Share Transfers Agreed/Cooling off period

[Springbank]

Albert Kidd in immaculate conception shocker!

[StevieC]

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"UBIG, which controls Scottish football team Hearts, on Jan. 8 took advantage of a new Lithuanian law allowing the company to pledge all of its assets as collateral for a purpose it has not disclosed"

So does that include Hearts and likely the PBS?

I doubt it would include Hearts, I'm not sure they are actually worth anything. It's like "The Rangers", it's pretty much just a brand name and no real assets.

I suspect the only "asset" would be, as you mention, the PBS (and any associated land or buildings).

Even if you stripped every saleable "asset", I reckon you could still be left with "The HMFC" and a bunch of players. If you could find someone daft enough to outbid Tesco for the stadium then they might also have somewhere to play football.

[SloopJB]

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I never said we took the cup away from them.

My earleir point was based on the fact that they won't win the scottish and league cup in the same season.

I never said you said whatever it was you said you never said.
My post was just a post really.

[Kato]

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I doubt it would include Hearts, I'm not sure they are actually worth anything. It's like "The Rangers", it's pretty much just a brand name and no real assets.

I suspect the only "asset" would be, as you mention, the PBS (and any associated land or buildings).

Even if you stripped every saleable "asset", I reckon you could still be left with "The HMFC" and a bunch of players. If you could find someone daft enough to outbid Tesco for the stadium then they might also have somewhere to play football.

One of UBIG's "assets" is Hearts debt to them, which 22-24Million Squids, 7.5 million of which they recently transferred to UKIO BANKAS KIRKUS. They, UBIG, are due this at the end of this season.

[Tynie01011973]

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They will not physically touch the Scottish cup again until this time next year. It's left the pink dump thankfully.

You mean to say I have missed the chance to get the kids photo's taken with it

[EuanH78]

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One of UBIG's "assets" is Hearts debt to them, which 22-24Million Squids, 7.5 million of which they recently transferred to UKIO BANKAS KIRKUS. They, UBIG, are due this at the end of this season.

That would be unfortunate for our pink chums. I suppose the question is now, what is it UBIG have pledged all their assets to/ for? Is that like 'all in' in poker?

[greenginger]

They are still doing bits of house tidying over at the Pink Palace. yesterday, another "satisfaction of a charge" notice was lodged at Companies House. Again it concerned a historic debt this time to the Bank of Scotland which Romanov settled when he took over in 2005.

So why the rush to clean up the records and why spend money when leading a hand to mouth existence ? Could there be moves afoot to separate the ground from the club as part of some soon to be hatched deal to let a consortium run the football club ?

Who knows, but I sense something rather unpleasant for the Yams is in the air.

Talking of unpleasant things, I see bad things being predicted for Sevco as well, and they need to be around and flush in April to pay the Yams the £ 500 K installment on the Wallace transfer to allow Hearts to pay HMRC their agreed money or its back into the brown stuff for our neighbours.

[Eyrie]

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You mean to say I have missed the chance to pay to get the kids photo's taken with it

Fixed that for you.

[Mixu62]

Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

[Oscar T Grouch]

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Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

Quality

[Juice-Terry]

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Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

Most apt video EVER!

[EdinMike]

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Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

I think i've watched that film dozens of times with my nephew and how I've never clicked to that part amazes me

[Spike Mandela]

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Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

New word for dictionary...................

Yaminion...........a deluded Hearts supporter prepared to raid his piggy bank to finance the unrealistic ambitions of an unscrupulous owner.

[greenginger]

http://www.nasdaqomxbaltic.com/marke...s&tab=realtime


After a couple of days of minor recovery the Bank shares are back on the decent path.


I wonder what bad news just leaked out.

[Sweet Left Peg]

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Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

Nice one.

[cam75]

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Quality

Funny I thought I had heard this b4:-)

[#FromTheCapital]

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http://www.nasdaqomxbaltic.com/marke...s&tab=realtime


After a couple of days of minor recovery the Bank shares are back on the decent path.


I wonder what bad news just leaked out.

That's a huge drop so far today, yet another all time low.

Can anyone clarify exactly what this means for hearts if UB goes bust

[Ozyhibby]

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That's a huge drop so far today, yet another all time low.

Can anyone clarify exactly what this means for hearts if UB goes bust

They're goosed!

[#FromTheCapital]

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They're goosed!

I was hoping for a bit more of a technical analysis but I'm happy with that! ;-)

[carnoustiehibee]

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Dear yams

I saw this last weekend and it made me think of you!

http://www.youtube.com/watch?v=dd2Zcbl9_iU

That is brilliant.

[Sergey]

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http://www.nasdaqomxbaltic.com/marke...s&tab=realtime


After a couple of days of minor recovery the Bank shares are back on the decent path.


I wonder what bad news just leaked out.

Rumour has it that Vlad's sister is in on the act

Her name is Olga Gončaruk who has lent ŪBIG two 4.4 million. Lt. loans. In return she's now part-owned the real estate that's on Ukio's books.

Looks like the assets have been syphoned off before their demise.

I'm trying to find out more.

[Baker9]

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Rumour has it that Vlad's sister is in on the act

Her name is Olga Gončaruk who has lent ŪBIG two 4.4 million. Lt. loans. In return she's now part-owned the real estate that's on Ukio's books.

Looks like the assets have been syphoned off before their demise.

I'm trying to find out more.

It wasn't me that sold it, it was ma wee sister

[poolman]

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Rumour has it that Vlad's sister is in on the act

Her name is Olga Gončaruk who has lent ŪBIG two 4.4 million. Lt. loans. In return she's now part-owned the real estate that's on Ukio's books.

Looks like the assets have been syphoned off before their demise.

I'm trying to find out more.

Gaun yersel Sergey

Keep digging

[brog]

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Rumour has it that Vlad's sister is in on the act

Her name is Olga Gončaruk who has lent ŪBIG two 4.4 million. Lt. loans. In return she's now part-owned the real estate that's on Ukio's books.

Looks like the assets have been syphoned off before their demise.

I'm trying to find out more.

This is what I find intriguing. While the Yams are applauding cake bakes, player sales & getting to cup finals as a means of their salvation I suspect it may be actually the opposite. I think Vlad will hang around just long enough to drain every last penny from The Believers then depart. If income sources such as above were not on horizon I think he may have already folded his tent. I think to some extent he's already given up in that attempts to sell marketable assets in the window were unsuccessful with exception of RM. Unless he can sell to Eastern Europe in next few months then most players with a value will depart for free in summer. I'm 100% convinced the end game for Vlad is in play but impact on Yams remains an unknown, definitely not good & hopefully horribly nasty!!

[GordonHFC]

Don't see what all the fuss is about.

According to todays EEN everything is rosey in the pink turd dome. They are self financing and are back on the right track. I have no reason to disbelieve them as I have always found them to be honest and above board in everything I have seen them involved in.

[PatHead]

Nope. We are all wrong. Everything is rosy according to the Evening News. Move along nothing to see here. Problems at the Bank don't affect Hearts.

http://www.scotsman.com/news/vladimi...arts-1-2781077

No wonder these deluded muppets don't think there are problems. I also love how there have been 2 offers for Hearts. Was one not"Give us the club for nothing, take the debt on your way out. We will give the club a loan of £450,000 to pay the tax bill before fleecing the supporters to get the money back."

[God Petrie]

http://www.scotsman.com/news/vladimi...arts-1-2781077

This story made my day - great to hear someone involved with "Save our Hearts" doesn't realise that their biggest creditor suffering financial difficulties might affect them.

What a shower of clowns.

[PatHead]

How much are .283 viimanes worths then?

[Seveno]

So the Yammish think that the only link is Romanov. Here is another common factor :

Ukio Bankas - in deep s**t
UBIG - in deep s**t
Hearts - in deep s**t

As they say, I am no financial expert, but can anyone spot another link ?

[7062]

Hopefully somebody can answer a few questions I have:

Are UBIG listed on any stock market?

Do they have a share price that is also plummeting or are they privately owned?

Or does it even matter as if they're also in the broon they may want to get as much of the £20m+ owed to them by THEM ASAP which is when the fun begins?

Apologies if this has already been covered somewhere on this thread, but there's a lot of reading in there!