Share Transfers Agreed/Cooling off period

[Franck Stanton]

So, Mad Vlad rides to the rescue with chequebook in hand to pay the tax-bill. Did anyone really think he wouldn't ? Given his history, it is just like him to pay up at the last minute possible. Be interesting to see what happens with the players wages which are due soon, - pay up and avoid any further sanctions , OR dont pay [on time] and incur further sanctions from SFA - points deduction ? In any case what happens about the massive tax bill ? They are just delaying the innevitable. Long slow dragged out death.

[Saorsa]

This quote is hidden because you are ignoring this member. Show Quote

So, Mad Vlad rides to the rescue with chequebook in hand to pay the tax-bill. Did anyone really think he wouldn't ? Given his history, it is just like him to pay up at the last minute possible. Be interesting to see what happens with the players wages which are due soon, - pay up and avoid any further sanctions , OR dont pay [on time] and incur further sanctions from SFA - points deduction ? In any case what happens about the massive tax bill ? They are just delaying the innevitable. Long slow dragged out death.

Has he? That's no what I read.

[Golden Bear]

This quote is hidden because you are ignoring this member. Show Quote

http://www.nasdaqomxbaltic.com/marke...0102352&list=2


Ukio Bankas share price down 7.19% today.

The End is Near.

[Makalambay]

Who is this legendary financial advisor on SSN commenting on the Hearts situation wearing a green tie?!

[Devonhibs]

[ATTACH=CONFIG]8841[/ATTACH

Hiya Jambos, not long now

[CyberSauzee]

Talk about obfuscation! No mention of £450k needed for next Friday.


http://www.heartsfc.co.uk/articles/2...41384_2975776?

Share and tickets update

09.11.2012
Hearts have today moved to clarify certain information that has been reported by the media.

The £2 million figure that has been quoted in various news outlets as being the amount required to supplement club revenue and keep the club afloat is, whilst desirable, a worst-case scenario amount. Every effort is being made by the board and club to increase revenues and raise a maximum amount of funds, and that is being complimented by the incredible fundraising efforts of Hearts supporters everywhere.

Every pound raised by the club will be used for the benefit of the club.

Supporters are reminded that the best way to play their part in helping to secure the future of the club is to purchase shares through the Share Offer. Supporters who purchase shares should know that cash sales will see the club take possession of the money up to a week faster than any other method.

Those supporters who wish to purchase shares but logistically cannot should remember that they can in fact still conclude the deal by downloading the application online, filling it properly and sending by post together with the payment from the bank or cheque. Supporters may also contribute via a donation to the club. Those fans should phone 0131 220 7280 and a member of staff will process your donation and field any enquiries.

The club would welcome the efforts of those who can purchase shares, and matchday tickets for the upcoming St Mirren, Celtic and Aberdeen matches, and would urge them to take advantage of the extended Ticket Centre opening hours on offer this weekend.

[Ozyhibby]

Why is everyone saying Vlad is paying the bill? I've not seen that reported anywhere?

[Steve20]

This quote is hidden because you are ignoring this member. Show Quote

Why is everyone saying Vlad is paying the bill? I've not seen that reported anywhere?

It was on Sky Sports News earlier.

[God Petrie]

What would happen to the cash they raise if they fail to raise the £450k required? Has any of those clowns even asked the question?

[matty_f]

It's not for a tax bill, well...not that tax bill. It's for the one we didn't know about. Well, we did know about it. But don't ask questions. It's for the tax bill. (it's not).

We desperately need £1.8m. It's £2m. Desperately. No, it's worst case. Vlad won't pay, Vlad might pay, we have to pay it back, it'll be a minor miracle if Vlad pays.

Lying b******* . What an utter shambles. No shame either. Lied to the fans in the share brochure and are still lying now.

[Craig_in_Prague]

This quote is hidden because you are ignoring this member. Show Quote

It was on Sky Sports News earlier.

they show it on the bottom info bar, but nothing from Hearts or reporters have confirmed this... merely that Vlads empire will help if they can (maybe a loan) nothing clear cut at all imo.

[Part/Time Supporter]

This quote is hidden because you are ignoring this member. Show Quote

Why is everyone saying Vlad is paying the bill? I've not seen that reported anywhere?

They're exaggerating what Fedotovas said earlier.

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

“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.”

They're considering whether to loan further money to pay the tax bill. They haven't done it or even promised to do it.

[Golden Bear]

This quote is hidden because you are ignoring this member. Show Quote

they show it on the bottom info bar, but nothing from Hearts or reporters have confirmed this... merely that Vlads empire will help if they can (maybe a loan) nothing clear cut at all imo.

See link below ---------- but there is absolutely nothing conclusive in that statement.

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

[The_Sauz]

This quote is hidden because you are ignoring this member. Show Quote

Talk about obfuscation! No mention of £450k needed for next Friday.


http://www.heartsfc.co.uk/articles/2...41384_2975776?

Supporters are reminded that the best way to play their part in helping to secure the future of the club is to purchase shares through the Share Offer. Supporters who purchase shares should know that cash sales will see the club take possession of the money up to a week faster than any other method.

Would they have to declare any cash deposits to the tax/VAT man

[WindyMiller]

This quote is hidden because you are ignoring this member. Show Quote

http://www.nasdaqomxbaltic.com/marke...0102352&list=2


Ukio Bankas share price down 7.19% today.

The End is Near.

The figures for the past 6 months are frightening.

[Seveno]

This quote is hidden because you are ignoring this member. Show Quote

Talk about obfuscation! No mention of £450k needed for next Friday.


http://www.heartsfc.co.uk/articles/2...41384_2975776?

Sounds like they know the share issue is going to be a flop and are trying to screw their fans by different methods.

[Craig_in_Prague]

This quote is hidden because you are ignoring this member. Show Quote

See link below ---------- but there is absolutely nothing conclusive in that statement.

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

yes.. lots of IFs, Coulds and Hope.

nothing to suggest why SSN should make it look so clear cut.

[silverhibee]

This quote is hidden because you are ignoring this member. Show Quote

People are hearing what they want to hear, even Hibs fans.

He's deid.

[Seveno]

This quote is hidden because you are ignoring this member. Show Quote

The figures for the past 6 months are frightening.

'frightening' ? I would humbly suggest that 'hilarious' is a more appropriate word.

[#FromTheCapital]

This quote is hidden because you are ignoring this member. Show Quote

It was on Sky Sports News earlier.

Yes but what is the source behind this report? Looks like it could just be their interpretation of what fedetovas said earlier that he might pay it.

It's just delaying the inevitable anyway. At the end of the day hearts are ****ed.

[silverhibee]

This quote is hidden because you are ignoring this member. Show Quote

So, Mad Vlad rides to the rescue with chequebook in hand to pay the tax-bill. Did anyone really think he wouldn't ? Given his history, it is just like him to pay up at the last minute possible. Be interesting to see what happens with the players wages which are due soon, - pay up and avoid any further sanctions , OR dont pay [on time] and incur further sanctions from SFA - points deduction ? In any case what happens about the massive tax bill ? They are just delaying the innevitable. Long slow dragged out death.

When did this happen.

So far the mad one has said nothing about paying it.

Just a puppet sent over from Lithland to tell more porkies.

[CallumLaidlaw]

After the report that SSN said Romanov was paying up, SSN had Jim white interviewing a financial expert who was asked why does Romanov not just pay it himself. The answer was, Romanov probably doesn't have it.
BBC Scotland now talking about it and absolutely no mention of the bill being paid. Just soundbites from fedatovas's earlier interview.

[Twa Cairpets]

This quote is hidden because you are ignoring this member. Show Quote

09.11.2012
Hearts have today moved to clarify certain information that has been reported by the media.

The £2 million figure that has been quoted in various news outlets as being the amount required to supplement club revenue and keep the club afloat is, whilst desirable, a worst-case scenario amount...

Now, I am not an accountant, but:

£450,000 outstanding tax bill
£1,750,000 pending tax bill
£1,790,000 claimed as being what the share issue needed to raise

All added together is £3,990,000, which is the double of a worse case scenario. That's the problem when you lie, you forget what you've said.

But at least the bake sale is happening, so they'll be fine

[Kato]

This quote is hidden because you are ignoring this member. Show Quote

What is astonishing and everyone seems to be missing is that this £450K cash isn't debt of money they've overspent, it never was their cash in the first place, it was the exchequers. Vlad, if he does condescend to pay this "debt" is only doing what every f****** business in the country must do - pay their dues. This has got nowt to do with their squad size or overspend, its the governments money. If they've been spending it to service other debts or running costs, they're rooked. For Vlad to say "I might pay, but its a loan that I want back" beggars belief. It. Wasn't. Your. Money. You. Insane. Fruitbat

I also find the pleading of Hearts and their mouthpieces reprehensible, immoral and disgusting. "Pay our taxes for us or you'll not have a team" is the most brazen illustration of the fact that Hearts, if nothing else, understand that their customer base defines the phrase "mug punters" like nothing else. It's exactly like a Nigerian 419 scam - just give us a little bit more and we'll get your money to you, its all OK, just need a bit more, then a bit more.

Any Hearts fan - even the alleged good guys that are out there - who puts a bean into any rescue scheme, share issue or collection pot deserves all they get.

According Fedotas they are an "institution" which means they should be shown leniency when it comes to humdrum things like paying your dues. Which is the exact opposite to what they said regarding Rangers.

Hypocrites.

[jacomo]

This quote is hidden because you are ignoring this member. Show Quote

Talk about obfuscation! No mention of £450k needed for next Friday.


http://www.heartsfc.co.uk/articles/2...41384_2975776?

Those supporters who wish to purchase shares but logistically cannot should remember that they can in fact still conclude the deal by downloading the application online, filling it properly and sending by post together with the payment from the bank or cheque. Supporters may also contribute via a donation to the club. Those fans should phone 0131 220 7280 and a member of staff will process your donation and field any enquiries.

Do Yams need help to fill in a form? Or have some people been submitting applications under made-up names?

[Kaiser1962]

FWIW even if Vlad does pay the tax bill its very much a short term fix and dont see how it really helps the overall picture. Vlad is merely paying back money (tax money at that) that Hearts have already collected and spent elsewhere. They are due in court again next week and we are almost half way through the third tax quarter with wages due again in a week.

If Vlad had any sense he would hive of the PBS now and leave them to their own devices and, IMO, its the fact that the Yams still own the PBS and he would lose control of it should any winding up order be ratified. If the PBS was safe I dont think he would even consider helping them, if that is what he intend to do.

[greenginger]

This quote is hidden because you are ignoring this member. Show Quote

Sounds like they know the share issue is going to be a flop and are trying to screw their fans by different methods.

Selling tickets early for their home games is only delaying their end unless the sales are extra business that would not otherwise have been done.

Lets hope they think the day has been saved, they get their heads back in the sand and come next Friday they are gone.( Pity its not the 13TH )

[hibIBZ]

But at least the bake sale is happening, so they'll be fine
[/QUOTE]

maybe when tesco build their new store on what was the PBS they will let them have a bag packing day to fund their rent of spartans ground

[hibees 7062]

This quote is hidden because you are ignoring this member. Show Quote

Now, I am not an accountant, but:

£450,000 outstanding tax bill
£1,750,000 pending tax bill
£1,790,000 claimed as being what the share issue needed to raise

All added together is £3,990,000, which is the double of a worse case scenario. That's the problem when you lie, you forget what you've said.

But at least the bake sale is happening, so they'll be fine

And it doesnt help that every Hibee is watching every move they make

[Twa Cairpets]

Is the St Mirren end for the game on the 17th likely to be all ticket?

I really quite fancy going. The sheer outpouring of misery, grief and defeat would be worth the few bawbees I'd be donating. Kind of like Dens '86, but a bit more final.