Share Transfers Agreed/Cooling off period

[Kato]

This quote is hidden because you are ignoring this member. Show Quote

The Yams. I don't think there's anything left to see here.

Great, given that most of the speculation on here turns out to be waffle this is a turn for the better.

[Chibs]

This quote is hidden because you are ignoring this member. Show Quote

The Yams. I don't think there's anything left to see here.

Sorry to disagree,but was everything not meant to be finalised on Monday or Tuesday or at least by
Friday?

So far as I can see nothing has happened to save that ****ty little club other than BJ sending E-mails to Lithland begging lawyers to get a move on.
In the next few weeks we'll get the resolution to this but there is a lot more to see and enjoy in my opinion.

[EK_Hibs]

This quote is hidden because you are ignoring this member. Show Quote

there is a lot more to see and enjoy in my opinion.

I'm sorry to say I disagree, it's all over. They've flukely managed to squirm their way out of this huge mess with a smug smile on their ugly collective faces.

[Phil D. Rolls]

This quote is hidden because you are ignoring this member. Show Quote

Sorry to disagree,but was everything not meant to be finalised on Monday or Tuesday or at least by
Friday?

So far as I can see nothing has happened to save that ****ty little club other than BJ sending E-mails to Lithland begging lawyers to get a move on.
In the next few weeks we'll get the resolution to this but there is a lot more to see and enjoy in my opinion.

I think it's over, but they will stumble over the finish line, and be applauded for their stoic fight. The sympathy they garner will be sufficient to justify Edinburgh Council building them a stadium (next to the tram line).

After all they've been through a lot, and were dignified throughout it, a credit to the capital. (A city that is home to RBS one of the biggest corporate crooks of all time). This place stinks when you think about it.

[southsider]

This quote is hidden because you are ignoring this member. Show Quote

I think it's over, but they will stumble over the finish line, and be applauded for their stoic fight. The sympathy they garner will be sufficient to justify Edinburgh Council building them a stadium (next to the tram line).

After all they've been through a lot, and were dignified throughout it, a credit to the capital. (A city that is home to RBS one of the biggest corporate crooks of all time). This place stinks when you think about it.

Agreed, you have EDC helping them when they paid no council tax and a first minister also helping when they paid no income tax. WE all pay more as they paid zilch. If EDC are gona revamp the PBS or attemt to build them a new stadium then a council tax strike looms.

[Kato]

I think the Council will stoically purchase that building Vlad used to own at the East End for them as well, just to bravely sweeten any deal. The MSM and most of the Scottish will sturdily ignore/shrug their shoulders as the deal goes through for circa 10Mil in a dignified manner.

Then all that will be left is for the money laundering charges against Leslie Deans to be stoically dropped and and that's all the i's dotted and t's crossed.

[Phil D. Rolls]

This quote is hidden because you are ignoring this member. Show Quote

Agreed, you have EDC helping them when they paid no council tax and a first minister also helping when they paid no income tax. WE all pay more as they paid zilch. If EDC are gona revamp the PBS or attemt to build them a new stadium then a council tax strike looms.

This quote is hidden because you are ignoring this member. Show Quote

I think the Council will stoically purchase that building Vlad used to own at the East End for them as well, just to bravely sweeten any deal. The MSM and most of the Scottish will sturdily ignore/shrug their shoulders as the deal goes through in a dignified manner.

As I said before, it's all in keeping with this city"s proud traditions of financial impropriety. Tears of pride welling up from the Cayman Islands to Wormwood Scrubs.

[WindyMiller]

Lot wrist-slitters around this morning!

[greenpaper55]

It was a close run thing and even jackson was worried right up to the end.

[emerald green]

This quote is hidden because you are ignoring this member. Show Quote

I think it's over, but they will stumble over the finish line, and be applauded for their stoic fight. The sympathy they garner will be sufficient to justify Edinburgh Council building them a stadium (next to the tram line).

After all they've been through a lot, and were dignified throughout it, a credit to the capital. (A city that is home to RBS one of the biggest corporate crooks of all time). This place stinks when you think about it.

This sums things up pretty well. Some things never change.

[MrSmith]

This quote is hidden because you are ignoring this member. Show Quote

The Yams. I don't think there's anything left to see here.

They'll be whatever they are going to be and, me personally, I think there is loads left in this debacle to see us through to the new season. When it's signed, sealed and delivered, or all said and done then, there will be no more to see here ...

[Eyrie]

This quote is hidden because you are ignoring this member. Show Quote

General question.

Why is it not as important to get sisters shares?

With 79% Budge (or Save Hearts In Trouble, if they ever scrape together enough DDs to buy her out) control the club and the 15% held by Quantum Holdings can't do anything about it. The Yams can effectively ignore them if they want, as long as QH is notified of meetings and not treated any differently to the other shareholders. So QH would be able to partake in any rights issue or receive a dividend (not that there ever will be dividends).

[GreenLake]

This quote is hidden because you are ignoring this member. Show Quote

With 79% Budge (or Save Hearts In Trouble, if they ever scrape together enough DDs to buy her out) control the club and the 15% held by Quantum Holdings can't do anything about it. The Yams can effectively ignore them if they want, as long as QH is notified of meetings and not treated any differently to the other shareholders. So QH would be able to partake in any rights issue or receive a dividend (not that there ever will be dividends).

Quantum Holdings will be like a bleeding pile on that arse of a club. It won't make any decisions but it's still going to be very irritating.

[Keith_M]

This quote is hidden because you are ignoring this member. Show Quote

Quantum Holdings will be like a bleeding pile on that arse of a club. It won't make any decisions but it's still going to be very irritating.

Ouch!



There's also the fact that, if they manage to get what they want and eventually have a well run club, Vlad will still be there lurking in the shadows.

[Chibs]

This quote is hidden because you are ignoring this member. Show Quote

Quantum Holdings will be like a bleeding pile on that arse of a club. It won't make any decisions but it's still going to be very irritating.

Unless it's a corpse.

[EK_Hibs]

This quote is hidden because you are ignoring this member. Show Quote

Vlad will still be there lurking in the shadows.

But with no absolutely no control or influence whatsoever.

[GRANTON_HIBS]

Is it the case that if and when the FOH lot buy the Budge shareholding they will be the majority shareholders, Hearts FC will not technically be fan owned.

[H18sry]

It all seems to have gone very quiet on this front.

[Weststandwanab]

This quote is hidden because you are ignoring this member. Show Quote

It all seems to have gone very quiet on this front.

Keep the faith the big L has not gone away yet.

[Caversham Green]

On the Quantum Holdings thing, whoever buys the UBIG/Ukio shares will have to offer the same terms to other shareholders. That means that if they pay £70k for UBIG's 50% shareholding they'll have to offer £21k for Quantum's shares.

[Keith_M]

This quote is hidden because you are ignoring this member. Show Quote

On the Quantum Holdings thing, whoever buys the UBIG/Ukio shares will have to offer the same terms to other shareholders. That means that if they pay £70k for UBIG's 50% shareholding they'll have to offer £21k for Quantum's shares.

If I were offered that amount, I would actually just hang on to the shares. It would be worth it for the gamble that they would potentially be worth a lot more in a few years time.

[portycabbage]

This quote is hidden because you are ignoring this member. Show Quote

Is it the case that if and when the FOH lot buy the Budge shareholding they will be the majority shareholders, Hearts FC will not technically be fan owned.

I think the point is that FOH is made up of fans who pay the DDs, so it would be fan(ny) owned. Whether they do actually pay sufficient money to run the club (or pay budge back) is a different question. I think what you might be meaning is whether FOH own it before they pay budge back over the next few years, and then you'd be right to say they don't.

[stoneyburn hibs]

This quote is hidden because you are ignoring this member. Show Quote

Keep the faith the big L has not gone away yet.

You keep saying that, and I like it.

[Hibernia&Alba]

This quote is hidden because you are ignoring this member. Show Quote

Is it the case that if and when the FOH lot buy the Budge shareholding they will be the majority shareholders, Hearts FC will not technically be fan owned.

Which is a shame, as putting the mutants in charge of a football club would guarantee disaster. Most of them still write with crayons.

[Springbank]

I am less hopeful of Big L but more hopeful we will see hearts stumble into next season in admin -15 again.

It's easy to loosen up when there's no pressure.
They'll be back to dross when the pressure returns :)

[Gus Fring]

This quote is hidden because you are ignoring this member. Show Quote

Keep the faith the big L has not gone away yet.

Technically it will never go away.

[Weststandwanab]

This quote is hidden because you are ignoring this member. Show Quote

On the Quantum Holdings thing, whoever buys the UBIG/Ukio shares will have to offer the same terms to other shareholders. That means that if they pay £70k for UBIG's 50% shareholding they'll have to offer £21k for Quantum's shares.

Indeed they do but QH does not have to accept it - I would not.

This quote is hidden because you are ignoring this member. Show Quote

If I were offered that amount, I would actually just hang on to the shares. It would be worth it for the gamble that they would potentially be worth a lot more in a few years time.

I agree - assuming they exit the C.V.A.

This quote is hidden because you are ignoring this member. Show Quote

You keep saying that, and I like it.

It is because I believe it at present.

This quote is hidden because you are ignoring this member. Show Quote

Technically it will never go away.

Indeed unless, for some reason, they become so rich Liquidation wold never be an issue.

[greenginger]

This quote is hidden because you are ignoring this member. Show Quote

On the Quantum Holdings thing, whoever buys the UBIG/Ukio shares will have to offer the same terms to other shareholders. That means that if they pay £70k for UBIG's 50% shareholding they'll have to offer £21k for Quantum's shares.

Is it not the case that the CVA is £ 2.5 million for the Ukio Bankas security and their 29% share holding and Ukio Bankas are going to compensate UBIG to transfer their shares holding.

[Keith_M]

This quote is hidden because you are ignoring this member. Show Quote

Is it not the case that the CVA is £ 2.5 million for the Ukio Bankas security and their 29% share holding and Ukio Bankas are going to compensate UBIG to transfer their shares holding.

It wasn't reported that way. The last thing I read was that FoH were directly paying the UBIG Admins 70k for the shares.

[Www1875hfc]

Last home game of the season on Wednesday.
Cant see many walk ups,but partick should take a decent following.

After that,where's the cash going to come from.