Share Transfers Agreed/Cooling off period

[Treadstone]

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It depends what you mean by escaping the noose etc. Not that long ago, and probably on this very thread, some were saying that HoMFC going into administration was wishful thinking, that they'd start the season with no points deduction and continue to offer better wages than anyone else. There might or might not be a HoMFC playing football next season, but their position as it stands is:

They have gone bust - entering administration is a result of that.
If they start the season at all they will be 15 points behind everyone else.
The squad that finished 10th last season has been significantly weakened.

Those three points are indisputable the following is almost certain:

They have spent all of their season ticket money before the season has started and are unlikely to get any finance to replace it.
Even if they did they are unlikely to be able or allowed to sign any more players before January at the earliest.
There is a strong possibility that they will have no stadium to play in.

They might not disappear off the face of the earth , like many of us want, but they are not in a good place and they sure ain't smelling of roses.

The term many used was 'unscathed'. They WILL not be unscathed.

un·scathed

[uhn-skeythd]
adjectivenot scathed; unharmed; uninjured: She survived the accident unscathed.


Origin:
1325–75; Middle English; see un-1 , scathed

Synonyms
unhurt, unscratched, untouched, safe, whole.

[s.a.m]

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It depends what you mean by escaping the noose etc. Not that long ago, and probably on this very thread, some were saying that HoMFC going into administration was wishful thinking, that they'd start the season with no points deduction and continue to offer better wages than anyone else. There might or might not be a HoMFC playing football next season, but their position as it stands is:

They have gone bust - entering administration is a result of that.
If they start the season at all they will be 15 points behind everyone else.
The squad that finished 10th last season has been significantly weakened.

Those three points are indisputable the following is almost certain:

They have spent all of their season ticket money before the season has started and are unlikely to get any finance to replace it.
Even if they did they are unlikely to be able or allowed to sign any more players before January at the earliest.
There is a strong possibility that they will have no stadium to play in.

They might not disappear off the face of the earth , like many of us want, but they are not in a good place and they sure ain't smelling of roses.

[Derek Dougan]

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Selkirk gave them half the gate money

Aye, but they only got £20 for the gate. It was in need of some repair, so the puddle drinkers on brokeback are giving it a couple of coats of paint (left over from the steps) and are gonna auction it off, as they do.

[greenginger]

http://www.scotsman.com/sport/footba...ment-1-2992372


The Admin. in today's Scotland on Sunday trying to break it as gentle as possible to the Yams ( I hope )

" If the stadium is worth say £10 million for housing or £ 1 million offered by a group of fans what am I meant to do ? and what will the Lithuanians say ? "

I think he is saying his hands are tied !

[brog]

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http://www.scotsman.com/sport/footba...ment-1-2992372


The Admin. in today's Scotland on Sunday trying to break it as gentle as possible to the Yams ( I hope )

" If the stadium is worth say £10 million for housing or £ 1 million offered by a group of fans what am I meant to do ? and what will the Lithuanians say ? "

I think he is saying his hands are tied !

Yep & that's virtually the same scenario I envisaged/questioned a week or so ago. I'm glad he finally explained the Danny Wilson scenario though & IMO basically confirmed he acted beyond his remit in signing him. If he thinks someone is going to pay £500,000 for DW 6 months after he was available for nothing then the brewery fumes at PBS are seriously clouding his judgement. Interesting scenario though in that best possible outcome for Yams is for them to sell their captain half way through the season. I guess that's what big teams do!

[God Petrie]

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I also like what Sergey is saying but I still think that somehow HMFC or some variation thereof is going to escape the noose. Somehow or another they are going to get out of this and come out smelling of roses. Unfair and no way this should happen but somehow I think it will......

Just what I think.

"Some variation" of Hearts will definitely be around. The best you can hope for is a shell of a club with no stadium playing at Almondvale.

If your aim is to see them completely disappear you are setting yourself up for disappointment. The death of the current incarnation of their loathsome club and years struggling to get zombie hearts back into the top league will do me.

[God Petrie]

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http://www.scotsman.com/sport/footba...ment-1-2992372


The Admin. in today's Scotland on Sunday trying to break it as gentle as possible to the Yams ( I hope )

" If the stadium is worth say £10 million for housing or £ 1 million offered by a group of fans what am I meant to do ? and what will the Lithuanians say ? "

I think he is saying his hands are tied !

Haha the comments are great.

How are they going to use Tynecastle for houses when there is a 24 hour human cord ion around it averaging 10000 at a time.

[FranckSuzy]

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Who cares what Suzy thinks?

Springbank wants to know what Franck thinks so he can tell Sydney

Sidney will be along soon to tell us what Sidney thinks, I'm sure Franck? Well,

[#FromTheCapital]

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If your aim is to see them completely disappear you are setting yourself up for disappointment. The death of the current incarnation of their loathsome club and years struggling to get zombie hearts back into the top league will do me.

This

[steakbake]

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http://www.scotsman.com/sport/footba...ment-1-2992372


The Admin. in today's Scotland on Sunday trying to break it as gentle as possible to the Yams ( I hope )

" If the stadium is worth say £10 million for housing or £ 1 million offered by a group of fans what am I meant to do ? and what will the Lithuanians say ? "

I think he is saying his hands are tied !

Or he's interpreting what his actual job is for the deluded and hard of intelligence.

He's probably had to put up with all sorts of discussions, emails and letters from people offering piggy bank money or trying to sell him baked goods or a face painting. He's probably not reached our Sidney's letter yet for all the works of fiction and fantasy that are piling up on his desk suggesting how the big hoose can stay open.

[Fat Penlon]

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http://www.scotsman.com/sport/footba...ment-1-2992372


The Admin. in today's Scotland on Sunday trying to break it as gentle as possible to the Yams ( I hope )

" If the stadium is worth say £10 million for housing or £ 1 million offered by a group of fans what am I meant to do ? and what will the Lithuanians say ? "

I think he is saying his hands are tied !

Why is he even asking what he should do as if its a choice? He is there to maximise the return for the creditors isn't that right CWG?

[Twa Cairpets]

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Why is he even asking what he should do as if its a choice? He is there to maximise the return for the creditors isn't that right CWG?

I would suggest this is something of a rhetorical question...

[#FromTheCapital]

Suppose that FoH do take over hearts, be that in their current form or a newco. What will Ian Murrays role be after that? Considering he's supposed to be an MP which should be a full time job, he seems to be spending far too much of his time doing FoH stuff as it is.
Fwiw I can't stand the wee ******** and the fact that his profile has been raised throughout all this is starting to get on my tits. Typical hearts fud who's on a par with pishy breeks George Foulkes.

[s.a.m]

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I would suggest this is something of a rhetorical question...

The SoS will have edited out the "FFS" which followed the question....

[Hibs07p]

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http://www.scotsman.com/sport/footba...ment-1-2992372


The Admin. in today's Scotland on Sunday trying to break it as gentle as possible to the Yams ( I hope )

" If the stadium is worth say £10 million for housing or £ 1 million offered by a group of fans what am I meant to do ? and what will the Lithuanians say ? "

I think he is saying his hands are tied !

Agree totally.
He's telling them their bid will have to be substantial or it's time to move onto Livingston / Fife / Selkirk to groundshare. They might have had a chance sharing at Nitten' but they already did the dirty on them previously.

GGTTH

Ye Ha, first post on page 777, unless the admins start deleting / moving posts again.

[Ozyhibby]

Since the money was raised to sustain them through the admin they have been steadily preparing the yams for the loss of the stadium and newco. By the time it happens they will have accepted it as inevitable and worth it for 5-1.

[HiBremian]

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"Some variation" of Hearts will definitely be around. The best you can hope for is a shell of a club with no stadium playing at Almondvale.

If your aim is to see them completely disappear you are setting yourself up for disappointment. The death of the current incarnation of their loathsome club and years struggling to get zombie hearts back into the top league will do me.

Damn! Only a Murray win this afternoon will bring me out of my depression.

[greengnome]

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Damn! Only a Murray win this afternoon will bring me out of my depression.

A good cure for depression is having a look on brokenbucket... Some of the Tom T** they write makes me smile.


It's good to be a Hibby........



:pfgwa

[fat freddy]

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Suppose that FoH do take over hearts, be that in their current form or a newco. What will Ian Murrays role be after that? Considering he's supposed to be an MP which should be a full time job, he seems to be spending far too much of his time doing FoH stuff as it is.
Fwiw I can't stand the wee ******** and the fact that his profile has been raised throughout all this is starting to get on my tits. Typical hearts fud who's on a par with pishy breeks George Foulkes.

As a resident of South Edinburgh it is my misfortune to be represented by this man...it is questionable if he is actually doing the job of representing his constituents at the moment as he appears to spend every waking moment trying to keep his favourite administered West Edinburgh company afloat. Surely the Labour Party leadership has to step in at some stage and demand that this man should start taking his day job a bit more seriously? With a small majority I cant see him securing his seat at the next election as his attention seeking antics have left many of his constituents deeply dismayed.

[AndyM_1875]

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Agree totally.
He's telling them their bid will have to be substantial or it's time to move onto Livingston / Fife / Selkirk to groundshare. They might have had a chance sharing at Nitten' but they already did the dirty on them previously.

GGTTH

Ye Ha, first post on page 777, unless the admins start deleting / moving posts again.

Substantial is the key word. Jambo Accountant buddy of mine of the cynical persuasion reckons unless between 10 and 15 million hits the table everyone is wasting their time.
That's it to get the club and stadium and satisfy the CVA from Lithuania. If that's not there then its Liquidation and proceed to Newco and here's a map of how to get to Elgin and Peterhead.

[Hibs07p]

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Substantial is the key word. Jambo Accountant buddy of mine of the cynical persuasion reckons unless between 10 and 15 million hits the table everyone is wasting their time.
That's it to get the club and stadium and satisfy the CVA from Lithuania. If that's not there then its Liquidation and proceed to Newco and here's a map of how to get to Elgin and Peterhead.

I'm liking the sound of your Jambo buddy.


GGTTH

[Mellow Hibee]

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Substantial is the key word. Jambo Accountant buddy of mine of the cynical persuasion reckons unless between 10 and 15 million hits the table everyone is wasting their time.
That's it to get the club and stadium and satisfy the CVA from Lithuania. If that's not there then its Liquidation and proceed to Newco and here's a map of how to get to Elgin and Peterhead.

I would be astonished if they knocked back anything like that. I think the highest bid they will get will be around £4.5M but I think that will be borderline whether it's accepted or not.

[AndyM_1875]

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I would be astonished if they knocked back anything like that. I think the highest bid they will get will be around £4.5M but I think that will be borderline whether it's accepted or not.

4.5m might get you the stadium. That still won't satisfy the CVA or provide a stream of working capital as they have none now having spent all the income from STs.

[CropleyWasGod]

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Why is he even asking what he should do as if its a choice? He is there to maximise the return for the creditors isn't that right CWG?

As has been said, it's a rhetorical question..... with the Hearts support as his target, to explain his legal position.

[Dunderhall]

Is he at Wimbledon today?

[Seveno]

I would be astonished if the Liths or BDo havent yet instructed a valuation of the PBS. We need a mole in Rydens and/ or the rest of the main Surveyors in Edinburgh.

[lucky]

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As a resident of South Edinburgh it is my misfortune to be represented by this man...it is questionable if he is actually doing the job of representing his constituents at the moment as he appears to spend every waking moment trying to keep his favourite administered West Edinburgh company afloat. Surely the Labour Party leadership has to step in at some stage and demand that this man should start taking his day job a bit more seriously? With a small majority I cant see him securing his seat at the next election as his attention seeking antics have left many of his constituents deeply dismayed.

This FoH will do him harm at all. For every Hibs fan that votes against him a yam will vote for him. MPs get involved in a lot of issues, look at the number that are lawyers or company directors. Lucky if he does an hour a day spouting pish for them.

[Viva_Palmeiras]

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Sidney will be along soon to tell us what Sidney thinks, I'm sure Franck? Well,

"Screens matron - screens!"

[truehibernian]

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This FoH will do him harm at all. For every Hibs fan that votes against him a yam will vote for him. MPs get involved in a lot of issues, look at the number that are lawyers or company directors. Lucky if he does an hour a day spouting pish for them.

Think you are wrong there lucky - I too live in IM's constituency and have already told him directly my vote will be cast elsewhere due to his work with Hearts - not the fact it is Hearts, but due to him showing absolutely no contrition on behalf of Hearts at their mismanagement, non payment of taxes and the redundancies whilst employing rich footballers (regardless of what admin law states).

I've spoken to a fair few people who live, work and have companies in the area, many of whom have no interest in football - most don't have time for him and many that voted Labour are now considering other parties or not casting a vote.

I'd like him campaigning for more investment in sporting facilities, better changing rooms, more 3G pitches in and around public parks in Edinburgh South - not campaigning for an ailing football club who has failed to do what other competitor clubs have done bar a couple and that is pay it's dues. As with many politicians, for me his moral compass has gone array and been clouded by an emotional attachment to a football club. I wonder if he's provided ant help and assistance to those staff that lost their job ? Might be a good question to pose to him ? His replies to me were just condescending political nonsense if truth be told. Bring back Nigel 'come into my office' Griffiths

[steakbake]

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I would be astonished if the Liths or BDo havent yet instructed a valuation of the PBS. We need a mole in Rydens and/ or the rest of the main Surveyors in Edinburgh.

Maybe that's what the step painting was all about. After all, who doesn't tart up their midden when the surveyor is coming around to do a valuation. Freshly painted steps will add at least a fiver.