Share Transfers Agreed/Cooling off period

[andudare2]

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This. Not a friend but a guy I used to play football with.

He amongst others is one of the reasons I want them obliterated.

usually i would say you would be better using a ball,but in this muppets case,kick him as much as poss m8

[hibees 7062]

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Comes across as articulate and sound of mind...

[Jonnyboy]

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Our core support has rarely dropped beneath 8000 home fans

Hearts in the bad times have a much bigger drop off and a smaller hardcore

Depends how far back you go surely?

[jonty]

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Depends how far back you go surely?

aye, but im guessing he's not as old as you

[Jonnyboy]

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aye, but im guessing he's not as old as you

Good guess

[Ozyhibby]

All this core support stuff is a bit Big team/Wee team for me. I'm looking forward to engaging the yams in Same club/New club discussions. Less than 48 hours to go.

[monktonharp]

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usually i would say you would be better using a ball,but in this muppets case,kick him as much as poss m8

preferably on the chin, eh mate.

[Hibbibri]

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preferably on the chin, eh mate.

Can I suggest a body part or parts a wee bitty further south

[Ryan69]

Its brilliant!
All this bullpoo of living in delusion...but they would all do it again!
They have absolutely no guilt,or fair play...we deserve what we get about them!
I would not like them to die completely....With no derby games,would be a big loss indeed.

But part of me....Wants them wiped off the face of the earth. :)
Disgusting institution that does not care,openly hires and backs sex offenders,sectarianism creeping into it more and more....Maybe their death would be a good thing?

[RIP Bestie]

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Its brilliant!
All this bullpoo of living in delusion...but they would all do it again!
They have absolutely no guilt,or fair play...we deserve what we get about them!
I would not like them to die completely....With no derby games,would be a big loss indeed.

But part of me....Wants them wiped off the face of the earth. :)
Disgusting institution that does not care,openly hires and backs sex offenders,sectarianism creeping into it more and more....Maybe their death would be a good thing?

Let's not go down that road. Have you seen some of the "Hun" comments on here.? It's a poison that's spreading through the game unfortunately and we are no angels.

[Ryan69]

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Let's not go down that road. Have you seen some of the "Hun" comments on here.? It's a poison that's spreading through the game unfortunately and we are no angels.

I know what your saying...but have you ever seen a flag indicating it at ER...They just accept it!

[RIP Bestie]

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I know what your saying...but have you ever seen a flag indicating it at ER...They just accept it!

It's unacceptable in any form but has became a more widespread problem in the last few years.

[Springbank]

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Depends how far back you go surely?

I'm looking at the period of last 40 years, even during the darker days of the 80s, the bleak Miller years, the 97/8/9 period, I don't recall too many crowds below 8500 at er (and I just allowed for c 500 away fans)

The point I am making is there is more of a loyal core who'll follow their team through thick and thin here at er, I've always been struck by that.

Even the awful football and gradual decline 2007-2012 did not see a crash in gates - it was a gentle drift (hopefully now reversed)

For the jambos, Now the tap's turned off on the financial doping in eh11 (and that the novelty of rallying round the Lost Cause is wearing off) I'm expecting to see fall off rates of 400-500 a month til their 7000 core is left.

[Stonewall]

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I'm looking at the period of last 40 years, even during the darker days of the 80s, the bleak Miller years, the 97/8/9 period, I don't recall too many crowds below 8500 at er (and I just allowed for c 500 away fans)

The point I am making is there is more of a loyal core who'll follow their team through thick and thin here at er, I've always been struck by that.

Even the awful football and gradual decline 2007-2012 did not see a crash in gates - it was a gentle drift (hopefully now reversed)

For the jambos, Now the tap's turned off on the financial doping in eh11 (and that the novelty of rallying round the Lost Cause is wearing off) I'm expecting to see fall off rates of 400-500 a month til their 7000 core is left.

I take your point but in the late 70s early 80s we were regularly getting crowds of 5,000 for run of the mill league games. Crowds had fallen off badly in mid 70s for a number of reasons I think.

[Aldo]

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I'm looking at the period of last 40 years, even during the darker days of the 80s, the bleak Miller years, the 97/8/9 period, I don't recall too many crowds below 8500 at er (and I just allowed for c 500 away fans) The point I am making is there is more of a loyal core who'll follow their team through thick and thin here at er, I've always been struck by that. Even the awful football and gradual decline 2007-2012 did not see a crash in gates - it was a gentle drift (hopefully now reversed) For the jambos, Now the tap's turned off on the financial doping in eh11 (and that the novelty of rallying round the Lost Cause is wearing off) I'm expecting to see fall off rates of 400-500 a month til their 7000 core is left.

Cannot highlight cos on phone but I remember plenty of crowds under 8500 at ER even after we won the skol cup. Crowds even under 5000.

Average crowds were up around the 9000 though.

[Www1875hfc]

Herald saying possible new delays.

http://www.heraldscotland.com/sport/...eting.22813559

[Kojock]

Like the last bit.

The club needs both Ukio and UBIG to agree to the proposals otherwise Hearts would be pushed towards liquidation.

[Hibby70]

Another delay whilst Ubig/ukio await more information from building companies offers perhaps?

[East Coast Hibe]

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Another delay whilst Ubig/ukio await more information from building companies offers perhaps?

Let's hope so :-)

[southsider]

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Herald saying possible new delays.

http://www.heraldscotland.com/sport/...eting.22813559

What is in it for UBIG to vote the CVA through ? They will get nowt. Are BDO saying that they are part of the same group so only have one vote ?

[Craig_in_Prague]

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Like the last bit.

The club needs both Ukio and UBIG to agree to the proposals otherwise Hearts would be pushed towards liquidation.

'mon the push

[greenginger]

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Like the last bit.

The club needs both Ukio and UBIG to agree to the proposals otherwise Hearts would be pushed towards liquidation.

I know creditors of equal standing have to be treated evenly so UBIG cannot be offered anything from the FoH offer unless it is shared amongst all the unsecured creditors.

But would a private agreement between Ukio and UBIG to share the cash on offer to get UBIG to vote through the CVA be considered acceptable.

[HibbySpurs]

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I know creditors of equal standing have to be treated evenly so UBIG cannot be offered anything from the FoH offer unless it is shared amongst all the unsecured creditors.

But would a private agreement between Ukio and UBIG to share the cash on offer to get UBIG to vote through the CVA be considered acceptable.

I cant see that to be honest.

Surely the thing for UBIG to consider is as it stands they will get £0.00 then they have to look at what the assets of the company are worth.....

They have to take into account that the secured creditor will have to be satisfied in full (for the secured debt) if at all possible and if the are sure the assets are 100% not going to realise that value then theres no point in wasting time/effort in pursuing it (cant get blood from a stone etc.)

Therefore to me (and I'm no accountant) if the sale of the assets on the open market to developers for the gorund and perhaps FoH for the brand could even potentially realise more than the value of the secured debts then it's in their creditors intrests to pursue that as even getting say £200K back is far better than the current offer of nicksy.....

I would also have thought that UKIO'S admins have to look at it this way also but it seems from all I've heard they will vote yes anyway.

I'm no banker either but my understanding of a security against a property (i.e. a mortgage) is that even if they enforce the security and the sale of the secured asset fails to pay back the debt they CAN continue to pursue the debtor for the balance.... Of course the blood out of a stone comes back into play here....

Maybe I'm totally wrong, I dont know enough about it. Just my thoughts.....

[CropleyWasGod]

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I know creditors of equal standing have to be treated evenly so UBIG cannot be offered anything from the FoH offer unless it is shared amongst all the unsecured creditors.

But would a private agreement between Ukio and UBIG to share the cash on offer to get UBIG to vote through the CVA be considered acceptable.

UBIG will get nothing from the CVA, and they will get nothing from liquidation.

However, they may get something for their shares, which could only happen in the current (admin) situation. It may be that it's the negotiations of that amount that are holding up the CVA process.

[jacomo]

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UBIG will get nothing from the CVA, and they will get nothing from liquidation.

However, they may get something for their shares, which could only happen in the current (admin) situation. It may be that it's the negotiations of that amount that are holding up the CVA process.

I can't see how FoH's CVA offer included anything above a nominal amount towards the shares. That £2.5m will only go so far, and surely their priority (after BDO's fees are accounted for) was to make the offer for Tynecastle as big as possible.

[greenginger]

UBIG have shares in HOMFC as well as being creditors. Could they agree to accept the £ nil on ffer for their debt like the other creditors but be compensated for the transfer of their shares.

[jonty]

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UBIG will get nothing from the CVA, and they will get nothing from liquidation.

However, they may get something for their shares, which could only happen in the current (admin) situation. It may be that it's the negotiations of that amount that are holding up the CVA process.

Or it may be the whole thing is such a friggin mess that they need time to unravel it all and decide that the simplest way is to sell it all off to the highest bidder. Land to the developers, shares/naming rights to FOH


Could they be tied up in legal mumbo jumbo from the shareholders who haven't received any shares?

[Waxy]

It seems simple.
They will receive more through liquidating than accepting the CVA, therefore this should happen.

[Jim44]

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UBIG will get nothing from the CVA, and they will get nothing from liquidation.

However, they may get something for their shares, which could only happen in the current (admin) situation. It may be that it's the negotiations of that amount that are holding up the CVA process.

Your last sentence suggests that, in your opinion, a CVA, once the details are kicked around, is the probable outcome. If that's the case, additionally escaping relegation ( far from unlikely IMHO) will see them emerge from this in a relatively healthier state than most of us were hoping for/expected. Please tell me I'm wrong.

[Greenworld]

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Your last sentence suggests that, in your opinion, a CVA, once the details are kicked around, is the probable outcome. If that's the case, additionally escaping relegation ( far from unlikely IMHO) will see them emerge from this in a relatively healthier state than most of us were hoping for/expected. Please tell me I'm wrong.

I to hope that your wrong and dont get it.. if liquidated they get nothing
Are bdo charges so high....my hearts friends have totally changed track
And are covinced they are finished...you seem on the other hand seem to
Think they will be fine now...