Share Transfers Agreed/Cooling off period

[Weststandwanab]

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All of which is hypothetical. They need to complete the CVA first and that looks more distant than ever.

Freezer door needs opened before that and the creditors need to agree to that first and the creditors need to form a Committee before that and Tuesday needs to happen first before a Committee can be formed but wait it is Saturday today.

[GreenCastle]

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Don't forget another £51m to redevelop Tynecastle piggery into a hotel and stadium.

http://www.heartsfc.co.uk/articles/2...241749_1091705

One of my favourite links on the whole of the internet.

They need to update the timeline...

http://www.heartsfc.co.uk/articles/2...241749_1091729

[Deansy]

Think it's fairly obvious now that all who post on 'Soontobe30+pointsback' consist entirely of the ones who started supporting 'the infamous' when Mercer started off 'The Money Years' - hence the bitterness/gross-stupidity etc breaking out as their club races back to it's real-level. For most of them, 'reality' will be just too much to bear.

[EastCalderHibby]

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News of Killie's new debt position is bringing out the best in them. John Mitchell aka one of the most bitter hurting jambos on kickback..

"Good news for another SPL club re the debt, that's Dundee Utd, St Mirren, St Johnstone, Aberdeen (possibly), Motherwell, ICT, Ross Cty etc, all pretty much debt free, with us going down and starting again debt free....................and Hibs having crippling debts with no remedy on the horizon"

Crippling debt? That will be our £5m long term debt after completing ALL stadium and training infrastructure. Superb. And a debt free Hearts, again just priceless.

they really are thick as **** tramps

[Springbank]

Debt free?

In much the same way that a guy serving a 12 month driving ban can boast that soon he'll have no points on his license to someone who has 3 points on their license

[Joe6-2]

Liquidation is all, repeat ALL they deserve, and the sooner the better!

[Phil D. Rolls]

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Liquidation is all, repeat ALL they deserve, and the sooner the better!

I am not a number I am a free man!

[Chibs]

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I am not a number I am a free man!

who is number one?
you are number six and I am number two.

loved that programme,never understood a damn thing what it was about mind you.

[GreenLake]

It's still head in the sand time over on slickcrack. lots of posts about 5.1, poor Hibs players, peg selling and methadone but nothing whatsoever about the frozen shares, CVA vote, politicians and journalists talking gobshight and the slow defecation of their club from the sphincter of the fine "Russian Prince".

[Waxy]

Right.A new week begins.Get this back up top.

[Dashing Bob S]

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Right.A new week begins.Get this back up top.

I agree. A century and a bit of Edinburgh football history about to be wiped out. The Jambos don't seem to care but thank god there are still some people left in this city with a little civic pride.

[Hibrandenburg]

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It's still head in the sand time over on slickcrack. lots of posts about 5.1, poor Hibs players, peg selling and methadone but nothing whatsoever about the frozen shares, CVA vote, politicians and journalists talking gobshight and the slow defecation of their club from the sphincter of the fine "Russian Prince".

This is what makes me chuckle the most. All those who've posted on that thread are not just gonna look like complete trumpets when the inevitable happens but also for years to come. They'll be framed forever in history like the band that continued to play on the Titanic.

Can you imagine the questions they'll be facing from their offspring? "Hey Unclegrandad Boabster, why did you have your head stuck up your erse when the Hearts were going bust?".

Both threads need to be preserved so that future generations can see how they sat by and watched their club go down the pan whilst all along the truth was apparent.

[Ozyhibby]

Potentially fatal meeting tomorrow.
:-)

[Bostonhibby]

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I agree. A century and a bit of Edinburgh football history about to be wiped out. The Jambos don't seem to care but thank god there are still some people left in this city with a little civic pride.

To be fair Bob, for all we know maybe the people of Midlothian might get round to a belated show of concern when their "heart of" eventually goes pop?

We can hardly expect it to make a difference to the people of the city when midlothian is effectively just a nearby neighbouring region with a football team that plays in Edinburgh claiming to be its "heart of". There really has always only been one top flight Edinburgh team. Wallace was right all along :-)

[Joe6-2]

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Potentially fatal meeting tomorrow.
:-)

Can a fatal blow be delivered tomorrow?

[Phil D. Rolls]

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Can a fatal blow be delivered tomorrow?

The patient has been dead for months.

[Ronniekirk]

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Can a fatal blow be delivered tomorrow?

Has it not just gone all quiet as budge knows nothing is potentially happening re frozen shares till end of April which will soon be changed to sometime in May or are they now having to seriously consider how they market the big L to fans to keep them on board .

[Ozyhibby]

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Can a fatal blow be delivered tomorrow?

I think so.
They could vote to reject the CVA but much more likely they will not discuss Hearts at all and arrange a second meeting for 6 months time.
The result would be the same.

[Juice-Terry]

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I think so.
They could vote to reject the CVA but much more likely they will not discuss Hearts at all and arrange a second meeting for 6 months time.
The result would be the same.

Pleasing.

[ehf]

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Right.A new week begins.Get this back up top.

desperately need some pleasing developments here to divert us from the fact that we have a crap team and another useless manager.

[CropleyWasGod]

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Can a fatal blow be delivered tomorrow?

No.

Tomorrow is all about electing the creditors' committee.

[greenginger]

Had an E-mail this morning from Ullyses at Jambo Kickback.

" Buy a £5 ticket for a raffle to win all the programs for Hearts cup runs. "

Looks like the Yam begging machine is going up the gears

[Weststandwanab]

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Can a fatal blow be delivered tomorrow?

I believe it could see my last post below.

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The patient has been dead for months.

I agree.

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Has it not just gone all quiet as budge knows nothing is potentially happening re frozen shares till end of April which will soon be changed to sometime in May or are they now having to seriously consider how they market the big L to fans to keep them on board .

That will have been decided already as BJ knows.

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No.

Tomorrow is all about electing the creditors' committee.

I am not sure it is a given that there will be agreement on who is on the Creditors Committee - there are some awfully big sums of money involved here - and if that is the case, further delays could be fatal for BDO.

[clerriehibs]

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This is what makes me chuckle the most. All those who've posted on that thread are not just gonna look like complete trumpets when the inevitable happens but also for years to come. They'll be framed forever in history like the band that continued to play on the Titanic.

Can you imagine the questions they'll be facing from their offspring? "Hey Unclegrandad Boabster, why did you have your head stuck up your erse when the Hearts were going bust?".

Both threads need to be preserved so that future generations can see how they sat by and watched their club go down the pan whilst all along the truth was apparent.

But, like the band on the titanic, what else can they do?

They're donald ducked. They can't do anything to change that. They can't alter events in Lithuania. They're p!ssed at everyone everyone associated with homfc, but in truth, all they can do is lash out at us. They have nothing else left.

[greenginger]

http://translate.googleusercontent.c...GxO1_cua1W4Y-w


This is all that is happening at tomorrow's Creditors meeting.

[Platinum Scotty]

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http://translate.googleusercontent.c...GxO1_cua1W4Y-w


This is all that is happening at tomorrow's Creditors meeting.

Pages 13/14 makes for some interesting reading.............not all rosy eh!

[Cabbage East]

Have they received their share certificates yet?

[H18sry]

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Page 14 makes for some interesting reading.............

3.10.3. Heart of Midlothian Plc (Scotland) Heart of Midlothian Plc is a Scottish football club Hearts managing the Company. This Company's debt agricultural bank (without Interest and penalties) is 14 684 636.97 GBP (approximately 61.6 million. lit). kio bankas requirements Heart of Midlothian Plc is to: x Company's mortgage; x original property (Tynecastle stadium in Edinburgh) change; x 29.5% of Heart of Midlothian Plc share exchange; x Company LLC and Balkan Invest JSC Businessline guarantees. Payable to mention the fundamental problem of the debtor: x Lack of lending liabilities assurance. According to 2012. March 30. assessment, Tynecastle Stadium values ​​(appreciation and investments needed) 2 times less than the total debt (EUR 7.5 million. GBP). According to 2013. July n. assessment carried out in real property values ​​down further by around 2-3 times less than the amount owed ​​2 million. - 3.5 million. GBP (subject to permission to develop residential destination areas - 7.5 million. GBP). Other security measures - of dubious value. x Problematic shares replacement. Debtor's shares are owned by bankrutuojanþiai JSC Bank's economic Investment Group. agricultural bank in favor of weird only 29.5% of the Company's shares. agricultural bank has opportunities without BUAB economic Bank Investment Group Co-operation in ensuring implement changes Hearts Football Club t Continuity. The problems in the situation illustrated by the fact that the first BUAB economic Bank Investment Group "meeting of creditors was rejected Heart of Midlothian Plc shares for sale si lom 100,000 GBP Realization of the stadium features. Completed property assessment report reveals that Tynecastle The stadium will have the highest market value of t, if consented would develop into the densely built residential areas. However the chances are high that a permit is not received, because area is established consulting s / security zone on sand near regulated hazardous materials (Alcohol and ethanol plant containers and plant medicine). According to the football club administrators are high likelihood that investors will not want to buy tons of assets for fear BESITOS sianþio hooliganism, institutions of political pressure (due to the collapse of the football club). Administrator has the following key to this borrower-related actions: x The analysis of the possible actions alternatives. Meetings were held with the Scottish League managers, administrators, Scottish lawyers, discussed the current situation and options. Accepted decision to seek insolvency procedures ros - Administration. This has helped to keep both options sold immovable property, and sell the football club as rich Complex, together with the assignment of Heart Midlothian Plc shares; x In 2013. June 19 started the debtor administration. Administrator appointed kio bankas offered a replacement candidate; x Taken over management of the former leadership, the club secured a temporary operating t Continuity within a short compiled by almost 1 million. GBP income and releasing part of employees and their players reached 0.5 million. GBP cost savings per year; x Start the Heart of Midlothian Plc selling process. After not one for discussions and negotiations on the price improvement was extracted and the largest real border price ls investor; x In 2013. At the end of a peaceful approved the agreement of creditors, resulting in economic bank, the only one of Heart of Midlothian Plc creditors, regain part of the loan granted; x In 2014. March for the start of negotiations on the sports club's transfer business documents. kio bankas aims to bt sold Heart of Midlothian Plc assets and the income received would be paid to the economic Bank's share of the amoun

[GordonHFC]

Am I right in my reading of this that the Lithuanian administrators have been frightened off by BDO who have said that they would not be able to sell off the land to any possible developer as no company would purchase it due to the likelihood of HoMFC supporters (hooligans) bombarding any such company as they would be seen to have had a hand in their demise.

Or am I reading this completely wrong.

[Ozyhibby]

Does this mean that they are on the agenda tomorrow?