Share Transfers Agreed/Cooling off period

[Kato]

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^​Just released on their Facebook page.


The Foundation of Hearts today (Friday 22 February) urged Hearts supporters worldwide to get behind its scheme to bring fan ownership to the club as what it sees as some of the most crucial days in Hearts’ history are entered.

“Without doubt, the recent developments around the Lithuanian companies involved with Hearts, including the demise of Ukio Bankas, have moved things onto a different footing which brings new ownership of our club very much nearer,” said Foundation chairman Alex Mackie.

“We are therefore asking fans to go onto our website (www.foundationofhearts.org) as soon as possible and make a pledge of support.

“This is not the time for recriminations or to create division among the Hearts community but rather a unique opportunity for Hearts fans to create history by throwing their weight behind a scheme which brings meaningful responsibility to the supporters, efficient and transparent management, strong governance, control of football matters handed to the right people, an emphasis on youth development, financial growth, and real Hearts people leading the way.

“The Foundation has been working diligently for this moment and has brought together a skilled team of business and financial experts – all Hearts supporters – as well as the two largest fans groups, the Federation of Hearts Supporters Clubs and the Heart of Midlothian Shareholders Association.

“This is a great team which has the interests of the club and the supporters at its heart, can deliver on behalf of the fans, and will provide the platform for a strong future for our club. We have already had great backing from fans. Now, as we move into this crucial final period, we need others to look closely at what we are proposing (the details are on our website) and hopefully give us their backing.

“This really is the time for Hearts fans to make history and open a magnificent new chapter in the story of our club.”

LET THE BAKING COMMENCE!!

Tho' something tells me they're not going to fairy cake their way out of this one.

[hibs0666]

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^​Just released on their Facebook page.


The Foundation of Hearts today (Friday 22 February) urged Hearts supporters worldwide to get behind its scheme to bring fan ownership to the club as what it sees as some of the most crucial days in Hearts’ history are entered.

I find this group quite creepy. These guys are looking at the yaks to pledge their money, yet the only individuals that prepared to be named and shamed are the frontman, Ford and Medals.

[jodjam]

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LET THE BAKING COMMENCE!!

Tho' something tells me they're not going to fairy cake their way out of this one.

Gentlemen. Start your ovens!

[ronaldo7]

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^​Just released on their Facebook page.


The Foundation of Hearts today (Friday 22 February) urged Hearts supporters worldwide to get behind its scheme to bring fan ownership to the club as what it sees as some of the most crucial days in Hearts’ history are entered.

“Without doubt, the recent developments around the Lithuanian companies involved with Hearts, including the demise of Ukio Bankas, have moved things onto a different footing which brings new ownership of our club very much nearer,” said Foundation chairman Alex Mackie.

“We are therefore asking fans to go onto our website (www.foundationofhearts.org) as soon as possible and make a pledge of support.

“This is not the time for recriminations or to create division among the Hearts community but rather a unique opportunity for Hearts fans to create history by throwing their weight behind a scheme which brings meaningful responsibility to the supporters, efficient and transparent management, strong governance, control of football matters handed to the right people, an emphasis on youth development, financial growth, and real Hearts people leading the way.

“The Foundation has been working diligently for this moment and has brought together a skilled team of business and financial experts – all Hearts supporters – as well as the two largest fans groups, the Federation of Hearts Supporters Clubs and the Heart of Midlothian Shareholders Association.

“This is a great team which has the interests of the club and the supporters at its heart, can deliver on behalf of the fans, and will provide the platform for a strong future for our club. We have already had great backing from fans. Now, as we move into this crucial final period, we need others to look closely at what we are proposing (the details are on our website) and hopefully give us their backing.

“This really is the time for Hearts fans to make history and open a magnificent new chapter in the story of our club.”

Fester's wife will have to take a second job

[jgl07]

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I wonder who The Rangers paid the Wallace money to ? It surely would not have gone direct to Hearts and I doubt that UBIG would have paid it into their Ukio Bankas account or the Administrator would have grabbed it to clear some of the debt.

A Swiss bank account would be my guess.

Used fivers in a suitcase at Harthill Services?

[livi hibs 1875]

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Gentlemen. Start your ovens!

That is brilliant
Ggtth . New poster on the block here .usually just read but loving the read and thought id say hi :pfgwa

[Mikey]

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I've just agreed to pledge another £100 per month to their cause.

We all should. The more they think they're getting the better

[fat freddy]

hearts to be stripped of cup and the old lump of silver awarded to hibs???..no thanks, i'd rather we won it on merit

hearts remind me of a chavvy family from wester hailles...they have a 4x4 sitting outside their rented flat and they're dripping with bling...they have no insurance policy or pension and they're in arrears on their rent.. they spend their days living it up with no worries about the future...they borrow vast sums every year to take the family on holiday to florida which they enjoy boasting about to their mates in the pub...they spend everything they get and totally live for the day but their future is sure to be rocky unless they win the lottery for which they buy 5 tickets every week

hibs are close to completing their mortgage payments on their bungalow in craigentinny and they have a wee stash set aside for their kids future...they drive an economic car but often use public transport...they have no outward signs of wealth and no status symbol items to show for their hard work...they are comfortable, content and their future is assured through good housekeeping and hard work..they holiday in their small cottage in the highlands which they rent out for the rest of the year which has helped to pay it off completely...they dont gamble as they dont have to and they think it would be foolhardy to take risks with their childrens inheritance.

[Hibeesforever]

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I wouldn't do that. They will be using those pledges as a way of sourcing some start up capital. No point in helping them out.

I can't stop laughing......have you ever tried to go and borrow money by placing an internet electronic pledge down as collateral!!!!

This football club are an embarrassment to themselves and the financial credibility of the good Scottish Capital city of Edinburgh.

Can someone ask the City of Edinburgh councillors when they are going to ask Mr Romanov to sell one of the St. Andrews square properties that he owns ?

My understanding is that there are council rates outstanding and his game of Mafia monopoly has worn tiresome and the city's residents patience is wearing thin.

When the Business rates money comes in, Leith Walk can afford to get a makeover. I sense there is going to be a lot of extra demand in that area of town in future years from fans who wish to watch top flight and European football.

Only demand in Gorgie will be for bulldozers to rid the locality of early twentieth century asbestos and return the site to parkland.

[#FromTheCapital]

I wonder how well their bake sales will fare this time around when they have Krispy Kreme donuts to compete with. Everyone seems to be splashing their hard earned on the donuts these days.

[Ozyhibby]

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I can't stop laughing......have you ever tried to go and borrow money by placing an internet electronic pledge down as collateral!!!!

This football club are an embarrassment to themselves and the financial credibility of the good Scottish Capital city of Edinburgh.

Can someone ask the City of Edinburgh councillors when they are going to ask Mr Romanov to sell one of the St. Andrews square properties that he owns ?

My understanding is that there are council rates outstanding and his game of Mafia monopoly has worn tiresome and the city's residents patience is wearing thin.

When the Business rates money comes in, Leith Walk can afford to get a makeover. I sense there is going to be a lot of extra demand in that area of town in future years from fans who wish to watch top flight and European football.

Only demand in Gorgie will be for bulldozers to rid the locality of early twentieth century asbestos and return the site to parkland.

Aken, as soon as it sent it I knew it was stupid. I just hate the thought of even giving them some hope.

[Hibeesforever]

No. 42 To Let
Ukio Bankas Investment Group to try and rent out former RBS headquarters at 42 St Andrew Square and its old offices at 38-52 West Register Street as offices while he waits for planning permission to transform them. Purchased by the Hearts owner Vladimir Romanov for around £20m in 2007 the intention is for a mix of hotel and retail. Certainly a hotel makes sense for the imposing No.42.

A spokesman stated "We are working with top hotel brands, architects and consultants and all involved are determined to deliver a project which will maintain the strategic importance of 42 St Andrew Square. This is a massive project for us and we want to ensure we get it right."

Old news, although one of the other assets that Mr Romanov did or does own in the city.

I don't know how business or politics work but it is not unreasonable to think that if one of his other projects is losing a lot of money and owes funds to tax authorities and city residents then the proceeds from this, or another asset in the city, could be realised to clear his liabilities.

I welcome foreign investment to Scotland's capital city. However, I am displeased when it appears that councillors are complicit in financing some suspicious mafia monopoly scheme of ownership to enable an overseas entrepreneur take possession of a real national building treasure.

Quite simple for the councillors (and members of the Scottish Parliament) to work out. I am expecting that all business rates are fully up to date on this and other buildings owned by Mr Vladimir Romanov in the city?

Is this information publicly available ?

[Hibeesforever]

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Aken, as soon as it sent it I knew it was stupid. I just hate the thought of even giving them some hope.

Puff them up even more, the fall will be even bigger and the Leith party longer.
On every front time is running out. Politically and economically I sense that severe negative damage is being done to the city's economic and governance credibility. Their local Edinburgh auditors are now being slammed for being complicit as well.
The fact that the country's First Minister allegedly supports Heart of Midlothian means that there will be a very real desire to end the inference of mutual interest between Mr Romanov and Mr Salmond. Edinburgh's City Councillors are beyond salvation. Doubt that there would be anything untoward but it does not sit well for our fledgling Scottish parliament.
The more revelations that come out of Lithuania, the more potential there is for questions to be asked why nobody seemed to do anything to prevent another venerable Scottish institution from going bankrupt.
As is evident from what has been going on in the financial world of UBIG and Ukios Bankas, there is a lot more to it than just football........ prior to the cowboys taking control, our banking was the best in the world. Hence buildings like 42 St. Andrews Square being built.
I do hope that this tiresome Heart of Midlothian supporting Lithuanian man is sent packing from the streets of Edinburgh soon.

Son of Hearts can then re-form in the bottom tier of Scottish football and our game can move forward. There could be long wait for meaningful derbies but you reap what you sow and Heart of Midlothian have only brought it upon themselves.

Spartans vs Son of Hearts in the East of Scotland league would draw a big crowd.

[Bostonhibby]

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So, in other words, this meeting with the Scandinavian "investors" either (a) Never happened; or (b) Did not go well

To be fair on these "investors" it is perfectly possible they fell into the same trap as the much revered "Mr" Romanov and they were somehow misled about what they thought they were getting involved in and how it all worked. Here's a quote from the Dear Leader in the Daily Mash just around the time various believers were swallowing the pill.

Home Sport 'I THOUGHT I'D BOUGHT A CHAIN OF GARDEN CENTRES' - ROMANOV 'I THOUGHT I'D BOUGHT A CHAIN OF GARDEN CENTRES' - ROMANOV

HEART of Midlothian chairman Vladimir Romanov has admitted that he bought the club after a "catastrophic mistranslation" during a meeting in Edinburgh two years ago.

After parting with a fiver The Lithuanian tycoon is now in discussions with his legal team and is certain to sell his majority shareholding.

Mr Romanov said: "I employed Graham Rix because, as far as I was aware, he had been assistant manager of Dobbies in Kinross."
"Then he starts phoning me up telling me that 'training had gone well' but that we 'needed a new playmaker, someone who could put their foot on the ball and control the pace of the game'. I thought he was a nutter so I sacked him.

"I then brought in one of my own people but within a fortnight he was sending me emails about an argument he was having with someone called Walter Smith over the availability of someone called Paul Hartley. I told everyone he had pneumonia and then shipped him off to a mental hospital near Vilnius.

"Now it turns out that Heart of Midlothian is not a medium sized chain of garden centres with branches in Bathgate, Dalkeith, Musselburgh and Galashiels, but is in fact a football club - one of the biggest in Scotland, if not the world.

"Well that's no use to me. I know nothing about football. But when it comes to running garden centres I'm a bloody genius. Organic, peat-free compost - two bags for a fiver. Freshly cut turf at three-fifty a square yard. That'll shift it."

[hibee_nation]

I have done my bit, £100 a month they will never get pledged. Hope this helps to ease their pain.

[Bostonhibby]

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I have done my bit, £100 a month they will never get pledged. Hope this helps to ease their pain.

Me too, and there's many just like us, but surely we cannot just keep on giving . Can't wait till they add it all up, mind you there's yamanomics to factor in, and they are(or is it were) owned by a big bank you know, so everything should be barry....... my representative is thinking of pledging another couple of million on my behalf tomorrow.

[jabis]

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hearts to be stripped of cup and the old lump of silver awarded to hibs???..no thanks, i'd rather we won it on merit

hearts remind me of a chavvy family from wester hailles...they have a 4x4 sitting outside their rented flat and they're dripping with bling...they have no insurance policy or pension and they're in arrears on their rent.. they spend their days living it up with no worries about the future...they borrow vast sums every year to take the family on holiday to florida which they enjoy boasting about to their mates in the pub...they spend everything they get and totally live for the day but their future is sure to be rocky unless they win the lottery for which they buy 5 tickets every week

hibs are close to completing their mortgage payments on their bungalow in craigentinny and they have a wee stash set aside for their kids future...they drive an economic car but often use public transport...they have no outward signs of wealth and no status symbol items to show for their hard work...they are comfortable, content and their future is assured through good housekeeping and hard work..they holiday in their small cottage in the highlands which they rent out for the rest of the year which has helped to pay it off completely...they dont gamble as they dont have to and they think it would be foolhardy to take risks with their childrens inheritance.

[The Green Goblin]

Maybe their plan to get money from their recently dead fans (remember that?) might also help out. Bake sales and virtual pledges only go so far...it seems that Hearts fans really are quite literally the life blood of the club.

[itslegaltender]

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Puff them up even more, the fall will be even bigger and the Leith party longer.
On every front time is running out. Politically and economically I sense that severe negative damage is being done to the city's economic and governance credibility. Their local Edinburgh auditors are now being slammed for being complicit as well.
The fact that the country's First Minister allegedly supports Heart of Midlothian means that there will be a very real desire to end the inference of mutual interest between Mr Romanov and Mr Salmond. Edinburgh's City Councillors are beyond salvation. Doubt that there would be anything untoward but it does not sit well for our fledgling Scottish parliament.
The more revelations that come out of Lithuania, the more potential there is for questions to be asked why nobody seemed to do anything to prevent another venerable Scottish institution from going bankrupt.
As is evident from what has been going on in the financial world of UBIG and Ukios Bankas, there is a lot more to it than just football........ prior to the cowboys taking control, our banking was the best in the world. Hence buildings like 42 St. Andrews Square being built.
I do hope that this tiresome Heart of Midlothian supporting Lithuanian man is sent packing from the streets of Edinburgh soon.

Son of Hearts can then re-form in the bottom tier of Scottish football and our game can move forward. There could be long wait for meaningful derbies but you reap what you sow and Heart of Midlothian have only brought it upon themselves.

Spartans vs Son of Hearts in the East of Scotland league would draw a big crowd.

Wouldn't happen.


Spartans are in the top tier of East of Scotland!

[HUTCHYHIBBY]

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The analogy is all very good in the real world, but, football is all about winning although they've obviously pushed the boat out way too far in an effort to do so.

[Dashing Bob S]

A Hearts spokesman said: "we're looking to model ourselves on a business that provides a desirable product that the people want, and at a reasonable cost. A place where real football folk with a genuine knowledge of the game can gather to discuss with passion the issues that effect us all. This business, is of course, Greggs. We'll be looking closely at their product range over the next few weeks."

[M6hibee]

So, for us people scratching our heads wondering what is happening, can anyone summarise what the current state of play is in language that is idiot proof for people like me?

[Sergey]

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A Hearts spokesman said: "we're looking to model ourselves on a business that provides a desirable product that the people want, and at a reasonable cost. A place where real football folk with a genuine knowledge of the game can gather to discuss with passion the issues that effect us all. This business, is of course, Greggs. We'll be looking closely at their product range over the next few weeks."

Very good, Bob...but this really isn't the time to be cracking unsympathetic jokes

[magpie1892]

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Can someone ask the City of Edinburgh councillors when they are going to ask Mr Romanov to sell one of the St. Andrews square properties that he owns ?

Sure, they can ask, but:

1. Are they even his to sell any more
2. Comm. prop is through the floor at the moment. Virtually the whole of St Andrew Sq is up for grabs - the Scottish Provident building is enormous, the East side basically has RBoS, who are desperate to offload, the West side has pop-up offices starting at £45/wk for a 'cubicle' with Internet access.

You can't sell if no-one's buying.

EDIT: meanwhile.... http://www.heraldscotland.com/news/h...andal.20310267

[poolman]

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I have done my bit, £100 a month they will never get pledged. Hope this helps to ease their pain.

Just another begging letter to go with the rest

£100 pledged by me as well

Cant wait for my e-mail updates

[Bostonhibby]

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Just another begging letter to go with the rest

£100 pledged by me as well

Cant wait for my e-mail updates

Come on, surely we can manage more than this, its not as if we are a shower of cake bakers who don't pay our way, we have to give them hope. I am aware of several much larger pledges from their friends in the south Mind you I don't think they have heard anything yet either.

[WestEndHibee]

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The analogy is all very good in the real world, but, football is all about winning although they've obviously pushed the boat out way too far in an effort to do so.

I don't think football is ALL about winning. It is a goal in football but I certainly don't support Hibs because they win! I support them because my Dad did and he brought me up to. There's heritage and community in football. I'd rather be able to support my team for the rest of my days than see them win big for 10 then collapse.

[macca70]

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So, for us people scratching our heads wondering what is happening, can anyone summarise what the current state of play is in language that is idiot proof for people like me?

UKIO are bust and going doon the pan as we speak/type, Romanov doesnae have a pot to pee in, Hearts raking in as much as they can now, including trying to sell season ticks for next year so they can send it back to Lithuania before the Jamboids go moobs up.

[Spike Mandela]

http://www.heraldscotland.com/news/h...andal.20310267

VLADIMIR Romanov is at the centre of a new scandal in Lithuania after it emerged his sister was given a large salary at his insolvent bank as it slid into financial meltdown.

VLADIMIR Romanov is at the centre of a new scandal in Lithuania after it emerged his sister was given a large salary at his insolvent bank as it slid into financial meltdown.
Custom byline text: brian donnelly
Hearts are in a dire financial position and the collapse of owner Romanov's Ukio Bankas in his homeland has led to renewed fears over the football club's future.

After details emerged of the payroll at Romanov's bank, the controversial businessman is under further pressure.

Contextual targeting label: Finance

A Lithuanian TV documentary uncovered evidence that Tynecastle chief Romanov paid his sister Olga Gonaruk a monthly salary of £11,275 – enormous by Lithuanian standards – for being "head of administration".

It also emerged that Romanov's bank paid for her exotic holidays over the years to places including Brazil to watch the World Basketball Championships.

However, his sister had her assets seized last month, which included an enormous house and vast amounts of land, along with two properties in Vilnius.

The documentary revealed that several other Romanov family members and friends were paid vast sums from his Ukio bank, before it finally hit the rocks this week.

When questioned about the payments, the Hearts chief snapped: "Listen, you can go to hell."

Ukio Bankas administrator Adam Audickas said: "I can't confirm the actual wage figures to the people concerned, but it is in the region that has been mentioned.

"I don't want to comment any further."

Mr Audickas also declined to reveal details of the relationship between Ukio Bankas and sister company UBIG, owner of Hearts.

[#FromTheCapital]

So basically he was paying the likes of David obua, Christian Nade and Laryea Kingston more than he was paying his own sister. For shame vlad for shame