How long would it take to tippex out the "2" in the "£2.5m" and replace it with a "3" ... and then a "4" ... and then ... :wink:Quote:
Originally Posted by CapitalGreen
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How long would it take to tippex out the "2" in the "£2.5m" and replace it with a "3" ... and then a "4" ... and then ... :wink:Quote:
Originally Posted by CapitalGreen
I am an MP post from KB, some very pleasing points in there.Quote:
Apologies for not posting this earlier but there has been difficulties getting on to Kickback this afternoon. Just shows you how important a service it provides. We are obviously disappointed that both creditors meetings for UKIO and UBIG did not take place. However, the positive news about the UBIG creditors meeting agreeing the transfer of their 50% shareholding in Hearts is a significant step forward. This should not be underestimated. We understand that lengthy discussions have taken place between Hearts Administrators, BDO, and the lawyers administrating Ukio Bankas. The outcome of these discussions were positive and it is hoped that a Ukio creditors meeting will take place before the end of next week (Easter). It has transpired that there was not to be a formal Ukio creditors meeting today so nothing has been delayed or postponed. The date will be set shortly. We are working on the information as we receive it.
We have taken a huge step towards delivering the Creditors Voluntary Agreement (CVA) today and, to use a football analogy, we would have taken this result before the game. However, we do appreciate how frustrating this is for the supporters and for everyone connected to the Club. We would have wanted a final conclusion. One major hurdle has been cleared with one to go.
We will continue to work closely with BDO and BIDCO to get this deal over the line as quickly as possible and thank all the supporters for their continued patience at this time.
Tonight Hearts is much closer to being out of administration than it was yesterday. It is a considerable achievement to have got this far. We thank BDO and the teams at UKIO Bankas and UBIG for their sterling efforts and look forward to a positive outcome as soon as possible. I, and FoH, will provide as much information as we can in the coming days.
Most notably the, "it has transpired" sentence.
:top marks
Quote:
Originally Posted by desantos0773
Do you really have a contact in Lithuania?
Yes one of the Bloomberg reporters.
No long in from work and boy it loos like I e missed a very very interesting afternoon. Not to mention loads of fun.
Just had my dad on phone and he says "son wouldn't it be funny if they went pop tomorrow"
Indeed it would as it's his 70th birthday (7-0)
They have certainly had it roond them several times. :greengrinQuote:
Originally Posted by Aldo
Quote:
Originally Posted by desantos0773
Would that be Bryan Bradley ?
They used all the blu tack and tippex to overwrite Ukio Bancas with Wonga on their turd coloured shirts.Quote:
Originally Posted by StevieC
I think that, in a very narrow Stevie Fail sense, if you choose your own parameters (look it up Fail!) and ignore the creditors, the hubris, the Big Team bragging, and ignore McKay, Billy Broon, the repeated pleading with the SFA to break the rules they themselves voted for, and the way they have presented a take over proposal from a wealthy individual as supporter ownership, then... yes, perhaps you can say they've behaved with a bit of dignity.Quote:
Originally Posted by Filled Rolls
Please wish your Dad a very, very, very happy birthday.Quote:
Originally Posted by Aldo
Indeed. Tell you what though if banderson told be the sky was blue and the grass was green I'd still check to make sure.Quote:
Originally Posted by Filled Rolls
I think IM ImAnMP will find that hibs.net offers a far more valuable and accurate service which also doesn't fall flat on its arse with a few thousand visitors.
See if I was him, I'd be trying to dampen expectations right now... stop talking about 'significant steps forward' and stressing the difficulties in doing a deal.Quote:
Originally Posted by GlasgowHibee
But then, who's his audience here? The great unwashed? The Diddies? Ann Budge?
I will indeed. Very good Hibs man (and Newcastle).Quote:
Originally Posted by Seveno
They surely don't think Budge is buying all this cloak and dagger ****, do they?Quote:
Originally Posted by jacomoseven
I think it's a matter of time till they start talking about a man in a black cloak standing at the end of the street.
I thought this UKIO administrator gadge said he expected the CVA to be finalised today?? Even though there was no creditor's meeting planned??
So he's pretty much outed himself as a slavouring ****.
Basically the Liths are seriously taking the pish big style!
Who knows?Quote:
Originally Posted by Filled Rolls
Was Ann Budge trying to force through the CVA? Or is she genuinely getting cold feet at the thought she could now be left with a loss-making basket case of a football club?
If it's the latter, FoH need to do all they can to convince her a deal is imminent and all will be fine. You'd think she'd have her own people involved by now though.
My god....STV news just announcing they are almost there and great news today....completely missing the point that UKIO meeting did not even take place, never mind get a decision!! ha ha :greengrin
BBC doing the same. .. Poor poor journalism, but what do you expect from these amateur Scottish supposed news networks !!Quote:
Originally Posted by marti1875
Same with the BBC .................... 'new hope' after today's meeting. No mention of the second meeting not materialising or of the anti climax when they discovered that allwasnotreallybarryQuote:
Originally Posted by marti1875
And then a sparryheed on stv news in his mums maroon blouse saying they will shortly be fan ownedQuote:
Originally Posted by marti1875
Are they finished yet??
Budge has acted in good faith and has probably drawn a line in the sand regarding the extent of her involvement. I can't see her being dragged into 'what if' games of scamming and delays.Quote:
Originally Posted by Filled Rolls
There is more than one journalist on the desk in a Lithuania but he is one of them.Quote:
Originally Posted by greenginger
Such lazy journalism beggars belief at times :confused:
We should send them a .net link to keep them up to date!
:agree:
Yes AFP reported it hanging in the balance early afternoon.Quote:
Originally Posted by marti1875
http://news.stv.tv/east-central/2708...nly-half-done/Quote:
Originally Posted by HIBERNIAN-0762
Seems to be based on whatever Ian Murray says. Much cheaper journalism than actually investigating.
Sent from my iPad using Tapatalk
http://finance.yahoo.com/news/rt-hon...061000794.htmlQuote:
Originally Posted by DaveF
Dear Tazio - I assume your source wasn't that impeccable after all? Or did Alex teleport to Lithuania soon after his engagement in NY.
( Kato favourited this post )Quote:
Originally Posted by jodjam
Hang fire.... He's not paid the £5 over there, can't see him paying £10 :lol yam:Quote:
Originally Posted by jonty
I'm surprised they haven't put an appeal in against relegation.
"If it wizny fur...(Insert excuse here).Quote:
Originally Posted by Waxy
Why don't you just bolt - no sign off you for ages now yer back pretending you've got a contact who basically repeats everything thats already been said on here.Quote:
Originally Posted by desantos0773
You're full of the proverbial ****
eh? excuse my ignorance but what exactly was "hanging in the balance" this afternoon ?Quote:
Originally Posted by desantos0773
There seems to have been NO UKIO creditors meeting of any sort whatsoever? All that happened was BDO had a meeting with UKIO lawyers which is a far cry from the UKIO creditors meeting that was allegedly taking place and making it all final?
I'm sure you will correct me with your so far baffling posts on this thread over the last few months :greengrin
Get of the fence and tell him what you really think.Quote:
Originally Posted by BroxburnHibee
Thankfully the tea I just spat out missed the keyboard.Quote:
Originally Posted by BroxburnHibee
Didn't desantos predict a rosey c.v.a completion? Now he's going for the big L again?
It was Bradley who reported that the shares are frozen. So far, he's the only journalist to mention them.Quote:
Originally Posted by desantos0773
http://www.bloomberg.com/news/2013-0...-s-assets.html
Quote:- The assets of Ukio Banko Investicine Grupe, or UBIG, through which Romanov controls 79 percent of Hearts in Edinburgh, were blocked yesterday in the course of a lawsuit against the Russian-born investor and his sister, Olga Goncaruk, Kaunas District Court said today on its website.
“Any sale or transfer” of UBIG’s shares in Hearts or its other property “is forbidden,” Gintare Putnikiene, a spokeswoman for the court in Kaunas said by phone today.
Well nothing was happening - you can't waste your whole life talking about speculation. Where else today is there any detail of why UKIO meeting was adjourned. There is only speculation. I suppose you'll be turning on the team tonight if it's not going the way you want . Grow up will you!Quote:
Originally Posted by BroxburnHibee
Of course it's hanging in the balance if one part has accepted and the other that has agreed in principal has not rubber stamped it yet. You telling me your 100% certain they won't accept? Get in the real world!Quote:
Originally Posted by marti1875
If you're a colleague of banderson, can you not give us a running commentary on his,hopefully pitiful, profile in the office?Quote:
Originally Posted by Marty-Hibee
I think time is working against a CVA. You change your conclusion based on new evidence. If you stick your head in the sand you are going to be disappointed. Better to face up to reality.Quote:
Originally Posted by Hiberniankb
They will possibly accept but then there will be a next step of ratification - or in other words unfreezing the shares.Quote:
Originally Posted by desantos0773
Bit harsh. There are loads of folk on here that I think talk mince and loads more that think I talk mince but we don't all go telling each other to P off.Quote:
Originally Posted by BroxburnHibee
Guy just offering some info and opinion.
Agree time is against them. I hoped they get L'lled. I hate them too! I 'll be having a big party in My flat!Quote:
Originally Posted by GreenLake
Did Budgie not say if they didn't give her an answer today she was walking away?
We'll see if she's full of S****
C'mon desantos, explain to him that the shares aren't frozen, after all. :rolleyes:Quote:
Originally Posted by GreenLake
I think looking at your past record of amazing u-turns it should really be yourself who gets in to the "real world" :confused:Quote:
Originally Posted by desantos0773
There was only one thing hanging in the balance today and that was the UBIG meeting, which, we basically knew was the one that was much more likely to be passed so you could hardly pass that as hanging in the balance at all.
As there was NO creditors meeting scheduled whatsoever from UKIO and no meeting took place there was nothing from this hanging in the balance whatsoever as it was not even scheduled to even take place!! My god.......hard work or what but you carry on anyway......
Dear oh dear.
Thanks pal. Think the main thing is the Liths don't care a toss about Hearts. They know there's no money at the end of this trail. There are more interested in some of the other trails of Vlad's money. They are in no rush to help a wee football team in Scotland whose taken £70m off them. There energy is devoted to recovering money elsewhere. That us going to work against the BDO and means big L on the cards. That's from last conversation from my contact in Lith about 5pm today. More in the morning. Off to ER now.Quote:
Originally Posted by Ozyhibby
Sound pal.Quote:
Originally Posted by desantos0773
Whilst I can appreciate that you may have missed my point the first time around (I do it myself), I have now mentioned twice that Bryan Bradley is of the opinion that the shares were frozen a year ago. You have answered everyone else, bar me.Quote:
Originally Posted by desantos0773
Can you clarify this in the morning?
Quote:
Originally Posted by CropleyWasGod
Only once he's been in touch with his contact in Lithuania.
we all knew she wouldn't at this stage hence talks on goingQuote:
Originally Posted by Titch
Everybody at the table now knows she is bluffing.Quote:
Originally Posted by Ronniekirk
This is taking TIME and for me the more TIME the better cos TIME is not on their side.
Those half wits on Brokeback Thot they had it in the bag but now they have to wait.
Pleasing.
I posted a few days ago the only thing certain re today's supposed meeting was that nothing would be certain after it. Think I got that one right!
Probably cost her a few more quid now... :na na: :flag:Quote:
Originally Posted by Ozyhibby
I've added you to my list of ITK posters.Quote:
Originally Posted by brog
:-)
I'll ask him in the morning when I speak to him.Quote:
Originally Posted by CropleyWasGod
Please pass on my regardsQuote:
Originally Posted by desantos0773
Ok just of the phone here is the truth....things not looking
great Bdo to continue to push but looks to be a real gap in discussions now
Talks to be held over the next few days but it will not
Drag on much longer.
Feeling from hearts end is not good now.
Looks like the the .net were right all a long
Just off the phone to who?Quote:
Originally Posted by Greenworld
Desantos :devil:Quote:
Originally Posted by God Petrie
Just off the phone with who exactly? Was it The Samaritans cos you were thinking about slitting your wrists earlier...Quote:
Originally Posted by Greenworld
Whom, please.Quote:
Originally Posted by God Petrie
Let's keep our standards up.
Ok , i'll say it !Quote:
Originally Posted by Greenworld
P1sh :cb
Cant say in open pm me ill tell youQuote:
Originally Posted by CropleyWasGod
I was but feel a lot better now :greengrinQuote:
Originally Posted by BarneyK
Right , fleeting venture into the fitba is over. Now time to get back to the stuff that actually matters :greengrin
Not been following the game like :greengrinQuote:
Originally Posted by Greenworld
Is this a poem?Quote:
Originally Posted by Greenworld
I was but feel a lot better now :greengrinQuote:
Originally Posted by BarneyK
£10 a year for hibs.netQuote:
Originally Posted by sleeping giant
£150 a year for Hibs TV
I know which is better value :cb
Oh yes I watched it usual pishhhhhhhQuote:
Originally Posted by BarneyK
Oh yes I watched it usual pishhhhhhhQuote:
Originally Posted by BarneyK
Being really pedantic .............. "Let's keep up our standards" ....... :-/Quote:
Originally Posted by CropleyWasGod
:na na:Quote:
Originally Posted by GreenOnions
:rules: No flag debates!Quote:
Originally Posted by GreenOnions
:tee hee:Quote:
Originally Posted by Sergey
You're back. Good day?Quote:
Originally Posted by Sergey
No one in Edinburgh is having a party tonight, that's for sure.
I need a few hours to catch up. I see Kickback is off-line, so I can't read their 'it's in the bag' and 'done deal' posts.Quote:
Originally Posted by jacomoseven
No doubt The Gasman's thumbs have been amputated to stop him making a bigger cock of himself.
More later.
When I saw you had posted tonight I was hoping you had some good news for us from Lithuania. Please!!!Quote:
Originally Posted by Sergey
this could have quite easily been a splinter group meeting:wink:Quote:
Originally Posted by Filled Rolls
:tee hee:Quote:
Originally Posted by The Governor
the BBC have wasted liscense payers money again, sending some trumpet to get the news. he's come back with a fairy story, about a club which is heading to oblivion, and yet he portrays them as some kind of victim. they'd be better sending journos out into the real world, like Rwanda, Nigeria or maybe Crimea .Quote:
Originally Posted by Filled Rolls
Quote:
Originally Posted by monktonharp
Or, while he is in Lithuania the reporter could interview a few pensioners who seen Vlad blow their savings on mad-cap projects including some obscure Edinburgh football team.
He might be surprised, and find out who the victims really are.
I think you might find that Brian Jackson and the BDO team didn't even have the pleasure of meeting Gintaras Adomonis today - he was seemingly in Klaipėda working on another case.Quote:
Originally Posted by weecounty hibby
Hence the reason why there was no statement from either party.
I also read that the meeting of Ukio creditors is scheduled for next Friday - good luck with that one, as it's the Easter holiday and Lithuania will be shut from Thursday to Tuesday.
One day off the forum and way too much to catch up on :greengrin
Edit - I stated another case - it may be concerning an Ukio creditor.
Magic any more ha ha haQuote:
Originally Posted by Sergey
Quote:
Originally Posted by Sergey
What about calendar threads :greengrin
I wonder if Jackson will be billing two wasted days at £ 400/hour to administration costs.Quote:
Originally Posted by Sergey
And what's that divot from the BBC on per day?Quote:
Originally Posted by greenginger
They really thought there was going to be breaking news?
I very much doubt said divot speaks one word of Lithuanian (neither do I, may I add) and he's probably had to sit through a legal process not knowing what the **** was occurring. Then has to tweet the outcome.
You honestly couldn't make this sort of **** up.
That would be real journalism which I suspect he forgot about sometime in the distant past.Quote:
Originally Posted by greenginger
Tell you what, this post has potential to come back and bite you in the erchieQuote:
Originally Posted by Greenworld
AgreeQuote:
Originally Posted by sleeping giant
From the Gasman himself:
"Ukio agreed a CVA in November, conditional upon the transfer of UBIG's shareholding.
Today UBIG agreed to that transfer, so the legally binding CVA is now in place.
Ukio's creditors meeting is a legal formality to ratify that decision, and is expected by the end of next week."
No problems there then.
Any chance of anything happening today?
Hearts demise is the only enjoyment im getting out football these days
BBC saying BDO have approached the SPFL to see if they can get early payment of cash due to them. I'll be amazed if they get it without good assurance from the Liths that the shares will definitely be transferred in the not too distant future. But if the Liths could do that, why the present delay?Quote:
Originally Posted by bingo70
PS - Mistake corrected.
Wouldn't think so. They'll be trying to work out their next move, if they have one!Quote:
Originally Posted by bingo70
Time is against them though so it's not impossible that they'll spring Liquidation on us at some point. My money would still be on mid May though.
Monday/Tuesday 12/13th May would be my bet.Quote:
Originally Posted by Mikey
Not the 1-5th of May as one last show of defiance?Quote:
Originally Posted by Weststandwanab