Share Transfers Agreed/Cooling off period

***jacomo*** · 20-06-2013 10:41 AM

Originally Posted by lucky

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Loving the meltdown of the Yams. But I doubt if any Yam involved in FoH will object to them funding administrators. If they don't get money in rapid then it liquidation. If FoH can keep them afloat then they have a chance of still being a SPL. So whilst there has been a change of direction by them I doubt they will complain.

True. After all, FoH will have millions to play with, so no problem diverting a small % to cover running costs now before launching their bid to buy the club in a couple of weeks.

#allisbarry

**TRC** · 20-06-2013 10:44 AM

just moved to sweden I'll set them straight

***KdyHby*** · 20-06-2013 10:45 AM

Can't help feeling the yam's situation will have a short term negative impact on Hibs. So to do my bit I've just signed up a direct debit for the Hibs youth development fund: http://www.hibernianfc.co.uk/page/Th...,10290,00.html

**--------** · 20-06-2013 10:48 AM

Originally Posted by Moncur10

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Edited the post, good thinking, although with your reply they can still see the company name. They probably aren't bright enough to do anything about it though.

FR can edit the quote and it's sorted.

FR?

**~~Phil D. Rolls~~** · 20-06-2013 10:48 AM

Originally Posted by Moncur10

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Edited the post, good thinking, although with your reply they can still see the company name. They probably aren't bright enough to do anything about it though.

I think your job would be safe for a few years. It takes a while for the penny to drop over there.

***Kato*** · 20-06-2013 10:49 AM

Originally Posted by jacomoseven

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Ian Murray MP has admitted that the FoH money could be used as a slush fund to keep the doors open during administration.

But what will they do next week?

**~~Phil D. Rolls~~** · 20-06-2013 10:50 AM

Originally Posted by Doddie

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FR can edit the quote and it's sorted.

FR?

Job done.

**SMAXXA** · 20-06-2013 10:51 AM

Just drove past tyne and theres loads of media vans parked in the main car park so did the obligatory toot toot toot toot toot toot toot toot toot Hibes as I drove past. Then turned onto Gorgie and as driving past the other entrance on Gorgie road, you couldn't make this up, a Hearse was parked right outside the stand

, turned and said to the Mrs "how apt is that". Its great days to be a Hibee

**--------** · 20-06-2013 10:53 AM

Originally Posted by Filled Rolls

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Job done.

Good man. So, do we take Mr Mullen since he's available, or what?

**~~Speedway~~** · 20-06-2013 10:53 AM

Originally Posted by Filled Rolls

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It took him 6 years to see the light? Talk about a dim bulb brightening.

Anybody feel brave enough to broach the subject of Santa Claus with Stan?

What are you saying?

Originally Posted by Northernhibee

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Why the **** are they not outside Tynie right now protesting, aiming to raise money, contacting entrepreneurs associated with Hearts, even baking some cakes right now?

Look back to Hands off Hibs, fan power found a buyer for us and helped keep Mercer at bay.

The administrator has said that they are in total dire straits, yet they're still going on about how they'll pump us at Tynie, 5-1 big team wee team etc. How much more blatant does it have to be, without a minor miracle their club won't see the summer out?

I really want to see one last derby for us to have a pop at Arbroath's 36-0 record, they're not exactly playing their part!

Money for Nothing you might say.

**Onion** · 20-06-2013 10:54 AM

Originally Posted by jacomoseven

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True. After all, FoH will have millions to play with, so no problem diverting a small % to cover running costs now before launching their bid to buy the club in a couple of weeks.

#allisbarry

Lets face it, the Yams are goosed. This is just good money ager bad, just as it was with the so called share issue, ST sales and bake sales. All funds are being diverted to pay wages of the players, staff and now the admins. None of it is being used to do what they need at this stage, pay off their debts and tax bills. The Lith Admins have no affinity with the club and will be seeking full value for creditors which will likely involve the sale of Tynecastle at best commercial value -not some knock down fire-sale price that FOH might want.

The sooner the Admins come clean about this the sooner everyone can get on with new fixture lists and applications for Newco. IMHO Hearts will not be playing football next season.

***StevieC*** · 20-06-2013 10:54 AM

Originally Posted by jacomoseven

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Ian Murray MP has admitted that the FoH money could be used as a slush fund to keep the doors open during administration.

But they wont start collecting money until August, and wont know how much they actually have until that date.

I think the administrator would struggle to keep the club going for 6 weeks on the basis that there may (or may not) be an undefined amount of money available for running costs.

***s.a.m*** · 20-06-2013 10:58 AM

Originally Posted by brog

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Jeez guys, slow down, I went to Ascot yesterday & its taken me 2 hours this morning to catch up, but as Steve Tyler sang, I don't want to miss a thing!!
Couple of things;
1. Its as bad a situation as I've ever come across!! this from Bryan Jackson, the guy who's currently handling the Pars!! As I posted a couple of days ago I think BDO will stick their head round the door, say WTF & bolt for liquidation.
2. On an even happier note doesn't Bryan Jackson look like an undertaker??!! Could someone ( Steve? ) with more IT skills than me please do the necessary amendments to his pic? Possibly a new avatar!

I was just about to post the exact same thing!

**Mac** · 20-06-2013 10:58 AM

Originally Posted by Doddie

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FR can edit the quote and it's sorted.

FR?

did you edit mine aswell!!!

**Craig_in_Prague** · 20-06-2013 11:02 AM

dont know if I have just not seen any mention, or coz I dont use twitter; but Allisbarry seems awfully quiet the last day or two ?

**~~hibs0666~~** · 20-06-2013 11:03 AM

BDO hosting a press conference at 5pm tonight apparently. I reckon there will be more than a few sphincters twitching on Planet Yam after Bryan struts his stuff.

**SlickShoes** · 20-06-2013 11:05 AM

Originally Posted by Iain G

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That should keep them limping on for another 4 or 5 days then

How can FoH money do anything? the Direct Debits aren't getting taken until August, Hearts could be liquidated by then!

***s2hart*** · 20-06-2013 11:07 AM

I don't venture over to the dark side but what is the general consensus from our brain dead neighbours about the begging bowl coming out again? Are they falling for it again?

***jacomo*** · 20-06-2013 11:08 AM

Originally Posted by StevieC

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But they wont start collecting money until August, and wont know how much they actually have until that date.

I think the administrator would struggle to keep the club going for 6 weeks on the basis that there may (or may not) be an undefined amount of money available for running costs.

Wonga loan, obviously.

**21.05.2016** · 20-06-2013 11:08 AM

Originally Posted by Northernhibee

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Why the **** are they not outside Tynie right now protesting, aiming to raise money, contacting entrepreneurs associated with Hearts, even baking some cakes right now?

Look back to Hands off Hibs, fan power found a buyer for us and helped keep Mercer at bay.

The administrator has said that they are in total dire straits, yet they're still going on about how they'll pump us at Tynie, 5-1 big team wee team etc. How much more blatant does it have to be, without a minor miracle their club won't see the summer out?

I really want to see one last derby for us to have a pop at Arbroath's 36-0 record, they're not exactly playing their part!

Because they are far too busy banging on about 5-1, 1902, big team wee team etc.

**21.05.2016** · 20-06-2013 11:10 AM

Originally Posted by SMAXXA

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Just drove past tyne and theres loads of media vans parked in the main car park so did the obligatory toot toot toot toot toot toot toot toot toot Hibes as I drove past. Then turned onto Gorgie and as driving past the other entrance on Gorgie road, you couldn't make this up, a Hearse was parked right outside the stand

, turned and said to the Mrs "how apt is that". Its great days to be a Hibee

HMFC - the club that just keeps on giving!

**~~Speedway~~** · 20-06-2013 11:10 AM

Originally Posted by s2hart

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I don't venture over to the dark side but what is the general consensus from our brain dead neighbours about the begging bowl coming out again? Are they falling for it again?

Rod does it to us every year. They get BDO to do it, a top five accounting firm.

See? Big team.

**PapillonVert** · 20-06-2013 11:16 AM

Originally Posted by Lucius Apuleius

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Fifty fathoms is nowhere deep enough PV. ;-)

Would settle for 15 fathoms.

**~~Phil D. Rolls~~** · 20-06-2013 11:17 AM

Originally Posted by Speedway

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Rod does it to us every year. They get BDO to do it, a top five accounting firm.

See? Big team.

Petrie!!!

**Treadstone** · 20-06-2013 11:18 AM

On a related/unrelated note I will pay diamonds to the person that can get me the details of the £500 per month pledgers. I am working on behalf of African royalty and have a business proposal they may be interested in.

***Northernhibee*** · 20-06-2013 11:19 AM

Originally Posted by s2hart

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I don't venture over to the dark side but what is the general consensus from our brain dead neighbours about the begging bowl coming out again? Are they falling for it again?

The plan to see the summer out is 5-1 big wee team hobos VLADIMIR ROMANOV VLADIMIR ROMANOV 1902.

**PapillonVert** · 20-06-2013 11:20 AM

Originally Posted by Purple & Green

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So, if you're not made redundant, you'll be offered the chance to work for no wages? Is that even legal?

Let's call it an "internship", shall we?

**Iain G** · 20-06-2013 11:20 AM

Originally Posted by NumberSeven

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HMFC - the club that just keeps on giving!

Should that not be the club that keeps on taking....

***Ozyhibby*** · 20-06-2013 11:22 AM

Originally Posted by Treadstone

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On a related/unrelated note I will pay diamonds to the person that can get me the details of the £500 per month pledgers. I am working on behalf of a African royalty and have a business proposal they may be interested in.

No need to pay diamonds, just ask. Most of them are on here. :-)