C'mon the Hectors!
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C'mon the Hectors!
It's increasingly difficult to imagine a scenario where they don't get well and truly shafted big time. I'm sure there will be a lot of white knight and council rescue fantasy's spilling forth from Sickback over the next few weeks, but it doesn't look good.
The short-to-mid-term aspects with creditors and asset disposal are bleak enough.
But if the investigations in Lithuania into where the actual money came from that went into the Hearts accounts are thorough and ongoing, this could hang over them for years and really tear the club apart.
You can order your cakes by APP now :faf:
http://www.scotsman.com/edinburgh-ev...eats-1-2817462
They are well and truely ****ed.
Vlad's Lost his Fortune!
http://www.heraldscotland.com/news/home-news/romanov-ive-lost-my-fortune.20382228 :greengrin
Yep, when it is shown that the Yams have bee living off the proceeds of organised crime money laundering I think some of the maroon cardigan wearers might get a tad squeamish.
Their success funded by a cut from drug dealing, gun running, people trafficing, child prostitution, and all the rest, does not sit well with their " Heart and Soul of Edinburgh " bullst!t.
Came across this on kickbackandwatchusimplode.co.uk
View Post Gorgiewave, on 01 March 2013 - 10:51 AM, said:My favourite"type" of team is 3-4-3 with wing backs. I think we need two forwards on the team.
These morons need to go, absolute ****wits, i thinj this bloke need to do the chicken dance pronto
A very rough calculation (I deducted points only) if they go bust before the end of the season.
Celtic 53pts
Motherwell 42pts
St Johnstone 40pts
Inverness 39pts
Ross county 39pts
Hibernian 37pts
Aberdeen 36pts
Dundee Utd 34pts
Kilmarnock 29pts
St Mirren 26pts
Dundee 11pts
you've got tae feel sorry for him efter he's done such a great job of trashing the yams :agree: :thumbsup:
but seriously what does he expect? Violins? http://i33.photobucket.com/albums/d9...ons/violin.gif http://www.ytv.com/boards/images/smilies/7314474053.gifhttp://images.neopets.com/neoboards/smilies/violin.gif http://i19.photobucket.com/albums/b1...02/violin2.gifhttp://www.longdog.freeuk.com/smilies/violin.gif http://i19.photobucket.com/albums/b1...02/violin1.gif I wonder how much his scheming and scams has cost the investors in his bank.
when it all implodes will it be in 3 D ?
:greengrin
Whats the general feeling then, administration before the season ends or after?
I keep on popping on, and off this board and yet - the yak are still operating?
Can they not just hurry the up and die?
The longer this goes on the worse it's going to get for them. Yes, we've been saying that for years, but never in a post Vlad scenario. I think, with SPL/SFA help, they'll try and stagger on till the end of the season, then we'll have a summer of incredible revelation and bloodletting which will render them unfit for any participation in football in season 2013-14.
That's the good news.
The even better news: I really doubt whether they will be able to continue till the end of the season, but all the above will still happen anyway.
Never a truer word spoken, Robert.
Even though they might make the seasons end, albeit with the prospect of administration looming, they've still to get last years accounts signed off and the auditors have to acknowledge that they are a viable trading concern. That's when it could get very messy as by their own admission, UBIG aren't funding them and they're 'on there own' financially.
The SPL/SFL have procedures in place that demands that participating clubs have the collateral to see them through to the seasons end. There is no guarantee that Yams will even make it to the seasons start, let alone its end.
This isn't wishful thinking and/or hobonomics - it's a simple statement of fact.
Isn't their AGM meant to be at the end of this month? That should be a hoot, or whatever noise ostriches make!
I think it's a matter of steps. We were already able to start doing so when:
1) Vlad said he's unable to support them and they have to 'pay their way' - check
2) UKIOS collapsed - check
The next ones will be a mess of sold assets, fines, dispute about club ownership, possible admin, liquidation etc. It won't be long now. The difference between this and our previous wishing is that this time there really is no money, funny or otherwise, coming into the club and and owner who needs to dispose of all bad assets.
The AGM...oh to be a fly on the wall at that one. It's been an annoyingly long if occasionally entertaining wait, but I'm relying on them to pull of a spectacular end game to make it all worthwhile.
If they last until the end of the season (which I doubt) I can't see anybody being mug enough to take on player contracts in May till late July when they earn a running income on ate receipts. They would then be in a situation of probably having no ground, no registered players, possibly no owners and in breach of SFA regulations in preparation for the 2013-14 season.
It also raises the question about advance ST sales for next season - this is a genuine scam, given their current financial status.