Share Transfers Agreed/Cooling off period

[God Petrie]

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Not sure how you read that from my post PM? I said they would agree a CVA and have a debt free club.

Yeah sorry just misread it due to the post you quoted.

[SurferRosa]

How many of Hearts ST holders pay on a payment plan? They need to sell 3000 within 14 days but i would imagine that would mean all the cash up front.....i cant see how someone paying in installments over 10 months is going to help them much.

[Gus Fring]

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How many of Hearts ST holders pay on a payment plan? They need to sell 3000 within 14 days but i would imagine that would mean all the cash up front.....i cant see how someone paying in installments over 10 months is going to help them much.

I'm sure with Hibs they get the full sum upfront from the finance company. Perhaps Hearts is the same?

[Mon Dieu4]

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How many of Hearts ST holders pay on a payment plan? They need to sell 3000 within 14 days but i would imagine that would mean all the cash up front.....i cant see how someone paying in installments over 10 months is going to help them much.

The Yams use Zebra finance the same as us, the cut off for that will well and truly have passed, also now they are in admin no company in their right mind will offer them any kind of cash or deal

[Spike Mandela]

[QUOTE=Mon Dieu4;3649385]The Yams use Zebra finance the same as us, the cut off for that will well and truly have passed, also now they are in admin no company in their right mind will offer them any kind of cash or deal[/QUOTE]

Ticketus might.

[Dashing Bob S]

The biggest fear for Hearts fans at this stage must be Rangers doing something really stupid again, thus pulling away from them on this thread.

But I have every confidence in the utter deluded lunacy and simpleton mentality of that great Edinburgh institution, to go on providing us with more belly-laughs than those weedgie upstarts.

[Technofob]

I'm getting a bit fed up with the hertz debt getting reported as £25m, surely it should be reported as AT LEAST £25m. So in anticipation of the administration document, I'm going to start the guessing at total debt of £31,795,419.27. And to generate a bit of competition I'm going to offer a bottle of Grey Grouse vodka to the nearest bid!!!!

[BarneyK]

Something I hadn't considered that someone mentioned over on the Bounce - wouldn't it be just like the thing for them to get their 15 point deduction and then be saved from relegation by someone else going into administration next year...

[Kaiser1962]

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The biggest fear for Hearts fans at this stage must be Rangers doing something really stupid again, thus pulling away from them on this thread.

But I have every confidence in the utter deluded lunacy and simpleton mentality of that great Edinburgh institution, to go on providing us with more belly-laughs than those weedgie upstarts.

Even if they do exit admin the Huns will be screaming for a transfer embargo for repeated non payment of wages. I think the huns always got paid so its only fair a transfer embargo till September 2015 at least.

[Part/Time Supporter]

Jim Spence says that Jackson told him that he couldn't guarantee that they will play their SPL fixtures.

[BarneyK]

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Jim Spence says that Jackson told him that he couldn't guarantee that they will play their SPL fixtures.

Of course he can't. That goes without saying really.

[SurferRosa]

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I'm sure with Hibs they get the full sum upfront from the finance company. Perhaps Hearts is the same?

Ah right. I wasn`t sure how it worked.

[greengnome]

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Something I hadn't considered that someone mentioned over on the Bounce - wouldn't it be just like the thing for them to get their 15 point deduction and then be saved from relegation by someone else going into administration next year...

The meeting with the SPFL / SPL tomorrow should be interesting. If there is any doubt at all that the yams cannot fulfill their full season of matches, it must be sorted asap, in the fairness to other clubs surely?

Or am I deluded!!!!

[CropleyWasGod]

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Not sure how you read that from my post PM? I said they would agree a CVA and have a debt free club.

They need to agree a CVA AND satisfy the secured creditors.

[HIBERNIAN-0762]

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The meeting with the SPFL / SPL tomorrow should be interesting. If there is any doubt at all that the yams cannot fulfill their full season of matches, it must be sorted asap, in the fairness to other clubs surely?

Or am I deluded!!!!

Absolutely! they should make this quite clear that this looks like it simply will not happen! the yams WILL NOT make it past the first 3 games in my opinion.

[hibeesjoe]

Cant anybody do a video of the steaming/drugged up bloke getting interviewed then dancing like a nutter. Seen it on youtube before but cant find it

[Spike Mandela]

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They need to agree a CVA AND satisfy the secured creditors.

Each time I think I have grasped this administration malarky one of .net authorities come along and add another layer of complexity. I need to go for a lie doon in a darkened room.

[NOLA]

sacking a couple of youth players tomorrow isnae gonna help them out their hole much

[Prof. Shaggy]

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They need to agree a CVA AND satisfy the secured creditors.

Love your work.

[Spike Mandela]

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sacking a couple of youth players tomorrow isnae gonna help them out their hole much

Yeah sacking a couple of first team players doesn't really sound like much either.Most well run clubs will be releasing more than that this year I would imagine.

[SaulGoodman]

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Yeah sacking a couple of first team players doesn't really sound like much either.Most well run clubs will be releasing more than that this year I would imagine.

They'll probably be keeping their most 'valuable' players for selling during the transfer window, if they make it that far

[Hibercelona]

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sacking a couple of youth players tomorrow isnae gonna help them out their hole much

Knowing the way Heart are run, they were probably on about 20k a week each.

[hibs4thecup1988]

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sacking a couple of youth players tomorrow isnae gonna help them out their hole much

Exactly what I said to my dad...to which he replied "maybe these are players who have offered to leave rather than sacked and the rest are willing to play for free or muccchhhhh reduced wages".

[SaulGoodman]

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Exactly what I said to my dad...to which he replied "maybe these are players who have offered to leave rather than sacked and the rest are willing to play for free or muccchhhhh reduced wages".

Can you reduce nothing?

[Hibbyradge]

Mischief beckons!

[hibs4thecup1988]

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Can you reduce nothing?

Very good point. But say they were on 10k and said they would play for 2k surely the admins would keep them - if they got paid or not.

[Kaiser1962]

Vlad paid £4.3m to acquire Hearts shares and Hearts debt when Vlad took over was £19.6m and since then, as far as I can see, it has went thus;


Income (8 seasons to 2012) £70.0m
Losses (8 seasons to 2012) £33.8m
Debt forgiveness £18.7m
Inter Company £3.9m

Hearts have spent £126.4m in those eight seasons of which the Lithuanians have contributed £56.4m. Allowing that their debt is £25m (probably much more) you could add that the Liths have spent a further £9.7m (£4.3m purchase price and increased debt £5.4m).

The Liths overall outlay in Gorgie would then be in the region of £66.1m and if they paid out the full £19.6m at takeover the Lithuanian spending at Hearts then becomes £85.7m. (Somebody brighter than me should check this though)

Perhaps Sergey could get his Lithuanian friend to remind her Government it is their duty to get as much of this back as possible and not do any underhand deals in London hotels with pished auld jakeys.

[kdhibees1]

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Cant anybody do a video of the steaming/drugged up bloke getting interviewed then dancing like a nutter. Seen it on youtube before but cant find it

http://captiongenerator.com/5318/Dim...-the-good-news

[Kaiser1962]

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Yeah sacking a couple of first team players doesn't really sound like much either.Most well run clubs will be releasing more than that this year I would imagine.

Whats the odds on one of them being Sutton. They have been trying to dump him for years.

[TRC]

love Kevin kyle moaning about Vlad quite happy to take the big bucks and put hearts in this situation but its all his fault now nasty man from Lithuania. Morons from start to finish I for one don't have one once of sympathy for the players that chased it.