Share Transfers Agreed/Cooling off period

[Sergey]

Any more info on whether or not the meeting's been postponed? :dunno:

Other than what's been reported in the UK press, I've not read anywhere that the UBIG creditors meeting is actually taking place.

Adomonis can say all he wants about the Ukio meeting, but it's the UBIG meeting and approval/rejection that's key. Adomonis is not the spokesperson for UBIG.

[Green Blood]

http://translate.google.co.uk/translate?hl=en&sl=lt&tl=en&u=http%3A%2F%2Fwww.valnetas.lt%2Fnaujienos2

Noticed on UAB Valnetas the administrators for Ukio on their news page no mention of any creditors meeting taking place. There are mentions of other meetings next week. Maybe i am misreading this, thought they would have posted something on their website confirming meeting going ahead?

[SuperAllyMcleod]

He had sold his shareholding to Duff three years earlier for £700k



Mercer wanted 75% and the trio of Waugh, Harrison (whose role is often overlooked) and Farmer were buying shares to block the takeover with Farmer, in particular, working on a "just enough" basis with no intention of taking over. Harrison was far more aggresive. They had, with Duff's shareholding, Mercer pegged back when Waugh sold his shareholding to Mercer in June 1990 although it appears to have been part of a deal that would allow Mercer to take the club's property assets and AN Other (Waugh?) to buy the clubs name, badge, players etc allowing the football club to continue.

That gave Mercer a 64% share (he claimed 66%) and took Harrison/Farmer by surprise leaving David Duff, with his 11% stake, standing between the club and shutdown. Duff did not sell, at great personal cost, and the rest, as they say, is history. There would have been a lot of "what if's" if he had sold.

That Farmer did end up owning the club is as much down to the very persuasive Kenny MacLean as any other factor. It is unlikely anyone else at that time had the cahoonas to go nose to nose with David Rowland and come out on top. What is often forgotten it was Farmer who took the club into administration a year later to ditch Rowland.

Has the makings of a very good book - if for no other reason than to silence the yams who keep telling me that they are shedding debt like we did in 1990.

[Mikey]

http://translate.google.co.uk/translate?hl=en&sl=lt&tl=en&u=http%3A%2F%2Fwww.valnetas.lt%2Fnaujienos2

Noticed on UAB Valnetas the administrators for Ukio on their news page no mention of any creditors meeting taking place. There are mentions of other meetings next week. Maybe i am misreading this, thought they would have posted something on their website confirming meeting going ahead?

One of the conspiracy theories is that the 7th April date gets them past the split, and if something goes wrong and they're liquidated it wouldn't have an effect on the league as they wouldn't be needed to complete the remaining fixtures. Assuming they've already been relegated that is.

The fact that there's no mention anywhere of this meeting, when every other meeting has been listed, adds weight to this. It could simply be that there is no meeting and they're stalling until Monday.

It is just a conspiracy theory though..............

[Kaiser1962]

Has the makings of a very good book - if for no other reason than to silence the yams who keep telling me that they are shedding debt like we did in 1990.

Doubt it will ever get written, unless JDShips puts his experiences down on paper.

[Green Blood]

http://www.edinburghnews.scotsman.com/sport/football/hearts/hearts-administration-ukio-bankas-snubs-all-bids-1-3019835

I know this is an old article but its worth re-visiting and taking in the comments by the administrator! Even back then it was clear that unless substantial offer was made they were going to liquidate and let the assets go to auction. I think that was always the plan. Why sell as a going concern when going to auction might raise a better offer.

[Ronniekirk]

One of the conspiracy theories is that the 7th April date gets them past the split, and if something goes wrong and they're liquidated it wouldn't have an effect on the league as they wouldn't be needed to complete the remaining fixtures. Assuming they've already been relegated that is.

The fact that there's no mention anywhere of this meeting, when every other meeting has been listed, adds weight to this. It could simply be that there is no meeting and they're stalling until Monday.

It is just a conspiracy theory though..............

And we all love a conspiracy theory,especially if involves liquidating Hear7s:wink:

[...WentToMowAnSPL]

But why let a 9 month administration process eat up £ 500,000 plus in BDO fees ?

They only owe it to themselves

[Woodrow]

On the subject of planning protection for sporting venues, there is no real precedent in Edinburgh. Old Meadowbank was bulldozed, admittedly to build the current white elephant. Powderhall went the same way in 1999 for a residential development despite being on a flood plain. Marine Gardens was flattened to build a bus depot in 1962.

Outside of Edinburgh Carfin dog track was demolished in 1999.

Strangely West Lothian Council refused planning permission for Sainsbury to build a supermarket on the site of Armadale Stadium. This was largely because the planning department favoured another site for retail on Council-owned land near the station. They did cite as an additional reason to protect the stadium for use by Edinburgh Monarchs speedway team. This was rather unwelcome as Monarchs had been offered enough cash by Sainsbury to build a new track nearby in return for support in the planning application.

I can't think why the City of Edinburgh Council would want to block development of a stadium that is not 'fit for purpose' according to a former Hearts chairman. The Council are strapped for cash and could net a tidy sum from the developers given the proximity of the tram line.

Eh ? ... Meadowbank has been - and still is - a fantastic facility for me and loads of people I know for the last 40 years or so ... The only thing wrong with Medowbank is the lack of investment ... And the fact not enough people use it!

Would you rather is was a fast food outlet for the kids? :aok:

[Geo_1875]

One of the conspiracy theories is that the 7th April date gets them past the split, and if something goes wrong and they're liquidated it wouldn't have an effect on the league as they wouldn't be needed to complete the remaining fixtures. Assuming they've already been relegated that is.

The fact that there's no mention anywhere of this meeting, when every other meeting has been listed, adds weight to this. It could simply be that there is no meeting and they're stalling until Monday.

It is just a conspiracy theory though..............

But if they don't complete the season surely they wouldn't be due any prize money and would need to repay that already advanced?

[Mikey]

But if they don't complete the season surely they wouldn't be due any prize money and would need to repay that already advanced?

They wouldn't exist so couldn't repay.

[Paisley Hibby]

Liquidated or not they are ****ed whatever the outcome is! It will be more enjoyable watching all the in-fighting and the journey to their next administration!!

Exactly! Liquidation gets them out of jail financially. I'd be very happy for them to survive only to limp on with no cash and no hope of improving. :greengrin

[HFC 0-7]

Exactly! Liquidation gets them out of jail financially. I'd be very happy for them to survive only to limp on with no cash and no hope of improving. :greengrin

Liquidation would not get them out of jail financially. They would still need to either buy the stadium, or rent someone else's. Also if they have any chance of getting back into the leagues they will need to pay back the football debts, which is what rangers did. Not sure if they went bust now and then re started whether they would need to re pay the advance that they got this season. Rangers had to accept these things as a condition of getting back into the league I believe.

[Sergey]

And it's started...


A Dolt wrote

If we get liquidated do we get our DD's back?

I'm a bit skint this month so i suppose it wouldn't all be bad news.

Just cancel them you cretin - It's money down the drain.

Go sit by the letterbox and await the share certificate that's rightly yours.

Sucker

[Hermit Crab]

And it's started...



Just cancel them you cretin - It's money down the drain.

Go sit by the letterbox and await the share certificate that's rightly yours.

Sucker

Post of the year.

[Geo_1875]

They wouldn't exist so couldn't repay.

Would it be a football debt for a newco?

[CraigHibee]

And it's started...



Just cancel them you cretin - It's money down the drain.

Go sit by the letterbox and await the share certificate that's rightly yours.

Sucker

amazing, wouldn't surprise me if some of them start to make indemnity claims :greengrin

[monktonharp]

Liquidation would not get them out of jail financially. They would still need to either buy the stadium, or rent someone else's. Also if they have any chance of getting back into the leagues they will need to pay back the football debts, which is what rangers did. Not sure if they went bust now and then re started whether they would need to re pay the advance that they got this season. Rangers had to accept these things as a condition of getting back into the league I believe.:tsk tsk:Rangers, did not get back into any league. Instead, another club called The Rangers, applied and were allowed into the bottom rung of the SFL Leagues. no question about that, because it's a FACT

[Criswell]

It is kinda odd that both the UKIO and UBIG administrators have arranged to have creditors meetings on the exact same date. These co-ordinated meetings, we are told are to "rubber stamp" the acceptance of the the CVA. Strangely, these meetings are taking place at the very limit of the timescale BDO has emphasised the CVA has to be delivered to avoid liquidation.

If Jackson has successfully orchestrated this, and the outcome is favourable to Hearts, ie: the CVA is approved and the all the shares are released immediately, then you would have to say he has played an absolute "blinder". However, given the past record of Lithuanian inertia in these matters (for valid reasons) and the complexities involved, you have to remain sceptical. Anyway, we will soon find out.

[HFC 0-7]

:tsk tsk:Rangers, did not get back into any league. Instead, another club called The Rangers, applied and were allowed into the bottom rung of the SFL Leagues. no question about that, because it's a FACT


You our know what I mean, if hearts are to start a newco and fast track into the leagues, they will need to settle football debts. Either way those plums won't be debt free or financially sound whether they get the cva agreed or liquidate.

[Greencore]

They dead yet???

[AlbertK86]

And it's started... Just cancel them you cretin - It's money down the drain. Go sit by the letterbox and await the share certificate that's rightly yours. Sucker

Class in a glass ..... Hope you managed to post that reply on thenowayback threads !!

[Aldo]

And it's started... Just cancel them you cretin - It's money down the drain. Go sit by the letterbox and await the share certificate that's rightly yours. Sucker

Hardy har!!! Better get a comfy chair and thermos cos you've a long long wait. They still don't get it.

[AlbertK86]

Hopefully at 6:02 on 0-7 April it is announced that the cheats finally give up the ghost and die and their arrogant gobs are slammed shut !!!

Bring on liquidation

Bye bye Jambos .......



12357




12359


12358

[Aldo]

Hopefully at 6:02 on 0-7 April it is announced that the cheats finally give up the ghost and die and their arrogant gobs are slammed shut !!! Bring on liquidation Bye bye Jambos ....... <img src="http://www.hibs.net/attachment.php?attachmentid=12357"/> <img src="http://www.hibs.net/attachment.php?attachmentid=12359"/> <img src="http://www.hibs.net/attachment.php?attachmentid=12358"/>

And there will be plenty if this to boot

12360

[Ronniekirk]

They dead yet???
On life support machine but they won't give up so no one wants to make the decision yo pull the plug I hope lessons are learnt from this fiasco and the powers that be give the green light to banning memorandums of understanding and rubber stamps as they have caused all the confusion . :wink::confused:

[Caversham Green]

And it's started...



Just cancel them you cretin - It's money down the drain.

Go sit by the letterbox and await the share certificate that's rightly yours.

Sucker

Something that tickles me is that if they had taken administration in October 2012, like any rational business would have done, instead of that ridiculous non-share issue they'd be in much better shape now. They had a stronger squad and a real chance of staying in the top flight and there would have been an extra million quid in the pot for the Save Hearts In Trouble people. They would have got away with it.

[The Gorf]

And it's started...



Just cancel them you cretin - It's money down the drain.

Go sit by the letterbox and await the share certificate that's rightly yours.

Sucker
Picture: a skeleton sitting beside the letterbox with cobwebs all over it.

[Ronniekirk]

It is kinda odd that both the UKIO and UBIG administrators have arranged to have creditors meetings on the exact same date. These co-ordinated meetings, we are told are to "rubber stamp" the acceptance of the the CVA. Strangely, these meetings are taking place at the very limit of the timescale BDO has emphasised the CVA has to be delivered to avoid liquidation.

If Jackson has successfully orchestrated this, and the outcome is favourable to Hearts, ie: the CVA is approved and the all the shares are released immediately, then you would have to say he has played an absolute "blinder". However, given the past record of Lithuanian inertia in these matters (for valid reasons) and the complexities involved, you have to remain sceptical. Anyway, we will soon find out.

It's certainly all gone quiet over there so as you say it's either B J has pulled off a master stroke and managed with political and financial help to get both meetings together and in a position to push it over the line and doesn't want to be publicly gloating about it till it happens, or they have got fed up in Lithuania of all this meddling and harassment so they have decided to agree to meet to allow hear7s to go onto liquidation given timescales hear7s need to work to to come out of administration .So if meetings are going ahead in cloaked secrecy someone has pulled strings and used influence to make this happen .It's receiving less media coverage than our situation which does seem odd .
But am looking forward to other results going our way and the news of the big L being announced before we then turn in the performance of the Season and beat the Sheep to cap a perfect weekend .Sometimes Dreams do come True.

[Phil D. Rolls]

Something that tickles me is that if they had taken administration in October 2012, like any rational business would have done, instead of that ridiculous non-share issue they'd be in much better shape now. They had a stronger squad and a real chance of staying in the top flight and there would have been an extra million quid in the pot for the Save Hearts In Trouble people. They would have got away with it.

To me, that was the defining moment in this story. That's the point they could have taken control if the situation, but they chose to bury their heads in the sand and continue to prop up an owner that was clearly a crook.

They couldn't have bought him out, but they could have made it impossible for him to go on. They have been a bunch of patsies, floored by their own hubris, rather than the actions of others. That's what happens when your brought up to tug your forelock, and believe the folks on the hill are on your side.

[Ronniekirk]

To me, that was the defining moment in this story. That's the point they could have taken control if the situation, but they chose to bury their heads in the sand and continue to prop up an owner that was clearly a crook.

They couldn't have bought him out, but they could have made it impossible for him to go on. They have been a bunch of patsies, floored by their own hubris, rather than the actions of others. That's what happens when your brought up to tug your forelock, and believe the folks on the hill are on your side.
Yes agree they are not victims and have been the Architects of their own Downfall The fact they have had media sympathy to certain extend has allowed the Delusion to build and Some supporters and Board Members now need to come out Publicly and accept they didn't do enough and apologise But we all know why they didn't they were enjoying cheating their way to success and even after the Scottish Cup Final they still believed that they could go on .They got greedy and they need to pay the price

[greenginger]

To me, that was the defining moment in this story. That's the point they could have taken control if the situation, but they chose to bury their heads in the sand and continue to prop up an owner that was clearly a crook.

They couldn't have bought him out, but they could have made it impossible for him to go on. They have been a bunch of patsies, floored by their own hubris, rather than the actions of others. That's what happens when your brought up to tug your forelock, and believe the folks on the hill are on your side.


But back in October 2012 Vlad was still in control of UBIG and Ukio Bankas and had the word come back that the " simple fans " were not going to give up Christmas then I'm sure a couple of legal documents would have seen the PBS Titles end up as an asset to some Virgin Isle registered company.

[Jack]

Something that tickles me is that if they had taken administration in October 2012, like any rational business would have done, instead of that ridiculous non-share issue they'd be in much better shape now. They had a stronger squad and a real chance of staying in the top flight and there would have been an extra million quid in the pot for the Save Hearts In Trouble people. They would have got away with it.

I'd bet my last pound the badLiths already had their exit plan running at that time and were only concerned about fleecing the yams with the share money and as much of the season ticket money as they could muster before fleeing. They had no intention of giving these bucks up.

What surprises me is no criminal investigation ... into the part played by those on the run and those still there of how that all happened.

[greenpaper55]

Think about this, they have kept on wee Broony even though they were in admin but now they have told him to bolt, maybe there is no meeting on monday and they are cutting costs already. Jackson already said other means of funding might be on the cards if they don't get the shares and i predict they will get out the begging bowl one again so that they stagger on till season end.

[brog]

But back in October 2012 Vlad was still in control of UBIG and Ukio Bankas and had the word come back that the " simple fans " were not going to give up Christmas then I'm sure a couple of legal documents would have seen the PBS Titles end up as an asset to some Virgin Isle registered company.

My thoughts exactly. They did however have the opportunity to go into admin before end of last season. They may or may not have been relegated but even if they had they would have had the opportunity to come back up without Newco being in same league as them. There is of course one consistent factor throughout this period, self-sufficient Southern was nominally in charge. He does seem to have disappeared in recent months though, wonder why?

[The Gorf]

Tom English on Sportscene has just said that Tynie is only worth £1million tops. Surely not?

[Keith_M]

Tom English on Sportscene has just said that Tynie is only worth £1million tops. Surely not?


Of course it's true, why would he lie?


Also, I have utmost faith that Tom English is indeed an expert in current Edinburgh land values.


:wink:

[Dashing Bob S]

I'm off out for a few jars to celebrate Hearts relegation.

Monday off out to hopefully celebrate our escape from relegation and their liquidation.

[Zondervan]

Tom English slavering that the Tynecastle High School land was sold for £650k last week? Land that is 2/3rd the size of what Hearts own, therefore he says that the most the Lithuanians can hope for is £1m?

Can someone help him out here with evidence to show he is talking rubbish.

[CropleyWasGod]

Answers to consecutive clues in the Scotsman general knowledge crossword today:-

Insolvency

Lithuania


Proves that the paper is a Hobo rag, clearly.

[Weststandwanab]

Tom English slavering that the Tynecastle High School land was sold for £650k last week? Land that is 2/3rd the size of what Hearts own, therefore he says that the most the Lithuanians can hope for is £1m?

Can someone help him out here with evidence to show he is talking rubbish. When Budgie buys it for £3.5m from the Liquidators in due course.

[Onion]

When Budgie buys it for £3.5m from the Liquidators in due course.

:agree: You just know this is the likely outcome.

[Onion]

Tom English on Sportscene has just said that Tynie is only worth £1million tops. Surely not?

So why is Budgie willing to pay £2.5m now, and Cala £22M a few years ago. Have the Liths been running nuclear tests under the main stand that no one was aware of ? Would explain a lot.

[EdinMike]

Tom English on Sportscene has just said that Tynie is only worth £1million tops. Surely not?

:faf: Ha.. Stick to terrible journalism Tom

[brog]

Tom English slavering that the Tynecastle High School land was sold for £650k last week? Land that is 2/3rd the size of what Hearts own, therefore he says that the most the Lithuanians can hope for is £1m?

Can someone help him out here with evidence to show he is talking rubbish.

Sounds like he's been well coached by BDO. Must be because Yams are such well known philanthropists that they're paying 150% over the odds then! :wink:

[HibeeHendo]

A question for the posters who know how all this process works:

In all likelihood what do you think the outcome will be, will the CVA be granted or does liquidation beckon?

[Phil D. Rolls]

A question for the posters who know how all this process works:

In all likelihood what do you think the outcome will be, will the CVA be granted or does liquidation beckon?

Liquidation..

[jacomo]

Tom English on Sportscene has just said that Tynie is only worth £1million tops. Surely not?

If Budge does somehow pull this off, then declare the PBS 'not fit for purpose' and launches the search for a new home, expect the MSM to talk it up as a premier development opportunity, easily worth £20m or more.

[Hal Jordan]

With apologies to Joy Division:

In fear every day, every evening,
He calls her aloud from above,
Carefully watched for a reason,
Painstaking devotion and love,
Surrendered to self preservation,
From others who care for themselves.
A blindness that touches perfection,
But hurts just like anything else.

Liquidation, liquidation, liquidation.

Mother I tried please believe me,
I'm doing the best that I can.
I'm ashamed of the things I've been put through,
I'm ashamed of the person I am.

Liquidation, liquidation, liquidation.

But if you could just see the beauty,
These things I could never describe,
These pleasures a wayward distraction,
This is my one lucky prize.

Liquidation, liquidation, liquidation, Liquidation, liquidation.

[Weststandwanab]

:agree: You just know this is the likely outcome. Indeed we do and, in my opinion, that has been the plan from the start of F.O.H..

On the subject of the silent 8,000 Diddies I understand Ian -I was an M.P. - Murray is in hiding in Westminster.


So why is Budgie willing to pay £2.5m now, and Cala £22M a few years ago. Have the Liths been running nuclear tests under the main stand that no one was aware of ? Would explain a lot.The Cala offer was subject to......... so many things


A question for the posters who know how all this process works:

In all likelihood what do you think the outcome will be, will the CVA be granted or does liquidation beckon? I will stick my neck out again, the big L will happen within 48 hours of the last league match.


If Budge does somehow pull this off, then declare the PBS 'not fit for purpose' and launches the search for a new home, expect the MSM to talk it up as a premier development opportunity, easily worth £20m or more. Entirely possible.

[Iggy Pope]

Tom English slavering that the Tynecastle High School land was sold for £650k last week? Land that is 2/3rd the size of what Hearts own, therefore he says that the most the Lithuanians can hope for is £1m?

Can someone help him out here with evidence to show he is talking rubbish.

He is a comic though.
Ask yourself. Have Tom English and Dara O'Briain ever been seen in the same room?

[The_Todd]

He is a comic though.
Ask yourself. Have Tom English and Dara O'Briain ever been seen in the same room?

Most likely because Dara O'briain wouldn't be seen dead in the same room as Tom English.

[CropleyWasGod]

He is a comic though.
Ask yourself. Have Tom English and Dara O'Briain ever been seen in the same room?

I did once....

D O'B was punching the crap out of TE, in time with the mantra "Don't....talk.... scheidt...about...scheidt....you....know....scheid t....about".

[Billy Whizz]

He is a comic though.
Ask yourself. Have Tom English and Dara O'Briain ever been seen in the same room?

Sound alike, but don't look anything like each other

[Phil D. Rolls]

Sound alike, but don't look anything like each other

A master of disguise as well, is he Sergey?

[Billy Whizz]

A master of disguise as well, is he Sergey?

Has anyone ever seen or spoke to Sergey

[CropleyWasGod]

Has anyone ever seen or spoke to Sergey

Bajillions does... all the time.

[Billy Whizz]

Bajillions does... all the time.

Brilliant, the plot thickens

[Phil D. Rolls]

Has anyone ever seen or spoke to Sergey

I can't answer that truthfully. I'm not sure what I see in the mirror.:paranoid:

[jacomo]

Has anyone ever seen or spoke to Sergey

Sergey is Vlad.

Back in 2004, Vlad's mate bet him a rouble that he could buy a football club in one of Europe's smaller leagues and convince them they were going to win the Champions League, despite the fact he didn't have any money himself.

Vlad went along with it for a laugh, assuming he'd be rumbled pretty quickly and win the bet. When he realised quite how thick the Yams really are, he developed an alter ego to try and scupper the project.

[Phil D. Rolls]

Sergey is Vlad.

Back in 2004, Vlad's mate bet him a rouble that he could buy a football club in one of Europe's smaller leagues and convince them they were going to win the Champions League, despite the fact he didn't have any money himself.

Vlad went along with it for a laugh, assuming he'd be rumbled pretty quickly and win the bet. When he realised quite how thick the Yams really are, he developed an alter ego to try and scupper the project.

When the kids had killed the man, he had to break up the band. Type of thing?

[Sergey]

Has anyone ever seen or spoke to Sergey

Yes -

Irena Janulioniene at BAP has been in close contact, as has Deimante Korsakaite at the legal firm - Turk Grunte Suitkiene who look after the legal proceedings of the UKIO insolvency.

I don't really want to post my UBIG contacts, as them's the ones that matters :thumbsup:

[Kato]

When the kids had killed the man, he had to break up the band. Type of thing?

Ooooh, yeah!

[Phil D. Rolls]

Ooooh, yeah!

I bet they'd kill to have another five years.

[Iggy Pope]

Sound alike, but don't look anything like each other

Really? I'm shattered. Although I suppose it matters little on the radio.

[Ozyhibby]

Yes -

Irena Janulioniene at BAP has been in close contact, as has Deimante Korsakaite at the legal firm - Turk Grunte Suitkiene who look after the legal proceedings of the UKIO insolvency.

I don't really want to post my UBIG contacts, as them's the ones that matters :thumbsup:



I hope they have been saying nice things to you this week?

[Famous Fiver]

Anybody know any fat ladies who sing?

We are going to need one on Monday.

TICK TOCK

[Mr White]

Anybody know any fat ladies who sing?

We are going to need one on Monday.

TICK TOCK

I'd like to see beth ditto and michelle mcmanus singing a duet of "moneys too tight to mention" to send the gimps off.

[The Falcon]

Yes -

Irena Janulioniene at BAP has been in close contact, as has Deimante Korsakaite at the legal firm - Turk Grunte Suitkiene who look after the legal proceedings of the UKIO insolvency.

I don't really want to post my UBIG contacts, as them's the ones that matters :thumbsup:



Good man. :aok:

[Pray4Marc]

Iam embarrassed to say this but I live on Gorgie Road, but can confirm the hurt is extremely strong in this area. Roasters arguing amongst themselves in the tynecastle arms. The seethe on the landlords face is the highlight of the night so far.

[Phil D. Rolls]

Iam embarrassed to say this but I live on Gorgie Road, but can confirm the hurt is extremely strong in this area. Roasters arguing amongst themselves in the tynecastle arms. The seethe on the landlords face is the highlight of the night so far.

Pleasing.

[clerriehibs]

Iam embarrassed to say this but I live on Gorgie Road, but can confirm the hurt is extremely strong in this area. Roasters arguing amongst themselves in the tynecastle arms. The seethe on the landlords face is the highlight of the night so far.


Is he not a hibby? :confused:

Maybe going back 20 years is stretching it a bit :greengrin

[Pray4Marc]

Is he not a hibby? :confused:

Maybe going back 20 years is stretching it a bit :greengrin

By the look on his face, something close to him has died.

[Phil D. Rolls]

By the look on his face, something close to him has died.

His business.

[kdhibees1]

Iam embarrassed to say this but I live on Gorgie Road, but can confirm the hurt is extremely strong in this area. Roasters arguing amongst themselves in the tynecastle arms. The seethe on the landlords face is the highlight of the night so far.
http://s16.postimg.org/94y187l9h/happyhour204.jpg

[GreenLake]

A few of the hard core yams will pick up the bits left over and start again. They deserve respect for being committed even if they are a bit selfish and completely deluded. Heart of Midlothian - forever the Arse and Hole of Edinburgh ALWAYS.

[Jim44]

Yes -

Irena Janulioniene at BAP has been in close contact, as has Deimante Korsakaite at the legal firm - Turk Grunte Suitkiene who look after the legal proceedings of the UKIO insolvency.

I don't really want to post my UBIG contacts, as them's the ones that matters :thumbsup:



C'mon Sergey give them something to get their seething teeth into. All you've done tonight is upset some ignorant pedant with your common parlance use of 'them's'. "See the level of literacy on the Easter Road Board hasn't improved any." :rotflmao: Surely you can be a bit more controversial than that.

[Sergey]

C'mon Sergey give them something to get their seething teeth into. All you've done tonight is upset some ignorant pedant with your common parlance use of 'them's'. "See the level of literacy on the Easter Road Board hasn't improved any." :rotflmao: Surely you can be a bit more controversial than that.

Monday :aok:

Gasman knows the score, as does do my mate Allan.

[Jim44]

Monday :aok:

Gasman knows the score, as does do my mate Allan.

Steady on now. You're giving the Jambo literacy police more ammunition.:greengrin

[bighairyfaeleith]

Sergey does his mate allan?

Oh the hibees are gay :greengrin

Why do hearts have a big R next to them in the league table?

[lapsedhibee]

Why do hearts have a big R next to them in the league table?
Is it that they're the only club who've produced their own range of Reversible clothing? :dunno:

[Danderhall Hibs]

Sergey does his mate allan?

Oh the hibees are gay :greengrin

Why do hearts have a big R next to them in the league table?

Rrevolution?

[Phil D. Rolls]

Monday :aok:

Gasman knows the score, as does do my mate Allan.

You mean I've got to do all this again. Oooooh ma liver :(

[GreenLake]

Monday :aok:

Gasman knows the score, as does do my mate Allan.

I heard Gasman likes to be bottom for PCTBAL.

[GlasgowHibee]

I CANNOT wait for the incredible amount of seethe threads on KB come Monday evening.

I'm hoping you've done us proud Sergey. :aok:

[kdhibees1]

I CANNOT wait for the incredible amount of seethe threads on KB come Monday evening.

I'm hoping you've done us proud Sergey. :aok:
To seethe or not to seethe, that is the question!

[Saorsa]

To seethe or not to seethe, that is the question!

They're seething here,
They're seething there,
Those yams are seething everywhere

They're really sad,
They're hopping mad,
Wherever they are, the smell is bad.

:agree:

[0762]

Tom English slavering that the Tynecastle High School land was sold for £650k last week? Land that is 2/3rd the size of what Hearts own, therefore he says that the most the Lithuanians can hope for is £1m?

Can someone help him out here with evidence to show he is talking rubbish.
English is really having a love-in with the Yams! He claims to bethe fount of all knowledge on Sport (ok he knows more about rugby than me but Iknow nothing about that so that’s not hard) ....... but now he claims tobe a property expert as well.
The only reason he gets air-time on the BBC is because he's controversial. He gives extreme views (used to replace Jim Traynor as the sports Shock-Jock) and is basically just a rent a gob. If you ever hear him on the BBC he usually spends part on the next show apologising for something he's said on the previous show because he’s got it wrong.
What the BBC should be checking on however is how many times he is factually incorrect with his claims. This doesn't just make English look stupid, it also makes the BBC look stupid. Mother Beeb, your standards are slipping.
And so to his knowledge of the Edinburgh property market…………. Oh, Mr English you've made a fool of yourself again! Tynecastle High School is a Listed Building and therefore the site has limited developmentvalue - accordingly it has been sold by the Council not at the current commercial land rates obtained in Edinburgh (including Gorgie) - there was asite about a mile away from Tynie that was being marketed for several million more than the Hearts CVA value............ this site is also smaller than Tynie and further away from the City Centre so technically Tynie should be worth more.
The School has been sold to an existing neighbour, andemployer in the Gorgie area to allow them to develop and grow as part of that community (I actually applaud the Council for this). The CoEC also had to move the school on before it fell into a state of disrepair that it would cost them money to maintain. As a Listed Building they had an obligation to sell it on to someone to develop or they would have had to pump rate payer money into the site to maintain it.
So Mr English will probably now hide behind the Hearts/CoEC report that said Tynie could no longer be developed. Mr English before you do……No! This report was commissioned by Hearts Management to try and get someone else tobuild and pay for a new stadium for them. Only a couple of years before they were going to spend £50m redeveloping the mainstand (remember that one? I still kill myself laughing when I think about it. Oh, how the Vlad Sheep swallowed that one.). The report is not an independent report of thetrue situation at Tynecastle. The Stadium has a significant development value if Hearts weren’t there – way abovethat of the £2.5m that BDO are trying to pull the wool over the Lithuanian’s eyes on. The density of the housing might not be as a property developer would like it but that site could net a significant return on developer’s investment. Remember Cala weren’t buying it because they wanted to bail out Heartsor the Pieman. They were in it to makemoney from a development.
Oh Mr English, do your homework for once before you start preaching your ill-informed nonsense. Either that or stick to crowing about rugby where I will give you the benefit of the doubt that you know more about it than me. In fact I know as much about rugby as English knows about the Edinburgh property market.......................hee haw!

[Springbank]

It's pretty poor show from the Jambos that they tried to pass off a £20m piece of real estate, plus their team's name and history for £2.5m

Shan

[Sanger]

Bajillions does... all the time.

Is he real orca troll. Tried to bully me off here once. Was a Jambo troll uncovered? I am on the fence!

[gegs70]

I was told that there was an issue with building on the. Land due to chemicals being used nearby????

But wasn't sure if this was complete and utter nonsense to.derail any liquidation from Lithuania.

It must be difficult 50% is only worth £50k is it worth the creditors getting out of bed for to agree a paltry sum or would it be worth their while gambling to try to agree a much better deal?

[clerriehibs]

I was told that there was an issue with building on the. Land due to chemicals being used nearby????

But wasn't sure if this was complete and utter nonsense to.derail any liquidation from Lithuania.

It must be difficult 50% is only worth £50k is it worth the creditors getting out of bed for to agree a paltry sum or would it be worth their while gambling to try to agree a much better deal?



Maybe best to start on page 1.

[gorgie greens]

Is he not a hibby? :confused:

Maybe going back 20 years is stretching it a bit :greengrin

the guy that run it before I headed down to Wales in 2004 is a Hibby ,came from Clermiston name of stevie and I played fitba with the very man,not sure if he still runs it or not

[gegs70]

Maybe best to start on page 1.

This has been rumbling on so long this thread could be made into a book?

[leggeto]

the guy that run it before I headed down to Wales in 2004 is a Hibby ,came from Clermiston name of stevie and I played fitba with the very man,not sure if he still runs it or not

he is the manager,its a Caledonian pub,he dosnt own it

[StevieT]

Rrevolution?

DH, are you telling us the Yams are Revolting? :agree::wink:

[CropleyWasGod]

Is he real orca troll. Tried to bully me off here once. Was a Jambo troll uncovered? I am on the fence!
You asking me if I'm a troll? ;-)

[HUTCHYHIBBY]

Is he real orca troll. Tried to bully me off here once. Was a Jambo troll uncovered? I am on the fence!

Where have you been ds? Welcome back!

[0762]

I was told that there was an issue with building on the. Land due to chemicals being used nearby????

But wasn't sure if this was complete and utter nonsense to.derail any liquidation from Lithuania.

It must be difficult 50% is only worth £50k is it worth the creditors getting out of bed for to agree a paltry sum or would it be worth their while gambling to try to agree a much better deal?
BDO and FOH are both trying to present a bleak picture to Lithuania. The chemicals/blast zone is not the issue its being made out to be in Hearts "friendly" report on the stadium redevelopment. If it was why would the CoEC allow the new Tynie High School to be built that close to the existing site or why would they allow a supermarket to be built on the other side. They are trying to present a "accept £2.5m for Club and land or its liquidation and you might not get that if its liquidated". Don't think you can blame them for trying to paint as bleak a picture as possible. Assume all clubs would do the same in that position. All that will be happening is that the Lith's will be saying yes, £2.5m is fine for the Club but the land is worth more than that by itself. Read Murray in Scotsman online and a "Hearts Insider" claiming that if they don't accept the CVA, Hearts will drop to the fourth tier of Scottish Football, and won't be able to afford a rent on Tynie (Interesting! Have the Lith's asked for cash for sale of the Club plus we'll lease you the stadium in return for rent? - First I heard of something like this. If I was in Lithuanian I'd quite fancy sticking 5/6 acres of Edinburgh real estate in my land bank until there is an upturn in the property market). The Hearts insider claims it would be worthless piece of land..... I'd argue that one, there is no such thing. Also if liquidated, Newco Hearts will have to apply for re-entry (that's not guaranteed - although it is likely it would be accepted similar to Rangers).

[GreenLake]

English is really having a love-in with the Yams! He claims to bethe fount of all knowledge on Sport (ok he knows more about rugby than me but Iknow nothing about that so that’s not hard) ....... but now he claims tobe a property expert as well.
The only reason he gets air-time on the BBC is because he's controversial. He gives extreme views (used to replace Jim Traynor as the sports Shock-Jock) and is basically just a rent a gob. If you ever hear him on the BBC he usually spends part on the next show apologising for something he's said on the previous show because he’s got it wrong.
What the BBC should be checking on however is how many times he is factually incorrect with his claims. This doesn't just make English look stupid, it also makes the BBC look stupid. Mother Beeb, your standards are slipping.
And so to his knowledge of the Edinburgh property market…………. Oh, Mr English you've made a fool of yourself again! Tynecastle High School is a Listed Building and therefore the site has limited developmentvalue - accordingly it has been sold by the Council not at the current commercial land rates obtained in Edinburgh (including Gorgie) - there was asite about a mile away from Tynie that was being marketed for several million more than the Hearts CVA value............ this site is also smaller than Tynie and further away from the City Centre so technically Tynie should be worth more.
The School has been sold to an existing neighbour, andemployer in the Gorgie area to allow them to develop and grow as part of that community (I actually applaud the Council for this). The CoEC also had to move the school on before it fell into a state of disrepair that it would cost them money to maintain. As a Listed Building they had an obligation to sell it on to someone to develop or they would have had to pump rate payer money into the site to maintain it.
So Mr English will probably now hide behind the Hearts/CoEC report that said Tynie could no longer be developed. Mr English before you do……No! This report was commissioned by Hearts Management to try and get someone else tobuild and pay for a new stadium for them. Only a couple of years before they were going to spend £50m redeveloping the mainstand (remember that one? I still kill myself laughing when I think about it. Oh, how the Vlad Sheep swallowed that one.). The report is not an independent report of thetrue situation at Tynecastle. The Stadium has a significant development value if Hearts weren’t there – way abovethat of the £2.5m that BDO are trying to pull the wool over the Lithuanian’s eyes on. The density of the housing might not be as a property developer would like it but that site could net a significant return on developer’s investment. Remember Cala weren’t buying it because they wanted to bail out Heartsor the Pieman. They were in it to makemoney from a development.
Oh Mr English, do your homework for once before you start preaching your ill-informed nonsense. Either that or stick to crowing about rugby where I will give you the benefit of the doubt that you know more about it than me. In fact I know as much about rugby as English knows about the Edinburgh property market.......................hee haw!

The school sale should be investigated for corruption. The timing is suspicious and the full intent of it, along with the players behind it should be brought into the light of day. Who valued that school? City tax payers should not be suffering a loss of return to add weight to a CVA for a local soccer club.

[AndyB_70]

Got some YAM giving me a story regarding the money they stole from charities. He says that FoH paid all the charities back but that can't be right can it? They just can't use that money for what they want.

[Spike Mandela]

Got some YAM giving me a story regarding the money they stole from charities. He says that FoH paid all the charities back but that can't be right can it? They just can't use that money for what they want.

You can stal something from a shop and someone can pay it back for you. You are still a thief.

[jacomo]

Got some YAM giving me a story regarding the money they stole from charities. He says that FoH paid all the charities back but that can't be right can it? They just can't use that money for what they want.

Snot true. FoH has not used any of the funds they've collected to pay HMFC debts.

[jacomo]

Where have you been ds? Welcome back!

Extraordinary. Such an innocuous come back as well - where does ds now stand on the pressing issues??

[big gogs]

The blast zone next to Tynecastle has never really been a problem,had it been the stadium would have been closed down by the health and safety.this is raised time and time again,it is straw clutching.if and when the stadium is demolished money will be made by a developer,concrete can be crushed and re used in new sites,the steel sold for scrap,grants available for asbestos removal.then the land and office block area that's the real money.

[cocopops1875]

Got some YAM giving me a story regarding the money they stole from charities. He says that FoH paid all the charities back but that can't be right can it? They just can't use that money for what they want.
I understand fans who were disgusted with bumping Earl Haig/poppy scotland stumped up for that debt

[cocopops1875]

Extraordinary. Such an innocuous come back as well - where does ds now stand on the pressing issues??

Is it the same guy ? I had in my mind the yam troll was Dean Santos ? My memory is not what it used to be lol

[jacomo]

Is it the same guy ? I had in my mind the yam troll was Dean Santos ? My memory is not what it used to be lol

IIRC there was a poster called Dean Santos, but not involved on this thread. This fella is definitely the 'insolvency expert' whose opinion changes with the breeze!

[Sanger]

Where have you been ds? Welcome back!

Exhausted by the whole saga! But did post something the other day about Ukio, UBIG and their relationship and UBIG's other creditors other than UKIO. It was in relation to the real hearts debt of £70 million and the missing £40m which was converted into shares/forgiven. Creditors other than the Lith state are the one who could scupper the deal as they will get nothing. Think the Lith state are set to accept the £2.5m and as I said before have separated Romaniv and Herarts and see Hearts as just another on of Romanov's victims and and "innocent" party! I think Sergey had it right that it would be the length of time and the complexity of unlocking the shares will force BDO into liquidation. My orginal position was that Lith state would see what was on offer to be too low compare to the liquidation value of Tynie and go for liquidation which would not also have to deal with the share issue. Yes think it is the big L but by the former route. Tomorrow a big day for us all. I am more worried by the evening's events at ER.

[Sanger]

IIRC there was a poster called Dean Santos, but not involved on this thread. This fella is definitely the 'insolvency expert' whose opinion changes with the breeze!

I am not an insolvency expert but an analyst on economies, banks, and financial systems.

[Phil D. Rolls]

Exhausted by the whole saga! But did post something the other day about Ukio, UBIG and their relationship and UBIG's other creditors other than UKIO. It was in relation to the real hearts debt of £70 million and the missing £40m which was converted into shares/forgiven. Creditors other than the Lith state are the one who could scupper the deal as they will get nothing. Think the Lith state are set to accept the £2.5m and as I said before have separated Romaniv and Herarts and see Hearts as just another on of Romanov's victims and and "innocent" party! I think Sergey had it right that it would be the length of time and the complexity of unlocking the shares will force BDO into liquidation. My orginal position was that Lith state would see what was on offer to be too low compare to the liquidation value of Tynie and go for liquidation which would not also have to deal with the share issue. Yes think it is the big L but by the former route. Tomorrow a big day for us all. I am more worried by the evening's events at ER.

I wouldn't worry too much. A play off place is not the same thing as relegation.

Sorry mate, I know you post a lot on this subject. I could probably find this out myself by looking at old posts, but I'm too lazy. Anyway, I was wondering, what are your sources?

[Sanger]

You asking me if I'm a troll? ;-)

You are definitely not a troll but an accountant! You are definitely not Sergey or Ball..., unless you have Chameleon writing and thought processes.

[Kojock]

Why do hearts have a big R next to them in the league table?

Ra Famous

[greenginger]

Got some YAM giving me a story regarding the money they stole from charities. He says that FoH paid all the charities back but that can't be right can it? They just can't use that money for what they want.


In last July's creditors list there was an entry of £ 34,048.00 due to the Big Hearts Charity Trust. In the BDO interim statement to 18th December that creditor is no longer listed.

The charity uses offices at Tynecastle, part of the Council buildings let by HOMFC and I guess Jackson came up with a plan to invoice the charity for back rent equivalent to the sum owed. That would show the charity as being repaid.

Also in the interim statement there is an entry in the income column for £ 66,000 for rents receivable. I wonder if they are still bleeding their charity ?

[Weststandwanab]

Welcome back Desantos, some of us have missed your posts.

Your timing is immaculate as one more sleep until D day for the Diddies

Keep the faith the big L is coming.

[Ronniekirk]

ra famous
redundant

[The Gorf]

I was told that there was an issue with building on the. Land due to chemicals being used nearby????

But wasn't sure if this was complete and utter nonsense to.derail any liquidation from Lithuania.

It must be difficult 50% is only worth £50k is it worth the creditors getting out of bed for to agree a paltry sum or would it be worth their while gambling to try to agree a much better deal?

That's to de-sanitise them on the way out of their ground. Once they are liquidated those chemicals won't be necessary anymore. :greengrin

[Jim44]

The Sunday Sun ( do they ever get things right? ) reporting that Budge might budge. Apparently she's getting frustrated at the time dragging on.
That timing seems a bit odd given that there is only 24 hours to go to D day.:dunno:

[Phil D. Rolls]

The Sunday Sun ( do they ever get things right? ) reporting that Budge might budge. Apparently she's getting frustrated at the time dragging on.
That timing seems a bit odd given that there is only 24 hours to go to D day.:dunno:

Pleasing.

[Mikey]

The Sunday Sun ( do they ever get things right? ) reporting that Budge might budge. Apparently she's getting frustrated at the time dragging on.
That timing seems a bit odd given that there is only 24 hours to go to D day.:dunno:

Maybe they know what the ultimate outcome will be, regardless of tomorrow :wink:

[Mikey]

Just a wee reminder folks that if they do get the news they're looking for tomorrow then they'll still be nowhere near "getting away with it". Time and money are still their biggest enemies and they'll have to sit through a cooling off period and then wait for the court hearing.

And it was the court hearing that did for Portsmouth............


A court date was set and pushed back several times from the end of last year to a hearing finally taking place this month*.

* That was around a 5 month wait for the court hearing


http://www.accountancyage.com/aa/news/2262996/bdo-administrators-confirm-sale-of-portsmouth-fc

[Sanger]

I wouldn't worry too much. A play off place is not the same thing as relegation.

Sorry mate, I know you post a lot on this subject. I could probably find this out myself by looking at old posts, but I'm too lazy. Anyway, I was wondering, what are your sources?

My main sources are Bloomberg - Either their reporting over the last three years or their journalist in Lithuania who I know personally an in regular communication. Also was in direct touch with Ukio administrator when they went bust.

[Ronniekirk]

Maybe they know what the ultimate outcome will be, regardless of tomorrow :wink:
Or maybe another million quid from her empire with other sweeteners has been getting worked on behind the scenes and that's why all the secrecy and both creditors meetings supposedly taking place on same day ,she knows timescale she is working to so she might be playing her last hand in this Poker game .

[Phil D. Rolls]

My main sources are Bloomberg - Either their reporting over the last three years or their journalist in Lithuania who I know personally an in regular communication. Also was in direct touch with Ukio administrator when they went bust.

Thanks. :aok:

[Weststandwanab]

The Sunday Sun ( do they ever get things right? ) reporting that Budge might budge. Apparently she's getting frustrated at the time dragging on.
That timing seems a bit odd given that there is only 24 hours to go to D day.:dunno: Maybe she will budge the other way and say if it is not concluded tomorrow, in the words of a Dragon, I'm out !

[greenpaper55]

The "Gasman" he says things are ok and i quote

"The "technical reason" was SB requiring copies of some documentation, and was never anything to do with HMFC or the value of our CVA.

That has now been confirmed, and SB now have the copies of the documents they were looking for. "

So according to him it's all go for tomorrow.

[Ronniekirk]

Maybe she will budge the other way and say if it is not concluded tomorrow, in the words of a Dragon, I'm out !
Dragons Den style,now that would be interesting if the Liths then called her Bluff .think she has invested a lot emotionally now in this to just walk away.

[Ronniekirk]

The "Gasman" he says things are ok and i quote

"The "technical reason" was SB requiring copies of some documentation, and was never anything to do with HMFC or the value of our CVA.

That has now been confirmed, and SB now have the copies of the documents they were looking for. "

So according to him it's all go for tomorrow.

the Gas Man versus Sergey who is winning on points so far for accuracy of posts .But let's see what Monday brings .This site will be busy either way that's for sure .

[Glesgahibby]

My main sources are Bloomberg - Either their reporting over the last three years or their journalist in Lithuania who I know personally an in regular communication. Also was in direct touch with Ukio administrator when they went bust.
Welcome back desantos:aok:
could you confirm(for the doubters)that even if there is a rubber stamp tomorrow,all assets will have to be unfrozen via the Lithuanian courts and a rough idea of the timescale.

[NGP]

In last July's creditors list there was an entry of £ 34,048.00 due to the Big Hearts Charity Trust. In the BDO interim statement to 18th December that creditor is no longer listed.

The charity uses offices at Tynecastle, part of the Council buildings let by HOMFC and I guess Jackson came up with a plan to invoice the charity for back rent equivalent to the sum owed. That would show the charity as being repaid.

Also in the interim statement there is an entry in the income column for £ 66,000 for rents receivable. I wonder if they are still bleeding their charity ?

The money was not taken from the Big Hearts Trust, just never passed on to them. The money was from fundraising through the club (like doing a sponsored walk and keeping the money raised for yourself). Big Hearts did a lot of great work for children in Edinburgh, but it looks like they are going the same way as the club, broke.

[Jim44]

Sunday Mail snippet mentions the three political musketeers, 'Jambo -daft' Salmond, Foulkes and Murray, starring the UK Ambassador in Vilnius as D'Artagnan, ' working the parliamentary back-channels to the Baltic state'. (whatever that means) It also mentions Jackson and Birch flying out to tomorrow to meet with the administrators of UBIG and UKIO. It says 'it's believed' that UBIG are ready to play ball but UKIO are still being sticky. (I thought 'it was believed' that it was the other way about.) :greengrin Confused? You soon will be!, as they used to say on the telly.

[Jack]

The Sunday Sun ( do they ever get things right? ) reporting that Budge might budge. Apparently she's getting frustrated at the time dragging on.
That timing seems a bit odd given that there is only 24 hours to go to D day.:dunno:

The Purple Budgie said at the outset of her public involvement that there was a deadline of the end of April for her takeover bid to succeed or she'd walk.

[hibadelic]

In last July's creditors list there was an entry of £ 34,048.00 due to the Big Hearts Charity Trust. In the BDO interim statement to 18th December that creditor is no longer listed.

The charity uses offices at Tynecastle, part of the Council buildings let by HOMFC and I guess Jackson came up with a plan to invoice the charity for back rent equivalent to the sum owed. That would show the charity as being repaid.

Also in the interim statement there is an entry in the income column for £ 66,000 for rents receivable. I wonder if they are still bleeding their charity ?

There's something funny going on with Big Hearts. I've heard rumours of dodgy dealings / embezzlement.

[Www1875hfc]

So, who's gonnae be first wi the breaking news the morn ?

[Ozyhibby]

So, who's gonnae be first wi the breaking news the morn ?

I'm predicting BBC or Borthwick from STV on twitter.

[Phil D. Rolls]

There's something funny going on with Big Hearts. I've heard rumours of dodgy dealings / embezzlement.

Tell us more.

[Hermit Crab]

There's something funny going on with Big Hearts. I've heard rumours of dodgy dealings / embezzlement.

Source?

[nribs]

I'm predicting BBC or Borthwick from STV on twitter.
Sergey? The Gassman?

[Jim44]

In a thread on KB, discussing Aiden Smith's dreadful article, someone refers to a tweet about a rumour that a certain Hibby poster who was trying to scupper the Jambo rescue bid, ....... Sergey? was actually the Sports Editor of the Scotsman, Colin Leslie. They accuse the Scotsman of being a Hibby rag. Aye right, tell that to Stuart Bathgate. Sorry if this has already been discussed but it's something I've missed. Hilarious, nonetheless.:greengrin

[brog]

The "Gasman" he says things are ok and i quote

"The "technical reason" was SB requiring copies of some documentation, and was never anything to do with HMFC or the value of our CVA.

That has now been confirmed, and SB now have the copies of the documents they were looking for. "

So according to him it's all go for tomorrow.


He's just quoting from today's Sunday Mason which as another poster says is rather contradictory. On the one hand it says Siaulius are now happy to confirm the share transfer ( boo!! ) but on the other it says UBIG are willing to sign off but the creditors of UKIO are demanding more details before agreeing to meet!! I think the one thing certain is that nothing will be certain after tomorrow. The green light & the rubber stamp can stay in the drawer for a bit longer!

[Weststandwanab]

The "Gasman" he says things are ok and i quote

"The "technical reason" was SB requiring copies of some documentation, and was never anything to do with HMFC or the value of our CVA.

That has now been confirmed, and SB now have the copies of the documents they were looking for. "

So according to him it's all go for tomorrow. It may be that now they have the "valuation" documentationhey may so niet !


Dragons Den style,now that would be interesting if the Liths then called her Bluff .think she has invested a lot emotionally now in this to just walk away. Thee is only so much you can do if the Micro Wave remains unplugged.


Sergey? The Gassman? Either if it is the right outcome.

[brog]

In last July's creditors list there was an entry of £ 34,048.00 due to the Big Hearts Charity Trust. In the BDO interim statement to 18th December that creditor is no longer listed.

The charity uses offices at Tynecastle, part of the Council buildings let by HOMFC and I guess Jackson came up with a plan to invoice the charity for back rent equivalent to the sum owed. That would show the charity as being repaid.

Also in the interim statement there is an entry in the income column for £ 66,000 for rents receivable. I wonder if they are still bleeding their charity ?

I was also intrigued by the disappearance of Big Hearts from the creditors' list. This was an ongoing embarrassment to the club but of course BDO could not favour one creditor by repaying them alone. I think you're probably correct that there's been some accounting wizadry taken place to allow them to remove the name of their own charity from the list.

[Phil D. Rolls]

In a thread on KB, discussing Aiden Smith's dreadful article, someone refers to a tweet about a rumour that a certain Hibby poster who was trying to scupper the Jambo rescue bid, ....... Sergey? was actually the Sports Editor of the Scotsman, Colin Leslie. They accuse the Scotsman of being a Hibby rag. Aye right, tell that to Stuart Bathgate. Sorry if this has already been discussed but it's something I've missed. Hilarious, nonetheless.:greengrin

Think they were saying it was Bajillions. One fud advised the Scotsman to apologise, or there would be repercussions. In Yam speak, that's one off WE KNOW WHERE YOU LIVE. However an open letter us needed to use those actual words.

Pity they weren't so robust when it came to dealing with Vlad. I mean they even gave him the share money in used notes. :faf:

[grunt]

In a thread on KB, discussing Aiden Smith's dreadful article, someone refers to a tweet about a rumour that a certain Hibby poster who was trying to scupper the Jambo rescue bid, ....... Sergey? was actually the Sports Editor of the Scotsman, Colin Leslie.


Think they were saying it was Bajillions.Colin Leslie tweeted telling them not to be so daft and to stop "slandering" his name.

[Phil D. Rolls]

Colin Leslie tweeted telling them not to be so daft and to stop "slandering" his name.

Take it they've taken it all on board, and defamatory remarks have been removed from their site. I'd expect that at least, one of them used to be a Corporate Lawyer in London (England). So he'd surely know quite a bit about these things

[green day]

Think they were saying it was Bajillions. One fud advised the Scotsman to apologise, or there would be repercussions. In Yam speak, that's one off WE KNOW WHERE YOU LIVE. However an open letter us needed to use those actual words.

Pity they weren't so robust when it came to dealing with Vlad. I mean they even gave him the share money in used notes. :faf:

Yep, and even that idiot Guardian Jambo Ewan whatsisface told them to stop being daft on twitter - the jambo accusers clearly did not apologise.

buffoons

[Phil D. Rolls]

Yep, and even that idiot Guardian Jambo Ewan whatsisface told them to stop being daft on twitter - the jambo accusers clearly did not apologise.

buffoons

Youve got to question the admin. of that site.

[Viva_Palmeiras]

The Purple Budgie said at the outset of her public involvement that there was a deadline of the end of April for her takeover bid to succeed or she'd walk.

Should that not be fly away? ;)

[Glesgahibby]

So, who's gonnae be first wi the breaking news the morn ?
Sydney will finally emerge from his mountain of stamped addressed envelopes and break the news:aok:

[madsen5]

Sydney will finally emerge from his mountain of stamped addressed envelopes and break the news:aok:
He might magically reappear like desantos .

[Sergey]

So, who's gonnae be first wi the breaking news the morn ?


Sergey? The Gassman?

It won't be me I'm afraid, as I'm going sailing tomorrow and will miss all the fun.

Inconvenient I know, but I hope to be kept in the loop via text.

[Www1875hfc]

It won't be me I'm afraid, as I'm going sailing tomorrow and will miss all the fun.

Inconvenient I know, but I hope to be kept in the loop via text.

:aok: Whats the time scale difference? They 2 hours ahead yeah !

[Onceinawhile]

Youve got to question the admin. of that site.

One of them seems to be the main person pushing it, by continually referring (in a nudge, nudge, wink, wink manner) to email evidence of it.

[Phil D. Rolls]

One of them seems to be the main person pushing it, by continually referring (in a nudge, nudge, wink, wink manner) to email evidence of it.

That probably explains why it has become such a pathetic site. The majority of posts seem to be from a small clique, that has made itself look very foolish by their response to a major crisis at the club.

There doesn't seem to be much wit over there these days.

[Sanger]

:aok: Whats the time scale difference? They 2 hours ahead yeah !

Work permitting I'll keep on touch with journo contact in Lithuania

[Weststandwanab]

Work permitting I'll keep on touch with journo contact in Lithuania Please do and let us know.

[Spike Mandela]

BBC's Brian Mclaughlin will have the news after he's had his morning doughnuts, has ordered his lunch and after he has filled his expenses form in. Oh, and after Bryan Jackson sends him the press release.:cb

[Kojock]

:aok: Whats the time scale difference? They 2 hours ahead yeah !

Two hours ahead, but according to the Hear7s years behind civilisation. :rolleyes:

[smurf]

:agree: Sorry but the bit in bold is incorrect. I know KW well and he's told me what happened at that very worrying time. That is a grossly unfair and untrue claim, IMHO.

Also forgotten by many that the following summer In 1991 KW was a rival bidder to buy the club. Often forgotten by many that Sir Tom was not the only person in to buy the club.

[Kaiser1962]

Also forgotten by many that the following summer In 1991 KW was a rival bidder to buy the club. Often forgotten by many that Sir Tom was not the only person in to buy the club.


They had from June 1990 till July 1991 to do it.

[weonlywon6-2]

i see foh are saying they wont fill in any financial gap till the end of the season and budge ann is getting fed up,all sou ding a bit curious

down down deeper and down

[Kaiser1962]

i see foh are saying they wont fill in any financial gap till the end of the season and budge ann is getting fed up,all sou ding a bit curious

down down deeper and down

Trying to ramp up the pressure on the Lithuanians. If we recall in December and January Hearts seldom had a full bench claiming they did not have enough players. In the January window one player left and they cancelled another player (coach) registration in the hope of getting two in. They only got one but have managed to fill every bench since they failed to bring Skacel back. Spooky or what.

[21.05.2016]

So 24 hours until end of business week and therefore all things in place (or not) for Monday.......one of he most important moments in HOMFC history......

....and what are the most popular and recent threads on Kickback? Well the top 12 have no mention of Lithuanian events and in fact are dedicated to Boycott ER, Ben Williams, Garry Oconner, new home strip, various stuff.

JayJay (chief spanner) has popped up from hiding to tell everyone that its in the bag, BDO playing a blinder, its all a front etc etc etc. Trumpets. Hope your ****ty little club dies and you have to start again.


Trying to ramp up the pressure on the Lithuanians. If we recall in December and January Hearts seldom had a full bench claiming they did not have enough players. In the January window one player left and they cancelled another player (coach) registration in the hope of getting two in. They only got one but have managed to fill every bench since they failed to bring Skacel back. Spooky or what.

Awck they are chancing *******s, they'll try any trick in the book to pull off a con. That carry on with tryna sign rat face in exchange for letting go the goal keeping coach - hearts as per usual tryna twist the rules.

[Jdawg]

Hearts fans / Scottish media think if liquidation it will take ages to sell Tynie or the land area it's on. Incorrect, liquidator can sell immediately as sold without warranty, indemnity or guarantees etc.

[greenpaper55]

Anyone else think they could be spawny enough to escape tomorrow ?, i hope they get the big L and we win, what a day that would be.

[Seveno]

Don't Raith Rovers realise that it is both legal and compulsory to kick Ian Black up in the air every 5 minutes art ER? It makes for great viewing.

Edit. Sorry this should be on the. Ramsden Cup thread.

[Jack Hackett]

That probably explains why it has become such a pathetic site. The majority of posts seem to be from a small clique, that has made itself look very foolish by their response to a major crisis at the club.

There doesn't seem to be much wit over there these days.

Plenty of half and f wits

[Jdawg]

If it's 'valued' at 1m, that's equivalent to building 10 100k flats.

[Weststandwanab]

Hearts fans / Scottish media think if liquidation it will take ages to sell Tynie or the land area it's on. Incorrect, liquidator can sell immediately as sold without warranty, indemnity or guarantees etc. Indeed BDO can, and may after the last league fixture.


Anyone else think they could be spawny enough to escape tomorrow ?, i hope they get the big L and we win, what a day that would be. Not me.

[Sergey]

If it's 'valued' at 1m, that's equivalent to building 10 100k flats.

BDO can try whatever ruse they want, but the key players in this know that the value of the land is considerably more. In fact, here's what the club said 10 years ago:

http://www.heartsfc.co.uk/articles/20040819/official-statement_2241384_553846

They are also aware that the redevelopment of Tynecastle is not a viable option and the club will have to relocate. This was taken from a City Council document dated 2012:

2.1 The study concludes that the redevelopment of Tynecastle is not a viable option. Consultants recommend that an alternative site for a new stadium should be sought which is entirely sustainable and commercially viable. To achieve this positive economic goal, the report concludes that the new stadium should be multi-purpose. Any development at Tynecastle would have implications for the Council as an adjoining landowner and also because of the impact on Gorgie and Dalry town centre.

2.2 HMFC will now carry out a more detailed study into the viability and deliverability of a community stadium. The Council will provide appropriate officer support to this study as it would with any study of this kind, but will not provide any further financial contribution.

[Keith_M]

Anyone else think they could be spawny enough to escape tomorrow ?, i hope they get the big L and we win, what a day that would be.


They might but, for me, it wouldn't be the end of the world for the CVA to be accepted tomorrow.

[Weststandwanab]

They might but, for me, it wouldn't be the end of the world for the CVA to be accepted tomorrow. It has been "accepted" already subject to the Lith Creditors.

Even if he Lith Creditors say yes - which no doubt would be spun into oblivion and result in Ian -I was an M.P. Murray chuntering all the way to the expenses office - the Lith Courts still have to acquiesce.

i

[madsen5]

They might but, for me, it wouldn't be the end of the world for the CVA to be accepted tomorrow.

Hope they don't but they're so spawny they
might.

[Jack Hackett]

It has been "accepted" already subject to the Lith Creditors.

Even if he Lith Creditors say yes - which no doubt would be spun into oblivion and result in Ian -I was an M.P. Murray chuntering all the way to the expenses office - the Lith Courts still have to acquiesce.

i

:agree:

It will be a case of moving on to the next stage in the interminable waiting game....which has dragged on for almost 10 months now

[Kaiser1962]

BDO can try whatever ruse they want, but the key players in this know that the value of the land is considerably more. In fact, here's what the club said 10 years ago:

http://www.heartsfc.co.uk/articles/20040819/official-statement_2241384_553846

They are also aware that the redevelopment of Tynecastle is not a viable option and the club will have to relocate. This was taken from a City Council document dated 2012:

2.1 The study concludes that the redevelopment of Tynecastle is not a viable option. Consultants recommend that an alternative site for a new stadium should be sought which is entirely sustainable and commercially viable. To achieve this positive economic goal, the report concludes that the new stadium should be multi-purpose. Any development at Tynecastle would have implications for the Council as an adjoining landowner and also because of the impact on Gorgie and Dalry town centre.

2.2 HMFC will now carry out a more detailed study into the viability and deliverability of a community stadium. The Council will provide appropriate officer support to this study as it would with any study of this kind, but will not provide any further financial contribution.

Excellent work once more. :thumbsup:

[Kaiser1962]

It has been "accepted" already subject to the Lith Creditors.

Even if he Lith Creditors say yes - which no doubt would be spun into oblivion and result in Ian -I was an M.P. Murray chuntering all the way to the expenses office - the Lith Courts still have to acquiesce.

i

Which is where BDO came unstuck in their dealings with Snoras (Mikey post #43621). If BDO come to grief again at the same stage they will look pretty poor IMO, which makes me wonder if BJ has an alternative approach planned.

[Jdawg]

BDO can try whatever ruse they want, but the key players in this know that the value of the land is considerably more. In fact, here's what the club said 10 years ago:

http://www.heartsfc.co.uk/articles/20040819/official-statement_2241384_553846

They are also aware that the redevelopment of Tynecastle is not a viable option and the club will have to relocate. This was taken from a City Council document dated 2012:

2.1 The study concludes that the redevelopment of Tynecastle is not a viable option. Consultants recommend that an alternative site for a new stadium should be sought which is entirely sustainable and commercially viable. To achieve this positive economic goal, the report concludes that the new stadium should be multi-purpose. Any development at Tynecastle would have implications for the Council as an adjoining landowner and also because of the impact on Gorgie and Dalry town centre.

2.2 HMFC will now carry out a more detailed study into the viability and deliverability of a community stadium. The Council will provide appropriate officer support to this study as it would with any study of this kind, but will not provide any further financial contribution.

That's for the info

Christ a standard drive-by valuation would easily be far ore than 2.5m never mind 1m.

Edinburgh is one of the only cities where land / property doesn't devalue greatly. Nonody is saying its worth the 20m odds Cala were going to pay but surely it's worth around half that, maybe a few million less?

[Weststandwanab]

Which is where BDO came unstuck in their dealings with Snoras (Mikey post #43621). If BDO come to grief again at the same stage they will look pretty poor IMO, which makes me wonder if BJ has an alternative approach planned. He does, it is Hobson's Choice it is the big L.

[Winston Ingram]

Fat Brian McLauchlin has some news for us...


BBCBMcLauchlin: Latest news on Hearts coming up shortly live on #sportsound from Lithuania. #bbcsportscot

[eggbamyasi]

http://m.gumtree.com/p/for-sale/job-lot-tynecastle-football-stadium-complete-with-first-team-and-entire-coaching-staff/1055648134

Things are getting really desp !!!!! Hehe

Sent from my GT-I9300 using Tapatalk

[matty_f]

Fat Brian McLauchlin has some news for us...

Sad news for Yams as big cousins and newco template blow it at Easter Road...

[cabbageandribs1875]

http://m.gumtree.com/p/for-sale/job-lot-tynecastle-football-stadium-complete-with-first-team-and-entire-coaching-staff/1055648134

Things are getting really desp !!!!! Hehe

Sent from my GT-I9300 using Tapatalk




http://i.ebayimg.com/00/s/MzQ5WDYyMw==/z/AL4AAOxycD9TQG-y/$_86.JPG


:hilarious

[Sanger]

bbc radio reporting Budge will walk away from deal unless creditors agree tomorrow! Negotiating not one if her skills then!

[The_Todd]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

[Onion]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

Let's see who blinks first.

[matty_f]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

That's just brinkmanship, IMHO. They are playing every hand that they have got to try and force the issue and back the Lithuanians into a corner with it.

Would be hugely surprised if that was actually the case. 100% spin, IMHO. Shame on the BBC for passing it off as news.

[SaulGoodman]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

:faf: :faf:

[delbert]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

Wow so both Budge and Fat Sally do walking away in Edinburgh on the same day, Budge from the ****bos and Fat Sally from any semblance of tactical know how or footballing intelligence, just fantastic !

[greenginger]

You tell 'em , Budgie.

and Foulkes will get them kicked out of NATO and leave them to the Russians if the shares are not handed over by Noon !

[Col2]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)


Is it just me is it not telling that FOH, BDO and now Budgie making it clear its over if they don't get positive result tomorrow.

Its either hardball to influence Lithuanians OR its lining up the bad news drip fed to avoid total meltdown and to prove "we did everything" we could..

[Mon Dieu4]

That's just brinkmanship, IMHO. They are playing every hand that they have got to try and force the issue and back the Lithuanians into a corner with it.

Would be hugely surprised if that was actually the case. 100% spin, IMHO. Shame on the BBC for passing it off as news.

Possibly not, FoH, Murray etc probably told her it would be a peace of cake at the start, maybe she has been hoodwinked over the length of time it could take and is getting pissed off

[Wakeyhibee]

The Liths know it's worth at least £2.5m, I think all this bluster will do the opposite, in fact the more they shout the more they give their hand away & they are up against admins fighting for their taxpayers. Where's that fat lady from Saturday at 5pm?

[The_Todd]

That's just brinkmanship, IMHO. They are playing every hand that they have got to try and force the issue and back the Lithuanians into a corner with it.

Would be hugely surprised if that was actually the case. 100% spin, IMHO. Shame on the BBC for passing it off as news.

I suspect you're right, but I also suspect the response from Lithuania will be "Who cares?"

[jdships]

That's just brinkmanship, IMHO. They are playing every hand that they have got to try and force the issue and back the Lithuanians into a corner with it.

Would be hugely surprised if that was actually the case. 100% spin, IMHO. Shame on the BBC for passing it off as news.

Good post
Just been watching the Cup Final with my accountant friend and he reckons Mrs B possibly knows something we don't know re tomorrow and is just spinning .
Whichever way it goes it's not going to be an easy five years for the Jambos's :greengrin

[matty_f]

I suspect you're right, but I also suspect the response from Lithuania will be "Who cares?"

Here's hoping. The Yams haven't got a plan b in this, they're trying to back he Lith's into a corner and make them think that the CVA is the only way they'll recover any money. They're going all-in for the take-it-or-leave-it knowing they've nothing to lose.

They don't have a bargaining position, they have what they have and that's it. If it's not enough they're screwed so I think the only option they have is to be bullish and almost act as though they can't believe why anyone would find the deal unacceptable.


We'll see in a few hours time just how effective that approach is, but IMHO we've been seeing clear moves to this effect since the meeting was postponed last week. This is the end game one way or another, there is no play left to make for the Yams.

[Pete]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless pooagreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

It sounds like they're trying to bully the Lithuanians. A very child-like "take it or leave it".

The disgusting arrogance continues. I've never really cared what happens to them before but I really hope this backfires. It deserves to.

[Jim44]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash)

McLauchlin must have read the Daily Record this morning ......... keep up Brian!

[The_Todd]

Here's hoping. The Yams haven't got a plan b in this, they're trying to back he Lith's into a corner and make them think that the CVA is the only way they'll recover any money. They're going all-in for the take-it-or-leave-it knowing they've nothing to lose.

They don't have a bargaining position, they have what they have and that's it. If it's not enough they're screwed so I think the only option they have is to be bullish and almost act as though they can't believe why anyone would find the deal unacceptable.


We'll see in a few hours time just how effective that approach is, but IMHO we've been seeing clear moves to this effect since the meeting was postponed last week. This is the end game one way or another, there is no play left to make for the Yams.

You're right, though I do think it's so transparent there's no way that those in Lithuania can't see it.

[the_ginger_hibee]

This is posturing...don't think it gives any indication as to how events will unfold tomorrow. In fact it probably shows FoH/BDO know as much as the rest of us right now.

[s.a.m]

Jamie Borthwick ‏@jamiekborthwick 15m (https://twitter.com/jamiekborthwick/status/452867434601803776) Early start for the HMFC shares meetings in Lithuania tomorrow. UBIG creditors to convene 9am local time (7am in UK).

[Weststandwanab]

BBCBMcLauchlin ‏@BBCBMcLauchlin (https://twitter.com/BBCBMcLauchlin) 37s (https://twitter.com/BBCBMcLauchlin/status/452867705486725120) Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot (https://twitter.com/search?q=%23bbcsportscot&src=hash) Last throw of the dice


Let's see who blinks first. Not Liths


The Liths know it's worth at least £2.5m, I think all this bluster will do the opposite, in fact the more they shout the more they give their hand away & they are up against admins fighting for their taxpayers. Where's that fat lady from Saturday at 5pm?At least that


I suspect you're right, but I also suspect the response from Lithuania will be "Who cares?"Or just who

[matty_f]

You're right, though I do think it's so transparent there's no way that those in Lithuania can't see it.

It's a risk for the Lithuanians though, they'd probably quite like to take their time to assess the whole picture, check the stadium valuation etc, so their inclination to stall would probably lead to another delay.

However, with the Yams forcing the issue from all directions, it means that if they do take their time and Budge et al walk away and they end up with less than the CVA offer, then they open themselves up to criticism for it.

It's unlikely that if the CVA gets agreed that anyone's going to go looking on the back of it so we're unlikely to ever know if they would get more by liquidating.

[Jim44]

McLauchlin must have read the Daily Record this morning ......... keep up Brian!

Cancel that. It was the Sunday Sun.

[matty_f]

Jamie Borthwick ‏@jamiekborthwick 15m (https://twitter.com/jamiekborthwick/status/452867434601803776) Early start for the HMFC shares meetings in Lithuania tomorrow. UBIG creditors to convene 9am local time (7am in UK).

Postponed before breakfast! Brilliant! :greengrin

[Ronniekirk]

bbc radio reporting Budge will walk away from deal unless creditors agree tomorrow! Negotiating not one if her skills then!
There will have been negotiations behind the scenes that haven't worked ,so she is now hoping that they won't have stomach to drag this out further .What she is forgetting is they have already dragged it out longer than needed if they were happy with Memorandum of understanding ,so she is now playing hard ball .Really interested to see how this goes now as if she has blinked first and has no intention of putting more money on the table then is she really going to wAlk away after setting herself up as their saviour Beware a scorned woman you Lith Bankers .Big Budgie is out to get you :wink:

[Winston Ingram]

Good lass


BBCBMcLauchlin: Ann Budge has intimated she is ready to walk away from deal to take over Hearts unless agreement is reached on Monday.#bbcsportscot

[Famous Fiver]

Poor old Ann is going to have to walk away because there will be no deal done tomorrow.

TICK TOCK

[the_ginger_hibee]

Less than 12 hours to go. Does anyone have the up-to-date biscuit list for tomorrow? (Non Allan Preston Content)

[jdships]

Here's hoping. The Yams haven't got a plan b in this, they're trying to back he Lith's into a corner and make them think that the CVA is the only way they'll recover any money. They're going all-in for the take-it-or-leave-it knowing they've nothing to lose.

They don't have a bargaining position, they have what they have and that's it. If it's not enough they're screwed so I think the only option they have is to be bullish and almost act as though they can't believe why anyone would find the deal unacceptable.


We'll see in a few hours time just how effective that approach is, but IMHO we've been seeing clear moves to this effect since the meeting was postponed last week. This is the end game one way or another, there is no play left to make for the Yams.



:thumbsup::agree:

[Ronniekirk]

Postponed before breakfast! Brilliant! :greengrin
Think will get up early and go for eggs Benedict in my favourite Italian cafe and see if any news before heading into work .Leave work early and head to Easter Road .Has the makings of a very good day :wink:

[21.05.2016]

bbc radio reporting Budge will walk away from deal unless creditors agree tomorrow! Negotiating not one if her skills then!

Can't help but feel thats just a bit of blackmail

[nribs]

Can't help but feel thats just a bit of blackmail
That's my take on it as well.

[matty_f]

There will have been negotiations behind the scenes that haven't worked ,so she is now hoping that they won't have stomach to drag this out further .What she is forgetting is they have already dragged it out longer than needed if they were happy with Memorandum of understanding ,so she is now playing hard ball .Really interested to see how this goes now as if she has blinked first and has no intention of putting more money on the table then is she really going to wAlk away after setting herself up as their saviour Beware a scorned woman you Lith Bankers .Big Budgie is out to get you :wink:

I think that's fairly evident - if they were confident of a result or even a decision, there'd have been no need for the PR onslaught that we've witnessed since the last meeting was delayed.

[green day]

Suspect it will get passed.

Usual " is it bad news, is it good news" PR spin nonsense with the jambos.

Regardless if its passed it doesn't mean it is all milk and honey - despite what JKB would have you believe.

[Sanger]

This is posturing...don't think it gives any indication as to how events will unfold tomorrow. In fact it probably shows FoH/BDO know as much as the rest of us right now.

Why would issue a threat like this if creditors were going to accept deal. Only do it if you thought there would be no outcome either way tomorrow.

[matty_f]

Why would issue a threat like this if creditors were going to accept deal. Only do it if you thought there would be no outcome either way tomorrow.

:agree: All signs point to bad news for the Yams. If it goes their way then it's not because they expected it to, it's because they've worked the ticket very well this week.

It could blow up in their faces, but I'm certain that if they were comfortable of a positive outcome then we'd have heard none of the rhetoric that we've heard this week from so many sources.

[Aldo]

PR spin yet again from the, putting pressure (or trying to) on the Lith''s to just roll over and take the deal. Also fat Salmon has said to them they better so they will be crapping themselves.

Not!!!


For all the arrogant 1-5 brigade I really do hope it's a big NO.


12381

[Sergey]

Why would issue a threat like this if creditors were going to accept deal. Only do it if you thought there would no outcome either way tomorrow.

You've posted some utter tosh on this site, but for once, I actually agree with one of your posts.

Please remember where the info came from - Brian McLaughlin - hardly the most credible of sources in this sorry saga.

[Weststandwanab]

Can't help but feel thats just a bit of blackmail Unlikely that is illegal.


Why would issue a threat like this if creditors were going to accept deal. Only do it if you thought there would be no outcome either way tomorrow. It is not threat just a statement.


You've posted some utter tosh on this site, but for once, I actually agree with one of your posts.

Please remember where the info came from - Brian McLaughlin - hardly the most credible of sources in this sorry saga. I agree but even they must know the game is up.

[jonty]

Budge knows that they know she's more cash.
Budge finds herself in a position with a club and supporters that she doesn't really want.
Budge shuffles her feet, squares up and gives an ultimatum which allows her to walk away with some degree of respect.

Slow news day :greengrin

[nribs]

Would Jackson and that othe gadgie go to Lithuania just to be told to bolt?? Have they gone to Lithuania for any other meetings together??

[matty_f]

Would Jackson and that othe gadgie go to Lithuania just to be told to bolt?? Have they gone to Lithuania for any other meetings together??

Sure he's been and has been given short shrift already,IIRC. If it was straightforward and they were expecting the positive outcome, there's no need for him to be there at all.

[the_ginger_hibee]

Would Jackson and that othe gadgie go to Lithuania just to be told to bolt?? Have they gone to Lithuania for any other meetings together??

They will be over there because the Liths didn't tell them a thing after the last meeting...well not until 4 days later. If they are over there they can get the result sharpish then beg and plead when the big 'No' gets delivered...before coming back over here to do the big 'L'.

[Weststandwanab]

Budge knows that they know she's more cash.
Budge finds herself in a position with a club and supporters that she doesn't really want.
Budge shuffles her feet, squares up and gives an ultimatum which allows her to walk away with some degree of respect.

Slow news day :greengrin With the utmost respect in my eyes, Goan The Budgie

[The Falcon]

Yams saying that Salmond is Lithuania. Anyone know?

[Mikey]

With the utmost respect in my eyes, Goan The Budgie

If she walks away hibs.net will sponsor her for season 2014/15 :agree:

[trev the hat]

Yams saying that Salmond is Lithuania. Anyone know?

Last I heard he was across the pond for Scotland week at our expense

[Billy Whizz]

Yams saying that Salmond is Lithuania. Anyone know?

He was in New York yesterday for the start of Tartan week

[The_Todd]

Yams saying that Salmond is Lithuania. Anyone know?

Salmond, whatever you think of him, is a shrewd operator. He won't be touching the Hearts situation with a barge pole.

[21.05.2016]

Salmond, whatever you think of him, is a shrewd operator. He won't be touching the Hearts situation with a barge pole.

If he had any common sense whatsoever, he will be giving the hearts situation a wide berth, especially since this year is all about trying to rally as many supporters as possible in the run up to the referendum in September. Getting involved in such a mess may turn people off.

[Ronniekirk]

Yams saying that Salmond is Lithuania. Anyone know?
That's why they are deluded ,they think it's all about them and that others of thier persuasion should be trying to fix it for them .its about time that this sorry saga is brought to its rightfull conclusion so others stop feeling sorry for them .They can then get on with picking up the pieces knowing we will always be there to remind them .:wink:

[hibadelic]

Tell us more.

A guy down the pub mentioned there were holes in the accounts because someone on the staff had been syphoning off cash. I can't back up the story other than to say the guy down the pub is not a football fan and definitely has a connection with BH.

[Waxy]

Yams saying that Salmond is Lithuania. Anyone know?
He isn't Lithuania

[21.05.2016]

Like most hibees, i'm praying that that manky disgusting wee turd coloured club get the worst possible outcome tomorrow. I just have this horrible horrible feeling that the *******s are gonna weasel their way out of it - they are called jam tarts for a reason, they are the jammiest ****ers ever.


Come on Liths, please please please do us all a favour and just kill off that **** :pray::pray:

[Sergey]

Yams saying that Salmond is Lithuania. Anyone know?

Another welt scribed:


Tazio, on 06 April 2014 - 07:10 PM, said:
He is back from New York.

My source is impeccable.

Those cretins deserve everything that's heading their way.

He's seemingly in New York and is opening some event in the morning.

[the_ginger_hibee]

Like most hibees, i'm praying that that manky disgusting wee turd coloured club get the worst possible outcome tomorrow. I just have this horrible horrible feeling that the *******s are gonna weasel their way out of it - they are called jam tarts for a reason, they are the jammiest ****ers ever.


Come on Liths, please please please do us all a favour and just kill off that **** :pray::pray:

A positive result tomorrow is not the end mate...its only the end if it's a no.

There's still plenty to go if it's not curtains tomorrow :greengrin

[Pete]

Like most hibees, i'm praying that that manky disgusting wee turd coloured club get the worst possible outcome tomorrow. I just have this horrible horrible feeling that the *******s are gonna weasel their way out of it - they are c'alled jam tarts for a reason, they are the jammiest ****ers ever.


Come on Liths, please please please do us all a favour and just kill off that **** :pray::pray:

Either way it doesn't really effect us. Hearts (R) fans are hurting enough just now and their plight has been highly amusing.

It's kind of exciting knowing that it's all going to come to a head tomorrow. I feel like a neutral watching a penalty shoot out.

[Weststandwanab]

Yams saying that Salmond is Lithuania. Anyone know? He is not - cannot say anymore


If she walks away hibs.net will sponsor her for season 2014/15 :agree: Great idea


Last I heard he was across the pond for Scotland week at our expenseHe is but at our investment


He was in New York yesterday for the start of Tartan weekHe was not the only one.


Salmond, whatever you think of him, is a shrewd operator. He won't be touching the Hearts situation with a barge pole.Talking of shrewd operator

http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&sqi=2&ved=0CC8QyCkwAA&url=http%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3D4TY v2PhG89A%26feature%3Dkp&ei=ZqtBU8PnC4ajhgfw6IFA&usg=AFQjCNFfJy_q21yozPHdPzEQ6BRpk8DsuA&bvm=bv.64125504,d.bGQ


A guy down the pub mentioned there were holes in the accounts because someone on the staff had been syphoning off cash. I can't back up the story other than to say the guy down the pub is not a football fan and definitely has a connection with BH. Jambos - holes in accounts -= is that any real surprise = are you watching in Lithland

[DaveF]

He's seemingly in New York and is opening some event in the morning.

"Tazio, on 06 April 2014 - 07:10 PM, said:
He is back from New York. My source is impeccable."

Someone better tell his impeccable source to change Salmond's diary then :rolleyes:

http://www.gcu.ac.uk/newsevents/news/article.php?id=74004

[the_ginger_hibee]

"Tazio, on 06 April 2014 - 07:10 PM, said:
He is back from New York. My source is impeccable."

Someone better tell his impeccable source to change Salmond's diary then :rolleyes:

http://www.gcu.ac.uk/newsevents/news/article.php?id=74004

:greengrin

'Impeccable' work mate :thumbsup:

[Phil D. Rolls]

He was in New York yesterday for the start of Tartan week


Last I heard he was across the pond for Scotland week at our expense

If he was over there trying to promote Scottish industry, I'd get it, but a Rod Stewart tribute show.....that's a bit rich. We pay his wages etc.

[Mikey]

Final reminder ahead of tomorrow morning!!.......



Just a wee reminder folks that if they do get the news they're looking for tomorrow then they'll still be nowhere near "getting away with it". Time and money are still their biggest enemies and they'll have to sit through a cooling off period and then wait for the court hearing.

And it was the court hearing that did for Portsmouth............


A court date was set and pushed back several times from the end of last year to a hearing finally taking place this month*.

* That was around a 5 month wait for the court hearing


http://www.accountancyage.com/aa/news/2262996/bdo-administrators-confirm-sale-of-portsmouth-fc

[Weststandwanab]

If he was over there trying to promote Scottish industry, I'd get it, but a Rod Stewart tribute show.....that's a bit rich. We pay his wages etc. What some people call wages we call investment.

[madsen5]

What some people call wages we call investment.
Well said .

[Jack Hackett]

"Tazio, on 06 April 2014 - 07:10 PM, said:
He is back from New York. My source is impeccable."

Someone better tell his impeccable source to change Salmond's diary then :rolleyes:

http://www.gcu.ac.uk/newsevents/news/article.php?id=74004


Dear Tazio. It would appear that your source is as impeccable as your grubby little club. FUD!

[trev the hat]

What some people call wages we call investment.

What some people call investment is a matter of opinion :aok:

[brog]

"Tazio, on 06 April 2014 - 07:10 PM, said:
He is back from New York. My source is impeccable."

Someone better tell his impeccable source to change Salmond's diary then :rolleyes:

http://www.gcu.ac.uk/newsevents/news/article.php?id=74004

There really is no limit to the Yam stupidity!! I mean, its not like the First Minister's whereabouts are ever reported, awesome!

[hibbypostie]

https://www.youtube.com/watch?v=ntLsElbW9Xo http://www.hibs.net/images/smilies/thumbs%20up.gif

[Wakeyhibee]

Ok say it goes pear shaped tomorrow, do BDO go down the big L route straight away? they only have money til end of April seemingly and therefore I doubt can fulfill their fixtures if they do this without more money raised. Which supporter is gonna throw more money at a doomed club? Maybe I've missed something but has Ms Budge really stuck them out there (and BDO for that matter) with a chance of losing their SPFL share? Lots of questions I know who can enlighten me? (another)

[Wotherspiniesta]

God FFS hurry up and just end them already.

Sick to the back teeth of hearing this creepy hearts love in from the BBC week in, week out of how hard done by they are. How hard a time the fans are having, what a sterling job Gary Locke is doing. Sick of hearing week in, week out, Gary Locke going on about how he's doing this job with two hands behind his back and now he's saying he wants to get Hearts back where they deserve to be, at the top end of the SPFL

**** right off to the lot of you.

Hearts deserve to have this happen to them for their years of overspending. Their years of gross mismanagement, ripping off the council, charities, other businesses. The fans deserve to see their club liquidated for standing idly by as this mentalist came in from Russia promising them World Cup Stars. They all bought into it, and they all deserve to see their club die.

Hurry up and just kill the *******s, because I can't stand anymore of the sychophantic pish from anyone with a wee soft spot for that horrible club.