Share Transfers Agreed/Cooling off period

[Mr White]

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Also, how ridiculous is Liam Mcleod?

Ftfy

[Mikey]

Getting back on topic......

A smaller area of land, with planning permission for 160 houses, is up for sale at £40m.................

http://www.edinburghnews.scotsman.co...sale-1-3230392

And Hearts want Lithuania to accept £2.5m.

[Hibbyradge]

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Getting back on topic......

A smaller area of land, with planning permission for 160 houses, is up for sale at £40m.................

http://www.edinburghnews.scotsman.co...sale-1-3230392

And Hearts want Lithuania to accept £2.5m.

That works out at £250k per house.

New builds near me have been going for nearly 3 times that!

A tidy, and easy, profit to be made.

[Deansy]

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Aye, he's a looker...

THAT is a very creepy, evil photo - it's like he's just decided on whatever young boy/girl he's been offered !!!

[GRANTON_HIBS]

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Getting back on topic......

A smaller area of land, with planning permission for 160 houses, is up for sale at £40m.................

http://www.edinburghnews.scotsman.co...sale-1-3230392

And Hearts want Lithuania to accept £2.5m.

You have to ask if the Lithuania Administrators have even bothered to check if the laughable offer from FOH is indeed the best deal they can get, or if somebody in Edinburgh is lying their ass off to them.

[Weststandwanab]

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Getting back on topic......

A smaller area of land, with planning permission for 160 houses, is up for sale at £40m.................

http://www.edinburghnews.scotsman.co...sale-1-3230392

And Hearts want Lithuania to accept £2.5m.

Can someone send this to Bryan Jackson and the Lithuanian Administrators please ?

[Gus Fring]

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THAT is a very creepy, evil photo - it's like he's just decided on whatever young boy/girl he's been offered !!!

[Mikey]

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Can someone send this to Bryan Jackson and the Lithuanian Administrators please ?

Dear Bryan,

Did you know you can secure around £40m for the creditors you're supposed to be representing? Probably more as the piece of land you have is 25% bigger than shrubhill.................

[I'm_cabbaged]

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Getting back on topic......

A smaller area of land, with planning permission for 160 houses, is up for sale at £40m.................

http://www.edinburghnews.scotsman.co...sale-1-3230392

And Hearts want Lithuania to accept £2.5m.

Have they not already accepted it?

[cabbageandribs1875]

where's the poster known as sydney nowadays thought he was sending 45432190712 letters to the lithuanian authorities

[hibees 7062]

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Getting back on topic......

A smaller area of land, with planning permission for 160 houses, is up for sale at £40m.................

http://www.edinburghnews.scotsman.co...sale-1-3230392

And Hearts want Lithuania to accept £2.5m.

Can we send that to someone in Lith Mickey ?

[hibees 7062]

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Freaky looking grunt!! What surprises me is how many of the gimps who have named their dogs or sons after him, or does it???

Same thing

[hibees 7062]

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You have to ask if the Lithuania Administrators have even bothered to check if the laughable offer from FOH is indeed the best deal they can get, or if somebody in Edinburgh is lying their ass off to them.

This is exactly what i was thinking , telling them it wont be possible to build on it etc

[clerriehibs]

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Can someone send this to Bryan Jackson and the Lithuanian Administrators please ?

Jackson knows, hence the reason the valuation was suppressed in the report for the CVA vote. For whatever reason (I assume because it won't affect his bottom line), he's concentrating too much on saving the football club as opposed to best deal for the creditors.

[Weststandwanab]

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Dear Bryan,

Did you know you can secure around £40m for the creditors you're supposed to be representing? Probably more as the piece of land you have is 25% bigger than shrubhill.................

Great, thank you. Do you know if BJ reads your posts

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where's the poster known as sydney nowadays thought he was sending 45432190712 letters to the lithuanian authorities

I think the PC brigade chased him which is a shame as he was moderately entertaining at times.

[Gus Fring]

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Jackson knows, hence the reason the valuation was suppressed in the report for the CVA vote. For whatever reason (I assume because it won't affect his bottom line), he's concentrating too much on saving the football club as opposed to best deal for the creditors.

He'll want future business. Getting Hearts out of Admin and into the hands of the fans is a great advertisement.

[I'm_cabbaged]

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Have they not already accepted it?

Well?

[greenginger]

The £ 40 million mentioned in the EEN article will be the overall value of the development once the houses are constructed. Land only I would guess between £ 5 - 6 million. I might give DTZ a call tomorrow and see if I can get an idea on what they expect to achieve from the sale.

[Onion]

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Jackson knows, hence the reason the valuation was suppressed in the report for the CVA vote. For whatever reason (I assume because it won't affect his bottom line), he's concentrating too much on saving the football club as opposed to best deal for the creditors.

Liths are getting ripped off AGAIN. Prob is Jackson has to live in the Uk after this deal is done and the Yams know where he lives

[SmashinGlass]

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Jackson knows, hence the reason the valuation was suppressed in the report for the CVA vote. For whatever reason (I assume because it won't affect his bottom line), he's concentrating too much on saving the football club as opposed to best deal for the creditors.

I hate to break it to you, but it's standard practice in any insolvency (not just this one) to hold back asset valuations when bids are invited from interested parties. It's up to them to make an offer, not for the IP to offer the sale. Asset valuations are disclosed to purchasers only once confidentiality agreements are in place.

[HibbyAndy]

They no deid yet?

[hibs0666]

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I hate to break it to you, but it's standard practice in any insolvency (not just this one) to hold back asset valuations when bids are invited from interested parties. It's up to them to make an offer, not for the IP to offer the sale. Asset valuations are disclosed to purchasers only once confidentiality agreements are in place.

Might be standard practice, doesn't make it good practice

[greenginger]

Read the details for the Shrubhill site on the DTZ web site.

Apart from the 160 houses there is over 12,000 sq. ft of retail space that the EEN does not mention.

Additionally, the site is being sold by Frasers Hamilton Shrubhill Ltd ( in administration ) not the Unite Union as per the EEN.

I think I had better check today is Thursday as I got that info from the paper.

[Weststandwanab]

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I hate to break it to you, but it's standard practice in any insolvency (not just this one) to hold back asset valuations when bids are invited from interested parties. It's up to them to make an offer, not for the IP to offer the sale. Asset valuations are disclosed to purchasers only once confidentiality agreements are in place.

If they had any brains they would get the assets valued independently.

[Springbank]

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Read the details for the Shrubhill site on the DTZ web site.

Apart from the 160 houses there is over 12,000 sq. ft of retail space that the EEN does not mention.

Additionally, the site is being sold by Frasers Hamilton Shrubhill Ltd ( in administration ) not the Unite Union as per the EEN.

I think I had better check today is Thursday as I got that info from the paper.

Correct, Unite own the derelict building (selling it for student housing) which is a pretty small land take.
The vast majority of the land at Shrub Hill is the part being sold by DTZ.
It also includes listed buidings (the old tram sheds & the chimney) and its previous industrial use means decontamination work will be needed (so all in all, not dissimilar circumstances from Tynecastle).
Posters above are correct - it's a £40m project but the land would be c.10%-15% of that I would guess (unless a bidding war gets underway)

I know Hearts have a good track record in all sorts of wars, but even they should consider £2.5m for Tynecastle as one of their best smash and grab victories if the Liths accept that - it is worth a lot more for housing land

[Jonnyboy]

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Was he not laughing mate ?

Hard to say as his mouth lives in the shadow of his nose

[Aldo]

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Aye, he's a looker...

Aye he sure is. He looks (and is) like a complete and utter ****ing yam tosser

[SuperAllyMcleod]

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Should that happen, the majority of yams wouldn't be saying it was all worth it - and so I'd be happy that they'd been punished enough.

For now, most yams are saying it was all worth it - so they haven't been punished enough.

I like your logic, works for me.

[hibees 7062]

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Well?

[SmashinGlass]

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Might be standard practice, doesn't make it good practice

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If they had any brains they would get the assets valued independently.

I agree with both of these sentiments.