Share Transfers Agreed/Cooling off period

[#FromTheCapital]

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Have they been paid yet then? I've no seen the news headlines.

No official word so I'm going to say no they haven't been paid yet, although if they get paid on Monday it will be seen as being on time.

[Mikey]

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Have they been paid yet then? I've no seen the news headlines.

Not as far as I'm aware.

[Saorsa]

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No official word so I'm going to say no they haven't been paid yet, although if they get paid on Monday it will be seen as being on time.

Surely it should be today for it tae be on time? If the due date falls on the weekend surely it should be paid on the Friday?

[Mikey]

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Surely it should be today for it tae be on time? If the due date falls on the weekend surely it should be paid on the Friday?

In the real world

[Hibs07p]

STV reporting that HOMFC have confirmed all wages have been paid. There was two young hearts players dressed in training gear, in Tesco's at Hermiston Gait when I was in around 15.00. Their basket was quite empty, so maybe ayes or maybe naws.

GGTTH

[shagpile]

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No official word so I'm going to say no they haven't been paid yet, although if they get paid on Monday it will be seen as being on time.

I get paid on the 28th of each month. If the 28th lands on a Saturday or Sunday, then the cash is in my account on the Friday. That ---for the benefit of any sadsack yams looking in----is before the due date, not after.

[HIBERNIAN-0762]

So they have been paid according to STV news...hmm wonder if they're just saying that to get the embargo lifted?, would surprise me in the least as they cheat at everything else...

[#FromTheCapital]

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So they have been paid according to STV news...hmm wonder if they're just saying that to get the embargo lifted?, would surprise me in the least as they cheat at everything else...

To be honest there's no reason for them not to have been paid. If they have raised at least 800k from shares that's more than enough to cover a months wages even for them. All their doing is limping along though and there are still many hurdles to be jumped

[greenginger]

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To be honest there's no reason for them not to have been paid. If they have raised at least 800k from shares that's more than enough to cover a months wages even for them. All their doing is limping along though and there are still many hurdles to be jumped

May'be the basketball team needed paying first, or the Bosnian Alumina Smelter's gas bill.

Remember, if their debts are owed to themselves, then their credits are there for the rest of the UBIG Group.

[CropleyWasGod]

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So they have been paid according to STV news...hmm wonder if they're just saying that to get the embargo lifted?, would surprise me in the least as they cheat at everything else...

The day I start using STV for my financial information is the day that Hearts sign World Cup stars.

[The_Sauz]

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To be honest there's no reason for them not to have been paid. If they have raised at least 800k from shares that's more than enough to cover a months wages even for them. All their doing is limping along though and there are still many hurdles to be jumped

Remember they had to pay the 475k tax debt from the 800k

[HIBERNIAN-0762]

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The day I start using STV for my financial information is the day that Hearts sign World Cup stars.

Don't get your nickers in a twist Crop, was only passing on what fester had said on the programme

[cocopops1875]

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Don't get your nickers in a twist Crop, was only passing on what fester had said on the programme

Did Fester get paid ? I mean its cool if he didnt his wife works ye ken

[CropleyWasGod]

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Don't get your nickers in a twist Crop, was only passing on what fester had said on the programme

Sorry, wasn't getting at you. STV rip my knitting, though, with their ignorant and, often, wrong reporting of stuff in this and the Rangers story.

[Geo_1875]

That will have been recorded on Thursday and Fester was reading from a script.

[Caversham Green]

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Did Ukio not have to take on the debt UBIG had regarding the development of the basketball stadium?
Is this UBIG dying a slow death?

Caversham your thoughts would be appreciated

GGTTH

There are certainly strong indications that UBIG are struggling badly (falling share prices, failing to pay employees etc) and this debt reassigment looks like another indicator. Assuming it wasn't done just to get us Hobos all excited, the form tells us that UBIG owe Ukio at least £6.8m and that there are doubts about UBIG's ability to pay.

If it was instigated by the Lith financial regulator as greenginger suggests he would just have been looking for security on a viable asset. On that basis, if the best security they could produce was a dodgy debt due by a struggling wee Scottish football club then they really are in sheep dip. Of course, if UBIG goes under HoMFC will be liquidated.

On the other hand if it was Ukio (i.e. 'Mr Romanov') that instigated it the implications could be more sinister for the yams. It could suggest that when (rather than 'if') HoMFC goes into liquidation he wants that £6.8m paid and doesn't expect UBIG to pass it on - possibly because they wouldn't be in a position to. The timing of the reassignment, together with the specific inclusion of uncalled capital in the assets would indicate that he was seriously contemplating this course of action during or very shortly after the share offer period.

If Ubig are able to sell their majority shareholding in the club the reassignment tells us that they will either have to leave a portion of debt in place or realise at least £6.8m from the sale so that they can pay off the Ukio debt.

"He's never stopped being the greatest owner" right enough.

[Golden Bear]

I still can't see any reports in the press that they were actually paid yesterday. If they had been, then I'm sure the Yams would have ensured that the world and his dog were made aware of the fact.

[Sprouleflyer]

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I still can't see any reports in the press that they were actually paid yesterday. If they had been, then I'm sure the Yams would have ensured that the world and his dog were made aware of the fact.

I think their pay day is the 16th which is tomorrow. Normally if a pay day is on a Sunday the wages tend to hit accounts on the Monday, so no real crisis at the moment. They have been spouting about paying the wages early, but no real confirmation that this has been done so far, which is a bit weird.

[#FromTheCapital]

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I think their pay day is the 16th which is tomorrow. Normally if a pay day is on a Sunday the wages tend to hit accounts on the Monday, so no real crisis at the moment. They have been spouting about paying the wages early, but no real confirmation that this has been done so far, which is a bit weird.

That's the kind of statement I'd expect from a hearts player ;-)

In most jobs if your payday falls on a Saturday or a Sunday then you'll get paid on the Friday before.

Is there any confirmation of the wages being paid other than an stv report?

[Kris1875]

In today's EN that they've paid all the wages .

[weecounty hibby]

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That's the kind of statement I'd expect from a hearts player ;-)

In most jobs if your payday falls on a Saturday or a Sunday then you'll get paid on the Friday before.

Is there any confirmation of the wages being paid other than an stv report?

I suppose it depends on what their contracts say. Mine says that I get paid on the 27th of each month therefore if it falls on a Saturday or Sunday so to avoid breaching my contract the company has to pay on the Friday. They may have some wording that allows them to pay on the following Monday. Not sure that it really matters to them what is in contracts though.
Just wish they would hurry up and die. They are a national embarrassment.

[RoYO!]

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In today's EN that they've paid all the wages .

Cunning, pay this one on time, get the embargo lifted in time for january window, sign some players they can't afford, then go on NOT paying them for the rest of the season. No change there then...

[WindyMiller]

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That's the kind of statement I'd expect from a hearts player ;-)

In most jobs if your payday falls on a Saturday or a Sunday then you'll get paid on the Friday before.

Is there any confirmation of the wages being paid other than an stv report?

Can't see any mention of it.......................http://www.google.co.uk/webhp?source...w=1280&bih=675

[weecounty hibby]

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In today's EN that they've paid all the wages .

Have they got the open topped bus ready for their parade in celebration. All of the players could go on top and hold up their pay cheques. Embarrassing that they see being paid as something news worthy. Maybe we should do that every month as well, release a statement to the press saying that all of our players and staff have been paid on time.

[Woody70x2]

Paulo Sergios cardigan have the masses over the road wetting themselves... They are a sad bunch of individuals.

Wonder if a ***** from Sergio in a glass box would have them just as excited. Might send the organiser one with a picture of him signed.

[Golden Bear]

From todays online version of the Evening news which is slightly different.




http://www.scotsman.com/sport/footba...isis-1-2691243

Or could it be that the online version has not been updated yet?

[Danderhall Hibs]

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In the real world

If my payday falls on a Sunday i'm fairly sure i've been paid on the Saturday. Never on the Monday.

Are we talking about them getting November and December wages or have the players forfeited November?

[Russell The Dug]

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If my payday falls on a Sunday i'm fairly sure i've been paid on the Saturday. Never on the Monday.

Are we talking about them getting November and December wages or have the players forfeited November?

They where paid last months wages last week.

It seems ironically the Scottish cup tie amoungst various other begging missions has saved them this month.

[Saorsa]

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They where paid last months wages last week.

It seems ironically the Scottish cup tie amoungst various other begging missions has saved them this month.

they'll be in trouble next moth though, no much income before the 16th.

[Golden Bear]

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They where paid last months wages last week.

It seems ironically the Scottish cup tie amoungst various other begging missions has saved them this month.

They wouldn't have had much left after the deductions for the amount of damage that their so called fans caused.