Share Transfers Agreed/Cooling off period

[marinello59]

Good riddance to them. No sympathy at all. Who is the wee team now?

[Mikey]

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Good riddance to them. No sympathy at all. Who is the wee team now?

Hibs are the wee team. And the middle team, and the big team.

Hibs are the ONLY team

[Gatecrasher]

Get it roond ye's

[Peevemor]

Wow. That is quite a remarkable statement and credit to the club for being so frank.

This really needs the "collective" of Edinburgh businessmen to come good.
Shares aside - Hearts need someone to loan/guarantee about £2.5mill till the club shifts the high earners - time to start negotiating.

Oh ma sides!

[Mikey]

Has Kickback closed the curtains yet?

[clerriehibs]

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@BarryAnderson_8: #Hearts say there is a real risk Heart of Midlothian Football Club could play its last game next Saturday, 17 November, against St Mirren.

It's funny as but probably just another lie to wring a few more quid out of the fuddlies. Or is that fiddlies ...

[The_Sauz]

Hearts new Promotional Share song

[jgl07]

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Only a few bookmakers are giving bets on Hearts to be relagated.

http://www.statto.com/football/odds/...gue/relegation

They can't be relegated if they go bust mid-season. Isuppose if Vlad put them into administration, the SPL may be persuaded to financially prop up a rump Hearts squad until the end of the season as they did with Gretna.

That would make little sense to Vlad given the cost of administration draining away the few assets Hearts have. It looks like straight to liquidation unless UBIG can come up with the cash.

[Sergey]

Some Yam Roaster wrote:

Donald Trump has proved time and time again he is the natural successor to Vlad and should be approached immediately !

[lyonhibs]

Beautiful. Like a threesome in an infinity pool on the top of Table Mountain. Only better.

GIRFUY you deluded Jambo pricks. If this comes to its natural, sticky conclusion, I'll feel a - fleeting - pang of sympathy for a good few mates who are decent blokes who support Hearts just like we support Hibs, but too many of them have bought into this Big Team *****e and rabbit on about the Scottish Cup like it means anything when placed alongside the appalling financial mess they have blindly let themselves get into.

[Billy Whizz]

In summary
Not paid their tax and NI for whatever the period they are being charged with -£450k
Probably haven't paid their tax and NI for the period after it and upto date - £200k
Probably paid their players illegally, hence the £1.7m HMRC tax case - £1.7million
Owe lots of local little businesses for their work done - £50k
Approx Total - £2.35m
Amounts to CHEATING like SEVCO

Have I missed anything?

[MacBean]

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They can't be relegated if they go bust mid-season. Isuppose if Vlad put them into administration, the SPL may be persuaded to financially prop up a rump Hearts squad until the end of the season as they did with Gretna.

That would make little sense to Vlad given the cost of administration draining away the few assets Hearts have. It looks like straight to liquidation unless UBIG can come up with the cash.

Vlad as the main secured creditor may decide Administration is the best shout to cut his losses

[Part/Time Supporter]

I don't know what you're all getting so excited about.

If each of their 400,000 fans puts in £1.20 each, they would clear the tax bill and have £30,000 left over.

[Chuck Rhoades]

Cannae wait for the game on Sunday:pfgwa

[Baldy Foghorn]

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I don't know what you're all getting so excited about.

If each of their 400,000 fans puts in £1.20 each, they would clear the tax bill and have £30,000 left over.

Stop spoling our fun PTS.....

[Hovehibby]

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http://www.heartsfc.co.uk/articles/2...241384_2973347

This is AMAZING.

Ouch!!!!!

[Sergey]

A rather interesting quote from Kickback which could be the final nail in their coffin if true:

A poster on here said HMRC would not accept a payment plan in relation to the case before the tax tribunal if liability attached.

Hearts have no chance in hell of agreeing repayment instalments in respect of this sum.

This is bleedin' utopia.

[TrinityHibs]

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In summary
Not paid their tax and NI for whatever the period they are being charged with -£450k
Probably haven't paid their tax and NI for the period after it and upto date - £200k
Probably paid their players illegally, hence the £1.7m HMRC tax case - £1.7million
Owe lots of local little businesses for their work done - £50k
Approx Total - £2.35m
Amounts to CHEATING like SEVCO

Have I missed anything?

Think you might have missed the interest and fine for non payment but I can think of 3 other posters who will put me right on this

[jacomo]

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Has Kickback closed the curtains yet?

Nope, you can still have a look in... they're managing to drum up some support:

Christ. No half measures now, pumping a grand in tomorrow. **** Romanov.

Assuming this is real, they only need another 1,789 fans to do likewise and they'll be able to settle the outstanding debt with HMRC.

Then there's the £400k or so needed to get rid of the winding-up order.

Then there's cash needed to keep going til January, and hope they can get rid of half their squad to bring the wage bill down.

Good luck Yams!

[matty_f]

It must be some cause for alarm, too, that they've had to wheel out the former players and make pleading statements on their website already, before the share offer is even closed? That money won't even come close to lasting them the season now.

Ach well, you reap what you sow.

[BroxburnHibee]

Cheating *******s getting everything they deserve

[SuperTortolano]

That'll be us through to the next round of the cup!

[tomhorn]

Its coming home to roost now for the cheating tramps.
Hahahahah.

[Benny Brazil]

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The 17th of November is my birthday. Good there possibly be a better birthday present that Hearts going under?

I,sir, will quite happily buy you a few drinks to help celebrate!!

[blackpoolhibs]

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I wouldn't put a lot on a bet like that at this stage. Most specifically say "finish bottom", not "relegated" and they won't finish bottom if they don't exist.

I'd have thought going out of business would automatically place them bottom of the league, even though the would not finish their fixtures?

[Hovehibby]

Scottish Cup 4th round revised draw

Hibernian v BYE

[Baldy Foghorn]

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It must be some cause for alarm, too, that they've had to wheel out the former players and make pleading statements on their website already, before the share offer is even closed? That money won't even come close to lasting them the season now.

Ach well, you reap what you sow.

Looking forward to the next LWT Big Issues meeting.....

[jacomo]

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Scottish Cup 4th round revised draw

Hibernian v BYE

I'm definitely buying a ticket for that.

[Baldy Foghorn]

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Scottish Cup 4th round revised draw

Hibernian v BYE

Lets have a massive party at ER instead.....

[blackpoolhibs]

I have amended that for you.

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Scottish Cup 4th round revised draw

Hibernian v BYE BYE