Share Transfers Agreed/Cooling off period

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17-06-2013, 06:05 PM
Northernhibee

Quote:

Originally Posted by Craig_HFC

The date today?

17-06-2013

Tears. Actual ****ing tears.

Wonderful. :top marks:lolyam:
17-06-2013, 06:07 PM
therealgavmac

I love this!!!!! :greengrin

http://www.youtube.com/watch?v=62JPMJaHHaw
17-06-2013, 06:08 PM
Speedway

Team 12 have lodged court papers filing for admin.

It is here.
17-06-2013, 06:08 PM
Velma Dinkley

Quote:

Originally Posted by Purehibee_MYB

Surely its some Hibee's birthay somewhere.. what a gift to get!

My best mate, who is also a Hibee, just became a dad today to a wee baby Hibee girl. He should be able to remember this date :flag:
17-06-2013, 06:09 PM
Hibby

Liquidate

http://upload.wikimedia.org/wikipedi...0_Redesign.jpg"Liquidate" "Liquidate" "Liquidate"":flag:
17-06-2013, 06:09 PM
Craig_in_Prague

Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.
17-06-2013, 06:10 PM
therealgavmac

Quote:

Originally Posted by Craig_in_Prague

Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

:faf:
17-06-2013, 06:11 PM
Hibernia Na Eir

they can ram their horrible colours where the dead fat Tory doth reside.

Away and just DIE horrible club.
17-06-2013, 06:11 PM
GordonHFC

Quote:

Originally Posted by the_ginger_hibee

I'm glad this guy knows whits gon on'
http://www.scotsman.com/sport/footba...arts_1_2058934

:not worth:aok::greengrin

I know that clown Rigby. He used to manage the Hewlett Packard football team in the 1980s. He will be pishing his little jambo pants tonight I guaranree it.
17-06-2013, 06:12 PM
Speedway

http://www.bbc.co.uk/sport/0/football/22944291

It's what the big clubs do.
17-06-2013, 06:12 PM
SMAXXA

Quote:

Originally Posted by Craig_in_Prague

Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

:faf::faf::faf::faf::top marks
17-06-2013, 06:13 PM
Northernhibee

The most imporant thing;

Have they received their share certificates yet?
17-06-2013, 06:13 PM
greengnome

:faf::faf::faf::faf::faf::faf::faf::faf: The tears are rolling down my face here...........

Dear Dad..... Thank you for ensuring I was a Hibby :wink:

Keekback just keeps giving....!

Posted Today, 17:14Ian Murray on STV saying "go on website pledge to FOH and well put in a bid"? http://www.hmfckickback.co.uk/public...omanovpalm.png

Forget about FOH, they've no ****** money!!!
17-06-2013, 06:13 PM
Hibernia Na Eir

Nae new deal for captain marvel Webster then. Shame, the piss lover wanted him to stay SO badly.

pear shape time has arrived comrades :)
17-06-2013, 06:14 PM
Part/Time Supporter

Quote:

Originally Posted by Speedway

http://www.bbc.co.uk/sport/0/football/22944291

It's what the big clubs do.

I see that they've now corrected McLauchlin's ridiculous mistake about the points penalty.

Now reads: "It means Hearts will start next season in the top flight with a deduction of 15 points."
17-06-2013, 06:15 PM
Gus Fring

Hearts fans are clinging to the hope that they are going to be debt free. I'm trying to be as unbiased as possible but i cant see how they can get out of this. There are just too many obstacles in their way.

As has been said, it's entirely possible that when the Administrator gets in there tomorrow or Wednesday they decide it's better just to liquidate them. Hearts were already struggling to meet the start of the season, an Administrator has even less options available in that regard.
17-06-2013, 06:15 PM
mca

Quote:

Originally Posted by Craig_in_Prague

Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

Heard that Davie Dodds might be oan his way down to lend some support... :wink:
17-06-2013, 06:15 PM
Craig_in_Prague

Quote:

Originally Posted by Part/Time Supporter

I see that they've now corrected McLauchlin's ridiculous mistake about the points penalty.

Now reads: "It means Hearts will start next season in the top flight with a deduction of 15 points."

Should it not read "If Hearts exist at the start of the season".... "
17-06-2013, 06:16 PM
McPhisto2

Quote:

Originally Posted by GordonHFC

I know that clown Rigby. He used to manage the Hewlett Packard football team in the 1980s. He will be pishing his little jambo pants tonight I guaranree it.

Aye I knew of him too, worked there in early 2000's, couldn't agree more.....
17-06-2013, 06:16 PM
silverhibee

That trumpet "I am MP Murray" said on the STV news that they sold £1.7m in shares.

"Show us your money"

:lolyam:
17-06-2013, 06:17 PM
God Petrie

Quote:

Originally Posted by DarrenSQH

Edinburgh South MP Ian Murray, who is chairman of the Foundation of Hearts Supporters' Group, said he was "shocked" by the developments.

:na na:

In the same quote he says it was inevitable. Not the brightest.
17-06-2013, 06:18 PM
Mon Dieu4

I've just been to the cashline and its official, i have more money than the Yams
17-06-2013, 06:18 PM
John_the_angus_hibby

1 Attachment(s)

Attachment 10287

Remember this plum?
17-06-2013, 06:19 PM
greengnome

Quote:

Originally Posted by mca

Heard that Davie Dodds might be oan his way down to lend some support... :wink:

And wee fat Robbo is nowhere to be found.... Probably still scoffin' the rest o' the buffet in the Gorgie Suite

:jmcp:..... C'mon then if ye think yer big enough......
17-06-2013, 06:19 PM
Www1875hfc

Paul Gascoigne has turned up at Tynecastle wi a fishing rod and a chicken. :cb
17-06-2013, 06:19 PM
Sanger

Quote:

Originally Posted by Bajillions

Hearts fans are clinging to the hope that they are going to be debt free. I'm trying to be as unbiased as possible but i cant see how they can get out of this. There are just too many obstacles in their way.

As has been said, it's entirely possible that when the Administrator gets in there tomorrow or Wednesday they decide it's better just to liquidate them. Hearts were already struggling to meet the start of the season, an Administrator has even less options available in that regard.

They will be debt free except in Div 3 renting the Spartan's ground!
17-06-2013, 06:20 PM
EuanH78

Quote:

Originally Posted by Purehibee_MYB

Surely its some Hibee's birthay somewhere.. what a gift to get!

Was my birthday yesterday. I'll take it :D
17-06-2013, 06:20 PM
HibeeMG

Jack Daniels knew:

https://www.facebook.com/jackdaniels?fref=ts

"Raise a glass to character and integrity"

"No dress code. Just wear black"

"Time to gather for good times. You're invited"

"Keep doing the right thing"

"Man up. Own your choices"
17-06-2013, 06:21 PM
vincipernoi

Quote:

Originally Posted by Russian Hibs

Can someone help me as the maximum is only £100 I want to pledge more, much more than this, I did it my way!:hibees

my two email addresses have both got hibs references

is there any way you can pledge to fight the good fight without it being too obvious?
17-06-2013, 06:21 PM
7062

What would be the trigger for liquidation to happen? Is it simply just down to not having funds to trade day to day? I'm thinking not as they're already in that position?

A 15 point penalty is nowhere near enough of a punishment in my opinion. Liquidation and punted to div 3 (I know that technically it would be a new co) is what I'm wanting to happen.

I'd not complain if there was liquidation and then that was the end of them either though!
17-06-2013, 06:21 PM
LeighLoyal

At least they can get in Daniel Cousin.
17-06-2013, 06:23 PM
MyJo

1 Attachment(s)

Attachment 10288

17062013
17-06-2013, 06:23 PM
Hibercelona

They're blaming Robinson for all this mess. And down right refuse to place any on the mad one. :faf:
17-06-2013, 06:23 PM
kdhibees1

Quote:

Originally Posted by Mon Dieu4

I've just been to the cashline and its official, i have more money than the Yams

Do you have a maxed out overdraft of £24.9mil??
17-06-2013, 06:23 PM
mca

Quote:

Originally Posted by greengnome

And wee fat Robbo is nowhere to be found.... Probably still scoffin' the rest o' the buffet in the Gorgie Suite

:jmcp:..... C'mon then if ye think yer big enough......

Aye.. It`s All-You-Can-Eat Night at the some Restaurant nearby..:wink:.
17-06-2013, 06:23 PM
GordonHFC

Quote:

Originally Posted by McPhisto2

Aye I knew of him too, worked there in early 2000's, couldn't agree more.....

One of those annoying wee bald Hearts fuds that everyone hated :-)
17-06-2013, 06:24 PM
Andy74

Quote:

Originally Posted by Hibercelona

They're blaming Robinson for all this mess. And down right refuse to place any on the mad one. :faf:

Their logic seems to be the debt is the same now. Give or take the £40 million or so written off or swapped for equity that might be about right.
17-06-2013, 06:24 PM
essexhibee

Quote:

Originally Posted by Hibercelona

They're blaming Robinson for all this mess. And down right refuse to place any on the mad one. :faf:

I saw this. Literally incredible. :confused:
17-06-2013, 06:24 PM
Lester B

Quote:

Originally Posted by Wotherspiniesta

And now then end is near
And so you face the final curtain.
We're Hibs
You call us queer
But we stand tall
You're down and hurtin'.
To Vlad
All Hibees thank
You sucked them dry, all is now barry.
But more, much more you jest,
You bought Christian Nade.

Utter Genius sir:not worth
17-06-2013, 06:24 PM
Mon Dieu4

Quote:

Originally Posted by kdhibees1

Do you have a maxed out overdraft of £24.9mil??

I prefer to loan myself the money, that way you owe it to yourself
17-06-2013, 06:24 PM
BH Hibs

1 5
points off ya shower of *****.

GIRFUY
17-06-2013, 06:25 PM
Gus Fring

Quote:

Originally Posted by desantos0773

They will be debt free except in Div 3 renting the Spartan's ground!

No chance. If Hearts get a 3rd division place before Spartans there is no way they would rent the ground to them.
17-06-2013, 06:25 PM
Northernhibee

Imaginary certificates for imaginary shares :lolyam:
17-06-2013, 06:26 PM
mca

Quote:

Originally Posted by Www1875hfc

Paul Gascoigne has turned up at Tynecastle wi a fishing rod and a chicken. :cb

And Nae Beer... :faf:
17-06-2013, 06:27 PM
Sanger

Quote:

Originally Posted by 7062

What would be the trigger for liquidation to happen? Is it simply just down to not having funds to trade day to day? I'm thinking not as they're already in that position?

A 15 point penalty is nowhere near enough of a punishment in my opinion. Liquidation and punted to div 3 (I know that technically it would be a new co) is what I'm wanting to happen.

I'd not complain if there was liquidation and then that was the end of them either though!

see my post on what administration means. But admin will try and sell HMFC as whole first before liquidation. Has eight weeks to analysis the situation but will have to pay everyone off now as no cash flow and no overdraft facilities.
17-06-2013, 06:28 PM
Gus Fring

Quote:

Originally Posted by 7062

What would be the trigger for liquidation to happen? Is it simply just down to not having funds to trade day to day? I'm thinking not as they're already in that position?

A 15 point penalty is nowhere near enough of a punishment in my opinion. Liquidation and punted to div 3 (I know that technically it would be a new co) is what I'm wanting to happen.

I'd not complain if there was liquidation and then that was the end of them either though!

They are in that position just now but aren't being run by someone who will abide by the letter of the law. This is precisely what makes me think they won't survive. August is a fair bit away.
17-06-2013, 06:28 PM
3pm

Follow @JKBmeltdown on twitter #****ed
17-06-2013, 06:28 PM
macca70

Not entirely sure of the in's and outs of an 'Adminastrator' and there exact role but surely any legitimate accounting type company going into Tynie to act as an adminastrator has no choice but to liquidate them.

They're due money all over the place and its big hefty sums, not just a few hundred here and there.

Can't see HMRC accepting any less than the agreed plan they already have and the Lithuanian adminastrators are going to want as much as the can get from hearts.

Get them shut doon, they deserve everything they get.
17-06-2013, 06:28 PM
Part/Time Supporter

Quote:

Originally Posted by 7062

What would be the trigger for liquidation to happen? Is it simply just down to not having funds to trade day to day? I'm thinking not as they're already in that position?

A 15 point penalty is nowhere near enough of a punishment in my opinion. Liquidation and punted to div 3 (I know that technically it would be a new co) is what I'm wanting to happen.

I'd not complain if there was liquidation and then that was the end of them either though!

Whatever they are due to pay right now (eg the £1.5M settlement with HMRC) will be frozen and they won't have to pay. Administration gives them a little bit of breathing space because of that, but they will have to generate enough cash to pay the costs they incur from now (mainly wages and taxes). Problem is, as the club itself has pointed out, is the next significant incomes aren't due for another 6-7 weeks, when the SPL season starts. Their only hopes are that fans start buying tickets in significant numbers, or possibly that FOH (or other groups) generate some cash and pass that onto the club.
17-06-2013, 06:29 PM
HFC 0-7

So for this to work, the admins have to work out how much money is owed and to who, then, they need to find a buyer who can pay cash up front. Then they need to go out to the creditors with an offer and get them to agree. All of this when the company has zero cash and no income! I just cant see how the admins can come in and NOT say that ceasing to trade is the only option!

FOH seemed to be the front runner for a takeover but it will take quite a bit of time for them to get all those pledges in. Bear in mind they are wanting them to sign up to Direct debits. It will take a few days if not weeks to get the DD's set up, then people will probably want the DD's to come out on a specific date so they will have to wait further for the money to be paid.
17-06-2013, 06:30 PM
Bostonhibby

Quote:

Originally Posted by Heraghty's

And may I add . . . . :bye:

Tonight, Shaun, I will be having a drink with a big smug grin on my coupon.
Enjoy the Lowland League. :fenlon

Strong rumour doing the rounds that wee shaun is so traumatised he has had to stop playing with himself.

He'd be making a bid for the club if only he hadn't posted his stamp collection and piggy bank of to Lithuania when the begging bowl came around last time. Don't think he will be posting any more of his rather smug and plainly wide off the mark diatribes as whilst he is waiting for CBBC to come on he is currently doing a re - enactment of 1-5 with his lego and subbutteo men to raise funds, one man and a sheep in rural Norfolk have signed up to watch.
17-06-2013, 06:30 PM
Velma Dinkley

I hear Kevin Kyle will be paraded at the official administration ceremony.
17-06-2013, 06:31 PM
HFC 0-7

Quote:

Originally Posted by desantos0773

see my post on what administration means. But admin will try and sell HMFC as whole first before liquidation. Has eight weeks to analysis the situation but will have to pay everyone off now as no cash flow and no overdraft facilities.

How can they pay people off? They dont have any money. If things are as bad as everyone is saying, they have zero money. How can they even put the lights on and heat the place for 8 weeks? How can the admins be paid?
17-06-2013, 06:32 PM
Leishy1995

Spartans have joined the Lowland League with Selkirk. Wouldn't hearts be required to start there?
17-06-2013, 06:33 PM
pedroorange1875

Worrying times ahead for hibs supporter

I understand i might take a huge amount of stick here for buying into this, but i am really worried as i have purchased a ticket for this

http://www.heartsfc.co.uk/articles/2...241384_3211983 (posted today)

Now i know is very funny for everyone, but i was banking on being dead cert for this £25K and in fact have gone and bought various high profile and expensive items that i would normally not be able to afford if i was being sensible.

I was think about starting a poll about if i will get my winnings or not.

Please help

Mr I M Concerned
17-06-2013, 06:33 PM
Billy Whizz

Quote:

Originally Posted by Bajillions

No chance. If Hearts get a 3rd division place before Spartans there is no way they would rent the ground to them.

Doubt they can play on in in the SPL, as its astro. However in Div 3 its ok!
17-06-2013, 06:33 PM
Sudds_1

Quote:

Originally Posted by norwayhibs

Apparently some on kickback think it's Rod's fault.........

If yo really want to have a go at someone try that smirking excuse for a club chairman Petrie and the Scotsmsn now officially operating as the Hibsman. Vlad made mistakes but he tried to make the club bigger as did the great Wallace Mercer.Petrie and the Hibsman on the other hand are waiting to dance on the grave of Hearts but they won't because Hearts are to big. We'll survive even if we have
To go into liquidation and get back to the SPL honestly.

:thumbsup:

erm if you liquidate your dead, right? you haven't survived. Or is this diet sevco apeak?
17-06-2013, 06:34 PM
Danderhall Hibs

I take it now that they're self sufficient that them going into admin is a mere formality and all will be back to normal by later in the week?
17-06-2013, 06:34 PM
Northernhibee

From JKB:

Quote:

scotthmfc

Posted Today, 18:19

Think of the positives after this, what are Hibs fans going to be able to sing/chant about? We only lost 5-1? Hearts were going bust? They'll have nothing, it'll just mean we'll re-affirm our place as Edinburgh's big team. **** them.

But, but - 5-1, big team, wee team :lolyam:

GIIIIRRRRFFUUUUYYY!!!!!!!!
17-06-2013, 06:35 PM
Sanger

Quote:

Originally Posted by HFCDaveA

How can they pay people off? They dont have any money. If things are as bad as everyone is saying, they have zero money. How can they even put the lights on and heat the place for 8 weeks? How can the admins be paid?

They will to reduce outgoings immediately. Minimum redundancy payments will be made post selling the club on or after liquidation.
17-06-2013, 06:35 PM
Part/Time Supporter

Quote:

Originally Posted by HFCDaveA

How can they pay people off? They dont have any money. If things are as bad as everyone is saying, they have zero money. How can they even put the lights on and heat the place for 8 weeks? How can the admins be paid?

They won't pay people off, the administrator will just lay them off (no immediate cost to the club). The administrator recovers their fees from any buyer. The problem is generating enough cash to pay bills that are incurred from now (the remaining wages and taxes and any other suppliers).
17-06-2013, 06:36 PM
Barman Stanton

Quote:

Originally Posted by Www1875hfc

Paul Gascoigne has turned up at Tynecastle wi a fishing rod and a chicken. :cb

Haha brilliant
17-06-2013, 06:36 PM
Sanger

Quote:

Originally Posted by HFCDaveA

How can they pay people off? They dont have any money. If things are as bad as everyone is saying, they have zero money. How can they even put the lights on and heat the place for 8 weeks? How can the admins be paid?

Don't worry the admins will be first paid after selling club on or liquidation.
17-06-2013, 06:36 PM
Kojock

Hearing Sevco and the Diet Huns are amalgamating. Hearts of Midlothian Rangers Club… HMRC for Short. :wink:
17-06-2013, 06:37 PM
Danderhall Hibs

Quote:

Originally Posted by desantos0773

They will to reduce outgoings immediately. Minimum redundancy payments will be made post selling the club on or after liquidation.

I fully expect Locke and the others that "love the club" to offer their services for free.

Locke would be as well to - it's not as if he could get a job elsewhere.
17-06-2013, 06:37 PM
HFC 0-7

Did we ever find out if UBIG were a secured creditor? Is there anyone at UBIG currently that could agree a CVA if they are not secured?
17-06-2013, 06:39 PM
LeighLoyal

Are they going to honour the 6500 season books? Surely they Yam fans are just another unpaid creditor. :greengrin
17-06-2013, 06:39 PM
SMAXXA

Quote:

Originally Posted by Danderhall Hibs

I fully expect Locke and the others that "love the club" to offer their services for free.

Locke would be as well to - it's not as if he could get a job elsewhere.

Isnt he already doing that? :wink:
17-06-2013, 06:39 PM
greengnome

IN ROD WE TRUST ................................ :not worth

THANK YOU FOR BEING A TIGHT FISTED, BEAUTIFUL, WELL TRIMMED MOUSTACHE BEARING GENTLEMAN!!!!

:flag::flag::flag::flag::flag::flag::flag:

AND MR ROMANOV.... THANK YOU FOR BEING YOU...... :devil:
17-06-2013, 06:40 PM
Hal Jordan

What is the possibility of
Sevco buying them up to get the SPL membership and then changing their name and moving them to Glasgow?
17-06-2013, 06:40 PM
greengnome

:thumbsup:

Quote:

Originally Posted by Hot Shot Hamish

Hearing Sevco and the Diet Huns are amalgamating. Hearts of Midlothian Rangers Club… HMRC for Short. :wink:
17-06-2013, 06:41 PM
Clarence

I hear Skacel is going to give back 51p of his wages to show how much he loves them.
17-06-2013, 06:41 PM
Andy74

Quote:

Originally Posted by LeighLoyal

Are they going to honour the 6500 season books? Surely they Yam fans are just another unpaid creditor. :greengrin

Doubt they can. There's no way they could guarantee to fulfil fixtures when the money has already gone for the whole of next year. They will need to be able to raise some by selling tickets.
17-06-2013, 06:45 PM
Sanger

Quote:

Originally Posted by Aalborg Hibs

What is the possibility of
Sevco buying them up to get the SPL membership and then changing their name and moving them to Glasgow?

i've heard that rumour from a Gers financier !
17-06-2013, 06:45 PM
LeighLoyal

Quote:

Originally Posted by Andy74

Doubt they can. There's no way they could guarantee to fulfil fixtures when the money has already gone for the whole of next year. They will need to be able to raise some by selling tickets.

That will be a painful one if true. They can't say they weren't warned the fudds. Tick tock we all told them when Romanov landed.
17-06-2013, 06:45 PM
mca

oooohhhh - When Will They Start Boarding The Window and Locking the Gates.... :greengrin
17-06-2013, 06:46 PM
Part/Time Supporter

Quote:

Originally Posted by Aalborg Hibs

What is the possibility of
Sevco buying them up to get the SPL membership and then changing their name and moving them to Glasgow?

Nil. The SFA wouldn't permit it.
17-06-2013, 06:47 PM
Kevvy1875

Quote:

Originally Posted by Mon Dieu4

I've just been to the cashline and its official, i have more money than the Yams

:greengrin
17-06-2013, 06:47 PM
the_ginger_hibee

From the archive -

Fedotovas promises fans 'Hearts are immune from financial crises'. Including -

Quote:

Originally Posted by Sergejus Fedotovas

Ukio Bankas is a very supportive partner of the club. For example, our banking relationship ensures that Hearts receives first class quality and timely service.

:faf: 'Timely'

Quote:

Originally Posted by Sergejus Fedotovas

The key fact, that sets Hearts apart from many other clubs, is that our debt is in the form of funding from our own parent company Ukio Banko Investicine Grupe (UBIG). We are not exposed to the external debt levels of other highly geared businesses.

:cb :faf:

Quote:

Originally Posted by Sergejus Fedotovas

We therefore do not consider this as "real" debt

:thumbsup: :faf:
17-06-2013, 06:47 PM
Hibs07p

Quote:

Originally Posted by Baldy Foghorn

Marvellous, does that song sound great now or what?:cb

I'm picturing the 'tache with a mic in his hand.

:greengrin

GGTTH
17-06-2013, 06:47 PM
Danderhall Hibs

Quote:

Originally Posted by Part/Time Supporter

Nil. The SFA wouldn't permit it.

Didn't they allow Airdrie to do something similar?
17-06-2013, 06:47 PM
Bostonhibby

Quote:

Originally Posted by heretoday

BBC are reporting Hearts going into administration within 24 hours.

While I am a Hibby I take no joy from this.

:agree: I take it you are, like myself, a liquidation man :party:
17-06-2013, 06:47 PM
Kevvy1875

Quote:

Originally Posted by Clarence

I hear Skacel is going to give back 51p of his wages to show how much he loves them.

:greengrin
17-06-2013, 06:48 PM
greengnome

Where's Massone????

Help!

http://www.hmfckickback.co.uk/public...ault/laugh.png

:faf::faf::faf:............... FRYING PAN AND FIRE COME TO MIND....
17-06-2013, 06:48 PM
Viva_Palmeiras

Quote:

Originally Posted by desantos0773

i've heard that rumour from a Gers financier !

:angeldevil:
17-06-2013, 06:49 PM
Sanger

Quote:

Originally Posted by Part/Time Supporter

Nil. The SFA wouldn't permit it.

Airdre did it! Better one Hun team in the SPL than one in Div 2 & one in Div 3!
17-06-2013, 06:49 PM
Kevvy1875

Quote:

Originally Posted by the_ginger_hibee

From the archive -

Fedotovas promises fans 'Hearts are immune from financial crises'. Including -

:faf: 'Timely'

:cb :faf:

:thumbsup: :faf:

:greengrin

Keep them coming boys! Loving this! LOVING IT!
17-06-2013, 06:49 PM
Springbank

Quick update

The Springbank Fifteen yo tastes like you'd expect it to - Hibs Class!

Slainte!
17-06-2013, 06:49 PM
MyJo

Quote:

Originally Posted by mca

oooohhhh - When Will They Start Boarding The Window and Locking the Gates.... :greengrin

They will have to stop licking them first
17-06-2013, 06:50 PM
Viva_Palmeiras

Is Mikey still on his Holibobs? Typical...!
17-06-2013, 06:50 PM
EdinMike

This cant happen tonight, I'm on a night shift. Gonnae wait till tommora Hertz ? :flag:
17-06-2013, 06:51 PM
Sir David Gray

I've been waiting about five years for this day to finally come.

Get it right up them.

Here's to a very slow and painful death.

:giruy:
17-06-2013, 06:53 PM
iwasthere1972

The penny is just beginning to drop over in Gorgie that their season tickets for next season could be worthless. Shouldn't laugh but they deserve everything that's coming their way.

GGTTH
17-06-2013, 06:54 PM
Kevvy1875

900+ members and 2500+ guests? Wonder how many BeLIEvers are having a peek in to see what the Hoboconimists are saying.

For any Yam tramps looking in I would just like to say GIRFUY! Karma bitches!
17-06-2013, 06:55 PM
Weir7

Quote:

Originally Posted by StevieC

Spot on.

The board/club have lied to the SPL, supporters and anyone else who got in the way as they stumbled past the finishing post last season. They have lied numerous times again during the close season to try and dry out every possible revenue source to keep themselves in a wage for as long as possible.

The SPFL need only ask one question .. "Can you guarantee that you will be able to fulfill your fixtures?"

The board/club would have blindly lied and said "of course" but an administrator will be very unlikely to risk answering that question the same way.

Half of their matchday income has already been used up. They have debts left right and centre to council etc.. They have large maintenance costs attached to a crumbling main stand. They have rental costs needed for their shared training complex. They have 2 months of wages to pay for. They have an estimated £40k a month in tax repayments. They have interest payments on a £25m debt (which will remain until liquidation).
Even if they had a squad of 20 reserve players for the current season they would still be running at a loss.

I fully expect an administrator to move quickly to liquidation.

Top post.

Let's hope these bar stewards die forever. At best East of Scotland League.

Even then that's too good. They can play with each others
Utensials watching their 1 - 5 dvd. Dreaming about the good old days.
17-06-2013, 06:55 PM
Kevvy1875

Quote:

Originally Posted by MyJo

They will have to stop licking them first

:greengrin
17-06-2013, 06:56 PM
God Petrie

http://www.youtube.com/watch?v=p-N79B-rTP4

Enjoy the highlights from the last ever derby.
17-06-2013, 06:57 PM
Kevvy1875

http://www.youtube.com/watch?v=JHK0eao7Qlk

Can't think why but this tune just seems particularly relevant today.:na na:
17-06-2013, 06:57 PM
greengnome

Do we still have rules about undercover Hibs fans?

Glad I'm not a mod... a staggeringly large job ahead for them.

THAT'S IT LADS.....AND LADETTES... NO MORE PLEDGING, LET THEM GET OAN WI' IT....:fenlon
17-06-2013, 06:59 PM
Kato

Quote:

Originally Posted by Pames McJake

Kickback is absolutely golden this evening. Here's an amusing eulogy.

If you want to waste energy on who to blame then on you go. However this is the consequence of the end of the silly days of cheap money. The western world has been living beyond its means since the markets were de regulated in the 1980s. This is he inevitable consequence of putting our banks, companies and football clus in the hands of spivs and stockjobbers who wooed all of us, Prime Ministers and Presidents included. I'm only surprised it didn't happen 5 years ago when Lehmans went under. Many richer and more profitable companies have since gone to the wall. Sadly, like the Icelandic Banks it looks as if Ukias was an elaborate tower of toxic debt and confusing loans and liabilities, much like our own RBS or HBOS - the difference being that it was a lot smaller and has been allowed to fail. I suspect that Vlad and his cohorts, would have seen the writing was on the wall and have been trousering the cash from across the group for months. How much Fedo knew about this is a matter for debate but I suspect he, like many of Vlad's employees has been left out to dry like the rest of us.

Perhaps now Rangers, Dunfermline and Hearts are now gone, and mark my words others will follow Doncaster etc will realise that the current model in Scottish football is a joke. Woe betide Hibs who whilst any Hibb will tell you have kept within their means, actually depend on being able to sell players to keep their heads above water. However in a market with les and less liquidity will there be a demand for their fayer?

during the OFGTF campaign about 10 years ago I was arguing on here that it was time to put a broo through Scottish football, to realise that the current model was unsustainable and we should move to a central player pool and draft modle that gives equal budgets across the league and a level playing field would re invigorate the game in Scotland. However, just as we have completely ignored the dangers of a housing market linked to credit worthieness which caused the last housing bubble and are now embarked on doing exactly the same thing, the SPL sticks its fingers in its ears and goes nananananananana....

seriously, don't go down the blame route - Vlad will get caught eventually and will end his days in an eastern gaol.

We now have to put our energy an support into getting our club back on its feet

An ostrich takes his head out the sand. No doubt it's quickly reinserted once he sees what the business world is like in real life.

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