Share Transfers Agreed/Cooling off period

[EK_Hibs]

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Liquidate them. Only true justice for the cheating (spending money they don't have to gain football advantage).

I will piss myself laughing when that day comes and then they can all tell us how it was all worth it.

They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.
On the bright side they'll likely be down in the Championship for at least 2 seasons because of Sevco. Out of sight Out of mind. Cheerio Yaks.

[Kojock]

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Play for the Jersey

They're used to the Friesian conditions too.

Just signed a new striker as well Paul Heifernan

[inglisavhibs]

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They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.
On the bright side they'll likely be down in the Championship for at least 2 seasons because of Sevco. Out of sight Out of mind. Cheerio Yaks.

I doubt you had high hopes for liquidation. The truth is that nobody knows if Hearts will be liquidated as there are too may unknowns at this stage.

[cocopops1875]

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They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.
On the bright side they'll likely be down in the Championship for at least 2 seasons because of Sevco. Out of sight Out of mind. Cheerio Yaks.

No chance of coming up in the play off then ?

[weonlywon6-2]

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No chance of coming up in the play off then ?

there is not much expected of them just now so no real pressure. When they go down and build for next year the pressure will be back on. They will have a bit of money as they are really in the same position with us in getting money through the gates.The hope is that Dundee are a bit stronger and they haven't managed to get any decent signings to play in the first division

[grunt]

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They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.

I'd be interested to know on what evidence you base that assertion.

[Saorsa]

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They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.
On the bright side they'll likely be down in the Championship for at least 2 seasons because of Sevco. Out of sight Out of mind. Cheerio Yaks.

[Jack Hackett]

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They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.
On the bright side they'll likely be down in the Championship for at least 2 seasons because of Sevco. Out of sight Out of mind. Cheerio Yaks.

Until such time as the fat lady sings, this is in no way a 'done deal'. Sevco were 100% certain that their CVA proposal was acceptable right up to the day it was rejected. The circumstances in the hertz case are different, but they still have hurdles to jump and their clock is ticking.

If and when FoH get their grubby little mitts on the 'prize' , I'll accept second best scenario. Until then, I'll be looking for their deserved extinction.

Die ya mini huns

[RoYO!]

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I'd be interested to know on what evidence you base that assertion.

Ukio are going to accept 2.5 mil for the land. If ukio wanted the going rate then hertz wouldnt be able to raise that. then they go to liquidation. Id be interested to know the ins and outs of how they could still be liquidated at this point. In fact id be delighted to know :)

Would it be a ukio u turn having already accepted in principa?
Do ubig have ANY cards to play?

[EK_Hibs]

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I'd be interested to know on what evidence you base that assertion.

I've been of that opinion ever since the CVA was 'provisionally agreed' in late November. I was, and still am, amazed that that CVA wasn't kicked into touch by all the meaningful Creditors!! Only HMRC had the sense to do so if I remember correctly.

[CropleyWasGod]

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Ukio are going to accept 2.5 mil for the land. If ukio wanted the going rate then hertz wouldnt be able to raise that. then they go to liquidation. Id be interested to know the ins and outs of how they could still be liquidated at this point. In fact id be delighted to know :)

1. they run out of money before the CVA is completed.

2. they have money, but the Lithuanian Courts refuse to unblock the sale of the UBIG shares.

3. FOH/their backers refuse to meet the alleged purchase price for the UBIG shares.

[EK_Hibs]

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No chance of coming up in the play off then ?

They probably will have 'a chance' in the play-offs next season but I just don't see them being promoted straight away. I predict play-off pain for them next season....which will be extremely funny :)

[greenpaper55]

I see this is up for sale http://www.edinburghnews.scotsman.co...ebts-1-3281497

pity they did not do the same for the PBS !.

[Saorsa]

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1. they run out of money before the CVA is completed.

2. they have money, but the Lithuanian Courts refuse to unblock the sale of the UBIG shares.

3. FOH/their backers refuse to meet the alleged purchase price for the UBIG shares.

What about the rubber stamp running out of ink? Surely a major factor?

[CropleyWasGod]

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I see this is up for sale http://www.edinburghnews.scotsman.co...ebts-1-3281497

pity they did not do the same for the PBS !.

Is it owned by UBIG? If so, it will be frozen.

[EK_Hibs]

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1. they run out of money before the CVA is completed.

2. they have money, but the Lithuanian Courts refuse to unblock the sale of the shares.

3. FOH/their backers refuse to meet the alleged purchase price for the UBIG shares.

1) No chance, BDO would just get the begging bowl out again and start selling Season Tickets (for the Championship).
2) Possibly, this is the one remaining 'liquidation hope' from where I'm sitting.
3) Unless their backers are untrustworthy charlatans like Craig Whyte then I highly doubt this one unfortunately.

[CropleyWasGod]

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What about the rubber stamp running out of ink? Surely a major factor?

This is what I love about Hibs.net. The brainstorming and left-field thinking is both a joy and a challenge..

[Saorsa]

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This is what I love about Hibs.net. The brainstorming and left-field thinking is both a joy and a challenge..

All details must be considered. I'm surprised you missed out such a biggie.

[Aldo]

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Liquidate them. Only true justice for the cheating (spending money they don't have to gain football advantage). I will piss myself laughing when that day comes and then they can all tell us how it was all worth it.

O yes indeed. My preferred option but must admit it's been fun watching them moan, whinge,beg, grovel and make every excuse under the sun.

It would also be very funny if they got within touching distance but..... Didn't quite make it.

[Onceinawhile]

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Ukio are going to accept 2.5 mil for the land. If ukio wanted the going rate then hertz wouldnt be able to raise that. then they go to liquidation. Id be interested to know the ins and outs of how they could still be liquidated at this point. In fact id be delighted to know :)

Would it be a ukio u turn having already accepted in principa?
Do ubig have ANY cards to play?

Because the shares are frozen and their funds are going to run out. Any day now. Probably today in fact.

(Repeat until you believe it, otherwise you support hearts.)

[The_Todd]

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1) No chance, BDO would just get the begging bowl out again and start selling Season Tickets (for the Championship).
2) Possibly, this is the one remaining 'liquidation hope' from where I'm sitting.
3) Unless their backers are untrustworthy charlatans like Craig Whyte then I highly doubt this one unfortunately.

We've been through point one before: yes they could do but it would rob FOH of their working capital for next season. Without that they're buggered.

[Aldo]

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Oi!! Only Banderson is allowed to use stamps, especially rubber ones to approved things. FACT ;-)

[The_Todd]

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Because the shares are frozen and their funds are going to run out. Any day now. Probably today in fact.

(Repeat until you believe it, otherwise you support hearts.)

It's not Hibs.net that decided BDO are running out of working capital, that was BDO themselves.

Also nobody said they'd go boom today or even indeed tomorrow, everyone has been saying it'll be a long drawn out affair, which it is.

[Ozyhibby]

Lots of ifs, buts and maybes in that article. What is telling is that it is not up for sale and that action by the court is required. Must be the same for all Ubig assets.
:-)

[Jack Hackett]

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Lots of ifs, buts and maybes in that article. What is telling is that it is not up for sale and that action by the court is required. Must be the same for all Ubig assets.
:-)

Could have been penned by #allisbarry himself, except he admits he doesn't do financials

[CropleyWasGod]

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Could have been penned by #allisbarry himself, except he admits he doesn't do financials

The guy quoted, David Rutherford, is a decent one. He knows what he's talking about when it comes to insolvency.

I am guessing, though, that he doesn't know about the assets being frozen.

The article does suggest that the building belongs to UBIG, but it is the EEN so I'm not sure.

[grunt]

The EEN seems to have got its tenses mixed up. "Bank sold" implies that it has been sold. The article indicates otherwise.

[CropleyWasGod]

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The EEN seems to have got its tenses mixed up. "Bank sold" implies that it has been sold. The article indicates otherwise.

Och, you should know by now how these things work. It just needs a rubber stamp.

[hhibs]

Sorry if covered before.

Under SPFL rules would Hearts be docked more points or suffer any other punishment if they are still in administration for next season?

Having a debate with a decent Jambo,yes a few exist, over here in the Sun and Wind of Fuerteventura.

GGTTH

[Phil D. Rolls]

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They won't be liquidated. I HAD high hopes they were going to be a couple of months ago but now it's highly unlikely.
On the bright side they'll likely be down in the Championship for at least 2 seasons because of Sevco. Out of sight Out of mind. Cheerio Yaks.

FACT?