Sorry tae spoil it for you :greengrin but I'm afraid I did photoshop it, still....:greengrinQuote:
Originally Posted by QMU-1875
Printable View
Sorry tae spoil it for you :greengrin but I'm afraid I did photoshop it, still....:greengrinQuote:
Originally Posted by QMU-1875
Good point. I might drop him an email later on.Quote:
Originally Posted by Spike Mandela
Talking of photoshopping, who done that picture of Fester wi' the shirt, tie and tracky bottoms combo. What ? Its real.:sofa:Quote:
Originally Posted by Desperate Dan
Naebody could photoshop that :greengrin it was 100% genuine :agree:Quote:
Originally Posted by Treadstone
http://i1.dailyrecord.co.uk/incoming...s+John+McGlynn
It was such a fashion statement they decided tae use it for an advertisement :agree:
http://i19.photobucket.com/albums/b1...971/fester.jpg
Il pretend I didn't hear that hahaQuote:
Originally Posted by Caversham Green
Just because he was once found lying drunk in a gutter. Shame on you Dan.Quote:
Originally Posted by Desperate Dan
In any case, the pish comes out of his mouth so it was a bad attempt at photo-shopping. :greengrin
Sorry :greengrinQuote:
Originally Posted by Seveno
I can imagine the conversation as Fester turns to Mrs Fester at a do "but the invitation said smart/casual"Quote:
Originally Posted by Desperate Dan
:hilariousQuote:
Originally Posted by Treadstone
People are underestimating how wise the Hearts board are. Clearly their agenda was to hold off administration until next year and thus hired a manager to get as few points this season as possible to reduce the points deduction they will suffer. Genius.:cbQuote:
Originally Posted by macca70
Posted this to the PM board. Not suggesting this could happen across the road but it does make interesting reading for now...:aok:
Funny you mention that Sergey, the following from 2011 reads as a carbon copy of HoMoFC's latest drivel statement...Quote:
Originally Posted by Sergey
http://www.bbc.co.uk/sport/0/football/15792023
Just to add...6 days later Antonov was arrested...http://www.bbc.co.uk/news/uk-england-hampshire-15882620Quote:
Originally Posted by BBC Sport
Then a few months later administration came...http://www.bbc.co.uk/sport/0/football/16943651
There are a few parallels in the two situations to my, financially, untrained eye.
To my well honed Lithuanian financial eye - the Bankas Snoras scandal is a carbon copy of the Ukio Bankas ruse.Quote:
Originally Posted by the_ginger_hibee
If the Lithuanian authorities (back then under a more liberal government) can put an EPL club into administration, then there's little doubt that a tin-pot Scottish club will go the same way, certainly under a new authoritarian government who are attempting to cleanse their financial marketplace for future inward investment.
http://www.scotsman.com/sport/footba...kely-1-2796683
Things sounding a lot less confident around the Pink Palace. Mind you this is the Scotsman and they still state half way through the article that UBIG is the parent company of the Ukio Bankas. :rolleyes:
are they no bliddy deid yet? lots of conjecture here, hope they are really in the stooshie and dont wriggle oot
If that was true the Yams would already be in line for an 18 point deduction. Rule A6.12 says:Quote:
Originally Posted by greenginger
According to the Scotsman Ukio is a group undertaking and Fedotovas has admitted that HoMFC has debt and banking arrangements with them, so the SPL should at least be examining the relationship.Quote:
For the purposes of Rules A6.8 to A6.10 (inclusive) all references to a Club taking, suffering or being subject to an Insolvency Event and/or an Insolvency Process as well as including the owner and operator of a Club taking, suffering or being subject to an Insolvency Event and/or an Insolvency Process shall, if the Board so determines having regard to (i) the need to protect the integrity and continuity of the League; (ii) the reputation of the League; and (iii) the relationship between such owner and operator and the Group Undertaking concerned, also include any Group Undertaking of such an owner and operator taking, suffering or being subject to an Insolvency Event and/or an Insolvency Process.
Of course, if UBIG suffer an insolvency event HoMFC will suffer the points deduction, and rightly so. According to 'Mr Romanov', HoMFC have benfitted from their membership of the UBIG group to the tune of £60m and that will undoubtedly have contributed to UBIG's demise if they go bust. In the context of Scottish football £60m is an enormous amount - 15 years turnover for some SPL clubs - and HoMFC almost certainly gained several league places and two trophies as a result. The rules are clear and this is precisely why they are in place: HoMFC have had the benefits and they should now suffer the consequences.
Proposed buyer of Ukio Bankas assets has pulled out
http://vz.lt/article/2013/2/18/dnb-t...imo-operacijos
I always thought Romanov himself was the major shareholder rather than UBIG?Quote:
Originally Posted by Caversham Green
No, UBIG own 116,025,847 shares, Vlad doesn't own any.Quote:
Originally Posted by Fat Penlon
Did that change recently?Quote:
Originally Posted by Caversham Green
The info I could see (which has now gone) showed Vlad himself owning the shares and UBIG had some but sold the last of them about a year ago from memory (when it appeared to need the cash as wages weren't getting paid in Gorgie....)
sorry I thought you meant in Ukio.... I see further down this thread you mean Hearts.
I take it that is the football club with the UBIG share holding and it is /was the Ukio Bankas that Vlad holds the shares in.Quote:
Originally Posted by Caversham Green
Just making it clear in case any sports journos are trying to understand the situation by following Hibs.Net. :agree:
Yep. Maybe we were talking at cross-purposes there. As far as I'm aware, UBIG owns that number of shares in the football club but Vlad owns shares in UKIO - the Scotsman has apparently got it wrong, but I was pointing out that if they were right the 18 point deduction could be applied now.Quote:
Originally Posted by greenginger
All clear now?
Come now GG, surely you know by now that certain 'journalists' just adopt that investigative technique they've learned known as 'copy and paste' :greengrinQuote:
Originally Posted by greenginger
Quickly followed up with 'defensive stance' tactics when challenged on social media when told to do their job properly and try and at least go 'old school' and do some real investigatve journalism. 3-D programmes are where it's all at - don't ya know :agree:
Anderson made me smile last week with his wee Twitter 'tennis match' with one of our fans - I particularly liked his 'I'm not a business journalist I'm a sports journalist' mantra - I would have thought a hacks room would be full of what's known as 'colleagues' - those types of 'colleagues' that you could go to and perhaps share in their expertise/opinion of a situation - perhaps do some combined research, some combined investigation, then print a combined article and pool the resources together - but clearly at the Edinburgh Evening News he doesn't appear to have the confidence to approach the business journos and ask for advice - maybe he's just shy eh.
Hearts apologist, never a journalist :agree:
If Vlad doesnt own any shares in Hertz or UBIG how has he managed to be the ring master of the three ring gorgie circus?
I think we need a pretty picture with circles, showing whos fingers are in which pies.Quote:
Originally Posted by Caversham Green
For the journos looking in, naturally :wink:
Quote:
Originally Posted by greenginger
Absolute puff piece on FOH, Donald Ford explaining that they don't have a pot to piss in. If the Yams are to be sold soon then it looks as though FOH are not in the running. That said it looks for all the world as a charade to sell season tickets.
“The hope has to be that Hearts avoid someone who says they have pots of money to sort it out,” Ford told The Scotsman.
Hear Hear Donald.
Lithuanian Govt. has postponed their decision on what to do with Ukio until Tuesday, after there is a meeting of the Central Bank tonight.
http://vz.lt/?PublicationId=20b0c1ef...=powerlinklist
http://www.ekonomika.lt/naujiena/uki...ara-36297.htmlQuote:
Asked whether bankruptcy is being considered, V. Vasiliauskas said: "Without a doubt, yes. Bankruptcy is like a full-time scenarios, but, as I have said repeatedly, the Bank of Lithuania priority - to find the best solution for depositors, creditors, bank and public finances. "
According to him, the Bank of Lithuania inspectors in assessing the situation of the bank in November last year at 30, additionally's calculated the necessary adjustments for the approximately 800 million. LTL.
Vasiliauskas is the Lithuanian central bank governor.
800 million Lithuanian Litas (LTL) is about £200 million.
Bloomberg confirms the story that two (out of four) supposed buyers aren't interested in Ukio.
http://www.bloomberg.com/news/2013-0...tml?cmpid=yhoo
Quote:
The central bank plans to decide this evening whether Ukio should be split up and partly sold, taken over by the government or declared bankrupt.
Vlad owns the controlling shares in both UBIG and Ukio (or 'did own' in the case of the latter) but Ukio are not part of the UBIG group - that would need UBIG to own the shares in Ukio. He's the top yam roaster through his control of UBIG.Quote:
Originally Posted by TrinityHibs
I know one of them and that's true and untrue in a sense - their plan is to get the club cheaply and debt free - however their plan is also not to plough funds into the football club from their own personal resources (however as with any emotional investment, the temptation will be there and the pressure from fans will try and prompt some).Quote:
Originally Posted by Treadstone
They are however wealthy people in the sense that they are very comfortable financially (in real terms compared to you or I) - but not that wealthy that they can invest huge sums of their money into a business that notoriously eats up money for fun with little return other than on the field success/emotional wealth.
I had an amusing chat with a Hearts supporting mate who was trying to convince those that would listen that they do it in Spain and Barcelona so why can't Hearts (fan ownership) and that if it went ahead Hearts would be a dominant force in football behind Celtic - mmmmmmmmm perhaps football economies of scale ya plum ?
Barca gain over £120 million in TV money and rake in over £350 million in cash each year - they also have won the Champions League a few times, cruelly taken away from the Pretenders for the crown Hearts, who despite claiming to own the trophy way back in 2006, failed to grasp the nettle and allowed a little old Catalan club to wrench it away from them :agree: that and having world players of the year, a stadium full each game and not requiring false advertising, a club which doesn't need to have face painting and 'cook your own paella' days, a club which has literally just under 200,000 members, clearly falling short of Hearts' 400,000 I know, but they can catch up :greengrin
Oh and even after all this - Barca are over £300 million in debt :agree:
Fan ownership - it's a winner - it makes all your financial troubles disappear so it does. Aye right.
My main concern at present is this stadium out at Sighthill - and the silence that has gone with it. I'm going to take it up with two councillors I know as I have a horrible feeling that things like Hearts using it will be discussed behind closed doors - the feasibility study carried out by CEC just proves that there are people at Chambers who are willing to promote the idea and try and push hard for a positive outcome for Hearts - I wonder, if this did happen, would Hibs have an option to legally challenge this - anyone in the know at the time tell me, did STF ever make a legal challenge to CEC during the time where Hibs were trying to purchase the land around Easter Road ? Clearly a different time, era and council - but just curious as to what reasons were given by CEC at this time ?
This was kind of my point. To get the club cheaply and debt free is what everyone who wants into a football club would wish, however it rarely works like that on Planet Football. I don't know them like you do and I wouldn't blame them for not investing personal wealth (I wouldn't) but looking from the outside they look to me like egotists or opportunists or indeed both.Quote:
Originally Posted by truehibernian
~10K seats, a running track and a proper commercial rent and they can knock themselves out. :wink:Quote:
Originally Posted by truehibernian
They said the trams would be in budget and on schedule - I don't trust anything they do or say, do you ?Quote:
Originally Posted by JeMeSouviens
What will it mean to hearts if nobody buys it?Quote:
Originally Posted by Part/Time Supporter
That doesn't make much difference, because the buyers would only be interested in the good bits of Ukio. They're not interested in the bad loans to UBIG. The effect it will have is to reduce the price the buyer (most likely Siauliu Bankas) will have to pay for the good bits.Quote:
Originally Posted by bingo70
The articles are talking about a deficit of £200M on the bad bits of Ukio, which is a big amount for a country with the limited size and wealth of Lithuania. Most likely they'll hive off the good bits to Siauliu Bankas, which would protect the depositors, and declare the rest bankrupt (liquidating it).
The liquidator would then demand repayment of the bad loans, including from UBIG. This is where the danger to HMFC arises, because part of those Ukio loans to UBIG are secured on HMFC assets and UBIG would most likely become insolvent as well.
I've done a bit of work with the Council and the chances of them consulting on the community stadium and then securing planning permission, Building Warrant, tenders and then building the stadium in less than 4 years is remote at best. If the existing Hertz entity is still lurching along in 4 years then the world will have tipped on its axis. There's more chance of Saddam Hussein and Osama Bin Laden re-forming their Proclaimers tribute band and playing at the opening of the new Sighthill Wongadome than the current itteration of Hearts turning up. Four years......those mugs will be lucky if they are around in 4 months.Quote:
Originally Posted by truehibernian
Austere times as well surely adds a couple of years at least. :violin:Quote:
Originally Posted by TrinityHibs
"There's more chance of Saddam Hussein and Osama Bin Laden re-forming their Proclaimers tribute band and playing at the opening of the new Sighthill Wongadome than the current itteration of Hearts turning up"
There's something beautifully Blackadderish about that statement. :-)
Quote:
Originally Posted by TrinityHibs
I love the mix of humour and venom. :top marks
This is worth a read... (translation of a Lithuanian newspaper article from last Wednesday)
http://en.delfi.lt/29822/lithuanian-...ort-201329822/
Quote:
But the similarities between the Snoras Bank and Ukio Bank end here, because Snoras was consistently and logically expanding its business until the very moment when it was shut down. And as for the main shareholder of Ukio Bank, the eccentric millionaire Vladimir Romanov, he was acting as if he was deliberately seeking to ruin his business group as soon as possible for the past several years.
Quote:
The bank’s activities were restricted when it became clear that it had to ensure about 800 million litas [LTL] of additional provisions.
“The liquidity did not even reach 29 percent. Just a few more days, and the bank would not have had any funds at all,” Vitas Vasiliauskas, chairman of the board of the Bank of Lithuania, said.
He does not bury Ukio Bank yet, the temporary administrator will have to assess, within six days, whether it is possible to restore and continue to operate the bank.
The Bank of Lithuania has already handed a pile of documents to prosecutors. There are suspicions that Ukio Bank managers rented property at unreasonably high prices and employed relatives, awarding them very high salaries.
Prosecutor Simonas Minkevicius mentioned that, in this case, the amounts could reach tens of millions of litas.
Quote:
After the suspension of Ukio Bank’s activities was announced on Tuesday [12 February], Romanov answered the phone and pretended that it was somebody else and said: “Vladimir [Romanov] will not comment on the situation.” Later he said that Romanov was not available.
When we called him for the third time and asked whether Romanov was in Lithuania at all, the Ukio Bank owner started speaking in the first person: “I have not left the country, I wanted to go abroad for business, but I stayed.”
After these words, he discontinued the conversation.
When we called him once again and asked him to comment on the situation, the businessman growled: “I do not have anything to talk about to you, and cursed. When we called him again, the banker became more talkative.
[Lietuvos Rytas] This is a Lietuvos Rytas journalist calling you again.
[Romanov] Rytas? And what, you want me to talk to you?
[Lietuvos Rytas] We want to hear your comments on the Ukio Bank’s situation and your assessment of the situation.
[Romanov] So you have already expressed all opinions, and now you are asking me?
[Lietuvos Rytas] We want the people to hear your opinion as well, because there is a rumor that Ukio Bank got into the difficult situation also because of your statements in the municipality about Zalgiris’s debts.
[Romanov] You have always been speaking against Zalgiris, against the bank, against me.
And now what, you want to know my opinion?
My opinion is that you are perverts….
[Lietuvos Rytas] Are you currently in Kaunas [second largest Lithuanian city] or are you abroad?
[Romanov] I am in Kaunas. You can come over.
:agree:Quote:
Originally Posted by Treadstone
Would be a tough sell to the honest citizens of Edinburgh no matter how hard the cardigan wearing key janglers at the Council may try to punt the idea.
Particularly as our pink neighbours are currently due the public purse a large sum of money.
Does anybody have any idea why Sergey Fedatodus seems to spend his entire time trying to save the Yams and pacify their supporters ?
Pre the Ukio Bankas admin there was a chance of Vlad and him getting some money out of a sale but they have missed the bus and any money raised would have to be passed on to the Ukio Admin. because of the security and other debts.
Surely there must be other bits of vlad's empire that could raise cash that could be spirited offshore a lot easier that he could be dealing with.
Does he not Know that, even if he saves HOMFC and enables them to play 3rd division football at Saughton Enclosure, the Yam hoardes will not love him !:greengrin
I think he'll stick around long enough to trouser the cup final ticket money & next season's early renewers (mugs) ST money then will bolt
I think they are a rudderless ship just now. I don't think any instructions have been arriving from Lithuania at all.Quote:
Originally Posted by greenginger
Main task for Fedatovus is to make sure they don't run out of cash so he can keep drawing a wage.
"My opinion is that you are perverts".
Quality quote from the submariner! I was half expecting him to make an appearance on SKY1's Last Resort at some point!
The great Hearts myth about their youngest ever team has been exploded on Keekback. Their "youngest ever team" against Celtic last month was their 92nd youngest team in the history of the SPL. A list of their top 10 makes interesting reading as they have only won 2 of them. Long time until they get competitive again :greengrin
1 21.60 Sat 12 Mar 2005 Hearts 0 Inverness Caledonian Thistle 2
2 23.24 Sun 07 Mar 2004 Kilmarnock 1 Hearts 1
3 23.27 Sun 22 May 2005 Aberdeen 2 Hearts 0
4 23.29 Mon 05 Mar 2007 Motherwell 0 Hearts 2
4 23.29 Sun 20 Dec 2009 Hearts 2 Celtic 1
6 23.30 Wed 02 Mar 2005 Hearts 1 Rangers 2
7 23.38 Sat 05 Mar 2005 Dunfermline Athletic 1 Hearts 1
8 23.40 Sun 07 Mar 2010 Dundee United 1 Hearts 0
9 23.41 Sat 22 Apr 2006 Hibernian 2 Hearts 1
10 23.47 Sat 10 Mar 2007 Aberdeen 1 Hearts 0
http://www.bloomberg.com/news/2013-0...-takeover.html
The meeting of the Lithuanian number crunchers did'nt take long. :agree:
So this....
...will hopefully lead to this....Quote:
Originally Posted by greenginger
:fenlonQuote:
Originally Posted by Part/Time Supporter
LOL :top marksQuote:
Originally Posted by TrinityHibs
That article is a bit more encouraging for them as it suggests the whole bank will be sold, rather than just picking out certain parts of the business. What happens next to UBIG and Hearts depends on the outcome of negotiations between the Lithuanian central bank and Siauliu Bank, which will happen this week.Quote:
Originally Posted by greenginger
Barry Anderson@BarryAnderson_8
Lithuania's Central Bank opts to transfer all Ukio Bankas' rights, assets & liabilities to Siauliu Bankas. Impact on #Hearts not yet clear.
why is he reporting this when in his words there are no direct links between Hearts and Ukio? fannyQuote:
Originally Posted by Www1875hfc
There could be a barren landscape where Swynie once stood and Banderson would ask Sergejus Fedotovas "Will this affect Hearts going forward ?"Quote:
Originally Posted by Www1875hfc
Quote:
Originally Posted by Mon Dieu4
hahahah :greengrin :aok:
Quote:
Originally Posted by Mon Dieu4
Thats because it would require the application of logic and clear thinking, none of which apply to the thick welt.
its also what happens when you simply parrot what the hearts board feed you, eventually the web of lies and deceit trip you up, moron that he is
Banderson was tweeted by a Lithuanian journalist which is very strange, this would imply that he has used a bit of nous to find out more and be kept abreast of developments. Like I said strange as he is a sports journo and not a business one and doesn't like his integrity called into question.:loser:
Brilliant! :cool:Quote:
Originally Posted by TrinityHibs
Sent from my GT-I9300 using Tapatalk 2
Things are moving a little faster now. :greengrin
The puddle drinkers over the road are starting to realise they are in deep sheee!te.
The funny thing is, the majority of them still don't see it. There are one or two who realise, but most of them are trotting the "it won't have an effect on us" line.Quote:
Originally Posted by Www1875hfc
Oh it will be painful for them when it happens....:greengrin
I think in the psychiatry game its called denial.:dead:Quote:
Originally Posted by SmashinGlass
Only after the bad loans have been removed, so, maybe not so encouraging for them after all! :tee hee:Quote:
Originally Posted by Part/Time Supporter
I didn't see any reference to this in the Bank of Lithuania press release? It says that they "decided to transfer the assets, rights, transactions and liabilities" to Šiaulių bankas. It makes no mention of removing the bad loans? Or have I missed something?Quote:
Originally Posted by HUTCHYHIBBY
It'll have an effect on me, I'll laugh so hard my heid will fall off. :agree:Quote:
Originally Posted by SmashinGlass
Now that wid be a sight to see J.Quote:
Originally Posted by Desperate Dan
I am really really hoping they get screwed over and the sooner the better.
Tick tock tick tock.... I'm waiting!!!
So it's gone fae no effect at all to impact unclear. He is just guessing ain't heQuote:
Originally Posted by Www1875hfc
had a wee peak there on kickback (looks like a website a pub team would set up) and im more shocked, not at their dilusion that this wont affect them but more at none of them know anything about it.
total :ostrich::monkey::vladsheep:
Quote:
Originally Posted by HUTCHYHIBBY
maybe he thought he was giving a speech to the playing staff of his mingin football club
* wee airdrie jambo agrees*
No you're quite right.It's basically a transfer of the business -the receiving will then start to examine the business they've got-just as Lloyds did with Bank of Scotland.It won't be quick and will be complicated if as I think is right UBIG are part owners of Ukio Bankus not just customers.Quote:
Originally Posted by grunt
He claims he doesn't cover business matters soa after a dusting down on twitter during which he comes over all high and mighty he then starts posting business news. He's a big bandy, baby-brain who is clueless as to what is happening/has happened at Hearts. All he's good for is PR for the sparryheids.Quote:
Originally Posted by Www1875hfc
From the Bloomberg piece:Quote:
Originally Posted by grunt
Quote:
It was not clear whether Siauliu would agree to acquire any of the foreign assets that Ukio’s majority owner Vladimir Romanov, or companies related to him, had pledged to the bank as loan security, Vasiliauskas said. Those included assets related to Edinburgh soccer club Heart of Midlothian, the Birac AD alumina producer in Bosnia and Herzegovina, real estate in Moscow and other things, he said.
Unhealthy assets would be split off and, if recovered, distributed to Ukio creditors, the central banker said.
Temporary administrator Adomas Audickas’s report on Ukio found that the bank’s liabilities exceeded its assets by about 1.1 billion litai.
In order to proceed quickly, that preliminary estimate would be the basis for negotiations with Siauliu, Audickas told reporters at the same press conference. An independent appraiser would then value the property in detail, and any differences would be settled between the parties later, he said.
And I, for one, will join you in that! :greengrin:agree:Quote:
Originally Posted by Desperate Dan
Thanks for posting that, I hadn't seen it.Quote:
Originally Posted by JeMeSouviens
Here's the link http://www.bloomberg.com/news/2013-0...-takeover.html
Dunno if someone has already posted it.. And I don't care cause it's worth another look !!
http://sphotos-e.ak.fbcdn.net/hphoto...93663270_n.jpg
Haha that's classQuote:
Originally Posted by EdinMike
Ok so the Ukio Bankas are in administration im calling for a immediate 18 point deduction for **** just to get the ball rolling .
Hows the table looking now :na na:
Haha 'All is Barry' but of a sly dig there :DQuote:
Originally Posted by EdinMike
Fantastic where did it come fae?
Successful transfer of Ukio’s assets, rights and liabilities to Siauliu Bankas, after removing the bad loans, would mean the insurance fund will only have to pay out about 800 million litai ($309 million), Vasiliauskas said.Quote:
Originally Posted by grunt
Taken from the Bloomberg link further up the page.
http://www.scotsman.com/edinburgh-ev...toon-1-2796972Quote:
Originally Posted by M6hibee
Quote:
Originally Posted by M6hibee
Methinks something may have been lost in translation between Banderson and his Lith connection - I've adjusted your post to reflect that :greengrin
The inclusion of the tracksuited figure in the second row is fantastic.Quote:
Originally Posted by EdinMike
The funny thing is that it's so obvious he won't even see it :greengrinQuote:
Originally Posted by ScottB
Looks like a spectacled version of the elephant that was hanging the Romanov banner out her window!Quote:
Originally Posted by The Tubs
Is that The Pieman with the bunnet on as well?
Thanks - I hadn't seen the Bloomberg article.Quote:
Originally Posted by HUTCHYHIBBY
It was updated from an earlier draft to include the comments about the "foreign assets". I think the comparison with the Lloyds takeover of HBOS is quite appropriate. HBOS were extremely generous in their lending to Scottish football clubs, the Huns in particular. They started to come under big pressure financially when Lloyds took over that lending and demanded repayment. They were repaid in full by Whyte's deal with Ticketus, but that deal (and getting knocked out of Europe) had the effect of buggering the Huns' cashflow and led to their demise.Quote:
Originally Posted by grunt
As far as I can see, there are now two scenarios for UBIG and Hearts:
1. This other Lithuanian bank agree to take on the dodgy loans to UBIG, but apply pressure for them to be repaid, possibly resulting in insolvency later. This is the good scenario for them, as they might be able to agree some other resolution in the meantime.
2. The other Lithuanian bank refuse to take on the loans, which have to be immediately liquidated as Ukio no longer has a banking licence. This is the bad scenario as it would probably cause (almost) immediate insolvency in UBIG and (by extension) Hearts.
2,2,2,2,2,2,2,2,2,2,2,2.... :pray:Quote:
Originally Posted by Part/Time Supporter
Nae bother! :aok:Quote:
Originally Posted by grunt
There you go with that sexy talk again :love ya!:Quote:
Originally Posted by Part/Time Supporter
I've already cracked three off to it. :greengrinQuote:
Originally Posted by Mikey
saw this the day haha is that one mr salmond munching on a pie :greengrinQuote:
Originally Posted by EdinMike
A spy in the ranks ?! :wink:Quote:
Originally Posted by HUTCHYHIBBY
Shout out for the Alex Salmond and his trademark pie cameo too !
Quote:
Originally Posted by EdinMike
A far too kind caricature of jenny dawe in row 2 as well ... but no milligan???
The first of the sycophantic obituaries from over the road:
"Well as this news breaks this evening along with other events its became apparent that his lack of investment in the club is because of his other financial goings on.
I've always sat on the fence with the man, grateful for keeping us at Tynie, all the money, the cups his money provided and even his rants when at the correct people. I've also went against sackings, interfering, using us as a plaything and worried about how we will end up when the smoke clears.
But lets make no mistake this man is a generous and fantastic man, whatever the motives has been a complete hero for Heart of Midlothian football club.
His bank is sinking and he will be deeply distressed and I for one would like to make it known that I deeply appreciate all he has done for our club and I hope upon hope, even when he sells the club or its taken off his hand the man ends up ok.
All the best Mr Romanov. You have thousands upon thousands of jambos who appreciate and love you big man."
What a beautiful day day day what a beautiful day.
Wow just wow!Quote:
Originally Posted by Jim44
:faf: :faf:Quote:
Originally Posted by Jim44
I'm one of a fair few thousand Hibby's who are loving his work too. :Romanov:Quote:
Originally Posted by Jim44
That has to be an undercover Hibby, surely.Quote:
Originally Posted by Jim44
Lithuania has one of the highest suicide rates in the world... I hope he'll be ok too...Quote:
Originally Posted by Jim44
:faf::faf:Quote:
Originally Posted by Jim44
They really are a deluded bunch of muppets, calling the man who run their club into the ground a hero.
Bunch of Chumps
Gorgie will soon have as well....................Quote:
Originally Posted by EdinMike