Share Transfers Agreed/Cooling off period

[marinello59]

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surely that was money that they were going to get anyway? just a bit sooner.

Yes it was but getting it now helps them get towards the point when they can get match day income again. It does just shift the problem along though.

[Hibby Kay-Yay]

Heart of Midlothian issued with complaint
Monday, 01 July 2013


The Compliance Officer has issued the following Notice of Complaint:

Alleged Party in Breach: Heart of Midlothian FC
Date: 19th June 2013
Disciplinary Rule(s) allegedly breached:

Disciplinary Rule 14(g): Suffering an insolvency event by entering into administration on 19th June 2013.

Principal Hearing Date: Thursday, 18th July 2013.

Heart of Midlothian have until Monday, 8th July 2013 to respond to the complaint.

Disciplinary Rule 14: Full membership or associate membership may be suspended or terminated, or a fine may be issued, in any of the following circumstances:-
(a) where a club fails to have its ground accepted by the Board for the current playing season;
(b) where a club fails for 2 successive playing seasons to play and complete its participation in the Challenge Cup Competition;
(c) where a full member entitled to have a representative at a general meeting facilitates representation by a person who does not qualify as its representative in terms of Article 40;
(d) where a full member or associate member becomes a member of another National Association or of any other body promoting football which is not authorised by the Scottish FA;
(e) where the Judicial Panel has exercised its power of expulsion in relation to a full member or associate member in terms of Article 98;
(f) where the club has had its Club Licence suspended for a period in excess of 6 months or where it has been determined by the Board that a club has failed to meet the required minimum standards as prescribed in the Club Licensing Procedures;
(g) where a full member or an associate member suffers or is subject to an insolvency event.


taken from here - http://www.scottishfa.co.uk/scottish...wsCategoryID=1

a) Have they obtained a safety certificate yet?
c) Where do they stand on that one?
g) Is the obvious one here.

[Waxy]

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Heart of Midlothian issued with complaint
Monday, 01 July 2013


The Compliance Officer has issued the following Notice of Complaint:

Alleged Party in Breach: Heart of Midlothian FC
Date: 19th June 2013
Disciplinary Rule(s) allegedly breached:

Disciplinary Rule 14(g): Suffering an insolvency event by entering into administration on 19th June 2013.

Principal Hearing Date: Thursday, 18th July 2013.

Heart of Midlothian have until Monday, 8th July 2013 to respond to the complaint.

Disciplinary Rule 14: Full membership or associate membership may be suspended or terminated, or a fine may be issued, in any of the following circumstances:-
(a) where a club fails to have its ground accepted by the Board for the current playing season;
(b) where a club fails for 2 successive playing seasons to play and complete its participation in the Challenge Cup Competition;
(c) where a full member entitled to have a representative at a general meeting facilitates representation by a person who does not qualify as its representative in terms of Article 40;
(d) where a full member or associate member becomes a member of another National Association or of any other body promoting football which is not authorised by the Scottish FA;
(e) where the Judicial Panel has exercised its power of expulsion in relation to a full member or associate member in terms of Article 98;
(f) where the club has had its Club Licence suspended for a period in excess of 6 months or where it has been determined by the Board that a club has failed to meet the required minimum standards as prescribed in the Club Licensing Procedures;
(g) where a full member or an associate member suffers or is subject to an insolvency event.


taken from here - http://www.scottishfa.co.uk/scottish...wsCategoryID=1

a) Have they obtained a safety certificate yet?
c) Where do they stand on that one?
g) Is the obvious one here.

Or we can make up a rule if it's the rangers or the edinburgh rangers

[sidneyhibbie]

So with all the beging all they could muster was a mere couple of thousand which is way short of what BDO Said was required only option for BDO Is to slash costsor liquidate next week or 2 could be very interesting.

[Liberal Hibby]

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Or we can make up a rule if it's the rangers or the edinburgh rangers

It says 'may'. The SFA are perfectly entitled to issues any or none of these punishments. It's a bit of a stretch to say this section gives them the ability to impose different punishments - but it doesn't specifically exclude it either (and there's almost certainly a catch all clause elsewhere that allows them to punish any club in any way they see fit for breaching the rules).

And in my view punishing financially impecunious clubs with monetary fines is a bit pointless. And I suspect the SFA agree too - hence their decision re the Pars. Frankly don't see any conspiracy here.

[Billy Whizz]

Depends if they are getting a share of the gate or not

[YehButNoBut]

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So with all the beging all they could muster was a mere couple of thousand which is way short of what BDO Said was required only option for BDO Is to slash costsor liquidate next week or 2 could be very interesting.

States in todays article on Hearts website that to date they have sold around 2,000 ST's well short of the target figure and can't see them selling many more now.

http://www.heartsfc.co.uk/articles/2...241384_3225790

[sidneyhibbie]

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Locke has made Wilson his captain for next season.

http://www.heartsfc.co.uk/articles/2...241384_3226071

Article also says they have sold 2,000 ST's so far.

A captain on half price wages will hardly inspire 3000 was the minimum target another failure.

[Sean1875]

He's just been appointed their new club captain

[Treadstone]

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He's just been appointed their new club captain

hope the tattooed lady is 'manning up'.

[grunt]

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Totally agree. .

Can I just say how pleased i was to see Dinkydoo agreeing with Keekaboo ! :D

[Sean1875]

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States in todays article on Hearts website that to date they have sold around 2,000 ST's well short of the target figure and can't see them selling many more now.

http://www.heartsfc.co.uk/articles/2...241384_3225790

How long in terms of their two-week deadline do they have left to sell the 1k?

[greenginger]

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States in todays article on Hearts website that to date they have sold around 2,000 ST's well short of the target figure and can't see them selling many more now.

http://www.heartsfc.co.uk/articles/2...241384_3225790

I wonder if the 2000 tickets is an exageration to keep the big-team mentality in tack, or an understatement to try to force more sales ?

Past behaiour by the Yams can't really be used as a guide as BDO is now calling the shots.

Whatever the sales I'm sure they will keep going with explanations of Wonga cash, cake sales and raffles making up the difference.

Its the offers of hard cash on the 12th that will write the script or the epitaph for HOMFC 1974.

[Gatecrasher]

What Billy says, but it would be a good chance to see what they look like before playing us?

[Deansy]

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States in todays article on Hearts website that to date they have sold around 2,000 ST's well short of the target figure and can't see them selling many more now.

http://www.heartsfc.co.uk/articles/2...241384_3225790

And, as someone has already mentioned, shows any potential buyers that Hearts are maybe not quite as big as their mouths - threatened with extinction yet not enough support to meet the target set to 'save them' !!

[CallumLaidlaw]

The Hearts players have recieved an advance on their wages according to the Evening news on Twitter

[Gmack7]

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The Hearts players have recieved an advance on their wages according to the Evening news on Twitter

An advance on something that's late?
That's a good one

[PatHead]

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The Hearts players have recieved an advance on their wages according to the Evening news on Twitter

How can you get an advance on something that is late? Can this quote be moved to the Barry Anderson thread as it is as good as all the others he comes out with.

[CropleyWasGod]

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How can you get an advance on something that is late? Can this quote be moved to the Barry Anderson thread as it is as good as all the others he comes out with.

It's not actually so daft.

IIRC, the last wages were due before they went into administration. That unpaid amount is now part of the administration creditors pot, and is therefore unlikely to be paid.

Paying part of the next lot of wages, in advance, recognises that the players haven't been paid for 6 weeks.

[green glory]

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How can you get an advance on something that is late? Can this quote be moved to the Barry Anderson thread as it is as good as all the others he comes out with.

We can't blame this one on Banderson unfortunately as he's away on holiday.

I would've thought it would be gardening leave by now. His bowler hat must be on a shoogly peg now considering how much of a **** he's made of himself recently.

[sidneyhibbie]

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It's not actually so daft.

IIRC, the last wages were due before they went into administration. That unpaid amount is now part of the administration creditors pot, and is therefore unlikely to be paid.

Paying part of the next lot of wages, in advance, recognises that the players haven't been paid for 6 weeks.

another slimey underhanded morally wrong way to avoid paying debt.

[Judas Iscariot]

Hahaha

What a waste

[green glory]

Twitter combo with the EEN:

@edinburghsport: Hearts players have been handed a wages advance. Full story soon on http://t.co/4RQNn1YqDM

@jj_bruce: @edinburghsport An advance on late wages. an interesting contradiction.

@edinburghsport: @jj_bruce They are being paid part of July wages. June wages will have to be paid by a new owner

@edinburghsport: @jj_bruce They are being paid part of July wages. June wages will have to be paid by a new owner

@jj_bruce: @edinburghsport registered within 30 days. Potentially a £1.1m fraud of Edinburgh citizens? EEN silent.

Waiting for a reply to the last one eagerly.

[grunt]

Sorry but I don't understand that last one?

[green.and.white]

New club captain, just when I thought they couldn't get any more tragic

[YehButNoBut]

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Twitter combo with the EEN:

@edinburghsport: Hearts players have been handed a wages advance. Full story soon on http://t.co/4RQNn1YqDM

@jj_bruce: @edinburghsport An advance on late wages. an interesting contradiction.

@edinburghsport: @jj_bruce They are being paid part of July wages. June wages will have to be paid by a new owner

@edinburghsport: @jj_bruce They are being paid part of July wages. June wages will have to be paid by a new owner

@jj_bruce: @edinburghsport registered within 30 days. Potentially a £1.1m fraud of Edinburgh citizens? EEN silent.

Waiting for a reply to the last one eagerly.

Another chunk of the season ticket money gone already.

[Col2]

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Sorry but I don't understand that last one?

I think it's the so called fraud share issue which fleeced the yams of £1.1m but the 'shared' were never registered and no share certificates.

[Sanger]

A Yam at work still thought Wonga were giving them the £1m and told me the Jambos all think Barry Anderson is a Hibee'

[josef k]

Have they announced Zaliukas & Driver have gone yet? There was going to be an announcement of further players made redundant and these two (contracts until August?) were identified as the two to go. Just wondering as I think they may try to do a 'Wilson style' (technically correct but morally repugnant) deal with them also. Undoubtedly with a wink about wage rises when they slither out of Admin...

[easty]

Ian Murray on BBC2 just now on the Daily Politics.....so guess what he's doing?

a/ Talking about Politics
b/ Talking about Hearts
c/ Tasting and talking about burgers