Share Transfers Agreed/Cooling off period

[Keith_M]

15% of Hearts is held by a company called Quantum Holdings.


Does that count?

[Treadstone]

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Still battling over who the administrator will be so the papers are yet to be lodged.

http://sport.stv.tv/football/229815-...of-midlothian/

What about the video in that report ? Whalearses laddie, WHY ?

[CropleyWasGod]

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15% of Hearts is held by a company called Quantum Holdings.


Does that count?

Can I use the word ****um?

Thought not.

Quntum?

Yes

[YehButNoBut]

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What about the video in that report ? Whalearses laddie, WHY ?

Never looked at that until now, what has Mercer's son got to do with Hearts?

[greenginger]

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What about the video in that report ? Whalearses laddie, WHY ?

I think mercer Junior hung around on the fringes of various take-over schemes over the years.

What p*sses me off is everybody asked comes away with the line,

" and hopefully the Club can emerge stronger from the process ... "

Can one of the Merricks not just say ... and hopefully we can emerge in any shape or form !

Also he still owns the handful of shares Wallace had when he fell off the twig.

[Sanger]

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So are they in admin or not was the celebrations premature?

they are going under - just a fight who is going to wield the knife!

[SaulGoodman]

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they are going under - just a fight who is going to wield the knife!

Oh stop it you

[CropleyWasGod]

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I think mercer Junior hung around on the fringes of various take-over schemes over the years.

What p*sses me off is everybody asked comes away with the line,

" and hopefully the Club can emerge stronger from the process ... "

Can one of the Merricks not just say ... and hopefully we can emerge in any shape or form !

Also he still owns the handful of shares Wallace had when he fell off the twig.

Craig Whyte used those words last February.

[Spike Mandela]

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Still battling over who the administrator will be so the papers are yet to be lodged.

http://sport.stv.tv/football/229815-...of-midlothian/

The Liths still Sticking to the line they want the club to be sold to investors hence they want experienced administrators who are dedicated to football as well. Sounds to me like they want to do a deal.

[Treadstone]

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I think mercer Junior hung around on the fringes of various take-over schemes over the years.

What p*sses me off is everybody asked comes away with the line,

" and hopefully the Club can emerge stronger from the process ... "

Can one of the Merricks not just say ... and hopefully we can emerge in any shape or form !

Also he still owns the handful of shares Wallace had when he fell off the twig.

Definitely this and also "clarify the situation..."

[CropleyWasGod]

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The Liths still Sticking to the line they want the club to be sold to investors hence they want experienced administrators who are dedicated to football as well. Sounds to me like they want to do a deal.

They use the words "appropriate investor".

Meaning "those with the right amount of cash".

[Sanger]

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The Liths still Sticking to the line they want the club to be sold to investors hence they want experienced administrators who are dedicated to football as well. Sounds to me like they want to do a deal.

The administrators would not be doing their job if they did not see if any of these bids were real and for how much. Clearly most of them are fake or will be no where the money that they know they could get from just selling the stadium. That will be pahse two - sell the stadium on its own and a few bob for the Hearts name and youth players!

[GloryGlory]

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they are going under - just a fight who is going to wield the knife!

Yep - I would imagine HMRC are watching closely, as are other creditors. If HMFC and/or UKIO don't sort it out amongst themselves soon who the administrator will be, you will probably find HMRC going to Court and asking for their own administrator to be appointed. When is that PAYE payment due again?

[CropleyWasGod]

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Yep - I would imagine HMRC are watching closely, as are other creditors. If HMFC and/or UKIO don't sort it out amongst themselves soon who the administrator will be, you will probably find HMRC going to Court and asking for their own administrator to be appointed. When is that PAYE payment due again?

Tomorrow, if the pay manually.

Or Saturday if they pay online.

[andrew70]

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The administrators would not be doing their job if they did not see if any of these bids were real and for how much. Clearly most of them are fake or will be no where the money that they know they could get from just selling the stadium. That will be pahse two - sell the stadium on its own and a few bob for the Hearts name and youth players!

desantos, from the above, do you believe that Hearts will be liquidated?

[Gatecrasher]

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Tomorrow, if the pay manually.

Or Saturday if they pay online.

What if they pay by Fax?

[CropleyWasGod]

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What if they pay by Fax?

They're faxxed

[Sanger]

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desantos, from the above, do you believe that Hearts will be liquidated?

Yes that is my view and always has been. No bidder is real or has the money to come close to what the Ukio Bankas's administrators believe they can obtain from the selling the stadium on its own for property development. This will mean a liquidation sale. I predicted liquidation for RFC when they went into administration in February 2012. This is a different but equally complex situation if not more. HMFC will completely disappear for a period but comeback into Div 3 as new company at some point in the future. The risk for the SPL and it is very high that they cannot even begin to fulfill their fixtures never mind see them out for next season. Of course nobody believed the Hobo economists on here because they were too thick or deluded. An aware SPL would have given them the 18 points penalty on UBIG's self-insolvency and given the problem to SFL.

[HFC 0-7]

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Yes that is my view and always has been. No bidder is real or has the money to come close to what the Ukio Bankas's administrators believe they can obtain from the selling the stadium on its own for property development. This will mean a liquidation sale. I predicted liquidation for RFC when they went into administration in February 2012. This is a different but equally complex situation if not more. HMFC will completely disappear for a period but comeback into Div 3 as new company at some point in the future. The risk for the SPL and it is very high that they cannot even begin to fulfill their fixtures never mind see them out for next season. Of course nobody believed the Hobo economists on here because they were too thick or deluded. An aware SPL would have given them the 18 points penalty on UBIG's self-insolvency and given the problem to SFL.

I have been thinking about the whole stadium being sold seperately from the club. At first i thought no chance it will happen as bidders will back out if its not lock stock, however, the fans will always cobble a bid together for the brand and history, probably through FOH. No danger will Hearts fans want to lose the 5-1 so they will definately want to buy at least the brand and history.

[Mon Dieu4]

Sounds like the lithuanians are going to go to war to appoint their own administrator, silly move as we all know the Yams always win wars

[Jack Hackett]

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http://www.bbc.co.uk/sport/0/football/13544414

Remember this day? This was them effectively taking the piss on a whole new level than previous - absolutely everyone know they had zero money and had barely paid their players the last three seasons but they just went "so ****ing what, let's offer three out of contract SPL players three times the wages they're already on."

Oh, and I bet you anything they would have announced only two signings if Jamie Hamill hadn't been a very public Hibs transfer target for the best part of a month.

This and stories like it guarantee they will recieve absolutely no sympathy from me and get exactly what they ****ing deserve. Sucks. ("naff green goodbye smiley" just for you, Mr Lawson)

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"This is going to be the biggest challenge of my career."

You got that bit right ya rocket

[JeMeSouviens]

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Yes that is my view and always has been. No bidder is real or has the money to come close to what the Ukio Bankas's administrators believe they can obtain from the selling the stadium on its own for property development. This will mean a liquidation sale. I predicted liquidation for RFC when they went into administration in February 2012. This is a different but equally complex situation if not more. HMFC will completely disappear for a period but comeback into Div 3 as new company at some point in the future. The risk for the SPL and it is very high that they cannot even begin to fulfill their fixtures never mind see them out for next season. Of course nobody believed the Hobo economists on here because they were too thick or deluded. An aware SPL would have given them the 18 points penalty on UBIG's self-insolvency and given the problem to SFL.

Can HMFC be separated from Tiny without liquidation? Could Ukio's liquidator take the ground and HMFC's administrator sell the rest of the club (player registrations, SPL/SFA shares, etc) to the FoH?

[gringojoe]

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I was driving the bus past the Wonga dome last night and expected to be held up with the puddle drinkers, their was two jakeys outside robbos. that was it.

Was one of the jakeys Robbo?

[Ozyhibby]

This fight over admins is very encouraging. It shows that the Lithuanians aren't going to just take whatever the FoH can cobble together from bake sales.

[Platinum Scotty]

Just a thought, and given his dad was a sneaky git (understatement i know) but perhaps young mercer is sniffing about at the carve up options - he runs an investement/development portfolio after all (ok it was his dad's) and maybe he wants to have first dibs on *********** (footbal stadium) for redevelopment!

[Treadstone]

We are getting them all now. Charlie Mann

http://sport.stv.tv/football/clubs/h...thing-special/

[Hibrandenburg]

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I though Romanov the Junior was born in lithuania? Could be wrong it was just a memory thing.

Don't make a difference, if a pig is born in a racehorse stable it's still a pig.

[Sweet Left Peg]

Originally Posted by jamie hamill:
"This is going to be the biggest challenge of my career."


Wasn't a challenge picking up your pound of flesh. You and your ilk were complicit in the whole mess. Nae sympathy. Suck it up, fatboy.

[Gatecrasher]

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They're faxxed

too late for that

[Mon Dieu4]

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Just a thought, and given his dad was a sneaky git (understatement i know) but perhaps young mercer is sniffing about at the carve up options - he runs an investement/development portfolio after all (ok it was his dad's) and maybe he wants to have first dibs on *********** (footbal stadium) for redevelopment!

He is actually selling the business or the properties, can't remember which one, he is Hearts daft but not sure if he's that daft