Share Transfers Agreed/Cooling off period

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Originally Posted by Kato

Is that the actual true value your talking about or the manufactured "true value" brought into being by the council selling off the Tynie school land at a ludicrously low price.

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You have to be glad your tax payers money has been sacrificed to help North British Distillery (joint venture between Diageo plc and the Edrington Group) get a sweet deal for the property when they must be struggling in these hard economic times. Maybe they will pay us back by moving that tank back a bit and increase the value of Tynecastle so that our community team can sell the ground at a vast profit and move to a new stadium the council will build with more of your tax payer money. :cb

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Originally Posted by the_ginger_hibee

I never said the speculation was crazy or wild..I called the latest post wild. I just called it false hope, which unfortunately it was in the end.

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Sorry, I picked you up wrong. I agree with what you're saying.

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Originally Posted by GreenLake

You have to be glad your tax payers money has been sacrificed to help North British Distillery (joint venture between Diageo plc and the Edrington Group) get a sweet deal for the property when they must be struggling in these hard economic times. Maybe they will pay us back by moving that tank back a bit and increase the value of Tynecastle so that our community team can sell the ground at a vast profit and move to a new stadium the council will build with more of your tax payer money. :cb

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Yes, I suppose so. Better prepare ourselves for that.

It will be interesting to see what value the first set of accounts post admin places on Hearts asset's.

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Originally Posted by Kaiser1962

It will be interesting to see what value the first set of accounts post admin places on Hearts asset's.

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Indeed. The huns assets worth 4.5 million when Charlie (or was it Craigie... :greengrin) bought them, suddenly became worth around 80 million in the space of a few weeks. I wont be at all surprised to see the PBS suddenly valued at considerably more than the 2.5 million that BDO and FoH said it is.

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Originally Posted by SurferRosa

Indeed. The huns assets worth 4.5 million when Charlie (or was it Craigie... :greengrin) bought them, suddenly became worth around 80 million in the space of a few weeks. I wont be at all surprised to see the PBS suddenly valued at considerably more than the 2.5 million that BDO and FoH said it is.

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It will be a gigantic figure against which to seek lending. They can always admin themselves out of paying it back in a few seasons.

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Originally Posted by GreenLake

It will be a gigantic figure against which to seek lending. They can always admin themselves out of paying it back in a few seasons.

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No way. They're going to be debt-free, remember. :rolleyes:

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Originally Posted by CropleyWasGod

No way. They're going to be debt-free, remember. :rolleyes:

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Shortly after they find Lord Lucan. :greengrin

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Originally Posted by Kaiser1962

It will be interesting to see what value the first set of accounts post admin places on Hearts asset's.

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Wow, just wow, they are going to publish accounts? Does a big team have to publish properly audited and certified / qualified accounts?

I remember the sevconian fans pulled a wee fund together to pay back all those "little guys" that lost out as Sevco itself wasn't legally allowed to...... Anyone know if the Yams have at least done that among all their crowing on escaping shafting the creditors or are they truly the lowest of the low?

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Originally Posted by CropleyWasGod

What rumours are these?

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The rumours we have started on this thred:wink:

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Originally Posted by Just Alf

I remember the sevconian fans pulled a wee fund together to pay back all those "little guys" that lost out as Sevco itself wasn't legally allowed to...... Anyone know if the Yams have at least done that among all their crowing on escaping shafting the creditors or are they truly the lowest of the low?

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Somebody paid the Lady Haig Fund the poppy money, but that's it, sod the rest of them. Yams, even less shame than Scotlands shame. The rangers fans, forever in the yam fans shadow when it comes to putting two fingers up to your creditors and enjoying it.

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Originally Posted by the_ginger_hibee

It never happened though. Might have been close (do we really know how close given Jackson's posturing/manipulating?) and it was enjoyable, but this forums predictions/inside knowledge/sources were wrong in the end.

If people want to cling onto stevejordons or anyone else's 'Its no over' then fair enough...enjoy.

People should embrace Hearts and their 'new era' - a bunch of soulless cardigans wandering about Gorgie debating about which member gets the best parking space. Sheikh Mansour comes to Edinburgh it is not...

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Agree with this.

I put information from a partner in the law firm I work for that the shares are not frozen and it was dismissed. Appears he was correct.

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Originally Posted by GreenLake

It will be a gigantic figure against which to seek lending. They can always admin themselves out of paying it back in a few seasons.

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Are they not back to the position of owing the money to themselves?😉

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Originally Posted by Cracker

Are they not back to the position of owing the money to themselves?

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I'm sure desantos could tell us, oh he's disappeared !!!!!!!!!!!!:flag:

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Originally Posted by Bostonhibby

Somebody paid the Lady Haig Fund the poppy money, but that's it, sod the rest of them. Yams, even less shame than Scotlands shame. The rangers fans, forever in the yam fans shadow when it comes to putting two fingers up to your creditors and enjoying it.

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That's what I thought too.

I had a wee rant on Facebook after the acceptance of the CVA and this is some of the responses I had from a Hearts fan I know:

"Lots of businesses get into financial trouble. And you can rest assured all our taxes are bang up to date" and "actually not only did they apologise some of the fans cleared the debt to the charities with their own money."

I'm in an unusual position in that my Mum and I are Hibbys and season ticket holders, my Dad supports them and has a season ticket at the PBS. So for his benefit I initially didn't want them to die, but the longer it went on, the lack of even a glimmer of remorse, the constant 5-1 and big team/wee team pish, my view changed and by the end I hoped they would be liquidated and be forced to start in the bottom division. The more I think about what has happened the angrier I get - "Lots of businesses get into financial trouble" was the final straw.

I'd like to think that one day they will get what they deserve but if I'm honest I have little hope of that ever happening.

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Originally Posted by Cracker

Are they not back to the position of owing the money to themselves?

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They are at present, but soon they will be back to thinking some prudent savers somewhere ought to be impoverished to provide them with better players.

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Originally Posted by Bostonhibby

Somebody paid the Lady Haig Fund the poppy money, but that's it, sod the rest of them. Yams, even less shame than Scotlands shame. The rangers fans, forever in the yam fans shadow when it comes to putting two fingers up to your creditors and enjoying it.

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If you go into a shop and steal a loaf of bread and I go in later and pay for it, it doesn't make you any less of a thief.

Without meaning to bore anyone or go over old ground..
I take it the title of the thread was changed because the freezer test is a no goer?

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Originally Posted by haagsehibby

If you go into a shop and steal a loaf of bread and I go in later and pay for it, it doesn't make you any less of a thief.

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But at least you would have shown some remorse and accepted what you did in first place was wrongs .there is none of that from this mob that I can see so far.

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Originally Posted by EK_Hibs

Without meaning to bore anyone or go over old ground..
I take it the title of the thread was changed because the freezer test is a no goer?

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Global warming and climate change not to mention lying ,bullying and just a little Political pressure seem to have brought about a rapid thaw

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Originally Posted by Ronniekirk

But at least you would have shown some remorse and accepted what you did in first place was wrongs .there is none of that from this mob that I can see so far.

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Not one. I've even been called a liar and a bitter hobo for pointing out that a bit of humility is in order. Apparently, the creditors report I sent in respect of the charities and employee claims etc is a fake. Last time I checked, it was lodged with companies house.

They have absolutely no shame whatsoever. They absolutely disgust me.

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Originally Posted by madsen5

I'm sure desantos could tell us, oh he's disappeared !!!!!!!!!!!!:flag:

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Has he?

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Originally Posted by Filled Rolls

Has he?

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No , he has amalgamated two names and added the number 1 to the end , but haven't seen anything from Sergey !!!!!

I just spoke to one of my contacts. It didn't reply and just kind of flopped on the end of my finger.

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Originally Posted by GreenLake

I just spoke to one of my contacts. It didn't reply and just kind of flopped on the end of my finger.

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Was your contact lens. By any chance:wink:

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Originally Posted by Ronniekirk

No , he has amalgamated two names and added the number 1 to the end , but haven't seen anything from Sergey !!!!!

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I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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Originally Posted by Ronniekirk

No , he has amalgamated two names and added the number 1 to the end , but haven't seen anything from Sergey !!!!!

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No - the one with a 1 at the end's someone else. Desantos/Sanger have left by mutual consent.

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Originally Posted by Sergey

I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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Welcome back !

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Originally Posted by Sergey

I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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I think it is only the end of the beginning. The best pish ripping is yet to come.

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Originally Posted by Sergey

I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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We missed you ,welcome back , you can't be right all the time ,but you had at least a 99 % success rate so your broken heart will mend am sure all the yams will be giving you pelters on there site but every dog has his day :wink:

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Originally Posted by Ronniekirk

But at least you would have shown some remorse and accepted what you did in first place was wrongs .there is none of that from this mob that I can see so far.

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:agree: That`s the big issue for me when it comes to them. I probably wouldn`t have begrudged them their survival if they had shown a different attitude and had perhaps tried to make some amends for what they had done. But they have done the opposite. And the media are there cheering them on every step of the way. It`s actually bizarre in some ways that nobody is challenging them on it and of course it`s so wrong in so many ways.

It`s the kind of thing you`d expect to see here in Brazil, where everything from corruption to overspending millions that clubs don`t have without accountability to players being convicted of murder is all somehow seen as being exempt from normal moral standards. Because it involves football, it`s somehow okay. The icing on the cake is the world cup, where nearly 9 billion pounds (15 - 20 times the predicted costs) have somehow been "spent" on the stadiums alone using 90% of taxpayers money (after the politicians promised that 0% of taxpayers money would be used) but next to nothing has been spent on badly needed infrastructure such as the chronic traffic problems, the crumbling education, electrical and health systems, the poor, the unemployed, the airports, the decaying roads and pavements and the dreadfully inadequate public transport systems. The very rich and a number of high profile companies have profited to an unimaginable degree and the rest of the country is being told to forget the rest and shut up and enjoy the world cup. The world cup coming here is nothing short of a crime on a vast scale. But, like Hearts, as long as nobody holds them to account then nothing will happen.

There are various protests and disruptions planned for the world cup (as well as those happening now) and things could get very ugly indeed very quickly. Keep your eyes on the opening ceremony for starters - everyone knows that Brazil`s electrical infrastructure is weak, to the extent that there are rumours that they systematically cut power to certain neighbourhoods on a rotating schedule in the wee small hours to share it around, so the plan is for everyone who protests against the world cup to switch on every electrical device in their houses at the moment the opening ceremony begins in an attempt to overload the circuits and kill the power in the stadium. There will undoubtedly be riots and serious problems. "Celebrities" and ex-footballers are queuing up to criticise anybody protesting against the world cup and labelling them unpatriotic, but of course, these are the people who live in mansions with swimming pools and bodyguards and who have countless millions stashed away and who will be getting a few more from their work during the World Cup, not those who are being paid pennies to risk their lives building the stadiums or those millions going hungry who will be left with nothing when the cup comes to an end.

Some people just collectively lose their senses when football is involved. The way it has happened with Hearts is a national shame and disgrace.

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Originally Posted by GreenLake

The best pish ripping is yet to come.

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The best chance of that is them becoming fan owned. Can't see it getting to that with the published financial model. If they do good on them but they will make a total mess of running a club.

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Originally Posted by The Green Goblin

:agree: That`s the big issue for me when it comes to them. I probably wouldn`t have begrudged them their survival if they had shown a different attitude and had perhaps tried to make some amends for what they had done. But they have done the opposite. And the media are there cheering them on every step of the way. It`s actually bizarre in some ways that nobody is challenging them on it and of course it`s so wrong in so many ways.

It`s the kind of thing you`d expect to see here in Brazil, where everything from corruption to overspending millions that clubs don`t have without accountability to players being convicted of murder is all somehow seen as being exempt from normal moral standards. Because it involves football, it`s somehow okay. The icing on the cake is the world cup, where nearly 9 billion pounds (15 - 20 times the predicted costs) have somehow been "spent" on the stadiums alone using 90% of taxpayers money (after the politicians promised that 0% of taxpayers money would be used) but next to nothing has been spent on badly needed infrastructure such as the chronic traffic problems, the crumbling education, electrical and health systems, the poor, the unemployed, the airports, the decaying roads and pavements and the dreadfully inadequate public transport systems. The very rich and a number of high profile companies have profited to an unimaginable degree and the rest of the country is being told to forget the rest and shut up and enjoy the world cup. The world cup coming here is nothing short of a crime on a vast scale. But, like Hearts, as long as nobody holds them to account then nothing will happen.

There are various protests and disruptions planned for the world cup (as well as those happening now) and things could get very ugly indeed very quickly. Keep your eyes on the opening ceremony for starters - everyone knows that Brazil`s electrical infrastructure is weak, to the extent that there are rumours that they systematically cut power to certain neighbourhoods on a rotating schedule in the wee small hours to share it around, so the plan is for everyone who protests against the world cup to switch on every electrical device in their houses at the moment the opening ceremony begins in an attempt to overload the circuits and kill the power in the stadium. There will undoubtedly be riots and serious problems. "Celebrities" and ex-footballers are queuing up to criticise anybody protesting against the world cup and labelling them unpatriotic, but of course, these are the people who live in mansions with swimming pools and bodyguards and who have countless millions stashed away and who will be getting a few more from their work during the World Cup, not those who are being paid pennies to risk their lives building the stadiums or those millions going hungry who will be left with nothing when the cup comes to an end.

Some people just collectively lose their senses when football is involved. The way it has happened with Hearts is a national shame and disgrace.

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Interesting post it's not just football remember seeing some country get the euro vision song contest and they quickly up rooted a whole community that had lived there for donkeys and built a nice new shiny stadium to host the biggest piece of crap going So corruption is rife the world over .

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Originally Posted by Sergey

I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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Then you must be an Easter Jesus Zombie who's life has ended twice, because they already killed you with the rest of us, the May before last.

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Originally Posted by Sergey

I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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Thank god for that, I was worried about the betting tips_ one of my biggest sources of income :-)

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Originally Posted by GreenLake

I think it is only the end of the beginning. The best pish ripping is yet to come.

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Indeed - regardless of the frozen share issue (or not) - there's got to be a good chance they'll start next season in administration - given we'll be in May when the CVA can actually be formally accepted.

I don't think they'll be anywhere near a play off if they start on -15 next season too. Successive relegations is more likely.

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Originally Posted by Sergey

I'm still around - but I'm seemingly a broken man who's life has just ended :blah::blah::blah:

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well to be fair, it did seem that way after your 10 year post rant

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Originally Posted by The Green Goblin

:agree: That`s the big issue for me when it comes to them. I probably wouldn`t have begrudged them their survival if they had shown a different attitude and had perhaps tried to make some amends for what they had done. But they have done the opposite. And the media are there cheering them on every step of the way. It`s actually bizarre in some ways that nobody is challenging them on it and of course it`s so wrong in so many ways.

It`s the kind of thing you`d expect to see here in Brazil, where everything from corruption to overspending millions that clubs don`t have without accountability to players being convicted of murder is all somehow seen as being exempt from normal moral standards. Because it involves football, it`s somehow okay. The icing on the cake is the world cup, where nearly 9 billion pounds (15 - 20 times the predicted costs) have somehow been "spent" on the stadiums alone using 90% of taxpayers money (after the politicians promised that 0% of taxpayers money would be used) but next to nothing has been spent on badly needed infrastructure such as the chronic traffic problems, the crumbling education, electrical and health systems, the poor, the unemployed, the airports, the decaying roads and pavements and the dreadfully inadequate public transport systems. The very rich and a number of high profile companies have profited to an unimaginable degree and the rest of the country is being told to forget the rest and shut up and enjoy the world cup. The world cup coming here is nothing short of a crime on a vast scale. But, like Hearts, as long as nobody holds them to account then nothing will happen.

There are various protests and disruptions planned for the world cup (as well as those happening now) and things could get very ugly indeed very quickly. Keep your eyes on the opening ceremony for starters - everyone knows that Brazil`s electrical infrastructure is weak, to the extent that there are rumours that they systematically cut power to certain neighbourhoods on a rotating schedule in the wee small hours to share it around, so the plan is for everyone who protests against the world cup to switch on every electrical device in their houses at the moment the opening ceremony begins in an attempt to overload the circuits and kill the power in the stadium. There will undoubtedly be riots and serious problems. "Celebrities" and ex-footballers are queuing up to criticise anybody protesting against the world cup and labelling them unpatriotic, but of course, these are the people who live in mansions with swimming pools and bodyguards and who have countless millions stashed away and who will be getting a few more from their work during the World Cup, not those who are being paid pennies to risk their lives building the stadiums or those millions going hungry who will be left with nothing when the cup comes to an end.

Some people just collectively lose their senses when football is involved. The way it has happened with Hearts is a national shame and disgrace.

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Best post on here for a long time..

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Originally Posted by Kato

The best chance of that is them becoming fan owned. Can't see it getting to that with the published financial model. If they do good on them but they will make a total mess of running a club.

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Fan ownership for Hearts is my ultimate dream but failing that, Budge and the plonkers at Fuds On Horlicks will provide good entertainment for the next few years. :LOL:

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Originally Posted by The Green Goblin

:agree: That`s the big issue for me when it comes to them. I probably wouldn`t have begrudged them their survival if they had shown a different attitude and had perhaps tried to make some amends for what they had done. But they have done the opposite. And the media are there cheering them on every step of the way. It`s actually bizarre in some ways that nobody is challenging them on it and of course it`s so wrong in so many ways.

It`s the kind of thing you`d expect to see here in Brazil, where everything from corruption to overspending millions that clubs don`t have without accountability to players being convicted of murder is all somehow seen as being exempt from normal moral standards. Because it involves football, it`s somehow okay. The icing on the cake is the world cup, where nearly 9 billion pounds (15 - 20 times the predicted costs) have somehow been "spent" on the stadiums alone using 90% of taxpayers money (after the politicians promised that 0% of taxpayers money would be used) but next to nothing has been spent on badly needed infrastructure such as the chronic traffic problems, the crumbling education, electrical and health systems, the poor, the unemployed, the airports, the decaying roads and pavements and the dreadfully inadequate public transport systems. The very rich and a number of high profile companies have profited to an unimaginable degree and the rest of the country is being told to forget the rest and shut up and enjoy the world cup. The world cup coming here is nothing short of a crime on a vast scale. But, like Hearts, as long as nobody holds them to account then nothing will happen.

There are various protests and disruptions planned for the world cup (as well as those happening now) and things could get very ugly indeed very quickly. Keep your eyes on the opening ceremony for starters - everyone knows that Brazil`s electrical infrastructure is weak, to the extent that there are rumours that they systematically cut power to certain neighbourhoods on a rotating schedule in the wee small hours to share it around, so the plan is for everyone who protests against the world cup to switch on every electrical device in their houses at the moment the opening ceremony begins in an attempt to overload the circuits and kill the power in the stadium. There will undoubtedly be riots and serious problems. "Celebrities" and ex-footballers are queuing up to criticise anybody protesting against the world cup and labelling them unpatriotic, but of course, these are the people who live in mansions with swimming pools and bodyguards and who have countless millions stashed away and who will be getting a few more from their work during the World Cup, not those who are being paid pennies to risk their lives building the stadiums or those millions going hungry who will be left with nothing when the cup comes to an end.

Some people just collectively lose their senses when football is involved. The way it has happened with Hearts is a national shame and disgrace.

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:top marks

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Originally Posted by Bostonhibby

Thank god for that, I was worried about the betting tips_ one of my biggest sources of income :-)

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And Leith Links' :greengrin

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Originally Posted by The Green Goblin

The icing on the cake is the world cup, where nearly 9 billion pounds (15 - 20 times the predicted costs) have somehow been "spent" on the stadiums alone using 90% of taxpayers money.

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Jeezus - Could have had a tram from the airport to York Place for that sort of money!

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Originally Posted by CropleyWasGod

No way. They're going to be debt-free, remember. :rolleyes:

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Do you think they'll go the same way as us since our 'Dark Times' when Mercer tried to wipe us out - a determination to NEVER be in that position again, a resolve which Rod has rigidly stuck to ever since ??. Personally, I don't think they will - their years of 'Other folks money' has given them a genuine belief that they ARE a 'Big Team'. Eric Miligan's incredible statement yesterday, part of which contained that absolute belter 'Hearts have a history that stands comparison with any club in the world - never mind Scotland' tells me that their 'Mentality' remains as it has been for the last 30+ years.

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Originally Posted by Deansy

Do you think they'll go the same way as us since our 'Dark Times' when Mercer tried to wipe us out - a determination to NEVER be in that position again, a resolve which Rod has rigidly stuck to ever since ??. Personally, I don't think they will - their years of 'Other folks money' has given them a genuine belief that they ARE a 'Big Team'. Eric Miligan's incredible statement yesterday, part of which contained that absolute belter 'Hearts have a history that stands comparison with any club in the world - never mind Scotland' tells me that their 'Mentality' remains as it has been for the last 30+ years.

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Hearts have committed a financial crime that stands comparison with any other in the world - never mind football.

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Originally Posted by GreenLake

Hearts have committed a financial crime that stands comparison with any other in the world - never mind football.

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All sense of perspective has now been officially lost.

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Originally Posted by GreenLake

Hearts have committed a financial crime that stands comparison with any other in the world - never mind football.

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Oh dear

Hearts, one of the biggest football criminals in history.
Wonder where they would be in the league table of written off debt?

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Originally Posted by marinello59

All sense of perspective has now been officially lost.

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The Great Train Robbery amounted to a loot of £46million in today's money. Movies and books have been written about it. One of the culprits bolted to foreign country and became a fugitive. You think the Yams don't compare with that? Jeez! :greengrin

I am not really surprised the Lithuanian Administrators didn't get a better deal for the creditors. They have obviously buckled under the intense pressure eminating from BDO and hypocritical politicians (is there any other sort?) and recommended acceptance of this derisory settlement.

I think it is safe to assume that they were informed that there was no way on earth planning permission to re-develop the site would be granted. Was there not a quotation from one of the administrators alluding to Political pressure, riots, mayhem, exploding tanks of toxic industrial chemicals etc?

Ah well. Debt free but morally bankrupt!

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Originally Posted by Ronniekirk

Interesting post it's not just football remember seeing some country get the euro vision song contest and they quickly up rooted a whole community that had lived there for donkeys and built a nice new shiny stadium to host the biggest piece of crap going So corruption is rife the world over .

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https://www.youtube.com/watch?v=jzYzVMcgWhg

:wink:

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Originally Posted by Stax

Best post on here for a long time..

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:agree:

Epic rant.

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Originally Posted by #FromTheCapital

Oh dear

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i would rather be tongue in cheek than tongue between their's.

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Originally Posted by jeffers

That's what I thought too.

I had a wee rant on Facebook after the acceptance of the CVA and this is some of the responses I had from a Hearts fan I know:

"Lots of businesses get into financial trouble. And you can rest assured all our taxes are bang up to date" and "actually not only did they apologise some of the fans cleared the debt to the charities with their own money."

I'm in an unusual position in that my Mum and I are Hibbys and season ticket holders, my Dad supports them and has a season ticket at the PBS. So for his benefit I initially didn't want them to die, but the longer it went on, the lack of even a glimmer of remorse, the constant 5-1 and big team/wee team pish, my view changed and by the end I hoped they would be liquidated and be forced to start in the bottom division. The more I think about what has happened the angrier I get - "Lots of businesses get into financial trouble" was the final straw.

I'd like to think that one day they will get what they deserve but if I'm honest I have little hope of that ever happening.

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Am with you there.

The sort of businesses they are referring to are the ones they helped bring down.

Few if any of the businesses started out deliberately outspending their income whilst simultaneously withholding ALL their tax liability and payments to their major suppliers/council and HWU.They were probably trading with the likes of the yam in good faith, shame. Just hope they are all a bit wiser next time.

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Originally Posted by The Green Goblin

:agree: That`s the big issue for me when it comes to them. I probably wouldn`t have begrudged them their survival if they had shown a different attitude and had perhaps tried to make some amends for what they had done. But they have done the opposite. And the media are there cheering them on every step of the way. It`s actually bizarre in some ways that nobody is challenging them on it and of course it`s so wrong in so many ways.

It`s the kind of thing you`d expect to see here in Brazil, where everything from corruption to overspending millions that clubs don`t have without accountability to players being convicted of murder is all somehow seen as being exempt from normal moral standards. Because it involves football, it`s somehow okay. The icing on the cake is the world cup, where nearly 9 billion pounds (15 - 20 times the predicted costs) have somehow been "spent" on the stadiums alone using 90% of taxpayers money (after the politicians promised that 0% of taxpayers money would be used) but next to nothing has been spent on badly needed infrastructure such as the chronic traffic problems, the crumbling education, electrical and health systems, the poor, the unemployed, the airports, the decaying roads and pavements and the dreadfully inadequate public transport systems. The very rich and a number of high profile companies have profited to an unimaginable degree and the rest of the country is being told to forget the rest and shut up and enjoy the world cup. The world cup coming here is nothing short of a crime on a vast scale. But, like Hearts, as long as nobody holds them to account then nothing will happen.

There are various protests and disruptions planned for the world cup (as well as those happening now) and things could get very ugly indeed very quickly. Keep your eyes on the opening ceremony for starters - everyone knows that Brazil`s electrical infrastructure is weak, to the extent that there are rumours that they systematically cut power to certain neighbourhoods on a rotating schedule in the wee small hours to share it around, so the plan is for everyone who protests against the world cup to switch on every electrical device in their houses at the moment the opening ceremony begins in an attempt to overload the circuits and kill the power in the stadium. There will undoubtedly be riots and serious problems. "Celebrities" and ex-footballers are queuing up to criticise anybody protesting against the world cup and labelling them unpatriotic, but of course, these are the people who live in mansions with swimming pools and bodyguards and who have countless millions stashed away and who will be getting a few more from their work during the World Cup, not those who are being paid pennies to risk their lives building the stadiums or those millions going hungry who will be left with nothing when the cup comes to an end.

Some people just collectively lose their senses when football is involved. The way it has happened with Hearts is a national shame and disgrace.

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Some very good & enlightening points, but corruption is world wide & worse in some places, try working in West Africa for an eye opener. Theres.a new metro line opened a couple months ago in Rio which I see a lot of, is busy right now but installed for W.C & Olympics, there's construction on roads etc going on as well, not enough compared to the stadiums but it is there, yes there's corruption but also it's being brought to light in Brazil & hopefully will bring about changes for the better, also everyone's on about the downside of the World Cup & Olympics but what about possible upsides & benefits when the tournaments actually happen? The Olympics in London seemed to be a bit of a success for London & Britain did they not? But back to the original topic, them fleecing £70 mill, being aware of it & now glorying in it cos they've got away with it, & the roles of the "politicians" etc & media, we can only wait & see what's still got to be revealed, but as far as Scottish fitba goes & the size of the clubs involved their actions are way out on their own, lots worse than the Huns imo, after the initial hysteria at getting away with it dies down that will become more evident & I reckon there's a lot more to this saga than what's so far been revealed. We've still got to find out what Vlad (& accomplices)were actually up to during his years there for a start.

Attachment 12449

Quote:

---

Originally Posted by Deansy

Do you think they'll go the same way as us since our 'Dark Times' when Mercer tried to wipe us out - a determination to NEVER be in that position again, a resolve which Rod has rigidly stuck to ever since ??. Personally, I don't think they will - their years of 'Other folks money' has given them a genuine belief that they ARE a 'Big Team'. Eric Miligan's incredible statement yesterday, part of which contained that absolute belter 'Hearts have a history that stands comparison with any club in the world - never mind Scotland' tells me that their 'Mentality' remains as it has been for the last 30+ years.

---

Our debt was around £16 million at one point under RP's stewardship. Was only after the Sky deal was lost that the brakes were put on for real.

I see they have the begging bowls out again.

"As you probably know, Jambos Kickback members have responded magnificently in the club's time of need. Since Hearts went into administration last June, JKB members have donated over £56,000 to the club.

Now we're almost out of the crisis, but the club is asking for supporters to help one last time by buying tickets for games. So JKB is making one final push for fundraising before the end of this tumultuous and historic season. Please take a moment to have a look at this thread.


http://www.hmfckickback.co.uk/index....lub-this-year/ (http://www.hmfckickback.co.uk/index....lub-this-year/)


It's asking members to donate the price of a ticket to Hearts. Thanks to those of you who have already responded so generously.

If you can contribute the price of a ticket it would be great, and if you can't it would still be hugely helpful if you could contribute whatever amount you can to JKB's last fundraising drive. To contribute, please click on the Donate link at the top of any JKB screen, or click on the link below, and follow the directions.


Donate screen (http://www.hmfckickback.co.uk/index.php?/donate/)"

I wonder why their knight in shining armour, Ms Budge, cant bail them out? Maybe they are skint and have no more money for wages which if so would have the effect of another signing ban extended haha

Cue the cake bake again :na na:

Only Yams could describe a season where they plunge into admin and get relegated as "historic"

Quote:

---

Originally Posted by woody47

I see they have the begging bowls out again.

"As you probably know, Jambos Kickback members have responded magnificently in the club's time of need. Since Hearts went into administration last June, JKB members have donated over £56,000 to the club.

Now we're almost out of the crisis, but the club is asking for supporters to help one last time by buying tickets for games. So JKB is making one final push for fundraising before the end of this tumultuous and historic season. Please take a moment to have a look at this thread.


http://www.hmfckickback.co.uk/index....lub-this-year/ (http://www.hmfckickback.co.uk/index....lub-this-year/)


It's asking members to donate the price of a ticket to Hearts. Thanks to those of you who have already responded so generously.

If you can contribute the price of a ticket it would be great, and if you can't it would still be hugely helpful if you could contribute whatever amount you can to JKB's last fundraising drive. To contribute, please click on the Donate link at the top of any JKB screen, or click on the link below, and follow the directions.


Donate screen (http://www.hmfckickback.co.uk/index.php?/donate/)"

I wonder why their knight in shining armour, Ms Budge, cant bail them out? Maybe they are skint and have no more money for wages which if so would have the effect of another signing ban extended haha

Cue the cake bake again :na na:

---

You would think they could only keep going back to fans so many times before they start to get fed up with a Multi millionaire continuing to fleece themBut this is where she has been clever and they have bought into this concept of fans owning the club ,but they probably didn't expect to get bled dry in the process .Think I saw someone on this thread mention that going forward this source of income could be used for player wages so if that's the case they will be forking out for years to come
We could take a leaf out thier book If we had 8 thousand subscribers to leith Lynx that would be some amount of tickets for young kids to boost our attendance .:wink:

Well said RK:

http://leithlinks4kids.com

Quote:

---

Originally Posted by woody47

I see they have the begging bowls out again.

"As you probably know, Jambos Kickback members have responded magnificently in the club's time of need. Since Hearts went into administration last June, JKB members have donated over £56,000 to the club.

Now we're almost out of the crisis, but the club is asking for supporters to help one last time by buying tickets for games. So JKB is making one final push for fundraising before the end of this tumultuous and historic season. Please take a moment to have a look at this thread.


http://www.hmfckickback.co.uk/index....lub-this-year/ (http://www.hmfckickback.co.uk/index....lub-this-year/)


It's asking members to donate the price of a ticket to Hearts. Thanks to those of you who have already responded so generously.

If you can contribute the price of a ticket it would be great, and if you can't it would still be hugely helpful if you could contribute whatever amount you can to JKB's last fundraising drive. To contribute, please click on the Donate link at the top of any JKB screen, or click on the link below, and follow the directions.


Donate screen (http://www.hmfckickback.co.uk/index.php?/donate/)"

I wonder why their knight in shining armour, Ms Budge, cant bail them out? Maybe they are skint and have no more money for wages which if so would have the effect of another signing ban extended haha

Cue the cake bake again :na na:

---

I think this gives a clue as to how close they have been to running out of money. Presumably the latest batch of millionaires shortbread is going to pay wages till the end of the season.

That explains why they were so desperate to get an announcement out about the CVA. It appears, however, that they are still living beyond their means. There only hope is a millionaire that will fund the football club out of their own pocket.

By the way, "tumultuous and historic season". They just can't get over their grandiosity - comforting to think they've learned absolutely nothing. They truly think they have been challenging the OF duopoly, and that they need to get in a position of matching them again.

Quote:

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Originally Posted by Ronniekirk

You would think they could only keep going back to fans so many times before they start to get fed up with a Multi millionaire continuing to fleece themBut this is where she has been clever and they have bought into this concept of fans owning the club ,but they probably didn't expect to get bled dry in the process .Think I saw someone on this thread mention that going forward this source of income could be used for player wages so if that's the case they will be forking out for years to come
We could take a leaf out thier book If we had 8 thousand subscribers to leith Lynx that would be some amount of tickets for young kids to boost our attendance .:wink:

---

Its an interesting one. They have begun the habit of paying 'extra' for their football team. Considering their obsession with size and being big, there is every chance they will continue paying over the odds to maintain their balloon like self portrait. In a purely sporting sense, I want to be there when they go POP!

Quote:

---

Originally Posted by The Governor

Only Yams could describe a season where they plunge into admin and get relegated as "historic"

---

I'd prefer it to be "futuristic", as that will mean a second administration when they fail to spend their way out of the "Championship" and the Save Hearts In Trouble diddies cancel the payments to their multi-millionaire owner in disgust.

http://www.heartsfc.co.uk/articles/2...241384_3775759

interesting times still ahead :hmmm:

Quote:

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Originally Posted by GreenStar

http://www.heartsfc.co.uk/articles/2...241384_3775759

interesting times still ahead :hmmm:

---

Definitely interesting times ahead. Although, I must admit after every legal document sentence, I expected there to be a plea for money to assist in getting it completed. However, we must congratulate their fans for keeping the club going - it was some effort!

The real work and troubles begin when exiting administration.

Good luck and dig deep my jumbo friends ...

Quote:

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Originally Posted by GreenStar

http://www.heartsfc.co.uk/articles/2...241384_3775759

interesting times still ahead :hmmm:

---

So with UKIO and UBIGs shares they she gets control of 79% of the Yams and has to offer the other share holders the same deal as UBIG, the small Yam shareholders will agree but doesn't Vlads niece have 15%?, can't see her accepting the square root of **** all, so although they will have a controlling stake does that mean that she and they won't actually own them outright and there is still scope for more Vlad shennigans? Or am I way off the mark?

Quote:

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Originally Posted by Mon Dieu4

So with UKIO and UBIGs shares they she gets control of 79% of the Yams and has to offer the other share holders the same deal as UBIG, the small Yam shareholders will agree but doesn't Vlads niece have 15%?, can't see her accepting the square root of **** all, so although they will have a controlling stake does that mean that she and they won't actually own them outright and there is still scope for more Vlad shennigans? Or am I way off the mark?

---

Good point! Very interesting indeed :cb

Quote:

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Originally Posted by Mon Dieu4

So with UKIO and UBIGs shares they she gets control of 79% of the Yams and has to offer the other share holders the same deal as UBIG, the small Yam shareholders will agree but doesn't Vlads niece have 15%?, can't see her accepting the square root of **** all, so although they will have a controlling stake does that mean that she and they won't actually own them outright and there is still scope for more Vlad shennigans? Or am I way off the mark?

---

Not much she can leverage with only 15% or so, I suspect she can hold on to those for the rest of her days and it wouldn't prevent or stop Hearts from doing or transferring power to fans. In short I don't think anyone needs to own it all outright to do what they want to do with the club.

Quote:

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Originally Posted by Mon Dieu4

So with UKIO and UBIGs shares they she gets control of 79% of the Yams and has to offer the other share holders the same deal as UBIG, the small Yam shareholders will agree but doesn't Vlads niece have 15%?, can't see her accepting the square root of **** all, so although they will have a controlling stake does that mean that she and they won't actually own them outright and there is still scope for more Vlad shennigans? Or am I way off the mark?

---

When it's put like that, it sounds like its been just a very clever plan to get rid of all their debt all along.Keeping 15% afterwards also. No point with an investigation.It's a conspiracy

Quote:

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Originally Posted by GreenStar

http://www.heartsfc.co.uk/articles/2...241384_3775759

interesting times still ahead :hmmm:

---

The way football works I'd expect the next few months to go as follows:

Hearts start next season with big crowds home and away, as we had in 98/99 (I even took the lady who is now my wife to see Falkirk v Hibs at Brockville to see Big Franck et al)

I remember well the first couple of months of that season though, some dodgy results and a need to sign better players

We could do that whereas in Hearts case it will be seen as the first big test..will Ann Budge? Or will the purse stay shut?

Keep the purse shut, and Hearts will have taken their first baby step to a truly sustainable fan owned club.
But then they'll find that with sustainability comes a lowering of on-field expectations.
They haven't had to face that reality for 30 years and that will hammer them.
With that comes a drifting of the more fickle half of the support.
That - in a two club city - will be quicker to happen if Hibs are tearing up the SPL and doing well in the cups.

It's just the way of things.
7000 crowds at tynecastle and DD's dropping off by February would be realistic to expect.

Quote:

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Originally Posted by sangerdesantos1

Why are you multi quoting? oh god your..........

---

Quote:

---

Originally Posted by GreenStar

http://www.heartsfc.co.uk/articles/2...241384_3775759

interesting times still ahead :hmmm:

---

Indeed & Budgie stating shares will go straight to Bidco! Where's CWG? :greengrin Also interesting to note today for the first time they acknowledge the potential to still be in admin at start of next season. They say they're confident they'll be ok but I believe if there's any delay at all in what's a complex process then it will be a very close run thing. As you say, interesting times still to come.

Quote:

---

Originally Posted by Mon Dieu4

So with UKIO and UBIGs shares they she gets control of 79% of the Yams and has to offer the other share holders the same deal as UBIG, the small Yam shareholders will agree but doesn't Vlads niece have 15%?, can't see her accepting the square root of **** all, so although they will have a controlling stake does that mean that she and they won't actually own them outright and there is still scope for more Vlad shennigans? Or am I way off the mark?

---

Wouldn't surprise me in the slightest tbh.

Quote:

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Originally Posted by brog

Indeed & Budgie stating shares will go straight to Bidco! Where's CWG? :greengrin Also interesting to note today for the first time they acknowledge the potential to still be in admin at start of next season. They say they're confident they'll be ok but I believe if there's any delay at all in what's a complex process then it will be a very close run thing. As you say, interesting times still to come.

---

So still in admin at the start of the season -15 again ,can only hope,but knowing these rats they will prob be out the day before

Am I right in thinking they can't sell season tickets till they exit administration? If it drags on throughout the summer you would think they would face a cash-flow problem with no income coming in but wages and overheads still needing to be met. I predict the "begging bowl" will make a re-appearance any time soon!

Quote:

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Originally Posted by GreenStar

http://www.heartsfc.co.uk/articles/2...241384_3775759

interesting times still ahead :hmmm:

---

An interesting and informative statement from Anne Budge. Makes a refreshing change from the absolute horse manure press releases on that site during the Romanov years. :rolleyes:

Still work to be done until Hearts are 100% safe although I would imagine the hurdles will all be cleared. Its just a matter of whether they can get out of administration before the start of next season. :wink:

Quote:

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Originally Posted by brog

Indeed & Budgie stating shares will go straight to Bidco! Where's CWG? :greengrin

---

My understanding is that FOH is composed of two groups: BIDCO (the Biddies) and FANCO (the Fannies). Hence the biddies would make the initial purchase and it would be subsequently be passed over to the Fannies. This would be in line with Budgies' comments.

Would be fantastic if they were still in admin by the start of next season, would almost guarantee them not coming back up (I wonder if they know they won't be out, hence budgeting for two seasons in the 1st division). They need to get a few players in though, regardless of how well they are playing at the moment.

Quote:

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Originally Posted by Antwerphibs

Would be fantastic if they were still in admin by the start of next season, would almost guarantee them not coming back up (I wonder if they know they won't be out, hence budgeting for two seasons in the 1st division). They need to get a few players in though, regardless of how well they are playing at the moment.

---

They're budgeting for 2 seasons in the Championship because of Sevco.

Quote:

---

Originally Posted by brog

Indeed & Budgie stating shares will go straight to Bidco! Where's CWG? :greengrin Also interesting to note today for the first time they acknowledge the potential to still be in admin at start of next season. They say they're confident they'll be ok but I believe if there's any delay at all in what's a complex process then it will be a very close run thing. As you say, interesting times still to come.

---

The reality is that Budgie has been driving this for months. They presented it as a fans takeover until it was no longer tenable to do so. In reality it's nothing of the sort, although to be fair Budgie is saying she wants a legal agreement to hand the club over to the supporters in future - so long as they cough up of course!

Speaking/arguing with yams at the weekend it's clear they just don't get it.
Vlad is still a hero
They are debt free
Big club with big support
5-1 did kill us
They did not steal the poppy money
Hibs are next to go pop
Hibs fans would not have put in the money they did
Sergey is getting hunted down and will pay for his crimes
Vlad never added to their debt
SFA and SPFL are anti Hearts cos of RP
I was never in the camp of wanting them liquidated but now even that's to good for them.

Quote:

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Originally Posted by jgl07

My understanding is that FOH is composed of two groups: BIDCO (the Biddies) and FANCO (the Fannies). Hence the biddies would make the initial purchase and it would be subsequently be passed over to the Fannies. This would be in line with Budgies' comments.

---

Bidco 1874 and Foundation of Hearts are two completely separate companies with different company numbers and no common directors.

Also, I wonder if the Liths are aware they won't be seeing any cash any time soon if the paper work is going to take as long as we hope.

not that it matters, it will all go to BDO anyway for fees. :greengrin

Any news re last Friday's big announcement?

Quote:

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Originally Posted by HUTCHYHIBBY

Any news re last Friday's big announcement?

---

Big article in Sundays Scotland on Sunday quoting budge and Jackson etc Usual upbeat stuff but small comment from budge about remembering those that have lost money and jobs and vowing never to return to that . However I see in Dailly record today they are already linked with signing Kris Boyd to spearhead their return to top league

Quote:

---

Originally Posted by HUTCHYHIBBY

Any news re last Friday's big announcement?

---

Don't know about last Friday's but I just drove down Mcleod Street and there is one of these TV broadcast unit vans in the car park with a few engineer looking guys hanging about.

World Cup stars arriving or Budgie changed her mind ? :greengrin

Quote:

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Originally Posted by greenginger

Don't know about last Friday's but I just drove down Mcleod Street and there is one of these TV broadcast unit vans in the car park with a few engineer looking guys hanging about.

World Cup stars arriving or Budgie changed her mind ? :greengrin

---

Can only hope but I reckon their new strip is the commotion.

Quote:

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Originally Posted by jacomoseven

The reality is that Budgie has been driving this for months. They presented it as a fans takeover until it was no longer tenable to do so. In reality it's nothing of the sort, although to be fair Budgie is saying she wants a legal agreement to hand the club over to the supporters in future - so long as they cough up of course!

---

Good points made there !
The club isn't really debt free as they have to reimburse Mrs B before the fans can " take control"
Have had the impression over the last few weeks that this lady is adept at pushing out the spin !
Nothing really new being said just old statements " tarted up"

Think there may well be bit more water to flow under the bridge before the end of may !!:greengrin

Post admin. nothing will have changed right. Same club, ground strip etc so i dont see why HMRC cannot now go back with a new bill for the unpaid £2,000.000. If it needs a change in the law fine, i am sure our political leaders will be in full agreement.

Quote:

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Originally Posted by southsider

Post admin. nothing will have changed right. Same club, ground strip etc so i dont see why HMRC cannot now go back with a new bill for the unpaid £2,000.000. If it needs a change in the law fine, i am sure our political leaders will be in full agreement.

---

And I'm sure we will have one of our resident Financial experts along soon to tell you how that can't happen (IMHO)

Quote:

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Originally Posted by Golden Fleece

And I'm sure we will have one of our resident Financial experts along soon to tell you how that can't happen (IMHO)

---

Hearts don't owe HMRC any money.

Their bill will be settled at 0p in the pound out of the 2.5 million CVA. It's the way business works.

Quote:

---

Originally Posted by Golden Fleece

And I'm sure we will have one of our resident Financial experts along soon to tell you how that can't happen (IMHO)

---

im just back from holiday and trying to catch up, was the fact that the shares were frozen been a problem or is it another hurdle for them to overcome?

Quote:

---

Originally Posted by jdships

Good points made there !
The club isn't really debt free as they have to reimburse Mrs B before the fans can " take control"
Have had the impression over the last few weeks that this lady is adept at pushing out the spin !
Nothing really new being said just old statements " tarted up"

Think there may well be bit more water to flow under the bridge before the end of may !!:greengrin

---

It is just a new version of we owe it to ourselves. Ann Budge, the new UBIG.

as in Ukio Budgie Investment Groupie. :greengrin

Quote:

---

Originally Posted by malcky

im just back from holiday and trying to catch up, was the fact that the shares were frozen been a problem or is it another hurdle for them to overcome?

---

It would appear the shares have defrosted unfortunately.

This thread was interesting up until last week.

It's all over now.

It was none of our business anyway.:o

Quote:

---

Originally Posted by keekaboo

This thread was interesting up until last week.

It's all over now.

---

You are Bobby Womack :cb

Quote:

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Originally Posted by keekaboo

This thread was interesting up until last week.

It's all over now.

---

http://youtu.be/zyn8BJ1Uvzw

Quote:

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Originally Posted by CropleyWasGod

You are Bobby Womack :cb

---

If he's the guy married to Samantha Womack, then I really wish I was. :wink:



Attachment 12464

I'm hoping Sergey has been conjuring up another story for us all to believe in, it's about all we've got. :rolleyes:

Quote:

---

Originally Posted by Antwerphibs

Hearts don't owe HMRC any money.

Their bill will be settled at 0p in the pound out of the 2.5 million CVA. It's the way business works.

---

It is. But football clubs have to agree to honour football debts in order to continue. I feel sure that someone, at some time, is going to challenge this through a court. The club that goes bust agrees to selectively pay certain creditors of the old club so that they can continue to play football. Perhaps they should also be obliged to pay back the unpaid rates, income tax and public services before they can access further public resources or amenity's.