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Some tweets lifted from the FOH twitter.
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The press are speculating today on liquidation. This is nothing new as we have always known if deal fails that was a possibility....(1/3)
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Meetings of 7th April r critical in getting agreement. Fridays meeting was postponed to then to allow UBIG & UKIO to be done together (2/3)
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BDO and others will be working round the clock this week to smooth agreement. We are confident common sense will prevail. (3/3)
With these jammy *******s having rode their luck for decades, what are the potential things that could happen that could see the CVA being approved and everything going their way?
Sorry if this is a simplistic question, but with what they got away with yesterday (penalty and legit goal) I just don't want to see this mob somehow get away with not being liquidated.
Some people have the ability to multi-task. I can be p****d off at yesterdays game and still be happy in the knowledge that the joy our repugnant neighbours felt at reducing the deficit on the rest of the league to a mere 18 points will soon be replaced by the cold reality is that it may well be the last time it happens for a generation.Quote:
Originally Posted by Sammy7nil
Not in the slightest embarrassed by the thread
Wasn't BJ over in Lithland just a few weeks ago and came back without saying a word? ( that sounds promising not).
Anyway i'm sure they have his number and will call when something happens.Tick tock.
Technically 1 & 3 go hand in hand. I'd give 500/1 on #2 though.Quote:
Originally Posted by nribs
Love the use of that most hated (well by me, anyway) phrase 'common sense'. Generally used by people who can't believe that anyone could possibly disagree with their own opinion! Would it not be 'common sense' to reject the offer and sell the land; thus recouping more funds to pay creditors?
:agree: It's a childish tactic used by amateurs. Implying your opponent is less intelligent for taking the route you want them to avoid with no evidence to back it up.Quote:
Originally Posted by MartinfaePorty
According to the BBC red button text service 'BDO are waiting for UBIG's 50% shareholding to be transferred for a fee of around £2.5m.'
Really??
Bet u didn't know that - clowns.
I'm an MP has spoken - little surprise that he jumped ship, eh!
http://www.scotsman.com/news/scotlan...soon-1-3359252
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“If the 7 April meeting either doesn’t take place or isn’t very positive, then I think everyone has known for some time that liquidation is a possibility,”
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“We are all worried. We want to get this over the line. It’s been going on too long now and the information coming out of Lithuania is inconsistent or incomplete.
They wouldn't listen - but it's now sinking in.Quote:
There is nothing we can do about it.
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Originally Posted by Sergey
“If we move towards liquidation, the creditors get nothing at all. It should be in their interests to agree this CVA as quickly as possible,” Foulkes told the Evening News.
Still peddling this nonsense in the hope the Liths will forget about the security on Tynie.
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Originally Posted by Sergey
It ain't over till the fat self-serving politician squeals....
Yep, this has been irritating me as well. It`s garbage. The only creditor getting anything anyway is UKIO. An asset sale wont change that, in fact they`d get more if the whole lot was sold for something closer to it`s true value.Quote:
Originally Posted by BarneyK
Trying to frighten the Liths into accepting sweetie money by suggesting they`ll get nowt if a liquidation takes place. Surely the Lithuanian admins and creditors wouldn`t be so utterly stupid they`d believe this pish...
We would hope not given they are in this very business. BDO, FoH and Foulkes are using tactics that it seems the lith admins aren't going to fall for it. Friday was the first real chance they've had to look over this and make a decision and they said "something smells fishy".Quote:
Originally Posted by SurferRosa
Remember last week when it was green lights and rubber stamps all the way?
I am sure that with a number of small contributions from netters, we could commission a desk top valuation for the land at the PBS from the likes of Ryden.
Cala aren't interested anymore as they have shifted their model to high value detached houses. Tesco are unlikely to be interested either as they are developing the smaller convenience shops. In any case, that area is now saturated with Supermarkets.
The most likely source of a buyer would be from down south. They would not be influenced by any political nonsense and would see the potential of a piece of land so close to the city centre. BDO said in their report that it would fetch £7.5m without the distilllery issue (which we know is nonsense) and the hordes of marauding football thugs (similar nonsense).
I would think that at £7.5m, the budgie interest would disappear like feathers off a dead parrot. It could conceivably go for more though and, if I was a creditor, I would want a truly independent report free of any BDO influence.
Just on the radio a real chance of liquidation if the meeting keeps getting delayed,here's hoping eh
The Hibs.net financial dudes told us this eons ago.Quote:
Originally Posted by leggeto
I know but its good to hear it again,especially after that yesterdayQuote:
Originally Posted by Waxy
Its the rubber stamp i feel the most sorry for.
He has been well and truly led up the garden path and even reassured by his mate the green light.
What's the future for him now? Its the little people that come of worse in this sort of mess.
Also...has anyone checked in with Bulgaria? I fear the tears will have stopped flowing....
Rubbish they were out of admin before Christmas. A gasman told me!!Quote:
Originally Posted by leggeto
Platini will launch a full blown EUFA investigation if British Government Officials force through the CVA in Lithuania. It will be seen as State Aid giving Hearts an unfair financial advantage over their Champions League rivals Barcelona, Bayern Munich and Juventus.
I see the clowns have dropped the story from the main football headlines and amended the Round the UK Scotland article to omit the nonsense about £2.5 mil. £50,000 isn't it?Quote:
Originally Posted by mim
This thread is informative and a healthy diversion from our own problems.Quote:
Originally Posted by Sammy7nil
What I find embarrassing is that Scotland's MSM do not have the guts and/or motivation to research and publish information readily available as highlighted by CWG and Bajilions et al.
I'm still confident that in the absence of the 'rubber stamp' and the 'green light', 'common sense' will prevail. After all, if Hearts are liquidated then their trophies might be rescinded, resulting in Germany claiming WW1 & WW2 and everybody having to wear jackboots. China, who dominate the shoe industry, would hold a gun to the head of the west. Nope, way too much at stake here.
EEN - "Hearts administrators BDO will enlist political help in an effort to save the Edinburgh club following crunch talks at Tynecastle yesterday" bla bla bla. It goes on to say Foulkes has already petitioned Lith's UK ambassador for help & is "helping" arrange for Jackson to meet him in person this week. "He admitted he was concerned about the prospect of Hearts being liquidated if the shares are not transferred to prospective owner Ann Budge in the next few weeks, despite a CVA being agreed in November." HO HO HO. They are s******* themselves now. Foulkes running around trying to make out he is the saviour when he was instrumental in them being in this mess in the first place. I know we don't have our problems to seek at HFC, but thankfully nowhere near as serious as this. Pleasing. :greengrin
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Originally Posted by BarneyK
:agree:
This is now the official phrase to be recited by all, in an attempt to deflect reality. It's now been said by Foulkes and Murray, and is being repeated ad-infinitum on the Scotsman comments.
They do sound desperate.
I think Lithuania as a country have more pressing issues now than a couple of mil from Escotia !Quote:
Originally Posted by Bajillions
That is a bit hash on slavering eejits.Quote:
Originally Posted by #FromTheCapital
Oh can I play this game ?Quote:
Originally Posted by nribs
would give short odds on 3 days after the season finishes.Quote:
Originally Posted by Bajillions
Not quite true, one creditor will, relatively speaking, do quite well.Quote:
Originally Posted by BarneyK
or gets Colin NishedQuote:
Originally Posted by Dashing Bob S
It will disappear at about £3.5m in my opinionQuote:
Originally Posted by Seveno
Why thank you- keep the faithQuote:
Originally Posted by Waxy
That will be the first Christmas after the big LQuote:
Originally Posted by nribs
They cheated and lied their way into administration and now they are trying to cheat and lie their way out of it. All too believeable.
I also note that house prices near the Tram fiasco are to increase, given the PBS is close to the Murrayfield stop could raise a bit move value. Could be the only 'good' aspect of the tram!!Quote:
Originally Posted by Seveno
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Originally Posted by Seveno
The maximum value of the PBS can only be ascertained when the site has been completely cleared, and any stigma attached to depriving the Famous of a home has been removed.
Developers will be able to work with the planning dept. to get the maximum value from the site.
in other words get Scotdem in before advertising the dump. :greengrin