Originally Posted by
Bajillions
The second part of that article is the most interesting part as its worded very carefully. Parts in bold are my comments.
UBIG intend to appoint a new board of directors who could have a say on Hearts’ future. Fedotovas was coy on why he and Romanov stepped aside. “I have resigned from UBIG according to my reasons,” he said. “I cannot give an explanation why other people have resigned. These are my private reasons and I’m not prepared to share them.” So we're supposed to buy that the mass resignation was just a coincidence? That there is nothing else going on?
Asked about the long-term security of UBIG, Fedotovas replied: “I believe UBIG is as secure as it was (This doesn't mean it was secure previously) Obviously, there were a number of changes but I don’t think these changes have an impact on Hearts. We hope there will not be an impact on Hearts. We are waiting on some clarification from the bank in Lithuania but this has not yet been available to us. It will be available soon.(So he's guessing, because he hasn't actually been given the info yet)
“We believe the club’s medium-term future is secure. (Medium term, nothing about the short term, we know they are still hand to mouth) We all know we need to work for better options in the long term. We were a customer of Ukio Bankas. There were changes to Ukio Bankas and we are waiting to hear what is happening with us as a customer of Ukio Bankas.” (Come on Serg, we all know you weren't simply a customer, the dealings went a lot deeper than that)
Ukio Bankas’ assets and liabilities have been transferred to Siauliu Bankas, including a £6.8m floating charge secured against Tynecastle, after Ukio became insolvent. However, Fedotovas does not believe the stadium will be sold. “We believe it is not what they are going to do (about the debt) because we believe there is a facility in place,” said Fedotovas. “Unless the sun explodes and the earth is burned away, we believe that facility will remain in place. The priority is not to try and sell the club. The priority is to steer the club into a safe financial future and better football performance. Selling the club is something different This is just bull. He doesn't have a clue what Siauliu Bankas intends on doing with the stadium. For all he know they intend to kick hearts out and turn it into a tattie field.
None of what he says is a statement of fact, it's all "we believe" and "I think" and other phrases that will be seen as a cop out further down the line. This muppet has been claiming lack of information from all of the places he needs information from for ages. It was only last week he had claimed not to have spoken to Romanov. More and more I think there is something dodgy going on, I just wish I could figure out what it is.