Share Transfers Agreed/Cooling off period

[Judas Iscariot]

It would seem this property developer has put a spanner in the works :wink:

It definately has :agree:

[Bostonhibby]

It would seem this property developer has put a spanner in the works :wink:

:confused: but how? cannae see it myself, they are a big team, they have got independent Ian, Fannies, biddies, diddies and didnaes, then there's the war, their own personal battalion, Fatty Foulkes....................... and what about that brass plate on the front of the stadium?

No property developer could ever get past all that.

[#FromTheCapital]

Stuart Bathgate ‏@stuart_bathgate 13m (https://twitter.com/stuart_bathgate/status/403544217449803776) Ubig administrators want more time to assess the situation. CVA can still be agreed next Friday. Cooling-off period of 30 days would follow.

[southsider]

It would seem this property developer has put a spanner in the works :wink:

Bulldozers 1 up after 20 mins. Looking good. Anything that upsets that pr*ck Murray is fine by me.

[Leithenhibby]

Stuart Bathgate ‏@stuart_bathgate 13m (https://twitter.com/stuart_bathgate/status/403544217449803776) Ubig administrators want more time to assess the situation. CVA can still be agreed next Friday. Cooling-off period of 30 days would follow.

And it should work out in the end, more time to get a clearer picture :greengrin

Stuart Bathgate ‏@stuart_bathgate 16m
@ClaireHammond Not to worry. Week's delay should work in HMFC favour if anything. Gives Ubig administrators time to get clearer picture.

Why would it be in their favour?.....

[hibbymick]

Stuart Bathgate ‏@stuart_bathgate 13m (https://twitter.com/stuart_bathgate/status/403544217449803776)Ubig administrators want more time to assess the situation. CVA can still be agreed next Friday. Cooling-off period of 30 days would follow.

Theres a can o worms been opened, im convinced :agree:

[andrew70]

@stuart_bathgate: @ClaireHammond Not to worry. Week's delay should work in HMFC favour if anything. Gives Ubig administrators time to get clearer picture.

Bathgate's latest tweet. I love how this idiot and his partner in crime Banderson haven't got a clue what they are on about yet everything is deemed a positive...

[Hibercelona]

And it should work out in the end, more time to get a clearer picture :greengrin

Stuart Bathgate ‏@stuart_bathgate 16m
@ClaireHammond Not to worry. Week's delay should work in HMFC favour if anything. Gives Ubig administrators time to get clearer picture.

Why would it be in their favour?.....

Are they taking pictures of the stadium to flog off to Hearts fans before they knock it down? :dunno:

[MB62]

CVA Meeting put back until the 29th - according to Bathgate on twitter

Which was the date for their shareholders meeting apparently, which would then have required a 30 day cooling off period for any accepted CVA so they will now be in to January at the earliest, assuming there are no more hitches of course.:greengrin

[Leithenhibby]

Theres a can o worms been opened, im convinced :agree:

I sure would like to think your right, but lets try and keep a lid on it... :wink:


Are they taking pictures of the stadium to flog off to Hearts fans before they knock it down? :dunno:

This has been the best thread in football forum history............

[greenginger]

It would seem this property developer has put a spanner in the works :wink:

Surely not this one ? :greengrin




http://www.morstonassets.com/about-us/our-team/

[Scònaldò]

It definately has :agree:

Definitely? :wink:

[Mikey]

@stuart_bathgate: @ClaireHammond Not to worry. Week's delay should work in HMFC favour if anything. Gives Ubig administrators time to get clearer picture.

Bathgate's latest tweet. I love how this idiot and his partner in crime Banderson haven't got a clue what they are on about yet everything is deemed a positive...

Indeed. Why would these organisations, who are supposed to be going to roll over and accept whatever BDO offers them, need an extra week?

There's only one reason....................

[green glory]

Indeed. Why would these organisations, who are supposed to be going to roll over and accept whatever BDO offers them, need an extra week? There's only one reason....................

Is that the distant sound of JCBs starting so hear?

Vroom vrooom!

[andrew70]

Indeed. Why would these organisations, who are supposed to be going to roll over and accept whatever BDO offers them, need an extra week?

There's only one reason....................

It certainly goes against the notion that everything was all set to be agreed and the meeting was just a formality.

I hope there is only one reason but I'll let it play out before I get too excited. The Lithuanians have surely got to make them pay?

[green.and.white]

The delayed meeting surely indicates that they plan to reject FOH's bid?

Other parties involved who have indicated to the Liths that they will guarantee over 2.5 million maybe needing another week to sort out the structure from their end?

[green glory]

This possibly adds a bit weight to the possibility discussed previously about a developer now offering more for the site of the maroon piggery than FOH.

[Glesgahibby]

UBIGs administrators calling for a time out ?
no Shirley not,they have to toe the line with the UKIO admins :greengrin
I'll say it again "tynecastle is going,going,gone!":wink:

[hibbymick]

Surely not this one ? :greengrin




http://www.morstonassets.com/about-us/our-team/

:devil:

[Onceinawhile]

Not convinced this changes too much. It wasn't going to be fully approved until next Friday anyway at the shareholders meeting. If it's approved next week the cooling off period would end just before January...

That is, unless the bid for tynie separately has been made in which case happy days. Seems strange that the ukio admin requested a delay not ubig?

Suggests to me there may be some truth in it.

I'd find relegation and losing Tynecastle much more palatable than just relegation.

[greenginger]

Indeed. Why would these organisations, who are supposed to be going to roll over and accept whatever BDO offers them, need an extra week?

There's only one reason....................


The UBIG admin. has got to find the Yam shares first. Vlad must have left them in a drawer when he bolted.

[JeMeSouviens]

A MEETING of Hearts’ creditors scheduled for tomorrow at Tynecastle has been adjourned for seven days at the request of Ukio Bankas and Ukio Bankas Investment Group (UBIG).

Both Lithuanian companies claim they need more time to assess the situation ahead of a proposed vote on a Creditors’ Voluntary Arrangement (CVA), which would allow Hearts to exit administration if accepted.

If Banderson is right (yeah, I know) then the fact that it's both companies' liquidisers and not just the recently appointed UBIG one that want the delay is good news indeed. :wink:

[hibees 7062]

Surely not this one ? :greengrin




http://www.morstonassets.com/about-us/our-team/

They wouldnt get permission to build.................................Again :rolleyes:

[GlasgowHibee]

Going to try and not get too excited over this news - for us business jargon illiterate folk, this must put a dent in the CVA bid?

[hibees 7062]

The UBIG admin. has got to find the Yam shares first. Vlad must have left them in a drawer when he bolted.

Theyre in the safe beside the fans shares certs , its the key thats been misplaced :greengrin

[#FromTheCapital]

It's quite possible that UKIO and UBIG have already decided what their decision is and that there is no point in flying to Edinburgh for a meeting today at considerable cost only to repeat the whole process next week.



:faf::faf::faf:

[SmithyHibee]

If Banderson is right (yeah, I know) then the fact that it's both companies' liquidisers and not just the recently appointed UBIG one that want the delay is good news indeed. :wink:

Agreed, it's not like they could come to a joint decision as they are of course in no way connected .......

[Hibercelona]

:faf::faf::faf:

Astonishing.

[TRC]

is there any rule about how long you can be in admin?

[Arch Stanton]

Now that one developer has shown the initiative to jump into the process I would imagine others will be doing their sums with a view to doing the same - could get a bit messy.

You'd wonder why BDO hasn't already asked for expressions of interest, or somesuch, before now. The fact they want Hearts to be a going concern (to maximise value to creditors) should only mean staying at tiny till the end of the season IMO.

[CropleyWasGod]

Now that one developer has shown the initiative to jump into the process I would imagine others will be doing their sums with a view to doing the same - could get a bit messy.

You'd wonder why BDO hasn't already asked for expressions of interest, or somesuch, before now. The fact they want Hearts to be a going concern (to maximise value to creditors) should only mean staying at tiny till the end of the season IMO.

They did, with an ad in the Financial Times, right back at the start of the process.

[Ross4356]

Now that one developer has shown the initiative to jump into the process I would imagine others will be doing their sums with a view to doing the same - could get a bit messy.

You'd wonder why BDO hasn't already asked for expressions of interest, or somesuch, before now. The fact they want Hearts to be a going concern (to maximise value to creditors) should only mean staying at tiny till the end of the season IMO.

When did this happen?

[Gmack7]

Now that one developer has shown the initiative to jump into the process I would imagine others will be doing their sums with a view to doing the same - could get a bit messy.

You'd wonder why BDO hasn't already asked for expressions of interest, or somesuch, before now. The fact they want Hearts to be a going concern (to maximise value to creditors) should only mean staying at tiny till the end of the season IMO.

has the developer story been confirmed or is it wishful thinking

[#FromTheCapital]

Suspect the developer rumour is pish. Delays were predicted on here before this rumour started, although it does appear to tie in nicely. In any case a random jambo on twitter is hardly a reliable source

[JeMeSouviens]

Suspect the developer rumour is pish. Delays were predicted on here before this rumour started, although it does appear to tie in nicely. In any case a random jambo on twitter is hardly a reliable source

Me too, but this delay coupled with the resignations from prominent Muppets at least raises an eyebrow.

[Pete]

Suspect the developer rumour is pish. Delays were predicted on here before this rumour started, although it does appear to tie in nicely. In any case a random jambo on twitter is hardly a reliable source

Maybe, but there's also the possibility that it's sinking in just how cheap this land is going for.

I'm not sure buying the assets for 3 or 4 million would be that bad a gamble.

[Arch Stanton]

has the developer story been confirmed or is it wishful thinking.

Even if it wishful thinking the story could still start a ball rolling

[GreenLake]

Short cakes, long bulldozers

[Jack Hackett]

.

Even if it wishful thinking the story could still start a ball rolling

One of those big metal ones on the end of a crane :pray:

[s.a.m]

Suspect the developer rumour is pish. Delays were predicted on here before this rumour started, although it does appear to tie in nicely. In any case a random jambo on twitter is hardly a reliable source

Who cares? Get it trending! :greengrin

[semaj64]

Maybe, but there's also the possibility that it's sinking in just how cheap this land is going for.

I'm not sure buying the assets for 3 or 4 million would be that bad a gamble.

Especially with council looking to pump money into the East end and other areas in Edinburgh on the up. With tram stop at Murrayfield there is potential for the Vlad Hotel complex to be realised which could be a sound investment at today's prices.

[Arch Stanton]

Who cares? Get it trending! :greengrin

That's true - and maybe get the rumour starter to start a bidding war!

[Seveno]

Surely not this one ? :greengrin




http://www.morstonassets.com/about-us/our-team/

Tom Harrison is a master at realising the full potential for a development site.

[Jim44]

Definitely? :wink:

........ Pedant! :-) Mind you, Judas spelled it just like 50% of folk pronounce it - 'definATEly' I'm no word snob but that pronunciation of the word gets up my nose.

[Famous Fiver]

Are we seriously suggesting STF is involved in a bid for the stadium? That is just orgasmic. Karma for Wallet Mercer or what? What goes round comes round............. Please let it be true!!! I can't take it in...........Mon the Hibs!!!

[Bishop Hibee]

Any prospective developer of Tiny should factor in the profit to be made charging Hibs fans wishing to have their photos taken amid the rubble.

[Seveno]

Any prospective developer of Tiny should factor in the profit to be made charging Hibs fans wishing to have their photos taken amid the rubble.

£20 a time for 10 minutes on the bulldozer.

[Dashing Bob S]

I'm sure it's nothing to worry about and it only means that the FOH CVA has gone from being 'inevitable' to '95% certain'.

I'm also certain that it'll all be sorted out tomorrow...err, sorry, tomorrow week on the 29th, when I fully expect the FOH CVA to be approved and end of administration and all the uncertainty surrounding the club. :fibber:

[Hibercelona]

Any prospective developer of Tiny should factor in the profit to be made charging Hibs fans wishing to have their photos taken amid the rubble.

And next to the marble statue of Sir Vladimir Romanov.

[monktonharp]

.

Even if it wishful thinking the story could still start a ball rolling

Initially, I thought it was a red herring but it is now building momentum and could actually be a full-on shiny silver slippery herring, looking for a slight tear in the BDO net:wink:

[hibees 7062]

£20 a time for 10 minutes on the bulldozer.

:grr: Petrie

[Haymaker]

Any prospective developer of Tiny should factor in the profit to be made charging Hibs fans wishing to have their photos taken amid the rubble.

**** that, I want to buy a bit of it to piss on it for the rest of my life.

[monktonharp]

Any prospective developer of Tiny should factor in the profit to be made charging Hibs fans wishing to have their photos taken amid the rubble.I'll start the bidding with £100 a photy.:greengrin

[Keith_M]

After the success of the East Stand Bricks, STF has realised how much more money he could get from us by selling Tynecastle Bricks.

[greenginger]

Are we seriously suggesting STF is involved in a bid for the stadium? That is just orgasmic. Karma for Wallet Mercer or what? What goes round comes round............. Please let it be true!!! I can't take it in...........Mon the Hibs!!!

Honest, the Morsten Assets link was just a joke.

If STF was involved it would be through something a lot less obvious.

He's got Petrie's position at the SFA to consder.

[Geo_1875]

I'm sure the delay is only because the Ukio and UBIG admins couldn't agree who would bend over and get screwed first.

[Winston Ingram]

Statement from F off Hearts

http://progress-sc.com/wp-content/uploads/2013/11/Media-Release-Adjournment-of-Creditors-Meeting-21st-November-2013.pdf

[Sergey]

I'm sure it's nothing to worry about and it only means that the FOH CVA has gone from being 'inevitable' to '95% certain'.

I'm also certain that it'll all be sorted out tomorrow...err, sorry, tomorrow week on the 29th, when I fully expect the FOH CVA to be approved and end of administration and all the uncertainty surrounding the club. :fibber:

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine.

I see FoH issued the following:


ADJOURNMENT OF CREDITORS MEETING

Following today’s announcement by BDO that tomorrow’s creditors meeting will be adjourned at the request of the administrators of Ukio Bankas and UBIG, the Foundation of Hearts released the following statement.
A spokesperson for the Foundation of Hearts said:
“We note today's news that the creditors meeting to consider a CVA, tomorrow is to be adjourned at the request of the administrators of Ukio Bankas and UBIG.
"Whilst we understand this is an anxious time for everyone involved in Hearts, we fully understand the request for the administrators to have more time to consider the proposal.
"The overall timescales do not change, and we remain calm, steadfast and focused towards our objective.
“The continued patience of the supporters is appreciated as we do all we can to get Hearts out of administration."
<ENDS>

Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do.

Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots.

The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle.

[Aldo]

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine. I see FoH issued the following: Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do. Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots. The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle.

If this is indeed the case then do we think the Liths have had an independent survey done and realise that they can get quite a bit more than the measily sum put forward by FOH, for the PBS and land.... Or will they just take the money and do one??

[Winston Ingram]

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine.

I see FoH issued the following:



Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do.

Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots.

The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle.

They (JKB)seem to think the chemical issue is going to be their saviour

[Sergey]

If this is indeed the case then do we think the Liths have had an independent survey done and realise that they can get quite a bit more than the measily sum put forward by FOH, for the PBS and land.... Or will they just take the money and do one??

There was a post on the PM forum about 6 months ago that named the surveyors who undertook the assessment.

Blackpool Hibs might be your best bet for more info.

[soupy]

That's true - and maybe get the rumour starter to start a bidding war!

The last thing ye want is another war, dontcha know they've already won one against the Germans. ;-)

[Moon unit]

....Any truth in the rumour that Miley's classic pop-pap hit 'Wrecking Ball' will be played At the PBS before the next home game?..:greengrin

[WhileTheChief..]

So after all the theories and speculation on here it all comes back to the original argument of 'Why would they accept £2.5M?'.

If it's the only offer on the table then of course they are going to take it.

[Mikey]

So after all the theories and speculation on here it all comes back to the original argument of 'Why would they accept £2.5M?'.

If it's the only offer on the table then of course they are going to take it.

If it was as easy as that, why not just offer £1m? Or less?

[Jdawg]

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine.

I see FoH issued the following:



Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do.

Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots.

The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle. The Floating charge becomes fixed (crystallises) when the company goes into winding up or a recevier is app.ointed. So its now a fixed charge thus the creditor gains a real right to the assets. The assets from the original floating charge can be part or all assets dpending on the content of the charge at the time (guaranteed its all assets). BDO prancing about like they have hearts best interest, however, they were not appointed by hearts if i recall correctly.

[inglisavhibs]

They (JKB)seem to think the chemical issue is going to be their saviour
The only issue that needs resolved to get planning permission for houses is the North British warehouse closest to Tynecastle. It's full of casks and would need to be emptied. North British were willing, in fact agreed to do this when Cala were buying the land. Cala however were giving the Distillery a bung of around £1m to make it happen. Land prices are on the up in Edinburgh again and any buyer who gets that land for less than £6m has a real bargain. The Lithuanians are either naive or daft if they accept the ridiculous offer being made to them but like a lot of us you get the feeling that Hearts are going to get very lucky and will somehow squirm out of the mess they are in.

[Kato]

Quick question for the experts/itk guys here, is it OK to call tynecastle "typcastle" and, if not, is it OK to call it "bumcastle"? Cheers.

[inglisavhibs]

So after all the theories and speculation on here it all comes back to the original argument of 'Why would they accept £2.5M?'.

If it's the only offer on the table then of course they are going to take it.
But it's not the only offer as they have security on the land/ stadium which is worth considerably more. (despite all the propaganda) What seems to be in Hearts favour is that the amount that they can recover from Scotland is a very small percentage of the overall debt and they may just take the paltry offer and wash their hands of it.

[Weststandwanab]

If this is indeed the case then do we think the Liths have had an independent survey done and realise that they can get quite a bit more than the measily sum put forward by FOH, for the PBS and land.... Or will they just take the money and do one?? The former !


The last thing ye want is another war, dontcha know they've already won one against the Germans. ;-) I like that !


If it was as easy as that, why not just offer £1m? Or less? Firstly the £2.5m is the best they can offer and secondly it is what they reckon is enough to see off all other interested parties !


The Floating charge becomes fixed (crystallises) when the company goes into winding up or a recevier is app.ointed. So its now a fixed charge thus the creditor gains a real right to the assets. The assets from the original floating charge can be part or all assets dpending on the content of the charge at the time (guaranteed its all assets). BDO prancing about like they have hearts best interest, however, they were not appointed by hearts if i recall correctly. Exactly.

[MurrayfieldHibs]

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine.

I see FoH issued the following:



Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do.

Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots.

The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle.

It's also worth noting that the role of the administrators is to realise more value for shareholders than would have happened if the company were liquidated immediately - including taking into account the (sky high) charges of the administrators.

As with all administrators BDO charge handsomely for their work and a guestimate of £0.5-1m fees so far would be about right. That would mean £1.5-£2m left over for shareholders. The Liths are not fools and they will know that they can get more than that for the remaining assets.

[Dashing Bob S]

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine.

I see FoH issued the following:



Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do.

Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots.

The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle.

Agree with just about everything Sergey, though there's one word I'm a little contentious over. I've taken the liberty of highlighting it in your text.

[Sergey]

Agree with just about everything Sergey, though there's one word I'm a little contentious over. I've taken the liberty of highlighting it in your text.

:top marks

The first rule in publishing....never proof-read your own work.

:brickwall and another :brickwall for such an elementary error on such an important issue.

[semaj64]

But it's not the only offer as they have security on the land/ stadium which is worth considerably more. (despite all the propaganda) What seems to be in Hearts favour is that the amount that they can recover from Scotland is a very small percentage of the overall debt and they may just take the paltry offer and wash their hands of it.

Surely then others would try and follow suit, if Hearts can offer a paltry amount and get away with it then why can't we, do they want to be seen as pushovers!

[Cabbage East]

FAO the accountants.

Can any of you guys confirm if "World war winners" goes in the intangibles heading on a balance sheet? Or is it an asset?

[Dashing Bob S]

It never fails to amaze me the high level of expertise that desperate Hearts supporters, masochistic Hibs supporters and Scottish sports journalists have on the inner workings of the minds of accountants, administrators, lawyers, police officials and politicians in Lithuania.

To the extent of predicting the 'inevitability' of this CVA.

There is NOTHING inevitable about it.

[WhileTheChief..]

It never fails to amaze me the high level of expertise that desperate Hearts supporters, masochistic Hibs supporters and Scottish sports journalists have on the inner workings of the minds of accountants, administrators, lawyers, police officials and politicians in Lithuania.


This will sound like a dig but its not meant that way, but couldn't the above also describe those of you on here saying that Hearts demise is on its way?

[Geo_1875]

The admins have known what was on the table for ages. They will also be aware of the value of Tynie and any planning problems. If they were going to accept the CVA offer why the delay for another week to mull it over? Can only be good news.

[WhileTheChief..]

If it was as easy as that, why not just offer £1m? Or less?


My guess would be that they agreed on the £2.5M ages ago but couldn't do anything until UBIG had an administrator.

I've honestly no idea. But if half the stuff on here was accurate the media would be all over the Hearts situation. As it is there's a handful of folk on here saying that everybody else has got it wrong.

I would agree that there's a chance the CVA could fail but I find it hard to believe that BDO, FOH and the media have all got it wrong.

Maybe I'm just a masochistic Hibby!

[Aldo]

There was a post on the PM forum about 6 months ago that named the surveyors who undertook the assessment. Blackpool Hibs might be your best bet for more info.

Cheers fur that. :-)

[Springbank]

It's page 1-0 6-2 (according to my phone)

Get me wotherspoon, paatelainen (3), zitelli, o'Neil & Latapy now!

[Green Blood]

I want them gone and was thinking that if I had been offered the chance to finish them of for a one off payment of £500 I would have jumped at the chance. If fellow Hibbies had jumped in, 7,000 of us could raise £3.5 million! Just to think that your donation was enough to finish the wee team off would be something to make you smile every day for rest of your life.

Pretty sure with the economic recovery in full swing, we could all have made a profit on our investment, biggest win-win ever. Lets offer £3.5 million now and raise the money, we can do this!!

GGTTH

[Mellow Hibee]

My guess would be that they agreed on the £2.5M ages ago but couldn't do anything until UBIG had an administrator.

I've honestly no idea. But if half the stuff on here was accurate the media would be all over the Hearts situation. As it is there's a handful of folk on here saying that everybody else has got it wrong.

I would agree that there's a chance the CVA could fail but I find it hard to believe that BDO, FOH and the media have all got it wrong.

Maybe I'm just a masochistic Hibby!

The Media don't know anything that they're not told by Hearts. FOH have a vested interest in continuing to say that all is barry. BDO, I kind of agree with, I would rather they were more nervous right now but then I've never been that comfortable with the conflict between getting the best deal for the creditors and keeping the club as a going concern. I think that they would view liquidation as a failure on their part even if it got a better deal for UKIO.

Equally, I think if you've got a c£5.5M piece of land to sell then an advert in the online versio of the FT isn't enough to do to drum up business, though they (or UKIO) may have been more proactive in looking for a sale than we've been led to believe.

I still think that they'll struggle through unfortunately but I don't think that it's as cut and dry as some seem to think.

[greenginger]

http://www.scotsman.com/sport/football/latest/hearts-cva-meeting-postponed-to-next-friday-1-3197799

According to the Scotsman, the UBIG admin. has only recently been appointed and requires time to consider the CVA proposals.

How long does it take to consider an offer of ........ Nil Zilch Zero Nought ****-all etc. :greengrin

[Bostonhibby]

Any prospective developer of Tiny should factor in the profit to be made charging Hibs fans wishing to have their photos taken amid the rubble.
How much to be buried there with my 0-7 programme? I can get up by car in about 5 hours and if it understandably takes the developers a day or two to clear the toxins from the site I am willing to hang around :-)

[greenginger]

http://www.lrytas.lt/-13848094021383212767-fbk-kauno-bankrotas-d-%C4%8Desnauskiui-teks-u%C5%BEmir%C5%A1ti-800-t%C5%ABkst-lit%C5%B3.htm
Interesting article on the liquidation of F C Kaunus. There only assets are a 2 bed flat, one bus and several very old cars.

Biggest football creditor was David Cesnauskis , who was lent to Hearts because Lith. taxes were lower. That worked well.

[Leithenhibby]

http://www.scotsman.com/sport/football/latest/hearts-cva-meeting-postponed-to-next-friday-1-3197799

According to the Scotsman, the UBIG admin. has only recently been appointed and requires time to consider the CVA proposals.

How long does it take to consider an offer of ........ Nil Zilch Zero Nought ****-all etc. :greengrin

:wink:

Is this the same CVA proposal that they (YAMS) were saying is cut and dry :cb

#squeckyerse

[TrinityHibs]

I saw a draft set of particulars for a site on Gorgie Road today. It will be coming to the market in the next week or so. It's about one quarter the size of the wongadome. The guys who own it have already been offered more than £2,000,000 and have turned it down. Does anybody want to pass this on to our friends in Lithuania.

[Ronniekirk]

:wink:

Is this the same CVA proposal that they (YAMS) were saying is cut and dry :cb

#squeckyerse
CVA. Cynical vile antics We all know why they are in this mess ant wait to rip them apart in New Year Derby with Big Tells new Look team firing on all cylinders by then and Transfer embargo still firmly in place If I hear another plea about young players careers being in jeopardy if they can't sign new players in January my Heart Bleeds for them , Natural Justice needs to be seen through :thumbsup:

[Mikey]

I saw a draft set of particulars for a site on Gorgie Road today. It will be coming to the market in the next week or so. It's about one quarter the size of the wongadome. The guys who own it have already been offered more than £2,000,000 and have turned it down. Does anybody want to pass this on to our friends in Lithuania.

There'll be a link available when it goes live eh? :wink:

[DC_Hibs]

Edinburgh council should have done the decent thing that the local council in Gloucester did with the "house of horrors" at 25 Cromwell Road.

"This house, with so many macabre associations, was bought by the local council and flattened in the autumn of 1996 - with the rubble of the property taken away to be ground up so that nothing was left." http://news.bbc.co.uk/1/hi/magazine/3593137.stm

Gorgie Road has of course been associated with many more sex offenders than Cromwell Road.

[monktonharp]

I want them gone and was thinking that if I had been offered the chance to finish them of for a one off payment of £500 I would have jumped at the chance. If fellow Hibbies had jumped in, 7,000 of us could raise £3.5 million! Just to think that your donation was enough to finish the wee team off would be something to make you smile every day for rest of your life.

Pretty sure with the economic recovery in full swing, we could all have made a profit on our investment, biggest win-win ever. Lets offer £3.5 million now and raise the money, we can do this!!

GGTTH I,ve got the cash in my hand right now, and my pee-pee in the other hand at the thought of it!:greengrin:greengrin:greengrin let's go for it.

[TrinityHibs]

There'll be a link available when it goes live eh? :wink:

It will be on here the minute it becomes available.:wink:

[monktonharp]

If you read KB, there's a hell of a lot of back-slapping and high-fives that everything will turn out fine.

I see FoH issued the following:



Let's just do some very basic sums. The Liths have been screwed for upwards of £60m by HoMFC alone and the Ukio and UBIG administrators remits are to get as good a return as possible for their current creditors, who they are acting on behalf of. That's a simple fact. Not spin. Not bluster. Not Hobonomics. It's what administrators and insolvency practitioners do.

Ukio have the deeds to Tynecastle (or a floating charge) and that land value will have been assessed and valued by a 3rd party during the last 12 months or so, with various caveats regards planning and/or commercial/industrial use. I don't know what Cala valued the land at 10 years or so ago, but IIRC it was circa £16m. Even if the land has halved in value, why on earth would an administrator accept £2.5m? It's simply pie-in-the-sky logic. While BDO & FoH might be doing what's best for HoMFC in the short/medium term, unfortunately, they're not the ones who are calling the shots.

The Lithuanian people have been stiffed and the Yams will need to come up with a damn sight more than £2.5m to get there hands on the deeds of Tynecastle.
:agree:I have stated previously, my own thoughts and I'll stick by them. and that is that: any administrators involved in this sorry mess, must be responsible to the Lithuanian government , who in turn have to sort out this shambles with the interests of the Bank/companies that their law courts have dissolved. furthermore, the ordinary Lithuanians on the street that have lost investments through it all need some recompence. without even thinking about other Baltic state individuals losing wages/monies etc. the Lith state must be the ones saying to the Admins, (state appointed if I'm right). hey Mr Admin, get us a better deal than that ****, we urnae dafties .

[FranckSuzy]

I,ve got the cash in my hand right now, and my pee-pee in the other hand at the thought of it!:greengrin:greengrin:greengrin let's go for it.

:faf:

[monktonharp]

:faf: I don't normally do that Suze :greengrin

[FranckSuzy]

I don't normally do that Suze :greengrin

What, cash in hand? :wink: :greengrin

[monktonharp]

What, cash in hand? :wink: :greengrin

neither of the above, unless it's really interesting:greengrin

[Leithenhibby]

What, cash in hand? :wink: :greengrin

haha :greengrin

[Sergey]

Damn - my scott_jambo account on KB has been suspended :grr:

Circa 13,000 posts :boo hoo:

[Coco Bryce]

Yeah seen that earlier. You've been rumbled.

[Scott Allan Key]

With clarity of thought, a lack of a penchant for S and M and having scruples will find us all out in the end.

[Ozyhibby]

Damn - my scott_jambo account on KB has been suspended :grr:

Circa 13,000 posts :boo hoo:

Serves you right. When I was barred I was accused of being you. I wisnae happy.

[monktonharp]

Serves you right. When I was barred I was accused of being you. I wisnae happy.

aye right, original sergey:wink:

[RIP Bestie]

This is only my second post on this thread but I refer you to post #31589 that I made on Monday.
Watch this space!!! Just saying likes.:wink:

[Ozyhibby]

This is only my second post on this thread but I refer you to post #31589 that I made on Monday.
Watch this space!!! Just saying likes.:wink:

Hope you right.

[RIP Bestie]

Hope you right.
As I say Ozy, long long way to go. The MP very interested in seeking advice of Tax experts lately. Seems that HMRC are going to have a big big say in acceptance of any CVA

[RIP Bestie]

As I say Ozy, long long way to go. The MP very interested in seeking advice of Tax experts lately. Seems that HMRC are going to have a big big say in acceptance of any CVA
Sorry. Should read "May"

[Sanger]

Sorry. Should read "May"
HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.

[Geo_1875]

I can see that they may not hold the football club responsible for Vlad's criminal behaviour but surely they can't be seen to give away assets at less than their true value. It's not as if hertz didn't benefit from the transactions that put their stadium in hock. Whether accepting the CVA is "morally" right is surely outweighed by their legal obligation to return as much money as possible to the Lithuanian taxpayer.

[KeithTheHibby]

HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.


Why delay it for another week then if it's to be accepted? Surely something in that?

[Waxy]

If tynie is indeed worth much more than 2.5M then we shouldn't be surprised of a higher offer coming in.Ruthless businessmen won't let an easy buck go.it's a dog eat dog world and Hearts are a poodle on a rottweilers breakfast plate.

[nribs]

Damn - my scott_jambo account on KB has been suspended :grr:

Circa 13,000 posts :boo hoo:
Sergey who is the Gassman on chargetozerobutstill4pointsback? Seems to think he has all the answers and is in the know! Everybody over there loves him. But they probably love him because he's their mum or dad or brother or sister.

[jonty]

Sergey who is the Gassman on chargetozerobutstill4pointsback? Seems to think he has all the answers and is in the know! Everybody over there loves him. But they probably love him because he's their mum and dad and brother and sister. fixed that for you.

[greenginger]

HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.


HMRC have no influence ? HMRC have over 50% of the non-connected creditors vote which would block a CVA if HMRC vote against it. A no- vote is almost a certainty given the yam circumstances.

BDO know this and to prevent it the say UBIG and Ukio are now not connected because they too are in administration. This is a nonsense opinion with no grounding in law, regulation , or precedent and I would fully expect HMRC to appeal the opinion should it come to that.

There is no money in it for HMRC but they won't like their vote being negated by a con-trick or a piece of dodgy precedent on the record that may cause problems in other CVA cases years down the line.

HMRC could have a deciding influence if they so choose.

[Moulin Yarns]

HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.


Don't beLIEve you. :na na:

[Glesgahibby]

HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.
They may not hold hearts responsible but it doesn't mean they have to accept the CVA on the table.

[Hermit Crab]

HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.

One minute your posts say hearts are Donald ducked the next say they will have a cva excepted and be fine. Which is it or are you an undercover yam?

[Moulin Yarns]

HMRC no influence on CVA acceptance only UBIG & Ukio whose main creditor is Lith government. From the statements coming out of Lith on pursuit of Romanov & directors for the £300m that viv pumped I to save depositors of Ukio the Lith gov not holding hearts responsible for the mess and CVA will be accepted.


Don't beLIEve you. :na na:


Stuff it just copy and paste it to the mb for all the snooping yams.

There's a clue :greengrin

[Coco Bryce]

What a fantastic Friday this has turned out to be :agree:

:flag:

[Caversham Green]

They may not hold hearts responsible but it doesn't mean they have to accept the CVA on the table.

:agree: Who they hold responsible is irrelevant, their only duty is to get the best possible outcome for the creditors of UBIG and Ukio and whether they believe the FoH offer to be the best available remains to be seen.

It's also worth remembering that they are not working with BDO in the yaministration, they're working in direct opposition to them - they want the highest sum of money they can get.

[Hermit Crab]

What a fantastic Friday this has turned out to be :agree:

:flag:

Seconded. I get paid today. Can any yams say that?

[Winston Ingram]

Wonder if they go tits up before the semi if we'll get their place?:greengrin

[Hermit Crab]

Wonder if they go tits up before the semi if we'll get their place?:greengrin

No thanks. It's a wee cup anyway. :D

[NadeAteMyLunch!]

This is like a 5 set tennis slam final. After racing into a 2 set lead it looked like Justice could wrap up a straight sets victory. Over the past few weeks, the Thief's have managed to claw it back to two sets each. This final game in the deciding set has been at Deuce for a while now, could it now be Advantage Justice???

[NOLA]

This is like a 5 set tennis slam final. After racing into a 2 set lead it looked like Justice could wrap up a straight sets victory. Over the past few weeks, the Thief's have managed to claw it back to two sets each. This final game in the deciding set has been at Deuce for a while now, could it now be Advantage Justice???
certaintly feels like that, plenty time for a double fault :agree:

[Hibercelona]

This is like a 5 set tennis slam final. After racing into a 2 set lead it looked like Justice could wrap up a straight sets victory. Over the past few weeks, the Thief's have managed to claw it back to two sets each. This final game in the deciding set has been at Deuce for a while now, could it now be Advantage Justice???

Justice just took the whole set. :aok:

[God Petrie]

Can someone find George Foulkes, Gary MacKay, Fat Robbo, Locke, Skacel and film each of them as they hear of the news in Sergeys post, turn them into gifs and post them here thanks.

GIRUY

[Aldo]

Can someone find George Foulkes, Gary MacKay, Fat Robbo, Locke, Skacel and film each of them as they hear of the news in Sergeys post, turn them into gifs and post them here thanks. GIRUY

That's an excellent idea.

[SteveHFC]

Beers all round I would think??

I'll no be buying :greengrin

[brog]

Has the news leaked onto JKB yet or is all still sunny in La La Land?

[God Petrie]

Has the news leaked onto JKB yet or is all still sunny in La La Land?

Probably dismissed as hobonomics.

[Aldo]

Has the news leaked onto JKB yet or is all still sunny in La La Land?

Think he was trying something but got banned/suspended by them. They won't believe it anyway.

They are do well connected over the road. Farf

[Aldo]

:agree: Tighter than a drum :na na: :greengrin

Auld yins. Youse younger folk just have nae respect. Mind keep that Gif under wraps.

[Thecat23]

Auld yins. Youse younger folk just have nae respect. Mind keep that Gif under wraps.

Don't worry mate, I've got plenty Fruit Shoots in the fridge for Stevie!!!

[Saorsa]

Auld yins. Youse younger folk just have nae respect. Mind keep that Gif under wraps.Cheers mate :greengrin but I think you've quoted the wrong post.

[Www1875hfc]

Hearts new travel club ?

http://www.heartsfc.co.uk/articles/20131122/new-travel-club_2241384_3546402

The Bus :faf:

[SteveHFC]

Don't worry mate, I've got plenty Fruit Shoots in the fridge for Stevie!!!

:greengrin

[SteveHFC]

Ha ha that's priceless.

:faf::devil:

[Aldo]

Hearts new travel club ? http://www.heartsfc.co.uk/articles/20131122/new-travel-club_2241384_3546402 The Bus :faf:

Ha ha. Hopefully to guy taking in the money gets vetted just incase he runs off with the dosh paid by the passengers!!

[IFONLY]

Hearts new travel club ?

http://www.heartsfc.co.uk/articles/20131122/new-travel-club_2241384_3546402

The Bus :faf: getting ripped with the pricing £15 to travel to Dundee my god.

[Hermit Crab]

getting ripped with the pricing £15 to travel to Dundee my god.


He's got previous for shafting fans does Charlie

[147lothian]

Does anyone have any concrete news of a deffinate bid for prefered bidder status to BDO? its reasonable to think that a property developer will put in a bid in for more than 2.5m if that happens we will here va va vroom down gorgie way,

come on the finest bulldozer corps, no sleep till gorgie!

[CropleyWasGod]

Does anyone have any concrete news of a deffinate bid for prefered bidder status to BDO? its reasonable to think that a property developer will put in a bid in for more than 2.5m if that happens we will here va va vroom down gorgie way,

come on the finest bulldozer corps, no sleep till gorgie!

FOH are preferred bidder.

[bingo70]

To get this back on topic have the fans received their share certificates yet?

[Leithenhibby]

To get this back on topic have the fans received their share certificates yet?

:agree:

Lets keep our eyes on the ball :wink:

[cocopops1875]

Hibs.net has had a lot of stuff well before the mainstream media.

:agree: Some would say the media have almost avoided the facts

[Jonnyboy]

Damn - my scott_jambo account on KB has been suspended :grr:

Circa 13,000 posts :boo hoo:

It's a conundrum though G. Your disguise was so good you lasted for 13k posts. On the other hand it took their dimwit Admins 13k posts to suss you out :thumbsup:

[silverhibee]

Have they got there shares yet. :confused:





:lolyam:

[Jpdhfc]

So what's happening at the pink bus shelter then

[Jonnyboy]

So what's happening at the pink bus shelter then

Nowt, nada, nothing to see, business as usual :agree:

[PatHead]

Had a look on the Hearts ticket site out of noseyness. They still have a lot of tickets left for tomorrow, have hardly sold a ticket for the Celtic cup game (remember Hearts don't have a cup top up so no seasons to mask figures) and not many have been sold for the Inverness game. It is true that when Hearts are not playing well their crowd, even at such desperate times like this, disappears. Big club, my arse.

[Greenworld]

They seem 99% certain the cva will be accepted. What is the feeling on here? Yes/No??

My feeling is ño but is that just my heart hoping so

[Greenworld]

Only if we meet them in cup competitions I would imagine.

They are going down and won't be coming back up anytime soon - if they survive this.

:rolleyes:

Yes happy for them to survive but as a new club in he bottom
Division anything else would be a travisty:cb

[CyberSauzee]

To get back on track, the most relevant post of the last few days has been from Mikey. He simply questioned why the hearing had been put back a week.

Obviously there is something happening to scupper the CVA.

A bit of background info on Lithuania. It's economy had one year of deep recession (2010), after which is has shown remarkable growth, albeit with highish unemployment. The point here is that the Lith Govt are not desparate for cash; they are not stupid either and will not take a knock down price for an 'asset' that is worth more than is being offered.

[Ronniekirk]

So far it's clear that Hearts are still beating there life in them yet as they keep beating us Big Tell has a different mind set already so we want to be able to give them what the deserve a few holdings before they slink away to the first division then we want to cup them in the Scottish cup and hump them 7. 0 then couldn't care what happens to them after that :not worth

[Jack]

Thinking about it. Cold weather, it's on tv and decorating could be blockers though:greengrin

Back on topic. I was wavering last week thinking they were going to get off lightly in the usual football admin way but the mood has swung the other way this week with the latest titbit's of information.

I think they have a different attitude to sports clubs over there. Look at the way Vladimir mucked about his Lith football club, putting them down to amateur status, his high flying basketball club disbanded or something similar.

I don't think there's any good reason to think a foreign sports club, who have just robbed them of millions, can expect any favours.

[Saorsa]

I think they have a different attitude to sports clubs over there. Look at the way Vladimir mucked about his Lith football club, putting them down to amateur status, his high flying basketball club disbanded or something similar.

I don't think there's any good reason to think a foreign sports club, who have just robbed them of millions, can expect any favours.I agree, but I wish they'd just get on with it and lower the boom so I can start the party.

**** the h****s

[Hibernianinc]

One thing is certain.

It's going to be a very, very nervy week for our pink pals.

Good.:greengrin

[Phil D. Rolls]

Event: Estate agents value land near PBS at 5m up.
Banderson: Property Market Toasts Hearts Resurgence.

[Mikey]

Damn - my scott_jambo account on KB has been suspended :grr:

Circa 13,000 posts :boo hoo:

Top work G :hilarious



It's a conundrum though G. Your disguise was so good you lasted for 13k posts. On the other hand it took their dimwit Admins 13k posts to suss you out :thumbsup:

:tee hee:

[Weststandwanab]

Event: Estate agents value land near PBS at 5m up.
Banderson: Property Market Toasts Hearts Resurgence.Is that speculation or fact ?

[Keith_M]

Is that speculation or fact ?



I think it might have been a joke.

[Phil D. Rolls]

Is that speculation or fact ?

It's a fact, I live with Barry Anderson.

[Ryan91]

Is that speculation or fact ?


Probably closer to the truth than you think.

Sent from my HTC Desire S using Tapatalk

[Weststandwanab]

Probably closer to the truth than you think.

Sent from my HTC Desire S using Tapatalk I think that is about what it probably is worth so I agree.

[Seveno]

A query for one of our Insolvency experts. Does Insolvency law limit the number of times the the CVA vote can be postponed ?

[Weststandwanab]

A query for one of our Insolvency experts. Does Insolvency law limit the number of times the the CVA vote can be postponed ?
Yes. The meeting must happen within fourteen days so 5th December is the latest date it could happen.

[Col2]

Did anyone hear Brian McGlaughlin from BBC Sportsound pre our game. He was blustering as normal but did say that while yams hopeful, acceptance of CVA is far from a certainty and doubt remains. Given he is close to BDO bloke i would say we could have an interesting few days coming up.

[Dashing Bob S]

Did anyone hear Brian McGlaughlin from BBC Sportsound pre our game. He was blustering as normal but did say that while yams hopeful, acceptance of CVA is far from a certainty and doubt remains. Given he is close to BDO bloke i would say we could have an interesting few days coming up.

Expectations management. I'm expecting more of the same next week from the media trumpets who trumpeted 'CVA inevitable' 'CVA 95% certain' etc to begin their campaign of self-exoneration. Also expecting some FOH caginess.

[Mikey]

Expectations management. I'm expecting more of the same next week from the media trumpets who trumpeted 'CVA inevitable' 'CVA 95% certain' etc to begin their campaign of self-exoneration. Also expecting some FOH caginess.

The best they can hope for is no change. We could easily find ourselves without a game on 2nd January.

[Jack]

Yes. The meeting must happen within fourteen days so 5th December is the latest date it could happen.

... and if it doesn't?

[Pretty Boy]

Can someone confirm i'm correct in thinking there is no way Hearts can be out of admin by Xmas?

Had a fud bending my ear today that if they got out of admin by Xmas and signed a few good players in January it could set them up for the next few years.

I'm convinced with the 30 day cooling off period and the CVA vote delayed until the 29th at the earliest that there is now way they can exit admin this year.

[Spike Mandela]

Can someone confirm i'm correct in thinking there is no way Hearts can be out of admin by Xmas?

Had a fud bending my ear today that if they got out of admin by Xmas and signed a few good players in January it could set them up for the next few years.

I'm convinced with the 30 day cooling off period and the CVA vote delayed until the 29th at the earliest that there is now way they can exit admin this year.

Player embargo from SFA is till February.

[Onceinawhile]

Can someone confirm i'm correct in thinking there is no way Hearts can be out of admin by Xmas?

Had a fud bending my ear today that if they got out of admin by Xmas and signed a few good players in January it could set them up for the next few years.

I'm convinced with the 30 day cooling off period and the CVA vote delayed until the 29th at the earliest that there is now way they can exit admin this year.

29th of December is the earliest bdo can start taking them out of administration. How long will that take though? And hey cant sign anyone until they are out of admin.

[HibbyAndy]

Can someone confirm i'm correct in thinking there is no way Hearts can be out of admin by Xmas?

Had a fud bending my ear today that if they got out of admin by Xmas and signed a few good players in January it could set them up for the next few years.

I'm convinced with the 30 day cooling off period and the CVA vote delayed until the 29th at the earliest that there is now way they can exit admin this yer.

No chance.

And they're signin nae **** in January

[Onceinawhile]

Player embargo from SFA is till February.

Only for over 21s. They could loan under 21s in January if they are out of admin.

[Spike Mandela]

Only for over 21s. They could loan under 21s in January if they are out of admin.

Woopy doo. Not exactly more youngsters they need at the moment.:greengrin

[KdyHby]

Does the transfer window close midnight 31 Jan? :confused:

[Onceinawhile]

Does the transfer window close midnight 31 Jan? :confused:

Yes. But hearts will be able to sign anyone who is unattached at midnight on January 31, in February. Like sevco did with their numerous pre contracts. (Assuming they're out of admin)

[KdyHby]

Yes. But hearts will be able to sign anyone who is unattached at midnight on January 31, in February. Like sevco did with their numerous pre contracts. (Assuming they're out of admin)

Thanks for the clarification :aok:

[Spike Mandela]

Yes. But hearts will be able to sign anyone who is unattached at midnight on January 31, in February. Like sevco did with their numerous pre contracts. (Assuming they're out of admin)

Difference of course is Sevco were doing it at a start of a season. Can't see many top players hanging off signing for somebody in the hope of playing for the ****bos rooted to foot of table with 4 months of season to play.:greengrin

[brog]

Expectations management. I'm expecting more of the same next week from the media trumpets who trumpeted 'CVA inevitable' 'CVA 95% certain' etc to begin their campaign of self-exoneration. Also expecting some FOH caginess.


The noises from the pink propaganda palace have been somewhat muted in the last few days. Looks to me as if there has been a dilution of their cwa certainty.

[Dashing Bob S]

The best they can hope for is no change. We could easily find ourselves without a game on 2nd January.

That's my big fear - that the last derby for a long time will be that last sad debacle.

[nribs]

Only for over 21s. They could loan under 21s in January if they are out of admin.
Is Ngoo still under 21? Please say he is

[Col2]

I was talking to somebody in the office about this. He reckons earliest they will get outline agreement is end of december. Process for taking them officially out of admin will average 4-8 weeks but Lithuanian factor and also that bigger wider company admin going on (and focus in this) could mean 12 weeks. So lets say end if March best case!!!

Wonder how may out of contract match fit players are available at end of March???

[greenginger]

The noises from the pink propaganda palace have been somewhat muted in the last few days. Looks to me as if there has been a dilution of their cwa certainty.

Drove past the Wonga Dome, down Mcleod street and saw they had use of the Old Tynecastle School playground for parking again. Hope they are being made to pay for it ... in advance.

[Thecat23]

The folk who think hearts will sign anyone decent are seriously deluded! They are skint and I mean skint. Even if they did get through this it's fan owned and there is no money. Hearts as we know them are dead. They will struggle for many years now as they are going down no matter what.

[God Petrie]

Mind that wee club hertz who *****ed their whole club to beat us a couple of times? Cute

[Hibercelona]

I can't see them signing anybody in the next window.

[Dashing Bob S]

I can't see them signing anybody in the next window.

The only thing I can see them doing in the next window is throwing themselves out of it, and that's if the next window is in a multi-story block of flats.

[Www1875hfc]

Not a bad attendance at the PBS 12,508

Getting lower and lower with every passing home game. :wink:

Pleasing

[Sir David Gray]

I can't see them signing anybody in the next window.

Hopefully the only thing they'll be signing over the next couple of months is a death certificate.

[Pretty Boy]

I can't see them signing anybody in the next window.

They'll lose a couple if anything.

For all most of their youngsters range from overrated to downright pish there are a couple who are decent and English Championship and League 1 clubs love a bargain.

[Col2]

They'll lose a couple if anything.

For all most of their youngsters range from overrated to downright pish there are a couple who are decent and English Championship and League 1 clubs love a bargain.

Holt, Walker and Patterson are decent.

[PatHead]

If Hearts hoped to survive in the Premiership today was a must win at home against one of the clubs at the bottom of the league. Shame they could only draw.

[Phil D. Rolls]

Holt, Walker and Patterson are decent.

Paterson could do a job for us. Should be obtainable for a knock down price in January.


If Hearts hoped to survive in the Premiership today was a must win at home against one of the clubs at the bottom of the league. Shame they could only draw.

That was a relegation defining result. A home game meant they had to make up points. It's getting worse by the week.

[07hibee]

The folk who think hearts will sign anyone decent are seriously deluded! They are skint and I mean skint. Even if they did get through this it's fan owned and there is no money. Hearts as we know them are dead. They will struggle for many years now as they are going down no matter what.

Strange thing is they've just got a youth player from Dunfermilne costing £4000 compensation ,god knows how that works or if they've paid it

[Crazyhorse]

Holt, Walker and Patterson are decent.

Would be nice if Hibs signed a couple. Really rub their noses in it. My preference for the yams is that whatever survives becomes a feeder club for us.

[fatbloke]

It's a conundrum though G. Your disguise was so good you lasted for 13k posts. On the other hand it took their dimwit Admins 13k posts to suss you out :thumbsup:

Took the dumb barstewards 175 to suss me. eventually twigged my username Les Niven eas an anagram of seven nil - fudleys.:greengrin

[Dashing Bob S]

December is going to be a big month for them. They'll be pumped out the cup by Celtic, and I doubt they'll get anything from visits to Parkhead and Tannadice, and might even receive two morale-sapping savage beatings there. They play St Mirren at Love Street, and have home fixtures against ICT and Killie, the latter one probably being a must-win for them.

The threadbare squad might pick up injuries around then, and I think there will be an intensely darkening financial picture. I'm hoping for the pleasurable fiasco of an FOH CVA, but I expect this won't happen, with the decision being further deferred (in which they are privately told to up their bid) and a prolonged administration with more begging to fans and businesses.

I really hope they make the 2nd Jan so that we have the opportunity to erase the embarrassment of the last two encounters, but I have to be honest and say I ain't confident.

And the share certificates still won't be issued.

[Waxy]

Their next league fixtures are
Dundee utd away 7th Dec
ICT home 14th Dec
Celtic away 21st Dec

Really cannot see them taking anything from these three matches and they are already 12 points behind Kilmarnock.
On the 26th they play Killie at home

[cabbageandribs1875]

i suspect hertz would like to play us every other week....nae luck yamboids

[Spike Mandela]

1066 and all that!:cb

[monktonharp]

1066 and all that!:cbwe could make a tapestry of this whole thread, in years to come:cb

[Hibbibri]

we could make a tapestry of this whole thread, in years to come:cb

Or....we could use this thread to make a tapestry :na na:


I'll get my own coat and taxi thankyou :greengrin

[Hermit Crab]

Their next league fixtures are
Dundee utd away 7th Dec
ICT home 14th Dec
Celtic away 21st Dec

Really cannot see them taking anything from these three matches and they are already 12 points behind Kilmarnock.
On the 26th they play Killie at home

Nil poi. Then again they surprised us all by beating Aberdeen away.

[brog]

Nil poi. Then again they surprised us all by beating Aberdeen away.

They've taken 4 points from their last 2 games when, on both occasions, they were losing while facing 11 men. Also, per reports they should have been buried in both games ( dons missing a pen ) before the sendings off. It's a temporary glimmer of light shortly to be snuffed out! :wink:

[Gus Fring]

They play St Mirren at Love Street

No. They don't. Love Street Stadium was demolished and a Supermarket was to be built in its place, that never came to fruition and now it looks like it'll be houses.

Hang on. That story sounds familiar. Could it be about to happen to another club?

[Aldo]

No. They don't. Love Street Stadium was demolished and a Supermarket was to be built in its place, that never came to fruition and now it looks like it'll be houses. Hang on. That story sounds familiar. Could it be about to happen to another club?

We can only live and hope?

[Ronniekirk]

we could make a tapestry of this whole thread, in years to come:cb
Tapestry Great carol king album from the 70s One of her songs was called Why Doesn't Anyone Live In One Place Anymore .Bet the Lithuanian Tax guys wish this was the case Has anyone any idea if Romanov has surfaced any where in that Submarine of his . As for the Jambs the only Tapestry they will be weaving won't be The Paisley Pattern , it will be trying to weave there way out the third Division with this Talented Group of youngsters we keep hearing about Let's see how they get on in the lower leagues

[Fat Penlon]

When are we likely to see some outcomes from the PM board news at the end of last week? I'm still not aware of what the scoop was but that's cause I'm tight ;-)

[Phil D. Rolls]

When are we likely to see some outcomes from the PM board news at the end of last week? I'm still not aware of what the scoop was but that's cause I'm tight ;-)

:yawn: that is SO last week.

[bingo70]

When are we likely to see some outcomes from the PM board news at the end of last week? I'm still not aware of what the scoop was but that's cause I'm tight ;-)

The scoop was basically an informed opinion on what will happen.so I think we should find out on Friday when we hear if the Cva is accepted.

[Winston Ingram]

When are we likely to see some outcomes from the PM board news at the end of last week? I'm still not aware of what the scoop was but that's cause I'm tight ;-)

I think it's safe to say ye'll no see it on here...

[Ross4356]

The scoop was basically an informed opinion on what will happen.so I think we should find out on Friday when we hear if the Cva is accepted.

Yeah it was only someones opinion

[Glesgahibby]

When are we likely to see some outcomes from the PM board news at the end of last week? I'm still not aware of what the scoop was but that's cause I'm tight ;-)
Sums this whole situation up perfectly for me:agree:
Some of us crave,need and demand a proper outcome to this situation !!!!!
Some of us will follow the info that will lead us to our personal "GFRUY" relief !!!!
I feel most,not all on this site need justice to be done and are willing true justice to prevail!!!
the fact that the general media have ignored the theft and cast aside of honest everyday people
makes this circus all the more aggravating,annoying and disgusting !!!
if members on this forum claim to know the outcome and would like to tease rather than confirm this scenario,then be aware of our backlash!!!!!! If these ******* get away with this!!!!
:greengrin

[Spike Mandela]

Sums this whole situation up perfectly for me:agree:
Some of us crave,need and demand a proper outcome to this situation !!!!!
Some of us will follow the info that will lead us to our personal "GFRUY" relief !!!!
I feel most,not all on this site need justice to be done and are willing true justice to prevail!!!
the fact that the general media have ignored the theft and cast aside of honest everyday people
makes this circus all the more aggravating,annoying and disgusting !!!
if members on this forum claim to know the outcome and would like to tease rather than confirm this scenario,then be aware of our backlash!!!!!! If these ******* get away with this!!!!
:greengrin

Nobody KNOWS anything other than the Lithuanian administrators of Ukio and Ubig. We just have to wait and see what they do at the end of the week.

[Jim44]

Their next league fixtures are
Dundee utd away 7th Dec
ICT home 14th Dec
Celtic away 21st Dec

Really cannot see them taking anything from these three matches and they are already 12 points behind Kilmarnock.
On the 26th they play Killie at home

They've got their work cut out but I didn't like Pascali's comments in the Scotsman this morning. He says that if Killie can't get their act together, they look likely to be relegated automatically. Music to the Jambos ears as I think they would win in a dogfight with Killie.

[Fat Penlon]

Nobody KNOWS anything other than the Lithuanian administrators of Ukio and Ubig. We just have to wait and see what they do at the end of the week.

No problem I just thought someone might have heard something over the weekend. With Hearts being at home i thought there would be some gossip floating around. Some yam friends on Facebook posted some pics of themselves in hospitality which looked pretty busy.

[Glesgahibby]

Nobody KNOWS anything other than the Lithuanian administrators of Ukio and Ubig. We just have to wait and see what they do at the end of the week.
Fair doos spike,you are correct.
I would love to see the media balance this debacle out rather than pantomise the yams as somehow being the cinderella with ukio and ubig being the uglies.

[MB62]

Not a bad attendance at the PBS 12,508

Getting lower and lower with every passing home game. :wink:

Pleasing

Do they not have over 10,000 season ticket holders? Not going to pay a lot of wages from 2,508.

[Aldo]

Do they not have over 10,000 season ticket holders? Not going to pay a lot of wages from 2,508.

Not sure bout the ST's as Mad Vlad did one with the money they took in for about 7,000 (ish) (putting it in the same suit case as the Share monies).

Did they not get 3,000 stumping up more cash for ST at the request of BDO to help them survive.

If it is true bout 2508 by the time you take off match day costs etc doesn't leave a lot for the biscuit tin!!

[Crossgates Hibs]

Not sure bout the ST's as Mad Vlad did one with the money they took in for about 7,000 (ish) (putting it in the same suit case as the Share monies).

Did they not get 3,000 stumping up more cash for ST at the request of BDO to help them survive.

If it is true bout 2508 by the time you take off match day costs etc doesn't leave a lot for the biscuit tin!!

Think they defo got ten k they were 1k behind us till they were told by BDO to start buying them or die

[Dashing Bob S]

No. They don't. Love Street Stadium was demolished and a Supermarket was to be built in its place, that never came to fruition and now it looks like it'll be houses.

Hang on. That story sounds familiar. Could it be about to happen to another club?

Caught fantasising in public...

[leggeto]

No. They don't. Love Street Stadium was demolished and a Supermarket was to be built in its place, that never came to fruition and now it looks like it'll be houses.

Hang on. That story sounds familiar. Could it be about to happen to another club?

did this not happen with st Johnston and asda,im sure asda built them a new stadium so they could have the land of the old stadium,could be wrong but

[greenlex]

did this not happen with st Johnston and asda,im sure asda built them a new stadium so they could have the land of the old stadium,could be wrong but

Yup

[leggeto]

Yup

so does this mean Tesco could by *********** for the land and build them a brand new stadium somewhere else for free

[I'm_cabbaged]

so does this mean Tesco could by *********** for the land and build them a brand new stadium somewhere else for free

Why would they? The above mentioned bought the grounds from the clubs, not an administrator ;)

[Saorsa]

so does this mean Tesco could by *********** for the land and build them a brand new stadium somewhere else for freeNo, totally different situation. Those clubs sold their stadiums and as part of the deal new stadiums were built for those clubs giving up their sites in the locations the supermarkets wanted tae build.


h****s are not flogging their site as part of any deal, it will be being flogged by the administrators/liquidators tae pay off debts.




And the ****s will also be eliminated. :greengrin :partyhibb



:brokenyam:

:hahaha::jamboclow

[Springbank]

The others were also in areas the supermarkets wanted to build in, and where no clear alternative sites existed nearby.

Gorgie/Chesser has a few alternatives (google the Fruitmarket and Morrisons for one example) which reduces any rush to offer deals that are overly kind to a company now synonymous with charity theft

[EastCalderHibby]

I just wish it would hurry up and happen, so a can dance on their grave :greengrin

[Aldo]

No, totally different situation. Those clubs sold their stadiums and as part of the deal new stadiums were built for those clubs giving up their sites in the locations the supermarkets wanted tae build. h****s are not flogging their site as part of any deal, it will be being flogged by the administrators/liquidators tae pay off debts. And the ****s will also be eliminated. :greengrin :partyhibb :brokenyam: :hahaha::jamboclow

:-D

There's 2 words that don't get used enough in the same SEntence DD

Hearts and eliminated

[Mellow Hibee]

The others were also in areas the supermarkets wanted to build in, and where no clear alternative sites existed nearby.

Gorgie/Chesser has a few alternatives (google the Fruitmarket and Morrisons for one example) which reduces any rush to offer deals that are overly kind to a company now synonymous with charity theft

This is why it's really no win for Hearts. If the ground is worth something for a developer then the rumours may be true and they'll buy it for £2.5M+.

If it's not then the yams find themselves playing football in the 1st division with a stadium that is falling apart, expensive to maintain and worth no more than £2.5M. There is no way they can save enough money to renovate or build a new stadium before the problems become too large to keep playing at tynecastle.

[Jonnyboy]

No problem I just thought someone might have heard something over the weekend. With Hearts being at home i thought there would be some gossip floating around. Some yam friends on Facebook posted some pics of themselves in hospitality which looked pretty busy.

Twenty folk in there would make it look busy :wink:

[leggeto]

This is why it's really no win for Hearts. If the ground is worth something for a developer then the rumours may be true and they'll buy it for £2.5M+.

If it's not then the yams find themselves playing football in the 1st division with a stadium that is falling apart, expensive to maintain and worth no more than £2.5M. There is no way they can save enough money to renovate or build a new stadium before the problems become too large to keep playing at tynecastle.

nice,trying to think of ways they could come out the ****@ barrel smelling of roses,looks like they are at a dead end,a jambo told me a property developer has bid £4 for swine castle too,don't know if it is hammocks or not bit he was a bit worried

[PatHead]

i just can't wait to here they are dead

[theonlywayisup]

nice,trying to think of ways they could come out the ****@ barrel smelling of roses,looks like they are at a dead end,a jambo told me a property developer has bid £4 for swine castle too,don't know if it is hammocks or not bit he was a bit worried

£4 wow!

[Jonnyboy]

£4 wow!

More money than sense obviously :wink:

[greenginger]

This is why it's really no win for Hearts. If the ground is worth something for a developer then the rumours may be true and they'll buy it for £2.5M+.

If it's not then the yams find themselves playing football in the 1st division with a stadium that is falling apart, expensive to maintain and worth no more than £2.5M. There is no way they can save enough money to renovate or build a new stadium before the problems become too large to keep playing at tynecastle.

Someone mentioned the other day a site at 396-400 Gorgie Road was going on the market with planning for student accommodation for offers over £ 2 million.

https://citydev-portal.edinburgh.gov.uk/idoxpa-web/applicationDetails.do?activeTab=documents&keyVal=LQQP3PEW7N000

That will be the site, 0.61 hectares ( 1.5 acres ) and is about 1 mile further from town but does have a main street frontage.

The PBS is 6 acres and the offer is £ 2.5 million. Can Lithuanians do sums ?

[Mellow Hibee]

There was a FOH Q&A tonight. Judging by the reports on kickback they're not quite as confident of a CVA anymore.

[SurferRosa]

£4 wow!

That`s certainly what the stadium`s worth. :agree:

Unfortunately for the FoH, the land their asbestos riddled, crumbling deathtrap sits on is quality real estate and adds a few million onto the asking price. :greengrin

[PatHead]

There was a FOH Q&A tonight. Judging by the reports on kickback they're not quite as confident of a CVA anymore.

don't want to look at kickback as I would feel dirty. What are they saying and what was said by foh?

[leggeto]

That`s certainly what the stadium`s worth. :agree:

Unfortunately for the FoH, the land their asbestos riddled, crumbling deathtrap sits on is quality real estate and adds a few million onto the asking price. :greengrin

I think they have been told to up their bid because they have received a better one than the £2.5m

[bighairyfaeleith]

don't want to look at kickback as I would feel dirty. What are they saying and what was said by foh?

CVA will be delayed for another seven days
CVA can't be delayed again after that
Nobody knows if cva will go through
Some ***** about budgeting for relegation
nobody on FOH is taking any salary etc
Investors are all hearts fans and not going to make any profit on investment

[SurferRosa]

I think they have been told to up their bid because they have received a better one than the £2.5m

If Valnetas accept, circa 1.5 to 2 million for the whole kit and kaboodle ( which is likely to be about all they`ll get after BDO have grabbed their fees in full ), i`d like to be a fly on the wall when they give their explanation to the Lithuanian government of why they found that sum acceptable when they could likely realise around 3 or 4 times that amount in an auction. Especially as they`re owed around 15 million.

[SurferRosa]

" If you have not pledged, PLEDGE!
- Get anybody you know who has not pledged, PLEDGE.
- If you have pledged, and you can afford it, PLEDGE MORE. "

Clearly, this is how a 'big' club operates. :faf:

[HUTCHYHIBBY]

Surely they could just get all the excess PLEDGE that Gary MacKay has left over after polishing his medals.

[GreenCastle]

From the keekback....my comments in the black :greengrin

Possible further delay of 7 days for CVA..... shock
- CVA then can't be delayed further .....Squeaky bum time...
- Hopeful CVA approved but no guarantees...thought they were already celebrating?
- Investors all Hearts fans and not making anything for their investments....great people
- Investors not revealead....I wonder why!
- Investors to be repaid in 3 years when Hearts will be owned by the fans (once in a lifetime opportunity)...more loans and more debts - wonder what the interest is?
- Need to get to 10k pledgers (average pledge £16 per month)...still quite a bit away...
- Currently 7,600 signed up....muppets...what happened to the 400,000?
- Budget for next 3 years includes worse case scenario (relegated & out cups 1st round)..lets hope this happens and they come back to reality
- Marketing being delayed until CVA decision made...can't wait to see the marketing..
- If positive outcome more details and incentives will come out and marketing will go into full drive...exciting times...
- FOH doing all work in own time and unpaid....great...give yourself a medal
- Need to tap into support for skilled people (lawyers/financial advisers/business experts) to get involved...the way big teams operate
- If CVA agreed club still needs support, this is only the beginning and fans will need to keep supporting the FOH...can't see fans doing this plus a ST every year.
- Two boards, mirror image (FOH investors & FOH board) FOH board will repay the investment over 3 years....see above - loans and more debt
- Legal agreements being drawn up but not yet finalised due to legal costs..won't be cheap
- Money is there for the club to complete the season...great - we hopefully will see them relegated or even better relegate them when we play again at the PBS
- No budget for players (wheeling and dealing may be possible I.e free transfers but that is )..you can't sign players yet..your still in Admin...basically more kids...
- Gary Locke doing a great job under the circumstances...well done...relegation will look good on the CV
- If relegated season ticket prices will probably drop...doubt it
- TV revenue if relegated is unknown..basically not much...
- If you have not pledged, PLEDGE...begging bowl out once again..
- Get anybody you know who has not pledged, PLEDGE....CRINGE
- If you have pledged, and you can afford it, PLEDGE MORE. CRINGE...BIG TEAM = BIG TROUBLE
- THIS IS A ONCE IN A LIFETIME OPPORTUNITY FOR US FANS TO OWN OUR CLUB AND SHAPE ITS FUTURE - short term plan...long term not sustainable.

That's about all I can remember.

[Engels74]

Surely they could just get all the excess PLEDGE that Gary MacKay has left over after polishing his medals.

:greengrin Will send these to FOH headquarters first thing tomorrow!


bursting with pride to be doing my bit!:aok:

http://www.dwsupplies.com/ekmps/shops/dwsupplies/images/6-tins-of-pledge-furniture-polish-97-p.jpg