Share Transfers Agreed/Cooling off period

[bingo70]

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The boys got a point!! Hearts have been going bust for years now, been going into administration how many times and were see still waiting on it happening. If we were to believe everything we read on here tynecastle would be flats by now and we would be the only team in Edinburgh

Surely you can see the circumstances are different now with vlads bank going tits up?

[DaveF]

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I see From the sun that Vlad has claimed all his assets are frozen and all he has left is the money in his pocket !!
He has said he will drive taxis for a living or go back to being an electrician !!

No more lightbulb issues at the PBS then

[monktonharp]

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The boys got a point!! Hearts have been going bust for years now, been going into administration how many times and were see still waiting on it happening. If we were to believe everything we read on here tynecastle would be flats by now and we would be the only team in Edinburgh

no ordinary fan, be it them or be it us, actually knows what's going on over there but it is turning into one of the best entertainment comedy shows we have had for years. for most on here, it looks like they are staring into the abyss. for quite a lot over on the dark side, all is barry. one thing is sure, they are in no position to call the shots, as to the way forward with their club. Lithuania used to be an unheard of, behind the curtain backwater to most people in Scotland. now it is full of intrigue.it could be a place that closes a chapter of Edinburgh fitba' for ever. let the show go on .

[flash]

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Wouldn't get too excited. As Rangers have proved, administration or even liquidation doesn't damage a club too much and the authorities in this country are feeble when it comes to any punishment.

Well apart from the fact that the Huns no longer exist of course.

[MB62]

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I see From the sun that Vlad has claimed all his assets are frozen and all he has left is the money in his pocket !!
He has said he will drive taxis for a living or go back to being an electrician !!

Ah, a bright spark taking the Yams for a ride then

[Spike Mandela]

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Well apart from the fact that the Huns no longer exist of course.

I know that, you know that and they know that but in the mysterious alternate universe we call Scottish football nothing has changed has it.............and nor will it for any newco Hearts.

There is still a team the media call Rangers, who play in blue shirts, play at Ibrox and sing sectarian songs.

[Viva_Palmeiras]

Medals got on at Haymarket and sat opposite me on the train West.
sporting a "show racism the red card" wrist band. I resisted temptation but did leave my page on the McGoo sacking on the table then held up when reading the opposite pages.

what would you have done - really?

[SMAXXA]

Youve got to laugh really, according to the Beeb Gossip Column Bradford boss Phil Parkinson has emerged as a candidate for the job aswell

This is the same guy whos thill trying to get promotion and has just been beaten in the LC final at Wembley. Im sure his stock is alot higher then what Hearts could hope for.

[Ozyhibby]

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I know that, you know that and they know that but in the mysterious alternate universe we call Scottish football nothing has changed has it.............and nor will it for any newco Hearts.

There is still a team the media call Rangers, who play in blue shirts, play at Ibrox and sing sectarian songs.

That does not mean there will always be a team playing in maroon at Tynecastle.

[fat freddy]

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Medals got on at Haymarket and sat opposite me on the train West.
sporting a "show racism the red card" wrist band. I resisted temptation but did leave my page on the McGoo sacking on the table then held up when reading the opposite pages.

what would you have done - really?

at the very least i would have entered into conversation with him to try and get an insiders perspective on the car crash comedy club....i would have left his previous racist utterings out of it as he has obviously seen the light if he is going to the lengths of wearing a wristband to prove he's anti racist...we all have skeletons from our younger days after all...i would have farted as i left my seat and left a lingering one behind.

[lucky]

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Medals got on at Haymarket and sat opposite me on the train West.
sporting a "show racism the red card" wrist band. I resisted temptation but did leave my page on the McGoo sacking on the table then held up when reading the opposite pages.

what would you have done - really?

I had a meeting with show racism the red card on Monday about setting up a couple forums and got round to discussing ''medals''. Apparently he is claiming it was homophobic abuse he used against Harper. But he and lots of professionals have learned from their mistakes

[#FromTheCapital]

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Medals got on at Haymarket and sat opposite me on the train West.
sporting a "show racism the red card" wrist band. I resisted temptation but did leave my page on the McGoo sacking on the table then held up when reading the opposite pages.

what would you have done - really?

I would have politely asked if I could piss on him. Regardless of his reply I would then piss on him

[Mikey]

A relative of mine sits near medals at the bus shelter and they sometimes speak. His opinion is that a fresh start in Div 3 is the best they can hope for.

[cocopops1875]

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I would have politely asked if I could piss on him. Regardless of his reply I would then piss on him

That's pretty Kinky stuff never knew you were into that kinda stuff, Each to their own and all that though :-)

[HibeeMassive]

One of the guys in work was speaking to Scott Crabbe yesterday and asked him his thoughts on who should take over, he reckons ... wait for it ... wait for it .... Henrik Larsson

[blackpoolhibs]

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A relative of mine sits near medals at the bus shelter and they sometimes speak. His opinion is that a fresh start in Div 3 is the best they can hope for.

Unbelievable Jeff, you have a relative who supports hertz????????????????

[#FromTheCapital]

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That's pretty Kinky stuff never knew you were into that kinda stuff, Each to their own and all that though :-)

Its the new craze started by Gary Locke

[green glory]

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I would have politely asked if I could piss on him. Regardless of his reply I would then piss on him

Wear a dress and a wig and offer the same to Gary Locke. You might even be able to charge him for it.

[Mikey]

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Unbelievable Jeff, you have a relative who supports hertz????????????????

Several times removed

[NOLA]

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I see From the sun that Vlad has claimed all his assets are frozen and all he has left is the money in his pocket !!
He has said he will drive taxis for a living or go back to being an electrician !!

Lucky for us we already have a sparky

[Saorsa]

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Several times removed

If I were you I'd have them completely removed

[lord bunberry]

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I would have politely asked if I could piss on him. Regardless of his reply I would then piss on him

If he complained you could say you thought he was gary locke

[#FromTheCapital]

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Wear a dress and a wig and offer the same to Gary Locke. You might even be able to charge him for it.

Please keep that off the main forum! We don't want the jambos to get any new fundraising ideas now that everyone's spending their dosh on Krispy Kreme doughnuts

[Saorsa]

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A relative of mine sits near medals at the bus shelter and they sometimes speak. His opinion is that a fresh start in Div 3 is the best they can hope for.

Lets hope for the worst then

[Sweet Left Peg]

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I would have politely asked if I could piss on him. Regardless of his reply I would then piss on him

I wouldn't give him the steam off mine.

[Treadstone]

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I see From the sun that Vlad has claimed all his assets are frozen and all he has left is the money in his pocket !!
He has said he will drive taxis for a living or go back to being an electrician !!

Taxi driver you say. Interesting.

http://murderpedia.org/male.R/r/romanov-vladmir.htm

[Caversham Green]

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Administration might not to bad for them. Only 3 points behind Dundee with 10 games to go. But the big question will their creditors accept a % in the £. If their debt is £30 million a deal of 18p in the £might swing it. The crazy Italian who had Livi was offering £5m for them. But the elephant in the room is owns the PBS

The vast majority of their debt is owed to UBIG and is secured on the assets. Secured creditors don't get a vote for a CVA and the almost certain negative equity means there would be sod-all available for the ordinary creditors. Also, Hector's £1.5m looks like being the biggest of the non-UBIG creditors and we all know how he voted when Rangers welched on their debts.

I can't see how HoMFC could survive administration unless new owners agreed long-term repayment of the debts rather than a pence in the pound agreement.

[JeMeSouviens]

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The vast majority of their debt is owed to UBIG and is secured on the assets. Secured creditors don't get a vote for a CVA and the almost certain negative equity means there would be sod-all available for the ordinary creditors. Also, Hector's £1.5m looks like being the biggest of the non-UBIG creditors and we all know how he voted when Rangers welched on their debts.

I can't see how HoMFC could survive administration unless new owners agreed long-term repayment of the debts rather than a pence in the pound agreement.

Ooh, that sounds nice.

Given the security is ~£6.8M but the debt is well over £20M, do they get a vote for the part in excess of the security? Or no vote at all?

[Caversham Green]

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Ooh, that sounds nice.

Given the security is ~£6.8M but the debt is well over £20M, do they get a vote for the part in excess of the security? Or no vote at all?

That £6.8m is only the part of the security that was passed to Ukio - the full £24m+ is secured on all the assets. The fact that it's all secured means they get no vote at all regardless of the debt probably being much greater than the value of the assets.

[JeMeSouviens]

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That £6.8m is only the part of the security that was passed to Ukio - the full £24m+ is secured on all the assets. The fact that it's all secured means they get no vote at all regardless of the debt probably being much greater than the value of the assets.

Got you, thanks. That's a much better picture than I thought. Puts Hector in the driving seat.