Share Transfers Agreed/Cooling off period

**Andy74** · 17-06-2013 06:02 PM

Originally Posted by StevieC

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Spot on.

The board/club have lied to the SPL, supporters and anyone else who got in the way as they stumbled past the finishing post last season. They have lied numerous times again during the close season to try and dry out every possible revenue source to keep themselves in a wage for as long as possible.

The SPFL need only ask one question .. "Can you guarantee that you will be able to fulfill your fixtures?"

The board/club would have blindly lied and said "of course" but an administrator will be very unlikely to risk answering that question the same way.

Half of their matchday income has already been used up. They have debts left right and centre to council etc.. They have large maintenance costs attached to a crumbling main stand. They have rental costs needed for their shared training complex. They have 2 months of wages to pay for. They have an estimated £40k a month in tax repayments. They have interest payments on a £25m debt (which will remain until liquidation).
Even if they had a squad of 20 reserve players for the current season they would still be running at a loss.

I fully expect an administrator to move quickly to liquidation.

I think I love you.

**mca** · 17-06-2013 06:02 PM

Originally Posted by Barney McGrew

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The six parties interested in bidding have been revealed.

Persimmon, Taylor Wimpey, Cala, Charles Chuch, Miller and Tulloch

Council Recommendations State - That Due to Lack of Praying Facilities in the local area .. A Mosque or Temple Should Be Provided For The Local Community..

**iwasthere1972** · 17-06-2013 06:03 PM

Lifted from across the way

Theoretically the first thing the Administrator does is start to sell ST's and tickets for the opening games of the season. If he invalidates all existing ST's then the 6,500 already bought will require to be bought again with fans clawing back their money for credit card companies. Assuming the 3,000 or so that have not renewed on principle also buy a ST now that Vlad's gone 9,000 ST's at average price of £300 means the Administrator will have close to £3m to play with plus all other ticket, merchandising income etc. What am I missing?

A season ticket and a brain by all accounts. Always look on the bright side of life even when you're dead.

**SmashinGlass** · 17-06-2013 06:03 PM

Originally Posted by StevieC

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Spot on.

The board/club have lied to the SPL, supporters and anyone else who got in the way as they stumbled past the finishing post last season. They have lied numerous times again during the close season to try and dry out every possible revenue source to keep themselves in a wage for as long as possible.

The SPFL need only ask one question .. "Can you guarantee that you will be able to fulfill your fixtures?"

The board/club would have blindly lied and said "of course" but an administrator will be very unlikely to risk answering that question the same way.

Half of their matchday income has already been used up. They have debts left right and centre to council etc.. They have large maintenance costs attached to a crumbling main stand. They have rental costs needed for their shared training complex. They have 2 months of wages to pay for. They have an estimated £40k a month in tax repayments. They have interest payments on a £25m debt (which will remain until liquidation).
Even if they had a squad of 20 reserve players for the current season they would still be running at a loss.

I fully expect an administrator to move quickly to liquidation.

In all honesty, I would not put it past the administrator to cease trading immediately upon appointment due to the lack of funds.

**WHUHibs** · 17-06-2013 06:03 PM

Originally Posted by Desperate Dan

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fill yer boots, create history here

Can someone help me as the maximum is only £100 I want to pledge more, much more than this, I did it my way!

**21.05.2016** · 17-06-2013 06:04 PM

Kickback is absolutely hilarious tonight

:fenlon

**greengnome** · 17-06-2013 06:04 PM

Originally Posted by Barney McGrew

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The six parties interested in bidding have been revealed.

Persimmon, Taylor Wimpey, Cala, Charles Chuch, Miller and Tulloch

Just pure HIBS CLASS mate.....

Only trouble is..... The 6 are now down to 4.... According to Sky news.... It only gets better!!!!!

:fenlonPat says GIRFUY

**heretoday** · 17-06-2013 06:04 PM

BBC are reporting Hearts going into administration within 24 hours.

While I am a Hibby I take no joy from this.

***SHODAN*** · 17-06-2013 06:05 PM

So they'll have to wait a bit longer until they can sign Boyd, Goodwillie, Skacel and Wotherspoon? Gutted, like.

**NOLA** · 17-06-2013 06:05 PM

need to dig out my dancing shoes

***Northernhibee*** · 17-06-2013 06:05 PM

Originally Posted by Craig_HFC

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The date today?

17-06-2013

Tears. Actual ****ing tears.

Wonderful.

**therealgavmac** · 17-06-2013 06:07 PM

I love this!!!!!

**~~Speedway~~** · 17-06-2013 06:08 PM

Team 12 have lodged court papers filing for admin.

It is here.

**Velma Dinkley** · 17-06-2013 06:08 PM

Originally Posted by Purehibee_MYB

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Surely its some Hibee's birthay somewhere.. what a gift to get!

My best mate, who is also a Hibee, just became a dad today to a wee baby Hibee girl. He should be able to remember this date

**Hibby** · 17-06-2013 06:09 PM

"Liquidate" "Liquidate" "Liquidate""

**Craig_in_Prague** · 17-06-2013 06:09 PM

Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

**therealgavmac** · 17-06-2013 06:10 PM

Originally Posted by Craig_in_Prague

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Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

**~~Hibernia Na Eir~~** · 17-06-2013 06:11 PM

they can ram their horrible colours where the dead fat Tory doth reside.

Away and just DIE horrible club.

***GordonHFC*** · 17-06-2013 06:11 PM

Originally Posted by the_ginger_hibee

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I'm glad this guy knows whits gon on'
http://www.scotsman.com/sport/footba...arts_1_2058934

I know that clown Rigby. He used to manage the Hewlett Packard football team in the 1980s. He will be pishing his little jambo pants tonight I guaranree it.

**SMAXXA** · 17-06-2013 06:12 PM

Originally Posted by Craig_in_Prague

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Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

**~~Speedway~~** · 17-06-2013 06:12 PM

http://www.bbc.co.uk/sport/0/football/22944291

It's what the big clubs do.

***Northernhibee*** · 17-06-2013 06:13 PM

Have they received their share certificates yet?

**greengnome** · 17-06-2013 06:13 PM

The tears are rolling down my face here...........

Dear Dad..... Thank you for ensuring I was a Hibby

Keekback just keeps giving....!

Posted Today, 17:14Ian Murray on STV saying "go on website pledge to FOH and well put in a bid"?

Forget about FOH, they've no ****** money!!!

**~~Hibernia Na Eir~~** · 17-06-2013 06:13 PM

Nae new deal for captain marvel Webster then. Shame, the piss lover wanted him to stay SO badly.

pear shape time has arrived comrades :)

**Part/Time Supporter** · 17-06-2013 06:14 PM

Originally Posted by Speedway

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http://www.bbc.co.uk/sport/0/football/22944291

It's what the big clubs do.

I see that they've now corrected McLauchlin's ridiculous mistake about the points penalty.

Now reads: "It means Hearts will start next season in the top flight with a deduction of 15 points."

**Gus Fring** · 17-06-2013 06:15 PM

Hearts fans are clinging to the hope that they are going to be debt free. I'm trying to be as unbiased as possible but i cant see how they can get out of this. There are just too many obstacles in their way.

As has been said, it's entirely possible that when the Administrator gets in there tomorrow or Wednesday they decide it's better just to liquidate them. Hearts were already struggling to meet the start of the season, an Administrator has even less options available in that regard.

**mca** · 17-06-2013 06:15 PM

Originally Posted by Craig_in_Prague

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Very ugly scenes at the PBS now!!
Stevie Fulton has shown up.

Heard that Davie Dodds might be oan his way down to lend some support...

**Craig_in_Prague** · 17-06-2013 06:15 PM

Originally Posted by Part/Time Supporter

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I see that they've now corrected McLauchlin's ridiculous mistake about the points penalty.

Now reads: "It means Hearts will start next season in the top flight with a deduction of 15 points."

Should it not read "If Hearts exist at the start of the season".... "

**McPhisto2** · 17-06-2013 06:16 PM

Originally Posted by GordonHFC

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I know that clown Rigby. He used to manage the Hewlett Packard football team in the 1980s. He will be pishing his little jambo pants tonight I guaranree it.

Aye I knew of him too, worked there in early 2000's, couldn't agree more.....