Share Transfers Agreed/Cooling off period

[Capt Mainwaring]

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Isn't it strange that there have been no protests outside Tynecastle this week, or during this whole remarkable recent episode. Even Dunfermline had that, and the Rangers fans were there regularly. Do they not care? Do they feel the board have done nothing wrong? Can anyone explain why the fans are not up in arms over this dripping death of their club....I can't understand why they aren't furious and seeking to make some demands...

Absolutely spot on. The Hearts Board ( including the perceived "Good Guy" David Southern) should be prosecuted for criminal neglect of their Directorship responsibilities. Utter shambles of a club and they way their financial affairs have been mismanaged and the Jams are prepare to accept the position because they've won 2 Scottish cups under the Romanov regime

However not to worry they only owe the debt to themselves apparently so no big deal.

[rcarter1]

What about this for a comment (JKB of course):

"Can I be controversial and say the spl is not surviving without rangers. It's scrapping by. Is anyone apart from Inverness and Motherwell looking forward to them in Europe representing Scottish football.

I think this is why people are saying the spl can't survive losing hearts and rangers. The brand is damaged and is losing value every year rangers aren't in it. Losing hearts, Aberdeen or even hibs would weaken it further.

I'm not saying rangers should have been put straight back into the spl nor am I saying hearts shouldn't be relegated.

That being said I have been off the opinion for years now that the spl should have been restructured based on value not merit. The clubs with the biggest crowds. Yes elitism but done so to protect the brand. A brand that is now only worth what is worth for celtic, hearts, hibs, Aberdeen and the Dundee derbies. "

The bold bit can only be the utterings of W Mercer from beyond the grave.

The next bit is just funny..

"Genuine question if we get the deduction now and we get relegated, what sort of deduction would we get next season if the wrangling in Lithuania is sorted out and we we have to start paying back debt at a greater rate (tbh I'm clueless on this front as I've struggled to follow it)

Second point what happens if we stay up get a points deduction to start off then the above scenario occurs does that mean a double deduction or does it group into the same thing as it is during the same season? "

[bighairyfaeleith]

stick money on Aberdeen tomorrow I reckon, no way hearts want to accumulate any more points

[HUTCHYHIBBY]

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Isn't it strange that there have been no protests outside Tynecastle this week, or during this whole remarkable recent episode. Even Dunfermline had that, and the Rangers fans were there regularly. Do they not care? Do they feel the board have done nothing wrong? Can anyone explain why the fans are not up in arms over this dripping death of their club....I can't understand why they aren't furious and seeking to make some demands...

Its too late now, what a shame!

[Spike Mandela]

So after a few dozen pages has anything of note actually happened today?

[Dashing Bob S]

A lot of folks wondering why there are no protests in Gorgie about the current Hearts plight.

Well, my take is that it's hard for anybody to protest against their own idiocy. Those clowns bought into this nonsense and it's this nonsense that is currently ramming them big time.

Yes, there are still some pathetic specimens on Kickback who insist on continually poking electrical power sockets with safety pins and wondering why their arm is in paralysis.

However, most Los Yambolinos had an overdose on hubris and now can do and say absolutely nothing at all.

And that sound of silence, of vacant, posturing, slavering idiots finally saying nothing, well, that's the sweetest music of all.

[Phil D. Rolls]

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On your way to Hampden last May, if some Faustian geezer had come up you and proposed a deal: take a beating today - a real bad beating - and in return they'll be dead within the year.

Wouldn't you just have bitten his hand off?

One of those "crossroads" moments.

I prefer to think I'd have told this bloke to do one. Supposing he had offered us the cup, if we accepted what's happened to them?

Nah, only idiots do deals with Vlad and Faust.

[NOLA]

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stick money on Aberdeen tomorrow I reckon, no way hearts want to accumulate any more points

ive got aberdeen/dundee double, bomber broon will have the peh men steaming into tackles no surrender style, as much as our players want to win i reckon some will bottle the tackles, noone wants to miss the final now, get through the game unscathed and thats a good result.

[Sergey]

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A lot of folks wondering why there are no protests in Gorgie about the current Hearts plight.

Well, my take is that it's hard for anybody to protest against their own idiocy. Those clowns bought into this nonsense and it's this nonsense that is currently ramming them big time.

Yes, there are still some pathetic specimens on Kickback who insist on continually poking electrical power sockets with safety pins and wondering why their arm is in paralysis.

However, most Los Yambolinos had an overdose on hubris and now can do and say absolutely nothing at all.

And that sound of silence, of vacant, posturing, slavering idiots finally saying nothing, well, that's the sweetest music of all.

How very, very true, DBS.

To simply sit back and watch them in their final death-throws without the merest whimper of disdain or displeasure speaks absolute volumes of how far that bunch of so-called supporters have sunk.

For them - the war is well and truly over and their McCrae's Battalion lot must be turning in their graves in shame.

[heid the baw]

An interesting article on Celtic Quick News (bear with me) looking at infrastructure costs of Sevco in 2012.

It brings into sharp focus the yam predicament even if they do survive. The ostriches seem to believe they are miraculously self sufficient and that think losing a few more high earning players will make everything barry. If only life was that simple.

I would imagine that even if take the figures here and scale them down, it still makes the over-simplistic yakonomics look laughable. FoH back of fag packet sums based on pledges ect are wholly unrealistic.

The article also gives an insight into the plate spinning the tache and other chairman like Brown, McGregor, Cameron, Thomson ect have to deal with.

http://www.celticquicknews.co.uk/?p=12867

[Caversham Green]

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Are Ubig and Ukio both secured creditors? Will they have a vote on a potential CVA?

On this and your subsequent discussion, my understanding (although I might be wrong) is that both UBIG and Ukio hold securities over HoMFC's assets. Ukio's is a first claim on a specified amount of £6.8m plus interest and charges (this raises further questions about the fact that the debt itself is £15m and HoMFC are actually paying the interest, but that's a whole new can of pigeons) and UBIG's is a blanket one over the rest.

That takes both out of any CVA vote and leaves nothing for ordinary creditors unless they can get some mug to put up a whack of cash to buy the club. If that happened and they managed to persuade the ordinary creditors (probably dominated by HMRC) to accept a CVA, the debts and securities would remain in place unless a deal could also be done with the administrators of both companies. Liquidation seems far more likely to me.

[greiggy]

That is ridiculous. No. I'd rather we'd won the cup, become the better team in derbies long into the future, and in both aspects we'd all be feeling much better. Take away the derbies and, for the matter, rangers games, then the excitement does diminish somewhat. The gloating since last May has been hard to take but not to the extent I'd see them removed from the map. Why an Edinburgh football fan would think that will make what we watch every week better and more interesting I just don't get. Why don't we get rid of Celtic too then it'll be a really great league. Parochial bitter nonsense. First post in years. Probably last.

[greiggy]

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That is ridiculous. No. I'd rather we'd won the cup, become the better team in derbies long into the future, and in both aspects we'd all be feeling much better. Take away the derbies and, for the matter, rangers games, then the excitement does diminish somewhat. The gloating since last May has been hard to take but not to the extent I'd see them removed from the map. Why an Edinburgh football fan would think that will make what we watch every week better and more interesting I just don't get. Why don't we get rid of Celtic too then it'll be a really great league. Parochial bitter nonsense. First post in years. Probably last.

Sorry cant work the system here. This was in response to the earlier post suggesting we would accept last years 5-1 in return for hearts demise. Absolute bollx.

[LancsHibs]

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On your way to Hampden last May, if some Faustian geezer had come up you and proposed a deal: take a beating today - a real bad beating - and in return they'll be dead within the year.

Wouldn't you just have bitten his hand off?

Only if I could have a guarantee of knocking them out of the cup within the same year......
Oh hang on a minute

[heid the baw]

No posts in years.... then 2 on the bounce.
Welcome back Grieggy

[Iwastherein73]

I think we should copy the English example and sing Abide with me before the final _ we could dedicate it to our Georgie chums

[greiggy]

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No posts in years.... then 2 on the bounce.
Welcome back Grieggy

I'm on fire. That's three!

[Ozyhibby]

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On this and your subsequent discussion, my understanding (although I might be wrong) is that both UBIG and Ukio hold securities over HoMFC's assets. Ukio's is a first claim on a specified amount of £6.8m plus interest and charges (this raises further questions about the fact that the debt itself is £15m and HoMFC are actually paying the interest, but that's a whole new can of pigeons) and UBIG's is a blanket one over the rest.

That takes both out of any CVA vote and leaves nothing for ordinary creditors unless they can get some mug to put up a whack of cash to buy the club. If that happened and they managed to persuade the ordinary creditors (probably dominated by HMRC) to accept a CVA, the debts and securities would remain in place unless a deal could also be done with the administrators of both companies. Liquidation seems far more likely to me.

That's the kind of reply I was looking for. :-)

[TariqE]

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That is ridiculous. No. I'd rather we'd won the cup, become the better team in derbies long into the future, and in both aspects we'd all be feeling much better. Take away the derbies and, for the matter, rangers games, then the excitement does diminish somewhat. The gloating since last May has been hard to take but not to the extent I'd see them removed from the map. Why an Edinburgh football fan would think that will make what we watch every week better and more interesting I just don't get. Why don't we get rid of Celtic too then it'll be a really great league. Parochial bitter nonsense. First post in years. Probably last.

I understand what you're saying. But would argue that we have been DIRECT victims of their actions.

I'll retain my partizan attitude and say, "**** them. When it happens, I will laugh"

[Saorsa]

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That is ridiculous. No. I'd rather we'd won the cup, become the better team in derbies long into the future, and in both aspects we'd all be feeling much better. Take away the derbies and, for the matter, rangers games, then the excitement does diminish somewhat. The gloating since last May has been hard to take but not to the extent I'd see them removed from the map. Why an Edinburgh football fan would think that will make what we watch every week better and more interesting I just don't get. Why don't we get rid of Celtic too then it'll be a really great league. Parochial bitter nonsense. First post in years. Probably last.

20 odd years ago they thought it would be better, **** h****s


Love Hibs, hate h****s and if that makes me bitter I can live with it

[PapillonVert]

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How very, very true, DBS.

To simply sit back and watch them in their final death-throws without the merest whimper of disdain or displeasure speaks absolute volumes of how far that bunch of so-called supporters have sunk.

For them - the war is well and truly over and their McCrae's Battalion lot must be turning in their graves in shame.

But, oh my giddy aunt, did we not on countless occasions try to tell them about the whole folly of what was happening? And how they mocked us and told us that when they were competing with the likes of Real Madrid, Barcelona and Man U how easy it would be to forget they ever had a rivalry with the wee team and how they'd moved on bla bla bla

Yeah, right.

HMFC - you're getting what's coming and, hey, no-one deserves it more.

[jabis]

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I'm on fire. That's three!

jeezo,I wish you would shut up

[s.a.m]

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I understand what you're saying. But would argue that we have been DIRECT victims of their actions.

I'll retain my partizan attitude and say, "**** them. When it happens, I will laugh"

I'm up for a bit of parochial bitterness too. This hasn't been a 'victim-free' crime, either on the football front or the financial one. Dishonest means have been used to gain competitive advantage, and how they've lapped it up and revelled in it.

[Baldy Foghorn]

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That is ridiculous. No. I'd rather we'd won the cup, become the better team in derbies long into the future, and in both aspects we'd all be feeling much better. Take away the derbies and, for the matter, rangers games, then the excitement does diminish somewhat. The gloating since last May has been hard to take but not to the extent I'd see them removed from the map. Why an Edinburgh football fan would think that will make what we watch every week better and more interesting I just don't get. Why don't we get rid of Celtic too then it'll be a really great league. Parochial bitter nonsense. First post in years. Probably last.

I am a Hibs supporter, I despise Hertz, have done since my first derby in 1983, I've put up with them shouting guff, from that day onwards. Nobody is to blame for their situation but themselves, they were happy to be fed crap from Vlad, and thought he was the bees knees.....Now the recklessness of his "game", is coming home to roost......Unhappy? No I will do a victory dance on their grave.......The quicker they are obsolete the better I will feel......

[Saorsa]

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I am a Hibs supporter, I despise Hertz, have done since my first derby in 1983, I've put up with them shouting guff, from that day onwards. Nobody is to blame for their situation but themselves, they were happy to be fed crap from Vlad, and thought he was the bees knees.....Now the recklessness of his "game", is coming home to roost......Unhappy? No I will do a victory dance on their grave.......The quicker they are obsolete the better I will feel......

get in the queue

[rcarter1]

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That is ridiculous. No. I'd rather we'd won the cup, become the better team in derbies long into the future, and in both aspects we'd all be feeling much better. Take away the derbies and, for the matter, rangers games, then the excitement does diminish somewhat. The gloating since last May has been hard to take but not to the extent I'd see them removed from the map. Why an Edinburgh football fan would think that will make what we watch every week better and more interesting I just don't get. Why don't we get rid of Celtic too then it'll be a really great league. Parochial bitter nonsense. First post in years. Probably last.

Agree with the sentiment that life is actually more fun with Hearts and Rangers to be the bad guys. However they shouldnt be able to slide out of their financial puddle unscathed.

[s.a.m]

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A lot of folks wondering why there are no protests in Gorgie about the current Hearts plight.

Well, my take is that it's hard for anybody to protest against their own idiocy. Those clowns bought into this nonsense and it's this nonsense that is currently ramming them big time.

Yes, there are still some pathetic specimens on Kickback who insist on continually poking electrical power sockets with safety pins and wondering why their arm is in paralysis.

However, most Los Yambolinos had an overdose on hubris and now can do and say absolutely nothing at all.

And that sound of silence, of vacant, posturing, slavering idiots finally saying nothing, well, that's the sweetest music of all.

Poetry, Bob.
Both insightful and lyrical.

[s.a.m]

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Agree with the sentiment that life is actually more fun with Hearts and Rangers to be the bad guys. However they shouldnt be able to slide out of their financial puddle unscathed.

I'm thinking 'swamp' works better here. Or 'stagnant ditch-water'. Or 'sewer'.

[greiggy]

So let me get this straight. My scenario is winning last year against our biggest rivals and the dominating for the years to come. You guys prefer we lose 5-1 and then we never have any derbies going forward? Your scenario is the better one? i may be thicker than a whale omelette but that can't be right. ****, that's four last ever posts. I'll go to bed now.

[ScottB]

Thing is, if we'd won the cup last year, they'd probably already be dead.

Take away the prize money, the euro tie, the season ticket sales, merchandise, boost it gave to their bake sales etc and I doubt they'd still be staggering on.


Their demise will be sweet, no mistake, it doesn't make up for last years disaster though, but it'll sure take the edge off it!