A few of them still seem to think that all that has happened is the debt has stayed the same as when they had Robinson. Aye, after £15m or so in player sales and £22m in questionable write offs and equity swaps. So, only £40m or so out.
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A few of them still seem to think that all that has happened is the debt has stayed the same as when they had Robinson. Aye, after £15m or so in player sales and £22m in questionable write offs and equity swaps. So, only £40m or so out.
Seems all a bit vague the whole web site - one of the "MD's" is pictured in a Hearts topQuote:
Originally Posted by JeMeSouviens
So far as a company they seem to have entered a couple of agreements that they have since withdrawn from and their main activity seems to be whatever this nonsense bid is with Hearts.Quote:
Originally Posted by Platinum Scotty
I presume the "single cash payment" is to acquire the PBS for more than a property developer or supermarket will pay for the site, followed by the Lithuanian taxpayers being kind enough to write off the rest of the £25m.Quote:
A bid would be based on a single cash payment to take over the club without the debt owed to UKIO and UBIG and other companies owned and controlled by Vladimir Romanov and his family.
There is more chance of Neil Lennon being gracious in defeat on Sunday than that happening.
Funnily enough, Crest Sports has a Norwegian partner, Kai Isaksen, who studied at Heriot Watt, has some previous connection to Hearts (possibly did some work for them?) and has been involved in some Norwegian sports clubs. Hitting all the "Scandinavian Consortium" buttons so far. :wink:
He also:
- couldn't come up with the readies for an agreed sponsorship deal with Edinburgh Capitals ...
http://www.edinburgh-capitals.com/in...:news&Itemid=7
- appears to have been involved in a potentially fraudulent deal to have Irn-Bru as a sponsor for a Norg football team ...
http://en.wikipedia.org/wiki/Irn-Bru#Norway
http://dt.no/sport/mif/mif-utsatt-fo...loff-1.5342594
The Yams on sickbag are wetting themselves at the news and I have to say that so far he sounds ideal to me too. :aok:
Looks very Yammish as well ...
https://encrypted-tbn1.gstatic.com/i...YcqZ3WVrlMnTDA
The following part of their statement was interesting.
On the face of it, that would make this whole thing a no go then, cos that debt isn't going away.Quote:
A bid would be based on a single cash payment to take over the club without the debt owed to UKIO and UBIG and other companies owned and controlled by Vladimir Romanov and his family.
Anybody know where I can buy Viking helmets. I sense a window in the market.
Well, unless the cash payment is very, very large. :cbQuote:
Originally Posted by Bajillions
They're going to need to shift a lot of cakes for that to happen.Quote:
Originally Posted by JeMeSouviens
For wearing or kicking? :greengrinQuote:
Originally Posted by Filled Rolls
I get the impression the bid would only be made after the debt had been shed.Quote:
Originally Posted by JeMeSouviens
In all seriousness, can anyone explain why someone would buy Hearts when they're are other teams in the SPL who have a lot less problems, say Hibs (Hypothetically) This looks to me like someone considering a derilict 3 bedroom house with no roof and a rat infestation when there is a well looked after mansion next door for not much more.
Quote:
Originally Posted by JeMeSouviens
Well he's the very man to dispose of a few dozen. In one sitting.Quote:
Originally Posted by Eyrie
He he. Their press release talks about educational links to Edinburgh.Quote:
Originally Posted by JeMeSouviens
I really hope they are getting excited about this!
You couldn't buy Hibs for just a few quid and most other teams need significant infrastructure investment. There is no money to be made though.Quote:
Originally Posted by Bajillions
To be fair it is easier to prepare a bid for a club that is looking to be bought. Norway vs Lithuania over tynecastle. Fun?Quote:
Originally Posted by Bajillions
I've got some O grades and a Higher in Geography, courtesy of Leith Academy. Also got my bank statement in this morning and I've just avoided going into overdraft this month by £1.36.Quote:
Originally Posted by Andy74
Awaiting the call from a fat Nordic bloke.......
I thought Hibs were always for sale to the right buyer? I'm sure I read that before.Quote:
Originally Posted by rcarter1
:hilariousQuote:
Originally Posted by Desperate Dan
How do Yams & Allisbarry continue to get away with statements that " they have not received funding from UBIG/UKIO for 18 months ". They're paying interest on a loan, their own a/c's show it, in which way is a loan not funding & how stupid are our journos?? Sorry, stupid questions!!
and payingv back the loan at favourable terms they couldnrt get elsewhere
Rings a bell now that you mention it, but its not exactly in the news every day. I suspect that once again (ie similar to when Vlad came in for them) Hearts look the easy option if you believe you can pull a fast one over the Lith admins. In an auction, and with Hearts debt out of the equation, surely Hibs are worth a lot more considering stadium issues etc. Have to say the guy looks like a Jambo so I suspect this will end in tears when his 5 pence in the pound offer is rejected.Quote:
Originally Posted by Bajillions
That's a lesbian James CordenQuote:
Originally Posted by JeMeSouviens
Presumably they only mean that Hearts havent been getting any new money put in during that period? The fact that they may well be self sufficient (when ignoring the debts) is of course irrelevant if in the end they are held to the full amount - or substantial portion - of the debt.Quote:
Originally Posted by brog
:faf:Quote:
Originally Posted by Treadstone
Quote:
Originally Posted by Desperate Dan
Four helmets, licking hats.Quote:
Originally Posted by Mikey
Can't see Gary MacKay putting one on, say, to publicise, season ticket sales, a share issue, or even himself. Always been a bit camera shy our Gary.
Frying pan, meet fire.Quote:
Originally Posted by Andy74
Particularly where stupit bunnets are concerned. :agree:Quote:
Originally Posted by Filled Rolls
Attachment 9970
A momentary abberation I'm sure, along the lines of Max Moseley or Prince Harry. I bet Gary didn't even know the press were there.Quote:
Originally Posted by Greentinted
:faf:Quote:
Originally Posted by Treadstone