Share Transfers Agreed/Cooling off period

[CropleyWasGod]

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I have a question: can the Lithuanians give up Tynie but attach a sell on clause? Eg. Agree a fee of £2.5m but demand 50% of any profit if sold on within 10 years?

That would need their administration to last that long.

[jacomo]

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That would need their administration to last that long.

Thanks.

[grunt]

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That would need their administration to last that long.

Really? Couldn't they factor that into the price of the CVA? Make part of the price contingent?

[Waxy]

The wheatfield stand is almost 20 years old now.I remember hearing that these newer stands only had a lifespan of 25/30 years dunno why?
anyone know?
They'll find a T rex when they finally flatten the old old stand.

They're gonna end up playing at the pentlands.

[CropleyWasGod]

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Really? Couldn't they factor that into the price of the CVA? Make part of the price contingent?

Don't follow.

If the UKIO administration is wound up in, say, 5 years, who would collect the additional money?

[Weststandwanab]

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If it does come to fruition what's the betting the land at Tynecastle is suddenly back to being worth near £20m

More chance of me replacing Locke tomorrow

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I have a question: can the Lithuanians give up Tynie but attach a sell on clause? Eg. Agree a fee of £2.5m but demand 50% of any profit if sold on within 10 years?

Oh, interesting concept can I have some time t think on that with my large Cognac ?

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Really? Couldn't they factor that into the price of the CVA? Make part of the price contingent?

Anything is possible if everyone agrees.

[jacomo]

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The wheatfield stand is almost 20 years old now.I remember hearing that these newer stands only had a lifespan of 25/30 years dunno why?
anyone know?
They'll find a T rex when they finally flatten the old old stand.

They're gonna end up playing at the pentlands.

Is it because they made them from bus shelter material and then painted them pink?

Although to be fair bus shelters seem to last three decades... Maybe they used cheap knock offs.

[jacomo]

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Don't follow.

If the UKIO administration is wound up in, say, 5 years, who would collect the additional money?

I suppose there are examples of compensation funds being set up and administered for many years after the original event.

Here's another failed bank that took years to unpick:

http://en.wikipedia.org/wiki/Bank_of..._International

[weonlywon6-2]

After yesterday i bet they wished they had gone into liquidation

[Jonnyboy]

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After yesterday i bet they wished they had gone into liquidation

Nah, yesterday was all about capitulation

[Phil D. Rolls]

It's time to sit back and enjoy the ride.

[Eternal Hibbie]

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The wheatfield stand is almost 20 years old now.I remember hearing that these newer stands only had a lifespan of 25/30 years dunno why?
anyone know?
They'll find a T rex when they finally flatten the old old stand.

They're gonna end up playing at the pentlands.

Maybe the case with their "newer" stands. Pretty sure their three combined stands cost about the same as our main stand to build.

Cheap and nasty wee place.

[PatHead]

When did they build the retro stand?

[Glory Lurker]

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When did they build the retro stand?

I think it might have had its centenary at some point last season?

[grunt]

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Don't follow.

If the UKIO administration is wound up in, say, 5 years, who would collect the additional money?

Do you really think that the Ukio administration will be tied up in less than five years? $300million lost, alleged fraudulent transactions?

[Jack]

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Don't follow.

If the UKIO administration is wound up in, say, 5 years, who would collect the additional money?

The Lithuanian Government?

They made good the money stolen to bankroll the yams and its they who hired the administrators.

[GreenLake]

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Their core support is already evident at 6000 to 7000

Bye bye glory days

Theyre only loyal when they're cheating

Their core support is 5000+ if the seventies are any evidence. I suspect it will be lower once the cheating is fully flushed out and they have to sign players at wage levels they can actually pay with revenue they earn from gates, sponsors, cake baking and face painting. The pledges will last about as long as bag of weed at the Burning Man.

Their scarf twirling is merely a subconscious emulation of a floating turd swirling around the toilet before going down.

[Deansy]

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A bam on friday said to me "after this there will be only one club in edinburgh with major debts" (after the CVA being voted through)

I did ask him how Save Hearts In Trouble intended to repay the purchase cost "The biddies dont want repaid" was the smug answer.

What about the fitba debts I asked "They are being paid by the fans" was his witty riposte. I couldnt help laughing in his chops at that one.

What about operating expenses? "we have the money to see us through the season"

and it went on...........

I mean - I can remember the dark days when FTB tried to close us down, and we were all pretty rational about what MIGHT happen if it all went wrong. Talk about starting again on local parks etc.

But what amazes me - and even the most sensible jambos display this - is their unwavering resolve that This Will All Go Away.

They really are deluded.

All of this PLUS - for some unfathomable reason (but it is the Yams so no great surprise), they think they'll be 'back to what they were' despite not having access to the levels of money they've been used to. These days to save arguing I just tell any of them to Google their results, gates etc BEFORE Mercer started the 'Money-Years' - when they last played within their means and had players they COULD afford - were no different to all other clubs outside of the OF, and, if anything, were on a gradual 'Downward Slope'. Hearts without money are just Hearts - not 'Big', not 'Famous' and not worth bothering about.

[FitbaFolkKen]

http://www.scotsman.com/sport/footba...iful-1-3218030

Bob has replied in the comments...seems a little unhinged!

[lapsedhibee]

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Their scarf twirling is merely a subconscious emulation of a floating turd swirling around the toilet before going down.

[jonty]

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http://www.scotsman.com/sport/footba...iful-1-3218030

Bob has replied in the comments...seems a little unhinged!

Did anyone else start humming the Star Wars imperial march when reading the username 'imperial echoes'
Lets face it, BDO aren't in it to save the club.they'll get paid regardless.

[Hibs07p]

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The wheatfield stand is almost 20 years old now.I remember hearing that these newer stands only had a lifespan of 25/30 years dunno why?
anyone know?
They'll find a T rex when they finally flatten the old old stand.

They're gonna end up playing at the pentlands.

I remember something about the limited lifespan, can't remember the details, but I always assumed it was because they were a heap of *****.

GGTTH

[weonlywon6-2]

Just heard on radio forth that another consortium has come in to try and get the shares and foh are no happy as this could scupper the cva

[bighairyfaeleith]

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http://www.scotsman.com/sport/footba...iful-1-3218030

Bob has replied in the comments...seems a little unhinged!

So bob reckons FOH have been sold a dud, and it was wise to wait until you could buy the shares before attempting to do a cva. Reckons once he buys the shares then he will do a deal. Anyone know if this makes any sense at all?

I see wee shauny has replied to him, **** me that boy is a fanny

[Coco Bryce]

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Just heard on radio forth that another consortium has come in to try and get the shares and foh are no happy as this could scupper the cva

Yes, I heard that too. Let's just sit back and let the fireworks begin

[Ronniekirk]

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Yes, I heard that too. Let's just sit back and let the fireworks begin

They have realised that this can't drag on into March April time or they are dead.So another consortium that can offer creditors something may be there best bet .Think Administrators behind the scenes will be encouraging that but publicly keeping fans on board as at present it's the fans money that's keeping them going The fans bought into the cheating years so now they are going to find out the hard way they can't afford to buy the club Think over new year there will be further twists in this sordid soap opera Can't wait for the next installment

[Www1875hfc]

Fears that Hear7s could be liquidated.

http://www.edinburghnews.scotsman.co...-bid-1-3218185

[Golden Bear]

It's only a matter of time before our friends apply for the pink palace to be "A" listed.

They'll be very jealous of this magnificent structure.


http://www.bbc.co.uk/news/uk-scotlan...tland-25183708

[greenpaper55]

Is it just me or does that MP look like humpty dumpty ?, it shows you the yams mentality when they deride someone who might offer the Lith government some cash that they were cheated out of.I don't know what game mad Boab is up to but even if a relatively small amount of money was offered for the UBIG shares then that is better than they would get from FOH ?.

[Bostonhibby]

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Fears that Hear7s could be liquidated.

http://www.edinburghnews.scotsman.co...-bid-1-3218185

Jeez, they are worried about a Walter Mitty Character. FFS they idolised and lived off the villainy of the biggest fantasist of all. Who was stealing other peoples money whilst promising them Champions League wins, megasuperhotelstadiums etc?............
Come on Bob, the shares aint worth nothing, they are worth what a buyer will pay, you might even end up owning a basket case of a football club.