Share Transfers Agreed/Cooling off period

[Waxy]

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I don't want them liquidated yet as it would mean they won the last ever Derby! It would be better to do it after the next one

But we'd get a 3-0, so technically......

[GordonHFC]

Why don't they just die gracefully. If it were up to me the life support machine would be switched off, the plug pulled out and the fuse removed just to be certain.

[blackpoolhibs]

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Why don't they just die gracefully. If it were up to me the life support machine would be switched off, the plug pulled out and the fuse removed just to be certain.

And just to be certain, i'd get a sharp knife and cut the plug off and then stab the *******s to death too.

[Waxy]

And if when they come back as zombiehurtz, oh the fun we'll have letting them know that they've never won the Scottish cup.

[Jim44]

p

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I don't want them liquidated yet as it would mean they won the last ever Derby! It would be better to do it after the next one

Put a sock in it. What's football got to do with our enjoyment?

[Aldo]

How can anyone involved with the mob say that someone else is being discourteous or dishonest. Local businesses and charities and well as public monies (not paid for council tax, taxes etc). Aye a big laddie did it and ran away.... Really. Struggle to end of season and then pop. Get it roond ye

[Jim44]

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I can't see the Lithuanian people being too happy if they have seen that comment.

I hope you're not suggesting that Sergay sends a link to his source in Lithuania.

[steviehibsleith]

Page 49 of daily record "That's a sign of the discourtesy and dishonesty they have been dealing with all the way through but even by Lithuanian standards this was extreme"
Hopefully before any more meetings between BDO and our Lithuanian friends someone informs them exactly what our inbred neighbors really think of them.

[matty_f]

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I hope you're not suggesting that Sergay sends a link to his source in Lithuania.

We should all be doing that!

[Ryan91]

Walking back to the car after the derby I had to walk along Dalry past a ton of very smug puddle drinkers who gave the usual mutant rhetoric, which was responded to with assertions that I will have a club to support next season whilst they will not.

Looks like my assertions were indeed well founded.

[Kato]

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Walking back to the car after the derby I had to walk along Dalry past a ton of very smug puddle drinkers who gave the usual mutant rhetoric, which was responded to with assertions that I will have a club to support next season whilst they will not.

Looks like my assertions were indeed well founded.

That is the bottom line in all this. Since Vlad arrived amid (correct) comments that he would run them into the ground the line Hearts fans have taken is that it's "hobo jealousy". Any dissent within their own rank, ranks has been quickly supressed. Now that the reality is about to hit they've started lashing out at the people they owe money to.

Zero common sense, zero humility and zero brains.

I personnaly think the pie-man and mercer share the blame for giving their fans a warped attitude as to their true status. They aren't a big club in any way and soon, they won't be a club at all.

[Glesgahibby]

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Eck has friends " in high places " remember !!!

Billy Brown

[AinsterHibs]

"BDO Preparing For Liquidation"
Love the title, only hope that this actually happens.

:tbgwa:GGTTH, eventually.:tbgwa:

[greenpaper55]

A wee reminder of the yams ability with numbers and i quote

Francis Albert, on 01 April 2014 - 12:58 AM, said:
FOH have been clear for some time they have over a million a year coming in , Ann Budge or no Ann Budge #2.5m doesn'tb look wildly gnerus but i think it will be enough,



There is 1 million banked already so we can give them 3.5 million if they ask for it.

[greenginger]

All this talk of liquidation for the Yams on April 1st.


I wonder if any of the knuckle-draggers over on kickback are thinking that come mid-day someone will post April-Fool and it will be business as usual and the rubber stamp is just a box tick away.

[Glesgahibby]

I will say again,especially to our guests looking in.
This thread has been,
"THE ONLY TRUTHFUL DOCUMENTATION OF HEARTS DOWNFALL"

[Speedway]

Sorry, I don't see the joy.

The asbestos and asbo filled club who started on minus fifteen, play kids, can't sign anyone and have 'strugglin'' on their management team go bust meaning we're short of even more cash and we STILL ****ing can't beat them.

Pull the plug on Hibs instead, move to straiton, call the new club Edinburgh United have them play in maroon and realise some fat tory's vision from years ago.

(Can you tell I'm not over Sunday yet?)

[Glesgahibby]

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Sorry, I don't see the joy.

The asbestos and asbo filled club who started on minus fifteen, play kids, can't sign anyone and have 'strugglin'' on their management team go bust meaning we're short of even more cash and we STILL ****ing can't beat them.

Pull the plug on Hibs instead, move to straiton, call the new club Edinburgh United have them play in maroon and realise some fat tory's vision from years ago.

(Can you tell I'm not over Sunday yet?)

To use a Garry Locke phrase "this isn't a n excuse but"
"our hands are tied behind our back"when the officials quite blatantly where never going to allow us our day.

[Keith_M]

Hearts administrator Bryan Jackson draws up emergency scheme to keep Jambos playing for rest of season as liquidation looms

Daily Record

[Saorsa]

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Hearts administrator Bryan Jackson draws up emergency scheme to keep Jambos playing for rest of season as liquidation looms

Daily Record

copy and paste?

[Killiehibbie]

ANXIOUS administrator Bryan Jackson is drawing up emergency plans to keep Hearts playing for the rest of this season even if he is forced to call in the liquidators this month.
Record Sport understands BDO chief Jackson is now reluctantly preparing for a “worst-case scenario” after being left dismayed and perplexed by the latest move from Lithuania to stall on a deal to rescue the club through a CVA.
Hearts had expected to take a huge stride towards safety on Friday when creditors Ukio Bankas and UBIG were scheduled to rubber stamp the transfer of 80 per cent of the club’s shares to Edinburgh millionaire Ann Budge.
Not only did that plan fall through – with the meeting put back to April 7 – but Jackson was then blanked by the Lithuanians for 48 hours despite attempts to seek an explanation for this latest dramatic twist.
Now fears are escalating that the entire deal to haul Hearts back from the brink is about to collapse, leaving Jackson with no option but to wind the club up when it runs out of cash in little more than four weeks.
SPFL bosses accept Hearts may not be able to fulfil the rest of their fixtures.
One senior Hampden source last night said: “If Hearts are wound up and unable to continue playing this season then options would be open to the board although obviously no one wants it to come to that.”
However, Record Sport understands even in the event of liquidation, Jackson aims to come up with a contingency plan to limp Hearts over the finishing line on May 10.
A close source said: “The situation has worsened because of Friday. Nothing came back from Lithuania until Sunday night.
“That’s a sign of the discourtesy and dishonesty they have been dealing with all the way through but even by Lithuanian standards this was extreme.
“The hope is that the transfer of shares will be rubber stamped on April 7. But that’s all it is – hope – because there seems to be an element of malice creeping into this.
“People are having to face up to the awful prospect of liquidation.
“There is a determination to fulfil all fixtures in the event of the worst-case scenario because it would be the right thing to do.”
Michael Stewart: Tough decision must be made on Gary Locke's future

Should Hearts be unable to complete their fixtures the SPFL board will face difficult decisions.
Under rule C53 all of Hearts’ results this season could be expunged – which would be good news for rivals Hibs.
Alternatively, the board could decide the results of any outstanding games. Typically this would see all remaining opponents awarded 3-0 wins.
But Jackson continues to lead the fight for survival.
Jeff Holmes/SNS Group
Administrator Bryan JacksonHe has engaged with the Lithuanian and UK ambassadors in a bid to plead Hearts’ case ahead of the April 7 D-Day. He is also preparing to fly to Eastern Europe to help push the rescue package through.
A senior source inside Tynecastle told us: “It is now 50-50 as to whether this deal happens or not – whites of the eyes time.
“The ball is in the court of the Lithuanians. With every delay comes increased uncertainty.
“In terms of liquidity the club can continue until the end of April. But after that, with the season not finished, there is a question mark about what happens next.
“BDO have been pushing for these shares for 10 months now so this is going right down to the wire.”
Foundation of Hearts chairman Ian Murray said: “We are all worried. We want to get this over the line. It has been going on too long now.”


Must be an April fool, this can't possibly happen

[Sir David Gray]

Every cloud does have a silver lining after all.

[Saorsa]

discourtesy and dishonesty





here, away 'n' polish yer neck

[Tricla]

If their results get expunged do we claim a 100% record against them this season?

[NadeAteMyLunch!]

I'm sure calling them discourteous and dishonest will spark them into life and speed up the rubbing stamping process right enough

[PatHead]

Taking the emotions out of it and treating Hearts as an ordinary business, rather than a football club with a season to finish, I can't understand why BDO would make sure Hearts complete the season. Would BDO keep a toy shop trading because Christmas was 8 weeks away knowing it wouldn't make it to New Year? Doubt it.

If nothing happens on Monday why don't BDO pull the plug then? Surely it cannot be in the creditors interests to keep going and could BDO be in danger of being sued for trading whilst insolvent by the Liths?

In addition the timing would be perfect for SPFL as the split would be completed. No games would have been played post split meaning no-one would have to get their result cancelled and it wouldn't mess up the fixtures. The main losers would be Hibs as we would lose the gate from the final fixture.

Roll on Monday.

[Keith_M]

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Sorry, I don't see the joy.

The asbestos and asbo filled club who started on minus fifteen, play kids, can't sign anyone and have 'strugglin'' on their management team go bust meaning we're short of even more cash and we STILL ****ing can't beat them.

Pull the plug on Hibs instead, move to straiton, call the new club Edinburgh United have them play in maroon and realise some fat tory's vision from years ago.

(Can you tell I'm not over Sunday yet?)

LTYF

[Waxy]

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To use a Garry Locke phrase "this isn't a n excuse but"
"our hands are tied behind our back"when the officials quite blatantly where never going to allow us our day.

Correct. Anytime there has been a big derby, they've been given outrageous decisions in thier favour.Anyone hear about when we could gave relegated them in 1977 only for them to equalise with a goal from a player metres offside? The cup final penalty that was nearer the stand than the penalty box.It never has been a level playing field in the Edinburgh derby. Clearly they have supporters inside.

[Keith_M]

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If their results get expunged do we claim a 100% record against them this season?

Yep, as does everybody else.

Altogether now...




"Three Nil,
Three Nil,
Three Nil,
Three Nil....."

[CropleyWasGod]

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Taking the emotions out of it and treating Hearts as an ordinary business, rather than a football club with a season to finish, I can't understand why BDO would make sure Hearts complete the season. Would BDO keep a toy shop trading because Christmas was 8 weeks away? Doubt it.

If nothing happens on Monday why don't BDO pull the plug then? Surely it cannot be in the creditors interests to keep going and could BDO be in danger of being sued for trading whilst insolvent by the Liths?

In addition the timing would be perfect for SPFL as the split would be completed. No games would have been played post split meaning no-one would have to get their result cancelled and it wouldn't mess up the fixtures. The main losers would be Hibs as we would lose the gate from the final fixture.

Roll on Monday.

Probably because they have been given an advance on their SPFL money. In the event that they stopped trading, that would be repayable.

Enabling them to trade until the end of the season would avoid that, it would also give them some additional income, as well as entitling them to a further SPFL payout. That would make sure all post-admin bills were paid.