Share Transfers Agreed/Cooling off period

[blackpoolhibs]

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https://twitter.com/bbcbmclauchlin/s...62338810998784

Thats a real shame, so they have collected the money and spent it on players they couldn't afford. Start taking the first 18 points of please.

[greenginger]

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That's assuming that Vlad has the cash to hand.

Given that UBIG haven't paid the 1200 workers at their bauxite plant for over 3 months. There's also been a run on the Ukio shares and the bank have had to take control of the Zalgiris basketball arena, for a sum that was over 3 times the cost of construction, I don't honestly think that UBIG/Vlad have money at their disposal.

I think the Bank got some development plots in Vilnius as well as the basketball arena, in fact probably the whole UBIG property portfolio (Except the PBS ). Whether it was a fair price,well the bank shares continue to plummet suggests the Market does not think so. The deal might just give Vlad a little room to borrow from the bank to bail out HOMFC if he is so inclined.

However if the Tubes over at Tynecastle do raise the £ 2 million to bail the club out, leaving Vlad still in charge with a majority share holding, then they even more stupid than I could ever imagine. Vlad will just hold them to ransom again, its the way loan sharks work.

They would be far better in the long term letting the Club crash and build from a fresh Vlad free start.

But why am I telling Yams this, get your money out now boys and girls, Robbo and Foulkes say its all Kosher.

[Stevie Reid]

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Quite right too. They've taken that money from their employees and paying customers and deprived the tax payer of it to chase a pipe dream.

Does anyone know if they'll incur penalties and interest on this amount?

Absolutely. Got an unbelievable cheek even asking for another payment plan.

[CB_NO3]

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Actually just £1.9m to find...

It will be more than that of they loose the other tax case. Its £1.7m but penalties, interest and court fees could take it upto £3m. Wages are due soon aswell.

[green glory]

https://twitter.com/bbcchrismclaug/s...63344198234112

Looking like the fans are going to have to find the 450k.

[WindyMiller]

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Actually just £1.9m to find...

Just 84,444 tickets at £22.50 then.

[greenginger]

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It will be more than that of they loose the other tax case. Its £1.7m but penalties, interest and court fees could take it upto £3m. Wages are due soon aswell.

Wages ? Thursday 15TH ? , Tax deductions, N I payments for October wages due 22nd of the month following.

It is also time our council was hitting them with a final demand for business rates and rent.


Or, do people think they have been punished enough !

[HibeeMassive]

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Chris McLaughlin‏@BBCchrismclaug Being told #Hearts fans have raised over 100k in the past 48hrs. 450k needed before end of next week to pay taxman. #BBCSport

I thought the share issue was for running costs and youth team funding, not paying off debts?

[essexhibee]

100k? They sure

They are forgetting the match day costs of policing and stewarding as well as catering to take out of that for tomorrows game. Once again, only Vlad looks to be able to save them before the 8 day period ends.

Is there any feasible way they could raise the other 350k?

[itchy07]

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Wages ? Thursday 15TH ? , Tax deductions, N I payments for October wages due 22nd of the month following.

It is also time our council was hitting them with a final demand for business rates and rent.


Or, do people think they have been punished enough !

+ the other court case over unpaid bills to Rydens and Arthur Mckays.

Now I think of it, could admins add a Debt clock to the page. One like the countdown one we've already got but the debt one just keeps rising as the wages, tax bills, interest and penalties keep increasing?

[Craig_in_Prague]

I'm also a bit confused with the 450K target.
That will settle an old debt, but what about current/recent outgoings.

the board were saying they need 2M from the fans before end of season.

If they don't get the dosh very soon, they won't see the end of the season.

lots of strange / mixed pleas.

party poppers at the ready.

[Caversham Green]

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Seemingly Fedatovs said last night at the meeting with the fans group that Vlad will be paying off the bill.

Here's a post from upthecreekback from someone who appears to attend the Important People's Meetings that some yams seem to love. He's referring to the tweet that said the tax would be paid and characteristically he's not actually telling what was said but the implication is very much that they were told the opposite from what the tweet says.

Originally poster by A Very Important Yam Fud
The person who posted this on Facebook has since admitted that he just heard this third hand from someone in passing (not someone actually at the meeting), and has been getting a hard time for it since, because the information which he placed on FB gave the wrong impression. Last night's meeting involved HMSA, HMST, FHSC and HYDC, and at the end of the meeting a statement was made on SSN, which gave an indication of where we stand.

[CB_NO3]

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I'm also a bit confused with the 450K target.
That will settle an old debt, but what about current/recent outgoings.

the board were saying they need 2M from the fans before end of season.

If they don't get the dosh very soon, they won't see the end of the season.

lots of strange / mixed pleas.

party poppers at the ready.

The way they have lied to their own fans is embarrassing and the fact that they deluded tits have lapped it up, makes it even more funny. First it was, a 'great way' of getting involved with your club. Be part of the future and all that nonsense. Your money will go to securing the 'future' of our youth academy and everyday running of the club. 3 days later, they want fans two months before xmas to give every penny they have or we might die. "This tax bill just popped out from nowhere". Sure it did. The term "you cant kid a kidder springs to mind". Now Serg is saying, there is a very small but slim chance that UBIG might help them, but it will be at a price. He has also admitted that they cant borrow anymore from UK banks so its now the fans or nothing. So far they have raised 100k but need another 350k for that one bill alone. They have 2 other small court cases against them. Wages coming up, another tax bill which could cost £3m which includes interest, penalties and court fees.

Its safe to say, they are donald ducked.

[Frazerbob]

Listening to the Hearts fans on SSN....they really have no clue what is happening at their club. There in lies the problem. They sold their soul, hook, line and sinker to a man the knew nothing about (yet plenty other clubs seemed to do their homework before they knocked him back) and now have absolutely no influence on their club.

[McPhisto2]

Latest from STV....http://sport.stv.tv/...-tax-bill-cash/

Hearts director Sergejus Fedotovas is hopeful the club could be loaned money by Vladimir Romanov to stave off the threat of liquidation.
However the club still faces a funding shortfall of around £2m to make it through the current season.

Fedotovas thanked fans, who are believed to have raised up to £100,000 in the two days since the club was served with a winding up order by Her Majesty’s Revenue and Customs.

The Tynecastle director said: “We have been speaking to Mr Romanov’s companies and we have got a good response. They will be looking at ways to help us.

“They know the situation and promise to help us out.

“If funding is made available, the club will have to pay it back again.

“The way forward for this club is with the help of fans, step by step taking more involvement in the club.”

[hibeesdude]

..and chrismclauglan on twitter just saying that SF critical of HMRC approach to current problems.Says they will not cut a deal


what really and them with such a AAA credit rating as well

[CRAZYHIBBY]

I reckon hearts will survive this as I believe its nothing more than a publicity stunt conjured up by MR Romanov

[Gatecrasher]

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Latest from STV....http://sport.stv.tv/...-tax-bill-cash/

Hearts director Sergejus Fedotovas is hopeful the club could be loaned money by Vladimir Romanov to stave off the threat of liquidation.
However the club still faces a funding shortfall of around £2m to make it through the current season.

Fedotovas thanked fans, who are believed to have raised up to £100,000 in the two days since the club was served with a winding up order by Her Majesty’s Revenue and Customs.

The Tynecastle director said: “We have been speaking to Mr Romanov’s companies and we have got a good response. They will be looking at ways to help us.

“They know the situation and promise to help us out.

“If funding is made available, the club will have to pay it back again.

“The way forward for this club is with the help of fans, step by step taking more involvement in the club.”

Borrowing Money of VR is ok because that means they would just owe it to themselves :fenlon

[GreenCastle]

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Listening to the Hearts fans on SSN....they really have no clue what is happening at their club. There in lies the problem. They sold their soul, hook, line and sinker to a man the knew nothing about (yet plenty other clubs seemed to do their homework before they knocked him back) and now have absolutely no influence on their club.

Just saw some of their fans interviewed on Sky Sports News - they really haven't a clue

The mixed messages and statements coming out the club are a shambles.

They are blindly giving money away right now to where - who knows...

IF they manage to even get anywhere near to reaching the money needed - are they thinking ahead at all about how they are going to steady the ship ? If they don't make the top 6 they would be toiling even more. It's just such a shame they have made the semi finals - hopefully we can knock them out in the Scottish and limit their funds moving forward.

In summer they have players like Grainger, Zaliukas, McGowan, Driver and Webster all out of contract. I can see McGowan being sold in January.

The playing field is becoming more level after the last few years of them paying lots more than us. As well as their wage bill their real concern is the stadium - that main stand and the future of Tynie - moving somewhere means rental costs -building a new stadium is out the picture due to costs.

They really are in MASSIVE problems and they have brought it all on themselves :fenlon short term success with no long term planning...

But keep bailing out Romanov and give your money away - just hope all of the jambos have enough money to buy xmas presents!

[ScottB]

Are they doing their training at Tynecastle now? Little clip about them on the BBC News Channel showing them running around the pitch...

[CB_NO3]

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I reckon hearts will survive this as I believe its nothing more than a publicity stunt conjured up by MR Romanov

He has nearly bankrupted 3 football teams, now not paying his basketball players on time. Not paid his factory workers in Bosnia for 3 months and his bank Ukios shares are nearly at an all time low of 2.7p. That my friend is some publicity stunt ;)

[EskbankHibby]

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..and chrismclauglan on twitter just saying that SF critical of HMRC approach to current problems.Says they will not cut a deal


what really and them with such a AAA credit rating as well

Unreal eh?

Having dealt with HMFC/Romanov many times before and probably had many failed repayment plans why the **** would HMRC agree to another one now.

They have taken PAYE/NI from their employees and not passed it on to HMRC, hell mend them.

[Moulin Yarns]

Has anybody looked at what would happen in the League if they went pop during the season?

As the table stands at the moment, based on results so far. If the Hearts results are declared null and void the table looks like this

Hibs 20
Celtc 18
St Johnstone 18
Inverness CT 17
Aberdeen 17
Motherwell 16
Dundee Utd 16
Ross County 14
Killie 12
St Mirren 9
Dundee 1

[Stevie Reid]

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Just saw some of their fans interviewed on Sky Sports News - they really haven't a clue

Some of them will genuinely do all they can to save the club, others will see putting money in as pointless as it's just delaying the inevitable, others believe that Romanov will pay again as he has paid before.

If the stupidity/arrogance/ignorance of their support is what ultimately brings them down, I can't think of a more poetic justice.

[iwasthere1972]

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Are they doing their training at Tynecastle now? Little clip about them on the BBC News Channel showing them running around the pitch...

Surprised they haven't charged the Yams £5 entry fee to watch them. An opportunity missed.

[Joy Zipper]

Sergejus Fedotovas "Hearts were trying to be a big club, and it comes at a cost"

7 mins 15 secs :-

http://m.stv.tv/sport/football/clubs...tax-bill-cash/

That cost being 138 years of history ?

[dangermouse]

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Are they doing their training at Tynecastle now? Little clip about them on the BBC News Channel showing them running around the pitch...

How does that lie with the pitch protection rules brought in by the SPL or are they running about with pitchforks

[iwasthere1972]

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Has anybody looked at what would happen in the League if they went pop during the season?

As the table stands at the moment, based on results so far. If the Hearts results are declared null and void the table looks like this

Hibs 20
Celtc 18
St Johnstone 18
Inverness CT 17
Aberdeen 17
Motherwell 16
Dundee Utd 16
Ross County 14
Killie 12
St Mirren 9
Dundee 1

What has Dundee ever done to them to deserve getting the six points deducted?

[Hiber-nation]

Whatever happened to the G10 group? Remember - that very important sounding group of very important Hearts supporters that discussed very important things to do with big teams.

[s.a.m]

Jane Lewis‏@JaneLewisSport SF: Blames HMRC for ''trying to ruin everything'' by logding petition for the tax bill.



Jane Lewis‏@JaneLewisSport
SF: He says they had an ''understanding'' - and the share issue would pay that bill.


So is he admitting here that he lied to the fans?