Share Transfers Agreed/Cooling off period

[SteveHFC]

FEARS were growing last night that Hearts are set to plunge into administration. The Jambos owe Vladimir Romanov’s crippled Ukio Bankas and its parent company UBIG £25MILLION.
SunSport understands a Glasgow-based auditing firm is on standby to act if the worst nightmare of Tynecastle staff and fans is realised — possibly even as soon as the next week.
And that scenario would hand current SPL bottom side Dundee a potential reprieve from relegation.
Second bottom St Mirren, still chasing the win to secure their top-flight status, would also be cheered.
Hearts, presently 10th and 11 points clear of John Brown’s men, would be hit with a 17-point deduction going into the last fortnight of the season.
Depending on this weekend’s results it could instantly relegate Gary Locke’s side.
It is believed that the February crash of Ukio Bankas — owed £15m by the Scottish Cup holders — immediately left Hearts in a precarious position.
Supremo Romanov and right-hand man Sergejus Fedotovas, also a Jambos director, quit the board of Kaunas-based parent company and effective club owners UBIG soon after.
Hearts — who late last year rushed out a share issue to raise £1m-plus to cover an HMRC bill plus running costs which threatened to kill them off — are also in debt to UBIG to the tune of £10m.
UBIG have a 79 per cent stakeholding in Hearts, who are desperate to stave off any possible administration until at least June 1 when it’s understood their ‘golden’ SPL share would be formally confirmed again for 2013-14.
In that event they would not be relegated but would start the new season with a minimum minus 12 points.
Last night a Tynecastle source insisted: “As far as we’re concerned it’s business as usual.”


Read more: http://www.thesun.co.uk/scotsol/homepage/sport/spl/4908386/25m-debt-has-Hearts-on-the-brink.html#ixzz2RtlVcS1I

[The Green Goblin]

Isn't it 18 points? Not 17...

[silverhibee]

:partyhibb


:lolyam:

[The Green Goblin]

Isn't it 18 points? Not 17...

But hey....who's counting? :greengrin

[Saorsa]

FEARS were growing last night that Hearts are set to plunge into administration.

The Jambos owe Vladimir Romanov’s crippled Ukio Bankas and its parent company UBIG £25MILLION.
SunSport understands a Glasgow-based auditing firm is on standby to act if the worst nightmare of Tynecastle staff and fans is realised — possibly even as soon as the next week.
And that scenario would hand current SPL bottom side Dundee a potential reprieve from relegation.
Second bottom St Mirren, still chasing the win to secure their top-flight status, would also be cheered.
Hearts, presently 10th and 11 points clear of John Brown’s men, would be hit with a 17-point deduction going into the last fortnight of the season.
Depending on this weekend’s results it could instantly relegate Gary Locke’s side.
It is believed that the February crash of Ukio Bankas — owed £15m by the Scottish Cup holders — immediately left Hearts in a precarious position.
Supremo Romanov and right-hand man Sergejus Fedotovas, also a Jambos director, quit the board of Kaunas-based parent company and effective club owners UBIG soon after.
Hearts — who late last year rushed out a share issue to raise £1m-plus to cover an HMRC bill plus running costs which threatened to kill them off — are also in debt to UBIG to the tune of £10m.
UBIG have a 79 per cent stakeholding in Hearts, who are desperate to stave off any possible administration until at least June 1 when it’s understood their ‘golden’ SPL share would be formally confirmed again for 2013-14.
In that event they would not be relegated but would start the new season with a minimum minus 12 points.
Last night a Tynecastle source insisted: “As far as we’re concerned it’s business as usual.”


Read more: http://www.thesun.co.uk/scotsol/homepage/sport/spl/4908386/25m-debt-has-Hearts-on-the-brink.html#ixzz2RtlVcS1I



I thought it was 18, every point counts :greengrin

[PatHead]

The Sun obviously read Hibs.net

[Mon Dieu4]

i hope its true but that article is just a fleshed out version of what's on here, fingers crossed

[Glesgahibby]

Here we go !!! :aok:
:greengrin:greengrin:greengrin:greengrin:greengrin :greengrin:greengrin:greengrin

[SteveHFC]

Is it okay admins if i post a few Daffy Duck gifs? :greengrin

[Saorsa]

http://i19.photobucket.com/albums/b168/jamie1971/doomed.jpg (http://s19.photobucket.com/user/jamie1971/media/doomed.jpg.html)



http://i19.photobucket.com/albums/b168/jamie1971/smilies%202/banjoyam_zps6d6ab127.gif (http://s19.photobucket.com/user/jamie1971/media/smilies%202/banjoyam_zps6d6ab127.gif.html)http://i19.photobucket.com/albums/b168/jamie1971/smilies%202/banjoyam_zps6d6ab127.gif (http://s19.photobucket.com/user/jamie1971/media/smilies%202/banjoyam_zps6d6ab127.gif.html)http://i19.photobucket.com/albums/b168/jamie1971/smilies%202/banjoyam_zps6d6ab127.gif (http://s19.photobucket.com/user/jamie1971/media/smilies%202/banjoyam_zps6d6ab127.gif.html)http://i19.photobucket.com/albums/b168/jamie1971/smilies%202/banjoyam_zps6d6ab127.gif (http://s19.photobucket.com/user/jamie1971/media/smilies%202/banjoyam_zps6d6ab127.gif.html)

[matty_f]

#allisnotbarry

Depends on your point of view!! :thumbsup:

[FranckSuzy]

:fenlon :hahaha: :pray: :cheers: :partyhibb :rotflmao: :woohoo: :smokin :brokenyam: :titanic:

[SteveHFC]

http://www.celticminded.com/forums/images/smilies/frozen.gif:thumbsup:

[matty_f]

http://www.celticminded.com/forums/images/smilies/frozen.gif:thumbsup:



:faf:

Nowt sums up the nonsense at the PBS better than a dancing zebra. :not worth

[SteveHFC]

http://www.hmfckickback.co.uk/public/style_images/JKB_2010/snapback.png (http://www.hmfckickback.co.uk/index.php?app=forums&module=forums&section=findpost&pid=3562218)McGlynn Style Advisor, on 29 April 2013 - 11:34 PM, said:
Seems to be a strong rumour.

I did say when we were ******* about with McGlynn we had to get much more points because relegation was still possible.


http://itspronouncedlajaway.com/wp-content/uploads/2013/04/dr-who-rain.gif

[shezer]

http://www.celticminded.com/forums/images/smilies/frozen.gif:thumbsup:
That's class.Pure class.......This is the thread that keeps on giving :thumbsup:

[SteveHFC]

Scotland needs a Strong Hearts

[PatHead]

Is Santa really coming tomorrow? How am I meant to sleep tonight?

[monktonharp]

http://www.celticminded.com/forums/images/smilies/frozen.gif:thumbsup:that's the one Steve.! that's the one . keep on dancin':thumbsup:

[cam75]

Is Santa really coming tomorrow? How am I meant to sleep tonight?

I'm sure I heard sleigh bells ringing tonight :-)

[Hibercelona]

http://www.celticminded.com/forums/images/smilies/frozen.gif:thumbsup:

I love you man! :faf:

[PerfectlyFranck]

The story in the Sun looks as reliable as Graeme Smith in goal.
If it does miraculously happen in the next 2/3 years, it will come with reports that it was due to Rangers' demise.
It will also come with a statement of foulplay and mafia-assassin-gangsters stealing money and laundering it for evil kingpins. :wink:

[#FromTheCapital]

Lets look at this rationally please before we crack open the champagne. So far all we have us a rumour started by a random Dundee fan on twitter and a story by the sun newspaper which has no quotes and looks like it could of taken all it's information from this thread. As usual they have at least one fact wrong as it would be an 18 point deduction. Think il just sit tight until something a bit more concrete comes to light.
I do think they will go into admin but for it to have the desired effect it really needs to happen in the next 2-3 weeks which I'm not so sure about.

[s.a.m]

Lets look at this rationally please before we crack open the champagne. So far all we have us a rumour started by a random Dundee fan on twitter and a story by the sun newspaper which has no quotes and looks like it could of taken all it's information from this thread. As usual they have at least one fact wrong as it would be an 18 point deduction. Think il just sit tight until something a bit more concrete comes to light.
I do think they will go into admin but for it to have the desired effect it really needs to happen in the next 2-3 weeks which I'm not so sure about.

Howehhhhhhhhhhhver......at the very least, all this chat can't be making their creditors any more confident.
Hopefully :aok:


Edit: I'm liking your David Tennent work, Steve!

[bingo70]

Lets look at this rationally please before we crack open the champagne. So far all we have us a rumour started by a random Dundee fan on twitter and a story by the sun newspaper which has no quotes and looks like it could of taken all it's information from this thread. As usual they have at least one fact wrong as it would be an 18 point deduction. Think il just sit tight until something a bit more concrete comes to light.
I do think they will go into admin but for it to have the desired effect it really needs to happen in the next 2-3 weeks which I'm not so sure about.

Nah, **** it I'm going to get excited. (You're probably right but the day I don't enjoy a story like this about hearts is the day I give up!)

[Hibby Kay-Yay]

This thread has been nothing but a tease, flirting with a promise of the grand prize. When that day arrives there will be a lot of laundry done, that's for sure.

[s.a.m]

Evening News‏@edinburghpaper4m (http://www.hibs.net/edinburghpaper/status/329134517325549568)Hearts in battle for survival. The latest from Tynecastle on http://edinburghnews.com (http://t.co/7GC1GL4LOC) shortly

[3pm]

...according to the Evening News twitter feed a few moments ago.

Good luck Hearts but ultimately get it right ****in up you.

Edit - read that back. Don't wish any luck but the rest of the sentence applies.

[Saorsa]

...according to the Evening News twitter feed a few moments ago.

Good luck Hearts but ultimately get it right ****in up you.**** h****s

[Lucius Apuleius]

**** the ****** ********

[Kaiser1962]

We are all assuming because of the LC Final and reports of 5k ST's already sold that they should have funds to see them safely through the season and that is a reasonable assumption to make.

However.....we have no idea what they are doing with any money they take in. UBIG's trading has been severly limited by actions in Lith and it is not unfeasible that the money raised by HMFC is actually being used to fund UBIG at this time. UBIG are entitled to do so as Hearts are certainly owe UBIG plenty.

We have not seen any actuals produced since June 2011 and the last few sets of accounts have stated that the Yams were entirely dependant on UBIG support, which has been withdrawn. HMFC also brought in £1m from a share issue which has not yet been registered getting on for five months after the share issue closed. No one who made the purchase in good faith has recieved what they paid for, to date at least.

A lot of assumptions I know but in the absence of facts I do not think any of the above is unrealistic, and I beleive that this is ceratinly more probable that the #allisbarry nonsense spouted by "the succulent yam"

I do not know if admin looms or not but there is no doubt they are not in a good position.

Keep this gifs handy Steve :greengrin

[3pm]

**** h****s

Yep. Sorry about that DD.

[Lucius Apuleius]

We are all assuming because of the LC Final and reports of 5k ST's already sold that they should have funds to see them safely through the season and that is a reasonable assumption to make.

However.....we have no idea what they are doing with any monet they take in. UBIG's trading has been severly limited by actions in Lith and it is not unfeasible that the money raised by HMFC is actually being used to fund UBIG at this time. UBIG are entitled to do so as Hearts are certainly owe UBIG plenty.

We have not seen any actuals produced since June 2011 and the last few sets of accounts have stated that the Yams were entirely dependant on UBIG support, which has been withdrawn. HMFC also brought in £1m from a share issue which has not yet been registered getting on for five months after the share issue closed. No one who made the purchase in good faith has recieved what they paid for.

A lot of assumptions I know but in the absence of facts I do not think any of the above is unrealistic, and I beleive taht this is ceratinly wore probable that the #allisbarry nonsemse spouted by "the succulent yam"

I do not know if admin looms or not but there is no doubt they are not in a good position.

Keep this gifs handy Steve :greengrin

Pitty that animal Black is not still with them. He appreciated a nice painting job I believe. :wink:

[Newry Hibs]

FEARS were growing last night that Hearts are set to plunge into administration.

.....
UBIG have a 79 per cent stakeholding in Hearts, who are desperate to stave off any possible administration until at least June 1 when it’s understood their ‘golden’ SPL share would be formally confirmed again for 2013-14.
......

That's interesting, that the season ends on June 1st and not May 18th at 4:45pm. So they could be 16 points clear on May18th, but still go into admin and relegated.

[s.a.m]

Incidentally, does anyone else notice that the jambo-minded journalists' tone has changed, or is that just wishful thinking colouring my judgement?

[Row H]

http://www.celticminded.com/forums/images/smilies/frozen.gif:thumbsup:



:faf::faf:

[21.05.2016]

Evening News Sport ‏@edinburghsport 9m
#HMFC Hearts in battle for survival. The latest from Tynecastle on http://edinburghnews.com shortly



And in typical yam fasion, one of the pink mutants replied with "5-1 haha". Aye hide behind your 5-1 all you want but 5-1 can't save you now ya clown :bye::fenlon:faf::jamboclow:ostrich:

[Treadstone]

Only been checking on my phone but it looks as though #allisbarry has deleted his Yams admin tweets from yesterday , anyone confirm ?

[green glory]

Incidentally, does anyone else notice that the jambo-minded journalists' tone has changed, or is that just wishful thinking colouring my judgement?

He's no journalist, he hadn't heard anything until someone from here told him on Twitter. I've been asking him repeatedly when the EEN will cover the fact that the shares haven't been registered. He won't reply to that one.

IMO withholding information Sevco style. If it's bad news don't report it.

[JeMeSouviens]

If it happens tomorrow it would be Yaministration on 1/5. If only somebody could think of some kind of hand gesture to go with that ...

[greenginger]

http://www.scotsman.com/sport/football/spl/hearts-fans-chief-confident-over-offer-to-buy-club-1-2913567


The Hootsman still going with the Allisbarry line this morning and judging by the comments the believers still believe.

Out of interest what happens to a believer when reality slaps them in the face ? :confused:

[littleplum]

Only been checking on my phone but it looks as though #allisbarry has deleted his Yams admin tweets from yesterday , anyone confirm ?

:agree: looks like it

[Saorsa]

Yep. Sorry about that DD.:thumbsup:


GIRFU the banjo playin' http://i19.photobucket.com/albums/b168/jamie1971/smilies%202/banjoyam_zps6d6ab127.gif (http://s19.photobucket.com/user/jamie1971/media/smilies%202/banjoyam_zps6d6ab127.gif.html) six toed, inbred, windae lickin' ****in' mutants.

[Sanger]

Evening News reports this as "temporary" whn the Lithuanian central bank is going to make them bankrupt on Thursday! That is why all these administration rumours are coming out.

[green glory]

The Succulent Yam just tweeted a link to this.


http://m.scotsman.com/sport/football/spl/hearts-deny-administration-reports-1-2913863?utm_medium=twitter&utm_source=twitterfeed

[Saorsa]

The Succulent Yam just tweeted a link to this.


http://m.scotsman.com/sport/football/spl/hearts-deny-administration-reports-1-2913863?utm_medium=twitter&utm_source=twitterfeedThey tell him, he prints it. :agree:


B Anderson, journalist :faf:

[CropleyWasGod]

The Succulent Yam just tweeted a link to this.


http://m.scotsman.com/sport/football/spl/hearts-deny-administration-reports-1-2913863?utm_medium=twitter&utm_source=twitterfeed

That's a rehash of the Sun story, repeating the 17 points nonsense.

I'm also curious how the Sun got hold of the "£15m due to UKIO Bankas." They can't be reading Hibs.net properly.

[green glory]

They tell him, he prints it. :agree:

B Anderson, journalist :faf:

Might take up the profession myself. Only requires switching a tape recorder on and transcribing the contents.

[s.a.m]

Below is th article linked above. Is Barry not missing the point? (Although, equally, I might be....) Surely the immediate risk is not a potential £15 million debt recall by UBIG, but UBIG themselves being placed in administration?



By BARRY ANDERSON
Published on 30/04/2013 08:36
HEARTS today responded to reports of imminent administration at Tynecastle by claiming their finances are under control.
Club officials did not deny administration is a possibility amid suggestions that Ukio Bankas administrators in Lithuania are about to call in up to £15million of debt. However, Hearts expect finance agreements with Ukio Bankas Investment Group (UBIG) and Ukio Bankas to continue.
The Edinburgh club are in debt to the tune of around £25million, £15m of which is owed to Ukio Bankas, the Lithuanian bank which is itself in temporary administration. All debt had been held by UBIG until late last year when £15m was transferred to Ukio Bankas.
Vladimir Romanov, the club’s majority shareholder, claims to be bankrupt and has been powerless to stop Lithuanian authorities shutting down his bank and splitting up its assets. The future of Hearts is at stake as any major recall of debt would force the Edinburgh club into administration, with the knock-on effects including a points deduction and possible relegation from the Scottish Premier League.
A Hearts spokesperson said today: “We are aware of rumours that surface every few months but the club has a firm
agreement in place with both UBIG and Ukio Bankas regarding debt arrangement.
“The club’s debt has reduced in recent years as it continues on its path to self-sustainability. Operationally, the club is working well and we expect to see more progress during the summer months as the squad is refreshed. It remains very much business as usual.”
Hearts confirmed that all players are currently fully paid to date, with suppliers and bills also being paid on time. UBIG had been helping to fund the club until January 2012, however, since then Tynecastle officials have been forced to work purely on whatever income the club generates by itself.
They will fight to avoid being placed in administration but the situation will be taken out of their hands if Ukio Bankas administrators recall the £15m.
That would trigger an automatic deduction of 17 points as per SPL rules regarding insolvency at clubs, which could be enough to relegate Hearts depending on results between now and the end of the season.
Were they to suffer administration after June 1 – the date that the new season officially starts – Hearts would remain in the SPL, although they could be deducted 12 points for the new campaign starting as a
percentage of their total from this season.

[JeMeSouviens]

The Succulent Yam just tweeted a link to this.


http://m.scotsman.com/sport/football/spl/hearts-deny-administration-reports-1-2913863?utm_medium=twitter&utm_source=twitterfeed

Sometimes it's difficult to know where to start with his utter and total incompetence but ...

Bazza, if you're looking in:

1. It was the security that transferred, not the debt, and it wasn't a security for £15M.
2. Penalty this season is 18 not 17.
3. Penalty next season would be 14 (assuming no more HMFC points) not 12.
4. UKIO bank bankruptcy hearing is tomorrow, not worth a mention? You didn't know, did you ...


“The club’s debt has reduced in recent years as it continues on its path to self-sustainability. Operationally, the club is working well and we expect to see more progress during the summer months as the squad is refreshed. It remains very much business as usual.”

No tanks in Baghdad! :rolleyes:

[greenginger]

A little while back the Lith admin. was quoted as saying the debt agreement with Ukio Bankas was in place until May / June, can't quite remember, and that the supporters have some time to get organised and save their Club.

Anyone remember the actual date ?

[Treadstone]

That's a rehash of the Sun story, repeating the 17 points nonsense.

I'm also curious how the Sun got hold of the "£15m due to UKIO Bankas." They can't be reading Hibs.net properly.

Already tweeted him to say that if he is going to rip a story to get the deduction correct.

[Green Blood]

http://i599.photobucket.com/albums/tt80/russkay/images-4.jpg (http://s599.photobucket.com/user/russkay/media/images-4.jpg.html)

[Green Blood]

http://www.scotsman.com/edinburgh-evening-news/football/hearts/hearts-say-finances-in-hand-despite-admin-reports-1-2913863

Tick Tock, clock never stops!!!

[Mikey]

Only been checking on my phone but it looks as though #allisbarry has deleted his Yams admin tweets from yesterday , anyone confirm ?

As with the thread that was on Kickback, David Southern will have been on the phone telling him to delete them.

You can call me any time you like David :wink:


Below is th article linked above. Is Barry not missing the point? (Although, equally, I might be....) Surely the immediate risk is not a potential £15 million debt recall by UBIG, but UBIG themselves being placed in administration?



By BARRY ANDERSON
Published on 30/04/2013 08:36
HEARTS today responded to reports of imminent administration at Tynecastle by claiming their finances are under control.
Club officials did not deny administration is a possibility amid suggestions that Ukio Bankas administrators in Lithuania are about to call in up to £15million of debt. However, Hearts expect finance agreements with Ukio Bankas Investment Group (UBIG) and Ukio Bankas to continue.
The Edinburgh club are in debt to the tune of around £25million, £15m of which is owed to Ukio Bankas, the Lithuanian bank which is itself in temporary administration. All debt had been held by UBIG until late last year when £15m was transferred to Ukio Bankas.
Vladimir Romanov, the club’s majority shareholder, claims to be bankrupt and has been powerless to stop Lithuanian authorities shutting down his bank and splitting up its assets. The future of Hearts is at stake as any major recall of debt would force the Edinburgh club into administration, with the knock-on effects including a points deduction and possible relegation from the Scottish Premier League.
A Hearts spokesperson said today: “We are aware of rumours that surface every few months but the club has a firm
agreement in place with both UBIG and Ukio Bankas regarding debt arrangement.
“The club’s debt has reduced in recent years as it continues on its path to self-sustainability. Operationally, the club is working well and we expect to see more progress during the summer months as the squad is refreshed. It remains very much business as usual.”
Hearts confirmed that all players are currently fully paid to date, with suppliers and bills also being paid on time. UBIG had been helping to fund the club until January 2012, however, since then Tynecastle officials have been forced to work purely on whatever income the club generates by itself.
They will fight to avoid being placed in administration but the situation will be taken out of their hands if Ukio Bankas administrators recall the £15m.
That would trigger an automatic deduction of 17 points as per SPL rules regarding insolvency at clubs, which could be enough to relegate Hearts depending on results between now and the end of the season.
Were they to suffer administration after June 1 – the date that the new season officially starts – Hearts would remain in the SPL, although they could be deducted 12 points for the new campaign starting as a
percentage of their total from this season.


The bit in bold is the green light for every small business owed money by them to get on the phone to Blacklocks and get legal proceedings moving. There's only one way they're going to get their money and sitting about waiting for it isn't the answer.

[#FromTheCapital]

Nah, **** it I'm going to get excited. (You're probably right but the day I don't enjoy a story like this about hearts is the day I give up!)

Don't get me wrong I also love a story like this, I just don't want to see everyone getting carried away again because we've been here before and nothing happened (such as when STV reported that hearts staff had been told they were going into admin). I will wait for something a bit more official before I crack open an ice cold bottle of beer to celebrate the next phase of hearts demise

[Treadstone]

As with the thread that was on Kickback, David Southern will have been on the phone telling him to delete them.

You can call me any time you like David :wink:

Joking aside I think that's exactly what's happened here.

[Mikey]

Joking aside I think that's exactly what's happened here.

I wasn't joking. He prints what he's told.

The reference to Hearts admitting that admin is a possibility will disappear shortly :wink:

[DC_Hibs]

Below is th article linked above. Is Barry not missing the point? (Although, equally, I might be....) Surely the immediate risk is not a potential £15 million debt recall by UBIG, but UBIG themselves being placed in administration?

HEARTS today responded to reports of imminent administration at Tynecastle by claiming their finances are under control.


Exactly, the begging bowl approach to their fans and the Rangers for a Wallace reduced fee, in addition to a (wee) cup final means they would always see out the season UNLESS events in the Lith conspire against them.

At a time when they want to rake in season ticket money - from deluded perverts - they are hardly going to jeopardise that by admitting things look ropey.
To be fair to those working at the Savile Dome, they only get fed any news when the Lith's can be @rsed anyway and that's when their pet monkey BAnderson comes in handy to pass it on.

It might take a while for anyone coming calling for their charge on the stadium but an imminent UBIG administration would be most welcome.

[Moulin Yarns]

Sometimes it's difficult to know where to start with his utter and total incompetence but ...

Bazza, if you're looking in:

1. It was the security that transferred, not the debt, and it wasn't a security for £15M.
2. Penalty this season is 18 not 17.
3. Penalty next season would be 14 (assuming no more HMFC points) not 12.
4. UKIO bank bankruptcy hearing is tomorrow, not worth a mention? You didn't know, did you ...


“The club’s debt has reduced in recent years as it continues on its path to self-sustainability. Operationally, the club is working well and we expect to see more progress during the summer months as the squad is refreshed. It remains very much business as usual.”

No tanks in Baghdad! :rolleyes:

Chemical Barry??

[Green Man]

http://www.scotsman.com/edinburgh-evening-news/football/hearts/hearts-say-finances-in-hand-despite-admin-reports-1-2913863

Tick Tock, clock never stops!!!

I like how BAnderson's put bold text on the bit where they don't deny administration is possible.

[IWasThere2016]

Let Us Pray :pray:

[Glesgahibby]

Sounds like something is stirring
thursday must be a concern :thumbsup:
if this doesn't go down,one bonus would be the lith fax
demanding no more points to add to next seasons deduction.
win win win!!!!!!:agree:

[Gus Fring]

The bit in bold is the green light for every small business owed money by them to get on the phone to Blacklocks and get legal proceedings moving. There's only one way they're going to get their money and sitting about waiting for it isn't the answer.

But Barry says all the businesses have been paid Mikey? Well, I suppose what he actually said was payments were up to date, but he didn't say what date :wink:

[Caversham Green]

As I've said before a 'traditional' administration ending with a CVA is unlikely to benefit any of the parties who would initiate one - UBIG/Ukio would not have a vote in a CVA, so it would be cheaper to liquidate, and the unsecured creditors would get nothing because all the assets are covered (and them some) by securities. However, the circumstances are such that an insolvency event seems almost inevitable. Events in Lithuania would indicate that the debt is likely to be pursued very soon and the one get-out they had - possible sale of the shares to new owners - has been closed off by the freezing of UBIG's assets. Their only hope as far as I can see is that those assets get unfrozen, and that strikes me as highly unlikely.

I can think of three factors that could produce an immediate insolvency event:


HMRC's fist instalment is due in May - which is tomorrow. I'm firmly of the belief that it will be in three lump sums rather than the monthly instalment arrangement that has been suggested and if they can't find £500k on the due date it's game over.
The auditors should be working on finalising the accounts but they will have great difficulty in giving any sort of audit opinion - none of the audit firms I've worked with would sign an audit report in the current circumstances. Meanwhile, Companies House are agitating for the accounts and have probably threatened criminal proceedings against the directors.
It looks like Ukio's insolvency proceedings are coming to a head and UBIG must be struggling massively following the freezing of their assets.


It would not surprise me at all if they were to suffer an insolvency event very soon and the timing is unlikely to be of their choosing.

[Treadstone]

I like how BAnderson's put bold text on the bit where they don't deny administration is possible.

As Mikey says that probably won't be there too much longer once Southern sees it.

[green glory]

@ddb1893: Tom Hughes of Gerber, Landa, and Gee for any worried jambos looking in ;)

Info from our man in Dundee. Quite brazen now, yesterday I had to rely on a DM from him for this info.

[Sergey]

The bit in bold is the green light for every small business owed money by them to get on the phone to Blacklocks and get legal proceedings moving. There's only one way they're going to get their money and sitting about waiting for it isn't the answer.

Mikey - I've picked up another point, while only minor, it's an oxymoron.

Quote:


The Edinburgh club are in debt to the tune of around £25million

That's different to the £22M that was being banded about as their debt as per their last set of published accounts (remember those things that are now almost 2 years out of date?)

and then this....


The club’s debt has reduced in recent years as it continues on its path to self-sustainability...

Yes indeed - a reduction from £22M to £25M is impressive.

[JimBHibees]

FEARS were growing last night that Hearts are set to plunge into administration. The Jambos owe Vladimir Romanov’s crippled Ukio Bankas and its parent company UBIG £25MILLION.
SunSport understands a Glasgow-based auditing firm is on standby to act if the worst nightmare of Tynecastle staff and fans is realised — possibly even as soon as the next week.
And that scenario would hand current SPL bottom side Dundee a potential reprieve from relegation.
Second bottom St Mirren, still chasing the win to secure their top-flight status, would also be cheered.
Hearts, presently 10th and 11 points clear of John Brown’s men, would be hit with a 17-point deduction going into the last fortnight of the season.
Depending on this weekend’s results it could instantly relegate Gary Locke’s side.
It is believed that the February crash of Ukio Bankas — owed £15m by the Scottish Cup holders — immediately left Hearts in a precarious position.
Supremo Romanov and right-hand man Sergejus Fedotovas, also a Jambos director, quit the board of Kaunas-based parent company and effective club owners UBIG soon after.
Hearts — who late last year rushed out a share issue to raise £1m-plus to cover an HMRC bill plus running costs which threatened to kill them off — are also in debt to UBIG to the tune of £10m.
UBIG have a 79 per cent stakeholding in Hearts, who are desperate to stave off any possible administration until at least June 1 when it’s understood their ‘golden’ SPL share would be formally confirmed again for 2013-14.
In that event they would not be relegated but would start the new season with a minimum minus 12 points.
Last night a Tynecastle source insisted: “As far as we’re concerned it’s business as usual.”


Read more: http://www.thesun.co.uk/scotsol/homepage/sport/spl/4908386/25m-debt-has-Hearts-on-the-brink.html#ixzz2RtlVcS1I




:loser::faf::faf:

[Sergio sledge]

The auditors should be working on finalising the accounts but they will have great difficulty in giving any sort of audit opinion - none of the audit firms I've worked with would sign an audit report in the current circumstances. Meanwhile, Companies House are agitating for the accounts and have probably threatened criminal proceedings against the directors.


Is this not pretty key for them getting an SFA licence for next season also?

If they can't get their accounts signed off then they will be getting a letter from the SFA to attend a hearing pretty soon I would imagine.

[Mon Dieu4]

Is this not pretty key for them getting an SFA licence for next season also?

If they can't get their accounts signed off then they will be getting a letter from the SFA to attend a hearing pretty soon I would imagine.

if they haven't done it already which i don't think they have then its already a month late, the cut off for giving the SFA your accounts was March 31st

[Craig_in_Prague]

As I've said before a 'traditional' administration ending with a CVA is unlikely to benefit any of the parties who would initiate one - UBIG/Ukio would not have a vote in a CVA, so it would be cheaper to liquidate, and the unsecured creditors would get nothing because all the assets are covered (and them some) by securities. However, the circumstances are such that an insolvency event seems almost inevitable. Events in Lithuania would indicate that the debt is likely to be pursued very soon and the one get-out they had - possible sale of the shares to new owners - has been closed off by the freezing of UBIG's assets. Their only hope as far as I can see is that those assets get unfrozen, and that strikes me as highly unlikely.

I can think of three factors that could produce an immediate insolvency event:


HMRC's fist instalment is due in May - which is tomorrow. I'm firmly of the belief that it will be in three lump sums rather than the monthly instalment arrangement that has been suggested and if they can't find £500k on the due date it's game over.
The auditors should be working on finalising the accounts but they will have great difficulty in giving any sort of audit opinion - none of the audit firms I've worked with would sign an audit report in the current circumstances. Meanwhile, Companies House are agitating for the accounts and have probably threatened criminal proceedings against the directors.
It looks like Ukio's insolvency proceedings are coming to a head and UBIG must be struggling massively following the freezing of their assets.


It would not surprise me at all if they were to suffer an insolvency event very soon and the timing is unlikely to be of their choosing.

Nice summary - thanks.

[CropleyWasGod]

Is this not pretty key for them getting an SFA licence for next season also?

If they can't get their accounts signed off then they will be getting a letter from the SFA to attend a hearing pretty soon I would imagine.

Removing the licence is the ultimate step that the SFA can take. There are a range of penalties that can be applied.

[Mikey]

And if they do pick up the 18 point penalty there are plenty of us who will almost certainly be getting a windfall from the bookies :greengrin

[blackpoolhibs]

And if they do pick up the 18 point penalty there are plenty of us who will almost certainly be getting a windfall from the bookies :greengrin

:greengrin

[MSK]

****ing please ..please ..please !!! :pray:

[JimBHibees]

@ddb1893: Tom Hughes of Gerber, Landa, and Gee for any worried jambos looking in ;)

Info from our man in Dundee. Quite brazen now, yesterday I had to rely on a DM from him for this info.

Yep he sounds emboldened. Sounds like his info is probably accurate.


Chemical Barry??

Comical Barry more like. :greengrin

[Treadstone]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.

[IWasThere2016]

And if they do pick up the 18 point penalty there are plenty of us who will almost certainly be getting a windfall from the bookies :greengrin

Lump on the Dees at ER beforehand also :wink:

[JimBHibees]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.

When they have been benefiting from a clear sporting advantage because of their financial shenanigans for years then of course rivals should be wanting them to be punished appropriately.

[MSK]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.Thinking Barry's bum is squeaking big time noo !!! :greengrin

[Treadstone]

When they have been benefiting from a clear sporting advantage because of their financial shenanigans for years then of course rivals should be wanting them to be punished appropriately.

Try telling that to Barry.

[JimBHibees]

If Hearts manage to get to the end of the season however are aware they will go into admin prior to next season what is the motivation for them to pick up points??

[Geo_1875]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.

I don't want them in admin or bust. I just want them to ****ing die.

[Gus Fring]

If Hearts manage to get to the end of the season however are aware they will go into admin prior to next season what is the motivation for them to pick up points??

I doubt the playing/coaching staff will be privvy to that information.

[Jack Hackett]

If Hearts manage to get to the end of the season however are aware they will go into admin prior to next season what is the motivation for them to pick up points??

More cash for finishing higher in the league..... Every penny is a straw on the path to self sufficiency :greengrin

[happiehibbie]

On good authority todays reports in the scotsman re Admin is the biggest threat yet!!

people on the inside, and the diehard media now really worried

[Milandinho]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.

Yeah Barry you're right. Cos the savilles would be very magnanimous if the shoe was on the other foot wouldin't they...........go take your face for a pish ya stupid yam fud!

:fenlon!

[happiehibbie]

Just been told they need to get to the 1st of June without Admin to stay in SPL with a points deduction

[Mikey]

Just been told they need to get to the 1st of June without Admin to stay in SPL with a points deduction

Yep, that's officially the end of the season.

[#FromTheCapital]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.

He really is a fud. For years we've had to put up with their ***** whilst they've been lording it over us in derbies and stopped us from winning 2 scottish cups while they've been spending millions they never had in the first place. Their attitude and arrogance has got a lot worse in this time (big team/wee team pish) I hope they're wiped off the face of the universe. They must be punished for this and admin should only be the start. **** them

[Liberal Hibby]

Both the EN and Sun articles quote a Hearts spokesman saying 'it's business as usual'.

Now obviously for Hearts that means something very different to any other footall club and would include bankruptcy, fraud and any number of other financial misdemenours...

[Leithenhibby]

He really is a fud. For years we've had to put up with their ***** whilst they've been lording it over us in derbies and stopped us from winning 2 scottish cups while they've been spending millions they never had in the first place. Their attitude and arrogance has got a lot worse in this time (big team/wee team pish) I hope they're wiped off the face of the universe. They must be punished for this and admin should only be the start. **** them


Not a lot else you could add really! :aok:

[hibsmad]

He really is a fud. For years we've had to put up with their ***** whilst they've been lording it over us in derbies and stopped us from winning 2 scottish cups while they've been spending millions they never had in the first place. Their attitude and arrogance has got a lot worse in this time (big team/wee team pish) I hope they're wiped off the face of the universe. They must be punished for this and admin should only be the start. **** them

:agree:

Easy to enjoy rivalry when you are the ones being able to do the vast majority of the piss taking.

**** the cheating *******s.

DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE DIE






































DIE

[#FromTheCapital]

Not sure if it's already been posted but here's hearts official statement...

http://www.heartsfc.co.uk/articles/20130430/business-as-usual_2241384_3162316

Business as usual :faf:

The tone of this statement suggests that there is a lot of truth in these rumors, they don't even try to deny it. Compare it to the last statement they came out with after the STV report which sounded a lot more aggresive

[JimBHibees]

I doubt the playing/coaching staff will be privvy to that information.

When they are told to play the u16s at the weekend you will know. :greengrin

[green glory]

He really is a fud. For years we've had to put up with their ***** whilst they've been lording it over us in derbies and stopped us from winning 2 scottish cups while they've been spending millions they never had in the first place. Their attitude and arrogance has got a lot worse in this time (big team/wee team pish) I hope they're wiped off the face of the universe. They must be punished for this and admin should only be the start. **** them

Looking forward to starting the one team/nae team pish lol.

[AinsterHibs]

Not sure if it's already been posted but here's hearts official statement...

http://www.heartsfc.co.uk/articles/20130430/business-as-usual_2241384_3162316

Business as usual :faf:

The tone of this statement suggests that there is a lot of truth in these rumors, they don't even try to deny it. Compare it to the last statement they came out with after the STV report which sounded a lot more aggresive

Note the advert for "Footy for a Fiver".....sell, sell, sell....then *** die!

[Ozyhibby]

Just been told they need to get to the 1st of June without Admin to stay in SPL with a points deduction

Which means they need to pay £500k to HMRC?

[Mikey]

Which means they need to pay £500k to HMRC?

Tomorrow :agree:

[Ozyhibby]

Not sure if it's already been posted but here's hearts official statement...

http://www.heartsfc.co.uk/articles/20130430/business-as-usual_2241384_3162316

Business as usual :faf:

The tone of this statement suggests that there is a lot of truth in these rumors, they don't even try to deny it. Compare it to the last statement they came out with after the STV report which sounded a lot more aggresive

From reading that statement I don't think we are far away at all now.

[21.05.2016]

Barry currently greetin' on Twitter "Rivalry is good but no-one should want a club in admin/go bust."

Wasn't aware Barry was in a coma last year.

Hearts DESERVE administration, they have cheated financially for years in order to get ahead whilst the rest of us have had to play by the rules and run on a tight budget. You reap what you sow!

[poolman]

Thinking Barry's bum is squeaking big time noo !!! :greengrin


http://i40.tinypic.com/6s77m0.jpg

[Mikey]

A wee birdie tells me that businesses owed money have received a call from Hearts this morning to assure them that allisbarry (so please don't take us to the small claims court) and you'll get your money.

They're just not getting it right now :greengrin

[21.05.2016]

He really is a fud. For years we've had to put up with their ***** whilst they've been lording it over us in derbies and stopped us from winning 2 scottish cups while they've been spending millions they never had in the first place. Their attitude and arrogance has got a lot worse in this time (big team/wee team pish) I hope they're wiped off the face of the universe. They must be punished for this and admin should only be the start. **** them

100% agree with this!

Cheats. Pure and simple. The arrogance and delusion of their fans has made their situation worse aswell. Instead of opening their eyes and living in the real world they have lived in this delusional fantasy world why they believe everything is fine, that they are a massive super power club and believe every bit of utter bull**** that comes out that board room. Whenever the rumours start and the truth looks about to break out the hearts board roll out tits like fat robbo or mackay to tell the fans everythings :aok:, this has been a much used PR tactic for them over the years. And the sad thing is time and time again the fans believe it because of their unbelievable delusion and arrogance!

[greenlex]

I have a warm fuzzy feeling stirring in my loins.

[AinsterHibs]

From reading that statement I don't think we are far away at all now.

Agreed.


If you read the statement, it has that "I know I am dying" tone to it - but also that "I am hanging in there, stay with me whilst I suffer" pleading element.

[Mon Dieu4]

Not sure if it's already been posted but here's hearts official statement...

http://www.heartsfc.co.uk/articles/20130430/business-as-usual_2241384_3162316

Business as usual :faf:

The tone of this statement suggests that there is a lot of truth in these rumors, they don't even try to deny it. Compare it to the last statement they came out with after the STV report which sounded a lot more aggresive

hmm last time one of these stories cropped up they completely denied it and threatened legal action, looks like there is definitely more too it this time!!

[green glory]

I have a warm fuzzy feeling stirring in my loins.

A feathery feeling at the base of your stomach?

I think we could be approaching the vinegar strokes, as apparently #allisnotbarry.

[Mr White]

So hibs are going to hampden and hearts are going to be in admin. There must be a song in there? Na na na na.

[21.05.2016]

hmm last time one of these stories cropped up they completely denied it and threatened legal action, looks like there is definitely more too it this time!!

Was just thinking the same. Last time they seemed far more shocked at the allegations and like you say, where so adamant that it was false they even threatened legal action. This statement seems to be a lot more shady.

[Caversham Green]

Not sure if it's already been posted but here's hearts official statement...

http://www.heartsfc.co.uk/articles/20130430/business-as-usual_2241384_3162316

Business as usual :faf:

The tone of this statement suggests that there is a lot of truth in these rumors, they don't even try to deny it. Compare it to the last statement they came out with after the STV report which sounded a lot more aggresive

Yep very subdued compared with the last one - http://www.heartsfc.co.uk/articles/20130305/club-denies-claims_2241384_3098354

I think they're closer to the edge now than they've ever been before.

[Lucius Apuleius]

Bit of luck we will be shouting "Mayday, Mayday, Mayday" at them tomorrow. The sub is sinking!

[God Petrie]

My loins are stirring with the passion of a thousand burning suns.

[HUTCHYHIBBY]

Hopefully DNR is written on their chart as the life support machine will be switched off soon!

[Ozyhibby]

If Hearts are due to pay HMRC tomorrow and don't have it then they are likely to move to admin today rather than wait for HMRC to appoint their own administrator tomorrow?
Here's hoping.

[Gus Fring]

I love ripping these apart into their component parts so lets do it again with this one.


The club has been made aware of rumours concerning the possibility of administration.


Somebody has been reading the Sun or been on Twitter



The club will continue to do everything within its power to trade normally. It should be noted that Hearts has not required or received additional funding from UBIG or Ukio Bankas in over a year and is servicing its existing debt.



I do everything in my power to win the lottery every week, doesn't mean it happens. The second part we already knew, it doesn't need to be noted as its an irrelevance right now.



The club is completely up to date with player salaries and taxes and the club continues to head towards operational self sustainability.


They keep changing their minds between being self sufficient, and heading towards it. You can't be both at the same time.


This has been made possible by reducing operating costs while continuing to focus on increasing revenues through season ticket sales, match ticket sales, merchandise, hospitality and sponsorship.

Read: Giving them all away at greatly reduced prices.


While the general economic and Scottish football marketplace conditions remain challenging, Hearts is focussed on meeting its requirements as a business and a football club. The club's health and viability continues to be dependent on successful player identification, development and trading, careful cost control and building revenues.


The general business plan for a football club then, what they don't mention is their "clubs health and viability" is dependent on what happens in Lithuania and whether or they can pay the tax bill, get accounts signed off, etc.



With the continued support of the Heart of Midlothian fanbase, the club has an opportunity to continue stabilising and then building for the future.


"Please don't stop giving us money, we're desperate!"

--

The whole piece actually does nothing towards assuring anyone reading it that they are not going into administration. What it does do however is give a long list of things that "need" to happen and reads like them laying the groundwork to say "Well look at what we had to deal with".

Compare that with the wording of the statement last time these exact same rumours started swirling, courtesy of STV. Here's some snippets.


"Heart of Midlothian FC vehemently refutes media claims" - "lacks any sort of foundation and is misleading in the extreme" - "Such erroneous stories cause distress not only to our staff but their families" - "We are sickened and disgusted by such unsubstantiated content" - "Articles such as this which have no factual basis, show a complete ignorance of the facts" - "It is a straight-forward shameless act to destabilise the club"

Quite the difference in handling of what is essentially exactly the same situation.

[Caversham Green]

If Hearts are due to pay HMRC tomorrow and don't have it then they are likely to move to admin today rather than wait for HMRC to appoint their own administrator tomorrow?
Here's hoping.

If the story about them having an administrator on stand-by is true this would be the reason - it's what the esteemed Mr Whyte did at Rangers.

[CropleyWasGod]

If the story about them having an administrator on stand-by is true this would be the reason - it's what the esteemed Mr Whyte did at Rangers.

It's that part (specifically naming him) that makes me think something's happening, Cav.

That said, is he still on Thistle's Board? if he is, there's a potential conflict of interest, no?

[Brightside]

"There is something in the story, announcement expected within 24 hours HMFC doing all they can to defuse and will release something very soon"

From keekback.

"Have it on good authority that Hearts representatives are with HMRC at the moment trying to re-negotiate the tax deal as the funds are being held in Lithuania by the bank and HMFC do not have access to release the funds to HMRC... Source before you ask is a prevelant employee at HMRC.. "

[Part/Time Supporter]

It's that part (specifically naming him) that makes me think something's happening, Cav.

That said, is he still on Thistle's Board? if he is, there's a potential conflict of interest, no?

He's not listed on the Thistle website and his biography on the firm's website says he served Thistle until 2010.

http://ptfc.co.uk/club/boardroom

http://www.gerberlandagee.co.uk/partners.htm

[Gus Fring]

If the story about them having an administrator on stand-by is true this would be the reason - it's what the esteemed Mr Whyte did at Rangers.

Could it be that the statement isn't for the benefit of the fans but is aimed at Hector? "Look, we're a gid business really, gies mair time tae pay"

[JollyGreenGiant]

C'mon its got to be true this time!

This would make our trip to the pink wongadome even more exciting!

[Just Alf]

If it happens tomorrow it would be Yaministration on 1/5. If only somebody could think of some kind of hand gesture to go with that ...

Was at a meeting in London yesterday and some guy who I hardly knew gave me the 5-1 ....... if it all happened tomorrow then their wee sign against us that's supposed to last forever will be blown out the water! :cb

[Green Blood]

[I

MG]http://i599.photobucket.com/albums/tt80/russkay/images-3_zps6de54edc.jpg (http://s599.photobucket.com/user/russkay/media/images-3_zps6de54edc.jpg.html)[/IMG] Lots of this going on on Keekback




http://i599.photobucket.com/albums/tt80/russkay/images-4.jpg (http://s599.photobucket.com/user/russkay/media/images-4.jpg.html)




http://i599.photobucket.com/albums/tt80/russkay/images-10_zpsaa68a317.jpg (http://s599.photobucket.com/user/russkay/media/images-10_zpsaa68a317.jpg.html)

[21.05.2016]

Was at a meeting in London yesterday and some guy who I hardly knew gave me the 5-1 ....... if it all happened tomorrow then their wee sign against us that's supposed to last forever will be blown out the water! :cb

Haha i love the old "aww everything is barry because oh 5-1!" and the "oh but but 5-1" brigades in their support! Let them do there pathetic wee signs, used to wind me up but now I just laugh. Let the wee lambs hide behind there 5-1 gestures, 5-1 isnt gonna save them and is actually part of the reason they are in this mess. If they had played by the rules like hibs had too they wouldn't have had the players they had in that final team, it was a team they could no where near afford!

[Caversham Green]

Could it be that the statement isn't for the benefit of the fans but is aimed at Hector? "Look, we're a gid business really, gies mair time tae pay"

I think there's a fair bit of ass-covering in it. They could stand accused of trading while insolvent and this statement is saying that there was hope of returning to solvency so they were right to carry on trading. A normal business would have severely cut back its operations or taken the insolvency step around 18 months ago at the latest.

[HUTCHYHIBBY]

I dont look in over there, but, are the heads emerging from the sand now?
What a shame, if only they had been forewarned they couldve maybe done something to remedy the situation, oh well, its 1/5 tomorrow, bring it on!

[lapsedhibee]

Haha i love the old "aww everything is barry because oh 5-1!" and the "oh but but 5-1" brigades in their support! Let them do there pathetic wee signs, used to wind me up but now I just laugh. Let the wee lambs hide behind there 5-1 gestures, 5-1 isnt gonna save them and is actually part of the reason they are in this mess.

I wouldn't mind the hand gestures but for the cruel irony that we are not able to sign our big wins against them, whereas a good proportion of them would be able to sign 6-2 and 7-0, if they'd ever beaten us by those scores.

[green glory]

I dont look in over there, but, are the heads emerging from the sand now?
What a shame, if only they had been forewarned they couldve maybe done something to remedy the situation, oh well, its 1/5 tomorrow, bring it on!

The coffee getting stronger over there. Although one actually asked when the share certificates were being sent out. Think he's been sniffing the Bostik instead.

[CropleyWasGod]

He's not listed on the Thistle website and his biography on the firm's website says he served Thistle until 2010.

http://ptfc.co.uk/club/boardroom

http://www.gerberlandagee.co.uk/partners.htm

Good :0)

Crack on, son.

[Glesgahibby]

If you look at there official allisbarry statement and then
glance to the left of the page they still have a link to
TYNECASTLE 2010!!!!! THE MEGAWONGADOME!!!!!!!
Spin and lies of days gone by
shirley this reminder on the same page must encourage
the yams to hit the panic button :rolleyes:
Please o please let this happen tomorrow
MAYDAY !!!!! Or YAMDAY!!!!!!
:thumbsup:

[KWJ]

Have to say I'll be amazed should they go into admin before June 1st.

Please lead me to be amazed.

[21.05.2016]

I dont look in over there, but, are the heads emerging from the sand now?
What a shame, if only they had been forewarned they couldve maybe done something to remedy the situation, oh well, its 1/5 tomorrow, bring it on!

Don't look over there either as its full of dregs and low life (very representative of the hearts support as a whole really) but the jambos i've spoke to are still very much head in the sand. It's all "aye just daft sad hibbys looking for something to get excited over - non story!"


Hahaha really do have to pity the fools! First of all, we have plenty to look forward to such as another cup final, what the hell do they have?! When are these muppets gonna finally wake up and smell the bull **** and actually try do something to save their club like we did in the dark days of Mercer. And i don't mean face painting and cake sales, I mean proper hard action! They just haven't clicked at all at how much of a state their club is in! Instead of actually tryna rally, they continue to tow the party line they are continuously being spun and wrap themselves in their delusion and arrogance! Spineless, gutless set of supporters. "oh but but 5-1" is there usual response to any negative press (hibs related or not).

[Caversham Green]

Have to say I'll be amazed should they go into admin before June 1st.

Please lead me to be amazed.

If they can't pay the half-mill due to Hector the timing won't be of their choosing.

BTW, harking back to the time of the share offer they said they needed £2m to get to the end of the season, but on top of that they would have to finance the tax case separately, with the hint that UBIG might offer a commercial loan.

UBIG can't offer that loan now.

[Treadstone]

Two words for anyone concerned about various conflict of interests : Campbell Ogilvie

[Pretty Boy]

My favourite kickback quote today has to be the one along the lines of:

'if the club need us to man the barricades then any threat will be staved off.'

Eh not sure bake sales, face painting and a few free pints will cut it this time.

[essexhibee]

If hearts go into admin they would be hit with a deduction of 17points leaving them 6 adrift of Dundee with 9points to play for.

Hibs play Dundee last game of the season :greengrin: have to play the u13 for that game surely!?!

[21.05.2016]

My favourite kickback quote today has to be the one along the lines of:

'if the club need us to man the barricades then any threat will be staved off.'

Eh not sure bake sales, face painting and a few free pints will cut it this time.

they really just don't have a clue do they?! :ostrich:


If hearts go into admin they would be hit with a deduction of 17points leaving them 6 adrift of Dundee with 9points to play for.

Hibs play Dundee last game of the season :greengrin: have to play the u13 for that game surely!?!

1000000% yes, rest the first time for the final and play the laddies :greengrin win win

[Ozyhibby]

If hearts go into admin they would be hit with a deduction of 17points leaving them 6 adrift of Dundee with 9points to play for.

Hibs play Dundee last game of the season :greengrin: have to play the u13 for that game surely!?!

It's an 18 point deduction. I'd rather just beat them at Tynecastle to seal their fate.

[Glesgahibby]

If this realy happens before June 1st
then I would suggest the month of may
to be reversed and be fondly named
the month of YAM !!
And if they go into admin tommorow
let the 1st of may be called
YAMDAY !!!!
:thumbsup:

[greenlex]

If hearts go into admin they would be hit with a deduction of 17points leaving them 6 adrift of Dundee with 9points to play for.

Hibs play Dundee last game of the season :greengrin: have to play the u13 for that game surely!?!

Better still. Beat them at the Pink Wongadome to seal their fate. Better than 1-5? Better believe it .

[Northernhibee]

If hearts go into admin they would be hit with a deduction of 17points leaving them 6 adrift of Dundee with 9points to play for.

Hibs play Dundee last game of the season :greengrin: have to play the u13 for that game surely!?!

Seeing as how he's not a striker it'd be a great chance to see if Kuqi would make a good goalie.

[Mikey]

Better still. Beat them at the Pink Wongadome to seal their fate. Better than 1-5? Better believe it .

I haven't bought a ticket yet and don't really plan on going, but if they get the deduction I'll be down the road to get one double sharpish.

Shall I get you one as well sir? :greengrin

[Northernhibee]

Better still. Beat them at the Pink Wongadome to seal their fate. Better than 1-5? Better believe it .

Would make their claims of "We ended them as a club" seem ironic.

[Pretty Boy]

When they won the cup in 1998 ending their long, long, long trophyless run we were also relegated.

It's an omen I tell you.

[Treadstone]

My favourite kickback quote today has to be the one along the lines of:

'if the club need us to man the barricades then any threat will be staved off.'

Eh not sure bake sales, face painting and a few free pints will cut it this time.

My favourite is 'The Hedge' in the comments underneath this story.

http://www.scotsman.com/sport/football/spl/hearts-fans-chief-confident-over-offer-to-buy-club-1-2913567


After suffering their own dark days Motherwell are edging towards fan ownership, (they have supporters' representatives on the board) which is the way to go. Works for Barcelona, so it should work for Hearts.

[greenlex]

I haven't bought a ticket yet and don't really plan on going, but if they get the deduction I'll be down the road to get one double sharpish.

Shall I get you one as well sir? :greengrin
Aye. Couldn't miss that if it came to pass. Just make sure I'm no near the front.:greengrin

[Pretty Boy]

My favourite is 'The Hedge' in the comments underneath this story.

http://www.scotsman.com/sport/football/spl/hearts-fans-chief-confident-over-offer-to-buy-club-1-2913567

Hmmmmm

Not sure the Barcelona ownership model would transfer to a really big club like Hearts.

[essexhibee]

I think to win the Scottish cup in the year hearts went to the wall would be unthinkable. Be ****ing amazing :thumbsup: :thumbsup:

[Mikey]

Aye. Couldn't miss that if it came to pass. Just make sure I'm no near the front.

:tee hee:

[21.05.2016]

Would make their claims of "We ended them as a club" seem ironic.

I love that yam quote, utter comedy gold and just completely sums up the arrogant, deluded mind set of their supporters. Our club has only strengthened since that day, our fans are still here backing the club and here we are less than a year later in another scottish cup final (beating hearts in the run to get there).

Mercer never killed us in 1990 and they CERTAINLY never killed us last May :fenlon:jamboclow

[#FromTheCapital]

If hearts go into admin they would be hit with a deduction of 17points leaving them 6 adrift of Dundee with 9points to play for.

Hibs play Dundee last game of the season :greengrin: have to play the u13 for that game surely!?!


Usually I'd be all for helping our pink chums with the problem they currently face, as the bible says 'love thy neighbour', we should putting out our strongest team available and giving Dundee a good pumping at Easter Road to make sure hearts don't get relegated..... However, we have a cup final to think about so no key players Pat, time to let the under 13's show us what they can do, or what about our womans team? Heard good things about them

[Northernhibee]

Usually I'd be all for helping our pink chums with the problem they currently face, as the bible says 'love thy neighbour', we should putting out our strongest team available and giving Dundee a good pumping at Easter Road to make sure hearts don't get relegated..... However, we have a cup final to think about so no key players Pat, time to let the under 13's show us what they can do, or what about our womans team? Heard good things about them

I'll play.

[Mikey]

Mercer never killed us in 1990 and they CERTAINLY never killed us last May :fenlon:jamboclow

:not worth

[Northernhibee]

I just have this image of when everytime Dundee scores both sets of fans erupting :D

[21.05.2016]

Where are all there 400,000 supporters we were told they had :confused: Surely they could just ask them all to give just over a quid or so each they could give Hector his £500,000 :confused:

[Northernhibee]

Anyone know if the share certificates have been posted yet?

[Pretty Boy]

Anyone know if the share certificates have been posted yet?

Someone just asked the same on kickback so i'd guess not.

I smell a scam.

[Northernhibee]

Someone just asked the same on kickback so i'd guess not.

I smell a scam.

I smell baking.

[Gatecrasher]

Someone just asked the same on kickback so i'd guess not.

I smell a scam.
I thought they were being sent out before the AGM? :wink:

[Treadstone]

I thought they were being sent out before the AGM? :wink:

After the AGM. The one at the end of April.:timebomb:

[Northernhibee]

I thought they were being sent out before the AGM? :wink:

They never stated which years AGM though.

#allisbarry

[proud_and_green]

I smell baking.

All i can smell is the ***** deposited in countless Jambo's breeks!

[Thecat23]

Is it just me but if hearts were to go into admin tomorrow will I be the only one doing the 1-5 all day ;)

The date the yams were KILLED off!

[poolman]

My favourite is 'The Hedge' in the comments underneath this story.

http://www.scotsman.com/sport/football/spl/hearts-fans-chief-confident-over-offer-to-buy-club-1-2913567



Works for Barcelona, so it should work for Hearts. :faf:

[Duffys13]

I just have this image of when everytime Dundee scores both sets of fans erupting :D

I love it!

[SteveHFC]

I can see me acting like this if it happens :greengrin

http://24.media.tumblr.com/c7ee79a2afbd9132ea9a19ddfdb50454/tumblr_merqcvPpih1qbiykfo1_500.gif

[FranckSuzy]

I just have this image of when everytime Dundee scores both sets of fans erupting :D

I have this vague memory of a game at ER in 1986, I think, when the old East erupted into a Mexican wave but we were getting beat at the time by Dundee Utd. Not sure what the occasion was but I'm sure someone on here will remind me. It seemed to involve folk listening to *trannys and relaying news of another score that day to fellow fans :confused:

*FAO younger fans, trannys were wee radios. This was pre mobile phones :agree:

[Northernhibee]

I have this vague memory of a game at ER in 1986, I think, when the old East erupted into a Mexican wave but we were getting beat at the time by Dundee Utd. Not sure what the occasion was but I'm sure someone on here will remind me. It seemed to involve folk listening to *trannys and relaying news of another score that day to fellow fans :confused:

*FAO younger fans, trannys were wee radios. This was pre mobile phones :agree:

Thanks for explaining that for the kidds.

[silverhibee]

Aye. Couldn't miss that if it came to pass. Just make sure I'm no near the front.:greengrin




:casper: :thumbsup:

[Centre Hawf]

I have this vague memory of a game at ER in 1986, I think, when the old East erupted into a Mexican wave but we were getting beat at the time by Dundee Utd. Not sure what the occasion was but I'm sure someone on here will remind me. It seemed to involve folk listening to *trannys and relaying news of another score that day to fellow fans :confused:

*FAO younger fans, trannys were wee radios. This was pre mobile phones :agree:

I thought you were referring to folk listening to Hearts fans, was about to say no one does that.

[Treadstone]

Works for Barcelona, so it should work for Hearts. :faf:

That was the team I closely associate with them.:coffee:

[21.05.2016]

That was the team I closely associate with them.:coffee:

Hearts are a "BIG TEAM" don't you know! This is how all the big clubs go about their business, obviously wee wouldn't know as we are just a wee diddy team!

[silverhibee]

Someone just asked the same on kickback so i'd guess not.

I smell a scam.



http://www.youtube.com/watch?v=Uuqry9SMjQM :faf:

[#FromTheCapital]

I can see me acting like this if it happens :greengrin

http://24.media.tumblr.com/c7ee79a2afbd9132ea9a19ddfdb50454/tumblr_merqcvPpih1qbiykfo1_500.gif

Each to there own, this will be me.....


http://www.reactiongifs.com/wp-content/uploads/2013/04/lebowski1.gif (http://www.reactiongifs.com/wp-content/uploads/2013/04/lebowski1.gif)

[clerriehibs]

I can't see hector doing anything other than agreeing to any rearranged terms offered. The yams have no assets, so what would hmrc achieve by forcing admin?

[God Petrie]

There's some boy on kickbackandenjoythefirstdivision who is apparantly "in the know" who is saying he received the following text from his source. He was right with McGlynn and Houston (although that fell through) so seems to be something in this.

"There is something in the story, announcement expected within 24 hours HMFC doing all they can to defuse and will release something very soon"

Jumbo box of kleenex.....ordered.

[Treadstone]

Each to there own, this will be me.....


http://www.reactiongifs.com/wp-content/uploads/2013/04/lebowski1.gif (http://www.reactiongifs.com/wp-content/uploads/2013/04/lebowski1.gif)

I met with a small accident.

http://thechive.files.wordpress.com/2012/02/1256dyd.gif?w=300&h=233

[Greentinted]

Tonight's Evening News front page.


9717

[greenginger]

I have this vague memory of a game at ER in 1986, I think, when the old East erupted into a Mexican wave but we were getting beat at the time by Dundee Utd. Not sure what the occasion was but I'm sure someone on here will remind me. It seemed to involve folk listening to *trannys and relaying news of another score that day to fellow fans :confused:

*FAO younger fans, trannys were wee radios. This was pre mobile phones :agree:

The way I remember it was it was 0 - 0 when word came through that Dundee had scored and the crowd erupted and a couple of Hibs players just stopped wondering what had happened.

That allowed United to run through and score but nobody cared. And the rest is History. :thumbsup:

[FranckSuzy]

I met with a small accident.

http://thechive.files.wordpress.com/2012/02/1256dyd.gif?w=300&h=233

:faf:

[Treadstone]

I can't see hector doing anything other than agreeing to any rearranged terms offered. The yams have no assets, so what would hmrc achieve by forcing admin?

This was already a settlement. Not sure how they could restructure an agreement.

[SteveHFC]

I met with a small accident.

http://thechive.files.wordpress.com/2012/02/1256dyd.gif?w=300&h=233

:rotflmao:

[CropleyWasGod]

I can't see hector doing anything other than agreeing to any rearranged terms offered. The yams have no assets, so what would hmrc achieve by forcing admin?

They have already agreed to an extended payment term, much more lenient than I have ever seen. One of the reasons they would have done that is that, at this time of the year, HMFC would expect to get season ticket money in and, in theory, would be able to pay a fair chunk.

So, against that background, having already been very generous, I can't see any other action that HMRC can take. Sometimes they just have to accept that they have been shafted, and put a business under to set an example.

[MSK]

The Puddle Drinkers shares = 9718

[Benny Brazil]

The way I remember it was it was 0 - 0 when word came through that Dundee had scored and the crowd erupted and a couple of Hibs players just stopped wondering what had happened.

That allowed United to run through and score but nobody cared. And the rest is History. :thumbsup:

Hibs were about to take a throw in - in front of the East terrace and the place just went bonkers - if my memory serves me right.

[Hibby Kay-Yay]

That was the team I closely associate with them.:coffee:

#allisbarca

[Treadstone]

:rotflmao:

When I first seen that gif, I immediately thought of you.:aok:

[#FromTheCapital]

I met with a small accident.

http://thechive.files.wordpress.com/2012/02/1256dyd.gif?w=300&h=233

:faf:


Even the dog can't contain his excitement at the thought of hearts going into admin

[SteveHFC]

When I first seen that gif, I immediately thought of you.:aok:

:greengrin:aok:

[Treadstone]

#allisbarca

:applause:

[Mon Dieu4]

Mr Chow sums up my feelings
http://stream1.gifsoup.com/view7/2529791/mr-chow-o.gif (http://gifsoup.com/view/2529791/mr-chow.html) GIFSoup (http://gifsoup.com)

[chrisski33]

Havent they been on the brink already? sooner they die the better!

[21.05.2016]

Whats the general feeling over on kickback? They still burying their heads in the sand and giving it "but but 5-1" or are some of them starting to wake up and smell the coffee?

[Green Blood]

Whats the general feeling over on kickback? They still burying their heads in the sand and giving it "but but 5-1" or are some of them starting to wake up and smell the coffee?

This

http://i599.photobucket.com/albums/tt80/russkay/images-4.jpg (http://s599.photobucket.com/user/russkay/media/images-4.jpg.html)




http://i599.photobucket.com/albums/tt80/russkay/images-3_zps6de54edc.jpg (http://s599.photobucket.com/user/russkay/media/images-3_zps6de54edc.jpg.html)

[KWJ]

Here's what my jambo chum had to say on facebook.

Aye, sure you did. Everything's rosy mate, don't worry about a thing xxx


jist that they have been managin on there own for a year now with no help from ubig or ukio bankas !!

no oot the woods but runnin steady in the correct direction !!x

UP YEH !!
haha, good luck with that mate. HMRC want some dosh this month and at any point UBIG can snap their fingers.

nut !xx

To be fair, he's a bit of a special yin even for them. :greengrin

[DC_Hibs]

When I first seen that gif, I immediately thought of you.:aok:

What, him blowing a dug?

Dirty bassa!

[Phil D. Rolls]

I just keep thinking of the Coyotes face when he realises that the Roadrunner has just ignited the rocket that was meant to kill him off.

[ano hibby]

I know its still a low probability but if you were swithering over derby tickets i would buy them now. Imagine the rush for tickets if this happens and the relegation sceanrio unfolds & its us that do the deed.
Get your tickets here now.. http://www.hibernianfc.co.uk/

Sir Roderick of Petrie:greengrin

[Pretty Boy]

Here's what my jambo chum had to say on facebook.

Aye, sure you did. Everything's rosy mate, don't worry about a thing xxx


jist that they have been managin on there own for a year now with no help from ubig or ukio bankas !!

no oot the woods but runnin steady in the correct direction !!x

UP YEH !!
haha, good luck with that mate. HMRC want some dosh this month and at any point UBIG can snap their fingers.

nut !xx

To be fair, he's a bit of a special yin even for them. :greengrin

What language is that your mates speaking?

[SteveHFC]

What, him blowing a dug?

Dirty bassa!

:faf:

[1two]

Whats the general feeling over on kickback? They still burying their heads in the sand and giving it "but but 5-1" or are some of them starting to wake up and smell the coffee?

They're too busy posting 'League and Scottish Cup holders' pics.

Oh no, wait


I know its still a low probability but if you were swithering over derby tickets i would buy them now. Imagine the rush for tickets if this happens and the relegation sceanrio unfolds & its us that do the deed.
Get your tickets here now.. http://www.hibernianfc.co.uk/

Sir Roderick of Petrie:greengrin

How quickly would we be due to pay them for the tickets?

[HUTCHYHIBBY]

Here's what my jambo chum had to say on facebook.

Aye, sure you did. Everything's rosy mate, don't worry about a thing xxx


jist that they have been managin on there own for a year now with no help from ubig or ukio bankas !!

no oot the woods but runnin steady in the correct direction !!x

UP YEH !!
haha, good luck with that mate. HMRC want some dosh this month and at any point UBIG can snap their fingers.

nut !xx

To be fair, he's a bit of a special yin even for them. :greengrin

Whats with all the wee kisses? strange one!

[davym7062]

http://www.youtube.com/watch?v=RiIIkQO95z4&feature=player_detailpage#t=157s

[Billy Whizz]

I know its still a low probability but if you were swithering over derby tickets i would buy them now. Imagine the rush for tickets if this happens and the relegation sceanrio unfolds & its us that do the deed.
Get your tickets here now.. http://www.hibernianfc.co.uk/

Sir Roderick of Petrie:greengrin

Got them already, just thinking what I need to wear now!

[Spike Mandela]

I am hearing of Hearts shareholders warning season ticket holders to hold off on renewing.

[Benny Brazil]

Got them already, just thinking what I need to wear now!

As with a lot of funerals nowadays its is customary to wear bright colours to celebrate the life of the deceased..................:flag:

[Heedersnvolleys]

:greengrin


I just have this image of when everytime Dundee scores both sets of fans erupting :D

Yeah and with PF doing his after match interview with a massive grin saying "people have to remember Dundee have beaten this season already so this is no big surprise!":greengrin:thumbsup:

[Dibben]

How quickly would we be due to pay them for the tickets?

I presume wait until the final demand letter arrives! That's what all the big clubs do! Isn't it?

[Andy74]

Which part of begging fans for cash and taking hits on future transfer income suggests that they are sustainably trading on their own? Plums.

[Sanger]

By Bryan Bradley
April 30 (Bloomberg) -- Lithuanian court to decide when and
what state can recover of about LTL3b ($1.1 billion) in costs
from closing two banks, Verslo Zinios daily reports, citing
central bank head Vitas Vasiliauskas.
• Constitutional Court ruling expected during summer regarding state deposit-insurance fund’s priority as creditor in Snoras bankruptcy proceedings: Vasiliauskas
• Striking down insurer’s priority would mean it probably could repay only about 50% of loans from government: Vasiliauskas
• Ruling also relevant for pending Ukio Bankas bankruptcy: Vasiliauskas
• State and other creditors can’t recover any money, including more than 1 billion litai now held by Snoras, until court rules: Vasiliauskas
• NOTE: Lithuania shut Bankas Snoras AB in November 2011 for suspected misappropriation of assets
• NOTE: Lithuania shut Ukio Bankas AB in February 2013, saying it was insolvent due to risky lending

[Andy74]

I am hearing of Hearts shareholders warning season ticket holders to hold off on renewing.

Oh, I do hope they lose more cash each after the 'shares' thing. Shame that none will be left to fund a fans buy out.

[JimBHibees]

I am hearing of Hearts shareholders warning season ticket holders to hold off on renewing.

Sounds interesting, sounds like jambogeddon is getting nearer.

[macca70]

I am hearing of Hearts shareholders warning season ticket holders to hold off on renewing.

Aren't they all Shareholders these days after there last plea to keep them alive?!

But can you be classed as a Shareholder, if you don't have the certificate to prove it?

[RyeSloan]

Which part of begging fans for cash and taking hits on future transfer income suggests that they are sustainably trading on their own? Plums.

Exactly. And the evidence of them actually acheiving this Nirvana of self sustainability has been what exactly?

[Green Blood]

Noticed that the FOH have deleted the Heart-o-meter which detailed how much had been pledged. This would have been done to save any embarrassment if discussing with administrators of HMFC any proposed buy out.

[Spike Mandela]

I know its still a low probability but if you were swithering over derby tickets i would buy them now. Imagine the rush for tickets if this happens and the relegation sceanrio unfolds & its us that do the deed.
Get your tickets here now.. http://www.hibernianfc.co.uk/

Sir Roderick of Petrie:greengrin

Tickets bought, fingers crossed.:cb

[Phil D. Rolls]

Noticed that the FOH have deleted the Heart-o-meter which detailed how much had been pledged. This would have been done to save any embarrassment if discussing with administrators of HMFC any proposed buy out.

Also deals with the messy business of refunding contributions should the whole concept of Hearts FC disappear.

[ACLeith]

Hibs were about to take a throw in - in front of the East terrace and the place just went bonkers - if my memory serves me right.

My son (age 8 at the time) was with me and when he heard the place erupt he turned and asked me why everyone was cheering the throw-in, it looked a pretty ordinary one to him. True story :agree:

[MSK]

9719

[MSK]

Aren't they all Shareholders these days after there last plea to keep them alive?!

But can you be classed as a Shareholder, if you don't have the certificate to prove it?One o these will suffice ..9720

[Bostonhibby]

Also deals with the messy business of refunding contributions should the whole concept of Hearts FC disappear.

Not to mention the distorting effect of some of the less "committed" pledges and the likelihood of them actually being met :greengrin

[green glory]

I am hearing of Hearts shareholders warning season ticket holders to hold off on renewing.

Which ones though? The ones who actually have shares, or the ones who think they're getting them in the post after the AGM.

A guy at work and his kids forked out. I told them. They laughed at me.

[Andy74]

My son (age 8 at the time) was with me and when he heard the place erupt he turned and asked me why everyone was cheering the throw-in, it looked a pretty ordinary one to him. True story :agree:

If it reached a Hibs player it would have been a momentous occasion to be fair.

[davym7062]

If it reached a Hibs player it would have been a momentous occasion to be fair.

that would be funny if it wasnt true:greengrin

[HUTCHYHIBBY]

And now the end is here
And so I face the final curtain....

[21.05.2016]

"A wee trip to division one would be like the good old days. Wouldng be too bad for 1 season."


wee belter from kickback, all is barry :aok:

[SteveHFC]

"A wee trip to division one would be like the good old days. Wouldng be too bad for 1 season."


wee belter from kickback, all is barry :aok:

http://bringthetuck.us/rr/the-rock-clapping.gif

[Treadstone]

9719

Fixed that for you.

http://sphotos-b.xx.fbcdn.net/hphotos-frc1/p480x480/295855_10151615340333707_402281318_n.jpg

[greenpaper55]

First post since moving back from England and what a glorious day for it !, lets hope this is the final nail in their coffin . Funny how they were all up in arms over rangers writing off their debt but now they hope they can do the same !, for over twenty years they have lived above their means and lorded it over us with teams full of players they ultimately they could not afford, loving every moment of this.

[ACLeith]

If it reached a Hibs player it would have been a momentous occasion to be fair.

:top marks :not worth

[Phil D. Rolls]

"A wee trip to division one would be like the good old days. Wouldng be too bad for 1 season."


wee belter from kickback, all is barry :aok:

Aw bless......:faf: It probably wouldn't be as bad if it didn't involve Divisions 3 and 2 first.

[Northernhibee]

A year ago we were battling to save our club from relegation.

Twelve months on if Hearts go into admin we have two chances to relegate them.

If Carlsberg did progress...

[truehibernian]

"A wee trip to division one would be like the good old days. Wouldng be too bad for 1 season."


wee belter from kickback, all is barry :aok:

And their arrogance knows no bounds either - Hearts and Hibs would struggle to get out that division first time of asking if I'm being honest. It's a difficult league with some tricky games - QoS, Falkirk, Morton, Nid's Dumbarton, Livi and possibly Dunfermline if they survive. Every game against Hearts would be treated like a cup final with extra effort put in. With Hearts full of inexperience I'm not so sure they'd come up trumps first time of asking.

I'm a cynic too - Rangers needing some 'limelight', Hearts destined for a lower division, Ogilvie within the echelons of the SFA and links to both clubs, and David Southern 'playing ball' with the other SPL chairmen (he seems to have put himself above the trenches of Tynie more so recently than before) - sounds a good time to resurrect the SPL2 idea to me :rolleyes: Sponsors would love a league with both Hearts and Rangers in it, below the top league. With play-off's at the end of season too - all their Christmases come at once :cb

[greenginger]

Just drove down Mcleod Street past the PBS and there is a Satelite TV van parked in their car park primed and ready for broadcast.

Is some news expected ? cake bake sales results ..... New World Cup Star signing .... :greengrin

[MrSmith]

Just drove down Mcleod Street past the PBS and there is a Satelite TV van parked in their car park primed and ready for broadcast.

Is some news expected ? cake bake sales results ..... New World Cup Star signing .... :greengrin

Champions League Cup parade??

[21.05.2016]

Just drove down Mcleod Street past the PBS and there is a Satelite TV van parked in their car park primed and ready for broadcast.

Is some news expected ? cake bake sales results ..... New World Cup Star signing .... :greengrin

Time to roll out wee fat robbo in front of the cameras again to read out his usual patter that everything is fine, keep giving us your money hearts fans, no problems here etc etc.

[itslegaltender]

#allisbarry is now greeting on twitter. @barryanderson_8 Feel free to send your love. Thinks its terrible that fans of other teams are celebrating the demise of another...

Barry Anderson‏@BarryAnderson_86h (http://www.hibs.net/BarryAnderson_8/status/329147112535244800)Some football fans desperate for #Hearts (http://www.hibs.net/search?q=%23Hearts&src=hash) to enter administration. Baffling. Witnessed it at other clubs - horrible for players & staff. 1/2

[Thecat23]

Just drove down Mcleod Street past the PBS and there is a Satelite TV van parked in their car park primed and ready for broadcast.

Is some news expected ? cake bake sales results ..... New World Cup Star signing .... :greengrin

Prob one of those tv licance vans, checking to see if they have paid up!!! :D

[jonty]

Just drove down Mcleod Street past the PBS and there is a Satelite TV van parked in their car park primed and ready for broadcast.

Is some news expected ? cake bake sales results ..... New World Cup Star signing .... :greengrin
£10 million war chest :agree:

[21.05.2016]

#allisbarry is now greeting on twitter. @barryanderson_8 Feel free to send your love. Thinks its terrible that fans of other teams are celebrating the demise of another...

Barry Anderson‏@BarryAnderson_86h (http://www.hibs.net/BarryAnderson_8/status/329147112535244800)Some football fans desperate for #Hearts (http://www.hibs.net/search?q=%23Hearts&src=hash) to enter administration. Baffling. Witnessed it at other clubs - horrible for players & staff. 1/2

As I said earlier, yes we despise hearts and want to see them suffer but it's also about justice and fairness. Hearts have cheated and lived beyond their means for years to get ahead whilst the rest of us have had to cut back and live within our means and not been splashing out ridiculous, unaffordable sums of money on players. Therefore, it is only fair that hearts are punished for this cheating, if they are not then what kind of message does it send out?! Aye just break the bank, don't pay what your due etc etc because it's ok nothing will happen to you!

[SaulGoodman]

#allisbarry is now greeting on twitter. @barryanderson_8 Feel free to send your love. Thinks its terrible that fans of other teams are celebrating the demise of another...

Barry Anderson‏@BarryAnderson_86h (http://www.hibs.net/BarryAnderson_8/status/329147112535244800)Some football fans desperate for #Hearts (http://www.hibs.net/search?q=%23Hearts&src=hash) to enter administration. Baffling. Witnessed it at other clubs - horrible for players & staff. 1/2

If I had Twitter I'd be telling him how I think it's terrible that teams cheat and spend out with their means while other teams around struggle and play by the rules.

[green glory]

#allisbarry is now greeting on twitter. @barryanderson_8 Feel free to send your love. Thinks its terrible that fans of other teams are celebrating the demise of another...

Barry Anderson‏@BarryAnderson_86h (http://www.hibs.net/BarryAnderson_8/status/329147112535244800)Some football fans desperate for #Hearts (http://www.hibs.net/search?q=%23Hearts&src=hash) to enter administration. Baffling. Witnessed it at other clubs - horrible for players & staff. 1/2

He's completely missing the point though. Of course it's horrible. Except when it's Rangers and Hearts.

Then it's ****ing hilarious.

[Green Blood]

http://i599.photobucket.com/albums/tt80/russkay/Unknown-5_zps2751f1bd.jpg (http://s599.photobucket.com/user/russkay/media/Unknown-5_zps2751f1bd.jpg.html)

Taxi for Blobbo!!


Time to roll out wee fat robbo in front of the cameras again to read out his usual patter that everything is fine, keep giving us your money hearts fans, no problems here etc etc.

[SaulGoodman]

Imagine if they strip their trophies, we win the cup this year and then it turns out we won it two years in a row :duck:

[#FromTheCapital]

#allisbarry is now greeting on twitter. @barryanderson_8 Feel free to send your love. Thinks its terrible that fans of other teams are celebrating the demise of another...

Barry Anderson‏@BarryAnderson_86h (http://www.hibs.net/BarryAnderson_8/status/329147112535244800)Some football fans desperate for #Hearts (http://www.hibs.net/search?q=%23Hearts&src=hash) to enter administration. Baffling. Witnessed it at other clubs - horrible for players & staff. 1/2

I wouldn't feel sorry for any playing staff at hearts, maybe a wee bit sympathy for admin/office staff but at the end of the day they would of all known about the shambles they were joining when they signed up.

[Northernhibee]

Allisbarry should remember that this isn't an injustice, it's not a sign of the demise of Scottish Football, it's not Scottish Footballing armageddon, it's justice.

If Hearts do go bust this season we're going to have to put up with headlines about how Scottish Football is in crisis what with Oldco last season and Jevco this season. It's nothing of the sort, it's Scottish football sorting itself out. Whilst clubs like ICT, Ross County and St Johnstone are living within their means and riding high in the SPL, the teams who tried to spend money they don't have in the chase of perceived success have found out that what goes up must come down.

This seasons SPL has been one of the most competitive in years. With one team who spent well beyond their means starting over in division three this season and the other financially impotent we've seen a clean, fair battle for European places and seen some great football and quality young players as a result. St Mirren won the league cup and they deserved it, it's a meaningful victory for them as they've put up with years of pain for that one opportunity to get a great result as opposed to looking for quick fixes and showing a lack of patience.

The reason why other SPL clubs should be entitled to laugh should we see Hearts go into admin is because it's not a case of 'we didn't see it coming', they've had countless opportunities to do something about it. Alarm bells rang in the winter of last year yet they failed to significantly cut costs and indeed also signed Craig Beattie. They've paid astronomical wages for the likes of Nade, Skacel, Oboua and so forth whilst racking up mountains of debt which has hardly been kept a secret. It's like a car crash in slow motion where they can see themselves headed for an impact yet do nothing to avoid it whatsoever.

Allisbarry can keep quiet, there are plenty of teams who have lost to a team of players that were way beyond the price range of the team who played them. Nobody is shedding a tear for them, and they in return won't shed a tear if Hearts do indeed go into admin.

[Saorsa]

I wasn't joking. He prints what he's told.

The reference to Hearts admitting that admin is a possibility will disappear shortly :wink::agree:

:singing: He prints what he's told,
He prints what he's told,
allisbarry,
He prints what he's told

[HUTCHYHIBBY]

A year ago we were battling to save our club from relegation.

Twelve months on if Hearts go into admin we have two chances to relegate them.

If Carlsberg did progress...

We've not made that much progress and it certainly shouldnae be measured against that basket case of a club!