Share Transfers Agreed/Cooling off period

[johnrebus]

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If you wrote this as a piece of fiction folk would laugh at ye.......................


"Good morning ******


I'm sure you're being bombarded at the moment with emails full of deep concern or wonderful ideas so apologies for taking up more of your time.


I was reading through hmfckickback last night and came across a thread regarding 3/5 year season tickets. It was an idea that Hearts have worked in the past when selling 500 club schemes. To be honest I have no idea how successful or otherwise this was but it is certainly an idea I would subscribe to right now which I would find preferable to shares.


Therefore I am contacting you in an attempt to find out if such an avenue may be explored. It would involve realeasing a maximum 2,000 season tickets to be pre-paid. This would/could raise the necessary funding while leaving anywhere between 6,000 and 8,000 season ticket holders as "per season" renewals to cover season to season running costs. Bear in mind it has been well documented that the priority from now on is to compete with teams around us (ie non-Old Firm teams) while becoming self sufficient. The teams "around us" can probably only dream of 6,000-8,000 season ticket holders (with the possible exception of Aberdeen) to help with their ongoing costs. As a result this should leave Hearts well placed to invest in youth or even the odd "luxury" player that would make the difference.


My suggested prices of £1,100 for 3 years or £1,750 for 5 years is based, as stated in my post, on my Silver season ticket and in both cases works out at just under £20 per game. Bronze could be based on exactly £15 per game, meaning £855 for 3 years and £1,425 for 5 years. Gold could be based on just under £22 per game (£1,200 for 3 years and £1,950 for 5 years) and platinum at just under £25 per game (£1,350 for 3 years and £2,200 for 5 years). The prices per match are an absolute bargain, especially when taking into account probable price rises over the period, so I believe if people could get the cash together this could sell.




As you can see there are 8 categories there so if Hearts were to release 250 full price tickets in each category that would potentially realise the following:


250 x 3 year Bronze @ £855 £213,750
250 x 5 year Bronze @ £1425 £356,250
250 x 3 year Silver @ £1100 £275,000
250 x 5 year Silver @ £1750 £437,500
250 x 3 year Gold @ £1200 £300,000
250 x 5 year Gold @ £1950 £487,500
250 x 3 year Platinum @ £1350 £337,500
250 x 5 year Platinum @ £2200 £550,000




Total £2,957,500



Just stop it!

I think we should all just send them a cheque for £2,000,000.

it would be worth the bank charge.

[Hibercelona]

Own up. Who was it?


Surely they can't be in the slightest bit serious.

Then again....

[Stevie Reid]

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Own up. Who was it?


Surely they can't be in the slightest bit serious.

Then again....

I would say that the fact that even in that mail they couldn't resist having a dig at Hibs and playing the BIG team card, that it was genuine.

[truehibernian]

And still he/she couldn't resist a wee pop at Hibs by saying 'other clubs around us could only dream of having 6-8000 season tickets' - nah pal/love, we live in reality at Hibernian and have just a touch under 8000 this end of town - and have had more previously when we were doing well - so keep taking the bitterest pills - two in the morning, two at night, with food, and plenty of vino collapso

I think I said to Desperate Dan yesterday I was sympathetic towards my Jambo chums - this last 2 days has tested even my levels of compassion. I feel you could have been right all along DD.

[poolman]

A couple of snippets from the Pink Poverty squad over on Yakbak about the demise of the Huns

Oh the irony



I'd just like to make clear that I also want the tax dodging cheats kicked out of the league (and, preferably, the universe).( hear hear, it should apply to all clubs )



Not in a million years did I think it would be as much fun as it has been...and we're only on the first course! ( tables turned right round now eh )

[surreyhibbie]

That is surely a wind up!!!

[Saorsa]

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And still he/she couldn't resist a wee pop at Hibs by saying 'other clubs around us could only dream of having 6-8000 season tickets' - nah pal/love, we live in reality at Hibernian and have just a touch under 8000 this end of town - and have had more previously when we were doing well - so keep taking the bitterest pills - two in the morning, two at night, with food, and plenty of vino collapso

I think I said to Desperate Dan yesterday I was sympathetic towards my Jambo chums - this last 2 days has tested even my levels of compassion. I feel you could have been right all along DD.

[Golden Bear]

Looks like it's now possible that Vlad will LEND them the money




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

[green glory]

http://www.edinburgh-capitals.com/in...:news&Itemid=7

Well I won't be going to see them anytime soon.

[jdships]

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First off, I don't think administration will happen.

However, if it does, the short answer is "no". Administration basically protects a company from that sort of act. (Conversely, if they were of a mind to, UBIG could exercise their rights under the security and take over Tynie.... BEFORE administration happened. I don't think they have the time to do that before next week, though). So, yes, it would have to go on the open market.

In your scenario, there would be no cash left once Tynie was sold off and UBIG paid. So there couldn't be a CVA.

Which is where I came in.... I think an administrator, if one was appointed, would put the company into liquidation almost immediately.

I tend to agree with what you say above
Have resisted getting involved in this 'debate' as I know very littl/nothing about insolvency et al , however having spoken this morning with a retired CA who was involved in a number of such cases .
He reckons it all revolves round Romanov and what he intends to do if there is a shortfall in funds to meet the Tax Bill next week .
Also if R looks on HMFC as an asset will he keep it afloat in the hope of finding a buyer .

Don't know if that makes sense to the experts but agree there will be a few 'twists and turns' before we see the end of this saga .

[Springbank]

Glorious stuff. In their hour of need they have raised precisely one twentieth of what they need. Wow!

Only 95% to go (or 1.9m as its known)

[Part/Time Supporter]

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http://www.edinburgh-capitals.com/in...:news&Itemid=7

Well I won't be going to see them anytime soon.

It's quite a clever idea. Hooks in some Jambos at a discounted rate, when they may have some leisure time to fill in the near future...

[CropleyWasGod]

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I tend to agree with what you say above
Have resisted getting involved in this 'debate' as I know very littl/nothing about insolvency et al , however having spoken this morning with a retired CA who was involved in a number of such cases .
He reckons it all revolves round Romanov and what he intends to do if there is a shortfall in funds to meet the Tax Bill next week .
Also if R looks on HMFC as an asset will he keep it afloat in the hope of finding a buyer .

Don't know if that makes sense to the experts but agree there will be a few 'twists and turns' before we see the end of this saga .

If there is a shortfall, what Romanov intends to do is of little consequence. The winding-up order will be granted.

[NOLA]

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If there is a shortfall, what Romanov intends to do is of little consequence. The winding-up order will be granted.

is that mr potato head in your avatar?

[jgl07]

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http://www.edinburgh-capitals.com/in...:news&Itemid=7

Well I won't be going to see them anytime soon.

They did a similar deal with Edinburgh Monarchs speedway team some time back.

They would probably do the same with Hibs, Livingston or any other team.

[CropleyWasGod]

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is that mr potato head in your avatar?

Yup and, just like HMFC, he's had his chips.

[mglancy23]

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http://www.edinburgh-capitals.com/in...:news&Itemid=7

Well I won't be going to see them anytime soon.

Pretty poor from the caps to be honest, i understand the 25% discount to try and get supporters if hearts go bust but give them a donation! I hope they do the same next week for the Hibs? its only fair

am not going this weekend out of protest! Hearts Problems are hearts problems no one elses

[itchy07]

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http://www.edinburgh-capitals.com/in...:news&Itemid=7

Well I won't be going to see them anytime soon.

So what they're saying is spend £15 at the ice hockey and they'll give Hertz £3.75? Don't want to give them ideas, but wouldn't of been better just to give hertz yer £15??

[hibees 7062]

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I think we should all just send them a cheque for £2,000,000.

it would be worth the bank charge.

Im in , lets all do that

[iwasthere1972]

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If you wrote this as a piece of fiction folk would laugh at ye.......................


"Good morning ******


I'm sure you're being bombarded at the moment with emails full of deep concern or wonderful ideas so apologies for taking up more of your time.


I was reading through hmfckickback last night and came across a thread regarding 3/5 year season tickets. It was an idea that Hearts have worked in the past when selling 500 club schemes. To be honest I have no idea how successful or otherwise this was but it is certainly an idea I would subscribe to right now which I would find preferable to shares.


Therefore I am contacting you in an attempt to find out if such an avenue may be explored. It would involve realeasing a maximum 2,000 season tickets to be pre-paid. This would/could raise the necessary funding while leaving anywhere between 6,000 and 8,000 season ticket holders as "per season" renewals to cover season to season running costs. Bear in mind it has been well documented that the priority from now on is to compete with teams around us (ie non-Old Firm teams) while becoming self sufficient. The teams "around us" can probably only dream of 6,000-8,000 season ticket holders (with the possible exception of Aberdeen) to help with their ongoing costs. As a result this should leave Hearts well placed to invest in youth or even the odd "luxury" player that would make the difference.


My suggested prices of £1,100 for 3 years or £1,750 for 5 years is based, as stated in my post, on my Silver season ticket and in both cases works out at just under £20 per game. Bronze could be based on exactly £15 per game, meaning £855 for 3 years and £1,425 for 5 years. Gold could be based on just under £22 per game (£1,200 for 3 years and £1,950 for 5 years) and platinum at just under £25 per game (£1,350 for 3 years and £2,200 for 5 years). The prices per match are an absolute bargain, especially when taking into account probable price rises over the period, so I believe if people could get the cash together this could sell.




As you can see there are 8 categories there so if Hearts were to release 250 full price tickets in each category that would potentially realise the following:


250 x 3 year Bronze @ £855 £213,750
250 x 5 year Bronze @ £1425 £356,250
250 x 3 year Silver @ £1100 £275,000
250 x 5 year Silver @ £1750 £437,500
250 x 3 year Gold @ £1200 £300,000
250 x 5 year Gold @ £1950 £487,500
250 x 3 year Platinum @ £1350 £337,500
250 x 5 year Platinum @ £2200 £550,000




Total £2,957,500



Just stop it!

Just when you didn't think that Vlad would stoop so low he goes and infiltrates yessiricanbendover.com

[green glory]

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So what they're saying is spend £15 at the ice hockey and they'll give Hertz £3.75? Don't want to give them ideas, but wouldn't of been better just to give hertz yer £15??

That's yamanomics!

[Peevemor]

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I tend to agree with what you say above
Have resisted getting involved in this 'debate' as I know very littl/nothing about insolvency et al , however having spoken this morning with a retired CA who was involved in a number of such cases .
He reckons it all revolves round Romanov and what he intends to do if there is a shortfall in funds to meet the Tax Bill next week .
Also if R looks on HMFC as an asset will he keep it afloat in the hope of finding a buyer .

Don't know if that makes sense to the experts but agree there will be a few 'twists and turns' before we see the end of this saga .

The problem with Vlad keeping them going in the hope of finding a buyer is that the club currently has no money but requires £500k+ per month to keep going. Given what he's already done to other clubs, it really wouldn't surprise me if he just cut his losses (once he's finished fleecing the merricks of course).

[Seveno]

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Can we have this on a banner for the SC game ?

Stick it on a plaque at the East Stand.

[jacomo]

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Looks like it's now possible that Vlad will LEND them the money




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

In other words, it has been a bluff?

[hibees 7062]

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Stick it on a plaque at the East Stand.

Or the advertising board outside the ground

[Golden Bear]

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In other words, it has been a bluff?

There's a few "could", "ifs" and "perhaps in Fedotovas's statement so I guess he knows as much as the rest of us.

He's just a mouthpiece and the mad puppateer is pulling the strings.

[greenginger]

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In other words, it has been a bluff?

Do they not know HMRC will hit them with another winding up order when next this month's tax bill is not paid. If all their season ticket money has gone they cannot possibly survive on walk up gate receipts, merchandice , and other incidental payments until the end of the season.

Bad timing to make that announcement I think. The Merricks will now consider themselves saved and blow their share monies getting slaughtered in their Gorgie Slums.

[Dashing Bob S]

It wasn't an easy day back in May, but this really is the gift that keeps on giving. My Jambo neighbour won't even answer the door to me. Mind you, it's the first time in months i've called on him.

[WindyMiller]

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It wasn't an easy day back in May, but this really is the gift that keeps on giving. My Jambo neighbour won't even answer the door to me. Mind you, it's the first time in months i've called on him.

Maybe you need to take of the Hector mask, Bob?

[alexedwards]

According to SSN Vlad will pay the 450k. For reasons given before he will not let that club die.