Share Transfers Agreed/Cooling off period

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10-12-2013, 10:30 AM
MB62

Quote:

Originally Posted by HibbySpurs

Just a thought this and I'm probably just looking for a bit of comfort from someone who knows more about it.....

Lets just say that Hearts get their CVA through and eventually ownership passes to FoH..... They'll still get relegated but what if....

Next season someone rocks up with "cash on the hip" and just offers to buy the whole shooting match off of FoH? That person(s) would buy a club with a stadia (all right it needs a bit of errrrr, refurbishment) and no debt whatsoever once they had paid off the Biddies???????

Just curious as this would seem totally wrong all over again..... FoH get it for a song, the debts wiped clean and then someone with a bit of money to throw about rocks up, buys them and they are back to where it all began, promoted back to the Premiership and swanning about like nowt ever happend....

Could this happen? I hope not....

there is a very good chance that the new club called The Rangers will also be in the same division as them next year, so getting back to the premiership might not be that easy.
10-12-2013, 10:50 AM
gorgie greens

Quote:

Originally Posted by Onion

Far too messy at the mo. But the above is a highly likely scenario IMHO. There are lots of reasons to invest in a football club that has nothing to do with making money or even football. And plenty nutters out there with more money than sense who might see a debt free Yams as a low risk way of influencing politicians, businesses and Edin folk . One way or another I expect the Yams to recover quite quickly.

The MAIN thing apart from picking the monkeys up for peanuts Is,the ground it's self,asbestos crumbling eyesore ,it must be another big drain on finance,how it keeps getting a safety certificate is beyond me,there hospitality is bad to say the least,a total bull dozing and re build on a similar standard to the west stand at ER,not sure how much that would cost but it's got to be at least £15 million,and that is on top of other things like the loss of revenues while it's being rebuilt ,the only person who comes to mind would be J K Rowlings apart from that there is no body out there,Ann Budge has say £40million ,she would be chucking half her fortune at it,
As Frazer would say in dads army "were doomed"
10-12-2013, 10:57 AM
HibbySpurs

Quote:

Originally Posted by jacomoseven

I suppose a wealthy Hearts-minded individual could think, "here's a chance to buy my football club, debt free, for £3m." Put like that it might appeal to some people, assuming that the CVA goes through and FoH acquire the club.

Could FoH do that though? Their whole pitch is about putting the club into fan ownership. Do they have an exit strategy? Are they allowed one? Would be a bit weird if they actually pull this off and then six months later sell up.

This is my thinking..... Just playing devils advocate but if I was a reasonably well off yam (sadly I'm no wealthy but thankfully I aint no yam) I might just be sitting back right now thinking I'd let all this pan out with BDO/FoH taking all the grief over arranging CVA'S etc then once the dust settles I (or maybe a small consortium) will put a reasonable offer in for the now debt free club.....

I'm not suggesting that some mega wealthy punter is going to do this (if Rangers cant get that then what chance have Hearts) and plough money into them, what I can see is person(s) with a bit of wealth buying the club and getting the stadia up to scratch and investing a bit of cash into the squad to get them back up the top end of the Premiership.

I see a day when they are run like us is about the size of it but what infuriates me is that if this comes to pass their punishment will have been 1 hellish season in the Premiership followed by 1 or 2 seasons in the Championship before they are back to a pretty level playing field with us....

For the last 30 years of cheating and financial doping that seems to me to be getting away with it very lightly.....:furious:
10-12-2013, 11:00 AM
CropleyWasGod

Quote:

Originally Posted by HibbySpurs

This is my thinking..... Just playing devils advocate but if I was a reasonably well off yam (sadly I'm no wealthy but thankfully I aint no yam) I might just be sitting back right now thinking I'd let all this pan out with BDO/FoH taking all the grief over arranging CVA'S etc then once the dust settles I (or maybe a small consortium) will put a reasonable offer in for the now debt free club.....

I'm not suggesting that some mega wealthy punter is going to do this (if Rangers cant get that then what chance have Hearts) and plough money into them, what I can see is person(s) with a bit of wealth buying the club and getting the stadia up to scratch and investing a bit of cash into the squad to get them back up the top end of the Premiership.

I see a day when they are run like us is about the size of it but what infuriates me is that if this comes to pass their punishment will have been 1 hellish season in the Premiership followed by 1 or 2 seasons in the Championship before they are back to a pretty level playing field with us....

For the last 30 years of cheating and financial doping that seems to me to be getting away with it very lightly.....:furious:

They won't be debt-free, though.
10-12-2013, 11:01 AM
HibbySpurs

Quote:

Originally Posted by gorgie greens

The MAIN thing apart from picking the monkeys up for peanuts Is,the ground it's self,asbestos crumbling eyesore ,it must be another big drain on finance,how it keeps getting a safety certificate is beyond me,there hospitality is bad to say the least,a total bull dozing and re build on a similar standard to the west stand at ER,not sure how much that would cost but it's got to be at least £15 million,and that is on top of other things like the loss of revenues while it's being rebuilt ,the only person who comes to mind would be J K Rowlings apart from that there is no body out there,Ann Budge has say £40million ,she would be chucking half her fortune at it,
As Frazer would say in dads army "were doomed"

I dont buy that, if it was Ann Budge they would get a mortgage to build a new stand from the bank as she would underwrite the debt much like we have done with STF.....

The person backing them doesnt actually need to pony up that sort of money up front is they can prove to the bank that if the club defaults then they will cover the debt....

They arent going to be paying anyone £10-£15K a week anymore but they would be back in a reasonably competitive state and at least able to challenge for cups/Euro places again.
10-12-2013, 11:02 AM
HibbySpurs

Quote:

Originally Posted by CropleyWasGod

They won't be debt-free, though.

Of course not but in relative terms to today they would be a far more appealing proposition would you not agree?
10-12-2013, 11:10 AM
Onion

Quote:

Originally Posted by gorgie greens

The MAIN thing apart from picking the monkeys up for peanuts Is,the ground it's self,asbestos crumbling eyesore ,it must be another big drain on finance,how it keeps getting a safety certificate is beyond me,there hospitality is bad to say the least,a total bull dozing and re build on a similar standard to the west stand at ER,not sure how much that would cost but it's got to be at least £15 million,and that is on top of other things like the loss of revenues while it's being rebuilt ,the only person who comes to mind would be J K Rowlings apart from that there is no body out there,Ann Budge has say £40million ,she would be chucking half her fortune at it,
As Frazer would say in dads army "were doomed"

Nobody in their right mind uses there own money to fund football ventures. Not when you have idiotic fans who'll steal their kids Xmas funds, Charities and small businesses to rip off. The Huns and small Huns are perfect models in how to scam your way through club ownership.
10-12-2013, 11:15 AM
BSEJVT

The one flaw in the yams being bought from FOH by a wealthy businessman and reinvigorated is that the reason that the businessman was wealthy in the first place was because they didn't throw too much of their money at basket case projects like hearts.

Additionally whilst their mythical benefactor might not have to pay to build the new wongadome out their own pocket, they would certainly be underwriting the debt should it goes tits up in the future which amounts to pretty much the same thing.

As Scottish football transfer values have collapsed, as its a buyers market given how desperate most of our clubs are, there is no way that any football club, other than Celtc at present, can raise monies like Hibs did with the "golden generation"

The question to ask is why would I underwrite a £10m debt in addition to paying £5m for the club and its assets?

Is that investment likely to increase substantially in value, not a chance .

Is the football club likely to make sufficient profits that I can withdraw as a return on the capital? not a chance

You could probably get a billy big baws seat on the board of a non old firm Scottish Club for a maximum of £1m, probably far less, if that's your vanity project. Why spend £15m minimum

Rest easy it aint going to happen
10-12-2013, 12:56 PM
hibees 7062

Quote:

Originally Posted by NadeAteMyLunch!

We also got to watch Sauzee and Latapy cruising through the 1st division and big Mixu battering the goals in. I'm unconvinced that McTattie and the King brothers(who actually are they?) will draw in the same crowds. Shame

Mrs Kings laddies :greengrin
10-12-2013, 01:08 PM
#FromTheCapital

All is Barry tweeting that BDO have told Gary Locke there's no need to sell players in January. What a relief, was getting worried that they might try to offload Jamie Hamill or Dylan McGowan.
10-12-2013, 01:17 PM
jacomo

Quote:

Originally Posted by #FromTheCapital

All is Barry tweeting that BDO have told Gary Locke there's no need to sell players in January. What a relief, was getting worried that they might try to offload Jamie Hamill or Dylan McGowan.

Really?
10-12-2013, 01:21 PM
Billy Whizz

Quote:

Originally Posted by #FromTheCapital

All is Barry tweeting that BDO have told Gary Locke there's no need to sell players in January. What a relief, was getting worried that they might try to offload Jamie Hamill or Dylan McGowan.

Probably because we lost to them in the League Cup and gave them another Financial lifeline!
10-12-2013, 01:22 PM
JimBHibees

Quote:

Originally Posted by #FromTheCapital

All is Barry tweeting that BDO have told Gary Locke there's no need to sell players in January. What a relief, was getting worried that they might try to offload Jamie Hamill or Dylan McGowan.

Sounds like a ruse to tell potential bidding clubs that they wont get the worlds best ever youngsters for a tube of smarties and a can of coke. :greengrin
10-12-2013, 01:23 PM
Liberal Hibby

Quote:

Originally Posted by #FromTheCapital

All is Barry tweeting that BDO have told Gary Locke there's no need to sell players in January.

He's right - it's a requirement.

Event - Hearts face liquidation unless they sell their few playing assets in January

#allisbarry - Locke told to promote more of the best young footballers to the first team for league run-in
10-12-2013, 01:35 PM
Col2

Looks like more delays.... Dont you just love lithuania..

From bloomberg (thanks - to originator spotting this) cant do links so here is cut and paste:-

Information to creditors about the course of BAB Ūkio bankas bankruptcy procedure

2013-12-09

On 17 October 2013 the Kaunas Regional Court confirmed the total amount of financial claims of the creditors of AB Ūkio bankas in bankruptcy totalling LTL 1.439 billion. The major portion of financial claims, over LTL 801 million, comprises liabilities to second-ranking creditor VĮ Indėlių ir investicijų draudimas.

Pursuant to Article 22 of the Enterprise Bankruptcy Law of the Republic of Lithuania, the first meeting of creditors shall be convened not later than within 30 working days from the entry into force of the court ruling to confirm the creditors’ claims.

However, an appeal was lodged against the court ruling concerning confirmation of Ūkio bankas financial claims of 5 November 2013. Since the appeal concerns confirmation of the financial claims of Ūkio bankas major creditor VĮ Indėlių ir investicijų draudimas the amount of whose claims when expressed in value accounts for more than the confirmed amount of the total creditors’ claims, convocation of the creditors meeting is impossible before this separate appeal is resolved.

The separate appeal must be settled at court within 30 days from the date of its acceptance at the court of appeal. After the court analyses the appeal concerning confirmation of VĮ Indėlių ir investicijų draudimas financial claims, the meeting of creditors will be convened by the court or, on its instruction, by the bankruptcy administrator.

It is tentatively planned to convene the first meeting of creditors in the first quarter of 2014.

It has to be noted that sales of the assets owned by Ūkio bankas will not start before the meeting of creditors is convened and the Committee of Creditors is elected.
10-12-2013, 01:40 PM
Ozyhibby

Locke has been acting as a salesman in every interview this week. Answering questions about player sales that nobody has been asking.
They know they have to sell but there is not much interest so they are trying to drum some up.
10-12-2013, 01:48 PM
Devonhibs

Quote:

It is tentatively planned to convene the first meeting of creditors in the first quarter of 2014.

It has to be noted that sales of the assets owned by Ūkio bankas will not start before the meeting of creditors is convened and the Committee of Creditors is elected.

So am I right in thinking they covene sometime in the firsts three months and then only after having elected a creditors committee will they then consider the CVA? Sweet :thumbsup:
10-12-2013, 01:58 PM
Dashing Bob S

Quote:

Originally Posted by calaishibby

So am I right in thinking they covene sometime in the firsts three months and then only after having elected a creditors committee will they then consider the CVA? Sweet :thumbsup:

You are correct in thinking that. (tentatively).

I think the 'tentative' qualification might mean 'subject to the shares being unfrozen which itself is subject to the Lithuanian government's satisfactory conclusion of its current criminal investigations.'

They are going nowhere fast, and down the toilet slowly.

Of course, it all might happen mid-January, and the CVA can be approved with World Cup stars signed by mid-Feb and a plucky wee escape from relegation. :faf:
10-12-2013, 01:58 PM
Mikey

Quote:

Originally Posted by Kaunas Regional Court

It is tentatively planned to convene the first meeting of creditors in the first quarter of 2014.

It has to be noted that sales of the assets owned by Ūkio bankas will not start before the meeting of creditors is convened and the Committee of Creditors is elected.

Oh dear. When did BDO say they would run out of money again?
10-12-2013, 02:01 PM
Dashing Bob S

Quote:

Originally Posted by Mikey

Oh dear. When did BDO say they would run out of money again?

It's shaping up to be a thrilling festive period and run-in to Spring, Mikey. Time to get the winter supplies in and enjoy this forthcoming lengthy spell of cold weather.
10-12-2013, 02:01 PM
JimBHibees

Quote:

Originally Posted by Ozyhibby

Locke has been acting as a salesman in every interview this week. Answering questions about player sales that nobody has been asking.
They know they have to sell but there is not much interest so they are trying to drum some up.

Agree completely with that.
10-12-2013, 02:04 PM
Dashing Bob S

The 'more delays likely' Bloomberg info hasn't trickled it's way onto Sicksack yet...
10-12-2013, 02:07 PM
Mikey

Quote:

Originally Posted by Dashing Bob S

The 'more delays likely' Bloomberg info hasn't trickled it's way onto Sicksack yet...

They'll just say that Bloomberg have made it up anyway!
10-12-2013, 02:08 PM
Seveno

Quote:

Originally Posted by Dashing Bob S

The 'more delays likely' Bloomberg info hasn't trickled it's way onto Sicksack yet...

They will put a positive spin on it. More DDs collected so a bigger transfer war chest for when it is fan owned. Yes, sad I know.
10-12-2013, 02:19 PM
Pete

Cancel Easter. Pledge, pledge, pledge!
10-12-2013, 02:21 PM
hibees 7062

Quote:

Originally Posted by #FromTheCapital

All is Barry tweeting that BDO have told Gary Locke there's no need to sell players in January. What a relief, was getting worried that they might try to offload Jamie Hamill or Dylan McGowan.

East Fife will be raging :greengrin
10-12-2013, 02:23 PM
Sergio sledge

Quote:

Originally Posted by Dashing Bob S

You are correct in thinking that. (tentatively).

I think the 'tentative' qualification might mean 'subject to the shares being unfrozen which itself is subject to the Lithuanian government's satisfactory conclusion of its current criminal investigations.'

They are going nowhere fast, and down the toilet slowly.

Of course, it all might happen mid-January, and the CVA can be approved with World Cup stars signed by mid-Feb and a plucky wee escape from relegation. :faf:

If I understand correctly, this report is referring to Ukio Bankas which owns 29.9% of Hearts. Their shares are unfrozen but can't be sold until the creditors of Ukio Bankas have met and agreed to the sale. The UBIG shares are for 50% of the club and are still frozen. They can't be sold until they are unfrozen and the creditors of UBIG have met and agreed to the sale.
10-12-2013, 02:26 PM
hibees 7062

Quote:

Originally Posted by Dashing Bob S

It's shaping up to be a thrilling festive period and run-in to Spring, Mikey. Time to get the winter supplies in and enjoy this forthcoming lengthy spell of cold weather.

http://www.reactiongifs.com/wp-conte...sonPopcorn.gif
10-12-2013, 02:32 PM
hibees 7062

Quote:

Originally Posted by Dashing Bob S

It's shaping up to be a thrilling festive period and run-in to Spring, Mikey. Time to get the winter supplies in and enjoy this forthcoming lengthy spell of cold weather.

http://www.ohmagif.com/wp-content/up...s-the-beer.gif
10-12-2013, 02:32 PM
Ozyhibby

Quote:

Originally Posted by Sergio sledge

If I understand correctly, this report is referring to Ukio Bankas which owns 29.9% of Hearts. Their shares are unfrozen but can't be sold until the creditors of Ukio Bankas have met and agreed to the sale. The UBIG shares are for 50% of the club and are still frozen. They can't be sold until they are unfrozen and the creditors of UBIG have met and agreed to the sale.

And Ukio are supposed to be well ahead of Ubig in the process. Even if the shares weren't frozen it will likely take till the end of 2014.
10-12-2013, 02:38 PM
Aldo

Quote:

Originally Posted by Mikey

Oh dear. When did BDO say they would run out of money again?

Don't just love it when a plan comes together. :-D

O and Feb/March 2014 Brokeback will think it's a .net conspiracy and it's not fair. Ha bloody ha
10-12-2013, 02:39 PM
Mikey

Quote:

Originally Posted by Dashing Bob S

The 'more delays likely' Bloomberg info hasn't trickled it's way onto Sicksack yet...

It has now, and some chap has put up his expert opinion, it's just a shame that English isn't his first language. Or second, or third.........

Quote:

VĮ Indėlių ir investicijų draudimas is an insurance company that covers deposit insurance and investment insurance,

Investment insurance is, Financial brokerage companies and banks must insure liabilities to investors. This means that each insurer guarantees securities and monetary funds of one person according to the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.
Deposit insurance is, Deposits are insured by commercial banks, branches (departments) of foreign banks and credit unions. Foreign banks, having set up departments (branches) in Lithuania, must insure deposits only if they have not insured these deposits in their home country or conditions of deposit insurance of their home country are worse than those set forth by the Lithuanian deposit insurance system. Currently, under the Lithuanian deposit insurance system, deposits are insured by commercial banks and branches (departments) of foreign banks and credit unions.

Commercial PPI maybe how that affects us though I'm not sure.
I'm sure BDO and the Lith Administrator will be aware of this and how it affects the CVA if at all.
10-12-2013, 02:49 PM
hibees 7062

Quote:

Originally Posted by Aldo

Don't just love it when a plan comes together. :-D

O and Feb/March 2014 Brokeback will think it's a .net conspiracy and it's not fair. Ha bloody ha

Its no fair though , its not these nice innocent supporters faults , they didnt want any of this and told Romanov where to go at the time

http://www.picgifs.com/disney-gifs/d...hio-329861.gif
10-12-2013, 03:01 PM
Gus Fring

Straight on the blower to my source, naturally. BDO didn't seem to be aware of this news. They definitely are now though.
10-12-2013, 03:02 PM
greenpaper55

Quote:

Originally Posted by Mikey

It has now, and some chap has put up his expert opinion, it's just a shame that English isn't his first language. Or second, or third.........

To quote from todays news

" It is tentatively planned to convene the first meeting of creditors in the first quarter of 2014.

It has to be noted that sales of the assets owned by Ūkio bankas will not start before the meeting of creditors is convened and the Committee of Creditors is elected."

Jeeso , they then have to elect a committee ! this could take until July with a bit of luck, according to a yam bam it could also mean January, eh i think not.
10-12-2013, 03:03 PM
jacomo

Quote:

Originally Posted by hibees 7062

Its no fair though , its not these nice innocent supporters faults , they didnt want any of this and told Romanov where to go at the time

http://www.picgifs.com/disney-gifs/d...hio-329861.gif

Can't wait for this revisionism!

Event: BDO say it's over. Finished. Broken beyond repair. Kaput. Bust. They've left the building with a suitcase.

AllisBarry: Brave, tearful Hearts fans can't believe they were taken to cleaners by fraudster.

Yam1: "I said at the time, this Vlad character is no good, and only chanted his name / twirled my scarf / raided the kids' piggy bank to buy shares cos I feared his henchmen would come for us in our beds if I did not."

Yam2: "I did a 1-5 at a Hibby and he just laughed at me. This has not been worth it."
10-12-2013, 03:07 PM
Deansy

Quote:

Originally Posted by Mikey

It has now, and some chap has put up his expert opinion, it's just a shame that English isn't his first language. Or second, or third.........

On .net at 14.35 re-printed on 'Sick-Bag' at 15.15 - '.net-watch' tad slow today.
10-12-2013, 03:09 PM
hibees 7062

Quote:

Originally Posted by jacomoseven

Can't wait for this revisionism!

Event: BDO say it's over. Finished. Broken beyond repair. Kaput. Bust. They've left the building with a suitcase.

AllisBarry: Brave, tearful Hearts fans can't believe they were taken to cleaners by fraudster.

Yam1: "I said at the time, this Vlad character is no good, and only chanted his name / twirled my scarf / raided the kids' piggy bank to buy shares cos I feared his henchmen would come for us in our beds if I did not."

Yam2: "I did a 1-5 at a Hibby and he just laughed at me. This has not been worth it."

Strange thing is you can actually see all of the above happening :greengrin
10-12-2013, 03:14 PM
Mikey

It's quite amusing over there. They thought the UKIO side of things was all sorted but guess what............ Kaunas Regional Court thinks otherwise :greengrin

:nanafunk:
10-12-2013, 03:16 PM
GreenLake

I will pledge £20 towards a lovely cashmere Hibs scarf to send to the Administrator of UBIG for Christmas from hibs.net. Would it not be worth a gamble that he might just slip it round his neck when he leaves the creditor meeting to announce to the press outside that they will not be selling UBIG shares to eFf.Off.Hearts ? :greengrin
10-12-2013, 03:20 PM
The Gorf

Talking of scarves, I wonder how the wee lassie that buried her Hertz scarf under the East stand is fairing up. As fir the scarf, it must be turning in its grave.
GGTTH
10-12-2013, 03:22 PM
GreenLake

Quote:

Originally Posted by salinehibs

Talking of scarves, I wonder how the wee lassie that buried her Hertz scarf under the East stand is fairing up. As fir the scarf, it must be turning in its grave.
GGTTH

Or, twirling in it's grave. :wink:
10-12-2013, 03:33 PM
brog

Quote:

Originally Posted by Mikey

It's quite amusing over there. They thought the UKIO side of things was all sorted but guess what............ Kaunas Regional Court thinks otherwise :greengrin

:nanafunk:

Its the Yams Xmas Panto, the Wizard of Aw sh!! featuring Bryan Jackson as Toto the dog!!
Toto, I have a feeling we're not in Kaunas anymore!!

I am really struggling to imagine life without this thread! :greengrin
10-12-2013, 03:36 PM
Mikey

At last, something resembling sense over there...........

Quote:

True, but the end sentence of the statement, which is dated today so would I would assume to be a new development, seems to suggest that UKIO assets cannot be sold until this creditors meeting is held. Surely this mean that their 29.9% holding will be held until then?? This is just as important as the 50% held by UBIG.

There is so much 'white noise' being broadcast over this that we need someone from BDO or even FoH to spell out in small, simple words EXACTLY where everything sits just now.

Only has 157 posts so will no doubt be rounded on by the regulars :greengrin
10-12-2013, 03:39 PM
Viva_Palmeiras

Quote:

Originally Posted by Mikey

At last, something resembling sense over there...........

Only has 157 posts so will no doubt be rounded on by the regulars :greengrin

Ok own up.... ;)
10-12-2013, 03:41 PM
Gus Fring

One of them is claiming they suddenly have enough money to see out the rest of the season and won't need to sell players.

His source? Barry "1 Million Pounds" Anderson!

:faf:
10-12-2013, 03:43 PM
HibbySpurs

Quote:

Originally Posted by Mikey

They'll just say that Bloomberg have made it up anyway!

Or "What the **** would a ***** organisation like Bloomberg know about it? Who are Bloomberg exactly? We dont know who they are so they cant know anything. FACT. END OF. PLEASING".....

:hahaha:
10-12-2013, 03:44 PM
hibees 7062

Quote:

Originally Posted by Mikey

It's quite amusing over there. They thought the UKIO side of things was all sorted but guess what............ Kaunas Regional Court thinks otherwise :greengrin

:nanafunk:

I really hope when this is all over, that someone on JKB (my hope is Le Chat) fesses up to having been Sergey all the time.

I'd love that.

Sorry mate, but I'm Fat Mickey on vermin****.net.

But keep it under your hat.

You been outed Mickey ?:greengrin
10-12-2013, 03:49 PM
Bostonhibby

Quote:

Originally Posted by Mikey

It's quite amusing over there. They thought the UKIO side of things was all sorted but guess what............ Kaunas Regional Court thinks otherwise :greengrin

:nanafunk:

Shame the deluded never really grasped that the yam end of the problem is of little significance to the scale of the crime and investigation they are linked to. They won't be speeding anything up or bending any rules for the yam because of the precedent it may set elsewhere.

Penny is unlikely to drop over the road because of them being a big club, world war winners etc.......best just to watch the show :-)
10-12-2013, 03:51 PM
jacomo

Quote:

Originally Posted by hibees 7062

I really hope when this is all over, that someone on JKB (my hope is Le Chat) fesses up to having been Sergey all the time.

I'd love that.

Sorry mate, but I'm Fat Mickey on vermin****.net.

But keep it under your hat.

You been outed Mickey ?:greengrin

:agree: Probably the morning after it all goes wrong and they are seeking solace in friends... that would be the best time to do it.

I don't get involved with JKB anymore, but there were times in the past when I assumed almost everyone on there was a Hibby on the wind up, it was the only thing that could explain the outlandish stupidity of the place. Sort of like a Dice Man scenario.
10-12-2013, 03:52 PM
hibees 7062

I was told by two parties that Bryan Jackson, the current BDO Administrator at Hearts, , would consider a positon, such as CEO, in the new body at Hearts if and when Administration is completed. I am not sure if this has a bearing on how additional revenue will be raised.
Whether it be, sale of playing staff, pre-sale of season tickets, or going back to the support for further funding to see the club through
From EEN forum , that must tempting :greengrin
10-12-2013, 04:02 PM
Dr Jimmy

Quote:

Originally Posted by salinehibs

Talking of scarves, I wonder how the wee lassie that buried her Hertz scarf under the East stand is fairing up. As fir the scarf, it must be turning in its grave.
GGTTH

It's in a land fill somewhere anyway. The stupid mare buried it at the demolition stage of the old terrace. This was then completely dug out for the foundations of the new stand.

They canny get anything right can they.......:na na:
10-12-2013, 04:04 PM
Gus Fring

Quote:

Originally Posted by hibees 7062

I was told by two parties that Bryan Jackson, the current BDO Administrator at Hearts, , would consider a positon, such as CEO, in the new body at Hearts if and when Administration is completed. I am not sure if this has a bearing on how additional revenue will be raised.
Whether it be, sale of playing staff, pre-sale of season tickets, or going back to the support for further funding to see the club through
From EEN forum , that must tempting :greengrin

I'm sure that would be considered a conflict of interest if this has already been discussed?
10-12-2013, 04:13 PM
blackpoolhibs

If you are a gimp and looking in from behind your sofa, is it beginning to dawn on you that Sergey may have been right all along? :hibees
10-12-2013, 04:30 PM
Dashing Bob S

Quote:

Originally Posted by blackpoolhibs

If you are a gimp and looking in from behind your sofa, is it beginning to dawn on you that Sergey may have been right all along? :hibees

"It was the Serge wot said it!"

Those muppets troubles haven't even started yet. This whole business is much more complex than FOH/BDO/Banderson/EEN/Pishy drawers have led the deluded to believe. I think it's instructive that seasoned yam players like Steve Cardownie are keeping their distance from this debacle. Jambo he might be, but his politician's nose is attuned to scenting an Edinburgh disaster, and there's a ****storm in the air, bound slowly but surely for Gorgie. At the end of the season the Yams will look back on this winter with rose-tinted nostalgia. This is as good as it's likely to get for them for some time to come.
10-12-2013, 04:47 PM
AinsterHibs

Quote:

Originally Posted by blackpoolhibs

If you are a gimp and looking in from behind your sofa, is it beginning to dawn on you that Sergey may have been right all along? :hibees

:aok::tbgwa::hibees:hnet:
10-12-2013, 04:54 PM
gorgie greens

Aw well,looks like they will be starting season 2014/2015 in a lower division minus 15 pts again,
I f Carlsberg made Christmas ::flag:
10-12-2013, 04:55 PM
green glory

Quote:

Originally Posted by Bostonhibby

Shame the deluded never really grasped that the yam end of the problem is of little significance to the scale of the crime and investigation they are linked to. They won't be speeding anything up or bending any rules for the yam because of the precedent it may set elsewhere. Penny is unlikely to drop over the road because of them being a big club, world war winners etc.......best just to watch the show :-)

The daft fuds will probably still turn up every second Saturday after liquidation cheering on a team that doesn't exist amongst shelves full of cereals and toiletries.

If B+Q build a branch there instead at least they'll have bags of sand to stick their sparry heids in.
10-12-2013, 04:56 PM
Dashing Bob S

Quote:

Originally Posted by Mikey

At last, something resembling sense over there...........

Only has 157 posts so will no doubt be rounded on by the regulars :greengrin

This "Jambo" speaketh sense.

He's certainly stunned them into total silence on KB...
10-12-2013, 05:02 PM
AinsterHibs

Quote:

Originally Posted by green glory

The daft fuds will probably still turn up every second Saturday after liquidation cheering on a team that doesn't exist amongst shelves full of cereals and toiletries.

If B+Q build a branch there instead at least they'll have bags of sand to stick their sparry heids in.

I can see that happening in my head, and it's one *** funny picture!

:aok:
10-12-2013, 05:06 PM
Dashing Bob S

Five-wuh-hu-hun...nineteen-oh-tooo-ho-hooo, it sounds like the Christmas haunting call of the ghost of Jambos past...
10-12-2013, 05:10 PM
Mellow Hibee

Quote:

Originally Posted by Dashing Bob S

"It was the Serge wot said it!"

Those muppets troubles haven't even started yet. This whole business is much more complex than FOH/BDO/Banderson/EEN/Pishy drawers have led the deluded to believe. I think it's instructive that seasoned yam players like Steve Cardownie are keeping their distance from this debacle. Jambo he might be, but his politician's nose is attuned to scenting an Edinburgh disaster, and there's a ****storm in the air, bound slowly but surely for Gorgie. At the end of the season the Yams will look back on this winter with rose-tinted nostalgia. This is as good as it's likely to get for them for some time to come.

This is what I don't get. Considering that they've repeatedly put their hands in their pockets for the current and previous regime, you would think that they might start asking a few questions. e.g.

Who is actually putting up the money for the FOH bid?
We're all worried about the frozen shares, if they really are no problem, why have BDO not yet made a statement to that effect?
10-12-2013, 05:24 PM
bringbackbenny

Quote:

Originally Posted by Dashing Bob S

Five-wuh-hu-hun...nineteen-oh-tooo-ho-hooo, it sounds like the Christmas haunting call of the ghost of Jambos past...

Post of the month, that fair got me laughing:D
10-12-2013, 05:27 PM
Kato

Quote:

Originally Posted by Dashing Bob S

"It was the Serge wot said it!"

Those muppets troubles haven't even started yet. This whole business is much more complex than FOH/BDO/Banderson/EEN/Pishy drawers have led the deluded to believe. I think it's instructive that seasoned yam players like Steve Cardownie are keeping their distance from this debacle. Jambo he might be, but his politician's nose is attuned to scenting an Edinburgh disaster, and there's a ****storm in the air, bound slowly but surely for Gorgie. At the end of the season the Yams will look back on this winter with rose-tinted nostalgia. This is as good as it's likely to get for them for some time to come.

Capital!! Capital 'D' at the front of 'Drawers' in 'Pishy Drawers' that is. He's Pee'r of the Realm dontcha know.
10-12-2013, 05:43 PM
Springbank

I would be so proud of the Yams if they make it successfully through the season, albeit relegated, but still in admin.

If they still haven't reached zero point by May, and being in admin means they start on minus one third of the previous season's total, would their current -3 mean they start next season on -1?

If so, that is genius.

Yams win the Rachel Riley Award for creative accountancy even in Administration, though at arguably a wee bit of a price (dignity, respect, relegation, probity, integrity to name but five victims...)
10-12-2013, 05:46 PM
O'Rourke3

Quote:

Originally Posted by Springbank

I would be so proud of the Yams if they make it successfully through the season, albeit relegated, but still in admin.

If they still haven't reached zero point by May, and being in admin means they start on minus one third of the previous season's total, would their current -3 mean they start next season on -1?

If so, that is genius.

Yams win the Rachel Riley Award for creative accountancy even in Administration, though at arguably a wee bit of a price (dignity, respect, relegation, probity, integrity to name but five victims...)

It's 1/3 or -15 depending on what's biggest. Wouldn't put them past trying tho.....

Sent from my brain via Tapatalk
10-12-2013, 05:49 PM
matty_f

Quote:

Originally Posted by O'Rourke3

It's 1/3 or -15 depending on what's biggest. Wouldn't put them past trying tho.....

Sent from my brain via Tapatalk

Haven't they changed it to automatic relegation for administration now?
10-12-2013, 05:51 PM
hibby rae

Quote:

Originally Posted by matty_f

Haven't they changed it to automatic relegation for administration now?

If that's the case then a Daffy Duck gif would most definately be in order.
10-12-2013, 05:51 PM
Springbank

Quote:

Originally Posted by O'Rourke3

It's 1/3 or -15 depending on what's biggest. Wouldn't put them past trying tho.....

Sent from my brain via Tapatalk

Thanks

For a minute I was trying to work out if minus one third of -3 would be plus 1 point (top of the league on day one) or minus nine or minus one.

Thankfully minus 15 rules take the head scratching out of it!
10-12-2013, 05:56 PM
matty_f

Hilarious of Midlothian. I hope their demise is strung out as long as possible.

I never, ever expected their death to be as hysterical as it's playing out. It really has been a wholly pleasant surprise.
10-12-2013, 05:56 PM
cabbageandribs1875

slightly off topic, but i saw this news item and immediately thought of the huge hertz support

http://www.bbc.co.uk/news/business-25316449

Television viewers were exposed to nearly 400,000 payday loan adverts last year, according to the regulator, Ofcom.

one loan advert for every yamboid on planet earth :shocked:

just sayin likesy
10-12-2013, 05:57 PM
jacomo

Quote:

Originally Posted by Dashing Bob S

"It was the Serge wot said it!"

Those muppets troubles haven't even started yet. This whole business is much more complex than FOH/BDO/Banderson/EEN/Pishy drawers have led the deluded to believe. I think it's instructive that seasoned yam players like Steve Cardownie are keeping their distance from this debacle. Jambo he might be, but his politician's nose is attuned to scenting an Edinburgh disaster, and there's a ****storm in the air, bound slowly but surely for Gorgie. At the end of the season the Yams will look back on this winter with rose-tinted nostalgia. This is as good as it's likely to get for them for some time to come.

I take issue with this post. I am not convinced Banderson/EEN/Pishy Breeks know wtf is going on at all.

The haunted expressions of both I am an MP and BJ after the 'successful' CVA meeting suggest that they, at least, have an inkling that the train is approaching fast and they still have a lot of knots to untie before they can get off the tracks.
10-12-2013, 06:04 PM
hibees 7062

Quote:

Originally Posted by Mellow Hibee

This is what I don't get. Considering that they've repeatedly put their hands in their pockets for the current and previous regime, you would think that they might start asking a few questions. e.g.

Who is actually putting up the money for the FOH bid?
We're all worried about the frozen shares, if they really are no problem, why have BDO not yet made a statement to that effect?

Lemmings dont ask questions mate , just like their big cousins they will just follow on
10-12-2013, 06:10 PM
Dashing Bob S

Five-wu-hu-hun...nineteen-oh-too-hoo-hoo...we killed you the May-hay-hay before lah-hah-hast...ceee-vee-ahhh approooved...be-de-oh....

As ghosts go, they would be easy pickings for Scooby Doo, which is very much appropriate, as they simply don't have one.
10-12-2013, 06:16 PM
Seveno

It reminds me of that long running tv comedy programme that everyone loved and thought would never end. The one with all those lovable characters. What was it called again ...........

Oh yeh ' Last of the Gorgie Swine'.
10-12-2013, 06:18 PM
Aldo

Quote:

Originally Posted by matty_f

Hilarious of Midlothian. I hope their demise is strung out as long as possible. I never, ever expected their death to be as hysterical as it's playing out. It really has been a wholly pleasant surprise.

Funniest thing of all is that the majority of them still don't 'get it'.

#allisbarry etc etc
10-12-2013, 06:31 PM
Gus Fring

Quote:

Originally Posted by Aldo

Funniest thing of all is that the majority of them still don't 'get it'.

#allisbarry etc etc

They keep acting the same way they were all so critical of Rangers fans for acting as well. "We're too big to go bust" "The fans will never let the club die" "We're the world famous" etc. Makes it even more hilarious.
10-12-2013, 06:39 PM
Aldo

Quote:

Originally Posted by Bajillions

They keep acting the same way they were all so critical of Rangers fans for acting as well. "We're too big to go bust" "The fans will never let the club die" "We're the world famous" etc. Makes it even more hilarious.

Yip they sure do. Yams I know think that's that and they will be back to normal from the start of the season albeit in the Championship.

They also think they will still have the 3rd biggest budget . When they said this I laughed out loud.
10-12-2013, 06:39 PM
Dashing Bob S

Not Hearts fault. Can happen to anybody.

"There but for the (dis)grace of Fraud go I."
10-12-2013, 06:45 PM
brog

Quote:

Originally Posted by Dashing Bob S

Five-wu-hu-hun...nineteen-oh-too-hoo-hoo...we killed you the May-hay-hay before lah-hah-hast...ceee-vee-ahhh approooved...be-de-oh....

As ghosts go, they would be easy pickings for Scooby Doo, which is very much appropriate, as they simply don't have one.

It was those pesky Lithuanians all along!!
10-12-2013, 06:57 PM
Albion Hibs

Quote:

Originally Posted by salinehibs

Talking of scarves, I wonder how the wee lassie that buried her Hertz scarf under the East stand is fairing up. As fir the scarf, it must be turning in its grave.
GGTTH

:top marks I will give her £10 to stick into her beloved hertz fund if she comes back and digs it out...with a plastic teaspoon! Bet the dozy mare is not laughing too hard right now, albeit like the rest of them she probably feels compelled to by something from the club charity shop every time she visits that dump!
10-12-2013, 07:08 PM
kdhibees1

Quote:

Originally Posted by Dashing Bob S

Five-wuh-hu-hun...nineteen-oh-tooo-ho-hooo, it sounds like the Christmas haunting call of the ghost of Jambos past...

Effing marvelous!! :faf::not worth
10-12-2013, 07:13 PM
147lothian

Lock reminds me of captin kirk on the starship enterprise when its heading for a collision, he asks scotty to change course, then murray say's in his best scotty accent, "I canny change the laws of physics"
10-12-2013, 07:19 PM
Mikey

Quote:

Originally Posted by 147lothian

"I canny change the laws of Lithuania"

:wink:
10-12-2013, 07:28 PM
Sergey

Quote:

Originally Posted by blackpoolhibs

If you are a gimp and looking in from behind your sofa, is it beginning to dawn on you that Sergey may have been right all along? :hibees

Quote:

Originally Posted by Dashing Bob S

"It was the Serge wot said it!"

Those muppets troubles haven't even started yet. This whole business is much more complex than FOH/BDO/Banderson/EEN/Pishy drawers have led the deluded to believe. I think it's instructive that seasoned yam players like Steve Cardownie are keeping their distance from this debacle. Jambo he might be, but his politician's nose is attuned to scenting an Edinburgh disaster, and there's a ****storm in the air, bound slowly but surely for Gorgie. At the end of the season the Yams will look back on this winter with rose-tinted nostalgia. This is as good as it's likely to get for them for some time to come.

Sorry boys - just got in as one had to moor ones boat up for winter - friggin' ducks have crapped all over the deck.

Interesting reading the last few pages. Seems like a few were a wee bit hasty to judge poor old moi a few weeks back. Makes you wonder what BDO actually had to do to get to the CVA 'approved' stage, especially when I was categorically told it was going to be a NO vote.

Surely BDO aren't playing games? They've certainly NO influence as to what's happening in Lithuania.

It's good to be in contact with someone who has, though :agree:

GIRFUY ya Kickback strokers.
10-12-2013, 07:36 PM
Kato

Quote:

Originally Posted by Sergey

Makes you wonder what BDO actually had to do to get to the CVA 'approved' stage,

The Lithuanians can do without the bad PR of pushing a Scottish football club onto the scrapheap and cashing in on their, urrm, scrapheap of a ground. They know their legal process is going to go into an attritional stage so approve the CVA conditionally, then they will cash in down the line.
10-12-2013, 07:44 PM
Onion

Quote:

Originally Posted by Springbank

I would be so proud of the Yams if they make it successfully through the season, albeit relegated, but still in admin.

If they still haven't reached zero point by May, and being in admin means they start on minus one third of the previous season's total, would their current -3 mean they start next season on -1?

If so, that is genius.

Yams win the Rachel Riley Award for creative accountancy even in Administration, though at arguably a wee bit of a price (dignity, respect, relegation, probity, integrity to name but five victims...)

Actually, it should mean they start on +1 (double minus = positive at my school), so as you say simply genius :greengrin
10-12-2013, 07:44 PM
Jack

Bloomberg take their facts and stories from hibs.net. FACT. END OF.
10-12-2013, 07:51 PM
Sergey

Quote:

Originally Posted by Jack

Bloomberg take their facts and stories from hibs.net. FACT. END OF.

You're half way right. Jack :wink:

If you rearrange your sentence you'll be closer to the mark :greengrin
10-12-2013, 07:51 PM
Makaveli

Quote:

Originally Posted by Jack

Bloomberg take their facts and stories from hibs.net. FACT. END OF.

Undercover Hobo posting as Bloomberg. Obviously still hurting.

Nothing to see here.

#allisbarry
10-12-2013, 07:58 PM
Chibs

Quote:

Originally Posted by hibees 7062

http://www.ohmagif.com/wp-content/up...s-the-beer.gif

is that pishy breeks in the background awaiting his order until the guy spots that's the fat **** that has failed to pay his tab
10-12-2013, 08:04 PM
Stax

Quote:

Originally Posted by brog

It was those pesky Lithuanians all along!!

And we woulda gotten away with it to if it wasn't for those meddling .netters..
10-12-2013, 08:04 PM
wookie70

Quote:

Originally Posted by Onion

Actually, it should mean they start on +1 (double minus = positive at my school), so as you say simply genius :greengrin

That would be multiplying two negatives. It is a fraction multiplied by a negative so -3x0.333333= -1
10-12-2013, 08:16 PM
Bostonhibby

Quote:

Originally Posted by Dashing Bob S

Five-wu-hu-hun...nineteen-oh-too-hoo-hoo...we killed you the May-hay-hay before lah-hah-hast...ceee-vee-ahhh approooved...be-de-oh....

As ghosts go, they would be easy pickings for Scooby Doo, which is very much appropriate, as they simply don't have one.

Scooby Doo? Is Mikey Stewart ****gy?
10-12-2013, 09:19 PM
hibees 7062

Quote:

Originally Posted by poolman

She can ram it up her........

:faf:
10-12-2013, 09:37 PM
poolman

Sorry Mikey

Bit too many Bishops Fingers ales
10-12-2013, 10:51 PM
monktonharp

Quote:

Originally Posted by Jack

Bloomberg take their facts and stories from hibs.net. FACT. END OF.

ok Sergey, do you mean.....Jack tells Bloomberg what's what, and this can be confirmed on Hibs.net, FACT. ?:greengrin
10-12-2013, 11:22 PM
SloopJB

Quote:

Originally Posted by monktonharp

ok Sergey, do you mean.....Jack tells Bloomberg what's what, and this can be confirmed on Hibs.net, FACT. ?:greengrin

A source close to the story understands...................
11-12-2013, 04:25 AM
Sanger

Quote:

Originally Posted by Makaveli

Undercover Hobo posting as Bloomberg. Obviously still hurting.

Nothing to see here.

#allisbarry

Clearly not as Bloomberg were miles ahead of the game with the impact of Ukio Bankas troubles and bankruptcy and implications for Romanov and hearts. This was months before this thread even started and shows how little our Supposed insiders with contacts in Lith actually knew. Of course they were posting everything on the private board not!
11-12-2013, 05:53 AM
PapillonVert

Quote:

Originally Posted by einstein

is that pishy breeks in the background awaiting his order until the guy spots that's the fat **** that has failed to pay his tab

OMG it looks just like him! :greengrin

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