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View Poll Results: What's your preferred outcome from the financial problems over at Yam land?

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  • Hertz do not exist anymore

    746 48.89%
  • Hertz survive but play in a lower league

    560 36.70%
  • Hertz survive and stay in SPL

    49 3.21%
  • Don't care about them

    171 11.21%
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  1. #42271
    Interesting turn of events, can't say i'm surprised at all.

    Here's a question, why do the media want to try and spin a positive story out of everything Yam related? They're not actually reporting it as it is.


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  3. #42272
    Testimonial Due Weststandwanab's Avatar
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    Quote Originally Posted by edinburghhibee View Post
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    Not this one ;) when that she!7hole gets reduced to rubble and flats/supermarket/Edin rugby sports complex goes up so will my house price!

    In other words I'm ****ing delighted!!!
    Great

    Are you having a party when the bull dozers move in ?

    Can we come along and watch - for a fee of course !

    Quote Originally Posted by DaveF View Post
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    Would you leave a Bentley in a PBS car park?
    I would if I was there to sign the documents to sign their death warrant.

    Or in his case to say yur no gettin any ow ma money
    Last edited by Weststandwanab; 28-03-2014 at 12:09 PM.

  4. #42273
    How major is this major creditor?

  5. #42274
    @hibs.net private member Spike Mandela's Avatar
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    Quote Originally Posted by carnoustiehibee View Post
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    How major is this major creditor?
    image.jpg

  6. #42275
    @hibs.net private member Mikey's Avatar
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    Quote Originally Posted by The Falcon View Post
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    Kickback saying "The £2.5m can't be challenged"

    Surely if the CVA is conditional it can be challenged by any of the creditors?
    conditional
    adjective
    1.
    subject to one or more conditions or requirements being met.
    "the consortium have made a conditional offer"

  7. #42276
    @hibs.net private member Spike Mandela's Avatar
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    Quote Originally Posted by Mikey View Post
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    conditional
    adjective
    1.
    subject to one or more conditions or requirements being met.
    "the consortium have made a conditional offer"
    Happy birthday Mikey. Anything pleasing happen today to boost your, errm, condition?

  8. #42277
    @hibs.net private member JollyGreenGiant's Avatar
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    But, but, but what about the rubber stamp and the green light?

    Rubber stamp obviously not working and the green light has turned amber!

    Bad news ahead of Derby...... PLEASING!

  9. #42278
    Testimonial Due Hibee87's Avatar
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    Quote Originally Posted by Bajillions View Post
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    "Green lights all the way"

    "Rubber stamp"

    "All a Formality"

    "Creditors all on Hearts' side"
    "Mikey Forrester"

    "Russian Sailors"

    WTF

  10. #42279
    @hibs.net private member Mikey's Avatar
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    Quote Originally Posted by JollyGreenGiant View Post
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    Bad news ahead of Derby...... PLEASING!
    You can be pretty sure they'll have something lined up for release on Monday morning, just in case.

    "Best youngsters in the Championship" would be my guess

  11. #42280
    @hibs.net private member Ozyhibby's Avatar
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    Quote Originally Posted by Mikey View Post
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    You can be pretty sure they'll have something lined up for release on Monday morning, just in case.

    "Best youngsters in the Championship" would be my guess
    The Championship is looking hopeful.

  12. #42281
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    All together now....

    The Hibs are having a party,
    the Hibs are having a party.
    the Hibs are having a partaaaaaay
    The Hearts are nearly dead!!

    Repeat until hoarse.

  13. #42282
    Testimonial Due Hibee87's Avatar
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  14. #42283
    @hibs.net private member Mikey's Avatar
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    It's no surprise that there's been yet another delay. It happened with Portsmouth too............

    A court date was set and pushed back several times from the end of last year to a hearing finally taking place this month.
    And that's the court hearing that was repeatedly put back. Hearts are nowhere near the court hearing stage yet.


    Full story of Portsmouth's liquidation here......

    http://www.accountancyage.com/aa/new...-portsmouth-fc

  15. #42284
    @hibs.net private member Spike Mandela's Avatar
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    Quote Originally Posted by Mikey View Post
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    It's no surprise that there's been yet another delay. It happened with Portsmouth too............



    And that's the court hearing that was repeatedly put back. Hearts are nowhere near the court hearing stage yet.


    Full story of Portsmouth's liquidation here......

    http://www.accountancyage.com/aa/new...-portsmouth-fc
    With BDO being so intimately involved in the Portsmouth protracted administration they would be in a good position to foresee and avoid the predictable obstacles in the Hearts administration surely?

  16. #42285
    @hibs.net private member Bishop Hibee's Avatar
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    Quote Originally Posted by Spike Mandela View Post
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    BBCBMcLauchlin (@BBCBMcLauchlin)
    28/03/2014 11:18
    One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot

    Download the official Twitter app here


    Sent from my iPad
    Absolutely brilliant! Good to see their is still one financial institution with scruples. Mon the Sauliu Bank!
    "Washing one's hands of the conflict between the powerful and the powerless means to side with the powerful, not to be neutral.' - Paulo Freire

  17. #42286
    @hibs.net private member Greenworld's Avatar
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    Quote Originally Posted by Sergey View Post
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    The power of email is astounding.

    GIRFUY ya bunch of Jambo cretins.

  18. #42287
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by Spike Mandela View Post
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    With BDO being so intimately involved in the Portsmouth protracted administration they would be in a good position to foresee and avoid the predictable obstacles in the Hearts administration surely?
    They could foresee them, for sure, but I'm not sure they could avoid them. They can only do what they can, and leave what they can't to the Lithuanians. That way, as many have said on here, it's "someone else's fault".

  19. #42288
    @hibs.net private member Bristolhibby's Avatar
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    Quote Originally Posted by hibee87 View Post
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    like

  20. #42289
    @hibs.net private member cabbageandribs1875's Avatar
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    poor girly scarf-twirling pink grunts














  21. #42290
    @hibs.net private member Bostonhibby's Avatar
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    Quote Originally Posted by Spike Mandela View Post
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    BBCBMcLauchlin (@BBCBMcLauchlin)
    28/03/2014 11:18
    One major creditor of UBIG, Sauliu Bank is unhappy with the price being offered for the shares in Hearts.#bbcsportscot

    Download the official Twitter app here


    Sent from my iPad
    Yahoo, open market auction to make admin do their job and get the best price for creditors?

    I always said the wongadome is a classic structure and is really the most valuable ground in europe. Come on shoeless bob et al, the door is open, you know you want to.

    "I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"

    Sir Matt Busby

  22. #42291
    @hibs.net private member Mikey's Avatar
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    Quote Originally Posted by Bostonhibby View Post
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    Yahoo, open market auction to make admin do their job and get the best price for creditors?

    I always said the wongadome is a classic structure and is really the most valuable ground in europe. Come on shoeless bob et al, the door is open, you know you want to.
    Hibs.net should have kept the £10k given to Youth Development, stuck it on one of Sergey's RPL tips, and before you know it we're offering more than £50k for the shares

  23. #42292
    @hibs.net private member Bostonhibby's Avatar
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    Quote Originally Posted by Mikey View Post
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    Hibs.net should have kept the £10k given to Youth Development, stuck it on one of Sergey's RPL tips, and before you know it we're offering more than £50k for the shares
    Whip round anyone?

    "I did not need any persuasion to play for such a great club, the Hibs result is still one of the first I look for"

    Sir Matt Busby

  24. #42293
    @hibs.net private member Coco Bryce's Avatar
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    Sorry to put a bit of a dampner on the news but what makes everyone think that McLauchlin's tweet is accurate?

    When has he ever got anything right

  25. #42294
    Testimonial Due edinburghhibee's Avatar
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    Wonder if her face is of a similar ilk after today's news
    Attached Images Attached Images

  26. #42295
    @hibs.net private member Mikey's Avatar
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    Quote Originally Posted by GlasgowHibee View Post
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    Interesting turn of events, can't say i'm surprised at all.

    Here's a question, why do the media want to try and spin a positive story out of everything Yam related? They're not actually reporting it as it is.
    In sports journalism, if you don't tell the story the club wants then you don't get the story.

  27. #42296
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    @The_FOH: We know supporters are anxious for news today but we are awaiting formal information from Lithuania & will comment as soon as it is received

  28. #42297
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    Quote Originally Posted by Bostonhibby View Post
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    Yahoo, open market auction to make admin do their job and get the best price for creditors?

    I always said the wongadome is a classic structure and is really the most valuable ground in europe. Come on shoeless bob et al, the door is open, you know you want to.
    I had an interesting email exchange with the legal firm a few weeks ago that are handling the Ukio administration in conjunction with Adomonis - here's a reply I received

    Dear Mr. Sergey,

    Thank you for your information and interest. Please be informed that the Creditors Committee of Ukio bank was elected on 18th of March. The main functions of the Creditors Committee are those:

    - To supervise the progress of bankruptcy process;
    - To monitor the bankruptcy administrator’s activity;
    - Protect the interests of the Creditors.

    The bankruptcy administrator of Ukio bank is responsible for:

    - Administration and protection of all the assets of the bank;
    - Management of the overall commercial activity of the bank;
    - Monitor of transactions made during the last 36 months;
    - Management of the human resources of the bank;
    - Collection of debts.

    In accordance to the above mentioned I am convinced that Heart of Midlothian is question that should be managed by the bankruptcy administrator of the Bank. In regard to this, I am forwarding your message to the bankruptcy administrator Mr. Gintaras Adamonis (I put his email address in a copy) and hope that information you have to shared will serve the interests of all the creditors.

    Thank you once again.

    Pagarbiai/Sincerely,

    Associate Partner
    Tark Grunte Sutkiene

    My contact in Kaunas put me on to them

  29. #42298
    @hibs.net private member Mikey's Avatar
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    Mr Sergey

  30. #42299
    But I thought it was greenforgo for them

    I assume this is not good news for them

    TBH, I have not really spent too much time checking the ups and downs of this saga. I've had to zone out one Jambo pals as he has been repeatedly been telling me that Hertz will soon be out of admin soon (he first told me this in mid-Jan) and that Rudi was signing (first told this in mid-Jan).

  31. #42300
    Quote Originally Posted by #FromTheCapital View Post
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    @The_FOH: We know supporters are anxious for news today but we are awaiting formal information from Lithuania & will comment as soon as it is received
    #allisverycomplex
    #allisbarry

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