hibs.net Messageboard

View Poll Results: What's your preferred outcome from the financial problems over at Yam land?

Voters
1526. You may not vote on this poll
  • Hertz do not exist anymore

    746 48.89%
  • Hertz survive but play in a lower league

    560 36.70%
  • Hertz survive and stay in SPL

    49 3.21%
  • Don't care about them

    171 11.21%
Page 896 of 1582 FirstFirst ... 3967968468868948958968978989069469961396 ... LastLast
Results 26,851 to 26,880 of 47452
  1. #26851
    First Team Regular Dunderhall's Avatar
    Join Date
    Dec 2012
    Location
    Haddington
    Age
    59
    Posts
    604
    Quote Originally Posted by StevieC View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I think they'd said that any money taken would be returned if they were unsuccesful. I suspect that, as others have suggested, they know that they don't have enough and are postponing rather than the costly route of refunding. Also, the longer that they hang in there the more chance of the league starting and the higher the chance of them being allowed to continue in the SPFL after it all implodes.
    On the pledge part of the FoH site, it says the current date for DDs will be 2nd Aug with the caveat that if they are still in negotiations then "an appropriate date will be decided".
    It looks like the timing is down to the minimum 3 working days notification under the DD guarantee scheme.

    I don't think there is much to be read into the timing at this point unfortunately, the pledgers agree to pay any refund costs so they are covered that way as well.
    It makes the decision not to take the payments strange to me.

    I'm not arguing they may know the game's up for the current bid, just I don't see this as an indication of it.
    Last edited by Dunderhall; 30-07-2013 at 06:02 PM.


  2. Log in to remove the advert

  3. #26852
    Left by mutual consent!
    Join Date
    Oct 2006
    Posts
    3,588
    Quote Originally Posted by Mon Dieu4 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    If you don't give money you are not a real fan, aye you are, no your no, you are a bawbag and a roaster, yer ma is a roaster

    FoH marketing and PR is shocking, do you want Alastair Campbell to do the PR, your ma is a roaster etc Haha

    And the ground is now only worth £2m .. I'd say the ground is worth negative money myself, but it's the land that developers will be after ... and certainly not for only £2m!!!

  4. #26853
    First Team Breakthrough Joy Zipper's Avatar
    Join Date
    Dec 2005
    Location
    Edinburgh.
    Age
    54
    Posts
    496
    Quote Originally Posted by The Green Goblin View Post
    This quote is hidden because you are ignoring this member. Show Quote
    He is right about the bit in bold though.
    Brilliant!

  5. #26854
    @hibs.net private member
    Join Date
    Apr 2007
    Posts
    3,275
    Quote Originally Posted by South Sub View Post
    This quote is hidden because you are ignoring this member. Show Quote
    He'd need his own postcode if he started getting replies.

  6. #26855
    I said weeks ago that FOH are unlikely to start taking Direct Debits. If they had taken the money out of peoples bank accounts on friday as planned and they didn't get control of Hearts or it drags on and on then people would be demanding refunds. That would be a massive pain to refund so many people. My guess is they know nothing is going to come of it but don't want to be the ones that give the game away.

  7. #26856
    Coaching Staff
    Join Date
    Aug 2005
    Location
    Dunfermline
    Age
    40
    Posts
    13,337
    Gamer IDs

    Gamertag: Myjo5984 Wii Code: 3916 0145 9394 9493
    Quote Originally Posted by s.a.m View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I'm struggling with that one myself, Bob. Instant fun and fireworks, or a protracted, slow-burn, gift-that-keeps-giving scenario?

    On balance, I think I'm going to have to go for the more cautious 'bird in the hand is worth two in the bush' approach, and opt for instant extermination. You just never know. ?
    If they implode this week then the league will have to carry on but with HoMFC unable to honour fixtures so every Hearts game would be recorded as a 3-0 victory for the opposition.

    Im warming to the idea of seeing the table at the end of the season with Hearts on -15 points and a -114 goal difference

  8. #26857
    @hibs.net private member Spike Mandela's Avatar
    Join Date
    Aug 2002
    Location
    Alloa
    Age
    59
    Posts
    10,983
    Blog Entries
    1
    Quote Originally Posted by Sergey View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Me too, Bob.

    Them starting the season in a moribund state, reliant on fans pledges which will undoubtedly peter-out once the internal squabbles and bickering within FoH really kick-in, and upon implosion, they're kicked-out of the SPL. Divisions...divisions
    Why is Bryan Jackson all over the radio today stating he is still 'optimistic' of a deal be done with a bidder if it seems so inevitable that liquidation looms? Might UKIO do a deal if the bidders stump up a little bit more?

  9. #26858
    Quote Originally Posted by Spike Mandela View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Why is Bryan Jackson all over the radio today stating he is still 'optimistic' of a deal be done with a bidder if it seems so inevitable that liquidation looms? Might UKIO do a deal if the bidders stump up a little bit more?
    That's his job, he has to try his best to get the club sold as a going concern and shouldn't give up until liquidation is unavoidable. It's entirely possible at this stage that Hearts will still be sold. Just because liquidation is the most likelydoesn't mean it will eventually come to pass.

  10. #26859
    Testimonial Due SmashinGlass's Avatar
    Join Date
    Aug 2003
    Location
    Edinburgh
    Age
    44
    Posts
    1,959
    Quote Originally Posted by Spike Mandela View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Why is Bryan Jackson all over the radio today stating he is still 'optimistic' of a deal be done with a bidder if it seems so inevitable that liquidation looms? Might UKIO do a deal if the bidders stump up a little bit more?
    I personally think its to be expected. Everything he says will be caveated with the L word, however. I think he's trying to keep the roasters onside but knows deep down the clock is ticking

  11. #26860
    First Team Breakthrough Siralbertkidd's Avatar
    Join Date
    Jan 2008
    Location
    Musselburgh
    Posts
    330

    Cool

    Quote Originally Posted by SmashinGlass View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I personally think its to be expected. Everything he says will be caveated with the L word, however. I think he's trying to keep the roasters onside but knows deep down the clock is ticking
    Do you think Rudi knew? The L he kept showing us was for LIQUIDATION

  12. #26861
    Testimonial Due PapillonVert's Avatar
    Join Date
    May 2002
    Location
    Wimbledon
    Age
    70
    Posts
    4,016
    Quote Originally Posted by Dashing Bob S View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I'm still torn between wanting them liquidated before the start of the new season, and having them stagger on in some form, and face the humiliation of implosion en route, followed by liquidation. Decisions, decisions....
    Oh, Roberto, what a dilemma right enough.

    As a person of compassion, even towards the undeserving hoors of Gorgie, I would go for a quick death.

    We must not let our personal feelings of Schadenfreude get the better of us. If we can help it......

  13. #26862
    Quote Originally Posted by lapsedhibee View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Blimey, are there subsections of paedos over there? Slow, lingering, festering, grooming-for-years types, and then this other mob you mention? Committee meetings in The Fiddlers' Arms, chips out of the Rapido on the way home, that sort of thing?
    Hey, leave the Rapido chippy and pizzeria out of this - it's never a yam place, definite Hibee leanings!

    And the pizzas are out of this world

  14. #26863
    Coaching Staff The Green Goblin's Avatar
    Join Date
    May 2002
    Location
    Edinburgh
    Posts
    6,382
    Quote Originally Posted by Siralbertkidd View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Do you think Rudi knew? The L he kept showing us was for LIQUIDATION


    Maybe...it would explain why he (along with all those other players who took millions out of Hearts) have been so prominent, involved and vocal in trying to save them recen..... oh..... hold on....

  15. #26864
    @hibs.net private member Spike Mandela's Avatar
    Join Date
    Aug 2002
    Location
    Alloa
    Age
    59
    Posts
    10,983
    Blog Entries
    1
    Quote Originally Posted by Siralbertkidd View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Do you think Rudi knew? The L he kept showing us was for LIQUIDATION
    Oh I can see it now, a 'Liquidation all over the world picture thread'

  16. #26865

    ian murray MP

    ian murray must have seen that it was all going to turn out like this from the start

    makes you wonder what was in it for him

    the previously unknown 1st term labour mp

  17. #26866
    @hibs.net private member
    Join Date
    Apr 2007
    Posts
    3,275
    Quote Originally Posted by rossc View Post
    This quote is hidden because you are ignoring this member. Show Quote
    ian murray must have seen that it was all going to turn out like this from the start

    makes you wonder what was in it for him

    the previously unknown 1st term labour mp

    "and what was it that attracted you to millionaire Paul Daniels?"

  18. #26867
    @hibs.net private member lapsedhibee's Avatar
    Join Date
    Jun 2005
    Posts
    21,597
    Quote Originally Posted by rossc View Post
    This quote is hidden because you are ignoring this member. Show Quote
    ian murray must have seen that it was all going to turn out like this from the start

    makes you wonder what was in it for him

    the previously unknown 1st term labour mp
    You're porbally suggesting it was to do with his profile, but I never even once saw his profile - it was always full-frontal, full-on, full-fat face.

  19. #26868
    @hibs.net private member Kato's Avatar
    Join Date
    Mar 2003
    Location
    on the moon, howling
    Age
    64
    Posts
    15,605
    Quote Originally Posted by lapsedhibee View Post
    This quote is hidden because you are ignoring this member. Show Quote
    You're porbally suggesting it was to do with his profile, but I never even saw his profile - it was always full-frontal, full-on, full-fat face.
    That's how roasters do it.

  20. #26869
    Testimonial Due PapillonVert's Avatar
    Join Date
    May 2002
    Location
    Wimbledon
    Age
    70
    Posts
    4,016
    Quote Originally Posted by rossc View Post
    This quote is hidden because you are ignoring this member. Show Quote
    ian murray must have seen that it was all going to turn out like this from the start

    makes you wonder what was in it for him
    the previously unknown 1st term labour mp
    He is a politician.

    His nature is to keep spouting the same old rubbish over and over again because he believes that the more often he says something, the more true it becomes and the more likely it is that ordinary people will believe it. No evidence to the contrary, certainly not incontrovertible fact, will ever convince him otherwise.

    With the yams, he has the ideal "electorate". Gullible and desperate to believe.

  21. #26870
    Coaching Staff
    Join Date
    Jan 2008
    Location
    Edinburgh
    Posts
    9,483
    Quote Originally Posted by rossc View Post
    This quote is hidden because you are ignoring this member. Show Quote
    ian murray must have seen that it was all going to turn out like this from the start

    makes you wonder what was in it for him

    the previously unknown 1st term labour mp
    The hypocrisy the man shows is quite stunning - his latest tweets include praise for the Church for tackling payday loan companies whilst criticising lack of Government stance/movement on the issue (the BBC link he posts has a go at Wonga in particular).

    Who sponsors Hearts again Quite happy for his football club to take their cash though eh Not sure I heard him shout from the Tynie rooftops that it was a scandal they were taking Wonga's cash and proudly displaying them on their shirts........or am I mistaken

    First and only term mate, trust me. No Labour voter I know wants him representing them for another term (and I am/was one).

  22. #26871
    @hibs.net private member Bostonhibby's Avatar
    Join Date
    Apr 2004
    Location
    lincolnshire
    Age
    65
    Posts
    26,216
    Quote Originally Posted by sidneyhibbie View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Any one got any ideas who else i can send letters ? my endless personal pursuit of justice must be continued until the day the PBS Is closed down and the yam fuds are doomed.

    Sidney.
    Have you tried contacting one of their own? Wee Shaun Lawson. Always has something intelligent and drawn out to say. Available on all good websites and bound to have his finger on the pulse, or wherever it is all good yams put their finger.

    "I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"

    Sir Matt Busby

  23. #26872
    Testimonial Due Paisley Hibby's Avatar
    Join Date
    Aug 2005
    Location
    The Shaky Toon
    Age
    66
    Posts
    1,769
    Quote Originally Posted by StevieC View Post
    This quote is hidden because you are ignoring this member. Show Quote
    The league chairmen would just need to vote to transfer their share to the Newco. That's what they tried to do with Rangers, but the majority voted against (after fan pressure). If a majority voted in favour of a transfer then they may be allowed to complete the season (unless the rules now prevent it).
    But it's all the one league organisation now so what share is it that would be transferred?

    Whenever the Yams get liquidated, if the SPFL Chairmen then vote to keep a Yam Newco in the top league there will be riots in Govan. It would be much easier for the SPFL to bin them now and save all those shenanigans in a month or so's time.

  24. #26873
    @hibs.net private member Ozyhibby's Avatar
    Join Date
    May 2002
    Location
    Edinburgh
    Posts
    38,434
    Quote Originally Posted by Bostonhibby View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Have you tried contacting one of their own? Wee Shaun Lawson. Always has something intelligent and drawn out to say. Available on all good websites and bound to have his finger on the pulse, or wherever it is all good yams put their finger.
    Thought he had been kicked off kickback?

  25. #26874
    @hibs.net private member Just Alf's Avatar
    Join Date
    Jan 2005
    Location
    The 'Mains
    Posts
    5,993
    Quote Originally Posted by StevieC View Post
    This quote is hidden because you are ignoring this member. Show Quote
    The league chairmen would just need to vote to transfer their share to the Newco. That's what they tried to do with Rangers, but the majority voted against (after fan pressure). If a majority voted in favour of a transfer then they may be allowed to complete the season (unless the rules now prevent it).
    This is where I get confused (easily done!)

    If the Liquidiser arrives at Tynie the Yams wouldn't have the keys to the place so won't be able to play there.

    unless of course a Newco buys the Yams and the ground for the UKIO/UBIG Admins asking price and right now its been shown that the current bidders aren't at the races.

    I think!

  26. #26875
    @hibs.net private member lord bunberry's Avatar
    Join Date
    Jul 2008
    Location
    edinburgh
    Posts
    19,669
    Quote Originally Posted by s.a.m View Post
    This quote is hidden because you are ignoring this member. Show Quote

    "and what was it that attracted you to millionaire Paul Daniels?"
    Classic mrs merton that was.

  27. #26876
    Looking at todays article in the EN, Massone still has not provided any proof that he has the capital to proceed with his bid, he has been given another 2 weeks to prove he has the cash or will be discounted from the bidding process.

    Surely there was a deadline for this last week but BDO are obviously making it up as they go along.

    So if Massone does drop out that leaves FoH with backing from around 5,500 Hearts fans, who have pledged money to run the club via a membership scheme if the FoH gains 
controls as the only show in town, and their bid is way below what the Lith admins will accept.

    Doesn't sound good for them, does it.

    http://www.edinburghnews.scotsman.co...ding-1-3021320

  28. #26877
    Testimonial Due PapillonVert's Avatar
    Join Date
    May 2002
    Location
    Wimbledon
    Age
    70
    Posts
    4,016
    Quote Originally Posted by Sir Alf R View Post
    This quote is hidden because you are ignoring this member. Show Quote
    This is where I get confused (easily done!)

    If the Liquidiser arrives at Tynie the Yams wouldn't have the keys to the place so won't be able to play there.

    unless of course a Newco buys the Yams and the ground for the UKIO/UBIG Admins asking price and right now its been shown that the current bidders aren't at the races.

    Possibilities for the Yams include homelessness, ground sharing with someone else, or renting back Tynie from the new owner at least temporarily. None a given.

    Possibilities for the Yams: homelessness, ground-share or rent-back of Tynie (probably temporarily), none of which seems welcome IMO,

    I think!
    The Lithuanians who have the security over Tyne (i.e. the land) have a sum in mind which they believe that land is worth if it is sold on the open market.

    The bidders need to satisfy not only the creditors via a CVA but also the holders of the security over the land. They (the Lithuanians) hold the aces because they hold the security over the land. If that's the only money-realisable asset (it seems to be so) then they are due all the money that comes from realising that asset (assuming it is less than the total they are owed = more than likely). Their debt (£15m) has to be paid first before anyone is paid because they are secured creditors.

    So, if you are the secured creditor, you need to get as much from the bidders as you could get from an open market sale of the land.

    The Lithuanians think the land is worth £5m (+++++++ depending on whose valuation you believe) on the open market, all of which (minus expenses) would go to them. Leaving SFA for the other creditors with zero.

    The current offers are for the club + assets as a going concern with very small amounts for a CVA.

    From the secured creditors POV these are rubbish offers because they believe they could realise more through a liquidation even though they might not get all their cash back.

    The liquidators of the secured creditors are under a legal obligation to get the best possible price for the secured assets. If FoH and the other party can't meet their requirements in this regards, the secured creditor can force a liquidation in order to sell the secured asset (Tynie/land) and get some of their money back.

    I think.
    Last edited by PapillonVert; 30-07-2013 at 08:20 PM.

  29. #26878
    @hibs.net private member Just Alf's Avatar
    Join Date
    Jan 2005
    Location
    The 'Mains
    Posts
    5,993
    Quote Originally Posted by PapillonVert View Post
    This quote is hidden because you are ignoring this member. Show Quote
    The Lithuanians who have the security over Tyne (i.e. the land) have a sum in mind which they believe that land is worth if it is sold on the open market.

    The bidders need to satisfy not only the creditors via a CVA but also the holders of the security over the land. They (the Lithuanians) hold the aces because they hold the security over the land. If that's the only money-realisable asset (it seems to be so) then they are due all the money that comes from realising that asset (assuming it is less than the total they are owed = more than likely). Their debt (£15m) has to be paid first before anyone is paid because they are secured creditors.

    So, if you are the secured creditor, you need to get as much from the bidders as you could get from an open market sale of the land.

    The Lithuanians think the land is worth £5m (+++++++ depending on whose valuation you believe) on the open market, all of which (minus expenses) would go to them. Leaving SFA for the other creditors with zero.

    The current offers are for the club + assets as a going concern with very small amounts for a CVA.

    From the secured creditors POV these are rubbish offers because they believe they could realise more through a liquidation even though they might not get all their cash back.

    The liquidators of the secured creditors are under a legal obligation to get the best possible price for the secured assets. If FoH and the other party can't meet their requirements in this regards, the secured creditor can force a liquidation in order to sell the secured asset (Tynie/land) and get some of their money back.

    I think.

  30. #26879
    I heard from (almost) the horses mouth today of one Edinburgh based property developer very interested in the Tynecastle site. They are. 'watching with interest' at the moment.

    Not going to name them but they aren't one that has been mentioned thus far in the thread eg Cala et al. Have done quite a bit redevelopment work in Edinburgh over the years though as well as abroad. They also redeveloped a site not a million miles away from Tynecastle several years ago.

  31. #26880
    Quote Originally Posted by Pretty Boy View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I heard from (almost) the horses mouth today of one Edinburgh based property developer very interested in the Tynecastle site. They are. 'watching with interest' at the moment.

    Not going to name them but they aren't one that has been mentioned thus far in the thread eg Cala et al. Have done quite a bit redevelopment work in Edinburgh over the years though as well as abroad. They also redeveloped a site not a million miles away from Tynecastle several years ago.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
hibs.net ©2020 All Rights Reserved
- Mobile Leaderboard (320x50) - Leaderboard (728x90)