Share Transfers Agreed/Cooling off period

[Saorsa]

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BBCBMcLauchlin ‏@BBCBMcLauchlin 5m BDO will now finalise the deal and prepare for the handover over of Hearts to Ann Budge#bbcsportscot

I thought the CVA was with FOH, no bugde.

[Saorsa]

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so either BBC are way off or our in the know guys knew nowt??

They've hardly been accurate so far

[Craig_in_Prague]

Ffs :-(

[EK_Hibs]

Salmond interference may have helped but he would only have got this involved if he knew good news was coming.

[boab1875]

Looks like the Yams have gotten away with it again. How many times are they going to do this? It's absolutely disgraceful.

As for the people who have been talking absolute p*sh about frozen shares etc and guaranteeing that they would be liquidated, just f*** off eh. I have sat back and watched this thread for months now and I have been hoping that ****my club would get buried but not for a second did I believe anyone could predict or knew what would happen. I don't think anyone believed that drivel in the first place and I question where this information came from given the events of today.

Just accept that they are the establishment club and this was always going to happen. Alex f***ing Salmond intervened, does that not tell you everything about the lengths they are willing to go to to cheat their way to survival. They are an absolute disgrace of a club and have will no doubt have no remorse for the stealing and cheating they have done. What happens to the money they owe to lesser creditors and small businesses now? were they part of the CVA? I don't think so. and they won't care, such is the yam mentality.

Cheated their way to winning 2 cups, cheated charities and small businesses out of borrowed money, cheated their way to survival. Does it come as a surprise? not to me it doesn't.

[hibs0666]

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Looks like the Yams have gotten away with it again. How many times are they going to do this? It's absolutely disgraceful.

As for the people who have been talking absolute p*sh about frozen shares etc and guaranteeing that they would be liquidated, just f*** off eh. I have sat back and watched this thread for months now and I have been hoping that ****my club would get buried but not for a second did I believe anyone could predict or knew what would happen. I don't think anyone believed that drivel in the first place and I question where this information came from given the events of today.

Just accept that they are the establishment club and this was always going to happen. Alex f***ing Salmond intervened, does that not tell you everything about the lengths they are willing to go to to cheat their way to survival. They are an absolute disgrace of a club and have will no doubt have no remorse for the stealing and cheating they have done. What happens to the money they owe to lesser creditors and small businesses now? were they part of the CVA? I don't think so. and they won't care, such is the yam mentality.

Cheated their way to winning 2 cups, cheated charities and small businesses out of borrowed money, cheated their way to survival. Does it come as a surprise? not to me it doesn't.

And breathe.

[greenpaper55]

They might have got away with it but the price is away games to the likes of Dumbarton !. Enjoy it as you might be there for a few seasons, lets whup them at ER soon.

[CyberSauzee]

http://www.bbc.co.uk/sport/0/football/27048050

[Thecat23]

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Looks like the Yams have gotten away with it again. How many times are they going to do this? It's absolutely disgraceful.

As for the people who have been talking absolute p*sh about frozen shares etc and guaranteeing that they would be liquidated, just f*** off eh. I have sat back and watched this thread for months now and I have been hoping that ****my club would get buried but not for a second did I believe anyone could predict or knew what would happen. I don't think anyone believed that drivel in the first place and I question where this information came from given the events of today.

Just accept that they are the establishment club and this was always going to happen. Alex f***ing Salmond intervened, does that not tell you everything about the lengths they are willing to go to to cheat their way to survival. They are an absolute disgrace of a club and have will no doubt have no remorse for the stealing and cheating they have done. What happens to the money they owe to lesser creditors and small businesses now? were they part of the CVA? I don't think so. and they won't care, such is the yam mentality.

Cheated their way to winning 2 cups, cheated charities and small businesses out of borrowed money, cheated their way to survival. Does it come as a surprise? not to me it doesn't.

Sniff, sniff..

[sh00byd00]

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They've hardly been accurate so far

I tend to take anything the "in the know" crowd spout with a pinch of salt. I can't believe there are people on here that take people on the internet at face value or lap up everything they get told, then act all disappointed when it's proven it's all been nonsense. Hey-ho, they've gotten away with it again, but it's not the worst thing in the world to have happened.

[Craig_in_Prague]

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They might have got away with it but the price is away games to the likes of Dumbarton !. Enjoy it as you might be there for a few seasons, lets whup them at ER soon.

Hibs will be joining them, unless they get a grip.

[Brunswickbill]

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http://www.bbc.co.uk/sport/0/football/27048050

No mention of security over PBS?

[Gus]

I think after 46,000 posts that although the people in the know thought they knew, it was just their opinions, educated guesses of the outcome - no offence too said people

Hopefully now we can stop concerning ourselves what is going to happen to them or not going to happen as it happens and get behind Hibs, we have some p1sh on the park but let's let these "players" know that it is an spl club with spl support

[ionahibby]

A bit of political pressure does wonders! I wonder if he would have the done the same for anyone else i doubt it! Salmond can go **** himself if he wants my vote!

[bingo70]

Theyve not 'got away with it' in my book.

If the only punishment you were happy with was liquidation then you were being greedy imo.

They still have debt to pay back to budge.

Theyve still got a crumbling stadium so will need to get a mortgage to replace the main stand.

They have been relegated

The rangers in championship next season so wont get automatic promotion.

They have already got a threadbare squad with players likely to leave.

Theyll have to build new squad on reduced income.

Theyll have to start living within their means for the first time in 30 years.

Liquidation would have been nice and the cherry on top but imo this is in no way the end of their troubles.

[matty_f]

Fair play to BDO and FOH, they were the equivalent of being 3-0 down with two minutes to go and have pulled a result out the bag.

The next 5 years will be interesting though...

[Leithenhibby]

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Looks like the Yams have gotten away with it again. How many times are they going to do this? It's absolutely disgraceful.

As for the people who have been talking absolute p*sh about frozen shares etc and guaranteeing that they would be liquidated, just f*** off eh. I have sat back and watched this thread for months now and I have been hoping that ****my club would get buried but not for a second did I believe anyone could predict or knew what would happen. I don't think anyone believed that drivel in the first place and I question where this information came from given the events of today.

Just accept that they are the establishment club and this was always going to happen. Alex f***ing Salmond intervened, does that not tell you everything about the lengths they are willing to go to to cheat their way to survival. They are an absolute disgrace of a club and have will no doubt have no remorse for the stealing and cheating they have done. What happens to the money they owe to lesser creditors and small businesses now? were they part of the CVA? I don't think so. and they won't care, such is the yam mentality.

Cheated their way to winning 2 cups, cheated charities and small businesses out of borrowed money, cheated their way to survival. Does it come as a surprise? not to me it doesn't.

Yeah, yeah... That's them out the woods by all accounts.

[stevejordan]

No official announcement and BBC Have been known to get it wrong before.

[matty_f]

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Theyve not 'got away with it' in my book.

If the only punishment you were happy with was liquidation then you were being greedy imo.

They still have debt to pay back to budge.

Theyve still got a crumbling stadium so will need to get a mortgage to replace the main stand.

They have been relegated

The rangers in championship next season so wont get automatic promotion.

They have already got a threadbare squad with players likely to leave.

Theyll have to build new squad on reduced income.

Theyll have to start living within their means for the first time in 30 years.

Liquidation would have been nice and the cherry on top but imo this is in no way the end of their troubles.

[Ryan91]

Pretty sure there has been 'good news' for Hearts before only for it to turn out to be a load of smoke and mirrors with nothing having actually happened.

There is still the small matter of a bunch of shares that are currently frozen as well as the security over the PBS that needs to be dealt with.

It's not over yet, not by a long shot, this road still has numerous twists and turns left in it.

[GREEN WARLORD]

So if they have only agreed to transfer the shares, will the freezer test be the next step?

[Hermit Crab]

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@BBCBMcLauchlin: A meeting of the creditors committee of Ukio Bankas has now approved the sale of the shares held in Hearts.#bbcsportscot

Meh

[Frazerbob]

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A bit of political pressure does wonders! I wonder if he would have the done the same for anyone else i doubt it! Salmond can go **** himself if he wants my vote!

Thankfully there's no election in which you can vote for Salmond or his party for at least another year.

[Craig_in_Prague]

"UKIO Bankas creditors met this morning & approved deal. Sale & Purchase agreement needs completed but we can say deal done" @IanMurrayMP

I hate them even more.
****bags.

[Leithenhibby]

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"UKIO Bankas creditors met this morning & approved deal. Sale & Purchase agreement needs completed but we can say deal done" @IanMurrayMP

I hate them even more.
****bags.

They ain't over the line just yet...........

"I've bought a house, but I'm waiting on the keys"....

[Ryan91]

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@BBCBMcLauchlin: A meeting of the creditors committee of Ukio Bankas has now approved the sale of the shares held in Hearts.#bbcsportscot

Just the small matter of the shares being transferred. Oh and let's not forget the UBIG shares that they still need to get a hold of, that are frozen.

Nowhere close to being over

[Saorsa]

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Just the small matter of the shares being unfrozen by the Lith courts now. Oh and let's not forget the UBIG shares that they still need to get a hold of, that are also frozen.

Nowhere close to being over

The UKIO shares were never frozen, only the UBIG ones. UBIG creditors agreed tae transfer their shares but they still remain frozen by the courts and that sill has tae be resolved.

[marinello59]

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Theyve not 'got away with it' in my book.

If the only punishment you were happy with was liquidation then you were being greedy imo.

They still have debt to pay back to budge.

Theyve still got a crumbling stadium so will need to get a mortgage to replace the main stand.

They have been relegated

The rangers in championship next season so wont get automatic promotion.

They have already got a threadbare squad with players likely to leave.

Theyll have to build new squad on reduced income.

Theyll have to start living within their means for the first time in 30 years.

Liquidation would have been nice and the cherry on top but imo this is in no way the end of their troubles.

Spot on. If this report is accurate then it's pretty much what I expected to happen.

[Craig_in_Prague]

Gets to the point you think, what's the point in sporting integrity?

The games a bogey.

Done with scottish football.

[Ryan91]

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Thankfully there's no election in which you can vote for Salmond or his party for at least another year.

European elections are coming up are they not?

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"UKIO Bankas creditors met this morning & approved deal. Sale & Purchase agreement needs completed but we can say deal done" @IanMurrayMP

I hate them even more.
****bags.

Looks like the MP seems to be implying that they're out of the woods now. Even he can't get his facts straight.