Apologies, my memory must be fading.Quote:
Originally Posted by robinp
Not a lot I will wager, some as much as me.Quote:
Originally Posted by Ozyhibby
Messy indeed !Quote:
Originally Posted by macca70
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Apologies, my memory must be fading.Quote:
Originally Posted by robinp
Not a lot I will wager, some as much as me.Quote:
Originally Posted by Ozyhibby
Messy indeed !Quote:
Originally Posted by macca70
Total debt seems to have gone up to £33m, if I am reading it correctly.
However, not sure how to identify the "new shareholders".
That'll be a donation then :greengrinQuote:
Originally Posted by robinp
So all the players that are 'creditors' is the un-paid wages at the point of going into admin?Quote:
Originally Posted by CyberSauzee
some big bucks there (though, it just shows the daft wages they got I guess!)
****.
CHEATS.
You're a star!! I see the players are listed! Will these ( their shareholding ) now become football debts? Pleasing!!
Quote:
Originally Posted by Peevemor
and stops wearing her clothes
Mr Michael Ngoo £4.34Quote:
Originally Posted by CyberSauzee
Bumped for his total worth.
Excellent stuff in there.Quote:
Originally Posted by CyberSauzee
:thumbsup:
Just starting to read but could I guess as these sums from the new shares, which has gone to Lithuania, would have been off set against sums de to UKIO/UBIG/A.N. Other Mad Vlad organisation ?Quote:
Originally Posted by CropleyWasGod
Reading that suggests that David Southern abstained from the vote.
I'm sure that will down well across by :greengrin
1. The Joint Administrators instructed Jones Lang LaSalle (“JLL”) to provide a valuation of Tynecastle Stadium. So as not to prejudice the current sale process, the valuation provided by JLL has been excluded from this report.
For me this is a bit of a cop out from BDO. They're not putting it in so that people like us can't see it and kick up a fuss IMHO. I fail to see how disclosing this would prejudice the current sale process, surely BDO have told UKIO and UBIG the valuation that was received, FoH had their own valuation done and any property developer worth his salt will be able to put a valuation on the land, so the only people this is being kept from is us mere mortals who assume that the land is worth more than the £2.5m FoH are offering for the club.
scottish water £10,300+ that's a lot of showers
PBS book value before admin of £13.75M. "Estimated to realiase - Uncertain"
Profit & Loss, accumulated, 47.4M (losses)
Truely, disgusting.
I can't find the list of shareholders, is it every person who bought shares in the share issue that's listed?
The known creditors list has changed from the first one issued quite a bit. All the charities have disappeared, but I'd want to know how the debt to Heriot Watt has jumped to £5.1m and why they then weren't represented at the creditors meeting!
You'd have to imagine that many of the people listed on pages 15 - 38 aren't too happy about having their names, addresses and amount owed to them freely available to the public.Quote:
Originally Posted by CyberSauzee
Never mind :greengrin
How can they rent flats from Edinburgh Council ?
Surely council flats are rented out on a points system, and I don't believe footballers are awarded many points using this system ?
:confused:
A write off more likely :greengrinQuote:
Originally Posted by GordonHFC
I could not agree more - Liths get your own valuation done or speak to Cuddly Bob !Quote:
Originally Posted by Sergio sledge
There may have been a lot of Single Fish to clear away.Quote:
Originally Posted by cabbageandribs1875
I would imagine there would be a lot of take away Pizza being delivered to an address in East Calder soon.Quote:
Originally Posted by Mikey
That's got to be a mistake...............Quote:
Originally Posted by Barney McGrew
The charities debt has been settled by someone on Kickback hasn't it? So they probably removed their claim.Quote:
Originally Posted by Barney McGrew
Did they not renegotiate the lease with Heriot Watt? It could be that they have entered the value of the remaining 16 years of the original lease as a claim because technicaly they broke the terms of the contract? (£320k per year)
You would assume that, considering they have negotiated a new lease, they were happy to leave it on the books as a debt but not bother to vote as they are going to get their money anyway.
Couple of people I know in there in the admin staff debts, one in particular, who need that money with Xmas approaching. And they'll no see a penny. For them, I do feel genuinely sorry.Quote:
Originally Posted by Mikey
Interesting question. A staggering amount.Quote:
Originally Posted by Barney McGrew
Turns out I know one of the guys on the creditors list through Mrs Mikey. He's a big Hearts guy but I know he'll be missing the £3.5k-ish that he's due.Quote:
Originally Posted by magpie1892
And won't get!
Why would Gary Locke's team need water for showers?Quote:
Originally Posted by cabbageandribs1875
:confused:
I think all of that is correct.Quote:
Originally Posted by Sergio sledge
I feel too for those innocents who have been done by the cheats.Quote:
Originally Posted by magpie1892
Just north of £114k owed to Mr Andrew Driver. How much was he on?
These debts to players must surely count as football debt?
Interesting reading in section 3 on the second page –
“the costs & expenses of the administrators shall be settled partially from any outstanding trading receipts at the point of the joint administrators discharge from office” ….
Later followed by clarification –
“For the avoidance of doubt, any payment of this nature would exclude 2013-14 season ticket monies”.
What this seems to be saying is that some of the administrators’ fees will come out of the income (not including 13/14 season ticket money) of HOMFC PLC i.e. walk up money, TV revenue, cup matches, retail, player sale etc. This goes totally against what was said at the beginning – All fees would come out of the money due to the secured creditors.
:cb
Quote:
Originally Posted by green glory
it's maybe for personal use :0