Share Transfers Agreed/Cooling off period

Even tonight, they're still saying things like "we don't need to sell" and "we currently have no cashflow problems."

This is a club bumming coppers off Selkirk; a club who couldn't afford to pay for their own transport to Leigh; a club who could very well cease to exist in the coming days/weeks.

Surely the roasters owe it to themselves :greengrin to take this all a bit more seriously.

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Originally Posted by sidneyhibbie

This is History at last the game is finally over Sidney feels he hit the final nail right now into the yams coffin its good to be Hibbie.:aok:

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Lovely stuff. Tell Sidney thanks from me. I've been waiting for another third person post from you for pages - tonight, I'll finally get a good night's sleep. Love it - :greengrin

well the fannies of hertz have submitted their "strong, credible and low risk" offer.

Nurse !!

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Originally Posted by Craig_in_Prague

well the fannies of hertz have submitted their "strong, credible and low risk" offer.

Nurse !!

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It was actually "headstrong, incredible and low" but they ran out of printer ink when running off the media release.

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Originally Posted by The Green Goblin

Lovely stuff. Tell Sidney thanks from me. I've been waiting for another third person post from you for pages - tonight, I'll finally get a good night's sleep. Love it - :greengrin

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Never thought I would see pages quoted as a length of time. SiMar likes this.

He was waiting for pages and pages until finally he got what he wanted ;-)

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Originally Posted by Topographic Hibby

...and when thing get tight, holidays approach, Xmas looms large, these DDs are easily and readily cancellable. They have all the weight and financial clout of a 1000 wispy feathers. Not worth the paper they are printed on. BDO must see through these "pledges" as gossamer-thin funding, likely to collapse at the first sign of financial stress or trouble.

And another thing.....(gets on top of high-horse).

In a post BDO insolvency event wrap-up, who in their right minds will extend any sort of credit funding to HMFC, FOH-led or otherwise. Every institution with a modicum of lending criteria or potential unsecured creditor/supplier intent on providing a service/goods must be asking for cash up front. Once we all see how the wee-guys will get stuffed in the CVA, nobody will want to offer any sort of terms to them. (gets down from a very big horse...)

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I can't see BDO being remotely interested in how the bid is being funded longer-term. That's the problem of whoever is funding FoH. All BDO will be interested in is whether FoH have the ability to pay the money if and when the club/assets are sold.

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Originally Posted by SiMar

Never thought I would see pages quoted as a length of time. SiMar likes this.

He was waiting for pages and pages until finally he got what he wanted ;-)

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He's been waiting for pages and ages. :agree:

If FOH is the only bid submitted and is as pathetic as expected i dont See why BDO wont just announce liquidation immidiately. They announced the day after that it was the worse Football Administration they have seen.

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Originally Posted by steviehibsleith

If FOH is the only bid submitted and is as pathetic as expected i dont See why BDO wont just announce liquidation immidiately. They announced the day after that it was the worse Football Administration they have seen.

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Been the best from where I'm sitting.

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Originally Posted by Hiberniankb

Taken from kickback - big player next season, but if the money's good then the moneys good. Forest are simply not a big club thogh


:faf:

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Obviously never been to the City Ground then, mind you its no Tynecastle, no wooden stand, tin / asbestos roof and I can't recall Forest ever making the papers because they painted a step or replaced a lightbulb - they probably just regard that as minimum maintenance or health & safety like everyone else - not Yam class.

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Originally Posted by steviehibsleith

If FOH is the only bid submitted and is as pathetic as expected i dont See why BDO wont just announce liquidation immidiately. They announced the day after that it was the worse Football Administration they have seen.

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Originally Posted by Northernhibee

Been the best from where I'm sitting.

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:greengrin :agree:


Not long now, one would think.......................

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Originally Posted by steviehibsleith

If FOH is the only bid submitted and is as pathetic as expected i dont See why BDO wont just announce liquidation immidiately. They announced the day after that it was the worse Football Administration they have seen.

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It's not up to them, that's why not.

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Originally Posted by Beefster

I can't see BDO being remotely interested in how the bid is being funded longer-term. That's the problem of whoever is funding FoH. All BDO will be interested in is whether FoH have the ability to pay the money if and when the club/assets are sold.

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If the bid is money up front and then instalments then surely BDO will be interested in its funding arrangement. A sizeable sum dependent on the whim of fickle fitba fans. I know it would be up to others to accept but I'm guessing they would ask BDO for advice and to answer any questions they may have.

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Originally Posted by Treadstone

If the bid is money up front and then instalments then surely BDO will be interested in its funding arrangement. A sizeable sum dependent on the whim of fickle fitba fans. I know it would be up to others to accept but I'm guessing they would ask BDO for advice and to answer any questions they may have.

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I'm not sure why the bid would be 'money up front and then instalments'. The instalments will be to repay the up front money (which will be used to buy the club/assets) to whoever is loaning it (i.e. FoH's backers). The direct debits disappearing quickly will be the funders' problem, not BDO's (who will be long gone by then).

Unless I'm fundamentally missing something, which is possible.

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Originally Posted by RossHibs

Aye....' big ' clubs grab half the gate receipts from a minor league side and then compete for the Insolvency Cup to raise funds. They pay bills through bake sales and charity auctions. Big clubs fans believe the words of a shyster who`s advances had previously been rejected by ' wee ' teams. Big clubs are those who are now up **** creek and owing millions left, right and centre.

Nottingham Forest are only twice winners of the European Cup.......

That must be a wee cup for wee teams...

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This just sums up how much of huge laughing stock, joke of a club that hearts really are, not to mention a great example of how utterly arrogant and deluded hearts fans are :faf:

Honestly, some of the things that the hearts fans have sprouted over the years has been beyond hilarious, my jambo mates have given me some brilliant side splitters over the years. Let me share their comedy with you, heres a few of my all time favourite yam quotes:

"Hearts will dominate the old firm"
"Hibs are too wee a team for hearts to be rivals with"
"Many hibs fans will become hearts fans due to our success'
"Administration is a good thing, we will come out stronger and debt free, it's the hobos and every other SPL club bar celtic that will suffer most"
"I have money on us to finish above the hobos and make Europe despite the -15 points"
"We left hibs behind"
"We killed hibs"
"Skacel would walk into any EPL team"
"Hearts are one of the biggest fanbases in the UK"
"5-1 sent shock waves around the world"
"Its inevitable that we will win the league especially with rangers out"


Believe me I could go on all day with more utterly ridiculous quotes from yams, my stomach hurts too much from laughing though! If you fancy more laughs just check out @thereal_romanov on twitter, the utter garbage he sprouts is hilarious, the guy is the height of cringeworthy and deeply deeply obsessed with hibs. Every 5 minutes its "oh but but shut up hobos, but but 5-1 eh 1902"

If FoH bid was accepted, what would fan ownership actually mean? Has their been any good examples of when fan owned clubs have been successfull?

Sorry if this has been covered, it's a big thread and don't have time to read through it all :greengrin

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Originally Posted by NumberSeven

If FoH bid was accepted, what would fan ownership actually mean? Has their been any good examples of when fan owned clubs have been successfull?

Sorry if this has been covered, it's a big thread and don't have time to read through it all :greengrin

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Barcelona? Albeit on a less grand scale than the yams propose.

Sit by the banks of the river long enough and you will see the bodies of your enemies float by!

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Originally Posted by BarneyK

Barcelona? Albeit on a less grand scale than the yams propose.

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Correct me if I am wrong, but I believe that Barcelona have massive debts.

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Originally Posted by Seveno

Correct me if I am wrong, but I believe that Barcelona have massive debts.

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Depends how you define successful of course.

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Originally Posted by Makaveli

Even tonight, they're still saying things like "we don't need to sell" and "we currently have no cashflow problems."

This is a club bumming coppers off Selkirk; a club who couldn't afford to pay for their own transport to Leigh; a club who could very well cease to exist in the coming days/weeks.

Surely the roasters owe it to themselves :greengrin to take this all a bit more seriously.

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The delusion is staggering. I read a post on KB saying that the best they could hope for next season was 8th or 9th place then a great leap the following season to challenge for 1st. This premise was heavily endorsed by many others.

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Originally Posted by Jim44

The delusion is staggering. I read a post on KB saying that the best they could hope for next season was 8th or 9th place then a great leap the following season to challenge for 1st. This premise was heavily endorsed by many others.

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I used to take their delusions as a joke. These days I just think they're sick.

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Originally Posted by Jim44

The delusion is staggering. I read a post on KB saying that the best they could hope for next season was 8th or 9th place then a great leap the following season to challenge for 1st. This premise was heavily endorsed by many others.

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They could be right with the second bit, although The Rangers will make it tough and they'll defo need to sack Golden Gary ...

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Originally Posted by Jim44

The delusion is staggering. I read a post on KB saying that the best they could hope for next season was 8th or 9th place then a great leap the following season to challenge for 1st. This premise was heavily endorsed by many others.

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That Murray from FoH seems to think the same, scrape a place in the Premiership next year and then the future is bright. How that suddenly becomes the case I'm not sure.

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Originally Posted by BarneyK

Barcelona? Albeit on a less grand scale than the yams propose.

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Pfft Barcelona just another "wee team" compared to the giant "big team" that is hearts don't you know. . .

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Originally Posted by Seveno

Correct me if I am wrong, but I believe that Barcelona have massive debts.

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But unlike the Jambos they have massive revenue streams through sponsorship, TV money and 90,000 season ticket sales that can service and pay down the debt.

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Originally Posted by desantos0773

But unlike the Jambos they have massive revenue streams through sponsorship, TV money and 90,000 season ticket sales that can service and pay down the debt.

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90,000?

That's not even a quarter of what Hearts will bring every other week to Tynecastle next season. Every game is going to be like a cup final mind....

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Originally Posted by NumberSeven

Honestly, some of the things that the hearts fans have sprouted over the years has been beyond hilarious, my jambo mates have given me some brilliant side splitters over the years. Let me share their comedy with you, heres a few of my all time favourite "

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The most ludicrous quote of them all is "My Jambo mates" why would anyone befriend any of those inbreds.

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Originally Posted by Hibercelona

I used to take their delusions as a joke. These days I just think they're sick.

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Agreed. Its very hard to imagine that someone who is not seriously mentally impaired would believe Vlads lies and come up with the utterly ridiculous delusions they have.

On keekback they are all kissing each others ***** going on about how their "wonderful fans" will save the club. Wonderful eh? They have allowed this too happen, happy to go along with Vlads fantasy world based on utter lies instead. Amazed by their lack of protest and fight tbh and astonishingly, despite the utter **** hole they are in they still believe all is rosey and still giving it the Big in "we are the big team" "5-1" "We will soon be debt free and challenging for the league".

Never come across such a ridiculous, pathetic set of supporters.