Barry not think to ask how Hearts went from 'some banking facilities' to owing Ukio Bankas £15m in 6 months?
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Barry not think to ask how Hearts went from 'some banking facilities' to owing Ukio Bankas £15m in 6 months?
#allisShanderson
That one got me too. As a Director of UBIG AND of Hearts he should be in the best possible place to know that. If he knew that UB's claim wasn't valid he would come out and say it. Which leads me to two conclusions:
1. Seriously no-one knows now what has happened in terms of the money/equity being shifted around from place to place and Hearts are in an even bigger mess than previously thought.
2. He knows that UB's claim is valid but won't want to release his knowledge yet for obvious reasons.
Fedotovas made that comment in February - after Ukio went into interim administration. In October the share offer prospectus stated that all of the debt was due to UBIG and Ukio in administration could not have taken on that debt so it was racked up between the end of October 2012 and February 2013 - and they didn't bother to inform anyone about it. Fedotovas's 'some banking facilities' comment along with the fact that he was a director of UBIG when it was all going on illustrates the character of the man.
If you believe a word from him I know of a Nigerian prince that's just dying to meet you.
You would think that Barry would also have asked when the share certificates would be sent out while he had the chance.
I also note that the "you can still attend the AGM regardless of having your certificates or not" has morphed into "you can attend future AGM's after this one"....
if this was a "normal" business the "share holders" would be up in arms.... the Yams seemed to have missed that.
Have the accounts been sent out yet? They should be good for a laugh.
And if they haven't, why have they released the £25m debt figure?
Notice Fedotas says "the club didn't know" - double speak. He knows everything and the SPL should be throwing the book at "the club". The lack of enquiry from the press, not Barry we know he is just a stooge pr man, is disgraceful. Particularly talking in terms as though Romanov has a decision to make as to whether to sell or not.
It's clear that the SPL administrators will do everything in their power to help Hearts get to the season finishing line before it goes tits up. Dundee really should be all over this and getting their lawyers to appeal for institution of the points deduction.
For **** sake!!! Surely we can't be the only ones to see how crooked and just plain wrong all of this is on so many levels. SPL/SFA, Uefa, criminal courts, media what the **** are they doing? Or have we got it wrong and are looking through green tinted specs and just want them gone so much that we are getting excited for no reason?
Do Dundee have the resources (read: money to pay lawyers) to look further into this? It certainly seems that everything is not all as it seems at the PBS and Freddietopaz's question dodging in the Evening News today only increases the suspicion. It's the SPL who should be going to Hearts and asking them for clarification on a number of issues but they won't.
Of course they(the SPL) won't do anything. As a body i maintain they dont give a toss about anything outside of a Celtic & Rangers. They were bitterly disappointed the SFL clubs shoved Rangers in the bottom tier instead of doing a straight swap with Dundee.
Their idea of sporting integrity is selective at best.