Share Transfers Agreed/Cooling off period

***Danderhall Hibs*** · 17-06-2013 06:47 PM

Originally Posted by Part/Time Supporter

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Nil. The SFA wouldn't permit it.

Didn't they allow Airdrie to do something similar?

***Bostonhibby*** · 17-06-2013 06:47 PM

Originally Posted by heretoday

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BBC are reporting Hearts going into administration within 24 hours.

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

I take it you are, like myself, a liquidation man

**Kevvy1875** · 17-06-2013 06:47 PM

Originally Posted by Clarence

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I hear Skacel is going to give back 51p of his wages to show how much he loves them.

**greengnome** · 17-06-2013 06:48 PM

Where's Massone????

Help!

............... FRYING PAN AND FIRE COME TO MIND....

***Viva_Palmeiras*** · 17-06-2013 06:48 PM

Originally Posted by desantos0773

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i've heard that rumour from a Gers financier !

l:

**~~Sanger~~** · 17-06-2013 06:49 PM

Originally Posted by Part/Time Supporter

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Nil. The SFA wouldn't permit it.

Airdre did it! Better one Hun team in the SPL than one in Div 2 & one in Div 3!

**Kevvy1875** · 17-06-2013 06:49 PM

Originally Posted by the_ginger_hibee

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From the archive -

Fedotovas promises fans 'Hearts are immune from financial crises'. Including -

'Timely'

Keep them coming boys! Loving this! LOVING IT!

**Springbank** · 17-06-2013 06:49 PM

Quick update

The Springbank Fifteen yo tastes like you'd expect it to - Hibs Class!

Slainte!

**MyJo** · 17-06-2013 06:49 PM

Originally Posted by mca

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oooohhhh - When Will They Start Boarding The Window and Locking the Gates....

They will have to stop licking them first

***Viva_Palmeiras*** · 17-06-2013 06:50 PM

Is Mikey still on his Holibobs? Typical...!

**EdinMike** · 17-06-2013 06:50 PM

This cant happen tonight, I'm on a night shift. Gonnae wait till tommora Hertz ?

**Sir David Gray** · 17-06-2013 06:51 PM

I've been waiting about five years for this day to finally come.

Get it right up them.

Here's to a very slow and painful death.

:giruy:

**iwasthere1972** · 17-06-2013 06:53 PM

The penny is just beginning to drop over in Gorgie that their season tickets for next season could be worthless. Shouldn't laugh but they deserve everything that's coming their way.

GGTTH

**Kevvy1875** · 17-06-2013 06:54 PM

900+ members and 2500+ guests? Wonder how many BeLIEvers are having a peek in to see what the Hoboconimists are saying.

For any Yam tramps looking in I would just like to say GIRFUY! Karma bitches!

**~~Weir7~~** · 17-06-2013 06:55 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.

Top post.

Let's hope these bar stewards die forever. At best East of Scotland League.

Even then that's too good. They can play with each others
Utensials watching their 1 - 5 dvd. Dreaming about the good old days.

**Kevvy1875** · 17-06-2013 06:55 PM

Originally Posted by MyJo

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They will have to stop licking them first

**~~God Petrie~~** · 17-06-2013 06:56 PM

http://www.youtube.com/watch?v=p-N79B-rTP4

Enjoy the highlights from the last ever derby.

**Kevvy1875** · 17-06-2013 06:57 PM

Can't think why but this tune just seems particularly relevant today.

**greengnome** · 17-06-2013 06:57 PM

Do we still have rules about undercover Hibs fans?

Glad I'm not a mod... a staggeringly large job ahead for them.

THAT'S IT LADS.....AND LADETTES... NO MORE PLEDGING, LET THEM GET OAN WI' IT....:fenlon

***Kato*** · 17-06-2013 06:59 PM

Originally Posted by Pames McJake

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Kickback is absolutely golden this evening. Here's an amusing eulogy.

If you want to waste energy on who to blame then on you go. However this is the consequence of the end of the silly days of cheap money. The western world has been living beyond its means since the markets were de regulated in the 1980s. This is he inevitable consequence of putting our banks, companies and football clus in the hands of spivs and stockjobbers who wooed all of us, Prime Ministers and Presidents included. I'm only surprised it didn't happen 5 years ago when Lehmans went under. Many richer and more profitable companies have since gone to the wall. Sadly, like the Icelandic Banks it looks as if Ukias was an elaborate tower of toxic debt and confusing loans and liabilities, much like our own RBS or HBOS - the difference being that it was a lot smaller and has been allowed to fail. I suspect that Vlad and his cohorts, would have seen the writing was on the wall and have been trousering the cash from across the group for months. How much Fedo knew about this is a matter for debate but I suspect he, like many of Vlad's employees has been left out to dry like the rest of us.

Perhaps now Rangers, Dunfermline and Hearts are now gone, and mark my words others will follow Doncaster etc will realise that the current model in Scottish football is a joke. Woe betide Hibs who whilst any Hibb will tell you have kept within their means, actually depend on being able to sell players to keep their heads above water. However in a market with les and less liquidity will there be a demand for their fayer?

during the OFGTF campaign about 10 years ago I was arguing on here that it was time to put a broo through Scottish football, to realise that the current model was unsustainable and we should move to a central player pool and draft modle that gives equal budgets across the league and a level playing field would re invigorate the game in Scotland. However, just as we have completely ignored the dangers of a housing market linked to credit worthieness which caused the last housing bubble and are now embarked on doing exactly the same thing, the SPL sticks its fingers in its ears and goes nananananananana....

seriously, don't go down the blame route - Vlad will get caught eventually and will end his days in an eastern gaol.

We now have to put our energy an support into getting our club back on its feet

An ostrich takes his head out the sand. No doubt it's quickly reinserted once he sees what the business world is like in real life.

**kdhibees1** · 17-06-2013 06:59 PM

**greengnome** · 17-06-2013 07:02 PM

The proverbial is happening in Gorgay, and the Yampots are still worrying about us... You really have to love it!

HIBERNIAN FC ............. YOU KNOW IT MAKES SENSE! :pfgwa

Posted Today, 18:21This time next year we will be in a sound financial place and witha steady future, with an owner who is not mental, and when times are good again we can enjoy them without worrying if the self destruct button is about to be pushed. and we will still have the hobos in our shadow, spewing at the thought we will be back stronger than ever. Who knows we might get an owner who also wants to invest, watch this space this is the beginning of an extended period of stability

**Kaiser1962** · 17-06-2013 07:03 PM

Originally Posted by desantos0773

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They will to reduce outgoings immediately. Minimum redundancy payments will be made post selling the club on or after liquidation.

Minimum redundancy payments will be met by Govt if Hearts have no money. At least this used to be the case.

**HFC 0-7** · 17-06-2013 07:03 PM

self sufficient?

**ORAC** · 17-06-2013 07:04 PM

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***G-Reg*** · 17-06-2013 07:05 PM

Cheers guys

**~~Sanger~~** · 17-06-2013 07:06 PM

Originally Posted by Kaiser1962

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Minimum redundancy payments will be met by Govt if Hearts have no money. At least this used to be the case.

That's it then all the players and staff out the door now!

**Tollhouse Hibee** · 17-06-2013 07:07 PM

Cheerio all you bunch of tossers that thought you were the BIG club. At least we will have somewhere to go every other saturday to watch our football. How many weeks will it be before you lot get pissed off being dragged shopping by the wife!!!!