Share Transfers Agreed/Cooling off period

[Gus Fring]

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Simple question here..

Why hasn't there been one peep out of the media (TV or newspapers) about any of the talk that goes on in this section?

The media love a story like this but so far apart from a brief moment of hope regarding administration there has been not one word said.

Just askin like.....

The media rarely report on a club (or any business really) going bust until its on the verge of happening, (Rangers and Dunfermline are 2 perfect examples, HMV and Jessops are 2 good non football examples) Hearts reacted somewhat aggressively towards STV so this will have had an impact on others who want to print stories, true or not. The only 2 media outlets left covering Hearts financial issues are the BBC and the Evening News. Both of whom still think Romanov is in charge and the main reporter at the evening news covering this matter is Barry Anderson, who just rewrites whatever the BBC wrote that morning. He's contradicted himself so many times I've lost count.

There has been far more investigating here than in the press. It was this very thread that discovered their arrears with the council (that the media picked up on days later). Many posters are also keeping an eye on the news in Lithuania and the goings on at companies house.

[CropleyWasGod]

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The media rarely report on a club (or any business really) going bust until its on the verge of happening, (Rangers and Dunfermline are 2 perfect examples, HMV and Jessops are 2 good non football examples) Hearts reacted somewhat aggressively towards STV so this will have had an impact on others who want to print stories, true or not. The only 2 media outlets left covering Hearts financial issues are the BBC and the Evening News. Both of whom still think Romanov is in charge and the main reporter at the evening news covering this matter is Barry Anderson, who just rewrites whatever the BBC wrote that morning. He's contradicted himself so many times I've lost count.

There has been far more investigating here than in the press. It was this very thread that discovered their arrears with the council (that the media picked up on days later). Many posters are also keeping an eye on the news in Lithuania and the goings on at companies house.

On which note, the striking-off proposal is still there.

AH SAYS, BARRY, THE HEARTS ARE GONNY GET STRUCK OFF!!!!

Do you think that'll make tomorrow's EEN?

[Gus Fring]

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On which note, the striking-off proposal is still there.

AH SAYS, BARRY, THE HEARTS ARE GONNY GET STRUCK OFF!!!!

Do you think that'll make tomorrow's EEN?

Is there a reason it's still active? Is something going to happen with it or is it just tardiness on the part of whoever will stop it happening?

[CropleyWasGod]

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Is there a reason it's still active? Is something going to happen with it or is it just tardiness on the part of whoever will stop it happening?

I have only ever known HMRC to object to a striking-off proposal, but then they are the only people who actively review them.

I reckon it's just the slow-moving wheels of bureaucracy at HMRC that have slowed the objection process down.

That all said, I don't actually know when the proposal was made; the CH website isn't clear. Any objections have to made within 90 days, otherwise.... bang.

[Albanian Hibs]

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I just googled Are Hearts dead? Actually I googled are Zombies dead? and got

they are undead. They were once alive people . They died, and became a mobile dead body through a virus, disease, fungus, parasite or something else.

Replace parasite with Vlad and thats good enough for me. In fact do you need to make any changes?

This answers the often repeated question are they dead? No they are undead..people who were once alive but became infected.
To be fair to Zombies the yams have poorer dress sense, use fewer skin care products, are less co-ordinated, dont have their personal hygiene issues as sorted and look in two different directions at the same time. On a positive note our deluded friends have solved the problem of what do charities do with donated clothes that sub saharan tribesmen and Albanian travellers consider to be a bit naff and like the zombies and the daleks, they have contributed to an endless supply of u tube clips of them trying to unsuccessfully navigate stairs. I am sure I have seen more than one of the undead at the Wongadome.

Ahem!? I have never heard my husband refer to any item of clothing as naff! Please dont refer to us in the same sentence as they jambo tramps!

[OsloHibs]

Can someone "in the know" not just gie us the news we have been waiting for....that's it folks they are broon breed, kaput, finito, The pink wonga dome is being turned into an air raid shelter.

This is what I'm waiting for...
Who's buying all their cakes? Thought everyone in Edinburgh was into Krispy Kream now

[southsider]

Tell the jambo's....just gorget about football, get on yir hands and knees and crawl, coz vlads got ye fot the long hawl

[clerriehibs]

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I have only ever known HMRC to object to a striking-off proposal, but then they are the only people who actively review them.

I reckon it's just the slow-moving wheels of bureaucracy at HMRC that have slowed the objection process down.

That all said, I don't actually know when the proposal was made; the CH website isn't clear. Any objections have to made within 90 days, otherwise.... bang.

I appreciate all the info will be on post 1849 on page 287, but what exactly is a striking off proposal?

[Caversham Green]

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I appreciate all the info will be on post 1849 on page 287, but what exactly is a striking off proposal?

It's a statement of intent to delete a company from the Register of Companies - effectively to kill it off. It's usually used where a company has stopped trading and is no longer needed, but where a company consistently fails to produce accounts and annual returns within the statutory time limits the Registrar will start proceedings to strike it off.

[CropleyWasGod]

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It's a statement of intent to delete a company from the Register of Companies - effectively to kill it off. It's usually used where a company has stopped trading and is no longer needed, but where a company consistently fails to produce accounts and annual returns within the statutory time limits the Registrar will start proceedings to strike it off.

I have also known it to be used (not by my clients, of course!) as a tool of evading one's responsibilities and debts. Whether this is the case with HMFC is open to potentially libellous gossip.

[lord bunberry]

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It's a statement of intent to delete a company from the Register of Companies - effectively to kill it off. It's usually used where a company has stopped trading and is no longer needed, but where a company consistently fails to produce accounts and annual returns within the statutory time limits the Registrar will start proceedings to strike it off.

If they submit their accounts will the striking off procedure be cancelled automatically

[CropleyWasGod]

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If they submit their accounts will the striking off procedure be cancelled automatically

If that's the reason for the proposal, yes.

[Gus Fring]

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I have also known it to be used (not by my clients, of course!) as a tool of evading one's responsibilities and debts. Whether this is the case with HMFC is open to potentially libellous gossip.

Allegedly.

[Dr Jimmy]

Hearing that the yams lith big wigs (exc VR) are in town. Something is happening or being discussed. The young player of year event is not the reason.

Also heard they are not getting their share of the pooled cup final money until the sfa get some answers on questions they have raised on the yams "financial processes" around a player recently transferred.

Only passing on info, not suggesting I am ITK.

[HIBERNIAN-0762]

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Hearing that the yams lith big wigs (exc VR) are in town. Something is happening or being discussed. The young player of year event is not the reason.

Also heard they are not getting their share of the pooled cup final money until the sfa get some answers on questions they have raised on the yams "financial processes" around a player recently transferred.

Only passing on info, not suggesting I am ITK.

Thank goodness for some positive news!

[CropleyWasGod]

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Hearing that the yams lith big wigs (exc VR) are in town. Something is happening or being discussed. The young player of year event is not the reason.

Also heard they are not getting their share of the pooled cup final money until the sfa get some answers on questions they have raised on the yams "financial processes" around a player recently transferred.

Only passing on info, not suggesting I am ITK.

Not sure the SFA can do that for a competition that's not theirs.

[Dr Jimmy]

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Not sure the SFA can do that for a competition that's not theirs.

SFL then FFS........

[Keith_M]

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Not sure the SFA can do that for a competition that's not theirs.

I'm unsure about this but, aren't the SFL answerable to the SFA? Meaning, that the SFA have oversight of all other organisatons?

[CyberSauzee]

All transfer registrations must go through the SFA.

[HUTCHYHIBBY]

Thats Hearts now 17pts above Dundee, does anybody think they would get away with going into Admin in say the final week of the season if they are 20 or more pts above Dundee? Or would that be unworkable?

[bigwheel]

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Thats Hearts now 17pts above Dundee, does anybody think they would get away with going into Admin in say the final week of the season if they are 20 or more pts above Dundee? Or would that be unworkable?

You can't decide when to go into admin - you can either have the a funds to continue trading or you don't ...it's not a choice you make ....

[Treadstone]

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You can't decide when to go into admin - you can either have the a funds to continue trading or you don't ...it's not a choice you make ....

Leeds 2006-2007 would disagree. After it became apparent that they were relegated all bar the mathematics in this season. They went into admin to absorb the points penalty for that season and start 2007-2008 of a clean slate points wise.

[Aldo]

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Leeds 2006-2007 would disagree. After it became apparent that they were relegated all bar the mathematics in this season. They went into admin to absorb the points penalty for that season and start 2007-2008 of a clean slate points wise.

I really do think that this is what's going to happen. They're a bunch of cheating sneaky *******s ENDOF.

[PatHead]

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Leeds 2006-2007 would disagree. After it became apparent that they were relegated all bar the mathematics in this season. They went into admin to absorb the points penalty for that season and start 2007-2008 of a clean slate points wise.

...........and the Football League disagreed. If I remember correctly Leeds went into admin at half time on the final game of the season when all was lost. The Football league still imposed the penalty as effective from the next season. They didn't get away with it.

[Keith_M]

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You can't decide when to go into admin - you can either have the a funds to continue trading or you don't ...it's not a choice you make ....

I thought a company could actually make that decision for themselves, to voluntarily put themselves into Administration. Didn't Rangers do that very thing last season?

[Treadstone]

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...........and the Football League disagreed. If I remember correctly Leeds went into admin at half time on the final game of the season when all was lost. The Football league still imposed the penalty as effective from the next season. They didn't get away with it.

Good point although it was clear what their intention was, I was referring to the post about the voluntary/compulsory entering of administration.

[HUTCHYHIBBY]

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I thought a company could actually make that decision for themselves, to voluntarily put themselves into Administration. Didn't Rangers do that very thing last season?

That was my belief too when I made my previous post re Hearts.

[Gus Fring]

A company can go into administration when they choose. Leeds situation was because they obviously tried to skirt the rules. The SPL probably wouldn't have the stones to do the same.

Hearts most selfish option would be to do it days before the last game of the season if/when they are mathematically clear of Dundee (they're currently 14 points clear, they need to be at least 18)

[CropleyWasGod]

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You can't decide when to go into admin - you can either have the a funds to continue trading or you don't ...it's not a choice you make ....

Yes you can.

[greenginger]

And coming out of admin. might not be the painless experience hoped for.

Their cousins from Govan will testify to that !