Professor.Arturo Posted January 16, 2008 Share Posted January 16, 2008 We are now ?100 million in debt, or its an ellaborate ploy by VR to do a runner, or they know the council will knock it back yada yada yada!! They really are a sad bunch of strawclutching pondlife! http://www.hibs.net/message/showthread.php?t=105829 Link to comment Share on other sites More sharing options...
Boris Posted January 16, 2008 Share Posted January 16, 2008 FTH Seriously. FTH! Link to comment Share on other sites More sharing options...
Statto Posted January 16, 2008 Share Posted January 16, 2008 At the last AGM (or other big meeting) the board (or someone) agreed with VR that the debt should be capped at ?40M, this was when it was at ?30M (I think). I don't know much about it really - can you tell? Does someone know the exactedness of it all? Link to comment Share on other sites More sharing options...
monkfish1979 Posted January 16, 2008 Share Posted January 16, 2008 Indeed. Thing is, any person with a modicum of base sentient intelligence would have realised by now that the rumours are abolute bullshat and backed off. Apparently the posters on rabies.net lack the afforementioned attributes. Link to comment Share on other sites More sharing options...
Colonel Kurtz Posted January 16, 2008 Share Posted January 16, 2008 hobonomics after a daily dose of Mythadone Apparantly their resident expert takes first line incoming calls for IF and has just managed to get the salutation correct after 2 weeks training. Perhaps they should look at their own set up and ask where the car park money went,and why their debt was hawked around. Link to comment Share on other sites More sharing options...
bn jambo Posted January 16, 2008 Share Posted January 16, 2008 FTH:blahblah: Link to comment Share on other sites More sharing options...
We_are_the_Hearts Posted January 16, 2008 Share Posted January 16, 2008 How bitter and jealous can folk be? They really have an inferiority complex! If Hibs announced this all you would get out me would be "well done, but your team is still single fish". These morons go to some lengths to try and bring the pride and soul of Edinburgh down. Link to comment Share on other sites More sharing options...
Julio Posted January 16, 2008 Share Posted January 16, 2008 Flumps the lot of them. Link to comment Share on other sites More sharing options...
Walter Kidd Posted January 16, 2008 Share Posted January 16, 2008 Hibs fans are all dangleberries on my dangleberries. Link to comment Share on other sites More sharing options...
sjh1874 Posted January 16, 2008 Share Posted January 16, 2008 Here is another cracker live from Leith. Apparently the flair team known the world over as an expressive total football, passing, attacking and in general teachers of the great Brazilian teams of the past haven't won the scottish cup since 1902!!!!! Un-believe-able I tell you, un-believe-able. Anything muttered on that drug fuelled site should be taken with a pinch of salt. Next they'll be telling us Petrie is flash with the cash and he has put clean socks on this year. Link to comment Share on other sites More sharing options...
skotskosparta Posted January 16, 2008 Share Posted January 16, 2008 We are now ?100 million in debt, or its an ellaborate ploy by VR to do a runner, or they know the council will knock it back yada yada yada!! They really are a sad bunch of strawclutching pondlife! http://www.hibs.net/message/showthread.php?t=105829 Totally sad, it will only be 91m!! :527: Link to comment Share on other sites More sharing options...
sjh1874 Posted January 16, 2008 Share Posted January 16, 2008 Totally sad, it will only be 91m!! :527: Jog on Hobo!! Isn't there a busy motorway you could go and play on? Link to comment Share on other sites More sharing options...
Morgan Posted January 16, 2008 Share Posted January 16, 2008 Hibs fans are all dangleberries on my dangleberries. Are your dangleberries juicy or dry? Link to comment Share on other sites More sharing options...
The Old Tolbooth Posted January 16, 2008 Share Posted January 16, 2008 Cant wait til Tom Farmer ups sticks and leaves the hobos, what then? Link to comment Share on other sites More sharing options...
Morgan Posted January 16, 2008 Share Posted January 16, 2008 Totally sad, it will only be 91m!! :527: Oh ma sides. Link to comment Share on other sites More sharing options...
Nookie Bear Posted January 16, 2008 Share Posted January 16, 2008 Totally sad, it will only be 91m!! :527: Spotsnorter - go and lose the sig nonsense. Like the hobos, it takes up too much space and is just pathetic. Link to comment Share on other sites More sharing options...
jamboinglasgow Posted January 16, 2008 Share Posted January 16, 2008 hobonomics after a daily dose of MythadoneApparantly their resident expert takes first line incoming calls for IF and has just managed to get the salutation correct after 2 weeks training. Perhaps they should look at their own set up and ask where the car park money went,and why their debt was hawked around. your scareing me, my money is in IF, and some idiot hobo has some control over it Link to comment Share on other sites More sharing options...
Morgan Posted January 16, 2008 Share Posted January 16, 2008 Spotsnorter - go and lose the sig nonsense. Like the hobos, it takes up too much space and is just pathetic. This is good - it should stick. Link to comment Share on other sites More sharing options...
BangkokHearts Posted January 16, 2008 Share Posted January 16, 2008 Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering. Link to comment Share on other sites More sharing options...
sandylejambo Posted January 16, 2008 Share Posted January 16, 2008 lets not be too hard on the dismorphic shower of grannie muggers, how would you feel if your team had been in the shadow of your near neighbours since 1875? so lets cut them a bit smack,,oops slack Link to comment Share on other sites More sharing options...
Valentinho Posted January 16, 2008 Share Posted January 16, 2008 We are now ?100 million in debt, or its an ellaborate ploy by VR to do a runner, or they know the council will knock it back yada yada yada!! They really are a sad bunch of strawclutching pondlife! http://www.hibs.net/message/showthread.php?t=105829 These anal orifii understand NOTHING!! The debt is NOT ?100m. When you add the current debt (?28m) to the SPEND on the new stand, hotel, gym shops etc, the total debt will be ?100m....less the value of the assets created by the SPEND (Hotel, gym, shops & flats). Even if these new assets were worth just ?30, the debt would be c ?70m, with increased income to fund repayments and a completed Tynie, with hotel, shops etc worth perhaps ?70 to show for it. DEBT..yes, but with assets and a sympatheic creditor to support it. Link to comment Share on other sites More sharing options...
IMA MAROON Posted January 16, 2008 Share Posted January 16, 2008 Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering. Spot on! And they Fear us and on Saturday they are going to Suffer! Link to comment Share on other sites More sharing options...
skotskosparta Posted January 16, 2008 Share Posted January 16, 2008 These anal orifii understand NOTHING!! The debt is NOT ?100m. When you add the current debt (?28m) to the SPEND on the new stand, hotel, gym shops etc, the total debt will be ?100m....less the value of the assets created by the SPEND (Hotel, gym, shops & flats). Even if these new assets were worth just ?30, the debt would be c ?70m, with increased income to fund repayments and a completed Tynie, with hotel, shops etc worth perhaps ?70 to show for it. DEBT..yes, but with assets and a sympatheic creditor to support it. So on that basis, Hibs have no debt, as the current land and stands are more than the debt in the mortgage!! WOOO HOO Link to comment Share on other sites More sharing options...
Valentinho Posted January 16, 2008 Share Posted January 16, 2008 So on that basis, Hibs have no debt, as the current land and stands are more than the debt in the mortgage!! WOOO HOO I did not say Hearts will have no debt! In fact I said (approx) "debt-yes, but covered by assets and a sympathetic creditor". On that basis, Hibs also have debt, but more than covered by the value of the ground and stadium built on it. My point is, Hearts debt will not increase to the ?100m some Hobos believe. They are purchasing assets with the increased borrowings. So I am not worried about Hearts', nor should you be with Hibs', finances. The borrowings are backed by valuable assets. Link to comment Share on other sites More sharing options...
cobbyshambles Posted January 16, 2008 Share Posted January 16, 2008 100m in debt isn't even logical for a team like hearts,there is no way we could accrue over 70 million in debt over a season. Link to comment Share on other sites More sharing options...
Miller Jambo 60 Posted January 16, 2008 Share Posted January 16, 2008 100m in debt isn't even logical for a team like hearts,there is no way we could accrue over 70 million in debt over a season. The HOBOS will suffer on saturday big time 4-0 Link to comment Share on other sites More sharing options...
bill duff Posted January 16, 2008 Share Posted January 16, 2008 It's quite obvious to me.............. Big team = big debt Wee team = wee debt. Link to comment Share on other sites More sharing options...
cobbyshambles Posted January 16, 2008 Share Posted January 16, 2008 The HOBOS will suffer on saturday big time 4-0 they will now murphy's away Link to comment Share on other sites More sharing options...
Colonel Kurtz Posted January 16, 2008 Share Posted January 16, 2008 So on that basis, Hibs have no debt, as the current land and stands are more than the debt in the mortgage!! WOOO HOO hobonomics The car park generated enough to pay off the mortgage,where did the money go. A portion of the debt was sold to marston securities in lieu of future profits The holding co is owned by Saint Tom and Ned Flanders,who is also the highest paid employee ,despite nor being willing to pay players Link to comment Share on other sites More sharing options...
mda Posted January 16, 2008 Share Posted January 16, 2008 I know all the nonsense rumours that have been doing the rounds recently about us going in to administration and the level of debt, but do we know how the new stand and associated buildings are being financed? I'm assuming that's going to be financed by UBIG and we'll then lease the main stand from them? Or does it really matter as there's bound to be some clever accounting going on and at the end of the day everything is under UBIG somewhere or other. I think that's how the Huns managed to wipe out so much of their debt as it was basically transferred to another one of David Murray's companies. Sorry if I've missed this info before, but I can't find it with the search function. Link to comment Share on other sites More sharing options...
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