Share Transfers Agreed/Cooling off period

[jonty]

Jamie Borthwick @jamiekborthwick
I've not heard confirmation, but @The_FOH understand that the Ukio Bankas meeting has now started.

[CapitalGreen]

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UBIG'S assets were frozen.

http://www.bloomberg.com/news/2013-0...-s-assets.html

The assets of Ukio Banko Investicine Grupe, or UBIG, through which Romanov controls 79 percent of Hearts in Edinburgh, were blocked yesterday in the course of a lawsuit against the Russian-born investor and his sister, Olga Goncaruk, Kaunas District Court said today on its website.

You would thought desantos would have known this as he claims to know personally the Bloomberg journalist who wrote the article.

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My main sources are Bloomberg - Either their reporting over the last three years or their journalist in Lithuania who I know personally an in regular communication. Also was in direct touch with Ukio administrator when they went bust.

[Keith_M]

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.......

Wanted them bust at 9am and after 1 agreement in Lithuania your happy to see them survive. You've not been the only one. Did you not speak to your mate in the last 12 months or only since the first agreement.

I'm at the wind up, but a lot of people now accepting a lesser hearts rather than a dead Hearts....just to show face on here i think

Have to agree with this. I foresee a bit more of of these 'Road to Damascus' moments happening if some people don't get what they wanted/predicted.

[AinsterHibs]

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this!

hate everything about that ****my mob

Death is far too honourable for that lot.

[Moulin Yarns]

So far this looks like a repeat of Saturday (I HOPE)

Hearts are ahead, they might just go further ahead if UKIO creditors say yes, then the late, disputed penalty kicks in when the courts say NO

[CallumLaidlaw]

@jamiekborthwick: I've not heard confirmation, but @The_FoH understand that the Ukio Bankas meeting has now started.

[Steve20]

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Jamie Borthwick @jamiekborthwick
I've not heard confirmation, but @The_FOH understand that the Ukio Bankas meeting has now started.

That'll be a formality. It was too hopeful that they'd be liquidated. Hopefully we stay up and can watch them struggle for a few years in the division below.

[Phil D. Rolls]

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Have to agree with this. I foresee a bit more of of these 'Road to Damascus' moments happening if some people don't get what they wanted/predicted.

Might get a bit messy on here later, IMO.

[Mikey]

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UBIG'S assets were frozen.

http://www.bloomberg.com/news/2013-0...-s-assets.html

The assets of Ukio Banko Investicine Grupe, or UBIG, through which Romanov controls 79 percent of Hearts in Edinburgh, were blocked yesterday in the course of a lawsuit against the Russian-born investor and his sister, Olga Goncaruk, Kaunas District Court said today on its website.

It's only the chronic pessimists who are saying that the shares aren't frozen and the only evidence they have of this is that it hasn't been mentioned recently.

If they aren't frozen then it's the only thing in Vlad's empire that isn't. They may also want to bear in mind that Portsmouth's shares remain frozen to this day.

[greenpaper55]

Half the fun has been knowing the yams are looking on here for a bit of truth and if it's caused any accidents in their underware then all the better !, It might be still happening.

[easty]

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It's only the chronic pessimists who are saying that the shares aren't frozen and the only evidence they have of this is that it hasn't been mentioned recently.

If they aren't frozen then it's the only thing in Vlad's empire that isn't. They may also want to bear in mind that Portsmouth's shares remain frozen to this day.

People keep comparing this to the Portsmouth situation, but they're two different events. Just because something happened with the Portsmouth situation doesn't mean that it will, or that it won't, happen with Hearts situation.

[blackpoolhibs]

How many meetings have there been before today, and how many have been adjourned for more information? I think we will see more of the same, and this will go on for a lot longer.

I'm not worried.

[Hermit Crab]

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How many meetings have there been before today, and how many have been adjourned for more information? I think we will see more of the same, and this will go on for a lot longer.

I'm not worried.

This might be the one they win in stoppage time.

[jacomo]

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Might get a bit messy on here later, IMO.

People really shouldn't take it too personally. What will be will be.

As has been said over and over on here, Hearts are either about to fall off a cliff or tumble down a long and bumpy hill. Either way things aren't looking up for them.

The failures of our own team this season has seen too much displaced expectation on the outcome of this story IMO. We just need to make sure we stay up.

[monktonharp]

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51 percent.

yup, going right to the line, a bit like the independence vote

[alley balley0-7]

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People really shouldn't take it too personally. What will be will be.

As has been said over and over on here, Hearts are either about to fall off a cliff or tumble down a long and bumpy hill. Either way things aren't looking up for them.

The failures of our own team this season has seen too much displaced expectation on the outcome of this story IMO. We just need to make sure we stay up.

exactly jaco we just have to make sure we stay up

[greengnome]

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How many meetings have there been before today, and how many have been adjourned for more information? I think we will see more of the same, and this will go on for a lot longer.

I'm not worried.

A certain person with a rather large CONK will be.... He is patiently waiting in the wings to be signed up by the manky lot, and be paraded around Gorgay on his white charger.... He is their Messiah, and he will strike fear into the farmers and plumbers in the times ahead... !!

[Spike Mandela]

Jamie Borthwick and Brian McGlauchlin could be sitting in a cake shop in Penecuik making all this up of course.

[Waxy]

Even if they do get the ukio vote and end up getting it ratified before the start of the season, they still have huge problems at best.

[Phil D. Rolls]

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This might be the one they win in stoppage time.

Feels more like a penalty shoot out just now.

[easty]

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It's their biggest asset. They can't afford a new main stand, the other 3 stands are nearing the end of their life also.

They'll no be moving. They'll no be renovating any time soon either. It's been a ***** hole for years and they've done nowt about it. Now they're skint, they'll just continue on with the ***** hole they've got.

[Phil D. Rolls]

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People really shouldn't take it too personally. What will be will be.

As has been said over and over on here, Hearts are either about to fall off a cliff or tumble down a long and bumpy hill. Either way things aren't looking up for them.

The failures of our own team this season has seen too much displaced expectation on the outcome of this story IMO. We just need to make sure we stay up.

Spot on.

[CapitalGreen]

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People keep comparing this to the Portsmouth situation, but they're two different events. Just because something happened with the Portsmouth situation doesn't mean that it will, or that it won't, happen with Hearts situation.

It's called precedent. Nobody can predict exactly what is going to happen, this has been proven. Not BDO, not the Lithuanian Admins, not Journalists and not the industry professionals on here. People have been asked what they think will happen and have given informed opinions based on their experience and similar examples in the past, of which, the administration of Portsmouth is very similar.

[Waxy]

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They'll no be moving. They'll no be renovating any time soon either. It's been a ***** hole for years and they've done nowt about it. Now they're skint, they'll just continue on with the ***** hole they've got.

Safety certificates.

[easty]

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Safety certificates.

Have you heard anything that suggests they'll have a problem getting them?

[lapsedhibee]

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exactly jaco we just have to make sure we stay up

FFS

[George Clooney]

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Even if they do get the ukio vote and end up getting it ratified before the start of the season, they still have huge problems at best.

Huge problems?

They'll be debt free.
They have a regular subscription income.
They will sell more season tickets than us.
They have no senior pro wasters who will be content to sit out their contracts.
They will have a board of directors who will be accountable to the supporters.
They will not have a weirdo owner who has little or no interest in football.
They will start next season on a wave of optimism with a huge feelgood factor.

[hibeedonald]

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Your quote just happend to be the one i clicked on.

Wanted them bust at 9am and after 1 agreement in Lithuania your happy to see them survive. You've not been the only one. Did you not speak to your mate in the last 12 months or only since the first agreement.

I'm at the wind up, but a lot of people now accepting a lesser hearts rather than a dead Hearts....just to show face on here i think

If you look at the poll less than 50% of people want Hearts dead. Happy to see them go to the brink/lower divisions but not dead.

[Waxy]

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Have you heard anything that suggests they'll have a problem getting them?

Have you had a look at that dump lately? It's falling apart.

[Thecat23]

Still funny either way. As they will be down for years have a crumbling stadium to maintain and have ZERO money for players.

The fans over there who are getting all excited have no idea that this is only the beginning and wait until they are playing in front of crowds of 4k most weeks.

They really are a deluded bunch who think they will be competing in Europe within a couple of years.

It's like when a signer gets punted from the X factor and says the famous words... "This isn't the last of me" then next they are busking outside co op for a living.