Share Transfers Agreed/Cooling off period

[Waxy]

If Massone sold swynie and led the yams into the Lowland league............i'd probably involunteraly cream myself.

[degenerated]

This is vintage. A bidding war for hearts really has attracted the worst sort of people. A serial fantasist advised by a corrupt ex council employee. An MP who's snout is never far from the trough, he'd turn up for the opening of a packet of crisps. And a wide boy spiv who has already run one scottish club into the ground.

[greenginger]

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Is this the same Five Star Football Massone leads. Hope so - Taken from business check

Business Overview


Five Stars Football Limited is an Active business incorporated in Scotland on 11th June 2012. Their business activity has not been recorded. Five Stars Football Limited is run by 1 current members. It has no share capital. It is not part of a group.


The company has not yet filed accounts. Five Stars Football Limited's risk score was amended on 13/06/2012.

The company is registered at a house address.

7 Deaconsbank Grove, Thornliebank, Glasgow.

Had a look on Google map and Sat. Decent enough area ( for Weege ) but not Mansion Country.

[Sanger]

Given UBIG still not in administration and the freezing of Romanov's assets only a newco could see a sale to one of the three. Transfer all assets to Newco and sell to preferred bidder with proceeds going in trust to old co until UBIG/frozen assets resolved. Would a newco remain in top league or have to re-apply to bottom tier? Anyway if any of the three are successful then New HMFC would go from one financial crisis to another. The whole things a mess and even if we don't get liquidation will be very enjoyable to watch. Karma what ever happens

[hibee_nation]

At the end of the day we can't fail with whoever gets preferred bidder status, i think on balance i would laugh loudest at Massone winning.

[Glory Lurker]

Think we're jumping to conclusions here. Could Five Star Football in fact be the Pearsons from Romford? They've not had a hit in ages, but made a packet in the '80s. Maybe they've been keeping it in the bank, just waiting for the right investment? Get it cheap then splash the cash? And they'll have half time choreographed dancing on tap. We'll no be laughing then.

[Famous Fiver]

So it looks like Ann Budge and JK Rowling have kept their hands in their pockets, at least for now. If I've got this right, we have a guy from Sheltered Housing in Peebles. a not fit and proper Italian, and a potless group of fans. BDO need to play a stormer to make a silk purse out of that lot. I think they will be looking to delay and delay so that Premier League status is preserved. Over to you SPL!!!!

[steviehibsleith]

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The company is registered at a house address.

7 Deaconsbank Grove, Thornliebank, Glasgow.

Had a look on Google map and Sat. Decent enough area ( for Weege ) but not Mansion Country.

I need to up my game to get to your level.....of stalking

[Alfred E Newman]

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What do the 5 stars represent?

*****,
*****,
glorious *****!

Obviously 5-1

[Dunderhall]

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Think we're jumping to conclusions here. Could Five Star Football in fact be the Pearsons from Romford? They've not had a hit in ages, but made a packet in the '80s. Maybe they've been keeping it in the bank, just waiting for the right investment? Get it cheap then splash the cash? And they'll have half time choreographed dancing on tap. We'll no be laughing then.

It could be this 5 star football organisation

Someone should let them know.

5-Star football has been part of this community for over 50 years. It is our goal to provide a quality environment and a safe venue to introduce kids to football and to prepare them with the tools necessary for the high school level and beyond

.

[Gus Fring]

The 3 bids combined aren't close to what BDO were hoping for. They are going push forward but, as of this evening, liquidation looks like the most likely outcome. Even if they manage to get one of the bidders to come up with the cash needed the process of actually untangling the ownership may be too much to overcome. "A run of good luck with UBIG is needed" I was told.

Also, my source is still maintaining that Angelo Massone is not involved.

[greenginger]

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I need to up my game to get to your level.....of stalking

Well it helps to know if its Peebles sheltered housing or a Craig Whyte Castle we'll be up against.

[CropleyWasGod]

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The 3 bids combined aren't close to what BDO were hoping for. They are going push forward but, as of this evening, liquidation looks like the most likely outcome. Even if they manage to get one of the bidders to come up with the cash needed the process of actually untangling the ownership may be too much to overcome. "A run of good luck with UBIG is needed" I was told.

Also, my source is still maintaining that Angelo Massone is not involved.

Any clues as to how much that is?

[Springbank]

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Doubtful, in the area there is a Scotmid, a LIDL and a Sainsbury's with a second LIDL and an Asda a bit further away.

It's unlikely another supermarket would be approved, or that one would seek to move into the area.


Flats are surely the obvious thing. I don't buy the dangerous area chat, there's a school next door!

Then again there's permission for a morrisons at fruit market (that morrisons have recently said they won't build as they're looking elsewhere) and its right across from asda and round the corner from Sainsburys.

[Eyrie]

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In The Rangers defence, their fans didn't have much time to mobilise. Everything kinda came out of the blue.

Fans of Hearts have known this would happen for at least five years and did NOTHING to prevent it.

The Yams did nothing to prevent it because they were too busy supporting the Romanov regime and its financial doping. Actually asking hard questions would have been beyond them, and in many cases it still is.

[Gus Fring]

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Any clues as to how much that is?

I believe they were looking for a least £6.2m - 07m

Seriously though, 6m-7m was the figure

[CropleyWasGod]

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I believe they were looking for a least £6.2m - 07m

Seriously though, 6m-7m was the figure

That sounds reasonable IMO.

I am shocked, though, if what you're saying about the bids is true. I was expecting at least one of £5m or so.

[21.05.2016]

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I believe they were looking for a least £6.2m - 07m

Seriously though, 6m-7m was the figure

[Dashing Bob S]

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Then again there's permission for a morrisons at fruit market (that morrisons have recently said they won't build as they're looking elsewhere) and its right across from asda and round the corner from Sainsburys.

Couldn't find Scott's original post but I thought the 'dangerous area' designation related specifically to the school and the dangers to children by the proximity of a stadium crammed full of nonces. If the stadium was gone, it would by definition no longer be a dangerous area, thus suitable for supermarket development.

[Treadstone]

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Well it helps to know if its Peebles sheltered housing or a Craig Whyte Castle we'll be up against.

Google street map was the first thing I done with the Peebles address. Took me five minutes before I stopped laughing. No hot drink was spluttered over the keyboard.

[Dashing Bob S]

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That sounds reasonable IMO.

I am shocked, though, if what you're saying about the bids is true. I was expecting at least one of £5m or so.

If the individual bids are really so derisory, even given the shoddy caliber of the parties involved, then it's hard to see anything other than liquidation. Now wonder Doncaster was sighted checking Cappliow.

[CropleyWasGod]

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If the individual bids are really so derisory, even given the shoddy caliber of the parties involved, then it's hard to see anything other than liquidation. Now wonder Doncaster was sighted checking Cappliow.

I would be interested in hearing whether anybody replied to the "other advert", for the assets of the company. Indeed, whether any of the bidders today are in it just for the assets.

[Waxy]

Could they open the bidding up again?
Hope not.
Doubt it would achieve much.

[CropleyWasGod]

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Could they open the bidding up again?
Hope not.
Doubt it would achieve much.

Whilst the discussions with the bidders are ongoing, there's always the chance of someone else making a late bid, like Chucky.

[bighairyfaeleith]

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Could they open the bidding up again?
Hope not.
Doubt it would achieve much.

hope so, be great if they started the season in admin, imagine them getting the bus to Easter Road for a derby, having to walk the last 1/4 mile over the bridge. Be ****ing hysterical. They will die, but lets not rush things, this is too much fun.

[Golden Bear]

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Google street map was the first thing I done with the Peebles address. Took me five minutes before I stopped laughing. No hot drink was spluttered over the keyboard.

Word on the street is that this guy Jamieson has little or no assets to speak of and is certainly not cash rich.

I particularly like this recent press quote:-

"According to credit agency records, since the late 1980s Jamieson has been the director of 21 other companies which were subsequently dissolved. They include Boroughmuir (Sales) Limited, Bush Beverages Limited, Internet TV Limited and Superpuck Ltd. Jamieson was unavailable for comment last night."

[Dunderhall]

I had a quick look but no success.
Does anyone know/find the restrictions on the sale of the old school.
i thought it was meant to be on the market by now.

[HibeeB]

A wee warning from Alex Mackie from last year...


http://www.scotsman.com/the-scotsman...ters-1-2642387

"ALEX Mackie, chairman of the Foundation of Hearts, has emphatically stated that his consortium will have no dealings with controversial former Livingston owner Angelo Massone and has described the Italian’s interest in the club as “very concerning”."

[Golden Bear]

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A wee warning from Alex Mackie from last year...


http://www.scotsman.com/the-scotsman...ters-1-2642387

"ALEX Mackie, chairman of the Foundation of Hearts, has emphatically stated that his consortium will have no dealings with controversial former Livingston owner Angelo Massone and has described the Italian’s interest in the club as “very concerning”."

The phrase beggars can't be choosers comes to mind.

[HibeeB]

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The phrase beggars can't be choosers comes to mind.

Maybe Fish was good choice for a begging concert...