Share Transfers Agreed/Cooling off period

[HIBERNIAN-0762]

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I just spotted the 6000+ Hearts season ticket holders....

This really did make me laugh out loud...

High time the admins on here got a grip and gave us a "like" button...

[Chibs]

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Sorry if mentioned but I've just had a thoult, hearts could be relegated to div 1 the year the rangers get promoted to div 1

Potentially means 2 years down there for them.

I will be making rod know that I want any league reconstruction plans held off for another 3-4 years

A thoult what the hell is that.

[Jack]

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How much money do we lose if the pinks get terminated?

Nothing.

Without their financial doping we will probably achieve higher league placings each year, maybe leading to more European jaunts.

[NOLA]

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Bit bored this evening. Anything happening?

nothing to see here... theres a wake happening in gorgay though

[heretoday]

Well I for one hope that Hearts survive because I would miss those derby matches.

Also my wife's family are all Hearts supporters.

And I love those people.

[nonshinyfinish]

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http://www.companieshouse.gov.uk/abo...ml/gpo8s.shtml

Saving the company as going concern is not an option. It is then about looking after the secured creditors which is Ukio Bankas and UBIG and reaching a compromise agreement for other creditors - mainly HMRC. The best route out for them is a bid for the club and stadium and HMRC debt that will satisfy all parties. That would be in the region of £10 million. The bidder if they want to keep HMFC going probably need another £4 million to run the club next season. Straight liquidation won't help HMRC as the sale of all the assets would not meet the secured creditors needs. Then the administrator would go for a break up value with the stadium being sold to a developer and the rest to say FOH. This would be liquidation and the most likely outcome because nobody has the money to pay the £14 million. They would have to be fans with money. There is no business reason to buy HMFC. The new HMFC would have to seek a ground and re-apply to enter SFL 3. The latter is the most likely outcome.

Keep talking baby, I'm almost there...

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But there's Panic on the streets of Longstone
Dalry, Chesser , Merchiston

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Why are Sky Sports saying that hearts 'could be' deducted 15 points next season?

Surely they are definitely going to be docked 15 points?!

They'll only be docked points if they still exist.


Can we have a wee moment of appreciation for the guys that have done the real leg-work throughout this caper?

Caversham Green
CropleyWasGod
greenginger
Sergey
Part/Time Supporter
desantos0773
SteveHFC ()

[Hibernianinc]

Yay!



That is all.

[Dunderhall]

C.H.E..A.T.S,
If you cannae spell it then here's what it says....

[GreenPJ]

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It needs to be ratified by an SPL board meeting, but that's a formality really. They'll wait until the administrator is formally appointed by the court.

Is it not the case that albeit highly unlikely that if they go into administration, find a buyer and come out of administration before the start of the season then there would be no deduction?

[Prof. Shaggy]

One wee question:

If, as seems very likely, the administration fails, liquidation follows and a NewcoHearts is successful in gaining admission to Div 3, do they still start on -15?

[Heedersnvolleys]

What a birthday present I have had today

[Twa Cairpets]

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Keep talking baby, I'm almost there...







They'll only be docked points if they still exist.


Can we have a wee moment of appreciation for the guys that have done the real leg-work throughout this caper?

Caversham Green
CropleyWasGod
greenginger
Sergey
SteveHFC ()

There a few others too:
Part/time supporter, desantos who have been good contributors.
In awe of you all gentlemen...
Hibs Class.

[Part/Time Supporter]

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Is it not the case that albeit highly unlikely that if they go into administration, find a buyer and come out of administration before the start of the season then there would be no deduction?

No, that was a bollocks piece of reporting by Brian McLauchlin (BBC) that was corrected within a couple of hours.

[YehButNoBut]

Michael Stewart back on STV again just now, another discussion on Hearts troubles.

[clerriehibs]

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Keep talking baby, I'm almost there...







They'll only be docked points if they still exist.


Can we have a wee moment of appreciation for the guys that have done the real leg-work throughout this caper?

Caversham Green
CropleyWasGod
greenginger
Sergey
SteveHFC ()

Not forgetting P/TS, surely?

[nonshinyfinish]

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There a few others too:
Part/time supporter, desantos who have been good contributors.
In awe of you all gentlemen...
Hibs Class.

True, meant to put PTS in, but I was overcome with excitement for some reason. Duly edited.

[leither17]

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What a birthday present I have had today

Mine as well mate haha happy birthday

[GreenCastle]

You wonder where they will train from now on ?

Last season they weren't paying for Riccarton - they even trained at Spartans and couldn't afford to pay them so had to arrange a friendly with them to use the facility.

Total joke of a club - a disgrace to Edinburgh and makes the SPL look Mickey Mouse again.

[Carheenlea]

jambos 4 justice.jpg

[Winston Ingram]

Got this via @JKBmeltdown.

Just in case ye bump into any deluded Yam mongs who blame the pieman instead of Vlad, here's some figures for you.

Wages to turnover under the pieman

97 £2.8M 58%
98 £3.8M 59%
99 £4.0M 52%
00 £5.6M 79%
01 £6.1M 77%
02 £5.7M 94%
03 £5.1M 85%
04 £5.0M 70%

Wages to turnover under Vlad

2006: 10m (102% of turnover)
2007: 12.5m (121% of turnover)
2008: 11.3m (124% of turnover)
2009: 10.5m (126% of turnover)
2010: 9.1m (115% of turnover)
2011: 8m (116% of turnover)
2012: 8.2m (94% of turnover)

[hibs4thecup1988]

I can confirm that the Scottish rugby union are training their under 14's at riccarton as of july. Make of that what you will...

[Heedersnvolleys]

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Mine as well mate haha happy birthday

Happy birthday mate

[YehButNoBut]

Thought this needed dusting down

Hitler Calls In The Administrators At Tynecastle

[Prof. Shaggy]

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Can we have a wee moment of appreciation for the guys that have done the real leg-work throughout this caper?

Caversham Green
CropleyWasGod
greenginger
Sergey
Part/Time Supporter
desantos0773
SteveHFC ()

That's a HEAR HEAR from me.

[green glory]

Archie McPherson is full of ****.

[Hibs Class]

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Michael Stewart back on STV again just now, another discussion on Hearts troubles.

I didn't quite realise the level of intelligence Stewart possesses until I watched him tonight!

[Jack Hackett]

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I just spotted the 6000+ Hearts season ticket holders....

Kwalitee


Off to bed a VERY happy chappy. Santa's coming

[Lester B]

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Archie McPherson is full of ****.

Total dobber.

God that MP guy is ugly and stupid!!

[Hibercelona]

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Archie McPherson is full of ****.

Slavering old ****.

[Phil D. Rolls]

Rejoice, rejoice!