Why delay it for another week then if it's to be accepted? Surely something in that?
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If tynie is indeed worth much more than 2.5M then we shouldn't be surprised of a higher offer coming in.Ruthless businessmen won't let an easy buck go.it's a dog eat dog world and Hearts are a poodle on a rottweilers breakfast plate.
HMRC have no influence ? HMRC have over 50% of the non-connected creditors vote which would block a CVA if HMRC vote against it. A no- vote is almost a certainty given the yam circumstances.
BDO know this and to prevent it the say UBIG and Ukio are now not connected because they too are in administration. This is a nonsense opinion with no grounding in law, regulation , or precedent and I would fully expect HMRC to appeal the opinion should it come to that.
There is no money in it for HMRC but they won't like their vote being negated by a con-trick or a piece of dodgy precedent on the record that may cause problems in other CVA cases years down the line.
HMRC could have a deciding influence if they so choose.
What a fantastic Friday this has turned out to be :agree:
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:agree: Who they hold responsible is irrelevant, their only duty is to get the best possible outcome for the creditors of UBIG and Ukio and whether they believe the FoH offer to be the best available remains to be seen.
It's also worth remembering that they are not working with BDO in the yaministration, they're working in direct opposition to them - they want the highest sum of money they can get.
Wonder if they go tits up before the semi if we'll get their place?:greengrin
This is like a 5 set tennis slam final. After racing into a 2 set lead it looked like Justice could wrap up a straight sets victory. Over the past few weeks, the Thief's have managed to claw it back to two sets each. This final game in the deciding set has been at Deuce for a while now, could it now be Advantage Justice???
Can someone find George Foulkes, Gary MacKay, Fat Robbo, Locke, Skacel and film each of them as they hear of the news in Sergeys post, turn them into gifs and post them here thanks.
GIRUY
Has the news leaked onto JKB yet or is all still sunny in La La Land?
Hearts new travel club ?
http://www.heartsfc.co.uk/articles/2...241384_3546402
The Bus :faf: