Share Transfers Agreed/Cooling off period

[Beefster]

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Brian McLaughlin reporting on Sportsound that the HMRC bill was £104,000 and they paid half.

He also reports SIX interested parties for taking over. Scandics, FoH , a London based consortium and three American ones (all based on the eastern seaboard).

Does seem to be one of the only ones that has a grasp of the assets being frozen. He has been with the Scotland rugby team for ten days so take some of this with a pinch of salt.

Rangers struggled to get a buyer and they were guaranteed to make money. This idea that there are consortia from all over the globe desperate to buy Hearts is utter pish.

[Gus Fring]

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Brian McLaughlin reporting on Sportsound that the HMRC bill was £104,000 and they paid half.

He also reports SIX interested parties for taking over. Scandics, FoH , a London based consortium and three American ones (all based on the eastern seaboard).

Does seem to be one of the only ones that has a grasp of the assets being frozen. He has been with the Scotland rugby team for ten days so take some of this with a pinch of salt.

He's the same guy who said the day before the League Cup final that Supporters Direct were about to gain control. Given Hearts themselves were only aware of 2 potential buyers as of yesterday morning I don't know how that fat pie has gotten wind of more of them.

I Don't believe him.

[JMac]

http://www.youtube.com/watch?v=mM5YDI7ttME


Over the last year or so this song, "Vlad the Impaler" by Kasabian has become one of my favourites. Cannot think why...? Anyone else?

[Thecat23]

At least six interested parties are considering a potential takeover of Hearts, BBC Scotland has learned.
Three potential bidders are based in North America, another in Scandinavia and there are two UK-based groups, including the Foundation of Hearts.
The latter, comprised of fans, is hopeful of making a bid before July.
However, as things stand, no buyer is able to buy the controlling stake in the club as the majority of club shares are split between two companies.
Ukio Bankas have been declared insolvent and the liquidator of the Lithuanian bank can sell the 29.9% shareholding they have in Hearts as well as Tynecastle Stadium, which was held as security for the debt of £15m owed by Hearts to Ukio Bankas.
HEARTS' PRIZED ASSETS?
Jamie MacDonald
Jason Holt
Ryan Stevenson
Kevin McHattie
Callum Paterson
Jamie Hamill
Jamie Walker
The Lithuanian authorities are understood to be keen for matters with Ukio Bankas to be settled soon.
Around 50% of the club's shares are owned by UBIG, a Lithuanian investment company. Although UBIG have gone to the Lithuanian government to declare themselves insolvent, this has not, as yet, been ratified by the relevant court.
A liquidator with the power to sell UBIG's Hearts shares will only be appointed if the company's bankruptcy is formalised.
All the assets of UBIG have been frozen by the Lithuanian courts.
One probable scenario is that, once UBIG's insolvency is ratified, the liquidators of both that firm and Ukio Bankas will agree a package for sale.
This could be done without placing the club in administration but attempts to move Hearts into the hands of new owners more speedily would make an insolvency event more likely.
Were Hearts to be in administration after season 2013-14 has begun, a points deduction of 15 points would be incurred.
The Tynecastle outfit have put their entire squad up for sale , with £500,000 needed to keep the club running over the summer.

[Leithenhibby]

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At least six interested parties are considering a potential takeover of Hearts, BBC Scotland has learned.
Three potential bidders are based in North America, another in Scandinavia and there are two UK-based groups, including the Foundation of Hearts.
The latter, comprised of fans, is hopeful of making a bid before July.
However, as things stand, no buyer is able to buy the controlling stake in the club as the majority of club shares are split between two companies.
Ukio Bankas have been declared insolvent and the liquidator of the Lithuanian bank can sell the 29.9% shareholding they have in Hearts as well as Tynecastle Stadium, which was held as security for the debt of £15m owed by Hearts to Ukio Bankas.
HEARTS' PRIZED ASSETS?
Jamie MacDonald
Jason Holt
Ryan Stevenson
Kevin McHattie
Callum Paterson
Jamie Hamill
Jamie Walker
The Lithuanian authorities are understood to be keen for matters with Ukio Bankas to be settled soon.
Around 50% of the club's shares are owned by UBIG, a Lithuanian investment company. Although UBIG have gone to the Lithuanian government to declare themselves insolvent, this has not, as yet, been ratified by the relevant court.
A liquidator with the power to sell UBIG's Hearts shares will only be appointed if the company's bankruptcy is formalised.
All the assets of UBIG have been frozen by the Lithuanian courts.
One probable scenario is that, once UBIG's insolvency is ratified, the liquidators of both that firm and Ukio Bankas will agree a package for sale.
This could be done without placing the club in administration but attempts to move Hearts into the hands of new owners more speedily would make an insolvency event more likely.
Were Hearts to be in administration after season 2013-14 has begun, a points deduction of 15 points would be incurred.
The Tynecastle outfit have put their entire squad up for sale , with £500,000 needed to keep the club running over the summer.

Help ma boab ...............

[clerriehibs]

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Attachment 10253

Thayt's unnecessary. That girl is a real and missing person, with a very worried family, and absolutely nothing to do with the homfc circus.

Not funny.

[Kaiser1962]

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Even then Sir Tom was still acting as a businessman and knew he would get his outlay back. No one putting even a penny into the Yams is going to see it ever again

That particular statement has been debated on here at various times over the years.

Personally I think it is unlikely although we will not know for sure until that time comes.

As for the Yams it depends on what the Lithuanians are prepared to accept.

[steakbake]

Poor call on the Russian dancer. She's missing and lots of people are very worried. Yes, the headline fits but I'm not sure if this is Hibs class...

[Sweet Left Peg]

I always thought jakey rolling was some kind of Glaswegian passtime, but apparently she's some kind of wizard. Every day's a schoolday, eh?

[NAE NOOKIE]

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I always thought jakey rolling was some kind of Glaswegian passtime, but apparently she's some kind of wizard. Every day's a schoolday, eh?

[NAE NOOKIE]

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Also at the meeting tonight...

.............. Legend !!!

[EH6 Hibby]

Surely if Hearts, by their own admission, are struggling to make the start of the season, the fact that they are continuing to advertise and sell (providing anyone is stupid enough to buy one) season tickets, they are now trading while insolvent. They are offering a product which they know they may not be able to provide.

[TRC]

Mate of mine says Tuesday is doomsday trying to get more info anyone else hear this?

[SteveHFC]

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Mate of mine says Tuesday is doomsday trying to get more info anyone else hear this?

[Northernhibee]

How are Dundee fans taking all this? Total joke they're in div 1 next season when we knew this would happen.

[7062]

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Thayt's unnecessary. That girl is a real and missing person, with a very worried family, and absolutely nothing to do with the homfc circus.

Not funny.

Was my idea. Apologies if anyone took this the wrong way, was not my intention. Just thought that the headline fit for mad vlad as a bit of fun.

I hope she's found safe too.

[Makaveli]

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How are Dundee fans taking all this? Total joke they're in div 1 next season when we knew this would happen.

To be fair, it's not as if "Team 12" have never benefited from another club going bust.

[Www1875hfc]

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Mate of mine says Tuesday is doomsday trying to get more info anyone else hear this?

Also heard this as well.

[Hibercelona]

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Mate of mine says Tuesday is doomsday trying to get more info anyone else hear this?

Every day is apparently going to be "doomsday", but never actually is.

Every single month, I hear about how this is there last month. Then I hear the same thing the next month.

[Sanger]

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Every day is apparently going to be "doomsday", but never actually is.

Every single month, I hear about how this is there last month. Then I hear the same thing the next month.

The noose is getting tighter and the creditors are all closing in. Each there are fresh events that takes them closer to the edge. Administration next week won't be the end but another milestone on that journey to oblivion!

[Fife-Hibee]

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Attachment 10253

Hahaha" f...ing magic !!

[Hibercelona]

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The noose is getting tighter and the creditors are all closing in. Each there are fresh events that takes them closer to the edge. Administration next week won't be the end but another milestone on that journey to oblivion!

Hearts are a bit like a 2pence piece in one of them money tipping machines you find in the arcade.

The coins keep tipping in at one end, but that one coin that you want to tip over the edge, never quite seems to tip over.

It gets closer and closer, but it's just never quite close enough.

[sidneyhibbie]

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At least six interested parties are considering a potential takeover of Hearts, BBC Scotland has learned.
Three potential bidders are based in North America, another in Scandinavia and there are two UK-based groups, including the Foundation of Hearts.
The latter, comprised of fans, is hopeful of making a bid before July.
However, as things stand, no buyer is able to buy the controlling stake in the club as the majority of club shares are split between two companies.
Ukio Bankas have been declared insolvent and the liquidator of the Lithuanian bank can sell the 29.9% shareholding they have in Hearts as well as Tynecastle Stadium, which was held as security for the debt of £15m owed by Hearts to Ukio Bankas.
HEARTS' PRIZED ASSETS?
Jamie MacDonald
Jason Holt
Ryan Stevenson
Kevin McHattie
Callum Paterson
Jamie Hamill
Jamie Walker
The Lithuanian authorities are understood to be keen for matters with Ukio Bankas to be settled soon.
Around 50% of the club's shares are owned by UBIG, a Lithuanian investment company. Although UBIG have gone to the Lithuanian government to declare themselves insolvent, this has not, as yet, been ratified by the relevant court.
A liquidator with the power to sell UBIG's Hearts shares will only be appointed if the company's bankruptcy is formalised.
All the assets of UBIG have been frozen by the Lithuanian courts.
One probable scenario is that, once UBIG's insolvency is ratified, the liquidators of both that firm and Ukio Bankas will agree a package for sale.
This could be done without placing the club in administration but attempts to move Hearts into the hands of new owners more speedily would make an insolvency event more likely.
Were Hearts to be in administration after season 2013-14 has begun, a points deduction of 15 points would be incurred.
The Tynecastle outfit have put their entire squad up for sale , with £500,000 needed to keep the club running over the summer.

BBC Propaganda i dont beleive a word of this i am sticking to my prediction they WILL BE BUST by the end of this month.

['Mon the Hibs]

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Mate of mine says Tuesday is doomsday trying to get more info anyone else hear this?

Hope so... It's my birthday on Tuesday. Would make for an excellent present!

[blackpoolhibs]

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Hope so... It's my birthday on Tuesday. Would make for an excellent present!

If they go pop on Tuesday, its everyones birthday.

[#FromTheCapital]

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Hearts are a bit like a 2pence piece in one of them money tipping machines you find in the arcade.

The coins keep tipping in at one end, but that one coin that you want to tip over the edge, never quite seems to tip over.

It gets closer and closer, but it's just never quite close enough.

The best case scenario for them now is to be bought over, but if this happens they are basically guaranteed to go down next season. 15 point deduction and transfer ban would ensure this. And it would be at least 2 seasons out of the top flight with the rangers in 1st division next season.

its not a guarantee that they will die but it's a guarantee that they will suffer. Just enjoy it whatever happens.

[jacomo]

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Every day is apparently going to be "doomsday", but never actually is.

Every single month, I hear about how this is there last month. Then I hear the same thing the next month.

Yup, #allisbarry. Except it really isn't.

[Minder]

Is it a coincidence these bad boys were snapped stealing coins from a fountain same week the fuds need to pay a tax bill? The one with back to camera does look like Medals Mackay.

[Fife-Hibee]

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Hearts are a bit like a 2pence piece in one of them money tipping machines you find in the arcade.

The coins keep tipping in at one end, but that one coin that you want to tip over the edge, never quite seems to tip over.

It gets closer and closer, but it's just never quite close enough.

Yeah it does feel like its been dragging on a bit ! But have to say' im really enjoying the pain their suffering !! Suck it up ya hearts !!

[VPHIBEE]

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Hahaha" f...ing magic !!

You took the words right out of my mouth!