Share Transfers Agreed/Cooling off period

[#FromTheCapital]

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Did anyone mention the £ 500,000 due to HMRC at the end of the season ?

Thought not !

It has also been reported (albeit by that fud barry anderson) that the payments are to be in monthly installments of roughly 40k beginning in May

[HIBERNIAN-0762]

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Did anyone mention the £ 500,000 due to HMRC at the end of the season ?

Thought not !

This is what bugs me with the Dunfermline situation, how on earth are they getting away with this and it's not even getting a mention ANYWHERE?

About time somone somewhere did something about this fiasco rather than .NET don't you think?

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It has also been reported (albeit by that fud barry anderson) that the payments are to be in monthly installments of roughly 40k beginning in May

If so then why didn't Dunfermline get this opportunity?

[Juice-Terry]

Did we get paid for the derby tickets in the end? Haven't heard anything about that recently.

[CropleyWasGod]

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If so then why didn't Dunfermline get this opportunity?

Again. They are different situations.

HMRC are chasing DAFC for PAYE, and have applied for a winding up order. They did exactly the same with HMFC for unpaid PAYE, and were successful in getting their cash. Thus far, DAFC haven't been able to pay.

DAFC will have had the chance to pay that in instalments. They have either been unwilling, or unable, to do that. Hence the winding-up application.

The £1.5m that HMFC owe is a different situation. It is the result of an HMRC investigation. HMRC know that they can't get the money now and that, if they tried to get it, they would end up with nothing. So, they agreed to be paid at the time of year when, in theory, HMFC have that kind of cash available.

Quite rightly, IMO, they have applied commercial sense in both cases.

[Craig_in_Prague]

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Again. They are different situations.

HMRC are chasing DAFC for PAYE, and have applied for a winding up order. They did exactly the same with HMFC for unpaid PAYE, and were successful in getting their cash. Thus far, DAFC haven't been able to pay.

DAFC will have had the chance to pay that in instalments. They have either been unwilling, or unable, to do that. Hence the winding-up application.

The £1.5m that HMFC owe is a different situation. It is the result of an HMRC investigation. HMRC know that they can't get the money now and that, if they tried to get it, they would end up with nothing. So, they agreed to be paid at the time of year when, in theory, HMFC have that kind of cash available.

Quite rightly, IMO, they have applied commercial sense in both cases.

You are most probably spot on; however to me, it stinks.

3.5 years to pay back money on a dodgy settlement that is a HUGE amount and got very LITTLE coverage in the media.
I bet you its tax avoidance monies going back to 2006 when rat face had his 1st spell at the club... They cheat the system, win 2 cups and also get political help IMO.

All there other monies due, continues to bug me too. They are apparently able to see out the season and so on, yet still owe the council money and god knows what else.

[CropleyWasGod]

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You are most probably spot on; however to me, it stinks.

3.5 years to pay back money on a dodgy settlement that is a HUGE amount and got very LITTLE coverage in the media.
I bet you its tax avoidance monies going back to 2006 when rat face had his 1st spell at the club... They cheat the system, win 2 cups and also get political help IMO.

All there other monies due, continues to bug me too. They are apparently able to see out the season and so on, yet still owe the council money and god knows what else.

In HMRC terms, it's hardly huge. Also, in HMRC terms, it's a pragmatic solution. As a shareholder in UK plc, I would rather they got a bite at 33% of something than a guaranteed 100% of nothing.

What was the political help they got?

[blackpoolhibs]

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In HMRC terms, it's hardly huge. Also, in HMRC terms, it's a pragmatic solution. As a shareholder in UK plc, I would rather they got a bite at 33% of something than a guaranteed 100% of nothing.

Personally i'd be prepared to take the hit.

[The Green Goblin]

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The gathering must have been like the one in the Life of Brian with all the disparate groups yakking about the Romanovs but basically unable to do anything about it and actually at odds with each other

Fixed that for you

The comparison gave me a right laugh just thinking about it. Cheers for that

[TrinityHibs]

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Fixed that for you

The comparison gave me a right laugh just thinking about it. Cheers for that

Would that make FOH the equivalent of The Peoples Front of Judea. What exactly did the Romanovs do for us?

[Liberal Hibby]

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Would that make FOH the equivalent of The Peoples Front of Judea. What exactly did the Romanovs do for us?

No they're the Judean Peoples' Front...

[Treadstone]

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Fixed that for you

The comparison gave me a right laugh just thinking about it. Cheers for that

Vlads not the messiah. He is a very naughty boy!

[CropleyWasGod]

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Vlads not the messiah. He is a very naughty boy!

No.

He's the messiah.

[MB62]

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No they're the Judean Peoples' Front...

With all their 400,000 supporters, are they not the Popular Front?

[PatHead]

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Not sure if anyone posted this yesterday but apparently fan groups had a meeting at the Asbestos Arena last night: http://www.scotsman.com/sport/footba...-bid-1-2857582



"Those involved in the talks understand that, after severe financial difficulties late last year, Hearts have the money in place to see out the rest of the season. This means there is no need for an immediate sale – and, partly for that reason, none of the groups in attendance expects a resolution this evening."

In the words of my local Jambo, Colin- "bet you between them they never had 2 pennies to rub together, they seem to think they will get the club for nothing and all debt will be written off. Nothing will come out off this apart from talk." Fairly made my morning. 10/10 Colin

[Liberal Hibby]

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With all their 400,000 supporters, are they not the Popular Front?

Splitter!

[MB62]

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Splitter!

Oh Wait a minute, I hate the Roman ovs as much as anybody.

[The Green Goblin]

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In the words of my local Jambo, Colin- "bet you between them they never had 2 pennies to rub together, they seem to think they will get the club for nothing and all debt will be written off. Nothing will come out off this apart from talk." Fairly made my morning. 10/10 Colin

"my local jambo". . Nice

[PatHead]

Notice the old Dundee director di Stefano has been "done". Turns out he wasn't a lawyer at all! See these dodgy foreign owners always ends in tears. http://www.bbc.co.uk/news/uk-21957686

[Dan Sarf]

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Notice the old Dundee director di Stefano has been "done". Turns out he wasn't a lawyer at all! See these dodgy foreign owners always ends in tears. http://www.bbc.co.uk/news/uk-21957686

Makes Frank Abagnale seem trustworthy...

http://news.bbc.co.uk/1/hi/magazine/4394095.stm

[grunt]

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Not sure if anyone posted this yesterday but apparently fan groups had a meeting at the Asbestos Arena last night

Press release here http://www.scottishfans.org/News/heartsstatement.aspx

[Saorsa]

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Press release here http://www.scottishfans.org/News/heartsstatement.aspx

"Last night (26th March 2013) a productive meeting was held at Tynecastle. The group will continue to engage in a constructive manner with further meetings planned. The group is committed to a unilateral proposal which engages all supporters in the future ownership and governance of Heart of Midlothian Football Club."

= We will continue tae generate much hot air but we have nae money.

[poolman]

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= We will continue tae generate much hot air but we have nae money.

[Treadstone]

Banderson Tweets at 9:19am

Barry Anderson ‏@BarryAnderson_827m
Some positive financial news emerging from #Hearts this morning. Full story in today's Edinburgh Evening News. #HMFC #SPL

He does say 'this morning' but I wouldn't be surprised if its the statement from the fans groups the other night.

[andrew70]

It's do with a sponsorship deal. The kind every other club gets every season. The only difference is it's deemed as massive news to try and paper up the massive cracks. They will never learn...

[ManBearPig]

Evening.news headline tonight-Hearts 7 fan groups agree allisbarrie although very complex

[Caversham Green]

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It's do with a sponsorship deal. The kind every other club gets every season. The only difference is it's deemed as massive news to try and paper up the massive cracks. They will never learn...

According to their website, Wonga are extending the sponsorship deal.

Surely they're not planning an article about that!

[#FromTheCapital]

Apparently fan groups have been working frantically behind the scenes to come up with a new cupcake recipe that will rival Krispy Kreme doughnuts. The bake sales are starting again just in time for the Easter weekend, hearts are saved

[Treadstone]

"Is this big enough to cover the debt?"

[greenginger]

The Ukio Bankas Admin. has given them another 30 days to come up with the £ 25 million outstanding.

He also says the Lith. government will pick up the bank charges when the money is sent.

[The Green Goblin]

Someone has come up with a scientific formula to explain all the complex stuff?