Share Transfers Agreed/Cooling off period

[Kaiser1962]

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"Plenty of research". That's a hoot. His research went no further than calling up the Bare Faced Liar and asking him if there was anything up.

Classic!

Even better

"Tks for telling me how to do my job"

Throbber.

[EK_Hibs]

Has the CVA cooling off period not been & gone though?

[Saorsa]

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"Plenty of research". That's a hoot. His research went no further than calling up the Bare Faced Liar and asking him if there was anything up.

He prints what he's told
He prints what he's told
Allisbarry
He prints what he's told

[CropleyWasGod]

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Don't quote me, but those last ones are settled in some pence in the pound type deal are that not? So instead of £90k to Edinburgh CC read £6k, etc.

J

They get nothing.

[CropleyWasGod]

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My flatmate and I were discussing this earlier and despite having paid close attention to this thread, could someone answer me a pretty simple question please?

As I understand it, the planned debt repayments for the Yams (assuming the CVA is approved and the shares are magically defrosted) would currently be:

• £2.5m to Ukio Bankas as part of CVA
• £50k to UBIG for the shares
• About £60k in football debts (Ayr, Liverpool, Livingstone, Mussellburgh and The Rangers)

• And what I'm not sure about (taxes):
  
  • City of Edinburgh Council: £90,715
  • City of Edinburgh Council (for flats): £2,631
  • HMRC: £1,881,068

​
Regarding the creditors in italics, ie. the tax authorities, do they get what they're owed? Have I understood the rest correctly?

The football debt is approximately £535k

[CropleyWasGod]

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Has the CVA cooling off period not been & gone though?

It hasn't started as it hasn't been formally approved.

[EK_Hibs]

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It hasn't started as it hasn't been formally approved.

I don't think that's true. Unless Bryan Jackson & co have been telling porky pies to the media.

[CropleyWasGod]

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I don't think that's true. Unless Bryan Jackson & co have been telling porky pies to the media.

So you are saying that the CVA has been approved?

[VivaHiberña]

Thanks everyone for clearing that one up, I'd be lost without .net

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The football debt is approximately £535k

That's a good deal more than I thought (based on this thread). Where did you get that figure, CWG? Ta.

[Tynie01011973]

Anyone heard any names yet of who the 'Edinburgh business backers' that were in Bidco - apart from Ann Budge ?

[The_Todd]

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I don't think that's true. Unless Bryan Jackson & co have been telling porky pies to the media.

If the CVA had been approved we'd know about it, they'd be shouting from the rooftops. Nobody at Hearts or BDO has been saying the CVA has been approved other than conditionally.

[Virginia Hibs]

Page 1875 according to my phone! :) pleasing thread!


Sent from my iPhone using Tapatalk

[CropleyWasGod]

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Thanks everyone for clearing that one up, I'd be lost without .net





That's a good deal more than I thought (based on this thread). Where did you get that figure, CWG? Ta.

It is in BDOs last report. Don't have that to hand, but it's explicitly listed.

[EK_Hibs]

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So you are saying that the CVA has been approved?

Not set in stone as yet, no... But you seemed to be suggesting there's going to be another 30 days 'cooling off period' when/IF UBIG confirm they're onside? I don't believe that's the case at all.
I'd have thought if the UBIG liquidator was going to throw a spanner in the yams 'provisional CVA' works then he'd have done it within the 30 day period following the 30th of November or whenever it was.

[jacomo]

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I don't think that's true. Unless Bryan Jackson & co have been telling porky pies to the media.

With all due respect, this is getting quite exhausting. A quick search of relevant news sites will bring you up to date with the basic facts that are in the public domain - even the Scotsman/EEN more or less gets those right.

[Kato]

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I don't think that's true. Unless Bryan Jackson & co have been telling porky pies to the media.

Show evidence that Bryan Jackson has ever said the cooling off period has begun.

[Kato]

A cracker, him and the tweet.

Barry Anderson ‏@BarryAnderson_8 18 Oct 2012

Following last tweet, #HMFC doing their best being self-sufficient but wage delays unavoidable with no UBIG funds. See today's paper. #SPL

[Kato]

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Not set in stone as yet, no... But you seemed to be suggesting there's going to be another 30 days 'cooling off period' when/IF UBIG confirm they're onside? I don't believe that's the case at all.
I'd have thought if the UBIG liquidator was going to throw a spanner in the yams 'provisional CVA' works then he'd have done it within the 30 day period following the 30th of November or whenever it was.

You're seem to be grasping while not grasping the situation.

[EK_Hibs]

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You're seem to be grasping while grasping the situation.

Eh?

[jacomo]

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Show evidence that Bryan Jackson has ever said the cooling off period has begun.

[Kato]

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Eh?

sorry bud, edited

[EK_Hibs]

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Show evidence that Bryan Jackson has ever said the cooling off period has begun.

Can't be bothered searching Google for a yam purpose.
My knowledge of this comes from when I heard Bryan Jackson say (whilst being interviewed on sportsound) that he didn't expect any objections from creditors during the 30 day cooling off period following the 29th of November.

[EK_Hibs]

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Show evidence that Bryan Jackson has ever said the cooling off period has begun.

Aye I was right.... I knew I heard him say it on Sportsound.
During the 1st minute of this clip:
http://www.bbc.co.uk/sport/0/scotland/25159932

[weecounty hibby]

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You know what Spike.
That is the happiest, most upbeat post I think you've ever made.
#Spikeisbarry

Thats as good as it gets!! Having known Spike for about 27 years and stood and sat beside him at ER and many other places he really is a pessimistic, wet blanket, glass half empty kind of guy. And if your glass is half empty he is most certainly not the type to fill it up !!! He does hate the Merricks though

[inglisavhibs]

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Has the CVA cooling off period not been & gone though?

That's what you would like to have happened.

[steviehibsleith]

Just read EEN and that incompetent minge Barry stating 18 yo Sam Nicholson even though Brokeback Last week had a happy 19th birthday thread for him . Deliberately misleading the readers or just a pathetic journalist.... ..Both I'd say

[greenginger]

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I don't think that's true. Unless Bryan Jackson & co have been telling porky pies to the media.

What there has been was a 30 day period , after the vote on the 29th of November to appeal any irregularities in the vote.

I thought HMRC would have raised an objection . Unfortunately they did'nt.

[Spike Mandela]

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You know what Spike.
That is the happiest, most upbeat post I think you've ever made.
#Spikeisbarry

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That's quite cheery, are you ok?

Been feeling strange all day. If we sign a decent player now I might just have a happyclap!

Nah, probably not.

[Jonnyboy]

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Classic!

Even better

"Tks for telling me how to do my job"

Throbber.

He sure needed somebody to tell him

[EK_Hibs]

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What there has been was a 30 day period , after the vote on the 29th of November to appeal any irregularities in the vote.

I thought HMRC would have raised an objection . Unfortunately they did'nt.

They already objected so would have been pointless...like the yams :)