Share Transfers Agreed/Cooling off period

Rubber Stamp not working?

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Originally Posted by Mon Dieu4

Im attempting to ride Mila Kunis

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That'll take more than 30 days notice. Mind you probably happen quicker than than Joey getting hold of the shares

Unless something tangible comes from Jackson's visit- 1. News that Lith admins have obtained shares from Lith courts, 2. A date set for creditors meeting, there is absolutely no reason for him to go there unless it's negative news. And we shall soon know by the announcement or absence of those factors.

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Originally Posted by Bajillions

Rubber Stamp not working?

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Rubber Ducked I would suggest.

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Originally Posted by Dashing Bob S

Unless something tangible comes from Jackson's visit- 1. News that Lith admins have obtained shares from Lith courts, 2. A date set for creditors meeting, there is absolutely no reason for him to go there unless it's negative news. And we shall soon know by the announcement or absence of those factors.

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Assuming he is back now and there has been no progress then it's likely that the trip was a wasted effort.

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Originally Posted by Ozyhibby

Assuming he is back now and there has been no progress then it's likely that the trip was a wasted effort.

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I'm betting that he was there to try and circumvent further bad news. And failing.

Next week is going to be be a belter. They have five days to announce the date of a creditors meeting to be out of admin before April. I don't think they are going to give us the date when the CVA can be 'rubber stamped'.

Does anybody think they will?

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Originally Posted by Ozyhibby

@The_FOH: BDO are attempting to secure movement in LTN in terms of UBIG to allow a Creditors Meeting to take place. That will require 30 days notice.

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What's he doing in Luton?

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Originally Posted by Mon Dieu4

Im attempting to ride Mila Kunis

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hahaha that's brilliant!! :-D

@The_FOH: @craigmcnhibs very much down to issues in Lithuania. Working with different legal system.

@craigmcnhibs: @The_FOH surely someone can give a time frame? Is it just the creditors meeting or Lithuanian courts still involved? Appreciate your reply.

@The_FOH: @craigmcnhibs both, court needs to approve UBIG creditors list, then creditors meeting. HMFC v small part of big web.

Funny how its allverycomplex again and not rubber stamping...

30 days notice AND legal timescale to process paperwork out of admin. Assumes meeting will take place soon (no evidence of this), assumes the right result (no certainty) and assumes no legal barrier or appeals (no evidence this will be the case).

Today will be the start of the expectation management. As someone else said next week will be interesting. Wonder when Brian is back....

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Originally Posted by Dashing Bob S

I'm betting that he was there to try and circumvent further bad news. And failing.

Next week is going to be be a belter. They have five days to announce the date of a creditors meeting to be out of admin before April. I don't think they are going to give us the date when the CVA can be 'rubber stamped'.

Does anybody think they will?

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Not a chance Bob.

However, I expect there to be quite a bit of "big news" next week, that will all focus on what great stuff is just round the corner for the biggest movement in scottish football.

There is likely to be little actual substance to these tales, and some might call them 'diversions', but not our pink chums, they'll be delighted with everything and us wee teamers will be seething.

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Originally Posted by Col2

@The_FOH: @craigmcnhibs very much down to issues in Lithuania. Working with different legal system.

@craigmcnhibs: @The_FOH surely someone can give a time frame? Is it just the creditors meeting or Lithuanian courts still involved? Appreciate your reply.

@The_FOH: @craigmcnhibs both, court needs to approve UBIG creditors list, then creditors meeting. HMFC v small part of big web.

Funny how its allverycomplex again and not rubber stamping...

30 days notice AND legal timescale to process paperwork out of admin. Assumes meeting will take place soon (no evidence of this), assumes the right result (no certainty) and assumes no legal barrier or appeals (no evidence this will be the case).

Today will be the start of the expectation management. As someone else said next week will be interesting. Wonder when Brian is back....

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And there's absolutely nothing that anyone inside the PBS can do to speed up the process and the above pretty much mirrors what I said the minute they entered administration.

And funny... Not a single reference on kickback. More relevant for them is which players will they be signing...

That's quite a flurry we're getting from FOH. Maybe someone has decided it's about time they put the brakes on the excitement and raise the problem of the frozen shares.

The shares are frozen, aren't they? I'm sure I read that somewhere..............

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Originally Posted by Col2

And funny... Not a single reference on kickback. More relevant for them is which players will they be signing...

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They still signing Stevie May, Kris Boyd and the other players from the non-OF select?

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Originally Posted by Mikey

That's quite a flurry we're getting from FOH. Maybe someone has decided it's about time they put the brakes on the excitement and raise the problem of the frozen shares.

The shares are frozen, aren't they? I'm sure I read that somewhere..............

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Mikey, don't let the facts get in the way of a good story though

Whats the point of a Creditors Meeting until the Lith Authorities chuck the frozen shares into a microwave?

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Originally Posted by Billy Whizz

Mikey, don't let the facts get in the way of a good story though

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It's never stopped BAnderson

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Originally Posted by Jonnyboy

It's never stopped BAnderson

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He said good story :greengrin

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Originally Posted by Col2

@The_FOH: @craigmcnhibs very much down to issues in Lithuania. Working with different legal system.

@craigmcnhibs: @The_FOH surely someone can give a time frame? Is it just the creditors meeting or Lithuanian courts still involved? Appreciate your reply.

@The_FOH: @craigmcnhibs both, court needs to approve UBIG creditors list, then creditors meeting. HMFC v small part of big web.

Funny how its allverycomplex again and not rubber stamping...

30 days notice AND legal timescale to process paperwork out of admin. Assumes meeting will take place soon (no evidence of this), assumes the right result (no certainty) and assumes no legal barrier or appeals (no evidence this will be the case).

Today will be the start of the expectation management. As someone else said next week will be interesting. Wonder when Brian is back....

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FoH accept HMFC are v small? Must be like a bayonet through the heart.

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Originally Posted by Bajillions

He said good story :greengrin

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I know but BAnderson's stories are always good, based as they are on fiction :greengrin

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Originally Posted by robinp

They still signing Stevie May, Kris Boyd and the other players from the non-OF select?

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I can't see Boyd going there. Once the strike force of May and MacKay are installed, they will be first pick and Boyd could only be a benchwarmer, probably not much use to him at this stage of his career.

Anyone heard anything on the new stand?

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Originally Posted by Bajillions

Rubber Stamp not working?

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Banderson should add some context to his 'rubber stamp' story.

If you think about it, it's actually quite a complex piece of technology, requiring at 3 separate elements - the stamp itself, the ink and of course the piece of paper that will receive the stamping.

Once again it's not Banderson that's wrong, but the world outside his head.

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Originally Posted by Dashing Bob S

I can't see Boyd going there. Once the strike force of May and MacKay are installed, they will be first pick and Boyd could only be a benchwarmer, probably not much use to him at this stage of his career.

Anyone heard anything on the new stand?

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Still in planning last I heard

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Originally Posted by Col2

And funny... Not a single reference on kickback. More relevant for them is which players will they be signing...

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Their ability to stick their fingers in their ears when FoH are sending a clear signal that things are not progressing is an amazing feat.

Was it march they said the cash will run out?

The deafening silence on Kickback is instructive. FOH have been making statements (admittedly bland ones, starting their southward management of expectations) and nobody seems to consider this worthy of comment or analysis.

I really do expect a turgid, bitter and ugly struggle towards liquidation from here on in.

Sad in some ways, as I'd like to have seen this exciting business plan and fan management group in action.

Any one care speculate on the chance that, in the event of liquidation, FOH might be able to buy the assets and take over the running of a newco Hearts in the Lowlife?

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Originally Posted by Dashing Bob S

Any one care speculate on the chance that, in the event of liquidation, FOH might be able to buy the assets and take over the running of a newco Hearts in the Lowlife?

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I'd expect them to pick up everything except the PBS, and probably for a token pound.

My only concern would be that ground sharing at Livingston may be better for them than having to pay for the upkeep of the PBS and the cost of replacing the asbestos death trap.

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Originally Posted by Eyrie

I'd expect them to pick up everything except the PBS, and probably for a token pound.

My only concern would be that ground sharing at Livingston may be better for them than having to pay for the upkeep of the PBS and the cost of replacing the asbestos death trap.

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I know we've been through all this with sevco, but what would they be buying? The club name, SPFA licence and player contracts (those would probably be cancelled...)

Unless I'm jumping the gun, those tweets are probably the bleakest thing I have yet seen from FOH. The closest to an admission that the famous are but a bit part and relatively powerless to do owt about it. Can someone who knows what they are talking about (cos I don't) clarify this?

The tweets say that the creditors meeting cannot take place until a court has agreed to who the creditors are. And then once the court has decided that, the creditors need to meet to decide stuff, like whether to sell the homfc shares for diddly squat. Is that right?

But even if the creditors do decide to the honourable thing and hand over the shares to our poppy-pinching neighbours, the shares can only be transferred when a court agrees that the assets of UBIG can be unfrozen. Correct?

Is there any reason why a court would see homfc shares as deserving to be unfrozen ahead of the other UBIG assets? Particularly when they're all frozen because of a big criminal investigation and homfc are in for about £65m (directly or indirectly) of the dodgy transactions?

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Originally Posted by Eyrie

I'd expect them to pick up everything except the PBS, and probably for a token pound.

My only concern would be that ground sharing at Livingston may be better for them than having to pay for the upkeep of the PBS and the cost of replacing the asbestos death trap.

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A newco starting in Div 2 playing in Livingston?
I swear I would never need porn again.

Hearts are heading for a period where they will be lucky to match their success of the late 60's and 70's. They will be able to honour their great hero Donald Ford by achieving what he did. Absolutely F all.

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Originally Posted by Pinkie

Unless I'm jumping the gun, those tweets are probably the bleakest thing I have yet seen from FOH. The closest to an admission that the famous are but a bit part and relatively powerless to do owt about it. Can someone who knows what they are talking about (cos I don't) clarify this?

The tweets say that the creditors meeting cannot take place until a court has agreed to who the creditors are. And then once the court has decided that, the creditors need to meet to decide stuff, like whether to sell the homfc shares for diddly squat. Is that right?

But even if the creditors do decide to the honourable thing and hand over the shares to our poppy-pinching neighbours, the shares can only be transferred when a court agrees that the assets of UBIG can be unfrozen. Correct?

Is there any reason why a court would see homfc shares as deserving to be unfrozen ahead of the other UBIG assets? Particularly when they're all frozen because of a big criminal investigation and homfc are in for about £65m (directly or indirectly) of the dodgy transactions?

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That's pretty much it, but I'd also add that the UBIG shares, once unfrozen, will be passed to the admins of Ukio for disposal. Therein lies another problem, getting the provisional CVA approved by Ukio creditors committee, which still isn't in place.

Of course, now that Budge has been seen to be cash rich, it would come as no surprise if Ukio held out for the true land value, as the club/shares/land won't be getting passed to a fans group, but instead to a wealthy entrepreneur.

The goalposts have changed considerably since the initial CVA meeting.... and not in a good way if you were a Yam.

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Originally Posted by Mon Dieu4

Im attempting to ride Mila Kunis

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You will be banging her senseless before those shares are in FOH hands.

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Originally Posted by Sergey

That's pretty much it, but I'd also add that the UBIG shares, once unfrozen, will be passed to the admins of Ukio for disposal. Therein lies another problem, getting the provisional CVA approved by Ukio creditors committee, which still isn't in place.

Of course, now that Budge has been seen to be cash rich, it would come as no surprise if Ukio held out for the true land value, as the club/shares/land won't be getting passed to a fans group, but instead to a wealthy entrepreneur.

The goalposts have changed considerably since the initial CVA meeting.... and not in a good way if you were a Yam.

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Thanks. It's quite a cocktail of bleakness. Which is nice.

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Originally Posted by Sergey

That's pretty much it, but I'd also add that the UBIG shares, once unfrozen, will be passed to the admins of Ukio for disposal. Therein lies another problem, getting the provisional CVA approved by Ukio creditors committee, which still isn't in place.

Of course, now that Budge has been seen to be cash rich, it would come as no surprise if Ukio held out for the true land value, as the club/shares/land won't be getting passed to a fans group, but instead to a wealthy entrepreneur.

The goalposts have changed considerably since the initial CVA meeting.... and not in a good way if you were a Yam.

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On the positive side a lot of people will be better off as there will be no need to shell out on the direct debits every months and the cost of an ST to watch Lowland League football at Livy shouldn't be too high.

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Originally Posted by Sergey

That's pretty much it, but I'd also add that the UBIG shares, once unfrozen, will be passed to the admins of Ukio for disposal. Therein lies another problem, getting the provisional CVA approved by Ukio creditors committee, which still isn't in place.

Of course, now that Budge has been seen to be cash rich, it would come as no surprise if Ukio held out for the true land value, as the club/shares/land won't be getting passed to a fans group, but instead to a wealthy entrepreneur.

The goalposts have changed considerably since the initial CVA meeting.... and not in a good way if you were a Yam.

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I can't believe Budge would go public unless the price she is offering to pay is now fixed. I may be underestimating their stupidity however. :greengrin

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Originally Posted by jacomoseven

I can't believe Budge would go public unless the price she is offering to pay is now fixed. I may be underestimating their stupidity however. :greengrin

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Did she go public or did someone do it for her?

To be fair both Sergey and Bajillions have been absolutely spot on in recent months. I am sure i am not the only one who started to get influenced by all the pro FOH media stuff....

...i should have known better. And wont be making that mistake again.

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Originally Posted by Haymaker

Did she go public or did someone do it for her?

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The latter. Her name is registered name under Bidco so media were going to pick it up regardless. No excuse for the follow up media stories.

I think Jackson will pull the plug in the next fortnight. He'll have been told in Lithuania to expect at least 6 months to get the process of unfreezing the shares underway. He'll then cite the fact that he tried everything including going to Lithuania.

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Originally Posted by Col2

To be fair both Sergey and Bajillions have been absolutely spot on in recent months. I am sure i am not the only one who started to get influenced by all the pro FOH media stuff....

...i should have known better. And wont be making that mistake again.

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Thank you for noticing. It's difficult not to look like a slaver when the media are putting a positive spin on everything. When I reply with "My sources are saying different" it can take a long time for it becomes clear I wasn't talking rubbish. I'm not looking to be hailed as a hero or expect everyone to bow at my feet. I simply just get info and then post what I hear on here.

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Originally Posted by Bajillions

Thank you for noticing. It's difficult not to look like a slaver when the media are putting a positive spin on everything. When I reply with "My sources are saying different" it can take a long time for it becomes clear I wasn't talking rubbish. I'm not looking to be hailed as a hero or expect everyone to bow at my feet. I simply just get info and then post what I hear on here.

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Cannot wait for the news from the sources this week :greengrin:thumbsup:

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Originally Posted by Col2

The latter. Her name is registered name under Bidco so media were going to pick it up regardless. No excuse for the follow up media stories.

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Worst case for them I suppose! Probably didn't want to be named so early... especially if it has affected the possible takeover IF it ever happens!

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Originally Posted by Col2

The latter. Her name is registered name under Bidco so media were going to pick it up regardless. No excuse for the follow up media stories.

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There are a few Bidco's registered at Companies House, only the 1874 bit links it with the Yams and I very much doubt our sports press would have picked up on it unless it was waved under their noses.

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Originally Posted by Col2

The latter. Her name is registered name under Bidco so media were going to pick it up regardless. No excuse for the follow up media stories.

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Was there a need for her name being registered under BIDCO at this time?

Probably not, I don't know the technicalities of these things.

But it's not as though, their club; S.H.I.T., BDO, banderson and the EEN and everyone else involved appear to have mucked up dates and timings.

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Originally Posted by Hibby70

I think Jackson will pull the plug in the next fortnight. He'll have been told in Lithuania to expect at least 6 months to get the process of unfreezing the shares underway. He'll then cite the fact that he tried everything including going to Lithuania.

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The way the cards are falling this now seems to be the most likely scenario. A bit of expectation lowering this week, as parties try to maintain their credibility, then the guillotine brought down in a fortnight or so.

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Originally Posted by Dashing Bob S

The way the cards are falling this now seems to be the most likely scenario. A bit of expectation lowering this week, as parties try to maintain their credibility, then the guillotine brought down in a fortnight or so.

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The end game is coming.

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Originally Posted by Jack

Was there a need for her name being registered under BIDCO at this time?

Probably not, I don't know the technicalities of these things.

But it's not as though, their club; S.H.I.T., BDO, banderson and the EEN and everyone else involved appear to have mucked up dates and timings.

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I think it was more like pressure from some of the FoH committee who would not be happy to continue to take the pledges and beg for new ones under false pretenses.

They had to come clean, but probably thought they could just spin the Ukio admin. a line and everything would be barry.

And why not, they all thought they owed the money to themselves. :greengrin

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Originally Posted by coco bryce

the end game is coming.

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:lol:

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Originally Posted by Coco Bryce

The end game is coming.

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Their cakes are baking.

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Originally Posted by Hibby70

I think Jackson will pull the plug in the next fortnight. He'll have been told in Lithuania to expect at least 6 months to get the process of unfreezing the shares underway. He'll then cite the fact that he tried everything including going to Lithuania.

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If that's the case, BJ will be seeking asylum in Lith Land.

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Originally Posted by Dashing Bob S

Anyone heard anything on the new stand?

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Once they are financially refreshed and the PBS redevelopment is underway, the collective seethe on this board will be tangible.

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Originally Posted by Hibby70

I think Jackson will pull the plug in the next fortnight. He'll have been told in Lithuania to expect at least 6 months to get the process of unfreezing the shares underway. He'll then cite the fact that he tried everything including going to Lithuania.

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Reallly? Has he ever pulled the plug on any club he's been involved with? I recall lots of aparent close calls and news of imminent liquidation with the likes of Dunfermline but unsuprisingly they never went under.

Don't see this one ending any differently to be honest.

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Originally Posted by DaveF

Reallly? Has he ever pulled the plug on any club he's been involved with? I recall lots of aparent close calls and news of imminent liquidation with the likes of Dunfermline but unsuprisingly they never went under.

Don't see this one ending any differently to be honest.

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portsmouth

beating 9 men in that semi at the wonderful stadium that is Easter Road, with a final looming and all the income that would have brought, now appears to be a bit of a sore one.

Still, a few bake sales and face painting and I'm sure the cash flow will be just fine.

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Originally Posted by clerriehibs

portsmouth

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As I recall, BDO did a good job to keep Portsmouth trading, before deciding that Newco was the only viable option. As the Oldco Portsmouth shares are still frozen that seemed very wise.

HMFC were in a worse position when BDO took over.

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Originally Posted by Bajillions

.... I'm not looking to be hailed as a hero or expect everyone to bow at my feet.

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You are and we do! And if the BIGL finally happens, you - and a few other worthies on here - should expect to be carried shoulder-high from the bottom of Easter Road and onto the pitch to be given a standing ovation. And to be allowed to win the Happy Hibee half-time draw and to take part in the half-time 10-second challenge. We DO know how to treat deserving people on here:thumbsup:

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Originally Posted by DaveF

Reallly? Has he ever pulled the plug on any club he's been involved with? I recall lots of aparent close calls and news of imminent liquidation with the likes of Dunfermline but unsuprisingly they never went under.

Don't see this one ending any differently to be honest.

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Remember BDO and Brian Jackson said at the start - this is the worst football administration they had seen.

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Originally Posted by DaveF

Reallly? Has he ever pulled the plug on any club he's been involved with? I recall lots of aparent close calls and news of imminent liquidation with the likes of Dunfermline but unsuprisingly they never went under.

Don't see this one ending any differently to be honest.

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It's the frozen shares that make all the difference. Dunfermline didn't have that problem to deal with and Portsmouth did. Dunfermline weren't liquidated and Portsmouth were.

You can see where this is going :greengrin

However, I still think they'll see out the season on the park.

Am I reading this latest tweet right? Are they saying that FOH money could now (potentially) be used to keep them afloat?

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Craig McNamara ‏@craigmcnhibs 12h
@The_FOH thanks again. Is there a time constraint at this end? Can BDO keep the admin going if further delay in Lithuania?

Foundation of Hearts ‏@The_FOH 2h
@craigmcnhibs hopefully yes, but as has been reported by BDO cash will run v low.

Craig McNamara ‏@craigmcnhibs 1h
@The_FOH is it possible to use FoH money to keep things going? Lithuanians have been v slow so far.

Foundation of Hearts ‏@The_FOH 8m
@craigmcnhibs That would be a point for negotiation.

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Originally Posted by Ozyhibby

@The_FOH: BDO are attempting to secure movement in LTN in terms of UBIG to allow a Creditors Meeting to take place. That will require 30 days notice.

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Originally Posted by Col2

@The_FOH: @craigmcnhibs very much down to issues in Lithuania. Working with different legal system.

@craigmcnhibs: @The_FOH surely someone can give a time frame? Is it just the creditors meeting or Lithuanian courts still involved? Appreciate your reply.

@The_FOH: @craigmcnhibs both, court needs to approve UBIG creditors list, then creditors meeting. HMFC v small part of big web.

Funny how its allverycomplex again and not rubber stamping...

30 days notice AND legal timescale to process paperwork out of admin. Assumes meeting will take place soon (no evidence of this), assumes the right result (no certainty) and assumes no legal barrier or appeals (no evidence this will be the case).

Today will be the start of the expectation management. As someone else said next week will be interesting. Wonder when Brian is back....

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Still no mention of the FOH Tweets over the road.

:ostrich:

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Originally Posted by Twa Cairpets

Am I reading this latest tweet right? Are they saying that FOH money could now (potentially) be used to keep them afloat?

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It could, but it would need a change in the FOH constitition. That apart, I wouldn't see much resistance from the Diddies, if it's keeping the Club open.

Ms. Budge might not like the idea though.

Old purple drawers wont be amused.

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Originally Posted by Mikey

Still no mention of the FOH Tweets over the road.

:ostrich:

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Well done to all those that hung on to the trail. There is still hope they will be obliterated from history!

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Originally Posted by CropleyWasGod

It could, but it would need a change in the FOH constitition. That apart, I wouldn't see much resistance from the Diddies, if it's keeping the Club open.

Ms. Budge might not like the idea though.

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Just seems a bit unusual that they are now even raising the possibility of the cash being frittered away to support BDO.

It entertainingly like a kind of poor mans "1984" with history getting changed as the masses kow-tow in misery, subjection and stupidity.

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Originally Posted by Mikey

Still no mention of the FOH Tweets over the road.

:ostrich:

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Bet if they mention 1902, 5-1 or the possibility of a new striker they would be all over it like a cheap suit.
Anything remotely negative and they zone right out and dream about Rudi.

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Originally Posted by Twa Cairpets

Just seems a bit unusual that they are now even raising the possibility of the cash being frittered away to support BDO.

It entertainingly like a kind of poor mans "1984" with history getting changed as the masses kow-tow in misery, subjection and stupidity.

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Surely that adds risk to the "no risk" pledges. They were told they'd get the money back if the sale didn't go through so if they start spending the money now then how will they repay the contributors?

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Originally Posted by matty_f

Surely that adds risk to the "no risk" pledges. They were told they'd get the money back if the sale didn't go through so if they start spending the money now then how will they repay the contributors?

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They will not but the Yams are daft enough to believe the story which will unfold if they go down that route.

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Originally Posted by matty_f

Surely that adds risk to the "no risk" pledges. They were told they'd get the money back if the sale didn't go through so if they start spending the money now then how will they repay the contributors?

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Exactly, changing the terms of the DDs sounds easy but will be an admin nightmare. Many might be happy for the funds to be used to keep the club on life support, but some will just want their money back. Managing opt-outs will take time, effort and money. Tick tock.

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Originally Posted by Zondervan

So my good friend and "respected" poster on Brokeback has just told me BDO will announce in the next couple of days that a deal has been reached with the Lith's. Admin will be exited in 4-6 weeks.

Specifically asked for Sergey's view on this (they don't like you over there!).

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Originally Posted by Mikey

That's 4 weeks up :greengrin

Any chance you can ask yer man how confident he is of them coming out of admin in the next 2 weeks? Don't forget to remind him of the frozen shares and the fact that there are still no dates set for the necessary meetings in Lithuania :wink:

2 weeks might be a little tight :Romanov:

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5 weeks :wink:

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Originally Posted by matty_f

Surely that adds risk to the "no risk" pledges. They were told they'd get the money back if the sale didn't go through so if they start spending the money now then how will they repay the contributors?

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I would say it not only adds risk but completely changes the basis of the donation. Again.

Its the first time as far as Im aware that they've flagged it up as a possibility anywhere. Again, it may be misinterpretation on my part, but on the face of it this doesn't seem to be the case.

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Originally Posted by matty_f

Surely that adds risk to the "no risk" pledges. They were told they'd get the money back if the sale didn't go through so if they start spending the money now then how will they repay the contributors?

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Originally Posted by Twa Cairpets

I would say it not only adds risk but completely changes the basis of the donation. Again.

Its the first time as far as Im aware that they've flagged it up as a possibility anywhere. Again, it may be misinterpretation on my part, but on the face of it this doesn't seem to be the case.

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They're stumbling from one catastrophe to the next, with nothing more than a few encouraging PR releases to appease the masses.

If indeed FoH do dip into the pledges, that's another game-changer, especially if folk want their money back.

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Originally Posted by Mikey

5 weeks :wink:

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I am off today, but will ask him tomorrow. There is still a week for things to be turned around though!! 😎

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Originally Posted by Twa Cairpets

I would say it not only adds risk but completely changes the basis of the donation. Again.

Its the first time as far as Im aware that they've flagged it up as a possibility anywhere. Again, it may be misinterpretation on my part, but on the face of it this doesn't seem to be the case.

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Hostage to fortune?

July 7, 2013

http://www.foundationofhearts.org/an...ion-of-hearts/

Quote:

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PS Remember your direct debit is 100% safe and secure, and all monies (minus very small administration charges) will be returned if the bid is not successful. It’s a no risk situation!

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As Bajillions and CWG have pointed out, FoH only allows for their money to be used once the acquisition of HMFC has happened. I can't see how they can prop up the club in the meantime unless their go back to all the Diddies and ask for their permission.

However, having read through past FoH statements I know notice that they have been carefully worded so as not to claim that FoH is going to run the club. Their favourite phrase is "the bid submitted on behalf of FoH". I guess this gives them a little wriggle room to say they never claimed FoH was actually going to run the club.

If Hearts are not out of Administration by the end of the season

1. Will the signing ban remain?
2. Who is out of contract and will require to be replaced?
3. How can they do 2 whilst 1 is in place?

Quote:

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Originally Posted by Zondervan

I am off today, but will ask him tomorrow. There is still a week for things to be turned around though!! 

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:thumbsup:

Five - one

Corrupt - ion
Administrat -ion
Relegat - ion
Liquidat - ion
Demolit - Ion

Hearts famous five.

Quote:

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Originally Posted by PatHead

If Hearts are not out of Administration by the end of the season

1. Will the signing ban remain?
2. Who is out of contract and will require to be replaced?
3. How can they do 2 whilst 1 is in place?

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They are allowed to replace out of contract players who leave as long as they are on same wages and the SPFL deems them a like for like replacement.
Doubt it will get to that.

Attachment 12084

Wonder if this 'woman' (??) realises how popular she's become ??

Quote:

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Originally Posted by Mikey

Still no mention of the FOH Tweets over the road.

:ostrich:

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There is a another new thread dedicated to Myself and Sergey though. :thumbsup:

I'm a Jambo at the wind up apparently. My info is wrong. Blah Blah Blah.

I don't think they've ever given any examples of where my info has been wrong but Hearts fans don't silly themselves with silly things like evidence.

Quote:

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Originally Posted by Bajillions

There is a another new thread dedicated to Myself and Sergey though. :thumbsup:

I'm a Jambo at the wind up apparently. My info is wrong. Blah Blah Blah.

I don't think they've ever given any examples of where my info has been wrong but Hearts fans don't silly themselves with silly things like evidence.

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Do you have a link ? I could do with a laugh.

Enjoy http://www.hmfckickback.co.uk/index....more-net-gold/

Quote:

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Originally Posted by Bajillions

There is a another new thread dedicated to Myself and Sergey though. :thumbsup:

I'm a Jambo at the wind up apparently. My info is wrong. Blah Blah Blah.

I don't think they've ever given any examples of where my info has been wrong but Hearts fans don't silly themselves with silly things like evidence.

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If so, you're a Jambo with a serious case of Stockholm syndrome.

And Sergey has a multiple personality disorder of course. :greengrin

Quote:

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Originally Posted by Bajillions

Enjoy http://www.hmfckickback.co.uk/index....more-net-gold/

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That thread is the actual sound of the bottom of a barrel being scraped.

Quote:

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Originally Posted by Bajillions

Enjoy http://www.hmfckickback.co.uk/index....more-net-gold/

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Had a quick look. Had to close it quickly.

WTF?

Are these humans? With jobs?
How can they type and afford a computer/internet enabled device?

I mean, WTF?

and oh - Where/when has Baj/Serg. been wrong? where? hello ?

and yes, this place is the home of the truth. Weeks and weeks ahead of the media since day 1.

Plums. Enjoy seeing your club going down the pan.
Pleasing.

Quote:

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Originally Posted by jacomoseven

If so, you're a Jambo with a serious case of Stockholm syndrome.

And Sergey has a multiple personality disorder of course. :greengrin

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Who sends photos of himself across the internet - Yammish behavior in that one though, maybe Sergey's a first team member :hmmm:

Quote:

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Originally Posted by Bajillions

Enjoy http://www.hmfckickback.co.uk/index....more-net-gold/

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Cheers. Muppets.

Quote:

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Originally Posted by bajillions

i'm a jambo at the wind up apparently. My info is wrong. Blah blah blah.

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ltyf

Quote:

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Originally Posted by Bajillions

There is a another new thread dedicated to Myself and Sergey though. :thumbsup:

I'm a Jambo at the wind up apparently. My info is wrong. Blah Blah Blah.

I don't think they've ever given any examples of where my info has been wrong but Hearts fans don't silly themselves with silly things like evidence.

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Brilliant. Its got my quotes in as well.

Fantastic. I wonder if deep down any more bad news will be the tipping point for them all and this is diving such denial that they aren't even acknowledging 'Sir Ian Murray' tweets?

Or maybe dexter has warned them all to tow the line.....

And still no reply to last nights FoH tweets.

Surely circa 8000 of them can't ignore them...

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@The_FOH: @craigmcnhibs very much down to issues in Lithuania. Working with different legal system.

@craigmcnhibs: @The_FOH surely someone can give a time frame? Is it just the creditors meeting or Lithuanian courts still involved? Appreciate your reply.

@The_FOH: @craigmcnhibs both, court needs to approve UBIG creditors list, then creditors meeting. HMFC v small part of big web.

Funny how its allverycomplex again and not rubber stamping...

30 days notice AND legal timescale to process paperwork out of admin. Assumes meeting will take place soon (no evidence of this), assumes the right result (no certainty) and assumes no legal barrier or appeals (no evidence this will be the case).

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Quote:

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Originally Posted by Sergey

And still no reply to last nights FoH tweets.

Surely circa 8000 of them can't ignore them...

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#createmystery

The strange lack of yam spin doctoring has caused a news fungibility crisis for needatictac.com

I may have missed the explanation, but what valid reason do the sickbaggers ridicule this thread? So far as I'm aware, it's charted their downfall from missed wages to admin and duration of admin damned successfully.

If hibs.net forecasts liquidation, then they should be ****ing worried rather than ridiculing the posters, our posters, who have more of a clue than their political interferers.

Quote:

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Originally Posted by Dashing Bob S

Five - one

Corrupt - ion
Administrat -ion
Relegat - ion
Liquidat - ion
Demolit - Ion

Hearts famous five.

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Excellent - the basis of a hibs.net t-shirt I might suggest..along the lines of the BeLIEve ones of a few years ago..

Quote:

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Originally Posted by clerriehibs

I may have missed the explanation, but what valid reason do the sickbaggers ridicule this thread? So far as I'm aware, it's charted their downfall from missed wages to admin and duration of admin damned successfully.

If hibs.net forecasts liquidation, then they should be ****ing worried rather than ridiculing the posters, our posters, who have more of a clue than their political interferers.

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It's all a bit Spirit of 1914, over there now - they haven't got a clue what's about to hit them. It's not as if people aren't trying to tell them, they just don't understand.

Quote:

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General Melchett: [to Baldrick] Ah, tally-ho, yippety-dip and zing zang spillip! Looking forward to bullying off for the final chukka?

Captain Blackadder: Permission to speak.

[Baldrick is silent]

Captain Blackadder: Answer the General, Baldrick!

Private Baldrick: [whispers] I can't answer him, sir, I don't know what he's talking about.

---

Quote:

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Originally Posted by Bajillions

Enjoy http://www.hmfckickback.co.uk/index....more-net-gold/

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I am starting to think that pair are Hearts fans winding them up. Surely nobody could be that deluded

Really :greengrin

The lesson from this and Sevco is that if you want the truth when your club is in financial/legal trouble, then go to your rival club's sites and find the most clued-up posters there, and because they are critics of the club in question, are more compelled to be exploring and expounding the harsher truths.

Few fans want that, as fandom is basically an irrational act based on faith, and everyone wants the best for their club. Jambos are no different. Few want to see the punches coming, which is rather a shame for them, cause it's always the one you don't see that hurts you the most.

To us it seems astonishing that they are criticising Sergey and Bajillions for merely reciting last night's FOH tweets, which they are choosing to ignore. But the criticisms are from the extreme oaffish tendency and some of the smarter (but no less partisan) Yams are now melting away in the background, quietly distancing themselves. They know the FOH CVA is dead in the water and that the club is heading for liquidation.

I'm looking forward to seeing a few desperate gambits thrown in; the changing of the rules on the FOH DD's, the begging Anne Budge to chip in an indefinite bridging loan, and yes, the cake sales may even return.

In the meantime Jambo's should buy as many copies of the 5-1 DVD as the can, because unless the Lowland League and Div 2 are their thing, they'll get through quite a few of them over the next decade.

Quote:

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Originally Posted by hibees 7062

I am starting to think that pair are Hearts fans winding them up. Surely nobody could be that deluded

Really :greengrin

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I heard there was a Yam that got Romanov's name tatooed on his back. Mind you, I'm starting to think I maybe dreamt it. Nobody is that stupid.

Just had a peek over the road, they're debating who would be better for them; Jim Goodwin or Jamie Hamill. "Goodwin couldn't lace Hamill's boots"...... Hamill couldn't lace Hamill's boots ffs!

Oh how the mighty have fallen!... Pleasing

Quote:

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Originally Posted by Col2

And funny... Not a single reference on kickback. More relevant for them is which players will they be signing...

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From one Muppet -

'I'll echo the first thoughts about Kane Hemmings. Exactly the sort of player we'll need.
Proven at that level and will only be on a few hundred quid at Cowdenbeath'


Unlike the endless £'s that'll be on offer at the PBS, eh !!

Since the confirmation of Budge it's becoming clear that the 'Big-Team/Big-Money' belief/mentality is still rampant - 'IF' they survive and she takes control, I fully expect the D/D's to plummet as they'll take the collective view that 'She can afford it' and should be honoured to be known forever as their saviour !!