]

I've yet to see fines dished out for late annual returns. Usually Companies House threaten to strike the company off a couple of times. If no response is received then eventually they proceed to the dissolution of the company whilst threatening the directors with court action.

I haven't dealt with annual returns for PLCs so perhaps that's different and fines are incurred?

You're right. It's late accounts I'm thinking about.

[Thecat23]

Whatever happens from here on in, Hearts have had their dirty washing hung out for all to view and its not pretty. Everyone has now seen exactly what a lying, cheating horrible club they actually are. So for me that will not be forgotten in a hurry.

[Pedantic_Hibee]

Whatever happens from here on in, Hearts have had their dirty washing hung out for all to view and its not pretty. Everyone has now seen exactly what a lying, cheating horrible club they actually are. So for me that will not be forgotten in a hurry.

I'll never forget. Ever. And I'll remind them at every opportunity. For all their protestations, just remember they would be arguably worse if the shoe was on the other foot.

[Thecat23]

I'll never forget. Ever. And I'll remind them at every opportunity. For all their protestations, just remember they would be arguably worse if the shoe was on the other foot.

Better believe they would be. They are the most deluded bunch of clowns i've ever came across.

[PatHead]

There is the Office of the Scottish Charities Regulator, who should be taking note. Poor governance and management by the charity, I would think.

I emailed them and basically they don't think anything is amiss. Their reply; Thank you for your email of 31 July 2013. I can confirm that
following media reports regarding the relationship between Big Hearts Community Trust SC037311)and Heart of Midlothian plc we have recently concluded an inquiry into the charity. We did not identify any regulatory concerns during this inquiry. We note the amount due to Big Hearts Community Trust from Heart of Midlothian plc, but the existence of a debt due to a charity from a company in administration is not a regulatory matter. If you wish any further information on this you should contact the charity. I didn't bother contacting the charity.

[clerriehibs]

Whatever happens from here on in, Hearts have had their dirty washing hung out for all to view and its not pretty. Everyone has now seen exactly what a lying, cheating horrible club they actually are. So for me that will not be forgotten in a hurry.

I think it's only us that are paying attention.

homfc seem to be the media's darlings now. Not one media outlet pays any attention to their lying, cheating, thieving ways.

[Craig_in_Prague]

I think it's only us that are paying attention.

homfc seem to be the media's darlings now. Not one media outlet pays any attention to their lying, cheating, thieving ways.

Yup.
If you were not a reader of hibs.net, you wouldn't actually see much dirty on them at all !

my mums partner was over with her in the summer, he aint a big football fan but was brought up in Gorgie so obviously is a bit of a jambo. I tried to discuss the mess they are in... and his 1st response was "that's nonsense, there was an article in the scotsman this morning".... and really, the conversation ended quite quickly.

They are maybe in for a huge bang, when the carpet is pulled beneath them. (ironic I mentioned that, he is a carpet cleaner... anyways.... lol)

[Pedantic_Hibee]

Better believe they would be. They are the most deluded bunch of clowns i've ever came across.

So deluded they think that we are deluded.

They've almost become a parody of themselves.

[Aldo]

The scary thing is the majority if Yams I know don't think Mad Vlad has done anything wrong but you've got to remember 1-5 1902 blah blah blah.

I mentioned relegation and got told don't be daft why would the SPFL want the current 2nd biggest team in Scotland relegated.

I just laughed to be told we would be the next club to go under as we are living well about our means and losing nearly half a million a month.

I asked where that came from and he said a contact within the club and is defo ITK.

Deluded as ever and will always be in denial.

[Springbank]

The scary thing is the majority if Yams I know don't think Mad Vlad has done anything wrong but you've got to remember 1-5 1902 blah blah blah.

I mentioned relegation and got told don't be daft why would the SPFL want the current 2nd biggest team in Scotland relegated.

I just laughed to be told we would be the next club to go under as we are living well about our means and losing nearly half a million a month.

I asked where that came from and he said a contact within the club and is defo ITK.

Deluded as ever and will always be in denial.

To be fair to the jambos I think the last time they posted anything meaningful through their accounts was pre-Mercer (perhaps 1979)

So the poor wee lambs wouldn't think to look at Hibernian FC's accounts for their information - financial info to a Yam can only come from one of three sources, Vlad, Southern or a nameless ITK

Wee insolvent cakebaking poppy-stealing lambs that they are

[Hibby70]

C'mon the reaper!

[MB62]

To be fair to the jambos I think the last time they posted anything meaningful through their accounts was pre-Mercer (perhaps 1979)

So the poor wee lambs wouldn't think to look at Hibernian FC's accounts for their information - financial info to a Yam can only come from one of three sources, Vlad, Southern or a nameless ITK

Wee insolvent cakebaking poppy-stealing lambs that they are

So does that mean they are all

Cakebaking
Ubigfaking
Noncesupporting
Thieving
Soles


?

[GloryGlory]

I emailed them and basically they don't think anything is amiss. Their reply; Thank you for your email of 31 July 2013. I can confirm that
following media reports regarding the relationship between Big Hearts Community Trust SC037311)and Heart of Midlothian plc we have recently concluded an inquiry into the charity. We did not identify any regulatory concerns during this inquiry. We note the amount due to Big Hearts Community Trust from Heart of Midlothian plc, but the existence of a debt due to a charity from a company in administration is not a regulatory matter. If you wish any further information on this you should contact the charity. I didn't bother contacting the charity.

Hmmm - no mention of Southern's role in both organisations and the potentail conflict of interest?

[Dashing Bob S]

Very good points about David Southern, who seems to lead a very 'teflon' charmed life, despite his murky dealings. The Hearts affair and the Rangers one before it really does show the total absence of quality investigative journalism in Scotland.

[JimBHibees]

Very good points about David Southern, who seems to lead a very 'teflon' charmed life, despite his murky dealings. The Hearts affair and the Rangers one before it really does show the total absence of quality investigative journalism in Scotland.

Yep he is the Yams Campbell Ogilvie (who of course was also at Yams). :greengrin

[Pete]

I wonder if any of the players chipped in to help out with this? They must be earning more than the average fan.

Some of them might be but I think the vast majority of them are on buttons. Also, we don't know to what extent they already put their hands in their pockets on a daily basis.

Saying that, you'd think Rudi would have offered them some of his mobile accommodation.

[Leithenhibby]

Some of them might be but I think the vast majority of them are on buttons. Also, we don't know to what extent they already put their hands in their pockets on a daily basis.

Saying that, you'd think Rudi would have offered them some of his mobile accommodation.

:greengrin... tut-tut

[Pete]

I'll never forget. Ever. And I'll remind them at every opportunity. For all their protestations, just remember they would be arguably worse if the shoe was on the other foot.

Never let them forget. About all of it.

All we need now is a series of hand signs.


:greengrin... tut-tut

I've been nice enough. :-D

[MB62]

Never let them forget. About all of it.

All we need now is a series of hand signs.

Or a few printed copies of Fagan to distribute before the next derby game :greengrin

[johnrebus]

Always up for slagging off the Gorgie mob, but since our lot could not beat a Hearts team of wet behind the ears kids not long out of school, I just don't have the heart for it anymore.


It's on the pitch that counts, and until we hammer them four or five times in a row - which I don't believe will happen - I really can't be bothered with all this pointless muck raking and point scoring.

[Dashing Bob S]

Always up for slagging off the Gorgie mob, but since our lot could not beat a Hearts team of wet behind the ears kids not long out of school, I just don't have the heart for it anymore.


It's on the pitch that counts, and until we hammer them four or five times in a row - which I don't believe will happen - I really can't be bothered with all this pointless muck raking and point scoring.

I think we'd need to be very, very fortunate to continually draw non-league/lower league sides in the cup over the next decade, let alone be able to specify which one.

[johnrebus]

I think we'd need to be very, very fortunate to continually draw non-league/lower league sides in the cup over the next decade, let alone be able to specify which one.

Bob

My preferred option is that we never play them again, because they will cease to exist.

However, don't know how or why, I just think they are going to get of all the **** that should be coming to them.

But, believe me, I want to be wrong.

[Leith Mo]

This has nothing to do with point scoring - more about reminding them "Lest they forget" with their Maroon tinted version of garbage which they pass off as "FACT" "END OF" etc.

Mindless low-life thieving **** of so-called Club who have stolen from every man, woman and child in this country and also from the historical memory of ALL who served in past conflicts (not just their and our and everybody else's saviours from WW1 blah deblah deblah) by specifically not paying their debt to the Poppy Fund (amongst other charities). They'll jump on the bandwagon about other people's faults (for example Bankers' over LIBOR manipulation if they were intelligent enough to understand its true consequences) which also affect everyone in the country but admit none of their own.

They're so quick to ram it up people about the Poppies etc and to wear their rag with the emblem of sacrifice upon it. Never let them forget - it's 100 years next August 4th and they'll be milking it.

THEY NEVER PAID FOR THEIR POPPIES!!! LEST THEY FORGET - THEY NEVER PAID FOR THEIR POPPIES!!!

Sooner they die as an institution of shame and perfidy the better (oh and I hope, to paraphrase the poet, they "do not go gently into that dark night but rage, rage against (the pain they all deserve for their antics and suffer like the **** they truly are). END OF and FACT

[Pedantic_Hibee]

This has nothing to do with point scoring - more about reminding them "Lest they forget" with their Maroon tinted version of garbage which they pass off as "FACT" "END OF" etc.

Mindless low-life thieving **** of so-called Club who have stolen from every man, woman and child in this country and also from the historical memory of ALL who served in past conflicts (not just their and our and everybody else's saviours from WW1 blah deblah deblah) by specifically not paying their debt to the Poppy Fund (amongst other charities). They'll jump on the bandwagon about other people's faults (for example Bankers' over LIBOR manipulation if they were intelligent enough to understand its true consequences) which also affect everyone in the country but admit none of their own.

They're so quick to ram it up people about the Poppies etc and to wear their rag with the emblem of sacrifice upon it. Never let them forget - it's 100 years next August 4th and they'll be milking it.

THEY NEVER PAID FOR THEIR POPPIES!!! LEST THEY FORGET - THEY NEVER PAID FOR THEIR POPPIES!!!

Sooner they die as an institution of shame and perfidy the better (oh and I hope, to paraphrase the poet, they "do not go gently into that dark night but rage, rage against (the pain they all deserve for their antics and suffer like the **** they truly are). END OF and FACT

Lest the Yams forget the above. Amen.

[greenginger]

I emailed them and basically they don't think anything is amiss. Their reply; Thank you for your email of 31 July 2013. I can confirm that
following media reports regarding the relationship between Big Hearts Community Trust SC037311)and Heart of Midlothian plc we have recently concluded an inquiry into the charity. We did not identify any regulatory concerns during this inquiry. We note the amount due to Big Hearts Community Trust from Heart of Midlothian plc, but the existence of a debt due to a charity from a company in administration is not a regulatory matter. If you wish any further information on this you should contact the charity. I didn't bother contacting the charity.


You could try e-mailing the individual Charity Trustees, they are listed on the Hearts own web-site on the Big Hearts link.
Ask if the charity loan to the football club was properly approved by the trustees and minuted and if they were made aware of the Clubs true financial state.

If you get a mixture of no replies or it is confidential guff, get back on to the Charity Regulator and say it is your understanding that the proper procedures were not in place to grant the loan.

It just might spark a reaction.

[Springbank]

So does that mean they are all

Cakebaking
Ubigfaking
Noncesupporting
Thieving
Soles


?

You may say that quite
Excellent suggestion
S...

[Bostonhibby]

You could try e-mailing the individual Charity Trustees, they are listed on the Hearts own web-site on the Big Hearts link.
Ask if the charity loan to the football club was properly approved by the trustees and minuted and if they were made aware of the Clubs true financial state.

If you get a mixture of no replies or it is confidential guff, get back on to the Charity Regulator and say it is your understanding that the proper procedures were not in place to grant the loan.

It just might spark a reaction.

:agree: Its the right way to do it, but if thats ignored as being a bit inconvenient you could always take it up with the local MP.

[Green Reaper]

C'mon the reaper!

Tramps & Thieves - Porcupine Jacket

http://m.youtube.com/watch?v=A2g8_3Vz3yA

😎

[greenginger]

:agree: Its the right way to do it, but if thats ignored as being a bit inconvenient you could always take it up with the local MP.


As long as you are not in Edinburgh South !

[Bostonhibby]

As long as you are not in Edinburgh South !

I am sure in these recessionary times all MP's will be practicing what their parties preach and putting the public purse and interests first without fear or favour.

There is surely no chance of any MP ever condoning shafting the tax man, the hard pressed Edinburgh rate payers, the much referred to hard working small businesses and certainly not depriving educational institutions, the police or charities of their money. I don't see how any MP seeking re-election could ever say he could condome any of this, even an "independent" MP.

The other Edinburgh MP's don't seem to be saying a lot about the impact of all the unpaid money on the UK taxpayer and the Edinburgh ratepayers they represent, unless I have missed it :stirrer:.

[Pedantic_Hibee]

Jay Gatsby
Today, 16:35
AlloaSectionG, on 19 September 2013 - 03:39 PM, said:
I've heard this "stealing from the poppy fund" chat a few times, but must have missed the story at the time, what's the script there?

A business that manufactures poppies to sell for charity were on the creditors list. They were paid in full.

-----------------

But not by Hearts.

The end.

[Bostonhibby]

Jay Gatsby
Today, 16:35
AlloaSectionG, on 19 September 2013 - 03:39 PM, said:
I've heard this "stealing from the poppy fund" chat a few times, but must have missed the story at the time, what's the script there?

A business that manufactures poppies to sell for charity were on the creditors list. They were paid in full.

-----------------

But not by Hearts.

The end.

:agree: They could even celebrate the fact that one of their own fans was so embarassed by this he paid it apparently, fair play to him, but they are between a rock and a hard place if they then seek to deny the existence of the poppy appeal on the creditors list published by BDO - they were bumped,............simples, same as the Macraes Batallion Trust.

Obviously the money was resting in their account, you'd think BDO would have explained that on their behalf, or maybe to them:confused:.

[fat freddy]

Jay Gatsby
Today, 16:35
AlloaSectionG, on 19 September 2013 - 03:39 PM, said:
I've heard this "stealing from the poppy fund" chat a few times, but must have missed the story at the time, what's the script there?

A business that manufactures poppies to sell for charity were on the creditors list. They were paid in full.

-----------------

But not by Hearts.

The end.

I find it baffling that a huge percentage of yams are completely unaware of the debt that their club is responsible for. A young neighbour of mine who attends Tynecastle had no idea that they were due money to The Police or Heriot Watt University. I asked him if he had seen the creditors list and he wasn't interested, said he only bothers about the team on the park. Another pal who really should know better as he is a successful businessman is convinced their debt is the same now as it was when The Pieman was in charge...19 million, he quoted me. Again, he hasn't looked at their creditors list as he 'just supports the team'. I am now of the opinion that the creditors list should be made compulsory reading for all yams to show them the depths to which their club has sunk. I intend to print off a few copies to give to my yam pals to help them to understand why there is such a strong feeling of animosity towards them from the ordinary hard working taxpayer.

[EskbankHibby]

:agree: They could even celebrate the fact that one of their own fans was so embarassed by this he paid it apparently, fair play to him, but they are between a rock and a hard place if they then seek to deny the existence of the poppy appeal on the creditors list published by BDO - they were bumped,............simples, same as the Macraes Batallion Trust.

Obviously the money was resting in their account, you'd think BDO would have explained that on their behalf, or maybe to them:confused:.

Lest we forget the Scottish Ambulance Service, HMRC, Edinburgh Council, NHS Lothian, NHS Fife and even the British Red Cross. Let's hope these worthy institutions register high enough on the jambo cringe-o-meter that they get more than a few pence in the pound. What sort of organisation builds up ANY debt to the Scottish Ambulance Service and the British Red Cross?:no way:

[FranckSuzy]

Lest we forget the Scottish Ambulance Service, HMRC, Edinburgh Council, NHS Lothian, NHS Fife and even the British Red Cross. Let's hope these worthy institutions register high enough on the jambo cringe-o-meter that they get more than a few pence in the pound. What sort of organisation builds up ANY debt to the Scottish Ambulance Service and the British Red Cross?:no way:

:agree: :top marks

[greenginger]

http://www.15min.lt/naujiena/verslas/bendroves/lietuviams-kaltinimai-is-bosnijos-molzemio-gamyklos-pasisavinus-34-mln-litu-663-370895

The Bosnians are after Vlad and his associates too, funny how nothing criminal seems to have happened over here.

[AndyM_1875]

Lest we forget the Scottish Ambulance Service, HMRC, Edinburgh Council, NHS Lothian, NHS Fife and even the British Red Cross. Let's hope these worthy institutions register high enough on the jambo cringe-o-meter that they get more than a few pence in the pound. What sort of organisation builds up ANY debt to the Scottish Ambulance Service and the British Red Cross?:no way:

I can laugh at them diddling HMRC (useless organisation who messed up my missus tax code for 4 years on the trot & got aggressive when their mistakes were pointed out) and i can chuckle at them screwing over Edinburgh's Yam dominated Council.

But our NHS, the Ambulance service and of all charities, the British Red Cross??!:bitchy:
That's just unforgivable.

[GREEN WARLORD]

Lest we forget the Scottish Ambulance Service, HMRC, Edinburgh Council, NHS Lothian, NHS Fife and even the British Red Cross. Let's hope these worthy institutions register high enough on the jambo cringe-o-meter that they get more than a few pence in the pound.
What sort of organisation builds up ANY debt to the Scottish Ambulance Service and the British Red Cross?:no way:

One that is lower than a snakes belly.

[ScottB]

It's worth remembering, outside of the information available on here, the average punter is only aware of what's been in the mass media. So you'll either get indifference, or support for the plucky fight against adversity.

The only ones who know the truth of the situation are us. Nobody else knows / cares. Or in the Yams case, they simply don't want to know the truth.

[s.a.m]

Another day, another friendly request for cash from Ulysses on JKB. Raffle tickets this time. We're not out of September yet, and we've already had several requests for extra cash. They'll surely tire of this.

Ulysses said:
================================================== ====================
Hi,

JKB and Hearts have once again got together to offer members the chance to win hospitality tickets, this time for the game against Dundee United on Saturday, September 28th.

Initially, there are five prizes of a pair of hospitality tickets on offer. Note that each prize is a PAIR of tickets. So each prize winner can take themselves and a friend/family member/client/mistress along to avail of the hospitality package. These packages normally cost £150 per person, and for the Dundee United game the tickets include:

Arrival at 12:30 pm
Drinks reception
Pre-match meal with wine, tea and coffee
Chance to meet former players
Prime seating in the Gorgie Suite hospitality area
Betting available in Suite
Half time refreshments including pies, tea and coffee
Complimentary bar throughout the day
Man of the match presentations
Suite closes one hour after full time

http://www.heartsfc....2241384_3459916 (http://www.heartsfc.co.uk/articles/20130916/gorgie-suite-hospitality-dundee-united_2241384_3459916)

Hearts have also offered is that if there is enough interest in raffle tickets, more prizes will be added to the draw . So the more raffle tickets we sell, the more prizes there will be.

If you've already bought raffle tickets, thanks and best of luck to you in the draw. If not, this is a great way to give yourself the chance of winning a PAIR of hospitality tickets for the price of a raffle ticker. You can get tickets for a fiver each, and you can buy as many as you like. Just click on the donate link at the top of the screen, choose the option for the Hearts v Dundee United Hospitality Tickets Raffle and then follow the directions. Or you can click on the link below and follow the directions:

JKB Donate Screen (http://www.hmfckickback.co.uk/index.php?/donate/)

Raffle ticket sales close next Wednesday, 25 September at 10 pm UK time . The draw will take place shortly after that.



Cheers and thanks.

Ulysses

[jodjam]

Another day, another friendly request for cash from Ulysses on JKB. Raffle tickets this time. We're not out of September yet, and we've already had several requests for extra cash. They'll surely tire of this.

Ulysses said:
================================================== ====================
Hi,

JKB and Hearts have once again got together to offer members the chance to win hospitality tickets, this time for the game against Dundee United on Saturday, September 28th.

Initially, there are five prizes of a pair of hospitality tickets on offer. Note that each prize is a PAIR of tickets. So each prize winner can take themselves and a friend/family member/client/mistress along to avail of the hospitality package. These packages normally cost £150 per person, and for the Dundee United game the tickets include:

Arrival at 12:30 pm
Drinks reception
Pre-match meal with wine, tea and coffee
Chance to meet former players
Prime seating in the Gorgie Suite hospitality area
Betting available in Suite
Half time refreshments including pies, tea and coffee
Complimentary bar throughout the day
Man of the match presentations
Suite closes one hour after full time

http://www.heartsfc....2241384_3459916 (http://www.heartsfc.co.uk/articles/20130916/gorgie-suite-hospitality-dundee-united_2241384_3459916)

Hearts have also offered is that if there is enough interest in raffle tickets, more prizes will be added to the draw . So the more raffle tickets we sell, the more prizes there will be.

If you've already bought raffle tickets, thanks and best of luck to you in the draw. If not, this is a great way to give yourself the chance of winning a PAIR of hospitality tickets for the price of a raffle ticker. You can get tickets for a fiver each, and you can buy as many as you like. Just click on the donate link at the top of the screen, choose the option for the Hearts v Dundee United Hospitality Tickets Raffle and then follow the directions. Or you can click on the link below and follow the directions:

JKB Donate Screen (http://www.hmfckickback.co.uk/index.php?/donate/)

Raffle ticket sales close next Wednesday, 25 September at 10 pm UK time . The draw will take place shortly after that.



Cheers and thanks.

Ulysses

Ulysses? Mair like "You'll no see the prize"

[AndyM_1875]

It's worth remembering, outside of the information available on here, the average punter is only aware of what's been in the mass media. So you'll either get indifference, or support for the plucky fight against adversity.

The only ones who know the truth of the situation are us. Nobody else knows / cares. Or in the Yams case, they simply don't want to know the truth.

I had an "animated" discussion with a Dundee United supporter yesterday who was defending all the clubs attempting to help Hearts just now and saying he hoped United would do the same as St Johnstone and the likes have done. Finished off by saying "it'll be good if Hearts can survive and even if they did get liquidated, let the Newco pick up and go."

"Why is that?" i asked. "a year ago you and your fellow United fans were all doing their nut and screaming No To Newco and rounding on the fallen bully that was Rangers. Why the change of attitude?
Hearts deserve no special treatment. You did nothing to help Rangers but you're all taken in with a Hearts and their sob stories."

"aye well it's different.... hearts aren't Rangers"

That's what we may be up against.

[Ozyhibby]

If Hearts are liquidated then a newco will be allowed into league 2 next season. However they will most likely be renting their stadium somewhere and have moved out of Riccarton.
No chance they will just pick up and complete this seasons games.

[CallumLaidlaw]

"aye well it's different.... hearts aren't Rangers"


And yet the irony is, they so so desperately want to be!

[Craig_in_Prague]

Raffling a PAIR.,..wooooo
Prime seating in the asbestos stand

What a sad dying pathetic club.

[Saorsa]

Raffling a PAIR.,..wooooo
Prime seating in the asbestos stand

What a sad dying pathetic club.You'd think a seat in that asbestos ridden death trap would be a booby prize, no the top prize. Top prize should be two tickets no tae go tae the game :greengrin

[Jack]

I don't think its the asbestos stand, sure its the one behind the goals.

[Saorsa]

I don't think its the asbestos stand, sure its the one behind the goals.If it is then it must be the cheapo hospitality they're giving away that disnae come with exclusive or premium :hilarious seating. They'll just have tae make do with getting showered with rusty bolts from the dilapidated corrugated iron stand.

[SurferRosa]

If Hearts are liquidated then a newco will be allowed into league 2 next season. However they will most likely be renting their stadium somewhere and have moved out of Riccarton.
No chance they will just pick up and complete this seasons games.

Exactly. The precedent was set last year. They would start in the bottom division. Any moves to usher them into the top league would be met with ferocious posturing from SevCo and their fans would riot in the streets. Imagine the reaction from the SevCo apologists within the media.....There is not a chance they would continue where the OldCo left off.

[Eyrie]

Something doesn't add up here.

Five pairs of tickets at £150 each is £1500, so the raffle needs to raise at least that for their odious club to make any money on the offer. So it looks like their recent appeal to the Edinburgh business community fell on deaf ears, no-one wants their hospitality and they're desperate for any money they can scam.

Is it true that the second prize in the raffle is the opportunity to pay Rudi Skacel a fee and expenses in exchange for a promise to post them his autograph after Christmas?

[clerriehibs]

I had an "animated" discussion with a Dundee United supporter yesterday who was defending all the clubs attempting to help Hearts just now and saying he hoped United would do the same as St Johnstone and the likes have done. Finished off by saying "it'll be good if Hearts can survive and even if they did get liquidated, let the Newco pick up and go."

"Why is that?" i asked. "a year ago you and your fellow United fans were all doing their nut and screaming No To Newco and rounding on the fallen bully that was Rangers. Why the change of attitude?
Hearts deserve no special treatment. You did nothing to help Rangers but you're all taken in with a Hearts and their sob stories."

"aye well it's different.... hearts aren't Rangers"

That's what we may be up against.

May? Unfortunately it's a definite.

It seems to me the duration, and comparative extent, of homfc's cheating was worse than the rangers. A celtic supporting friend of mine had one topic of conversation when rangers were falling, and that was rangers falling and how far they should fall. Talk to him about homfc, and it's "yeah, they're just mini rangers" ... but has no interest one way or the other if they go bust or otherwise or what they've been up to or what their punishment should be. If celtic fans don't care, it really is just us.

homfc are insignificant to the rest. I reckon it's the same with anyone - if it's not one of the infirm and it's not your bitter rivals, then no other club is of much concern to you, except on match day.

[Dashing Bob S]

If it is then it must be the cheapo hospitality they're giving away that disnae come with exclusive or premium :hilarious seating. They'll just have tae make do with getting showered with rusty bolts from the dilapidated corrugated iron stand.

The Jambos will have built up so much resistance to poisons through years of sitting in that death trap, that the catering staff will probably be under instruction to inject the food with toxins so they don't get ill.

[Sanger]

Source of Debt
Debts Millions
Comment
Link








Original
22
debt for equity swaps over two years by UBIG 2008/2010
http://sport.stv.tv/football/clubs/hearts/201686-mapping-hearts-finances-following-the-money-at-the-tynecastle-club/



2
Forgiven by UBIG on take over
http://news.bbc.co.uk/sport1/hi/football/teams/h/heart_of_midlothian/4570516.stm



8.8
Forgiven by Panama subsuduary company 2011
http://sport.stv.tv/football/clubs/hearts/201686-mapping-hearts-finances-following-the-money-at-the-tynecastle-club/



7.9
payment from FC Kaunas 2010 - debt foregiveness
http://www.fm-base.co.uk/forum/scottish-football/81343-romanovs-battle-hearts-minds.html








Total converted/forgiven
40.7










Current debt
28.5










Total
69.2





Just in case anybody has forgotten the real level of their known debt. Nothing coming out of Lithuanian - all quiet ahead of the big announcement I hope!

[jonty]

Something doesn't add up here.

Five pairs of tickets at £150 each is £1500, so the raffle needs to raise at least that for their odious club to make any money on the offer. So it looks like their recent appeal to the Edinburgh business community fell on deaf ears, no-one wants their hospitality and they're desperate for any money they can scam.

Is it true that the second prize in the raffle is the opportunity to pay Rudi Skacel a fee and expenses in exchange for a promise to post them his autograph after Christmas?

Time for the plasma to be replaced by an LED TV. :agree:

[Jack Hackett]

Just in case anybody has forgotten the real level of their known debt. Nothing coming out of Lithuanian - all quiet ahead of the big announcement I hope!

Aye, but 2 Scottish Cups and a CL qualifying round. Worth every penny

Edit

...apparently

[portycabbage]

If it is then it must be the cheapo hospitality they're giving away that disnae come with exclusive or premium :hilarious seating. They'll just have tae make do with getting showered with rusty bolts from the dilapidated corrugated iron stand.

i'm pretty sure hearts don't have a bolt.:greengrin

[Springbank]

...I was only interested in the team on the park...

That's the jambo version of the Nuremburg defence right there (we were only following orders)

Both have one thing in common..ignorance (wilful or otherwise) is no defence

Lest We Forget

[Bostonhibby]

Aye, but 2 Scottish Cups and a CL qualifying round. Worth every penny

Edit

...apparently

And a "special" relationship with Liverpool, at least up until N'goo had to be paid for.

[PapillonVert]

They know the stuff is being posted here and they're ok with it. My work isn't reliant on selling stories, it's more behind the scenes and I've made friends in some places (Hearts and the SPL office) but I don't usually work in the football side of the media. I try and pass the info on to my colleagues but as I've posted here (on other subjects too) very few people are actually interested in writing about it. I'm not in a position to write the stories myself so it doesn't come out. They're all worried about being booted off the gravy train.

Thanks, Bajillions, for explaining that.

Just back from Nice and the Riviera (isn't life tough?) having spent a wonderful week on (I believe) a well-deserved holiday. I could get used to it, you know!

I should go away more often, it seems! GGTTH

[#FromTheCapital]

The tide is starting to turn. I do believe today is the first loss they haven't celebrated this season. Onwards and downwards :greengrin

[Zondervan]

Latest tweet from Save Hearts In Trouble:

@The_FoH: Tough day for @JamTarts but it will make us stronger. We are united. We are in it together. And we will #createhistory. RT if you love HMFC.

Chemical Ali couldn't have came up with such a defiant propaganda statement.

[clerriehibs]

Just in case anybody has forgotten the real level of their known debt. Nothing coming out of Lithuanian - all quiet ahead of the big announcement I hope!


Muc of that's not debt, though, it's money laundering. homfc have never been worth anything like that.

[jabis]

Time for the plasma to be replaced by an LED TV. :agree:

crt :greengrin

[Geo_1875]

Latest tweet from Save Hearts In Trouble:

@The_FoH: Tough day for @JamTarts but it wil make us stronger. We are united. We are in it together. And we will #createhistory. RT if you've loved your sister.

Chemical Ali couldn't have came up with such a defiant propaganda statement.

Fixed.

[Pete]

Latest tweet from Save Hearts In Trouble:

@The_FoH: Tough day for @JamTarts but it will make us stronger. We are united. We are in it together. And we will #createhistory. RT if you love HMFC.

Chemical Ali couldn't have came up with such a defiant propaganda statement.

"It will make us stronger"? Really?

That was probably the worst type of defeat they could suffer...worse than taking a pasting. They will still be feeling absolutely sick after what was a real body blow and would have endured the longest journey home.

The above would apply to a normal team but this one isn't a normal team (by that I mean the ages of the players and the exceptional circumstances and pressures they are working with). Ignoring the fact that its hearts, it's worth looking at how they will react to such things from purely a footballing point of view. Dunfermline were in a similar position last season and managed to pull off some unexpected results and performances, both good and bad, but they eventually succumbed.

That result would be a dull one for most teams but it really could result in any extreme for hearts. It could either totally floor them or they might totally shrug it off. This learning curve might be too harsh to cope with or youthful enthusiasm and confidence might simply enable them to carry on, and if they're lucky they might learn from the experience. After all they have nothing to lose so why not just go out with an "over the top and at 'em" attitude regardless?

I can't figure out if I feel sorry for Gary Locke or not. His very first job could be the hardest one imaginable, having to motivate and encourage kids to play with the big boys, picking up their fragile personalities after another defeat while trying to figure out how to make them last the season. It could also be the easiest. Do you really need to motivate an 18 year old who has been thrust into the limelight? They should be champing at the bit regardless and their gallus nature should have them fearing nobody and relishing the challenge.

Seeing how they get on will be interesting but I think they will eventually run out of steam and fail. Man for man even St.Mirren are better and will improve resulting in too big a gap.

One thing is for sure is that if hearts are allowed to play us with Heffernan, Collins, Robertson, Craig and Zoubir all performing we will absolutely destroy them. I'm talking an absolute slaughtering.
They can be as enthusiastic as they like but we will prove that we have a better squad and are a level above them in quality.

I want to play them tomorrow.:jmcp:

[ano hibby]

Peter I agree with much of what you say but the last part..slaughter them..? Whilst I live in hope I certainly am not that confident.
Look forward to more news from Lithuania....

[Waxy]

Almost October and no sign of ending admin on the horizon.
Money must be getting short with no hope of getting more in, and they have to rely on a bunch of fragile teenagers to save them from relegation.
This is good.

[The Falcon]

Almost October and no sign of ending admin on the horizon.
Money must be getting short with no hope of getting more in, and they have to rely on a bunch of fragile teenagers to save them from relegation.
This is good.

Are they not supposed to have passed us by October?

[#FromTheCapital]

Peter I agree with much of what you say but the last part..slaughter them..? Whilst I live in hope I certainly am not that confident.
Look forward to more news from Lithuania....

:agree:
This squad of players is more than capable of slaughtering the current hearts team, but under Pat Fenlon we'll only ever beat them by a goal, 2 at most. He's far too cautious in derbies. The only derby under fenlon when we looked like we could of slaughtered them was the derby at tynie late last season which was a fairly meaningless game in terms of points and league position. Even then we only won by a last minute goal.
Hopefully we hear more news this week that puts them a step closer to death.

[Treadstone]

They must be in trouble as there is a 'Haymarket Memorial' thread on wearecack.com.

[brog]

This has nothing to do with point scoring - more about reminding them "Lest they forget" with their Maroon tinted version of garbage which they pass off as "FACT" "END OF" etc.

Mindless low-life thieving **** of so-called Club who have stolen from every man, woman and child in this country and also from the historical memory of ALL who served in past conflicts (not just their and our and everybody else's saviours from WW1 blah deblah deblah) by specifically not paying their debt to the Poppy Fund (amongst other charities). They'll jump on the bandwagon about other people's faults (for example Bankers' over LIBOR manipulation if they were intelligent enough to understand its true consequences) which also affect everyone in the country but admit none of their own.

They're so quick to ram it up people about the Poppies etc and to wear their rag with the emblem of sacrifice upon it. Never let them forget - it's 100 years next August 4th and they'll be milking it.

THEY NEVER PAID FOR THEIR POPPIES!!! LEST THEY FORGET - THEY NEVER PAID FOR THEIR POPPIES!!!

Sooner they die as an institution of shame and perfidy the better (oh and I hope, to paraphrase the poet, they "do not go gently into that dark night but rage, rage against (the pain they all deserve for their antics and suffer like the **** they truly are). END OF and FACT

Only in Jamboland could the concept of a football club " borrowing " from a charity not be regarded as exceptional. Every week or 2 it seems there's a story in the papers about some charity collector breaking open the tin & stealing the takings. Yams did that to the tune of £34,000 & no one has been held accountable. David Southern/Craig Whyte, I don't see a lot of difference.

[Www1875hfc]

Well they have had 3 BIG home games against teams that bring a large away following, so the money will start to dry up. :wink:

[blackpoolhibs]

Well they have had 3 BIG home games against teams that bring a large away following, so the money will start to dry up. :wink:

900 of them made the journey to the highlands yesterday, is the novelty starting to wear off for the gimps?

[Col2]

Does anyone know if they were "filling up with tears of pride " when the coach arrived in Dingwall, directly from the travel lodge the Hearts crisis fund #35643 paid for? Even for a grown man it must have been difficult to hold back the emotion of it all. I fear for the guy in Bulgaria listening to it from his studio apartment in his pants, he is probably getting consoled by others just now. What a roller coaster. Stay safe sweet prince.


900 of them made the journey to the highlands yesterday, is the novelty starting to wear off for the gimps?

900? At the start of the week they said 2000 were going. I wonder if some of the gave up their bus money when Uliysis sent out his most recent begging sorry raffle ticket opportunity...

Can I just say to all the HOMFC fans looking in.......

....... GET IT RIGHT UP YE .

Yesterday would have hurt, a lot and I hope it still does. You better St Mirren don't replace Lennon with someone like Levein or Houston.....

[blackpoolhibs]

900? At the start of the week they said 2000 were going. I wonder if some of the gave up their bus money when Uliysis sent out his most recent begging sorry raffle ticket opportunity...

I have found over the last few years they do tend to exaggerate a bit.

[Www1875hfc]

According to 1 roaster over the road, Thousands applauded the players for their efforts, after the defeat in Dingwall.

Must be the first loss they haven't celebrated?

Believe me,that result will hurt the gorgie paraffin lamps that's for sure.

[RoYO!]

Early days but hertz so far are on target to amass 38 points. Giving them a grand total of 23 points come the end of the season.

Or for more perspective, the Dundee team of last year finished on 30 points. And they were trully shafted by the SFA/SPL for the the Rangers debacle.

Apologies if this has already been posted/ commented on, just thought it was worth mentioning :na na:

[Saorsa]

I have found over the last few years they do tend to exaggerate a bit.Really? I just thought they talked S.H.I.T :agree:

:hahaha::jamboclow

:brokenyam:

[The Falcon]

900 of them made the journey to the highlands yesterday, is the novelty starting to wear off for the gimps?

I would imagine a fair few of them would be locals to the area and probably only take their kids to those games.

[Bostonhibby]

They must be in trouble as there is a 'Haymarket Memorial' thread on wearecack.com.

What? not another one?

I realise losing to Ross County in the way they did was pretty traumatic but do they have to erect a bloody statue every time their gallant young warriors suffer a setback in the face of adversity? Haymarket will end up looking like a rest home for former communist leader statues by the end of the season at this rate.

Its not as if they have won a war or anything like that. Maybe they would be better of selling a few poppies if they are that serious about memorials? always assuming they can get their hands on some again.

[Dashing Bob S]

I have found over the last few years they do tend to exaggerate a bit.

There are 400,000 citizens in Edinburgh who would disagree with that.


According to 1 roaster over the road, Thousands applauded the players for their efforts, after the defeat in Dingwall.

Must be the first loss they haven't celebrated?

Believe me,that result will hurt the gorgie paraffin lamps that's for sure.

I'm trying to work out which incantation of the Jambo's is the most obnoxious: the boorish, triumphalist big team boasting, or the crying, bleating 'poor us' victims, when they get handed another doing.

[semaj64]

Latest tweet from Save Hearts In Trouble:

@The_FoH: Tough day for @JamTarts but it will make us stronger. We are united. We are in it together. And we will #createhistory. RT if you love HMFC.

Chemical Ali couldn't have came up with such a defiant propaganda statement.

Good propaganda will be preparing the fans to pay for team accommodation for the next away trip.

[Treadstone]

I'm trying to work out which incantation of the Jambo's is the most obnoxious: the boorish, triumphalist big team boasting, or the crying, bleating 'poor us' victims, when they get handed another doing.

Easy one Bob. 'the boorish, triumphalist big team boasting'.:thumbsup:

[Hibercelona]

It'll make us stronger. :faf:

Maybe every team should set out to lose games then, if it'll make them better.

[semaj64]

It'll make us stronger. :faf:

Maybe every team should set out to lose games then, if it'll make them better.

Hopefully Hearts will prove to be the strongest team this season

[KdyHby]

Latest tweet from Save Hearts In Trouble:

@The_FoH: Tough day for @JamTarts but it will make us stronger. We are united. We are in it together. And we will #createhistory. RT if you love HMFC.



If I were cynical I'd think that they're worried about people cancelling DDs, with more money due to leave bank accounts soon....

[The Green Goblin]

I fear for the guy in Bulgaria listening to it from his studio apartment in his pants, he is probably getting consoled by others. Stay safe sweet prince.

:faf: :faf:

[Pete]

"and we will #createhistory"

Again?

[Geo_1875]

"and we will #createhistory"

Again?

I just don't get this "create history" thing. Surely what they would create is news. After some period of time it would become history, unless it's just forgotten. Although they are keen students of history if only selectively.

[Pete]

I just don't get this "create history" thing. Surely what they would create is news. After some period of time it would become history, unless it's just forgotten. Although they are keen students of history if only selectively.

Event: hearts add the embarrassment of administration to their timeline. They are forced to play youngsters as consequence of their cheating. 15 point penalty. Their only hope is to pray for a shameful CVA to be agreed or wait for liquidation. It's not even unique as rangers/sevco went through something very similar recently.


Allisbarry: hearts #createhistory

[K-Zazu]

Create history? What a sad pathetic football club.

[Saorsa]

Create history? What a sad pathetic football club.soon they will be it.

[Springbank]

Hearts created history the minute BDO released the creditor list.

The fact their fans seek to revise history rather than face up to their history means history will judge them as cheats, just as bad as the Romanov family

[RecobasUncle]

Tsssk tssk some really cynical comments about Hearts creating history!

Don't you people realize Hearts will create history when they are forced to create a new club?

[Jack Hackett]

#shameless

[Tam]

Speaking to an employee of them today who told me that BDO have called all employees of the club to a,meeting at HWU on Tue evening

[The Green Goblin]

Speaking to an employee of them today who told me that BDO have called all employees of the club to a,meeting at HWU on Tue evening

They've just said that now to give them all enough time to bake some cakes.

[bingo70]

Speaking to an employee of them today who told me that BDO have called all employees of the club to a,meeting at HWU on Tue evening

I take it hearts are playing in the league cup on Wednesday then?

Would have thought any meetings would have been at tynecastle?

[gorgie greens]

Speaking to an employee of them today who told me that BDO have called all employees of the club to a,meeting at HWU on Tue evening

hopefully they will hear that famous Scottish saying "yer teas oot" or "the ba's burst" or "that shoogly peg yer jacket was on has fallen off"
hopefully it will say "sorry to have to tell you this but due to unforseen circumstances (skint)were going for liquidisation ,it has been a tremendous effort by everyone and i have enjoyed all the home baking over the months,but the diddies have been getting cancelled due to christmas comming up our prefered bidder are no longer in a position to bid for us.

[s.a.m]

hopefully they will hear that famous Scottish saying "yer teas oot" or "the ba's burst" or "that shoogly peg yer jacket was on has fallen off"
hopefully it will say "sorry to have to tell you this but due to unforseen circumstances (skint)were going for liquidisation ,it has been a tremendous effort by everyone and i have enjoyed all the home baking over the months,but the diddies have been getting cancelled due to christmas comming up our prefered bidder are no longer in a position to bid for us.

That would be lovely. You would think, though, that if their tea was oot, they wouldn't be waiting until Tuesday evening to tell them:dunno:

[gorgie greens]

unless its to tell them that they are having to let more staff go,dont think it will be to let them know that the xmas party will no longer be held at the Dalmahoy and they have moved it to the salvation army hall in Gorgie rd

[greenginger]

It will just be a curtesey update by BDO to the Yam staff and a thankyou for working for reduced wages or nowt as the case may be.

BDO will then bill £500/hour for their time.

[RoslinInstHibby]

I take it hearts are playing in the league cup on Wednesday then?

Would have thought any meetings would have been at tynecastle?

same....why at the uni?

[Geo_1875]

Will they get paid overtime for turning out at night? I imagine it's at Riccarton to save turning on the lights at Tynie.

[Phil D. Rolls]

Lest we forget the Scottish Ambulance Service, HMRC, Edinburgh Council, NHS Lothian, NHS Fife and even the British Red Cross. Let's hope these worthy institutions register high enough on the jambo cringe-o-meter that they get more than a few pence in the pound. What sort of organisation builds up ANY debt to the Scottish Ambulance Service and the British Red Cross?:no way:


How can they owe money to the NHS?

[Jack]

same....why at the uni?

They'd have to use their own electricity at the wongadome and someone might need a pee and add to the water bill.

[EskbankHibby]

How can they owe money to the NHS?

On the creditors list. Would be interested to know the specifics.

[Jim44]

It's an odd one. If it was good news, why drag them away out there to kick them in the teeth? Then again, if it was good news you would think they'd be falling over themselves to tell them immediately. My guess is that the info about a meeting is probably incorrect.

[SmashinGlass]

On the creditors list. Would be interested to know the specifics.

It will be for the presence of an ambulance at games.

[Just Alf]

same....why at the uni?

Probably because they'll not have the keys to the shiney new padlocks at tynie? :greengrin

[Peevemor]

Probably because they'll not have the keys to the shiney new padlocks at tynie? :greengrin

That's exactly what I was thinking (hoping :pray:).

[dangermouse]

It will be for the presence of an ambulance at games.

Think that would be due to the Scottish Ambulance Service (although they are part of the NHS the bill wouldn't be for NHS Fife)

[Coco Bryce]

It's probably for Gary Locke's urine tests :agree:

[Bostonhibby]

same....why at the uni?

Another freebie from their benevolent landlord?:wink:

Probably no real news but they are doing it off site to make the staff feel its something important and they are being involved first.

Either that or it's the old trick of having the meeting away from the office whilst the security arrangements are changed because they are not getting back in! If this was a real good news one it would be leaked to the press well in advance and allisbary would not be able to contain himself, presumably neither would independent Ian, MP for all of the people.

[Jack Hackett]

It's probably for Gary Locke's urine tests :agree:

Stop talking pish :greengrin

[JeMeSouviens]

Another freebie from their benevolent landlord?:wink:

Probably no real news but they are doing it off site to make the staff feel its something important and they are being involved first.

Either that or it's the old trick of having the meeting away from the office whilst the security arrangements are changed because they are not getting back in! If this was a real good news one it would be leaked to the press well in advance and allisbary would not be able to contain himself, presumably neither would independent Ian, MP for all of the people.

Wouldn't have thought the players or coaching staff normally go to Tiny through the week, so Riccarton is probably the easiest place to get them all together. It's probably just a routine staff meeting to tell them nothing's happening.

[Dashing Bob S]

Wouldn't have thought the players or coaching staff normally go to Tiny through the week, so Riccarton is probably the easiest place to get them all together. It's probably just a routine staff meeting to tell them nothing's happening.

Probably announcing that the new training sessions will take place at the Gyle, and that they will be ground sharing with Whitehill Welfare from here on in, in preparation for an assault on the Lowlife League title next year.

They had to wait to till Tuesday night as the team bus ran out of petrol, nobody had a credit card that wasn't snide, so they had to hitch hike home. Several of the 'less experienced' first team members took the wrong turning and apparently ended up in Aberdeen.

[PatHead]

It was interesting that the accommodation on Friday was paid by the Hearts Fighting Fund and not FoH. I assume that that was in their remit as I understood that the Fighting Fund was for essential maintenance such as painting steps, repairing windows etc. Does this mean FoH are struggling to raise cash and every penny has to go to the bid or they are running out? Finally did Ross County give Hearts a cut of the gates?

[The Green Goblin]

That would be lovely. You would think, though, that if their tea was oot, they wouldn't be waiting until Tuesday evening to tell them:dunno:

Maybe they'll all arrive to be told "you'll have had yer tea" followed by "and now you've had yer chips too"!

[Keith_M]

It's probably just some mundane update meeting from BDO.

"Here's the current status: nothing new to tell you other than we just made another 3k from holding this get together. Thank you all and good night."

[Spike Mandela]

It is to explain the new terms of the lease with HWU, show them where the cleaning eqpt is and work out shifts for who is cleaning the cludgies every night.

[Ozyhibby]

When Charles Green offered to buy the old Rangers out of admin there were two offers on the table. One to buy the club with a CVA and one to buy the assets of the old club and start a new club in Div 3.
As far as we know there is no dual offer from FoH as the assets are the bit they can't afford (although in my opinion they should be offering to buy the club without the assets as well).
What I'm getting to is that on the day that the CVA is turned down (if it is) then I imagine they will be turfed out of the premises pretty quickly?
Anyone know what the norm is?

[EH6 Hibby]

When Charles Green offered to buy the old Rangers out of admin there were two offers on the table. One to buy the club with a CVA and one to buy the assets of the old club and start a new club in Div 3.
As far as we know there is no dual offer from FoH as the assets are the bit they can't afford (although in my opinion they should be offering to buy the club without the assets as well).
What I'm getting to is that on the day that the CVA is turned down (if it is) then I imagine they will be turfed out of the premises pretty quickly?
Anyone know what the norm is?

FOH don't have any money though remember. They're borrowing all the money they're planning to put in. The club itself will have no assets so I'd imagine the people loaning the money would be much less inclined if there's no security over their investment.

[Deansy]

FOH don't have any money though remember. They're borrowing all the money they're planning to put in. The club itself will have no assets so I'd imagine the people loaning the money would be much less inclined if there's no security over their investment.

This is what don't get - as I understand it, the 'Muppets with money' (Ann Budge ??) are putting the money up for FOH and the 1st years D/D's are for the running of the club (IF successful ??). After that, the D/D's are for RE-PAYING that money to the 'Muppets with Money' (Ann Budge ??) - does anyone seriously expect that money to be repaid ??.

[Keith_M]

This is what don't get - as I understand it, the 'Muppets with money' (Ann Budge ??) are putting the money up for FOH and the 1st years D/D's are for the running of the club (IF successful ??). After that, the D/D's are for RE-PAYING that money to the 'Muppets with Money' (Ann Budge ??) - does anyone seriously expect that money to be repaid ??.


Hence the reason there will be a security on the loan. If the CVA is successful, they'll be buying Tynecastle and using it as security. If they don't repay, they could lose ownership of Tynecastle.

What I think is more likely to happen, if the repayments slow to a trickle, is that the terms will be renegotiated and the Loan paid back over a longer term, with the increase in interest payments that would obviouslly incur. Hearts would probably also find themselves paying a large part of their income every year to offset part of the cancelled DDs.

[Deansy]

Hence the reason there will be a security on the loan. If the CVA is successful, they'll be buying Tynecastle and using it as security. If they don't repay, they could lose ownership of Tynecastle.

What I think is more likely to happen, if the repayments slow to a trickle, is that the terms will be renegotiated and the Loan paid back over a longer term, with the increase in interest payments that would obviouslly incur. Hearts would probably also find themselves paying a large part of their income every year to offset part of the cancelled DDs.

So basically, it would be a nice wee earner for 'Muppets with Money' (Ann Budge ??) if it comes off (Tax-Wise) ??.

[weonlywon6-2]

Wouldn't have thought the players or coaching staff normally go to Tiny through the week, so Riccarton is probably the easiest place to get them all together. It's probably just a routine staff meeting to tell them nothing's happening.

Probably using the conference room at heriot watt as there is not enough room at swynie

[Springbank]

Maybe they could hold it in the accountancy faculty. Maybe learn why we've been saying "told you so" since early 2006

[Bostonhibby]

Wouldn't have thought the players or coaching staff normally go to Tiny through the week, so Riccarton is probably the easiest place to get them all together. It's probably just a routine staff meeting to tell them nothing's happening.

:agree: but the ordinary non playing staff who are left (the ones who got shafted immediately last time) need to be kept sweet, especially if they are being paid no money, or less than they got before, but are keeping the good ship yam moving on behalf of the admins meantime.

At least BDO seem to want to talk to the "staff", which was more than the dear leader ever felt he had to do, especially the poor saps that lost their jobs overnight - but what do they matter and what thought have they had since?.

[silverhibee]

It will just be a curtesey update by BDO to the Yam staff and a thankyou for working for reduced wages or nowt as the case may be.

BDO will then bill £500/hour for their time.

Are the players who took a wage cut at the start still doing it.

[Billy Whizz]

Probably a training exercise for Business class students, on how not to run a Company

[Bostonhibby]

Are the players who took a wage cut at the start still doing it.

Good question, and while we are at it, can big trudi skacel pull a pint? :greengrin

[RoslinInstHibby]

Probably using the conference room at heriot watt as there is not enough room at swynie

conference rooms are not part of the facilities

[greenginger]

This is what don't get - as I understand it, the 'Muppets with money' (Ann Budge ??) are putting the money up for FOH and the 1st years D/D's are for the running of the club (IF successful ??). After that, the D/D's are for RE-PAYING that money to the 'Muppets with Money' (Ann Budge ??) - does anyone seriously expect that money to be repaid ??.


If the D/D's are cancelled after the purchase the muppets with money, bidco will probably expect to get repaid from the football club's normal income which will screw the football side of things for a long time.

However, I'm sure there are rules against this method as it would be seen as a leveraged purchase of a company ( Cav, CWG PTS come in here ) so I have no idea what would happen.

Anne Budge chairperson of HOMFC.

[Pedantic_Hibee]

:agree: but the ordinary non playing staff who are left (the ones who got shafted immediately last time) need to be kept sweet, especially if they are being paid no money, or less than they got before, but are keeping the good ship yam moving on behalf of the admins meantime.

At least BDO seem to want to talk to the "staff", which was more than the dear leader ever felt he had to do, especially the poor saps that lost their jobs overnight - but what do they matter and what thought have they had since?.

HoMFC fans no longer care about those that were made redundant. In fact even the threat of liquidation and/or relegation doesn't seem to bother them lately. They're more concerned about celebrating defeats and crying tears of pride as their kids empty their piggy banks for shares they'll never receive.

[Www1875hfc]

Be interesting to see how many they knock off the attendance figure from Wednesdays home game against Q'O'S.

[PapillonVert]

If the D/D's are cancelled after the purchase the muppets with money, bidco will probably expect to get repaid from the football club's normal income which will screw the football side of things for a long time.

However, I'm sure there are rules against this method as it would be seen as a leveraged purchase of a company ( Cav, CWG PTS come in here ) so I have no idea what would happen.

Anne Budge chairperson of HOMFC.

You would have to think that one of the conditions of putting up the money will be that the Bidsters are given a security over the assets (Tynie) which could be enforced if the repayments are not made.

[degenerated]

The foundation have recorded a song now in their bid to create history. I hope its as good as the Marshall's chunky chickens champions one from the 80's.
https://twitter.com/the_foh/status/382204516440866816

[Phil D. Rolls]

The foundation have recorded a song now in their bid to create history. I hope its as good as the Marshall's chunky chickens champions one from the 80's.
https://twitter.com/the_foh/status/382204516440866816

What a bunch of no marks. Famous for 15 seconds. If they each donated an hours wages, they would have raised more.

Typical yams, pretending to be celebrities, instead of small town big shots.

[AndyM_1875]

You would have to think that one of the conditions of putting up the money will be that the Bidsters are given a security over the assets (Tynie) which could be enforced if the repayments are not made.

And to get security over the assets and get the club they will need to have serious wedge. As my lapsed Jambo Accountant buddy states

"Unless the Lithuanians are seeing at least 8-10 million (that's Pounds not Litas and it does NOT include the working capital required to run the club) then the games up and you are looking at a Newco and a sh*tload of Humble Pie. The Lithuanians have the ground and they'll take it. What Ian Murray and his people don't seem to get is those are the cold hard rules of business and all the cake sales and semi aggressive bletherings from Hearts supporting Politicians won't change that one bit."

[Weststandwanab]

And to get security over the assets and get the club they will need to have serious wedge. As my lapsed Jambo Accountant buddy states

"Unless the Lithuanians are seeing at least 8-10 million (that's Pounds not Litas and it does NOT include the working capital required to run the club) then the games up and you are looking at a Newco and a sh*tload of Humble Pie. The Lithuanians have the ground and they'll take it. What Ian Murray and his people don't seem to get is those are the cold hard rules of business and all the cake sales and semi aggressive bletherings from Hearts supporting Politicians won't change that one bit." Andy, is your mate a lapsed Jambo or a lapsed bean counter ?

[Saorsa]

And to get security over the assets and get the club they will need to have serious wedge. As my lapsed Jambo Accountant buddy states

"Unless the Lithuanians are seeing at least 8-10 million (that's Pounds not Litas and it does NOT include the working capital required to run the club) then the games up and you are looking at a Newco and a sh*tload of Humble Pie. The Lithuanians have the ground and they'll take it. What Ian Murray and his people don't seem to get is those are the cold hard rules of business and all the cake sales and semi aggressive bletherings from Hearts supporting Politicians won't change that one bit."Which isnae going tae happen, I wish they'd stop dragging it out over in Lith land and hurry up lower the boom on the ***** once and for all.

[#FromTheCapital]

And to get security over the assets and get the club they will need to have serious wedge. As my lapsed Jambo Accountant buddy states

"Unless the Lithuanians are seeing at least 8-10 million (that's Pounds not Litas and it does NOT include the working capital required to run the club) then the games up and you are looking at a Newco and a sh*tload of Humble Pie. The Lithuanians have the ground and they'll take it. What Ian Murray and his people don't seem to get is those are the cold hard rules of business and all the cake sales and semi aggressive bletherings from Hearts supporting Politicians won't change that one bit."

Do you know how he arrives at the 8-10 million figure? I thought roughly half of that would be enough :dunno:

[Sergey]

Do you know how he arrives at the 8-10 million figure? I thought roughly half of that would be enough :dunno:

I'd imagine that that is what the stadium land has been valued at as real estate.

Remember, in all of this process, the Lithuanian administrators will get the maximum amount they can for the Lithuanian taxpayers. Keeping the club as a going concern isn't in their remit.

[PapillonVert]

And to get security over the assets and get the club they will need to have serious wedge. As my lapsed Jambo Accountant buddy states

"Unless the Lithuanians are seeing at least 8-10 million (that's Pounds not Litas and it does NOT include the working capital required to run the club) then the games up and you are looking at a Newco and a sh*tload of Humble Pie. The Lithuanians have the ground and they'll take it. What Ian Murray and his people don't seem to get is those are the cold hard rules of business and all the cake sales and semi aggressive bletherings from Hearts supporting Politicians won't change that one bit."

Yes,I should have added the proviso:"All this is on the assumption that the current security holders (or their admins) are willing to sell to FoH for something about half what they could probably get on the open market from a developer".

[MB62]

I just get the feeling they are happy to plod along indefinitely in Admin and as long as nobody rocks the boat any further, they'll just to try to see the season out in admin then worry about next season when it comes.

[lyonhibs]

When can we actually expect the end game to come? The Grim Reaper, wearing a cheap Lithuanian suit, or whoever it is that is going to put an end to their wretched existence?

I mean, are the FOH just wind-up merchants that are pishing into the wind?

[AndyM_1875]

I'd imagine that that is what the stadium land has been valued at as real estate.

Remember, in all of this process, the Lithuanian administrators will get the maximum amount they can for the Lithuanian taxpayers. Keeping the club as a going concern isn't in their remit.

Think his figure was based around the £6.8m security plus money to pay BDO.

If the CVA is knocked back the Lithuanians will take the stadium, BDO will take their fee and there will be precious little if anything in the pot left for the Creditors who should probably prepare themselves to get utterly shafted.

[CropleyWasGod]

Think his figure was based around the £6.8m security plus money to pay BDO.

If the CVA is knocked back the Lithuanians will take the stadium, BDO will take their fee and there will be precious little if anything in the pot left for the Creditors who should probably prepare themselves to get utterly shafted.

There is nothing for the unsecured creditors. That much has been made plain by BDO already.

[Ozyhibby]

Still not sure why FoH don't make an offer for that club without the stadium. They probably have enough for that and it would save them from having to newco and mean they are only relegated one division.

[AndyM_1875]

Still not sure why FoH don't make an offer for that club without the stadium. They probably have enough for that and it would save them from having to newco and mean they are only relegated one division.

There certainly appears to have been a real lack of both forethought and strategy with FoH. Still, it'll be amusing when it all goes down.

[dangermouse]

Still not sure why FoH don't make an offer for that club without the stadium. They probably have enough for that and it would save them from having to newco and mean they are only relegated one division.

Probably because without the security of the stadium the Biddies would cough up F all.

[MrSmith]

I'm not so sure it will all go down. They have been hanging on a thread for so long I would conclude, it will remain that way until the end of the season. After this ... anyone's guess??

[Treadstone]

The foundation have recorded a song now in their bid to create history. I hope its as good as the Marshall's chunky chickens champions one from the 80's.
https://twitter.com/the_foh/status/382204516440866816

https://audioboo.fm/boos/1617295-a-hhgh-sing-song

http://mameara.com/wp-content/uploads/2012/10/ep22-222x222.jpg

[Peevemor]

https://audioboo.fm/boos/1617295-a-hhgh-sing-song

http://mameara.com/wp-content/uploads/2012/10/ep22-222x222.jpg

Wow!

[Saorsa]

https://audioboo.fm/boos/1617295-a-hhgh-sing-song

http://mameara.com/wp-content/uploads/2012/10/ep22-222x222.jpgThat is ****in' awful, there's no one of them that could even carry a tune in a bucket.



:LOL:


:hahaha::jamboclow

[MB62]

Still not sure why FoH don't make an offer for that club without the stadium. They probably have enough for that and it would save them from having to newco and mean they are only relegated one division.

And where would they play? as the ground would be sold to the highest bidder for flats or whatever.

[--------]

https://audioboo.fm/boos/1617295-a-hhgh-sing-song

http://mameara.com/wp-content/uploads/2012/10/ep22-222x222.jpg


OOOOWWWWWW!!!!!!

Gonnae no dae that? :faf:

[Peevemor]

That is ****in' awful, there's no one of them that could even carry a tune in a bucket.



:LOL:


:hahaha::jamboclow


OOOOWWWWWW!!!!!!

Gonnae no dae that? :faf:

You may laugh, but just wait until they get Brian Eno in to polish it up!

[AndyM_1875]

And where would they play? as the ground would be sold to the highest bidder for flats or whatever.

A short term rental agreement with Livingston or maybe using Meadowbank with their chums on the Council charging them the square root of nowt for it's use by their pet team.
And the cost of bringing Meadowbank up to standard to host 4th tier Scottish Football games is being met by YOU, the Council Taxpayers of Edinburgh.

Meadowbank will then be sold for development and the money raised will be used to build a new Council Stadium (shall we call it New Tynecastle?) in the West of the City with that lot as primary tenants.

Sorry for my cynicism.

[lord bunberry]

The foundation have recorded a song now in their bid to create history. I hope its as good as the Marshall's chunky chickens champions one from the 80's.
https://twitter.com/the_foh/status/382204516440866816

Is 90s music icon cicero involved?

[Peevemor]

Is 90s music icon cicero involved?

I really, really hope so!

[Saorsa]

I really, really hope so!People shouldnae mock such talent :agree:



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















sorry about that :faf: :faf:

[CropleyWasGod]

A short term rental agreement with Livingston or maybe using Meadowbank with their chums on the Council charging them the square root of nowt for it's use by their pet team.
And the cost of bringing Meadowbank up to standard to host 4th tier Scottish Football games is being met by YOU, the Council Taxpayers of Edinburgh.

Meadowbank will then be sold for development and the money raised will be used to build a new Council Stadium (shall we call it New Tynecastle?) in the West of the City with that lot as primary tenants.

Sorry for my cynicism.

If FOH buy the club, they will not be 4th tier. At worst, they would be 2nd tier.

[Saorsa]

If FOH buy the club, they will not be 4th tier. At worst, they would be 2nd tier.Which is why they must be eliminated, 'mon the the Liths, pull the plug.

[007 Mickey Weir]

What is the punishment if they start next season still in admin?

[Glesgahibby]

What is the punishment if they start next season still in admin?
A poin deduction and a fine(I think:confused:)
Oh and a transfer embargo.

[clerriehibs]

What is the punishment if they start next season still in admin?


Not sure there is one, or even why there should be one. It's a penalty for effectively defaulting on debts, and making scottish fitba look bad.

All the time they're in admin, they're obliged to meet and pay all new debts. So if they're still in admin next season, they haven't done anything more to besmirch scottish fitba'. Apart from exist.

[CropleyWasGod]

Not sure there is one, or even why there should be one. It's a penalty for effectively defaulting on debts, and making scottish fitba look bad.

All the time they're in admin, they're obliged to meet and pay all new debts. So if they're still in admin next season, they haven't done anything more to besmirch scottish fitba'. Apart from exist.

As I read this, it's a further 15 points:-

Where an Insolvency Event or in the event that such Insolvency Event is part of an Insolvency Process that process, continues and/or is subsisting during a second or later Season then, for each such second or later Season, during the whole or part of which such Insolvency Event or Insolvency Process is continuing and/or subsisting, the Club concerned shall be deducted 15 points and shall start each such second or later Season in the relevant Division on minus 15 points.

[Ozyhibby]

Not sure there is one, or even why there should be one. It's a penalty for effectively defaulting on debts, and making scottish fitba look bad.

All the time they're in admin, they're obliged to meet and pay all new debts. So if they're still in admin next season, they haven't done anything more to besmirch scottish fitba'. Apart from exist.

So they can't be punished for existing? Seems wrong.

[Spike Mandela]

Is there any real need by Lithuanian administrators and Lithuanian Govt for a quick sale of Tynecastle and land? Would they not get best return by liquidating, shutting stadium and basically sitting on it until land prices inevitably rise and then sell in an auction to highest bidder.

[Glesgahibby]

Not sure there is one, or even why there should be one. It's a penalty for effectively defaulting on debts, and making scottish fitba look bad.

All the time they're in admin, they're obliged to meet and pay all new debts. So if they're still in admin next season, they haven't done anything more to besmirch scottish fitba'. Apart from exist.
I'm sure if you carry admin into a new season,then points are docked again.
They would still have a transfer embargo as that would only be lifted once they exit admin.

[clerriehibs]

As I read this, it's a further 15 points:-

Where an Insolvency Event or in the event that such Insolvency Event is part of an Insolvency Process that process, continues and/or is subsisting during a second or later Season then, for each such second or later Season, during the whole or part of which such Insolvency Event or Insolvency Process is continuing and/or subsisting, the Club concerned shall be deducted 15 points and shall start each such second or later Season in the relevant Division on minus 15 points.

I'm so happy to have my assumption proven wrong.

[AndyM_1875]

If FOH buy the club, they will not be 4th tier. At worst, they would be 2nd tier.

My scenario assumes a rejected CVA & liquidation and Newco.

[Pedantic_Hibee]

HoMFC are a laughing stock. :aok:

[CropleyWasGod]

My scenario assumes a rejected CVA & liquidation and Newco.

Okay. I was reading your post as a reply to the one that suggested FOH could buy the club. :agree:

[Glesgahibby]

To any of the guys with Lithuanian contacts,
How soon will we hear about UBIGs assets,I'm chomping at the bit :greengrin

[McD]

I just get the feeling they are happy to plod along indefinitely in Admin and as long as nobody rocks the boat any further, they'll just to try to see the season out in admin then worry about next season when it comes.

In the unlikely event that they manage to get through this entire season in administration, 15 points

:greengrin

[dangermouse]

My scenario assumes a rejected CVA & liquidation and Newco.


Okay. I was reading your post as a reply to the one that suggested FOH could buy the club. :agree:

I reckon if they become a newco they will be lucky to get into the Lowland league. The precedent set by Sevco was to enter at the lowest tier which is what the Lowland, along with the Highland league, will be next season.

[greenginger]

To any of the guys with Lithuanian contacts,
How soon will we hear about UBIGs assets,I'm chomping at the bit :greengrin


I think they are waiting for a certain Mr Romanov to come back to Lithuania and defend himself in Court.

The man has not been well don't you know !

[ronaldo7]

To any of the guys with Lithuanian contacts,
How soon will we hear about UBIGs assets,I'm chomping at the bit :greengrin

Courtesy of the the Evening news

http://www.edinburghnews.scotsman.com/sport/football/hearts/hearts-admin-bdo-want-lengthy-league-cup-run-1-3108324


BDO are still awaiting an announcement from Lithuania on who will be administrators for Ukio Bankas Investment Group (UBIG), who hold 50 per cent of shares in Hearts.

A court date has been announced for September 27, although it could then take a further three weeks for a final decision to be made by a judge.

[JollyGreenGiant]

But why is there no mention of the shares being frozen? Does this mean that the court process will automatically mean they are unfrozen? :confused:

[blindsummit]

Is 90s music icon cicero involved?

In the jambos case that would be pissero rather than cicero :greengrin

[Jack]

HoMFC are a laughing stock. :aok:

With all that laughing stock they should be making funny soup instead of cakes.

[jacomo]

Courtesy of the the Evening news

http://www.edinburghnews.scotsman.com/sport/football/hearts/hearts-admin-bdo-want-lengthy-league-cup-run-1-3108324


BDO are still awaiting an announcement from Lithuania on who will be administrators for Ukio Bankas Investment Group (UBIG), who hold 50 per cent of shares in Hearts.

A court date has been announced for September 27, although it could then take a further three weeks for a final decision to be made by a judge.

Another fine article by Banderson. He is such a talent:

Event: Hearts administrator Brian Jackson loses the plot with reporter Barry Anderson yet again for not having the slightest clue about how the finances of a football club operate, despite being paid to cover the game.

Barry: "Although he acknowledged that Hearts’ priority is surviving in the Scottish Premiership following the 15-point deduction for entering administration, Jackson explained why a cup run is also vital."

[CropleyWasGod]

But why is there no mention of the shares being frozen? Does this mean that the court process will automatically mean they are unfrozen? :confused:

Doesn't mean that at all. It will, though, make things slightly easier for BDO in that they will know who they can talk to about the shares.

[K-Zazu]

Must be so painful being a jambo
Not knowing where the next loaf of bread is coming from.

[Jack Hackett]

Must be so painful being a jambo
Not knowing where the next loaf of bread is coming from.

Let them eat cake

[oldbiker]

Let them eat cake
Or humble pie:greengrin minus the sugar

[weecounty hibby]

Or humble pie:greengrin minus the sugar

That is one thing that those shameless *******s will never eat.

[Keith_M]

I just get the feeling they are happy to plod along indefinitely in Admin and as long as nobody rocks the boat any further, they'll just to try to see the season out in admin then worry about next season when it comes.


They don't have the money to do that.

The request for people to buy extra Season Tickets was to literally buy them enough time to see them through Admin. They took in enough to keep them going for, IIRC, roughly 3 1/2 months.

Once the money runs out, they can't pay players or other bills any more and would have to either put out the begging bowl for a third time or liquidate the club.

[Deansy]

Speaking to an employee of them today who told me that BDO have called all employees of the club to a,meeting at HWU on Tue evening

Anybody heard anything about this ?

[JeMeSouviens]

They don't have the money to do that.

The request for people to buy extra Season Tickets was to literally buy them enough time to see them through Admin. They took in enough to keep them going for, IIRC, roughly 3 1/2 months.

Once the money runs out, they can't pay players or other bills any more and would have to either put out the begging bowl for a third time or liquidate the club.

As Trevor Birch has already alluded, they'll put the next year's STs on sale. Unless the Ukio admin moves, this could go on and on ...

Meanwhile, the best indicator we could get of Tiny's market value* is under offer:

http://www.novaloca.com/commercial-property/for-sale/edinburgh/17-mcleod-street/78038

Wonder how much?

*actually the old school is probably worth less/acre as more of it lies close to the distillery and it has a B listed frontage.

[Liberal Hibby]

Wonder how much?

*actually the old school is probably worth less/acre as more of it lies close to the distillery and it has a B listed frontage.

And is entirely within the COMAH zone which prevents use for housing. Only the NW corner of the football ground is affected in the same way.

[Gus Fring]

Anybody heard anything about this ?

I haven't. It would be strange to hold an evening meeting at the uni anyway I think. Why get people to trek all the way out there?


They don't have the money to do that.

The request for people to buy extra Season Tickets was to literally buy them enough time to see them through Admin. They took in enough to keep them going for, IIRC, roughly 3 1/2 months.

Once the money runs out, they can't pay players or other bills any more and would have to either put out the begging bowl for a third time or liquidate the club.

The money was to keep the club going for that period in the event of no further income. They have money coming in from match day revenues just now and this would be enough to sustain them for as long as possible. If Hearts aren't making enough money to survive now, they never will.

[1875er]

Didn't read the full story but on the front of the EEN tonight is the headline "Sold Out" stating that the council have sold the 250 capacity car park used by the Yams on Match days.... didn't see anymore of the story but sure AllisBarry will have it online soon enough.

The spin on the story was this is NOT good news for the Poppy Stealers.....

[Deansy]

Didn't read the full story but on the front of the EEN tonight is the headline "Sold Out" stating that the council have sold the 250 capacity car park used by the Yams on Match days.... didn't see anymore of the story but sure AllisBarry will have it online soon enough.

The spin on the story was this is NOT good news for the Poppy Stealers.....

Found it - http://www.edinburghnews.scotsman.com/news/hearts-tynecastle-car-park-to-be-sold-by-council-1-3110853

[robinp]

#Pleasing

[Sergio sledge]

Didn't read the full story but on the front of the EEN tonight is the headline "Sold Out" stating that the council have sold the 250 capacity car park used by the Yams on Match days.... didn't see anymore of the story but sure AllisBarry will have it online soon enough.

The spin on the story was this is NOT good news for the Poppy Stealers.....

"Former Hearts chairman Lord George Foulkes criticised the council for hitting the club when it was already struggling. He said: “There was no discussion about this, they just came and asked for the keys of the car park. Everyone else is bending over backwards to help the club – fans are doing what they can, the administrators are being helpful, most bodies are going out of their way to help.

“It really is very strange the council should take this attitude. Fans will be disappointed and annoyed. I hope they will think again.”"

Was this the site that Hearts agreed a deal to buy, subject to planning permission, with the council a few years back? If so, the Council have subsidised Hearts for the last few years allowing them to use the car park FOC whilst it cost the council £80,000 per year to keep the site. What a monumental waste of the councils money. They should have sold it years ago. Foulkes has a cheek suggesting that the council should hold onto an unused asset which could be sold for a couple of £m and pay £80,000 a year to maintain it just because Hearts are in a bad way. Ridiculous.

[Bostonhibby]

Very strange why does Lord Foulkes want a public funded body to bend over backwards to help a business that has bumped public funded bodies for hundreds of thousands. He himself enjoys a fair whack from the public purse and as a politician you'd expect him to look at the bigger public interest.

Why does the EN feel it has to challenge the council? Hopefully the sale is a good commercial one that aids the public purse, who knows it might help compensate for the various yam related shortfalls they have suffered.

What right do they feel they had to this car park?

[PapillonVert]

"Former Hearts chairman Lord George Foulkes criticised the council for hitting the club when it was already struggling.

Oh, the irony of it!

An overrated, overpaid mouthpiece who has lived off the public purse for years criticising a public body which has lost tens of thousands through unpaid council tax from HMFC.

He wants the Council to continue to lose money so that the cheats can continue to prosper. Time he got his priorities re-organised methinks and remembers that he is there to represent the public in general and not his own narrow interest in HMFC .

[PatHead]

#Pleasing

Not really. I have now just found out the council have been paying £80,000 per annum to maintain a free car park for Hearts players and Directors. What a joke and the evening news have the cheek to paint the Council as the baddies.

[HUTCHYHIBBY]

Yet more revisionism of recent history by Lord Pissy Pants, they still dinnae get that its their own fault. Why are people bending over backwards to help them?

[Spike Mandela]

Reads like media manipulation tactics similar to the HWU story about Hearts losing their facilities there. No doubt they will come to a mutual agreement. Shameless, scrounging ****ers that thinks the world owes them their existence.

[Saorsa]

Reads like media manipulation tactics similar to the HWU story about Hearts losing their facilities there. No doubt they will come to a mutual agreement. Shameless, scrounging ****ers that thinks the world owes them their existence.Well tae be fair it's only because of their victories in two worlds wars that we have a free world tae exist in.


Imagine the cooncil doing what's best for the city instead of continuing tae be bumped by them efter losing tens of thousands already. :rolleyes:

GIRFUY pishy breeks and the gorgay stealers. :hahaha::jamboclow

[inglisavhibs]

And is entirely within the COMAH zone which prevents use for housing. Only the NW corner of the football ground is affected in the same way.
And the north west corner could be fixed with a little bung to north british for moving some casks out of the warehouse (as cala were about to do)

[Bostonhibby]

Disappointed the One nation labour party doesn't pick up on this sort of stuff as its potentially damaging to the party, unless they really believe there are 400,000 yam voters out there and that they all know how to do an X when it comes to voting.

[s.a.m]

Very strange why does Lord Foulkes want a public funded body to bend over backwards to help a business that has bumped public funded bodies for hundreds of thousands. He himself enjoys a fair whack from the public purse and as a politician you'd expect him to look at the bigger public interest.

Why does the EN feel it has to challenge the council? Hopefully the sale is a good commercial one that aids the public purse, who knows it might help compensate for the various yam related shortfalls they have suffered.

What right do they feel they had to this car park?

Quite.

The EN might be better asking why the cash-strapped council have been paying (our money) for an asset, which it has gifted to a foreign-owned private company.

[GloryGlory]

Not really. I have now just found out the council have been paying £80,000 per annum to maintain a free car park for Hearts players and Directors. What a joke and the evening news have the cheek to paint the Council as the baddies.

What a joke! Public bodies are struggling to finance basic services such as care of the elderly or schools/nurseries, yet they give a private company that is shafting the public purse for £100,000s in unpaid taxes already an £80k a year subsidy!

[Bostonhibby]

Do any other Scottish football clubs enjoy council subsidised car parks?

[PapillonVert]

Not really. I have now just found out the council have been paying £80,000 per annum to maintain a free car park for Hearts players and Directors. What a joke and the evening news have the cheek to paint the Council as the baddies.

Yes, it is galling that the meedja continue to paint that cheating bunch as the victims whereas the real victims of the their financial doping from charities to local councils to HMRC to small local businesses to other football clubs etc etc who have been ripped off for literally millions are never spared a second thought.

[matty_f]

I would love to hear what favours the council extends to habitual tax payers Hibernian F.C.

[s.a.m]

"Former Hearts chairman Lord George Foulkes criticised the council for hitting the club when it was already struggling. He said: “There was no discussion about this, they just came and asked for the keys of the car park. Everyone else is bending over backwards to help the club – fans are doing what they can, the administrators are being helpful, most bodies are going out of their way to help.

“It really is very strange the council should take this attitude. Fans will be disappointed and annoyed. I hope they will think again.”"

Was this the site that Hearts agreed a deal to buy, subject to planning permission, with the council a few years back? If so, the Council have subsidised Hearts for the last few years allowing them to use the car park FOC whilst it cost the council £80,000 per year to keep the site. What a monumental waste of the councils money. They should have sold it years ago. Foulkes has a cheek suggesting that the council should hold onto an unused asset which could be sold for a couple of £m and pay £80,000 a year to maintain it just because Hearts are in a bad way. Ridiculous.

That's how I remember it.

And according to the EN:
While it creates an unwelcome problem for Hearts, the potential sale of the former Tynecastle High site will provide a welcome boost to the city’s coffers – and remove a significant financial burden.

In June, the News revealed how the city council has spent almost £250,000 of taxpayers’ money maintaining the former Tynecastle High over the last three years

Where's the outrage that they waited until this Spring (?) to put the site up for sale, to stop the haemorrhage of council tax payers money?

[PapillonVert]

Reads like media manipulation tactics similar to the HWU story about Hearts losing their facilities there. No doubt they will come to a mutual agreement. Shameless, scrounging ****ers that thinks the world owes them their existence.

Which, in the interests of fairness to all the other clubs in the league and also the increasingly hard-pressed taxpayer, should mean that they pay an economic rent for any use they make of public land. But it probably won't.

Shameless.

[GloryGlory]

I would love to hear what favours the council extends to habitual tax payers Hibernian F.C.

The right to keep paying our taxes in full and on time. :agree:

[steviehibsleith]

The penny has dropped at last with someone at the council , all deluded plans of new stands and hotels are gone . The council are now selling up, really would be interested to find out who and for how much the small car park has hone for. Hopefully Lovell affordable housing will let us know .....

[Pedantic_Hibee]

The EEN have responded to me on twitter. A bit of backtracking going on. They agree with the action, not the timing.

[Bostonhibby]

The EEN have responded to me on twitter. A bit of backtracking going on. They agree with the action, not the timing.

When it comes to providing cash for hard pressed public services for those who do pay their taxes timing is crucial, the sooner the council get the cash in the better, only priority here, especially as they were losing money paying for the car park.

[clerriehibs]

The EEN have responded to me on twitter. A bit of backtracking going on. They agree with the action, not the timing.

What's wrong with the timing? That it happened while homfc are in admin?

The een didn't like my comment that I couldn't wait for hmfc to die, and removed it. Must be yams on mod duty today.

[inglisavhibs]

The EEN have responded to me on twitter. A bit of backtracking going on. They agree with the action, not the timing.
On another note, who owns that old bank building on St Andrew Square? i don't know who actually bought it, Romanov, Ukio or Ubig. Maybe the asset transfers to the Bank that took over Ukio.:confused::confused::confused:

[Seveno]

The reaction of Fatty Foulkes, Hearts and FoH is disgraceful. How dare they criticise the Council for acting in the best interests of tax payers and ending this subsidy. They cheated and now they should pay.

Interesting that the Council was able to sell the school so easily. Perhaps it is to someone who is equally ready to purchase the site next door when it soon becomes available. The bigger the overall site, the greater the value as it allows more flexibility.

I'm sure this has not gone unnoticed in Lithuania.

[StevieC]

They have money coming in from match day revenues just now and this would be enough to sustain them for as long as possible. If Hearts aren't making enough money to survive now, they never will.

Are you sure?

Given that the majority in attendance will be getting in free (10,000 season tickets sold we were told) it only leaves a small percentage of paying customers.
Even if they get £75k from walk ups you will have policing costs, stewarding, and many other match day costs deducted. It also has to last for at least 2 weeks, not just the weekend of the game.

[HFC07]

And is entirely within the COMAH zone which prevents use for housing. Only the NW corner of the football ground is affected in the same way.

Thats ok those new flats on Tyncastle will need Car Parking facilities - Stick that in the NW corner. :greengrin

[Pedantic_Hibee]

What's wrong with the timing? That it happened while homfc are in admin?

The een didn't like my comment that I couldn't wait for hmfc to die, and removed it. Must be yams on mod duty today.

Nearly 250k has been spent maintaining it for HoMFC. It should have been sold three years ago if you ask me. 80k a year? Or just over a months wages for Zaliulas in other words.

The EEN is an absolute rag. Too scared to lose it's readership by printing truths about HoMFC.

[Seveno]

Would it be possible to reset the poll for this thread and change the top optio to :

I want this skanky mob to die now and never ever exist in any shape or form.

[Saorsa]

Would it be possible to reset the poll for this thread and change the top optio to :

I want this skanky mob to die now and never ever exist in any shape or form.I find it hard tae believe that less than 50% who have voted want that cheating, thieving, despicable, shameless, institution of charity robbers tae disappear from the face of this earth.


**** h****s

[The Falcon]

Nearly 250k has been spent maintaining it for HoMFC. It should have been sold three years ago if you ask me. 80k a year? Or just over a months wages for Zaliulas in other words.

The EEN is an absolute rag. Too scared to lose it's readership by printing truths about HoMFC.

Totally. It seems that they have only put the property on the market once it became abundantly clear that Hearts were totally potless. They set it by as Hearts had promised to buy it and ECC paid for the upkeep when, as you state, they could have bought it for a couple of players salaries. More questions than answers methinks.

[Seveno]

I find it hard tae believe that less than 50% who have voted want that cheating, thieving, despicable, shameless, institution of charity robbers tae disappear from the face of this earth.


**** h****s

That's why I want the poll reset. I'm sure plenty of people will have changed their mind since Administration. Their total lack of contrition and constant begging for help will have angered more than just you and me.

[dangermouse]

After being challenged by the News on the matter, however, city chiefs have now agreed a one-week stay of execution – giving Hearts more time to find alternative arrangements ahead of their game against St Mirren on October 5.


A council spokeswoman said: “The use of the former Tynecastle High School car park by Hearts FC was a local arrangement between the school and the club. The council notified Hearts of our intention to market this over two months ago and the site is currently under offer. We will be giving the club access to the car park for tonight’s match and this coming weekend due to concerns raised about the impact on local traffic.

So they have had plenty of time to make other arrangements but as usual do burger all. Hardly the council's fault they'll not have anywhere to park their cars. Maybe Hibs could rent them their car parking facilities on match days :greengrin

[Part/Time Supporter]

The penny has dropped at last with someone at the council , all deluded plans of new stands and hotels are gone . The council are now selling up, really would be interested to find out who and for how much the small car park has hone for. Hopefully Lovell affordable housing will let us know .....

It's not the small car park beside the ticket office they're talking about (the picture and caption in the EEN article is misleading). I think that belongs to HMFC and is mainly being used on matchdays for emergency services. The site that is being sold is the old Tynie High School, which the council has been maintaining over the last few years because they agreed to sell to Romanov when he was talking about expanding the PBS. CEC put the site up on the open market soon after HMFC went bust.


Totally. It seems that they have only put the property on the market once it became abundantly clear that Hearts were totally potless. They set it by as Hearts had promised to buy it and ECC paid for the upkeep when, as you state, they could have bought it for a couple of players salaries. More questions than answers methinks.

They couldn't have bought the school site for a couple of salaries! All that would have covered is the upkeep costs that CEC were incurring.


So they have had plenty of time to make other arrangements but as usual do burger all. Hardly the council's fault they'll not have anywhere to park their cars. Maybe Hibs could rent them their car parking facilities on match days :greengrin

Also nothing to stop HMFC contacting the new owner to see if they would be willing to let them continue using the site.

[Barney McGrew]

Also nothing to stop HMFC contacting the new owner to see if they would be willing to let them continue using the site.

The difficulty for them being that the new owners are unlikely to be as 'accommodating' as their muckers at CEC.

[Gus Fring]

Are you sure?

Given that the majority in attendance will be getting in free (10,000 season tickets sold we were told) it only leaves a small percentage of paying customers.
Even if they get £75k from walk ups you will have policing costs, stewarding, and many other match day costs deducted. It also has to last for at least 2 weeks, not just the weekend of the game.

They've been getting attendances of around 15k at home games as well as a portion of the income from some of their away games as well, tack on to that an increase in hospitality attendance as well as the other small stuff like catering, mascots, donations, merchandise etc, my understanding is they can last for a while yet. Of course, that all changes if they leave admin and have to start paying their staff and players aren't taking pay cuts and fans aren't shelling out to save their club.

Right now (season ticket sales aside) Hearts probably have the biggest matchday turnover outside of the Old Firm and their costs are very low as they aren't paying out as much as they would be if they were not in Admin.

Long story short, they are likely fine to continue for the rest of the season but they are still buggered when it comes to a) getting out of admin and into the hands of a buyer and b) being a sustainable business whilst also being successful on the park. In b) I'm strongly of the opinion when it comes to Hearts, only one of those is possible.

[Sergio sledge]

The EEN have responded to me on twitter. A bit of backtracking going on. They agree with the action, not the timing.

They gave them 2 months notice that they would be selling it. Plenty of time for Hearts to make alternative arrangements or at least let their fans know at games that the car park is likely to be sold on and unavailable for use.

[The Falcon]

They couldn't have bought the school site for a couple of salaries! All that would have covered is the upkeep costs that CEC were incurring.



Maybe more than a couple then :greengrin

[clerriehibs]

I find it hard tae believe that less than 50% who have voted want that cheating, thieving, despicable, shameless, institution of charity robbers tae disappear from the face of this earth.


**** h****s

**** hearts

[Pedantic_Hibee]

JKB mutants raging that CEC aren't bending over backwards to help them. Deluded, cheating tramps.

[Barney McGrew]

They've been getting attendances of around 15k at home games as well as a portion of the income from some of their away games as well, tack on to that an increase in hospitality attendance as well as the other small stuff like catering, mascots, donations, merchandise etc, my understanding is they can last for a while yet. Of course, that all changes if they leave admin and have to start paying their staff and players aren't taking pay cuts and fans aren't shelling out to save their club.

Most of their attendance comprises of cheap season tickets that they've already had the money for, and the walk ups will start to dwindle once the initial euphoria of saving Hertz starts to ebb away and they're getting pumped on a weekly basis. They've also had the three biggest away supports they'll have already in Celtc, Eberdeen and us so they won't be getting much from the away gate either.

Incidentally, their catering deal is the same as ours IIRC with an outside company paying for rights to do it - Hertz make nothing from the actual sales. Also, their hospitality sales are way down on last year from what I understand.

[robinp]

Most of their attendance comprises of cheap season tickets that they've already had the money for, and the walk ups will start to dwindle once the initial euphoria of saving Hertz starts to ebb away and they're getting pumped on a weekly basis. They've also had the three biggest away supports they'll have already in Celtc, Eberdeen and us so they won't be getting much from the away gate either.

Incidentally, their catering deal is the same as ours IIRC with an outside company paying for rights to do it - Hertz make nothing from the actual sales. Also, their hospitality sales are way down on last year from what I understand.

Begging bowl statements from the admins, slating the uptake of hospitality packages for recent games, does not bode well! :na na:

[CallumLaidlaw]

JKB mutants raging that CEC aren't bending over backwards to help them. Deluded, cheating tramps.

Ignoring the fact that CEC have virtually donated £250k to them over the last 3 years!

[Pedantic_Hibee]

Ignoring the fact that CEC have virtually donated £250k to them over the last 3 years!

And the fact HoMFC have shafted public funded bodies, as well as their council tax. They're disgusting and have no remorse whatsoever. Even through administration and the realisation of the horrible, inexcusable robbing of charities and poppy funds, they still behave in such arrogant fashion. They need destroyed. Lock the gates, flush them down the pan and finally rid Edinburgh of this disgraceful skidmark on the y-fronts of society.