Share Transfers Agreed/Cooling off period

[poolman]

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The 'hobos' rattling the tin again for some loose change....

http://www.heartsfc.co.uk/articles/2...241384_3002299

Yea, a tidy sum of cash for their "Academy" and to spend on maintaining the asbestos shack

Well it's true, wee fat Robbo asked them to be up front or he would not get involved in the share issue

[bingo70]

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So Hearts are interested in buying a player whose wage will come directly from the pockets of Hearts supporters (when his wages are actually paid) and the SFA are fine with it? What the actual ****? Will they ever get punished for anything?

1.It's up to the SPL not the sfa.

2.they can't sign anyone just now as they're in the middle of a transfer ban so they've done what you are going raj about them not doing.

[Spike Mandela]

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1.It's up to the SPL not the sfa.

2.they can't sign anyone just now as they're in the middle of a transfer ban so they've done what you are going raj about them not doing.

He has a point though. The SPL rules are so tough that all Hearts had to do was change the word 'unpaid' to 'deferred' and hey presto no further punishment whilst the crime they were guilty of previously has remained the same.

The SPL have no real desire to enforce any financial fair play rules and I strongly suspect that Doncaster and co advised Hearts on the course of action to take to avoid them having to be sanctioned further rather than telling them get their financial house in order.

[#FromTheCapital]

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He has a point though. The SPL rules are so tough that all Hearts had to do was change the word 'unpaid' to 'deferred' and hey presto no further punishment whilst the crime they were guilty of previously has remained the same.

The SPL have no real desire to enforce any financial fair play rules and I strongly suspect that Doncaster and co advised Hearts on the course of action to take to avoid them having to be sanctioned further rather than telling them get their financial house in order.

Wouldn't surprise me in the slightest.

The only fair thing to do would be tell them that they cant play any players that aren't getting paid and of course the transfer ban could include a period of time when the transfer window is actually open

[steviehibsleith]

Its all yam media bringing in a striker.
They are over a million short of a figure stated to survive till the end of the season. There team are unable to score goals and playing a 18yo up front who by all accounts is a midfielder. The plumber has just spat the dummy on a live interview stating thier main striker JS can no longer score goals " how many did he score last season" . They cant sell tickets for this weekends game against ABerdeen when they know they need sellouts to survive because they know team is unable to find the net. In football not scoring goals doesnt sell tickets.
Pretty sure they are still under a transfer emargo until they can pay wages, just cos they deferred wages means SPL will not impose more punishments. They led fans on thinking they were going to sign Shatzell they r doing the same here.

[Alan62]

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He has a point though. The SPL rules are so tough that all Hearts had to do was change the word 'unpaid' to 'deferred' and hey presto no further punishment whilst the crime they were guilty of previously has remained the same.

The SPL have no real desire to enforce any financial fair play rules and I strongly suspect that Doncaster and co advised Hearts on the course of action to take to avoid them having to be sanctioned further rather than telling them get their financial house in order.

Surely the difference between 'deferred' and 'unpaid' is the will of the players. Deferring the wages implies the agreement of the players so, effectively, it's an adjustment to their contracts. That deferment could still become 'unpaid' if they fail to stump up on the agreed date. If that happened then sanctions would follow.

It's clear that Hearts have serious cashflow problems. These are likely to continue. The share flotation is unlikely to be fully subscribed. The £750K subscribed by the dafties this time round has now been taken out of the equation for a fan-based takeover of the club. The scale of their fundraising (while laudable to some degree) suggests that they cannot raise anything like the sums required to run a top-level football club.

The support base is decent though. A debt-free club with a fit-for-purpose stadium and its own training facilities could fare well in the SPL with average crowds in the 12-15000 range. That has been Rod Petrie's ambition for Hibs for many years and we're well on track to achieve that in the relatively near future. Our neighbours are not. However you look at their predicament, the only thing they can hope for is a magic bullet.

[lapsedhibee]

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However you look at their predicament, the only thing they can hope for is a magic bullet.

Didn't they already have one of those, from Genk?

[Leithenhibby]

You got to laugh.

"There will be consequences if we fail to hit that target and I would ask anyone who hasn't participated in the scheme yet, to do so.

[Mikey]

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"There will be consequences if we fail to hit that target and I would ask anyone who hasn't participated in the scheme yet, to do so.

I haven't participated yet.

Go on, ask me

[Spike Mandela]

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Surely the difference between 'deferred' and 'unpaid' is the will of the players. Deferring the wages implies the agreement of the players so, effectively, it's an adjustment to their contracts. That deferment could still become 'unpaid' if they fail to stump up on the agreed date. If that happened then sanctions would follow.

I am fully aware of how they have used this loophole and fully expect there has been a gun held to the Hearts players' heads and with all the media spin on their plight(kids selling their Chrissie pressies blah blah blah) which player was actually going to refuse.

Nevertheless, i fully expect pay to be paid this once to allow them to sign players in January( the real reason for getting a deferral agreement) then they will go back to just non payment of wages and the SPL can get really tough and give them an extended transfer embargo until the next window opens up.

[lord bunberry]

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I actually think it is a fabulous effort in such a short period.

However, I also think it is misguided and misdirected.

And soon to be misappropriated

[Saorsa]

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And soon to be misappropriated

is that the same as trousered by Vlad?

[Hibby70]

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I haven't participated yet.

Go on, ask me

Dear Mr Mikey

Please participate.

Pretty please.

Vlad.

[Leithenhibby]

You can see why the mad one will no longer support the "big team" (using that term loosely) any longer. His bank is starting to wobble somewhat.........

The fact of the matter is he can't, as he doesn't have a pot to pi$$ in..

http://www.nasdaqomxbaltic.com/marke...2&period=month

[steviehibsleith]

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You can see why the mad one will no longer support the "big team" (using that term loosely) any longer. His bank is starting to wobble somewhat.........

The fact of the matter is he can't, as he doesn't have a pot to pi$$ in..

http://www.nasdaqomxbaltic.com/marke...2&period=month

ok dont speak Lithuanian and im not a Wbanker Can see the -26.5% and the downwould spiral but perhaps you can put figures on this. Cheers

[greenginger]

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ok dont speak Lithuanian and im not a Wbanker Can see the -26.5% and the downwould spiral but perhaps you can put figures on this. Cheers

Click the Union Jack on top right and all will become as clear as mud.

[steviehibsleith]

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Click the Union Jack on top right and all will become as clear as mud.

Labai ačiū

[Leithenhibby]

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Click the Union Jack on top right and all will become as clear as mud.

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ok dont speak Lithuanian and im not a Wbanker Can see the -26.5% and the downwould spiral but perhaps you can put figures on this. Cheers

I'm no banker either but any business that has lost a share value of %62.84 over 3 years ain't doing too well.

[hibees 7062]

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I haven't participated yet.

Go on, ask me

How no ?

[#FromTheCapital]

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You can see why the mad one will no longer support the "big team" (using that term loosely) any longer. His bank is starting to wobble somewhat.........

The fact of the matter is he can't, as he doesn't have a pot to pi$$ in..

http://www.nasdaqomxbaltic.com/marke...2&period=month

To be fair it hasn't really got any worse since the initial crash last month

[Leithenhibby]

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To be fair it hasn't really got any worse since the initial crash last month

28.03% in two months is not good in any banking business ..........

Another 2.59% in the last week, it all helps

[#FromTheCapital]

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28.03% in two months is not good in any banking business ..........

Another 2.59% in the last week, it all helps

Heres hoping it plummets even further

[greenginger]

Still not had a response from our Council to my Freedom of Information request concerning non payment by HOMFC of Business rates and Rent for the PBS.

I phoned this afternoon and after a bit of dicking around I got to speak to the case officer who told me she had gatherred the information I requested, BUT ----

It had not been cleared by the legal team yet and I should call again on Monday. I told her the information was required to ensure HOMFC were complying with Scottish Football's financial fair play rules and she said that it could be taken into consideration when deciding to release the info.

That confirms to me that there is non payment information, which should be no surprise to anyone. If you are not paying the wages and taxman, you sure as hell ain't paying the rates its just a question of how much !

[Leithenhibby]

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Heres hoping it plummets even further

And I would bet the the share issue at the PBS is going to other projects

[fatbloke]

UKIOBANKAS SHARE PRICE 7/12/2010

1.2050 LTL = 0.2816 GBP

UKIOBANKAS SHARE PRICE TODAY

0.3900 LTL = 0.0911 GBP
See the pattern

[DC_Hibs]

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Still not had a response from our Council to my Freedom of Information request concerning non payment by HOMFC of Business rates and Rent for the PBS.

I phoned this afternoon and after a bit of dicking around I got to speak to the case officer who told me she had gatherred the information I requested, BUT ----

It had not been cleared by the legal team yet and I should call again on Monday. I told her the information was required to ensure HOMFC were complying with Scottish Football's financial fair play rules and she said that it could be taken into consideration when deciding to release the info.

That confirms to me that there is non payment information, which should be no surprise to anyone. If you are not paying the wages and taxman, you sure as hell ain't paying the rates its just a question of how much !

You should go to the media re the Council's reluctance to provide and try and put some pressure on that way. Obviously the Evening News/Scotsman would do fek all but maybe 1 of 100 from the west might take their focus off the ugly sisters for an hour.

[Mikey]

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Still not had a response from our Council to my Freedom of Information request concerning non payment by HOMFC of Business rates and Rent for the PBS.

I phoned this afternoon and after a bit of dicking around I got to speak to the case officer who told me she had gatherred the information I requested, BUT ----

It had not been cleared by the legal team yet and I should call again on Monday. I told her the information was required to ensure HOMFC were complying with Scottish Football's financial fair play rules and she said that it could be taken into consideration when deciding to release the info.

That confirms to me that there is non payment information, which should be no surprise to anyone. If you are not paying the wages and taxman, you sure as hell ain't paying the rates its just a question of how much !

Good work. Keep at it

[johnbc70]

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Still not had a response from our Council to my Freedom of Information request concerning non payment by HOMFC of Business rates and Rent for the PBS.

I phoned this afternoon and after a bit of dicking around I got to speak to the case officer who told me she had gatherred the information I requested, BUT ----

It had not been cleared by the legal team yet and I should call again on Monday. I told her the information was required to ensure HOMFC were complying with Scottish Football's financial fair play rules and she said that it could be taken into consideration when deciding to release the info.

That confirms to me that there is non payment information, which should be no surprise to anyone. If you are not paying the wages and taxman, you sure as hell ain't paying the rates its just a question of how much !

Well done and keep at it, clearly something to hide.

[1two]

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Still not had a response from our Council to my Freedom of Information request concerning non payment by HOMFC of Business rates and Rent for the PBS.

I phoned this afternoon and after a bit of dicking around I got to speak to the case officer who told me she had gatherred the information I requested, BUT ----

It had not been cleared by the legal team yet and I should call again on Monday. I told her the information was required to ensure HOMFC were complying with Scottish Football's financial fair play rules and she said that it could be taken into consideration when deciding to release the info.

That confirms to me that there is non payment information, which should be no surprise to anyone. If you are not paying the wages and taxman, you sure as hell ain't paying the rates its just a question of how much !

Good work! Keep at it

[Leithenhibby]

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Still not had a response from our Council to my Freedom of Information request concerning non payment by HOMFC of Business rates and Rent for the PBS.

I phoned this afternoon and after a bit of dicking around I got to speak to the case officer who told me she had gatherred the information I requested, BUT ----

It had not been cleared by the legal team yet and I should call again on Monday. I told her the information was required to ensure HOMFC were complying with Scottish Football's financial fair play rules and she said that it could be taken into consideration when deciding to release the info.

That confirms to me that there is non payment information, which should be no surprise to anyone. If you are not paying the wages and taxman, you sure as hell ain't paying the rates its just a question of how much !

I dof my cap Mr, keep up the good work