Share Transfers Agreed/Cooling off period

[EK_Hibs]

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That is my understanding.

Reliable source? Or Greggs rumour? :)

I thought that moron Levein was still dining out on his massive pay off from the SFA?

[Weststandwanab]

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Reliable source? Or Greggs rumour? :)

I thought that moron Levein was still dining out on his massive pay off from the SFA?

I would say reliable.

[EastCalderHibby]

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Surely there is no way they can be liquidated now?

The sales of the WW1 strip are hitting record numbers I hear

What a disgusting club that is to sell ww1 shirts to honor the fallen yet totally dishonor them by not paying the charity of the war fallen
Total ****

[sleeping giant]

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What a disgusting club that is to sell ww1 shirts to honor the fallen yet totally dishonor them by not paying the charity of the war fallen
Total ****

I shouldn't really revel in something of that nature but......

You are sooooo spot on

Midden of a club

[The Green Goblin]

I would have thought that the yams are the only team in the world who would hire 4-6-0 Levein. The Scotland failure and bizarre behaviour finished him.

I do wonder if there is more to come from this story, especially if the particulars of how Romanov actually "spent" all that money come to light some day. There's also the question of where Hearts willfind themselves a year from now. Will they make the same mistakes of the past as the huns have done? Will enough of their support stick with them next season to help guarantee promotion first time of asking? Whatever their current situation, there's no doubt they face a struggle in the next year or two...

[Famous Fiver]

I see that EEN are reporting that Hamill's contract expires in two weeks and he could be off if things are not sorted sharpish. Tip of the iceberg...................

[fat freddy]

I hear Derek Adams is interested in taking him...



















in a square go

[Weststandwanab]

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I would have thought that the yams are the only team in the world who would hire 4-6-0 Levein. The Scotland failure and bizarre behaviour finished him.

I do wonder if there is more to come from this story, especially if the particulars of how Romanov actually "spent" all that money come to light some day. There's also the question of where Hearts willfind themselves a year from now. Will they make the same mistakes of the past as the huns have done? Will enough of their support stick with them next season to help guarantee promotion first time of asking? Whatever their current situation, there's no doubt they face a struggle in the next year or two...

Keep the faith the big L has not gone yet.

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I see that EEN are reporting that Hamill's contract expires in two weeks and he could be off if things are not sorted sharpish. Tip of the iceberg...................

A bit harsh on Icebergs

[EK_Hibs]

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Keep the faith the big L has not gone yet.

I admire that fact you still retain some hope that the cheats will still get their well deserved liquidation. But it's just not going to happen unfortunately. How could it happen now anyway?

[southsider]

Please excuse me if this has been answered before..... but the spfl season finishes Sunday week right ? If The hear7s are not out of admin by then they start the forthcoming season with a deduction again of either -15 or -25 ?

[HappyAsHellas]

Only get a deduction if in administration at the start of next season.

[southsider]

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Only get a deduction if in administration at the start of next season.

Ok thanks but they worked a flanker so they went into admin this season and not last season wherby they would have got relegated THEN and not Dundee. Do you, or does anyone know the cut off dates ?

[VivaHiberña]

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Ok thanks but they worked a flanker so they went into admin this season and not last season wherby they would have got relegated THEN and not Dundee. Do you, or does anyone know the cut off dates ?

They must still be in admin at the time of their first league game next season for a points deduction.

[southsider]

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They must still be in admin at the time of their first league game next season for a points deduction.

cheers for info. ggtth

[Weststandwanab]

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I admire that fact you still retain some hope that the cheats will still get their well deserved liquidation. But it's just not going to happen unfortunately. How could it happen now anyway?

Firstly my hope is not that they are liquidated I hope they struggle for decades.
To answer your question why, the answer is time or lack of it.
Sunday has come and gone and there is no micro wave test done yet - Why is that ?
BJ said they would run out of cash yesterday and payday is now 15 days away.
Do you think they have e the funds to pay it ?
If not the big L will arrive.

Keep the faith

[Kato]

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Firstly my hope is not that they are liquidated I hope they struggle for decades.
To answer your question why, the answer is time or lack of it.
Sunday has come and gone and there is no micro wave test done yet - Why is that ?
BJ said they would run out of cash yesterday and payday is now 15 days away.
Do you think they have e the funds to pay it ?
If not the big L will arrive.

Keep the faith

I enjoy the fact that someone is beating a drum.

[Weststandwanab]

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I enjoy the fact that someone is beating a drum.

Thanks for that.

It is entirely possible that that they will exit with a cva but if the do it will be by the skin of their teeth.

[Kato]

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Thanks for that.

It is entirely possible that that they will exit with a cva but if the do it will be by the skin of their teeth.

#allverycomplex and slow

[Weststandwanab]

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#allverycomplex and slow

The more slowly and complex the better

[Matty_Jack04]

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Please excuse me if this has been answered before..... but the spfl season finishes Sunday week right ? If The hear7s are not out of admin by then they start the forthcoming season with a deduction again of either -15 or -25 ?

I thought they have to be out by the time next years fixtures are released to escape another points pen, could be wrong though

[CropleyWasGod]

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I thought they have to be out by the time next years fixtures are released to escape another points pen, could be wrong though

Definitely the start of next season. SPFL Rules E1-16.

http://spfl.co.uk/docs/067_324__ther...1396269263.pdf

[Eyrie]

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Firstly my hope is not that they are liquidated I hope they struggle for decades.
To answer your question why, the answer is time or lack of it.
Sunday has come and gone and there is no micro wave test done yet - Why is that ?
BJ said they would run out of cash yesterday and payday is now 15 days away.
Do you think they have e the funds to pay it ?
If not the big L will arrive.

Keep the faith

The SPFL will advance the Yams the money needed to finish the season, keeping them going until June's payday by which point they will be selling season tickets for the "champion"ship. So they have plenty of time to defrost the shares to allow Save Hearts In Trouble to start handing over cash.

[greenginger]

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The SPFL will advance the Yams the money needed to finish the season, keeping them going until June's payday by which point they will be selling season tickets for the "champion"ship. So they have plenty of time to defrost the shares to allow Save Hearts In Trouble to start handing over cash.

They only had £ 100,000 to come.

http://www.scotsman.com/sport/footba...oney-1-3369929

Keep them going another week if its not already been handed over.

[Weststandwanab]

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The SPFL will advance the Yams the money needed to finish the season, keeping them going until June's payday by which point they will be selling season tickets for the "champion"ship. So they have plenty of time to defrost the shares to allow Save Hearts In Trouble to start handing over cash.

That would be the case had they not already had the bulk of the funds they are due.

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They only had £ 100,000 to come.

http://www.scotsman.com/sport/footba...oney-1-3369929

Keep them going another week if its not already been handed over.

My guess I they will have had it already.

Payday a fortnight away and 4 sets of lawyers cannot agree who is going to pay the costs to go to court to test the Microwave...

[GreenLake]

Should Scotland be independent it would have a credit rating of A according to Moody's prediction, which is a notch or two lower than the current AA1 rating of the UK but many notches above the ZZZ-10 EXP50Trillion that Heart of Midlothian FC can borrow on the security of Staincastle. Unlike the Huns, who are able to pay for their season tickets in cash, Jambos will be made to buy their's with an assortment of used five and ten pound notes as a charitable donation to avoid taxes and money laundering surveillance. I predict that HMFC shares will be printed and issued to Hearts supporters sometime in the early 20's........................2120's.

http://www.bbc.com/news/uk-scotland-...itics-27247870

[Juice-Terry]

Sorry to bring this up again, but is there any reasonably solid evidence that the shares ARE subject to a microwave test?

[bingo70]

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Sorry to bring this up again, but is there any reasonably solid evidence that the shares ARE subject to a microwave test?

An article by bloomberg when this whole thing starte. And tge only precident we have with portsmouth

[Ronniekirk]

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Definitely the start of next season. SPFL Rules E1-16.

http://spfl.co.uk/docs/067_324__ther...1396269263.pdf

When does Championship start next season ..Let's just assume for discussions sake that these 4 sets of lawyers take another couple of weeks to agree whatever it is they need to agree .So it's mid or late May .Do they then have to go to Court as I keep taking from what Jackson says that once lawyers agree things start moving for them and Budge becomes more involved .So do they have to go to Court or not and if they haven't got provisional dates for court time how quickly could that happen ? I am assuming if they have been out there wheeling and Dealing to push this through that that would be part and parcel of that or he wouldn't of said 90% certain it would go through !unless that was just a ploy to keep fund raising and direct debits going knowing they needed that to get them to end of season .
Everyone says time is thier biggest enemy but did someone not say they could start the season still in administration and all they get is another 15 points deducted ..

It all went quiet the last time so assume we won't hear anything until lawyers have agreed or not that will be next announcement .The longer this takes Budge can't put plans in place so Locke and others don't know if being kept on next season .No way to plan there great Escape from the Championship in that first Season .

[Weststandwanab]

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Sorry to bring this up again, but is there any reasonably solid evidence that the shares ARE subject to a microwave test?

Yes please see answer above.

5 days after the cooling off period expired and silence.

If it was a done deal they would be singing from the rafters.

Two options in my opinion firstly cost of the micro wave test or two, and I am beginning to think this is the real issue, that some creditor (Lith Admins) has either objected or has threatened legal action unless the pencil is sharpened.

I may of course be wrong but the longer there is silence.

Keep the faith

[Juice-Terry]

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An article by bloomberg when this whole thing starte. And tge only precident we have with portsmouth

A while ago someone suggested there is a significant difference between the Portsmouth case and the Hertz one. It was suggested that Romanov's shares were frozen at the request of UKIO or UBIG and not by the court. The implication being that UKIO/UBIG can unfreeze the shares whenever they want to (or petition the court to do so anyway). I hope this is not so, obviously.