2008 could be the year

[egb_hibs]

Closing shops

put up or shut up time on insane stadium plans

scotland's smallest bank due to open in one of UK's most expensive business rates zones just as UK banking sector tanks

st andrew square investment looking ropey as property growth stalls

most valuable players for a generation now all gone

form nose diving (even worse than ours )

no longer considerable by any but the dodgiest management candidates


call me an optimist, but I go for administration (at least) before season's end, and certainly within 2008

[brianmac]

I think we should merge with them.

STF gets to sell the bus shelter, the team get Kingston, Driver and possibly Berra, we still play at ER, still play in green and white and are still called Hibernian.

But it is a merger, not a takeover

[blue toon hibby]

Originally Posted by brianmac

I think we should merge with them.

STF gets to sell the bus shelter, the team get Kingston, Driver and possibly Berra, we still play at ER, still play in green and white and are still called Hibernian.

But it is a merger, not a takeover

Should we name the new East Stand the Wallace Mercer Stand then?

[AndyM]

Originally Posted by egb_hibs

Closing shops

put up or shut up time on insane stadium plans

scotland's smallest bank due to open in one of UK's most expensive business rates zones just as UK banking sector tanks

st andrew square investment looking ropey as property growth stalls

most valuable players for a generation now all gone

form nose diving (even worse than ours )

no longer considerable by any but the dodgiest management candidates


call me an optimist, but I go for administration (at least) before season's end, and certainly within 2008

Spot on.

I do believe 2008 will see Vlad's End game and possibly the end of our dopey neighbours (and possible future tenants) in their current incarnation.

They best make sure they finish at least 10 points ahead of Gretna or if they go into Administration then they'll get relegated under the league rules!!

[Keepitgreen]

Originally Posted by egb_hibs

Closing shops

put up or shut up time on insane stadium plans

scotland's smallest bank due to open in one of UK's most expensive business rates zones just as UK banking sector tanks

st andrew square investment looking ropey as property growth stalls

most valuable players for a generation now all gone

form nose diving (even worse than ours )

no longer considerable by any but the dodgiest management candidates


call me an optimist, but I go for administration (at least) before season's end, and certainly within 2008

For long enough now I've wished death upon the gunts. Laughed heartily at the thought that they might be heading for the shitter. Gloated like there's no tomorrow.

But throughout I have to be honest and say that at the back of my mind I didn't really accept that they'd go. It just seemed like a step too far in wishful thinking. I'd never have said it but that's what I've thought.

However, laying out the facts as above, it really does look like something major is going to come, soon... Mental. It's really happening.

I hate the Gunts with a passion, but taking it all away and just seeing them as Edinburgh residents who follow their team; man, they must be shitting it. It must be shit for them. I'm so glad it's not us. So glad.

I'm as close to feeling sorry for them as I ever have been...

But then I remember: The Scottish Cup gloating... THAT semi-final.. Big Team Wee Team... They welcomed the dodgy Russian...

[oo2beahibby]

Originally Posted by Keepitgreen

But then I remember: The Scottish Cup gloating... THAT semi-final.. Big Team Wee Team... They welcomed the dodgy Russian...

That's exactly why I'll laugh and laugh and laugh when (it's not even an if any more) it happens.

They made their bed, let them lie in it

[sKipper]

Originally Posted by Keepitgreen

.

I'm as close to feeling sorry for them as I ever have been...

But then I remember: The Scottish Cup gloating... THAT semi-final.. Big Team Wee Team... They welcomed the dodgy Russian...

I was worried about you there till the last sentence.

Maintain discipline !

[hibbyharp1875]

Originally Posted by Keepitgreen

For long enough now I've wished death upon the gunts. Laughed heartily at the thought that they might be heading for the shitter. Gloated like there's no tomorrow.

But throughout I have to be honest and say that at the back of my mind I didn't really accept that they'd go. It just seemed like a step too far in wishful thinking. I'd never have said it but that's what I've thought.

However, laying out the facts as above, it really does look like something major is going to come, soon... Mental. It's really happening.

I hate the Gunts with a passion, but taking it all away and just seeing them as Edinburgh residents who follow their team; man, they must be shitting it. It must be shit for them. I'm so glad it's not us. So glad.

I'm as close to feeling sorry for them as I ever have been...

But then I remember: The Scottish Cup gloating... THAT semi-final.. Big Team Wee Team... They welcomed the dodgy Russian...

but that was us , hands of hibs and all that , in debt , threat of closure , death , nae club , funny how history repeats itself

[Colr]

We need the ST Andrews Sq venture to take off and grow.

One of the main reasons Vlad bought Hearts was to increase his exposure to British markets which improve the general credit rating of Ukio. Hearts where a stepping stone and he'll keep spinning it along until he has a more solid foundation then will liquidate the Hearts debt. I suggest that he may go for planning at Tynie but will drag the process out so he doesn't have to commit major resources. Once he has established UK businesses like St Andrew's Square. He will drop it but in the mean time a good proportion of their turnover is going to him in interest charges - profits to a lending bank.

[Northern Ireland Hibby]

[BurbankHibee]

I cannot fathom how their finances work but I suspect that the Mad One will somehow avoid administration unless he needs them to go into administration for some reason. High finance is not my bag but it seems to me a lot of companies, particularly in the US go into bankruptcy and somehow come out of it stronger.

[wee 162]

Originally Posted by BurbankHibee

I cannot fathom how their finances work but I suspect that the Mad One will somehow avoid administration unless he needs them to go into administration for some reason. High finance is not my bag but it seems to me a lot of companies, particularly in the US go into bankruptcy and somehow come out of it stronger.

I don't think they will go into administration tbh. If they do then the assets are sold and the creditors receive however much back can be raised by that and they'll get however much that is in the pound. If they do go into administration it certainly won't be Romanovs choice imo because his bank won't be treated any more favourably than their other creditors by the administrator. What I think is the most likely thing to happen is they might actually attempt to put in planning permission for their super duper new stand/ hotel etc, and then the stand isnae built but the other parts are. That would then lead to the development of the rest of Tynecastle into housing sans fitba team.

The fitba team in this scenario? Sold to anyone who wants to buy it, or alternatively then put into administration.

Of course all of this is dependent on Ukio Bankas being financially solvent and actually being able to pay Hearts bills. Which if their mode of lending to Hearts is any indication, is the very definition of sub-prime. No that easy to borrow money these days...

And with that, I wish you all a happy new year:YAYYY:

[Colr]

Originally Posted by wee 162

I don't think they will go into administration tbh. If they do then the assets are sold and the creditors receive however much back can be raised by that and they'll get however much that is in the pound. If they do go into administration it certainly won't be Romanovs choice imo because his bank won't be treated any more favourably than their other creditors by the administrator. What I think is the most likely thing to happen is they might actually attempt to put in planning permission for their super duper new stand/ hotel etc, and then the stand isnae built but the other parts are. That would then lead to the development of the rest of Tynecastle into housing sans fitba team.

The fitba team in this scenario? Sold to anyone who wants to buy it, or alternatively then put into administration.

Of course all of this is dependent on Ukio Bankas being financially solvent and actually being able to pay Hearts bills. Which if their mode of lending to Hearts is any indication, is the very definition of sub-prime. No that easy to borrow money these days...

And with that, I wish you all a happy new year:YAYYY:

This is the case.

Administration is usually forced on companies by its creditors as an attempted to get back their money. Ukio are the owners and the ones holding the debt. There's no advantage I can see from them putting the club in administration which effectively means an accountant being brought in to sort the clubs afairs out (i.e. the owners lose control). Why on earth would they do that?

[hibs1986]

Originally Posted by Colr

This is the case.

Administration is usually forced on companies by its creditors as an attempted to get back their money. Ukio are the owners and the ones holding the debt. There's no advantage I can see from them putting the club in administration which effectively means an accountant being brought in to sort the clubs afairs out (i.e. the owners lose control). Why on earth would they do that?

I suppose it's possible that there are other unpaid creditors, such as police, playing staff etc....who might force administration. However, I would agree that it's unlikely that Vlad would allow it to go that far, because he would lose control.