#allisbarry at it again - Yams accounts

**portycabbage** · 15-12-2014 07:23 PM

Originally Posted by The Falcon

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And it included £34,048.43 to the Big Hearts Community trust.

But it was "primarily" the Bank or Romanov, so that's fine then Baz. All is well.

The money in romanov's bank and other companies didn't belong to him either - it was effectively money from ordinary people's bank accounts and pensions which was lost IIRC.

***bigwheel*** · 15-12-2014 07:26 PM

Originally Posted by Hexham Hibee

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EEN report by Bando "The accounts show more than £27 million of debt was written off as a result of the CVA. It was primarily bank debt and debt to companies owned and controlled by Romanov."

Not a mention of the £millions the Yams owed HMRC (ie you and me) that was also written off. Selective amnesia, re-writing history? Blame Johnny foreigner, it was nothing to do with us.

And ignoring the fact that was money stolen from the Lithuanian people ...

***bigwheel*** · 15-12-2014 07:26 PM

Originally Posted by portycabbage

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The money in romanov's bank and other companies didn't belong to him either - it was effectively money from ordinary people's bank accounts and pensions which was lost IIRC.

Amen. Very important point

***CropleyWasGod*** · 15-12-2014 07:41 PM

Originally Posted by weonlywon6-2

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I noticed Ann budge saying that they need the fans money from direct debits or they would be making a loss,is that not worrying ????

A tad.

But then, in theory their income in the top league should be higher than it is just now.

**NadeAteMyLunch!** · 15-12-2014 07:49 PM

They are just utter filth

**weonlywon6-2** · 15-12-2014 07:53 PM

Originally Posted by CropleyWasGod

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A tad.

But then, in theory their income in the top league should be higher than it is just now.

yeah possibly but not a lot in it I would have thought

**Hibby Bairn** · 15-12-2014 07:59 PM

Originally Posted by EskbankHibby

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Lot of creditors under £1000 there including -

British Red Cross
Lady Haig's Poppy Factory
McCraes Battalion Trust
Meriden Hospital
NHS Lothian
NHS Fife
St Andrews First Aid

Scottish Ambulance Service and Scottish Police a bit more than £1000.

If I'm honest I'm a bit surprised that such a newly righteous club or group of fans like HMFC have chosen not to reimburse all of these organisations.

Of course I do wonder why any reasonable and decent organisation would owe ANY money to these types of creditors. Especially when paying enormous wages to footballers at the same time to try and gain a sporting advantage.

Lest they forget - breathtaking hypocrisy.

I think they did repay the "smaller" creditors.

**EastCalderHibby** · 15-12-2014 08:03 PM

Originally Posted by NadeAteMyLunch!

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They are just utter filth

absolutely the **** of the earth

***CropleyWasGod*** · 15-12-2014 08:05 PM

Originally Posted by Tory Hibby

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I think they did repay the "smaller" creditors.

Wouldn't be allowed to.

***EskbankHibby*** · 15-12-2014 08:09 PM

Originally Posted by Tory Hibby

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I think they did repay the "smaller" creditors.

Did they?

I had heard that one fan was embarrassed into stumping up the cash for McCraes or the poppy charity.

If they have reimbursed any of there enormous list of creditors I would expect a bit of a fanfare about it, it's the hearts way.

Like Budge pointing out they had settled all their footballing debt which is basically what they HAD to do.

Surprised we don't get monthly website updates regarding prompt payment of utility bills.

***EskbankHibby*** · 15-12-2014 08:14 PM

Originally Posted by CropleyWasGod

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Wouldn't be allowed to.

Indeed CWG, is it not the case that the 'club' can't pay but a concerned group of self righteous fans could donate to these creditors?

I think I had read about a group of Rangers fans who set about paying any club creditors under £5k. I may have made that up though.

***CropleyWasGod*** · 15-12-2014 08:16 PM

Originally Posted by EskbankHibby

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Indeed CWG, is it not the case that the 'club' can't pay but a concerned group of self righteous fans could donate to these creditors?

I think I had read about a group of Rangers fans who set about paying any club creditors under £5k. I may have made that up though.

Yep, that's right.

Think we would have heard about it had it happened in Hearts case.

***Danderhall Hibs*** · 15-12-2014 08:21 PM

Farmer repaid the poppy debt, didn't he?

**Swedish hibee** · 15-12-2014 08:46 PM

All they will ever be to me is a Rancid cheating vile club.

**Crazyhorse** · 15-12-2014 08:52 PM

Originally Posted by bigwheel

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And ignoring the fact that was money stolen from the Lithuanian people ...

Lithuanians are not to be confused with human beings who suffer for Banderson and his ****bo pals.

**Pete** · 15-12-2014 08:59 PM

Originally Posted by Mikey

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Here ye go.......

Attachment 13860

5-1 etc was worth it they say. Maybe the should ask the poor sods in that list if it was worth it.

To be fair they seemed to have learned their lesson and are cutting their cloth unlike Sevco. Managers on £750k and losses of £8m a year are utterly disgusting after a insolvency event.

***greenginger*** · 15-12-2014 09:03 PM

Originally Posted by CropleyWasGod

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Yep, that's right.

Think we would have heard about it had it happened in Hearts case.

I think Bryan Jackson found them a way out of their embarrassment with the Big Hearts charity debt.

Big Hearts used a couple of rooms above the club shop so Jackson created a rent charge for that use equivilent to what HOMFC owed the charity. Result, debt wiped out.

The fact that HOMFC were leasing the property from our council, and not paying them the rent due is neither here nor there.

That's just the way Yams way of business.

**mca** · 15-12-2014 09:12 PM

Originally Posted by Danderhall Hibs

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Farmer repaid the poppy debt, didn't he?

The hrts Poppy Debt was Paid by a hrts fan.. from what I read somewhere ??

***Bostonhibby*** · 15-12-2014 09:13 PM

Originally Posted by greenginger

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I think Bryan Jackson found them a way out of their embarrassment with the Big Hearts charity debt.

Big Hearts used a couple of rooms above the club shop so Jackson created a rent charge for that use equivilent to what HOMFC owed the charity. Result, debt wiped out.

The fact that HOMFC were leasing the property from our council, and not paying them the rent due is neither here nor there.

That's just the way Yams way of business.

ah, dodgy retrospective accounting...........and renting out something they hadn't paid for.

Still cannae get away from the fact they had to publish the list at the time they did - if they had a fiddle to cover the likes of this swindle up in place before hand there is no doubt they'd have done it and kept it off their list.

The list of shame.

***greenginger*** · 15-12-2014 09:16 PM

Originally Posted by Bostonhibby

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ah, dodgy retrospective accounting...........and renting out something they hadn't paid for.

Still cannae get away from the fact they had to publish the list at the time they did - if they had a fiddle to cover the likes of this swindle up in place before hand there is no doubt they'd have done it and kept it off their list.

The list of shame.

I think the Big Hearts debt was missing from the final creditors list published in January 2014. Can't find a copy of it to be 100% certain.

***weecounty hibby*** · 15-12-2014 09:33 PM

****ing ****my, lowdown, filth. No better than the lowlifes who break onto old folks houses or mug pensioners on pension day. Makes me so angry that people were stiffed to make a football club look bigger and more successful than they actually are. Also makes me angry that our press let them off the hook and actually now big them up.
As for their fans.....self righteous hard of thinking sheep who are mostly afraid to admit the truth to themselves
I ****ing hate them. And before someone says hate is too strong. NO ITS NOT, NOT WHEN ITS THEM!!!

***Bostonhibby*** · 15-12-2014 09:35 PM

Originally Posted by greenginger

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I think the Big Hearts debt was missing from the final creditors list published in January 2014. Can't find a copy of it to be 100% certain.

You could be right, but I am very happy with the list they had to publish first.

Annoys the hell out of my family yam who basically has no way around it.

***lapsedhibee*** · 15-12-2014 09:36 PM

Originally Posted by mca

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The hrts Poppy Debt was Paid by a hrts fan.. from what I read somewhere ??

Just a front. Farmer paid.

***EH6 Hibby*** · 15-12-2014 09:41 PM

Have the Share Certificates been sent out yet?

**Kaff** · 15-12-2014 10:18 PM

Originally Posted by weonlywon6-2

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I noticed Ann budge saying that they need the fans money from direct debits or they would be making a loss,is that not worrying ????

http://www.hibs.net/showthread.php?2...budget-2014-15

I started a thread kind of questioning this but moreso trying to start a debate on the fact their budget must be higher than ours.
Someone said on a thread they questioned Stubbs' effectiveness by stating we should be better as we had 7 players from last season in our starting XI whilst they had 7 new players, the alternative argument is that their larger budget has allowed them to change more of their flops who were poor enough to get relegated than we were able to do. Is this because they have a large number of pledgers and would they still have so many after a poor run of form? It's not a great model and they also state in the article i have highlighted that they have 'almost' cleared the football debt, we could do a lot of damage in the Ne'er Day game!

**Mikey09** · 15-12-2014 10:28 PM

And whatever happened to the SFA investigation into David Southerns shenanigans. Lying to said SFA re the yams being "self sufficient." As well as the illegal share issue?

***matty_f*** · 15-12-2014 10:34 PM

Originally Posted by lapsedhibee

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Just a front. Farmer paid.

I thought this was already fairly well known.

***jacomo*** · 15-12-2014 10:49 PM

Originally Posted by Waxy

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Its Hearts payday tomorrow.Or is it?

Good times.

***greenginger*** · 15-12-2014 11:15 PM

Originally Posted by Kaff

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http://www.hibs.net/showthread.php?2...budget-2014-15

I started a thread kind of questioning this but moreso trying to start a debate on the fact their budget must be higher than ours.
Someone said on a thread they questioned Stubbs' effectiveness by stating we should be better as we had 7 players from last season in our starting XI whilst they had 7 new players, the alternative argument is that their larger budget has allowed them to change more of their flops who were poor enough to get relegated than we were able to do. Is this because they have a large number of pledgers and would they still have so many after a poor run of form? It's not a great model and they also state in the article i have highlighted that they have 'almost' cleared the football debt, we could do a lot of damage in the Ne'er Day game!

I count 10 new players signed by the Yams last summer.