Share Transfers Agreed/Cooling off period

[Keith_M]

Anybody can write anything online. Nobody should take any notice of the cr*p people put on Twitter.

[Saorsa]

so they're no deid yet

[#FromTheCapital]

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Anybody can write anything online. Nobody should take any notice of the cr*p people put on Twitter.

Especially when this person supports the team who would benefit the most if the rumour was actually true.

[Sanger]

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Especially when this person supports the team who would benefit the most if the rumour was actually true.

Lithuanian central bank starts official bankruptcy proceedings against UB after administrator determines $463 million hole in balance sheet. Means they will start selling assets against unrecoverable loans (Hearts whose loan expires in the summer). May not be unlinked to the Twitter rumour as administration would give some protection or rather time against seizure of Tynecastle and Romanov's shares for sale and give time to find buyer or somewhere else to play.

[Ozyhibby]

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Especially when this person supports the team who would benefit the most if the rumour was actually true.

Hard to think of anyone gaining any more benefit than the boost in happiness I'll get when it happens.

[Hibrandenburg]

So another non story?

[greenginger]

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So another non story?

There is always Panorama BBC 1 tonight at 8.30. Having an in depth look at what Russian criminal gangs are doing in the U K.

May'be Vlad and the Gorgie Laundrette, sorry Ukio Bankas, will get a mention in dispatches.

[blindsummit]

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Lithuanian central bank starts official bankruptcy proceedings against UB after administrator determines $463 million hole in balance sheet. Means they will start selling assets against unrecoverable loans (Hearts whose loan expires in the summer). May not be unlinked to the Twitter rumour as administration would give some protection or rather time against seizure of Tynecastle and Romanov's shares for sale and give time to find buyer or somewhere else to play.

This makes some sense to me, if it is a move to prevent the assets (well the pink bus shelter really, it's the only asset) being swiftly sold out from under them. However I expect they'll blindly stumble on in hope of a miracle rather than face up to the fact they are insolvent and daffy ducked.

[s.a.m]

Below is a series of tweets posted this evening by Ewan Murray, which I've made a complete dog's breakfast of trying to copy and paste. Does anyone know what he's on about ?



"Ewan Murray‏@mrewanmurray1h


@StewartGilmour1 Stewart, is it not odd that Richard Atkinson, a director of SMFC, can be Supporters Direct's man "inside" Hearts talks?


Richard Atkinson's group failed with a takeover bid at St Mirren, as per here http://www.bbc.co.uk/sport/0/football/19595121 … ... is a director of St Mirren...


Yet can turn up at meetings such as last Friday with Hearts supporters bodies as Supporters Direct's man related to a Hearts takeover?


In short, Hearts' attempted moulding of a supporter, ahem, "buy out" is spurious. As I reckon will be proven pretty soon."

[CropleyWasGod]

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Below is a series of tweets posted this evening by Ewan Murray, which I've made a complete dog's breakfast of trying to copy and paste. Does anyone know what he's on about ?



"Ewan Murray‏@mrewanmurray1h


@StewartGilmour1 Stewart, is it not odd that Richard Atkinson, a director of SMFC, can be Supporters Direct's man "inside" Hearts talks?


Richard Atkinson's group failed with a takeover bid at St Mirren, as per here http://www.bbc.co.uk/sport/0/football/19595121 … ... is a director of St Mirren...


Yet can turn up at meetings such as last Friday with Hearts supporters bodies as Supporters Direct's man related to a Hearts takeover?


In short, Hearts' attempted moulding of a supporter, ahem, "buy out" is spurious. As I reckon will be proven pretty soon."

Perhaps suggesting that Atkinson is also in for Hearts?

Or, rather, in for those shares that can't be sold.

[Aldo]

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Perhaps suggesting that Atkinson is also in for Hearts?

Or, rather, in for those shares that can't be sold.

CWG. They probably don't even realise this.
#headinthesand

[Centre Hawf]

Let me get this right, if Hearts accounts are signed off on the basis that Ukio Bankas support them financially and then Ukio Bankas go bankrupt then Hearts should be in no condition to survive/trade/be solvent?

[DaveF]

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Let me get this right, if Hearts accounts are signed off on the basis that Ukio Bankas support them financially and then Ukio Bankas go bankrupt then Hearts should be in no condition to survive/trade/be solvent?

It was support from UBIG not UKIO.

[hibs0666]

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Let me get this right, if Hearts accounts are signed off on the basis that Ukio Bankas support them financially and then Ukio Bankas go bankrupt then Hearts should be in no condition to survive/trade/be solvent?

Accounts were signed off on the basis that UBIG, not Ukio Bankas, would continue to support them. No doubt the auditors will come out with some weasly words, rather than saying that the club is a financial basket case, in order to get paid for the audit.

[CropleyWasGod]

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Let me get this right, if Hearts accounts are signed off on the basis that Ukio Bankas support them financially and then Ukio Bankas go bankrupt then Hearts should be in no condition to survive/trade/be solvent?

UKIO Bankas are already in administration.

Assuming you mean UBIG, though, they have already said they wouldn't support Hearts financially.

[Gus Fring]

The silence from journalists on this matter is deafening. You would expect, given how much it's been discussed on Twitter that at least one would say "No truth in that rumour" or similar. My guess is that they know what's coming but don't want to jump the gun for fear of getting the same treatment as STV.

Tomorrow could be very interesting

[Mac]

Not sure but rumour has it Hearts have asked the question about administration due to being safer with UK based administrators than what would happen should UBIG go down, it would be dangerous should they be under Lithuanian control.

2nd point is the massively reduced ticket prices, it screams desperately needing any cash whatsoever, when have they ever reduced ticket prices to such an extent, they normally ask top
Dollar.

[CropleyWasGod]

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Not sure but rumour has it Hearts have asked the question about administration due to being safer with UK based administrators than what would happen should UBIG go down, it would be dangerous should they be under Lithuanian control.

2nd point is the massively reduced ticket prices, it screams desperately needing any cash whatsoever, when have they ever reduced ticket prices to such an extent, they normally ask top
Dollar.

Any administration of HMFC would have to be done in accordance with UK law. Accordingly, pretty sure it would have to be a UK-based Insolvency Administrator.

The administrator would, of course, still have to deal with the administrator(s) of UKIO and, presumably, UBIG.

[Mikey]

The amount of detail in this rumour suggests there's something brewing. To have a name for the Administrator makes me think that things are moving.

[LancashireHibby]

If an administrator has been appointed then I would expect something imminently, purely for logistical reasons.

[Coco Bryce]

No smoke without fire. They are up to something over there. Think the Dundee result put a bit of a spanner in the works imo

[JeMeSouviens]

Suppose they might've been hoping to be clear enough of Dundee by now to safely take the hit. Maybe the plan has always been to shaft HMRC before the May instalment and they've just waited hoping Dundee would have given up by now?

[Part/Time Supporter]

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Below is a series of tweets posted this evening by Ewan Murray, which I've made a complete dog's breakfast of trying to copy and paste.

He's asking whether there is a conflict of interest in a director (Atkinson) of another SPL club (St Mirren) trying to arrange a takeover of HMFC. He doesn't think it will go anywhere though.

[Treadstone]

So if Barrys to be trusted its AGM in the morning and share certificates posted oot in the afternoon!

[WestEndHibee]

Little look over at Kickback to see what their views are and the thread of most concern is... "5-1 around the world" with the rumours not getting any airtime at all. I know all is Barry but you would expect some kind of acknowledgement. Ostriches are beginning to get a bad name.

[Ozyhibby]

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Little look over at Kickback to see what their views are and the thread of most concern is... "5-1 around the world" with the rumours not getting any airtime at all. I know all is Barry but you would expect some kind of acknowledgement. Ostriches are beginning to get a bad name.

Think they censor all admin talk over there now. There was a thread their this afternoon but it was taken down quick sharp.

Can someone spill the beans on the specifics of this rumour? Who are the admins said to be appointed?

[Gus Fring]

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Little look over at Kickback to see what their views are and the thread of most concern is... "5-1 around the world" with the rumours not getting any airtime at all. I know all is Barry but you would expect some kind of acknowledgement. Ostriches are beginning to get a bad name.

They had an entire thread on it this afternoon but it was deleted

[WestEndHibee]

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They had an entire thread on it this afternoon but it was deleted

Ahh that explains it. Ostriches recover their name slightly.

[matty_f]

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They had an entire thread on it this afternoon but it was deleted

#allisbarry

[silverhibee]

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#allisbarry

#allisnotbarry