Share Transfers Agreed/Cooling off period

[CropleyWasGod]

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HutchyHibby wonders how BDO will get their Administrators fee anytime soon? ;-)

CWG has no idea, mate.

[CropleyWasGod]

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Can't see how I was discrediting you... ;-) I am no troll just a lurker. You've got it right in the last stab in the dark... Be kind to me, the last time I posted (a couple of years ago) someone gave me kicking and I now assume it was a CWG hater who couldn't read

That'll be my kids, then.

[BigKev]

So... If BDO claim they've only got money to see them through to Christmas time is that not another breach of rules whilst confirming there's no guarantee they can fulfill the season's fixtures? Surely they have to be kicked out the league structure or am I being too simplistic?

[Part/Time Supporter]

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So... If BDO claim they've only got money to see them through to Christmas time is that not another breach of rules whilst confirming there's no guarantee they can fulfill the season's fixtures? Surely they have to be kicked out the league structure or am I being too simplistic?

Yes

1. Two weeks ago, they didn't have a pot to piss in - that's been largely rectified thanks to the efforts of their fans.

2. What they mean is that the funds they have now and the guaranteed income due to come in would get them to Christmas at least. If the administration drags on longer than expected then they'll reassess the situation in the autumn.

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This BDO Mob are not to my liking they seem to be favouring the yams instead of looking after the creditors best interests

I do love how folk throw around serious accusations without the slightest bit of supporting evidence.

[Steve20]

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So... If BDO claim they've only got money to see them through to Christmas time is that not another breach of rules whilst confirming there's no guarantee they can fulfill the season's fixtures? Surely they have to be kicked out the league structure or am I being too simplistic?

They'll see the season out. I still can't see them going into liquidation at all. They'll get a CVA and new owners.

[CropleyWasGod]

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Jeez, what sort of muppets are in charge here ..

.. I mean ..

.. I could understand losing count if it were a few dozen .. but not being able to count the amount of bidders where you only need one hand (and don't even need all the fingers on it) is ridiculous!

FFS, Stevie, if you've learned one thing over the past 18 months, it's that accountants NEVER give exact answers.

"What's 1 plus 1?"

"What would you like it to be?"

[CropleyWasGod]

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They'll see the season out. I still can't see them going into liquidation at all. They'll get a CVA and new owners.

And the frozen shares?

(No.29 in the CWG book of standard answers.)

[brog]

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Yes

1. Two weeks ago, they didn't have a pot to piss in - that's been largely rectified thanks to the efforts of their fans.

2. What they mean is that the funds they have now and the guaranteed income due to come in would get them to Christmas at least. If the administration drags on longer than expected then they'll reassess the situation in the autumn.



I do love how folk throw around serious accusations without the slightest bit of supporting evidence.

Signing Danny Wilson could be construed as supporting evidence. They're accountants, not football managers.

[sidneyhibbie]

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They'll see the season out. I still can't see them going into liquidation at all. They'll get a CVA and new owners.

Thats yamland thinking real world now these BDO Mob saying ten interested parties is a bluff sit tight and wait i think their will be no bids or at best that stupid plumber bloke will offer to clear the blocked drains in the asbestos stand for free in return for ownership.

you gotta paint a face or two 7-0 ya yam fuds.

[CropleyWasGod]

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[/B]Signing Danny Wilson could be construed as supporting evidence. They're accountants, not football managers.

They would have done so on the advice of the football staff.

In the same way that Rod does.......oh wait, I get your point.

[Aldo]

If they haven't managed to reach their target
Then does that mean they have a
Shortfall within a shortfall.

Surely this will be the final nail??

(And if this is the case how the hell do
They still manage to bring in players)

[Ozyhibby]

So only chance of anything significant happening is a week on Friday if none of the bidders come up with enough of a bid to satisfy Ukio? Otherwise they stay in admin until they run out of cash or the shares are unfrozen?

[Part/Time Supporter]

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If they haven't managed to reach their target
Then does that mean they have a
Shortfall within a shortfall.

Surely this will be the final nail??

(And if this is the case how the hell do
They still manage to bring in players)

"3000" was a target, not a deadline. It doesn't really matter if they sell a few hundred less or a few hundred more. The important thing was to raise enough cash to ensure the business could continue trading, which they've done.

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Signing Danny Wilson could be construed as supporting evidence. They're accountants, not football managers.

They set a budget. Sutton turned down a wage, which meant they had a wage spare for Wilson.

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So only chance of anything significant happening is a week on Friday if none of the bidders come up with enough of a bid to satisfy Ukio? Otherwise they stay in admin until they run out of cash or the shares are unfrozen?

It's far more likely that the highest bidder (most likely the McKie group) will be nominated preferred bidder at some point in the following week. Then discussions will continue about securing the shares for sale and the price(s) to be paid.

[CropleyWasGod]

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So only chance of anything significant happening is a week on Friday if none of the bidders come up with enough of a bid to satisfy Ukio? Otherwise they stay in admin until they run out of cash or the shares are unfrozen?

The 12th is only a deadline. It will take some time after that to assess any bids, and for UKIO/UBIG to consider them.

And, as with Rangers, deadlines can be moved.

[Eyrie]

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Signing Danny Wilson could be construed as supporting evidence. They're accountants, not football managers.

As evidenced by their mistaking Wilson for a decent player.

[CropleyWasGod]

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As evidenced by their mistaking Wilson for a decent player.

You saying accountants can't spot a decent player????

I still have faith in Valdas Trakys.

[Part/Time Supporter]

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As evidenced by their mistaking Wilson for a decent player.

1. They offered the contract to Sutton first (because they needed a striker more)

2. They couldn't sign anybody else.

[sidneyhibbie]

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The 12th is only a deadline. It will take some time after that to assess any bids, and for UKIO/UBIG to consider them.

And, as with Rangers, deadlines can be moved.

This is the most annoying the goal posts always seem to get changed the coffin is out with the corpse of the yams in it dead and the final nail is half hit in when something happens to delay the final hit of the final nail.

Then you go on brokeback and they seem un concerned even happy WTF.

They are in denial heads buried in the sand the reality is a 15 point deduction at the very least, probable Liquidation, a team of kids payed buttons, and gubbed every week.

feel the pain yam fuds.

[CropleyWasGod]

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This is the most annoying the goal posts always seem to get changed the coffin is out with the corpse of the yams in it dead and the final nail is half hit in when something happens to delay the final hit of the final nail.

Then you go on brokeback and they seem un concerned even happy WTF.

They are in denial heads buried in the sand the reality is a 15 point deduction at the very least, probable Liquidation, a team of kids payed buttons, and gubbed every week.

feel the pain yam fuds.

Don't you get it? The most fulfilling of human experiences is when there is a long build-up of anticipation.

Just look at Daffy.

[SkintHibby]

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Merely my personal view... IMO she's a munter....

Just cause she is seen with a Jambo roaster there's no need for that.

Lets see your lady then, I dare you!

[Fat Penlon]

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You don't even need me ;)

The number Jamie has is "accurate" but as mentioned, not all of them have actually been paid for yet as a few hundred are still pending due to being paid with credit card (I can't get that exact number unfortunately). Adult season tickets account for about ~1600 & more than half the overall total were done on Zebra finance.

If that's the case then the numbers don't add up for me. How can that and a 5 figure sum from Wonga raise the BDO quoted figure of almost 750,000? also if that's what they have in addition to the spfl payment in August then how is that enough to run an Spl club for 6 months +?

The numbers just don't add up?

[grunt]

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If they haven't managed to reach their target
Then does that mean they have a
Shortfall within a shortfall.

Surely this will be the final nail??

(And if this is the case how the hell do
They still manage to bring in players)

Is this some form of haiku?

[brog]

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They would have done so on the advice of the football staff.

In the same way that Rod does.......oh wait, I get your point.

I had exact same thought as I submitted the post!!

[steviehibsleith]

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If that's the case then the numbers don't add up for me. How can that and a 5 figure sum from Wonga raise the BDO quoted figure of almost 750,000? also if that's what they have in addition to the spfl payment in August then how is that enough to run an Spl club for 6 months +?

The numbers just don't add up?

Hope the spfl implement a fine close to the sevco one for bringing the game into disrepute, probably safer just to withold £100,000 from the payment they will be due .

[sidneyhibbie]

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Don't you get it? The most fulfilling of human experiences is when there is a long build-up of anticipation.

Just look at Daffy.

Dont worry i am in it for the long haul hibbie for life am i and is all my family they are now mocking me on brokeback but to the ****bo yam losers i give them this

http://www.youtube.com/watch?v=eY2RJkUUruQ

[Iggy Pope]

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Dont worry i am in it for the long haul hibbey for life am i and is all my family they are now mocking me on brokeback but to the ****bo yam losers i give them this

http://www.youtube.com/watch?v=eY2RJkUUruQ

I like the sound of you Snidey

Edit. I mean Sidney. Sidney 'hibbey' that is. ARF!

[Kato]

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Dont worry i am in it for the long haul hibbie for life am i and is all my family they are now mocking me on brokeback but to the ****bo yam losers i give them this

http://www.youtube.com/watch?v=eY2RJkUUruQ

Those pigeons are high.

[Dunderhall]

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Dont worry i am in it for the long haul hibbie for life am i and is all my family they are now mocking me on brokeback but to the ****bo yam losers i give them this

http://www.youtube.com/watch?v=eY2RJkUUruQ

Interesting tea bag, I'm sure that nose has got longer.

[jgl07]

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It's not taxable

It is interesting that much of the financial help provided to Hearts is in the form of buying season tickets (mostly juniors) rather than cash donations. The season tcket will attract VAT unlike the caske bake proceeds and share (cough) issues.

It seems a dumb way to go. Especially with the daily updates on sales. The tax authorities will be calculating their share as we speak.

[PatHead]

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It is interesting that much of the financial help provided to Hearts is in the form of buying season tickets (mostly juniors) rather than cash donations. The season tcket will attract VAT unlike the caske bake proceeds and share (cough) issues.

It seems a dumb way to go. Especially with the daily updates on sales. The tax authorities will be calculating their share as we speak.

Don't forget they are also filling seats that could be sold on a weekly basis as they fill the ground