Share Transfers Agreed/Cooling off period

[JeMeSouviens]

No WUP in the Edinburgh Gazette - first piece of bad news in a while. They're going to squirm out of this aren't they?

[HFC 0-7]

I thought they were already under a transfer embaro for not paying PAYE?

[carnoustiehibee]

@Oddschanger: #Hearts have been cut to 7/4 from 12/1 to finish bottom of the SPL including a bet of £2000 at 3/1 - (http://t.co/RAdtjqstqO)

[hibby rae]

http://www.heartsfc.co.uk/articles/2...2241384_730590

[Gus Fring]

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Looks from the BBC report that it would be lifted when its finally paid, but that it also a breach of rules that would need to be addressed at a hearing. Depends how quickly the hearing could be held as to whether they have any chance of registering a player ever again.

I just don't see why this is kept going now, season ticket money should last the majority of the season so they are not going to be able to contemplate meeting their fixtures.

Nobody can stop it, it must be allowed to run its natural course. Once the new season starts Hearts would have many more income streams than they have just now including a substantial payment from the SPL. A hearing will be set for the near future to determine what punishment will be given to Hearts for non-payment of wages.

[SaulGoodman]

Meanwhile George also confirmed news of Hearts stadium and commercial intentions. He said: "At the moment we have two plans for Tynecastle. Plan A is redeveloping the old stand plus associated development of the other three stands, within the footprint of the current stadium. That would bring us up to 24- 25,000. Plan B has resulted from suggestions by the architects, that with the acquisition of a bit more land on this site we could build a stadium of about 38-39,000. We need to generate the revenue to service the extra cost. We are also going to be opening a superstore in Edinburgh city centre. "I think Hearts is a sleeping giant, with a huge potential, if you look at the interest we have had at Cup Finals and European games. We have to figure out how best to realise that potential."

[Time For Heroes]

How many times has this thread title changed in the last couple of weeks? Key indicator that things are moving a lot faster than before!
I'm enjoying this!
:D

[greengnome]

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Listen to this cracker!:

Listen to this cracker!:


Fantastic if we get out of this with no debt whilst H1b5 with their pidly wee support just keep mounting up their debts. And lets not forget if TFarmer hadn't stepped in years ago they would have been long gone! Not a good situation, I know, as I would have missed the regular 'filleting' of the wee team!

Another cracker post on pishedmybreeksback...... Its our club..... Eh? Is it?
It nearly, but didn't bring a tear to my eye.... (It did actually, but tears of laughter).......

[HibeeMG]

If things go how we hope, who was the last ever Hearts player brought in?

Could be a quiz question in the future.

[Pretty Boy]

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Listen to this cracker!:

They really seem to struggle with the concept of a manageable, structured debt repayable at regular intervals under agreed terms, which every business has, and the absolute financial shambles they are in.

When we stop paying wages and face weekly winding up orders then I will entertain criticism of Hibs finances from them.

Until then they can shut the **** up.

[Time For Heroes]

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If things go how we hope, who was the last ever Hearts player brought in?

Could be a quiz question in the future.

Seriously stupid question
Danny Wilson Duh!





Aye we've no given him a contract likes but he's our ****in player, 5-1 and all that, were that big that we don't need contracts!


What?! We can't sell him?
Eh? 1902! Skacel etc etc
Haha ****in big club my arse!

[hibsdaft70]

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http://www.heartsfc.co.uk/articles/2...2241384_730590

Comedy Gold!

[green glory]

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Seriously stupid question
Danny Wilson Duh!

Aye we've no given him a contract likes but he's our ****in player, 5-1 and all that, were that big that we don't need contracts!

What?! We can't sell him?
Eh? 1902! Skacel etc etc
Haha ****in big club my arse!

He was never registered, so not him.

[Andy74]

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If things go how we hope, who was the last ever Hearts player brought in?

Could be a quiz question in the future.

I think N'Goo was the last player registered? Good times.

[MurrayfieldHibs]

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The 'sell Tynecastle/move to Murrayfield now' thread is truly a thing of great beauty.

Not if you live in Murrayfield!!! **** off ya groggie wasters

[robinp]

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I think N'Goo was the last player registered? Good times.

Racccccist. Reported.

[SaulGoodman]

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He was never registered, so not him.

Whoosh

[Dashing Bob S]

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He was never registered, so not him.

Who was the last Hearts employee on the register, would be a more pertinent pub quiz question.

[HibeeMG]

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Who was the last Hearts employee on the register, would be a more pertinent pub quiz question.

Jeez! Too many to choose from. Quiz questions tend to be easier than that.

[HibeeMG]

Okay, who was the last non-loan, actually registered, bona fide Hearts player?

That person should forever be pointed at and laughed at.

[clerriehibs]

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No WUP in the Edinburgh Gazette - first piece of bad news in a while. They're going to squirm out of this aren't they?

Has Hector missed a trick?

[Dashing Bob S]

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Jeez! Too many to choose from. Quiz questions tend to be easier than that.

Some would say Rix, but it's probably Craig Thomson.

[Andy74]

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The 'sell Tynecastle/move to Murrayfield now' thread is truly a thing of great beauty.

You would think by some sort of law of averages just one of them would have a clue. Evidently not.

Somone actually said going to Murrayfield would be bad option because they would be dead within 5 years.

5 years!!!

[MurrayfieldHibs]

If Hertz go bust and re-form would they come back as Budget?

Just asking.

[Andy74]

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Okay, who was the last non-loan, actually registered, bona fide Hearts player?

That person should forever be pointed at and laughed at.

Ryan Stevenson last player they own that they have registered I think?

N'Goo last player in but on loan?

[JeMeSouviens]

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Has Hector missed a trick?

Most of the petitions advertised today were presented to the court a couple of weeks ago so we probably have a wee wait unless something else busts them in the meantime.

[robinp]

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Ryan Stevenson last player they own that they have registered I think?

N'Goo last player in but on loan?

Oh the irony!!!

[Mon Dieu4]

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The 'sell Tynecastle/move to Murrayfield now' thread is truly a thing of great beauty.

Haha love the guy on Brokeback who wants to move to Murrayfield as you could drink pints while watching games there but you can't at Tynie, WTF!!

[WhileTheChief..]

July 2011 Papers are lodged by Her Majesty's Revenue and Customs (HMRC) over a £200,000 tax debt.
Hearts settle out of court on 16 August 2011, but relations with the tax authorities become fractious.

November 2011 Hearts try to drastically reduce costs as majority shareholder, Vladimir Romanov, cuts external funding for the football club. The club settles a tax bill of £1m with HMRC but cannot afford to pay their staff for the second month in succession.

December 2011 Ryan Stevenson effectively goes on strike, withdrawing himself for family reasons after three months of wage delays. He later joins Ipswich before returning seven months later.

February 2012 The club staves off a third winding-up order from HMRC in the space of four months after making an 11th hour payment to the tax authorities.

October 2012 HMRC claim Hearts owe £1.75m in unpaid tax relating to loans from the Lithuanian club FBK Kaunas, also owned by Romanov at the time. The club are placed under a 60-day transfer embargo by the Scottish Premier League after not paying wages on time.

November 2012 Director Sergejus Fedotovas warns Hearts are on death's door following a winding-up order issued by HMRC over arrears of £450,000. Foundation of Hearts sees a takeover bid for the club fail. Fedotovas accuses the group of "a staggering misjudgement of the value of the club".

December 2012 More than £1m is raised through a share issue to keep the club afloat, although it is £800,000 below the ambitious target set by the club's hierarchy. The transfer embargo levied on Hearts in October is extended.

February 2013 Vladmir Romanov's stricken bank Ukio Bankas, which holds £15m of Hearts' total £25m debt and 29.9% of the shares in the club, enters administration.

May 2013 Ukio Bankas is declared bankrupt, subject to appeal, while majority shareholder UBIG declares itself insolvent. However, Hearts escape relegation after the SPL decides this does not amount to an insolvency event.

June 2013 The decision to declare Ukio Bankas bankrupt is upheld as Hearts struggle to meet a £100,000 payment due to HMRC and upcoming wage demands. The club announce the whole squad is for sale and they suggest sluggish season ticket sales are to blame.




Source - The Herald

[Andy74]

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Oh the irony!!!

" Stevenson had quit Tynecastle following a dispute over unpaid wages but told Hearts' website: "I'm excited at the prospect of returning to the club.

"Naturally, the circumstances of my previous departure might have made this move seem unlikely, but I want to assure everyone that I am only focused on playing and winning with Hearts.

"I am delighted to be here." "