Share Transfers Agreed/Cooling off period

[Bostonhibby]

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I know you mean well, Sidney, but that would be illegal.

Would it be okay if Sidney did it himself with a pair of boltcutters?

[Gettin' Auld]

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I know you mean well, Sidney, but that would be illegal.

He could always plead 'not guilty' by letter.

[sidneyhibbie]

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I know you mean well, Sidney, but that would be illegal.

Why is it illegal to cut off the electricity crops ? i would have thought that they at least could install one of they pay as you go meters i have one in my flat and they overcharged me till i paid off the debt can they no do the same thing at the PBS ?

[MB62]

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I know you mean well, Sidney, but that would be illegal.

so if everybody just stopped paying their electricty bill, the company couldn't just cut us all off, they would still be legally bound to supply us?

[BarneyK]

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so if everybody just stopped paying their electricty bill, the company couldn't just cut us all off, they would still be legally bound to supply us?

Was more of a reference to the Ambulance Service surely?

[CropleyWasGod]

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so if everybody just stopped paying their electricty bill, the company couldn't just cut us all off, they would still be legally bound to supply us?

What I meant was that, because the company is in administration, no action can be taken on pre-administration debt. It would only be legal to cut off the supply if the company failed to pay its current debt.

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Why is it illegal to cut off the electricity crops ? i would have thought that they at least could install one of they pay as you go meters i have one in my flat and they overcharged me till i paid off the debt can they no do the same thing at the PBS ?

See above

[Cabbage East]

Sidney, tell us a bit about yourself.

[Pedantic_Hibee]

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Why is it illegal to cut off the electricity crops ? i would have thought that they at least could install one of they pay as you go meters i have one in my flat and they overcharged me till i paid off the debt can they no do the same thing at the PBS ?

With this post, I think you have just won the internet.

[Treadstone]

Looking at the Hootsman site and the report on the Yams creditors has Bathgate nowhere to be seen. Hard to spin near £30m debt and stiffing charities.

[21.05.2016]

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Looks like everyone except the secured creditors will receive precisely 0p in the £ back. Even the secured creditors won't get all their money back.

So, there will be absolutely no money left to pay unsecured creditors after the secured creditors and the admin/liquidation fees are accounted for.

Remember, they paid Skacel at least £10,000 per week (allegedly) and others many of thousands per week to put a winning team on the park whilst simultaneously avoiding paying debts due.

This is the true cost of the financial doping. Taxpayer (HMRC, NHS, Police, Edinburgh Council), charities, and small businesses all massively out of the pocket due to financial doping.

Why is the establishment trying to sweep this inconvenient fact under the carpet and bail them out (again!)?

Ian Murray should start representing the interests of the majority of his constituents (as he is well paid by the taxpayer to do) instead of trying to get some free publicity out of a disgraced organisation.

Never mind buying the corrupt club - give the money raised through the pledges and bake sales and illicit alcohol brewing to those who really deserve it!

That way the stink of cheating emanating from the Gorgie area might start to dissipate a bit.

Spot on


Absolutely shameless, vulgar organisation with no morals or dignity hense why they are an absolute shambles of a club and the laughing stock of British football.

[Kojock]

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Vladimir Romanov, you say,? Sorry officer never heard of him.

[Time For Heroes]

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With this post, I think you have just won the internet.

And a years supply of envelopes funded by hibs.net
:D

[Kojock]

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Is insanity still accepted as a plea in court?

Very much so, it can be used two ways

1/ As a special defence. Insane at time of crime or

2/ Plea in bar of trial. Insane a time of trial.

Anyone reading Hibs Net would agree that Sidney was in dire need of psychiatric help.

Just found a picture of Sidney. Anyone know him.

fat%20man%20at%20computer.jpg

[Gettin' Auld]

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Very much so, it can be used two ways

1/ As a special defence. Insane at time of crime or

2/ Plea in bar of trial. Insane a time of trial.

Anyone reading Hibs Net would agree that Sidney was in dire need of psychiatric help.

Plus, he could always plead 'not guily' by letter.

[hibs0666]

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Would it be okay if Sidney did it himself with a pair of boltcutters?

Sidney's power is in his ideas and his pen. Sidney should leave the practical stuff to others or Sidney might do himself some harm.

[silverhibee]

Will Scottish Police be turning up for duties this weekend at the Savilledome.

[Bostonhibby]

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Sidney's power is in his ideas and his pen. Sidney should leave the practical stuff to others or Sidney might do himself some harm.

Ah right, I see, Sidney does strike me as the persistent sort so maybe he could hack through the cable with his pen? Might take a while but its better than doing nothing like most of the major or establishment creditors seem to have done, often with our money. Direct action!

[Jack]

From the BDO document; “Arrangements have been made with various key suppliers to ensure continued supply of services during the Administration period …”

I’m with Little Sid on this! I might crayon a letter!

Why don't, or didn't, the key suppliers just say NO?

Folk like the Police, Ambulance Service, Hairy Twat, in fact all those who have been funded in some way by the Scottish Government stand together as one and say if we don't get paid you don't get our services?

[BarneyK]

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Will Scottish Police be turning up for duties this weekend at the Savilledome.

Is there something happening this weekend at the Savilledome, like?

[Mr White]

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Will Scottish Police be turning up for duties this weekend at the Savilledome.

Probably not,hearts are playing in Perth

[Green Man]

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Will Scottish Police be turning up for duties this weekend at the Savilledome.

Nope. Hearts are away

[Deansy]

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Why is it illegal to cut off the electricity crops ? i would have thought that they at least could install one of they pay as you go meters i have one in my flat and they overcharged me till i paid off the debt can they no do the same thing at the PBS ?

'Pay-as-you-go' Meters aren't available for business-customers, only for domestic-customers.

[lapsedhibee]

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Sidney, tell us a bit about yourself.

How on earth can he do that, when you haven't provided a mailing address?

[silverhibee]

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Has anyone suggested that Hibs should donate the money to the poppy folk and macraes batallion - let's take the moral high ground once and for all.

Maybe Fish could do a charity concert for them.

[clerriehibs]

Fair to say that, with the HMRC debt near £2m, no instalment of the payment plan was ever paid, despite assurances to the contrary at the time?

SPFL should take note. These gimps were in no way self-sufficient.

[kdhibees1]

Grainger - Welt!
http://www.scotsman.com/sport/footba...club-1-3024390
“Hearts is a unique club – there’s nobody else like them,” he said. “Getting paid on time here is definitely a bonus, though.
Unique indeed!!

[Speedway]

I notice Belouis Some is attempting a comeback with a re-worked version of their 1985 classic - Imagination

Golden Gary was asked to manage, both hands behind his back
Thought he was desperate, lack of job offers saw to that
Only you can try to see what I'm really like
He said, only you can understand the way I've been pished on tonight
He blamed excesses on the Lithuanian dream
So seldom witnessed, never-er seen
Hah - hah - hah - hah - hah...

Liquidation - could make a laughing stock of you
Liquidation - could make me love you too
Liquidation - is all I want from you-ou

They lost their virtue before they could write
They lost their last clue when they went and signed N'goo
You'll have to guide me, to fund these impossible share schemes
You make me steal from charities, unstealable things
He blamed excesses on the Lithuanian dream
So seldom witnessed, never-er seen
Hah - hah - hah - hah - hah...

Liquidation - could make a laughing stock of you
Liquidation - could make me love you too
Liquidation - is all I want from you-ou

And - he blamed excesses on the Lithuanian dream
So seldom witnessed, never-er seen
Hah - hah - hah - hah - hah...

Liquidation - could make a laughing stock of you
Liquidation - could make me love you too
Liquidation - is all I want from you-ou

Liquidation
Liquidation
Liquidation
Liquidation

Liquidation
Liquidation
Liquidation
Liquidation
Liquidation
Liquidation
Liquidation
Liquidation

[Gus Fring]

I've been speaking to my sources this morning. Here's the skinny from both Hearts and the SPFL.

The feeling internally at Hearts is that Liquidation is the most likely outcome. This is because the bids submitted to UKIO were not the original offers, BDO had already advised the bidders they were unacceptable and asked them to increase them, HMFC Ltd gave their highest offer first time so they had no where else to go but drop out. The FOH have very little cash for a CVA (compared to the size of the debt) and there is concern about how much of the direct debits will be used to run the club and how much will be used to repay the startup costs.

There is also the added hurdles of the assets still being frozen. BDO have made it clear that this is not anywhere near as easy to resolve as the press has made out. BDO were also hoping that the creditors list would go under the radar, they knew some of the names would result in negative press but ultimately it's not their problem.

BDO are duty bound to follow this path until it becomes impossible though. They're not going to give up until they have to because their reputation and future business is on the line.

Now, the SPFL.

They've been discussing with their lawyers about what the options available are and their hands are tied. They refused financial assistance on 2 separate occasions before admin occurred because they want as much possible left in the pot to deal with Hearts no longer being in the league if needs be. The lawyers have told them they will be wide open to litigation if they don't do this by the book. No decision has been made yet about what the punishment will be, it's only fair to hear Hearts side of the story before making a decision. BDO gave repeated assurances to the SPL that Hearts will be able to fulfil they're fixtures including providing proof of funding (What they currently have in the bank and projected earnings during the season). BDO have good stock within the SPFL as they've always been open and honest in the past.

[coldingham hibs]

After reading about the CVA agreed for Dunfermline Athletic, I cannot help thinking that a very similar scenario is about to happen at the wongadome,

Creditors received a big fat zero despite debts of around £10 million. Preferential creditors receiving about £70K & only football debts to be paid £150K.

Pretty disgusting that the the pictures in the paper show Mr Leishman & his counter part celebrating with raised scarfs after shafting all those innocent creditors.

I'm not sure what the situation is with East End Park but if would appear that Pars Utd have obtained the ground (which must have been work a few bob to developers) for virtually nowt (unless there is some sort of retal agreement that I haven't heard about).

It is my guess that Hearts will get the ground & rights for less that £4 million & creditors will get Sweet FA.

The SFA will extend a transfer embargo until December and when that is lifted the Yams will sign a load of players, probably on higher wages than we currently pay in a bid to stay up.

[clerriehibs]

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I've been speaking to my sources this morning. Here's the skinny from both Hearts and the SPFL.

The feeling internally at Hearts is that Liquidation is the most likely outco
that the creditors list would go under the radar, they knew some of the names would result in negative press but ultimately it's not their problem.

BDO are duty bound to follow this path until it becomes impossible though. They're not going to give up until they have to because their reputation and future business is on the line.

Now, the SPFL.

They've been discussing with their lawyers about what the options available are and their hands are tied. They refused financial assistance on 2 separate occasions before admin occurred because they want as much possible left in the pot to deal with Hearts no longer being in the league if needs be. The lawyers have told them they will be wide open to litigation if they don't do this by the book. No decision has been made yet about what the punishment will be tomorrow, it's only fair to hear Hearts side of the story before making a decision. BDO gave repeated assurances to the SPL that Hearts will be able to fulfil they're fixtures including providing proof of funding (What they currently have in the bank and projected earnings during the season). BDO have good stock within the SPFL as they've always been open and honest in the past.

Last bit is at odds with what BDO have said about having funding till October.