Share Transfers Agreed/Cooling off period

[brog]

My source has been in contact today.

Everything is just ticking over at the moment as they can't really do much else. Everyone feels like they are stuck in limbo. They can't sell Season Tickets, they can't talk to players about contract extensions, in fact they can't do much of anything as they don't want to do anything that would upset Budge and jeopardise the take over.

There is a worry that the money will run out in the off season if not before and they'll be liquidated. Staff have been told it's unlikely the FOH will be able (or willing) to help them out because it would hurt the business plan going forward.

BDO are saying there is still every chance they'll survive all of this but with every passing day it gets less and less likely.

I'm not saying they will be liquidated or that they will survive. I'm just passing the information on.

I'm sure some on here and all over the road will find a way to twist all if it but that's their
prerogative

Great stuff B as ever. Any word on how BJ's wee trip to Lithland went? :greengrin

[Sergey]

Great stuff B as ever. Any word on how BJ's wee trip to Lithland went? :greengrin

No probs, B - at £550 an hour I don't think it was the best use of funds.

But he did return with some cheap baccy for the smokers in the office...so all was not lost.

[GreenLake]

I was buying a new helmet yesterday in a local bike shop and noticed ratboy had his name on a few. Always thought he was a helmet!

http://www.rudyproject.com/products/helmets/airstorm/white-red-shiny/s-m-size.html (http://www.rudyproject.com/products/helmets/airstorm/white-red-shiny/s-m-size.html)

Maybe they could make a few to protect the yams from falling stand debris

[Kojock]

The most satisfying news coming out of Tynecastle just now is the fact that there is no news. If they had anything positive to announce they would be screaming it from the roof tops. The more time that passes without any news the nearer they are to the big L. Silence is golden.

[Crazyhorse]

They must have discussed, internally at least, plans to liquidate and emerge as a Newco with all that that entails. As each month passes it may appear to be prudent to implement that plan, sooner rather than later. Logic dictates they must be nearing their Rubicon.

Nearing their Stalingrad more like...

[Iggy Pope]

Well we just need to cling on to our last remaining hope that delays in Lithland drag on for some time.

Relegation is welcome of course but let's not make out that they will be years in the doldrums as ICT and Ross County have done OK on much less income than they will have.......despite the millstone costs of a stadium that isn't and never will be fit for purpose.

When did Ross County bounce back? I missed this.

[Dashing Bob S]

My source has been in contact today.

Everything is just ticking over at the moment as they can't really do much else. Everyone feels like they are stuck in limbo. They can't sell Season Tickets, they can't talk to players about contract extensions, in fact they can't do much of anything as they don't want to do anything that would upset Budge and jeopardise the take over.

There is a worry that the money will run out in the off season if not before and they'll be liquidated. Staff have been told it's unlikely the FOH will be able (or willing) to help them out because it would hurt the business plan going forward.

BDO are saying there is still every chance they'll survive all of this but with every passing day it gets less and less likely.

I'm not saying they will be liquidated or that they will survive. I'm just passing the information on. I'm sure some on here and all over the road will find a way to twist all if it but that's their prerogative

Such a bizarre reaction to your very reasonable and temperate post on Kickback. It's so strange how they seem to see you as some dark fantasist for simply repeating what BDO have been saying -if they really care to listen to what's beyond the soundbites - from day one.

1. We have a finite amount of time to expedite the CVA.

2. It is enormously complicated due to 'the paperwork' of those inefficient East Europeans (as KB describe it) or 'the massive multi-national fraud investigation resulting in frozen assets' (as we call it) and it is clearly going to take some time.

3. Each day there is no news is bad news; as there needs to be a timetable for action, otherwise liquidation will inevtiably follow.

Jackson and BDO have obviously put a spin on this and probably are trying as much as they can to influence events, but the matter is really out of their hands.

It just seems to be (understandably, I have a few in my family) very hurtful and painful for Hearts fans to grasp these simple truths and they are lashing out to shoot the messenger.

I think a nice post from Gasman telling them all is going to be well will happen over the next few days. In fact I'm absolutely sure of it. :wink:

[Dashing Bob S]

Sitting here with my acoustic guitar, playing some Bob Dylan, having great fun.

Here's a new version of 'The Times They Are a Changin'.

If you have an acoustic guitar and are semi competent, give it a go - great fun!



Gather 'round jambos
Wherever you roam
And admit that the finances
Around you have blown

And accept it that you’re
being fleeced to the bone
If your money to you
Is worth savin'

Then you better start prayin
As you sink like a stone
For the shares they are a-frozen


Come journos like Barry
Who prophesize with your pen
Keep your eyes wide
The chance won't come again

Don't speak too soon
The court case is in spin
And there's no tellin' who
They’ll be namin'

For Yam losers now
Will be later Lowland
For the shares they, they are a-frozen'

Come MP’s, Councillors
Please heed the call
For the FOH pledges
Are worth sweet **** all

For he that gets hurt
Will be he who has cheated
the tax man and charties
are a ragin

They’ll be selling of Tynie
to make asbestos flats
For the shares they are a-frozen'

Come football supporters
Throughout the land
Laugh at those poor Yams
Who just don’t understand

Your financial peril
is beyond your command
the old stand is
Rapidly aging

Just cancel those debits
Cause you can't lend a hand
For your shares they are a-frozen

But the Lowland ain’t bad
And Almondvale’s fine
And you’ll have Gary Locke still
To keep you in line

The Golden shower generation
Will piss to that flag
The CVA is
Rapidly fadin'

And the first liquidation
Will later be last
For the shares they are a-frozen'

[hibees 7062]

Levein will be appointed in the Summer but is already planning ahead in terms of who to keep and who to let go, he will have a very good budget, the 3rd biggest in Scottish Football despite the drop in leagues, i'm sure this time next season we will be the best run club in Scottish football.

Qwality man , deluded jakeys

[greenginger]

[QUOTE=Dashing Bob S;3923251]Such a bizarre reaction to your very reasonable and temperate post on Kickback. It's so strange how they seem to see you as some dark fantasist for simply repeating what BDO have been saying -if they really care to listen to what's beyond the soundbites - from day one.





If anyone wants to risk their laptop and post on kickback, they could refer their posters to Clause 11 in the BDO interim statement released in January .

" Alternatively in the event that the CVA proposal does not come into effect the Administrators would require to place the company into Liquidation ".

Now why would anyone waste time printing that if it is all a foregone conclusion ? :greengrin

[GreenLake]

Levein will be appointed in the Summer but is already planning ahead in terms of who to keep and who to let go, he will have a very good budget, the 3rd biggest in Scottish Football despite the drop in leagues, i'm sure this time next season we will be the best hun club in Scottish football.

Qwality man , deluded jakeys

Only if THE rangers are out of business before hearts

[Coco Bryce]

The most satisfying news coming out of Tynecastle just now is the fact that there is no news. If they had anything positive to announce they would be screaming it from the roof tops. The more time that passes without any news the nearer they are to the big L. Silence is golden.

Yep, I agree. It's squeaky bum time and they're starting to realise this now. My jambo friends on social media seem to have been abducted, not heard a peep from them in weeks.

Pleasing.

[Kato]

Video footage of BDO staff making a song and dance about the date of Hearts exit from administration.


http://youtu.be/ooiHz-wt9kw

[Dashing Bob S]

Video footage of BDO staff making a song and dance about the date of Hearts exit from administration.


http://youtu.be/ooiHz-wt9kw


I love the reeling off of the months, but also with the Saville intro for added Yam authenticity.

[Kato]

I love the reeling off of the months, but also with the Saville intro for added Yam authenticity.



It's got flava.

[GreenLake]

A little gem from stockback.co.uk

Posted Yesterday, 22:03 by Rug Munch
it is so pathetic that some of the unwashed peg seller mathadone junkies might just go out and steal to fund being part of the Army 18 wins in 71 defeats at the san giro maybee best spend the loot on drugs.

You are the heart and soul of cheating. You are the financial dope heads who embezzled your way on a wild and reckless joy ride. You are the looters of savings and pensions and the defaulters of payments to dozens of hard working people.

Better find an icepick and start chipping out those shares. Tick tock wait for the stock :I'm waiti:I'm waiti:I'm waiti:I'm waiti:lolyam::ostrich:

[Hibrandenburg]

Just read an article about the "Nuremburg Stadium" where the Nazis used to hold their parades. Apparently it was designed to hold exactly 400 000 brainwashed spectators. Sounds like it was tailor made for our chums and realistically they probably own it by default after winning the first half of the World War Cup single handedly.

[mim]

Sitting here with my acoustic guitar, playing some Bob Dylan, having great fun.

Here's a new version of 'The Times They Are a Changin'.

If you have an acoustic guitar and are semi competent, give it a go - great fun!

That is quality DBS.

[Craig_in_Prague]

Must be about a year ago that Allisbarry exclusively revealed Hearts were now self sufficient?

hibs net has been way off the mark all along. I mean, who'd ah thought it eh ?

Spring 2013 onwards: Self sufficient Hearts! --> Nearly self sufficient --> Cost cutting over summer & all will be fine --> No danger of administration --> Administration --> CVA & Debt free very soon --> CVA agreed in principal --> FOH to take over --> out of admin around Feb --> Budge to take control --> out of Admin in March --> out of Admin in April --> out of Admin in May --> ???

Pesky shares ??

Plums.

[RIP Bestie]

]I was buying a new helmet yesterday in a local bike shop and noticed ratboy had his name on a few[/B]. Always thought he was a helmet!

http://www.rudyproject.com/products/helmets/airstorm/white-red-shiny/s-m-size.html (http://www.rudyproject.com/products/helmets/airstorm/white-red-shiny/s-m-size.html)

Maybe they could make a few to protect the yams from falling stand debris
Does he not endorse a range of crayons as well?

[AltheHibby]

Dbs, I salute you.

[Col2]

Put simply. Heart of Midlothian FC is dying, slowly but dying.

I hope the 1902, 5-1, Big Team singing supporters feel years of pain and regret while Hearts Newco is created and struggles in the lower leagues before eventually getting back into the professional leagues sharing a stadium with the likes of Livingston.

[Hermit Crab]

Put simply. Heart of Midlothian FC is dying, slowly but dying.

I hope the 1902, 5-1, Big Team singing supporters feel years of pain and regret while Hearts Newco is created and struggles in the lower leagues before eventually getting back into the professional leagues sharing a stadium with the likes of Livingston.

If they are liquidated, lose their ground etc and come back as a newco. Do you think they'd apply to ground share at Easter rd?

[Weststandwanab]

If they are liquidated, lose their ground etc and come back as a newco. Do you think they'd apply to ground share at Easter rd? I think they should and RP consider it.

[Gustavo Fring]

I think they should and RP consider it.

would they really need a 20k all seated stadium for league 2 , surely meadowbank would make more sense

[nribs]

The latest from S.H.I.T


osted Today, 11:29

The newsletter of the Foundation of Hearts
March 2014
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View it in your browser.

IN-FoH

The newsletter of the Foundation of Hearts

www.foundationofhearts.org Issue 2 March 2014
OUR WORK IS FAR FROM OVER
Foundation chairman Ian Murray considers recent developments

I’ll be honest. By now when you realise I’m about to say something you probably know that it means I’m about to bash the drum and get out the begging bowl. It’s what I’ve done for the last ten months since taking on the chair of the Foundation of Hearts, after all.
So you will understand that there was a genuine sense of relief for me personally, when we were able to confirm Ann Budge’s role within the Foundation, as our funder, and indeed that she will become (as long as the deal goes through) the club’s new executive chairwoman.

My own role as Foundation chairman will change now, and quite rightly the focus will be on Ann and the club. She will lead the club decisively to prepare it for real supporter ownership and will need us all to continue to support the club, the Foundation and her team.

There’s a lot still to be done, so our work is far from over – be in no doubt! We have the broad-based principles of the Foundation’s agreement with BIDCO, but now begin that typically painstaking task of letting the lawyers bash out the detail, which can then be signed upon exiting administration.

Thereafter there’s a process of introducing formal membership to the Foundation, by holding our first AGM, which will happen in a few months’ time. These are very much major administrative processes.

And, back on that old money theme, there’s the most important bit, encouraging you, our amazing supporters, to continue to contribute month in, month out and how we can recognise this commitment properly. This is part of the discussion we will have with you.

But for once I’m not going to ask you to keep contributing, or to share this email with others, or any other “call to action”. I’m just going to say a genuine thank you.

Hopefully I’ve helped to play a part in helping you decide to set up a long-standing commitment to the Foundation, but it is a real team effort. We’re backed by outstanding professional advisers and we have a committed board – a real coalition from across the supporter base, often of differing views but it wouldn’t be football if that wasn’t the case. They are, however, totally united in one sole ambition: to see Hearts survive and prosper. Some of us have had to learn new skills, and we’ve certainly learnt a lot from each other.

We now know the path in front of us – it’s up to a five-year commitment as a starting point, and then when we’ve secured the club from private ownership for the last time, you can decide openly what we do for the future, as Ann said in her email last week. It’s a discussion which I know will be passionate, engaging and constructive.

But for now, I hope everyone’s efforts focus on the immediate future, to backing Ann, to supporting the club, and to contributing to the Foundation of Hearts.

When one of our founder directors coined the phrase that we must ‘create history’, did anyone imagine we would really, genuinely, for sure, have an opportunity that every other football supporter in this country should dream of? I don’t know.

But now fans from Scotland, England and beyond look at what is now (and be in no doubt about this) Scottish football’s greatest supporter movement, and one of its greatest ever stories that adds another colourful chapter to the history of Heart of Midlothian Football Club.

I knew there would be an element of political and personal risk taking on the chair of the Foundation of Hearts. After all, without bringing politics into this, I am a sitting MP, with a very small majority, a significant Shadow Ministerial portfolio and an incredibly busy constituency. Do I regret it? Not for a moment but I have had to re-emphasise time and time again that I have been doing this in my spare time (sometimes I wish my hobby was collecting stamps, it would be easier!).

Hearts for me, like so many, is part of my family and if I could use my spare time to make a real difference then I should. How could I let all those hours and hours of recollection about wonderful Hearts trips and moments with my brother and friends be merely consigned to history?

And do you know the best bit that should excite us all? The journey hasn’t even begun.

Ian Murray MP
Chairman, Foundation of Hearts
AFTER THE DARKEST HOUR
Hearts star Ryan Stevenson writes

As players, hearing that the club was going into administration was a day we were all dreading but a day we knew was eventually going to come. The days, weeks and months that followed have been a real test, seeing people at the club lose their jobs - honest people who love Hearts, who support the club, who loved working there, who have bills and mortgages to pay and families to provide for.

It was truly heartbreaking - something that will live with me forever.

There's a saying that after the darkest hour comes the dawn. Through the Foundation and through every fan that pledges money every month to our club, we are seeing that dawn. Witnessing people making sacrifices and digging deep to keep this club alive is something that you cannot explain in words. For me, it has been truly humbling. It proves clearly that we are more than just a football club; we are a family. We are one HEART still beating and now, with the Foundation at the front, we are only going to get stronger.

Getting Hearts back where it truly belongs is a dream that every fan and every player shares, and together we can make this happen.

On behalf of myself and all the boys, we would like to say thank you for your support. It has been truly amazing, week in, week out. Every time we pull on a Hearts jersey it is with enormous pride, not only because we represent such a great club but also because we represent such amazing, loyal fans like yourself.

Thank you, and all the best

Stevo

NOT ONLY EVOLUTIONARY – IT’S REVOLUTIONARY



MESSAGE FROM ANN BUDGE

Photo: Jeff Holmes
“Since the message I sent to supporters on 18 February, I have had many responses - some by email, some by letter. To everyone who has contacted me, I would like to thank you for taking the time to do so. Some of the correspondence expressed specific concerns; others offered advice. However, all of it has been extremely supportive of what we are trying to achieve and of the part I will play.

“The Foundation of Hearts initiative has, of course, grown out of fans’ commitment to saving our club, and it was clear from the emails and messages I received that this commitment remains as strong and dynamic as ever. I know that at times there may be differences of opinion among us as together we take this project forward. I will reiterate, however, what has been said many times before: that – should the final hurdles be cleared to enable this initiative to move ahead - there will be a new era of openness and transparency in our relationship with you, the supporters. I am very much looking forward to taking on the challenges facing us all.”


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[Ozyhibby]

Meadowbank is not an option. It's in worse condition than Tynecastle.
Their options would be Murrayfield, Easter road, Livingston or East End Park.
I suspect they would try to make Murrayfield work at first before resorting to one of the other three.

[brog]

2 comments on recent posts!
1. The F of H announcement sounds like a strategic withdrawal from MP Ian Murray, appropriately not dissimilar to Napoleon's retreat from Moscow, or Hitler's from Stalingrad!
2. DBS we salute you! superb, & unlike most song parodies it scanned perfectly! Magnifique!

[Kato]

The latest from S.H.I.T

Wow. He can type and pat himself on the back at the same time.

[Springbank]

If you google a politician talks of the greatest popular movement ever, you get an interesting array of options

Hitler
Stalin
Chavez
Mao tse tung
Ian I am an MP Murray

[Craig_in_Prague]

"should the final hurdles be cleared to enable this initiative to move ahead"

I wonder if any of the poor wee lambs, can read that sentence?

Rather than deciding on which players they want, which manager should come in, maybe, just maybe, they might realize their club is slowly getting flushed away. Too be honest, the stench is lingering too long now and I hope the actual flush happens sooner rather than later.

[GreenLake]

I'm an MP (or "IMP" for short) said "Some of us have had to learn new skills".

With pontification and self-aggrandizement skills deeply ingrained, I imagine he must be talking about face painting, cake baking or setting up direct debits.

[Liberal Hibby]

I thought the significant thing was the phrase 'should the final hurdles be cleared'.

Not 'when'.

[Mr White]

"should the final hurdles be cleared to enable this initiative to move ahead"

The most significant part of the whole statement surely.

[Stonewall]

1. The F of H announcement sounds like a strategic withdrawal from MP Ian Murray, appropriately not dissimilar to Napoleon's retreat from Moscow, or Hitler's from Stalingrad!

Well if it turns out that Hearts do go into liquidation he has, in the grand tradition of politicians everywhere, timed his exit rather nicely. Out of the firing line before the **** hits the fan, loads of publicity and no accountability.

[Mikey]

as long as the deal goes through

Good to see he reads hibs.net :tee hee:

[Chibs]

Rats and sinking ships sprang to mind after reading I'm an mp's latest e-mail.

[GreenLake]

Budge will pick up the club name and the cheap unwanted players at the liquidation fire-sale and play them as a rent-a-ground club until they build a new stadium. They might be able to squeeze one in here where it looks like there would be enough room for a wee lowland league compliant stadium.

https://www.google.com/maps/place/Drylaw/@55.9651689,-3.2479827,228m/data=!3m1!1e3!4m2!3m1!1s0x4887c63722bb5aff:0xf8de8 cdf4f683e26?hl=en

[Gus Fring]

Don't be daft you silly bitter hobos, this is what all big clubs do. Don't you see they are close to being fan owned? So very close. Of course they will immediately be handing the club over to a sole individual again but that's not important right now.

The MP is pulling out but there's nothing wrong with pulling out, in fact it's an excellent form of contraception. He's just being effective.

Then there's the human colouring book. His statement brings a tear to any true Hearts fans eye. He says it was a day all the Hearts players were dreading but even though some of them have previously said they had no idea when it was coming but that's ok, he's just covering all the bases. He's clearly a Hearts man through and through. He talks about loyalty and he's obviously very loyal to Hearts, apart from yon time he walked out because he wasn't getting paid but Hearts aren't The Rangers and Hearts players can do walking away as long as they come back again and pretend like nothing ever happened.

Like I said, we are just sad bitter hobos. We don't even realise this email was sent on the 5-3-2014. Budge isnae daft.

:cb

[Mr White]

I feel even more in their shadow now that they have the biggest supporter movement ever. I'm also envious of their proposed business plan. All other British football fans will be too, no doubt about it.

['Mon the Hibs]

Reading between the lines....

-Foundation chairman Ian Murray considers recent developments
-as long as the deal goes through
-There’s a lot still to be done, so our work is far from over
- We now know the path in front of us – it’s up to a five-year commitment as a starting point
-I am a sitting MP, with a very small majority, a significant Shadow Ministerial portfolio and an incredibly busy constituency. ... but I have had to re-emphasise time and time again that I have been doing this in my spare time
-The journey hasn’t even begun
- what we are trying to achieve
- should the final hurdles be cleared to enable this initiative to move ahead
- there will be a new era


Sounds to me that they know it ain't gonna happen, they will be liquidated and all this is to set up Hearts II, with a 5 year plan to get bak to the top flight, starting form the bottom.

Ian Murray knows this and needs to get back to his day job to save his seat, which he has by a small majority.

The newco journey starts next season ... in league 2 :na na:

[gramskiwood]

:thumbsup:
I'm an MP (or "IMP" for short) said "Some of us have had to learn new skills".

With pontification and self-aggrandizement skills deeply ingrained, I imagine he must be talking about face painting, cake baking or setting up direct debits.

[Ozyhibby]

I'm sure it was the Lib dems that came 2nd in I'm an MP's seat so he should be safe enough this time around.

[PatHead]

The line I like is I’m not going to ask you to keep contributing, or to share this email with others, or any other “call to action”. I’m just going to say a genuine thank you".

Really does look like he has given up the ghost.

Appropriate a trumpet has sounded the Last Call.

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

[Gus Fring]

From Kickback, about my earlier post


Again this is another staging post for when the inevitable agreement of the CVA and "unfreezing" of shares happens. No so long ago his source was telling him we wouldn't last past January and we'd liquidated, no CVA agreement blah blah - watch his posts once it becomes clear we're coming out of admin - it'll be my source says they'll get out of it - but its not all rosy etc etc......

I find it curious that they copy and paste my posts regularly but never bother doing it with the ones where they claim I am wrong.


His post makes no sense - if we last till the close season - prize money and ST sales will see us through and we all know if needs be FoH will step in (assuming we all agree) to help fund us. Total nonsense as usual.

It would perhaps help if they bothered reading the post they've copied as well because I clearly stated "They can't sell Season Tickets". Ian Murray himself has confirmed this.


Foundation of Hearts ‏@The_FOH (https://twitter.com/The_FOH) Feb 21 (https://twitter.com/The_FOH/status/436863062810054656)
Ian: As stated earlier, STs only on sale post-admin, and once we know what division. Club / BIDCO working on plan.

[robinp]

I seen this today and I think I have solved the share problem!!

This rubber stamp that the share transfer/thawing is dependent on, is there a chance Hearts have been trying to use the wrong kind of stamp due to a shortage of these master craftsmen?

Perhaps a wax seal is what is really required to do the job but they can't get hold of the correctly embossed stamp! :agree:

http://www.bbc.co.uk/news/magazine-26434818

Maybe they could use one of Gary "Medals" Mackay's many medals to imprint the wax seal on the share transfer document. That ought to do the trick!

http://www.heartsfc.co.uk/javaImages/1f/50/0,,10289~3297311,00.jpg

[monktonharp]

I think they should and RP consider it. the day he agrees to it, is the day I tan his windaes in and pop my ST through his letterbox.

[Craig_in_Prague]

watch his posts once it becomes clear we're coming out of admin


that's imminent huh ?

[Ozyhibby]

the day he agrees to it, is the day I tan his windaes in and pop my ST through his letterbox.

I don't think it will come to that. Livi will be what they go for.

[oneone73]

the day he agrees to it, is the day I tan his windaes in and pop my ST through his letterbox.

I'd do it in reverse order Wullie. Easier getaway.

[Geo_1875]

I feel even more in their shadow now that they have the biggest supporter movement ever. I'm also envious of their proposed business plan. All other British football fans will be too, no doubt about it.

Hertz are a huge movement of epic proportions. Probably so ****ing huge they'll need to break it's back with a stick before the final flushing. Personally, I can't wait. #Makehertzhistory

[s.a.m]

I seen this today and I think I have solved the share problem!!

This rubber stamp that the share transfer/thawing is dependent on, is there a chance Hearts have been trying to use the wrong kind of stamp due to a shortage of these master craftsmen?

Perhaps a wax seal is what is really required to do the job but they can't get hold of the correctly embossed stamp! :agree:

http://www.bbc.co.uk/news/magazine-26434818

Maybe they could use one of Gary "Medals" Mackay's many medals to imprint the wax seal on the share transfer document. That ought to do the trick!

http://www.heartsfc.co.uk/javaImages/1f/50/0,,10289~3297311,00.jpg


I think you may be onto something here. :agree:
As the MP says, they've had to learn new skills. They obviously haven't got to 'R' yet. Once they get someone trained up, there will be no holding them back.

[KeithTheHibby]

And, back on that old money theme, there’s the most important bit, encouraging you, our amazing supporters, to continue to contribute month in, month out and how we can recognise this commitment properly. This is part of the discussion we will have with you.

But for once I’m not going to ask you to keep contributing, or to share this email with others, or any other “call to action”. I’m just going to say a genuine thank you.

Quote above from FOH newsletter.

I think you just did fat boy.

Some of the rest of the article almost caused me to be sick on my laptop. And I had carrot soup.

[Dashing Bob S]

I thought the significant thing was the phrase 'should the final hurdles be cleared'.

Not 'when'.

Kickback has the predictable deluge of silver tears of pride. But one or two Yams are raising this cautionary statement with dread, and of course, being studiously ignored.

[Bostonhibby]

Family yam just confirming that he will start going to games next season to help out the club now that budgie is in charge.

I asked but what about FOH and fan ownership dream? Response was that budgie will look after them all with seats on the board. He especially wanted to keep Jackson and will definitely vote for Murray next election. Sadly he isn't his MP But its not my place to tel him

[GreenLake]

The frequency of rectological fantasy posts is at an all time high on frozensharesback - an accurate indicator of maroon frustration and rage.

[CropleyWasGod]

Family yam just confirming that he will start going to games next season to help out the club now that budgie is in charge.

I asked but what about FOH and fan ownership dream? Response was that budgie will look after them all with seats on the board. He especially wanted to keep Jackson and will definitely vote for Murray next election. Sadly he isn't his MP But its not my place to tel him

He can keep him as long as he wants..... :greengrin

[Mikey]

Family yam just confirming that he will start going to games next season to help out the club now that budgie is in charge.

I asked but what about FOH and fan ownership dream? Response was that budgie will look after them all with seats on the board. He especially wanted to keep Jackson and will definitely vote for Murray next election. Sadly he isn't his MP But its not my place to tel him

He's my MP.

And I won't be voting for him :greengrin

[Chibs]

Junior Member

Registered Users A


1,423 posts
Posted Today, 12:13
Ian Murray has actually put his job on the line as he could quite easily be voted out at the next elections. Very brave of the guy to do this how many of us would risk their job for Hearts. If he does get voted out we could do no worse than give the lad a job at Tynie.
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Any ideas what this job could be

[jacomo]

2 comments on recent posts!
1. The F of H announcement sounds like a strategic withdrawal from MP Ian Murray, appropriately not dissimilar to Napoleon's retreat from Moscow, or Hitler's from Stalingrad!
2. DBS we salute you! superb, & unlike most song parodies it scanned perfectly! Magnifique!

:agree:

But Budge won't want him to go until the messy business of dealing with the administration is done. Why would she get her hands dirty dealing with that?

[jacomo]

Junior Member

Registered Users A


1,423 posts
Posted Today, 12:13
Ian Murray has actually put his job on the line as he could quite easily be voted out at the next elections. Very brave of the guy to do this how many of us would risk their job for Hearts. If he does get voted out we could do no worse than give the lad a job at Tynie.
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Any ideas what this job could be

I'm sure he'd look at any opportunities in the food service side of things.

[monktonharp]

I'd do it in reverse order Wullie. Easier getaway. shucks! heat of the moment stuff Drew. still, I am what I am and wont retract, Ist option it is. at my age they widnae jail me, would they? :rolleyes: anyhoo, could do a 3 month sentence ,standin' oan ma heid:cb

[Bostonhibby]

He's my MP.

And I won't be voting for him :greengrin

Lol, fancy a house swap? ;-)

[Mikey]

Lol, fancy a house swap? ;-)

Depends how many feet of water yours is under :titanic:

[FranckSuzy]

Shamelessly nicked from Facebook :greengrin

12132

[monktonharp]

I'm sure he'd look at any opportunities in the food service side of things.
he's better suited to the gobshiete dept.

[Chibs]

I'm sure he'd look at any opportunities in the food service side of things.
My thoughts exactly.
one pie for you and one pie for me as he serves that thing in the in Leigh photo.

[lord bunberry]

1. The F of H announcement sounds like a strategic withdrawal from MP Ian Murray, appropriately not dissimilar to Napoleon's retreat from Moscow, or Hitler's from Stalingrad!

Well if it turns out that Hearts do go into liquidation he has, in the grand tradition of politicians everywhere, timed his exit rather nicely. Out of the firing line before the **** hits the fan, loads of publicity and no accountability.

Sorry to be pedantic but Hitler didn't retreat from Stalingrad.

[Wighty76]

would they really need a 20k all seated stadium for league 2 , surely meadowbank would make more sense

Im sure Bonnyrigg rose could accommodate them.

[StevieC]

I'd do it in reverse order Wullie. Easier getaway.

It doesn't matter what way round he does it .. his names on the season ticket :wink:

[HUTCHYHIBBY]

"One of Scottish footballs greatest ever stories", aye, alright then Bazza!

You can almost picture him leaning against a tree ipad in hand singing I'm a story teller and my story must be told, what a fud!

[Dashing Bob S]

Murray sounding like an utter cad who has just deposited his load in a big fat lass, and is already pulling on his clothes and making for the door as he tells her how wonderful it all was and promising to phone.

[poolman]

That's some sycophantic two faced crock o' keek from Stevenson

Couldny wait to get out the place and now comes up with that embarrassing b***s***

absolute bell end of a scarf twirler

[CropleyWasGod]

That's some sycophantic two faced crock o' keek from Stevenson

Couldny wait to get out the place and now comes up with that embarrassing b***s***

absolute bell end of a scarf twirler

It's not evolution, it's not revolution, it's Stevolution.

:rolleyes:

[brog]

Sorry to be pedantic but Hitler didn't retreat from Stalingrad.

His troops tried to but failed, possibly even more like IM MP. It was a bit of poetic licence!

[Weststandwanab]

would they really need a 20k all seated stadium for league 2 , surely meadowbank would make more sense Indeed but..... RP could set their rent so that most of their "profit" is paid in rent keeping the Jambo's where they belong year after year. Pleasing

[Dashing Bob S]

Indeed but..... RP could set their rent so that most of their "profit" is paid in rent keeping the Jambo's where they belong year after year. Pleasing

Yes, say 4 out of 5 Yam ST's sold going direct into Hibs coffers, the other for Yam costs; Lowland League wages and the club offices and shop in the car park portakabin.

[Waxy]

Junior Member

Registered Users A


1,423 posts
Posted Today, 12:13
Ian Murray has actually put his job on the line as he could quite easily be voted out at the next elections. Very brave of the guy to do this how many of us would risk their job for Hearts. If he does get voted out we could do no worse than give the lad a job at Tynie.
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Any ideas what this job could beMe thinks he knows his days as an MP were always numbered and he doesn't fancy getting a real job.
so in doing all this he hopes for a lifetimes easy ride at the yams.Think this is where he's coming from.

[Weststandwanab]

I'm an MP (or "IMP" for short) said "Some of us have had to learn new skills".

With pontification and self-aggrandizement skills deeply ingrained, I imagine he must be talking about face painting, cake baking or setting up direct debits. Chunterring in his case I suspect.


I thought the significant thing was the phrase 'should the final hurdles be cleared'.

Not 'when'. Indeed, quite significant think.


1. The F of H announcement sounds like a strategic withdrawal from MP Ian Murray, appropriately not dissimilar to Napoleon's retreat from Moscow, or Hitler's from Stalingrad!

Well if it turns out that Hearts do go into liquidation he has, in the grand tradition of politicians everywhere, timed his exit rather nicely. Out of the firing line before the **** hits the fan, loads of publicity and no accountability. I agree.


that's imminent huh ?We live in hope !


He's my MP.

And I won't be voting for him :greengrin Did you vote for him last election ?


Junior Member

Registered Users A


1,423 posts
Posted Today, 12:13
Ian Murray has actually put his job on the line as he could quite easily be voted out at the next elections. Very brave of the guy to do this how many of us would risk their job for Hearts. If he does get voted out we could do no worse than give the lad a job at Tynie.
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Any ideas what this job could be Chippy serving solver dole

[Kojock]

Originally Posted by :
Foundation of Hearts ‏@The_FOH Feb 21
Ian: As stated earlier, STs only on sale post-admin, and once we know what division. Club / BIDCO working on plan.

So once they are officially relagated, they still can't sell season tickets till they are out of admin. What happens when they are still in admin come the start of next season. Minus 15 and no season money, they could struggle.

[Jack Hackett]

Originally Posted by :
Foundation of Hearts ‏@The_FOH Feb 21
Ian: As stated earlier, STs only on sale post-admin, and once we know what division. Club / BIDCO working on plan.

So once they are officially relagated, they still can't sell season tickets till they are out of admin. What happens when they are still in admin come the start of next season. Minus 15 and no season money, they could struggle.

I'll hazard a guess that once they are mathematically relegated, they'll start selling Championship season tickets, but ring-fence the money for Budgie. BDO will have to arrange cake bakes or go begging from FoH for tide-over cash...something they've already hinted would be agreeable. Then again, if the admin goes to the close season with no rubber stamp or specified date, they might just pull the chain and flush them away.

#allverycomplex

[Kaff]

Indeed but..... RP could set their rent so that most of their "profit" is paid in rent keeping the Jambo's where they belong year after year. Pleasing

While renting to them could appeal financially we would have to invest heavily in the pitch to withstand the extra games and a cautionary tale from Germany where I believe 1860 Munich took pity on there beleaguered city neighbours and allowed them to groundshare while finding their feet, that worked out well for 1860 in the long run?

Edit. Having heard or read this tale a while ago I can't find evidence (qquick look around with Google) so I might have made this up!

[Gus Fring]

I'll hazard a guess that once they are mathematically relegated, they'll start selling Championship season tickets, but ring-fence the money for Budgie. BDO will have to arrange cake bakes or go begging from FoH for tide-over cash...something they've already hinted would be agreeable. Then again, if the admin goes to the close season with no rubber stamp or specified date, they might just pull the chain and flush them away.

#allverycomplex

Selling Season Tickets whilst still in administration could be perceived as creating a creditor as they cannot guarantee the club will still be around to fulfil their obligation. I don't think they can enter in to a binding agreement with FOH to loan them any money for the same reason.

[Famous Fiver]

You know what all these statements reminded me of? The Eulogy for the dearly departed at a funeral!!

TICK TOCK

[Weststandwanab]

Selling Season Tickets whilst still in administration could be perceived as creating a creditor as they cannot guarantee the club will still be around to fulfil their obligation. I don't think they can enter in to a binding agreement with FOH to loan them any money for the same reason. They cannot.

[Ozyhibby]

While renting to them could appeal financially we would have to invest heavily in the pitch to withstand the extra games and a cautionary tale from Germany where I believe 1860 Munich took pity on there beleaguered city neighbours and allowed them to groundshare while finding their feet, that worked out well for 1860 in the long run?

I agree. This is business. If you see your closest direct competitor drowning, put your foot on their head and ram a hosepipe (switched on) down their throat, just to make sure.

[Jack Hackett]

Selling Season Tickets whilst still in administration could be perceived as creating a creditor as they cannot guarantee the club will still be around to fulfil their obligation. I don't think they can enter in to a binding agreement with FOH to loan them any money for the same reason.


They cannot.

Dunfermline went into admin in March last year and didn't exit until December. Season tickets went on sale in May. The only proviso was that they couldn't offer monthly payment options

http://www.dafc.co.uk/articles/20130504/be-the-12th-man-buy-a-season-ticket_2244980_3167063

Note the last paragraph

There is no suggestion that FoH would loan money to run the club, it would be a gift

[SmashinGlass]

He's my MP.

And I won't be voting for him :greengrin

Likewise. I've emailed him telling him such. He has tried a grovelling response but has been swiftly told in no uncertain terms that I won't vote for a politician who openly supports corrupt and charity robbing institutions. He didn't like that series of emails very much :greengrin

[Keith_M]

While renting to them could appeal financially we would have to invest heavily in the pitch to withstand the extra games and a cautionary tale from Germany where I believe 1860 Munich took pity on there beleaguered city neighbours and allowed them to groundshare while finding their feet, that worked out well for 1860 in the long run?

Edit. Having heard or read this tale a while ago I can't find evidence (qquick look around with Google) so I might have made this up!



I've never heard of that but 1860 almost went bust a few years ago and were bailed out by Bayern Munich.

So if the first tale is true, they were paid back in the long run.

Actually, Bayern also helped Dortmund out of a hole by loaning them €2M.

[PeeJay]

While renting to them could appeal financially we would have to invest heavily in the pitch to withstand the extra games and a cautionary tale from Germany where I believe 1860 Munich took pity on there beleaguered city neighbours and allowed them to groundshare while finding their feet, that worked out well for 1860 in the long run?

Edit. Having heard or read this tale a while ago I can't find evidence (qquick look around with Google) so I might have made this up!

Actually, it's the other way round - at least in recent history, not sure about way back when TBH. Bayern München took pity on 1860 München who have a stadium in Grünwalder Strasse that they were unable to renovate or use from 95 onwards; they then played in the Olympic Stadium in Munich on alternate Saturdays sharing with Bayern, before finally moving to the new sort of jointly financed Allianz stadium. Bayern then saved 1860 from insolvency after tales of corruption and financial shenanigans, buying back the 1860 share of the stadium in full, I believe (not really sure) ... some Jordanian businessman has now invested in 1860 München, so maybe better times are ahead for the club

[Gus Fring]

Dunfermline went into admin in March last year and didn't exit until December. Season tickets went on sale in May. The only proviso was that they couldn't offer monthly payment options

http://www.dafc.co.uk/articles/20130504/be-the-12th-man-buy-a-season-ticket_2244980_3167063

Note the last paragraph

There is no suggestion that FoH would loan money to run the club, it would be a gift

Yes, you're right that they can sell them if they ring fence them until they are out of administration. I wasn't meaning to disagree with you on that front. I was meaning (as a continuation of what I was saying earlier) that using the ST money to help keep the club afloat can't happen because it would create creditors.

On the point of FOH gifting them money, it could be dangerous. If they gift them a large wad of cash and they still get liquidated they'd have less money to spend in the liquidation sale. At that stage, FOH and Budge would be as well biding their time and picking up the football bits on the cheap, minus the PBS.

[Phil D. Rolls]

How come there is nobody on Kickback that can refute the things on here, without resorting to talking about 5-1? Surely they can do better than talk about Ann Budge like she is an internationally respected businesswoman?

I'm not saying she isn't, it's just that their ability to judge owners had fallen short so often that they must have doubts. Maybe someone that knows about psychology, or who knows a psychologist, or knows someone who has been to a psychologist can help?

[truehibernian]

I'm more concerned reading on their twitter page that Tam Cowan charges £800 fees to attend events !!

All that cash to watch that humourless scotch egg on legs - surely a fraud there ?

[nribs]

I'm more concerned reading on their twitter page that Tam Cowan charges £800 fees to attend events !!

All that cash to watch that humourless scotch egg on legs - surely a fraud there ?
I heard from a Jambo at work he gave his fees to F OH?

[truehibernian]

Likewise. I've emailed him telling him such. He has tried a grovelling response but has been swiftly told in no uncertain terms that I won't vote for a politician who openly supports corrupt and charity robbing institutions. He didn't like that series of emails very much :greengrin

He replied to me way back in the beginning with an incredible response, agreeing with me it was awful that bills and creditors had been left high and dry, then reiterating how much work he did in the community and the Hearts stuff was in his own time - asked to be removed from his mailing list and I still receive his newsletter - he can't even do the simple tasks 😀

My non footballing friends most definitely aren't voting for him and they are labour through and through - they cannot abide him.

[truehibernian]

I heard from a Jambo at work he gave his fees to F OH?

He did - I'm just incredulous he charges folk to see him, it should be punters being paid to watch him - he's absolutely awful and calling him a comedian is astonishingly ironic !

[Prof. Shaggy]

Sitting here with my acoustic guitar, playing some Bob Dylan, having great fun.

Here's a new version of 'The Times They Are a Changin'.

If you have an acoustic guitar and are semi competent, give it a go - great fun!



Gather 'round jambos
Wherever you roam
And admit that the finances
Around you have blown

And accept it that you’re
being fleeced to the bone
If your money to you
Is worth savin'

Then you better start prayin
As you sink like a stone
For the shares they are a-frozen
..............
..............

And the first liquidation
Will later be last
For the shares they are a-frozen'

This is work of the highest standard....

[O'Rourke3]

I was tearing tears of pride with that valedictorian farewell speech/plea for an executive role when the money starts pouring in....

In his spare time eh? I wonder if there were calls made from the office or e-mails from his Parliamentary account.

[Jack Hackett]

Yes, you're right that they can sell them if they ring fence them until they are out of administration. I wasn't meaning to disagree with you on that front. I was meaning (as a continuation of what I was saying earlier) that using the ST money to help keep the club afloat can't happen because it would create creditors.

On the point of FOH gifting them money, it could be dangerous. If they gift them a large wad of cash and they still get liquidated they'd have less money to spend in the liquidation sale. At that stage, FOH and Budge would be as well biding their time and picking up the football bits on the cheap, minus the PBS.

It will be dangerous, but we're talking about desperate people. Keeping the club afloat would be a gamble but the alternative would mean the cesspit being put on the open market, and there's little doubt it would fetch more than Budge and FoH could afford. The gamble is that they get the shares sooner rather than later, and a few hundred grand would be a small price to pay...and a lot cheaper than having to find somewhere to play next season.

I would add that FoH would be gambling with the mugs money, so no real skin off their nose. The mugs would go for it if asked

[poolman]

How come there is nobody on Kickback that can refute the things on here, without resorting to talking about 5-1? Surely they can do better than talk about Ann Budge like she is an internationally respected businesswoman?

I'm not saying she isn't, it's just that their ability to judge owners had fallen short so often that they must have doubts. Maybe someone that knows about psychology, or who knows a psychologist, or knows someone who has been to a psychologist can help?


Perhaps somebody can give them Roy Hodgson's number

[Jack Hackett]

Anyone got the Record stream working....All I'm getting is 'Error Message: stream not found'

[CropleyWasGod]

Anyone got the Record stream working....All I'm getting is 'Error Message: stream not found'

It's a UBIG asset.

:greengrin

[Jack Hackett]

It's a UBIG asset.

:greengrin

Lol!

Got it working now, keeps freezing though....so you might be right :greengrin

Just noticed I posted this on the wrong thread. Too many gins methinks :rolleyes:

[ano hibby]

Anyone got the Record stream working....All I'm getting is 'Error Message: stream not found'

I'm getting redirected to a private Gary Locke page..?

[Kato]

How come there is nobody on Kickback that can refute the things on here, without resorting to talking about 5-1? Surely they can do better than talk about Ann Budge like she is an internationally respected businesswoman?

I'm not saying she isn't, it's just that their ability to judge owners had fallen short so often that they must have doubts. Maybe someone that knows about psychology, or who knows a psychologist, or knows someone who has been to a psychologist can help?


It's the classic behaviour of cowardly lickspittles. "Mr" Romanov isn't around to cow-tow to any more so they act like a pack of jackals, lashing out and bristling up trying to act big (5-1, 1902, Junkies etc, etc, ad-infinitum.) Their current, possibly fatal crisis means they'll slaver over all the good news and if anybody questions or doubts, the dissenter is rounded upon and snarled down or portrayed as crazy with accompanying cackles. Those who throw scraps of spin at them are lauded and nuzzled up against in the hope that someone, sometime soon, will emerge for them to look up to and the forelock tugging can recommence. "Mrs" Budge isn't quite there as yet as after weeks of being fed the "fan owned" spin she's only now become a public figure to them but I bet a few are practicing their curtsey's already, just like some of them used to unconsciously bow to "Lord" Faults when he was reeking their gaff out. It's in the DNA of these petty establishment institutions like HMFC to require a strictly marked out hierarchy. Little Johnny Jambo knows his place and thinking for himself is totally a no go area.

[Jack]

It doesn't matter what way round he does it .. his names on the season ticket :wink:

Darwin Awards spring to mind ;-)

For all those suggesting they use our stadium, or Meadowbank, or Livingston ...

Why?

Why would we/they want to rent to a semi professional, totally bitter, outfit?

Why would they need anything that size once the mythical 400,000 fans, already down to 7/8000 (probably closer to 07) S.H.I.T. followers, like their, did you know I'm a MP, just call me Ian, scarper?

Three or four at best and only then if one of the three brings their dug.

[portycabbage]

Anyone got the Record stream working....All I'm getting is 'Error Message: stream not found'


I'm getting redirected to a private Gary Locke page..?

If there's one man who can seek out a "stream"...

[Hibernianinc]

I'll post this, as I found it interesting. I'll caveat, I know no more than I post, and cannot name names beyond those that are obvious, as I don't know them.

I'm sure in some quarters this will be interpreted as hobo-pish, but there you go.

I was out with a mate last night. He has a work colleague who is a big Hibbie. This colleague is from a hibs-supporting family, his dad apparently a big supporter and active with the club.

His aunt, however, is a jambo. And 'poised' to become active in 'that' club.

As a reasonably close family, albeit with split allegiances, this latest development has caused some concern.

The aunt's position is simple -

1. All goes to plan, she's no worse off, has saved her club and is a hero. Queen of herts if you will.
2. DDs all dry up, FoH can't buy the club, she gets it for a song, flogs it to someone else with more money and less sense, makes some cash, saves her club, is a hero, blah, blah, blah.

However. Her plan, under both scenarios 1 and 2 involves her spending not a bolt beyond the 2.5m initial outlay. Regardless of division, and quality of player available.

The family concern is that jonny yam, used to WC stars, will quite quickly expect the aunt to start spending some of her reported 40m pdq. They are worried that the massed hordes will quickly turn on the Queen and her good intentions quickly become a bad decision.

Ultimately, whether this happens, whether she's bothered with the flak is of no interest to me. The words "not a bolt" were all I was interested in.:thumbsup:

As I say, all I know, and if others can dispute anything then fair-dos. Just posting what I was told. :greengrin

[Kato]

The family concern is that jonny yam, used to WC stars, will quite quickly expect the aunt to start spending some of her reported 40m pdq. They are worried that the massed hordes will quickly turn on the Queen and her good intentions quickly become a bad decision.


They'd be right to be concerned. Had a discussion with a jambo a while back when I claimed Hearts fans just sat back and watched Mercer, The Pieman and Vlad financially dope them beyond all hope. He came back with the fact (and it is) that Hearts fans did protest against both Mercer and The Pieman. On pointing out that they only complained about those two when the financial doping was dropped I didn't get any reply at, all 'cos that is a fact too.

[Jack]

There's an aspect here we haven't yet discussed! A woman, a lady by all reports, owning their football club.

Football has long been regarded as a male stronghold. Indeed reports from clubs where ladies have [had] power suggest a real struggle.

The yams, like most clubs, have had powerful and successful men [ok I'll concede], at the helm, pulling the strings; a few hangers on appear to consider themselves in the same bracket.

I've already had yampals talking about the Budgie Burd in the manner of 'her indoors' and other terms suggesting a wee bit of sweet talking and she'll be putty in their hands.

Another wee thing to look out for as this blows up in their faces.

[Dashing Bob S]

They'd be right to be concerned. Had a discussion with a jambo a while back when I claimed Hearts fans just sat back and watched Mercer, The Pieman and Vlad financially dope them beyond all hope. He came back with the fact (and it is) that Hearts fans did protest against both Mercer and The Pieman. On pointing out that they only complained about those two when the financial doping was dropped I didn't get any reply at, all 'cos that is a fact too.

Quite. I'm simply not buying the guff that they are the innocent parties in their demise. The cold facts will tell everyone that they fell on the sword of their self described 'big team' arrogance. They only grew dissatisfied with Romanov's antics when he stopped putting silly funny money through their soiled books.

For this reason I would love to see a CVA lumbering them with either a tight-arsed boss in Budge, or even more hilariously, trying to run the show themselves.They just don't have the psyche to make either work.

Sadly I doubt this will happen as they've messed it up beyond recognition and are liquidation bound. Either way we have to look forward to the arrogant sneers of the bully continuing to become the unseemly 'poor us' whimperings of the coward.

[Jack Hackett]

There's an aspect here we haven't yet discussed! A woman, a lady by all reports, owning their football club.

Football has long been regarded as a male stronghold. Indeed reports from clubs where ladies have [had] power suggest a real struggle.

The yams, like most clubs, have had powerful and successful men [ok I'll concede], at the helm, pulling the strings; a few hangers on appear to consider themselves in the same bracket.

I've already had yampals talking about the Budgie Burd in the manner of 'her indoors' and other terms suggesting a wee bit of sweet talking and she'll be putty in their hands.

Another wee thing to look out for as this blows up in their faces.

If ever there was an 'unreconstructed man' stereotype, it would be them Jack. Their attitudes to all things go back even further than last century. The term 'Throwback' was devised specifically with them in mind :cb

[Jack Hackett]

Quite. I'm simply not buying the guff that they are the innocent parties in their demise. The cold facts will tell everyone that they fell on the sword of their self described 'big team' arrogance. They only grew dissatisfied with Romanov's antics when he stopped putting silly funny money through their soiled books.

For this reason I would love to see a CVA lumbering them with either a tight-arsed boss in Budge, or even more hilariously, trying to run the show themselves.They just don't have the psyche to make either work.

Sadly I doubt this will happen as they've messed it up beyond recognition and are liquidation bound. Either way we have to look forward to the arrogant sneers of the bully continuing to become the unseemly 'poor us' whimperings of the coward.

Never considered them as 'bullies' DBS, they were never that hard. More like spoiled kids living out of daddies wallet. Daddy's done the inheritance playing the stockmarket though. Life's gonna be hard for them now....hopefully with them being turfed out onto the street for starters

[Dashing Bob S]

Never considered them as 'bullies' DBS, they were never that hard. More like spoiled kids living out of daddies wallet. Daddy's done the inheritance playing the stockmarket though. Life's gonna be hard for them now....hopefully with them being turfed out onto the street for starters

Yes, on reflection your description far more apt. Well, the trust fund has truly been cut off now but the mentality is the same. I fear they will be in for a dreadful shock trying to pay their way from here on in. Once the novelty of adventure wears off, the vast majority will lack the spine to stick with the club.

[FranckSuzy]

There's an aspect here we haven't yet discussed! A woman, a lady by all reports, owning their football club.

Football has long been regarded as a male stronghold. Indeed reports from clubs where ladies have [had] power suggest a real struggle.

The yams, like most clubs, have had powerful and successful men [ok I'll concede], at the helm, pulling the strings; a few hangers on appear to consider themselves in the same bracket.

I've already had yampals talking about the Budgie Burd in the manner of 'her indoors' and other terms suggesting a wee bit of sweet talking and she'll be putty in their hands.

Another wee thing to look out for as this blows up in their faces.

:agree: A Yam supporting friend of my brother's is always having a 'go' at me on Facebook with comments like "football is not for girls" and other equally ridiculous nonsense. When I pointed out to him that 1) Hear7s need ALL of their fans money at the moment and 2) a female was being touted as their saviour, he seemed to disappear :rolleyes:. Even his other pals were embarrassed for him.

[greenginger]

They'd be right to be concerned. Had a discussion with a jambo a while back when I claimed Hearts fans just sat back and watched Mercer, The Pieman and Vlad financially dope them beyond all hope. He came back with the fact (and it is) that Hearts fans did protest against both Mercer and The Pieman. On pointing out that they only complained about those two when the financial doping was dropped I didn't get any reply at, all 'cos that is a fact too.


Mrs Budge has recently moved into a large stone detached house about 500 yards from the PBS as the crow flies.

It fronts the main road and her personalised plate car is in the drive.

Won't take the knuckle-draggers long to find that out and when hero turns to zero they'll be at her gates.

There goes the neighbourhood. :greengrin

[GreenLake]

Mrs Budge has recently moved into a large stone detached house about 500 yards from the PBS as the crow flies.

It fronts the main road and her personalised plate car is in the drive.

Won't take the knuckle-draggers long to find that out and when hero turns to zero they'll be at her gates.

There goes the neighbourhood. :greengrin

For health reasons, one would hope she is upwind from the PBS

[Weststandwanab]

Dunfermline went into admin in March last year and didn't exit until December. Season tickets went on sale in May. The only proviso was that they couldn't offer monthly payment options

http://www.dafc.co.uk/articles/20130504/be-the-12th-man-buy-a-season-ticket_2244980_3167063

Note the last paragraph

There is no suggestion that FoH would loan money to run the club, it would be a gift Legally F.O.H. could not lend them the money.


I'm more concerned reading on their twitter page that Tam Cowan charges £800 fees to attend events !!

All that cash to watch that humourless scotch egg on legs - surely a fraud there ? To be fair that is only .2p from each of the 400,000 fans.

[truehibernian]

Legally F.O.H. could not lend them the money.

To be fair that is only .2p from each of the 400,000 fans.

True - but I'd rather sit through a box set of Late Call episodes than watch that idiot !

[Smiggy 7-0]

Sooner they no longer exist, the better.

[scott7_0(Prague)]

They deid yet?

[Geo_1875]

They deid yet?

Yes. They just don't know it.

[jakeshibs]

Sooner they no longer exist, the better.

my thoughts exactly

[Dashing Bob S]

Here’s a pro-forma for FOH to release at the end of every week, in the interests of ‘fan communication.’

1. The Optimistic Intro

Well it’s another week on since our last bulletin, and we’re still working frantically behind the scenes to make history and ensure that the bold dream of total fan ownership of our proud Heart of Midlothian Football Club, becomes a reality! This has only been possible by our fabulous fans, who have banded together as a family, and have been the salvation of our glorious club in these difficult times.

2. The 'Absolving Myself of the Blame When It goes Tits-up' Section

However, while we are delighted that all parties have reached agreement in principle, there remain several obstacles in place to achieving our goal. As has been stated, the procedures are incredibly complex, and although much has been achieved, we still have some way to go to cross the finishing line.

3. The Dark, Discretely-Hidden, but Thinly-Veiled Warning

However, we remain confident in doing this before our finances compel alternative courses of action.

4. The Shameless Tap-Up for More Cash

Which brings us onto the age-old issue of money. Hearts fans have already made superhuman efforts to save the club, and it’s with heavy hearts that we exhort you to try to dig deeper. If you already contribute, see if you can review your finances and perhaps offer just a bit more. It could be that a family member and close friend has Hearts sympathies and doesn’t want to see the heart and soul of Edinburgh consigned to history. Identify those individuals and tell them about our debit scheme!

5. The Final Rallying Cry

But with your help, we are confident that this will not happen. Hearts fans have been magnificent in backing the club through thick and thin. We are confident that we are on the verge of something great and exciting, a bold new future for our famous and glorious club.

(Play promo video and gush silver tears on pride, get on phone/net to adjust pledge northwards)

(Repeat, with minor variations, till liquidation.)

[Winston Ingram]

Here’s a pro-forma for FOH to release at the end of every week, in the interests of ‘fan communication.’

1. The Optimistic Intro

Well it’s another week on since our last bulletin, and we’re still working frantically behind the scenes to make history and ensure that the bold dream of total fan ownership of our proud Heart of Midlothian Football Club, becomes a reality! This has only been possible by our fabulous fans, who have banded together as a family, and have been the salvation of our glorious club in these difficult times.

2. The 'Absolving Myself of the Blame When It goes Tits-up' Section

However, while we are delighted that all parties have reached agreement in principle, there remain several obstacles in place to achieving our goal. As has been stated, the procedures are incredibly complex, and although much has been achieved, we still have some way to go to cross the finishing line.

3. The Dark, Discretely-Hidden, but Thinly-Veiled Warning

However, we remain confident in doing this before our finances compel alternative courses of action.

4. The Shameless Tap-Up for More Cash

Which brings us onto the age-old issue of money. Hearts fans have already made superhuman efforts to save the club, and it’s with heavy hearts that we exhort you to try to dig deeper. If you already contribute, see if you can review your finances and perhaps offer just a bit more. It could be that a family member and close friend has Hearts sympathies and doesn’t want to see the heart and soul of Edinburgh consigned to history. Identify those individuals and tell them about our debit scheme!

5. The Final Rallying Cry

But with your help, we are confident that this will not happen. Hearts fans have been magnificent in backing the club through thick and thin. We are confident that we are on the verge of something great and exciting, a bold new future for our famous and glorious club.

(Play promo video and gush silver tears on pride, get on phone/net to adjust pledge northwards)

(Repeat, with minor variations, till liquidation.)

:greengrin

[davcar]

So quick question to one of our more financial experts to answer, WHEN or indeed IF the shares become defrosted how long will it take them to get the CVA agreed so FOH can take over and hand the reigns to Budge?

I'm presuming IF it happens the next step would be to agree a deal with UBIG or UKIOS to purchase these, shares? Is there a cooling period involved whereby FOH could get gazzumped?

IF they then purchase said shares, will the creditors have a cooling period before agreeing p in the £ and once that is over only then they can come out of admin with a voluntary CVA?

If I'm correct surely this could take at least 2 full months to accomplish?

That IF is a massive word I reckon!

[Mikey]

So quick question to one of our more financial experts to answer, WHEN or indeed IF the shares become defrosted how long will it take them to get the CVA agreed so FOH can take over and hand the reigns to Budge?

I'm presuming IF it happens the next step would be to agree a deal with UBIG or UKIOS to purchase these, shares? Is there a cooling period involved whereby FOH could get gazzumped?

IF they then purchase said shares, will the creditors have a cooling period before agreeing p in the £ and once that is over only then they can come out of admin with a voluntary CVA?

If I'm correct surely this could take at least 2 full months to accomplish?

That IF is a massive word I reckon!

They've pretty much got everything in place to get things up and running when they get the shares and yesterday's announcement by Ian Murray is just another step towards that.

The shares are the key though. Without them they're stuffed and there's absolutely nothing to suggest that they'll get them anytime soon. If it was as easy as some of them think then they would have had them months ago.

But they don't.

And won't :greengrin

[Dashing Bob S]

They've pretty much got everything in place to get things up and running when they get the shares and yesterday's announcement by Ian Murray is just another step towards that.

The shares are the key though. Without them they're stuffed and there's absolutely nothing to suggest that they'll get them anytime soon. If it was as easy as some of them think then they would have had them months ago.

But they don't.

And won't :greengrin

Yes, all they are doing is agreeing procedures between themselves to be enacted when they finally get the shares. The procedure for them ('them' in this case including the other shabby entities they became inextricably bound up with on this adventure) agreeing to get the shares from the Lithuanian authorities is a different matter and is always going to be the key issue.

They can't set a timetable because this is out of their hands. They simply have no way of knowing how long this will take. All precedents point to at least months, possibly years, when they need this to happen in WEEKS.

Otherwise...http://www.youtube.com/watch?v=5zke0qh1fdY

[hibbill2002]

They've pretty much got everything in place to get things up and running when they get the shares and yesterday's announcement by Ian Murray is just another step towards that.

The shares are the key though. Without them they're stuffed and there's absolutely nothing to suggest that they'll get them anytime soon. If it was as easy as some of them think then they would have had them months ago.

But they don't.

And won't :greengrin
And won't ???
is that a defo won't or a your hoping won't ?

[Mikey]

And won't ???
is that a defo won't or a your hoping won't ?

Erm........ have you been reading this thread? :greengrin

[SmashinGlass]

Yes, all they are doing is agreeing procedures between themselves to be enacted when they finally get the shares. The procedure for them ('them' in this case including the other shabby entities they became inextricably bound up with on this adventure) agreeing to get the shares from the Lithuanian authorities is a different matter and is always going to be the key issue.

They can't set a timetable because this is out of their hands. They simply have no way of knowing how long this will take. All precedents point to at least months, possibly years, when they need this to happen in WEEKS.

Otherwise...http://www.youtube.com/watch?v=5zke0qh1fdY

They love a bit of bureaucracy do the yams.

[GreenLake]

They love a bit of bureaucracy do the yams.

In their case it's burrocracy.

[hibbill2002]

Erm........ have you been reading this thread? :greengrin
Not it all.

[davcar]

They've pretty much got everything in place to get things up and running when they get the shares and yesterday's announcement by Ian Murray is just another step towards that.

The shares are the key though. Without them they're stuffed and there's absolutely nothing to suggest that they'll get them anytime soon. If it was as easy as some of them think then they would have had them months ago.

But they don't.

And won't :greengrin


I knew they had most things verbally agreed but will there still not be a legal procedure for them to follow which could add to the delay and push them closer to the deadlines for next next season?

Although hopefully the iceberg stays frozen long enough to impact the sinking ship further!

[sixtwo]

Barry Anderson embarrassed himself on twitter earlier today. In one tweet he lambasted the financial state of QPR. He called them mental and buffoons. His next tweet was to alert the yams to Paulo Sergio autograph signing at tynie this weekend. I replied to make him aware of the irony and hypocrisy within his tweets but he put his head in the sand and chose not to believe!

[Phil D. Rolls]

They deid yet?

According to wecantakeitback they are just pining for the fjords. :greengrin

[Mikey]

I knew they had most things verbally agreed but will there still not be a legal procedure for them to follow which could add to the delay and push them closer to the deadlines for next next season?

Although hopefully the iceberg stays frozen long enough to impact the sinking ship further!

Yes. They need to wait for a series of meetings and court hearings to take place and they have to hope the shares are unfrozen at the end of the process.

Part 1 will be slow and part 2 is extremely unlikely :greengrin

[Phil D. Rolls]

Continuing glimmers of hope shine through the fog of their delusion.




Monkey 70 on Typewriter 62 Writes

The story goes that one of the earleir delays was purely down to the fact that anybody who was anybody at the Lithuanian administrators was dealing with creditors far, far more important than us. Unless the teaboy deals with us, we will have to wait until such times people are freed up.

In lieu of this, and I know they wont nor really should, you would think the footballing authorities in this country would recognise this when it comes to our coming out of admin date. I have a very uneasy feeling that this might rumble on and we miss the deadline re a further points reduction. Everybody can see we have everything in place, we have worked hard and got ourselves into a workable position for the future. I'd hate to think we could incur further sanctions purely because we are so far down the food chain.

Remember recovery comes in waves and not straight lines. We might be able to save the patient yet.

If we ignore the persistent failure of them to take responsibility, and instead focus on the growing acceptance that they are not that important globally, surely it's only a matter of time till they accept their insignificance everywhere.

[Mikey]

Continuing glimmers of hope shine through the fog of their delusion.



Remember recovery comes in waves and not straight lines. We might be able to save the patient yet.

If we ignore the persistent failure of them to take responsibility, and instead focus on the growing acceptance that they are not that important globally, surely it's only a matter of time till they accept their insignificance everywhere.

That's exactly the line they're going to try..........

"Look, we've done all we can but we're being held up by the Lithuanian legal system. It's not our fault (just like everything else)".

[Phil D. Rolls]

That's exactly the line they're going to try..........

"Look, we've done all we can but we're being held up by the Lithuanian legal system. It's not our fault (just like everything else)".

Don't they sell humble pie at their bake sales?:confused:

[Dashing Bob S]

Don't they sell humble pie at their bake sales?:confused:

I agree to give you my bakery goods once my oven has been unfrozen.

[GreenLake]

That's exactly the line they're going to try..........

"Look, we've done all we can but we're being held up by the Lithuanian legal system. It's not our fault (just like everything else)".

The Lithuanians will be more interested in the Crimea than the crime here.

[davcar]

That's exactly the line they're going to try..........

"Look, we've done all we can but we're being held up by the Lithuanian legal system. It's not our fault (just like everything else)".


Great thanks Mikey, so even if by some miracle they do get the defrost sanctioned soon it could be months before they fully get back on their feet. :greengrin

[Mikey]

Great thanks Mikey, so even if by some miracle they do get the defrost sanctioned soon it could be months before they fully get back on their feet. :greengrin

The defrosting would be the last hurdle. The meetings need to be had first and there's nothing on the horizon yet.

[truehibernian]

Saw Rudi today with his other half turning into Forrest Road. Has a nose like a wind sock. Missus looks a bit masculine too. I think Clarence put on a traffic diversion on George IV Bridge so high sided vehicles wouldn't get taken out by his nose if he shook his heid.

[Phil D. Rolls]

I agree to give you my bakery goods once my oven has been unfrozen.

I know you have worked hard, and have no reason to mistrust you.

[Phil D. Rolls]

Monkey 1874 on Typewriter x 26



Posted Yesterday, 18:54
Munch (aka Norwegian Blue)


Now over at the net they are discussing renting the San giro to us at an extortionate rate they just donate get it

FFS the nerve of them, they are wanting to use our ground for free!!!

[#FromTheCapital]

Saw Rudi today with his other half turning into Forrest Road. Has a nose like a wind sock. Missus looks a bit masculine too. I think Clarence put on a traffic diversion on George IV Bridge so high sided vehicles wouldn't get taken out by his nose if he shook his heid.

His birds a bit of a munter.

[truehibernian]

His birds a bit of a munter.

Yep - good figure but very 3.30 at Kempton.

[nribs]

Should Hearts not manage to come out of Admin before the beginning of next season and start on -15 it may be another tall order to acquire the appropriate points to avoid another relegation. This season Morton who have been honking have 16 points after 26 games Cowdenbeath have
28 points after the same number of games.

[Kato]

Barry Anderson embarrassed himself on twitter earlier today. In one tweet he lambasted the financial state of QPR. He called them mental and buffoons. His next tweet was to alert the yams to Paulo Sergio autograph signing at tynie this weekend. I replied to make him aware of the irony and hypocrisy within his tweets but he put his head in the sand and chose not to believe!

He doesn't like that. As I said earlier in this thread when he claimed Hearts were "self sufficient" because UBIG had cut all ties with Hearts I asked him if he actually meant "self reliant" which more accurately described their position. When that position turned into a predicament.I pointed out I had been correct so he blocked me. Hearts tool (ex-Vlad tool).

[Wighty76]

Barry Anderson embarrassed himself on twitter earlier today. In one tweet he lambasted the financial state of QPR. He called them mental and buffoons. His next tweet was to alert the yams to Paulo Sergio autograph signing at tynie this weekend. I replied to make him aware of the irony and hypocrisy within his tweets but he put his head in the sand and chose not to believe!

Banderson is a reject. Slagging off another clubs financial state. He's hit a new low this time.

[Springbank]

Do QPR have a rubber stamp?
Or a Big Team approach to rules n regs n charities?

[Kato]

Do QPR have a rubber stamp?
Or a Big Team approach to rules n regs n charities?

Maybe they've got someone who underwrites their debt, as in an HONEST PERSON.

[monktonharp]

That's exactly the line they're going to try..........

"Look, we've done all we can but we're being held up by the Lithuanian legal system. It's not our fault (just like everything else)".I have thought, for a long time that it's more than just the Lith justice system but also the powerbrokers in the Lith Government that call the shots with Ukio and UBIG'S mess. could now be even more complicated with the Russian situation :wink:

[Ronniekirk]

Saw Rudi today with his other half turning into Forrest Road. Has a nose like a wind sock. Missus looks a bit masculine too. I think Clarence put on a traffic diversion on George IV Bridge so high sided vehicles wouldn't get taken out by his nose if he shook his heid.
See there was an article in paper again with him and Locke chatting and they are saying he will be there for next two months and they still want to sign him .Is he in effect being used as another back room staff / coach or is he just there to keep morale up He really is a hanger on .There was also mention of hearts not getting out of Administration till end of April .First time I have seen media concede that . So by end of March it will be getting touted as May and we really are getting to squeaky Bum time then .After they get relegated and play us wonder what real not made up crowd will be for run in .

[jacomo]

He doesn't like that. As I said earlier in this thread when he claimed Hearts were "self sufficient" because UBIG had cut all ties with Hearts I asked him if he actually meant "self reliant" which more accurately described their position. When that position turned into a predicament.I pointed out I had been correct so he blocked me. Hearts tool (ex-Vlad tool).

I think there is still a lot more to come out re: Hearts. If it turns out the club was involved in fraudulent or criminal transactions, it becomes a much more serious story.

People in glass houses should really avoid throwing stones.

[Kato]

People in glass houses should really avoid throwing stones.


Someone told me they saw David Southern trying to dismantle his Conservatory over the weekend but sounds too far fetched.

[Dashing Bob S]

I think there is still a lot more to come out re: Hearts. If it turns out the club was involved in fraudulent or criminal transactions, it becomes a much more serious story.

People in glass houses should really avoid throwing stones.

I very much agree. I think Hearts have been spared implication so far due to the elephantine slowness of the procedures and the fact that they are a small part of a multinational web of corruption. But investigators will be following the money in and out of the accounts and probably, in due course, asking former Hearts officials what their role in all this Skullduggery was.

[grunt]

ISkullduggery
Great word.

[Kato]

I elephantine slowness of the procedures

It's only slow from poor, Johnny Jambo's perspective. I'm sure the admin staff are soldiering their way through a very tricky task over there. It's ironic that so much laundering can leave so much mess. Each part of Vlad's "portfolio" will be forensically examined, to see where the money came from and where it went. Not a quick task to complete but there's a huge amount of graft along the way. I'd say dogged rather than elephantine. A clock seems static but inside the cogs and springs busy on while all the jamtards stare at the face. Tick tock.

[monktonharp]

Someone told me they saw David Southern trying to dismantle his Conservatory over the weekend but sounds too far fetched. cant call him the Elephant in the room though, more of a bull in a china shop.

[Deansy]

I think there is still a lot more to come out re: Hearts. If it turns out the club was involved in fraudulent or criminal transactions, it becomes a much more serious story.

People in glass houses should really avoid throwing stones.

'IF' - ???. I know what my money's on - IMHO it's a racing-certainty !

The alternative is that Vlad is/was a rarity - a genuine, honest, east-European 'Businessman' who could see the potential in a club that has a 400,000-strong fan-base and are always there or thereabouts în the latter stages of both domestic and international leagues/cups year-in-year-out - as against the usual, stereo-typical image of east-European 'Businessmeñ' who are known to view 'Legitimate' businesses in the west as 'The Holy Grail !!

[Dashing Bob S]

It's only slow from poor, Johnny Jambo's perspective. I'm sure the admin staff are soldiering their way through a very tricky task over there. It's ironic that so much laundering can leave so much mess. Each part of Vlad's "portfolio" will be forensically examined, to see where the money came from and where it went. Not a quick task to complete but there's a huge amount of graft along the way. I'd say dogged rather than elephantine. A clock seems static but inside the cogs and springs busy on while all the jamtards stare at the face. Tick tock.

Very good point - they have left a bloody mess, and now they bleat that it should be cleaned up in haste, and to their satisfaction! Not going to happen, I'm afraid, Johnny Yam.

I thoroughly expect to see copious amounts of egg dribbling down Gorgie faces for a considerable time yet.

I would encourage the Lithuanian authorities to kick back, relax, perhaps spend several afternoons on the golf course, and not get too excited about attaching any timescales to sorting out this tedious shambles.

[Jack]

It's only slow from poor, Johnny Jambo's perspective. I'm sure the admin staff are soldiering their way through a very tricky task over there. It's ironic that so much laundering can leave so much mess. Each part of Vlad's "portfolio" will be forensically examined, to see where the money came from and where it went. Not a quick task to complete but there's a huge amount of graft along the way. I'd say dogged rather than elephantine. A clock seems static but inside the cogs and springs busy on while all the jamtards stare at the face. Tick tock.

There's nothing wrong with what you say but ... If it were to go before a jury, I honestly don't know what happens in Lithuania, but it will be so complex for your average punters, in any country who don't have a clue what they are being told, don't be surprised if it's not guilty.

[leggeto]

Should Hearts not manage to come out of Admin before the beginning of next season and start on -15 it may be another tall order to acquire the appropriate points to avoid another relegation. This season Morton who have been honking have 16 points after 26 games Cowdenbeath have
28 points after the same number of games.

yip I do believe they will go down again if they last that long

[DC_Hibs]

There's nothing wrong with what you say but ... If it were to go before a jury, I honestly don't know what happens in Lithuania, but it will be so complex for your average punters, in any country who don't have a clue what they are being told, don't be surprised if it's not guilty.

Thankfully a jury and "average punters" wouldn't be anywhere near this.

e.g - http://www.bbc.co.uk/news/business-25864499

[Jack]

Thankfully a jury and "average punters" wouldn't be anywhere near this.

e.g - http://www.bbc.co.uk/news/business-25864499

Has Lithuania got a FCA?

[NOLA]

The Lithuanians will be more interested in the Crimea than the crime here.
good point :agree:

[Hibbyradge]

The Lithuanians will be more interested in the Crimea than the crime here.


http://youtu.be/LekUKeFijxc

[CropleyWasGod]

QPR chairman....."the debt is due by the shareholders to the shareholders".

That rings a few bells.....

[Weststandwanab]

QPR chairman....."the debt is due by the shareholders to the shareholders".

That rings a few bells.....
If that is true swap the debt for equity now !

[Phil MaGlass]

Its laymans terms for were fu--ed in the long term and can you please arrange a cake bake for us. Oh and while were screwing you could you also pay into our accounts by way of direct debit the amount of --------- .

[Weststandwanab]

Its laymans terms for were fu--ed in the long term and can you please arrange a cake bake for us. Oh and while were screwing you could you also pay into our accounts by way of direct debit the amount of --------- . BDO's next gig !

[Wighty76]

Should Hearts not manage to come out of Admin before the beginning of next season and start on -15 it may be another tall order to acquire the appropriate points to avoid another relegation. This season Morton who have been honking have 16 points after 26 games Cowdenbeath have
28 points after the same number of games.

This scenario would totally serve them right. The way they trumpet about how them and the Huns are going to romp home in the most entertaining league in existence when in actual fact they are going to be seen for what they are - an easy 3 points. GIRFUY :na na:

[Dashing Bob S]

Well, another week goes by and no sign of that pesky rubber stamp, nor of an even tentative date as to when it will arrive.

But I'm confident that there will be good news and all will be resolved next week!

[Wighty76]

QPR chairman....."the debt is due by the shareholders to the shareholders".

That rings a few bells.....

Iraqi propaganda minister - " those are our tanks you can see behind me "

[jgl07]

Barry Anderson embarrassed himself on twitter earlier today. In one tweet he lambasted the financial state of QPR. He called them mental and buffoons.
There is a difference between the situation at QPR and Hearts. The QPR owners can afford to carry those losses. Heart's (various) owners could not!

QPR are suffering from the Harry Redknapp syndrome.

Portsmouth, Southampton. Bournemouth all went into administration after 'Arry managed them.

[jacomo]

There is a difference between the situation at QPR and Hearts. The QPR owners can afford to carry those losses. Heart's (various) owners could not!

QPR are suffering from the Harry Redknapp syndrome.

Portsmouth, Southampton. Bournemouth all went into administration after 'Arry managed them.

The Mittals can certainly afford to carry those losses, but they only own a third of the club.

Tony Fernandes is the face of the remaining two thirds... and he owns a football club that's making massive losses, a barely profitable car company, a struggling F1 team and an airline (which is a notoriously volatile industry). He may have other investments which can cover these losses - but he's gonna need them!

[Geo_1875]

The Mittals can certainly afford to carry those losses, but they only own a third of the club.

Tony Fernandes is the face of the remaining two thirds... and he owns a football club that's making massive losses, a barely profitable car company, a struggling F1 team and an airline (which is a notoriously volatile industry). He may have other investments which can cover these losses - but he's gonna need them!

I doubt Fernandes will be in a position to settle these debts. He will find it easy to find a buyer though. Central London is still a big draw for foreign money.

[Dashing Bob S]

On Kickback they've been running a Hibs.net thread, where they habitually (and somewhat witlessly) have attempted to ridicule our 'prophets of doom', while towing the 'all is barry' line. However, it was becoming increasingly desperate, as the only retort they could manage was that we were 'still hurting from 5-1.' So wisely, they have decided to take down the thread, as I suspect that it was becoming counter-productive and seriously damaging Gorgie morale.

Now all the poor Yams who are bored with the head-in-the-sand avoidance and deluded propaganda, will be forced to come on here and take a little peek, in order to find out what's going on.

Or there is still Barry Anderson in the EEN to keep them bang up to date!

[Mikey]

Now all the poor Yams who are bored with the head-in-the-sand avoidance and deluded propaganda, will be forced to come on here and take a little peek, in order to find out what's going on.



And they are more than welcome...........

http://www.hibs.net/showthread.php?267100-A-Quick-Thank-You-To-Our-Yam-Guests

:tee hee:

[Springbank]

Just a reminder for our visitors.

While some of you said 5-1 killed Hibs, it didn't

The pursuit of 5-1 is killing you though, and it may yet be terminal. I'm sure some (but not all) of your fans will still think it was worth it, when you play Gala Fairydean in your new years derby in the East of Scotland League

[Dashing Bob S]

Just a reminder for our visitors.

While some of you said 5-1 killed Hibs, it didn't

The pursuit of 5-1 is killing you though, and it may yet be terminal. I'm sure some (but not all) of your fans will still think it was worth it, when you play Gala Fairydean in your new years derby in the East of Scotland League

Cruel and inaccurate.










It'll be Spartans/Edin City/Whitehill welfare in the Lowland League.

[Gus Fring]

Mr Brightside from over the road isn't very bright after all it seems. Once again proving it doesn't matter what we say, they'll go the opposite way. Today he's written:


"The latest myth being peddled is that we can't sell season tickets whilst in administration"
and
"Once relegation is confirmed. Season ticket packages will be released. IMHO season ticket packages will be released prior to us exiting admin"
It wasn't even Hibs.net that said Season Tickets weren't going on sale until they were out of Admin, it was the Foundation of Hearts. It's not a "myth"

From the FOH twitter feed:


Graham Duncan ‏@RemvoxScotland (https://twitter.com/RemvoxScotland) Feb 21 (https://twitter.com/RemvoxScotland/status/436854917886935040)
@The_FOH (https://twitter.com/The_FOH) #askian (https://twitter.com/search?q=%23askian&src=hash) When are season tickets likely to go on sale?


Foundation of Hearts ‏@The_FOH (https://twitter.com/The_FOH) Feb 21 (https://twitter.com/The_FOH/status/436856990456115200)
Ian: Nothing can happen till club out of admin, and we know what division we are in. Club currently working on.
Some one asked again because they were too thick to get it the first time


Dave Thy Breeder ‏@ThyBreeder (https://twitter.com/ThyBreeder) Feb 21 (https://twitter.com/ThyBreeder/status/436862281482534912)
@The_FOH (https://twitter.com/The_FOH) #askian (https://twitter.com/search?q=%23askian&src=hash) season tickets, how much and when can we purchase them??


Foundation of Hearts ‏@The_FOH (https://twitter.com/The_FOH) Feb 21 (https://twitter.com/The_FOH/status/436863062810054656)
Ian: As stated earlier, STs only on sale post-admin, and once we know what division. Club / BIDCO working on plan.

They're not arguing with my sources or hibs.net anymore, they are arguing with their own! :faf:

[Kato]

I looked over on kickback but closed my browser straight away as I was getting visions that all the Hearts "fans" on there had faces like baboon's erseholes.

[GreenLake]

I looked over on kickback but closed my browser straight away as I was getting visions that all the Hearts "fans" on there had faces like baboon's erseholes.

They aren't that horrible looking. The baboon's erseholes I mean.

[Jack Hackett]

I looked over on kickback but closed my browser straight away as I was getting visions that all the Hearts "fans" on there had faces like baboon's erseholes.

I'm aware Mikey frowns on references to them over there, but a post by Scott_jambo (or is it Sergey :wink:) on the big-nose thread really has me wondering how on earth they failed to see admin coming, what with their predictive abilities

"Levein would annoy me by not playing Skacel."

:faf:

[Aldo]

I looked over on kickback but closed my browser straight away as I was getting visions that all the Hearts "fans" on there had faces like baboon's erseholes.

Ha ha. I found one that looks like baw sack.



12146

[Ronniekirk]

Ha ha. I found one that looks like baw sack.



12146

Yep red faces all round across there when they finally realise that Budgie can't push them up the Pecking Order in the Lithuanian Courts ,where not even there famous Rubber Stamped Memorandum ofUnderstanding is seen as legally Competent .

[Kato]

Ha ha. I found one that looks like baw sack.



12146

That's exactly the guy I was thinking off. Works in the Tesco at the Gyle.

[Kato]

They aren't that horrible looking. The baboon's erseholes I mean.



It's that lowest common denominator Jambo look though, all those baboons erseholes looking longingly for news from Lithuania.

It's just not a nice way to start a weekend.

[Aldo]

Yep red faces all round across there when they finally realise that Budgie can't push them up the Pecking Order in the Lithuanian Courts ,where not even there famous Rubber Stamped Memorandum ofUnderstanding is seen as legally Competent .

Red faced alrite!!




That's exactly the guy I was thinking off. Works in the Tesco at the Gyle.


Ha ha. Surely cannot be as good looking as that. ;-)

[Kato]

Ha ha. Surely cannot be as good looking as that. ;-)

Here he is at their last away game.


12147

[Aldo]

Here he is at their last away game. <img src="http://www.hibs.net/attachment.php?attachmentid=12147"/>

Ha ha that's brilliant. That's the better looking ones as well.

(Google is great tho)

[fat freddy]

That's exactly the guy I was thinking off. Works in the Tesco at the Gyle.


I dont think there is a Tesco at The Gyle

[Aldo]

I dont think there is a Tesco at The Gyle

Corstorphine - it's near enough

[Kato]

I dont think there is a Tesco at The Gyle

Morrison's? [or any random tesco in town]

[Malthibby]

Corstorphine - it's near enough

There's one at Hermiston Gate.
Middle of nowhere & completely mobbed last weekend..:confused:

[kaimendhibs]

http://img.tapatalk.com/d/14/03/08/u2aqahu4.jpg. Spotted Rudi having lunch earlier


Sent from my iphone

[Ronniekirk]

http://img.tapatalk.com/d/14/03/08/u2aqahu4.jpg. Spotted Rudi having lunch earlier


Sent from my iphone
Or Rudi sniffing around at riccarton for a new contract .Would recognise that nose anywhere .

[hibees 7062]

Hiding from training
http://media.treehugger.com/assets/images/2011/10/star-nose-mole-opener.jpg

[Ronniekirk]

Hiding from training
http://media.treehugger.com/assets/images/2011/10/star-nose-mole-opener.jpg
Yon things hideous If I have nightmares tonight this will be in it .Is that's what's causing all the damage to our pitch

[monktonharp]

Yon things hideous If I have nightmares tonight this will be in it .Is that's what's causing all the damage to our pitchnope, that's wee Jimmy the mole, in his hole lookin' for coal. our pitch damage looks more like it gets trampled by a thousand seagulls daily, looking for worms.

[SteveHFC]

http://www.hmfckickback.co.uk/index.php?/topic/134327-a-special-wee-message-to-stevehfc-who-said-this-last-week/

Just found this thread from a few months ago :faf:

[Phil D. Rolls]

http://img.tapatalk.com/d/14/03/08/u2aqahu4.jpg. Spotted Rudi having lunch earlier


Sent from my iphone

Rudis attempt to bury his head in the sand was far less succesful than his fellow Yams.

[Hibbyradge]

http://www.hmfckickback.co.uk/index.php?/topic/134327-a-special-wee-message-to-stevehfc-who-said-this-last-week/

Just found this thread from a few months ago :faf:

I'm not 100% convinced you had the better of that exchange.

[GreenLake]

Posted 06 March 2014 - 11:04 PM
(http://www.hmfckickback.co.uk/index.php?app=forums&module=forums&section=findpost&pid=4078999)Chaka Demus & pliers, on 06 March 2014 - 10:42 PM, said:
How can you take someone with a 'tache like that serious?


How can you take anyone with a tache in Scottish football seriously....

The above poster from nutsack needs to be reminded of this guy with a 'tache


http://www.youtube.com/watch?v=UCjEsN4E85s

[AinsterHibs]

:thumbsup:
Posted 06 March 2014 - 11:04 PM
(http://www.hmfckickback.co.uk/index.php?app=forums&module=forums&section=findpost&pid=4078999)Chaka Demus & pliers, on 06 March 2014 - 10:42 PM, said:
How can you take someone with a 'tache like that serious?


How can you take anyone with a tache in Scottish football seriously....

The above poster from nutsack needs to be reminded of this guy with a 'tache


http://www.youtube.com/watch?v=UCjEsN4E85s

[Alex Trager]

What's the deal with these gunts? Is it looking likely they'll be taken over or not?

[NadeAteMyLunch!]

Callum Paterson has the most howling moustache I've ever seen. Puberty is not being kind to him at all

[Col2]

Those ovens will need to be fired up again...i can see a another BDO cash plea coming this week.

Wonder if BDO Brian is back from Lithland?

[hibbill2002]

Posted 06 March 2014 - 11:04 PM
Chaka Demus & pliers, on 06 March 2014 - 10:42 PM, said:
How can you take someone with a 'tache like that serious?


How can you take anyone with a tache in Scottish football seriously....

The above poster from nutsack needs to be reminded of this guy with a 'tache


http://www.youtube.com/watch?v=UCjEsN4E85s

That second goal is/was/will be for eternity, a thing of beauty.

[Phil D. Rolls]

What's the deal with these gunts? Is it looking likely they'll be taken over or not?

Ann Budge was in the Metro promising a new era of transparency at the PBS when she takes over. She did say IF the hurdles can all be cleared.

Reading that, there's some doubt about the takeover happening. But you know what papers are like, they'll twist any story to make Hearts look bad.

[Ronniekirk]

Ann Budge was in the Metro promising a new era of transparency at the PBS when she takes over. She did say IF the hurdles can all be cleared.

Reading that, there's some doubt about the takeover happening. But you know what papers are like, they'll twist any story to make Hearts look bad.

The mere fact they are putting in print there hurdles to be cleared ,indicates an acknowledgement that there are obstacles in the way of obtaining the frozen shares and that it's not a given as there Memorandum of Understanding led there Deluded fans to think .Nothing more about fantastic response to lettering all those fans on data base asking for direct debits so they have probably now reached an impasse , and the more defeats and the more time it drags on harder it will be to keep some of them on board.Unless they are going to for go a summer holiday and put that into the pot.They really are being fleeced now and the more we can rub that in at next derby the better.

[brog]

Posted 06 March 2014 - 11:04 PM
Chaka Demus & pliers, on 06 March 2014 - 10:42 PM, said:
How can you take someone with a 'tache like that serious?


How can you take anyone with a tache in Scottish football seriously....

The above poster from nutsack needs to be reminded of this guy with a 'tache


http://www.youtube.com/watch?v=UCjEsN4E85s


Wonderful & a touch of advance schadenfreude that Jim Duffy was on the ball when the final whistle went!!

[Dashing Bob S]

I'm betting:

Next week will see the announcement of more positive Budge/FOH statements about the future of Hearts.

It may even see talk of admins in Lithland agreeing to this, that or other.

There could be reminders to contribute more cash to help Budge, sorry FOH, buy the club.

There will be no mention of a completion date on the CVA or timetable for this and coming out of administration.

There might be several dark mutterings about 'running out of time.'

I think March probably is the big month for Hearts. If there is still no news of CVA completion timetable by April, we then move into the close season as the earliest a CVA can be completed. Then there is no revenue coming in and the business stops becoming viable.

To make liquidation work, ie for a Newco Hearts to be playing in the Lowland next season, liquidation would probably have to be called as close to the end of the season as possible. This would be essential in order to get the new club up and running after the liquidation sale in order that it could compete in 2014-15. Missing a season would be disastrous for them. People would find other things to do, kids would take an interest in other sports or teams etc. They need to be continuously present.

To that mind, I would expect FOH/Budge to have contingency liquidation plans. But this is Hearts so you never know.

[jdships]

I'm betting:

Next week will see the announcement of more positive Budge/FOH statements about the future of Hearts.

It may even see talk of admins in Lithland agreeing to this, that or other.

There could be reminders to contribute more cash to help Budge, sorry FOH, buy the club.

There will be no mention of a completion date on the CVA or timetable for this and coming out of administration.

There might be several dark mutterings about 'running out of time.'

I think March probably is the big month for Hearts. If there is still no news of CVA completion timetable by April, we then move into the close season as the earliest a CVA can be completed. Then there is no revenue coming in and the business stops becoming viable.

To make liquidation work, ie for a Newco Hearts to be playing in the Lowland next season, liquidation would probably have to be called as close to the end of the season as possible. This would be essential in order to get the new club up and running after the liquidation sale in order that it could compete in 2014-15. Missing a season would be disastrous for them. People would find other things to do, kids would take an interest in other sports or teams etc. They need to be continuously present.

To that mind, I would expect FOH/Budge to have contingency liquidation plans. But this is Hearts so you never know.


Interesting post.
I spoke with a friend who claims to be " at the coal face " for FoH , yesterday and believe he was speaking honestly (?) about the next few months .
He reckons if the club are not out of Admin by 30th April they are looking at "Liquidation" based on cash available to continue operating/paying their way.

[Sergey]

Interesting post.
I spoke with a friend who claims to be " at the coal face " for FoH , yesterday and believe he was speaking honestly (?) about the next few months .
He reckons if the club are not out of Admin by 30th April they are looking at "Liquidation" based on cash available to continue operating/paying their way.

If this is indeed the case, then they are perilously close to being well and truly goosed, given that there's little prospect of the UBIG/Ukio shares becoming available.

There's got to come a time when BDO have to admit defeat, and as Bob rightly says, March is a huge month for them.

[Jack Hackett]

If this is indeed the case, then they are perilously close to being well and truly goosed, given that there's little prospect of the UBIG/Ukio shares becoming available.

There's got to come a time when BDO have to admit defeat, and as Bob rightly says, March is a huge month for them.

......and there's only 3 weeks of it left

Tick Tock

[Dashing Bob S]

Interesting post.
I spoke with a friend who claims to be " at the coal face " for FoH , yesterday and believe he was speaking honestly (?) about the next few months .
He reckons if the club are not out of Admin by 30th April they are looking at "Liquidation" based on cash available to continue operating/paying their way.

Basically, this is what Jackson/BDO have always maintained. The money they have will keep them going to the end of the season but a close-season in admin is not financially viable for the business. So they have 2-3 weeks left to get a completion date on the CVA before liquidation.

I believe that liquidation is probably the real viable route to fan ownership for Hearts. The FOH structure and finances are already in place, and the wage costs would be lower in the Lowland. They might lose the PBS in the liquidation sale but wouldn't be burdened with the running costs/maintenance of that slum with a smaller stadium (probably rented) until the club was able to grow through the divisions.

If they learned the 'Hun lesson' and cut their cloth accordingly instead of carrying big earners, they could simply poach the best players from the low league they were in and progress accordingly.

It'll mean several seasons as a very, very small Scottish club, but they would be genuinely fan owned, and I think the Newco journey would restore some humility and respect to a poisoned institution.

[Phil D. Rolls]

Basically, this is what Jackson/BDO have always maintained. The money they have will keep them going to the end of the season but a close-season in admin is not financially viable for the business. So they have 2-3 weeks left to get a completion date on the CVA before liquidation.

I believe that liquidation is probably the real viable route to fan ownership for Hearts. The FOH structure and finances are already in place, and the wage costs would be lower in the Lowland. They might lose the PBS in the liquidation sale but wouldn't be burdened with the running costs/maintenance of that slum with a smaller stadium (probably rented) until the club was able to grow through the divisions.

If they learned the 'Hun lesson' and cut their cloth accordingly instead of carrying big earners, they could simply poach the best players from the low league they were in and progress accordingly.

It'll mean several seasons as a very, very small Scottish club, but they would be genuinely fan owned, and I think the Newco journey would restore some humility and respect to a poisoned institution.

NEWHUN are as obnoxious as their anscestor. What makes you think NEWYAM will be any different?

[greenlex]

Basically, this is what Jackson/BDO have always maintained. The money they have will keep them going to the end of the season but a close-season in admin is not financially viable for the business. So they have 2-3 weeks left to get a completion date on the CVA before liquidation.

I believe that liquidation is probably the real viable route to fan ownership for Hearts. The FOH structure and finances are already in place, and the wage costs would be lower in the Lowland. They might lose the PBS in the liquidation sale but wouldn't be burdened with the running costs/maintenance of that slum with a smaller stadium (probably rented) until the club was able to grow through the divisions.

If they learned the 'Hun lesson' and cut their cloth accordingly instead of carrying big earners, they could simply poach the best players from the low league they were in and progress accordingly.

It'll mean several seasons as a very, very small Scottish club, but they would be genuinely fan owned, and I think the Newco journey would restore some humility and respect to a poisoned institution.FFS Bob get back on the wine eh!!!!

[Jack Hackett]

Basically, this is what Jackson/BDO have always maintained. The money they have will keep them going to the end of the season but a close-season in admin is not financially viable for the business. So they have 2-3 weeks left to get a completion date on the CVA before liquidation.

I believe that liquidation is probably the real viable route to fan ownership for Hearts. The FOH structure and finances are already in place, and the wage costs would be lower in the Lowland. They might lose the PBS in the liquidation sale but wouldn't be burdened with the running costs/maintenance of that slum with a smaller stadium (probably rented) until the club was able to grow through the divisions.

If they learned the 'Hun lesson' and cut their cloth accordingly instead of carrying big earners, they could simply poach the best players from the low league they were in and progress accordingly.

It'll mean several seasons as a very, very small Scottish club, but they would be genuinely fan owned, and I think the Newco journey would restore some humility and respect to a poisoned institution.

Just as it did with Sevco, Bob? One of those 'Don't hold your breath' moments, I think.

[GreenLake]

Ann Budge was in the Metro promising a new era of transparency at the PBS when she takes over. She did say IF the hurdles can all be cleared.

Reading that, there's some doubt about the takeover happening. But you know what papers are like, they'll twist any story to make Hearts look bad.

It would only be a new era for them since Sergey and Bajillions have been able to see right through them for ages. :na na:

[Dashing Bob S]

NEWHUN are as obnoxious as their anscestor. What makes you think NEWYAM will be any different?

Oh I don't think it at all. It's a massive IF and I'm simply enjoying playing the devils advocate!

Far more likely to see Ryan Stevenson on eight grand a month playing against postmen for five years.

[Dashing Bob S]

Just as it did with Sevco, Bob? One of those 'Don't hold your breath' moments, I think.

I certainly won't!

[greenginger]

Interesting post.
I spoke with a friend who claims to be " at the coal face " for FoH , yesterday and believe he was speaking honestly (?) about the next few months .
He reckons if the club are not out of Admin by 30th April they are looking at "Liquidation" based on cash available to continue operating/paying their way.


I think they will be at the bottom of the barrel before 30th April.

looking at BDO's interim statement of receipts and payments up to 18th December.
The total income was £ 3.1 million and that included all the big numbers for season tickets, SPFL money, and sponsorship.

They spent 77% of this income by 18th December. There is still some income from pay at the gate,hospitality etc and the semi final and sale of the player to Swansea ( although both these sums had their equivilents in the first half of the season)

Can one of the number crunchers on here do the sums ! :cb

[Kaiser1962]

Interesting post.
I spoke with a friend who claims to be " at the coal face " for FoH , yesterday and believe he was speaking honestly (?) about the next few months .
He reckons if the club are not out of Admin by 30th April they are looking at "Liquidation" based on cash available to continue operating/paying their way.

They have to be approaching the point where a decision is needing to be made regarding pursuit of these frozen shares. BDO were involved in the Portsmouth administration and must be now hitting the same problems they had there.

If it was an old horse they would be telling each other that they've done all they can, just shoot it and put it out of it's misery.

[Aldo]

Interesting post. I spoke with a friend who claims to be " at the coal face " for FoH , yesterday and believe he was speaking honestly (?) about the next few months . He reckons if the club are not out of Admin by 30th April they are looking at "Liquidation" based on cash available to continue operating/paying their way.

Pleasing



If this is indeed the case, then they are perilously close to being well and truly goosed, given that there's little prospect of the UBIG/Ukio shares becoming available. There's got to come a time when BDO have to admit defeat, and as Bob rightly says, March is a huge month for them.

March is almost halfway through and the close season beckons. With no money and relegation a certainty it doesn't look good. Which again is pleasing.


......and there's only 3 weeks of it left Tick Tock

This.

But we have to remember #allisbarry #justneedsrubberstamped

[Fat Penlon]

They have to be approaching the point where a decision is needing to be made regarding pursuit of these frozen shares. BDO were involved in the Portsmouth administration and must be now hitting the same problems they had there.

If it was an old horse they would be telling each other that they've done all they can, just shoot it and put it out of it's misery.

Nothing will happen until the summer. They will see out this season then a decision will be made wether to carry on using FOH money or to liquidate. If they use FOH money to get through the summer the FOH will have to renegotiate the deal with budge but they will do what they can to keep them in the championship as they are all hearts people. IMO obviously.

[Jack Hackett]

I certainly won't!

That's great....we'd hate to lose you :greengrin

[Jack Hackett]

I certainly won't!

That's great....we'd hate to lose you :greengrin

[The Falcon]

Nothing will happen until the summer. They will see out this season then a decision will be made wether to carry on using FOH money or to liquidate. If they use FOH money to get through the summer the FOH will have to renegotiate the deal with budge but they will do what they can to keep them in the championship as they are all hearts people. IMO obviously.

Can they use FOH money whilst in administration?

[greenginger]

Can they use FOH money whilst in administration?


They can if it is gifted but cannot take it as a loan.

[CropleyWasGod]

They can if it is gifted but cannot take it as a loan.

IIRC, they also have to change their constitution.

[Weststandwanab]

IIRC, they also have to change their constitution.They certainly would have to change it.

[Hibrandenburg]

I'm betting:

Next week will see the announcement of more positive Budge/FOH statements about the future of Hearts.

It may even see talk of admins in Lithland agreeing to this, that or other.

There could be reminders to contribute more cash to help Budge, sorry FOH, buy the club.

There will be no mention of a completion date on the CVA or timetable for this and coming out of administration.

There might be several dark mutterings about 'running out of time.'

I think March probably is the big month for Hearts. If there is still no news of CVA completion timetable by April, we then move into the close season as the earliest a CVA can be completed. Then there is no revenue coming in and the business stops becoming viable.

To make liquidation work, ie for a Newco Hearts to be playing in the Lowland next season, liquidation would probably have to be called as close to the end of the season as possible. This would be essential in order to get the new club up and running after the liquidation sale in order that it could compete in 2014-15. Missing a season would be disastrous for them. People would find other things to do, kids would take an interest in other sports or teams etc. They need to be continuously present.

To that mind, I would expect FOH/Budge to have contingency liquidation plans. But this is Hearts so you never know.

Beware the Ides of March!

[Eyrie]

They certainly would have to change it.

Can't see that being more than a slight delay. There won't be many Yams who would vote against it given that the alternative is liquidation, and they've already shown their commitment to their club by handing over the family bread money every month to Save Hearts In Trouble.

I think I prefer that scenario. They'd have spent their war chest on surviving the summer, making them even less competitive in the "Champion"ship. Combine that with the fact that they will receive a further points penalty for still being in administration, then their prospects for 2014/15 are poor and that will lead to more DDs being cancelled. And they'll still have to pay for a new stand at the PBS.

But I could live with them being liquidated and having to start over in the Lowland League without a home or any prospect of affording one.

[Dashing Bob S]

Can't see that being more than a slight delay. There won't be many Yams who would vote against it given that the alternative is liquidation, and they've already shown their commitment to their club by handing over the family bread money every month to Save Hearts In Trouble.

I think I prefer that scenario. They'd have spent their war chest on surviving the summer, making them even less competitive in the "Champion"ship. Combine that with the fact that they will receive a further points penalty for still being in administration, then their prospects for 2014/15 are poor and that will lead to more DDs being cancelled. And they'll still have to pay for a new stand at the PBS.

But I could live with them being liquidated and having to start over in the Lowland League without a home or any prospect of affording one.

It's tough call to decide which of Hearts alternative bleak futures provides the more fruitful seam of laughing material.

I'll let nature take its course.

[The Gorf]

Ann Budge was in the Metro promising a new era of transparency at the PBS when she takes over. She did say IF the hurdles can all be cleared.

Reading that, there's some doubt about the takeover happening. But you know what papers are like, they'll twist any story to make Hearts look bad.
I'm telling you she's a Hibby at the stir. She'll pull out at the last minute then give all her money to Hibs. :greengrin

[mjhibby]

NEWHUN are as obnoxious as their anscestor. What makes you think NEWYAM will be any different?

The fact the sevco fans are letting their club head towards financial armageddon again shows these cretins never change. Even if the yams start next season in the second tier their fans willstill expect signings. Remember they only have to finish 4th to make the playoffs so in theory they could scrape promotion. I fancy they might start the season but whether they finish it without going back into admin is another matter.

[Kato]

My bet is the legal process will drag until this time next season and they will be liquidated then after FOH and Budge have propped them up until then. They'll blow all their dough and still end up playing on public parks.

[Famous Fiver]

Seems like I was shouting Tick Tock in an empty room but more and more are coming round to my way of thinking.

All the signs are there in abundance, they are holed below the water line.

What would annoy me is if post split and we are both in the bottom half they somehow manage to get a third home game against us. Don't know if that is on the cards, perhaps someone is able to enlighten us.

However that will only prolong the agony.

TICK TOCK

[shagpile]

Seems like I was shouting Tick Tock in an empty room but more and more are coming round to my way of thinking.

All the signs are there in abundance, they are holed below the water line.

What would annoy me is if post split and we are both in the bottom half they somehow manage to get a third home game against us. Don't know if that is on the cards, perhaps someone is able to enlighten us.

However that will only prolong the agony.

TICK TOCK

If the do happen to land a 3rd home game then I would hope that everyone of the Hibs persuasion would stay away.

[Tynie01011973]

If the do happen to land a 3rd home game then I would hope that everyone of the Hibs persuasion would stay away.

Can't see that happening - no way will SPFL allow the Grunts a third home game against us.

[hibbymick]

I'm telling you she's a Hibby at the stir. She'll pull out at the last minute then give all her money to Hibs. :greengrin

Her brother is a massive Hibby and is often in Behind The Goals.

[Billy Whizz]

Her brother is a massive Hibby and is often in Behind The Goals.

But who's got the money

[Baba O'riley]

What would annoy me is if post split and we are both in the bottom half they somehow manage to get a third home game against us. Don't know if that is on the cards, perhaps someone is able to enlighten us.

However that will only prolong the agony.

TICK TOCK

I thought there was supposed to be a "gentlemen's agreement" in place so that for hibs/hearts games, it would be equal home and away games?

[nribs]

I thought there was supposed to be a "gentlemen's agreement" in place so that for hibs/hearts games, it would be equal home and away games?
Hearts!,gentlemans agreement? Fo you see where you went wrong? :)