Share Transfers Agreed/Cooling off period

[lord bunberry]

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Just up.

Are they dead yet?

Not yet but they do smell like it

[MrSmith]

So looking forward to Wednesday/Thursday of this week.Do or die as they say... Hopefully the former but they rise in the third division as the 'big team'! Don't you just love it!

[Hibernia Na Eir]

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Absolutely- at least 100,001- I will go just to dance on their grave!!!

i'd prefer to pi5s on it then crap over it.

think of all the faggot Hertz people who'll sob this week......JJ, JR, A Preston, Mercer's son, G McKay, Salmond, Cardownie, Flat Eric, Child, Wee Ronnie C, I Black, C Gordon, K Black, Billy Brown (yes)......suffer you plebs

[CyberSauzee]

It's so obvious UBIG doesn't have a pot to p!3s in at the moment.

Hearts wages not getting paid, plus the unpaid PAYE/VAT bill. There's now the unpaid wages at the basketball team and the Birac aluminium works for the past three months.

I said a few years ago Vlad reminded me of Robert Maxwell in his business operations. It appears to me that he's been moving money around his 'empire' when it's needed, but now the cash has dried up. He's not got any cash coming in from anywhere at the moment, hence the running costs not being met. If it is the end game for UBIG I don't think I would be bothering too much about a far flung football team at the other side of Europe.

[s.a.m]

Will HMRC have an opinion on Hearts knocking back the Sevco cash?

[chinaman]

the gland that is romanov will be hoping that his lithuanian slaves like the yam ******s will get their kids to give their piggy banks over for the cause. rotten , disgusting arse of a man

[Bighoose]

Have they not got a multi award winning pop star as fan? What was his name?.... Cicero?

Could he not organise a Live Aid event for them?

Get a new version of "Feed The Jambos" out in time for Christmas?

That's bound to rake in £10 to £20 at the very least....

[cad]

Im sure Hearts have plenty wealthy supporters ,I think once the dust settles and they know whats what a saviour will save them in some shape or form

[Ozyhibby]

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Will HMRC have an opinion on Hearts knocking back the Sevco cash?

Absolutely they will. Anyone who has ever been late with a tax bill will tell you that they will encourage you to sell everything you own in order that they get paid.

[greenginger]

Is there a single ,sound, business reason for keeping HOMFC trading.

Any income generated will be dwarfed by the expenses of running the club until the end of the season. Vlad has all the securities in place and will be entitled to all assets of the club for the cost a liquidator fee.

Vlad is ruthless, and he is now disparate as he sees his business empire crumble. He will see every penny as a prisoner and will not be worried about any flack as it will no doubt all be the fault of the tax authorities, the SFA and the other targets of his rants.

His latest rant in the Russian papers about our referees taking bungs from Rangers and Celtic could have expected a huge SFA fine but Vlad don't care; Hearts ain't going to be there to pay any fine.

Next season Maroon Sevco will have bought the badge and history of HOMFC from Vlad ( for a lot more than the Govan lot paid ) and will start in Div3.

At least thats what I would do if I was Vlad.

[Keith_M]

I've just thought up a new scenario.


1) Mad Vlad separates the physical assets (stadium and, ehm, ....) from the football club.

2) Sells physical assets on the open market to whoever will buy, e.g. Tesco

3) Chuckie Green buys Hearts FC, including the SPL Membership.

4) Chuckie changes the name of his current club to Glasgow Rangers, New Rangers, whatever.

5) Chuckie changes name of SPL team Hearts to Rangers and their club colours and moves them to Ibrox.

6) Chuckie takes the best of the players from each club for his SPL version and the crappiest players and reserves for his D3 version.

7) Modify the names registered as owners of each club to get around the rule on one person owning more than one senior club.


RESULT: A Rangers 1st team in the SPL, playing at Ibrox and a Rangers reserves in the D3, playing at Ibrox.

[Caversham Green]

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Will HMRC have an opinion on Hearts knocking back the Sevco cash?

If they get paid they won't bother where the money comes from as long as it was raised legally and morally. I have a feeling that the reason they issued the WUP in the first place is that there was an agreement between them and the yams that the share issue would settle it - not a great business model, but it does the job. However, when the prospectus came out with no mention of the tax liability it became money raised under false pretences and HMRC could not accept that, and nor should the prospective 'investors'.

I think HoMFC see the prospective cash as a negotiating tool - 'look, we've got £800k coming in shortly, you'd be daft to wind us up now' - but they need the full £800k for any budget to the end of the season to work. If so it's a misguided policy IMO, because HMRC will realise that the money is required for purposes other than paying their dues.

Interestingly though, if HoMFC don't pay up and go into liquidation the process will probably take long enough for the full £800k to fall due. If they took the £500k now it would virtually all go to Hector but in liquidation Hector would become an unsecured creditor and see none of the £800k - that would go to the secured creditor, and we all know who that is.

As a side point, it's worth remembering that Sergejus Fedotovas is a director of UBIG - he knows exactly what the plan is even though he's claiming to be in the dark.

[euansdad]

Remember Cicero. His song was no bad, I hate myself

[Minder]

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I've just thought up a new scenario.


1) Mad Vlad separates the physical assets (stadium and, ehm, ....) from the football club.

2) Sells physical assets on the open market to whoever will buy, e.g. Tesco

3) Chuckie Green buys Hearts FC, including the SPL Membership.

4) Chuckie changes the name of his current club to Glasgow Rangers, New Rangers, whatever.

5) Chuckie changes name of SPL team Hearts to Rangers and their club colours and moves them to Ibrox.

6) Chuckie takes the best of the players from each club for his SPL version and the crappiest players and reserves for his D3 version.

7) Modify the names registered as owners of each club to get around the rule on one person owning more than one senior club.


RESULT: A Rangers 1st team in the SPL, playing at Ibrox and a Rangers reserves in the D3, playing at Ibrox.

I can live with any scenario that exterminates HMFC. Can you e-mail this suggestion to Chuckie just in case he aint thought of it.

[Mon Dieu4]

i went over there for my daily dose of hilarity, today they are back obsessed with us, we are the luckiest team ever, they have a better midfield than us, Novakiakidingdong or whatever his name is, he's a better player than Spoony, Taoul is better than Claros etc haha

least we took their minds off their impending doom for a couple of hours

[SloopJB]

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i went over there for my daily dose of hilarity, today they are back obsessed with us, we are the luckiest team ever, they have a better midfield than us, Novakiakidingdong or whatever his name is, he's a better player than Spoony, Taoul is better than Claros etc haha

least we took their minds off their impending doom for a couple of hours

do they have more threads about us than we have about them?

[Keith_M]

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I've just thought up a new scenario.
......
3) Chuckie Green buys Hearts FC, including the SPL Membership.
......

5) Chuckie changes name of SPL team Hearts to Rangers and their club colours and moves them to Ibrox.
........

RESULT: A Rangers 1st team in the SPL, playing at Ibrox and a Rangers reserves in the D3, playing at Ibrox.

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I can live with any scenario that exterminates HMFC. Can you e-mail this suggestion to Chuckie just in case he aint thought of it.

OK. Anyone got his E-Mail address?

[mixumatosis]

I'm just back from ER and watching a bit of the rugby. Most of the crowd look pretty cold & hungry, like they could use some soup to warm them up...

[nonshinyfinish]

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I'm just back from ER and watching a bit of the rugby. Most of the crowd look pretty cold & hungry, like they could use some soup to warm them up...

Any of them sporting poorly applied facepaint?

[WindyMiller]

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If they get paid they won't bother where the money comes from as long as it was raised legally and morally. I have a feeling that the reason they issued the WUP in the first place is that there was an agreement between them and the yams that the share issue would settle it - not a great business model, but it does the job. However, when the prospectus came out with no mention of the tax liability it became money raised under false pretences and HMRC could not accept that, and nor should the prospective 'investors'.

I think HoMFC see the prospective cash as a negotiating tool - 'look, we've got £800k coming in shortly, you'd be daft to wind us up now' - but they need the full £800k for any budget to the end of the season to work. If so it's a misguided policy IMO, because HMRC will realise that the money is required for purposes other than paying their dues.

Interestingly though, if HoMFC don't pay up and go into liquidation the process will probably take long enough for the full £800k to fall due. If they took the £500k now it would virtually all go to Hector but in liquidation Hector would become an unsecured creditor and see none of the £800k - that would go to the secured creditor, and we all know who that is.

As a side point, it's worth remembering that Sergejus Fedotovas is a director of UBIG - he knows exactly what the plan is even though he's claiming to be in the dark.

[God Petrie]

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do they have more threads about us than we have about them?

We aren't on the verge of extinction to be fair

[fatbloke]

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You are pissed as they were discussing the ins and outs of it on the radio this afternoon

wiz working and missed it.

[Ozyhibby]

Be a real shame if the were to go bust while we were top of the league.

[degenerated]

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Why

I've had a bellyful of Tommy Walsh's Eco-house.

[Col2]

There is a thread on kickback about Skacel. They are all getting misty eyed about him pulling pints in some hole of a pub.

They then start debating how important it is for him to return to the club at the end of Jan and even one of the deluded says "offer him what he wants, as long as get him"

They just don't get it do they? It's as if - once they get rid of this unfair and pesky tax bill (which is a disgrace they are being made to pay in a lump sum by the way) they are back on track to get a striker, Rudi and few additions in Jan.

[banchoryhibs]

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They just don't get it do they? It's as if - once they get rid of this unfair and pesky tax bill (which is a disgrace they are being made to pay in a lump sum by the way) they are back on track to get a striker, Rudi and few additions in Jan.

I was speaking to one of their deluded followers at work and he just could not see that they have to live within their means. He claims that "It's ok to sign Rudi and others in January as we are trying to bring the wage bill down but need better players as the first team is *****" --- well that OK then isn't it.

I suggested that it would be the same if we tried to sign Messi and pay him his going rate.

They really just don't get it, absolute choobs the lot of them

One day very soon they will wake up and smell the coffee

[Glory Lurker]

Sorry if I have missed this, but what period does the bill that they are due to pay this week cover?

[CropleyWasGod]

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Sorry if I have missed this, but what period does the bill that they are due to pay this week cover?

You haven't missed anything.

HMRC won't say. Fedotovas made a vague reference the other day to "the previous quarter".... that may mean that it's VAT, but may not.

[PatHead]

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I was speaking to one of their deluded followers at work and he just could not see that they have to live within their means. He claims that "It's ok to sign Rudi and others in January as we are trying to bring the wage bill down but need better players as the first team is *****" --- well that OK then isn't it.

I suggested that it would be the same if we tried to sign Messi and pay him his going rate.

They really just don't get it, absolute choobs the lot of them

One day very soon they will wake up and smell the coffee

Hopefully Thursday

[Glory Lurker]

Thanks. Do you think HMRC would have got to the point of a winding up order if the liability was only incurred in the last quarter?