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 977 of 1582 FirstFirst ... 477877927967975976977978979987102710771477 ... LastLast
Results 29,281 to 29,310 of 47452
  1. #29281
    Would you want the second hand car dealer to know you have a 30yr history of car theft?


  2. Log in to remove the advert

  3. #29282
    First Team Breakthrough Moon unit's Avatar
    Join Date
    May 2012
    Location
    Living in a box...
    Posts
    449
    Sadly,still feel as though they are going to squirm out of all this......end up using the new sports centre for SFA..and have the cheek to take some Moroon spectacled view that they have been badly treated,creating some myth that they had to survive against the odds with an under 21 squad!....about time we spanked this shower!

  4. #29283
    @hibs.net private member EH6 Hibby's Avatar
    Join Date
    Sep 2007
    Location
    Leith
    Age
    47
    Posts
    2,166
    Quote Originally Posted by Hiberlin View Post
    This quote is hidden because you are ignoring this member. Show Quote
    If I was looking to buy a 2nd hand car then I wouldn't want the dealer to know how much money I have.
    That doesn't matter when the car dealer wants about 3 times what you've got.

  5. #29284
    @hibs.net private member StevieC's Avatar
    Join Date
    Apr 2002
    Location
    Perth
    Posts
    8,652
    Quote Originally Posted by Springbank View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Would you want the second hand car dealer to know you have a 30yr history of car theft?
    The car dealer doesn't care, he's getting his money from the finance company. It's Biddies that has to worry about the history of theft
    But you know it ain't all about wealth,
    as long as you make a note to .. EXPRESS YOURSELF!

  6. #29285
    Left by mutual consent!
    Join Date
    Oct 2006
    Posts
    3,588
    Quote Originally Posted by Moon unit View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Sadly,still feel as though they are going to squirm out of all this......end up using the new sports centre for SFA..and have the cheek to take some Moroon spectacled view that they have been badly treated,creating some myth that they had to survive against the odds with an under 21 squad!....about time we spanked this shower!
    Spanked by ict last time out, spanking to come from celtc, their heads will then be starting to drop and it's only halfway through september. They're cannon fodder now.

  7. #29286
    I see the begging bowl is out again- last throw of the dice?

    http://www.edinburghnews.scotsman.co...ents-1-3091926

  8. #29287
    Coaching Staff Craig_in_Prague's Avatar
    Join Date
    Feb 2004
    Location
    Prague, Czech Republic
    Age
    44
    Posts
    9,710
    Quote Originally Posted by Suburban Hibby View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I see the begging bowl is out again- last throw of the dice?

    http://www.edinburghnews.scotsman.co...ents-1-3091926
    Allisbarry

  9. #29288
    Quote Originally Posted by Moon unit View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Sadly,still feel as though they are going to squirm out of all this......end up using the new sports centre for SFA..and have the cheek to take some Moroon spectacled view that they have been badly treated,creating some myth that they had to survive against the odds with an under 21 squad!....about time we spanked this shower!
    They might well come through this, but remember they will only do so if these 7500 direct debits continue being made for what period of time?

  10. #29289
    Ultimate Slaver Keith_M's Avatar
    Join Date
    Nov 2002
    Location
    In der Hölle
    Posts
    36,474
    I believe the next part of the plan is to have FoH representatives situated in strategic locations in Edinburgh, wth scruffy wee dugs, wearing hooded tops, possibly drugged (FoH Rep and/or Dug) and saying 'any spare change please mister?' to passers-by.

    The dugs may or may not be wearing Hearts Tops, depending on the likelihood of there being T'Rangers fans in the area at the time.

    Ian Murray (MP) will then trumpet this in another free full-page Ad in the Evening News as being part of the biggest fans movement in history.

  11. #29290
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.

  12. #29291
    Left by mutual consent! God Petrie's Avatar
    Join Date
    Oct 2003
    Posts
    2,331
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    Don't stop - I'm almost there

  13. #29292
    Ultimate Slaver Keith_M's Avatar
    Join Date
    Nov 2002
    Location
    In der Hölle
    Posts
    36,474
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    .....

    Any chance you could find out:

    1) How much money they have left;

    2) At what rate they're going through it.




    Cheers

  14. #29293
    Quote Originally Posted by keekaboo View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Any chance you could find out:

    1) How much money they have left;

    2) At what rate they're going through it.




    Cheers
    I can't get exact figures but I'm told they've more than enough to keep going just now. Costs are low because a lot of staff are still claiming no wages and the squad isn't being paid anywhere near what they were last year.

  15. #29294
    Day Tripper matty_f's Avatar
    Join Date
    Aug 2005
    Age
    47
    Posts
    51,435
    Blog Entries
    1
    Gamer IDs

    Gamertag: franck sauzee
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.

    Outstanding stuff.

  16. #29295
    @hibs.net private member Northernhibee's Avatar
    Join Date
    Aug 2011
    Age
    39
    Posts
    21,821
    Well that is just glorious.

  17. #29296
    @hibs.net private member cabbageandribs1875's Avatar
    Join Date
    Jan 2005
    Location
    in a house in Bathgate
    Posts
    58,872
    finally, i'm starting to feel all warm and glowy again

  18. #29297
    @hibs.net private member Bishop Hibee's Avatar
    Join Date
    Jun 2002
    Location
    Leith Links
    Age
    58
    Posts
    8,809
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    The Edinburgh holiday weekend just got even better! C'mon the Liths, get the final nail in the coffin in position and bring the hammer down hard.
    "Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral.' - Paulo Freire

  19. #29298
    Testimonial Due Treadstone's Avatar
    Join Date
    Mar 2012
    Location
    Gorgie (Sorry)
    Posts
    2,873
    Gamer IDs

    Gamertag: TreadsoneScot
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    Last bit sounds like Fester. Seriously though can't be happy with Billy Broon now looking as though he is earning.

  20. #29299
    Ultimate Slaver Keith_M's Avatar
    Join Date
    Nov 2002
    Location
    In der Hölle
    Posts
    36,474
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    I can't get exact figures but I'm told they've more than enough to keep going just now. Costs are low because a lot of staff are still claiming no wages and the squad isn't being paid anywhere near what they were last year.

    Damnit, I just bought a ticket, now I'll have to see if I can get a refund!







    220px-Wankbahn_poster.jpg

  21. #29300
    Left by mutual consent!
    Join Date
    May 2004
    Location
    Dùn Éideann, Alba
    Age
    53
    Posts
    10,863
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    I like this post

  22. #29301

    Hearts Calendar 2013- Review

    Was trawling through Youtube and found this, quite amusing imo

    http://www.youtube.com/watch?v=eIWm5G5srKA

  23. #29302
    Where did I put that packet of WET ONES.

  24. #29303
    @hibs.net private member ano hibby's Avatar
    Join Date
    Mar 2007
    Location
    the 'burgh
    Age
    54
    Posts
    2,188
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.

    Intersting info thanks for posting.
    "We've also been unsure about what has happened to the receipts of the players who have been sold."
    George Foulkes BBC website 20/3/08

  25. #29304
    Testimonial Due kaimendhibs's Avatar
    Join Date
    Jan 2005
    Location
    Kaimend
    Age
    61
    Posts
    4,500
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    This news has made my year! Thanks


    Sent from my iPhone at home on crutches

  26. #29305
    First Team Regular Glesgahibby's Avatar
    Join Date
    Apr 2013
    Location
    Feel good city
    Posts
    690
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    BDO,FOH and the SPL all said at the start of this process that they ,had representation in Lithuania but none have ever given a proper reason as to why UBIG couldn't/haven't/presently can't be granted proper insolvency practise.If this issue takes years to resolve(as I and many others on here believe)then at some point the well of yam fans donation will dry up and BDO will have there exit

  27. #29306
    Left by mutual consent!
    Join Date
    Oct 2006
    Posts
    3,588
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    Sounds iffy to me, unfortunately.

    Foh's antics can have no influence.on whether bdo liquidate or not, particularly if bdo are claiming they'd have been better off liquidati.g early doors.

    If that waa true then, it's true now.

    foh drawing down now can have no wffect on a bid that was worthless then (it must have been, if bdo think they should have liquidated back then) and is of no more worth now.

  28. #29307
    @hibs.net private member Jack Hackett's Avatar
    Join Date
    Jul 2012
    Location
    Craggy Island..Spanish Version
    Posts
    5,392
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    I don't know what it is about your posts, but they just make me all warm and gooey inside. I love you... In a manly way, natch

  29. #29308
    Quote Originally Posted by clerriehibs View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Sounds iffy to me, unfortunately.

    Foh's antics can have no influence.on whether bdo liquidate or not, particularly if bdo are claiming they'd have been better off liquidati.g early doors.

    If that waa true then, it's true now.

    foh drawing down now can have no wffect on a bid that was worthless then (it must have been, if bdo think they should have liquidated back then) and is of no more worth now.
    FOH's antics affect the public reaction to whatever comes next in the process, whilst BDO have always maintained it'll be time consuming and have never promised a positive outcome for fans, the FOH have been over the top with their statements to the point of gushing. If BDO were to liquidate on monday say, then Hearts fans would be gunning for them saying they lead them on etc. If they just bide their time until it's clear they have no choice then BDO can say "Sorry lads, we tried our best but it's they bad bassas in a foreign country who have killed yer club"

    I don't think he was saying BDO would be better off liquidating, I think it's a "if we knew then what we know now" deal. The FOH drawdown was just friendly advice from some financial experts.

  30. #29309
    @hibs.net private member greenginger's Avatar
    Join Date
    Dec 2008
    Location
    LEITH NO MORE
    Posts
    7,232
    Quote Originally Posted by Glesgahibby View Post
    This quote is hidden because you are ignoring this member. Show Quote
    BDO,FOH and the SPL all said at the start of this process that they ,had representation in Lithuania but none have ever given a proper reason as to why UBIG couldn't/haven't/presently can't be granted proper insolvency practise.If this issue takes years to resolve(as I and many others on here believe)then at some point the well of yam fans donation will dry up and BDO will have there exit
    Was it not the case that UBIG have been declared bankrupt and a administrator was appointed by the Lith. court. However somone acting for UBIG appealed the appointment of that particular admin. and the case has not been heard yet.

    I don't think he was saying BDO would be better off liquidating, I think it's a "if we knew then what we know now" deal. The FOH drawdown was just friendly advice from some financial experts.

    I think the draw down on the standing orders will be useful in that there will be cash available to buy the scraps of the Club after liquidation.

    The Fannies won't have to rely on the Biddies, they will do it for themselves.
    Last edited by Part/Time Supporter; 13-09-2013 at 02:57 PM. Reason: posts merged

  31. #29310
    Quote Originally Posted by Bajillions View Post
    This quote is hidden because you are ignoring this member. Show Quote
    Some news from my man on the inside.

    Apparently Messrs Jackson and Birch are unhappy with the way the FOH are going about things and they feel backed into a corner. They advised against the direct debit drawdown but FOH went ahead anyway.

    They're aren't happy with the statements either as they paint a picture that this is just a matter of process that the club will be bought by the FOH. BDO have built themselves a reputation for saving football clubs but this is "The most difficult case by a considerable margin" my source was also told that "not only has the club been ruined internally but the legal situation and the complexity in lithuania makes the whole matter incredibly difficult to resolve in a way that benefits anybody".

    If BDO could turn back time they would have liquidated quicker but now the whole FOH and fan situation makes that very difficult. The inaccurate media reporting is also not a help.

    BDO have repeatedly told Ian Murray to keep his mouth shut but every few day's he's giving interviews and whatnot.

    Survival of the club when they came in was "about 60% but now it's about 6%". The consensus though is that a wait and see approach is probably the best result. They are waiting on the liths doing something that forces their hand because that will make it appear that BDO did everything they could and allow them to save face and will also mean the FOH can scoop up what's left such as the name etc.

    I spoke to him for about 10 minutes and he's pretty sure the baws burst. He's just their helping out and doing what he can. Hilariously he's not getting a wage just now because his wife earns enough for them both to live on. He laughed when I pointed that out.
    Makes sense. I always believed FOH was really about the post-liquidation scenario, with all the huffing, puffing and posturing about establishing themselves as the 'natural' controllers of a new club.

    BDO will probably let old Hearts run down into liquidation around Christmas and blame this on the Liths, then FOH will move for the liquidated 'assets'. The posturing is really to try and scare developers from buying Tynecastle so they have a shot of getting it way under market price - the only price they can afford to pay.

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)