will they ever upgrade that place but,they've been getting safety certs in a brown envelope for years,who is to say it won't carry on like that
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Christ Kickback is becoming as cleeky as this where you have to get a PM or join a PM forum to get some useless info. Just say it FFS. Internet forums are as sad as the masons with their secrecy.
And it's a great big **** off to kickback from me:jamboak:
Looks like it all frittered in to nothingness as usual. No civil wars, no falling outs and no shocking revelations. And we were all supposed to be in need of a change of underwear.
No.
adomonis - isn't he the chap who wanted to do the UBIG admin gig but got kicked into touch?
As entertaining as a liquidation would be, I don't think it really matters that much. I think there will be an asset purchase for a Budgie Newco on similar terms to the CVA anyway, so it's floundering 1905 Hearts down a division for 2 years or floundering 2014 Hearts starting from the 4th tier. Either way the muppets will have to find over £6M of their own hard earned over and above ST money etc just to get back to the top league. Once they get there they'll be hand to mouth in their crumbling dump of a stadium.
All of the above, btw, is supposed to be a massive GIRUY to Hibs. No, me neither. :confused:
I think any angst on here, "they're getting away with it" and the like would evaporate if TB can actually sort our team out. This season has been a real wasted opportunity, we ought to be looking forward to 4th and 5th derby wins of the season. If we had got that, and let's face it every other team bar the Sheepies (bizarrely) has been humping them for fun, there would be none of the teeth gnashing that's going on here.
Looking at a few examples of players in the Portsmouth team before administration and currently. It's all relative, of course, but I think we can expect the Yams to greet and girn for a very long time watching a team that will be 10% or less of the cost previously splurged. :greengrin
Players for Portsmouth before administration
David James
Lauren
Glen Johnson
Lassana Diarra
Papa Bouba Diop
Sulley Muntari
Jermaine Defoe
Peter Crouch
Sylvain Distin
Kanu
Asmir Begovic
Players for Portsmouth today
Phil Smith
Yassin Moutaouakil
Danny East
Joe Devera
Sonny Bradley
Marcos Painter
Jack Whatmough
Andy Barcham
Ricky Holmes
Simon Ferry
Rhys McCabe
Pleasing !
fixed that mate
Attachment 12239
So the brokebackers have all been creaming themselves over nothing today then?
Does anyone know if these were the guys who advised Ukio Bankas on the value of the Tynecastle property? It seems like a big drop in value from £22 million a few years ago to what would be left out of £2.5 million after subtracting the value of the football club and players. Nobody in the media seems to have questioned such a hyperbolic reduction in value.
NEWSEC
On a purely personal note. I do find it a bit hard to take that (not for the first time) some people on this forum seem to consider my comments as being from someone other than a Hibs fan. Can I just emphasise that I sit in the stand alongside two of the administrators of this forum and that all I try to do is express what I think is a reasonably considered opinion and raise what seem to me to be interesting points. I honetly don't give a toss about Hearts, although their current dilema is fascinating for anyone interested in Scottish football, but I like to think we are above their standard in terms of tolerating different opinions...so, please, no more accusations. Feel free to disagee with anything I write; we are all entitled to our opinions, but they are expressed by a Hibby. I would rather not have had to write this because I can appeciate how it will be looked upon elsewhere but then, I didn't make any idiotic accusations.
:flag:
Fair enough. But the fact is I've never seen any clear proof that Mikey isn't in fact a very deeply embedded early variant of greenforgo. The more I think about it, the more I see similar levels of sophistication and cunning... :hmmm:
Which stand is that you three sit in again?
Thats for sure!! Sorry to digress guys but I just came back home from London town. In a 30 minute visit I managed to almost join in a Teachers' strike march & attach myself to the paparazzi filming Max Clifford going in to Southwark Crown Court! Always something happening!
Ahead of the times,
and the Post and the Herald, and the Mail.....
http://www.fodey.com/generators/newspaper/snippet.asp
Make your own headlines.
After all the flurry of excitement about meetings this and next week that are key to exiting Administration it's gone all low key again .Is this a deliberate ploy to try and worry us or is there a complacency over there that they know they are on track to get out of admin by end of April or have they just no idea .
assume Yon Budgie woman now won't be saying a lot unless she has positive or liquidation news to impart to the Expectant Masses .Talking of Masses is Black Sabbath on or is it St Mirren s inability to take a point at Caley that will deny us our rightfull place to be the Team that inflicts the Final Blow and Relegates them proving that Sporting Integrity will always win out over cheating .
Hearts set for more delays in Lithuania
Published: 27 March 2014
Bryan Jackson. Picture: Colin Hattersley
Hearts are braced for further frustrating delays in Lithuania despite learning that UBIG’s creditors meeting will take place on 7 April.
Even if Hearts’ administrators BDO get the result they are seeking, they could have to wait until the end of April to have the collapsed investment company’s 50 per cent stake transferred due to a 20-day appeal window.
A creditors’ meeting involving the club’s largest creditor Ukio Bankas, scheduled for tomorrow, is set to approve the handover of the bank’s 29.9 per shareholding to BIDCO, Hearts’ prospective chairwoman Ann Budge’s holding company.
It had been hoped that Budge would assume control by mid-April, but she now might have to wait until the start of May.
BDO troubleshooter Bryan Jackson had said that he only had enough money in the bank to get Hearts through to the end of March. He could start selling season tickets to raise vital finance or ask the Foundation of Hearts, who are backed by over 8,000 fans donating a combined £1.4m annually, for help.
Sent from my iphone
Is this them paving the way to getting the begging bowl out again? I'm no expert but could this be a smokescreen to hide the real reason for the delay, ie. frozen shares?
Sent from my iphone
Do we have a Hibs.net equivalent of the pleasing smily?
:confused:
:flag::flag::flag::flag:
Definitely looks like D-Day will be arriving within the next month or so when we will know the likely outcome of this..
Unfortunately it seems to me that the last few hurdles will also be cleared and the Saviles will finally be able to rejoice at achieving their target of bumping as many people as possible and becoming virtually debt free whilst avoiding the liquidiser.
I'm not about to be grateful for a relegation and huge drop in turnover as nobody needs millions to get out the first division and compete - or triumph - against Hibs.
You can't transfer frozen shares bud
Ukio and ubig can agree to transfer them (subject to the courts approval)
The press have been slow on the uptake though
The courts in the case of Portsmouth fc froze the shares years ago...and they're still frozen as part of a criminal investigation
Vlad is in the same boat as the Pompey owner, under criminal investigation, so the unfreezing of shares is highly unlikely (regardless of what ukio & ubig do or say)
It'll be years
Meeting delayed. Oh that's terrible news. The poor wee YAMs must be getting worried.
According to this, http://www.scotsman.com/sport/footba...ania-1-3355045
The wee souls think they are getting the shares after the UBIG meeting but they are frozzzzzen.
They are trying to play mind games and make us think that there is a positive end game in sight .I want maximum financial suffering to be experienced by them as there is no contrition or remorse just let us sign Rudi ,don't burn out our young players, don't pay our debts as it was nothing to do with us Vlad forced this on us and we were all oblivious to what was going on .There complacency and smugness at times defies belief .Therefore I want this to drag into May and beyond so that Liquidation becomes only way out ,as I genuinely think that given the scale of cheating ie wages being paid ( remember some of there players were on seven to ten grand ) when it was clear this wasn't sustainable ,and no one addressed the issue . This is payback time
The 7th April is 10 days away, 4 of which are non working.
Remember the equivalent UKIO meeting had either 12 or 18 days notice (would some younger person please jog this aulder persons fading memory?) when invitations were sent out/made public, agendas, reports published, passports required and pens sharpened all that stuff!
Expect more delays to be added to the more delays.
I think the only real 'news' here is that there's a meeting on 7 April and whether that turns out to be accurate or not remains to be seen. There would always be a cooling off period when and if the transfer of shares is agreed, and the article ignores the fact that the transfer has to be ratified by the Lithuanian courts - it's debatable how easy that step will be. The meeting tomorrow is simply another step in the Ukio liquidation process and the best HoMFC (IA) can hope for from that is to be pretty much in the same position as they were before the meeting.
This looks to me like the start of a process of extracting yet more money from the Gorgie faithful by selling season tickets for next season to fund this season's activities. That, of course, is one of the reasons they got themselves into this mess in the first place and will have a significant impact on FoH's plans for next season.
This is how I have felt it will go for a while now, eventually they will get through the meaningless approval of the CVA simply because the creditors at that end have nothing to gain unless they really look at the true value of the wongadome.
The only way they will accelerate the court process and avoid the same outcome as Portsmouth is if they can somehow show their position is different.
Either that or there has been some behind the scenes political lobbying, I am sure the Liths will be unimpressed by Independent Ian who by his very conduct cant be seen as independent, Slavering lord foulkes was a vlad man, so that really only leaves that international statesman and renowned yam wee eck salmond to lobby on their part but maybe he has something more important to focus on at the moment.
http://www.heraldscotland.com/sport/...earts.23801953
More confusion, the Herald seems to think the 20 day cooling off period applies to the transfer of the Ukio Bankas shares. :confused:
Still can't see any shares being transferred to F0H, Budge, or into the possession of BDO until the £ 2 million initial payment is made and that is not going to happen until UBIG are in a position to hand over their 49.47% share holding.
despite every deadline being missed, this wee lamb still believes everything she is told.Quote:
Posted Today, 06:31
So there's a one day delay and the cooling off period is 20 days as opposed to 30 days ??
So there's no delay realy.....non news story.
Pleasing.
(has anyone heard a date for the court case to switch off the freezer?)
Would have thought that the cooling off period applied to both sets of shares.
Both articles talk about them being transferred to BIDCO. FOH Shirley?
That is a certainty. Remember Rudi going over to Lithland to meet Vlad and coming back with a " private deal " that Jeffries knew nothing about.
It still should have been taxable in the UK and on his registered playing contract.
Bet it was paid by UBIG, and there will be evidence with the UBIG admins, if only our footballing authorities would ask.
Looks like every bit of this procedure is going to be carried out before we find out if the frozen shares is an issue.
I don't expect there to be any problem for them getting the CVA ratified by Ukio and Ubig other than the time it takes to have all the appropriate meetings. On this, you would have to say BDO have done a fine job as it appears to be happening quite quickly now.
Then it will be down to the frozen shares.
Whichever way it goes, one set of fans is going to look a bit silly.
At least for us that's the worst that can happen.
Ok worry is the wrong word What I want to see is them get there comeuppance which IMO should be more than Administration I have no emotional investment in Hear7s apart from they are our city rivals and while I would miss that the Punishment should fit the crime . If you find that sad there isn't a lot I can do about it ,but if you want to contribute your direct Debit to There fighting fund feel free . I don't remember them all standing on the away Terracing at the Hands off Hibs event and that was there chance to show Solidarity with our plight so I assume they were happy with Mercers devious ploy when Tiny Rowland had shafted us to buy hotel chains in Bristol that were going down the swanny, he set up our then out his depth chairman ,Mr Duff to have a meeting with mercer in London to help us out financially .Duff had no idea he was meeting mercer and no idea the proposal being put to him was I will help out but make Hibs extinct in the process . Now if you are asking does that make me emotional ,the answer is yes . Now maybe I should let that all go ,but in some way Liquidation would go some way to righting that wrong .Mr Duff could of sold his soul to the Devil ,but he was a Hibby at heart and held out ,and eventually was jailed for his financial wrongdoing .( so there is a moral in there) Sir Tom had to step in or we would still have been in deep trouble
I am not looking for them to become as extinct as a Dodo ,but The big L seems to me to be a fair cop as they say .But others that feel administration is fairer are entitled to there opinion and what will be will be . Your right I won't worry:wink:
Really that is shocking.
In that case day 11/12 will be Easter so further delays !
The shares are froze and only the Lith Court can plug in the Micro Wave.
I m not saying I wont happen I just think based on probable criminal investigations, it is unlikely.
If I look silly so be it
We can hardly look silly after telling them for years it would end in tears.
All that we can get wrong now is that they won't be liquidate.
Everything else we have predicted has come to pass. Self sufficiency; missing shares; Vlads Disappearance; Administration; more cake sales; no transfer of owner ship; missed deadlines (August, October, December, January, March) ; relegation (remember how they'd be past us by September).
if they avoid Liquidation, we can look forward to many more predictions coming true. Their struggle living within their means, the slow progress out of the Championship, the struggle to fix their death trap stadium, the relocation to Livingston, the drop down the leagues, sponsorship by Shandon Fags and Mags, the car boot sales and open air market at the PBS, the attendances of 45,000 at Saughton Enclosure, the pathetic pleas to Edinburgh City Council, LRT buses being painted green etc.
I wish I was in Bulgaria, the tears of pride are welling up. Thanks to the experts on here, we have been miles in front of the media, and the Hearts rumour mill at every step.
It's what I think as well but only based on the opinions on here, one Bloomberg article and a few references to Portsmouth.
I'm surprised at the complete silence on the issue from anyone connected with Hearts including BDO. This little Jambo omertà means that I can't be sure that they have not had assurances from people in Lithuania that achieving the CVA will be enough to unlock the freezer. BDO appear to be making more progress than many on here predicted.