Share Transfers Agreed/Cooling off period

**brog** · 07-04-2014 09:39 AM

Originally Posted by H18sry

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BBCBMcLauchlin ‏@BBCBMcLauchlin 26s
Majority of UBIG creditors vote in favour of accepting deal for shares in Hearts.#bbcsportscot

This is meaningless. Theyre getting £50 or £100k for shares which on paper are worthless ( patent CWG

). Its UKIO which matters.

***MacBean*** · 07-04-2014 09:39 AM

Originally Posted by Hermit Crab

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Is that it over then?

No, Ukio are the ones who have to accept the £2.5m

**stevejordan** · 07-04-2014 09:40 AM

Originally Posted by H18sry

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BBCBMcLauchlin ‏@BBCBMcLauchlin 26s
Majority of UBIG creditors vote in favour of accepting deal for shares in Hearts.#bbcsportscot

what does this mean i thought it was the other lot ukio bank that were they main player and they have not accepted anything yet

**~~Hermit Crab~~** · 07-04-2014 09:40 AM

Originally Posted by MacBean

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No, Ukio are the ones who have to accept the £2.5m

Ok cheers. They will though. Deep down you just know. Queue a flurry of strongly worded emails to the union admins.

**H18sry** · 07-04-2014 09:40 AM

Originally Posted by Golden Fleece

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Shares The Frozen Are

No poop sherlock

But people still want to know what is happening at todays meeting

**Glesgahibby** · 07-04-2014 09:42 AM

Originally Posted by H18sry

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Foundation of Hearts ‏@The_FOH 5m
@BBCBMcLauchlin is in Lithuania so breaking news that UBIG have agreed share transfer deal. We are half way there...

FOH getting there info from a BBC twitter feed and not Brian Jackson

***Ozyhibby*** · 07-04-2014 09:44 AM

Ukio will ok the deal.
It's down to the freezer test now.

**H18sry** · 07-04-2014 09:44 AM

‏@JamboSteven 5m
@jamiekborthwick when do we expect to here from UKIO?
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‏@ConnorRoss17 5m
@jamiekborthwick when will that decision be made?
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@IainVeitch1 4m
@jamiekborthwick do we find that out today?
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Jamie Borthwick ‏@jamiekborthwick 3m
@IainVeitch1 Yes.
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Jamie Borthwick ‏@jamiekborthwick 3m
@ConnorRoss17 Later today.

Really?

***jonty*** · 07-04-2014 09:45 AM

As a wise man once said

:
Step 1: Ubig have to approve
Step 2: Ukio have to approve
Step 3: Lithuanian courts have to unfreeze the shares that are part of an ongoing fraud investigation.

Steps 1 and 2 were always seen as going to happen.

Meantime, hearts have been relegated, playing youngsters that they can barely afford to pay, have a shambles of stand in need of maintenance and no-one willing to throw money at them any more. In short, they're a young squad about to be battered in the championship (if they're lucky). And still in administration.

**jakeshibs** · 07-04-2014 09:46 AM

I want them dead! I bet the Yams get away with this, what time will we know?

**Joe6-2** · 07-04-2014 09:49 AM

Originally Posted by jakeshibs

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I want them dead! I bet the Yams get away with this, what time will we know?

With you on this, only liquidation will please me!

***jonty*** · 07-04-2014 09:50 AM

Originally Posted by jakeshibs

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I want them dead! I bet the Yams get away with this, what time will we know?

They haven't got away with anything.
they're relegated, skint, in administration and no line of credit. In short, Donald ducked.
The icing on the cake would be Tynie taken away and liquidation forced, but they'll still be around.

**Dashing Bob S** · 07-04-2014 09:51 AM

Originally Posted by jakeshibs

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I want them dead! I bet the Yams get away with this, what time will we know?

Even if the big L happens they won't die, well technically they will for a few seconds, but they will resurrect as zombie Hearts. I think if them as a butterfly turning into a caterpillar.

**Weststandwanab** · 07-04-2014 09:52 AM

[QUOTE=brog;3960080]

Originally Posted by Weststandwanab

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I do not think it will actually happen until after the last league game has been played.

However, BDO may well throw in the towel before then and as quickly as later today.

If the news goes the way I expect today I will be having at least one irrespective of the time.

Me too, & maybe a drink as well!!

Oh you are awful...

Originally Posted by Bostonhibby

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Good enough for me thanks!

You are welcome

Originally Posted by H18sry

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BBCBMcLauchlin ‏@BBCBMcLauchlin 26s
Majority of UBIG creditors vote in favour of accepting deal for shares in Hearts.#bbcsportscot

Even if that is true two more hurdles to go.

Originally Posted by Hermit Crab

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Is that it over then?

No.

***Bishop Hibee*** · 07-04-2014 09:57 AM

Originally Posted by Dashing Bob S

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Even if the big L happens they won't die, well technically they will for a few seconds, but they will resurrect as zombie Hearts. I think if them as a butterfly turning into a caterpillar.

This except more along the toad and tadpole line.

**Glesgahibby** · 07-04-2014 09:59 AM

Interesting FOH tweeting "were half way there"what about the MOU?
Surely that would mean the other half is in the bag?

No matter what,the spin will continue and the yams will follow.

***itslegaltender*** · 07-04-2014 10:00 AM

Originally Posted by Glesgahibby

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Interesting FOH tweeting "were half way there"what about the MOU?
Surely that would mean the other half is in the bag?

No matter what,the spin will continue and the yams will follow.

Did UKIO not agree in principal to the deal with Budge before this meeting today?

***matty_f*** · 07-04-2014 10:01 AM

Originally Posted by Glesgahibby

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Interesting FOH tweeting "were half way there"what about the MOU?
Surely that would mean the other half is in the bag?

No matter what,the spin will continue and the yams will follow.

Ukio will go through without a hitch, imho.

**Dashing Bob S** · 07-04-2014 10:04 AM

Originally Posted by Bishop Hibee

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This except more along the toad and tadpole line.

Yes that's a far better analogy.

**Glesgahibby** · 07-04-2014 10:06 AM

Originally Posted by matty_f

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Ukio will go through without a hitch, imho.

Could be wrong but I have a wee sneaky feeling another delay is on the cards

**Pray4Marc** · 07-04-2014 10:09 AM

Originally Posted by Glesgahibby

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Could be wrong but I have a wee sneaky feeling another delay is on the cards

Someone get me a line to Lithuania

***Winston Ingram*** · 07-04-2014 10:09 AM

Originally Posted by itslegaltender

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Did UKIO not agree in principal to the deal with Budge before this meeting today?

Ukio is the main obstacle, but this is what Admonis said last Monday.

http://www.dailymail.co.uk/sport/foo...ls-Hearts.html

Reports persist that Sialiu Bankas, who took over Ukio’s operations, have concerns over the deal on the table for Hearts.
But Admonis added: ‘As far as I’m aware, there is no objection to the deal being expressed by the creditors of Ukio bank.’

Still think they'll slither out though

**Glesgahibby** · 07-04-2014 10:12 AM

Originally Posted by itslegaltender

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Did UKIO not agree in principal to the deal with Budge before this meeting today?

Aye but a plumber just chapped the door while they were on the phone to a shoe salesman

**~~BOB MARLEYS DUG~~** · 07-04-2014 10:13 AM

**** them. Hope the worst thing that could happen to them today actually does happen.

**Weststandwanab** · 07-04-2014 10:19 AM

Originally Posted by matty_f

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Ukio will go through without a hitch, imho.

I am not sure about that.

Originally Posted by Glesgahibby

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Could be wrong but I have a wee sneaky feeling another delay is on the cards

I think you may be correct.

***hibbymick*** · 07-04-2014 10:19 AM

Where's our experts today ?

**~~Hermit Crab~~** · 07-04-2014 10:21 AM

Originally Posted by hibbymick

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Where's our experts today ?

Sergey is sailing in the English Chanel and unfortunately can't get on the forum. No idea where bajillions is.

**emerald green** · 07-04-2014 10:22 AM

Sorry everyone, but I've always had this feeling deep down that they would get out of this one way or another. It just seems too good to be true that they will go into liquidation. If things go their way expect them to go ballistic. They will be unbearable. More so than ever. Hope I'm wrong.